Ecoer Logo
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS0.00%
Net Worth
0.007USD
STEEM
0.000STEEM
SBD
0.000SBD
Effective Power
5.001SP
├── Own SP
0.125SP
└── Incoming Deleg
+4.876SP

Detailed Balance

STEEM
balance
0.000STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
0.125SP
Delegated Out
0.000SP
Delegation In
4.876SP
Effective Power
5.001SP
Reward SP (pending)
0.000SP
SBD
sbd_balance
0.000SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.000SBD
{
  "balance": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "reward_steem_balance": "0.000 STEEM",
  "vesting_shares": "203.952771 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "7939.707035 VESTS",
  "sbd_balance": "0.000 SBD",
  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.000 SBD",
  "conversions": []
}

Account Info

namethailang
id911531
rank415,964
reputation96816787
created2018-04-02T16:38:57
recovery_accountsteem
proxyNone
post_count2
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2018-05-21T13:12:36
last_root_post2018-05-21T13:12:36
last_vote_time2018-06-18T10:47:30
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power0
delayed_votes0
balance0.000 STEEM
savings_balance0.000 STEEM
sbd_balance0.000 SBD
savings_sbd_balance0.000 SBD
vesting_shares203.952771 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares7939.707035 VESTS
reward_vesting_balance0.000000 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn0
to_withdraw0
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update1970-01-01T00:00:00
last_account_update2018-04-02T18:27:21
minedNo
sbd_seconds0
sbd_last_interest_payment1970-01-01T00:00:00
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
  "id": 911531,
  "name": "thailang",
  "owner": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM5KhomsD92mLFsz8DpcMrJTEZEjzLBgjejN55La6Co1dW5FkFjo",
        1
      ]
    ]
  },
  "active": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM8beYgJLtP9bE1FkG7t2ZRCNLu1GuwUATWbPofkmemaPYZKadmJ",
        1
      ]
    ]
  },
  "posting": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM6HiMhuxXrEsnGFdjF7BmsU9UUcnz1JzjXucWybrpaew7akDWFE",
        1
      ]
    ]
  },
  "memo_key": "STM6fRd9ygV1stzKBZfwChVXJ3ZEFsD1mrPACoDVEctcM2y3rR29q",
  "json_metadata": "{\"profile\":{\"profile_image\":\"https://www.wallpapersbrowse.com/images/ie/ieljc1u.jpg\",\"cover_image\":\"http://www.creativehdwallpapers.com/uploads/large/background/landscape-nature-background-image.jpg\"}}",
  "posting_json_metadata": "{\"profile\":{\"profile_image\":\"https://www.wallpapersbrowse.com/images/ie/ieljc1u.jpg\",\"cover_image\":\"http://www.creativehdwallpapers.com/uploads/large/background/landscape-nature-background-image.jpg\"}}",
  "proxy": "",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_account_update": "2018-04-02T18:27:21",
  "created": "2018-04-02T16:38:57",
  "mined": false,
  "recovery_account": "steem",
  "last_account_recovery": "1970-01-01T00:00:00",
  "reset_account": "null",
  "comment_count": 0,
  "lifetime_vote_count": 0,
  "post_count": 2,
  "can_vote": true,
  "voting_manabar": {
    "current_mana": "8143659806",
    "last_update_time": 1779088737
  },
  "downvote_manabar": {
    "current_mana": 2035914951,
    "last_update_time": 1779088737
  },
  "voting_power": 0,
  "balance": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "sbd_balance": "0.000 SBD",
  "sbd_seconds": "0",
  "sbd_seconds_last_update": "1970-01-01T00:00:00",
  "sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_sbd_balance": "0.000 SBD",
  "savings_sbd_seconds": "0",
  "savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
  "savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_withdraw_requests": 0,
  "reward_sbd_balance": "0.000 SBD",
  "reward_steem_balance": "0.000 STEEM",
  "reward_vesting_balance": "0.000000 VESTS",
  "reward_vesting_steem": "0.000 STEEM",
  "vesting_shares": "203.952771 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "7939.707035 VESTS",
  "vesting_withdraw_rate": "0.000000 VESTS",
  "next_vesting_withdrawal": "1969-12-31T23:59:59",
  "withdrawn": 0,
  "to_withdraw": 0,
  "withdraw_routes": 0,
  "curation_rewards": 0,
  "posting_rewards": 0,
  "proxied_vsf_votes": [
    0,
    0,
    0,
    0
  ],
  "witnesses_voted_for": 0,
  "last_post": "2018-05-21T13:12:36",
  "last_root_post": "2018-05-21T13:12:36",
  "last_vote_time": "2018-06-18T10:47:30",
  "post_bandwidth": 0,
  "pending_claimed_accounts": 0,
  "vesting_balance": "0.000 STEEM",
  "reputation": 96816787,
  "transfer_history": [],
  "market_history": [],
  "post_history": [],
  "vote_history": [],
  "other_history": [],
  "witness_votes": [],
  "tags_usage": [],
  "guest_bloggers": [],
  "rank": 415964
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
steemdelegated 4.876 SP to @thailang
2026/05/18 07:18:57
delegatorsteem
delegateethailang
vesting shares7939.707035 VESTS
Transaction InfoBlock #106151889/Trx 17148594b25adebef778f0d2f94c2157eb66be1e
View Raw JSON Data
{
  "trx_id": "17148594b25adebef778f0d2f94c2157eb66be1e",
  "block": 106151889,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T07:18:57",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "7939.707035 VESTS"
    }
  ]
}
steemdelegated 3.210 SP to @thailang
2026/05/13 08:32:15
delegatorsteem
delegateethailang
vesting shares5227.496630 VESTS
Transaction InfoBlock #106010068/Trx d3022182b343d6e20e5652f706aa642182e100af
View Raw JSON Data
{
  "trx_id": "d3022182b343d6e20e5652f706aa642182e100af",
  "block": 106010068,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-13T08:32:15",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "5227.496630 VESTS"
    }
  ]
}
steemdelegated 4.884 SP to @thailang
2026/04/26 06:29:21
delegatorsteem
delegateethailang
vesting shares7952.222791 VESTS
Transaction InfoBlock #105519345/Trx 08ae9a78763d9e2c21e2502690be476916865653
View Raw JSON Data
{
  "trx_id": "08ae9a78763d9e2c21e2502690be476916865653",
  "block": 105519345,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-04-26T06:29:21",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "7952.222791 VESTS"
    }
  ]
}
steemdelegated 3.236 SP to @thailang
2026/01/24 02:49:03
delegatorsteem
delegateethailang
vesting shares5269.043449 VESTS
Transaction InfoBlock #102874582/Trx 0e23584c6533b7e02880c54d2a5260826703f6ed
View Raw JSON Data
{
  "trx_id": "0e23584c6533b7e02880c54d2a5260826703f6ed",
  "block": 102874582,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-01-24T02:49:03",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "5269.043449 VESTS"
    }
  ]
}
steemdelegated 3.337 SP to @thailang
2024/12/17 21:57:48
delegatorsteem
delegateethailang
vesting shares5433.262646 VESTS
Transaction InfoBlock #91320778/Trx 061564b1bacc351688e61f856493ff067d4bcd08
View Raw JSON Data
{
  "trx_id": "061564b1bacc351688e61f856493ff067d4bcd08",
  "block": 91320778,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2024-12-17T21:57:48",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "5433.262646 VESTS"
    }
  ]
}
steemdelegated 3.440 SP to @thailang
2023/11/14 13:36:54
delegatorsteem
delegateethailang
vesting shares5602.396178 VESTS
Transaction InfoBlock #79874878/Trx 67f5b79d87fca5f4bc81d3c8c58f939ec17034af
View Raw JSON Data
{
  "trx_id": "67f5b79d87fca5f4bc81d3c8c58f939ec17034af",
  "block": 79874878,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2023-11-14T13:36:54",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "5602.396178 VESTS"
    }
  ]
}
steemdelegated 5.244 SP to @thailang
2023/09/22 11:36:36
delegatorsteem
delegateethailang
vesting shares8539.304964 VESTS
Transaction InfoBlock #78364322/Trx b486738e224e926d4066338d0b4f7c980a4c014d
View Raw JSON Data
{
  "trx_id": "b486738e224e926d4066338d0b4f7c980a4c014d",
  "block": 78364322,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2023-09-22T11:36:36",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "8539.304964 VESTS"
    }
  ]
}
steemdelegated 5.380 SP to @thailang
2022/11/03 18:55:27
delegatorsteem
delegateethailang
vesting shares8761.356402 VESTS
Transaction InfoBlock #69121884/Trx fe9a3ad06f60217d14ab0c2a2a3c0c07208c184f
View Raw JSON Data
{
  "trx_id": "fe9a3ad06f60217d14ab0c2a2a3c0c07208c184f",
  "block": 69121884,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-11-03T18:55:27",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "8761.356402 VESTS"
    }
  ]
}
steemdelegated 5.516 SP to @thailang
2022/01/18 00:01:03
delegatorsteem
delegateethailang
vesting shares8981.464003 VESTS
Transaction InfoBlock #60825010/Trx 8d5b800e54ad0e0777df09295e771a562270348e
View Raw JSON Data
{
  "trx_id": "8d5b800e54ad0e0777df09295e771a562270348e",
  "block": 60825010,
  "trx_in_block": 27,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-01-18T00:01:03",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "8981.464003 VESTS"
    }
  ]
}
steemdelegated 5.629 SP to @thailang
2021/06/14 07:09:21
delegatorsteem
delegateethailang
vesting shares9165.658291 VESTS
Transaction InfoBlock #54615277/Trx 57ba9ca015bc93d3d203158a33f488a4e5490f40
View Raw JSON Data
{
  "trx_id": "57ba9ca015bc93d3d203158a33f488a4e5490f40",
  "block": 54615277,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-06-14T07:09:21",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "9165.658291 VESTS"
    }
  ]
}
steemdelegated 5.744 SP to @thailang
2020/12/11 17:20:42
delegatorsteem
delegateethailang
vesting shares9353.080265 VESTS
Transaction InfoBlock #49362511/Trx 1a394871be1cace1d59e24af8269eacd28744450
View Raw JSON Data
{
  "trx_id": "1a394871be1cace1d59e24af8269eacd28744450",
  "block": 49362511,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-11T17:20:42",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "9353.080265 VESTS"
    }
  ]
}
steemdelegated 1.175 SP to @thailang
2020/12/06 10:56:00
delegatorsteem
delegateethailang
vesting shares1912.543513 VESTS
Transaction InfoBlock #49214022/Trx a5d9afd1c29ec783aa338528edfd00bb614421f7
View Raw JSON Data
{
  "trx_id": "a5d9afd1c29ec783aa338528edfd00bb614421f7",
  "block": 49214022,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-06T10:56:00",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "1912.543513 VESTS"
    }
  ]
}
steemdelegated 5.748 SP to @thailang
2020/12/05 20:58:39
delegatorsteem
delegateethailang
vesting shares9359.288119 VESTS
Transaction InfoBlock #49197596/Trx 62d8175f0f6831baec779e687e6aa12184c949b0
View Raw JSON Data
{
  "trx_id": "62d8175f0f6831baec779e687e6aa12184c949b0",
  "block": 49197596,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-05T20:58:39",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "9359.288119 VESTS"
    }
  ]
}
steemdelegated 1.179 SP to @thailang
2020/11/03 04:34:06
delegatorsteem
delegateethailang
vesting shares1920.017158 VESTS
Transaction InfoBlock #48273022/Trx c7e96ddd3ed2c8e553287dd1336eeea036251bfd
View Raw JSON Data
{
  "trx_id": "c7e96ddd3ed2c8e553287dd1336eeea036251bfd",
  "block": 48273022,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-11-03T04:34:06",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "1920.017158 VESTS"
    }
  ]
}
steemdelegated 5.872 SP to @thailang
2020/05/09 12:00:03
delegatorsteem
delegateethailang
vesting shares9562.093478 VESTS
Transaction InfoBlock #43224369/Trx a47ca48f976a0c42d63dc0df331dfe0f31f8670c
View Raw JSON Data
{
  "trx_id": "a47ca48f976a0c42d63dc0df331dfe0f31f8670c",
  "block": 43224369,
  "trx_in_block": 29,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-05-09T12:00:03",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "9562.093478 VESTS"
    }
  ]
}
steemdelegated 1.200 SP to @thailang
2020/05/08 16:32:24
delegatorsteem
delegateethailang
vesting shares1953.311140 VESTS
Transaction InfoBlock #43201570/Trx 045bf766f7a9cf1a0599bf03a780a0279926fc24
View Raw JSON Data
{
  "trx_id": "045bf766f7a9cf1a0599bf03a780a0279926fc24",
  "block": 43201570,
  "trx_in_block": 7,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-05-08T16:32:24",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "1953.311140 VESTS"
    }
  ]
}
steemdelegated 5.959 SP to @thailang
2019/09/03 15:52:39
delegatorsteem
delegateethailang
vesting shares9703.549654 VESTS
Transaction InfoBlock #36102780/Trx 354cb1709bde909d55c24dd8c653e47e99bec70d
View Raw JSON Data
{
  "trx_id": "354cb1709bde909d55c24dd8c653e47e99bec70d",
  "block": 36102780,
  "trx_in_block": 46,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2019-09-03T15:52:39",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "9703.549654 VESTS"
    }
  ]
}
2019/04/02 17:51:36
parent authorthailang
parent permlinkwhat-will-bitcoin-look-like-in-twenty-years
authorsteemitboard
permlinksteemitboard-notify-thailang-20190402t175135000z
title
bodyCongratulations @thailang! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@thailang/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@thailang) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=thailang)_</sub> ###### [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!
json metadata{"image":["https://steemitboard.com/img/notify.png"]}
Transaction InfoBlock #31699271/Trx 02d6de5445631fa0d5ca439cb580dbed46cf1e09
View Raw JSON Data
{
  "trx_id": "02d6de5445631fa0d5ca439cb580dbed46cf1e09",
  "block": 31699271,
  "trx_in_block": 12,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2019-04-02T17:51:36",
  "op": [
    "comment",
    {
      "parent_author": "thailang",
      "parent_permlink": "what-will-bitcoin-look-like-in-twenty-years",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-thailang-20190402t175135000z",
      "title": "",
      "body": "Congratulations @thailang! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@thailang/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/@thailang) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=thailang)_</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!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
    }
  ]
}
steemdelegated 6.081 SP to @thailang
2018/09/22 01:54:00
delegatorsteem
delegateethailang
vesting shares9901.771457 VESTS
Transaction InfoBlock #26154722/Trx d1900a4c123778720c8baa4fe7ce39378b1e41aa
View Raw JSON Data
{
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2018/09/04 13:08:45
voterpeterpham
authorthailang
permlinkwhat-will-bitcoin-look-like-in-twenty-years
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steemdelegated 18.537 SP to @thailang
2018/08/08 01:37:21
delegatorsteem
delegateethailang
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2018/06/18 10:47:30
voterthailang
authorzerobank.system
permlinkkai-yee-goh-ceo-of-zerobank-blockchain-and-the-future-of-bank-services
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2018/06/18 10:47:21
voterthailang
authorzerobank.system
permlinkkai-yee-goh-ceo-of-zerobank-blockchain-and-the-future-of-bank-services
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thailangcustom json: follow
2018/06/18 06:06:00
required auths[]
required posting auths["thailang"]
idfollow
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2018/06/18 06:05:54
voterthailang
authorzerobank.system
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thailangcustom json: follow
2018/06/18 06:05:51
required auths[]
required posting auths["thailang"]
idfollow
json["reblog",{"account":"thailang","author":"zerobank.system","permlink":"zerobank-announces-the-most-feasible-ico-project-in-remittance-and-money-exchange-industry"}]
Transaction InfoBlock #23422066/Trx 2a83b44bcf0b25b0dd751c9179db860f002bcf34
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2018/06/18 06:05:45
voterthailang
authorzerobank.system
permlinkzerobank-announces-the-most-feasible-ico-project-in-remittance-and-money-exchange-industry
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thailangcustom json: follow
2018/06/18 06:05:21
required auths[]
required posting auths["thailang"]
idfollow
json["reblog",{"account":"thailang","author":"zerobank.system","permlink":"kai-yee-goh-ceo-of-zerobank-blockchain-and-the-future-of-bank-services"}]
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2018/06/18 06:05:12
voterthailang
authorzerobank.system
permlinkkai-yee-goh-ceo-of-zerobank-blockchain-and-the-future-of-bank-services
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2018/06/18 06:04:18
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"zerobank.system","what":["blog"]}]
Transaction InfoBlock #23422035/Trx b5cfccd1e58c84f84512da62e4a31202f2ff73aa
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2018/06/02 07:20:15
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"shenlong","what":["blog"]}]
Transaction InfoBlock #22963440/Trx e79309164db8dff5fc93f74776884e1aeb92b395
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2018/05/30 18:29:12
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"findexchange","what":["blog"]}]
Transaction InfoBlock #22890449/Trx 1c4b06960739b0904bcfac4a3d29ee0f28210235
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2018/05/25 06:19:51
parent authorthailang
parent permlinkwhat-will-bitcoin-look-like-in-twenty-years
authorthinnguyenanh
permlinkre-thailang-what-will-bitcoin-look-like-in-twenty-years-20180525t061945687z
title
bodyChéo nhau nhé bác
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2018/05/25 06:19:18
voterthinnguyenanh
authorthailang
permlinkwhat-will-bitcoin-look-like-in-twenty-years
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2018/05/25 03:40:42
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"taiyeuhuyen13","what":["blog"]}]
Transaction InfoBlock #22728703/Trx 6d79732d2d1086260c9e9097deae081924b22720
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2018/05/22 04:47:15
parent authorthailang
parent permlinkwhat-will-bitcoin-look-like-in-twenty-years
authorsteemitboard
permlinksteemitboard-notify-thailang-20180522t044714000z
title
bodyCongratulations @thailang! You have completed some achievement on Steemit and have been rewarded with new badge(s) : [![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstpost.png)](http://steemitboard.com/@thailang) You published your First Post Click on any badge to view your own Board of Honor on SteemitBoard. For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard) If you no longer want to receive notifications, reply to this comment with the word `STOP` > 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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Transaction InfoBlock #22644022/Trx 02519973dcacdb5206c73de543b45a0dc41784e9
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2018/05/21 14:56:27
votersensation
authorthailang
permlinkwhat-will-bitcoin-look-like-in-twenty-years
weight10000 (100.00%)
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2018/05/21 13:13:42
parent authorthailang
parent permlinkwhat-will-bitcoin-look-like-in-twenty-years
authorcheetah
permlinkcheetah-re-thailangwhat-will-bitcoin-look-like-in-twenty-years
title
bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://hackernoon.com/what-will-bitcoin-look-like-in-twenty-years-7e75481a798c
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      "title": "",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://hackernoon.com/what-will-bitcoin-look-like-in-twenty-years-7e75481a798c",
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2018/05/21 13:13:21
votermamunjm
authorthailang
permlinkwhat-will-bitcoin-look-like-in-twenty-years
weight10000 (100.00%)
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2018/05/21 13:13:00
parent authorthailang
parent permlinkwhat-will-bitcoin-look-like-in-twenty-years
authorbitcoin25
permlinkre-thailang-what-will-bitcoin-look-like-in-twenty-years-20180521t131301367z
title
bodyHi, thank you for contributing to Steemit! I upvoted and followed you; follow back and we can help each other succeed 🙂 P.S.: [My recent post](https://steemit.com/bitcoin/@bitcoin25/ethereum-usdeth-btc-getting-ready-for-the-next-ath)
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Transaction InfoBlock #22625338/Trx 85c5bd2b65ad2024927a3e60ee633f0a4571c0f8
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      "title": "",
      "body": "Hi, thank you for contributing to Steemit!\nI upvoted and followed you; follow back and we can help each other succeed 🙂\nP.S.: [My recent post](https://steemit.com/bitcoin/@bitcoin25/ethereum-usdeth-btc-getting-ready-for-the-next-ath)",
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2018/05/21 13:12:45
voterax3
authorthailang
permlinkwhat-will-bitcoin-look-like-in-twenty-years
weight100 (1.00%)
Transaction InfoBlock #22625333/Trx b604c3e62bd8e8465ef5428c280093af78b58e6f
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2018/05/21 13:12:45
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2018/05/21 13:12:36
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titleWhat Will Bitcoin Look Like in Twenty Years?
body![](https://steemitimages.com/DQmUcQn5Qm5b7WqUZhppKy4awYRu4orqcGp3KgXLoJi64rz/image.png) Prediction is a tricky business. It’s so easy to be wrong and so hard to be right. But that’s exactly what we’ll do here. Since we’re rapidly approaching the ten year anniversary of Bitcoin’s whitepaper publication, I’ll attempt to project out twenty years to see the evolution of Bitcoin, blockchain, alternative cryptocurrencies and decentralization. This is the type of article that will look unbelievably foolish or incredibly brilliant when I’m old and gray. I don’t care. I’m going for it anyway. I’m also going to go much, much deeper than “Bitcoin will go to zero” or “Bitcoin will become the reserve currency and be worth $1,000,000”. That’s not really saying all that much and anyone can do it. Instead we’ll look at how the technology will transform and how society will transform with it. I’ve got a decent track record of successfully predicting future trends and technology but nobody gets it 100% right. Arthur C. Clarke, one of the greatest sci-fi writers of all time, saw the coming of satellites and GPS, as well as the cloud, the Internet and telecommuting but by his own admission he overestimated the importance of rockets and failed to see the importance of a prototype laptop a company gifted to him to write his next novel. ![](https://steemitimages.com/DQmey3pFdXqBuHGdormps2SHNsrq3wjg1XxmTTMT7fsYTiX/image.png) Chaos theory tells us it’s impossible to predict the future. But that’s not entirely true. We can never see black swan events or completely unexpected technology (try explaining a computer and the Internet to an 18th century farmer) but we can do a kind of Monte Carlo analysis of tomorrow and see the major pathways spinning out into infinity. Few people can do it well. In fact, most people get the future laughably wrong so before we leap into our predictions, we need to understand why so we can try to avoid the same mistakes. This Internet Thing will Never Work Out The first reason people get the future so wrong is because they dedicate about five minutes to looking at something before they form an opinion on it. That isn’t thinking. ![](https://steemitimages.com/DQmWqSCoMyWGEs24S6QwthkuTU3wHMcKEtCMty8LtnbZvdm/image.png) That’s the primordial lizard brain running a mental heuristic that’s absolutely incapable of understanding anything new and novel. It’s only good at attack, defense, finding food and shelter and avoiding boredom. It’s a survival machine. Unfortunately, many people live almost their entire lives at this level and their opinions are worth zero when it comes to seeing new trends and developments. The second major reason people get the future so wrong is it goes against everything they understand about the world. Think about a company like Kodak who simply refused to see the power of digital film because they’d built up a business over a hundred years on the back of chemical film. They had every advantage and they blew it. They mistook the past for the future and they paid a heavy price by going bankrupt as the market roared past them. To see the future you have to be able to step outside of yourself, forget your past successes and see beyond your current understanding. A third major reason people fail to see the future is because it challenges their position of power. That’s why oligarch banker, Jamie Dimon, and a prince from a country that just allowed women to drive last month, all see Bitcoin and cryptocurrencies as a “fraud” or a “scam” https://twitter.com/LegendOfCrypto They literally can’t see clearly because they’re the main beneficiaries of the current system. They don’t want to see. So they engage in a kind of information warfare, even if it’s unconscious. It’s nothing but a mental defense mechanism. The rise of new ways of running the world means their position is under fire and they’re terrified. Asking these people about Bitcoin is like asking a taxi driver what he thinks about Uber or a horse and buggy manufacturer what he thinks about cars. Their opinions are worth less than nothing. The fourth major reason people screw up predictions is because they mistake their opinion for reality. There’s what you think about the world and there’s actual reality and they’re often not the same thing. One is the map and one is the territory. Don’t mistake the map for the territory. Take this now infamous article by Clifford Stoll from Newsweek in 1995 that declared the Internet a total failure poised for imminent collapse. Stoll writes: “Visionaries see a future of telecommuting workers, interactive libraries and multimedia classrooms. They speak of electronic town meetings and virtual communities. Commerce and business will shift from offices and malls to networks and modems. And the freedom of digital networks will make government more democratic. Baloney.” [Emphasis mine.] ![](https://steemitimages.com/DQmbgJwcQLKoRKm64xezaZVCDYbKt6VAyfysYYC7MoSGXfU/image.png) Reading that quote it’s impossible not to grin ear to ear as feelings of tremendous superiority wash over you. What an idiot! Who didn’t see the Internet coming? Answer: Almost nobody. Hindsight is 20/20. I’m betting almost everyone busting up laughing at the poor guy didn’t see it coming either, if they even knew what the Internet was in the first place. If they did they almost certainly didn’t see a working Wikipedia, the rise of telecommuting and a day when they would buy everything from books to groceries through Amazon. Actually what’s most striking about the above quote is not how inaccurate it is, but how accurate it is on so many levels. That’s right. Read the article and you’ll see tons of his predictions are incredibly spot on! If you go back and strip out all Stoll’s opinions what emerges is an amazingly clear picture of the next two decades of the net. Check it out: “Nicholas Negroponte, director of the MIT Media Lab, predicts that we’ll soon buy books and newspapers straight over the Internet.” I yanked two words: “Uh, sure.” His opinion. Stoll saw the future, he just refused to see it. If he managed to get out of his own way and just observe instead of interpreting and filtering what he saw, the article would have gone down in history as one of the most forward thinking and accurate ever written. That brings us to our next reason. The fifth reason people get the future wrong is a complete and total lack of patience. Take the opening line of Stoll’s article: “After two decades online, I’m perplexed.” Stoll had already lived with the Internet for twenty years but it just wasn’t coming together for him. It’s easy to think it’s never going to happen when that much time goes by. https://youtu.be/-KJPP7GkuPU The waiting is the hardest part. It takes patience to let things develop naturally. Patience. Patience. Patience. Creativity requires setbacks and failures and tremendous tenacity. Once you expose your idea to the reality of rust, gravity and friction, things tend to fall apart. No plan survives contact with the enemy. Reality is a whetstone that either shatters you or sharpens your ideas. Things take time. A classic example of the real creative process and how long it takes comes from George de Mestral, the inventor of Velcro. He first came up with the idea in 1941, after taking his dog for a walk in the woods and seeing a bunch of burrs attached to his fur. The concept didn’t fully take root in his mind for another seven years. He started working on recreating the tiny hooks in 1948 and it took him ten years to make it work and mass produce it. After that he opened his company in the late 1950s, he expected immediate high demand. It didn’t happen. ![](https://steemitimages.com/DQmXLJwwE5w2mk754F7xjw9GcecSqivEjbPFJVVRN2ok3At/image.png) It took another five years before the budding space program in the 1960’s saw Velcro as a way to solve the problem of getting astronauts in and out of bulky and unwieldy space suits. The rest of the world only cares about the problems things solve for them not the idea or ideology behind it. Soon after the ski industry noticed it would work on boots. All in all from initial idea to functioning, profitable business? About twenty five years. Lastly, we can take one more lesson from Stoll before I launch into my predictions for crypto. His biggest mistake is the sixth and final reason people are blind to the future. He took current inventions, air lifted them forward and imagined them as the solution to future problems. Wrong! Current inventions solve current problems. Future problems will take brand new solutions. In the article Stoll mentions that CD books would never replace real books. He was right that reading books on CD with a crappy CRT monitor that rips apart your retinas was a miserable experience. But understanding that helps us understand the necessary characteristics of a future solution. It’s nearly impossible to know what form those solutions will take, but we can figure out what traits the solution will have so we can recognize it when it gets here. Let’s see how it works: CDs are clunky. Monitors back then were blurry and hard to read. They hurt the eyes. Computers were huge and not very portable. Even laptops were bricks that burned your legs that nobody would want to read a damn thing on. But he also missed the shortcomings of books. Books are heavy too. They’re made of trees! And they can easily get lost or damaged by the elements. You can only carry so many before you’re carrying a huge weight around. From there we can see that a good solution would be: Super-portable and lightweight. Have a crystal clear display. Hides the data storage completely from the user. As easy to use as a book. Just open and read. Protect the data so if we lose it or damage it, we can recover it without needing to buy it again. Allow you to carry lots of books at once. ![](https://steemitimages.com/DQmPtpz5zr7s2rwdrZiQtwbFa5j7EozHxETFg5xiiR9v5Rx/image.png) Of course we know the answer now: the Kindle and the iPad. Both have tremendous ease of use, hide the storage media from the user completely, protect the data by backing it up and they’re easy on the eyes. Solutions start by pointing out what’s wrong, asking the right questions about how to fix it and correctly defining what properties we would need to have a better experience. From the above, we have three principles to help us predict the future: Patience. Observe, don’t interpret. Don’t graft today’s solutions onto tomorrow’s problems. All right, let’s break out the crystal ball and peer into the fate of Bitcoin and crypto. Hopefully we’ll have better luck than Stoll and this article won’t get trotted out by tomorrow’s Boing Boing replacement to call me an idiot. The Rise of Bitcoin, Crypto and Decentralization We’ll start with a few easy predictions and move on to some more complex and far reaching ones as well as some seriously controversial ones. I’ll also include a confidence meter to let you know how strongly I feel about the scenario playing out. 1) The Bubble Bursts People in and out of crypto see them as bubble that will pop, causing prices to crash badly. They’re right. But so what? That’s not the end of the story. It’s just the beginning. ![](https://steemitimages.com/DQmRkEGyferqVnHiFweVB6HZjhjtTbeAkfxspRHsWVaAvem/image.png) Right now we’re in the grips of tremendous euphoria. There’s so much potential. We can practically taste the decentralized future. It’s just around the corner! Any day now. Of course, that’s almost certainly not how it will work out. The bubble will pop. Vitalik is right. 90% of tokens will fail. But after the pop comes the real working ideas. ![](https://steemitimages.com/DQmUoPbNDkqnXRHLbZT3Ad4Q3t5rY2aA6fXfaGGcNDZBAYc/image.png) Eight years into the crypto experiment, everyone is working on the railroad tracks of the future but we don’t have much to show for it other than speculative trading and some smart contracts. The apps are hideous and practically unusable. It’s nerve wracking when you push “send” and blast $5000 across the web to someone. Better hope you copy and pasted that address right so your money doesn’t disappear into the void! When the Internet bubble burst many of today’s marquee companies saw their stocks crash 85%. Yet they survived and the best was yet to come. Amazon and Google went on to dominate the world. The same will happen in crypto. The 10% of projects that make it through the bloodbath will turn into the Amazon, Google and Facebook of tomorrow and likely even the JP Morgan and Goldman Sachs as well, not to mention maybe even the governments of the future, like digital direct democracies or liquid democracies. Innovation is hard work. You’re literally trying to create something that doesn’t exist! There are no guidelines, no working templates, no business models to clone. There’s nothing. You’re on your own! It’s just you and your imagination. With those odds of course 90% of people and companies fail! It doesn’t matter. Crypto, blockchain and triple entry accounting are probably the most important invention of the last 500 years so they’re not going to go gently into that good night. The bubble burst is just the next step. Three years after that the tech will really mature and take off running. 2) Government Cryptocurrencies will Flourish The community won’t like this one, but it’s a no brainer. Many governments will not sit by and lose control of the money supply without a vicious fight. Anyone working on a project right now should be anticipating protocol level assaults on decentralized cryptos and designing defenses against them. A distributed, decentralized DDoS stopping grid, like the one from Gladius is a great first step but there is a lot more work to be done. We’ll talk about some additional defenses cryptos needs to survive later when I come to the evolution of protocols. Governments will lose the battle in the long run, probably in thirty to one hundred years (maybe faster depending on how many wars or financial crises strike). That’s provided we survive as a race, don’t nuke ourselves, and push out into space. But in ten or twenty years expect very strong government cryptocurrencies to come to power and dominate the flow of money for many, if not most, people around the world. “But no one will adopt them!” scream the crypto faithful! Of course, they will. The average person has zero understanding of just about anything that actually matters and they absolutely don’t see a need for privacy and security until it’s physically ripped away from them under extreme circumstances like a war. When soldiers invade your house and take everything you own suddenly the need for privacy becomes very real to people. Remember this interview with Snowden about government surveillance on the John Oliver show? https://youtu.be/XEVlyP4_11M Watch the look on Snowden’s face when he realizes that the average man on the street doesn’t know a damn thing about privacy and doesn’t care about it in the least! The only time they care is when the government has a picture of their dick on file. Seriously. People will adopt government cryptos like good little sheep without a second thought. Even better, they’ll think it’s absolutely the right thing to do and they’ll even be willing to kill for it if told that’s right. Count on it! Of course, in many ways government issued cryptocurrencies are utterly ridiculous, as Naval Ravikant points out in his epic blockchain tweetstorm: They’re nonsense because the very purpose of blockchain is to distribute power across a system. By not allowing a single group to control or change the rules arbitrarily, decentralized cryptos and apps provide a powerful set of checks and balances against harmful actions to the system. When five different banks own a blockchain, that’s not a blockchain, that’s a database. Only when the banks, the regulators, the shareholders and the customers of the bank hold the keys to the blockchain at the same time and can counteract each other’s power is it a true blockchain. The checks and balances on power are exactly the point! Government crypto will represent a total and complete corruption of that idea. But it won’t matter. They’ll do it any way. In fact, instead of distributing power, they’ll look to concentrate even more power, by giving themselves the ability to track every single citizen’s spending with impunity and automatically collect taxes from wages and sales of goods and services. That’s why authoritarian governments are racing to build official state cryptos. They can’t wait to have panopticon money in your pocket as soon as possible. They will absolutely outlaw physical cash and they will do it under the guise of one of three excuses: Stopping money laundering Stopping terrorists Stopping crime Of course, knowing that you spend half your paycheck on Amazon, groceries and rent has nothing to do with any of those things but hey, if you trot out any or all of the above reasons you can easily get half the population to do whatever you want and even better they’ll believe it with all their hearts. Remember American psychologist Gustave Gilbert’s talk with Nazi Herman Goring during the Nuremberg trials? Goring told him that most people will go along with whatever their leaders tell them to do without question, whether it’s a democracy or fascist dictatorship. Naively, Gilber replied, “There is one difference. In a democracy, the people have some say in the matter through their elected representatives, and in the United States only Congress can declare wars.” But Goring only laughed and said, “Oh, that is all well and good, but, voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same way in any country.” Government cryptos will be a very, very bitter pill to swallow for current true believers in the crypto space but they better get used to them. A better bet is to assume there’ll be hybrid systems of decentralized and centralized crypto and to design for it right now to avoid getting swallowed in the tsunami to come. Better to embrace the current system with blockchain and then overwhelm it from within rather than ignore it so that it becomes hostile. 3) Decentralized Cryptocurrencies Will Become a Parallel Economic Operating System for the Planet Just because centralized cryptos rise to prominence doesn’t mean the decentralized cryptos will go away. Oh, many governments will try, but in the end they’ll fail to stamp them out. The reasons are simple. The same factors that make it hard to form consensus across a blockchain, make it hard for all the world’s governments to agree on anything. They won’t be able to do it. Some governments will love decentralization and others will hate it. Even as some countries openly rail against them, many others will openly embrace decentralized cryptocurrencies, especially the ones who suffered the worst under the dominance of Europe and the US dollar over the last century. I see the Latin American countries, freewheeling no-holds-barred globalists like Singapore, historical bankers-to-the-world Switzerland and many of the Asian and African countries welcoming decentralized crypto with open arms, if only to stick it to the current empires. If all the countries don’t agree, then decentralized cryptos are never going away, even as centralized cryptos come to power. But to remain relevant, decentralized cryptos need to move fast. They need a killer app. Right now they’re vulnerable to attack. To really take root they need that killer app to spread virally across the globe. It’s got to be something so indispensable that people can’t imagine their lives without it. This will bring existing power players into the system and they will then use that power to defend it against attacks from outside powers. I outlined one of the ways that can happen in my article for gamifying the distribution of money. But that’s just one way it can play out. There are many, many more. If you’re working on a platform now, know that it’s a race against time before central cryptos take root. 4) The Killer App for Crypto is NOT a Browser This is a classic example of grafting old inventions onto a new system. The Brave Browser is awesome and I bet I’ll really love it as it gets paired with BAT and/or a universal payment system that automatically swaps cryptocurrencies without the need for an exchange but I don’t see it as the final interface to the blockchain. I see it as a potential intermediate step. So what does the killer app look like? I don’t know. But I know it is: Ubiquitous Easy to use Acts as a platform for everything from changing money to getting tickets to protecting privacy and information. Open source It’s also something totally new and original that expands and extends the best characteristics of the blockchain while minimizing its greatest weaknesses. Maybe a decentralized AI assistant or attention filter? The possibilities are endless so get moving! 5) Blockchain is Just the Beginning of Decentralized Consensus Blockchain systems are only the first successful implementation of decentralized consensus mechanisms. People are already inventing new ones like IOTA’s Tangle and the HashGraph. It doesn’t really matter if both of those projects prove failures in the long run because some other project will create another method. This is virtually guaranteed. Over the next twenty years, I predict dozens, if not hundreds of experimental distributed consensus protocols, capable of transaction levels that blow away Visa level processing, augmented by artificial intelligence systems. It’s also strongly possible that none of these systems will be designed by humans. Instead AI’s will rapidly iterate on ideas and come up with systems that no human ever could if they had a hundred years. They’ll draw their inspiration from nature and systems of insects or roots or other biological systems like proteins. https://youtu.be/Ujvy-DEA-UM One or two of these systems will come to dominate all coins and become the meta-system to rule them all, uniting many different kinds of coins and running the entire system like a massive fractal that enables countless daughter networks to flourish inside of it. 6) Crypto Will Get a LOT Easier to Use Today’s user experience in crypto is awful. If I mistype something or copy and paste wrong, my money disappears forever. If there’s a software glitch I lose my money forever. If someone hacks my computer or phone my money is gone forever. See a trend there? Make any mistake you’re toast. It’s like driving a motorcycle on the edge of a one inch mountain road with no rail. The core wallets are slow, hard to use and ugly. When I last upgraded Ethereum, it forgot to keep my private keys so I had to go restore them all. Earlier this year I had an old Bitcoin stuck in an ancient version of Multibit from 2013. It took me a week to free it after the software mistakenly thought I had sent a transaction that was never actually broadcast. Imagine these wallets going into cold storage and coming out five years later. Will they even be usable? What happens when quantum computers come out and we need to completely update the basic protocols that underscore the system? The average person will never be able to do these procedures. Zero chance. Two decades in IT taught me that people can and will screw up their machines in ways that are utterly unimaginable to tech people. Murphy’s Law rules. Even worse, there’s no way to reverse any transaction or to secure it against mistakes. I foresee many algorithmic methods to freeze, roll back and protect transactions, as well as ways to self-escrow money and recover stolen money. Think of them as automated versions of calling the bank and declaring a card stolen. If grandma can’t do it, forget it. Everyone is not an IT person who can bang away at the Linux terminal. Only systems that provide all the features of the old system plus brand new features achieve mass adoption. Think about CD-ROM books from the 80’s again. They had a bunch of new features, like charts and color and you could back them up. But it wasn’t good enough because CD’s had fatal flaws. Ray Kurzweil calls this the “false pretender” phase of evolutionary development in his book The Singularity is Near. The new tech has some advantages but too many disadvantages to really make it with the wider world and replace the old technology. It wasn’t until Kindles and iPads came along that eReaders had all the old features of reading a book, such as portability and being easy on the eyes, plus new features like the ability to carry a thousand books with you at once, something no dead tree could compete with, that it could really take off. Cryptos must follow a similar path from fatally flawed to bringing untold new powers to people and businesses to acheive world dominance. I also see many of the kinds of systems we really need arising from the desire to pass digital money down to your children. For that we will need ad-hock banks formed with groups of people as needed or algorithmic banks and bullet proof multi-signature wallets with decentralized cloud or foglet services to act as the final arbiter. It won’t be enough to simply shard up your keys and give them to trusted friends or loved ones. That is a first pass solution. Friends stop being friends, people get divorced or die or worse. We need something better and completely automated. Think about how hard it would be to pass your Bitcoin down to your loved ones now. What if you died tomorrow or got hit on the head and forgot your password? Even if you plan for it, it kind of sucks too. You would have to create a will, lock a backup of your private keys and wallet in a safe, give the password to an estate lawyer and hope that he doesn’t make off with it or the USB stick or Trezor/Nano doesn’t die. You could also create a multi-signature wallet with some friends and family members and hope someone doesn’t check a different version into Github with a backdoor or bug and screw it up. All of it is ugly and immature. It’s unacceptable. By the way, if you want to start a crypto business that everyone will need in the future, solve the inheritance problem. Everyone will pay you gladly. I foresee drag and drop smart contracts and AI generated wills with self-escrowing money. In essence, the blockchain itself will be the bank and the customer service department, perhaps using your biometric markers and third party proof-of-staked groups or a decentralized AI that can verify your loved ones, as well as trigger events like your end of days. Automated password and key recovery will be STOP. Whatever it looks like, we’ll need algorithmic approximations of the controls we have now for giving money to people we want and keeping it out of the hands of people who want to rob us. We also need the system to protect us from accidents, death and going nuts. 7) The protocols of Coins will Get Abstracted from the Coins Themselves Right now all the coins that exist are inextricably bound to their protocols. I expect us to abstract away the protocols for exchanging, sending and receiving as well as securing, defending and storing our coins. This will mirror the evolution of today’s servers from bare metal to virtualization to containers to serverless. To start with, most coins can’t scale. We can’t even come close to hitting Visa level transaction processing on chain, the holy grail of any crypto system and the subject of much in-fighting and controversy. Bitcoin can do 7 transactions per second at its peak. Some people have gone so far as to consider this a virtue of the coin as it encourages people to save and store it rather than send it. That’s just absurd. We should be able to move the coin as fast and as far and as often as we like. Let’s face it, the 1 MB limit is nothing but a hack. Originally Bitcoin had no limit. Then Satoshi snuck it in overnight with no mention of it and no explanation in the source code. It was most likely nothing but a ham-fisted way to prevent DDoS attacks. We can and will come up with better flooding protections. Are you a 1MB adherent? How about SegWit2X’s 2MB? Maybe you go for Bitcoin Cash’s 8MB block? Wrong. All of them wrong and ridiculous. According to the folks at the Lightning Network if we had seven billion people doing a mere two transactions a day it would take: 24 GB blocks 3.5 TB/day 1.27 PB per year We need to think differently and evolve beyond petty nonsense to design real solutions. To survive Bitcoin and crypto must change. It’s got to be easy to integrate new defenses, newer cryptographic algorithms when quantum computers come knocking and better speeds and innovations. We can’t just rest on the laurels of the Satoshi vision and assume he thought of everything. He didn’t. And frankly, who gives a fuck what Satoshi thinks? He left the project. If he really wanted to guide it he could have stuck around like Linus did with Linux. But he didn’t. He left it up to the rest of us to figure it all out. So let’s really start to do that because the current system won’t stand or will just become dominated by mega-payment processors just like the system we have right now. One way to do that is to abstract all the protocols and run all the older coins as something equivalent to virtual machines or containers. Then the rules are separate from the coins themselves. That’s just one way, but to really become the promised breakthrough technology, blockchain needs real innovation. Either way, people need to think quick, or we’ll still be debating 1 MB versus 2 MB while the CryptoRuble and CryptoYuan blow past us. We’ll also need this because it will become necessary to defend against hostile actors and APTs (advanced persistent threat) protocol level attacks. Think the Great Firewall of China attacking or blocking transactions by screwing with packets and headers with state level man in the middle attacks. The NEM architecture is a good first step, as it includes firewall like protection for nodes. But it needs to go further to stop even more insidious and devastating assaults and it can’t take fours years and a hard fork to implement the solution. The best solutions will likely be externalized security rule chains downloaded to all nodes in the network that act as intrusion detection, firewalls and protocol inspectors and AI based auto-evolving rulesets and countermeasures. Think Neuromancer’s ICE. 8) We will have Four Dominant Meta Coins, Plus Fifty to One Hundred Minor Coins, and Infinite Virtual Variations of These Coins, Plus State Coins Right now we’re making coins for everything. Got an identity platform like Civic? Make a coin. Created decentralized DNS? Make a coin and ICO! Building a scratch-your-ass on the blockchain app? You need a coin my friend! Actually you don’t need a coin. Coins will start to shake out into various meta categories. At this point I can only see four types of coins needed, with a blockchain of blockchains (or post-blockchain tech) seamlessly swapping them as needed to consume services: Deflationary Saver Coin Inflationary Spender Coin Action Token Reward Token Deflationary coins are for hoarding and investing. They will rise over time and benefit savers. Everyone needs this kind of investment and it’s the reason Bitcoin started in the first place. An inflationary coin mirrors the dollar today. Nobody likes spending Bitcoin on a flat screen TV only to realize that they paid $175,000 for it a few years later as the price of Bitcoin rockets up. We need stable, spendable coins. Imagine this as the classic “store of value” Paul Krugman is always bitching about and know that we actually do need this to buy and sell every day goods. An action token is for actions on the network that should always be free such as voting or sending a text message. These are not microtransactions. Resetting my password on something should not cost the equivalent of two pennies. As the EOS folks say “If you went to Amazon and it cost three cents to load the page, nobody would load the page.” Reward tokens are designed to flow around the system as a digital representation of karma, incentivizing good behavior and punishing bad behavior. You could literally build the ultimate universal system with just these four coins. Every other coin could simply act as a subcomponent of those coins with different metadata. 9) We’ll Learn We Didn’t Know Crap About Economics Are you a Keynesian planner or an Austrian free market adherent? The answer is who cares? All of our economic theories are based on studies conducting with limited data in the analog age of ink and wood pulp. All current economic theory will prove about as advanced as cave paintings as we experiment with new economic systems over the coming years. That’s what these new coins are: Micro-economic systems at war. It’s Darwinian economics. A few basic laws of economics will hold true but many of them will simply fall by the wayside. That’s because with blockchain dominate systems we’ll have real time economic data on a global scale not just a bunch of guesses done with pencil and paper a hundred years ago. As artificial intelligence tracks statistics in real time around the globe we’ll be able to see the real effects of a steel tariff enacted in one country as prices shoot up for building in another country dependent on that steel. We’ll track global production and manufacturing with unbelievable precision and what we learn will very much surprise us in so many wonderful ways. 10) A DAO Will Grow to Fortune 500 Status The most likely DAO to reach this milestone will be a DAO that mirrors an open version of Visa, in that it will likely take cuts from the transactions and miners on the most dominant network and it will help fund the future development and governance of that network. It will not hoard all the money but act as a nexus that flows the money down to other businesses and DAOs via smart contract as well as to state and local governments and other non-governmental entities that benefit the network. To do that though the DAO has to evolve. Right now we think of DAO’s as a smart contract. Not even close. A DAO will require AI to help manage and mitigate its rulesets and it will need to be able to auto-generate templated governance models. Governance is everything in DAOs and there are no good scalable models yet to manage a company the size of a major corporation today as an open source meritocratic workplace. Early DAOs failed because they have what I call the Brave New World problem. Everyone imagines they’re the chief and nobody wants to take out the trash. It’s hard to order paperclips when everyone is a king in a DAO. To function effectively a team needs role players and stars. People also have to understand their role and accept it, even if it will change later as they build merit and experience in the system. Management is hard enough as it is in corporate environments. How do you fire someone for non-performance in a DAO? How do you ensure that the guy in charge of ICO security is actually qualified and not just elected because everyone likes him? You can’t risk someone running off with $45 million in Bitcoin because Bob got elected for his great stories about Burning Man and his painting skills. The automated corporate and non-profit architectures of tomorrow will have to evolve incredible tools for ongoing management and decision making as well as operating agreements that function like code to become a reality. 11) The Gig Economy Will Grow Big Time People from the World War II generation had one or two jobs their whole life. Today we have five or six. Tomorrow’s people will have five or six at the same time. Half of those income streams will be automated and passive, likely some kind of crypto UBI. We will also see the rise of AI job matching services. The machines will know your capabilities and skill sets and match short term gigs to you so you don’t even have to look for a job. Imagine a software project that requires an insane amount of code, something like ten trillion lines. Software projects are only getting more complicated and will continue to grow. AI’s will write and test half of it but people will write the other half. The project would get fed into a distributed, decentralized system that chunks up and parses out the work, acts like a project manager and delivers the work to coders all across the worldwide network based on the reputation and skillset fingerprint. Think of it like an AI Github married to UpWork and the Mechanical Turk system. It could work for manufacturing and all kinds of blue collar work as well, which can make a big dent in the haves and have-nots divide we see today. The Hong Kong subway AI is perhaps the first prototype of this kind of network, even if it’s not a perfect analogy. It predicts what will fail on the subway and sends engineers to get ahead of the failures. That makes the uptime of the world’s busiest subway 99%. Much of this will be governed by Externalized Reputation Banks powered by blockchains that will be the social credit of tomorrow. This will be both good and very, very evil. Black Mirror’s Social Credit. On the evil side of the house we have the Chinese Social Credit system that is about as Black Mirror as it gets today. It will get infinitely worse as nation-states use Reputation Banks to cram ideology down people’s throats. But open, publicly managed Rep Banks will help us find relationships and work and figure out who to trust in business and in life. It will be a double edged sword. The main challenge is that very few people can agree on what is good or bad in a system and ideology tends to warp those concepts into unrecognizable messes. It will be incredibly easy to create a ruleset that enslaves us all if we’re not careful. The Controversy Kings I just cranked through some of the easier predictions to make. Now let’s toss out a few that just might spark fierce debates and controversy in the community. 12) The Blockchain Will Enable All Kinds of Evil Crypto enthusiasts will have to come to terms with the fact that the blockchain can and will enable as much evil as it does good. Nothing is all good or evil. Everything exists on a continuum. You can kill someone with a gun but you can also feed your family by hunting. Water sustains life but it can also drown you or even poison you. If you’re out there designing a system right now with the “move fast and break things” DevOps approach, just know that it’s most likely a disaster for systems that can algorithmically govern many aspects of our lives. Instead, you should adopt a go slow, think about it and don’t break things approach. You should start thinking about all the ways to destroy your system or you won’t be able to defend it. If you aren’t imagining all the ways a hostile group will use the power of blockchain, one that doesn’t share your views on openness and freedom and collaboration, then you’re just naive. I’m half way through an article called “What If Hitler Had the Blockchain?” Frankly, I don’t want to publish it because I don’t want to give the bad guys any fresh ideas but rest assured it probably doesn’t matter. Their dark minds are already hard at work imagining how to use blockchain as a system of repression and control. I will be somewhat intentionally vague here, so as not to put all of these ideas out into the collective unconscious but think digital tracking of all aspects of your life from where you go and what you do, to statistical predictions about your behavior, as well as behavioral algorithms designed to incentivize you to conform to an ideology, and lastly think unbreakable digital rights management and outright genocide. Genocide? Yeah. Don’t forget that IBM helped the Nazis manage the holocaust with punch cards for tracking victims. What could they have done with blockchain? Answer: Many more horrible atrocities that we can only begin to imagine now. Maybe you think that an open system will always prevent abuses? Wrong. If the Internet has taught us anything it’s that open systems tend towards centralization and given enough time central powers can and will subvert and corrupt any system to their own ends. If you’re working in crypto and you’re not thinking about all the ways to misuse crypto then it’s very likely that instead of designing a system to save the world you just created a prison for it. 13) Bitcoin Has a 50/50 Shot At Surviving Most true believers will not like this one but honestly, 50/50 might be really, really high here. I know, I know. You’ve heard it all before! The Money Badger can’t be stopped! New ATH!!!! Buy and HODLz forever! Look you stuck with me this long so stick with me a little longer so I can explain. First off, I’m rooting for Bitcoin to live until my dying days but let’s look at this objectively for a few minutes to see why it might go down hard. It’s probably not what you think. Bitcoin has first mover advantage. It’s the absolute first of its kind and still dominates the global market share but it also suffers from a number of major flaws that could kill it. Basically, it’s the Model T of the blockchain revolution. How many Model T’s do you see on the street today? Can you retrofit a Model T to make it burn rubber like a Lamborghini? Can you add sophisticated electronics to make it a self-driving Tesla? Nope. To start with, Bitcoin has no built-in governance. This is a crucial flaw. Only a few ways to change it exist. The first is to submit a proposal where almost everyone agrees and as we have seen with SegWit, that’s incredibly hard. It took four years for the change to get adopted. The second is to start a new project and hard fork it. This might be the only way this actually works in the end. A team might fork it and build in governance, but it’s a long shot. A coin with well designed, widespread, build-in governance will have a massive advantage over Bitcoin and could easily replace it, as it makes upgrades seamless and smooth. Upgrades and responses to attacks by well funded hostile forces will need to move fast and percolate throughout the network in hours or days, not years. What about scaling? We already talked about that problem. Changing the blocksize won’t cut it. It will require something more radical. What if China turns the Great Firewall on it? Would it even be possible to retrofit private relays and other anti-interference code into the system at this late stage? What if governments simply decide that they will spend a billion dollars on a datacenter and secretly designed ASICs to run the system? Could any miners compete? What if hostiles just decided to round up all the core developers? How easy would it be to replace them considering the tremendous shortage of talent in the crypto world now? These are only some of the nearly insurmountable problems of my favorite crypto. I point them out not to kill it but to make people think. If you can really see a problem you can find a way to fix it. But if we’re only going to deal with fake problems like the blocksize limit we will get nowhere. Bitcoin is a beautiful, brilliant idea and it’s already changed the world. It won’t fail because it’s a fraud or a scam, but because of its own hard coded rules, in-fighting and lack of governance. Of course, it doesn’t have to fail. We can start thinking about how to save it right here, right now. As I noted earlier, some kind of virtualization or containerization that allows Bitcoin to adapt and evolve by migrating to an abstracted set of protocols and defenses would help ensure that it not only survives but thrives. I’m rooting for it. I’m betting if you’re reading this, you are too. The best way to make sure it survives is to understand all the real reasons it could fail and start designing real solutions to those problems today, so that when they do arrive, we’re ready. The Final Frontier I have a lot more predictions but I’ll save them for my fiction. Maybe I’ll do a followup if this article goes viral. I also left a few evil ideas off the table because I don’t want to see them come to pass. If someone else comes up with them, there’s nothing I can do about it but the worst scenarios in the Monte Carlo pathways of tomorrow will not come from my keyboard. Cryptocurrencies represent a fundamental upgrade to the economic systems of the world. Once they’re fully booted up and integrated into the global and interplanetary networks of the future, the world will look very, very different in ways we can only begin to understand. Hundreds of years from now, today’s economies will look like the feudal economies of the past. Cyrptocurrencies, decentralized apps and DAOs even hold the possibility of bootstrapping us into Star Trek like post-scarcity economies but it will take time. I’m not betting on Singularity level acceleration taking us there tomorrow, even if I sprinkle the Singularity into all my sci-fi work because it’s the stuff of great fiction. But it’s probably not reality. If I’m wrong, then my uploaded and snapshotted virtual mind, running on a global fog of computronium in a Matrioshka brain will just have to deal with it. But I doubt it. So where does that leave us? Crypto will be both good and evil like everything in life. If you’re working on crypto then you’re building the world of tomorrow but don’t expect it to arrive next week. Inertia has a way of slowing down even the fastest rockets. Just enjoy the ride while we boldly go where no one has gone before. ############################################ Check out the interview I did with the awesome Core Media team on the future of #crypto on SoundCloud: ############################################ If you love my work please visit my Patreon page because that’s where I share special insights with all my fans. Top Patrons get EXCLUSIVE ACCESS to the legendary Coin Sheets Discord where you’ll find: Market calls from me and other pro technical analysis masters. Access to the Coin’bassaders only private chat. Behind the scenes look at how I and other pros interpret the market. You also get exclusive access to a monthly virtual meet up with me, where I’ll share everything I’m working on and give you a behind the scenes look at my process. I’ll follow each talk with a Q&A session. Ask me anything and I just might answer. ############################################ If you love the crypto space as much as I do, come on over and join DecStack, the Virtual Co-Working Spot for CryptoCurrency and Decentralized App Projects, where you can rub elbows with multiple projects. It’s totally free forever. Just come on in and socialize, work together, share code and ideas. Make your ideas better through feedback. Find new friends. Meet your new family. ############################################ Photo credit A bit about me: I’m an author, engineer and serial entrepreneur. During the last two decades, I’ve covered a broad range of tech from Linux to virtualization and containers. You can check out my latest novel,an epic Chinese sci-fi civil war saga where China throws off the chains of communism and becomes the world’s first direct democracy, running a highly advanced, artificially intelligent decentralized app platform with no leaders. You can get a FREE copy of my first novel, The Scorpion Game, when you join my Readers Group. Readers have called it “the first serious competition to Neuromancer” and “Detective noir meets Johnny Mnemonic.” You can also check out the Cicada open source project based on ideas from the book that outlines how to make that tech a reality right now and you can get in on the alpha. Lastly, you can join my private Facebook group, the Nanopunk Posthuman Assassins, where we discuss all things tech, sci-fi, fantasy and more. ############################################
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Transaction InfoBlock #22625330/Trx 9886f7dce1276528bfbcab47de5f0318a8d87905
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    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "thailang",
      "permlink": "what-will-bitcoin-look-like-in-twenty-years",
      "title": "What Will Bitcoin Look Like in Twenty Years?",
      "body": "![](https://steemitimages.com/DQmUcQn5Qm5b7WqUZhppKy4awYRu4orqcGp3KgXLoJi64rz/image.png)\nPrediction is a tricky business.\n\nIt’s so easy to be wrong and so hard to be right.\n\nBut that’s exactly what we’ll do here. Since we’re rapidly approaching the ten year anniversary of Bitcoin’s whitepaper publication, I’ll attempt to project out twenty years to see the evolution of Bitcoin, blockchain, alternative cryptocurrencies and decentralization.\n\nThis is the type of article that will look unbelievably foolish or incredibly brilliant when I’m old and gray.\n\nI don’t care. I’m going for it anyway.\n\nI’m also going to go much, much deeper than “Bitcoin will go to zero” or “Bitcoin will become the reserve currency and be worth $1,000,000”. That’s not really saying all that much and anyone can do it.\n\nInstead we’ll look at how the technology will transform and how society will transform with it.\n\nI’ve got a decent track record of successfully predicting future trends and technology but nobody gets it 100% right. Arthur C. Clarke, one of the greatest sci-fi writers of all time, saw the coming of satellites and GPS, as well as the cloud, the Internet and telecommuting but by his own admission he overestimated the importance of rockets and failed to see the importance of a prototype laptop a company gifted to him to write his next novel.\n![](https://steemitimages.com/DQmey3pFdXqBuHGdormps2SHNsrq3wjg1XxmTTMT7fsYTiX/image.png)\nChaos theory tells us it’s impossible to predict the future.\n\nBut that’s not entirely true.\n\nWe can never see black swan events or completely unexpected technology (try explaining a computer and the Internet to an 18th century farmer) but we can do a kind of Monte Carlo analysis of tomorrow and see the major pathways spinning out into infinity.\n\nFew people can do it well.\n\nIn fact, most people get the future laughably wrong so before we leap into our predictions, we need to understand why so we can try to avoid the same mistakes.\nThis Internet Thing will Never Work Out\nThe first reason people get the future so wrong is because they dedicate about five minutes to looking at something before they form an opinion on it.\n\nThat isn’t thinking.\n![](https://steemitimages.com/DQmWqSCoMyWGEs24S6QwthkuTU3wHMcKEtCMty8LtnbZvdm/image.png)\nThat’s the primordial lizard brain running a mental heuristic that’s absolutely incapable of understanding anything new and novel. It’s only good at attack, defense, finding food and shelter and avoiding boredom. It’s a survival machine.\n\nUnfortunately, many people live almost their entire lives at this level and their opinions are worth zero when it comes to seeing new trends and developments.\n\nThe second major reason people get the future so wrong is it goes against everything they understand about the world. Think about a company like Kodak who simply refused to see the power of digital film because they’d built up a business over a hundred years on the back of chemical film. They had every advantage and they blew it. They mistook the past for the future and they paid a heavy price by going bankrupt as the market roared past them. To see the future you have to be able to step outside of yourself, forget your past successes and see beyond your current understanding.\n\nA third major reason people fail to see the future is because it challenges their position of power. That’s why oligarch banker, Jamie Dimon, and a prince from a country that just allowed women to drive last month, all see Bitcoin and cryptocurrencies as a “fraud” or a “scam”\nhttps://twitter.com/LegendOfCrypto\nThey literally can’t see clearly because they’re the main beneficiaries of the current system. They don’t want to see. So they engage in a kind of information warfare, even if it’s unconscious. It’s nothing but a mental defense mechanism. The rise of new ways of running the world means their position is under fire and they’re terrified.\n\nAsking these people about Bitcoin is like asking a taxi driver what he thinks about Uber or a horse and buggy manufacturer what he thinks about cars. Their opinions are worth less than nothing.\n\nThe fourth major reason people screw up predictions is because they mistake their opinion for reality. There’s what you think about the world and there’s actual reality and they’re often not the same thing. One is the map and one is the territory. Don’t mistake the map for the territory.\n\nTake this now infamous article by Clifford Stoll from Newsweek in 1995 that declared the Internet a total failure poised for imminent collapse. Stoll writes:\n\n“Visionaries see a future of telecommuting workers, interactive libraries and multimedia classrooms. They speak of electronic town meetings and virtual communities. Commerce and business will shift from offices and malls to networks and modems. And the freedom of digital networks will make government more democratic. Baloney.” [Emphasis mine.]\n![](https://steemitimages.com/DQmbgJwcQLKoRKm64xezaZVCDYbKt6VAyfysYYC7MoSGXfU/image.png)\nReading that quote it’s impossible not to grin ear to ear as feelings of tremendous superiority wash over you. What an idiot! Who didn’t see the Internet coming?\n\nAnswer: Almost nobody.\n\nHindsight is 20/20.\n\nI’m betting almost everyone busting up laughing at the poor guy didn’t see it coming either, if they even knew what the Internet was in the first place. If they did they almost certainly didn’t see a working Wikipedia, the rise of telecommuting and a day when they would buy everything from books to groceries through Amazon.\n\nActually what’s most striking about the above quote is not how inaccurate it is, but how accurate it is on so many levels.\n\nThat’s right.\n\nRead the article and you’ll see tons of his predictions are incredibly spot on!\n\nIf you go back and strip out all Stoll’s opinions what emerges is an amazingly clear picture of the next two decades of the net. Check it out:\n\n“Nicholas Negroponte, director of the MIT Media Lab, predicts that we’ll soon buy books and newspapers straight over the Internet.”\nI yanked two words: “Uh, sure.” His opinion.\n\nStoll saw the future, he just refused to see it. If he managed to get out of his own way and just observe instead of interpreting and filtering what he saw, the article would have gone down in history as one of the most forward thinking and accurate ever written. That brings us to our next reason.\n\nThe fifth reason people get the future wrong is a complete and total lack of patience.\n\nTake the opening line of Stoll’s article:\n\n“After two decades online, I’m perplexed.”\nStoll had already lived with the Internet for twenty years but it just wasn’t coming together for him. It’s easy to think it’s never going to happen when that much time goes by.\nhttps://youtu.be/-KJPP7GkuPU\nThe waiting is the hardest part. It takes patience to let things develop naturally.\n\nPatience. Patience. Patience.\n\nCreativity requires setbacks and failures and tremendous tenacity. Once you expose your idea to the reality of rust, gravity and friction, things tend to fall apart. No plan survives contact with the enemy. Reality is a whetstone that either shatters you or sharpens your ideas.\n\nThings take time.\n\nA classic example of the real creative process and how long it takes comes from George de Mestral, the inventor of Velcro.\n\nHe first came up with the idea in 1941, after taking his dog for a walk in the woods and seeing a bunch of burrs attached to his fur. The concept didn’t fully take root in his mind for another seven years. He started working on recreating the tiny hooks in 1948 and it took him ten years to make it work and mass produce it.\n\nAfter that he opened his company in the late 1950s, he expected immediate high demand.\n\nIt didn’t happen.\n![](https://steemitimages.com/DQmXLJwwE5w2mk754F7xjw9GcecSqivEjbPFJVVRN2ok3At/image.png)\nIt took another five years before the budding space program in the 1960’s saw Velcro as a way to solve the problem of getting astronauts in and out of bulky and unwieldy space suits. The rest of the world only cares about the problems things solve for them not the idea or ideology behind it. Soon after the ski industry noticed it would work on boots.\n\nAll in all from initial idea to functioning, profitable business?\n\nAbout twenty five years.\n\nLastly, we can take one more lesson from Stoll before I launch into my predictions for crypto.\n\nHis biggest mistake is the sixth and final reason people are blind to the future. He took current inventions, air lifted them forward and imagined them as the solution to future problems. Wrong!\n\nCurrent inventions solve current problems. Future problems will take brand new solutions.\n\nIn the article Stoll mentions that CD books would never replace real books. He was right that reading books on CD with a crappy CRT monitor that rips apart your retinas was a miserable experience. But understanding that helps us understand the necessary characteristics of a future solution.\n\nIt’s nearly impossible to know what form those solutions will take, but we can figure out what traits the solution will have so we can recognize it when it gets here.\n\nLet’s see how it works:\n\nCDs are clunky. Monitors back then were blurry and hard to read. They hurt the eyes. Computers were huge and not very portable. Even laptops were bricks that burned your legs that nobody would want to read a damn thing on.\n\nBut he also missed the shortcomings of books.\n\nBooks are heavy too. They’re made of trees! And they can easily get lost or damaged by the elements. You can only carry so many before you’re carrying a huge weight around.\n\nFrom there we can see that a good solution would be:\n\nSuper-portable and lightweight.\nHave a crystal clear display.\nHides the data storage completely from the user.\nAs easy to use as a book. Just open and read.\nProtect the data so if we lose it or damage it, we can recover it without needing to buy it again.\nAllow you to carry lots of books at once.\n![](https://steemitimages.com/DQmPtpz5zr7s2rwdrZiQtwbFa5j7EozHxETFg5xiiR9v5Rx/image.png)\nOf course we know the answer now: the Kindle and the iPad.\n\nBoth have tremendous ease of use, hide the storage media from the user completely, protect the data by backing it up and they’re easy on the eyes.\n\nSolutions start by pointing out what’s wrong, asking the right questions about how to fix it and correctly defining what properties we would need to have a better experience.\n\nFrom the above, we have three principles to help us predict the future:\n\nPatience.\nObserve, don’t interpret.\nDon’t graft today’s solutions onto tomorrow’s problems.\nAll right, let’s break out the crystal ball and peer into the fate of Bitcoin and crypto.\n\nHopefully we’ll have better luck than Stoll and this article won’t get trotted out by tomorrow’s Boing Boing replacement to call me an idiot.\n\nThe Rise of Bitcoin, Crypto and Decentralization\nWe’ll start with a few easy predictions and move on to some more complex and far reaching ones as well as some seriously controversial ones.\n\nI’ll also include a confidence meter to let you know how strongly I feel about the scenario playing out.\n\n1) The Bubble Bursts\nPeople in and out of crypto see them as bubble that will pop, causing prices to crash badly.\n\nThey’re right.\n\nBut so what?\n\nThat’s not the end of the story. It’s just the beginning.\n![](https://steemitimages.com/DQmRkEGyferqVnHiFweVB6HZjhjtTbeAkfxspRHsWVaAvem/image.png)\nRight now we’re in the grips of tremendous euphoria. There’s so much potential. We can practically taste the decentralized future. It’s just around the corner! Any day now.\n\nOf course, that’s almost certainly not how it will work out. The bubble will pop. Vitalik is right. 90% of tokens will fail.\n\nBut after the pop comes the real working ideas.\n![](https://steemitimages.com/DQmUoPbNDkqnXRHLbZT3Ad4Q3t5rY2aA6fXfaGGcNDZBAYc/image.png)\nEight years into the crypto experiment, everyone is working on the railroad tracks of the future but we don’t have much to show for it other than speculative trading and some smart contracts. The apps are hideous and practically unusable. It’s nerve wracking when you push “send” and blast $5000 across the web to someone. Better hope you copy and pasted that address right so your money doesn’t disappear into the void!\n\nWhen the Internet bubble burst many of today’s marquee companies saw their stocks crash 85%. Yet they survived and the best was yet to come. Amazon and Google went on to dominate the world.\n\nThe same will happen in crypto.\n\nThe 10% of projects that make it through the bloodbath will turn into the Amazon, Google and Facebook of tomorrow and likely even the JP Morgan and Goldman Sachs as well, not to mention maybe even the governments of the future, like digital direct democracies or liquid democracies.\n\nInnovation is hard work. You’re literally trying to create something that doesn’t exist!\n\nThere are no guidelines, no working templates, no business models to clone. There’s nothing. You’re on your own! It’s just you and your imagination. With those odds of course 90% of people and companies fail!\n\nIt doesn’t matter.\n\nCrypto, blockchain and triple entry accounting are probably the most important invention of the last 500 years so they’re not going to go gently into that good night.\n\nThe bubble burst is just the next step. Three years after that the tech will really mature and take off running.\n\n2) Government Cryptocurrencies will Flourish\nThe community won’t like this one, but it’s a no brainer.\n\n\nMany governments will not sit by and lose control of the money supply without a vicious fight. Anyone working on a project right now should be anticipating protocol level assaults on decentralized cryptos and designing defenses against them.\n\nA distributed, decentralized DDoS stopping grid, like the one from Gladius is a great first step but there is a lot more work to be done. We’ll talk about some additional defenses cryptos needs to survive later when I come to the evolution of protocols.\n\nGovernments will lose the battle in the long run, probably in thirty to one hundred years (maybe faster depending on how many wars or financial crises strike). That’s provided we survive as a race, don’t nuke ourselves, and push out into space. But in ten or twenty years expect very strong government cryptocurrencies to come to power and dominate the flow of money for many, if not most, people around the world.\n\n“But no one will adopt them!” scream the crypto faithful!\n\nOf course, they will.\n\nThe average person has zero understanding of just about anything that actually matters and they absolutely don’t see a need for privacy and security until it’s physically ripped away from them under extreme circumstances like a war. When soldiers invade your house and take everything you own suddenly the need for privacy becomes very real to people.\n\nRemember this interview with Snowden about government surveillance on the John Oliver show?\nhttps://youtu.be/XEVlyP4_11M\nWatch the look on Snowden’s face when he realizes that the average man on the street doesn’t know a damn thing about privacy and doesn’t care about it in the least! The only time they care is when the government has a picture of their dick on file. Seriously.\n\nPeople will adopt government cryptos like good little sheep without a second thought. Even better, they’ll think it’s absolutely the right thing to do and they’ll even be willing to kill for it if told that’s right. Count on it!\n\nOf course, in many ways government issued cryptocurrencies are utterly ridiculous, as Naval Ravikant points out in his epic blockchain tweetstorm:\n\n\nThey’re nonsense because the very purpose of blockchain is to distribute power across a system. By not allowing a single group to control or change the rules arbitrarily, decentralized cryptos and apps provide a powerful set of checks and balances against harmful actions to the system.\n\nWhen five different banks own a blockchain, that’s not a blockchain, that’s a database. Only when the banks, the regulators, the shareholders and the customers of the bank hold the keys to the blockchain at the same time and can counteract each other’s power is it a true blockchain.\n\nThe checks and balances on power are exactly the point!\n\nGovernment crypto will represent a total and complete corruption of that idea.\n\nBut it won’t matter. They’ll do it any way.\n\nIn fact, instead of distributing power, they’ll look to concentrate even more power, by giving themselves the ability to track every single citizen’s spending with impunity and automatically collect taxes from wages and sales of goods and services. That’s why authoritarian governments are racing to build official state cryptos. They can’t wait to have panopticon money in your pocket as soon as possible.\n\nThey will absolutely outlaw physical cash and they will do it under the guise of one of three excuses:\n\nStopping money laundering\nStopping terrorists\nStopping crime\nOf course, knowing that you spend half your paycheck on Amazon, groceries and rent has nothing to do with any of those things but hey, if you trot out any or all of the above reasons you can easily get half the population to do whatever you want and even better they’ll believe it with all their hearts.\n\n\nRemember American psychologist Gustave Gilbert’s talk with Nazi Herman Goring during the Nuremberg trials? Goring told him that most people will go along with whatever their leaders tell them to do without question, whether it’s a democracy or fascist dictatorship.\n\nNaively, Gilber replied, “There is one difference. In a democracy, the people have some say in the matter through their elected representatives, and in the United States only Congress can declare wars.”\n\nBut Goring only laughed and said, “Oh, that is all well and good, but, voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same way in any country.”\n\nGovernment cryptos will be a very, very bitter pill to swallow for current true believers in the crypto space but they better get used to them.\n\nA better bet is to assume there’ll be hybrid systems of decentralized and centralized crypto and to design for it right now to avoid getting swallowed in the tsunami to come. Better to embrace the current system with blockchain and then overwhelm it from within rather than ignore it so that it becomes hostile.\n\n3) Decentralized Cryptocurrencies Will Become a Parallel Economic Operating System for the Planet\nJust because centralized cryptos rise to prominence doesn’t mean the decentralized cryptos will go away. Oh, many governments will try, but in the end they’ll fail to stamp them out. The reasons are simple.\n\n\nThe same factors that make it hard to form consensus across a blockchain, make it hard for all the world’s governments to agree on anything. They won’t be able to do it. Some governments will love decentralization and others will hate it.\n\nEven as some countries openly rail against them, many others will openly embrace decentralized cryptocurrencies, especially the ones who suffered the worst under the dominance of Europe and the US dollar over the last century.\n\nI see the Latin American countries, freewheeling no-holds-barred globalists like Singapore, historical bankers-to-the-world Switzerland and many of the Asian and African countries welcoming decentralized crypto with open arms, if only to stick it to the current empires.\n\nIf all the countries don’t agree, then decentralized cryptos are never going away, even as centralized cryptos come to power.\n\nBut to remain relevant, decentralized cryptos need to move fast. They need a killer app. Right now they’re vulnerable to attack. To really take root they need that killer app to spread virally across the globe. It’s got to be something so indispensable that people can’t imagine their lives without it. This will bring existing power players into the system and they will then use that power to defend it against attacks from outside powers.\n\nI outlined one of the ways that can happen in my article for gamifying the distribution of money. But that’s just one way it can play out. There are many, many more. If you’re working on a platform now, know that it’s a race against time before central cryptos take root.\n\n4) The Killer App for Crypto is NOT a Browser\n\nThis is a classic example of grafting old inventions onto a new system. The Brave Browser is awesome and I bet I’ll really love it as it gets paired with BAT and/or a universal payment system that automatically swaps cryptocurrencies without the need for an exchange but I don’t see it as the final interface to the blockchain. I see it as a potential intermediate step.\n\nSo what does the killer app look like?\n\nI don’t know.\n\nBut I know it is:\n\nUbiquitous\nEasy to use\nActs as a platform for everything from changing money to getting tickets to protecting privacy and information.\nOpen source\nIt’s also something totally new and original that expands and extends the best characteristics of the blockchain while minimizing its greatest weaknesses.\n\nMaybe a decentralized AI assistant or attention filter? The possibilities are endless so get moving!\n\n5) Blockchain is Just the Beginning of Decentralized Consensus\nBlockchain systems are only the first successful implementation of decentralized consensus mechanisms.\n\n\nPeople are already inventing new ones like IOTA’s Tangle and the HashGraph.\n\nIt doesn’t really matter if both of those projects prove failures in the long run because some other project will create another method. This is virtually guaranteed.\n\nOver the next twenty years, I predict dozens, if not hundreds of experimental distributed consensus protocols, capable of transaction levels that blow away Visa level processing, augmented by artificial intelligence systems.\n\nIt’s also strongly possible that none of these systems will be designed by humans.\n\nInstead AI’s will rapidly iterate on ideas and come up with systems that no human ever could if they had a hundred years. They’ll draw their inspiration from nature and systems of insects or roots or other biological systems like proteins.\nhttps://youtu.be/Ujvy-DEA-UM\nOne or two of these systems will come to dominate all coins and become the meta-system to rule them all, uniting many different kinds of coins and running the entire system like a massive fractal that enables countless daughter networks to flourish inside of it.\n\n6) Crypto Will Get a LOT Easier to Use\nToday’s user experience in crypto is awful.\n\nIf I mistype something or copy and paste wrong, my money disappears forever. If there’s a software glitch I lose my money forever. If someone hacks my computer or phone my money is gone forever.\n\nSee a trend there? Make any mistake you’re toast. It’s like driving a motorcycle on the edge of a one inch mountain road with no rail.\n\n\nThe core wallets are slow, hard to use and ugly. When I last upgraded Ethereum, it forgot to keep my private keys so I had to go restore them all. Earlier this year I had an old Bitcoin stuck in an ancient version of Multibit from 2013. It took me a week to free it after the software mistakenly thought I had sent a transaction that was never actually broadcast.\n\nImagine these wallets going into cold storage and coming out five years later. Will they even be usable? What happens when quantum computers come out and we need to completely update the basic protocols that underscore the system?\n\nThe average person will never be able to do these procedures. Zero chance. Two decades in IT taught me that people can and will screw up their machines in ways that are utterly unimaginable to tech people. Murphy’s Law rules.\n\nEven worse, there’s no way to reverse any transaction or to secure it against mistakes. I foresee many algorithmic methods to freeze, roll back and protect transactions, as well as ways to self-escrow money and recover stolen money. Think of them as automated versions of calling the bank and declaring a card stolen.\n\n\nIf grandma can’t do it, forget it. Everyone is not an IT person who can bang away at the Linux terminal.\nOnly systems that provide all the features of the old system plus brand new features achieve mass adoption.\n\nThink about CD-ROM books from the 80’s again. They had a bunch of new features, like charts and color and you could back them up.\n\nBut it wasn’t good enough because CD’s had fatal flaws. Ray Kurzweil calls this the “false pretender” phase of evolutionary development in his book The Singularity is Near. The new tech has some advantages but too many disadvantages to really make it with the wider world and replace the old technology.\n\n\nIt wasn’t until Kindles and iPads came along that eReaders had all the old features of reading a book, such as portability and being easy on the eyes, plus new features like the ability to carry a thousand books with you at once, something no dead tree could compete with, that it could really take off.\n\nCryptos must follow a similar path from fatally flawed to bringing untold new powers to people and businesses to acheive world dominance.\n\nI also see many of the kinds of systems we really need arising from the desire to pass digital money down to your children. For that we will need ad-hock banks formed with groups of people as needed or algorithmic banks and bullet proof multi-signature wallets with decentralized cloud or foglet services to act as the final arbiter.\n\nIt won’t be enough to simply shard up your keys and give them to trusted friends or loved ones. That is a first pass solution. Friends stop being friends, people get divorced or die or worse. We need something better and completely automated.\n\nThink about how hard it would be to pass your Bitcoin down to your loved ones now. What if you died tomorrow or got hit on the head and forgot your password?\n\nEven if you plan for it, it kind of sucks too.\n\n\nYou would have to create a will, lock a backup of your private keys and wallet in a safe, give the password to an estate lawyer and hope that he doesn’t make off with it or the USB stick or Trezor/Nano doesn’t die. You could also create a multi-signature wallet with some friends and family members and hope someone doesn’t check a different version into Github with a backdoor or bug and screw it up. All of it is ugly and immature. It’s unacceptable.\n\nBy the way, if you want to start a crypto business that everyone will need in the future, solve the inheritance problem. Everyone will pay you gladly.\n\nI foresee drag and drop smart contracts and AI generated wills with self-escrowing money. In essence, the blockchain itself will be the bank and the customer service department, perhaps using your biometric markers and third party proof-of-staked groups or a decentralized AI that can verify your loved ones, as well as trigger events like your end of days. Automated password and key recovery will be STOP.\n\nWhatever it looks like, we’ll need algorithmic approximations of the controls we have now for giving money to people we want and keeping it out of the hands of people who want to rob us. We also need the system to protect us from accidents, death and going nuts.\n\n7) The protocols of Coins will Get Abstracted from the Coins Themselves\nRight now all the coins that exist are inextricably bound to their protocols.\n\nI expect us to abstract away the protocols for exchanging, sending and receiving as well as securing, defending and storing our coins.\n\nThis will mirror the evolution of today’s servers from bare metal to virtualization to containers to serverless.\n\n\nTo start with, most coins can’t scale. We can’t even come close to hitting Visa level transaction processing on chain, the holy grail of any crypto system and the subject of much in-fighting and controversy. Bitcoin can do 7 transactions per second at its peak.\n\nSome people have gone so far as to consider this a virtue of the coin as it encourages people to save and store it rather than send it.\n\nThat’s just absurd.\n\nWe should be able to move the coin as fast and as far and as often as we like.\n\nLet’s face it, the 1 MB limit is nothing but a hack. Originally Bitcoin had no limit. Then Satoshi snuck it in overnight with no mention of it and no explanation in the source code. It was most likely nothing but a ham-fisted way to prevent DDoS attacks.\n\nWe can and will come up with better flooding protections.\n\nAre you a 1MB adherent? How about SegWit2X’s 2MB? Maybe you go for Bitcoin Cash’s 8MB block?\n\nWrong. All of them wrong and ridiculous.\n\n\nAccording to the folks at the Lightning Network if we had seven billion people doing a mere two transactions a day it would take:\n\n24 GB blocks\n3.5 TB/day\n1.27 PB per year\nWe need to think differently and evolve beyond petty nonsense to design real solutions. To survive Bitcoin and crypto must change. It’s got to be easy to integrate new defenses, newer cryptographic algorithms when quantum computers come knocking and better speeds and innovations.\n\nWe can’t just rest on the laurels of the Satoshi vision and assume he thought of everything.\n\nHe didn’t.\n\nAnd frankly, who gives a fuck what Satoshi thinks? He left the project. If he really wanted to guide it he could have stuck around like Linus did with Linux. But he didn’t. He left it up to the rest of us to figure it all out.\n\nSo let’s really start to do that because the current system won’t stand or will just become dominated by mega-payment processors just like the system we have right now.\n\nOne way to do that is to abstract all the protocols and run all the older coins as something equivalent to virtual machines or containers. Then the rules are separate from the coins themselves.\n\nThat’s just one way, but to really become the promised breakthrough technology, blockchain needs real innovation.\n\nEither way, people need to think quick, or we’ll still be debating 1 MB versus 2 MB while the CryptoRuble and CryptoYuan blow past us.\n\nWe’ll also need this because it will become necessary to defend against hostile actors and APTs (advanced persistent threat) protocol level attacks. Think the Great Firewall of China attacking or blocking transactions by screwing with packets and headers with state level man in the middle attacks. The NEM architecture is a good first step, as it includes firewall like protection for nodes.\n\nBut it needs to go further to stop even more insidious and devastating assaults and it can’t take fours years and a hard fork to implement the solution.\n\n\nThe best solutions will likely be externalized security rule chains downloaded to all nodes in the network that act as intrusion detection, firewalls and protocol inspectors and AI based auto-evolving rulesets and countermeasures.\n\nThink Neuromancer’s ICE.\n\n8) We will have Four Dominant Meta Coins, Plus Fifty to One Hundred Minor Coins, and Infinite Virtual Variations of These Coins, Plus State Coins\nRight now we’re making coins for everything.\n\nGot an identity platform like Civic? Make a coin.\n\nCreated decentralized DNS? Make a coin and ICO!\n\nBuilding a scratch-your-ass on the blockchain app? You need a coin my friend!\n\n\nActually you don’t need a coin.\n\nCoins will start to shake out into various meta categories. At this point I can only see four types of coins needed, with a blockchain of blockchains (or post-blockchain tech) seamlessly swapping them as needed to consume services:\n\nDeflationary Saver Coin\nInflationary Spender Coin\nAction Token\nReward Token\nDeflationary coins are for hoarding and investing. They will rise over time and benefit savers. Everyone needs this kind of investment and it’s the reason Bitcoin started in the first place.\n\nAn inflationary coin mirrors the dollar today. Nobody likes spending Bitcoin on a flat screen TV only to realize that they paid $175,000 for it a few years later as the price of Bitcoin rockets up. We need stable, spendable coins. Imagine this as the classic “store of value” Paul Krugman is always bitching about and know that we actually do need this to buy and sell every day goods.\n\nAn action token is for actions on the network that should always be free such as voting or sending a text message. These are not microtransactions. Resetting my password on something should not cost the equivalent of two pennies. As the EOS folks say “If you went to Amazon and it cost three cents to load the page, nobody would load the page.”\n\nReward tokens are designed to flow around the system as a digital representation of karma, incentivizing good behavior and punishing bad behavior.\n\nYou could literally build the ultimate universal system with just these four coins. Every other coin could simply act as a subcomponent of those coins with different metadata.\n\n9) We’ll Learn We Didn’t Know Crap About Economics\nAre you a Keynesian planner or an Austrian free market adherent?\n\nThe answer is who cares?\n\n\nAll of our economic theories are based on studies conducting with limited data in the analog age of ink and wood pulp. All current economic theory will prove about as advanced as cave paintings as we experiment with new economic systems over the coming years.\n\nThat’s what these new coins are: Micro-economic systems at war.\n\nIt’s Darwinian economics.\n\nA few basic laws of economics will hold true but many of them will simply fall by the wayside. That’s because with blockchain dominate systems we’ll have real time economic data on a global scale not just a bunch of guesses done with pencil and paper a hundred years ago.\n\nAs artificial intelligence tracks statistics in real time around the globe we’ll be able to see the real effects of a steel tariff enacted in one country as prices shoot up for building in another country dependent on that steel. We’ll track global production and manufacturing with unbelievable precision and what we learn will very much surprise us in so many wonderful ways.\n\n10) A DAO Will Grow to Fortune 500 Status\nThe most likely DAO to reach this milestone will be a DAO that mirrors an open version of Visa, in that it will likely take cuts from the transactions and miners on the most dominant network and it will help fund the future development and governance of that network.\n\n\nIt will not hoard all the money but act as a nexus that flows the money down to other businesses and DAOs via smart contract as well as to state and local governments and other non-governmental entities that benefit the network.\n\nTo do that though the DAO has to evolve.\n\nRight now we think of DAO’s as a smart contract. Not even close.\nA DAO will require AI to help manage and mitigate its rulesets and it will need to be able to auto-generate templated governance models. Governance is everything in DAOs and there are no good scalable models yet to manage a company the size of a major corporation today as an open source meritocratic workplace. Early DAOs failed because they have what I call the Brave New World problem.\n\nEveryone imagines they’re the chief and nobody wants to take out the trash.\n\nIt’s hard to order paperclips when everyone is a king in a DAO.\n\nTo function effectively a team needs role players and stars. People also have to understand their role and accept it, even if it will change later as they build merit and experience in the system.\n\nManagement is hard enough as it is in corporate environments. How do you fire someone for non-performance in a DAO? How do you ensure that the guy in charge of ICO security is actually qualified and not just elected because everyone likes him? You can’t risk someone running off with $45 million in Bitcoin because Bob got elected for his great stories about Burning Man and his painting skills.\n\nThe automated corporate and non-profit architectures of tomorrow will have to evolve incredible tools for ongoing management and decision making as well as operating agreements that function like code to become a reality.\n\n11) The Gig Economy Will Grow Big Time\nPeople from the World War II generation had one or two jobs their whole life.\n\nToday we have five or six.\n\n\nTomorrow’s people will have five or six at the same time.\n\nHalf of those income streams will be automated and passive, likely some kind of crypto UBI. We will also see the rise of AI job matching services. The machines will know your capabilities and skill sets and match short term gigs to you so you don’t even have to look for a job.\n\nImagine a software project that requires an insane amount of code, something like ten trillion lines. Software projects are only getting more complicated and will continue to grow. AI’s will write and test half of it but people will write the other half. The project would get fed into a distributed, decentralized system that chunks up and parses out the work, acts like a project manager and delivers the work to coders all across the worldwide network based on the reputation and skillset fingerprint.\n\nThink of it like an AI Github married to UpWork and the Mechanical Turk system.\n\nIt could work for manufacturing and all kinds of blue collar work as well, which can make a big dent in the haves and have-nots divide we see today.\n\nThe Hong Kong subway AI is perhaps the first prototype of this kind of network, even if it’s not a perfect analogy. It predicts what will fail on the subway and sends engineers to get ahead of the failures. That makes the uptime of the world’s busiest subway 99%.\n\nMuch of this will be governed by Externalized Reputation Banks powered by blockchains that will be the social credit of tomorrow.\n\nThis will be both good and very, very evil.\n\n\nBlack Mirror’s Social Credit.\nOn the evil side of the house we have the Chinese Social Credit system that is about as Black Mirror as it gets today. It will get infinitely worse as nation-states use Reputation Banks to cram ideology down people’s throats.\n\nBut open, publicly managed Rep Banks will help us find relationships and work and figure out who to trust in business and in life.\n\nIt will be a double edged sword.\n\nThe main challenge is that very few people can agree on what is good or bad in a system and ideology tends to warp those concepts into unrecognizable messes. It will be incredibly easy to create a ruleset that enslaves us all if we’re not careful.\n\nThe Controversy Kings\nI just cranked through some of the easier predictions to make. Now let’s toss out a few that just might spark fierce debates and controversy in the community.\n\n12) The Blockchain Will Enable All Kinds of Evil\nCrypto enthusiasts will have to come to terms with the fact that the blockchain can and will enable as much evil as it does good.\n\n\nNothing is all good or evil. Everything exists on a continuum. You can kill someone with a gun but you can also feed your family by hunting. Water sustains life but it can also drown you or even poison you.\n\nIf you’re out there designing a system right now with the “move fast and break things” DevOps approach, just know that it’s most likely a disaster for systems that can algorithmically govern many aspects of our lives.\n\nInstead, you should adopt a go slow, think about it and don’t break things approach.\n\nYou should start thinking about all the ways to destroy your system or you won’t be able to defend it. If you aren’t imagining all the ways a hostile group will use the power of blockchain, one that doesn’t share your views on openness and freedom and collaboration, then you’re just naive.\n\n\nI’m half way through an article called “What If Hitler Had the Blockchain?” Frankly, I don’t want to publish it because I don’t want to give the bad guys any fresh ideas but rest assured it probably doesn’t matter. Their dark minds are already hard at work imagining how to use blockchain as a system of repression and control.\n\nI will be somewhat intentionally vague here, so as not to put all of these ideas out into the collective unconscious but think digital tracking of all aspects of your life from where you go and what you do, to statistical predictions about your behavior, as well as behavioral algorithms designed to incentivize you to conform to an ideology, and lastly think unbreakable digital rights management and outright genocide.\n\nGenocide?\n\nYeah.\n\nDon’t forget that IBM helped the Nazis manage the holocaust with punch cards for tracking victims.\n\nWhat could they have done with blockchain? Answer: Many more horrible atrocities that we can only begin to imagine now.\n\nMaybe you think that an open system will always prevent abuses?\n\nWrong.\n\nIf the Internet has taught us anything it’s that open systems tend towards centralization and given enough time central powers can and will subvert and corrupt any system to their own ends.\n\nIf you’re working in crypto and you’re not thinking about all the ways to misuse crypto then it’s very likely that instead of designing a system to save the world you just created a prison for it.\n\n13) Bitcoin Has a 50/50 Shot At Surviving\nMost true believers will not like this one but honestly, 50/50 might be really, really high here.\n\n\nI know, I know. You’ve heard it all before! The Money Badger can’t be stopped! New ATH!!!! Buy and HODLz forever!\n\nLook you stuck with me this long so stick with me a little longer so I can explain.\n\nFirst off, I’m rooting for Bitcoin to live until my dying days but let’s look at this objectively for a few minutes to see why it might go down hard. It’s probably not what you think.\n\nBitcoin has first mover advantage. It’s the absolute first of its kind and still dominates the global market share but it also suffers from a number of major flaws that could kill it.\n\n\nBasically, it’s the Model T of the blockchain revolution.\n\nHow many Model T’s do you see on the street today?\n\nCan you retrofit a Model T to make it burn rubber like a Lamborghini? Can you add sophisticated electronics to make it a self-driving Tesla? Nope.\n\nTo start with, Bitcoin has no built-in governance. This is a crucial flaw. Only a few ways to change it exist. The first is to submit a proposal where almost everyone agrees and as we have seen with SegWit, that’s incredibly hard. It took four years for the change to get adopted.\n\nThe second is to start a new project and hard fork it. This might be the only way this actually works in the end. A team might fork it and build in governance, but it’s a long shot.\n\nA coin with well designed, widespread, build-in governance will have a massive advantage over Bitcoin and could easily replace it, as it makes upgrades seamless and smooth.\n\nUpgrades and responses to attacks by well funded hostile forces will need to move fast and percolate throughout the network in hours or days, not years.\n\nWhat about scaling? We already talked about that problem. Changing the blocksize won’t cut it. It will require something more radical.\n\n\nWhat if China turns the Great Firewall on it? Would it even be possible to retrofit private relays and other anti-interference code into the system at this late stage?\n\nWhat if governments simply decide that they will spend a billion dollars on a datacenter and secretly designed ASICs to run the system? Could any miners compete?\n\nWhat if hostiles just decided to round up all the core developers? How easy would it be to replace them considering the tremendous shortage of talent in the crypto world now?\n\nThese are only some of the nearly insurmountable problems of my favorite crypto. I point them out not to kill it but to make people think. If you can really see a problem you can find a way to fix it. But if we’re only going to deal with fake problems like the blocksize limit we will get nowhere.\n\nBitcoin is a beautiful, brilliant idea and it’s already changed the world. It won’t fail because it’s a fraud or a scam, but because of its own hard coded rules, in-fighting and lack of governance.\n\nOf course, it doesn’t have to fail. We can start thinking about how to save it right here, right now.\n\nAs I noted earlier, some kind of virtualization or containerization that allows Bitcoin to adapt and evolve by migrating to an abstracted set of protocols and defenses would help ensure that it not only survives but thrives.\n\nI’m rooting for it. I’m betting if you’re reading this, you are too.\n\nThe best way to make sure it survives is to understand all the real reasons it could fail and start designing real solutions to those problems today, so that when they do arrive, we’re ready.\n\nThe Final Frontier\nI have a lot more predictions but I’ll save them for my fiction. Maybe I’ll do a followup if this article goes viral.\n\nI also left a few evil ideas off the table because I don’t want to see them come to pass. If someone else comes up with them, there’s nothing I can do about it but the worst scenarios in the Monte Carlo pathways of tomorrow will not come from my keyboard.\n\nCryptocurrencies represent a fundamental upgrade to the economic systems of the world. Once they’re fully booted up and integrated into the global and interplanetary networks of the future, the world will look very, very different in ways we can only begin to understand.\n\nHundreds of years from now, today’s economies will look like the feudal economies of the past.\n\n\nCyrptocurrencies, decentralized apps and DAOs even hold the possibility of bootstrapping us into Star Trek like post-scarcity economies but it will take time.\n\nI’m not betting on Singularity level acceleration taking us there tomorrow, even if I sprinkle the Singularity into all my sci-fi work because it’s the stuff of great fiction. But it’s probably not reality.\n\nIf I’m wrong, then my uploaded and snapshotted virtual mind, running on a global fog of computronium in a Matrioshka brain will just have to deal with it.\n\nBut I doubt it.\n\nSo where does that leave us?\n\nCrypto will be both good and evil like everything in life.\n\nIf you’re working on crypto then you’re building the world of tomorrow but don’t expect it to arrive next week.\n\nInertia has a way of slowing down even the fastest rockets.\n\nJust enjoy the ride while we boldly go where no one has gone before.\n\n############################################\n\nCheck out the interview I did with the awesome Core Media team on the future of #crypto on SoundCloud:\n\n\n############################################\n\nIf you love my work please visit my Patreon page because that’s where I share special insights with all my fans. Top Patrons get EXCLUSIVE ACCESS to the legendary Coin Sheets Discord where you’ll find:\nMarket calls from me and other pro technical analysis masters.\nAccess to the Coin’bassaders only private chat.\nBehind the scenes look at how I and other pros interpret the market.\nYou also get exclusive access to a monthly virtual meet up with me, where I’ll share everything I’m working on and give you a behind the scenes look at my process.\nI’ll follow each talk with a Q&A session. Ask me anything and I just might answer.\n############################################\n\nIf you love the crypto space as much as I do, come on over and join DecStack, the Virtual Co-Working Spot for CryptoCurrency and Decentralized App Projects, where you can rub elbows with multiple projects. It’s totally free forever. Just come on in and socialize, work together, share code and ideas. Make your ideas better through feedback. Find new friends. Meet your new family.\n############################################\n\n\nPhoto credit\nA bit about me: I’m an author, engineer and serial entrepreneur. During the last two decades, I’ve covered a broad range of tech from Linux to virtualization and containers.\n\nYou can check out my latest novel,an epic Chinese sci-fi civil war saga where China throws off the chains of communism and becomes the world’s first direct democracy, running a highly advanced, artificially intelligent decentralized app platform with no leaders.\n\nYou can get a FREE copy of my first novel, The Scorpion Game, when you join my Readers Group. Readers have called it “the first serious competition to Neuromancer” and “Detective noir meets Johnny Mnemonic.”\nYou can also check out the Cicada open source project based on ideas from the book that outlines how to make that tech a reality right now and you can get in on the alpha.\nLastly, you can join my private Facebook group, the Nanopunk Posthuman Assassins, where we discuss all things tech, sci-fi, fantasy and more.\n############################################",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"crypto\"],\"image\":[\"https://steemitimages.com/DQmUcQn5Qm5b7WqUZhppKy4awYRu4orqcGp3KgXLoJi64rz/image.png\",\"https://steemitimages.com/DQmey3pFdXqBuHGdormps2SHNsrq3wjg1XxmTTMT7fsYTiX/image.png\",\"https://steemitimages.com/DQmWqSCoMyWGEs24S6QwthkuTU3wHMcKEtCMty8LtnbZvdm/image.png\",\"https://steemitimages.com/DQmbgJwcQLKoRKm64xezaZVCDYbKt6VAyfysYYC7MoSGXfU/image.png\",\"https://img.youtube.com/vi/-KJPP7GkuPU/0.jpg\",\"https://steemitimages.com/DQmXLJwwE5w2mk754F7xjw9GcecSqivEjbPFJVVRN2ok3At/image.png\",\"https://steemitimages.com/DQmPtpz5zr7s2rwdrZiQtwbFa5j7EozHxETFg5xiiR9v5Rx/image.png\",\"https://steemitimages.com/DQmRkEGyferqVnHiFweVB6HZjhjtTbeAkfxspRHsWVaAvem/image.png\",\"https://steemitimages.com/DQmUoPbNDkqnXRHLbZT3Ad4Q3t5rY2aA6fXfaGGcNDZBAYc/image.png\",\"https://img.youtube.com/vi/XEVlyP4_11M/0.jpg\",\"https://img.youtube.com/vi/Ujvy-DEA-UM/0.jpg\"],\"links\":[\"https://twitter.com/LegendOfCrypto\",\"https://youtu.be/-KJPP7GkuPU\",\"https://youtu.be/XEVlyP4_11M\",\"https://youtu.be/Ujvy-DEA-UM\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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}
2018/05/07 22:24:42
voterthailang
authormimikombat
permlinksketches-jhin-the-deathly-hallows-league-of-legends
weight10000 (100.00%)
Transaction InfoBlock #22233224/Trx 6b9fcd4c191108cf54090eeece8b6b2f5485505d
View Raw JSON Data
{
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thailangupvoted (100.00%) @uri-bruck / still-life-16
2018/05/07 22:24:30
voterthailang
authoruri-bruck
permlinkstill-life-16
weight10000 (100.00%)
Transaction InfoBlock #22233220/Trx 43b2c32c84f4ccbf7c4462a659346fe223e47abc
View Raw JSON Data
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}
2018/05/07 22:24:21
voterthailang
authorproducerbtw
permlinkcoin-boys-coin-of-the-show-iota
weight10000 (100.00%)
Transaction InfoBlock #22233217/Trx 00bd0668959df49229da73795b96d61c6262dc3c
View Raw JSON Data
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2018/05/07 22:23:27
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"buzcoin","what":["blog"]}]
Transaction InfoBlock #22233199/Trx b8d8173a371bf2ee3d85153bb083d1b1673296c2
View Raw JSON Data
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}
2018/05/06 09:16:33
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"rankingball101","what":["blog"]}]
Transaction InfoBlock #22188679/Trx b97a57cbb27d4047479f0b98f1a8d7d33a476d94
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}
2018/04/27 09:02:39
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"spartaico","what":["blog"]}]
Transaction InfoBlock #21929273/Trx a184a44df621cfee0e36eb54160415adba17751c
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}
2018/04/12 14:38:45
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"danhthong","what":["blog"]}]
Transaction InfoBlock #21504710/Trx 3bf7f66fd42cd9be10db1abb9f8f5f8f231d3aa6
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}
2018/04/12 03:00:36
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"dennishlewis","what":["blog"]}]
Transaction InfoBlock #21490750/Trx ed6f6ab03c9134aadb915a6bfdc9a5aa699c8919
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{
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}
2018/04/10 19:16:09
voterkotopesok
authorthailang
permlinkre-menchester-airdrop-kayocredits-20180405t143949748z
weight10000 (100.00%)
Transaction InfoBlock #21452665/Trx 521f8da7244c70343ae15eb1a82daac860f9a7d2
View Raw JSON Data
{
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  "op": [
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2018/04/07 06:18:27
voterspecialhyips
authorthailang
permlinkre-menchester-airdrop-kayocredits-20180405t143949748z
weight10000 (100.00%)
Transaction InfoBlock #21350718/Trx 704612bf5e9199b2beb6db5f95b404601d47af50
View Raw JSON Data
{
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  "op": [
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}
thailangfollowed @ouna
2018/04/05 17:43:42
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"ouna","what":["blog"]}]
Transaction InfoBlock #21306824/Trx 3dda5d45c9a05f6e2afa8b90e94c1072cb27c39c
View Raw JSON Data
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}
2018/04/05 14:40:15
voterintroduce.bot
authorthailang
permlinkre-menchester-airdrop-kayocredits-20180405t143949748z
weight100 (1.00%)
Transaction InfoBlock #21303155/Trx 19470e9389cb31005fcf198a1f510ed5fd4505ad
View Raw JSON Data
{
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  "op": [
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}
2018/04/05 14:39:51
parent authormenchester
parent permlinkairdrop-kayocredits
authorthailang
permlinkre-menchester-airdrop-kayocredits-20180405t143949748z
title
bodygood project .
json metadata{"tags":["airdrop"],"app":"steemit/0.1"}
Transaction InfoBlock #21303147/Trx 1ba1f47837ab5f421f57ddcfafdab3568f023f84
View Raw JSON Data
{
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      "author": "thailang",
      "permlink": "re-menchester-airdrop-kayocredits-20180405t143949748z",
      "title": "",
      "body": "good project .",
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}
2018/04/02 18:49:21
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"gangresteem","what":["blog"]}]
Transaction InfoBlock #21221754/Trx 6b6514b6e8138af60ced51faa2de599cda624e27
View Raw JSON Data
{
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      "json": "[\"follow\",{\"follower\":\"thailang\",\"following\":\"gangresteem\",\"what\":[\"blog\"]}]"
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}
2018/04/02 18:49:15
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"gangresteem","what":["ignore"]}]
Transaction InfoBlock #21221752/Trx 95b44beaa7930f2e5f4d2b2e195513f2e74b0139
View Raw JSON Data
{
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      "json": "[\"follow\",{\"follower\":\"thailang\",\"following\":\"gangresteem\",\"what\":[\"ignore\"]}]"
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}
2018/04/02 18:48:24
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"tranhaison","what":["blog"]}]
Transaction InfoBlock #21221735/Trx bab3ff31a0c36485891f28a6e9af1ad671c509f3
View Raw JSON Data
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      "json": "[\"follow\",{\"follower\":\"thailang\",\"following\":\"tranhaison\",\"what\":[\"blog\"]}]"
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}
2018/04/02 18:48:24
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"nguyenshaphia","what":["blog"]}]
Transaction InfoBlock #21221735/Trx 85d6ba77c09f9d2b234b22afa5c54d354d5bde88
View Raw JSON Data
{
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  "op": [
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      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"thailang\",\"following\":\"nguyenshaphia\",\"what\":[\"blog\"]}]"
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}
thailangfollowed @mlpd
2018/04/02 18:48:21
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"mlpd","what":["blog"]}]
Transaction InfoBlock #21221734/Trx e0fdac686d4d9c04250e77c92ff0415d453f366a
View Raw JSON Data
{
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      "json": "[\"follow\",{\"follower\":\"thailang\",\"following\":\"mlpd\",\"what\":[\"blog\"]}]"
    }
  ]
}
2018/04/02 18:48:21
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"gangresteem","what":["blog"]}]
Transaction InfoBlock #21221734/Trx 87ede8a4f14ea4a3bd51b11d986299bd3420da9e
View Raw JSON Data
{
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      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"thailang\",\"following\":\"gangresteem\",\"what\":[\"blog\"]}]"
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}
2018/04/02 18:39:39
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"trannguyen68","what":["blog"]}]
Transaction InfoBlock #21221560/Trx afd35b42f887d923c43dc70788c3ab860a7e052b
View Raw JSON Data
{
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        "thailang"
      ],
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      "json": "[\"follow\",{\"follower\":\"thailang\",\"following\":\"trannguyen68\",\"what\":[\"blog\"]}]"
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}
2018/04/02 18:38:18
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"sonnui","what":["blog"]}]
Transaction InfoBlock #21221533/Trx 7004dcc9a8ca5125032e24d74a3f5e14e2ed55f6
View Raw JSON Data
{
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}
2018/04/02 18:33:09
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"nguyenqt","what":["blog"]}]
Transaction InfoBlock #21221430/Trx 1377d2459736a097f2e319849d0d6fc95b2372db
View Raw JSON Data
{
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        "thailang"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"thailang\",\"following\":\"nguyenqt\",\"what\":[\"blog\"]}]"
    }
  ]
}
steemdelegated 18.662 SP to @thailang
2018/04/02 18:32:51
delegatorsteem
delegateethailang
vesting shares30388.851030 VESTS
Transaction InfoBlock #21221424/Trx f2699ab3fc27b5457575463609eb3decdeb765cd
View Raw JSON Data
{
  "trx_id": "f2699ab3fc27b5457575463609eb3decdeb765cd",
  "block": 21221424,
  "trx_in_block": 37,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-02T18:32:51",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "thailang",
      "vesting_shares": "30388.851030 VESTS"
    }
  ]
}
2018/04/02 18:31:54
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"boiboi2020","what":["blog"]}]
Transaction InfoBlock #21221405/Trx f4087f0581e57344bbff4c82c7cb8e80836075b8
View Raw JSON Data
{
  "trx_id": "f4087f0581e57344bbff4c82c7cb8e80836075b8",
  "block": 21221405,
  "trx_in_block": 27,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-02T18:31:54",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "thailang"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"thailang\",\"following\":\"boiboi2020\",\"what\":[\"blog\"]}]"
    }
  ]
}
thailangupdated their account properties
2018/04/02 18:27:21
accountthailang
memo keySTM6fRd9ygV1stzKBZfwChVXJ3ZEFsD1mrPACoDVEctcM2y3rR29q
json metadata{"profile":{"profile_image":"https://www.wallpapersbrowse.com/images/ie/ieljc1u.jpg","cover_image":"http://www.creativehdwallpapers.com/uploads/large/background/landscape-nature-background-image.jpg"}}
Transaction InfoBlock #21221314/Trx a018a2495cf7cb67dd4e64d58bff890457922a95
View Raw JSON Data
{
  "trx_id": "a018a2495cf7cb67dd4e64d58bff890457922a95",
  "block": 21221314,
  "trx_in_block": 16,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-02T18:27:21",
  "op": [
    "account_update",
    {
      "account": "thailang",
      "memo_key": "STM6fRd9ygV1stzKBZfwChVXJ3ZEFsD1mrPACoDVEctcM2y3rR29q",
      "json_metadata": "{\"profile\":{\"profile_image\":\"https://www.wallpapersbrowse.com/images/ie/ieljc1u.jpg\",\"cover_image\":\"http://www.creativehdwallpapers.com/uploads/large/background/landscape-nature-background-image.jpg\"}}"
    }
  ]
}
thailangupdated their account properties
2018/04/02 18:16:30
accountthailang
memo keySTM6fRd9ygV1stzKBZfwChVXJ3ZEFsD1mrPACoDVEctcM2y3rR29q
json metadata{"profile":{"profile_image":"https://anhdepbonphuong.com/bo-hinh-nen-thu-cung-cho-dien-thoai-cuc-yeu/"}}
Transaction InfoBlock #21221097/Trx 9f1f801c53cea2c921072564c596c59b53854268
View Raw JSON Data
{
  "trx_id": "9f1f801c53cea2c921072564c596c59b53854268",
  "block": 21221097,
  "trx_in_block": 16,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-02T18:16:30",
  "op": [
    "account_update",
    {
      "account": "thailang",
      "memo_key": "STM6fRd9ygV1stzKBZfwChVXJ3ZEFsD1mrPACoDVEctcM2y3rR29q",
      "json_metadata": "{\"profile\":{\"profile_image\":\"https://anhdepbonphuong.com/bo-hinh-nen-thu-cung-cho-dien-thoai-cuc-yeu/\"}}"
    }
  ]
}
2018/04/02 17:37:18
required auths[]
required posting auths["thailang"]
idfollow
json["follow",{"follower":"thailang","following":"ngocvan","what":["blog"]}]
Transaction InfoBlock #21220313/Trx 403ae6e07aff2b291f28d9920ff48c2faf968f4c
View Raw JSON Data
{
  "trx_id": "403ae6e07aff2b291f28d9920ff48c2faf968f4c",
  "block": 21220313,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-02T17:37:18",
  "op": [
    "custom_json",
    {
      "required_auths": [],
      "required_posting_auths": [
        "thailang"
      ],
      "id": "follow",
      "json": "[\"follow\",{\"follower\":\"thailang\",\"following\":\"ngocvan\",\"what\":[\"blog\"]}]"
    }
  ]
}
steemcreated a new account: @thailang
2018/04/02 16:38:57
fee0.100 STEEM
delegation30690.000000 VESTS
creatorsteem
new account namethailang
owner{"weight_threshold":1,"account_auths":[],"key_auths":[["STM5KhomsD92mLFsz8DpcMrJTEZEjzLBgjejN55La6Co1dW5FkFjo",1]]}
active{"weight_threshold":1,"account_auths":[],"key_auths":[["STM8beYgJLtP9bE1FkG7t2ZRCNLu1GuwUATWbPofkmemaPYZKadmJ",1]]}
posting{"weight_threshold":1,"account_auths":[],"key_auths":[["STM6HiMhuxXrEsnGFdjF7BmsU9UUcnz1JzjXucWybrpaew7akDWFE",1]]}
memo keySTM6fRd9ygV1stzKBZfwChVXJ3ZEFsD1mrPACoDVEctcM2y3rR29q
json metadata{}
extensions[]
Transaction InfoBlock #21219146/Trx 2f31323f471ae3ac1173d0d301007d16e8ff4a27
View Raw JSON Data
{
  "trx_id": "2f31323f471ae3ac1173d0d301007d16e8ff4a27",
  "block": 21219146,
  "trx_in_block": 59,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-02T16:38:57",
  "op": [
    "account_create_with_delegation",
    {
      "fee": "0.100 STEEM",
      "delegation": "30690.000000 VESTS",
      "creator": "steem",
      "new_account_name": "thailang",
      "owner": {
        "weight_threshold": 1,
        "account_auths": [],
        "key_auths": [
          [
            "STM5KhomsD92mLFsz8DpcMrJTEZEjzLBgjejN55La6Co1dW5FkFjo",
            1
          ]
        ]
      },
      "active": {
        "weight_threshold": 1,
        "account_auths": [],
        "key_auths": [
          [
            "STM8beYgJLtP9bE1FkG7t2ZRCNLu1GuwUATWbPofkmemaPYZKadmJ",
            1
          ]
        ]
      },
      "posting": {
        "weight_threshold": 1,
        "account_auths": [],
        "key_auths": [
          [
            "STM6HiMhuxXrEsnGFdjF7BmsU9UUcnz1JzjXucWybrpaew7akDWFE",
            1
          ]
        ]
      },
      "memo_key": "STM6fRd9ygV1stzKBZfwChVXJ3ZEFsD1mrPACoDVEctcM2y3rR29q",
      "json_metadata": "{}",
      "extensions": []
    }
  ]
}

Account Metadata

POSTING JSON METADATA
profile{"profile_image":"https://www.wallpapersbrowse.com/images/ie/ieljc1u.jpg","cover_image":"http://www.creativehdwallpapers.com/uploads/large/background/landscape-nature-background-image.jpg"}
JSON METADATA
profile{"profile_image":"https://www.wallpapersbrowse.com/images/ie/ieljc1u.jpg","cover_image":"http://www.creativehdwallpapers.com/uploads/large/background/landscape-nature-background-image.jpg"}
{
  "posting_json_metadata": {
    "profile": {
      "profile_image": "https://www.wallpapersbrowse.com/images/ie/ieljc1u.jpg",
      "cover_image": "http://www.creativehdwallpapers.com/uploads/large/background/landscape-nature-background-image.jpg"
    }
  },
  "json_metadata": {
    "profile": {
      "profile_image": "https://www.wallpapersbrowse.com/images/ie/ieljc1u.jpg",
      "cover_image": "http://www.creativehdwallpapers.com/uploads/large/background/landscape-nature-background-image.jpg"
    }
  }
}

Auth Keys

Owner
Single Signature
Public Keys
STM5KhomsD92mLFsz8DpcMrJTEZEjzLBgjejN55La6Co1dW5FkFjo1/1
Active
Single Signature
Public Keys
STM8beYgJLtP9bE1FkG7t2ZRCNLu1GuwUATWbPofkmemaPYZKadmJ1/1
Posting
Single Signature
Public Keys
STM6HiMhuxXrEsnGFdjF7BmsU9UUcnz1JzjXucWybrpaew7akDWFE1/1
Memo
STM6fRd9ygV1stzKBZfwChVXJ3ZEFsD1mrPACoDVEctcM2y3rR29q
{
  "owner": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM5KhomsD92mLFsz8DpcMrJTEZEjzLBgjejN55La6Co1dW5FkFjo",
        1
      ]
    ]
  },
  "active": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM8beYgJLtP9bE1FkG7t2ZRCNLu1GuwUATWbPofkmemaPYZKadmJ",
        1
      ]
    ]
  },
  "posting": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM6HiMhuxXrEsnGFdjF7BmsU9UUcnz1JzjXucWybrpaew7akDWFE",
        1
      ]
    ]
  },
  "memo": "STM6fRd9ygV1stzKBZfwChVXJ3ZEFsD1mrPACoDVEctcM2y3rR29q"
}

Witness Votes

0 / 30
No active witness votes.
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