dlive might be right, at least partially. steem is simply not sustainable for dapps (not unless they suck up to ned and get his delegation). steem is not yet an ecosystem (nor big enough) but i'm hoping SMTs might be a fix to that. steem needs to have at least 10x users and developers rushing in to build something/anything on top of it.
with dan's influence, eos and a future social might get there first (because current 1mil steem users is like a tiny pixel on the internet). i'm afraid ned and steemit inc might not have enough humility to be a facilitator. only time will tell.
Even though what Dlive did was a first class dick move, I also had to agree on some of the points they made: Steem probably isn't the best platform for what they are trying to do.
Yes, Steem needs to grow (rather fast), in order to keep its first mover advantage. Look at the number of users from Facebook and MySpace (MySpace being launched in 2003): http://vator.tv/news/2011-06-30-the-brief-rise-of-myspace-and-its-long-slow-demise. For a niche (which Steem unfortunately still is, two years after its launch) 1.1 million users is great, but compared with those numbers from over 10 years ago, it is still rather low.
yes. much agreed!
and we're accelerating so much faster than how things were in early 2000s. 1mil users is literally nothing. today it can be overturned in matter of days, if not seconds! 😆
i'm assuming dlive had some money issues and lino probably gave them a quick way out. it is a dick move, but i think the bigger issue is that this entire platform is still dependent on ned making all the right decisions.
Yes, things surly changed since the early 2000s.
About numbers: this YouTube account, that's only doing videos on Star Wars for example has right now more subscribers (~1.2 million) than Steem has users in total.
The next big question is about how many users are actual, @penguinpablo does posts on Steem's statistics: https://steemit.com/steemit/@penguinpablo/daily-steem-stats-report-thursday-october-11-2018 We have around 53000 "active accounts" (accounts who do an action on the blockchain, the actual number of active accounts might be a bit higher) right now, which is again not that much.
So it would be good if Steem grows, but at the same time I'm wondering at what point the technical limitations would start to kick in. Steem is one of the fastest blockchains, but I'm not sure how it would handle 100 times more usage than now.
and the amount of active users continues to decline it seems. one decent youtube account has more user engagement 😆
i remember we already used to have difficulties during weekends, so if (a big if) steem has 10x the current active users, we're clearly gonna have problems.
but then we also have moore's law, so eventually the speed should be there, i hope..
I think HF20 was a preemptive measure to tackle the scaling issue, time will tell if it is actually helping.
I think that the low engagement rate right now is because of the crypto currency market in general is rather low right now. If the market goes up again, I think we'll see much more activity on Steem.
yes i'm guessing that'd be the case.
but anyways man what are you up to these days? haven't seen a new post for awhile 👋
Right now I'm trying to finish my master thesis. Unfortunately there isn't much time to do anything else. Hopefully it will be done soon and I can dedicate my time to other things, like posting :)
well it's more important than social! good luck on your thesis! 😄