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      "body": "<html>\n<p><img src=\"http://i64.tinypic.com/rhpf6p.jpg\" width=\"768\" height=\"512\"/></p>\n<p><br></p>\n<p>http://i64.tinypic.com/rhpf6p.jpg</p>\n<p><br></p>\n<p>Bitcoin has a number of properties that give it utility (and thus value)  such as  trustlessness, permissionlessness, transparency, and immutability.</p>\n<p><br></p>\n<p>When you broaden your perspective of bitcoin from a currency and payment system to that of a secure historical ledger, it becomes clear that these properties, in conjunction with each other, can enable powerful applications.</p>\n<p><br></p>\n<p>As the \"blockchain but not bitcoin\" buzz continues to intensify, we can see that this is because many existing business and financial use cases don’t see a need for trustlessness and permissionlessness. Traditional financial institutions already have semi-trusted permissioned relationships that they have been established over many decades and their goal is to reestablish these relationships with new technology that makes coordination more efficient and robust. Public ledgers like bitcoin have been problematic for financial institutions because transaction validation is performed by a group of potentially unknown parties while financial institutions are often legally required to vet every transaction going through them.</p>\n<p><br></p>\n<p>Some of bitcoin's properties are difficult to describe comprehensively.</p>\n<p><br></p>\n<p>While permissionlessness (anyone can use the system without asking permission or fear of being censored) and transparency (anyone can audit the ledger) are straightforward, trustlessness and immutability are more complex.</p>\n<p>SOURCE: http://www.coindesk.com/bitcoin-the-trust-anchor-in-a-sea-of-blockchains/</p>\n</html>",
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      "body": "<html>\n<p><img src=\"http://imgur.com/a/DyNYI\"/>One of the Reserve Bank of India's deputy governors has encouraged local banks to work with a research outfit previously established by the central bank on blockchain projects.</p>\n<p><br></p>\n<p><br></p>\n<p>ADVERTISEMENT</p>\n<p><br></p>\n<p><br></p>\n<p>In a speech during an event at the Institute for Development and Research in Banking Technology (IDRBT) on 19th July, Deputy Governor Rama Gandhi said banks should work to develop applications for digital currencies and distributed ledgers.</p>\n<p><br></p>\n<p>The speech focused on banking technology more broadly, but according to Gandhi, the IDRBT is an effective means to test possible applications.</p>\n<p>Source: http://www.coindesk.com/rbi-calls-indian-banks-explore-blockchain/</p>\n</html>",
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      "body": "<html>\n<p>http://imgur.com/a/B82nj</p>\n<p>steem recently became the third-largest digital currency as measured by market capitalization, surpassing $400 million this month, some market experts are skeptical of steem and have expressed doubts about its economics.</p>\n<p><br></p>\n<p><br></p>\n<p>ADVERTISEMENT</p>\n<p><br></p>\n<p><br></p>\n<p>The digital currency’s market capitalization surged in July, rising more than 2,000% from $17.9M to $411.9M between 04:14 UTC on 6th July and the same time on 20th July, CoinMarketCap figures reveal. The digital currency’s price climbed more than 1,800% during this period, increasing from $0.24 to $4.63.</p>\n<p><br></p>\n<p>For those new to the digital currency, users can obtain steem by posting content on social media platform named Steemit. When users publish popular content, as measured by upvotes, they receive steem tokens. By developing such a platform, Steemit’s creators have stated that they want to allow users to receive a reward for the content they create.</p>\n<p><br></p>\n<p>\"The concept itself is interesting, it is a Reddit and Quora mashup with a strong monetary incentive to produce good quality content,\" Joe Lee, co-founder and CIO of digital currency trading platform Magnr, told CoinDesk. \"Whether steem succeeds as a digital currency will be more a reflection of Steemit’s success as a startup as opposed to the economics of the coin itself. This is a good example of a digital currency whose value will be closely affiliated to its utilitarian value as a social networking and sharing platform.\"</p>\n<p>COMPLETE</p>\n<p>Source: http://www.coindesk.com/steem-provokes-doubt-market-observers/</p>\n<p><br></p>\n</html>",
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      "author": "cheetah",
      "body": "Hi! I am a content-detection robot. This post is to help manual curators; I have NOT flagged you.\nI have detected a potential source:\nhttp://www.coindesk.com/ether-withdrawals-millions-dao-funds-remain/\nPlease try to refrain from copying articles to Steemit. Even if one links the source, this is still considered plagiarism and can end up in a DMCA notice being sent. You may also be downvoted, and added to a downvote bot's list if your account does this repeatedly.\nIf I am correct, please edit your post to only link to the article, then provide your own original thoughts on it.\nNOTE: I am too dumb to tell if you are the author, so ensure you have proper verification in your post for human curators to check!",
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      "body": "<html>\n<p><img src=\"http://i.imgur.com/doiLM4Q.jpg\"/>Millions of dollars worth of ether remain unclaimed from a smart contract established for the purpose of allowing investors in The DAO to recover funds compromised in the project's demise.Of the 11.6m&nbsp;ETH&nbsp;<a href=\"http://www.coindesk.com/ethereum-executes-blockchain-hard-fork-return-dao-investor-funds/\">moved to the contract</a>&nbsp;by way of a change to the&nbsp;underlying ethereum platform's code&nbsp;<a href=\"http://www.coindesk.com/ethereum-executes-blockchain-hard-fork-return-dao-investor-funds/\">earlier this week</a>, just over half (about&nbsp;60%) of&nbsp;the funds, or about 6.85m ETH, have&nbsp;so far been withdrawn.</p>\n<p>The remaining <a href=\"https://etherscan.io/address/0xbf4ed7b27f1d666546e30d74d50d173d20bca754\">4.75m ETH</a>, worth about $68m at today's USD exchange rate, continues to be available to potential investors.&nbsp;</p>\n<p>However, the withdrawal rate, at press time, seems to have slowed noticeably.</p>\n<p>Within <a href=\"http://www.coindesk.com/dao-stakeholders-begin-withdrawing-their-ethers/\">hours</a> of the hard fork more than 40%&nbsp;of the 11.58m ether had been withdrawn, leaving 6.6m in the account, according to figures from CoinDesk.&nbsp;</p>\n<p>Twenty-four hours later, 5.2m remained.At press time, roughly 60% of the total funds have been withdrawn, up from 52% observed yesterday.<br>\nThe number of withdrawals seems, at press time, to follow a similar pattern.More than 5,000&nbsp;withdrawals were made at the end of the first day funds were available.&nbsp;</p>\n<p>This was followed by a similarly strong 6,430 withdrawals on 21st June.</p>\n<p>However, data from 22nd June suggests just 1,215 contract withdrawals&nbsp;were initiated today.</p>\n<h1><img src=\"http://i.imgur.com/xkuktCs.jpg\"/></h1>\n<p>Should each withdrawal represent a single DAO investor, this would mean that just over 12,500 investors, or half of the <a href=\"http://www.coindesk.com/5-takeaways-coindesks-understanding-ethereum-report/\">roughly 23,500 investors</a>, have so far received funds.&nbsp;It is, however, likely that some investors manage multiple addresses.Representatives from the ethereum development community state the funds are&nbsp;expected to stay in that account until they are withdrawn.</p>\n</html>",
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      "body": "Hi! I am a content-detection robot. This post is to help manual curators; I have NOT flagged you.\nI have detected a potential source:\nhttp://www.coindesk.com/moodys-120-blockchain-projects-report/\nPlease try to refrain from copying articles to Steemit. Even if one links the source, this is still considered plagiarism and can end up in a DMCA notice being sent. You may also be downvoted, and added to a downvote bot's list if your account does this repeatedly.\nIf I am correct, please edit your post to only link to the article, then provide your own original thoughts on it.\nNOTE: I am too dumb to tell if you are the author, so ensure you have proper verification in your post for human curators to check!",
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      "body": "<html>\n<p><img src=\"http://i.imgur.com/7xP0WxJ.jpg\"/>As many as 120 blockchain-related projects are being undertaken&nbsp;by governments&nbsp;and companies&nbsp;rated by credit agency&nbsp;Moody’s, new data shows.Many of the projects have been publicly disclosed, and the report cites initiatives like the Hyperledger Projects as well as both regional and global finance consortiums as major drivers of issuer participation. A number of public sector initiatives are also cited.<a href=\"https://www.moodys.com/research/Moodys-Blockchain-can-bring-benefits-to-the-financial-industry-and--PR_352414?WT.mc_id=AM~RmluYW56ZW4ubmV0X1JTQl9SYXRpbmdzX05ld3NfTm9fVHJhbnNsYXRpb25z~20160721_PR_352414\">The report</a> also centered on smaller, more focused initiatives, including <a href=\"http://www.coindesk.com/allianz-blockchain-smart-contracts-boost-catastrophe-bond-trading/\">one</a> by Allianz that saw the creation of a prototype for handling the trade of catastrophe swaps and bonds.Other items included the calculation aren't so certain, however.The report cites work by the People’s Bank of China (PBoC), the Chinese central bank, <a href=\"http://www.coindesk.com/chinas-central-bank-weighing-blockchain-as-one-option-for-digital-currency/\">to explore</a> the development of an electronic currency. Though a blockchain-based digital currency is believed to be under consideration, signs indicate that the PBoC might ultimately look to other technologies.That said, it’s too early to say what shape this or other central bank projects might take.For its part, the credit agency argued that in spite of the activity among financials around the world, shortcomings remain.\"There is significant enthusiasm for the potential of the technology, but there is still a limited track record of large-scale blockchain implementation in a regulated environment, and many hurdles lie ahead before we see widespread applications,\" Robard&nbsp;</p>\n</html>",
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