Why Steem And BitShares Are Drastically Under Evaluated

Steem is the most active blockchain in the world. No, it's not wishful thinking and no, I'm not kidding you.

Compared with Bitcoin, Ethereum and other crypto "giants", Steem is on top of them, in terms of absolute number of transactions. And now there's a website to prove this.

Introducing blocktivity.info, a project by Steemian Hive account@blocktivity. The site aggregates the transactions (just the number of them, as far as I understand) and creates a few very, very interesting metrics starting from that number.

Let's take them one at a time. First, let's look at Activity Matrix:

Screen Shot 2018-01-01 at 10.15.39 PM.png

As you can see, Steem is on top of the list, before Ethereum and Bitcoin. As far as I understand, the market cap and the price in fiat is pulled from coinmarketcap in real time, but all the other metrics are refreshed every 24 hours. In this chart there are a few other metrics, but I leave you the pleasure to discover them

Onward to the total number of transactions (which is different from the Activity Matrix above).

Screen Shot 2018-01-01 at 10.15.51 PM.png

Here, we learn that 40% of the entire number of blockchain transactions are performed on the Steem blockchain. Which means even the transaction in which this post was published, or your vote was casted or your comment was added, are part of this huge ecosystem. It's also worthy of interest to note the presence of BitShares, with no less than 12.9%, more than Bitcoin.

But my favorite chart is this one:

Screen Shot 2018-01-01 at 10.15.55 PM.png

Although Steem accounts for 40% of the total of the blockchain transactions in the world, its market cap is only 0.3%. BitShares shares this faith (pun intended) with only 0.6%.

I don't know what you think when you look at that chart, but I'm thinking: "if only people will stop buying FUD and HYPE, and look at what really matters, I bet the top 5 crypto currencies in the world will look way better. Way, way better".

I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me Hive account@dragosroua.

You can also vote for me as witness here:
https://steemit.com/~witnesses

If you're new to Steemit, you may find these articles relevant (that's also part of my witness activity to support new members of the platform):