My Message To DLive As They Move Away From Steem
I heard about the fact that DLive is teaming up with a new blockchain and migrating away from Steem a day or so ago, when this article came out:
I commented the following message on the article above, a little bummed that they're leaving, but not really sweating it at all. They are a pretty great platform, but Steem is far greater than they are and their Exodus, by my prediction, will be really detrimental to them in the long run. I wish them the best, but I really think this was a bad move on their part.
"Best of luck to you guys, but you really should have held out for Smart Media Tokens (6 months and counting for main net); Steemit's large user base in addition to the flexibility that SMTs will allow for solving the issues that you mention (such as cohorts/large holders upvoting themselves and each other) will leave Lino in the dust most likely (there's really not much different, having looked at the whitepaper - it's just another attempt at steemit with hopes it can do it better). This looks like a 'pay off'/'buy out', no offense. Did the team receive a lot of Lino? If so, how much? Was it a public announcement? I, of course, believe in being paid well for a great product, which you have, but it's important to be transparent if you're going to preach decentralization to any degree (The D in DLive).
Lino Tenets, all of which are already included in Steemit or very soon on their way:
proof of transactions, thousands of transactions per second, native currency, infrastructure auction system (not much different than witness voting)
Only 'proof of human engagement' and 'proof of content value' are things that have proven hard to implement (enter SMTs, Communities, and additional Monitoring DApps that are emerging), but Lino will do no better, I would wager. According to then, so far, "On an advanced level, it functions as a decentralized version of Google reCAPTCHA."....so they essentially are doing a reCAPTCHA - nothing really advanced about that). Re' proof of content value', they point out "stake-based censorship, penalty scores, freeze periods, and consumption friction rates", on Steemit there are already spam bot downvoters, resource credits will help create penalties for spammers, etc.
You'll have people who try to chase the 'next big coin'/jump on the bandwagon though of course.
A good fact about Lino, I do have to agree, is ability to be rewarded after 7 days, but that is also on the roadmap for Steemit/will be manageable with SMTs.
Just my two cents on the matter, admitting that I love Steemit. I guess we'll see, but thanks for your contributions to the Blockchain Community/Movement as a whole and again, best of luck! DLive is great! :)"
They have been a great platform, but Lino will be left in the dust as long as a successful implementation and lifecycle of Smart Media Tokens occurs, which I have faith in, since I believe in the Teams working on them. Steem is and will remain THE Social Media Blockchain. That will not change, no matter how many copycats try to emerge. We are on the road to greatness. By 2020, those who Hodl and accumulate will likely be very happy people.
@biddle, Absolutely true point because in my opinion too, Dlive took an ineffective decision, and i was an daily dlive content creator so this step was really unfortunate for sure.
Wishing you an great day and stay blessed. 🙂
I hope you have a great day too! :)
Thank you so much. 🙂
Sad story...I think dlive was important for the steem platform.
It was a good asset, that's for sure. But, just as part of growing; SMTs are going to be the future of Steem, imho. And mark me that there will be an SMT powering another Streaming Platform; DLive leaving just opens the door for a new team. :)
Hopefully you are right :) But first Steem should recover after this patch/hardfork...
Wow, just hearing of this. I wish them luck aswell
This is sad, didn't even know they could do that
Yeah, I mean, they're just a DApp that was utilizing the Steem Blockchain; the blockchain data regarding Dlive will always remain, but they will now just stop posting data to that blockchain and will move to the other one, as well as migrate their non-blockchain backups/storage of the videos/streams they had uploaded in the past to the new one. Their loss and a grave error on their management team's part, in my opinion.
Now I understand, is it possible to connect to two blockchains at the same time. Thinking of it , it might be a waste of resources but it might still have its benefits, access to multiple userbase and all.
Yeah, you definitely could do that; would be more resource consuming for sure, but it's absolutely feasible, and makes sense if the benefit outweighs the cost. Apps are generally a mix of non-blockchain and blockchain code, with the actions a user can take, such as uploading a video/making a post/uploading test results usually often being stored in a local database, AS WELL as the blockchain, with the blockchain usually acting as the permanent, reliable record, but the local DB being utilized for speed and efficiency.
I see, I always presumed the blockchain could only store text because of the blocksize and Dapps linked the blockchain to external storages
You can see examples of the type of stuff the steem blockchain holds here:
https://steemblockexplorer.com/block/26378428
and you can see raw transaction data related to transactions verified in a given block by choosing the link to the transaction id for any of the multiple transactions occurring on that page! :)
You could store bytecode, for example, on the steem blockchain if you wanted to, and that bytecode could be representative of video data, etc.; now, it is at a DApps discretion what they try to upload/what they do upload and how they divide resources, but the possibilities of what you store on the blockchain are limitless (with an associated cost, of course).
I think they've weigh in all the options before making such a move. whatever they were offered must have been more appealing than SMTs to them
Yeah, they definitely must have considered SMTs to some degree and maybe they just don't have a full understanding of where SMTs could/would fit in with their ecosystem. I think it is short-sighted though, personally. I hope they release a public statement, but I imagine it came down to fast money, trying to get a footing in a blockchain 'at the ground floor' and trying to use their influence to increase that blockchain's value. Power to them, but I predict it will hurt them in the long run. That said, to a degree I'm biased, being a committed Steemian.
Lol, aren't we all?😁