What makes Steem a turnkey Blockchain for Dapps?

in #steem3 years ago (edited)

Community, zero fees, fast transactions, web based, it's a functioning blockchain, no C++ blockchain dev required


The heart of what makes building on Steem successful is the community. There's thousands of people here. There's 50k active daily accounts according to @penguinpablo and his reports. And you can find them. It isn't just some random reddit page. There's a whole app for sharing posts called Steemit and then there are the Discord and Telegram communities where all these folks live.

The PALnet community , https://minnowpond.org, alone has 20k Steemians all in one place. These teams gather, the witnesses gather, and devs talk. You can actually find people! So, if you want to launch a project in the crypto world and are asking "where will I find people that want this?" look no further than the Steem ecosystem.

Zero Fees

In a game that you might want to play you could make 50 transactions in a day. Move this card, buy that gun, start this game, whatever. If every time you have to do something it costs you $1-2 that adds up fast. Now it's a money sink before you even get to playing or owning anything. Who wants that?

Steem is a zero cost blockchain. To get the ability to do anything here you have to stake some Steem as Steem Power that you can't remove for 13 weeks, but when you're done with it you can sell it back. it's not like it's gone as with gas and ethereum.

Fast transactions

Back in December I tried buying and selling a little ETH. It was awful. Transactions sometimes didn't go through even with max gas and it was slow. Bitcoin bugs the shit out of me. I gotta wait how many hours? And don't get me started on fiat wire transfers. Fuck those guys. Even in crypto it can be a pain in the ass to know when transactions are processed, but not Steem.

Steem has 3 second transactions with irreversible blocks in like a minute. Transfer money and see it there essentially immediately. Other blockchains don't offer that, and certainly the fiat world sucks at it. If you want a system that allows you transact quickly then you need Steem!

Shit works

Ok, don't get me wrong. It doesn't always work perfectly (HF20 cough cough), but other than when we upgrade the code we're pretty smooth running. Now that may seem like table stakes to play anywhere, but keep in mind what it means. If you want to build a game on etherum good luck. There's no room. So, now you have to build a side chain. That's going to costs you $10k if you're lucky and $100k or more if you're really handling this professionally. That's before you even have an app or business running. You have to start with the fucking chain. You're gonna spend 6 months burning cash before you even get to start working on the actual product!

With Steem it's functional. Come here, start transferring on day 1. I mean, think about how hard it can be to get a business up and running in the US. Then figure out how to get it to accept money from anyone on the planet. It's hard. Then try to setup Steem (can just buy an account through steemmonsters.com). And accept money from someone far away. It's easy.

Dev Work

Ok, last major point is about Devs. You have any idea how hard it is to find a C++ blockchain dev. It fucking blows. it's nearly impossible. You know how hard it is to find a web developer? Just hop on Freelancer and find like 100k of them. Finding an amazing one is a different story, but finding someone that can make a web page isn't rocket science.

So, which challenge would you rather face as a business guy? Find a C++ coder who you have to pay more than your attorney or find a web developer on fiverr who has to figure out APIs for Steem? It's a no brainer.

Build you Dapp here

Look, I know we're in a bear market. it blows. It hurts. But it'll end, and we'll have another rise up. If you start your project in the full swing of the bull run you'll likely miss your chance to capitalize on it. So, get your shit together, pack it up in a little box, and mail it to your special place storage unit.

Get your app built and get ready to ride the next wave. You can build it in many places, but I think you're foolish if you build it somewhere other than Steem.


Awesome post. Added to favourits on parkito and will share it across other platforms after the holidays. Nice work @aggroed, happy christmas

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Thanks for the ideas.

Find a C++ coder who you have to pay more than your attorney or find a web developer on fiverr who has to figure out APIs for Steem? It's a no brainer.

Nice point. Steem is actually an outsorced blockchain backend.



First of all Merry Christmas!

These are the kind of thing that I would like everyone to understand. A lot of people out there, with a lot of potential who could do great things here! I wish I was a dev (maybe I should learn) to be able to take full advantage of Steem. Maybe I could hire a developer and make my own DApp/game/website powered by Steem, well first I need to Power Up some more.

Thank you for making this post!

If you are serious about learning to build stuff, I've been learning and involved in free code camp for a while.

Great community. Once upon a time you got a brownie when you helped someone out. But the brownies just added to community social capital.

Imagine an integration with steem where kudos and thanks equal actual value??

Anyways, I recommend checking out free code camp.

Thank you! I will check out free code camp.

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I think it's also important to note that all stake-holders control 90% of inflation. This allowed us to create a tipping network. Our business model can't be copied by POS or POW. This implies that there are other business models for DPOS that we haven't even thought of yet that can't be copied by the other consensus algorithms.

In addition, it seems like EOS isn't making much progress. Maybe I'm just living in an echo chamber but I don't see much product coming out of that hype train.

I have personally heard that threre are plenty of EOS projects going on but nothing out yet. However I've seen any decent looking smart-contract block-chain communities saying the same, that they got so many cool projects going on and they are going to moon once they are out.

Honestly, this whole space is connected, so if one project moons, they all do. I wish EOS all the best.

Great post @aggroed. I don't have much experience in web development. I was wondering around how much would it cost (approximately) to get someone to develop a front end on the steem blockchain similar to busy.org? I do have an idea for a new front end but I would need a web developer to help make it.

Btw, did you end up announcing a winner for that 100 Steem business contest you had in the past?

No, I'm gonna push it into 2019 and increase the prize.

I see. Do you have an answer for my first question in that comment?

Thank you

I do love the idea of steem, and clearly there is room for applications that support it to grow..

It's going to be interesting to see where it all ends up.

This post has been included in today's SOS Daily News - a digest of all you need to know about the State of Steem.

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It's all absolutely true: thanks for writing this Steem promotional post, @aggroed!

Resteemed and shared with friends. 😜

A huge hug from @amico! 🤗

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@aggroed, There is no doubt in saying that Steem will Revolutionise the Social Media Networking world because of it's Decentralised Economy and Strong and diverisified Communities from all over the world.

But most importantly, in my opinion Steem is becoming more application and Niche oriented, where we are watching amazing applications and some are specific applications and these specific applications can invite more Users With Niche.

Stay Blessed. 🙂

as promised, I would be back to this post. Just letting you know I have now shared this post across platforms. And I am getting ready to ride the next wave myself, I may not be an app developer, but steem is not limited to apps. steem is open to all business types, even my own. 2019 should be fun :-)

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