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      "body": "https://youtu.be/qC8aDqkWLXo\nSALT Lending site:http://clkmein.com/qM9tJJ\nSALT Lending's Borrowing Experience\n![borrower_ui_0.png](https://steemitimages.com/DQmQxbkQC23syywCdyxSoqzZQmkWacgc4t9TmShk8HjS8PC/borrower_ui_0.png)\n\nThe SALT Lending platform and user experience are designed for intuitive loan management. Members can collateralize their blockchain assets, manage repayments and monitor activity in one easy to use application.\n\n \nAbout SALT:\n\nSALT lets you leverage your blockchain assets to secure cash loans. We make it easy to get money without having to sell your favorite investment.\n\n\nProcess:\n\nEasy application, fast approval, and no credit checks.\nGet cash deposited directly into your bank account.\n\nEconomics:\n\nCompetitive interest rates with no prepayment fees.\nMaintain your position and avoid less-than-optimal tax events.\n\nLiberty:\n\nFreedom to get your assets back whenever you want.\nGet your cash for whatever you want.\n\n\nSALT streamlines every step of the loan. We've simplified the application process by focusing on the value of the borrower’s blockchain assets instead of their credit score. Borrowers are automatically matched with capital from our extensive network of lenders. SALT keeps collateral assets safe in a fully-audited, ultra-secure architecture during the life of the loan so members can borrow with confidence.\n\nThe Future of Blockchains\n\nDiamonds, deeds, derivatives...the world’s assets are migrating to blockchains. SALT is the only platform built to facilitate loans secured by this rapidly expanding class of assets.\n\nCollateral vs. Credit Score\n\nIn the past, the difficulty and costs of liquidating, transferring, and storing assets has required lenders to focus on the creditworthiness of their borrower as well as the value of their borrower’s assets. This inefficiency results in limited accessibility to cash and higher interest rates for borrowers.\n\nDistributed ledgers represent a paradigm shift in the storage and transfer of assets and, for the first time in history, there is a perfect form of collateral: blockchain assets. SALT is pioneering an evolutionary leap for lending in which the value of a borrower’s assets are fully recognized and credit history is made irrelevant.\n\nCheck out\nhttps://saltlending.com/\n\nContent Credit:\nhttps://saltlending.com/",
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      "body": "Source: https://steemit.com/steemitdev/@steemitdev/steem-blockchain-update-august-2017\n\nNot indicating that the content you copy/paste is not your original work could be seen as [plagiarism. ](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/)\n\nSome tips to share content and add value:\n- Using a few sentences from your source in “quotes.” Use HTML tags or Markdown. \n- Linking to your source\n- Include your own original thoughts and ideas on what you have shared.\n\nRepeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/steemitabuse/@cheetah/cheetah-bot-explained).\n\nCreative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post. \n\nIf you are actually the original author, please do reply to let us know!\n\nThank You!",
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      "body": "![BitDice_BBD_Review_Icon.jpg](https://steemitimages.com/DQmewU8V4NNyLsUL1D4umKhwa6n4i2Zy5DfdN1UDQJ4bneZ/BitDice_BBD_Review_Icon.jpg)\nEstablished in 2014, BitDice is a profitably operating and presently the largest crowdfunded cryptocurrency casino. It gained and returned over 2300 BTC in profits to its bankroll investors and is now seeking to expand into the new USD 50 billion online casino market, which has not been previously accessible.\n\nCryptocurrency gambling accounts for roughly 5% of the entire online gambling industry. By bringing in and introducing the “provable fairness” concept that BitDice Casino has been using in all of its games to eliminate a “black box” phenomenon, it expects to get exposure to fiat players and win their trust. Along with integrating fiat betting with a cryptocurrency arm of the business, it will have to go through all the required regulatory procedures to have a solid legal standing. At the same time, it will drastically upgrade its platform and include new types of games and technology to take a leading position in the entire online gambling industry.\n\nBitDice is eager to merge two playing fields under one roof - fiat gamblers and cryptocurrency gamblers - something that nobody dared to implement before.\n\nIn the light of this bold and ambitious move, BitDice has been aggressively questioned about how it could differentiate itself from competitors such as DaoCasino, vDice, Etheroll, Edgeless, etc. who have already completed the ICO fundraising.\n\nBitDice does not want to be any single technology centric and, in contrast, provides players with choice to decide what technology and what currency they want to use in their gambling. All BitDice Casino’s competitors are primarily clones of a simple dice game running entirely on a Ethereum smart-contract. While the smart-contracts sound fancy and hi-tech, the games on blockchain come with a long list of limitations, refraining their technology from getting a feasible traction among wider gambling community.\n\nThe most cumbersome limitations relate to the speed and the cost of making a wager. Ethereum network impose higher latency speed for validating wager results and on top of that comes a transaction fee a user must pay with each wager. For a low-roller player the transaction fee can exceed the size of the wager, what makes playing with small moneys economically meaningless. BitDice, in turn, runs its games free of charge on the server with publicly observable and provably fair algorithms that include different types of cryptocurrencies and are capable to process up to 20 wagers a client per second.\n\n“Transparency” and “trust” are the key buzzwords used to exaggerate the importance of on-chain gaming solutions. The strong argument in the eye of a layman seems to be in the notion of an absolute “fairness” of such games, but in reality, the Random Number Generation (RNG) algorithm cannot be invoked within the blockchain and is therefore outsourced from a third-party provider, such as Oracalize, which effectively outsources the data from Random.org. The chain of third-party providers potentially puts users at risk of being cheated, because at each layer of data transmission the results can be intruded or/and misplaced for the benefit of a casino owner. There have been hot debates over the weakness of Oracalize when potentially a casino can request an array of numbers but fetch to the end user only the one, which it needs to deliver.\n\nBitDice has developed and successfully implemented the “provably fairness” concept that serves its purpose and eliminates risks of cheating without outreaching any third-party providers. It is a simple and elegant solution, and involves a client-seed component, generated and known only by a user, and a server-seed component to create unhackable random outcome which can be verified immediately after the bet is made, but cannot be known in advance by any party.\n\nBelow we illustrate in an-easy-to-understand format, how BitDice stands out in comparison to traditional online and smart-contract casinos:\n![U5drdtZJAU8XaVHmNz7tfAv8zve5m29_1680x8400.png](https://steemitimages.com/DQmTK1NTo6Lgb3deZJ3hmfLed2mpWxVyMx1bgVSkySVbq6Y/U5drdtZJAU8XaVHmNz7tfAv8zve5m29_1680x8400.png)\nYes1 - One should apply a top-skill technical expertise to understand and interpret the code of the smart-contract. Smart-contracts can be easily twisted without being noticed by an average user.\n\nNo2 - To accommodate high-roller players the funds shall be readily available and kept in hot wallets (online), which is a very insecure way of holding crypto assets. Last examples - Edgeless and Dao.Casino wallets were drained because of mistakes in the code.\n\nWhen BitDice Casino hits the new market, its position will get even stronger. We will add various payment methods for cash players and introduce more competitive margins. We are absolutely certain that the provably fair concept will earn us even more trust among new community and send us far ahead of the current crypto competitors.\nContent Credit: @bitdiceofficial",
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      "body": "@steemitdev announcement post\n\nThe last few months have been busy for our blockchain team. We are making great progress and want to share what we have been doing with you.\n\nHF 20\nA little over a month ago we made the tough decision to postpone HF 20 implementation in favor of enhancing our application framework. We discussed this decision with the witnesses and they were supportive of this change. We are still planning on implementing and releasing HF 20 in the coming months.\n\nScaling the Blockchain\nIn the meantime, we have been working on some fundamental changes to help scale Steem. We currently run 7 steemd nodes in AWS to support steemit.com and will need to continue to run more and more to support our growth. The key problem is that Steemd is single threaded, however, we are well along in the process of making it multithreaded.\n\nImagine the steemd server program is a stove. Right now, it has a single burner and we need to make a meal. A few of the dishes are the peer to peer network, accepting and evaluating blocks, and responding to API requests for data clients like steemit.com. We are rapidly switching pots, pans, and skillets onto the single burner to make each component of the meal. The increased request volume from steemit.com is delaying the meal.\n\nThus far, we have been buying extra single burner stoves to distribute the load because this was how blockchains were originally designed. But this is not ideal because all of our stoves (our computers) actually have 8 burners (CPU cores) and we are only using 1 each. We have been making changes to the steemd server program so that we can use all 8 burners and not need as many stoves. That way we can put a skillet on one burner, a pot on another, pan on another, you get the idea.\n\n![DQmbGAsgK553QvosX4Tvhm9Sbdqn8xN95AygbUFExZwUnXa_1680x8400.png](https://steemitimages.com/DQmUKV2t5Vq7MdjhZmHnHJLPAGVQqs1nrsZxKQDAv8KKhsm/DQmbGAsgK553QvosX4Tvhm9Sbdqn8xN95AygbUFExZwUnXa_1680x8400.png)\n\nPreviously, we had a single application that handled the p2p code, the database, plugins, and APIs. Now, everything is a plugin and only needs to communicate with other plugins that they directly depend on. This increased level of modularity allows for quicker development, easier code review, and greater parallelism. It will also allows us to switch components in and out without breaking the greater whole. We are now developing with Legos (™ The Lego Group) rather than specifically designed puzzle pieces.\n\nFABRIC\nOur early tests are showing a 5-fold increase in throughput for servicing API requests. This refactor also lays the foundation to scale steemd into the future and implement the Steem Blockchain Fabric.\n\nThere are some API changes on the steemd node that should make accessing data in the blockchain easier and allow upgrading of our APIs without breaking existing calls. We have added a condenser_api which exposes all existing APIs so that we do not break backwards compatibility with existing apps. We have also rewritten the jsonrpc parser and it is completely jsonrpc 2.0 compliant. We will announce when this is deployed to staging.\n\nMost of the work we have been doing is highly technical and challenging, but we look forward to keeping the community abreast of our work and strategies, on much of which we look to the Witnesses and community for collaboration. We’re happy to announce that we are confident these solutions will provide a robust foundation for meeting all of our future scaling needs and enable us to turn our attention to the features you all want to see.\n\nTeam Steemit",
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