Btw, I thought that Steem has a Proof-of-Stake algorithm.
Also I have one question. What is the inflation of the cryptocurrency per year?@future24, very well written article. Very informative.
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Thank you for the feedback @cryptospa! According to an article by @penguinpablo the current inflation rate is about 9.5%, but it is set to decrease to 1% over the next 18 years. Here you can find his article about this topic: https://steemit.com/steem/@penguinpablo/putting-the-steem-inflation-into-perspective