What would a centralized Steemit look like?
Is the model where content creators / social media participants get paid a model that would work in the non-cryptocurrency world? In other words, does steemit pass the "This needs a blockchain" test? But actually, it already passes this test for many reasons that have to do with a (somewhat) decentralization of governance and censorship resistance, and forking risk... blah blah. But let's take away the currency aspect of it, and just ask, what happens if traditional social media platforms started just giving away Fiat to participants with some mechanism to attract just the right amount of people? Does this make sense?
I asked this to myself in my own blog recently (feel free to take a look) and am curious what people on musing think, especially now that more people are here.
My dear friend it is definitely preferable to buy SBD and Steen and I tell you why, hardforms are bitcoin bifurcations, which means that this refers to the process by which a source code is copied from a program that in this case would be the bitcoin platform. Forks can have two intentions: to clone the bitcoin code to create a new cryptomoney from it or to perform an update to the existing code.
In both cases, being bitcoin an open source system, anyone can access the code. So anyone with advanced blockchain knowledge can run a bifurcation. To create a new blockchain project based on open source bitcoin there are no impediments, but to update the existing code and implement it definitively requires a previous consensus.
In other words, you wouldn't have any real support, but the chain of steen blocks is extremely solid and I don't think we need to tell you more.
recalling a hardfork that occurred in 2013 when a miner created an additional block chain that was not compatible with previous versions of Bitcoin Core software. To solve this problem, an agreement had to be reached with the main miner pools to install an old version of the software while they developed a new one that would be released days later. Such errors can create distrust in the bitcoiners community and therefore a drop in the price of the asset in the market.
Like Steemit, just with a better user experience and also manual curation.
UGLY
If only steemit.com, it will look like medium.com or reddit.com.
If steem + all apps, it will be like Google.