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RE: LET'S TALK ABOUT PALnet: I've mixed thoughts so far; what is your first impression?
Thx for your comment @littlenewthings
I think the disappearing comments due to the sync between two rocks database seemed to be lagging.
I already realized that all comments are visible. Just counter is misleading on PALnet and it doesn't really count all comments.
If you have remembered about how SMT is proposed, this seemed to be something that portrays that structure.
I actually tried to understand concept of SMT but so far I'm failing. Would you be able to share some post explaining it well? Or perhaps you could tell me what is so great about SMT that so many people seem to wait for it?
Yours
Piotr
SMT in summary are another layer of opportunity to have each community to have their own tokens that later can take off independently.
To me, it looks a lot like Malaysia reward points from all the major business entities.
Remember those Grab points, BHP patrol points, etc?
But in the steem blockchain they work like Steemit but each community have their own "clan tokens".
Which to me can be redundant unless one stands stronger than another, and they are called "smart contracts".
But right now these are not SMT, they are just community determined value tokens (reward points) that sits in the database.
Hence they are called SCOTs, @crypto.piotr
But the interesting part is that they can develop their own reward structure, including curator and author reward split, maturity days (SCT matures in 3 days), and the way how they can filter their content on their "search results interface" based on their own created hashtags.
Thank you for this amazing answer @littlenewthings (hug)