STEEMIT EXCLUSIVE: recent integration between STEEM and TRON blockchainsteemCreated with Sketch.

in Project HOPE4 years ago

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STEEM AND TRX INTEGRATION

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I'm assuming that most of our members are already aware about the recent integration between STEEM and TRON. If you didn't hear about it, then please continue reading. Otherwise -> just jump to the part about "IMPORTANT DETAIL TO REMEMBER".

Only two days ago, @steemitblog made a huge announcement about integrating TRON and STEEEM blockchain and if you haven't read it yet, check this out click here.

HOW DO YOU FEEL ABOUT IT?

I wanted to share a post about it right away, however, I decided that it may be best for this news to settle down. To let the initial excitement die down a little bit. And only then ask you all, dear PH members, about your view on that particular partnership?

I spoke with few of our PH community members already, and it seem that everyone is very optimistic about this partnership moving forward.

I remember that when Justin Sun "purchased" STEEM blockchain, initially many users on Steemit were afraid that it was going to be an end game for all of us. So many people shared their worries and concerns, expecting that this integration will take place sometime in the future -> and many of those people forsaw only dark scenarios.

I'm glad to learn that this current big event will actually bring even more value to communities build on Steem. A great step forward.

IMPORTANT DETAIL TO REMEMBER

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There is one detail, which is crutial to remember. A detail which will be important for all authors:

TRX rewards will be distributed in direct proportion to the amount of Steem Power earned, at the ratio of 1 TRX : 1 SP.
For every 1 SP earned, 1 TRX will also be awarded.
No TRX will be given for STEEM or SBD earned.

I must admit, that I like this idea to reward authors following "100% power up" policy with some extra TRX tokens. It seems that from now on it will be much more beneficial for all authors to set up a 100% power up and simply trigger power down whenever necessary (which takes only 4 weeks to fully complete).

Check price of SBD before you decide to post

It's worth to mention, that sometimes the price of SBD is way above 1usd. Recently, it reached 5$ and right now it's holding up above 3$. In that situation, it would be more profitable for authors to set up a 50/50 reward split.
It's worth to notice that one small exception.

TRON and Steemit Integration Celebration CHALLENGE

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Currently @steemitblog posted another amazing challenge which I fully recommend to visit and resteem. Let's help them get some extra traffic and exposure.

Those Project.hope members who would decide to join this challenge are kindly requested to remember to set up small beneficiary to ph-fund :)

PLEASE RESTEEM

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I would naturally appreciate every single resteem, which would help me reach out with this post to all our PH community members.

Yours, @crypto.piotr
@project.hope founder

cc: (our PH community members):
@ritxi
@blockchainfo
@achim03
@lanzjoseg
@fucho80
@neavvy
@juanmolina
@jadams2k18
@machnbirdsparo
@honarparvar
@guruvaj
@alokkumar121
@devann
@edgarare1
@flash07
@djennyfloro
@culgin
@spirajn
@gandhibaba
@forykw
@reverseacid
@focusnow
@tysler
@yonnathang
@pedrobrito2004
@gbenga
@thetimetravelerz
@chireerocks
@josevas217
@deathcross
@karamyog
@doifeellucky
@mintymile
@majes.tytyty
@chrisaiki
@uyobong
@hardaeborla
@reinaldoverdu
@the01crow
@ajewa
@solarwarrior
@oluwatobiloba
@phgnomo
@futurekr
@mojubare
@ojerinde
@frederickbangs
@carlos84
@eni-ola
@ben-edom
@tomlee
@cryptolohy7
@josediccus
@vlemon
@awah
@samminator
@bala41288
@bobinson
@ireti
@papa-mensa
@unbiasedwriter
@whatageek
@taimoorahmad
@janettyanez
@madushanka
@lenonmc21
@gungunkrishu
@luckyali
@franyeligonzalez
@kryptarion
@lebah
@newton666
@mikitaly
@blind-spot
@levycore
@paragism
@syedumair
@sumit71428
@akdx
@reeta0119
@alexcarlos
@peerzadazeeshan
@adityajainxds
@erarium
@olasamuel
@eloghosa
@rishabh99946
@laloretoyya
@iampz
@valchiz
@yohan2on
@oredebby
@mandate
@chimzycash
@steemflow
@benie111
@sathyasankar
@ale.aristeguieta
@bhoa
@tomoyan
@belemo
@qsyal
@tfame3865
@face2face
@mynima
@equaliser
@mtl1979
@dailyke20
@omegarojo827
@busted1
@alquimista1501
@adechina
@darthnava
@chesatochi
@leoumesh
@joelagbo
@cieliss
@dumangabrielrr
@tolustx
@michaelmaddof
@mauromar
@adeljose
@ramsesuchiha
@hassanabid
@nainaz.tengra
@wiseagent
@ritch
@crazysailor
@haidermehdi
@alvinauh
@r1s2g3
@apoloo1
@rbalzan79
@suanky
@monz122
@amestyj
@travelwritemoney
@eliorrios
@shortsegments
@alexbalan
@resiliencia
@engrsayful
@emiliomoron
@sapwood
@hendersonp
@lastminuteman
@openmindedtraveler
@burlarj
@punkblogs
@trabajosdelsiglo
@sholly1
@mccoy02
@diogosantos
@joseph1956
@nainaztengra
@tocho2
@bitbuzz
@burlarj
@team007
@introspectiva
@gamsam
@neerajkr03
@jungleonion
@cryptoknight12
@arunava
@jondoe
@diego1306
@puncakbukit
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@lucabarbera
@miguelbaez
@rokhani
@munawar1235
@towerone
@fijimermaid
@abdt
@ifgiaa
@kamranrkploy
@lupafilotaxia
@team07
@great-a
@mickvir
@ashkharoo
@madridbg
@besticofinder
@blacks
@bozz
@gifxlove
@fun2learn
@rxge
@davidke20
@sandracarrascal
@moohsin
@jehoshua-shey

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@crypto.piotr Thank you for the good work :)

This is a great news because many will found it interesting and will be willing to be part of the community.

Greetings, I think it is a very interesting integration, something that most of the users of steemit expected, we will continue to observe the evolution of this integration. Thanks for sharing information about it !

Right now a tiny amount of TRON as the redeem function is broken and can't do the first redemption. Also you need to not use a keychain extension when creating your TRON account.

 4 years ago 

do you still have any trouble with it @krischik?

it seem to be all working just fine for me

cheers, Piotr

The TRON has appeared in my wallet. Don't know about the keychain extensions.

Hi friends..!

I particularly think that all strategic alliances bring the best expectations, but I also think that the result of this initiative will be seen in a short time when the behavior of steemit users regarding the use they give to this new token is observed, Some will accumulate it like the SP but some others want to change it to a FIAT mode, and just yesterday they began to ask me what use could they give to TRX?

For this reason, I think that these two possible tendencies will play an important role in the coming months.

Personally, I like the idea of generating TRX together with the SP.

As a Tronix, I think it is a great idea to get more people curious about TRON blockchain. There are so many projects and dApps on TRON. Whether it is gambling, WINk, Betfury, Crypcade, gaming: TRONgamecentre, upcoming Nolelegends, Milk and others, Or Defi: JUST, Bankroll, Zethyr. So people who start earning TRX now they can familiarize themselves and either make the TRX worth more, or play or gamble them away.

 4 years ago 

hi @carapthian

Tron seem to have many dapps, however apparently community there is almost non-existent. That's what I've heard.

Is that true?

Hi @crypto.piotr,

No I would say this is not true. Tron has a lot of dApps and Tron has a relatively big community, but what you see (especially with Gambling dApps) that a big part of the community moves from one dApp to another. But if you look at dApps like https://www.wink.org or https://www.betfury.io these are some of the few that have established themselves with consistent volume.

Wink even has move into Binance blockchain with a platform called Blink.

From decentralized finance point of view a lot of scams have happened, which has hurt a huge part of the community. and some Defi tiredness is there wrt Defi. Though JustLend which was recently launched has already surprassed 75 M USDT worth supply in the first day of launch.

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Also Bankroll is already showing consistent volume for more than a year.

The first games launched have been relatively big dissapointments from volume but some very promising games are in the pipeline.

I am happy and sad at the same time about this. Happy that things are going great for Steem. And sad that Hive has to catch up.

Thank you for taking part in the TRON and Steemit Integration Celebration Challenge.

And thank you for setting your post to 100% Powerup.

Keep following @steemitblog for the latest updates.

The Steemit Team

 4 years ago 

You're doing great job so far @steemcurator01. Keep it up.

I will continue encouraging our PH community members to power up 100%.

Yours, Piotr

It's a great news dear @crypto.piotr. I have resteemed it.

Hi Piotr,
This is a great integration for sure I am very happy with this move.

  • I Love this additional reward of TRX token.
  • I have also setup 100% power up so that I earn more TRX and these TRX I am going to use for voting so that I also earn 8% pay on this.

Overall I am very happy with this and for sure this is going to make us earn more. Thanks for sharing this nice post. have a great weekend.
resteem done

The best good news ever I've heard since all this short time I became a Steemian. Steemit will grow more from now on. 👍😎 #venezuela #affable

I think that it’s a good news for Steemit and Trx too

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