RE: HF20 Update: Restoring Continuity

You are viewing a single comment's thread from:

HF20 Update: Restoring Continuity

in steem •  6 years ago 

It is odd that when I was in Sydney as a mentor for the EOS hackathon that Block One employees actually though I had interesting things to say and agreed with me one the issues of why STEEM has never thrived and isn't a good user experience.

There are the parties’ invisible, unmentioned incentives here. Much of crypto operates in fiefdoms and the resulting biases. Thanks for disclosing your status.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

There really aren't invisible incentives. Clear back in 2016 I was voicing my opinions on issues with the STEEM blockchain instead of just becoming a cookie cutter content mill like other content creators decided to make. EOS didn't exist then and I clearly knew the capabilities of this blockchain far exceeded Bitcoin, Ethereum, and other chains.

I was investing in EOS last summer way before ever having any chance to be a mentor at their hackathon series.

I have said that STEEM is #1 technologically and is ahead of EOS in a lot of ways. Why would I say that if I was 100% all about EOS?

Also why would I be directing people back to Steemit from Instagram if I was trying to act like STEEM is total trash? I don't even direct them back to my YouTube channel that has a decent following.

A month ago I made an effort to directly convince @jerrybanfield to allow me to take over his #35 Witness slot. Ultimately it didn't work out and evidently someone else saw my video and was able to strike a deal with him to take it over.


This is after I had been to the EOS hackathon and spoke with Block One employees. I still think that STEEM has a chance but unfortunately for me I'm not able to really focus on this chain.

I don't really know what to say other than I feel like there have been some missteps and it is ruled by very few.

Nothing in the crypto world has been able to do what the STEEM blockchain has accomplished in two years. I would like to see it take off and I will likely always keep a small investment in the platform.

I do wish everyone luck here. Ultimately I'm just a small investor and one of the 10% of people who actually didn't just leave the platform and stuck around trying to make it an environment that could progress the user base and the price of STEEM. A lot of us in that position feel our efforts are futile and have often wondered if we would have been better off never spending the time here.

@brianphobos - Welcome to TELOS http://testnet.telosfoundation.io/ and we need BPs...

TELOS will not be like EOS and STEEM which is ruled by Whales... We both tried EOS during launch but it was ruled by Whales who blocked all others.... TELSO is aiming to be a decentralized network with no whales (at least from start).... Just run a node in TELOS and contribute in it's development to make it de-centralized...

I'm aware of the TELOS project and support it. I'm interested in getting a BP team together for it. I'm going to have to dive into it more in the next couple of days because I'm currently on the road. Thanks!

Hello, Ok. It may go live on October 17... There was Go/No-Go vote last Friday and everyone decided that we are not yet 100% ready to go live:

Status: https://telosfoundation.io/launch

It is good time to run a BP Node right now in testnet as we need some more BPs who have some competence to mange nodes and you have some experience from EOS. It does demand lot of time to keep the nodes up-to-date and running...

List of BPs in Test Net: https://telosfoundation.io/launch

Instructions: http://testnet.telosfoundation.io/info

Wiki: https://github.com/Telos-Foundation/telos/wiki

Note: There is on boarding process and form to fill for new joiners. I can help you to get on-board....

By the way there is also reserved about 1 millio TLOS Tokens for The Community Rewards Program https://telosfoundation.io/rewards

I’m talking about all parties you mentioned in that paragraph. There are always invisible incentives.

If you want real feedback — my feedback would criticize your take on how witnesses and distribution are holding back the platform — and how they are different from other platforms. When I analyze your reference to one set of these things over the other, I see hypocritical analysis and comparisons. When I see hypocritical analyses, I look for incentives. There are always incentives.

Perhaps I'm just a jealous complainer. It is a plausible scenario. I was mining Monero in 2014 and was buying EOS in between $0.50 and $1 last summer / fall and still have all that EOS. With STEEM I have constantly got caught on the wrong side of it and always feel like I'm getting dumped on before I can power down. Haven't been able to gain major traction for the most part and while there are people who agree with my ideas on this chain they are typically people in the 1000 - 10,000 SP levels. So that doesn't end up going very far.

But If I'm a jealous complainer then what are the 85-90% of people who joined and left? Just quitters?

We appreciate your feedback and that you feel your voice isn't being heard here, I don't think Ned was saying anything to the contrary. I think you can appreciate the fact that we have been inundated with people telling us how we should do things differently since the very beginning. How we shouldn't use PoS or DPoS, how we should have smart contracts, etc. People often point to the initial "unfair distribution" and I think Ned's point comes down to the fact that they never point to another established chain that had a "fair" initial distribution. They are all fiefdoms but NONE enable anyone to join and begin earning that same stake simply by creating. It's not a perfect system, but we would love to be able to look at another system that was "better" so that we could learn from them. Unfortunately, as you say yourself, no one has been able to do what we've done, so we don't have many people to look at. We are open to positive changes for which there is a consensus, but it seems that most people just want us to listen to them and no one else. My point is really only that whatever the history of the formation of this ecosystem, it is responsible for both the negative AND the positive consequences. Those people who were most involved in the beginning, they're the ones who built a blockchain that was able to do what "nothing in the crypto world has been able to do."

If you believe in this chain we are eager to work with all who help build a consensus around the positive changes that need to happen. I don't believe we have ever done anything that indicates otherwise. At the same time, we have no problem with people looking at other projects, participating in them, and lending the insights they've gained from a project that is much farther along and mature than they are. It's not us-versus-them. We're all in this together trying to build a better future.

I would venture to say that something like EOS had a somewhat fair distribution because everyone had a year to cost average into a position. Also that has allowed us to have distributions in other projects such as Telos and many other projects as well.

I get it that everyone seems to have an opinion on what the platform needs. They just wanted it to become something that could succeed and wouldn't be MySpaced.

For the most part I'm not going to spend too much time expressing my ideas here because not much is going to change for the better.

More and more clones are going to come online and you have to ask yourself why there is more engagement on something like WEKU than there is on STEEM even when there isn't an exchange to cash out to with WEKU yet?

99 % of people's experience on STEEM is that they didn't have a chance. It is controlled primarily by basement dwelling whales who afraid to be in pictures or videos or anything so when everything is being dictated by shadow figures it is a very strange experience.