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RE: cyber•Fund is to launch a Russian Steem-based social media platform: Golos. Under license from Steemit Inc.

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officialfuzzy (75)in #steem • 8 years ago (edited)

Forking beta level software over a language divide

Two words: Beta software. For this reason it makes little sense to me as there are already solutions some of us have been paying out of pocket to build that could significantly help here without having to start a new blockchain.

For instance, right now I have paid approximately 6k out of my earnings on steemit toward building a front end community management site template that enables people to make their own websites with steem as the backend (I expect this price to end in the 15-20k range easily). This means that anyone who wants to have their own site can make one for whatever community they want (be it in russian, chinese, vietnam...etc) while still using the steem blockchain. I was also planning to reach out to the top whales this week to help me with this task (but with little to gain but forks taking their work there is very little incentive for them to say yes).

As for payment in other currencies, I am confused why people cannot just change their region and currency of choice and Steem will create SB(X) that works the same as SBD thus bringing more value to steem holders.

What I see here is that Steemit will get more funding (which hopefully is a good thing), but in so doing has essentially done it at the expense of many people who have bought/earned steem and powered up much of their tokens. Though I see how this could be seen as helpful in the case of initial distribution being more "fair", I believe it is not.

Why?

Because if every time Ethereum was copied the Ethereum foundation got a cut, but anyone else holding a large stake in Ethereum but those who provided funding for the foundation to get the codebase to where it is now has to buy into the clone or have multiple sockpuppets with the easy 7SP minimum for a decent stake (on a clone toward which they had already paid to have built), ETH holders would be very angry and would only grow to distrust the foundation (more than they already distrust today).

Additionally, there are many accounts out there with whales who have created sock puppets just to upvote and pay themselves. Those whales are going to be far wealthier in golospower than anyone else as they will have a large army of users who can come together to auto upvote one another.

The fairness of steem's payouts, and the language problems as well, should not end up being that big of a problem if adjustments are made during beta to help mitigate them. Additionally, the market price of steem will help iron out the current "distribution issues" over time.

Please tell me how this doesn't hurt steem as I might be missing something---but from what I am seeing this is a terrible idea for steem holders and opens up every single person I told "Steem is not a scam" to say "fuzzy you are an idiot who trusts too much". It does however serve to be one heck of an ICO for something Google Translate could fix while still helping all steem holders. And to those who think whales will not exist there...I've got a nice bridge to sell you...

Most important question:

Wouldn't the Golos team be helping the ecosystem more if instead of forking steemit based off something so fixable as a "language barrier" (that integrating with google translate could help mitigate) if they made something different than a simple Clone?

I can think of a few highly profitable ways of them Innovating (that doesn't split the steemit community):

Twitchit -- the steemit based fork that lets you earn cryptocurrency in addition to your twitch earnings!
Gitit -- the steemit based fork that lets you fork your project from github and earn tokens by having your code upvoted by whales and dolphins in the ecosystem!
Wikit -- the steemit based fork that lets you post and curate articles and get paid by admin accepting your additions/omission requests...
Leakit! -- a steemit based fork that lets you post leaks of government corruption, war crimes...etc. and the community who validates it can pay you (and earn some LeakPower in the process!)

And there are others I could speak of today...with MANY more if I took the time to think about it. All of these projects could share code in many respects and still help one another coexist. This is the wrong way forward imo...at least for the benefit of the community.

I mean what if they actually innovated and decided to make a steem based github chain? How amazing would it be fore EVERY single graphene chain to ever exist thereafter? And they would likely become so famous that 3 million dollars would be a drop in the bucket. Something tells me I should stop paying out of pocket to work on steem if this keeps going this way and maybe just buy into every one of the clones that comes out to "save the day" so I can make profit off the pumps that will be to come...and if someone who is so longterm thinking as me is thinking this, one has to wonder how many others are thinking the same.

I am generally pretty positive and do see the reasons why they would consider this a genuinely decent idea. I also see them smiling and happy in the picture above (so sorry for bursting the bubble), but I have to be honest here and say there are FAR more valuable projects that could be worked on using a similar crowdfunding campaign that would HELP steem fix these problems---without murdering the value of those who have already invested in steem and also dividing the community.

If only I had a team of coders who would help me and a 3 million ICO, maybe I could build some of these chains that actually use the concepts of steem in an innovative way...

8 years ago in #steem by officialfuzzy (75)

$10.71

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svamiva (60) 8 years ago

I wrote a post about proposed Russian sidechain a few weeks ago.
The main idea was if you can't prevent something then try to lead it
As @ned pointed out it is interesting experiment, and we could learn from it something useful for a future Chinese sidechain, which again I think is just unavoidable.
Of course it doesn't make sense to create a clon, I believe some real innovations could be introduced there.

$1.43

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snowflake (65) 8 years ago (edited)

OP's reasons for creating an alternative blockchain are very weak.
-He only received $131 for his post --> I receive on average $0.4.
-Russian owns only a tiny portion of the network --> so does Italy, Spain,Greece,Brasil and every other country except USA.
-Not clear on why it is not attractive to developpers.
-The Russians earn in their national currency --> an option to show equivalent in your currency is a few lines of code.

This to me sound like a very bad idea why? Because if we start solving the language and distribution problem like this we will end up with as many blockchain as we have countries and the big idea that was steemit will end up like a tiny niche project.
The direction steemit is going is not the right one. Many people here hope that steemit will become the next facebook but if the founders solve the language barrier like this it's never going to happen.
Imagine if zuckerberg would have shared its source code earlier with everyone that could provide a different language version of facebook? Well the result is that there would be a lot less chances that zukerberg's facebook would be THE one we have today.
The more concerning thing is that they don't realize that golos are direct competitors, what happens when golos the Russian site becomes golos the International site?

The fact that steemit inc endorse this kinda project tells me they have a very narrow vision for what steemit should be. I see steemit as THE protocol for social media but looking at all the votes it seems that many don't really think this way.
Social media is all about network effect,it's like currency, the more people uses it,the more valuable it becomes for everyone else and that's why there are only a few giant in the space. The first post I wrote was actually a post that explains how to create the best network effect which is to have a lot of diversity on the same site ( marketplace, video,etc..).Imo even projects that uses steemit blockchain but on different site are bad because they reduce the network effect. It's all about attracting every type of users, golos is like saying bye bye to the Russians.

For steemit to support all languages they just have to create translation bounties, there are very few words to translate on the site and then create a box where user can tick to only view their prefered languages. They say it's not attractive to developers, why not code that feature instead of building a whole new site with a whole new blockchain?

$0.31

8 votes