The Tron Foundation made an official announcement.
Steemit and Tron are partnering up.
After months of speculation, it is now revealed. Steemit will be incorporated into the Tron ecosystem. As stated in the release, it is going to mean that each person holding STEEM will have a token swap for one based upon Tron.
Together, TRON Foundation and Steemit Inc. will look to create further value for their users and to augment their advancements in decentralized technologies, including moving old STEEM token to a new TRON based STEEM token, giveaways to the existing TRX users with the new TRON based STEEM token, as well as a new accelerator program towards the developer community.
This certainly will enhance the reach of Steem and its applications. It will also bring Steemians back in touch with DLive (remember them?).
Speculation was that this was going to take place. Now it has. Ned moving his tokens around gave many insight into what was about to occur.
It seems to be official now.
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Posted via Steemleo
Their wording on this is entirely confusing. I hope someone steps up to clear the air.
Sun’s tweets are talking about STEEM being reorganized in the tron network and all Steem projects moving to tron. Not sure what that’s supposed to mean.
The distinction between Steemit and Steem has never been more cloudy than right now 🙈
Posted via Steemleo
Son is live streaming on DLive tomorrow to go over the details and POLO just announced it's relisting Steem.
The same day as the Voice Beta, geez makes you think.
Like him or hate him Just just went to God tier for marketing the way he teased and launched all this together the dude is a marketing genuis and imo purposedly released the annoucement this day since Voice is getting started.
Big things ahead!
The post was removed by the Tron foundation.
How can Steem Tokens be converted to Tron Network Tokens? What happens with the Steem Blockchain, Steempower and Ressource Credits??? I can't really make sense of that Statement or do they mean that Steemit.com will become its own Tron Tokens at some point? Because how should Steem Blockchain run without Steem Tokens??? lol
How is this good for STEEM... TRX is worth less than nothing..
This has all the hallmarks of a major cluster fk about to happen.
You give up your steem token you give up your stake in the governance of the Steem blockchain. We have yet to hear what sort of governance they are offering.
Perfect time to sell. What a shame
On the bright side, I can now easily use my Tron along with Steem. On the bad side I have lost the little diversification I had in my holding!
I'm actually a bit worried about this as Tron has yet to prove it is moving towards decentralization and censorship-resistance. At least there will be more resources available to push improvement and perhaps many of the problems will be tackled.
Thanks for sharing.
wow, I wonder how all this will work ? Will we also get rewarded with Tron Token? Either way this is some exciting news
Awesome news!! I am sure this will only help Splinterlands as well!!
Also I do remember DLive.. I was actually the very first person to live stream on DLive when they launched at like 3am! I used to live stream VR on DLive all the time before the left Steemit.
Is it good though?
Time to sell steem? !trdo
Forgive my ignorance but why does he make it sound like the steem blockchain is going to be discontinued. I thought it was just going to be steemit would run on both blockchains and perhaps atomic swaps
I mean surely Tron can't replicate the inflation and all that steem has become over the last few years a snapshot allocation for steem users seems like i'm getting a shit deal for my stake.
I dont want to jump the gun but I need more clarity on this one
The best scenario I can think of is a bunch of hardforks happening, and the tokens splitting and our steem still being worth steem, while our steem is also converted to tron.
Split that blockchain?
My steem-engine tokens mean something and steemit inc cares nothing about those tokens.
Posted via Steemleo
Man, that message is confusing as hell. Plus Justin has been known to bail out of projects at the last minute, tho I guess either way being marketed by one a hype master wouldn't hurt
Maybe STEEMIT inc will split off, and SMT themselves into a TRON token!
that still leaves us here on steem to keep building!
What I read is that each app will be offered a 'package' (read: accelerator bribes), probably the witnesses too....
This is quite distressing but I am keeping my eyes open.
Do we need to powerdown our STEEMPOWER to get the new token? how we can do this it takes 13weeks?
That explains why some TA future charts look so bad for STEEM.
STEEM Classic to be invented by community.
we need to know what will happen to our steem power
I like to be excited about this news so excited it's gonna be. Worrying has never made anyone feel better.
2020 sure is off to an interesting start.
I just wish that JS doesn't touch our wallets ;>)
Tron coins - I almost sold all of mine recently - are interesting too though.
Thanks for the info / update :>)
Anyone notice how Ned's twitter account now says "formerly @steemit"?
I don't get it. STEEM has better token properties than Tron. If STEEM becomes a Tron token, that's a downgrade? Or did he just buy STINC and everything stays as is? How do SMTs fit with this? This is confusing af. Not sure what to think of it yet. The only thing for sure right now is that Sun is a frickin marketing GOD.
This is surely a big news that will create hype around Steem and will most likely push the price upwards in the coming days. Cheers!
Joke of the day..
I agree with all of the comments, this is not news because I can't so much as assess what the headline is exactly. Confounding Steem and Steemit is extremely annoying.
I'm not sure it is good for STEEM coins.
moving old STEEM token to a new TRON based STEEM token
So witnesses and hodlers are just supposed to fall in line?
Thanks for information!
My two cents about the news. Ned left Steemit, Justin Sun took over. No point speculating about tokens its a waste of time.
Steemit is joining TRON. That is such a big joke. I just hope Justin didn't pay much for this :P
Steem is much bigger than www.steemit.com which is just one interface to the steem blockchain. Read my post https://medium.com/@gokulnk/no-tron-didnt-buy-steem-blockchain-210beb71fbaf to know more.
WTF. Thank you for the heads up. I'm glad to see I'm not the only one confused as to how this could possibly work (Steemit v. Steem). GTK it's not just my normie non-techie brain going, "wait, what?"
I will go with the flow and embrace this change with positivism!
Thanks for the information
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when such deal like this happens,they are supposed to give enough information in order to avoid panic....
Posted via Steemleo
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