RE: BlockTrades RocksDB proposal to Steemit
I can't for the life of me see a downside to this... It makes absolut perfect sense to me. Not only does @blocktrades already have a dev team that is very familiar with the STEEM ecosystem, but more importantly this frees up Steemit Inc to work on SMTs.
And let's face it, many projects on here were basically betting on that horse to move their initiatives forward. This is the case for appics, actifit, 1up and the list gets quite long.
I sincerely hope this is agreed upon, and that Steemit Inc commits to keeping their initially announced timeline or get as close as possible.
There has been many comments regarding the importance of STMs to restore confidence, which let's face it, without, it's seriously hard to build anything of substance here.
So to me this is not a yes... this is a HELL YES! - let's make this happen, let's get these costs under control, lets move away from depending of Steemit Inc to do absolutely everything.
When the costs become reasonable as to allow us to run a node ourselves (in helpie or with a partnership) - I fully intend to throw our hat in the ring. To me it's never being about the idea of "Oh, but th node doesn't make me money" - I don't care about that, never have... However, I don't want to become homeless while attempting to afford one.
I will believe SMT exists once code is open source and we are testing on the testnets. If anyone banked their life or company on words uttered by steemit inc they made a critical flaw. Ned said back in 2017 SMT would be here in jan 2018. Wait. it's not January?
Haven't they learned that SMTs should NOT be the priority for the blockchain?
Very valid point my friend, however the carrot has been dangled long enough and there is something that I can only describe as "hope fatigue" - Investors, both those in here already and those from the outside looking in have lost a lot of confidence. Delivering on promises is all about restoring that, even if it brings an avalanche of shitcoins, which it very well might.
SMTs will add more pressure and complexity to the system. If the system isn't scalable and optimal, we'll end up with more problems. They should have focused on that before making bold promises. Simply put, we're not ready for SMTs.
Part of the issue is that community features are tied up with SMTs, meaning that both the economic AND social feature set of Steem are held back by now launching SMTs. It would be great if somehow we could at least have communities get a chance to take root, even if SMTs take a lot longer. Communities should be a significantly simpler objective to realise.
I think it is a huge assumption that SteemIt, Inc. Will go back to working on the SMTs. Just keep in mind that is coming from your sense of priorities and not Ned's.