Ecoer Logo
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS6.93%
Net Worth
0.121USD
STEEM
0.000STEEM
SBD
0.175SBD
Effective Power
5.001SP
├── Own SP
0.633SP
└── Incoming Deleg
+4.368SP

Detailed Balance

STEEM
balance
0.000STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
0.633SP
Delegated Out
0.000SP
Delegation In
4.368SP
Effective Power
5.001SP
Reward SP (pending)
0.170SP
SBD
sbd_balance
0.000SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.175SBD
{
  "balance": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "reward_steem_balance": "0.000 STEEM",
  "vesting_shares": "1030.825651 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "7112.834155 VESTS",
  "sbd_balance": "0.000 SBD",
  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.175 SBD",
  "conversions": []
}

Account Info

namecroctrader
id352107
rank1,421,327
reputation2832306707
created2017-09-04T16:31:00
recovery_accountsteem
proxyNone
post_count4
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2017-11-08T23:56:15
last_root_post2017-11-08T23:56:15
last_vote_time2018-05-16T22:25:15
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power0
delayed_votes0
balance0.000 STEEM
savings_balance0.000 STEEM
sbd_balance0.000 SBD
savings_sbd_balance0.000 SBD
vesting_shares1030.825651 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares7112.834155 VESTS
reward_vesting_balance349.748524 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn0
to_withdraw0
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update1970-01-01T00:00:00
last_account_update1970-01-01T00:00:00
minedNo
sbd_seconds0
sbd_last_interest_payment1970-01-01T00:00:00
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
  "id": 352107,
  "name": "croctrader",
  "owner": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM6TqbZtLR5WRt8iSz9u4UkbBWnFgrdcQYm5wPLvWZaVU8hFQeJV",
        1
      ]
    ]
  },
  "active": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM7Z7FaUQJYMjeip7id1vfuDk94dx3JzRwNcKaMeHXffPZqpDR28",
        1
      ]
    ]
  },
  "posting": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM7yiThnf5rz5hAfaqfAbd9LbCLwNadQAcuvcAWfHjMbLPii6aGF",
        1
      ]
    ]
  },
  "memo_key": "STM67eEt2Hm2vLDeagBhKdJFv93tNy38qYsYp2jxvdLg6oupuDFcH",
  "json_metadata": "",
  "posting_json_metadata": "",
  "proxy": "",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_account_update": "1970-01-01T00:00:00",
  "created": "2017-09-04T16:31:00",
  "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": 1779058611
  },
  "downvote_manabar": {
    "current_mana": 2035914951,
    "last_update_time": 1779058611
  },
  "voting_power": 0,
  "balance": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "sbd_balance": "0.000 SBD",
  "sbd_seconds": "0",
  "sbd_seconds_last_update": "1970-01-01T00:00:00",
  "sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_sbd_balance": "0.000 SBD",
  "savings_sbd_seconds": "0",
  "savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
  "savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_withdraw_requests": 0,
  "reward_sbd_balance": "0.175 SBD",
  "reward_steem_balance": "0.000 STEEM",
  "reward_vesting_balance": "349.748524 VESTS",
  "reward_vesting_steem": "0.170 STEEM",
  "vesting_shares": "1030.825651 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "7112.834155 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": 339,
  "proxied_vsf_votes": [
    0,
    0,
    0,
    0
  ],
  "witnesses_voted_for": 0,
  "last_post": "2017-11-08T23:56:15",
  "last_root_post": "2017-11-08T23:56:15",
  "last_vote_time": "2018-05-16T22:25:15",
  "post_bandwidth": 0,
  "pending_claimed_accounts": 0,
  "vesting_balance": "0.000 STEEM",
  "reputation": 2832306707,
  "transfer_history": [],
  "market_history": [],
  "post_history": [],
  "vote_history": [],
  "other_history": [],
  "witness_votes": [],
  "tags_usage": [],
  "guest_bloggers": [],
  "rank": 1421327
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
steemdelegated 4.368 SP to @croctrader
2026/05/17 22:56:51
delegatorsteem
delegateecroctrader
vesting shares7112.834155 VESTS
Transaction InfoBlock #106141889/Trx 8074dcfca2d3bda928e9bb2a4046c7b5cb0eeef9
View Raw JSON Data
{
  "trx_id": "8074dcfca2d3bda928e9bb2a4046c7b5cb0eeef9",
  "block": 106141889,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-17T22:56:51",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "7112.834155 VESTS"
    }
  ]
}
steemdelegated 2.702 SP to @croctrader
2026/05/11 22:39:24
delegatorsteem
delegateecroctrader
vesting shares4400.623750 VESTS
Transaction InfoBlock #105969503/Trx 6dd2d7a479375b8ae0ec73d72fb430a60662d7be
View Raw JSON Data
{
  "trx_id": "6dd2d7a479375b8ae0ec73d72fb430a60662d7be",
  "block": 105969503,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-11T22:39:24",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "4400.623750 VESTS"
    }
  ]
}
steemdelegated 4.376 SP to @croctrader
2026/04/25 22:19:48
delegatorsteem
delegateecroctrader
vesting shares7125.349911 VESTS
Transaction InfoBlock #105509576/Trx 1968bd91e82a7575ba70d9ea7cbfd8c87e8bc175
View Raw JSON Data
{
  "trx_id": "1968bd91e82a7575ba70d9ea7cbfd8c87e8bc175",
  "block": 105509576,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-04-25T22:19:48",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "7125.349911 VESTS"
    }
  ]
}
steemdelegated 2.728 SP to @croctrader
2026/01/23 04:21:18
delegatorsteem
delegateecroctrader
vesting shares4442.170569 VESTS
Transaction InfoBlock #102847684/Trx b6868b6e3299ba308282e3601e469091e67ed983
View Raw JSON Data
{
  "trx_id": "b6868b6e3299ba308282e3601e469091e67ed983",
  "block": 102847684,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-01-23T04:21:18",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "4442.170569 VESTS"
    }
  ]
}
steemdelegated 2.829 SP to @croctrader
2024/12/16 23:40:21
delegatorsteem
delegateecroctrader
vesting shares4606.389766 VESTS
Transaction InfoBlock #91294087/Trx a01a8decc7b041b29d42c1f4a8c9499989bb63b9
View Raw JSON Data
{
  "trx_id": "a01a8decc7b041b29d42c1f4a8c9499989bb63b9",
  "block": 91294087,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2024-12-16T23:40:21",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "4606.389766 VESTS"
    }
  ]
}
steemdelegated 2.933 SP to @croctrader
2023/11/13 15:24:48
delegatorsteem
delegateecroctrader
vesting shares4775.523298 VESTS
Transaction InfoBlock #79848333/Trx fe2207c96dd4a4f3abd4ea895c22be892912e608
View Raw JSON Data
{
  "trx_id": "fe2207c96dd4a4f3abd4ea895c22be892912e608",
  "block": 79848333,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2023-11-13T15:24:48",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "4775.523298 VESTS"
    }
  ]
}
steemdelegated 4.737 SP to @croctrader
2023/09/21 20:18:39
delegatorsteem
delegateecroctrader
vesting shares7712.802084 VESTS
Transaction InfoBlock #78346014/Trx d99fbb46d0f769eabd9eab58b2be54e3e0ac3293
View Raw JSON Data
{
  "trx_id": "d99fbb46d0f769eabd9eab58b2be54e3e0ac3293",
  "block": 78346014,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2023-09-21T20:18:39",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "7712.802084 VESTS"
    }
  ]
}
steemdelegated 4.873 SP to @croctrader
2022/11/03 10:17:03
delegatorsteem
delegateecroctrader
vesting shares7934.483522 VESTS
Transaction InfoBlock #69111568/Trx 83350d7c60f2884d26b06503b5a8a353357c63f9
View Raw JSON Data
{
  "trx_id": "83350d7c60f2884d26b06503b5a8a353357c63f9",
  "block": 69111568,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-11-03T10:17:03",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "7934.483522 VESTS"
    }
  ]
}
steemdelegated 5.008 SP to @croctrader
2022/01/17 09:39:48
delegatorsteem
delegateecroctrader
vesting shares8155.016753 VESTS
Transaction InfoBlock #60807871/Trx 2caa5ba31a0c5ceb90d6a50cdf217b8e109a4e70
View Raw JSON Data
{
  "trx_id": "2caa5ba31a0c5ceb90d6a50cdf217b8e109a4e70",
  "block": 60807871,
  "trx_in_block": 32,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-01-17T09:39:48",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "8155.016753 VESTS"
    }
  ]
}
steemdelegated 5.121 SP to @croctrader
2021/06/13 23:38:00
delegatorsteem
delegateecroctrader
vesting shares8338.785411 VESTS
Transaction InfoBlock #54606321/Trx 6409a27c338fcb8b5350180c329989f7c1ae8851
View Raw JSON Data
{
  "trx_id": "6409a27c338fcb8b5350180c329989f7c1ae8851",
  "block": 54606321,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-06-13T23:38:00",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "8338.785411 VESTS"
    }
  ]
}
steemdelegated 5.236 SP to @croctrader
2020/12/11 09:58:36
delegatorsteem
delegateecroctrader
vesting shares8526.207385 VESTS
Transaction InfoBlock #49353827/Trx 862a55d96c651751323afd3a3faeef146f810d9c
View Raw JSON Data
{
  "trx_id": "862a55d96c651751323afd3a3faeef146f810d9c",
  "block": 49353827,
  "trx_in_block": 4,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-11T09:58:36",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "8526.207385 VESTS"
    }
  ]
}
steemdelegated 1.175 SP to @croctrader
2020/12/06 03:35:48
delegatorsteem
delegateecroctrader
vesting shares1912.543513 VESTS
Transaction InfoBlock #49205392/Trx 9348866147803ba539227bea2a770ad55a73ecee
View Raw JSON Data
{
  "trx_id": "9348866147803ba539227bea2a770ad55a73ecee",
  "block": 49205392,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-06T03:35:48",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "1912.543513 VESTS"
    }
  ]
}
steemdelegated 5.240 SP to @croctrader
2020/12/05 11:33:00
delegatorsteem
delegateecroctrader
vesting shares8532.574024 VESTS
Transaction InfoBlock #49186499/Trx 0b6d8b057cac012b3aef2543a41ede3a8f9856f2
View Raw JSON Data
{
  "trx_id": "0b6d8b057cac012b3aef2543a41ede3a8f9856f2",
  "block": 49186499,
  "trx_in_block": 13,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-05T11:33:00",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "8532.574024 VESTS"
    }
  ]
}
steemdelegated 1.179 SP to @croctrader
2020/11/02 13:05:36
delegatorsteem
delegateecroctrader
vesting shares1920.017158 VESTS
Transaction InfoBlock #48254807/Trx bd6431f7c12f50f74667fb5c3262156392c49f51
View Raw JSON Data
{
  "trx_id": "bd6431f7c12f50f74667fb5c3262156392c49f51",
  "block": 48254807,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-11-02T13:05:36",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "1920.017158 VESTS"
    }
  ]
}
steemdelegated 5.364 SP to @croctrader
2020/05/09 04:31:57
delegatorsteem
delegateecroctrader
vesting shares8735.220598 VESTS
Transaction InfoBlock #43215625/Trx 85a6b397676b25b4eed80e157a12676e34a7a143
View Raw JSON Data
{
  "trx_id": "85a6b397676b25b4eed80e157a12676e34a7a143",
  "block": 43215625,
  "trx_in_block": 16,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-05-09T04:31:57",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "8735.220598 VESTS"
    }
  ]
}
steemdelegated 1.200 SP to @croctrader
2020/05/08 07:57:45
delegatorsteem
delegateecroctrader
vesting shares1953.311140 VESTS
Transaction InfoBlock #43191515/Trx b3b8bd730eba6a18b6333da4b1dcc1681e8ca054
View Raw JSON Data
{
  "trx_id": "b3b8bd730eba6a18b6333da4b1dcc1681e8ca054",
  "block": 43191515,
  "trx_in_block": 15,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-05-08T07:57:45",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "1953.311140 VESTS"
    }
  ]
}
2019/09/04 17:48:12
parent authorcroctrader
parent permlink4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
authorsteemitboard
permlinksteemitboard-notify-croctrader-20190904t174812000z
title
bodyCongratulations @croctrader! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@croctrader/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/@croctrader) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=croctrader)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
json metadata{"image":["https://steemitboard.com/img/notify.png"]}
Transaction InfoBlock #36133650/Trx c896f5a27212039c58980e3669983489f836ec80
View Raw JSON Data
{
  "trx_id": "c896f5a27212039c58980e3669983489f836ec80",
  "block": 36133650,
  "trx_in_block": 8,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2019-09-04T17:48:12",
  "op": [
    "comment",
    {
      "parent_author": "croctrader",
      "parent_permlink": "4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-croctrader-20190904t174812000z",
      "title": "",
      "body": "Congratulations @croctrader! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@croctrader/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/@croctrader) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=croctrader)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
    }
  ]
}
steemdelegated 5.463 SP to @croctrader
2019/08/01 18:13:57
delegatorsteem
delegateecroctrader
vesting shares8896.187885 VESTS
Transaction InfoBlock #35179048/Trx 3a92b6f266e80a2bc3bc78f684fcc724144dd929
View Raw JSON Data
{
  "trx_id": "3a92b6f266e80a2bc3bc78f684fcc724144dd929",
  "block": 35179048,
  "trx_in_block": 22,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2019-08-01T18:13:57",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "croctrader",
      "vesting_shares": "8896.187885 VESTS"
    }
  ]
}
2018/09/04 18:36:51
parent authorcroctrader
parent permlink4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
authorsteemitboard
permlinksteemitboard-notify-croctrader-20180904t183651000z
title
bodyCongratulations @croctrader! You have received a personal award! [![](https://steemitimages.com/70x70/http://steemitboard.com/@croctrader/birthday1.png)](http://steemitboard.com/@croctrader) 1 Year on Steemit <sub>_Click on the badge to view your Board of Honor._</sub> **Do not miss the last post from @steemitboard:** [SteemFest³ - SteemitBoard support the Travel Reimbursement Fund.](https://steemit.com/steemfest/@steemitboard/steemfest-steemitboard-support-the-travel-reimbursement-fund) > Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!
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steemdelegated 5.585 SP to @croctrader
2018/08/15 23:47:57
delegatorsteem
delegateecroctrader
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steemdelegated 18.069 SP to @croctrader
2018/06/29 08:46:45
delegatorsteem
delegateecroctrader
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Transaction InfoBlock #23741961/Trx b26d1af7dbe5743e2961ab616a9c637b2c09b9d2
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2018/05/16 22:25:15
votercroctrader
authoraashahbazi86
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2018/04/18 17:24:54
votercroctrader
authorstephenkendal
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2018/04/18 07:45:30
votertof
authorcroctrader
permlink4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
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2018/03/31 19:05:45
votercroctrader
authorcloak.blog
permlinkproject-status-report-of-cloakcoin
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2018/03/31 19:05:24
votercroctrader
authorcloak.blog
permlinkofficial-cloakcoin-promotional-video
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Transaction InfoBlock #21164485/Trx 3c8f8194396e74126a155778c4c75fc0dac91146
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2018/03/27 06:14:15
votercroctrader
authorcryptosnow1
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Transaction InfoBlock #21033908/Trx e57f2926b5f8009d6a4cdba3de464ca451235b2b
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steemdelegated 18.193 SP to @croctrader
2018/02/22 12:18:18
delegatorsteem
delegateecroctrader
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Transaction InfoBlock #20092394/Trx 5d0a7a60f3189cdbcf2dd2a8791f4d1f33f24105
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2017/12/31 02:26:42
voterreblocked
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permlinkwhy-to-invest-in-cloak
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Transaction InfoBlock #18555722/Trx 310deffa24f5e74fc1f10f05cd47d36e59384684
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2017/12/12 02:55:54
votercm1
authorcroctrader
permlink4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
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Transaction InfoBlock #18009311/Trx 6596bbd3d4cb27d44909330aa4d62baaddeab81f
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2017/11/09 08:10:30
votercroctrader
authortraveljunkie
permlinkcloakcoin-cloak-quick-summary-2017116t232029266z
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Transaction InfoBlock #17065600/Trx e03db9fd431e5408e76c8ada3eccfd0129db6a19
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2017/11/09 01:55:36
votermartusamak
authorcroctrader
permlink4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
weight10000 (100.00%)
Transaction InfoBlock #17058116/Trx ce7b892a5d38dd0cabad9dcbd8611c419bc74496
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2017/11/09 01:01:48
voterjeffdud
authorcroctrader
permlink4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
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2017/11/09 00:37:18
voterkulishchusova
authorcroctrader
permlink4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
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2017/11/09 00:37:18
voteryakovarrasev
authorcroctrader
permlink4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
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2017/11/09 00:37:15
voteronmatin
authorcroctrader
permlink4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
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2017/11/09 00:37:15
voterrepolev
authorcroctrader
permlink4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
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2017/11/09 00:37:15
voterlpalinin
authorcroctrader
permlink4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
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2017/11/09 00:37:09
votertetryt
authorcroctrader
permlink4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
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2017/11/09 00:37:09
votersimaafour
authorcroctrader
permlink4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
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2017/11/09 00:37:06
voterpoer
authorcroctrader
permlink4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
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Transaction InfoBlock #17056546/Trx 336717021882f9dffa5c1050e6a15bf8df583250
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2017/11/09 00:37:06
voterreiken
authorcroctrader
permlink4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
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2017/11/09 00:37:03
voternexeqo
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2017/11/09 00:36:54
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2017/11/09 00:32:09
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2017/11/09 00:08:18
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2017/11/09 00:07:42
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2017/11/09 00:06:54
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2017/11/09 00:05:03
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2017/11/08 23:56:15
parent author
parent permlinkcloakcoin
authorcroctrader
permlink4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
titleIs bitcoin an environmental monster? Proof of Work or Proof of Stake?
bodyhttps://i.imgur.com/guUk5AQ.png # Is bitcoin an environmental monster? The energy consumption for production and entertainment however is enormous…

 Bitcoin is getting more and more expensive. Recently, it noted with $ 7900 at a new ATH. In the past ten days, a plus of 23 % is recorded! The great interest in the digital currency also leads to the fact that previously overlooked aspects come into the spotlight. For example, the cryptocurrency-focused internet platform Digiconomist calculates how much power the Bitcoin network consumes - and that's not all.

 As it is mentioned, the currency is created digitally - mostly in gigantic mining farms (Proof of Work). In addition, the transactions are written to a file called the blockchain. That's about 300,000 transactions per day. For their reward, the miner receive bitcoins.

As much electricity as Ireland

Running these computers consumes electricity, a lot of electricity. They generate bitcoin without break and that's why most of the data centers are located in China because each transaction requires around 245 kWh. That's about 3285 hours of television. That's 70.5 million kW hours a day 25.76 TWh a year. According to the average German electricity price, a Bitcoin transaction would cost more than € 70, in China it is only about € 23.

 That is more than the country Nigeria consumes with 185 million inhabitants a year and about 0.12% of the global electricity consumption. And whoever argues that the power supply in Nigeria is underdeveloped: It is approximately the power consumption of Ireland.

 Environmental consequences are controversial

The more transactions are made, the higher the power consumption. But it becomes difficult with the question whether Bitcoin is an environmental polluter - this depends on the current usage. There are data centers that are run with hydropower or geothermal energy. 

However, since most server farms are located in China, we should assume that many data centers are running on coal. But you have to relativize the amount of electricity consumption: Even bills and coins are energy-intensive in the production. And even computer centers of the banks are not running with air and love. Everything that is managed digitally needs power. 

The environmental consequences have been arguing for more than four years after author Mark Gimein published an article about it. 

Insights into the high energy consumption of mining bitcoins is nothing new. Already in mid-2015, a journalist had calculated that a single bitcoin transaction consumed as much energy as 1.7 US households a day. By the way, today there are already 8.3 households. The Dutch scientist Sebastian Deetman had calculated scenarios for the energy consumption of bitcoins in spring 2016. The results for 2020 were between the output of a small power plant and the consumption of Denmark. Denmark currently consumes 33.3 TWh, 30% more than bitcoins. So there is another solution to save unnecessary wasted energy…

Proof of Stake! The advantages of Proof of Stake are clear and there are several coins running on this algorithm. Key advantage is that Proof of Stake is a lot more energy efficient than Proof of Work as it can reduce the level of complex calculations and goes work involved that is inherent to it. Proof of Stake only means people holding the currency earning it by verifying that they own. One famous Proof of Stake coin is Dash with its disadvantage of a quorum of 1000 Dash. You need to hold this amount be a Masternode before realizing any reward. The alternative solution to Dash is Cloak which does not need more than one Cloak in order to get any staking rewards. The current team has really risen up from ashes and gave to the community a deep and clear understanding to aspect of privacy and anonymity. Cloakcoin provides earning interest of 6% per year by holding the currency. Proof of Stake is important for the future considering the rise of mass energy consumption. It is a more reliable and ecological algorithm than the Bitcoin system. From the financial point of view, provides Proof of Stake also an advantage because no financial institution is rewarding any customer with a interest of 6% per year. 

I hope with my article you will have a clear and deep understanding about the importance of Proof of Stake… Thank you Source: http://www.faz.net/aktuell/finanzen/digital-bezahlen/eine-bitcoin-transaktion-kostet-30-euro-strom-15282063.html
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      "author": "croctrader",
      "permlink": "4du9ay-is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake",
      "title": "Is bitcoin an environmental monster? Proof of Work or Proof of Stake?",
      "body": "https://i.imgur.com/guUk5AQ.png  \n# Is bitcoin an environmental monster? The energy consumption for production and entertainment however is enormous…

\n\nBitcoin is getting more and more expensive. Recently, it noted with $ 7900 at a new ATH. \nIn the past ten days, a plus of 23 % is recorded!\n\nThe great interest in the digital currency also leads to the fact that previously overlooked aspects come into the spotlight. \n\nFor example, the cryptocurrency-focused internet platform Digiconomist calculates how much power the Bitcoin network consumes - and that's not all.

 As it is mentioned, the currency is created digitally - mostly in gigantic mining farms (Proof of Work). In addition, the transactions are written to a file called the blockchain. \n\nThat's about 300,000 transactions per day. For their reward, the miner receive bitcoins.

As much electricity as Ireland

Running these computers consumes electricity, a lot of electricity. They generate bitcoin without break and that's why most of the data centers are located in China because each transaction requires around 245 kWh. That's about 3285 hours of television. That's 70.5 million kW hours a day 25.76 TWh a year. According to the average German electricity price, a Bitcoin transaction would cost more than € 70, in China it is only about € 23.

\n\nThat is more than the country Nigeria consumes with 185 million inhabitants a year and about 0.12% of the global electricity consumption. And whoever argues that the power supply in Nigeria is underdeveloped: It is approximately the power consumption of Ireland.

 Environmental consequences are controversial

The more transactions are made, the higher the power consumption. But it becomes difficult with the question whether Bitcoin is an environmental polluter - this depends on the current usage. There are data centers that are run with hydropower or geothermal energy. \n\n

However, since most server farms are located in China, we should assume that many data centers are running on coal. But you have to relativize the amount of electricity consumption: Even bills and coins are energy-intensive in the production. And even computer centers of the banks are not running with air and love. Everything that is managed digitally needs power. 

The environmental consequences have been arguing for more than four years after author Mark Gimein published an article about it. 

Insights into the high energy consumption of mining bitcoins is nothing new. \n\nAlready in mid-2015, a journalist had calculated that a single bitcoin transaction consumed as much energy as 1.7 US households a day. By the way, today there are already 8.3 households. \n\nThe Dutch scientist Sebastian Deetman had calculated scenarios for the energy consumption of bitcoins in spring 2016. The results for 2020 were between the output of a small power plant and the consumption of Denmark. Denmark currently consumes 33.3 TWh, 30% more than bitcoins.\n\nSo there is another solution to save unnecessary wasted energy…

Proof of Stake! The advantages of Proof of Stake are clear and there are several coins running on this algorithm. Key advantage is that Proof of Stake is a lot more energy efficient than Proof of Work as it can reduce the level of complex calculations and goes work involved that is inherent to it. \n\nProof of Stake only means people holding the currency earning it by verifying that they own. One famous Proof of Stake coin is Dash with its disadvantage of a quorum of 1000 Dash. You need to hold this amount be a Masternode before realizing any reward. \n\nThe alternative solution to Dash is Cloak which does not need more than one Cloak in order to get any staking rewards. The current team has really risen up from ashes and gave to the community a deep and clear understanding to aspect of privacy and anonymity. Cloakcoin provides earning interest of 6% per year by holding the currency.\n\nProof of Stake is important for the future considering the rise of mass energy consumption. It is a more reliable and ecological algorithm than the Bitcoin system. From the financial point of view, provides Proof of Stake also an advantage because no financial institution is rewarding any customer with a interest of 6% per year. 

I hope with my article you will have a clear and deep understanding about the importance of Proof of Stake…\n\nThank you\n\nSource: http://www.faz.net/aktuell/finanzen/digital-bezahlen/eine-bitcoin-transaktion-kostet-30-euro-strom-15282063.html",
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2017/11/08 23:49:57
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authorcroctrader
permlinkis-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake
titleIs bitcoin an environmental monster? Proof of Work or Proof of Stake?
body<html> <p>[center]</p> <p>&nbsp;<a href="https://i.imgur.com/guUk5AQ.png">https://i.imgur.com/guUk5AQ.png</a> &nbsp;</p> <p># Is bitcoin an environmental monster? The energy consumption for production and entertainment however is enormous…

</p> <p><br></p> <p>Bitcoin is getting more and more expensive. Recently, it noted with $ 7900 at a new ATH.&nbsp;</p> <p>In the past ten days, a plus of 23 % is recorded!</p> <p><br></p> <p>The great interest in the digital currency also leads to the fact that previously overlooked aspects come into the spotlight.&nbsp;</p> <p><br></p> <p>For example, the cryptocurrency-focused internet platform Digiconomist calculates how much power the Bitcoin network consumes - and that's not all.

 As it is mentioned, the currency is created digitally - mostly in gigantic mining farms (Proof of Work). In addition, the transactions are written to a file called the blockchain.&nbsp;</p> <p><br></p> <p>That's about 300,000 transactions per day. For their reward, the miner receive bitcoins.

As much electricity as Ireland

Running these computers consumes electricity, a lot of electricity. They generate bitcoin without break and that's why most of the data centers are located in China because each transaction requires around 245 kWh. That's about 3285 hours of television. That's 70.5 million kW hours a day 25.76 TWh a year. According to the average German electricity price, a Bitcoin transaction would cost more than € 70, in China it is only about € 23.

</p> <p><br></p> <p>That is more than the country Nigeria consumes with 185 million inhabitants a year and about 0.12% of the global electricity consumption. And whoever argues that the power supply in Nigeria is underdeveloped: It is approximately the power consumption of Ireland.

 Environmental consequences are controversial

The more transactions are made, the higher the power consumption. But it becomes difficult with the question whether Bitcoin is an environmental polluter - this depends on the current usage. There are data centers that are run with hydropower or geothermal energy.&nbsp;</p> <p><br></p> <p>

However, since most server farms are located in China, we should assume that many data centers are running on coal. But you have to relativize the amount of electricity consumption: Even bills and coins are energy-intensive in the production. And even computer centers of the banks are not running with air and love. Everything that is managed digitally needs power. 

The environmental consequences have been arguing for more than four years after author Mark Gimein published an article about it. 

Insights into the high energy consumption of mining bitcoins is nothing new.&nbsp;</p> <p><br></p> <p>Already in mid-2015, a journalist had calculated that a single bitcoin transaction consumed as much energy as 1.7 US households a day. By the way, today there are already 8.3 households.&nbsp;</p> <p><br></p> <p>The Dutch scientist Sebastian Deetman had calculated scenarios for the energy consumption of bitcoins in spring 2016. The results for 2020 were between the output of a small power plant and the consumption of Denmark. Denmark currently consumes 33.3 TWh, 30% more than bitcoins.</p> <p><br></p> <p>So there is another solution to save unnecessary wasted energy…

Proof of Stake! The advantages of Proof of Stake are clear and there are several coins running on this algorithm. Key advantage is that Proof of Stake is a lot more energy efficient than Proof of Work as it can reduce the level of complex calculations and goes work involved that is inherent to it.&nbsp;</p> <p><br></p> <p>Proof of Stake only means people holding the currency earning it by verifying that they own. One famous Proof of Stake coin is Dash with its disadvantage of a quorum of 1000 Dash. You need to hold this amount be a Masternode before realizing any reward.&nbsp;</p> <p><br></p> <p>The alternative solution to Dash is Cloak which does not need more than one Cloak in order to get any staking rewards. The current team has really risen up from ashes and gave to the community a deep and clear understanding to aspect of privacy and anonymity. Cloakcoin provides earning interest of 6% per year by holding the currency.</p> <p><br></p> <p>Proof of Stake is important for the future considering the rise of mass energy consumption. It is a more reliable and ecological algorithm than the Bitcoin system. From the financial point of view, provides Proof of Stake also an advantage because no financial institution is rewarding any customer with a interest of 6% per year. 

I hope with my article you will have a clear and deep understanding about the importance of Proof of Stake…</p> <p><br></p> <p>Thank you</p> <p><br></p> <p>Source: http://www.faz.net/aktuell/finanzen/digital-bezahlen/eine-bitcoin-transaktion-kostet-30-euro-strom-15282063.html</p> <p><br></p> <p>[/center]</p> </html>
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      "parent_permlink": "cloakcoin",
      "author": "croctrader",
      "permlink": "is-bitcoin-an-environmental-monster-proof-of-work-or-proof-of-stake",
      "title": "Is bitcoin an environmental monster? Proof of Work or Proof of Stake?",
      "body": "<html>\n<p>[center]</p>\n<p>&nbsp;<a href=\"https://i.imgur.com/guUk5AQ.png\">https://i.imgur.com/guUk5AQ.png</a> &nbsp;</p>\n<p># Is bitcoin an environmental monster? The energy consumption for production and entertainment however is enormous…

</p>\n<p><br></p>\n<p>Bitcoin is getting more and more expensive. Recently, it noted with $ 7900 at a new ATH.&nbsp;</p>\n<p>In the past ten days, a plus of 23 % is recorded!</p>\n<p><br></p>\n<p>The great interest in the digital currency also leads to the fact that previously overlooked aspects come into the spotlight.&nbsp;</p>\n<p><br></p>\n<p>For example, the cryptocurrency-focused internet platform Digiconomist calculates how much power the Bitcoin network consumes - and that's not all.

 As it is mentioned, the currency is created digitally - mostly in gigantic mining farms (Proof of Work). In addition, the transactions are written to a file called the blockchain.&nbsp;</p>\n<p><br></p>\n<p>That's about 300,000 transactions per day. For their reward, the miner receive bitcoins.

As much electricity as Ireland

Running these computers consumes electricity, a lot of electricity. They generate bitcoin without break and that's why most of the data centers are located in China because each transaction requires around 245 kWh. That's about 3285 hours of television. That's 70.5 million kW hours a day 25.76 TWh a year. According to the average German electricity price, a Bitcoin transaction would cost more than € 70, in China it is only about € 23.

</p>\n<p><br></p>\n<p>That is more than the country Nigeria consumes with 185 million inhabitants a year and about 0.12% of the global electricity consumption. And whoever argues that the power supply in Nigeria is underdeveloped: It is approximately the power consumption of Ireland.

 Environmental consequences are controversial

The more transactions are made, the higher the power consumption. But it becomes difficult with the question whether Bitcoin is an environmental polluter - this depends on the current usage. There are data centers that are run with hydropower or geothermal energy.&nbsp;</p>\n<p><br></p>\n<p>

However, since most server farms are located in China, we should assume that many data centers are running on coal. But you have to relativize the amount of electricity consumption: Even bills and coins are energy-intensive in the production. And even computer centers of the banks are not running with air and love. Everything that is managed digitally needs power. 

The environmental consequences have been arguing for more than four years after author Mark Gimein published an article about it. 

Insights into the high energy consumption of mining bitcoins is nothing new.&nbsp;</p>\n<p><br></p>\n<p>Already in mid-2015, a journalist had calculated that a single bitcoin transaction consumed as much energy as 1.7 US households a day. By the way, today there are already 8.3 households.&nbsp;</p>\n<p><br></p>\n<p>The Dutch scientist Sebastian Deetman had calculated scenarios for the energy consumption of bitcoins in spring 2016. The results for 2020 were between the output of a small power plant and the consumption of Denmark. Denmark currently consumes 33.3 TWh, 30% more than bitcoins.</p>\n<p><br></p>\n<p>So there is another solution to save unnecessary wasted energy…

Proof of Stake! The advantages of Proof of Stake are clear and there are several coins running on this algorithm. Key advantage is that Proof of Stake is a lot more energy efficient than Proof of Work as it can reduce the level of complex calculations and goes work involved that is inherent to it.&nbsp;</p>\n<p><br></p>\n<p>Proof of Stake only means people holding the currency earning it by verifying that they own. One famous Proof of Stake coin is Dash with its disadvantage of a quorum of 1000 Dash. You need to hold this amount be a Masternode before realizing any reward.&nbsp;</p>\n<p><br></p>\n<p>The alternative solution to Dash is Cloak which does not need more than one Cloak in order to get any staking rewards. The current team has really risen up from ashes and gave to the community a deep and clear understanding to aspect of privacy and anonymity. Cloakcoin provides earning interest of 6% per year by holding the currency.</p>\n<p><br></p>\n<p>Proof of Stake is important for the future considering the rise of mass energy consumption. It is a more reliable and ecological algorithm than the Bitcoin system. From the financial point of view, provides Proof of Stake also an advantage because no financial institution is rewarding any customer with a interest of 6% per year. 

I hope with my article you will have a clear and deep understanding about the importance of Proof of Stake…</p>\n<p><br></p>\n<p>Thank you</p>\n<p><br></p>\n<p>Source: http://www.faz.net/aktuell/finanzen/digital-bezahlen/eine-bitcoin-transaktion-kostet-30-euro-strom-15282063.html</p>\n<p><br></p>\n<p>[/center]</p>\n</html>",
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2017/10/16 02:40:45
voterjohndefault
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croctraderreceived 0.175 SBD, 0.215 SP author reward for @croctrader / why-to-invest-in-cloak
2017/10/14 18:43:24
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steemdelegated 18.319 SP to @croctrader
2017/10/13 16:06:42
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2017/10/12 14:31:54
parent authorcroctrader
parent permlinkwhy-to-invest-in-cloak
authordalesatoshi
permlinkre-croctrader-why-to-invest-in-cloak-20171012t143153488z
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2017/10/11 16:06:18
votersydewinder
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2017/10/10 21:34:27
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2017/10/09 21:16:48
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parent permlinkwhy-to-invest-in-cloak
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bodyCongratulations @croctrader! You have completed some achievement on Steemit and have been rewarded with new badge(s) : [![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@croctrader) Award for the number of upvotes received Click on any badge to view your own Board of Honor on SteemitBoard. For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard) If you no longer want to receive notifications, reply to this comment with the word `STOP` > By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
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2017/10/09 18:04:48
parent authorcroctrader
parent permlinkwhy-to-invest-in-cloak
authordragononcrypto
permlinkre-croctrader-why-to-invest-in-cloak-20171009t180446437z
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2017/10/09 18:04:03
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2017/10/09 13:07:36
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2017/10/09 04:50:39
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2017/10/09 04:43:45
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2017/10/08 20:22:33
parent authorcroctrader
parent permlinkwhy-to-invest-in-cloak
authorjoewilder
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2017/10/08 20:21:42
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2017/10/08 02:25:45
voterharaldsteam
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2017/10/07 21:24:39
voterkhaight
authorcroctrader
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2017/10/07 19:21:12
voterdamono
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2017/10/07 18:44:36
votercultura.bitcoin
authorcroctrader
permlinkwhy-to-invest-in-cloak
weight10000 (100.00%)
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croctraderpublished a new post: why-to-invest-in-cloak
2017/10/07 18:43:24
parent author
parent permlinkcloakcoin
authorcroctrader
permlinkwhy-to-invest-in-cloak
titleWhy to invest in CLOAK
body![whytoinvest.png](https://steemitimages.com/DQmRUuzPZH68W7ASDEavPPbguzD7teEnYSU3ZhzSG9ju9zy/whytoinvest.png) # Why to invest & hold Cloak? ## • 6% return annually (through stakings) / Cloak as a value storage</strong> Which investment yields a 6% return annually? Interest rates are close to zero or even negative, stock dividend yields move at around 2-4% annually (for top stocks). **Cloak offers 6% annually** All you need to do is to stake your CloakCoins. Proportionately one receives the interest which one can either stake again, invest elsewhere or exchange for fiat. *For example:* **Cloak price: 6$** Cloak investment volume: 10,000 coins 6% annually would mean 600 coins, at an average price of 6$ would mean **3,600$ profit a year.** **Cloak price: 50$** 6% annually would mean 600 coins, at an average price of 50$ would mean **30,000$ profit a year.** That’s already the average annual income in many industrialized countries! **Compared to a fiat investment at a bank with at most 1% interest (more likely to be less in reality):** 100$ profit per annum, with an investment of 10,000$. Summary: Investment in fiat: 0-0.5% return at an inflation of 1.5-2% = actual outcome is negative. Investment in stocks with dividend yield of 2-4%, after inflation 1.5-2%: profit -0.5-2% Stocks like crypto-assets are subjects to price fluctuations. Investment in Cloak (crypto-asset): 6% “interest/dividends” through stakings, inflation adjusted 4-4.5%. actual profit! ## • Anonymous transactions Need to transfer over 10,000$ internationally? The bank is asking where the money comes from, before the transaction is executed. Or even the fiscal authorities might get into it. No problem with Cloak! International transaction can be executed anonymously (with Enigma) and reach the receiver usually in less than a minute (Cloak Blocktime: 60s) ## • PoS vs PoW PoS - Staking is even possible on a Raspi minicomputer or any other computer that is available in the houshold (e.g. Laptop)! Staking is possible once a day, once a week, one a month, once a year. No stake interest will be lost! PoW - You have to invest in expensive mining hardware that can cost thousands if not hundreds of thousands of $. The difficulty is high, you will be not really successful with a few GPUs or one SHA256 Miner. In most cases the power costs will kill your earnings easily. ## • Transaction costs compared to BTC or LTC The regular transactions costs of 0.01 are made up with the staking easily. The transaction costs might be in some cases a little higher, in case many small blocks should be transferred. Nevertheless, in most cases the staking gains offset the transaction costs and therefore virtually non-existent. ## • Cloak vs BTC or LTC as a store of value Bitcoin and Litecoin have their eligibility as store of value like gold and silver do. In common, they also have that their mining is laborious and costly. Additionally neither bitcoin or litecoin give their holders returns, only price advances lead to capital gains. Different with Cloak! Increase in value for the number of coins in position through a moderate inflation of 6% per year. The real inflation relating to the total number of CloakCoins however is less than 6% per year, as coins which are held on exchanges are usually not staking. **About PoS in general:** PoS staking shall contribute to generate new blocks, and hold the network stable and safe. The more wallets are online, the more users are staking, that leads to higher security and also makes it less likely to be hit by a 51% attack on the network. If there is a minimum contribution necessary, so does it not only leave out the majority of investors from PoS, but in our opinion also leads to a certain degree of centralization. ## • Decentralized anonymity (Cloak) vs anonymity with Masternodes (Dash) Cloak uses decentralized anonymization from transactions with Enigma. Every single wallet is from the first cloak an Enigma node, which is in competition with all the other wallets, to help the anonymization of an transaction with Enigma. Every wallet is equal and can to the maximum quantity of Cloak in your wallet help with Enigma transactions. **For example:** When a request of 250 CLOAK comes in for an Enigma transaction, all wallets that hold 250 Cloak or more can help to conceal this transaction. The available wallets get randomly chosen, everyone has the same chance. Dash uses Masternodes. Only these nodes, which require the user to hold at least 1,000 Dash can be used for anonymous transactions. That leads to a certain degree of centralization, and as a sender one has to rely on that with this node point everything works cleanly. To operate one Cloak Enigma node one needs a minimum of 1 Cloak (amount invested at the moment around 6-7$, the more the better), where as with Dash one needs a minimum of 1,000 Dash (amount to be invested at the moment around 300,000$). It should be difficult for many new investors in crypto to raise this sum. **Significant gains through substantial rises possible – occasional temporary price loss should also be considered.**
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Transaction InfoBlock #16128746/Trx f4f3b41502cac90e95720f4328e804686a78fe6b
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      "parent_author": "",
      "parent_permlink": "cloakcoin",
      "author": "croctrader",
      "permlink": "why-to-invest-in-cloak",
      "title": "Why to invest in CLOAK",
      "body": "![whytoinvest.png](https://steemitimages.com/DQmRUuzPZH68W7ASDEavPPbguzD7teEnYSU3ZhzSG9ju9zy/whytoinvest.png)\n\n# Why to invest & hold Cloak?\n\n## • 6% return annually (through stakings) / Cloak as a value storage</strong>\nWhich investment yields a 6% return annually?\nInterest rates are close to zero or even negative,\nstock dividend yields move at around 2-4% annually (for top stocks).\n\n**Cloak offers 6% annually**\n\nAll you need to do is to stake your CloakCoins. \nProportionately one receives the interest which one can either stake again, invest elsewhere or exchange for fiat.\n\n\n*For example:*\n\n**Cloak price: 6$**\nCloak investment volume: 10,000 coins\n6% annually would mean 600 coins, at an average price of 6$ would mean **3,600$ profit a year.**\n\n\n**Cloak price: 50$**\n6% annually would mean 600 coins, at an average price of 50$ would mean **30,000$ profit a year.**\n\nThat’s already the average annual income in many industrialized countries!\n\n\n**Compared to a fiat investment at a bank with at most 1% interest\n(more likely to be less in reality):**\n\n100$ profit per annum, with an investment of 10,000$.\n\nSummary:\n\nInvestment in fiat: 0-0.5% return at an inflation of 1.5-2% = actual outcome is negative.\nInvestment in stocks with dividend yield of 2-4%, after inflation 1.5-2%: profit -0.5-2%\n\nStocks like crypto-assets are subjects to price fluctuations.\n\nInvestment in Cloak (crypto-asset): 6% “interest/dividends” through stakings, \ninflation adjusted 4-4.5%. actual profit!\n\n\n## • Anonymous transactions\n\nNeed to transfer over 10,000$ internationally? The bank is asking where the money comes from,\nbefore the transaction is executed. Or even the fiscal authorities might get into it.\n\nNo problem with Cloak! International transaction can be executed anonymously (with Enigma) and\nreach the receiver usually in less than a minute (Cloak Blocktime: 60s)\n\n\n## • PoS vs PoW\n\nPoS - Staking is even possible on a Raspi minicomputer or any other computer that is available in the\nhoushold (e.g. Laptop)! Staking is possible once a day, once a week, one a month, once a year.\nNo stake interest will be lost!\n\nPoW - You have to invest in expensive mining hardware that can cost thousands if not hundreds of\nthousands of $. The difficulty is high, you will be not really successful with a few GPUs or one\nSHA256 Miner. In most cases the power costs will kill your earnings easily.\n\n\n## • Transaction costs compared to BTC or LTC\n\nThe regular transactions costs of 0.01 are made up with the staking easily. \nThe transaction costs might be in some cases a little higher, in case many small blocks should be transferred. \nNevertheless, in most cases the staking gains offset the transaction costs and therefore virtually non-existent.\n\n\n## • Cloak vs BTC or LTC as a store of value\n\nBitcoin and Litecoin have their eligibility as store of value like gold and silver do.\nIn common, they also have that their mining is laborious and costly.\nAdditionally neither bitcoin or litecoin give their holders returns,\nonly price advances lead to capital gains.\n\nDifferent with Cloak! Increase in value for the number of coins in position through a moderate\ninflation of 6% per year. The real inflation relating to the total number of CloakCoins however is less\nthan 6% per year, as coins which are held on exchanges are usually not staking.\n\n\n**About PoS in general:**\n\nPoS staking shall contribute to generate new blocks, and hold the network stable and safe. \nThe more wallets are online, the more users are staking, that leads to higher security and also makes it less\nlikely to be hit by a 51% attack on the network. If there is a minimum contribution necessary, so\ndoes it not only leave out the majority of investors from PoS, but in our opinion also leads to a\ncertain degree of centralization.\n\n\n## • Decentralized anonymity (Cloak) vs anonymity with Masternodes (Dash)\n\nCloak uses decentralized anonymization from transactions with Enigma. \nEvery single wallet is from the first cloak an Enigma node, \nwhich is in competition with all the other wallets, \nto help the anonymization of an transaction with Enigma.\n\nEvery wallet is equal and can to the maximum quantity of Cloak\nin your wallet help with Enigma transactions.\n\n**For example:**\n\nWhen a request of 250 CLOAK comes in for an Enigma transaction, \nall wallets that hold 250 Cloak or more can help to conceal this transaction. \nThe available wallets get randomly chosen, everyone has the same chance.\n\nDash uses Masternodes. Only these nodes, which require the user to hold \nat least 1,000 Dash can be used for anonymous transactions. \nThat leads to a certain degree of centralization, and as a sender one has\nto rely on that with this node point everything works cleanly.\n\nTo operate one Cloak Enigma node one needs a minimum of 1 Cloak \n(amount invested at the moment around 6-7$, the more the better), \nwhere as with Dash one needs a minimum of 1,000 Dash\n(amount to be invested at the moment around 300,000$). \nIt should be difficult for many new investors in crypto to raise this sum.\n\n\n**Significant gains through substantial rises possible – \noccasional temporary price loss should also be considered.**",
      "json_metadata": "{\"tags\":[\"cloakcoin\",\"enigma\",\"altcoin\",\"untraceable\",\"privacy\"],\"image\":[\"https://steemitimages.com/DQmRUuzPZH68W7ASDEavPPbguzD7teEnYSU3ZhzSG9ju9zy/whytoinvest.png\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
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}
2017/09/15 16:58:18
voterricecakeonfire
authorcroctrader
permlinkre-cryptodeveloper-re-cryptoexclusive-cloakcoin-finally-being-recognized-get-in-now-20170914t184741811z
weight10000 (100.00%)
Transaction InfoBlock #15493377/Trx 48df08a9519f77d5d40e36899565b26d2deee278
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Witness Votes

0 / 30
No active witness votes.
[]