Heh. Yeah, it's a bit of a mess. Sure, it's absolutely possible. But what that would mean for Steem, I have no idea. We're using the same blockchain, so I doubt Steem will go away.
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Heh. Yeah, it's a bit of a mess. Sure, it's absolutely possible. But what that would mean for Steem, I have no idea. We're using the same blockchain, so I doubt Steem will go away.
Getting back to another thought I read on one of the other posts I was reading as well as your other comment about Steem distribution of rewards or something of that nature. Is there a simple way to say what is broken about Steem and what Pal fixes about that, because if is having to do with Steem value of rewards going out, how would having a secondary site created and dividing the users up into those who now are working for Pal and Steem rewards and others who are jusing going for Steem rewards, well I am not even sure what I am asking at this point other than Why have a seperate coin for this website? And if it has something to do with the distribution of Steem and Steemit, then it goes back to Then why build it using Steem and Steemits posts and not just clone the site and create it's own thing like Golos and Smoke?
The main reason we didn't fork is due to the costs associated with running a new blockchain, getting witnesses to pay for servers to keep the chain running, and other development costs.
The new token is strictly to change the distribution so that new users can actually feel like posting here is worth it. We have zero control over Steem and SBD, so there's nothing we can do to change that model. A new token was the only way.
And with this reply, all came into focus. Thank you for your replies!