Vlog 164: While Ethereum is at 100% network capacity STEEM is only using 0.36% with an equal amount of transactions.

STEEM is finally gaining some traction as it rightfully deserves.

The price has gone through $3!

Congrats to everyone that has STEEM tokens.

In this video, I wanted to share something else that's cool about the STEEM blockchain and it's about Network capacity.

Ethereum at the moment is doing the most transactions (1,067,235) in the last 24 hours and STEEM is second (1,032,338)

The huge difference is that Ethereum is at 100% network capacity with 8000 unconfirmed transactions while STEEM is at 0.36% capacity with no unconfirmed transactions.

source

In other words, STEEM can still scale while Ethereum cannot at the moment.

What's cool is that the Steem Inc. team is already working on scaling the Steem blockchain even more and it's a top priority.

They foresee a lot of growth. SMT's, in my opinion, will be the reason. Now that's forward thinking.

Of course, there are many other benefits to the Steem blockchain.

• No fees (zero!) on transactions
• 3 seconds block times
• Being able to send currency to usernames and not long keys.
• Stolen Accounts Recovery

To name a few.

I talk about it more in my vlog and share my screen to explain the website.

I used the site http://blocktivity.info as my source. It's a fantastic site to show how good the Steem blockchain is.

I am a witness with our developer group Hive account@blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.

We build Steemify a notification app for your Steemit account for iOS.

Get it Here: