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      "permlink": "steemitboard-notify-swampyy-20190319t204614000z",
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      "body": "Congratulations @swampyy! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@swampyy/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@swampyy) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=swampyy)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/carnival/@steemitboard/carnival-challenge-here-are-the-winners\"><img src=\"https://steemitimages.com/64x128/http://i.cubeupload.com/rltzHT.png\"></a></td><td><a href=\"https://steemit.com/carnival/@steemitboard/carnival-challenge-here-are-the-winners\">Carnival Challenge - Here are the winners</a></td></tr></table>\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": "Developers of the most popular bitcoin implementation software have big dreams of crafting a truly global form of money, and as such, you can say they have a lot on their plates.\n\nThe breadth of their to-do lists was easy to see at a recent annual meeting in New York, where, in a change of pace from the internet channels they’re known to frequent, many of the software’s most-active developers come together to coordinate. In a conversation transcribed by contributor Bryan Bishop, they discussed a mish-mash of code priorities for the coming year, giving a peek into how the team makes decisions and the technical hurdles they hope to jump next.\n\nThough not all developers were in attendance, the transcript provides an inside look into the near-term focus of a few key developers, including long-time Bitcoin Core contributors Pieter Wuille, Matt Corallo and Cory Fields. It also provided a look behind the scenes, where contributors are toiling away on an array of changes to the code that now secures more than $147 billion.\n\nIndeed, much of the conversation centered on touching up the way the team reviews and adds new code. One major pain point is that, while developers are submitting tons of code changes, there are only so many developers knowledgeable enough to battletest them for bugs, ensuring they’re ready to be added to the code securing so much money.\n\n“As a reviewer, there’s no way I’m going to get through all of this and it’s actively discouraging,” one developer said.\n\nSome code changes are even getting lost due to the load. Another developer even went so far as to call the growing list of proposed changes “a dead graveyard of cool ideas.”\n\nScattered priorities\nYet, this isn’t stopping developers from working on other new features.\n\nFields, a contributor at MIT, has long been working on sprucing up the peer-to-peer network code connecting all the nodes across the global network.\n\nIn an earlier interview with CoinDesk, he called bitcoin’s code a “monolithic blob” that developers have been trying to untangle since it was first put forth in 2009. Though he’s been combing through the code’s peer-to-peer layer for years, he revealed in the meeting that he’s “almost done.”\n\nHe’s also working on a feature building upon bitcoin’s unspent transaction outputs (UTXOs), the pool of bitcoin transaction data that can be spent in new transactions. Though his description of the new feature was thin, he said he plans to reveal more “soon” in an email to the popular bitcoin developer mailing list.\n\nThis goes to highlight the distributed nature of working on open-source code, where each developer works on whatever he or she chooses. Though developers are constantly chatting about their work on the internet, some might not have any idea that someone else is working on a big feature until they post it to a widely-read forum – such as the official mailing list.\n\nThen there’s Wuille. Perhaps the best-known Bitcoin Core contributor, he’s responsible for SegWit, a much-lauded scaling code change that activated on bitcoin last year.\n\nHis update at the meeting was succinct, but he reiterated that he’s focused on another much-anticipated scaling change, signature aggregation. Plus, he’s looking at increasing privacy by hiding messages sent across the with “peer-to-peer” network – the very same layer Fields is tearing apart.\n\n\n \nCorallo’s update was perhaps the most technical, describing in detail how he’s splitting up the codebase into chunks that are easier for developers to manage.\n\nThere’s one particularly messy piece that he describes as “super complex,” which more than one developer has tried to untangle. He’s not fazed by it though. “I want to take another shot,” he said.\n\nDefending sovereignty\nCorallo is one of many developers focused on making Bitcoin Core full nodes software easier for non-technical people to use. Though the code is widely-considered to offer the most secure way of using bitcoin, it’s notoriously difficult to set up, taking days or even weeks to download.\n\nChaincode co-founder and Bitcoin Core contributor Alex Morcos explained in the meeting why he believes it’s so important to make it easier to run.\n\nThough there’s a “cultural push” to run nodes, Morcos said, he worries many users don’t understand the “real reason” to run one. He thinks it’s to be “sovereign,” or being able to tell if transactions are valid or not without trusting anyone else – basically the point of bitcoin in the first place.\n\nMorcos put forward a few ideas for making this full-node-driven sovereignty possible for everyone.\n\nPerhaps one of the biggest problems with bitcoin full nodes is the software is so large, smartphones can’t handle them. The software is kind of stuck in one place, with users likely to spin up the node on a computer permanently located at home or at a business.\n\nBut Morcos believes there’s a way around this. One day, users will hopefully be able to connect smartphones to the nodes running at home, boosting their security. “And then it’s ready to go wherever you go,” he said.\n\nAlong these lines, Corallo broached the idea of making it possible to check a full node for information about keys stored elsewhere – in a hardware wallet, for example, which is considered one of the securest ways of storing private keys. But, though this would make using the software more convenient, he’s been having trouble implementing it.\n\nMorcos told CoinDesk that though he’s interested in these ideas, it isn’t his main focus right now. “I don’t know if I have a particular focus,” he said, succinctly summarizing the loose open-source code process.\n\nBut it does highlight that full node inconveniences are a pressing concern![shutterstock_37736293-e1521740676141-800x400.jpg](https://steemitimages.com/DQmNMDfxAoDZDMr1RkpKCrBUCCuTmDBvFULMKGp6NkmUT1d/shutterstock_37736293-e1521740676141-800x400.jpg)",
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      "body": "The Facebook fallout could be good news for blockchain technology, said Mitch Steves, analyst at RBC Capital Markets.\n\n“In the future, someone like yourself no longer has to give their photos to Facebook,” Steves said Wednesday on CNBC’s “Fast Money,” on how blockchain would work with social media. “Instead, you could just share that photo specifically with people, and then you’d be able to track it and make sure it’s not shared with someone who gets access to your information.”\n\n“You can 100 percent track all this stuff,” he said. “I think that’s where we’re going long term.”\n\nWhile blockchain, the online ledger technology underlying bitcoin and other cryptocurrencies, would allow users to keep tabs on their data and how it is being shared, it would not allow users to prevent misuse in the first place, Steves said. “Blockchain would solve the transparency issue, but it would not solve the control issue you have.”\n\nPrivacy issues came to the fore after The New York Times and the Guardian’s Observer reported Saturday that political data analytics firm Cambridge Analytica improperly gained access to personal data of more than 50 million Facebook users.Despite being aware of the misuse since 2015, Facebook did not alert its users.\n\n\n \nFacebook founder and CEO Mark Zuckerberg spoke out on Wednesday for the first time since the news broke. In a Facebook post he wrote, “We have a responsibility to protect your data.” But the stock tumbled considerably this week.\n\n“Big tech and the centralized control isn’t working,” said Susan Och, senior fellow at the nonpartisan think tank New America.\n\n“This is why distributed ledger technology is taking off,” Och said on “Closing Bell” Wednesday.\n\nDespite the recent declines of bitcoin and other digital currencies, Steves predicted that cryptocurrencies and the underlying blockchain technology could swell into a $10 trillion industry within the next 15 years. The use of decentralized computing and open source software will help this market develop, he said.\n\nBitcoin was one of the first applications of blockchain technology nearly a decade ago. The same technology has been used by developers to create other digital currencies.![104584754-GettyImages-676338290.1910x1000-800x400.jpg](https://steemitimages.com/DQmTNX9HezEVMazy9kkbspCGTWTQdvCvxsFcUdPeaTBdF2L/104584754-GettyImages-676338290.1910x1000-800x400.jpg)",
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      "title": "Blockchain Tech Could Fight Child Labor and Human Rights Abuses in Cobalt Supply Chain",
      "body": "The rise in global demand for cobalt, an essential component of the lithium-ion batteries found in electronics and electric vehicles, should bring prosperity to the people of resource-rich Democratic Republic of Congo. Instead, as has been the status quo for generations, growing demand for limited resources has meant little benefit for the historically troubled country’s ordinary citizens. As demand for the metal continues to soar, cobalt miners have been met with exploitative and illegal industry practices- including wide-spread child labor.\n\nA pilot program, using blockchain technology, could trace the material from the source through the supply chain to instill much-needed accountability in cobalt production.\n\nLack of Accountability\nA recent report by Amnesty International and African Research Watch alleges that world leaders in electronics and automobiles are neglecting basic checks to ensure that cobalt is sourced without the use of exploitative practices. Big names including Apple, Samsung, Sony, Volkswagen, and twelve  other multinationals are indicted in the report. Mark Dummet, Business and Human Rights Researcher at Amnesty International illustrates the crux of the problem-\n\n“Millions of people enjoy the benefits of new technologies but rarely ask how they are made. It is high time the big brands took some responsibility for the mining of the raw materials that make their lucrative products.”\n\nWidespread Abuse\nAccording to the US Geological survey, 66,000 of the 123,000 metric tons of cobalt was mined in the DRC. Conditions in the cobalt mines offer stark contrasts to finely designed, sleek products in which the lustrous, grey metal is integral.\n\nMiners, with little protective equipment, work exhaustive hours with little pay. They risk injury, long-term health issues, and death in the little-regulated cobalt mines. The report noted 80 miners dying in the underground mines from September 2014 to December 2015, with likely many times more remaining unreported.\n\n\n \nAccording to a 2014 report by UNICEF 40,000 children were estimated to be working the mines in southern parts of DRC, the majority in the cobalt industry. In the Amnesty International report, children reported being forced to work 12 hour days underground for $1-2 a day.\n\nBlockchain Initiative\nA pilot program has been developed and is aimed to bring accountability to the industry. Though some companies such as Apple and Samsung have already joined a Responsible Cobalt Initiative, accountability is difficult in the DRC where appropriate institutions are lacking or non-existent.\n\nTaking a cue from the diamond industry, the cobalt industry plans to use blockchain’s distributed ledger to offer some assurances for consumers, though researchers admit it may be difficult given the economic and political realities in the Congo.\n\n“We are prototyping, iterating, testing, scaling…. The technology is not the hard part,” explained Sheila Warren, head of Blockchain Policy at the World Economic Forum.\n\nThe proposal intends to provide every bag of verified, artisanally produced cobalt an immutable digital identity. This allows it to be recorded by various actors along the supply chain, from at-site observers all the way to the smelting facility, and on to the end consumer.\n\nAs smartphones become ubiquitous and the electric car revolution gears up, it alludes to the possibility of a more connected, open, and cleaner world. But, as is often the case in globalized production, those benefits do not currently extend to the most vulnerable populations. With the advent of blockchain based accountability measures, the veil that separates consumers from the workers that make technological innovations possible may be beginning to lift.![Batteries-800x400.jpg](https://steemitimages.com/DQmTzTSsmnJ6DK9DqNEUWWvennsT1nX3ynFqNmEDG46mxFP/Batteries-800x400.jpg)",
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      "body": "On March 19, China’s National People’s Congress voted to approve President Jinping’s nominee to oversee the People’s Bank of China (PBoC). The appointment was not a surprise, for Yi Gang was already serving as deputy governor. The Beijing-born official is believed to have taken up his position with immediate effect. Zhou Xiaochuan, who stepped down from the role, was widely seen as a liberal governor, and it’s likely that Yi will continue where his predecessor left off.\n\n \nYi Gang has previously spoken positively about bitcoin, going so far as to call it “inspiring” or “enlightening” in an address made in 2013. He appears to have been happy for Chinese citizens to engage in the buying and selling of bitcoin online, regarding it as a distinctly separate activity from trading currency. When speaking to the G20 summit in 2016, Yi also spoke positively of blockchain technology.\n\nA Progressive for a New Era?\n“It seems that the incoming governor Yi Gang is more crypto progressive,” noted Youtuber “Boxmining”, giving his thoughts on the appointment. As governor of the world’s largest central bank based on asset holdings, Yi is sure to be careful about how he chooses his words from now on. A ringing endorsement of cryptocurrency is unlikely. Even a laissez-faire approach that enabled bitcoiners to ply their trade without government intervention would herald good news for China and for the global crypto economy.\n\n![yi-gang-800x400.jpg](https://steemitimages.com/DQmTkejUsnEsSKEgPo1FBCXEDYTkEE5gATFdz952VzaHsSV/yi-gang-800x400.jpg)",
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      "body": "Congratulations @swampyy! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@swampyy) Award for the number of upvotes received\n\nClick on any badge to view your own Board of Honor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\n> Upvote this notification to help all Steemit users. Learn why [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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      "body": "For future viewers: price of bitcoin at the moment of posting is 8525.00USD",
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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://www.coindesk.com/canadas-versabank-lands-2-prospects-use-crypto-vault/",
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