Vlog 202: The STEEM blockchain is a success when Steemit.com is dwarfed by other projects on the STEEM blockchain.


I had a lot of fun listening to the interview Alex Sterk had with @heimindanger (d.tube) and Ned Scott (CEO Steem inc). You can find the interview here.

The title of this post was mentioned at the end of the interview.


Here are some of the highlights I really liked.

  • D.tube at the moment is taking about 6% of the 'traffic' of the STEEM blockchain.

  • D.tube is growing every day and the ongoing demonetization on youtube is helping in that department :)

  • About 10% of the 25% rewards that they ask for content created on d.tube goes to the payment of IPFS. It cost about 4 cents per gigabit. Some videos are already paid for till 2030.


  • Ned confirmed that STEEM will be the main trading pair against SMT's.

  • New SMT's will have therefore access to instant liquidity.

  • Phase 2 of the SMT paper is already being worked on while phase 1 is being developed/build.

  • In 5 years time, the vision is to have 100.000 entrepreneurs and businesses on the blockchain.

(To me, this shows long-term vision and another reason to invest in the blockchain for years.)

I talk about it more in my vlog.



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

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▶️ DTube
▶️ IPFS
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