Alright, ladies and gentlemen spontaneous
and directly from Steemit, Inc.
Here is Ned.
Hey, Fyrstikken and and channel thanks
for having me back.
It's always fun to hang out in SteemSpeak so do everybody was muted I
thought I would stop by and we could
talk about a few things here sticking we
were just talking about a couple
different topics is there any particular
one you want to start with the one that
has been almost the most people's minus
the draining of the reward pool it's
something that irritates just the little
guy and how course many people do not be
active on the platform and you could say
some words about dr. Montague questions
about that
sure I'd be happy to take questions
about that you know training of the
rewards cool i think you know the
rewards pool and author awards in
general they're meant to be and have
largely been perhaps the most beautiful
aspect of steam of the entire system in
that we can subjectively find great
people and great content to reward that
in turn makes the network in the
community and the long tail of the
blockchain that much more valuable so
the issue of draining I think we need to
flesh that out a little bit and well you
know I should probably specify you
probably seen all the most flag posts
around statement is about sock puppet
account surveillance up with their own
sock puppet accounts and taking out the
auto reward that way
yeah i think you know when its frame
like that you know it it tends to seem
like a like a problem and in the white
paper that we wrote back in in February
and then published in march we talked
about this phenomenon of the crab
mentality and its kind of inherent in
people across the world that they don't
want to see people you know escape from
the crab bucket in a way where you know
they've made off and they've got this
this better existence and all the crabs
are stuck in a bucket and that is both a
good and a bad thing it's in regards to
to this training of the rewards book
context the crowd mentality is a good
thing because we have the ability to
keep that sort of behavior and check one
we can down vote in 0 posts for the
reason that we see them being rewarded
to greatly and so if there's actually
cases like that where where there's this
sort of deception or or malicious
training of rewards pool by putting once
I'm post up and things like that you
know
downvotes from other whales and from
other people with similar mistake can
help mitigate that now there are other
solutions that I think will also help
with this problem and part of the
problem is is a perception thing because
it's certainly in everyone's own right
as this team over to vote for themselves
but we just don't want to see the whole
system get skewed by that sort of
behavior so one thing that will help his
curation guilts and i think when i was
on last week we talked about that a
couple times but basically the effect of
that is we'll see more voting power in
the content market in any given time and
when there's
more voting power from more people
that's being actively used then it's
more and more difficult for any
particular actor to run away with
outsized rewards i'm sure we can flush
this out even a little bit more but i'm
happy to take more questions
crickets crickets her well
did that really answer the question i
mean are there any particular examples
there that we want to look at I think I
take your muscle net month guys don't
don't get starstruck hair
ok we're talking with not from stomach
think one of the two creators of steam
it's the platform that you guys using
everyday I yet so so let me just jump in
here and also say that I think one of
the solutions that I think will be a
major community builder is foreseen
based websites steam it . com as
particular example they will need to
move towards supporting profiles you
know that give information to the
community specific to you know
individual accounts that are
participating things like that so you
know Facebook and Twitter and all that
people love to check out other people's
profiles and actually learn about other
people so that's certainly an area that
that steam it can become a lot better
with and as we do that another side of
that coin will be at the ability to
verify ones account or be verified by
one's peers or authenticated so i don't
know if anyone here has ever used the
service what's it called its going to
slip my mind something like
we lost you there for soccer
anyway sorry about that yet some sort of
service that that someone can verify you
know they're there other internet
accounts with you know whether it's
Twitter and Facebook you know they'll be
able to be on steam it and log into this
other accounts and then basically stamp
their their blockchain account saying
hey you know this person using this
steam account also has access to this
facebook accounts Twitter account so
it's authenticated in that way and that
would essentially give that steam user
badges and that basically say hey this
is a real person and here's you know the
places in the world that they entered
they interact you could basically got
the that got decoration next to your
neckline based on how terrified you are
on that could become a cool thing I
think yeah I think it would be it would
end up being you know kind of fun where
you can go out you can get badges you
know for for doing that sort of thing
now there could be other levels to a to
like be verified or authenticated by
your your peers of your friends or your
family and oh how about in the profile
section we of course the net profile
image you know I i am dying to put a
nice image there so people kind of funds
in my account but also in that profile
information where type you know in
everything else that I asked me for what
social media menu no steam it does not
even mentioned yet but i'll be output
love to be able to throw in my youtube
account my facebook account my fanpage
my website you know and have those
little icons up there so that when
people want to check me out that they
also come some other social medias and
of course you know all nice verification
symbol like twitter us absolutely need
to get that that verification symbol it
would look great for your profile and
more importantly the community would
really appreciate that because now they
can learn about you that
you hear your kind of this is real
flesh-and-blood or this really committed
you know brand or icon and so that's
valuable to everybody and you know
coming back to the first question about
you know auditability it helps with with
that too because now we can look at the
trending page and see which posts are
really being uploaded and if we're
seeing posts that are up voted you know
and in the the authors someone who has
no verifications has made no effort to
declare their identity at all or their
reputation than you know perhaps the
community should you know should frown
upon that and there should be no down
votes for for that type of thing I think
that one of the probably one of the the
main you know knee-jerk reactions to
that type of thing that would be some
might say well what's that going to do
to all the people who want to be
completely anonymous as they post and
you know there's certainly value in
having anonymous posters to and being
able to express things without having
them to be tied to once reputation and
to be able to do things like
investigative journalism and in that
sort of thing
sometimes it's just better to be
anonymous I don't think the community
should reject that but I do believe
there needs to be some level of declared
identity where someone has to kind of
come forward and say you know this is a
pseudo identity or this is a real
identity or this is a completely
anonymous person and by making that sort
of effort to declare what the account
what the person behind the account is
all about the community members that are
doing the upvoting can add a glance you
know do a much better evaluation of how
I want to understand an upvote you
posted on that account how about
introducing pages if people want to be
anonymous
they could post us a page I so like like
Facebook pages
yes are our group for example I don't
know how group is working on facebook
but let's say that there was a play some
steam it where you could post and a good
all softball done I'm comment but it was
was more like God ok great . create a
nickname for four . park estate methanol
yeah i think you know that's definitely
possible
I mean as you guys know where we're
still really early days but I think we
can all agree that there needs to be
more and more outlets for four people
that to post in a different types of
information whether it's talking about
meetups or particular brands like a page
like you were saying or for some
communities and and have topic-specific
to you know certain types of
conversation and subjects only have an
idea from it you could use them if if
users wanted to have anonymous accounts
then they could simply make a deposit of
steam certain amount of steam just to
prove that they're a real person and not
trying to manipulate system
yes that would that helps with with
civil and and we've actually thought
about your doing that as well just for
account creation because I really don't
think it's a problem to have
anonymous accounts at all i just think
that what we've seen what we've noticed
is that the community kind of wants to
be able to audit the steam budget you
know we think about the the rewards pull
its really a budget being allocated to
different posts across each day and if
anyone's ever been part of a budget
committee you know audit abilities is
really important whether you're in a
nonprofit or for-profit business or you
know in our case you know this block
chain budget but yeah I think we could
you eventually we'll have that feature
you know pay-to-play create an account
with Bitcoin or something like that I
think it's you know it is very easily
gets over the the civil issue which you
know we're actually dealing with now
quite a bit through steam it for the
longest time we've been doing facebook
and read it
verification but we have just struck a
deal with our SMS authentication
provider we're actively integrating them
now and that should be more of a
reliable test to reduce civil in the
future and should also increase ease of
sign up which has been one of our our
major pain points in the last couple
months
one thing that we were talking about in
hair earlier today and yesterday also
was some the user experience the first
in the brand know you sort of this of
being told by all this time to go to
steam it'll calm when it comes to stay
metal calm and bright side mount an
account now what struck me is that why
not put up of this our MasterCard PayPal
payment
for account creation like upfront i mean
everybody in the whole world like to pay
for stuff you know that's what they do
all day long and an irate stance team to
create an account that is currently
being provided by a faucet you notice
donation but i think that it would be
much easier to get people on board if
they actually had to pay to open account
to enter into the social media that can
actually pay for their content know and
they can rank up
that's a great point and you know we
were just talking about Bitcoin to
create an account but your hundred
percent right if you could create an
account with dollars or if you could pay
to have you know special features on
your profile page you know whether it's
a you know a backdrop and a picture or
or something like that or you can unlock
special features i think people would
pay for that 10 us closer as the paper
parlance is on secure short I are secure
for businesses they are secure to open
an account on the website they are
secure but for verification
I can not see one ya enough anonymous
credit cards with five dollars on them
you know yeah well I but new partner .
this on on the budget level her to you
know start get generating in common the
next 900,000 people come in and pay five
box each or tan box eh accumulated into
the budget and realize that's a lot of
money on the bottom line and the bed
walls one statement is going up and
becoming of multibillion-dollar super
enterprise
now the others just use surprise
another thing is investors where we need
a lot of investors that are willing to
invest in steam that looks at the mass
cheap at 50 cent and they might be one
need to sell at 70 box enough you in a
few years but we're talking about people
like my dad you know he would like to
you know invest but pay over an invoice
in your open and my friends that would
like to you know write the check and and
hand over the check and you know not
necessarily have anything to do with
with a count but he'll just want to hold
steam power for a long time as the
contract with you know until it expires
and we could get millions and billions
of dollars in capital to the bottom line
. by as well and I was just you know
generally it's a good life for steam it
to sell steam i think so good here and
I'd been downright could we let them put
last last part okay and then we can talk
about verification again you know I saw
support support one coin the biggest
scam shit in the whole universe right
now they don't have a black shadow
technology but they managed to erase
what a billion dollars walking around
from conference room to conference room
putting up news in in the financial
newspaper whatever people read to invite
them to hallelujah meetings take them on
it and promise them everything
now we can do the same thing but with
steam as the social media of the future
looks like a serious worldwide campaign
the same x minus the scab
hey guys I'm back I I really had to get
a Soylent. you get out of you
they should pay me because had these
things that they're really good can get
in the UK sadly you know what you can
get the UK logo products
yeah you can get joyland we just hired a
security expert and he's been telling me
all about joyland we're just very old
this can wait watch the strings for ages
this is yeah in my opinion in cooler
than that but the 1 i'm drinking right
now is actually coffee flavor and it's
literally well I should say figuratively
the elixir of life hits really great
have been following silent from the
beginning basically and I've been very
excited but at some point I realized
that there's a lot of drinks which you
can take all the time and substitutes
for eating
it's not a new idea it's just just the
that it's an open-source recipe is not
something that's been so much
experimenting with it it's been a really
great story right well you know the open
source is reliable as as we steamers and
see means now you know it's a it helps
improve the product it helps inspire
trust and confidence and you know I
definitely want to support open source /
closers run out of if you are here now
listen to what I was saying is that we
should consider selling Steem to
investors that can pay with invoices and
checks and and and transformational the
old way worldwide like one corn- come
get messy with ax men and milk
well we're still in the beta face
so maybe it's too soon to really push
strongly for nero unless purse i don't
know i don't think so I mean you have a
50-cent token that the investors like
Warren graphic could invest in if you
can just put the pay with a check and
get on get up
document and return sign that you're
your own death and it was handled by
this component right I think you need to
go through around a long process that
mean the issue with the old fear methods
is that they're easily fraudulent stop
that hard for ppl forged checks credit
card reversals bank transfer reversals
it's very common and steam is not
reversible on your hand simply going
what you need is you need a license
money transmitter you know broker yeah
and you know bro grim story you know
PayPal wouldn't do it there
they're not you know right they do have
a Bitcoin team now but you know we're
probably too much on the edge for them
at the moment maybe there's another
money transmitter not happen 19 monitor
transmitter and broker softer with too
little to do on not really it product to
sell
I'm in stem can be that it product for
them and I'll correct what wolf of wall
street and start tiling people and say
hey we got the next big thing on the
internet the God steam and we are
selling it at seventy-five cents you're
selling about one dollar selling that
you know market price boom boom boom
boom right so what websites like steam
it really need are sort of an integrated
payment processor that you know also
integrates with steam and that sort of
thing so you know that existed
you could do the things like account
creation that we were talking about and
purchase extra features and you know
eventually when we get into more of an
attention economy
it could also be the Gateway that allows
advertisers to in a purchase our
attention our steamy and attention
bye-bye
hang in and burning steam so we and we
are going to need those those gateways
and don't want to be stopped taking a
burning the steam if advertisers are
going to come up let those team go to
everybody that i have been active on the
platform the last one to four hours
yeah I think that just to be one of the
people let's see that advertisement or
something don't burn it give it the way
too overboard this a little while while
giving it away to everybody if you're
burning it you're really giving it to
all this team holders but you could also
do it more directly you can give it to
the people who have if you didn't
spatter reference to some transaction
this is not about feelings first taking
this is about relevant but if you bring
a good I I think feelings feelings are
really important I I think we have a lot
of testing to do as we become more
integrated and it's easier for capital
come to come in and and purchase
attention will definitely have to test
things and you see what works best
you know is buying and burning better
than than having people by our attention
directly i don't know i'm really looking
forward to to being able to test that
but fear sick and you you would rather
get paid so that's that's a good data .
if I have to read on McDonald's
commercial yeah sure i would love to get
paid band
yeah I mean it's you know for the first
time it's it's it seems more possible
you know what with the blockchain here
as the underlight to the social network
you will still have challenges you know
the the challenge with paying viewers
directly is a the same as it is today in
the sense that someone can run bots that
you know
click on ads and essentially you know
tell the website that there was a viewer
and a click and that sort of thing but
you know maybe maybe there will be a
successful model underneath all that
well maybe you could pay back like
curation for example and when they
promote it you could give back
some of the promotion money to the
abilities sqa shin that could be
possible instead of burning it you could
take this team and put it back into the
rewards pool when as you were saying
about everybody we do already have steam
pay of course if you haven't already
heard that yeah but we need something on
the cited side of that is recognizable
for everybody or paypal barton and obese
and MasterCard all normal things
well that's actually a huge challenge of
companies like coin pace they put in a
lot of work to detect fraud and it's not
as simple as just adding a payment
option when you're dealing with
cryptocurrencies we're not dealing with
cryptocurrencies and account creation
process we're just creating an account
and it costs money to open an account on
the website so that segment is not know
what first taken the accounts have to be
funded write and create costs money yes
they can discuss know you can be
reversed so doctors a different business
accounts can already been corrected
right just giving them my name
yeah whatever technicality I mean just
just making simple this is FS books are
committed to charge 10 box to open an
account there you know
so what Facebook is making timebox steam
i think is making unbox it doesn't have
to be difficult we don't need to make
things hard
let's just do it the traditional floors
the difference is when faced with Mason
account they can suspend it if someone
charged back with steam you cannot once
that i can create it's there forever
just like sending the coins I let's just
say like this okay so before everything
is settled on a no chargebacks or
anything can happen
the owner on donor and active key is not
active so it will take themselves among
the whatever it needs to take for those
cases to actually live our convos
account strong also my DS yeah we
thought about that model too so that you
can basically have a free account
creation
yeah it's kinda like having a guest
account or a permission account where
you we show up and you're really just
given the posting key when you start out
and if you then continue to participate
and be you know a good you know
participate in the network and maybe
after 30 days or after a few days you
get the owner key in the active key and
that sort of thing that's possible i I
think the account signup issues is it's
very solvable and you know i think i
think the bigger point is is can we did
the bigger part of this conversation was
can we get a payment processor
integration i think that that would be
huge
the more exchanges and payment processes
are integrated
the more you know gateways we have for
regular people to come in and start
using this network of value and it will
translate into things like the
marketplace you know if we have a
successful marketplace on steam . com
people are showing up to the site but
they probably only have dollars when
they get there right so they're going to
need a way to take their dollars and
turn it into steam dollars steam or when
they do a transaction maybe that could
that that exchange happens right there
right then so I think that's going to be
really important if some of the
community members wanted to take it upon
themselves to do a little work i would
say that on the business development
side if people could a few individuals
could go out and look for a few msb some
money transmitters and payment
processors that might be good partners
on it already on tents
oh yeah that's good work that's all yeah
i saw your post there so so tell me more
about that service basically going
payments very well-known up here no
payment gateway that works with Thomas
and work basically so what this does is
allows us to easily make stores except
steam steam back dollars or existing
stores out there will also be able to
accept that can be huge
they were hoping to have it done by like
this but i'm not sure they're gonna have
done so I'm gonna be posting as i get
information
great keep us updated on that that will
be valuable the more of those that we
can do the better so kudos to you for
for making that happen i think if we can
do a few more it'll only be more and
more of an augmentation to the network
effect of of steam and steam dollars and
if anybody else has any connections to
exchanges you know no matter where they
are in the world whether it's in Korea
or
mexico or and or something like that
I think what you no steam might be at a
point where it would be beneficial to
get a few more of these exchanges on
board
we've got some really good ones today
you know from shape-shift to change the
. the extra bit tracks and all these but
and block trades and all that but i
think the more the better
and if people wanted to start working on
some of these potential partnerships
between steam and these businesses i
think that you know that that could
really pay dividends to the the whole
community and I just wanted to safely
account creation if a non-steam i've
i've almost proven that there is in fact
a good market for this wee bit daunting
has been open for the less than a month
and we've had almost a hundred account
payments hundred people have paid for an
account i think my price right now is
about ten fifteen dollars per account
and yeah we almost hit a hundred
accounts and people we definitely
keeping your active on wow that's that's
work paying off
that's great congratulations concrete
price on a copypasta i think i think
yeah but because i got one style . i
have a problem with in the world out
when i talk about steam against that
it's too good to be true
I don't want it to be too good to be
true up i want to go on inside
you know it's just ten dollars to open
an account but they are talking about
racing it to fifty dollars because there
are people in there making hundreds of
dollars a day now i think that would
rush people in it make it make it more
exclusive
everyone's got their membership fees
yeah exactly i'm now they have paid them
himself into steam it they have a blog
now ok they need to do an introduction
post their social medias to their
account their face to their profile
picture and you know make it pretty
one thing to consider is the strategy
that gmail you sending out
invites to the users they can give away
to their friends something like that
we're talking a lot about that you know
if we look at a lot of the the big boom
that steam had and came in July and it's
it's still going on to some extent . but
there's a huge boom in July a lot of it
had to do with the ease at which steam
it and another steam based websites
links were proliferating around the
internet facebook and read it and
Twitter were really allowing these links
to to flourish and I don't have it
officially documented but it seems like
some of these other social sites may
have a shadow bend some of our links and
that certainly has an impact
you know I think on reddit steam it
links really don't move up if they get
upvoted and things like that but what
that means is we absolutely need to have
a very solid invitations program that
allows people to reach into their
networks and you know make it a solid
gesture to these people to come to this
platform and then when they get to the
platform there has to be another really
solid you know onboarding process that
it makes these people feel comfortable
and helps them set up their profile and
get started and make their first post
just be successful off the bat so that's
that's really what I'm concerned about
is is that user experience and once that
user experiences is there we can see the
conversion rate is high enough then we
absolutely want to see these invitations
and we want to see the invitation
process be be really great to so that
just scales and scales and I think you
know what we'll get there
the team here in in Virginia and you
know our remote guys we're working
around the clock it towards these goals
but yeah i'm really looking forward to
the the email invitations I think once
we've gotten there you know that's
our time to really make a push and see
if we can no onboard the rest of the
world the referral program
yes it's not something that we should
start button on final graduates for ya
so referrals is essentially the same
things invitations but it might include
the connotation that that some of its
incentivized so like a sign up your
friend and get an extra five steam power
and what your friend signs up through an
invitation maybe they get you know
another extra five or another ten seen
power to start
yeah i think that those who your real
friends of course also an imaginary
friends
hey yet so we need the civil protections
you know like the SMS verification and
that sort of thing that we're working on
now so that will still be a part of it
but i think the incentives to take these
sort of actions are great and they'll
probably amplify the success of of the
invitations program that can be other
ways to incentivize people to like okay
you know you did your first post here's
an extra five steam power or you know
you made you know your first upvote or
you know you got you know 28 votes on
your on your posts and here's an extra
ten steam power you those sort of the
sort of you know positive feedback
notifications I think you really helped
user experience too so I'm really
looking forward to to the referral
program and all that incentive stuff
that we can get two should we be worried
that the mining q is dominated by two
accounts is it too i was looking at this
morning it looked like you had
supercomputing and what are the names of
the other ones but look like crap about
five or six in there just open a
definite for evidence of recomputing
only yeah it does seem a little lopsided
from what I understand there's no
confirmation
that they're using GPU mining so we
don't know exactly what's going on there
you know there's an argument that that
the the mining algorithm should be
changed there's an argument into to be
kind of lower barrier to entry like it
like it seemed to be before and there's
an argument that the mining room should
even be changed so that it becomes
something friendly to basics you know
like why not going to take this thing to
the endgame and images like Bitcoin has
gone from cpu GPU to to asic i want to
take this thing to the endgame steam to
the endgame and and make it sort of
basic friendly but I you know it's it's
it's tough what do you guys think do you
think that the mining algorithm should
be changed or do you think it should be
left alone in the competition should
play out we'll see more and more people
become competitive enough to to get into
the queue when I mean it depends on
which what you want to do with the
mining do you want it to be for example
you want just be everyone fights for the
best hardware like Bitcoin where we just
get a stick area won't be long but coin
when we change the algorithm every three
month also that nobody can even think of
making music right that's the thing i
think that that change you know makes it
tough for people to commit to things so
personally I'm not really a fan of
changing the money algorithm but there
was an initiative i think by a prune to
creative yani for an open-source GPU
minor and well if everyone had you know
that my tool then issue solved at least
in the in the meantime I yeah I'm right
here but I had a question related to
that
how do you feel about remaining removing
the mining q altogether that's it
interesting question well you know
there's quite a contingency of people on
the block chain space who see mining as
a very pure way of securing a blockchain
protocol and I think there's definitely
related to be there and that's why dan
and I decided to include that in the
consensus of steam but now that we are
at this point i think it's it's it's
still I think it's just an interesting
question i think certain things like a
consensus algorithm probably shouldn't
change there's there's certain things
and you know like property and emission
and and things like that that probably
shouldn't change but I don't know what
are you going to cook career change
stuck in and what you know we are at the
30 second block time now could do not
change and at the same time also setting
the rock time to say one more maybe less
when we were running our first test mets
back in February he was our ambition to
have to second block times which would
mean one second transaction speeds on
average and if that would have been
faster but three seconds three seconds
blocks one and a half second transaction
times on average is pretty darn fast
I don't know but just a bunch market
control the rest of the cryptic words as
poss
yeah we'll see you know we you know we
we experiment here in the office quite a
bit maybe that's something that you know
and automatically if you have to I'll
goals now gpu-based and cpu-based you
have all this extra ration power a
minute just makes sense that to you also
could
the block foster well you know it's it's
a there's a few issues there and this is
probably something she had an online for
but you know there's a speed of light
issue you know you can only have
information hair
yeah let's let's get him in here one of
these days and to answer some of the
technical separate but on the Block time
thing it's really a speed of light thing
and you know it's a question how fast
can you get information around the world
I don't think it's possible to have
something like one and a half second
part times maybe that's the absolute
absolute fasted fastest but then you
have other bottlenecks and there's so
many different pieces of the code
there's the networking code the
peer-to-peer protocol and all these
things and they have to be able to keep
up with the block times so it's a very
involved process and the faster and
faster you get the more and more tight
all these different layers of of the
block chain code have to be and yeah i
mean i would love to see to second block
times maybe it's it's something that's
possible in the future
yeah with this such that I risk as you
say with the network risks for example
and said that i was recently helped
beyond a certain witness in south africa
and over there for example to all the
seed mentality gets to between 300 to
600 milliseconds with the one second
block times that's probably that's let
me maybe thirty percent chance of
missing a block every block yets and
that's that could only be made partly
reduced by maybe having more witnesses
in Africa and more seeds but point is
that one second you're putting a lot of
risk increasing the risk of missed
blocks especially because the
computation time the network speeds and
then just random just missing blocks in
general from random things
that's right so you know I think for now
three seconds is good i don't know about
you guys but but when i'm voting on the
site and hit up vote and then you get
the little spinner that's going you know
what you're really experiencing is you
know you're sending this information of
the blockchain and its trying to get
into a block and all that so it's kind
of neat you know if you're if you're
able to think about it on that technical
level it's kinda kinda neat kind of all
most rewarding i mean correct me because
feel differently to kinda feel the vote
go through amazing to see the steam with
the mechanism illustrated us mechanic
mind-blown though I I I you know what
actually went with actually when I push
the button
I never really thought about it but it
feel it feels exactly like you explain
it subconsciously that's cool that's
cool yeah i mean you know it's a it's
it's a technological you know phenomenon
and it's pretty special to you know for
us all to be this close to this is
distributed database you know that were
all owners and caretakers of so maybe
there's some more cool stuff we can do
to kind of illustrate that that people
are participating in this in this with
this special technology
alright
as any last questions I've gotta get
back and and shoot off a few emails
before I get back to my apartment if you
could have approached the launch of
steam it differently rather than mining
what you have done anything to disperse
the initial state wider or would you do
with the same way that's a great
question and anytime I a blockchain
comes into existence
there's a lot of thought that needs to
go into the launch and when we were
launching creating and preparing to
launch team we had a very specific
business case in mind and we knew that
we wanted to do it in a way that was
very satoshi and in a way that had very
had the most clear regulatory sort of
bumpers around it and certainly that's
that's through mining at a coin into
existence
I CEOs and things like that they still
have there's a lot of question marks
around how certain regulatory bodies
view those those types of blockchain
launches and what I do it differently
it's it's a it's a good question but but
you know when we look at the business
case i'm very glad that there's a good
amount of steam power here in that my
company's managing so that we can
leverage it for the the referral program
and incentives and all these types of
things that we believe will have a
terrific impact on signing users up to
the network and and just growing the
ecosystem
um one thing I'd like to ask from you
guys is Charles and Charles from there
if someone else was looking to get
Stephen King support what are you guys
looking for in Canada not telling myself
in general
yeah so Charlie I wouldn't we went
through this a little bit last week but
Charlie truly is a lot of experience in
the Bitcoin space needs experience you
know not just as someone who understands
the technology but as an entrepreneur
with lots of connections in the space
and he's able to to navigate you know
both the business development side and
on the technical side he knows a lot of
developers and things like that so my
guests with him was you know this guy
can bring a lot of value to the
community so I wanted to make sure that
that he got enough boat but that's
that's kind of how I look at at anyone
running a witness note you know are they
bringing value you know and are they
working on projects and and and that
sort of thing so Charlie certainly is
and his is so much as he's gone as far
as you know hiring CTO and you know is
is working on some some terrific stuff
and as introduced me to quite a number
of people who i think will be beneficial
so yeah I think you know what am I
looking for i'm looking for 444 movers
and shakers you know people who can you
can really help grow this thing that's
it
and the last question to not before us
to run how well I just now mentioned
before the issue with the editing
deleting archiving answering but but you
already said that
that's on the discussion anyway
really talk about it that's deep fester
sometime else
hey ya this weekend steamfast i'm really
excited about that i will be there for
him
you'll be there looks like a number of
the guys in the channel here will be
there so yeah just wanted to say really
excited about that hope to see most you
guys there
rowland's in the channel to Roland it
when you're doing an amazing job
organizing this thing and so thank you
everybody was nervous if if would if his
project would be funded or if it would
be given a big bill in the end and I
said to him . you know it's not just
calling to an event no way is live in
your with the bill in my hand so let's
hold him to calm down so i hope i didn't
light right-hander
Yeah right and I'm have to worry about
it
shucks I can't go to steam phesal even
though i'm already in the Netherlands
because i'm flying out to canada two
weeks prior but otherwise i'd been there
man still make this work Robin college
for man i have people working for this
flight look at it forever man so I i
cannot miss that boat we remember bill
grad student
yeah it's cool and it's cool i gotta
graduate
we're angry comments i did it is and
then i'm going to toronto are a couple
problems over me where you went
I'm in the middle of manitoba oh shit
like where's that kinda mid like
literally snap little
shit yeah yeah I didn't think very pie
is actually in stratford or near
stratford so that's about two hour drive
i heard from medrano it's pretty smug
you that way last time I know they're
called a couple use your loss solution
and stuff kind of buggered up in there
you know we just got a we just got a big
screen TV in the office down here and
it's got the the map of google analytics
and you know we're becoming a really
data-driven organization and it's got
blockchain analytics and social media
analytics and conversions and all sorts
of things like that and one of the
things I really love is is the map you
know we can see you know where people
are locked in and things like that so
there's definitely a good representation
in Canada so shout-out to you got gold
that i'm curious above the the mood and
the entire team
the price has been going down for a
while and it could be scary for some I
don't know but how are you feeling about
the entire thing I to be honest I feel
great you know what what we really are
concerned with here is growth and we
have such a clear path ahead of us in
terms of you know getting the user
experience where it needs to be and then
and then turning on the burners and
doing you know invitations and and you
know using a lot of these these proven
methods plus this this element of steam
that that other startups have not had at
their disposal for maybe you could argue
something like paypal you know did the
five dollar sign up program but you will
be able to do even more creative things
with the steam and the incentivized sign
ups and and posting and things like that
so when we boil it down and we look at
the plan for growing the social network
and adding in you know marketplace
functions and things like that and so
people can kind of put up their own
stores i am just so excited about
and a little impatient too because i
want to get there already but you know
the journey is is you know where a lot
of the fun is so the movie is great
where we're like I said becoming a more
data-driven company and we brought on
some guys who have a lot of experience
scaling startups and you know on the
technical side especially and it's it's
just becoming really really exciting
here in the office and for the whole
team and just couldn't be more excited
to have some internal met matrix this
wasn't what call what are they called
some statistics that's showing you that
it's going well that you are going
forward and a positive way something
that we don't have access to like for
example where part webpage visitor
statistics and things like that
yeah yeah I mean there's google
analytics and that's where thing and you
know we're seeing you know tens of
thousands of users per day we're seeing
you know into the six digits you know in
active visitors per week and you know
that's a really terrific bass you know
in terms traffic and things like that
you can use alexa.com and worth the web
and you know they're just kind of crude
a rudimentary measures of the successful
website and how it could potentially you
monetize from advertising things like
that but you know you can kind of use
that as a as a way of just looking at
and how busy is is the website so yeah I
mean what we're looking at is is a path
towards building a very heavily
trafficked and very used website we need
to do a few more things on the user
experience side and then we get to turn
the corner and turn things on with
marketing and all that of one thing I
did want to mention is I we are hiring a
marketing director so if there's someone
out there who feels like
they can bleed steam 24-7 and be
strategic and help us manage things in
the social media channel and on the pr
side and help us to cross promotion and
really be a hunter in in finding and
targeting you know opportunities to to
cross promoted at events like South by
Southwest and things like that where we
can just get everybody talking about
steam and a very condensed you know area
at a specific time that somebody would
really like to hire so if you think you
might be that person or if you think you
might know that person please turn your
hat
I think I don't speaking of Peru and you
know kind of regional stuff i think that
go back to that marketing director
position i think we have such a terrific
community here that we're also going to
need to kind of get more organized so
that you know different you know we
could have these different kind of
regional influencers and managers and
things like that so hopefully you know
we can find someone who can you can help
me structure that and same goes for the
technical side to there's so many great
technical people in our community
working on so many projects there's more
than ninety three applications on steam
tools today and so what I you know
hopefully what we can do and i have
tried to do it with the bounty system
and all that but hopefully what I can do
and I think I have someone here now in
the office who can help and maybe he'll
get a better introduction on the web
site soon but you know hopefully we can
have somebody who can help us kind of
have really great communication amongst
all the people working on technical
initiatives around the world to so those
the kind of things I'm really looking
forward to just getting better at where
I know we can benefit from a little more
organization but yeah anyway they're
sick and Peru let's do it then I think
you would be a great community manager
down there
yeah I'm are living and
in the best area where all the famous
people live and jog and walk their dogs
and you know it's 10 million of my
neighbors of potential investors and
their kids are potential bloggers in
Spanish so we got Spain you know this .
es locked in America's big where have
been supporting this Venezuelan dog
charity think we're gonna see some more
valuable content coming from in Peru is
the richest concrete Latin America
especially with all the douche wanted
from the past so we can we can we can
move mountains definitely automatic
statement is an easy sell
once everything is once the ship is
ready to really sale and take on take on
cruise passengers I think we're going
all move forward and I won't be in the
iceberg in our way or will this plow
right through it
yeah I completely leadership we will
steam it away guys
a pleasure to hang out on this saturday
afternoon or afternoon here anyway I'll
see you guys on steam CNN alright you
have you
thanks cats by thanks for coming by then
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