Steem has become more than a "proof of concept" and at the same time it has become quite frustrating to rely on Steemit Inc. (furtheron called STINC) to get something/anything done (at least noone really knows about it)
Sic tacuisses, philosophus mansisses...
I really hope this is not true for the STINC philosophy
Imho it was a good move to separate the STEEM blockchain from the private and NOT decentralized part STINC. Still and probably for a very long time STINC will be seen by "the masses" as the "same thing" as the blockchain and/or the currency. Personally I remain a STEEMIAN and not a STINCIAN. So let's clear up some things, and please correct me in the comments if I am wrong...
Some history
(skip that if you have been here long enough)
Steem is the blockchain whereon everything happens. This blockchain was created and developed as a consequence of Bitshares. As I understand it, @dan was the brain and @ned was the face. Not telling that Dan has no face nor that Ned has no brain. But Neds selfclaimed knowledge lies in economics and in psychology, while Dan is the programmer and code wizard. Across came several others from the Bitshares guys and several good people from outside. STINC became (or has been from the start) the PRIVATE enterprise that put much effort into the development of the Steem blockchain and at the same time its biggest shareholder. As we know @blocktrades was one of the biggest supporters from the beginning, investing, advising and even giving a room to the fresh founded STINC in his basement.
All in all it sounds like a success story similar to Microsofts way from the garage to the Top of the World. At least we find so much brainpower involved here as we see rarely elsewhere.
Let’s have a look at some facts:
The Steem Blockchain is probably the fastest and most reliable one out there at the moment. While the big players like Bitcoin and Ethereum are struggeling to keep up with the transactions (ETH at almost 70% of its capacity and BTC way beyond the 100%) the Steem blockchain easily masters 8 times more daily transactions while only using 0.12% of its capacity.
thx and credits to @overkillcoin
Today the STEEM marketcap is placed above a billion dollars, which is simply amazing.
If we have a further look at all the great projects out there we get a glimpse of what will be possible in future. At steemtools.com you can get an impression how much is really going on. Still there is much more going on. With Steempunks we have the first blockchain based MMORPG, with @steembay we have one of the first markets where you don’t need to change your SBD into Fiat Money to get real goods (sorry for the self advertisement). There is an ever growing musician, photographer and art scene and I never… NEVER have seen such a diverse and interesting community. This is one of the reasons we now can look at THIS (which is simply GREAT):
Between all these projects, the steemit.com frontend becomes more and more insignificant. Some frontends are much better suited for a daily use than steemit.com, which is really a pitty. A single guy ( @armandocat ) fixed a lot of the issues I had, with his browser extension. I can fully recommend his Steemit More Extension for Chrome and Firefox. Also the steemify app by the @blockbrothers ( @exyle and his bro) is a great tool, that I use on a daily basis. Well… utopian sndbox, dsound, dtube dmania and more. There would be a lot more to mention, but there is not a lot of stuff by STINC. Well… SMT can still be a thing AND STINC is supporting some of the above mentioned projects with large delegations.
BUT
(this is the important part)
STINC still is by far the biggest shareholder on STEEM with more than 70 million Steem. With the blink of an eye (or the push of a button) STINC can put the whole thing into desaster or bring it to never imagined heights. But somehow STINC and the "more exposed people" around it went silent…
As we know since the spiderman movies:
for those who don't know, the little funny guy on the right is Voltaire, even if it is not sure that he ever said it...
If you look at @ned s profile… well not even a Xmas wish, or a “Happy New Year” to “his” community. Only a discussion with dan, that does not help much and clarifies nothing.
At @sneak s profile the last thing you can read is his suggestion to a user to “DIAF” and to make clear that he is in fact NOT the “CTO” of STINC, I will not repeat that drama.
Installed for “communication” (probably) is the @steemitblog … but SILENCE since more than 2 weeks now and before that only some minor communication (HF20 ... a minor thing imho)
No recap of the 2017 Roadmap, no reframing of it, no new deadlines, no reports about the plans / efforts / achievements , no word about the actual power down, no communication about issues such as selfvoting, rewardpoolrape, flagwars, hygiene, quality, user retention, subscribing delays.
I still hope there are good reasons and I understand that a lot of the "behind the scenes" stuff will only lead into useless debates with people not having a clue what they are talking about.
My wishes for 2018:
I would wish for a New Years resolution by STINC to communicate more. If I were @ned, I’d do it myself. As an alternative I’d pay a person to give a weekly update on the efforts made, the timelines shifted, the reasons things are done or not done. I strongly believe this would enormously strengthen the trust of actual and future buyers of Steem / SBD and it would diminish a lot of suspicion and conspiracy theories. Even from the psychological point of view this is a very desirable effect. And as @ned retweeted on Twitter:
THEN this statement could become true:
TL & DR
Communication is key to almost anything, please STINC, act accordingly! Silence may be golden, but in crypto and especially in Social Media, this is just not true!
A little communication will do wonders for the Steem price, I think!
You forgot @zurvanic ...
What ever happened to him ?
Wonderful and straight to the point! Communication is key - especially since STEEM is the OS for the next social web! I really don´t know what´s going on and why everyone keeps quite - it makes no sense to me. Thanks for this shout out!
Ob da vielleicht jemand von dem Leitsatz
"Reden ist Silber, Schweigen ist Gold"
mehr Gebrauch macht als gut ist???
;-)
Die Kommunikation nach außen sollten die Macher nun wirklich nicht vernachlässigen.
Die Stille von Oben hat mich bisher davon abgehalten hier "von außen" zu investieren... Wäre auch ein Wunsch für 2018... und dann gäbe es Grund (alle Worte wörtlich nehmen) hier stärker einzusteigen... Danke für deinen Post zu diesem Thema.... auch wenn es für die ganz frischen newbees etwas verwirrend sein mag. Grüße ich und deine Lieben ganz herzlich aus den Sieben Bergen und wünsche dir und euch ein wundervolles Wochenende (p.s. vielleicht lesen wir uns ja später heute Abend bei @double-u)
fair points there Pobi-wan. Silence is not golden right now. We need a guiding light! .....wait, light isn't noise...Ive got my metaphors mixed...
yeah i think so that they should be given more emphasis to their communication. They need to kill ego at least since grow their community . @pollux.one
Well Steemit has already started achieving some goals with the start of this year 2018. For example, it's now in top 500 websites in the US. STEEM and SBD prices are now 5,6,7 or 8 times higher than a couple of months ago. More and more people are joining Steemit everyday and it's still in beta. I fully agree with you @polux.one that Steemit need more promotion than what it's getting because an internet user is all the times bombarded with too much info most of which is unwanted and he spends time on something that grabs his/her attention. We need to be that attention grabbing ad/content. To be honest with you, I myself joined Steemit through a similar ad by a Steemian. Excellent post.
By the way, do you really mean it? :)
Steem On!
i am impressed and inspire from spiderman movie, with great power comes with great responsibility, now its stinc turn!
I couldn’t agree more. Earlier this week I posted an article with kind of the same topic. The main account has been powering down big time without any form of communication. So far for transparency... It’s not that hard nor time consuming to send out a message like ‘we’re too busy, and we can’t tell you what’s going on yet, but we’re working on something’. Anything would be better than the complete silence there is now. If this lack of communication won’t change soon, I think trust is going to become an issue. And if the trust is gone... well, we might just as well turn to Facebook again (just kidding about the Facebook part, but being serious about the importance of transparency and trust)
Very detailed one there. Making so many senses :)
I just wish there vould be more privacy.
With the growing need for privacy, Steem is not exactly private when it comes to transactions. You can clearly see which account is sending and receiving funds. Even though an anonymous user could create an account anonymously, in order to turn STEEM/SBD into cash or trade it for another alt-coin, a user would most likely send it to an exchange where most of them go by Know Your Customer(KYC) and Anti-Money Laundering(AML) policies that can reveal a person's identity and what they are using their crypto-currencies for.
The thing is that some things should be given serious attention to.
I have my own wishes too my friend @pollux.one.
I wish there would be simplified key management system.
There is a bit of a learning curve to Steem and I see on a regular basis that users that aren't tech savvy or new to crypto in general, have difficulty managing their keys for Steem. Users lose their keys, make the mistake of copy and pasting it in the wrong place, and accounts get hacked.
I know this one can be a tough one to tackle since I am aware that Steemit, inc. wants maintain the platform as decentralized and only users need to have their keys. If there can be a more simple solution for key management, think it would make it for a more enjoyable user experience along with the onboard of more new users.
I agree with you on STINC. We need more info. Wondeful post indeed
One of the things i will want improvement on is
Improved Notification System
Majority of us know that the notification system needs some work. This was supposed to be worked on but from what I heard it was pushed back for things of higher priority. The improved notification is supposed to be coming but I am not sure when and my hopes are that it's going to be a part of the 2018 roadmap.
From what I know, the improved notification system will have email and SMS text notifications for things like if your password has been changed. That kind of stuff is important and would be great to have as soon as possible.
Another one is the Ability to Purchase Recharge of Voting Power.
With having the ability to purchase a recharge of voting power, this would allow more rewards to be distributed. This may drain the reward pool if we just burn the STEEM/SBD but not if the funds used to purchase the recharge goes back into the reward pool. In order to recharge to 100% vote power, a user would need to pay the amount equivalent to the value of the amount that a user distributed from the reward pool. So if a user drained their vote power and distributed $100 from the reward pool, they would need to pay $100 to have a full recharge. Users won't have to wait for their vote power to recharge if they are willing to pay for it.
70 million Steem they could take the market by storm in just one piece shot
they could manipulate the whole steem ecosystem with the power they have
I dont really know much about crypto, but this is what i know.
I've been here for almost 2 months and dug in the trenches... and with all the talk about Cryptocurrencies and Bitcoins behind the scenes; especially how blockchain is going to change how we do things in the future... I received a vision. 😳🔮
STEEM Will Be back to $10 By February I'm Just Going To Manifest It 😂🤣
Am I just "CRAZY" 😝? Maybe I am... but you know what, my instincts hardly ever failed me in my life so I'm just going to go with that.
Who needs "Charts" and "Technical Analysis" if you got that "GUT Feeling" that only comes to you in rare occasions. LOL
Steemit is introducing Smart Media Tokens soon. What’s that? Think of Steem becoming a network like Ethereum and allowing anyone to create their own tokens. All of these tokens will be based on the Steem blockchain!
Great one @pollux.one
Everyday i learn any new thing on steemit, today i learnt about Stinc and it's rise and fall but this was not in my knowledge at all
I do agree that communication is the key to success especially on social Media :)
Thank you so much for this worth reading Article and Indeed a very informative Article :)
Lets see what the crypto World do with Stinc's Behaviour in future :)
@dan and @ned both are above the standard and i was aware of @ned but @dan is quite new for me. I am going to check his work :)
Stay Blessed, Steem On!
It is really good the way you are giving a good message to the world. I love this your post sir @pollux.one
upvoted
Yes we need to have more information about developers and to improve the knowledge about our platforms but definitely steem will grow big this year. Regards
STINC hold 70 million steem ..... whao.. i don't know that..and you are right they are not good at communication....."great power comes great responsibility" ..why they don't use this power to stop flag war between the whales.
I agree. Crypto si heavily influenced by news and social media. I would love to read weakly or monthly reports about the steemit/steem. And i am sure that i wouldn't be the only one.
This was once again clarifying my friend.
that quote is just so true. I don't want to see that truth ever disappear from the surface of the earth, just because the founders don't take enough care for there beautiful baby.
To me as just a month old user, I just cant get enough of that insight from more aged simians. (the history part)
To me it's shocking to see the neglect on the most powerful people's accounts. Do we have any idea why there was not recap of last years roadmap for instance? It sure makes one doubt about the belief of the founders in Steemit.
Well that is just what my fresh brain makes of this.
t.
well the information that you had given to us is rally unknown to me, a single person with such tremendous power, i believe that these people do positive work for our steemit community.
and said very right "great power came with great responsibility"
A little communication will do wonders for the Steem price, I think!
well the information that you had given to us is rally unknown to me, a single person with such tremendous power, i believe that these people do positive work for our steemit community.
and said very right "great power came with great responsibility"
Honestly speaking dearest @pollux.one I 1st time heard this word STINC but while reading all the words of your blog I came to know that:
You want the leading end people MORE ACTIVE. Hidden things, or Silence can create ambiguities in the mind of several people:
Things Are Not Clread
So I'm totally agreed with you and can feel the pain of yours. Same feelings are mins now. But still I'm in hope that finally everything would be fine. All the best & Stay Blessed!
silence has nothing to do hear sometime replies do matter especially in this case
Steem is way faster than anything else right now no 1 in stats but your post is concerning too :)
this post is cool, but I wait for more business about Steem for safe of the plataform
Lots of information which is unknown to newbies like me ... what a pity!
that's the only people why some people still fear to invest heavily in steem
nice post on steemit it is a great platfrom.
It is decent the way you are giving a decent message to the world. I adore this your post sir @pollux.one
well the data that you had given to us is rally obscure to me, a solitary individual with such enormous power, I trust that these individuals do positive work for our steemit group.
what's more, said right "extraordinary power accompanied awesome obligation
Your wallet is ammazing boss
I agree about this writing & this is very informative for all of us thank you.
Great and valuable information sir.
Nice post @pollux.one !
Truly,brilliant.
Thanks for sharing this post.😊 💙
Upvoted + Resteemed your post.
You are giving a very good message to all.
If we all work together we will definitely success.
Unity is the main power.
Thank you so much @pollux.one for sharing this post. ☺
Upvoted & Resteemed your post.
This is so great! You got the great point here......
it is so good and preety too... you add some beautiful photography... i waiting for your next post...
always love to visit your post and Commented for your fair and supportive work.
upvoted // resteem
thats like a good post..i like this post..
thanks for sharing sir..
god bless you..
nice post...thank u..
now here are some bomb stats you have given Sir. 2018 is gonna be a GO year for steemit. I really enjoyed reading it.
lmao @nor that NED has no brains hahahaha
For a social media company they have astonishing little social media competence
good one @pollux.one - thank you!
wow good information in steemit i likt it thanks for shearing
This community will go somewhere for good by your very important and informative details for sure. Thank you for letting us know these deep details.
steem has a huge potentiel is the only crypto has a real value i think it will be in the top 10 very soon:)
Such A WONDERFUL POST :) :):):)
Thanks for sharing with us :)