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RE: Smart Media Tokens are coming

in #steem5 years ago

With steem-engine already performing the functionality of SMT's is there anyway just to build on what we already have rather than a new full scale project. There is so much that we need to get built for the system that it's time to start getting it done. Onboarding, marketing, a new portal for steemit ect....

While there has been some good work done in the background it's the foreground that people use and see. Hopefully we can get a simple, functional and exciting system to use for all the new people that we want to see joining.

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Steem-engine from my understanding is a somewhat centralized side-chain, not proper steem token. That creates some possible issues because of certain level of centralization + steem-engine chain does not have proof of brain distribution but instead the token have to be pre-printed and then shared by a bot, as far as I have understood. For steem-engine to get proof of brains protocol at it's fullest would mean to basically copy what steem is now + the upcoming smt's.