Ecoer Logo
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS0.00%
Net Worth
0.007USD
STEEM
0.000STEEM
SBD
0.000SBD
Effective Power
5.001SP
├── Own SP
0.124SP
└── Incoming Deleg
+4.877SP

Detailed Balance

STEEM
balance
0.000STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
0.124SP
Delegated Out
0.000SP
Delegation In
4.877SP
Effective Power
5.001SP
Reward SP (pending)
0.000SP
SBD
sbd_balance
0.000SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.000SBD
{
  "balance": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "reward_steem_balance": "0.000 STEEM",
  "vesting_shares": "202.722393 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "7940.937413 VESTS",
  "sbd_balance": "0.000 SBD",
  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.000 SBD",
  "conversions": []
}

Account Info

nameericgaric
id1081356
rank1,290,240
reputation124660276
created2018-07-27T11:11:21
recovery_accountsteem
proxyNone
post_count2
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2018-08-02T21:09:51
last_root_post2018-08-02T21:09:51
last_vote_time2018-08-02T21:12:24
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power0
delayed_votes0
balance0.000 STEEM
savings_balance0.000 STEEM
sbd_balance0.000 SBD
savings_sbd_balance0.000 SBD
vesting_shares202.722393 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares7940.937413 VESTS
reward_vesting_balance0.000000 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_update1970-01-01T00:00:00
minedNo
sbd_seconds0
sbd_last_interest_payment1970-01-01T00:00:00
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
  "id": 1081356,
  "name": "ericgaric",
  "owner": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM6bKxTvHwjuTQbXSZMJguTic8KMbmJKoZTScnkH7ADSBnZppnEb",
        1
      ]
    ]
  },
  "active": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM8ifh93xi2TQUqEbp1M7ttrcAnnqKXt4P4FzQpv16jVCUDUjsi5",
        1
      ]
    ]
  },
  "posting": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM824ARtwvVSDN9Sf31rH4YVzXiJyBCFMMZzBVrxBsMQ45SThPjP",
        1
      ]
    ]
  },
  "memo_key": "STM6vK38So7HEGAsf95sBt79TbfZ1pAZQ52rG5CQbajKxLrbFPJjG",
  "json_metadata": "{}",
  "posting_json_metadata": "",
  "proxy": "",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_account_update": "1970-01-01T00:00:00",
  "created": "2018-07-27T11:11:21",
  "mined": false,
  "recovery_account": "steem",
  "last_account_recovery": "1970-01-01T00:00:00",
  "reset_account": "null",
  "comment_count": 0,
  "lifetime_vote_count": 0,
  "post_count": 2,
  "can_vote": true,
  "voting_manabar": {
    "current_mana": "8143659806",
    "last_update_time": 1779062547
  },
  "downvote_manabar": {
    "current_mana": 2035914951,
    "last_update_time": 1779062547
  },
  "voting_power": 0,
  "balance": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "sbd_balance": "0.000 SBD",
  "sbd_seconds": "0",
  "sbd_seconds_last_update": "1970-01-01T00:00:00",
  "sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_sbd_balance": "0.000 SBD",
  "savings_sbd_seconds": "0",
  "savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
  "savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_withdraw_requests": 0,
  "reward_sbd_balance": "0.000 SBD",
  "reward_steem_balance": "0.000 STEEM",
  "reward_vesting_balance": "0.000000 VESTS",
  "reward_vesting_steem": "0.000 STEEM",
  "vesting_shares": "202.722393 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "7940.937413 VESTS",
  "vesting_withdraw_rate": "0.000000 VESTS",
  "next_vesting_withdrawal": "1969-12-31T23:59:59",
  "withdrawn": 0,
  "to_withdraw": 0,
  "withdraw_routes": 0,
  "curation_rewards": 0,
  "posting_rewards": 0,
  "proxied_vsf_votes": [
    0,
    0,
    0,
    0
  ],
  "witnesses_voted_for": 0,
  "last_post": "2018-08-02T21:09:51",
  "last_root_post": "2018-08-02T21:09:51",
  "last_vote_time": "2018-08-02T21:12:24",
  "post_bandwidth": 0,
  "pending_claimed_accounts": 0,
  "vesting_balance": "0.000 STEEM",
  "reputation": 124660276,
  "transfer_history": [],
  "market_history": [],
  "post_history": [],
  "vote_history": [],
  "other_history": [],
  "witness_votes": [],
  "tags_usage": [],
  "guest_bloggers": [],
  "rank": 1290240
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
steemdelegated 4.877 SP to @ericgaric
2026/05/18 00:02:27
delegatorsteem
delegateeericgaric
vesting shares7940.937413 VESTS
Transaction InfoBlock #106143195/Trx cbf1136f47c89238bde207f3e3cfd59ed93dea74
View Raw JSON Data
{
  "trx_id": "cbf1136f47c89238bde207f3e3cfd59ed93dea74",
  "block": 106143195,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T00:02:27",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "7940.937413 VESTS"
    }
  ]
}
steemdelegated 3.211 SP to @ericgaric
2026/05/12 02:58:21
delegatorsteem
delegateeericgaric
vesting shares5228.727008 VESTS
Transaction InfoBlock #105974670/Trx ad0e77376705b5655c696f96a21c0ac43f7e480b
View Raw JSON Data
{
  "trx_id": "ad0e77376705b5655c696f96a21c0ac43f7e480b",
  "block": 105974670,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-12T02:58:21",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "5228.727008 VESTS"
    }
  ]
}
steemdelegated 4.884 SP to @ericgaric
2026/04/25 23:23:42
delegatorsteem
delegateeericgaric
vesting shares7953.453169 VESTS
Transaction InfoBlock #105510852/Trx 16fde6129d323f1d48d973fe62713d10d277d3ac
View Raw JSON Data
{
  "trx_id": "16fde6129d323f1d48d973fe62713d10d277d3ac",
  "block": 105510852,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-04-25T23:23:42",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "7953.453169 VESTS"
    }
  ]
}
steemdelegated 3.237 SP to @ericgaric
2026/01/23 07:13:18
delegatorsteem
delegateeericgaric
vesting shares5270.273827 VESTS
Transaction InfoBlock #102851114/Trx bdc713bf90a923cb5eb21f0b80c1ef030688d876
View Raw JSON Data
{
  "trx_id": "bdc713bf90a923cb5eb21f0b80c1ef030688d876",
  "block": 102851114,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-01-23T07:13:18",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "5270.273827 VESTS"
    }
  ]
}
steemdelegated 3.337 SP to @ericgaric
2024/12/17 02:33:00
delegatorsteem
delegateeericgaric
vesting shares5434.493024 VESTS
Transaction InfoBlock #91297536/Trx 60e33b91273e94650bd86ac47f0f472f42b8c1ee
View Raw JSON Data
{
  "trx_id": "60e33b91273e94650bd86ac47f0f472f42b8c1ee",
  "block": 91297536,
  "trx_in_block": 15,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2024-12-17T02:33:00",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "5434.493024 VESTS"
    }
  ]
}
steemdelegated 3.441 SP to @ericgaric
2023/11/13 18:15:33
delegatorsteem
delegateeericgaric
vesting shares5603.626556 VESTS
Transaction InfoBlock #79851734/Trx ef9dfe0b97a46a7ed0e5bc9a2c6629f2bff3d185
View Raw JSON Data
{
  "trx_id": "ef9dfe0b97a46a7ed0e5bc9a2c6629f2bff3d185",
  "block": 79851734,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2023-11-13T18:15:33",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "5603.626556 VESTS"
    }
  ]
}
steemdelegated 5.245 SP to @ericgaric
2023/09/21 21:34:30
delegatorsteem
delegateeericgaric
vesting shares8540.905342 VESTS
Transaction InfoBlock #78347522/Trx 40fe7c5c03dd84f02295c0fa77342bfadaa949b3
View Raw JSON Data
{
  "trx_id": "40fe7c5c03dd84f02295c0fa77342bfadaa949b3",
  "block": 78347522,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2023-09-21T21:34:30",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "8540.905342 VESTS"
    }
  ]
}
steemdelegated 5.381 SP to @ericgaric
2022/11/03 11:24:30
delegatorsteem
delegateeericgaric
vesting shares8762.586780 VESTS
Transaction InfoBlock #69112909/Trx 27a7ddb1ded72a17dd4ba07a2fd05290915f3d57
View Raw JSON Data
{
  "trx_id": "27a7ddb1ded72a17dd4ba07a2fd05290915f3d57",
  "block": 69112909,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-11-03T11:24:30",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "8762.586780 VESTS"
    }
  ]
}
steemdelegated 5.517 SP to @ericgaric
2022/01/17 10:41:54
delegatorsteem
delegateeericgaric
vesting shares8983.120011 VESTS
Transaction InfoBlock #60809104/Trx 1b802320949806f36c570751e9d821ba88289b2b
View Raw JSON Data
{
  "trx_id": "1b802320949806f36c570751e9d821ba88289b2b",
  "block": 60809104,
  "trx_in_block": 72,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-01-17T10:41:54",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "8983.120011 VESTS"
    }
  ]
}
steemdelegated 5.630 SP to @ericgaric
2021/06/14 00:37:42
delegatorsteem
delegateeericgaric
vesting shares9166.888669 VESTS
Transaction InfoBlock #54607503/Trx bf1dba32318d136423f0eacf288a9e7a715813d9
View Raw JSON Data
{
  "trx_id": "bf1dba32318d136423f0eacf288a9e7a715813d9",
  "block": 54607503,
  "trx_in_block": 8,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-06-14T00:37:42",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "9166.888669 VESTS"
    }
  ]
}
steemdelegated 5.745 SP to @ericgaric
2020/12/11 10:56:51
delegatorsteem
delegateeericgaric
vesting shares9354.310643 VESTS
Transaction InfoBlock #49354970/Trx e33db583342f950c0c158bad691db27af002d634
View Raw JSON Data
{
  "trx_id": "e33db583342f950c0c158bad691db27af002d634",
  "block": 49354970,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-11T10:56:51",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "9354.310643 VESTS"
    }
  ]
}
steemdelegated 1.175 SP to @ericgaric
2020/12/06 04:34:09
delegatorsteem
delegateeericgaric
vesting shares1912.543513 VESTS
Transaction InfoBlock #49206536/Trx 7169ed56dc312387070842687b223adf58eb9d99
View Raw JSON Data
{
  "trx_id": "7169ed56dc312387070842687b223adf58eb9d99",
  "block": 49206536,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-06T04:34:09",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "1912.543513 VESTS"
    }
  ]
}
steemdelegated 5.748 SP to @ericgaric
2020/12/05 14:35:03
delegatorsteem
delegateeericgaric
vesting shares9360.518497 VESTS
Transaction InfoBlock #49190069/Trx aaac437b9c8e78c383e51f5bbdf85015895b9b5b
View Raw JSON Data
{
  "trx_id": "aaac437b9c8e78c383e51f5bbdf85015895b9b5b",
  "block": 49190069,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-05T14:35:03",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "9360.518497 VESTS"
    }
  ]
}
steemdelegated 1.179 SP to @ericgaric
2020/11/02 15:11:42
delegatorsteem
delegateeericgaric
vesting shares1920.017158 VESTS
Transaction InfoBlock #48257276/Trx f45c950ffbecb97e2dfb45644a0ecd40a9677f91
View Raw JSON Data
{
  "trx_id": "f45c950ffbecb97e2dfb45644a0ecd40a9677f91",
  "block": 48257276,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-11-02T15:11:42",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "1920.017158 VESTS"
    }
  ]
}
steemdelegated 5.873 SP to @ericgaric
2020/05/09 05:31:15
delegatorsteem
delegateeericgaric
vesting shares9563.323856 VESTS
Transaction InfoBlock #43216780/Trx 6f502b8aa441d1376faa4503749693de6d07b76e
View Raw JSON Data
{
  "trx_id": "6f502b8aa441d1376faa4503749693de6d07b76e",
  "block": 43216780,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-05-09T05:31:15",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "9563.323856 VESTS"
    }
  ]
}
steemdelegated 1.200 SP to @ericgaric
2020/05/08 09:05:30
delegatorsteem
delegateeericgaric
vesting shares1953.311140 VESTS
Transaction InfoBlock #43192841/Trx f75db32b9089a7351f986a4ee49a38847e7a8061
View Raw JSON Data
{
  "trx_id": "f75db32b9089a7351f986a4ee49a38847e7a8061",
  "block": 43192841,
  "trx_in_block": 12,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-05-08T09:05:30",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "1953.311140 VESTS"
    }
  ]
}
steemdelegated 5.938 SP to @ericgaric
2019/11/01 07:34:12
delegatorsteem
delegateeericgaric
vesting shares9669.722939 VESTS
Transaction InfoBlock #37787866/Trx 8ccd8ae1e012bf6be26d84e907c15e7a02a87360
View Raw JSON Data
{
  "trx_id": "8ccd8ae1e012bf6be26d84e907c15e7a02a87360",
  "block": 37787866,
  "trx_in_block": 15,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2019-11-01T07:34:12",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "9669.722939 VESTS"
    }
  ]
}
2019/07/27 12:30:00
parent authorericgaric
parent permlinkthe-red-moon
authorsteemitboard
permlinksteemitboard-notify-ericgaric-20190727t122959000z
title
bodyCongratulations @ericgaric! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@ericgaric/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@ericgaric) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=ericgaric)_</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"]}
Transaction InfoBlock #35028425/Trx e891ac250f9d0ccba91ef74a3eaaf8429d2f56fa
View Raw JSON Data
{
  "trx_id": "e891ac250f9d0ccba91ef74a3eaaf8429d2f56fa",
  "block": 35028425,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2019-07-27T12:30:00",
  "op": [
    "comment",
    {
      "parent_author": "ericgaric",
      "parent_permlink": "the-red-moon",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-ericgaric-20190727t122959000z",
      "title": "",
      "body": "Congratulations @ericgaric! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@ericgaric/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@ericgaric) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=ericgaric)_</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\"]}"
    }
  ]
}
steemdelegated 6.060 SP to @ericgaric
2018/11/26 17:25:42
delegatorsteem
delegateeericgaric
vesting shares9867.198316 VESTS
Transaction InfoBlock #28043855/Trx 35a9022d91d88fd35c5379f629db129288d02b0f
View Raw JSON Data
{
  "trx_id": "35a9022d91d88fd35c5379f629db129288d02b0f",
  "block": 28043855,
  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-11-26T17:25:42",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "ericgaric",
      "vesting_shares": "9867.198316 VESTS"
    }
  ]
}
2018/08/03 09:51:21
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"kevinwong","what":["blog"]}]
Transaction InfoBlock #24740463/Trx aea4df92d7b02a4f69cebd9e2b0fc343886d58c5
View Raw JSON Data
{
  "trx_id": "aea4df92d7b02a4f69cebd9e2b0fc343886d58c5",
  "block": 24740463,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:51:21",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"kevinwong\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:51:15
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"avtzis.petros","what":["blog"]}]
Transaction InfoBlock #24740461/Trx 8f803112fc871d38d8bd089096ae59b28e4c4c56
View Raw JSON Data
{
  "trx_id": "8f803112fc871d38d8bd089096ae59b28e4c4c56",
  "block": 24740461,
  "trx_in_block": 30,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:51:15",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"avtzis.petros\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:51:12
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"arconite","what":["blog"]}]
Transaction InfoBlock #24740460/Trx f0b1b14f653fbfd76abacdccdbcfc1ad275e6697
View Raw JSON Data
{
  "trx_id": "f0b1b14f653fbfd76abacdccdbcfc1ad275e6697",
  "block": 24740460,
  "trx_in_block": 25,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:51:12",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"arconite\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:51:06
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"anyx","what":["blog"]}]
Transaction InfoBlock #24740458/Trx 6d83ac988db3722808ecdf3e9075bce3b72fc82a
View Raw JSON Data
{
  "trx_id": "6d83ac988db3722808ecdf3e9075bce3b72fc82a",
  "block": 24740458,
  "trx_in_block": 19,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:51:06",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"anyx\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:51:03
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"arcange","what":["blog"]}]
Transaction InfoBlock #24740457/Trx 79c35d76f064c4573be9fbd839813ec56c11a1c6
View Raw JSON Data
{
  "trx_id": "79c35d76f064c4573be9fbd839813ec56c11a1c6",
  "block": 24740457,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:51:03",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"arcange\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:50:54
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"andrwooi","what":["blog"]}]
Transaction InfoBlock #24740454/Trx 23bb47f26ab74a7dca845c8fe1cdcfa964ce427c
View Raw JSON Data
{
  "trx_id": "23bb47f26ab74a7dca845c8fe1cdcfa964ce427c",
  "block": 24740454,
  "trx_in_block": 28,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:50:54",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"andrwooi\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:50:39
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"anarchyhasnogods","what":["blog"]}]
Transaction InfoBlock #24740449/Trx 5be2da8d77887f24cdc3a3c89df510879616fee5
View Raw JSON Data
{
  "trx_id": "5be2da8d77887f24cdc3a3c89df510879616fee5",
  "block": 24740449,
  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:50:39",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"anarchyhasnogods\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:50:36
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"andrarchy","what":["blog"]}]
Transaction InfoBlock #24740448/Trx 374664f77cb5e01637520b7439c7127049ee4ab4
View Raw JSON Data
{
  "trx_id": "374664f77cb5e01637520b7439c7127049ee4ab4",
  "block": 24740448,
  "trx_in_block": 29,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:50:36",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"andrarchy\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:50:24
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"alexbeyman","what":["blog"]}]
Transaction InfoBlock #24740444/Trx 1752f4521fc8d42d28cd840970c56f8b75ffa3f5
View Raw JSON Data
{
  "trx_id": "1752f4521fc8d42d28cd840970c56f8b75ffa3f5",
  "block": 24740444,
  "trx_in_block": 14,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:50:24",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"alexbeyman\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:50:18
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"aldentan","what":["blog"]}]
Transaction InfoBlock #24740442/Trx 5cbea1b4906ec90b607bbf6b698ab9d1bc76efb1
View Raw JSON Data
{
  "trx_id": "5cbea1b4906ec90b607bbf6b698ab9d1bc76efb1",
  "block": 24740442,
  "trx_in_block": 15,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:50:18",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"aldentan\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:50:06
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"alcibiades","what":["blog"]}]
Transaction InfoBlock #24740438/Trx d58653eb6b841feb5a98e0518689ef360a854c72
View Raw JSON Data
{
  "trx_id": "d58653eb6b841feb5a98e0518689ef360a854c72",
  "block": 24740438,
  "trx_in_block": 15,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:50:06",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"alcibiades\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:50:00
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"aksinya","what":["blog"]}]
Transaction InfoBlock #24740436/Trx 9975453c0dc536c892b2292ce57cf9c302e78af2
View Raw JSON Data
{
  "trx_id": "9975453c0dc536c892b2292ce57cf9c302e78af2",
  "block": 24740436,
  "trx_in_block": 14,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:50:00",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"aksinya\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:49:54
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"aiqabrago","what":["blog"]}]
Transaction InfoBlock #24740434/Trx b57aa6afcdd7a80f07cc2f3325ce4e02dbd76c77
View Raw JSON Data
{
  "trx_id": "b57aa6afcdd7a80f07cc2f3325ce4e02dbd76c77",
  "block": 24740434,
  "trx_in_block": 32,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:49:54",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"aiqabrago\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:49:51
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"acidzapps","what":["blog"]}]
Transaction InfoBlock #24740433/Trx 2d1bdec9c6e1b1c022897011d2c6e50bed1bca4d
View Raw JSON Data
{
  "trx_id": "2d1bdec9c6e1b1c022897011d2c6e50bed1bca4d",
  "block": 24740433,
  "trx_in_block": 44,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:49:51",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"acidzapps\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:49:42
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"acidyo","what":["blog"]}]
Transaction InfoBlock #24740430/Trx 95420b4a13a1dac7597690419329eba471f0fc49
View Raw JSON Data
{
  "trx_id": "95420b4a13a1dac7597690419329eba471f0fc49",
  "block": 24740430,
  "trx_in_block": 38,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:49:42",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"acidyo\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:49:39
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"ace108","what":["blog"]}]
Transaction InfoBlock #24740429/Trx 147020c7cac4d1c114ace74173f7262444dd18c0
View Raw JSON Data
{
  "trx_id": "147020c7cac4d1c114ace74173f7262444dd18c0",
  "block": 24740429,
  "trx_in_block": 19,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:49:39",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"ace108\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:49:36
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"abh12345","what":["blog"]}]
Transaction InfoBlock #24740428/Trx 14194391b1139293cdbcdc8ef72cc2cdca6c24dd
View Raw JSON Data
{
  "trx_id": "14194391b1139293cdbcdc8ef72cc2cdca6c24dd",
  "block": 24740428,
  "trx_in_block": 8,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:49:36",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"abh12345\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/03 09:49:30
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"aaronleang","what":["blog"]}]
Transaction InfoBlock #24740426/Trx f1b70f0becba55ae45e36722bf403fdebc3d47a1
View Raw JSON Data
{
  "trx_id": "f1b70f0becba55ae45e36722bf403fdebc3d47a1",
  "block": 24740426,
  "trx_in_block": 26,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-03T09:49:30",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"aaronleang\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/02 21:22:30
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"danila89","what":["blog"]}]
Transaction InfoBlock #24725491/Trx b9c4acafe3d4b5b7813656fb7980bac047ece172
View Raw JSON Data
{
  "trx_id": "b9c4acafe3d4b5b7813656fb7980bac047ece172",
  "block": 24725491,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-02T21:22:30",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"danila89\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/02 21:22:27
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"elik","what":["blog"]}]
Transaction InfoBlock #24725490/Trx 6dc6241cf0568f22782e1b6aae662008dac730cf
View Raw JSON Data
{
  "trx_id": "6dc6241cf0568f22782e1b6aae662008dac730cf",
  "block": 24725490,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-02T21:22:27",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"elik\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/02 21:22:21
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"cryptoa","what":["blog"]}]
Transaction InfoBlock #24725488/Trx 42c9a986b3fa4526769c4b982330a9b3a3e41ce7
View Raw JSON Data
{
  "trx_id": "42c9a986b3fa4526769c4b982330a9b3a3e41ce7",
  "block": 24725488,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-02T21:22:21",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"cryptoa\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/02 21:22:15
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"chrisee","what":["blog"]}]
Transaction InfoBlock #24725486/Trx 961af6a5e6710a279103f6be6f0b552f5e38018d
View Raw JSON Data
{
  "trx_id": "961af6a5e6710a279103f6be6f0b552f5e38018d",
  "block": 24725486,
  "trx_in_block": 13,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-02T21:22:15",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"chrisee\",\"what\":[\"blog\"]}]"
    }
  ]
}
ericgaricfollowed @ax3
2018/08/02 21:22:09
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"ax3","what":["blog"]}]
Transaction InfoBlock #24725484/Trx 3985600ff3e2cbd3b768f2aae465d1cc9022f918
View Raw JSON Data
{
  "trx_id": "3985600ff3e2cbd3b768f2aae465d1cc9022f918",
  "block": 24725484,
  "trx_in_block": 15,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-02T21:22:09",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"ax3\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/02 21:21:42
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"ara.miss","what":["blog"]}]
Transaction InfoBlock #24725475/Trx 9a610af1b7dcdf85754438114bf2e9a437940fca
View Raw JSON Data
{
  "trx_id": "9a610af1b7dcdf85754438114bf2e9a437940fca",
  "block": 24725475,
  "trx_in_block": 50,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-02T21:21:42",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"ara.miss\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/02 21:21:42
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"ama.rain","what":["blog"]}]
Transaction InfoBlock #24725475/Trx 8cc988905bd7073a14a93821d724cdc90c000c8c
View Raw JSON Data
{
  "trx_id": "8cc988905bd7073a14a93821d724cdc90c000c8c",
  "block": 24725475,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-08-02T21:21:42",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "ericgaric"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"ericgaric\",\"following\":\"ama.rain\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/08/02 21:21:39
required auths[]
required posting auths["ericgaric"]
idfollow
json["follow",{"follower":"ericgaric","following":"all.cars","what":["blog"]}]
Transaction InfoBlock #24725474/Trx 72b333baab881e03b58324aaebdacc5c6f9c89d2
View Raw JSON Data
{
  "trx_id": "72b333baab881e03b58324aaebdacc5c6f9c89d2",
  "block": 24725474,
  "trx_in_block": 21,
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2018/08/02 21:21:24
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2018/08/02 21:21:24
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2018/08/02 21:21:21
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ericgaricupvoted (100.00%) @ericgaric / the-red-moon
2018/08/02 21:12:24
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liquifireupvoted (100.00%) @ericgaric / the-red-moon
2018/08/02 21:11:06
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ericgaricpublished a new post: the-red-moon
2018/08/02 21:09:51
parent author
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authorericgaric
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2018/07/31 06:59:06
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2018/07/31 06:59:03
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2018/07/30 07:55:51
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2018/07/30 07:55:21
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ericgariccustom json: follow
2018/07/30 07:54:30
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2018/07/30 07:49:36
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2018/07/30 07:47:18
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2018/07/30 02:52:54
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2018/07/30 01:50:12
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body✅ @ericgaric, I gave you an upvote on your post! **Please give me a follow** and I will give you a follow in return and possible future votes!<br><br>Thank you in advance!
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2018/07/30 01:50:09
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2018/07/30 01:25:54
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2018/07/30 01:25:45
parent author
parent permlinkbitcoin
authorericgaric
permlinka-field-guide-to-the-hurdles-facing-blockchain-adoption
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2018/07/30 01:25:18
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2018/07/30 01:25:09
parent author
parent permlinkbitcoin
authorericgaric
permlinka-field-guide-to-the-hurdles-facing-blockchain-adoption
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2018/07/30 01:22:36
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2018/07/30 01:20:15
parent authorericgaric
parent permlinka-field-guide-to-the-hurdles-facing-blockchain-adoption
authorcheetah
permlinkcheetah-re-ericgarica-field-guide-to-the-hurdles-facing-blockchain-adoption
title
bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://www.nytimes.com/2018/06/27/business/dealbook/-blockchain-adoption-faces-hurdles.html
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2018/07/30 01:20:12
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2018/07/30 01:20:12
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2018/07/30 01:20:03
parent author
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authorericgaric
permlinka-field-guide-to-the-hurdles-facing-blockchain-adoption
titleA Field Guide to the Hurdles Facing Blockchain Adoption
bodyBlockchains mean a lot of different things to a lot of different people. For Bitcoin fanatics, the original blockchain was a way to create a currency that could circumvent and eventually supersede central banks. For central banks, the blockchain has become a promising way to record their own currencies in an effort to retain their dominant place in society. For some cryptocurrencies, like Monero and Zcash, the blockchain is a way to ensure total privacy and anonymity. For others it is a way to make anonymity a thing of the past in financial transactions.Beneath all these conflicting goals, the blockchain is just a new way to record data, generally in a communal fashion, with a bunch of people keeping the records, rather than just one central institution like a bank or government. This basic idea, though, can be configured in countless different ways. And companies, start-ups and governments around the world have been engaged in what sometimes looks like a race to try out as many applications as possible, with billions of dollars chasing the promise.What has not become clear, so far, is whether the blockchain design will really be able to accomplish any of the big promises that have been made for it. Essentially every big category of project in the blockchain realm has run up against obstacles that have so far barred the way to real breakout success. That has led to a big decline in the price of many blockchain-based cryptocurrencies over the last six months — the price of Bitcoin is down nearly two-thirds from the peak in December.But while we don’t yet know if blockchains will really work in the long run, we are starting to understand the problems they will have to overcome if they want to have a chance at working.The blockchain we know the most about is the original one, linked to Bitcoin. In a simple sense, this blockchain has been a resounding success. Since it began recording every Bitcoin transaction in 2009, the Bitcoin blockchain has more or less seamlessly kept the records of a currency that is now worth over $100 billion — and with no institution or person in charge. But Bitcoin has so far failed at its goal of becoming a new kind of digital cash, which was the ambition described in the original documentation. So far, almost the only thing Bitcoin has been used for is a speculative commodity, like a digital gold, with lots of trading on the price. (The one place where Bitcoin has been used for regular real transactions is in the black markets.)There are many reasons Bitcoin has not been more useful so far. The monetary policy and economics of Bitcoin — with only 21 million of the coins ever created — are a particularly fascinating question mark hanging over the project. As are the security issues that arise when every holder is responsible for keeping their own password, or private key. But no problem has been more immediately stubborn than the limits on how many transactions the Bitcoin blockchain can handle. It turns out that when a whole bunch of people are keeping the records for something — as the blockchain design requires — there are limits on how many transactions all those computers can share and store in a set amount of time. This issue — the so-called scaling problem — is now something that confronts essentially every major cryptocurrency out there. While Bitcoin can handle only around seven or so transactions each second, the second most valuable network, Ethereum, can do only double that, and none of them are getting close to the 50,000 a second that Visa manages. Developers working on Bitcoin and Ethereum have been building several different solutions that might address this. Most of them involve adding new databases, with more capacity, on top of the ground level blockchain ledgers. So far, though, it’s not clear if these can work without introducing new problems or sacrificing the qualities that attracted followers to these projects in the first place.Ethereum, and a bunch of other valuable cryptocurrencies that have been inspired by it, have a separate set of problems that they will have to figure out. The creator of Ethereum, Vitalik Buterin, wanted to build a system that would house a virtual currency like Bitcoin, but with the added ability to create programs, directly on the blockchain, that could make some of the currency’s movements automatic. In the simplest type of transaction, the Ethereum blockchain will record money moving between wallets (which are like individual accounts) only in response to a particular event. In one simple type of transaction, for example, money would move between wallets only if a specific team won the World Series. These so-called smart contracts inside Ethereum are now being copied by many other projects. Ethereum, though, has been dogged by new complexities that smart contracts have introduced into an already fiendishly complicated system. Ethereum smart contracts have been hacked and rigged in unexpected ways that have allowed for multiple thefts of tens of millions of dollars. That is a small minority of all the transactions, but it makes many people worry about whether blockchain smart contracts have, in the language of hackers, created too great a surface area for attack. Some worry that these sorts of smart contracts are just not the sort of thing that a shared database is equipped to handle.Many of the problems facing cryptocurrencies like Bitcoin and Ethereum arise from the fact that these systems are open to anyone with internet access. Anyone can go online and create a wallet and begin helping to keep all the records for these systems that run on so-called public blockchains. That creates a security headache that cryptocurrencies were designed to deal with, but that never goes away. What do you do when North Korea, or some other actor under sanctions, starts moving money on the system? That kind of question has led most newcomers to the blockchain world — many of them from the corporate and government worlds — to take an interest in newer kinds of blockchain databases that aren’t as open. The world of private or permissioned blockchains has taken off over the last two years, with projects like Hyperledger and the Enterprise Ethereum Alliance getting a lot of attention (the latter is working on private versions of the Ethereum software). These systems have fewer people keeping track of any given blockchain. That makes it easier to scale up these systems to handle lots of transactions, because there are fewer computers that have to communicate. It also can make it easier to bar bad actors from getting access to the system because only people with permission have access to it.Companies like IBM and Walmart have said that blockchains, even when they are open only to a select number of people, still can produce more reliable records of information — that everyone can access at any time — than the old systems that relied on a central bookkeeper. But fans of Bitcoin and other so-called public blockchain systems have mocked these projects. The often-heard criticism is that a blockchain that is being maintained by only a few institutions is less at risk of an attack from the outside but much more at risk if one of the institutions on the inside is compromised, allowing one of the participants to fudge the old records. These private blockchains can lose the resilience to attack that is part of what made blockchains so attractive in the first place. For now, private blockchains are too new to have gone through the security gantlet that Bitcoin has already passed through. Many private blockchain projects have been tested in pilots — but almost none have entered into real commercial production. As private blockchains begin to be used daily to track supply chains or copyrights, the other big question is whether they will be economically attractive enough to persuade companies to replace their old database systems — with one person in charge — with the inefficiencies that come with multiple people keeping records.But the Bitcoin blockchain faced much more significant questions when it began — like why would any serious person pay attention to some digital tokens that are worth nothing more than the ledger they are written on. Now there are lots of serious people paying attention to Bitcoin and everything that has spun out from it — the latest blockchain research center is about to be opened by professors at Stanford University. All those serious people make solving problems a lot easier.
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In a simple sense, this blockchain has been a resounding success. Since it began recording every Bitcoin transaction in 2009, the Bitcoin blockchain has more or less seamlessly kept the records of a currency that is now worth over $100 billion — and with no institution or person in charge.\n\nBut Bitcoin has so far failed at its goal of becoming a new kind of digital cash, which was the ambition described in the original documentation. So far, almost the only thing Bitcoin has been used for is a speculative commodity, like a digital gold, with lots of trading on the price. (The one place where Bitcoin has been used for regular real transactions is in the black markets.)There are many reasons Bitcoin has not been more useful so far. The monetary policy and economics of Bitcoin — with only 21 million of the coins ever created — are a particularly fascinating question mark hanging over the project. 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Most of them involve adding new databases, with more capacity, on top of the ground level blockchain ledgers. So far, though, it’s not clear if these can work without introducing new problems or sacrificing the qualities that attracted followers to these projects in the first place.Ethereum, and a bunch of other valuable cryptocurrencies that have been inspired by it, have a separate set of problems that they will have to figure out.\n\nThe creator of Ethereum, Vitalik Buterin, wanted to build a system that would house a virtual currency like Bitcoin, but with the added ability to create programs, directly on the blockchain, that could make some of the currency’s movements automatic. In the simplest type of transaction, the Ethereum blockchain will record money moving between wallets (which are like individual accounts) only in response to a particular event. In one simple type of transaction, for example, money would move between wallets only if a specific team won the World Series. These so-called smart contracts inside Ethereum are now being copied by many other projects.\n\nEthereum, though, has been dogged by new complexities that smart contracts have introduced into an already fiendishly complicated system. Ethereum smart contracts have been hacked and rigged in unexpected ways that have allowed for multiple thefts of tens of millions of dollars. That is a small minority of all the transactions, but it makes many people worry about whether blockchain smart contracts have, in the language of hackers, created too great a surface area for attack. Some worry that these sorts of smart contracts are just not the sort of thing that a shared database is equipped to handle.Many of the problems facing cryptocurrencies like Bitcoin and Ethereum arise from the fact that these systems are open to anyone with internet access. Anyone can go online and create a wallet and begin helping to keep all the records for these systems that run on so-called public blockchains. 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2018/07/27 12:10:21
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