RE: The core concepts of DTube's new blockchain

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RE: The core concepts of DTube's new blockchain

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nonsowrites in #dtube • 6 years ago

I have gone through the article. Some technical aspects are not too clear, hopefully, a live discussion on dtube discord channel would help clarify and simplify certain things.

From what I get, dtube might be slightly centralized, that might bother a lot of people. You also mentioned issues regarding multi-purpose blockchains and how they are not scalable in the long, so my questions regarding this are:

Is there a chance in the nearest future that dtube might break from steem? What measures are been put in place that it remains financially viable?.

Some of the guidelines in the new steemit delegation scheme necessitates that any project requiring delegations from steemit should work on steem blockchain and that is not the direction dtube is moving towards. So peradventure dtube loses its delegation, how does it plans to incentivize content creation because that's the main reason most vloggers use the platform and its decentralized nature.

Asides an ICO, what other means is dtube planning on generating revenue to run their platform?

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6 years ago in #dtube by nonsowrites

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heimindanger 6 years ago

DTube's chain is not centralized... lol. Well technically you can consider it centralized whenever someone holds more than 1/3 of the stake, which is the case on the current testnet, but won't be the case for the main-net. This blockchain is ran by multiple elected leaders, exactly like STEEM, and @dtube can lose control if leaders created a fork. But @dtube earns 10% of the DTC rewards, and should be able to keep a comfortable lead and stake in the system, but far from enough to be able to control everything on it's own.

DTube has no intention to break from STEEM, the only purpose would be to simplify the UI, at the cost of reducing the rewards of our users (as you said). Also the work in the UI to make it compatible on both is already done, so it would feel like a waste now.

DTube follows the guidelines for the new delegation scheme, we totally use steem. If you don't have a steem account there's no way you're ever gonna post a video on dtube today. Might change in the future, in which case DTube can create about 100 STEEM accounts / day if we used our RCs for that. In my opinion, cooperation can yield greater results than fighting. The dlive event was a bad outcome for steem and dlive in my opinion. Other blockchains profited from the conflict indirectly.

@dtube will keep on earning 10% from STEEM rewards, plus also 10% from DTC rewards now, plus the curation rewards from all the tribe tokens we hold... We also make a bit of money when someone wants a ScotTube (500 ENG). We also plan to have some official dtube merch for sale soon ;)

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nonsowrites 6 years ago

Thank you for explaining things. I think I get a better picture now.

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