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RE: Steem Is Now Officially "The blockchain for Smart Media Tokens and decentralized applications"
It's great to see Steem being more than just a social media blockchain. I'm excited to see developments in the future.
STEEM is also a decentralized exchange...something that most people overlook.
We are seeing a world that moves away from centralization.
All tokens created using the SMT protocol are going to be paired with STEEM and, I presume, traded on the internal exchange on this blockchain.
It is a self contained, open source unit.
"All tokens created using the SMT protocol are going to be paired with STEEM"- So, any other cryptos that comes up the idea of SMT now, must pair to be traded with STEEM. Did I understand the way you are trying to put @taskmaster4450? Or, is it still a different thing?
You are understanding it correctly.
Any token created under the SMT program, they are paired with STEEM so they have liquidity.
And since there is a decentralized exchange on this blockchain, it is one area where they will be traded.
Thank you for this information @taskmaster4450
That's actually a good point @taskmaster4450, I keep on forgetting that even though I just picked up quite a bit of Steem from internal market for the past several months.