Open letter

As it pertains to technology

The Steem blockchain might be unmatched at the moment. What other currencies have three second fee less transactions, and enjoy the privilege of a blockchain who does not struggle much, even on the highest traffic days? In this sense it’s easy to admit that aside all the challenges it may face, it stands out from thousands of other projects who might enjoy a higher valuation but lack any usable implementation.
Our Steem currency also has something very valuable in the way of development. Given the fact that not all development is handled by Steemit Inc, but a considerable amount of work is done by witnesses and other independent efforts. This is also not common among other currencies, and curiously enough it should be.

The ideas proposed this year, the possibility of SMT’s might be the way Steem can effectively attract investors by creating a separation wall between the challenges that Steemit currently faces and the platforms that these new tokens could facilitate. If that means that Steemit the website will lose some attention remains to be seen, but it’s possible that outcome is actually desirable.