Hello all, I'd like to announce that in addition to being a Steem witness. I'm also now a whaleshares witness. Yes that means I'm a double witness.
(whaleshares + steem logo)
Double your witness, double your fun.
Why become a double witness? I'm a strong believer in a decentralized social forum. So why not decentralize your decentralized forums and be on multiple forums?
Why I like Whaleshares
- Simplier with only one currency.
Currently sitting at 0.72 usd, I think we can all agree that the SBD is a complete failure of a pegged currency. It rose up to above 10 usd during the boom and sunk as low as 50 cents during the bust. What's the point?
The SBD adds a ton of cruft and bloat to the blockchain, with extra transactions, the internal market, extra complexity. It might be worth it if the SBD actually served its intended purpose, but it doesn't.
Whaleshares does away with this mess and has only one currency.
- Close ties with Bitshares
Bitshares is the orignal DPOS blockchain, capable of a tremendous number of transactions per second. Custom tokens, decentralized exchanges. Highly underrated as a currency.
Whaleshares seems closely integrated with Bitshares, with the Rudex exchange, and with many of the whaletokens in Bitshares, and shared members of the community.
- Reduced flagging power
Hey all you guys that hate flagging in Steem. Here is your big chance. Flags are much weaker in Whaleshares with only about a third of the power, and as a result, flagging happens much, much less often. (I have yet to cast a single flag there.) This is a bit controversial, but it will an interesting experiment to see if reduced flag power helps the social forum.
- No account recovery
I like this because it's much better for my bank. I take accounts as collateral, and I don't have to worry about them being erroneously recovered by an organization doesn't give a damn.
What do you bring to Whaleshares?
I'm an experienced DPOS witness. Been witnessing on Steem over a year.
I'm not here for the quick buck, but for the long term (and bigger bucks later.)
I have never powered down in Steem, and I'm not doing it in whaleshares either. If nothing else, I'm good for the price.
- My Bank!
My biggest project is my (in)famous Bank of Neoxian where I provide loans and liquidity to those in need. I have already extended my business into the Whaleshares chain and will continue to do so.
Both chains compete, but can also aid each other
Is it a conflict of interest to be on both chains? I don't think so. Both of these projects are open-source. Improvements in one, can theoretically be integrated into the other. Competition makes you strong. Steel sharpening Steel.
Ultimately I'd like to promote the concept of a decentralized forum.