You are viewing a single comment's thread from:

RE: Smart Media Tokens are coming

in #steem5 years ago

Justin, are you guys working with the Steem-engine and SCOT teams to see how SMTs and SCOT can complement one another and learn from each other? I mean, there might already be things they’ve developed that you can use.

Sort:  

There is no way they would do that. SMTs and SCOT tokens are in direct competition. SCOT will either grow to be so much more sophisticated in capabilities to SMT that people keep using them, or they will be discontinued.

In all likelihood, Steem Engine will go on to become a layer 2 solution just like most sidechains are doing now such as Loom, Blocknet, Matic. Steem Engine will still be very valuable as a market for trading crypto and also for interoperability between Steem SMTs and all the other blockchains.