This will drive the price of steem down in the future.
RE: Steemit.com is now Open Source
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Steemit.com is now Open Source
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Bitcoin is open source and I believe has been from day 1. There are countless clones and the reason the clone coins haven't surpassed BTC is because they don't solve a problem that Bitcoin has. The ones that have thrived have done something else.
Same goes for Steem, someone just can't copy and paste the code and, viola, make a brand new Successful social coin. Early bird gets the worm. Having Steem as open source will only encourage people to check and modify the code to make it better.
Price of Steem will rise and fall based on the merits of its utility beyond its current speculation phase. Having it open source can only help.
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I suspect you @coinz are correct.
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Steem has been open source all the time. This announcment is about the Steemit website code. :-)
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Ooopsie, well I'll take the money and run. :/
Sorry about that guys didn't mean to spread disinformation about Steem code. But on a side note, Steem would be nothing without Steemit.com. In fact correct me if I'm wrong the two could not exist without each other so open sourcing one without the other is in essence not open sourcing the entire project.
Anyway the above is great news.
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nice post vote me
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The crypto-economization of the social spheres, in my view is in it's earliest phaze of adoption/integration. Communities come in many flavors . Did that chinese steemit-like site (yoyow) ever launch?
Steemit was inspired by reddit, but instead of cultivating a non-monetary reputation based ecosystem (karma), Dan and Ned decided to go for the money. Which makes $ense. I like to think of 'crypto-economization' as a feature that can be interwoven throughout a community. The same is true with socialization itself. The opportunity to socialize is just another feature that has been encoded and made available for a cluster of nodes to engage with. There will be many 'steemit-like' portals (crypto-economized ecosystems.) Just like there are now many sixdegrees-like social spheres.
That said, steemit is going to be a massive success. Especially the more decentralized and distributed it becomes.
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@coinz yes Each cryptocurrency here is to solve a specific problem and thus running eg golem, maidsafe coin, etc
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In my view it will encourage further innovation that Steemit can use and benefit from. It will also inspire confidence in the website code/ security. Not to mention spark healthy competition. Very good move.
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To be fair to the guy the codebase could be shit.
But it is a good move and does inspire confidence.
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Wouldn't really matter much at this point given the amount of people on the platform already. 97% of the users wouldn't be able to say whether or not the codebase could be shit. Most are here to write.
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why is that?
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Same question. I don't see the reason
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does the person commenting realize Red-hat is a billion dollar company that is opensource and Microsoft t is going opensource for much of there code oh and bitcoin is opensource so... his comment seems misguided IMHO.
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No one can fork the Steem blockchain without persmission from Steemit Inc..
The Steem blockchain code retains no permission to fork without written permission from Steemit Inc..
They’ve entirely open sourced the Steemit.com source code, but apparently the Steem blockchain remains under the control of Steemit Inc..
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nice
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Why would it? Open source has never been a problem for other major players. Why do you think Android has been so successful?
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it really because of open source
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https://steemit.com/steemit-is-now-open-source-Good-or-Bad
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how you mean.
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Why do you make this argument ?
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I completely disagree. This site is far more valuable to me thanks to open-sourcing. I believe I am not the only one who will be more dedicated thanks to a transparent community model.
(And honestly I'd build it differently anyway...)
:P
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