Why are you still on the Steem Blockchain?

enforcer48(75)

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Why are you still on the Steem Blockchain?

There have been a lot of fiasco surrounding the most recent hard forks. Many predicted the final doom of the platform.

I did not paint this painting, but it is the funniest thing I still have from #OldSteem: the misaligned portrait of @elear. Much like the misaligned incentives of the platform for the longest time.

If you ever visit @arcange's page for statistics, you'd notice a few interesting things. A mass exodus hasn't happened yet. We still have about the same number of "active" participants on the chain. The only noticeable difference I could discern was the median payout lowering. Well, consider the new curve for rewards, that is not surprising.

If you check out @lukestokes' exchange activity report, same thing. You could see that there are still more withdrawals than deposits. The continual downward trend on the prices reflects that.

A cultural shift seems to be happening and people started to curate more on the platform. I don't mean only upvotes, but downvotes. You have whales actually throwing their weight around, especially on trending. Some dish out downvotes on the largest self-voter on the chain. Some stopped "account preservation posts" and started honest voting. They even advocate others to do the same. Some carried on against abuse with greater efficacy.

I have read so many complaints and sadness over the changes. I cannot say they do not have their points. I have also noted praises for those changes. The landscape of trending changed. Whether it is a net positive is up to debate. It is much harder to reward comments now unless you have large stake.

This is only the beginning. The question then becomes: is it too little too late?

Casting the negativity aside, many (or is it handful?) still remain on the platform.