Bandwidth

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Unlike many other crypto currencies, STEEM does not charge a transaction fee from users. Witnesses that run the servers for these transactions are paid from the blockchain to compensate operation costs. Developers and exchanges have to pay their infrastructure costs from their own pocket. Increased transaction rates increases operation costs for them. In order to prevent "unreasonable amounts of transactions"[1], the concept of bandwidth was introduced.

Each operation a user does on the blockchain consumes a certain fraction of his bandwidth. The bandwidth of each account is directly proportional to his STEEM Power. The overall bandwidth allowance per user scales with the load on the blockchain. In times of high network load, accounts with low STEEM Power may not be able to interact with the blockchain. The bandwidth of each account is shown for example on Steemd.

Sources

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