Topic: Someone please make a steem clone - page 3. (Read 14356 times)

This pretty much sums it up nicely. Even cheap lotto tickets are not viral, but boring.

But at least Steemit continues to expand their very detailed stats...
And has stabilized at 4-5K daily users (of which about 1K are multiple or bot accounts)...
So we are talking 3,500 daily users... almost certainly more than use Ethereum daily.

Dan can kill off God and spout all the faux "revolutionary" rhetoric he wants...
But unless he deprecates the offensive, elitist Whale Culture by HF some form of redistribution...
Steemit's fatal flaw will dead-end the platform (and decimate the value of whale accounts).

FYI, the untruncated history is here, which can also be employed for any Github user. Although it is not as real-time as the quoted link.

Still coding.

My new code is of course in a private repository.

No1 USE  MASKNETWORK!!!


I just lost all my coins on there.  MY addressees just vanished.  After I had bought some coin.  How convenient! What a scam..  EVERYONE STAY AWAY FROM MASKNETWORK..  I thought it was legit but they took all my coins.

What about Synereo? An opinion on this? I know it's a different platform, but I believe they have similarities.
I believe that users may be rewarded in some way using the platform, but correct me if I'm wrong.

Are you missing an @ there?


I wrote the following in private today:

"... Steem is likely to morph into other things, except my concern is that the problem is the game theory over the competition for rewards. Really who has the incentive to go build massive ecosystem projects on top of Steem blockchain, when the concentration of control and ownership is so skewed. So it seems the economics is going to continue to drive whales towards extraction, although they will need to obscure their activity behind sockpuppets and even convince themselves they are doing good with ideological BS such as that recent blog post @dantheman wrote.

Also regarding #1, I think it is likely that as it becomes apparent that there is no viral onboarding, then the push to extract (while hiding it) will become greater. For as long as there exists some hope, then the cohension is maintained somewhat. But as the reality becomes more stark, then the rational activity is to try to not be the last one who didn't maximize extraction of value. That is just game theory. If one whale defects, then the others must too, unless they can detect his defection and nullify it. Any way, it is going to be an interesting experiment.

Obviously if  a whale is successfully hiding his extraction, then perhaps there is no additional push for those who are unaware and blissfully not maximizing extraction...

@misgivings might be an extraction sockpuppet.

Blogging can't be the main economic activity, because blogging doesn't comprise significant value for the user. There is an oversupply of blogs, and it is not the case that users will ever pay to read a blog."


To elaborate, any app you want to build on top of Steem, will suffer from its content reward economics being controlled by the same whales.


Why would anyone think a clone of the same Trojan horse game can be hoisted again against Steem and its significant momentum? The crypto faithful aren't going to leave Steem to go do the same activity on a clone (which doesn't even rectify the distribution problem among other aspects).

If you want to challenge Steem, you need to innovate.

Ya know, STEEM is only trading at only 300% of June levels when no one had heard of it...
Considering how much smooth, professional progress they've made since then...
And the upcoming HF 14 and 15 which includes built-in escrow and enhancements for sidechains/subchains...
STEEM is not exactly expensive anymore.

http://coinmarketcap.com/currencies/steem/#charts

Again, the "blogging" is worthless and a Trojan Horse...
Any app can be (easily) built on top of the STEEM network (which is the whole point).

Maskbuzz.com was offline for quite some times in the past, but for the last days it was running smoothly.

Its a pretty good alternative for people who missed the Steemit train. Maskbuzz is still at the very beginning!

Because many of the things that you describe would either need to be or need under them a side-chain to control the price per action or whatever it is that you pick up and do with the coin.

Dude you do not have to explain yourself or say you interfering.. Totally cool to give your 2cents and freedom of speech.

I have already recouped my stake because of exactly the reasons above (generic reply from dev, no white paper, no PR) ..

The source code is published under the MIT licence so maybe it is worth your time to see at least some aspects of their code .  Perhaps you will find some small valuable things you did not think of to add to your study in this area.


I think a fair distribution does not look like mask currently .. But then again, all crypto's are plagued with similar issues from unfair mining advantages to unfair ICOs.  But I guess nature is un fair as well.

But yes this dev could have made some more effort explaining this coin with a decent ann and some other info.  There is a small help section on the maskbuzz site but no info on the devs or delegates.   

The web node maskbuzz is amazing (in my eyes in terms of user experience) but they can just shut down at a moments notice and all masknetwork would have is pvt/public keys and no activity as most users will not be able to export public keys (due to not being educated about crypto).

I have even tried to get a dev to set up my own node but alas it did not work and I was un able to compile. 


Anyhoo : I will follow your progress in this field of study and look forward to the results you find iamnotback. 

Transaction volume could be recirculated to content rewards. That is one possible to way to maybe design a stable system, although the ratios don't seem to work in my calculations. Indirectly Steem even has this in mind, because they take bulk of dilution from STEEM (not STEEM POWER) which they hope will be eventually held mostly by those who need to do transactions (since STEEM POWER can't be transferred).

Afaics, the insoluble problem is that rewarding from collective pool of funds via curation can be gamed no matter how you spread the stake around:

https://steemit.com/steem/@anonymint/blog-rewards-can-t-be-widely-distributed

So I see no viable way of rewarding content from a collective pool of funds if the criteria is subjective quality decided by voting. I entirely abandoned voting in my radical redesign of the concepts.

Voting is not viral activity. It is divisive. Notice a Like on Facebook has no downvote (although Facebook is experimenting with other expressions now).


I messaged them when they first announced months ago.

They don't even have a white paper.

I think speculators are looking for viable projects. Have they clearly articulated everything? I don't think so. I don't even see a list of who is working on this and their backgrounds. I don't see any detailed info about their system really. Perhaps there is some at the github, I didn't check.

That is just my 2 cents and I am not trying to interfere with you recouping your small stake.

iamnotback..


I totally agree.

The way I have read it though is that they are distributing 5% a year of the coin. ad infinitum..  100% - 5% , -5% , -5% ... Never quite reaches 0 ...   So the price of msk would have to go up every year by atleast 5% to counteract this to keep bloggers rewards consistent over time.

There are some interesting dynamics playing out tho as the whales have no incentive to vote anyone elses posts and so they post under their own sock puppet accounts and upvote themselves.  Seen clearly in the "app store" where there is an empty app making 20$ a day!!  (Yes there is an app store with a programming language built into msk that is kinda easy to make dapps)


Anyhoo..  Interesting to check them out and see how it plays out using this type of model .  The users also have to pay to do anything (a small amount like gas)  which go back to the network pot for re distribution.. 

So in essence I think this has a chance to grow to a point of equilibrium where it is too costly to post and only the whales will be left posting there own content and upvoting themselves.. Like little robot miners essentially.

The rest of the site will just be spam with people only returning to upvote there own content each day ..


* I invested a small amount (0.1 btc) but have already withdrawn my initial and still have a number of coins due to the way the rewards have been spread this last week.. So for me I am just seeing how this plays out for now.  *   

I am surprised more people have not taken notice of mask tho.. As there is like 10 users maybe.  And syneroe and all those have mega user bases already.   Mask has some cool tech as well so it makes me really question the devs.

Coolest tech to come out this year (Ethereum x steemit)?  Or laziest scam ever?  I am not sure yet.

Regard the Mask project, it appears to be duplicating the flaws of Steem?



Even if they only minted 1 million tokens for themselves, yet they use those whale positions to control which content receives the most payouts, thus as they mint new tokens, the bulk of it can go to themselves. Redistribution is not assured. Redistribution to minnows&dolphins certainly isn't happening fast at Steem and some have theorized that certain Steemit whales might be creating sockpuppet blogging accounts.


They want to restrict total supply to 21 million tokens, thus eventually they can't pay for content any more. They mention you can buy tokens to promote content ongoing, but we already discussed in other analysis of Synereo that the advertising funding model can't be profitable for bloggers. If it was, they'd already be doing it at Medium with its 25 million readers and 20,000 active weekly bloggers.

IMO, none of these Steem copycats will amount to anything significant. If you haven't improved significantly on Steem, then everyone will just stick with Steem and its flaws.

You must just get it at the wrong time..


I have managed to access it about 70% of the time.

Yeah it goes down a lot!  But it is only a week old and I assume they still ironing out the bugs and trying to scale the web node to allow more users at one time.

The mining is DPOS as well so I worry that at the moment there is not as much hash power as there could be if there where more miners voted in with stronger power.  

I do with they had just made the mining part of it open to everyone.. Only 15% goes to miners anyway to they could have just had that open to everyone and gained a much stronger network than running it all on there own in the current DPoS model.


*TRY IT NOW testz*

https://maskbuzz.com last 3 days show 

You are pretty specific, but only mention the POS part.  I assume that you are picking your clone coin parent based on the fact that they are side chain coins.  Is this correct?

it has to have valuable rewards or else the users won't be intersted to write something for your xteem.
does anyone have any idea which steem clone script is for sale? I wanted to create my own article site but not related to crypto. I'd reward users with USD, its the contents that matter this time for google.

I got an idea of Xteem.

Xteem will be a crypto-media Xteem, based on Ethereum, Nxt blockchain or other POS blockchain. Xteem has several functions:
1. erasable blockchain, in which article or reply in a transaction can be deleted for copyright problem;
2. TA software for analyze stock, coin market;
3. many parameters of Xteem are changeable by contracts, so don’t need to change source code.

How a user earn money?
Not like Steem, which reward the writers by Steem dollar.  just to like reddit, weibo, webchat...
a)   an user gets money by others’ tipping;
b)   answer other user’s question;
c)   write a article which reader pays when read;
d)   trade others’ fund and get fee.

Moved this over here... so I don't spam off-topic in other thread whence this originated: