Are We Better Off On Twitter or LeoThreads?

We starting a fair detailed discussion about the numbers pertaining to microblogging on blockchain. Hive is going through a transition with the addition of this to the ecosystem.

Thus far, acceptance is rather slow.

According to Khal, we are looking at roughly 500-600 Threads put up each day. This is minimal at best.

Being a relatively new feature to Hive, it is understandable that it is slow to get going. Couple that with the fact that Leofinance is the only one who is offering this feature and we can see why adoption is slow.

That said, among the Leofinance community, we see a lack of participation. This is what should be most bothersome to anyone who is holding LEO.

What is sad is many of those who profess to be "lions" will sit in discord all day long or are posting throughout the day on Twitter.

But to what end is the question.

Here we will take a look at the impact of Twitter and whether we should be spending our time there.

500 Million Tweets Per Day

Twitter is a busy place. There is no denying this.

Here is what we see being done each day.

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Source

Obviously, something like that is out of the reach of LeoThreads.

This did stimulate a very interesting question:

What Happens if We Capture 0.1% of Tweets Posted Per Day on Hive?

This article delves into a very interesting proposition. How much benefit is brought to Hive is the number of Threads skyrockets?

Instead of dealing with a few hundred per day, what if that was a few hundred thousand?

As we can see that would be just .1% of what Twitter does.

Monumental Activity On Hive

The key here is these numbers are just Tweets and Threads. We are not dealing with the other transactions associated with them such as comments and voting.

Therefore, 500K could easily turn into 1.5 million with votes and comments. This would be a major boost to Hive.

Here is what Hive is doing now:

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Source

This means we would about double the activity on Hive.

Another thing to keep in mind is the fact that whatever rewards Threads earn, as long as it tops the dust threshold, will result in a payout after the 7 day voting window elapses. This means we will see another few hundred thousand transactions based upon the activity done previoiusly.

The advantage is this is one thing within our control. Where we post and how much we do is our choice.

The Twitter Army

We have a strong group on Twitter. That cannot be denied.

What is debatable is the impact they are genuinely having. Are they making a difference?

To start, we know Hive is still shadowbanned. Many of the ones I follow have the vote immediately removed as soon as I give it. Hence, Hive is not going to reach trending.

Many espouse the reason to be on Web 2.0 is to pull people to Hive. This makes sense if we have a reach. However, it seems anything mentioning Hive is immediately boxed in. This means that, very likely, we are simply talking to ourselves.

Another way of looking at this is the results on-chain. How many new signups are we getting each day? Are the numbers increasing over the long term?

It is a while since I looked but my guess is we are not seeing much improvement. Therefore, the impact of all this Twitter activity is perhaps helping Elon Musk yet is not doing a great deal for Hive.

Hopefully someone has evidence to the contrary.

Twitter or LeoThreads?

Where is the best use of our time?

This is a serious question. Once again, it becomes a matter of numbers.

How hard it is to do 10 Threads in a day? That is a piece of cake. Now, if we have 1,000 people doing it, that is 10K transactions with just those who are on or around Leofinance.

This, of course, will lead to more engagement, meaning that people will reply. The back and forth can become a string, causing the numbers to rise quickly.

The Most Liked Tweets of 2022 are:

  • Chadwick Bozeman 7.1 million likes
  • Elon Musk 6.3 million likes

Naturally, we will not see anything close to this. The point is, however, that it is an increase in activity. Is this something that people consider paramount?

We see some well known lions sitting on Twitter all day. Perhaps it is time to check their Threads and see how many they did.

If Leofinance people will not support LeoThreads, who will?


If you found this article informative, please give an upvote and rehive.

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I haven't tried it but I hope to try it soon I think blockchain blogging is better than Twitter but we don't have lot of user's

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Now we can easily say we have an alternative of Twitter

It's so huge if we are able to develop it without any issue or problem

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I’ll try to get into the threads stuff now that I’m focusing more on hive engagement than other things like Splinterlands. It won’t be a big increase but adding another person to it helps I think!

I never liked wasting my time on Twitter or discord or other platforms. If half of the activity that’s thrown onto those other platforms is brought back to hive instead and brought to comments or D Buzz then we can see dramatic increases in activity. It’s a shame people will say they are for hive but will sit in discord all day and chat away. That same activity could be done on a thread or in a comment section!

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Thanks as always for your insights! ☺️

I think the benefit that people see with using Twitter is the social aspect - there is engagement with the tweets, even if it does not pay. Whether it's a reply or a like or a retweet, they are seen. Threads on Leo are not used frequently enough to engage this aspect of what can be considered a basic human need: social interaction. Plus, it's tucked away within LeoFinance, and barely has any activity leading people to know that it exists (I found it through one stickied post which I'm sure not a lot of people see).

Threads need to gain visibility by those using Hive first and foremost; then, we can expand outside and convince Twitter users to join.

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Certainly there has to be the use by people on Hive first. This is the point. We have maybe 500 threads done a day. There are more than 8,000 people on Hive. If each one did just a simple Thread, the numbers would explode.

Alas, that is the plight of anything. The masses do next to nothing.

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I think that putting it closer to the forefront of LeoFinance would help. I dug around to find Threads and how to use it. It's tucked away in a corner of Hive. If I'm being frank (not the drunk guy next door 😉), I'm surprised the engagement is as high as it is out of 8,000 active users!

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An irony indeed that most spend time elsewhere and not on threads. If we are to grow userbase here, we have to increase at least our own activities onchain. Hopefully, that will change as more will learn about LeoThreads.

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Yeah when it will only help their stake.

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If LeoThreads can help those people improve their stake on the platform, then so be it. Once they see how much more their earnings are thanks to LeoThreads, they'll make it a point to do their daily threading.

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I think Threads are just starting up and we need both Twitter and Threads. Twitter for getting the traffic and Threads to give the same experience to them.

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How much traffic are we getting from Twitter? Hive is shadowbanned on there. Look at the growth numbers, it seems like we are not getting a lot of new people off there.

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(Edited)

When you say Hive is shadowbanned on Twitter, does that mean users can't post links to Hive blogs?

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I've never used Twitter so using #threads is a brand new experience for me. I've posted a few things here and there but I'll try to be more consistent going into the new year. As you say, if we on LeoFinance don't use threads, how can we expect anyone else will?

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I think Leothreads are a good thing for people to promote but I still think Twitter is better at trying to attract people over to Hive. I think there was also some pushback from Elon about trying to promote alternatives but I think he pulled back. However, I do think anyone on Hive should also post it onto Threads as well.

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Leaving Twitter isn't that easy in this day and age. I mean, look at all those "cool", "hip" and influential people who were loudly proclaiming that they would emigrate to greener pastures of Mastodon because their conscience told them to. A month later only 1.6 percent did so.

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And that is not a true solution either.

But you are right, most do not leave. That is the point. Even among people on Hive, they do not add something different in.

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For us to talk about the product we have to use it and be constant on it. I see your point and hope everyone takes the lesson.

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I am new to LeoFinance, but I totally get what you’re saying. I started using threads the past couple days and it is lots of fun. People are very responsive and I use the threads to ask questions about LF etiquette and such, so basically my learning tool. It’s as easy as dropping into Discord to pop the questions. Threads give me almost instant replies too. I’m getting hooked on them fast! 😁💙

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Definitely on the Threads bandwagon but that's probably easy to say cos I never really felt for Twitter. Threads is gonna be one thing I'll be focusing and increasing my activity. Actually made a New Year's resolution on my Leo post today to post on thread every time I open it. Not just read & comment.

We'll get there!

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