This provides some insight into how we think about blockchains as a technology. We do not believe that blockchain’s superpower is “smart contracts.” Just because code is executed by a decentralized network of machines does not mean you can trust it. Whether it is code or content that is stored on a blockchain, what matters is whether that information has been independently verified.

Does this mean you will never develop smart contract capabilities on Steem or you are trying to develop it in different approach (verifiablity of data after code execution is more important than on-chain code execution of smart contracts?