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RE: Imagine If Facebook Acquired Steemit...

in #steemit7 years ago

yes sure you knew it. It was just an answer to the post below. I completly agree with your post. They are in great need for a micropayment channel (all the games, items and stuff). It will come just for the sake of good PR. But dont you think a private or consortium Chain will be much more efficent for a network like Facebook (because of the scaleability trillema of public chains)? Like J.P. Morgan, they are using the know-how of Zcash for implementing ZK-Snarks into their private-public Blockchain (Quorum), i could imagine that there will be a cooperation with the steem developers. We wil see, i guess its good to hold steem anyway. Resteem

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Ah, my confusion, I thought it was reply to me! And very good points about scalability! Another reason they might implement their own blockchain (not to mention the financial gain they would get from that). It would be VERY interesting if the Steem Developers collaborated with them!

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