dstors by inertia

View this thread on steempeak.com
· @inertia · (edited)
$19.08
dstors
&nbsp;<p><center><pre><code>-== Full Disclosure ==-</code></pre></center></p>
<p><center><pre><code>I am not a financial advisor nor is any
content  in  this article presented  as
financial   advice.   The   information
provided  in  this  blog post  and  any
other   posts   that  I  make  and  any
accompanying     material    is     for
entertainment  purposes only. It should
not    be   considered   financial   or
investment  advice  of  any  kind.  One
should  consult  with  a  financial  or
investment  professional  to  determine
what  may  be best for your  individual
needs.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</code></pre></center></p>
<p><center><pre><code>This  is  only my opinion, make  of  it
what  you wish. What does this mean? It
means     it's    not    advice     nor
recommendation  to  either  buy,  sell,
delegate, or undelegate  anything! It's
only  meant  for use  as  entertainment
purposes.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</code></pre></center></p>

<hr />

<div class="pull-right">
<blockquote>
<img src="https://cdn.steemitimages.com/DQmf1sAPuwoVLj2Mp5RTNER941GupPs6otCE7CcAarMzpQY/image.png" />
</blockquote>
</div>

With that out of the way, let's do some **entertainment**, such as it is.  I realize walls of text might not be entertaining to everyone.

It all started with an interesting series of posts by @whatsup.  If you didn't read those, here they are, and I'll summarize:

* [A quick little note for all of you delegating to dstors](https://steemit.com/busy/@whatsup/a-quick-little-note-for-all-of-you-delegating-to-dstors) - Wherein whatsup makes a note about some dialog she had in a prior comment with someone at @dstors.  In her note, she makes a comparison between one app and another.  Apparently, dstors took offense to this comparison.
* [Check out the Classy Behavior Of the Dstors Crew on my post!](https://steemit.com/busy/@whatsup/check-out-the-classy-behavior-of-the-dstors-crew-on-my-post) - Due to flags applied to the previous note, whatsup thought it'd be a good idea to document more.
* [Concerns about @dstors project](https://steemit.com/dstors/@project7/concerns-about-dstors-project) - Apparently, @project7 was also having concerns.  His post was written 5 days prior to whatsups' posts and hidden until after whatsup reblogged it and the community got it visible again (I might not have the exact order right).

You can get even more caught up by looking over these threads.

---

After the dust settled, I was left scratching my head.  I have never delegated to dstors, but I have delegated to other projects.  It got me wondering what the breakdown was in my process of deciding who to delegate to, if any.

Here's what I came up with:

#### Q: Does an app need to define what it means when they say they're "on the blockchain?"

It is a plus if they can produce a whitepaper.  It's also a plus if they can show, in their whitepaper, what specific aspects of the blockchain they plan to use in order to solve problems.  It's also a plus if they can release code that shows specific examples of how they plan to solve problems, although that might not be appropriate for the whitepaper, per se.

Notice, I'm saying "it is a plus."  I'm not saying any of this is a requirement for a legit app.  These are just some ways a potental app might go about proving what they mean when they claim they're "on the blockchain."

There are plenty of apps that launched doing none of this and were still great apps.

#### Q: Is delegation an appropriate way to support *development* of a project?

First of all, (for **entertainment** purposes) it is my opinion that delegation alone does not make your app "on the blockchain."  That would be circular.  "Delegate to my app because my app is on the blockchain if you delegate to it so my app is on the blockchain."  Circular.

An app can claim they need delegation in order to support *development*, but that doesn't make it "on the blockchain."  Notice, the keyword: *development*

I point this out because, at least for the moment, Upvotes are the main way STEEM Power provides benefit.  I would love to see more use cases for STEEM Power than just Upvotes.  Ok, there are other benefits like Downvotes.  And Resource Credits.  But if you delegate, you are telling the platform that you want this project to have bigger Upvotes.  And how do Upvotes support a project?

Well, you can come up elaborate ways to sell Upvotes.  I'm not against selling Upvotes.  I'm not against a trading platform for buying Upvotes.  But that's all we're talking about.  Upvotes.

So can you support *development* (remember that keyword, here) of a project using delegation?  Yes.  Either by Upvotes directly or Upvotes indirectly.  But either way, *development* is being supported by the Reward Pool.

So it all boils down to, is it appropriate to support *development* of a project using funds from the Reward Pool?

The real question is, do these apps, supported by the Reward Pool, return value to the platform?  Do the rewards just exit the platform or do they really go to the app's *development*?  And if it goes back to the app's *development*, is this a sustainable model for this app and the Reward Pool in general?

The answer is maybe.  But even if it all works out, it needs to be fully described ahead of time so that people know why they're delegating.  Even if it's just: "Delegate so that the Reward Pool supports app *development*."

There are plenty of apps that are currently doing this and they are still great apps.  And they're still supported by the Reward Pool *and* some return value to the platform.  Some of them are moving on to a more robust funding method because they've outgrown this model.  Some apps never used the Reward Pool for development funding in the first place.  And some of them have moved on from the platform entirely, after realizing they couldn't fund their project from the Reward Pool and/or they weren't returning much value at all.

What we want to avoid is funding *development* using the Reward Pool while getting little or no value returned to the platform.

**Example:** I'm going to start selling hamburgers on 5th and Broadway, please delegate to me.  I cannot claim: *"The First Hamburger Stand on the Steem Blockchain!"*

---

So let's tie all this back to dstors.

I asked @kaliju:

> In what sense will [dstors] be "on the blockchain?"  Will it track items that people list for sale as `custom_json` so that third parties can follow the life-cycle of individual listings?

At the time of writing, [he has not answered my question](https://steemit.com/appics/@inertia/re-kaliju-backend-alpha-kw-50-appics-im-6515-20181223t090741005z).

But you can see where I'm going with this.  Setting aside any any elaborate Upvote trading system dstors might intend to implement, how do they intend to make their app leverage Steem?

I'd love to see a non-fungible asset for each item being listed on dstors.  Then, each item could be traded in some kind of market system.  Does this fully leverage a trustless transaction?  No, but it most certainly would put the app **on the blockchain**.  And I think it's a reasonable minimum viable product for an app that [has already compared itself to Steem Monsters](https://steemit.com/dstors/@dstors/a-profit-vision-for-steemians):

<p><center>
<img src="https://i.imgur.com/3nC0jWb.png" />
</center></p>

Because he has not yet gotten back to me, I decided to look at @steemfleamarket, the precursor project to dstors apparently "written" by kaliju.  None of it has any code behind it that I can tell.  Just templates.  Mind you, there's nothing wrong with templates.  You gotta start somewhere.

But I'm not sure there's really anything substantially mind-blowing on steemfleamarket.  I don't see any mechanism that uniquely facilitates trade (with or without trustlessness).  I see a slightly less elaborate Upvote and Resteem buying mechanism than dstors.  I see WordPress integration.  I see an attempt to create some kind of Review Process, but that's based on Upvotes and Resteem buying too.

That Review Process in particular is kinda funny to me, actually.  Basically, people post "How did I do?"  And people reply "You did great!"  Then they all upvote each other.  Hilarious.

Anyway, check it out.  This is the first attempt to implement the steemfleamarket idea:

[GIVING AWAY my 4K mirrorless SONY A6500 camera on # STEEMFLEAMARKET](https://steemit.com/steemfleamarket/@kaliju/giving-away-my-4k-mirrorless-sony-a6500-camera-in-the-name-of-freedom-steem-and-the-steemfleamarket-community-initiative) - Wherein kaliju personally lists his camera for Upvotes (he got 4.63 SBD, watch the video).

This was the template:

1. MAKE A POST **DESCRIBING** YOUR GIVEAWAY ITEM
2. TAG IT WITH **# STEEMFLEAMARKET**
3. SET THE UPVOTE TARGET OF THE **INITIAL COST OF THE ITEM**
4. IF UPVOTES **COVER THE COST**: SELECT WINNER **BASED ON THEIR COMMENT** OR RANDOMLY
5. IF UPVOTES **FAIL** TO COVER INITIAL COST: SELECT **9** RANDOM PEOPLE, **BASED ON COMMENTS**, AND **DISTRIBUTE 90% OF THE TOTAL PAYOUT** TO THESE PEOPLE.

At the time, this is what they meant by "on the blockchain."  Personally, I would word it as "Raffles Funded by the Reward Pool."  Is that still on the table for dstors?&nbsp;
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 20 others
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vote details (84)
@dstors · (edited)
$2.69
Hi inertia. Kali here. Thank you for the suggestions in this post. There was a little miscommunication with someone on the team and unfortunately, dstors account was used to answer to people without my knowledge. This upset me greatly as I would've never allowed myself to carry out communications in that manner. 

If whatsup (who had great concerns to be discussed) or anyone else sees this, know that I'm fully aware of the situation and what had transpired and that I will be publishing a post on my @kaliju account to consolidate all questions/concerns and answer directly. I invite you all to join me there. I hope the community can find the strength to understand the situation. 

I could've answered all whatsup's questions peacefully but alas, was not there at the time of the activity. I literally woke up to hundreds of comments from the community and was like *WTF* is going on? I got to the bottom of it and must remind you all that the problematic comments were not from me. I'll make it up to you and hopefully we can all move past this - I didn't want any of it and was not immediately aware to prevent it. For that, I take responsibility and will make sure to NEVER screw up like this again. 

Currently I'm the only one in control of @dstors and it will remain so until further notice. Please disregard everything that was stated from @dstors on whatsup's posts - if it didn't come from me - then none of it is official. Thanks for understanding all.


P. S steemfleamarket thing... That's like looking at my kindergarten photographs. Forget it. That's not on the table for dStors. 
👍  , , , , ,
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vote details (6)
@whatsup · (edited)
https://steemit.com/appics/@kaliju/backend-alpha-kw-50-appics-im-6515  

So, you were so sorry  about how your team handled things that you made a post mocking and calling mocking the handicapped as well, from your personal account?  :)  Did the mystery person make that post as well?

So sorry that your large investors still have flags all over on my posts and project7's as well.

You sound remorseful here..

_I'll make it up to you and hopefully we can all move past this - I didn't want any of it and was not immediately aware to prevent it. For that, I take responsibility and will make sure to NEVER screw up like this again._


You are going to make it up to Inertia?  Interesting.
👍  ,
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vote details (2)
@dstors · (edited)
> Well, I can see you really were concerned about how you spoke to people.

I never spoke to you or people until now. That book recommendation post is mine. I do find your repetitive assumptions **annoying**, to be honest. Read the above comment again please, I said I was going to make it up to the people who were involved, not inertia specifically. As for delegators - they're their own people, I don't control what they do or how they react. That's none of my business. So, did you have an actual question or just want to chit chat?
👍  
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vote details (1)
@inertia ·
$1.73
Thanks.  Maybe you could answer some of the other questions in the OP as well?  I appreciate it.
👍  
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vote details (1)
@dstors ·
Sure, which one is it? Thanks.
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@chekohler ·
$2.36
I won't say I'm the most clued up on the specifics of the whole saga I read a few posts on it but all in all tempers aside I think its good that community members have these discussions out in the open. 

Voicing all possible concerns and going through scenarios is whats going to make open source projects innovate faster. As someone who has created their own product in the past I know how you can fall into some of your own biases and those who prop you up and only give you positive feedback may just help keep you in your echo chamber. 

Criticism is hard to take but when its good its free advice, or that's how I see it. 

I did see a bit of personal bashing and insulting along the way which I think we should move past, we're not Facebook users lol and thats going to leave a bitter taste in alot of investors and possible users mouths going forward. 

Really hope the project will work out for the best!
👍  ,
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vote details (2)
@inertia ·
$1.72
Voicing concerns to someone who is non-responsive does nothing for innovation.  An example of non-responsive would be: "Hey, did you sweep the floor?"  And instead of answering the question they say, "Sweeping the floor would be a good idea."  The reply is an attempt to dissuade the need for a responsive answer like "Yes" or "No."

While I agree that voicing concerns is a good first step, if the replies are non-responsive, it causes innovation to slow.

Regarding the personal bashing, I agree it would be nice if people could move past it.  But it reveals information as well.  In some of these threads I have seen **a)** hard questions, followed immediately by **b)** a mix of responsive and non-responsive replies, then **c)** more hard and progressively more pointed questions, followed by **d)** tantrums and personal attacks.

It didn't have to go there.  Hard questions and even criticisms are productive.  Interpreting hard questions and criticisms as personal attacks reveals a fundamental problem.
👍  ,
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vote details (2)
@steem-plus ·
SteemPlus upvote
Hi, @inertia!

You just got a **2.07%** upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in [here](https://steemit.com/@steem-plus) to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
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@geekpowered ·
$0.74
I think that if development updates are made on the blockchain, and they get support via the blockchain, then development can be said to be "on the blockchain", though it's still a little bit iffy. Really, you would want to put the actual code on the blockchain to say even that.

But, I support SteemWorld with my tiny upvotes on the developer's support posts. I'm perfectly fine with that. His tool is for Steem and he includes updates about new features and ongoing development in the posts. But, if there was a project that had nothing to do with Steem and it was just doing posts about the ongoing development and future features and such, I would possibly still support it. Would of course depend on what it is. I think funding a small project with funds from posts on it's development is perfectly valid. But that doesn't make it "on the blockchain".

Crypto is pretty obsessed with white papers...and blue papers. Something doesn't necessarily have to have a white paper. But, in the crypto space, it definitely helps. If it doesn't have a white paper, it should at least lay out some of what would normally be in a white paper in some other way. If they aren't clear about what they're doing, then some people won't be comfortable. Of course, sometimes it's advantageous for people to not be fully clear on what it is...like when it's a scam.

My perfect project would have it somewhat clear what it was doing, white paper or no, and be open source, but that doesn't mean every project has to be. Some might want to keep their plans close to their vest. Crypto and open source mix pretty well though. A lot of people aren't that trusting when people aren't open in the crypto space. They want a clear plan and open source. Though, they don't seem to have too many problems with very weird people, so that's kinda cool, sometimes.
👍  
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vote details (1)
@inertia · (edited)
$0.02
> Really, you would want to put the actual code on the blockchain to say even that.

I'll stop far short of this requirement when talking about Steem.  What you're describing is a smart-contract and we just don't have that feature on Steem.  I suspect we never will.  But you can still do off-chain code execution and provide verification on-chain.  Doing so is perfectly valid and, in my opinion, qualifies as "on the blockchain."

 > Of course, sometimes it's advantageous for people to not be fully clear on what it is...like when it's a scam.

A scam is only *one* situation.  There are many perfectly valid reasons to keep your plans a total secret.  But in that situation, it's ideal not to call people [retards](https://scribe.steemian.info/?url=https%3A%2F%2Fsteemit.com%2Fappics%2F%40kaliju%2Fbackend-alpha-kw-50-appics-im-6515) when they ask questions about the technology.
👍  
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vote details (1)
@geekpowered ·
>I'll stop far short of this requirement when talking about Steem. What you're describing is a smart-contract and we just don't have that feature on Steem.

Nope, not talking about smart contracts, but development. You totally could put code updates on Steem. You'd just have to make your own interface. It even does edits the same way that git does, a diff. I'm not talking about the code actually running on Steem, just the development.

>A scam is only one situation.

Yep. I was using it as a humorous example. Even above that as a reason would likely be paranoia, but one doesn't have to be paranoid for people to actually be out to get you. The corporate world is fucked up and cutthroat. People actually do steal ideas. Of course, many people are incompetent, so if you can do better than them, you might have a chance.

>it's ideal not to call people retards when they ask questions about the technology.

They aren't doing so well with the public relations so far...
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@steem-ua ·
#### Hi @inertia!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your **UA** account score is currently 6.525 which ranks you at **#153** across all Steem accounts.
Your rank has dropped 1 places in the last three days (old rank 152).

In our last Algorithmic Curation Round, consisting of 238 contributions, your post is ranked at **#3**. Congratulations! 
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* You've built up a nice network.
* The readers appreciate your great work!
* Good user engagement!


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@pennsif ·
This post has been included in today's  [**SOS Daily News**](https://steemit.com/steem/@pennsif/sosdailynewsallyouneedtoknowaboutthestateofsteem24december2018-j5askfnlic) - a digest of all you need to know about the State of Steem.

***

* *Promoter of [**The SOS Forums : Weekly Discussion Forums on the State of Steem**](https://steemit.com/dtube/@pennsif/amwntxt3).*

* *Co-ordinator of [**SteemClub-UK**](https://steemit.com/@steemclub-uk).*

* *Editor of the [**weekly listing of steem radio shows, podcasts & social broadcasts**](https://steemit.com/mspwaves/@pennsif/schedule-of-radio-shows-podcasts-and-social-broadcasts-supported-by-dsound-week-beginning-24-december-2018).*

* *Founder of the [**A Dollar A Day**](https://steemit.com/adollaraday/@adollaraday/a-dollar-a-day-charitable-giving-project-over-usd600-donated-in-november-2018-monthly-summary-of-donations-received-and-given) charitable giving project.*

https://pennsif.com/wp-content/uploads/2018/08/adollaraday-linear-400x98.jpg

***
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@steevebot ·
This post was upvoted by [SteeveBot](https://www.steeve.app/@steeveapp/steevebot-starts-rewarding-steeve-communitys-most-appreciated-content)!

SteeveBot regularly upvotes stories that are appreciated by the community around [Steeve](https://steeve.app/@steeveapp), an AI-powered Steem interface.
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@awesomianist ·
This is unsettling.. Politics asides, I agree with you @inertia, while it is the SP holder's prerogative to delegate to whoever they want. the offerings of @dstors remains to be seen. It's not like the Steem community never got our trust ripped to shreds before.

I'll take the wait and see approach to this drama. Nothing i can do here.

<sub>Posted using [Steeve](https://www.steeve.app/@steeveapp), an AI-powered Steem interface</sub>
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