RE: A New Social Media Blockchain Challenger Has Arrived! But Is It Any Threat To Steemit?

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A New Social Media Blockchain Challenger Has Arrived! But Is It Any Threat To Steemit?

in steemit •  7 years ago 

That was pretty ballsy, though, what they wrote on their whitepaper. And the fact that it’s an app definitely means it has the mobility and accessibility aspect going for it. I’m curious: what would be the downside of using both platforms? Couldn’t you try out this new platform as well? Of course, the immediate thing that comes to my mind is that you’ll be splitting your time and efforts between two systems, but with good time management, that seems like something that would be a small hindrance. Is there another reason why working on both platforms would be detrimental? It’s kind of like having a business page on Facebook, Instagram, and Twitter, isn’t it?

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The main problem is that it's not currently known how much 'space' there is for cryptocurrencies that work like Steem. If one dominate it might make the others obsolete.

You make a fair point though. It's possible that there's room for both. But these are early days, and those of us that have put a year in on the platform like to be very aware of how things are developing.