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yes ofcourse, EOS is a competition of steem , because EOS is making a platform and apps that are like karma which is competition of steemit, dtube and also making is a competition of twitter.

Looking at the concept i feel EOS is not the competitor of steem and while the project is also different so it cannot be the competitor as steem is more better than EOS because steem has given the platform where everyone can get a chance to build their reputation and earn money.

yes eos will be the future

Who receives the Steem new account creation fee?

New account creation requires paying some STEEM; does this go to a witness, or to the reward pool, or is it just destroyed?

As of HF19, the new account creation fee is powered up into the newly created account.

i just created one : the minimum fee is 1 STEEM, if you pay 1 STEEM only it will delegate 10SP from the creator account to the new account, which is linke for 30 days (not the usual seven) and the 1 STEEM is added to the new account, yes .. free market ... let the bots ride free lol ... last thing one needs is regulation look what that gets the US and the EU

I was scammed a couple of years ago into sending my CS:GO skins to an account without ever receiving a payment. Now, at the time I thought I was well versed in the art of the scam, and would never fall for something like that, but this was something new that I hadn't seen before.

The scammer contacted me on Steam, and asked if I wanted to sell my skins. I was weary at first because it sounded like an obvious scam, but I delayed him for a day and he stayed with me, no matter how much I tried to lengthen the time. Most scammers leave after a couple minutes if you mess with them, but this dude stayed up nearly 24h with me. He had good english, something that's rare amongst CS:GO scammers since most are Russian. And the guy offered to go first, sending me money over PayPal before I sent him the skins. But instead of the money, he sent one of those requests where he has 21 days to cancel the transaction before I received anything. I didn't know that was a thing, since it was apparently a near feature and hadn't gone popular in the world of scamming yet. He sent me a request that showed +$120 USD in my PayPal, with my PayPal balance still at 0. I sent him the skins, because I thought it was real, and he blocked me. 18 days later he canceled that transaction. PayPal refuses to help with these cases in getting the other party the money because they claim the credit card linked to the account that he sent me the money from could be stolen.

All in all, don't send any items, whether they be physical or not, to someone unless you have received the money and see your PayPal balance at the number it was before + the new money. If it doesn't show the new money, don't agree to the transaction.

I have been scammed many times in online field and then i have understand online fields properly. I have the list of scam sites where you can stay away from such sites.

ALL THE SITES ARE SCAM STAY AWAY FROM IT

  1. ZEDEX:- Zedex is the cryptocurrency platform was made for payment system and it give me withdraw until i gave them customers and then never paid with my ROI i have still 25000$ in my zedex account and such a big amount still i cannot withdraw.

  2. Magic Bitcoin:- Magic bitcoin is also a cryptocurrency from India and they where also for the purpose for payment and recharge gateway and i have 2500 MBTC coins in my wallet and still after 2 years also i am unable to withdraw my coins.

3)ESKYWAY:- This was the website for medical data feeling operation and i invested 7000 INR in such site and i have worked hard for them for data feeling and they have closed their office and run away so i have been scammed at offline and online both in this site.

4)LCC:- Lcc is for the product based company for buying and selling of products where they scammed me with 2000$ and this is also my worst experience as they have scammed my hard worked money. The owner Manish kasana is now arrested in Delhi jail but nothing has come after return of our money.

15 years ago a dude in Lumbridge told that if i give him my full rune, he can trim it to gold. He was level 97 and i was 15, so of course i trusted him :D

Learned lesson was that noobs are stupid. In the same year, santa hats were dropped. I used the knowledge and went to lummy to buy santa hats from noobs for 10k. I think i managed to buy about 20 of them :D

What is the Utility of Kyber Network Coin?

Kyber Network has its own token which is KNC or Kyber Network Coin. What is its utility? What gives this token value?

To understand what Kyber Network coin is first you have to know what is Kyber Network. If you have ever exchanged steem for fiat money or other cryptos then you know how escrow works.. Kyber Network is a similar thing but is based on ethereum. To be more exact it is based on EBP- Ethereum Based Protocol.

There are some features that differentiates kyber from all other exchange networks. It has a instantaneous exchange system and fast, high conversion rate.

How it works is suppose, you owe your brother 50 steem.. Today he asked you to repay him.. But you only have bitcoin while he wants it in steem. So you use KN to settle the transaction and ask it to convert 50 steem worth bitcoin into steem. Now KN first checks if you have added enough bitcoin to convert including fees. If it matches what your brother asked for KN will convert and send the steem to your brother.. But it completes the whole process in a few seconds.

Now KNC-Kyber Network Crystal token or Kyber network coin is a ERC-20 based token and it is charged as a transaction fee. It is gathered into the reserved pool and used for covering operational costs.. Or it is rewarded to third parties who bring transaction volume to the network..

the Kyber Network ecosystem subsists of many stakeholders that wish to use the network. These stake holders can be broken down into 3 areas; supply side stakeholders, demand side stakeholders and independent stakeholders.

Demand-side Stakeholders

End users

Wallet providers

Decentralised applications integrating the Kyber Network Exchange

Supply-side Stakeholders:

Reserve Managers

Reserve Contributors

Projects with ERC20 tokens wishing to be listed

Independent Stakeholders

Token holders

Kyber Network development team

litecoin is the 1st successful clone of bitcoin with a shorter 1/4 block production time window, and 4x the number max coins (10min/4 = 2.5min, and 4 x 21 million = 84 million), and many variants and improvement later a smaller hash cost.

In summary, because litecoin is successful bitcoin clone (instead of a btc hardfork), it has became the preferred test ground on new updates to the bitcoin family, for example lets say there is a rapid growth of transaction (say it goes 10x for ltc and btc) and litecoin may be force to hf and upgrade it's blocksize to say 2Mb and when successfully done so, perhaps bitcoin will follow later.

honestly @littleboy i though you were a crypto expert by now, i think you're just asking to test out @musing ya?

Bitcoin is the virtual currency used for payments. Bitcoin is also called crypto currency which is a digital payment tool. while Litecoin is a crypto currency created in 2011 using open software (Open-Source Software) under the MIT / X11 license. Mining can be done using a GPU graphics card with a Scrypt-based PoW (Proof-of-Work) algorithm. Meanwhile, according to Litecoin.org's official website, Litecoin is the P2P (Peer-to-Peer) Internet currency that allows instant payment payments close to zero to anyone in the world.

Litecoin is Open-Source (open for general development), and is a fully decentralized global pay network without central authority. Compelling mathematical algorithms secure networks and empower individuals to control their own finances. Litecoin has faster transaction confirmation times and better storage efficiencies than other leading cryptographic currencies. With substantial industry support, trading volume and liquidity, Litecoin is a proven commercial medium with Bitcoin.

There are lots of visible differences between litecoin and bitcoin..Litecoin was created by Charles Lee in an attempt to create an improved crypto that is similar to bitcoin in essence but without all the excessive bits . Some comprehensive differences between Litcoin and bitcoin are as follows.( I am using data from coindesk.com)

Algortihm- Bitcoin uses a SHA-256 which has great capabilities of parallel processing. Litecoin uses an algorithm named SCRYPT which has similar patterns to SHA-256 but hash processing are more serialised.

Transaction Time- Litecoin is more faster than bitcoin which allows litcoin to handle more blocks in the same amount of time bitcoin needs.

Coin limit- Bitcoins limit is 21 milliin where litecoin has a limit of 84 million.

Block time- Litecoin takes 2.5 minutes to confirm a block where Bitcoin needs 10 minutes.

Market cap- Bitcoins marketcap is over 10 billion USD where litecoins cap is more than 540 million.

Block reward details- Bitcoins are halved around 0.21 million blocks and litecoins has a halve ration of 0.84 million blocks..

There are plenty other differences between them but these are more notable.. If you want to invest or anything don't take ideas from this answer.. Do a more in-depth analysis..

One of the main differences is Litecoin has a shorter average block time of about 2.5 minutes, while Bitcoin's average block time is 10 minutes. This essentially means that transactions are sent on average every 2.5 minutes and 10 minutes respectively. Blocks, when mined, contain some of that currency to pay the miners, and that's how the crypto is mined.

Litecoin also uses the scrypt algorithm, as opposed to Bitcoin using SHA-256. Bitcoin is more suited for ASIC mining, while scrypt is generally very memory intensive, and normally better suited for GPU mining.

Why is Steem price going down?

Why is Steem price going down (July, 2018)?

You can find this blog to hopefully explain what is going on-

https://steemit.com/steemit/@bycoleman/steem-price-under-massive-pressure-as-more-whales-power-down

There are many whales right now powering down, including @ned, the Steemit founder and CEO. As of 4 months ago, there was about $8m SP being actively powered down, and $6m SP being powered up. This imbalance in Steem being taken out of the system and Steem being put in ends with about 2m SP more then there were before the power ups and downs.

Now, for people to suddenly power down everything, there had to be a price drop or some sort of bad news, leading many whales to attempt to jump ship ASAP. As soon as some people try to sell off massive amounts of Steem, the Steem price will drop to compensate. But with the Steem price so low, you get paid a lot less then if the Steem price was high, so you might need to power down some SP to pay the bills. But when people power down, they introduce much more Steem into the system to sell of to pay their bills. And we're back where we started. It's a long loop of getting scared and selling off Steem, and can only stop with some good news or all of the people wanting to powering down finishing.

Price is going down as I am interested in buying at lower price, so market is doing me a favor. You can take the advantage too.

How to calculate vests to Steem Power?

How to covert vests to Steem power? Are there any good web apps that will provides a GUI for that?

http://www.steemdollar.com/vests.php

I'm surprised you haven't found this nifty tool yet.

There are hundreds of tools out there about steem. It is hard to filter them.

I know 1 steem= aproximativ 2000 vest right now and almost all time is this rate

http://www.steemdollar.com/vests.php
u can go to the link and get whatever you want,

Any recommendations for a mobile game (Android) that fit a commute on a train?

Ideal characteristics:

  • Offline (though okay if needs intermittent access to internet say to start a new level etc)
  • One-handed play (in case the train is crowded)
  • Fun (goes without saying...)

Based on your conditions which is similar to mine meaning i also choose games based on the conditions you described, I can suggest you atleast hundred games.. But that would be unnecessary and over the top.. So ill instead give you my top 10 favorite ones

  1. Alto's adventure.
    2.The room(trilogy)
  2. Badland
  3. infinite loop
  4. Dan the man
    6.Monument valley
  5. Thomas was alone.
  6. The cave.
  7. Monument valley 2.
    10.Leos fortune.

There are too many other games which I could give you as honorable mentions. But this ten should set you up for months I hope.. if you like any of them you are welcome😊😊

I'll check these out, thanks!

I'd advise against playing games in your free time since you can use it for much better stuff..

But if you must, why not play games and learn things at the same time? Khan Academy, Duolingo, Memrise, Codecademy are all "gaming apps" that gamify the learning experience. Plus they come in bite-sized 3-5 minute modules so it' perfect for the commute.

Maybe, but work is hard enough as it is in terms of learning, and I'd rather do lighter activities in that case. That said, I have done Duolingo and agree that it's great.

sure thing!

Well sorry i can't help you in that case..

This is hard to answer, but to have a universal basic income the money needs to come from somewhere. The idea with governments starting a ubi would be plausible because they collect taxes from their citizens, which they can use to pay the citizens a livable wage. With the blockchain, where would the money come from? If you were to create something like this with blockchain technology, it would have to be constantly funded and powered by investments into the coin itself, with the price of the coin rising with more buyers but dropping much more because of all the people who received free rewards for existing. In theory, it could be possible, but it would require so much money to come from somewhere, without the program being able to make any money other than selling the coin.

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