Hello Steemians, welcome to the 4th installment of our progress report on SMT development. We’ve made steady progress this week!
This week we’ve continued our focus on the Automated Actions Framework which allows us to solve the problem of generating SMT emissions without those emissions having to be user-driven. This means that a timed chain of events, such as inflation, can occur without manual intervention for a SMT. The goal is to make it as easy possible for people to create their own cryptocurrency that will autonomously bootstrap their community‒and its own value‒without creating blockchain bloat in the event that some tokens fail. The goal is to create tokens that work great when fueling vibrant, engaged, and valuable communities, but that effectively shut themselves down when they do not.
SMT scope added this week:
SMT work completed last week:
The blue dots symbolize the number of points that we have completed for SMT development. For those who don’t know, assigning “Story Points” is part of Agile Software Development. They are a “unit of measure for expressing an estimate of the overall effort that will be required to fully implement a product backlog item or any other piece of work” and determined by using a Fibonacci Scale.
At the current rate, the team could be back on track as soon as 2 weeks from now.
No promises :)
The Steem Blockchain Team
Our goal with this series is to bring even more transparency to the development process of Smart Media Tokens. In addition to these weekly reports, you can follow along on our GitHub project organization and tracking system for SMT development which is (usually) updated daily.
