You are viewing a single comment's thread from:

RE: Zuckerburg lost $5B TODAY......Chicharron's for Everyone!πŸ˜‚πŸ˜‚πŸ˜‚ Steemit/Crypto Winning.

in #steemit β€’ 7 years ago

All things aside, do you think Dtube can kick Youtube aside? (no pun intended).

The network effects are massive. Youtube crushed all because it's a massive undertaking that bleeds money. Blockchain throughput is slow and you would need sophisticated infrastructure, architecture, robust hardware design, obscene bandwidth, mind-blowing storage and countless database, To run all this you need a many top-notch... sysadmins, scalability software architects, feature developers, network engineers etc. As much as I love the thought of decentralization, centralization will provide the best experience and performance for video. To put all this into perspective, I believe Youtube was barely break even for Google 10 years after the purchased. I think 2016 was their first profitable year.

Sort: Β 

In the end I think blockchain dapps will crush everything. Dtube has a ways to go before it can even be mentioned in the same sentence as youtube. Dtube works, but it doesn't work as well as YouTube. I do think masses of people are gonna move to social media blockchain because the incentive is just too good. We will see the next big move when BTC breaks 20 and it's all over the news.

The incentive for content producers might be attractive to some, but for the average user who consumes content it’s all about the user experience. Generally speaking, content producers go to where the crowds are. Speaking as a new user the experience has a long way to go. I think steemit needs to think more about new user on-boarding and overall experience. @ned and team members should start new accounts starting at the default rep of (25) to better understand what the new user experience is like. This key any platform is new user growth and new daily active usage. Thanks for participating in this conversation.