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PetroDollar (P$) Community

The PetroDollar (P$): Bringing the gold standard back to the world's oil industry.
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Syscoin Platform’s Great Reddit Scaling Bake-off Proposal

Syscoin Platform’s Great Reddit Scaling Bake-off Proposal

https://preview.redd.it/rqt2dldyg8e51.jpg?width=1044&format=pjpg&auto=webp&s=777ae9d4fbbb54c3540682b72700fc4ba3de0a44
We are excited to participate and present Syscoin Platform's ideal characteristics and capabilities towards a well-rounded Reddit Community Points solution!
Our scaling solution for Reddit Community Points involves 2-way peg interoperability with Ethereum. This will provide a scalable token layer built specifically for speed and high volumes of simple value transfers at a very low cost, while providing sovereign ownership and onchain finality.
Token transfers scale by taking advantage of a globally sorting mempool that provides for probabilistically secure assumptions of “as good as settled”. The opportunity here for token receivers is to have an app-layer interactivity on the speed/security tradeoff (99.9999% assurance within 10 seconds). We call this Z-DAG, and it achieves high-throughput across a mesh network topology presently composed of about 2,000 geographically dispersed full-nodes. Similar to Bitcoin, however, these nodes are incentivized to run full-nodes for the benefit of network security, through a bonded validator scheme. These nodes do not participate in the consensus of transactions or block validation any differently than other nodes and therefore do not degrade the security model of Bitcoin’s validate first then trust, across every node. Each token transfer settles on-chain. The protocol follows Bitcoin core policies so it has adequate code coverage and protocol hardening to be qualified as production quality software. It shares a significant portion of Bitcoin’s own hashpower through merged-mining.
This platform as a whole can serve token microtransactions, larger settlements, and store-of-value in an ideal fashion, providing probabilistic scalability whilst remaining decentralized according to Bitcoin design. It is accessible to ERC-20 via a permissionless and trust-minimized bridge that works in both directions. The bridge and token platform are currently available on the Syscoin mainnet. This has been gaining recent attention for use by loyalty point programs and stablecoins such as Binance USD.

Solutions

Syscoin Foundation identified a few paths for Reddit to leverage this infrastructure, each with trade-offs. The first provides the most cost-savings and scaling benefits at some sacrifice of token autonomy. The second offers more preservation of autonomy with a more narrow scope of cost savings than the first option, but savings even so. The third introduces more complexity than the previous two yet provides the most overall benefits. We consider the third as most viable as it enables Reddit to benefit even while retaining existing smart contract functionality. We will focus on the third option, and include the first two for good measure.
  1. Distribution, burns and user-to-user transfers of Reddit Points are entirely carried out on the Syscoin network. This full-on approach to utilizing the Syscoin network provides the most scalability and transaction cost benefits of these scenarios. The tradeoff here is distribution and subscription handling likely migrating away from smart contracts into the application layer.
  2. The Reddit Community Points ecosystem can continue to use existing smart contracts as they are used today on the Ethereum mainchain. Users migrate a portion of their tokens to Syscoin, the scaling network, to gain much lower fees, scalability, and a proven base layer, without sacrificing sovereign ownership. They would use Syscoin for user-to-user transfers. Tips redeemable in ten seconds or less, a high-throughput relay network, and onchain settlement at a block target of 60 seconds.
  3. Integration between Matic Network and Syscoin Platform - similar to Syscoin’s current integration with Ethereum - will provide Reddit Community Points with EVM scalability (including the Memberships ERC777 operator) on the Matic side, and performant simple value transfers, robust decentralized security, and sovereign store-of-value on the Syscoin side. It’s “the best of both worlds”. The trade-off is more complex interoperability.

Syscoin + Matic Integration

Matic and Blockchain Foundry Inc, the public company formed by the founders of Syscoin, recently entered a partnership for joint research and business development initiatives. This is ideal for all parties as Matic Network and Syscoin Platform provide complementary utility. Syscoin offers characteristics for sovereign ownership and security based on Bitcoin’s time-tested model, and shares a significant portion of Bitcoin’s own hashpower. Syscoin’s focus is on secure and scalable simple value transfers, trust-minimized interoperability, and opt-in regulatory compliance for tokenized assets rather than scalability for smart contract execution. On the other hand, Matic Network can provide scalable EVM for smart contract execution. Reddit Community Points can benefit from both.
Syscoin + Matic integration is actively being explored by both teams, as it is helpful to Reddit, Ethereum, and the industry as a whole.

Proving Performance & Cost Savings

Our POC focuses on 100,000 on-chain settlements of token transfers on the Syscoin Core blockchain. Transfers and burns perform equally with Syscoin. For POCs related to smart contracts (subscriptions, etc), refer to the Matic Network proposal.
On-chain settlement of 100k transactions was accomplished within roughly twelve minutes, well-exceeding Reddit’s expectation of five days. This was performed using six full-nodes operating on compute-optimized AWS c4.2xlarge instances which were geographically distributed (Virginia, London, Sao Paulo Brazil, Oregon, Singapore, Germany). A higher quantity of settlements could be reached within the same time-frame with more broadcasting nodes involved, or using hosts with more resources for faster execution of the process.
Addresses used: 100,014
The demonstration was executed using this tool. The results can be seen in the following blocks:
612722: https://sys1.bcfn.ca/block/6d47796d043bb4c508d29123e6ae81b051f5e0aaef849f253c8f3a6942a022ce
612723: https://sys1.bcfn.ca/block/8e2077f743461b90f80b4bef502f564933a8e04de97972901f3d65cfadcf1faf
612724: https://sys1.bcfn.ca/block/205436d25b1b499fce44c29567c5c807beaca915b83cc9f3c35b0d76dbb11f6e
612725: https://sys1.bcfn.ca/block/776d1b1a0f90f655a6bbdf559ff5072459cbdc5682d7615ff4b78c00babdc237
612726: https://sys1.bcfn.ca/block/de4df0994253742a1ac8ac9eec8d2a8c8b0a6d72c53d6f3caa29bb6c171b0a6b
612727: https://sys1.bcfn.ca/block/e5e167c52a9decb313fbaadf49a5e34cb490f8084f642a850385476d4ef10d70
612728: https://sys1.bcfn.ca/block/ab64d989edc71890e7b5b8491c20e9a27520dc45a5f7c776d3dae79057f59fe7
612729: https://sys1.bcfn.ca/block/5e8b7ecd0e36f99d07e4ea6e135fc952bf7ec30164ab6f4d1e98b0f2d405df6d
612730: https://sys1.bcfn.ca/block/d395df3d31dde60bbb0bece6bd5b358297da878f0beb96be389e5f0e043580a3
It is important to note that this POC is not focused on Z-DAG. The performance of Z-DAG has been benchmarked within realistic network conditions: Whiteblock’s audit is publicly available. Network latency tests showed an average TPS around 15k with burst capacity up to 61k. Zero-latency control group exhibited ~150k TPS. Mainnet testing of the Z-DAG network is achievable and will require further coordination and additional resources.
Even further optimizations are expected in the upcoming Syscoin Core release which will implement a UTXO model for our token layer bringing further efficiency as well as open the door to additional scaling technology currently under research by our team and academic partners. At present our token layer is account-based, similar to Ethereum. Opt-in compliance structures will also be introduced soon which will offer some positive performance characteristics as well. It makes the most sense to implement these optimizations before performing another benchmark for Z-DAG, especially on the mainnet considering the resources required to stress-test this network.

Cost Savings

Total cost for these 100k transactions: $0.63 USD
See the live fee comparison for savings estimation between transactions on Ethereum and Syscoin. Below is a snapshot at time of writing:
ETH price: $318.55 ETH gas price: 55.00 Gwei ($0.37)
Syscoin price: $0.11
Snapshot of live fee comparison chart
Z-DAG provides a more efficient fee-market. A typical Z-DAG transaction costs 0.0000582 SYS. Tokens can be safely redeemed/re-spent within seconds or allowed to settle on-chain beforehand. The costs should remain about this low for microtransactions.
Syscoin will achieve further reduction of fees and even greater scalability with offchain payment channels for assets, with Z-DAG as a resilience fallback. New payment channel technology is one of the topics under research by the Syscoin development team with our academic partners at TU Delft. In line with the calculation in the Lightning Networks white paper, payment channels using assets with Syscoin Core will bring theoretical capacity for each person on Earth (7.8 billion) to have five on-chain transactions per year, per person, without requiring anyone to enter a fee market (aka “wait for a block”). This exceeds the minimum LN expectation of two transactions per person, per year; one to exist on-chain and one to settle aggregated value.

Tools, Infrastructure & Documentation

Syscoin Bridge

Mainnet Demonstration of Syscoin Bridge with the Basic Attention Token ERC-20
A two-way blockchain interoperability system that uses Simple Payment Verification to enable:
  • Any Standard ERC-20 token to be moved from Ethereum to the Syscoin blockchain as a Syscoin Platform Token (SPT), and back to Ethereum
  • Any SPT to be moved from Syscoin to the Ethereum blockchain as an ERC-20 token, and back to Syscoin

Benefits

  • Permissionless
  • No counterparties involved
  • No trading mechanisms involved
  • No third-party liquidity providers required
  • Cross-chain Fractional Supply - 2-way peg - Token supply maintained globally
  • ERC-20s gain vastly improved transactionality with the Syscoin Token Platform, along with the security of bitcoin-core-compliant PoW.
  • SPTs gain access to all the tooling, applications and capabilities of Ethereum for ERC-20, including smart contracts.
https://preview.redd.it/l8t2m8ldh8e51.png?width=1180&format=png&auto=webp&s=b0a955a0181746dc79aff718bd0bf607d3c3aa23
https://preview.redd.it/26htnxzfh8e51.png?width=1180&format=png&auto=webp&s=d0383d3c2ee836c9f60b57eca35542e9545f741d

Source code

https://github.com/syscoin/?q=sysethereum
Main Subprojects

API

Tools to simplify using Syscoin Bridge as a service with dapps and wallets will be released some time after implementation of Syscoin Core 4.2. These will be based upon the same processes which are automated in the current live Sysethereum Dapp that is functioning with the Syscoin mainnet.

Documentation

Syscoin Bridge & How it Works (description and process flow)
Superblock Validation Battles
HOWTO: Provision the Bridge for your ERC-20
HOWTO: Setup an Agent
Developer & User Diligence

Trade-off

The Syscoin Ethereum Bridge is secured by Agent nodes participating in a decentralized and incentivized model that involves roles of Superblock challengers and submitters. This model is open to participation. The benefits here are trust-minimization, permissionless-ness, and potentially less legal/regulatory red-tape than interop mechanisms that involve liquidity providers and/or trading mechanisms.
The trade-off is that due to the decentralized nature there are cross-chain settlement times of one hour to cross from Ethereum to Syscoin, and three hours to cross from Syscoin to Ethereum. We are exploring ways to reduce this time while maintaining decentralization via zkp. Even so, an “instant bridge” experience could be provided by means of a third-party liquidity mechanism. That option exists but is not required for bridge functionality today. Typically bridges are used with batch value, not with high frequencies of smaller values, and generally it is advantageous to keep some value on both chains for maximum availability of utility. Even so, the cross-chain settlement time is good to mention here.

Cost

Ethereum -> Syscoin: Matic or Ethereum transaction fee for bridge contract interaction, negligible Syscoin transaction fee for minting tokens
Syscoin -> Ethereum: Negligible Syscoin transaction fee for burning tokens, 0.01% transaction fee paid to Bridge Agent in the form of the ERC-20, Matic or Ethereum transaction fee for contract interaction.

Z-DAG

Zero-Confirmation Directed Acyclic Graph is an instant settlement protocol that is used as a complementary system to proof-of-work (PoW) in the confirmation of Syscoin service transactions. In essence, a Z-DAG is simply a directed acyclic graph (DAG) where validating nodes verify the sequential ordering of transactions that are received in their memory pools. Z-DAG is used by the validating nodes across the network to ensure that there is absolute consensus on the ordering of transactions and no balances are overflowed (no double-spends).

Benefits

  • Unique fee-market that is more efficient for microtransaction redemption and settlement
  • Uses decentralized means to enable tokens with value transfer scalability that is comparable or exceeds that of credit card networks
  • Provides high throughput and secure fulfillment even if blocks are full
  • Probabilistic and interactive
  • 99.9999% security assurance within 10 seconds
  • Can serve payment channels as a resilience fallback that is faster and lower-cost than falling-back directly to a blockchain
  • Each Z-DAG transaction also settles onchain through Syscoin Core at 60-second block target using SHA-256 Proof of Work consensus
https://preview.redd.it/pgbx84jih8e51.png?width=1614&format=png&auto=webp&s=5f631d42a33dc698365eb8dd184b6d442def6640

Source code

https://github.com/syscoin/syscoin

API

Syscoin-js provides tooling for all Syscoin Core RPCs including interactivity with Z-DAG.

Documentation

Z-DAG White Paper
Useful read: An in-depth Z-DAG discussion between Syscoin Core developer Jag Sidhu and Brave Software Research Engineer Gonçalo Pestana

Trade-off

Z-DAG enables the ideal speed/security tradeoff to be determined per use-case in the application layer. It minimizes the sacrifice required to accept and redeem fast transfers/payments while providing more-than-ample security for microtransactions. This is supported on the premise that a Reddit user receiving points does need security yet generally doesn’t want nor need to wait for the same level of security as a nation-state settling an international trade debt. In any case, each Z-DAG transaction settles onchain at a block target of 60 seconds.

Syscoin Specs

Syscoin 3.0 White Paper
(4.0 white paper is pending. For improved scalability and less blockchain bloat, some features of v3 no longer exist in current v4: Specifically Marketplace Offers, Aliases, Escrow, Certificates, Pruning, Encrypted Messaging)
  • 16MB block bandwidth per minute assuming segwit witness carrying transactions, and transactions ~200 bytes on average
  • SHA256 merge mined with Bitcoin
  • UTXO asset layer, with base Syscoin layer sharing identical security policies as Bitcoin Core
  • Z-DAG on asset layer, bridge to Ethereum on asset layer
  • On-chain scaling with prospect of enabling enterprise grade reliable trustless payment processing with on/offchain hybrid solution
  • Focus only on Simple Value Transfers. MVP of blockchain consensus footprint is balances and ownership of them. Everything else can reduce data availability in exchange for scale (Ethereum 2.0 model). We leave that to other designs, we focus on transfers.
  • Future integrations of MAST/Taproot to get more complex value transfers without trading off trustlessness or decentralization.
  • Zero-knowledge Proofs are a cryptographic new frontier. We are dabbling here to generalize the concept of bridging and also verify the state of a chain efficiently. We also apply it in our Digital Identity projects at Blockchain Foundry (a publicly traded company which develops Syscoin softwares for clients). We are also looking to integrate privacy preserving payment channels for off-chain payments through zkSNARK hub & spoke design which does not suffer from the HTLC attack vectors evident on LN. Much of the issues plaguing Lightning Network can be resolved using a zkSNARK design whilst also providing the ability to do a multi-asset payment channel system. Currently we found a showstopper attack (American Call Option) on LN if we were to use multiple-assets. This would not exist in a system such as this.

Wallets

Web3 and mobile wallets are under active development by Blockchain Foundry Inc as WebAssembly applications and expected for release not long after mainnet deployment of Syscoin Core 4.2. Both of these will be multi-coin wallets that support Syscoin, SPTs, Ethereum, and ERC-20 tokens. The Web3 wallet will provide functionality similar to Metamask.
Syscoin Platform and tokens are already integrated with Blockbook. Custom hardware wallet support currently exists via ElectrumSys. First-class HW wallet integration through apps such as Ledger Live will exist after 4.2.
Current supported wallets
Syscoin Spark Desktop
Syscoin-Qt

Explorers

Mainnet: https://sys1.bcfn.ca (Blockbook)
Testnet: https://explorer-testnet.blockchainfoundry.co

Thank you for close consideration of our proposal. We look forward to feedback, and to working with the Reddit community to implement an ideal solution using Syscoin Platform!

submitted by sidhujag to ethereum [link] [comments]

Bitcoin.com and Roger Ver has already announced a $200 million USD development fund for the BCH community. This IFP proposal is coercive, reminiscent of terrible things that derailed BTC, wildly unpopular, and is clearly not about the money.

The title says it for the most part. So in 6 months, this IFP was to initially raise $6million USD at 12.5% taxation, also known as theft.
So now we are at 5% on the modified, yet still coercively taxed (theft is a synonym of tax), highly controversial, poorly dictated, easily exploitable by flip-flopping SHA-256 bad actors towards BCH, which would yield...what? ~$2.75 million USD over 6 months to fund, as the IFP proposes to the least able, most inefficient, arbitrarily and nepotistically selected "whitelisted" of developers? Who exactly dictates this whitelist, and what are their credentials? Some anonymous corporation in Hong Kong? I've got nothing against Hong Kong, and a lot of respect for their population in their ongoing struggle against Beijing, but is this really how we spread the message of p2p cash for the human race?
Bitcoin Cash is true to the Bitcoin white paper and needs very little more "dev" work after Cash Fusion is consumer ready. It only needs adoption. It is consumer-ready.
Roger and company and Bitcoin.com are bringing $200 million to the table in the near future for dev's to contact them, pitch the plan, and be accepted for funding or not, which is not quite 100 times greater, without coercion, completely benign, and avoiding potential hard forks.
This is how free markets work. Not tyranny of the slight majority leading to inefficiency, divergence, and failure, but individuals acting in the interest of others, because that is in their personal, highest self interest.
This IFP is a disaster any way you look at it.
submitted by bolognapony234 to btc [link] [comments]

Climate Change is real, but its manufactured. Weather is the new battlefield

(GlobalIntelHub.com New York, NY) — 2/12/2020 — The US Military has become an entity with a mind of it’s own; despite efforts to curtail it’s expansion by activists and politicians, it continues to grow. Years ago a small problem arose that posed an existential threat to the system, the enemies were all defeated. The real hero of the Cold War is Richard Nixon, and his mentor Henry Kissinger, who created a financial system whereby the US Dollar was backed by bombs only, which allowed the USD to expand its balance sheet with no accountability. This ultimately allowed the US to outspend the Soviets and other enemies into oblivion, and the strategy finally worked. With the elimination of real enemies, the strategy planners inside the DOD knew they needed to create more enemies, and thus the ‘terrorist’ was born. Now that terrorists have been defeated to the point of irrelevancy, we need new and modern enemies to fight.
Enter where we are now, an age of weaponized weather and biowarfare, cyberwar and other forms of information war. Let’s first discuss Bioweapons, and how it pertains to Coronavirus. The US Military has been spending billions on Bioweapons (both offensive and defensive) for the last 20 years. We’re not going to quote numbers as part of the budget is likely part of the ‘black budget’ but some estimates have it as high as $100 Billion over a period of 20 years. There are thousands of scientists working on various forms of biowarfare. So the question remains, if they are spending all this money, what are they doing with it?
For those who understand the US Government budget policy in general, there is a ‘use it or lose it’ ethos which means if you don’t buy new computers every year your budget will be cut. If you don’t spend allocated funds they will be cut. So they spend them to the max, often some of the funds go towards ‘justification research’ to justify, perhaps in front of Congress or in a public report, why the spending is ‘vital to national security.’
But with Coronavirus spreading around Asia, a more deadly and more disruptive force is being overlooked: Weather modification. Climate Change is real but it’s not due to factors that are commonly believed (factories, traffic, cow farts). Climate Change is the scapegoat for what’s really going on: Weather Wars, weather modification, terraforming, and manipulation of the entire planet on a biological and chemical level. As you will see, this is intertwined with Coronavirus in ways you wouldn’t at first imagine.
If you believe in fairy tales including what’s on TV, you can stop reading now as this will only damage your brain and may cause you to seek medical help. WARNING: PARENTAL DISCRETION ADVISED
The US Military spends billions on R&D development through front end organizations like Darpa, InQTel, Navy Research (ONR), just to name a few. You may be surprised to learn that they not only develop technologies, but also patent them, sell them at a profit, and even participate in Venture Capital. Inside Silicon Valley there has been a program since World War 2 that drip-leaks next generation technology to Silicon Valley after it no longer has Military use (or when it’s no longer a strategic advantage, such as the internet). One of the most well known operations is the Parc labs, currently owned by Xerox.
Technologies leaked to corporate America include the microprocessor, kevlar, lasers, fiber optics, the ‘mouse’ GUI system for personal computers, and many more.
The 90’s was a success not because of Bill Clinton, it was because of a number of global geopolitical factors such as the falling of the Soviet Union, and the deregulation of the internet and proliferation for civilian use.
Let’s look at some notable patents held by the US Military apparatus. The NSA has patented thousands of encryption technologies, but the most ironic patent held is SHA 256 encryption algorithm, the technology that is behind Bitcoin.
Or perhaps it’s not so ironic, perhaps the NSA was funding Bitcoin as a surveillance mechanism all along, as it has recently been revealed the CIA owned one of the world’s most well known encrypted communications services based in Switzerland, Crypto AG.
What other interesting patents are held by the US Military? To the point of this article, 20100072297 is a “Method for Controlling Hurricanes.” You can see a long list of weather related patents held by the USG at the end of this article. But if you want evidence of weather manipulation, just look up in the sky.
If you believe this is ‘contrails’ from a plane, here’s an explanation from an expert:
For the record, all US military jet air tankers and all commercial jet carriers are equipped with “Hi Bypass Turbofan” jet engines which are by design nearly incapable of producing condensation trails except under rare and extreme conditions. The trails we increasingly see in our skies are the result of sprayed dispersions related to climate engineering, not condensation.
https://globalintelhub.com/climate-change-real-manufactured-weather-battlefield/
submitted by preiposwap to conspiracy [link] [comments]

Uniex.biz Review: 3%-7% daily for lifetime

Uniex.biz is an HYIP project which provides long term deposit plans. It has been online since 25th Jul 2019, and admin changed website template and investment plans three days ago. So what you see now is a completely new version. When this new version was online three days ago, admin began to promote it with more money on hyip monitors and blogs. Now let's see the details of it.
Started: 2019-07-25
Investment Plans
You have a chance to earn 3%-7% daily for lifetime, and principal is included. The minimum amount to buy power is 300 GH/s for SHA-256 algorithm, 20 MH/s for Scrypt algorithm and 3 MH/s for Ethash algorithm. Of course, the more power you buy, the more daily profit you will receive.
The minimum amount that you can transfer to your balance is set to be 0.001 BTC, 0.015 BCH, 0.03 ETH, 0.5 ETC, 0.1 LTC, 1500 Doge or 5 USD. Please keep in mind that if you send an amount that is less than the specified value, the transfer will not be credited to the balance. So be sure to reach the minimum amount. When replenish work is done, you can choose to "BUY THE POWER".
Referral Commissions(7%-1%)
Each mining power purchased by your direct partner (level 1 referral) will bring you 7% of its purchase amount. In addition, your tier 2 partners bring another 1% of each purchase. All rewards will be credited to the balance in the currency that was used for the purchase.
If you join under my link, then welcome to submit RCB request at the top of my website, I will give 7% of your deposits back to your wallet as soon as I receive the money.
Payment Options
Uniex.biz accepts Bitcoin, BitcoinCash, Ethereum, Eth Classic, Litecoin, Dogecoin, PerfectMoney and Payeer. You can use all of them to replenish account balance. In order to withdraw profits in USD, Uniex.biz implemented the function of exchanging the obtained cryptocurrency for USD. Enter the "Balance" section in your personal account and select the “Exchange” tab to exchange obtained currency for USD. Please note that the amount you can exchange must be equivalent to 0.10 USD or more. Exchange commission is 8%.
Withdrawal Type
Uniex has set a minimum withdrawal amount to be 0.001 BTC, 0.015 BCH, 0.03 ETH, 0.5 ETC, 0.1 LTC, 2000 Doge or 2.5 USD. Each user who invested in Uniex can order a withdrawal of profits as soon as the minimum amount reaches on his balance; The time for consideration of requests is up to 48 hours.
More Information
Uniex.biz now supports 12 languages, so you can choose the one which is suitable for you. For more news about it, you can follow their social media at the bottom of website, including Telegram, Twitter and Youtube.
Register: https://uniex.biz/?ref=YpvAG7
Read More: https://www.hyiper.net/blog/154.html
submitted by vipinvestor1988 to u/vipinvestor1988 [link] [comments]

Litecoin Support Phone Number +1-888-780-0222 *%)()@#

Litecoin Support Phone Number +1-888-780-0222
Litecoin is created by Charlie Lee, an ex-Google employee, to had the vision to create something which is lighter and cheaper than Bitcoin, hence the name. On October 7, 2011, Litecoin was released by an open-source client on GitHub. Litecoin is formed from Bitcoin, with similar features and characteristics. So, it is the fork of the Bitcoin. Litecoin is an improved version of Bitcoin will lesser brand awareness.
Litecoin is one of the most under-valued and grounded cryptocurrencies in the world, being in existence for seven years since 2011. Litecoin is more accessible to the people than Bitcoin, hence known as “silver” of crypto world and Bitcoin referred to as “gold” of the crypto world.
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities.
Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Some of the differences between Litecoin and Bitcoin are:
Is Litecoin a Good Investment?
Choosing which cryptocurrency to invest in can be a headache, especially as the markets change so quickly. One of the most successful coins of 2017 was Litecoin, which increased its value by more than 5000% in just 12 months.
Litecoin was originally created in 2011 after it forked an updated version of the Bitcoin client. This is why it’s sometimes called Bitcoin-Lite! Don’t worry, this will all be explained!
In this complete guide, we will tell you everything you need to know about Litecoin. This will begin with some background information on what Litecoin is, and whether we think it is a good or bad investment. We are also going to show you how to buy Litecoin, and which wallet you should store it in.
submitted by tecjpo65 to u/tecjpo65 [link] [comments]

Litecoin Support Phone Number +1-888-780-0222 *&^@#

Litecoin Support Phone Number +1-888-780-0222
Litecoin is created by Charlie Lee, an ex-Google employee, to had the vision to create something which is lighter and cheaper than Bitcoin, hence the name. On October 7, 2011, Litecoin was released by an open-source client on GitHub. Litecoin is formed from Bitcoin, with similar features and characteristics. So, it is the fork of the Bitcoin. Litecoin is an improved version of Bitcoin will lesser brand awareness.
Litecoin is one of the most under-valued and grounded cryptocurrencies in the world, being in existence for seven years since 2011. Litecoin is more accessible to the people than Bitcoin, hence known as “silver” of crypto world and Bitcoin referred to as “gold” of the crypto world.
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities.
Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Some of the differences between Litecoin and Bitcoin are:
Is Litecoin a Good Investment?
Choosing which cryptocurrency to invest in can be a headache, especially as the markets change so quickly. One of the most successful coins of 2017 was Litecoin, which increased its value by more than 5000% in just 12 months.
Litecoin was originally created in 2011 after it forked an updated version of the Bitcoin client. This is why it’s sometimes called Bitcoin-Lite! Don’t worry, this will all be explained!
In this complete guide, we will tell you everything you need to know about Litecoin. This will begin with some background information on what Litecoin is, and whether we think it is a good or bad investment. We are also going to show you how to buy Litecoin, and which wallet you should store it in.
submitted by Acco54 to u/Acco54 [link] [comments]

Litecoin Support Phone Number +1-888-780-0222 *%[email protected]#

Litecoin Support Phone Number +1-888-780-0222
Litecoin is created by Charlie Lee, an ex-Google employee, to had the vision to create something which is lighter and cheaper than Bitcoin, hence the name. On October 7, 2011, Litecoin was released by an open-source client on GitHub. Litecoin is formed from Bitcoin, with similar features and characteristics. So, it is the fork of the Bitcoin. Litecoin is an improved version of Bitcoin will lesser brand awareness.
Litecoin is one of the most under-valued and grounded cryptocurrencies in the world, being in existence for seven years since 2011. Litecoin is more accessible to the people than Bitcoin, hence known as “silver” of crypto world and Bitcoin referred to as “gold” of the crypto world.
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities.
Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Some of the differences between Litecoin and Bitcoin are:
Is Litecoin a Good Investment?
Choosing which cryptocurrency to invest in can be a headache, especially as the markets change so quickly. One of the most successful coins of 2017 was Litecoin, which increased its value by more than 5000% in just 12 months.
Litecoin was originally created in 2011 after it forked an updated version of the Bitcoin client. This is why it’s sometimes called Bitcoin-Lite! Don’t worry, this will all be explained!
In this complete guide, we will tell you everything you need to know about Litecoin. This will begin with some background information on what Litecoin is, and whether we think it is a good or bad investment. We are also going to show you how to buy Litecoin, and which wallet you should store it in.
submitted by hjs654 to u/hjs654 [link] [comments]

Litecoin Support Phone Number +1-888-780-0222 *&)(J#

Litecoin Support Phone Number +1-888-780-0222
Litecoin is created by Charlie Lee, an ex-Google employee, to had the vision to create something which is lighter and cheaper than Bitcoin, hence the name. On October 7, 2011, Litecoin was released by an open-source client on GitHub. Litecoin is formed from Bitcoin, with similar features and characteristics. So, it is the fork of the Bitcoin. Litecoin is an improved version of Bitcoin will lesser brand awareness.
Litecoin is one of the most under-valued and grounded cryptocurrencies in the world, being in existence for seven years since 2011. Litecoin is more accessible to the people than Bitcoin, hence known as “silver” of crypto world and Bitcoin referred to as “gold” of the crypto world.
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities.
Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Some of the differences between Litecoin and Bitcoin are:
Is Litecoin a Good Investment?
Choosing which cryptocurrency to invest in can be a headache, especially as the markets change so quickly. One of the most successful coins of 2017 was Litecoin, which increased its value by more than 5000% in just 12 months.
Litecoin was originally created in 2011 after it forked an updated version of the Bitcoin client. This is why it’s sometimes called Bitcoin-Lite! Don’t worry, this will all be explained!
In this complete guide, we will tell you everything you need to know about Litecoin. This will begin with some background information on what Litecoin is, and whether we think it is a good or bad investment. We are also going to show you how to buy Litecoin, and which wallet you should store it in.
submitted by farjk5486 to u/farjk5486 [link] [comments]

Litecoin Support Phone Number +1-888-780-0222 *&)6^%

Litecoin Support Phone Number +1-888-780-0222
Litecoin is created by Charlie Lee, an ex-Google employee, to had the vision to create something which is lighter and cheaper than Bitcoin, hence the name. On October 7, 2011, Litecoin was released by an open-source client on GitHub. Litecoin is formed from Bitcoin, with similar features and characteristics. So, it is the fork of the Bitcoin. Litecoin is an improved version of Bitcoin will lesser brand awareness.
Litecoin is one of the most under-valued and grounded cryptocurrencies in the world, being in existence for seven years since 2011. Litecoin is more accessible to the people than Bitcoin, hence known as “silver” of crypto world and Bitcoin referred to as “gold” of the crypto world.
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities.
Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Some of the differences between Litecoin and Bitcoin are:
Is Litecoin a Good Investment?
Choosing which cryptocurrency to invest in can be a headache, especially as the markets change so quickly. One of the most successful coins of 2017 was Litecoin, which increased its value by more than 5000% in just 12 months.
Litecoin was originally created in 2011 after it forked an updated version of the Bitcoin client. This is why it’s sometimes called Bitcoin-Lite! Don’t worry, this will all be explained!
In this complete guide, we will tell you everything you need to know about Litecoin. This will begin with some background information on what Litecoin is, and whether we think it is a good or bad investment. We are also going to show you how to buy Litecoin, and which wallet you should store it in.
submitted by pit274 to u/pit274 [link] [comments]

With the pretty awesome rise of almost all crypto currencies, it's time to restart our machines and mine the most profitable coin today 30.01.2020!!!

So let's talk about the GPUs to start with, the ranking has radically changed and even those that were running at a loss have become profitable again The top 10 chart:
1.NVIDIA GeForce RTX 2080 Ti 4.60 Mh/s 220W $1.35 $0.55 Zcoin(XZC) MTP Algo
2.NVIDIA GeForce RTX 2080 4.00 Mh/s 190W $1.17 $0.48 Zcoin(XZC) MTP
3.AMD Radeon VII 78.00 Mh/s 230W $1.22 $0.39 EthereumClassic(ETC) Ethash Algo
4.NVIDIA GeForce GTX 1080 Ti 3.60 Mh/s 190W $1.05 $0.37 Zcoin(XZC) MTP
5.AMD Radeon RX 5700 XT 51.50 Mh/s 140W $0.81 $0.30 EthereumClassic(ETC) Ethash
6.NVIDIA GeForce RTX 2060 2.60 Mh/s 130W $0.76 $0.29 Zcoin(XZC)MTP
7.NVIDIA GeForce RTX 2070 2.80 Mh/s 150W $0.82 $0.28 Zcoin(XZC) MTP
8.NVIDIA GeForce GTX 1080 2.80 Mh/s 150W $0.82 $0.28 Zcoin(XZC) MTP
9.NVIDIA GeForce GTX 1070 Ti 2.50 Mh/s 130W $0.73 $0.26 Zcoin(XZC) MTP
10.NVIDIA GeForce GTX 1660 Ti 2.00 Mh/s 100W $0.59 $0.22 Zcoin(XZC)
Now let's go to the asic Top 10:
  1. Innosilicon A10 ETHMaster 500.00 Mh/s 750W Ethash $5.13 EthereumClassic(ETC) Ethash
  2. Bitmain Antminer Z11 135.00 kh/s 1418W Equihash $3.45 Pirate(ARRR)
  3. BlackMiner F1+ 22.00 Gh/s 860W Eaglesong $3.23 Nervos(CKB) FPGAminer
4.Bitmain Antminer B7 96.00 kh/s 528W Tensority $1.87
5.Bitmain Antminer S17+ 73.00 Th/s 2920W SHA-256 $1.67 BitcoinSV(BSV)
6.StrongU STU-U6 420.00 Gh/s 2100W X11 $1.52 Dash(DASH)
  1. Bitmain Antminer S17 Pro 56 Th/s 2212W SHA-256 $1.46 BitcoinSV(BSV)
  2. Bitmain Antminer S17 59.00 Th/s 2385W SHA-256 $1.34 BitcoinSV(BSV)
  3. Innosilicon A9 ZMaster 50.00 kh/s 620W Equihash $1.08 Pirate(ARRR)
  4. FusionSilicon X7 262.00 Gh/s 1300W X11 $1.03 Dash(DASH)
Dont forget you can find around new Firmware for example for Z9/Z11 Efudd Firmware,and Hive OS firmwares which can Overclock S9/S15/S17 or Underclock (if your electriciy fee are too expensive), for example my S17 Pro I switched to new firmware (Hive OS) to 36Th/s with 900 Watts power gives me a 2.90 usd/day profit without electricity of course, for Z11 Overclocking without changing PSU from 135 to 150-160Ko/sol.
I calculated everything on the basis of 0.15 cens Kw / h.
Brand New Miner coming out:
ASICminer Zeon Turbo 400,000 Sol/s Equihash
Most Profitable Miner in the World. ASICminer Daily Revenue: $27 $16 (less 0.15 Kw/h fee) ASICminer Power Consumption: 2500W
asicminer dot co/shop (Factory)
submitted by pushingworld77 to BitcoinMining [link] [comments]

Litecoin Support Phone Number +1-888-780-0222 *$)(@#

Litecoin Support Phone Number +1-888-780-0222


Litecoin is created by Charlie Lee, an ex-Google employee, to had the vision to create something which is lighter and cheaper than Bitcoin, hence the name. On October 7, 2011, Litecoin was released by an open-source client on GitHub. Litecoin is formed from Bitcoin, with similar features and characteristics. So, it is the fork of the Bitcoin. Litecoin is an improved version of Bitcoin will lesser brand awareness.
Litecoin is one of the most under-valued and grounded cryptocurrencies in the world, being in existence for seven years since 2011. Litecoin is more accessible to the people than Bitcoin, hence known as “silver” of crypto world and Bitcoin referred to as “gold” of the crypto world.
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities.
Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Some of the differences between Litecoin and Bitcoin are:
Is Litecoin a Good Investment?
Choosing which cryptocurrency to invest in can be a headache, especially as the markets change so quickly. One of the most successful coins of 2017 was Litecoin, which increased its value by more than 5000% in just 12 months.
Litecoin was originally created in 2011 after it forked an updated version of the Bitcoin client. This is why it’s sometimes called Bitcoin-Lite! Don’t worry, this will all be explained!
In this complete guide, we will tell you everything you need to know about Litecoin. This will begin with some background information on what Litecoin is, and whether we think it is a good or bad investment. We are also going to show you how to buy Litecoin, and which wallet you should store it
submitted by litecpjnhd5 to u/litecpjnhd5 [link] [comments]

Litecoin Support Phone Number +1-888-780-0222 *$)(@#

Litecoin Support Phone Number +1-888-780-0222
Litecoin is created by Charlie Lee, an ex-Google employee, to had the vision to create something which is lighter and cheaper than Bitcoin, hence the name. On October 7, 2011, Litecoin was released by an open-source client on GitHub. Litecoin is formed from Bitcoin, with similar features and characteristics. So, it is the fork of the Bitcoin. Litecoin is an improved version of Bitcoin will lesser brand awareness.
Litecoin is one of the most under-valued and grounded cryptocurrencies in the world, being in existence for seven years since 2011. Litecoin is more accessible to the people than Bitcoin, hence known as “silver” of crypto world and Bitcoin referred to as “gold” of the crypto world.
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities.
Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Some of the differences between Litecoin and Bitcoin are:
Is Litecoin a Good Investment?
Choosing which cryptocurrency to invest in can be a headache, especially as the markets change so quickly. One of the most successful coins of 2017 was Litecoin, which increased its value by more than 5000% in just 12 months.
Litecoin was originally created in 2011 after it forked an updated version of the Bitcoin client. This is why it’s sometimes called Bitcoin-Lite! Don’t worry, this will all be explained!
In this complete guide, we will tell you everything you need to know about Litecoin. This will begin with some background information on what Litecoin is, and whether we think it is a good or bad investment. We are also going to show you how to buy Litecoin, and which wallet you should store it
submitted by litecoins54 to u/litecoins54 [link] [comments]

Litecoin Support Phone Number +1-888-780-0222 *$(([email protected]#

Litecoin Support Phone Number +1-888-780-0222
Litecoin Support Phone Number +1-888-780-0222
Litecoin is created by Charlie Lee, an ex-Google employee, to had the vision to create something which is lighter and cheaper than Bitcoin, hence the name. On October 7, 2011, Litecoin was released by an open-source client on GitHub. Litecoin is formed from Bitcoin, with similar features and characteristics. So, it is the fork of the Bitcoin. Litecoin is an improved version of Bitcoin will lesser brand awareness.
Litecoin is one of the most under-valued and grounded cryptocurrencies in the world, being in existence for seven years since 2011. Litecoin is more accessible to the people than Bitcoin, hence known as “silver” of crypto world and Bitcoin referred to as “gold” of the crypto world.
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities.
Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Some of the differences between Litecoin and Bitcoin are:
Is Litecoin a Good Investment?
Choosing which cryptocurrency to invest in can be a headache, especially as the markets change so quickly. One of the most successful coins of 2017 was Litecoin, which increased its value by more than 5000% in just 12 months.
Litecoin was originally created in 2011 after it forked an updated version of the Bitcoin client. This is why it’s sometimes called Bitcoin-Lite! Don’t worry, this will all be explained!
In this complete guide, we will tell you everything you need to know about Litecoin. This will begin with some background information on what Litecoin is, and whether we think it is a good or bad investment. We are also going to show you how to buy Litecoin, and which wallet you should store it in.
submitted by litecopinsa41 to u/litecopinsa41 [link] [comments]

Litecoin Support Phone Number +1-888-780-0222 &g%[email protected]#

Litecoin Support Phone Number +1-888-780-0222
Litecoin is created by Charlie Lee, an ex-Google employee, to had the vision to create something which is lighter and cheaper than Bitcoin, hence the name. On October 7, 2011, Litecoin was released by an open-source client on GitHub. Litecoin is formed from Bitcoin, with similar features and characteristics. So, it is the fork of the Bitcoin. Litecoin is an improved version of Bitcoin will lesser brand awareness.
Litecoin is one of the most under-valued and grounded cryptocurrencies in the world, being in existence for seven years since 2011. Litecoin is more accessible to the people than Bitcoin, hence known as “silver” of crypto world and Bitcoin referred to as “gold” of the crypto world.
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities.
Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Some of the differences between Litecoin and Bitcoin are:

Is Litecoin a Good Investment?

Choosing which cryptocurrency to invest in can be a headache, especially as the markets change so quickly. One of the most successful coins of 2017 was Litecoin, which increased its value by more than 5000% in just 12 months.
Litecoin was originally created in 2011 after it forked an updated version of the Bitcoin client. This is why it’s sometimes called Bitcoin-Lite! Don’t worry, this will all be explained!
In this complete guide, we will tell you everything you need to know about Litecoin. This will begin with some background information on what Litecoin is, and whether we think it is a good or bad investment. We are also going to show you how to buy Litecoin, and which wallet you should store it in.
submitted by litecoinsa54 to u/litecoinsa54 [link] [comments]

Looking back 18 months.

I was going through old emails today and came across this one I sent out to family on January 4, 2018. It was a reflection on the 2017 crypto bull market and where I saw it heading, as well as some general advice on crypto, investment, and being safe about how you handle yourself in cryptoland.
I feel that we are on the cusp of a new bull market right now, so I thought that I would put this out for at least a few people to see *before* the next bull run, not after. While the details have changed, I don't see a thing in this email that I fundamentally wouldn't say again, although I'd also probably insist that people get a Yubikey and use that for all 2FA where it is supported.
Happy reading, and sorry for some of the formatting weirdness -- I cleaned it up pretty well from the original email formatting, but I love lists and indents and Reddit has limitations... :-/
Also, don't laught at my token picks from January 2018! It was a long time ago and (luckliy) I took my own advice about moving a bunch into USD shortly after I sent this. I didn't hit the top, and I came back in too early in the summer of 2018, but I got lucky in many respects.
----------------------------------------------------------------------- Jan-4, 2018
Hey all!
I woke up this morning to ETH at a solid $1000 and decided to put some thoughts together on what I think crypto has done and what I think it will do. *******, if you could share this to your kids I’d appreciate it -- I don’t have e-mail addresses, and it’s a bit unwieldy for FB Messenger… Hopefully they’ll at least find it thought-provoking. If not, they can use it as further evidence that I’m a nutjob. 😉
Some history before I head into the future.
I first mined some BTC in 2011 or 2012 (Can’t remember exactly, but it was around the Christmas holidays when I started because I had time off from work to get it set up and running.) I kept it up through the start of summer in 2012, but stopped because it made my PC run hot and as it was no longer winter, ********** didn’t appreciate the sound of the fans blowing that hot air into the room any more. I’ve always said that the first BTC I mined was at $1, but looking back at it now, that’s not true – It was around $2. Here’s a link to BTC price history.
In the summer of 2013 I got a new PC and moved my programs and files over before scrapping the old one. I hadn’t touched my BTC mining folder for a year then, and I didn’t even think about salvaging those wallet files. They are now gone forever, including the 9-10BTC that were in them. While I can intellectually justify the loss, it was sloppy and underlines a key thing about cryptocurrency that I believe will limit its widespread adoption by the general public until it is addressed and solved: In cryptoland, you are your own bank, and if you lose your password or account number, there is no person or organization that can help you reset it so that you can get access back. Your money is gone forever.
On April 12, 2014 I bought my first BTC through Coinbase. BTC had spiked to $1000 and been in the news, at least in Japan. This made me remember my old wallet and freak out for a couple of months trying to find it and reclaim the coins. I then FOMO’d (Fear Of Missing Out”) and bought $100 worth of BTC. I was actually very lucky in my timing and bought at around $430. Even so, except for a brief 50% swing up almost immediately afterwards that made me check prices 5 times a day, BTC fell below my purchase price by the end of September and I didn’t get back to even until the end of 2015.
In May 2015 I bought my first ETH at around $1. I sent some guy on bitcointalk ~$100 worth of BTC and he sent me 100 ETH – all on trust because the amounts were small and this was a small group of people. BTC was down in the $250 range at that point, so I had lost 30-40% of my initial investment. This was of the $100 invested, so not that much in real terms, but huge in percentages. It also meant that I had to buy another $100 of BTC on Coinbase to send to this guy. A few months after I purchased my ETH, BTC had doubled and ETH had gone down to $0.50, halving the value of my ETH holdings. I was even on the first BTC purchase finally, but was now down 50% on the ETH I had bought.
The good news was that this made me start to look at things more seriously. Where I had skimmed white papers and gotten a superficial understanding of the technology before FOMO’ing, I started to act as an investor, not a speculator. Let me define how I see those two different types of activity:
So what has been my experience as an investor? After sitting out the rest of 2015 because I needed to understand the market better, I bought into ETH quite heavily, with my initial big purchases being in March-April of 2016. Those purchases were in the $11-$14 range. ETH, of course, dropped immediately to under $10, then came back and bounced around my purchase range for a while until December of 2016, when I purchased a lot more at around $8.
I also purchased my first ICO in August of 2016, HEAT. I bought 25ETH worth. Those tokens are now worth about half of their ICO price, so about 12.5ETH or $12500 instead of the $25000 they would be worth if I had just kept ETH. There are some other things with HEAT that mean I’ve done quite a bit better than those numbers would suggest, but the fact is that the single best thing I could have done is to hold ETH and not spend the effort/time/cost of working with HEAT. That holds true for about every top-25 token on the market when compared to ETH. It certainly holds true for the many, many tokens I tried to trade in Q1-Q2 of 2017. In almost every single case I would have done better and slept better had I just held ETH instead of trying to be smarter than Mr. Market.
But, I made money on all of them except one because the crypto market went up more in USD terms than any individual coin went down in ETH or BTC terms. This underlines something that I read somewhere and that I take to heart: A rising market makes everyone seem like a genius. A monkey throwing darts at a list of the top 100 cryptocurrencies last year would have doubled his money. Here’s a chart from September that shows 2017 year-to-date returns for the top 10 cryptocurrencies, and all of them went up a *lot* more between then and December. A monkey throwing darts at this list there would have quintupled his money.
When evaluating performance, then, you have to beat the monkey, and preferably you should try to beat a Wall Street monkey. I couldn’t, so I stopped trying around July 2017. My benchmark was the BLX, a DAA (Digital Asset Array – think fund like a Fidelity fund) created by ICONOMI. I wasn’t even close to beating the BLX returns, so I did several things.
  1. I went from holding about 25 different tokens to holding 10 now. More on that in a bit.
  2. I used those funds to buy ETH and BLX. ETH has done crazy-good since then and BLX has beaten BTC handily, although it hasn’t done as well as ETH.
  3. I used some of those funds to set up an arbitrage operation.
The arbitrage operation is why I kept the 11 tokens that I have now. All but a couple are used in an ETH/token pair for arbitrage, and each one of them except for one special case is part of BLX. Why did I do that? I did that because ICONOMI did a better job of picking long-term holds than I did, and in arbitrage the only speculative thing you must do is pick the pairs to trade. My pairs are (No particular order):
I also hold PLU, PLBT, and ART. These two are multi-year holds for me. I have not purchased BTC once since my initial $200, except for a few cases where BTC was the only way to go to/from an altcoin that didn’t trade against ETH yet. Right now I hold about the same 0.3BTC that I held after my first $100 purchase, so I don’t really count it.
Looking forward to this year, I am positioning myself as follows:
Looking at my notes, I have two other things that I wanted to work into this email that I didn’t get to, so here they are:
  1. Just like with free apps and other software, if you are getting something of value and you didn’t pay anything for it, you need to ask why this is. With apps, the phrase is “If you didn’t pay for the product, you are the product”, and this works for things such as pump groups, tips, and even technical analysis. Here’s how I see it.
    1. People don’t give tips on stocks or crypto that they don’t already own that stock or token. Why would they, since if they convince anyone to buy it, the price only goes up as a result, making it more expensive for them to buy in? Sure, you will have friends and family that may do this, but people in a crypto club, your local cryptocurrency meetup, or online are generally not your friends. They are there to make money, and if they can get you to help them make money, they will do it. Pump groups are the worst of these, and no matter how enticing it may look, stay as far away as possible from these scams. I even go so far as to report them when I see them advertise on FB or Twitter, because they are violating the terms of use.
    2. Technical analysis (TA) is something that has been argued about for longer than I’ve been alive, but I think that it falls into the same boat. In short, TA argues that there are patterns in trading that can be read and acted upon to signal when one must buy or sell. It has been used forever in the stock and foreign exchange markets, and people use it in crypto as well. Let’s break down these assumptions a bit.
i. First, if crypto were like the stock or forex markets we’d all be happy with 5-7% gains per year rather than easily seeing that in a day. For TA to work the same way in crypto as it does in stocks and foreign exchange, the signals would have to be *much* stronger and faster-reacting than they work in the traditional market, but people use them in exactly the same way.
ii. Another area where crypto is very different than the stock and forex markets centers around market efficiency theory. This theory says that markets are efficient and that the price reflects all the available information at any given time. This is why gold in New York is similar in price to gold in London or Shanghai, and why arbitrage margins are easily <0.1% in those markets compared to cryptoland where I can easily get 10x that. Crypto simply has too much speculation and not enough professional traders in it yet to operate as an efficient market. That fundamentally changes the way that the market behaves and should make any TA patterns from traditional markets irrelevant in crypto.
iii. There are services, both free and paid that claim to put out signals based on TA for when one should buy and sell. If you think for even a second that they are not front-running (Placing orders ahead of yours to profit.) you and the other people using the service, you’re naïve.
iv. Likewise, if you don’t think that there are people that have but together computerized systems to get ahead of people doing manual TA, you’re naïve. The guys that I have programming my arbitrage bots have offered to build me a TA bot and set up a service to sell signals once our position is taken. I said no, but I am sure that they will do it themselves or sell that to someone else. Basically they look at TA as a tip machine where when a certain pattern is seen, people act on that “tip”. They use software to see that “tip” faster and take a position on it so that when slower participants come in they either have to sell lower or buy higher than the TA bot did. Remember, if you are getting a tip for free, you’re the product. In TA I see a system when people are all acting on free preset “tips” and getting played by the more sophisticated market participants. Again, you have to beat that Wall Street monkey.
  1. If you still don’t agree that TA is bogus, think about it this way: If TA was real, Wall Street would have figured it out decades ago and we would have TA funds that would be beating the market. We don’t.
  2. If you still don’t agree that TA is bogus and that its real and well, proven, then you must think that all smart traders use them. Now follow that logic forward and think about what would happen if every smart trader pushing big money followed TA. The signals would only last for a split second and would then be overwhelmed by people acting on them, making them impossible to leverage. This is essentially what the efficient market theory postulates for all information, including TA.
OK, the one last item. Read this weekly newsletter – You can sign up at the bottom. It is free, so they’re selling something, right? 😉 From what I can tell, though, Evan is a straight-up guy who posts links and almost zero editorial comments.
Happy 2018.
submitted by uetani to CryptoCurrency [link] [comments]

[H] $35 BTC [W] $35 Paypal

Hi, I understand that you are looking to own some digital gold (Bitcoin).
This bad boy has SHA-256 so that you can always be sure that your transactions are safe and secure.
This OG currency...I should be stop talking like some car salesman.
The truth is that I have $35 worth of Bitcoin, which is:.
I am looking to trade that $35 worth of Bitcoin for $35 USD into my Paypal.
I have a very active Reddit account and I respond quickly.
If you are interested in trading with me, feel free to message me here
submitted by WilderCopy to Cash4Cash [link] [comments]

Burstcoin (BURST): A Dark Horse That Could Become A Major Cryptocurrency, The King of Proof of Capacity

Burstcoin (BURST): A Dark Horse That Could Become A Major Cryptocurrency, The King of Proof of Capacity
https://preview.redd.it/nt1qbc9cq4221.png?width=572&format=png&auto=webp&s=d867a4c98e7ab7e9c37c7dc23cc7fb251a5ecec7
https://cryptoiq.co/burstcoin-burst-a-dark-horse-that-could-become-a-major-cryptocurrency-the-king-of-proof-of-capacity/
Currently the cryptocurrency space is flooded with copycat coins and initial coin offering (ICO) tokens, most of which are moving steadily down the ranks on CoinMarketCap as the bear market of 2018 continues. This bear market is weeding out cryptocurrencies that have little long term potential, and cryptocurrencies that have strong communities and unique technology are rising to the top. Burstcoin (BURST) is one such cryptocurrency that is rising to the top, like cream in a glass of fresh milk. This is because the Burstcoin community is filled with diehard Cypherpunks, and BURST is the king of Proof of Capacity.
Back in the middle of October 2018 BURST was at #248 on CoinMarketCap, which was before the ‘nuclear’ bear market took effect, where the support level was broken due to the Bitcoin Cash hard fork, Bakkt delaying the launch of physical Bitcoin futures, and the Securities and Exchange Commission (SEC) initiating its first civil enforcement penalties against ICOs. BURST has decreased in price like every other cryptocurrency, but is rising relative to other cryptocurrencies, and as of 3 December 2018 sits at #199 on CoinMarketCap with a market cap of USD 13.5 million.
This increase in the price of BURST relative to other cryptocurrencies is due to Burstcoin’s unique technology. Burstcoin is the king of Proof of Capacity, a mining algorithm that uses the hard drive, versus raw computational power like with Proof of Work, and is much more energy efficient than Proof of Work. Proof of Capacity works by writing cryptographic hashes to an allotted segment of a hard drive called a plot. This plot is then read during mining to find the correct cryptographic hash, and whoever finds the cryptographic hash the fastest receives the block reward. More hard drive space dedicated to the plot equals more cryptographic hashes available, making it easier to find an answer and earn the BURST block reward.
Currently 1TB generates 1-2 BURST per day, and even though this is only equivalent to about a penny, it is all profit since reading the plot file requires a negligible amount of energy, and BURST miners can use their computer for other activities without impediment. Compare this to Proof of Work, which slows down personal computers and costs more electricity than the cryptocurrency it mines. BURST is one of the only cryptocurrencies that can be profitably mined on personal computers.
Further, unlike with Proof of Work where specialized mining equipment is required like application specific integrated circuits (ASICs), anyone with a computer or even mobile phone can mine BURST, and if they decide to stop mining BURST they can simply delete their plot file and use the hard drive space for other things. This is unlike ASICs, which cannot be used for anything but mining, so if someone decides to stop mining they lose all the money invested into the ASIC.
The ease of mining and negligible energy usage has led to the formation of a strong BURST mining community, with over 200,000 TB securing the BURST network. This is equivalent to hundreds of thousands of personal computers. The expansive mining community gives BURST value, and some of these miners are blockchain developers, and they have been building a full suite of technology based on the Burstcoin blockchain.
CloudBurst immutably stores files directly on the Burstcoin blockchain, for a small 1-time fee. Real blockchain storage is a rarity in the cryptocurrency world. The file will be stored as long as the Burstcoin blockchain exists, which is the foreseeable future and beyond considering the expansive BURST mining community. Cloudburst would be useful if you lost your computer and all of your backups in a natural disaster like a hurricane, and is a more secure solution than cloud storage like Google. Also, the Burstcoin wallet can be used to easily issue cryptocurrencies that are based off of the Burstcoin blockchain, and there is a decentralized exchange built-in to the wallet to trade these crypto assets.
Cryptocurrency scalability is a problem even for major cryptocurrencies like Bitcoin and Ethereum, but Burstcoin has tackled and solved this problem with the launch of the Dymaxion. The scalability of the Dymaxion is so powerful that it can handle all the non-cash transactions in the world. This is done via the utilization of tangle-based lightning networks on top of the Burstcoin blockchain. Transactions done via the Dymaxion are instant, with no fees and practically no energy expenditure. The Dymaxion gives Burstcoin the room to grow as much as it needs to.
When people look for the cryptocurrencies that will survive long term, it can be confusing due to the 2,000+ cryptocurrencies listed on CoinMarketCap. However, it is clear that cryptocurrencies with truly unique and useful technology, as well as strong communities will always be around and gain value long term relative to all the ICOs and copycats. Bitcoin is the king of SHA-256, Litecoin is the king of Scrypt, Ethereum is the king of blockchain-based dApps, Dogecoin is the king of the shibes on Reddit, Dash is the King of X11, Monero is the king of privacy coins, IOTA is the king of Directed Acyclic Graphs (DAGs), and Burstcoin is the king of Proof of Capacity. These kings of cryptocurrency will definitely be the winners and survivors when the fallout from the ICO apocalypse is over.
This is for educational purposes only and is not investment advice. We are not paid by BURST to write this article.
submitted by turtlecane to burstcoin [link] [comments]

3 facts proving NSA/US Fed created Bitcoin. Challenge the 3 facts, I dare you.

We are often way too focused on the price of Bitcoin, to question Bitcoin’s origin. Yet the facts are right under the spot light, how 1 million of Bitcoin is kept in reserve, how SHA 256 is a baby of NSA, and how it takes less than $20 billion to crack Bitcoin yet the US Gov has done nothing 10 years after the invention of Bitcoin.

FACT 1: "Satoshi" kept 1,000,000 Bitcoins for "himself".

Satoshi is NOT a kind benevolent saviour who invented Bitcoin to save the world. Satoshi invented Bitcoin and kept 1,000,000 Bitcoin for himself, in hope one day when Bitcoin becomes the single world currency he/his organisation will at least own 5% of Bitcoin, aka 5% of global purchasing power, at least.
The Fiat System is collapsing. If we crypto/bitcoin enthusiasts on the Reddit forum can see it, of course the guys at the top of the pyramid can see it, and they saw it long before we did. They did something about it, they invented Bitcoin.
And yes, it would take more than one computer nerd to come up with Bitcoin. It would have involved many years of work in complete secrecy by many number of experts with a lot of computing power. Which organisation fits the bill besides NSA? And yes they kept 1,000,000 Bitcoin.

FACT 2: Bitcoin's Sha 256 is a subset of cryptographic hash functions designed by the United States National Security Agency (NSA).

SHA-2 (Secure Hash Algorithm 2) is a set of cryptographic hash functions designed by the United States National Security Agency (NSA). The SHA-2 family consists of six hash functions with digests (hash values) that are 224, 256, 384 or 512 bits: SHA-224, SHA-256, SHA-384, SHA-512, SHA-512/224, SHA-512/256.
https://en.wikipedia.org/wiki/SHA-2
BOOM! Yes people, NSA actually came up with the backbone of Bitcoin. It is right under the spotlight. Who else, besides from NSA, could have taken NSA tech and use it to create Bitcoin?

FACT 3: If the Fed/NSA/US Government really wanted to destroy Bitcoin, they could have and would have done a 51% attack already, it is dirt cheap.

But no, instead they sent a hairless patsy like Brad Sherman to whine about it in public. Do you really think Sherman is the US government's best shot against Bitcoin? To launch a 51% attack on Bitcoin, it only takes $8.4 billion USD in hardware, and a day run rate of $5 million USD to do so.
https://gobitcoin.io/tools/cost-51-attack/
To put things into perspective, the Fed just sold $27 billion USD worth of US Treasuries on 8th of May. Apple's market value is $859 billion USD. Yes NSA/Fed/US Government could easily break Bitcoin if they wanted to.

Once again. the 3 facts: FACT 1: "Satoshi" kept 1,000,000 Bitcoins for "himself". FACT 2: Bitcoin's Sha 256 is a subset of cryptographic hash functions designed by NSA FACT 3: If the Fed/NSA/US Government really wanted to destroy Bitcoin, they could have and would have done a 51% attack already, it is dirt cheap for the US government to do so.

Conclusion: Yes Bitcoin is designed by the NSA/Fed/US Gov. That is absolutely fine because if anything it is actually sign that Bitcoin will actually flourish, given the implicit government backing Bitcoin has.
They pulled it off with Fiat Money for 80 years. They realised the fiat game is ending. They started a new game - Bitcoin!
submitted by SexyCandyFcuky to Bitcoin [link] [comments]

XCRYPT PLATFORM

XCRYPT PLATFORM

https://preview.redd.it/o2dpgxj6pi331.jpg?width=600&format=pjpg&auto=webp&s=32e7e3c4861052d464569836758043ed32d79f11
Tradіng оf crypto-currency іѕ a lucrative busіness аnd аѕ we hаvе all observed recently thе pump іn thе price аnd value оf crypto-currency іn whісh real traders hаvе made huge amount оf prоfits frоm thіѕ.
Thе XCRYPT platform іѕ thе first cryptocurrency ecosystem thаt leverages blockchaіn technology, thе platform will іnclude a debit card аnd a ѕоcial platform thаt will bе utilized by uѕеrs to communicate аnd create a ѕоlid community network.

Thе XCrypt project іѕ focused оn creatіng a powerful cryptocurrency exchаnge thаt іncludes a broad rаnge оf services. Thе goal іѕ to ensure uѕеrs cаn bеnefit frоm thе developments іn thе cryptocurrency market, while mitigatіng rіѕks arіѕіng frоm cryptocurrency ownership, trаnsfer, аnd exchаnge.

XCRYPT HYBRID EXCHANGE

Xcrypt іѕ a semi-decentralized hybrid exchаnge platform thаt provides its uѕеrs wіth trust-less, real-time,high-throughput tradіng experience іn collaboratiоn wіth a blockchaіn bаѕed settlement. We centrally mаnage trade matchіng аnd Ethеreum trаnsactiоn dіѕpatch. Xcrypt gives its uѕеr thе ability to trade cоntіnuously wіthout waitіng for a trаnsactiоn to bе mіned, carries out multiple order all at thе same time, it cаn alѕо cаncel orders іnstаntly wіthout gаѕ costs.

XCRYPT MІЅSIОN
Xcrypt’s mіѕsiоn іѕ to provide everythіng needed for crypto-prоfit under thе same roоf. All іn a high secure аnd ultra performаnt ecosystem. top priority аrе uѕеrs. Mіѕsiоn іѕ to cоntribute to thе development оf thе cryptocurrency community's security. Thеy will develop thе next generatiоn ecosystem bаѕed оn blockchaіn technology thаt оffers all cryptocurrency related operatiоns frоm: securіng different blockchaіns through thе mіnіng process, tradіng аnd storіng cryptocurrency, up to make thе cryptocurrency available оn traditiоnal payment methods. Thіѕ will help uѕеrs save mоney аnd will protect thеm agaіnst fraud through thе use оf smart cоntracts.

FEATURES ОF XCRPT
Xcrypt іѕ designed wіth аn AIRDROP rаnkіng system ѕо аѕ to give rewards іn form оf airdrop to thе traders іn thе platform. Thіѕ platform will alѕо guide thе traders wіth thе bеst airdrop to participate іn whісh іѕ a great feature оf thіѕ exchаnge. Xcrypt hаѕ іntroduced zero tradіng fees іn thе platform іn whісh thіѕ will help traders аnd uѕеrs to earn more frоm thеir trades. Xcrypt іѕ alѕо аn advаnced tradіng platform wіth quick deposit аnd wіthdrawals оf funds аnd аѕsets. Traders hаvе experienced delayed іn thеir deposit аnd wіthdrawals іn thе othеr platform whісh іѕ why Xcrypt hаѕ come to put аn end to thіѕ problems.
Lіѕted bеlow аrе ѕоme оf thе exclusive features оf xcrypt exchаnge platform;
· Custom built Bot tradіng
· Multi-lіngual support
· Airdrop Rаnkіng System
· Erc 20 аnd Erc 721 technology support
· FIAT wіthdrawal functiоn
· Cryptocurrencies Membеrship feature
· Fаѕt deposits аnd wіthdrawal
· Uѕеr friendly іnterface wіth mobile App to eаѕe tradіng аnd
· ZERO fees.

XCRYPT SECURITY
Just аѕ we all know thаt security оf uѕеrs’ іnformatiоn аnd funds іѕ very paramount іn all exchаnge platforms, thеrefore, Xcrypt hаѕ put іnto place several meаѕures to ensure thе utmost safety оf thеir uѕеrs funds аѕ highlighted bеlow;
· CCSS stаndard
· 2fa verificatiоn for all uѕеrs bеfore wіthdrawals or chаnge оf account settіngs
· Cold storage keepіng оf uѕеrs funds wіth multi-signature technology
· Encryptiоn оf all private keys оfflіne аnd
· Pаѕsword encryptiоn usіng Salted SHA-256.

https://preview.redd.it/ppb22co9pi331.png?width=962&format=png&auto=webp&s=d86208f66fd57c024ed86e5b55dfe88f045d41b3

TOKEN ІNFORMATIОN
· Token Name: xCrypt
· Token Ticker: XCT
· Total Supply: 200,000,000
· Token type: ERC-20 Token
· Private Sale іѕ Live оn Xcrycpt Website
· Token Value: 1 XCT = 0.10 USDBоnus: %50IEO оn IDAX аnd BITFOREX
· Token Value: 1 XCT = 1 USD
· Sоft cap: 7 Milliоn USD
· Hard cap: 75 Milliоn USD

CОNCLUSIОN
XCRYPT comes wіth thе XCT token аѕ its medium оf exchаnge аnd it wаѕ born out оf thе bеlief thаt thе іn thе near future, mаny chаnges аnd developments would occur іn thе crypto currency field аnd alѕо іn thе tradіng field аnd іn thе bеlief thаt thе world would come to embrace thе block chaіn technology. It aims to create a strategic marketplace for thе erc721 аnd to carry out іnnovative relatiоnships wіth thе ICO. Thе picture wаѕ cоnceived іn order to bе able to reward thе community оf XCRYPT crypto uѕеr wіth a zero fee exchаnge whісh іѕ related through ѕоcial media аnd its holders аrе compensated mоnthly through airdrops wіth a rаnkіng system.

To learn more about xcrypt platform, check these links
Website: http://www.xcrypt.club/
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1986718
Twitter: https://twitter.com/xcryptclub
Facebook: https://www.facebook.com/xcryptclub/
Telegram: https://t.me/xcryptclub
YouTube: https://www.youtube.com/channel/UCSTVlIYw7fj9PrVu9FYKKVQ
Medium: https://medium.com/@xcryptclub
Reddit: https://www.reddit.com/xCrypt/
Author’s Details
My BitcoinTalk: https://bitcointalk.org/index.php?action=profile;u=2434736
My BitcoinTalk Username: kimbly
submitted by kimblycara to IcoInvestor [link] [comments]

Decred Journal — June 2018

Note: You can read this on GitHub, Medium or old Reddit to see the 207 links.

Development

The biggest announcement of the month was the new kind of decentralized exchange proposed by @jy-p of Company 0. The Community Discussions section considers the stakeholders' response.
dcrd: Peer management and connectivity improvements. Some work for improved sighash algo. A new optimization that gives 3-4x faster serving of headers, which is great for SPV. This was another step towards multipeer parallel downloads – check this issue for a clear overview of progress and planned work for next months (and some engineering delight). As usual, codebase cleanup, improvements to error handling, test infrastructure and test coverage.
Decrediton: work towards watching only wallets, lots of bugfixes and visual design improvements. Preliminary work to integrate SPV has begun.
Politeia is live on testnet! Useful links: announcement, introduction, command line voting example, example proposal with some votes, mini-guide how to compose a proposal.
Trezor: Decred appeared in the firmware update and on Trezor website, currently for testnet only. Next steps are mainnet support and integration in wallets. For the progress of Decrediton support you can track this meta issue.
dcrdata: Continued work on Insight API support, see this meta issue for progress overview. It is important for integrations due to its popularity. Ongoing work to add charts. A big database change to improve sorting on the Address page was merged and bumped version to 3.0. Work to visualize agenda voting continues.
Ticket splitting: 11-way ticket split from last month has voted (transaction).
Ethereum support in atomicswap is progressing and welcomes more eyeballs.
decred.org: revamped Press page with dozens of added articles, and a shiny new Roadmap page.
decredinfo.com: a new Decred dashboard by lte13. Reddit announcement here.
Dev activity stats for June: 245 active PRs, 184 master commits, 25,973 added and 13,575 deleted lines spread across 8 repositories. Contributions came from 2 to 10 developers per repository. (chart)

Network

Hashrate: growth continues, the month started at 15 and ended at 44 PH/s with some wild 30% swings on the way. The peak was 53.9 PH/s.
F2Pool was the leader varying between 36% and 59% hashrate, followed by coinmine.pl holding between 18% and 29%. In response to concerns about its hashrate share, F2Pool made a statement that they will consider measures like rising the fees to prevent growing to 51%.
Staking: 30-day average ticket price is 94.7 DCR (+3.4). The price was steadily rising from 90.7 to 95.8 peaking at 98.1. Locked DCR grew from 3.68 to 3.81 million DCR, the highest value was 3.83 million corresponding to 47.87% of supply (+0.7% from previous peak).
Nodes: there are 240 public listening and 115 normal nodes per dcred.eu. Version distribution: 57% on v1.2.0 (+12%), 25% on v1.1.2 (-13%), 14% on v1.1.0 (-1%). Note: the reported count of non-listening nodes has dropped significantly due to data reset at decred.eu. It will take some time before the crawler collects more data. On top of that, there is no way to exactly count non-listening nodes. To illustrate, an alternative data source, charts.dcr.farm showed 690 reachable nodes on Jul 1.
Extraordinary event: 247361 and 247362 were two nearly full blocks. Normally blocks are 10-20 KiB, but these blocks were 374 KiB (max is 384 KiB).

ASICs

Update from Obelisk: shipping is expected in first half of July and there is non-zero chance to meet hashrate target.
Another Chinese ASIC spotted on the web: Flying Fish D18 with 340 GH/s at 180 W costing 2,200 CNY (~340 USD). (asicok.comtranslated, also on asicminervalue)
dcrASIC team posted a farewell letter. Despite having an awesome 16 nm chip design, they decided to stop the project citing the saturated mining ecosystem and low profitability for their potential customers.

Integrations

bepool.org is a new mining pool spotted on dcred.eu.
Exchange integrations:
Two OTC trading desks are now shown on decred.org exchanges page.
BitPro payment gateway added Decred and posted on Reddit. Notably, it is fully functional without javascript or cookies and does not ask for name or email, among other features.
Guarda Wallet integrated Decred. Currently only in their web wallet, but more may come in future. Notable feature is "DCR purchase with a bank card". See more details in their post or ask their representative on Reddit. Important: do your best to understand the security model before using any wallet software.

Adoption

Merchants:
BlueYard Capital announced investment in Decred and the intent to be long term supporters and to actively participate in the network's governance. In an overview post they stressed core values of the project:
There are a few other remarkable characteristics that are a testament to the DNA of the team behind Decred: there was no sale of DCR to investors, no venture funding, and no payment to exchanges to be listed – underscoring that the Decred team and contributors are all about doing the right thing for long term (as manifested in their constitution for the project).
The most encouraging thing we can see is both the quality and quantity of high calibre developers flocking to the project, in addition to a vibrant community attaching their identity to the project.
The company will be hosting an event in Berlin, see Events below.
Arbitrade is now mining Decred.

Events

Attended:
Upcoming:

Media

stakey.club: a new website by @mm:
Hey guys! I'd like to share with you my latest adventure: Stakey Club, hosted at stakey.club, is a website dedicated to Decred. I posted a few articles in Brazilian Portuguese and in English. I also translated to Portuguese some posts from the Decred Blog. I hope you like it! (slack)
@morphymore translated Placeholder's Decred Investment Thesis and Richard Red's write-up on Politeia to Chinese, while @DZ translated Decred Roadmap 2018 to Italian and Russian, and A New Kind of DEX to Italian and Russian.
Second iteration of Chinese ratings released. Compared to the first issue, Decred dropped from 26 to 29 while Bitcoin fell from 13 to 17. We (the authors) restrain ourselves commenting on this one.
Videos:
Audio:
Featured articles:
Articles:

Community Discussions

Community stats: Twitter followers 40,209 (+1,091), Reddit subscribers 8,410 (+243), Slack users 5,830 (+172), GitHub 392 stars and 918 forks of dcrd repository.
An update on our communication systems:
Jake Yocom-Piatt did an AMA on CryptoTechnology, a forum for serious crypto tech discussion. Some topics covered were Decred attack cost and resistance, voting policies, smart contracts, SPV security, DAO and DPoS.
A new kind of DEX was the subject of an extensive discussion in #general, #random, #trading channels as well as Reddit. New channel #thedex was created and attracted more than 100 people.
A frequent and fair question is how the DEX would benefit Decred. @lukebp has put it well:
Projects like these help Decred attract talent. Typically, the people that are the best at what they do aren’t driven solely by money. They want to work on interesting projects that they believe in with other talented individuals. Launching a DEX that has no trading fees, no requirement to buy a 3rd party token (including Decred), and that cuts out all middlemen is a clear demonstration of the ethos that Decred was founded on. It helps us get our name out there and attract the type of people that believe in the same mission that we do. (slack)
Another concern that it will slow down other projects was addressed by @davecgh:
The intent is for an external team to take up the mantle and build it, so it won't have any bearing on the current c0 roadmap. The important thing to keep in mind is that the goal of Decred is to have a bunch of independent teams on working on different things. (slack)
A chat about Decred fork resistance started on Twitter and continued in #trading. Community members continue to discuss the finer points of Decred's hybrid system, bringing new users up to speed and answering their questions. The key takeaway from this chat is that the Decred chain is impossible to advance without votes, and to get around that the forker needs to change the protocol in a way that would make it clearly not Decred.
"Against community governance" article was discussed on Reddit and #governance.
"The Downside of Democracy (and What it Means for Blockchain Governance)" was another article arguing against on-chain governance, discussed here.
Reddit recap: mining rig shops discussion; how centralized is Politeia; controversial debate on photos of models that yielded useful discussion on our marketing approach; analysis of a drop in number of transactions; concerns regarding project bus factor, removing central authorities, advertising and full node count – received detailed responses; an argument by insette for maximizing aggregate tx fees; coordinating network upgrades; a new "Why Decred?" thread; a question about quantum resistance with a detailed answer and a recap of current status of quantum resistant algorithms.
Chats recap: Programmatic Proof-of-Work (ProgPoW) discussion; possible hashrate of Blake-256 miners is at least ~30% higher than SHA-256d; how Decred is not vulnerable to SPV leaf/node attack.

Markets

DCR opened the month at ~$93, reached monthly high of $110, gradually dropped to the low of $58 and closed at $67. In BTC terms it was 0.0125 -> 0.0150 -> 0.0098 -> 0.0105. The downturn coincided with a global decline across the whole crypto market.
In the middle of the month Decred was noticed to be #1 in onchainfx "% down from ATH" chart and on this chart by @CoinzTrader. Towards the end of the month it dropped to #3.

Relevant External

Obelisk announced Launchpad service. The idea is to work with coin developers to design a custom, ASIC-friendly PoW algorithm together with a first batch of ASICs and distribute them among the community.
Equihash-based ZenCash was hit by a double spend attack that led to a loss of $450,000 by the exchange which was targeted.
Almost one year after collecting funds, Tezos announced a surprise identification procedure to claim tokens (non-javascript version).
A hacker broke into Syscoin's GitHub account and implanted malware stealing passwords and private keys into Windows binaries. This is a painful reminder for everybody to verify binaries after download.
Circle announced new asset listing framework for Poloniex. Relevant to recent discussions of exchange listing bribery:
Please note: we will not accept any kind of payment to list an asset.
Bithumb got hacked with a $30 m loss.
Zcash organized Zcon0, an event in Canada that focused on privacy tech and governance. An interesting insight from Keynote Panel on governance: "There is no such thing as on-chain governance".
Microsoft acquired GitHub. There was some debate about whether it is a reason to look into alternative solutions like GitLab right now. It is always a good idea to have a local copy of Decred source code, just in case.
Status update from @sumiflow on correcting DCR supply on various sites:
To begin with, none of the below sites were showing the correct supply or market cap for Decred but we've made some progress. coingecko.com, coinlib.io, cryptocompare.com, livecoinwatch.com, worldcoinindex.com - corrected! cryptoindex.co, onchainfx.com - awaiting fix coinmarketcap.com - refused to fix because devs have coins too? (slack)

About This Issue

This is the third issue of Decred Journal after April and May.
Most information from third parties is relayed directly from source after a minimal sanity check. The authors of Decred Journal have no ability to verify all claims. Please beware of scams and do your own research.
The new public Matrix logs look promising and we hope to transition from Slack links to Matrix links. In the meantime, the way to read Slack links is explained in the previous issue.
As usual, any feedback is appreciated: please comment on Reddit, GitHub or #writers_room. Contributions are welcome too, anything from initial collection to final review to translations.
Credits (Slack names, alphabetical order): bee and Richard-Red. Special thanks to @Haon for bringing May 2018 issue to medium.
submitted by jet_user to decred [link] [comments]

3 facts proving Bitcoin was created by NSA/US Gov. Challenge these 3 facts, I dare you.

We are often way too focused on the price of Bitcoin, to question Bitcoin’s origin. Yet the facts are right under the spot light, how 1 million of Bitcoin is kept in reserve, how SHA 256 is a baby of NSA, and how it takes less than $20 billion to crack Bitcoin yet the US Gov has done nothing 10 years after the invention of Bitcoin.
FACT 1: "Satoshi" kept 1,000,000 Bitcoins for "himself".
Satoshi is NOT a kind benevolent saviour who invented Bitcoin to save the world. Satoshi invented Bitcoin and kept 1,000,000 Bitcoin for himself, in hope one day when Bitcoin becomes the single world currency he/his organisation will at least own 5% of Bitcoin, aka 5% of global purchasing power, at least.
The Fiat System is collapsing. If we crypto/bitcoin enthusiasts on the Reddit forum can see it, of course the guys at the top of the pyramid can see it, and they saw it long before we did. They did something about it, they invented Bitcoin.
And yes, it would take more than one computer nerd to come up with Bitcoin. It would have involved many years of work in complete secrecy by many number of experts with a lot of computing power. Which organisation fits the bill besides NSA? And yes they kept 1,000,000 Bitcoin.
FACT 2: Bitcoin's Sha 256 is a subset of cryptographic hash functions designed by the United States National Security Agency (NSA).
SHA-2 (Secure Hash Algorithm 2) is a set of cryptographic hash functions designed by the United States National Security Agency (NSA). The SHA-2 family consists of six hash functions with digests (hash values) that are 224, 256, 384 or 512 bits: SHA-224, SHA-256, SHA-384, SHA-512, SHA-512/224, SHA-512/256.
https://en.wikipedia.org/wiki/SHA-2
BOOM! Yes people, NSA actually came up with the backbone of Bitcoin. It is right under the spotlight. Who else, besides from NSA, could have taken NSA tech and use it to create Bitcoin?
FACT 3: If the Fed/NSA/US Government really wanted to destroy Bitcoin, they could have and would have done a 51% attack already, it is dirt cheap.
But no, instead they sent a hairless patsy like Brad Sherman to whine about it in public. Do you really think Sherman is the US government's best shot against Bitcoin?
To launch a 51% attack on Bitcoin, it only takes $8.4 billion USD in hardware, and a day run rate of $5 million USD to do so.
https://gobitcoin.io/tools/cost-51-attack/
To put things into perspective, the Fed just sold $27 billion USD worth of US Treasuries on 8th of May. Apple's market value is $859 billion USD. Yes NSA/Fed/US Government could easily break Bitcoin if they wanted to.
Once again. the 3 facts: FACT 1: "Satoshi" kept 1,000,000 Bitcoins for "himself". FACT 2: Bitcoin's Sha 256 is a subset of cryptographic hash functions designed by NSA FACT 3: If the Fed/NSA/US Government really wanted to destroy Bitcoin, they could have and would have done a 51% attack already, it is dirt cheap.
Conclusion: Yes Bitcoin is designed by the NSA/Fed/US Gov. That is absolutely fine because if anything it is actually sign that Bitcoin will actually flourish, given the implicit government backing Bitcoin has.
They pulled it off with Fiat Money for 80 years. They realised the fiat game is ending. They started a new game - Bitcoin!
submitted by kadudu888 to Bitcoin [link] [comments]

Bitcoin Cash to Be Valued at $12,000,000 Each

Enjoy =)
Larry Page = $41 billion
Bill Gates = $86 billion
All Cryptocurrency's = $200 billion
Amazon = $402 billion
Apple = $730 billion
USD in circulation = $1,500 billion
Gold Market Cap = $8,200 billion
Physical Money (notes/coins) = $31,200 billion
Stock Markets = $66,800 billion
All U.S. Money (bank deposits/loans) = $83,000 billion
But why doesn't EVERYBODY just convert ALL of the world's money of the ENTIRE PLANET to paying each other in gold? Gold is a great 'store of value', isn't it? Yes, it sure has value, but because it is inconvenient, hard to transport, slow, not divisible (without a third party), and difficult to keep from being robbed (without a third party), that is why the entire planet does not transact in gold, and hence why Gold's market capitalization is only $8,200 billion.
The only way this is possible, is if gold was more convenient to transact with than everything else, especially VISA. Which is impossible. You can't pay for a $100.37 item on Amazon.com, through the internet, without a third party, in a split second, by using gold.
Bitcoin (whitepaper version), can do 1,000,000 transactions per second CHEAPER than VISA. (It can probably do even more in the future), it's also at the same time a tangible currency (that takes trillions of video cards to create one single uncounterfeitable coin) aka "store of value".
So, for example's sake, let's add up all of the money (listed above), and "flood" the entire planet into using a currency ("store of value"), that is ALSO a payment system in itself BY DESIGN, able to send money to the other side of the planet, instantly, without needing to use ANY kind of outside third party, because the coin ITSELF is the third party IF it is the Whitepaper Version of Bitcoin. But if the witness data (aka transaction signatures) are segregated from the chain, then the coin (economy itself) is no longer ITS' OWN "third party" anymore, but prone to whoever wants to take advantage of the segregated witness data (whether its blockstream, bitcoin core, AXA, miners, or banks, doesn't matter). Because when the chain of digital signatures is no longer part of the blockchain, the incentive to take advantage of the system and introduce a traditional (bankegovernment) "third party" is now profitable/possible to do so. Whereas, originally, without SegWit, anybody who tried to do this would infinitely lose money in trying to do so---aka mining coins was more profitable than trying to do a 51% attack. Hence, with SegWit, we introduce a loop-hole into Bitcoin, allowing double spending of anyone's transactions, reversing anyone's transactions, halting anyone's transactions, freezing anyone's transactions, charge-backs, etc.
Now introduce $191,659 billion (see above) of the world's money to a ONE WORLD CURRENCY, that DOES NOT REQUIRE A THIRD PARTY.
17,912 x $650 current value of Bitcoin (whitepaper version) = $11,642,800 , for one coin.
90% of people who buy Bitcoin don't even know what is "Segwit" or "Blockstream" or "Satoshi" or "Whitepaper". They think it's the 'norm' that it takes hours upon hours (or even days) to get their Bitcoin. They assume that because it's "hard to get", then that is why it is valuable. Upon all of the other reasons. It's all media. It is exactly what BitConnect is doing. The only reason people are buying it, is because everyone is gambling, but are fully convinced that it is "investing". This is why Bitcoin is not going to lose its' value instantly. Nor is it going to skyrocket to an astronomical value like $100,000 instantly. But it will most definitely NOT be used as replacement currency by Walmart, Amazon, Sams Club, Coca Cola, Target, etc, and so on, it goes on FOREVER. All of these companies use VISA.
But what about other coins that already exist with little to no fees, instant transactions and end up having little to no traction and don't look like anyone cares about them??
For example.
These are the top ones I felt like choosing. I can explain every coin on the list. But the entire point, is that for EVERY one of these coins, Bitcoin Cash does it better. Bitcoin Cash has 0-conf (Bitcoin used to have it until the system could not accept anymore transactions and started backlogging transactions---aka full blocks). Bitcoin Cash has scripting functions (aka smart contracts). Bitcoin used to have it when the transaction fees only cost 1-5 cents per block... But no one wants to use the scripting functions anymore when you have to pay $5-$100 for each block.
There is a reason why Satoshi did not design Bitcoin (whitepaper version) like any of the other coins. It is because he already thought about those other designs.
Bitcoin legacy forfeited it's security model (whitepaper version) as soon as it changed protocol to SegWit.
submitted by MartinGandhiKennedy to btc [link] [comments]

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Bitcoin Purchase Sha-256 on Hashflare.io HOw 2 & Releated Information

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