Wow, a year later and the value of steem has again increased. At the time of this writing bitcoin was valued at $38 and Steem .26 cents. You said then, you’ll say it now, take the time to learn.
Even in your brief description, I had to click on all the links for further explanation. From the Blockchain technology being based on grapheme and PDOs to learning about the early days.
It’s a lot of to take in and even after being here a year it’s still confusing. On top of that, I do have a question about the witness. Why do the witness decide on the hardforks and run the servers and not the company steemit.inc? If this platform is open source and decentralized, wouldn’t having a top twenty witness make us centerlized?
The witnesses are voted so it's decentralized. Steemit Inc is a company with centralized governance. I'm glad you liked this post.