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RE: PALnet Ushering In The Future Of Steem
That certainly would be interesting. Right now PALcoins work through Steem Engine. If I'm understanding correctly, the Smart Media Tokens (SMT) that I've been hearing about lately are something different, a different system. If so, how will SMTs effect things like PALcoin and Steem Engine?
They are relatively the same but the main differentiation is that SMT's is going to be hardcoded into the blockchain while Steem Engine tokens are on a side-chain.
When the mythical SMT's finally arrive, it won't be doomsday for SE. It will still keep on keeping on, 3 seconds at a time just without some tokens which will choose to migrate while others will stick around. It all depends on the dev/team behind the token.