Congratulations to the PALnet team for reaching the end of the first week in operation. Actually, I guess I should send my congratulations to all Steemians for this accomplishment. We are seeing a new beginning in the capabilities of the Steem ecosystem. The entire team in this process did a wonderful job.
I received my first payout in PAL from a post. This is exciting. I cannot tell what it is from in terms of if there is anything else in there other than the post payment. Nevertheless, it is another step forward on the Steem path.
I am not sure if I have enough PAL Power (PP?) to really get much in the way of curation rewards. This platform uses the 50/50 breakdown. Either way, it is fun to see something new taking off in such a wonderful way.
It is uplifting to see so many things starting to come together. In the past, we saw development operate in "vacuums". Each project was unto itself, operating separately. Now, we are far enough along where what is already created is being pulled together and merge. The convergence of the developments is going to allow for rapid progress going forward.
One of the unique features about Steem is that if there is something that is not liked by a particular group, they are free to go ahead and change it. While the base layer is still coded by those at Steemit Inc and approved by the Witnesses, anything at the layer two is open game. We are seeing the tools being developed to give people that opportunity.
PALnet is the major experiment outside of Steemit.com. This is not just an interface but, rather, a "mini-Steem". It offers most everything Steem does at the base layer with some layer two adjustments. This is what allows for, in the eyes of many, improvements.
The next couple of months are going to be very interesting. We will see more development taking place on many levels. This will provide Steemians with better options and flexibility. The Internet is being remade to allow for personalization. Groups are going to be getting together to form what they desire.
I watched a number of videos this morning so I do not recall who said it but one mentioned how Steem is not what people perceive it to be. There is a lot more to it than most know about. Over the next two months, I predict we are going to see some core solutions provided to the community. These solutions will address long term problems with the Steem ecosystem. Most will not be on the base layer.
While patience is still warranted, it is easy to see where the path is taking us. Many want a centralized message but that is not decentralization. In this realm, think of an octopus as opposed to a snake. We have tentacles going in every direction. The key is flexibility and personalization. It is a platform that can unlock the creative juices of most any individual.
We are just starting to see some of the possibilities in the world of crypto-economics. There is so much more to come.
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