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on DRUGWARS and the STATE OF THE DAPPS

May 17, 2019 (updated May 17, 2019) Published by

Despite, as I wrote 2 days ago, @drugwars is doing really a very good work on attracting new players and possibly new STEEM users as well, after the last upgrade of the gamem on which transactions are not running anymore on the STEEM blockchain I am afraid that the game cannot be called anymore, if ever was, a DApp AKA “Decentralized Application”

According to Wikipedia: “A decentralized application (Dapp, dApp or DApp) is an application that is run by many users on a decentralized network with trustless protocols. They are designed to avoid any single point of failure. They typically have tokens to reward users for providing computing power.”

It is true that you still can interact minimally with the steem blockchain since you can share your battle in the internal forum which is connected somehow with STEEM and so eventually, get an upvote from @drugwars account from time to time but… this is really very far from what I understand would be the definition of a DApp itself since it is not running on a blockchain…or, at least, it is not running on the STEEM blockchain anymore, it is not clear to me if any layer of the game programm is really depending on a supposed FUTURE Token built on the OByte Blockchain but I guess… no?

However, State of DApps  is still ranking DRUGWARS as the first one which in my opinion is a mistake…

I don’t know what is the criteria for being listed inside this ranking but it should be there also the possibility of “Delisting” a supposed DApp that is not anymore as so…

If someone “serious” and informed would come to the “State of the DApps” and find in a first place of the ranking something that seems not a true Decentralized App, probably he or they would not trust anymore on the information provided…and that, would be again a very bad message for the possible audience…

@toofasteddie

Wall Street Secrets Revealed #7 – The Greenshoe Option – Part 2

May 17, 2019 Published by

Last month, I talked about the Greenshoe Option and how it applied to the Lyft IPO,

Wall Street Secrets Revealed #7 – The Greenshoe Option

The Greenshoe option, is an over-allotment, typically allowing underwriters to sell up to 15% more shares than the original amount set by the issuer if demand far exceeds supply.

But the Greenshoe option is really a price stabilizer, to ensure that price doesn’t fall below the IPO price.  So if the company’s stock price breaks or falls below the IPO price, the underwriters will buy shares back from the market at the IPO price, which helps to stabilize

Dr. Copper Suggests The Equity Markets Are On Thin Ice

May 17, 2019 Published by

I last wrote about Copper one month ago,

Is Dr. Copper About To Breakout??? – Part 3

But the other reason is prices are waiting to see if a US-China deal will be reached.  Thus, the only way to play copper at the moment is to play the extremes and consider anything in the middle as equilibrium.

Whenever, I want to know where the Equity Markets are heading, I look to Doctor Copper. The term Doctor Copper is market lingo for the copper’s ability to predict turning points in the global economy. Rising copper prices imply demand or a growing global economy and

…and after getting enrolled at SNAX…

May 16, 2019 (updated May 16, 2019) Published by

… by following the useful and quick tutorial written by my friend @ervin-lemark , I have managed to bind my twitter account and also my steem account, earning just for these two actions 100 SNAX which means a value of… well, nobody knows yet but it is very likely that it would have some value in the future… Do not ask me why because I am still learning from the whitepaper and studying the Roadmap.

But what I can tell you is that this project tries to reward the Social Media content creators with an specific token that seems to evaluate and measure the level of engagement, influence , followers etc…

From the whitepaper we can read:

“We want to offer a solution which allows to measure the value of a public content
transparently and reward its creators without pushing social platforms to change established
business models.“

Also, from point 3 of the same document:

“SNAX is a utility token, which provides users with access to Snax economy, and is based on
rewarding active and influential users on public social platforms. Users can transfer SNAX
tokens to each other, stake SNAX to vote for block producers and buy computing resources
for dApps. Any user has three main ways to earn Snax tokens:

  1. Receive Regular Publisher Rewards.
  2. Receive donations from other users willing to support the author of the interesting
    content.
  3. To be elected as a Block Producer and receive Block Producer Rewards.“

I am really curious to see how all this project evolves and, of course, for the moment it looks like free-token for everybody so, I like it 😉

Now is time for also getting some additional SNAX by participating at the #snaxBountyProgram .

Follow the indications of @dragosroua in this post in order to know how to do it…

By the way, our good steemian and witness, @dragosroua is an efficient SNAX Block Producer so, if if you have installed  SNAX-Voter , go and vote for him , he is called snaxtopia !!!

@toofasteddie

Motley Fools Makes A Strong Case For Yandex Over Uber and Lyft

May 16, 2019 Published by

Uber has not given any timeline for turning a profit, but is counting on self-driving vehicles to eliminate cost. Lyft Inc. could turn a profit as early as 2022, but that remains to be seen.

I heard of Yandex years ago, as the Google of Russia.  Just like Google it has branched out into other businesses, such as Yandex Taxi.  I read an article by Motley Fools titled, Forget Uber and Lyft — Yandex Is a Better Ridesharing Play.

Lyft and Uber reported operating losses of $978 million and $3.03 billion, respectively, last year — and both companies warned that they might

Are you an Steemauto dependant?

May 14, 2019 (updated May 14, 2019) Published by

I did not post anything today till now… I was preparing my typical Crypto Market report while curating and commenting some posts of my feed… But suddenly I saw some good articles written by succeed steemians I followed which were getting just a few upvotes in comparison with the usual amount they get…

Suddenly I realized that something was going wrong with Steemauto and I had a look at its Discord Channel to better understand…

Actually what happened is that Steemauto stopped wrongly for a couple of hours lately today and there was an steemian at the channel that was informing about. As soon as he did that action, @mahdiyari replied immediately.

In about 30 minutes, @mahdiyari fixed the problem and inform at the discord app.

Apparently there was a “Database problem” and all delayed upvotes, more than 30000, will be eventually processed…

Yes, you dir read well…

30000 automatic upvotes delayed !!!

That’s a lot of automatic work…

While I am an active curator I am also a user of Steemauto, I think is one of the best tools at the steem blockchain despite there are others in permanent development that seems are offering better performance right now ( Steemrewarding from @holger80 is one of them) .

In top of enhancing part of my Curation actions and earnings, Steemauto simply helps me to support effectively my followers… It is not weird that my account would upvote you before I will read your post, but do not worry, normally I read your posts and I used to interact later on with you, when I have more time… On that sense, I am a Steemauto-dependant 🙂 …

On regards @mahdiyari , as the majority of the witnesses out of the 20 first, he tries to keep running his never-failed node by powering-down the earned SP… I am sure that If he was closer to the top 20 witnesses he would not have been forced to do so…

The question is why excellent developers and good steemians totally committed to the project cannot manage to be within the top 20… In my opinion on regards @mahdiyari, any user of steemauto should vote this guy for witness and support him as much as possible. People like him supports and fixes in any condition the Steem Blockchain, sometimes by getting very little as an income of the provided work.

Again, I request you to consider @mahdiyari as witness…

Go to the witness page https://steemitwallet.com/~witnesses and more or less at number 66 you will find this guy, vote him!

@toofasteddie

*Reminder: if you feel like not having time to do a proper analysis and still think that mine is fair , you can also choose me as your proxy that will vote for witnesses for you.

Just, keep using your witness votes doing an important work.

Keep moving…

May 7, 2019 (updated May 7, 2019) Published by

Despite the positive movements of the market, STEEM does not look to behave as we all want it to.

Some people keep complaining about and seems that the number of users and activity keep decreasing…

But, is it the fault of the Steem Blockchain? is it the fault even of Steemit?

No, not at all, actually I am fully convinced that there is a direct relation between price and number of users.

Have you seen recently the “State of the Dapps” website?

This is how it looks today:

We should be happy that most of the first Dapps at the rank are built on top of the STEEM blockchain.

Drugwars, steemit, busy, nextcolony, steemmonsters, partiko, steemhunt …etc.. all of them located within the 30 first out of more than 2000 Dapps ranked.

But what I would like to show you is that all those Dapps are spiking down. Have a look to the right of the picture:

All Dapps are experimenting a huge decrease on User Activity and, the most important, when I say all I mean all of them, not only STEEM Dapps, also Ethereum, EOS, TRON, POA or whatever the name of the blockchain on which they are working on.

It is the whole crypto sphere which is struggling nowadays, not only STEEM.

The market sentiment on regards Altcoins is still low while on BITCOIN we may affirm that is improving…

EOS is not doing better than STEEM, neither ETHEREUM Dapps…

We are far from confirming the reversal of the market and still further away from the Crypto mass adoption…consider this period of time as the best moment in terms of accumulation and keep moving, once the Uptrend of the WHOLE market will be confirmed there will not be more regrets…everything will be PERFECT, also for those that keep complaining…

Steem on,

@toofasteddie

? Daily Crypto News, May, 3rd?

May 3, 2019 (updated May 3, 2019) Published by
  • US District Attorney Seeks to Retain Defendant in Crypto Shadow Banking Case ;
  • Code For Ethereum’s Proof-of-Stake Blockchain to Be Finalized Next Month;
  • Microsoft Makes JPMorgan’s Quorum the Preferred Blockchain for Azure Cloud;
  • Indian Tech Firm Tech Mahindra to Combat Spam Phone Calls With Blockchain ;
  • The story of Crypto Capital’s dark past and its deep ties with the crypto industry;
  • ? Daily Crypto Calendar, May, 3rd?
  • STEEM Trading Update

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

? US District Attorney Seeks to Retain Defendant in Crypto Shadow Banking Case

The United States Attorney for the District of Arizona (DA) is seeking to retain a defendant in custody in a case of alleged shadow banking for cryptocurrency companies. In a court filing released on May 1, the DA states that they are concerned the accused will flee.


The filing follows the official announcement published by the Southern District of New York Attorney in April, ordering to charge an Arizona citizen Reginald Fowler and Israeli woman Ravid Yosef for allegedly operating an unlicensed money transferring business and bank fraud.


The recent filing asks the court to detain the defendant pending trial as he purportedly presents a risk of continued economic danger. Since the defendant purportedly has access to millions of dollars in bank accounts around the world and overseas ties that would facilitate the flight — among other factors — the Attorney office declares that the defendant poses a flight risk. The document specifically states:


“A consideration of the facts show that Defendant is a significant flight risk given his connections overseas, his financial means to support himself outside the United States, his disregard for this criminal investigation, and his potential involvement in other criminal activity.”

? Code For Ethereum’s Proof-of-Stake Blockchain to Be Finalized Next Month

Code for ethereum’s highly-anticipated proof-of-stake (PoS) blockchain is on course to be finalized as early as sometime next month.


In a bi-weekly call between ethereum developers, Ethereum Foundation researcher Justin Drake said that code specifications for the first phase of ethereum’s transition to a proof-of-stake network were “on track” to be finalized by June 30. Such specifications are effectively blueprints for developers looking to work on ethereum’s next-generation blockchain.


“I’ve been continuing to fine comb Phase Zero in preparation for the spec freeze which we’re targeting for the 30th of June,” Drake remarked on the call. “We’re still very much on track. Still, [code] simplifications are coming through which is great and the process of fine combing is also for finding final bugs.”


? Microsoft Makes JPMorgan’s Quorum the Preferred Blockchain for Azure Cloud

Microsoft will promote JPMorgan Chase’s Quorum blockchain to the global tech giant’s business customers, the companies announced Thursday.


The Redmond, Washington-based software firm will support Quorum, JPM’s private enterprise version of ethereum, through Microsoft’s Azure cloud platform, the firms said. They will look to support adoption of the network through their new partnership, after signing a memorandum of understanding.


As a result, Quorum “will become the first distributed ledger platform available through [the] Azure Blockchain Service, enabling J.P. Morgan and Microsoft customers to build and scale blockchain networks in the cloud,” the companies said in a press release.

? Indian Tech Firm Tech Mahindra to Combat Spam Phone Calls With Blockchain

Indian technology company Tech Mahindra will be implementing an anti-spam call solution powered by blockchain, Indian business daily Business Today reports on May 2.


This solution will allow phone companies to comply with the Telecom Regulatory Authority of India (TRAI)’s regulations to protect mobile phone subscribers from unsolicited Commercial Communication (UCC), which will come into effect in the last week of May.


Rajesh Dhuddu, Global Practice Leader of Blockchain at Tech Mahindra said that the TRAI regulations will affect 800 million subscribers.

? The story of Crypto Capital’s dark past and its deep ties with the crypto industry

Crypto Capital is slowly emerging as the central bank of the crypto industry. It facilitated banking services from one end of the industry—major crypto businesses and exchanges including Binance, Kraken and BitMEX—to the other, including the now-defunct QuadrigaCX and a number of smaller companies implicated in money-laundering schemes and fraud. And according to the the New York Attorney General, it still serves crypto exchange Bitfinex, where by the end of 2018, it was managing more than $1 billion of the exchange’s client and customers funds.


Two people, allegedly related to Crypto Capital, were charged with money laundering on Tuesday. The feds claim that the pair ran a banking scheme for crypto companies, which involved Global Trading Solutions LLC—a company that has been identified as one of the shell companies owned by Crypto Capital, and used by Bitfinex. The scheme allegedly involved running a “shadow bank that processed hundreds of millions of dollars of unregulated transa

? Daily Crypto Calendar, May, 3rd?

“… Important rework of a built-in wallet. Implementation is now comparable to Bitcoin BIP32 and BIP39 wallets…”

Auxiliary Stakes distributed to eligible participants.

Weekly rewards for Cointorox holders with over 100 OROX (Rewards: 5% of total holdings). Rewards distributed from leftover bounty tokens.

“New RCast coming tomorrow!”

Vano Narimanidze, Horizen country lead of Georgia will be speaking at the International Festival of Cyber Security in Tbilisi, Georgia.

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

The BTC is helping us to go in the direction of our resistance line at 0.39$. Let’s hope we will be able to touch it soon and even break that line to allow STEEM to have back a correct value compared to other altcoins. We are not so far so everything is possible even the STEEM is used to make smaller UP than the BTC.So exactly like the BTC with its resistance line at 5400$, the STEEM has not been able to go touch its resistance line at 0.39$. This is not a good sign because if we don’t do it, we are doing lower highs which mean that the DROP is not yet finished. Let’s see if we will find the volume and the power to go touch that line and even break it or if the sellers are preparing to be back very soon.

image.png

Last Updates

Join this new Free To Play on the STEEM Platform !

? Daily Crypto News, May, 2nd?

May 2, 2019 (updated May 2, 2019) Published by
  • Square’s Bitcoin Revenue Jumped to $65.5 Million in Q1, Its Highest Ever ;
  • CoinMarketCap to Remove Exchanges From Calculations If They Don’t Provide Mandatory Data;
  • Central Banks Settle Cross-Border Payments With Blockchain for First Time ;
  • Washington State Law Recognizes Blockchain Records as Legally Valid and Enforceable ;
  • Malware Shellbot is Now Capable of Shutting Down Other Miners;
  • ? Daily Crypto Calendar, May, 2nd?
  • STEEM Trading Update

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

? Square’s Bitcoin Revenue Jumped to $65.5 Million in Q1, Its Highest Ever

Payments company Square reported its first-quarter earnings today, revealing strong growth in bitcoin sales through its Cash app.


Founded by Twitter co-founder Jack Dorsey, Square reported $65.5 million in bitcoin revenue for the first quarter of 2019. Bitcoin costs, however, are listed at $64.7 million in the unaudited quarterly report, for a bitcoin profit of roughly $832,000.

Those figures top previous all-time highs for Square: The fourth quarter of 2018 saw $52.4 million in bitcoin revenue and $490,000 in profit.

? CoinMarketCap to Remove Exchanges From Calculations If They Don’t Provide Mandatory Data

Crypto market cap tracker CoinMarketCap (CMC) will remove exchanges from its calculations if they fail to provide mandatory data by June, the firm wrote in its sixth anniversary blog post on May 1.


CoinMarketCap, a major source of data about all traded digital currencies, has made a series of announcements to celebrate its sixth birthday today.


As such, CMC has announced a brand new alliance called the Data Accountability & Transparency Alliance (DATA) in order to provide “greater transparency, accountability, and disclosure from projects in the crypto space.”


? Central Banks Settle Cross-Border Payments With Blockchain for First Time

The central banks of Canada and Singapore have concluded a trial of cross-border payments using blockchain technology and central bank digital currencies.


The Bank of Canada (BoC) and the Monetary Authority of Singapore (MAS) jointly announced Thursday that the successful trial – the first of its kind between two central banks – showed “great potential to increase efficiencies and reduce risks for cross-border payments.”


The effort saw BoC and MAS linking up their respective blockchain projects, Jasper and Ubin, which are built on two different blockchain networks: R3’s Corda and JPMorgan’s Quorum, respectively. The two networks were connected using a technique called hashed time-locked contracts and allowed direct Payment versus Payment (PvP) settlement without the use of an intermediary.

? Washington State Law Recognizes Blockchain Records as Legally Valid and Enforceable

The United States state of Washington has passed a bill that recognizes and protects the legal status of electronic records pertaining to distributed ledgers like blockchains. The bill, substitute senate bill 5638, was signed into effect by Governor Jay Inslee on April 26.


The original version of the bill had its first reading by the Washington state legislature on January 25, 2019. The bill has now passed with 96–1 and will go into effect in late July.


The new law has a clause which prevents discriminating against electronic records which have in some way been part of a distributed ledger:


“An electronic record may not be denied legal effect, validity, or enforceability solely because it is generated, communicated, received, or stored using distributed ledger technology.”

? Malware Shellbot is Now Capable of Shutting Down Other Miners

The Shellbot cryptojacking malware has gone through an update and come out with some new capabilities, technology news website TechCrunch reported on May 1.


Per the report, these findings come from Boston-based cybersecurity firm Threat Stack. The company claims that Shellbot, which was first discovered in 2005, has received a major update.


The original Shellbot was capable of brute-forcing the credentials of SSH remote access services on Linux servers protected by weak passwords. The malware then mines privacy-focused monero (XMR). Threat Stack claims that this new-and-improved version is capable of spreading through an infected network and shutting down other miners running on the same machines.

? Daily Crypto Calendar, May, 2nd?

“Coming up next from WAX: exciting info on staking, voting, guilds & more will be released this Thursday May 2nd.”

“Attention FOAM Cartographers, check out the recent Challenges on the FOAM Map. Voting ends May 2nd”

BitMart opens trades for Zebi ($ZCO) on May 2nd, 8:00 AM (EDT).

“Kambria is proud to host the presitigious INSEAD Business School (http://insead.edu/) for an interactive event…”

Vano Narimanidze, Horizen country lead of Georgia will be speaking at the International Festival of Cyber Security in Tbilisi, Georgia.

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

So exactly like the BTC with its resistance line at 5400$, the STEEM has not been able to go touch its resistance line at 0.39$. This is not a good sign because if we don’t do it, we are doing lower highs which mean that the DROP is not yet finished. Let’s see if we will find the volume and the power to go touch that line and even break it or if the sellers are preparing to be back very soon.

image.png

Last Updates

Join this new Free To Play on the STEEM Platform !

Paradise

May 1, 2019 (updated May 1, 2019) Published by

Sunrise through desert palms.

Categorygoldenhourphotography
Camera ~ LensNikon D3400 DSLR ~ 18-55 mm
LocationAustralia

Prompt / Theme: What did you eat for lunch today? Did you enjoy it? Optional: please take a photo and include in your comment.

Giveaway ? – 2 winners
Prize: 2 * Steem Basic Income share + 1 * Mushroom Seer (Steem Monsters)

Winners will be chosen randomly after post payout. If you would prefer a certain prize, please specify in your response, otherwise I’ll decide for you 🙂

Rules:
  • ? No Upvote, No Resteem, No Follow – just your responding comment required to enter.
  • Comment a reply directly to this post within 7 days. A genuine (family friendly) comment responding to the theme / prompt is required.
  • Posted or Commented 5 or more times during the week this post is active.
  • Not be on @cheetah’s blacklist.

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