#steemit

RocksDB and SMTs Announcement

Dear Steemians,

We have estimated and prepared the detailed versions of our short- and long-term roadmap for RocksDB and SMTs with their target completion dates. To make everything come in shorter bursts and as the community has requested, we’ve broken out SMTs into SMT-lite, which is paired down to include the core functions of issuance and transfer of tokens. Additional roadmapped SMTs features are also listed.

Below is the spreadsheet outlining the different tasks for RocksDB and SMT-lite, as well as their ETA, points and status.

Screenshot 2018-12-05 at 4.38.04 PM.png

For RocksDB, our plan is to write an adapter that uses the BMIC (Boost Multi-Index Container) interface and replaces the behavior with a RocksDB backend. This will allow steemd to support both the existing BMIC/Chainbase implementation and RocksDB as a compile option without needing to change the consensus logic of steemd. Additionally, by creating the adapter to use the same interface as BMIC, we can leverage the existing BMIC unit tests to ensure that we replicate the expected behavior of BMIC, but backed by RocksDB. This will result in a 95%+ memory consumption reduction by moving our storage from memory to disk. Ultimately our target is to have Economic nodes (Full Nodes by a Bitcoin standard) running on commodity hardware with 4GB of RAM and a standard SSD.

The scaled-down SMTs scope includes these features: claiming names, tokens, issuance of tokens to one account, transfers between accounts, immutability (meaning that once a token is launched none of its original parameters can be altered) and a testnet.

Next iterations of SMTs will add back in these original functions:

Screenshot 2018-12-05 at 4.25.20 PM.png

Again, I will discuss these topics and your questions tomorrow during a livestream at 11am CST. See my post from Monday regarding submitting questions.

Best regards, Ned

Comments · 141

@iamnotageek(60)· 2817d
Get out while you can.
@lemouth(75)· 2820d
As many who have already commented, I believe SMTs are the way to get more value into STEEM. Glad to see things are still going on!
@ziomar(6)· 2820d
Hi there, I've just upvoted this post A small contribution from me, to help the steem community to thrive ;)
@harpooninvestor(47)· 2820d
Nedder, babe, WTF R U even talking bout? Thought steemit was a website for blogposting and maybe making a little scratch? DB? SMT? What R they? How does it fix the fact your website is filled with gamers and scamsters looking to make a quick buck and writing total crappola on the website?
@yasliapoetry(46)· 2820d
Are u seriously? Steemit not die
@offgridlife(74)· 2820d
I can help you make some extra $$$$ on Youtube @ned

Posted using Partiko iOS
@alexs1320(72)· 2820d
Sorry guys, I don't understand what you are going. To be more precise, I have no idea WHY are you doing/ not doing this?

For example, Why your FB page looks like this? Was this drawn in Paint?

How is it possible you have only 500 Followers?

Why your Tweeter Account is silent for 2 weeks?

Why you don't take a decent camera and microphone for YouTube?

I really don't understand why are you letting simple things being done in such unprofessional way? It's ruining your reputation. Seriously.

I can't understand how you want to make something worth 100.000.000 $ but you don't want to spend 1.000 $ for a decent camera, designer and microphone? Or even better, invest 100.000 $ in good marketing
@angkasah(47)· 2820d
@tngflx(63)· 2820d
I like how steem host all of its content with pretty "functional" api. I couldn't see any of the blockchain which did it better and survived for heavy usage. It's a great concept. This move also showed how unreliable you guys are with your income source. You guys depended too much on how steem price will go. Did no backup plan at all if the price goes down. No forward thinking whatsoever. Hence the desperate measures.
@mondoshawan(67)· 2820d
Would you pretty please unpin your post...
@cannabiscup(56)· 2820d
Thank you for your continued best efforts @Ned!
@ravijojla(53)· 2820d
Dear, @ned!

I was brought here by @crypto-piotr and decided to leave a nice supporting comment and say thanks for the impressive work you do on the platform. Whenever your name is mentioned by people I know it is in a very positive context. It would be a pleasure to follow and read you in the days ahead.

Best wishes,

Ravijojla
@dfinney(69)· 2820d
Know what would be more awesome than SMT? You unpinning this post from the top of all of our feeds. 🎉
@rulesforrebels(62)· 2820d
totally awesome
@jbajunior(34)· 2820d
Idk what you mean 🤷🏼‍♂️?
@lucylin(72)· 2820d
Just a really really boring idea...nothing glamorous, just basic sales and incentives...

https://steemit.com/blog/@lucylin/here-s-a-thought-some-positive-action-is-needed-on-steemit
@dexterdumb(56)· 2820d
Thx for the update!! Very excited ;)
@rudyardcatling(65)· 2820d
the man himself, don't listen to the jokers,

what i see is not giving up in the face of adversity, and that's a good thing

when the wheel turns and a new deck is dealt we can all have us a nice glass of bubbly and smile right back, like

ah well, five months is a long time, see where that goes, but i guess i can at the very least claim i had the first tradeable token exchangeable for steem on steemchain with @goldmanmorgan coin 8 months before "they" did ;-)

holds up fire-resistant shield +10 vs flaming jokers
@venkatesh15921(39)· 2820d
Why @ned does't get payout for any of his posts?
@melip(61)· 2820d
I guess Ned=70% of the STEEMIT work force 👊😊
@mosunomotunde(64)· 2821d
It is well
@mattockfs(61)· 2821d
"Ultimately our target is to have Economic nodes (Full Nodes by a Bitcoin standard) running on commodity hardware with 4GB of RAM and a standard SSD."

Sounds pretty much like NAS specs, would be amazing if it could run in a Docker or LXC container on a QNAP or Synology NAS.
@beograd(50)· 2821d
.
@pocketechange(74)· 2821d
I have no Clue what SMT is... And I'm Totally Impressed with the Amount of Comments you're getting on your Post...
@agmoore(76)· 2821d
I don't understand much about crypto or financial markets, but I do understand something about history. You have the chance to become one of those people who makes it into the books because you made your mark, you made something out of nothing. You can get very rich in doing it--I don't know how that works, but if Steemit endures and grows it will be a legacy no one can erase. Please steer the course gently.
@friendly-fenix(59)· 2821d
Thanks @ned for pinning this so we can see it, and it's clear, from the horses mouth so to speak.

/FF
@nildighonto(42)· 2821d
SMT-10 soon; SMT-20 later
@skytrex(59)· 2821d
Thanks, Ned!
@cjturtleman(46)· 2821d
Thanks for all of your hard work! STEEM has a bright future!
@bmanmcfly(47)· 2821d
Just a friendly reminder to anyone paying attention.

When the success of an organization promising rewards for investment that depends on future investment to cover the costs of earlier investors... that's not lowering costs, that's not expanding the platform, it's bordering on a ponzi scheme.

The solution needs to be in looking at revenue streams, not generating new or better cryptocurrencies... part of why SBD value has dropped so much harder than cryptos in general is because SBD is only good for SP or $, and essentially nothing else (of any real scale).
@akdiplo(39)· 2821d
payout declined why???
@gank(60)· 2821d
I have never been more excited about Steemit then I am right now. Thank you Ned for your decision making in the past few weeks.
@a1-shroom-spores(65)· 2821d
Steemit Devs have secret powers like pinning posts and speaking in their own language.
@jinuking(72)· 2821d
뭐라는거야 누가 번역좀...
@arcange(79)· 2821d
Congratulations @ned! Your post was mentioned in the Steem Hit Parade in the following category:
- Comments - Ranked 3 with 267 comments
@syarrf(61)· 2821d
👁👁
@goulash(40)· 2821d
Ned...I meditated for a long time to discern why you are unloading your wallet. As in my prior comment, CEO dumps whole wallet primarily because he has somewhere else to go...usually that somewhere else means you've likely SOLD your ownership of Steemit Inc.

THAT's IT!! YOU SOLD STEEMIT INC.!!! Didn't you? Often lay offs also come prior to an M&A completes....so YOU laid off 70% not because of the price of STEEM (a rouge); but you must have SOLD STEEMIT Inc. or your ownership of it!!

I've run CEOs for 40 years and have done many M&As...YOU SOLD STEEMIT INC!! That can be the MOST experience based reason I can come up with.

EVERYONE: NED MUST HAVE SOLD STEEMIT INC!!!!
@momoriso(65)· 2821d
That sounds good.
@currentxchange(57)· 2821d
Awesome!! I like the SMT lite idea! We are waiting patiently to launch our SMT.

What will be the fee to register a SMT name?

We are releasing cXc Music, our first steem dapp next week!! Here is a preview!!

If you want to learn more about the project, just ask, or go to currentxchange.com.
@cryptohazard(63)· 2821d
Forget about SMT! I still think that they are totally useless.
@skreza(62)· 2821d
this will be a complete failure and the end of this blockchain as a whole
@moemanmoesly(70)· 2821d
I didn't know there was a pinned post feature...
@christianchannel(68)· 2821d
man....why don't you get along with Dan again and you guys could merge EOS with Steem......otherwise he creates steem 2.0 and we all get fucked up......doesn't matter who is the boss, better to be number 2 with Dan in charge and become a billionaire than be the number 1 and go bankrupt......no room for small coins....EOS and Steem must merge......he already proved he was right when he created a new coin from scratch and it got much higher market capital than steem....sell the control of Steemit Inc to Dan......you assure yourself finantially and assure the success of Steem. Telling this not to put you down in any way but to genuinely help you.....All the best
@bitcoinflood(80)· 2821d
Very glad to see these updates so we as a community know whats going on. Thank you for taking the time Ned it will truly pay off!
@elabuelo(52)· 2821d
Gracias @ned mienstras unos tratan de destruir el steem yo sigo trabajando en steemit con mucha fe. https://www.peerhub.com/
@xchng(63)· 2821d
Why is @berniesanders downvoting this? What the hell is going on over here? Why is this post hidden due to low ratings? WTF is going on the Steemit Blockchain? I am shocked
@holybranches(60)· 2821d
LMAO Bernie strikes again!
@yasayanoluler(62)· 2821d
Great
@maikelblogo(49)· 2821d
Probably i'm gonna be listed on create a SMT. I'm saving money as crazy to acomplish that. But also, i am creating an audience and good reputation. @ned You can check my profile and share your thoughts. My friend @crypto.piotr are in the way to teach and help me about how i gonna increase notoriety in this community
@volderhein(57)· 2821d
Can anyone explain what all of this means? I see people getting all excited but I don't know exactly what's going on o:
@deanliu(83)· 2821d
@askanything(54)· 2821d
Steemians can use Bitshares user tokens, why do we need SMT ?
@leeyh(73)· 2821d
NED, thanks for your active communication. SMT is the hope of STEEM.
@ronel(61)· 2821d
Oh yeah!
@bigzero(4)· 2821d
steemauto otomatik upvote oylama sistemine katılın paylaşımlarınız otamatik olarak oylansın.

Detaylı bilgi linkde https://steemit.com/tr/@kont82/yazilarina-otomatik-olarak-upvote-almak-istermisiniz

Telegram Grup Linkimiz: https://t.me/steemvote
@amahovac93(69)· 2821d
Shitty comments have been getin 10-15$ upvotes.
@steemychicken1(81)· 2821d
I really like the new Ned. :)
@preciousmumy(43)· 2821d
Nice updates, i just hope these are upheld because it will be a blow to the face to have waited for a whole year for SMTs and now there is a tiny light in the darkness, only for that to be turned off.
@ordosjc(69)· 2821d
Excellent, we hope that these interesting updates congratulate the team for always providing a better stay on this platform. It would be great, these changes plus a revolutionary upward trend thanks to the crypto.
@trayan(71)· 2821d
Very well, awaiting the SMTs to be transferable ;)
@jaraumoses(69)· 2821d
The Pinned Post idea is insane @ned.. Thanks for the update and I have just made a post on how we can share this info massively on Twitter!

I will not share the link here, but can be found on my blog!!!
@the-alien(74)· 2821d
Thanks for the update! I hope that the SMT development goes according to plan and RocksDB as well.

I know it's not my place, but if I'm allowed a suggestion then I think it's not a bad idea to take @blocktrades up on his proposal if you feel that you guys have multiple problems on multiple front. Sometimes outsourcing can help.

I know 250K is a lot of money, but if the cost reduction is significant then it would be worth it.

Anyways, thanks again and good luck!
@dobartim(77)· 2821d
Thank you for great news, we win together.
@ahmanik(62)· 2821d
Sir @ned I think it SMT-10 soon; SMT-20 later

Posted using Partiko Android
@originalathena(50)· 2821d
Thank you for sharing your post @ned I really see big things are coming for steemit.very positive change for everyone on this platform.

Athena is in 👸🏽
@profnuhu(56)· 2821d
That's good to know in advance. @ned
@phusionphil(70)· 2821d
Make money on steemit they said, it will be easy as blogging they said LOL
@aaronhydra123(37)· 2821d
what is S-M-T? sorry im off from steemit due to exam.Anyone care to explain?
@deepak0018(56)· 2821d
Thanks for update useful information.
@foxkoit(76)· 2821d
- - Ah ... soon new update come ... I was just think last 2 weeks back ... when we can have this Pinned Post thing :) very good ... And @ned not stop...Make steemit BIG.... I not want go back on Facebook or Instagram or Twitter... I want be here :)
@schlafhacking(62)· 2821d
Awesome! When the new release is out, I can run a cluster of full nodes on the same hardware currently one full node consumes.
@kafkanarchy84(75)· 2821d
How do I get this “pinned post” junk off of my newsfeed?
@kenso882(25)· 2821d
seem everyone can be minters ^^
@apshamilton(73)· 2821d
@Ned have you also considered FPGA acceleration of the blockchain replay? It is heavily CPU single core bound and likely involved many steps that would benefit from FGPA acceleration. I have these $275 Acorn 215 FPGAs from Squirrels research based on Xinlix Artix 7 FPGA that I'm interested in seeing whether they can be used to accelerate Steem node replay times. The main tech guy there @gpuhoarder on Discord thinks its possible.
@bashadow(70)· 2821d
Can I pick the next post to pin up top of everything? This is something you should do every Monday. Pick the 7,777 post made on Sunday and pin it to the top of everything on Monday. No matter what the post is even if it is an actifit one or a NSFW one. A total random draw of the hat to promote a totally random post. That is if there is 7,777 post made in a 24 hour period, if not drop one 7 and pick the 777 post to promote via pin for 7 days. Just think how happy you would make someone.
@shitsignals(63)· 2821d
Thanks for update is pinned post something new ?

Posted using Partiko Android
@hilladigahackles(65)· 2821d
im excited about the update! i have ideas and dreams!! thanks for all the work you guys are doing!
@cornfield(41)· 2821d
@ned -"His story was so incredible – no one wanted to believe it."
@tibfox(74)· 2821d

Ultimately our target is to have Economic nodes (Full Nodes by a Bitcoin standard) running on commodity hardware with 4GB of RAM and a standard SSD.

That sounds awesome! You can count many many people in - when this became reality. Awesome that you listened to the community and adjusted the plan to bring SMT-lite. That made my day!
@shortsegments(78)· 2821d
Good job @ned . I really appreciate how hard the changes must have been this close to Christmas, but I understand critical situations call for serious solutions. I am very happy to see how fast things are moving the and increased focus on deliverables, communication and the discourse in the comments.
@barski(77)· 2821d
It's all super! But, as it seems to me, it is necessary to explain to simple users who are a bit far from the depths of building digital chains, which as a result we get from this in the bottom line. As I understand it, the cost of producing one token will decrease, correct me if I'm wrong. How will this affect Steam's cost? If the standard equipment can generate a token, then does it mean that everyone with a computer resource allows it to generate a token?
@acromott(73)· 2821d
Lets get these SMTs going this time around.
@joshman(74)· 2821d
Great news! I'm looking forward to running a full node within my virtual environment once the technical requirements become more realistic.
@holoz0r(78)· 2821d

Ultimately our target is to have Economic nodes (Full Nodes by a Bitcoin standard) running on commodity hardware with 4GB of RAM and a standard SSD.

I am SO excited by this. Increased decentralisation!

Rise of the many nodes! Can't wait. Any word on CPU requirements / core count targets? I'm not about to run out and buy hardware today, but it would stop me from selling some other hardware I have lying around. :)
@steevc(80)· 2821d
Keep the updates coming and make the most of the other development team. We need a boost of confidence in Steem.
@donkeypong(76)· 2821d
Upvoted for the commitment to getting a simple token delivered; thank you. The greater concern here is probably the period of time proposed for the RocksDB work, since technical people seem to doubt it can be done that quickly. So I wonder at the actual price difference between what you are doing and what Blocktrades proposed to handle. But again, we need tokens and thank you for that commitment.
@starrouge(54)· 2821d
Thank you @ned for the effort of you and your team. considering of large-scale layoffs, I think the delay of tasks ETA are understandable. steem on!
@d00k13(76)· 2821d
This is huge news for our #OneLoveDTube community, a few of our RPC node dependant projects are having a hard time currently and with those resource requirements we could run our own node off the servers we have already 💪

Posted using Partiko iOS
@apshamilton(73)· 2821d
"Ultimately our target is to have Economic nodes (Full Nodes by a Bitcoin standard) running on commodity hardware with 4GB of RAM and a standard SSD." This is fantastic news and will benefit the Steem ecosystem enormously. If Crypto prices had stayed high this would never have been a priority. This is a perfect example of how going through tough times creates a much stronger & better result than being on easy street. Well done and good luck in getting these initiatives completeted.
@bankthecrypto(69)· 2821d
ammm i didn't know @ned can do pin posts .... is there an option to do it in my profile ?
@noisy(68)· 2821d

The scaled-down SMTs scope includes these features: claiming names, tokens, issuance of tokens to one account, transfers between accounts, immutability (meaning that once a token is launched none of its original parameters can be altered) and a testnet.

I think I remember that someone once said, that names of SMT will not be a part of a consensus. Had a plan change about that? If yes, how name squatting will be addressed?
@sathyasankar(65)· 2821d
Pinned post? Can I pin my post?
@gokhan83kurt(57)· 2821d
Ohh! Nice..
@cjsdns(75)· 2821d
Ned Good chances are blowing up. What are you doing?

I think the biggest obstacle to the development of the company is you. Am I a bad person?
@soyyotuber(25)· 2821d
intercambio de votos me ayudan porfa
@esecholo(65)· 2821d
Thanks a lot for the update @ned, its been a long time coming, Glad to see the community still active, Keep it up!
@cryptoewp(70)· 2821d
Hi @ned ,

First of all thanks to work hard and i know everyone want to be ok for Steemit.

There's something that makes me think. As you know, on Ethereum, have many projects started with ICO.But in the market in the bear period, these projects have been started to sell their coins. Ethereum devs and its community have not solved this issue yet. Have you considered a precaution against the possibility of similar economic problems for SMT ?

Thanks..
@jedigeiss(74)· 2821d
Thanks for the update. If you make it possible to run a full node on a 4gb server I promise to throw in some ;)
@viraldrome(67)· 2821d
I like that this was a pinned post in my newsfeed.
@sumit71428(70)· 2821d
Hay buddy what is this RocksDB can anyone please guide me??

Posted using Partiko Android
@novacadian(65)· 2821d
@goulash(40)· 2821d
Ned, your wallet activity communicates that you are aiming to power down 100%. Since 1.5 Mil STEEM has already been uloaded into the market; a big question mark stands.

In my 40 years of capital markets and companies; the ONLY reason a CEO gets rid of his WHOLE stock of holdings is due to the following potentials:
1. You are LEAVING or Giving Up out of disgust (unlikely).
2. You have received another offer elsewhere that's too good to decline.
3. The board is about to fire you (unlikely) since the board is you, yourself and you.
So, what's going on? There are many reasons a CEO sells and only one reason a CEO buys.

I'm smelling something having to do with #2....that you have somewhere else to go....perhaps not of your choice but necessity. Where are you going?

What have you done with Steemit Inc.? My sixth sense tells me that you're up to a self preservation driven activity.

I'm aiming at #2.....what are you scheming? What's going on that makes you unload your wallet? Did you sell Steemit Inc.? Is it going bankrupt?

I shall meditate on this to discern.
@stackin(78)· 2821d
Good to know that we have a game plan in place! 💪🏼🙌🏼💯

Posted using Partiko iOS
@chekohler(76)· 2821d
Well atleast the new leaner team looks meaner and we're seeing some progress, thanks ned! Also how does one go about getting their post pinned? I'd like to pin my post! You can't just show up with new features like that and not tell us!
@geekpowered(70)· 2821d
That is quite the reduction, and will be quite the reduction in potential costs for server hardware. How confident are you that the timeline will be able to be upheld? I know frequently estimates for development can be held up, even by tiny issues that were unforeseen, but there are conservative estimates and quite optimistic ones. If that estimate is able to be upheld, then it will only mean possibly one or two additional months before witnesses can reduce their costs considerably. That is quite good news.

As to SMT's...I'm not as optimistic that they're the golden unicorn people are claiming them to be. I'd prefer more community and curation related features be implemented. So, it's nice to see an SMT-lite is going to be implemented in the near future, but I think a lot more needs to be done.
@martinmcfly(60)· 2821d
By the way, what the hell is this?
@martinmcfly(60)· 2821d
That sounds good.
@alexabsolute(63)· 2821d
Wow only 4gb of ram and standard ssd’s is all that is needed! Awesome

Posted using Partiko iOS
@anikearn(73)· 2821d
Thank you very much for the update my dear friend

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@rudel(12)· 2821d
Another great progress good luck
@jonmaim(63)· 2821d

we can leverage the existing BMIC unit tests to ensure that we replicate the expected behavior of BMIC, but backed by RocksDB

This is very smart and happy you can do such a thing. The transition will be smooth.
@keydon(60)· 2821d
Disappointed Korean Steemians lost faith in the Steem Inc...
@prameshtyagi(71)· 2821d
@ned - it is great to adjust the goals in new reality. Something is better than nothing as long as we are progressing towards the main goal.

However, pls also keep exploring the option of taking support from the community. You have great community with diverse talent and reach and that is willing to be supportive too.

It would be great to see few words from U about @blocktrade proposal whether taken up or not. That would help other community members to fine tune their proposals in future.
@steemitqa(64)· 2821d
Good to hear you are listening!
@tcpolymath(69)· 2821d

Ultimately our target is to have Economic nodes (Full Nodes by a Bitcoin standard) running on commodity hardware with 4GB of RAM and a standard SSD.

Now that's fuckin' exciting. I get that there's been a lot of SMT hype and people are kind of obsessed with them, but if you can pull off the above that's a sea change in Steem usability for devs.
@phoenixwren(73)· 2821d
I don't suppose it matters if I ask for the third or fourth time for things to be explained in terms for regular users to understand instead of techno jargon alone, so... jazz hands?
@inventor16(65)· 2821d
This sounds exciting, some solid plans for a change. 👽
@gcalex(52)· 2821d
Thank you for the transparency👍🏽

Posted using Partiko iOS
@artzone(67)· 2821d
Dear friend, you do not appear to be following @artzone. Follow @artzone and get added to our voting list for valuable up-votes!
@sidsun(57)· 2821d
Ned, welcome back to earth. When the bulls were running it was so hard to catch you. Now you are a regular and you are updating the community on key developments. This is what is required of you always. Till you give this project leadership. So next time the bulls run, do not forget that the bears are round the corner. Take It easy my friend!
@team-mexico(64)· 2821d
Very good updates bro, steemit has still many things to accomplish and show the world that it is great. We are not going to give up, we are going to be there to always support steemit. @ned the community @team-mexico needs your support, greetings and thanks for the information.
@aussieninja(70)· 2821d
Has "Pinned Post" always been a thing?
@jarvie(75)· 2821d
When you hang around people all day that talk like this you start to think all this jargon is normal. There were so many acronyms in this post I thought you were speaking another language. You need like a glossary for your posts perhaps. haha

But that said i'm happy to hear SMT is coming along we'll see to it that we can support SMT projects on @steempeak
@wafrica(66)· 2821d
Dear friend, you do not appear to be following @wafrica. Follow @wafrica to get a valuable upvote on your quality post!
@therealwolf(77)· 2821d
Thanks for the update, @ned. Love the idea of SMTs-Lite.

But does the focus on rocksdb mean that the offer from blocktrades is off the table? I mean, currently time is of essence.

But anyway, I'm trusting in your and the team's judgement. Looking forward to the live stream.
@abh12345(80)· 2821d
Are you considering @blocktrades offer to take the RocksDB implementation? The above seems to point to a 'no, thank you'.

Cheers.
@hanshotfirst(80)· 2821d
First of all, this update made my day!

Second, I know very little about development so this question is from a layman's point of view. There are many of us here, so I hope my question will help my fellow novices to understand this process better.

I am thrilled that the two most essential elements are going to be addressed. Is there any way to work on them at the same time so they can both launch asap? Could one of the two elements be outsourced to experts in the community or industry so they can be completed more quickly?
@ehiboss(69)· 2821d
It's really a good thing to see positive feedback from our conments on the last post. Hopefully, everything goes according to plan with the SMT lite and we get steem back on track.
@ayogom(69)· 2821d
I hope that the ETA of development will not be delayed any longer.
@clumsysilverdad(65)· 2821d
All the communication is appreciated.

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@beggars(71)· 2821d
I am really excited about SMT's and thank you for the update. Will there be a blog post coming soon detailing how dApps can best be prepared for when SMT's do launch? Details regarding how one might switch over a currently Steem blockchain driven application to an SMT powered one, best practices from a development perspective that ultimately will make transitioning over as painless as possible.

Love the transparency and thanks again @ned
@kingscrown(82)· 2821d
so @blocktrades and @gtg were onto the point!
@justtryme90(71)· 2821d
Good, Glad to see SMT's are moving forward. This is absolutely essential functionality for paths foward for a variety of applications on STEEM and should, upon release, help provide the economic framework for growth in value of STEEM.
@itstime(61)· 2821d

To make everything come in shorter bursts and as the community has requested

Hey @ned , I am glad you are listening to the community.

Cheers
@malpica1(56)· 2821d
Our friend always showing transparency in his work, always keeping us informed, especially not charging the post, creator and great young visionary, taking us step by step and explaining to the mortals their work path with the equipment they will use, for this complex world in which we are and many of us here that we are neither engineers, nor great creators of projects, this allows us to advance, create and above all be well informed, of the work that you carry both on the platform and outside it, friends please support and continue working on the STEEMIT platform because she has allowed me to meet excellent people, excellent people especially workers, creators and developers .... Always pioneers at work greetings and my respects for my amid NED and for all They read me good vibes a hug.
@fyrstikken(75)· 2821d
Alright, reading and thinking. Hard times requires a Hard Fork. @fyrst-witness
@upheaver(62)· 2821d
Thanks for the update!

It would be great if you and the dev team would consider adding native support for NFTs based on the SIP001 spec here, right after the work on basic tokens is complete:

https://github.com/thesweatshop/tokenforge/blob/master/SIP/SIP001.md

Edit: please see my reply to smooth deeper in this thread for short overview
@inertia(75)· 2821d
SMT-10 soon; SMT-20 later
@cryptojiang(63)· 2821d
I am just happy @ned is upfront about the situation and keeping things transparent
@zemiatin(63)· 2821d
It's great to see these updates @ned.

Communication is really important both in the good and in the bad times. I wouls say that it's much more important in the bad times. Thank you for doing this.

Also, SMTs, Simple SMTs, SMT-lite, it doesn't matter as long as we get them. So this is great news!

Steem on!!!

Posted using Partiko Android
@mazzle(65)· 2821d
Keep up the communication Ned. We’re mostly very supportive of the hard work putnin by you and your team.

Comments · 141

Make money on steemit they said, it will be easy as blogging they said LOL

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