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RE: Some random thoughts on dStors stuff.

in #steem6 years ago

One of the things I did not truly understand about the whole thing was the upset over a part Dstors being not on the steem blockchain. I thought they had and still have a good idea. Steem Blockchain is not the only one out there and with everything being visible in one form or another on the blockchain, I can understand the want and need for a part of any business to reside off-chain.

I do not want everyone in the world to know what my mailing address is, what my phone number is what my email address is. (yes I know 90% of the world can find that info on me if they want). I find nothing wrong with a business storing that information elsewhere.

Steemian are not the only ones that would be customers of dstors, it seemed to me their vision was for more coins than just steem tokens. That they wanted the ability to expand into other markets. No one builds a business with any hope of growth on just one product.

There are a lot of young people in steem and in development of blockchain technology. I would suggest to any of them building apps, or looking to build a business that they make a business plan.

An idea is a good thing, when you have it start at the beginning. Get the business plan down on paper and get it down pat in your head. At this point you are in charge. It is your idea, your plan. Your business plan will let you know where your weakness are, and what type of person to onboard if any. If you go into a partnership, know your partners. A silent behind the scenes partner is know to you, not to others. Let them know that the minute they step out of the shadows they are no longer a silent partner. Do this up front when accepting their offer to help.

Get help from a person that has run a successful business. If you have no experience a partner unwilling to show you the ropes is a thief. I hope that some of the young dev's out there do get small businesses started on the chain, but all of the business does not need to reside on the chain. Remember you want to run a successful business with potential to expand.

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I think especially with the proliferation of systems running on essentially the same code, we're going to see more projects that support multiple chains. The Beem python library supports or semi-supports at least four chains last I checked, so more and more of the things people are building will be mobile between chains. This is a good thing for the sustainability of the projects and should eventually be for the chains as well. There's no reason to pull a dLive move when you can just add chains and keep supporting the old ones.

Commerce seems like a weird place to start, though; Whaleshares are incredibly cumbersome to use as cash right now, and most of the others have the same problem. Steem is way ahead on liquidity.

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