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      "body": "https://media.giphy.com/media/xT5LMFciblSTtnJhvi/giphy.gif\n\nSocial network paid for the 1st time people have posted on the site for 15 days.\n\nThe Steem, digital currency of the new site Steemit social media, shot more than 1000% on Tuesday (12) to more than US $ 150 million, two weeks after paying for the first time people have posted on the site, according to coinmarketcap.com.\n\nThe Steemit is basically a website that rewards or pay users who post content that receives multiple \"affirmative\" the site participants. The award is given in steem currency. The content on the site is not limited to digital currencies and users have made posts of different topics, from lasagna to on a trip to North Africa.\n\n\"It's basically a social media platform with incentive\" said the president of Steemit, Ned Scott, in an interview.\n\nThe currency price steem on Tuesday was $ 1.75, equivalent to a market value of $ 151.8 million.\n\nThis is the value of 81.6 million of steems outstanding. On July 4, when the Steemit steems used first to pay users for their content, the figure was only 13 million dollars, according to Scott.\n\nThe Steem is the fifth largest digital currency in terms of market value. The coinmarketcap.com 657 monitors digital coins.\n\nUsers who make steem can exchange them for bitcoins within the platform. They can use bitcoins to pay for services or goods or keep them as an investment.",
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      "title": "How to Make Money Playing League of Legends",
      "body": "<html>\n<p><img src=\"http://b-i.forbesimg.com/insertcoin/files/2013/12/league.jpg\"/></p>\n<p><strong>Learn How to Make Money Playing League of Legends</strong>. It has to be every kid’s dream to grow up playing video games for a living, doesn’t it? Unfortunately, those opportunities are&nbsp;too far removed from the real world but there is a way you can make money playing League of Legends.Yes, in this final part of a 3-part Digital Currency Series, we look at how you can earn extra money playing League of Legends.Sounds great doesn’t it?Why not generate a little extra&nbsp;money while you play lol? And once you’ve set it up, it’ll keep on paying as long as you’re playing.So let’s take a look at the League of Legends Review video to see <strong>How to Make Money Playing League of Legends&nbsp;</strong>…Ok, so it’s not a great deal of money but let’s face it you were going to play League of Legends anyway weren’t you? So why not take the time set up an account before you get started. And when you loose days of time playing lol you’ll at least have something to show for it. Sweet!The digital currency you can earn playing League of Legends is called DigiByte and the DigiByte&nbsp;team&nbsp;is currently hard at work developing this alternate digital currency and predicts great things for the future.If you want to keep updated with all the latest DigiByte news then I’d suggest you subscribe to the <a href=\"https://www.youtube.com/user/DigiByteCoin\"><strong>DigiByte</strong></a> Youtube channel for regular updates.</p>\n<h2><strong>HOW TO MAKE MONEY PLAYING LEAGUE OF LEGENDS</strong></h2>\n<h3><strong>#1 – Go to DigiByte Gaming</strong></h3>\n<p>First you’ll need to navigate to the <a href=\"https://www.digibytegaming.com/\"><strong>DigiByte Gaming</strong></a> website.</p>\n<h3><strong>#2 – Sign in with Twitch or Twitter</strong></h3>\n<p>Now sign into the website using your Twitch or Twitter account.This website uses a tipping bot to deliver the Digibyte via one of these accounts.</p>\n<h3><strong>#3 – Enter your DigiByte Wallet Address</strong></h3>\n<p>Next, you’ll need to enter in your&nbsp;DigiByte Wallet AddressIf you don’t have a&nbsp;DigiByte Wallet then head on over to the <a href=\"http://digibyte.co/content/choose-your-digibyte-wallet\"><strong>DigiByte website</strong></a> and choose one that suits your needs.</p>\n<h3><strong>#4 – Verify your Summoner (In-Game Name)</strong></h3>\n<p>Next, you’ll need to enter your Summoner Name or In-Game Name then you’ll be presented with a game code. Take a copy this code.Then open up League of Legends and navigate to the masteries&nbsp;tab.Add a new Masteries Page and paste in the game code from earlier. Save Masteries Page.Now go back to Digibyte Gaming and verify your account.If this is successful then you should start receiving&nbsp;Digibyte’s&nbsp;to your digital wallet</p>\n<h3><strong>#5 – Start Playing</strong></h3>\n<p><em>Current payout values Nov 2015</em>And whenever you play League of Legends you’ll be getting paid to play.Now the payout amounts vary depending on the current sponsorship agreements but just hang on to your DigiBytes because&nbsp;they might be worth a lot more to you in the future.Did you ever hear about the story of the <a href=\"http://www.forbes.com/sites/ericmack/2013/12/23/the-bitcoin-pizza-purchase-thats-worth-7-million-today/\"><strong>$7 million dollar pizza</strong></a>?As a rule of thumb, the value of Digital Currencies increase over time, as long as the community involved with them remains active.For more detailed setup instructions watch the official <a href=\"https://www.youtube.com/watch?v=nUdsJx1UbuM\"><strong>DigiByte Gaming Setup</strong></a> Video.League of Legends is free to play so why wouldn’t you play this awesome game</p>\n</html>",
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      "permlink": "re-jansenweb-a-bitcoin-miner-in-every-device-and-in-every-hand-20160723t182238283z",
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      "body": "Mining definitely needs to be simplified. For example, if you could mine from your STEEM wallet by just clicking a button, that would make it where anyone could mine. Right now mining is way too esoteric.\n\nAnd there should be more coins made for the purpose of CPU mining, and even Cell Phone mining.",
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      "title": "How Bitcoin Could Become The Internet Of Money",
      "body": "<html>\n<p><img src=\"http://s3.amazonaws.com/digitaltrends-uploads-prod/2014/02/Bitcoin.jpg\" width=\"800\" height=\"600\"/></p>\n<p><em>How the crypto-currency could become the internet of money.</em>The father has been found in time for his child’s funeral. That would appear to be the sorry state of affairs in the land of Bitcoin, a cypto-currency, if recent press coverage is to be believed. On March 6th Newsweek reported that it had tracked down Satoshi Nakamoto, Bitcoin’s elusive creator.And on March 11th Mt Gox, the Japanese online exchange that had long dominated the trade in the currency before losing $490m of customers’ Bitcoins at today’s prices, once more filed for bankruptcy protection, this time in America.In reality, things are rather different. Evidence is mounting that Dorian Satoshi Nakamoto, whom Newsweek identified as Bitcoin’s father, is not the relevant Satoshi.&nbsp;</p>\n<p>More importantly, Bitcoin’s best days may still be ahead of it--if not as a fully fledged currency (see next story), then as a platform for financial innovation. Much as the internet is a foundation for digital services, the technology behind Bitcoin could support a revolution in the way people own and pay for things. Geeks of all sorts are getting excited--including a growing number of venture capitalists, who know a new platform when they see one.To understand the enthusiasm in this modern currency, it helps to think about a very old one. Until the early 20th century the people on Yap, an island in the Pacific Ocean, used large stone disks (pictured) as money for big expenses, such as a daughter’s dowry.&nbsp;</p>\n<p>Being very heavy, they were rarely moved when spent. Instead, they simply changed owners. Every transaction became part of an oral history of ownership, which allowed islanders to know the proprietor of each stone and made it difficult to spend the same stone twice.Bitcoins also don’t move around when they are transferred. They are best understood as entries in a giant ledger, the \"blockchain\", which contains the transaction history for every Bitcoin in circulation.&nbsp;</p>\n<p>It is kept up to date with the help of cryptography and copious computing power, provided by a global network of tens of thousands of computers. Again, openness helps the system remain secure: the blockchain is public so every participant can check whether a transfer comes from the rightful owner.The EconomistThis set-up is the first workable solution to one of the more nagging problem of the digital realm: how to transfer something of value from one person to another without middlemen having to make sure that the item is not copied or, in the case of money, spent more than once? And Bitcoin does the trick while being open (unlike conventional payment mechanisms, which aim for security by shielding themselves from outsiders).&nbsp;</p>\n<p>This means that third parties can make use of Bitcoin’s features without having to ask anyone for permission--as is the case with the internet. Such \"permissionless innovation\", in the jargon, should in time result in a cornucopia of applications. Bitcoin’s technology could be used to transfer ownership both in other currencies and of any kind of financial asset. This, in turn, would allow the creation of decentralised exchanges which let asset holders trade directly. And money could be \"programmed\" to come with conditions: for instance, it might be released only if a third person agrees.Some want ownership of devices--a car, say--to be represented by a Bitcoin, or a tiny fraction of it. The car would work only when turned on with a key that includes the Bitcoin token.&nbsp;</p>\n<p>This would make managing ownership of and access to physical assets much easier: the token could be sold or rented out temporarily, enabling flexible peer-to-peer car-rental schemes. Such \"smart property\" would turn the blockchain into a global registry of ownership in physical assets.All that may sound like science fiction, but a growing number of startups are working on bringing such applications to market. Coloured Coins and Mastercoin will soon release software that enables trade in other financial assets, including stocks and bonds. The most ambitious project is Ethereum: it will launch a new blockchain, similar but unrelated to Bitcoin, with a programming language to encode financial instruments and other contracts.Although banks have mostly steered clear of Bitcoin as a currency, they too have started exploring how they could use the technology in other ways.&nbsp;</p>\n<p><br></p>\n<p>They are unlikely to move fast, but there are plenty of possibilities. Global banks could, for instance, use Bitcoin-like systems to move money between subsidiaries. They could even issue their own crypto-currencies.But turning Bitcoin into a platform comes with risks. Some geeks fret that the network will reach its maximum capacity of 300,000 transactions per day as new applications come online. Another worry is that as the blockchain, which has already trebled in size to 15 gigabytes over the past year (see chart), continues to grow, fewer of the network’s participants will store it.</p>\n<p>Yet if history is any guide, the blockchain will be fine. Two decades ago, when millions went online after the invention of the web browser, pundits predicted the internet’s collapse. Technical fixes repeatedly saved the day. And even if Bitcoin were to break down, another similar system would most likely take its place.</p>\n</html>",
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      "body": "\"Virgin Galactic is a bold entrepreneurial technology. It's driving a revolution and Bitcoin is doing just the same when it comes to inventing a new currency.\" - Sir Richard Branson",
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      "title": "A bitcoin miner in every device and in every hand",
      "body": "<html>\n<p><img src=\"http://static1.businessinsider.com/image/53270b77ecad04752fa6d9e1-480/bitcoin.jpg\" width=\"480\" height=\"360\"/></p>\n<p>21 is now officially open for business — and business development. After much hard work, we’ve created an embeddable mining chip which we call the BitShare that comes in a variety of form factors. The 21 BitShare can be embedded into an internet-connected device as a standalone chip or integrated into an existing chipset as a block of IP to generate a continuous stream of digital currency for use in a wide variety of applications. You can request a dev kit by signing up on our <a href=\"https://21.co/\">website</a> to get started.Some might ask why a device engineer would desire such a thing. Isn’t the purpose of bitcoin mining simply to get rich — or not, as the case may be? Well, at 21 we are less concerned with bitcoin as a financial instrument and more interested in bitcoin as a protocol — and particularly in the industrial uses of bitcoin enabled by embedded mining. These uses include:</p>\n<ul>\n  <li><strong>A new approach to micropayments.</strong> Historically, it has been difficult to get people to dig out their credit cards in order to purchase things online, particularly on mobile devices. The fixed cost of signup alone exceeds the benefit for the vast majority of sites. A continuously replenished stream of digital currency on your device generated by default from a 21 BitShare chip can change all that.</li>\n  <li><strong>Silicon-as-a-service.</strong> Because bitcoin mining is <a href=\"http://en.wikipedia.org/wiki/Embarrassingly_parallel\">embarrassingly parallel</a>, mining can scale down to one core or up to hundreds. We’ve used this observation to develop a single core version of our technology that can be integrated into an existing chip. This means any vendor can take a chip performing a normal function (say video decoding or networking), add 21’s BitShare technology, and thereby enable the chip to continuously generate revenue simply by being connected to power and internet. Because this technique can replace or augment traditional methods for silicon monetization (namely chip sales and IP licensing), it has the potential to revolutionize the way chips are built and sold.</li>\n  <li><strong>Decentralized device authentication.</strong> Many applications of bitcoin are not strictly monetary. Embedded mining means that any device can authenticate itself to the network by sending one Satoshi to a specified address. When used in combination with <a href=\"https://bitcoinmagazine.com/11108/multisig-future-bitcoin/\">multisig</a>, a 21 BitShare offers new paradigms for device authentication.</li>\n  <li><strong>Machine Twitter.</strong> The constant stream of Satoshis provided by a 21 embedded mining chip means that any device with an internet connection can now write to a globally readable, always accessible database — with obvious benefits for device coordination, ad-hoc networks, and the like. While the bitcoin blockchain itself is not designed for this particular use case, future <a href=\"http://www.blockstream.com/sidechains.pdf\">sidechains</a> that accept bitcoin may be.</li>\n  <li><strong>Devices that can pay for associated services.</strong> A wide variety of new internet-connected devices require an associated SAAS subscription to work. Rather than paying a number of different subscription bills, by including the right-sized 21 BitShare with the device one can under many scenarios wholly or partially defray the expense of the cloud service.</li>\n  <li><strong>Devices that can pay your channel partners.</strong> At the manufacturer’s discretion, the 21 BitShare chip can be configured to support a variety of different revenue shares for the mined bitcoin. For example, one could build an internet-connected device that shared some portion of mined bitcoin between the user, the retailer, the handset maker, and the carrier — thereby reducing costs and/or increasing margins throughout the entire supply chain. And because of the nature of mining as an embarrassingly parallel problem, embedded mining can scale up or down to fit within the power and thermal envelope of virtually any device.</li>\n  <li><strong>Bitcoin-subsidized devices for the developing world.</strong> 21 was built by immigrants, and using our technology to get more people around the world online is important to us. We believe the most significant long-term application of bitcoin may be reducing the upfront cost of internet-connected devices to make them more accessible for the developing world. The success of the iPhone was in nontrivial part due to the carrier subsidy; with embedded bitcoin mining we can in theory extend that model to any internet-enabled device, turning a lump sum upfront cost into a potentially more manageable cost of power over time.</li>\n</ul>\n<p>Conceptually, we believe that embedded mining will ultimately establish bitcoin as a fundamental system resource on par with CPU, bandwidth, hard drive space, and RAM. That is, one can imagine the ultimate thin client in which a system designer consciously chooses a relatively slow CPU but a relatively strong 21 mining chip, using the bitcoin generated therein to purchase computation in the cloud.Crucial to this is the idea that bitcoin generated by embedded mining is more convenient — and hence <em>more valuable</em> — than bitcoin bought at market price and manually moved over to the site of utility. As evidence for this, when a user writes a byte to their local hard drive, the spot price of external storage is not typically top-of-mind relative to the convenience of simply having a local hard drive. A more technical example is the <a href=\"http://www.extremetech.com/extreme/188776-how-l1-and-l2-cpu-caches-work-and-why-theyre-an-essential-part-of-modern-chips\">L2 cache</a>; it’s not just the price-per-byte of the cache that matters, but its speed and availability. We believe a similar calculus will obtain for the convenience of having a local source of constantly replenished bitcoin from a 21 BitShare, a kind of “<a href=\"http://www.tldp.org/LDP/Linux-Filesystem-Hierarchy/html/dev.html\">/dev/bitcoin</a>” for use in routine micropayments and device authentication applications.Ultimately, though, it is the community of electrical engineers and computer scientists that will judge whether embedded mining technology solves their problems. Towards that end, our team of PhDs in EE from MIT, Stanford, and CMU has built not just a chip, but a full technology stack around the chip — including reference devices, datasheets, a cloud backend, and software protocols. And we have already engaged with a wide variety of early access partners across the industry, from small startups to multibillion dollar hardware companies.In the weeks and months to come, we will be talking to many more. As part of this launch, I will be taking the role of CEO of 21 while Matthew Pauker will trade places and become Chairman. Alongside my co-founders Veerbhan Kheterpal, Daniel Firu, and Nigel Drego we will be focused on putting a bitcoin miner in every device and in every hand.To aid us in this effort we are fortunate to have some very influential investors. In addition to Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures and Khosla Ventures, we are pleased to announce that both Cisco and former ARM CSO Mark Templeton have also now become investors in 21. In addition, Ben Horowitz of Andreessen Horowitz has joined our board, and Larry Summers will become a strategic advisor to the company.In their own words, which the team and I will do our best to live up to:</p>\n<blockquote><em>“I am thrilled to join the board of 21, a true leader in the advance of the bitcoin technology and ecosystem. More than that, I could not be more excited to have Balaji Srinivasan step into the CEO role as he is both a genius technologist and a spiritual leader of the bitcoin movement.”</em></blockquote>\n<blockquote><em>— Ben Horowitz, General Partner and Cofounder, Andreessen Horowitz</em></blockquote>\n<blockquote><em>“We think 21’s technology has the potential to span across a wide variety of industries and look forward to working with Balaji and the team.”</em></blockquote>\n<blockquote><em>— Nagraj Kashyap, Senior Vice President, Qualcomm Ventures</em></blockquote>\n<blockquote><em>“Bitcoin could be the internet’s next great protocol. With the blockchain’s distributed ledger and micro-transaction capabilities, it has the potential to become an enabling technology that expands well beyond digital payments. We’re delighted to be an investor in 21 and to work closely with Balaji and Ben.”</em></blockquote>\n<blockquote><em>— Padmasree Warrior, Chief Technology &amp; Strategy Officer, Cisco</em></blockquote>\n<blockquote><em>“I’ve known the people behind 21 for some time now and have been fortunate enough to have invested in their prior efforts. What they are doing now could ultimately be as big as Artisan/ARM was for the semiconductor industry. I’m looking forward to working closely with Balaji, Veerbhan, and the team to make this happen.”</em></blockquote>\n<blockquote><em>— Mark Templeton, former CSO of ARM Holdings</em></blockquote>\n<blockquote><em>“Between Vinod Khosla’s experience with Sun and my background with Square and Paypal, we know a bit about chips and payments. We think 21 could transform both industries and we’re excited to have Balaji at the helm.”</em></blockquote>\n<blockquote><em>— Keith Rabois, Investment Partner, Khosla Ventures</em></blockquote>\n<blockquote><em>“We are excited to be 21's lead investor in China and look forward to working with them across the entire Asia Pacific region. We believe 21's embedded mining chip will play a vital role in the Internet of Things, and that it is likely to be the technology that will drive rapid adoption of bitcoin. We’re looking forward to a long relationship with Balaji, Ben, Andreessen Horowitz, and the entire 21 team.”</em></blockquote>\n<blockquote><em>— Clarissa Zhang, Partner, Yuan Capital</em></blockquote>\n<blockquote><em>“21's chip and architecture represent an important next step in securing the future of the public, synchronized global ledger that is the blockchain. We believe that massively distributed embedded mining is the bitcoin that Satoshi intended — decentralized and globally accessible. We’ve known the team since the inception of the company, and we are confident that they can achieve this goal!”</em></blockquote>\n<blockquote><em>— Jim Robinson IV, Co-Founder and Managing Partner, RRE Ventures</em></blockquote>\n<blockquote><em>“The 21 chip adds a whole new dimension to bitcoin’s potential utility. At first we will be struck by the presence of a technology like embedded mining; eventually we may be struck by its absence. I greatly enjoy working with Balaji and Ben and look forward to helping the company.”</em></blockquote>\n<blockquote><em>—</em> <em>Larry Summers, Former Treasury Secretary and President Emeritus of Harvard</em></blockquote>\n<p>If you are an electrical engineer, chip designer, hardware designer, or otherwise interested in what the 21 chip can do for you, please sign up on our <a href=\"https://www.21.co/\">website</a> to request a dev kit.</p>\n</html>",
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