I just took a gander into your account smooth...You've been there for a while...did you create account programmatically and have them watch against main content to vote with yourself? I've seen that some posts gain the equiv. of 4K dollars with a few hundred votes and others that have thousands of votes with the same amount, I see that there are a few accounts, smooth-a, smooth.witness that each have millions reserved in steempower. Doesn't that mean that you can just post content, then use those alts to upvote it and essentially print free money? Also, they'll look at hot or trending for the upward gain in price then sort of propel themselves if upvoting some reasonably good content?
Breaking up steem between different accounts is actually a disadvantage in terms of voting (only a small one given the current rules though, used to be bigger). It offers no advantages. Most of my different accounts serve no real purpose at this point. During initial mining it was necessary to have multiple accounts. The witness account runs the witness node, which I wanted to have different keys since they have to be hot, so I broke that one off from my main account completely. |
|
|
|
They are having serious scaling issues with the servers for Steemit, as evident by the frequent failed loading of pages. They are using nginx so it probably isn't the webserver s/w choice and is probably either their load balancing cluster design and/or DDoS attacks. Does anyone know?
DDoS. They are in the process of improving countermeasures. I don't know enough about their web back end to say whether there are scaling issues as well. I am still not yet convinced about the risk of holding for 2 years the SP. The long-term funding model and transitioning the usership to motivations other than earning a living from blogging is a complex analysis that I need to think about a lot more in detail.
Bear in mind the average holding period is one year, not two. |
|
|
|
I have a few questions about the Steem / Steemit system. I have already searched for answers, but maybe I'm too stupid to find them:
- Where is the content from the Steemit blogposts/comments saved? In the blockchain or at steemit? (If in the blockchain: What about the images? I think I found the answer, they are integrated from external services) Post content is stored on the blockchain, but that is just the base text. Any embedded media would be links that are part of the text. - Is it possible to integrate Steem (not Steemit) as a reward system in other websites? (At http://steem.io there is a paragraph suggesting this, but I didn't find any content for this topic) Yes it is possible, though nothing like that has been implemented afaik. - Will Steem be open source in the future? If you are referring to the restricted (no forking) license, I don't think they have made any statement about that. If not, then the source for the blockchain is here: https://github.com/steemit/steemThe web component is planned to open source according to Steemit. They haven't given a timetable for that. |
|
|
|
Editing for errors or clarity is good (be aware that editing after payout is currently disabled), but I would suggest that follow-on topics like game theory attacks be new posts. That not only will likely earn you more but it is more friendly to the reader who doesn't need to go back to already-read posts and read edits. When does payout occur? Do I have to elect it? 24hrs after posting. 24 hours after post or when activity stops, whichever is later (yes there are rules to prevent trivial activity from delaying payout indefinitely). Can you more precisely define 'activity'? Does it include new comments or just new votes? IIRC votes, but I'm not positive. Does your knowledge come from studying the source code or asking questions to key people?
Both, but in this particular case I haven't studied the source code for this, especially not since it has been modified a few times (I reviewed most of the Steem-specific portions of the code during the early mining period). My answer in this specific case comes mostly comes from remembering one the release notes or announcement for some version that modified the behavior. |
|
|
|
Roadmap
April 26, 2015 - new roadmap announcedMobile-friendly PoW and block time (released) GUI wallet (in progress) 32-bit and ARM support (released, but requires low memory footprint below) Low memory footprint (in progress) Signature trimming
Blockchain pruning (test release available)Multisig and payment channels (instant payments) ELI5 signature trimming and how it relates to pruning please Trimming allows syncing without transferring the old (pruned) signatures. The current pruned node still transfers them but then throws them away instead of storing them. This would also allow syncing from one pruned node to another. Currently only full unpruned/archive nodes can sync to another node. |
|
|
|
Aha... nice.
What happens if someone upvotes, say, a two week post? Does the author get paid for it, or payments finalize when activity stops and payment goes out?
Upvotes after payment start a new 24+ hour cycle. Voters are not rewarded after the first payout, but authors are. |
|
|
|
abandoned ?
No. Working fine, so no bug fixes required since the last one. If more fixes are required, they will be provided. Future development plans are under consideration. As I stated (maybe it was the Speculation thread?), I will make an announcement in approximately two weeks. Any updates? New roadmap still under development to be released Soon(TM) |
|
|
|
Editing for errors or clarity is good (be aware that editing after payout is currently disabled), but I would suggest that follow-on topics like game theory attacks be new posts. That not only will likely earn you more but it is more friendly to the reader who doesn't need to go back to already-read posts and read edits. When does payout occur? Do I have to elect it? 24hrs after posting. 24 hours after post or when activity stops, whichever is later (yes there are rules to prevent trivial activity from delaying payout indefinitely). |
|
|
|
Editing for errors or clarity is good (be aware that editing after payout is currently disabled), but I would suggest that follow-on topics like game theory attacks be new posts. That not only will likely earn you more but it is more friendly to the reader who doesn't need to go back to already-read posts and read edits. |
|
|
|
nope. it is the second hack !
No some accounts did not change their passwords, besides the billion warnings posted all day. the hacker cleaned those leftovers today. steemit.com is now in maintenance mode My account was in the first round of hacking - but looking at it, it looks fine. I just can't log in with my master key. From what I understand, someone posted a page with an XSS exploit - and anyone who browsed that page became compromised. My account got frozen on Friday (the first round). So I think I'm OK if only I could figure a way to get back in. I think they are doing a hard fork at 15:00 UTC today and hopefully that resolves things. Try after the fork, and there will probably be more announcements, but as I understand it at this point, you need to contact steemit support and they will help you recover the account. |
|
|
|
Indeed I know we've seen blocks trigger the penality, but we haven't seen a movement out of the median.
We have on multiple occasions. Not with the sort of smarter algorithms that ArticMine discusses though. I'm not sure I agree we can ignore miner optimization. Such behavior may affect the overall incentives. Transaction creators and miners are in a sort of conversation, with fees as the language. You probably can't understand one side of this conversation, or the conclusion of it, without considering the other. miner optimization as in miners creating better algos to include transactions in blocks to reap most reward? So this gives us some choices - we either think of the most optimal block inclusion algo based on the parameters set in place by the auto-fee adjuster (can we give this thing a name?), or we make the auto-fee adjuster parameters such that gaming them doesn't totally bork the system. In either case, you still have to consider what strategies might be used. |
|
|
|
Indeed I know we've seen blocks trigger the penality, but we haven't seen a movement out of the median.
We have on multiple occasions. Not with the sort of smarter algorithms that ArticMine discusses though. I'm not sure I agree we can ignore miner optimization. Such behavior may affect the overall incentives. Transaction creators and miners are in a sort of conversation, with fees as the language. You probably can't understand one side of this conversation, or the conclusion of it, without considering the other. |
|
|
|
What is the "recommendation engine"? Please define new terms.
Recommendation engine is a generic term: https://en.wikipedia.org/wiki/Recommender_systemDan made a post about the specific algorithm he used, but I wouldn't guarantee that the post matches the code. The code is the only real specification. So why did you disagree above. Because of the tension between the monetary incentives and the utility incentives of the recommendations for one thing. For another, the recommendation system in Steem was't addressed in my post. I think it probably didn't exist at the time, but I don't precisely remember (the post includes some comments about the concept as a potentially viable direction to explore which suggests that it didn't). |
|
|
|
There is no tension there. My conclusion is clear that a voting system can't measure subjective quality. You apparently agree. There is a recommended posts feature that uses collaborative filtering on your own votes to find posts of (likely) particular interest to you, but the UI of the site doesn't make it obvious. The existence of this feature (if people actually saw it and used it) undermines my point to an extent. If you are a regular user of the recommendation engine, your incentive is to vote for what you actually like, to make the engine work better. |
|
|
|
I signed up so I can write some frank blog posts and see what sort of reception they get: https://steemit.com/@anonymintApparently login is disabled at the moment, so I can't post a blog. It seems they fixed the bug I reported in this thread yesterday and now I see the total balance for 10 SP estimated to be $28. It isn't a bug entirely, though maybe undesirable behavior. The blockchain uses a 7 day median price feed. Given the enormous price increase it was lagging. That usually won't be the case. The original "bug" (source of confusion for n00bs) I reported here was that it was displaying the estimated price per SP, not the estimated total balance in dollars. That seems to be fixed. It wasn't! The feed was off by a factor of 10 at one point, after the price rose by factor of 10 over a few days. Next they need to display the estimated balance in the local currency. Some people can't convert dollars to local currency in their head. Display currency should also be selectable.
Good idea. |
|
|
|
-
Basically what I mean by this is that posts of higher quality generally gets more votes than those of lesser quality.
The problem is that dan, ned and smooth decide what a quality post is. And so far they have decided that boobs and steem praise is a quality post. That's not exactly true. I don't vote for Steem praise more or less ever (I think circlejerking is absolutely bad for the platform) and sometimes downvote it. Dan downvoted the girlsgonesteem-nsfw posts. After the July 4th payout there are many more users with stakes that matter. Not as much as Dan or me in a particular instance, but given that I don't even vote much they may matter more overall. There is a sort of evolving consensus about what is 'good' content for the site. Both whales and less-stacked users matter in that consensus. |
|
|
|
I signed up so I can write some frank blog posts and see what sort of reception they get: https://steemit.com/@anonymintApparently login is disabled at the moment, so I can't post a blog. It seems they fixed the bug I reported in this thread yesterday and now I see the total balance for 10 SP estimated to be $28. It isn't a bug entirely, though maybe undesirable behavior. The blockchain uses a 7 day median price feed. Given the enormous price increase it was lagging. That usually won't be the case. Why did I receive 10 SP tokens and my gf's sister received only 5 SP yesterday? Did they increase the signup bonus? If they did, maybe they are trying to improve the attrition rate by giving newbies more incentive to not abandon their 10 SP.
I have no idea. There is a minimum account balance as a consensus value but it is actually lower now, not higher. |
|
|
|
smooth, why don't your double your investment in SP from $5 million to $10 million and show us that you really believe in the long-term plan? Btw, what is the long-term plan  Who ever invested in a company for the long-term and there isn't even a prospectus.  1. It would be silly for me to increase my investment, even if I think it is a great investment. I stated earlier that $5 million wouldn't dramatically change my life but it isn't pocket change for me either. For diversification reason alone it makes no sense for me to further concentrate. A better argument would be to look at people with smaller stakes in Steem and see if they invest more. As I see it, many have, but you pointed out earlier that it could be fake. I can't conclusively refute that, so I won't try. 2. Buying Steem/SP is not investing in a company, it is investing in a blockchain token (rhetoric about DACs/DAOs aside). Such a decision needs to be made based on an assessment of the prospects for the value of that token, which may be related to the prospects of the Steemit corporation, but are not identical. Your assessment is obviously negative. Mine is more neutral to mildly positive but not so positive I would double my already significant investment, and I also would hardly be surprised if it failed completely. |
|
|
|
I've just joined steemit. it looks nice. but I don't understand why he pay users to just create some posts. even it has no advertisements and sponsors.? then how could we earn steem money with posting?
I know an another social network like this called: empowr.com which is pretty much similar to steemit. but their payment system is in $$.. I am pretty much sure empower is scam. but don't know about steamit.
Steemit doesn't pay in real dollars, it just displays it as an approximately dollar value. The payments are in cryptocoins from the blockchain (one of which is a dollar-pegged coin). The payments to bloggers are new coins like mining, hence the tag line 'blogging is the new mining' One could say that the 'mining difficulty' is low now, so the blogging payments are high (for some popular posts; many in fact get zero). As more join the 'difficulty' will go up and payments will probably drop. |
|
|
|
Anyone know how to resolve mining problem 2807584ms th_a fork_database.cpp:41 push_block ] Pushing block to fork database that failed to link: 0030dedf9d036bf46c561cef34529059661d834f, 32 02783 2807584ms th_a fork_database.cpp:42 push_block ] Head: 3202773, 0030ded5dd067fe75498b5badc9ca1b16dfcfe38 2807584ms th_a application.cpp:442 handle_block ] Error when pushing block: 3080000 unlinkable_block_exception: unlinkable block block does not link to known chain {} th_a fork_database.cpp:62 steemit::chain::fork_database::_push_block {"new_block":{"previous":"0030dede2634ed7469acf226cb5f3a5358a493eb","timestamp":"2016-07-14T23:06:06","witness":"steemit3","transaction_merkle_root":"0000000000000000 000000000000000000000000","extensions":[],"witness_signature":"1f016e65e27c3fac50ce45556c94752d479811c2d50c54ee0b455e0afd8eb4036d25d060ae2fbcc 2310ffc557563b31507b53264803 e16f45d632c3f61d64b0036","transactions":[]}} th_a database.cpp:537 steemit::chain::database::push_block::<lambda_824f109362864823e8529d65b634e20b>:  )::<lambda_f997e4c962d5637a487c475147bf64f9>::operator () 2807600ms th_a fork_database.cpp:41 push_block ] Pushing block to fork database that failed to link: 0030dee01606fb126a174f694fa92cd821405d43, 32 02784 2807600ms th_a fork_database.cpp:42 push_block ] Head: 3202773, 0030ded5dd067fe75498b5badc9ca1b16dfcfe38 2807600ms th_a application.cpp:442 handle_block ] Error when pushing block: 3080000 unlinkable_block_exception: unlinkable block block does not link to known chain {} th_a fork_database.cpp:62 steemit::chain::fork_database::_push_block {"new_block":{"previous":"0030dedf9d036bf46c561cef34529059661d834f","timestamp":"2016-07-14T23:06:09","witness":"steemit15","transaction_merkle_root":"000000000000000 0000000000000000000000000","extensions":[],"witness_signature":"200f895b6c2d08dd9f4ca36cd6d205326d9d3e67e9ca7b17cd10da7ef6b6d7812b13c90ed8d045e 5161ddb7ad0a82dfd81e0e9f895 0de98cf306356377a0ce1b97","transactions":[]}} th_a database.cpp:537 steemit::chain::database::push_block::<lambda_824f109362864823e8529d65b634e20b>: )::<lambda_f997e4c962d5637a487c475147bf64f9>::operator () 1. Make sure you are running the current version 0.10.0 2. Start with --replay. If that still fails, --resync (much slower) |
|
|
|
|
Show Posts
