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RE: Leo: The Power of Recommend Engines

in LeoFinance6 months ago

This topic, in my opinion, is one of the missing aspects of Hive and a reason why it doesn't attract more people from the outside or encourage newcomers to stay longer.

People prefer platforms that automatically feed them content tailored to their interests, rather than having to search for content they like. On Hive, the latter is typically the case.

Hive is essentially a vast database of transactions, links, blog posts, and more. However, unlike social networks like Meta and X, it is not designed with graph network algorithms that continuously work to connect users to other users and content. Hive operates more as a meritocratic system that expects users to compete for rewards "organically," with its recommendation system relying heavily on manual curation. Additionally, monetization is limited to the first seven days after content is posted.

Solving this problem is quite a challenge and is currently being addressed by frontend dApps like Leo.

"As more content gets in front of people, it can stimulate activity."

I agree, but I would also suggest that "as more curated content based on users' activity, likes, and engagements is presented, more users may stay and contribute to increased activity."

However, this approach could also introduce new challenges, such as concerns over privacy.

Beyond that, if there could be a single or decentralized graph network algorithm that continuously evolves to connect everyone and everything on Hive, I think it would have a significant impact.

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the privacy question is actually solved in a massively important way

On web2, they use your data and are sneaky about it.

On web3, everything we use is from the blockchain directly. We don’t collect device data which is what web2 is doing in the background

That is a key difference

However, this approach could also introduce new challenges, such as concerns over privacy.

How could there be concerns over privacy? Everything people are doing is being fed into a public database.

Well, you're not wrong about that. However, concerns over privacy can vary depending on how a recommendation algorithm uses our personal data. It’s a double-edged sword.

When it comes to content recommendations that enhance users' experience on the platform, I think we can both agree that it’s generally acceptable.

But what if that data starts being used for other purposes, like selling it to brands, politicians, or others? Wouldn't that raise concerns about privacy and the use of personal data?

On the other hand, why do most people on this platform hide their identities? For example, I wear a mask in my profile picture, and you use a cat. Can we agree that it's because we don't entirely feel safe sharing our data here?

So, in my opinion, it depends on how the data is being used—or whether one can simply opt in or out of the algorithm.

Yes people can remain as anonymous as they want on here. That is a personal choice.

Again, when you mention the data, what personal data are you referring to? You mention politicians buying the data? Why would they do that? It is on chain. Anyone can scrape it.

If it is on chain, it is public. How personal people get with what they reveal, well that is up to the individual.

I myself is interested to work in solving this problem. If Id have a time, maybe, I'll try to dig into the database and implement some opensourced graph algorithm out there. Let's see 😄

You can push a privacy layer over the top certainly. That is something some have talked about. It could enhance the ability for people to mask what they are doing since right now it is wide open. Everything on chain is open to being scraped and parsed.