Steemit shows Bitcoin how its meant to be DONE

in #steem7 years ago

I have been covering the Bitcoin scaling debate for a long time - an issue that Steem managed to solve overnight. Yeah that's right, it took steem a couple of hours to solve what Bitcoin tried to do for over a year.

Increasing the Blocksize

The issue is with blocksizes - how much information should be stored every few minutes. Bitcoin is trying to increase the blocksize (called blockweight after segwit) from 1MB to 2MB, and it's been trying to do that for years now. Steem managed to increase blocksize from 64k blocks to 128k blocks almost overnight. It's that easy. In fact, its so easy that the post is trending on reddit/r/btc

Thanks to reddit user FUBAR-BDHR for posting this up.
https://www.reddit.com/r/btc/comments/6o3opt/how_easy_is_should_have_been_steem_just_doubled/

Steem is Epic

This is some really awesome work guys, and it shows that from a technology front, we're well covered. The worst thing is to not be able to move forward because of endless arguing. This really made my day, thank you Steem!

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I like how on Steem anybody can grab power even if they don't have money they can use their talent to achieve this power.

Keep up the good work community. I'm not really into programming and crypto development, but every progress on Steemit puts a smile on my face. Can't wait to see all these new projects launched. It's going to be massive mainstream target. Zappl incoming early august. Hope the price continues to impress us too as 0. 70$ dip was shocking. Thanks for sharing, upvoted.

Power to the people!

I'm liking Steemit more and more everyday!

We are all lucky that we jumped on steem train so early. And the train is still at a train station. Buy and earn steem, power up. It's cheap now.

this market will eventually meet new demands and another coin will rise to the number 1 spot

Steem is the future and they get things done :)

I agree that STEEM is beneficial as well, I invest in alot of different crypto-currency. I don't like to have all of my eggs in one basket.

I prefer to scatter my investment and them grow individual
double the resource
double the power
double the return

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Good to hear. Full Steem Ahead!