Today, the one millionth account was created on the Steem blockchain!
The number of new users joining the Steem platform each day continues to grow, and at an increasing rate. More impressive than the number of accounts, however, is the amount of user activity we have.
- Every day, the Steem blockchain is producing more than a million transactions. That is more transactions per day than all other blockchains combined!
- There are around 60,000 unique accounts transacting on the Steem blockchain each day.
- Steemit.com gets over 250,000 unique daily visitors, and there are hundreds of other DApps interacting with the Steem blockchain, which have large and growing user bases.
How does this compare with Ethereum?
According to etherscan.io, there are currently around 33,000,000 unique ETH addresses. However, it is difficult to compare the number of Steem addresses with the number of Ethereum addresses since the two protocols are used in different ways.
Typically, most Steem users create a single account which is used for the majority of their activity. On Ethereum it is common practice for individual users to create hundreds or even thousands of wallet addresses. For example, ETH users often create a new wallet address each time they perform a token transfer. While some Steem users do create multiple accounts, users tend to favor a single account due to the fact that Steem is a stake-based social blockchain. They typically use this single account to communicate with other users and to accumulate Steem Power along with its resultant influence. For this reason, the number of Steem accounts is a much closer representation of the number of actual users than the number of ETH addresses.
For example, despite the seemingly massive number of accounts on Ethereum according to DAppBoard, Crytpokitties remains the most active application on Ethereum, with a 24-hour “Activity” of only 2,777 events (as of May 16th). For comparison, eSteem (a mobile application for Steem) averaged 9,372 transactions per day over the last 7 days. That’s over three times as much activity as Ethereum’s most successful application!
Overall Cryptocurrency Trends
A Cambridge study estimated that there were around 2.9 - 5.8 million unique active users of cryptocurrency wallets, and the number is continuing to increase exponentially. Steem is well-positioned to take advantage of this influx of attention due to its outsized representation with respect to real-world applications. Unlike many of the “vaporware” projects out there, Steem already has a large number of functioning apps that ordinary people are using every day of their lives.
As the only protocol on top of which entrepreneurs are building applications that “real people” can use, Steem is also helping to legitimize the cryptocurrency ecosystem as a whole. Applications such as busy.org, d.tube, and dlive.io are the kind of websites that people are familiar with and comfortable telling their friends and family about. Instead of cryptocurrency being some abstract concept that people hear about on the news, Steem turns it into something real, thereby helping to bring attention to other legitimate projects in the space.
Where does this lead?
As more entrepreneurs learn about Steem, they will create an ever-increasing number of innovative applications that provide even more value to people all over the world. Thanks to our ongoing developer portal work there are now more resources than ever to assist those developers, making building on Steem even easier. These new applications will draw in even more users, which will in turn make Steem even more attractive to new entrepreneurs looking to bootstrap their own applications.
Thank You
We feel uniquely privileged to be playing our part in this positive feedback loop, within which growth leads to ever more growth, and are incredibly excited to see what amazing applications will emerge from this process and this community.
Steem on,
Team Steemit
i want to remind i was the first site/blog to mention Steem - https://fuk.io/june-2016-altcoins-reports-coins-and-projects-to-invest-in-for-profits/
search google, nobody else did it before me!
😂😂😂 even before steem themselves. How did the let that slip.
poser :-) haha
Thanks
Click the Image Below to see the Video!
@kingscrown - I follow all your posts and most of them point to something good and have some really useful information. Your first mention of Steem was just one of those posts. :-)
The 1 million milestone is a big one and I hope there are many more to follow, including making Steemit one of the best sites on the net, not just in terms of numbers but also in terms of content quality and value.
I just wrote about the topic - in case anyone is interested:
=> 1 million Steemians! | How Many Are Active?
The first is always the most difficult one. Like first million dollar, first kiss, first project, first car but afterwards it will be way more easier to achieve. Grateful I found steem last year when its infancy stage.
Hi,
Congrats on your wise choice. I hope that one year from now I will be looking at our 2 millionth person and saying the same thing. You have been very successful. I am trying to write good content, and would appreciate your tips on getting it noticed.
Thanks
Whoa! Finally, We achieved our first big milestone. A lot to follow.
How long will it take to hit 2 million? I guess around 1 year or less.
HIV/AIDS: Melania Trump confirmed positive @eagleswngz and more informative and educating posts please visit @eagleswngz and upvote, thanks.
Welcome to Steemit @eagleswngz
Totally agreed with ,
All that we need to do is to spread steemit to th world
it's a great platform to all of us
without any doubt
Welcome to Steemit @xdyousuf
Hope that the community grows more and more in a short term.
Thank you for this overview about which sites are using the steem blockchain.
Thank you for giving us a post with very clear data showing how much activity our blockchain has and especially comparing it with Ethereum because each of our 1 million accounts and everyone just browsing now have one post we can share for those wishing to learn more about what is amazing here and preferring a quantitative approach.
I will be resteeming this post shortly and intend to rely on it for future presentations about Steem!
We appreciate your service in helping build a world together where our voice has value and we get a share of it on Steem because this gives each of us hope that we might do what we love every day for “work” on Steem and have the rest of the time for our friends and family as I do today.
Thanks for making yourself the defactor marketing leader at Steem Blockchain. Steem will always be open to anyone who wants the positions, and you took the opportunity by the reigns and you showed that anyone with your daily work ethic can achieve millions of dollars online with crypto currency and hard work in media! You really led a great example Jerry and you show what is possible if an army of thousands of us all make videos like you!
Jerry I am trying to get a hold of you. There seems to be no real way to contact you. Would you mind checking Discord.
ooohh, you gotta wave some bills... thats how you get his attention...
Keep Steeming brother Jerry!
The number of transactions is massive because of automatic curation rewards, claims, spam messages, etc. - bulky stuff like this, that's not a real usage evidence. And I bet that 1000000th account was another spam botnet account. STINC needs to get their shit together.
WOW! That's some incredible growth.
Great post! lol
This is awesome news! Onward to 2 million! :)
Very nice!
Congratulations, my analysis coupled with a flight to quality after the bauble bursts, should situate steem to move higher.
The video article from "Ready Set Cryptos" which I highlight here: By far the best the best video mid to to long term future of crypto... In blockchain, Market and Intelligent after bubble look. falls into the class winners. Even though it doesn't know who the winners and losers are... but based parallels between Steem's adopters path and the Open Source path Android adopters went down, there is no doubt when the bubble burst Steem should be around for a few decades.
The one caveate!
If contract currencies on the steem blockchain become commercialized into an easy to use component technology, vetting/curation by witnesses. We are talking fate-a-complete as far as I am concerned!
Because widespread adoption should occur.
A very scary look into the future of crypto currency
Great milestone, congratulations to the whole Steem team!
I've got a wish to address @ned: Besides tutorials and services for developers, it would be awesome to have an information pool for regular users, like a place where they can deeply inform themselves about the functionality of the eco-system, features, rules (copyright, abuse, etc.). We've got the welcome page, but this is not enough. Only video tutorials would already make a huge difference. Also there is no return channel - no support center where people can address questions and ask for help.
We've got 1 M accounts now, and if you use Steem on a daily basis you notice that a lot of the newer users have very few knowledge about the system and also have no clue where to inform themselves. We as established users try our best to provide them with all the information needed to have a smooth start. Yet, I believe that an official contact point (something like you built for the devs now) would be fantastic and considerably help to improve the quality (and also reduce spam/abuse) on the platform in general.
Thanks for considering this.
The best is yet to come :-)
Marly -
How many accounts have spent money and powered up some steem power - this is all that matters.
That's amazing! STEEM will change the world!!
Congratulations to all Steemians from the four corners of the earth. We can only get better. No one can compete with us. We are the best.
Hahaha.. Thanks @aggroed for the 10SBD from your 1 millionth post.. You are a blessing!!
Congratulations steemit and all stakeholders playing different parts, big or small, in contributing to the growth of this network. Excited to be a part of the journey!
This is great news! Thanks for sharing with the community!
Strictly speaking, it's 1,000,001th account due to the hidden very first user, @miners (id=0). So @quo (id=999,999) is the real millionth account :) See this: https://steemit.com/statistics/@blockchainstudio/real-one-millionth-steemit-user-and-hidden-very-first-user
ps, @ned I'm curious why your id is only 497, I guess you used other accounts before, right?
Looks like it is a typo. I ran a query and neds id appears to be 49. While at it I also got some details about the first 100 users on Steem https://steemit.com/steem/@gokulnk/steem-first-100-users
See my original post (https://steemit.com/statistics/@blockchainstudio/real-one-millionth-steemit-user-and-hidden-very-first-user) and reply to your posting.
See also https://steemd.com/@thisisnice7 which has id=49. (The reason why I didn't include the entire first 100 users was there were many of this kind of ids.)
Yes, the very first account of Steemit Blockchain Platform is hidden..
Woohoo. This is great! One million!
Considering that Steem is basically only a blogging platform, and Ethereum is a multi platform, 1/33 is a very good number imho. With the thousands of ETH tokens, Steem is winning the battle.
LOL was i the millionth? My account just got approved today.
No, you were number 1,000,238.
I'm glad just to be one of the first Million... I'm sure this is just the beginning!!! Thanks for sharing
That calls for a celebration !!!! :-)
Great milestone indeed. When I joined first time, Registered users were 400000.
A nice milestone to have passed.
Now we can press ahead, hopefully as a united community and put Steem where it belongs - at the tippy-top of all the blockchains!
Exciting times :)
I really do not understand why some people don't take Steem seriously... more transactions than every other crypto combined, that is something to be said for sure.
Congratulations!
It's been a crazy Adventure watching steemit grow. Didn't sign up in 2016 for some odd reason. Waited til early 2017, but glad I joined.
yes,steemit is rsing so fast....it has bright future as we;;
STEEM on!
why don't steem introduce chat feature?
You could try this. https://steemit.com/utopian-io/@therealwolf/introducing-steem-messenger-beta
An amazing milestone! Here’s to the next million!
Could be down to Ned Scott's Bloomberg interview...
lol. Is it just me or does the 1,000,000 Steemian look like a bot account name?
Oh the irony, if it turns out to be true :-D
I kind of does to me.
thats great news
I sent him 0.5 SBD with a congratulatory message in transaction memo.
Congratulation. @xmlvnx
That's a wonderful thing you did.
Thank you
@omitaylor
Well hello to all those million users :D
Wow. That’s cool and impressive and very indicative of continued growth
Wow, more transactions than all the other blockchains combined is the most impressive information I've read since a long time.
Every day, Steem becomes more striking and scalable in the world of cryptocurrency in Venezuela Steemit is already famous for helping the Venezuelan to seek economic relief, what better than rewarding you for what you like to do. Every day, new applications help make life easier for one as a writer. an example is busy.org for me, one of the best applications that rewards him for posting on his website with his 2 BOT of healing, for me better than this impossible.
Congratulations to the 1 millom user and let's hope that steem keeps growing.
The first millionth is always the hardest millionth.
So, you're saying that we have to overcome some kind of ... inertia?
Ba dum tss!
I'm here all night. Remember to tip your wait staff.
Extreme Awesomeness!
Formidabla!
Magnifico!
Titanically Terrific !
Hey I just did apost here about hgow @ned needs to fix the steem.io website https://steem.io check it
https://steemit.com/steem/@ackza/steem-blockchain-now-1-million--2018-4-3-16-10-12
steem.io website only shows 920,800 accounts and we need to see why that is not updated? Why the lag? And why only 40 Million in payouts when Ned correctly stated at Cons3ensus few days ago that steem has paid out Hundreds of MILLIONS in rewards! I was thinking well maybe hes just talking about SBD that has been soild on bittrex? Haha nah man steem.io must be updated they gotta get dat updated data mang I don like seein dat lag in dem stats breh. Anyway Thanks so much to @ned for finally posting more
but hey you should give a disclaimer and explain WHY you Can't just start voting for peoiple because ethen people would start saying theres favoritism etc etc and itd take away money from others rewards as rthe rewrad pool is toitally static and you can't just start using you are big stake itd take away too much from others rewards yeah?
Here is @ned 's Vote Diversirty and theres nothing wrong with it,
( link to that Graph is here and you can replace "ned" with whatever account and refresh the link to get your own custom Graph of Vote Diversity of outgoing votes )
http://steemreports.com/outgoing-votes-diversity/gini-simpson/?account=ned&days=14
And we need to explain to more people that Ned cannot be using his vote, he does plenty with his delegation, and when the time is right he will use his own voite, but if he used it or used the @steemit accounts $8000+ Upvotes it would ZAP value away from other peoples upvotes and just think about that, your upvotes would just be worth less. No way around it, the reward pool is the same just gets allocated differently. Many whales don't even vote at all, they also don't vote for witrness! Steem would look WAY different if just the top uisers started acting a lil differently! The current regime is so delicate lol
Anyway Thanks @ned and thanks @inertia I appreciate this enriching cultural internet experience.
Can I ask If Q3 2018 aka September is a good target for expecting HF20? Will Appbase and communities be out by summer?
Or are they out when they're out? Oh man I just wish Steemit inc had more employees but I bet inertia would just say "hey you can't always solve a problem by throwing money or people at it" and yeah Steem is a database with cryptographic keys and witnesses and its amazing but you can't have too many chefs in the kitchen!
I cannot wait for the new updates and in the me time I want to work on videos and animations and posts that explain how steem and DPOS works!
I would not be so positive...1 million accounts of what?...How many are really active?...how many share quality content?...how many people make projects for the growth of the platform?... if we only look at that million, what we want is to deceive ourselves.
I love steemit...it's almost the only social network I use...Let's not fool ourselves...the purpose of the platform is dying.
They will continue creating thousands of accounts...but active are very few...And why is this? for the bad distribution of wealth in steemit...few have much and many have little...we made steemit a perfect copy of the distribution of real world wealth...and many of the powerful instead of making an ethical use of the platform, they are dedicated to the purchase sale of votes.
If we continue this way, many accounts will continue to be created, but fewer and fewer will be active.
if it continues to cost so much to grow in steemit people leave it...or is dedicated to publish hundreds of post junk to get 0.01 in each of them destroying the blockchain.
If we do not worry about making a better distribution of wealth the future of steemit is very doubtful
and how do we make a better distribution?
with important delegations to the different communities...and within those communities to who care about the growth of the platform, sharing quality content, making projects for the growth not only personal but of your community...if we do this it will be easier to grow...and not only will accounts be created, but people will stay in steemit because they see the future in belonging...people will stay because they trust the platform...and if you trust the platform you will trust your currency...and if there is confidence in the currency the price goes up...
If those who have more, if those who have millions, they do not start giving important delegations they will continue to have millions, but millions of nothing.
I love steemit. Let's not destroy it as we destroy the world
I have to agree with you to some extent. But consider this, the "active/inactive" address ration of the Bitcoin and Ethereum network is waaaay worse. By fat i dare say that Steem has the best numbers when it comes to activity to address ratio.
There are 2 million activity (network transactions) in the Steem network in the past 24 hours alone. As compared to the barely 200,000. Steem only has 1 million addresses so far while Bitcoin already have upwards of 14 million.
Of course, the data above doesnt paint the whole picture. Steem and Bitcoin are designed for totally different purposes.
From a purely technical standpoint, all the spam thats happening right now barely put a dent on the Steem Blochain network capacity. Operating at only 0.2% strain to the network. Bitcoin was running at 100% for the past 3 years before the spam stopped. Cryptokitties killed Ethereum and today it's still experiencing some congestion. The spams arent even a problem for Steem to handle.
That I concur. but it doesnt mean they can only delegate or die. There's alot a user can do for the benefit of the platform, not just delegation. But then again we will have to understand that not will do things in the name of altruism Steem is a microcosm of the real very capitalist world after all.
And it doesnt only have to be a whale, a minnow delegating 10SP to the right cause can have HUGE positive impact to the whole platform too! @steemcleaners and @spaminator are always in need of delegation no matter how small.
If minnows arent doing what they hope the whales would do, do you think its fair for the whales to do it?
Source of numbers: blocktivity.info
Actually, if bitcoin and ethereum are worse, it's not something that worries me ...I speak of steemit, which is what interests me...and I agree with you ... they do not have to do altruism...they should do it for their own good...I do my part ... doing the purpose of the platform that is to share quality and creating projects...and giving my opinion...the sale of votes has to end ...the powerful should use the platform and the blockchain ethically...and reward quality and the projects that make the platform grow.
And it should be the other way around ... the whales have to lead by example
and the minnows will follow
if on a platform as spectacular as steemit only little more than 5% of users are active something is wrong ...
you are right, we need more people on steemit, but we need to create value, I live in the first country using Steemit and it is really changing my life.
nice job. i saw it too
Damn, they're gonna feel that one in the morning...
Yes. That makes sense in a way or perhaps a critical cal number of users to get others interested.
@ned, I think you made a little mistake here. Haha... you silly rascal! I was the millionth! Give me a hug and I'll give you a magic... well, let's talk in private maybe! Everything you must know for now.... is that this is (by far) the funniest thing... happening on this chain of blocks!
I'd like to be the first user to get a million followers....
Then we are talking youtube, twitter instagram and facebook followers...
I beleve in Steem,
to go, for grandma and
uncle ben to adopt it!
For fair balanced commentary follow me. and
I think it would be very hard. it might take a while, but you've got a good shot
Ned can you please focus energy on getting users signed up quickly. So many are complaining they have to wait two weeks and many leave because of it.
We appreciate your latest effort of getting the word out! Thank you for that. If you have an idea how we can support with other projects in this effort let us know. I'd be happy to help with our @steem-bounty project.
Damn right, how are the new users supposed to get in while this issue isn't solved?
Besides bringing even more new users to the platform, I think we should make sure that the highest share possible of those we already have, is turned into active users. Currently we have ~60K active users per day, which means that a large number of these 1 million is not actively participating in the eco-system.
Social interaction on Steem needs to be even more intuitive (structure / design / education) and also attractive (algorithm / rewards).
PS: With @steem-bounty you've brought a great asset to this blockchain, thanks for that @knircky :-)
is exactly what I say in a comment above ... and I see no other way to solve it than what also expressed in that comment
That's really important. My friends also said that they waited about 7 days to get signup.
Steemit has become one of the most important parts of my life. I normally despise social media, but Steemit is a jewel in our world. Thank you for it.
me too!
This is an outstanding accomplishment for the platform. Also, gives a good boost of positive energy for the whole Steemit community :)
You are an active member and you have a good blogging site. You can promote steemit more. thanks
Amen to that brotha
Totally agree. We just need to spread the word
Cheers to the next 1 million!
Next 1 million could be quicker than the first 1 million
Yep, to the next 10 :)
@ned so true.
🙌🏼🙌🏼🙌🏼
1 million acccounts, and still our CUI is at zero!
Source
I wonder how many transactions per day it would take to start seeing an uptick in CUI.. 🤔
Absolutely
Good news is that it has been achieved even before expected. I love this family.
Too bad your retention metrics are absolute crap -- 13%
Puts a bit of a reality check on the celebration, doesn't it? I'd personally crack down on the bots, but it seems that is never going to happen to any real degree.
I stopped posting actively on my blog ~7 months ago. I had 273 followers then. I'm now close to 400, doing absolutely NOTHING AT ALL. Still think Steemit isn't full of bots?
I'd wager you'd be wrong on that score.
This is a great milestone for steemit
I see greater heights already
God bless Steemit.
I'm new here but I feel an early adopter when I look around! :)
I hope to see the next million come a lot quicker and for many more of them to be active.
Gratulations!
that's amazing steem is making its way in the world, congratulations to whole steem family 😍
predict only good things in future 😊
2,000,000 here we come! 💪🏼🙌🏼💯
I like that. Big lip of faith. Well that's just fate
Been waiting for this awesome moment for some time now! Time to celebrate :D
wow 😱 it's a great news..really amazing..thanks for share @steemitblog
Wait so im in the first 1 mil? Nice!
Was probably a bot.