The Future Of Steem
The Gist
Steem is a cryptocurrency and social network which reward its users for the content they create. Every 3 seconds new Steem are created and distributed. Each Steem are currently valued at more than 26 cents and can be sold on many exchanges . Currently there are ~64,000 new Steem created every day or ~16,000$. Details about who receive those newly created Steem are under the sub-title name "Steem Rewards" and "Reward Pool".
The Technical
Steem is based on graphene which is based on DPOS as opposed to POS and POW . Steem is an open source software. It was launched on March 23 2016. Steem can currently process more than 100k transactions per second as opposed to around 7 for Bitcoin. In the future it should be able to process millions of transactions per second. Due to its decentralized nature Steem can't be censored or tampered with by any central authority.
Nobody compares with the compatibility of STEEM. It has multiple platforms, multiple developers, multiple audiences, and multiple potential uses, for multiple audiences. Other blockchains offer a unique niche of storing, sending, and receiving value. But Steem continues to evolve technologically and creatively.
Consider Amazon, a media juggernaut, which has a variety of revenue streams. They offer online shopping, provide publishing for authors, music hosting and purchase, and have stepped into the big boys game of Hollywood by producing their own movies and tv. Tesla has already given us hope for electric cars, now they are providing more and more jobs by empowering the energy sector, and space exploration. Facebook and Google's Alphabet are two other companies worth noting. What all these companies have in common are mulitiple moving parts that serve the companies greater good. Ford and GM cornered the market on cars once. STEEM, while only a year old, continues to show forward thinking growth while inadvertently cornering the market.
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https://steemit.com/steem/@teamsteem/steem-an-in-depth-overview