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RE: SECURITY TOKENS: EVOLUTION FROM ICOS

in #sto6 years ago

A prevalent protocol will be Distributed Proof of Stake, but this time investors will get added benefits such as rights to liquidation should the project fail.

DPOS is a very exciting innovation in blockchain technology, in my opinion. It has allowed the steem blockchain to become one of the fastest and cheapest crypto transfer networks out there.

Is it a good investment in my opinion? Only if you are interested in the direction of the project. My investment in steem is seen more like stocks than my holdings in Proof of Work coins. That is because of my take on the, virtually, unlimited production of steem and the potential corruption of DPoS coins from the perspective of their present governance schemes. The extreme governance of EOS (allowing freezing of transactions and worse) would have me waking in sweats if holding any.

My vision for steem is for it to be an open source alternative to the Lightning Network. That is, to use the steem blockchain for PoW transfers. We are supporting such merging of the DPoS and PoW communities with our @devcoin project on the steem blockchain.

We see those who consider steem only as an investment, or as a means to make some easy fiat, coming and going in the tides of bear and bull markets. Good riddance to them. In my opinion we need believers in the project not lambo dreaming investors or reward whores. We are blessed with a loyal and talented user base of believers here on the steem blockchain, which should move the project ahead better than any investor or reward whore could ever do.

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Wow. Seriously this is one piece of a great comment @novacadian

Im personally very interested with STO and future of blockchain and comments like yours are surely helping a log.

ps. Im glad to see that you're still around :)

Cheers
Piotr

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