According to blocktivity.info Ethereum and Bitcoin are both maxed out on CUI!
Also we notice that both Ethereum and Bitcoin combined are not handling the amount of transactions per day that Steem is handling, but Steem's CUI is basically zero!
However, if we take a look at the market cap of these..
We see that Bitcoin has 2/3rds of the global blockchain market cap, and Ethereum has almost 1/3rd, but Steem & Bitshares combined do not even equal 1 percent!
Conclusion
So with Steem reaching 1 million accounts, and more people coming into crypto.. I think that we could see STEEM gain more attention as more people discover its true potential!
STEEM GIF Source: @overkillcoin
Thanks for checking this out, and let me know what you think about the future of STEEM!
Post - Vote - Earn 🤘😄
Disclaimer: I am not an Investment Adviser, and this is not investment advice. This is for entertainment purposes only!
So, just a question from noob. For having high CUI means that the transactions would be soon overloaded and would become incredibly slower? Well, That is a really informative analysis i havnt seen before :)
From what it seems I would think yes, because like a highway the more the congestion the slower traffic goes. 🛣
Then with CUI approaching this high, Bitcoin and ETH gotta crash. But, developers are keep loading it with more apps. What are they thinking
I mean Cryptokitties could not even get mainstream without crashing, but who knows what future upgrades could fix.
hahah yeah thats true, even though i just started to be fan of that but true :) thank you for sharing useful information
BTC is not even close to being maxed out