Oct 152017
 

This is a sponsored post

Refereum transforms game marketing and engagement; advised by Twitch and Unity

October 23rd, 2017, San Francisco — Refereum, the San Francisco-based cryptocurrency company founded by game industry veterans, is revolutionizing the way video game marketing and engagement is conducted via the blockchain.

Traditionally, game companies spend exorbitant amounts of money on marketing channels that often prove inefficient. Meanwhile, Twitch and YouTube personalities produce content about video games that is now more popular than televised sports, but they have no way effective way to work directly with game developers at scale. The Refereum cryptocurrency uses blockchain technology to bypass traditional advertising companies and complex legislative and geopolitical restrictions, shifting over $100 billion in advertising revenue from corporations to distribute to individual game players.

By cutting the marketing middleman, Refereum directly rewards influencers and gamers for promoting and playing video games — something otherwise unattainable for most influencers.

Refereum is working with Twitch, the most prominent influencer gaming platform; Unity, the world’s most used game engine; and Ambisafe, which has secured cryptocurrency projects like Tether and Chronobank. Refereum is backed by a team with years of experience at top-tier game and tech companies such as Zynga and Google, with veteran analysts, developers, business development managers, and marketers leading the project.

On December 12th , Refereum will put 2,500,000,000 RFR utility tokens available for sale, at an initial rate of $0,01 per with early adoption discounts. The engineer of the Smart Contract managing the ERC20 tokens is none other than Oleksii Matiiasevych, the white hat hacker who saved millions in July’s multi-sig exploit. Interested buyers, game developers, and gamers can now subscribe to the Refereum.com newsletter for future news and announcements.

Learn more about Refereum at: https://Refereum.com

Read whitepaper at: https://Refereum.com/RefereumWhitepaper.pdf

Media Contact

Contact Name: Dylan Jones

Contact Email: team@refereum.com

Location: San Francisco, California

Oct 102017
 

This is a sponsored press release from ExHasta

ExHasta Catalyst is a decentralized innovation marketplace for high potential projects.

What is ExHasta?

ExHasta Catalyst is an intellectual property (IP) marketplace where the IP from Moonshot projects is developed and distributed at an extremely low cost. Currently, due to the high fixed costs associated with Moonshots, they are primarily the domain of mega corporations.The monetization and monopolization of IP taking place in mega corps like Google and Apple prevents innovators, entrepreneurs, and small and medium-sized enterprises (SMEs) to benefit from this IP. This slows the diffusion of breakthrough technology on a global scale. ExHasta can distribute otherwise unavailable IP to all innovators on the platform at an extremely low cost.

The process of IP distribution happens in four stages. Once the IP is developed there is a limited-quantity public auction of it. Eight months later, there is a low-cost unlimited-quantity public sale of the IP. All of the Moonshot project’s IP is made freely available 8 months after that. The small window of timed-exclusivity when the IP is auctioned at a higher premium is what enables ExHasta to distribute IP at such a low cost and eventually free.

Project Mercury, an ever-evolving AI-powered real-time public transit system, is an example of an ExHasta Moonshot. All of the designs, blueprints, source code, hardware specifications, contracts, management structures, and more would be available for purchase on ExHasta Catalyst. Entrepreneurs can buy all of the IP to create their own AI-powered public transit startup. Innovators can buy the AI algorithms and develop new solutions with the IP. SMEs can buy the AI algorithms and business models to make their products more future-resilient. Everyone can benefit from ExHasta Catalyst.

ExHasta Meridian is a one-month long innovator summit that provides applied training, workshops, guest lecturers, networking, and infrastructure assistance to attendees. Innovators can apply with CV or portfolio and are ranked by the ExHasta community through a series of blind and public elimination stages. Reviewers receive a reward in the form of a portion of the application fee in the form of EXH tokens when they review the applicant that advances to the following stage. The top 20 ranked applicants attend the next Meridian summit with all expenses covered.

If this has sparked your interest, then you need to definitely check out the ExHasta whitepaper.

About the Token Sale

The EXH token is the sole medium of exchange on ExHasta. The token can only be purchased with ETH during the Pre – Sale and ICO. The price of an EXH token will be fixed on the 1st day of the pre-sale based on the ETH equivalent of $1 USD as listed on the exchange with the largest volume in USD/ETH on that day.

The presale will start on October 19, 2017 at 19:00 UTC and end on October 26, 2017 at 19:00 UTC.

The token crowdsale will start on October 27, 2017 at 19:00 UTC and end on November 24, 2017 at 19:00 UTC.

There is no limit on the amount of tokens that can be purchased per person. The EXH token can be bought either on www.ExHasta.com or by sending ETH to the smart contract address that will be provided on www.ExHasta.com

Want to become a part of ExHasta? Stock up on ETH and join the Pre – Sale to take advantage of the 30% discount!

 

Oct 092017
 

This is a sponsored press release. 

Delray Beach, Florida: Publica is building a new ecommerce platform for the publishing ecosystem using the Ethereum blockchain and smart contracts.

According to latest information from Publica the date of presale is extended and will last to 31.10.2017. Crowdsale will start on 01.11.2017 and will last through 01.12.2017. The decision to change crowdsale dates was made in light of the announcements of two upcoming Bitcoin forks. Publica’s CEO Josef Marc commented: “We understand that today might not be the best day for many people to trade their Bitcoin or Ether. We’re happy we can accommodate our community needs.”

Marc Kenigsberg, founder of BitcoinChaser, also announced his role as Publica’s advisor. “Blockchain will go down in history as one of the most disruptive technologies of all time,” said Kenigsberg. “Publica’s vision to unite it with printing and the internet, two of humanity’s most disruptive inventions, is brilliant and perfectly timed for this revolution in human history. The Publica platform is going to enable a lot of positive change for many people around the world.”

Publica’s ereader apps, for all common platforms, will do double-duty as digital wallets to make their adoption easy and transparent for the public. The platform is designed to bring the blockchain revolution to how books are funded, made, publicized, discovered, bought, and read.

Publica will work with Ethereum, standards bodies, and other authorities to extend the blockchain into publishing. Publica will also support blockchains in the long tail of publishing derivatives such as movie scripts, games, merchandise, audio books, and periodicals, with the requisite legal frameworks.

Publica’s CEO Josef Marc said “The publishing ecosystem is really a global economy of ecommerce unto itself. Book projects are like startups. They can start small and they can grow into sustainable businesses. Entrepreneurial business models and ideas will become the new norm.”

The Ethereum blockchain plays three roles on the platform, supporting READ, RIGHTS, and PBL tokens. When a book is funded, whether by crowd pre-sales or institutions or by any other means, Publica will write the terms in smart contracts called Book ICO’s. READ tokens are one of the two keys in a public-key / private-key decryption system for reading a book’s digital editions.

When a book’s contents are extended to derivative rights, Publica will write their terms in smart contracts called RIGHTS ICO’s. “We’ll do our best to help the blockchains get ready for RIGHTS tokens,” said Publica’s CTO Yuri Pimenov.

Publica will issue one billion tokens called PBL, or Pebbles, in an October ICO. According to Marc, “The publishing economy needs its own digital money because it’s a very long-tail business. Book projects and their contracts outlive people, as do copyrights. Project funds don’t need daily exchanges with local fiat currencies. They’re ‘work money’ with long-running balances. The gig economy and sharing economy are global and they should come into the publishing economy. No local currency should pose a barrier to entry.”

Pebbles will be invisible to the general public. Coin and token exchanges make it simple to present ecommerce in any denomination. Pebbles will be the medium of exchange within the platform’s smart contracts for goods and services. “Publishing’s ecommerce needs mega payments, micropayments, and every size in between. Pebbles are better suited for it than BTC, ETH, READ and RIGHTS tokens, or dollars for that matter,” said Publica’s COO Antons Sapriko.

Publica’s development team is Scandiweb. Their Ethereum ICO experience includes projects with Element Group. As a leading Magento developer, their ecommerce experience includes Walmart, The New York Times, Land Rover, Jaguar and many other leading names.

Team Leadership

Josef Marc, CEO leads the Publica team. He has helped for many multimillion companies to reach healthy success – his first technology job was in a startup that was acquired by Sony to form its broadcast systems integration company in what the media calls an acquihire today. Antons Sapirko, COO is responsible for operational management in Publica. His experience leading Scandiweb from a local agency to becoming the largest ecommerce services provider on the Magento platform will help Publica take care of business. Yuri Pimenov, CTO is a longtime contributor to the blockchain community with his blog and his Russian translation of the seminal book “Mastering Blockchain” by Andreas Antonopoulos. Before Publica, he was the CTO of a leading Bitcoin exchange.

Sep 292017
 

This is a sponsored post by HydroMiner

A new day, a new initial coin offering. But this time one that looks very prospective: HydroMiner.org; mining in the Austrian Alps! They are already listed on various ICO lists. So let us begin:

What is HydroMiner?

HydroMiner is a crypto currency mining company using green energy drawn from hydro power stations in the Alpine region of Europe. Hydropower is generally thought to be one of the most effective and lowest-cost renewable energy resources. It is environmentally friendly, carbon-neutral and natural. Hydro power allows them to manage resources sustainably and enables low-emission production.

Not only is hydro power mining ecologically friendly, but it is also profitable.

What is the current status?

The mining roots of the Damblon sisters go back to 2015, when they built their first rig. Since then they have managed to scale the operation by renting out two hydro power plants and connecting more than 1000 GPUs in sea fright containers.

Why an ICO?

This initial coin offering is about scaling the mining operation by acquiring more hydro-power-plants and thus enabling eco-friendly mining and profits for investors.

So the token created out of the ICO will be used to generate a % for the token holders. On the same time the HydroMiner team will get a 10% of this profit. For this to be fair, the team behind HydroMiner will be:

  • Ordering Equipment
  • Assembling hardware
  • Maintaining and renewing the hardware
  • Identifying and leasing new hydro power stations

H2O Tokens

Token Price
Normal (none discounted Price): 0.01 ETH

Presale
Start: Monday, September 25, 2017 at 10:00 UTC
How Long: 1 week.
Minimum participation: $10.000
Discount for the Pre-Sale: 25%
Token Cap: 500.000 H2O Tokens (1.500 ETH)

Their Initial Coin Offering (ICO)
Start: Tuesday, October 3, 2017 at 10:00 UTC
How Long: 5 weeks
Minimum participation: 1 Token
Discount for the ICO: From 20% to 0%

  • Week one: 20%
  • Week two: 15%
  • Week three: 10%
  • Week four: 5%
  • Week five: 0%
    Token Cap: 25.500.000 H2O

Timeline

To get posted upon news, subscribe on their form over at their website https://www.hydrominer.org/token-sale/

Sep 272017
 

This is a sponsored post by Polymerium

Manufacturer of motor oils POLYMERIUM announces the start of pre-sale of tokens (Pre-ICO)
Before the launch of ICO, the main selling of tokens, the manufacturer of motor oils POLYMERIUM announces about the sale of tokens with a discount of 60%.

The goal of the project is the construction of new factories in Russia and China, as well as the scaling of mini-factories in the franchise program around the world (more than 30 factories per year). In addition to the construction of factories, POLYMERIUM company develops a counterfeit / control system based on the technology of blocking, which is called ARMPACK.

The system of protection from counterfeit ARMPACK is a network of decentralized servers storing the encrypted codes that are assigned to each released product. For example, each POLYMERIUM engine oil canister has the security code and if you enter this code on our company’s website you will sure that the product is original. Code is stored in the block chain, and cannot be changed by anyone. When the code tested all information about the IP address, the date of entry and about the product is stored in the block. The ARMPACK System will significantly reduce the sale of counterfeits and it will be in demand by manufacturers around the world. The ARMPACK system can be used for software and video/audio content protection. Each code in the ARMPACK system is 1 token which can be used in the future for promotions and discount programs from manufacturers and as payment for products or to get a discount. Received codes (tokens) can be exchanged or sold. The monetization system will be consist of licenses payments from companies which want to use our system. This market is estimated at $ 1 billion.

Despite of the fact that many different ICOs are being conducted now, the POLYMERIUM project is favorably distinguished by the presence of a successful factory, brand, and the company itself is already making a profit and has a turnover of more than $ 300,000 per month.

The POLYMERIUM token is supported by industrial production and manufactured products (motor and other oils). Also, the POLYMERIUM token will be provided by real estate objects.

According to experts, the POLYMERIUM token will grow many times during the year, due to the scaling of factories around the world, implementation of the ARMPACK system and the connection to it of other companies, as well as the direction of the company’s profit to support the token. Every month the company will direct 40-60% of the profit to support the token. The holders of the POLYMERIUM tokens will be assured of the reliability of the investments.

A total of 100,000,000 POLYMERIUM tokens have been issued. Each token has a cost of $ 1, during the pre-sale period, the POLYMERIUM token can be bought at a 60% discount. Pre-sale has already begun; you can buy tokens at http://plmico.com

The ICO start is appointed for November 1, 2017.

The team of POLYMERIUM has already proved its efficiency. From 2011 to 2014, more than 150 franchises were realized of the Mobile Wash Company (a car wash service without water) all over the world.
The upcoming ICO will be one of the first, where the already active producer of demanded products conducts the release of tokens.
You can find out more:
ICO Website: http://plmico.com
Twitter https://twitter.com/plmico
FB https://www.facebook.com/plmico/
Join the discussion in telegrams https://t.me/plm_chat
E-mail address info@plmico.com
Website of the brand POLYMERIUM http://polymerium.ru

Sep 262017
 

This is a sponsored press release by MicroMoney

Lending Services Provider MicroMoney to raise $30Mln through a Token Distribution Campaign in October, helping bring 2 Bln unbanked into The New Crypto-Economy

Singapore – September 18, 2017 – MicroMoney, the lending services provider using blockchain technology to bank the world’s unbanked, announces today their token distribution campaign set to launch on 18 October, 2017. The visionary company has extensive plans to transform the economy in emerging markets.

According to World Bank, 2 billion people around the world are still unbanked and unserved. Unable to build credit, they lack access to basic financial services like personal loans and SME loans. This is a critical problem affecting local economies, especially in emerging countries like the Philippines, Thailand or Myanmar.

MicroMoney offers a solution: it helps people to build their first credit history on the blockchain. It uses new technologies and Big Data to determine a person’s creditworthiness via an innovative scoring system based on neural networks and A.I. algorithms.

“We are proud of the fact that we can help people who have no access to the classical but outdated centralized economy of banks” says Anton Dzyatkovsky (https://www.linkedin.com/in/anton-dziatkovskii-47012a95/), co-founder of MicroMoney.

The company wants to lead the way towards to eliminating poverty with mobile and internet availability, along with financial inclusion. The founding team has a clear vision and set of goals following the token distribution campaign. Setting the sale hard-cap to $30 Mln, it plans to truly revolutionize the current economy situation in emerging countries around the world including Asia, Africa and South-America regions.

Anton Dzyatkovsky, co-founder of MicroMoney, is also the lending director of Everex https://www.everex.io/ – a blockchain company with similar goals. Everex has already raised 25M USD. With more than 15 years experience in the fintech industry and an extended understanding of the Asian market, Anton worked in Singapore and Thailand. He is fully aware of what could be improved in those countries and believes strongly in changing the lending industry.

TOKEN SALE

AMM Token price is locked to $1 dollar per AMM Token. A maximum quantity of 60,000,000 will be issued and all the unsold tokens will be destroyed after Token distribution campaign. Purchases will be possible on https://micromoney.io/

The token distribution will start on October 18, 2017. Pre-sale has already started on September 15, 2017 with a 43% bonus on all purchases during this period.  Early contributors will get bonuses as high as 25% bonus on day one.

MicroMoney for the people, Big Data for Businesses

The platform is already functioning in 5 countries and has helped a lot a people with a lack resources. It has a large amount of feedback with gratitude. Data don’t lie, indeed, 73% of customers are returned customers for whom the platform opened brand new possibilities. 9 out of 10 customers got the first loan of their life! (https://medium.com/@micromoney.io/about-micro-money-c03c5ec36f7f)

It is important to note that behind its easy process lays a complex and sophisticated type of technology: neural scoring. Gathering more than 10 000 data parameters from a person’s phone, algorithms can determine the creditworthiness of a person in a record-time of 15 sec. Smart contracts are now being developed to secure transactions within the platform.

Undeniably, with MicroMoney’s innovative Big Data & Credit History Bureau built on blockchain, thousands of local businesses will get access to millions of new customers.

“We’re developing a whole new ecosystem to power the New World of the Global Crypto Economy.” said Anton Dzyatkovsky.

Now, MicroMoney plans to expand to China, Hong Kong and by the end of 2020, the company aims to cover India, Africa and South America.

About MicroMoney

Founded in 2015, MicroMoney International is a global fintech company offering financial services for the unbanked in the emerging markets, and access to the unbanked audience for banks, trade, and financial organizations. MicroMoney is a fast-growing company with $1.86 million paid-in capital and over 85 employees.

MicroMoney makes lending decisions using a proprietary, based on A.I. algorithms and neural networks mobile scoring system as opposed to collateral or paper documentation. MicroMoney collects customers’ opt-in mobile phone data to assess potential borrowers’ score rate and to share the data with financial institutions worldwide.

 

Learn more about MicroMoney at – https://micromoney.io/

Read the whitepaper here: https://micromoney.io/MicroMoney_whitepaper_ENG.pdf

Follow on Twitter at – @micromoneyio

Follow on Facebook at – @micromoneymyanmar

Join the discussion on Telegram – https://t.me/micromoneyico

Media Contact

Contact Name: Olga Rusakova

Contact Email: orusakova@micromoney.io

Company: MicroMoney

Sep 262017
 

This is a sponsored press release from ESR Wallet

Bitcoin Press Release: ESR Wallet, a popular e-Wallet platform has announced the launch of its crowdsale campaign, starting September 25, 2017.

September 16, 2017, San Francisco, USA – ESR Wallet, an e-Wallet company, currently operating with fiat currencies announces its token pre-sale, starting September 25! The project aims to create universal payment and credit service that will support all currencies, digital and fiat alike.

Storing money digitally has been possible for a while now with applications such as PayPal or Venmo, but there are still a lot of limitations in today’s platforms. Some of the limitation we see occur when sending abroad or in another currency there is always a hidden fee here or there, delays when transferring to another account, and no easy cash-back options are just some obstacles these digital money platforms face today. The problem is even more evident when it comes to cryptocurrency support.

Even though several e-Money startups are operating with both fiat and cryptocurrencies, none of them offer a full range of banking services.

We notice that unlike others the ESR Wallet payment provider is already a Licensed Issuer of electronic money, regulated by the Gibraltar Financial Services Commission.

ESR WALLET

The ESR is an e-wallet technology that allows everyday people to easily store, transfer, spend, and invest into cryptocurrencies.

The startup answers the primary needs of its future users by:

Starting with the mission to enable users to spend cryptocurrencies wherever cards are accepted – both online and in-store, the platform will supply physical cards, just like VISA or MasterCard available. Soon after, customers will be able to exchange their cryptocurrencies to 8 major currencies! All while enjoying the ability to use the ESR prepaid card in over 120 countries. Other features include the instant exchange of money between wallet users – through the app. The platform will offer all this at the lowest possible transparent fee.

ESR Wallet founded by SERGEY SLASTIKHIN, former co-owner of Paytoo, an e-Money company that has been working in the USA since 2005. He joins forces with talents such as Oleg Gerasimov, Arkady Khokhlov, and Vitalii Kirillov –founders of the IT company Fast and Shine featured on Forbes’ Top TOP-25 of the best franchises. The company implements IT solutions in the service sector.

ESR Wallet takes it even further… At the last and most exciting phase, the platform will allow users the possibility of using cryptocurrency based credit cards, cash back features, and the ability to open an investment portfolio managed by an experienced trader.  The last phase — Trust Management fund, will be fully in place by August 2018.

Token Sale

ESR token is released on the basis of an e-Token contract. The platform has set the maximum number of tokens at 10,000,000 and all the unsold tokens are burnt after the crowdsale. You can participate in the token pre-sale on http://esrwallet.io/ via the Orderbook widget starting on September 25th

Each ESR Token equals 10 dollars, and the minimum investment is set at 1 ESR Token. Every investor who has bought more than 10 ESR token during Pre-ICO and ICO period will receive a free of charge personalized multi-currency prepaid card. The ESR tokens are available at a 50% discount during the Pre-ICO period.

Payment Procedure

According to the Charter,

“at the end of each quarter 30 percent of profits from the payment and credit service, ESR Wallet is transferred to specialized wallets, after which BTC, BCH, ETH, ZEC, DASH, LTC will be distributed among ESR token-holders as per the terms and conditions of the smart contract. Profit gained in USD and EUR will be converted at ESR Wallet market price as of the date of distribution of dividends in ETH and transferred to the relevant wallet.”

About ESR Wallet

ESR Wallet is developing a platform that will transform the cryptocurrency industry and create financial incentives for its users.

ESR’s mission is to develop a universal wallet with a full range of banking services and  20% per annum rate for deposits in any cryptocurrency.  With cryptocurrency becoming a bigger part of the economy at a faster pace than expected, it is one’s first concern to be able to manage and spend them, just like USD, EUR, and other currencies.  Technology and finance are more than ever intrinsically linked and we won’t be able to move forward in the cryptoworld without platforms such as ESR Wallet.

ESR is advised by the brilliant ANDREY ZAMOVSKIY, founder of Ambisafe, who has been involved in the cryptocurrency development since its early beginning and OLEKSII MATIIASEVYCH, who helped to save $1.4 Mln worth of Ether during the Parity Ethereum wallet attack.

Learn more about ESR Wallet at –  https://esrwallet.io/en/

Follow on Twitter at – https://twitter.com/ESR_WALLET

Follow on Facebook at – https://www.facebook.com/ESRwallet

Join the discussion on Telegram – https://t.me/ESRWALLET

Media Contact

Contact Name: Alex Korn

Contact Email: info@esrwallet.com

Location: San Francisco, USA

 

 

 

Aug 312017
 

This is a sponsored post by HydroMiner

A new day, a new initial coin offering. But this time one that looks very prospective: HydroMiner.org; mining in the Austrian Alps! They are already listed on various ICO lists. So let us begin:

What is HydroMiner?

HydroMiner is a crypto currency mining company using green energy drawn from hydro power stations in the Alpine region of Europe. Hydropower is generally thought to be one of the most effective and lowest-cost renewable energy resources. It is environmentally friendly, carbon-neutral and natural. Hydro power allows them to manage resources sustainably and enables low-emission production.

Not only is hydro power mining ecologically friendly, but it is also profitable.
Expected ROI = 8 months.

What is the current status?

The mining roots of the Damblon sisters go back to 2015, when they built their first rig. Since then they have managed to scale the operation by renting out two hydro power plants and connecting more than 1000 GPUs in sea fright containers.

Why an ICO?

This initial coin offering is about scaling the mining operation by acquiring more hydro-power-plants and thus enabling eco-friendly mining and profits for investors.

So the token created out of the ICO will be used to generate a % for the token holders. On the same time the HydroMiner team will get a 10% of this profit. For this to be fair, the team behind HydroMiner will be:

  • Ordering Equipment
  • Assembling hardware
  • Maintaining and renewing the hardware
  • Identifying and leasing new hydro power stations

H2O Tokens

Token Price
Normal (none discounted Price): 0.01 ETH

Presale
Start: Monday, September 25, 2017 at 10:00 UTC
How Long: 1 week.
Minimum participation: $10.000
Discount for the Pre-Sale: 25%
Token Cap: 500.000 H2O Tokens (1.500 ETH)

Their Initial Coin Offering (ICO)
Start: Tuesday, October 3, 2017 at 10:00 UTC
How Long: 5 weeks
Minimum participation: 1 Token
Discount for the ICO: From 20% to 0%

  • Week one: 20%
  • Week two: 15%
  • Week three: 10%
  • Week four: 5%
  • Week five: 0%
    Token Cap: 25.500.000 H2O

Timeline

To get posted upon news, subscribe on their form over at their website https://www.hydrominer.org/token-sale/

Jul 272017
 

This is a sponsored post

Normally when you hear about transaction fees, you associate them with a large national bank or banking conglomerate that attaches arbitrary fees to transactions for no real discernable reason. Bitcoin is not centralized to any one government, therefore it skates by without transactions fees being applied by the merchants and business that allow cryptocurrency transactions, such as online retail sites, travel agencies and gambling sites that accept Ethereum and bitcoin. These e-commerce markets trade goods and services for crypto and charge no fees in the transaction. The only fees that are common with Bitcoin and other digital currencies are a result of how the currency is mined and recorded into the blockchain.

First, I need to explain a little bit about how bitcoins are mined for us to really understand where these transaction fees come from. Each bitcoin transaction comes with a transaction fee that is both processed and received by the miner. The miners themselves utilize powerful computers built specifically for mining bitcoin. These computers are what makes up the network. They make the decisions on what transactions to add into the blockchain and in what order they will be included. They make those decisions based on several factors and one of the most significant ones is how big the mining fee is.

The miners themselves go through the effort of mining bitcoin because it promises financial reward. Every time a new block of transactions is recorded and included into the blockchain, the miner that was responsible for it collects a bounty in the form of new bitcoins. This is how each bitcoin is created. The miners then keep the fees and are incentivized to comprise their blocks with transactions that have higher fees. You can see the fees that have been paid out by the difference in the inputs and outputs of your transaction details. The larger the transaction, the larger the fee that should be associated with it.

Typically, it’s the sender who pays the fee and they can choose to pay as little or as much as they would like.  The bitcoin miners never have to accept and mine a transaction just because it is out there so the fees turn into a way to incentivize the miners to include these transactions into their block. This then turns into a decision for the miner that’s made based off of the time it would take to mine the block and the amount a miner would receive in fees for doing so. Larger transactions require more time to mine and are sometimes not worth the work if they have less than the recommended fees associated with them. Some people may pay a higher than average transaction fee in order to see their transactions on the block in a shorter amount of time.

Dec 192014
 

Cause and effect diagram was designed by Japanese Kaouru Ishikawa in 1986 and is known by different names: fishbone diagram or Ishikawa diagram. Through its configuration, the diagram allows highlighting and prioritizing the causes that generate a certain effect. The pattern was developed in order to determine and divide the main causes of a given problem. It is recommended to use it when there is only one problem and the possible causes may be ranked.

A cause and effect diagram has two parts:

  • A part of the effect
  • A part of the causes

Effects
The effect is an issue, a feature or a quality condition and represents the head of the fish. The effects are defined by characteristics or employment issues, costs, the quantity of production, delivery, job security, and much more. The effects are embodied in the evolution of the parameters that characterize the analyzed process.

Causes
Potential causes and sub-causes outline the bone structure of the fish. The causes are the factors that determine the effects, the occurrence of a given situation. The main factors are materials, machines, methods, workers and the environment. Thus, the diagram illustrates, in an accurate manner, the relationship between a certain identified effect and its potential causes. The causes may be different depending on the specifically analyzed asset.

The dispersion characteristics of a product, for example, can be determined by the existence of causes such as defects in raw materials used, differences in tuning cars that are processed, faulty workmanship, methods of organizing execution, and the environment in which it operates. All these cases, known as the “5 M’s” are arranged by category and graphically visualized the form of skeleton fish.

The 5 M’s are:

  • Materials
  • Means
  • Methods
  • Machines
  • Main workforce

The diagram classifies the diversified causes that are believed to affect the results of activities by marking with arrows the cause-effect relationship between them. The branches of the diagram are arrows showing the relationship between effect and causative factors.In practice, if it finds the existence of a cause which affects the product parameters, the diagram must be identified precisely and then proposals are made of how it can be eliminated. To issue the proposals is most often organized a brainstorming session in which cause and effect diagram serves as a visual aid, stimulating the creativity of the participants.How to build a cause and effect essay outline?

The first step is the presentation of the problem. It is achieved through the precise definition of products, processes or events under study and the final characteristics of their effects. The effect is considered to result from activities, such as:

  • Delivery of work – stock levels, mode of dispatch
  • Quality control of work – refusals, accuracy, measurements, and many others
  • Exposure of the main possible causes

To do this, draw up a list of all the possible causes that determine the variation in the fixed characteristics. The causes are usually classified into the aforementioned “5 M’s” or the “5 bad things”: defects, errors, delays, losses, and accidents.Obviously, there may be other causes, depending on the question studied. To identify the causes you must use an appropriate method, for example, brainstorming.

Photo Credit: jcbwalsh