Hmmmm, I don't know. I want to believe but I feel like this system makes many rosy promises that seem too good to be true. Like the claim that this system can pay a living wage to retirees. Even Steemit doesn't make this claim.
And there is always the question "Where does the money come from?" Money or value just doesn't spring out of nowhere. Sure, investors might pump money into this system, but they do so hoping to make a return on their investment. So the system has to generate enough value to pay off investors, pay posters on the forum, pay for various projects, pay these retirees a living wage? Can I have a pony too?
So many feel-good promises but is there any meat?
Apparently the blockchain will use (uses?) hyperledger fabric which I understand very little.
Hi @neoxian - it was really good to see you pop into chat. I hope William was able to answer your questions?
Hmmmm, I don't know. I want to believe but I feel like this system makes many rosy promises that seem too good to be true. Like the claim that this system can pay a living wage to retirees. Even Steemit doesn't make this claim.
And there is always the question "Where does the money come from?" Money or value just doesn't spring out of nowhere. Sure, investors might pump money into this system, but they do so hoping to make a return on their investment. So the system has to generate enough value to pay off investors, pay posters on the forum, pay for various projects, pay these retirees a living wage? Can I have a pony too?
So many feel-good promises but is there any meat?
Apparently the blockchain will use (uses?) hyperledger fabric which I understand very little.
Right now it is under a central database while in Beta, but will be a decentralized exchange on the Viva Network when we launch.
Is May 1 Launch?
Yes May 1st is liftoff! :-D