"SMT's" Finally Here But They Are Not Made By Stinc!
steem·@runicar·
0.000 HBD"SMT's" Finally Here But They Are Not Made By Stinc!
Everyone that has been here for a while knows that Stinc has quite a long track record of over promising and under delivering. This negative trait is of theirs is ever present on this chain of blocks and it is especially visible in the inability to deliver SMT's which is halting the development of many projects that relied on their promise to deliver which of course, they haven't. While many of us are frustrated about their complete lack of competence and outright abysmal chances of Stinc delivering "SMT's" in 2019, some users took matters into their own hands and decided create SMT's on their own, and they did it! <h3>I'm more than proud to present to you the work of @yabapmatt, @harpagon and @aggroed called STEEM ENGINE.</h3> <center><i>* Plays drum roll sound *</i></center> <center> </center> ### [STEEM ENGINE](https://steem-engine.com) > Steem Engine is a smart contracts side-chain platform for the Steem blockchain. This means that it can execute custom smart contracts based on data published to the Steem blockchain. This allows us to do things that are not currently supported by the Steem blockchain, such as creating custom tokens, or literally anything else achievable with a smart contract. > Steem Engine uses the Steem Smart Contracts software created by @harpagon. The software scans all blocks added to the Steem blockchain for transfers, custom_json, or even comment operations that contain a certain sidechain ID. It then executes the smart contract function specified in the operation data and packages it into a block which is added to the sidechain. It also maintains the current state of the sidechain and all smart contracts running on it which can be queried using a familiar RPC API. No, you aren't daydreaming, this is real life! For a "small" fee of just 100 STEEM (to prevent creating worthless coins which will be used for nothing) anyone can now create their own STEEM-based token! <center></center> > The fee is meant to be large enough to prevent people from creating tokens they don't plan to actually use, but small enough to not be a barrier for any serious projects. Don't let the fee discourage you though, because if you have a good project and you cannot afford to pay the fee, you can [contact them on Discord](https://discordapp.com/invite/xWRYB9s) and they might be willing to cover the costs for you. Additionally you can play around with issuing your own token on [their testnet website](https://qa.steem-engine.com/), for free! <center></center> Another point of excitement I would like to share with you today is the fact that as you are reading this, an exchange is being build to work together with Steem Engine and the devs behind it are currently in the talks with Netcoins to create fiat entry points. <h4>https://freedomex.io/</h4> > Freedomex team had another meeting today with the Netcoins team. We are close to finalizing our partnership that will give us fiat deposit/withdrawal capability with steem/usd steem/can steem/eur. I'm out of words to describe how happy and enthusiastic this makes me feel. After hearing nothing but FUDnews about the Steem blockchain for the past couple of months, this beacon of light should serve as an extreme point of optimism for even the most pessimistic of STEEM HODLERs. <h4>Now go out there and create your own coin! </h4> Just kidding, don't do that. We don't need a whole bunch of worthless shitcoins on the block. What we really need though, is to get projects like @steemhunt, @actifit, @dtube and all of the many others that were frustrated about Stinc not being able to deliver on their empty promises, to make their own coins now and start creating value for them! <b>2.2.2019 is a great day to be a Steemain </b> and I feel like we are going to get many such days in the future. Let's mark this day as one when the FUD finally diminished, or at least lessened in intensity and nothing but good news, fast-paced development and optimism, followed. Buckle up because we are in for a one hell of a ride. ### When Moon? I don't know but soon Lambo, that's for sure.
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