pull down to refresh
Steemit was a pioneer, I'm shocked that Stackers don't know about it.
Yes, it was a shit coin, but it couldn't have been done on Bitcoin at the time, and it did find PMF until government broke down. It was the only shitcoin at the time whose value didn't track Bitcoin's, it found a completely new audience and onboarded them to crypto, unlikely basically all of the new people at the time who came through Bitcoin. In that regard it was more successful than SN, which has never found PMF outside Bitcoiners.
The purists moved to a fork called Hive. They will meet in places like Kuala Lumpur.
I'd be interested to learn more about this history. I'll do some googling, but I'd zap for some links to get me started on the right track.
A friend gave me this link: https://t.me/hiveblockchain
You could ask in there.
Unrelated question: these 512 sats, where do they go? They don't change the balance I see in the header. Just curious.
Nah, even when it came out it looked megascammy. IIRC, some of the issues were that there were two tokens and it was architected so that prioritization of posts was completely tied to who held the most tokens of one type, which were almost entirely held by the founders and their friends, and the other token was only used for withdrawals and had all sorts of cooldowns and other obstacles to actually taking money out of it, while it no longer was usable for prioritizing posts.
A piece of trivia, Dan Larimer, steemit’s controversial founder, who also started BitShares and EOS, was the recipient of the famous Satoshi line “if you don't believe me or don't get it, I don't have time to try to convince you, sorry.”
I found it while I was on my journey towards SN and thought the idea was really cool but I never found much interesting content or anyone to really engage with.
oh man! that is excellent! Thanks for pointing it out!
now i have.
Have you ever used it? (All the posts seem to be daily curation posts or about launching coins)