STEEM DApps - The Real Added Value Here. Turing Complete?

in #steem7 years ago

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I feel Steem is maybe the most misunderstood crypto out there. It being viewed as a "get paid to create content blogging site", but it's so much more. Blogging might be one of the least important aspects of Steem with all of it's many uses and as people learn more about the problems Steem as a currency can solve on a day to day basis (feeless transactions made in real time) @orionschariot

STEEM BIG Time 7 Year growth Potential, It's Massively HUGE

Decentralized Autonomous Organizations (DAO's)

  • This is the basis for effectively structuring the best development and deployment of new DApps on the STEEM Blockchain

  • There is a Token for every DApp. The issuance....the effectiveness and efficiency in organizing the functionality and the utility of the Token and DApp is the result of the efficiency and effectiveness of the DAO.

  • For the DAO top be optimum in efficiency and effectiveness requires a strong Governance Model. Options...flexibility...variability are important....as the optimum "governance model Software" is able to accommodate various visions and inventions as How DApps can best be utilized.

Decentralized Appplications (DApp's or DApps)

  • To streamline the efficiency and effectiveness of new DApps to the STEEM Blockchain...a primary DApp is needed as a Utility Software to facilitate optimum Organization efficiency and effectiveness.

  • Circumventing the bureaucratic bullshit of creating a traditional legal framework in a limited jurisdiction nation body politic.

  • This streamlines the Investment Building....this initial DApp as a point of Governance...is like a Train Engine to support Tokenization STEEM'N in growth potential valuations as very Solid Investment Vehicles that expand and solidify the overall Network Effect of the Ecosystem....which is Essentially a Turing Complete Virtual Machine

  • The Initial DApp as a Governance model is like a "court system of Accounting" making the process of additional DApp development more efficient and effective. This is a mutual benefit model. "Complimentary Economics" where the system in epansive in nature by building on and expanding on the existing usefulness to expand the overall value and quality of the networking systems here.

To Be Continued with Questions and Reflections

  • Tokens? are the necessary to effectively expand the Steem Blockchain Network of DApps

  • Social Networing isn't the real thing here - it's a tokenized World Economy backed by STEEM Dollars and Secured with Steem Power...it's the Versatility in the Design of the High Performance STEEM cryptocurrency and Blockchain.

  • STEEM - Sound Cryptocurrency Economics - Turing Complete

  • Governance - Matters of Automating Efficiency and Effectiveness

Steem On,
This is Playground Planet Earth
We Got this 1 Life to Give Our Best

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Great article bro and thanks for the shout out. Decentralized Apps that have already came out and the new ones in the future are truly building an entire platform where anything you want can be accessed from the Steem block chain. Communities I feel will add tremendous value once Steemit goes mainstream. The possibilities are truly endless to the day to day problems the Steem block chain can solve the world over.

awesomneness all round

The Potential is Huge but it is not widely spread in a great way

yes - there are definitely some questions of optimum efficiency and effectiveness when it comes to distribution....it's a process...like everything new...it takes time

its in initial stage hope it gain its momentum in a bullet speed

Momentum in a bullet speed - Yes.

and you are right,

It's in its initial stages!

There are many DApps which can run on the Steem blockchain like @tipu and @minnowbooster acting like banks, giving interest and delegating power.

We will need to start thinking about more exotic services that will make the Steem blockchain more attractive.

Cheers!

100%

community living projects come to mind...like a restrucutring of microeconomics....a facility..place...town...running like a dao

I never knew this aspect of steem so thanks for enlightening us!

glad to share!

Awesome article! I would love to know more and make a short interview about the potential of Dapps as a way to create value and build a business, would you be up for it?