I'm sick this week. Brain incapicated. But looking at the Steemjet situation from a purely historical perspective, I feel like we need to highlight the New STEEM Beatles
John (@omowumi)
Paul (@jogreh)
George (@shartzy)
Ringo (@dromzz)
@deandaniel is the 5th beatle
Which makes mbj Elvis:
So we will be having a small bounty of $500 in upvotes for whoever makes the mest mbj as elvis (or Elvis as MBJ) picture.
We will have this contest go until June 30 like the rest of the contests.
And we will always do the 50% instant payout on upvote wages/winnings option since it was so successfully reveived by the community.
I want to start highlighting those who are helping Steemjet on a much larger capacity, and be best able to reciprocate. People like @lordjames.
As for today's topic of tech discussion:
Is a lightening network node a fiduciary? Do they have to register kyc, etc? Since we are trusting lighting nodes R Falkvinge mentioned this recently. If this becomes true, then POW (BTC/LTC/VTC via atomic swaps) becomes "regulated" currency. Because this regulated currency prevails in adoption, it opens the door to utility coins like STEEM to thrive, but SMT needs to get coded first. This will help us enter a market with very few competitors, but can we sustain at least todays performance metrics as the network grows? What of this valuable history written here in the pages of steemjet? will the history of steem just be snapshotted away if the blockchain becomes too large. The recent news by the devs that they will always be working on historical preservation while scaling the network, reveals a technical limit to the STEEM platform and that someday the history will have to be chopped off due to the size of the blockchain someday.
Then we would need to make sure that someday there would be a Steemjet space Force member alive and knew that they should upload the steemjet history after the snapshot because maybe in the future, we sill solve the scaling problem. Ethereum is growing its chain under this same premise, that someday, a lightening trusted centralized or POS system will come along and solve our scaling system or else we can only be used as at asset settlement tool and not a fast and frictionless nanotransaction device.
The Steem Beatles - Super Duper Stars!