![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 01, 2018, 03:52:52 PM |
|
Thanks for the reply!
I am aware of the Steem blockchain, however I see a problem with it that is quite more fundamental than all of the data being stored forever (although now that I think of it, that is a pretty damning flaw as well). My main concern is that creators are paid through the inflation of the Steem token. This clearly only works in the short term, since there is no value behind newly minted Steem. No one is paying anything or anyone, which only works in a ''greater fools'' market in which the value of Steem tokens rises on pure speculation.
The idea of browsermining would be that it is easily accesible, no registration would be required and it would be bot protected by design. The mining spiral is an interesting question, but I believe that this would only come into play when the application would be of a substantial size. This size would allow it to pivot to other currencies, as well as provide a legitimate use case for Monero, thus driving the price up, thus driving profitability back up.
Greets,
Auralea
|