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Voici LA chronique à découvrir, intitulée: La guerre contre Bitcoin. Idéal pour comprendre certains tenants et aboutissants
Voici LA chronique à découvrir, intitulée: La guerre contre Bitcoin. Idéal pour comprendre certains tenants et aboutissants… Bonne découverte. La guerre contre Bitcoin Bitcoin est peut-être le meilleur outil de liberté économique de cette génération, et peut-être depuis plusieurs générations. Malheureusement, Bitcoin a été furieusement étouffé par une guerre civile brutale depuis environ cinq ans maintenant; menée par des ingénieurs sociaux professionnels de certaines des entreprises les plus puissantes de l'espace des médias sociaux. Leur talent dans l'art et la science de la manipulation a permis aux "Bitcoiners" de se battre largement entre eux plutôt que de chercher à créer des modèles commerciaux innovants basés sur les données qui pourraient révolutionner l'économie mondiale via Bitcoin. À la suite de la guerre civile de Bitcoin, trois versions concurrentes de Bitcoin ont vu le jour (BTC, BCH et Bitcoin SV ), mais il en est de même pour environ 3000 autres projets et jetons de « crypto-monnaie » se faisant passer pour des entreprises légitimes - jusqu'à un "exit scam" presque garantie, le fait de disparaitre du jour au lendemain avec tout l'argent des utilisateurs. Le principal bienfaiteur de la guerre civile Bitcoin a été Ethereum: une machine à états mondiale qui permet un déploiement facile de tokens et de contrats intelligents, mais le protocole Ethereum ne peut pas évoluer, et parmis les milliers de projets lancés, seule une poignée pourrait même être présentée comme avoir les ingrédients nécessaires pour devenir des entreprises légitimes. La plupart des autres sont des stratagèmes de Ponzi ou des émissions d'actions illégales - enrichissant les développeurs et escroquant les investisseurs amateurs. C'est dans ce contexte que les défenseurs de BTC et de BCH, les porte-parole d'Ethereum et les altcoiners de tous bords s'alignent pour attaquer sans cesse le protocole Bitcoin préservé uniquement par le réseau BSV. Une industrie composée presque entièrement de criminels, de fraudes et d'arnaqueurs s'est unie contre BSV citant (et c'est là l'ironie) une prétendue fraude et arnaque présumée qui est l'existence même de BSV. Nous devons nous demander pourquoi ? Quel est le différenciateur clé de BSV? Pourquoi tous les arnaqueurs se sont-ils unis contre lui? Je suis fermement convaincu que pour la plupart, la motivation est la peur de la capacité de BSV à absorber l'économie mondiale et tous les autres projets «crypto» qui vont avec. Pour les autres, ou ceux qui ne comprennent pas le pouvoir du Bitcoin, ils sont entraînés dans une guerre culturelle qu'ils ne comprennent pas. Il est essentiel de comprendre les pouvoirs en jeu et leurs implications pour Bitcoin et l'économie mondiale. Une histoire brève Bitcoin a été lancé avec un "livre blanc" sur la liste de diffusion de cryptographie en 2008. Le pseudonyme « Satoshi Nakamoto » a déclaré une solution au problème de la double dépense. Or le problème de la double dépense de tous les précédents systèmes de paiement électronique était le seul facteur limitant l'adoption d'une monnaie électronique fonctionnelle. Il était impossible de prouver exactement qui possédait quelles unités d'argent sur leurs registres distribués, de sorte que les systèmes ne pouvaient pas faire confiance, et ces projets mourraient assez vite. Bitcoin a résolu ce problème avec un concept appelé « preuve de travail». Il poste la question: qui a brûlé le plus de puissance de calcul pour résoudre des énigmes arbitraires afin de rendre compte de l'état du registre d'une manière qui coûte de l'argent, de sorte qu'il y ait une incitation économique à tenir un compte honnête des avoirs de chacun. Ce processus est souvent appelé « exploitation minière » car les nœuds honnêtes qui maintiennent l'état du registre sont récompensés pour leur travail avec des Bitcoins toutes les dix minutes - un peu à la même manière d'un mineur d'or qui est récompensé par de l'or en échange de son travail. Étant donné que Bitcoin n'avait aucune valeur lors de son lancement, il était extrêmement facile à miner et également gratuit d'envoyer des tonnes de transactions. En théorie, il s'agissait d'un vecteur d'attaque par déni de service (DoS). Une attaque DoS ou DDoS se produit lorsque les nœuds sont inondés de plus de données qu'ils ne peuvent en gérer et qu'ils plantent. Sur un jeune réseau Bitcoin, un crash comme celui-ci aurait été considéré comme un échec du réseau, donc un plafond de 1 Mo de données pour chaque dix minutes de temps de transaction a été codé en dur dans le logiciel - semant la première graine de la guerre civile Bitcoin . De 2009 à 2017, cette limite de 1 Mo sur le total des transactions était l'aspect technique le plus controversé du bitcoin. Pourquoi est-ce important? Une seule et simple transaction Bitcoin est relativement petite du point de vue des données, donc 1 Mo toutes les dix minutes donne environ trois à sept transactions par seconde avant que le réseau ne devienne trop encombré. Satoshi Nakamoto a plaidé pour un nombre de transactions au niveau de Visa, ainsi que son successeur direct en tant que développeur principal du projet, Gavin Andresen! Certains des premiers Bitcoiners influents comme Mike Hearn et Jeff Garzik ont également plaidé pour plus de données par bloc pour permettre à Bitcoin de se développer pour rester un simple système de paiement électronique. Ils étaient pour des «gros blocs» contrairement au camp des «petits blocs» qui préconisaient une permanence de la limitation de 1 Mo de Bitcoin. Le camp des "petits blocs" estiment que Bitcoin n'est pas un réseau de paiement, mais plutôt qu'il s'apparente davantage à une banque décentralisée conçue pour stocker des Bitcoins qui ne bougent jamais: une sorte de coffre-fort d'or numérique. Ils voulaient que la limite de taille des blocs de 1 Mo reste permanente sous les auspices de chaque personne exécutant un «nœud bitcoin complet» sans avoir à payer trop d'espace sur le disque dur. Cela signifierait qu'en période de congestion, les frais de transaction deviendraient absurdement élevés, mais cela n'aurait pas d'importance car le bitcoin ne devrait pas être négocié sauf en grosses quantitées de toute façon. L'autre problème est que s'il est bon marché de rejoindre la gouvernance de Bitcoin, alors le réseau est facile à attaquer par sybil, et je dirais que BTC est régi par des sybilles à ce jour. Le camp des "gros-blocs" estime que tout le monde sur terre devrait être en mesure d'échanger et de faire ses affaires sur Bitcoin. Les "petits-blocs" pensent que tout le monde devrait être en mesure de gérer soi-même le registre mondial chez soi, mais que seules certaines personnes très riches devraient pouvoir effectuer des transactions. Après des années de querelles, en 2017, Bitcoin s'est scindé en deux chaînes distinctes, et en 2018, il s'est à nouveau divisé. Alors quelle est la différence entre ces versions ? BTC est actuellement la version qui a le prix le plus élevé, avec la plus petite taille de bloc et la plus grande puissance de calcul. Malheureusement, il est régi par des développeurs de logiciels et des sybilles qui contrôlent le consensus grâce à une utilisation intelligente de logiciels malveillants appelés «soft-fork» qui leur permet de saper les règles du Bitcoin. Ils utilisent ce pouvoir pour changer les règles des transactions en mentant aux nœuds et en leur disant de les valider quand même. Toute la culture BTC consiste à acheter du BTC afin de le conserver jusqu'à un moment dans le futur où il sera vendu. Les paiements avec BTC ou les transactions de toute nature sont méprisés. BCH est un réseau basé sur Bitcoin qui pense que les blocs devraient être à peine légèrement plus grands, mais ils ont également des développeurs en charge des règles, tout comme BTC, et ils pensent que Bitcoin devrait être catégorisé pour être utilisé uniquement pour le commerce de détail, mais rien de plus. Le réseau change de règles tous les six mois. Les transactions non commerciales sont en général méprisées. BSV est la version restaurée du protocole Bitcoin original avec tous les paramètres ouverts afin que les nœuds honnêtes puissent s'engager dans un consensus conformément au livre blanc de Bitcoin - par preuve de travail ! Le protocole est gravé dans la pierre afin que les développeurs de logiciels ne puissent pas bricoler les règles. Cela permet aux entreprises de planifier des décennies d'utilisation du réseau et d'investir en toute confiance. En tant que seul réseau bitcoin totalement sans autorisation, le commerce de toute nature est encouragé sur BSV. Tout, allant des réseaux sociaux aux expériences de science des données météorologiques ou aux tests de disponibilité du réseau, est encouragé. Paiements de détail, tokenisation, ou tout autre type de contrat intelligent est simple à déployer sans limitations. Bitcoin SV n'a aucun limite sauf l'esprit humain et l'esprit d'entreprise. Et c'est la racine de la haine envers BSV. Les "petits-blocs" ont investi toute leur réputation et leurs moyens de subsistance sur la notion que le bitcoin est incapable de s'adapter. Pendant des années, des experts présumés ont convaincu de nombreuses personnes que les limites de taille de bloc de 2 Mo, 8 Mo ou 22 Mo casseraient littéralement Bitcoin. Ils ont furieusement mis en jeux leur réputation sur ces fausses notions. Et ensuite, BSV a eu de nombreux blocs de plus de 100 Mo. En fait, il y en a même eu quelques-uns de plus de 300 Mo! prouvant que les petits-blocs se trompent sur les limites du réseau. Mais cette prise de conscience est une menace pour l'hégémonie du récit de Bitcoin. Depuis 2015, lorsque le Dr Craig Wright est apparu sur les lieux pour expliquer que le bitcoin avait en réalité ZERO limitations, il a créé un tollé massif parmi l'intelligentsia des petits-blocs. Les leaders d'opinion de l'époque étaient payés pour prendre la parole lors de conférences où ils expliquaient à tort que Bitcoin n'était rien d'autre qu'une réserve de valeur rare sans autre utilité. Le Dr Wright parlait de l'échelle illimitée du réseau, de son exhaustivité de Turing et d'autres notions inconcevables (à l'époque) sur Bitcoin. Sa passion et ses connaissances se sont heurtées à des calomnies et des railleries. Ils se sont concentrés sur l'attaque de son personnage au lieu de discuter de Bitcoin! C'est devenu l'une des principales méthodes d'attaque des petits-blocs. Lorsque de gros-blocs parlent des capacités de Bitcoin, ils sont ridiculisés en tant qu'escrocs et le sujet est toujours dirigé très loin de la discussion technique, car les petits-blocs savent bien qu'ils sortiraient perdants. Ils fouillent les dossiers personnels et cherchent des moyens de faire taire les gens du camp des grands-blocs de Bitcoin de la même manière que les guerriers de la justice sociale s'engagent dans la culture d'annulation contre leurs ennemis politiques. Qui est le Dr Craig Wright et que fait-il? Si vous ne le savez pas, Craig Wright est le scientifique en chef d'une société de recherche sur Bitcoin au Royaume-Uni appelée nChain : une société de 150 à 200 informaticiens. Craig dirige l'équipe qui étudie les possibilités de Bitcoin et de ses applications dans le monde. Il est l'un des experts en criminalité numérique les plus reconnus au monde avec les certifications SANS et GIAC ainsi que les titres GSE CISSP, CISA, CISM, CCE, GCFA, GLEG, GREM et GSPA. En outre, il est un polymathe multidisciplinaire de troisième cycle: un doctorat en informatique, économie et théologie et titulaire d'une maîtrise en statistique et en droit commercial international. En 2015, il a également été exposé par une publication conjointe de WIRED et Gizmodo en tant que Satoshi Nakamoto, le créateur de Bitcoin. Quelques jours après cette révélation, les gens qui le soutenaient ont vu leurs clés d'accès au code révoquées, et de nombreux autres ont été instantanément bannis. Craig a été mis sous enquête par le bureau des impôts australien pour ce qu'il considérait être une erreur de comptabilisation probable de ses bitcoins. Les retombées ont été agressives et rapides, avec une gigantesque armée de petits-blocs, organisée sur Reddit et autres forums, et nouvellement financée par l'argent de la startup pro-petits-blocs appelée «Blockstream». Leur message était clair: Bitcoin doit garder de petits blocs. Le Bitcoin ne peut pas évoluer, et toute personne proche de Craig Wright sera harcelée pour se conformer à une armée de comptes Twitter anonymes et sans visage. Au cours des années suivantes, Ira Kleiman, frère du défunt Dave Kleiman, a poursuivi Craig Wright pour sa part du prétendu «Partenariat Satoshi Nakamoto», affirmant que Dave était plus impliqué qu'il ne l'était réellement, et l'affaire est en cours actuellement, jusqu'à courant 2021. Ira Kleiman pense que Craig est Satoshi et a investi une fortune incalculable et a obtenu l'argent d'investisseurs extérieurs pour poursuivre sa poursuite. Il est clair que les bailleurs de fonds d'Ira pensent que Craig est également Satoshi. Les critiques qualifient souvent la révélation publique et le procès public de Wright de ternir énormément sa réputation, mais il convient de noter que les deux sont arrivés à Wright et qu'il ne souhaitait clairement pas être pris dans l'une ou l'autre situation. Au lieu de cela, Craig est un défenseur passionné de la vision d'un Bitcoin avec de gros blocs, appelant à la professionnalisation, à la légalisation et à l'utilisation mondiales de Bitcoin pour une utilisation à tous les niveaux du commerce. La réponse à la passion de Craig et à ses affirmations a été d'attaquer sa réputation et d'endosser Internet avec le surnom de «Faketoshi». Lorsque de simples brimades ont échoué contre le Dr Wright, des attaques ont été intensifiées pour remettre en question ses divers diplômes, des pétitions aux universités pour enquêter sur lui pour plagiat dans divers travaux, y compris des thèses de doctorat, etc. Wright a même revendiqué des menaces contre la vie des membres de sa famille et il y a plus qu'une petite preuve que, selon Ian Grigg, une des légendes de la cryptographie: «des gens sont morts pour Bitcoin, vraiment, des gens sont morts». Les attaques en cours Cela ne peut être assez souligné: la communauté des petits-blocs est construite autour de tactiques d'ingénierie sociale professionnelle. Gregory Maxwell, co-fondateur de la société Blockstream, a été formé à la pratique de l'ingénierie sociale et l'a utilisé de manière si subversive comme un outil de propagande pendant son mandat en tant que modérateur rémunéré de Wikipedia, qu'il a finalement été démis de ses fonctions avec les journaux d'administration citant une litanie d'infractions, notamment: «Gmaxwell s'est engagé dans la création de faux comptes en masse…» - Alhutch 00:05, 23 janvier 2006 (UTC) «Menaces, insultes grossières, usurpations d'identité d'un administrateur», -Husnock 03:18, 25 janvier 2006 (UTC) «Son comportement est scandaleux. Franchement, il est hors de contrôle à ce stade. Son comportement d'intimidation doit cesser.» - FearÉIREANN 19:36, 22 janvier 2006 (UTC) «Sa liste de contributions est hors de propos. C'est du vandalisme. C'est un comportement auquel je m'attendrais d'un éditeur en furie, ce que, franchement, Gmaxwell est.» - Splashtalk 20h00, 22 janvier 2006 (UTC) «Prétend être un administrateur, menaçant de bloquer les personnes qui ne sont pas d'accord avec lui, fait régulièrement des attaques personnelles» - SlimVirgin (talk) 12h22, 22 janvier 2006 (UTC) Il passe beaucoup de temps sur Reddit et d'autres forums à semer la peur sur les dangers des gros blocs, et il a été surpris en train de faire semblant d'être plusieurs comptes à la fois en train d'avoir de très longues discussions techniques sur Reddit destinées à submerger les nouveaux arrivants avec ce qui ressemble à un débat intellectuel. Qui d'autre est attaqué? L'autre cible commune de la machine de guerre anti-BSV est Calvin Ayre: le milliardaire à la tête de l'empire du groupe Ayre. Calvin est un entrepreneur canadien et antiguais qui a lancé un incubateur Internet à Vancouver au tout début du boom Internet. Fils d'un éleveur de porcs, Ayre est surtout connu en dehors de l'économie Bitcoin pour la création et la professionnalisation de l'industrie du jeu d'argent sur Internet. Plus particulièrement, sous la marque Bodog, Ayre a aidé à moderniser les lois financières américaines compliquées et obsolètes en poussant les limites dans les marchés gris qui existent où les dollars américains sont utilisés à travers les frontières pour s'engager dans un commerce juridiquement compliqué comme le jeu d'argent. Son travail dans ce domaine lui a valu une petite fortune et un passage sur une liste des «plus recherchés» pour blanchiment d'argent. C'est un point sur lequel les petits-blocs aiment se concentrer, mais ils le sortent complètement de son contexte. Calvin a finalement plaidé coupable à une accusation de délit, mais a été le fer de lance de la modernisation des lois et règlements américains qui existent aujourd'hui sur les marchés complètement ouverts et fonctionnels. Il est respecté pour son travail dans l'industrie du jeu, les médias et la philanthropie. Calvin est certainement le bienvenu aux États-Unis malgré la critique souvent citée et dépassée selon laquelle il est une sorte de hors-la-loi. Calvin Ayre Dans l'économie Bitcoin, Ayre est une figure de proue dans la gestion de nœuds Bitcoin honnêtes pendant plusieurs années sous les marques CoinGeek et TAAL, et il est un investisseur dans nChain ainsi que plusieurs startups dans l'espace BSV. Bien qu'il soit probablement le plus gros investisseur, il n'est pas le monolithe que les petits-blocs laisseraient croire aux critiques. Il est important de comprendre que des segments entiers de l'écosystème BSV existent complètement en dehors de son influence. Twetch, par exemple, est une entreprise indépendante appartenant à l'écosystème BSV, célèbre pour ses attaques contre les médias sociaux centralisés. Ils sont même connus pour se moquer des entreprises qui acceptent l'argent d'Ayre, en plaisantant que Calvin possède tout sauf Twetch. Bien sûr, ce n'est pas vrai. Un autre excellent exemple est l'investisseur / entrepreneur indépendant Jack Liu : ancien dirigeant de Circle et OKEX. Liu possède la marque de hackathons CambrianSV ainsi que des propriétés précieuses dans l'espace BSV telles que RelayX, Streamanity, Output Capital, FloatSV et Dimely. Les autres acteurs clés sont MatterPool Mining et leur écosystème Mattercloud: une joint-venture entre des acteurs indépendants de l'écosystème BSV, avec des connexions directes aux protocoles BoostPOW et 21e8 et des relations avec des développeurs BSV indépendants. Bien sûr, il existe également des marques précieuses financées par Ayre. Il s'agit notamment de la propriété partielle via l'investissement dans HandCash, Centi, TonicPow et Unwriter's Planaria Corp. Une autre mesure importante à prendre en compte est la distribution de la puissance de hachage. Alors qu'à un moment de l'histoire, les entreprises appartenant à Ayre représentent une quantité importante de hachage sur bitcoin, BSV est aujourd'hui en grande partie exploité par des mineurs concurrents de Binance, F2Pool, OKEX et ViaBTC - dont aucun n'est «ami» de BSV ou d'Ayre, mais beaucoup sont ennemis. Ces mineurs soulignent cependant la nature ouverte et sans permission de BSV pour permettre à quiconque de participer. Ayre est un acteur important, mais en aucun cas un contrôleur de la direction de la blockchain ou des entreprises indépendantes dans l'économie BSV. Mais pourquoi Craig poursuit-il tout le monde en justice ? Tout d'abord, et c'est crucial, le procès le plus important de Craig est l'affaire Kleiman. Les autres cas existent uniquement à cause de la diffamation publique du Dr Wright. Le hashtag #CraigWrightIsAFraud circule largement, poussé en grande partie par un mélange de personnages anonymes sur Twitter. Plus particulièrement Magnus Granath AKA «Hodlonaut» a été averti qu'une accusation publique de fraude courait à son encontre. La carrière du Dr Wright est en informatique et en criminalistique numérique, donc le déclarer publiquement une fraude cause un préjudice financier au Dr Wright dans son domaine d'expertise commerciale. Puisque «Hodlnaut» a refusé de cesser, on lui a envoyer une requête pour être vu au tribunal. Cela a causé le célèbre podcasteur de petits-blocs Peter McCormack à mendier d'être poursuivi aussi - en augmentant la rhétorique diffamatoire contre le Dr Wright. À la demande de McCormack, il a lui aussi été attaqué en justice pour être vu au tribunal. Cette ère de service a engendré la campagne #DelistBSV menée en grande partie par «CZ», le PDG charismatique de Binance Exchange. Divers autres échanges comme Shapeshift et Kraken ont publié des sondages publics demandant s'ils devaient emboîter le pas, et des petits-blocs bien organisés ont voté en masse pour retirer BSV de leurs échanges - citant la toxicité du Dr Wright pour avoir intenté des poursuites en diffamation contre Hodlonaut et McCormack. Finalement, BSV a été retiré de Binance, ShapeShift et Kraken. Il a également été noté publiquement par Coinbase et Gemini qu'ils ne soutiendraient pas du tout cette version de bitcoin à la suite du drame public. Au fur et à mesure que les choses progressaient, le fondateur de Bitcoin.com, Roger Ver, a également réalisé une vidéo publique déclarant Wright comme arnaqueur. C'était après avoir travaillé sournoisement avec les développeurs Bitcoin ABC pour coder des points de contrôle dans le logiciel ABC de Bitcoin Cash, divisant de manière permanente le réseau Bitcoin pour la deuxième et dernière fois - un acte pour lequel Roger est également poursuivi par d'autres parties privées en Floride. Roger Ver a été averti que des problèmes juridiques similaires se présenteraient à sa porte pour avoir diffamé le Dr Wright, mais les critiques publiques ont persisté jusqu'à ce que Roger soit également entendu devant le tribunal et fournisse la preuve de la fraude de Wright, sous peine de sanctions pour diffamation publique. Son cas est en instance à Antigua-et-Barbuda, où il est récemment devenu citoyen. Et ensuite il se passe quoi ? Nous avons établi l'histoire du Bitcoin, de la guerre civile, des attaques publiques contre Wright, Ayre et BSV. Au moment d'écrire ces lignes, nous pouvons revenir sur les attaques contre Thomas Lee, Tim Draper et Jimmy Wales pour avoir eu une proximité avec BSV. Malgré la pression sociale, le rapport Fundstrat de Lee a rendu un examen élogieux du protocole fixe et de l'évolutivité infinie de BSV. Lee et son équipe étaient heureux de prendre la parole lors des événements précédents de CoinGeek, même après le tollé public. Pour la conférence CoinGeek 2020 à New York, McCormack, Hodlonaut, « Arthur Van Pelt » et d'autres acteurs tels que le Dan Held de Kraken et une cacophonie de trolls anonymes sur Twitter ont mis à profit leur expérience de la culture d'annulation à la bolchevique pour faire pression sur les orateurs Gary Vaynerchuk , et d'autres orateurs prévus afin de les forcer à annuler leur participation à la conférence. Cette attaque sociale contre BSV, Dr. Wright, Ayre et les autres entreprises qui utilisent le réseau BSV pourrait être un cas gigantesque de fraude à la consommation. Ils trompent activement les gens en leur faisant croire que le protocole fixe et l'évolutivité infinie de Bitcoin SV sont en quelque sorte dangereux, alors qu'en fait, le protocole et le réseau sont imperméables à toutes les attaques, à l'exception de leur ingénierie sociale. Bitcoin SV s'est développé professionnellement avec un portefeuille de brevets de classe mondiale. Il est utilisé par des entreprises indépendantes pour réaliser des profits et il est exploité sur le marché libre par un groupe décentralisé de nœuds honnêtes qui se font concurrence. Le réseau est fixe, sécurisé et en croissance grâce aux investissements de petites entreprises et de gestionnaires de capitaux mondiaux. Les mensonges au contraire sont basés sur une campagne massive de dénigrement perpétrée par les communautés d'autres cryptomonnaie qui craignent l'adoption mondiale de BSV comme outil de commerce et ce que cela signifiera pour eux. L'histoire ne sera pas gentille avec ces manipulateurs et leurs réseaux qui sont financés par les fraudes probables des échanges de crypto-monnaies off-shore, le (très probablement) frauduleux Tether Stablecoin, et l'économie de "pump-and-dump" qui sous-tend 95% du volume de négociation de l'ensemble de l'économie cryptomonnaie actuelle. C'est une guerre civile. Il y aura toujours des victimes, mais alors que BTC et BCH se concentrent sur les ragots et les affaires illicites, BSV veut que le monde entier soit plus libre, plus souverain et plus capable de coopérer sur le registre mondial de la vérité afin que les entrepreneurs du monde puissent s'engager dans les grandes entreprises ou de simples nano-services sont rendus possibles uniquement par Bitcoin. Bitcoin est un test d'intelligence. Au fil du temps, les personnes intelligentes pourront voir à travers le brouillard de distorsion de la réalité créé pour confondre les innocents et reconnaître cela pour ce que c'est, une attaque coordonnée pour tenter de supprimer une technologie supérieure qui les rendrait obsolètes. Des exemples d'applications Bitcoin que vous pouvez essayer dès aujourd'hui gratuitement ? Si vous vous sentez prêt à faire le premier pas dans le futur vous êtes libres de tester les meilleurs applications du Metanet sur https://metastore.app/apps?sort=money Le site le plus populaire du Metanet à ce jour est bit.ly/twetchapp, une version de twitter incensurable sur la blockchain, allez jeter un oeil ! _______________________ sources: traduit et inspiré de https://coingeek.com/the-war-on-bitcoin/ image : https://imgur.com/1Yb0Yle
What is Masternode? Why Is XinFin Masternode a Good Alternative to Proof of Work
Taking into account current market conditions more and more crypto enthusiasts are gaining interest in being rewarded for holding tokens. Ain’s it’s beneficial than patiently waiting for the moon? Traditional Proof-of-Work (PoW) mining is not in the best shape. Therefore miners are not an exception as it’s getting harder to stay profitable. Plus, PoW mining isn’t friendly for mass adoption and requires huge network consumption. Another important fact is that you do not have to be a trading guru to start gaining additional income. These are just a few reasons why more buzz have been around the Proof-of-Stake (PoS) and Masternodes (MN). We have to admit that they are eye-catching nowadays, and considered as the future of cryptocurrency. Now you might be asking yourself “What is the Masternode?” Let’s get down to business! Well, in a nutshell, masternode is a server on a decentralized network. Some blockchain protocols provide for the creation of particular nodes that perform additional work on the verification of transactions and bring their owners regular profits. Such nodes are called masternodes. They regularly get rewards for completing such actions. Builds a curiosity? Move on! Why Do You Need to Launch a XinFin Masternode Now, Until it’s Not Too Late? XinFin Masternode is a good option for passive income, and there are several reasons why it might be the right time to start running a XinFin masternode or a few at once. First of all, XinFin masternodes are not so famous for now. However, this is likely to change soon. The same applies to rewards, which will decrease every year. Secondly, the XinFin XDC coin is cheaper, which means that the entry threshold at the moment is much lower than before. It won’t cost you a fortune. Finally, it’s better to hold and get rewards than merely hope for prices to go up. Although according to the CoinGecko 2018 report the numbers of both masternodes and masternode coins increased significantly during the past year, there is still a substantial drop in overall value. The total market cap for masternodes coins dropped from over $12 billion in January 2018 to just over $500 million by 2018’s end — a double-digit drop quarter-on-quarter. Nevertheless, it’s just the beginning of the XinFin. Remember, the early bird gets the worm! What is the Average XinFin Masternode ROI? Take in mind, that ROI is a relative term in the context of cryptocurrency space. We got used to the practice that ROI in crypto space is a bit another term, unlike the traditional markets where XinFin ROI measures per year around 10%+ as per the past few months’ data. How to Setup Masternode: It’s very easy to setup XinFin Masternode compare to setting us crypto mining facility for Bitcoin and ethereum. XinFin vs bitcoin mining: XinFin Masternode needs the lowest hardware configuration to run masternode while bitcoin needs the high configuration of hardware to run bitcoin mining and this also results in high depreciation every month with high risk. While XinFin Masternode runs with a tiny VPS hosting plan with the lowest cost of operation. Before the launch of XinFin main-net i used to do bitcoin and ethereum mining And now shifted to XinFin network after the launch of main-net Disclaimer: Digital asset investment, Mining comes with high risk. This article is not for the purpose of investment, tax or legal advice. The author is not responsible for any review of the assets. Please consult with your financial advisor before Crypto Investment or starting mining facilities Useful link for XinFin Masternode Here is a link on How to setup masternode. IndSoft System partnership with XinFin for hosting masternode: Click here to know more about partnership. Guide to setup node with one click installer For any instant support join XinFin Telegram Group.
First, equities: Expected earnings are down across the board, presumably by a whopping quantity. A number of weeks ago, within the U.S. and Europe, business was humming along, albeit with trepidation. Currently, bars and restaurants are closed in many population centers, events are cancelled, outlets are shut, planes are grounded…. The list of sectors impacted by the required virus precautions is long and alarming. https://preview.redd.it/70gmkkotxdf51.jpg?width=730&format=pjpg&auto=webp&s=23390e052c04b6bbb5309af4b52422963edb3192 Next, government bonds: If there’s one issue the bond market hates, it’s inflation. The unwinding of globalization as a results of constricting offer chains can push up manufacturing costs which will feed through to costs. Liberally sprinkle cash round the system within the hopes of stimulating spending, in an exceedingly provide crisis, and you add to the inflationary pressure. Nominal yields on public debt are at traditionally low levels; inflation can push even additional real yields into negative territory. As for company bonds, the sharp drop in earnings not to mention increasing costs might trigger a wave of defaults. What about gold? The traditional shelter can in all probability do well within the medium term as investors bear in mind its anti-inflationary properties. Gold traditionally outperforms in low-rate environments – no shortage of those these days. Plus, its lack of income makes it less prone to drops in economic activity. And then there’s Bitcoin storm. Its high volatility makes it unsuitable for several investors. However those who think gold makes sense in this world gone mad are presumably going to take a closer look, particularly once the perspective-changing storm we’ve simply weathered (with in all probability a lot of to come back). Even those skeptical of gold’s place in an exceedingly diversified portfolio are sure to be curious about a digital alternative that solves for a number of the metal’s weak points while revealing relationships with the broader economy that no other asset has Last week I wrote concerning how it’s not a secure haven. Here’s the issue: it doesn’t want to be. See additionally: As This Crisis Worsens, Bitcoin storm Will Become a secure Haven Once more For those worried regarding inflation, Bitcoin storm is even additional resistant than gold. Its laborious cap and pre-programmed provide are resistant to fluctuations in value. A sharp jump in the price of gold, but, is possible to bring a lot of offer onto the market as production ramps up, and could even impact the estimated provide limit as various mining ways become profitable. https://preview.redd.it/3usx9o3wxdf51.jpg?width=474&format=pjpg&auto=webp&s=1f5ede5e81d642b6bc33c76fb5e617d987bf6219 For those worried concerning a pointy economic slump, Bitcoin storm is practically the sole asset indirectly impacted by macroeconomics. There’s no income to chop and no offer chains to hinder access. External factors like energy prices and supply chains will impact miner economics, but Bitcoin storm itself adjusts for shifts in the upkeep of its network. When miners close down, Bitcoin storm becomes chper to mine, that eventually makes the enterprise profitable again. What makes Bitcoin storm even more of a distinctive asset class is it can be indirectly impacted by macroeconomics, in a very huge approach. The impact will come from many vectors, however particularly loose monetary policy, the currency markets, emerging economies and populist tendencie 1) Loose monetary policy: With central banks around the planet hitting the markets with no matter they'll, cash offer constraints have been thrown out the window. As this crisis unfolds, the number of money that can enter the system to help out not only markets but additionally voters and firms can dwarf what we tend to saw in 2008. Back then, the markets were threatening to drive the economy into a wall, therefore reassuring them was paramount. Currently the threat to the economy is driving markets into the wall. The usual ways that assuage market panics aren’t visiting stimulate demand that's reeling from mandated shutdowns, job losses and generalized worry. Printing cash may maybe facilitate if it really gets into the hands of the consumers, but that can produce inflationary pressure in an economy with no tools left to fight it. The usual anti-inflation weapon is raising interest rates – but doing that during a heavily indebted surroundings might trigger waves of company and even sovereign defaults. Growing inflationary pressures and steady currency debasement will presumably increase interest in disinflationary assets like Bitcoin storm and gold which will additionally be used for payment in some circumstances. a pair of) Currency markets: Investors around the globe are fleeing into bucks, pushing up its worth relative to different currencies. This might facilitate the U.S. client by making imports cheaper, if imports weren’t disrupted by provide chain constrictions. But with a stronger dollar, U.S. producing can become uncompetitive, and foreign holders of greenback-denominated debt might get pushed into default. Other countries’ import and debt service prices can skyrocket, weakening their currencies and pushing up the dollar even more. The ballooning demand for greenbacks could lead to a currency liquidity crunch – the swap lines extended to foreign central banks in last Sunday’s Fed intervention were expanded even any on Thursday, a worrying sign that the initial live wasn’t enough to alleviate the strain on the FX markets. See Conjointly: Into the Unknown: No Limit on Fed Cash Injections Calls are growing for concerted action the same as the 1985 Plaza Accord, however getting economic powers to follow the lead of an “America 1st” government whose leader based mostly a lot of of his campaign on guarantees of a wall is going to be a a lot of tougher challenge than within the post-stagflation desperation of the late twentieth century. With fractures in the world currency order turning into increasingly apparent, economists and investors can be asking what the next monetary order can seem like. Bitcoin storm could or might not be part of that resolution however it's a brand new tool in the box. three) Rising economies: The sharp escalation of greenback-based mostly costs, combined with a demand crunch, may push non-greenback economies into recession, that is seemingly to steer to social unrest. In some elements of the planet, this might be met with swift retaliation or even regime modification. The confiscatory bias of political parties navigating an influence struggle could intensify interest during a liquid and semi-non-public store of worth. 4) Populist tendencies: Whereas a lot of established democracies will deal with recessions and social unrest through negotiations and trade-offs, even they could veer towards populist tendencies. These will most likely take the shape of extra support for overwrought health systems, also for voters and companies hit hard by mandated shutdowns and resulting slump in demand. https://www.cryptoerapro.com/bitcoin-storm/ https://preview.redd.it/i75a7muzxdf51.jpg?width=770&format=pjpg&auto=webp&s=16f5d531ac24d9c71d249f734a8b5b4dd703ea6f
We are badly dropping the ball regarding the coming S2X attack, please don't get complacent just because the previous attacks have failed, this one is different (it has many powerful Bitcoin companies and most miners behind it). Here's what to do:
I kindly ask all members of the community to join the fight against 2x. We must do whatever it takes to make sure the hardfork is safe. Please contact the NYA signatories and ask them to either demand 2x is made safe or abandon it:
Let them know that as implemented, 2x is dangerous and that is not what they signed up for. If these companies want to fork away, that is fine, but they should do it in a safe way that respects those who choose not to follow them. Let the NYA signatories know that the person who proposed the idea, cited in the NYA, supports making the hardfork safe (https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-June/000010.html), but the developer irresponsibly team refuses to do so. The NYA signatories are under no obligation to support a dangerous hardfork and instead should demand a safe one.
I sent Coinbase this message:
Hello, please forward this customer request and the article below (link) to the appropriate departments: If Coinbase continues supporting S2X (New York Agreement) we would be closing our Coinbase accounts and transfer all the funds out before the end of October. Thanks. "Segwit2X: the broken agreement" https://medium.com/@WhalePanda/segwit2x-the-broken-agreement-e9035a453c05
Now we finally know why miners have been blocking segwit and why they are pushing Segwit2X, BU, etc:
"Segwit2X is about the miners getting rid of the Core developers...Jihan has told me this himself." says Chris Kleeschulte from Bitpay
https://youtu.be/0_gyBnzyTTg?t=1h27m25s EDIT: They removed the youtube video, but the audio for this Podcast is still available here at time index 1:27:22:https://soundcloud.com/blocktime/blocktime-episode-9-segwit-80-percent-and-the-assorted-bag-hodlers#t=1:27:22 EDIT 2: Clip removed from soundcloud now too. Bitmain or Bitpay or someone really wants to keep you from hearing this clip. It can now be found here: https://clyp.it/q2rotlpm ** EDIT 3: Apparently this post was responsible for Chris Kleeschulte no longer being allowed to participate in the Block Time podcast, which is unfortunate. The podcast issued this official statement "Due to recent notoriety we have received, (mainly being on top of reddit for five hours), we won't be able to have Chris on the podcast until further notice, this was entirely Chris' fault for saying stupid things and he is sorry, and he sincerely apologizes to anyone affected."
Clip removed from soundcloud now too. Bitmain or Bitpay or someone really wants to keep you from hearing this clip. It can now be found here:
Brian Armstrong: Coinbase didn't sign the industry letter because I think the intention behind it is wrong. On the surface it is a communication about how exchanges would handle the hard fork, and a request to BU for replay attack protection. But my concern was that it was actually a thinly veiled attempt to keep the BTC moniker pegged to core software. I think a number of people who put their name on it didn't realize this. A couple thoughts: Certainly it makes sense to list forked assets separately on exchanges, especially during periods of uncertainty. But it doesn't make sense to say BTC can only be modified by one development team. If there is overwhelming support from miners and users around any new version of the software (regardless of who wrote it), then I think that will be called Bitcoin (or BTC). The replay attacks are a real concern. We spent some time talking with Peter Rizun from BU last week and he/they seem very open to hearing ideas on replay attack protection and coming up with solutions, which was great to see. It is not as trivial for them to add as I originally thought, because it seems adding replay protection would break SPV clients (which includes a number of mobile wallets). We as a community could probably use more brainstorming on how to solve this generally (for any hard fork). I'll make a separate post on that. I think regardless of what was stated in the letter (and people's personal views), pretty much every exchange would list whatever version got the overwhelming majority of miner and user support as BTC. I also think miners know this. A number of exchanges (GDAX, Poloniex, Gemini) didn't sign the letter, or later clarified their position on it (ShapeShift, Kraken), so I think there are a variety of opinions out there. I think creating public industry letters that people sign is a bad idea. They haven't been very effective in the past, they are "design by committee", people inevitably say their views were not accurately represented after the fact, and they tend to create more drama. I'd rather see private communication happen to move the industry forward (preferably on the phone, or in person - written communication is too easy to misinterpret people's tone). Or to have each exchange state their own opinion. My goal is to have Coinbase be neutral in this debate. I think SegWit, BU, or other solutions could all be made to work in bitcoin. We're here to provide whatever our customers want as best we can across all digital currencies, and work with the wider community to make forward progress.
US Congressman Tom Emmer announced late Friday that he will introduce a trio of cryptocurrency and blockchain related bills as cryptocurrencies fell lower this weekend after posting significant gains last week
Crypto News
A research report authored by Weiss Ratings, a provider of market research on stocks, ETFs, mutual funds, and cryptocurrencies, makes a bold prediction saying Bitcoin will lose half of its market share to Ethereum within five years. The research report cites that Bitcoin is a, “one trick pony” while Ethereum’s superior blockchain does not limit the cryptocurrency in any sense. After receiving some negative feedback from investors, Weiss Ratings clarified via tweet that they see an, “Ethereum-like platform dominating the market – not necessarily Ethereum itself.”
According to a report by Bloomberg, Brazil’s largest independent broker, Grupo XP, is launching a cryptocurrency exchange in the coming months. Grupo XP announced this move as Brazil may be on the brink of eased cryptocurrency regulations after Brazil’s regulatory agency announced last week it is investigating the country’s largest banks for allegedly halted the service to cryptocurrency related firms. Approximately 3 million Brazilians own cryptocurrencies while just 600,000 have holdings in stocks.
After Bitcoin developers reported of a patch in Bitcoin Core to fix a bug that could bring down a large chunk of the network, an official Common Vulnerabilities and Exposures (CVE) report revealed that the bug was more serious than initially let on. According to the CVE report, an attacker could have exploited the bug to create new Bitcoin, thereby inflating the 21-million coin supply and devaluing current Bitcoins. Over half of Bitcoin miners have updated to the new software patch meaning users can no longer exploit this bug.
Cryptocurrencies and their blockchains have observed more “down-time” in 2018 than ever before. After Steemit, a blockchain-based blogging platform that pays content creator in cryptocurrencies, went down for multiple hours on September 17th, Coindesk released an article discussing the increased down-time cryptocurrencies and their blockchains have observed in 2018. Coindesk’s article details that new and innovative consensus protocols, such as varied versions of Proof of Stake, have contributed to causing increased blockchain downtimes due to experimental protocols and unforeseen issues with these experimental protocols.
Dubai’s Department of Finance (DoF) announced yesterday that it has partnered with the Smart Dubai Office (SDO) to launch a blockchain-powered government payment system. Reported by local news outlet, Zawya, the platform, dubbed, Payment Reconciliation and Settlement, launched yesterday and enables government entities to conduct real-time payments between each other and within government structures while providing more transparency.
Erik Voorhees, CEO of cryptocurrency exchange ShapeShift, said that the exchange’s decision to begin collecting IDs from users was proactive and a necessary step to reduce legal risks. The decision came as Shapeshift was facing warnings from regulators to begin adhering to Know-Your-Customer regulations.
Ethereum developers and miners have come together to stop specialized mining hardware from operating on its network. After a new application-specific integrated circuit (ASIC) was announced last Thursday, developers and mines have become vocal about ASICs effectively pushing out smaller miners from being able to operate. Members of the Ethereum community have called on developers to implement measures against ASIC mining in the Ethereum blockchain, as many believe ASICs can dominate a mining community and force decisions upon a coin.
Iceland’s cryptocurrency industry may be moving away from a mining focus and moving towards a pure blockchain focus. Halldor Jorgenson, chairman of Borealis Data Center in Reykjavik, told news outlet Red Herring that demand from local cryptocurrency firms is shifting more towards pure blockchain. Iceland has become a popular area for mining due to its cold climate and cheap electricity, however, Icelandic industry experts have cited that a blockchain focus is better for the long-term future.
In relation to the probe against Amit Bhardwaj and his alleged Bitcoin Ponzi fraud, Indian police authorities have seized USD$60 million of assets associated with the scheme. The Ponzi scheme was responsible for stealing roughly USD$5.26 billion from over 8,000 people.
Opera is launching a special edition of its Labs desktop browser today that will feature a functional built-in crypto wallet. Announced in early August, the special edition of Labs opened today for private beta testers. According to a blog-post shared with Cointelegraph, Labs will enable users to authenticate Web 3.0 and dApp transactions made on their computer using their Android phone.
Tom Emmer, a member of US Congress, is sponsoring a trio of blockchain-focused bills that aims to support the development and use of blockchain technology and cryptocurrencies. The first of the three bills addresses regulatory frameworks around cryptocurrencies and blockchain. The second bill ensures cryptocurrency miners would not be required to register as money transmitters. The third bill would protect tax payers in reporting revenue from tokens that resulted from a hardfork. Emmer’s announcement of these three bills came Friday, the same day he was named a co-chair of the Congressional Blockchain Caucus.
Craig Wright: The Real Satoshi Or The Real Scammer
Today we will focus on Craig Wright, the person who took the liberty to declare himself as true Satoshi Nakamoto and who tries to take all the credit of the creator of Bitcoin, the main cryptocurrency. Bitcoin is considered to be one of the progressive forms of payments — absolutely transparent, distributed and resistant to external influence. Its creator must be at least a genius, and most importantly, a billionaire — because a significant amount of Bitcoins mined in the early stages of the project is concentrated in his hands. It is known that Satoshi Nakamoto retired from the project around 2010 and no one knows exactly who is he really is. In December 2015, two American publications — Gizmodo and Wired — published huge investigations aimed at finding a man who has been hiding under the name of Satoshi Nakamoto since 2008. Clues led journalists to Craig Wright, a 45-year-old entrepreneur from Australia, which on many grounds could be reckoned as a true Satoshi. For example, there were publications about the ideas of a decentralized payment system similar to Bitcoin in Wright’s blog in 2008, a year before Satoshi Nakamoto himself created BTC. Another interesting fact is that in 2013 he invested more than one million BTC in the project to create his Bitcoin Bank — supposedly only the creator of Bitcoin could own such amount of coins. In correspondence with the publications, Craig indirectly confirmed that he is Nakamoto. At the same time, in December, 2015, Wright said that he was not going to talk about himself publicly. But almost six months later Craig Wright appeared on the front pages. Unexpectedly for many, Craig decides to give an interview to the BBC and The Economist, in which once again, but already publicly assures that he is Satoshi Nakamoto. As the main proof, Wright provided a “cryptographic signature” from the private key used in the first Bitcoin transactions by Satoshi Nakamoto himself. Since then, Dr. Wright did not give up his words and continued to tell everyone that he is Satoshi. Later Craig said that he would sue anyone who slanders him and generally denies his merits in the creation of Bitcoin. And while he was just talking around declaring himself as the creator of BTC — all this was tolerated and ignored. But when Wright began to threaten all who disagreed with his lies, the crypto-community decided to teach him a lesson. Binance CEO Changpeng Zhao wrote the following on his Twitter:
“Craig Wright is not Satoshi. Anymore of this sh!t, we delist!”
His example was followed by some other exchanges, like ShapeShift and Kraken, which also announced the delisting of BSV. Blogger and ex-hacker Nik Cubrilovic and cybersecurity researcher Dan Kaminsky published their own investigations in which Wright is exposed as a great deceiver. Enthusiasts also investigated the activities of Wright and his companies. It turned out that the purpose of the existence of many of them was to draw tax refunds and the operation of other benefits that are provided to companies focused on research activities. When an entrepreneur’s business started to decline and companies have earned an unpleasant reputation, Wright decides to appear before the public as Satoshi Nakamoto. According to Cubrilovic’s opinion, this could improve Craig’s affairs, attract new investments and add excitement since it is known that Nakamoto owns large amounts of Bitcoins. Craig’s opponents also notice one detail: Satoshi Nakamoto would certainly stand on the side of the Bitcoin community that would like to leave the BTC system in its original form. However, in a conversation with The Economist Wright drew a different picture: if Bitcoin power can be repeatedly scaled, then it will be able to replace not only all banking systems but many others, becoming a truly mainstream currency. In this case, the regulation and support of such cryptocurrency would have to be taken up by large organizations — from banks, already interested in using blockchain technology, to entire states. If this happens, Bitcoin will really replace conventional currency but will lose its independence — the main reason for its creation. Here are some interesting facts about Craig Wright:
In the early 1990s, worked as a sauce cook at a French restaurant.
Wright filed about 114 Blockchain-related patents since 2017
Craig Wright has his own companies, for example, the Tulip Trading company, which has been very successful in developing supercomputers, as well as DeMorgan Ltd and Panopticrypt Pty Ltd, engaged in various operations with cryptocurrencies. But Wright’s main project is, of course, his own Bitcoin SV (Satoshi Vision), which appeared as a result of the fork of Bitcoin Cash in November 2018. The fork’s reason was the dissatisfaction of developers and miners with a size of the blockchain that was originally written in code. Transactions were processed very slowly, so Bitcoin Cash ABC appeared, where the size was increased to 8 megabytes. But this was not enough for Craig Wright, and he initiated the second fork, setting the block size to 128 megabytes in the currency he was in charge of.
In February 2018 Wright was sued by David Kleiman — a computer scientist and cyber-security expert suspected to be one of the developers behind the Bitcoin and the blockchain tech. Kleiman said that Wright stole between 550,000 and 1,100,000 BTC.
In 2018, Craig Wright was sued, accusing him of forging contracts and signatures in order to assign Bitcoins in the amount of $5 billion.
In October 2017, Cointelegraph published a list of the most influential individuals from the blockchain industry. Not finding his name in it, Craig Wright appealed to the media with a comment about their negative mood regarding his personality. At the same time in the Cointelegraph ranking was the name Satoshi Nakamoto. This situation was noted as Wright’s recognition that he is not the creator of Bitcoin.
Craig is suspected of repeatedly conducting operations to cash large amounts of BTC. During one of the checks, he brought the family from his native Sydney and moved to London to continue working and creating his own business.
What do you think about Craig Wright? Write your opinion in the comments below!
Like and share this article if you find it useful. Want more interesting articles on the crypto world? Follow us onMedium,Twitter,Facebook, andRedditto getStealthex.ioupdates and the latest news about the crypto world. For all requests message us at [[email protected]](mailto:[email protected]).
My hat goes off to the NYA signers and their support for bigger blocks in the face of fanatical thugs who operate by threatening, lying, manipulating and censoring
The following companies and services have pledged to adopt bigger blocks by supporting SegWit2X. We should all in turn make sure to support these companies. Wallets
Craig Wright: The Real Satoshi Or The Real Scammer
Today we will focus on Craig Wright, the person who took the liberty to declare himself as true Satoshi Nakamoto and who tries to take all the credit of the creator of Bitcoin, the main cryptocurrency. Bitcoin is considered to be one of the progressive forms of payments — absolutely transparent, distributed and resistant to external influence. Its creator must be at least a genius, and most importantly, a billionaire — because a significant amount of Bitcoins mined in the early stages of the project is concentrated in his hands. It is known that Satoshi Nakamoto retired from the project around 2010 and no one knows exactly who is he really is. In December 2015, two American publications — Gizmodo and Wired — published huge investigations aimed at finding a man who has been hiding under the name of Satoshi Nakamoto since 2008. Clues led journalists to Craig Wright, a 45-year-old entrepreneur from Australia, which on many grounds could be reckoned as a true Satoshi. For example, there were publications about the ideas of a decentralized payment system similar to Bitcoin in Wright’s blog in 2008, a year before Satoshi Nakamoto himself created BTC. Another interesting fact is that in 2013 he invested more than one million BTC in the project to create his Bitcoin Bank — supposedly only the creator of Bitcoin could own such amount of coins. In correspondence with the publications, Craig indirectly confirmed that he is Nakamoto. At the same time, in December, 2015, Wright said that he was not going to talk about himself publicly. But almost six months later Craig Wright appeared on the front pages. Unexpectedly for many, Craig decides to give an interview to the BBC and The Economist, in which once again, but already publicly assures that he is Satoshi Nakamoto. As the main proof, Wright provided a “cryptographic signature” from the private key used in the first Bitcoin transactions by Satoshi Nakamoto himself. Since then, Dr. Wright did not give up his words and continued to tell everyone that he is Satoshi. Later Craig said that he would sue anyone who slanders him and generally denies his merits in the creation of Bitcoin. And while he was just talking around declaring himself as the creator of BTC — all this was tolerated and ignored. But when Wright began to threaten all who disagreed with his lies, the crypto-community decided to teach him a lesson. Binance CEO Changpeng Zhao wrote the following on his Twitter:
“Craig Wright is not Satoshi. Anymore of this sh!t, we delist!”
His example was followed by some other exchanges, like ShapeShift and Kraken, which also announced the delisting of BSV. Blogger and ex-hacker Nik Cubrilovic and cybersecurity researcher Dan Kaminsky published their own investigations in which Wright is exposed as a great deceiver. Enthusiasts also investigated the activities of Wright and his companies. It turned out that the purpose of the existence of many of them was to draw tax refunds and the operation of other benefits that are provided to companies focused on research activities. When an entrepreneur’s business started to decline and companies have earned an unpleasant reputation, Wright decides to appear before the public as Satoshi Nakamoto. According to Cubrilovic’s opinion, this could improve Craig’s affairs, attract new investments and add excitement since it is known that Nakamoto owns large amounts of Bitcoins. Craig’s opponents also notice one detail: Satoshi Nakamoto would certainly stand on the side of the Bitcoin community that would like to leave the BTC system in its original form. However, in a conversation with The Economist Wright drew a different picture: if Bitcoin power can be repeatedly scaled, then it will be able to replace not only all banking systems but many others, becoming a truly mainstream currency. In this case, the regulation and support of such cryptocurrency would have to be taken up by large organizations — from banks, already interested in using blockchain technology, to entire states. If this happens, Bitcoin will really replace conventional currency but will lose its independence — the main reason for its creation. Here are some interesting facts about Craig Wright:
In the early 1990s, worked as a sauce cook at a French restaurant.
Wright filed about 114 Blockchain-related patents since 2017
Craig Wright has his own companies, for example, the Tulip Trading company, which has been very successful in developing supercomputers, as well as DeMorgan Ltd and Panopticrypt Pty Ltd, engaged in various operations with cryptocurrencies. But Wright’s main project is, of course, his own Bitcoin SV (Satoshi Vision), which appeared as a result of the fork of Bitcoin Cash in November 2018. The fork’s reason was the dissatisfaction of developers and miners with a size of the blockchain that was originally written in code. Transactions were processed very slowly, so Bitcoin Cash ABC appeared, where the size was increased to 8 megabytes. But this was not enough for Craig Wright, and he initiated the second fork, setting the block size to 128 megabytes in the currency he was in charge of.
In February 2018 Wright was sued by David Kleiman — a computer scientist and cyber-security expert suspected to be one of the developers behind the Bitcoin and the blockchain tech. Kleiman said that Wright stole between 550,000 and 1,100,000 BTC.
In 2018, Craig Wright was sued, accusing him of forging contracts and signatures in order to assign Bitcoins in the amount of $5 billion.
In October 2017, Cointelegraph published a list of the most influential individuals from the blockchain industry. Not finding his name in it, Craig Wright appealed to the media with a comment about their negative mood regarding his personality. At the same time in the Cointelegraph ranking was the name Satoshi Nakamoto. This situation was noted as Wright’s recognition that he is not the creator of Bitcoin.
Craig is suspected of repeatedly conducting operations to cash large amounts of BTC. During one of the checks, he brought the family from his native Sydney and moved to London to continue working and creating his own business.
What do you think about Craig Wright? Write your opinion in the comments below!
Like and share this article if you find it useful. Want more interesting articles on the crypto world? Follow us onMedium,Twitter,Facebook, andRedditto getStealthex.ioupdates and the latest news about the crypto world. For all requests message us at [[email protected]](mailto:[email protected]).
Coinbase didn't sign this letter because I think the intention behind it is wrong. On the surface it is a communication about how exchanges would handle the hard fork, and a request to BU for replay attack protection. But my concern was that it was actually a thinly veiled attempt to keep the BTC moniker pegged to core software. I think a number of people who put their name on it didn't realize this. A couple thoughts:
Certainly it makes sense to list forked assets separately on exchanges, especially during periods of uncertainty. But it doesn't make sense to say BTC can only be modified by one development team. If there is overwhelming support from miners and users around any new version of the software (regardless of who wrote it), then I think that will be called Bitcoin (or BTC).
The replay attacks are a real concern. We spent some time talking with Peter Rizun from BU last week and he/they seem very open to hearing ideas on replay attack protection and coming up with solutions, which was great to see. It is not as trivial for them to add as I originally thought, because it seems adding replay protection would break SPV clients (which includes a number of mobile wallets). We as a community could probably use more brainstorming on how to solve this generally (for any hard fork). I'll make a separate post on that.
I think regardless of what was stated in the letter (and people's personal views), pretty much every exchange would list whatever version got the overwhelming majority of miner and user support as BTC. I also think miners know this.
A number of exchanges (GDAX, Poloniex, Gemini) didn't sign the letter, or later clarified their position on it (ShapeShift, Kraken), so I think there are a variety of opinions out there.
I think creating public industry letters that people sign is a bad idea. They haven't been very effective in the past, they are "design by committee", people inevitably say their views were not accurately represented after the fact, and they tend to create more drama. I'd rather see private communication happen to move the industry forward (preferably on the phone, or in person - written communication is too easy to misinterpret people's tone). Or to have each exchange state their own opinion.
My goal is to have Coinbase be neutral in this debate. I think SegWit, BU, or other solutions could all be made to work in bitcoin. We're here to provide whatever our customers want as best we can across all digital currencies, and work with the wider community to make forward progress.
Craig Wright: The Real Satoshi Or The Real Scammer
Today we will focus on Craig Wright, the person who took the liberty to declare himself as true Satoshi Nakamoto and who tries to take all the credit of the creator of Bitcoin, the main cryptocurrency. Bitcoin is considered to be one of the progressive forms of payments — absolutely transparent, distributed and resistant to external influence. Its creator must be at least a genius, and most importantly, a billionaire — because a significant amount of Bitcoins mined in the early stages of the project is concentrated in his hands. It is known that Satoshi Nakamoto retired from the project around 2010 and no one knows exactly who is he really is. In December 2015, two American publications — Gizmodo and Wired — published huge investigations aimed at finding a man who has been hiding under the name of Satoshi Nakamoto since 2008. Clues led journalists to Craig Wright, a 45-year-old entrepreneur from Australia, which on many grounds could be reckoned as a true Satoshi. For example, there were publications about the ideas of a decentralized payment system similar to Bitcoin in Wright’s blog in 2008, a year before Satoshi Nakamoto himself created BTC. Another interesting fact is that in 2013 he invested more than one million BTC in the project to create his Bitcoin Bank — supposedly only the creator of Bitcoin could own such amount of coins. In correspondence with the publications, Craig indirectly confirmed that he is Nakamoto. At the same time, in December, 2015, Wright said that he was not going to talk about himself publicly. But almost six months later Craig Wright appeared on the front pages. Unexpectedly for many, Craig decides to give an interview to the BBC and The Economist, in which once again, but already publicly assures that he is Satoshi Nakamoto. As the main proof, Wright provided a “cryptographic signature” from the private key used in the first Bitcoin transactions by Satoshi Nakamoto himself. Since then, Dr. Wright did not give up his words and continued to tell everyone that he is Satoshi. Later Craig said that he would sue anyone who slanders him and generally denies his merits in the creation of Bitcoin. And while he was just talking around declaring himself as the creator of BTC — all this was tolerated and ignored. But when Wright began to threaten all who disagreed with his lies, the crypto-community decided to teach him a lesson. Binance CEO Changpeng Zhao wrote the following on his Twitter:
“Craig Wright is not Satoshi. Anymore of this sh!t, we delist!”
His example was followed by some other exchanges, like ShapeShift and Kraken, which also announced the delisting of BSV. Blogger and ex-hacker Nik Cubrilovic and cybersecurity researcher Dan Kaminsky published their own investigations in which Wright is exposed as a great deceiver. Enthusiasts also investigated the activities of Wright and his companies. It turned out that the purpose of the existence of many of them was to draw tax refunds and the operation of other benefits that are provided to companies focused on research activities. When an entrepreneur’s business started to decline and companies have earned an unpleasant reputation, Wright decides to appear before the public as Satoshi Nakamoto. According to Cubrilovic’s opinion, this could improve Craig’s affairs, attract new investments and add excitement since it is known that Nakamoto owns large amounts of Bitcoins. Craig’s opponents also notice one detail: Satoshi Nakamoto would certainly stand on the side of the Bitcoin community that would like to leave the BTC system in its original form. However, in a conversation with The Economist Wright drew a different picture: if Bitcoin power can be repeatedly scaled, then it will be able to replace not only all banking systems but many others, becoming a truly mainstream currency. In this case, the regulation and support of such cryptocurrency would have to be taken up by large organizations — from banks, already interested in using blockchain technology, to entire states. If this happens, Bitcoin will really replace conventional currency but will lose its independence — the main reason for its creation. Here are some interesting facts about Craig Wright:
In the early 1990s, worked as a sauce cook at a French restaurant.
Wright filed about 114 Blockchain-related patents since 2017
Craig Wright has his own companies, for example, the Tulip Trading company, which has been very successful in developing supercomputers, as well as DeMorgan Ltd and Panopticrypt Pty Ltd, engaged in various operations with cryptocurrencies. But Wright’s main project is, of course, his own Bitcoin SV (Satoshi Vision), which appeared as a result of the fork of Bitcoin Cash in November 2018. The fork’s reason was the dissatisfaction of developers and miners with a size of the blockchain that was originally written in code. Transactions were processed very slowly, so Bitcoin Cash ABC appeared, where the size was increased to 8 megabytes. But this was not enough for Craig Wright, and he initiated the second fork, setting the block size to 128 megabytes in the currency he was in charge of.
In February 2018 Wright was sued by David Kleiman — a computer scientist and cyber-security expert suspected to be one of the developers behind the Bitcoin and the blockchain tech. Kleiman said that Wright stole between 550,000 and 1,100,000 BTC.
In 2018, Craig Wright was sued, accusing him of forging contracts and signatures in order to assign Bitcoins in the amount of $5 billion.
In October 2017, Cointelegraph published a list of the most influential individuals from the blockchain industry. Not finding his name in it, Craig Wright appealed to the media with a comment about their negative mood regarding his personality. At the same time in the Cointelegraph ranking was the name Satoshi Nakamoto. This situation was noted as Wright’s recognition that he is not the creator of Bitcoin.
Craig is suspected of repeatedly conducting operations to cash large amounts of BTC. During one of the checks, he brought the family from his native Sydney and moved to London to continue working and creating his own business.
What do you think about Craig Wright? Write your opinion in the comments below!
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/r/Monero - Newcomers Please Read. Everything You Need To Know.
What is Monero (XMR)? Monero is a secure, private, untraceable (crypto-)currency. It is open-source and freely available to all. Don't believe us? Click here. Monero is a tool that people can actually use. It makes receiving payments hassle-free, since merchants and individuals no longer need to fear the source of funds they are accepting. With transparent systems like Bitcoin, Ethereum, Verge, or Dash, these people need to hope (or spend substantial resources verifying) the sender did not use the funds illicitly. Furthermore, merchants do not want all their vendors known, and individually do not want everyone to know how much they are spending. If I spend more than I should at Newegg (store), that's my own business. Monero is different because every transaction is always private. There is no way for pools and exchanges to opt out of sending private transactions. Thus, Monero's anonymity set far exceeds any other coin's anonymity set. Over 86,000 transactions in the past month of August, 2017 hid the sender and receiver, and about 99.95% of them also hid the amount (will increase to 100% of all new transactions in September)! There is no suspicion in using a private transaction, since all transactions are private. A single transaction does not stick out.* This privacy is afforded with the best technology. I implore you to take a few minutes to learn about the four main technologies that Monero uses to provide privacy:
Ring signatures hide where the money comes from. Spent inputs in a transaction are hidden among several others that also appear to be spent. Thus, no one knows which source of money is actually being spent. Think of inputs as individual dollars or euros. View a video about this topic here. Note: this is NOT the same as mixing.
RingCT hides the amount. Instead of spending a known value of an input, you can cryptographically commit to a certain value without revealing what the value actually is. This is a very complicated topic, so please view this video for more information.
Kovri is a work-in-progress tool to hide the transaction broadcast. Kovri will make it easy for users to hide their IP address when telling the network that they would like to make a transaction. Kovri will work with other cryptocurrencies and other projects through a common API, and Kovri can be used in a way to hide that you are using Monero at all. Kovri adds additional layers of network security for miners and pools, and it allows for the highest level of censorship resistance possible. A video for this project is available, and you can also check out the Kovri website. In the meantime, there are several guides to using Monero with Tor that work today, including an unofficial Tails build.
Stealth addresses hide where the money goes to. Instead of sending money to a specific address directly, certain outputs are allocated for addresses, but outside observers do not know which addresses these belong to. Even if ring signatures were compromised for some reason, then people would still not know the sending address in a transaction thanks to stealth addresses. View a video about this topic here.
There are several other things that make Monero great! It has a smooth tail emission, dynamic blocks and fees, and an accessible Proof of Work (mining) algorithm. *You can optionally choose a very large, unusual ringsize to make the transaction stick out. This is not recommended, and normal users who leave the ringsize at the default setting will not experience any issues. Also, it's possible for a user to manually add identifying information to the tx_extra field, which is something that a user must seriously go out of their way to do. Now you know Monero (XMR) has the best technology. What else makes Monero (XMR) different than other cryptocurrencies?
Fungible: Every Monero remains equal and identical to any other Monero. It is the property of a crypto asset whose units/value are capable of mutual substitution no matter what historical transactions occurred in the past.
Value-Growth: Monero has a proven chart record of growth and will continue to grow. Don't believe us? August 2015: $0.45, August 2016: $12, August 2017: $100. Growing really fast right? The difference is that it is growing because it's being used appropriately for it's technology and the demand keeps increasing. Swiss banks and offshores management organizations are starting to move from physical assets to Monero (XMR). Monero is dedicated to continue growing.
Development-Growth: Monero has the best team. Over 270 contributors have brought Monero to where it is today. The vast majority of people donate their time to help Monero, but a few get paid through the Forum Funding System (FFS). This is how Monero can be a strong project despite not taking a portion of the block rewards or launching with a premine.
P.S. Want a quick-start, simple your-grandma-could-do-it guide?Here's a great one! Am I a bad person to consider using this? No, Monero is freedom money. You can do whatever you want with it, whenever you want, where ever you want. We make it clear that you should own your wealth 100%. What you do with it, is none of our concern. Where does the word Monero come from? The word Monero comes from the language Esperanto. Monero means coin oand currency. The plural way of saying Monero in Esperanto and in our cryptocurrency is Moneroj.
Is there a lightweight wallet for Monero? Not yet, but you can use the official GUI with a remote node.
Are there any other ways to store Monero (XMR)? Yes, there are many mobile wallets out there that allow you to store Monero (XMR). We do not recommend them, because they are not official releases of Monero. If you do decide to use other wallets, please make sure to do your research first before storing any Moneroj in the wallet. Anything used for Monero outside of official releases, will be used at your own risk. Some may be used for scamming purposes. If you still decide to take the risk; do not use them for large amounts. Also keep in mind that there is a high chance that Monero support will not be able to help you if you bump into any problems from applications outside of official releases. Why should you not use non-official wallets? Well would you buy a house and give your only key you have to the buildemanagement and wait for him/her to open the door to the house you supposedly own? No. Same goes with cryptocurrencies. You should always have possession of your private keys, and your Moneroj. Most non-official releases own your private keys, therefore you do not own the Moneroj.
Can I use a proxy for mining? You can use XMR Proxy. If you want to monitor your rigs you can use Monero Mining Monitor.
How can I setup a local wallet while running node with little bandwidth? You can use GUI, as a remote node as it uses very little bandwidth. Go to settings tab and change: "localhost:18089" to "node.moneroworld.com:18089". If you are still having problems, then just use our Monero Web-Wallet.
My vendor only accepts bitcoin but I only have Monero, and I know bitcoin is not private/anonymous. What should I do? Use XMR.TO, but you should also educate them about bitcoins lack of privacy. Tell them to visit this post.
How long does it take to sync to the blockchain? It can take from a few hours (using SSD drive) or even 24 hours, depending on hard drive and connection speed.
List of scams: (Always do a background check / research for anything outside of official releases.)
Freewallet (Mobile Wallet App)
MoneroWallet.Info
MinerGate
Did you knowover 50 high profile artistsaccept Monero on their online stores? Check out Project Coral Reef
Are there any other sub-reddits that specialize in certain parts of Monero or just related to Monero? Yes, there are a few. However, please keep in mind that this sub-reddit (/Monero) is the official Monero sub-reddit. /xmrtrader - Trading, and investing related discussions & inquires. /MoneroMining - Mining related discussions & inquires. /MoneroCommunity for those who want to help grow the community. /moonero for shitposts and memes. /MoneroMarket for buying and selling wares for Monero. /MoneroSupport for, you guessed it, Monero support. Want to get involved?Click here for a list of sources.
How can I participate in the Monero community? We welcome everyone to join us and help out. Check the "Community Info" section on our subreddit for our website, forum, stack exchange, github, twitter, and facebook. Anyway, we hope you stick around beyond the hype. Monero has a lot going for it, and we hope you agree! We really need your help, since this project is entirely driven by the community!
https://preview.redd.it/14i4twybxby31.png?width=476&format=png&auto=webp&s=ba30918de799fb2614f4be1284a37d9708c5bbb3 Back in 2018, the most popular way to earn bitcoin seemed to be through Initial Coin Offerings (ICOs). Over $6 billion was raised in Q1 2018 for crypto projects — many with just a white paper and a website. Business was good for founders and investors until the end of 2018 when scammers were the only ones laughing. Most investors lost money, and capital investments into ICO dropped 97%. Companies like TruStory even launched whose sole mission was to stop ICO scams from happening. By Q1 2019, less than $900 million was raised through ICOs —with regulation being the coup de gras. https://preview.redd.it/jzn4nnegxby31.png?width=480&format=png&auto=webp&s=0c1349ad3ce82ad2b592a38c059709b5c4f00b65 So where has all the momentum shifted? The second wave of crypto projects will undoubtedly reward profits over potential. This article examines the top ways you can earn bitcoin in 2020 — from faucets and bitcoin mining to crypto savings accounts. The biggest winners of 2020 will likely fall into one of the following 10 categories. The strategy that is right for you will depend on your skills, network, access to capital, location, risk tolerance and investment timeline. #1 - Holding https://preview.redd.it/2rvi2izqxby31.png?width=475&format=png&auto=webp&s=5edf45a5cf880916a1cbf3dd3c889b05e27a52be Arguably the best way to make money on Bitcoin is to buy it and hold it for many years. Smart investors rely on a strategy called Dollar Cost Averaging (DCA) to reduce market volatility. This works by investing a fixed amount on a regular schedule, ie $100 once a week for 10 weeks, which helps offset the crypto market volatility. The hard part is being patient with the investment and resisting the urge to daytrade or sell too quickly. #2 - Lending https://preview.redd.it/8ejpg84wxby31.png?width=472&format=png&auto=webp&s=984fbb7bb13e6064a8ae1d130d77f3f9fd9c716b A number of fintech companies like BlockFi and BitBond now offer the ability to earn interest on your crypto holdings. Interest rates range start around 8% and can go as high as 20% for trusted lenders. The interest clients earn typically compounds monthly, although these returns mimic that of the S&P 500 so this is considered a low risk/reward option. #3 - Day Trading https://preview.redd.it/i1mqwm80yby31.png?width=471&format=png&auto=webp&s=b9185daf5e28b8160f8b36848b26e34e1b7b8417 A common way to earn Bitcoin trading is through trading cryptocurrencies on exchanges using 1X to as high as 100X leverage. Traders can also bet on the index of any crypto on sites like eToro or Robinhood. Daytraders will trade based on charts and trends, and try to grow their portfolio. https://preview.redd.it/hxpg8nq7yby31.png?width=469&format=png&auto=webp&s=8441aee2cd8b258ec580faee5820510401372cc9 Another much safer form of arbitrage is dropshipping. You can source products on Amazon or from sites like Oberlo who will help you find the right products to buy. You can build an e-commerce store using Shopify or just sell on eBay. If you have a store and supply chain already, it's easy to start accepting Bitcoin using a payment gateway like CoinPayments or BitPay. Other peer-to-peer exchanges like Paxful, Purse and Redeeem allow you to trade gift cards and other digital and physical goods for bitcoin. #4 - Gambling https://preview.redd.it/fghrvc3cyby31.png?width=473&format=png&auto=webp&s=7ebcc8d3a22c7e07ba7fc1c455a8b22b1f2b88b5 Gambling with Bitcoin is highly addictive, risky, largely unregulated, and offers the biggest and fastest financial volatility. Some popular crypto gambling sites include CloudBet, BetOnline, FortuneJack, Bovada, BetUS and hundreds of others. For more rankings, click here. #5 - Mining https://preview.redd.it/h9q7uphpyby31.png?width=471&format=png&auto=webp&s=64c18aeb8fc4bee85f9e1b8275385223f017c825 Despite the fact that over 80% of Bitcoin has already been mined, bitcoin mining is still a $4 billion annual industry. Since mining was intentionally developed to require advanced hardware, it's an expensive process that requires large mining facilities to be profitable. For this reason, most large-scale mining operations are located in China where electricity is cheap. To be successful, individual miners are forced to join collective mining pools like MinerGate or simply mine as a fun hobby with Coinmine or Homeyminer and not worry about the ROI. To learn more, click here. #6 - Faucets https://preview.redd.it/uejcd0ztyby31.png?width=478&format=png&auto=webp&s=de76e9b769582b83af46e78d97616c19945d0474 A faucet is just a website that gives free coins to every visitor for staying on the site or engaging with content. Some examples are Cointiply, FreeBitcoin, SatoshiQuiz and others. Keep in mind, a satoshi represents roughly 0.00000001 bitcoin, so 100 satoshi is about 1 penny. It would take 100 correct trivia answers on SatoshiQuiz to make $1 USD. It's far more profitable to own a Bitcoin faucet and make money on advertisements. #7 - Services https://preview.redd.it/2mizr67e0cy31.png?width=483&format=png&auto=webp&s=c698ba3fd2ee210837155a240a65c3002ae049da There are dozens of job boards online where you can earn bitcoin for a variety of independent contractor services. Many clients on Upwork, Freelancer and other non-crypto platforms will gladly 15% discounts or more if they can pay their freelancers in bitcoin and avoid the costs of the marketplace. Other more dedicated sites are listed below. Jobs4Bitcoin — Reddit job board for bitcoin tasks AngelList — Job board for crypto companies and projects Earn.com — Earn bitcoin while learning about crypto CryptoGrind — Escrow for bitcoin freelancers CryptoJobs — Job board for bitcoin freelancers Coinality — Job board for crypto freelancers Bitfortip — Earn bitcoin for helping people Indeed — Job board for crypto companies BitWage — HR services for paying in crypto XBTFreelancer — Freelancers get paid in bitcoin #8 - Exchanges https://preview.redd.it/v5a0u4iy0cy31.png?width=464&format=png&auto=webp&s=543a50490c066b904fe351cec925d8adcf1a6c22 The simplest and lowest-cost exchange is a Bitcoin ATM. As of January 2019, there were 4,213 Bitcoin or cryptocurrency ATMs worldwide. With many countries like Venezuela, Argentina and Nigeria experiencing hyperinflation, the world's 2.3 billion unbanked people will continue to demand bitcoin and stablecoins as hedges against inflation. The estimated startup costs for a Bitcoin ATM is about $25,000 per location, according to CoinATMRadar. https://preview.redd.it/xoj4c5c31cy31.png?width=468&format=png&auto=webp&s=bed32024272d9c6e6e8fcdc0e7c53254e91c02e6 Building a crypto exchange or peer-to-peer trading platform will be a more expensive way to earn bitcoin as an exchange. This requires building a website, hosting wallets on the blockchain, building security protocols, creating KYC/AML policies, accepting crypto payments, building two sides of a marketplace, and a little marketing, branding and legal work. Some examples of successful P2P trading platforms are Paxful, Purse and Redeeem. The fiat to crypto exchanges like Gemini, Coinbase and Kraken usually require venture funding, large engineering teams and banking partnerships for proper custody of the funds. Fiat exchanges also have to register as a Money Services Business (MSB). For a full list of fiat exchanges, click here. #9 - Affiliate Rewards https://preview.redd.it/peewibjm1cy31.png?width=475&format=png&auto=webp&s=18f067006e2edfdbae198e14d71ede66bb805dae Affiliate programs in crypto are endless, and they can come in many different shapes and sizes. Products like Lolli and Pei will reward you with bitcoin cashback everywhere you shop. Exchanges like Changelly will give you a percentage of their fee revenue for referring clients. Wallets like Abra will give you $25 for each signup. The optimal strategy is picking a familiar product that you know and love. For a list of affiliate programs, click here. #10 - Content https://preview.redd.it/yh7q5vwv1cy31.png?width=469&format=png&auto=webp&s=ed03d857d94d8c11de63b5cbc21c5e311836fcaa Bitcoin is King. Content is King. So Bitcoin Content must be God. The ability to research, write and publish high-quality content on Bitcoin, blockchain and cryptocurrencies will be a highly coveted asset in 2020. It's free to start a Medium blog, video blog or podcast and share your ideas to passionate audiences on Facebook, Twitter, Reddit or Quora. Try to build an audience first then turn on AdSense or activate other partnerships to start collecting passive revenue for your content.
After some research on the Different cryptocurrencies, I filter some best Cryptocurrency and I would like to share that information of that currencies. Here are the 10 most popular cryptocurrencies in the world. 1) Bitcoin (BTC) 2) Etherum (Ether) 3) Ripple (XRP) 4) Bitcoin Cash (BCH) 5) Litecoin (LTC) 6) Dogecoin 7) Cardano (ADA) 8) NEO 9) Dash (DASH) 10) Monero (XMR) 1) Bitcoin (BTC): a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. Bitcoin transactions take place entirely online and offer a degree of anonymity to users, and they are securely recorded in a public ledger called a blockchain. 2) Etherum (Ether): Ether is a digital bearer asset (similar to a security, like a bond, issued in physical form). Just like cash, it doesn’t require a third party to process or approve a transaction. Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. It supports a modified version of the Nakamoto consensus via transaction-based state transitions. 3) Ripple (XRP): Ripple is a technology that acts as both a cryptocurrency and a digital payment network for financial transactions. Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network. Using a common ledger that is managed by a network of independently validating servers that constantly compare transaction records, Ripple doesn't rely on the energy and computing intensive proof-of-work used by Bitcoin. 4) Bitcoin Cash (BCH): Bitcoin cash is a cryptocurrency created in August 2017, arising from a fork of Bitcoin Classic. Bitcoin Cash increases the size of blocks, allowing more transactions to be processed. Bitcoin Cash trades on digital currency exchanges including Bitstamp, Coinbase, Gemini, Kraken, and ShapeShift using the Bitcoin Cash name and the BCH ticker symbol for the cryptocurrency. 5) Litecoin (LTC): Litecoin is an alternative Cryptocurrency based on the model of Bitcoin. Litecoin was created by an MIT graduate and former Google engineer named Charlie Lee. Litecoin is based on an open source global payment network that is not controlled by any central authority. Litecoin is probably bitcoin's closest rival in terms of the use case. 6) Dogecoin: Dogecoin is a peer-to-peer open source cryptocurrency and falls under the category of altcoins. It is a decentralized virtual currency and uses peer-to-peer technology to carry out its operations. Dogecoin is used with a wallet on your computer, your smartphone, or a website. One of the most popular uses for Dogecoin is "tipping" fellow internet-goers who create or share great content. Think of it as a more meaningful "like" or upvote, with real value that can be used all across the internet. 7) Cardano (ADA): Cardano is the world's first peer-reviewed blockchain. Cardano is home to the Ada cryptocurrency, which can be used to send and receive digital funds. This digital cash represents the future of money, making possible fast, direct transfers that are guaranteed to be secure through the use of cryptography. Cardano’s platform consists of two layers. The Cardano Settlement Layer (CSL) is used to settle transactions that use ADA, Cardano’s cryptocurrency. 8) NEO: NEO is the first decentralized, open-source cryptocurrency and blockchain platform launched in China. The base asset of the NEO blockchain is the non-divisible NEO token which generates GAS tokens that can be used to pay for transaction fees generated by applications on the network. NEO tags itself as a “distributed network for the smart economy”, and NEO’s goal speaks volumes about their smart economy concept. 9) Dash (DASH): Dash is a form of digital cash. All transactions in Dash are recorded on a public ledger, or "blockchain." This way, everyone can ensure that the ledger is an accurate honest account of the currency. The currency permits fast transactions that can be untraceable. 45% of mined coins go to miners, 45% to master nodes and 10% into a fund that the DAO invests. “DASH stands for Dietary Approaches to Stop Hypertension.” 10) Monero (XMR): Monero is a digital currency that offers a high level of anonymity for users and their transactions. Like Bitcoin, Monero is a decentralized peer-to-peer cryptocurrency, but unlike Bitcoin, Monero is characterized as a private digital cash. It makes transaction details – like the identity of senders and recipients, and the amount of every transaction - anonymous by disguising the addresses used by participants.
Craig Wright: The Real Satoshi Or The Real Scammer
Today we will focus on Craig Wright, the person who took the liberty to declare himself as true Satoshi Nakamoto and who tries to take all the credit of the creator of Bitcoin, the main cryptocurrency. Bitcoin is considered to be one of the progressive forms of payments — absolutely transparent, distributed and resistant to external influence. Its creator must be at least a genius, and most importantly, a billionaire — because a significant amount of Bitcoins mined in the early stages of the project is concentrated in his hands. It is known that Satoshi Nakamoto retired from the project around 2010 and no one knows exactly who is he really is. In December 2015, two American publications — Gizmodo and Wired — published huge investigations aimed at finding a man who has been hiding under the name of Satoshi Nakamoto since 2008. Clues led journalists to Craig Wright, a 45-year-old entrepreneur from Australia, which on many grounds could be reckoned as a true Satoshi. For example, there were publications about the ideas of a decentralized payment system similar to Bitcoin in Wright’s blog in 2008, a year before Satoshi Nakamoto himself created BTC. Another interesting fact is that in 2013 he invested more than one million BTC in the project to create his Bitcoin Bank — supposedly only the creator of Bitcoin could own such amount of coins. In correspondence with the publications, Craig indirectly confirmed that he is Nakamoto. At the same time, in December, 2015, Wright said that he was not going to talk about himself publicly. But almost six months later Craig Wright appeared on the front pages. Unexpectedly for many, Craig decides to give an interview to the BBC and The Economist, in which once again, but already publicly assures that he is Satoshi Nakamoto. As the main proof, Wright provided a “cryptographic signature” from the private key used in the first Bitcoin transactions by Satoshi Nakamoto himself. Since then, Dr. Wright did not give up his words and continued to tell everyone that he is Satoshi. Later Craig said that he would sue anyone who slanders him and generally denies his merits in the creation of Bitcoin. And while he was just talking around declaring himself as the creator of BTC — all this was tolerated and ignored. But when Wright began to threaten all who disagreed with his lies, the crypto-community decided to teach him a lesson. Binance CEO Changpeng Zhao wrote the following on his Twitter:
“Craig Wright is not Satoshi. Anymore of this sh!t, we delist!”
His example was followed by some other exchanges, like ShapeShift and Kraken, which also announced the delisting of BSV. Blogger and ex-hacker Nik Cubrilovic and cybersecurity researcher Dan Kaminsky published their own investigations in which Wright is exposed as a great deceiver. Enthusiasts also investigated the activities of Wright and his companies. It turned out that the purpose of the existence of many of them was to draw tax refunds and the operation of other benefits that are provided to companies focused on research activities. When an entrepreneur’s business started to decline and companies have earned an unpleasant reputation, Wright decides to appear before the public as Satoshi Nakamoto. According to Cubrilovic’s opinion, this could improve Craig’s affairs, attract new investments and add excitement since it is known that Nakamoto owns large amounts of Bitcoins. Craig’s opponents also notice one detail: Satoshi Nakamoto would certainly stand on the side of the Bitcoin community that would like to leave the BTC system in its original form. However, in a conversation with The Economist Wright drew a different picture: if Bitcoin power can be repeatedly scaled, then it will be able to replace not only all banking systems but many others, becoming a truly mainstream currency. In this case, the regulation and support of such cryptocurrency would have to be taken up by large organizations — from banks, already interested in using blockchain technology, to entire states. If this happens, Bitcoin will really replace conventional currency but will lose its independence — the main reason for its creation. Here are some interesting facts about Craig Wright:
In the early 1990s, worked as a sauce cook at a French restaurant.
Wright filed about 114 Blockchain-related patents since 2017
Craig Wright has his own companies, for example, the Tulip Trading company, which has been very successful in developing supercomputers, as well as DeMorgan Ltd and Panopticrypt Pty Ltd, engaged in various operations with cryptocurrencies. But Wright’s main project is, of course, his own Bitcoin SV (Satoshi Vision), which appeared as a result of the fork of Bitcoin Cash in November 2018. The fork’s reason was the dissatisfaction of developers and miners with a size of the blockchain that was originally written in code. Transactions were processed very slowly, so Bitcoin Cash ABC appeared, where the size was increased to 8 megabytes. But this was not enough for Craig Wright, and he initiated the second fork, setting the block size to 128 megabytes in the currency he was in charge of.
In February 2018 Wright was sued by David Kleiman — a computer scientist and cyber-security expert suspected to be one of the developers behind the Bitcoin and the blockchain tech. Kleiman said that Wright stole between 550,000 and 1,100,000 BTC.
In 2018, Craig Wright was sued, accusing him of forging contracts and signatures in order to assign Bitcoins in the amount of $5 billion.
In October 2017, Cointelegraph published a list of the most influential individuals from the blockchain industry. Not finding his name in it, Craig Wright appealed to the media with a comment about their negative mood regarding his personality. At the same time in the Cointelegraph ranking was the name Satoshi Nakamoto. This situation was noted as Wright’s recognition that he is not the creator of Bitcoin.
Craig is suspected of repeatedly conducting operations to cash large amounts of BTC. During one of the checks, he brought the family from his native Sydney and moved to London to continue working and creating his own business.
What do you think about Craig Wright? Write your opinion in the comments below!
Like and share this article if you find it useful. Want more interesting articles on the crypto world? Follow us onMedium,Twitter,Facebook, andRedditto getStealthex.ioupdates and the latest news about the crypto world. For all requests message us at [[email protected]](mailto:[email protected]).
Craig Wright: The Real Satoshi Or The Real Scammer
Today we will focus on Craig Wright, the person who took the liberty to declare himself as true Satoshi Nakamoto and who tries to take all the credit of the creator of Bitcoin, the main cryptocurrency. Bitcoin is considered to be one of the progressive forms of payments — absolutely transparent, distributed and resistant to external influence. Its creator must be at least a genius, and most importantly, a billionaire — because a significant amount of Bitcoins mined in the early stages of the project is concentrated in his hands. It is known that Satoshi Nakamoto retired from the project around 2010 and no one knows exactly who is he really is. In December 2015, two American publications — Gizmodo and Wired — published huge investigations aimed at finding a man who has been hiding under the name of Satoshi Nakamoto since 2008. Clues led journalists to Craig Wright, a 45-year-old entrepreneur from Australia, which on many grounds could be reckoned as a true Satoshi. For example, there were publications about the ideas of a decentralized payment system similar to Bitcoin in Wright’s blog in 2008, a year before Satoshi Nakamoto himself created BTC. Another interesting fact is that in 2013 he invested more than one million BTC in the project to create his Bitcoin Bank — supposedly only the creator of Bitcoin could own such amount of coins. In correspondence with the publications, Craig indirectly confirmed that he is Nakamoto. At the same time, in December, 2015, Wright said that he was not going to talk about himself publicly. But almost six months later Craig Wright appeared on the front pages. Unexpectedly for many, Craig decides to give an interview to the BBC and The Economist, in which once again, but already publicly assures that he is Satoshi Nakamoto. As the main proof, Wright provided a “cryptographic signature” from the private key used in the first Bitcoin transactions by Satoshi Nakamoto himself. Since then, Dr. Wright did not give up his words and continued to tell everyone that he is Satoshi. Later Craig said that he would sue anyone who slanders him and generally denies his merits in the creation of Bitcoin. And while he was just talking around declaring himself as the creator of BTC — all this was tolerated and ignored. But when Wright began to threaten all who disagreed with his lies, the crypto-community decided to teach him a lesson. Binance CEO Changpeng Zhao wrote the following on his Twitter:
“Craig Wright is not Satoshi. Anymore of this sh!t, we delist!”
His example was followed by some other exchanges, like ShapeShift and Kraken, which also announced the delisting of BSV. Blogger and ex-hacker Nik Cubrilovic and cybersecurity researcher Dan Kaminsky published their own investigations in which Wright is exposed as a great deceiver. Enthusiasts also investigated the activities of Wright and his companies. It turned out that the purpose of the existence of many of them was to draw tax refunds and the operation of other benefits that are provided to companies focused on research activities. When an entrepreneur’s business started to decline and companies have earned an unpleasant reputation, Wright decides to appear before the public as Satoshi Nakamoto. According to Cubrilovic’s opinion, this could improve Craig’s affairs, attract new investments and add excitement since it is known that Nakamoto owns large amounts of Bitcoins. Craig’s opponents also notice one detail: Satoshi Nakamoto would certainly stand on the side of the Bitcoin community that would like to leave the BTC system in its original form. However, in a conversation with The Economist Wright drew a different picture: if Bitcoin power can be repeatedly scaled, then it will be able to replace not only all banking systems but many others, becoming a truly mainstream currency. In this case, the regulation and support of such cryptocurrency would have to be taken up by large organizations — from banks, already interested in using blockchain technology, to entire states. If this happens, Bitcoin will really replace conventional currency but will lose its independence — the main reason for its creation. Here are some interesting facts about Craig Wright:
In the early 1990s, worked as a sauce cook at a French restaurant.
Wright filed about 114 Blockchain-related patents since 2017
Craig Wright has his own companies, for example, the Tulip Trading company, which has been very successful in developing supercomputers, as well as DeMorgan Ltd and Panopticrypt Pty Ltd, engaged in various operations with cryptocurrencies. But Wright’s main project is, of course, his own Bitcoin SV (Satoshi Vision), which appeared as a result of the fork of Bitcoin Cash in November 2018. The fork’s reason was the dissatisfaction of developers and miners with a size of the blockchain that was originally written in code. Transactions were processed very slowly, so Bitcoin Cash ABC appeared, where the size was increased to 8 megabytes. But this was not enough for Craig Wright, and he initiated the second fork, setting the block size to 128 megabytes in the currency he was in charge of.
In February 2018 Wright was sued by David Kleiman — a computer scientist and cyber-security expert suspected to be one of the developers behind the Bitcoin and the blockchain tech. Kleiman said that Wright stole between 550,000 and 1,100,000 BTC.
In 2018, Craig Wright was sued, accusing him of forging contracts and signatures in order to assign Bitcoins in the amount of $5 billion.
In October 2017, Cointelegraph published a list of the most influential individuals from the blockchain industry. Not finding his name in it, Craig Wright appealed to the media with a comment about their negative mood regarding his personality. At the same time in the Cointelegraph ranking was the name Satoshi Nakamoto. This situation was noted as Wright’s recognition that he is not the creator of Bitcoin.
Craig is suspected of repeatedly conducting operations to cash large amounts of BTC. During one of the checks, he brought the family from his native Sydney and moved to London to continue working and creating his own business.
What do you think about Craig Wright? Write your opinion in the comments below!
Like and share this article if you find it useful. Want more interesting articles on the crypto world? Follow us onMedium,Twitter,Facebook, andRedditto getStealthex.ioupdates and the latest news about the crypto world. For all requests message us at [[email protected]](mailto:[email protected]).
Craig Wright: The Real Satoshi Or The Real Scammer
Today we will focus on Craig Wright, the person who took the liberty to declare himself as true Satoshi Nakamoto and who tries to take all the credit of the creator of Bitcoin, the main cryptocurrency. Bitcoin is considered to be one of the progressive forms of payments — absolutely transparent, distributed and resistant to external influence. Its creator must be at least a genius, and most importantly, a billionaire — because a significant amount of Bitcoins mined in the early stages of the project is concentrated in his hands. It is known that Satoshi Nakamoto retired from the project around 2010 and no one knows exactly who is he really is. In December 2015, two American publications — Gizmodo and Wired — published huge investigations aimed at finding a man who has been hiding under the name of Satoshi Nakamoto since 2008. Clues led journalists to Craig Wright, a 45-year-old entrepreneur from Australia, which on many grounds could be reckoned as a true Satoshi. For example, there were publications about the ideas of a decentralized payment system similar to Bitcoin in Wright’s blog in 2008, a year before Satoshi Nakamoto himself created BTC. Another interesting fact is that in 2013 he invested more than one million BTC in the project to create his Bitcoin Bank — supposedly only the creator of Bitcoin could own such amount of coins. In correspondence with the publications, Craig indirectly confirmed that he is Nakamoto. At the same time, in December, 2015, Wright said that he was not going to talk about himself publicly. But almost six months later Craig Wright appeared on the front pages. Unexpectedly for many, Craig decides to give an interview to the BBC and The Economist, in which once again, but already publicly assures that he is Satoshi Nakamoto. As the main proof, Wright provided a “cryptographic signature” from the private key used in the first Bitcoin transactions by Satoshi Nakamoto himself. Since then, Dr. Wright did not give up his words and continued to tell everyone that he is Satoshi. Later Craig said that he would sue anyone who slanders him and generally denies his merits in the creation of Bitcoin. And while he was just talking around declaring himself as the creator of BTC — all this was tolerated and ignored. But when Wright began to threaten all who disagreed with his lies, the crypto-community decided to teach him a lesson. Binance CEO Changpeng Zhao wrote the following on his Twitter:
“Craig Wright is not Satoshi. Anymore of this sh!t, we delist!”
His example was followed by some other exchanges, like ShapeShift and Kraken, which also announced the delisting of BSV. Blogger and ex-hacker Nik Cubrilovic and cybersecurity researcher Dan Kaminsky published their own investigations in which Wright is exposed as a great deceiver. Enthusiasts also investigated the activities of Wright and his companies. It turned out that the purpose of the existence of many of them was to draw tax refunds and the operation of other benefits that are provided to companies focused on research activities. When an entrepreneur’s business started to decline and companies have earned an unpleasant reputation, Wright decides to appear before the public as Satoshi Nakamoto. According to Cubrilovic’s opinion, this could improve Craig’s affairs, attract new investments and add excitement since it is known that Nakamoto owns large amounts of Bitcoins. Craig’s opponents also notice one detail: Satoshi Nakamoto would certainly stand on the side of the Bitcoin community that would like to leave the BTC system in its original form. However, in a conversation with The Economist Wright drew a different picture: if Bitcoin power can be repeatedly scaled, then it will be able to replace not only all banking systems but many others, becoming a truly mainstream currency. In this case, the regulation and support of such cryptocurrency would have to be taken up by large organizations — from banks, already interested in using blockchain technology, to entire states. If this happens, Bitcoin will really replace conventional currency but will lose its independence — the main reason for its creation. Here are some interesting facts about Craig Wright:
In the early 1990s, worked as a sauce cook at a French restaurant.
Wright filed about 114 Blockchain-related patents since 2017
Craig Wright has his own companies, for example, the Tulip Trading company, which has been very successful in developing supercomputers, as well as DeMorgan Ltd and Panopticrypt Pty Ltd, engaged in various operations with cryptocurrencies. But Wright’s main project is, of course, his own Bitcoin SV (Satoshi Vision), which appeared as a result of the fork of Bitcoin Cash in November 2018. The fork’s reason was the dissatisfaction of developers and miners with a size of the blockchain that was originally written in code. Transactions were processed very slowly, so Bitcoin Cash ABC appeared, where the size was increased to 8 megabytes. But this was not enough for Craig Wright, and he initiated the second fork, setting the block size to 128 megabytes in the currency he was in charge of.
In February 2018 Wright was sued by David Kleiman — a computer scientist and cyber-security expert suspected to be one of the developers behind the Bitcoin and the blockchain tech. Kleiman said that Wright stole between 550,000 and 1,100,000 BTC.
In 2018, Craig Wright was sued, accusing him of forging contracts and signatures in order to assign Bitcoins in the amount of $5 billion.
In October 2017, Cointelegraph published a list of the most influential individuals from the blockchain industry. Not finding his name in it, Craig Wright appealed to the media with a comment about their negative mood regarding his personality. At the same time in the Cointelegraph ranking was the name Satoshi Nakamoto. This situation was noted as Wright’s recognition that he is not the creator of Bitcoin.
Craig is suspected of repeatedly conducting operations to cash large amounts of BTC. During one of the checks, he brought the family from his native Sydney and moved to London to continue working and creating his own business.
What do you think about Craig Wright? Write your opinion in the comments below!
Like and share this article if you find it useful. Want more interesting articles on the crypto world? Follow us onMedium,Twitter,Facebook, andRedditto getStealthex.ioupdates and the latest news about the crypto world. For all requests message us at [[email protected]](mailto:[email protected]).
There is a discussion about nodes that came up today, where it seems I'm discouraging people from running the full QT/Core client. Yes and No. What I'm trying to make sure people understand is how things work, and that it is NOT mandatory to run a client in order to use Dogecoins (and yes, I realise that browser-based tools like coinb.in and wallet sweepers are 'clients' by strict definition). That said, more nodes is absolutely a good thing for the network. Preferrably full nodes. How do you run a full node? Just run Core/QT and open up Port 22556 on your router so it can connect to more than 8 peers. What will it cost you? You need your machine to be on 24/7/365, you need enough storage for the full blockchain (currently about 20Gb. Bitcoin is over 120Gb) and enough bandwidth to keep it in sync and share blocks with peers. A couple of Gb a month, most likely. This is best done with a desktop on a wired broadband link. Or maybe a hosted VM in the cloud. :)
EDIT 2017-01-09: Wallets WITHOUT Clients
Since I started helping people on /BitcoinBeginners, I'm getting a lot of questions about how to use wallets without running clients or trusting third parties. So here are a couple of resources that will make that possible, and not just for Dogecoin: Multi-Coin Wallet GeneratorNow supporting 129 currencies!Coinb.in Start by setting the currency, found in the gear wheel in the Broadcast tab. Dogecoin Wallet Sweeper Redeem 'paper' wallets containing up to about 100 UTXOs. Bitinfo Charts My favourite block explorer, handles a bunch of cryptos. Using these resources, it is possible to hold, receive and spend coins in various currencies, without having to run QT or a 'lite' client. You can also download and run the pages on your own device.
EDIT 2016-11-23: SEMANTICS about MINING! :P
Even though there is already a section on mining below, it has been suggested given the huge number of posts on the subject that this needs to be made clearer. Since people get their panties in a twist over the word 'dead', lets change that...
MINING IS DEAD!
MINING DOGECOIN IS UNPROFITABLE!
Put simply, there is no way to mine Dogecoin and make a profit because of the massive hashpower provided by industrial-scale Litecoin miners. Mining Doge directly stopped being viable when our hashrate exploded with the introduction of AuxPoW. Mining with CPU's and GPU's died when ASICs were introduced. And mining with a laptop WILL kill your laptop and cost you a fortune to repair or replace. Mining Litecoin with an exchange that also mines Doge and others will earn less than the electricity consumed, and you won't recover your costs. Probably ever, but certainly not in any reasonable time. Mining other currencies may be a thing, but that's beyond our scope here. This is /Dogecoin, not /GetRichMiningCryptos after all. If you want to mine the newest scamcoin for fun and profit, look elsewhere for advice. :/ Oh, and most important:
READ BEFORE YOU POST!
At any given time, there are half a dozen posts on the frontpage just like the one you're about to write, where the answers have already been given. Read them. Don't make people waste their time repeating themselves because you were too lazy to bother reading stuff. :P So there I was, having a quiet Sundy arvo bludge, as you do, when 42points turned up on Facebook and asked me to write a new sticky post for /dogecoin. Why would he do this, when he should be having a bludge himself, I hear you ask? Well, seems he was doing exactly that, and wanted to fob off the work he’s too slack to do himself. ;) Ah well, being a sucker for punishment, I’ll grudgingly oblige I guess. OK, first things first.
The Clients:
A client is a piece of software you keep on your computer which holds one or more wallets. Here are the current client versions. If you're using an older client please upgrade to the newest version prior to sending/receiving coins. Backup! Backup! Backup your wallet.dat file or private key so you can import them into the latest version of the client.
Be warned that unless you’re running Core (aka QT), you could have issues with wallets containing lots of UTXOs (Unspent Transaction Outputs - Where your coins REALLY live). Go read the ELI5 below, and keep a close eye on your transaction counts. If you DO run Core, realise that all full clients, regardless of the coin, require a copy of the blockchain and must keep it up to date. This will cost you time, storage space and bandwidth. You can save a little by downloading the bootstrap file though. I haven’t checked how recent this one is, so let me know if you find a more current version.
Probably not, if truth be told. Go read these two ELI5’s if you haven’t already. They contain critical information to help you decide. I’ll wait till you get back. ;)
OK, so next, grab this wallet generator. Even if you plan on running a client(s). Because a) it does many, many cryptocurrencies, and b) you WILL need wallets at some stage over and above what you keep in your clients. Just be sure to run it locally (and offline if you’re truly paranoid).
Oh, and here’s a simple way to keep track of all your wallets using HTML. You can grab the source and modify it, then upload it wherever you need to suit your needs. You will also want a separate file with your private keys, but don’t upload that one anywhere, because if you lose your keys or someone else gets access to them, you will lose your coins.
Next, be aware that there are online wallets available. While any wallet you don’t own the keys to isn’t actually yours, and therefore isn’t safe, the following are safer than most. Dogetipbot of course is used daily by shibes on Reddit. Block.io uses multisig and gives you Doge, BTC and LTC wallets as well as testnets, and Dogechain gives you your private keys (and also offers a wallet sweeping service).
Exchanges also offer wallets, of course. Not that you should use them to store your hard-earned coins, because they can and do get hacked with monotonous regularity. But at some stage you’re going to want to trade, or hold a few uncommon coins. You could do worse than these three:
And then there’s the obligatory question of mining. Put simply, mining is for all intents and purposes dead, and has been for a long time now. The costs are greater than any possible returns. But, if you insist on doing it anyway, maybe because you inherited a miner, you can earn about 0.01 LTC/day per MH/s merge-mining at Litecoinpool. That’s about 4 cents. :(
Shibes sometimes complain that the devs are not as active in /dogecoin as they used to be. You can find them on IRC, slack or their very own sub if you need them though. Or poke sporklin, who can often help.
You can of course ask any questions here, or post them in the sub. However, do try searching first, because I guarantee every possible question has been asked many times before. And you should also subscribe and hang out in /dogeducation occasionally. There’s much awesomeness there.
From peoplma I was wondering if you could add just a couple things. A link to the coinomi android wallet, it's probably the best one out there. And a sentence somewhere along the lines of "if you need help with any dogecoin software you are welcome to make a post, but PLEASE include your OS, version number of the client, and any relevant transaction IDs that you are willing to share" if you can fit that in somewhere. Also, if you want to link to Prohashing, I'm pretty sure it's the only Scrypt mining pool that will actually pay out in doge. The others I know of pay out in litecoin or bitcoin. And it's a profit switching multipool, so gives a better return than just mining ltc/doge. And there's these two wiki articles I thought would be helpful to link /dogecoin/wiki/technical for those technically minded newbies or intermediate users who want to dig a little deeper. And maybe a link to /dogecoin/wiki/dogecoincoreguide next to the link for dogecoin core. From pts2002 Finally a proper sticky post! Here's some other stuff you could add: zpool.ca mining pool - You can get paid in pretty much any coin, and you can mine in multiple algos (currently mining lyra2v2 with my GPU). Doing about 500Ð/day shapeshift.io exchange - My favourite exchange, quick and easy. No registration required! Also, you should add some blockchain explorers! chain.so - Support for bitcoin, litecoin and doge. dogechain.info - Official blockchain explorer. Includes a wallet (already mentioned). Live update currently not working (?) EDIT: Here's another thing I found! preev.com currency value calculator - Easy way to check the value of your dogecoins (or bitcoins, or litecoins, or peercoins)!
Transcript of DeSantis's complete tweet storm: #BitcoinUnlimited isn't dead, and the #Bitcoin network is *significantly* more centralized than it appears to be.
https://twitter.com/desantis/status/842935842545000448 1/ #BitcoinUnlimited isn't dead, and the #Bitcoin network is significantly more centralized than it appears to be. 2/ Earlier today, a group of twenty #bitcoin exchanges announced their hard fork contingency plans. Bitcoin Exchanges Unveil Hard Fork Contingency Plan 3/ The exchanges revealed their intention to designate #Bitcoin Core as $BTC & #BitcoinUnlimited as $BTU in the event of a network split:
Since it appears likely we may see a hardfork initiated by the Bitcoin Unlimited project, we have decided to designate the Bitcoin Unlimited fork as BTU (or XBU). The Bitcoin Core implementation will continue to trade as BTC (or XBT) and all exchanges will process deposits and withdrawals in BTC even if the BTU chain has more hashing power.
4/ In addition to making an explicit request for strong replay protection:
We insist that the Bitcoin Unlimited community (or any other consensus breaking implementation) build in strong two-way replay protection. Failure to do so will impede our ability to preserve BTU for customers and will either delay or outright preclude the listing of BTU.
5/ To many (myself included) this appeared to be the end of the road for #BitcoinUnlimited.
6/ It was made known that w/o 80% of the hash rate (BU currently is signaling at 32.4%) there'd be no fork.
There will be no #Bitcoin hard fork unless #BitcoinUnlimited gets 80% hashrate. Verified with largest Chinese miners this morning. -- Charlie Shrem
7/ Around the same time, the CEOs of Kraken & ShapeShift came out and clarified their positions regarding the contingency plan:
looks like a misunderstanding on my part. We do agree with the final document. One point of clarification: we make no commitments to the long-term ticker assignments of either Core or BU. -- Kraken CEO Jesse Powell https://pbs.twimg.com/media/C7KuDa7U0AA-w-P.jpg:large
Understandable that Bloomberg have poor understanding of Bitcoin by talking to BU promoters. "BU Activation" doesn't actually do anything. – Samson Mow
20/ Found the website for MacPool; it's "under construction" & currently sporting a http://Bitcoin.com ticker. http://www.macpool.us/ 21/ It's probably worth noting that Ver & the CEO of Kraken go back as well:
A June 2011 hack took the site offline for several days, and according to bitcoin enthusiasts Jesse Powell and Roger Ver, who helped the company respond to the hack, Karpeles was strangely nonchalant about the crisis.
So that’s potentially as much as 75% of the current Bitcoin hashing power in one place. A sane market would be selling right now. – Peter Todd, 2 Nov 2016
24/ A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without… 25/ ...the burdens of going through a financial institution. Digital signatures provide part of the solution... 26/ ...BUT THE MAIN BENEFITS ARE LOST IF A TRUSTED PARTY IS STILL REQUIRED TO PREVENT DOUBLE SPENDING. —Satoshi Nakamoto 27/ I'm now far more concerned w/ the viability of #Bitcoin's current proof-of-work algorithm than I am about the block size. 28/ #BitcoinUnlimited supporters now control http://Bitcoin.com , http://BTC.com , and the world's largest mining pool; wake up.
The cryptocurrency company alleges that former senior software engineer Azamat Mukhiddinov transferred about 90 Bitcoin into an external account. ShapeShift was like the Swiss Army knife of cryptocurrency exchange when it was added to the JAXX wallet in 2016. It provided multi-functionality to the boring Bitcoin wallet, although ShapeShift ... ShapeShift will generate a bitcoin deposit address for you (this is the address you will send your bitcoin from your bitcoin wallet to). Please send your bitcoin to this generated address, being sure to not send an amount over the “Deposit Max” or under the “Deposit Min” That’s it. In a few moments, your Ether will be quickly sent to you. ShapeShift.io is the leading instant digital asset exchange, supporting dozens of blockchain tokens including Bitcoin, Ethereum, Monero, Zcash, Dash, Dogecoin and many more! ShapeShift is a web and API platform created in August of 2014 to provide instant Bitcoin and altcoin conversion with the maximum level of consumer protection and efficiency.
Shapeshift - Easiest and Fastest Way to Exchange Cryptocurrency
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