Steemit Winter Update: 2017 reflection, our Vision Statement and Mission, and a look forward

2년 전

In this post, we want to bring you up to speed on what is happening inside Steemit, as well as give you our perspective on the successes (and failures) of the past year, let you know what we see as our mission going forward, and provide some insight into what we have planned.

Steemit’s Vision and Mission

Through our vision of empowering entrepreneurs to tokenize the internet, our primary roles in the Steem ecosystem are providing the community with software enhancements to the Steem blockchain, modular framework applications made up of components that can be leveraged by application developers and inspiration through these platforms to entrepreneurial end-users. We believe we must build in ways that create as many opportunities — and catalyze as many amazing Steem-based entrepreneurs and communities — as possible.

With more than a dozen self-sustaining user-oriented applications (such as Busy.org, D.Tube and Uptopian.io) already integrated, Steem has more widely used applications than any other blockchain. There are more tools coming to spur adoption of Steem much faster, such as Steem’s Smart Media Tokens and Steemit’s Communities. Because of these developments, as well as the active Witnesses, community-oriented developers, and the platform’s track record - we believe there will be more than 100,000 entrepreneurs of meaningful standing building businesses on Steem within five years. Our goal is to deliver the tools and interest that crystallizes this future — one rich with opportunity for people to build their business on Steem.

2017 a year of growth

2017 was a year of growth: growth of the applications building on the Steem platform, boon of its currency STEEM, expansion of the Steem community, and development of the Steemit organization. It is exciting to see that the price of STEEM has risen by more than 5000% to over $4.00 since the $0.0691 low back in March. Steem has attracted hundreds of thousands of new members, many applications have seen 1000%+ growth, and our portion of this ecosystem, steemit.com, attracts millions of unique active visitors each month.

2017: What we did right

Scaling

In 2017 (and early 2018), we dedicated massive resources to scaling — more than we had anticipated. This took a significant amount of time away from feature development, but we feel it was time well spent, because it lays the foundation for us to grow the platform significantly larger, in a way that is economically scalable for exchanges and developers.

TONS of new applications

We have seen massive growth in the number of third-party applications built on top of the Steem blockchain that are now flourishing. This includes Busy, DLive, DMania, DSound, DTube, Utopian.io, Vessel, and many more! We are very excited to see the innovation coming from our developer community, and we are looking forward to seeing a lot of new applications in the coming year.

Free image hosting

Free image hosting and an easy to use interface was added to steemit.com, so that users can quickly upload their images directly into the posting editor as they are creating their content.

Delegated Steem Power

The blockchain rules were updated to allow users to delegate Steem Power to one another. This has allowed large stakeholders to share their influence with other members of the community, so that their stake can be used by others to benefit the platform. As a result, entirely new businesses have been created that provide new opportunities for users to bootstrap their presence on Steem.

Multiple Beneficiaries

The change to allow multiple beneficiaries for a post/comment has provided a means for application developers to build on top of Steem in a way that provides a use-based revenue stream. This will be an essential feature going forward, as it will allow many new businesses to form on Steem.

Linear rewards

The change to a linear reward distribution has ensured that the impact of each user’s vote on the rewards pool is directly proportional to their Steem Power (i.e. their stake in the platform). Users now feel more empowered, and they can see the direct correlation between the amount of Steem Power they have and the strength of their vote.

Condenser improvements

Many improvements made to the condenser/steemit.com website make it more attractive and improve the user experience. This includes a new design, multi-language support, night mode, and many other enhancements. We have many more improvements in the works (such as notifications 2.0), but a lot of the larger improvements are on hold until after Hivemind and other back-end services are ready to support them. We are happy with the progress so far, but many more changes are planned for 2018.

Steem Developer Portal

The launch of the Steem Developer Portal has laid the foundation for a centralized set of documentation, tutorials, and onboarding materials for the Steem API and core client libraries. The portal will continue to evolve in 2018 (with better everything), as we expect this to be a critical tool for fulfilling our commitment to a quality development experience.

Steem software open source

We deeply value freedom and innovation, which is why we changed the Steem license to the MIT open-source license. This gives developers and entrepreneurs in the community the freedom to use the software we create for whatever they want, which we believe will maximize innovation and growth for the platform and ecosystem.

Steem Park

History was made on July 16, 2017, when the first public work exclusively funded by cryptocurrency was erected in the Herbert von King Park in Brooklyn, New York.

Improving signups

We have made multiple updates to our sign-up process, which will improve the onboarding experience for new users while preventing abuse by bad actors. There have been a few bumps, but the trend is strongly upward for security and overall experience. Signup and login continue to be a focus, and we are actively working on further improvements.

Updated whitepaper and bluepaper

A new whitepaper was released, which is now in sync with the current version of the blockchain. We also released a new “bluepaper” designed to be a helpful guide to our protocol that is comprehensible to the widest range of people.

Updated steem.io

The steem.io website is one of the main sources of information for the Steem blockchain and STEEM currency. This was updated to ensure it presented accurate and up-to-date information. It will continue to evolve in 2018.

SteemFest2

SteemFest2 was amazing! It was great to connect with so many great Steemians in person and discuss our plans and vision. We got a lot of valuable feedback from community members and are integrating many of the suggestions we received. The ability for so many individuals from across the world to come together and experience an event like this is something that makes Steem unique across the cryptocurrency ecosystem.

Expanded exchange listings

We are working hard to get STEEM listed on as many exchanges as possible. One example: STEEM was recently added to the fastest-growing cryptocurrency exchange, Binance.com.

Team restructure / hiring

We have spent a lot of time building an all-star team. As many of you know from working in organizations of your own, recruiting A+ people is not an easy process, and progress often has to slow before it can speed up again. We are privileged as an organization to afford A+ talent, and culturally we’ve never been more energetic and creative since setting our bar so high. We are thrilled to highlight several of our new talented team members in the “Steemit Team” section below.

Announcement of SMTs

SMTs are going to be one of the main tools that will allow entrepreneurs to interface with the Steem blockchain in a way that provides them with economic incentives for building their applications and improving the platform. SMTs will also provide a mechanism for communities to distribute token rewards to their members, with influence that is proportional to the distribution of their SMT.

2017: What we didn’t do right

Roadmap

We have not delivered on several of the items we included in our 2017 Roadmap. We were a young start-up that failed to know what we didn’t know. Growth of Steem surprised even us, and scaling required more resources than we had anticipated.

After gathering feedback from developers and entrepreneurs, we also made the difficult decision to switch focus mid-year to new projects like SMTs, which, while not in the roadmap, we are convinced will increase the value of the Steem blockchain to entrepreneurs by orders of magnitude.

We apologize for falling short of our stated objectives, but we believe our decisions will greatly enhance the success of our vision in the years to come.

Mobile

We did a lot of work on a mobile application, but it just isn’t where we want it to be. We want to put out the best blockchain-based, component-oriented, modularly tooled products in the world. After a year in operation, steemit.com and the other amazing Steem-based applications like D.Tube, Utopian.io, DLive, etc. are the only blockchain-based applications that ordinary people use. Right now, our mobile application just is not up to snuff. We’re not abandoning it, but we are not going to release it until we are satisfied that it meets our quality standards. It may take us some time to get this right and to ensure that, ultimately, the project is a success.

Communication

We have not done a good job of keeping the community informed of our work. We apologize for this. We know we need to improve on this, and we will be making many changes to our communication strategy in 2018.

Steemit Team

Going into 2018, we are critically focused on bolstering our core competencies in ways that enable building a sustainable and scalable organization that empowers our projects and the Steem community of users, developers, and entrepreneurs. Much of this goal begins by bringing in great people at the top, and we have assembled a world-class management team. With this team we continue to recruit more talent across product, engineering, ops, and advocacy.

Today, we are happy to introduce Harry Schmidt (@goldibex), formerly the Director of Engineering at The Information, and VP of Engineering with Casetext, as our CTO. Harry has taken on full accountability and responsibility for building the greatest engineering force possible, already having dramatically improved our engineering organization’s agility and ability to ship with regularity and precision. With that, we’ve continued to build out the engineering organization in a completely distributed manner. Distributed engineering is an underrated strategy for building companies with long-term missions, and thus far it has allowed us to recruit All-Star engineering talent no matter where they live in the world.

We also have a new CFO, Randy Baker, an industry veteran with experience serving as a CFO for a private space exploration company that counted SpaceX as one of its customers, as well as experience running his own successful start-ups.

Pon Kattera (@pkattera) is our Head of Design and Interim Head of Product. Pon has been hard at work, taking the design of steemit.com to the next level. He is working closely with Harry to ensure that our releases are developed with agility and turn out as beautiful as they are secure. (Little-known fact: Pon also attended SteemFest #1.)

Many of you may know Andrew Levine (@andrarchy), who has served as our Community Liaison. We introduce him now as our Director of Content. We have given him the authority — and the mandate — to improve our communication with the community and develop an effective content publication strategy.

It is also our pleasure to introduce Christi White as our Head of People. Christi brings a depth of experience building technology companies, and we’re thrilled with the impact she is making on our organization as we continue to build our all-star team across product, engineering, ops, and advocacy.

Our Board of Directors is more involved than ever. The Board comprises Gregory Wexler, a successful serial entrepreneur lending expertise gained from years spent in the industry; Ben (@theoretical), software architect of Steem and chief software architect of the Smart Media Tokens protocol, whose wisdom and insights are invaluable; Chris Padovano of Decentralized Legal, a pioneering legal expert in the blockchain world; and there’s me — Ned Scott, CEO of Steemit — privileged to work with such a diverse group of talents.

We have also hired several new blockchain developers, front-end developers to work on the condenser (steemit.com) website, as well as other static sites like steem.io and developers.steem.io, and back-end developers to work on our tools such as Jussi, Hivemind, and Steem Blockchain Data Services (SBDS). In addition, we are in the process of building out our content and advocacy teams.

Finally, we've developed new positions such as Developer Advocate, and have begun the process of creating an independent non-profit organization to support even more positions dedicated to supporting developers and entrepreneurs leveraging Steem and Smart Media Tokens.

What’s Coming in 2018

Right now, our top priorities are blockchain scalability (AppBase), Communities (Hivemind), effortless onboarding (sign up + Hardfork 20), and Smart Media Tokens (SMTs). So much progress has already been made, and we are working around the clock to deliver them as soon as we can.

We still can’t give a precise completion date because we recently reorganized our entire development process around agile methodology. The changes we’ve made will enable us to forecast more accurately how long it takes us to launch new features, but only after we’ve used the process for enough time.

Last year one of the mistakes we made was being far too precise in our roadmap. Priorities change, and timelines for developing software when dealing with disruptive technology is often difficult to predict. Going forward we will not be giving specific dates for changes that are not yet completed - to give ourselves the flexibility to shift priorities if necessary, and to take the time needed to deliver a quality product. We will do our best to keep you informed of our plans and priorities, so you know what to expect.

We know what big features Steemians want: communities, spam management, modular application components for simple and fast development, a great sign-up flow, Smart Media Tokens... and they want it yesterday. That’s where we’re focusing our attention. We have many other exciting projects planned too, and are reviewing all the suggestions made by the community for #roadmap2018. We look forward to updating you as these projects unfold.

Thank you so much for sticking with us through this volatile year. Steemit is nothing without you and the developers and entrepreneurs building Steem apps. We believe 2018 is going to be a benchmark year for Steem, and we are glad to have you with us on this wild ride

Ned and Team

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Thanks for the update here @ned. You have presented a lot of information that I have seen people asking for.

I also want to say thank you for owning up to the shortcomings of the 2017 roadmap. However i am still curious on an estimated priority of the mobile app.

If there exists some base code maybe it could be made open to see if the community wanted to develop it. Couldn't hurt.

As far as the predictions for the amount of business on the Steem blockchain that news is what drives me to keep pushing forward. Steem has only just begun

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Hi @netuoso, I thought the eSteem mobile app is already out there and being used. I personally am a bit more old fashioned and haven't really jumped onto the whole mobile bandwagon, but it sure is the way the internet use trend is going.

Are you referring to a different kind of mobile Steemit specific app?

P.S. Thank you @ned for keeping the community updated regarding the Steem milestones and roadmap ahead. We much appreciate it.

Best regards and full Steem ahead!

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Hi, @ebargains.

The eSteem app is created by an independent company that displays the Steem blockchain in their app. It has nothing to do with Steemit Inc. or the Steemit.com website, which is another company that also provides information from the Steem blockchain.

It can be a bit tricky to keep in mind that Steemit does not equal Steem, but the point is that Steemit also wants to create their own Steemit mobile app. This if great for us users, because more choices is always a good thing (in my opinion).

Best regards from @valth

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How beautiful that we have all data in public so any team could build an app!

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Yeah, that is amazing! We could keep the Steem blockchain going even if Steemit Inc. goes bankrupt or something else happens. Everyone who wants to create and use the blockchain.

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eSteem is ok, but has never been working well for me. I found that once I browsed out of my feed (the ones I follow), I'd never get back....

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Agreed, new app will come out soon for iOS and Android, stay tuned!

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I think in Steemfest 2, it was revealed that Steemit wants to have their own mobile app.

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I find it VERY interesting, that @ned and @steemitblog did not loose a single word about the current bandwidth problem, new users are experiencing on this platform. A solution for this is much needed! People can not even claim their rewards sometimes ...

In my opinion the main focus should lie on HF20 in order to improve the sign up process. We still have people who are waiting weeks for their confirmation email. And for the real good experience when starting on Steemit you may want to solve the current bandwidth problem too?!
The rest is hot air. Sorry.

I mean the communication and even the work done in summer and fall 2017 was great. I had great confidence in Steemit back then. But shortly after it became very very quiet. "Promised" and expected features were not delivered. But as it was written above, better not promise too much within a certain time-frame, because importance of development can change. I can understand that and I´m with you if you say: "we are not going to release it until we are satisfied that it meets our quality standards." Better make it right once, before you release a crappy product.

Blessed are to those who have enough bandwidth to not only write a comment but also post it to the blockchain. That´s real UE!

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Yeah, the Steem on-boarding and account creation process has to be revamped and improved. Waiting a week to get a confirmation e-mail to create an account is really archaic and hurts Steem's image as a modern blockchain based social media (and more) platform.

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Nice voting trail :D

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I just want to say that the registration question is too disappointing. Waiting for a long time, so I support changing the registration process.

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  ·  2년 전

Yeah especially if it wants to compete with other social media sites. To attract more people it needs to be easy to join.

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They don't need to compete with other social media platforms... People will naturally come on Steemit.

We try to compare to other platforms but it is not comparable yet.

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Absolutely agree!
Account creation and bandwidth are 2 pain in the ass problems for new steemians.

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Ive already come to terms with the fact that i cant do anythingon steem between 4 am and noon because i literally can only stare atthe recharge bar on steemd and wait. But new users may not understand or be as patient as i am.

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Patience is the key!
If you would have been from #deutsch Community I or someone else would have delegated some sp to you. Maybe there someone out there who does it for Canadians 😀
And of course you shouldn't power down all the way..
Good luck 👌

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Im okay, steemit helps with my depression so im here for the longhul my daughter is about to be born anyday. I plan on blogging her birthday.be recorded on the steemit blockchain forever and i can update everybody on her development. Im a cryptodad!

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This is why I filed with my state's attorney generals office to have them look into it. I made that decision after myself being thrown off line with a bandwidth problem and looking the issue over. What I found were people taking anywhere from powering up fifty bucks worth to get five minutes of bandwidth to people taking hundreds and waiting hours still to get back online. There is absolutely no other issue more pressing then fixing this one because you can't sell a product that you can't deliver, that about as realistic as it gets. I've read blog after blog of promised fixes going back for quite a while yet nothing gets done. They claim it's to control spam but spam isn't being controlled. Then they say it's a virus. Who knows what the problem really is but the bigger problem facing them is that you have to state to people right up front of any business venture what the price is going to be to engage, how much money gets you what amount of steam and then the bigger question to me is why do I even have to give up my steam to stay on the platform...why can't that be my accumulated power I earned by being on the platform to do with what I want to do with it. Yesterday I was out of bandwidth when I got on and today to so my next blog was going to be about people writing their attorney generals because short of that I don't see any other way this is going to get solved. It's just basic simple rational thought that you cannot sell a product that you cannot deliver, and you cannot sell a product blindside....you get this much product for this price and that has to also be known upfront. This is a great idea they have but it doesn't allow them to break the law(s). You make money by posting and responding but if you can't respond well....?

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Power up the steem you got 10 days ago from the SWC! Listen, you might complain, but it is how it is. Power up your winnings until you don't have any more bandwidth problem. You literally have to earn your space in these blocks ;p

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Well said. A trial/free-demo isn't a product. It's a sample. Plus I had no troubles with bandwidth ever. It's recommended to keep 50SP. Until you have that 50SP you have no product. Nobody should expect that for free as that would be a commie free lunch which would basically ruin the platform and we'd have to migrate to YOYOW/TRON or something on EOS.

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Hey flurgx,

First thank you Ned and Team.

  1. Nice point about difficulties in sign process... I know some people they are waiting more than 12 days now... Perhaps you just have to be a bit patient. We got used to things going quickly, but building something big is taking some undefined time.

  2. About bandwidth... My thought is maybe they are doing it for a reason - limited bandwidth - to avoid to fall while success is coming fast. Sometimes retaining the development is a good thing too. I am pretty sure they will improve this.

They might not tell that they are not going to release before quality standards matches... They just might not know when their baby will make its own first step... Every day they are learning, as I learn too using Steemit.

  1. I didn't read all comments yet but my idea is about SERVICES on Steemit. Maybe someone else will discuss this topic...

  2. How can we organize all covered topics in comments?

@ned - do you have an algorithm to classify information? I think something like "Building blocks" strategy to get the most of all these comments will be useful. We used this classification in the company where I was an intern during my GAP year. There I also discovered this book.

41SXHdBJ-+L._SX310_BO1,204,203,200_.jpg

I have an electronic version of this book, but due to copyright, I can't share it here on Steemit... Would be great if I could sell it here and a part of the price would be in the author reward pool.

Will continue to read other comments. The night is gonna be long... :)
Thank's for reading me ;)

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Just a small investment of SP will increase your bandwidth enough to comment and post all day long! Actually I thought that was intentional to encourage people to buy in.. Great idea in my opinion!

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exactly, tell them to invest like i did.

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That could be one way of seeing it. But I´m a friend of non-capitalistic structures. In capitalism you can only participate if you have a budget.
A small investment of how many SP do you think is enough? 20-25? That´s currently 80-100$ .. for some this is not a small investment at all .. And actually I think you need at least 40-50 SP
However I think Steemit should be accessible for everyone all the time .. and yes it is, partly ... It should be fully, all the time imo, without barrier called bandwidth .. Do you want people to stay on this platform because they have a good experience or to invest a little bit of money in order to participate? ... They´ll invest eventually if they have a good experience imo ..
I luckily had a very good experience from the beginning :) that´s why i´m here and that´s why i invested

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It's either require a small investment to participate in any meaningful manner or put up with endless spam. People are more likely to invest energy and time (make an attempt to offer value) if they're required to invest a little money.

Without anything to lose, there are essentially no risks that come with spamming the network. With something to lose, that money can go to waste if you get yourself flagged into a negative rep, making it less likely to happen.

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Every action on the platform requires bw
Follow, unfollow, Comment, vote, everything
This isnt about spaming. Its about user experience and capitalism (if you want people to invest before they can enjoy steemit in its full potential)

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It is a big problem to fight with spam. Above all because it hurts people who work hard making quality content and due to the lack of enough whales to support them, they go unnoticed. I encourage them to help create more whales that support to people and fight spam. You are doing a great job producing reports and useful content for everyone. Thanks for watching and making Steemit a healthy community.

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Dasgtdagsdhasd
As
Da
S
Das

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The "current bandwidth problem" is up to witnesses, not Steemit Inc. Witnesses can publish a higher block size to alleviate the issue at any time. For it's part, Steemit Inc. is doing its best to delegate SP to users running out of bandwidth.

Besides, as others point out, the solution is simple - power up some SP. Of course, it's a very poor experience for new users.

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I just want to say that registration problems are so damn disappointing, waiting a long time

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I'm pretty new on here, so not 100% clear on the issue with bandwidth. From what I can ascertain reading your comment and others in this thread, it sounds like if you just start with the 15 SP that's delegated when you first create an account, you somehow run out of enough SP to participate on the platform at some point. Is that correct?

I've not even been on here 2 weeks yet, and I actually did add $100 of STEEM that I powered up within just a few days of joining, so perhaps I would have encountered this problem had I not done that. As it is, I see on steemworld that I have about 75% of my voting power available right now, not really having done much upvoting today (a couple articles and maybe 3 comments). It says I'll be at 100% voting power in another 30 hours. I assume that means if I don't upvote anything else.

When I do upvote these last few days, I see that I either add .01 to someone or the vote counts but the amount given to them doesn't change at all. If I keep upvoting while my % voting power is low, will I eventually not be able to even post?

I'm sure this sounds like a very novice question, but yeah, total novice here. I have been reinvesting all my earnings in steem power in addition to the $100 I initially put in, but I'm wondering if I'll still run into problems before long. It's already a drag seeing a notice that I need to wait as much as 50 hours before I have my full SP again. I'm also wondering for some folks I'm planning to introduce to Steemit soon, who I doubt will be able to afford to invest anything in STEEM to get started, only reinvest earnings.

Does the amount of delegated SP at the start of an account not really set someone up to be able to stay on the platform if they never buy STEEM, only reinvest earnings by powering up? Is it just a matter of upvoting less often within a given day? Thanks in advance if you can take the time to answer this.

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What do you think will happen when @dan makes a competitor of steem on the eos blockchain?

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It took years from fanboy dreams to real product serving real-life uses.
We will see.

For now one shouldn't compete with someone promises. Promises are too cheap compared with real product.

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We welcome competition in the space. We're lonely :( ;)

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That's exactly what i wanted to say, talking about owning up to your mistakes. We look forward to a better community in 2018. I'm hoping the mobile app gets created quick enough.

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I was hoping for that too, to help speed up the proccess. I want the mobile app out ASAP! I still love steemit! They answered almost all my questions. A+ to Steemit.

JRcrypto


Price Analysistt.png

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☆Thanks for the update here You have presented a lot of information that I have seen people asking for.
☆If there exists some base code maybe it could be made open to see if the community wanted to develop it. Couldn't hurt.
☆As far as the predictions for the amount of business on the Steem blockchain that news is what drives me to keep pushing forward. Steem has only just begun2018-02-22_11-27-25-260.jpg

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@netuoso I agree with your points and I definitely believe this is just the beginning of steemit and our road map to success is beginning. I believe with our two great developers. I believe in @ned and @dan and I believe with these two great minds we will definitely have the best success and I just love steemit in general and this update excites me. Even though 2017 was a rougher year 2018 is off to an amazing start thanks @ned and @dan for developing this amazing platform.

Image result for ned and dan steemit

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this is the post, here is the development of the page I like to be here in your community, feel like a small fish that does not know where to go, thank you very much for your comments, I read them and learned many things for myself useful. thanks friends

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Though I'm still quite new here, I'll have to say that the time taken to get your password delivered is the greatest turnoff here and has to be worked on. Asides that I'm quite excited about joining this platform and I look forward to contributing positively to it.

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@netuoso, I've seen accounts that do not follow the steemit rules, is there any sanction for him ? how do we step to tell him ?

"The changes we’ve made will enable us to forecast more accurately how long it takes us to launch new features, but only after we’ve used the process for enough time."

This some fancy talk for ¯_(ツ)_/¯

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Haha, all software developers know how difficult it is to promise a timeline for a complex project but everyone doesn't have the liberty to say this.

But yes, if taking more time delivers a better product and setting artificial deadlines results in something nobody likes, then all power to TIME-TAKERS!!!

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  ·  2년 전

Exactly, @svkrulze . With projects like this, "how long is a piece of string?" is apt

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Speaking of long running vaporware how about Steemit's goal of reviving Project Xanadu, literally the world's longest running vaporware project started in the 1960s :D

One of the few things @adept and I discussed that I know very few others even understand, is project Xanadu, and the secret message @ned used to have in his description that @adept would tell me about, hard to prove because now only ned would know, adept said ned changed it, but adept said it read "A vision in a dream" a quote from an old poem, Pleasure Dome of Kublai Khan, and it mentions xanadu, and then @adept and I started looking up project xanadu, and wow what a rabbit hole that was, it is a sort of replacement for th dead hyperlinking web pages of today, and argues that it should be alive showing all thelinks on the same page
https://en.wikipedia.org/wiki/Project_Xanadu
Steem actually satisfies almost all 17 rules that needed tobe followed, some including how all the data on xanadu was self hosting and how authors could receive royalties and etc etc they even mentioned some defunct system inside the TCP/IP system for transactions, thin if bitcoin had been around in the late 1980s when tim berners lee invented the WWW, I mean, seriously I have heard Ripple is actually looking to take the place of that system, basically allowing a built in merchant system to every website , part of the html of the page, no third party payment processor needed, a website could handle its own cryptocurrency transactions and was supposed to from the start

OK I am tired and I'm butchering lot of this and the 402 error code thing I am talking abut , yeh I probably got that wrong oooh @inertia is not going to like all the hoobris I committed today

so here is project xanadu rules

Original 17 rules
Every Xanadu server is uniquely and securely identified.
Every Xanadu server can be operated independently or in a network.
Every user is uniquely and securely identified.
Every user can search, retrieve, create and store documents.
Every document can consist of any number of parts each of which may be of any data type.
Every document can contain links of any type including virtual copies ("transclusions") to any other document in the system accessible to its owner.
Links are visible and can be followed from all endpoints.
Permission to link to a document is explicitly granted by the act of publication.
Every document can contain a royalty mechanism at any desired degree of granularity to ensure payment on any portion accessed, including virtual copies ("transclusions") of all or part of the document.
Every document is uniquely and securely identified.
Every document can have secure access controls.
Every document can be rapidly searched, stored and retrieved without user knowledge of where it is physically stored.
Every document is automatically moved to physical storage appropriate to its frequency of access from any given location.
Every document is automatically stored redundantly to maintain availability even in case of a disaster.
Every Xanadu service provider can charge their users at any rate they choose for the storage, retrieval and publishing of documents.
Every transaction is secure and auditable only by the parties to that transaction.
The Xanadu client–server communication protocol is an openly published standard. Third-party software development and integration is encouraged.[12]

Pretty amazing how Steem fits so well isn't it? Who really is behind steem? LOL CIAteemit? Should CIA get their own hardfork to replace Intellipedia?

All joking aside, this project xanadu stuff is pretty crazy, maybe @ned just had that in his description to show he really is into the history of software development, or maybe there is MORE to this story.

Yesterday @stellabelle and I were having a conversation about things similar to all this, over the regular phone, and about 40 mins in we both heard a robotic was voice very clearly say "This call is being recorded" and nether of us knew what the hell that was from, nor did we have any sort of other device that would ever say something like that, it was pretty freaky :D I wonder who it could be haha I mean, general Michael Flynn's daughter spends time at my house since she surfs with my mom so secret service definitely has to be involved due to recent events, and my friend uncerntropy always used to remind me that nothing this big gets to happen without approval from you know who :] The Big Man Upstairs, lol maybe I'm watching too many spy novels

but yeah project xanadoooooooooooooooooooooo

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Time to go read Neil Stephenson's SnowCrash for the 11ty-billionth time.

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Probably NSA. Dan is from NSA country..
It's ok though, but yes, your regular phone calls and text are being recorded. Just count on it..

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Buen día Sr. Te invito a leer mi articulo publicado el día de ayer sobre la criptomoneda venezolana El Petro Dale Click Aqi!

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I agree @zacharius the changes have helped us I am a high-schooler who has gotten more of my fellow high-schoolers to see it is smarter was to make money and one listened and he loves steemit now more than YouTube. So thanks @ned for revolutionizing steemit and making it better. Also thanks for introducing SMT tokens if I can I will buy some.

Image result for thanks

Image result for ned steemit

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Put up a photo of @ned, get a @ned upvote.

It's in the whitepaper. It's a Proof Of Ego blockchain.

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thanks a million to @ned

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yes right zacharius

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This comment has received a 31.35 % upvote from @fredrikaa thanks to: @jassi.

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Hear hear. Well emoted! 30+ years of being in the tech industry and software dev - currently a VP of Tech for an enterprise SaaS firm and steem witness #78, and this single comment so well deservedly pinned by @dan is more apt, accurate, and voluminous in it's message than the entire mind numbing blur of buzz word bingo randomizer strings you posted it beneath.

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I like his update ;} I think all will be well if he just keeps giving more and explaining everything so we can give our feedback and maybe help steemit inc! We want to be included in their business, but in a way that helps steem and doesn't just open the floodgates for ANYONE to try and be a steemit inc employee....but he should leverage the massive brain power of steem blockchain!

We just want progress on big things to be shown to us, maybe give us a progress bar on communities to show what still needs to be completed, s maybe we can help out? It can't hurt to show us what they are doing, no need for secrecy , only there blockchain that can actually use it is Golos and that would be great! I really hope Golos gets communities too but first golos has to upgrade from HF16 where they are, hah we are already past 19, and about to get 20, I hope Golos can catch up and just hardfork right to 20 from 16, and also get delegation and everything they need...

HF20 will be AMAZING man, look at this roadmap by @fyrstikken to make things more clear (hah ned should make fyrtsikken head of marketing )

so se how with wil get aggressive marketing after instant account creation hence "Velocity" code name!

HEY haha yeah AT LEAST we are not GOLOS man they still don't even have the ability to make more than 5 comments! Lol and they don't even have steempower delegation, its a real mess! The main Golosfund people LOST they freakin keys to a big account they were using to "invest" peoples money, now they're forced to just never powerdown and they just have the posting key hh its a crazy situation its like a guarantee now tha they can nevr powerdownbut only get that money through giving upvotes :D haha can't self upvote tho haha oh and now they want to hve a hardfork to get their keys back, how pathetic is that, they wouldn't do that for anyone else, man, its like if the main steemit account had its keys lost nd they wanted to hardfok to get tem back, THAT is what happened on Golos, can you believe that?

Steem is about to have communities, then HF20 and SMTs.. Golos doesn't even have delegation yet....

So just be glad we arent golos hahaha
(Ill still never powerdown and I'm keepin my golos, it will be fixed)

but hey man I know why youre mad I am also very impatient and want to see MRE UPDATES. More Communication more videos etc... And while we have to wait for 2 week account approval wait times for people we try to onboard, then steemit inc should at least pay for instant account creation for people that we need to join. We could have had millions of users by now if they could all signup faster! I get that Steemit Inc can't havethe liability of paying for EVERYONE on the planet but until the HF20 to fix that and allow instnt account creation without initial SP, How about a system like Early GMAIL with like a free 50 invites per user with over 500 SP and 50 Rep or something, I mean it would be a GREAT stop gap until Instant effortless account creation, and I know thy have many options for instant accounts including giving people an account with no SP but that can still give comment and upvotes and make posts, but I also heard of a POW account creation process where you are CPU will ine and make the teem you need to create an account, I just hope they do the instant account creation soon, and don't make us wait for HF20, But if they do they SHOULD give us like a free 50 instant invites and just PAY the 14 SP 1 week delegation fee plus the 0.1 Steem liquid fee, I won't cost steemit inc that much, and we NEED to onbaord our friends and family without having to pay, its also for onboarding local TALENt and people we NOW need to join.. Investors who want to invest get turned off when they se we can't even handle account creation ...

ALSO we should be getting to HF20 Velocity VERY soon so we can AGGRESSIVELY market steem! I have a plan which require just a TEENY tiny bit of SP delegation from @steemit or @ned to my #teamghana friends to then form an army of Upvote paid bloggers to promote stem 100s of comments a day on various social media, an army of comment posters, who also make youtube videos and social media posts ABOUT steem. ALSO I have a plan to on board 30 million Africans by 2020 but i need Steempower delegated to business partners like @steem4depoor @mcsamm @tj4real @kofpato @brightacq @xpency @anaman @kwakumax and many more for their projects and to @enockagbo1 and @desmond41 for their Ghana Steem Exchange they are creating
https://steemit.com/steemit/@enockagbo1/merging-with-mtn-digital-money-system-mobile-money

(This Ghanian exchange will be easy because Ghana already has text message based local digital fiat ) and we also have MANy other projects that allow Africa to benefit greatly and to allow us to benefit from AFRICA. Africans will be using STEEMPOWER as their MAIN bank Account and form of Savings in their lives.. This means that we will end up with MILLIONS of people ALL saving up STEEMPOWER and an entire national ECONOMY will be using steem, you can now buy Mobile Data in Ghana with SBD from @tj4real and @kofpato and others re being Bankers selling and Buying local Fiat paper ad digital money for Steem/SBD directly (They do t manually so their exchange will just have this process automated with the Ghana MTN API :D ) Anyway this is a HUGE opportunity to BANk the UNBANKED

Just look at this image from one of the works of @kofpato and @brightacq donating hundreds of dollars worth of supplies which they were able to pay for from money earned on steemit, and they made it all back from post rewards
https://steemit.com/youarehope/@kofpato/steemit-kids-world-foundation-celebrates-valentine-day-with-orphans-at-eye-of-the-lord-day-care-center-in-eastern-region

And you see how good this makes steemitlook?

Or the event @steem4depoor and those sam two guys @kofpato and @brightacq where hey had steem blockchain sponsor a youth soccer team with steem logo's on their jerseys which they go for the teams!
Https://steemit.com/youarehope/@kofpato/first-ever-steemit-female-football-zonal-team-with-ackza-stellabelle-bleepcoin-reko-yehey-guiltyparties-elgeko-etc

I Believe @ned will see the works of #teamghana and recognize their accomplishments, building something like this in a nation where they had the hardest struggle just to get a smartphone and stay online! The AVERAGE Ghanian YEARLY wage is $76 USD and the average internet bill can be as high as $50 for just a few measley gigabytes worth of data om sometimes a 2g edge network! O they had to STRUGGLE and they WORKED SO HARD and I believe if ANYONE deserves delegation from steemit inc it is these guys!!!! AND they wil payus BACK 10 fold when they get 30 MILLION Ghanians ad another 200 Million Nigerians and West Africans to join Steemit and LL us it as their PRIMARY savings account holding Steempower for LIFE passing it down generation to generation! All those people using Steem will cause its price to skyrocket well above $100- $500 and just imagine when Nigeria starts selling its Oil for Steem! Special attention should also be paid to the recent @mcsamm simcard giveaway and his project where he met with his local telecom company and discusses stem and got BULK Data packages for local ghana Steemians, We have plans to expand local infrastructure to All rural Villages without power are wifi, and get both to the poorest ares and also give all those people loans to buy smartphones, so thy can get on steemit, earn money to pay us back, so we can use the money t then buy more smartphones to then loan to another person who then makes their posts, pays us back in SBD and with use that to keep this anti poverty loop cycle going, its already happening we ALREADY do this and it works IMAGINE if @ned and @steemit and other whales delegated @mcsamm and @steem4depoor serious SP delegation, why they could EN hunger and poverty in Ghana using STEEM and Smartphones and use That as a model for the rest of Africa and the developing world.... We will ave Video documentaries about these works, a Demo reel of Good deeds showing all the children we fed and the orphanages we visited and funded t have supplies brought to them, and its so amazing we are doing SO much good using steem!

If Steemit Inc is seen delegating to Ghanians like @mcsamm and @steem4depoor and Nigerians like @xpency and @gloglo then Steemit Inc will become HEROES for all of Africa... They will FOREVER change the lives of 1 billion people and plant the seeds to end extreme poverty and hunger on this planet once and for all.
We all want to do a NGO, (I just talked to steem4depoor bout the new Ghana Steem Blockchain Foundation ) And Steempower Delegation from Steemit Inc would be CHEAPER than paying for ADVERTISING for steemit! Let YOU make the videos and promote the on youtube for free we will pay for it ourselves and fund it ourselves! If you give them Steempower delegation we will make SO many videos showing so much good charity works that Steem will be praised as the BEST blockchain for Humanity that helps More people than bitcoin or Ethereum ever could dream of!

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Ackza, I have a shirt on one of those kids, but I'm glad you support them and keep illuminating their work. @YouAreHOPE is doing work with young men and women like them in 7 or 8 countries now, and I couldn't be prouder to be some grease for these amazing young Steemitizens carrying out such important humanitarian aid missions across Ghana, Nigeria, Philippines, Sir Lanka, Indonesia, Puerto Rico and of course, Venezuela.

The hundreds of orphans, homeless, sick, dying, storm ravaged, economically distressed people we've been able to touch with our steem block chain exclusive, completely transparent, foundation fueled by the love and generosity of the people on this Steem block chain has been utterly amazing and humbling to me. The opportunity to be a servant to these solid steemitizen men and women doing these amazing things on the ground in these countries is staggering to me and those who help us do all the fund raising.

But yes, 2016/2017 road map items still open. Massive issues in the Ux/Ui here and this completion misconception that steemit.com and steemit inc ARE the steem block chain completely frustrate me. And we need to stop looking at this company like the saviors and get more folks rolling up their sleeves and getting more stuff into the ecosystem like the very brilliant Dsound by the astonishingly smart witness, @prc and all the others like that.

Personally I think SMT is great in theory and concept and purpose. What I hate is this idea that everyone has to have a damn token name - ackza coin, sircork coin, For fucks sake, we cant explain SP, SBD, STEEM, Vests, Mega Vests, Blah blah blah now.

Funny how in the real world, my dollar bills work in vending machines, shopping malls and spaceships but for this we need 50 billion names to fuck up regular normies who arent brilliant early adopters like us (snark)

Seriously.

Here's some steemes (I am pushing hard for the switch to this word I began using last june - its sticks when people hear it but my word marketing skills are poor, wait, why am I here again? hahah)

I made these almost a year ago and it hasn't changed yet.

Yours in Service,
@SirCork

Steem Witness #78

Founder @YouAreHope Foundation - Worldwide Steem fueled humanitarian aid

Founder @SteemStarNetwork - The 24/7 stream at the center of the steemiverse

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Finally someone with a powerful voice in this community says what my mind has been screaming to me for the past week (that I have been looking at this platform). Can't phantom why we make life complicated if we can live easily and use our spare time on more fulfilling things...
I was thinking of introducing Steemit and cryptocurrency to my folks, but the more I research the more I'm convinced that if I do so, I"ll be condemning myself to being their eternal "translator"...

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I've quit volunteering to explain it on Facebook, after trying to bring a 65 year old author online and spending way to many hours being random facebook people's personal google about steem.

The whole thing is so obvious, but then so are the glaring errors and omission on Stinc's "offering" here as the flagship product of the ecosystem.

It's bad. Real bad.

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Yes I know you have your name on one of thoe shirts and the soccer team and youre was highlighted first! Sorryif I sounded like I was tellng you stuff u already knew about, I know the reply was to your comment, ! And yeah about halfway down the reply I was more talking to ned and all of steemit more so than you when I started talking about that, I was self aware about how I would get my comment seen by everyone on steemit, my tourretes kicked in and I just couldn t stop typing, and it took me about 30 mins to go through all my what feel like uncontrollable typo spasms lol

For fucks sake, we cant explain SP, SBD, STEEM, Vests, Mega Vests, Blah blah blah now.

Haha yeh its pretty crazy to even think abut how to visualize that stuff in a video. I was thinking about having stakeholders on big mountains and they shoot rays of light down onto users, maybe water flows from these mountains down into a physical reward Pool (These were ideas @mughat and I talked bout when brainstorming ways to represent the steem blockchain in decentralized, @adept 's project where he was going to frk decentralland wit steem and make steem land with portal in decentral land that woud take you into SteemLand...

I think we CAN describe steem topeopel IF we make custom animated videos visualizing it

But I'm getting off on a tangent

Yes I agree that its dumb to push the idea that everyone would have a token, I hate that idea too, people always try to say to me "When are yu going to have Ackz coin; and I tell them ackza coin is just steem and EOS and Bitcoin private lol not everything needs its OWN blockchin... Oh well.. It WIL be great for ICOs but yeah not personal coins, MAYBE if you are a Power User on STEEM and you cn buy back your SMT with your post rewardsand the SMT sale goes to buying steempower , since you bu the SMT in Steem. MAYBE that cn work... MABE

But yes, 2016/2017 road map items still open. Massive issues in the Ux/Ui here and this completion misconception that steemit.com and steemit inc ARE the steem block chain completely frustrate me. And we need to stop looking at this company like the saviors and get more folks rolling up their sleeves and getting more stuff into the ecosystem like the very brilliant Dsound by the astonishingly smart witness, @prc and all the others like that.

YEAH man I gree Dsound's @prc and the @dtube team and @dmania 's @zombee are all such great developers especially Dsound guy yeh he should create a chrome extension that embeds a users dsound playlist onto peoples Blog pages so no need to go to a separate site to see the Dsound Music the user has, same with Dtube and dmani posts, maybe even have word pres style widgets in the side bars that are unoccupied, even have an option to show Ads I exchange for a lil guaranteed SBD wow IMAGINE that
Imagien a chrome extensio that just plays Ad s on your steemit front end, and you get paid , aybeu just have to leave a comment on the ad, the ad can hveits own steemit pge just like reddit ads, wow imagine that man

yes SORRY I'm off topic again fuck haa, OK @prc YES dsound;s creator needs steempower delegationa nd support! So many great talent and vdeveeopers need their support, imagien when @prc is able to create a Dsound but for photgraphers, like basically Dmania but instead of memes, just Photos. I see big potnetial for this, and for dsound to have live STREAMINg audio, oh THAT woul be SO cool to ghve live radio , steem Djs; that is gona be SO cool,imagie you get Paid in upvotes for playing cool music on your rdio stream! Like Dsound but live like Dlive!

OK sorry I getting off topic gain! I just see So many ideas for steem! Ys we ave SO much potential and we should stop seeing steemit inc as the saviours and start pushing them to give us more updates. No they don't owe it to us, but we can still ask! Its in our best interest to provide a SOLID communication relationship between steemit inc and the steemit community, so that we cn ALL be confident in our shiling of steem across the four corners of the internet as @timcliff has requested with do for his contest, hes paying steem to steem users who promote steem on social media , Binance style!

And yes I gre the User Intrface looks like it was made by engineers with no artists among them. They need graphic designers to help them, this is project xanadu damnit! The whole point of xanadu is to present web pages in a more fluid organic easy to read way, and so far the big centralized sites have nicer interfaces,BUt I MUSt say that for example steepshot and busy.org have BEAUTFUL interfaces, Goldvoice.club for golos is also beautiful! I have no doubt we will GET a massive UI change overhaul IF Not we will start making our OWN chrome extensions that let us see stuff like wordpress widgets to show a users dtueb and dmania and dsound post ON their blog! We will make our own custom front ends as well, especially one for dealing with charities on steem, like aPATREON front end for steem, we higlight and present steemians like @kofpato or @steem4depoor for examplee, show a page that has all their works like a resume of good deeds, showing all the images and videos etc, and then you can hava button to just delegate or put that user you wanna support on an autovote list, with a sort of minnowbooster type system to give some automated payout in liquid steem or sbd to help support te person you wanna support, with the click of one button, ND it can even signup a new steem user, automatically help tem buy Steempower with their credit card eve using coinbae gatewya if possible, or using a future steemconnect portal, ANYWAY the whole point would be to sign someone up, take teir Credit card or bank info to buy them Steempower directly frm fiat, and allow them to one touch delegate it or autovote the user, it would make supporting users n steem who do good wrk, very very esy, like I said I believe it could become the PATREOn of the steem blockchin!

The opportunity to be a servant to these solid steemitizen men and women doing these amazing things on the ground in these countries is staggering to me and those who help us do all the fund raising.

My God yes, I cannot agree with you more. Helping these projects Is a privilege! HElping make these projects grow is starting to make us believe that we can actually end global hunger and end extreme poverty in our lifetime! In fact ive done calculations and since average west Africans are surviving on yearly salaries of $50 to $200 vry often, that mans that as the steem blokchain and reward pool grows, there actually will be enough money to help sustain the live and economic upward mobility of every unemployed person in subsahara Africa, if Steem hits Facebooks Marketcap of 500 Billion or $2000 per Steem token... And yes I really do believe we will DOUBLE steems marketcap one day and hit 1 trillion one day maybe in 5 to 10 years.

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Yer not a bad guy Ak, perhaps a bit noisy, but I've been called worse myself. And you aren't wrong about most of that.

But if you got mughat talking about a "purpose" other than his own, i'm quite impressed! :)

As for chrome plug ins that fix a lot (and break a couple things) where the good outweighs the bad, try this one.

https://steemit.com/steemdev/@armandocat/steemit-more-info-1-4-chrome-extension-firefox-extension

This plus GinaBot by @neander-squirrel and you almost have a halfway useful system.

Of course, steemit, inc. is way too busy worrying about keeping Ned's ego and hair intact and sneak's asinine existence alive, so don't expect such routine circa 1998 features from them anytime soon.

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geting to know what you do for people out there is a priviledge. Its like having a guild to follow. Charity has always been what I believe in. @sourcehope is the new account to archive all activities based on charity and sharing in others stories.

I am following you now.

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Thank you @ackza for the exposure and the support to move beyond my comfort zone. @surfyogi helps me to make aome plans that I feel makes sense.

@sourcehope is going to be about chaRarity and giving new hope to people.
I am excited and looking forward to change process through steem.

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The whole post is just some fancy talk for ¯(ツ)
If it would have been talked I'd say: lots of warm air
but because it's written I rather say lots of randomly arranged letters

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This is one of the best communications I have seen by any blockchain related organisation.

Though that's some bottom barrel bar. But still, any progress is good.

Thanks @ned for the update! This was really needed.

I think though that you could do a more detailed update like @dan does it for EOS regarding SMTs, this stuff is rally a game changer and warrants a more detailed status report...

Thank you so much for all your efforts! I think Steem will succeed!

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Awesome can't wait for these features

and they want it yesterday

Might I interest you in one of our fine time machines? xDTime Travel.png

Linear reward

I could be mistaken but here are my concerns.

The current system inevitably advantage those who engage in 100% self-upvote while under the n^2 reward curve those who hold the most SP under 1 account are the one advantaged.

Unless I'm missing something, this inevitably advantage those who engage in self upvote all the time and sooner or later these people will reap the greatest reward and end up being the majority "shareholders".

No policing of such behavior is currently possible because the policing is all at the cost of the "police". Policing becomes more difficult over time while the "abuse" remains risk free and doesn't increase in difficulty.

One other advantage of non linear reward is that it rewards those who concentrate their votes and thus incentivize the very best authors and posts.

The very best information is what really matters. Nobody wants the second best.

Also n^2 reward curve favors larger accounts and thus create some disincentives for selling delegation and votes.

...whales should be encouraged to vote on good content so that it attracts better content, so that their stake becomes more valuable.

...there are still people out there (like myself) trying to find and reward good content, but by doing that I will lose out and my stake will not grow as fast as that of a selfvoter. @felixxx [1]

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The current system inevitably advantage those who engage in 100% self-upvote while under the n^2 reward curve those who hold the most SP under 1 account are the one advantaged.

The unfair advantage of n^2 is the same if the SP is in a person’s one or several accounts all voting for the same content.

N^2 failed at highlighting content quality content too. It’s biased to the same group at the top, who aren’t or don’t want to be editors/curators of the trending page.

If you’re looking for ways of achieving better results in token-oriented sorting of content, then consider SMT Oracles (there’s a paper coming out soon and it’s mentioned in my blog) and Communities (see the spec and the Hivemind spec linked in OP).

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The unfair advantage of n^2 is the same if the SP is in a person’s one or several accounts all voting for the same content.

True, but at least such a whale would have to spread his Steem power on many different accounts, so that every single account had less steem power - also the ones executing the last upvotes in the row. Apart from that he would have to own quite some accounts to profit from the n^2 effect ...

I still think either a sigmoid reward curve or a curve which starts as n^2 and ends linear are at least worth to think about ...

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Thank you for your answer. I sincerely appreciate it. I also very much appreciate Steemit's overall performance and work. Short comings an challenges are and integral part of any projects.

Just to be clear, I know we are both trying to do our best. We both have a lot invested in its success.

N^2 failed at highlighting content quality content too. It’s biased to the same group at the top, who aren’t or don’t want to be editors/curators of the trending page.

It's bias toward those who have the most to lose or gain from the success of Steem while linear is bias toward those who self upvote the most at the expense of everyone else.

The original whitepaper states:

In order to realign incentives and discourage individuals from simply voting for themselves, money must be distributed in a nonlinear manner.

The reason why Steem was designed with nonlinear reward can be read in the whitepaper under the quote I just mentioned. Why nonlinear is better for content quality is also stated.

When self vote is the most profitable strategy, voting for quality content is always at the expense of the voters.

Original Whitepaper

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Yes I also wrote in the paper it “is an experiment...”, and we have learned much since then.

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I understand. We'll see how it goes from here.

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Hi @ned , thanks for bringing this answer and making a mention about SMT Oracles. I will search on this to know more about it.

Regards, @gold84