Why not STEEMpay? 💳

in steempay •  7 years ago  (edited)

Screen Shot 2018-03-08 at 1.47.56 PM.png

So we have a Litepay card coming that will allow people to make Visa Debit Card transactions using Litecoin, but if we take a look at Blocktivity.info we can see that Litecoin is handling far less transactions than the STEEM blockchain, and they are already starting to see congestion on the Litecoin blockchain.

Screen Shot 2018-03-08 at 1.31.42 PM.png

So with Litecoin only handling 37,371 transaction per day, and STEEM handling 1,738,292 transaction per day.. That means the STEEM blockchain is handling almost 50x the amount of traffic, but with litte to no congestion at all!

Conclusion


So with these crypto debit cards becoming popular we have already seen Bitpay as well, which just started allowing users to use Bitcoin Cash to load money, but even the Bitcoin Cash blockchain is handling far less than STEEM..

Screen Shot 2018-03-08 at 1.41.57 PM.png

So all in all we can see the blockchains with the best capability, and I think having a STEEMpay card could only add more uses to the STEEM community, and everyone else worldwide!

Let me know what you think in the comments below, and thanks for checking this out!

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

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the number of transaction on STEEM vs BTC is staggering. Id say at this point that the number of total transactions on steem has already exceeded BTC, so in that sense its proven to be secure, BUT im guessing less people have attacked STEEM as opposed to BTC.

I think it's only a matter of time now brotha!


Source: @overkillcoin

A decent analysis... Resteem, follow and upload!!!