I think the future is pretty clear for BTS:
1. work out the kinks with Steem
2. merge best parts of steem + BTS into a next generation DEX
3. sharedrop + dev allocation
It is just a much longer roadmap.
I posted on the Bitshares price speculation thread about this (
https://bitsharestalk.org/index.php/topic,16894.msg291894.html#msg291894), but figured I should post in this thread too.
How is this the clear future for BTS? There's no mention of Steem in the BTS roadmap
https://bitshares.org/roadmap.htmlIs there going to be a community vote (with BTS balance as voting weight) to decide on whether to merge Steem into BTS? Or will this be a forced decision like the previous merger?
Why should Steem be merged into BTS? It's an instantmined (80% currently held by a central issuing authority) digg clone that didn't sharedrop onto BTS holders, I don't see how it has a place within a decentralized exchange platform.
The previous PTS/VOTE/DNS/BTSX merge was a nightmare - the price has yet to recover to anywhere near where it was prior to the merge & none of the DNS/VOTE/PTS functionality materialized in the BTS platform (Whilst you can theoretically sharedrop on BTS like in PTS, none of the recent new projects have bothered to do so - is sharedrop theory dead? edit: peerplay is doing a 5% sharedrop). If history is anything to go by, if we merge, Steem's features won't materialize in any such 'next generation DEX'.
I previously thought why not just merge Steem's features into BTS without the need for a sharedrop/merge, then I read their license.md
https://github.com/steemit/steem/blob/master/LICENSE.mdRedistribution and use in source and binary forms, with or without modification, are permitted provided that the following conditions are met:
- 4. The STEEMIT_INIT_PUBLIC_KEY_STR is not changed from STM8GC13uCZbP44HzMLV6zPZGwVQ8Nt4Kji8PapsPiNq1BK153XTX, and the software is not modified in any way that would bypass the need for the coresponding private to start a new blockchain.
- 5. The software is not used with any forks of the Steem blockchain that are not recognized by Steemit, Inc in writing.
With such a license, their project might as well be closed source.
Quoted from: https://bitsharestalk.org/index.php/topic,22125.msg288257.html#msg288257
Steem is a Graphene-based Blockchain created by Steemit, Inc founded by Ned Scott.
Ned has been following BitShares since 2013 and early this year hired Cryptonomex to help build the Steem network.
Considering Ned Scott (founder of Steemit, Inc) has hired Cryptonomex to develop Steem & (I'm assuming) you're currently being paid to work on Steem, would you not consider your proposal to merge Steem into BTS a conflict of interest?
Is a precedent being set here where we are to expect [any/all] premined projects that hire Cryptonomex to have merger proposals pushed onto the BTS community at the expense of existing BTS investors?