RE: Paint a picture for a bounty!

Whatever they create. They are building a STEEM 2 which will be different, and leave STEEM 1 with a niche of our own and a network effect of about 2 years head start. Our best hope is that our devs can integrate SMT into STEEM before STEEM 2 launches, therefore, our market differentiation will be extremely visible. Also if our devs can delivery the scalability improvements that they have in mind, then we will not suffer too much when STEEM 2 comes out, because zero fee SMT will be unique among all crypto for at least a little while longer, which should give Steemjet an opportunity to promote global steem distribution to gain a network effect boost due not only to general recognition and adoption, but also due to legacy system integration as well. Cross your fingers and hope for SMT to launch soon. Crypto is a war, and war is personal for everyone. I love bitcoin but hate sending fees (taxes)(penalties just for wanting to use the system). STEEM does not penalize you for using it and therefore will not go gently into that goodnight that EOS has admitted that they want to put us into.

My goal is for the Steemjet Space Force to earn enough STEEM to send us all to the annual STEEM Festival one day!

But to reach that goal may take years of hard work and sweat.

I admit, that I am very old, but I am healthy and strong and have chosen to go down (or up) with the Steem ship (or in our case, the Steem JET!).

Because even though STEEM 2 might be bigger than STEEM 1, I don't think that you can kill a community as powerful as STEEM, so I still think that we have a lot of growing up to do in terms of global market share.

$1.51

2 votes

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chukwunalu (56) 7 years ago

because zero fee SMT will be unique among all crypto for at least a little while longer, which should give Steemjet an opportunity to promote global steem distribution to gain a network effect boost due not only to general recognition and adoption

The zero transaction fee would still give steem1 a cutting edge

$0.69

1 vote

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tudors (62) 7 years ago

Ok, I'm taking this in in bits.
EOS launches as an open software on the June 1, and 'might' pose a threat to steem. Our ability to compete favourably will depend on if our devs are able to integrate the SMTs before then and our ability to build a formidable community.
What's your opinion? Do you suggest we get some EOS?
Or we just stick up the steem?

Me? I don't think Steem can be killed off, free transactions might mean everything for the technologists but there's a whole other breed of people, Steem is a capital venture for them, with the SMTs this could be even bigger.
I believe the devs know what is at stake and know what to do.

Whatever happens, we stand with SteemJet.
For now we continue like nothing is changing, we just work harder and faster.

$0.00