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      "author": "romeozor",
      "body": "@@ -1,20 +1,57 @@\n Crypto \n+**I**nitial **C**oin **O**fferings (\n ICO's\n+)\n  are pop\n@@ -112,16 +112,26 @@\n ncrease \n+potential \n investor\n@@ -495,17 +495,117 @@\n ect name\n-.\n+, etc. **Quantstamp could be incorporated as a new means to increase the perceived value of an ICO.**\n %0A%0AA lot \n@@ -738,16 +738,181 @@\n efunds).\n+ Since Quantstamp's goal is to audit smart contracts, it's easy to see how a project that does this simple gesture could benefit from an increase of trustworthiness.\n %0A%0AQuants\n",
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      "body": "Crypto ICO's are popping up like mushrooms, fighting for the rankings to increase investor trust. Some are well-established, some don't have experience nor guidance to solidify their vision as something worthwhile investing in.\n\nPeople devised different aspects to rate ICO's such as: maturity of team, viability of project, token metadata, existence of MVP, even the project name.\n\nA lot of ICO's request funds to be deposited with the help of smart contracts with different policies (min/max amount, returns and refunds).\n\nQuantstamp could be used as a \"seal of approval\" that the smart contract is indeed free of issues, increasing user confidence that the project cares about the quality of the ICO.",
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      "author": "romeozor",
      "body": "@@ -189,17 +189,17 @@\n tion%0AThe\n-t\n+r\n e were m\n@@ -1685,12 +1685,1008 @@\n eele offers.\n+%0A%0A### Take a breath%0AYou also need to chill out a bit. Remember that coming up with blockchain 4.0 and running an ICO are two very different things, they require totally different skill sets. ICO popularity has risen exponentially in the past months, everyone wants to get into the next big thing as soon as possible. On top of this, Seele was having a whitelist tied to an exam, to make sure people who only want to dump their share on exchanges are kept to a minimum. There is not much experience out there for this kind of whitelisting. Obviously the people in charge had no experience in measuring the community interest and did not research how many people Google can handle. %0A%0AIf you are shaken by the unfortunate whitelisting, you need to look at it from a technical perspective and not an emotional one. The people who came up with *Neural Consensus*, *VTP* and *VHTTP* were not responsible for it. The two are separate. **The values and ideas proposed in the whitepaper are still there**!\n",
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      "author": "luckypower",
      "body": "We can take out a good learn from your blog.It is an educative value. Big thanks !!!",
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      "body": "On Feb. 15th, Seele was set to open its ICO and as we all witnessed, it didn’t turn out well. \n\nI think it can be summarized as a poor attempt, caused by panic reactions.\n\n### Poor preparation\nThete were many signs of the high demand surrounding the project. ICODrops rated its hype as High. Telegram had close to 30k users in the official group. These are low hanging fruit, but not very representative. \n\nGoogle Analytics could’ve been used to measure the number of users interacting with their site more accurately. Although many use ad blockers that also kills GA, but it still gives valuable numbers. \n\n\n### Poor execution and reaction to user frustration\nA poor decision was to give the Google docs link out before the actual website countdown finished. The explanation was they wanted to prevent scammers promoting malicious links. Since it was announced on every possible channel to be vigilant, this is a poor excuse. It’s easy to get scammed when a lot of people are in the sate of FOMO, but your integrity is far more valuable in my opinion. \n\nAfter everything started to go downhill, there was no response from the admins for a very long time. “Very long time” is relative, but for an angry mob looking at a generic error screen, every second feels like an eternity. \n\n### Takeaway\nIt is clear that if you want a successful ICO, you need to pay attention to the technical aspects. Weather if it’s keeping your Telegram group check, or opening the floodgates to your whitelist, you need technical expertise.\n\nSeele promises a lot of innovation in the Blockchain ecosystem, but if they don’t get their act together, people will move on to project that inevitably copy what Seele offers.",
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      "body": "To understand the proposal of ArcBlock, one must understand the cloud. Let's recap.\nDisclaimer: this has been written for the bounty program.\n\n##### What's the problem with servers?\nRunning a server is hard. A person needs years of training to be able to set up, run, and maintain a server efficiently and securely. The cost of a reliable admin or training one is very high, and then we didn't think of the cost of hardware and software. If you're a small business, you can't afford all this, but you still need a secure server and reliable hosting. Availability? Reach? Backups? Scalability? The list goes on.\n\n##### How does the cloud solve this?\nHosting is pretty obvious. They host whatever you need, how you need it, you just pay after the usage. If you want, you can still babysit a full-blown virtual machine in the could, but why would you do that if you only need a couple of specific features? Host a website, a database, speech recognition, or an AI bot service, and never lose sleep over how it all maintained behind the curtains.\n\n###### What problem does Serverless solve?\nNothing new, really. It's just a paradoxical buzzword. How can something run on the internet if there's no server? Even the cloud has servers, so what's the deal?\n\nImagine a phone app that requires you to register and also provide proof of identity in the form of a scanned passport, plus a selfie holding the passport. The app directly talks to a database running in Microsoft Azure, while facial recognition runs in Amazon AWS, and the app itself is hosted in one of the app stores. If your app gets popular, the services just scale up. Your things are running in the cloud, but also...\n\nYou are running serverless!\n\n###### What is a microservice?\nA microservice is a small unit of code that is designed to solve typically one problem only. These are designed to be light-weight and easily scalable. Microservices can also talk to other microservices.\n\n##### How does ArcBlock leverage all this\n**If you're thinking of building something based on a blockchain**, you need to make a choice which one. Some are massively popular but slow, others are fast, but too new to have a solid backing. \n\nIn the software industry, it is incredibly valuable when you don't have to solve a problem, because someone already solved it for you. **ArcBlock wants to give you the opportunity to not have to worry about which one to pick**.\n\n###### It's all about abstractions\nThe way the cloud abstracts the hassle of managing your servers, ArcBlock abstracts the hassle of learning how each blockchain works. The API provided by their microservices called **Blocklets remove the pain of figuring out how to integrate blockchains into your business**. Blocklets sit on the top and manage the underlying infrastructure from the business functions all the way down to the blockchains.\n\n##### Financial opportunities, ABT tokens\nArcBlock doesn't do *mining* in the classical sense. Being a decentralized system, it requires servers everywhere to run on. If you happen to have a server somewhere, **you can offer your hardware or cloud instance** to participate in the Blockchain as a Service (BaaS) platform. **Your compensation** for the resources used **will be ABT tokens**.\n\nI think there are exciting opportunities both in developing countries, and countries where cloud services couldn't get a foothold yet. Established cloud data center locations are the usual suspects with all the major players: USA, UK, Germany, China. However, there's usually a huge gap right around where Russia is, also Poland or Turkey. If you want to run a blockchain app off the cloud in Istanbul, odds are your data will need to travel all the way to Germany.\n\nI can also see festivals picking up this kind of technology. If you look at the festivals and events in the last 2-3 years, you'll see an increase in the use of virtual currency on the festival grounds. You want a beer, or a slice of pizza? You'll need to exchange your money to the local tokens. Secure and fast transactions are crucial.\n\n###### Worth for developers, too\nThe way Blocklets communicate with blockchains is not trivial. There's no universal language that both sides understand. Adapters are required to create a link between the two sides. Chain adapters are required, just like the driver for your video card, which need to be written by developers. ArcBlock plans to compensate devs who write such adapters and make them available for the public. Although there doesn't need to be a 100 different adapters for a given blockchain, this is the aspect that intrigues me the most being a developer myself.\n\nCheck out ArcBlock on their [site](https://www.arcblock.io/) and read their [whitepaper](https://www.arcblock.io/file/whitepaper/WhitePaperEnV2_en-US.pdf?v=4). My Bitcointalk [profile](https://bitcointalk.org/index.php?action=profile;u=1715458).\n\n[Via my blog](https://lurkingcode.com/2018/01/20/arcblock-the-backend-of-the-blockchain-3/)",
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