Smart Media Tokens And Steem Hardfork Are A Sleeping Giant

Thanks for this. Yes, development on Steemit is quite slow. I wonder why. Dan Larimer has talked about Steemit 2.0. Steemit will soon have very strong competition so the developers really need to move quickly or lose out.

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1 vote

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dillagr (57) · 7 years ago

having gone through the arduous sign-up process myself, i found it too long. i initially thought it was just on my end.

i'm curious as to the account approval process.. who approves the new accounts? is it a collaborative vote of the witnesses?

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5 votes

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transcendingman (25) · 7 years ago

There is a shortcut using anon.steem, i waited 2 weeks on one account, and it still has been approved, took me 3 minutes to make this one.

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dillagr (57) · 7 years ago

thanks for the information.. aren't steemit accounts free? why do they charge fees for it?

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9 votes

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cardboard (61) · 7 years ago

Check out this post too :)
https://steemit.com/news/@timcliff/new-tool-from-busy-org-create-new-steem-blockchain-accounts-with-steemconnect

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dillagr (57) · 7 years ago

that delegated option is cool.. sponsored accounts is more like it.

thanks @cardboard! more learnings.

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5 votes

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valth (68) · 7 years ago

No, a Steem account is not really "free". Each account need to pay a fee to buy some bandwidth, but this money goes to the newly created account as Steem Power. So someone need to pay for it.

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flauwy (73) · 7 years ago

I think I read the other that Steemit has hired to people to manually approce the accounts faster than they did before. Not sure how that works exactly but they thry to get faster.

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dillagr (57) · 7 years ago

pocketsend:21@flauwy

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pocket-node (70) · 7 years ago

Successful Send of 21
Sending Account: dillagr
Receiving Account: flauwy
New sending account balance: 179
New receiving account balance: 3001018
Fee: 1
Steem trxid: 725a0206411238d3ce1caecc1f4d31125443fdec
Thanks for using POCKET! I am running this confirmer code.

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3 votes

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astroboy (43) · 7 years ago (edited)

Upvoted and reestemed, thanks for the info man, i personally wasnt aware of that communities development: sounds interesting, hope the devs will pull it off.

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1 vote

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johnvibes (72) · 7 years ago

Thanks for these updates. The technical end of steem can be very overwhelming, but thanks to you and a few others I am starting to learn more.

I didnt even know a fork was coming, but all of the updates sound good, especially making it easier for new people to sign up, everyone has been complaining about that.

Also as far as SMT, it seems like it would only make the steem blockchain more valuable.

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1 vote

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flauwy (73) · 7 years ago

Yes, it is also for me overwhleming to research all these little details. But it is also cool because I think they are on to something really big.

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1 vote

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cinefilo (52) · 7 years ago

I am very interested in this subject mate @flauwy. I need to be able to expose my articles according to my "niche". I have read something on this topic but I need more information. I thank you for your contribution. I will continue in the search to continue growing on this platform. Regards!..

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2 votes

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flauwy (73) · 7 years ago

I think niches are the future of Steem both through Hivemind and SMTs.

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dking333 (32) · 7 years ago

Sounds like a great idea.
Does Hivemind have a website to find out more?
You link goes to GitHub.

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1 vote

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flauwy (73) · 7 years ago

There is no website as this will become part of Steemit itself. I have not other source than the GITHub.

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grammarnazi (5) · 7 years ago

You have a minor typo in the following sentence:

The last hardfork 19 happend on June 20 last year!

it should be happened instead of happend.

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1 vote

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flauwy (73) · 7 years ago

Thanks, I changed it.

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1 vote

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bonitaoregon (38) · 7 years ago

OMG, that screen name is hilarious! Great Article @flauwy I do enjoy these explanations as I am not very good at deciphering these things into language that I can understand yet. Keep up the good work!

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1 vote

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abmakko (55) · 7 years ago

@grammarnazi you need a profile pic to match your name 👌

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1 vote

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ugwudenis (37) · 7 years ago

I think criticism on your last post was not unexpected even though I quiet agree with you. People will always air their view in the form of criticism. However I am of the opinion that we should excersise more patient with steem and steem development. In no good time, our expectations will be met

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1 vote

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flauwy (73) · 7 years ago

Yes, let's trust in Steemit that they will deliver as promised.

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otage (70) · 7 years ago

Fee-fi-fo-fum... waiting for the giant to awake!

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1 vote

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flauwy (73) · 7 years ago

Let's plant the magical beans.

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1 vote

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otage (70) · 7 years ago

Ha ha... yes!

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duane.dos (52) · 7 years ago (edited)

I don't see the added benefit of SMTs, when Steem and SBD should be able to handle all that SMTs are promising. @flauwy

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1 vote

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flauwy (73) · 7 years ago

I think the biggest argument against that is that Steem is distributed badly as Steemit.inc sits on such a large stake of the entire pool. However, there is much going on directly on Steem and there will be much more to come. But SMTs can redistribute the economy power and create liquidity that way for the projects. To run anything on Steem you need to have whale power.

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1 vote

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duane.dos (52) · 7 years ago

ok that makes sense, I think that many of the whales need to be more generous with their upvotes for minnows. Right now I am noticing that once your voting power runs down you don't have to rest to get a recharge, it just automatically fills it up for you.

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liznellacastillo (49) · 7 years ago

It seems good to know what you raise friend @fauwy, you have given me back the hopes of growing up in this wonderful community. Because I was hopeless to move forward, I thank you for the news.

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1 vote

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farhad3322 (51) · 7 years ago

Such steemit posts, if there are mediapersons, will be of great benefit to us

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1 vote

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stresskiller (61) · 7 years ago

could communites be build around excisting accounts or should one register a new account for that ?

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benis (29) · 7 years ago

good post, thanks a lot, i upvoted and resteemed your post.

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blazing (70) · 7 years ago

Lol who criticised you for that the thing which is not in existence and doesn't seem to be coming hahaha

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bec-on-the-block (54) · 7 years ago

Hivemind looks pretty cool! Thanks for the info... it helps us newer steemians understand the lay of the land 😊

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therealwolf (75) · 7 years ago

I love it how on-point your post is @flauwy. Your posts are simply getting better and better.

And on topic:

I feel the same way. SMT's and communities (hive) will be a game-changer. But maybe it's for the better that things take a bit more time, we are currently in a bear market and positive changes are not really effective right now.

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suraiyaakther (8) · 7 years ago

Needed Stimulated Post, If You're Your Mediaperson, Will Great Benefit Array

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nazarhasyimi (51) · 7 years ago

Thank you very much a very good news, we hope Success is always my friend @flauwy

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cryptobyhaiku (25) · 7 years ago (edited)

I was wondering if anyone could possibly explain some of the key differences between Steemit's SMTs and tokens created via the Waves platform. Currently, as some of you probably know, you can open a Waves account, create your own custom token (for 1 Waves), determine the supply, decide if you want a re-issuable token, etc. The process is extremely simple, requires no coding, and can be completed in under a minute. While I'm still in the process of making my way through the SMT whitepaper, it seems like SMTs are a more powerful version of what Waves is currently offering, though maybe it's too early for me to make that kind of characterization. For instance, the Comments Widget for online publishers (see page 9) seems like a useful tool to quickly integrate the SMT into the potential community. On the other hand, integrating a Waves token into a community seems like a much more manual process. Moreover, the Proof-of-Brain approach for SMTs appears to set it apart from the Waves token. Any thoughts? Has anyone created a Waves token and actually used it for a project? Thoughts? Frustrations? Thanks for reading!

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taktikai (44) · 7 years ago

Can you make self upvote impossible please.

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dinislam (40) · 7 years ago

Need Stimit Post, If You Are Or Mediaperson, Will or Great Benefit Are

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novacadian (58) · 7 years ago

Thanks fot this peek behind the SMT curtain. 😎

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curatorcat (66) · 7 years ago

Thank you for the information. I hope some of these changes are favorable. Sometimes it feels like Steemit is a marvelous community — for developers — but if you're a blogger and/or content creator, you feel a little overlooked.

I'm certain it's a wonderful thing that you can develop all these apps for the Steem blockchain and create SMTs and stuff, but unless something is done to make users and potential users happy, all that stuff is a bit like owning a Ferrari... in a small town in northern Alaska that has no paved roads.

=^..^=

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bobinson (63) · 7 years ago

With api.steemit.com already on appbase, it looks like SMT is happening behind the screens.

cc @vimukthi - thanks for the resteem. One more relevant and re-assuring post for some of the clients putting their faith in SMT

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celinavisaez (62) · 7 years ago

Hola @flauwy, excelente post, cuidate cariños y besos en la distancia.

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