You are viewing a single comment's thread from:

RE: 2 Possible scenarios of how Steem to Tron token swap can happen

in SteemLeo5 years ago (edited)

Nice analysis. I honestly don't believe in scenario 1. Why would tron want to crowd its blockchain with steem content. In addition to that transactions on tron are not free and you need a lot of frozen trx to do the required transactions. Small accounts couldn't post for free and it would simply not work because tron is too expensive.
Another point is that Justin has bought several other companies like bittorent or dlive. In the core these companies still remain the same.

It is quite possible to have a replicate steem token on both blockchains. This would allow much better access to markets. The Dec Splinterland token can already be bought and sold on both blockchains.

I'm quite positive about steem and tron and I think this will give an interesting dynamic once the panic is gone...

Sort:  

It is quite possible to have a replicate steem token on both blockchains. This would allow much better access to markets.

Really? Of what value would one be over anoother?

Posted via Steemleo

Let's take the DEC token from Splinterlands. You can exchange it into steem on steem-engine or you can exchange it on trontrade for tron. Both tokens can buy services on splinterlands. In a way the market defines their prices and people will find ways to make arbitrage which will peg the tokens one towards the other. For steem it would be the same.

The fact that you could trade steem on tron for all the TRX based tokens and on steem for all the steem based tokens will greatly increase the reach of the currency and therefore increase its market penetration.

Thank you for this detailed response. I appreciate.

Posted via Steemleo

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.030
BTC 59541.21
ETH 2543.02
USDT 1.00
SBD 2.53