HF20 brought fundamental changes, which are needed for a robust Steem Ecosystem.
For example the new Resource Credit system, instead of bandwidth, is important for Steem and SMTs.
Additionally, quite a few changes in HF20 were bug-fixes and removals of outdated rules.
@therealwolf, you may remember me. I'm stupid when it comes to all this crypto talk.
What is this "SMT" that is starting and a foundation being laid down for?
Please help me understand more. Thanks
Maybe THIS will help you.
Thanks for trying @b-s. I got SOME information I could understand but,
It is still as clear as mud.
How does this benefit ME, the USER, how do I get more
$ out of it, me, who hasn't made a single dime of USD in the
13 months I've been in Steemit, me who last Autumn saw
my account value at almost $5,000 USD, but which is now
below $1,200, despite the fact that I've been continually
adding pennies per day, but withdrawing NOTHING?
How can I understand this?
How can I benefit?
What do I do to utilize this?
These are the things I need to understand.
Would someone Please write a short, concise
white paper explaining things in layman user terms?