Glad I not the only one who was thinking this. It a great idea but I confused on how other than the token support its good for steem. The token and accounts are in its own chain not even a sidechain.
And while it allows for Steem and other token to be monetized using scotube, dtube itseld doesn't need steem?
I love to see another prospective of this.
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It is easier to onboard people onto the Dtube chain. Those users can then eventually make steem accounts with the steem earned.
It's also just better for users, which is never a bad thing.
How does a sidechain help steem anyway, other than make steem power needed for bandwidth.
They don't earn steem? They earn dtube coins....
You mean sell dtube for steem-hopefully... If anything they'll sell for Usd,btc or eth....
It great for users(hopefully) but it that all it good for steem?
The sidechain helps bridge steem accounts keeping one account. Allows for it to scale vs mainchian. It helps give steem more use and in the ecosystem more. And the RC thing is a big if steem is going to do the backend as a steem app platform...
Dtube has large stake (delegation), so they can convert RC into free accounts and sell for DTC (which they have said they might do).
So they become an steem account seller?
I guess that cool but that a pretty limited thing.
Delegation that were given to encourage steem users to use a decetralized video network are now used to create a steem accounts. Well I guess I can't ask for more. I assume this was a better than dlive move as it was more open?
While I don't doubt what you're saying is true, it's not obvious to me that creating OC will drive Steem involvement. I am still digesting the massive update, so expect I am simply not grasping this. Please forgive my slowness, but also note that I am probably not alone, so be patient with we tards.
There are two chains, three tokens (four if you count SBD) and a raft of great advances involved in this update. For those of us that have to take off our shoes to count past ten, time and gentle explication will likely be necessary to get us up to speed.
How is Steem required to deliver author rewards in DTC and PAL?
That was unclear to me from the post.
This was obviously not a random decision, and it seems counterintuitive to provide 0 author rewards with DTC. What is the advantage to DTC, Dtube, or creators to this rewards structure?
Thanks!
Almost none of this update makes sense to me. It seems designed to be obtuse and ineffectual. A lot of what DTube says and does contradicts itself. I don't get any sense of cohesion here, or like the project is going anywhere. 3 years later and uploads still don't work. We'll never compete with YouTube if we don't even take ourselves seriously. This is a joke.
Well, I can relate to not understanding the implications of many of the particulars of this update. However, it is clear to me that a great deal of thought has gone into it, and lots of work too. I try to always be aware that plenty of folks are smarter than me, and expect to fail to easily understand things smart people do.
That's why I ask dumb questions.
Dammit! I replied to me instead of you. Sorry.