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RE: STEEM Riches: Do SMTs Bless SP Holders With More Tokens? Could Your SP Mean More Than Just STEEM?
Thank you for the confirmation. From reading the white paper, it appeared they were doing something like that. It read too much like the SMT white paper when explaining other tokens being created on top of it etc....
Yes I agree it is a blow. It appears that Vice is doing the same thing as STEEM. The Vice token will provide the bandwidth. I am not sure Vice will be ultra successful attracting the general sites like they discuss but there is a chance they clean up on the adult sites which are large numbers of people.
That is the risk in blockchain...everything is open source.
Still stand on your $100/ STEEM price? It doesn't seem reachable of no one uses SMTs.. or if they just copy the technology.. fork the chain.. or whatever it is they're doing
I still believe $100 is pessimistic. They are giving up on network effects just to have more greedy control. And that is the purpose, control. Im not going to direct link unless someone sqys they want me to since its nsfw, but if you go over to dlive crypt0hoe (@canditits95) has a good discussion on it.
EDIT:
Actually, no reason to weird about linking, you can make your own choice on whether you are comfortable learning about a porn coin from a naked girl:
https://www.dlive.io/#/video/canditits95/2f3601b0-e86c-11e7-a1f3-03b38c48dfd2 NSFW
Trust me I'm comfortable #grownassman
Absolutely.
Look at bitcoin and eth forks and what happened to the main blockchains...they kept going up.
Not all are able to fork a blockchain...plus people have to use the new blockchain and if they dont, what happens? Look at BTG...is anyone using that?
Few realize how difficult blockchain technology is and the barriers encountered. Being involved with manna I see what takes place with the tech people and how it is a challenge to keep these projects from falling apart. Lots of coders and programmers out there, few blockchain/cryptographic experts in comparison.
This is why a lot of the ICOs end up collapsing...the non-scam ones do not realize the challenge ahead and what it takes to successfully pull it off.
Ok.. that's why I'm asking.. I have read 100s of posts about it and still barely understand basic blockchain... you start talking about forking and I get hungry or horny... sometimes both lol