Kicking it old and new

Well, this is new. And old. I like it.

This is my first post on palnet.io to see what all the fuss of the future is going to be about. Yep, this is another block-step in the Steem blockchain toward where people are going to be in the future on Steem. That is, not on Steem. Well, on Steem but not on Steem. Follow?

This is what SMTs are meant for, to leverage the Steem blockchain to build communities around application that are tokenized to reward and encourage users to use. This is where the earners of the future are going to be and not just on Palnet.io, all over the internet. These are going to spread and they are not just going to be post and vote kind of deals, they are going to be widely varied experiences that cater for all types of uses and users.

To post on here takes Resource Credits as it also writes to the Steem blockchain and this is why it is important that ther are enough RCs floating about. You might have enough for Steem, you might have enough for some on PAl, maybe even a game or two, but once you are acting across dozens of applications for many purposes, you might not have enough.

This is where the Steem Power holders come into the game and delegate Rcs through pools that can be provided by the SMT/SCOT front ends so that their users can interact with the blockchain without having to own anything at all. They can then earn tokens that could be used to later buy a Steem account or whatever else is needed. This is also why it is smart (in my opinion) to collect a bit of Steem now as it grants access and usage to applications on SMTs for RCs and, the potential to add your own RCs to the pool for delegation, which will be an earner in itself.

This is very exciting news and I am looking forward to more front ends doing this and hopefully, combining forces to integrate their use cases in together to create compelling user experiences that can piggyback each other and provide utility for users.

If the EIP changes builds a stronger case for Steem Power holders and encourages powering up, what it will do is make Steem more of an investment coin that underpins the earning coins of SMTs. More Steem Power means more RCs and adds the needed stability to the blockchain the applications require to really scale. Remember that all of the transactions from a Steem perspective are kept free because of the witnesses and this gives the applications much more flexibility in their design and distribution mechanisms of their own tokens.

Here, I am not a Steem dolphin, here I am a PAL nothing.

And this is what is exciting for all of the users who feel they missed out on collecting Steem, as the applications can wipe the slate clean and give every user a fresh start to make a name for themselves. Of course, there is likely to be some legacy through relationships left over but, if looking at PALcoin as the earner, people earn what gets rewarded and, that is up to all users here and as they grow, powerup or sellout, their experience will change accordingly.

Get to it content producers.

Taraz
[ a PAL original ]