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RE: EOS vs. Steem - Who Wins The War for Mass Adoption??

in #steem • 7 years ago

I do like Steem but its is all just flavours of the same dapp - post, curate and reward in steem.

EOS allows any type of dapp to be built. How will you build an exchange using Steem, how can you do smart contracts, how do you create your own viable token linked to your dapp, how would you build an Uber style service. If you look at any list of potential applications for blockchain, Steem is only a good match for a few.

7 years ago in #steem by
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     7 years ago 

    Actually the Steem blockchain is very flexible. See this excerpt from one post of @dantheman:

    What if it were possible to build custom applications on top of Steem? If you think Steem is only here to serve the niche of social media, then I consider this you wakeup call. The Steem blockchain is already capable of supporting every kind of blockchain application you can conceive. Best of all, you don’t need anyone’s permission to start building your app today!

    Think of your favorite blockchain application. Is it Auger with is prediction markets? Is it The DAO? Is it general purpose smart contracts? Is it Dash with its privacy features? Is it decentralized voting or DNS? All of these things are possible on Steem today and you don’t need Steemit’s permission to do it.

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     7 years ago (edited)

    Thanks - this is very interesting - It mentions subchains and even the idea of running an Ethereum VM as a steem subchain. Has anyone actually looked into running a subchain? Is there any information around for potential developers? Some links would be good - I would like to see if I could use this approach, after all Steem is here now.

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     7 years ago 
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     7 years ago 

    pocketsend:1000@onthewayout, I do follow @biophil and have been watching pocket but saw it as a novelty rather than something that may point the way to future possibilities. I will take a deeper look - thanks for the pointers, they are really appreciated.

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     7 years ago 

    Successful Send of 1000
    Sending Account: turmericrob
    Receiving Account: onthewayout
    New sending account balance: 999000
    New receiving account balance: 999
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    Steem trxid: 067e65208880eaaf3200ac33435531d843d8f51b
    Thanks for using POCKET! I am a confirmer bot for fun, view my source confirmer code here. Don't know what a POCKET Token is? Here is a link to the official announcement post.

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     7 years ago 

    Check the documentation for "custom_json" ;) you can store anything you want.. In fact the "follow" feature is already implemented not as a native feature but as a custom json tx ;) check here I encoded the Bitcoin Price back a few months ago in a custom json block just to prove the point (I just made a new one since I don't feel like digging back through all the blocks to find which it is in). You can see the custom_json containing today's bitcoin price in a custom_json tx encoded on blockchain!
    Screenshot_2018-01-28_15-55-54.png
    https://steemd.com/tx/3a4bc6b8b74db88ae269dfaa5938c5b192143f29

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