The Currency Analytics
By Steven Anderson
STEEM TRON and HIVE
The STEEM community perhaps did not like the idea of TRON Network, eventually planning to replace Steem for TRON based token.
Sydney Ifergan, the Crypto Expert, tweeted: "The Hard Fork Somehow Happened for STEEM. It is good to have forks and spoons with different recipes to solve a problem.
Sun, however, has the advantage of having access to large stashes of STEEM tokens, which were pre-mined. The Community clearly felt threatened by the power of the Sun.
Binance and Huobi will, however, support STEEM hard fork in to hive. The hive network has a lot of support.
Steem well knew that when people are able to realize all the benefits, they will be able to enjoy on STEEM when compared to several other big names it will be very likely that…
Justin Sun, when discussing Steem previously stated, “Our intention is never to take over any blockchain but to protect the sanctity of private property!
The Future of STEEM and TRON was supposed to be promising. They were supposed to be onboarding masses on to the blockchain by way of tokenizing on the web.
However, in the End, What happened for a Hard Fork from STEEM called HIVE.
The HIVE will be based on the Delegated Proof of Stake (DPOS) mechanism. HIVE feels they have saved STEEM from TRON. We need to see how things unfold henceforth.