No, I am not referring to price although that could happen.
We all know the markets have a mind of their own and do things, often, counter to what is truly taking place. For that reason, it is best to look past the pricing action to see what is really going oin.
The last week witnessed incredible announcements about these two blockchains. Coupled with the introduction of EOS just around the corner, it seems as if the 
I wrote a post about this that can be viewed if you missed it.
https://steemit.com/steem/@taskmaster4450/ned-steemit-is-creating-an-smt-only-real-humans
Smart Media Tokens are going to be a gold mine for STEEM hodlers for a couple reasons. To start, anything that is created on the STEEM blockchain will require bandwidth which means that STEEM is going to be needed. At the same time, since STEEM is the main token on this blockchain, it is available to use on posts no matter what the application. Hence, STEEM hodlers can use their STEEM to upvote any post regardless of whether there is another token or not. STEEM can always be used.
Another reason to celebrate is because the we are seeing STEEM closing in on 1M users. This is quite an accomplishment although not one that is the focus of the development team. They, instead, are focused upon getting things established to make the STEEM blockchain attractive to developers. This is truly what is going to drive the population of STEEM to great heights. Being developer friendly is crucial. They are the ones who are going to create the applications that are marketed to the general public and attract people.
It is also an approach that Bitshares, or more specifically, the Bench team, is doing.
That team decided to create a blockchain that, according to 
I put together a couple of articles on this.
These are revolutionary changes that all seem to be lining up at roughly the same time. I believe we are going to see the introduction of EOS, the Bench blockchain, and SMTs all introduced within a couple months of each other.
Both STEEM and Bitshares were attacked over the same thing: lack of marketing. People feel that other blockchains did a better job getting the word out there. This is true. However, most of these blockchains lack something that STEEM and Bitshares have; revolutionary technology to truly change this industry.
For months I have been saying that SMTs are ERC20 on steroids. It is unbelievable what a company gets when they decide to use the SMT protocol to create a token. When this comes out, I wonder if anyone will use ERC20 again.
The Bench blockchain is simply going to be amazing. When on it, it will appear as if every other blockchain is housed on top of Bench. This includes any other blockchain that is built out using the EOS technology. Bench is ensuring that all BTS products and applications are available on every EOS blockchain.
I wrote about a month ago how the industry was changing. There is a lot of promise tied to blockchain technology. For the past few years, we heard a lot of forecasting about what is possible. 2017 saw a huge run up in cryptocurrencies based upon that potential. However, 2018 is the year that blockchain is going to have to put up or shut up.
Presently, we are seeing companies (individuals) investing real world resources along with time into building onto these blockchains. They will not tolerate empty promises or delays. This means that those blockchains which have the ability to perform are going to be in a wonderful position.
One thing the
To put that in contract, Salesforce was able to do 24K per second in 2012 (Amazon did a few hundred) equating to over a billion per day.
https://apttus.com/blog/salesforce-by-the-numbers/
Yet each of these blockchains is going to have the ability to many times that.
Finally, for all those who were worried about EOS being the death of the STEEM blockchain, this is now off the table. One thing the Bench blockchain is going to enable is for developers to create cross blockchain applications. Hence, anything that is designed for STEEM, if traffic is a problem, can be switched to Bench. In fact, certain applications might designed for that purpose, such as gaming which would benefit from the higher speed.
No matter how you break it down, the last week confirmed that both STEEM and Bitshares are on the launching pad with the boosters starting to fire up. By this time next quarter, I imagine you will see EOS, Bench, and SMTs all released.
And when that happens, the
If you found this article informative, please give it an upvote and resteem.