Crypto Academy Week 7 Homework Post for @besticofinder

Hi! Professor, thanks for the lecture,

This is my homework task submission below.

Homework Task 7
You need to select two crypto currencies and do a fundamental analysis comparing each other. When selecting the two crypto currencies try to compare two currencies which are competitors to each other ( Optional) Compare the factors we discussed in lecture 6 and this lecture 7 decide which will be the best investment option. ( coinmarketcap.com : Token Rank Should be between 100 - 400 range )

1. Read the project whitepaper and compare the concept
2. Compare the social reach , project purpose , team , response from the market
3. Compare Market capitalization, Liquidity and trading volume,Circulating supply ,Active addresses , Maximum supply, Transaction count etc.
   Decide which coin will be the better currency form the selected two currencies. Support your decision with above facts

I will be compering steem and hive as the cryptocurrency which are both competitors in the coin market.

The project white paper of steem

Image source

Steem is a type of decentralized network in which the operations of the users can be seen publicly and it is also recorded.
This cryptocurrency is ranked. In the coin market.
Steem was design in other to support social media or online community in which the users that provide valuable contributions to the community will be reward with cryptocurrency called steem. Thus was done in other for many that are not able to invest directly to cryptocurrency will be able to partake and receive cryptocurrency as their rewards when they add an additional value to the steem community.
Steem provide rewards for the content curators in the community.

The steem community also provide answers to it users questions and also offer a free payment to the user's of the community.
Steem as a cryptocurrency is operate around the us dollars.
The assets on the steem blockchain are Steem, steem power and SBD.
The scalability if steem is built on Grahene which permit over one thousand transactions per second.

Project White paper of Hive

Image source

This is also a cryptocurrency that is base on a decentralized network that is built in a Ethereum blockchain,the hive platform let business connect, upload receive and issue invoice which can then be traded. The token of is known as HIVE.

From the history of the STEEM ,it known from the history that the HIVE blockchain was created by the former STEEM community members, this was done by the use of a hard fork of the STEEM blockchain. On this wise the platform operate on the system that is base on a decentralized network which is more enticing to the cryto world.

This Hive blockchain was a successful one because it is very fast and scalable solution in a decentralized web. HIVE do help in the maintenance of the infrastructure by encouraging the social use for blockchain which is done by social blogging.
A content curator can publish is content on the HIVE blockchain, by this others on the platform can upvote it resulting in a reward, which is paid out in HIVE, to the content creator.

In HIVE as a cryptocurrency ,your value can quickly be move without touching your funds, Hive is also a blockchain that permit you to have a end-to-end encrypted memos with transfers and giving access to your funds safely from everywhere.
As I have said earlier the HIVE blockchain has three native assets which are HIVE (HIVE), the HIVE Dollar (HBD), and HIVE Power. HIVE is the base asset in this platform which can be described as the propellant of the its governance or existence. HIVE Dollar (HBD) help to enhance the HIVE platform and community through rewards paid out to content creators.
While the HIVE power is the capacity that a HIVE participant has within the platform. Any one on this platform with higher HIVE power will more on any given post by the content curator on the HIVE bloblockchain.
liquidity of both coin
The liquidity of an asset is the ability to swap, buy/sell, trading of such assets and many other factors.
Both Steem and hive are widely available for trading and this make the coins to have a high liquidity.
These coins are highly traded in the cryptocurrency community so these give both of them a very high liquidity than other Cryptocurrency in their group.

The screen shot show their present price in the coin market.

But with all this analysis made on HIV, Steem has captured the cryptocurrency community in this manner: with the Steem community on one side, and Tron on the other side which can be related as a centralized vs a decentralized. This gives steem more power over HIV in term of the social reach and the market capitalization and it liquidity.

The Steem operate in this manner: when you receive steem as a reward from the curation reward you will also have an opportunity to earn trons as well at the same time.

But it is not so on hive, so this give more stable liquidity to Steem than hive as describe in the screen shot. Even base on the Rankin steem is still ahead of hive.

Both of this cryptocurrency are competitor of each other, each trying to be the best but as stated in the content Steem is at the higher peak in the coin market for now.

Thanks for reading.

Best regards

Cc: @steemcurator01
Cc: @steemcurator02