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      "title": "ICO AND AIRDROPS, Great For Crypto investment. SEE What ACTIONCOIN Has going on!!",
      "body": "ix / 6 more days to launching of this CRYPTO currency called action coin, grab yours for free, is at the \"Airdrop stage \" and it acquisition is free . \n\nRegister Here by following the link: https://affiliates.actioncoin.io/8526.html\n\nSee details of this coin on their website: https://actioncoin.io/\n\n\n![](https://steemitimages.com/DQmaT6jtqm5x94PniAAXh5t6QBTqxK1yUT5BnNsWxpjk3jw/image.png)\n\n\nKindly register for this Canadian coin now and get ​1000​ coin free before it comes to market. Offer is up till the close of 28th February . Click on the link to register and earn your 1,000 coins after registration. Once this Canadian cryptocurrency coin is launched, a coin may be worth a dollar or more. This therefore means that, if you first earn your 1000 coins and a coin is sold at $1 or  $2 as its launched, you will automatically earn $1000 or  $2000. There’s no harm in trying.\nIt was same way bitcoin evolved and those who grabbed the opportunity in 2008/2009 are now enjoying wealth of millions of dollars 💵💸💵💸 \n\nWho knows what the future holds?Hurry and get yours before it closes\n\nRegister yourself and family here and get free coin. Offer closing soon.\n\nhttps://affiliates.actioncoin.io/8526.html",
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      "title": "",
      "body": "Thoughts To Share, Noted!! Thanks",
      "json_metadata": "{\"tags\":[\"steemit\"],\"app\":\"steemit/0.1\"}"
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      "title": "",
      "body": "Not indicating that the content you copy/paste is not your original work could be seen as [plagiarism. ](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/)\n\nSome tips to share content and add value:\n- Use a few sentences from your source in “quotes.” Use HTML tags or Markdown. \n- Linking to your source.\n- Include your own original thoughts and ideas on what you have shared.\n\nRepeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/steemitabuse/@cheetah/cheetah-bot-explained).\n\nCreative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post. \n\nIf you are actually the original author, please do reply to let us know!\n\nThank You!\n\nMore Info: <a href=\"https://steemit.com/steemcleaners/@steemcleaners/abuse-guide-2017-update\">Abuse Guide - 2017</a>.",
      "json_metadata": "{\"tags\":[\"steemit\"],\"links\":[\"http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/\",\"https://steemit.com/steemitabuse/@cheetah/cheetah-bot-explained\",\"https://steemit.com/steemcleaners/@steemcleaners/abuse-guide-2017-update\"],\"app\":\"steemit/0.1\"}"
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      "title": "",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://phys.org/news/2017-06-wholl-responsible-self-driving-car.html",
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      "author": "franzucon",
      "permlink": "let-s-have-a-vote-and-hear-your-say-who-ll-be-responsible-when-self-driving-car-crashes",
      "title": "LET'S HAVE A VOTE AND HEAR YOUR SAY: Who'll Be Responsible When Self-Driving Car Crashes?",
      "body": "Fully self-driving cars aren't quite here yet, but they're coming.\n\n![ontario-becomes-first-canadian-state-to-allow-self-driving-cars-on-public-road-100955_1.jpg](https://steemitimages.com/DQmUpFjSkKuKsRosqEY8v96LobqcULdr7bYkUaH4RBBoGkj/ontario-becomes-first-canadian-state-to-allow-self-driving-cars-on-public-road-100955_1.jpg)\n\n\nGov. Jay Inslee signed an executive order earlier this month welcoming companies to use Washington roads as a testing ground for driverless cars.\n\nWith the vast majority of collisions caused by human error, self-driving cars carry the potential to dramatically decrease crashes on the road. But, especially while self-driving cars share the road with standard ones, it's unlikely that collisions will disappear entirely.\n\nAn Uber self-driving car crashed in Arizona in March, and a Tesla in autopilot mode crashed in Florida last year, killing its driver.\n\n\n![Self_Driving_Uber.0.png](https://steemitimages.com/DQmSYPNhJzi5kTMMHGR8gChmJpQHgtDt2H2ZMrPqC1e1MSR/Self_Driving_Uber.0.png)\n\nRegardless of who or what was at fault in those instances, self-driving cars will still have to interact with drivers, bicyclists and pedestrians. Which raises the question for this week's Traffic Lab Q&A: Who's responsible if a self-driving car is involved in - or causes - a crash?\n\n\n![Volvo-self-driving-car.jpg](https://steemitimages.com/DQmdnZsy8dVrGx3C2WuUwDrrT52auNvPfHMbt8BGxobAoEv/Volvo-self-driving-car.jpg)\n\n\"If an accident occurs and it's deemed the error was on the part of the self-driving auto, who gets sued?\" asked John McLain, of Whidbey Island. \"Do you seek redress from the vehicle's owner or from the manufacturer? If two self-driving vehicles collide, how would insurance companies sort out who pays for the property damage?\"\n\n\n![maxresdefault.jpg](https://steemitimages.com/DQmdyCwc1APBpkZEkUNzDPFPwaieFz2cSxfQMMKaU4FPyvp/maxresdefault.jpg)\n\nNone of the answers to those questions are settled, but scholars and experts in the field tend to have two, general assumptions: Widespread use of self-driving cars will mean fewer collisions, and there will be some shifting of liability from drivers to manufacturers.\n\n![the-technology-for-self-driving-cars-is-ready--heres-what-it-will-take-to-get-them-on-the-road.jpg](https://steemitimages.com/DQmeKgYgAHcVwAbsuBL99aQYQRhjk8whsbkLBgtTT38vtzf/the-technology-for-self-driving-cars-is-ready--heres-what-it-will-take-to-get-them-on-the-road.jpg)\n\n\n\"In comparison to the automotive industry today, the automated driving industry will likely bear a bigger slice of a smaller pie of total crash costs,\" writes Bryant Walker Smith, a law professor at the University of Southern California and an expert on the law of self-driving cars.\n\nStates are generally responsible for establishing liability and insurance rules and, indeed, the federal government's guidance on self-driving cars, released last year, put the onus on the states.\n\n\"States should consider how to allocate liability among (autonomous vehicle) owners, operators, passengers, manufacturers and others when a crash occurs,\" the guidance from the U.S. Department of Transportation says.\n\nIn Washington state, as of now, there's no clear answer. And there really isn't much of an answer anywhere else either.\n\nInslee's executive order only requires companies testing self-driving cars to carry car insurance, as any driver has to do under state law.\n\nKara Klotz, a spokeswoman for state Insurance Commissioner Mike Kreidler, said they're monitoring the issue, but don't currently have regulations specific to self-driving cars.\n\n\"It's a whole new way of thinking about auto insurance, and we let the insurance industry kind of innovate and come up with products, and then we'll review those,\" Klotz said.\n\nAnd the insurance industry's response, generally, is: We're working on it.\n\nMichigan late last year became the first state to pass legislation addressing self-driving cars and insurance. That law says that if an autonomous vehicle's operating system is at fault for a collision, then the manufacturer is responsible.\n\nRight now, in the very early stages of a possible wave of self-driving cars, the insurance industry is most focused on getting access to the information it will need to determine who or what is at fault in a collision, said Bob Passmore, an assistant vice president with the Property Casualty Insurers Association of America.\n\nCurrently, if two cars collide, either the drivers work it out, or police or insurers talk to the drivers and examine the evidence to make a determination of who's at fault.\n\nAs cars become more automated, that's going to shift, with drivers becoming less able to say what caused a collision.\n\n\"It's not just what you did or didn't do, it's what the car did or did not do,\" Passmore said. \"The only way to talk to a vehicle that drives itself is to get the data and the information that the vehicle used to make its decisions.\"\n\nThe insurance industry wants access to that data. Carmakers want to make sure their proprietary self-driving systems - oftentimes top secret - won't be disclosed. And drivers have a justifiable concern about privacy.\n\nThere's already a broad set of product liability law that has been used in famous automotive cases - the Ford Pinto's fuel system, Firestone tires and Takata air bags, to name a few.\n\nThe challenge, experts say, will be to take existing law and use it to determine if a self-operating system is at fault.\n\nThat could be done on a case-by-case basis - was the self-driving car speeding? Did it run a red light? - or it could require changes to the law.\n\n\n\n![daimler-image.jpg](https://steemitimages.com/DQmdnehZ1dvAREEDmfsFnPYJE6QSDmaakXqMdkBtJ7aXe2G/daimler-image.jpg)\n\n\"We're taking a sort of existing body of law and we're applying that body of law to new facts,\" said Jim Whittle, an associate general counsel for the American Insurance Association. \"Will it fit? Will it need to be adjusted? Do we want to have a more efficient system for resolving these matters? Those are the sort of public-policy questions that may need to evolve.\"\n\nNo one knows exactly when those questions are going to need to be answered. Partially autonomous vehicles are already here. Fully autonomous ones - with no driver input necessary - are likely only a few years away. But it could be decades before they dominate the roadways.\n\n\n![auto-1634815_960_720.jpg](https://steemitimages.com/DQmdsSwrqm5qv6o43KPH5RaqFy2vccHxcLVw5QCiwvpXVxZ/auto-1634815_960_720.jpg)\n\n\"A year from now, my guess is this is going to be the number 1 issue in the industry,\" said Kenton Brine, president of the NW Insurance Council. \"The technology is already ahead of the organization of the system and how we're insuring it.\"\n\nLET'S VOTE TO THIS AND LETS HAVE YOUR SAY.. Thanks",
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  "timestamp": "2017-12-21T17:11:21",
  "op": [
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      "parent_author": "enolife",
      "parent_permlink": "re-franzucon-if-you-don-t-have-steem-and-ripples-go-and-get-in-now-your-would-regret-if-you-do-not-20171221t170508606z",
      "author": "franzucon",
      "permlink": "re-enolife-re-franzucon-if-you-don-t-have-steem-and-ripples-go-and-get-in-now-your-would-regret-if-you-do-not-20171221t171122560z",
      "title": "",
      "body": "Thanks Bro!! LETS STEEMIT all the way!!\n\nI have been educating people to leave all the Big coins for now and focus on the upcoming, they would hit the market harder because people are looking for more affordable means for transaction, what better way  to achieve that if not to go for other cryptos!!",
      "json_metadata": "{\"tags\":[\"steemit\"],\"app\":\"steemit/0.1\"}"
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  "timestamp": "2017-12-21T17:10:15",
  "op": [
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      "parent_author": "franzucon",
      "parent_permlink": "if-you-don-t-have-steem-and-ripples-go-and-get-in-now-your-would-regret-if-you-do-not",
      "author": "esaug",
      "permlink": "re-franzucon-if-you-don-t-have-steem-and-ripples-go-and-get-in-now-your-would-regret-if-you-do-not-20171221t171015475z",
      "title": "",
      "body": "It the best smart think that we can do, get RP and Steems, I think that Steem will touch 7$ in february.",
      "json_metadata": "{\"tags\":[\"steemit\"],\"community\":\"busy\",\"app\":\"busy/2.1.0\"}"
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  "timestamp": "2017-12-21T17:08:24",
  "op": [
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    {
      "parent_author": "petitefrancaise",
      "parent_permlink": "re-franzucon-if-you-don-t-have-steem-and-ripples-go-and-get-in-now-your-would-regret-if-you-do-not-20171221t170448962z",
      "author": "franzucon",
      "permlink": "re-petitefrancaise-re-franzucon-if-you-don-t-have-steem-and-ripples-go-and-get-in-now-your-would-regret-if-you-do-not-20171221t170819756z",
      "title": "",
      "body": "Thanks petitefrancaise. Steem is over $3.00 Today just within one week it moved from $0.80 can you beat that? while Steemdollars is also High!! \n\nLets all STEEMIT!!",
      "json_metadata": "{\"tags\":[\"steemit\"],\"app\":\"steemit/0.1\"}"
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      "voter": "lloydd504",
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  "trx_id": "42dfa48ab752e3722f8ee8ba39ea3cc0ce8ae7ac",
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  "trx_in_block": 23,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-12-21T17:05:12",
  "op": [
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    {
      "parent_author": "franzucon",
      "parent_permlink": "if-you-don-t-have-steem-and-ripples-go-and-get-in-now-your-would-regret-if-you-do-not",
      "author": "enolife",
      "permlink": "re-franzucon-if-you-don-t-have-steem-and-ripples-go-and-get-in-now-your-would-regret-if-you-do-not-20171221t170508606z",
      "title": "",
      "body": "You're absolutely right and I keep saying this. Steem is the next big thing. Check the adoption, growth, and the number of transactions that occurs on it each day and you'll be convinced.\n\nToday I made a post on my blog about why you should sell all your coins and invest in Steemit. Very eye opening.",
      "json_metadata": "{\"tags\":[\"steemit\"],\"app\":\"steemit/0.1\"}"
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  "timestamp": "2017-12-21T17:04:48",
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      "parent_author": "franzucon",
      "parent_permlink": "if-you-don-t-have-steem-and-ripples-go-and-get-in-now-your-would-regret-if-you-do-not",
      "author": "petitefrancaise",
      "permlink": "re-franzucon-if-you-don-t-have-steem-and-ripples-go-and-get-in-now-your-would-regret-if-you-do-not-20171221t170448962z",
      "title": "",
      "body": "Oh and since you are a little fish like me, I resteem this for you. We should all help each other. And this is an interesting post. Good job.",
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      "author": "franzucon",
      "permlink": "if-you-don-t-have-steem-and-ripples-go-and-get-in-now-your-would-regret-if-you-do-not",
      "title": "If you don't Have STEEM and RIPPLES, Go and get in NOW!! You would regret if you DO NOT!!",
      "body": "Hi \n\nGuys, Once again, the Crypto - Mystical eyes as some of you call me, am here again.\n\nThis time , I have a mind blowing informations for you.\n\nAs you all know and can see already, the crypto World is going crazy!!\n\n2018 would be the year of Awareness for so many people who are in doubt about the cryptocurrency world.\n\nWhile for those who are already aware and are participating, New Millionaires and Billionaires would be BORN!!\n\nAs Robert Kyosaki called it \"The Financial Apocalypse\".\n\n\nSTEEM and STEEMDOLLAR - \n\n![download.jpg](https://steemitimages.com/DQmT7WcQaasBhUfjeh5QwMvP3B1krQuowjK458oAMewSeco/download.jpg)\n\nThis is our Darling!! Steem is on fire and is heading to the moon!! If you don't have enough of it, Go an get it asap!!\nSteem would  Shock people with its astronomical growth very soon!! \nLike I said , If you do not have it, Please get it.\n\n\nNOW, For my main Topic;\n\nRIPPLES \n\nGuys This is the next BOOM!!!\n\n![[email protected]](https://steemitimages.com/DQmcM5qevkMXrFVZFNZNZEk5hoRr6a9Nbao4f6ZbxBZUX2t/ripple-logo-color%402x.png)\n\n![[email protected]](https://steemitimages.com/DQmeCPHBy4WHfjq9PXGnNZ7C8dSifV6g4i5DurffZS5g3FC/msb%402x.png)\n\nRipples Got to $1.05 Today from $0.27 within one week. Is that not amazing?\n\nGuys I beg you all to invest in this coin. It will moon beyond $50.00 by February, 2018.\n\nVote for this post guys, encourage us. Thanks",
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      "title": "",
      "body": "Im on Ripple since the beginning. 1020 XRP so far :D\nYou are fucking right. people should buy as soon as possible.",
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      "permlink": "if-you-don-t-have-steem-and-ripples-go-and-get-in-now-your-would-regret-if-you-do-not",
      "title": "If you don't Have STEEM and RIPPLES, Go and get in NOW!! Your would regret if you DO NOT!!",
      "body": "Hi \n\nGuys, Once again, the Crypto - Mystical eyes as some of you call me, am here again.\n\nThis time , I have a mind blowing informations for you.\n\nAs you all know and can see already, the crypto World is going crazy!!\n\n2018 would be the year of Awareness for so many people who are in doubt about the cryptocurrency world.\n\nWhile for those who are already aware and are participating, New Millionaires and Billionaires would be BORN!!\n\nAs Robert Kyosaki called it \"The Financial Apocalypse\".\n\n\nSTEEM and STEEMDOLLAR - \n\n![download.jpg](https://steemitimages.com/DQmT7WcQaasBhUfjeh5QwMvP3B1krQuowjK458oAMewSeco/download.jpg)\n\nThis is our Darling!! Steem is on fire and is heading to the moon!! If you don't have enough of it, Go an get it asap!!\nSteem would  Shock people with its astronomical growth very soon!! \nLike I said , If you do not have it, Please get it.\n\n\nNOW, For my main Topic;\n\nRIPPLES \n\nGuys This is the next BOOM!!!\n\n![[email protected]](https://steemitimages.com/DQmcM5qevkMXrFVZFNZNZEk5hoRr6a9Nbao4f6ZbxBZUX2t/ripple-logo-color%402x.png)\n\n![[email protected]](https://steemitimages.com/DQmeCPHBy4WHfjq9PXGnNZ7C8dSifV6g4i5DurffZS5g3FC/msb%402x.png)\n\nRipples Got to $1.05 Today from $0.27 within one week. Is that not amazing?\n\nGuys I beg you all to invest in this coin. It will moon beyond $50.00 by February, 2018.\n\nVote for this post guys, encourage us. Thanks",
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      "permlink": "re-cheetah-cheetah-re-franzuconthis-will-make-banks-obsolete-20171221t153238453z",
      "title": "",
      "body": "Yea Cheetah, Always on time !!",
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      "permlink": "cheetah-re-franzuconthis-will-make-banks-obsolete",
      "title": "",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://asemserver.com/cryptocurrency-codex/",
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      "author": "franzucon",
      "permlink": "this-will-make-banks-obsolete",
      "title": "This Will Make Banks Obsolete!",
      "body": "If you want to know what the fastest method of creating millionaires is right now, then let me give you a hint.\n\nIt's called Cryptocurrency and it's EXPLODING right now.\n\n![ad7.jpg](https://steemitimages.com/DQmQCs8EWzNPdb2drhP6cpmCXjF8eUzyPTubcwvRtaFak1x/ad7.jpg)\n\n\nDid you know cryptocurrency is already gaining worldwide acceptance? With governments in Russia, Japan, China and the United States starting to accept these investments...\n\nAnd as of right now, it just also happens to be the world's fastest method of creating millionaires, currently producing worldwide 100 millionaires a day...\n\nDon't believe me?\n\nWatch this video for proof:\n\nhttp://gracelandavegroup.com/1a8c533a8a9478e348a5e4b706_224f385a-030101050001/C/d=siqsh/m=vhp/k=BCA5BC63/7377\n\nDid you know that all the \"smart money\" have already made their move and transferred large portions of their holdings into this new up-and-coming opportunity.\n\nI'm talking about moguls like:\n\nRichard Branson founder of Virgin,\nBill Gates from Microsoft,\nMarc Andreessen founder of Netscape,\nPaypal co-founder Peter Thiel,\nBillionaire Philanthropist, Mark Cuban; and many more\nSo this means if you don't have your money invested here, it'll be like having your money in old school typewriters when desktop computers took over the world.\n\nNow I can hype it up even more, but I don't need to.\n\nThe folks at the Cryptocurrency Institute have released this viral video that is taking over Facebook and being shared like crazy.\n\nMake sure you watch it before it's taken down by the central banks:\n\n[Click Here To Watch It]\n\nDon't say I didn't warn you!\n\nSpeak soon.",
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      "parent_author": "cheetah",
      "parent_permlink": "cheetah-re-franzuconethereum-to-soar-after-jpmorgan-intel-microsoft-and-others-form-blockchain-alliance",
      "author": "franzucon",
      "permlink": "re-cheetah-cheetah-re-franzuconethereum-to-soar-after-jpmorgan-intel-microsoft-and-others-form-blockchain-alliance-20171013t131045296z",
      "title": "",
      "body": "Thanks Cheetah!! Always there right on time.. Smiles!!",
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      "permlink": "cheetah-re-franzuconethereum-to-soar-after-jpmorgan-intel-microsoft-and-others-form-blockchain-alliance",
      "title": "",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://www.zerohedge.com/news/2017-02-27/ethereum-soars-after-jpmorgan-intel-microsoft-and-others-form-blockchain-alliance",
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      "author": "franzucon",
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      "title": "Ethereum To Soar After JPMorgan, Intel, Microsoft And Others Form Blockchain Alliance",
      "body": "Step aside bitcoin, there is a new blockchain kid in town.\n\nIn recent days, the world's second most popular digital currency, Ethereum, has been surging (despite its embarrassing hack last June when some $59 million worth of \"ethers\" were stolen forcing the blockchain to implement a hard fork to undo the damage), prompting many to wonder if some big announcement was imminent. It appears that yet again someone \"leaked\" because on Monday, an alliance of some of the world's most advanced financial and tech companies including JPMorgan Chase, Microsoft, Intel and more than two dozen other companies teamed up to develop standards and technology to make it easier for enterprises to use blockchain code Ethereum - not bitcoin - in the latest push by large firms to move toward the holy grail of a post-central bank world in which every transaction is duly tracked: a distributed ledger systems.\n\n\n![Ethereum-11.png](https://steemitimages.com/DQmaAZDDYSab9UB7cjjCZ1ujcXdCgrZG1SNbcQM5sGwsqbW/Ethereum-11.png)\n\nIn total, some 30 companies are set to announce on Tuesday the formation of the Enterprise Ethereum Alliance, which will create a standard version of the Ethereum software that businesses around the world can use to track data and financial contracts. This will be a huge boost to the recently sagging credibility of the technology, which suffered substantial damage during last summer's previously noted hack, when nearly half the value of Ethereum was wiped out overnight.\n\nAccording to Reuters, the Enterprise Ethereum Alliance (EEA) will work to \"enhance the privacy, security and scalability of the Ethereum blockchain, making it better suited to business applications\", according to the founding companies. Members of the 30-strong group also include Accenture Plc, Banco Santander, BP Plc, Credit Suisse Group AG, UBS Group AG, Banco Bilbao Vizcaya Argentaria, ING Groep NV, Bank of New York Mellon Corp , Thomson Reuters Corp (and startups ConsenSys and BlockApps.\n\nThe fascination with ethereum, or bitcoin for that matter, is familiar to fans of the digital currencies: the EEA joins a growing list of joint initiatives by large companies aiming to take advantage of blockchain, a shared digital record of transactions that is maintained by a network of computers rather than a centralized authority, eliminating the need for a central information clearinghouse. The technology is viewed as being harder to corrupt or hack because of its reliance on many people rather than just a single authority.\n\nCompanies in a wide range of industries are hoping that it can help them streamline some of their processes, such as the clearing and settling of financial securities.\n\nAbout 70 financial firms are involved with a R3 CEV, a New York-based startup focused on developing blockchain technology for the finance industry, while technology firms such as IBM and Hitachi are part of the Hyperledger Project, a group led by the Linux Foundation. The EEA underscores the enthusiasm around the nascent technology, but also highlights some of the hurdles that companies must still overcome before they can deploy blockchain on a large scale. This includes ensuring that the technology can support the vast number of transactions processed by large corporations, while being secure enough to meet their stringent security standards.\nThe new Ethereum alliance has been described by some of its backers as a way to insure that the IBM-led blockchain effort is not the only option for businesses looking to use the technology. Other companies like R3 and Chain have also been developing alternative blockchains.\n\nSeveral banks have already adapted Ethereum to develop and test blockchain trading applications. Alex Batlin, global blockchain lead at BNY Mellon, one of the companies on the EEA board, said over the past few years banks and other enterprises have increased collaboration with the Ethereum development community, facilitating the creation of the EEA.\n\n“We are pretty equally spending our time across the different chains,” said Alex Batlin, the global head of blockchain at Bank of New York Mellon, which is joining the Ethereum alliance.\n\nUnlike some other collaborative efforts, members do not need to pay a fee to participate in the EEA, for now.\n\nEthereum was introduced in 2013 by a developer named Vitalik Buterin, then 19, who had previously worked on Bitcoin. Since its official release in 2015, the Ethereum network has been the target of hackers and theft.  Yet it has also won a large following among programmers who view it as a new and sophisticated way for groups of people and companies to initiate and track transactions and contracts of all sorts. That has led some companies to bet that Ethereum will win the race to become the standard blockchain for future business operations.\n\n“In every industry that we come across, Ethereum is usually the first platform that people go to,” said Marley Gray, the principal blockchain architect at Microsoft.\n\nToday's announcement may be just the vote of confidence Ethereum needed by major corporations to catapult it in popularity, and perhaps even overtake bitcoin which suddenly seems like \"yesterday's\" technology. Indeed, as the NYT adds, the creation of the Ethereum alliance shows a continuing commitment among big companies to making the technology work, in large part because it promises to create much more streamlined databases that require less back-office maintenance.\n\nIt is already reflected in the price, which has soared on the news, and is up 25% over the past week.\n\n\n\nThe move may be just the beginning if most corporations adopt Ethereum as the distributed ledger standard: accenture released a report last month arguing that blockchain technology could save the 10 largest banks $8 billion to $12 billion a year in infrastructure costs — or 30 percent of their total costs in that area. Accenture is one of 11 companies on the governing board of the Ethereum alliance.\n\nAnd while the Ethereum network has an internal virtual currency known as Ether, charted above, the value of which has risen and fallen over the last two years (and is now soaring), Ethereum is much more than just a system for tracking currency. It also allows people to write what are known as smart contracts into the Ethereum blockchain. Two companies could, for instance, create a contract that would automatically send money to one of them if a particular news authority reported that the Chicago Cubs won the World Series or that “La La Land” won the Oscar for best picture. (As the last example shows, what would happen if the authority was wrong is a more difficult question.)\n\nBecause of its capacity for smart contracts — and other complicated computing capacities — Ethereum is viewed as more agile and adaptable than Bitcoin.\n\nAs with Bitcoin, however, anyone can join the Ethereum network and see all the activity on the Ethereum blockchain. The companies working on the Enterprise Ethereum Alliance want to create a private version of Ethereum that can be rolled out for specific purposes and open only to certified participants. Banks could create one blockchain for themselves and shipping companies could create another for their own purposes. The purpose of the alliance is to create a standard, open-source version of Ethereum that can provide a foundation for any specific use case.\n\n* * *\n\nFor those who are new to Ethereum and are curious about the distinctions between that technology and bitcoin, below is a quick primer courtesy of CryptoCompare:\n\n1. In Ethereum the block time is set to 14 to 15 seconds compared to Bitcoins 10 minutes. This allows for faster transaction times. Ethereum does this by using the Ghost protocol.\n\n2. Ethereum has a slightly different economic model than Bitcoin – Bitcoin block rewards halve every 4 years whilst Ethereum releases the same amount of Ether each year ad infinitum.\n\n3. Ethereum has a different method for costing transactions depending on their computational complexity, bandwidth use and storage needs. Bitcoin transactions compete equally with each other. This is called Gas in Ethereum and is limited per block whilst in Bitcoin, it is limited by the block size.\n\n4. Ethereum has its own Turing complete internal code... a Turing-complete code means that given enough computing power and enough time... anything can be calculated. With Bitcoin, there is not this form of flexibility.\n\n5. Ethereum was crowd funded whilst Bitcoin was released and early miners own most of the coins that will ever be mined. With Ethereum 50% of the coins will be owned by miners in year five.\n\n6. Ethereum discourages centralised pool mining through its Ghost protocol rewarding stale blocks. There is no advantage to being in a pool in terms of block propagation.\n\n7. Ethereum uses a memory hard hashing algorithm called Ethash that mitigates against the use of ASICS and encourages decentralised mining by individuals using their GPU’s.",
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      "permlink": "re-franzucon-crypto-crazy-dont-t-sell-just-buy-folks-20170925t223600400z",
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      "body": "Interesting blog.  I was about to post a similair thread. The decision to buy a coin should be based on real analysis of the coin. I found that people keep buying coins without have any knowledge of them. This is considered high risk.  Does anyone know about:  https://www.coincheckup.com They researched and analyzed every tradable coin out there.",
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