Recently, I’ve been researching other block chains, particularly how they are able to reward miners and users. I came across Steemit, which is in the STEEM blockchain. Steemit is interesting because they reward users for posting and curating content that receive a lot of support (upvotes, comments, etc…). They are able to pay the users the participate by inflating their own token.

Assume that we decrease the average block time to 2 minutus. The difficulty will increase with the increase in the total hashrate, but the average block time will still remain 2 minutes.This will lead to a less congested network and lower transaction fees.