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RE: LET'S TALK ABOUT PALnet: I've mixed thoughts so far; what is your first impression?

in #palnet • 5 years ago

Hi @crypto.piotr,
Thank you for this nice post. I quite like palnet but I believe it is a bit complicated for most of us to understand what and how Palnet works. I try to give some explanaitions but I'm not sure to be right about it ;-):

  • Palnet works on steem blockchain and you can post from whatever platform that you wish (steempeak, steemit, ...) and it will be visible on palnet as long as you put the palnet tag.
  • Why do comments disapear? In the past on dtbube some comments were not visible because they were written on another platform. So for example if people post a comment on palnet it may not be visible on steemit or vice versa. I'm not 100% sure about this one. For example I'm writing a comment here on steemit and I don't know whether it will be visible on palnet...
  • Is it a steemit clone ?
    Palnet is actually a standardised product developed by @aggroed and his team on steem-engine called SCOT that allows you to run your own cryptocurrency on steem using a community website. So if we look at palnet, steemleo or other similar communities, they will come with a similar layout and concept.

Does palnet have a future?

I believe that Planet is a really nice and intersting project and I always keep in mind that I can use palcoin to upvote my posts through @minnowsupport. So there is a sink for which the coin can be used. Palnet has another big advantage. With other scot projects coming alive every day, planet has the advantage that it has already a big community that has staked palcoins. So if a user tries to get the maximum out of his post, he will use the tag where he has most staked coins. Since there is only space for 5 tags per posts, it might be difficult for new communities to take palnets place.

Best regards,

Achim

5 years ago in #palnet by
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    • [-]
     5 years ago 

    Dear @achim03

    Amazing comment. Seriously I appreciate.

    Why do comments disapear? In the past on dtbube some comments were not visible because they were written on another platform.

    I also figured out that disappearing comments have something to do with PALnet userbase. I'm not sure what's the advantage of this solution. Right now I'm trying to use PALnet.io to engage with people.

    However all I have learned is that once I reply to everyone, I still need to visit my own profile via any other front-end (most likely Steemit) to spot those comments I didn't have a chance to read and reply yet.

    Other people are in very similar position and my impression is, that most will stop using palnet.io sooner than later.

    So for example if people post a comment on palnet it may not be visible on steemit or vice versa. I'm not 100% sure about this one. For example I'm writing a comment g zhere on steemit and I don't know whether it will be visible on palnet...

    Don't you think that it's a real problem and put-off? I wish palnet developers would do something about it before they will lose most of their traffic on their site.

    I can use palcoin to upvote my posts through @minnowsupport. So there is a sink for which the coin can be used.

    Sink? Meaning? You send PAL tokens to upvote your posts on Steemit via minnowsupport, right? And those tokens are burned (send to null)? Is that right?

    ps.
    A bit off-topic: wouldn't you think that people selling their steem and buying all those new tokens available on steem-engine can be a main reason for current drop of steem price? (increased selling pressure)?

    Yours
    Piotr

    [-]
     5 years ago 

    Hi piotr,

    Thank you for answering my comment.

    Sink? Meaning? You send PAL tokens to upvote your posts on Steemit via minnowsupport, right? And those tokens are burned (send to null)? Is that right?

    Excactly

    A bit off-topic: wouldn't you think that people selling their steem and buying all those new tokens available on steem-engine can be a main reason for current drop of steem price? (increased selling pressure)?

    I believe that you are quite right about that. I couldn't find out yet why there is an impact on the steem/usd price but I believe that a lot of users sell their steem to buy Palcoin or all the tons of other coins.
    I also witnessed that the prices for cards on steemmonsters are increasing constantly. Meaning that there is a big demand for them. I believe that this creates an inderect selling pressure and could well be the trigger for the bigger sell off of steem.

    Best regards my friend,

    Achim

    [-]
     5 years ago 

    To view or trade BEER go to steem-engine.com.

    Hey @achim03, here is your BEER token. Enjoy it!