@hatu, you have an incredible amount of information in this post. First, thank you for clarifying some of the issues facing the blockchain space. From the failure of many ICOs to deliver to the lack of mainstream adoption. We seemed to have lost track of the core reasons we rushed to blockchain technology in the first place.

And, let's be clear, blockchain is not the end all answer. In some use cases, a centralized environment just works better and makes more sense. Too many seem to be forget that while blockchain technology is growing and patents by major corporations are acquired, it shines in very specific cases. It will not cure all the ills of the world.

Also, I think we need to remember that major corporations are now entering the crypto space. And, this will forever change the landscape. Not to say that it is good or bad, it is just what it is.

As for Lition, this sounds like an interesting project. While I intend to research, at the onset it seems to have or be striving for some of the qualities that EOS is targeting, another progressive blockchain with big bucks behind it.

Thank you for the very informative post.