The Ink well Newsletter - Breaking news - Hive, Steem and What it all Means

in The Ink Well4 years ago (edited)

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Hi contributors, subscribers and supporters.

This edition of the newsletter will mainly cover one piece of breaking news. The announcement and implementation of a new hardforked version of steem called Hive.

This is your friendly admin @raj808, here to tell you about these new developments and explain some key points in a simple accessible way that will hopefully reassure, and even excite our subscribers.

If you are not already a member of The Ink Well and would like to check out the first creative writing community supported by both @curie and @ocd please follow the link below:


The Ink Well


Breaking news - The Ink Well is on Steem and Hive Blockchains

First I'll give a very brief introduction for those people who are here to write only and aren't interested, or even aware of steem governance issues.

Just under a month ago Justin Sun, CEO of Tron Foundation bought @ned's stake along with the company steemit.inc. Steemit.inc and their website shouldn't be confused with the steem blockchain. Since that time Justin Sun has orchestrated an attack on the decentralized nature of the steem blockchain, essentially buying many of the top witness spots through colluding (illegally) with Binance, Poloniex and Huobi exchanges using their customers steem to power up and vote Justin Sun's sock puppet witnesses.

His aim is to get a majority of 17 of his sock puppet witnesses into the top twenty consensus spots so that he can make changes to the blockchain code to allow a select group of people (himself and his exchange cronies) to power down their steem in a three day period. While the rest of us have to wait the standard seven weeks.

That is the background that has led us to this point at a very basic level. There is much more to this story but I want to keep this simple and concise for all the writers at The Ink Well who're only interested in writing and the spirit of mutual support we've built in our community in the few short weeks since it launched.

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Facts About Hive and Why You Shouldn't Worry

1) Hive will launch on the Friday the 20th of March 2020, just two days from now.

2) A snapshot of everyone's steem accounts and an airdrop of the equivalent amount of hive tokens and hivepower will take place on Friday the 20th of March 2020 prior to launch. This means you don't have to do anything, these are essentially free tokens based upon the SBD, liquid steem and steempower you own.

3) Your password - and different keys - you use to sign into steemit/steempeak/busy will remain the same for Hive blockchain. You don't have to worry about setting up new accounts with new passwords. When Hive goes live simply use your password, or preferably one of your private keys, to sign into https://hive.blog/ (adding your username) and bingo you will be able to post, comment and interact with the Hive blockchain.

4) Hive is a direct copy of the steem blockchain (with a few complex changes to do with governance that I won't go into), this is what a hardfork of this nature entails. This means that all your content, posts, comments... everything you have ever done on steem will be reproduced on Hive.

5) Also, The Ink Well community is automatically set up exactly as it is here on steem on the Hive blockchain from launch.

6) Finally, I have been in contact with a representative from @curie as well as @acidyo from @ocd, and they've both said that for the meantime their curation guilds will be curating on both steem and hive. I'm sure this may change with time as the political landscape evolves. But for now, what this means is a chance at double rewards. However, as can be seen in one of the screenshots below from the hive announcement, posting on steem won't automatically post to hive, or visa versa. If you want to post on both, you will need to do it manually on both chains.

As further reassurance, I have included some screens from the official Hive community announcement post - Announcing the Launch of Hive Blockchain.

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I have already visited the hive site in its beta stage, https://hive.blog/. Take a look yourself (or check out my screenshots below) - The Ink Well is there, all my posts are there, everything is as it should be with a hardfork of this nature.

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Notice the URL at the top of each of these pages. This is my blog and our community The Ink Well already reproduced on Hive blockchain's beta website 🙂

I would like to give a big shout out, and thanks to @crimsonclad for helping me clarify some facts about this hardfork in the official discord today.

Which you can visit by following this link: https://discord.gg/tpxqQUP

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Ongoing Prompts and Challenges

But back to what we're here for... writing! Both of our weekly prompt challenges are still active. With mine and @stormlight24's challenge to channel your inner maniac running until Monday 23rd of March. There is currently only one entrant, so I hope to see more insanely creative characters popping up over the next five days.

The Ink Well Fiction Writing Challenge #2 - What is Your Major Malfunction?


The Ink Well poetry challenge only has a day left to enter, so you better get your skates on for that one. The challenge revolves around the theme of freedom and appropriately asks for a poem in freeverse.

Thursday's Poetry Challenge - As Free as a Bird


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As I feel this news about the Hive hardfork is so important, I don't want any of @theinkwell's subscribers to miss it or end up confused as to if they will be negatively affected. So I've decided to tag everyone who is subscribed to our community. I have only done this once before on our first newsletter and I am generally against mass tagging like this but feel this is an exceptional case.

@nitza @nohebd @sacredbyswan @soupermedic @bosferi123 @knowledge-giver @momoneytomtom @olivera-despina @edje @robyneggs @chrismcdonald @jayna @furrnfluff @technicaldaku @hickorymack @simplifylife @dirge @zellypearl @diosarich @peak.featured @jerrytsuseer @theluvbug @d-pend @simba247 @ange.nkuru @yahialababidi @generikat @paradigm42 @abiky @tezmel @poorcirculation @leighlim @roadstories @cosmicart @wtrmrk @mllg @georgeboya @momzillanc @badge-825615 @johnlambrechts @livwrites @josediccus @justasking @thethreehugs @girlbeforemirror @anaclark @tombalistreri @pumpkinsandcats @iamraincrystal @joslud @nickyhavey @saltycat @hamiedkhan @alienbutt @schattenjaeger @lifementor @shanibeer @heretickitten @emsonic @giornalista @zerozoom @zeleiracordero @nabihanabil12 @hartfloe @kimmysomelove42 @sanashaikh @steem.buzz @feanor11 @therealpaul @urizenus @artedellavita @winstonalden @nonsowrites @goldstreet @shubhamsajgotra @kimberlylane @lisalansing @theinkwell @vida-blanca @felt.buzz @mers @mandireiserra @rakushasu @sn0n @soveenathesquid @johnjgeddes @silviu93 @carolkean @moquero @whatwillbe @moeknows @eutuxismenos @free-reign @mistakili @inka8 @sudutpandang @akasyofa @aceaeterna @joseda32 @marcybetancourt @nobyeni @elisea @straykat @sunsethunter @buttcoins @evagavilan @billykeed @steeminganarchy @lewizard @niallon11 @oblivioncubed @hotbit @artist1989 @jaca @letalis-laetitia @sarakey @stormlight24 @chinyerevivian @aduragbemi @manuelramos @litguru @kevinwong @airiam @worldbuilder @lacking @oacevedo @artemislives @creativetruth @cliffagreen @riverflows @sumit1998 @owasco @nonameslefttouse @poemsofasickmind @kaelci @agmoore @agmoore2 @bashadow @acolucky @manoldonchev @trucklife-family @meesterboom @flemingfarm @alcibiades @fenngen @warpedpoetic @joeyarnoldvn @menoski @phage93 @teofilex11 @raj808

It is not my intention to spam, as stated I am just concerned about getting this information out to all our subscribers. Future newsletters will not tag like this unless the news is of a serious nature like this hardfork. If you would rather not be tagged just let me know in the comments and I'll make you're never included in a mass tag like this again.

Thank you for reading our third newsletter.

EDIT: I added an important extra point to the 'Facts About Hive' section. Please see point 3.

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I would like to invite any lovers of poetry and short stories to visit the new hive community I started with @stormlight24 called:
The Ink Well.

We now also have a curation trail set up so if you are a SteemAuto user search for 'theinkwell' (all one word) and it is available as a community trail to follow.

If you would like to delegate to @theinkwell and help support creative writing on steem you can do so by clicking on any of the following links for the amount you would like to delegate:

We would like to say a special thank you to those kind souls who have already delegated to help support The Ink Well and creative writing on steem.

@riverflows 500 Steem power delegation, thank you.

@trucklife-family 200 Steem power delegation, thank you.

@raj808 500 steem power delegation.

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Join the community in our migration to Hive, a community built blockchain for the community. All Steem account holders will receive equivalent stake on the new Hive blockchain.

Please see this post on SteemPeak for more information.

Already there 😃

Much love and respect.

@raj808 founder of The Ink Well!

To the point, simple easy to read and understand, hopefully this will allay any fears of the new chain setup.

Cheers @bashadow

Exactly what I was going for, I wanted it to be as non-techy as possible 🙂

#POSH shared on twitter on multiple accounts:

~~~ embed:1240375371972907018?s=20 twitter metadata:dGhlaW5rd2VsbDEwfHxodHRwczovL3R3aXR0ZXIuY29tL3RoZWlua3dlbGwxMC9zdGF0dXMvMTI0MDM3NTM3MTk3MjkwNzAxOHw= ~~~

How did you view the community page at HIVE? My account page is not available and not seem to be able to log into HIVE.

It will disappear and reappear as they do work on the code @edje. If you keep trying I'm sure you'll get through eventually 🙂

The wallet function didn't work and I don't think you could post when I visited it, but I didn't try. It won't be working properly until Friday 20th.

Thanks for the clarifications Raj. Will future entries for the challenges be based here on steem or on hive, or both?

Posted using Partiko Android

Hi Chiny.

Interesting point and the answer is both... for now.

My reasoning is simple. Both ocd and curie will be on both chains. The Ink Well community will be on both chains. So my advice for everyone would be to write their posts on either hive or one of the steem websites, so they've got the markdown/html (body of text for the post) ready, then simply make sure they're signed into both blockchains and publish (copy/paste) to both.

I am going to monitor what happens in regards to both steem and hive over the next few weeks. I won't be able to comment or ask the other mods to comment interact on both blockchains, as this is essentially doubling our workload. I'm already overworked with everything I do on steem so the thought of doubling it... well I just wouldn't be able to do it.

This raises a big question, where are we all going to do our comment engagement, supporting each other by reading and feeding back on each other's work. This was a big reason why I started The Ink Well, partly to reinvigorate creative writing on steem through rewards (thanks to the curation guilds and their kindness in supporting us) but also to try and get fictioneers and poets talking and commenting again.

I think there is going to be a week transitional period where we'll see who and how much of the steem community have migrated to Hive, and how fully (i.e. if they have simply abandoned steem to be only on hive). I suspect that it will be about 80%-90% will move over to Hive and conduct the majority of their engagement and content creation there. If that's the case we'll probably follow suit in running everything from Hive, but also posting to steem for as long as it offers up us all extra value.

For now, my advice is to post to both blockchains (once hive is up and running on Friday), but we will be answering, and commenting on steem... but this could change very quickly and I would announce any change and follow up to make sure everyone knew by commenting to them personally.

Which is why I'm monitoring closely what happens in the next week or two. My personal opinion is that steem will be taken over by Justin Sun as the witnesses that have been keeping a stalemate simply move over to Hive. I can only see a few possibilities for steem in that instance, Justin Sun develops it in full competition to Hive (unlikely as the history of what has happened over the last 4 weeks shows his 'one ring to rule them all' attitude means his blockchain would be centralized, leaving Hive the clear winner for a decentralized social network/blogging platform) or he might try and turn it into a niche content community for China, Asia and South East Asia (I can see this being more of a possibility), or who knows, the guy is a billionaire, he might just do some crazy shit and burn it all to the ground in a fit of rage. Anyway, if Hive is a success and steem falters, it's likely the curation guilds will move over to Hive only, and then possibly The Ink Well will abandon steem entirely. But, and this is important to note, this is all my own conjecture, my opinion doesn't mean sht lol. Anything could happen. So I'm keeping The Ink Well community, and all the active members here, options 100% open until it all plays out.

If you post to steem and hive you'll be earning both steem and hive tokens, so my advice is to do that. The Ink Well's content will be published on both steem and Hive.

I will announce any change to that with plenty of time for everyone to read about it and again with an announcement that is important like that, I would use the mass tag like I did in this post, even though it's not something I like doing.

Hope all this clarifies things. As usual, this is raj commenting from the community account 🤣

Lol, I might actually proofread, edit and spruce up this comment to make it into a post. I'll give you a shout out for helping inspire it if I do 😉

Haha. Thanks. Sure, there will be massive engagement after launch as people will be excited and all. The question here is, will it last? I've seen people fall out of steem but still made it back in the end. It will be a huge plus if both communities can coexist.

The price too will determine the whole. As much as we love the community, it's still money after all. Whatever happens, I hope my ink continues to flow.

The price too will determine the whole. As much as we love the community, it's still money after all. Whatever happens, I hope my ink continues to flow.

Absolutely. I had a conversation with what I didn't know at the time was a major behind the scenes witness of hive yesterday and he addmited what I said about the carrot and the stick.

Steem/hive whatever you call it has one USP at the moment for most.... rewards!

that sounds interesting, more exciting will happen soon in hive for sure.

I think so too. We shall know within 6 months I think if Hive will be a success, maybe less time. 😃


This post was shared in the Curation Collective Discord community for curators, and upvoted and resteemed by the @c-squared community account.
If you are a community leader and/or contest organizer, please join the Discord and let us know you if you would like to promote the posting of your community or contest.
@c-squared runs a community witness. Please consider using one of your witness votes on us here

personally I feel people should not double post to both chains, nor help support the old Steem chain at all once hive launches. Why would anyone want to help add value to a chain centralized under Justin Sun? He has already stated his intention to do a pump and dump with the steemit inc stake. Why would you want to help prop up the value of the old chain until he can dump all over it? Just let him have the old chain. I hope @ocd comes to their senses quickly, having the largest curation group on the blockchain with such large support saying they will still curate on the Steem chain is pretty disappointing to me.

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