The Ingenuity of Steem Blockchain Plus a Million + account Milestone

in #new3 years ago (edited)

Yesterday I wrote about: Steem and Ethereum ranks best blockchain in the world see link here . In addition to the success, this week, steem also reached 1M account milestone (created in the steem blockchain) which shows that the future is bright even though more exposure is needed due to steem superior blockchain technology .

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According to @steemitblog ,

The number of new users joining the Steem platform each day continues to grow, and at an increasing rate. More impressive than the number of accounts, however, is the amount of user activity we have.
• Every day, the Steem blockchain is producing more than a million transactions. That is more transactions per day than all other blockchains combined!
• There are around 60,000 unique accounts transacting on the Steem blockchain each day.
• Steemit.com gets over 250,000 unique daily visitors, and there are hundreds of other DApps interacting with the Steem blockchain, which have large and growing user bases.

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What it means for members:

I agree that success is slow (and thus more work is needed) however we can see that at least something positive is happening in the steem ecosystem. Moreover, the successful implementation of SMT and HFord 20(read my former post) will add more value to the ecosystem –which in return will lead to high steem price. Therefore time to get some steem and power up.

Do you agree? Send in your comments, resteem and upvote in order to send in your support.

See my former post: Steem and Ethereum ranks best blockchain in the world

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Steem is becoming a proven long term real use case cryptocurrency Blockchain. It consistently ranks at the top of ranking agencies. I’m surprised it isn’t in the top ten by now.

Good point, I agree

Steem is moving up gradually and I am positively optimistic that things will continue to improve till steem blockchain and steemit platform take over the crypto space ...thanks for sharing this update with us.

Good point Ronja...thanks for your comment

Hey @charles1 would you still consider investing in STEEM as in trading fiat for STEEM at this moment, or do you think it is a safer play to see what will happen over the next 3-6 months?

Good strategy for steem is to buy when price is cheap and power up...seem should be a long term strategy . Moreover, steem power has many advantages with regard to positive ROI

@charles1 yes I totally agree however what do you consider 'cheap' I bought in about 2 month ago for around $1.80 now it's around $3.00 so I'ma little scared to put in more...

I will be very rich if I can predict the future value in few months time...it might fall or even rise higher than now...however I am sure that you cant see it at its current price by fall this year or next year

Yeah fair enough :) Thanks Charles!

What it means is that STEEM is getting more recognition, these stats are improved, the number of people engaging these days shows that slowly things are changing, and this will raise the worth of STEEM

Very good point, I agree

If Steem is successfully able to launch SMT'd it will bring us to a top 10 coin. Just look at Ether for example and then realize that Steem is able to do multiple times the amount of transactions, fast and cheaper. The future is bright

That is indeed the deal...hope SMT will be successful

Steem is Epic.
Ethereum is doing a great job being labelled as "2nd Gen"

3rd gen ethereum killers like eos and cardano will deminate in the future

Did you know ripple can support similar tech on its blockchain?

Follow @cryptobabes 👈

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Good point, the future of steem is bright

The success that comes slowly remains for a long time...have a good day!

Well analysed...thanks for your comment

thanks to you for bringing the topic! :D

For us early users, now is indeed the time to power up in anticipation of a massive bloom for steem. The future is indeed bright; not just because I believe so, but also because all the indices say so

I agree with you...price is quite cheap now

With all the improvements and additions Steem has had over time, we can have high hopes for it to succeed. Yes, its success can be slow, but nothing amazing happens overnight, right? 😊

Very good point..rather slow and steady than fast and bust

It's not correct to say there are more transactions on the Steem blockchain than on every other blockchains combined because 1 million would be equal to Ethereum + Bitcoin. It's already massive but there are many other blockchains out there.

I am glad I have started using Steemit ! :D

Good point however the figures speaks for itself

Sure, SteemIt is very succesful, no doubt about it Charles :)

Steem is becoming a proven long term real use case cryptocurrency Blockchain. It consistently ranks at the top of ranking agencies. I’m surprised it isn’t in the top ten by now.

Thanks dear sharing this news .

What do you like about the post?

This platform has potential to be one of the most successful social media hub. I am hopeful that this number will increase rapidly. However, we are well behind facebook and other social media platforms. We need to increase the rate of adding new users to this platform. Sign up process should be fast.

f Steem is successfully able to launch SMT'd it will bring us to a top 10 coin. Just look at Ether for example and then realize that Steem is able to do multiple times the amount of transactions, fast and cheaper. The future is bright

I do agree, steem is the first to land on the moon and maybe, start making plans towards Mars... lol

The way is long from launching to adoption. I'd like to find out how EXACTLY they wanna make it happen, cause so far it's just smoke and mirrors.

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Steem to the moon go go go steem

Awesome post! I made this image with the 3D steemit logo so you can use it in your cryptocurrency posts! here's the link to my post images are clean and completely free! just make sure to upvote! have a nice one!

Your post 2.jpg

Steem crypto is based on SocialMedia, its likely to grow as more people join in.