Umm, could you please explain Graphene blockchain technology? I'm truly interested in the article but you have written it with the assumption that the reader knows what it is. Perhaps I should but I don't. Maybe a sentence or two explanation? I googled http://docs.bitshares.org/ but perhaps a briefer explanation please. :)
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In short.
Graphene is a unique decentralized blockchain technology that can be used to make a coin, but it also is capable of building social media upon, like Steem(It). And things like assets, smart contracts, and so on. Think Bitshares, Muse and etcetera.
What makes Graphene one of a kind is that it can scale quite easy. Transactions are handled instantly and there are thousands per second possible. And if the decentralized network is willing, even more. It is a solid base for many applications, like Steem(It).
Do not know if this is any help for you, if you need more clarification or indeep explanation let me know. And ofter other helpfull Steemers will jump in too, to help.
Aha, I am supposing this is why so many Steem blocks can be generated so rapidly. I may or may not be on the right track on that.
Your brief explanation was very helpful, thank you.
Yes, that is indeed the case, you are on the right track.
Glad I could be of assistence, you are welcome!