Steemit/youtube is misleading. This project has nothing to do with steemit, they want to create their own coins and from what I have read it's not really decentralized. I think @furion is working on a steem version of youtube.
https://steemit.com/steemq/@furion/suggest-a-name-1-000-steem-contest
RE: A project that combines Steemit and Youtube? Bitcoin approaches $1500! India mobile money
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A project that combines Steemit and Youtube? Bitcoin approaches $1500! India mobile money
The guy is using the Steemit model and trying to improve upon it. I have communicated with him and Steemit is very important in all this. Give his idea chance. Even if it fails it will bring attention to Steemit and Bitcoin. I hope he chimes in here...
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His model is based on views with a viewcoin. ( centrally distributed currency ) Steem is based on decentralized stake weight voting. 2 completely different models.
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More info here: https://github.com/DaGitNah/BitTube
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@bitcoinmeister appreciate the update as always. thankful you are keeping us in the loop with new projects. Thank you.
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Where are you getting this information from? Who is they? Did you look at the git repo? Where does it say anything about a new alt coin?
Never mind, we have an answer:
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I twitted @bitcoinmeister about this project last month but there was no news/updates about it for 6 months that time so we thought that the project was cancelled. But maybe because of the youtube drama, @furion decided to continue the project. @furion developed two steem related site already so i guess he can make this project happen
Thanks for the info btw
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