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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Here is a great article that shows what is possible with SMTs:
The Day the Paywalls Died: How Steem’s Smart Media Token Saved My Family’s Newspaper
That's really cool. Imagine if the SMT really could do that.
i agree very much with ya
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.
pls vote & comment me
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.
Wow! This is good news for the steemit community and cryptoworld at large.
I'm thinking of launching an ICO for my social network called ureka. :)
I just made a post on it - more feedback to come once I finish reading the whitepaper!.
Absolutely true! A complete Game changer, you said it best!
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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.
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Indeed
A complete game changer INDEED. 🙏🏻 🙏🏻 🙏🏻
Absolutely agree!
There's tremendous potential with this platform; this is definitely one of the most promising new developments I've seen so far.
u are right bro....
Need to read more about this! Awesome!
Great Work !!
yeah man change is coming :D cheers to all stemmians
You are right ...
@firepower
Can this also be used in monetizing our blog contents in steemit... I mean the older ones...this is truly a game changer and am happy to be a steemian and will work harder to benefit from this innovative options
Steemit is great, they are showing various ways in which block-chain can have a significant impact on people everywhere.You guys are amazing, I just joined Steemit a while back and I see why they can be a game changer like red-dit.It's great to see block-chain applications,with smart media tokens they have opened the oppurtunity for expansion which expands the community and educates the people about block-chain technology and what it can do.
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