HF20 - Celebrate The Upgrade What’s to Come....
Some of the conversations I have had with fellow steemians on my blog have left me thinking a lot about how much this experience is similar to life in general. There are people with who you resonate with, that you agree so much that it’s easy for you to become friendly. But, of course opposing opinions are never far, and learning to deal with them is part of the game.
The more I think about this however, I come to the conclusion that this community is going to alright after all. Regardless of difficulties, disagreements or technological challenges, there is almost no indications that there is a loss of momentum and interest from the key people on the platform.
I also think about the fact that even with some basic disagreements in the way, but more importantly with some common ground, the sky can be the limit for what this blockchain one day might become.
I was talking to a friend today and he explained to me in detail what the current upgrade is all about. You might know the website was practically inaccessible for a long time and the upgrade, called Hard Fork 20, is a necessary step towards the final goal for the STEEM blockchain; Smart Media Tokens.
Difficulties aside, software issues and all, I’m happy to see things moving along and witnesses cooperating on this launch. It lets me know as I said before, that things will come to pass, and that once again being patient is the one thing that is going to pay off in the end.
I clearly remember having to wait weeks for my account to be approved and thinking to myself that made absolutely no sense. So to me, this change, velocity, is not just a good thing, convenient, it’s absolutely necessary for anything to scale on STEEM, and that is what we all want after all.
At any rate, I just wanted to write a short post on HF20, the first of many I’m sure, to celebrate the upgrade, and celebrate what’s to come.
Very important:
I would really like it if those who read these posts would take their time to support, to upvote those who have taken their time to read, understand and leave meaninunful comments, in the same way that I do. From now on I will stop upvoting those who self vote on their comments, and I would suggest everyone to do the same.
Why? Because believe me: This is how you build a good network, with good people. Like this everyone can win recognition.
If you are new here reading my blog be sure to read the previous post because as I said earlier I am writing a number of them and to understand every context that I wish to teach for everyone it is important that you understand that they are interconnected step by step to build this journey of change of mentality and positivism.
If you read my last three posts you will see that I asked personally for people to learn to support each other, to vote on each others comments with the condition that the comments show effort, and it work incredibly. There are comments with 7,8,9,10 upvotes. That is the spirit of a positive network and I also participate of it when I see people put effort.
I didn't see this happen in my last post so I ask everyone to pay more attention to it and support each other and if you were one of the first to post a comment on the post go back the next day and vote on the good comments that other friends made and have spent their time with you. I would appreciate it if you had this attitude between you.
Don't forget to follow @chbartist and resteem these posts if you like them. The content and conversations could be valuable to someone else, even if you don't know that person.
Wishing you all the best
Hoepfully, Steem can now scale easier..
No real reaction in the Steem price either way.
hf20 was a painful experience for 1 million accounts.
If only development team had paid more attention to reasonable analysis of the situation and code review all these challenges could be avoided
I understand your frustration but if Bill Gates had also paid more attention to revising the windows it would not show you so many blue screens. This is development my friend and is part of the process and users who should report the errors to help the developers in details that may have gone unnoticed by them. Let's go, everything will be alright!
Not to do a simple what-if analysis before rolling out the code is just dumb.
i have not seen a blue screen on windows in years dude what are you talking about. releasing products that make your userbase uncomfortable and literally deactivates them really had a bad effect on the platform. I run a community and out steemit post section has been dry since HF20
most folks moved on to smoke scorum and whaleshares in the case of my community. the steemit team has some work to do as there is an obvious user retention problem.
Signups are also declining monthly, which shows the new user focused approach leaves out the current users and their complaints which have yet to be address by any update.
Sure. It's a great mistake for steemit team thinking there is no competition.
Hf20 is good but in my opinion, they should make reward pool like "weku".
This will encourage new users and steemit will go to the heights
Exactly!
Like weku in what way, specifically?
It means
Weku is a website like steemit.
But at weku, the rewards are best.if you have 5000 wp in weku,you have 20 $ vote.
But here you have .20 $ vote
How much is a WEKU worth?
It is not yet on the market
Hmm. But how is that outsized voting power acheived? Massive inflation? The behind the scenes mechanics are important.
I’m on Weku. What I see are the higher payout numbers— in a currency with no trading value, and reputation scores inflate faster too. It seems like they’ve gamed a few obvious mechanics that Steem users are familiar with, but no one digs deeper into the implications of those changes.
I've seen people earning so much there
It's great that noone of steem valuable member didn't leave after hf.
I won't blame them for it.
Are you sure of that?
Greetings, I hope you find yourself very well ...
HF20 ... I had never been in a significant change of steemit, like this one that was experienced last week ... and I'm going to confess ... I felt very sad and distressed ... I thought I could not continue on steemit because it did not allow me to vote or comment or publish, because it said that I should buy SP ... and wow ... it moved me everything ... STEEMIT, as I have mentioned many times, has been a blessing in my home ... that in my country the salary does not reach for anything, God allowed us to know this great platform, where I could not believe that something like this existed ... ** that they pay you for publishing **, it was like a lie hahaha, but here we are and It's very real, so steemit forms a big part of our income ... In fact it's my job because I'm unemployed since May ... and it's my income ... we had to pay a lot of debts this week, school, services, etc. we covered them with steemit ... then feeling that I could no longer use the platform brought me some anguish ... They told me to be patient ... but there were many negative publications and I was honestly sad ... Thank God everything went back to normal ... I hope that all the changes that STEEMIT will witness, are always positive. Always in advance, in progress. It really is a great platform!
That is awesome that steemit could cover part of your expenses.
Cant wait to do same with steemit, but all the same, I am happy to be in this community, It gives me some level of discipline and confidence that one day, i will be able to better understand and handle my financial obligation better by working it out
That's right, steemit is a blessing from God. Successes!
Hi, good to see you. I understand your anguish but this is part of the financial market. Have you ever wondered who bought bitcoins at 20k about 1 year ago? Reading your words, can I give you a tip? Don't depend just one source of income in your life. Look around and I'm sure you'll find other ways to make a profit. I'm not saying this because I don't believe in steem but because that's a basic rule if you really want to be financially independent in your life. Life as well as business is a balancing game that you have to learn to play. When one side is not very good the other will be balancing the other side. Have you ever seen a building being built just above a stake? Regards
That's right, since last week we started looking for alternatives ... of course, we are new to the world of cryptocurrencies ... here in Venezuela, with this crisis, that issue has been broadened, but really in other times, we heard Not about cryptocurrencies ... and how we should learn from all experience ... we are looking for alternatives ... what I like about STEEMIT that the payment is immediate, unlike others that we have investigated these days and the payments They are more long-term.
By the way, you know some alternatives, in which I do not have to invest ... what can you recommend me? Thanks in advance. :)
Yes,after seeing steemit I too also frustrated,angry and disappointed. I love this platform and started to understand and then steem downtime for a week. For me also cryptocurrency a new topic. And m astonished to see that I didn't have any knowledge regarding this. But last six month as I try to find some alternative way to earn passive income. I found steem.
https://www.blogsthought.com/2018/09/13-legitimate-way-to-make-money-online.html?m=1
From the above site you can find some idea regarding legitimate way to earn some passive income work from home through internet.
Posted using Partiko Android
Thank you very much. :)
Just had a similar experience
Yeah, I think to many, it happened to us
I believe that so long as the Devs gets the formula right for providing reasonable opportunities for people to make posts while also discouraging spamming, confidence in the platform will continue to solidify. Stability, inprovements in ease of use and timely and clear communications from developers as well as Steemit's leadership will also play major roles in the the road ahead. The hiccups resulting from HF-20 should represent a point to take stock in how to improve the upgrade path for future deployments. One thing is clear, the long-term success of the Steem blockchain and the ecosystem surrounding it will depend upon continued innovation; innovation is often accompanied by uncertainty and a degree of adjustment pain. Nevertheless, Steemit has a good opportunity to solicit the community for constructive feedback, engage third-party developers to contribute improvements to the open source code base and grow membership by making it easy to join the platform. Finally, we all should encourage and amply reward those who strive to consistently provide quality content to the community as we will all benefit in the end.
That's right, it caused me anguish last week.
Hello friend, you said exactly everything I think right now. First of all we need to think about building a positive minded network that will help each other as I said in this post and trust the developers I know are working hard to get everything adjusted. The problem is that people are often immediacy and do not understand the complexity of developing a system. The important thing is that people do not forget that behind all this we are in the market for cryptos and there is a valuable token THE STEEM.
Well as far as I can see the idea is great and has my full support. However, Planktons like me need to weight their votes, and there is quite a number of people that feels offended by upvotes smaller than 100%. I truly hope there will be a shift in the minds of the community to be a community, and not only being here for the money.
Posted using Partiko iOS
There is an even more challengeable goal to be on steeme for the money AND being a community still. This is called cooperation.
So true
++++++++
If someone feels offended over receiving a 10% vote from me worth 12 cents, maybe I'm better off giving those votes to people who appreciate it.
We only have so much voting power to go around. In order to help more people, one must split it up and budget accordingly. I get about 10 100% votes to use per day. I can easily turn that into 40 votes, still give just as much away, but to more people. How is that offensive?
Exactly! I agree 100% with you! Regards
Hello friend, don't worry about it. This is because many still not understand the platform that actually has many complexities. I agree that it is a matter of time for them to understand and I particularly want to create a network of positive people and they come to understand that many upvotes smaller than 100% can represent much more than 1 upvote of 100%. Regards
Exactly. I guess I will do a post on that. From Plankton to Plankton. Thanks for your appreciation.
Posted using Partiko iOS
Hi @chbartist , I think @msicc and I may have had encounters with the same sort of people. I won't vote on posts with accumulated reward value greater than a few dollars and not at all on posts that have been promoted with upvote-bots.
I know of several well-established account holders, who do scold plankton for upvoting their posts and are not above hurling accusations of theft as the motive for LIKING their posts. They do understand the platform completely, some are developers, and their attitudes are well-informed. I have a few such encounters documented in the comments of my last post here:
https://steempeak.com/steem-bounty/@justmeagain/why-i-do-declare-it-s-1861-in-the-steem-world-social-experiment-and-a-civil-war-is-unfolding
The HF20 has brought relief to larger account holders from the reward-nibblinng of plankton. Now votes worth less than .02 will have a value of ZERO and will not impact rewards. Plankton can now upvote as much as they want, but they will earn ZERO curation rewards by doing so.
I will refer you to the Dust Vote Threshold Changes section of the HF20 Update linked here:
https://steempeak.com/steem/@steemitblog/steem-velocity-hardfork-hardfork-20
I have limited commenting credits, so I may not response quickly to your reply, but I did want to make sure that we all understand the HF20 changes and what we should expect from the Steemit platform from now on.
this sucks because its the plankton that need the rewards. It seems steemit make moves to support the folks with over 1,000 Steem which many simply do not have. now the small holders are earning even less and will likely fall off from lack of rewards esp since they will lose out now that their votes wont earn them anything....
it always ends up becoming a plaything of the rich no matter how benevolent it starts off..
I came across the following statement while searching out the perspectives of more established Steemit users:
My impression is that the new, but undeclared, objective is to STOP FEEDING THE MINNOWS. I think management aims to clear out the bottom tier and reclaim rewards that have been spread too thinly and broadly. This is the 'dust' that I think they are going to start sweeping up. The plagiarism bots have been sweeping up a lot before rewards reach payout, but I think they've just dialed up the program with HF20. The work-in option for joining, as explained in the White Paper, is effectively abandoned. Joiners either buy-in or they are sponsored by existing member delegations. I presume they met their membership goals and now it's time to shut the door. It's an 'Exclusive Freemium' now. Those are my conclusions after examining the evidence, spread around the platform.
Still, I don't see the means for achieving an ROI, with or without small accounts. Investors put their USD into STEEM, which is converted to SP and the currency circulates in a closed system. It doesn't earn real value. Profit is made through the pump and dump game. Anyone who bought at $4 or more has lost $3 USD, given the current price of STEEM. They can hold out for a return to higher prices, but the trend line doesn't look promising. The company wins if it fails, because they are holding your $4 USD.
There's something funky with the latest pumps that even the article authors find bizarre...They don't look organic. Rather they seem to be orchestrated, or the act of a single huge investor. I suspect existing investors are recirculating their cashed-out funds.
What are your thoughts on this?
I would really love to but with HF20 and its restrictions, our RC as I was made to understand can permit just 3 activities and then we shall wait for 5 days before we can perform another 3 activities again.
I just hope things would go back to the way it was
At first i thought of steemit as platform which belongs to only those with enough SP, thus, they can vote for themselves and they can be the only ones who keep on gaining. @chbartist you are bringing a good initiative on board that will make the social media tag attached to this platform meaningful. Thanks for the update on the HF20 as well. Stay awesome
Thank you my friend! Success!
Cheers bro.
This is literally the first time I read something positive and uplifting about the current situation on steemit, I just landed here few days ago (in the middle of the hardfork) and all I've seen and heard in the chats is that it wasn't worth and all that. I was completely lost because I barely understood what was going on... but to be honest I just wanted to share some thoughts and collages and all that negativity got me a bit scared, then I ignored all that stuff and decided to give it try... and here I am (: Thank you for the explanation about what's going on and for staying positive. I have no idea how steemit used to work before but right now I'm having fun.. and reading/learning A LOT. I agree, maybe is a small sacrifice that had to be done so the platform can evolve.
Thanks again, it's been enlightening ✧
Hello, I can tell you briefly what is one of the most significant changes on the platform. One of the things that have been changed in the code is to prevent the practice of spam. Do you know those automatic comments from the like: Amazing Post, I always follow you, how others like this? The new code sets a limit to this and this is very good for everyone. Regardds