It's hard to keep up with all the development and growth on the STEEM blockchain nowadays.

Which is only a good thing because growth is what we need.

I needed to cover a lot of subjects this morning.

Development

I have talked about monetisation (arbitrary reward splitting) of the Blockchain before and I considered it one of the greatest additions to the Blockchain in 2017 and you can see now that this concept is working fantastically.

While Steem inc. is working hard on SMT's, scaling and HF20 other users are building the most amazing front ends and apps that add value to the blockchain and they are able to monetise it because of arbitrary reward splitting. (asking for x percentage of the rewards).

Two updates recently came out of projects that do just that.

D.tube 0.6

D.tube is one of my favourite projects on the blockchain. It's Youtube build on top of the STEEM blockchain. This new version is a farcry of when it just was released (it was slightly buggy). Now it's smooth sailing. I use Dtube almost exclusively. They are up to almost 1 video a minute being uploaded! Check out the new version here.

Dmania 0.5

Dmania is 9gag (memes) on the blockchain. The recently released a new version of there website. Check it out here.

How are rewards calculated

If you are struggling with how rewards are calculated (the $ number behind your post) I highly recommend reading this article by user and witness Hive account@dragosroua where he explains it in a very understandable way.

https://steemit.com/steem/@dragosroua/steem-supply-update-rewards-algorithm-rewrite-major-cleanup-version-bump

Steemit Visuals:

Sometimes a visual says more than a thousand words. The STEEM blockchain is currently the blockchain that can handle the most transactions of all of them, has 3 second block times and no fees.

These visuals made by users Hive account@kyriacos and Hive account@overkillcoin help a lot to visualise those aspects. Great work.