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      "body": "Congratulations @poorandstandard! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@poorandstandard/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@poorandstandard) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=poorandstandard)_</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!",
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      "body": "Congratulations @poorandstandard! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@poorandstandard/birthday1.png</td><td>1 Year on Steemit</td></tr></table>\n\n<sub>_[Click here to view your Board](https://steemitboard.com/@poorandstandard)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steem/@steemitboard/steemwhales-has-officially-moved-to-steemitboard-ranking\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmfRVpHQhLDhnjDtqck8GPv9NPvNKPfMsDaAFDE1D9Er2Z/header_ranking.png\"></a></td><td><a href=\"https://steemit.com/steem/@steemitboard/steemwhales-has-officially-moved-to-steemitboard-ranking\">SteemWhales has officially moved to SteemitBoard Ranking</a></td></tr><tr><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-witness-update-2019-01-07\"><img src=\"https://steemitimages.com/64x128/http://i.cubeupload.com/7CiQEO.png\"></a></td><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-witness-update-2019-01-07\">SteemitBoard - Witness Update</a></td></tr></table>\n\n> Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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      "title": "MATRIX (MAN): THE AI Blockchain 3.0",
      "body": "@@ -4550,17 +4550,17 @@\n  and was\n-%0A\n+ \n with Sam\n@@ -4611,18 +4611,16 @@\n ngineer.\n-).\n %0A* John \n",
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      "title": "MATRIX (MAN): THE AI Blockchain 3.0",
      "body": "I already briefly mentioned MATRIX (MAN) in my last post. Back then the ICO wasn't over yet and I wanted to give my (very few) readers the chance to get in. Anyways, it is still very early as Coinmarketcap hasn't even listed them yet and they are only traded on decentralised exchanges. \nIn the following I will first just list a short summary of their approach to blockchain and give my opinion on it afterwards\n\n\n**What is MATRIX**\nMATRIX (MAN) is an open-source blockchain which supports smart contracts and utilises machine learning services to outpower the concurrency.\nThey divide their innovational approaches into four branches.\n\n**Intelligent Contract**\nMatrix will come with an originally integrated UI which allows to transform language into code. Meaning, you can just type the conditions of your smart contract  and the AI will write the code for you, in realtime, no programming skills needed. \n\n**Aegis**\nIn addition the AI will also help to protect your assets as I will constantly look out for shiffing holes and stuff them. You can basically imagine this as an integrated anti spying software which keeps your holdings and contracts safe. This security feature will consist of four different components:\n* a rule-based semantic and syntactic analysis engine for smart contracts \n* a formal verification toolkit to prove the security properties of smart contracts \n* an AI-based detection engine for transaction model identification and security checking \n* a deep learning based platform for dynamic security verification and enhancement.\n\n**Wormhole Network**\nMATRIX claims that their blockchain network will scale up to 1 million transactions per second, making it even faster than Visa. They aim to enable high-speed transactions by dynamically generating a hierarchy in the blockchain network. A distributed clustering algorithm is devised to cluster nodes into disparate groups and a delegate is voted in each group with an evaluation function considering both fairness and randomness.\n\n**Darwinian Revolution**\nA proactive optimization engine is embedded in the bottom protocol layer of MATRIX so that blockchain parameters are dynamically updated according to external conditions. In addition to maintaining the efficiency and applicability, the dynamic optimization scheme prevents the risk of hard fork in each software release and parameter update.\nEvery node in the MATRIX blockchain is associated with one control chain and at least one data chain. Both chains are coordinated by a distributed consensus scheme. The control chain is equipped with a rich set of AI models and behavioral specifications for data chains. The data chain performs data operations and collaborates with other chains and routers under the administration of the control chain. The introduction of the control chain enables MATRIX to exchange data and executes contracts with other blockchains.\n\nMATRIX will work on a hybrid PoW & PoS consensus based on stochastic network contraction to not only prevent latency problems and provide more guarantee and safety than the private channels of a lightning network, but it will also allow the mining power to serve it's AI based big data applications.\n\nIn fact the first application will be a diagnosis system for use in hospitals which uses AI to assist in cancer diagnoses. It is already under development together with the Beijing Cancer Hospital and other large hospitals in the area. This *might* illustrate future the government blessing and support. \n\n**The Team behind MATRIX**\n* Owen Tao (CEO): Double majored in Economics/Physics. Supervised the development of China’s 3D virtual community. He also led the development of China’s first cross border e-commerce platform, which had 20 million users worldwide. Has successfully been the CEO of multiple startup companies that have touted millions of users.\n* Steve Deng (Chief AI Scientist): An associate professor at Tsinghua University, and earned his P.H.D from Carnegie Mellon University. Steve was the principal architect for artificial intelligence behind China’s high speed railway early warning system. His work in deep learning based image detection was ranked number 1 in top academic challenges, including the PASCAL 2 AI competition and the Nvidia partnership professor award. So far he has published over 50 papers.\n* Tim Chi (Chief Chip Scientist: Former Principal System Architect of AMD and also responsible for the technology partnership of AMD with companies and universities in greater china. Worked also for Synopsys and ARM and was\nwith Samsung Semiconductor as a senior chip design engineer.).\n* John Zhu (Senior VP): Has over 20 years of experience in management, marketing, and government relations. Supervised the construction of a multi-satellite ground station for the Moon Discovery Project.\n* Bill Li (Chief Network Architect)i: Lead the design of China’s first WiFi transceiver. Also designed the communications command and control system for China’s first aircraft carrier. His book “Communication IC Design” is a best seller and used by many prestigious universities.\n* Dr. Donglin Wang(Advisor): Director of the National ASIC Design Center, the Institute of Automation, and also Chinese Academy of Sciences. Voted as the Expert with Outstanding Contributions to China’s Defense Science and Technology.\n* Tony Surtees (Advisor): CEO of Hyperlocalizer Pty Ltd, a cloud based content management platform. He’s held strategic roles at companies in Australia, Asia, and the US. Tony is responsible for the launch of Yahoo shopping.\n\nOn a side note: in 2017 the Team was able to beat both Microsoft and Intel in an AI competition.\n\nThe most mentionable partners of Matrix so far are Hyperledger, Smartmesh and the Chine Association for Artificial Intellegence.\n\nMatrix is also able to count the CTO of Alibaba Group’s F&H Fund Management is an one of their angel investor..\n\n\n**Why I like MATRIX**\nTo be honest with you, I am no developer and I don't understand the parts of the white paper that explain the code solutions for the problems that MATRIX tries to solve.. but what I do understand is that MATRIX has the most professional team I have seen in blockchain so far. Don't get me wrong here, I am impressed by kid geniuses like Vitalik, Amrit (Zilliqa), etc. and their projects have/will prove anyone that their young age is no disadvantage and that they use their intellect to make up for a potential lack of business experience. Yet Matrix comes with a team has both the geniuses and the experience in the real business world. \n(I do not say MATRIX will overcome Ethereum nor Zilliqa, there is enough space for all those chains, hear me out).\nI also like MATRIX' approach to a broader and less technical audience. The integration of AI to allow anyone to write smart contracts is amazing and will most-likely enable a big step for adoption. \n(Just like me) They also understand that there will be different use cases for each blockchain and therefore plan to integrate cross-chain interoperability early on.\nOverall their claims and aims are far beyond the capabilities of the current generations of blockchain, with a team like theirs it might be possible to make this come true though.\n\nFor further information, please go to their website: [](https://www.matrixchain.io/index.html)\n\nThis is no financial advice as I am no financial advisor.\nPlease DYOR.\nThis is not part of any bounty program and I am not getting paid for this article (unless you up vote me :P)",
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      "title": "MATRIX (MAN): THE AI Blockchain 3.0",
      "body": "I already briefly mentioned MATRIX (MAN) in my last post. Back then the ICO wasn't over yet and I wanted to give my (very few) readers the chance to get in. Anyways, it is still very early as Coinmarketcap hasn't even listed them yet and they are only traded on decentralised exchanges. \nIn the following I will first just list a short summary of their approach to blockchain and give my opinion on it afterwards\n\n\n**What is MATRIX**\nMATRIX (MAN) is an open-source blockchain which supports smart contracts and utilises machine learning services to outpower the concurrency.\nThey divide their innovational approaches into four branches.\n\n**Intelligent Contract**\nMatrix will come with an originally integrated UI which allows to transform language into code. Meaning, you can just type the conditions of your smart contract  and the AI will write the code for you, in realtime, no programming skills needed. \n\n**Aegis**\nIn addition the AI will also help to protect your assets as I will constantly look out for shiffing holes and stuff them. You can basically imagine this as an integrated anti spying software which keeps your holdings and contracts safe. This security feature will consist of four different components:\n* a rule-based semantic and syntactic analysis engine for smart contracts \n* a formal verification toolkit to prove the security properties of smart contracts \n* an AI-based detection engine for transaction model identification and security checking \n* a deep learning based platform for dynamic security verification and enhancement.\n\n**Wormhole Network**\nMATRIX claims that their blockchain network will scale up to 1 million transactions per second, making it even faster than Visa. They aim to enable high-speed transactions by dynamically generating a hierarchy in the blockchain network. A distributed clustering algorithm is devised to cluster nodes into disparate groups and a delegate is voted in each group with an evaluation function considering both fairness and randomness.\n\n**Darwinian Revolution**\nA proactive optimization engine is embedded in the bottom protocol layer of MATRIX so that blockchain parameters are dynamically updated according to external conditions. In addition to maintaining the efficiency and applicability, the dynamic optimization scheme prevents the risk of hard fork in each software release and parameter update.\nEvery node in the MATRIX blockchain is associated with one control chain and at least one data chain. Both chains are coordinated by a distributed consensus scheme. The control chain is equipped with a rich set of AI models and behavioral specifications for data chains. The data chain performs data operations and collaborates with other chains and routers under the administration of the control chain. The introduction of the control chain enables MATRIX to exchange data and executes contracts with other blockchains.\n\nMATRIX will work on a hybrid PoW & PoS consensus based on stochastic network contraction to not only prevent latency problems and provide more guarantee and safety than the private channels of a lightning network, but it will also allow the mining power to serve it's AI based big data applications.\n\nIn fact the first application will be a diagnosis system for use in hospitals which uses AI to assist in cancer diagnoses. It is already under development together with the Beijing Cancer Hospital and other large hospitals in the area. This *might* illustrate future the government blessing and support. \n\n**The Team behind MATRIX**\n* Owen Tao (CEO): Double majored in Economics/Physics. Supervised the development of China’s 3D virtual community. He also led the development of China’s first cross border e-commerce platform, which had 20 million users worldwide. Has successfully been the CEO of multiple startup companies that have touted millions of users.\n* Steve Deng (Chief AI Scientist): An associate professor at Tsinghua University, and earned his P.H.D from Carnegie Mellon University. Steve was the principal architect for artificial intelligence behind China’s high speed railway early warning system. His work in deep learning based image detection was ranked number 1 in top academic challenges, including the PASCAL 2 AI competition and the Nvidia partnership professor award. So far he has published over 50 papers.\n* Tim Chi (Chief Chip Scientist: Former Principal System Architect of AMD and also responsible for the technology partnership of AMD with companies and universities in greater china. Worked also for Synopsys and ARM and was\nwith Samsung Semiconductor as a senior chip design engineer.).\n* John Zhu (Senior VP): Has over 20 years of experience in management, marketing, and government relations. Supervised the construction of a multi-satellite ground station for the Moon Discovery Project.\n* Bill Li (Chief Network Architect)i: Lead the design of China’s first WiFi transceiver. Also designed the communications command and control system for China’s first aircraft carrier. His book “Communication IC Design” is a best seller and used by many prestigious universities.\n* Dr. Donglin Wang(Advisor): Director of the National ASIC Design Center, the Institute of Automation, and also Chinese Academy of Sciences. Voted as the Expert with Outstanding Contributions to China’s Defense Science and Technology.\n* Tony Surtees (Advisor): CEO of Hyperlocalizer Pty Ltd, a cloud based content management platform. He’s held strategic roles at companies in Australia, Asia, and the US. Tony is responsible for the launch of Yahoo shopping.\n\nOn a side note: in 2017 the Team was able to beat both Microsoft and Intel in an AI competition.\n\nThe most mentionable partners of Matrix so far are Hyperledger, Smartmesh and the Chine Association for Artificial Intellegence.\n\nMatrix is also able to count the CTO of Alibaba Group’s F&H Fund Management is an one of their angel investor..\n\n\n**Why I like MATRIX**\nTo be honest with you, I am no developer and I don't understand the parts of the white paper that explain the code solutions for the problems that MATRIX tries to solve.. but what I do understand is that MATRIX has the most professional team I have seen in blockchain so far. Don't get me wrong here, I am impressed by kid geniuses like Vitalik, Amrit (Zilliqa, etc. and their projects have/will prove anyone that their young age is no disadvantage and that they use their intellect to make up for a potential lack of business experience. Yet Matrix comes with a team has both the geniuses and the experience in the real business world. \n(I do not say MATRIX will overcome Ethereum nor Zilliqa, there is enough space for all those chains, hear me out).\nI also like MATRIX' approach to a broader and less technical audience. The integration of AI to allow anyone to write smart contracts is amazing and will most-likely enable a big step for adoption. \n(Just like me) They also understand that there will be different use cases for each blockchain and therefore plan to integrate cross-chain interoperability early on.\nOverall their claims and aims are far beyond the capabilities of the current generations of blockchain, with a team like theirs it might be possible to make this come true though.\n\nFor further information, please go to their website: [](https://www.matrixchain.io/index.html)\n\nThis is no financial advice as I am no financial advisor.\nPlease DYOR.\nThis is not part of any bounty program and I am not getting paid for this article (unless you up vote me :P)",
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      "body": "@@ -3687,16 +3687,106 @@\n ssets.%0A%0A\n+Feel free to post any questions and remarks in the comments, I will try to respond ASAP.%0A%0A\n Disclaim\n",
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      "body": "Coinmarketcap is suffering heavy menstrual cramps.\nKorea, China, other governments and big banks with ties to those stir up the fear.\nBubble graph images transparently laid over the BTC/USD graph pop up all over crypto social media.. posted by apparent prophets who fight each other over credibility and attention.\n\nAre they right perhaps?!\n\n**In my opinion** the bubble is far off from popping (I will add an overlay of the BTC/USD graph later on)! Yet, we are most-likely entering a (much needed) bear period now and governments and big institutions misuse their influence and authority based credibility to make use of it (either they are getting in themselves or buy time to be prepared for potential disruption).\nRemember 3 days after Jamie Dimon told people Bitcoin was a scam and he would fire any employee who would buy into it (which coincided with the last China FUD), JP Morgan bought heavily into Bitcoin! Back then we also entered a short period of bear market from which BTC recovered fastest.\n\n**Why I think the bubble isn't popping now**\n\n* The whole fear spread by governments and big institutions if far to well orchestrated \n* Crypto didn't even hit the 1 trillion USD market cap (the Tulip Bubble popped at 1 trillion, the Dot-Com Bubble popped at 6 trillion)\n* Hardly any Crypto company had a chance to fail in the real world yet\n\nAlso if you compare Crypto to the phases of the bubble graph institutional money just came in and media attention just started to rise!\n\n**What lows are to expect**\n\n![](https://www.coinigy.com/s/i/5a5e54c4b79bf/)\n\nAfter BTC first dropped I was convinced it would fall back to upper red line to form a cup with handle (I will add this drawing shortly). This would have fitted the bear trap on the bubble graph really well. Unfortunately I got carried away with the massive Alt gains lately (this is why i drew the orange line, believing it might form a symmetrical triangle). \nThe falling wedge that I drew is very hyperbolic in my opinion. I should have probably also used a log scale, but I simply don't like looking at those. \nBTC now touched both lines of the former upward channel and **could** be forming a descending triangle after showing a double bottom here. \nHowever if the FUD intensifies, we might see it dropping to the red emergency lines (around $8-9K and $5-5.5K).\n\n![](https://www.coinigy.com/s/i/5a5e57cd27645/)\n\nETH broke the upward channel with a sudden 77° upward trend, so besides the fact that correction was over due anyways, its a healthy sign that it bounced off the former support. \n\n![](https://www.coinigy.com/s/i/5a5e68f78a556/)\nIt did not double bottom yet but slowly creeps up the support again.\nHowever as for Bitcoin, if FUD intensifies, we might see it dropping to the lower lines (around $800-850 and $650-700)\n\nBy the way it is no coincidence that the next level of support of both BTC and ETH are around -20-30% of the current price!\n\n**How I plan to get through the bear period**\n\nWhile of course shorting is one (very efficient) method to get through the bear market, many people don't feel safe utilising it. \nAs for myself I am glad to have a lot of my funds locked up in ICOs which will release over the course of the next month. Right now I try not to invest into things which necessarily need real world adoption but are genuinely focusing on crypto. I will put up a few posts about what assets I like to pick up during this accounts and which ICOs besides Matrixchain I locked up my funds in.\nMake sure to check out my friend [Kingsley](https://steemit.com/@kadvani1) as he is always up to date with upcoming or undervalued crypto assets.\n\nDisclaimer:\n**This is no financial advice**\n**I am not a financial advisor**\n**I simply post my opinion about current events hoping to perhaps open a dialog**",
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