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RE: STEEM Riches: Do SMTs Bless SP Holders With More Tokens? Could Your SP Mean More Than Just STEEM?

in #steem7 years ago (edited)

It appears I was incorrect about VICE SMT's. It seems silly for them to try to fork the entire network when they could do everything they described with the upcoming SMT protocol. They lose the ability to connect into the STEEM decentralized exchange, STEEM devs, and experienced Witnesses. Seems foolish in the end.

Edit:

Here is the @appics annoucment.

After rewatching the Steem Fest presentation. @mrs.steemit mentions giving 5% of @appics tokens to "steemit users". This could be SP holders or some other distribution methods. SP seems like the more logical distribution model. Like @taskmaster4450 mentions above. It's all speculation until we have further info.

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That is okay...we dont shoot the messenger for being mistaken. LOL

It is a difficult situation to figure out. At first, I thought it made sense for them to be on the Steem blockchain then I read the white paper and realized it was a fork....why?

I guess they figure they can do it better....

Maybe they can...or maybe they will look to close the fork in 6 months.

"If it ain't broke."

Once they get further along maybe VICE will see the light on SMT tokens.

Reading the Vice white paper, it seems they already do...they are using the protocol to develop tokens on their blockchain..it is identical to the SMT white paper (the vice one that is).

That said, I doubt a site like the Huffington Post would want to be on the Vice blockchain...not exactly the image they want to promote.

Something odd happened there...not sure what it is....

Oh well, we might never find out.

Great comment that inspired this article though....We are all kind of searching in the dark.

I could see a use for both. STEEM Light... and STEEM Dark. Nobody is going to use their primary account to upvote porn anyway. hehe 😁