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RE: Narrative (NRVE) new Steemit competitor

in #cryptocurrency7 years ago (edited)

I think Narrative can have more than just a fighting chance, if Steemit doesn't improve the current reward pool structure.

Right now a relatively small group has the majority of SteemPower and new Steemians have a mountain to climb when they start. Narrative won't have that problem and that may cause a massive plankton migration.

That would be bad news for the whales.

So I hope that the Steemit 1% recognizes this and acts accordingly.

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Agree with you. Main problem of Steemit is involving new users easier. Even if you write great posts as new user, it is very hard that anybody will see that and this will discourage new users. Developers should change something about that...

I think it is the biggest challange that Steemits faces. I am preparing a blog post on this which I am going to post later on @weddingdresses. I hope the developers see this as an incentive to adress these issues pronto. Everybody who is on Steemit now is an early adaptor.

Let's not give away that head start and let's not stick our heads in the sand by ignoring Narrative and other such platforms that may appear;-)

Yes this is good. Don't ignore possible competitors.

Thank you for the update. I can't begin to say how much I appreciate seeing, and how much I would urge you to continue, being transparent with the community like you are in this post. It's such a unique experience, for everyone, to be the co-owners and co-creators of a community project liek STEEM. We all want it to be the best that it can be and we are all incentivized to contribute where we can. So please keep on giving people the feeling that they are on your team and with you on this crazy ride in this new blue ocean we call

Thanks 😁

No thank you :)
Am gonna follow you and can't wait to see what you gonna post next.

Please tell me where you can publish a new blog or just content and be successful from thr beginning. Of course you need to climb a mountain first and it will geteasier over time. You can not just expect to be famous with your first post, even if it would bethe best blogpost ever written.

Waht would Steemit really help is actually confirming new registrations. I know quite a lot of people who are waiting already 2 weeks or so.

I've wondered about people complaining about how hard it is to get new posts seen as a newbie myself, and for the reason you state. On any blog you expect it to be crickets except for however much you promote your post by linking to it in other places or paying to "boost" it.

I think the thing with Steemit that makes people have a different expectation (so be disappointed) is that this is a mashup between a blog and social media. On your own website, you know no one is seeing your article if you don't drive them there to see it. But on Facebook, for example, you only joined because you had friends on there. So there was a ready made audience and the FB algorithm intentionally showed your posts to new friends a lot for quite some time.

Here on Steemit there is the expectation of an experience like FB because it is on a platform, not one's own website. But there is no algorithm here sending people to you! And for most of us there isn't a friend/family network already here to "introduce us around." Friends of friends aren't suggested for us to follow. In general, it's a lot like having a blog on your own website, even though it's hosted on a platform. We should feel grateful we have the chance to have articles seen at all before we have collected followers.

Exactly. Steemit isn't just fot everyoen but for people who actually wanna blog. For these people(us) it is rather easy to find readers tho. :)

We will se how Narrative will work. Now we can just guess acording to whitepaper...

Thank u for sharing!

Good post !

Keep it up!!!

@cryptoinvestinfo

It's an exponential function too, because as the site scales up, discovery tanks. Inverse exponential functions like that are never a good thing.

Can someone give me a quick summary of the difference between the reward pool structure. The images are not showing up for some reason.

Go to whitepaper link. There you can see reward structure.

But if you think Steemit gives the power to everyone to choose who you want to vote or not, it is possible for newcomers like me to just take a look at the 'new' stream and vote the post of other newcomers like me. We are not forced to vote the 'bigges ones in the pool'. The power is in our hands, and the newcomers are the majority ;)

Exactly hit nail on the mofo head

Well Said. I have a lot of faith on the Steemit project because this is an absolutely amazing idea, with that being said, we still have the problem of the whales. While I do not think that is bad at all to be a whale, I think the way the system is designed discourages newcomers like me from curating content.

Why would I want to upvote anything with my limited resources if other people are not doing it? So in a way, it kind of forces you to either:

  1. Follow the whales and upvote whatever they post and you will get curation rewards.

  2. Use something like Steemauto to help you.

  3. Suck it up, and produce great content for long periods of time while having enough patience of dealing with whales whose posts never leave the top hot/trending spots because their sheer power.

I feel that's how it always works in (any) blockchain. Its kind of unreal, given the overall stance most people take for entering crypto int he first place. Bitcoin = 0.6% of users control ~85% of the coins. https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

Exactly I agree, too complicated to understand and to join high le