RE: TRON/STEEM INTEGRATION - My Thoughts by @juanmolina
Hi @juanmolina
My impression so far is that this integration will serve both blockchains. It had been delivered in very smooth manners, without any technical problems. Without nodes being down for a day or two (which was often the case with previous hard forks).
Communication between STINC (@steemitblog) and communities has been also performed quite well. This gives some sort of faith in future of STEEM. I think by now most of those who believed that Justin Sun is here to ruin STEEM should come to conclusion, that they were clearly wrong.
Is it just an introductory promotion or will this be sustainable over time?
I can only imagine that coding this integration of TRX into STEEM wallet, testing it, planning etc -> it surely took loads of resources. I don't think this work would be wasted by reversing it back to the way things were.
I think Justin sees potential in STEEM as a great social network, which can do things that Steemit communities do, but on a much larger scale.
I totally agree with you. In my opinion STINC and Justin Sun are building communities around them in perfect way. They are building amazing marketing tool.
I surely wish we could stake our TRX tokens and delegate them, the way we delegate SP. Otherwise - I would expect that most people will be selling received TRX rewards, knowing that they cannot really stake them and profit on holding it (except of hoping that price of token will increase).
ps.
Check out recent post by @jacorv on similar topic:
https://steemit.com/hive-175254/@jacorv/tron-and-steemit-integration
Cheers, Piotr
They can actually do something similar to staking like freezing they trons and earn 8% apr yearly which to some people is quite good considering the fact that some people are even planning on holding their trons for the bull run future
@crypto.piotr
It makes no sense to think that after having invested resources in modifying the Steem wallet, then these updates are reverted.
I agree on this.
On the other hand, this was not a hard fork at all.
If we analyze well, this new integration has not affected the STEEM economy at all.
None of the calculations in the reward curve have been changed, there is also no direct way for these TRONs to be entered as a stake in Steem, they do not give you influence or voting power.
Steemit is simply being used as a promotional channel for Tron.
The Tron ecosystem has millions of devalued tokens. By placing a small amount in the hands of Steem users, then there is a great possibility that these tokens will be frozen in Tron, more users will know the advantages of Tron and probably acquire more Tokens and use them within the Tron ecosystem, which which would be reflected in higher Capitalization for Tron. Its prices would rise and finally break the barrier of 0.04 Usd where it has been trapped for months.