Great but it is the 5m and then100m mark that will be exciting. And if steemit doesn't start offering clear investment information about interest rate and what people get for voting etc then another social site with financial upvoting will over- take steemit. I can't believe reddit doesn't have something like this under development. The difficulty of getting up to date information from the site itself is appalling. I like steemit so I want it to fix this. But in the meantime Ive started powering down as the lack of correct factual information on the site makes it hard for me to trust the founders and when I describe the misinformation to friends outside the crypto space they all say it just seems very fishy and to get out before I'm left looking like a fool. Jerry if you actually read this perhaps you can bring this and my longer post https://steemit.com/steemit/@katythompson/to-the-founders-ned-and-others-quick-wins-to-make-steemit-less-complicated-for-newcomers about the same topic to the founders' attention.
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There is a rebranding in the works, I'm sure all of that information will be part of it.
Well I jolly well hope it does - there needs to be a tab that says in black and white what investors who steem up get, under what circumstances and what people with no steem power get under what circumstances. And if the rules change it needs to be clear what they changed from and to and on what date the change came into effect. If the changes alter the financial attractiveness of investing they should not take effect for 12 weeks which is the time it would take someone to entirely power down if they don't like the changes.
Sure, we should just have the SEC regulate it. Careful what you wish for..
Do you think this is why STEEMIT has been in beta all along ??
Where can we get more infos about that rebranding?
In the Steemit 2017 roadmap on page 12, you will see information on the re-branding of Steemit. The main reason is to differentiate the Steemit blockchain, Steemit company and the steemit website. Here is the link :) https://steem.io/2017roadmap.pdf
Thank you for the link, I will check it out. :)
You're welcome :)
The principal! He will give me TP! I would hate for my bungholio to get polio....Where I come from, we have no bunghole.
Steem is the blockchain, STEEM is the token, Steemit is the website and Steemit Inc is the company. Why rebrand?
To segregate the business functions. Although they have something to do with each other, all users will not be "savvy" enough to realise the difference in their purposes.
now you have some truly valid points.
it'd be good to have more information on the exact interest rate and more info easily for the people.
didn't know about the rebrand coming as well. any news of when it will happen @adept?
that was spot on katy, i noticed you don't have a profile picture. would you like help making one?
Thanks - its on my to do list. I think I know how but if I get stuck I'll come to you for help.
Keep in mind that SteemIt is a frontend website for interacting with Steem. If you think SteemIt is not delivering a valuable product or needs to be improved, it is very well advised to start your own frontend website for interacting with the blockchain.
Or, the code for Steem and SteemIt, as well as the website code, are open source and available at https://github.com/steemit for anyone to make issues or feature requests.
We want the backend (Steem) to be functional moreso than a frontend website. I think in order to get the best of both worlds, we shouldn't rely on the Steem devs to make the best frontend website possible.
As for the calculations, again that is all available from public data either in the Whitepaper, the source code, or on the blockchain. If you have ideas for clever ways to display this to users, even things such as a sketch or drawing of a website, then please do share. I am always looking for ideas to program, but people first have to speak up and explain what needs to be done.
As for your comment about Reddit or another competitor "just adding a blockchain voting system" that would be interesting to see. And competition is not a bad thing.
Steemit is an end user facing service and people are being invited to invest in it by putting steem in and converting to steem power. As such it should have an excellent front end and the terms on which people are being asked to invest should be accurate, transparent and easy to find.
@ned
I think we have an opinion here, that is from the heart, unadulterated and pretty much what IT IS...
People are invited to invest in the actual product and technology, Steem and Steemd. Not SteemIt which is really a proof of concept frontend implementation as I said.
The Steem Dev team have already said before that they expect the community to make the best frontend for Steemd (the actual tech that provides a product that consumers utilize)
In my opinion, investments to SteemIt.inc are more wisely used on the development of Steemd, not the website that they don't even really have intentions on maintaining.
I do agree that the white paper should be updated to match current values and the state of the network.
Still, the SteemIt website is in a public repo. Go make feature suggestions because your ideas aren't bad. But expecting a small under resourced team to have the time and desire to implement the little things before the community really asks for them is silly.
Yeah, yeah, don't make excuses... please.
"no intention of maintaining", so please elaborate.. what is possible to say, further on this subject?
So many tools available outside of steemit; I would think it's very possible to purchase and integrate these features.
Not sure what you are quoting here but I am not making excuses for anyone. There are several great tools like you mention, but acquiring a company to implement their tech is far different than building your own team to spend time developing it from scratch.
I fully agree that SteemIt should be funding developers and acquiring projects to pull in house.
I do not agree that SteemIt should be expected to be the end all be all for the frontend offerings. That gives one company way too much power over a decentralized system. As of right now, most people think Steem and SteemIt are one and the same.
It's now great time to buy extra STEEM :)