RE: JSECoin Launched Merchant Tools, Including WooCommerce Support

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RE: JSECoin Launched Merchant Tools, Including WooCommerce Support

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glenalbrethsen (68)in #crypto • 7 years ago

Okay. So the blockchain is javascript based, so are the tokens, and you can either provide products or services in exchange for the token, and visitors can also help you mine the tokens.

Interesting. Sounds like they're ahead of STEEM in some ways. At least as far as woo ecommerce is concerned and other business possibilities.

Isn't that what SMTs are supposed to provide for STEEM, or am I getting all of this confused again. :)

7 years ago in #crypto by glenalbrethsen (68)

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dragosroua (74) 7 years ago

I think JSECoin and STEEM are vey different, both in philosophy and in implementation. I may even write an article about that, if you are interested, but to keep it short, here are a few differences:

JSECoin is a PoW token, STEEM is a DPoS token
You can obtain STEEM by direct interaction, if you are upvoted by the members of the network, you can obtain JSECoin if other people are visiting your website and keep their browser opened (they don't need to be "members" of the network)
JSECoin doesn't have any governance in place, STEEM has basic governance by witnesses

$0.03

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glenalbrethsen (68) 7 years ago

Okay. The two sound very different then, and not even close to what I was thinking. :)

Thanks for pointing those out. Feel free to write a post if you think it's worthwhile. Otherwise, no worries. :)

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