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Day: September 5, 2019

High Quality Content or an advertisement tabloid?

September 5, 2019 (updated September 5, 2019) Published by

I am watching the trending page at steemit…

Hey, we managed to fire out all of those bid-bod abusers!!!

That’s really great!

More steem returning to the reward pool to be used on high quality posts!!!

But wait, is it what I see now what we all expect as a high quality content?

From top to bottom:

This is what I see now at the trending page…

Huge eSteem iOS 2.2 update now available to Apple users , Ok, great, I am very happy with this new and I am using it unstoppably since yesterday…thanks @esteem !

Compact Broadcast Node: Low Cost Infrastructure to support Keychain, Splinterlands, Steem Engine  , excellent for… developers?

Bitcoin Prediction – Price TARGET Discussed | Cryptocurrency Technical Analysis | Week 1,  , Not bad this video about trading… I like it…perhaps a little bit overpaid I would say

Can a non-technical, non commercial project be supported on Steem? The Steem ecoVillage  … Great! More Ideas, more developments… I love the message about “Create An Off-Grid Community Based on the Gift Economy!”… I will read it carefully when I will have some spare part…

The Bismuth Governance Shift, Part 2 … what the heck is…?! buuff…too much for me, sorry, no opinion here…

The First Blockchain Shooting Game is Here! … this is funny, a good idea of an ETH blockchain-based game … the good thing here is that the author burned some SBD to be on the trending page in order to promote this post and decided to refuse rewards, which is intelligent under the point of view of an advertisement use-case…

BISMUTH CHESS 960 Tournament – Friday, 6th 19:00 UTC … another advertisement about a Chess tournament… just a few lines…poor content in… I would say it is also overpaid due to bid-bots use…

Congratulations to the Winner of the Steem Fest ticket sponsored by Blocktrades and Steem  … 90 USD to announce the winner of the steem Fest ticket sponsored by blocktrades… buufff, is this high quality? This is an example of…?

OCD Content Creator Onboarding Program (Apply here) … same here?

BUZZi Top Creator / Top Posts Rewards Event… 89 STU

Advertisement, rear advertisement rear advertisement…. 8 out of the 10 top trending posts are advertisements… I had to scroll down a few times in order to see something interesting and attractive, opinion posts, steem related topics… not bad, not bad…

Today I did not find anything downvotable on top of the trending page but either I have not seen anything remarkable under what I expect to be considered as a High Quality content on top…

If a newby/investor comes and tries to check in TRENDING what do you think he will do after? … I might be wrong but I think that most likely he will close the tab and open the bloody FACEBOOK again…

Fortunately I have my own “feed” and the tribes, in particular, STEEMLEO and SPORTSTALK and, sometimes also PHOTOSTREEM and LIFESTYLE… there I can find the topics I like more and, if I am lazy I can enjoy some nice pics and provide some BEER tokens to the people I engage with…

Yes man, I am able to consider one PIC a high quality content post if I like it and it invites me to interact with the creator.

We don’t only need Master Degree steemians for any speciality to post on the steem and share ideas, opinions, feelings, find solutions, help and ask for help… For me, besides the content, QUALITY means also ENGAGEMENT and I am not sure that now this property is better promoted…

Perhaps, we have to find another TRENDING filter now… one for creators and another for advertisers…

@toofasteddie

Source of the Image:

“Tabloid April13 | Supermarket” by Bibi De Carli is licensed under CC BY-NC-ND 4.0 

Check out Vite

September 5, 2019 (updated September 5, 2019) Published by

What is Vite?

Vite is a generalised decentralized application platform that has the capacity to provide full support for a set of smart contracts, each of which is a state machine with independent state and different operational logic, which can communicate by message delivery. In general, the system is a transactional state machine.

1_e287Ly5k9PyTC7yf3DwP5A-1.jpeg

Vite is a platform that possess the prerequisite or necessity highly required for industrial applications in relation to high transaction rate, scalability, optimum security and a period between the initiation of transaction and the occurence. The Vite platform has a built-in native token known as Vite Token, which can be used to make payment for asset exchange transaction. The Vite Coin is already listed on CoinMarketCap.

Mode of Operation
The structure of ledger used by Vite is DAG, and accounts are fully responsible for the grouping of transactions in that ledger. Which in turn helps to input the throughput of the system alongside other notable structures. The Vite team noticed that the DAG ledger doesn’t provide optimum security, and they make available the Snapshot Chain Structure which can help to make up for that deficiency.

The Vite platform is known for its great features of scalability and high performance which is provided by the HDPoS consensus algorithm, which is responsible for making the writing and confirmation of transactions to occur at a different time.

An improvement is brought upon the description through the compatibilty function of Vite VM with EVM, creating an extension of the smart contract language from solidity. An improvement in the rate of transaction and scalability in the system is implemented as a result of an improvement brought upon the Vite design and that notable improvement is the introduction and acceptance of a asynchronous Event Driven Artichecture, which communicates information through messages between smart contracts.

A complete value system is formed by Vite based on the Loopring protocol function, which trigger Vite to provide support for the issuance of digital assets by users with an inclusion of its own built-in native tokens, cross chain value transfer and exchange of tokens. Light users that do not trade frequently on Vite are spared from paying high transaction fees or gas charges due to the resource allocation that Vite acquire by quotas.

Summary features of Vite
High Throughput
Scalability
Optimum Security
High Performance
Low Delay
Value Circulation
Usability
Economy
Contract Scheduling
Name Service
Contract Update
Block Pruning


Generally, Vite is tri-dimensional in nature because it has a high-performance decentralized platform, a multi-token wallet which is decentralized for the managament of your digital assets, and a decentralized exchange to carry out trading of digital assets.

Earn some Vite Coin through Airdrop
Vite is currently holding an airdrop where you can Claim free 10 Vite Coin on a daily basis. I am including this so that my fellow trybalist will earn some free Vite Coin which is worth $0.04 per Vite as at the time of writing this post.

  1. Download Vite wallet from here https://growth.vite.net/share?inviteCode=1heENDln&lang=en
  2. Create an Account
  3. Switch to a 12 or 24 keyword phrase and make sure you back it up by writing it down.
  4. Go to the last tab at the bottom and click “Invite friends and win Vite”
  5. Insert my invite code “1heENDln” and we will both get 10 vite each instantly.
  6. Immediately you are done with that, wait for about an hour. You can minimize or exit the Vite App.
  7. After the time is elapsed, move to the 2nd tab at the bottom and click on “pick up now” to claim ur free Vite.
  8. You can go back to claim free 10 Vites Coin after every 24 hours.

Final Thoughts
I see Vite as a very promising project that will help promote the blockchain and cryptocurrecy industry at large. Let’s watch out for them.

Why Neymar wasn’t able to join Barcelona

September 5, 2019 (updated September 5, 2019) Published by

Hello every Luis Suarez just came out to say something about why Neymar Jnr wasnt able to join Barcelona before the transfer window close. He said Neymar really wanted to join Barcelona but the bid that PSG gave to them was really huge and they couldnt affored to pay that sum of money. They tried to negotiate and add players to make the bid successful but it also didnt work out so right now the transfer window has been closed and Neymar couldnt join the Barcelona team but lets see if they will allow him to play their next match. Thank you for your time have a great day.

Crypto Contest September 5: SPINDLE

September 5, 2019 Published by

SPINDLE (HitBTC: SPDETH) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, SPINDLE began a wave one advance on August 20. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 26, and the red wave two (blue sub-waves a-b-c) correction ended on September 4. If this wave count is correct, SPINDLE should be heading next towards the August 26 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

SPINDLE is a match-making platform for private investors and cryptocurrency funds. You can find their white paper here.

(Sources: SPINDLE and White Paper)

How can I vote? Where is the contest?

You can vote by following this link.

Nearly 200 CEOs just agreed on an updated definition of “the purpose of a corporation”

September 5, 2019 (updated September 5, 2019) Published by

Nearly 200 CEOs just agreed on an updated definition of “the purpose of a corporation” (Quartz)

  • Nearly 200 CEOs in the US, including companies such as Apple, Bayer, BP, Deere, JPM and Abbott (all members of the “Business Roundtable”) released a new Purpose of a Corporation statement this week.
  • The new statement shifted from being focused exclusively on creating shareholder value to a much broader remit including all stakeholders such as employees, communities, suppliers and customers. The full statement can be found here.
  • The Business Roundtable is made up of America’s most influential corporate leaders and has periodically issued Principles of Corporate Governance since 1978, with each version since 1997 having historically endorsed the principle of shareholder primacy.

Analysis and Comments

  • One of the questions we get on ESG is whether this time it is different or whether companies are just paying lip-service to investor demands for more ESG focused strategy.
  • The above development is evidence that there is a structural shift within the corporate world. This is significant. America’s largest companies are effectively saying shareholders are nolonger a priority and that a much broader set of goals will be put in place treating other stakeholders on the same level. It’s no longer just about profit. Will be interesting to hear Trump’s thoughts….
  • Out of 189 members of the Business Roundtable, only Alcoa, Blackstone, GE, Kaiser Permanente, NextEra, Parker Hannifin and State Farm failed to sign up.

? Daily Crypto News, September, 5th?

September 5, 2019 (updated September 5, 2019) Published by
  • UN Official: Crypto Makes Policing Child Trafficking ‘Exceptionally Difficult’ ;
  • Bitcoin Short of Bull Target Despite Five Days of Price Gains ;
  • China’s Crypto Competitor Is Being Built in a Secret Office with Restricted Access ;
  • Square, Twitter CEO Jack Dorsey: Bitcoin ‘Not Functional as a Currency’ ;
  • Foundation Uses Blockchain and Crypto to Help Save the Brazilian Amazon ;
  • ? Daily Crypto Calendar, September, 5th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? UN Official: Crypto Makes Policing Child Trafficking ‘Exceptionally Difficult’

A top United Nations (UN) official said cryptocurrencies are making international efforts to combat terrorist financing, money laundering and cyber-crime “exceptionally difficult.”


Neil Walsh, chief of the Cybercrime and Anti-Money Laundering arm of the UN’s Office on Drugs and Crime, said that the anonymizing and pseudo-anonymizing attributes of cryptocurrencies provide a “new layer of secrecy that favors the criminals,” when speaking to the Australian Broadcasting Corporation’s Linda Mottram.


Specifically, Walsh raised concerns about the role cryptocurrencies play in the clandestine child trafficking industry.


“In the past, when we looked at some of the really big high-threat areas like kids getting abused online, it had to be paid for and now, with the use of cryptocurrencies, it’s exceptionally difficult for investigators to track that and try and manage that risk down,” Walsh said.

? Bitcoin Short of Bull Target Despite Five Days of Price Gains

View

Bitcoin’s five-day winning run, the longest in a month, has neutralized the short-term bearish view. A UTC close above the lower high of $10,956 created on Aug. 20 is needed for a bullish revival.

Volumes picked up on Tuesday, adding credence to Monday’s triangle breakout on the daily chart. So, a rise to $10,956 may be on the cards.

The probability of a move above $10,956 would weaken if the prices drop below key the crucial support at $10,286 on the hourly chart. Acceptance below that level could yield a deeper drop into four figures.

? China’s Crypto Competitor Is Being Built in a Secret Office with Restricted Access

The People’s Bank of China (PBoC) is charging full speed ahead with its digital currency plans, hoping to beat Facebook’s Libra to market.


A dedicated team from the central bank’s Digital Currency Research Lab is now developing the system in a closed-door environment, away from the PBoC’s downtown Beijing headquarters, a person close to the bank told CoinDesk. 


The team has been working in this separate location since early summer so they could fully concentrate on the project, this person said.


The work has been expedited as Facebook unveiled in June its vision for Libra, a global cryptocurrency to facilitate payments, the source added. 

? Square, Twitter CEO Jack Dorsey: Bitcoin ‘Not Functional as a Currency’

Square and Twitter CEO Jack Dorsey has said Bitcoin (BTC) will continue to be adopted more widely, but it is still too early to consider it a currency.


Make Bitcoin more usable and accessible as a currency


On Sept. 4, the outspoken Bitcoin advocate told the Australian Financial Review that he is convinced the No.

1 cryptocurrency will continue to be adopted more widely. However, Dorsey added:


“It’s not functional as a currency. The peaks and troughs are like an investment asset and are equivalent to gold. What we need to do is make it more usable and accessible as a currency, but it’s not there yet.”

? Foundation Uses Blockchain and Crypto to Help Save the Brazilian Amazon

Rainforest Foundation US is a New York-based, non-profit NGO working in Central and South America, which is now hoping to support anti-deforestation efforts with crypto and blockchain tech.

Deforestation and fires in the Brazilian Amazon

On Sept. 4, the Rainforest Foundation reached out to the crypto and blockchain community to ask for their support to fight against deforestation and forest fires in Brazil. The post on the foundation’s website states:

“Since Bolsonaro took office in January, deforestation in the Brazilian Amazon is up 75% and forest fires in the Brazilian Amazon have doubled compared to the past year. As guardians of our rainforests, its animals and its people, we are working with The Giving Block to form a coalition of crypto sponsors, donors and media partners who will help stop this devastation.”

The Rainforest Foundation says that it is accepting cryptocurrency donations in Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH) and other cryptocurrencies.

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? Daily Crypto Calendar, September, 5th?

“SDF and the Blockchain Innovation Associates are teaming up for a Meetup in Manhattan on Thursday, September 5!”

“We’ll have good tech, good people, and good food – come get excited with us and learn how to build on our protocols!”

Team updates from the following divisions: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA.

Casual Monolith community meetup at Hyde Park, Thursday 05 September, 06:30 PM.

“AMA on September 5th 09:00 AM GMT+7”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

The STEEM has still difficulties to progress, even during the UP of the BTC. We are slowly progressing towards the resistance line at 0.18$. If we don’t have an increase of volume and volatility, we have no chanc at all to break this resistance line and we have a high risk of rejection during the test of this line. Let’s see if we will start to see more volume on the STEEM because currently is really low and without any volatility.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

Look For Utilities and REITs To Continue To Outperform – Part 2

September 5, 2019 Published by

Two months ago, I posted

Look For Utilities and REITs To Continue To Outperform

During economic troubled times, Smart Money rotates into Utilities and REITs because they act like bonds, meaning the stock dividends are equivalent to coupon rates, the yield paid by a fixed-income security.  However, let me expand on this a bit more.  Utilities and REITs are usually drowning in debt, but during economic troubled times, interest rates go down, so debt obligations put less of a strain on cash flow and  more cash flow means consistent payouts of dividends.  However, let me expand no this a bit more.  Investors are looking for a return on their capital.

As of June 2019, the dividend yield for the S&P 500 was 1.85%. This is below the historical average of 4.41% and close to the all-time low of 1.11% observed in August 2000.

Source

So if investor can get a decent return on their capital from the equity markets, can’t get a decent return on their capital from bonds because interest rates continue to decline, the next best option is dividends.  The barriers of entry are tough in the Utilities and the REITs sector, so with little competition and residual income, dividends are payout out consistently.

Since I wrote that post two months ago, XLU, the SPDR Utilities Sector ETF an the XLRE, the SPDR Real Estate Sector ETF are both up 8%, while the SPY, the S&P 500 ETF is down 2%.

My favorite REIT right now is Innovative Industrial Properties

Innovative Industrial Properties…An Interesting Play In The Marijuana Sector – Part 2

but I’m waiting for price to get to the $64 level before I buy.

A REIT worth keeping an eye on is the ETF, the Pacer Benchmark Data & Infrastructure Real Estate (SCTR) which offers investors exposure to U.S. companies that generate the majority of their revenue from real estate operations in the data and infrastructure sector.  Demand for data storage real estate is being driven by cloud, cybersecurity and 5G communication services.  So you know this REIT has a bright future.  

The chart suggests to buy on a pull back at the weekly demand at $29.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

Two Minute Crypto – Key Concepts 9 – What is a (Bitcoin) Node?

September 5, 2019 Published by

Please click the link below to listen to the 52nd episode of my weekly crypto podcast ‘Two Minute Crypto.’ These are intended to be short, single-topic ramblings on some aspect of the cryptosphere.

External Podcast Links

https://podcasts.apple.com/au/podcast/two-minute-crypto-key-concepts-9-what-is-a-bitcoin-node/id1441492450?i=1000448628831

or

https://www.podbean.com/eu/pb-j7uxm-be41d8

Transcript

Key Concepts 9 – What is a (Bitcoin) Node?

Welcome to Two Minute Crypto. This episode of the Key Concepts Series examines blockchain nodes and attempts to explain their role in a typical chain with as little jargon as possible. While there are different implementations of nodes across blockchains the underlying role of such nodes is generally the same. As Bitcoin is by far and away the most distributed example of a blockchain system – its node structure will be referenced.

What is a node?

A node is simply a full digital record of all previous transactions on a blockchain network which participates in the network by processing transactions and blocks in accordance with the rules encoded in that system. Each and every entry on the blockchain is stored on this point of reference.

Taking Bitcoin as an example, it is possible for any individual to download a copy of Bitcoin core and store it on their computer. Currently, this digital copy of all previous interlinked blocks is about 250GBs. It is further possible for that record to interact with the Bitcoin network to ensure that new transactions are valid and that they adhere to the rules or consensus mechanism of BTC – this is a node. A record, a ruleset, and a connection. Bitcoin nodes do not operate for profit as the record validator is not paid a fee.

A node, therefore, is essential to the security and operation of a blockchain. The greater the number of nodes the wider the distribution of a chains record and the more resilient it is. More points of reference equal greater network information integrity.

Why run a node?

Well, first and foremost, you are helping to secure the system you wish to use. Secondly, by running a node you have the ability to participate in verifying your own transactions and therefore remove all trust from your use of the network. Of course, your node needs to communicate with the rest of the system but you are assured of the validity of your transactions as you already hold a trusted record of the blockchain.

Bitcoin is often touted as the most robust blockchain system – its widely distributed node network is a key attribute of its security. While it’s impossible to get a completely accurate number for currently operational nodes – there are at least 10 thousand and growing.

It’s important not to confuse nodes with miners. Nodes hold records but miners solve the cryptographic computational problem that allows the addition of new blocks to the chain. Mining requires highly specialized equipment such as ASICS and is an energy-intensive process. Miners are paid a fee for doing so. Nodes, in contrast, operate on normal consumer-grade hardware and may operate in the background. In Proof of Work networks such as Bitcoin, it is the synergy of nodes and miners that process, validate and protect the network.

Thanks for listening.

Resources

What is Bitcoin Full Node and How to Run a Bitcoin Full node in 6 simple steps?
https://medium.com/coinmonks/how-to-run-a-bitcoin-full-node-in-6-simple-steps-a243189a5750

What Are Nodes?
https://www.binance.vision/blockchain/what-are-nodes

Nodes
https://lisk.io/academy/blockchain-basics/how-does-blockchain-work/nodes

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