It wasn’t diluted much at all. 99% of users followed everything over to Hive from Steemit. Steemit has no interaction gor 99.99% of posts, it’s just people milking rewards and trading delegation for upvotes which was dumb AF given the staked Steem power is worth 90% less then a couple years ago and given it’s dead platform that will continue. Than Blurt? Blurt isn’t a decentralized chain at all and is largely spammers just milking rewards, They don’t EDSI have the market cap info publicly listed, it’s not a decentralized copy of Hive without the DV, there’s shady things beyond that one change. That’s why all the market cap websites refuse to post any stats for the token and just put zero for everything, they don’t publicly disclose anything. I’ve tried asking if it’s anywhere and users just say spammy replies like “who cares, at least we don’t have down vote” these aren’t serious people.
So the two forks, did not split up user base besides maybe 1% or 2% tops. The drop is users wasn’t to Steemit or Blurt. It was the failure of this model all together, or if not failure, just the reason for loss of users wasn’t splitting up between forks, 98% of the community stuck to same one, left Steemit for Hive, and no more than 1% left for blurt, blurt is a joke. It’s the model , and there being no demeans for it so we’ve seen many users bail , but not to a competing chain.
!LADY !PIZZA