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RE: Exploring Steem and the Beginnings of a Digital Renaissance

in #creativity6 years ago

Interesting video, I’m still learning about crypto currency so this was helpful. I was wondering at 6:59 if you could explain a little more. Are you basically saying that dtube can’t become as saturated or monopolized by users as other platforms like YouTube? This site already has crypto whales that control a disproportionate amount of the voting power, just wondering what about crypto currency alone makes this site less susceptible to saturation or monopolization by people with the most Steem?

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A good point. It's going to take some time for the whale shares to become more and more distributed across the ecosystem here. Delegation (within Steem's DPoS blockchain) can help speed this up. But overall, this is way way more democratized than Gen-1 social networks like instagram or facebook.

It's a strong step in the right direction and Steem is a very long way from where we were one year ago.