Thanks for your clear explanation -- but it sure raises a lot more question for me! The value of Steemit, from the white paper, is supposed to be in the speed and reliability of the blockchain. If it's not meeting expectations, that would be an issue.
I see comments all over the place about failed transactions recently. It seems like much more of a problem than it used to be. Is there any sense of why this is happening more frequently in just the last week or so? Is anyone even tracking how often this is happening? Are more witnesses failing on their end, with underpowered equipment? Is the system up against the limits of its transaction processing capabilities?