RE: More than half of all STEEM that will exist in 30 years has already been created

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More than half of all STEEM that will exist in 30 years has already been created

in steemtalk •  last year 

Hello @remlaps-lite you are very knowledgeable about the steem blockchain . I feel many including myself are concerned about the TRX distribution . Could you please look into this and make a post about the TRX distribution .

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Unfortunately, I don't think I have access to any information about the status of the TRX distribution. Sorry.

Thanks for the reply @remlaps-lite . who would have this info ?

You're welcome. As far as I know, only people from Steemit or Tron would have this information. I'm not aware of any way for the general public to see anything other than the wallet addresses that have been used for distributions in the past.

Just saw this in the latest post by @steemitblog, Steemit Update [ November 7th, 2023 ] : The Steemit Awards 2023

Because of the current crypto market conditions it has been decided to pause TRX rewards.

This pause will allow Steem / Tron to thoroughly analyze the program’s impact and explore innovative approaches that will provide greater value to our users in the future.

During this pause, we encourage users to continue engaging with our platform and exploring all the features and opportunities it offers.

Thanks for the info @remlaps-lite .

I fail to see how
...

"This pause will allow Steem / Tron to thoroughly analyze the program’s impact and explore innovative approaches that will provide greater value to our users in the future." <

...
If this would help provide greater value to our users then would it not also be wise to pause steem rewards as well .
WOW talk a about a ridiculous statement . This kind of thinking makes me question the future of this platform.

Just to be clear, I'm not an insider, and I have no input into Steemit's decision-making. I was just passing along the remark since it was relevant to our conversation.

That said, I get your point. I always figured that the TRX rewards had to run out eventually, so it doesn't bother me that they're paused (or probably, "terminated", is my guess). But... it would definitely have been better to announce the pause before implementing it and to take down the various indicators on the web site that are still suggesting that TRX rewards will be paid, even today (i.e. the TRX integration announcement, the TRX payout listed when you mouseover the price, and the TRX amounts in the "claim rewards" space of the wallet.)

This kind of thinking makes me question the future of this platform.

I think the platform is going to be fine, but we need to look for growth from the rest of the ecosystem, too. In the past, I have worried more about the absence of leadership outside of Steemit than about Steemit's decisions that I might, or might not, agree with (and might or might not fully understand). Fortunately, I think that other leadership has slowly been emerging in the last year or two. Being patient is hard, but I still think things are trending in the right direction.

Thank you for the informative reply @remlaps-lite .