Unfortunately we’re on block 18,500,000; not 18,500. With 3 second block times the snapshot was of Steem about 15 hours after the chain launched and is rewarding only founders.
I was disappointed by this, as well as the fact that Vice is starting its own chain and not an SMT.
To be fair, I do harbor the hope that it is a typo in the Vice white paper. 18,500,000 does correspond in time very well to the beginnings of their token launch - which may be no coincidence.
(Sorry if I’m replying a bit oddly, I’ll admit I did jump in here for visibility of the info!😬)
I thought typo the entire time. Has Ned or any of the other founders commented on this at all?
I’ve never seen any official mention or commentary. I’m hoping typo, but it does make sense if it is meant to target Steem founders. We’ll see!
Yes I could see it making sense either way. Though, it would be a major bummer if that is "all" steem got out of a deal that will ultimately birth a competitor...
Oh man. Talk about missing the vital stats in the excitement. It says it right there in the whitepaper too. It's not a typo on the article here. It does seem like a hard typo to make. Big difference in zeros.
Block 18500 was way back in March 2016 before the paper was written, so that makes no sense.
Those are my thoughts as well.
We can hold out a little hope! Vice lists their pre-sale as starting tomorrow, so it seems logical that the Steem snapshot could have been envisioned to take place just before that. And for those used to blockchains like bitcoin, 18 million blocks may seem crazy and account for a white paper typo!
However it is likely that when Vice changed their strategy from an SMT to their own chain, they may have scored some extra tech support and consulting from Steemit Inc. with free shares aimed right at the founders. We’ll see!