Greetings to all.
How's everything going on. Hope you're all doing well. I'm glad to meet you again, today I'll tell you about my favorite blockchain network.

Tell us about your favorite Blockchain network, its history, and why it's your favorite.

My favourite blockchain

I am glad telling you about my favorite blockchain and it is none other than STEEM. STEEM cryptocurrency is based on social networks and the Steem blockchain, which focuses exclusively on creating standard content for the Steem platform where it acts as a social network. Steemit users can share and publish content, and when that happens, users will get STEEM tokens that the general audience will like.

Steem goes through a number of conversions where each user can use it at their own convenience, depending on how each user works on the platform.

STEEM : This is the foundation of the STEM project, the place where users of this social network platform on blockchain receive their payments through standard articles created on the STEEM platform because they are rewarded in this way.

Steem Power (SP) : From my point of view this is the most important process because the user converts the steam into steam power (SP) which the user earns from this process, the higher the voting power in a process will arranging the healing as expected of the award winning article where the user has enough SP then he is able to resume his standard article by voting with perseverance. This process is very important because if he votes, he gets curiosity reward where he teaches users to vote for a standard article as a manager which is amazing.

Steem Dollars : Its value is at a market value of one US dollar where it teaches the user to deposit on the platform and it maintains the blockchain and contributes to its development.

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Let's talk about its history.

The Steem Blockchain was founded on March 24, 2016 by Ned Scott and Dan Larimar (where its main cryptocurrency is Steem) and was followed by the launch of Steemit Inc (where its main cryptocurrency is SBD and Steem Power). However, Dan Larimar resigned from the blockchain a year later and began work on another project, EOS.

Steem Blockchain is based on social networks, and has been growing rapidly worldwide since its inception. But unlike other platforms, it aims to allow bloggers to share any type of content, interact with each other and receive rewards for each vote.

This is a huge advantage that other social networks cannot give you. Steemit over the years is increasing its value every year as more investors come each year more new customers come its market capitalization increases positively over the years.

Why it is my favourite blockchain

Since I discover this blockchain I have been able to open my mind to the world of blockchain through this platform. The Steemit website's simplest interface allows you to quickly learn how and what works here. One week at most is enough to see how participants manage to get rewards for their posts and a beginner can quickly join the ranks of successful users.

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Does the network has some earliest shortcomings and how has the network's team taken care of the problem?

In general, every startup has its failures and this blockchain network does not have to be an exception.
The network was attacked couple of months after it was formed, more than 250 accounts attached to the blockchain chain were affected. In addition, after a massive crash in the crypto space in 2018, the price of steem crashed. To counter such attacks, they have added more security to the blockchain. This has ensured more security on the network.

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What changes do you think would make the network better?

Steem Blockchain is still evolving and I believe the team is working to create a sustainable ecosystem for its customers. In my personal point of view I want to see the ability to buy Steem / USDT and Steem / BTC directly on the Steemit blockchain. And I think this will attract a lot of newcomers and investors to Steemit. Participants can invest directly without intermediate exchanges.

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Write about a Project that is built on your favorite Blockchain.

Steemit is a project built from Blockchain Steem. This is a social network that is a place where your users can share valuable content, interact with other people and add valuable value to the content shared on your blog and can get rewards. For each of your votes 50% is yours and the other 50% you vote for. This will help you to further strengthen your voting power and other users.

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Conclusion

Undoubtly Steem is my favourite blockchain. I can say that this is a great project based on social networks where we are rewarded for our content. Hope you enjoy reading my publication see you next time till then stay safe stay happy.