Ha, I think you mean website using the steem blockchain. Steemit,inc is the company that runs steemit.com. Trust me, I am very aware the differences between steem and steemit.com.
Correct, though if the price of steem gets low enough it will cost witnesses potentially more than they are earning to secure the network. Though we are talking much lower prices as the top 20 are all making more than plenty even at these depressed prices...
Ha, I think you mean website using the steem blockchain. Steemit,inc is the company that runs steemit.com. Trust me, I am very aware the differences between steem and steemit.com.
steemit can fail, steem not so easy...
Correct, though if the price of steem gets low enough it will cost witnesses potentially more than they are earning to secure the network. Though we are talking much lower prices as the top 20 are all making more than plenty even at these depressed prices...
What's your position on EIP in HF21?