RE: Hive fork announcement (@smooth and @burnpost)

You are viewing a single comment's thread from:

RE: Hive fork announcement (@smooth and @burnpost)

View the full context

tarazkp in #hive • 5 years ago (edited)

There is about ~340M Steem in the supply
-65M - Steemit Inc

If these exchanges that powered up don't support the drop

binance-hot 30M
huobi-withdrawal 7M
poloniex - 2M
Supporters of centralization ??M

The Hive supply would be about 240M - does that sound right?

I am guessing that the exchanges will try to support considering that they might open themselves to legal action for not due to the locking of customer coins. But, they might not care or have time to enact the changes they need.

Regardless, this would mean that the Hive supply would be almost identical to the initial mine supply with the difference that it is spread among tens of thousands (real users) of accounts + alts.

Do you think that this would make a significant difference 4 years from now?

5 years ago in #hive by tarazkp

0.00 BPC

4 votes

Sort:

Trending

[-]

smooth 5 years ago (edited)

I don't think the supply numbers themselves make much difference. The larger community does and not having a largest and by far dominant stakeholder which was an unaccountable and arguably bad actor for at least 2-3 of those four years makes a big difference. I am optimistic, but there are no guarantees of success for any crypto. Objectively speaking, experience with many projects and coins suggest that the odds are long and the challenge extreme, but possible.

0.00 BPC

5 votes

[-]

tarazkp 5 years ago

There are definitely no guarantees... I am hoping that having a wide range of active accounts will make a difference though, and potentially the steem stuck out on the exchanges not getting a drop might too.

I was searching for some reports and came across this:

"25 reasons Steem will replace bitcoin"

https://steemit.com/dlive/@jerrybanfield/3ffc3520-426a-11e8-836a-b9befc1a6029

Where is Jerry... ;D

0.00 BPC

3 votes

[-]

pouchon 5 years ago

Jerry was a special man per se.
Some how He had a witness and you can feel something was not right with him.

0.00 BPC

[-]

tarazkp 5 years ago

A witness is just a server. It isn't hard to run. Much harder to code.

0.00 BPC

[-]

sakkie 5 years ago

How do you benefit from the fork? Will all steem users automatically benefit or is there a certain exchange they must join? How do you make sure you benefit from the fork please?
PS-I am not against vaccines, I am pro-choice. My body my choice!

0.00 BPC

[-]

tarazkp 5 years ago

firstly... have some Steem power. secondly. wait.

0.00 BPC

1 vote