RE: Open Letter to Steem Korean Community and Proxy.Token
Justin and Tron's team were spreading a message of Token Swaps and moving Steem (not just Steemit) to Tron blockchain immediately after they announced the acquisition of Steemit Inc.
I am not Korean, but I still would like to ask something.
Sorry, but I do not understand the above quoted statement. What do you mean by moving Steem to Tron blockchain? Steem is a cryptocurrency and a blockchain. He would merge (or somehow) mix/fuse Steem (as a cryptocurrency and/or as a blockchain) with/into the Tron blockchain? What would happen to the Steem blockchain without Steem as a cryptocurrency? I think it will be ruined/destroyed. I hope that this is not the case. Or if it is, then this is actually a real threat to the Steem blockchain, and I hope that the swap will not happen.
He means instead of being a coin on its own chain, STEEM would become a token on the Tron blockchain.
During that first AMA with Ned I kept wondering why Justin kept referring to it as a token, not a coin. This has always been his intention.
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That's the thing nobody knows what Justin had in mind. He was pushing that messaging after purchase, without explaining what that means and he was planning to do. As soon as he saw opposition to that idea, he kinda stopped talking about it. Some of those tweets are deleted now but preserved in some articles published at that time. He still has not clarified what he meant.
There is no clear answer on this so some parties have assumed the worst case scenario and others are open-minded. The only statements I have seen about converting STEEM to Tron is in context of Steemit and other dapps, which owner's have full rights to make their dapps work with any network. Statements have been made about Tron side-chain coins, presumably that would be linked to STEEM somehow to fulfill their purpose for these dapps.