Advantages of Smart Media Tokens

The purpose of this post is a clear overview of SMT fundamentals.

I would like to explore the potential of Smart Media Tokens (SMT) in future posts.

_{image adapted from smt.steem.com}

SMTs are based on Proof-of-Brain:

• The ‘brain’ part comes from upvotes
• The 'proof' is the blockchain algorithm

SMTs differ from other token protocols (e.g. ERC-20) by:

• prioritizing users interaction with applications
• efficient transaction costs

Efficient Programming

SMTs do not boast of being a far reaching solution to any number of applications like ERC-20. Instead, SMTs focus on aligning basic user valued input (upvotes) with an application.

SMTs may not seem as attractive as other token protocols. Their aim is effectiveness. Thus the private keys that run Proof-of-Brain can achieve much higher speeds.

It seems that either, other token protocols are trying to achieve too much too fast, or they have not clearly laid out their plans.

Connecting Users with Developers

Programmers enjoy creative freedom in knowing that SMTs can be included in a compact way. Though, their impact upon users will seem immense considering the relatively young crypto industry.

Programmers should not see SMTs as a simple tool for monetizing upvotes. Instead, SMTs offer a solid foundation upon which to build. It's a future where both users and developers realize their efforts in a truly free economic system.

Illustration-of-Effeciency

Below you will find a snippet of SMT code (Installation guide for the API taken directly from the whitepaper). I have not tested it, and it will likely be some time before I have the resources to develop with SMTs. Hope you enjoyed the article and would love to read your comments.

_{image adapted from github.com via steem.readthedocs.io}

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