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RE: Steem Classic, anyone?

in #steem4 years ago

If there was to be a Steem Classic, it's quite likely Steemit Inc's stake would be burned out. The code for that already exists, written by an ex-Steemit dev last year. (I forget his name)

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Amen. Frankly this is much less of a disruption to the network and much smaller of a consensus protocol change than migrating the entire ecosystem to a new blockchain.

does that mean i can swap my steem for some tron tokens AND keep my other forked steem AND we might actually have a decentralized platform?

That depends on when the snapshot is taken. If you swap after the snapshot for forked Steem, then yes.

yes i wanna see some statements from the current witnesses, how many people are actually following them and stuff. i'd have to listen to justin today. i'll wait and see, but i don't like the fact that they're setting up a swap between steem and some other token(?).

Would there be enough drive to build upon Steem Classic? Devs and Witnesses seemed to largely rest on their laurels for their past contributions and farm these days... I don't see them surging to change their stripes after the initial shock passes here.

Good question. This is a bit different as this is the first time there's an existential threat to witnesses. There are many ways to merge Steem with Tron, but one way listed in the original announcement is simply moving all dApps, tokens and infrastructure (including Steemit.com of course) straight to Tron. If that happens, Steem witnesses will effectively be made redundant. So, they have much more motivation to do something about it than ever before.