@altcoinbeast
34I simply do research on cryptocurrencies and write about them. I’m a long term crypto investor. I don’t play the market.
steemit.com/@altcoinbeastVOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS43.97%
Net Worth
1.081USD
STEEM
0.001STEEM
SBD
2.176SBD
Effective Power
5.008SP
├── Own SP
0.630SP
└── Incoming DelegationsDeleg
+4.377SP
Detailed Balance
| STEEM | ||
| balance | 0.001STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.000STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 0.630SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 4.377SP | SP |
| Effective Power | 5.008SP | SP |
| Reward SP (pending) | 0.592SP | SP |
| SBD | ||
| sbd_balance | 0.000SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 2.176SBD | SBD |
{
"balance": "0.001 STEEM",
"savings_balance": "0.000 STEEM",
"reward_steem_balance": "0.000 STEEM",
"vesting_shares": "1025.244374 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7118.415432 VESTS",
"sbd_balance": "0.000 SBD",
"savings_sbd_balance": "0.000 SBD",
"reward_sbd_balance": "2.176 SBD",
"conversions": []
}Account Info
| name | altcoinbeast |
| id | 507833 |
| rank | 1,334,266 |
| reputation | 11190654003 |
| created | 2017-12-19T03:06:39 |
| recovery_account | steem |
| proxy | None |
| post_count | 27 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 5 |
| last_post | 2018-02-10T13:10:45 |
| last_root_post | 2018-02-10T13:10:45 |
| last_vote_time | 2018-02-10T13:24:57 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 0 |
| delayed_votes | 0 |
| balance | 0.001 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 0.000 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 1025.244374 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 7118.415432 VESTS |
| reward_vesting_balance | 1213.029879 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 1970-01-01T00:00:00 |
| last_account_update | 2017-12-31T13:47:00 |
| mined | No |
| sbd_seconds | 0 |
| sbd_last_interest_payment | 1970-01-01T00:00:00 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
{
"id": 507833,
"name": "altcoinbeast",
"owner": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM8Q9ckeJ1pnDXMrNBPp1eCiroVLkkeCmGV15wZjrHKpoWD6pcVy",
1
]
]
},
"active": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM6Ki5qoWa9XV5RSW5yS5TwFL9ofeKYegrErvJGA5xUBMiZMS67B",
1
]
]
},
"posting": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM8fWF5CehBjhd8Y84LGCgAjN9cMAkT5deh2MwEVDDiUbP1wzSHd",
1
]
]
},
"memo_key": "STM6FJTT3BgtB8rWuqL4U7VjMeEHfABWipwjbtphJEr6frhdivaXt",
"json_metadata": "{\"profile\":{\"name\":\"AltCoinBeast\",\"about\":\"I simply do research on cryptocurrencies and write about them. I’m a long term crypto investor. I don’t play the market.\",\"profile_image\":\"https://i.imgur.com/mNYycgD.png\",\"location\":\"South Korea (US Expat)\"}}",
"posting_json_metadata": "{\"profile\":{\"name\":\"AltCoinBeast\",\"about\":\"I simply do research on cryptocurrencies and write about them. I’m a long term crypto investor. I don’t play the market.\",\"profile_image\":\"https://i.imgur.com/mNYycgD.png\",\"location\":\"South Korea (US Expat)\"}}",
"proxy": "",
"last_owner_update": "1970-01-01T00:00:00",
"last_account_update": "2017-12-31T13:47:00",
"created": "2017-12-19T03:06:39",
"mined": false,
"recovery_account": "steem",
"last_account_recovery": "1970-01-01T00:00:00",
"reset_account": "null",
"comment_count": 0,
"lifetime_vote_count": 0,
"post_count": 27,
"can_vote": true,
"voting_manabar": {
"current_mana": "8143659806",
"last_update_time": 1779052485
},
"downvote_manabar": {
"current_mana": 2035914951,
"last_update_time": 1779052485
},
"voting_power": 0,
"balance": "0.001 STEEM",
"savings_balance": "0.000 STEEM",
"sbd_balance": "0.000 SBD",
"sbd_seconds": "0",
"sbd_seconds_last_update": "1970-01-01T00:00:00",
"sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_sbd_balance": "0.000 SBD",
"savings_sbd_seconds": "0",
"savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
"savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_withdraw_requests": 0,
"reward_sbd_balance": "2.176 SBD",
"reward_steem_balance": "0.000 STEEM",
"reward_vesting_balance": "1213.029879 VESTS",
"reward_vesting_steem": "0.592 STEEM",
"vesting_shares": "1025.244374 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7118.415432 VESTS",
"vesting_withdraw_rate": "0.000000 VESTS",
"next_vesting_withdrawal": "1969-12-31T23:59:59",
"withdrawn": 0,
"to_withdraw": 0,
"withdraw_routes": 0,
"curation_rewards": 7,
"posting_rewards": 1165,
"proxied_vsf_votes": [
0,
0,
0,
0
],
"witnesses_voted_for": 5,
"last_post": "2018-02-10T13:10:45",
"last_root_post": "2018-02-10T13:10:45",
"last_vote_time": "2018-02-10T13:24:57",
"post_bandwidth": 0,
"pending_claimed_accounts": 0,
"vesting_balance": "0.000 STEEM",
"reputation": "11190654003",
"transfer_history": [],
"market_history": [],
"post_history": [],
"vote_history": [],
"other_history": [],
"witness_votes": [
"curie",
"klye",
"netuoso",
"patrice",
"reggaemuffin"
],
"tags_usage": [],
"guest_bloggers": [],
"rank": 1334266
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
"incoming": [],
"outgoing": []
}From Date
To Date
steemdelegated 4.377 SP to @altcoinbeast2026/05/17 21:14:45
steemdelegated 4.377 SP to @altcoinbeast
2026/05/17 21:14:45
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 7118.415432 VESTS |
| Transaction Info | Block #106139854/Trx febaaea82fd60905766f8cca0f9dfae3883bdad5 |
View Raw JSON Data
{
"block": 106139854,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "7118.415432 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2026-05-17T21:14:45",
"trx_id": "febaaea82fd60905766f8cca0f9dfae3883bdad5",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 2.709 SP to @altcoinbeast2026/05/11 17:21:03
steemdelegated 2.709 SP to @altcoinbeast
2026/05/11 17:21:03
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 4406.205027 VESTS |
| Transaction Info | Block #105963159/Trx 2d2e9720aa9e5fce45669d573573a86802b32df9 |
View Raw JSON Data
{
"block": 105963159,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "4406.205027 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2026-05-11T17:21:03",
"trx_id": "2d2e9720aa9e5fce45669d573573a86802b32df9",
"trx_in_block": 4,
"virtual_op": 0
}steemdelegated 4.385 SP to @altcoinbeast2026/04/25 20:40:21
steemdelegated 4.385 SP to @altcoinbeast
2026/04/25 20:40:21
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 7130.931188 VESTS |
| Transaction Info | Block #105507593/Trx deae750ab6483a4bf641a7bb9bce64e4ff2c2c5e |
View Raw JSON Data
{
"block": 105507593,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "7130.931188 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2026-04-25T20:40:21",
"trx_id": "deae750ab6483a4bf641a7bb9bce64e4ff2c2c5e",
"trx_in_block": 1,
"virtual_op": 0
}steemdelegated 2.735 SP to @altcoinbeast2026/01/22 23:47:24
steemdelegated 2.735 SP to @altcoinbeast
2026/01/22 23:47:24
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 4447.751846 VESTS |
| Transaction Info | Block #102842218/Trx cbc819aa25bef65271a032aa2f1d961886f7be45 |
View Raw JSON Data
{
"block": 102842218,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "4447.751846 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2026-01-22T23:47:24",
"trx_id": "cbc819aa25bef65271a032aa2f1d961886f7be45",
"trx_in_block": 1,
"virtual_op": 0
}steemdelegated 2.836 SP to @altcoinbeast2024/12/16 19:08:12
steemdelegated 2.836 SP to @altcoinbeast
2024/12/16 19:08:12
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 4611.971043 VESTS |
| Transaction Info | Block #91288659/Trx 9481b315369615a5ad7529d1b377ce9e3fd2cf36 |
View Raw JSON Data
{
"block": 91288659,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "4611.971043 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2024-12-16T19:08:12",
"trx_id": "9481b315369615a5ad7529d1b377ce9e3fd2cf36",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 2.940 SP to @altcoinbeast2023/11/13 10:54:18
steemdelegated 2.940 SP to @altcoinbeast
2023/11/13 10:54:18
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 4781.104575 VESTS |
| Transaction Info | Block #79842941/Trx c36e7e1e9ef8686f3cf0ad23b904f0050ed2aae1 |
View Raw JSON Data
{
"block": 79842941,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "4781.104575 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2023-11-13T10:54:18",
"trx_id": "c36e7e1e9ef8686f3cf0ad23b904f0050ed2aae1",
"trx_in_block": 3,
"virtual_op": 0
}steemdelegated 4.746 SP to @altcoinbeast2023/09/21 18:18:03
steemdelegated 4.746 SP to @altcoinbeast
2023/09/21 18:18:03
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 7718.383361 VESTS |
| Transaction Info | Block #78343613/Trx 9c8a07d516ead55e79f05684c459b88533cfad2a |
View Raw JSON Data
{
"block": 78343613,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "7718.383361 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2023-09-21T18:18:03",
"trx_id": "9c8a07d516ead55e79f05684c459b88533cfad2a",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 4.882 SP to @altcoinbeast2022/11/03 08:30:39
steemdelegated 4.882 SP to @altcoinbeast
2022/11/03 08:30:39
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 7940.064799 VESTS |
| Transaction Info | Block #69109447/Trx 1c465bd56b5a1e067f460c104c911d675472e9a9 |
View Raw JSON Data
{
"block": 69109447,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "7940.064799 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2022-11-03T08:30:39",
"trx_id": "1c465bd56b5a1e067f460c104c911d675472e9a9",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 5.018 SP to @altcoinbeast2022/01/17 08:03:27
steemdelegated 5.018 SP to @altcoinbeast
2022/01/17 08:03:27
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 8160.598030 VESTS |
| Transaction Info | Block #60805957/Trx deb0b9da49e5a7e2544d1e7533c0dd99d513e0a0 |
View Raw JSON Data
{
"block": 60805957,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "8160.598030 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2022-01-17T08:03:27",
"trx_id": "deb0b9da49e5a7e2544d1e7533c0dd99d513e0a0",
"trx_in_block": 10,
"virtual_op": 0
}steemdelegated 5.131 SP to @altcoinbeast2021/06/13 22:05:54
steemdelegated 5.131 SP to @altcoinbeast
2021/06/13 22:05:54
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 8344.366688 VESTS |
| Transaction Info | Block #54604491/Trx ebd5c62f08c12fc85d4cfbc1974ce8ca6ac7edbb |
View Raw JSON Data
{
"block": 54604491,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "8344.366688 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2021-06-13T22:05:54",
"trx_id": "ebd5c62f08c12fc85d4cfbc1974ce8ca6ac7edbb",
"trx_in_block": 12,
"virtual_op": 0
}steemdelegated 5.246 SP to @altcoinbeast2020/12/11 08:28:45
steemdelegated 5.246 SP to @altcoinbeast
2020/12/11 08:28:45
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 8531.788662 VESTS |
| Transaction Info | Block #49352060/Trx f8496000571419f50f441cdd59af44460f54868e |
View Raw JSON Data
{
"block": 49352060,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "8531.788662 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-12-11T08:28:45",
"trx_id": "f8496000571419f50f441cdd59af44460f54868e",
"trx_in_block": 4,
"virtual_op": 0
}steemdelegated 1.176 SP to @altcoinbeast2020/12/06 02:06:12
steemdelegated 1.176 SP to @altcoinbeast
2020/12/06 02:06:12
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 1912.543513 VESTS |
| Transaction Info | Block #49203630/Trx 788a5397f4f9de2d1b1de57768ad0ddea819052f |
View Raw JSON Data
{
"block": 49203630,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "1912.543513 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-12-06T02:06:12",
"trx_id": "788a5397f4f9de2d1b1de57768ad0ddea819052f",
"trx_in_block": 0,
"virtual_op": 0
}steemdelegated 5.257 SP to @altcoinbeast2020/11/25 15:20:45
steemdelegated 5.257 SP to @altcoinbeast
2020/11/25 15:20:45
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 8548.915279 VESTS |
| Transaction Info | Block #48907155/Trx 9ba9e23e67d53e1ce6b283f7ece2d56ee9b74c45 |
View Raw JSON Data
{
"block": 48907155,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "8548.915279 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-11-25T15:20:45",
"trx_id": "9ba9e23e67d53e1ce6b283f7ece2d56ee9b74c45",
"trx_in_block": 1,
"virtual_op": 0
}steemdelegated 5.375 SP to @altcoinbeast2020/05/09 03:00:57
steemdelegated 5.375 SP to @altcoinbeast
2020/05/09 03:00:57
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 8740.801875 VESTS |
| Transaction Info | Block #43213842/Trx a67c711adc3114f7bc909cbdc32f67c85697619a |
View Raw JSON Data
{
"block": 43213842,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "8740.801875 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-05-09T03:00:57",
"trx_id": "a67c711adc3114f7bc909cbdc32f67c85697619a",
"trx_in_block": 5,
"virtual_op": 0
}steemdelegated 1.201 SP to @altcoinbeast2020/05/08 06:12:06
steemdelegated 1.201 SP to @altcoinbeast
2020/05/08 06:12:06
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 1953.311140 VESTS |
| Transaction Info | Block #43189451/Trx 4724ff918705ccbd16538743a6f822b9559ff45d |
View Raw JSON Data
{
"block": 43189451,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "1953.311140 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-05-08T06:12:06",
"trx_id": "4724ff918705ccbd16538743a6f822b9559ff45d",
"trx_in_block": 11,
"virtual_op": 0
}steemdelegated 5.383 SP to @altcoinbeast2020/04/15 17:34:12
steemdelegated 5.383 SP to @altcoinbeast
2020/04/15 17:34:12
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 8753.836892 VESTS |
| Transaction Info | Block #42557866/Trx 06d6137ac48de696a76c5f25d06c15ecfd45b3c8 |
View Raw JSON Data
{
"block": 42557866,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "8753.836892 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-04-15T17:34:12",
"trx_id": "06d6137ac48de696a76c5f25d06c15ecfd45b3c8",
"trx_in_block": 0,
"virtual_op": 0
}2019/12/19 04:49:09
2019/12/19 04:49:09
| author | steemitboard |
| body | Congratulations @altcoinbeast! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@altcoinbeast/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@altcoinbeast) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=altcoinbeast)_</sub> ###### [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! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| parent author | altcoinbeast |
| parent permlink | 0x-an-ethereum-based-coin-exchange |
| permlink | steemitboard-notify-altcoinbeast-20191219t044909000z |
| title | |
| Transaction Info | Block #39164377/Trx cc926a66aeea02dbabb699a0b2d4fed8a185a484 |
View Raw JSON Data
{
"block": 39164377,
"op": [
"comment",
{
"author": "steemitboard",
"body": "Congratulations @altcoinbeast! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@altcoinbeast/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/@altcoinbeast) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=altcoinbeast)_</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!",
"json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
"parent_author": "altcoinbeast",
"parent_permlink": "0x-an-ethereum-based-coin-exchange",
"permlink": "steemitboard-notify-altcoinbeast-20191219t044909000z",
"title": ""
}
],
"op_in_trx": 0,
"timestamp": "2019-12-19T04:49:09",
"trx_id": "cc926a66aeea02dbabb699a0b2d4fed8a185a484",
"trx_in_block": 6,
"virtual_op": 0
}steemdelegated 5.503 SP to @altcoinbeast2019/05/12 11:07:00
steemdelegated 5.503 SP to @altcoinbeast
2019/05/12 11:07:00
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 8949.459359 VESTS |
| Transaction Info | Block #32840943/Trx 3211a6f5348c64c511f1b2bde9c140ed7bc36e00 |
View Raw JSON Data
{
"block": 32840943,
"op": [
"delegate_vesting_shares",
{
"delegatee": "altcoinbeast",
"delegator": "steem",
"vesting_shares": "8949.459359 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2019-05-12T11:07:00",
"trx_id": "3211a6f5348c64c511f1b2bde9c140ed7bc36e00",
"trx_in_block": 40,
"virtual_op": 0
}2018/12/19 04:15:00
2018/12/19 04:15:00
| author | steemitboard |
| body | Congratulations @altcoinbeast! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@altcoinbeast/birthday1.png</td><td>1 Year on Steemit</td></tr></table> <sub>_[Click here to view your Board of Honor](https://steemitboard.com/@altcoinbeast)_</sub> > 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**! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| parent author | altcoinbeast |
| parent permlink | 0x-an-ethereum-based-coin-exchange |
| permlink | steemitboard-notify-altcoinbeast-20181219t041500000z |
| title | |
| Transaction Info | Block #28690075/Trx 7dbc2662337d01b9bbd7d7d3047c5109bb20fcd9 |
View Raw JSON Data
{
"block": 28690075,
"op": [
"comment",
{
"author": "steemitboard",
"body": "Congratulations @altcoinbeast! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@altcoinbeast/birthday1.png</td><td>1 Year on Steemit</td></tr></table>\n\n<sub>_[Click here to view your Board of Honor](https://steemitboard.com/@altcoinbeast)_</sub>\n\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**!",
"json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
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}delicious-kimchiupvoted (30.00%) @altcoinbeast / lm8k9fsf2018/10/27 05:02:12
delicious-kimchiupvoted (30.00%) @altcoinbeast / lm8k9fsf
2018/10/27 05:02:12
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | delicious-kimchi |
| weight | 3000 (30.00%) |
| Transaction Info | Block #27165568/Trx 03f78a140260b5ed2762149d28a39ab620d0df7c |
View Raw JSON Data
{
"block": 27165568,
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}delicious-kimchiupvoted (30.00%) @altcoinbeast / lm8k9fsf2018/10/27 05:02:09
delicious-kimchiupvoted (30.00%) @altcoinbeast / lm8k9fsf
2018/10/27 05:02:09
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | delicious-kimchi |
| weight | 3000 (30.00%) |
| Transaction Info | Block #27165567/Trx 1456bdb73bdf78fb5fd9fa6f63f26ee69df1132e |
View Raw JSON Data
{
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}delicious-kimchiupvoted (30.00%) @altcoinbeast / lm8k9fsf2018/10/27 05:01:24
delicious-kimchiupvoted (30.00%) @altcoinbeast / lm8k9fsf
2018/10/27 05:01:24
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | delicious-kimchi |
| weight | 3000 (30.00%) |
| Transaction Info | Block #27165552/Trx f8c059a88d9d8acfea3cc16f08bb57c619f1c3c1 |
View Raw JSON Data
{
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}delicious-kimchiupvoted (30.00%) @altcoinbeast / lm8k9fsf2018/10/27 05:00:42
delicious-kimchiupvoted (30.00%) @altcoinbeast / lm8k9fsf
2018/10/27 05:00:42
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | delicious-kimchi |
| weight | 3000 (30.00%) |
| Transaction Info | Block #27165538/Trx 7a039a10339bc59aeb2ac253fd39b80f03e57d2a |
View Raw JSON Data
{
"block": 27165538,
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}delicious-kimchiupvoted (50.00%) @altcoinbeast / lm8k9fsf2018/09/30 12:36:27
delicious-kimchiupvoted (50.00%) @altcoinbeast / lm8k9fsf
2018/09/30 12:36:27
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | delicious-kimchi |
| weight | 5000 (50.00%) |
| Transaction Info | Block #26397597/Trx a6f5ce70694d4cab6d47b9e4a812e61eee0656da |
View Raw JSON Data
{
"block": 26397597,
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}delicious-kimchiupvoted (50.00%) @altcoinbeast / lm8k9fsf2018/09/30 12:35:57
delicious-kimchiupvoted (50.00%) @altcoinbeast / lm8k9fsf
2018/09/30 12:35:57
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | delicious-kimchi |
| weight | 5000 (50.00%) |
| Transaction Info | Block #26397587/Trx ff9814f2d86e6135eef565aff034a01b4f3c135f |
View Raw JSON Data
{
"block": 26397587,
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}delicious-kimchiupvoted (50.00%) @altcoinbeast / lm8k9fsf2018/09/30 12:31:42
delicious-kimchiupvoted (50.00%) @altcoinbeast / lm8k9fsf
2018/09/30 12:31:42
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | delicious-kimchi |
| weight | 5000 (50.00%) |
| Transaction Info | Block #26397502/Trx 9e3d7855cd6d83ee2a203317b70136aff981f3e6 |
View Raw JSON Data
{
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}delicious-kimchiupvoted (50.00%) @altcoinbeast / lm8k9fsf2018/09/30 12:16:57
delicious-kimchiupvoted (50.00%) @altcoinbeast / lm8k9fsf
2018/09/30 12:16:57
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | delicious-kimchi |
| weight | 5000 (50.00%) |
| Transaction Info | Block #26397207/Trx 98dc292eeb370c6486d9d269449d24574fc22f1f |
View Raw JSON Data
{
"block": 26397207,
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{
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}delicious-kimchiupvoted (50.00%) @altcoinbeast / lm8k9fsf2018/09/22 05:02:48
delicious-kimchiupvoted (50.00%) @altcoinbeast / lm8k9fsf
2018/09/22 05:02:48
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | delicious-kimchi |
| weight | 5000 (50.00%) |
| Transaction Info | Block #26158497/Trx 802c82f7a6a2135279dc9a454d695bce0231c7de |
View Raw JSON Data
{
"block": 26158497,
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"vote",
{
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}delicious-kimchiupvoted (50.00%) @altcoinbeast / lm8k9fsf2018/09/22 05:02:27
delicious-kimchiupvoted (50.00%) @altcoinbeast / lm8k9fsf
2018/09/22 05:02:27
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | delicious-kimchi |
| weight | 5000 (50.00%) |
| Transaction Info | Block #26158490/Trx 4c732373b0c25a18f9b29fde32ab75e976a22603 |
View Raw JSON Data
{
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}delicious-kimchiupvoted (50.00%) @altcoinbeast / lm8k9fsf2018/09/22 02:35:06
delicious-kimchiupvoted (50.00%) @altcoinbeast / lm8k9fsf
2018/09/22 02:35:06
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | delicious-kimchi |
| weight | 5000 (50.00%) |
| Transaction Info | Block #26155544/Trx b99ea3ce598a2a75aeb7ef1f7dbea6a5f1e6a090 |
View Raw JSON Data
{
"block": 26155544,
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}delicious-kimchiupvoted (50.00%) @altcoinbeast / lm8k9fsf2018/09/22 02:24:09
delicious-kimchiupvoted (50.00%) @altcoinbeast / lm8k9fsf
2018/09/22 02:24:09
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | delicious-kimchi |
| weight | 5000 (50.00%) |
| Transaction Info | Block #26155325/Trx 7fdccf3054d2b09bd177db65cc44ebe8de9d26dd |
View Raw JSON Data
{
"block": 26155325,
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"vote",
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}delicious-kimchiupvoted (20.00%) @altcoinbeast / lm8k9fsf2018/08/30 00:55:39
delicious-kimchiupvoted (20.00%) @altcoinbeast / lm8k9fsf
2018/08/30 00:55:39
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | delicious-kimchi |
| weight | 2000 (20.00%) |
| Transaction Info | Block #25507035/Trx 9da8925ba7e2623267f8b34767cb0fe58d06aa0d |
View Raw JSON Data
{
"block": 25507035,
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"vote",
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}delicious-kimchiupvoted (20.00%) @altcoinbeast / lm8k9fsf2018/08/30 00:54:42
delicious-kimchiupvoted (20.00%) @altcoinbeast / lm8k9fsf
2018/08/30 00:54:42
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | delicious-kimchi |
| weight | 2000 (20.00%) |
| Transaction Info | Block #25507016/Trx 05b945f259bedbf1025d0c1b29ac31f60afae187 |
View Raw JSON Data
{
"block": 25507016,
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}delicious-kimchiupvoted (20.00%) @altcoinbeast / lm8k9fsf2018/08/30 00:54:18
delicious-kimchiupvoted (20.00%) @altcoinbeast / lm8k9fsf
2018/08/30 00:54:18
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | delicious-kimchi |
| weight | 2000 (20.00%) |
| Transaction Info | Block #25507008/Trx 8eca8d5060a478eea2675846cfa9b4fb60657691 |
View Raw JSON Data
{
"block": 25507008,
"op": [
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{
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"timestamp": "2018-08-30T00:54:18",
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}delicious-kimchiupvoted (10.00%) @altcoinbeast / lm8k9fsf2018/08/30 00:41:48
delicious-kimchiupvoted (10.00%) @altcoinbeast / lm8k9fsf
2018/08/30 00:41:48
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | delicious-kimchi |
| weight | 1000 (10.00%) |
| Transaction Info | Block #25506759/Trx 827182583bcbe20d952b4f02509471ce85bb5ee7 |
View Raw JSON Data
{
"block": 25506759,
"op": [
"vote",
{
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}yys1221upvoted (50.00%) @altcoinbeast / lm8k9fsf2018/06/01 01:25:15
yys1221upvoted (50.00%) @altcoinbeast / lm8k9fsf
2018/06/01 01:25:15
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | yys1221 |
| weight | 5000 (50.00%) |
| Transaction Info | Block #22927560/Trx 5a8d526a452325b561f7b1544e17fc268a929a18 |
View Raw JSON Data
{
"block": 22927560,
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"vote",
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"timestamp": "2018-06-01T01:25:15",
"trx_id": "5a8d526a452325b561f7b1544e17fc268a929a18",
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}yys1221upvoted (50.00%) @altcoinbeast / lm8k9fsf2018/06/01 01:23:45
yys1221upvoted (50.00%) @altcoinbeast / lm8k9fsf
2018/06/01 01:23:45
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | yys1221 |
| weight | 5000 (50.00%) |
| Transaction Info | Block #22927530/Trx 5a86f7f60fdf2fbe8a7eaa3eb7958eec5d6026ae |
View Raw JSON Data
{
"block": 22927530,
"op": [
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"timestamp": "2018-06-01T01:23:45",
"trx_id": "5a86f7f60fdf2fbe8a7eaa3eb7958eec5d6026ae",
"trx_in_block": 21,
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}yys1221upvoted (50.00%) @altcoinbeast / lm8k9fsf2018/06/01 01:23:12
yys1221upvoted (50.00%) @altcoinbeast / lm8k9fsf
2018/06/01 01:23:12
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | yys1221 |
| weight | 5000 (50.00%) |
| Transaction Info | Block #22927519/Trx d65807c1a459c364e7fba70b40e7cb3a60d90539 |
View Raw JSON Data
{
"block": 22927519,
"op": [
"vote",
{
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"op_in_trx": 0,
"timestamp": "2018-06-01T01:23:12",
"trx_id": "d65807c1a459c364e7fba70b40e7cb3a60d90539",
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}yys1221upvoted (50.00%) @altcoinbeast / lm8k9fsf2018/05/31 23:26:54
yys1221upvoted (50.00%) @altcoinbeast / lm8k9fsf
2018/05/31 23:26:54
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | yys1221 |
| weight | 5000 (50.00%) |
| Transaction Info | Block #22925196/Trx e1215e25e92a16d4b00f6342c06ad49c75c9e081 |
View Raw JSON Data
{
"block": 22925196,
"op": [
"vote",
{
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"timestamp": "2018-05-31T23:26:54",
"trx_id": "e1215e25e92a16d4b00f6342c06ad49c75c9e081",
"trx_in_block": 35,
"virtual_op": 0
}steemdelegated 5.626 SP to @altcoinbeast2018/05/16 20:05:09
steemdelegated 5.626 SP to @altcoinbeast
2018/05/16 20:05:09
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 9148.954534 VESTS |
| Transaction Info | Block #22489605/Trx 1ce92c29e15a39c6403a12fece3a0afbfd02f8d4 |
View Raw JSON Data
{
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"op": [
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}steemdelegated 18.148 SP to @altcoinbeast2018/05/06 06:18:12
steemdelegated 18.148 SP to @altcoinbeast
2018/05/06 06:18:12
| delegatee | altcoinbeast |
| delegator | steem |
| vesting shares | 29514.120055 VESTS |
| Transaction Info | Block #22185113/Trx bd280446fda395e332ff206711216a8b55e558c2 |
View Raw JSON Data
{
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}nominchulupvoted (50.00%) @altcoinbeast / lm8k9fsf2018/03/03 03:31:27
nominchulupvoted (50.00%) @altcoinbeast / lm8k9fsf
2018/03/03 03:31:27
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | nominchul |
| weight | 5000 (50.00%) |
| Transaction Info | Block #20340818/Trx a53c49e7f75978ad1f330cdad151abd71f4b86b0 |
View Raw JSON Data
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}nominchulupvoted (50.00%) @altcoinbeast / lm8k9fsf2018/03/03 03:30:54
nominchulupvoted (50.00%) @altcoinbeast / lm8k9fsf
2018/03/03 03:30:54
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | nominchul |
| weight | 5000 (50.00%) |
| Transaction Info | Block #20340807/Trx aaa659487154a7ed4409b9b67bb425196721f167 |
View Raw JSON Data
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}nominchulupvoted (50.00%) @altcoinbeast / lm8k9fsf2018/02/24 02:02:42
nominchulupvoted (50.00%) @altcoinbeast / lm8k9fsf
2018/02/24 02:02:42
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | nominchul |
| weight | 5000 (50.00%) |
| Transaction Info | Block #20137675/Trx a747b485cf6bfdf80e39f41a8133b9f6df3bbd73 |
View Raw JSON Data
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}nominchulupvoted (50.00%) @altcoinbeast / lm8k9fsf2018/02/24 01:21:51
nominchulupvoted (50.00%) @altcoinbeast / lm8k9fsf
2018/02/24 01:21:51
| author | altcoinbeast |
| permlink | lm8k9fsf |
| voter | nominchul |
| weight | 5000 (50.00%) |
| Transaction Info | Block #20136859/Trx eea9f3e5be2c7e47234f31740fa3ef63698c8091 |
View Raw JSON Data
{
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}chaka321upvoted (100.00%) @altcoinbeast / dragon-chain2018/02/22 14:22:51
chaka321upvoted (100.00%) @altcoinbeast / dragon-chain
2018/02/22 14:22:51
| author | altcoinbeast |
| permlink | dragon-chain |
| voter | chaka321 |
| weight | 10000 (100.00%) |
| Transaction Info | Block #20094885/Trx 295abd89e1afd9a1403c1ce4750bb996d3554ef5 |
View Raw JSON Data
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}altcoinbeastupvoted (100.00%) @evendesign / beautiful-weather2018/02/10 13:24:57
altcoinbeastupvoted (100.00%) @evendesign / beautiful-weather
2018/02/10 13:24:57
| author | evendesign |
| permlink | beautiful-weather |
| voter | altcoinbeast |
| weight | 10000 (100.00%) |
| Transaction Info | Block #19748345/Trx add4927ddcaab3ef1a93cb4d3adb49e8e9e02a47 |
View Raw JSON Data
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}altcoinbeastupvoted (100.00%) @diabolika / my-new-toy-is-making-me-happy2018/02/10 13:24:45
altcoinbeastupvoted (100.00%) @diabolika / my-new-toy-is-making-me-happy
2018/02/10 13:24:45
| author | diabolika |
| permlink | my-new-toy-is-making-me-happy |
| voter | altcoinbeast |
| weight | 10000 (100.00%) |
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View Raw JSON Data
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}altcoinbeastvoted for witness @reggaemuffin2018/02/10 13:19:48
altcoinbeastvoted for witness @reggaemuffin
2018/02/10 13:19:48
| account | altcoinbeast |
| approve | true |
| witness | reggaemuffin |
| Transaction Info | Block #19748242/Trx f7362e3b659f45d875b5bcd74dd1200559a4a6f4 |
View Raw JSON Data
{
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}altcoinbeastvoted for witness @klye2018/02/10 13:19:33
altcoinbeastvoted for witness @klye
2018/02/10 13:19:33
| account | altcoinbeast |
| approve | true |
| witness | klye |
| Transaction Info | Block #19748237/Trx f0de31b18da40b940c4deff52d162b6c967c8063 |
View Raw JSON Data
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}altcoinbeastvoted for witness @netuoso2018/02/10 13:19:27
altcoinbeastvoted for witness @netuoso
2018/02/10 13:19:27
| account | altcoinbeast |
| approve | true |
| witness | netuoso |
| Transaction Info | Block #19748235/Trx 64802cee27bc44b3eac6d10045d3f91e415d110f |
View Raw JSON Data
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}altcoinbeastvoted for witness @curie2018/02/10 13:17:33
altcoinbeastvoted for witness @curie
2018/02/10 13:17:33
| account | altcoinbeast |
| approve | true |
| witness | curie |
| Transaction Info | Block #19748197/Trx 2f20859242570a3b3f877cd24a81dcf3b8a5c3b3 |
View Raw JSON Data
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}altcoinbeastvoted for witness @patrice2018/02/10 13:16:54
altcoinbeastvoted for witness @patrice
2018/02/10 13:16:54
| account | altcoinbeast |
| approve | true |
| witness | patrice |
| Transaction Info | Block #19748184/Trx 47c9d27ba6224951797c298aa2e641f282fa8c19 |
View Raw JSON Data
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}2018/02/10 13:15:06
2018/02/10 13:15:06
| author | laique |
| body | Good job... |
| json metadata | {"tags":["money"],"app":"steemit/0.1"} |
| parent author | altcoinbeast |
| parent permlink | 0x-an-ethereum-based-coin-exchange |
| permlink | re-altcoinbeast-0x-an-ethereum-based-coin-exchange-20180210t131459838z |
| title | |
| Transaction Info | Block #19748148/Trx b99d368062e734bb65ceded552c6812f12cc7fd3 |
View Raw JSON Data
{
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}socrates1997upvoted (100.00%) @altcoinbeast / 0x-an-ethereum-based-coin-exchange2018/02/10 13:13:48
socrates1997upvoted (100.00%) @altcoinbeast / 0x-an-ethereum-based-coin-exchange
2018/02/10 13:13:48
| author | altcoinbeast |
| permlink | 0x-an-ethereum-based-coin-exchange |
| voter | socrates1997 |
| weight | 10000 (100.00%) |
| Transaction Info | Block #19748122/Trx 8e4216092aa358d1dda57b7c33a11d82103462a6 |
View Raw JSON Data
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}altcoinbeastpublished a new post: 0x-an-ethereum-based-coin-exchange2018/02/10 13:10:45
altcoinbeastpublished a new post: 0x-an-ethereum-based-coin-exchange
2018/02/10 13:10:45
| author | altcoinbeast |
| body |  0x is a protocol that allows ethereum applications to communicate with each other. This will allow them to create a decentralized exchanges for users to trade tokens. Recall that Ethereum is a platform which allows people to build their own blockchain applications. This includes coins. In order for people to exchange coins, there are a variety of decentralized exchanges. The problem is that many exchanges are placing their order books on the blockchain. Every time an order is placed, users have to spend a fee to add their transaction to the blockchain. If an order is added, cancelled or changed, then users will have to pay a fee each time. If the market fluctuates too much, these fees will add up for users. There are a few solutions to reduce the amount of times transactions are posted to the blockchain. One solution is to use a smart contract (AMM) that keeps track of the pricing, instead of relying on the blockchain. Another solution is to move these transactions “off chain” into something called “state channels”. State channels allow people to create transactions off the blockchain, and only submit them after everyone is in agreement. However, both of these solutions have problems. In order for “state channels” to work, they have to be online at all times. This means they are more likely to be attacked by people who will prevent them from staying online. AMM (Automated Market Makers) are only effective if the price-adjustment is accurate. This is needed to make sure that the price doesn’t fluctuate too much. 0x wants to implement a hybrid solution. Users place orders off-chain and will interact with the blockchain via smart contracts. The protocol includes relayers who will broadcast orders for users to buy and sell. Relayers can set their fees, but users who want to place an order must agree to the fees before they post an order. Only users can initiate an order. The protocol also includes point to point messages, which allows people to privately message each other in order to trade coins. Once users decide to trade coins, the trade has to go through smart contacts. The smart contract in use has two main functions: to fill the order or to cancel it. If users decided to use relayers, the relayers will only place a call to the smart contract after buyer and seller submit valid orders. The token will be used to keep the protocol’s smart contract updated and to help users pay fees to the relayers. |
| json metadata | {"tags":["money","crypto","cryptocurrency","news","blog"],"image":["https://steemitimages.com/DQmTtbPoTBUjZLYm77VFSZqqnXvnTaZpwvh3uQzXnG6BeXu/64286779-0E66-4303-98CC-F26BD8E5BF51.png"],"app":"steemit/0.1","format":"markdown"} |
| parent author | |
| parent permlink | money |
| permlink | 0x-an-ethereum-based-coin-exchange |
| title | 0x: An Ethereum Based Coin Exchange |
| Transaction Info | Block #19748061/Trx 11fb12a5a40815dfcb63e373b3f053c1eb11225d |
View Raw JSON Data
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"body": "\n\n\n0x is a protocol that allows ethereum applications to communicate with each other. This will allow them to create a decentralized exchanges for users to trade tokens. \n\nRecall that Ethereum is a platform which allows people to build their own blockchain applications. This includes coins. In order for people to exchange coins, there are a variety of decentralized exchanges. The problem is that many exchanges are placing their order books on the blockchain. Every time an order is placed, users have to spend a fee to add their transaction to the blockchain. If an order is added, cancelled or changed, then users will have to pay a fee each time. If the market fluctuates too much, these fees will add up for users. \n\nThere are a few solutions to reduce the amount of times transactions are posted to the blockchain. One solution is to use a smart contract (AMM) that keeps track of the pricing, instead of relying on the blockchain. Another solution is to move these transactions “off chain” into something called “state channels”. State channels allow people to create transactions off the blockchain, and only submit them after everyone is in agreement. However, both of these solutions have problems. In order for “state channels” to work, they have to be online at all times. This means they are more likely to be attacked by people who will prevent them from staying online. AMM (Automated Market Makers) are only effective if the price-adjustment is accurate. This is needed to make sure that the price doesn’t fluctuate too much.\n\n0x wants to implement a hybrid solution. Users place orders off-chain and will interact with the blockchain via smart contracts.\n\nThe protocol includes relayers who will broadcast orders for users to buy and sell. Relayers can set their fees, but users who want to place an order must agree to the fees before they post an order. Only users can initiate an order. The protocol also includes point to point messages, which allows people to privately message each other in order to trade coins. Once users decide to trade coins, the trade has to go through smart contacts. The smart contract in use has two main functions: to fill the order or to cancel it. If users decided to use relayers, the relayers will only place a call to the smart contract after buyer and seller submit valid orders.\n\nThe token will be used to keep the protocol’s smart contract updated and to help users pay fees to the relayers.",
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}2018/02/04 18:24:33
2018/02/04 18:24:33
| author | lexiconical |
| body | This is true, I suppose it could certainly be worse. |
| json metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
| parent author | altcoinbeast |
| parent permlink | re-lexiconical-warren-buffett-calls-bitcoin-a-joke-as-us-population-systematically-impoverished-record-30-of-adults-living-with-roommate-20171228t040318873z |
| permlink | re-altcoinbeast-re-lexiconical-warren-buffett-calls-bitcoin-a-joke-as-us-population-systematically-impoverished-record-30-of-adults-living-with-roommate-20180204t182431221z |
| title | |
| Transaction Info | Block #19581848/Trx 828ad7e4d1ed689ac70daf5ee59bf5ec5fcd60eb |
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}2018/01/31 00:39:42
2018/01/31 00:39:42
| author | nzfxtrader |
| body | I've confirmed that the CFTC did subpoena Bitfinex and Tether -- though the subpoena was delivered on December 6. *Time to get OUT of tether and INTO Bitcoin.* |
| json metadata | {"tags":["cryptocurrency"],"app":"steemit/0.1"} |
| parent author | altcoinbeast |
| parent permlink | tether-where-there-s-smoke |
| permlink | re-altcoinbeast-tether-where-there-s-smoke-20180131t003941163z |
| title | |
| Transaction Info | Block #19445601/Trx 088287d18d81b4ee94f0d5fa22d2a124ea17dd7e |
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"author": "nzfxtrader",
"body": "I've confirmed that the CFTC did subpoena Bitfinex and Tether -- though the subpoena was delivered on December 6.\n*Time to get OUT of tether and INTO Bitcoin.*",
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}totallytishhupvoted (100.00%) @altcoinbeast / tether-where-there-s-smoke2018/01/30 19:49:06
totallytishhupvoted (100.00%) @altcoinbeast / tether-where-there-s-smoke
2018/01/30 19:49:06
| author | altcoinbeast |
| permlink | tether-where-there-s-smoke |
| voter | totallytishh |
| weight | 10000 (100.00%) |
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2018/01/30 19:48:48
| author | totallytishh |
| body | interesting article..this was my first time hearing about tether. thanks again for offering your support to my new steemit journey |
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| parent author | altcoinbeast |
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}makeitdailyupvoted (100.00%) @altcoinbeast / tether-where-there-s-smoke2018/01/30 05:46:27
makeitdailyupvoted (100.00%) @altcoinbeast / tether-where-there-s-smoke
2018/01/30 05:46:27
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}altcoinbeastpublished a new post: tether-where-there-s-smoke2018/01/30 05:45:48
altcoinbeastpublished a new post: tether-where-there-s-smoke
2018/01/30 05:45:48
| author | altcoinbeast |
| body | There's money laundering. This feels like money laundering. This is not a whitepaper analysis. The following is purely an opinion about a cryptocurrency based on facts and some speculation. It will likely be updated. Facts: Tether is a company which pegs its currency to the USD. Tether is built on the bitcoin blockchain. You can use tether just like you can use bitcoin. Tether is not based on Proof of Work like Bitcoin. Instead it's based on Proof of Reserves. Ie they will be audited to prove they have the money to back up the coins in circulation. While other coins are finite, because it's tracking to USD, Tether can create coins. Theoretically, the more USD people use to buy Tether, the more Tether coins are created. Jan Ludovicus van der Veld is the CEO of Tether and the Bitfinex exchange. This connection was found with the release of the Paradise Papers. For those just joining us, those papers were leaked from multiple off shore business and tax haven accounts. Tether recently dissolved their relationship with their auditor Friedman LLP. Quote from [Coindesk](https://www.coindesk.com/tether-confirms-relationship-auditor-dissolved/) >“Given the excruciatingly detailed procedures Friedman was undertaking for the relatively simple balance sheet of tether, it became clear that an audit would be unattainable in a reasonable time frame." [According to archives](https://medium.com/@bitfinexed/bitfinex-fails-to-perform-promised-audits-instead-they-have-a-shareholder-tell-everyone-its-all-965ae7037b5d?source=linkShare-50aad29342cd-1517277240), Friedman LLP was meant to audit Bitfinex in March 2017. However, the Bitfinex audit never materialized. In the past month, Tether has created 400 million Tether coins equivalent to 400 million USD. Rumors The main thinking behind these peculiarities is that Tether has little money backing the actual volume of Tethers created. Some have said that Tether is creating new coins when other altcoins are exchanged for Tether coins. Very few exchanges allow you to buy Tether for USD. Bitfinex is one of those exchanges. The rumors are that when people trade USD for other cryptocurrencies on Bitfinex, they have their money converted into Tether first. That means they can create 100 Tether tokens. 100 USD -> 100 Tether -> $100 Bitcoin Now if that relationship works in the same way, but backwards then when have a problem. $100 Bitcoin -> 100 Tether -> 100 USD Theoretically, they can create another 100 Tether. This means 200 Tethers are created with two transactions and the same $100. Opinion I have mixed feelings about using a coin that's pegged to fiat. However, given the constant up and downs of crypto, it's nice to have a safe haven of sorts. You can get your feet wet and not worry too much about risk. I understand, but it you might as well invest money in a few altcoins. At least then you'll probably make a few dollars within a few years as opposed to losing value due to USD inflation. I can't lie. I'm piecing together this information from a variety of sources over the past year or so. I don't understand why they can't comply with their auditors. If their process is simple, no matter how detailed the audit is, you should be able to provide the required information. Personally, given the Paradise Papers connection, it's just as likely that they are using Tether and Bitfinex to funnel money. It follows the similar methods of money laundering. A drug dealer buys a sandwich shop for $100,000. After 6 months, that shop is now doing $500,000 in business. Bitcoin managed to create billions of dollars in wealth less than a decade. Other cryptocurrencies, such as Tether, have followed similar patterns. In less than a year, Tether has a market cap of more than 2 billion dollars. That will explain the money you have in a few offshore accounts. This can play out in a multitude of ways, but given the people involved and their history, it doesn't look good. They either don't have the money, or cant tell you where they got it from. |
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| permlink | tether-where-there-s-smoke |
| title | Tether: Where there's smoke... |
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"body": "There's money laundering. This feels like money laundering.\n\nThis is not a whitepaper analysis. The following is purely an opinion about a cryptocurrency based on facts and some speculation. It will likely be updated.
\n\nFacts:
\n\nTether is a company which pegs its currency to the USD.
\n\nTether is built on the bitcoin blockchain. You can use tether just like you can use bitcoin.
\n\nTether is not based on Proof of Work like Bitcoin. Instead it's based on Proof of Reserves. Ie they will be audited to prove they have the money to back up the coins in circulation.
\n\nWhile other coins are finite, because it's tracking to USD, Tether can create coins. Theoretically, the more USD people use to buy Tether, the more Tether coins are created.
\n\nJan Ludovicus van der Veld is the CEO of Tether and the Bitfinex exchange. This connection was found with the release of the Paradise Papers. For those just joining us, those papers were leaked from multiple off shore business and tax haven accounts.
\n\nTether recently dissolved their relationship with their auditor Friedman LLP.
\n\nQuote from [Coindesk](https://www.coindesk.com/tether-confirms-relationship-auditor-dissolved/)
\n\n>“Given the excruciatingly detailed procedures Friedman was undertaking for the relatively simple balance sheet of tether, it became clear that an audit would be unattainable in a reasonable time frame.\"\n\n
[According to archives](https://medium.com/@bitfinexed/bitfinex-fails-to-perform-promised-audits-instead-they-have-a-shareholder-tell-everyone-its-all-965ae7037b5d?source=linkShare-50aad29342cd-1517277240), Friedman LLP was meant to audit Bitfinex in March 2017. However, the Bitfinex audit never materialized.
\n\nIn the past month, Tether has created 400 million Tether coins equivalent to 400 million USD.
\n\nRumors
\n\nThe main thinking behind these peculiarities is that Tether has little money backing the actual volume of Tethers created.
\n\nSome have said that Tether is creating new coins when other altcoins are exchanged for Tether coins.\n\n
Very few exchanges allow you to buy Tether for USD. Bitfinex is one of those exchanges. The rumors are that when people trade USD for other cryptocurrencies on Bitfinex, they have their money converted into Tether first. That means they can create 100 Tether tokens.
\n\n100 USD -> 100 Tether -> $100 Bitcoin\n\nNow if that relationship works in the same way, but backwards then when have a problem.
\n\n$100 Bitcoin -> 100 Tether -> 100 USD
\n\nTheoretically, they can create another 100 Tether. This means 200 Tethers are created with two transactions and the same $100.
\n\nOpinion
\n\nI have mixed feelings about using a coin that's pegged to fiat. However, given the constant up and downs of crypto, it's nice to have a safe haven of sorts. You can get your feet wet and not worry too much about risk. I understand, but it you might as well invest money in a few altcoins. At least then you'll probably make a few dollars within a few years as opposed to losing value due to USD inflation.
\n\nI can't lie. I'm piecing together this information from a variety of sources over the past year or so. I don't understand why they can't comply with their auditors. If their process is simple, no matter how detailed the audit is, you should be able to provide the required information.
Personally, given the Paradise Papers connection, it's just as likely that they are using Tether and Bitfinex to funnel money. It follows the similar methods of money laundering. A drug dealer buys a sandwich shop for $100,000. After 6 months, that shop is now doing $500,000 in business.\n\nBitcoin managed to create billions of dollars in wealth less than a decade. Other cryptocurrencies, such as Tether, have followed similar patterns. In less than a year, Tether has a market cap of more than 2 billion dollars. That will explain the money you have in a few offshore accounts.
\n\nThis can play out in a multitude of ways, but given the people involved and their history, it doesn't look good. They either don't have the money, or cant tell you where they got it from.",
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}libomisupvoted (100.00%) @altcoinbeast / dragon-chain2018/01/20 01:54:36
libomisupvoted (100.00%) @altcoinbeast / dragon-chain
2018/01/20 01:54:36
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| permlink | dragon-chain |
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}altcoinbeastpublished a new post: a-plea-against-bitcoin-ignorance2018/01/17 03:28:27
altcoinbeastpublished a new post: a-plea-against-bitcoin-ignorance
2018/01/17 03:28:27
| author | altcoinbeast |
| body | Article from The Guardian ["So you're thinking about investing in bitcoin? Don't. "](https://www.theguardian.com/technology/2018/jan/15/should-i-invest-bitcoin-dont-mr-money-moustache?CMP=Share_iOSApp_Other) It's a long and interesting "takedown" of the cryptocurrency market. Most of the points aren't wrong. Yes, you can get hacked. Yes, money has been stolen by hackers. Yes, you have pump and dump schemes. Yes, the same dangers that plague you on the internet will also haunt you in crypto. However, for those of us who resolved ourselves to embrace this wacky internet, we know and accept these risks. It's simply a part of life. I'm not against warning people of the risks of any new technology, but I have a problem with scare tactics. This entire article is designed to scare people off. Especially those who know nothing about computers. When speaking of gold, tulip bulbs and Beanie Babies he says: >"These are all things that people have bought in the past, driving them to absurd prices, not because they did anything useful or produced money or had social value, but solely because people thought they could sell them on to someone else for more money in the future. " Remember the real estate market in 2007? That entire thing was pure speculation. I can recall sitting in my middle-class neighborhood in the US, watching the values of the houses next door double and then triple. Meanwhile, I was wondering if I would ever be able to get a job to afford a house next to my parents. The people flipping houses did not, and are not, trying to provide value for anyone. They are doing it with the hope of selling it for a higher price to someone in the future. That was speculation. Honestly, if speculation scares you, then you should check out from the world entirely. As if on cue, he says: >"Investing means buying an asset that actually creates products, services or cashflow, such as a profitable business or a rentable piece of real estate, for an extended period of time." Well, I just talked about real estate speculation and the bubbles they can produce. However, this indicates to me that he really doesn't understand much about the power of the blockchain and the coins they produce. Dentacoin wants to use its blockchain and cryptocurrency to improve communication between doctors and patients, and subsequently improve patient care. Does that provide a service? Steem has created a blockchain social media community that is designed to pay content creators instead of selling their content to advertisers. Does that provide a service? Ripple is using the blockchain to improve the transfer speed of money, from days to actual seconds. Does that provide cash flow? For those of you who don't understand much about how crypto works, I'll try to give you a quick rundown. Every crypto coin is based on something called a blockchain. The blockchain is a public ledger that keeps track of transactions. However, it can be used to keep track of anything. The blockchain technology's main point of focus is decentralization. If you have a Visa card, Visa keeps track of all your purchases to prevent fraud and to prevent you from spending the same dollar twice. If they didn't not only would you have unlimited credit, you would also be at the mercy of people who stole your number. Miners are the people who help secure the blockchain to prevent fraud and double spending. While Visa keeps its ledgers on its servers, miners across the world keep a copy of the ledger on their computers. Because of this, the bitcoin (any cryptocurrency) ledger is made public and decentralized. Miners also do computational work to verify that your transaction is a legitimate one. In order to keep it decentralized, you have to incentivize miners to hold the ledger and continue to verify transactions. The main incentive is paying them for the work they do. This is why the coins are important. The blockchain is not simply "nifty software". It is an entirely new way of thinking about community. I've read many white papers that focus not only on technology and mathematics but also social organization and economic theory. Why? Because the community is important. The bitcoin community started in 2008 and bitcoin had no value. Yet, but by virtue of community involvement and belief, the value started to rise. I know what people will say next. Bitcoin has nothing behind it. Honestly, neither does the dollar you hold in your pocket. There is literally nothing behind it. You believe it has value because we, as a community, have agreed that it has value. But beyond the theoretical, I decided to get involved in this community by taking my some of my dollars to buy these coins. Others choose to invest in computational power, and its energy cost, to mine coins. At any rate, what you are seeing is the transfer of value from the traditional financial market into the cryptomarket. A few years ago the total market value of crypto was a hundred million. Today that value is over 500 million. The author warns us to not "be one of these fools". However, I happen to believe in the future of this technology, its applications, and future value. So, in the spirit of Philip Mudd, I'm a proud fool. |
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"body": "Article from The Guardian
\n\n[\"So you're thinking about investing in bitcoin? Don't.
\"](https://www.theguardian.com/technology/2018/jan/15/should-i-invest-bitcoin-dont-mr-money-moustache?CMP=Share_iOSApp_Other)\n\nIt's a long and interesting \"takedown\" of the cryptocurrency market.
\n\nMost of the points aren't wrong. Yes, you can get hacked. Yes, money has been stolen by hackers. Yes, you have pump and dump schemes. Yes, the same dangers that plague you on the internet will also haunt you in crypto. However, for those of us who resolved ourselves to embrace this wacky internet, we know and accept these risks. It's simply a part of life.
\n\nI'm not against warning people of the risks of any new technology, but I have a problem with scare tactics. This entire article is designed to scare people off. Especially those who know nothing about computers.
\n\nWhen speaking of gold, tulip bulbs and Beanie Babies he says:
\n\n>\"These are all things that people have bought in the past, driving them to absurd prices, not because they did anything useful or produced money or had social value, but solely because people thought they could sell them on to someone else for more money in the future.
\"\n\nRemember the real estate market in 2007? That entire thing was pure speculation. I can recall sitting in my middle-class neighborhood in the US, watching the values of the houses next door double and then triple. Meanwhile, I was wondering if I would ever be able to get a job to afford a house next to my parents. The people flipping houses did not, and are not, trying to provide value for anyone. They are doing it with the hope of selling it for a higher price to someone in the future. That was speculation. Honestly, if speculation scares you, then you should check out from the world entirely.
\n\nAs if on cue, he says:
\n\n>\"Investing means buying an asset that actually creates products, services or cashflow, such as a profitable business or a rentable piece of real estate, for an extended period of time.\"\n\n
Well, I just talked about real estate speculation and the bubbles they can produce. However, this indicates to me that he really doesn't understand much about the power of the blockchain and the coins they produce. Dentacoin wants to use its blockchain and cryptocurrency to improve communication between doctors and patients, and subsequently improve patient care. Does that provide a service? Steem has created a blockchain social media community that is designed to pay content creators instead of selling their content to advertisers. Does that provide a service? Ripple is using the blockchain to improve the transfer speed of money, from days to actual seconds. Does that provide cash flow?
\n\nFor those of you who don't understand much about how crypto works, I'll try to give you a quick rundown. Every crypto coin is based on something called a blockchain. The blockchain is a public ledger that keeps track of transactions. However, it can be used to keep track of anything.
\n\nThe blockchain technology's main point of focus is decentralization. If you have a Visa card, Visa keeps track of all your purchases to prevent fraud and to prevent you from spending the same dollar twice. If they didn't not only would you have unlimited credit, you would also be at the mercy of people who stole your number.
Miners are the people who help secure the blockchain to prevent fraud and double spending. While Visa keeps its ledgers on its servers, miners across the world keep a copy of the ledger on their computers. Because of this, the bitcoin (any cryptocurrency) ledger is made public and decentralized. \n\nMiners also do computational work to verify that your transaction is a legitimate one. In order to keep it decentralized, you have to incentivize miners to hold the ledger and continue to verify transactions. The main incentive is paying them for the work they do. This is why the coins are important.
\n\nThe blockchain is not simply \"nifty software\". It is an entirely new way of thinking about community. I've read many white papers that focus not only on technology and mathematics but also social organization and economic theory. Why? Because the community is important. The bitcoin community started in 2008 and bitcoin had no value. Yet, but by virtue of community involvement and belief, the value started to rise.
\n\nI know what people will say next. Bitcoin has nothing behind it. Honestly, neither does the dollar you hold in your pocket. There is literally nothing behind it. You believe it has value because we, as a community, have agreed that it has value. But beyond the theoretical, I decided to get involved in this community by taking my some of my dollars to buy these coins. Others choose to invest in computational power, and its energy cost, to mine coins. At any rate, what you are seeing is the transfer of value from the traditional financial market into the cryptomarket. A few years ago the total market value of crypto was a hundred million. Today that value is over 500 million.
\n\nThe author warns us to not \"be one of these fools\". However, I happen to believe in the future of this technology, its applications, and future value. So, in the spirit of Philip Mudd, I'm a proud fool.",
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}altcoinbeastpublished a new post: steem-it2018/01/12 06:19:00
altcoinbeastpublished a new post: steem-it
2018/01/12 06:19:00
| author | altcoinbeast |
| body |  Steem fashions itself as more of a company than a cryptocurrency. They focus on getting the community involved by creating incentives for monetary investment. Here's how it works: I can buy STEEM with dollars (USD, GBP, JPY, etc). I can then convert that STEEM into STEEM power (SP). Doing that means my money will be invested for at least 13 weeks before I can take it out. However, that investment gives me more influence over voting in the community. In addition to STEEM and SP, there are STEEM dollars (SBD). STEEM dollars (SBD) are debt instruments that pay interest to users and are tightly bound to the United States dollar. Interest payments will be determined by how the SBD performs against the US dollar. They determine this with a price feed. The price feed is determined by witnesses. Those who hold SP can elect the witnesses who decide the price feed. The price feed is decided by taking a rolling average of what the witnesses decide the SBD price should be. This average is made over a period of 3.5 days. The fundamental question is: Are STEEM dollars trading higher or lower than the dollar? If SBD is trading lower interest payments will go up. If it’s trading higher, interest rates will go down and may even stop. SBD holders can trade them for STEEM at any time; however, no more than 10% of Steem market cap can be used for conversion. Traders will have to wait 3.5 days to convert as this is the average window for the price feed. The waiting times are to ensure that people do not abuse short term price discrepancies. Witnesses also are responsible for verifying transactions. 20 witnesses are voted for every round by SP holders, and 1 is decided at random. You do not need to rely on these witnessed to verify your transactions. You can choose to be verified by others, but your transactions will take longer. There is no fee, but users are required to maintain a minimum balance. Most blockchains will run into network congestion issues. Steem plans to limit bandwidth of all users to alleviate any congestion. Voting for currency distribution is based on how much of a vested interest users have. Those with more invested in Steem will have a more voting power. However, smaller stakeholders can mitigate the influence of larger stakeholders with negative voting if needed. Also users can only vote a certain number of times in a day. Each vote costs them some amount of voting power. Users receive payments from the new coins that are created. Steem follows Zipf’s Law for content distribution. Zipf’s law is a distribution model that has been used for examining the most used words in language. In language, there are some words that are used more than others. Similar to word usage in language, a small portion of the available content will receive the majority of votes. While the vast majority of content will receive smaller payments. The Steem network is able to process 10k transactions per second. They are built atop the Graphene network and make use of Intel’s new Optane memory technology. They say this gives them the ability to scale with little optimization. |
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"body": "\n\nSteem fashions itself as more of a company than a cryptocurrency. They focus on getting the community involved by creating incentives for monetary investment. Here's how it works: I can buy STEEM with dollars (USD, GBP, JPY, etc). I can then convert that STEEM into STEEM power (SP). Doing that means my money will be invested for at least 13 weeks before I can take it out. However, that investment gives me more influence over voting in the community. \n\nIn addition to STEEM and SP, there are STEEM dollars (SBD). STEEM dollars (SBD) are debt instruments that pay interest to users and are tightly bound to the United States dollar. Interest payments will be determined by how the SBD performs against the US dollar. They determine this with a price feed.\n\nThe price feed is determined by witnesses. Those who hold SP can elect the witnesses who decide the price feed. The price feed is decided by taking a rolling average of what the witnesses decide the SBD price should be. This average is made over a period of 3.5 days. The fundamental question is: Are STEEM dollars trading higher or lower than the dollar? If SBD is trading lower interest payments will go up. If it’s trading higher, interest rates will go down and may even stop. SBD holders can trade them for STEEM at any time; however, no more than 10% of Steem market cap can be used for conversion. Traders will have to wait 3.5 days to convert as this is the average window for the price feed. The waiting times are to ensure that people do not abuse short term price discrepancies.\n\nWitnesses also are responsible for verifying transactions. 20 witnesses are voted for every round by SP holders, and 1 is decided at random. You do not need to rely on these witnessed to verify your transactions. You can choose to be verified by others, but your transactions will take longer. There is no fee, but users are required to maintain a minimum balance. Most blockchains will run into network congestion issues. Steem plans to limit bandwidth of all users to alleviate any congestion.\n\nVoting for currency distribution is based on how much of a vested interest users have. Those with more invested in Steem will have a more voting power. However, smaller stakeholders can mitigate the influence of larger stakeholders with negative voting if needed. Also users can only vote a certain number of times in a day. Each vote costs them some amount of voting power. Users receive payments from the new coins that are created. Steem follows Zipf’s Law for content distribution. Zipf’s law is a distribution model that has been used for examining the most used words in language. In language, there are some words that are used more than others. Similar to word usage in language, a small portion of the available content will receive the majority of votes. While the vast majority of content will receive smaller payments. \n\nThe Steem network is able to process 10k transactions per second. They are built atop the Graphene network and make use of Intel’s new Optane memory technology. They say this gives them the ability to scale with little optimization.",
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}2018/01/05 05:30:09
2018/01/05 05:30:09
| author | altcoinbeast |
| body | Rai Blocks doesn't work? In what way? You might want to talk to the development team. |
| json metadata | {"tags":["cryptocurrency"],"app":"steemit/0.1"} |
| parent author | rajat1802 |
| parent permlink | re-altcoinbeast-rai-blocks-the-blockchain-superhighway-20180104t093926504z |
| permlink | re-rajat1802-re-altcoinbeast-rai-blocks-the-blockchain-superhighway-20180105t053006838z |
| title | |
| Transaction Info | Block #18703126/Trx 5d5666690e7047af74efdad984da4a8f59a72a7d |
View Raw JSON Data
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"body": "Rai Blocks doesn't work? In what way? You might want to talk to the development team.",
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}altcoinbeastpublished a new post: verge-update2018/01/05 05:28:36
altcoinbeastpublished a new post: verge-update
2018/01/05 05:28:36
| author | altcoinbeast |
| body |  Verge went through some issues with the release of it's Wraith Protocol. Many people classified it as vaporware. However the Verge team said they would release an update at the end of the year. They waited until the last possible second, but did release an update to the Verge core on New Year's Eve. However, they are still working on it. From their github, it looks like people have been trying to use it with stealth addresses but have been running into bugs. Their github is constantly being updated. So, the Wraith Protocol isn't dead. It's actively being worked on. Apparently, Wraith has been implemented for months in different forms. Verge has implementation with Tor and I2P. They're working on the stealth switching now. However, I'm trying to figure out if the Verge team is to blame for this marketing screw up or is this what happens when non-technical people expect magic to happen in development. Perhaps I should put the blame on the development team. Like it or not, they have a responsibility to be clear with supporters and investors. They were not clear. No one really knows what is happening around the coin at this point. |
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| parent author | |
| parent permlink | cryptocurrency |
| permlink | verge-update |
| title | Verge Update |
| Transaction Info | Block #18703095/Trx 0cf593a93042f9dd9b2049a4a4de47cfbe9bcd76 |
View Raw JSON Data
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"op": [
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"author": "altcoinbeast",
"body": "\n\nVerge went through some issues with the release of it's Wraith Protocol. Many people classified it as vaporware. However the Verge team said they would release an update at the end of the year.
\n\nThey waited until the last possible second, but did release an update to the Verge core on New Year's Eve. However, they are still working on it.
From their github, it looks like people have been trying to use it with stealth addresses but have been running into bugs. Their github is constantly being updated. So, the Wraith Protocol isn't dead. It's actively being worked on.
\n\nApparently, Wraith has been implemented for months in different forms. Verge has implementation with Tor and I2P. They're working on the stealth switching now.
\n\nHowever, I'm trying to figure out if the Verge team is to blame for this marketing screw up or is this what happens when non-technical people expect magic to happen in development. Perhaps I should put the blame on the development team. Like it or not, they have a responsibility to be clear with supporters and investors. They were not clear. No one really knows what is happening around the coin at this point.",
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}rojanshiwakotiupvoted (100.00%) @altcoinbeast / rai-blocks-the-blockchain-superhighway2018/01/04 09:52:45
rojanshiwakotiupvoted (100.00%) @altcoinbeast / rai-blocks-the-blockchain-superhighway
2018/01/04 09:52:45
| author | altcoinbeast |
| permlink | rai-blocks-the-blockchain-superhighway |
| voter | rojanshiwakoti |
| weight | 10000 (100.00%) |
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}2018/01/04 09:39:30
2018/01/04 09:39:30
| author | rajat1802 |
| body | railblock is not work properly @altcoinbeast |
| json metadata | {"tags":["cryptocurrency"],"users":["altcoinbeast"],"app":"steemit/0.1"} |
| parent author | altcoinbeast |
| parent permlink | rai-blocks-the-blockchain-superhighway |
| permlink | re-altcoinbeast-rai-blocks-the-blockchain-superhighway-20180104t093926504z |
| title | |
| Transaction Info | Block #18679323/Trx d935c0aa9b44e67351aa617eceafcb4b0f2e6a18 |
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2018/01/04 09:38:39
| author | laique |
| body | Nice Job Fri... |
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| parent author | altcoinbeast |
| parent permlink | rai-blocks-the-blockchain-superhighway |
| permlink | re-altcoinbeast-rai-blocks-the-blockchain-superhighway-20180104t093833818z |
| title | |
| Transaction Info | Block #18679306/Trx 2e593d6152a7b20dea78f0d84979d8c4a172f7c2 |
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}altcoinbeastupvoted (100.00%) @cityboy / lol-again-high-security-2018-01-04-09-37-112018/01/04 09:37:30
altcoinbeastupvoted (100.00%) @cityboy / lol-again-high-security-2018-01-04-09-37-11
2018/01/04 09:37:30
| author | cityboy |
| permlink | lol-again-high-security-2018-01-04-09-37-11 |
| voter | altcoinbeast |
| weight | 10000 (100.00%) |
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}cryptojbupvoted (100.00%) @altcoinbeast / rebellious-a-community-centered-coin2018/01/04 09:37:00
cryptojbupvoted (100.00%) @altcoinbeast / rebellious-a-community-centered-coin
2018/01/04 09:37:00
| author | altcoinbeast |
| permlink | rebellious-a-community-centered-coin |
| voter | cryptojb |
| weight | 10000 (100.00%) |
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View Raw JSON Data
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}cryptojbupvoted (100.00%) @altcoinbeast / rai-blocks-the-blockchain-superhighway2018/01/04 09:36:51
cryptojbupvoted (100.00%) @altcoinbeast / rai-blocks-the-blockchain-superhighway
2018/01/04 09:36:51
| author | altcoinbeast |
| permlink | rai-blocks-the-blockchain-superhighway |
| voter | cryptojb |
| weight | 10000 (100.00%) |
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View Raw JSON Data
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}altcoinbeastpublished a new post: rai-blocks-the-blockchain-superhighway2018/01/04 09:36:27
altcoinbeastpublished a new post: rai-blocks-the-blockchain-superhighway
2018/01/04 09:36:27
| author | altcoinbeast |
| body |  Rai Blocks uses a directed acyclic graph instead of a blockchain. Most currencies require users to keep a copy of an ever growing list of transactions to verify and secure the network. However, with Rai Blocks users will need to sync with the network once and then they can prune historical transactions from records. Effectively they only need to keep a list of their transactions- money they send and receive. Users can choose to keep the entire history. They describe it as a block lattice. Visually you generate a sending block and the receiver generates a receiving block. Your block keeps track of the difference between your ending balance and an starting balance. This is the amount you will send. The receiving block simply has to add that amount to its own ledger. How do you prevent double spending? Once you generate a send block it is broadcast to and confirmed by the network. You can't take it back. It will change to a pending transaction until the receiver opens a receiving block. This makes the network extremely fast. There can be conflict. Rai Blocks states it can stem from bad programming or an attempt to double spend by User A forking (splitting) their personal chain into two. Now you have two transactions trying to claim the same past. They also state that blocks can “go missing”. This means the block doesn't have a recognizable past. Almost like an orphan. (No offense to any actual orphans.) This can happen in error or purposefully. At this point, the representatives come into play. For those users who choose not to run a node, they can assign their voting power to a representative. If there is a conflict on the chains, the representatives will vote on which one is valid. The representative with more “node citizens” has more weight in the voting. Think of it like the House of Representatives. Since Texas and California have large populations, they can turn a vote. Resolution should occur within one minute. Representatives also vote on improperly synced blocks. If the orphaned block gains enough votes, they will attempt to resync it with the network. (It is not explicitly stated that representatives will need to keep an entire copy of the blockchain.) Rai Blocks is subject to multiple attacks including Sybil, 51%, and Penny Spend. However, they feel they have enough safeguards to limit their effectiveness. They do include a small PoW algorithm for each transaction type. Flooding the network with multiple small transactions will require hefty computational resources. Very few people will have the resources to do this. Also, only historical nodes will be affected by the increased ledger size. People who attempt to spam the network with nodes to affect voting, will need to place a significant sum of money into their account. This is because voting is affected by weight and weight is affected by your account balance. 10 million one penny accounts are expensive, and whatever votes they have will be negligible anyway. The strategy is to make attacking the network expensive. Rai Blocks uses the elliptical curve for their signing algorithm. This gives Rai Blocks more privacy. They also uses Blake2b hashing algorithm. Their system makes use of User Datagram Protocol (UDP). Because UDP lacks the error checking of TCP, information travels faster so they can process more transactions per second. |
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| parent author | |
| parent permlink | cryptocurrency |
| permlink | rai-blocks-the-blockchain-superhighway |
| title | Rai Blocks: The Blockchain Superhighway |
| Transaction Info | Block #18679262/Trx 64eeef23b238a8f4f3dc71979f482edc63edc921 |
View Raw JSON Data
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"author": "altcoinbeast",
"body": "\n\nRai Blocks uses a directed acyclic graph instead of a blockchain. Most currencies require users to keep a copy of an ever growing list of transactions to verify and secure the network. However, with Rai Blocks users will need to sync with the network once and then they can prune historical transactions from records. Effectively they only need to keep a list of their transactions- money they send and receive. Users can choose to keep the entire history.
\n\nThey describe it as a block lattice. Visually you generate a sending block and the receiver generates a receiving block. Your block keeps track of the difference between your ending balance and an starting balance. This is the amount you will send. The receiving block simply has to add that amount to its own ledger.\n\n
How do you prevent double spending? Once you generate a send block it is broadcast to and confirmed by the network. You can't take it back. It will change to a pending transaction until the receiver opens a receiving block. This makes the network extremely fast.
\n\nThere can be conflict. Rai Blocks states it can stem from bad programming or an attempt to double spend by User A forking (splitting) their personal chain into two. Now you have two transactions trying to claim the same past. They also state that blocks can “go missing”. This means the block doesn't have a recognizable past. Almost like an orphan. (No offense to any actual orphans.) This can happen in error or purposefully.
\n\nAt this point, the representatives come into play. For those users who choose not to run a node, they can assign their voting power to a representative. If there is a conflict on the chains, the representatives will vote on which one is valid. The representative with more “node citizens” has more weight in the voting. Think of it like the House of Representatives. Since Texas and California have large populations, they can turn a vote. Resolution should occur within one minute. Representatives also vote on improperly synced blocks. If the orphaned block gains enough votes, they will attempt to resync it with the network. (It is not explicitly stated that representatives will need to keep an entire copy of the blockchain.)
\n\nRai Blocks is subject to multiple attacks including Sybil, 51%, and Penny Spend. However, they feel they have enough safeguards to limit their effectiveness. They do include a small PoW algorithm for each transaction type. Flooding the network with multiple small transactions will require hefty computational resources. Very few people will have the resources to do this. Also, only historical nodes will be affected by the increased ledger size. People who attempt to spam the network with nodes to affect voting, will need to place a significant sum of money into their account. This is because voting is affected by weight and weight is affected by your account balance. 10 million one penny accounts are expensive, and whatever votes they have will be negligible anyway. The strategy is to make attacking the network expensive.
\n\nRai Blocks uses the elliptical curve for their signing algorithm. This gives Rai Blocks more privacy. They also uses Blake2b hashing algorithm. Their system makes use of User Datagram Protocol (UDP). Because UDP lacks the error checking of TCP, information travels faster so they can process more transactions per second.",
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}altcoinbeastreceived 0.894 SBD, 0.198 SP author reward for @altcoinbeast / re-totallytishh-hay-hello-hola-wassup-new-steemian-on-the-block-check-me-out-soy-nueva-aqui-20171228t040608875z2018/01/04 04:06:09
altcoinbeastreceived 0.894 SBD, 0.198 SP author reward for @altcoinbeast / re-totallytishh-hay-hello-hola-wassup-new-steemian-on-the-block-check-me-out-soy-nueva-aqui-20171228t040608875z
2018/01/04 04:06:09
| author | altcoinbeast |
| permlink | re-totallytishh-hay-hello-hola-wassup-new-steemian-on-the-block-check-me-out-soy-nueva-aqui-20171228t040608875z |
| sbd payout | 0.894 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 321.672240 VESTS |
| Transaction Info | Block #18672655/Virtual Operation #10 |
View Raw JSON Data
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}Manabar
Voting Power100.00%
Downvote Power100.00%
Resource Credits100.00%
Reputation Progress43.97%
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Single Signature
Public Keys
STM6Ki5qoWa9XV5RSW5yS5TwFL9ofeKYegrErvJGA5xUBMiZMS67B1/1
Posting
Single Signature
Public Keys
STM8fWF5CehBjhd8Y84LGCgAjN9cMAkT5deh2MwEVDDiUbP1wzSHd1/1
Memo
STM6FJTT3BgtB8rWuqL4U7VjMeEHfABWipwjbtphJEr6frhdivaXt
{
"owner": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM8Q9ckeJ1pnDXMrNBPp1eCiroVLkkeCmGV15wZjrHKpoWD6pcVy",
1
]
]
},
"active": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM6Ki5qoWa9XV5RSW5yS5TwFL9ofeKYegrErvJGA5xUBMiZMS67B",
1
]
]
},
"posting": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM8fWF5CehBjhd8Y84LGCgAjN9cMAkT5deh2MwEVDDiUbP1wzSHd",
1
]
]
},
"memo": "STM6FJTT3BgtB8rWuqL4U7VjMeEHfABWipwjbtphJEr6frhdivaXt"
}Witness Votes
5 / 30
01.curie |
02.klye |
03.netuoso |
04.patrice |
05.reggaemuffin |
[ "curie", "klye", "netuoso", "patrice", "reggaemuffin" ]