Steemit Update: Leaving "Survive Mode" ... and Beta!

in #steemit3 years ago (edited)

Since the company's layoffs last fall, the Steemit team has been focused on infrastructure cost reductions and advertising sales on By releasing two state-of-the-art pieces of software (Hivemind and MIRA), reducing operating costs, improving the efficiency of our AWS infrastructure, and beginning our paid advertising program, we are now hitting our cost reduction and revenue projections.

We have picked the majority of “low hanging fruit” with respect to cost reductions and restored the organization to a financially sustainable condition with a worst-case scenario operational runway that is more than sufficient to begin scoping future enhancements to the Steem blockchain and

@elipowell & Christi White

eli + christi.jpg

These changes began with the decision by @ned to hand over the reigns of Steemit Inc. to Elizabeth Powell who became Managing Director of Steemit about 6 months ago. In her efforts to turn the organization around she was aided by our indispensable Head of Operations, Christi White.

To learn more about Elizabeth Powell, check out her appearance on the latest episode of The Steemit Podcast, available now!

New Leadership

In order to shepard the organization into this new phase of growth, we have restructured the company and assigned four new team leads who have demonstrated exceptional judgment, skill, work ethic, and commitment to the Steem ecosystem.

team leads.jpg

Justin Welch - @justinw

@justinw has been leading Steemit’s DevOps efforts since its first year in operation and is now leading the team as Head of Engineering. Neither the Steem blockchain nor can function without the stable, secure, and scalable infrastructure that Justin oversees. Unfortunately for Justin that means that whenever anything goes wrong, he is absolutely indispensable. Since he is also critical when it comes to just all around "making things better," that means he has gotten very little time off, and very little sleep. If we could clone just one person, we all agree it would be Justin. Since we can’t do that, we’re putting him in charge of our engineering efforts.


@vandeberg has been with Steemit since before its inception and oversees all blockchain development as Senior Blockchain Engineer. Michael has had a massive influence over the direction that Steem has taken and with the benefit of hindsight we have all seen the wisdom behind the difficult choices he insisted be made, and the folly of ignoring his warnings. His insistence on pursuing the utilization of RocksDB to migrate Steem to commodity-hardware well over a year ago is just one example of his foresight.


@roadscape, Senior Product Engineer, was one of the earliest additions to the Steemit team. He was also the developer behind, the first user interface for accessing the information stored on the Steem blockchain. @roadscape went on to architect Hivemind, software that not only dramatically reduces the cost of running a blockchain node, but which also unlocks a universe of possibilities for social apps.

Whether people realize it or not, Hivemind also has the potential to offer the strengths of so-called “Smart Contracts” with almost none of the downsides. Hivemind will enable us to create Communities on Steem (among many other features), which is why it will play a critical role in the future of, and the Steem ecosystem as a whole. That’s why we wanted to empower its developer to push it to the limits!


@andrarchy has been a part of the Steemit community since before he was part of the Steemit team, creating content on the platform that helped educate new users on the complexities of the Steem ecosystem. Originally hired as Community Liaison for Steemit, he would go on to become our Content Director, and now Head of Communications where he oversees everything relating to content, marketing, and of course, communications.

Thrive Mode

While these last few months have been incredibly challenging for us, these hardships have not been able to stop this organization, nor this community, from surviving. Thanks to the many hard decisions we’ve made over the last 6 months, and the amazing software our engineers have managed to release, we feel that Steemit Inc. is well-positioned to transition from “survive mode” to “thrive mode.”

Thanks to Hivemind, and the splitting of Condenser into two separate applications (Social and Wallet), we’ve been able to improve at a rapid rate, while maintaining our rigorous security standards. And we’re just getting started. For these reasons, we feel the time is right for ... to leave Beta!

The Steemit Team



Hellow @elipowell. STEEM is steadily slipping down in ranking compared to other coins. We are no longer in the top 10. It is more like close to 60. Now that Steemit is no longer in survival mode, Are we to expect that Steemit will now actively pursue listings on new and existing exchanges?

No Response. I'm not convinced that Steemit has left "Survival Mode".

wow roadscape official!

Thank you for everyone and special thanks to @roadscape, @vandeberg, @justinw (i guess your GH id's jredbeard :) for reviewing and merging my PRs (my GH id's economicstudio). I also thank @ned, my all time favorite example for many utopian bug-hunting and dev posts :)

ps. Don't forget to merge "show beneficiary setting" How to test? Make a post and set 100% beneficiary to @blockchainstudio :)

ahaan ;) It's never too late ;) Happy to hear that we are leaving beta ;) Hopefully, steem inc will stop selling steem now :'(

would be nice when after they found a source of money (advertising) and sold enough steem for a buffer they would just simply burn the rest of the steem inc held tokens...

Alternatively they could power back up and use the SP for rewarding what they consider good projects. Wouldn't that be better?

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I definitely think it would not be... who decides what is good or bad?
Its a bit like central planing/socialism vs capitalism...
If they burned it, they would give the current stakeholders more power...
.. and just looking at it mathematically the steem price should double.. what should attract even more users...

Thanks for all your work and the new features!

Here is a first !BEER for the team and there will be more for the team members soon.

The steem beer community says thank you for all your efforts to keep us running our weekly #BeerSaturday since 102 weeks in a row on the steem blockchain.

Greetz @detlev

i remember gmail was in beta for like 10 years

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Congratulations on leaving beta and survival mode! The timing couldn't be better with the crypto rally happening right now.

All the best with's next chapter!

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Congratulations to the whole team at Steemit Inc.
Conducting such a corporate turnaround is not easy.
Developing state of the art software in the middle of a period of austerity is difficult.

You have revolutionised your own company and the Steem ecosystem, empowering others to take the lead in areas you were not able to (Steem Engine, SCOT etc).

Steel is forged in fire and Steem is a much stronger ecosystem than it was 7 months ago.
Ready for the next Crypto bull run!

Now that you are out of crisis mode, perhaps its time for Steemit Inc to sign up to @jpbliberty's class action lawsuit against the crypto ad ban of Facebook & Google.
Steemit Inc could win tens of millions of dollars in damages - wouldn't that improve the balance sheet!
It costs nothing but benefits not just you, but the whole Steem ecosystem and Crypto community as a whole.

Just send an encrypted memo to @jpbliberty saying "Join Crypto Class Action. My [email/Telegram/Skype] is [xxx]."

Maybe that lawsuit is a good idea, but I think a better one would be to just build a dApp on Steem for advertising and then just beat them at their own game.

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Need to do both. The lawsuit will bring big $ into the Crypto space which will allow the competing DApps to be perfected and money spent on attracting users.

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I think joining a lawsuit like that would conflict with the culture of the Steemit, Inc. team. At least that's the impression that I have of them.

Now this is what I am talking about, comms like this is what will help Steem to get taken seriously. The price went up to 42 cents today, not sure if it was like that before the announcement or not in terms of exact timing but I'm sure the announcement helped. Keep it up!

Great and interesting news.

I have two questions:

  1. Where is Ned?
  2. Who is Christi White?

@oldtimer, Christi is the master mind behind the scenes. She is HR, finance, all things business ops. She hired me a year ago. @doxie-tx

Ned is Executive Chairman of Steemit. He continues to provide vision, direction, and all the support the team needs.

Ned is Executive Chairman of Steemit. He continues to provide vision, direction, and all the support the team needs.

You mean, his ideas about how to rely on speculative investments to run the company? And how to waste money on new hires that will have to be laid off?

executive chairman hm ... i was wondering where the face went ... i wouldn't worry too much about the community as you lot like to call it ... Planet Crypton tends to have very resilient tribes, as long as you and yours can keep it floating i doubt it will go past its expiry date ... i think we are all at the foot of the mountain here, just got passed the swamp and now its a long and winding road ... probably with many avalanches about ...

but i doubt i have to tell you that since you're the MD and i'm Nob Oddy (which is fine by me since i'm allergic to spotlights :p) Best things since sliced bread so far ... but even without the competition ... a sad thing the tribes don't see the point in converging on common ground FIRST against the common enemy (<- too much sun tzu ... too much many things actually) and its overall my blockchain first while the combined opposing forces go against all of it at all ... a central council wouldnt be a bad idea ... but ego is a b*tch ...

Anyway, good luck and thanks !!! @elipowell ... let's not stop at the moon this time, there's catching up to do

wink ... (i really AM nobody okay, its not like i'm somebody in disguise here ...)

yea, central council ... something like "the linux foundation" but more like the world government (preferably elected) of planet Crypton or "the blockchain foundation" or something , in order to defend the rights of Cryptonian tribes ... we are somewhat of an ethnic minority after all ... :p anyway ... before i go at it for another 15 minutes, goodnight to you ma'am :p

miss ... ? i dont speak american very well no matter (<- see ... that's why i need to brake up front because my fingers keep typing ..)

Community foundation is already in the works (and has been for a few months) check the @steemalliance blog for updates.

identity crisis?

Lol.. I logged in earlier to fix my sp.. and to flag the spammer.. decided I was too busy to log out and back in to comment 😂

Trying to keep you guys on your toes

oh yes … the new world order baby (-:

Thank you very much for your answer.

Maybe some people are wrong and the light at the end of the tunnel is not a train, after all.

Hello Eli and nice to meet you. As a long time Steem user I've noticed that Steem does a great job at attracting normal internet users from all walks of life, and not just crypto nerds. I worry however, that not nearly enough effort is being put into reaching these people.

So, I do hope a lot more resources are put into advertising in various ways. We have contests like openmic that could be used and promoted and I'd also consider using Steem funds to activate our own userbase to do some work for you! But I'm sure you've already thought about all the possibilities, just wanted to voice that I see it as our most important obstacle as of now; actually getting normal internet users to know about Steem and what it has to offer!

Facebook is losing its face, so is youtube due to bans and copyright issues. Now is the time to go full Steem on and market ourselves until everyone knows Steem!

Awesome. Do you project that as you ramp up with revenue creation and further get costs under control there will be a time when selling steem will no longer be needed?

I second those questions!

and why doesnt she have a steemit account or is she still waiting for approval?

or is she still waiting for approval?



There's no need for that. We need people from outside our bubble.
We're all blind here.

lol literally..!
got the same perception

where's ned? where's waldo?? … same difference

Very true

Why does she need a steemit account? It's steem btw, Steem account.

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Uh duh, she should have done an introduce yourself to let us know! lol

Because she answers to you?

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I thought about it, and it actually does make sense for her not to have a public steemit for security purposes. That is why steemit needs communities. It would be too easy to make a public mistake and ruin your career. She must be really smart since she did not sign up and start blogging, instead she was getting stuff done behind the scenes. I was just making a haiku poem! lol

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I think she doesn't blog not for fear of ruining her career but because her job isn't blogging.

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Uh duh, she should have
Done an introduce yourself
To let us know! lol

                 - coininstant

I'm a bot. I detect haiku.

Probably because I'm from Haiku! lol

In a life-boat with a guitar.

Loving the progress & communication. Watched the YouTube video as well. Smart move for Ned to put someone who has been into marketing as the managing direct. I got faith in @elipowell , the entire team & steem community.

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Hi, @elipowell. Since you’re now the big dog and Ned really didn’t seem to grasp social media advertising/monetization as the owner of a social media site/company, I wanted to ask you...

Do you believe there is a way for your platform to integrate with Brave/BAT for additional revenue? Do you believe it’s possible for your development team to reach out to Brave’s team and potentially work with them and the BAT on any blockchain integration between the two projects?

I believe HTTP may be on the way out already. Brave is a web browser. Centralized websites may be popular today. But in the future i can see DAPPs being more popular. Seems like a lot of work to support coin/web browser of a potentially dead end technology. Others believe this as well. See the video below made at Stanford.

Probably the best status-update I have ever seen from the team! Well done. Keep the pressure on and moving momentum forward.

Thank you for the update glad to see some progression so we can start scaling and building now. Still got a thorn in my side about all the wasted time last year though :/

VHS here we come!!!!

Seriously though this is very good to hear.

Seems like STEEM might have a good time ahead! Anyway wish to hear is there any plan to bring STEEM to the top 20 of CMC rankings?


I continued the reading using the translator, I consider the information as valuable.
I love having two enterprising ladies in the team

You are fighting there with the budget cuts, I'm sure you have no idea how many Venezuelans depend or supplement your money input by writing here, some with very nice jobs and we have taken great care of users we have known by Here, I hope that Steemit never disappears, I would lose my stories, I hope that one day a grandson of mine will find my stories on the web and express, look how beautiful my grandmother's stories are. A greeting @steemitblog

Wow! I admit, I have been in "keep the account alive" mode for several reasons, and have missed a LOT of news. Like, all of the above is new to me...
I have noticed changes, did not know what they were about and did wonder. This is all very good to hear, and I certainly wish the team the very best.

Leaving Beta is huge, congrats 🚀

Thanks so much for the update, and...


we feel that Steemit Inc. is well-positioned to transition from “survive mode” to “thrive mode

I’m so happy to be reading this

During the bear markets Steem proved it can fully operate in a decentralized, secure manner. I'm more confident having seen the worst case scenerio situations and how steem performed when faced with these challenges, like chain freezes, and forks that had bugs that broke into the user experience of the blockchain. Even through all of these extreme circumstances, our blockchain democracy worked, and not only that, our democracy thrived. I'm confident Steem will continue on it's pathway to greatness.

My first impression of @elipowell is that she is more intelligent than @ned. She also appears to have some expertise in the relevant fields to lead Steem Inc. Ah, finally, I can feel a little more confident about holding Steem.

Thank you Steemit Team for all the great improvements that you have delivered the last months.
Are we ready to leave Beta stage???
Well, I hope that your Team is eager and encouraged enough to see the potential of changing the reward pool mechanism.
This is IMO the biggest and most lucrative chance to bring real change, faireness and growth back to Steem. There are many proposals in this regard, but my idea is that needs to get seperated from the main Steem reward pool. should consider for the health of the whole Steem ecosystem to become its own SMT project and community within the Steem ecosystem.
The growth of Steem is with all its Dapps, communities and projects that are developed by our brilliant users. Therefore the Steem reward pool and the Proof of Brain mechanism should be used to discover, support and develop those Dapps and communities.
Its still hard for me to imagine a successful Steem ecosystem where all users are using different dapps, but if they want to mine the underlying infrastructure coin Steem, than they need to come back to and start blogging.
This is IMO not sustainable...I hope you guys have any ideas or suggestions for this conflict of interest in the future.
But these are just my thoughts and I'm not a developer and have no clue how difficult this is.
Anyways, I would be happy to hear your thoughts about this topic?

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I don't think its necessary to make steem only blogging when you could just make BLOG coin or whatever. Steem is about much more than blogging, its infrastructure. I would be interested in hearing more about how you came to that conclusion though!

Sorry, you got me completely wrong. I never said to make Steem Blogging!
I'm saying that the Steem Reward Pool needs to get separated from the Site so that the Steem Rewards are not only tied up to Blogging on
Like you said Steem is much more than just and Blogging, but the "mining" thru Proof-of-Brain only happens on and that needs to change.
When becomes its own community and gets its own Token than you can call it "Blog Coin" I don't care, but in that way the whole Steem Ecosystem becomes more free in the ways it distributes the Steem rewards. is not the only frontend where content is created ... it was the first of the frontends but not all. Proof-of-Brain happens on any of the content creation frontends.
dtube, appics, steempeak, steeve, esteem, partiko etc

The current Rambling Radio Schedule can be found here
It's All About Community!

Yes, there are many other frontends where you can excess and create the content, but still the POB mechanism is the one thing that upsets users here the most. Its not working because it can be gamed with Bots, alt accounts, circle jerking etc...and this problem is present on all other frontend as well. What I'm suggesting is to seperate the POB mechanism from the content creation process. Steem should be seen and used as infrastrucutre Coin. The reward pool should go only to SP holders, Voting is only for Witnesses and Dapps/ Communities to allocate Steem to the Administrator of the dapps and communities.
The POB mechanism for content creation should happen on the level of the individual Dapps and communities, because when we have SMT those Dapps and communities can set rules and ban bots etc...
To sum it up I would love to see Steem more as an infrastructure Token rather than get abused thru direct content creation.

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I second this.

Wahey! Out of Beta! That's exciting! Although I assume it won't be too long until the Justin Cloning Blockchain heads into Beta itself.

What is @ned's role now? I assume his business card says 'Visionary' but what does his day to day look like now?

Congratulations on hitting Thrive-mode, I'm sure it wasn't easy to get here, but we're all excited about the future of our little blockchain.

Sounds like that could be an interesting SMT

So be it.

Very encouraging update

Now youre being stupid and ridiculous. The vast majority of bots have been eliminated. An enormous number, to the point its almost not a problem.
The only bots that are a problem are held by a few mentally deranged large SP holders.
Last hardfork fixed the problem for most part.

You have bid bots, but thats another thing completely.


Hate to break it to you but there's bots on all platforms, centralized ones even more so.


No but here it at least costs to use the chain, there it takes no effort to create a new account, etc. :)

If nothing else, I think it's a wonderful idea to exit the "beta mode mentality" which allows excuses to be made easily.

Actually, I've been relatively impressed at the change of trajectory of the Steemit team over the past couple months, so good job. Keep focusing on what is important and listen to the community.

The vast majority of people are very negative because of the recent bear market trend. They will be the same people screaming "to the moon" in a few months.

People that actually build and develop things regardless of trend are the ones that will make an impact long-term. Vision is vital.

Congrats on entering the thrive mode !

It reminds me of this part from Ned's speech at Steemfest³ (Nov 2018):

We don’t want to just survive in but thrive on crypto businesses.

Good to see you found a way to work towards that vision.

Now I have a question regarding the term beta.
Maybe it's a stupid one, but what does "leaving beta" effectively mean (besides the fact that the word beta will disappear from the logo)? Is it a term used in development, indicating that a product is ready for the markets? Does it have any legal implications for the company?

Would love to know more about that, thank you in advance :-)

Me too. Hope you get an answer.

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Okay, someone has to say it, if you did not open and look at the pictures that @sift666 included with his disagreement comments to comments or enlightenment to comments made because they were greyed out by down votes, you missed some very funny meme's that actually did a good job of counterpointing the comments.

On a side note that has absolutely nothing to do with the post, but a little bit to do with the comments, which spelling do you prefer?....Grey...or....Gray. I myself prefer Grey, and I do not even live in England.

Steemit Update: Leaving "Survive Mode" ... and Beta!

So...heading into gamma mode?

Where is @Ned really going to? How about the the project "Destiny"?
I hope things turn out well for Steemit and Steem with the leadership vested on Women,

@prettyglo we appreciate your support!

So honoured to have your response to my comment. You will succeed.

I support you too. :)

Now, that was a very informative and un-bot-like answer!

I hope you appreciate all my comments...

That was the most exciting thing I noticed in this news! Female leadership in the crypto technology space is a rare thing indeed. Even if you right Steemit off as "just a social network / publishing platform" it is still big news IMO.

Alpha - Beta - Coma?

WOW! It's about time! I must say I am liking the speed at which things are getting done lately! Kinda makes it look like Ned was the drag all along :D All in all, exciting news!

ned's theory of communication was tuning his guitar strings …

This looks like good news to me!

This is a big milestone, congrats! I have a question though...

As you continue to ramp up with the advertising revenue and continue with the cost cutting measures, do you project there will be a time when the selling of steem is no longer necessary?

Maybe it isn't such a bad thing for Steemit Inc to hold a smaller overall share of steem tokens, even if they don't need to.

There is already a downward pressure on the price of steem due to the inflation aspect. It would be good if they at least slowed down the sell off.

By the way, if you guys need funds have you considered doing any capital raises via more traditional routes?

Instead of selling steem on the open market perhaps there are investors out there that would be interested in investing in for an equity stake?

Raising a couple million that way might go a long ways in ensuring your survival and then ultimately thriving...

Steemit will always be in beta.

So looks like @ned just up and left the room ! Well i feel so informed now !

Sorry if I'm addressing the question to a wrong person, but @elipowell seems to be the right one.

  1. Why there is still no WYSIWYG Editor, it's eliminating a vast majority of users
  2. Why there is such a lag for account creation and why it's not free? In real world, if you need to pay to join - it's almost certainly a scam. You need users, to boost the price of Steem, not 1 Steem to earn, not a dollar to earn
  3. Why it's impossible for people outside Steem to interact with the content? Make a guest account, make this place interactive
  4. Add some skins, some templates... You know how WP looks like. If Steemit wants to be The Blogging Platform, it must look like a blog
  5. You are supporting several communities - why? What are you getting in return? Are those communities doing well or not? How do you measure it
  6. You added banners - why? The users are not coherent, what can be sold to some people with some interests living somewhere? Isn't it better to profile (build the communities) around some type of content?
  7. Why don't you make some sort of strategic partnership? With Patreon, SkillShare, SqareSpace, GuruShots, whatever digital product with a strong base of users. You are printing Steem no matter what, just channel it into the right hands.

If you want some help for a radical change - I'm here. I have a lot of experience in what I'm doing and I have a lot of references to back up my claims.

Sorry for being pessimistic, but if it stays in this form - it will die off.
Just like pagers or telegraphs or VHS players. Obsolete tech.

To the moon!😁🚀🌚

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Супер! Спасибо

Though I write from time to time on Steemit, I must admit that I don't come here often and I am surprised about how many people are working full time on this platform. I wish you good luck and I hope the new Steemit can be cleaner, especially from the abusers that nothing bring to the content and its quality :)

I guess the team is quite few?

Finally out of beta now we’re talking, hope to see regular sprints coming through now that there’s some sort of stability

I guess Ned will now just be what Brock was at EOS lol

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I am very thankful for all the changes and the team’s hard work. I assert that steemit and its sister apps are the best online places to be. Part of me is reluctant to see us grow ... but we will ... we will ... because we have such a great community of bloggers too. Steem for the win:)

Get to work! Do something!

yuhh finaly we leave beta!
Also I wonder why Christi White didn't publish any post ? And does she have Steemit account?

Alright! Change that has some traction. Thanks @ned for backing down and not letting the ship burn.. you made a lifeboat for yourself with a guitar in hand. Best decision since you made a nice cashout for yourself.

Check my tribute to Steem :-). We need more attention, in all areas. Steem has so much potential. What we do not need are the thousands of downvoter armies. Let's think of something. We need antidotes against such monsters. These posts nothing, do not comment. The only thing these guys do is to down vote 100%. Such a destructive behavior must be prevented! Here is an example of such a downvote troll and there are over 10K on the blockchain.
Please do something against such people or give us an instrument of resistance.

Nice to see the faces of your team! :)

I know, I have been (and still am) impatient and sometimes criticizing, but at the same time I think you have done a really good job during the last weeks and months! Keep up the good work and keep communicating!

Concisely and nicely written @?...? (maybe andarchy ...) / @steemitblog. Just celebrated my 1st anniversary on the Steem blockchain. Given the last 6 months and the uncertainty associated with it, was encouraged to read this:

"... we feel that Steemit Inc. is well-positioned to transition from “survive mode” to “thrive mode.”

Looking forward to seeing how this "plays out" in the next 6 months. Thanks for keeping us informed! 👍

got it.big step for starting.

Thank you for actually naming the team, and hiring them from within community. I bitch when steemit does wrong but will also say "good job" when they do right.
Still hoping for open accounting of Steemit's finances, the numbers. Other projects its not hidden, the devs take 10 percent or whatever of the pool, Steemit no one knows how much they are taking in, how many accounts. I hope things change post Ned.



Looking forward to the next link in the Steemchain!

To the moon we go!
It was about time.

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Awesome news .
Can’t wait to see what you guys have in store for the future!
Have an awesome day !

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Congratulations on the move from Beta!!!

I prefer tactically challenged over moron, but thats just my preference. 😃

So are you fucked off that I called you a moron and can you post pictures?

Fuck yeah thrive mode!

Cry for attention much? Fucking noob. XD

You should flag all my comments - or maybe you should just make all 25 of them disappear from the post entirely (no censorship on Steemit) - yes you have confirmed my hypothesis - this platform is totally fucked and beyond help - glad I cashed out - have fun sucking each others dicks

Great news! I'm so glad to read about it. We needed this kind of publication.

Thanks for letting us know. Greetings from Holland.

Thanks for the update so pleased to hear this positive news, it 's time for steemit to grow up and move forward and from what I am seeing there is plenty of room to develop applications that can integrate with blog websites .

leave beta ?

you mean become like a real thing !!

Go Steemit.. Go Steemit >>>

The future will be great!

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Guys i trust you will do the work as you have alreading been doing. Getting to love steem again with all these new developments. Hope to see more of this trend

I take it that this means that Steemit will be run more like a business now and not used as the status symbol like it was before. Hopefully Ned's visions are limited to occasional ideas and the new team can finally get this ship on the water.