RE: Hive Development: About To Cross The Rubicon
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Even though we won't get layer 1 SMTs we are probably still getting the good SMT UX presented at Steemfest a bit over a year ago. See my comment here and the response from @howo: click here
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@howo was right. SMTs will likely end up a part of Hive, just not right now. There is a lot of code written but it was not thoroughly tested. At the same time, the priority right now is a decentralized layer two smart contract platform. Applications like 3Speak are waiting on that.
Thus, SMTs get put to the back burner but you might seen them in HF 26. It will serve as a useful tool for tokenizing the Internet. That said, the layer 2 smart contracts address so much more.
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I think you misunderstood my comment. My point was that the layer 2 smart contract layer will also provide a way to create an SMT with a few clicks, without code.
Yes one can create customizable smart contracts and customizable SMTs if he is technically savvy, but non-developers will also be able to deploy SMTs easily without code.
So technically, layer 1 SMTs are not useful anymore, unless there is a worry that the smart contract side-chain is not decentralized enough.