Review on Steem by Bünyamin Sevinç
Steem
In my article today, I will talk about another project, Steem.
Steem is one of the block chains. I would say this blockchain is the most efficient and scalable available.
The platform is linked with the Steem blockchain, which is decentralized and open. Those who contribute to Steemit are rewarded with STEEM based on the interest their content receives from other Steemit users.
Thousands of transactions are processed smoothly on this blockchain. Built with Graphene database technology.
Steem founders have provided a free platform.
If we come to the speed and scalability part of this blockchain, the (DPOS) model has been adopted. This model can increase speed and is very safe and fair.
In addition, Steem create or print the currency they use. The output of the currency is established using a descending inflation model.
In conclusion, I can say that Steem is an improved blockchain. Because it runs real-time applications really for free.
Thank you to everyone who reads and those who do not.
Pros
- Block time even faster than Ethereum's block rate
- Zero fee
- Scalable
- Graphene database technology
Cons
- Not for now.
