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RE: Comparing Steem with Whaleshares

in #whaleshares6 years ago (edited)

All good points here. Especially delegation is such a controversial topic, for many reasons, that go beyond the ones explained here, mentioning for example the impact it will have with future regulations. In the short term is definitely a good tool, specifically for a system where distribution isn't really perfect. I also thank you for mentioning me and @utopian-io as one of the reasons why you have been staying around. Was quite clear to me you had lots of knowledge to share and you were just getting started. Eventually, my guess, was right ;)

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The platform incorporates WhaleTokens, the original cross-chain token concept by Fuzzy that Ned and STINC criticized, attacked, flagged, and then stole to pitch as their idea in SMTs.

You do not need to delegate stake where people can do whatever they want including creating destructive mechanism like we seem here on steemit, when you can earn funding for projects or have sub-communities supported with the WhaleTokens backed by the whale account stake. Participation and interaction with the community and its users gets rewarded, not automated non-human bot service interactions.

Whaleshares is only 35 days old now and not even close to its final form yet. There is so much more in the dev pipeline rolling out on a schedule that we won't have to worry about "comparisons" to steemit soon enough. Whaleshares has a different purpose and long-term goal it is working towards.

I would love to dig more into the backstory of how fuzzy created the whaleTokens. I’d bet not many know this history.

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