Ten Reasons I think Steemit is one of the best blockchain!

in #shortsegments6 years ago

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I read a great article by shortsegments about the Steem Blockchain and I think these are ten fabulous reasons to love the Steemit Blockchain so I recreated them here with attribution to @shortsegments

Ten Good Reasons to be impressed by the Steem Blockchain:

  1. Steem features zero free transactions
  2. Steem features 3 second transaction times
  3. Steem uses easy to remember wallet names to transfer funds to individuals
  4. The Steemit social media application has over one million registered users
  5. Steemit social medial application has over 200 “Dapps”
  6. Steem blockchain has the record for the most transactions in one day, at 500,000. That’s more then Ethereum, Bitcoin or Litecoin.
  7. The Steem blockchain is currently using less than 0.5% of its capacity, and so it has masses of room for scalability to support applications which might require high volumes of transactions.
  8. The Steem blockchain offers a decentralized token exchange, similar to the Bitshares exchange.
  9. The Steem blockchain has a history of one persistent chain as a result of clear and specific rules for how a change in protocol occurs. It is unlikely to result in a fork like Ethereum or Bitcoin where multiple chains result as a fork, and therefore provides a certain amount of stability.
  10. Steem is in the top 50 crytocurrencies by market capitalization.

It’s a great article and it gives me great faith in the Steem Blockchain.

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Nice post!
Thanks for the compliment.

Great post

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