Der Super-GAU: Binance gehackt, über 40 Millionen Dollar ...

What is bitcoin farming? Is it worth it in 2020?

Are you looking forward to investing in cryptocurrency? Well, one of the first cryptocurrency that comes to your mind is Bitcoin. The pioneering cryptocurrency has paved the way for some remarkable transformations in the world of financial technology. Bitcoin works on a Blockchain platform that enables peer-to-peer interaction, and there is no interference from the third-party. In addition to the revolution which Bitcoin created, it lead to the surge of many cryptocurrencies. Presently, around 500 cryptocurrencies are floating in the market.
Before going ahead to explore about Bitocin farms and bitcoin farming, let’s have a glance at some eye-popping stats:
· By the end of 2019, around 42 million Bitcoin wallets have been set up globally.
· Around 5% of Americans hold Bitcoin
· There are around 7.1 million active Bitcoin users
· One of the best cryptocurrency exchanges, Coinbase has more than 13 million users
The volume of Bitcoin trading from peer-to-peer exchange LocalBitcoin shows that countries like Brazil, Venezuela, Colombia, and many African companies are jumping into the pool of cryptocurrency trading. With Bitcoin being an all-time favorite of many investors, other cryptocurrencies like Litecoin, Ethereum, Ripple, and many others have generated a fair amount of popularity.
What does it mean for us?
Any individual who wishes to invest in Bitcoin must have a fair knowledge about Bitcoin and Bitcoin farming. In simple words, Bitcoin farming is all about extracting value from Bitcoin. Bitcoin miners, similar to framers, work on a complex algorithm and extract value from it.
In simple words, Bitcoin farmers or miners, as we know them, work on computational problems, they ensure that the system is secure, and using this, they solve complex problems. The ones who can solve these complex problems get a reward in the form of Bitcoin.
All these transactions and records are stored on the Bitcoin ledger, making it tamper-free and hacks- proof. There are two ways via which you can start exploring more about Bitcoin, you can either star working as Bitcoin farmer or miner, and work in computation problems or you can start investing in it by choosing the best cryptocurrency exchange platforms.
Investing in cryptocurrencies is the best move that you can make. Bitcoin and other cryptocurrencies will surely make a strong presence in the future, and this is the right time to start investing in it.
You can opt from the different Bitcoin exchange platform. Some of the best cryptocurrency exchanges you can consider are Coinbase, Binance, CashApp, Bisq, and many others. You can choose from either of these and start your investment in Bitcoin.
If you wish to invest in Bitcoin, then you can also consider buying using Bitcoin ATM. You can buy and sell Bitcoin from Bitcoin ATM using cash or debit card. There are some Bitcoin ATM that allows you to sell and purchase Bitcoin.
Conclusion
This was the basic information about Bitcoin farming and Bitcoin trading. If you are futuristic and wish to invest in it, this is the right time to start your investment journey. Ensure that you thoroughly assess the market and study the market trend, based on it; you can start working on it.
For more interesting information, connect with Blockchain Council today.
submitted by Blockchain_org to BlockchainStartups [link] [comments]

Cryptocurrency Trading With Forex. How does It work?

The demand of cryptocurrency is growing every day. New technologies demonstrate potential power, demonstrating that a currency that is not controlled by the state can really exist.
Rather than just Bitcoin today a large number of alternative forks have been created in the blockchain. In this article, we will examine what is a cryptocurrency, features of its reputation, as well as methods of working in the Forex market.

What Are Cryptocurrencies?

So, first, let's find out what is cryptocurrency. In essence, it is a decentralized digital network that is based on mathematical principles and is protected by cryptographic methods.
This Digital currency is anonymous, genuine, and in fact open, so shifts between wallet owners are done in minutes, depending on the type of currency. Digital money is not attached to fiat currency, and its product is originally restricted by the algorithm.
First in cryptocurrency is Bitcoin, which appeared in 2009.
After Bitcoin demonstrated its promise, which happened relatively quickly, other digital currencies called altcoins began to appear at an active rate. Today, there are alternative "crypts" with more than 950 items. Nevertheless, not all of them are traded on exchanges and are engaging to investors, miners and traders.
The cryptocurrency market operates 7 days a week and 24 hours a day, allowing exchange participants to buy, sell, and exchange currencies at any convenient time.
This type of working also dismisses the concept of a trading session, which indicates that price variations can be hard at any time of the day.
Furthermore, the market is very volatile, increasing its speculative appeal, and a large number of altcoins opens up more opportunities for exchange participants in terms of trade and investment.
First of all, popularity is, of course, Bitcoin, and the percentage of its dominance over other currencies is 42.2%. The most famous coins today involve Bitcoin, Ethereum, Ripple, Litecoin, Dash, Cardano and Zcash.
Overall, in today's crypto market, there is active growth of many currencies. In this connection, investments in altcoins raised, which in a particular way, affected their development and rose theirs in value.
Without a doubt, in the market for every cryptocurrency today, one can observe deep bribes or negligible price corrections. However, the general growth trend is unequivocally present.
Therefore, many have already taken their savings out from under the mattresses and rushed to buy dynamic developing alternative currencies.

Crypto Trading with Forex Brokers

Today, digital money is available on brokerage firms' platforms as an alternative trading tool, which is implemented not only in direct trading of crypto assets but also in indifferent value contracts.
Many Forex brokers provide you to start crypto accounts and trade Bitcoin, Ethereum, Litecoin, etc in pairs with EUR, JPY USD, RUR, and CNH
The replenishment of the account and the withdrawal of funds are carried out through specialized payment systems. Therefore, after the withdrawal of profits, the trader will only have to exchange the coins earned for real money on online exchanges.
Also, some brokers allow direct trading of Bitcoin and Ethereum alongside the dollar.
Cryptocurrency is a promising investment and trading tool where everyone can find their own profit. In fact, it is easier to exchange it in Forex, since you can win with the same success both in the increases in the course and in your falls.
The most reliable Forex brokers to gamble on cryptocurrencies foretell a continuation of the growth trend in the estimation of all currencies, so the one who worries that the bubble will collapse still has an opportunity to obtain their share of the desired profit.
Those who do not have digital currency can use CFD contracts for difference in normal types of trading accounts with related efficiency
This service is obtainable in the Alpari, InstaForex and Forex Club brokers.
submitted by jakkkmotivator to thecryptobasic [link] [comments]

Cosmos — an early in-depth analysis at the ecosystem of connected blockchains — Part One

Cosmos — an early in-depth analysis at the ecosystem of connected blockchains — Part One
This is part one of three articles where i will discuss what i have learnt whilst looking into Cosmos. I will provide links throughout the article to provide reference to sections as well as a list of sources at the bottom of the article for you to look into specific areas in more detail if required. Hopefully it will be useful for those interested in learning more about the project.
Cosmos is still very early in development process with components such as IBC which connects two blockchains together currently in research / specification stage, as a result can change by the time its released.

What is Cosmos?

Cosmos is a network and a framework for interoperability between blockchains. The zones are powered by Tendermint Core, which provides a high-performance, consistent, secure PBFT-like consensus engine, where strict fork-accountabilityguarantees hold over the behaviour of malicious actors. Cosmos is not a product but an ecosystem built on a set of modular, adaptable and interchangeable tools.
In Tendermint, consensus nodes go through a multi-round voting proposal process first before coming to consensus on the contents of a block. When 2/3 of those nodes decide on a block, then they run it through the state transition logic providing instant finality. In current proof of work consensus for Ethereum, the consensus process is inverted, where miners pick the transactions to include in a block, run state updates, then do “work” to try and mine the block.
Tendermint BFT can handle up to thousands of transactions per second (depending on the number of validators). However, this only takes into account the consensus part, the application layer is the limiting factor though. Ethermint (described below) has achieved up to 200 tps to give you an idea of the speed available per blockchain which is significantly more than current versions of Ethereum and Bitcoin etc.
The Tendermint consensus is used in a wide variety of projects, some of the most notable include Binance Chain, Hyperledger Burrow. It’s important to note though that just using Tendermint consensus doesn’t mean they can connect to other chains with the cosmos ecosystem, they would need to fork their code to implement IBC as a native protocol to allow interoperability through IBC.
see https://raw.githubusercontent.com/devcorn/hackatom/mastetminfo.pdf for high res

The Tendermint consensus algorithm follows a traditional approach which relies on all validators to communicate with one another to reach consensus. Because of the communication overhead, it does not scale to 1000s of validators like Bitcoin or Ethereum, which can have an unlimited number of validators. Tendermint works when there are 100s of validators. (Cosmos Hub currently has a maximum of 100 validators and the maximum tested so far with Tendermint is 180 validators)
Therefore, one of the downsides of a blockchain built using Tendermint is that, unlike Bitcoin or Ethereum, it requires the validators to be known ahead of time and doesn’t allow for miners to come and go as they please.Besides this, it also requires the system to maintain some notion of time, which is known to be a complex problem in theory. Although in practice, Tendermint has proven this can be done reasonably well if you use the timestamp aggregates of each node.
In this regard, one could argue that Tendermint consensus protocol is “less decentralized” than Bitcoin because there are fewer validators, and they must be known ahead of time.
Tendermint’s protocol guarantees safety and liveness, assuming more than 2/3 of the validators’ voting power is not Byzantine (i.e., malicious). In other words, if less than 1/3 of the network voting power is Byzantine, the protocol can guarantee safety and liveness (i.e., validators will never commit conflicting blocks at the same height and the blockchain continues to make progress).https://www.preethikasireddy.com/posts/how-does-cosmos-work-part1
To see the process of how Tendermint works please see this diagram as well as more info here

Sovereignty

Cosmos goal is to provide sovereignty through governance to developers by making it easy to build blockchains via the Cosmos SDK and provide interoperability between them, using Tendermint consensus. This is their main differentiator compared to competition like Polkadot and Ethereum 2.0. Ethereum 2.0 and Polkadot are taking a different approach by only using shared security, where there is a root chain which controls the security / prevents double spending for all connected blockchains.
In Hub governance all stakers vote, the validators vote is superseded if the delegator votes directly
Governance is where all stakers vote on proposals to determine what changes are implemented in the future for their own blockchain, stakers can either choose to delegate their vote to the validator or they can instead vote directly. Without sovereignty all DAPPs share the same underlying environment. If an application requires a new feature in the EVM it has to rely entirely on the governance of the Ethereum Platform to accept it for example. However, there are also tradeoffs to having sovereignty as each zone is going to need a way to incentivise others to validate / create blocks on the Zone by running Full Nodes. Whilst it may be easy to create a blockchain using the cosmos SDK and to mint a token, there are the legal costs / regulation associated with creating your own token. How are you going to distribute the tokens? How are you going to list them on exchanges? How are you going to incentivise others to use the token without being classed as a security? All of which have led to a significant reduction in the number of ICOs being done. With every zone needing their own validator set, there’s going to be a huge number of validators required each trying to persuade them to validate their zone with only a finite number of validators available.
Each Zone / App is essentially a mini DAO and not all are going to be comfortable about having their project progress been taken out of their hands and instead relying on the community to best decide on the future (unless they control 2/3 of the tokens). The Cosmos Hub has proved this can be successful, but others may be risk averse to having their application be a mini DAO. Should someone / competitor acquire 1/3 of the tokens of a zone then they could potentially prevent any further progress being made by rejecting all governance votes (this would be very costly to do on the Cosmos Hub due to its high amount staked, but for all the other less secure zones this potentially may be an issue).
Security for some zones will likely be a lot lower with every developer needing to validate their own blockchain and tokenise them with POS with no easy way to validate the setup of a validator to ensure its secure. Whilst the Cosmos hub is very secure with its current value staked, how secure zone’s will be with significantly less staked remains to be seen. Whilst providing soverignty was Cosmos’s main goal from the start, they are also looking at being able to provide shared security by having validators of a connected Hub also validate /create new blocks on the connected zone’s blockchain for them as well. They are still going to need some way to incentivise the validators to this. Another option is if the developers didn’t want to create a token, nor want sovereignty etc, then they could just build a DAPP on the EVM on a zone such as Ethermint.
As can be seen their are potential advantages and disadvantages to each method, but rather than forcing shared security like Ethereum and Polkadot, Cosmos is giving the developer the choice so will be interesting to see which they prefer to go for.

Layers of a blockchain

From an architecture standpoint, each blockchain can be divided into three conceptual layers:
  • Application: Responsible for updating the state given a set of transactions, i.e. processing transactions.
  • Networking: Responsible for the propagation of transactions and consensus-related messages.
  • Consensus: Enables nodes to agree on the current state of the system.
The state machine is the same as the application layer. It defines the state of the application and the state-transition functions. The other layers are responsible for replicating the state machine on all the nodes that connect to the network.
The Cosmos SDK is a generalized framework that simplifies the process of building secure blockchain applications on top of Tendermint BFT. The goal of the Cosmos SDK is to create an ecosystem of modules that allows developers to easily spin up application-specific blockchains without having to code each bit of functionality of their application from scratch. Anyone can create a module for the Cosmos SDK and using ready built modules in your blockchain is as simple as importing them into your application.
The Tendermint BFT engine is connected to the application by a socket protocol called the Application Blockchain Interface (ABCI). This protocol can be wrapped in any programming language, making it possible for developers to choose a language that fits their needs.

https://preview.redd.it/5vpheheqmba31.png?width=770&format=png&auto=webp&s=ec3c58fb7fafe10a512dbb131ecef6e841e6721c

Hub and Spoke Topology

Cosmos follows a hub and spoke topology as its not feasible to connect every zone together. If you were to connect every blockchain together the number of connections in the network would grow quadratically with the number of zones. So, if there are 100 zones in the network then that would equal 4950 connections.
Zones are regular heterogenous blockchains and Hubs are blockchains specifically designed to connect Zones together. When a Zone creates an IBC connection with a Hub, it can automatically access (i.e. send to and receive from) every other Zone that is connected to it. As a result, each Zone only needs to establish a limited number of connections with a restricted set of Hubs. Hubs also prevent double spending among Zones. This means that when a Zone receives a token from a Hub, it only needs to trust the origin Zone of this token and each of the Hubs in its path. Hubs do not verify or execute transactions committed on other zones, so it is the responsibility of users to send tokens to zones that they trust.
There will be many Hubs within Cosmos network the first Hub to launch was the Cosmos Hub whose native staking token is called ATOM. ATOM tokens are specific to just the Cosmos Hub which is one hub of many, each with their own token. Transaction fees for the Cosmos Hub will be payable in multiple tokens so not just ATOMs whereas other Hubs such as IRIS has made it so that all transaction fees are paid in IRIS for transactions on its hub.
As mentioned, the Cosmos Hub is one of many hubs in the network and currently has a staking ratio of around 70% with its token ATOM having a market cap of just over $800 million. IRISnet was the second Hub to launch which currently has around 28% bonded with its token IRIS which has a market cap of just under $17 million. The Third Hub about to be launched later this month has its token SENT which has a market cap of around $3.4 million. As you can see the security of these 3 hubs differ wildly and as more and more hubs and then zones are brought online there is going to need to be a lot of tokens / incentivisation for validators.
Ethermint
Standard Cosmos zones / hubs don’t have smart contract functionality and so to enable this, as the Application layer is abstracted from the consensus layer via ABCI API described earlier, it allows Cosmos to port the code over from other blockchains such as Ethereum and use it with the Tendermint Consensus to provide access to the Ethereum Virtual Machine. This is what is called Ethermint.
This allows developers to connect their zones to specialised zones such as Ethermint to build and run smart contracts based on Solidity, whilst benefiting from the faster performance of the tendermint Conensus over the existing POW implementation currently. Whereas a normal Go Ethereum process runs at ~12.5 transactions per second (TPS), Ethermint caps out at 200 TPS. This is a comparison against existing Ethereum speeds, whilst obviously Ethereum are working on their own scaling solutions with Ethereum 2.0 which will likely be ready around the same time. Existing tools / dapps used on ethereum should easily be able to be ported over to Ethermint by the developer if required.
In addition to vertical scaling (with the increase in tps by using Tendermint consensus), it can also have multiple parallel chains running the same application and operated by a common validator set. So if 1 Ethermint zone caps out at 200 TPS then 4 Ethermint zones running in parallel would theoretically cap out at 800 TPS for example.

https://preview.redd.it/e2pghr9smba31.png?width=554&format=png&auto=webp&s=a6e472a6e4a0f3845b03c36caef8b42d77125e46
There is a huge number of developers / apps currently built on Ethereum, should a developer choose to migrate their DAPP over to Ethermint they would lose native compatibility with those on Ethereum (except through Peg Zone), but would gain compatibility with those running on Ethermint and others in the cosmos ecosystem.
You can find out more about Ethermint here and here

IBC

IBC stands for inter-blockchain communication protocol and is an end-to-end, connection-oriented, stateful protocol for reliable, ordered, authenticated communication between modules on separate distributed ledgers. Ledgers hosting IBC must provide a certain set of functions for consensus transcript verification and cryptographic commitment proof generation, and IBC packet relayers (off-chain processes) are expected to have access to network protocols and physical datalinks as required to read the state of one ledger and submit data to another.
In the IBC architecture, modules are not directly sending messages to each other over networking infrastructure, but rather creating messages to be sent which are then physically relayed via “Relayers”. “Relayers” run off-chain and continuously scan the state of each ledger via a light client connected to each of the 2 chains and can also execute transactions on another ledger when outgoing datagrams have been committed. For correct operation and progress in a connection between two ledgers, IBC requires only that at least one correct and live relayer process exists which can relay between the ledgers. Relays will need to be incentivised to perform this task (the method to which hasn’t been established as of this writing)
The relay process must have access to accounts on both chains with sufficient balance to pay for transaction fees. Relayers may employ application-level methods to recoup these fees, such by including a small payment to themselves in the packet data. More information on Relayers can be found here

https://preview.redd.it/qr4k6cxtmba31.png?width=1100&format=png&auto=webp&s=d79871767ced4bcb0b2632cc137c118f70c3863a
A high-level overview of the process is that Zone 1 commits an outbound message on its blockchan about sending say 1 x Token A to Hub1 and puts 1 x Token A in escrow. Consensus is reached in Zone 1, and then it’s passed to the IBC module to create a packet which contains the reference to the committed block, source and destination channel/ connection and timeout details and is added to Zone 1’s outbound queue as proof.
All relayers (who run off-chain) are continuously monitoring the state of Zone 1 via the Zone 1 light client. A Relayer such as Relayer 1 is chosen and submits a proof to Hub1 that Zone 1.
Hub 1 then sends a receipt as proof that it has received the message from Zone 1, relayer1 sends it to Zone 1. Zone 1 then removes it from its outbound queue and sends proof via another receipt to Hub1. Hub1 verifies the proof and mints the token.

https://preview.redd.it/qn7895rumba31.png?width=770&format=png&auto=webp&s=96d9d808b2284f87d45fa0bd7b8bff297c86c2da
This video below explains the process in more detail as well as covers some of the other points i raise later in this article so worth a watch (time stamped from 22:24 to 32:25) and also here from 38:53 to 42:50
https://youtu.be/5h8DXul4lH0?t=1344
Whilst there is an option for UDP style transfer where a zone will send a message to a Hub and it doesn’t care whether it gets there or in any order etc, Token transfers are going to require the TCP style connections in IBC where there is a send, receipt and then another receipt as explained above. Each Send, receipt followed by another receipt is going to take at least 2 blocks and so using Cosmos Hub block times as an example with 6.88 second block times a transfer between one zone and hub could take a minimum of 41.28 seconds. You also then have to factor in the amount of other transactions going through those at that time and relevant gas price to see whether it is able to use 2 consecutive blocks or whether it may take more. This is also explained in this video “ILP Summit 2019 | Cosmos and Interledger | Sunny Aggarwal” (time stamped) from to 12:50 to 15:45

In Part Two we will look at potential issues with multi hop routing, token transfers across multiple routes and Peg Zones, whilst also looking at other interoperability solutions that would resolve some of these issues and compliment the cosmos ecosystem. Part Two can be found here
submitted by xSeq22x to cosmosnetwork [link] [comments]

CSW: I am Satoshi Nakamoto. I created Bitcoin - [BitKan 1v1] Craig Wright vs Jiangzhuoer

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Question 1: Both the BCH and BSV communities think that they are the true, original bitcoin from Nakamoto. What do you think was the original idea from Nakamoto?
**CSW:**My original idea is defined in white paper for no limits. And I also described this in the P2P Foundation. It is a distributed system. Users use it to connect to each other, and the miners, to stop double Spending. I explain this further late in 2010, I basically said that the network expands to have a number of nodes that become large data center type operations, because it's not about running nodes. People who run nodes are foolish unless that making money, that's it. When I created Bitcoin, it is a overlay network of the peer-to-peer network, the top of peer-to-peer network. We did peer-to-peer. Peer-to-peer means not what you send to the network, and then another user gets it by the network. That is outside the definition of peer to peer. That is a typical centralized mesh. Why Bitcoin works is that user Alice sends to user Bob,Bob received the transaction. So Bob wrote that he received it. He sent it to the network. IP to IP was one of the fundamental parts of Bitcoin that was removed by core right after I left, basically, I fix Bitcoin and I had the lay out in the first place. There's no question that what happened, and whatever else and what version of things Nakamoto wanted, because I am Satoshi Nakamoto. I created Bitcoin. Very soon, people will notice that. If you don't like it, I don't care.

Question 2. As the main witnesses of BTC to BCH fork, what do you think was the main reason for the fork at that point of time? Now what do you think about the fork at the time? Have you ever changed your mind?
CSW: There was a BCH fork away from Bitcoin, BTC added a number of things to make cryptocurrency more anonymous, which makes it illegal, which means the government can shut it down. Don’t ever believe the government can’t stop bitcoin. Government, the US government and Chinese government could stop bitcoin in a heartbeat. They are going to follow international law to shut down. The Liberty Reserve closed down involved 42 countries working together. It involved basically a distributive system of 10,000 different operations. Not Raspberry pie nodes because it is only 15 real BTC nodes, operators to ran money system. We can't work to unable governments to see machines. If the criminal use of bitcoin is to become anonymous that government can seize machines, can arrest people, can torture by law. The American government can enforce orders in China. So BTC wanted to make something that was not bitcoin. It wanted to change bitcoin further. So BTC split away from bitcoin. That's the fork. Bitcoin didn't change. I make sure we kept going. Jihan and Bitmain. I would like to have a talk about what we are planning, and the mining, we are building. Jihan and Bitmain, took the information to go into confidence and make sure that there was a fork. So this fork happened because Jihan and Bitmain are basically a bunch of lying stuff, and that would be found out later. The second fork was only last year. That was with BCH. Just to keep it simple. Bitcoin vary again. There’s no system of bitcoin is out to try to make it illegal, to make it criminal, to make it anonymous. Roger Ver, who helps from things like Silk Road and Charlie's friend money laundering operation, which Charlie's friend went to jail for. Other people like them that invested a lot of the dark websites, which all under investigation at the moment, which will be founded to watch in the next several years. People like Roger and even Jihan, wanted to use bitcoin to take the illegal money and transfer, they want it to be a dark web system. So they added extra objects to change the bitcoin further. They try to allow it to be more anonymous in a different way. So the simple thing is, there is bitcoin as I created, and there is bitcoin designed to be illegal and then it forks.

Question 3. Finally, can we invite Dr. Craig and Mr. Jiang to talk about each other's technology l and vision? What is the most worthwhile point to learn?
**CSW:**Sorry, I don’t look at those broken versions of bitcoin. I have no interest in learning about how people don’t want to understand bitcoin, how about you want to see the value and how they want to create the system or see these cryptocurrencies in the 90s. If people want to do that, that’s all their choice, but I am not interested in watching them go down in flames. Thank you.

Jiang asked CSW: You have ever wondered why there isn't a 0 in Base58 encodings. (Satoshi, the creator of Base58 explicitly took out 0 and O to avoid confusion). Why didn't you even know the Base58 encoding if you are Satoshi?
https://www.reddit.com/btc/comments/9apx40/professor_technobabble_wondering_why_there_isnt_a/
CSW: He's supposedly trying to mislead the audience by making out the checksum to pass off the transaction. He is basically trying to lie to the people and the audience, making them seen that I don’t understand bitcoin. If you look at why it works, the address was not part of the bitcoin. Bitcoin is a wallet, exchange peer-to-peer with the template. Basically, why does this work is that you have is a transaction that has a checksum to send between wallets. That checksum is a relevant. It never goes into the bitcoin network. The checksum is added only to ensure the transaction to the network while a wallet is correct. The original version of bitcoin didn’t eventually work that way. So what he is trying to mislead you is to say is what I don’t understand checksum etc., which is the lie propagate by people like Bitmain, where insists what it is you do a checksum of the code and then you hand it up. And the third part of this is very simply put. Without the checksum, the transaction sends to the network properly. The checksum is purely a wallet function, so you can add any checksum function and Wormhole would allow this work. Wormhole was an attempt to make an illegal system. Wormhole is another of these things because Jihan and the others wanted to take money out of China. They work with people to do money laundering, so the value that they see of bitcoin is to help money laundering. So they want to try and lie to people and make it that I don’t understand this technology, because they want to keep their money laundering scam going. So if you actually look at my posts, you will see that I've already explained the checksum in details. If you look at the work bitcoin transaction, you will see there has no transaction checksum. No one wants you to look at that because they want you to stay stupid and ignorant, because spending money out of you requires that you are dumb.


Digest from [BitKan 1v1] debate.
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submitted by BitKan to bitcoincashSV [link] [comments]

Daily analysis of cryptocurrencies 20191021(Market index 37 — Fear state)

Daily analysis of cryptocurrencies 20191021(Market index 37 — Fear state)

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Huawei Filed Patent Application For Blockchain-Based Settlement Citing information from Tian Yan Cha, a tool for commercial surveys, Huawei has filed a patent application for blockchain-based settlement. Per the application form, the patent can be used to verify the original data sent from the client end and settle the generation process from data to bills.
Korean Firms To Launch Trial Version Of All-In-One ID Verification App By End Of 2019 South Korean mobile carriers, smartphone makers, and financial firms, including Samsung Electronics, Hyundai Card, Shinhan Bank, etc. have joined hands to launch a decentralized ID service, named Initial, on a trial basis this year. The new service will essentially verify an individual’s identity without tangible documents like graduation or employment certificates, and enable taking out loans or applying for jobs, through a single mobile App. This is the second endeavor to launch a mobile identity verification system using blockchain technologies, after a similar effort by the Korea Financial Telecommunications & Clearings Institute.
China’s State Council To Strengthen Blockchain-Powered Regulation On Bills, Entertainment, And Healthcare China’s State Council addressed the need for stricter regulation on sectors of bills, entertainment, and healthcare in the Enhanced Regulation Guidance published recently, which points out the benefits and importance of leveraging nascent technologies, such as blockchain, big data, IoT, cloud computing, AI, etc. The Guidance explains that technologies like blockchain can reduce regulatory costs, minimize interference, and maximum effects of regulation. According to the State Council, blockchain, as a critical technology, is a natural fit for the regulatory frameworks, it can facilitate with the integration of regulatory infrastructures, offer reliable and timely transaction status, and improve information transparency.

Encrypted project calendar(October 21, 2019)

KNC/Kyber Network: The official online hackathon of the Kyber Network (KNC) project will end on October 21st, with more than $42,000 in prize money. Horizen (ZEN): 21 October 2019 Sidechains Alpha Release Horizen releasing the alpha version of industry first decentralized and unfederated sidechains. Horizen (ZEN): 21 October 2019 Updated Whitepaper Horizen releasing an updated whitepaper. Kuverit (KUV) : IDAX will list #Kuverit (KUV) and open trading for KUV/BTC trading pair. is going to be listed on 21 Oct, at 10:00 am (UTC+8). VRD/VRD Chain: VRD Chain (VRD) WBF Exchange will launch VRD/ETH trading pairs in the open area on October 21st at 10:00. MKMaker: MakerDAO (MKR) WBF Exchange will launch the MKUSDT trading pair in the open area on October 21st at 16:00. H56/H56 Token: H56 Token (H56) OEx International Station will be launched on October 21st at 14:30. NAUC/Nautical Coin: The Nautical Coin (NAUC) BiKi platform will open NAUC recharge and withdrawal at 14:00 on October 21, and open the NAUC/USDT transaction pair at 14:00 on October 24th. Celer Network (CELR): 21 October 2019 AMA “Come and join our AMA on Monday, OCT 21 at 7PM(PST).” Ankr (ANKR) : 21 October 2019 Moscow Meetup “This Monday, Oct 21, we are co-hosting a meetup with @Binance in Moscow!” Ethereum Classic (ETC): 21 October 2019 AMA @ETCCooperative Executive Director @BobSummerwill will participate in an AMA held by @GuardaWallet Nebulas (NAS): 21 October 2019 Community Fund Vote “The time has come for the community to decide what to do with the remaining community fund containing 34 million $NAS.” Hype Token (HYPE): 21 October 2019 Limited HYPE NFT Badges Level 5 & 6 NFT Badges has been released. As part of HYPE Token’s community rewards program, you can collect super rare NFT badges! IOST (IOST): 21 October 2019 Weekly Summary “Here’s a quick summary of the week of 14th Oct 2019 by @iostWatch

Encrypted project calendar(October 22, 2019)

ZRX/0x: The 0x protocol (ZRX) Pantera blockchain summit will be held on October 22. Locus Chain (LOCUS): 22 October 2019 Public Test Begins Public test runs for three days from October 22nd to October 24th. IOTA (MIOTA): 22 October 2019 EclipseCon Europe Next week, join Lewis Freiberg, our Director of Ecosystem, to learn how to build an ecosystem around IoT focused distributed ledgers. TRON (TRX): 22 October 2019 TRC20-USDT Bonanza “… @Huobiglobal . Deposit #TRC20- #USDT, enjoy APR up to 30%, starting from 00:00, Oct, 22 to 00:00, Nov, 1, 2019(SGT).” PCHAIN (PI): 22 October 2019 Ama with Founder & CEO “Jeff Cao PCHAIN founder & CEO, will host an AMA on 22nd Oct at 11:00 PM (UTC+8) in the @Binance_DEX Telegram.” iExec RLC (RLC): 22 October 2019 AMA “Tuesday 22 October 2019. You can ask the team anything you want until Thursday 17 October.”

Encrypted project calendar(October 23, 2019)

MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on October 23rd at the University of Southern California in Los Angeles with the theme “Connecting the I3 Market and Experiencing Purchase and Sales Data.” BTC/Bitcoin: The WBS World Blockchain Summit (Middle East) will be held in Dubai from October 23rd to 24th. Cardano (ADA) and 1 other: 23 October 2019 WBS Dubai “One of a kind gathering of 500+ curated & pre-qualified investors, CEOs, CIOs, CTOs, Heads of Blockchain, Chief Digital Officers CloakCoin (CLOAK): 23 October 2019 (or earlier) CloakCoin Competition “CloakCoin competition : solve the CloakCoin ENIGMA transaction, 3rd round.” Loom Network (LOOM): 23 October 2019 Singapore Meetup “Unstack the Stack Series: Loom Network” from 6:30–8:30 PM (SST). BTGS/Bitdog: ZG.COM will open the BTGS currency and coin transfer business at 14:00 on October 23, and open the BTGS/USDT transaction pair on October 23 at 18:18. Waltonchain (WTC): 23 October 2019 Transfers Suspended “$WTC deposits and withdrawals on #TaibiExchange will be suspended from 00:00 Oct 22 (UTC+8) and are estimated to resume at 15:00 Oct 23

Encrypted project calendar(October 24, 2019)

BCN/Bytecoin: Bytecoin (BCN) released the hidden amount of the Bytecoin block network on October 24. Horizen (ZEN): 24 October 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA. ANT/Aragon: Aragon (ANT) Aragon Network will hold the theme “DAO: ICO and DeFi next step” in Hong Kong on October 24th? DATA/Streamr DATAcoin: Streamr DATAcoin (DATA) Streamr Network Technology Exchange and Project Development Conference will be held in London on October 24th. Lisk (LSK): 24 October 2019 Coding Workshop — Berlin “During this workshop you will acquire the skills to create custom transactions with the Lisk Alpha SDK using Node.js.” BTU Protocol (BTU): 24 October 2019 Africa IT Expo “Our co-founder @vidal007 will be speaking at upcoming @africa_aitex [African IT Expo] held in #Rabat #Morocco on 24th of October.” Matrix AI Network (MAN): 24 October 2019 YouTube AMA YouTube AMA from 3PM, October 24 (GMT+8). Utrum (OOT): 24 October 2019 AtomicDex Listing “We are pleased to announce that Utrum coin OOT is getting listed on Komodo Platform Decentral Exchange — AtomicDEX. “

Encrypted project calendar(October 25, 2019)

ADA/Cardano: Cardano (ADA) The Ada community will host a community gathering in the Dominican Republic for the first time on October 25. Crypto.com Coin (CRO): 25 October 2019 Live AMA with CEO “Live AMA with our CEO @Kris_HK on @cryptocom’s Twitter next Friday, 25 October, 11AM HKT.” GST/GSTCOIN: GSTCOIN(GST)LBank will be online GST on October 25, 2019 at 16:00 (UTC+8), open trading pair: GST/USDT, GST/ETH.

Encrypted project calendar(October 26, 2019)

KAT/Kambria: Kambria (KAT) Kambria will host the 2019 Southern California Artificial Intelligence and Data Science Conference in Los Angeles on October 26th with IDEAS. BTC/Bitcoin: CoinAgenda Global Summit will be held in Las Vegas from October 26th to 28th Horizen (ZEN): 26 October 2019 (or earlier) ZEN 2.0.19 Upgrade Zen 2.0.19 upgrade at block #610000, which is expected around October 26.

Encrypted project calendar(October 27, 2019)

ICON (ICX): 27 October 2019 Money 20/20 USA Event Money 20/20 USA in Las Vegas from October 27–30.

Encrypted project calendar(October 28, 2019)

LTC/Litecoin: Litecoin (LTC) 2019 Litecoin Summit will be held from October 28th to October 29th in Las Vegas, USA BTC/Bitcoin: Mt.Gox changes the debt compensation plan submission deadline to October 28 ZEC/Zcash: Zcash (ZEC) will activate the Blossom Agreement on October 28th Stellar (XLM): 28 October 2019 Protocol 12 Upgrade Vote Horizon v0.22.0 has been released, which supports Protocol 12. This gives everyone ample time to prepare for the Protocol 12 upgrade vote Celsius (CEL) and 3 others: 28 October 2019 Litecoin Summit “…The Litecoin Summit offers two fun, jam-packed days with something for everyone.” XFOC (XFOC): The IDAX platform will be online XFOC and will open the XFOC/USDT trading pair at 13:00 on October 28. MEDIUM (MDM): The IDAX platform lists MDM and will open MDM/BTC trading pairs on October 28th at 15:00. ZB/ ZB Blockchain: The “2019 Hamburg Intercontinental Dialogue Conference” hosted by ZB.com will be held from October 28th to November 9th at the Four Seasons Hotel Hamburg, Germany. BQT (BQTX): 28 October 2019 Down for Maintenance BQTX.com will be down for maintenance on the 28th of October from 7 to 12am UTC.

Encrypted project calendar(October 29, 2019)

BTC/Bitcoin: The 2nd World Encryption Conference (WCC) will be held in Las Vegas from October 29th to 31st. ICON (ICX): 29 October 2019 Decentralization “As a result, the decentralization schedule of the ICON Network has been changed from September 24, 2019 to October 29, 2019.” Ark (ARK): and 10 others 29 October 2019 WCC 2019 Second annual Blockchain and Cryptocurrency Technology event, World Crypto Conference (WCC), October 29th — October 31, 2019. Insifa (ISF): 29 October 2019 Prototype Alpha “We from Insifa have decided to be more open. Our Prototype will be developed in scrum. This means new releases every two weeks.”

Encrypted project calendar(October 30, 2019)

MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on October 30th at the University of Southern California in Los Angeles on the topic “How to store data on IOTA Tangle.” TRON (TRX): 30 October 2019 SFBW19 Afterparty “TRON Official SFBW19 Afterparty from 7–10:30 PM in San Francisco.” Horizen (ZEN): 30 October 2019 Horizen Quarterly Update Join our first Quarterly Update on October the 30th at 5 PM UTC/ 1 PM EST. Deeper look into Engineering, BD, Marketing, and more. Aeternity (AE): 30 October 2019 Hardfork “The third hardfork of the æternity Mainnet is scheduled for October 30, 2019.” Valor Token (VALOR): 30 October 2019 Transaction Fees Resume “It’s September and the SMART VALOR Platform is still waiving transaction fees for all members, until October 30th!” Aragon (ANT): 30 October 2019 Singapore Meetup “Aragon on DAOs and DeFi” from 6:30–8:30 PM. Kambria (KAT): 30 October 2019 Outliers Hashed Awards Outliers Hashed awards from October 30–31. Ethereum Classic (ETC): 30 October 2019 Cohort Demo Day “ETC Labs hosts it’s 2nd Cohort Demo Day. Learn about the companies and project being accelerated through the Ethereum Classic ecosystem.”

Encrypted project calendar(October 31, 2019)

Spendcoin (SPND): 31 October 2019 (or earlier) Cross Ledger Mainnet “Cross Ledger Mainnet Release and SPND Token Swap,” during October 2019. Spendcoin (SPND): 31 October 2019 (or earlier) Blkchn University Beta “Blockchain University Beta goes live,” during October 2019. Stellar (XLM): 31 October 2019 (or earlier) Minor Release “We will have 6 Minor Releases in 2019; one each in February, March, May, June, August, and October.” Bitcoin SV (BSV): 31 October 2019 (or earlier) BSV Conference Seoul No additional information. Seele (SEELE): 31 October 2019 (or earlier) Public Network Mainne launch has been moved to Oct 31 . Howdoo (UDOO): 31 October 2019 (or earlier) Howdoo Live on Huawei Howdoo begins its exciting partnership with Huawei with listing as a featured app starting in October. Chiliz (CHZ): 31 October 2019 (or earlier) App Soft Launch Soft launch of Socios App by end of October. Dent (DENT): 31 October 2019 (or earlier) Loyalty Program “Afterburner loyalty program launch for all 21,6 Million mobile #DENT users will be in October!” IceChain (ICHX): 31 October 2019 (or earlier) Wallet Release IceChain releases wallet during October. Chiliz (CHZ): 31 October 2019 (or earlier) New Partnerships New sports and new teams joining Socios (+more updates and events) will be announced in the upcoming weeks. Horizen (ZEN): 31 October 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA. PCHAIN (PI): 31 October 2019 (or earlier) New Website No additional information. IOST (IOST): 31 October 2019 (or earlier) New Game on IOST “Eternal Fafnir, a new role-playing game developed by INFUN is coming to you in Oct.” Achain (ACT): 31 October 2019 Mainnet 2.0 Launch “… The main network is officially scheduled to launch on October 31.” Mithril (MITH):31 October 2019 Burn “MITH burn will take place on 2019/10/31 2pm UTC+8. “ Aergo (AERGO): 31 October 2019 (or earlier) Aergo Lite V1.0 Release AergoLite, which brings blockchain compatibility to billions of devices using SQLite, released during October 2019. TE-FOOD (TFD): 31 October 2019 (or earlier) Complementary Product “Development of a new, complementary product with a new partner, which we hope to be launched in September-October.” Edge (DADI): 31 October 2019 (or earlier) Full Open Source Code base for the network fully open-sourced in September or October. BlockStamp (BST): 31 October 2019 (or earlier) ASIC Miner Prototype In orderr to ensure BlockStamps continued decentralization, we will release a BST ASIC miner for testing. Perlin (PERL): 31 October 2019 (or earlier) SSA Partnership “Perlin has partnered with the Singapore Shipping Association to create the International E-Registry of Ships (IERS)” Skrumble Network (SKM): 31 October 2019 (or earlier) Exchange Release “3rd dApp: Exchange Release,” during October 2019. EDC Blockchain (EDC): 31 October 2019 (or earlier) Blockchain Marketplace “As you already know, our ECRO blockchain marketplace is ready for release, and will open to the global community in October!” BlockStamp (BST): 31 October 2019 (or earlier) ASIC Miner Prototype In orderr to ensure BlockStamps continued decentralization, we will release a BST ASIC miner for testing. XinFin Network (XDCE): 31 October 2019 Homebloc Webinar “XinFin — Homebloc Webinar 2019” from 9–10 PM. Akropolis (AKRO): 31 October 2019 (or earlier) Alpha Release “Delivers the initial mainnet implementation of protocol. All building blocks will be united to one product.” Hyperion (HYN): 31 October 2019 (or earlier) Economic Model The final version of the HYN Economic Model launches in October.

Encrypted project calendar(November 1, 2019)

INS/Insolar: The Insolar (INS) Insolar wallet and the redesigned Insolar Block Explorer will be operational on November 1, 2019. VeChain (VET):”01 November 2019 BUIDLer Reunion Party BUIDLer Reunion Party in San Francisco from 8–11 PM. uPlexa (UPX): 01 November 2019 Steadfast Storm — PoS/PoW split (Utility nodes ie. master nodes) — Upcoming Anonymity Network much like TOR — Privacy-based DApps — Reduced network fees. Enjin Coin (ENJ): 01 November 2019 MFT Binding “ICYMI: On Enjin Coin’s 2nd anniversary (November 1), Enjin MFTs will be bound to hodlers’ blockchain addresses…” Auxilium (AUX):01 November 2019 AUX Interest Distribution Monthly interest distribution by Auxilium Interest Distribution Platform for coinholders. Also supports charity. Havy (HAVY):01 November 2019 Token Buyback “Havy tokens buyback, Only in 1 exchange between Idex, Mercatox & Hotbit. The exchange depends on the most lower sell wall.”

Encrypted project calendar(November 2, 2019)

Kambria (KAT): 02 November 2019 VietAI Summit 2019 Kambria joins forces with VietAI for the annual VietAI Summit, with top experts from Google Brain, NVIDIA, Kambria, VietAI, and more!

Encrypted project calendar(November 4, 2019)

Stellar (XLM): 04 November 2019 Stellar Meridian Conf. Stellar Meridian conference from Nov 4–5 in Mexico City. Cappasity (CAPP): 04 November 2019 Lisbon Web Summit Lisbon Web Summit in Lisbon, Portugal from November 4–7.

Encrypted project calendar(November 5, 2019)

Nexus (NXS): 05 November 2019 Tritium Official Release “Remember, Remember the 5th of November, the day Tritium changed Distributed Ledger. Yes, this is an official release date.” NEM (XEM): 05 November 2019 Innovation Forum — Kyiv NEM Foundation Council Member Anton Bosenko will be speaking in the upcoming International Innovation Forum in Kyiv on November 5, 2019.

Encrypted project calendar(November 6, 2019)

STEEM/Steem: The Steem (STEEM) SteemFest 4 conference will be held in Bangkok from November 6th to 10th.

Encrypted project calendar(November 7, 2019)

XRP (XRP): 07 November 2019 Swell 2019 Ripple hosts Swell from November 7th — 8th in Singapore.

Encrypted project calendar(November 8, 2019)

BTC/Bitcoin: The 2nd Global Digital Mining Summit will be held in Frankfurt, Germany from October 8th to 10th.

Encrypted project calendar(November 9, 2019)

CENNZ/Centrality: Centrality (CENNZ) will meet in InsurTechNZ Connect — Insurance and Blockchain on October 9th in Auckland.
https://preview.redd.it/25yzdn8yvvt31.png?width=504&format=png&auto=webp&s=31b4e04dfff879aff9ee1327bbabea4c989861e4

This past week, we saw mostly bearish moves in bitcoin below the $8,200 support area against the US Dollar. BTC price even settled below $8,000 and the 100 hourly simple moving average. However, the $7,800 area acted as a strong support. As a result, BTC started a decent recovery above the $8,000 resistance area and the 100 hourly SMA. Moreover, there was a break above a contracting triangle with resistance near $8,000 on the hourly chart.
More importantly, the price surpassed the main $8,200 resistance area (as discussed in the weekly forecast). Finally, the price traded above the $8,250 level and tested the $8,300 zone. A high was formed near $8,305 and the price is currently consolidating gains. An immediate support is near the $8,200 level or the 23.6% Fib retracement level of the recent recovery from the $7,884 low to $8,305 high.
Additionally, there is a short term breakout or bullish continuation pattern forming with resistance near $8,250 on the same chart. If there is an upside break above $8,250, bitcoin price could continue to rise towards the $8,300 and $8,350 resistance levels. The next key resistance on the upside is near the $8,400 level.
Review previous articles: https://medium.com/@to.liuwen

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Cosmos — an early in-depth analysis at the ecosystem of connected blockchains — Part One

Cosmos — an early in-depth analysis at the ecosystem of connected blockchains — Part One
This is part one of three articles where i will discuss what i have learnt whilst looking into Cosmos. I will provide links throughout the article to provide reference to sections as well as a list of sources at the bottom of the article for you to look into specific areas in more detail if required. Hopefully it will be useful for those interested in learning more about the project.
Cosmos is still very early in development process with components such as IBC which connects two blockchains together currently in research / specification stage, as a result can change by the time its released.

What is Cosmos?

Cosmos is a network and a framework for interoperability between blockchains. The zones are powered by Tendermint Core, which provides a high-performance, consistent, secure PBFT-like consensus engine, where strict fork-accountabilityguarantees hold over the behaviour of malicious actors. Cosmos is not a product but an ecosystem built on a set of modular, adaptable and interchangeable tools.
In Tendermint, consensus nodes go through a multi-round voting proposal process first before coming to consensus on the contents of a block. When 2/3 of those nodes decide on a block, then they run it through the state transition logic providing instant finality. In current proof of work consensus for Ethereum, the consensus process is inverted, where miners pick the transactions to include in a block, run state updates, then do “work” to try and mine the block.
Tendermint BFT can handle up to thousands of transactions per second (depending on the number of validators). However, this only takes into account the consensus part, the application layer is the limiting factor though. Ethermint (described below) has achieved up to 200 tps to give you an idea of the speed available per blockchain which is significantly more than current versions of Ethereum and Bitcoin etc.
The Tendermint consensus is used in a wide variety of projects, some of the most notable include Binance Chain, Hyperledger Burrow. It’s important to note though that just using Tendermint consensus doesn’t mean they can connect to other chains with the cosmos ecosystem, they would need to fork their code to implement IBC as a native protocol to allow interoperability through IBC.

see https://raw.githubusercontent.com/devcorn/hackatom/mastetminfo.pdf for high res

The Tendermint consensus algorithm follows a traditional approach which relies on all validators to communicate with one another to reach consensus. Because of the communication overhead, it does not scale to 1000s of validators like Bitcoin or Ethereum, which can have an unlimited number of validators. Tendermint works when there are 100s of validators. (Cosmos Hub currently has a maximum of 100 validators and the maximum tested so far with Tendermint is 180 validators)
Therefore, one of the downsides of a blockchain built using Tendermint is that, unlike Bitcoin or Ethereum, it requires the validators to be known ahead of time and doesn’t allow for miners to come and go as they please.Besides this, it also requires the system to maintain some notion of time, which is known to be a complex problem in theory. Although in practice, Tendermint has proven this can be done reasonably well if you use the timestamp aggregates of each node.
In this regard, one could argue that Tendermint consensus protocol is “less decentralized” than Bitcoin because there are fewer validators, and they must be known ahead of time.
Tendermint’s protocol guarantees safety and liveness, assuming more than 2/3 of the validators’ voting power is not Byzantine (i.e., malicious). In other words, if less than 1/3 of the network voting power is Byzantine, the protocol can guarantee safety and liveness (i.e., validators will never commit conflicting blocks at the same height and the blockchain continues to make progress).https://www.preethikasireddy.com/posts/how-does-cosmos-work-part1
To see the process of how Tendermint works please see this diagram as well as more info here

Sovereignty

Cosmos goal is to provide sovereignty through governance to developers by making it easy to build blockchains via the Cosmos SDK and provide interoperability between them, using Tendermint consensus. This is their main differentiator compared to competition like Polkadot and Ethereum 2.0. Ethereum 2.0 and Polkadot are taking a different approach by only using shared security, where there is a root chain which controls the security / prevents double spending for all connected blockchains.
Governance is where all stakers vote on proposals to determine what changes are implemented in the future for their own blockchain, stakers can either choose to delegate their vote to the validator or they can instead vote directly. Without sovereignty all DAPPs share the same underlying environment. If an application requires a new feature in the EVM it has to rely entirely on the governance of the Ethereum Platform to accept it for example. However, there are also tradeoffs to having sovereignty as each zone is going to need a way to incentivise others to validate / create blocks on the Zone by running Full Nodes. Whilst it may be easy to create a blockchain using the cosmos SDK and to mint a token, there are the legal costs / regulation associated with creating your own token. How are you going to distribute the tokens? How are you going to list them on exchanges? How are you going to incentivise others to use the token without being classed as a security? All of which have led to a significant reduction in the number of ICOs being done. With every zone needing their own validator set, there’s going to be a huge number of validators required each trying to persuade them to validate their zone with only a finite number of validators available.
Each Zone / App is essentially a mini DAO and not all are going to be comfortable about having their project progress been taken out of their hands and instead relying on the community to best decide on the future (unless they control 2/3 of the tokens). The Cosmos Hub has proved this can be successful, but others may be risk averse to having their application be a mini DAO. Should someone / competitor acquire 1/3 of the tokens of a zone then they could potentially prevent any further progress being made by rejecting all governance votes (this would be very costly to do on the Cosmos Hub due to its high amount staked, but for all the other less secure zones this potentially may be an issue).
Security for some zones will likely be a lot lower with every developer needing to validate their own blockchain and tokenise them with POS with no easy way to validate the setup of a validator to ensure its secure. Whilst the Cosmos hub is very secure with its current value staked, how secure zone’s will be with significantly less staked remains to be seen. Whilst providing soverignty was Cosmos’s main goal from the start, they are also looking at being able to provide shared security by having validators of a connected Hub also validate /create new blocks on the connected zone’s blockchain for them as well. They are still going to need some way to incentivise the validators to this. Another option is if the developers didn’t want to create a token, nor want sovereignty etc, then they could just build a DAPP on the EVM on a zone such as Ethermint.
As can be seen their are potential advantages and disadvantages to each method, but rather than forcing shared security like Ethereum and Polkadot, Cosmos is giving the developer the choice so will be interesting to see which they prefer to go for.

Layers of a blockchain

From an architecture standpoint, each blockchain can be divided into three conceptual layers:
  • Application: Responsible for updating the state given a set of transactions, i.e. processing transactions.
  • Networking: Responsible for the propagation of transactions and consensus-related messages.
  • Consensus: Enables nodes to agree on the current state of the system.
The state machine is the same as the application layer. It defines the state of the application and the state-transition functions. The other layers are responsible for replicating the state machine on all the nodes that connect to the network.
The Cosmos SDK is a generalized framework that simplifies the process of building secure blockchain applications on top of Tendermint BFT. The goal of the Cosmos SDK is to create an ecosystem of modules that allows developers to easily spin up application-specific blockchains without having to code each bit of functionality of their application from scratch. Anyone can create a module for the Cosmos SDK and using ready built modules in your blockchain is as simple as importing them into your application.
The Tendermint BFT engine is connected to the application by a socket protocol called the Application Blockchain Interface (ABCI). This protocol can be wrapped in any programming language, making it possible for developers to choose a language that fits their needs.

https://preview.redd.it/go1bgareiba31.png?width=770&format=png&auto=webp&s=c9a2c9faa9c99dd8c7a7b6925c7ea281e203eb47

Hub and Spoke Topology

Cosmos follows a hub and spoke topology as its not feasible to connect every zone together. If you were to connect every blockchain together the number of connections in the network would grow quadratically with the number of zones. So, if there are 100 zones in the network then that would equal 4950 connections.
Zones are regular heterogenous blockchains and Hubs are blockchains specifically designed to connect Zones together. When a Zone creates an IBC connection with a Hub, it can automatically access (i.e. send to and receive from) every other Zone that is connected to it. As a result, each Zone only needs to establish a limited number of connections with a restricted set of Hubs. Hubs also prevent double spending among Zones. This means that when a Zone receives a token from a Hub, it only needs to trust the origin Zone of this token and each of the Hubs in its path. Hubs do not verify or execute transactions committed on other zones, so it is the responsibility of users to send tokens to zones that they trust.
There will be many Hubs within Cosmos network the first Hub to launch was the Cosmos Hub whose native staking token is called ATOM. ATOM tokens are specific to just the Cosmos Hub which is one hub of many, each with their own token. Transaction fees for the Cosmos Hub will be payable in multiple tokens so not just ATOMs whereas other Hubs such as IRIS has made it so that all transaction fees are paid in IRIS for transactions on its hub.
As mentioned, the Cosmos Hub is one of many hubs in the network and currently has a staking ratio of around 70% with its token ATOM having a market cap of just over $800 million. IRISnet was the second Hub to launch which currently has around 28% bonded with its token IRIS which has a market cap of just under $17 million. The Third Hub about to be launched later this month has its token SENT which has a market cap of around $3.4 million. As you can see the security of these 3 hubs differ wildly and as more and more hubs and then zones are brought online there is going to need to be a lot of tokens / incentivisation for validators.

Ethermint

Standard Cosmos zones / hubs don’t have smart contract functionality and so to enable this, as the Application layer is abstracted from the consensus layer via ABCI API described earlier, it allows Cosmos to port the code over from other blockchains such as Ethereum and use it with the Tendermint Consensus to provide access to the Ethereum Virtual Machine. This is what is called Ethermint.
This allows developers to connect their zones to specialised zones such as Ethermint to build and run smart contracts based on Solidity, whilst benefiting from the faster performance of the tendermint Conensus over the existing POW implementation currently. Whereas a normal Go Ethereum process runs at ~12.5 transactions per second (TPS), Ethermint caps out at 200 TPS. This is a comparison against existing Ethereum speeds, whilst obviously Ethereum are working on their own scaling solutions with Ethereum 2.0 which will likely be ready around the same time. Existing tools / dapps used on ethereum should easily be able to be ported over to Ethermint by the developer if required.
In addition to vertical scaling (with the increase in tps by using Tendermint consensus), it can also have multiple parallel chains running the same application and operated by a common validator set. So if 1 Ethermint zone caps out at 200 TPS then 4 Ethermint zones running in parallel would theoretically cap out at 800 TPS for example.

https://preview.redd.it/oboyonufiba31.png?width=554&format=png&auto=webp&s=18560aa44596fc2357590b54ddb39fd8ee1c8783
There is a huge number of developers / apps currently built on Ethereum, should a developer choose to migrate their DAPP over to Ethermint they would lose native compatibility with those on Ethereum (except through Peg Zone), but would gain compatibility with those running on Ethermint and others in the cosmos ecosystem.
You can find out more about Ethermint here and here
IBC
IBC stands for inter-blockchain communication protocol and is an end-to-end, connection-oriented, stateful protocol for reliable, ordered, authenticated communication between modules on separate distributed ledgers. Ledgers hosting IBC must provide a certain set of functions for consensus transcript verification and cryptographic commitment proof generation, and IBC packet relayers (off-chain processes) are expected to have access to network protocols and physical datalinks as required to read the state of one ledger and submit data to another.
In the IBC architecture, modules are not directly sending messages to each other over networking infrastructure, but rather creating messages to be sent which are then physically relayed via “Relayers”. “Relayers” run off-chain and continuously scan the state of each ledger via a light client connected to each of the 2 chains and can also execute transactions on another ledger when outgoing datagrams have been committed. For correct operation and progress in a connection between two ledgers, IBC requires only that at least one correct and live relayer process exists which can relay between the ledgers. Relays will need to be incentivised to perform this task (the method to which hasn’t been established as of this writing)
The relay process must have access to accounts on both chains with sufficient balance to pay for transaction fees. Relayers may employ application-level methods to recoup these fees, such by including a small payment to themselves in the packet data. More information on Relayers can be found here

https://preview.redd.it/twjzlc8hiba31.png?width=1100&format=png&auto=webp&s=2e546142573b61af031e27dac83ddca675a4b693
A high-level overview of the process is that Zone 1 commits an outbound message on its blockchan about sending say 1 x Token A to Hub1 and puts 1 x Token A in escrow. Consensus is reached in Zone 1, and then it’s passed to the IBC module to create a packet which contains the reference to the committed block, source and destination channel/ connection and timeout details and is added to Zone 1’s outbound queue as proof.
All relayers (who run off-chain) are continuously monitoring the state of Zone 1 via the Zone 1 light client. A Relayer such as Relayer 1 is chosen and submits a proof to Hub1 that Zone 1.
Hub 1 then sends a receipt as proof that it has received the message from Zone 1, relayer1 sends it to Zone 1. Zone 1 then removes it from its outbound queue and sends proof via another receipt to Hub1. Hub1 verifies the proof and mints the token.

https://preview.redd.it/d4dclm3iiba31.png?width=770&format=png&auto=webp&s=9ca521efc8580800067e1c4e3f74c0ab8df30555
This video below explains the process in more detail as well as covers some of the other points i raise later in this article so worth a watch (time stamped from 22:24 to 32:25) and also here from 38:53 to 42:50
https://youtu.be/5h8DXul4lH0?t=1344

Whilst there is an option for UDP style transfer where a zone will send a message to a Hub and it doesn’t care whether it gets there or in any order etc, Token transfers are going to require the TCP style connections in IBC where there is a send, receipt and then another receipt as explained above. Each Send, receipt followed by another receipt is going to take at least 2 blocks and so using Cosmos Hub block times as an example with 6.88 second block times a transfer between one zone and hub could take a minimum of 41.28 seconds. You also then have to factor in the amount of other transactions going through those at that time and relevant gas price to see whether it is able to use 2 consecutive blocks or whether it may take more. This is also explained in this video “ILP Summit 2019 | Cosmos and Interledger | Sunny Aggarwal” (time stamped) from to 12:50 to 15:45

In Part Two we will look at potential issues with multi hop routing, token transfers across multiple routes and Peg Zones, whilst also looking at other interoperability solutions that would resolve some of these issues and compliment the cosmos ecosystem. Part Two can be found here
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Daily analysis of cryptocurrencies 20191027 (Market index 50 — Neutral state)

Daily analysis of cryptocurrencies 20191027 (Market index 50 — Neutral state)

https://preview.redd.it/bgj3hxy1u6v31.png?width=400&format=png&auto=webp&s=d2fbdee5918290e79b62010dabb94148c761439d

Video Lessons Targeting Blockchain Technology Go Live On CCPPD’s Platform Following the news that XI Jinping, Chinese President and General Secretary of the Communist Party of China, addressed the importance of blockchain in making technological breakthroughs at the eighteenth group learning event organized by the Political Bureau of the Central Committee Oct 24, the Xuexi.cn platform led by the Publicity Department of the Central Committee of the Communist Party of China, or CCPPD, announced Oct 26 the launch of the video lessons targeting the blockchain technology. The videos with a total of 25 lessons mainly include the preliminary introduction to the blockchain technology, the consensus agreement, Bitcoin, Ethereum and smart contracts, blockchain performance improvement, blockchain security, the basic knowledge of big data, in-depth analysis of blockchain instances, as well as the concrete programming code examples.
The Bitcoin Financing Case Accepted By Chinese Court For The First Time A loan dispute caused by the Bitcoin pledge has been put on file in Wuchang District People’s Court, Hubei Province (lying in central China). According to the indictment, the defendant pledged Bitcoin to borrow money from the plaintiff to bet on the rise of the king coin. During the Bitcoin decline cycle in 2018, the plaintiff took measures to liquidate the position forcibly, but still suffered some losses. The defendant does not acknowledge the loan relationship, falling to a material breach. Lawyer SUN Jun from Shanghai SHENHAO Law firm indicated that the financial attribute of Bitcoin would be recognized for the first time in China.
For New Cryptography Law, China Took A Big Step In Right Direction, CZ Comments ZHAO Changpeng, also known as CZ, founder of Binance, reposted an article released by CoinDesk and titled “China’s Congress Passes Cryptography Law, Effective Jan. 1, 2020.” Regarding the issue, ZHAO commented, “This is big! The country with the biggest population on Earth, and one of the highest GDP growth in recent years, just took a big step in the right direction. What is your country gonna do? Follow or get left behind?”
Baidu Search Index For Blockchain Up By 894% In Past 7 Days Amid President XI Highlighting Blockchain Citing data by Baidu Search Index, in the past seven days, daily average searches for the word “Bitcoin” were 31,955, which was 108% more than that of the previous year and 60% more than that of the previous week; daily average searches for the word “blockchain” was 42,444, which was 349% more than that of the previous year and 894% more than that of the previous week. As previously reported by CoinNess.com, Chinese President XI Jinping said on Oct 24 that China would put more focus on blockchain development. Note: Data offered by Baidu Search Index shows recent popular topics/trends in China.

Encrypted project calendar(October 27, 2019)

ICON (ICX): 27 October 2019 Money 20/20 USA Event Money 20/20 USA in Las Vegas from October 27–30. Aeternity (AE): and 5 others 27 October 2019 CoinAgenda Conference CoinAgenda conference in Las Vegas from October 26–28. Electroneum (ETN): 27 October 2019 KRON-TV Interview “… You can watch Richard Ells interview with Jane King on KRON-TV in San Francisco, 6:30am October 27th.” Hype Token (HYPE): 27 October 2019 Token Voting Event Voting for HYPE Token’s burning % and daily freezing rewards % for November is now live! Freeze tokens to vote & receive daily rewards.

Encrypted project calendar(October 28, 2019)

LTC/Litecoin: Litecoin (LTC) 2019 Litecoin Summit will be held from October 28th to October 29th in Las Vegas, USA BTC/Bitcoin: Mt.Gox changes the debt compensation plan submission deadline to October 28 ZEC/Zcash: Zcash (ZEC) will activate the Blossom Agreement on October 28th Stellar (XLM): 28 October 2019 Protocol 12 Upgrade Vote Horizon v0.22.0 has been released, which supports Protocol 12. This gives everyone ample time to prepare for the Protocol 12 upgrade vote Celsius (CEL) and 3 others: 28 October 2019 Litecoin Summit “…The Litecoin Summit offers two fun, jam-packed days with something for everyone.” XFOC (XFOC): The IDAX platform will be online XFOC and will open the XFOC/USDT trading pair at 13:00 on October 28. MEDIUM (MDM): The IDAX platform lists MDM and will open MDM/BTC trading pairs on October 28th at 15:00. ZB/ ZB Blockchain: The “2019 Hamburg Intercontinental Dialogue Conference” hosted by ZB.com will be held from October 28th to November 9th at the Four Seasons Hotel Hamburg, Germany. BQT (BQTX): 28 October 2019 Down for Maintenance BQTX.com will be down for maintenance on the 28th of October from 7 to 12am UTC.

Encrypted project calendar(October 29, 2019)

BTC/Bitcoin: The 2nd World Encryption Conference (WCC) will be held in Las Vegas from October 29th to 31st. ICON (ICX): 29 October 2019 Decentralization “As a result, the decentralization schedule of the ICON Network has been changed from September 24, 2019 to October 29, 2019.” Ark (ARK): and 10 others 29 October 2019 WCC 2019 Second annual Blockchain and Cryptocurrency Technology event, World Crypto Conference (WCC), October 29th — October 31, 2019. Insifa (ISF): 29 October 2019 Prototype Alpha “We from Insifa have decided to be more open. Our Prototype will be developed in scrum. This means new releases every two weeks.” Enjin Coin (ENJ): 29 October 2019 EnjinCraft Stress Test “Join us Oct. 29 at 7:00pm GMT for a stress test. Let’s try to break #EnjinCraft!” IOTA (MIOTA): 29 October 2019 IOTSWC Barcelona IOT Solutions World Congress Digitalizing Industries conference in Barcelona from October 29–31.

Encrypted project calendar(October 30, 2019)

MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on October 30th at the University of Southern California in Los Angeles on the topic “How to store data on IOTA Tangle.” TRON (TRX): 30 October 2019 SFBW19 Afterparty “TRON Official SFBW19 Afterparty from 7–10:30 PM in San Francisco.” Horizen (ZEN): 30 October 2019 Horizen Quarterly Update Join our first Quarterly Update on October the 30th at 5 PM UTC/ 1 PM EST. Deeper look into Engineering, BD, Marketing, and more. Aeternity (AE): 30 October 2019 Hardfork “The third hardfork of the æternity Mainnet is scheduled for October 30, 2019.” Valor Token (VALOR): 30 October 2019 Transaction Fees Resume “It’s September and the SMART VALOR Platform is still waiving transaction fees for all members, until October 30th!” Aragon (ANT): 30 October 2019 Singapore Meetup “Aragon on DAOs and DeFi” from 6:30–8:30 PM. Kambria (KAT): 30 October 2019 Outliers Hashed Awards Outliers Hashed awards from October 30–31. Ethereum Classic (ETC): 30 October 2019 Cohort Demo Day “ETC Labs hosts it’s 2nd Cohort Demo Day. Learn about the companies and project being accelerated through the Ethereum Classic ecosystem.”

Encrypted project calendar(October 31, 2019)

Spendcoin (SPND): 31 October 2019 (or earlier) Cross Ledger Mainnet “Cross Ledger Mainnet Release and SPND Token Swap,” during October 2019. Spendcoin (SPND): 31 October 2019 (or earlier) Blkchn University Beta “Blockchain University Beta goes live,” during October 2019. Stellar (XLM): 31 October 2019 (or earlier) Minor Release “We will have 6 Minor Releases in 2019; one each in February, March, May, June, August, and October.” Bitcoin SV (BSV): 31 October 2019 (or earlier) BSV Conference Seoul No additional information. Seele (SEELE): 31 October 2019 (or earlier) Public Network Mainne launch has been moved to Oct 31 . Howdoo (UDOO): 31 October 2019 (or earlier) Howdoo Live on Huawei Howdoo begins its exciting partnership with Huawei with listing as a featured app starting in October. Chiliz (CHZ): 31 October 2019 (or earlier) App Soft Launch Soft launch of Socios App by end of October. Dent (DENT): 31 October 2019 (or earlier) Loyalty Program “Afterburner loyalty program launch for all 21,6 Million mobile #DENT users will be in October!” IceChain (ICHX): 31 October 2019 (or earlier) Wallet Release IceChain releases wallet during October. Chiliz (CHZ): 31 October 2019 (or earlier) New Partnerships New sports and new teams joining Socios (+more updates and events) will be announced in the upcoming weeks. Horizen (ZEN): 31 October 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA. PCHAIN (PI): 31 October 2019 (or earlier) New Website No additional information. IOST (IOST): 31 October 2019 (or earlier) New Game on IOST “Eternal Fafnir, a new role-playing game developed by INFUN is coming to you in Oct.” Achain (ACT): 31 October 2019 Mainnet 2.0 Launch “… The main network is officially scheduled to launch on October 31.” Mithril (MITH):31 October 2019 Burn “MITH burn will take place on 2019/10/31 2pm UTC+8. “ Aergo (AERGO): 31 October 2019 (or earlier) Aergo Lite V1.0 Release AergoLite, which brings blockchain compatibility to billions of devices using SQLite, released during October 2019. TE-FOOD (TFD): 31 October 2019 (or earlier) Complementary Product “Development of a new, complementary product with a new partner, which we hope to be launched in September-October.” Edge (DADI): 31 October 2019 (or earlier) Full Open Source Code base for the network fully open-sourced in September or October. BlockStamp (BST): 31 October 2019 (or earlier) ASIC Miner Prototype In orderr to ensure BlockStamps continued decentralization, we will release a BST ASIC miner for testing. Perlin (PERL): 31 October 2019 (or earlier) SSA Partnership “Perlin has partnered with the Singapore Shipping Association to create the International E-Registry of Ships (IERS)” Skrumble Network (SKM): 31 October 2019 (or earlier) Exchange Release “3rd dApp: Exchange Release,” during October 2019. EDC Blockchain (EDC): 31 October 2019 (or earlier) Blockchain Marketplace “As you already know, our ECRO blockchain marketplace is ready for release, and will open to the global community in October!” BlockStamp (BST): 31 October 2019 (or earlier) ASIC Miner Prototype In orderr to ensure BlockStamps continued decentralization, we will release a BST ASIC miner for testing. XinFin Network (XDCE): 31 October 2019 Homebloc Webinar “XinFin — Homebloc Webinar 2019” from 9–10 PM. Akropolis (AKRO): 31 October 2019 (or earlier) Alpha Release “Delivers the initial mainnet implementation of protocol. All building blocks will be united to one product.” Hyperion (HYN): 31 October 2019 (or earlier) Economic Model The final version of the HYN Economic Model launches in October.

Encrypted project calendar(November 1, 2019)

INS/Insolar: The Insolar (INS) Insolar wallet and the redesigned Insolar Block Explorer will be operational on November 1, 2019. VeChain (VET):”01 November 2019 BUIDLer Reunion Party BUIDLer Reunion Party in San Francisco from 8–11 PM. uPlexa (UPX): 01 November 2019 Steadfast Storm — PoS/PoW split (Utility nodes ie. master nodes) — Upcoming Anonymity Network much like TOR — Privacy-based DApps — Reduced network fees. Enjin Coin (ENJ): 01 November 2019 MFT Binding “ICYMI: On Enjin Coin’s 2nd anniversary (November 1), Enjin MFTs will be bound to hodlers’ blockchain addresses…” Auxilium (AUX):01 November 2019 AUX Interest Distribution Monthly interest distribution by Auxilium Interest Distribution Platform for coinholders. Also supports charity. Havy (HAVY):01 November 2019 Token Buyback “Havy tokens buyback, Only in 1 exchange between Idex, Mercatox & Hotbit. The exchange depends on the most lower sell wall.” Egretia (EGT): 01 November 2019 Global DApp Contest SF 2019 Egretia Global DApp Contest in San Francisco.

Encrypted project calendar(November 2, 2019)

Kambria (KAT): 02 November 2019 VietAI Summit 2019 Kambria joins forces with VietAI for the annual VietAI Summit, with top experts from Google Brain, NVIDIA, Kambria, VietAI, and more!

Encrypted project calendar(November 4, 2019)

Stellar (XLM): 04 November 2019 Stellar Meridian Conf. Stellar Meridian conference from Nov 4–5 in Mexico City. Cappasity (CAPP): 04 November 2019 Lisbon Web Summit Lisbon Web Summit in Lisbon, Portugal from November 4–7.

Encrypted project calendar(November 5, 2019)

Nexus (NXS): 05 November 2019 Tritium Official Release “Remember, Remember the 5th of November, the day Tritium changed Distributed Ledger. Yes, this is an official release date.” NEM (XEM): 05 November 2019 Innovation Forum — Kyiv NEM Foundation Council Member Anton Bosenko will be speaking in the upcoming International Innovation Forum in Kyiv on November 5, 2019. TomoChain (TOMO): 05 November 2019 TomoX Testnet “Mark your calendar as TomoX testnet will be live on Tuesday, Nov 5th!” aelf (ELF): 05 November 2019 Bug Bounty Program Ends On Oct 24th, 2019 aelf’s biggest bug bounty will launch with a large reward pool. The event will run for almost 2 weeks.

Encrypted project calendar(November 6, 2019)

STEEM/Steem: The Steem (STEEM) SteemFest 4 conference will be held in Bangkok from November 6th to 10th. KIM/Kimcoin: Kimcoin (KIM) Bitfinex will be online at KIM on November 6, 2019 at 12:00 (UTC).

Encrypted project calendar(November 7, 2019)

XRP (XRP): 07 November 2019 Swell 2019 Ripple hosts Swell from November 7th — 8th in Singapore. BTC/Bitcoin: Malta The A.I. and Blockchain summit will be held in Malta from November 7th to 8th.

Encrypted project calendar(November 8, 2019)

BTC/Bitcoin: The 2nd Global Digital Mining Summit will be held in Frankfurt, Germany from October 8th to 10th. IOTX/IoTeX: IoTex (IOTX) will participate in the CES Expo on November 08

Encrypted project calendar(November 9, 2019)

CENNZ/Centrality: Centrality (CENNZ) will meet in InsurTechNZ Connect — Insurance and Blockchain on October 9th in Auckland. HTMLCOIN (HTML): 09 November 2019 (or earlier) Mandatory Wallet Update Mandatory Wallet Update: there will be a soft fork on our blockchain. This update adds header signature verification on block 997,655.

Encrypted project calendar(November 11, 2019)

PAX/Paxos Standard: Paxos Standard (PAX) 2019 Singapore Financial Technology Festival will be held from November 11th to 15th, and Paxos Standard will attend the conference. Crypto.com Coin (CRO): and 3 others 11 November 2019 Capital Warm-up Party Capital Warm-up Party in Singapore. GoldCoin (GLC): 11 November 2019 Reverse Bitcoin Hardfork The GoldCoin (GLC) Team will be “Reverse Hard Forking” the Bitcoin (BTC) Blockchain…”

Encrypted project calendar(November 12, 2019)

BTC/Bitcoin: The CoinMarketCap Global Conference will be held at the Victoria Theatre in Singapore from November 12th to 13th Binance Coin (BNB) and 7 others: 12 November 2019 CMC Global Conference “The first-ever CoinMarketCap large-scale event: A one-of-a-kind blockchain / crypto experience like you’ve never experienced before.”

Encrypted project calendar(November 13, 2019)

Fetch.ai (FET): 13 November 2019 Cambridge Meetup “Join us for a @Fetch_ai #Cambridge #meetup on 13 November @pantonarms1.” Binance Coin (BNB) and 5 others: 13 November 2019 Blockchain Expo N.A. “It will bring together key industries from across the globe for two days of top-level content and discussion across 5 co-located events…” OKB (OKB): 13 November 2019 Dnipro, Ukraine- Talks Join us in Dnipro as we journey through Ukraine for our OKEx Cryptour on 11 Nov. Centrality (CENNZ): 13 November 2019 AMA Meetup “Ask our CEO @aaronmcdnz anything in person! Join the AMA meetup on 13 November in Singapore.” OKB (OKB): 13 November 2019 OKEx Cryptotour Dnipro “OKEx Cryptour Ukraine 2019 — Dnipro” in Dnipro from 6–9 PM (EET).

Encrypted project calendar(November 14, 2019)

BTC/Bitcoin: The 2019 BlockShow Asia Summit will be held at Marina Bay Sands, Singapore from November 14th to 15th.

In the past two days, there were heavy swing moves in BTC from the $7,500 support against the US Dollar. The BTC/USD pair rallied more than 20% and broke many hurdles near $8,500 and $9,000.
Moreover, there was a close above the $8,500 resistance area and the 100 simple moving average (4-hours). Finally, the price rallied above the $10,000 resistance and traded close to the $10,600 resistance area.
However, the bulls failed to remain in control and a top was formed near $10,591. Later, there was a strong downside correction below the $10,000 level. The price traded below the 23.6% Fib retracement level of the rally from the $7,425 swing low to $10,591 high.
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The best crypto and blockchain podcasts of 2019

For anyone who it interested in learning more about investing, crypto, finance, blockchain, and entrepreneurship can checkout this list I made of the top podcasts to follow in 2019 with some selected episodes chosen from each one:

Off The Chain With Anthony Pompliano
Host Anthony Pompliano talks to some of the most respected names in crypto and Wall Street to find out how intelligent investors from the new and old financial system are thinking about digital assets.
Top Episodes:
CZ, Founder and CEO of Binance: Binance and the Future of Global Crypto Regulation
Murad Mahmudov: The Ultimate Bitcoin Argument
Travis Kling: The Secrets of A Crypto Trader

Unchained: Your No-Hype Resource for All Things Crypto
This weekly, hour-long podcast with host Laura Shin dives deep into the people building the decentralized internet, the details of this technology that could underpin our future, and some of the thorniest topics in crypto, such as regulation, security and privacy.
Top Episodes:
Vitalik Buterin, Creator of Ethereum, On The Big Guy vs. The Little Guy
Naval Ravikant On How Crypto Is Squeezing VCs, Hindering Regulators, and Bringing Users Choice
Blockchain 101 with Andreas Antonoloulos

What Grinds My Gears
From Meltem Demirors and Jill Carlson, What Grinds My Gears is a podcast about the bizarre and buzzworthy happenings in the world of cryptocurrency. Each week, they delve into one key theme in crypto, and examine this theme through a broader financial, political, and cultural lens to learn from the past, understand the present, and explore the future.
Top Episodes:
An Unfetted Orgy Of Capitalism
It’s All About The DEX, Baby!
Tarred & Tethered

What Bitcoin Did
Since the birth of Bitcoin in 2009, a new class of Crypto assets built using the innovative design of the blockchain is disrupting technology and financial markets. In this podcast you will hear host Peter McCormack speak with crypto traders, miners, venture capitalist, investors, technical developers, CEOs, journalist and other people driving forward the growth of Bitcoin and other cryptocurrencies.
Link To Listen
Top Episodes:
Andreas Antonopoulos: What Happens When Bitcoin Takes Over?
Peter Van Valkenburg on Lightning & The Law
Tuur Demeester on Why Bitcoin Is In Heavy Accumulation

Untold Stories with Charlie Shrem
Host Charlie Shrem dives deep into the lives and personal histories of some of crypto’s most influential leaders. A focus on personal stories weaves together a nuanced, untold narrative of how the crypto movement truly came to be.
Top Episodes:
J. Maurice “Wiz” — The Real Story of Mt. Gox & How to Become a Self-Sovereign Bitcoin Miner
Arianna Simpson — Why Founders Shouldn’t Think About an Exit & Becoming BitGo’s 3rd Employee
Steven Nerayoff — Crypto as a Disruptive Technology & Governments Debasing Their Own Currencies

Tales From The Crypt
Tales from the Crypt is a podcast hosted by Marty Bent about Bitcoin. Join Marty, Editor in Chief of “the best newsletter in crypto”, as he sits down to discuss Bitcoin with interesting people.
Top Episodes:
Tales from the Crypt: Pierre Rochard Pt. I
Tales from the Crypt #3: Santiago Siri
Tales from the Crypt Ep1: The History of Bitcoin Pt. 1

The Token Daily with Soona Amhaz
Host soona amhaz sits down with the movers and shakers of the crypto industry to discuss the big ideas they spend their days thinking about. Soona and her guests examine everything from industry trends, to what books they’re reading, to human psychology and investing.
Top Episodes:
Taylor Pearson, Author of The End of Jobs: Markets Are Eating the World
Dani Grant, Analyst at Union Square Ventures: The VC Outlook on Crypto’s Trends and Future
Tony Sheng, Independent Analyst: A Writer’s Take on Bitcoin Lore

The Flippening
Flippening is for cryptocurrency investors. Each week host Clay Collins discusses the cryptocurrency economy, new investment strategies for maximizing returns, and stories from the front lines of financial disruption. Flippening is for a new class of investors that were not part of the financial services world before bitcoin, but got into the finance because of their passion for cryptoassets, blockchain, altcoins, and distributed ledger technology.
Top Episodes:
Strategies for Accumulating BTC (Instead of USD) w/ Tuur Demeester from Adamant Capital
The Economics of Cryptoasset Markets w/ Professor Stephen McKeon
Bootstrapping A Crypto Nation State From Scratch, w/ Eric Meltzer of INBlockchain

The Chain Reaction Podcast
Host Tom Shaughnessy of Delphi Digital converses with the top names in crypto and blockchain.
Top Episodes:
ConsenSys’ Joe Lubin: Ethereum’s Competition Isn’t Even Close
Delphi Digital’s March Analyst Call — Ethereum, Enjin and Our Short Term Bitcoin Outlook
Vision Hill Group’s Scott Army: Digital Asset Management of the Future

a16z Podcast
The a16z Podcast discusses tech and culture trends, news, and the future — especially as ‘software eats the world’. It features industry experts, business leaders, and other interesting thinkers and voices from around the world. This podcast is produced by Andreessen Horowitz (aka “a16z”), a Silicon Valley-based venture capital firm.
Top Episodes:
What Time Is It? From Technical to Product to Sales CEO
Principles and Algorithms for Work and Life
Five Open Problems Toward Building a Blockchain Computer

Unconfirmed: Insights and Analysis From the Top Minds in Crypto
Events in crypto take place at warp speed. This weekly crypto podcast reveals how the marquee names in crypto are reacting to the week’s top headlines. With host Laura Shin, the guests also discuss what they’re thinking about these days and reveal what they believe is on the horizon in crypto. Disclosure: Laura is a nocoiner.
Top Episodes:
To the Moon and Back With Polychain’s Olaf Carlson-Wee
Don Wilson of DRW Holdings on What’s Been Driving 2018’s Crypto Downturn
Hu Liang of Omniex on What Institutional Players Are Planning to Do in Crypto

The Unhashed Podcast
Unhashed breaks down the latest in Bitcoin news and developments and puts them into terms everyone can understand. Expect to be both entertained and educated about cryptocurrencies and blockchain. How do hardware wallets work and do they really keep you safe? Which crypto exchanges pose the greatest risk to the bitcoin ecosystem? Does Litecoin help or hinder bitcoin development? Expect the answers to these and many other questions from the Unhashed professionals offering different perspectives to all the blockchain issues you care about!
Top Episodes:
The Very Rich, Very Patient Binance Hacker
Bitcoin Goes High Fidelity
Initiating Unhash

The Scoop
The Block’s team, led by Frank Chaparro, draw out the freshest and deepest insights about digital assets from traditional Wall Street, crypto native, Fortune 500 and many other crypto ecosystem leaders. It’s light, fun and informative brain food!
Top Episodes:
A Conversation with Mark Yusko, CEO and CIO of Morgan Creek Capital Management
A Conversation with Stephen Palley, Partner at Anderson Kill
A Conversation with Emilie Choi, VP Business and Data, Coinbase

Base Layer
Base Layer with host David Nage will be providing insights from founders and investors in the base layer of cryptoassets. Simplifying complex projects and the technology being developed, from interoperability to relayers and more — who is building the future, why are they and how are they doing it.
Top Episodes:
Base Layer Episode 028 — Zaki Manian (SkuChain, Cosmos, Tendermint)
Base Layer Episode 026 — Diogo Monica (Co — Founder, Anchorage)
Base Layer Episode 032 — Alexander Skidanov (NEAR)

Blockchain Innovation: Interviewing The Brightest Minds In Blockchain
Blockchain Innovation is where host Frederick Munawa interviews the brightest minds in Blockchain and cryptocurrency — entrepreneurs, executives, and top academics — to discuss present and future applications of Blockchain Technology. Why? To determine how Blockchain can be used to increase profits, cut costs, and disrupt traditional industries and business models — so you can borrow their strategies, tools, and tactics for your own success. Join Frederick every Tuesday to learn how the brightest minds in Blockchain are pushing the envelope with Initial Coin Offerings (ICOs) and token sales, public blockchains, private blockchains, Bitcoin, Ethereum, Hyperledger, smart contracts, and much more.
Top Episodes:
Why Bitcoin Should Hard Fork With Roger Ver
How Blockchain Assets Are Changing The World With Erik Voorhees
Blockchain Meets Artificial Intelligence with Dr. Ben Goertzel

Blockchain Insider
Blockchain Insider, hosted by Simon Taylor and Colin Platt is a dedicated podcast specializing in Bitcoin, Blockchain and distributed ledger technology (DLT). Simon and Colin break down the week’s news with expertise and enthusiasm for the blockchain and digital currency sector. Since the price of Bitcoin has rocketed, and Bitcoin, Ethereum and Litecoin have become household names, Blockchain Insider has charted their rise in a way that’s accessible to new listeners.
Top Episodes:
Ep. 42. Santander Makes Ripples and Charles Hoskinson Shares His Vision of Cardano
Ep. 27. XRP’s Ripple effect and Blockchain use cases
Ep. 43. Sexism in Crypto, Pornhub takes Verge, and Binance Denies the Dollar

Let’s Talk Crypto
Have you ever heard of digital currencies like bitcoin, ethereum, and buzzwords like blockchain, cryptocurrencies and mining? Don’t know what it all means or how to get started? Let’s Talk Crypto with Barry Moore and Tom Galeski breaks it all down in easy to understand terms and helps you “learn and earn” in the age of cryptocurrencies.
Top Episodes:
006: Altcoins
017: Fiat & Crypto
010: Proof of Work vs. Proof of Stake

Blockchain 2025
Blockchain is a technology that will disrupt nearly every industry. Host Matt Aaron and Blake Moore explore one industry in every episode. How will blockchain change art, music, or online advertising? What projects are already underway? Listen & find out.
Top Episodes:
Online Ads — Publishers and Advertisers vs. Centralized Platforms
Music Biz — Can Artists Have More Money + Freedom?
Crypto Debit Cards — A Bridge to the Future? TenX, Monaco, Comit

IBM Blockchain Pulse
Host and blockchain-evangelist Matt Hooper engages with the planet’s most dynamic blockchain thought-leaders, explorers and innovators to discover the countless new ways blockchain is leaping from theory to reality: From entertainment to identity, from payments to secure supply-chain transparency.
Top Episodes:
Making Cross-Border Payments Seamless — IBM Blockchain and Stellar’s Collaboration That is Bringing Commercial Payments to the Financial World
A Blockchain Origin Story and Enabling Complete Ownership With Blockchain
The Future of Protecting Your Wallet and Identity: Blockchain Identity and Digital Credentials, with Adam Gunther and Drummond Reed

Messari’s Unqualified Opinions
Unqualified Opinions is a podcast hosted by Messari’s CEO Ryan Selkis featuring candid, fast-paced interviews with crypto’s top builders and investors.
Top Episodes:
Bill Barhydt, CEO & Founder of Abra
Anthony Pompliano, Founder at Morgan Creek Digital
Unlock Protocol CEO Julien Genestoux
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5 most promising Altcoins for long-term investments | Coinscapture

5 most promising Altcoins for long-term investments | Coinscapture

After the success of Bitcoin and the rise in the price of the first-ever cryptocurrency, many new coins were developed in cryptoworld. In simple words, any coin other than bitcoin is termed as “Altcoins”. These coins are created by tweaking the Bitcoin's or any other existing cryptocurrencies protocol. In the growing world of cryptocurrency, there are more than 3000 cryptocurrencies which came into existence and so it is a tough job to choose the right Altcoin to invest in it. Here are the 5 most promising Altcoins that can help you to narrow your search.
Disclaimer: This guide should not be considered as financial advice. It is highly recommended to do appropriate market research before any investments.

Litecoin

After the successful launch of Bitcoin, Litecoin was the next one to enter the Cryptoworld in 2011. Charlie Lee - a computer scientist created Litecoin by making some technical changes in the bitcoin’s source-code and made it the fastest peer-to-peer currency that enabled instant, near-zero cost payments to anyone across the world. Also, litecoin has a total supply of 84 million with an average block mining time of 2.5 minutes.

Reasons why to choose Litecoin as a Long-Term Investment

  • Improved: Litecoin algorithm is generally easier to mine but difficult to crack The bitcoin mining is highly processed intensive requiring, application-specific integrated circuit devices with high processing capabilities, while Litecoin mining is memory-intensive requiring less cost-intensive graphics processing units (GPU).
  • Faster block-processing rate: The technical changes done on Bitcoin’s source-code allows Litecoin to processes a block at a much faster rate and giving out rewards to the miner faster in every 2.5 minutes as compared to Bitcoin which processes a block in every 10 minutes. Litecoin network have more capacity to handle the transactions than bitcoin's network
  • SegWit upgrade: Litecoin's SegWit upgrade boost the capacity of the number of transactions a block can hold in litecoin's blockchain, thereby speeding up the transaction settlement times and lowering transaction costs.
  • Higher trading volume: The trading of Litecoin has begun since 2011 and since then it was in the top 10 list of coins. The popularity of Litecoins is so much that you won't face any problem selling them in the future which brings less fear of having risk as compared to other new coins.

Ethereum

Ethereum is the second-largest digital currency introduces Vitalik Buterin in late 2015. It has been a popular choice in many industries as its cool feature named Smart Contracts helps developers to build decentralized applications (dApps) on top of its (i.e. Ethereum's) blockchain which helps to avoid fraud, downtime, and control or interference from a third party. Ethereum can also be used for banking and financial service contracts, ICOS, prediction markets, replacing escrow, identity management. The Enterprise Ethereum Alliance founded in 2017 has over 200 organizations that are testing on various versions of Ethereum's blockchain in different industries. Ethereum has a circulating supply of 106,376,346 ETH, the market capitalization of $26,307, 580,992 and faster transaction of 6 minutes as compared to Bitcoin.

Reasons why to choose Ethereum as a Long-Term Investment

  • Multi-purpose usage- Other than trading Ethereum can be used for ICOs, prediction markets, building tokens and many more ways that very few cryptocurrencies can do as good as Ethereum.
  • Safety: The apps built on Ethereum’s blockchain termed as dApps or decentralized apps are significantly safer and more resistant to hacking than the software you use now.
  • Smart contracts: The smart contract feature offers significant business benefits over more traditional conventional forms of cloud computing and transaction-clearing.
  • Initial Coin Offerings: Ethereum is used ICOs (Initial Coin Offerings) that means it acts as a launchpad for new tokens which thereby makes it a valuable platform and price will increase with its use.

Ripple

Ripple is the hot choice in banking and financial institutions as it can be used as an intermediary for quick transaction-processing and settlement service; allowing to transact directly and instantly across national borders. XRP currently has a fast transaction processing time of about 4 seconds and a cheap transaction fee about $0.004 per transaction (which is less than half a cent). It has a circulating supply of 42,181,995,112 and a market capitalization of around 17 billion USD.

Reasons why to choose Ripple as a Long-Term Investment

  • Well distributed: Ripple is an open-source technology, built on the principles of blockchain with an increasing set of validators.
  • Highly Scalable: XRP has the potential to handle 1,500 transactions per second, 24x7, and can scale to deal with a similar throughput as Visa.
  • Highly Stable: The most stable record of Ripple makes it ready for institutional and enterprise use.
  • Global Bank partners: Ripple has partnered with over 100 banks like Bank of America, UBS, Standard Chartered, Barclays, JP Morgan, Santander, and American Express.

Stellar

Stellar offers the fastest and the cheapest online payment and cross-border payment services as compared to the other large companies. Also, it does not use proof of work verification which is time and energy consuming which allows processing a transaction in approx 5 seconds. It has a market capitalization of $2,378,213,121 and a circulating supply of 19.331,689,641.

Reasons why to choose Stellar as a Long-Term Investment

  • Low-cost transactions: Stellar’s payment protocol prioritizes profit, the low transaction time and high operational efficiency translates to a lower cost of transactions.
  • Currency exchanger: Stellar’s platform also acts as a currency exchanger between government-backed currencies, such as dollars to euros.
  • Creating tokens: Launching a token on the Stellar platform is super easy because of the simple programming.
  • Tech elements: Stellar can integrate with elements such as blockchain smart contracts, and multi signatures that enhances the functionality of the payment protocol

Binance Coin

Binance coin is the official coin of the Binance platform that offers a stage for trading cryptocurrencies. Binance is soon launching its own decentralized exchange, Binance DEX that would be available on all platforms, such as Windows, Linux, Mac OS, iOS and Android. BNB has a market capitalization of 4 billion USD and a circulating supply of 141,175,490.

Reasons why to choose Binance Coin a Long-Term Investment

  • Discounts: BNB can be used not only to pay сommissions for transactions on the exchange and also to get additional discounts for each purchase and exchange via Binance
  • Team: BNB has a great team that is ambitious and experienced in the cryptocurrency world
  • Referrals: BNB coin offers a smart referral scheme which attracts many users and thereby grows the platform’s adoption
  • Loyalty: BNB coin is the only cryptocurrency that rewards customers for their loyalty and creating a fair ecosystem within Binance
    https://coinscapture.com/blog/5-most-promising-altcoins-for-long-term-investments
submitted by coinscapturecom to u/coinscapturecom [link] [comments]

CSW: I am Satoshi Nakamoto. I created Bitcoin - [BitKan 1v1] Craig Wright vs Jiangzhuoer

CSW: I am Satoshi Nakamoto. I created Bitcoin - [BitKan 1v1] Craig Wright vs Jiangzhuoer
bitkan.pro aggregates all trading depth of Binance Huobi and OKEx. or Try our APP!
https://preview.redd.it/1iwfewe5p8d31.png?width=1058&format=png&auto=webp&s=382657331bde565effe91030e2d55871cc423b67

Question 1: Both the BCH and BSV communities think that they are the true, original bitcoin from Nakamoto. What do you think was the original idea from Nakamoto?
CSW:My original idea is defined in white paper for no limits. And I also described this in the P2P Foundation. It is a distributed system. Users use it to connect to each other, and the miners, to stop double Spending.
I explain this further late in 2010, I basically said that the network expands to have a number of nodes that become large data center type operations, because it's not about running nodes. People who run nodes are foolish unless that making money, that's it. When I created Bitcoin, it is a overlay network of the peer-to-peer network, the top of peer-to-peer network. We did peer-to-peer.
Peer-to-peer means not what you send to the network, and then another user gets it by the network. That is outside the definition of peer to peer. That is a typical centralized mesh. Why Bitcoin works is that user Alice sends to user Bob,Bob received the transaction. So Bob wrote that he received it. He sent it to the network. IP to IP was one of the fundamental parts of Bitcoin that was removed by core right after I left, basically, I fix Bitcoin and I had the lay out in the first place.
There's no question that what happened, and whatever else and what version of things Nakamoto wanted, because I am Satoshi Nakamoto. I created Bitcoin. Very soon, people will notice that. If you don't like it, I don't care.

Question 2. As the main witnesses of BTC to BCH fork, what do you think was the main reason for the fork at that point of time? Now what do you think about the fork at the time? Have you ever changed your mind?
CSW: There was a BCH fork away from Bitcoin, BTC added a number of things to make cryptocurrency more anonymous, which makes it illegal, which means the government can shut it down. Don’t ever believe the government can’t stop bitcoin. Government, the US government and Chinese government could stop bitcoin in a heartbeat. They are going to follow international law to shut down. The Liberty Reserve closed down involved 42 countries working together. It involved basically a distributive system of 10,000 different operations. Not Raspberry pie nodes because it is only 15 real BTC nodes, operators to ran money system. We can't work to unable governments to see machines.
If the criminal use of bitcoin is to become anonymous that government can seize machines, can arrest people, can torture by law. The American government can enforce orders in China. So BTC wanted to make something that was not bitcoin. It wanted to change bitcoin further. So BTC split away from bitcoin. That's the fork. Bitcoin didn't change. I make sure we kept going.
Jihan and Bitmain. I would like to have a talk about what we are planning, and the mining, we are building. Jihan and Bitmain, took the information to go into confidence and make sure that there was a fork. So this fork happened because Jihan and Bitmain are basically a bunch of lying stuff, and that would be found out later.
The second fork was only last year. That was with BCH. Just to keep it simple. Bitcoin vary again.
There’s no system of bitcoin is out to try to make it illegal, to make it criminal, to make it anonymous. Roger Ver, who helps from things like Silk Road and Charlie's friend money laundering operation, which Charlie's friend went to jail for. Other people like them that invested a lot of the dark websites, which all under investigation at the moment, which will be founded to watch in the next several years.
People like Roger and even Jihan, wanted to use bitcoin to take the illegal money and transfer, they want it to be a dark web system. So they added extra objects to change the bitcoin further. They try to allow it to be more anonymous in a different way. So the simple thing is, there is bitcoin as I created, and there is bitcoin designed to be illegal and then it forks.

Question 3. Finally, can we invite Dr. Craig and Mr. Jiang to talk about each other's technology l and vision? What is the most worthwhile point to learn?
CSW:Sorry, I don’t look at those broken versions of bitcoin. I have no interest in learning about how people don’t want to understand bitcoin, how about you want to see the value and how they want to create the system or see these cryptocurrencies in the 90s. If people want to do that, that’s all their choice, but I am not interested in watching them go down in flames. Thank you.

Jiang asked CSW: You have ever wondered why there isn't a 0 in Base58 encodings. (Satoshi, the creator of Base58 explicitly took out 0 and O to avoid confusion). Why didn't you even know the Base58 encoding if you are Satoshi?
https://www.reddit.com/btc/comments/9apx40/professor_technobabble_wondering_why_there_isnt_a/
CSW: He's supposedly trying to mislead the audience by making out the checksum to pass off the transaction. He is basically trying to lie to the people and the audience, making them seen that I don’t understand bitcoin. If you look at why it works, the address was not part of the bitcoin. Bitcoin is a wallet, exchange peer-to-peer with the template.
Basically, why does this work is that you have is a transaction that has a checksum to send between wallets. That checksum is a relevant. It never goes into the bitcoin network. The checksum is added only to ensure the transaction to the network while a wallet is correct. The original version of bitcoin didn’t eventually work that way. So what he is trying to mislead you is to say is what I don’t understand checksum etc., which is the lie propagate by people like Bitmain, where insists what it is you do a checksum of the code and then you hand it up.
And the third part of this is very simply put. Without the checksum, the transaction sends to the network properly. The checksum is purely a wallet function, so you can add any checksum function and Wormhole would allow this work. Wormhole was an attempt to make an illegal system. Wormhole is another of these things because Jihan and the others wanted to take money out of China. They work with people to do money laundering, so the value that they see of bitcoin is to help money laundering. So they want to try and lie to people and make it that I don’t understand this technology, because they want to keep their money laundering scam going. So if you actually look at my posts, you will see that I've already explained the checksum in details. If you look at the work bitcoin transaction, you will see there has no transaction checksum. No one wants you to look at that because they want you to stay stupid and ignorant, because spending money out of you requires that you are dumb.

Digest from [BitKan 1v1] debate.
bitkan.pro aggregates all trading depth of Binance Huobi and OKEx. or Try our APP!
submitted by BitKan to btc [link] [comments]

Subreddit Stats: Buttcoin top posts from 2014-02-28 to 2019-01-15 01:31 PDT

Period: 1781.72 days
Submissions Comments
Total 1000 66504
Rate (per day) 0.56 37.31
Unique Redditors 546 7216
Combined Score 190256 613696

Top Submitters' Top Submissions

  1. 4165 points, 23 submissions: Tomatoshi
    1. Cryptocurrency Euthanasia Coaster (489 points, 127 comments)
    2. Mark Karpeles states Bitcoin has failed and is useless. (273 points, 95 comments)
    3. Vergin comedy gold leaks ahead of announcement (241 points, 159 comments)
    4. Incredibly "organic" pump minutes before Tether prints $300 million (237 points, 82 comments)
    5. In today's Creepto News : McAfee's Underground King of ICO analysts apparently a pedo (230 points, 99 comments)
    6. Dying Butter attempts to dox imaginary assassin. Gives him an imaginary name and non-existent address. (215 points, 70 comments)
    7. Back under 8K. Shall I get rid of my fiat? (210 points, 86 comments)
    8. President Maduro's computer hacked. Exit scam image discovered. (205 points, 12 comments)
    9. Come all ye faithful and get rekt margin trading (185 points, 59 comments)
    10. Lightning Network upgraded - super efficient diagram of super efficient payment channels running on top of super efficient blockchain (183 points, 73 comments)
  2. 2691 points, 10 submissions: Orbalisks
    1. Debating Bitcoin (747 points, 114 comments)
    2. 1 Bitcoin transaction uses over four times as much energy as 100,000 VISA transactions (492 points, 150 comments)
    3. Remember that model that the Bitcoin crowd constantly mocked? Turns out it was pretty much spot on... (346 points, 90 comments)
    4. MRW I see butters describing how they lost 40% on Verge so they went all in on Tron but lost another 30% so they went back to Bitcoin but are down 25% (216 points, 38 comments)
    5. The Parable of the Bagholder (201 points, 14 comments)
    6. Then they came for me (161 points, 18 comments)
    7. First. Global. Currency. (148 points, 55 comments)
    8. Verge creator desperately (and unsuccessfully) trying to cash out into USD on Coinbase; notes that "taxes are due"--an observation that conspicuously coincides with Verge's enigmatic crowdfunding campaign (143 points, 34 comments)
    9. Butter shares comical chart suggesting that Bitcoin is destined for 100% adoption, despite the fact that the chart both misrepresents how long Bitcoin has been around for and already shows that it is not being adopted as quickly as other technologies (120 points, 76 comments)
    10. First you pump, then you dump (117 points, 25 comments)
  3. 2556 points, 15 submissions: dgerard
    1. The OKEx margin trading disaster — how crypto margin trading goes wrong, and how the eye-watering margin leverage on crypto exchanges works in practice (306 points, 212 comments)
    2. "Attack of the 50 Foot Blockchain" is OUT NOW! (284 points, 98 comments)
    3. Reuters on OTC markets: "Less romantically, traders sometimes say 'butt' to mean bitcoin." we did it lads, be proud (268 points, 17 comments)
    4. How does Brave's "Basic Attention Token" work? By blatant fraud, of course! Twitter thread from one creator whose name and photo Brave is misusing (192 points, 173 comments)
    5. bullish on USD. it is clear USD is increasingly popular with past hodlers of the deprecated bit-Coin. USD has gone up hugely in just the past day against the b.t.C!! in the future it is posible with enough imagination that the US economy could run on USD ! in conclusion you should get into currency (186 points, 26 comments)
    6. Twitter thread of Bitcoin price predictions (164 points, 30 comments)
    7. "Kodak board members conveniently grant themselves shares the day before the announcement, a stock promoter with a checkered past is engaged for PR, and a group of German copyright trolls reinvent themselves as blockchain-enabled image platform managers." A scathing hedge-fund report on KodakCoin. (157 points, 44 comments)
    8. MERL Tech: Blockchain for International Development. "We documented 43 blockchain use-cases ... no documentation or evidence of the results blockchain was purported to have achieved in these claims ... Not one was willing to share data on program results." (143 points, 44 comments)
    9. Bitcoin’s stupendous power waste is green, apparently — bad excuses for Proof-of-Work [by me] (133 points, 112 comments)
    10. Bitcoin continues to be awesome for renewable energy! - "Bitcoin backlash as ‘miners’ suck up electricity, stress power grids in Central Washington" (130 points, 39 comments)
  4. 2541 points, 10 submissions: borderpatrol
    1. Buttcoin Foundation ROCKED as founder exposed to be PAID SHILL for Butterfly Labs (1269 points, 553 comments)
    2. Stop with the political and racist garbage (177 points, 119 comments)
    3. To the person who reports every single chart posted in this sub as "not a fucking log chart" (167 points, 40 comments)
    4. WE DID IT REDDIT! (166 points, 55 comments)
    5. Someone finally said "Buttcoin". And it's William Shatner (156 points, 39 comments)
    6. My new Bitcoin commercial idea. (140 points, 21 comments)
    7. Let's welcome /Buttcoin's newest honorary member of the mod/shill team, Peter Todd! (125 points, 54 comments)
    8. Satoshi Nakamoto is an anagram of "So a man took a shit." (118 points, 16 comments)
    9. Guess which convicted felon just fucked over another Bitcoin business? (112 points, 31 comments)
    10. You guys are the best (111 points, 81 comments)
  5. 2509 points, 12 submissions: JihanButt
    1. Hot (404 points, 19 comments)
    2. Made me check (and kek) (398 points, 49 comments)
    3. Mass adoption is here (257 points, 60 comments)
    4. New record for the fastest exit scam in human history (245 points, 23 comments)
    5. Meanwhile on 4chan bizbutt (210 points, 88 comments)
    6. TIL: Binance can exit scam at any given time and no one would be able to locate CZ or the Binance offices. Not even MtGOX was this shady. (200 points, 65 comments)
    7. Quality (172 points, 53 comments)
    8. Normies are shorting (137 points, 44 comments)
    9. CEO (lol) of shitcoin Titanium BUTT, high on cocaine during AMA (136 points, 16 comments)
    10. It begins... The biggest transfer of comedy gold in human history (122 points, 17 comments)
  6. 2470 points, 12 submissions: unitedstatian
    1. I can't tell why but this ICO doesn't look trustworthy to me (369 points, 47 comments)
    2. Cryptocurrency (332 points, 26 comments)
    3. Has crypto become a giant joke? (311 points, 60 comments)
    4. A Buttcoiner going shopping (248 points, 37 comments)
    5. There is only a 1% chance of successfully routing a $67 payment on the lightning network (229 points, 71 comments)
    6. Comedy gold over at bitcoin (179 points, 54 comments)
    7. The Four Commandments (148 points, 65 comments)
    8. Behold LN in it's full glory as two users fail to send a meager 100 Sats through a high liquidity hub (Bitrefill) due to poor route computation. (146 points, 76 comments)
    9. Jimmy Song giving advice on how to use Bitcoin as a method of payment lol! (143 points, 57 comments)
    10. This is my new favorite ICO. (130 points, 94 comments)
  7. 2037 points, 11 submissions: dyzo-blue
    1. Butter informs his tribe that he has decided to leave. Tribe kindly wishes him good luck and a happy new year. (510 points, 81 comments)
    2. STORE OF VALUE. (184 points, 32 comments)
    3. TIL: Apparently butters are mostly models who have meet-ups on boats. (167 points, 43 comments)
    4. Bitcoiner asked me if I was in the "crypto game" (165 points, 140 comments)
    5. Bitcoin’s energy consumption is growing at 20% per month and is effectively erasing decades of progress on renewable energy (160 points, 93 comments)
    6. Steve Bannon is creating a cryptocurrency to fund global fascist movements (155 points, 175 comments)
    7. Firesale! Firesale! All I see are CHEAP COINZ. (154 points, 130 comments)
    8. The electricity required for a single Bitcoin trade could power a house for a whole month (147 points, 81 comments)
    9. Who sees this pop-up and thinks, "Hmm, seems legit"? (146 points, 40 comments)
    10. From California's Governor Primary Ballot (126 points, 28 comments)
  8. 2035 points, 13 submissions: 18_points
    1. BitGrail insolvency due to people editing client-side javascript and withdrawing free NANO! (279 points, 115 comments)
    2. Butter rushes to exchange his iMac for a MacBook hours before return policy expires, doesn't copy his wallet seed. $170K SFYL, mass adoption imminent. (205 points, 102 comments)
    3. LA Times: The only currency worse than bitcoin is Venezuela’s (176 points, 78 comments)
    4. Butter makes $1.2mm, quits his job, proceeds to lose 80% (175 points, 76 comments)
    5. Bitcoin.com openly admits Tethers are backed by nothing (158 points, 99 comments)
    6. Tether CFO: "Tether may no longer continue to use the US dollar anchor in the future." (152 points, 80 comments)
    7. Aaaand it's gone.... Stablecoin basis closes shup after raising $133 million (151 points, 61 comments)
    8. Guy travels abroad paying with bitcoin. Just kidding, he couldn't pay with bitcoin - best he could do after 2 days trying was trade bitcoin for cash 20% below spot. (138 points, 62 comments)
    9. Because this chart never gets old ... (126 points, 46 comments)
    10. Tether crashing on Kraken, down to $0.98 (125 points, 69 comments)
  9. 1985 points, 6 submissions: cool_playa
    1. a shitcoin startup called Prodeum just exitscammed with millions of investor dollars and left them the following message on their site (1111 points, 170 comments)
    2. Cryptocurrencies: Last Week Tonight with John Oliver (HBO) (256 points, 72 comments)
    3. Charlie Lee gets put in his place (185 points, 29 comments)
    4. Vitalik rethinks his stance as a Libertarian due to the current cryptocurrency ecosystem. Regulations are actually good he says. LMAO. (180 points, 86 comments)
    5. Twitter CEO says Bitcoin is the future / Twitter bans cryptocurrencies from advertising on their platform. (129 points, 11 comments)
    6. Bubble, Bubble, Fraud and Trouble - New York Times article (124 points, 81 comments)
  10. 1916 points, 10 submissions: Cthulhooo
    1. Ladies and Gentlemen I have an innovative idea that will change the landscape of cryptospace forever. I present you the infinite reverse Ponzi scheme. (355 points, 237 comments)
    2. ETH is now officially a 2 digit shitcoin! (258 points, 110 comments)
    3. So this is how blood in the streets looks like... (215 points, 91 comments)
    4. Missed us? (211 points, 44 comments)
    5. The new paradigm (of spam) has arrived. (171 points, 45 comments)
    6. Attention all personnel. (168 points, 62 comments)
    7. Not only bloomberg or CNBC. Even national media all over the world are screaming about tether manipulation. This is good for buttcoin. (168 points, 42 comments)
    8. The biggest bagholders on the planet are actually institutions. Bought bitcoin for $40k (142 points, 44 comments)
    9. Millions of dollars stuck forever in a buttchain thanks to an international community effort to establish the largest comedy gold black hole up to date. (116 points, 28 comments)
    10. Smart ponzi FOMO3D round 1 ends way too early with a creative twist (112 points, 98 comments)

Top Commenters

  1. SnapshillBot (15642 points, 683 comments)
  2. Cthulhooo (11080 points, 1057 comments)
  3. Tomatoshi (10485 points, 577 comments)
  4. newprofile15 (7365 points, 477 comments)
  5. jstolfi (7325 points, 766 comments)
  6. JeanneDOrc (6318 points, 827 comments)
  7. friosc (5326 points, 244 comments)
  8. Woolbrick (5088 points, 318 comments)
  9. Crypto_To_The_Core (4838 points, 678 comments)
  10. HopeFox (4673 points, 331 comments)

Top Submissions

  1. I'm having an orgasm watching the prices dropping - upvote if you're a sick a degenerate like me by deleted (1456 points, 340 comments)
  2. Buttcoin Foundation ROCKED as founder exposed to be PAID SHILL for Butterfly Labs by borderpatrol (1269 points, 553 comments)
  3. a shitcoin startup called Prodeum just exitscammed with millions of investor dollars and left them the following message on their site by cool_playa (1111 points, 170 comments)
  4. And the returns have already begun. One person and a known reseller we get regularly. by cloud3514 (907 points, 278 comments)
  5. c o m p u t e r s c i e n c e by brokenAmmonite (856 points, 125 comments)
  6. U.S. Launches Criminal Probe into Bitcoin Price Manipulation by BitcoinTrolling101 (761 points, 218 comments)
  7. Debating Bitcoin by Orbalisks (747 points, 114 comments)
  8. TIL bitcoin is called the currency of the future because all currency transactions are confirmed in the distant future. by Thief_1 (720 points, 37 comments)
  9. M A T H E M A T I C A L L Y I M P O S S I B LE by NORATHEDESTROYER (693 points, 86 comments)
  10. This is the best take of crypto-currency that I've ever seen. by deleted (689 points, 137 comments)

Top Comments

  1. 1874 points: AlbertRammstein's comment in The OKEx margin trading disaster — how crypto margin trading goes wrong, and how the eye-watering margin leverage on crypto exchanges works in practice
  2. 1263 points: Mike_Prowe's comment in Buttcoin Foundation ROCKED as founder exposed to be PAID SHILL for Butterfly Labs
  3. 820 points: Slayer706's comment in Buttcoin Foundation ROCKED as founder exposed to be PAID SHILL for Butterfly Labs
  4. 577 points: deleted's comment in The OKEx margin trading disaster — how crypto margin trading goes wrong, and how the eye-watering margin leverage on crypto exchanges works in practice
  5. 571 points: cloud3514's comment in And the returns have already begun. One person and a known reseller we get regularly.
  6. 496 points: SnapshillBot's comment in a shitcoin startup called Prodeum just exitscammed with millions of investor dollars and left them the following message on their site
  7. 382 points: vytah's comment in Holy Satoshi! Butter pays 85Btc transaction fees for a 16Btc transaction. Is this the largest fee ever paid?
  8. 380 points: Tomatoshi's comment in It's already happening. GPU market is about to get really hot.
  9. 361 points: ShiteFlaps's comment in Why are you guys such salty fks?
  10. 331 points: -charlie-kelly-'s comment in a shitcoin startup called Prodeum just exitscammed with millions of investor dollars and left them the following message on their site
Generated with BBoe's Subreddit Stats (Donate)
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Bitcoin Miner. Bitcoin Miner. admin August 3, 2020. 0 1,997 . Bitcoin Vault Mining – Bitcoin Vault Üretimi. Bitcoin Vault Mining – Bitcoin Vault Üretimi Mining City’ye Hoş Geldiniz Kripto para madenciliği yapabileceğiniz en heyecan verici yere hoş… Read More » admin July 28, 2020. 0 2,011 . Binance – Exchange And Login For Trade. Binance – Exchange And Login For Trade : The ... Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume You can earn cryptic money by mining, without having to deposit money.However, you certainly don't have to be a miner who has his own encryption. You can also buy crypto by using the Fiat currency (USD, EUR, AUR, etc.); you can trade on a stock exchange like Bitstamp using another crypto (for example: Using Ethereum or NEO to purchase Bitcoin); You can even win by playing video games or by ... ANTMINER mining ASIC Mining Bakkt Binance Bitcoin (BTC) BitPay Blockchain China Claymore Dual Coinbase Cryptocurrency Download GMiner DOWNLOAD lolMiner Download nanominer Download NBMiner DOWNLOAD NiceHash Miner DOWNLOAD PhoenixMiner DOWNLOAD SRBMiner-MULTI DOWNLOAD T-Rex miner DOWNLOAD TeamRedMiner Download TT-Miner Download XMRig Equihash Ethash Ethereum (ETH) GMiner GMiner for Windows ... According to crypto statistics and services platform Coin Dance, Binance Pool is the largest miner of Bitcoin Satoshi’s Vision blocks as of June 16. Binance Pool is responsible for 26.39% of all BSV blocks mined, with Huobi’s mining arm ranking second with 13.19%. Source: Coin Dance. BSV ‘didn’t meet standards’ Binance delisted and ceased trading of all trading pairs for BSV in April ... Angesichts der Tatsache, dass Binance den Hack nicht etwa durch Fahrlässigkeit verursacht hat, dürften auch Investoren bald erkennen, dass ein Verlust von 42 Millionen Dollar in Bitcoin dem breiteren Markt nicht wirklich schaden wird. Bildnachweis: pixabay, CC0 Textnachweis: newsbtc. Letztes Update: Samstag, 18. Juli 2020 Binance Pool ist jetzt der größte Bitcoin SV Miner Seit seiner Einführung im April ist der Binance Pool für 26,39 % aller abgebauten Bitcoin Satoshi Vision-Blöcke verantwortlich. Ein Jahr, nachdem Bitcoin SV im April 2019 aus der Börse entfernt wurde und der von der führenden Krypto-Börse Binance betriebene Minenpool nun mehr Blöcke produziert als jeder andere. A year after removing Bitcoin SV from its exchange in April 2019 and the mining pool operated by leading crypto exchange Binance now produces more blocks than anyone else. According to crypto statistics and services platform Coin Dance, Binance Pool is the largest miner of Bitcoin Satoshi’s Vision blocks as of June 16. Binance Pool is ... Height Age Miner Size (kB) 655783: 14 minutes ago: Binance: 1,222.71: 655782: 37 minutes ago: Binance: 1,385.43: 655781: 43 minutes ago: F2Pool: 1,246.98: 655780: 55 ... On Tuesday, July 16, information appeared in a number of media that Binance, the leading bitcoin exchange, in terms of trading volumes, intends to open another crypto-fiat platform, this time in South Korea. Search. Search for: USD; EUR; GPB; AUD; JPY; Bitcoin(BTC) $11,400.69-4.00%. Ethereum(ETH) $382.13-3.06%. XRP(XRP) $0.289369-1.70%. Tether(USDT) $1.00-0.55%. Bitcoin Cash(BCH) $282.09-6.84% ...

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Binance Tutorial deutsch - Anleitung zum Kaufen und ...

Binance Pool’s first product offering will be Bitcoin mining, using a FPPS payment method. - BitPay Partners With Binance to Support BUSD Payments Around the World Binance Hack: Bitcoin im Wert von 42 Mio. USD gestohlen 💀 Block-Builders. Loading... Unsubscribe from Block-Builders? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe 4.51K ... A $2000 investment turned into me spending $100,000 dollars building a custom shed for cryptocurrency and Bitcoin mining. Here's the story of Drew Vosk and t... This is an educational video on bitcoin mining of binance pool and not a financial advice. #Binance #BinancePool #Binance pool If you want to sign up to Bina... This video goes over the cost of mining Bitcoin and how you can calculate how much bitcoin mining costs. Subscribe to keep up to date with more content from Binance and don’t forget to check our ... As a company I love BINANCE, how they have been performing no matter what type of market they are in, bull market, bear market, sideways, you name it and their token BNB and Exchanges has been ... Jan.10 -- Binance CEO Zhao Changpeng discusses the challenges exchanges face, possible rules and regulations, and talks about the future for crypto currencie... Binance Tutorial deutsch In diesem Video erfährst du wie man auf der Plattform Binance Kryptowährungen handeln kann und gegen Bitcoins kaufen und verkaufen k... willkommen zur Bitcoin-Informant Show Nr. 870. Heute sprechen wir über folgende Themen: Binance startet eigenen Bitcoin Mining Pool, Institutionen zeigen grosses Interesse an Ethereum & Bitfinex ...

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