Some observations of Steem Changes
Introduction
Hello my dear friends. In this opportunity, instead of an artwork, I brought you a small and very personal analysis about the changes that happened in Steemit and the STEEM Blockchain since I went offline several months ago. This isn’t going to be focused on predictions that the price of STEEM will have or had. We’re going to talk about those little changes that had an impact in our time here.
After finding about Steemit in June 2018, and a quick registration, I started to research more about the movement and dynamics of the platform, but left a month later due to problems with my medicine studies.
The new things
Finally around ten months later, I returned to work on my art and writing blog to give my mind a little break. Once logged in, my first cautious observations started to notice several important changes:
First of all, one of the most radical upgrades I’ve seen in these days after my return was the implementation of the Resource Credit (RC) system. Since every post, comment or important action, represents a cost on the blockchain, it was necessary to regulate the flow of information and contents that could be uploaded.
In a sort of way, this seems to be having a good effect on stimulating the promotion and publication of more concise and properly elaborated content, and reducing the devasting effects that spammers and similar groups were doing or could do to the platform.
However it also had a quite painful side-effect: this demolished the interaction strategy, a favorite between newcomers, used to obtain some audience in the site during their beginning. Even those who usually try to post a least two times a day would require a least 50-100 SP on their accounts to avoid getting their RCs depleted on such a publication basis. Posting comments has in some sort morphed into a more restricted activity without the enough SP.
Second, the STEEM price. I couldn’t believe that the price of the STEEM currency suffered such a decline (it went to 0.07$ on the lowest point!) from the original 1$-1.25$ it had. This certainly scared and probably made a lot of people lose interest in the currency and the platform. However the actual price has found some stability at 0.40-0.50$ which still irradiates a good amount of trust if I was to invest money on it.
In third place its a good thing that many of the communities still on and active. Projects such as Cervantes, SteemSTEM and the hundreds of users that follow them have persisted over time after every single bad season in the last year and keep supporting their members. Perseverance is the key, without a doubt.
Fourth place, and this one is a big plus, the addition of blockchain associated games such as Drugwars and Steemmonsters, where people has a new chance to earn cryptocurrency by their gaming and strategy skills. Gambling alternatives are also available now, but I wouldn’t recommend investing money you don’t want to lose on such applications.
And now what?
Currently, I’ve joined the nTopaz community to share some of my artworks and drawings and the results have been acceptable (make sure to follow me to know more about!).
Without a doubt many changes have occurred, and although many have argued that the initiative has been generating "money out of air" (something quite dangerous in the longrun), Steemit seems to still have much more potential and advantages to offer its users.
Changes, in some sort, can be frustrating for some. But everything evolves and Steemit was certainly not the exception.
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What cryptocurrencies are you currently invested in?
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