Hive or centralized social media platforms
Hello friends, I trust the week is going as planned. I am writing in response to the #iucontest for this week.
Social media has become part of many people's everyday lives. It is very useful to us as we are able to do many things on it, like connecting, sharing ideas, interacting with friends, and expressing ourselves. However, not all social media platforms operate the same.
The hive platform is also a social platform but built on blockchain technology. It is quite different from social media platforms like Instagram, Facebook and X.
We all know the owners of these centralized platforms. Their company owns and controls everything. They make all the rules for users and decide what we can or can not post. Our contents there are not completely owned by us. They can remove your posts or even suspend your account in one swoop. Through your content they make money by adding adverts to the timeliness often without giving us any rewards.
Hive is a decentralized platform that does none of that. It is not owned by one person or company. It works with a block supported by many users, which makes our posts secure. Though there are rules of posts and engagement, our accounts can not be suspended or deleted unfairly. We post original contents owned by us and pleasing to read by others.
Another interesting thing about hive is that we are rewarded for our activities. We can earn hive tokens for creating and curating nice contents. This makes it easy for a lot of people on this platform to benefit from the effort they put in to create valuable content.
Hive for now has a smaller user base and growing by the day so our contents may not be seen by thousands or millions of people but we are sure of owning our original content and there's a level playing ground for everyone. We put in effort and earn rewards based on that.
Hive will continue to gain traction, more creators will get on board the platform and hive token usage will increase. This will lead to more shared value and a stronger ecosystem. We will all be here to witness and enjoy it
So, centralized platforms like Facebook and the rest have their own controllers while Hive gives user power. All our creative content truly belongs to us.
Thanks for reading though and join the contest here
https://ecency.com/hive-197685/@indiaunited/indiaunited-new-contest-and-last-b7df040900eaa
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Partially true, my friend. It's true that on Hive, they can't delete your comments, say whatever you want, give your opinion on anything, and earn something for your participation.
Until the bots arrive, downvoting everything you post and taking away your earnings. Getting off that blacklist? Sometimes, but other times not, it's impossible because those responsible don't want to remove you and say goodbye to all your work (as is my case).
Oh wow, sorry you had to go through that.
Well, yes, I didn't do anything wrong; my posts on Hive aren't spam. It's just that overnight everything started getting downvoted. I spoke to the bot manager to get me removed from the list, but he ignored me.
I'm now on Blurt, where that problem doesn't exist for the moment. My participation on Hive is minimal for the same reason.
Oh dear, that's really limiting. But you should go back to participating fully and carefully since the problem is no longer there
Well, there's a problem: every time I accumulate something through participation, it's taken away before I can cash it out (have it in my wallet). Example:
And goodbye to what I had received there, the same for any publication I make, whatever I earn they take it away from me.
Honestly, there's no point in posting on Hive to me. I'm wasting my time, my effort, and my money. It's incredibly frustrating. It's like going to work and waiting for your paycheck at the end of the week, only to find it never arrives: you worked for free all week.
I'm still supporting friends on Hive by giving upvotes, making micropayments with !PIZZA, and similar methods, but there's no point in posting like I used to (until the problem is resolved).
In the meantime, I'm on Blurt. There are no downvotes (that feature doesn't exist). True, I only make about a third of what I earned on Hive, but at least they're not stealing my money (because that's what it's, theft).
I really get you, working weekly without result is frustrating. The reward is a big motivation here. Why does this feature even exist on hive 🤷♀️
Yes, that's the problem. Look, I'm not materialistic. For many years, I participated online by creating blogs, personal websites, and so on, as a hobby. And 15 to 20 years ago, there was no way to earn anything from your online presence beyond putting up a few banners on your website.
But nowadays, it's possible to get paid something (even if it's minimal) for participating. Platforms like Hive, Steemit, Blurt, Publish0x, etc., pay a little, and a small extra income isn't bad. Plus, you're still doing what you love (in my case, I share photos, write articles about computers, etc.).
But working with the promise of receiving something only to have it taken away is, in my opinion, a scam. On Hive and other platforms, there's the option for participants to downvote as a way of saying, "I don't like what you publish, try harder," and that's fine. The worst that can happen is that, as an author, you lose relevance, and your posts don't get as much attention in the feed. But if they vote for you, you move up in the rankings.
On Hive and similar platforms, you also get tokens for positive posts, which is an incentive to do a good job. But... just as you earn money with positive votes, you also earn money with negative ones: the amount generated by the network is divided in two, one part for the creators and the other for the curators of the posts.
Every time a post is demonetized, that money is returned to the platform's pool and used for other things; it's unclaimed money. But those who are voting negatively and have a lot of voting power (check out how much HP @themarkymark has - 1,612,286,604, @buildawhale - 75,618,517, etc.) and they downvote you, you're screwed.
They have enormous voting power, and if they vote negatively, goodbye to everything you've accumulated in your post. Let's take an example to understand it better: suppose you start a small business, pay for advertising, and begin to generate a decent income. Customers come in, etc.
But then Brad Pitt, Tom Cruise, etc., appear on the scene and speak ill of your business, inciting their followers not to buy from you. And what will happen? Exactly. They have a huge influence on the public, and nobody will go to your business simply because they say it's no good, and the public will believe them.
Well, it's the same here. These accounts are downvoting posts on a whim (they're automated votes), and no matter how good your article, photos, etc., are, you get zero points. Now, since they have significant voting power, they can receive a higher-than-average reward (much higher, I suppose) for "curating" the content. Yes, if I give you a positive vote and my voting power is high, you receive more Hive points, but if the voting power is high, the participant also receives more as compensation for their participation, and that's where the money is.
By voting negatively en masse and wielding significant voting power, the platform "thanks" them for their "curation" by offering a substantial reward in the process.
"But why negative votes and not positive ones if the platform would also thank them for their participation?" That's a good question. Supposedly, there are vested interests at play here. Large investors behind Hive's development have a stake in this, and the money being returned could be used by them (Blocktrades is an example of this; it's accused of funding these bot accounts without it being entirely clear what their intentions are).
In short, negative votes are killing Hive. Far from helping, they only serve personal interests and drive away those who genuinely want to participate. If you look at Hive's price, it keeps falling, and I think that reflects the situation Hive is facing.
You are right though
Thanks for checking it out
My pleasure
Hive gets you rewarded for your contents while web 2 socials makes money from your content.
Very true, thanks for reading through
You're welcome
Hive is not owned by one person or company like centralised social media platforms. It works with a blockchain supported by many users and that is why our posts are secured. Thank you for this wonderful piece.
Thanks for reading through and engaging
That's what friends are for.
😘😘😘
$PIZZA slices delivered:
@marjuanm(2/5) tipped @iquo
Come get MOONed!
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