The Old Dog Reports: This Triumvirate Totally Dominates The Blockchain World!

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·@kus-knee·
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The Old Dog Reports: This Triumvirate Totally Dominates The Blockchain World!
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<h1>Well It's Happened. Just Like Many Knew That it Would!</h1>
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<p>It was only a matter of time. Once EOS launched many predicted that the three Dan Larimer projects Bitshares, Steem and Eos would dominate the blockchain world.&nbsp;</p>
<h1>The Statistics Don't Lie!</h1>
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<p>I have the habit of checking the <a href="https://blocktivity.info"><strong>Blockchain Activity Matrix at blocktivity.info</strong> </a>every day. This sight shows which blockchains are actually being used and have the potential to scale.</p>
<p>Let's face it, if they can't scale and are unable to confirm transactions blockchains become unusable! Let's take a closer look!</p>
<h1>Let's Have a Look at The Top 5 Blockchains According to Transactions</h1>
<h2>1.)EOS</h2>
<p><img src="https://s15.postimg.cc/dnpeciu23/Screen_Shot_2018-07-30_at_14.27.34.png" width="767" height="327"/></p>
<p><em>EOS has over 8.25 million operations in the last 24 hours while using only 0.68% of its capacity!</em></p>
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<h1>2.) BTS (Bitshares)</h1>
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<p><img src="https://s15.postimg.cc/hwu4eua7v/Screen_Shot_2018-07-30_at_14.27.52.png" width="767" height="348"/></p>
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<p><em><strong>Bitshares </strong></em><em>is humming along like a well oiled machine and has been doing so for years!</em></p>
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<h1>3.) Steem</h1>
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<p><img src="https://s15.postimg.cc/r5waojb9n/Screen_Shot_2018-07-31_at_13.44.31.png" width="769" height="328"/></p>
<p><em><strong>Steem </strong></em><em>is rock solid. A blockchain that is really being used while having tons of room to grow and scale!</em></p>
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<h1>4.) ETH (Etherium)</h1>
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<p><img src="https://s15.postimg.cc/5jha7mn0r/Screen_Shot_2018-07-30_at_14.27.18.png" width="791" height="348"/></p>
<p><em><strong>ETH </strong></em><em>l</em><em>ooks to be in BIG trouble. With only about 720,000 transactions it's maxed out big time!</em></p>
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<h1>5.) Bitcoin</h1>
<p><img src="https://s15.postimg.cc/q3m469fob/Screen_Shot_2018-07-31_at_13.45.14.png" width="768" height="324"/></p>
<p><em><strong>Bitcoin</strong></em><em>, the big daddy of them all in terms of market cap, is dwarfed by the top three in terms of real use!</em></p>
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<h1><strong>A Lesson From History</strong></h1>
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<p>Do you remember when <a href="https://www.bbc.com/news/technology-42237162"><strong>CryptoKitties just about brought Etherium to its knees </strong></a>by slowing down transactions? Guess what? They're still majorly clogged and bogged almost to a standstill. If you were a developer would you build your project on that blockchain? I wouldn't!</p>
<p>If you can't use them they're useless. That's why my 3 favorite blockchains are <strong>Steem, Bitshares and EOS!&nbsp;</strong></p>
<h1>Why Have Transactions on EOS Skyrocketed?</h1>
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<p><a href="https://dailyhodl.com/2018/07/30/eos-passes-ethereum-in-crypto-transaction-volume-due-to-onslaught-of-spam/"><strong>According to this article</strong></a> the high volume on EOS is due to spam from the smart contract <a href="https://eoscanner.io/account/blocktwitter"><strong>"BlockTwitter".&nbsp;</strong></a></p>
<p>Whatever the reason may be EOS is running smoothly and that's huge!&nbsp;</p>
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<h1>Do This When Evaluating The Future of Various Blockchains</h1>
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<p>Remember, when considering which blockchains you should invest in and use don't just look at market cap. Examine which ones are actually being used and have the ability to scale!&nbsp;</p>
<p>To do this why not bookmark and use the site<a href="https://blocktivity.info"><strong> blocktivity.info</strong></a>?</p>
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<p>I hope that you enjoyed this article about <strong>"The Triumvirate Totally Dominates The Blockchain World!"</strong></p>
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<p>Until next time,&nbsp;&nbsp;&nbsp;&nbsp;</p>
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<p><a href="https://steemit.com/@kus-knee">@kus-knee</a> (The Old Dog)</p>
<p><img src="https://steemitimages.com/0x0/https://steemit-production-imageproxy-thumbnail.s3.amazonaws.com/U5dt5ueFwMMQvRBJesgxV5BFL4HmqRi_1680x8400" width="200" height="79"/></p>
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