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RE: Tron and Steemit Join Forces

firstamendment in #steemit • 5 years ago

The token swap spells is a hint of the death of the steem chain. A bigger blow to the steem community could be the air drop as well as the minting process. We don't even know how many new Steem tokens will be in circulation, and of the new tokens how much the Steem community will own as a percent vs what is gifted to the tron holders who will probably dump them.

As far as witnesses, every 3 seconds or whatever Justin Sun can replace one top witness after another when he is ready. If you want to save Steem, vote to destroy his ninja mined coins or freeze them and remove his voting rights if at all possible. If it important to act quickly and before takes control of the top witness nodes.

Justin Sun doesn't appear to be a fan of decentralized chains. His cofounder quit tron over the issue of not being decentralized. https://cointelegraph.com/news/tron-co-founder-and-cto-leaves-project-alleging-excessive-centralization .

As far as Justin Sun and Marketing. This is how he markets his own coin (language is NSFW).

Seems quite a few Chinese projects let a single person own a bulk of the coins and distributes a smaller percentage for the rest of the market to fight over, including ribble*...I mean ripple. While Justin Sun peddles his crap coins, he is able to devour valid decentralized systems and other emerging technology literally for what he admits is crypto crap. Steem Coin used to be pretty popular in China, I wonder how much power China will have to delete content when the top witnesses are owned by Sun.

-winnie the pooh aka the Chinese President, owned by Disney or vice versa depending on context.

Apparently the Chinese Tron HQ is named Ribble.

5 years ago in #steemit by firstamendment

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joeyarnoldvn 5 years ago

Are there other good posts out there talking about the potential dangers of Tron, assuming there are some? I should write some articles about these things. I want Tron to prove me wrong and show me that they're not trying to obtain too much power over the Steem blockchain and everything. I don't want to say Tron is doing that but I cannot currently say they aren't. So, I will try to keep my eyes open to everything that is happening.

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firstamendment 5 years ago

Some of the arguments I have heard on msp waves. The names of whom, many I do not recall. Aggroed would be a good voice of reason to listen to since he not only is a top 20 witness, but he is also behind very popular dapps on Steem. Pay attention to what other top 20 witnesses are saying too.

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joeyarnoldvn 5 years ago

Are the top 20 Steem witnesses Pro-Tron, completely, partly, to an extent? Are they fighting this Steemit Inc Tron merger thing?

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firstamendment 5 years ago

A few things I forgot to mention in my original post about the minting process, is we also don't know how many new steem Sun will claim for himself/any foundation/strategic partners. The mintage and ultimately the distribution is of the great concern .

here is an article from coin telegraph
https://cointelegraph.com/news/tron-community-in-uproar-as-genesis-coins-used-in-super-reps-vote

I found it on this steemituser's post (link included)
https://www.palnet.io/tron/@anthonyadavisii/that-s-not-a-good-look-justin-word-2-my-naysayer-s

I don't really pay much attn to who the top 20 witnesses are. I think I can name maybe 6, some of whom are posting/reading here or at least mentioned here. Here are a few of them and what they either post or resteem about steem-tron. In some cases i'll just name them as posting/resteeming quite a bit, but otherwise there is still a chance I accidently missed a witness or post.

here is a posy by markymark prior to the AMA
https://steemit.com/hive-111111/@themarkymark/my-opinions-on-the-tron-news . He also resteemed the real wolf (top 20 witness) https://steemit.com/hive-111111/@therealwolf/govern-and-protect-steem-vote-for-witnesses-now

someguy123 resteemed https://steemit.com/steemit/@jackmiller/you-can-buy-a-company-but-you-can-t-buy-the-people and aggroed's (top 20 witness) https://steemit.com/steem/@aggroed/justin-says-steemit-is-migrating-to-tron-time-to-panic-or-things-will-be-ok-for-now

Drakos merely resteemed justinsun's first post to steem.

therealwolf posted a thread that as mentioned marky resteemed. the wolf also resteemed an interview with andrarchy (steemit developer) (https://steemit.com/hive-100421/@blockbrothers/jevdpbnn).

aggroed has posted quite a bit for/against. Ausbitbank, lukestokes, and good-karma have resteemed quite a few articles on the topic.

thecryptodrive posted https://steemit.com/steem/@thecryptodrive/a-witness-prayer-for-steem-and-tron prior to the AMA

clayop resteemed pharesim's (Whale?) post https://steemit.com/openletter/@pharesim/open-letter-to-justin-sun , some steemitdev posts on the topic, and one or more post in korean

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joeyarnoldvn 5 years ago

Bitcoin Steem Similarities?

I don't know if I asked you, but does Steem allow for anybody who runs Steem on their computers, servers, etc, to be a witness, technically speaking, similar to how anybody who is mining Bitcoin is technically a miner?

Witnesses vs Miners

I know Steem has the top 20 witnesses, but is the 21st witness still a witness? Are there limits to how many witnesses there can be? Does a witness have to be voted for in order to be a witness?

Peer to Peer (P2P)

I would prefer that Steem allows people to mine Steem like people mine Bitcoin or to be Steem witnesses similar to how IPFS and Bit Torrent works. I don't know if Steem allows for this already or not but that is what I would prefer, that anybody can run Steem to help decentralize Steem, to help backup the data running on Steem as the more the computers the better.

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firstamendment 5 years ago

Steem used to be mined long before I joined. There are witness "producer" rewards, but I am not sure how they function or. see for example https://steemd.com/@yabapmatt

It also appears that witnesses not in the top 20 can still get producer rewards. see https://steemd.com/@klye

I've never set up a witness node. I hear they are hungry for RAM-and ideally you need hardware that is probably better than what is in your typical budget home pc [not that I shopped in years]. But I would suppose that anyone who has the money for such a system, a good enough internet speed, and knows how to use or is able to learn how to use unix/linux could run a witness node. There are cost associated with running a witness node. Ignoring any labor costs they include: the financing of the machine; the electricity to run it or for cooling, and; maybe a higher monthly bill for internet. This may not be profitable nor possible for everyone.

People get to vote for witnesses, and the rank is based upon the sp of those votes. The old saying, "building a better mouse trap isn't enough" is true. Steem is a better platform than tron, but tron won in the marketing department. To be a top 20 witness doesn't mean going out and making a custom made system by itself, but marketing why you should be voted on as a witness....particularly to the major stake holders.

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joeyarnoldvn 5 years ago

Ubuntu:

I use Ubuntu and it is not hard. Plus, fiber optic Internet is faster than 5G. Long story short, people could do a lot more if they simply built or customized their computers.

Customizing

I can assemble tower desktops and I can say that it is possible do a lot via things like Bit Torrent, IPFS, etc. I would encourage Steem and other social network blockchains, etc, to let people seed Steem either completely or partly.

Completely or Partly

That is how Bit Torrent works. They let you decide which videos, photos, files, etc, you want to download. Plus, they let you seed, AKA upload or distribute it back to others, that is peer to peer (P2P). In other words, they should give people the option to simply share and not share however much they want.

Share The Load

That would let people with smaller computers, devices, to at least help share the load if they want to. It should not be all or nothing but customizable to the individuals.

Compensated Adequately

And each individual should be compensated and paid for seeding, for helping, for sharing. If Steem does not do this, assuming they aren't, then they'll fall behind and competitors will rise above. Steem should consider these things if they're not already.

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