Is the steem blockchain forking?
If my reading of the white paper for the Vice is correct, we are looking at a fork in approximately two weeks.
To start, here is a pic of the Vicetoken website.
Notice how it says "A blockchain for the Attention Economy"? When the site was Vice.org, it said build on the steem blockchain. That was up over this past weekend so this must be a new development.
Now we see the name of the token in the white paper referred to as the "Vice Industry Token".
“The Vice Industry Token and its blockchain will
revolutionize the entire online traffic Industry”
- Stuart Duncan, CEO, Vice Industry Token and Blockchain”
Wow....Sound familiar?
...Existing adult websites can quickly and easily power their own websites with
the help of the Vice Industry Token Blockchain and our B2B
assistance program to help any business integrate our blockchain
into their web monetization strategy. While we will initially
operating in the adult sphere, our blockchain and implementation
teams can easily benefit and cross over into other industry verticals
and help many types of video content distribution businesses, not
just adult pornography.
Then there is this...notice the word "similar":
We are implementing the world’s most scalable public blockchain software
platform capable of over 100,000 transactions per second similar to
that powering the Steem and EOS blockchains.
Similar to is not the same as the Steem blockchain....
This is like reading the SMT and Steem white papers....
The Vice Industry Token offers immediate liquidity by offering two
conversion methods. The first is through a decentralized exchange
as part of the Vice Industry Token Protocol utilizing automated
market makers to standardize the value of tokens relative to other
currencies (both crypto and fiat). This allows users to have a real-
time sense of the value of their tokens, and the ability to convert
them on demand.
Any guesses who else uses Chainbase/Graphene and IPFS? I will give you a hint, it starts with "s" and ends in "m".
Vice Industry Token sites will all be decentralized video platforms,
offering familiar and relatable user interfaces in many ways similar
to existing tube websites. They will utilize the ChainBase/Graphene
blockchain platform for social interactions and text, as well as the
Inter Planteary File system (IPFS) for hosting and delivering media.
The sites can also operate using existing legacy video files sharing
and even peer-to-peer bittorrent type interfaces. All will be
powered by the Vice Industry Token which will facilitate user
rewards for engagement, while enabling site operators to collect
fees for transactions.
Hmmm, this sounds familiar too....
Since its functionality can equally
benefit viewers and creators of all types of video content, we will
enable any party to duplicate the portal to run their own Vice
Industry Token blockchain node under their own brand, and in any
language. They will also have the flexibility to modify their version of
the portal at their discretion, and add other off-chain features.
But wait, there is more:
We will offer a re-branding option to provide ample opportunity for
enterprising parties worldwide to create their own specialized
versions of the Vice Industry Token with their own unique flair. In
the interest of enriching the overall network of users of both the
sites that are created and the Vice Industry Token, those who
operate Vice Industry Token nodes will be able to earn Vice Industry
Tokens as transaction fees for all tokens transacted on their node.
I read this somewhere else....
The Vice Industry Token network is an inflationary system, in which
new token generation (inflation) will start at a 10%, degrading to 1%
over ten years, at which point it remains constant. All new tokens
will be generated by the system as rewards for producers,
participants and curators.
I think @ned got some 'splaining to do....
It should be noted that as part of the Vice Industry Token Network
protocol, website operators that utilize our blockchain are free to
retain a percentage of all rewards distributed. All Current Vice
Industry Token partner websites will be collecting 3% of all rewards
paid out to users of their web properties on the Vice Network.
ICO via ETH:
The price of each proxy token will be sold at at a fixed amount of
ETH equivalent to ~$0.05 of ETH at the beginning of the crowdsale.
According to steemd.com, we are at block 18,095 which, according to my calculations, is about two week from block 18,500.
Upon the token’s launch, 400,000,000 (10%) of the genesis tokens
will be air dropped to Steem holders of block number 18,500 on the
Steem Blockchain.
There you have it. This looks like the Steem blockchain is being forked and we will have Steem and the Vice blockchains. For the trouble, steemians are going to get 400,000,000 Vice tokens (I am guessing it is a 1 for 1 token "dividend").
All characteristic of the Steem blockchain are mentioned in the Vice white paper. Quite frankly, I cant figure out another way to have that happen other than a fork.
Perhaps someone else knows.
Here is the timeline in the white paper:
January 3, 2018 Pre-crowdsale begins.
February 1, 2018 Launch of Token Crowdsale.
February 28, 2018 end of Crowdsale and distribution of ERC20
proxy Tokens.
May 1, 2018 Release of Vice Industry Token Testnet.
June 1, 2018 Launch of the Vice Industry Token MainNet and
expiration of Refund Contract.
June 28, 2018 Launch of first Vice Industry Token site.
If you found this to be informative (how could you not), upvote and resteem....this sucker needs to go viral.
This is an amazing and valuable discovery. From the comments below it sounds like holders of steem - and steem power may end up holding an equal number of vicetokens, which may, or may not, end up having a value.
Whilst many people will love the value, there could be some unintended consequences.
My bank is going love that when they KYC me. “Investor in hard core pornography”. Then there’s the religous police. “Stoning to death would be too good for this infidel”.
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I heard about his vice thing, before ( technical knowledge of a retarded amoeba, as you know).
Putting my neck out here - as per usual.
I don't see a 'block chain porn sites' being successful endevour, sorry. ( I have been in the adult industry for a few years).
From experience in most aspects of 'the industry', and knowing that blockchain records all the transactions.....
Now throw in the mix, the desire for as much anonymity as possible in this area....
does not compute, does not compute, does not compute.
Just sayin'...
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Idon't want to be rude but maybe the reason that nothing ever changes in the industry , is because of rusty visions of the people in the sector and that say : "I don't see a 'block chain porn sites' being successful endevour, sorry. "
This is something that can still be provided or added to there platform system afterwards when they start the platform. For the moment where in crowd funding phase let's see how it go's.
people need to start willing to let change happen, in order to evolve to a more fair system.
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I'm talking from a perspective of 18 years in the adult industry..
I'm not saying I'm right - I'm saying that I know of thousands of people who would not want their name attached to blockchain and porn..
A personal opinion based on my experience, is all..
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I'm not saying that you are wrong , and I did start the sentence with " I don't want to be rude ... " I just want to be positive about it and give it a chance, 2 or 3 months ago I saw a documentary about the industry and it's move to internet media and how it has effected the industry towards the actors and actrices . I think it's why a posted this reaction in the first place I think don't take it wrong I think it's cool that you gave your opinion and I respect it to, and it's shurely a good point that you gave. But this is not something that can't be resolved in the future :)
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fair enough - just my opinion, mate. I thought the block chain tracked every transaction?... - is my point.
(Many/most people would not want that 'footprint' ...)
not me! - I'll have it on all day if I can make money from it! lol
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don't expect my guys to MM in the "get paid to watch porn"-token. I think it is a desperate dumb idea.
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They are still using "affiliates" to drive traffic and take a % so it's not beneficial to the performers in an age where the middle man could be cut out. Not only that, but they don't seem to mention live streaming, which we have already began to do on dlive.io . It is a last ditch dumb effort by industry dinosaurs that are on their way to extinction. Their social media promotion of this is seriously lacking in all respects. I know not everyone here on Steemit is into nsfw, but I do believe we may have started something right here on Steemit and dlive that will take the industry by storm, once people catch on. Thanks for noticing @fyrstikken!
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I've been trying to find a way to add more to this side of Steemit for about 9 months. Since we are already involved in this industry, we have a lot of ideas on how something like this should work, and be open source but we don't know where to go with the ideas. I'm not even looking to make millions from the ideas, just disrupt the industry as a whole.
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I am not sure that I follow....
What are you referring to? MM?
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😎😎👍 great one @fyrstikken
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Steem holders and/or Steem Power holders?
Air dropped where I wonder.
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Into your new
pornVice wallet! It's almost the same as when Bitcoin was forked to Bitcoin Cash, all BTC holders had BCC on the new chain.Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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I wondered the same thing about steem and SP....although I am going to say they are the same since, looking in the wallet, in the SP category, it does say steem next to it...
As for the second question, good question...I have no guesses.
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They've actually changed what it says on the website! Where it says "A blockchain for the Attention Economy" it used to say something that mentioned Steem. Did they decide just to do it on their own so they wouldnt have to buy and stake SP?
Seems to me like they don't know what they're doing, just look at the team...
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Thanks @captaincanary.
It does appear to be a rather quick transition. You are correct, over the weekend it said it about steem...not it seems they are forking. I am not sure what caused this or how it will play out.
I do know it seems very odd. Hopefully someone will provide some clarification soon.
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I'll take some "dividends." Curious to see how this plays out. Thanks for the share.
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When is SMT set to launch?
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I think Q3 or 4 of 2018
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I had no idea this was happening thank you for posting about it and in detail about what to expect. This stuffs freakin BLOWING UP!
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I'll just leave this here:
http://tvtropes.org/pmwiki/pmwiki.php/Main/TheRuleOfFirstAdopters
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Good link. Thanks.
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Glad you liked it. Its pretty joke-y, but it actually does a decent job of explaining how porn actually does fuel growth for new media forms.
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You're welcome.
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Is it safe to assume you have to buy the tokens to watch "premium". Any free tokens are welcome
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I am not sure there is a premium.
The idea is free is passe let alone, pay. Now it is time to pay for our attention.
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I don't see a vice token on coinmarketcap.com yet. Do they have a futures market?
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Sorry I should have copied the timeline...I will edit it.
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You have my attention.
Edit:If you look at their twitter is says "Vice is an Adult Entertainment Platform which is revolutionizing the way you enjoy adult entertainment #blockchain #steemit"
I think you are on point.
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Good catch @swerdan.
I didnt think to look at Twitter.
It appears they are forking instead of SMTs...they figured they could do it all themselves and become the blockchain and have everyone else pile on top of them.
I wonder if @ned will have any comments about this.
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That’s all allowed within the world of open source. Don’t think there’s any ’splaining required.
AFAIK Steem has no fork block set yet. So it seems more like Vice have hosen a specific point at which they make a snapshot and launch their presale. As a standalone solution, apparently airdropping
for user acquisitionas a thank youfor user acquisition.Much ado about nothing. Just somebody who thinks their Rolodex is big enough to run solo with it. And given Kelly Holland, that may very well be the case.
Plus... it may give them a bonus when looking at the competitiveness in the niche. Why not start a chain yourself rather than also sharing it with others, while being only guests on it. :)
Where will the airdrop happen? In your VIT wallet. Hence why the 18,500 block snapshot. A fork, but just an under the radar fork which has no explicit intention to compete with the Steem ecosystem. Just doesn’t want to be hosted on the Steem chain.
AFAIK the first action is a presale in January tho. No roll-out yet. As such this summary could still lead to an actual SMT (as well as them going solo). Both seem still possible, although the highlighted bits seem to point at a snapshot & [under the radar] fork.
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Dependent on licence though. It's only relatively recently that the blockchain code license allowed for a new genesis block to be created, i.e. a new blockchain, on any derivative of the Steem source code. You might remember @dan wrote a post drawing attention to this the day before he left which he subsequently "deleted" by editing to update to blank document.
Open source ≠ free for all uses.
If they are forking I agree with you, let them do it (not that anyone can stop them). I'd even go as far as to say we should encourage this. Competition can only be good for us.
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I think the contention was only about Condenser being used on another blockchain than steem without consent.
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What exactly is forking?
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@jonle1...Pop it in a search engine and get a good schooling...
It's pretty much a correction of a platform to make it 'better'. But, this is a novice explanation....
One of the best things I've learned since joining Steemit is, do your own research for the most accurate results ;+)!!!!
Also, following experts, such as @taskmaster4450 helps one gain a lot of knowledge as well.
Peace.
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I don’t believe it’s actually a fork if I’m comprehending it right. The share drop block just shows when they’re taking a snapshot of Steem distribution, probably choosing a time that coincides roughly with the start of the crowd sale. But their documentation shows them launching their own testnet and mainnet in May and June of 2018.
Either way, I’m not happy about it. Vice would be much more beneficial to Steem as an SMT.
I’m also curious about the sharedrop as they have no obligation to do so unless the Steem team did negotiate to provide services such as tech support. I really wish there was more communication from Steemit Inc on this.
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You could be right, it might just be a way to try to onboard the existing Steemit userbase to an SMT.
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If i'm reading this right - this sucks! My understanding was that initially they were planning to use an SMT on the Steem blockchain but now it looks like they are planning to fork their own version of the chain instead.
If everyone does that rather than using SMTs it will really hurt the value of Steem and the potential for the future.
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That was my initial thought too but, as I said above, it looks like they mention SMTs without mentioning them by name. I didnt think the protocol was released yet...but perhaps it was.
As for the forking, if we learned anything from bitcoin it is that endless forking doesnt work....people become numb to them....
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Nah, they can do it because they have money behind it which allowed them to acquire tech people interested in collaborating with them (being witness). Plus, in their niche, they have profile and a huge Rolodex.
Most people couldn’t find sufficient witnesses to actually implement a full-scale DPOS.
AFAIK the first action is a presale in January tho. No roll-out yet. As such this summary could still lead to an actual SMT (as well as them going solo). Both seem still possible, although the highlighted bits seem to point at a snapshot & [under the radar] fork.
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I only recognize PENTHOUSE and Elegant Angel. Maybe I just don't watch enough porn or something. Anyway, STEEM is getting a boost and that's what STEEM need and deserve. Porn industry is quick to adopt these new technology stuff.
Next target should be online comics, manga, anime industry. For an example One Punch Man started out as a tiny free web comic and now it's one of the biggest hits in anime. Comics are still niche. There are so much non-PC creators in the manga industry. They could really benefit from a great SMT project.
At the end steemit would eventually be less of a big deal but the earned STEEM would do well. steemit could become mainly an infrastructure project.
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Yes I agree, the best part of Steem is the infrastructure. Steem is infrastructure.
Steemit is just a goofy and fun social media experiment, built on top of one of the most powerful and revolutionary infrastructure projects in the world.
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Soon to be made the 2nd place by EOS. The project isn't even out yet and still they worth billions. All because of BTS and STEEM. There is a lot of faith in the graphene. Even Bitcoin devs attempted to ripoff that.
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BOMB!
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Looks like an SMT, not a hard fork. Even better, IMO.
VICE.ORG announces the release of VICE Smart Media Token, Oct 18 2017
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That news article is a couple months old. Their website used to explicitly say Vice would be hosted on the Steem blockchain, etc. A lot of the info recently changed, and they released a white paper following that press release, all of which seem to indicate they’ve decided to use Steem’s open source codebase and start their own chain instead, complete with the ability to host SMTs for other people. This seems to put them in direct competition with Steem for acquiring media partners & content creators interested in SMT tech.
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Oh, I see the confusion now. I've read a number of different articles, and all I can say is that it's puzzling. It does look like they've had some sort of change in plans, though - or maybe it was just a rebranding...
Aside from a rebranding, it could be anything from outright betrayal to an ongoing partnership where the partners changed plans and decided they would outsource support of a "Steem Jr." block chain to Steemit, Inc as an independent platform because SMT's weren't going to be ready in time to fit their schedule. We can clarify one thing, though.
I thought something seemed funny about that block number. None of us are getting any of those tokens. Steemd presently has us at block: 18,119,882 - 18 million. Not block 18,095. Block 18,500 was in March, 2016. I guess that's a way to pay Steemit for services.
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Holy hell youre right! I was thinking it was just a typo here and assumed it was 18,500,000... but their white paper does say 18,500. Well that just makes this news suck even more!
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Looks like you were right, but it was a typo in the whitepaper. They updated the whitepaper, and now it says block 18,500,000.
That block was on Dec 29. Also, their CEO commented here that it will be a fork, not an SMT.
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Thanks for the update & links! Good to know the sharedrop is broader, I actually hope they’ll stumble on launching their own chain and just decide to SMT instead though!
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Strange, I was browsing for new info and I don't see the change to the block number in the Whitepaper. I tried from a couple browsers, cleared cache, etc. thinking I might be pulling an old copy. Where did you find that listing?
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lol. I'm glad I took that screen capture, or I'd think I was going crazy. They're back to the old whitepaper now. What a mess!
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LOL, oh well. I just thought maybe I was using an outdated link. Their twitter feed even mentions an updated white paper. Did you notice any other changes? I can only imagine some kind of site backup or tech problem is pulling the old file...
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Yet another pre-mine. ; -)
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Seriously.
I hope there is some official announcements and better communication soon. Without that I am operating under the assumption that Steemit Inc. is selling their services to competing platforms rather than convincing them to launch a SMT on the Steem blockchain. Not encouraging.
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That might be the case....Reading the white paper it looks like I was reading the SMT white paper...talking about the same things.
And I dont understand, if it was an SMT why they would allocate a percentage of the tokens to STEEM holders.....would that be necessary for an SMT?
It is very perplexing how the white paper kept mentioning their blockchain....is it over the top of this one?
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After reading some more, I'm not at all sure what's going on, but see my reply to @bryan-imhoff. Block 18,500 was in March 2016. They're only paying the earliest of early Steem adopters.
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Like other responds this has been out there for some time. Whether it is real remains to be seen.
https://steemit.com/vice/@nanzo-scoop/get-paid-to-watch-porn-fappers-rejoice-vice-org-has-got-you-but-will-i-be-investing
https://steemit.com/steem/@fknmayhem/vice-org-revolutionizing-the-adult-streaming-with-a-steem-smart-media-token
Seems fishy unless proven otherwise. Thanks.
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Thank you for this info. We'll have to keep watch! :)

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😂😂😂😂
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Does this company have any connection to Vice.com? I mean, The solo fact that it is connected to a series of well known pornography companies like penthouse, means that it is going to have a nice exposure = increase in value!! Its a nice indication for us steemians, expected to recieve some free tokens from this, don't you think?
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It is not associated with Vice.com...
@jerrybanfield made that mistake this weekend in a post and someone called the company. They are not related at all. They were called Vice.org before and not it is the site is vicetoken.com and they are calling it the Vice Industry Token.
As for the payoff, free tokens are always nice....although there is another chain with the same attributes as Steem of which Steemians now have a 10% share instead of 100% like in steem. As long as the entire network's value is enhanced, then Steemians are going to come out golden I would guess.
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Just went to check out that video, what a flop! haha not expecting that from Jerry (actually subscribed) Its good for us steemians either way (uhuh look at me calling myself a steemian haha)
cheers mate
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@whynotas...Why deny this cool fact?
You are an official member of Team Steemit!
Peace.
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thank you for making me feel welcome!! I love this community already!
cheers mate!
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Hi @whynotas! You have received 0.1 SBD tip from @spiritualmatters!
@tipU - send tips by writing tip! in the comment, get share of the service profit :)
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If the past few days are a sign, the best may be yet to come...
SBD passing the $10. mark in the past few days!
Btw, Steemians love quality photography. One of my favorite follows is @dandesign86. He's got some serious skills.
Best regards! And, while I'm at it, here's a tip! just for you.
Peace.
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Wow mate, I guess the community loves me right back <3
Thanks!! And that guy has some serious skills.. I hope my content can come close haha I'm doing my first post in a minute!! check it out if you want :)
peace and love.
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✌!
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Just finished!! If you care to give me some advice I would be extremely appreciated mate 😎
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Great work!
Best regards.
Peace.
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As far as I know, vice.com and vice.org have no connection.
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Thats what I thought.. and further investigation lead me to the fact that their domain license was bought in 1996 and expires in a year. Doesn't really help my scepticism about this one!!
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I can barely understand the words in your post, but does this mean steem loses a big amount of value and now half of it is going to be a porn site? I'm seriously not in favor of porn.
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Hi @fitinfun :)
So a fork just means that somebody is going to make a copy of the blockchain, using all of its rules and history and start building on the copy, while the original continues as usual.
All of the information, including our accounts, balances etc will be copied onto the new chain, so if you own 100 steem, you'll still own 100 steem, but you'll also own 100 vice.
The guys making the copy could be a huge organisation, with lots of backing and experts, or it might be a couple of guys in a garage, trying to make themselves sound impressive; so it may be massive, and it may be tiny. Only time will tell.
If you don't want to have anything to do with supporting porn, you'll be able to sell or giveaway the vice you get; although best to wait a couple of days for the forks to separate properly.
There's no reason to assume steem will lose value. It will probably gain in the next couple of weeks as people buy it up in order to get the equivalent free vice.
The only advice I could suggest is to enjoy any rise in the price over the next couple of weeks, and if the price drops a bit afterward, don't be concerned; it was just people moving into steem briefly, then pulling back out after getting their vice.
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I'm trying to keep my mind off everything but creating content. So basically the outside market (world) will determine the value of the two entities after the fork? And they will not be connected - so selling one has no effect on the other?
I still need a wallet outside of here at steemit! Right now - head down - keep posting lol. All the papers and forking and curation % changing? Whatever. I'm just trying to keep posting. I trust I will get the news from you smart guys and then try to process it then.
I do know that you buy the rumor and sell the news. But honestly, I came here to post content and the money is a gift. I am trying not to count unhatched chickens, but I do have a big payout day today, so I am happy to keep going.
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Correct...after the fork, they are two distinct token...like bitcoin and bitcoin cash are totally separate today. Sell one, sell both, keep both...one is not dependent upon the other.
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Just a speculation; but, how long would you say before we can buy other alt coins directly from Steem Wallet?
Peace
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A year from now, your friends will be coming to you for advice about all this stuff, and you will have absorbed more of it than you realise :)
Where do you think us 'smart guys' came from?
We're just yesterdays noobs.
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It took me a week to become a crypto expert and since then, I am spending all my time trying to figure out what is going on.
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lol - I hope you are right. My brain has been fried since I got here in June :)
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I opened an exodus wallet - not endorsing it, as I am sure you are more savvy than me on this - just saying - it was easy- and now have some litecoins in it..
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If nothing else, this will get steem some publicity.
I guess they decided to fork instead of using SMTs on top of the steem blockchain.
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Well, that would be cleaner, right?
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I dont know what you mean by cleaner?
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Well, me either, but if something is "forked" away, it would not be taking the resources of the blockchain and so would let it run better?? We are way over my technical head right now. I will just wait to wake up one day to a whole new steemit world :)
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A fork is like a fork in the road...the road to the right isnt necessarily better than the original road that went to the left.
Forking is basically copying the blockchain up to the point of the fork then taking it and splitting it in two...the original keeps going as always while the new one goes off in its directions. Now is the new fork an improvement or not? That depends upon the people involved and what their plan and implementation is . Sometimes it is, sometimes it isnt.
We still dont have an answer with bitcoin and bitcoin cash. Those who blockchains are now running without a clear cut answer if bch really solved bitcoin's problems.
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Forks in and of themselves do not denote anything of value. It depends upon what happens after the fork. We saw bitcoin fork...and fork...and fork...and fork...
With each ensuing fork, the new fork was less valuable. Bitcoin cash isnt a valuable as bitcoin but it is more valuable than bitcoin gold.
Who knows, it is an open blockchain, vice might have decided to fork it themselves although I doubt it since they mentioned the smart media token protocol without mentioning it...and since I am not sure that was released by the steem developers, how would they get it?
We shall see how it turns out but it looks like you will get a vice token for each steem token you have.
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I’m thinking they don’t actually need to have the SMT tech yet, they’re just announcing it. The Steem blockchain technology went open source, so as soon as SMTs launch on Steem, they can copy it and launch the protocols on the Vice chain. Vice is giving a good 6 months in their timeline before they need to have SMT tech ready for their partners.
I mentioned in another comment that I don’t think this is classifiable as a fork. It sounds like an entirely new chain, using the open source technology.
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If that is the case,a non fork, why pay the steem holders any tokens?
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Lol...I'm glad to say this one is above my tech comprehension as well.
Based on the comments I've read, I think it's a win for Steem.
Here, here; but, I'm afraid no one's listening to us on this matter.
Peace.
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Hello did know about this stuff: https://smt.steem.io/ ?
also wach this video:
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What a news. Hmm, I do not know whether to enjoy it or not, but thanks for the information. Informed, then armed. Good luck to you and good.
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This is a very interesting development. Two weeks is no time. I appreciate you taking the time to post this. You got a new follower and I'm resteeming.
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It is interesting @walkingkeys.
I was not aware that it was forking. In fact, I was on the vice.org site on Saturday showing @jerrybanfield it and presto, by Thursday it totally changed in regards to the name and now the white paper is looking like it is forking steem.
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That is awesome. Thank you so much for the update. I really appreciate it.
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Great news! Free tokens would be awesome of course. Don't think I will invest in the Vice coin itself though. Not sold on the idea of the website and I do not see huge potential in it.
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Great post! Us getting free coins is always a good thing. Never turn down free money. Great find. thank you
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I did not understand the point to the end, We are waiting informations from @ned
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Maybe more like 1.6 to 1 given the current supply of Steem?
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Yeah if it is only based upon the current supply. I have no idea if they are basing it upon any future distribution like in the reward pool...
Now that I think about it, it wouldnt make sense to do that...what is out there on the date of the fork is what is out there.
So perhaps it is 1.6 per steem token.
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@taskmaster.....Interesting......Do you speculate this to be a good thing?
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No way to tell.
As @mattclarke wrote above, a fork can be from a large multi-national or a couple clowns in a garage. In this instance, I think the vice people figured it would be better to run their own blockchain as opposed to be on the steem one. This way they profit.
Steem holders are going to get tokens so we will be compensated and might be just another way to diversify your holdings. The vice tokens could be worth a bunch at some point...or not. I have a feeling they will...porn tends to be big money.
To me the question is what ends up using the SMTs? Obviously the big guys can do their own thing...so what size are going to use the SMT technology to roll out their own tokens?
Ultimately, all the porn companies could end up on that vice network...it seems that are trying to lay the foundation to branch out at some point to non porn companies but would they go there as opposed to steem. I doubt a mainstream site wants to be on the "porn" blockcahin.
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Thanks bud!
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Thanks for your information, I liked it..
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I liked this post because you is a great
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So, this is what they call a Hardon Fork.
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How do you et the coin, if this is correct?
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hello ,
it is explained in the link below where you can buy the coin it's the homepage of vice industry token and show's the crowd-funding sale status + the adres where you can send your ether to from your MEW wallet .
https://vicetoken.com
In beginning of march the crowd-sale comes to an end an then the tokens wil be send to your MEW wallet address . hopefully I informed you enough with this info otherwise glad to hear if I can help out grtz Benji
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How can we take part in the airdrop? Something about Steemblock 18500.
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