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RE: If you are still creating Steem Exclusive content, please use the tag

in #steem5 years ago (edited)

It has long been my contention that STEEM's biggest value is as a utility token on one of the fastest transaction fee free blockchains out there. Introducing atomic swaps could expand STEEM 's natural scalability by many factors from my fairly rudimentary understanding of their workings

If STEEM could be made uncloggable by off chain transactions for things like steem monster swaps, for example, then this feature might bring greater value to the token because of potential demand by those that have need for a fast and (for now at least) transaction free cryptographic network.

My approach may be to HODL my STEEM for now.

It was incredibly disappointing to see a chain fork that resulted in virtualy mirror copies of the code. If we consider the reassignment of STINC's Ninja Stake into the SPS budget as administrative changes the only difference, by my understanding, between the HIVE and STEEM code is the 30 day cool off period to await SP involvement in witness voting.

The motivations for the fork seemed more head bunting than visionary. Territory marking at best.

The HIVE Devs have set themselves up with a lot of water to carry for the fork to be code worthy and once Mr. Sun's people get familiar with the code all kinds of different things may start to happen.

Check out the STEEM->Sell link. 😎

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