The ugly truth behind steemit.
I think that everyone should see this one. Here. (https://medium.com/@BlockByBlock/the-ugly-truth-behind-steemit-1a525f5e156#.j68xvx8o6) This is an eye openning article about steemit.
"All content on Steemit is highly censored and centralized since the few actual users who own majority of the supply get to decide which posts make it to the front page and which posts get higher payouts. Accounts are easy to create and majority of the top accounts are most likely controlled by a small group of people making Steemit highly susceptible to sybil attacks. Simply put, for any content to make it to the front page, it is subject to the approval of the developer and his ‘friends’…"
"Are you an influential or well-known public figure? The developer and his ‘friends’ will give you a nice ‘payout’ so you feel good and start promoting their shady platform to the public. The number of people being lured in through this method is alarming and disappointing. Post something that the majority stakeholders don’t like and your post will never see the light of day despite being well-received by many users."
"The top 247 accounts on Steemit (most of which are probably owned by the developer and his ‘friends’ through duplicate accounts) own ~87.50% of total stake, without including the main steemit account which is also controlled by the dev. Although any user can vote for content, the influence of your vote corresponds to the amount of STEEM you convert on your account. This means the typical user’s vote is almost meaningless unless they manage to acquire a high stake in total supply."
The same Title as mine and even the same thoughts !
https://steemit.com/steemit/@mohamedmashaal/the-ugly-truth
!! could you explain that ?
Did you even read it? I am linking to another article not written by me, using its name. So mostly likely you have stolen the name from that article.
Well i read it , it not exactly what i wrote there , as i was talking about the debate in the trending post , but the title is mostly the same . it's a coincidence that i used the same title as i never heard of a site called medium . you can till that from my posts , i worked hard to write them and they have my own thoughts . Maybe that's why they don't get too up votes :D Also Sorry for the misunderstanding .
A question as i'm new here ? is it okay to just link articles from other sites !
Do i get flagged or something like that ?
Man, I had the same idea for the logo.
Has Dan, or Ned commented on these new concerns? The developers are usually pretty observant and care how we see their platform, I am sure they has said something about this topic, if anyone knows of anything, please post link. I would like to hear both sides of this argument.
seems like they have nothing to say, well that is an aswer as well after all.
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