I had heard of the IQ airdrop a while ago and brushed it off because it didn't sound practical. Oh how I've learned in the last couple months.
I wonder if they have a guy to update their welding pages on the blockchain ;)
EOS is the internet, man! It's the new internet! Just like we access pages on the internet, we're gonna access apps on EOS. Holy shit, my mind just expanded so much when I realized that.
If Dan Larimer learned one thing about Steem, it was that the initial token distribution is very important
This is actually one of the 2 main problems with STEEM. We don't have a proper constitution resulting in a stake based democracy instead of something like a republic. The other was the POW mining. Early on I was glad to hear @dan mention a constitution i one of the old presentations I watched and I can't think of any other coin with better initial distribution tan EOS.
completely agree. There's no real system of governance in Steem. Sure, we get to vote for BPs, but there's nothing really holding us together in a moral contract.
The early miners are also at a level of "Almost nothing at stake". I heard STEEM used to have 100% inflation too. So we basically have something like the Dash fastmine/instamine. But Dash isn't a "social" project and Masternodes are just voting on budget proposals. They have incentive to vote wisely. They don't control overall reward distribution like STEEM. They can't just vote themselves free money.
Listening now for the 3rd time.
I had heard of the IQ airdrop a while ago and brushed it off because it didn't sound practical. Oh how I've learned in the last couple months.
I wonder if they have a guy to update their welding pages on the blockchain ;)
EOS is the internet, man! It's the new internet! Just like we access pages on the internet, we're gonna access apps on EOS. Holy shit, my mind just expanded so much when I realized that.
we're gonna access apps, webpages and files on EOS. IPFS is ridiculous.
This is actually one of the 2 main problems with STEEM. We don't have a proper constitution resulting in a stake based democracy instead of something like a republic. The other was the POW mining. Early on I was glad to hear @dan mention a constitution i one of the old presentations I watched and I can't think of any other coin with better initial distribution tan EOS.
completely agree. There's no real system of governance in Steem. Sure, we get to vote for BPs, but there's nothing really holding us together in a moral contract.
The early miners are also at a level of "Almost nothing at stake". I heard STEEM used to have 100% inflation too. So we basically have something like the Dash fastmine/instamine. But Dash isn't a "social" project and Masternodes are just voting on budget proposals. They have incentive to vote wisely. They don't control overall reward distribution like STEEM. They can't just vote themselves free money.