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RE: "What is Steem?" - My Interpretation
Pardon my noob questions here :)
Taking away the social media and steemit (upvotes and rewards pools and stuffs) aspect out of Steem, how does the blockchain compare to the hundreds of others out there? What makes Steem better (or inferior) to the rest?
Are the 2 examples you gave unique to Steem blockchain or do they exists in other blockchains as well?
Using the Steemmonsters case study, imo, they can easily build it on other chain like Tron, for example. So again, why Steem?
Good question. The immutability is not an unique feature. Taking Tron as an example, it is certainly possible to develop something like Steem Monsters on it. But Steem does have a few advantages over Tron.
First, Tron uses solidity which is not a language as well known as what Steem have (JS and Python). Next, Tron is a smart contract platform and it is usually costly to store large amount of data on Turing complete platforms because they are meant to store smart contracts and not data. This is based on my understanding of Ethereum, since Tron ** ahem ** copied Ethereum whitepaper to a large extent, I guess it's the same for them. Finally, there is a "face" to every Steem user. This is something unique to Steem. On other blockchain, users are just a public address, a random string of characters. There is no "soul" as users on those blockchain typically are just making fund transfers. There are no content generated by them. By having this social aspect to Steem, it makes it a better platform to develop dApps. This is just my 2 cents.
In summary, it is certainly possible to use other blockchains as data stores. However they are usually not as fit-for-purpose as Steem. Steem is designed from ground up to take in large amount of data while others are typically not. I do see the possibility of using Turing complete platforms as the logic processing engine and Steem as the data store. Doing so will lead to better decentralization.
You gave me some points to add on to my post. Haha..
Excellent answers!
Read thru the comments on llfarms post and many people still associate Steem -> Steemit -> Social media network. I think Steem is and can be much more than just a social media blockchain. Your post is spot on!
Yes, I agree. STEEM is so much more than just Steemit. And almost NOBODY realizes this.
Yea. More people need to know the difference between Steem and Steemit
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