Great meeting. Since no one seems to want to pick up the work on layer 1 SMTs at the moment, I was thinking about this possibility: For a long time we were comparing the possibilities of layer 1 SMTs vs a second layer smart contract solution for ALL SMTs, but what if there is a third option?

What if every dev who wants an SMT simply creates his own sidechain. This would allow him to implement all the smart contracts that he needs, and would remove the reliance on hive-engine.

And this would be as decentralized as hive-engine currently is, if not more, as soon as the code is open-sourced.

This would be made easy by @blocktrades work which will facilitate second layer developments on hive in the next few months.

What do you think of that? I don't know all the technical consequences of that would love a comment from you on that.