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RE: SEC S16-W6 || STEEM Tokenomics

Hello friend greetings to you, hope you are doing well and good there.

You said Back when STEEM was started people could "mine" for STEEM tokens. So compared it with treasure of gold and you said people at that time mined many tokens. Yes it's true that before STEEM was proof of work, but now and gradually it got converted into Proof of stake mechanism.

You further say analyzing staking trend on the STEEM blockchain can give us clear picture of how Active and Engaged the community is. Yes ofcourse Steem is working on proof of stake mechanism, do finding it's trend is too much crucial. It have a big impact on the stability of the token.

You have beautifully explained Proof of brain mechanism. You say that Proof of Brain is a reward system that encourages people to create and share high quality content on the STEEM platform. Yes this is true and that sharing platform on Steem Blockchain we called is Steemit.

Your post is amazing as usual,I wish you very best of luck in this contest

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thank you so much for such a long comment

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