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RE: FYI: "Trending" algorithm is a product of Steemit INC

in SteemPeak • 5 years ago
  1. Steem was fairly decentralized besides the Steemit inc 21% stake.
  2. In absolute numbers maybe it's 1% of the 1 million accounts. But there is a vast number of dolphins and orcas on the chain that has much more stake than all the whales combined.
  3. Now without steemit inc it is pretty close to being a well decentralized system compared to any other decentralized system out there and especially compared to Steem.
  4. I do know that most of the steem problems are now hive problems. But with steemit inc gone, the community now has the responsibility and ability to fix them.
5 years ago in SteemPeak by
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     5 years ago 
    1. I have never seen Steem as a decentralized system. I have always enjoyed being on Steem, and I have always found the contradictions very comical! The Steem system very much mirrors the capitalistic model that it was supposed to challenge. It is quite funny!
    2. The best example of this is exactly the very fact that the vast majority of wealth is concentrated in the hands of less than 1% of the accounts. And even if there are Dolphins and Orcas who have a great deal of collective wealth, they did not do much to change what was really wrong with the system. It's a ladder - Minnows want to become Dolphins, Dolphins want to become Orcas and Orcas want to become Whales. This is the microcosm of the capitalistic macrocosm.
    3. What you all don't realize is that HIVE is a more concentrated form of a centralized Steem, with a few loud voices wanting to dictate the future of the blockchain and the social network. If Steem has already lost hundreds of thousands of users with this group in power, HIVE won't even make it to 100,000 users!
    4. If you do realize that ALL of the problems of the Steem ecosystem will now become the problems of the HIVE community... PLUS SOME!!!... you should also realize that HIVE is a disaster waiting to happen, while Steem, now hitting its bottom, has no place to go but up!!!
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       5 years ago 
      1. It is far more decentralized than any of the other systems though (facebook, twitter, etc)

      2+3: There are a lot of things going on you don't see when you don't participate. There are a lot of people working to make hive better and succeed.

      1. Much much more people actually investing their time and energy to fix those issues. (Hive doesn't have more issues than Steem that is, it has at least one less, that is justin sun).
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       5 years ago 
      1. Absolutely agree 100%!!!
        2+3 The same people who failed to make Steem better, without the presence of Justin Sun? You have no idea how deep HIVE's problems will become!!!
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         5 years ago 

        To be fair, with steemit having control over this there was no real way for the community to take over. Now the community HAS to take over or they are their own demise. As far as I am seeing things progress I'm positive. Much more positive than for steem for sure. There is nothing left here.

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