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      "body": "Congratulations @khalilshar! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/posts.png)](http://steemitboard.com/@khalilshar) Award for the number of posts published\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\n\n**Do not miss the last post from @steemitboard:**\n[SteemitBoard World Cup Contest - France vs Belgium](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-france-vs-belgium)\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**!",
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      "body": "Artificial Intelligence is quite a trending topic in modern technology with many businesses adopting its use in their daily operations while others are skeptical about its relevance in the workplace. Let me show you the various benefits of AI to the workplace and how it can make your business grow as well as save time and money.\n\nSimplification Of The Recruitment Process\n\nHuman Resource Departments are faced with the task of hiring staff which is quite daunting, frustrating and equally expensive, with personnel having to shift through a large number jobs applications for a relatively few vacancies, but this scenario is gradually becoming a thing of the past with the use of machine intelligence i.e. Artificial intelligence.\n\nAI reduces the stress related to the hiring process through the use of the following ways:\n\nInteresting job descriptions are written by recruiters through the use software known as Textio. This augmented writing platform compiles various job postings and puts forward to consideration suitable content to encourage the submission of more applications from job seekers.\n\nCandidates for various job vacancies can schedule their interviews, allowing them to choose a time must suitable for them and also provides a chance to reschedule. All these are possible through the use of the Montage software.\n\nAI powered software such as Stella match suitable candidates to jobs through the tracking of experiences, credentials and qualities sought for by employers.\n\nRemoval Of Repetitive Tasks In Daily Business Operations\n\nScheduling, rescheduling and cancelling meetings are quite stressful to administrative staff but the use of tools such as X.ai helps by performing these tasks diligently.\n\nRecording, transcribing and sharing notes during meetings are also tasks which can be handled by artificial intelligence.\n\nImprovement In Handling Issues Related To Sales, Marketing and Customer Service\n\nChatbots are forms of artificial intelligence that can help with support outside the company.They gain experience from real sales and customer reps and use this to assist customers in purchasing goods and services. Questions regarding marketing and customer relationship management (CRM) can also be handled by GrowthBot through the mining of data, both of the public and the company.\n\nThe Identification Of Security Risks And Protection Of Data\n\nFinancial institutions such as banks apply AI based technology to point out security risks and protect data. Examples of software which make the use of Ai in such cases include Darktrace, Exabeam and SparkCognition.\n\nIncreased Productivity\n\nWith AI handling most of the mundane and repetitive tasks at the workplace, workers are free to channel their efforts to more important tasks thus increasing productivity.\n\nProductivity could also be boosted and monitored by machine intelligence by helping them discover areas that have high labour costs and other obstacles to increased efficiency.\n\nWill Artificial Intelligence Replace Humans In The Workplace?\n\nWith the above examples, some individuals might be tempted to think about losing their jobs to AI powered tools since most tasks in the workplace are getting automated gradually, but their fears are unfounded as human input is indispensable despite the presence of artificial intelligence.\n\nArtificial Intelligence basically handles tasks which could affect productivity and allows workers to be action-oriented and gives them the chance to be more creative.\n\nArticle Source: http://EzineArticles.com/expert/Abiodun_Adewusi\n\n\n\nArticle Source: http://EzineArticles.com/9938188![images (9).jpeg](https://cdn.steemitimages.com/DQmYVEA8WRYtv8ABS5P3EvxiuVarixbZAbTdpfwcVs19oD1/images%20(9).jpeg)![unnamed (3).png](https://cdn.steemitimages.com/DQmdQsT1e2nwSv7d86eMwWgvzpnqukrF8yjZuDebRXgMLKv/unnamed%20(3).png)",
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      "title": "\"The Origin of Species\" and ICO-TIN - The Difference Between Earth and Rest",
      "body": "Expert Author Shrey Shukla\nNovember 24th, 1859. The day \"the origin of species\" got published and the world was introduced with a unique theory of existence, reasons of existence and the processes of generation, evolution, and survival of different species. The oldest and with everlasting longevity were amoeba and others of the similar kind. They have been through all the ups and downs; through the rough phases presented by Mother Nature.\n\n\"The origin of species\" was one of a kind book, written to target everyone, be read and comprehended by anyone. It was liked and had been popular among all the classes, be it students, researchers, scientists or visionaries. It was popular worldwide because of its neutral approach and comprehensive language. The theories are still applicable and the book was proved helpful for future biological and relative theoretical experiments and practical applications regarding the origin and evolution of different species on the planet earth.\n\nThe relative similarity between \"the origin of species\" and blockchain: \nIf Satoshi Nakamoto is \"Darwin\" of Crypto Age, and the cryptography is \"the origin of species\", considering the fact that it all exists in the very world we all live and has a significant effect worldwide. It has been comprehended, eventually although, by almost the whole world, yet has turned out to be a popular and widely accepted phenomenon.\n\nWhile other cryptocurrencies failed to survive and have lost their existence in the winds of change and evolution, just like the earlier \"single-cell\" organisms, before amoeba. Bitcoin, being the fittest of species, has been the \"amoeba\" of this relative hypothesis. It has been the cause, inspiration, and benchmark for other, more complex organisms to follow it. These organisms, Ethereum for instance, were introduced with a new concept of execution, which was ICO (initial coin offering). Relatively, natural principles of development, nutrition, growth, and reproduction have been prevalent and known to all.\n\nThe discussions, scientific and religious, in the time and for long: \n\"The origin of species\" gave birth to various hot discussions, scientific-practical, and religious-orthodox, and similarly has blockchain. The Orthodox community, or the religious groups' dominant at that time, were not flexible enough to allow any new theories to be prevailing in the society they had been ruling since long. Likewise, the financial system which has been dominant since the society had been introduced with money and currency, doesn't wish to change and is rigid to its set trends since a couple of centuries. It's perhaps afraid of the importance it might lose if its principles would be replaced.\n\nThe book had conspired for a long time, and that reign is popularly known as \"the eclipse of Darwinism\", i.e. from the 1880s to 1930s. Despite all the evidence and explanations, \"the origin of species\" was kept from the \"acceptance\" by the \"responsible\" for quite a long time. People were restricted from talking about \"Darwin's theories\" in public or on social platforms. The current time frame could be compared to the same reign, where people could not talk about \"cryptography\" in the financial meetings or the forums related with centralized banks or finance related social platforms, where monopoly is a butler to the big old banks and credit companies.\n\n\n \nThe co-existence and definition of \"EVOLUTION\": \nLikewise, there came a number of other enthusiasts, with new icons which turned to crypto coins on exchanges, and similar theories on the world's evolution, after \"the origin of species\". The Darwin's theory was then found and proved to be practical and applicable, rather helpful in new biological findings. Similarly, the concept of ICO (initial coin offering) was introduced to the world. This led to a revolution, by opening doors of participation, monetarily, of \"non-technical\" individuals in the crypto world.\n\nLike earlier, the concept has been questioned, has been challenged and unfortunately, because of a few irregularities and initial failures in the execution of some applications, (which was although a very small ratio compared to the successful ones), the critics got a chance to celebrate.\n\nICO-TIN, THE AFTERLIFE FOR \"DARWIN\": \n\"The origin of species\", later was comparatively found to be almost a definition and explanation of the evolution of different species on earth. It was also explained, that what was the difference between the habitats of earth, to other planets probably, because of which, the LIFE was not probably possible elsewhere. Darwin didn't talk about that; neither did Nakamoto, about \"ICOs\".\n\nThe ICOs have been challenged as a concept by authorities and \"religious\" bodies worldwide. These \"religious\" (rigid to the principles and unhappy to change) financial systems have their own limits. They make rigid mandates for every new integration or experiment, introduction or invention within the system. These mandates tend to be a \"dead-end\" for ICOs these days.\n\nTo provide a window in that \"dead-end\" for ICOs, and with more explanations and integrations to that \"rigid mandate\" policy of \"religious bodies\", ICO-TIN has to come in picture. To provide the indispensable habitat for ICOs, and to make \"Earth\" different from other planets, ICO-TIN makes a safe mid-way between the progressive ICOs and the \"religious\" old financial systems.\n\nICO-TIN. THE ENVIRONMENT, AND THE OCEAN. \nThe difference between other planets is obviously the availability of air and water around the habitable surroundings. How Darwin defines it, is \"the life finds a way\". Of course, it did. ICO-TIN has found a way to take the ICOs to the next level and make things secure and beneficial, mutually.\n\nThe challenges and how ICO-TIN makes a mutually beneficial platform for people, as well as the ICO introducing teams, both could be analyzed and comprehended in the study explained below.\n\nThe challenges in launching an ICO now are as follows:\n\n1) The smart contract has its own limits. It can either reveal the address, on which the cryptocurrency has to be transferred, that is the unique address related to a particular ICO, and once the address gets revealed to everyone or at least a big number of people who are interested in participating in that ICO, they can always get in to make payments.\n\n2) As long as the contract is, more is considered to be efficient, but as many codes it has, the more gas it consumes per transaction. So it's not at all cost effective to make a smart contract long.\n\n3) At that point of time, where an ICO cannot accept more than 14 transactions per second, there comes a situation of AUCTION. In this situation, the set parameters encourage to complete the transaction anyway possible, irrespective of the gas's price.\n\n4) An SPF or single point failure occurs when such a scenario gets created.\n\n5) Compliance is yet another article to be taken care of, where two things are to be covered.\n\nThe first is KYC process, which is more complex than others because it has to be integrated with an image upload that makes the system quite exposed and vulnerable to the hack threats and malware.\n\nThe second is accounting, which again is a big task to regulate and scrutinize because there are different cryptocurrencies on the exchange and one does not wish to change the mode of payment to any medium he does not use frequently.\n\n6) Strategy making has to be very planned and flawless. It covers three aspects, now these three aspects have been set on the traditional ways of ICOs, these three ways were:\n\nAUCTION - where a set pattern judges, that which transaction has to be prioritized, on the basis of the fact that which transaction has been backed up with a higher price for GAS\n\nBOUNTY - the bounty has normally been given to the participants or nonparticipants for introducing more people to the program or ICO. This bounty has been the number of tokens quite often.\n\nGAS - gas has been a very considerable factor when it comes to an ICO launch because there are so many transactions due and even a transaction of a very small amount gets completed after consuming the GAS worth many times of the same amount.\n\n\n \nThe application and indispensability of ICO-TIN\n\nICO-TIN is the answer to all those challenges for someone who has been busy developing his technical and crypto related skills and has never been keen enough to be skilled or smart enough to face the challenges of the underworld market.\n\nIt's about more of a \"professional\" approach. Since one gets paid for something, he has to be excellent at it. Anyone could cut his hair, but we prefer a barber because he knows his job better. That explains the indispensability of a professional package that is ICO-TIN.\n\nIt is an Enterprise solution for new ICO launches and provides a customized package which includes the ICO launch and marketing as well.\n\nThe solutions to the issues have been as follows:\n\n1) The smart contract won't be available to be accessed; the unique address will never be disclosed to any of the participants. There will be parallel and more secure ways to be made, for payments.\n\n2) The easier way to payments will be, that via any mode of payment,(FIAT currencies and BTC too) one will have to buy USD within the system, and his further purchase will be regulated with those USDs.\n\n3) This complete system will be an \"OFF-CHAIN\" program, integrated with the system anyway; hence there will be no transactions, no consumption of any GAS during the transactions made by the participants\n\n4) The payments to be made by the system, however, will be regulated according to the periodic cost-effective prices of GAS, and hence that will be a minimum liability system for to and fro transactions.\n\n5) There won't be any auction for transactions and hence GAS consumption won't be an issue anyway.\n\n6) The KYC and accounts will be managed within different ways, with a system which will not be in direct alignment with the ICO, so it will not be a threat to ICO if images uploading will be needed.\n\n7) The accounts will be flawlessly managed by individuals and it could be done more efficiently as well.\n\nTo take \"the origin of species\" to a new level had although been a challenge for the biologists and others associated with it, but they could not let Darwin's work and contribution, go in vain. It has similarly been a work of responsibility to carry the vision to the next generations and to encourage the progressive youth today.\n\nIt's not over-ambitious at all if \"ICO-TIN\" is considered to be the revised version of \"Nakamoto's\" \"the origin of species\". It opens the way to more experiments and probabilities of combining the \"two worlds\" together.\n\nSo this is a comparison between Darwin's \"The Origin Of Species\" and the cryptocurrency reign of the modern world. Considering the banks and traditional financial structures to be the \"religious bodies\" who had opposed Darwin's theories, considering Satoshi Nakamoto to be the Darwin himself and considering the current progressive world to be the Earth, the possibilities are expressed, with ICO-TIN, a system which helps new ICOs, to take care of everything they need, from A-Z.\n\nArticle Source: http://EzineArticles.com/expert/Shrey_Shukla/25510![unnamed (2).png](https://cdn.steemitimages.com/DQmb7LDKj7xcyNhcqkH7uxAhJPtKqJumkVFLJSe4GFdZiRT/unnamed%20(2).png)",
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      "title": "\"The Origin of Species\" and ICO-TIN - The Difference Between Earth and Rest",
      "body": "Expert Author Shrey Shukla\nNovember 24th, 1859. The day \"the origin of species\" got published and the world was introduced with a unique theory of existence, reasons of existence and the processes of generation, evolution, and survival of different species. The oldest and with everlasting longevity were amoeba and others of the similar kind. They have been through all the ups and downs; through the rough phases presented by Mother Nature.\n\n\"The origin of species\" was one of a kind book, written to target everyone, be read and comprehended by anyone. It was liked and had been popular among all the classes, be it students, researchers, scientists or visionaries. It was popular worldwide because of its neutral approach and comprehensive language. The theories are still applicable and the book was proved helpful for future biological and relative theoretical experiments and practical applications regarding the origin and evolution of different species on the planet earth.\n\nThe relative similarity between \"the origin of species\" and blockchain: \nIf Satoshi Nakamoto is \"Darwin\" of Crypto Age, and the cryptography is \"the origin of species\", considering the fact that it all exists in the very world we all live and has a significant effect worldwide. It has been comprehended, eventually although, by almost the whole world, yet has turned out to be a popular and widely accepted phenomenon.\n\nWhile other cryptocurrencies failed to survive and have lost their existence in the winds of change and evolution, just like the earlier \"single-cell\" organisms, before amoeba. Bitcoin, being the fittest of species, has been the \"amoeba\" of this relative hypothesis. It has been the cause, inspiration, and benchmark for other, more complex organisms to follow it. These organisms, Ethereum for instance, were introduced with a new concept of execution, which was ICO (initial coin offering). Relatively, natural principles of development, nutrition, growth, and reproduction have been prevalent and known to all.\n\nThe discussions, scientific and religious, in the time and for long: \n\"The origin of species\" gave birth to various hot discussions, scientific-practical, and religious-orthodox, and similarly has blockchain. The Orthodox community, or the religious groups' dominant at that time, were not flexible enough to allow any new theories to be prevailing in the society they had been ruling since long. Likewise, the financial system which has been dominant since the society had been introduced with money and currency, doesn't wish to change and is rigid to its set trends since a couple of centuries. It's perhaps afraid of the importance it might lose if its principles would be replaced.\n\nThe book had conspired for a long time, and that reign is popularly known as \"the eclipse of Darwinism\", i.e. from the 1880s to 1930s. Despite all the evidence and explanations, \"the origin of species\" was kept from the \"acceptance\" by the \"responsible\" for quite a long time. People were restricted from talking about \"Darwin's theories\" in public or on social platforms. The current time frame could be compared to the same reign, where people could not talk about \"cryptography\" in the financial meetings or the forums related with centralized banks or finance related social platforms, where monopoly is a butler to the big old banks and credit companies.\n\n\n \nThe co-existence and definition of \"EVOLUTION\": \nLikewise, there came a number of other enthusiasts, with new icons which turned to crypto coins on exchanges, and similar theories on the world's evolution, after \"the origin of species\". The Darwin's theory was then found and proved to be practical and applicable, rather helpful in new biological findings. Similarly, the concept of ICO (initial coin offering) was introduced to the world. This led to a revolution, by opening doors of participation, monetarily, of \"non-technical\" individuals in the crypto world.\n\nLike earlier, the concept has been questioned, has been challenged and unfortunately, because of a few irregularities and initial failures in the execution of some applications, (which was although a very small ratio compared to the successful ones), the critics got a chance to celebrate.\n\nICO-TIN, THE AFTERLIFE FOR \"DARWIN\": \n\"The origin of species\", later was comparatively found to be almost a definition and explanation of the evolution of different species on earth. It was also explained, that what was the difference between the habitats of earth, to other planets probably, because of which, the LIFE was not probably possible elsewhere. Darwin didn't talk about that; neither did Nakamoto, about \"ICOs\".\n\nThe ICOs have been challenged as a concept by authorities and \"religious\" bodies worldwide. These \"religious\" (rigid to the principles and unhappy to change) financial systems have their own limits. They make rigid mandates for every new integration or experiment, introduction or invention within the system. These mandates tend to be a \"dead-end\" for ICOs these days.\n\nTo provide a window in that \"dead-end\" for ICOs, and with more explanations and integrations to that \"rigid mandate\" policy of \"religious bodies\", ICO-TIN has to come in picture. To provide the indispensable habitat for ICOs, and to make \"Earth\" different from other planets, ICO-TIN makes a safe mid-way between the progressive ICOs and the \"religious\" old financial systems.\n\nICO-TIN. THE ENVIRONMENT, AND THE OCEAN. \nThe difference between other planets is obviously the availability of air and water around the habitable surroundings. How Darwin defines it, is \"the life finds a way\". Of course, it did. ICO-TIN has found a way to take the ICOs to the next level and make things secure and beneficial, mutually.\n\nThe challenges and how ICO-TIN makes a mutually beneficial platform for people, as well as the ICO introducing teams, both could be analyzed and comprehended in the study explained below.\n\nThe challenges in launching an ICO now are as follows:\n\n1) The smart contract has its own limits. It can either reveal the address, on which the cryptocurrency has to be transferred, that is the unique address related to a particular ICO, and once the address gets revealed to everyone or at least a big number of people who are interested in participating in that ICO, they can always get in to make payments.\n\n2) As long as the contract is, more is considered to be efficient, but as many codes it has, the more gas it consumes per transaction. So it's not at all cost effective to make a smart contract long.\n\n3) At that point of time, where an ICO cannot accept more than 14 transactions per second, there comes a situation of AUCTION. In this situation, the set parameters encourage to complete the transaction anyway possible, irrespective of the gas's price.\n\n4) An SPF or single point failure occurs when such a scenario gets created.\n\n5) Compliance is yet another article to be taken care of, where two things are to be covered.\n\nThe first is KYC process, which is more complex than others because it has to be integrated with an image upload that makes the system quite exposed and vulnerable to the hack threats and malware.\n\nThe second is accounting, which again is a big task to regulate and scrutinize because there are different cryptocurrencies on the exchange and one does not wish to change the mode of payment to any medium he does not use frequently.\n\n6) Strategy making has to be very planned and flawless. It covers three aspects, now these three aspects have been set on the traditional ways of ICOs, these three ways were:\n\nAUCTION - where a set pattern judges, that which transaction has to be prioritized, on the basis of the fact that which transaction has been backed up with a higher price for GAS\n\nBOUNTY - the bounty has normally been given to the participants or nonparticipants for introducing more people to the program or ICO. This bounty has been the number of tokens quite often.\n\nGAS - gas has been a very considerable factor when it comes to an ICO launch because there are so many transactions due and even a transaction of a very small amount gets completed after consuming the GAS worth many times of the same amount.\n\n\n \nThe application and indispensability of ICO-TIN\n\nICO-TIN is the answer to all those challenges for someone who has been busy developing his technical and crypto related skills and has never been keen enough to be skilled or smart enough to face the challenges of the underworld market.\n\nIt's about more of a \"professional\" approach. Since one gets paid for something, he has to be excellent at it. Anyone could cut his hair, but we prefer a barber because he knows his job better. That explains the indispensability of a professional package that is ICO-TIN.\n\nIt is an Enterprise solution for new ICO launches and provides a customized package which includes the ICO launch and marketing as well.\n\nThe solutions to the issues have been as follows:\n\n1) The smart contract won't be available to be accessed; the unique address will never be disclosed to any of the participants. There will be parallel and more secure ways to be made, for payments.\n\n2) The easier way to payments will be, that via any mode of payment,(FIAT currencies and BTC too) one will have to buy USD within the system, and his further purchase will be regulated with those USDs.\n\n3) This complete system will be an \"OFF-CHAIN\" program, integrated with the system anyway; hence there will be no transactions, no consumption of any GAS during the transactions made by the participants\n\n4) The payments to be made by the system, however, will be regulated according to the periodic cost-effective prices of GAS, and hence that will be a minimum liability system for to and fro transactions.\n\n5) There won't be any auction for transactions and hence GAS consumption won't be an issue anyway.\n\n6) The KYC and accounts will be managed within different ways, with a system which will not be in direct alignment with the ICO, so it will not be a threat to ICO if images uploading will be needed.\n\n7) The accounts will be flawlessly managed by individuals and it could be done more efficiently as well.\n\nTo take \"the origin of species\" to a new level had although been a challenge for the biologists and others associated with it, but they could not let Darwin's work and contribution, go in vain. It has similarly been a work of responsibility to carry the vision to the next generations and to encourage the progressive youth today.\n\nIt's not over-ambitious at all if \"ICO-TIN\" is considered to be the revised version of \"Nakamoto's\" \"the origin of species\". It opens the way to more experiments and probabilities of combining the \"two worlds\" together.\n\nSo this is a comparison between Darwin's \"The Origin Of Species\" and the cryptocurrency reign of the modern world. Considering the banks and traditional financial structures to be the \"religious bodies\" who had opposed Darwin's theories, considering Satoshi Nakamoto to be the Darwin himself and considering the current progressive world to be the Earth, the possibilities are expressed, with ICO-TIN, a system which helps new ICOs, to take care of everything they need, from A-Z.\n\nArticle Source: http://EzineArticles.com/expert/Shrey_Shukla/25510",
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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://cointelegraph.com/news/first-universal-wallet-supports-eos-mainnet-and-offers-free-account-name-registration",
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      "permlink": "first-universal-wallet-supports-eos-mainnet-and-offers-free-account-name-registration",
      "title": "‘First Universal Wallet’ Supports EOS Mainnet and Offers Free Account Name Registration",
      "body": "multi-asset, universal wallet that can store multiple cryptocurrencies and tokens has started supporting the EOS mainnet — and is offering free registration of EOS account names as part of a campaign running from July 6-18.\n\nInfinito Wallet, which began supporting EOS on June 7, says its special offer is on a first-come, first-served basis.\n\nEstimates suggest that EOS will be able to execute millions of transactions per second. Infinito Wallet, which is based in the Isle of Man and available on Google Play and Apple’s App Store, claims it is the first crypto mobile wallet that actively supports the EOS mainnet.\n\nPrior to this, it already supported major cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Dogecoin, Neo and Dash, as well as all tokens built on leading smart contract blockchains such as Ethereum’s ERC-20 and NEO’s NEP-5. Infinito Wallet says users can access their EOS account now, meaning they can check their account balance, send and receive funds, and manage their transaction history on this new network through its platform.\n\nFree account name registration\nEOS now mandates that users need account names to interact with this blockchain. Following EOS’s rule, the registration process will require users to pay a fee in EOS coins — however, this could prove difficult for those who have yet to own an account name.\n\nInfinito Wallet intends to resolve this by helping EOS holders register their mainnet account name for free, removing one of the biggest barriers to their participation in the EOS ecosystem. The company’s campaign has a budget of 1,600 EOS, with interested users being urged to act quickly or risk missing out. The company’s plans to support the mainnet were first reported by Cointelegraph in May, and were finished on schedule. Its registration procedure is simple and can be completed in three simple steps.\n\n3 steps\n\nInfinito Wallet plans to offer additional EOS unique features such as self-registration, staking, unstaking, purchasing and selling RAM.\n\nAbout the company\nInfinito Wallet launched in December 2017, and since then it says it has continued to extend the list of transactional currencies and smart contract tokens it supports, with more to come on their roadmap.\n\nAccording to the company, Infinito Wallet has been downloaded by more than 200,000 users. The company behind Infinito Wallet — Infinity Blockchain Labs Europe — says its sole objective is “to become the world’s market-leading crypto wallet.” The company now boasts a team of more than 180 in-house blockchain developers, marketers, researchers and strategic planners.![725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9kNTI1NjJhMTM3OWYxZGE3OWJkYzYwOGNjZmRhYWY0OC5qcGc=.jpg](https://cdn.steemitimages.com/DQmQwfSYiyXdzHh1Ei1zMJh66g63tesNBL53imm2RPtNbRB/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9kNTI1NjJhMTM3OWYxZGE3OWJkYzYwOGNjZmRhYWY0OC5qcGc=.jpg)![2a54a1e3d1eafa57f7439f2f8a6b20fd.png](https://cdn.steemitimages.com/DQme1BNyXAvi2EfpdAR1mU9gEzLqyu2L45FwQmzYoVnNfLn/2a54a1e3d1eafa57f7439f2f8a6b20fd.png)\nSource Link\nhttps://cointelegraph.com/news/first-universal-wallet-supports-eos-mainnet-and-offers-free-account-name-registration/amp",
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      "title": "Bitcoin vs Altcoins: Which Cryptocurrency Is the Most Usable as Money?",
      "body": "@@ -306,16 +306,18 @@\n Gc=.jpg)\n+%0A%0A\n It's no \n@@ -23611,28 +23611,144 @@\n which to grow in the future.\n+%0ASource Link%0Ahttps://cointelegraph.com/news/bitcoin-vs-altcoins-which-cryptocurrency-is-the-most-usable-as-money/amp\n",
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      "permlink": "cheetah-re-khalilsharbitcoin-vs-altcoins-which-cryptocurrency-is-the-most-usable-as-money",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://sunnywebmoney.com/2018/07/09/bitcoin-vs-altcoins-which-cryptocurrency-is-the-most-usable-as-money/",
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      "parent_permlink": "cryptocrruncy",
      "author": "khalilshar",
      "permlink": "bitcoin-vs-altcoins-which-cryptocurrency-is-the-most-usable-as-money",
      "title": "Bitcoin vs Altcoins: Which Cryptocurrency Is the Most Usable as Money?",
      "body": "#H10 \n![725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iZjNhMWI1OTg0MWQ3NWE0NGRmYTgxMzAxMWRkYWUwMC5qcGc=.jpg](https://cdn.steemitimages.com/DQmb7XgsG93ug94KJij4mJxDXKcvxGwN4oth68dHYTfm5nQ/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iZjNhMWI1OTg0MWQ3NWE0NGRmYTgxMzAxMWRkYWUwMC5qcGc=.jpg)It's no secret that most mainstream economists don't think too highly of cryptocurrencies. Not only have Bitcoin, Ethereum and the rest produced the \"greatest bubble in history,\" but they're \"neither a serious method of payment nor a good way to store capital\" — at least according to the Bank of America and Nouriel \"Dr Doom\" Roubini, respectively.\n\nHowever, while traditional financial experts have spent countless hours complaining that the volatility of cryptocurrencies renders them unviable as actual currency, it is possible to use them as money in a wide variety of places and to spend them on everything from pizzas to shoes.\n\nBut which cryptocurrency is the most usable as money? Well, perhaps unsurprisingly, the answer to this question is Bitcoin, simply because it's accepted as a payment more widely than any other cryptocurrency. But as this analysis will show, other currencies are being increasingly accepted by retailers and companies, and given their superior scalability, they may end up overtaking the original cryptocurrency in the coming months and years.\n\nBitcoin accepted here\nThere's no single authoritative list of all the companies in the world that accept cryptocurrencies as payment, although there are a number of aggregators and websites that offer a general overview of who is accepting what. The most helpful is arguably Virtual Coin Squad, since even though it doesn't quite boast the most extensive catalogue of merchants now accepting cryptocurrencies, it actually lists companies together with all the cryptocurrencies they accept. As such, it provides a clear insight into which cryptocurrency is the most widely used as a means of payment.\n\n54 major companies currently accept cryptocurrencies, according to Virtual Coin Squad (although the real number is much higher), and only two of them — MazeFit (sportswear) and Shiny Leaf (cosmetics) — don't accept Bitcoin. The other 53 – including Microsoft, Expedia, Mozilla, and Shopify – all accept BTC, while 25 accept Litecoin, 13 accept Ethereum, 14 accept Bitcoin Cash, 12 accept Monero, and 15 accept Dogecoin. In other words, Bitcoin is the most usable cryptocurrency as a method of payment, for the simple reason that any merchant that accepts any crypto is almost certain to accept Bitcoin, while the same can't be said for other coins.\n\nOf course, a list of only 55 companies isn't exactly exhaustive, but there are other, more extensive resources which corroborate this picture. UseBitcoin is a directory of over 5,000 businesses and retailers that accept Bitcoin (and other cryptocurrencies), and while these aren't viewable in a table that displays which merchants accept which currency, dipping in and out of specific listings reveals much the same principle: virtually all of them accept Bitcoin, but most of them don't accept other cryptocurrencies.\n\nThe same goes with the information provided by Coinmap, which enables users to search a map of the world for businesses that accept cryptocurrencies. Here, a search of New York City, for example, reveals 136 such businesses within the central area of the city — overlapping Manhattan and Brooklyn. Many of these deal exclusively in Bitcoin, such as a number of delicatessens — e.g. Brooklyn's Tony Deli, Big Boy Deli, and G Line Deli — that house their own Bitcoin ATMs.\n\nAdmittedly, a growing number of businesses worldwide are now accepting more than just Bitcoin, as explained to Cointelegraph by Bach Nguyen, the community manager at the Prague-based SatoshiLabs, which runs the Coinmap website:\n\n\"If I can speak for Prague and Czech Republic, we have been witnessing wider acceptance of cryptocurrencies. Places that have accepted Bitcoin before started accepting Litecoin or Ethereum. There are even ATMs which offer Bitcoin Cash. Though, Bitcoin is still dominant —  it is the cryptocurrency that gets implemented first.\"\n\nNot only does this growth in acceptance of altcoins testify to the growing public familiarity with crypto, but it also results from the increasing prominence of cryptocurrency payment services tailored for businesses — such as Coinbase Commerce, which launched in February and which enables merchants to accept payments in multiple digital currencies. However, such merchants still remain in the minority — for the most part — once again signalling that if you want to pay your way though the world using only one cryptocurrency, your best bet is still Bitcoin.\n\nPayment method\n\nImage source: Warm ME\n\nCross-border settlements and paying your taxes\nThere's a variety of other less direct evidence that also reveals the superior popularity of Bitcoin in comparison to other cryptocurrencies. For instance, Cambridge University published its Global Cryptocurrency Benchmarking Study in April 2017, which for the first time provided a systematic study of alternative payment systems. While it didn't focus exclusively on payments by consumers to companies, it nonetheless discovered that 86 percent of cryptocurrency payment companies use Bitcoin as their primary payment rail for cross-border payments.\n\nSuch payments cover a variety of uses — from international money transfers to business-to-business payments and merchant services — so they don't directly equal evidence that, say, Bitcoin is accepted by 86 percent of the companies that let customers pay using cryptocurrency. Still, they indicate that Bitcoin is the most used cryptocurrency for payments, which in turn would indicate that anyone wanting to buy something with crypto would be best advised to hold on to some Bitcoin, since the system is currently geared more for dealing with Bitcoin payments than with those in any other digital currency.\n\nThat said, it may not stay this way for long. Aside from the increasingly popular range of payment services that let companies charge using a number of cryptocurrencies, moves have been made in various nations that would promote the use of crypto more generally for use with payments. In South Korea, the country's largest exchange, Bithumb, has been securing partnerships with a number of online platforms, including WeMakePrice and Yeogi Eottae. Under the terms of these deals, the platforms involved will be able to accept payments in a range of currencies (including Bitcoin, Ethereum, Ripple, Bitcoin Cash, and ICON), while Bithumb is also pushing hard for such deals and initiatives to be accepted elsewhere in South Korea.\n\nIn the U.S., a handful of states have also been considering legislation that would enable citizens to pay their taxes and license fees in cryptocurrencies. In Arizona, a bill was passed in May that compels the state to \"study whether a taxpayer may pay the taxpayer's income tax liability by using a payment gateway, such as Bitcoin, Litecoin or any other cryptocurrency.\" A very similar bill was introduced in Georgia in late February and in Illinois in April, and while neither have been passed yet, their acceptance would be a considerable a boost for cryptocurrency in general as a means of payment — not just for Bitcoin.\n\nChallengers to Bitcoin\nEven though Bitcoin leads the pack when it comes to the number of merchants actually using it right now, this also doesn't necessarily make it the most 'usable' cryptocurrency, at least not when its inherent technical properties are considered.\n\nTake its scalability issues, which have been waiting for a lasting solution ever since the currency blew up 2017. Forgetting its Lightning Network upgrade — which has been launched only as a beta and so isn't yet widely used — it can process a maximum of seven transactions per second, leaving it quite far behind Visa's maximum of 24,000. Most recently, this led the Bank of International Settlements (BIS) to issue a report which concluded that cryptocurrency — specifically proof-of-work currencies such as Bitcoin — aren't scalable enough to serve as money in a global economy.\n\nIt therefore can’t be guaranteed that Bitcoin will be usable at an appreciably large scale, and that one of its rivals won’t overtake it at a certain point as the most functional cryptocurrency. For example, Bitcoin Cash — which was born when developers forked away from the main Bitcoin blockchain on August 1, 2017  — now has a 32MB block size limit. This is 3200 percent bigger than Bitcoin's block size of 1MB, giving it a maximum capacity of around 224 transactions per second.\n\nIt was largely in view of its superior speed that entrepreneur and Bitcoin-Cash cheerleader Roger Ver said in April:\n\n\"Bitcoin Core is having negative merchant adoption around the world. Bitcoin Cash is having positive merchant adoption around the world.\"\n\nHowever, Bitcoin Cash has a few drawbacks of its own — e.g. its transaction fees aren't always cheaper than Bitcoin's — and it isn't the only rival to Bitcoin's crown of being the crypto-payment method of choice. Ripple, for instance, doesn't use mining in its consensus mechanism and can handle a maximum of 50,000 transactions per second, while Litecoin — which is a fork of Bitcoin Core — is four times faster than its older counterpart, due to its shorter block interval time. Similarly, May saw Ethereum release the first version of a system that will see it move to a proof-of-stake consensus mechanism, which could potentially see its scalability and transaction speed increase significantly.\n\nAdoption steadily growing\nWhile the foregoing shows that other cryptocurrencies may hold the key to the future, it doesn't necessarily address the popular conception among some high-profile critics that Bitcoin and its rivals aren't 'real money.' In a now (in)famous blog post trashing blockchains, for instance, Kai Stinchcombe wrote in April that the \"number of retailers accepting cryptocurrency as a form of payment is declining,\" basing this sweeping assertion on a single Morgan Stanley report which found that, out of 500 \"top online merchants,\" the number of them accepting Bitcoin as payment decreased — between 2016 and 2017 — from five to three.\n\nHowever, Bach Nguyen of SatoshiLabs informed Cointelegraph that the overall number is actually increasing. “A year ago, there were 9085 venues registered [with Coinmap],” he states. \"Today, there are 12,801 venues registered.”\n\nThis translates to a rise of 3,716 in a single year, and while 12,801 is probably a drop in the ocean compared to the total number of businesses in the world, it shows that crypto is being used — and increasingly used  — as real money, regardless of its status in the eye of the law or among financial experts.\n\nThat said, widespread, mass adoption of crypto as a method of payment is still many years away, although some analysts believes it's only a matter of time. EToro crypto analyst Mati Greenspan tells Cointelegraph:\n\n\"It is inevitable and is already happening in some parts of the world. Over time economies tend to go through periods of prosperity and hardships. As long as things are stable, there isn't much need for an independent currency. But in places where trust in the government and banks is low, that's where cryptocurrencies tend to thrive.\"\n\nThis observation is born out in Turkey, for example, where inflation of the Turkish lira has reached double-digit figures this year and where more people own crypto than in any other major European nation. This goes to show that cryptocurrencies have the rare opportunity to succeed at the expense of ineffectual governments. And while their scalability issues would indicate that they aren’t completely prepared to make the most of this opportunity right now, their early use in payments already provides them with a secure foundation on which to grow in the future.t's no secret that most mainstream economists don't think too highly of cryptocurrencies. Not only have Bitcoin, Ethereum and the rest produced the \"greatest bubble in history,\" but they're \"neither a serious method of payment nor a good way to store capital\" — at least according to the Bank of America and Nouriel \"Dr Doom\" Roubini, respectively.\n\nHowever, while traditional financial experts have spent countless hours complaining that the volatility of cryptocurrencies renders them unviable as actual currency, it is possible to use them as money in a wide variety of places and to spend them on everything from pizzas to shoes.\n\nBut which cryptocurrency is the most usable as money? Well, perhaps unsurprisingly, the answer to this question is Bitcoin, simply because it's accepted as a payment more widely than any other cryptocurrency. But as this analysis will show, other currencies are being increasingly accepted by retailers and companies, and given their superior scalability, they may end up overtaking the original cryptocurrency in the coming months and years.\n\nBitcoin accepted here\nThere's no single authoritative list of all the companies in the world that accept cryptocurrencies as payment, although there are a number of aggregators and websites that offer a general overview of who is accepting what. The most helpful is arguably Virtual Coin Squad, since even though it doesn't quite boast the most extensive catalogue of merchants now accepting cryptocurrencies, it actually lists companies together with all the cryptocurrencies they accept. As such, it provides a clear insight into which cryptocurrency is the most widely used as a means of payment.\n\n54 major companies currently accept cryptocurrencies, according to Virtual Coin Squad (although the real number is much higher), and only two of them — MazeFit (sportswear) and Shiny Leaf (cosmetics) — don't accept Bitcoin. The other 53 – including Microsoft, Expedia, Mozilla, and Shopify – all accept BTC, while 25 accept Litecoin, 13 accept Ethereum, 14 accept Bitcoin Cash, 12 accept Monero, and 15 accept Dogecoin. In other words, Bitcoin is the most usable cryptocurrency as a method of payment, for the simple reason that any merchant that accepts any crypto is almost certain to accept Bitcoin, while the same can't be said for other coins.\n\nOf course, a list of only 55 companies isn't exactly exhaustive, but there are other, more extensive resources which corroborate this picture. UseBitcoin is a directory of over 5,000 businesses and retailers that accept Bitcoin (and other cryptocurrencies), and while these aren't viewable in a table that displays which merchants accept which currency, dipping in and out of specific listings reveals much the same principle: virtually all of them accept Bitcoin, but most of them don't accept other cryptocurrencies.\n\nThe same goes with the information provided by Coinmap, which enables users to search a map of the world for businesses that accept cryptocurrencies. Here, a search of New York City, for example, reveals 136 such businesses within the central area of the city — overlapping Manhattan and Brooklyn. Many of these deal exclusively in Bitcoin, such as a number of delicatessens — e.g. Brooklyn's Tony Deli, Big Boy Deli, and G Line Deli — that house their own Bitcoin ATMs.\n\nAdmittedly, a growing number of businesses worldwide are now accepting more than just Bitcoin, as explained to Cointelegraph by Bach Nguyen, the community manager at the Prague-based SatoshiLabs, which runs the Coinmap website:\n\n\"If I can speak for Prague and Czech Republic, we have been witnessing wider acceptance of cryptocurrencies. Places that have accepted Bitcoin before started accepting Litecoin or Ethereum. There are even ATMs which offer Bitcoin Cash. Though, Bitcoin is still dominant —  it is the cryptocurrency that gets implemented first.\"\n\nNot only does this growth in acceptance of altcoins testify to the growing public familiarity with crypto, but it also results from the increasing prominence of cryptocurrency payment services tailored for businesses — such as Coinbase Commerce, which launched in February and which enables merchants to accept payments in multiple digital currencies. However, such merchants still remain in the minority — for the most part — once again signalling that if you want to pay your way though the world using only one cryptocurrency, your best bet is still Bitcoin.\n\nPayment method\n\nImage source: Warm ME\n\nCross-border settlements and paying your taxes\nThere's a variety of other less direct evidence that also reveals the superior popularity of Bitcoin in comparison to other cryptocurrencies. For instance, Cambridge University published its Global Cryptocurrency Benchmarking Study in April 2017, which for the first time provided a systematic study of alternative payment systems. While it didn't focus exclusively on payments by consumers to companies, it nonetheless discovered that 86 percent of cryptocurrency payment companies use Bitcoin as their primary payment rail for cross-border payments.\n\nSuch payments cover a variety of uses — from international money transfers to business-to-business payments and merchant services — so they don't directly equal evidence that, say, Bitcoin is accepted by 86 percent of the companies that let customers pay using cryptocurrency. Still, they indicate that Bitcoin is the most used cryptocurrency for payments, which in turn would indicate that anyone wanting to buy something with crypto would be best advised to hold on to some Bitcoin, since the system is currently geared more for dealing with Bitcoin payments than with those in any other digital currency.\n\nThat said, it may not stay this way for long. Aside from the increasingly popular range of payment services that let companies charge using a number of cryptocurrencies, moves have been made in various nations that would promote the use of crypto more generally for use with payments. In South Korea, the country's largest exchange, Bithumb, has been securing partnerships with a number of online platforms, including WeMakePrice and Yeogi Eottae. Under the terms of these deals, the platforms involved will be able to accept payments in a range of currencies (including Bitcoin, Ethereum, Ripple, Bitcoin Cash, and ICON), while Bithumb is also pushing hard for such deals and initiatives to be accepted elsewhere in South Korea.\n\nIn the U.S., a handful of states have also been considering legislation that would enable citizens to pay their taxes and license fees in cryptocurrencies. In Arizona, a bill was passed in May that compels the state to \"study whether a taxpayer may pay the taxpayer's income tax liability by using a payment gateway, such as Bitcoin, Litecoin or any other cryptocurrency.\" A very similar bill was introduced in Georgia in late February and in Illinois in April, and while neither have been passed yet, their acceptance would be a considerable a boost for cryptocurrency in general as a means of payment — not just for Bitcoin.\n\nChallengers to Bitcoin\nEven though Bitcoin leads the pack when it comes to the number of merchants actually using it right now, this also doesn't necessarily make it the most 'usable' cryptocurrency, at least not when its inherent technical properties are considered.\n\nTake its scalability issues, which have been waiting for a lasting solution ever since the currency blew up 2017. Forgetting its Lightning Network upgrade — which has been launched only as a beta and so isn't yet widely used — it can process a maximum of seven transactions per second, leaving it quite far behind Visa's maximum of 24,000. Most recently, this led the Bank of International Settlements (BIS) to issue a report which concluded that cryptocurrency — specifically proof-of-work currencies such as Bitcoin — aren't scalable enough to serve as money in a global economy.\n\nIt therefore can’t be guaranteed that Bitcoin will be usable at an appreciably large scale, and that one of its rivals won’t overtake it at a certain point as the most functional cryptocurrency. For example, Bitcoin Cash — which was born when developers forked away from the main Bitcoin blockchain on August 1, 2017  — now has a 32MB block size limit. This is 3200 percent bigger than Bitcoin's block size of 1MB, giving it a maximum capacity of around 224 transactions per second.\n\nIt was largely in view of its superior speed that entrepreneur and Bitcoin-Cash cheerleader Roger Ver said in April:\n\n\"Bitcoin Core is having negative merchant adoption around the world. Bitcoin Cash is having positive merchant adoption around the world.\"\n\nHowever, Bitcoin Cash has a few drawbacks of its own — e.g. its transaction fees aren't always cheaper than Bitcoin's — and it isn't the only rival to Bitcoin's crown of being the crypto-payment method of choice. Ripple, for instance, doesn't use mining in its consensus mechanism and can handle a maximum of 50,000 transactions per second, while Litecoin — which is a fork of Bitcoin Core — is four times faster than its older counterpart, due to its shorter block interval time. Similarly, May saw Ethereum release the first version of a system that will see it move to a proof-of-stake consensus mechanism, which could potentially see its scalability and transaction speed increase significantly.\n\nAdoption steadily growing\nWhile the foregoing shows that other cryptocurrencies may hold the key to the future, it doesn't necessarily address the popular conception among some high-profile critics that Bitcoin and its rivals aren't 'real money.' In a now (in)famous blog post trashing blockchains, for instance, Kai Stinchcombe wrote in April that the \"number of retailers accepting cryptocurrency as a form of payment is declining,\" basing this sweeping assertion on a single Morgan Stanley report which found that, out of 500 \"top online merchants,\" the number of them accepting Bitcoin as payment decreased — between 2016 and 2017 — from five to three.\n\nHowever, Bach Nguyen of SatoshiLabs informed Cointelegraph that the overall number is actually increasing. “A year ago, there were 9085 venues registered [with Coinmap],” he states. \"Today, there are 12,801 venues registered.”\n\nThis translates to a rise of 3,716 in a single year, and while 12,801 is probably a drop in the ocean compared to the total number of businesses in the world, it shows that crypto is being used — and increasingly used  — as real money, regardless of its status in the eye of the law or among financial experts.\n\nThat said, widespread, mass adoption of crypto as a method of payment is still many years away, although some analysts believes it's only a matter of time. EToro crypto analyst Mati Greenspan tells Cointelegraph:\n\n\"It is inevitable and is already happening in some parts of the world. Over time economies tend to go through periods of prosperity and hardships. As long as things are stable, there isn't much need for an independent currency. But in places where trust in the government and banks is low, that's where cryptocurrencies tend to thrive.\"\n\nThis observation is born out in Turkey, for example, where inflation of the Turkish lira has reached double-digit figures this year and where more people own crypto than in any other major European nation. This goes to show that cryptocurrencies have the rare opportunity to succeed at the expense of ineffectual governments. And while their scalability issues would indicate that they aren’t completely prepared to make the most of this opportunity right now, their early use in payments already provides them with a secure foundation on which to grow in the future.",
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