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It's not like Steam has zero checks before a game releases, they do have a review process. Clearly it's not perfect though :)

Reviewing Product Build
Our review of your game or software build prior to release typically takes 3-5 business days to complete, but we ask that you plan for at least five business days to ensure that we are able to review and approve in time for release and to allow for time in case an issue should arise. We'll send you any feedback if necessary, or if none is necessary, we'll mark your product as "Ready for release".

Here's a list of things we check for when reviewing your product:

Your product will need to start up properly.
This means that your product must successfully launch in all supported operating systems listed on the store page.
All supported features listed on the store page will need to be implemented in the current build.
If you intend to add a feature in the future, you'll need to remove the selected feature in the Basic Info tab until it is implemented and released.
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This means that your product cannot link to other store pages that does not offer Steam Wallet.
I've seen devs say they had Steam come back to them on their intended release with changes that clearly required them to have looked into the game proper.

As for the Abstractism,since the cryptomining is still alledged based on a youtube video I assume the more direct reason it was removed was probably this:

a game called Abstractism was caught scamming Team Fortress 2 items by passing "fake" versions of the items in questions and passing them as the real thing
Post edited July 31, 2018 by Pheace
low rated
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ChrisGamer300: because it's better then they deserve for supporting Steam and DRM
Stupid shit like this is why GOG doesn't deserve to get any bigger, all thanks for to their moronic community forum.
Actually this proves all the more that using computingpower for generating currency is flawed to begin with.
Still no GOG wishlist item for this game? What gives?
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CharlesGrey: Ladies and gentlemen, modern gaming is fucked.
Modern? There were always people who pay lots of money for something that has no actual value. Just because they can. When I stopped playing Ultima Online, I sold my Avatar for 700,- DM. Selling virtual stuff has been a market since the late 90-es.

In the real world, things become even worse. Gold plated cigars? Limited edition cell-phones (that have no special functions and only are expensive because they are expensive)? Everything will find a buyer if it's expensive enough. Or crazy enough, if you look at all the stuff that has been sold on ebay over the ages. (Souls, WiFi-cables, bags of nothing, a ghost in a jar, ...) And let's not even start with crazy kickstarters!
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Strijkbout: Actually this proves all the more that using computingpower for generating currency is flawed to begin with.
It's not really. The power of cryptocurrency is that the transaction history cannot easily be changed. It's all completely transparent. The generation is just a side effect and at least for BitCoin does not give any noticeable profit anymore (I heard). The criminals stealing computer power of others and exploiting them use other cryptocurrency systems and they only earn a few (parts of a ) cent per customers by generating currency. It only works for them because they have zero costs.

I wouldn't say that the idea is really flawed.
The developer's other game, Hentai Battle Royale was pulled from Steam before it could be released.

https://www.oneangrygamer.net/2018/08/hentai-battle-royale-removed-from-steam-due-to-cryptomining-scam/65361/
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tremere110: The developer's other game, Hentai Battle Royale was pulled from Steam before it could be released.

https://www.oneangrygamer.net/2018/08/hentai-battle-royale-removed-from-steam-due-to-cryptomining-scam/65361/
Phew! We dodged another asset flip bullet there
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ChrisGamer300: because it's better then they deserve for supporting Steam and DRM
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darthspudius: Stupid shit like this is why GOG doesn't deserve to get any bigger, all thanks for to their moronic community forum.
S E E T H I N G
It's funny how articles are still going on about cryptomining when there's been literally no proof of that. In fact, some people have decompiled the game and found nothing of the sort. Inefficient programming/coding leading to wasted resources, absolutely, and calls to Steam that shouldn't have been in the client (server code, rather than client code), but no cryptominer.

https://www.reddit.com/r/Games/comments/937e7m/abstractism_has_been_removed_from_the_steam_store/e3e40kg/

Doesn't mean the game wasn't doing shady shit. The TF2 items stuff was absolutely intended to scam. It's just funny that articles are only latching on to the crypto part of the story, even though there's no basis for it except a guy being suspicious because the client was using too many resources and had network traffic it shouldn't have.
Post edited August 02, 2018 by Pheace
It is now safer to download games from verified torrent uploaders than from steam, hahaha

Fun times Valve, fun times.
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LordEbu: It is now safer to download games from verified torrent uploaders than from steam, hahaha

Fun times Valve, fun times.
Given that GOG has been going down the same road of letting developers upload files directly with GOG Galaxy they are actually just as vulnerable to this as Steam is (assuming there had been crypto). Granted, they did say GOG was still going to check those files in the days after at least (I assume by this they mean the check that'll happen anyway for the manual release), something I'm not sure Steam does anymore after the initial game release.
Post edited August 02, 2018 by Pheace
And now we got a metal-solid proof that volvo automatized their approval process (even if Gaben used to tell the opposite to press not so much time ago). Well, it explains recent f-ups with spyware in plenty of games.
The worst thing there is that even if you trust games, you currently own, nobody will guarantee that next patch wont contain anything malicious.

Well, steam == googleplay for pc. Rip
Can someone explain me what "crypto mining" is in simple terms :)
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Engerek01: Can someone explain me what "crypto mining" is in simple terms :)
it wont be THAT simple, but I will try.

The difference between real money and bunch of papers is something behind them. Natural resources, promises (well, sort of) and so on.
Cryptocurrency is the same money, yet something that makes them worthy isnt anything from list above, but mathematical formulas (hashes). Amount of hashes is limited and, to count ("mine") them, you will need to spend some time, electricity and pc's resources. So - its pretty fair.

Cryptominer (in context) is a software, that use third party PCs to "mine" these hashes. Since cryptocurrency can be exchanged to green presidents - authors of such software get decent amount of profit. And, coz it does its work without asking PC's owner about it - its a malware
Post edited August 03, 2018 by Gekko_Dekko