Steemit.com: Blogging is the new Mining

[Chol_gol]

I was looking to find a good windows / android wallet for steem.
any help???

[1714000337]

1714000337

[1714000337]

1714000337

[vl248]

I was looking to find a good windows / android wallet for steem.
any help???

Binance App

[yonton]

Vote for steem to win a 30k usd listing!

http://contest.gonetcoins.com

[lonesomestranger]

SMT Development Update: 2nd Burnup

Hello Steemians, we’re back this week with news on the latest progress toward SMTs. The team is getting back in the groove and has completed two user stories this week. In addition to these weekly reports, you can follow along on our GitHub project organization and tracking system for SMT development which is (usually) updated daily.

SMTs are going to be the oxygen of the crypto world. Learn more about our latest progress on SMTs here: https://steemit.com/smts/@steemitblog/smt-development-update-2nd-burnup

[r1s2g3]

--snip--

Are you a developer?

Vote for steem to win a 30k usd listing!

http://contest.gonetcoins.com

Cngratulations!  Steem won this listing.

HF20 done, SMT is due in 2019, just wondering whether steem is good bet or not?
Read some articles that says dan and ned are not in good terms and dan is preparing to giving blow to steem.

[lonesomestranger]

Great explanation of resource credits for beginners: Steem Basics: Resource Credit System for Beginners by @steemitblog

Steem’s Resource Credit system is a state-of-the-art, market-based system, which ensures that the amount of resources consumed by users is sustainable and scalable by requiring that those who consume the most resources have the most skin-in-the-game.

Read on Steemit: https://steemit.com/steem/@steemitblog/steem-basics-rc-system-for-beginners

[GlobalProtection]

If you open the Vessel Wallet for STEEM and attempt to start off with a new username, the checking process to make sure the username is not already taken goes on forever.

How to open an account with the Vessel Wallet and get a new username without the checking process lasting forever?

Please help.

Thanks.

[lonesomestranger]

If you open the Vessel Wallet for STEEM and attempt to start off with a new username, the checking process to make sure the username is not already taken goes on forever.

How to open an account with the Vessel Wallet and get a new username without the checking process lasting forever?

Please help.

Thanks.

Maybe it could help you some articles written on this topic, about Vessel Wallets! There are some interesting ones, on Steemit, and you may be able to find the answer you need https://steemit.com/steem-project/@jesta/vessel-pre-release-looking-for-feedback !

[tendy263]

I find steemit a bit ''stiff'' and too rigid in its rules for someone who may just want to run a blog like we used to do with medium. Why should I power up to be able to post as much as I like?? Its like paying to be able to blog. The earning are not that great also and with the advent of bots upvoting posts, it seems like the system is not fair as the content is not upvoted on merit.

[digital_mine]

I find steemit a bit ''stiff'' and too rigid in its rules for someone who may just want to run a blog like we used to do with medium. Why should I power up to be able to post as much as I like?? Its like paying to be able to blog. The earning are not that great also and with the advent of bots upvoting posts, it seems like the system is not fair as the content is not upvoted on merit.

Old story here, but yeah the new RC system is not so fair, it looks like it is good just for the whales, so they can play around the network without the bother of the small/new users

[tendy263]

I find steemit a bit ''stiff'' and too rigid in its rules for someone who may just want to run a blog like we used to do with medium. Why should I power up to be able to post as much as I like?? Its like paying to be able to blog. The earning are not that great also and with the advent of bots upvoting posts, it seems like the system is not fair as the content is not upvoted on merit.

Old story here, but yeah the new RC system is not so fair, it looks like it is good just for the whales, so they can play around the network without the bother of the small/new users

True, not everyone is a whale and not everyone has funds laying around that they can use to power their account so that their content can be seen and earn. Content should not need to be backed by money but rather good content should be rated/upvoted according to merit. The current set up seems like a pyramid scheme!

[lonesomestranger]

Interesting article - Crypto Will Go Mainstream in 2019: Here's Why by @bchainbastards

When thinking about the most important paradigm shifts of the 21st century the list certainly starts with the internet. For a long time, however, it seemed to only be useful to the tech savvy. It was only with internet 2.0 and the advent of social media and the user’s ability to create their own content that we started to see mass adoption penetration.

Read more: https://steemit.com/crypto/@bchainbastards/how-crypto-will-mainstream-in-2019

[r1s2g3]

Any idea why steem is losing its monetary value as compared to SBD?

[sharpshot]

Any idea why steem is losing its monetary value as compared to SBD?

SBD is designed to be more stable than steem.  The peg to USD isn't strong though, so it has gone much higher and now, lower.  SBD is currently pegged to steem.  Its all quite complicated, but I read about it here https://steemit.com/steem/@buggedout/steem-dollar-peg-to-usd1-usd-is-broken-again-but-not-how-you-might-think

[sharpshot]

I find steemit a bit ''stiff'' and too rigid in its rules for someone who may just want to run a blog like we used to do with medium. Why should I power up to be able to post as much as I like?? Its like paying to be able to blog. The earning are not that great also and with the advent of bots upvoting posts, it seems like the system is not fair as the content is not upvoted on merit.

Old story here, but yeah the new RC system is not so fair, it looks like it is good just for the whales, so they can play around the network without the bother of the small/new users

True, not everyone is a whale and not everyone has funds laying around that they can use to power their account so that their content can be seen and earn. Content should not need to be backed by money but rather good content should be rated/upvoted according to merit. The current set up seems like a pyramid scheme!

I don't agree.  There's lots of curators that look for good content and upvote it.  Lots of people delegate their steem power to new contributors too.  It can be hard to get noticed at first but keep making good content and you will be.  Interacting with the community helps as well.

[erwan]

Ned Scott, CEO of Steemit, announced that it is laying off approximately 70% of its employees. This step was taken in connection with the weakening of crypto prices that occurred lately.

[sharpshot]

I like that Ned was honest.  He's working on something that he thinks is big, I hope it will be but I'm sure Steem will do well anyway.  I'll just carry on playing Steem Monsters until this bear market is over

[siddartha1492]

That's actually a pretty bad and scary news. I have never heard any legit blockchain project laying off 70% of their project, especially when there is so much to develop. Ned says the company doesn't have enough money to even handle nodes. That sounds like they are in deep water now. SMT which was supposed to be their main booster for "to the moon" and adoption has also been delayed for who knows how long. But the thing that surprises me is that how they didn't make the most of during the bull run in Q1-Q2 this year.

Let's see how this one goes.

[sharpshot]

That's actually a pretty bad and scary news. I have never heard any legit blockchain project laying off 70% of their project, especially when there is so much to develop. Ned says the company doesn't have enough money to even handle nodes. That sounds like they are in deep water now. SMT which was supposed to be their main booster for "to the moon" and adoption has also been delayed for who knows how long. But the thing that surprises me is that how they didn't make the most of during the bull run in Q1-Q2 this year.

Let's see how this one goes.

I bet a lot of cryptos are in a similar position but they're less open about it.  Steemit Inc. isn't Steem.  Ned doesn't fill me with confidence but there's a huge community using the Steem blockchain and I think they will make sure that the problems with Steemit Inc. wont harm Steem.  If Steemit Inc. just concentrate on SMT's, it might not take that long, as a lot of the work is already done.  One good thing is that they wont have to keep selling Steem to pay all those staff.  I'm sure that's been one of the reasons why Steem has fallen further than some coins.

[smooth]

That's actually a pretty bad and scary news. I have never heard any legit blockchain project laying off 70% of their project, especially when there is so much to develop. Ned says the company doesn't have enough money to even handle nodes. That sounds like they are in deep water now. SMT which was supposed to be their main booster for "to the moon" and adoption has also been delayed for who knows how long. But the thing that surprises me is that how they didn't make the most of during the bull run in Q1-Q2 this year.

Let's see how this one goes.

1. The blockchain developers didn't get laid off.
2. They have $30 million worth of STEEM left in public company accounts. https://steemit.com/@steemit/transfers https://steemit.com/@steem/transfers https://steemit.com/@misterdelegation/transfers
3. Costs apparently got out of way out of control due to being overly optimistic about high crypto prices earlier this year and having lofty goals. Not so good, but good that they caught it before all the funds were gone and decided to downsize
4. Nodes were very expensive, costing them $2 million/year. They are working on optimizing the costs. Plus really they should encourage other people to run their own nodes. I've never heard of another project that pays for everyone else's node.

I bet a lot of cryptos are in a similar position but they're less open about it.

Pretty sure you are right.

One good thing is that they wont have to keep selling Steem to pay all those staff.  I'm sure that's been one of the reasons why Steem has fallen further than some coins.

Agree, but remember there is still the other 30% and still a lot of non-employee costs (office, travel, legal, operations for the web site, etc.)