Why are developers from other block chains moving here? For the blockchain or people who use the blockchain?
Feeless transactions
Just remember what you said:
P.s I might have stopped reading at the 5-6 paragraph. Short attention span.
Why are developers from other block chains moving here? For the blockchain or people who use the blockchain?
Feeless transactions
Just remember what you said:
P.s I might have stopped reading at the 5-6 paragraph. Short attention span.
Feeless transaction is one of them. The community is also one of the major reasons. We have one of the most active blockchains and if you want to rule that out and say just feeless transaction, then well you can do that. It is, in essence, just an opinion.
That's because i skimmed through. Most of it talked about price and buying steem/building stake (this is not the first time I'm hearing this and i bet it won't be the last either) which still for me, is a narrow way of building on steem and on any block chain. Yes for those who plan to be wealthy and have a lot of control here that is the route (for now). The funny thing this is a decentralised blockchain. Control is the least thing anyone should be gaming for. My prediction is that in the nearest future when or if steem thrives the control line would be blurred and unimportant to the end users, like what is obtainable in centralised platforms today. I don't know the people behind Twitter. I only know Mark because he was a billionaire who created Facebook. All the politicking that we see happening on our timeline would mostly be hidden. And quite frankly I don't want to part of those people saddled with the responsible of determining what and how things happen on the basic level (because of the millions of people who would be using the blockchain will not care about stake or steem. They would simply want to use steem to game, pay for stuff, etc) and it will be a lofty dream because most whales and steemit inc are already in the race. What most of us can do is just play checkup. More wealthy individuals (the investors we clamour for)will come in and buy twice the stake you and i earned/bought in 20years. Banking on relationships we've built here won't help either because money determines everything in the financial world. So it is a futile pursuit. That's why i feel our goals are different. I may never buy steem but i certainly will earn enough to become a dolphin or orca in 5-years. Why? Because of social mining. It is the future. Big players will buy, small players will earn. Are you a big player? Are willing to buy 20 million steem if it was on the table now? Wealthy people or people of influence don't stake their way to the top. They buy it all. Google can buy all the available steem and have major control over this blockchain. Steem is decentralised but stake based and easy to infrutiate. A tech giant like Google can buy steemit inc--the only company saddled with the responsibility of creating codes for the blockchain, vote their witnesses to the top 20 and the rest is history.
Certainly you will be rich if you continue to build your stake and things goes well for steem but having influence and control would be so much harder in the future.
A decentralised blockchain of centralised companies--thats the future of steem. My prediction. I know that undermines your vision of the role of stakeholders in the future of steem. They will play their part but it is not their game to play well except they are willing to buy +20million steem but how possible is that for an individual when steem might be in double or triple figures when the inflation is close to zero?
Lol, how so? those businesses will be centralized in their experience and through their SMT while the blockchain they interact on is pinned by investors, pinned by people like me. It is exactly what I envisage and have been saying for 2 years now.
An individual won't be buying Steem, they will be on applications. Haven't you been reading? Perhaps stop skimming.
These were the paragraphs i was addressing:
The areas I touched in my first reply where not focused on the major point of the article. So we went off topic and back again.
So back to what you were saying (i think we have a similar vision of what steem would be like in the future). About price, and people's attitude towards it. Like you said and i also believe that the price of steem doesn't reflect the development happening here. The price of steem hasn't fallen or risen significantly in the last 4-5months. It has been between $.30-$.50. I hope it remains this way for a year or two. For most people who have spent money buying steem, their expectations might be different as most people buy for speculative reasons and not necessarily to add value to the chain. They are not investors/longterm players, they are speculators/short term players (well both might mean the same thing). So i understand their frustration. Just putting things into perceptive. We all came here for different reasons. Primary to make money but via different means.
I complaining too and that's not necessary a bad thing. If we all where optimistic about steem and ignored its faults we probably would not make any meaningful change. You can complain and provide solutions--that is resourceful. Although I'm not complaining about price but development wise i think we need to up our game. Not just creating codes and dapps but communities. For someone who came here with no idea about crypto or money to buy steem, they played an important role. Many newbies face this same challenge. For a blockchain like ours 7k daily active users is poor. If we can double that in six months maybe i would be optimistic once again. But with the EIP i don't think we are heading in the right direction.
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The communities are develeoped around the Dapps and the Dapps are developed around the code. See the issue? The communities you mention being part of were like the discord communties that surround some kind of topic genre but, don't actually have an application to peg themselves to. They don't have an application because no one built one because that requires skills and resources many of the communities don't possess. Those with the skills and resources to build the apllications that become homes for communities, care about the code.