RE: The Timelock Function - It was written - We want it, Proposing to implement it!

[bronevik]

@fyrstikken - thanks for your reply but..

• We need to think the scaling problem out. Time is short
• We need far better frontend
• Bandwith issues starting to affect minnows left, right and center
• We have voting bots on a loose which break the whole content ranging system
• SBD unpegged from dollar and doors to real commerce on STEEM platform is shut.

And these are only the worst problems. SMT will make things worse, not better.

Comments

[fyrstikken]

are you not making money on all this?

[bronevik]

I see potential far greater than any short-term gain if these problems would be solved.

[fyrstikken]

Well, those problems can be solved. But with an SMT market that will require capital, a system to secure that capital is IMO needed so we dont end up like bitshares without liquidity because people prefer bittrex with 2FA locked in instead of holding coins on the internal marketplace which is only a lost active key away from being stolen...

[bronevik]

It is recommended to use multisig wherever possible in SMT whitepaper.

[oldtimer]

Very good point. Even bitconnect has 2FA.

[freebornangel]

I agree, the long term needs to be planned for, this short term crap is getting tedious.