Hive needs to get out of Rehearsal
This is going to be an uncomfortable subject, but one that I think is necessary. I know people are sincere when they tell me they love this place, and the potential it has. So it makes sense that all of us do our part, if we really mean it, that is.
The old saying: Rising tides raises all ships. - That is the one we should all remember. A north to walk towards even if its only one single step at times.
Youtube Mirror:
▶️ 3Speak
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You were never confused while hosting shows. Why are u confused on video?
what you mean brother? please elaborate.
Glad 2 see it discussed! To many Hive peeps just afraid to be critical. We only help by being blunt and honest!
I let my vote get more drained than usual. Here’s a bonus unit since I wanted to vote higher! Cheers!
awfully kind of you bud
I keep hearing that Hive is 'not ready' for the mainstream, but after 9 years it should be. What more does it really need? The on-boarding does not have to be that bad, especially if you know someone with account tokens and I think Keychain makes it easy.
I don't have great reach on other platforms and I've saturated my friends with mentions of Hive. Some joined, but most are not too active. I'm not going to bug them about it. I've created a lot of accounts for various people. Maybe I should run some queries to see how many of those are active.
Hive has definite recruitment and retaining issues. If those we get are not sticking around then we have failed.
We have a proposal in the works, something that I believe will help change user retention once and for all.
That sounds exciting!
Growth. User retention. Some rational limitation on the unrestrained ability of anyone with stake to tax the earnings of anyone for any reason whatsoever. The ability to produce with a reasonable expectation of payment for it. Hundreds of thousands of people came here, undertook the learning curve and started producing content, only to be taxes 100% of the earnings forever, with no reasonable means of changing that. HW isn't reasonable. They're notorious for demanding people post daily for a year with declined rewards to get off the blacklist, demanding people practically grovel, submit to egregiously abusive treatment by HW principals and fellow grade school bullies on Discord, to be allowed to earn rewards for posting on Hive, and crap like that.
Onboarding is not the problem - or it wasn't before that foul reputation began circulating around the cryptosphere. User retention is practically zero at one year. Unrestrained taxation is why.
This is a good idea. If you find, as I expect you to, that none of the people you onboarded remain active, you should ask why. Some people are pretty durable, and it takes a consistent and complete 100% tax loss to HW to drive them away. Most people are outraged by having one post zeroed, and they're done.
Tax is a word that gets used for various things. People don't actually earn for downvoting and I am not sure it is quite as bad as you make out. I have found HW fairly reasonable if you actually talk to them, but they need to be fair with those who want to use Hive 'properly'. I expect they get plenty of threats and abuse.
Hive has various issues, but I don't think you can just blame one.
There is a level of the economy on Hive you ignore. Whales attain to ~90% (and more) of the rewards issued from the inflation via the rewards pools. Whatever is returned to the pool becomes again available to them, as a group.
https://peakd.com/hive/@khrom/why-downvotes-contradict-decentralization-a-mathematical-perspective
I have talked to principals of HW from time to time. They generally take exception to my statements, and we discuss these issues. I find they usually imply threats, but I don't use Hive as money, so my responses to those threats aren't typical, and we have not come to general agreement in our discussions to date.
I acknowledge there are various issues, but this one is fundamental to user retention. It is the primary reason Hive, and Steem before it, has the worst user retention of any surviving social media platform. Careful management of the users of Hive enables the platform to continue to generate ROI for the whales that have maintained the majority of stake on the platform since it's advent in 2016. While membership and the size of that oligarchy has changed, it changes little, and not in it's essential function to capture the vast majority of rewards.
We all gain from the inflation, but if the price falls due to bad publicity then you can still lose value. My own account has been worth many times what it is now when I had far less tokens, so I have lost out by staying powered up. So have most of the whales. I have met a few of them and they are regular people who want build something. Hundreds of people have a significant stake, so are they all in on this scam? I wish someone would tell me about it as I'd like a slice of these supposed riches!
Most people on Hive are not getting DVs, so there must be other reasons for lack of progress.
@khrom did. I did. However, you're not qualified to take much of a slice. There's been about ~36 whales that have consistently maintained a majority of stake on the platform since 2016 (excluding the founders (Ned and Dan), whose Founder's stake wasn't used for governance).
https://peakd.com/hive-133987/@arcange/hive-statistics-202504-enhttps://peakd.com/hive-133987/@arcange/hive-statistics-202504-en
Right now it's 41 whales, and they have just over half the stake. You're not one of them. They capture >90% of the inflation from the rewards pool, and always have.
As I pointed out above, they've managed to drop users to about the largest number that they can manage to profit from. There's still a few people they're working on purging by completely zeroing all rewards from posts and comments, some of them for years, like @por500bolos (no one is as stubborn and persistently defies total demonetization as he does). Some not as long, but still a long time, such as @yuribezmenov, and @dreamtales. These people all put out unique content, or post relevant content to Hive that others are interested in seeing, and do cite the source of the content they post, so they're not trying to plagiarize anything.
You seem not to be able to remember what I posted earlier in our conversation. Either that, or you want to pretend I never said it. Nonetheless, I explained that after 2017 masses of people were driven from the platform by zeroing out their rewards permanently, and now that we're at this size, the whales can farm the rewards pool and not have to worry about losing the power to control the witnesses because they can maintain that majority of stake that enables them to govern Hive. TheMarkyMark and TheRealWolf sorta messed things up with bidbots, but now they're part of that majority stakeholders, and gave up on bidbots. CoinInstant and his crew including TheGuruAsia do run a bidbot, but AcidYo recently drove away FreeCompliments who was building a community associated with them, so that peril has been eliminated.
Hive is a pure plutocracy. The majority of stake that votes for witnesses controls the consensus witnesses, and they determine what code runs, and that enables the whales that possess that majority of stake to attain to the majority of stake that issues from the rewards pool, and that enables them to maintain their majority of stake, and that enables them to control the consensus witnesses, and that...
That's how it's done, and that's why you're not in the ruling club.
Yet I'm still here...
You spend a lot of effort on trying to change my mind and it's not too effective. I'm conscious that Hive has issues, but I still believe it has potential for good.
Love and peace.
!BEER
Yes. Hive has "issues" and the main issue is that people still "believe" in it when they should use their brain and a voice of reason than just blind faith.
@valued-customer shows you that all those slogans who has suppose to be a firmament of hive are lies. There is no decentralization, there is no freedom of speech and P2P value transfer. There is no true web3 here so that what you supporting is Facebook on blockchain ;] For what reason? For money? Why not supporting Facebook then? :P Smaller risk of loose profits.. This is pointless efforts to still build something that as we can clearly observe after yeras, that it not making any differences against what we actually want to change. It is like a fight against oligarchy by build your own oligarchy XD Pure absurdity
You don't know my reasons for being here or my experiences with it and the people behind it. So let me make my own choices and you make yours. I don't get why anyone would focus on me anyway.
I don't have to know you to know what the reasons might be:
Generally, it doesn't matter whether I know or not your reasons ;] It's rather you who should ask yourself whether YOU know why you're here and also whether you're definitely aware and certain that your goals are definitely consistent with what you have here. because maybe you only thought that was the case because you don't know the whole truth or maybe your never think about that ;]
Someone I daily interact with here on Hive strongly promotes that exact policy. He says if you don't like what the majority stakeholders are doing, you need to buy more stake so you can make the rules. If only it was that easy, eh?
About what? I'm just pointing out facts. I have no agenda for you to adhere to. These are the facts. What you think about them isn't in my wheelhouse. I just want to be able to have discussions about policies based on mutually agreed on facts. If you believe these data are false, I am open to any evidence you might provide. If we can agree that these are the facts of the matter, we can discuss what is the best way to proceed in this environment.
I have chosen to post here, no less than have you. It seems we are substantially natively in agreement as far as that goes. Insofar as we have any disagrement, I have perceived it as matters of fact, so I provided probative evidence of facts I am aware of so we can reach agreement - not with any political, financial, or economic agenda - but simply to facilitate substantive discussions from a factual basis.
What do you think I would try to change your mind about? That strikes me as being defensive without any reason to be. You seem intent on reason, dedicated to ethical actions in our mutual society. I certainly don't want to change that!
I think we have different views on various things that will shape how we see Hive. Some of what you call facts are opinions. I know what I see and I choose who to trust.
The links I posted are not my opinions. Some of the facts I mention aren't linked, but if you disagree on some particular you can specify it and I can provide evidence of it.
If you don't want to see evidence, you want to believe.
That's ok. It's an important thing to know about, though.
Hive ecosystem is mainstream already. With age of eight years you can’t say it’s still in a rehearsal phase.
@tipu curate
Upvoted 👌 (Mana: 35/75) Liquid rewards.
That's precisely the issue I have with this. It shouldn't be. We need to either be out there playing for an audience, finding out audience, or need to pack it up.
This is not to say the blockchain will die, it could just be a speedway for commerce. VSC could be "the way". But, what I'm saying, is that the whole idea of Web3 social media is doneso. Blogging is doneso. Cast to the dark corner of the room, to sit next to myspace as we await for all of us to age out.
In the last decade social media has become the single largest sector of the global financial market.
Blogging isn't done. It isn't done right on Hive because unrestrained taxation is intolerable. Restrain taxation and Hive will prosper. It's really that simple.
What do you mean with this, when applied to Hive? Thank you.
!invest_vote
When we work for a salary, or for wages, our agreed upon pay arrives with taxes taken from it. We only get our chunk of our wages after taxes are extracted from it. Just so when we blog on Hive, except there's no agreed upon amount we will be paid, nor are the taxes limited to some percentage of our pay. We are paid by folks that upvote our posts, for whatever reason they feel we deserve an upvote from them, and taxes, should they be levied, are taken from our earnings by whomever feels our earnings should be reduce - or even eliminated completely.
On Hive it is even possible, and all too common, for all earning to be taxed away completely, forever. This has happened to tens, perhaps hundreds, of thousands of people, since 2017 when there was a massive influx of users to the platform (then Steemit), and that unrestrained taxation, and bidbots, mean things people have said, and some other faults (and strengths. Some people can't abide differing opinion and leave because there is free speech here), has reduced our number to 3-5k actual users. There are possible millions of socks, bots, and probably most of them claimed by whales have never been used. I know some users have >10k such socks, and I doubt most of those accounts are used. They're sure not automated, posting AI created drivel, for the most part, although some few may be, because we don't see the traffic that would create.
Anyway, just as taxes are taken from your paychecks before you get them, downvotes are taken from your rewards before you get them on Hive.
Edit: I should point out that only the rewards granted by upvotes can be taxed by downvotes. Your wallet, and tips, gifts, and other forms of payment cannot be taxed by downvotes. IRL the IRS and similar agencies can take money from your bank account for fines, fees, and back taxes, and etc. Indeed, banks can just keep your money, and all you can do is file suit in a court to recover your money (which is hard to do when you have no money!), but on Hive downvotes can't do that.
OK, understood. Thank you for long explanation. Appreciated.
!invest_vote
!INDEED
!BEER
@ervin-lemark denkt du hast ein Vote durch @investinthefutur verdient!
@ervin-lemark thinks you have earned a vote of @investinthefutur !
@ervin-lemark denkt du hast ein Vote durch @investinthefutur verdient!
@ervin-lemark thinks you have earned a vote of @investinthefutur !
Hive comes in many forms, not just as social attention platform. Also, Hive has many faces. Each individual app could, and in some cases is, a channel to attract and retain users.
Instead about talking about Hive in some amorphous generic form, we should concentrate on specific publics, groups, functionalities, ... Like gaming, which is a great example.
And yes, me as a part of we, am not active enough to teach others what to do. Or to patronize them !LOLZ
!invest_vote
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It wasn’t mint to be.
Credit: reddit
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@ervin-lemark denkt du hast ein Vote durch @investinthefutur verdient!
@ervin-lemark thinks you have earned a vote of @investinthefutur !
A good example of what established users think that Hive is very good for: https://ecency.com/hive-109288/@denmarkguy/sunday-reflection-what-we-actually-use-hive-for
@denmarkguy is good peeps. I'm gonna head over.
I’ve been dropping mad cross links on friendster and MySpace… I probs better start making some inroads into Google +, I hear that’s where are the kids are hanging out.
I’m doing my part and ready to get out of the garage and take it to the stadium. And to put it in analogy form so that you can relate… it’s as if I’ve been scribbling in a notebook for years and suddenly im ready to start seeing my words lit up on a Times Square billboard — the passion’s the same, but now it’s time for world to listen. To bad that big stake holder won’t vote on my scribbles though 😉
Before you know it brother, we will be "the whales" too. hahaha
I really enjoyed Google+ and I miss it. It was less shitty than most corporate platforms. I lost touch with some people when it shut down, but Google keep doing that. Damn them!
I can't watch the video. I've tried a half dozen times, but after a couple minutes I get the message 'this video file cannot be played. Error code 233011'.
Thanks though.
both videos don't work? I put the 3speak and then a mirror on the bottom.
LOL I thought that was a pic. Watching that one now.
It would be great if 3speak got out of rehearsal. I've never been able to watch a video yet.
I obviously don't know why it crashes at times, and it is frustrating. I've been making youtube mirrors for this very reason.
👍
I do my best every day here to assist, support, and as much as I'm able to lift those with whom I interact. I sincerely want us all to thrive on Hive, and I'll do whatever I can to make that possible. Everything that I do, and every project that I help build, is based on the principle of Maximum Mutual Benefit. I also talk about and promote Hive in my daily life, as well share all my Hive posts on multiple platforms and even other blockchains. I deeply love and believe in Hive, and I'm all-in for the long haul here, so I'm relentlessly tenacious in my commitment, dedication, and consistency. Yes, there are definitely things here that deeply disturb me, but I keep my eye on the Goal. Period. 😁 🙏 💚 ✨ 🤙
Well, most definitely you are attempting to get us out of rehearsal. I love it.
I'm truly doing my absolute best, brother, and I'm determined. Thank you, and I'm grateful! 😁 🙏 💚 ✨ 🤙