When I joined steem all I heard is that steem is proof of brain. But, recently I'm hearing again and again that's also a proof of stake.
I understand the value of proof of bain in steem. I understand the value of proof of work in bitcoin. I understand the value of proof of concept in ethereum. But, the thing I don't undertand is what's the value in proof of stake.
I know that the proof of stake is ''The more money you have invested in cryptocurrency, the more return you earn''. But, is there a value in that. Ok, it's maybe valuable to those investors who already have a lot of money to earn more. But, what's the value of that for regular people. I would like to say in this case regular steemians.
We are kind of moving from centralized world where we already have money talks. Are we joining the decentralized world to see the same. Can only one concept counts and dominates or all those concepts have a place to be ?
I really want to know from you guys. Maybe there is a hidden value that I don't see.
Can you tell please ?
I shared all my ideas in the video.
Enjoy watching.
You can follow me in all these social media and let me know in the comments, how can I find you to follow :
Facebook group , Twitter, Quora, Reddit, Youtube, Instagram, TikTok , Medium, lbry
I'm promoting steem in all of them. Let's connect there and promote it together !
I'm also the founder of @dcooperation , the community where we collaborate. You're welcome to join us in our discrod server.
Here is the community in beta.steemit, you can subscribe and post in it : https://beta.steemit.com/trending/hive-177976 . We are giving autoupvotes for that !
Check here what else I do to promote steem : The efforts I do to promote steem !
▶️ DTube
▶️ IPFS
The value in DPOS is that it allows fast transaction because there are a limited number of witnesses.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We had fast transactions even with the proof of brain. It's steem working like this. I'm asking about the value in ''have more money to make more money.'' How fast transactions and limited numbers of witnesses is related with POS, I don't see any relation !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You bring up something very interesting.
Putting the emphasis on proof of stake does not appear to be steering us in a good direction.
I also see a lot of talk about the quality of post and increasing the quality being the most important thing.
It appears that the main motivator is to attract investors and attract talented content creators.
The two questions that come to my mind are,
How can we attract high quality content creators
How do we increase the amount of active users to provide the votes to make it worth their time.
IMHO retaining users must be the priority. Achieving that comes down to three things.
The quality of connection people form with others.
The ability to accumulate Steem.
The ability act on the platform as dictated by Recourse Credits.
If we take care of those things the user base will grow. In turn that will provide the numbers to support High Quality Content Creators. When people see this place as thriving, those with spare cash will invest in Steem, and they will be the kind of investors we need the most as opposed to the predatory kind of investor.
ether positive or negative feedback is welcomed
If someone can let me know where I can find statistics regarding active users that would also be greatly appreciated.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think we should be open for everyone as we were always. Talking about the quality is not the same for everyone. Everyone has his standarts of quality. The most important is to keep fighting spam and plagiarism and to keep inviting people. We need mass adoption in this thing, but not only tge elite. We have to repeat the success of facebook, but in a desentralized way. That's what I think we need. When we will have enough active steemians no matter how steem power they will have. Bug investors will automatically come. They need good traffic to invest it. Traffic is money in the web.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You can check @penguinpablo by the way for statistics regarding active users .
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thank you
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
POS - acronym says it all
Proof of stake is just sugar coating the reality that only money talks!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
There are usecases in POS Systems. We need to explain each other. Sometimes it gets hard to understand, because of misunderstanding and greed. Blockchain is about working together in Values. Good Luck
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I don't think that's hard to understand. Just money was and it will always dominate. I thought crypto will change the world in that term, but it seems that now every crypto is moving to POS now. Maybe because of monetary institutions entred the game !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit