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RE: STEEM: Way Ahead Of The Pack
While I agree with you the fact that Steem is ahead of many coins, don't you mean 5 blockchains are over 200,000 transactions per day? And that facts is blocktivity is not that accurate. For example it does not count special quirks in UTXO based chains. In non utxo chains, batching is not that big of a deal. In utxo chains they are-they give sender huge discounts. As you can see, if counting this:
Bitcoin has about 400K tx per day. https://transactionfee.info/charts/payments/perDay
Not dissing you, but just want to make this part clearer. I tried emailing blocktivity but they don't respond :(
But yeah Steem is ahead of the pack. Super excited for SMT and Hivemind.
Well said,
And if blocktivity is/was accurate then i find the enormous amount of transfer strange. Btc has real payments everyday you can actually see that with online stores who accepts btc. Goods are being bought with btc.
I can not believe that EOS en BTS has so many transfers (millions a day?) and with transfers i mean that there were goods bought with eos/bts.
correct if me im wrong.
The concept of txs are different in there. For exp, cancelling a order on BTS means a tx. In btc, a tx means sending money. So the concept of tx are diff. So in bitcoin, tx are worth more. However it does show which chain can handle tx-onchain. However if/when the LN is mass used, blocktivity will be uesless bc you can't track a LN payment, at the max you have to do lowpar bad estimate.
Thanks for the info.
Still, is that "normal" these many cancelled transfers? i wonder what is behind these numbers. But based on your first comment you are two.
IDK honestly Bitshares and EOS have many function that = a tx on the blockchain.
I don't think anyone has studied what the % of tx are, but Bitcoin tx are worth way more.
I like their tech and the fact they can support that many onchain txs are amazing. I more bullish on Steem than BTS. BTS dex ain't the best in terms of connecting diff crypto and trading decentralized-i think that the job of atomic swaps :)
Now that explains a lot to me. Because i do believe their thech is proper. I just couldnt imagine that many goods are being bought with just one coin.