Everything has been written about it for a long time, but so far I am faced with the fact that many developers, and, moreover, the inhabitants do not understand what the main essence of "simultaneous "The execution of several commands by one core of the processor and what problems this brings. Thank you @cryptoctopus

Great post @cryptoctopus.
Great work 
https://cdn-images-1.medium.com/max/800/1*ecBNvO1FAB0qupceh4ZjRA.gif

This Post Upvote Resteem

Am trying to get it, will it benefit all?.

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After reading this has a good relief their that steemit would go hand in hand along with it but does that break it into communities where the reward will get distributed or it will be united enough on a single platform

Exceptional article about SMT reward pools and the way it's planning to function. Described complex scenario in a simple way...!!!

50% Upvoted by @MinnowsPower

"The execution of several commands by one core of the processor and what problems this brings. Thank you @cryptoctopus

I don’t see there being much of an impact on overall inequality or monetary distribution, though I could be wrong and am anxious to see how things evolve.
While newly minted SMT whales may have a great deal of control over the curation and content ordering of their particular niche, they’ll be awarding and distributing valueless tokens unless users have paid STEEM or some other form of currency to acquire that token. That still leaves a scenario where initially SMTs favored by and of interest to current whales will dominate monetary rewards, while most SMTs become points/karma type systems, developing veteran users in a community but with minimal monetary reward involved.

Great post and example with @steemstem / will be looking for first examples that are eventually developed, very exciting for 2018 ! peace

Yeah but why should legit companies use SMT and who is going to approach them to get them to use SMT? It's a nice idea but I don't see it going anywhere if there aren't already companies lined up to use it.

Why should I think SMTs will be any more successful than the smart coins on Bitshares?

This is a great way to look at things. And the most beautiful part of it all is that the Steem currency keeps growing by all of those new platforms being created :)

Thanks for your insight into SMT's. You used a great example of how it could help grow Steemit. When is Steemfest and has there been rumors that it will be revealed there? Looking forward to the implementation of SMT's! I think it will be huge for long term growth on this platform.

the number of users can make the platform a bit common. there should be more moderators. but also the whales are the cause

We are planning to do pretty much exactly what you describe with our community, <a href="https://discord.gg/CwhuPyz">The Writer's Block</a>. Do you see most of these communities forming on a platform like Discord and linking back to Steemit, or are you saying these communities can actually exist, owners, mods, and all, on Steemit's front end?

Thats quite insightful but I like this bit from your post: "only a handful of communities were curators will hangout to maximize their profits". If this happens, I tend to imagine how difficult it will be for users to grow. Awesome analysis.

Hahah I'm confused now. Everytime it seems I read a new article I think that SMTs are either better or worse for the steemitsphere. I worry about dilution, but can see your points. I've joined a few communities that I enjoy being a part of and though it will be nice to be able to better set-up said "heirarchy" I worry that steem will be the only reward that matters.

@cryptoctopus it is extremely incredible what SMTs will do for steemit, the steem blockchain, the entire internet, and thus the impact in the world. This is something unseen, and it will be huge, revolutionay, totally disrupting. 

Really glad to be living on this times, and that we'll be able to see its impact and take some participation on it.

Regards, @gold84

Hhhhhh great post friend

This is a good analysis and an easy breakdown for the layman to understand. But where I am having trouble is that if everyone creates a new token then where is the value in that? It seems like we would just be diluting the pool with all these new SMT's. Having said that I do agree that something needs to be done as whales, or groups of whales can game the system fairly easily and that is a big discouragement for new members.
tip!

@cryptoctopus nice review of SMT and how it fits in!  I did not know about the mobile app coming and am very happy to have learned of it here!

Great post  :)

I hope all these changes will help users grow and not struggle because it would be even more difficult for new users to grow and I'd like more people to join and not run away. It's truly an uphill battle

This is an interesting idea and one which @steemstem should take into serious consideration. We certainly do want to make use of an SMT, and coming up with how to best apply it to benefit the project both now and set it up for longer term success is important ... This (your suggested application) is one such way to go about it and it sounds like it could really work well. I honestly need to read the white paper a few more times and try to let the potential for a token sink in to my mind better than it has thus far.

That's pretty cool to know thanks for the tips by the way :)

As all mysterious, intricate and intriguing.

Everything I wanted to answer has already been answered by @justtryme90. We have discussed the option of creating a steemstem SMT and we will probably do it at some point. But before, we must calm down and think deeply about how to put everything in place. In short, it is just a matter of time! :)

PS: thanks for shedding light on @steemstem by the way ^^

Excited about updates to the Steemit UI

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Exceptional article about SMT reward pools and the way it's planning to function. Described complex scenario in a simple way...!!!

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hopefully this will benefit the little guys, because that's where the hope and future is. If the normal everyday people benefit it will be a game changer

You are absolutely right mate, I also feel with the introduction of SMTs, each community (foodies, travel, science, research, gamers...) can create unique tokens to reward their best supporters/contributors. They will no more just rely on the reward pool of steem.
The possibilities will be just amazing with SMTs.
Great write up again mate!

thanks for the information

Awesome analysis buddy ! you made it some my doubt clear in this post  very well .but still i think may be this will increase struggles of new user.now i am thinking ["good < = > worse"] about that is this good for steemit or not.
All i can is that
I wish this will help the whole community to grow as you explained.
Thanks for the explanation that's help me lot not only me actually this will help all the readers.
keep posting

amigo #resteemia at your service

https://steemitimages.com/DQmTaeu1hW1bejXwCWUWuB9Lp5WgFZ6nDmWULfZLeEYV4MP/steem-moon.gif
smt will bring steem to the moon ;) nicely explained about reward pool concept @cryptoctopus

ReSteemia
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