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      "parent_author": "venusaur",
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      "author": "cheetah",
      "permlink": "cheetah-re-venusaursteem-dao-breakdown",
      "title": "",
      "body": "Hi! Did you know that steemit.com is now censoring users and posts based on their opinions?\n All the posts of these users are gone!\nhttps://github.com/steemit/condenser/commit/3394af78127bdd8d037c2d49983b7b9491397296 \n\n Here's a list of some banned users:\n```'roelandp', 'blocktrades', 'anyx', 'ausbitbank', 'gtg', 'themarkymark', 'lukestokes.mhth', 'netuoso', 'innerhive'```\nSee anyone you recognize? There could be more, they also have a remote IP ban list.\n\nWill you be censored next?",
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      "parent_permlink": "topdawg1",
      "author": "venusaur",
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      "title": "Steem DAO breakdown",
      "body": "HF21 - Steem DAO + The Economic Improvement Proposal:\nOne of the biggest improvements that can be done to the Steem economy is countering the reward pool abuse and leakage of Steem off the platform through abusive behavior. The Economic Improvement Proposal (EIP) aims to improve the economy Steem. The linked post above breaks it down, but here is a TLDR.\n\nAuthor reward and curator reward split 50/50\nSplitting rewards between authors and curators when upvotes are given evens the playing field vs. abusive behavior; the goal is to make curating as/more profitable as abusive behavior.\nConvergent Linear Rewards Curve\nThis curve makes self-upvoting less profitable due to a slight non-linear curve at the start. Instead of one self-vote needed to hit linear for an average user, a post will need several stake based upvotes before it hits linear rewards. Thus, a single self upvote is less profitable then timely curating a post that gains lots of staked based upvotes. Even if a whale can get self-vote past the threshold from non-linear to linear, if that is the only vote the post receives, the whale is better off finding content that garners more upvotes and compounding that with their massive upvote that draws even more awareness to the post they are curating. Conveyor-belt to success.\nSeparate Downvote Mana Pool\nRight now, it cost voting mana to downvote, meaning you must sacrifice an upvote to downvote. Thus, very few downvotes because it is seen as an opportunity cost. With the new system, everyone will get 2.5 free downvotes a day, after that it starts to cost voting mana again. The aim here is if people see spam on the trending page, they will use their free downvotes on the spam posts. The way Steem works, we have a shared reward pool distributed via upvotes, so when you downvote a post, that Steem goes back into the reward pool for everyone else to share. When people fail to downvote and let spam reach trending, it hurts everyone else’s rewards. Free downvotes, when used correctly, can be looked at as free upvotes in a way.",
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      "parent_permlink": "topdawgtopone",
      "author": "venusaur",
      "permlink": "crypto-and-the-future",
      "title": "Crypto and the future.",
      "body": "I believe reward tokens will have a significant role in how the internet works in the future. Smart Media Tokens will provide anyone the ability to create rewards tokens for their websites that is backed up by the Steem blockchain. No need to buidl your own blockchain or use a centralized database, Steem handles everything for you. Steem was the first mover for PoB and PoB token creation (Steem-Engine - Scot) - however, SMTs are built into the core Steem protocol, like erc20s are for Ethereum. Steem-Engine is a sidechain, which I'll get into next.\n\nInfluencers will be able to increase their brand awareness, raise capital with ease, and create an entire economy out of their business, product, and or talent. Being able to tokenize your skills and leverage that for capital now all while creating a speculative secondary market to drive future liquid demand to your token and business.\n\nSteem-Engine:\nSteem-Engine.com is the first sidechain on Steem. This sidechain enabled smart contracts to be able to be built on Steem. This made it possible for Nonfungible Tokens (NFTs) and games like Steem Monsters to be built.\n\n\nSteem-Engine scans all blocks added to the Steem blockchain for transfers, custom_json, or even comment operations that contain a certain sidechain ID. It then executes the smart contract function specified in the operation data and packages it into a block which is added to the sidechain. It also maintains the current state of the sidechain and all smart contracts running on it which can be queried using a familiar RPC API.\n\nSteem-Engine will have all transactions posted to the Steem blockchain. However, the validation of the transactions will be done by a separate piece of software called The Steem Smart Contracts software (SSC).\nThe SSC software is free and open-source, and anyone may run their own SSC node and independently verify the transactions and query the current state of the system.\n\nThis opens the doors to have smart contracts that act like Ethereum has but on Steem (the same result in terms of user experience).\n\nWith Steem-Engine came a form of early SMTs, called Smart Contract Organizational Token (SCOT)\n\n\nSCOT allow more parameters then SMTs. SMTs are purely a Steem replica. Steem-Engine is a sidechain that feeds to the main chain, where SMTs are built into the protocol layer. Scots are faster to upgrade.\n\nThe coding language being in Javascript vs. c++ for Steem; also, being built on a sidechain allows much more flexibility and freedom then operating on the main chain allows.\n\nScots purpose is making it possible to publish custom smart contracts to the platform. Scot allows token and dApp creators to buidl things that will not be possible with SMTs.\n\nTribes:\n\n\nWith Tribes, someone right now can go spin up their own Steemit.com IE: PALnet or Splinter Talk - these are Steem clones, with a niche-specific audience incorporating Scot rewards powered by Steem-Engine. Tribes also allow anyone to make what is called a Scottube.\n\nScottube allows anyone to spin up their own version of a YouTube (using D.Tube backend). In a few clicks, someone can make their own video site and easily incorporate Scot rewards, all using Steem-Engine. Tribes is an all in one inclusive place to have any social outreach methods you choose; video + blogging, all with a custom native niche-specific cryptocurrency of your choosing. Tribes are sort of a glimpse into SMTs/Communities, but with the added features like the power of Scottube capabilities.",
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      "body": "All HAIL the RAIN",
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      "parent_permlink": "topdawg",
      "author": "venusaur",
      "permlink": "which-altcoins-do-you-think-will-survive-the-next-altcoin-purge-and-why",
      "title": "Which altcoins do you think will survive the next altcoin purge, and why?",
      "body": "The crypto I have done years of research on is unique and unlike any other cryptocurrency in existence.\n\nBefore I get into that, let me share a grime reality with you.\n\nMore than 99% of altcoins will burn & die!\n\n\nHowever, blockchain technology is very real and is here to stay. Blockchain is simply distributed ledger technology and helps make any online business more secure.\n\nSome are starting to wake up to the fact blockchain is not going anywhere, now the question becomes, which blockchains are best suited for Web 3.0?\n\n\n\nPeople that spin-off dozens of coins they predict to win are usually just guessing, not backing their claims with research. To fully understand a cryptocurrency project can take months to years to fully wrap one's head around.\n\nFor instance, the crypto I am talking about today, I have been researching for over two years, and am still learning every day.\n\nNo reason to beat around the bush… the altcoin I think has the best chance to succeed is STEEM!\n\nWhy I Am So Bullish On Steem???\n\nSteem is a high-performance blockchain with very fast, feeless transactions utilizing Delegated Proof of Stake (DPOS.).\nDPOS + social networking is an excellent fit because the witnesses tend to voluntarily contribute to beneficial projects for said blockchain & can easily communicate with the community who vote for them.\n\nTerms you need to understand before reading:\nSteem, Steem Power & Steem Backed Dollar\n\nSteem had no ICO, and have been around since mid-2016 reaching top 1,000 in website rankings on Alexa and has had over 1,000,000 accounts created (each account costing valuable resources).\n\nThe Steem blockchain rewards the liquid decentralized cryptocurrency Steem, to its users through a method called Proof of Brain (PoB), and has given out almost $60,000,000 to date!\n\n\nHere are some reasons why I am bullish on the future Steem with links to content I find useful. All quotes are sourced from the header link for each section. (My Content Is Not Financial Advice, Crypto is a highly risky asset)\n\nCommunities:\n\n\nCommunities will leverage Steem to deliver the ability for Community leaders to own the communities that they buidl. Communities add a governance layer which allows users to organize around a set of values. It introduces a new system of moderation, which is not dependent on users' Steem Power.\n\nMany people want to see long-form, original content, while many others just want to share links and snippets. The goal of the community feature is to empower users to create tighter groups and focus on what's important to them. Use cases for communities may include: microblogging, curated journals, local meetups, link sharing, etc.\n\nLike Subreddits on Reddit, a Steem Community can form a group around a niche, IE: Tag: Cars - Community: Bob's Lambo Club. Steem Communities allow you to take ownership over your group, being able to set the parameters you want; IE: Owner, Admin, Mod, Member, Guest. All of these roles can be given to people and will have different levels of control within said community.\n\nThe biggest companies in the world, from Facebook groups to Quora's Spaces, all proving market validation. The problem with how Facebook, Quora, and the rest are doing it is there is no openness, no decentralization, no censorship-resistance, no OWNERSHIP. Or, in other words, no STEEM.\n\nNew efforts to make non-blockchain \"decentralized\" platforms have to lead to headache after headache. From relying on 3rd party payment processors and being shut down, to being censored on 3rd party platforms while being overly reliant on them. The issue with what I call fake censorship-resistant websites, or unscalable ones (if a project can't scale, might as well be fake, 99% of people won't run a node, that is why we have DPOS blockchains) while some actually mean well, they are just missing the boat entirely and doing more harm than good.\n\nCommunities built on Steem are powerful, but when you combine them with Smart Media Tokens (SMTs.) You have something very special.\n\nFor more detailed info: Community Design Github",
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      "from": "a-bot",
      "to": "venusaur",
      "amount": "0.001 STEEM",
      "memo": "Ever wanted to own your bot? Just delegate your Steem Power to @a-bot and get 100% daily rewards!"
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  "op": [
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    {
      "from": "smartsteem",
      "to": "venusaur",
      "amount": "0.010 STEEM",
      "memo": "Hey there @venusaur, we just wanted to congratulate you on powering up some STEEM and celebrate your growth with you! Thank you for investing in STEEM and seizing this opportunity! If you are also interested in earning a lucrative revenue with your Steempower, then we've got something for you. We are offering multiple risk-free & effective ways to invest your Steempower. For more info, feel free to visit our website: https://smartsteem.com. Warm regards, Team Smartsteem"
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