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RE: HF20.. How it fucked minnows and plankton and will fuck us all eventually!

in #steem6 years ago

Mostly people under 100 I guess we have different terms and I should have clarified using SP not generic undefined terms. Look here:

QmTw87QQuJZ3fSKi2Pwg28SqUokSjxkTfRPdA7xdKRwFWr.png

https://steemit.com/steem/@intellihandling/re-bigdeej-hf20-how-it-fucked-minnows-and-plankton-and-will-fuck-us-all-eventually-20181008t071054483z

There is NO way you can tell me this user should need to buy more SP just to make a few posts and votes. They suggested actually something that made a lot of sense:

I also made a proposal, to connect RC not only to SP but also with reputation, so if you are a good writer, you should deserve a good reputation and be able to post.

That sounds far smarter than this new system is! Maybe it is only Plankton effected badly but still new users are plankton and that means new users won't stay! That is not a good way to attract new members. They already thought earning coins for blogging is a scam. Now they are told to invest over $100 just to start... NOPE! Impossible to get new people now that I know to join since they think it is a SCAM... The new system does not address the NUMBER ONE problem... NEW SIGNUPS.. They take even longer now and less new members in September 2018 joined than September 2017.. That is not a good pattern...

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Dear @bigdeej, thank you for support and to show my proposal to some top user like you, but i think if you will come to steem-bounty.com you could make a post about it and i will make my contribution with bounty, you will see many top user coming but they cannot say that you are whining!

Yeah great ideas and obviously the EXACT type of Steemian I am fighting for! People say I'm bitching or that I have no issue and cite my not huge but decent amount of SP... Well gee yeah sorry I SUPPORT STEEMIANS! That is why I'm so mad, sure I have no direct issue but when it hurts the smallest people and new members it indirectly does hurt us all! We NEED new members and plankton needs love too! This "upgrade" robbed the poorest people here in the name of what? I don't see a huge wave of new members joining. Signup still takes weeks or even months and less members join now than before HF20.. WHO benefitted? WHALES! The people who have more than 5,000 SP benefitted because they are now getting ALL the rewards since they can post, comment, follow AND vote while the small guy has to tip toe around and worry they will run out of RC. How can you expand here if you have to choose between following and voting? Again the THESIS i have brought up for 3 weeks now. Anyone following me knows I made it clear, I could just self up vote myself (you notice I never do) and earn more and cost me far less RC. Why don't I just do that? WELL, BECAUSE, I actually CARE about my fellow Steemians, ESPECIALLY the smaller ones!

How will anyone establish a reputation if not by posting and commenting?

As I said earlier, without decoupling RC Mana and voting power on the internal market, it is difficult to decentralize onboarding properly. If we go back to the old system, the blockchain will be filled with spam which is no way to scale.

There are three ways to fund a social media platform:

  1. Users sell their digital identity to the centralized entity owning the platform who in turn sells it to advertisers. In exchange, users get to use the platform free of charge.

  2. Pay to play.

  3. A blockchain based platform the operating costs of which are covered by speculators willing to speculate on the coin used internally on the platform. The value of Steem is entirely speculative as there are no external revenue streams.

I don't think Steem the blockchain itself should be ad powered. However, popular apps using the blockchain could capitalize on user data and cover their costs and reward their users that way. I'm not even sure how Steem even could be ad powered because it's just the infrastructure and selling ad space on the immutable text-based blockchain wouldn't make much sense.


I think getting people to sign up should fall on the apps and the apps should be given tools to do so by creating a separate market for Resource Credits as opposed to the market for Steem Power delegations.

But I can positively say that the vast majority of Steem users in any sustainable vastly scaled up future scenario will not earn but pay instead. They will use apps they enjoy using and will either pay to play or be exposed to ads or commercial promotion pretty much like on traditional social media.

And that is my big issue pay to play never works and is why we hated fakebook and tweeter. We came here for change and then got sold out just like all the big corporations land up doing to something we didn't ask for or signup to. Where is the focus on getting new users approved instantly and less on abuse. IF a new user has to wait over a month for their account approval THEN pay to do anything WHY would they bother? The new system does not encourage growth by new members and just encourages those who have SP to power down instead since no new members can ever join now. It was so hard to get new members on before HF20, now it is nearly impossible!

I'm repeating myself when I tell you that the idea is to make it possible to delegate Resource Credits separately from Steem Power. When that happens onboarding may take place in a decentralized manner. Apps that have millions of SP delegated to them by investors will be able to delegate RC to onboard new users. The separation of voting power and RC will go a long way to prevent abuse.

The idea is for Steem to be freemium, not free. New users should be able to interact at some basic level free of charge and if they want to become power users they will have to power up. The level of RC a new user is to have can be tweaked with the consent of witnesses.

As a long-term solution, users who are unwilling to pay to power up and will not tolerate ads or any other form of monetization of their attention are useless. Such users are nothing but a drag and will not be needed on this platform. Mass adoption will have to take place through apps offering a compelling user experience. Billions of people are accustomed to having their data mined and sold to advertisers. This form of paying for expenses and turning a profit will not be a problem for future apps on Steem and their user base. With mass adoption, Steem will not and cannot remain the digital hippie paradise and cornucopia paid for by speculators that it is today. The prospect of mass adoption bringing on board a large class of consumers is the very thing that keeps the speculation going.

Yeah but see we joined here to avoid getting taxed and a new concept. WHY even have dPOS at this point? So 21 people (most owned by ned/steemit inc) can control all the blocks? NOPE no thanks! If I have to pay taxes on the blockchain we can just go to real PoS and avoid all this! The whole point was to make a free bandwidth whereby dapps could store information they needed without a fee!

Mass adoptions will never happen when you charge users to play. How many people pay for facebook? How many pay for youtube? More and more people want FREE! There is no incentive as a new user to join anymore.

No developers are going to build dapps here that is what you fail to get. Why bother with steem when it keeps changing to something that is basically a centralized Proof of Stake now. The entire concept and principle of how it was founded is gone. The deal was we let the big fish be the witnesses and we voted for them in exchange for free bandwidth based on our Steem Power. RC just made that cost us voting and that in turn means money is lost. The accounts that get hurt the most are those under 100 SP, NEW users! That is a really stupid idea. Join my dapp but if you want to do more than setup your profile and make 1 comment you have to pay! Sounds like a great platform! Ned really has people brainwashed and people didn't read the ORIGINAL white paper dan made it seems. THIS is NOT what we signed up for and agreed to. Dan's version of steem and now EOS is much more logical and this is just unfair and driving people off the platform both big and small.

You going to pay the losses?? I paid out of pocket 3 weeks of running costs for servers and other expenses while I waited for this to get "fixed" while being told just to sit and be calm and wait.. That is not how you attract developers to your platform!

Yeah but see we joined here to avoid getting taxed and a new concept. WHY even have dPOS at this point? So 21 people (most owned by ned/steemit inc) can control all the blocks? NOPE no thanks! If I have to pay taxes on the blockchain we can just go to real PoS and avoid all this! The whole point was to make a free bandwidth whereby dapps could store information they needed without a fee!

Mass adoptions will never happen when you charge users to play. How many people pay for facebook? How many pay for youtube? More and more people want FREE! There is no incentive as a new user to join anymore.

Having to pay to power up isn't the same as paying a fee you'll never see again. Facebook and YouTube are available for use free of charge because they mine and sell the user data to advertisers.

No developers are going to build dapps here that is what you fail to get. Why bother with steem when it keeps changing to something that is basically a centralized Proof of Stake now. The entire concept and principle of how it was founded is gone. The deal was we let the big fish be the witnesses and we voted for them in exchange for free bandwidth based on our Steem Power. RC just made that cost us voting and that in turn means money is lost. The accounts that get hurt the most are those under 100 SP, NEW users! That is a really stupid idea. Join my dapp but if you want to do more than setup your profile and make 1 comment you have to pay! Sounds like a great platform! Ned really has people brainwashed and people didn't read the ORIGINAL white paper dan made it seems. THIS is NOT what we signed up for and agreed to. Dan's version of steem and now EOS is much more logical and this is just unfair and driving people off the platform both big and small.

RC is just as based on Steem Power as bandwidth. Besides, apps have the freedom to delegate as much RC to their new users at any price they want to or for free.

You going to pay the losses?? I paid out of pocket 3 weeks of running costs for servers and other expenses while I waited for this to get "fixed" while being told just to sit and be calm and wait.. That is not how you attract developers to your platform!

What are you talking about here?

I AM A DEV and we are not happy with these changes. Your "IDEAL" that you can just pass the cost off onto devs and new users will join is insane lol but hey that is why dlive and many others left too right? No need to discuss this anymore you are never going to even listen to what I think say or do. You think I want to pay for all my friends, family and strangers to join? For what?? How do I afford that I only have so much Steem! But I guess when you don't run a dapp you don't know what it costs and just tell people who do to suck it up and thats what ned wants! See what we are building is a system that was based on the old rules. NOW you want us to pay for our new members or require them to pay... That is not going to fly with most people and will lead to losses. Obviously you never ran a server before since you have no concept of how much it costs to do so! Being unable to earn for days, no weeks because of this upgrade has cost a lot that no one is going to give me back! I had to pay my bills with no one giving me any source of revenue to do so. That means out of pocket! I'm sure you and steemit inc will love to give all us like blocktrades and dlive and others the HUNDREDS of THOUSANDS of STEEM we lost these past 3 weeks though right? You can send it here anytime you like.

Are you now talking about the botched up way Steemit Inc handled the launch of HF20? I'm having difficulty following you. If you're making too many assumptions about what your interlocutors know about your specific situation, you may cause them to fail to follow you.

Sure I know running a server can be expensive. As I've been repeating many times, the costs are borne by external parties who benefit from the service somehow (advertisers gaining access to a target audience thanks to mining user data, for example), the users themselves if they do not wish to be products, or speculators as in the case of Steem so far. I've also said that it's up to Steemit Inc. and the witnesses to set the price of RC at an optimal level. But you seem to be opposed to the whole idea of Resource Credits a.k.a. keeping tabs of network resource use and keeping it separate from Steem Power. I'm I right?