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RE: Table Top Game Reviews: Mastermind
You're forgetting the incentive to avoid a copy of the blockchain popping up and pulling all disatisfied users to a new platform, collapsing the price of STEEM.
You're forgetting the incentive to avoid a copy of the blockchain popping up and pulling all disatisfied users to a new platform, collapsing the price of STEEM.
No, I'm not, it's just that I understand blockchains well enough and am familiar with them well enough to know they aren't a real concern.
There's no lasting value in doing that and any clone will have serious competitive disadvantages in network effect terms that make it pointless -- just like Expanse or ETC compared to Ethereum, or ZClassic compared to Zcash, none of which matter in general (except as pump schemes by a few sketchy insiders who created the clones.
It's a fool's errand and easier said then done. Golos, a professional group of Russians, made a clone of Steemit and it's alive but barely valuable. And they were competent guys.