Total Score

Risk Score

Value Proposition

7.25/10
72.5%

7.25 / 10

Community

3.75/5
75%

3.75 / 5

Governance

4.25/5
633

3.25 / 5

Technical Sentiment

Price History

Bio

    The Steem blockchain is the publicly accessible distributed database, which records all posts and votes, and distributes the rewards across the network. It is where all of the text content and voting data is stored, and it is where all of the reward calculations and payouts are performed.
     On a technical level, the Steem and Bitcoin networks rely on the same model of a blockchain but are built upon different technologies and codebase. Steem is based on a new state-of-the-art blockchain technology called Graphene, which uses “witnesses” instead of “miners” to produce blocks. The “delegated proof of stake” model of using witnesses instead of miners allows for greater efficiency in block production. With BTC, 100% of the new coins that are created are allocated to block producers (miners). With the Steem blockchain, only 10% of the new coins are paid to block producers (witnesses). The other 90% of new STEEM coins are awarded to content producers, curators, and Steem Power holders.

Specifications

Ticker

STEEM

Supply

369,179,963
(~369 M)

NVT

75.66

Supply Turnover

1.66%

# of Exchanges

Top 10 supply %

67.79%

Industry

Platform
Ecosystem

Archetype

Utiltiy

Exchange Dependancy

7.12

Buy/Sell Pressure

0.83

Listing Profiles

7/7

Team

Consensus

Graphene

Nodes

Throughput

~11 tps

Block Time

~3 sec

Witnesses

21

Hashing Algo

SHA-256

Governance Model

Hybrid -Decentralized

Social Audience

144,498

Social Platforms

8

Social Concentration

8.68

Blog Frequency

7.33 Days

Network Addresses 

1,316,180

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