RE: Can STEEM ever become a reserve currency?

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Can STEEM ever become a reserve currency?

in smt •  7 years ago 

Hello @paulag SMT's run on top of the STEEM blockchain which means there are no SMT witnesses.
Everything is processed and verified by the STEEM witnesses.

smt
7 years ago by

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      ·  7 years ago 

    if this is the case, the steem witness servers will be very very busy and the current steem witness reward system will not cover the costs of the servers. I have so much to learn, thanks for the clarification

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        ·  7 years ago 

      if this is the case, the steem witness servers will be very very busy and the current steem witness reward system will not cover the costs of the servers

      Indeed, this is my concern.

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          ·  7 years ago 

        And i have just found the line in the whitepaper that states steemit witnesses will be respinsible

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            ·  7 years ago 

          now I am on the same page. I'm actually reading the SMT whitepaper now

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