The growing rate of the Steem is on a fast pace a quick fix to scale the issue faced by the Bitcoin community. Steemit is a decentralized social media platform, in which the posters and voters are rewarded online and the digital currency behind it is Steem.
One of the hot button issues in the community is to scale the bitcoin. Under this process, the block size from its current form is increased, in which up to seven transactions in a second are supported by the network to process such as PayPal have the ability to process around 100 transactions in a second whereas the Visa have about 4,000 per second.
You can find more info here:
http://bitcoinadvice.org/2016/07/20/steemit-great-app-drew-1-million-bitcoin-users-year/
I look forward to when steem overtake facebook
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