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RE: Announcing: Smart Media Tokens (SMTs)

in #steem7 years ago (edited)

Excellent work from the team! Looking forward to some exciting times ahead! This is awesome as people can now monetize all kinds of websites, blogs and forums with this tech! A complete game changer this!

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That's really cool. Imagine if the SMT really could do that.

Extraordinary development @timcliff, looking forward to seeing the roll-out. Given that there is a plethora of currencies out there (not all can survive), is there a mechanism whereby tokens could be aligned with SMTs to give them a purpose and, hence, an underlying value?

follow me plz

SMTs will be their own tokens, and will be tradable on the internal market for STEEM.

Exactly what I'm looking for... thanks @timcliff

Can anyone explain briefly , what smts are ? Thx

They are going to allow users to create their own tokens, similar to STEEM and have them run and distributed by the Steem blockchain.

I would like to add my 2 poor cents in:
https://steemit.com/steemit/@dv8/smart-media-tokens-what-i-learned-in-small-hours-of-the-dawn
TL;DR I believe the announcement represents a structural shift from centralised to hub-spoke model with chages in the role of STEEM as a currency

Here is my 2 poor cents in:
https://steemit.com/steemit/@dv8/smart-media-tokens-what-i-learned-in-small-hours-of-the-dawn
TL;DR I think that SMTs have a potential to change the role of STEEM coins as we transition from centralised to hub-spoke model with this announcement

This is gonna spark plenty of ideas. Social currencies for all.

This is gonna spark plenty of ideas. Social currencies for all.

Wow! This is good news for the steemit community and cryptoworld at large.

Absolutely true! A complete Game changer, you said it best!

hi i am new on steemit plzz follow me @aabisteemvoter ..and upvote my posts

Truly well said! I personally look forward to the future!

Agreed, this truly is revolutionary, a real game changer, nice work and congratulations. Cheers ;)

Hail to the chief. More of the steemit innovations which blazes the never ending trail. Hail.

at times when i think about how much i have missed in cryptocurrency world, i wonder if i can turn back the hand of time.... but since i found out about this amazing steemit, am already rest assured that the future is bright.

We are still in the early beginning!!!!

Excellent job for sure! But steemit.com need to work more on the basics first.
New website design
Android app
IOS app, before trying to offer smart contract.
Also I don't think steemit blockchain will be able to handle the load! They have to scale the transaction per/second.

Does it mean that more people need to keep up the blockchain by infesting in mining hardware in order to handle this potential new load?

I completely agree with you that Steemit needs new webdesign, perhaps make more use of the STEEM metadata and the apps, how do these not even exist yet.. The time is due!

They have to find a way to scale up the chain to be capable of doing more than 1 million transactions per second before thinking about smart contract.

In my opinion it's look like they just trying to make some money, because the price will go up so high.

If that the case then what a shame.

That would be very short term oriented. I feel like Steemit or at least the idea of a crypo based social internet is very much so a long term thing.

hi i am new on steemit plzz follow me @aabisteemvoter ..and upvote my posts

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