Cryptography is the art of creating mathematical assurances for who can do what with data, including but not limited to encryption of messages such that only the key-holder can read it. Cryptography lives at an intersection of math and computer science. This subreddit covers the theory and practice of modern and *strong* cryptography, and it is a technical subreddit focused on the algorithms and implementations of cryptography.
Masari (MSR) is a scalability-focused, untraceable, secure, and fungible cryptocurrency using the RingCT protocol. Masari is the first CryptoNote coin to develop uncle mining and a fully client side web wallet.
Protip: How to easily become mega-wealthy by starting a Bitcoin exchange!
Why, it's quite simple:
Make a basic exchange and get people to start giving you money.
Turn on Tor and empty 75% of the funds out of your own cold wallet.
...yes, that's right, your own cold wallet. Hack yourself. Then, claim you were hacked because of Bitcoin.
Give notice that you're declaring bankruptcy.
Offer everyone 25% of their money back, which you've miraculously just "found" - so long as they sign a waiver of their right to sue you.
Xcellent - you win!
You can remember this simple formula by looking at the first letter of each row. BTC-E, Bitstamp, Bitfinex - you should consider doing this. You'd obviously make far more money, and nobody would know the difference. There's a point where you'd make more money doing the above, legally, than continuing to operate as normal. Seriously, what are you, chumps? Get it together and start planning this out now. (Note: I obviously don't want them to do that. But, I'm not joking when I said it'd make them chumps not to do it, because there really is a point in which it becomes more profitable to do so, and I'm worried the Gox case will set a bad precedent. This is why we need to evolve serious industry-standard auditing procedures in place, bolstered by cryptography, to get past this sort of thing.)
I want to start a bitcoin exchange from oz bank deposits into the major bitcoin exchanges through my own website. How would I go about this? All I know so far is I want to be able to use ANZ, Commonwealth, Bendigo, Westpac, NAB & Suncorp as deposit locations & be able to turn my custormers deposits into currency in the likes of MtGox, Cryptoexchange & Bitconica. Do I need a accountant? Need to set up a ABN? Compliance? Desposit daily limit? or will the banks even open up my accounts? So many questions.
How to start a bitcoin exchange site to leave a mark in the industry
We can comprehensively guide you about how to start a bitcoin exchange site by leveraging our mission-driven approach and years of expertise in the blockchain industry.
04-17 13:24 - 'Get in-depth understanding of how to start a bitcoin exchange site' (antiersolutions.com) by /u/Lusan09 removed from /r/Bitcoin within 178-188min
Looking to start a bitcoin exchange . should i use my own bitcoin node or a trusted 3rd party api ?
The trade off is if i start with any wallet like block.io or bitgo . i can get started in a week .But are they reliable to store amounts upto 100 btc ?? but if i use my own bitcoin node it might take might take me a month to setup . but i will have greater security . What are ur thoughts ?are there trusted 3rd party apis . edit: ty guys for soo much motivation that if one guy doesnt know anything he should just quit and not try to learn and ultimately achieve his dream .
I have a few finance and math folks interested in starting a Bitcoin exchange and I wanted to see if anyone knows how I could create a Bitcoin exchange. Is there special software geared towards Bitcoin exchange creation for instance?Looking for any advice on this someone may have.
An Ohio State University student started a bitcoin exchange BitQuick.co from his off-campus apartment that has grown in volume comparable to the top 10 in the country trading in the digital currency.
The wallet is the bitcoin daemon running on the exchange server. This is where the bitcoins (of the exchange operator and his traders) are stored, hence it needs maximum security. Any exchange should implement a so-called hot/cold wallet system to diversify risk. How to start a bitcoin exchange business in India? Many say starting a bitcoin exchange business in India is illegal. But in our research if you get the proper permissions from the ROC and the government, it can be started. The main thing to note when starting a bitcoin exchange business in India is the type of company registration you do. 8. Calculate and Gather Funds for Starting and Promoting Your Venture. Every business owner requires funds to start new platforms and promote it. Calculate the approximate cost of the entire project and get enough, to begin with, your Bitcoin exchange platform. Starting Your Own Bitcoin or Cryptocurrency Exchange Business – A Step-by-Step Guide Cryptocurrencies, like Bitcoin, are trending. Those who invested in, or mined, Bitcoin early are sitting on small fortunes, and the concept is becoming mainstream. Starting a bitcoin exchange and trading company can be rewarding but you would have to compete with other well established bitcoin exchange and trading companies on the World Wide Web. The truth is that there are loads of standard and substandard bitcoin exchange and trading firms out there, all you need to do to make good profits is to make ...
How To Trade Bitcoin Cryptocurrency for Beginners - YouTube
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