To start off, I would like to say that I believe Hive is a great blockchain that works really well. The Splinterlands game has shown how it is possible to run a game flawlessly with instant zero-cost transactions for its users.
However, when it comes down to blogging there is still a lot of progress to be made. Hive doesn't really seem to know what it wants to be. Looking at it as something similar to Reddit where everyone is allowed to post their content with the upvote algorithm doing a great job putting the best on top based on the subjects and communities, it simply doesn't work. Publish0x in this regard is doing a way better job. Here are 12 Reasons why Publish0x works way better for Blogging...
1) Everybody is Equal
Hive works with a system where the more stake you have, the bigger your upvote is. This means you are far better off with 1 vote from a whale than 100 votes from small accounts. Also, when you vote for smaller content creators that have lower payouts, your vote will be worth less because of the non-linear reward curve. This makes it is that you pretty much need to pray to the curation gods or bend your content to what get's upvoted if you want to get anything going blogging wise. If you want to get better curation rewards, you better vote for posts you know will get upvoted later on.
-> On publish0x everyone is equal, they don't have their own token and there is no staking making 1 vote more powerful than the other. This simply creates a much fairer system which tends to put the better more interesting articles on top.
2) No Auto-Votes or Bot-Votes
I actually like the Auto-voting mechanic one Hive as it can bring about certain stability. I have always been a big believer that reliable small votes are worth more compared to the occasional whale vote. However, this system comes with a couple major downsides. First, it creates some pressure to make a daily post because 'the upvotes are waiting'. It can also work very discouraging because most times the earnings from a post you work on for an hour will be almost exactly the same as a shitpost that is made in under 5 minutes. Upvotes can also be given without actually reading the post which makes it so that most times there is a huge gap between numbers of upvotes on a post and actual views. Steemit used to show how many views each post had but this was removed because most posts barely had any. 3Speak.online does still show how many views their videos have...
The top 18 videos barely have 1000 views combined (watching them outside the 3speak website also counts toward views) yet the payouts add up to 423$. This makes absolutely no sense whatsoever.
-> On Publish0x there is no Auto-Voting and you actually have to open a post and browse to the bottom before you are allowed to give out one of your 7 daily votes. There is also a time window of 10 Minutes between upvotes and 24 hours if you want to vote on the same content creator. This just creates a way better environment for people actually reading posts and putting effort in making them.
3) Centralized vs Decentralized
Hive aims to be a self-regulating decentralized system where you can't get censored which is where it differentiates from Publish0x. There you first need to apply before you can get accepted to actually publish content and you can get banned if you don't follow certain rules. This makes it just way easier to both avoid poor quality content to enter the platform and to get poor content off the platform. When looking at voting and rewards, Publish0x is way more decentralized because you really need a ton of views and votes for your post to stand out while a single vote on Hive often can do this.
4) Sponsored Reward Pool vs Inflation Reward Pool
Hive currently works with a system where the rewards come from inflation which decreases over time. I'm all for the biggest stakeholders getting the most rewards on the platform but for them to get the most out of it, they also need to make content. This content tends to naturally do well because of their stake in the platform but isn't always what the majority voted for an is interested in. -> On Publish0x there is no coin and no staking and the reward pool from what I understand mostly comes from Projects that sponsor their coins getting some really good publicity and exposure in return on it works. I actually started using the Brave browser more, looked into Loopring and am planning to install the Atomic Wallet and I'm sure many others did. This system simply works better since the earnings actually come from somewhere tangible while there never a war for power.5) No 7-day Limit Earnings Window
One of the main things that prevent better content on Hive is the fact that upvotes only count during the 1st 7 days after which 45% is paid out to the content creator and that's it, no more earnings from it afterward. This system highly discourages quality content and encourages shitposting. -> On Publish0x people can also upvote older posts and payouts instantly are added to your account which makes it possible for content creators to continue earning a bit from them. This system much more encourages serious writers making them more willing to put effort into their posts.6) Anonymous Voting
On Hive you can see who voted for you and for how much, which creates something of a 'Upvote4Upvote' dynamic. It is a normal reflex to give an upvote back because that will increase the chance you will continue getting upvotes from that person. The quality of what people vote for in these cases doesn't really matter nor what the posts are about and if they are actually liked. -> On Publish0x, you can see how much your post has earned, how many views it has, and how many likes but not who voted/tipped you. This naturally creates a better incentive to actually vote for the content you like the most, nothing more nothing less.
7) Easy To Understand vs Overly Complicated
I don't even know where to start on Hive and how overly complicated everything is. Hive Power, Resource Credits, Voting Power, 7-day payout window, Curation Rewards, Hive Backed Dollars, Non-Linear Curation Rewards, Flagging, Token Price Fluctuations, Markdown, Tags, Communities, Proposal System, Witnesses, different websites and interfaces, Reputation System, Dust Threshold, ... And I haven't even gotten started around the Tribe tokens which require multiple accounts to get the most out of them. Trying to understand how everything works even after 3 years still is a challenge, imagine being new to the system trying to figure out how it works also because of the fact that many of it just doesn't make sense. -> Publish0x is very straightforward, 1 website everyone is equal with a fairly easy to understand voting system and instant payouts.
8) Content About the Platform Itself
I'm not sure who I heard this say first, but "Hive is like a library where all the popular books are about the library itself" is very much on point. The reason for this is because it's the one topic everyone relates to and tends to get the upvotes. I notice for myself also that these are the posts that I'm easy to press the upvote button on. The main problem is that nobody in the real world is interested in these, yet it's almost all they see when browsing the main page on Hive. -> Publish0x doesn't suffer all that much from it. (Ironically this is also a post about the platform. To my defense, I rarely ever make those). A case can be made that publish0x is highly crypto oriented.9) Quantity vs Quality
A lot of posts are being published on Hive each hour and content discovery is incredibly difficult as is means you literally have to plow through a bunch of garbage to possibly find something that is actually good. Over 200 posts have been made the last 60 minutes on Hive. -> Publish0x has a much higher quality over quantity ratio with only around 10 posts being made in the last hour. This makes it far easier to discover posts that are actually worth reading.
10) Linear Rewards
The curation rewards and the switch to a non-linear structure on Hive is a system that brings about a lot of problems. The original idea of curation reward and a voting window where posts that get more popular over time give higher curation rewards to the ones who upvoted early in the window never really worked. It basically is all about auto-upvotes and posts people know will get more upvotes later on. The non-linear reward curve was introduced to 'Fight Abuse' and conveniently made it so that it became way more attractive to upvote post with higher payouts while punishing the smaller guys making it quite impossible for them to get anything going unless they are in the radar of the 'curation' teams. -> On Publish0x it doesn't matter how much votes a post already has or will get and if you vote early or late which just works way better.
11) Friendly on Readers
As I stated above, nobody in the real world is interested in what is shown on the main page when going to Hive.blog unless they want to read about Hive. The idea of making an account just to read also doesn't earn anything unless you buy a bunch of Hive, power it up and start curating which basically gives half to the writers who will most likely dump that Hive causing downward pressure on your investment. -> Publish0x also rewards readers for their attention since they are given equal upvote rights and can choose how much goes to them and how much to the one who created the post when they upvote. The general content quality is also way more interesting which makes the platform very reader-friendly. All this without the need to invest or lock tokens.
12) Publish0x Feels Fair and Real
There is a lot more to earn with Hive but the system oftentimes simply doesn't feel fair. The payouts compared to the actual content and views is often way off and most post seem to have a reversed incentive making them feel more fake. They start from 'I need to make a post to earn' and go to 'what can I write about today to get the upvotes' preferably in a way that doesn't cost much effort. The content creators that go from 'I have a passion for a certain subject I like to write about' to 'how can this help me connect to likeminded people while possibly earning a bit' are just very rare. -> On publish0x you can only post when you are accepted and payouts are simply not worth the effort to try and milk the system or pretend in a way to get higher payouts.
I've been on Hive/Steem for nearly 3 years now and I really enjoy the process of writing and having a personal blog (I still do). Currently, the only thing I can really get behind anymore on the platform is the Splinterlands game which remains very enjoyable. Most people I relate to who used to also make posts are gone because they basically have a similar view on things (They still play Splinterlands). Off course, this is mostly based on what I want Hive.blog to be, (A crypto Reddit with content that interests me and real communities to connect with). I personally see the reward pool as the root of all problems and rather see this become more a proof-of-stake chain with resource credits as the main token value where stakeholders get rewarded. Blogging certainly has a place but the entire system really need a drastic redesign because it all makes very little sense right now.
Publish0x Conclusion
When it comes down to blogging, finding some interesting post to read/learn from and having interactions, Publish0x has simply been superior in pretty much every way. The fact that payouts on average are a lot lower with the highest trending post currently sitting at 2.08$ (It's the post from the Splinterlands team who also started promoting the game there Link) makes it so that it's not all about the money but more about blogging and content itself. There is a lot Hive can learn from this platform since it managed to fix many of the ongoing existing issues . For everyone that wants to try it out check publish0x.com
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Posted Using LeoFinance
It is interesting to see ppl calling some features as "advantage", which I see myself as pure disadvantage. Luckily we can all choose...
On publish0x, most of the quality content gets very little to almost zero rewards. Most of the quality posts I have seen on publish0x doesn't even cross the 5$ reward threshold. But many of the posts should get at least a minimum of 50$-100$ rewards each in my opinion. Sometimes I feel pity for the writer, who puts too much time to make great content there. In return, their time, their value & their hard work isn't well justified. There is no doubt about the quality of most posts on publish0x. But the irony of fact about its content creators is either they are undervalued or the reward pool hasn't enough money to value its content creators.
On hive.blog, I see people can even a good amount of money without making a very good post. If you post a quality post on the hive, the earning potential here is 25x to 50x greater than publish0x.
I agree with some of your points that publish0x is a better rewarding system than hive. Hive should work more on their reward system to make it better. But still it really matters for content creators to find out which platform is more rewarding for themselves.
And the winner here is obviously hive if you want to earn crypto through blogging.
But I personally prefer to blog & write on Medium. Even with a single extraordinary post, you can generate thousands of bucks if it gets proper attention.
The best way to earn through blogging is making your own website, writing at least 15 quality posts, optimizing it with proper SEO & finally monetize it in every way. Then sit back & wait for smart passive money to generate.
Happy blogging ✌
Posted Using LeoFinance
I agree
I don't think the crypto blogging platforms are something for professional writers and it shouldn't all be about the money which right now I feel it is way too much. Having some kind of system where the earnings value of a post more reflects the economic value with an ad revenue sharing and tipping function seems way more appropriate to be viable long term than the current inflation reward pool system. It will be interesting how everything will work out a couple of years from now.
Posted Using LeoFinance
Yeah, publish0x is better for total newbs when it comes to earning, but the potential here on hive is much better if you put some effort. Also, publish0x usually pays only for cryptorelated stuff... And I know a much better place for that... It's called leofinance 😂
Posted Using LeoFinance
Well, it shouldn't all be about the earnings. Reddit has zero earnings and gives me a phenomenal experience when it comes down to showing articles and posts that I really dig and love to get lost in? Youtube does exactly the same for videos. In the end, shouldn't that be the main purpose for something like Hive.blog? In that regard it is just failing miserably at least for me.
leofinance surely stands out far above all the other tribes in what they have accomplished so far!
Posted Using LeoFinance
Hi @costanza
I enjoy reading your article from both platforms. I love using Publish0x as well since it has distinctive features compared to other websites.
Personally, your perspective makes sense to me. Yet, the dynamics of each system differ from one another. Hive is a whole blockchain with leofinance, engrave, peakds etc. In terms of options, you are in the middle of an ocean :)
One more thing, there is a problem in your hive link. When it's clicked, it directs to your Steemit account. FYI.
Thanks for your nice post.
Regards,
Hive indeed is a whole blockchain, I was just comparing very specifically the blogging part of both wich, in essence, is very similar.
Thanks for pointing out the wrong link @idiosyncratic1, I will fix it!
Posted Using LeoFinance
Only this morning, my friend, have I had the opportunity to read this excellent post. From someone whose opinion I value!
As my time (a "part-timer" ...) permits @costanza, I will have to look into this some more. My instant challenge will be (always is ...) how much time it would take to make any progress whatsoever. One of the reasons I am currently powering down on Steem is both (immediate reason) in response to HF23 and (long-term reason) being honest that I am not going to invest my time trying to create two different sets of original content - one for Hive and one for Steem.
My instant challenge would be the same for Publish0x, Blurt ... 🙃
I see you are publishing via LeoFinance. What is your opinion on that? Seems to be (by a long way?) the most successful tribe / community on the Hive blockchain. I have always had a challenge with each of them requiring you to post with their own UI, but ... I would like to hear your thoughts on it.
Publish0x isn't so much about progressing as everyone who is accepted to post content and makes something that the people on there actually are interested in (it most likely has to be crypto related) is very likely to get the views and some upvotes. Since the number of news posts is limited and there is no real upvote4upvote mechanic or auto-voting, readers who also want to earn something for their attention will oftentimes just browse the new section (at least I notice myself doing this) and open articles that seem interesting to upvote them.
I personally see no issue with cross-posting the same post on different platforms. The way I look at it, I try to create content in the first place mostly with a function for myself others might also like with a chance to also find likeminded people in the process. Earnings are nice but are not the primary goal. I guess that's where some of my frustration around the crypto blogging platforms come from. If I would just go about it from the angle only wanting to earn, it would actually be a lot less time consuming and I would earn way more. I also guess that is why I'm liking Publish0x because what can be earned is not worth jumping all the hoops for those who just want to milk and earn.
Of course, it is not set in stone what Hive/Steem exactly is or wants to be and for everyone, it will likely be something different.
For as far as Leofinance goes, my general view on tribes since the start has been that they are a complete joke. Basically, people getting in early in the hope to get the upvotes to profit from people coming in later on. Nearly all content on there was with backward intentions and none of it was about the community or the subject the tribe was catering to. I have actually kept track of all the tribe values for a while and the numbers are quite clear
Once early buyers started selling and no new buyers were coming in they pretty much all completely went down the drain.
Leofinance is the only one I respect at this point because they actually have real development and a valid game plan and earnings to back up the value of their token. No supply of a gazillion tokens and multiple burn mechanics which have kept the supply from going up which is quite impressive. (Link
I guess crypto is one of the best-suited subjects because it's something most have a genuine interest in. The tribes, in general, are still quite confusing because upvoting is directly linked with hive upvotes for as far as I know and most still just use the tags as a way just to potentially get extra earnings. So yes, Leofinance gets a thumbs up :-)
I do look forward to SMT's and the ability to create more private communities. I'm not sure if a fully decentralized blogging/social media platform where people can earn with upvotes from inflation can ever work. If anything, the earnings aspect that can be manipulated and just sparks human greed and breaks the entire purpose.
Thank you for investing your time into this comprehensive reply, my friend. I have bookmarked it, for future reference! 👍
Agreed on content creation @costanza, as that is how we "met" in the 1st place. While I don't write a lot of posts, I make a genuine effort on the ones I do get published. It is far more than just earnings to me. My "name" is on it ...
With your enthusiastic endorsement of it, I will have to look into Publish0x, as time permits.
As for LeoFinance, while I spent almost no time trying to follow these various tribes, I agree from my perspective it is the one which actually seems to have a "game plan" and is executing it well. Just in the last day or so, they have announced they are going to run for one of our Witness positions and they will definitely have my support (which is growing with the STEEM I am converting over ...).
I would like your input on using the LeoFinance UI for posting, when you have a few minutes. I wish it wasn't necessary to use so many different UIs, but perhaps there is something I am missing and welcome your thoughts.
When posting using the Leofinance UI, the links to other posts will be converted to ones that go to the leofinance UI instead of hive or peak. I guess this gives a better search engine optimization and more visitors to their page meaning more potential ad revenue that will be used to burn LEO. As a reward, upvotes are given from the leo.vote accounts. At least that's how I understand it.
I also just found out how to set a multiplier for my Leo upvotes so no VP will be lost (it's done in the leo dex clicking the lightning button in rewards tab). All these things along with the multiple user interfaces really makes these platforms extremely complicated and hard on new users.
Anyway, good luck exploring Publish0x!