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RE: Is the Steem social contract being abused? Steem funds are to be used to sponsor unrelated projects.

in #steem • 8 years ago

I'm going to respectively disagree and say that Steem is based on BitShares. Saying it's based on Graphene is a bit of a sleight-of-hand, IMO. Graphene was developed expressly to be the 2nd version of BitShares, as I'm sure you're aware. I was there for all the verbal gymnastics involved (heck, take a look at the network code that my team wrote, it's line-for-line the same as the code in BitShares).

8 years ago in #steem by
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     8 years ago (edited) 

    I agree that the relationship between BitShares and Steem is a quite special.

    They not only share the same codebase (which was funded mainly by BitShares shareholders) but also Steem is in large part the result of painful lessons learned by BitShares.

    What's interesting is that the flow seems to be reversing: now it's BitShares that is about to take lessons from Steem.

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