RE: 😨 Are You Scared Of UPVU Yet?
I'm not sure, but my understanding is that someone generally has to pay something to get a new listing.
I think so - I think a fee needs to be agreed but the cryptocurrency also needs to be one that the exchange trusts. So just being listed in Binance is a good indication of their trust in STEEM.
In my short time trying to understand what's happened to Steemit, I remember reading that open letter as well as many of the comments that it received. Even I came to the conclusion that Justin Sun was capable of saying the complete opposite within an hour of saying something. I'd love to think that we'll see a lot of things progress and change but I still see very little to suggest that's the case. I did see some promising news that the steem.dao might be used to convert SBD to STEEM which will subsequently get burned in order to stabilise SBD to nearer the dollar mark and reduce the circulating STEEM. Whether or not this will happen, we'll have to wait and see 🙂
I'm wondering if that exchange listing is related to this and this, in which case STEEM might be used for collateralization, as described here:
Pure speculation, but the timing is right.
My Google translate doesn't recognise what language that's written in. Can you help?
Not sure. It comes up in English by default in my browser. There's a menu at the top-right to switch between English and (I presume) Chinese. That menu might say, "ZH" if its defaulting to a different language for you. If so, you can click on that to change the language.
The second link is just the English language whitepaper that's linked from the first.
But yes - this all makes a lot of sense. It'd be great if TRON started leveraging STEEM a bit more in order to benefit both currencies.
I saw that too, and I think it's better than the status quo, but I'd really rather see the DAO used to fund development. That would also create selling pressure to drive down the price of SBDs, but it would have a growth focus instead of cannibalizing the ecosystem.
Between the DAO and the "undisputed STEEM", someone really ought to be able to fund a great deal of high quality development for the ecosystem. If they're going to uncork the SPS, I'd love to see Steemit and/or the witnesses put out an "RFP" to real software houses and see what comes in.
Me too. A new interface would cost less than $100k, even from an expensive Digital Agency. That kind of sum wouldn't even make a dent in the DAO 🤔