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RE: Update: Townhall & Witness Meeting

in #steemit4 years ago

Polkadot and the web3 foundation have been working on connecting blockchains so this is by far a first, they are also way head. I still dont get why steem is not part of that.

The word swap, rather than exchange pair is rather worrying.

I think tron and steem can be strong together and there is potiental, but it will be easy to mess it up, and fast.

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I think it's the terminology because it will work directly between the two blockchains and not via an exchange. That's what I understood from their post:

This would be the first time in history that two blockchains of this size will be connected to one another so that tokens can flow freely, and voluntarily, between the chains without the need for trusted intermediaries like exchanges.

If we ignore the first part regarding being the first time, which might or might not be accurate (they do say "of this size" and I'm not familiar of the sizes of the other blockchains which inter-operate), they do say one very important word - VOLUNTARILY. No one will be forced to do these atomic swaps if they don't want to, which seems much better than the sound of the initially marketed token swap.

I honestly have no need for TRX. Nothing on their chain says "hey wow!" But we could be strong together and it would be easy to mess up quickly.

You could build Steem apps that use Tron for smart contracts.

Yeah but the dapps will still exist on the Steem blockchain so the only benefit we would feel is if dapps manage to increase users and funding to improve our user experience.
Its not really a direct benefit for us.

DApps use blockchains as back ends, either as data storage (Steem) or for computing/data storage (Tron when using it for smart contracts). An app that used both Steem and Tron would benefit both blockchains by increasing organic demand for the tokens, that is SP, STEEM/SBD and TRX/possibly some TRC10 tokens.

steem is worth nothing

tron is worth a LOT but not by unit

steemit stinks at sales

tron stinks at coneheads

GET THE FUCKING PICTURE

PLEASE