I still don't see how mass adoption is possible. All it takes is one wealthy individual to power up substantially more millions than everyone else and we have ourselves a dictator who can control the witnesses (even by bringing on friends with massive SP) making the entire platform change to their whim.
At some point, the only result is what everyone has complained about this whole time, the rich drowning out the poor
Steem the blockchain could be taken over that way, but the SMTs? If that some person tried to force the witnesses into something, it would kill the investment made, but the only way to stop SMTs is to stop the chain.
Well until I see SMTs officially released, It's my belief that they will never exist (ignore the 'claim' that the first real SMT was already 'made'... wake up sheeple)
What was the first SMT?
I think GTG just made one during testing, it was in one of their pinned updates a week or so ago
Ah. I think there will be more on offer later :)