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Does it matter?

If they'd genesys a chain i just be smaller and more handable initially for witnesses.

If they kept all the spam from steemit and forked at block X witness should start with huge machines thanks to our management...

If they are smart they just did a genesys, i run one for tests and can be run in a 286 from a blender, the difficult part is to provide the api.

But hey no witness in steem has been able to provide a proper one...

Not that there is much incentive here but well.. One might think it is our responsibility as witnesses to break the dependency on steemit incorporated.

I can see @ned and @dan singing:

STEEM If I ever...

Does it matter?

It's the difference between all of us having accounts and balances there by default or not.

It's the difference between all of us having accounts and balances there by default or not.

Not necessarily.

By default it is, which is what I said. Other work would have to be done to make it otherwise.

They actually forked the chain. It was clearly written in the White paper with a backlink to steem's gitub link. Initially they hosted it on the blockchain but later they decided to just fork it and create their own chain. It's not an SMT either!

The whitepaper seems to say the exact opposite, that they are starting with a fresh genesis block.

New Genesis Block with 349379987 pre-mined SMOKE. Smoke.Network has
its own distribution model so the chain will start fresh with a genesis block
consisting of 349,379,987 SMOKE tokens. From this point the chain will have an
inflation rate of 9.5% per year, reducing by 0.5% per annum until the rewards
drop to 5% per annum

Same old steemit unfair initial mistakes... 300 millon tokens distributed between the initial scam erm miners... So you will always be a minor stake holder

From page 21 of Smoke White paper.

Smoke.Network operates on a standalone Delegated Proof of Stake (DPoS)
blockchain based on a fork of the latest version of the open source Steem
software...


Ftr, I dunno why they are premining it. Perhaps the premined block will be given away as they stipulated.

based on a fork of the latest version of the open source Steem
software...

This means they are forking the software not forking the blockchain.

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