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RE: Worbli is an interesting new project.

in #discussion6 years ago (edited)

"They haven't dropped tokens yet."

Apparently, 40 percent of all tokens go to EOS holders as of September 7th, who can claim them from Worbli's website, to be distributed in November. No doubt this is why EOS users don't feel threatened, because they are getting ownership of 40 percent of the tokens for free.

I can easily imagine that future EOS buyers will feel VERY threatened by Worbli, as they won't be airdropped any tokens, and since the project is a fork of EOS, it will undoubtedly compete very hard against EOS in just about every aspect.

"Their goal is to be legal and friendly with Regulations"

That's good, for mass adoption.

On the other hand, their white paper indicates they will be constantly scanning accounts, monitoring activity and collecting information. The stated purpose is to check for terrorism, but one wonders what else they will do with all that info once they have mined it from their users.

I mean, Facebook started with benign reasons for mining user info, and ended up selling the info to anybody with a buck, treating users as cattle.

"Another goal is to be mainstream friendly via use of wallets"

The white paper says that, but doesn't say how. The interviewee suggests that humans will be in charge assisting accounts, and reinstating lost accounts, which I suppose is a more formal version of begging for help from Steemians and witnesses, but it feels more centralized. Maybe that's not a bad thing, but who knows. Wait and watch, I guess.

"This model will appeal to some and if they can pull that off it will bring in a whole new crowd to Crypto."

Yep. Very interesting project. Their white paper lists "social networks" as something they plan to get into, so Steem will also face competition from them, though that development looks at least a year away judging by timelines alluded to in this interview and the white paper.

Thanks for highlighting these guys. Must keep an eye on them. :)

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It's interesting and I am very curious how the crypto markets will react to it.

It's a positive development, as it should wake other cryptos from slumber.

It's a fork of a blockchain capable of scaling, aiming for mass adoption, the holy grail.

The markets may favor it, or it's competitors' reactions to it, but the race is speeding up, and that's what we need, as time, always, for all of us, is in short supply.

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