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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.coindesk.com/ethereum-lightning-buterin-poon-unveil-plasma-scaling-plan/",
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      "title": "Ethereum + Lightning? Buterin and Poon Unveil 'Plasma'",
      "body": "![image](https://img.esteem.ws/z58wpv9j36.jpg)\n\nBut a new solution called Plasma, unveiled Wednesday, is quickly emerging as perhaps the project to watch.\n\nThat's because its authors – Vitalik Buterin and Joseph Poon – have blockchain resumes that are hard to beat. Not only is Buterin the creator of ethereum, but Poon co-authored the Lightning Network white paper, which set the roadmap for the technology widely touted as bitcoin's best shot for increasing its number of users.\n\nTogether, the two are a powerhouse pair to have working on a scalability project.\n\nPoon told CoinDesk:\n\n\"People say you can't run everything in the world on the blockchain, but I really, really think it's possible.\"\n\nHe believes wholeheartedly in ethereum's mission of becoming a world computer that \"replaces server farms,\" and has no doubt that its scaling hurdles will be overcome.\n\n\"This decentralized application stuff has looked like hype to really technical people, because there wasn't a clear trajectory and a path showing how it's achievable,\" Poon said.\n\nBut now, with Plasma, he believes there is.\n\nBaby blockchains\n\nThe short version of the scalability problem is this: To check ethereum's history, users need to keep a copy of the entire blockchain, their own complete record of the history of transactions and computations. But, a \"world computer\" would need a huge trove of data, one most users clearly wouldn't be able to store on devices today.\n\nAs such, ethereum and other public blockchains are looking for ways to reduce the amount of data that's stored directly on the chain.\n\nPlasma looks to accomplish this through the use of many, baby blockchains.\n\nThe system connects \"child\" blockchains to the \"main\" blockchain with something called \"fraud proofs.\" It's similar to the Lightning Network, an idea Poon put forth a couple years ago for bitcoin, in that it's a top-layer interacting with a core blockchain below.\n\nWhile the Lightning Network was limited to work strictly for payments, Plasma extends the idea to more complex computations, like ethereum smart contracts.\n\nhttps://www.coindesk.com/ethereum-lightning-buterin-poon-unveil-plasma-scaling-plan/",
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      "body": "![image](https://img.esteem.ws/vncsrf1maz.jpg)\n\nAfrica and its banking sector have always had its issues. Infrastructure for brick and mortar banks struggle due to the remote nature of the continent, but mass adoption of cryptocurrency could see many marginalized people empowered through digital currency.\n\nCryptocurrency is being hailed in the developed world as the next step in money, but it is locked in a fight with a well established and powerful financial sector. In the developing world, however, that sector is broken and ripe for mutiny.\n\nLeapfrogging the obsolete\nTraditional banking sectors have been implemented across the African continent in the same mould as in the developed European banks due to colonization. However, Africa’s infrastructure and inner workings do not make this system efficient in any way.\n\nThus, banks have been forced upon Africans as a necessity; however, they are difficult to use and unsuited to the continent.\n\nThis leapfrogging of technology has happened before in Africa as many citizens of the continent simply skipped the part of owning a landline as they were cumbersome, expensive and difficult to set up in rural areas. Mobile phones suited Africa much more, as would cryptocurrencies.\n\nThe signs are there\nAfrica’s Bitcoin and cryptocurrency market in general is slowly taking root. South Africa’s finance minister has said the country will take a balanced approach to the currency as many use it as a store of wealth.\n\nAdditionally, Nigeria is breaking boundaries with its volume of Bitcoin traded while many think that the Ethereum Blockchain can help different sectors of the country's economy.\n\nThe benefit of African exchanges and cryptocurrency businesses are being noted, especially when it comes to cross border trade and payment. Additionally, since the uptick in mobile phones, the Internet and telecommunication infrastructure is very advanced across the continents - far more advanced and accessible than banking.\n\nhttps://cointelegraph.com/news/cryptocurrency-can-leapfrog-africa-into-future",
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      "permlink": "re-captaincoin-how-cryptocurrencies-like-bitcoin-work-2017813t7140379z-2017813t21553573z",
      "title": "",
      "body": "Great post ",
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      "body": "Bitcoin and other alt coins to the moon! However I do believe we are overdue for a little correction so beware of that but don't freak out.....it will keep pushing onward and upward! Upvoted and followed",
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      "parent_permlink": "cryptocurrency",
      "author": "captaincoin",
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      "title": "How cryptocurrencies like bitcoin work",
      "body": "![image](https://img.esteem.ws/uszrj9y1bs.jpg)\n\nImagine you had money which wasn’t kept in a bank, wasn’t controlled by the government, which you could use anonymously, and which you will never hold.\nWould you be willing to use it?\nSeveral Internet users already do, so much so that the most popular cryptocurrency, bitcoin, has shot up in value from a few cents in 2009 to $4,114 as of this writing.\n\nWhile cryptocurrencies like bitcoin seems like an alien concept to many, it’s patterned after how any other currency works. It has a real-world value and this value increases or decreases depending on the market.\nJames Florentino and Joseph Ross Lee of web development company Merge Commit believes Filipinos can benefit from using it, whether it be in everyday transactions for both the public and private sector.\nThey share that Filipinos already use it to receive payment from foreign employers while working in the Philippines, especially if you are in the tech industry; to make remittances, or in gambling.\nRead on for a quick background on cryptocurrencies, and why they may be the currency of the future.\n\nRead more: http://technology.inquirer.net/65959/cryptocurrencies-like-bitcoin-work#ixzz4pdyMeaJI \nFollow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://steemit.com/cryptocurrency/@yogesh121/usd126-billion-dollar-market-cap-cryptocurrency",
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      "permlink": "usd126-billion-the-cryptocurrency-market-2017812t72219162z",
      "title": "$126 Billion: The Cryptocurrency Market",
      "body": "The total value of all cryptocurrencies set a new all-time high today, rising above $126 billion for the first time in history, according to data from CoinMarketCap.\n\nThe new benchmark was set at 8:00 UTC and comes just four days after the crypto asset class set a previous record above $116 billion.\n\nAt press time, the price increase appears to be driven by a new influx of capital into bitcoin, the markets oldest and perhaps best understood asset. Over the last seven days, the value of one bitcoin is up more than 20%, rising to over $3,500 from $2,854 last Friday.\n\nDuring that time, the total value of its coin supply also rose, climbing in value to $57 billion from $47 billion a week ago.\n\nStrong gains have also been seen in the top-10 cryptocurrencies by market cap.\n\nNeo (formerly Antshares), a well-publicized project out of China saw its market capitalization pass $1 billion for the first time. Over the past seven days, it has seen its market capitalization rise to $1.7 billion, up from $550 million, as its price per coin climbed to $34, up from roughly $10 seven days ago.\n\nElsewhere, IOTA also rose to $1.7 billion, up from $1.1 billion, while ether, the native cryptocurrency on the ethereum blockchain, increased its total market cap to $28 billion, up from $21 billion a week ago.\n\nBut that's not to say all cryptocurrencies have seen such big movements during the period.",
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      "permlink": "alzheimer-s-disease-could-be-reversed-using-led-lights-2017810t55744398z",
      "title": "Alzheimer's disease could be reversed using LED lights",
      "body": "![image](https://img.esteem.ws/gtkrbepnak.jpg)\n\nSymptoms of Alzheimer's affecting patient's memories could be reversed, new research from MIT indicates.\n\nIt might be possible to break down the genetic blockades inside the brain which cause memory loss from Alzheimer's, a study published in Cell Reports suggests. So far, the theory has only been tested on mice but lead author Li-Huei Tsai is hopeful that eventually, it could be successful in reversing the symptom in humans.\n\nMemory loss is a form of cognitive decline which occurs when the enzyme HCAC2 compresses the brain's memory genes until they are rendered useless which, in turn, leads to forgetfulness and difficulty forming memories.\n\nWhilst the obvious solution is to simply block HCAC2 in action, doing so has proven difficult without impacting other HDAC enzymes, which affect the internal organs.\n\nMIT's approach differs in that it exclusively affects HCAC2, leaving other enzymes undisturbed, something which has not yet been achieved.",
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