SMTs should be the highest priority. Right now limited Hive development resources are focused on solving scaling issues which we don't have.
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SMTs should be the highest priority. Right now limited Hive development resources are focused on solving scaling issues which we don't have.
Do you have the links to what they try to fix on the scaling issues?
"Scaling issues" is the term referring to all hive infrastructure improvements that are focused on making system run faster/cheaper.
@gtg about the upcoming hardfork: "IMHO it will have a way bigger impact on the Hive infrastructure than the release of MIRA and Appbase combined."
The interesting thing about reducing scaling costs is that it drives the price of token down (not up), because witnesses will be able to sell their newly minted tokens even cheaper.
Take Bitcoin as an example: as competition for mining increases, so is the cost of mining, thus limiting miners from selling Bitcoin below certain price.
SMTs with AMM require HIVE as collateral. This is an efficient HIVE sink, but it is not a passive sink (vs. lower inflation) , but an active stimulus for projects - very powerful motivator for new app projects (token enables independent ecosystems).