I'm sure you're referring to well established coding practices when you mention "follow industry standards." It's just a funny phrase to use in this context, where we're literally doing something that's never been done: develop a decentralized, no-fee, stake-based, content platform that is regulated by delegated proof of stake.
You know what I mean? What industry standards?
I know, you mean code review, full specifications, and such. But what do we check those against?
So yes, we should demand more from all of the witnesses and Steemit, Inc., but we should temper that demand with the understanding that this has never been done before, certainly not on this scale.