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RE: Weiss Ranking System: How STEEM Got Such A High Mark: Do Not Touch Bitshares???

in #steem7 years ago

Well, it's really amazing that their top picks are the same as ours, which just goes to show you that you don't need to be a rocket scientist to be able to sort out the good from the bad . . . once you've hit on the correct criteria to base your judgements on anyway.

I do think they are being a bit short sighted about BTS though. After all, what's the fact that others have based their core code on you have to do with whether you're viable on your own as is? The same logic would theoretically apply to STEEM - perhaps even more so considering @dan's attitude towards STEEM, and @ned in particular. They're new to the game and doing a pretty good job, IMO, and I think they'll "come round" on BitShares, in time.

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The @dan and @ned situation doesnt figure into the ranks for STEEM....

Nor does the @stan ideas figure into BTS.

The fact that @stan is already finding engineering people to work a three chain system with a middle chain linking the institutions and the present BTS with EOS being in the middle means that BTS isnt going by the wayside.

@stan's idea is to growth both BTS and EOS by joining some things.....he is silent on anything in the future about STEEM although he isnt in the circle there, so that isnt much of a surprise.

I will keep hunting information and writing summaries as they come about to try and keep you in the loop when time is short.

It doesn't directly figure in their analysis, but if we're talking about "replacing" one thing for another, the comments by @dan that EOS will replace STEEM would seem to be more damaging to STEEM than anyone else, something that Weiss seems to be overlooking. Meanwhile, there is a complete absence of that kind of thing BTS vis-à-vis EOS, in fact it's just the opposite as there seems to be strong synergies between the two. Could it be that Weiss somehow thinks a "merger" of the two could somehow mean that BTS shareholders would be left out in the rain? Not a very reasonable assessment if so.

Thanks @taskmaster4450 and @cryptographic!
I faced many opinions regarding synergy of EOS and BTS, but does anyone has any idea how this could be implemented on a tech level? I would be thankful for any good link to read more on the point.
And it is nice to see the conversation between 2 my favourite steemit authors here! :)

I don't know much about the technical details, but what I've heard is a wholesale substitution or incorporation of BTS into the EOS blockchain, but either would undoubtedly come with at least a 1:1 exchange. EOS is still in "testing" - I would say development - so things are still very speculative. The idea is that if EOS is better, then why not switch? Or better yet, why not just take over EOS and continue calling yourself BitShares? FAQ 21 explains how that is a possibility. https://www.eos.io/faq.html

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