The Michael Caz Podcast brings you the latest in health, business, relationship, and adventure.
Manage episode 259711612 series 2533102
Luke Stokes, the Managing Director of FIO, sits in with today's DIVI podcast co-hosts Steve McGarry and DIVI CEO Geoff McCabe. Luke Stokes talks about Steem’s takeover as Justin Sun's Tron Foundation bought 20% of its total token supply last February. Stokes explained that Steem is a delegated-proof-of-stake blockchain where tokens may be used to vote for governance. Steemit Inc.'s original consensus on its ninja-mined stake is for these stakes to be for specific categories in promoting the network and not to dominate Steem. Stokes mentions that though Sun bought a part of Steem's token supply, it does not mean he runs the blockchain. Major developers and stakeholders also had a lot of questions that needed answers, Stoke says. Stokes also mentioned a controversy on non-distribution of these ninja-mined stakes to its account holders. Other disputes include censorship and blocking of members. -- Divi is creating the world's first closed-loop, vertically-integrated cryptocurrency ecosystem. Much like Apple's ecosystem is anchored by iCloud, the Divi Project blockchain serves as the core of the Divi network of technologies. Thanks to a keen understanding of the divide that separates the mainstream from the crypto world, the Divi team is able to create solutions to the industry's biggest problem: adoption by non-technical users. Divi's user-friendly, one-click solutions aim to bring blockchain-based payments into modernity with great UX. In this podcast, we will cover all aspects of cryptocurrency, hot topics, and technology as worldwide adoption grows.