RE: STEEM Is Going To Go Insane!!! There Is A Major Supply Problem

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STEEM Is Going To Go Insane!!! There Is A Major Supply Problem

in busy •  6 years ago 

That's exactly the point. A premium blockchain with these high prices for simple transactions would need to show clearly that it deserves the "premium" tag. Why should dApp developers not prefer one of the other blockchains, that are as fast and cheaper to run their dApps on? This is not a selling point, but a big challenge. And in the meantime I think, that Steem is actually much less than Steemit. The Steemit dApp is at the moment the only working blockchain social media, while the Steem blockchain has many competitors, where SMTs are already a reality. Talk to real developers out there - most choose Tron or EOS for a reason - or many reasons (especially the tokenization that already works there).

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If Steemit Inc. is actually more more than Steem, that would be disappointing. From my layman's point of view last 12 moths they (Steemit Inc) only burned money, there is little user acquisition, while user experience is even going down - for example I see in created feed posts disappear after a week, there is a hole and then you can see some 3+ months old posts. Looks like a trivial bug, but shows how bad Steemit is.