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RE: Layer 2 Protocols: Functionality as a Mode of Micropayment

in #cryptocurrency5 years ago

Why bother?

“Aerodynamics are for people who can’t build engines.”
- Enzo Ferrari

transfer alice bob "10000.000 STEEM" "There are no fees"

on average, after 1.5s bob will get the funds.

Your posts assume that all other blockchains need solutions for Bitcoin issues. We have our own issues and our own solutions to those problems :-)

PS
You can't build your audience by bots.
Memo spam is just annoying.
But maybe it's not about message but the amount? Be like alice, send thousands, not links ;-)

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Hi @gtg

If the memos are an inconvenience, you say the word we will gladly remove you from the memo list. It's our intention to help spread the word about what's happening in crypto. We believe memos help us reach people who otherwise wouldn't see us. Never meant to annoy people who don't want to receive it.

As for your technical arguement, it simply boils down to usage. Not many people would actually use SteemIt. The current scenario has a large amount of one coin maximalists and obviously Steem is no exception.

I believe there's value in Steem but as a payment protocol, it has its own set of problems. Developing a payment protocol is what Bitcoin and Bitcoin Cash are doing best, for different purposes. I see what you mean and where you're coming from, but Steem is not primed to be a payment processor. I can go into more detail but I'll refrain for now.

We've made a lot of very like minded folks who enjoy the memos and the articles that accompany them. While there are a lot of bots, there are an equal (or maybe little less) amount of real people who find value in the articles. Even if we can spread the good word to a handful of people, it's a risk worth taking for some reputational damage from steemians as yourself who don't prefer memos.

As mentioned earlier, say the word and we will stop sending you memos. Sorry if any inconvenience was caused.

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