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      "parent_author": "bashif",
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      "author": "steemitboard",
      "permlink": "steemitboard-notify-bashif-20190830t100351000z",
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      "body": "Congratulations @bashif! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@bashif/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/@bashif) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=bashif)_</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!",
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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:\nhttp://bitcoingoldforbeginners.com/signal-trading-puts-bitto-ahead-of-the-pack-in-the-crypto-exchange-space/",
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      "parent_permlink": "crptocurrency",
      "author": "bashif",
      "permlink": "bitto-the-next-generation-crypto-exchange",
      "title": "BITTO,The next generation CRYPTO Exchange?",
      "body": "As the cryptocurrency space has expanded into the mainstream over the last twelve months, the demands of the industry’s participants have increased. Many of the legacy services have had to improve on what they offer, faced with the threat of falling behind newer entrants and competitors in their respective corner of crypto.\n\nThere’s perhaps no part of the cryptocurrency space that this is truer for than exchanges. Countless exchanges have fallen by the wayside for failing to keep up with competitors, lacking in things like quality, security of breadth of offering for their traders.\n\nOne company, a next-generation exchange called Bitto, is currently raising capital as part of an initial coin offering (ICO) and once it hits the market, it’s going to force the current leaders in this space to step up or risk falling victim to the above-described client exodus.\n\nSo what sets Bitto apart?\n\nThe platform is an exchange first and foremost but it also offers a spectrum of satellite-type facilities to users, ranging from lending and borrowing to staking and margin trading.\n\nOne of the satellite facilities that really sets it apart, however, is its signal trading service.\n\nFor many newer traders, or even for experienced traders, the speed with which the crypto space moves combined with the vast array of tradable assets available can be daunting. These markets don’t move like some of the more traditional financial asset markets, (equities, for example) and learning to become a successful crypto trader can take time.\n\nFor those who have the time, it can be a lucrative endeavor. Many people cannot spend their days glued to a trading chart platform, however, and Bitto offers a solution to these (numerous) individuals.\n\nAnd it’s called Signal Trading.\n\nExperienced traders that use the Bitto platform can register to allow other traders to follow and, in turn, copy, their trading activity. When these experienced and profitable traders place a trade, the Bitto platform alerts any users that are following the trader in question so that the same trade can be replicated in the less-experienced trader’s account.\n\nA user can log onto the platform and research the available traders that he or she can follow and use as signal generators. Bitto allows for complete transparency, meaning a user can identify the top traders using key metrics associated with risk and return before committing to following a specific trader.\n\nBut that’s not all.\n\nA user can follow as many traders as their token holdings allow, which allows for a simple and easy diversification technique. Say, for example, one trader only trades long-term, low-risk bitcoin and Ethereum positions and another trades high risk (but high reward), short-term altcoin positions.\n\nIf the user was to follow the former, their exposure would be low risk but their reward might be limited. Similarly, but conversely, if the user was to follow only the latter trader, he or she might be setting themselves up for a higher reward potential but – at the same time – could be taking on an excessive amount of risk.\n\nBy following both traders, however, and using signals from both to execute trades in their own account, the user is diversifying their approach between a higher risk, higher reward and a lower risk, lower reward strategy.\n\nAnd it’s not just limited to two different approaches – the user can diversify as much or as little as they like by following a higher or a lower number of traders that take different approaches.\n\nAs noted, this is just one of the elements that set Bitto apart from its competitors in this space but its one that we see as being a major driver behind its growth and its evolution into an industry leading exchange long-term.\n\nFOR who wanto know more  check out thier white paper https://www.dropbox.com/s/ah16005ivorftil/The_BiTTo_Coin%20final%20Edit.pdf?dl=0",
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      "parent_permlink": "crypto",
      "author": "bashif",
      "permlink": "crypto-kitties-proved-why-blockchain-matters-a-lot",
      "title": "Crypto Kitties Proved Why Blockchain matters a lot.",
      "body": "Recently, AxiomZen studios launched Crypto Kitties, an Ethereum-based game where you can buy and breed cute digital cats.\n\nThen, as with every cat thing on the Internet, it promptly blew up. People spent over $6.4 million on these virtual cats. The most expensive one, the genesis cat, sold for a whopping $115,000 a few days ago.\n\nThe popularity of Crypto Kitties caused a lot of confusion online. At first glance, this looks completely silly. But, believe it or not, Crypto Kitties marks the beginning of a massive digital revolution. To understand why, we first need to learn about the blockchain, Bitcoin and Ethereum.\n\nThe copy-paste problem\nOne of the most important properties of computers is that they can effortlessly duplicate information.\n\nFor instance, if I send you an email, I still have a copy of it on my computer. Compare this to the real world, where, if I send you a letter through the mail, the letter is gone. I no longer have it. There can only ever be one version of that letter in the world.\n\nIn most cases, this copy-paste property is great. But in some cases, it sucks. Money is a good example of that.\n\nSay I create my own digital money —call it BCash — and give some to my friend. Then, my friend duplicates it a million times, and now, he wants to buy your car with it. Would you agree to sell him your car for a million BCash?\n\nNo. You’d say that his money isn’t worth anything because he can just make it all up from nothing.\n\nThis is the paradox of digital assets, or as I call it, the copy-paste problem: for things to have value, they need to be scarce. But computers, by default, make everything available to everyone. Therefore, anything that can be duplicated on a computer shouldn’t have any value, theoretically speaking.\n\nThis is a big problem for digital assets such as money. So far, we avoided this problem by backing the dollar through powerful third parties: governments, banks, Paypal, etc. Today, your online savings have value because you trust that your bank isn’t secretly duplicating your money (except they do).\n\nSo, what if we didn’t have to use third parties?\n\nEnter Bitcoin and the blockchain\nYou probably heard of Bitcoin. This new digital currency went from $900 per coin at the beginning of 2017 to an eye-popping $14,500 today.\n\nBitcoin is special because it isn’t backed by any bank, government, or company. So, why is Bitcoin so valuable then?\n\nThe answer is the blockchain.\n\nThe blockchain is a recent invention powered by breakthroughs in cryptography. I won’t dive into technical details, but the gist of it is: the blockchain is a form of computing where you can’t duplicate things.\n\nFor example, if I send you an email over the blockchain, that email is gone from my computer. I will never get it back (unless you send it back to me). Just like the real-world letter from earlier, each Bitcoin is completely unique.\n\nIn the blockchain’s world, computer code is law, and the Bitcoin code stipulates that there will only ever be 21 million Bitcoin created. Currently, there is less than 1 Bitcoin available for every 460 people on the planet, and that is excluding the Bitcoins that have been lost forever. Bitcoins are unique and extremely scarce, and this is why they are so valuable.\n\nEthereum, the blockchain computer\nBitcoin is the most popular use case of the blockchain right now, but it is far from being the only one. The second most popular one, Ethereum, is far more interesting in my opinion.\n\nYou see, while Bitcoin can only add and subtract value on its blockchain, Ethereum is Turing complete, which means it can perform any computation.\n\nIn short, Bitcoin is to an old calculator what Ethereum is to a computer.\n\n \n\n\nBecause Ethereum can run computer code, it’s possible to build many different types of applications on top of it. Right now, Crypto Kitties just happens to be the most popular example of that.\n\nTangible digital assets\nAs I said, Crypto Kitties is a game built on the Ethereum blockchain. This means that, in the game, every cat you buy or breed is unique and belongs only to you.\n\nHow is this different from other games, you might ask?\n\nWell, when you play a traditional game like World of Warcraft, the company who made it controls everything. They have full access your characters and items. At any point, they can duplicate, ban or even delete them if they want to. In a blockchain-based game like Crypto Kitties, you own your assets.\n\nThis might not seem like a big deal at first, but people care about this. A lot.\n\nThis is my “Peter Thiel” type of unconventional truth: the fact that you own the cat just feels right. It’s a small nuance, but ultimately, it makes all the difference in the world. This is how real-world assets work, and this is how digital assets were always meant to work.\n\n\nWould I pay that much money for a digital cat? No, but neither would I for a baseball card. In the end, however, these are all unique tangible assets that are extremely rare, and thus, are extremely valuable to some people.\n\nBeyond cryptocollectibles\nI’ll admit it, collecting digital cats is silly, but that’s beside the point. Let’s stop for a moment and imagine that, instead of selling cats.\nThis website sold:\n\nWorld of Warcraft items,\nHouses, buildings, land titles,\nCorporate stocks such as Apple, Amazon or Facebook.\nDo you see the potential? What makes Crypto Kitties exciting isn’t the cats themselves, its the possibilities that it demonstrates. This is a proof of concept for something much bigger. With the Ethereum protocol, we can now create, tokenize, and freely trade any type of assets on the blockchain. This isn’t about cats; it’s about the future of this new, revolutionary technology.\n\nI would invite you to try it. Go to www.cryptokitties.co, buy some ETH and try out their marketplace. Then, imagine a world where every digital and physical asset is being freely traded just like those cats.\n\nA few predictions\nA lot of people  —  including me  —  believe the blockchain is the most important invention since the Internet.\n\nThe blockchain changes everything we thought we knew about computers. By removing one of the computer’s biggest features  —  the ability to duplicate information  —  it opens up computing to a multitude of new, real-world use-cases that would have never been possible before.\n\nGranted, breeding digital cats is silly, and it will likely be a temporary fad. However, this marks the beginning of a digital revolution. The blockchain bridges the digital and the physical worlds in a massive way. Now, digital assets can have real-world properties such as scarcity, and physical assets can be traded just as easily as sending an email. This is the best of both worlds.",
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