Blockchain based platform (Steemit) taking over youtube, But steemit has its own flaws.

There is no comparison between today's blockchain technology and centralized internet.

In this article we will discuss how blockchain based platform steemit is taking over other conventional platform.

Steemit is going to be a youtube killer, every youtuber is coming on to steemit and there are obvious reasons for that..

-In steemit power is totally in the hands of steemians, whereas youtube and other platforms keep the power to manipulate the users as they want. Everyone knows recently youtube changed it's monetization policy and now they want 1000 subscribers or 4000 hours of watch time in 12 months to monetize creator's content.

-In blockchain network your data is totally secure, whereas in case of centralized platforms your data is not safe, we all know how facebook made billions just by leaking users data.

-By Steemit you can make healthy money, whereas in case of youtube some content creators are barely given $500 even if they amass a million views. And we can add many more points.

Obviously, steemit also has its own flaws, Like
-The power carried by a single vote is determined by the money held in a user’s account. The company says this has left smaller content creators struggling to earn decent compensation unless their work is recognized by a “whale” – someone with significant Steem Power.

• Also, Steemit only pays out rewards for the first seven days that a post is live, meaning creators of evergreen viral content could potentially miss out on years of earnings.

Steemit is doing really well but there are some scope of improvement, and should consider above points to make it huge.

Everyone please resteem it so that steemit platform can take necessary measure to improve this platfom.

Thanks