Steem Torch - Social Experiment on Steem

in steem •  7 months ago 

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I was contemplating on starting a Steem Torch social experiment to test the speed and trust of transactions on Steem. It would be an experiment similar to Bitcoin Lightning Torch. If you have not heard about it yet, you can read about it here.

Steem offers free and fast transactions for transfer of value. Steem has a vibrant community and sub-communities full of trustworthy users. So why not test it with Steem Torch Experiment?

What is Steem Torch ?

It is a simple Steem transaction with a memo "Steem Torch...". The experiment itself is a chain of transactions. For example, user-A sends "Steem Torch" to user-B, then user-B sends to user-C, and so on. Idea is to see how fast transactions happen and how far the chain of transactions would grow.

Steem Torch Memo

The memo would be something like this: Steem Torch Experiment. Count - 1. Please read the rules at https://steemit.com/@user/steem-torch before passing on the torch.

Memo consist of 3 parts:

  1. "Steem Torch Experiment." Doesn't change.
  2. "Count - count_number." Users will need to increment the count_number by one when passing on the Torch to another user.
  3. Link to the rules. Doesn't change.

How will it work? or will it work?

I will send the initial transaction of 25 Steem to a user I trust who will follow the rules of the experiment with the Steem Torch memo. It is important to send the torch to an active user and trustworthy for the continuation of the experiment. If the torch keeper chooses not to participate, doesn't see the transaction, decided to keep the funds, or just inactive then experiment ends without much success.

So, it is up to the torch keeper to choose carefully who to send and maybe inform the user in advance.

Rules of Steem Torch

  1. After receiving the Steem Torch transaction Torch keeper needs to pass on the Steem Torch to another user as soon as possible.

  2. Torch keeper may choose to add funds to the Steem amount received. However, they must not decrease the amount. It is up to the torch keeper how much they would like to add. As little as 0.001 Steem or nothing is fine.

  3. Torch keeper needs to choose a user they trust who will follow the Steem Torch rules and pass the torch to another user as soon as possible.

  4. Torch keeper needs to add the same memo that they have received, with only changing the count number and incrementing it by one.

  5. When Count reaches 10000, Torch Keeper can choose to stop the experiment. Funds can be donated to Steem based charities, distributed to minnows, or burnt. Torch keeper must not keep the funds. Alternatively, the Torch Keeper may choose to continue the experiment and pass it on to another following the rules 1-4. In this case, the next milestone will be 20000. When 20000 is reached, Torch keeper again gets to decide to stop the experiment following the rule 5 or continue the experiment. Every 10000th transaction new milestone is reached.


I think all of these transactions can be pulled programmatically to track the chain of Steem Torch transactions. If I figure it out how I will make a daily post of the progress listing the transactions. That is if it doesn't fail right away. If anybody knows any efficient way of pulling this data, please let me know.

Let me know what you think. Do you find it interesting/boring? Would you participate? Any suggestions are welcome.

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Kind of reminds me of this expect people would know who stole it lol and you’re not sending out 200 transactions seeing how many came back.

Which does make me wonder how likely someone would be to take the funds or send the funds to an alt they made to disappear with it knowing they will forever be known as the torch thief.

I frankly have massive trust issues so I’d be interested to see how it goes from the sidelines.

Will it end up in a small bubble going back and forth between a hundred users or really end up in some undiscovered areas.

Will people contact someone first to see if they will partake in this or just randomly send it to someone hoping for the best?

Will people try and gamify it by increasing the amount sent but also exchange using another part of our ecosystem upvotes to reward those sending it along?

This seems like something @oracle-d or similar would want get involved in. Since It could prove a few things about our blockchain, how it works, and those who partake in it.

Well consider me intrigued. From the sidelines :)

Thank you @enjar. I think pulled data of transactions can show the unique number of users and how many times the same users received the torch.

Your questions and @bengy's comment made me think maybe it shouldn't be about money and rules should change as follows:

  • Initial amount of 10 Steem.
  • Torch keepers can either add only 1 Steem or nothing.
  • At 10K count (or higher milestone) burn the total by sending to @null

it would be interesting. not sure what is the goal, to see if will it move, or will someone keep the money. if it is not about the money make it 1 steem and no adding of it.

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The goal is to demonstrate the speed and trust of transferring value on Steem. In my opinion, these are two essential elements that blockchain technologies promise. I am confident Steem can outperform others.

Low amount probably wouldn't be taken seriously and would be kinda spammy. Moreover, the experiment is to show the real value transfer, where others can contribute too.

If it works great, if it doesn't it's ok too.

  ·  7 months ago (edited)

I'm definitely curious about how this works out! I think I'm in the same bin as @enjar ...i want it to work... But I think it's not going to unless it stays inside a certain bubble of Steem accounts!

Thank you for your comment @bengy. Your comment along with @enjar's questions made me think to revise the rules to burning the accumulated, making it less about money and more about the experiment.

If there is a way for people to see who already is in the chain of transactions, maybe that could help to send to unique users.

I am seriously curious how this will work out

Thank you

This post has been included in the latest edition of SoS Daily News - a digest of all the latest news on the Steem blockchain.

Thank you.

Would be cool but I'm skeptical it would get far. Even if you pass it on to trustworthy users, the Wallet page is the buggiest page on Steem as well as the spammiest. Many of us don't even bother to look, and even if you do the transaction has a high chance of not even appearing due to the numerous bugs.

Thank you @themarkymark. Yes, I am skeptical too. I am optimistic though. Despite wallet UI being buggy and other obstacles, I am hoping torch keepers will notify users they are making the transfer to, and maybe follow up as well. I will give it a try and see how it goes.

I like this idea...! Hope the new step was people talking about steem blockchain and make promotional content to social networks! i really like to do something like that and receibe material from steemians from all the world!

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Good initiative @geekgirl ! I love this project to help the homeless... I vote !

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Let's keep the torch on !

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How did it work out?

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