Since 2017, I have been a witness to the ebbs and flows of the Steem platform. The platform promised decentralization and a new era of content monetization. However, over time, its journey took a turn that many of us did not anticipate, especially with the entry of Justin Sun into the scene.
The Downfall of Steem: Why it can be a Good News for Hive
It's common knowledge that the majority of Steem's active community migrated to Hive post the contentious hard fork. This migration wasn't merely a shift in platform; it was a migration of values, ethics, and beliefs in the power of genuine decentralization.
The impending failure of Steem is more than just its diminishing value or lack of active development. The downfall is symbolic of a broader narrative. When you look closely, it's a story of how even deep pockets and influential backing can't stand against genuine community spirit and true decentralization. The message? Decentralization wins, always.
Moreover, the fact that Justin Sun's involvement with Steem could eventually lead to its decline might deter future centralized entities from exerting undue influence on truly decentralized platforms. It's a testament to the resilience and the power of community-led platforms.
Hive's Edge: Decentralization and Active Development
Hive's main edge over Steem, or any other platform for that matter, is its unwavering commitment to the community. Just a glance at Steem's GitHub page since the Hive community moved on showcases a glaring lack of development.
Contrast this with Hive's ongoing advancements and enhancements, and the picture becomes crystal clear. When you invest in a community, they invest right back. This active development, driven by passionate community members, ensures the platform's resilience and adaptability in an ever-evolving digital space.
Steem's Decline: A Blessing in Disguise for Hive?
With Steem's potential downfall, many on the fence about Hive may soon realize what we've known all along: Hive's power lies in its unwavering decentralization. This isn't just about tech; it's about philosophy. Hive is decentralized not because of how it's coded, but because of the people who breathe life into it.
https://twitter.com/ausbitbank/status/1711080859678437557
- ausbitbank
This realization could lead to a surge of trust in Hive's governance and possibly even a boost in the Hive token's value. More importantly, it can act as a beacon for those who truly believe in the principles of decentralization.
Hive's Future: Thriving and Empowering
Envisioning Hive in the coming years, I see it not just as a platform but as an ecosystem. An ecosystem where social media apps flourish, where content creators find their voice, and where every single user has a say. Hive will not just exist; it will thrive and become a paradigm of how community-driven platforms should operate.
In Conclusion
While it's not about celebrating the downfall of one to uplift another, it's essential to recognize the inherent strengths of Hive. The platform's journey, resilience against centralized powers, and unwavering commitment to its community is what sets it apart. As Steem's chapter seems to be coming to a close, Hive's story is just beginning. And it's a story we all are crafting together.
The lessons from Steem and Hive go beyond the realms of cryptocurrency. They're a testament to the timeless power of community, decentralization, and genuine passion. And as we move forward, these are the values that will guide Hive to newer heights.
P.S Justin Sun is our best marketer on Hive.
This post was inspired because of the post by @edited and the tweet by @ausbitbank
