BITCOIN HASHRATE HITS NEW RECORD WITH 50% GAIN IN AUGUST

Bitcoin hashrate records record gains in August 2018.  Good stuff. 

Evo con .... seriously

I get the need for startups to hire interns and pay lower wages.  I even get the need for them to delay payments. But blockchain has created some serious scams and brought out the con artists galore.  Or worse these people are just plain terrible to even think of working for ....

I mean what incentives would someone with real contacts and experience have here ?  They basically are doing what the founders should be doing.  Evochain scam. Seriously. 

Here is the post ....

------++++++;;;;;;;;;

Professional Fundraiser

EvoChain

Silicon Valley, CA

$90,000 - $160,000 a year

Commission

We are a private blockchain startup . We are looking to raise seed capital for our startup. We are in need of experienced fundraisers. The position starts out as commissions only, and works it self into a position of salary after you've proven your ability to secure investments. We are a rising company and are looking to hire immediately. Your job will be to fund raise a significant amount for our Company.

**Experience/education and investor contacts are a must.**

Contact us today and please provide your resume with cover letter.

This position REQUIRES a FINRA Series 7 securities license and US citizenship or authorization to work in the United States. This is a remote position that requires you to secure private placement investment into EvoChain Inc., for which you will be compensated a commission.

Job Type: Commission

Salary: $90,000.00 to $160,000.00 /year

Experience:

fundraising: 5 years (Preferred)

License:

FINRA Series 7 (Required)

Work authorization:

United States (Required)

---------

Amazon doesnt pay its bills

https://www.bloomberg.com/news/articles/2018-08-20/amazon-isn-t-paying-its-electric-bills-you-might-be

QTUM hackathon

https://hackathon.qtum.org/en

Pagarba will be participating in the QTUM  hackathon challenge building  payments, smart Contracts, DAPP , etc. 

Cardano testnet smart contracts

https://iohk.io/blog/cardano-smart-contracts-testnet-iele-launches/

Proof of ...what ?

Good breakdown between proof of work and proof of stake consensus.

https://medium.com/@jaybny/on-proof-of-skill-6af149f45ce8

Trustless blockchain or not ...

https://www.ccn.com/microsofts-new-ethereum-blockchain-product-gets-rid-of-mining/

I understand the use case and philosophy behind this, but similar to IBMs hyperledger fabric and others , what's the point ?  I'm sure the Google's and Amazon's and Alibaba's will have their own version of a enterprise lock you into their ecosystem blockchain as well. 

The biggest fallacy in this article is the "trusted enterprise network" comment. Who trusts Microsoft ?  Who trusts IBM?  Sounds like marketing and  slapping blockchain on a product/platform and convincing  the confused VPs and c-level executives this is the way to go. Then the Wipro's of the world will jump in with 25 year olds who have 20 years of blockchain experience and implement it.

And people will complain a couple years later and write medium articles  and O'Reilly stories and books on why blockchain fails most of the time.    We know this story.  It plays out the same way all the time now. 

Lightning Network explained ...

https://youtu.be/c4slzFdykpc

Good long video that goes into some details about the lightning Network.