I also thought SMTs would be stored on the Steem blockchain. They even use bandwidth from Steem and support on blockchain automated marked makers. They also need no own witnesses because of that. So how does this actually work when they are seperated?
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Rightttt this is not good. This could be one of the biggest misdirections of a community in a while. I think the community deserves an answer. If not a good lawyer team could do some work with this one.