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RE: The STEEM is dead, long live the STEEM!

in Project HOPE5 years ago

I agree with much of what you said here.
I believe that this post touches the truly important points of this new stage that Steemit and Steem are living.

What if Justin wants to take over Steem Blockchain?
Of course yes. That is your ultimate goal. Steemit was the first step. And it was a huge step, since Steemit is the backbone of the Steem ecosystem.

I think we should be confident. This seems to be a masterful move and it will take time to complete it in its entirety. But I'm sure it will be the best thing that could have happened to Steem in a long time.

Can Steem Blockchain operate in some layer of Tron? The answer is no.
But the Interoperability of these two blockchains can exist.
Where both chains will maintain their autonomy. Of course, Sun will maintain a hierarchical level where Tron will be up.

Finally, it seems to me that the most successful option for all users today is to increase their stake as much as possible.
Both Tron and Steem are based on DPoS consensus mechanisms. So, if you want to maintain your strength and your influence on the new "Steem-Tron" or "Tron-Steem", you will need your SP.

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 5 years ago 

Hi my friend,
I've been testing the tron blockchain a bit and I believe that you are right to point out that steem can't work on top of tron. The main reason is that the transaction costs on tron are simply to high for such a social network to function properly. Each trigger of a smartcontract costs you trx or requires frozen trx. Steem would have to be superposed as a smart contract and most users could simply not afford to pay to vote, to comment or to interact. I believe from a technical aspect, tron would be much better off if the whole social media went on working over the steem blockchain.

When I look at the companies that Justin Sun has bought like Dlive or bittorrent, he hasn't changed their business model and their core concept. I don't know why he would do differently with steemit. What I believe however is that there will be an interchangeability of tokens on both blockchains. Like you can have splinterlands DEC token on the steem blockchain and on the tron blockchain. It's possible that you will have to go through tron to buy and sell steem tokens to access the markets.

 5 years ago 

Thank you for this exclent comment, dear friend @achim03.

Particularly I have no experience with the Tron chain. From now on it will be indispensable for the steemians to familiarize ourselves with Tron.

Steem can't operate over Tron, buy is totally feasible to make a simulacrum working on Tron chain. If that is successful, there is no reason for Tron to support "classic" steem.

 5 years ago 

What do you think about the cost of Tron transactions?
Steem transactions are free.

tron transactions are also free.

Just have to stake your Tron (Tron Power) the same way you do here.

You only pay for a transaction if you don't have enough tron power to cover the bandwidth.

 5 years ago 

Valuable information, valuable comment.
Thank you very much dear friend @phgnomo.

I will definitely have to catch up with the Tron platform.

 5 years ago 

You are right about that. I made some tests and I had 5 Usd worth trx frozen for Energy. This allowed me to make 1 single free transaction. The second transaction cost me already. After one day, the energy is still not back full. Either you have hundreds of dollars worth frozen for energy or sooner or later your comments, votes and posts will cost you a lot.

actually you could just simply rent the energy within your tronlink it costs you really cheap only like 2TRX/50K energy or so , that way is better than freezing your own trx, i've been on tron for a year as a trader btw, their DEX is just awesome and it would be great to have a Tron-based STEEM inside it because i personally would rather use a DEX than a CEX.