Steem blockchain works on an one-of-a-kind version incorporating Delegated Proof of Stake (DPoS) as well as Proof of Brain (PoB) where witnesses confirm purchases as well as material developers get incentives based upon their payments. Witnesses elected by stakeholders validate deals, guaranteeing honesty and agreement. Individuals' material interaction identifies incentives cultivating decentralization coupled with incentivizing involvement. You have taken all of these details very clearly in your article. Good luck for the contest