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The Key To Remember Is That Steem Is Strong by taskmaster4450

View this thread on: hive.blogpeakd.comecency.com
· @taskmaster4450 ·
$20.14
The Key To Remember Is That Steem Is Strong
<center>![image.png](https://ipfs.busy.org/ipfs/QmPup3AjgRVZf8FDrNVDMMNn4YNxmYX2GqSPXtTnN3yVFs)
[Source](https://www.thingiverse.com/thing:1686086/)</center>

Many might not agree with this viewpoint and that is fine.  

I spend a great deal of time monitoring what is taking place on the Steem blockchain and I can tell you the growth is astounding.  Steem is one of the stronger blockchains based upon my comparison to what is out there.  I will grant you that I am not aware of every blockchain but in looking at the major ones, Steem more than holds its own.

This is something we can expect to continue.  The push forward is coming from so many directions that exponential progress is being realize.  This is an aspect of technology, especially open source, that is leveraged by system.

We should always be looking to make improvements where we can. While this is a fact of technological evolution, we need to remember that Steem is strong as it is.  Be mindful of creating New Coke.

So what makes Steem stand up?

### MIRA
We are only a few weeks from this being implemented.  This is a serious move to the upside.  We are going to see the size of the nodes reduced to a level that could make it as low as $20 a month to run one.  This means we can see major decentralization happen very quickly.  Almost every application will have the ability to run its own node.  

We also see the same thing happening with the Witness nodes.  Presently, there are 130-150 Witness nodes running.  Could this number jump to 350 or 500?  I would think it rather easy.  

The all equates into one of the most decentralized systems out there.  

### Token Distribution

This might seem like an odd one to add to the list but it fits.  Many complain about Steem's distribution of tokens and how it sucks.  The challenge with that is that it mirrors what is out there with most of the other major blockchains.  Thus, Steem is not behind any of the others.

What makes this situation an asset is that each week, the distribution is changing.  People are not having to buy STEEM to alter the token layout.  It is built into the system through the reward pool.  Thousands of accounts are amassing more SP each week which is taking the power, albeit slowly, away from the largest accounts.  While this might not impress some, consider how that will work with Bitcoin.  Other than mining it, how are people going to get Bitcoin?  Only by getting what was previously distributed.

On Steem, the SP that appears in each person's account through the reward pool is newly minted STEEM.

### Inflation Rate

Here again, this might seem like an odd one.  The fact of the matter is that Steem's inflation rate is an advantage.

While some complain it is too high and could be scaring away investors, I do not buy into this one bit.  If Steem was a household name, people would be investing in it regardless of the inflation rate.

So why is the inflation rate a good thing?  Because it is how the distribution is altered.  The newly minted STEEM is from the inflation.  Presently, we are seeing 8.5% new tokens a year.  This is divided up among a number of interested parties.  One of the biggest winners is the content creators who take 75% of the reward pool with curators getting another 25%.

The talk of the inflation rate being reduced is catastrophic.  This would reduce the ecosystem's ability to incentivize people to create and curate content.  It would also protect the present distribution, further slowing the spreading out of the holdings.

### Ease of Development
From what I understand, Steem is one of the easier blockchains to develop on.  The learning curve for newer people is minimal.  This is not the case with some of the other blockchains.

At the same time, one can develop on Steem for nothing (outside own personal development costs).  This is something that is not seem everywhere else.  For example, EOS requires developers to have RAM.  While you could say that applications require RC to operate, the truth is that the users do.  There is nothing that forces applications to have their own.  Naturally, they will want to but that is their choice.  

And as the ecosystem grows with more people having SP in their wallets, the need for applications to feed this lessens.  While it will take a lot of time before they are to the point where they can entirely forgo it, each new account with SP in it is another potential user for each new application.

### Designed By Dan Larimer

While it seems that Steem is ostracized from the Bitshares-Steem-EOS trifecta, the baseline fact is Dan did develop all three blockchains.  This means the code is similar that was used.  We are hearing about some major innovations coming out of him and EOS.  This is only to Steem's benefit.  Some of those ideas could be implemented rather easily by grabbing the code and making a few adjustments.  

Once again we see the value of open source code.  It is also something the Bitcoin network will have a tough time utilizing.  While not everything developed will be able to be implemented at the base layer, we have enough developers that could use them as layer 2 solutions.

### Community

This is usually mentioned although I am not sure people realize how strong it is.  The truth is Steem-based applications are regularly scoring high marks on the DApp ranking sites.  There is a lot of development taking place with regular updates.  Plus, we have tens of thousands of users on here daily.  While that does not sound like much, we see it surpassing many of the better known blockchains.  

Ethereum gets a lot of credit for all their developers and is seen as the leader of the applications.  The only problem is, based upon their total number of transactions, nobody is using them.  In fact, with the @cacheverse, we saw the first defector from the Ethereum ecoystem to Steem.  I think we can expect more to take place.

### Steem is unknown

This is really going to get the backs of some up but this is another advantage.  The fact that Steem is unknown allows for things to be worked out before the masses arrive.  We have a massive onboarding problem right now that requires attention.  Some want to start campaigns to either get a ton of users or get the price of STEEM up.  Either way, the added attention will just backfire.  With only a few hundred people getting approved a day, thousands arriving will only create frustration.  People talk about retention rate.  That would send the number down even lower since most would have forgotten about Steem by the time they get their approval.

Some will say it needs to fall to the applications.  That is true but they need time to claim the accounts.  There is a limit to what can be claimed and getting a dozen or so a day does not allow for rapid growth.  Many of the applications, along with individuals, are regularly claiming accounts to grow their holding.  

There is nothing worse than putting out a faulty product to the masses that is rejected.  I used the example of New Coke because that was hyped through the roof.  When it came out, it was a total bomb and was pulled from the shelves in a rather short period of time.  

Steem is very strong at the moment.  We need to have the long-term view and be patient.  While there are things we can all do to make this place better and, thus, grow faster, the truth is development needs to play out.  If one looks back over the last year, you can see the major progress since Memorial Day 2018.  Heck, we make major strides since the first of the year.

Keeping things in perspective is vital.  The over-the-top negativity about Steem is unwarranted.  

Steem is a very strong ecosystem with a foundation that is about to get a lot stronger.

___
If you found this article informative, please give an upvote and resteem.

![image.png](https://ipfs.busy.org/ipfs/QmPvBkjBFuAKHQR7MacQ1679NryWNG5ZexgaPZdUmTo4so)


![image.png](https://ipfs.busy.org/ipfs/QmYRwbaYkV7kubaAqefvGi6kxW25EdzUdZRP8XWsRWXKTj)
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 532 others
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@amahovac93 ·
If everything is that perfect, then why is the price tanking?

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@humanearl ·
$0.04
Price can be a poor reflection of what's actually going on. Price will always lag behind what's happening in real time.
πŸ‘  ,
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vote details (2)
@amahovac93 ·
I agree but it also makes alot of active people inactve aka deadfish because of the low rewards with the low price of Steem.
And we dont want to see that happen.

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@taskmaster4450 ·
Why would you presume that price has anything to do with what is taking place?
πŸ‘  
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@amahovac93 ·
I am just saying when the price of Steem was 8$ in January Steem broke the record with number of active users.
From that point Steem is losing its users because of the low price.

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@chesatochi ·
Steem is a very strong ecosystem with a foundation that is about to get a lot stronger.

This is so true and Steem to the moon. :)
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@cloudspyder ·
Steem is battle tested blockchain, however, an untested new implementation is reckless in my opinion. It will hurt the community as well as the blockchain.
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@dronegraphica ·
Thanks for sharing your views. I've found the community is strong on Steem and that is a great asset. I've still lots to learn but overall I'm impressed with the Blockchain

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@dylanhobalart ·
Yes, feels like the slow build continues to build strength to the ecosystem. Grow a strong set of roots and we have not even touched the surface. Hard to picture what the fruit might look like. But I see strong people and strong roots!

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@helpiecake ·
Hello! 

This post has been manually curated, resteemed
and gifted with some virtually delicious cake
from the @helpiecake curation team!  
 

Much love to you from all of us at @helpie!
Keep up the great work! 

<a href="http://steemit.com/@helpie">
![helpiecake](https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmNYuBWUpyxb9ctu7CQiBScH7nngDo2GtHdCWZrGwa8RuC/tumblr_mgod7ugtRa1rvvqj8o1_500.gif)
</a>


Manually curated by @carrieallen.
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@iamjadeline ·
I love Steem and totally 100% agree!!! =) 
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@klevn ·
we need to remove the leeches.

folks without steemit's best interests in mind are problematic.

just look at these two accounts... look at there blog history...

https://steemit.com/@berniesanders

https://steemit.com/@haejin

these guys..  are cut from the same cloth, and make more on each of their crap post than most that spend tons of time on theirs... by far.

i personally feel they are just using bots to upvote themselves, or organized a circle-jerk. 

but it could be even worse than a simple circle-jerk...

what is to be done about folks that don't care about their stake?

what is to be done about folks that simply want steemit destroyed because it causes problems for those that seek to control free thought.

btw, bernie [said free speech is an illusion](https://steemit.com/notentitledtoshit/@berniesanders/you-want-free-speech-go-write-in-a-diary) that doesn't have any right to exist, and his efforts to silence anyone that disagrees with him by downvoting not only their comment but any other posts the user has (and taking away rewards that are not related to the comment).

i don't have an answer that doesn't return to censorship, which is perhaps what he is now hoping he can force, then control.  but misleading people with a blockchain to reinforce Truth about what happened.. and having people that care about steemit decide what is best.  

i personally feel these accounts, showing obvious abuse, should be frozen from participating, unless they agree to stop, and prove it.

i'm not against what either has to say... but I am against their raping of the rewards pool and flagging of dissenters who dare question them.

perhaps then, the answer does present itself.

we could notice when 'retaliation' is used.

we could notice when folks keep posting short quips, low quality content.

all these returns to we must trust someone to do this, I say we already have a group to decide, the witnesses.

i say downvoting folks that show problems with witnesses to be a grave offense... and if anyone is to have their account frozen... perhaps have a site wide vote... make it very public.  help people understand why, prove it to us with their own content (or lack thereof).

i can show you examples of bernie telling people to kill themselves.

that, i think, is pretty messed up.

there are 'bad' people in the world, and we must account for that.
πŸ‘  
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vote details (1)
@baah ·
$0.03
Adversaries are the best teachers, they help us learn things that we would never have guessed to try learn about ourselves and each other. Overcoming adversity is a lesson in itself, which is why one can constantly find people that exholt their adversity and adversaries and offer them gratitude.

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vote details (2)
@klevn ·
i'll offer them gratitude as I show them the door.
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@dronegraphica ·
Learning about this issue recently did cause much alarm for me. I've had a couple of posts from these accounts on mine content too.

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@nathanmars ·
Networks have "network effects." Adding a new participant increases the value of the network for all existing participants

> Steem is unknown

Question do you've a Twitter Account ? Because we're collectively making STEEM to be known with SEVEN77 Twitter Movement and we would like you participate
πŸ‘  ,
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vote details (2)
@fitinfun ·
$0.03
Hoping you will search "twitter coach" and offer the top 7 you find 77.77 each to review what is going on out there @nathanmars. You will get a wealth of information to kick up the effectiveness of the collective effort. Energy and enthusiasm of very few people can be highly effective with proper execution.
πŸ‘  
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vote details (1)
@partiko ·
Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
πŸ‘  
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vote details (1)
@msowner2 ·
You have receive an upvote. Thanks for playing <a href="http://bit.ly/moonsteem_c1">moonSTEEM</a>
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@sepracore ·
$0.03
I agree that on boarding is an important issue. We have one chance to β€œget it right”. If Kim  Kardashian joined tomorrow and her followers could not get accounts ... the horrible press release would clobber us. We need to be ready in advance for this type of thing to happen.
πŸ‘  
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vote details (1)
@ucukertz ·
$0.46
True, but I think we still got some time until that happens. Hopefully it doesn't happen before SMT and communities are finished.
πŸ‘  , ,
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vote details (3)
@sepracore ·
I agree we have time but you never k ow wxactly when our time runs out. The next bull run is going to draw in a lot of new people and we need to be ready was my only point.
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@treeplanter ·
Thanks for your donation
<center>
<h3>You just planted 0.11 tree(s)!</h3>
Thanks to @fuadsm
<h3>We have planted already 
8352.59 trees
out of 1,000,000<h3>
Let\'s save and restore Abongphen Highland Forest
in Cameroonian village Kedjom-Keku!
Plant trees with @treeplanter and get paid for it!
My Steem Power = 21348.64
Thanks a lot!
@martin.mikes coordinator of @kedjom-keku
![treeplantermessage_ok.png](https://steemitimages.com/DQmdeFhTevmcmLvubxMMDoYBoNSaz4ftt7PxktmLDmF2WGg/treeplantermessage_ok.png)
</center>
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@shainemata ·
I’m waiting for e-commerce. There is no incentive to keep liquid STEEM other than to cash out. Mostly, I just power up. 

Posted using [Partiko iOS](https://partiko.app/referral/shainemata)
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@steem-ua ·
#### Hi @taskmaster4450!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your **UA** account score is currently 6.480 which ranks you at **#181** across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 294 contributions, your post is ranked at **#8**.
##### Evaluation of your UA score:

* You've built up a nice network.
* The readers appreciate your great work!
* Great user engagement! You rock!


**Feel free to join our [@steem-ua Discord server](https://discord.gg/KpBNYGz)**
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@tts ·
To listen to the audio version of this article click on the play image.
[![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/taskmaster4450__the-key-to-remember-is-that-steem-is-strong.mp3)
Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvoting this reply.
πŸ‘  
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