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      "body": "Congratulations @accrubit! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@accrubit/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@accrubit) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=accrubit)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "body": "Congratulations @accrubit! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@accrubit/birthday1.png)](http://steemitboard.com/@accrubit)  1 Year on Steemit\n<sub>_Click on the badge to view your Board of Honor._</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-knock-out-by-hardfork\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmSPagmBYytsJBn8FwewvqDFRphP6swbbndADgYEsaLNkZ/image.png\"></a></td><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-knock-out-by-hardfork\">SteemitBoard knock out by hardfork</a></td></tr></table>\n\n> Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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      "title": "Blockchain Issues | #1: Data Usage",
      "body": "https://blobscdn.gitbook.com/v0/b/gitbook-28427.appspot.com/o/assets%2F-LDxZSMEg8ioeFUs2Ho1%2F-LE17xZLJnDBxQQ3C3PD%2F-LE1P3SDXFloBKzCWxoo%2FBlockchain%20for%20Business2.png?alt=media&token=5e8ab849-a53c-47f7-ad1b-7ea0f7296f5d\n\nThis is part two of a multiple part series beginning with where we explore blockchain and how it can best be leveraged for business today.\n\nBlockchain technology has come a long way since it's first inception as a Bitcoin payments ledger. So much so, that most of the information online about the use cases for blockchain are polarized between grand visionary futures of an interconnected internet of value and warnings of financial doom resembling the financial bubbles of the past.\n\nAs usual with popularized technology, the answer lies somewhere in the middle. Due to this polarizing atmosphere, what we will be doing is laying out the strengths and pitfalls of blockchain technology based on irrefutable facts, and then determine the feasibility and most appropriate uses for a blockchain based on that.\n\nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/issues-with-blockchains_orig.png\n\n<h2>Data storage and transfers</h2>\n\nAs we learned in the Intro to Blockchain, blockchain ledgers are immutable, meaning the data cannot be modified, deleted, or moved elsewhere. The problem this adds is with the peer-to-peer nature of blockchain systems. If each and every participant maintains a full working copy of the blockchain, then every time any data is added to it, it must be added to the hard drives of all participants in the network.\n\n<h2>Hypothetical Example:</h2>\n\nYou are the owner of a modest media and design firm that focuses on technology based clients. You have heard a lot about blockchain from these clients, and have become interested yourself at the possibilities.\n\nAfter reading about the benefits and how they work, you decide you could use one within your own business to streamline the access and copyright protection of images created in house, as well as give you an interesting topic to bring up with clients to show you are truly tech savvy. You envision:\n\n* A secure master file for all company IP\n* Irrefutable transaction signatures to secure copyrighted content\n* Elimination of cloud storage providers by leveraging your employees empty hard drive space to store your images on * the shared blockchain.\n\nAt first glance, you see blockchain as a good way to create a secure master file of all company images and avoid the hosting costs of cloud storage providers. Now blockchain enables everyone to share their files and encrypt them in real time.\n\nIn the beginning, you think it's amazing. The IT department setup a notification system that let's employees know when images were added from specific departments, this helps employees save time that they would otherwise use checking drives or asking coworkers. They also setup an application that automatically forwards images to be submitted for copyright protection.\n\nSo each time one of your designers, photographers, or editors creates an image it get's automatically added to the blockchain. And when an employee needs an image, they simply use the appropriate address to retrieve them.\n\nLife is good. Everyone is enjoying the buzz of trying something new.\n\nAs time progresses however, everyone's systems start moving extremely slow, and eventually the network becomes unusable. There is simply too much bandwidth moving from employee to employee for anybody to use the internet. Your tech clients however are enjoying the blockchain use, and love being able to retrieve their images anytime from the app using their unique signatures without needing to ask.\n\nSo you buckle down and pay for more bandwidth. Fast forward and it's been a year. Your internet costs are astronomically higher than the costs of cloud storage, and everyone is out of hard drive space.\n\n\nEmployee offices are covered in sticky notes containing transaction hashes and addresses. Your company chat is filled with messages about when the next block will be confirmed. The slow internet bandwidth has ruined any nostalgia still held around dial up connections.\n\nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/published/boardroom-blockchain.png?1527999621\n\nIt's a distributed nightmare of redundant and useless data. You are forced to move all images back to a cloud storage provider and have lost many employees and clients due to the frustratingly slow experience.\n\nYour idea failed, your app failed, and your company is worse off than it was before.\n\n<h2>So what went wrong exactly?</h2>\n\nLet's say the average image was 2 MB in file size, which is double the current maximum size of an entire Bitcoin block, which houses upwards of 1250 transactions as of this writing.\n\nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/average-block-size-6-2-18_orig.png\n\nNow as we covered previously, Bitcoin is not blockchain, so the amount of data you can put in each block to be written to a blockchain is entirely up to you. So lets say your blockchain was designed to have block sizes of 2 GB. (Another horrible idea)\n\nAs you can probably surmise, if there were 1000 participants all sharing even a single 2 MB image each day for an entire year, they would all have a blockchain taking up 730 GB of data storage on their machines for a combined total of 730 Terabytes for the company as a whole.\n\nThe block height would be 365,000 for those also following along with the chain of things. Not only is the storage a massive issue, imagine the bottleneck of trying to sync that much data in real time 24/7.\n\nSo as you can see, blockchains are not good for storing or transferring rich data, but that's not to say it's not possible to do what this hypothetical company wanted to do.\n\nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/how-data-use-can-be-solved_orig.png\n\nNow this is just one small example of how data usage can cause problems with blockchain, there are many more examples not involving storage solutions, which I'll let you research on your own.\n\nIn the next part of the series, I will be going over yet another main issue with blockchain technology, which is the drastic and irreversible consequences human error can play in blockchain systems.",
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      "body": "@@ -2180,16 +2180,21 @@\n ssible.%0A\n+%3E %0A%3E \n If the p\n@@ -2401,16 +2401,21 @@\n rocess. \n+%0A%3E%0A%3E \n Instead,\n@@ -2535,16 +2535,17 @@\n anks. - \n+%5B\n Harvard \n@@ -2559,16 +2559,97 @@\n s Review\n+%5D(https://hbr.org/2017/03/the-promise-of-blockchain-is-a-world-without-middlemen)\n %0A%0A%3Ch2%3E H\n",
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      "title": "What is Blockchain Technology?",
      "body": "In this article we will be defining blockchain technology, why it's useful, where it came from, and how it works.\n\n<h2> Where did blockchain technology come from?</h2>\n\nBlockchain technology was first invented with the development of the cryptocurrency Bitcoin, which is a peer to peer digital currency and payment network that enables individuals to store, retrieve, and transact anywhere in the world across any border without needing a 3rd party to facilitate the settlement of transactions.\n\nIt's important to note, that Bitcoin and blockchain are not synonymous with each other. Blockchain is the underlying software that enables Bitcoin to function as a sovereign currency, but like any other software product, there are many different variations on the market. \n\nDue to this, there are hundreds of definitions for blockchain circulating around the internet, most of which are inaccurate and biased towards a specific product. As a market neutral blockchain developer, the below definition is universal and what you want to remember.\n\n> A blockchain is a chronologically sorted, distributed, digital ledger which contains an irreversible archive of transaction records that are stored and chained together in batches called blocks. \n\nNow to some this definition is already too technical, but that doesn't change the fact you need to memorize it.\n\nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/published/1_1.png?1527752794\n\n<h2> So why is this ledger technology useful? </h2>\n\nFinancial institutions, among others, have been using digital ledgers for decades now, but the difference and innovation behind a blockchain ledger is that the data is shared between participants in real time, and utilizes programmable smart contracts to ensure settlements take place within the agreed upon rules of the network, regardless of any competing, dishonest, or criminal intentions.\n\n> Consider ATM machines: Each machine is owned by a single institution, but accepts cards from a huge network. This sharing requires a  complicated management apparatus,  mostly provided by VISA. That central entity owns the database and transaction processing layer, which makes everything else possible.\nIf the process of using an ATM had been invented today, with blockchain as a state-of-the-art database technology as an option, we would most likely not need an administrative entity like VISA to manage the process. Instead, the technology itself would do the heavy lifting of uniting the interests and business processes of the member banks. - Harvard Business Review\n\n<h2> How do blockchain ledgers actually work?</h2>\n\nOn a blockchain ledger, each block of transaction records is cryptographically chained to the previous block of records (hence the name) making it impossible to go back and edit even a single binary of data without creating a separate invalid ledger.\n\nBlockchains allow for an open, or controlled, set of users to participate in the administration of the ledger, with each record and block being linked to a specific participant. Each and every participant possesses a true and verifiable record of each and every transaction ever recorded on the ledger.  \n\nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/2_2_orig.png\n\nSince blockchains are peer-to-peer, they can only be updated by following a programmable consensus protocol that all participants in the system have to adhere to in order to store transactions to the blockchain. This consensus method varies between blockchains, and is engineered based on the unique requirements of the participants using the ledger.\n\nWe can compare this to traditional ledgers which are stored in standard databases on centralized servers within the specific organization the data belongs to. These databases have administrators who can technically read, write, modify, erase, and sort the data in any way they wish. In order for these ledgers to communicate between participants in the network, they must use a trusted 3rd party to mediate and oversee transactions, requiring a complex management and administrative system.\n\n> What blockchain does for business is allow separate entities to utilize a master ledger for the transfer and settlement of assets without the need for a 3rd party intermediary or complex management system.\n\n<h2>In summary:</h2>\n1. A blockchain is a chronologically sorted, distributed, digital ledger which contains an irreversible archive of transaction records that are stored and chained together in batches called blocks.\n2. Blockchain was invented with the cryptocurrency Bitcoin, but they are not the same thing\n3. Blockchain ledger systems enable secure peer-to-peer transactions, settlement in real time, programmable contracts, and increased communication, transparency, and availability for participants.\n4. Traditional ledger systems involve multiple 3rd parties, delayed settlements, and redundant, competing systems in order to settle and fulfill transactions between participants.\n5. A blockchain can be either permissioned, or public, and requires a trustworthy consensus mechanism for the valid storage and retrieval of records.\n\n<h2>The next natural questions are:</h2>\n\n* What's the big picture here?\n* How is this special programmable ledger going to change the world?\n* Why shouldn't we just use what we have?\n* If blockchains are so much better, why aren't they being used everywhere?\n* Are blockchains just for payments or can they be used for other cases?\n\n<h2>In my next article we will go over these questions, and more, as we review the most prominent use cases (and non-use cases) for blockchain technology. </h2>",
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      "title": "What is Blockchain Technology",
      "body": "In this article we will be defining blockchain technology, why it's useful, where it came from, and how it works.\n\n<h2> Where did blockchain technology come from?</h2>\n\nBlockchain technology was first invented with the development of the cryptocurrency Bitcoin, which is a peer to peer digital currency and payment network that enables individuals to store, retrieve, and transact anywhere in the world across any border without needing a 3rd party to facilitate the settlement of transactions.\n\nIt's important to note, that Bitcoin and blockchain are not synonymous with each other. Blockchain is the underlying software that enables Bitcoin to function as a sovereign currency, but like any other software product, there are many different variations on the market. \n\nDue to this, there are hundreds of definitions for blockchain circulating around the internet, most of which are inaccurate and biased towards a specific product. As a market neutral blockchain developer, the below definition is universal and what you want to remember.\n\n> A blockchain is a chronologically sorted, distributed, digital ledger which contains an irreversible archive of transaction records that are stored and chained together in batches called blocks. \n\nNow to some this definition is already too technical, but that doesn't change the fact you need to memorize it.\n\nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/published/1_1.png?1527752794\n\n<h2> So why is this ledger technology useful? </h2>\n\nFinancial institutions, among others, have been using digital ledgers for decades now, but the difference and innovation behind a blockchain ledger is that the data is shared between participants in real time, and utilizes programmable smart contracts to ensure settlements take place within the agreed upon rules of the network, regardless of any competing, dishonest, or criminal intentions.\n\n> Consider ATM machines: Each machine is owned by a single institution, but accepts cards from a huge network. This sharing requires a  complicated management apparatus,  mostly provided by VISA. That central entity owns the database and transaction processing layer, which makes everything else possible.\nIf the process of using an ATM had been invented today, with blockchain as a state-of-the-art database technology as an option, we would most likely not need an administrative entity like VISA to manage the process. Instead, the technology itself would do the heavy lifting of uniting the interests and business processes of the member banks. - Harvard Business Review\n\n<h2> How do blockchain ledgers actually work?</h2>\n\nOn a blockchain ledger, each block of transaction records is cryptographically chained to the previous block of records (hence the name) making it impossible to go back and edit even a single binary of data without creating a separate invalid ledger.\n\nBlockchains allow for an open, or controlled, set of users to participate in the administration of the ledger, with each record and block being linked to a specific participant. Each and every participant possesses a true and verifiable record of each and every transaction ever recorded on the ledger.  \n\nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/2_2_orig.png\n\nSince blockchains are peer-to-peer, they can only be updated by following a programmable consensus protocol that all participants in the system have to adhere to in order to store transactions to the blockchain. This consensus method varies between blockchains, and is engineered based on the unique requirements of the participants using the ledger.\n\nWe can compare this to traditional ledgers which are stored in standard databases on centralized servers within the specific organization the data belongs to. These databases have administrators who can technically read, write, modify, erase, and sort the data in any way they wish. In order for these ledgers to communicate between participants in the network, they must use a trusted 3rd party to mediate and oversee transactions, requiring a complex management and administrative system.\n\n> What blockchain does for business is allow separate entities to utilize a master ledger for the transfer and settlement of assets without the need for a 3rd party intermediary or complex management system.\n\n<h2>In summary:</h2>\n1. A blockchain is a chronologically sorted, distributed, digital ledger which contains an irreversible archive of transaction records that are stored and chained together in batches called blocks.\n2. Blockchain was invented with the cryptocurrency Bitcoin, but they are not the same thing\n3. Blockchain ledger systems enable secure peer-to-peer transactions, settlement in real time, programmable contracts, and increased communication, transparency, and availability for participants.\n4. Traditional ledger systems involve multiple 3rd parties, delayed settlements, and redundant, competing systems in order to settle and fulfill transactions between participants.\n5. A blockchain can be either permissioned, or public, and requires a trustworthy consensus mechanism for the valid storage and retrieval of records.\n\n<h2>The next natural questions are:</h2>\n\n* What's the big picture here?\n* How is this special programmable ledger going to change the world?\n* Why shouldn't we just use what we have?\n* If blockchains are so much better, why aren't they being used everywhere?\n* Are blockchains just for payments or can they be used for other cases?\n\n<h2>In my next article we will go over these questions, and more, as we review the most prominent use cases (and non-use cases) for blockchain technology. </h2>",
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      "permlink": "dapps-or-quick-guide-to-decentralized-applications",
      "title": "Dapps | Quick Guide to Decentralized Applications",
      "body": "https://www.accrubit.com/uploads/2/8/3/7/28374731/weekly-market-breakdown-2_1_orig.png\n\n<h2>A question I get asked often is, \"What are Dapps?\", and I don't believe that will stop anytime soon.</h2>\n\nLet me tell you why.\n\nDapps, or decentralized applications, are a hallmark of the future blockchain developers are aiming to bring to the world. Dapps promise to bring about a true implementation of the Internet of Value, or as some call it, Web 3.0.\n\nWe imagine applications with no owner that can operate as independently as the internet itself. Afterall, the internet was originally envisioned to support value transfer, but as we have learned through decades of torrents and server hacks, valuable data can simply be copied and distributed at will.\n\nNot to mention the surveillance and privacy issues surrounding the transfer of assets, money, and property online.\n\nThis left us with the massive centralized infrastructure we have today built by companies like Google, Amazon, Microsoft, and Equifax, etc who we trust to keep our valuable data safe from wrongful activity at the expense of not owning it ourselves.\n\nThis is similar to how we trust banks to manage our hard earned money, and it's a good system. It works. \n\nI don't worry about my bank balance going to zero overnight, because even if somehow my account was compromised, I have banking instruments in place to return my funds to me.\n\n​That said, it isn't perfect. Our data in this day in age is who we are. As a former advertiser i'm all too familiar with the current monetary model online. User data is money. We pay for it, we build systems to make decisions based on  it, and we get manipulated by those systems each day to complete desired actions online.\n\nSo where do Dapps come into play? What are decentralized applications and how are they going to help us resolve these types of problems?\n\n<h1>Quick Overview</h1>\n\nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/1-64sq9cnb6mqgerscd18puq_orig.jpeg\nCredit - Redactor on Medium\n\nDapps are basically just open-source applications built and deployed on decentralized blockchains which use distributed consensus methods to facilitate the proper execution of functions over time.\n\nI know what you are thinking, this sounds lot like Bitcoin, Ethereum, and many other blockchain systems currently out there right?\n\nWell yeah, because they are in fact Dapps. So what **isn’t** a Dapp?\n\n* Any executable software that is owned exclusively by a centralized authority, (I'm looking at you Ripple)\n* Any executable software that isn’t utilizing a blockchain (or similar decentralized ledger technology) to operate.\n* Any executable software that allows the past data to be changed, or working data to be appended without distributed consensus.\n\nYou probably get the point. Dapps run themselves and don’t rely on a single authority to work once deployed. An easy comparison to a Dapp is a torrent, such as Pirate Bay, which is run by peers in a network to transfer valuable items online from software to music.\n\nTorrents never evolved however, due to their ethical issues and clear violation of owner's rights. Your valuable data isn't secure in traditional peer-to-peer networks, which brought us to Bitcoin.\n\nUnder this context, Bitcoin is essentially the first Dapp, since it can securely manage the transfer of value without inflicting an offense on another party. Simply put, nobody could manipulate the Dapp to do what they want and get away with it.\n\nThis became the first real iteration of an internet of value. For the first time in history, anybody could download the Bitcoin Dapp, and exchange value across all borders without a central authority required to ensure the transaction was honored and maintained integrity over time.\n\nCompare this to me selling you a pirated movie and continually replicating and reselling that movie as many times as I like to as many people as I like.\n\n<h1>Dapp Implementation</h1>\n\nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/published/1-zzzd3xt8zugplvy5lohbmg.jpeg?1526597508\n\nSince Dapps can transfer value securely, transparently, and without fraud, we can start to imagine what services could benefit from combining the speed of the internet with a transfer of value. Two quick examples include:\n\n* **Property Ownership:** Titles, deeds, digital art, in-game items.\n* **Identification:** Licenses, credentials, credit, and records issuance.\n\nThat's just a couple real world uses aside from just sending money from one place to another. The next question always is, \"Why would any of these services need to be replaced with a Dapp?\" \n\n​<h2>There are four main reasons you would Dappify a current process:</h2>\n\n* Eliminate the possibility of duplicate value transfers\n* Ensure the integrity of a value transfer\n* Distribute application use to as many people as possible\n* Eliminate possibilities of censorship, downtime, and fraud\n\nIf you are still wondering what the whole point of these Dapps are, I want you to think about a few questions:\n\n* How many times have you had to make a new medical record at a new healthcare provider?\n*How many times have you wondered if those eggs you bought really were free range?\n* What will happen to your data if a government or company shuts down you favorite online accounts locking you from all your data?\n\nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/published/identity.png?1526597359\n\n​Dapps give us the ability the securely make universal records, verify supply chains, and provide ownership of our data and applications as a global community without the need for a company, government, or any other person to make it happen.\n\nIf you'd like to learn more about Dapps and other blockchain topics, you can either head over to our blockchain community over at Accrubit, or just drop a comment below!",
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      "body": "Agreed! As a developer there is a weird culture of ownership within open-source projects that is causing a lot of headaches for those trying to learn how to actually create useful stuff with the technology.\n\nToo many companies and individuals want to have their own projects instead of combining talent and really innovating together. Which has always been the main issue with open source projects. People stick around long enough to learn and then they fork it into their own idea which leads to 30 versions of the same broken code instead of maybe a few versions of a working product.\n\nEthereum is easily the best developer community to work with so far, but even they have issues containing the community focus into pressing matters over fringe projects and ideas.\n\nConsensys has been a big help in organizing the community around specialized initiatives, and with companies like Kauri and my own, we hope to start creating universal knowledge hubs for blockchain as a whole.\n\nIts going to be a great year for progress over hype, and i'm excited to see what this time next year looks like compared to today.",
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      "body": "Crypto culture has gone too far no doubt but so has a lot of other things that were hyped up in their time. 2018 will be the year a lot of Hype gets subduded and VCs finally take track of the situation and understand what they are throwing money at. \n\nBy the time this year ends i think the space would have matured a lot with major players like Ethereum taking the lead on actually improving their application by leaps and bounds and making it developer friendly to build upon.",
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      "permlink": "consensus-2018-or-it-s-time-for-blockchain-to-grow-up",
      "title": "Consensus 2018 | It's Time for Blockchain to Grow Up",
      "body": "https://www.accrubit.com/uploads/2/8/3/7/28374731/weekly-market-breakdown-3_1_orig.png\n\nConsensus 2018 has shown itself to be the largest blockchain and cryptocurrency focused conference in the world this week, and actually living up to the hype, which is rare in our industry.\n\nThat said, there is a clear shift in tone growing within the industry's leaders who are getting over the hype of their own technology and looking toward responsible and innovative deployment of their products and services.\n\n<h1>It's time to grow up</h1>\n\nIt doesn't take more than ten minutes researching cryptocurrency to find loads of comments and discussions harboring around price predictions, HODL'ing, and moons. \n\nEven this week one of the most popular articles is about a few lambos displayed outside the conference, which while nice to look at isn't why thousands of industry professionals are gathering this week.\n\nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/fireshot-capture-114-lambos-consensus-google-search-https-www-google-com-search_orig.png\n\n​While these types of statements started out as some industry banter on social media, this speculative culture has quickly devolved into billions of dollars invested in blockchain projects with little interest of those investors in becoming actual users of those projects.\n\nBlockchain leaders have realized they need to work harder to promote the facilitation of the emerging internet of value instead of silently remaining on the sidelines while the masses scammer about Reddit threads and Telegram channels looking for the next pump opportunity.\n\nI mean, this is the reason I started Accrubit in the first place!\n\nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/queasyplaintiveamberpenshell-max-1mb_orig.gif\n\nSo what can we do?\n\nHow can everyone in the community help people realize the potential of blockchain technology, instead of just enabling them to buy their next crypto lottery ticket?\n\n* Show people how to research the cryptocurrencies they find interesting. Give them the tools and the know-how to navigate financial investments in blockchain wisely. The SEC has put out some good rules to follow in this regard.\n* Give people something useful to work with. You have probably heard it before, but you'll here it again. Most blockchain projects are untested, unused, and have not been validated for their business models. When introducing someone to the industry, find startups with real products and services that they can test in the present, versus ones with nothing but dreams written on a whitepaper.\n* Teach them the basics of decentralization vs centralization, cryptocurrency vs fiat, smart contracts, and ensure you compare the personal ownership over data and wealth. People can't get on-board with something they can't see a use for, and earning profit on an investment isn't a sustainable way to encourage mainstream adoption.\n​\nThis sentiment stretches outside the conference as well with blockchain leader Vitalik Buterin, founder of Ethereum, and the startups OmiseGo and Cardano boycotting Consensus 2018, citing their desire to not support speculative, sensational,  and mischaracterizing reporting.\n \nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/fireshot-capture-113-ethereum-omisego-and-cardano-creato-https-themerkle-com-ethereum-omi_orig.png\n\n​The message is clear for 2018. It's time for the blockchain and cryptocurrency community to grow up.\n\nThose leading the way will ultimately be the ones taking the technology to market and reaping the rewards.\n\nI say it's time to stop paying $4,500 a day renting a few lambos to flex at a conference and instead time to start implementing blockchain in the real world like everyone keeps saying we will.\n\nWhat are your thoughts on crypto culture? Has it gone too far? Let's talk about it below!",
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      "body": "Hi, I just followed and upvoted you  Follow and upvot back we can help each other succeed @imadha",
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      "title": "Consensus 2018 | Just Another Crypto Conference?",
      "body": "https://www.accrubit.com/uploads/2/8/3/7/28374731/consensus-logo-lockup-consensus2018-lockup-4c_orig.png\n\nSince 2017's major rise in cryptocurrency capital, there has been a massive amount of conferences taking place around the world on blockchain and cryptocurrency technology.\n\nMost of these conferences are just hot air, speculation, hype, and a marketing platform for blockchain startups to feel important in an industry without much actual use.\n\nA literal example of putting themselves on a pedestal with nothing to show but some unfinished code, a whitepaper, and some interesting conversation.\n\nIt reminds me of how digital marketers huddle around conferences to talk about how awesome they are to everyone doing the same things as them.\n\nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/wonka-meme_orig.jpg\n\nWhat are the purposes behind these events and why does this industry cling to a marketing method so self aggrandizing? \n\nThe answer really boils down to most of these startups not having actual working products and services, and so they are working hard instead to build partners and accrue resources to help them along as they stumble through the real world creation of their products.\n\nNow don't get me wrong, blockchain technology has some amazing use cases, and there are companies out there providing real solutions with their developments, otherwise why would I be a blockchain developer in the first place?\n\nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/blockchain-in-financial-services-landscape_orig.jpg\n\n<h2>So why the rant on conferences?</h2>\n\nWell, today marked the start of yet another massive conference  ([Consensus 2018](https://www.coindesk.com/events/consensus-2018/)) which is powered by CoinDesk, a blockchain focused media outlet. Possibly the most anticipated blockchain conference all year, they aim to be the center stage for everything blockchain.\n\nhttps://www.accrubit.com/uploads/2/8/3/7/28374731/published/fireshot-capture-112-consensus-2018-ag-https-www-coindesk-com-events-consensus-2018-agenda.png?1526356700\n\nIs [Consensus 2018] any different? Yes and no. The thing about the biggest conferences in any industry, is that they often have some amazing talent present, but it's shrouded in promotional speech after speech from people not very interesting. You often find the most useful conversations and talks in passing.\n\nHow can you detect that a conference is likely to be a dud before you sign up and part with your registration fee? After you sign up, how can you detect sessions that are likely to be a waste of time? How does one actually find the practical advice and insight they are looking for?\n\nThere are a variety of approaches, but one that I use is to find and avoid presenters in these  three categories:\n​\n* **The Futurist** - This is the speaker that is always talking about grand visions of the industry and how everything will work a few years down the line, yet never has any actual real world experience developing and working with the technologies they are promoting. They jump from conference to conference siphoning fees for their presence, which might be entertaining, but leave you wondering why you didn't just watch them on YouTube for free.\n\n* **The Executive** - This presenter is here for one purpose only. To shill his business. Microsoft, Google, and Amazon are notorious for this. They pull you in to a room with a great title and description, then give you a 45 minute indoctrination in their product or service disguised as genuine insider help.  They are often so focused on their offerings that they are visibly out of touch with the rest of the market. \n\n* **The Nervous Promoter** - This poor soul wishes they were never their in the first place. They were chosen to go to a conference and present their business after being voluntold by their boss, despite not having any experience in public speaking. You will know in the first minutes as they nervously joke and laugh through a basic introduction.\n​\n\n<h2>Who should you find time to listen to?</h2>\n\nDuring these events, the best way of making use of your time is to seek out three targets:\n\n* ​Relevant use case with an established and working product.\n* Academics/Developers breaking down a topic with actual examples.\n* Successful startups with rapid growth looking to share how they did it.\n\n​Businesses with working use cases, especially in blockchain, are a goldmine of information when they pertain to what you are working on. \n\nThe academic and developer nerds are too busy working on their projects to put out amazing information in the public space often, so listen up while the real experts are talking, assuming they are speaking your language still.\n\nLastly, successful startups are often in celebratory moods and want to share their success with others by detailing their issues and how they overcame them. These speakers are priceless.\n\nAs the conference goes on the next couple days, I will synthesize important tidbits for practical minded individuals looking to actually find some actionable information and resources in the blockchain industry.\n\nDo you have any thoughts on Consensus 2018? Let's talk about it below!",
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      "title": "Are Tierion Nodes (TNT) Profitable?",
      "body": "<h1>What are Tierion nodes?</h1>\n\nTierion nodes are simple linux servers that users create and register to provide timestamping and data verification services for Tierion, their customer's, and individual users looking to generate proofs of data. These nodes are easy to create and manage, and only require 5000 TNT (An ERC-20 Token) staked per node to register.\n\nSince the initial launch in September, which was a roller coaster of technical growing pains and <em>mostly</em> unnecessary criticism, node operators have steadily been earning rewards and the amount of nodes in the network have been increasing steadily. \n\n<h2>The real question here however is, are Tierion nodes even profitable for anyone?</h2>\n\n<strong><em>​Why yes, yes they are.</em></strong>\n\nFor awhile I was reluctant to make any substantive claim on the profitability of Tierion nodes, as my entire premise with AccruBit is to have data and facts behind my claims. It's been over 3 solid months of rewards now, and the data is in. \n\n![Capture.PNG](https://steemitimages.com/DQmb6TPJqBRi3yqscPtDtdU2f5JDZ3FULjJiXTxkaTZM4HY/Capture.PNG)\n\nIn short, this means to run a Tierion node you pay an average of  $30 in hosting fees and receive an average of $250 worth of TNT, for a whopping profit of 830%.\n\n​<strong><em>Even at TNT's lowest valuation, which was a ridiculous 4.3 cents, you still would have made a 43% profit.</em></strong>\n\nTo put that in perspective, ETH miners make half that on a good day and require you to worry about hardware management and resale, where TNT nodes you just set them and forget them in the cloud, aside from the occasional software update, and can cash out the whole node whenever you wish.\n\nDon't just take my word for it though, check out one of my node wallets that I used for testing below:\n\nhttps://ethplorer.io/address/0x404a2dc9a41f3bb820bea8261e69ecaac8a97c0f\n\nFrom 10/17/17 to 1/6/18 this node made 2000 in TNT, which was sold at the rate of 37 cents per TNT resulting in $740 for $30 in hosting fees using Amazon Lightsail.\n\nThis specific node of mine made a 2466% profit on the node rewards alone.\n\n https://www.accrubit.com/uploads/2/8/3/7/28374731/node-profit_orig.png\n\n​So there you have it, whether you like Tierion or not, there is no denying the fact that having a node will make you money, so if you are like myself and value passive income over trading, then a few Tierion nodes will make an excellent addition to anyone looking for more ways to generate some crypto income.\n\nTo learn how to setup a Tierion node you can check out my guide [here](https://www.accrubit.com/how-to-easily-setup-tierion-node.html)\n\nTo learn about Tierion you can go to their website or GitHub Repository to see what's cookin.\n\nLastly, If you have any questions feel free to comment, I'm usually pretty responsive, but no promises.",
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