Steemit Killer: What They Are All Missing by taskmaster4450

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· @taskmaster4450 ·
$15.94
Steemit Killer: What They Are All Missing
We go through phases where we see articles and Tweets about the next "Steemit Killer".  

I am often perplexed by what they mean by this since there is a lot of confusion out there about Steemit.  Most use the term when referring to the blockchain so are they really saying they are going to kill the Steem blockchain?  That is not likely to happen.

I can only surmise they are referring to Steemit.com.  This is the most heavily used interface on the Steem blockchain.  The problem is that most of the Steemit-Killer crowd does not realize that there are others.  

And this provides Steem with a distinct advantage.

<center>![image.png](https://ipfs.busy.org/ipfs/QmcUH7VJGhpQCt85W2CvmhzGeAVmR2aaKoDUK8Jnp63zZG)</center>



There was an article in Hackernoon detailing the latest addition to this.  SNAC is supposedly the next generation social media application and one that is going to take Steemit out.  In the article they were even so kind to spell out the rise and fall of Steemit.

It detailed Steemit being the first one to create a social media platform that rewarded users and how many started thinking it would become the next Facebook.

The article also states this:

>Just recently, it was reported that Steemit laid off 70% of its staff. Even though the company accuses bear market of the downfall, let’s just agree that it was because of boring UI/UX, lack of mobile application, absence of diverse content and very low compensation.

All if this is true.  Steemit Inc did lay off 70% of its workforce in a reorganization.  Of course, they were not the only ones to do this so I am not sure how this is really a major issue.  In fact, if some research was done, it is easy to see that Steemit Inc is actually more productive since the lay off than before.  My view is they accomplished a lot more for the blockchain since that time. 

As for the interface, I whole-heartedly agree.  For more than a year I wrote how the interface is something out of the 1990s and there were better options out there.  I personally use Busy.org and Steempeak for most of my activity.

Nevertheless, here is the key.  **The fact that Steemit.com does not have a monopoly on interfaces is a good thing**.  While the article points out the boring interface and lack of mobile, that does not mean it does not exist on here.

The idea is distribute the power.  Facebook is such a nightmare because it has so much control.  The fact that there are other desktop interfaces on Steem make the ecosystem stronger.  We also have esteem and partiko in the mobile arena.  

Here again we see something very powerful overlooked.  While Steemit.com has been ignored for a couple years by the developers, the other interfaces received plenty of attention.  Just taking it from an idea perspective, there are multitudes of groups all over the world improving the interface experience on Steem.  It is not relegated to one team like with SNAC.

Also, what happens if SNAC faces the same things as Steemit Inc?  What if one of the founders gets indicted for something?  Perhaps a regulator somewhere gets a hair up his or her ass and goes after the company.  What if a massive DDOS attack takes place that lasts for days?  There are hundreds of things that can happen to an individual, centralized entity.  

With Steem, we do not have that problem.  Problems at Steemit Inc, at the interface level, do not affect the ecosystem.  The other teams are progressing along regardless of what that company does.

As for the diverse content, that is up to the user base.  No interface alters the content put up.  All of them on Steem allow people to indulge whatever area is of interest.  The fact that the content is not consider diverse is, first, an opinion and, secondly, a reflection of the community.  

The same holds true for the "low payouts".  Compared to what?  What is the barometer?  And when?   Compared to what Facebook and Twitter pay, the payouts here are high.  The blockchain puts out over 800K STEEM a week in rewards (roughly $300K in USD now).  

What people are missing is that Steemit.com is becoming a smaller part of the entire ecosystem.  This is something that shows the expansion and growth of this ecosystem.  The evolution is moving it away from the original design.  Steem is no longer a blogging platform.  In fact, the content creation idea is starting to drift back a bit.  We are seeing other applications showing up that use the blockchain for different purposes.    

Looking at the State of the DApps, of the Steem apps in the Top 20, half (5) are not blogging applications.  Their interacting with the blockchain is for other purposes.

Perhaps SNAC will be a widely successful endeavor.  I have no idea.  That said, if their intent is just to go after Steemit.com, then I think they are barking up the wrong tree.  In my mind, Steemit is becoming less relevant as an interface as times goes by.  It was the first application on Steem and had 100% of the users at one time.  Since that point, it is steadily heading downward as activity is spread among more applications.  I see this continuing into the future.

Here is the article.

https://hackernoon.com/snac-a-steemit-killer-3581d878211

___
If you found this article informative, please give an upvote and resteem.

![image.png](https://ipfs.busy.org/ipfs/QmPvBkjBFuAKHQR7MacQ1679NryWNG5ZexgaPZdUmTo4so)


![image.png](https://ipfs.busy.org/ipfs/QmYRwbaYkV7kubaAqefvGi6kxW25EdzUdZRP8XWsRWXKTj)

Picture from article linked.
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@markkujantunen ·
$0.04
Such a headline is a sure sign of BS.

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@tts ·
To listen to the audio version of this article click on the play image.
[![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/taskmaster4450__steemit-killer-what-they-are-all-missing.mp3)
Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvoting this reply.
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@shainemata ·
$0.07
I often see people point to the falling Alexa ranking as proof that STEEM is on the decline. I think a more accurate measure is to aggregate traffic to all the points of access to the blockchain. It may turn out traffic has increased. 

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@toofasteddie ·
Bullshit everywhere, specially if they don’t understand the difference between steemit and Steem 

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@tamiil ·
Yeah, I don't get it. There are a lot of Steemit killers on Steem, competition is fierce on that front already. So what are the chances one takes off on another blockchain? 

I have to give the article some props though for mentioning DTube as another potential Steemit killer, calling it "it’s basically a Youtube on the Steemit Blockchain". I know it's super confusing calling DTube the Steemit killer on Steemit, but hey, journalism. :P
👍  
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@fedesox ·
I wonder if someday people will finally realize that Steem (blockchain) is not Steemit (website).

> D-tube is YouTube on the “Steemit blockchain”.

Here is an example, the author of that article has no clue of what Steem is and you can read it quite often, can’t be just mistyping.
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@taskmaster4450 ·
$0.11
Yeah shows complete ignorance.

Hard to take things serious when a simple mistake like that is made.
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@mattclarke ·
$0.02
Maybe we should start tracking **Steemit dominance**, as a percentage of transactions :)
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@taskmaster4450 ·
$0.35
A while back I remember someone (I dont recall who) point out to the fact that Steemit dropped below 50% of all transactions.

It would be interesting to see if we could get those numbers.

I wonder if @abh12345 could pull them.
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@ocupation ·
> D-Tube is the shorter from of Decentralized Tube, it’s basically a Youtube on the Steemit Blockchain.

On the steemit blockchain haha and they consider themselves relevant? LOL this is truly annoying thing to see.
They haven't even take one hour time to inform themselves,, ,wouldn't use this one even if it's the last one.
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@newageinv ·
There is more than enough room for more than a handful of these as we have seen on the centralized ones as well.  The evolution of more will help develop the existing ones improve and help adoption.

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@preparedwombat ·
>The blockchain puts out over 800K STEEM a week in rewards 

I think that’s a bit high. The current supply of Steem times the inflation rate divided by 52 is more like 500K a week.
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@taskmaster4450 ·
Both Steemdb and Steemd have it presently at 884K.
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@preparedwombat · (edited)
Well they show the size of the rewards pool, but that’s not the same thing as how much is distributed in a week.

>Reward payouts are controlled by the size of the rewards pool (reward_balance) and cumulative claims (recent_claims) against the rewards pool over the past 30 days. -@leongkhan

Source: https://steemit.com/steem/@cmichel/how-does-steem-work

I can’t remember where I read it, but I’d swear I saw a post somewhere about a year ago explaining why the reward pool is larger than what gets paid out in any given week. Which makes sense in that if  the Steem inflation rate is only producing about 500K new Steem per week, how could it be paying out 800K?
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@cmplxty ·
It’s flattering that so many aim to ‘take down Steemit’. It shows success thus far in my opinion, when there’s all kinds of groups aiming to compete. Pretty good free market action in my opinion!

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@ssjsasha ·
$0.43
i hope one day to see steem on the news after a MASSIVE price run up... watching the news with a big smile on my face :D
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@pastrane ·
I see that too and the anchors saying nobody saw this coming, but we are seeeing this because all of us are the founding fathers
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@sepracore ·
While on face value this bear market seems incredibly bad, I think it will be seen as a good thing in hindsight. 

1) It forced Steemit Inc to get serious and solve many problems that high Steem prices were masking, like high operating costs. The advances they have made over the last 5 months have been incredible. Yes, SMTs are not here but I think that could possibly be a good thing because I don’t think the blockchain was ready to scale yet. I think when SMTs are finally released the blockchain will be ready. In many ways, the worse thing that could happen to Steem is mass adoption before we are ready, people get a bad taste in their mouth, and never come back. RC delegations seem critical imo. The bear market also led to Ned steppping into a different role. Him doing that was a sign of leadership he doesn’t get enough credit for unless it was forced upon him. I don’t know the details. 

2) It was the moment that the community decided to step up just in case Steemit Inc didn’t make it. This was the spark that is now leading to things like the Alliance and the Worker Proposal System.  Not to mention projects like Steem-engine. A move toward a more decentralized ecosystem was and is important. The downfall in December helped this.
👍  
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@steemitqa ·
$0.17
> Perhaps SNAC will be a widely successful endeavor. I have no idea. That said, if their intent is just to go after Steemit.com, then I think they are barking up the wrong tree.

SO many "Steemit killers"  we must be doing something right! I agree with the above statement 100 %.
👍  ,
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@shanghaipreneur ·
Great article! I was thinking about the same things this morning when I wrote this: https://steemit.com/steem/@shanghaipreneur/on-the-future-of-steem-and-meos-the-steem-killer 
100% agree that the innovation here is obviously not the interface, but rather the method of distributing power via token rewards.
👍  ,
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@wil.metcalfe ·
You 100% bang on in your assessment @taskmaster4450. I’m always scanning the horizon for something that could potentially replace the Steem Blockchain (its part of my investment due diligence so to speak) but as of yet... nothing even comes close. 

Followed. It’s my first time dropping by your blog and I like what I see! I can’t afford to ignore your posts! Hahaha!

Keep Stepping and keep Steeming!

Posted using [Partiko iOS](https://partiko.app/referral/wil.metcalfe)
👍  
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@shadowspub ·
was listening to a podcast today by a very successful blogger. His blogs routinely bring in over 1,000,000 visitors each every month. He was talking about the metrics of SEO. 

Something which has always surprised me is how well Steemit.com does in the search engines even though good quality content is not the norm. 

The fellow was talking about one of his older, less maintained sites suddenly taking off in the search engines. When he took a closer look, he realized this happened after Google raised the importance of site speed in their algorithms. 

The site that took off was using a design that was several years old and had not been updated. 

So, we might complain about the Steemit design .. but it appears that is a factor in it doing as well in Google as it does.
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@partiko ·
Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
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@detlev ·
We saw and will see so many Steemit Killers and they are right. A better interface was needed, but now we have plenty and even a lot analytics and API and high level python tools and database tools and insta killers and video and audio and even a bunch of games TOGETHER with a strong community!

Let‘s see how their „killing“ will look like in a year or two. 

Great post that get a !BEER from me. 

_Uhhhh, did I mention the smart contracts we have at the STEEM platform made by STEEM-Engine??_

Posted using [Partiko iOS](https://partiko.app/referral/detlev)
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@beerlover ·
<div class='pull-right'>https://cdn.steemitimages.com/DQmYkG41gp3ErZYnX8pnHdDg1tMHmN73dsxDdxxQiijWZo6/beer%20into%20glass%20small.gif<p><sup>To view or trade <code>BEER</code> go to <a href='https://steem-engine.com/?p=market&t=BEER'>steem-engine.com</a>.</sup></p></div><center>  <img src='https://cdn.steemitimages.com/DQmY5cLULnVCSrQ5f8x6FaK5RL4CsGqtuCbGG1WZrW2fY9J/beertoken%20by%20beerlover.png' />  <p> Hey @taskmaster4450, here is your <code>BEER</code> token. Enjoy it!</p>   </center>
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