SUPER FAST BITCOIN GENERATER (WAY TO MINE 10 BTC PER HOUR ...
SUPER FAST BITCOIN GENERATER (WAY TO MINE 10 BTC PER HOUR ...
3 Ways to Mine Bitcoin - wikiHow
Planning Your Bitcoin Mining Operation – Block Operations
Crypto Node - BitcoinWiki
Bitcoin Miner Software
The next XVG? Microcap 100x potential actually supported by fundamentals!
What’s up team? I have a hot one for you. XVG returned 12 million percent in 2017 and this one reminds me a lot of it. Here’s why: Mimblewimble is like Blu-Ray compared to CD-ROM in terms of its ability to compress data on a blockchain. The current BTC chain is 277gb and its capacity is limited because every time you spend a coin, each node needs to validate its history back to when it was mined (this is how double spending is prevented). Mimblewimble is different - all transactions in a block are aggregated and netted out in one giant CoinJoin, and only the current spending needs to be verified. This means that dramatically more transactions can fit into a smaller space, increasing throughput and lowering fees while still retaining the full proof of work game theory of Bitcoin. These blockchains are small enough to run a full node on a cheap smartphone, which enhances the decentralization and censorship resistance of the network. The biggest benefit, though, is that all transactions are private - the blockchain doesn’t reveal amounts or addresses except to the actual wallet owner. Unlike earlier decoy-based approaches that bloat the chain and can still be data mined (XMR), Mimblewimble leaves no trace in the blockchain, instead storing only the present state of coin ownership. The first two Mimblewimble coins, Grin and Beam, launched to great fanfare in 2019, quickly reaching over $100m in market cap (since settled down to $22m and $26m respectively). They are good projects but grin has infinite supply and huge never-decreasing emission, and Beam is a corporate moneygrab whose founding investors are counting on you buying for their ROI. ZEC is valued at $568m today, despite the facts that only 1% of transactions are actually shielded, it has a trusted setup, and generating a confidential transaction takes ~60 seconds on a powerful PC. XMR is a great project but it’s valued at $1.2b (so no 100x) and it uses CryptoNote, which is 2014 tech that relies on a decoy-based approach that could be vulnerable to more powerful computers in the future. Mimblewimble is just a better way to approach privacy because there is simply no data recorded in the blockchain for companies to surveil. Privacy is not just for darknet markets, porn, money launderers and terrorists. In many countries it’s dangerous to be wealthy, and there are all kinds of problems with having your spending data be out there publicly and permanently for all to see. Namely, companies like Amazon are patenting approaches to identify people with their crypto addresses, “for law enforcement” but also so that, just like credit cards, your spending data can be used to target ads. (A) Coinbase is selling user data to the DEA, IRS, FBI, Secret Service, and who knows who else? (B) What about insurance companies raising your premiums or canceling your policy because they see you buying (legal) cannabis? If your business operates using transparent cryptocurrency, competitors can data mine your customer and supply chain data, and employees can see how much everyone else gets paid. I could go on, but the idea of “I have nothing to hide, so what do I care about privacy?” will increasingly ring hollow as people realize that this money printing will have to be paid by massive tax increases AND that those taxes will be directly debited from their “Central Bank Digital Currency” wallets. 100% privacy for all transactions also eliminates one HUGE problem that people aren’t aware of yet, but they will be: fungibility. Fungibility means that each coin is indistinguishable from any other, just like paper cash. Why is this important? Because of the ever-expanding reach of AML/KYC/KYT (Anti-Money Laundering / Know Your Customer / Know Your Transaction) as regulators cramp down on crypto and banks take over, increasingly coins become “tainted” in various ways. For example, if you withdraw coins to a mixing service like Wasabi or Samourai, you may find your account blocked. (C) The next obvious step is that if you receive coins that these chainalysis services don’t like for whatever reason, you will be completely innocent yet forced to prove that you didn’t know that the coins you bought were up to no good in a past life. 3 days ago, $100k of USDC was frozen. (D) Even smaller coins like LTC now have this problem, because “Chinese Drug Kingpins” used them. (E) I believe that censorable money that can be blocked/frozen isn’t really “your money”. Epic Cash is a 100% volunteer community project (like XVG and XMR) that had a fair launch in September last year with no ICO and no premine. There are very few projects like this, and it’s a key ingredient in Verge’s success (still at $110m market cap today despite being down 97% since the bubble peak) and why it’s still around. It has a small but super passionate community of “Freemen” who are united by a belief in the sound money economics of Bitcoin Standard emission (21m supply limit and ever-decreasing inflation) and the importance of privacy. I am super bullish on this coin for the following reasons:
Only $400k market cap
Supply started at zero, so there are no VC’s and team to dump on you into the pumps - all coins are mined into existence, just like Bitcoin.
It just had its first halving, reducing emission from 16 to 8 per block. Between now and 2028 there are FOUR (!) more halvings, from 4 to 2 to 1 and then finally 0.15 (I guess that would be an 85%-ing :p) and at this point the supply is the same as BTC and stays in sync forever until the last coin is mined in 2140. This simple supply curve is already accepted by the market as a winner, so why mess with success? (I)
Meets Andreas Antonopolous’ 5 pillars of open blockchains test: Public, Open, Borderless, Neutral, and Censorship Resistant. (How many coins can say this?)
Unlike Bitcoin, Epic created a multi-algorithm approach that enables people to mine on ordinary computers - 60% for CPU on RandomX, 38% for GPU on ProgPow, and 2% for ASIC’s on Cuckoo31+. The algorithms don’t compete with one another. This is essential for leveling the playing field and preventing massive farms from dominating. These percentages can change over time and new algorithms can be easily dropped in. You can mine today using an old laptop and in 5 years you will still be able to. Incidentally, there is nothing standing in the way of adding mobile phone-based mining, which ETN showed there’s a huge demand for.
Based off the excellent Grin codebase, which means they continue to pull in ongoing core code enhancements and focus on ease of use and market penetration instead. (Smart!)
Litecoin’s Charlie Lee is out there daily talking about their move to Mimblewimble, which provides free publicity. What people don’t realize is that you can’t just bolt on Mimblewimble to a legacy blockchain, that’s like putting a Ferrari engine into a school bus - it’s still a school bus, not a race car! LTC is doing it as an optional soft fork via “extension blocks” which will not be supported by all wallets and exchanges. Also, anyone using “optional” privacy features is declaring themselves to be suspicious, which kind of defeats the point for people who care about privacy.
The community is friendly and welcoming to new people coming in, with lots of helpful (independently created) tutorials and guides. (F)
It’s already a global phenomenon, with the whitepaper in 20+ languages (G) and (not bot-infested) active local-language communities on not only Telegram but also Wechat, LINE, QQ and other messenger platforms.
It’s only on two random little exchanges currently, Citex and Vitex. Vitex is actually a pretty good DEX with no KYC and a great mobile wallet.
They are very creative - since centralized exchanges want huge money to list, they created a non-inflationary ERC20 tracker token that’s exchangeable 1:1 for coins so that Uniswap trading is possible (H)
Because it doesn’t have a huge marketing budget in a sea of VC-funded shitcoins, it is as-yet undiscovered, which is why it’s so cheap. There are only 4 Mimblewimble-based currencies on the market: MWC at $162m, BEAM at $26m, GRIN at $22m, and EPIC at $0.4m. This is not financial advice and as always, do your own research, but I’ve been buying this gem for months and will continue to. This one ticks all the boxes for me, the only real problem is that it’s hard to buy much without causing a huge green candle. Alt season is coming, and coins like this are how your neighbor Chad got his Lambo back in 2017. For 2021, McLaren is a better choice and be sure to pay cash so that it doesn’t get repossessed like Chad!
Thai Nhat Minh | Stably: First of all, can you have a brief introduction about yourself as well as about Chromia? Henrik_hjelte, Sergelubkin Henrik Hjelte: Hello. My name is Henrik Hjelte. I am Co-Founder and CEO of Chromia. I have more than 30 years of experience in programming and a degree in Economics from Uppsala University. BTW economics and computers = blockchain, so finally found a job that fits me. I was introduced to the blockchain by the leader of the colored-coins project Alex Mizrahi in 2013 Colored coins project was a very influential thing It was the first way for user created tokens bolted on to the only blockchain at the time (almost) bitcoin We started ChromaWay 2014, with Or Perelman too, to explore if the world was interested in “tokens” and those kind of applications We worked with enterprise blockchain for some time, but now we are focused on Chromia, a new public platform for mainstream decentralized applications using relational blockchain technology. Ok, maybe I should tell something about Chromia and not myself too. Chromia is a better blockchain for building decentralized Apps. better because it follows the “normal worlds” way of managing data. A little history: I found a text/description to paste: Chromia is a brainchild of ChromaWay. ChromaWay has a long record of delivering pioneering projects around the world. We issued Euros on the Bitcoin blockchain with LHV bank, allowed investors to invest in startups in a wholly decentralized way with Funderbeam, digitized the title transfer process with the Swedish land registry, and mediated the green bond market. ChromaWay’s core team created the world’s first protocol to issue tokens already in 2012, when blockchain was called “bitcoin 2.0”. Then ChromaWay introduced the relational model to enterprise blockchains with a consortium database called Postchain. Now Postchain is going public as the foundation for Chromia, a better blockchain for building decentralised Apps. Chromia is a new public blockchain based on the idea of integrating traditional databases, Relational databases with blockchain security. Chromia is a general purpose blockchain with full smart contract capabilities, just that it is a lot easier to code, even complex applications. You code with an easy to learn new programming language that combines the power of SQL and normal languages but makes it secure in a blockchain context. Up to 1/10 the code-lines vs other blockchains. If you don’t believe me, check this blog (later, stay in the chat): https://blog.chromia.com/reasons-for-rell-compactness/ The aim of Chromia is to combine relational databases, which exist in every kind of organization, with blockchains. We want to provide a platform for our users to develop totally decentralized apps securely. Our goal is for Chromia to be seen as the number one infrastructure for decentralized applications. Think about it: blockchain is about managing data (in a shared context). And… What do we use to manage data? A Database! Serge: Sure! My name is Serge! And I work in Chromia marketing department. Also, I help coordinate various projects inside the company My background is in Economics and Marketing Thai Nhat Minh | Stably: Question 1️⃣ DApp is currently mainly concentrated in the field of games, and its life cycle is basically short, just like the Crypto Kitty is only hot for a while, how to dig the application of DApp in more fields and how to improve the utilization rate of DApp? u/henrik_hjelteu/sergelubkin Serge: Good one, let me answer Gaming is quite a challenging target because good UX is expected, it needs to be fast, responsive, etc. If we can do that, then we can also do all sorts of other stuff. Also, it lets us experiment with things without a lot of hassle, it’s easier to get users, and so on. It’s also a growing niche within blockchain. You can check our latest game, Mines of Dalarnia https://www.minesofdalarnia.com We also have Enterprise projects already, for example Green Assets Wallet https://greenassetswallet.org/about that already launched on the first Mainnet version called Bootstrap Net,we also have https://capchap.se built on our tech, more projects like non-profit review platform Impactoria, public land registries, medical projects and so on Also don’t forget about our fully decentralized social network/forum that is live already on the testnet https://testnet.chromunity.com. Thai Nhat Minh | Stably: Question 2️⃣ How will dapp face the world change after the epidemic? u/henrik_hjelteu/sergelubkin Henrik Hjelte: Nobody can say for sure, but maybe people will tend to be online more than offline, so demand on online products and dapps as well will increase. I just came in from an internal demo of a secret project we do, and it can be seen as a way to hang out online (a bit cryptic answer) There are also interesting use cases of dapps in the medical field. For example, we participated in the world-wide hackathon Hack for Sweden. Where our submission was to create an app on Chromia blockchain that increases the coordination between countries and hospitals especially during the hard time and COVID19. Chromia wants to help the European Union (and the world, but we saw problems in the EU…) and its citizens to provide transparency over the necessary medical and protective devices and appliances of which we see shortage during this emergency crisis. You can watch our promo here https://twitter.com/chromaway/status/1247557274337447938?s=20. For me it was a fun Hackathon too because for once I got the opportunity to code… I told everyone else I will not do any bossing… We try to continue this path on medical applications a bit. Thai Nhat Minh | Stably: Question 3️⃣ DApps are still not directly embedded in mobile phones like Apps at this moment, and DApps have also been flooded with bet content. How can guests increase the use of DApps and lower the threshold for using DApps? u/henrik_hjelteu/sergelubkin Serge: The answer is — better User Experience. We believe that in order for a DApp to be usable and become more widely accepted it has to feel like a normal App. A DApp needs to have quick transactions, scale well & shouldn’t require users to pay for each transaction. This is something that is possible now with using Chromia. It’s an extremely exciting time since we are going to see a new generation of DApps. On top of that, we think that we might have an ace coming up. We have built a game to demonstrate the powers and possibilities of Chromia. A little bit about the game: In Mines of Dalarnia (https://www.minesofdalarnia.com), players get to explore the vast expanses of interplanetary treasure mines. With an innovative Dalarnia Token system, players can purchase virtual mining plots, and put them up for rent into the community, allowing for real-estate tycoons to earn more Tokens. Mining plots can also undergo their own upgrades, making them more lucrative to explore, as well as a hot property for rental by miners. The game takes advantage of these NFT-based tokens to securely track exchanges, and provide a sense of ownership and wealth to players as they grow their mining and resource empire. Watch our trailer https://youtu.be/bDXKOp1Asqw and sign-up for the TestNet on the website! Thai Nhat Minh | Stably: Question 4️⃣ Many practitioners think that the main reason for restricting the development of DApp is “incomplete infrastructure”. How effective is the current “cross-chain” and “side-chain” solution? u/henrik_hjelteu/sergelubkin Serge: Our infrastructure resembles Alibaba Cloud, so a DApp developer just goes and deploys his DApp’s blockchain into it, it’s easy. Also our language Rell https://rell.chromia.com/en/maste is more robust than any other blockchain programming language.Or Azure or AWS Rell combines the following features:
Relational data modeling and queries similar to SQL. People familiar with SQL should feel at home once they learn the new syntax.
Normal programming constructs: variables, loops, functions, collections, etc.
Constructs which specifically target application backends and, in particular, blockchain-style programming including request routing, authorization, etc.
Rell aims to make programming as convenient and simple as possible. It minimizes boilerplate and repetition. At the same time, as a static type system it can detect and prevent many kinds of defects prior to run-time. Maybe Henrik wants to add something. :) Henrik Hjelte: Yes, I can add some thing Consider again the real /normal world. What made the apps you use every day? Behind the bank app is a relational database. Web 1.0, “shopping on the internet” was a relational database hooked up to a webpage. web 2.0: Thefacebook was PhP and MySQL hack again, a relational database. So, we aim to make it just as easy to do decentralized apps as normal apps. Also “the cloud” inspiration is more normal. In Chromia, the dapp developer pays for hosting the application (normally). Not the USERS. No gas,this is a big usability improvement. Thai Nhat Minh | Stably: Question 5️⃣ There are many DApp development platforms on the market. What are the competitive advantages of Chromia? It can be explained in terms of development cost and ease of use that everyone is more concerned about. u/henrik_hjelteu/sergelubkin Henrik Hjelte: This what I’m talking about. I think “Ease of use” combined with “Power” is our biggest strength. Easiness is our core feature thanks to the relational database aspect of our system. Relational databases are run by 85% of the enterprise market at the moment. And used in 100% of all organizations. The largest vendor on that market Oracle, has a bigger market cap than bitcoin, So, this makes it easy for enterprises to integrate our tech stack to their normal systems without the need to redo them, like in most cases where blockchain pilots have failed. That’s partially why we had success with enterprise customer which are live in the Chromia network. And: there is a large set of features that relational databases have that alternatives (noSQL) do not have or do not do as well. And blockchain is very primitive compared to that. Data indepence, mathematical foundations etc. Large books have been written about it… On Chromiam It’s very easy for developers to deploy DApps because they already know SQL-style programming. Keep in mind that we worked with customers and developers to build our tech stack while solving problems for them. We didn’t build something unneeded, we had proof of validation from the market. SQL is top 3rd language in the world (after HTML and javascript). source: stackoverflow survey 2019, among 90 000 developers… Top 4 used databases: different flavors of SQL (relational databases) So, they are used for a reason: Ease of use/programming, power etc. Also, Rell is our language, is statically typed (means bugs are discovered when programs are written rather than we they run). It is also more compact, up to 1/7 of the code lines of SQL. And have “normal” programming constructs + blockchain programming built in. Because we require both relational database properties and more security than SQL, currently Rell is the only choice. It is really easy to learn, please go check https://rell.chromia.com/en/maste. Chromia also provides news to the database developer community…. millions of developers in potential. OK, bear this in mind when you wonder how we can compete with blockchain X… Blockchain X is a fart in the ocean compare to the SQL world 😊 Bach Tuyet You have organized many AMA sessions to the international community in general and Vietnam in particular. What do you most want to get after AMA sessions from the community? u/henrik_hjelte Sergey I’ll take this one:) our goal is to grow the community
We want people to join our channels such as telegram, twitter, email also our decentralized forum https://testnet.chromunity.com and participate in discussions
We want people to try our dapps such as Mines of Dalarnia
We want to get feedback and understand the most important issues people care about Chromia and the blockchain industry in general
We want to get more developers building on top of Chromia
LBTS: What was your motivation for creating RELL and not use other languages? What benefits? Why name it RELL also? Henrik Hjelte: We have a private/federated relational blockchain called Postchain, and it allows SQL. But that can work in a small environment when you know all parties, and if you are really careful in checking code. But not for a more secure, distributed on the web setup, so we had to make it more secure (Deterministic, statically typed). In the process, we also took the opportunity to make it cool and nice. Also: it is simply not possibly to use evm, jvm, or web assembly. We need/want a database in the bottom. Postgresql is our virtual machine. You do not reimplement that…. 10+ years codebase…. Lee: Being part of the gamer community, I would like to know what you would think about collaborating with a MOBA, RPG or Arcade game or some kind of project? Henrik Hjelte: We are already collaborating with some smaller studios. For bigger fish, we want to show them what is completely unique and visionary with Chromia, and we think we need various examples. So, first arcade game MoD (linked above) is one example, it is not the full potential or anything but a start. In this summer, krystopia 2 a puzzle game from Antler Interactive will be released. What is even cooler is the “demo project” we do together with them, where we will show how a mutliplayer game with real blockchain features will work. I just saw it an hour ago and was blown away OH, and there is another studio releasing something very cool. Full logic on chain strategy game. Chain of Alliance. oyibo pepper: Do you encourage HACKATHON programs for intending Developers to test their skills and build on RELL Can you explain more about CHROMIA AMBASSADORS PROGRAM, CAN I BECOME AN AMBASSADOR Serge: Yes, you can, but you will need to change your avatar 🤣 Seriously, we are growing our Chromians community if you want to become one please ping our admins in Chromia telegram group. Also, we are planning virtual hackathons soon, please subscribe to stay updated Infinite Crypto: Since the Chromia project is currently working on the Ethereum blockchain ERC20 standard! But we know that there are a lot of scalability issues with Ethereum, so why would you choose the Ethereum blockchain over other scalable blockchains? Do you have any plans for Mainnet launch of Chromia? Henrik Hjelte: ETH is just used in a pre-phase for tokens. We will have our own mainnet tokens interchangable with ETH. Oyinbo pepper What’s CHROMIA SSO and SDK, how can I get started Henrik Hjelte Both are 3 letters. That is what they have in common. SDK = software development kit, check docs on https://rell.chromia.com SSO = single sign on. A unique UX improvement. You approve an app in your wallet (vault) with super ease. no need to remember codes sso: https://blog.chromia.com/chromia-sso-the-whys-and-the-whats/ We have a fundamentally different model from bitcoin and ethereum and the likes. The blockchain is not run by anonymous computers in basement and student dorms across the world. We have more of known identities, so 51% attacks is protected not by PoW/PoS but other consensus. Please see our whitepaper. Note that we are not noobs when it comes to this, our CTO Alex has published papers in academic journals on consensus etc. from 2013, and done several important ideas for blockchain. Sidechains we think he was first with, tokens too. Sheron Fernando: Is there any plan to makes partnership with local cryptocurrency developers from each country to make $CHR usage more worldwide? Serge: Yes, we are looking for cooperation with more external developers. Send me a message if you are interested in developing something on Chromia. Stella: What are the underlying problems in the Dapps today that can be solved with the Chromia protocol? Serge:
Scalability — on Chromia your dapp can have unlimited numbers of users thanks to parallel scaling
Easiness of use — you don’t need external wallets, no need to buy crypto to pay for gas etc
Cost — in general to deploy the dapp and to use the dapp
Marcel Lagacé: Why build this platform? What is Chromia mission? What are the most prominent features of the platform? Can you clarify the use case for this feature? Henrik Hjelte: We build the platform to fix the problems with blockchains, that we ourselves have experienced since 2014 (before ethereum existed). LBTS: Can you tell us about Chromia developers? How motivated and experienced are they to always deliver the best products? Henrik Hjelte: I can tell you that we recruit developers that are really good, from all parts of the world. Vietnam has been a hub because we found many good, so in Ukraine. How can we say “we have so good developers”? First one thing that is a bit different is that we are pretty experienced in leadership team of development. I do not code much anymore since I’m a CEO. But I do have now over 30 years of experience. Got published and was payed when I was 15. First full-time professional developer job at 18. Have released open-source projects used by 10: s of thousand developers. And Alex, our CTO is Extremely good. That is why I recruited him to my old startup 2006 or so… So: we have experience to sort out good developers from bad. Marcel Lagacé: Does Chromia staking model is different from other staking platform?? What are the beneficial advantages of chromia staking system? Serge: The main difference is that we have independent Providers, entities that are not connected. These serious players are exchanges, data centres, professional staking companies. They provide a backbone of the ecosystem and host dapps. Like Amazon servers in the cloud. They cannot have stake bigger than the maximum thus they can’t control the network. This is probably the main difference with classic DPoS networks Nguyen Duy Bao: A lot of people will want to know what the strength of Chromia is but I want to know the weaknesses and problems Chromia faces ? How do you plan to solve it? Henrik Hjelte: A weakness I guess is weak compared to “competition”. And there are some blockchain projects that got crazy amount of funding. So how can we compete with that, when they can hire more developers for example? Well here is what experience comes into play: More developers does not always increase productivity a lot, it is diminishing returns. You can see many large projects, with 100 of developers fail miserably with no results. And actually, sometimes true with marketing spend too. It is generally good with money, but if you are a bit clever you can compete also on marketing with less money than your competition. Please follow Chromia on Social Media: Website: https://www.chromia.com Twitter: https://twitter.com/chromia FaceBook: https://www.facebook.com/teamchromia LinkedIn: https://www.linkedin.com/company/chromia Telegram: https://t.me/hellochromia Decentralized Social network Chromunity: https://testnet.chromunity.com Free-to-Play Blockchain Game Mines of Dalarnia: https://www.minesofdalarnia.com
Final version 1.3.0 of the core software was released bringing all the enhancements reported last month to the rest of the community. The groundwork for SPV (simplified payment verification) is complete, another reduction of fees is being deployed, and performance stepped up once again with a 50% reduction in startup time, 20% increased sync speed and more than 3x faster peer delivery of block headers (a key update for SPV). Decrediton's integrations of SPV and Politeia are open for testing by experienced users. Read the full release notes and get the downloads on GitHub. As always, don't forget to verify signatures. dcrd: completed several steps towards multipeer downloads, improved introduction to the software in the main README, continued porting cleanups and refactoring from upstream btcd. Currently in review are initial release of smart fee estimator and a change to UTXO set semantics. The latter is a large and important change that provides simpler handling, and resolves various issues with the previous approach. A lot of testing and careful review is needed so help is welcome. Educational series for new Decred developers by @matheusd added two episodes: 02 Simnet Setup shows how to automate simnet management with tmux and 03 Miner Reward Invalidation explains block validity rules. Finally, a pull request template with a list of checks was added to help guide the contributors to dcrd. dcrwallet: bugfixes and RPC improvements to support desktop and mobile wallets. Developers are welcome to comment on this idea to derive stakepool keys from the HD wallet seed. This would eliminate the need to backup and restore redeem scripts, thus greatly improving wallet UX. (missed in July issue) Decrediton: bugfixes, refactoring to make the sync process more robust, new loading animations, design polishing. Politeia: multiple improvements to the CLI client (security conscious users with more funds at risk might prefer CLI) and security hardening. A feature to deprecate or timeout proposals was identified as necessary for initial release and the work started. A privacy enhancement to not leak metadata of ticket holders was merged. Android: update from @collins: "Second test release for dcrandroid is out. Major bugs have been fixed since last test. Latest code from SPV sync has been integrated. Once again, bug reports are welcome and issues can be opened on GitHub". Ask in #dev room for the APK to join testing. A new security page was added that allows one to validate addresses and to sign/verify messages, similar to Decrediton's Security Center. Work on translations is beginning. Overall the app is quite stable and accepting more testers. Next milestone is getting the test app on the app store. iOS: the app started accepting testers last week. @macsleven: "the test version of Decred Wallet for iOS is available, we have a link for installing the app but the builds currently require your UDID. Contact either @macsleven or @raedah with your UDID if you would like to help test.". Nearest goal is to make the app crash free. Both mobile apps received new design themes. dcrdata: v3.0 was released for mainnet! Highlights: charts, "merged debits" view, agendas page, Insight API support, side chain tracking, Go 1.11 support with module builds, numerous backend improvements. Full release notes here. This release featured 9 contributors and development lead @chappjc noted: "This collaboration with @raedahgroup on our own block explorer and web API for @decredproject has been super productive.". Up next is supporting dynamic page widths site wide and deploying new visual blocks home page. Trezor: proof of concept implementation for Trezor Model T firmware is in the works (previous work was for Model One). Ticket splitting: updated to use Go modules and added simnet support, several fixes. docs: beginner's guide overhaul, multiple fixes and cleanups. decred.org: added 3rd party wallets, removed inactive PoW pools and removed web wallet. @Richard-Red is building a curated list of Decred-related GitHub repositories. Welcome to new people contributing for the first time: @klebe, @s_ben, @victorguedes, and PrimeDominus! Dev activity stats for September: 219 active PRs, 197 commits, 28.7k added and 18.8k deleted lines spread across 6 repositories. Contributions came from 4-10 developers per repository. (chart)
Network
Hashrate: started and ended the month around 75 PH/s, hitting a low of 60.5 and a new high of 110 PH/s. BeePool is again the leader with their share varying between 23-54%, followed by F2Pool 13-30%, Coinmine 4-6% and Luxor 3-5%. As in previous months, there were multiple spikes of unidentified hashrate. Staking: 30-day average ticket price is 98 DCR (+2.4). The price varied between 95.7 and 101.9 DCR. Locked DCR amount was 3.86-3.96 million DCR, or 45.7-46.5% of the supply. Nodes: there are 201 public listening nodes and 325 normal nodes per dcred.eu. Version distribution: 5% are v1.4.0(pre) dev builds (+3%), 30% on v1.3.0 (+25%), 42% on v1.2.0 (-20%), 15% on v1.1.2 (-7%), 6% on v1.1.0. More than 76% of nodes run v1.2.0 and higher and therefore support client filters. Data as of Oct 1.
ASICs
Obelisk posted two updates on their mailing list. 70% of Batch 1 units are shipped, an extensive user guide is available, Obelisk Scanner application was released that allows one to automatically update firmware. First firmware update was released and bumped SC1 hashrate by 10-20%, added new pools and fixed multiple bugs. Next update will focus on DCR1. It is worth a special mention that the firmware source code is now open! Let us hope more manufacturers will follow this example. A few details about Whatsminer surfaced this month. The manufacturer is MicroBT, also known as Bitwei and commonly misspelled as Bitewei. Pangolinminer is a reseller, and the model name is Whatsminer D1. Bitmain has finally entered Decred ASIC space with their Antminer DR3. Hash rate is 7.8 TH/s while pulling 1410 W, at the price of $673. These specs mean it has the best GH/W and GH/USD of currently sold miners until the Whatsminer or others come out, although its GH/USD of 11.6 already competes with Whatsminer's 10.5. Discussed on Reddit and bitcointalk, unboxing video here.
Integrations
Meet our 17th voting service provider: decredvoting.com. It is operated by @david, has 2% fee and supports ticket splitting. Reddit thread is here. For a historical note, the first VSP to support ticket splitting was decredbrasil.com:
@matheusd started tests on testnet several months ago. I contacted him so we could integrate with the pool in June this year. We set up the machine in July and bought the first split ticket on mainnet, using the decredbrasil pool, on July 19. It was voted on July 30. After this first vote on mainnet, we opened the tests to selected users (with more technical background) on the pool. In August we opened the tests to everyone, and would call people who want to join to the #ticket_splitting channel, or to our own Slack (in Portuguese, so mostly Brazilian users). We have 28 split tickets already voted, and 16 are live. So little more than 40 split tickets total were bought on decredbrasil pool. (@girino in #pos-voting)
KuCoin exchange listed DCBTC and DCETH pairs. To celebrate their anniversary they had a 99% trading fees discount on DCR pairs for 2 weeks. Three more wallets integrated Decred in September:
Atomic desktop wallet added Decred in version 0.1.31. The team answered many questions on Reddit.
AnyBit wallet added Decred. It features built-in price and news tracking. Notably, the source code is open for their Android and iOS wallets.
Coboadded Decred support into their Android and iOS wallets.
ChangeNow announced Decred addition to their Android app that allows accountless swaps between 150+ assets. Coinbase launched informational asset pages for top 50 coins by market cap, including Decred. First the pages started showing in the Coinbase app for a small group of testers, and later the web price dashboard went live.
Adoption
The birth of a Brazilian girl was registered on the Decred blockchain using OriginalMy, a blockchain proof of authenticity services provider. Read the full story in Portuguese and in English.
Marketing
Advertising report for September is ready. Next month the graphics for all the ads will be changing.
Marketing might seem quiet right now, but a ton is actually going on behind the scenes to put the right foundation in place for the future. Discovery data are being analyzed to generate a positioning strategy, as well as a messaging hierarchy that can guide how to talk about Decred. This will all be agreed upon via consensus of the community in the work channels, and materials will be distributed. Next, work is being done to identify the right PR partner to help with media relations, media training, and coordination at events. While all of this is coming up to speed, we believe the website needs a refresher reflecting the soon to be agreed upon messaging, plus a more intuitive architecture to make it easier to navigate. (@Dustorf)
Events
Attended:
Raedah Group went on the streets of Portland, USA with a pretty blue tent. (photos)
Meetup at Binzantin Cafe in Taipei, Taiwan. @morphymore: "There were 20-ish attendees, and about half of them have joined the Chinese FB group. Most of them don't hear about Decred before, but have expressed the interest in learning more about it after the event. Overall, it's a good exposure for Decred in the Taiwan community.". A report with photos was posted on Facebook, more photos are here and here.
@joshuam made a Decred Jacket appearance at Singapore Grand Prix. (photos)
NewTech PDX meetup in Portland, USA. Raedah Group presented Decred and reported "lots of new converts". (photos)
North Shore Bitcoin & Blockchain in Glenview, USA. @dustorf gave a five minute overview of Decred and noted: "There were only about 25 people, but about 1/3 of them were aware of Decred prior. (...) Our simple presence and explanation of the project moved opinion from 'another shitcoin they sold after mining' to 'an interesting and viable project worthy of further investigation'.". (photos: 12)
Bitcoin Meetup CDMX in Mexico City on Oct 6. @elian will be talking about Decred at the oldest Bitcoin meetup in Mexico.
SF Blockchain Week in San Francisco, USA on Oct 9. @lukebp will discuss DPoS vs PoS on a panel 9:30a-10:15a at the Titans of Tech Stage, Hilton Union Square.
Decred Meetup in Casablanca, Morocco on Oct 27. @butterfly will host the event and talk about Decred in French.
Texas Bitcoin Conference Austin, USA on Oct 27-28. @BAB: "The great thing about this is that it will also be a Decred Summit. We will have half of the conference dedicated to Decred topics, updates, etc."
Websummit in Lisbon, Portugal on Nov 5-8. @moo31337 will be on a panel discussing "2018: A Rollercoaster Year for Cryptocurrencies"
We'll begin shortly reviewing conferences and events planned for the first half of 2019. Highlights are sure to include The North American Bitcoin Conference in Miami (Jan 16-18) and Consensus in NYC (May 14-16). If you have suggestions of events or conferences Decred should attend, please share them in #event_planning. In 2019, we would like to expand our presence in Europe, Asia, and South America, and we're looking for community members to help identify and staff those events. (@Dustorf)
Media
August issue of Decred Journal was translated to Russian. Many thanks to @DZ! Rency cryptocurrency ratings published a report on Decred and incorporated a lot of feedback from the community on Reddit. September issue of Chinese CCID ratings was published (snapshot), Decred is still at the bottom. Videos:
The underbelly of blockchain Governance - fiat licensing and our code with Marco Peerboom and Chris DeRose (youtube, tweet, decred, missed in August issue) Insightful dialogue about men's underwear, licenses, subtleties of GPL, BSD wars, tiling window managers and much more.
Introduction to Decred (Korean, youtube) @Killawhale collected a lot of feedback from the community and produced this video to spread the word in Korea.
Perspectives on Governance from Nathan Wilcox, Jonathan Zeppettini, Vitalik Buterin (z.cash)
Decred - an example of governance (Portuguese, youtube)
Decred, the crypto that wants to compete with Bitcoin (French, youtube)
Exodus.io Live with Marco from Decred! (youtube) Marco joins Exodus.io to discuss what makes DCR an asset that will stand the test of time.
Building Decred With Systems Development Lead Marco Peereboom - Governance, Politeia, Lightning (youtube) Topics: early days, Politeia, the structure of Decred, dcrtime, Lightning Network, attracting users and developers, future plans (DEX, Schnorr signatures, privacy, DAEs).
Featured articles:
Decentralized autonomous funding of blockchain projects by @Richard-Red (medium, discussion on decred and dashpay)
The trouble with infrastructure, "thin" protocols in particular, is that someone has to build them at a cost. e.g. LN takes a ton of work, doesn't necessarily generate value itself, but it magnifies the value of BTC or whatever coin that uses it. I see the DEX in a similar light - whoever creates it is not going to make a bunch of money from it, but it will magnify the value of the underlying asset(s) that end up having a deep order book on the DEX. (@jy-p in #dex)
Twitter: why decentralized governance and funding are necessary for network survival and the power of controlling the narrative; learning about governance more broadly by watching its evolution in cryptocurrency space, importance of community consensus and communications infrastructure. Reddit: yet another strong pitch by @solar; question about buyer protections; dcrtime internals; a proposal to sponsor hoodies in the University of Cape Town; Lightning Network support for altcoins. Chats: skills to operate a stakepool; voting details: 2 of 3 votes can approve a block, what votes really approve are regular tx, etc; scriptless script atomic swaps using Schnorr adaptor signatures; dev dashboard, choosing work, people do best when working on what interests them most; opportunities for governments and enterprise for anchoring legal data to blockchain; terminology: DAO vs DAE; human-friendly payments, sharing xpub vs payment protocols; funding btcsuite development; Politeia vote types: approval vote, sentiment vote and a defund vote, also linking proposals and financial statements; algo trading and programming languages (yes, on #trading!); alternative implementation, C/C++/Go/Rust; HFTs, algo trading, fake volume and slippage; offline wallets, usb/write-only media/optical scanners vs auditing traffic between dcrd and dcrwallet; Proof of Activity did not inspire Decred but spurred Decred to get moving, Wikipedia page hurdles; how stakeholders could veto blocks; how many votes are needed to approve a proposal; why Decrediton uses Electron; CVE-2018-17144 and over-dependence on single Bitcoin implementation, btcsuite, fuzz testing; tracking proposal progress after voting and funding; why the wallet does not store the seed at all; power connectors, electricity, wiring and fire safety; reasonable spendings from project fund; ways to measure sync progress better than block height; using Politeia without email address; concurrency in Go, locks vs channels. #support is not often mentioned, but it must be noted that every day on this channel people get high quality support. (@bee: To my surprise, even those poor souls running Windows 10. My greatest respect to the support team!)
Markets
In September DCR was trading in the range of USD 34-45 / BTC 0.0054-0.0063. On Sep 6, DCR revisited the bottom of USD 34 / BTC 0.0054 when BTC quickly dropped from USD 7,300 to 6,400. On Sep 14, a small price rise coincided with both the start of KuCoin trading and hashrate spike to 104 PH/s. Looking at coinmarketcap charts, the trading volume is a bit lower than in July and August. As of Oct 4, Decred is #18 by the number of daily transactions with 3,200 tx, and #9 by the USD value of daily issuance with $230k. (source: onchainfx) Interesting observation by @ImacallyouJawdy: while we sit at 2018 price lows the amount locked in tickets is testing 2018 high.
Relevant External
ASIC for Lyra2REv2 was spotted on the web. Vertcoin team is preparing a new PoW algorithm. This would be the 3rd fork after two previous forks to change the algorithm in 2014 and 2015. A report titled The Positive Externalities of Bitcoin Mining discusses the benefits of PoW mining that are often overlooked by the critics of its energy use. A Brief Study of Cryptonetwork Forks by Alex Evans of Placeholder studies the behavior of users, developers and miners after the fork, and makes the cases that it is hard for child chains to attract users and developers from their parent chains. New research on private atomic swaps: the paper "Anonymous Atomic Swaps Using Homomorphic Hashing" attempts to break the public link between two transactions. (bitcointalk, decred) On Sep 18 Poloniex announced delisting of 8 more assets. That day they took a 12-80% dive showing their dependence on this one exchange. Circle introduced USDC markets on Poloniex: "USDC is a fully collateralized US dollar stablecoin using the ERC-20 standard that provides detailed financial and operational transparency, operates within the regulated framework of US money transmission laws, and is reinforced by established banking partners and auditors.". Coinbase announced new asset listing process and is accepting submissions on their listing portal. (decred) The New York State Office of the Attorney General posted a study of 13 exchanges that contains many insights. A critical vulnerability was discovered and fixed in Bitcoin Core. Few days later a full disclosure was posted revealing the severity of the bug. In a bitcointalk thread btcd was called 'amateur' despite not being vulnerable, and some Core developers voiced their concerns about multiple implementations. The Bitcoin Unlimited developer who found the bug shared his perspective in a blog post. Decred's vision so far is that more full node implementations is a strength, just like for any Internet protocol.
About This Issue
This is the 6th issue of Decred Journal. It is mirrored on GitHub, Medium and Reddit. Past issues are available here. 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. Feedback is appreciated: please comment on Reddit, GitHub or #writers_room on Matrix or Slack. Contributions are also welcome: some areas are adding content, pre-release review or translations to other languages. Credits (Slack names, alphabetical order): bee, Dustorf, jz, Haon, oregonisaac, raedah and Richard-Red.
I just wanted to take the time to extend u/rrockwe1's interpretation of the game, as it was succinct and similar to where I instinctually landed. Actually, this turned into more of a provocation - I'm looking as to whether this is even the right direction rather than if I've stuck all the details. Sloppy, I know. https://www.reddit.com/NeverBeGameOvecomments/bfzd79/the_ruse_is_the_lack_of_ruse/ Conspiracy is the "heart of the MGS" series, but I would add - as it's flavored by the technological mediums we partake in. The games are not traditional games but loosely connected simulations to discover a conspiracy and the power dynamics of those involved at the top of it. Not unlike our own world. Setup: To start, I would highly recommend everyone on this sub to check out Dan Carlin's SuperNova in the East episode 1. The "incidents" he talks about each play out like a Metal Gear game. We can't forget that Kojima, born in 63, is reacting to events that happened in the immediate generation prior, as we all do. Think Marshall McLuhan's idea of the rear-view mirror while listening. For this interpretation, the relevant takeaway from the podcast is that due to the changes in communication technologies from the industrial revolution, the equilibrium for conflict settled into subterfuge. It was when Japan became sloppy with this new normal (like a winning poker player staying at the table for too long) and accidentally ushered this country towards the most important identity-altering period (WW2) since the Meiji Restoration. For Kojima, I'm imagining/empathizing that if you don't understand this phase shift you don't understand your reality, an American reconstructed post-nuclear Mc-Meiji mess. Now how does this relate to us internetted folk with our new communication mediums? Id love to also introduce this sub to Jordan Greenhall. In the linked post, he goes on to analyze the QAnon phenomenon and is able to abstract some properties that are very reminiscent of what I experienced through NBGO.
Q is the most recent and most important example of a widely distributed self-organizing collective intelligence. We’ve actually seen many precursors. Cicada 3301 is a famous example. Even the I Love Bees ARG for Halo 2. Perhaps Bitcoin is the most important precursor to Q. These “self-organizing collective intelligences” (SOCI), are a new kind of socio-cultural phenomenon that is beginning to emerge in the niche created by the Internet. They involve attractive generator functions dropped into the hive mind that gather attention, use that attention to build more capacity and then grow into something progressively real and self-sustaining. The Q SOCI is, for the most part, about sensemaking. It is combing through the billions of threads of “what might be real” and “what might be true” that have been gathered into the Internet and it is slowly trying to weave them into a consistent, coherent and congruent fabric.
I, like u/rrockwe1, think this ruse was designed. Meta-gaming design is not unheard of in videogames before as another favorite game of mine, FEZ, pulled a similar move in a simpler form. Also a Gamasurtra article on the design style:
"There's a fourth really big influence that I haven't been honest about," Fish continued. "Myst. There's a lot of Myst in Fez, in fact I'd call it a 'Mystroidvania.' It's a huge open nonlinear world, with lots of super obtuse metapuzzles everywhere. The world has its own alphabet and numeric system." "I don't know if that is still going to fly today, that's a school of design that's really very old school. There's a high barrier of entry for that second part to the game, and I hope there will be things that will take internet forums weeks to decipher. I want people to talk about that weird thing that they don't think they were supposed to find in Fez."
To begin: Now we all know Kojima has had mixed feelings towards his own series as he's intended every MGS from 2 onward to be the last in the series (most likely returning due to corporate pressure). This quote from 2014 about MGSV is telling:
"So in a way I guess I'm taking advantage of that to try new things, because every time I work on any game, be it Metal Gear or something else, I try to make new things. So for me, my challenge right now working on Metal Gear is, while preserving the elements that make it Metal Gear, to do all the new things I really want to do."
He's kept things new by innovatively making marketing Metal Gear part of the game experience; bringing an added self-awareness to gaming, fandom, and technology. While the Fez Meta-game was designed to solve newly enabled internet-forum-oriented puzzles, the metal gear Meta-games have been much more difficult to interpret, as they are often part of the artistic statement. However, Kojima has deliberately moved "the game" aspect to encapsulate before, during and now After release*.* Thus as this relates to MGSV, I believe NGBO and similar sensemaking forums will go down as part of "the game" just as much as we can easily state that Metal Gear Marketing before release has been part of each other game in the series. What is MGS2 if you didn't pay attention to the codec briefing marketing of the game. For me though, MGSV is an artistic attempt whose meta-game is an attempt to implode the series's own need for more Canon while simultaneously commenting brilliantly on the reality around him. Imploding Canon - Kojima on Fandom Can the quest for further interpretation fuel and mask different needs (like a need to simulate violence) and can that devolve into self-defeating patterns or as Skullface put it "an endless loop of action and reaction?" Do we play metal gear to gain an understanding of Kojima's critical worldview (anti-war, anti-nuclear, anti-authority themes) or to get gratifying rushes of pixelated violence that glorify what he condemns? These questions are what have plagued the metal gear universe, with the "action and reaction" being fan adulation of a new installment in the series -> leading to corporate pressure -> leading to another unplanned sequel with an intended aesthetic to make us realize the absurdity of the universe he's constructed -> only for our interpretations to fall partially flat on release -> leading to fan adulation... However, this exact dilemma we fans face when playing a metal gear game is nearly identical to those the characters face in MGSV. The need for more canon becomes self-defeating for the likes of Kaz, Venom, and SkullFace trying to enact revenge. Kaz and Venom need the canon to continue so they can manifest new objects for their revenge - which is the intent of the drawn-out nature of the second act. We, as players, seek something as deeply unmet as the characters in MGSV's need for revenge is. This juxtaposition is an attempt at making you self-aware about this - to reflect back the tragically flawed state its characters inhabit on to you and draw the connection to your fandom. This is a game not lacking in canon but is anti-canon. Canon that consumes the need for further canon. The only constructive answer he gives is "to exit", which is embodied via Quiet's character. Quiet, written, displayed, and expressed with purposeful alignment to nearly every stereotypical Videogame trope on women, is a prisoner of the medium she's embedded within. She exits her role within the canon when sexually assaulted by a soldier (a proxy for videogamers at large) or to put it another way, when her role was taken to it's extreme (shock therapy). We need to do the same as Metal Gear fans who are cast within the game as Venom. With his anti-canon deployed, Kojima can now "exit" in peace that the series is put to rest psychically for fans. Instead of clamoring for more. How "to exit" - or how Kojima prepared me for the 21st century MGSV's narrative is bare bones on the surface but speaks volumes to hardcore Metal Gear fans. You, as part of the most knowledgable/obsessive sect of Metal Gear fans, know something is up with this game. Something hasn't sat right in your gut and it continually doesn't sit right. Thus, you naturally sought solace and understanding within a place like NGBO. We came together and exhausted every possible interpretation we could think of as to what this game is. We started doing the homework, building our best ideas and challenged simplistic notions. This collaboration via learning to definitively seek truth as a group is the point of the Ruse Cruise and serves as the antithesis of MGS2's outlook. Now if you are Kojima, what would build this muscle the best within your fans?
Create a conspiracy, reveal its truth, and reward fans for their hardcore vigilance
Fabricate all the necessary parts for the facade of a conspiracy yet deliberately having none to force fans through the emotional ringer of figuring out what is true. A gaslighting job.
For me, I settled on it being the latter which truly pushed me as to what was healthy, valid, and useful to believe in. The meaning and wisdom from this game was transmitted/felt for me once I "exited" and realized the insanity I let myself believe. In this interpretation, we serve as art form to others - showing what happens when a fanbase loses its collective mind and pieces it back together again. Now, why would anyone want to encourage this group behavior? Marshall McLuhan has another nifty quote that points us in the right direction with this:
"World War III is a guerrilla information war with no division between military and civilian participation."
There's this running joke within the ChapoTrapHouse fan community (not a fan, I just observe where metal gear gets talked about) that life is beginning to resemble a Metal Gear game. Biologically genetically altered dystopia, check. Insider leaks of grand governmental conspiracies, check. Zany political characters seizing power, check. Metal Gear Solid V's Ruse cruise was a simulation for a reality that's to come/is here like how MGS2 was a simulation for MGS1. We know we are lied to by authorities and we know the internet is a mess at being an alternative. Thus, Chaos. For Kojima, my guess is that he wanted to kickstart a version of grassroots behavior that will be important in combatting this "truth recession," because telling us via MGS1-4 doesn't seem to work in changing people's behavior, we have to actually crash and burn in doing it. WW3 is here, we got a slice of training. Thanks For the Read :) Also, (my edgiest take is that I think he's embodying his own vision from MGSV. Kojima is Ahab/Venom for Death Stranding's development).
BOLT (3 versions, Unidirectional, bi, and third party)
Lightning + anon HTLC vs Tumblebit vs Bolt
ValueShuffle: Mixing Confidential Transactions \ Tim Ruffing \ T3
Bitcoin is not private, Address links have been made
CoinJoin
Peer to Peer (P2P) Mixing - Multiple addresses per user
If protocol disrupted break anonymity
Mixing Sucks
CoinJoin as it should be, sig aggregation Bellare-Neven, saves time, space, and privacy
Variants of DiceMix, DiceMix Light
ValueShuffle
Scalability
FlyClient: Super Light Clients for Cryptocurrencies \ Benedikt Bünz (Stanford University) \ T4
Block Headers \ Hash Tree
Longest Chain Rule
SPV Properties and Problems
NiPoPoWs
Merkle Mountain Ranges
FlyClient
BlockSci: a Platform for Blockchain Science and Exploration \ Harry Kalodner (Princeton University) \ T5
Demand analysis
Velocity of Bitcoin
Store of Value
Understanding Wallets
Open Source Python project
High performance \ Functionality
BlockSci
Privacy
Graphene: A New Protocol for Block Propagation Using Set Reconciliation \ Brian N. Levine (College of Information and Computer Sciences, UMass Amherst) \ T6
Data between peers - Block \ Mempool data
Faster block propagation not block size.
Less Orphaning \ Efficient mining
Reduced to 1/10th size of current methods
Bloom Filters
IBLTs (Invertible Bloom Lookup Tables)
Graphene
Measuring maximum sustained transaction throughput on a global network of Bitcoin nodes \ Peter Rizun, Andrea Suisani, Andrew Stone (Bitcoin Unlimited) \ T7
GB Testnet
Scaling Concerns
GB Testnet Setup
Ramp Tests + Bottlenecks
Xthin Block Propagation
Transaction processing architecture
Fast Bloom Filters
Smart Contracts
Atomically Trading with Roger: Gambling on the success of a hardfork \ Ethan Heilman (University College London \ T8
Hard Fork Trade Protocols (Atomic Trades across two forks)
Fork Trade with and without Tx Malleability fix (Segwit)
Designing bitcoin contracts with transaction malleability is non-trivial
Bitcoin script 2.0 and strengthened payment channels \ PRESENTER(s): Johnson Lau, Olaoluwa Osuntokun \ T10
Bitcoin Script Evolution 2009-2017
Shortcomings (Limitations of current script)
Useful New Functions (MAST, Public Key Aggregation, OP_CSFS, OP_ECADD, OP_ECMUL)
Work In Progress (Merkalized Script BIP114, Merk Branch Verification, Tail call Execution semantics, version-1 witness, Simplicity)
Script design philosophy
Re-Designing Payment Channels
Commitment invalidation
WatchTower State Outsourcing
Delegated Trapdoor Channel Outsourcing
Eliminate Historical Second-Level HTLC Storage
Invited Talk: The State of Cryptography \ Benedikt Bünz (Stanford University) \ T11
ECDSA SHA256
Schnorr BLS Threshold Ring Blind (Signatures)
Zero Knowledge Proofs (SUDOKU, Sigma, SNARKs, PCPs, CS-Proofs, STARKs, Bulletproofs)
Proof of Work
The Future of Proof of Work \ Min Chen, (Avalon) \ Min Chen, (Avalon) \ T12
Reward System of Bitcoin (Planned economy)
Solo, Pool, Reward mining
Economic Impact of mining
Is Hardware the default attacker
Economic path for long term scaling
Bobtail: A Proof-of-Work Target that Reduces Blockchain Mining Variance \ Brian N. Levine (College of Information and Computer Sciences University of Massachusetts Amherst) \ T13
Low Variance Mining - Why variance is the root of all evil
Inter block delay ~10min-1hr
Low variance mining
Double Spend \ Selfish Mining attacks
Proportional Mining Rewards
Using existing Asic's
Invited Talk: The Past, Present, and Future of Bitcoin in China \ Bobby Lee (BTCC) \ T14
Is Bitcoin in China finally over
Early China involvement
2014-2015 Bear Market
2017 Bull Market
ICO's - China Ban
Bitcoins price in the future
China Bitcoin is about Investing & Speculative trading not payments and spending.
mohland has announced Metatron - Prepare to Tip where no Shibe has Tipped Before...
xNotch released his new 'game' Cliffhorse for Dogecoin on Twitter - made 280,000 DOGE in one day ($100 at today's prices - waves to the future!). Notch launches www.Cliffhorse.com
Cryptoschool - non-profit DOGE promotional company! 5000 Dogecoin awareness cards already being distributed and Doge-specific mouse pads and stickers in the future! Please donate to see more projects! http://imgur.com/Z6IPfuX (shared by _zxcvbnm_)
Dogecoin On-going Projects
The DOGE League: This sounds like it could be a lot of fun for gaming Shibes and, especially, as we look to integrate the Twitch.tv tipbot that should be coming online soon. He seems enthusiastic but could use some help, any Shibes want to give him a hand?
V8 SuperDOGE: V8 has a broad appeal around the world and might to help bring in more world-wide Shibes, which, sadly, seems to have stagnated a bit. As an added bonus, the car wrap looks hella-cool.
DOGE4BUSINESS: ShibeShen (whom you may remember from this thread) is looking to create a store that caters to Shibes only. Buys things with Fiat but sells them ONLY in Dogecoin. He's also, specifically, asking you what you'd like to see him sell. This is a great opportunity for Shibes and a well-and-true Tycoon Doge who is willing to stick their neck out for us. Give him a moment of your time, please.
DOGE4DEGA - 2nihon needs help from organized Shibes to help with the promotional efforts at Talladega this fall! Please go join them if you can spare the time!
Did I forget something? Of course I did! Let me know in the comments and I'll add it! It's 9:29AM EST and we're at 81.53% of DOGEs found. Our Global Hashrate is on the rise from ~49 to ~50 Gigahashes per second and we're our Difficulty just spiked from ~828 to ~1091. As always, I appreciate your support! GoodShibe
More information on the Renewable Energy consumption of Bitcoin and the environmentally friendly alternative BlackCoin TL:DR
The amount of electricity required to maintain Bitcoin’s security is legendary. Its miners are scouring the globe searching for areas with the least-expensive electricity rates. Unfortunately, these areas are where the least expensive renewable-energy resources exist in the world. Links are provided below to the references to back up the claims made here. This document will be updated as needed based on your comments below. It has been estimated that the additional electricity required to maintain BlackCoin’s cooperative minting network is much less than three one-thousands ( 3 / 1000 ) of what is now used to run an equivalent sized competitive Bitcoin mining network. Bitcoin’s current electrical consumption equipment arms race is gobbling up irreplaceable, renewable-energy resources in areas where they provide the less expensive renewable energy options bar none. A recent study cited in the Wall Street Journal shows that the hash rate required for Bitcoin’s security last fall was one one-sixtieth (1 / 60) of what it is now. This hash rate inflation has been fueled by the tremendous profitability of large scale corporate mining operations, which have produced the mining technology arms race. The largest known corporate Bitcoin mining operation is reported to be housed in a warehouse in Central Washington State where it takes advantage of the US’s lowest electricity rates bar none. The Spokane Review recently reported that a handful of additional competitors are now about to pop up. Washington State is the leader in hydroelectric generation with 29% of the total national capacity according to the US Energy Information Administration. It is 10th in wind energy production. Nevertheless, the whole state still has the lowest residential electric rates in the country. The New York Times reported on a similar setup in Iceland, which may have the least expensive electricity of any country in the world. It is powered by hydro and geothermal resources. These corporate mining operations compete against each other for the right to enter the next ledger page into the Bitcoin blockchain. The startups that produce the otherwise useless mining equipment are forced to make outrageous claims for their latest drawing board designs to get preorder payments to finance their production as has been well documented by CoinDesk in numerous articles. Are we about to repeat the environmental disasters that followed the 1849 California Gold Rush and the wildcatting boom that began with the Spindletop oil gusher? This trend will continue as long as the Bitcoin mining technology continues to improve at breakneck speed driven by the profitability resulting from the squandering of these irreplaceable resources. It took three and a half years after Satoshi Nakamoto launched Bitcoin in January 2009 before Sunny King in August 2012 to launch Peercoin, the first environmentally friendly cryptocurrency. However, Peercoin is designed to be the savings account complementing the best environmentally friendly checking account cryptocurrency. The market has been trying since then to settle on the best environmentally friendly challenger for Bitcoin. The Russian crypto developer rat4 launched BlackCoin on February 24, 2014 at 6:00 UTC after making the customary announcement on February 16 on the Bitcoin Forum. Startup crypto exchange Mintpal quickly recognized the potential of rat4’s improvement of the design of the innovative Mintcoin protocol. This helped catapult BlackCoin into 19th place in market cap by the start of April. BlackCoin obtained its current 10 th place position after Coinkite chose Blackcoin to add to its terminals in June joining Bitcoin and Litecoin. Sunny King’s protocol has now been tested on many environmentally friendly alternatives. The market has now chosen BlackCoin to be checking account to Peercoin’s saving account. The Bitcoin MIT Project will provision every undergraduate at that institution with $100 worth of bitcoins in the fall semester as an experiment. The proposed BlackCoin MIT Airdrop is currently being discussed by the Blackcoin Community on its reddit page. The proposal calls for provisioning each MIT graduate student with $100 of the best environmentally friendly alternative to Bitcoin in the best technology crucible in the world. It appears from the MIT announcement that the MIT Kerberos & Internet Trust Consortium may have been used as the vehicle for obtaining tax exempt fiat donations. Therefore, should the newly formed BlackCoin Foundation ask the Trust to set up a donation account and let the environmental community try to raise the less than $1 million required to fund the MIT Airdrop. If you have arrived here from somewhere else and are interested in learning more about BlackCoin and the MIT BlackCoin Project, please join the discussion with us at the BlackCoin subreddit: reddit.com/BlackCoin/ Please report proofreading and editing corrections in comments below. References Electricity requirement calculations needed to maintain the BlackCoin network http://www.reddit.com/blackcoin/comments/25a4fq/if_you_are_good_at_science_or_if_you_are_an/ Wall Street Journal Article on Bitcoin hash rate http://blogs.wsj.com/moneybeat/2014/04/29/bitbeat-for-bitcoin-miners-a-hot-problem-this-summe Spokane Review Article http://www.spokesman.com/stories/2014/ap26/northwests-cheap-power-drawing-bitcoin-miners/ US Energy Information Administration – Washington State Renewable Energy Report http://www.eia.gov/state/?sid=WA NT Times Iceland Bitcoin mining article http://dealbook.nytimes.com/2013/12/23/morning-agenda-the-bitcoin-mines-of-iceland/?_php=true&_type=blogs&_php=true&_type=blogs&_r=1 CoinDesk mining equipment articles http://www.coindesk.com/coindesk-mining-roundup-hot-issues-lawsuits-eco-mining/ http://www.coindesk.com/problems-plague-kncminer-broken-super-jupiters-arrive-doorsteps/ http://www.coindesk.com/alpha-technology-initiates-scrypt-asic-tape/ Bitcoin MIT Project article that mentions MIT Kerberos & Internet Trust Consortium http://tech.mit.edu/V134/N22/bitcoin.html
WTS - Authentic XPV DNA40 w/ TC from Protovapor (Brand New) Mini Velocity RDA, Fishbone RDA. Kayfun Lite/Monster V2 RTA
Hello all, I'll start with the biggest item I have up for sale. It's a 100% fully authentic XPV DNA40 by Protovapor. It's made with the Evolv DNA40D chip. This also has temperature control, so you can build with nickel wire and vape at the temperature you want and never have a burnt hit again. Here is the link to the store's page for the item I bought this last year, and you can see on the certificate of authenticity it was purchased Dec. 3rd 2014. The reason it is brand new is because the DNA40 chip inside my original malfunctioned and burned out about 3 weeks ago. I originally thought my battery vented, but when it was sent in for repair Protovapor said it was the chip itself. So I just got the device back yesterday and they sent me a brand new one because my old one fucked up so bad it was pretty permanently stuck like melted plastic hardcore. I made sure to leave a note with them saying the smell needs to be completely gone. SO they sent a brand new one, new battery and everything. Here is proof that it is new, not the original, e-mail form Protovapor With this, you'll have a warranty as well that's valid until Dec. 3rd if something were to go wrong again but I doubt that would happen, I was one of the first people to order one of these and if anyone remember the DNA40D chip had a lot of problems in the beginning malfunctioning like mine did. After 5 or 6 versions they have it right now -_- Not a big feature but just to mention mine also has the belt clip thing which is pretty nice and comes in handy when needed. Pics - http://imgur.com/a/U2FS3#0 Now for the price, I'm not quite sure what to ask for it. I purchased it originally for $220 last year. They sell for $160-$180 on there now. I guess I'd like to get $120 for it, seeing as it is brand new now (besides my less than 20 minutes of use to make sure it worked alright), I'm open to offers and trades, vape related or not. Maybe you have a gift card somewhere I could use, or some Steam games I might like. Throw it out there worst I can say is no.
RDA's
Mini Velocity ($13) http://imgur.com/a/GY8bT#0 Brand new If you haven't seen the Velocity before, they're worth checking out. Pretty unique deck, 2 posts, but 4 holes (2 positive, 2 negative). So you can be creative and mess around with some new builds and coils Here are a couple just the show you Then there's this build someone made, I never tried to.. but it's absolutely ridiculous and if you're really bored on a rainy day I dare you to try and build this Hell, I'd probably give you 50% off another RDA I have for sale if you build that on one of my Velocities and sent me pics. Currently I have 6 in stock. 2 in white, 2 in black, and 1 in "Tiffany" blue. SS is sold out, I update what's available after each sale so there's no need to ask if I still have one. If it's still listed here in stock I have it. They come in the box, with a wide bore tip, and a 510 drip tip adapter. (and the obligatory extra o-rings, screws, and infamous blue screwdriver) Common question is what's the difference between this, the Mini, and the normal Velocity. Answer is, not much. Everything is the same besides height. The Velocity RDA is 46mm long, and the Mini Velocity is 40mm long. Deck size, width, everything else is the same. Shoutout podt I got from someone who ordered one of these -- Mini Setup. D2 + VelocityMini Fishbone RDA ($15) http://imgur.com/a/ZSlFQ#0 Brand new. I have 20+ of these in stock, orders for more then one get 20% off the additional, so 2 would cost $28 not $30. It's not black Friday but it's something to be nice. These are just f---ing awesome, I love them. They look sweet, they vape great, easy to build, everything. They are the first RDA I've seen with a fully clear top, I've always wanted something like this. Anyways, they are pretty new to the market. One thing I personally like about them is the bottom fed airflow. There are 4 air holes, good sized so you can blow enormous clouds if you want to, and I personally think these give off really good flavor, whether it's because of the bottom fed airflow or not, I don't know why. Here is a stock photo of the bottom fed air holes So they Come brand new in the box with an extra glass top cap too (seen in pics), so you get the deck, two glass tops, and the bag with extra o-rings screw ect ect.. Indulgence Mutation X V4 ($15) http://imgur.com/a/6RWCi#0 This is the only one I have for sale. I don't need to say much about these, they are super popular. Copper... 18 side air flows along with the multi-sized bottom air flows. Brand new.
Tanks
The only used item - Kayfun Lite - ($13) http://imgur.com/a/UNaEc#0 Sorry but I'm not even 100% sure what version this is. I bought it new from someone off here a while ago and used it for about 2-3 months. It's a really good clone, and I'm not sure exactly which one it is, I think it's EHPro though. I've had several Kayfuns in the past and this was the best one (besides my current one which is the Monster V2) and that's why I have no use for it anymore. Again, I figured it's better to get it to someone who will actually enjoy it and not collect dust with me, and none of my friends use tanks so I can't give it away. I don't even know how much they go for on here so I'm just gonna ask $13 which I think is a pretty fair deal, it is used, but I"ll wash it out before it's sent. No box, but I will include the extra o-rings and seal it in a bag. Monster Kayfun V2 ($35) http://imgur.com/a/xTqVq#0 I only have one of these left, it's brand new. This is what I use if I use a tank. Like I said above, I've gone through so many different Kayfuns over the last couple years I can't even count, and this is by far the winner. First off, it looks badass, comes with the completely clear top (see my personal one in pics), half clear, and full stainless options to setup. Besides looks though, why it's the winner IMO, it has bigger airflow and juice channels than any other Kayfun so it hits kinda like a Fogger if you've ever tried one of them (they give off the better flavor and larger cloud production than most any other tank. Reason why I don't use a Fogger even though I love them, they are a complete bitch to build one... the absolute worst, I dreaded ever having to rebuild/wick it, and if the Fogger gets angled more than 10 degrees in any direction for longer then 5 seconds all hell breaks loose and juice is flooding everywhere. Ok, enough bashing the Fogger for now.) Anyways, along with the larger airflow on the Monster V2, this thing never floods. Flooding was the thing I hated most about tanks in the past. Nothing worse then building it for 30 minutes, filling it up, ready to vape your favorite juice and it's a complete fail. I've never had any flooding issues whether it's on it's side or standing up. All in all, my favorite, and only tank I use.
Odds 'n' Ends
IMR 18650 3.7V 2k mAh Batteries ($?) http://i.imgur.com/uuLRV67.jpg I have 3 of these... one married pair which has been used only one time so I'd have to say they are "like new" but practically new, and 1 single which is brand new still has wrapper on it. As for price, I don't have any used for these so I don't really care about the price, as long as I'm not losing money with shipping costs price is up to you. If you vape with a tank or high ohms this would be a great add-on item if you bought something from me. I figured I'd post 'em for the hell of it and maybe someone else will make use of them instead of sitting around collecting dust with me.
Ordering
Prices for the atomizers do not include shipping so you can pay what you want for how fast you want it. I always ship out orders same day as a bonus. $3 for first class and $5 for priority shipping is fully combined for multiple item orders so shipping is just one flat rate for you no matter how many you want. If you have questions don't hesitate to ask, I'm on my PC all day so you'll get a response pretty fast. If you want more pictures of something or a pic of something specific feel free to ask too, I can do that, it's not a problem. I accept a lot of payment options, although no one has ever used anything but paypal with me on here before. I'll take p.p. Amazon Payments, Bitcoin. Pay with Bitcoin for 10% off your whole order. If you want to expedite you're order and make sure it gets shipped that day, make sure your shipping info is up to date on Paypal and send your payment to "[email protected]" please include what item(s) the payment is for in the comment area with your paypal payment, or PM me the items you want and the paypal e-mail you sent it from. Same day shipping promise: If payment is sent by 3pm Central time, I guarantee it will be shipped out and in the mail that day. Most of the time, even if you send it over by 4pm it will be shipped that day, 3pm is just my personal promise/guarantee.
luis_aragon joined #trading_altcoins ominous.shark Heyo! jakethepanda Hi @luis_aragon luis_aragon Hey @jakethepanda ! dr10 Hey :wink: mward hello jakethepanda Hi All. Let's welcome Luis Cuende from Aragon. :clapping: jakethepanda And Jorge. jorge_aragon hi!! luis_aragon We're pumped to be doing an AMA here! jakethepanda Thanks for stopping by guys. ghostfaceuk welcome to ark jakethepanda If you guys are ready let's open it up. luis_aragon Yay, let's do it dr10 How would you - shortly & in easy words - sum-up the advantages of ARAGON to magazines and non-crypto people? luis_aragon With Aragon, you can create and manage decentralized organizations--which are organizations that don't spend a dime on anything that it's not their product Aka organizations that are way more productive and efficient. Also more fair, since no central party can dictate than a person from the US should not do business with one in Iran dr10 okay, to warn you :smile: I prepared some questions while looking at your website, onepager, whitepaper, interviews, etc. Some questions could sound stupid, but I am a non-coder, so I ask everything that comes to my mind I installed Aragon and "created my own organization". I clicked through the tabs. I could see that I can give Roles to People, Admin-Rights/Ownership, I can start Polls (Similar to a community server like Slack or Discord). I can start fundraising (For any kind of project within the company, I guess). And in the section "Bylaws" I can fall decisions about what certain roles have what kind of rights. What can be changed by what kind of people and how many votes are needed. I can see all this. And it looks good. But I have a simple question now, which is not meant to be rude, but straight forward: Why should any entrepeneur use this? Why not starting a company in the oldfashioned way? What additional practical benefits do people have from using Aragon? Even if I'd start an Internet Company, what makes Aragon vital for my projects success? jakethepanda I'll wait until you answer the big question. dr10 haha :smile: luis_aragon Sure. So first of all, it's so efficient. I remember when I tried to open up my first company at the age of 15, I couldn't even do it legally for being underage! And it took like a month. Not to say every single interaction required going to a notary public. It's just so fucking frustrating ominous.shark great question! luis_aragon Then, regarding Internet/remote companies: it's so hard to hire and pay people all over the world with traditional companies. With Aragon, you can even assign them tokens with vesting in literally 2 clicks Hope that answered your questions :slightly_smiling_face: dr10 Let's say I build a company on Aragon in Germany and my Co-Founder is in Korea. Is there a global Tax-Model for Companies built on Aragon? Or is there anything planned? Won't I get into trouble with Tax Institutions or laws in general (like registering a company itself)? sorry jake, needed to add this :smile: its in the same context jakethepanda 1-2 years from now there may be many other platforms other than Ethereum with DAOs built on top. Do you have plans to create Aragon on other platforms that become popular? (edited) luis_aragon We don't have any tax planned for people using Aragon Core (the Aragon dapp). Though we have been talking to a couple govs and it'd be super cool if you could pay taxes via ether and they could have a "tax address" as a government What we do have is a subscription fee for the Aragon Network--which is a DAO that acts as a digital jurisdiction and will provide services to Aragon orgs like upgradeability and a decentralized court mechanism dr10 I see.... but if that won't be realized I could have troubles on founding a company? I mean if german institutions find out that I have a company with people in korea, they want to know more for sure luis_aragon @jakethepanda we are using Ethereum because it has the strongest developer community behind it. But obviously, if there are other EVM-compatible blockchains out there, we will not obstruct running Aragon on them dr10 @ jakes question I'd like to add mine too...: Will Aragon be on Bitcoins Rootstock for example? Can you imagine that? luis_aragon @dr10 you could have some trouble, but I cannot see how that would happen. If everyone is just an Ethereum address, it becomes very hard for a gov to even know who you are! dr10 well, if I advertise my product on the internet, they will know :smile: luis_aragon I wanna try running Aragon on RSK, yes :slightly_smiling_face: dr10 In what kind of industries you can see decentralized organisations to succeed? My concern is, that it could work well in the digital environment, but why should anybody use Aragon or similar DAO/DAPPS in classic industries (resources, cars, pharma, tobacco, textiles, etc.) luis_aragon First of all, the blockchain industry, for sure. Then, open source, since now it's a pretty much broken model that needs tokenization to happen jakethepanda @dr10 has all of our questions. :joy: (edited) luis_aragon Then purely remote companies, because running them with traditional orgs is such a hassle dr10 preparation is king. :sunglasses: Okay, that makes sense. luis_aragon Finally, regarding the traditional businesses, that's gonna take a while--for example, running a restaurant on Aragon will be much harder than running a remote company dr10 I've read this example story about Manuel and Maria, who found a company in venezuela and argentina through Aragon. 1) Why would people want to creat such kind of companies? Doesnt it depend on the good they are producing? I can imagine it for digital goods, but if I want to found my own car company, why should I use Aragon? 2) What kind of benefits are there for people in Western World countries using Aragon? 3) Do these decentralized companies have hierarchy aswell? What if Manuel and Maria hire some workers or freelancers and they don't deliver the work. Isn't it much harder to sustain a high quality production level in whatever-they-produce? How could Aragon help here, when people 100 or 1000miles away from each other participate in such an organization? If I'm too fast, slow me down :joy: luis_aragon 1) That's a though one. I think that 90% of the wealth that's gonna be created in the next decades will be digital-only, so we're not focusing on that very much 2) Freedom (no one telling you who you can interact with, or how), way smaller fees, nonexistent bureaucracy, things you couldn't do with a traditional co (such as two-click vesting on token sales) 3) They could! We have incorporated the Roles module so people can set different permissions. Then, if someone doesn't deliver the work, you can do two things: make sure you encode as most of the conditions as possible in a contract, and resort to the Aragon Network's decentralized arbitration system (The arbitration works like a court, punishing the losers and rewarding the winner) dr10 Okay regarding the third questions, I have an additional scenario/question: If my employee delivers results, will he be paid automatically or do I need to pay him manually? What if he delivers results and I just won't pay him, because I'm a Jerk (xD), how can he fight for his right? luis_aragon Right now you'd have to pay him manually, but we're introducing a very easy module system for other people to extend Aragon organizations' functionality. So you could build your own module that rewards people depending on a series of events If you don't pay him, he can also resort to the Aragon Network court system--which is sort of a prediction market with judges that resolve disputes jakethepanda Do you have any kind of guestimate on how many new DAO's in the pipeline will use Aragon? I know you have some partnerships already. luis_aragon @jakethepanda some projects that want to use it for governance are Digix, Status, 0x and Democracy.Earth tranzer I think I read you don't have any hard cap in place, but have a secret one. Can we know more? luis_aragon And we do have a lot more on the pipeline--we're just telling everyone to wait until we deploy to the mainnet dr10 How can the Aragon Network punish me, if I dont pay my workers? I didnt understand this.. maybe lets work around a real world scenarion, its easier to understand for me. Let's say I create a Virtual Game. My employee uploads a code. The smart contract executes the payment. Okay. What if I have another employee who should create face-to-face relationships with game distirbutors (aquisation), how can the smart contract identify that he did his job right? Probably I - as the owner need to interact - and pay him. What if I dont pay him? How can the Aragon Network punish or force me to do so? It's a very subjective matter, probably a case for lawyers (in the old fashioned way). luis_aragon @tranzer sure! We wrote a blog post going thru the hidden cap at https://blog.aragon.one/token-sale-cap-clarification-d6797737da2e Aragon Token sale cap clarification – Aragon tl;dr: Our cap is not $100m, or near that amount
Reading time
2 min read May 12th at 7:09 PM cannabanana how are you different than wings dr10 But as I understood Aragon could replace most work lawyers did in the past luis_aragon @dr10 basically the Aragon Network's arbitration is a human one--judges are humans that review the case and bet on the fair outcome @cannabanana AFAIK Wings is centered around fundraising, while Aragon has a broader approach cannabanana :T tranzer Thank you @luis_aragon . How many developers are currently working on Aragon. Looks like most was done by you and your friend? Cause it seems like a lot of work was already put in this product and I'm amazed by this. dr10 In the Aragon One-Pager you claim that there are already 700 organizations working on two testnets? Are these real organizations/companies and if yes, would you introduce us to three most different companies/industries that use Aragon by now? luis_aragon @tranzer yes, @jorge_aragon and me have been the only ones working on product until now. And yeah, it has taken a lot of work to arrive to the product we have now :sweat_smile: @dr10 it's actually 2.5k now. They're test orgs, and we don't have any data on them (they're just addresses, we don't collect any data) someonesomeone Hi guys! Hi Luis dr10 I see What is your budgeting plan? How much you need to raise, to execute your 2 year plan, that you mentioned at your website? jakethepanda How does ANT (the token) fit into the platform? What gives it value? luis_aragon Hi @someonesomeone @dr10 we need $5.3m for a 5 year runaway, so I think for two years it'd be around $2-3m (edited) However, this things take time to become mainstream, so I always want to have 5 year runaway tranzer Will you only be able to pay in ANT for services or with other currencies as well? luis_aragon @jakethepanda ANT is the governance token of the Aragon Network. The Aragon Network is a super customizable DAO--basically ANT holders will be able to tweak every parameter, from minting rate to fees that companies have to pay jakethepanda Are fees paid in ANT? luis_aragon @tranzer for being subscribed to the Aragon Network and getting its services, you need to pay some % of your revenue in ether, and you are given ANT. It's kind of a minting process. dr10 Is there already some plan or future business relationship with merchants, exchanges or complementing software products. Anything you want to share already? luis_aragon However, ANT holders will be able to change that if we all see that it could work better @dr10 we do have a partnership with ShapeShift, so I hope to see us listed there soon! We're not trying to rush getting into exchanges, but 3 have already contacted us tranzer Will I as organization on Aragon be able to pay for services done for my organization in BTC as well? dr10 What is block target time? What is transaction speed? How many confirmations are needed? luis_aragon @tranzer you could do that using ShapeShift, sure :slightly_smiling_face: @dr10 what do you mean? cannabanana so you're not really a blockchain technology? Just another asset token? jakethepanda So right now the value in holding ANT is the voting rights? Do DAO's pay the fees in ANT or ETH? Sorry I'm a little confused. dr10 I meant what is the speed of the ANT token.. or is ist as fast as ethereum? luis_aragon @cannabanana we're on the bleeding edge of blockchain technology :sweat_smile: cannabanana but if you're running on top of another platform, why do you need 100m? not hating, just seems like recently people are not starting their own blockchain technologies. just running on top of another. mike Hi luis, thanks for doing the AMA with us, I just found out about it, Aragon looks very interesting luis_aragon @jakethepanda the value is always voting rights, yes. DAOs pay fees in eth, and they are minted tokens. Because when they pay eth to the Aragon Network, they're essentially making the Network wealthier @cannabanana first of all, we're not raising $100m, secondly, I don't see what's the problem or why you are less worthy for running on top of a blockchain tranzer How will someone mint ANT tokens since you are running on ETH? luis_aragon Thanks @mike! someonesomeone @luis_aragon so the hard cap is under $100m? luis_aragon @tranzer by being subscribed to the Network and paying fees to it tranzer the more ANT you have the bigger your share of minting and voting rights ? luis_aragon @someonesomeone we did a very concise write up about hidden cap, hard cap etc at https://blog.aragon.one/token-sale-cap-clarification-d6797737da2e someonesomeone Well I wouldn't really call that concise since you don't actually reveal anything about the hard cap :slightly_smiling_face: luis_aragon @tranzer your voting rights, yes, your minting, no, since having ANT doesn't give you any minting capabilities cannabanana @luis_aragon not less worthy but if you cant write up your own blockchain then why are you worth even 10m? luis_aragon @someonesomeone it's called a hidden cap for a reason? mike Will Aragon use proxy voting like liquid democracy? luis_aragon @cannabanana why do you want to write your own blockchain? That's kind of stupid. Ideally you want a single, strong blockchain. That's how blockchains work cannabanana lol cause it shows the people in this industry that you are legit luis_aragon If not you end up with 1000 databases that could be compromised with a couple ASICs @cannabanana i don't understand the point cannabanana exactly chrisnias @luis_aragon thanks for this AMA. 3 questions on your ICO: 1. Your hidden cap - we are investing at an unknown valuation, I find this problematic, any thoughts. 2. Liquidity - when will the tokens be live on an exchange for secondary trading? 3. Funding scheme - you are basically raising all your funds now (70% of tokens are for sale correct?). Why have you chosen this approach over a smaller series of individual raises as/when you need the funds (also hopefully allowing you to raising funds at higher valuations in further rounds as you progress). Thanks luis_aragon @mike we could, but we're more interested into futarchy-like systems @chrisnias 1: It's problematic for a lot of seasoned buyers, and that's why we have created it. To incentivize small buyers and not whales mike Actually a lot of tokens could be hosted on a blockchain, uses less resources than having a separate blockchain for each token, a lot depends on how frequently the tokens are expected to be used in transactions. luis_aragon @chrisnias 2: We are not rushing it, so I don't really have an estimate mike I'm interested in how the futarchy model turns out. Ralph Merkle did a nice talk on it a while back. dr10 What is Aragon Stories simply explained? luis_aragon @chrisnias 3: We do have a continuous token model, since there will be minting of tokens over time. In my opinion continuous token models are way better than doing multiple token sales. This is a very interesting post about continuous token models: https://media.consensys.net/exploring-continuous-token-models-towards-a-million-networks-of-value-fff153175776 (edited) @mike totally, it's super stupid to have a blockchain per token LOL chrisnias Thanks for your answers @luis_aragon cannabanana so you're saying we're stupid luis_aragon @mike we have been super inspired by Ralph's work @dr10 it was a joke :stuck_out_tongue: Everyone is bundling Stories everywhere--WhatsApp, Facebook, Instagram... We just didn't wanna miss out dr10 ok xD I did scroll your team @ your website. But if you don't mind, would you please sum up What are the references of you and your team members? On what projects did you work before? mike sorry luis, think there was a miscommunication, I meant that a lot of tokens could be hosted on a single chain, it would be a waste of resources to put each one on its own chain. luis_aragon @mike yes yes I got it, I was agreeing with you :stuck_out_tongue: mike yes, some might be better migrated to their own chains later if there is enough volume to justify it, but it makes sense to start the initial fund and distribution on a hosted chain. (edited) luis_aragon @dr10 so I got started with free software when I was 12, was awarded as the best European hacker under 18 at age 15, then got into startups and advising the European Commission. In 2012 I got into Bitcoin, and eventually founded stampery.com -- which raised money from Tim Draper, investor in Skype, Tesla, SpaceX... I'm also a Forbes 30 under 30 and a MIT TR35 On the other hand, Jorge has been building a lot of cool apps (one of them reached the #2 in the App Store) and we met each other like 5 or 6 years ago, and have been friends since that moment. He had some toy projects such as a small blockchain implementation and a mesh network sidzero @luis_aragon I don't really see how it will be efficient to just ignore all legal frameworks and laws. There are reasons why it is complicated to setup a company. Do you think you can create DAOs (i.e. entrepreneurial organizations) and just ignore that there are tax laws, employment laws and company laws, etc? For me there are huge unknown risks involved in such a project. Don't think that is just that simple... luis_aragon Sure. So first of all, it's so efficient. I remember when I tried to open up my first company at the age of 15, I couldn't even do it legally for being underage! And it took like a month. Not to say every single interaction required going to a notary public. It's just so fucking frustrating Posted in #trading_altcoinsToday at 6:04 PM dr10 Okay and here is my last question. I think I got what Aragon is about, but just want to round it up :smile: : What are the three crypto-currencies that are most similar to yours and yet why is ARAGON different? jph1337 @dr10 nice questions, good simplified for the non coders. dr10 yeah, my advantage is clearly, that I have no clue of codes and cryptos. :boogie: :smile: mike Will using Aragon by itself as a legal jurisdiction be sufficient for an Aragon based entity be able to open bank accounts, trading accounts, and own real estate? Enter into legally enforceable contracts? (edited) luis_aragon @sidzero well, there's now a wave of people that want to take that risks to simplify their lives. In the beginning, months ago, it seemed more unlikely to me that people would just adopt it, but now after seen the interest for it, I'm very much convinced @dr10 I think The DAO was similar to some extent, but apart from that, I don't really see any others with similarities chrisnias @luis_aragon you founded stampery.com (how long ago?), but you are now an advisor. What was your role there and why you are no longer 100% focused on that project? luis_aragon @mike not in the short term, but who knows if that will be possible in the long term! Also we are talking to a couple govs to see if they could adopt Aragon orgs as legally established orgs @chrisnias I founded it circa 2014, and I'm still involved and very proud of what the team is building. I guess I just wanted to do a moonshot, and Aragon is the craziest thing we could ever come up with! chrisnias The reason I ask is, you are the key man on this project, I'm looking to establish you will be 100% focussed on it for the 5 year plan.. dr10 Will you expand your team (developers) after the ICO? luis_aragon Sure @chrisnias chrisnias If you raise money in Silicon Valley for a 5 year project and leave before its either succeeded or died, that's a big no-no luis_aragon @dr10 yes! We want to expand the team to 10 this year chrisnias as I understand... luis_aragon I know, I have lived in the Valley for a while @chrisnias tranzer Will other companies/organizations be able to invoice you in FIAT value with aproximate value in ANT / ETH and it would be enough if you paid them in ETH from your organizations address? luis_aragon @tranzer we are certainly exploring using a legal entity as a proxy for that to happen. But more like a medium-term thing jakethepanda Hey all. Please wrap up your questions in the next few minutes. You can visit the Aragon Slack at https://aragon.chat/ mike which countries look like good prospects for recognizing Aragon based entities as legal entities? luis_aragon @mike Switzerland and Liberland :slightly_smiling_face: jakethepanda @luis_aragon @jorge_aragon Thanks guys for stopping by. Good luck! mike Liberland seems like they'd do it no problem, so they are recognized as a country now? dr10 Thank you! Very interesting project, hope I can participate. :slightly_smiling_face: mike Thank you very much for coming by to chat with us Luis. new messages luis_aragon @mike not really, but they're working on it Thanks for having me @jakethepanda, and thanks to everyone for participating! Feel free to join our Slack and ask me anything there. Jumping off to a call in a minute! chrisnias So @luis_aragon, you were CTO of Stampery from Oct-14 to Sep-16. I feel I need to press this point, can we get some comfort as to your commitment to keep your considerable talent focussed on this project through to fruition. (sorry, im over time....) luis_aragon* @chrisnias sure! Aragon is truly my baby, I want to nurture it and see it grow. We also have 2-year vesting as founders Well, thanks everyone! See you in the crypto-space :sunglasses: Make sure to check out https://aragon.network
Physical timestampPics $2500 if paid with Bitcoin. I'd most preferably take Bitcoin, as that'd result in me giving you the best price possible since theres NO FEES. Don't buy it through eBay, they charge out the rear in fees. If you want to go that route, let's do PayPal. Send me a message! http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=131147816958 I'm pasting the description from eBay: 7 GPU mining rig in a custom aluminum structure that I built. Pushes as much as 3.4MH/s but I'll ship it at about 3+MH/s to give you something reliable to start on. I URGE you to read my Reddit threads and dig into the comments for a great deal of information about this rig. You may see me mentioning a Semphron 145 processor- that thing was terrible and made the rig unstable so I upgraded it to a AMD FX-6300 6-core 3.5GHz processor and the now rig screams. Massive difference with a high-end processor. Runs games on ultra/max settings, obviously ;) http://www.reddit.com/litecoinmining/comments/1vmr12/my_wall_mounted_34mhps_7_gpu_rig_i_dont_usually/ http://www.reddit.com/dogemining/comments/1vp6aj/wall_mounted_34mhps_7x_gpu_dogecoin_rig_2x_r9/ I want to throw in a newbish disclaimer. I must impress upon you the fact that this is a mining rig running Linux. If you're not good with computers then mining might not be for you. I don't care if you've upgraded your own RAM or hard drive one time, that means nothing. You need to be proficient with computers to own a mining rig running Linux. Most of the dirty work is done with this rig. It's been running SMOOTH for months now. I'll ship it to where you can plug it in and it will automatically turn on and start mining in Linux. It will also have Windows installed, but you'll have to do a little legwork getting the drivers installed to run all 7 video cards- I wasn't interested in Windows mining so I didn't bother getting the 7th going- I got 6 video cards mining in Windows. The drivers have come out to make all 7 work but like I said- Linux mining works fine for me. As with any rig, we're pushing these cards to the limit. You'll have to check on the rig periodically to make sure cgminer is not reporting any SICK/DEAD cards. That's normal, as with any mining rig the cards can hang or overheat and protect themselves by shutting off. You'd still be mining on all the other cards, only that one card drops offline. All mining rigs do this when you're pushing max hashrate. I like to use the Belkin WeMo to remotely monitor my wattage, if it drops below a threshold I know I've got a dropped card and I can reset the rig remotely, it automatically boots back up and starts mining again. There's other options like CGwatcher that are pretty slick, but I've found what works for me and I'll stick to it. It can be run fairly quiet. I ran it with no external cooling fans for a while successfully at about 3.2MH/s. I since threw some fans back on it since I don't like keeping the AC on all day and its warming up outside. Fans are included. I offer support. I want to see my creation keep digging for a long time, that said I'll support you in getting it started back up in its new home. Check my Reddit threads for references, I know damned well what I'm talking about and I'll see to it that you get up and running. I'm not accepting returns on this rig. Its sold as-is. Because these are sensitive electronic components, I can't be responsible for your damaging it. Its a tough well built rig, I assure you. It will work 100% when I shut it down, it should work 100% when you receive it. Before buying or bidding I HIGHLY SUGGEST you drop me a message so we can sort out the details and make sure that this is the right rig for you! I did the parts breakdown up on PC parts picker and it came up pretty fair. Note that their price does not include assembly labor, setup and tuning, or love and affection :) PCPartPicker part list / Price breakdown by merchant / Benchmarks
The Best Bitcoin mining Software, try it Now! Depending on the difficulty of mining the block and the value to be deciphered, your profit may change, however, on average our users with the key of the Silver plan, with 3 uses in a day, have been able to generate between 0.15 BTC and 0.32 BTC, which is profitable if you compare it with the investment of the Mining key. Bitcoin is Secure. Bitcoin miners help keep the Bitcoin network secure by approving transactions. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure. Links. We Use Coins - Learn all about crypto-currency. Bitcoin News - Where the Bitcoin community gets news. The bitcoin wiki’s mining hardware comparison page is a good place to go for rough information on hash rates for different hardware. When choosing a hardware, it’s worth looking at your device ... Full nodes operation []. Full nodes download every block and transaction and check them against Bitcoin's core consensus rules. For example, blocks may only create a certain number of bitcoins, transactions should have correct data format and signatures of bitcoins spent, a transaction output cannot be double-spent within a single blockchain, etc. . If a transaction or block violates the ... You've heard of Bitcoin and you're ready to get your hands on some digital wealth. However, this may be easier said than done. When you "mine" Bitcoin, you actually verify Bitcoin transactions in the public, decentralized ledger of Bitcoin transactions (called the blockchain).Every time you find a new block to add to the chain, the system gives you some Bitcoin as a reward.
Setup Bitcoin Mining Beginner Tutorial Earn Bitcoins HD
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