Steemit.com: Blogging is the new Mining

[ingiltere]

This is disrespectful to real users and against crypto-currency scene. You offer freedom but you don't even let people sign up. There is no mention that sign ups will be manual, why don't you at least put some notification message? It looks like I stopped using Steem before even started. I'll go on with Medium again. Failed project.

[KattZ]

Bold move to stop the sign up process when there is not really any user growth (see https://steemd.com/) - and considering the fact that a lot of the "new" users are bot accounts to vote on posts

[xmrlove]

Bold move to stop the sign up process when there is not really any user growth (see https://steemd.com/) - and considering the fact that a lot of the "new" users are bot accounts to vote on posts

Keep in mind folks you can still create accounts on the STEEM blockchain through this ANON STEEM service .... steemit is only one "wallet" interface ... : https://steemit.com/steemit/@neoxian/reminder-for-new-users-wanting-to-sign-up-anonsteem  

[bitcoinvestor]

looks great and works smoothly .. looking forward to see even more content on-chain!

Yes, look great, but after I join about two weeks , I was confused about the reward system. Is the pay out in 7 days means will be pay out every seven days for posting? If yes, That' will be long term investment.

[smooth]

looks great and works smoothly .. looking forward to see even more content on-chain!

Yes, look great, but after I join about two weeks , I was confused about the reward system. Is the pay out in 7 days means will be pay out every seven days for posting? If yes, That' will be long term investment.

Posts pay out 7 days after they are created. It is a rolling schedule, every new post has its own payout time.

Also note that due to some unanticipated effects of the last hard fork, post rewards are still going through a ramping up process and are at about 35% of their target level. That should continue to work though over the next several weeks (or probably faster if another the next fork is deployed sooner).

[xmrlove]

looks great and works smoothly .. looking forward to see even more content on-chain!

Yes, look great, but after I join about two weeks , I was confused about the reward system. Is the pay out in 7 days means will be pay out every seven days for posting? If yes, That' will be long term investment.

Posts pay out 7 days after they are created. It is a rolling schedule, every new post has its own payout time.

Also note that due to some unanticipated effects of the last hard fork, post rewards are still going through a ramping up process and are at about 35% of their target level. That should continue to work though over the next several weeks (or probably faster if another the next fork is deployed sooner).

you make the fork come soon ?

when will fork it come?

[smooth]

looks great and works smoothly .. looking forward to see even more content on-chain!

Yes, look great, but after I join about two weeks , I was confused about the reward system. Is the pay out in 7 days means will be pay out every seven days for posting? If yes, That' will be long term investment.

Posts pay out 7 days after they are created. It is a rolling schedule, every new post has its own payout time.

Also note that due to some unanticipated effects of the last hard fork, post rewards are still going through a ramping up process and are at about 35% of their target level. That should continue to work though over the next several weeks (or probably faster if another the next fork is deployed sooner).

you make the fork come soon ?

when will fork it come?

1. I'm not a Steem developer, so I have nothing to do with it, just reporting.

2. There is not even a release candidate yet so it will still be a while. Watch here: https://github.com/steemit/steem/releases

[mr001]

i just signed in, but i got this error: "Username does not exist"

[forzendiablo]

looks great and works smoothly .. looking forward to see even more content on-chain!

Yes, look great, but after I join about two weeks , I was confused about the reward system. Is the pay out in 7 days means will be pay out every seven days for posting? If yes, That' will be long term investment.

Posts pay out 7 days after they are created. It is a rolling schedule, every new post has its own payout time.

Also note that due to some unanticipated effects of the last hard fork, post rewards are still going through a ramping up process and are at about 35% of their target level. That should continue to work though over the next several weeks (or probably faster if another the next fork is deployed sooner).

35%? when will it be 100% or so? doesnt sound fair to me at all to cut stuff by 65% right away.
how does this work now?

[szafa]

Want to start blogging but dont know how to start.

[Jumanji7]

1) What info does Steem ask for to register an account with them?

2) Is Steem uncensored? Nobody can remove my posts there?

3) Can I connect to Steem with Tor?

4) Do I have to pay anything to post articles on Steem?

[testz]

1) What info does Steem ask for to register an account with them?

2) Is Steem uncensored? Nobody can remove my posts there?

3) Can I connect to Steem with Tor?

4) Do I have to pay anything to post articles on Steem?

1) AFAIK verified FB or Reddit account or you can use this service in order to create completely anonymous account https://steemit.com/steemit/@someguy123/anonsteem-create-anonymous-steem-accounts-without-social-media
2) Yes, no one can remove your post from Steem blockchain.
3) Yes
4) No

[smbbm]

1) What info does Steem ask for to register an account with them?

2) Is Steem uncensored? Nobody can remove my posts there?

3) Can I connect to Steem with Tor?

4) Do I have to pay anything to post articles on Steem?

1) AFAIK verified FB or Reddit account or you can use this service in order to create completely anonymous account https://steemit.com/steemit/@someguy123/anonsteem-create-anonymous-steem-accounts-without-social-media
2) Yes, no one can remove your post from Steem blockchain.
3) Yes
4) No

1) It was apparently changed. Now you need email and phone

Enjoy!

[tobeaj2mer01]

Is there a QQ group for Steemit?

[smooth]

1) What info does Steem ask for to register an account with them?

2) Is Steem uncensored? Nobody can remove my posts there?

3) Can I connect to Steem with Tor?

4) Do I have to pay anything to post articles on Steem?

1) AFAIK verified FB or Reddit account or you can use this service in order to create completely anonymous account https://steemit.com/steemit/@someguy123/anonsteem-create-anonymous-steem-accounts-without-social-media
2) Yes, no one can remove your post from Steem blockchain.
3) Yes
4) No

1) It was apparently changed. Now you need email and phone

Enjoy!

You didn't read the link. With anonsteem you can create a completely anonymous account (including registering over Tor). You just have to pay for the account using BTC. To get a free account you have to provide more info to deter abuse by mass registration/farming of free accounts.

Every account needs some minimum amount of STEEM coins in order to function. When you get a free these coins are given to you. If you don't want the free coins (for which you have to give up your info), then you can pay for the account (and coins).

[cryptograb]

whats the reason for the price increase?

[CrackDown]

i visit here, just want to know why the price is rocketing ?

ane other feature or innovation ?

[smooth]

i visit here, just want to know why the price is rocketing ?

ane other feature or innovation ?

Not really. There have been many feature improvements and the next big one planned is sub communities (somewhat like subreddits but with some new twists). However, none of that is going on right now, mostly just lots of coins getting pumped.

[tokeweed]

Smooth, I trust your opinion more than the DPOStards, so I'll ask you something.  I have heard the rhetoric before but I wanna here this from you as a developer of POW coins.

What are the pros and cons of DPOS if compared to POW?  They say it's more efficient and the transaction throughput is potentially way way more than what any POW coin can ever make.

Please comment.  Thanks.

[smooth]

Smooth, I trust your opinion more than the DPOStards, so I'll ask you something.  I have heard the rhetoric before but I wanna here this from you as a developer of POW coins.

What are the pros and cons of DPOS if compared to POW?  They say it's more efficient and the transaction throughput is potentially way way more than what any POW coin can ever make.

Please comment.  Thanks.

Yes, on-chain scalability is much easier because the block times are regular (every three seconds in the case of Steem) so you don't have the orphan issue that you have with POW coins if you try to make the block times very short. Similarly, there is an expectation that all of the delegates/witnesses are running in data centers. So there really is no issue with massive transaction rates and even things like putting votes on a blockchain (to a point). Steem currently has 65K blocks and with 200 blocks per 10 minutes that's the equivalent of 13 MB bitcoin blocks. I have little doubt the system could handle that easily, and even quite a bit more (witnesses can vote to increase the block size). Some problems do arise though, such as the archival blockchain becoming massively large and hard to manage.

(As an aside I don't know that I would agree it is more than "any POW coin can ever make". For example, systems like Bitcoin-ng or variants of it could probably deliver similar throughput with a slightly different set of tradeoffs.)

This results in a very large inherent degree of physical centralization since essentially the whole coin is running in data centers (I don't know the numbers but I would not be surprised if 80% or more of the witness nodes were at just a few hosting/cloud companies. If someone wants to try to shut down the coin and goes after the data centers, things get messy. Yes people can run nodes at home or in crappy data centers but throughput and reliability will take a big hit.

Also, stake is pretty centralized and all voting systems are further centralizing (51% of votes gives you 100% control, and even, for example, 49% is usually 100% control in practice). So whales run the coin to a large degree, more so than PoW coins that are kind of an angry mob, for better or worse. At present steemit could exercise total or near total control over all witness slots by voting (though the company and most of their devs voluntarily don't vote).

I don't think any PoS systems, DPoS included, are all that good at distributing new coins. It tends to reduce to a form of interest (liquidity-damaging) or stock split (meaningless), or worse, redistribution toward the richest (sort of anti-distribution). Steem might be a bit different, at least for a while, because it isn't trying primarily to be a monetary system but a communications platform with some monetary features. There is incentive for the whales to (sort of altruistically) distribute coins as platform rewards because it helps grow the user base and theoretically the coin value. If the growth stops (for an extended period) then there might be more problems. The market might foresee these problems and resist a higher valuation even with more users. It is hard to say (we've never seen a DPoS coin grow and retain very high market value).