Ecoer Logo

@bitassist

27

Bitassist is a trusted cryptocurrency consultancy that focuses on customer support & education to promote digital currency investments to the everyday investor

steemit.com/@bitassist
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS35.94%
Net Worth
0.102USD
STEEM
0.001STEEM
SBD
0.138SBD
Effective Power
5.001SP
├── Own SP
0.630SP
└── Incoming Deleg
+4.371SP

Detailed Balance

STEEM
balance
0.001STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
0.630SP
Delegated Out
0.000SP
Delegation In
4.371SP
Effective Power
5.001SP
Reward SP (pending)
0.110SP
SBD
sbd_balance
0.002SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.136SBD
{
  "balance": "0.001 STEEM",
  "savings_balance": "0.000 STEEM",
  "reward_steem_balance": "0.000 STEEM",
  "vesting_shares": "1026.608688 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "7117.051118 VESTS",
  "sbd_balance": "0.002 SBD",
  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.136 SBD",
  "conversions": []
}

Account Info

namebitassist
id459889
rank684,964
reputation1828734131
created2017-11-22T21:05:00
recovery_accountsteem
proxyNone
post_count10
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2018-07-06T15:03:42
last_root_post2018-07-06T15:03:42
last_vote_time2018-07-06T15:05:06
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power0
delayed_votes0
balance0.001 STEEM
savings_balance0.000 STEEM
sbd_balance0.002 SBD
savings_sbd_balance0.000 SBD
vesting_shares1026.608688 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares7117.051118 VESTS
reward_vesting_balance225.745975 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn0
to_withdraw0
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update1970-01-01T00:00:00
last_account_update2017-11-22T21:15:42
minedNo
sbd_seconds0
sbd_last_interest_payment1970-01-01T00:00:00
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
  "active": {
    "account_auths": [],
    "key_auths": [
      [
        "STM8Q78s9XgybQp9qrV6jVJhoPfzMXamgc2fE2kxqTpVGsfovfehj",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "balance": "0.001 STEEM",
  "can_vote": true,
  "comment_count": 0,
  "created": "2017-11-22T21:05:00",
  "curation_rewards": 0,
  "delegated_vesting_shares": "0.000000 VESTS",
  "downvote_manabar": {
    "current_mana": 2035914951,
    "last_update_time": 1779055599
  },
  "guest_bloggers": [],
  "id": 459889,
  "json_metadata": "{\"profile\":{\"profile_image\":\"https://www.bitassist.co.uk/wp-content/uploads/2015/12/BA-02-IMAGE.png\",\"cover_image\":\"https://www.bitassist.co.uk/wp-content/uploads/2015/12/BA-02-IMAGE.png\",\"name\":\"Bitassist\",\"about\":\"Bitassist is a trusted cryptocurrency consultancy that focuses on customer support & education to promote digital currency investments to the everyday investor\",\"location\":\"London\",\"website\":\"https://www.bitassist.co.uk/\"}}",
  "last_account_recovery": "1970-01-01T00:00:00",
  "last_account_update": "2017-11-22T21:15:42",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_post": "2018-07-06T15:03:42",
  "last_root_post": "2018-07-06T15:03:42",
  "last_vote_time": "2018-07-06T15:05:06",
  "lifetime_vote_count": 0,
  "market_history": [],
  "memo_key": "STM72e1BUsL7p1BH52KicE9dEiwaeRMALVBsBVoYmpaeCcAnfrPGH",
  "mined": false,
  "name": "bitassist",
  "next_vesting_withdrawal": "1969-12-31T23:59:59",
  "other_history": [],
  "owner": {
    "account_auths": [],
    "key_auths": [
      [
        "STM7ZDw7htn1boUUJ1gQv7BA3D7VQrnYEffqQecJox3QEJxbtggRd",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "pending_claimed_accounts": 0,
  "post_bandwidth": 0,
  "post_count": 10,
  "post_history": [],
  "posting": {
    "account_auths": [],
    "key_auths": [
      [
        "STM5i2zsh2xLs1kfGjPmzBT2Kc9Tpaw2MLEM9PDSh1y2SNJQBjUWi",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "posting_json_metadata": "{\"profile\":{\"profile_image\":\"https://www.bitassist.co.uk/wp-content/uploads/2015/12/BA-02-IMAGE.png\",\"cover_image\":\"https://www.bitassist.co.uk/wp-content/uploads/2015/12/BA-02-IMAGE.png\",\"name\":\"Bitassist\",\"about\":\"Bitassist is a trusted cryptocurrency consultancy that focuses on customer support & education to promote digital currency investments to the everyday investor\",\"location\":\"London\",\"website\":\"https://www.bitassist.co.uk/\"}}",
  "posting_rewards": 218,
  "proxied_vsf_votes": [
    0,
    0,
    0,
    0
  ],
  "proxy": "",
  "received_vesting_shares": "7117.051118 VESTS",
  "recovery_account": "steem",
  "reputation": 1828734131,
  "reset_account": "null",
  "reward_sbd_balance": "0.136 SBD",
  "reward_steem_balance": "0.000 STEEM",
  "reward_vesting_balance": "225.745975 VESTS",
  "reward_vesting_steem": "0.110 STEEM",
  "savings_balance": "0.000 STEEM",
  "savings_sbd_balance": "0.000 SBD",
  "savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_sbd_seconds": "0",
  "savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
  "savings_withdraw_requests": 0,
  "sbd_balance": "0.002 SBD",
  "sbd_last_interest_payment": "1970-01-01T00:00:00",
  "sbd_seconds": "0",
  "sbd_seconds_last_update": "2017-11-22T22:03:27",
  "tags_usage": [],
  "to_withdraw": 0,
  "transfer_history": [],
  "vesting_balance": "0.000 STEEM",
  "vesting_shares": "1026.608688 VESTS",
  "vesting_withdraw_rate": "0.000000 VESTS",
  "vote_history": [],
  "voting_manabar": {
    "current_mana": "8143659806",
    "last_update_time": 1779055599
  },
  "voting_power": 0,
  "withdraw_routes": 0,
  "withdrawn": 0,
  "witness_votes": [],
  "witnesses_voted_for": 0,
  "rank": 684964
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
steemdelegated 4.371 SP to @bitassist
2026/05/17 22:06:39
delegateebitassist
delegatorsteem
vesting shares7117.051118 VESTS
Transaction InfoBlock #106140888/Trx 867fe55edb1bf6974733b50b1bce0ecf3d7e2caa
View Raw JSON Data
{
  "block": 106140888,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bitassist",
      "delegator": "steem",
      "vesting_shares": "7117.051118 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-05-17T22:06:39",
  "trx_id": "867fe55edb1bf6974733b50b1bce0ecf3d7e2caa",
  "trx_in_block": 9,
  "virtual_op": 0
}
steemdelegated 2.705 SP to @bitassist
2026/05/11 19:34:45
delegateebitassist
delegatorsteem
vesting shares4404.840713 VESTS
Transaction InfoBlock #105965826/Trx 0c5fa6af6364ea8a5734bc9da675ceab4455d2d0
View Raw JSON Data
{
  "block": 105965826,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bitassist",
      "delegator": "steem",
      "vesting_shares": "4404.840713 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-05-11T19:34:45",
  "trx_id": "0c5fa6af6364ea8a5734bc9da675ceab4455d2d0",
  "trx_in_block": 16,
  "virtual_op": 0
}
steemdelegated 4.378 SP to @bitassist
2026/04/25 21:30:54
delegateebitassist
delegatorsteem
vesting shares7129.566874 VESTS
Transaction InfoBlock #105508602/Trx 27199fad7b2428d281df0e19187b49401fac5352
View Raw JSON Data
{
  "block": 105508602,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bitassist",
      "delegator": "steem",
      "vesting_shares": "7129.566874 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-04-25T21:30:54",
  "trx_id": "27199fad7b2428d281df0e19187b49401fac5352",
  "trx_in_block": 0,
  "virtual_op": 0
}
steemdelegated 2.731 SP to @bitassist
2026/01/23 02:10:18
delegateebitassist
delegatorsteem
vesting shares4446.387532 VESTS
Transaction InfoBlock #102845073/Trx e5f42e89fca28c16358eba6f480548fbee7f4c2e
View Raw JSON Data
{
  "block": 102845073,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bitassist",
      "delegator": "steem",
      "vesting_shares": "4446.387532 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2026-01-23T02:10:18",
  "trx_id": "e5f42e89fca28c16358eba6f480548fbee7f4c2e",
  "trx_in_block": 1,
  "virtual_op": 0
}
steemdelegated 2.831 SP to @bitassist
2024/12/16 21:29:57
delegateebitassist
delegatorsteem
vesting shares4610.606729 VESTS
Transaction InfoBlock #91291485/Trx 14059ae4712d3402048d4e2c6056d825d19b4520
View Raw JSON Data
{
  "block": 91291485,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bitassist",
      "delegator": "steem",
      "vesting_shares": "4610.606729 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2024-12-16T21:29:57",
  "trx_id": "14059ae4712d3402048d4e2c6056d825d19b4520",
  "trx_in_block": 8,
  "virtual_op": 0
}
steemdelegated 2.935 SP to @bitassist
2023/11/13 13:15:12
delegateebitassist
delegatorsteem
vesting shares4779.740261 VESTS
Transaction InfoBlock #79845752/Trx 8c2b186b8bb1966ec43043e3901bebd2a0c8fc7f
View Raw JSON Data
{
  "block": 79845752,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bitassist",
      "delegator": "steem",
      "vesting_shares": "4779.740261 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2023-11-13T13:15:12",
  "trx_id": "8c2b186b8bb1966ec43043e3901bebd2a0c8fc7f",
  "trx_in_block": 9,
  "virtual_op": 0
}
steemdelegated 4.739 SP to @bitassist
2023/09/21 19:20:57
delegateebitassist
delegatorsteem
vesting shares7717.019047 VESTS
Transaction InfoBlock #78344865/Trx 5e61f8f31ca9ab82f8cf1a6d894399e6dfbfcbf5
View Raw JSON Data
{
  "block": 78344865,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bitassist",
      "delegator": "steem",
      "vesting_shares": "7717.019047 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2023-09-21T19:20:57",
  "trx_id": "5e61f8f31ca9ab82f8cf1a6d894399e6dfbfcbf5",
  "trx_in_block": 2,
  "virtual_op": 0
}
steemdelegated 4.875 SP to @bitassist
2022/11/03 09:24:54
delegateebitassist
delegatorsteem
vesting shares7938.700485 VESTS
Transaction InfoBlock #69110527/Trx 460ded1b060a58e36da1f503a795579271c00b29
View Raw JSON Data
{
  "block": 69110527,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bitassist",
      "delegator": "steem",
      "vesting_shares": "7938.700485 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-11-03T09:24:54",
  "trx_id": "460ded1b060a58e36da1f503a795579271c00b29",
  "trx_in_block": 5,
  "virtual_op": 0
}
steemdelegated 5.011 SP to @bitassist
2022/01/17 08:51:57
delegateebitassist
delegatorsteem
vesting shares8159.233716 VESTS
Transaction InfoBlock #60806924/Trx 124280ac7004689bfa4e5af9658e0614cb049b72
View Raw JSON Data
{
  "block": 60806924,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bitassist",
      "delegator": "steem",
      "vesting_shares": "8159.233716 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-01-17T08:51:57",
  "trx_id": "124280ac7004689bfa4e5af9658e0614cb049b72",
  "trx_in_block": 11,
  "virtual_op": 0
}
steemdelegated 5.124 SP to @bitassist
2021/06/13 22:52:15
delegateebitassist
delegatorsteem
vesting shares8343.002374 VESTS
Transaction InfoBlock #54605410/Trx 58e906b6bb31de1c48bfafbae6afba3d6315daf6
View Raw JSON Data
{
  "block": 54605410,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bitassist",
      "delegator": "steem",
      "vesting_shares": "8343.002374 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-06-13T22:52:15",
  "trx_id": "58e906b6bb31de1c48bfafbae6afba3d6315daf6",
  "trx_in_block": 3,
  "virtual_op": 0
}
steemdelegated 5.239 SP to @bitassist
2020/12/11 09:13:51
delegateebitassist
delegatorsteem
vesting shares8530.424348 VESTS
Transaction InfoBlock #49352946/Trx 2550ccdf43559654dcc321008b0e8ef92e202754
View Raw JSON Data
{
  "block": 49352946,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bitassist",
      "delegator": "steem",
      "vesting_shares": "8530.424348 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-11T09:13:51",
  "trx_id": "2550ccdf43559654dcc321008b0e8ef92e202754",
  "trx_in_block": 0,
  "virtual_op": 0
}
steemdelegated 1.175 SP to @bitassist
2020/12/06 02:51:15
delegateebitassist
delegatorsteem
vesting shares1912.543513 VESTS
Transaction InfoBlock #49204516/Trx 8c98be20e1e7f5853d4d2f2c6a37bff5a2337848
View Raw JSON Data
{
  "block": 49204516,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bitassist",
      "delegator": "steem",
      "vesting_shares": "1912.543513 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-06T02:51:15",
  "trx_id": "8c98be20e1e7f5853d4d2f2c6a37bff5a2337848",
  "trx_in_block": 9,
  "virtual_op": 0
}
steemdelegated 5.243 SP to @bitassist
2020/12/05 10:48:15
delegateebitassist
delegatorsteem
vesting shares8536.790987 VESTS
Transaction InfoBlock #49185621/Trx c9838a085e3fad12aeecaf1a73af5abea9ecf9b3
View Raw JSON Data
{
  "block": 49185621,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bitassist",
      "delegator": "steem",
      "vesting_shares": "8536.790987 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-12-05T10:48:15",
  "trx_id": "c9838a085e3fad12aeecaf1a73af5abea9ecf9b3",
  "trx_in_block": 0,
  "virtual_op": 0
}
steemdelegated 1.179 SP to @bitassist
2020/11/02 11:27:48
delegateebitassist
delegatorsteem
vesting shares1920.017158 VESTS
Transaction InfoBlock #48252888/Trx 0ccd8e93fa182f5bf887430b29a8a41e1e4a5d7e
View Raw JSON Data
{
  "block": 48252888,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bitassist",
      "delegator": "steem",
      "vesting_shares": "1920.017158 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-11-02T11:27:48",
  "trx_id": "0ccd8e93fa182f5bf887430b29a8a41e1e4a5d7e",
  "trx_in_block": 2,
  "virtual_op": 0
}
steemdelegated 5.367 SP to @bitassist
2020/05/09 03:46:24
delegateebitassist
delegatorsteem
vesting shares8739.437561 VESTS
Transaction InfoBlock #43214731/Trx 8957a692849f42dc824c6be69fb1000ed70b6d2a
View Raw JSON Data
{
  "block": 43214731,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bitassist",
      "delegator": "steem",
      "vesting_shares": "8739.437561 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-05-09T03:46:24",
  "trx_id": "8957a692849f42dc824c6be69fb1000ed70b6d2a",
  "trx_in_block": 8,
  "virtual_op": 0
}
steemdelegated 1.200 SP to @bitassist
2020/05/08 07:05:03
delegateebitassist
delegatorsteem
vesting shares1953.311140 VESTS
Transaction InfoBlock #43190486/Trx ea44cc191fb92a9538ceb2f5a85817b5ff88bedb
View Raw JSON Data
{
  "block": 43190486,
  "op": [
    "delegate_vesting_shares",
    {
      "delegatee": "bitassist",
      "delegator": "steem",
      "vesting_shares": "1953.311140 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2020-05-08T07:05:03",
  "trx_id": "ea44cc191fb92a9538ceb2f5a85817b5ff88bedb",
  "trx_in_block": 4,
  "virtual_op": 0
}
2019/11/22 22:00:15
authorsteemitboard
bodyCongratulations @bitassist! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@bitassist/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/@bitassist) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=bitassist)_</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 authorbitassist
parent permlinkdid-you-know-you-can-lose-all-your-tokens-if-you-don-t-register-them-before-the-swap-ends-don-t-forget-to-register-your-ont-for
permlinksteemitboard-notify-bitassist-20191122t220015000z
title
Transaction InfoBlock #38408782/Trx 3e118b1b99e15bc8dfa490a907b3e80040f50f53
View Raw JSON Data
{
  "block": 38408782,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @bitassist! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@bitassist/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/@bitassist) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=bitassist)_</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": "bitassist",
      "parent_permlink": "did-you-know-you-can-lose-all-your-tokens-if-you-don-t-register-them-before-the-swap-ends-don-t-forget-to-register-your-ont-for",
      "permlink": "steemitboard-notify-bitassist-20191122t220015000z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2019-11-22T22:00:15",
  "trx_id": "3e118b1b99e15bc8dfa490a907b3e80040f50f53",
  "trx_in_block": 10,
  "virtual_op": 0
}
steemdelegated 5.448 SP to @bitassist
2019/09/18 04:38:48
delegateebitassist
delegatorsteem
vesting shares8872.051991 VESTS
Transaction InfoBlock #36519754/Trx ea91d3f9d4a85fc156cdb4bc8d0ed78d0ba1aa75
View Raw JSON Data
{
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  "op": [
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  "op_in_trx": 0,
  "timestamp": "2019-09-18T04:38:48",
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2018/11/22 22:08:00
authorsteemitboard
bodyCongratulations @bitassist! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@bitassist/birthday1.png</td><td>1 Year on Steemit</td></tr></table> <sub>_[Click here to view your Board of Honor](https://steemitboard.com/@bitassist)_</sub> **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-the-results-the-winners-and-the-prizes"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmeLukvNFRsa7RURqsFpiLGEZZD49MiU52JtWmjS5S2wtW/image.png"></a></td><td><a href="https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-the-results-the-winners-and-the-prizes">Meet the Steemians Contest - The results, the winners and the prizes</a></td></tr><tr><td><a href="https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-special-attendees-revealed"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmeLukvNFRsa7RURqsFpiLGEZZD49MiU52JtWmjS5S2wtW/image.png"></a></td><td><a href="https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-special-attendees-revealed">Meet the Steemians Contest - Special attendees revealed</a></td></tr><tr><td><a href="https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-intermediate-results"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmeLukvNFRsa7RURqsFpiLGEZZD49MiU52JtWmjS5S2wtW/image.png"></a></td><td><a href="https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-intermediate-results">Meet the Steemians Contest - Intermediate results</a></td></tr></table> > Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!
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parent authorbitassist
parent permlinkdid-you-know-you-can-lose-all-your-tokens-if-you-don-t-register-them-before-the-swap-ends-don-t-forget-to-register-your-ont-for
permlinksteemitboard-notify-bitassist-20181122t220759000z
title
Transaction InfoBlock #27934372/Trx e2980d1db99e79aaa851aabd55acf54b050ac38f
View Raw JSON Data
{
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      "body": "Congratulations @bitassist! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@bitassist/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/@bitassist)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-the-results-the-winners-and-the-prizes\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmeLukvNFRsa7RURqsFpiLGEZZD49MiU52JtWmjS5S2wtW/image.png\"></a></td><td><a href=\"https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-the-results-the-winners-and-the-prizes\">Meet the Steemians Contest - The results, the winners and the prizes</a></td></tr><tr><td><a href=\"https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-special-attendees-revealed\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmeLukvNFRsa7RURqsFpiLGEZZD49MiU52JtWmjS5S2wtW/image.png\"></a></td><td><a href=\"https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-special-attendees-revealed\">Meet the Steemians Contest - Special attendees revealed</a></td></tr><tr><td><a href=\"https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-intermediate-results\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmeLukvNFRsa7RURqsFpiLGEZZD49MiU52JtWmjS5S2wtW/image.png\"></a></td><td><a href=\"https://steemit.com/steemfest/@steemitboard/meet-the-steemians-contest-intermediate-results\">Meet the Steemians Contest - Intermediate results</a></td></tr></table>\n\n> Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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steemdelegated 5.570 SP to @bitassist
2018/10/08 15:53:27
delegateebitassist
delegatorsteem
vesting shares9070.072903 VESTS
Transaction InfoBlock #26631793/Trx 935b40877d2ed3fcc6a04dda921c9a08f282da85
View Raw JSON Data
{
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smitopblockchain operation: transfer from savings
2018/08/29 23:09:51
amount3.333 SBD
fromsmitop
memoHi, it looks like you're not voting for any witnesses. Witnesses help secure the Steem network. You should vote for some, at https://steemit.com/~witnesses, or by pressing 'Vote for witnesses' in the Steemit sidebar (top right corner). I'm a bot.
request id19098
tobitassist
Transaction InfoBlock #25504922/Trx 0ad98b9d63a7f73c4f94dd7197850200a0272851
View Raw JSON Data
{
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  "op": [
    "transfer_from_savings",
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      "from": "smitop",
      "memo": "Hi, it looks like you're not voting for any witnesses. Witnesses help secure the Steem network. You should vote for some, at https://steemit.com/~witnesses, or by pressing 'Vote for witnesses' in the Steemit sidebar (top right corner). I'm a bot.",
      "request_id": 19098,
      "to": "bitassist"
    }
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  "op_in_trx": 0,
  "timestamp": "2018-08-29T23:09:51",
  "trx_id": "0ad98b9d63a7f73c4f94dd7197850200a0272851",
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steemdelegated 18.014 SP to @bitassist
2018/08/26 09:32:30
delegateebitassist
delegatorsteem
vesting shares29333.044036 VESTS
Transaction InfoBlock #25402225/Trx d52a222b2d5a400fc7ba5e4e579f05e6cc0552a9
View Raw JSON Data
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2018/07/06 15:58:27
authorbitassist
permlinkdid-you-know-you-can-lose-all-your-tokens-if-you-don-t-register-them-before-the-swap-ends-don-t-forget-to-register-your-ont-for
votersteemitboard
weight100 (1.00%)
Transaction InfoBlock #23942284/Trx 5f237ace832dd644512cfcff866d6194afb2997c
View Raw JSON Data
{
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2018/07/06 15:58:24
authorsteemitboard
bodyCongratulations @bitassist! You have completed the following achievement on Steemit and have been rewarded with new badge(s) : [![](https://steemitimages.com/70x70/http://steemitboard.com/notifications/firstcommented.png)](http://steemitboard.com/@bitassist) You got a First Reply <sub>_Click on the badge to view your Board of Honor._</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> To support your work, I also upvoted your post! **Do not miss the last post from @steemitboard:** [SteemitBoard World Cup Contest - Sweden vs England](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-sweden-vs-england) --- **Participate in the [SteemitBoard World Cup Contest](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-collect-badges-and-win-free-sbd)!** Collect World Cup badges and win free SBD Support the Gold Sponsors of the contest: [@good-karma](https://v2.steemconnect.com/sign/account-witness-vote?witness=good-karma&approve=1) and [@lukestokes](https://v2.steemconnect.com/sign/account-witness-vote?witness=lukestokes.mhth&approve=1) --- > Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!
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parent authorbitassist
parent permlinkdid-you-know-you-can-lose-all-your-tokens-if-you-don-t-register-them-before-the-swap-ends-don-t-forget-to-register-your-ont-for
permlinksteemitboard-notify-bitassist-20180706t155826000z
title
Transaction InfoBlock #23942283/Trx 3b646d2637d1da625dec7e58ad586984cac27372
View Raw JSON Data
{
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  "op": [
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      "author": "steemitboard",
      "body": "Congratulations @bitassist! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/notifications/firstcommented.png)](http://steemitboard.com/@bitassist) You got a First Reply\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\nTo support your work, I also upvoted your post!\n\n\n**Do not miss the last post from @steemitboard:**\n[SteemitBoard World Cup Contest - Sweden vs England](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-sweden-vs-england)\n\n---\n**Participate in the [SteemitBoard World Cup Contest](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-collect-badges-and-win-free-sbd)!**\nCollect World Cup badges and win free SBD\nSupport the Gold Sponsors of the contest: [@good-karma](https://v2.steemconnect.com/sign/account-witness-vote?witness=good-karma&approve=1) and [@lukestokes](https://v2.steemconnect.com/sign/account-witness-vote?witness=lukestokes.mhth&approve=1)\n\n---\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[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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2018/07/06 15:05:06
authorbitassist
permlinkdid-you-know-you-can-lose-all-your-tokens-if-you-don-t-register-them-before-the-swap-ends-don-t-forget-to-register-your-ont-for
voterbitassist
weight10000 (100.00%)
Transaction InfoBlock #23941218/Trx 9b6ac030404288fb2e10e685977930b80aa17e3e
View Raw JSON Data
{
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2018/07/06 15:03:54
authorbitassist
permlinkdid-you-know-you-can-lose-all-your-tokens-if-you-don-t-register-them-before-the-swap-ends-don-t-forget-to-register-your-ont-for
voterfastresteem
weight100 (1.00%)
Transaction InfoBlock #23941194/Trx 09459825335e7517e21c4ef08d94f1a03e51b138
View Raw JSON Data
{
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2018/07/06 15:03:42
authorbitassist
body![eos-binance-token-swap.jpg](https://cdn.steemitimages.com/DQmYmvqb88CL4DfJJ8fFMt7ZWnCS2b3F8T5iM8mGJG1GR7o/eos-binance-token-swap.jpg) Over the last semester the crypto space deluded a lot of newcomers that got into it lured by promises of shiny Lambos, but from a technological point of view the crypto space has never been more busy. With many projects quickly advancing on their roadmaps, it’s not easy to keep track of everything is happening right now, but there are some things that as an investor you MUST keep well under your control. One of this is the token swaps. Token swaps in the most classic form consist of a swap (usually 1:1) of the old ERC-20 compatible tokens in the new blockchain tokens and occur after a project moves its activities from a support blockchain or a Testnet to its Mainnet. In some cases the process is very straightforward, but in others there might be some tricky actions pending on your side that you don’t want to miss. My general suggestions for you are: It’s still too early to “buy and forget” about your holdings, especially if you’re dealing with ERC-20 tokens: check their status every now and then Subscribe to the Twitter and Medium channels of the projects of which you own the tokens. In this way all the announcements of important actions will come to you timely Subscribe to the Twitter channel of the main exchanges like Binance or Bitfinex to receive updates on the upcoming swaps Holding your funds on an exchange might not be the safer solution, but some major exchanges usually support token swaps, meaning that they will do it for you. You just have to wait till normal trading is restored. Rely on experts that constantly keep the market monitored and subscribe to their channels to receive news, instructions and help. Here’s a list that I put together of the most important upcoming token swaps. Read carefully, open the links that will bring you to the official channels of the projects and ask for our help if something is not clear. ICON ICON has launched its Mainnet on last January 24. The Token Swap will be made with an exchange rate of one ERC20 ICX token to one mainnet ICX coin. The token swap will be implemented either via exchange or ICONex wallet (ICON native wallet). If you’re holding ICX on the main exchanges there’s no action pending on you, just wait until they announce that the swap is finished and the token can be traded again. I’m referring to Binance, OKex, Huobi, Bithumb and Upbit. This should happen in few days from now, keep the Twitter channels of the exchanges monitored. If you’re holding the ICONex wallet you have to use to the Token Swap button (screenshot below) that swaps your ERC20 ICX tokens stored in the ICONex ETH wallet with mainnet ICX coins and moved to the ICONex ICX wallet. This process started the last June 25 and you’ll have 3 months time to complete the swap. Read the official post at: https://medium.com/helloiconworld/token-swap-status-update-9a41c8448006 ONTOLOGY Ontology Mainnet, “Ontology 1.0”, went live on June 30, 2018. Mapping will begin on July 9th, 2018 and finish October 1st, 2018. The token swap will be implemented either via exchange or wallets. If you’re holding ONT on the main exchanges there’s no action pending on you, just wait until they announce that the swap is finished and the token can be traded again. Exchanges supporting the swap are Binance, Huobi Pro, Upbit, KuCoin, OKEx and CoinEgg. If you’re holding you ONT on the ONTO wallet you will need to download the client, import your NEO private key or wallet import format (WIF), click the “Mainnet ONT Token Swap” link, and wait for the mapping to complete. Other wallets that will support the ONT Mainnet Token Swap are O3 and SEA wallet. If ONT token holders do not convert their NEP-5 ONT (the equivalent of ERC-20 in the NEO blockchain) tokens to Ontology Mainnet ONT tokens during that time frame, they will not have another chance to do so. Read the official post at: https://medium.com/ontologynetwork/mainnet-ont-token-swap-notice-%E5%85%B3%E4%BA%8Eont%E4%B8%BB%E7%BD%91%E5%88%87%E6%8D%A2%E7%9A%84%E8%AF%B4%E6%98%8E-4cd38c2fc55b VECHAIN Vechain announced its Mainnet launch on last Monday June 2. However, the technology is not yet live, and will only be active after VeChain migrates from the Ethereum blockchain — where it exists as an ERC20 token — to a wholly independent network. On Monday, the foundation announced that it would address the community’s concerns by extending the X Node migration period for ten days after the VeChainThor Ledger app is available. It also said that X Node monitoring will start three weeks after the mobile token swap service becomes available — though it has not yet provided exact dates for these events. Read the full news at: https://www.coindesk.com/vechain-revises-roadmap-to-address-token-swap-concerns/ Stay tuned for more updates! Bitassist is a Bitcoin & Alt-coin brokerage focused on exceptional customer service. We recognise the importance of fundamental analysis and quality information. We are advocates of long term value investing and portfolio diversification. Find out about the latest Cryptocurrency News and our favourite Coins and Tokens in our weekly newsletter: https://bitassist.us17.list-manage.com/subscribe?u=80f37b37cb485904c52277d6e&id=a7f03981bb
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parent author
parent permlinkhelp
permlinkdid-you-know-you-can-lose-all-your-tokens-if-you-don-t-register-them-before-the-swap-ends-don-t-forget-to-register-your-ont-for
titleDid you know you can lose all your tokens if you don't register them before the swap ends? Don't forget to register your (ONT) for the ONTOLOGY token swap
Transaction InfoBlock #23941190/Trx b9da370d2391e9a57289fee607290eee04f03fae
View Raw JSON Data
{
  "block": 23941190,
  "op": [
    "comment",
    {
      "author": "bitassist",
      "body": "![eos-binance-token-swap.jpg](https://cdn.steemitimages.com/DQmYmvqb88CL4DfJJ8fFMt7ZWnCS2b3F8T5iM8mGJG1GR7o/eos-binance-token-swap.jpg)\n\nOver the last semester the crypto space deluded a lot of newcomers that got into it lured by promises of shiny Lambos, but from a technological point of view the crypto space has never been more busy. With many projects quickly advancing on their roadmaps, it’s not easy to keep track of everything is happening right now, but there are some things that as an investor you MUST keep well under your control.\n\nOne of this is the token swaps. Token swaps in the most classic form consist of a swap (usually 1:1) of the old ERC-20 compatible tokens in the new blockchain tokens and occur after a project moves its activities from a support blockchain or a Testnet to its Mainnet. In some cases the process is very straightforward, but in others there might be some tricky actions pending on your side that you don’t want to miss.\n\nMy general suggestions for you are:\n\nIt’s still too early to “buy and forget” about your holdings, especially if you’re dealing with ERC-20 tokens: check their status every now and then\nSubscribe to the Twitter and Medium channels of the projects of which you own the tokens. In this way all the announcements of important actions will come to you timely\nSubscribe to the Twitter channel of the main exchanges like Binance or Bitfinex to receive updates on the upcoming swaps\nHolding your funds on an exchange might not be the safer solution, but some major exchanges usually support token swaps, meaning that they will do it for you. You just have to wait till normal trading is restored.\nRely on experts that constantly keep the market monitored and subscribe to their channels to receive news, instructions and help.\nHere’s a list that I put together of the most important upcoming token swaps.\n\nRead carefully, open the links that will bring you to the official channels of the projects and ask for our help if something is not clear.\n\nICON\n\nICON has launched its Mainnet on last January 24. The Token Swap will be made with an exchange rate of one ERC20 ICX token to one mainnet ICX coin. The token swap will be implemented either via exchange or ICONex wallet (ICON native wallet). If you’re holding ICX on the main exchanges there’s no action pending on you, just wait until they announce that the swap is finished and the token can be traded again. I’m referring to Binance, OKex, Huobi, Bithumb and Upbit. This should happen in few days from now, keep the Twitter channels of the exchanges monitored. If you’re holding the ICONex wallet you have to use to the Token Swap button (screenshot below) that swaps your ERC20 ICX tokens stored in the ICONex ETH wallet with mainnet ICX coins and moved to the ICONex ICX wallet. This process started the last June 25 and you’ll have 3 months time to complete the swap.\n\nRead the official post at: https://medium.com/helloiconworld/token-swap-status-update-9a41c8448006\n\nONTOLOGY\n\nOntology Mainnet, “Ontology 1.0”, went live on June 30, 2018. Mapping will begin on July 9th, 2018 and finish October 1st, 2018. The token swap will be implemented either via exchange or wallets. If you’re holding ONT on the main exchanges there’s no action pending on you, just wait until they announce that the swap is finished and the token can be traded again. Exchanges supporting the swap are Binance, Huobi Pro, Upbit, KuCoin, OKEx and CoinEgg.\n\nIf you’re holding you ONT on the ONTO wallet you will need to download the client, import your NEO private key or wallet import format (WIF), click the “Mainnet ONT Token Swap” link, and wait for the mapping to complete.\n\nOther wallets that will support the ONT Mainnet Token Swap are O3 and SEA wallet.\n\nIf ONT token holders do not convert their NEP-5 ONT (the equivalent of ERC-20 in the NEO blockchain) tokens to Ontology Mainnet ONT tokens during that time frame, they will not have another chance to do so.\n\nRead the official post at: https://medium.com/ontologynetwork/mainnet-ont-token-swap-notice-%E5%85%B3%E4%BA%8Eont%E4%B8%BB%E7%BD%91%E5%88%87%E6%8D%A2%E7%9A%84%E8%AF%B4%E6%98%8E-4cd38c2fc55b\n\nVECHAIN\n\nVechain announced its Mainnet launch on last Monday June 2. However, the technology is not yet live, and will only be active after VeChain migrates from the Ethereum blockchain — where it exists as an ERC20 token — to a wholly independent network. On Monday, the foundation announced that it would address the community’s concerns by extending the X Node migration period for ten days after the VeChainThor Ledger app is available. It also said that X Node monitoring will start three weeks after the mobile token swap service becomes available — though it has not yet provided exact dates for these events.\n\nRead the full news at: https://www.coindesk.com/vechain-revises-roadmap-to-address-token-swap-concerns/\n\nStay tuned for more updates!\n\nBitassist is a Bitcoin & Alt-coin brokerage focused on exceptional customer service. We recognise the importance of fundamental analysis and quality information. We are advocates of long term value investing and portfolio diversification.\nFind out about the latest Cryptocurrency News and our favourite Coins and Tokens in our weekly newsletter: https://bitassist.us17.list-manage.com/subscribe?u=80f37b37cb485904c52277d6e&id=a7f03981bb",
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      "title": "Did you know you can lose all your tokens if you don't register them before the swap ends? Don't forget to register your (ONT) for the ONTOLOGY token swap"
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2018/06/18 22:26:30
authorbitassist
permlinkre-eosrio-re-transptrader-re-eosrio-introducing-simpleos-a-desktop-wallet-voting-interface-for-the-eos-ecosystem-20180618t132651663z
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2018/06/18 22:02:12
authoreosrio
bodyHi @bitassist you don't have to do anything to claim your airdrops, if you met the criteria to the airdrops you got them ;) but please note that currently there wasn't any airdrop to the eos mainnet YET. The airdrops you are referring to are ERC-20 tokens that will be converted to the EOS mainnet, or airdrops that will use the currently EOS snapshot. But they should be done pretty soon. When they are deployed effectively to the eos mainnet, we will display them on our walltet :)
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2018/06/18 13:26:51
authorbitassist
bodyHi Guys. I have just recently imported my address from my Exodus wallet (20 minutes ago) and dont see any of the airdrops that are linked to my address. All I see is; Your other tokens, such as Airdrops, will appear here. My question do I need to do something to claim them or does it just take time to sync? Would appreciate any assistance :)
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2018/04/22 14:48:21
authormaximillianair11
permlinkhi-steemit-22-april-2018-could-eos-be-the-new-no-1-for-dapps-in-2018
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steemdelegated 18.138 SP to @bitassist
2018/04/21 20:39:27
delegateebitassist
delegatorsteem
vesting shares29535.559260 VESTS
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2018/04/12 01:51:27
authorbitassist
body@@ -1,8 +1,208 @@ +We take a look at MONACO CARD and show some EXCITING IN APP footage of the NEW to be released MONACO CARD APP. We also look into the new Monaco coin features called Monaco Invest and Monaco Credit. %0A%0A https://
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permlinkmonaco-card-new-app-sneak-peak
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2018/04/12 01:48:33
authorbitassist
permlinkmonaco-card-new-app-sneak-peak
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2018/04/12 01:47:12
authora-0-0
bodyRead my profile if you want me to resteem your blog post to my 33,200+ followers. https://steemit.com/@a-0-0
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2018/04/12 01:47:03
authorbitassist
bodyhttps://www.youtube.com/watch?v=NgbyqzAP_hY
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permlinkmonaco-card-new-app-sneak-peak
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2017/12/27 22:01:30
authorbitassist
permlinkiota-tangle-diversifying-your-portfolio-beyond-the-blockchain
sbd payout0.025 SBD
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2017/12/22 21:22:51
authorbitassist
permlinkiota-tangle-diversifying-your-portfolio-beyond-the-blockchain
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2017/12/22 20:50:45
authorresteembot
bodyResteemed by @resteembot! Good Luck! The resteem was payed by @greetbot Curious? The @resteembot's [introduction post](https://steemit.com/resteembot/@resteembot/how-to-use-resteembot-updated-2017824t202525149z) Get more from @resteembot with the #resteembotsentme initiative Check out the great posts I already resteemed.
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2017/12/22 20:50:06
authorgreetbot
bodyHi. I am @greetbot - a bot that uses AI to look for newbies who write good content. I found your post and decided to help you get noticed. I will pay a resteeming service to resteem your post, and I'll give you my stamp of automatic approval! ![greetbot's stamp of approval](https://s7.postimg.org/6uvjyjmln/Greet_Bot_stamp.png)
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2017/12/20 22:17:18
authorbitassist
permlinkiota-tangle-diversifying-your-portfolio-beyond-the-blockchain
votermaximillianair11
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2017/12/20 22:04:45
authorbitassist
body@@ -4985,16 +4985,40 @@ SIST._%0A%0A +W: www.bitassist.co.uk%0A%0A !%5BBitass @@ -5166,38 +5166,8 @@ g)%0A%0A -Website: www.bitassist.co.uk%0A%0A Disc
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permlinkiota-tangle-diversifying-your-portfolio-beyond-the-blockchain
titleIOTA Tangle – Diversifying your portfolio beyond the blockchain
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hottopicsent 0.001 STEEM to @bitassist- "Hello bitassist. I Followed you.If you follow me, I'll be happy.Thanks :)"
2017/12/20 22:01:42
amount0.001 STEEM
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memoHello bitassist. I Followed you.If you follow me, I'll be happy.Thanks :)
tobitassist
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2017/12/20 22:01:30
authorbitassist
body![IOTA.png](https://steemitimages.com/DQmf2x6ui2GhR6XfptCVhYSh6Xs64ms4Vs7SSD18ivLpLs9/IOTA.png) There is a buzz of excitement in the air. Blockchain technology is poised to disrupt the entire internet based services industry with promises of increased security, transparency and transaction speeds. As the cornerstone of blockchain technology, Bitcoin has held over 50% of the total market value up until now, but this is not necessarily an indication of the future trend. Ambitious projects such as the IOTA Tangle are going beyond the blockchain in an attempt to solve the scalability issues inherent to Nakamoto’s blockchain design. _As the Cryptocurrency market continues to mature, it’s paramount that investors hedge their risk. As many new investors buy their first blockchain based coins from Coinbase – Bitcoin, Bitcoin Cash or Litecoin – they must be aware of the high growth potential assets out of reach of the Coinbase platform._ One prime example is IOTA where the team have already implemented what is considered by some as blockchain 2.0. The IOTA tangle achieves similar outcomes to blockchain technology with far fewer limitations. Here’s a brief overview of the IOTA Tangle project to help you assess whether it should be part of your investment portfolio. ![1_epCwtfjbhxOtOfL650v6xA.png](https://steemitimages.com/DQmYvLUQfo1ZfFE7qoQiwybkHMeexGxp7kb3rCkT6WsR8kU/1_epCwtfjbhxOtOfL650v6xA.png) Blockchain 2.0 – What’s limiting about blockchain technology? The blockchain technology that powers Bitcoin, enables a decentralized, distributed public ledger that can be used for everything from currency to property rights. Whilst some praise the technology for its success, others criticise the increasing latency that is inherent with user growth, in some cases waiting 12 hours for a transaction to complete. Why are transaction times increasing as the network gains more users? To answer this we need to understand how transactions are put into blocks. For a transaction to be recorded, it is packed into a block before being approved by the miners on the network. Once the transaction has been packed, the block becomes part of the chain and miners begin to work on the subsequent block. As the technology gains more users, there are a greater number of transactions that need to be recorded, yet the rate that blocks are packed remains constant at around ten minutes. Put another way, imagine a 1MB block holds 100 transactions, this means that 100 transactions can be approved by the network every 10 minutes. Now imagine that instead of requiring to fulfill 100 transactions in 10 minutes, the Bitcoin protocol has to fulfill 200 transactions, this will take two 1MB blocks in order to complete the backlog of transactions, which is around 20 minutes. A transaction that took 10 minutes before could now take two or more times longer, increasing in line with the increasing network demand. Now imagine you wanted to send real time, secured and immutable data on the blockchain, you would constantly be receiving it long after it was sent. This latency in transaction times is a key focus of the IOTA protocol. The IOTA protocol does not rely on the linear transaction confirmations of a blockchain, instead using the IOTA Tangle. What is IOTA and how does it solve the scaling problem? IOTA is an open-source distributed ledger that is primarily focused on providing cryptographically secure payments and communications amongst the Internet of Things (IOT). IOTA goes beyond the blockchain, using directed acyclic graphs (DAG) to help solve the scaling problem faced by the linear data structure of blockchain technology. Without the need for highly energy intensive mining systems, IOTA’s transactions can be free regardless of the size of the transaction. Confirmation times are fast since the DAG technology can handle unlimited transactions simultaneously across the network. _Having recently announced an arms length collaboration with the likes of Microsoft, Deutshe Telicom and Fujitsu, the IOTA team is well positioned to be a prominent player in the Internet of Things technology space._ Conclusion With Bitcoin holding the lion’s share of the cryptocurrency market since its inception in 2009, the race for the top spot is hotting up. Analysts, enthusiasts and investors are eagerly watching the market in anticipation of the leaders of tomorrow. Whilst IOTA is not necessarily aiming for Bitcoin’s position as top cryptocurrency, the revolutionary application of directed acyclic graphs in bringing together a network of 2.5 quintillion bytes of data make it a strong contender for the position of largest market capitalisation of a distributed, open source, cryptographic database. _Whether it takes the top spot or not, we believe IOTA a promising successor to the blockchain and a worthy component of any investment portfolio. Diversify your Bitcoin, Bitcoin Cash, Litecoin and Ethereum holdings today with the assistance of BITASSIST._ ![Bitassist Logo - Horizontal .png](https://steemitimages.com/DQmWGAtXfQTYZowQF5GtNCRX7LKbMRVkDW5TJqUScFWPAcc/Bitassist%20Logo%20-%20Horizontal%20.png) Website: www.bitassist.co.uk Disclaimer: This should not be taken as investment advice and readers are urged to do their own research from a variety of resources prior to making any investments. The cryptocurrency market is an unregulated space within the UK and, as with any investment, carries an inherent risk of loss. BITASSIST - Driving Digital Investments
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      "body": "![IOTA.png](https://steemitimages.com/DQmf2x6ui2GhR6XfptCVhYSh6Xs64ms4Vs7SSD18ivLpLs9/IOTA.png)\n\nThere is a buzz of excitement in the air. Blockchain technology is poised to disrupt the entire internet based services industry with promises of increased security, transparency and transaction speeds. As the cornerstone of blockchain technology, Bitcoin has held over 50% of the total market value up until now, but this is not necessarily an indication of the future trend. Ambitious projects such as the IOTA Tangle are going beyond the blockchain in an attempt to solve the scalability issues inherent to Nakamoto’s blockchain design.\n\n_As the Cryptocurrency market continues to mature, it’s paramount that investors hedge their risk. 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IOTA goes beyond the blockchain, using directed acyclic graphs (DAG) to help solve the scaling problem faced by the linear data structure of blockchain technology. Without the need for highly energy intensive mining systems, IOTA’s transactions can be free regardless of the size of the transaction. Confirmation times are fast since the DAG technology can handle unlimited transactions simultaneously across the network.\n\n_Having recently announced an arms length collaboration with the likes of Microsoft, Deutshe Telicom and Fujitsu, the IOTA team is well positioned to be a prominent player in the Internet of Things technology space._\n\nConclusion\n\nWith Bitcoin holding the lion’s share of the cryptocurrency market since its inception in 2009, the race for the top spot is hotting up. Analysts, enthusiasts and investors are eagerly watching the market in anticipation of the leaders of tomorrow. Whilst IOTA is not necessarily aiming for Bitcoin’s position as top cryptocurrency, the revolutionary application of directed acyclic graphs in bringing together a network of 2.5 quintillion bytes of data make it a strong contender for the position of largest market capitalisation of a distributed, open source, cryptographic database.\n\n_Whether it takes the top spot or not, we believe IOTA a promising successor to the blockchain and a worthy component of any investment portfolio. Diversify your Bitcoin, Bitcoin Cash, Litecoin and Ethereum holdings today with the assistance of BITASSIST._\n\n![Bitassist Logo - Horizontal .png](https://steemitimages.com/DQmWGAtXfQTYZowQF5GtNCRX7LKbMRVkDW5TJqUScFWPAcc/Bitassist%20Logo%20-%20Horizontal%20.png)\n\nWebsite: www.bitassist.co.uk\n\nDisclaimer: This should not be taken as investment advice and readers are urged to do their own research from a variety of resources prior to making any investments. The cryptocurrency market is an unregulated space within the UK and, as with any investment, carries an inherent risk of loss.\n\nBITASSIST - Driving Digital Investments",
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steemdelegated 18.263 SP to @bitassist
2017/12/12 22:21:15
delegateebitassist
delegatorsteem
vesting shares29739.391312 VESTS
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2017/12/01 19:17:06
authorbitassist
permlinkwhat-s-a-protocol-and-how-does-it-apply-to-blockchain-technology
sbd payout0.009 SBD
steem payout0.000 STEEM
vesting payout20.522911 VESTS
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bitassistreceived 0.102 SBD, 0.115 SP author reward for @bitassist / is-bitcoin-anonymous
2017/11/29 21:28:21
authorbitassist
permlinkis-bitcoin-anonymous
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vesting payout186.776637 VESTS
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2017/11/25 13:49:36
authorbitassist
permlinkwhat-s-a-protocol-and-how-does-it-apply-to-blockchain-technology
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2017/11/24 22:02:51
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2017/11/24 19:17:39
authorbitassist
bodyA protocol is a set of rules or operating procedures that determine how a software program should operate. There are a number of different protocols that utilise blockchain technology and over the next few posts I’ll be outlining the biggest and best currently in development. But first, let’s understand what a protocol really is…. Protocols are essentially the rules that govern software programs. If we want to use a certain program, we’ll need to follow the rules it outlines. Through outlining certain rules or parameters, different protocols produce different user outcomes. The parameters defined by a protocol can relate to a number of different variables including how secure the system is, how data is transferred between users or how long transaction take to be processed. When designing a blockchain protocol, developers decide on which rules they think will optimise their system. **How does this relate to blockchain technology?** Well, different blockchains have different protocols depending on what they’re trying to achieve. A protocol designed to support smart contracts will be different from a protocol designed for supporting digital currency. Even when a blockchain protocol has the same objective as another, it can be designed differently - there are often numerous different ways of achieving the same outcome. *In the following series I’ll be outlining some of the top protocols currently in development - What they are, what they’re used for and how they work. As always, if you have any more questions, drop me a comment and I’d be happy to help.* Written by BlockchainJames https://www.blockchainjames.co.uk/
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2017/11/24 19:17:06
authorbitassist
bodyA protocol is a set of rules or operating procedures that determine how a software program should operate. There are a number of different protocols that utilise blockchain technology and over the next few posts I’ll be outlining the biggest and best currently in development. But first, let’s understand what a protocol really is…. Protocols are essentially the rules that govern software programs. If we want to use a certain program, we’ll need to follow the rules it outlines. Through outlining certain rules or parameters, different protocols produce different user outcomes. The parameters defined by a protocol can relate to a number of different variables including how secure the system is, how data is transferred between users or how long transaction take to be processed. When designing a blockchain protocol, developers decide on which rules they think will optimise their system. **How does this relate to blockchain technology?** Well, different blockchains have different protocols depending on what they’re trying to achieve. A protocol designed to support smart contracts will be different from a protocol designed for supporting digital currency. Even when a blockchain protocol has the same objective as another, it can be designed differently - there are often numerous different ways of achieving the same outcome. *In the following series I’ll be outlining some of the top protocols currently in development - What they are, what they’re used for and how they work. As always, if you have any more questions, drop me a comment and I’d be happy to help.* Written by BlockchainJames https://www.blockchainjames.co.uk/
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      "body": "A protocol is a set of rules or operating procedures that determine how a software program should operate. There are a number of different protocols that utilise blockchain technology and over the next few posts I’ll be outlining the biggest and best currently in development. But first, let’s understand what a protocol really is….\n\nProtocols are essentially the rules that govern software programs. If we want to use a certain program, we’ll need to follow the rules it outlines. Through outlining certain rules or parameters, different protocols produce different user outcomes. The parameters defined by a protocol can relate to a number of different variables including how secure the system is, how data is transferred between users or how long transaction take to be processed. When designing a blockchain protocol, developers decide on which rules they think will optimise their system.\n \n**How does this relate to blockchain technology?**\n \nWell, different blockchains have different protocols depending on what they’re trying to achieve. A protocol designed to support smart contracts will be different from a protocol designed for supporting digital currency. Even when a blockchain protocol has the same objective as another, it can be designed differently - there are often numerous different ways of achieving the same outcome.\n \n*In the following series I’ll be outlining some of the top protocols currently in development - What they are, what they’re used for and how they work. As always, if you have any more questions, drop me a comment and I’d be happy to help.*\n\nWritten by BlockchainJames\nhttps://www.blockchainjames.co.uk/",
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2017/11/24 19:15:39
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2017/11/24 19:11:51
authorbitassist
bodyWith over 1 Billion people without access to reliable energy, greater than 1 Billion people underbanked and 750 million illiterate adults, companies have started to offer blockchain solutions to challenges faced in the developing world. ![Digital currency for the unbanked.jpg](https://steemitimages.com/DQmVLZLh8qSLnZG8vrdVTG6iJsRxRR5Q37JA2t4Q9Vsea4m/Digital%20currency%20for%20the%20unbanked.jpg) *A number of platforms have been emerging in the financial services space claiming to solve the world’s greatest challenges. I want to bring a dose of reality back to the table. To name a couple in an already crowded space, Humaniq.com claims to bring financial inclusion to 2.5 Billion people and Suncontract want to bring energy solar panel owners trade their energy for Suncoins. This review focuses on the asymmetry between Humaniq's financial inclusion mission statement and the system they aim to put in place.* With newly minted digital coins valuing the sum of these businesses at $30 million, it’s concerning that the solutions they offer are far quicker to monetise challenges faced by the developing world than trying to understand how to improve them. Despite the seemingly good intentions of these companies, they are missing the most intrinsic element of development economics, financial security. Before explaining why Humaniq falls short in this critical area, i’ll give you an overview of the project. The principle of cryptocurrencies such as Humaniq is in creating a coin native to their business that acts as a digital exchange of value, replacing traditional Fiat currency. For example, instead of receiving sales in Kenyan Shillings, companies such as Humaniq encourage users to receive HMQ coins. The platform goes a step further in offering additional HMQ coins as incentives for encouraging other community members to spend and receive HMQ. As a digital currency, exchanging HMQ requires users to own smartphones which Humaniq’s ambitious project also aims to provide. On the surface, this sounds like an incredible project right? Well not really. Whilst there are a number of advantages in switching to a blockchain based currency such as lower transaction fees, immutability of ownership and reduction of counterparty risk, these currencies are extremely volatile. At current, users have no way of securing the market value of the HMQ tokens their holding. This means that the equivalent of 8 hours pay received on Thursday could be worth less than 5 hours pay by Saturday. Yes, I know what you’re thinking and you’re not wrong. The volatile price could equally mean a user increases their equivalent pay through doing nothing. However, let’s be real, this unpredictable and volatile value of holdings will do nothing to improve a user’s financial situation, in fact I would strongly argue that it would weaken it. Imagine the user needs to pay school fees, medical bills or food and at the point when their HMQ coins are worth 60% of the value she earned them at. In the lowest income bracket, the typical user often spends 90% of their income on subsistence and if this income were eroded 40%, the holder simply wouldn’t have enough to cover their expenses. I don’t disagree with the intentions of projects like Humaniq, but I do find it deeply concerning that investors blindly support these projects without considering the reality of these projects. **Summary** In order for Cryptocurrency to successfully aid the unbanked it needs to take the same shape as the fiat currencies it aims to replace. With companies such as Humaniq having raised millions of dollars in an attempt to improve the financial position of those in developing economies it is clear that investors want to help the cause. However, in order to be truly successful in alleviating poverty through financial access it’s paramount that they consider the huge risk of holding savings in a highly volatile currency. Whilst there are a number of possible solutions, a good place to start is either with localising the circulation of coins so non-market participants cannot speculatively trade HMQ or through providing hedging instruments within their app to secure an FX rate between HMQ and local Fiat. Without this change in approach, this project and other to come are at risk of worsening rather than approving the financial position of those in the developing world.! Written by **BlockchainJames** https://www.blockchainjames.co.uk
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      "body": "With over 1 Billion people without access to reliable energy, greater than 1 Billion people underbanked and 750 million illiterate adults, companies have started to offer blockchain solutions to challenges faced in the developing world. \n\n![Digital currency for the unbanked.jpg](https://steemitimages.com/DQmVLZLh8qSLnZG8vrdVTG6iJsRxRR5Q37JA2t4Q9Vsea4m/Digital%20currency%20for%20the%20unbanked.jpg)\n\n*A number of platforms have been emerging in the financial services space claiming to solve the world’s greatest challenges. I want to bring a dose of reality back to the table. To name a couple in an already crowded space, Humaniq.com claims to bring financial inclusion to 2.5 Billion people and Suncontract want to bring energy solar panel owners trade their energy for Suncoins. This review focuses on the asymmetry between Humaniq's financial inclusion mission statement and the system they aim to put in place.*\n \nWith newly minted digital coins valuing the sum of these businesses at $30 million, it’s concerning that the solutions they offer are far quicker to monetise challenges faced by the developing world than trying to understand how to improve them.\n \nDespite the seemingly good intentions of these companies, they are missing the most intrinsic element of development economics, financial security. Before explaining why Humaniq falls short in this critical area, i’ll give you an overview of the project.\n \nThe principle of cryptocurrencies such as Humaniq is in creating a coin native to their business that acts as a digital exchange of value, replacing traditional Fiat currency. For example, instead of receiving sales in Kenyan Shillings, companies such as Humaniq encourage users to receive HMQ coins. The platform goes a step further in offering additional HMQ coins as incentives for encouraging other community members to spend and receive HMQ. As a digital currency, exchanging HMQ requires users to own smartphones which Humaniq’s ambitious project also aims to provide. On the surface, this sounds like an incredible project right? Well not really.\n \nWhilst there are a number of advantages in switching to a blockchain based currency such as lower transaction fees, immutability of ownership and reduction of counterparty risk, these currencies are extremely volatile. At current, users have no way of securing the market value of the HMQ tokens their holding. This means that the equivalent of 8 hours pay received on Thursday could be worth less than 5 hours pay by Saturday. Yes, I know what you’re thinking and you’re not wrong. The volatile price could equally mean a user increases their equivalent pay through doing nothing. However, let’s be real, this unpredictable and volatile value of holdings will do nothing to improve a user’s financial situation, in fact I would strongly argue that it would weaken it.\n \nImagine the user needs to pay school fees, medical bills or food and at the point when their HMQ coins are worth 60% of the value she earned them at. In the lowest income bracket, the typical user often spends 90% of their income on subsistence and if this income were eroded 40%, the holder simply wouldn’t have enough to cover their expenses. I don’t disagree with the intentions of projects like Humaniq, but I do find it deeply concerning that investors blindly support these projects without considering the reality of these projects.\n \n**Summary**\nIn order for Cryptocurrency to successfully aid the unbanked it needs to take the same shape as the fiat currencies it aims to replace. With companies such as Humaniq having  raised millions of dollars in an attempt to improve the financial position of those in developing economies it is clear that investors want to help the cause. However, in order to be truly successful in alleviating poverty through financial access it’s paramount that they consider the huge risk of holding savings in a highly volatile currency. Whilst there are a number of possible solutions, a good place to start is either with localising the circulation of coins so non-market participants cannot speculatively trade HMQ or through providing hedging instruments within their app to secure an FX rate between HMQ and local Fiat. Without this change in approach, this project and other to come are at risk of worsening rather than approving the financial position of those in the developing world.!\n\nWritten by **BlockchainJames**\nhttps://www.blockchainjames.co.uk",
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2017/11/23 17:21:00
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2017/11/23 17:20:33
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2017/11/23 14:49:15
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2017/11/23 14:48:42
authorbitassist
bodyWith over 1 Billion people without access to reliable energy, greater than 1 Billion people underbanked and 750 million illiterate adults, companies have started to offer blockchain solutions to challenges faced in the developing world. ![Digital currency for the unbanked.jpg](https://steemitimages.com/DQmVLZLh8qSLnZG8vrdVTG6iJsRxRR5Q37JA2t4Q9Vsea4m/Digital%20currency%20for%20the%20unbanked.jpg) *A number of platforms have been emerging in the financial services space claiming to solve the world’s greatest challenges. I want to bring a dose of reality back to the table. To name a couple in an already crowded space, Humaniq.com claims to bring financial inclusion to 2.5 Billion people and Suncontract want to bring energy solar panel owners trade their energy for Suncoins. This review focuses on the asymmetry between Humaniq's financial inclusion mission statement and the system they aim to put in place.* With newly minted digital coins valuing the sum of these businesses at $30 million, it’s concerning that the solutions they offer are far quicker to monetise challenges faced by the developing world than trying to understand how to improve them. Despite the seemingly good intentions of these companies, they are missing the most intrinsic element of development economics, financial security. Before explaining why Humaniq falls short in this critical area, i’ll give you an overview of the project. The principle of cryptocurrencies such as Humaniq is in creating a coin native to their business that acts as a digital exchange of value, replacing traditional Fiat currency. For example, instead of receiving sales in Kenyan Shillings, companies such as Humaniq encourage users to receive HMQ coins. The platform goes a step further in offering additional HMQ coins as incentives for encouraging other community members to spend and receive HMQ. As a digital currency, exchanging HMQ requires users to own smartphones which Humaniq’s ambitious project also aims to provide. On the surface, this sounds like an incredible project right? Well not really. Whilst there are a number of advantages in switching to a blockchain based currency such as lower transaction fees, immutability of ownership and reduction of counterparty risk, these currencies are extremely volatile. At current, users have no way of securing the market value of the HMQ tokens their holding. This means that the equivalent of 8 hours pay received on Thursday could be worth less than 5 hours pay by Saturday. Yes, I know what you’re thinking and you’re not wrong. The volatile price could equally mean a user increases their equivalent pay through doing nothing. However, let’s be real, this unpredictable and volatile value of holdings will do nothing to improve a user’s financial situation, in fact I would strongly argue that it would weaken it. Imagine the user needs to pay school fees, medical bills or food and at the point when their HMQ coins are worth 60% of the value she earned them at. In the lowest income bracket, the typical user often spends 90% of their income on subsistence and if this income were eroded 40%, the holder simply wouldn’t have enough to cover their expenses. I don’t disagree with the intentions of projects like Humaniq, but I do find it deeply concerning that investors blindly support these projects without considering the reality of these projects. **Summary** In order for Cryptocurrency to successfully aid the unbanked it needs to take the same shape as the fiat currencies it aims to replace. With companies such as Humaniq having raised millions of dollars in an attempt to improve the financial position of those in developing economies it is clear that investors want to help the cause. However, in order to be truly successful in alleviating poverty through financial access it’s paramount that they consider the huge risk of holding savings in a highly volatile currency. Whilst there are a number of possible solutions, a good place to start is either with localising the circulation of coins so non-market participants cannot speculatively trade HMQ or through providing hedging instruments within their app to secure an FX rate between HMQ and local Fiat. Without this change in approach, this project and other to come are at risk of worsening rather than approving the financial position of those in the developing world.! Written by **BlockchainJames** https://www.blockchainjames.co.uk
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2017/11/23 14:44:27
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2017/11/23 14:43:39
authorbitassist
bodyWith over 1 Billion people without access to reliable energy, greater than 1 Billion people underbanked and 750 million illiterate adults, companies have started to offer blockchain solutions to challenges faced in the developing world. *A number of platforms have been emerging in the financial services space claiming to solve the world’s greatest challenges. I want to bring a dose of reality back to the table. To name a couple in an already crowded space, Humaniq.com claims to bring financial inclusion to 2.5 Billion people and Suncontract want to bring energy solar panel owners trade their energy for Suncoins. This review focuses on the asymmetry between Humaniq's financial inclusion mission statement and the system they aim to put in place.* With newly minted digital coins valuing the sum of these businesses at $30 million, it’s concerning that the solutions they offer are far quicker to monetise challenges faced by the developing world than trying to understand how to improve them. Despite the seemingly good intentions of these companies, they are missing the most intrinsic element of development economics, financial security. Before explaining why Humaniq falls short in this critical area, i’ll give you an overview of the project. The principle of cryptocurrencies such as Humaniq is in creating a coin native to their business that acts as a digital exchange of value, replacing traditional Fiat currency. For example, instead of receiving sales in Kenyan Shillings, companies such as Humaniq encourage users to receive HMQ coins. The platform goes a step further in offering additional HMQ coins as incentives for encouraging other community members to spend and receive HMQ. As a digital currency, exchanging HMQ requires users to own smartphones which Humaniq’s ambitious project also aims to provide. On the surface, this sounds like an incredible project right? Well not really. Whilst there are a number of advantages in switching to a blockchain based currency such as lower transaction fees, immutability of ownership and reduction of counterparty risk, these currencies are extremely volatile. At current, users have no way of securing the market value of the HMQ tokens their holding. This means that the equivalent of 8 hours pay received on Thursday could be worth less than 5 hours pay by Saturday. Yes, I know what you’re thinking and you’re not wrong. The volatile price could equally mean a user increases their equivalent pay through doing nothing. However, let’s be real, this unpredictable and volatile value of holdings will do nothing to improve a user’s financial situation, in fact I would strongly argue that it would weaken it. Imagine the user needs to pay school fees, medical bills or food and at the point when their HMQ coins are worth 60% of the value she earned them at. In the lowest income bracket, the typical user often spends 90% of their income on subsistence and if this income were eroded 40%, the holder simply wouldn’t have enough to cover their expenses. I don’t disagree with the intentions of projects like Humaniq, but I do find it deeply concerning that investors blindly support these projects without considering the reality of these projects. **Summary** In order for Cryptocurrency to successfully aid the unbanked it needs to take the same shape as the fiat currencies it aims to replace. With companies such as Humaniq having raised millions of dollars in an attempt to improve the financial position of those in developing economies it is clear that investors want to help the cause. However, in order to be truly successful in alleviating poverty through financial access it’s paramount that they consider the huge risk of holding savings in a highly volatile currency. Whilst there are a number of possible solutions, a good place to start is either with localising the circulation of coins so non-market participants cannot speculatively trade HMQ or through providing hedging instruments within their app to secure an FX rate between HMQ and local Fiat. Without this change in approach, this project and other to come are at risk of worsening rather than approving the financial position of those in the developing world.! Written by **BlockchainJames** https://www.blockchainjames.co.uk ![Digital currency for the unbanked.jpg](https://steemitimages.com/DQmVLZLh8qSLnZG8vrdVTG6iJsRxRR5Q37JA2t4Q9Vsea4m/Digital%20currency%20for%20the%20unbanked.jpg)
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2017/11/23 14:40:12
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2017/11/23 14:36:48
authorbitassist
bodyWith over 1 Billion people without access to reliable energy, greater than 1 Billion people underbanked and 750 million illiterate adults, companies have started to offer blockchain solutions to challenges faced in the developing world. *A number of platforms have been emerging in the financial services space claiming to solve the world’s greatest challenges. I want to bring a dose of reality back to the table. To name a couple in an already crowded space, Humaniq.com claims to bring financial inclusion to 2.5 Billion people and Suncontract want to bring energy solar panel owners trade their energy for Suncoins. This review focuses on the asymmetry between Humaniq's financial inclusion mission statement and the system they aim to put in place.* With newly minted digital coins valuing the sum of these businesses at $30 million, it’s concerning that the solutions they offer are far quicker to monetise challenges faced by the developing world than trying to understand how to improve them. Despite the seemingly good intentions of these companies, they are missing the most intrinsic element of development economics, financial security. Before explaining why Humaniq falls short in this critical area, i’ll give you an overview of the project. The principle of cryptocurrencies such as Humaniq is in creating a coin native to their business that acts as a digital exchange of value, replacing traditional Fiat currency. For example, instead of receiving sales in Kenyan Shillings, companies such as Humaniq encourage users to receive HMQ coins. The platform goes a step further in offering additional HMQ coins as incentives for encouraging other community members to spend and receive HMQ. As a digital currency, exchanging HMQ requires users to own smartphones which Humaniq’s ambitious project also aims to provide. On the surface, this sounds like an incredible project right? Well not really. Whilst there are a number of advantages in switching to a blockchain based currency such as lower transaction fees, immutability of ownership and reduction of counterparty risk, these currencies are extremely volatile. At current, users have no way of securing the market value of the HMQ tokens their holding. This means that the equivalent of 8 hours pay received on Thursday could be worth less than 5 hours pay by Saturday. Yes, I know what you’re thinking and you’re not wrong. The volatile price could equally mean a user increases their equivalent pay through doing nothing. However, let’s be real, this unpredictable and volatile value of holdings will do nothing to improve a user’s financial situation, in fact I would strongly argue that it would weaken it. Imagine the user needs to pay school fees, medical bills or food and at the point when their HMQ coins are worth 60% of the value she earned them at. In the lowest income bracket, the typical user often spends 90% of their income on subsistence and if this income were eroded 40%, the holder simply wouldn’t have enough to cover their expenses. I don’t disagree with the intentions of projects like Humaniq, but I do find it deeply concerning that investors blindly support these projects without considering the reality of these projects. **Summary** In order for Cryptocurrency to successfully aid the unbanked it needs to take the same shape as the fiat currencies it aims to replace. With companies such as Humaniq having raised millions of dollars in an attempt to improve the financial position of those in developing economies it is clear that investors want to help the cause. However, in order to be truly successful in alleviating poverty through financial access it’s paramount that they consider the huge risk of holding savings in a highly volatile currency. Whilst there are a number of possible solutions, a good place to start is either with localising the circulation of coins so non-market participants cannot speculatively trade HMQ or through providing hedging instruments within their app to secure an FX rate between HMQ and local Fiat. Without this change in approach, this project and other to come are at risk of worsening rather than approving the financial position of those in the developing world.! Written by **BlockchainJames** https://www.blockchainjames.co.uk [Digital currency for the unbanked.jpg](https://steemitimages.com/DQmVLZLh8qSLnZG8vrdVTG6iJsRxRR5Q37JA2t4Q9Vsea4m/Digital%20currency%20for%20the%20unbanked.jpg)
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2017/11/23 12:40:48
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2017/11/23 12:38:45
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2017/11/23 12:37:03
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2017/11/23 04:00:18
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2017/11/23 04:00:15
authorsteemitboard
bodyCongratulations @bitassist! You have completed some achievement on Steemit and have been rewarded with new badge(s) : [![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstpost.png)](http://steemitboard.com/@bitassist) You published your First Post [![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstvote.png)](http://steemitboard.com/@bitassist) You made your First Vote [![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstvoted.png)](http://steemitboard.com/@bitassist) You got a First Vote [![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@bitassist) Award for the number of upvotes received Click on any badge to view your own Board of Honor on SteemitBoard. For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard) If you no longer want to receive notifications, reply to this comment with the word `STOP` > By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
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2017/11/23 03:17:57
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2017/11/23 01:04:42
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2017/11/22 22:05:48
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2017/11/22 22:03:30
authortuanis
bodyWelcome to steemit @bitassist. Join #minnowsupportproject for more help. Type in the comments of a post @OriginalWorks and it will help you verify that content is original. Transfer SBD to @treeplanter to plant trees and get an get an upvote in exchange of your donation (Min 0.01 SDB) Upvote this comment to keep helping more new steemians Transfer SBD to @tuanis in exchange of an upvote and support this project
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tuanissent 0.002 SBD to @bitassist- "MSP Registrations funds, welcome to Steemit!"
2017/11/22 22:03:27
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tobitassist
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2017/11/22 22:03:18
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  "op_in_trx": 0,
  "timestamp": "2017-11-22T22:03:18",
  "trx_id": "e480a5b5c999f46be04aa33e5b9aabd35f6d4715",
  "trx_in_block": 15,
  "virtual_op": 0
}
2017/11/22 22:01:54
authorlopezdacruz
permlinkre-is-bitcoin-anonymous-20171122t220123
voterbitassist
weight10000 (100.00%)
Transaction InfoBlock #17456480/Trx 999ae0f69b593c7d50689805a5fcdcbbe32a0ebe
View Raw JSON Data
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  "op": [
    "vote",
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  "op_in_trx": 0,
  "timestamp": "2017-11-22T22:01:54",
  "trx_id": "999ae0f69b593c7d50689805a5fcdcbbe32a0ebe",
  "trx_in_block": 19,
  "virtual_op": 0
}
2017/11/22 22:01:24
authorbitassist
permlinkis-bitcoin-anonymous
voterlopezdacruz
weight300 (3.00%)
Transaction InfoBlock #17456470/Trx bffd6c2bd95226e424e50aed082e0db0f477a51d
View Raw JSON Data
{
  "block": 17456470,
  "op": [
    "vote",
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      "author": "bitassist",
      "permlink": "is-bitcoin-anonymous",
      "voter": "lopezdacruz",
      "weight": 300
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  ],
  "op_in_trx": 0,
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  "trx_id": "bffd6c2bd95226e424e50aed082e0db0f477a51d",
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}
2017/11/22 22:01:24
authorlopezdacruz
bodywelcome to steemit, nice Happy steemit !!! cheers
json metadata
parent authorbitassist
parent permlinkis-bitcoin-anonymous
permlinkre-is-bitcoin-anonymous-20171122t220123
title
Transaction InfoBlock #17456470/Trx a519d5b03d2eeb98b770f89fdba3fe55fd6abd06
View Raw JSON Data
{
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  "op": [
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    {
      "author": "lopezdacruz",
      "body": "welcome to steemit, nice\n\nHappy steemit !!! cheers",
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  "trx_id": "a519d5b03d2eeb98b770f89fdba3fe55fd6abd06",
  "trx_in_block": 5,
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}

Account Metadata

POSTING JSON METADATA
profile{"profile_image":"https://www.bitassist.co.uk/wp-content/uploads/2015/12/BA-02-IMAGE.png","cover_image":"https://www.bitassist.co.uk/wp-content/uploads/2015/12/BA-02-IMAGE.png","name":"Bitassist","about":"Bitassist is a trusted cryptocurrency consultancy that focuses on customer support & education to promote digital currency investments to the everyday investor","location":"London","website":"https://www.bitassist.co.uk/"}
JSON METADATA
profile{"profile_image":"https://www.bitassist.co.uk/wp-content/uploads/2015/12/BA-02-IMAGE.png","cover_image":"https://www.bitassist.co.uk/wp-content/uploads/2015/12/BA-02-IMAGE.png","name":"Bitassist","about":"Bitassist is a trusted cryptocurrency consultancy that focuses on customer support & education to promote digital currency investments to the everyday investor","location":"London","website":"https://www.bitassist.co.uk/"}
{
  "posting_json_metadata": {
    "profile": {
      "profile_image": "https://www.bitassist.co.uk/wp-content/uploads/2015/12/BA-02-IMAGE.png",
      "cover_image": "https://www.bitassist.co.uk/wp-content/uploads/2015/12/BA-02-IMAGE.png",
      "name": "Bitassist",
      "about": "Bitassist is a trusted cryptocurrency consultancy that focuses on customer support & education to promote digital currency investments to the everyday investor",
      "location": "London",
      "website": "https://www.bitassist.co.uk/"
    }
  },
  "json_metadata": {
    "profile": {
      "profile_image": "https://www.bitassist.co.uk/wp-content/uploads/2015/12/BA-02-IMAGE.png",
      "cover_image": "https://www.bitassist.co.uk/wp-content/uploads/2015/12/BA-02-IMAGE.png",
      "name": "Bitassist",
      "about": "Bitassist is a trusted cryptocurrency consultancy that focuses on customer support & education to promote digital currency investments to the everyday investor",
      "location": "London",
      "website": "https://www.bitassist.co.uk/"
    }
  }
}

Auth Keys

Owner
Single Signature
Public Keys
STM7ZDw7htn1boUUJ1gQv7BA3D7VQrnYEffqQecJox3QEJxbtggRd1/1
Active
Single Signature
Public Keys
STM8Q78s9XgybQp9qrV6jVJhoPfzMXamgc2fE2kxqTpVGsfovfehj1/1
Posting
Single Signature
Public Keys
STM5i2zsh2xLs1kfGjPmzBT2Kc9Tpaw2MLEM9PDSh1y2SNJQBjUWi1/1
Memo
STM72e1BUsL7p1BH52KicE9dEiwaeRMALVBsBVoYmpaeCcAnfrPGH
{
  "owner": {
    "account_auths": [],
    "key_auths": [
      [
        "STM7ZDw7htn1boUUJ1gQv7BA3D7VQrnYEffqQecJox3QEJxbtggRd",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "active": {
    "account_auths": [],
    "key_auths": [
      [
        "STM8Q78s9XgybQp9qrV6jVJhoPfzMXamgc2fE2kxqTpVGsfovfehj",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "posting": {
    "account_auths": [],
    "key_auths": [
      [
        "STM5i2zsh2xLs1kfGjPmzBT2Kc9Tpaw2MLEM9PDSh1y2SNJQBjUWi",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "memo": "STM72e1BUsL7p1BH52KicE9dEiwaeRMALVBsBVoYmpaeCcAnfrPGH"
}

Witness Votes

0 / 30
No active witness votes.
[]