RE: STEEM: Whales Are Losing Their Power....The System Is Not Broken...Report through 2/15/18
Vice decided to fork the blockchain...why? I have no idea. Perhaps they felt it better to be their own STEEM. Is it a blow? Perhaps. Although it might be best that way since the stigma of that in force on here could drive other legitimate entities away.
The number of daily active users continues to grow over time so that is what is important. I am not sure what the inactives are to begin with, so I cant really comment on them. I do not know what @arcange used to determine when one is inactive.
Nevertheless, it is normal. How many accounts does Facebook have compared to the number of true users? Same with Reddit. YouTube? We see that all over the place. The difference is , I believe, some of the inactives, might come back. Looking at the total, there are some tokens in their accounts. They might someday wake up and realize they have a little money on this blockchain.
As for EOS, that is going to be interesting. I dont think Dan ever intended to have them compete. @ned and him fighting isnt a healthy thing and I do not know what is behind it. Nevertheless, in spite of it all, I dont think @dan is really after @ned anyway...he has his eyes set on Vitalik and ethereum.
People think blockchains compete because we are reared in a competitive mindset. Let me ask you, if you are a developer who creates a business on STEEM, and there is no problem with functionality, i.e. your transactions are getting through, are you going to move your business? Especially since EOS could well be a completely different language from steem. Do you see D.Tube suddenly up and moving?
I think at the end of the day, the people who are here are going to remain here....EOS might well be a top blockchain too but there is no reason, if development keeps up, why STEEM wont be one also.
Nice to read you, @taskmaster4450!
It is true about the account inactivity, and it also works to keep up the STEEM value: lots of tokens burned in inactive accounts. I think the platforms that have already being designed in the STEEM blockchain, for sure will remain... ive heard from the creator of D.Tube that he migth move to the SMT model to run an ICO, and thats good news even tho it is a little bit confusing how SMT tokens will interact with the price and value of the STEEM token...
What is is true, is that new devolopers of social media would chose the best machine to build upon, and that would be EOS for sure. I've being researching all the possible info about @ned and @dan, you know, "to protect my investment", and @dan publiccly said that EOS would be the ground level of making "more and better social media". Remember that he built STEEM to convert users to his proyect (learning the lesson of BitShares with technology adoption) and he will do the exact same model with EOS... Also, he is being really critical about the governance upon steem (the bots, the self-vote, the whales, the token distribution, etc...).
The advantage of STEEM is the first-move... I think June-July will be a desicive month for the Social Media in the blockchain, with the release of APPICS and EOS. APPICS, if they manage to accomplish what they promise, to make the blockchain acccesible and understandable to "average-joe" they migth have the first killer-app in the blockchain.... So thats what i think STEEM will still be growing this year, but, 2019-2020 will determine weather if EOS or STEEM will become the mass-adoption social media in the blockchain.
Of course, we still have to see which proyects emerge with EOS and with SMT... Nothing have being said with EOS, and, apart from APPICS, i havent seen any exiting proyects coming this year for the SMT.
So, we will see :)
I love your content, man! ill come to post more often.
Cheers,
D.