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RE: Investopedia.com - Steem Among the Top 3 Alt-Coins to Invest in 2018

in #steem7 years ago

Steem reaches the decentralized view (consensus) differently than Bitcoin. Where block-creating accounts called witnesses are selected by Steem users, they use a method called delegee proof of stake. The Steem network actively plans to process block-chaining operations in blocks of 3 seconds each, rather than prove business to find a block. The block makers are given a small portion of the prizes each block creates; back pay writers and curators.