VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS74.87%
Net Worth
2.493USD
STEEM
0.003STEEM
SBD
4.985SBD
Effective Power
5.001SP
├── Own SP
0.630SP
└── Incoming DelegationsDeleg
+4.371SP
Detailed Balance
| STEEM | ||
| balance | 0.003STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.000STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 0.630SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 4.371SP | SP |
| Effective Power | 5.001SP | SP |
| Reward SP (pending) | 1.642SP | SP |
| SBD | ||
| sbd_balance | 0.000SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 4.985SBD | SBD |
{
"balance": "0.003 STEEM",
"savings_balance": "0.000 STEEM",
"reward_steem_balance": "0.000 STEEM",
"vesting_shares": "1025.291147 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7118.368659 VESTS",
"sbd_balance": "0.000 SBD",
"savings_sbd_balance": "0.000 SBD",
"reward_sbd_balance": "4.985 SBD",
"conversions": []
}Account Info
| name | wagerr |
| id | 504545 |
| rank | 456,034 |
| reputation | 33700625441 |
| created | 2017-12-18T05:14:42 |
| recovery_account | steem |
| proxy | None |
| post_count | 4 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2018-01-12T08:02:18 |
| last_root_post | 2018-01-12T08:02:18 |
| last_vote_time | 2018-01-12T10:12:30 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 0 |
| delayed_votes | 0 |
| balance | 0.003 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 0.000 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 1025.291147 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 7118.368659 VESTS |
| reward_vesting_balance | 3365.471364 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 1970-01-01T00:00:00 |
| last_account_update | 2017-12-18T05:23:24 |
| mined | No |
| sbd_seconds | 2,582,010 |
| sbd_last_interest_payment | 2017-12-19T15:43:18 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
{
"id": 504545,
"name": "wagerr",
"owner": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM75jzgDrngpNzTxtXyc3ZW64dEz81ZNsNqecsyEAmm6dcVNPv2C",
1
]
]
},
"active": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM7Y14Q2wisKVGSetyF688pqCS7ucxPgEGgm6HpkhWC73jLsA2BC",
1
]
]
},
"posting": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM8XD3w9a2htvKL6ZJuDg9whsjQwUdJiRKVqpCE6anXzEam2WsCq",
1
]
]
},
"memo_key": "STM75xyPnegG5YhRvaLxHB28qnVXzSwBiw2UXjzkbByAUa9ie7h53",
"json_metadata": "{\"profile\":{\"profile_image\":\"https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmap4qGaTukp2qyQG3a3HZkM73xEKnUacstkQEN4GmRkSD\",\"cover_image\":\"https://steemit-production-imageproxy-thumbnail.s3.amazonaws.com/U5dtjWdyTdBjwiCKHWz77zzsMU5gt3R_1680x8400\",\"name\":\"Wagerr\",\"about\":\"Revolutionary Blockchain Sports Betting Network\",\"website\":\"http://www.wagerr.com\"}}",
"posting_json_metadata": "{\"profile\":{\"profile_image\":\"https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmap4qGaTukp2qyQG3a3HZkM73xEKnUacstkQEN4GmRkSD\",\"cover_image\":\"https://steemit-production-imageproxy-thumbnail.s3.amazonaws.com/U5dtjWdyTdBjwiCKHWz77zzsMU5gt3R_1680x8400\",\"name\":\"Wagerr\",\"about\":\"Revolutionary Blockchain Sports Betting Network\",\"website\":\"http://www.wagerr.com\"}}",
"proxy": "",
"last_owner_update": "1970-01-01T00:00:00",
"last_account_update": "2017-12-18T05:23:24",
"created": "2017-12-18T05:14:42",
"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": 4,
"can_vote": true,
"voting_manabar": {
"current_mana": "8143659806",
"last_update_time": 1779091527
},
"downvote_manabar": {
"current_mana": 2035914951,
"last_update_time": 1779091527
},
"voting_power": 0,
"balance": "0.003 STEEM",
"savings_balance": "0.000 STEEM",
"sbd_balance": "0.000 SBD",
"sbd_seconds": "2582010",
"sbd_seconds_last_update": "2017-12-19T18:49:39",
"sbd_last_interest_payment": "2017-12-19T15:43:18",
"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": "4.985 SBD",
"reward_steem_balance": "0.000 STEEM",
"reward_vesting_balance": "3365.471364 VESTS",
"reward_vesting_steem": "1.642 STEEM",
"vesting_shares": "1025.291147 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7118.368659 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": 3283,
"proxied_vsf_votes": [
0,
0,
0,
0
],
"witnesses_voted_for": 0,
"last_post": "2018-01-12T08:02:18",
"last_root_post": "2018-01-12T08:02:18",
"last_vote_time": "2018-01-12T10:12:30",
"post_bandwidth": 0,
"pending_claimed_accounts": 0,
"vesting_balance": "0.000 STEEM",
"reputation": "33700625441",
"transfer_history": [],
"market_history": [],
"post_history": [],
"vote_history": [],
"other_history": [],
"witness_votes": [],
"tags_usage": [],
"guest_bloggers": [],
"rank": 456034
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
"incoming": [],
"outgoing": []
}From Date
To Date
2026/05/18 08:05:27
2026/05/18 08:05:27
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 7118.368659 VESTS |
| Transaction Info | Block #106152814/Trx 26d243532217b021b45ade355750288b512feea1 |
View Raw JSON Data
{
"trx_id": "26d243532217b021b45ade355750288b512feea1",
"block": 106152814,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-05-18T08:05:27",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "7118.368659 VESTS"
}
]
}2026/05/13 11:40:27
2026/05/13 11:40:27
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 4406.158254 VESTS |
| Transaction Info | Block #106013823/Trx b528654e3f3e00406442699e0aecf8c5656a2394 |
View Raw JSON Data
{
"trx_id": "b528654e3f3e00406442699e0aecf8c5656a2394",
"block": 106013823,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-05-13T11:40:27",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "4406.158254 VESTS"
}
]
}2026/04/26 07:14:42
2026/04/26 07:14:42
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 7130.884415 VESTS |
| Transaction Info | Block #105520249/Trx ffccd60a94bbcccc9b7eaccd4461f3e18b79702d |
View Raw JSON Data
{
"trx_id": "ffccd60a94bbcccc9b7eaccd4461f3e18b79702d",
"block": 105520249,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-04-26T07:14:42",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "7130.884415 VESTS"
}
]
}2026/01/24 04:52:36
2026/01/24 04:52:36
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 4447.705073 VESTS |
| Transaction Info | Block #102877048/Trx be38467a0c7f4569ec670e2ea9aa0e0fbf005c91 |
View Raw JSON Data
{
"trx_id": "be38467a0c7f4569ec670e2ea9aa0e0fbf005c91",
"block": 102877048,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-01-24T04:52:36",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "4447.705073 VESTS"
}
]
}2024/12/18 00:01:21
2024/12/18 00:01:21
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 4611.924270 VESTS |
| Transaction Info | Block #91323241/Trx 371b52d7927ebce056294fece8298a5b4a39ebc7 |
View Raw JSON Data
{
"trx_id": "371b52d7927ebce056294fece8298a5b4a39ebc7",
"block": 91323241,
"trx_in_block": 8,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2024-12-18T00:01:21",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "4611.924270 VESTS"
}
]
}2023/11/14 15:40:18
2023/11/14 15:40:18
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 4781.057802 VESTS |
| Transaction Info | Block #79877336/Trx 3635400263a87b83eb624baea2bab61d5cb8c396 |
View Raw JSON Data
{
"trx_id": "3635400263a87b83eb624baea2bab61d5cb8c396",
"block": 79877336,
"trx_in_block": 9,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2023-11-14T15:40:18",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "4781.057802 VESTS"
}
]
}2023/09/22 12:31:18
2023/09/22 12:31:18
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 7717.966588 VESTS |
| Transaction Info | Block #78365413/Trx 7079ee87c4f83e71e0fc533a9513a80903f3fbce |
View Raw JSON Data
{
"trx_id": "7079ee87c4f83e71e0fc533a9513a80903f3fbce",
"block": 78365413,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2023-09-22T12:31:18",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "7717.966588 VESTS"
}
]
}2022/11/03 19:43:09
2022/11/03 19:43:09
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 7940.018026 VESTS |
| Transaction Info | Block #69122836/Trx 283d6ff93f75e5a05ba1d059a8f45fd4f74123dc |
View Raw JSON Data
{
"trx_id": "283d6ff93f75e5a05ba1d059a8f45fd4f74123dc",
"block": 69122836,
"trx_in_block": 3,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2022-11-03T19:43:09",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "7940.018026 VESTS"
}
]
}2022/01/18 00:44:36
2022/01/18 00:44:36
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 8160.125627 VESTS |
| Transaction Info | Block #60825875/Trx 435caad88de01a75172eda8f0bf7c0cfedd7d636 |
View Raw JSON Data
{
"trx_id": "435caad88de01a75172eda8f0bf7c0cfedd7d636",
"block": 60825875,
"trx_in_block": 20,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2022-01-18T00:44:36",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "8160.125627 VESTS"
}
]
}2021/06/14 07:50:54
2021/06/14 07:50:54
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 8344.319915 VESTS |
| Transaction Info | Block #54616102/Trx b2e0e1ed17782ac7814b52c079937cbfb23f9ac9 |
View Raw JSON Data
{
"trx_id": "b2e0e1ed17782ac7814b52c079937cbfb23f9ac9",
"block": 54616102,
"trx_in_block": 4,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2021-06-14T07:50:54",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "8344.319915 VESTS"
}
]
}2020/12/11 18:01:24
2020/12/11 18:01:24
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 8531.741889 VESTS |
| Transaction Info | Block #49363307/Trx dd885c3d646593b30e3c9f26a38951b7b3fa07a9 |
View Raw JSON Data
{
"trx_id": "dd885c3d646593b30e3c9f26a38951b7b3fa07a9",
"block": 49363307,
"trx_in_block": 7,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-11T18:01:24",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "8531.741889 VESTS"
}
]
}2020/12/06 11:36:33
2020/12/06 11:36:33
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 1912.543513 VESTS |
| Transaction Info | Block #49214822/Trx 2d88d3b1d50709c66cead6039339577548a48191 |
View Raw JSON Data
{
"trx_id": "2d88d3b1d50709c66cead6039339577548a48191",
"block": 49214822,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-06T11:36:33",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "1912.543513 VESTS"
}
]
}2020/12/05 21:39:12
2020/12/05 21:39:12
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 8537.949743 VESTS |
| Transaction Info | Block #49198392/Trx 408607d0836008958014ea8fc5f41a549ed736e7 |
View Raw JSON Data
{
"trx_id": "408607d0836008958014ea8fc5f41a549ed736e7",
"block": 49198392,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-05T21:39:12",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "8537.949743 VESTS"
}
]
}2020/11/03 05:57:42
2020/11/03 05:57:42
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 1920.017158 VESTS |
| Transaction Info | Block #48274666/Trx cf5c5330157f673124178f43bca93cf029bcc208 |
View Raw JSON Data
{
"trx_id": "cf5c5330157f673124178f43bca93cf029bcc208",
"block": 48274666,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-11-03T05:57:42",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "1920.017158 VESTS"
}
]
}2020/05/09 12:41:15
2020/05/09 12:41:15
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 8740.755102 VESTS |
| Transaction Info | Block #43225177/Trx 314712840289e9dc0a9c2402561d4b04787bf937 |
View Raw JSON Data
{
"trx_id": "314712840289e9dc0a9c2402561d4b04787bf937",
"block": 43225177,
"trx_in_block": 15,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-05-09T12:41:15",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "8740.755102 VESTS"
}
]
}2020/05/08 17:20:00
2020/05/08 17:20:00
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 1953.311140 VESTS |
| Transaction Info | Block #43202494/Trx 8e4ec35c4e100ad0a7c956afd4720ef93a22f112 |
View Raw JSON Data
{
"trx_id": "8e4ec35c4e100ad0a7c956afd4720ef93a22f112",
"block": 43202494,
"trx_in_block": 1,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-05-08T17:20:00",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "1953.311140 VESTS"
}
]
}2020/04/16 04:17:33
2020/04/16 04:17:33
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 8753.642550 VESTS |
| Transaction Info | Block #42570313/Trx a45477a1e0b1299fac705cc89a43beb02fcaef09 |
View Raw JSON Data
{
"trx_id": "a45477a1e0b1299fac705cc89a43beb02fcaef09",
"block": 42570313,
"trx_in_block": 4,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-04-16T04:17:33",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "wagerr",
"vesting_shares": "8753.642550 VESTS"
}
]
}2019/12/18 06:55:06
2019/12/18 06:55:06
| parent author | wagerr |
| parent permlink | wagerr-value-coupling-and-the-deflationary-economy |
| author | steemitboard |
| permlink | steemitboard-notify-wagerr-20191218t065506000z |
| title | |
| body | Congratulations @wagerr! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@wagerr/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@wagerr) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=wagerr)_</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 Info | Block #39138143/Trx 28b44a02c1c985d1d23ecfa5094c14ae1ebbe415 |
View Raw JSON Data
{
"trx_id": "28b44a02c1c985d1d23ecfa5094c14ae1ebbe415",
"block": 39138143,
"trx_in_block": 4,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-12-18T06:55:06",
"op": [
"comment",
{
"parent_author": "wagerr",
"parent_permlink": "wagerr-value-coupling-and-the-deflationary-economy",
"author": "steemitboard",
"permlink": "steemitboard-notify-wagerr-20191218t065506000z",
"title": "",
"body": "Congratulations @wagerr! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@wagerr/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@wagerr) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=wagerr)_</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\"]}"
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2019/05/12 21:25:24
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}kevinzittlauupvoted (100.00%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy2018/12/23 22:40:48
kevinzittlauupvoted (100.00%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy
2018/12/23 22:40:48
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2018/12/18 06:11:39
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2018/07/12 19:05:03
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| body | Sounds like a very interesting project. Being "the House" on a global betting platform. But what is the status of the project now? |
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2018/07/12 19:02:42
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2018/05/17 03:40:03
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2018/05/08 14:01:39
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2018/05/06 06:35:03
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}postresteemsent 0.001 STEEM to @wagerr- "Hi @wagerr! Follow this account for the chance to have your post resteemed! This bot randomly selects a follower's post every hour to be resteemed! Good luck!"2018/03/01 23:13:42
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}burstingquadsupvoted (100.00%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy2018/02/04 20:43:30
burstingquadsupvoted (100.00%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy
2018/02/04 20:43:30
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}jantotupvoted (100.00%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy2018/02/03 12:23:54
jantotupvoted (100.00%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy
2018/02/03 12:23:54
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2018/02/03 12:22:30
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2018/01/19 08:02:18
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2018/01/13 02:47:57
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| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://medium.com/@WagerrSports/wagerr-value-coupling-and-the-deflationary-economy-144056c8075 |
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cheetahupvoted (0.08%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy
2018/01/13 02:47:27
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}stanley3801upvoted (100.00%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy2018/01/12 16:04:39
stanley3801upvoted (100.00%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy
2018/01/12 16:04:39
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2018/01/12 10:12:30
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2018/01/12 10:12:24
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2018/01/12 09:54:36
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| author | valderrama |
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| body | Long time supporter here. Very curious to see how the platform will do! And I would love to know a bit more about MN setup. |
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}valderramaupvoted (100.00%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy2018/01/12 09:53:45
valderramaupvoted (100.00%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy
2018/01/12 09:53:45
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2018/01/12 08:20:24
| parent author | wagerr |
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| author | s3nk0ng |
| permlink | re-wagerr-wagerr-value-coupling-and-the-deflationary-economy-20180112t082009582z |
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| body | You should check Fast Invest ICO http://bit.ly/2DiZlTt |
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2018/01/12 08:20:12
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}carsonroscoeupvoted (100.00%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy2018/01/12 08:15:21
carsonroscoeupvoted (100.00%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy
2018/01/12 08:15:21
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}markjackson1989upvoted (9.00%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy2018/01/12 08:10:51
markjackson1989upvoted (9.00%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy
2018/01/12 08:10:51
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2018/01/12 08:10:36
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}wagerrupvoted (100.00%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy2018/01/12 08:02:18
wagerrupvoted (100.00%) @wagerr / wagerr-value-coupling-and-the-deflationary-economy
2018/01/12 08:02:18
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}wagerrpublished a new post: wagerr-value-coupling-and-the-deflationary-economy2018/01/12 08:02:18
wagerrpublished a new post: wagerr-value-coupling-and-the-deflationary-economy
2018/01/12 08:02:18
| parent author | |
| parent permlink | blockchain |
| author | wagerr |
| permlink | wagerr-value-coupling-and-the-deflationary-economy |
| title | Wagerr: Value Coupling and the Deflationary Economy |
| body |  Wagerr is a revolutionary decentralized sportsbook, which brings trust-less sports betting to the entire world. Using a decentralized blockchain, Wagerr will elevate the sports betting industry, and usher in a new trust-less era of fairness, availability, and security. The Wagerr main and test networks will launch simultaneously on Jan 15th, 2018. ## Be The House You know how they say, “The House always wins?” That’s because bookkeepers bet on a sure thing: fees. Bettors win and lose, but steady fees provide a reliable income. As much as people may enjoy the thrill of betting, it sounds kind of nice to be the House, doesn’t it? Well, Wagerr allows everyone involved to win in two compounding ways. The most straightforward way to “be the house” is by operating an Oracle Masternode, a network component (or consensus agent) which earns half of Wagerr’s service fees for performing bookkeeping services. Oracle operators collect fees and systematically win, just like traditional bookkeepers. Read more about Wagerr’s Oracle Masternodes [here](https://steemit.com/blockchain/@wagerr/oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018). Additionally, there is a second protocol which allows any member of the Wagerr economy to win, by means of simply holding Wagerr tokens in their wallets. This system is accomplished through a mechanism we call “value coupling” and the deflationary mechanism built into the ecosystem. Any solution to the problems of the sports betting industry must serve the interests of sports bettors and satisfy the needs of the contributors who maintain the security and functionality of the network. Such a solution must include mechanisms which stabalize the value of the network’s underlying token of exchange, whether adoption dramatically rises or falls. Wagerr combines complex technical designs with a circular economic model, which creates a deflationary, and self-regulating economy. Structural mechanisms balance Wagerr’s token value by dynamically adjusting its supply based on the current exchange rate and betting volume. This built in functionality ensures the value of the token is tied to the usage of the system. The mechanisms built into the Wagerr model will have a powerful and positive effect on its economy, as well as on the token’s long-term value. This results in an overwhelming value proposition available to all users. ## Value Coupling The term “value coupling” refers to a systematic linkage between the usage of the token, with the market value (price) of said token. In the case of Wagerr, value coupling refers specifically to the linkage between the betting volume over the network, and the price of the Wagerr token (WGR). The Wagerr blockchain achieves this linkage through the destruction of a portion of the betting fees. Simply put, the value of WGR token is systematically tied to the use of the sports betting blockchain. Wagerr charges a modest fee for betting services, just like traditional bookkeepers. But unlike mainstream bookkeepers, the Wagerr blockchain systematically destroys almost half of every fee. Since this reduces the coin supply, increased adoption of Wagerr as the sports betting blockchain of choice, gradually drives up market value. What's good for bettors is great for investors; it's a simple matter of supply and demand, determined by the rate of burning versus the rate of minting. The price of WGR dynamically affects the burn rate. High priced WGR means a declining burn rate and therefore, market stabilization. Meanwhile, low priced WGR means an accelerating burn rate, which mitigates inflation, and ensures price declines are temporary. Nearly half of all fees are systematically destroyed — and destroying fees diminishes coin supply. Again, it’s a matter of supply and demand: Given steady demand, free markets tend to respond to a dwindling supply with rising asset price. Holders of the asset will only sell it for the highest price the market will bear. This is illustrated below:  The value coupling mechanism is extremely important in facilitating peerless direct chain betting. Peerless betting does not require a complimentary transaction to forge a bet contract. Any bettor can initiate a contract on chain, which the Wagerr network is programmed to pay out if the bettor wins. Peerless betting maximises flexibility for bettors. However, this risk must be balanced. The blockchain pays out winning bets which are confirmed thanks to Oracle Masternodes, by minting coins for the pay-out. This means the blockchain does accrue some risk of coin supply expansion through forging such contracts, but such risk is balanced by several factors. Losing bets systematically destroy coins, creating a balance over time. That’s because 48% of all betting fees are destroyed, tipping that balance in favor of net coin destruction from direct chain betting. In fact, because losing bets destroy more coins than winning bets generate coins on the network, an intrinsic advantage is created for all WGR holders in terms of coin supply. Specifically, on a losing bet of 100 WGR, 96.88 WGR would be destroyed; by contrast, on a winning bet of 100 WGR, only 94 WGR would be generated. This imbalance constitutes the house edge of approximately 3%. Through this value coupling mechanism, betting activity over the Wagerr network fuels supply destruction. This deflationary engine drives the value of WGR over time. Thanks to this powerful engine, anyone who holds WGR potentially benefits from Wagerr’s “house advantage” — meaning that the Wagerr token has great potential to rise in value. As a result of value coupling, betting volume drives WGR token value. The enormity of the existing sports betting industry suggests that when Wagerr’s disruptive technology succeeds in securing only a fraction of the sports betting market share, the betting volume would be enough to drive a deflationary economy, one in which the rate of coin destruction exceeds the rate of coin generation. Watch our small presentation about value coupling [here](https://www.youtube.com/watch?v=-gttA9o7s4k). ## Deflationary Economy In the Wagerr system, when price declines, deflation accelerates and corrects the price. Following is a brief break down: Since bettors tend to bet consistent amounts in their local fiat currency (e.g., USD or Euros), when the price of WGR declines, the local currency buys more WGR. So, the user who usually bets $100 USD gets more WGR for $100, and the service fee — a percentage of the bet — is also a proportionally larger number of WGR coins. Since about half of that fee is burned, even more WGR are being destroyed when the price of WGR is depressed. This built-in adjustment is like a self-correcting mechanism for the economy, and it allows WGR to function as a consistent store of value, **not** merely a token of *transient* or *speculative* value. The Wagerr network reduces the risk to value ratio and protects holders of the WGR tokens by linking betting volume to coin supply. This value coupling, between usage and supply, creates a built in deflationary mechanism which destroys 48% of the fee from every bet. With fees of 2%-6%, the net result is nearly 1%-3% of every bet permanently removed from the network. For example, if price falls dramatically, significantly more outstanding supply is destroyed with every bet, because bets now require more WGR. Conversely, if the price rises drastically, significantly less supply is destroyed. Over time, this leads to less market volatility and an asset value which more accurately reflects both adoption and usage. Wagerr’s systematic destruction of fees thus creates supply scarcity over time. As the average volume of betting activity over the Wagerr network rises, the value of WGR rises alongside it, enabling all investors to participate in its continuous growth potential by simply holding WGR tokens. At any point in time, the price of WGR combined with the volume of bets, defines how much deflation takes place on the Wagerr blockchain. See for yourself how these three variables determine a specific output with the calculator [here](https://wagerr.com/economics). One example is shown below:  Wager is designed to be more than a blockchain, it is designed to be a responsive and price linked economy. For users to feel safe holding the token, and to bet with it, they need to have confidence in the value backing the token. In Wagerr’s case, the method of ensuring that the value grows over time is by creating a deflationary economy. This allows a bettor the potential to ‘win’ just by holding their bankroll, or a portion of it, in WGR. For recreational bettors who see a loss over time caused by the house edge, this has the potential to offset such loss and create an environment where a player can bet for fun, lose marginally over time, but have the loss counteracted. You don’t have to be a bettor, an investor, a trader, or even an Oracle Masternode operator, for a high probability chance to win by obtaining and holding WGR. Wagerr is optimized for growth. The mechanisms for controlled scarcity of the token supply, mean that as Wagerr adoption rises, systematic destruction of fees puts upward pressure on the price of the token. Those who hold WGR, and operate a standard staking wallet, will accrue newly minted WGR in exchange of securing the network. As a result, it is much safer to hold WGR over the long term, because even if the price goes down, there’s protection for the holder. The deflationary engine makes WGR a great store of value. The Wagerr team didn’t set out to make a “currency”. Instead, we have engineered an economy. The key to the model’s design has been the structuring of incentives to reward and maintain behaviors which add value to the Wagerr network, and devising subsystems which translate the Wagerr network value to the WGR tokens value. As long as a modest fraction of the trillion-dollar sports betting industry adopts the Wagerr network for betting, the value of the central token, WGR, will systematically be sustained in a relatively stable growth trajectory with dynamically moderated volatility. Feel free to get in touch with us via any of our official social media outlets mentioned below. * Website: https://www.wagerr.com/ * Twitter: https://twitter.com/wagerrx * Facebook: http://www.facebook.com/Wagerr * Discord: https://discord.gg/a9XRG43 * Telegram: https://t.me/wagerrcoin * Medium: https://medium.com/@WagerrSports * BitcoinTalk: https://bitcointalk.org/index.php?topic=1911583.0 * SteemIt: https://steemit.com/@wagerr * Reddit: https://www.reddit.com/r/Wagerr/ * Whitepaper: https://wagerr.com/wagerr_whitepaper_v1.pdf |
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"body": "\n\nWagerr is a revolutionary decentralized sportsbook, which brings trust-less sports betting to the entire world. Using a decentralized blockchain, Wagerr will elevate the sports betting industry, and usher in a new trust-less era of fairness, availability, and security. The Wagerr main and test networks will launch simultaneously on Jan 15th, 2018.\n\n## Be The House\n\nYou know how they say, “The House always wins?” That’s because bookkeepers bet on a sure thing: fees. Bettors win and lose, but steady fees provide a reliable income. As much as people may enjoy the thrill of betting, it sounds kind of nice to be the House, doesn’t it? Well, Wagerr allows everyone involved to win in two compounding ways.\n\nThe most straightforward way to “be the house” is by operating an Oracle Masternode, a network component (or consensus agent) which earns half of Wagerr’s service fees for performing bookkeeping services. Oracle operators collect fees and systematically win, just like traditional bookkeepers. Read more about Wagerr’s Oracle Masternodes [here](https://steemit.com/blockchain/@wagerr/oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018).\n\nAdditionally, there is a second protocol which allows any member of the Wagerr economy to win, by means of simply holding Wagerr tokens in their wallets. This system is accomplished through a mechanism we call “value coupling” and the deflationary mechanism built into the ecosystem.\n\nAny solution to the problems of the sports betting industry must serve the interests of sports bettors and satisfy the needs of the contributors who maintain the security and functionality of the network. Such a solution must include mechanisms which stabalize the value of the network’s underlying token of exchange, whether adoption dramatically rises or falls. \n\nWagerr combines complex technical designs with a circular economic model, which creates a deflationary, and self-regulating economy. Structural mechanisms balance Wagerr’s token value by dynamically adjusting its supply based on the current exchange rate and betting volume. This built in functionality ensures the value of the token is tied to the usage of the system.\n\nThe mechanisms built into the Wagerr model will have a powerful and positive effect on its economy, as well as on the token’s long-term value. This results in an overwhelming value proposition available to all users. \n\n## Value Coupling\n\nThe term “value coupling” refers to a systematic linkage between the usage of the token, with the market value (price) of said token. In the case of Wagerr, value coupling refers specifically to the linkage between the betting volume over the network, and the price of the Wagerr token (WGR). The Wagerr blockchain achieves this linkage through the destruction of a portion of the betting fees. Simply put, the value of WGR token is systematically tied to the use of the sports betting blockchain.\n\nWagerr charges a modest fee for betting services, just like traditional bookkeepers. But unlike mainstream bookkeepers, the Wagerr blockchain systematically destroys almost half of every fee. Since this reduces the coin supply, increased adoption of Wagerr as the sports betting blockchain of choice, gradually drives up market value. What's good for bettors is great for investors; it's a simple matter of supply and demand, determined by the rate of burning versus the rate of minting. \n\nThe price of WGR dynamically affects the burn rate. High priced WGR means a declining burn rate and therefore, market stabilization. Meanwhile, low priced WGR means an accelerating burn rate, which mitigates inflation, and ensures price declines are temporary.\n\nNearly half of all fees are systematically destroyed — and destroying fees diminishes coin supply. Again, it’s a matter of supply and demand: Given steady demand, free markets tend to respond to a dwindling supply with rising asset price. Holders of the asset will only sell it for the highest price the market will bear. This is illustrated below:\n\n \n\nThe value coupling mechanism is extremely important in facilitating peerless direct chain betting. Peerless betting does not require a complimentary transaction to forge a bet contract. Any bettor can initiate a contract on chain, which the Wagerr network is programmed to pay out if the bettor wins. Peerless betting maximises flexibility for bettors. However, this risk must be balanced.\n\nThe blockchain pays out winning bets which are confirmed thanks to Oracle Masternodes, by minting coins for the pay-out. This means the blockchain does accrue some risk of coin supply expansion through forging such contracts, but such risk is balanced by several factors.\n\nLosing bets systematically destroy coins, creating a balance over time. That’s because 48% of all betting fees are destroyed, tipping that balance in favor of net coin destruction from direct chain betting.\n\nIn fact, because losing bets destroy more coins than winning bets generate coins on the network, an intrinsic advantage is created for all WGR holders in terms of coin supply. Specifically, on a losing bet of 100 WGR, 96.88 WGR would be destroyed; by contrast, on a winning bet of 100 WGR, only 94 WGR would be generated. This imbalance constitutes the house edge of approximately 3%.\n\nThrough this value coupling mechanism, betting activity over the Wagerr network fuels supply destruction. This deflationary engine drives the value of WGR over time. Thanks to this powerful engine, anyone who holds WGR potentially benefits from Wagerr’s “house advantage” — meaning that the Wagerr token has great potential to rise in value. \n\nAs a result of value coupling, betting volume drives WGR token value. The enormity of the existing sports betting industry suggests that when Wagerr’s disruptive technology succeeds in securing only a fraction of the sports betting market share, the betting volume would be enough to drive a deflationary economy, one in which the rate of coin destruction exceeds the rate of coin generation.\n\nWatch our small presentation about value coupling [here](https://www.youtube.com/watch?v=-gttA9o7s4k).\n\n## Deflationary Economy\n\nIn the Wagerr system, when price declines, deflation accelerates and corrects the price. Following is a brief break down:\n\nSince bettors tend to bet consistent amounts in their local fiat currency (e.g., USD or Euros), when the price of WGR declines, the local currency buys more WGR. So, the user who usually bets $100 USD gets more WGR for $100, and the service fee — a percentage of the bet — is also a proportionally larger number of WGR coins. Since about half of that fee is burned, even more WGR are being destroyed when the price of WGR is depressed. This built-in adjustment is like a self-correcting mechanism for the economy, and it allows WGR to function as a consistent store of value, **not** merely a token of *transient* or *speculative* value.\n\nThe Wagerr network reduces the risk to value ratio and protects holders of the WGR tokens by linking betting volume to coin supply. This value coupling, between usage and supply, creates a built in deflationary mechanism which destroys 48% of the fee from every bet. With fees of 2%-6%, the net result is nearly 1%-3% of every bet permanently removed from the network.\n\nFor example, if price falls dramatically, significantly more outstanding supply is destroyed with every bet, because bets now require more WGR. Conversely, if the price rises drastically, significantly less supply is destroyed. Over time, this leads to less market volatility and an asset value which more accurately reflects both adoption and usage.\n\nWagerr’s systematic destruction of fees thus creates supply scarcity over time. As the average volume of betting activity over the Wagerr network rises, the value of WGR rises alongside it, enabling all investors to participate in its continuous growth potential by simply holding WGR tokens.\n\nAt any point in time, the price of WGR combined with the volume of bets, defines how much deflation takes place on the Wagerr blockchain. See for yourself how these three variables determine a specific output with the calculator [here](https://wagerr.com/economics). One example is shown below:\n\n \n\n\n\nWager is designed to be more than a blockchain, it is designed to be a responsive and price linked economy. For users to feel safe holding the token, and to bet with it, they need to have confidence in the value backing the token. In Wagerr’s case, the method of ensuring that the value grows over time is by creating a deflationary economy.\n\nThis allows a bettor the potential to ‘win’ just by holding their bankroll, or a portion of it, in WGR. For recreational bettors who see a loss over time caused by the house edge, this has the potential to offset such loss and create an environment where a player can bet for fun, lose marginally over time, but have the loss counteracted.\n\nYou don’t have to be a bettor, an investor, a trader, or even an Oracle Masternode operator, for a high probability chance to win by obtaining and holding WGR. Wagerr is optimized for growth. The mechanisms for controlled scarcity of the token supply, mean that as Wagerr adoption rises, systematic destruction of fees puts upward pressure on the price of the token. Those who hold WGR, and operate a standard staking wallet, will accrue newly minted WGR in exchange of securing the network. \n\nAs a result, it is much safer to hold WGR over the long term, because even if the price goes down, there’s protection for the holder. The deflationary engine makes WGR a great store of value.\n\nThe Wagerr team didn’t set out to make a “currency”. Instead, we have engineered an economy. The key to the model’s design has been the structuring of incentives to reward and maintain behaviors which add value to the Wagerr network, and devising subsystems which translate the Wagerr network value to the WGR tokens value.\n\nAs long as a modest fraction of the trillion-dollar sports betting industry adopts the Wagerr network for betting, the value of the central token, WGR, will systematically be sustained in a relatively stable growth trajectory with dynamically moderated volatility.\n\nFeel free to get in touch with us via any of our official social media outlets mentioned below. \n\n* Website: https://www.wagerr.com/ \n* Twitter: https://twitter.com/wagerrx \n* Facebook: http://www.facebook.com/Wagerr \n* Discord: https://discord.gg/a9XRG43 \n* Telegram: https://t.me/wagerrcoin \n* Medium: https://medium.com/@WagerrSports \n* BitcoinTalk: https://bitcointalk.org/index.php?topic=1911583.0 \n* SteemIt: https://steemit.com/@wagerr \n* Reddit: https://www.reddit.com/r/Wagerr/ \n* Whitepaper: https://wagerr.com/wagerr_whitepaper_v1.pdf",
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}2018/01/10 04:46:42
2018/01/10 04:46:42
| voter | cryptostrides |
| author | wagerr |
| permlink | oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018 |
| weight | 10000 (100.00%) |
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}2018/01/05 03:38:39
2018/01/05 03:38:39
| voter | eth-machinist |
| author | wagerr |
| permlink | oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018 |
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wagerrreceived 1.409 SBD, 0.624 SP author reward for @wagerr / oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018
2018/01/01 12:02:57
| author | wagerr |
| permlink | oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018 |
| sbd payout | 1.409 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 1016.372224 VESTS |
| Transaction Info | Block #18596042/Virtual Operation #11 |
View Raw JSON Data
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}extazymedupvoted (100.00%) @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream2017/12/31 16:37:03
extazymedupvoted (100.00%) @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream
2017/12/31 16:37:03
| voter | extazymed |
| author | wagerr |
| permlink | sports-betting-could-bring-blockchain-tech-to-the-mainstream |
| weight | 10000 (100.00%) |
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}2017/12/27 21:14:54
2017/12/27 21:14:54
| delegator | steem |
| delegatee | wagerr |
| vesting shares | 29717.708853 VESTS |
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}2017/12/27 16:32:00
2017/12/27 16:32:00
| voter | agro |
| author | wagerr |
| permlink | oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018 |
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}2017/12/26 02:29:00
2017/12/26 02:29:00
| voter | apporatory |
| author | wagerr |
| permlink | oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018 |
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}2017/12/26 01:20:45
2017/12/26 01:20:45
| voter | mgpeng |
| author | wagerr |
| permlink | oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018 |
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}2017/12/25 20:57:33
2017/12/25 20:57:33
| voter | olivers-wilde |
| author | wagerr |
| permlink | oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018 |
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}2017/12/25 20:31:12
2017/12/25 20:31:12
| voter | adriansky |
| author | wagerr |
| permlink | oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018 |
| weight | 5000 (50.00%) |
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}2017/12/25 20:30:33
2017/12/25 20:30:33
| parent author | wagerr |
| parent permlink | oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018 |
| author | adriansky |
| permlink | re-wagerr-oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018-20171225t203031523z |
| title | |
| body | YES CANT WAIT FOR THE LAUNCH!!!!!!!!!!! |
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}2017/12/25 16:01:42
2017/12/25 16:01:42
| parent author | wagerr |
| parent permlink | oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018 |
| author | lamario |
| permlink | re-wagerr-oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018-20171225t160142779z |
| title | |
| body | I have my 25k wagerr ready to go! Super excited to be apart of this project from the beginnnig! |
| json metadata | {"tags":["blockchain"],"app":"steemit/0.1"} |
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"body": "I have my 25k wagerr ready to go! Super excited to be apart of this project from the beginnnig!",
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}2017/12/25 15:05:00
2017/12/25 15:05:00
| voter | splice |
| author | wagerr |
| permlink | oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018 |
| weight | 10000 (100.00%) |
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}2017/12/25 14:51:39
2017/12/25 14:51:39
| parent author | wagerr |
| parent permlink | oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018 |
| author | valderrama |
| permlink | re-wagerr-oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018-20171225t145139969z |
| title | |
| body | I am so eager to run an Oracle masternode for you guys... long time supporter here ever since the ICO. But I'm afraid those 25k coins are way beyond my price level :( |
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"body": "I am so eager to run an Oracle masternode for you guys... long time supporter here ever since the ICO. But I'm afraid those 25k coins are way beyond my price level :(",
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}2017/12/25 14:50:24
2017/12/25 14:50:24
| voter | valderrama |
| author | wagerr |
| permlink | oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018 |
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}2017/12/25 13:30:03
2017/12/25 13:30:03
| voter | markjackson1989 |
| author | wagerr |
| permlink | oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018 |
| weight | 700 (7.00%) |
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}2017/12/25 13:29:48
2017/12/25 13:29:48
| parent author | wagerr |
| parent permlink | oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018 |
| author | markjackson1989 |
| permlink | re-wagerr-oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018-20171225t132947269z |
| title | |
| body | price will moon |
| json metadata | {"tags":["blockchain"],"app":"steemit/0.1"} |
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}2017/12/25 12:31:36
2017/12/25 12:31:36
| voter | followbtcnews |
| author | wagerr |
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2017/12/25 12:30:03
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2017/12/25 12:02:57
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2017/12/25 12:02:57
| parent author | |
| parent permlink | blockchain |
| author | wagerr |
| permlink | oracle-masternodes-on-the-wagerr-network-could-become-one-of-the-hottest-properties-in-cryptocurrency-in-2018 |
| title | Oracle Masternodes on the Wagerr Network Could Become One of the Hottest Properties in Cryptocurrency in 2018 |
| body |  Wagerr is a revolutionary decentralized sportsbook that brings trust-less sports betting to the entire world. Using a decentralized blockchain, Wagerr will elevate the sports betting industry, and usher in a new trust-less era of fairness, availability and security. The Wagerr main and test networks will launch concurrently on Jan 15th, 2018. # What is an Oracle Masternode? Typical cryptocurrency masternodes are nodes running the same wallet software on the same blockchain to provide extra services to the network, usually fulfilling the roles of transaction verification and governance. A Wagerr Oracle Masternode fulfils these roles, and much more. Oracles act as consensus agents that retrieve real world sporting event data, and records the outcomes on the blockchain. This is then used by the network to determine winning bets. They also act as masternodes in that they exclusively forge betting smart contracts backed by their collateral. They form a strong second tier network backbone that efficiently processes bets and events. A strong second tier network ensures distributed consensus and reliable operation. Each betting type has its own unique type of transaction, and by having bets take place on the second tier of the network, this allows us to ensure scale when it comes to creating consensus for determining winners and losers. Oracles not only collect 50% of the betting fees for their work, but also win a portion of the fixed periodic block award. What’s more, the Wagerr tokens earned can increase in value as the Wagerr economy grows. Their status is so prestigious that the number of Oracle Masternodes is limited to only 2,000. This ensures fair compensation for their unique type of work. # What Does an Oracle Masternode Do and How Does it Function? Oracle Masternodes’ primary function is to regularly post new upcoming events in the sporting world so users can bet on their outcomes. Once events are finished, Oracles post the outcomes to allow for all bets to be resolved. Oracle Masternodes form a second layer of the Wagerr network and function as consensus agents, forging betting contracts, retrieving sporting events outcome data, and consensually validating results, which are able to execute contractual pay-outs. Wagerr is dependent on Oracle Masternodes to accurately report real match data, allowing for bets to be published and resolved correctly. There are multiple ways Oracle Masternodes can gather sports information. Regardless of the source, the information must be formatted correctly to ensure the publication reaches consensus with the rest of the network. **There are three ways to gather sports data:** - Sports betting APIs - Sports website scrapes - Manual entry To ensure not all Oracles are pulling data from the same source, Wagerr requires the Oracle to report its data source to the network, and if required the network can force a limit on each source. Event outcome is confirmed only after 75% of all Oracles achieve consensus on the results. Once the outcome is confirmed and published, the Wagerr network recognizes fulfilment of the contract, and the winning user is paid out accordingly. Activating an Oracle is the process by which an individual chooses to promote their node, engage in a 30-day contract of service, and become a consensus agent. This contract ensures that owners must maintain a level of service, and agree to lock collateralized tokens to a simple smart contract which initiates a timed release. **The requirements for running a Wagerr Oracle Masternode are as follows:** - 25k Wagerr tokens collateralised over a 30-day service contract - Uptime over 99% (measured weekly) - Retrieve and input sporting event outcomes data - A public IP address with a forced network port number - Bandwidth to accommodate the total number of API calls **Causes for demotion of a Wagerr Oracle Masternode are as follows:** - Network connectivity uptime (Less than a 99% weekly average) - Less than 50% participation on submission in all leagues - Results submission inaccuracy - Non-renewal of 30-day collateral contract When all 2,000 Oracle slots are filled, anyone wishing to operate an Oracle Masternode will have to join a queue, and will be awarded a slot as they become available, on a first come, first served basis. A visual representation of a typical bet on the Wagerr network is embedded below, along with steps detailing an Oracle’s function during each stage of the process.  Step 1 – Oracles actively searching for new events inside supported leagues, always trying to build consensus for upcoming events. Consensus for a new event requires a supermajority; From the 2000 possible Oracle Masternodes, 75% need to report the same event, defined by the event’s UTC time, and their unique identifying codes. Step 2 – Users can view published events, and place bets against existing bets, or set a new line and match amount (for a take or bet partner to fill). Once betting pairs are determined to be complementary, a smart contact can be created and initiated on the Wagerr blockchain. Step 3 – Now that a smart contract is initiated, half of the fees within that bet contract are distributed and burned. (48% destroyed, 2% to Wagerr development fund) The Oracle Masternodes create transactions dependent on the two opposing bets’ predicted outcome. Step 4 – After the event concludes, the network relies on supermajority consensus to determine the outcome of the event. This posting allows the contract to be signalled for resolution. Step 5 – Once the bet has been signalled for resolution, the winning bets are processed and paid out accordingly. Once the smart contract is resolved, the oracle who processes the bet receives their portion of the fee. # Why Would I Want an Oracle Masternode? Oracle Masternodes offer the most incentive to investors because they win ongoing staking awards, while also earning fees for forging betting contracts, and updating real life event outcomes on the blockchain. In the Wagerr system, the Oracle Masternode gives you the opportunity to be the house. The system of rewards incentivises Oracle’s crucial role as consensus agents, retrieving and consensually validating sporting event outcomes, arguably the most crucial role on a sports betting blockchain. Static block rewards incentivise node operators to hold Wagerr tokens and operate wallets with 24/7 connectivity. Failure to consistently retrieve and post data that aligns with the consensus results in deactivation. Because the rewards for operating Oracle Masternodes are predictably far greater in the long run than liquidating them, investors will be loath to give up the residual income they generate. Masternode and staking rewards keep coins in active use in the network, and keeps their holders from adding sell pressure to the market. If Wagerr can obtain just 1% of the $400 billion that is illegally wagered on sports in the United States alone each year, according to NBA commissioner Adam Silver, each Oracle Masternode would gain over $40,000 in fees each year (assuming a full masternode pool and 4% multi-user betting fee). # The Future Oracle Masternodes will become vehicles of blockchain governance. Since no one has more invested in the wellbeing of the Wagerr network, Oracle operators will exercise governance through the distributed network of Oracle Masternodes. Once the distributed network is established and stable, the original Wagerr development team will fully relinquish control of the github and distribute the role of governance to the network. The Wagerr network achieves decentralized governance through a voting system in which each Oracle Masternode holds a vote. This second tier of the network extends the principles of proof of stake to the most heavily invested Oracle Masternodes which perform the essential functions of the sports betting blockchain. Types of governance required includes resolving pay-out disputes, managing the penalisation and demotion of underperforming nodes, and perhaps most importantly, voting. A decentralized voting mechanism within the Wagerr wallet allows network and protocol changes to be proposed. Voting will also allow proposals for future features or functions to be added to the ecosystem. Oracles will even be able to propose and vote on major fixes or proposed economic changes like increasing the maximum Oracle count, fees’ structure and raising or lowering block rewards to name a few. From there, the Oracle Masternodes vote on the proposal. Each change or modification passed with two thirds majority Is deployed to the main network automatically. Oracle Masternodes will perform many pivotal roles for the Wagerr network. From providing fixtures and resulting, forging smart contracts and ensuring pay-outs, to voting on network and protocol changes and the evolution of the platform. They will be rewarded in kind, receiving not only block awards but 50% of all betting fees. At a limited number of 2,000 Oracle Masternodes, sharing 50% of the betting fees from the only truly global sportsbook in the world, you may be looking at one of the hottest properties in all of cryptocurrency in 2018 and in years to come. *Detailed information on how to set up and activate your Oracle Masternode will be available on launch of the main and test networks on Jan 15th, 2018.* |
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"body": "\n\nWagerr is a revolutionary decentralized sportsbook that brings trust-less sports betting to the entire world. Using a decentralized blockchain, Wagerr will elevate the sports betting industry, and usher in a new trust-less era of fairness, availability and security. The Wagerr main and test networks will launch concurrently on Jan 15th, 2018.\n\n# What is an Oracle Masternode?\n\nTypical cryptocurrency masternodes are nodes running the same wallet software on the same blockchain to provide extra services to the network, usually fulfilling the roles of transaction verification and governance. \n\nA Wagerr Oracle Masternode fulfils these roles, and much more. Oracles act as consensus agents that retrieve real world sporting event data, and records the outcomes on the blockchain. This is then used by the network to determine winning bets. They also act as masternodes in that they exclusively forge betting smart contracts backed by their collateral. They form a strong second tier network backbone that efficiently processes bets and events.\n\nA strong second tier network ensures distributed consensus and reliable operation. Each betting type has its own unique type of transaction, and by having bets take place on the second tier of the network, this allows us to ensure scale when it comes to creating consensus for determining winners and losers.\n\nOracles not only collect 50% of the betting fees for their work, but also win a portion of the fixed periodic block award. What’s more, the Wagerr tokens earned can increase in value as the Wagerr economy grows. Their status is so prestigious that the number of Oracle Masternodes is limited to only 2,000. This ensures fair compensation for their unique type of work.\n\n# What Does an Oracle Masternode Do and How Does it Function?\n\nOracle Masternodes’ primary function is to regularly post new upcoming events in the sporting world so users can bet on their outcomes. Once events are finished, Oracles post the outcomes to allow for all bets to be resolved.\n\nOracle Masternodes form a second layer of the Wagerr network and function as consensus agents, forging betting contracts, retrieving sporting events outcome data, and consensually validating results, which are able to execute contractual pay-outs.\n\nWagerr is dependent on Oracle Masternodes to accurately report real match data, allowing for bets to be published and resolved correctly. There are multiple ways Oracle Masternodes can gather sports information. Regardless of the source, the information must be formatted correctly to ensure the publication reaches consensus with the rest of the network.\n\n**There are three ways to gather sports data:**\n-\tSports betting APIs\n-\tSports website scrapes\n-\tManual entry\n\nTo ensure not all Oracles are pulling data from the same source, Wagerr requires the Oracle to report its data source to the network, and if required the network can force a limit on each source.\n\nEvent outcome is confirmed only after 75% of all Oracles achieve consensus on the results. Once the outcome is confirmed and published, the Wagerr network recognizes fulfilment of the contract, and the winning user is paid out accordingly.\n\nActivating an Oracle is the process by which an individual chooses to promote their node, engage in a 30-day contract of service, and become a consensus agent. This contract ensures that owners must maintain a level of service, and agree to lock collateralized tokens to a simple smart contract which initiates a timed release.\n\n**The requirements for running a Wagerr Oracle Masternode are as follows:**\n-\t25k Wagerr tokens collateralised over a 30-day service contract\n-\tUptime over 99% (measured weekly)\n-\tRetrieve and input sporting event outcomes data\n-\tA public IP address with a forced network port number\n-\tBandwidth to accommodate the total number of API calls\n\n**Causes for demotion of a Wagerr Oracle Masternode are as follows:**\n-\tNetwork connectivity uptime (Less than a 99% weekly average)\n-\tLess than 50% participation on submission in all leagues\n-\tResults submission inaccuracy\n-\tNon-renewal of 30-day collateral contract\n\nWhen all 2,000 Oracle slots are filled, anyone wishing to operate an Oracle Masternode will have to join a queue, and will be awarded a slot as they become available, on a first come, first served basis.\n\nA visual representation of a typical bet on the Wagerr network is embedded below, along with steps detailing an Oracle’s function during each stage of the process. \n\n\n\nStep 1 – Oracles actively searching for new events inside supported leagues, always trying to build consensus for upcoming events. Consensus for a new event requires a supermajority; From the 2000 possible Oracle Masternodes, 75% need to report the same event, defined by the event’s UTC time, and their unique identifying codes.\n\nStep 2 – Users can view published events, and place bets against existing bets, or set a new line and match amount (for a take or bet partner to fill). Once betting pairs are determined to be complementary, a smart contact can be created and initiated on the Wagerr blockchain.\n\nStep 3 – Now that a smart contract is initiated, half of the fees within that bet contract are distributed and burned. (48% destroyed, 2% to Wagerr development fund) The Oracle Masternodes create transactions dependent on the two opposing bets’ predicted outcome.\n\nStep 4 – After the event concludes, the network relies on supermajority consensus to determine the outcome of the event. This posting allows the contract to be signalled for resolution.\n\nStep 5 – Once the bet has been signalled for resolution, the winning bets are processed and paid out accordingly. Once the smart contract is resolved, the oracle who processes the bet receives their portion of the fee.\n\n# Why Would I Want an Oracle Masternode?\n\nOracle Masternodes offer the most incentive to investors because they win ongoing staking awards, while also earning fees for forging betting contracts, and updating real life event outcomes on the blockchain. In the Wagerr system, the Oracle Masternode gives you the opportunity to be the house.\n\nThe system of rewards incentivises Oracle’s crucial role as consensus agents, retrieving and consensually validating sporting event outcomes, arguably the most crucial role on a sports betting blockchain. Static block rewards incentivise node operators to hold Wagerr tokens and operate wallets with 24/7 connectivity. Failure to consistently retrieve and post data that aligns with the consensus results in deactivation. \n\nBecause the rewards for operating Oracle Masternodes are predictably far greater in the long run than liquidating them, investors will be loath to give up the residual income they generate. Masternode and staking rewards keep coins in active use in the network, and keeps their holders from adding sell pressure to the market.\n\nIf Wagerr can obtain just 1% of the $400 billion that is illegally wagered on sports in the United States alone each year, according to NBA commissioner Adam Silver, each Oracle Masternode would gain over $40,000 in fees each year (assuming a full masternode pool and 4% multi-user betting fee).\n\n# The Future\n\nOracle Masternodes will become vehicles of blockchain governance. Since no one has more invested in the wellbeing of the Wagerr network, Oracle operators will exercise governance through the distributed network of Oracle Masternodes.\n\nOnce the distributed network is established and stable, the original Wagerr development team will fully relinquish control of the github and distribute the role of governance to the network. The Wagerr network achieves decentralized governance through a voting system in which each Oracle Masternode holds a vote. This second tier of the network extends the principles of proof of stake to the most heavily invested Oracle Masternodes which perform the essential functions of the sports betting blockchain.\n\nTypes of governance required includes resolving pay-out disputes, managing the penalisation and demotion of underperforming nodes, and perhaps most importantly, voting.\n\nA decentralized voting mechanism within the Wagerr wallet allows network and protocol changes to be proposed. Voting will also allow proposals for future features or functions to be added to the ecosystem. Oracles will even be able to propose and vote on major fixes or proposed economic changes like increasing the maximum Oracle count, fees’ structure and raising or lowering block rewards to name a few. From there, the Oracle Masternodes vote on the proposal. Each change or modification passed with two thirds majority Is deployed to the main network automatically.\n\nOracle Masternodes will perform many pivotal roles for the Wagerr network. From providing fixtures and resulting, forging smart contracts and ensuring pay-outs, to voting on network and protocol changes and the evolution of the platform. They will be rewarded in kind, receiving not only block awards but 50% of all betting fees. \n\nAt a limited number of 2,000 Oracle Masternodes, sharing 50% of the betting fees from the only truly global sportsbook in the world, you may be looking at one of the hottest properties in all of cryptocurrency in 2018 and in years to come.\n\n*Detailed information on how to set up and activate your Oracle Masternode will be available on launch of the main and test networks on Jan 15th, 2018.*",
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}wagerrreceived 3.481 SBD, 1.414 SP author reward for @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream2017/12/25 05:36:06
wagerrreceived 3.481 SBD, 1.414 SP author reward for @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream
2017/12/25 05:36:06
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}pankajgogiaupvoted (100.00%) @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream2017/12/24 16:40:09
pankajgogiaupvoted (100.00%) @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream
2017/12/24 16:40:09
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}hakan0356upvoted (100.00%) @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream2017/12/24 13:33:09
hakan0356upvoted (100.00%) @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream
2017/12/24 13:33:09
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}deviedevupvoted (100.00%) @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream2017/12/24 03:28:18
deviedevupvoted (100.00%) @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream
2017/12/24 03:28:18
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}oksanakazakovaupvoted (100.00%) @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream2017/12/23 12:40:45
oksanakazakovaupvoted (100.00%) @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream
2017/12/23 12:40:45
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}techinupvoted (100.00%) @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream2017/12/23 09:20:51
techinupvoted (100.00%) @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream
2017/12/23 09:20:51
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}airmarshalob1upvoted (100.00%) @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream2017/12/23 09:05:18
airmarshalob1upvoted (100.00%) @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream
2017/12/23 09:05:18
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}kramarenkoupvoted (100.00%) @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream2017/12/23 08:57:48
kramarenkoupvoted (100.00%) @wagerr / sports-betting-could-bring-blockchain-tech-to-the-mainstream
2017/12/23 08:57:48
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}2017/12/23 04:06:45
2017/12/23 04:06:45
| parent author | wagerr |
| parent permlink | sports-betting-could-bring-blockchain-tech-to-the-mainstream |
| author | mikeycolon |
| permlink | re-wagerr-sports-betting-could-bring-blockchain-tech-to-the-mainstream-20171223t040643670z |
| title | |
| body | Very good points indeed. I'm surprised as to the creativity as to what people are coming up with regarding the use of blockchains. You have my follow. https://media.giphy.com/media/3WY8qMF9l3ldK/giphy.gif |
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"body": "Very good points indeed. I'm surprised as to the creativity as to what people are coming up with regarding the use of blockchains.\n\nYou have my follow. \n\nhttps://media.giphy.com/media/3WY8qMF9l3ldK/giphy.gif",
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