Hello! This my article to Steemit or Synereo.
Let's Start...
A new bitcointalk thread is currently raising issues which basically make comparisons between Steemit and Synereo.Though virtually every project in the industry has had some random allegations against them, the thread which was started on Friday August 19 was supposedly prompted by the recentannouncement by Synereo that its Alpha version will be going online next month.Steem is the digital currency behind the Steemit social media platform which rewards content posters and voters online. Steemit was recently hacked with some accounts compromised. Steem overtook The DAO to be the world’s fifth most valuable cryptocurrency following its 1000% plus growth in the days following Steemit’s first cryptocurrency payout on July 4. Synereo, on the other hand, proposes a semi-autonomous system which requires human involvement in the roles defined in smart contracts. Synereo offers a social model - one that integrates measures of compassion in its code, no censorship and provides users the opportunity to monetize their content and own their organic local network.
Are they Ponzi scams?
With the title, Synereo same Ponzi scam like Steem?, the OP dranster started the discussion line with an assumption that “SYNEREO AMP might be the same pyramid scheme like Steem because they “Both have similar monetization techniques...AMP has a large premine like 90%” and sought the view of forum members. The first responder who claims to have been following Synereo and its developers since its ICO, and how they helped Ethereum with its new proof-of-stake protocol, dispelled the assumption as doubtful. Dsattler wrote: “The core devs are deeply involved in the crypto scene and it's highly unlikely that they put their reputation at risk with a Ponzi.”
DecentralizeEconomics cited the fully decentralized form of Synereo as the main difference withSteemit as a centralized platform and hinted at a possible self-orchestrated collapse of Steem.Several scam accusations have been run all over the place, but it is always better to wait and let the technology being used by every startup or platform speak for itself.Matej Michalko, Founder and Director at DECENT (Decentralizing Content Distribution), waved the scam accusations aside saying they are not new.He tells CoinTelegraph:
Synereo = all hot air; STEEM = all steamy air - it can be tricky to see at times! (but its good fun to play in!)
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No worries. Enjoy the STEEM playground.
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Always do!
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