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     8 years ago  
    • No fees
    • Almost instant transactions
    • Easy to remember and verbalise addresses rather than long codes of random characters which have to be copied and pasted
    • Scalability, the STEEM blockchain is currently running at 0.3% capacity despite being the joint most used blockchain
    $1.28
    • Past Payouts $1.28
    • - Author $0.96
    • - Curators $0.32
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     8 years ago  

    But it's still blockchain right? If Steem got to be as popular as Bitcoin wouldn't we see the same transaction time issues?

    Definitely true about the addresses though...

    [-]
     8 years ago  

    Potentially but that's a hell of a long way off, the STEEM blockchain is currently doing more than double the transactions of BTC but only using 0.3% of its capacity

    http://blocktivity.info

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      [-]
       8 years ago  

      no because it is so much more efficient. Steem could easily handle all the BTC traffic without any drop in speed.

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         8 years ago  

        Hold on. I have heard steem is designed to double supply every year. Every 3.32 year, there is a 10:1 reverse split. This can not be a currency.

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           8 years ago  

          I think the inflation rate started at 10% per year and will drop by half a percent every year until it settles at either .5% or 1%. That's what I've heard anyway