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Today Steemit now has over one million registered million users. And the number is growing by the day, although the wind of the bear market has swept many off their feet.

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Image credit: @majes.tytyty

If you're like me, an ardent believer in the Steem project, you would have found that Steem holds a lot of promises. I am not saying this because I want to hype Steem. I am not writing this because I have been paid to promote steem. Rather, I am saying this because it is the reality. And what is the reality? That Steem is the blockchain of the future. Here is why:

### 1. Speed
Speed is, surely, one of the most important ingredients of any formidable blockchain. The faster a blockchain is, the  more efficient and valuable it becomes. 

As I write, Steem is one of the fastest blockchain platforms in the world. It will interest you to even know that Steem processes transactions 10 times faster than Ethereum and other noteworthy blockchain platforms do.

## 2. Zero Transaction Fee
Steem is one of the rare blockchains that does not charge transaction fee. And, as you probably know, crypto enthusiasts are becoming tired of paying the heavy transaction fees associated with transacting on other blockchains. This gives Steem an edge, a great chance at emerging as the blockchain of the future. 

## 3. Rallying Point for Crypto Enthusiasts
Steemit, a decentralized social media built on the Steem blockchain, has become a rallying point for crypto enthusiasts across the globe. I can say that there are only a few platforms today where cryptos are as actively discussed as we have it on Steemit. 
Therefore, the growing popularity of Steemit should not be taken for granted. It is, in short, a pointer to the potential of Steem becoming the blockchain of the future. 

## 4. Scalability
Scalability is a major issue when discussing the value and viability of a blockchain. Scalability, simply put, implies the ability of a blockchain to accommodate a growing amount of work without glitches or breakdown. 

And you don't need me to tell you that Steem is scalable. As I write, Steem has the capacity to host thousands of decentralized applications. We are already seeing fantastic apps like @dtube, @Steemmonsters, @esteem, @threespeak, etc. Many more should be expected to emerge in the future. 

## 5. The Potential Growth of Steemit and Other Decentralized Apps Built on the Steem Blockchain
Today Steemit now has over one million registered million users. And the number is growing by the day, although the wind of the bear market has swept many off their feet.

So, imagine what happens when Steemit reaches say 5 million registered users. Imagine, again, what happens when @dtube becomes as popular YouTube or even when @blocktrades becomes one of the largest crypto exchanges on the blockchain. The possibilities are boundless, my friend. Steem is the blockchain of the future because of the promises it hold. Steem is the blockchain of the future, the earlier we realizes it the better for all of us.

Until I come your way again, I wish you a full Steem ahead.

<hr><center>Posted via <a href="https://steemleo.com/">Steemleo</a> | A Decentralized Community for Investors </center>