Compare Mode Network vs. Steem in 2025

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Description

Mode is an Ethereum Layer 2 solution that incentivizes users for expanding its network through innovative economic strategies. This platform is creating a novel on-chain economy that compensates individuals for their contributions to network expansion. Developers can receive a share of the sequencer fees generated through their smart contracts. Additionally, Mode's innovative treasury will facilitate automated rewards throughout the ecosystem. Built on the modular OP stack, Mode is part of the super chain network, which includes both base and OP mainnet. Users can enjoy a streamlined, user-friendly blockchain experience with the Mode name service. Furthermore, the Mode bridge enables seamless asset transfers between Layer 1 and the Mode platform, enhancing the overall flexibility and accessibility of the network for its users. This multifaceted approach not only fosters growth but also strengthens community engagement within the blockchain space.

Description

Steem is a unique social blockchain designed to cultivate communities and provide users with immediate monetization opportunities by incentivizing them for their content contributions. As the first blockchain capable of supporting real-world applications through social platforms like Steemit, it revolutionizes the traditional model where shareholders of social media giants profit from user-generated content. Instead, Steem redistributes value back to the individuals who create and share, empowering them to become stakeholders in the platform. This approach not only allows users to maintain ownership of their data but also rewards them with cryptocurrency for their efforts. In contrast to many other blockchains that face issues with speed and costs, Steem is characterized by its rapid, cost-free, and scalable transactions, made possible through advanced bandwidth management. It stands out as the only blockchain efficient enough to support extensive social applications, processing more transactions than both Bitcoin and Ethereum combined. With a user base exceeding 1 million and over 324 applications built on its platform, Steem is actively reshaping the landscape of social media and digital content sharing. This innovative ecosystem not only enhances user engagement but also fosters a sense of community ownership that is unprecedented in the digital realm.