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RE: Leeroy: a decentralized social network

in #blockchain7 years ago

haha. Ethereum's inability to cope with microtransactions is gonna be its biggest killing flaw... Steem is the only platform at present with the necessary inflation tax model that permits this. The 'minimum balances' stuff is not as important as Dan thought, it's just the fact that the infrastructure can be monetised by paying the witnesses. But even there, there was some serious flaws (because of how the schedule doesn't churn enough to encourage any real social benefit to it, as well as causing collusive behaviour, doubled with the premine).

I'll stick to steem, and when I get Calibrae out, we'll see how poorly the Steem model goes when its fatal flaws are removed ;)