You are viewing a single comment's thread from:
RE: My Background and Vision for Steem
Hello,
I absolutely love the communication. I do have a question about smart media tokens. I have a small understanding abou them and i would like to know why it is important to be able to have your own currency? Doesn't that take away from steem?
I really do appreciate all the info you gave! Thanks Beth
That's a great question and one we plan on exploring in posts in the very near future through @steemitblog, so be sure to give that account a follow if you haven't already. In short, SMTs won't take away from Steem because they will actually create more demand for Steem. The reasons why are technical, but I don't think that's the important part. The important thing is that every community has their own values and their own social norms. Different people value different things in different ways. That's why they need their own currency. We've spoken to countless developers and community leaders over the years and they all say the same thing, "We want our own Steem-like token." In order for Steem to be adopted by the masses it has to offer them features that they find valuable. One thing we know for sure: people like creating their own cryptocurrencies. As the team behind the blockchain, it's our job to make sure that everything ties back into Steem making the whole thing economically sustainable and scalable, so that when features are added that do add value, all stakeholders share in the upside. If you would like to learn more technical details you can read the whitepaper at steem.com.
Thanks. Nice explanations
https://steemit.com/justin-welch/@coininstant/breaking-news-this-is-why-i-have-such-a-hard-time-typing-and-spelling-on-steemit-com-interface-attn-justinw-head-engineer-of
Thank you. This information really explains a lot. I appreciate you taking the time.
I was today years old when I learned what SMT was.
https://smt.steem.com/ 🙂
Thanks. This information really help me a lot.
谢谢你提供的信息，希望你也能关注我！
I am an Arborist by trade and lately spend most of my time helping organizations in the Phoenix, AZ area to build intensive gardens that have food available year round. Due to the way we plan these sites out using companion perennial plants and lots of trees that all work together to provide specific nutrients to each other, they become established within 3 years at which time they no longer require any fertilizer or organic matter inputs and little to zero water besides the rain. At this point the only required maintenance is to gather the ripe food when it is available so it doesn't attract pests plus to prune everything so they don't overgrow each other while competing for sunlight. Each time we prune we can take the cuttings and make a new tree, plant, vine or root vegetable which we will buy from the client and sell to the next client who is starting their forest. We started a cryptocurrency on Ethereum so that we could use it to keep track of value that we could disperse to clients so they can use it to hire our services as well as purchase new trees and plants. Ether is way too expensive to send small amounts of tokens through their platform. Do you know if Steem would be at a lesser costs for micro-transactions? If so who could I talk to about development? I am not a developer and barely know how to code. I actually learned Solidity so we could develop a simple token to use and am willing to try other platforms. Just wish I knew that the transactions wouldn't have worked as I spent 6 months working 20 hours a week to figure how to code the little bit that I know....
Yes, absolutely Steem can be used to easily solve your problem. Not only would the cost of your transactions be lower ... they'd be FREE. That's because all transactions on Steem are free. Not only that, but you won't need to learn any blockchain specific code at all. Right now you can take advantage of Steem-Engine tokens to solve that problem. We are also far along with our own development of our Smart Media Tokens protocol which will enable you to launch a token directly on the Steem blockchain. But we still haven't announced a release date for that, and Steem-Engine tokens should allow you to solve that problem. If you'd like to speak to some amazing Steem developers, stop by this discord channel here: https://discord.gg/PjmRDd
You know I post my videos on youtube about how bad you are, censoring me here so, I just post everywhere else about it - don't you know! lol
#blamebeth
https://steemit.com/justin-welch/@coininstant/breaking-news-this-is-why-i-have-such-a-hard-time-typing-and-spelling-on-steemit-com-interface-attn-justinw-head-engineer-of
https://steemit.com/justin-welch/@coininstant/breaking-news-this-is-why-i-have-such-a-hard-time-typing-and-spelling-on-steemit-com-interface-attn-justinw-head-engineer-of