Each ‘track’ is a monophonic voice. It can make one sound at a time and the sound happens when the sequencer associated with that track tells it to play. For each trigger from the sequencer, many parameters associated with the sound can be set - pitch, effect settings, start point, sampler stuff. Also, you can set which sample will play. It defaults to the one you have loaded but it can play different ones instead. When you use this feature, you lose a modicum of control over the sound, but just a smidge. Then multiply this by 8 tracks.

Ignore the 8 MIDI tracks. These are almost the same thing except they control external synths or perhaps an MPC or other sample player. Or, you could send out control data to an effects box that takes MIDI. Whatever. The MIDI tracks are differently powerful and better than any of my other sequencers, but the integration between the sequencer and the sampler is tight tight tight, while the MIDI features integrate the sequencer with an unknown third-party synth or whatever. You send control messages over a thirty year old cable and hope for the best.

So the secret sauce to the OT is the sequencer. Press play and that running red light becomes a task master forcing you to stay a step ahead of it while attempting to be musically interesting.

Expect nothing from OS updates. Elektron keeps it interesting but they’ve also got new kids to care for and trends are changing. If we OT owners get lucky, they release an OT Keys or Lady Gaga shows up on stage with one and it gets renewed attention.

This mono limitation does not exist as far as I’m concerned. The tracks are monophonic, but it is not a limitation. Could you imagine the muddy mess a polyphonic bass synth would be?