A W3C standard has to be open. Macromedia / Adobe used their EULAs and IP law to fight all third party swf renderers. Macromedia / Adobe thought they had somet

A W3C standard has to be open. Macromedia / Adobe used their EULAs and IP law to fight all third party swf renderers. Macromedia / Adobe thought they had something too valuable to share, so now it's dying. Also binary formats aren't as great as you think for vector formats that need to work between software written by different devs who don't have access to each other source code. Problems become very difficult to debug. EPS files are also text files.