One thing I've never quite understand Robert, and it looks like you have a good understanding... is why is Steem so quick compared to other blockchain technologies?
I've never understood that... because you'd think there would be considerably more Bitcoin and Ethereum mining rigs out there.
@appics looks very interesting. Did you get into the pre-sale? Looks like I've missed out.
STEEM uses a Technology called Delegated Proof of Stake. Doesn't require mining rigs. Users just vote for witnesses who produce the blocks.
As far as @appics. They will have the open ICO in a few weeks. I think.
Thanks Robert... I'll have to look into it a bit more I think... very curious to figure out how the whole witness thing works.
Here is the Bluepaper for a start. Easy Read.
https://steem.io/steem-bluepaper.pdf