Blockchain Breakdown: Bitshares passes STEEM as the #1 blockchain!

in blockchainbreakdown •  7 years ago 

Screen Shot 2018-05-11 at 9.01.18 PM.png

According to blocktivity.info Bitshares just passed STEEM as the top blockchain handling the most global transactions!

Screen Shot 2018-05-11 at 8.51.27 PM.png

If we take a look at the chart above, we see that both Bitshares & STEEM have little to zero congestion, while Ethereum's CUI is maxed out! ⚠️

Screen Shot 2018-05-03 at 4.07.17 PM.png

As always, both Bitshares & STEEM are handling almost twice as many transactions per day than any other blockchain, but still both combined still have less than 1% of the total global market cap!

Screen Shot 2018-05-11 at 9.01.56 PM.png

Conclusion

Bitshares & STEEM were both created by Dan Larimer, and so was EOS!

So it doesn't surprise me that they are all the top performing blockchains, and even though STEEM is not at the top, it is still blowing every other blockchain out of the water!


STEEM GIF Source: @overkillcoin

Let me know what you think, and thanks for checking this out!

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Disclaimer: I am not an Investment Adviser, and this is not investment advice. This is for entertainment purposes only!

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When EOS start in June, all Dan's projects will be far away from competition...

Exciting times! 😝

Steem and bts are real onchain platforms. Others didnt reach to this level yet.

True they can't yet compete!

dear @stealthtrader
It is true that even though the best blockbank and even STEEM are not at the top, it is still blowing all the other blockchains away from the water!

Agreed!

Totally agree with you...
I also believe Steem (and Steemit) has a bright future...

Have a great day, dear @stealthtrader...☕❤

Even though Steemit is almost 2 years old.. I think we are still just in the beginning! 😜

Exactly ... steemit is still at a very early stage ... and many people (especially in non-European countries) still do not know about the benefits of Steemit...
I am sure when they know, Steemit will be more popular than the older Social Medias...
Why? Because here our knowledge, skills, and creativities are appreciated properly...
Besides, we also still can make true friendships like in the older Social Medias...
Another things that make Steemit very promising is that it is very transparent, democratic, &decentralised, so that everyone can control the community...

Cheers...☕🤗❤

Hi stealthtrader,

Why is Steem not priced higher and not ranked higher on the block chain?

It baffles me everyday, but if you look at Ethereum's marketcap it is 100x STEEM's market cap..

Screen Shot 2018-05-11 at 9.45.44 PM.png

However, STEEM handles for more transactions than Ethereum!