Good morning great steam alliance community, with the way technology is changing fast so is the social media

I was curious to carry out a survey or research on 3 decentralized/Blockchain based Social media available.

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INTRODUCTION

In recent years, blockchain-based social media platforms have emerged as an exciting new way for people to connect, share content, and earn cryptocurrency rewards. Among these platforms, Steemit has gained significant popularity and recognition for its unique approach to incentivizing user engagement and content creation. In this blog post, we will compare Steemit with other blockchain-based social media platforms and discuss its unique strengths and weaknesses.

Steemit:.

Steemit is a blockchain-based social media platform that rewards its users with cryptocurrency for creating and curating content. Steemit allows users to post and upvote content, which helps determine the amount of rewards they receive. The more upvotes a post receives, the more rewards the creator earns. Steemit also has a reputation system that rewards users for contributing positively to the platform.

Strengths:

One of the key strengths of Steemit is its robust reward system. According to SteemScan, the platform has distributed over $40 million in rewards to its users since its inception in 2016. This incentivizes users to create high-quality content and engage with the platform. Steemit also has a large and active user base, with over 1 million registered accounts and an average of 10,000 daily active users, according to SimilarWeb.

Weaknesses:

One weakness of Steemit is its steep learning curve. The platform can be difficult for new users to navigate, and its reward system can be confusing for those unfamiliar with cryptocurrency. Steemit also has faced criticism for its lack of content moderation, which has led to issues with spam and low-quality content.

Hive:.

Hive is a decentralized social media platform that was created as a fork of Steemit. Like Steemit, Hive allows users to earn cryptocurrency rewards for creating and curating content. Hive has a reputation system similar to Steemit, and also uses a proof-of-stake consensus mechanism to validate transactions on the platform.

Strengths:

One of the key strengths of Hive is its focus on decentralization. Unlike other social media platforms, Hive is not owned by a single company or entity. This means that users have more control over the platform and its governance. Hive also has a strong and engaged community, with over 1 million registered accounts and an average of 50,000 daily active users, according to SimilarWeb.

Weaknesses:

One weakness of Hive is its smaller user base compared to Steemit. While Hive has a strong and engaged community, it has not yet achieved the same level of popularity as Steemit. Hive also faces challenges with content moderation, which has led to issues with spam and low-quality content.

LBRY:.

LBRY is a blockchain-based social media platform that allows users to create, share, and discover content. Unlike Steemit and Hive, LBRY is not solely focused on rewarding users with cryptocurrency. Instead, LBRY allows users to earn cryptocurrency by contributing to the platform in various ways, such as by creating content or referring new users.

Strengths:

One of the key strengths of LBRY is its focus on content discovery. LBRY has a unique search algorithm that allows users to discover new and interesting content based on their interests. LBRY also has a strong focus on privacy and decentralization, which appeals to users who are concerned about data privacy and security.

Weaknesses:

One weakness of LBRY is its smaller user base compared to Steemit and Hive. While LBRY has a dedicated and active community, it has not yet achieved the same level of popularity as other blockchain-based social media platforms. LBRY also faces challenges with content moderation, which has led to issues with spam and low-quality content.

Conclusion:

In conclusion, blockchain-based social media platforms such as Steemit, Hive, and LBRY offer unique and innovative ways for users to connect, share content, and earn cryptocurrency rewards. Each platform has its own strengths and weaknesses, and it's important for users to consider these factors when deciding which platform to use.

Steemit's robust reward system and large user base make it a popular choice for those looking to earn cryptocurrency through content creation and curation. However, its steep learning curve and lack of content moderation can be a turnoff for some users.

Hive's focus on decentralization and engaged community make it an attractive alternative to Steemit. However, its smaller user base and content moderation challenges may limit its appeal to some users.

LBRY's unique search algorithm and emphasis on privacy and decentralization set it apart from other blockchain-based social media platforms. However, its smaller user base and content moderation challenges may also be a consideration for users.

Ultimately, the choice of which platform to use will depend on individual preferences and priorities. As the popularity of blockchain-based social media platforms continues to grow, it will be interesting to see how these platforms evolve and adapt to meet the needs of their users.

If you're interested in exploring blockchain-based social media platforms, I encourage you to check out Steemit, Hive, and LBRY to see which platform best aligns with your interests and priorities. Consider the strengths and weaknesses of each platform and how they align with your own goals for content creation and community engagement. By trying out different platforms and engaging with their communities, you can help shape the future of blockchain-based social media and contribute to a more decentralized and innovative online ecosystem.