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RE: Steemit Vs Lit App

in #steemit6 years ago

The Mithril Token is based on Ethereum. The problem with Ethereum's design concept is that it is totally broken in terms of scaling.

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OK, so is that an advantage for Lit or a disadvantage?

It's a disadvantage for lit as network issues with the Ethereum blockchain can have adverse effect on lits ecosystem

Posted using Partiko Android

No payment for upvote ( heart ♥) or withdrawal of mith from vault mithril got that covered

Posted using Partiko Android

Moreover, what about the gas you need to pay for every action you take on Ethereum? Do you pay for upvoting in this Lit network?

Its free.... you can vote/like how much you want.... no power effected

Dont worry, Mithril will have their own blockchain on 2019... read their roadmap on whitepaper. Most Social media player use Lit than steemit, because steemit user control their vote to reward content Creator, especially the whales from steemit only vote their friends only

Will take a look at it, thanks for the tip:)

Posted using Partiko Android

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