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RE: Smart Media Tokens Are The Next DDoS
I dont think there will be a few dozens SMT's, not at all... i think there will be just few and the reason is that to complicated to create your own token and just few have the skills to do it.
But i do think that SMT's will increase in time the value of Steem!😉
I really hope this kind of attacks will stop in the future. Have a great weekend Dragos!
Did you read the White Paper or any post about it? it is not complicated at all ...
Yes i have read the whitepaper! All of it! And at least for me it's not that easy. I understand their use and their concept, how they will be used and so on but to create one and take care of it i think its just for some of the users (at least for the moment)!
Or maybe i am really stupid and i dont get it!😂😂😂
To create one you have a box with some options, name, quantity, do u want this or that, nothing more. To be honest first time was scary, I also told to myself, "i do not understand this" but, I gave it a second try. There is a lot of info explaining the theories but to create a SMT, just that, is very simple operation.
As I told u before, it is nor complicated at all and from ur answer I can realize you ar not stupid at all ;) give it a second chanse to the WP and you will see. You can also read the series from @dragonroua about it, very easy to understand :) First chapter here.
They will increase the value of STEEM, but the contradiction is that if they do work, they will increase the traffic logarithmically and that will create scaling issues.
I can imagine that. I just hope that the platform will be ready to handle much more traffic as if not it will be a total drama around!