Sort:  

That was jettisoned when they laid off 70% of their workforce. It does appear that aggroed and some others created something that will work called Steemengine. I don't know the specifics, but figure we will see more on it in the coming month or so as others test it out.

What do you mean with "jettisoned"? Is this CoinmarketCal entry not up to date anymore?

Posted using Partiko Android

About two months or so ago Ned announced they were letting 70% of the staff go.

https://steemit.com/steem/@ned/2fajh9-steemit-update

They needed to restructure, and in the comments he was asked about the SMT and admitted that they were on hold as they worked on more pressing issues (keeping the lights on).

They have made many advances that are helping them cut the costs since this announcement. But I think at this point it has sunk in that a more conservative approach is needed for them. I do expect them to get back on track, but for now they are to be congratulated for finding a more cost effective way to store/run the nodes.

Like i said, Aggroed and a couple others teamed together and have something similar ready now (it isn't quite the same but I am to ignorant to say why) that should work for many as we wait for the SMT from Steemit.

Thank you for this detailed information mate!
I will do some research about that!

Have a nice day

XCHNG