Today is a historic day in cryptoland
It is the day that Bitcoin dominance dropped below 50%.
This is a significant milestone for Alternative currencies, coins and blockchains.
The first mover advantage is being transferred to the innovators and STEEM is in the mix at number 10 by coin market capitalization.
I think its appropriate for STEEM to say, "move over big boy we are gunning for you".
With our 3 second block times, zero fees and bitcoin's 10 min blocktimes and escalating fees it is now the dinosaur of cryptocurrencies.
I thought the Bitcoin blocktime was much longer than 3 seconds.
poorly worded, let me rephrase
great news
As long as there's no scaling solution in sight, I think we can expect Bitcoin Dominance to continue to decline.
But it doesn't mean altcoins have won the race. Bitcoin is still being traded at record highs.
Agreed, many steps in the ladder still to climb
Its nothing short of remarkable
I'll take 3 any day!!!
Yes..I observed that too...big developement !!!
One step at a time, then before anyone notices, number 1.
Good news too.
It's great to see steem up there. But bitcoin will always be a store of value that provides alot of amazing features.
Basically it is time for all Steemians to develop a cohesive strategy to leverage Ripple's attack on Bitcoin ;-)
A good oldie from Vitalik: https://bitcoinmagazine.com/articles/introducing-ripple/