Peer-to-peer itself means SteepCoin runs without having a central server. The storage server is decentralized and distributed-divided into various servers run by each user connected to the network.
The SteepCoin project is based on own Blockchain, so SteepCoin Network generates own STEEP Coins. The SteepCoin Core is based on Bitcoin, PeerCoin, NovaCoin, Dash ( DarkCoin), BlackCoin protocols.
Profitable PoS Reward system
This is a unique system of PoS rewards, where the distribution of rewards is not in percentage but in a fixed amount like in PoW mining.
SteepCoin transaction are anonymous
All the transactions we have done can be seen, but we do not know who the owner of the SteepCoin address is if the owner does not tell it. Each SteepCoin user can actually choose whether or not his name will appear, but even if the user wants to keep his identity secret, all of his transactions are still recorded and can be monitored through blockchain.
The SteepCoin is not controlled by institutions or governments
The SteepCoin uses the Blockchain database is not controlled by a party, but is so open to the public that it is impossible for someone to fake transactions in Blockchain. All transactions are recorded live, transparent, and spread across multiple servers. Those who want to change or falsify The SteepCoin transaction data must hack multiple servers at the same.
Lowest transfer fee
The transfer fee in SteepCoin blockchain is very low and is 0.00001 Steep for the transfer.
A smart contract is a computer protocol intended to facilitate, verify, or enforce the negotiation or performance of a contract. Proponents of smart contracts claim that many kinds of contractual clauses may be made partially or fully selfexecuting, self-enforcing, or both. The aim with smart contracts is to provide security that is superior to traditional contract law and to reduce other transaction costs associated with contracting.
Differences Bitcoin and The SteepCoin
In the world of cryptocurrancies, Bitcoin and The SteepCoin are not much different, the difference is Opportunity and Price. To have one Bitcoin you have to prepare more than 8200$, The SteepCoin has a bigger opportunity because the price is still very cheap and you have chance for the price of ICO which is not you get the in bitcoin before.