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Steemit Joining Tron

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.

https://medium.com/@TronFoundation/steemit-joining-tron-ecosystem-6ad66584d0b

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.

If you found this article informative, please give an upvote and resteem.

Image from article linked

Posted via Steemleo

Comments · 38

@trendotoken(59)· 2385d
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@arcange(79)· 2387d
Congratulations @taskmaster4450! Your post was mentioned in the Steem Hit Parade in the following category:
- Comments - Ranked 7 with 87 comments
@mansi94(57)· 2388d
Thanks for the information

Posted using Partiko Android
@chesatochi(73)· 2388d
I will go with the flow and embrace this change with positivism!
@phoenixwren(73)· 2388d
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?"
@gokulnk(63)· 2388d
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.
@jphamer1(62)· 2388d
My two cents about the news. Ned left Steemit, Justin Sun took over. No point speculating about tokens its a waste of time.
@joseph230(59)· 2388d
Thanks for information!
@preparedwombat(79)· 2388d

moving old STEEM token to a new TRON based STEEM token

So witnesses and hodlers are just supposed to fall in line?
@joeypark(72)· 2388d
I'm not sure it is good for STEEM coins.
@edouard(68)· 2388d
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.
@davedickeyyall(79)· 2388d
Joke of the day..
@gandhibaba(75)· 2388d
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!
@ew-and-patterns(71)· 2388d
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.
@tamiil(69)· 2388d
Anyone notice how Ned's twitter account now says "formerly @steemit"?
@vincentnijman(74)· 2388d
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 :>)
@ssjsasha(74)· 2388d
we need to know what will happen to our steem power
@scorer(58)· 2388d
RIP STEEM.

That explains why some TA future charts look so bad for STEEM.

STEEM Classic to be invented by community. 🚀
@epic-fail(70)· 2388d
Do we need to powerdown our STEEMPOWER to get the new token? how we can do this it takes 13weeks?
@ecoinstant(78)· 2388d
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.
@ange.nkuru(66)· 2388d
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
@metzli(68)· 2388d
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
@chekohler(76)· 2388d
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
@shitsignals(63)· 2388d
Time to sell steem? !trdo
@phgnomo(65)· 2388d
Is it good though?
@stealthtrader(69)· 2388d
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.

https://steemit.com/dlive/@stealthtrader/8b7a4660-3ba1-11e8-8283-8f78150dfecd
@epic-fail(70)· 2388d
wow, I wonder how all this will work ? Will we also get rewarded with Tron Token? Either way this is some exciting news
@fenngen(72)· 2388d
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.

$trdo!
@alexvanaken(68)· 2388d
Perfect time to sell. What a shame
@jarvie(75)· 2388d
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.
@flemingfarm(81)· 2388d
This has all the hallmarks of a major cluster fk about to happen.
@davedickeyyall(79)· 2388d
How is this good for STEEM... TRX is worth less than nothing..
@masterthematrix(61)· 2388d
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
@markkujantunen(77)· 2388d
The post was removed by the Tron foundation.
@vlemon(78)· 2388d
Hoorah !
@condra(68)· 2388d
Big things ahead!
@gniksivart(69)· 2388d
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.
@khaleelkazi(82)· 2388d
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