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RE: How should Steemit Inc decentralize their stake?
@ned himself has said that sadly, this is as good as Steemit will be. As they are focusing on the development of the Blockchain itself an an interface is something that can be left for entrepreneurs to come create.
If im not mistaken of @ned's vision, he forsee that Steem will be the backend infrastructure of which thousands of social media will be built.
He intends for steemit to be dwarfed by other sites.
Edit: I've been corrected by both @roadscape and @ned himself that it is not true. Steemit will continue to be developed by the wonderful team at Steemit .Inc with a dedicated and large team. I am actually very happy that I was wrong.
This is not true, there is a dedicated steemit.com UI team and planned enhancements.
There is? owh I must have been mistaken then...
Steemit is continuing to be developed with a large development team - The Steem ecosystem will also grow and may grow larger than steemit
True. The rate at which steemit community is booming is mind-blowing.
i guess the question is: is the "user directed inflation model" any good.. since its inception the rewards have largely gone to those who manipulate the system the best.
Define "manipulating the system". It's really a free market and anyone can do what they want with their Steem power.. And its up to everyone else to decide whether a person's upvote is justified. or should it be countered by a downvote.
The current iteration of user direction inflation model may have it's flaws but it's the best one we can work with.. I have my hopes up for the potential it can go.
Manipulating the system: the original intent of Steemit was to reward quality content, not increasing your own payouts just because you can. It is the content creators who make the platform interesting, not the bots, voting schemes and 1000s of sock puppet accounts.
You see, as it stands, Steemit is promoted as one thing, but in reality is another. This is what leaves a bad taste in people's mouths.
They are in effect, "duped" into participating on the platform, only to realise at some point later that simply creating good content does not win you a fair share of the rewards because others are gaming the system. This is no better than Zuckerberg and FB.
You hit it right @leoplaw!
There are some great sites created already, like Dtube and Dlive; it us actually rather exciting. I wonder if anyone us creating more steemit readers like esteem. Perhaps they can figure out some more useful filters.
It's to come i guess. Any entrepreneurs who wants to seize the opportunity offered by the steem blockchain can come up with an app to take a shot ..
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