KYC stands for Know Your Customer or Client. It's the way businesses go about verifying the identity of a customer/client and to mitigate possible risks, such as illegal/fraudulent activity. It's fairly controversial when it comes to cryptocurrency, where some form of KYC would actually be warranted,... (more)

According to its website, it certainly can. Sounds like a chip is specifically made to handle the demands of scalability and security. Until it's tried, I don't know how we'll know for sure, but using a form of distributed ledger technology to secure and decentralize... (more)

The specific term 'hodl" purportedly happened in December of 2013 on the Bitcoin Forum message board, where a user misspelled holding. Like a lot of things on the internet, people liked the mistake and started using it instead of the correct spelling. It appears that the... (more)

According the website, Github is a development platform. A lot of open source projects are there, and developers go and work on the different projects. It's been a way for a lot of these projects to move forward without major expense (though I imagine there... (more)

I can't speak to why anyone chooses to use 'bot services', but typically what I've read in post or comments, the reasons break down more or less along these lines: PROMOTION People spend STEEM/SBD to get an upvote sufficient to put them at or near the top... (more)

We all have some kind of a belief system. We can choose to believe something or not. What we shouldn't do, is try to impose our beliefs on others. When any organization (church, government, school, etc.) attempts to make its members, citizens, students believe certain... (more)

I think in the West, and particularly in the United States, it's not so much a matter of laziness, as it's not so incorporated into the work day. My hunch is, if people have any kind of lunch break, that there are plenty of people... (more)

I don't know if it matters much anymore—in the United States at least, there's a lot of blending of the two major parties going on in the center, so only the fringes on either side look all that different. However, those are the folks that... (more)

According to steemd.com, it looks like your RCs will be back to fully charged (if you wait and don't do anything else) in 20 hours. You're sitting at just under 83% of use at this point. However, as the amount of RCs you have go up,... (more)

I would imagine that in some cases, having a transparent public ledger would cause some businesses to pause, but in reality, it might actually prove useful, especially when it comes to taxes and showing earnings and expenditures. Businesses who might want to hide certain things... (more)