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RE: STEEM Token Protocol (STP-1)
I posted some links here. @biophil created a "Proof of Concept Electronic Token (POCKET)" some years ago, and I believe it was even trading on bitshares at one point. His PoC didn't require any grant of posting authority. I agree with your point about SMTs, but only if there's a realistic chance of seeing them move forward. It's not clear to me whether that's the case, so I'm on board with exploring other solutions, too.
The links in your linked comment are very interesting. More reading material for me :-)
That would be much better. I will definitely have a look at it. I still plan to read the posts of some specific people anyway. I started with one who was once a top witness. But nothing gets lost here :-)
Maybe we should use MIST to make the follower network strength into a layer-2 blockchain parameter? 😉😉😉