Is a STEEM fork approaching? We´ll have STEEM / STEEM TRON Tokens
Is a STEEM fork approaching?
What would be the consequences? Would it be something beneficial?
With the recent acquisition of Steemit.inc by Justin Sun, many analysts believe that an upcoming Steem fork is imminent. In fact, certain events are happening that indicate that this may be a reality in the medium or short term.
Let's analyze ...
In my previous post, I talked about how whales can benefit from bifurcations and I took as an example what happened with BTC and BTC CASH.
When the Bitcoin Cash chain forked off the main chain, Bitcoin owners became owners of an equivalent amount of Bitcoin Cash. This is because the chains were identical until the fork occurred.
If a STEEM division occurs, the holders would own the same amount of STEEM and STEEM-TRON tokens.
This is a golden opportunity for large investors and for the so-called "Whales". A rapid market capitalization is making STEEM prices increase, this may be the preparation of the land in anticipation of the fork. Instantly they can own two well-capitalized currencies. Think about it.
But ... how long would it take for this fork to occur? (
**13 weeks* )The sale of Steem.Inc, involves the sale of intellectual property, the Dapp Steemit and "the Stake". The Stake is the SP of the users.
That is, our STAKED STEEM was sold to TRON.
In the face of uncertainty, many holders have started POWERDOWN. This with the hope of having the liquid Steem, take it to the Exchanges and protect its capital in some other type of cryptocurrency or token. All this while the period of uncertainty passes.
But as we all know, the Powerdown takes 13 weeks. For this reason Justin must act within those 13 weeks and offer the best possible solution to Steem users and holders and convince them to stay.
A massive Powerdown would significantly affect the economy of the Blockchain Steem.
On the other hand, all projects based on delegations, such as @project.hope for example, as well as large Curation Trails as @curie and @cervantes would be affected, since to perform the Powerdown users must cancel the delegations they have active.
Not everything is bad news.
Forks are usually beneficial for blockchains. This is part of their evolution.
Strategic partnerships will always continue to occur between large and small businesses.
Those who think that Justin Sun is a fool who likes to lose his money, are very wrong. No person in their right mind would make a substantial investment in the acquisition of goods, and then destroy them. He saw the value of Steemit. He is appreciating the true value of Steemit.
I am sure that positive times will come for everyone. The first improvements are already being felt with the recovery of the value of the currency.
*Justin Sun stated that SMTs will continue their course as they are currently being developed. This is an extremely important and trust-generating decision.
Developers will have the opportunity to adapt their Dapps and continue to work with Steemit.
But in the face of the possible wave of massive powerdown, Justin must act quickly and give concise statements that build trust.
In my personal opinion, I will continue publishing and working as I have been doing. I will continue to trust Steemit.
Those of us who have stayed here and suffered with a 0.07 $ Steem in 2017, who have lived through so many HFs and have seen how half of the active user base left, must be certain that better times will come for Steemit.
Project Hope Venezuela is an initiative created to grow. You See more about it at:
I invite you to visit Publishx0 a platform where you can publish and earn cryptography.
Opinión sobre Tecnología, Finanzas y Emprendimiento. Venezuela, Colombia y Latinoamérica Cripto en Español
