RE: Ned Scott and @theoretical of Steemit Explore Oracles on Steem
So, is this something that will be considered as a feature enhancement for the future for SMTs, or are you saying that this is going to be implemented prior to SMT launch; if it is the latter, I can't help but be concerned that this is a stalling tactic on the road to actually releasing SMTs.
Is there an estimated timeframe for the release of them that is currently being projected (as the alternative to Q2 2018, which was what was originally projected)? :)
I just know that SMTs will be so enriching for the community and am very eager to see the implementation asap! The longer that it takes, the more competition EOS and other chains will be.
I noticed that there are some awesome updates on https://steemit.com/steem/@steemitblog/steemit-blockchain-team-update-appbase-rocksdb-bandwidth-hf20-smts-and-more regarding stories for core functionality of SMTs and it points out that the team is working hard to ensure we get a testnet and functional SMTs soon, but if you, @ned, could provide an estimated timeline even (not even necessarily a firm commitment), that would be extremely uplifting to the community, I think. :)
We will give timelines on our timeline :) Oracles are not a stalling tactic they are a simple addition to the protocol that will expand its utility by an order of magnitude. We strive to build blockchain and crytpocurrency technologies that provide value to entrepreneurs and developers in the here and now. We believe our success speaks for itself, welcome all "competitors" and wish them luck. We are about accelerating the adoption of blockchain technologies and everyone who wants to add value to that effort is welcome. Forecasting projects is a project unto itself, and it is one that is currently ongoing. When that project is completed and we are confident in the results, we will disclose those results to the community. But not a moment sooner.
Im sorry to say, but hurry. Once bot owners take over the top 20 witnesses there will be nothing you can do they will accept if it hurts their bottom line.
Hey @andrarchy, thanks for the clarification! :) I appreciate that you guys are being transparent about this! Believe me, I LOVE Steemit/the Steem Blockchain and I think that it will be one of the top 5 blockchains by market cap and I actually consider it THE MOST SUCCESSFUL of all blockchains from a user adoption/effectiveness standpoint currently (as a blockchain, that is). I think that Ethereum is the only one that holds a stone to it and I think SMTs will completely solidify Steem in the top spot for utility/adoption. I completely understand that the most important thing is that SMTs are Stable and Useful, so if it takes the Steemit team more time, so be it. Security and Stability are extremely important, of course.
Sounds like we're on the same page! Good to meet you @biddle