What is the upside of steem utilizing a blockchain?
I have confidence in the major soundness of Steem, which is that substance producers and overseers by means of electronic systems administration media stages should be compensated for the regard that they make. Regardless, I don't see any motivation behind why using a blockchain is at all ideal therefore.
Immediately getting paid in a computerized cash is far less profitable than getting paid in dollars. In case I have to cash out my benefit I have to go to an alt money exchange to change over my steem to bitcoin, by then go to a bitcoin exchange like coinbase or drift to change over my bitcoin into dollars that can be moved to my monetary adjust.
I moreover don't see any motivation behind why an association like reddit or facebook, which use standard, prohibitive databases, couldn't set aside a little measure of the pay they gather from elevating to pay the most gainful substance creators in a vague way from steem without the usage of a slower blockchain based application.
While I see steemit being incredible for those in the claim to fame advanced money feature, it doesn't seem to incorporate realistic motivating force for the overwhelming piece of individuals for whom it would be far less difficult to interface their bank information to their internet organizing record and draw back their benefit direct from association that works the online person to person communication arrange.
Just expected to get people's insights on the central focuses/weights of blockchain with the true objective of internet organizing.
@shanazparvin
