After reading STEEM's information, I realized that it wanted to do centralization.
The difference between STEEM and the traditional social platform:
The biggest difference between STEEM and Facebook and WeChat is centralization, which is also the core function application of block chain.
Specifically, STEEM does not store any data in the database, but relies on rewards and encryption money to encourage people to publish articles on the STEEM platform, and to maintain the system. In other words, as long as you spend your time and energy on building STEEM, you can get rewards, whether you contribute to the article, the comments, or the other forms of construction.
I personally think that at least this logic is right, a core principle of block chain is that user data is no longer serving a specific company, using it, but returning the benefits of the data to the user.
For example, we are now using Taobao and Taobao to collect all of our data. The value of the data is the core value of Taobao, which is well understood, but we personally contribute to the data, but do we have the benefits of these data? As if not, the benefits brought by the data were all acquired by Taobao.
The centralization of block chains indirectly returns the value generated by user generated data to users. The more data you create, the greater the benefits you get. Let's think about the most primitive BTC.
Users build the ecology of bitcoin, we benefit from the process of building our ecology. We help users to transmit data and gain benefits from the process of transmission. It is the same logic.
With this in mind, it is not difficult for us to understand STEEM.
We publish articles on Facebook, and when the data is created by Facebook, Facebook does not reward us, and we can't participate in the ecological construction of Facebook. And STEEM, on the contrary, we publish articles in STEEM, in addition to the value of the article, and the value of the data. STEEM has a set of its own reward rules to reward the users who create the value of the data.
This content incentive mechanism has come to the ground at the moment
As for the rules and principles, the following will be said
This is the commercial value of STEEM
Technology realization:
The technology of STEEM is based on DPOS and graphene technology. Interested parties can check. I am not popular science here, because science popularization takes a lot of space. In a word, there is no problem at present, and the functions described above are the best ability of the block chain. The implementation of BTC proves that the current technology is better than the BTC era, for example, the exchange needs to shorten the time greatly, and do not need to dig mine and so on.
Principle of distribution:
STEEM designed a more complicated distribution principle and created 3 concepts:
Steem (STEEM), Steem Power (SP), Steem Dollars (SMD)
Steem (STEEM): the basic currency is suitable for short and frequent transactions. In other words, the currency you get in STEEM is generally STEEM, which is the most primitive currency we have obtained in STEEM.
Steem Power (SP): can be understood as a long held Steem, which means that in the short term, SP can not be converted into Steem, only after two years or more. That is to say, resources will be locked for two years
Steem can be converted to SP at any time, but SP takes two years to transform it into Steem.
Steem Dollars (SMD)
You can interpret this as equity, and in the future, a certain percentage can be converted to ownership.
Risk point:
In fact, the risk points of the block chain are easy to see. For the first time, the world's social Unicorn Facebook, WeChat, is booming, where is the competitive advantage of your block chain social media? Why do people give up the habit of forming a mature social platform and turn to Steem? Is it just a token?
It's hard to tell people at the moment
Secondly, because of the centralization of the social platform, it is clear that no one will review the published statements and articles, no matter which country, the content of the social platform is controlled, and the central platform can not be controlled, and the countries will be resistant to the platform.
Therefore, even if the technology achieves the function of centralization social platform, these two problems are difficult to solve in actual operation.
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