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Blockchain Breakdown: STEEM losing global blockchain activity dominance! ๐ŸŒ

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Published: 22 Apr 2018 โ€บ Updated: 22 Apr 2018Blockchain Breakdown: STEEM losing global blockchain activity dominance! ๐ŸŒ

Blockchain Breakdown: STEEM losing global blockchain activity dominance! ๐ŸŒ

Screen Shot 2018-04-22 at 11.52.24 AM.png

According to blocktivity.info STEEM has went from handling over 50% of all global blockchain transactions, to now 45% in a little over a week.

Now if we take a look from April 13th we will see that Bitcoin and other altcoins have stayed relatively the same, and Bitshares has also lost some activity, but if we look at Ethereum it has went from 18.9% to 22% dominance.

Also if we take a look at Ethereum's CUI (capacity utilization index) it is still maxed out! โš ๏ธ

Screen Shot 2018-04-22 at 11.47.30 AM copy.png

However, if we take a look at the overall market cap of these blockchains in comparison..

Screen Shot 2018-04-22 at 11.52.33 AM.png

We see the 2 best performing blockchains (STEEM & Bitshares) do not even equal 1% combined!

Conclusion

So as always STEEM is still handling almost half of all blockchain transactions in the world, and even though Ethereum gained a few percentage points off of STEEM.. I have never seen STEEM's CUI above zero!


STEEM GIF Source: @overkillcoin

Let me know what you think, and thanks for checking this out!

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Here are some helpful posts that I have made!

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โžฃ STEEM On More Exchanges..?
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โžฃ Update your Steemit profile picture!
โžฃ โ€Steemit can save millions of Musicians and Artists
โžฃ The difference between a Minnow, Dolphin, and a Whale!



The Digital Treasure Hunter: The different TYPES of cryptocurrencies!



Disclaimer: I am not an Investment Adviser, and this is not investment advice. This is for entertainment purposes only!

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