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RE: What if... Spork - Steem without SteemIt, Inc

in #busy6 years ago

Very interesting thought exercise this @whatsup :D

I've been using the Weedcash Network (as krunkypuram) and have a few thoughts/observations:

  • seems like there will need to be (a lot) more development of the SCOT layer before this becomes feasible. Currently there is a lag as a result of this extra layer (eg it takes a number of seconds for the vote to register)
  • Steem Engine as a wallet for managing the 'alternative' Steem token in this scenario will also probably need to be able to handle greater volumes and quicker transaction times than at present
  • Actually, anyone posting to the 'alternative' SCOTsteem (or whatever you wanna call it lol) would automatically also be posting to the 'original' Steem blockchain and would thus potentially be receiving payouts in both 'old' and 'new' Steem (chuckle)
  • it's a brand-new space which is still being figured out (technically, use-cases etc). I think communities will in any case offer - by default - a partial move in the direction that this post is pointing
  • SMT? What SMT? Show Me This - this will be another potential space and it is to be seen how SCOT and SMT cooperate or conflict or compete or just expand everyone's options
  • maybe the Steem blockchain will turn into a mainly autovote zone with folk posting in the various communities
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Great feedback