Re: Synereo vs Steem, which one will lead the decentralized social media revolution?
@DecentralizeEconomics, I watched the Synereo youtube videos and I saw a very theoretical approach and major issues with lack of a core concern about time to market. I don't know what all the work on Ethereum/Casper has to do with Synereo at all or helping users in the social media space, other than Greg's interest in both. To me the project looks in danger of being unfocused on delivery and derailed into a vehicle to support Greg's math habit.
Greg is working with Vitalik and Vlad to develop the Ethereum 2.0 Casper blockchain, because it will also be utilized as a separate chain for Synereo.
So we will see Synereo only after Ethereum 2.0 Casper blockchain will be released
That's basically my point. The project has been derailed so Greg can work on distributed algorithm math problems he finds more interesting. To me it looks like a misuse of ICO investor money, but I guess it is possible ICO investors were told about that. I don't really know. Ether way it looks like serious lack of focus and raises severe time to market issues.
Synereo is planning on launching way before the completion of Ethereum 2.0 Casper blockchain. They were discussing using the Omni protocol layer or the current Ethereum PoW blockchain, and the majority consensus was to utilize the current Ethereum blockchain.
Can you tell the launch date, at least approximately?
On last week's hangout, we showed posting and post-retrieval functionality in a live demo.
We'll open the app up for a first few users very soon.
Here is Dor, the CEO of Synereo LTD, discussing the launch time-frame. For those who are interested, Synereo LTD, the company, doesn't own or control the Synereo tech stack or the decentralized social media application built on top of it. Synereo LTD is developing the tech stack and social media application gratis and releasing it as open source.