bbilgin

News and media have come a long way towards decentralization. Steem claims to be the next step. To understand that, we must examine the current social media projects to determine where they have succeeded

There's a sense of euphoria on Steemit about growing number of users. I don't want to be the Grinch of the party, but I'm not that enthusiastic about the growing user numbers. jarmoluk/pixabay @cryptoriddler

Over the last 6 years (to the day) I've been on a journey. A journey from Engineering to Entrepreneurship. I've constantly followed my passions and it's been the most rewarding experience of my life. I

Yesterday, I came across two Steemit tools by @egmracer01. The first tool generates a word cloud for a given Steemit account. The word cloud that I generated for my Steemit account yesterday is below.

When I think about investing in an asset, I don't project possible profits in fiat money. Keeping my savings in fiat is a losing investment in the long term for sure. geralt/pixabay When I think about

Maybe you are looking at idiotic posts on the trending tab receiving hundreds of dollars in rewards and you are thinking that those people are making a royal income off Steemit. In reality, those people

Have you seen accounts which post nothing but have thousands of followers? Did you ever come across an account with high reputation but relatively low SP? Such sights are common on Steemit. But don't the

Today, it dawned on me that we, the Steemit users, have more power than we think. First of all, Steemit is implemented on blockchain. That means its data is open to everyone to be accessed and used, if

I guess I am not the only one who's thinking of quitting Steemit. I've been here for two weeks. I know it hasn't been that long and I have to give more time to Steemit to get it. TeroVesalainen/pixabay

$65 Million USD is paid to authors and curators in a year on Steemit. Some of us, including me, have suspicions that the content posted on Steemit in one year is not worth $65 Million USD. We believe that

This is in response to a Steemit post by bbilgin. Can Steemit Survive Burning $65 Million USD in Author and Curator Rewards Every Year? 7 comments bbilgin 35 3 days agoSteemit3 min read Yes, you've read

There's something I've noticed quite a bit about people posting with their ideas about how to improve Steemit. As seen HERE, being one such article, there's one group of people who use Steemit that are

Or in Other Words: How to Prevent Your Steem Power from Being Abused hannahlouise123/pixabay It's not a secret that the reward pool for authors and curators is abused. That means some authors and curators

toppl Until just recently, I was a fan of upvote bots and used them extensively. Impart to push my articles to the top of a category and impart I did some tactical upvoting to maximize my payouts. To me,

Yes, you've read that right. Steemit pays $65 Million USD in rewards to authors and curators every year. Intellectual/pixabay Here is the math. The market cap of Steem is around $1 Billion USD at the time

UPDATE Feb 21, 2018: I've published an updated version of this solution proposal taking into account the feedback I received: A Solution Proposal to the Reward Pool Abuse Problem on Steemit [Updated Version]

What Is the Reason for the Reward Pool Abuse Problem? UPDATE Feb 15, 2018: The diagnosis of the problem in this post was correct, but the solution wasn't. So, I published another post to propose a solution

I will start this off by saying that this is not an attack since all of us tend to do the same thing. Nevertheless, there is a protocol on STEEM that is best followed. One of the biggest things that newcomers

Too often I have read posts about abuse and reward pool rape. Some users try to exploit Steem and get more than they actually deserve. I am talking mostly about bot upvote abuse. The solutions so far didn't

UPDATE: I published a new solution proposal to the reward pool abuse problem taking into account the feedback by @biophil below. Here is the proposal: Variable Inflation Rate Is the Solution to the Reward