@revisesociology reposted @penguinpablo's stats on Steem.
https://steempeak.com/post/@revisesociology/this-post-just-disappeared-so-here-it-as-again
This image is telling.
I've already noticed bid bot stackers at the top of Trending on Steem. It's truly a pitiful sight. Mediocre posts, usually on crypto, with $100 incoming in rewards and large upvotes from the largest bid bots on the platform. The bid bots are still acting as curation projects giving large votes for free. I have got those a few times in the last week. But it seems to me that an increasing number of users resorting to paying for votes to maximize curation rewards for self-upvoting and author rewards from attracting snipers will result in organic curation being squeezed out. That doesn't even require vote buying to have a direct positive return on investment.
The prevailing sentiment on Steem seems to be anti-downvote. I heard the largest community led anti-abuse projects such as @steemflagrewards have already closed on Steem, which means that all the leeches can now operate with impunity.
You may ask what the Koreans who wanted to extort giving up for downvoting from the majority of the community were thinking. I think they had bought a lot of STEEM when the price was high and were desperate to recoup their losses by milking the system. I have met such people before here. They used a lot of BTC to buy expensive STEEM in 2018 and when the price fell through the floor in November 2018 they got severely burned.
But becoming milkers does not help the token price. And if you already have a lot of tokens getting some more is not an effective way to recoup value. The price going up can result in much larger gains and community effort like on Hive can help a lot.
Those Koreans who voted for Sun's puppets are about to learn that the hard way. As the majority of the community is leaving for Hive, the use of Steem is falling fast. This does not bode well for the project in the long term as investors will not fail to take note of that.
However, I don't think Justin Sun wants to give up on the idea of having a social media platform in his empire. Steem might eventually get discontinued like Lino did and migrated over to the Tron blockchain. Steem and Tron smart contracts are written in different languages. Not too many developers know Solidity, which is the language in which smart contracts are written both on Ethereum and Tron. The vast majority of smart contracts written for Ethereum or Tron are a lot simpler than Steem. Finding developers who both understand the Steem codebase in depth and are well-versed in Solidity are in short supply. (There was no imminent risk of Steem being migrated to Tron any time soon in February but the statements of intent from Sun were alarming.) But Steem might be ported to Tron eventually.
I have my doubts that Steem can run as TRON smart contracts without considerable simplification. Most likely they'll run as parallel chains with maybe atomic token swaps. We'll see what they decide to do.
Yeah, the problem is Steem has scaling solutions in place such as MIRA. The Steem witness nodes store the chain on solid state disks instead of expensive RAM. What kind of a storage medium do Tron witness nodes use? Then there's Hivemind to running in near-sync with the consensus layer. There's Jussi for caching and load balancing to direct API calls to the optimal steemd servers. How would that optimization be done for the Tron virtual machine? There are many open questions. Porting Steem to the Tron blockchain might be difficult to do while preserving its ability to scale at a low cost.
How long did it take Lino to be discontinued? Couldn't have been more than a year or two.
I don't know. Haven't been following it. I suspect Steem would be more complex to port because of the hardware it runs (SSDs) and all the scaling improvements.
Hey thanks for the mention.
NB that post LITERALLY disappeared from Steem front end AND steemd....
I know I posted it - but the only way I can access it is if I click on one of the comments someone made on it - here: https://steempeak.com/statistics/@revisesociology/weekly-steem-stats-report-anti-censorship-initiative#@lucylin/re-revisesociology-q96ua4
Go check out my feed on Steemd and Steem, you CANNOT see that cut and paste job I did from Penguin ANYWHERE!
How have they removed it from Steemd?!?
For it to disappear from steemd is quite something.
Steemd.com is also a front end. As far as I know, there are API nodes owned by witnesses who are not Sun's puppets. Removing the post from the chain itself would require a hard fork. Or would it? It would if all the hashes of the previous blocks included in the blocks were all recalculated and checked against the existing ones to ensure the integrity of the chain at regular intervals. Otherwise any witness could calmly remove or alter transactions in old blocks without raising alarm. When a new block is added to Steem, is the entire chain of hashes recalculated to check the integrity of the chain?
Do you know where I can find my old post if not on Steemd?
It's still there, because I can access it via the comment that remains (one other comment disappeared along with the post)
Hmmm...you can try the eSteem desktop or mobile apps. They talk to the API nodes directly.
I know why this is happening
People hope to get easy money and they only see the dull thumbs ups
This is like a worse version of Facebook
People are always looking for easy money and they feel let down for not getting them from here.
They only sed those big fishes here, but no ways of getting there.
And there are many apps and networks that give the same amount of currencies for a lot easier way.
I think Steem is dying because most people in the community is sees a brighter future for Hive and is in the process of migrating there. Not too many people are left on Steem. Most Hive users that made up the original Steem community do not like centralization and censorship. Justin Sun has total control over Steem now and he's censoring posts. Most people here see Steem being a blockchain as pointless.
I will continue to use it to earn for as long as I can but I do not intend to grow my stake on it.
Let's hope that this trying moment ends soon am sure steem will be back to life.
Make no mistake, I want Steem to succeed. I love having to option of posting to Steem, too. There are some rewards to be made on Steem as long as the price does not tank. And if most people sell their stake, those left on Steem will dominate the reward pool and will benefit even if the price goes very low. Time will tell what kind of a balance will be found.
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