Bitcoin Market update for BINANCE:BTCUSDT by weslad ...

Bitcoin Cash is in serious need of trust and accountability building tools. Build.Cash can help.

**TLDR: As a developer, Build.Cash will help you by showing the world what you have been able to deliver and when thereby building trust and helping you secure funding.
As an end user, Build.Cash will help you find the projects and people in the network that you are looking for as well as how often projects have been updated. It will also help you to discover new exciting projects you may have no been exposed to via other channels.
As an investor, Build.Cash will help you see and judge how reliable the developers/projects you are considering partnering with are by seeing their reliability as Build.Cash will keep track of projects progress and follow through.**
Our Flipstarter is live here if you want to contribute. Also if you don't want to go through Flipstarter, direct donations are possible to this address: qzckpuqaku2qlrk2euqj6jwgtv87h02a0c0sasf5js
Though it was mentioned twice before in the previous 2 articles HERE and HERE, it is important enough an issue that it deserves its own focus.
One major thing lacking in the crypto sphere in general at the moment is trust and accountability systems. A trust-less system such as Bitcoin Cash does not require you to check the honesty of the Blockchain itself. That is one of it’s most brilliant advantages. However for everything around the periphery, including projects and developers, do indeed require some level of trust.
While open source projects should have the code audited before running, it takes on a whole different level when people in the network are either investing or donating to see projects completed and freelance developers funded.
No matter the method of funding, there needs to be some kind of accountability to ensure that people that promise to do a certain thing meet the social contract they agree to when soliciting for funding.
At the moment there are not many ways to check whether projects are doing what they say they will and even those methods are not especially clear or easy to find.
BCHN is one of few projects that seems to have full disclosure and is setting an excellent example of what projects should aspire to. Build.Cash helps to both lessen the burden on individual projects and developers while simultaneously allowing the public at large to see if and when they deliver on the things they promise to.
In the last few months a large number of Flipstarter campaigns have started. It is wonderful to see the technology has taken off and the community unite around people and projects that deserve to thrive. There no doubt has also been or will be shortly less than honest attempts to get money from the community. It is relatively easy to make a promise stating “we will do XYZ and BCH will benefit”. If it is a relatively known person in the network it is easy to look up their portfolio and see what they have done to advance BCH. However if they are not well known or perhaps prefer to do things less publicly and are not all over Reddit and twitter you may not even know about them and what they have done. But even so it would help immensely if there was a database of these statistics that people could easily check rather than jumping all around the internet.
Build.Cash can help here in 2 ways:
1.) We will verify as best we can the projects and developers accounts and work.
2.) We will catalog and keep project development records updated at regular intervals.
It is by no means a foolproof system. But it will at the very least help the building of trust in the network.
If someone is anonymous how can you be sure they are legit?
This is a difficult problem indeed. It takes a long time to build trust and a name for oneself.
That identity can be burned in an instant if they do something that harms their built up reputation.
Build.Cash does not seek to become Bitcoin Cash police or a regulator. Build.Cash can not ensure any project does what they say they will do. All we can do is keep track of what was done and when so people can decide for themselves if they want to trust and invest their time/money with them.
As stated many times the main goal of Build.Cash is the sharing of information and resources and hopefully cutting down the time it takes people to find the information about people and projects. This time savings will ripple throughout the network increasing its usability. It will be more than just a directory. The constantly updated information source will also help build trust and help funding be directed to where it would have the best impact.
Imagine a situation where you hear about a new project or protocol that would improve your business. On Build.Cash you will not only be able to see who is working on said project, but what they need in order to complete it as well as the number of successful targets and projects they have completed in the past. Seeing that developer X has come through and delivered 10 times in the past should help ease your mind about investing in them now. Seeing that developer X has no past projects to their name would understandably make you more caution and perhaps adjust your considered investment amount accordingly.
Projects that do not require outside funding will still be cataloged and their updates recorded accordingly. We will provide the network with the information you need no matter your role.
If you think this service would be of use to the Bitcoin Cash network please consider making a donation here: qzckpuqaku2qlrk2euqj6jwgtv87h02a0c0sasf5js
Or consider helping our Found the service by pledging to our Flipstarter here: https://flipstarter.build.cash/
Thank you.
submitted by cheaplightning to btc [link] [comments]

DITO rockets up 20%, drops 30%, then finishes flat... the Aristocrats! (Wednesday, Oct 7)

Happy Wednesday, Barkada --

The PSE closed down 28 points to 5911 ▼0.5%.

Good news! I have a couple of people who are potentially interested in sponsoring MB, so I'm excited to explore those opportunities. My goal has always been to simply be revenue neutral, and to keep MB free for everyone to enjoy. (inb4 "RAID Shadow Legends" ad)
Shout-out to Christine for her suggestion to try and improve the bottom-line of MB by moving from Mailchimp to SendFox. It's something I'm going to look into, but I'm very careful about making changes. I'll have to investigate. Thanks also to Jack_ol_lantern for suggesting ways to leverage my domain to try a "roll your own" alternative, and to nikohd for suggesting I offer a bitcoin donation address.
I've got lots to study this weekend! No complaints here, though. Exciting times in MB town.

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COVID Update

WW: 35721388 PH: 324740 

Top 3 MB indices:

 Logistics ▲2.23% POGO Gaming ▲0.46% 2019 IPOs ▲0.35% 

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 Media ▼6.52% 2020 IPOs ▼2.51% Fast Food ▼2.03% 

Main stories covered:

MB is posted to /PHinvest every Monday and Wednesday, but my newsletter goes out daily. To stay in the loop for daily email delivery, please join the barkada by signing up for the newsletter, or follow me on Twitter.

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submitted by DuncnIdahosBandurria to phinvest [link] [comments]

Battlestate Games Needs to update "Rules of the Game"

According to the "Rules of the Game" and TOS for EFT on https://www.escapefromtarkov.com/ there is nothing said about a player not being able to share the wealth. The only place you can find this rule is here on twitter.
BoOsTiNg
Now If you happen to be me I was recently banned falsely for RMT or "boosting". I was not aware that such a rule had existed and unknowingly had broken a rule that was only posted on a social media platform that I do not have. There is nothing on the launcher of the game stating that players cant "share the wealth" and there is no big red text in-game that warns you about "boosting".
Perhaps, they are just scrambling to deal with the cheating situation since RMT results in larger volumes of cheating...good luck playing labs.
I am banned from posting on their forum as a result of this all because I do not have twitter and if I did I was not following them. Someone, please post on their forum that TOS and "Rules of the Game" need to be updated.
This is the RMT statement in the License Agreement from https://www.escapefromtarkov.com/ " Prohibited commercial use: use, either in total or individual parts, of the Launcher Application or of the Game for any purposes not expressly permitted by Battlestate Games Limited, including, among other things: (i) use of the Game in commercial establishments; (ii) collection of game money, items, materials, resources, etc. for sale outside the Game; (iii) provision of game services, such as raising the level, in exchange for payment outside the Game; or (iv) transfer or facilitation of distribution (by text or audio means or any other method) of commercial advertising or offers through or within the scope of the Game"

https://preview.redd.it/gtu3onnxalf51.png?width=1920&format=png&auto=webp&s=28b52a780d63004a15874d33a0ab78466c624d50
Below I will detail the actions that resulted in my ban, and I want to make it very clear that this is NOT AN APPEAL to be unbanned and it is not reposting of previous content except the images. I am explaining the circumstances in which the ToS and "rules of the game" not being updated resulted in a ban. MANY PEOPLE ARE ASKING ABOUT THE EXTENT TO WHICH ITEMS WERE LEANT OR GIVEN SO I AM ADRESSING THAT WITH THE BELOW INFORMATION.
Example 1
July 10th my friend was done playing EFT so he gave me his RR and SICC case

RR and SICC
Example 2 August 3rd
I recently reachout out to my friend in the Army who I had not spoken to in a while and the two of us were going to start grinding tarkov together. He was new to the game and I wanted us to be on the same level with gear, but I still wanted to keep my valuables such as my keys, sicc case, docs cases, dog tag case, Red Rebel and 6 bitcoin to be used for the weapons case trade. The plan was that after I reset my account he would throw me that stuff back. On August 3rd we met on shorline and I gave him my stuff except for the RR because I forgot to put it in my scabbard. On August 4th I gave him my Red Rebel and reset my account immediatley after. Once my account was reset he threw everything I gave him back to me.

Proof of reset

he was a new player lv 4 to be exact
Example 3
On August 5th I leant my friend a blue, green, violet, and black card here. He got cheated on and gave trhe cards back to me 2 hours later. HERE IS THE LINK TO THE BROADCAST https://www.twitch.tv/videos/701225050
Between the times 44:45 and 46:00 you can hear them talking about the borrowed cards. Here is the clip for that https://clips.twitch.tv/CourteousCrepuscularGuanacoNerfRedBlaster

Conversations about borrowing keycards

twitch chat about it
So for anyone who may have questions about circumstances in which the ToS and "Rules of the Game" here is an example of why they need to be updated.


submitted by Schmuckalow to EscapefromTarkov [link] [comments]

Discovery World gets a lifeline from its chairman... shareholders get diluted (Friday, Oct 23)

Happy Friday, Barkada --

The PSE closed up 66 points to 6345 ▲1.1%.

The PSE has had a nice little 7.5% run the past 5 trading days, let's see how the week closes out. Remember, Converge IPO is on Tuesday!
Shout-out to all the bitcoin hodlers out there. The recent run-up in price (up over US$13k today) must feel nice after Paypal announced it would incorporate crypto transactions into its payment platform (after being anti-crypto for a very very long time).
Happy weekend!

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COVID Update

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Top 3 MB indices:

 POGO Prop. ▲3.02% #COVID-19 ▲2.80% Power Gen. ▲2.47% 

Bottom 3 MB indices:

 2019 IPOs ▼2.18% MiddleClass ▼1.04% POGO Gaming ▼0.99% 

Main stories covered:

MB is posted to /PHinvest every Monday and Wednesday, but my newsletter goes out daily. To stay in the loop for daily email delivery, please join the barkada by signing up for the newsletter, or follow me on Twitter.

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submitted by DuncnIdahosBandurria to phinvest [link] [comments]

d down, k up, everybody's a game theorist, titcoin, build wiki on Cardano, (e-)voting, competitive marketing analysis, Goguen product update, Alexa likes Charles, David hates all, Adam in and bros in arms with the scientific counterparts of the major cryptocurrency groups, the latest AMA for all!

Decreasing d parameter
Just signed the latest change management document, I was the last in the chain so I signed it today for changing the d parameter from 0.52 to 0.5. That means we are just about to cross the threshold here in a little bit for d to fall below 0.5 which means more than half of all the blocks will be made by the community and not the OBFT nodes. That's a major milestone and at this current rate of velocity it looks like d will decrement to zero around March so lots to do, lots to talk about. Product update, two days from now, we'll go ahead and talk about that but it crossed my desk today and I was really happy and excited about that and it seemed like yesterday that d was equal to one and people were complaining that we delayed it by an epoch and now we're almost at 50 percent. For those of you who want parameter-level changes, k-level changes, they are coming and there's an enormous internal conversation about it and we've written up a powerpoint presentation and a philosophy document about why things were designed the way that they're designed.
Increasing k parameter and upcoming security video and everybody's a game theorist
My chief scientist has put an enormous amount of time into this. Aggelos is very passionate about this particular topic and what I'm going to do is similar to the security video that I did where I did an hour and a half discussion about a best practice for security. I'm going to actually do a screencasted video where I talk about this philosophy document and I'm going to read the entire document with annotations with you guys and kind of talk through it. It might end up being quite a long video. It could be several hours long but I think it's really important to talk around the design philosophy of this. It's kind of funny, everybody, when they see a cryptographic paper or math paper, they tend to just say okay you guys figure that out. No one's an expert in cryptography or math and you don't really get strong opinions about it but game theory despite the fact that the topics as complex and in some cases more complex you tend to get a lot of opinions and everybody's a game theorist. So, there was enormous amount of thought that went into the design of the system, the parameters of system, everything from the reward functions to other things and it's very important that we explain that thought process in as detailed of a way as possible. At least the philosophy behind it then I feel that the community is in a really good position to start working on the change management. It is my position that I'd love to see k largely increased. I do think that the software needs some improvements to get there especially partial delegation delegation portfolios and some enhancements into the operation of staking especially.
E-voting
I'd love to see the existence of hybrid wallets where you have a cold part a hot part and we've had a lot of conversations about that and we will present some of the progress in that matter at the product updates. If not this October certainly in November. A lot of commercialization going along, a lot of things going on and flowing around and you know, commercial teams working hard. As I mentioned we have a lot of deals in the pipeline. The Wyoming event was half political, half sales. We were really looking into e-voting and we had very productive conversations along those lines. It is my goal that Cardano e-voting software is used in political primaries and my hope is for eventually to be used in municipal and state and eventually federal elections and then in national elections for countries like Ethiopia, Mongolia and other places. Now there is a long road, long, long road to get there and many little victories that have to begin but this event. Wyoming was kind of the opener into that conversation there were seven independent parties at the independent national convention and we had a chance to talk to the leadership of many of them. We will also engage in conversation with the libertarian party leadership as well and at the very least we could talk about e-voting and also blockchain-based voting for primaries that would be great start and we'll also look into the state of Wyoming for that as well. We'll you know, tell you guys about that in time. We've already gotten a lot of inquiries about e-voting software. We tend to get them along with the (Atala) Prism inquiries. It's actually quite easy to start conversations but there are a lot of security properties that are very important like end-to-end verifiability hybrid ballots where you have both a digital and a paper ballot delegation mechanics as well as privacy mechanics that are interesting on a case-by-case basis.
Goguen, voting, future fund3, competitive marketing analysis of Ouroboros vs. EOS, Tezos, Algorand, ETH2 and Polkadot, new creative director
We'll keep chipping away at that, a lot of Goguen stuff to talk about but I'm going to reserve all of that for two days from now for the product update. We're right in the middle, Goguen metadata was the very first part of it. We already have some commercialization platform as a result of metadata, more to come and then obviously lots of smart contract stuff to come. This update and the November update are going to be very Goguen focused and also a lot of alternatives as well. We're still on schedule for an HFC event in I think November or December. I can't remember but that's going to be carrying a lot of things related multisig token locking. There's some ledger rule changes so it has to be an HFC event and that opens up a lot of the windows for Goguen foundations as well as voting on chain so fund3 will benefit very heavily from that. We're right in the guts of Daedalus right now building the voting center, the identity center, QR-code work. All this stuff, it's a lot of stuff, you know, the cell phone app was released last week. Kind of an early beta, it'll go through a lot of rapid iterations every few weeks. We'll update it, google play is a great foundation to launch things on because it's so easy to push updates to people automatically so you can rapidly iterate and be very agile in that framework and you know we've already had 3500 people involved heavily in the innovation management platform ideascale and we've got numerous bids from everything. From John Buck and the sociocracy movement to others. A lot of people want to help us improve that and we're going to see steady and systematic growth there. We're still chipping away at product marketing. Liza (Horowitz) is doing a good job, meet with her two three-times a week and right now it's Ouroboros, Ouroboros, Ouroboros... We're doing competitive analysis of Ouroboros versus EOS, Tezos, Algorand, ETH2 and Polkadot. We think that's a good set. We think we have a really good way of explaining it. David (David Likes Crypto now at IOHK) has already made some great content. We're going to release that soon alongside some other content and we'll keep chipping away at that.
We also just hired a creative director for IO Global. His name's Adam, incredibly experienced creative director, he's worked for Mercedes-Benz and dozens of other companies. He does very good work and he's been doing this for well over 20 years and so the very first set of things he's going to do is work with commercial and marketing on product marketing. In addition to building great content where hope is make that content as pretty as possible and we have Rod heavily involved in that as well to talk about distribution channels and see if we can amplify the distribution message and really get a lot of stuff done. Last thing to mention, oh yeah, iOS for catalyst. We're working on that, we submitted it to the apple store, the iOS store, but it takes a little longer to get approval for that than it does with google play but that's been submitted and it's whenever apple approves it or not. Takes a little longer for cryptocurrency stuff.
Wiki shizzle and battle for crypto, make crypto articles on wiki great again, Alexa knows Charles, Everpedia meets Charles podcast, holy-grail land of Cardano, wiki on Cardano, titcoin
Wikipedia... kind of rattled the cage a little bit. Through an intermediary we got contact with Jimmy Wales. Larry Sanger, the other co-founder also reached out to me and the everpedia guys reached out to me. Here's where we stand, we have an article, it has solidified, it's currently labeled as unreliable and you should not believe the things that are said in it which is David Gerard's work if you look at the edits. We will work with the community and try to get that article to a fair and balanced representation of Cardano and especially after the product marketing comes through. We clearly explain the product I think the Cardano article can be massively strengthened. I've told Rod to work with some specialized people to try to get that done but we are going to work very hard at a systematic approval campaign for all of the scientific articles related to blockchain technology in the cryptocurrency space. They're just terrible, if you go to the proof of work article, the proof of stake or all these things, they're just terrible. They're not well written, they're out of date and they don't reflect an adequate sampling of the science. I did talk to my chief scientist Aggelos and what we're gonna do is reach out to the scientific counterparts that most of the major cryptocurrency groups that are doing research and see if they want to work with us at an industry-wide effort to systematically improve the scientific articles in our industry so that there are a fair and balanced representation of what the current state of the art are, the criticisms, the trade-offs as well as the reference space and of course obviously we'll do quite well in that respect because we've done the science. We're the inheritor of it but it's a shame because when people search proof of stake on google usually wikipedia results are highly biased. We care about wikipedia because google cares about wikipedia, amazon cares about wikipedia.
If you ask Alexa who is Charles Hoskinson, the reason why Alexa knows is because it's reading directly from the wikipedia page. If I didn't have a wikipedia page Alexa would know that so if somebody says Alexa what is Cardano it's going to read directly from the wikipedia page and you know and we can either just pretend that reality doesn't exist or we can accept it and we as a community working with partners in the broader cryptocurrency community can universally improve the quality of cryptocurrency pages. There's been a pattern of commercial censorship on wikipedia for cryptocurrencies in general since bitcoin itself. In fact I think the bitcoin article is actually taken down once back in, might have been, 2010 or 2009 but basically wikipedia has not been a friend of cryptocurrencies. That's why everpedia exists and actually their founders reached out to me and I talked to them over twitter through PMs and we agreed to actually do a podcast. I'm going to do a streamyard, stream with these guys and they'll come on talk all about everpedia and what they do and how they are and we'll kind of go through the challenges that they've encountered. How their platform works and so forth and obviously if they want to ever leave that terrible ecosystem EOS and come to the holy-grail land of Cardano we'd be there to help them out. At least they can tell the world how amazing their product is and also the challenges they're having to overcome. We've also been in great contact with Larry Sanger.
He's going to do an internal seminar at some point with with us and talk about some protocols he's been developing since he left wikipedia specifically to decentralize knowledge management and have a truly decentralized encyclopedia. I'm really looking forward to that and I hope that presentation gives us some inspiration as an ecosystem of things we can do. That's a great piece of infrastructure regardless and after we learn a lot more about it and we talk to a lot of people in ecosystem. If we can't get people to move on over, it would be really good to see through ideascale in the innovation management platform for people to utilize the dc fund to build their own variant of wikipedia on Cardano. In the coming months there will certainly be funding available. If you guys are so passionate about this particular problem that you want to go solve it then I'd be happy to play Elon Musk with the hyperloop and write a white paper on a protocol design and really give a good first start and then you guys can go and try to commercialize that technology as Cardano native assets and Plutus smart contracts in addition to other pieces of technology that have to be brought in to make it practical.
Right now we're just, let's talk to everybody phase, and we'll talk to the everpedia guys, we're going to talk to Larry and we're going to see whoever else is in this game and of course we have to accept the incumbency as it is. So, we're working with obviously the wikipedia side to improve the quality of not only our article but all of the articles and the scientific side of things so that there's a fair and accurate representation of information. One of the reasons why I'm so concerned about this is that I am very worried that Cardano projects will get commercially censored like we were commercially censored. So, yes we do have a page but it took five years to get there and we're a multi-billion dollar project with hundreds of thousands of people. If you guys are doing cutting-edge novel interesting stuff I don't want your experience to be the same as ours where you have to wait five years for your project to get a page even after government's adopted. That's absurd, no one should be censored ever. This is very well a fight for the entire ecosystem, the entire community, not just Cardano but all cryptocurrencies: bitcoin, ethereum and Cardano have all faced commercial censorship and article deletions during their tenure so I don't want you guys to go through that. I'm hoping we can prove that situation but you know you don't put all your eggs in one basket and frankly the time has come for wikipedia to be fully decentralized and liberated from a centralized organization and massively variable quality in the editor base. If legends of valor has a page but Cardano didn't have one until recently titcoin, a pornography coin from 2015, that's deprecated, no one uses it, has a page but Cardano couldn't get one there's something seriously wrong with the quality control mechanism and we need to improve that so it'll get done.
submitted by stake_pool to cardano [link] [comments]

Patch .12.7 (Today 14:00 MSK) - Notes & Discussion

Edit: For those on New Reddit, we're trying out the "Event" style post, so you should see a start time listed above this post in your local timezone. It seems like it's a hour ahead for me, for whatever reason. Let me know if it works for you.
The installation of the patch has finished!
The installation of the patch has begun!
Regards to CptQ for this count-down timer for those not on new.reddit:
#Countdown Timer

Per the Official EFT Discord:

Tomorrow [The 27th], at 14.00 Moscow time we plan to start installation of the update 0.12.7. The game will be stopped. Installation of the update will take approximately 4 hours, but can be extended if necessary.
Twitter Post: https://twitter.com/bstategames/status/1287475159432081408
Check out the latest Raid Episode (#4): https://www.youtube.com/watch?v=2u8hkw2UTy4
Help our Wiki Editors out: https://old.reddit.com/EscapefromTarkov/comments/hyftjg/your_patchly_wiki_post/

FAQ:

Below are the patch notes for .12.7 :

___
Patch 0.12.7:
Added:
New ammo:
Added new stimulants:

Optimization:
Fixed:
Fixed in weapon presets
Fixed in the hideout
Changed:
submitted by Fwopp to EscapefromTarkov [link] [comments]

Monthly Update: Parachute Social Liquidity Pools, Ivan(OnTech) Joins as Advisor, Townhall, Trending on CoinGecko, Covered by EllioTrades Crypto + Altcoin Buzz, …– 31 Jul – 3 Sept'20

Monthly Update: Parachute Social Liquidity Pools, Ivan(OnTech) Joins as Advisor, Townhall, Trending on CoinGecko, Covered by EllioTrades Crypto + Altcoin Buzz, …– 31 Jul – 3 Sept'20
Hola folks! Yesterday we got caught up with everything that happened in July 2020 at Parachute and ParJar. Today, I will be sharing news from August. Looking back at those five weeks, they were easily one of the most action-packed ones in the Parachuteverse ever. If you missed my note about the new format from yesterday: “…I thought it would be best to club all the Parachute news into monthly reports and publish them back-to-back over the next few days to catch up with the latest…For a change, we will be focusing on Parachute + ParJar news alone in these monthly reports. Because if we include news from our partner project in these, we might as well publish the Encyclopaedia Britannica”. In case you thought yesterday’s was a long read, boy are you in for a shock today. Make sure to get yourself a beverage and set aside an hour to go through all that will follow. So here’s goes the Parachute scrolls dating 31-Jul-20 to 3-Sept-20 –
31 Jul – 6 Aug'20:
$PAR became one of the top trending coins on CoinGecko this week. The token also received a perfect score on DEXTools. Pretty sweet! We crossed 2500 members in the Parachute channel after quite a while. But no sign of Ron yet. Haha. BrainiacChess Network ($CHESS) was added to ParJar. We got a surprise listing on Hotbit ourselves with an ETH and BTC pairing. $PAR was listed on CoinW exchange this week too. More details here. Looks like wrapping up a day at Parachute usually ends with steaks. If you ever thought otherwise, a look at the $PAR contract should dispel that doubt. A community vote was opened up to list the next token on ParJar. Congratulations to Chirag for winning this week’s Parena and taking home 6k+ $PAR. Neat! Everybody knows about the bitcoin pizza. But did you know about the bitcoin burger? Read all about AlBundy185's crazy BTC journey here. What a wild ride indeed!
AlBundy185’s BTC ride has to be a stuff of legends
Pic of Gian with Diamond Dallas Page taken from his epic WCW Thunder story (https://t.me/parachutetokengroup/395125). Spooky sent us!
Gian announced a temporary stoppage of Two-for-Tuesday to make way for the second annual Big Brother contest. Soon after, he opened up entries for the contest. Woot! Fans can also get updates and spoilers from the GC’s BB group. Gamer Boy hosted a “Random Gk” trivia in TTR this week. Naj hosted a Sunday “Mega Trivia”. Afful held a “General knowledge” trivia as well. Sebastian shared the new ParJar Gaming schedule for August. Yes, you read that right. 75k $PAR in the monthly prize pool. Woot! For this week's Friday creative prompt (#nottodaycovid) by Jason, Parachuters talked "about what you are doing to keep yourself sane during the pandemic" for some cool $PAR.
Alejandro’s betta fish collection is a sight for sore eyes
Elmar, these are all amazing!
Model ships made by Bada during the lockdown. Awesome!
Ivan (from Ivan on Tech) joined the Parachute channel this week. Looks like next few weeks are going to be super exciting! Doc Vic hosted a flash game in the Parachute War Zone for some cool $PAR prizes. Mario had an interesting idea. Change the ParJar display name to “ParJar Wallet” to actually reflect the true nature of ParJar. And voila! “ParJar” is now “ParJar Wallet”. Instant feedback implementation! We also finally got an unofficial price chatter group running. As we mentioned in the last update, Clinton released a limited edition shirt in the Parachute Store this week to commemorate the Liquidity Program on Uniswap. Some of the Parena merch had to be sunsetted from the store though. So if you grabbed some before that, you are now the proud owner of rare Parena merchandise. James from the Parachute Athletics and Running Club announced a Secret Challenge for 400 $PAR. Cap shared a sneak peek into what’s brewing behind the scenes. He also posted some experimental visuals for the website and for ParJar:
Cap’s creative spurts are super trippy! Pt. I
Trippy creatives from Cap Pt. II
7 Aug – 13 Aug'20:
ParJar did some heavy lifting on behalf of Uniswap this week when Uniswap got clogged but ParJar swaps were running smoothly. If you haven’t seen how swaps work yet, CF made another cool video tutorial. Following last week’s community vote, Enjin ($ENJ) won a spot to become the next swappable token on ParJar. DMM DAO’s $DMG token was listed on ParJar as well. Inputs from the community were taken for listing the next DeFi token on ParJar. A new tier was added for the Parachute Uniswap Liquidity Rewards Program this week. Last week’s incredible Parachute run on CoinGecko was noticed by many including DAO Maker and Blockfyre. We got word that Parachute was featured in Ivan’s (Ivan on Tech) private report meant for his closed group of subscribers. Word on the street is that Parachute was reviewed in detail in the Hidden Gems section of the report and received the highest score among all the projects covered there. Super cool! He also talked about Parachute in his latest video. Watch out for timestamps 42:23 and 47:48. And followed it up with another mention in next day’s video as well. Pretty cool! $PAR also saw some crazy movements and activity. And all this started while Cap was chilling on an Amtrack on his way to Vermont. Haha.
Cap shared this amazing view from Vermont
Check out the Sentivate gear in the Parachute shop. For this week's creative prompt (#donkeyart), Jason had Parachuters "find an image of a piece of art that particularly moved" them and explain how and why. Darren’s Mega Friday Trivia in Tiproom had a sweet 6300 $PAR prize pot. Peace Love (Yanni) hosted another quiz in TTR with some more cool $PAR prizes. Clinton’s charity For Living Independence (FLI) became Lumenthropy’s spotlight charity this week which means they will be matching all $XLM donations to FLI. Lumenthropy is Stellar’s charitable arm. The entries to Gian's Big Brother Contest closed this week with Gian starting to share updates on episodes and $PAR rewards to weekly winners. If you want to catch all the action, head over to the BB Group set up by GC. And the most amazing thing happened this week – As new folks were joining into the Parachute group, someone named Ender Wiggin chimed into the chatter and as we talked we figured that he was not only Cap's neighbour in NYC but was also my school senior. Parachute truly brings the world together! PARs & Recreation wants to create a Parachute foodies group. And if his posts are anything to go by (figs, blueberries, Ikura), it’s going to be a hunger-inducing channel. Doc Vic (from Cuba) announced the start of a team Deathmatch tournament in the Parachute War Zone.
Congratulations, Clinton!
Looks like an epic ParJar video is underway. Parachute was also covered extensively by EllioTrades Crypto this week. YouTuber CM TopDog too made an awesome video on Parachute where he talked at length about the project, the roadmap, the token and more. Saweet! After seeing Albundy185 struggle with pooling on Uniswap, Cap and Ice had a light bulb moment for an entirely new feature on ParJar that would make pooling social and fun. More details to be released over the next few weeks.
Jose’s epic new gif puts Cap’s lightbulb moment about social pools into perspective :D
Looks like Alexis’ neighbour is into Uniswap pools as well. Get it, get it? Haha
Congratulations on the new store, Hang! Folks who don't know, Hang is building a hempire. World domination next
14 Aug – 20 Aug'20:
As mentioned last week, Cap and crew had something cool brewing for folks who pool assets on Uniswap. Presenting Social Liquidity Pools (SLP) by Parachute. No more pooling/staking alone in silos. Get together with others doing what you love most – pool assets on Uniswap (either directly or through ParJar - upcoming), then stake the received liquidity tokens into SLPs on ParJar to get additional rewards and social bonuses like entry into VIP or premium token curated groups. Making Uniswap social! Click here to read about what’s next for ParJar and Parachute. The first Uniswap $PAR Liquidity Pool Rewards Program came to a close. All qualified poolers will receive their rewards in 2 months. DeFi superstar yearn.finance ($YFI) was added to ParJar this week for both sends/tips and swaps. Woohoo! Waifu in the house. After last week’s community inputs regarding the next new token on ParJar, a public vote was started. Uptrennd founder Jeff Kirdeikis’ latest project, TrustSwap ($SWAP), got listed on ParJar after winning that vote which got a shoutout from Ivan as well. So now we have a tongue twister on our hands. Haha. Cap also shared the first hints about $PAR governance. More details to be posted next week. Plus, Cap announced that he will be hosting a townhall next week. Stay tuned! Get your questionnaire ready. Like last week, Parachute chatter popped up in Ivan’s latest video this week as well.
Dang! What an amazing place, Victor
For all the mobile gamers out there, Tony set up a Parachute Corporation for the EVE Echoes game. Hit him up if you want to join. Naj hosted a Sunday TTR trivia with a 6300 $PAR prize pot. Gamer Boy held one as well. Darren’s Mega Trivia in Tiproom was super fun as always. Jason did an impromptu token giveaway so that fellow collectors could complete their ParJar collection followed by a mini contest to "guess the closest to the number of miles I am about to run" for some cool $PAR. Chris hosted this week’s creative Friday prompt (#adminfunday): “Using the profile image of any Parachute admin as inspiration, draw what you think that admin would like to do on the weekend”. And what an amazing video Hans (Pad of DeFi Chad). Haha! Super hilarious and fun.
Some of the radest #adminfunday entries. Clockwise from top left: Skittish, TyReal, Staph It!!, Yosma, Ik Now, Jeff, Chica Cuba, Jhang, Kuuraku
21 Aug – 27 Aug'20:
Ivan (from Ivan On Tech) joined Parachute as an advisor. Woot! Welcome to the Parachute fam. Here’s a sneak peek into what the first day discussions with Ivan as an advisor revolved around. The project got featured in France’s largest crypto news platform, Journal du Coin. Noice! Click here for the English translated version. As mentioned earlier, Cap hosted a townhall this week. If you missed it, you can catch up here. He also shared a rough draft snapshot of “how the governance and fee distribution contracts could look for ParJar Wallet”. Plus, some updates from this week and a big picture view at what staking liquidity through ParJar could look like. Parachute also got mentioned in another of Ivan’s videos this week.
Snapshot from the Parachute Townhall
In partnership with Sentivate, ParJar distributed $SNTVT tokens this week to 1500 people of whom 800 were new users. Sentivate hosted this drop for members of a specific group as a token of appreciation for their support. Reminiscent of the AMGO drop, this was a precursor of “how PAR drops + other token drops could work for our Social Liquidity pooling”. The $PAR Governance whitepaper was released and initial brainstorming started in the tokenomics group. Cap was also interviewed by YouTuber Money Party (@Edward_F) this week to talk at length about where we are at and where we are heading. We also received a super duper shoutout from CryptoTube in his latest video where he did a deep dive into ParJar and Parachute. Thanks a ton! Cryptovator did a cool feature on the project as well.
Cap added more changes to the site to show: \"ParJar wallet in action along with…the integrations\" + Big Picture
In this week's creative contest, Jason put up a #writingprompt: "...imagine you are a brand new intern at my new mega corporation...Today is your first day and you are told you need to present something about crypto to upper management...all you know is Bitcoin is a thing and some vague information about it. Pick a coin or general crypto subject and write a short story...None of the facts or material can be correct in your presentation...". Haha! After helping fellow Parachuters with their ParJar collection last week, Jason set up a collector’s group this week. If you have more than 30 of the coins/tokens listed on ParJar in your @parjar_bot collection already, send Jason a PM and he will get you in. Victor hosted a “Big Trivia” in TTR this week for 6300 $PAR in prizes. Afful held a quiz in Tiproom on “General Knowledge” as well. Check out these wicked new shorts in the Parachute Store based on Jose’s gif.
Epic stuff, Jose! Haha
Nice haul from the Parachute Beer Exchange, CF! Markus did you a solid
Boldman Stachs pointed out that $PAR had the highest Galaxy Score on social media analytics platform LunarCRUSH this week. Pretty neat! CF took note. And like Cap mentioned, it has mostly been thanks to him. Haha. And big up to Jesús (@JALBARRAN02) for making a ParJar guide video for our Spanish crew. You rock! Interesting results from the DeFi survey: majority of crypto folks are still DeFi-curious. A new community vote was thrown open for listing the next DeFi token on ParJar. Anyone who's been around a bit already knows that Clinton does some amazing work at his charity, For Living Independence, which creates assistive technology for disabled individuals. This week he shared some snaps of a build which now enables a lady in a wheelchair get upstairs in her home.
This is so wholesome, Clinton! Thank you for doing what you do.
28 Aug – 3 Sep'20:
ParJar was featured in Altcoin Buzz’s latest video. Noice! Click here and here to read some recent updates from Cap. After winning last week’s vote, Akropolis ($AKRO) became the latest token to be listed on ParJar. Woot! bZx crew gave some serious competition too. So we had to get them on ParJar as well. $BZRX was listed this week right after $AKRO. $PAR now has 7k on-chain HODLers. Saweet! Sentivate will be our first partner project to have a Social Liquidity Pool on ParJar. This is amazing! Time for another community vote to get a new project listed on ParJar – this time it is DeFi Pie v/s Ren v/s Proxi DeFi v/s Others. If you’ve missed all the latest Parachute-related videos, we have your back. Check this tweet thread to catch up. Naj hosted a Saturday Tiproom Trivia for 6300 $PAR in prizes. Congratulations to Maria for winning the latest Parena. 8k $PAR in the bag. Woohoo! And congo rats to Yanni as well for winning a special edition shirt from the Parachute store. Gamer Boy’s Big Trivia in TTR saw a ton of participation as always. The Parachute Fantasy Football contest is back! Chris set up the entry rules this week.
CF has done wonders for Parachute’s social metrics: “..+500% in our fi(r)st marketing month..”
Whew, what a month! And with that we close for August 2020 @ Parachute/ParJar. See you again with one more epic monthly update tomorrow. Cheerio!
submitted by abhijoysarkar to ParachuteToken [link] [comments]

Memo.cash is censoring ZAPT token

https://twitter.com/zapit_io/status/1308629034335567873?s=19
We would like to announce that we will no longer be recommending memo.cash platform to our users and request others also not to use their slp exchange due to the blatant censorship.
It started few weeks back when we launched the dividend tool which became quite popular in the slp space where multiple token projects started using the automated tool to send out dividends/airdrops
Bitcoin.com NewsBitcoin.com News even wrote an article about it after which the price of the ZAPT token increased a lot but memo.cash never updated completed orders with price above 10k satoshis, yet the token was being traded for around 25k sats
We reached out to the memo telegram group to mention this issue, we were told that it will be checked and later we got a sarcastic reply implying whether we thought ZAPT was really worth that much.
The orders went upto 40k sats even though the price never updated above 10k sats but when a order was placed for 1k sats it was instantly updated.
A lot of users who traded Zapt are known in the slp community and it also includes few token founders so there is no 'suspicious' activity going on.
And after the above tweet was posted ZAPT has disappeared completely from the token list. Whether it is going to be fixed or not we want to inform about what happened and what is happening with memo.cash
Its sad to see memo.cash censoring us this way and will most likely see other tokens being censored as well if any token price doesn't match the thinking of the memo team.
submitted by zapit_io to btc [link] [comments]

What I currently use for privacy (after almost 2 years of long investing into it)

First of all, my threat model: I'm just an average person that wants to AVOID the maximum I can to be monitored and tracked by the government and big corps, a lot of people out there REALLY hate me and I've gone through lots of harassment and other stuff, I also plan to take my activism and love for freedom more seriously and to do stuff that could potentially lead me to very high danger or even put my life on the line. That being said, my main focus is on something that is privacy-friendly but also something with decent security (no point having a lot of privacy if a script kiddie can just break into it an boom, everything is gone) anonymity is also desirable but I'm pretty aware that true 100% anonymity is simply not possible and to achieve the maximum you can of it currently you'd have to give up A LOT of stuff in which I don't think I really could. So basically, everything that I said + I don't want to give up some hobbies of mine (as playing games etc)
Here's what I use/have done so far, most of it is based on privacytools.io list and research I've done.
Mobile:
Google Pixel 3a XL running GrapheneOS
Apps: Stock apps (Vanadium, Gallery, Clock, Contacts etc) + F-DROID, NewPipe, OsmAnd+, Joplin, Tutanota, K-9 Mail, Aegis Authenticator, KeePassDX, Syncthing, Signal, Librera PRO, Vinyl, Open Camera and Wireguard.
I also use BlahDNS as my private DNS.
Other smartphone stuff/habits: I use a Supershieldz Anti Spy Tempered Glass Screen Protector on my phone and I also have a Faraday Sleeve from Silent Pocket which my phone is on most of the times (I don't have smartphone addiction and would likely advice you to break free from smartphone addiction if you have it). I NEVER use bluetooth (thank god Pixel 3a have a headphone jack so yeah, no bluetooth earphones here) and always keep my Wi-Fi off if I'm not using it.
Computer:
I have a desktop that I built (specs: Asus B450M Gaming, AMD Ryzen 3 3300X, Radeon RX 580 8GB, 16GB DDR4 2666Mhz, 3TB HDD, 480GB SSD) that is dualbooted with QubesOS and Arch Linux.
Qubes is my main OS that I use as daily driver and for my tasks, I use Arch for gaming.
I've installed linux-hardened and its headers packages on my Arch + further kernel hardening using systctl and boot parameters, AppArmor as my MAC system and bubblewrap for sandboxing programs. I also spoof my MAC address and have restricted root access, I've also protected my GRUB with password (and use encrypted boot) and have enabled Microcode updates and have NTP and IPV6 disabled.
Also on Arch, I use iptables as a firewall denying all incoming traffic, and since it's my gaming PC, I don't game on the OS, instead, I use a KVM/QEMU Windows VM for gaming (search "How I Built The "Poor-Shamed" Computer" video to see what I'm talking about) I also use full disk encryption.
Software/Providers:
E-Mails: I use ProtonMail (Plus Account paid with bitcoin) and Tutanota (free account as they don't accept crypto payment yet, come on Tutanota, I've been waiting for it for 2 years already) since I have plus account on ProtonMail it allows me to use ProtonMail Bridge and use it on Claws Mail (desktop) and K-9 Mail (mobile) as for Tutanota I use both desktop and mobile app.
Some other e-mails habits of mine: I use e-mail aliases (ProtonMail plus account provides you with 5) and each alias is used for different tasks (as one for shopping, one for banking, one for accounts etc) and none of my e-mails have my real name on it or something that could be used to identify me. I also highly avoid using stuff that require e-mail/e-mail verification for usage (e-mail is such a pain in the ass tbh) I also make use of Spamgourmet for stuff like temporary e-mail (best service I found for this doing my research, dunno if it's really the best tho, heard that AnonAddy does kinda the same stuff but dunno, recommendations are welcomed)
Browsers/Search Engine: As mentioned, I use Vanadium (Graphene's stock browser) on mobile as it is the recommended browser by Graphene and the one with the best security for Android, for desktop I use a Hardened Firefox (pretty aware of Firefox's security not being that good, but it's the best browser for PC for me as Ungoogled Chromium is still not there in A LOT of things + inherent problems of Chrome as not being able to disable WebRTC unless you use an extension etc) with ghacks-user.js and uBlock Origin (hard mode), uMatrix (globally blocking first party scripts), HTTPS Everywhere (EASE Mode), Decentraleyes (set the recommended rules for both uBlock Origin and uMatrix) and Temporary Containers as addons. I also use Tor Browser (Safest Mode) on a Whonix VM on Qubes sometimes. DuckDuckGo is my to-go search engine and I use DNS over HTTPS on Firefox (BlahDNS as my provider once again)
browsing habits: I avoid JavaScript the maximum I can, if it's really needed, I just allow the scripts temporarely on uBlock Origin/uMatrix and after I'm done I just disable it. I also generally go with old.reddit.com instead of reddit.com (as JavaScript is not required to browse the old client), nitter.net for checking twitter stuff (although I rarely have something peaking my interest on Twitter) and I use invidious.snopyta.org as youtube front-end (I do however use YouTube sometimes if a video I wanna see can't be played on invidious or if I wanna watch a livestream) and html.duckduckgo.com instead of duckduckgo.com other than avoiding JavaScript most of my browsing habits are just common sense at this point I'd say, I also use privatebin (snopyta's instance) instead of pastebin. I also have multiple firefox profiles for different tasks (personal usage, shopping, banking etc)
VPN: I use Mullvad (guess you can mention it here since it's PTIO's recommended) paid with bitcoin and honestly best service available tbh. I use Mullvad's multihop implementation on Wireguard which I manually set myself as I had the time and patience to learn how.
password manager: KeePassXC on desktop and KeePassDX on my smartphone, my password database for my desktop is stored on a USB flash driver I encrypted with VeraCrypt.
some other software on desktop: LibreOffice (as a Microsoft Office substitute), GIMP (Photshop substitute), Vim (I use it for multiple purposes, mainly coding IDE and as a text editor), VLC (media player), Bisq (bitcoin exchange), Wasabi (bitcoin wallet), OBS (screen recording), Syncthing (file sync), qBitTorrent (torrent client) and Element (federated real-time communication software). I sadly couldn't find a good open-source substitute to Sony Vegas (tested many, but none was in the same level of Vegas imo, KDENLive is okay tho) so I just use it on a VM if I need it (Windows VM solely for the purpose of video editing, not the same one I use for gaming)
Other:
router: I have an Asus RT-AC68U with OpenWRT as its firmware. I also set a VPN on it.
cryptocurrency hardware wallet: I store all of my cryptocurrency (Bitcoin and Monero) on a Ledger Nano S, about 97% of my money is on crypto so a hardware wallet is a must for me.
I have lots of USB flash drivers that I use for Live ISOs and for encrypted backups. I also have a USB Data Blocker from PortaPow that I generally use if I need to charge my cellphone in public or in a hotel while on a trip (rare occasion tbh).
I have a Logitech C920e as webcam and a Blue Yeti microphone in which I never let them plugged, I only plug them if it's necessary and after I'm done I just unplug them.
I also have a Nintendo Switch Lite as a gaming console that I most of the times just use offline, I just connect to the internet if needed for a software update and then just turn the Wi-Fi off from it.
Other Habits/Things I've done:
payments: I simply AVOID using credit card, I try to always pay on cash (I live in a third-world country so thank god most of people here still depend on cash only) physically and online I try my best to either by using cryptocurrency or using gift cards/cash by mail if crypto isn't available. I usually buy crypto on Bisq as I just don't trust any KYC exchange (and neither should you) and since there aren't many people here in my area to do face to face bitcoin trade (and I'm skeptical of face to face tbh), I use the Wasabi Wallet (desktop) to coinjoin bitcoin before buying anything as this allows a bit more of privacy, I also coinjoin on Wasabi before sending my bitcoins to my hardware wallet. I also don't have a high consumerism drive so I'm not constantly wanting to buy everything that I see (which helps a lot on this criteria)
social media/accounts: as noted, aside from Signal and Element (which I don't even use that often) I just don't REALLY use any social media (tried Mastodon for a while but I was honestly felt it kinda desert there and most of its userbase from what I've seen were some people I'd just... rather don't hang with tbh) and, althoug not something necessary is something that I really advise people to as social media is literally a poison to your mind.
I also don't own any streaming service like Netflix/Amazon Prime/Spotify etc, I basically pirate series/movies/songs and that's it.
I've also deleted ALL my old accounts from social media (like Twitter etc) and old e-mails. ALL of my important and main accounts have 2FA enabled and are protected by a strong password (I use KeePass to generate a 35 character lenght password with numbers, capital letters, special symbols etc, each account uses a unique password) I also NEVER use my real name on any account and NEVER post any pictures of myself (I rarely take pictures of stuff if anything)
iot/smart devices: aside from my smartphone, I don't have any IOT/smart device as I honestly see no need for them (and most of them are WAY too expensive on third-world countries)
files: I constatly backup all of my files (each two weeks) on encrypted flash drivers, I also use BleachBit for temporary data cleaning and data/file shredding. I also use Syncthing as a substitute to stuff like Google Drive.
Future plans:
learn to self-host and self-host an e-mail/NextCloud (and maybe even a VPN)
find something like BurneHushed but FOSS (if you know any please let me know)
So, how is it? anything that I should do that I'm probably not doing?
submitted by StunningDistrust to privacytoolsIO [link] [comments]

Monero Community Workgroup is preparing for the large growth ahead

Diego (u/rehrar), Doug (u/needmoney90), and Justin (u/SamsungGalaxayPlayer) would like to share some exciting news regarding the Monero Community Workgroup (MCW). The Monero community is growing, and so is our support and group of volunteers. The TL;DR is that you can expect some cool things as we grow.

Some MCW History

The MCW initially began as the Monero Marketing Workgroup in March 2017. Diego was interested in helping grow the Monero community, so he contacted Justin and set up the MoneroMarketing subreddit. At the time, the idea of a Monero marketing initiative shocked many in the community, who greatly appreciated Monero's general distance from the marketing efforts by many ICOs and scams around that time.
The Monero Marketing Workgroup focused mostly on preparing educational materials and getting people involved to work on Monero-related initiatives. Shortly after the workgroup began, it transitioned into an area that needed more love: community organization and communication.
Up until this point, the Monero community was focused around the developer meetings and the Monero subreddit. While these are still highly relevant in the Monero ecosystem (for good reason), there wasn't a great way for people to stay updated with the latest news and to discuss non-development items. The Monero Community Crowdfunding System (at the time Forum Funding System) submissions weren't discussed in the same way that they are today, and there was no central Community Workgroup to help bring initiatives together. It was obvious that with a larger, more diverse Monero community, a dedicated set of resources would be necessary to connect all these projects together.
The Monero Marketing Workgroup became the Monero Community Workgroup during the first Community Workgroup meeting on 18 June 2017. These meetings have largely occurred every other Saturday ever since and serve as an essential community service to discuss CCS proposals, hear workgroup updates and news, and discuss new ideas. The Community Workgroup channel (#monero-community) is used for many other purposes, including other scheduled meetings on deemed-necessary items of interest and regular feedback, questions, and chat.
On 7 October 2017, the workgroup hosted its first Coffee Chat, a casual conversation covering the month's recent news and most important discussion topics. These Coffee Chats help humanize the Monero community, who until this point typically were only known by their pseudonyms. The MCW played a part in the Monero Konferenco, Critical Decentralization Cluster at the Chaos Communication Congress, and Monero Village at Defcon livestreams and derived content. It also hosts Breaking Monero, a series that features members from the Monero Research Lab who discuss Monero's limitations.
A year after the MCW became its new name, the newly-founded Monero Outreach Workgroup took over many of its initial ambitions in June 2018. Other related workgroups like Monero Ecosystem have their own communities and functions.

The Community Keeps Growing

The Monero communities are significantly larger than they were back in early-2017, and they keep on growing. In early-2017, there were no mobile wallets, the GUI was only 3 months old, there were far fewer exchanges, etc. Today, Monero has one of the largest, most respected, and most passionate communities. We have the third largest number of developers of any cryptocurrency project, we are the only project with our own DEF CON village, and we are one of the few names that everybody knows. Awesome work to everyone around, truly.
With larger communities comes more work. The community deserves reliable, appropriate resources to sustain this growth. In a decentralized community, this is difficult. Monero Core provides some essential services such as the CCS, getmonero.org, Mattermost, and GitLab. However, they have been unable to meet the growing needs of the community alone. Thus, the MCW has been happy to support other needs to the extent possible: we discuss CCS proposals during our meetings, host several servers, organize Coffee Chats and conference talks, and more, along with efforts of other workgroups. These have become such a significant undertaking, and that's a good thing. As Monero continues to set the gold standard for cryptocurrencies the expectations keep growing. It's awesome to be a part of something where so many people care.

Our Future

The MCW has grown too much for the three of us to organize all the resources we need, let alone the needs of everyone in the Monero communities and workgroups. Thus, we are furthering our commitment and offering substantially more services in the coming months. To get there, we need your support to fill volunteer leadership and support positions.
Expect the following dedicated services from us:
  1. Jitsi server with higher framerate and resolutions than Jitsi Meet, so that our Coffee Chats, conferences, and other events are better quality than before.
  2. NextCloud to safely and securely collaborate on blog posts, share files, and more.
  3. Sandstorm and Wekan kanban board (open source Trello copy) to keep track of, propose, and assign tasks and projects.
  4. Chatwoot to provide tailored support for Monero users with a volunteer support community (also a good learning exercise).
  5. Mastodon to communicate about Monero and other news, so we aren't dependent on Twitter's policies and security.
  6. Flarum forum for Monero news and discussions, so we aren't dependent on Reddit.
We need your help to make this happen! We will form "task forces" to focus on certain areas like marketing, system administration, meetings, moderation, and finance. If you have any of these skills, please join #monero-community and say hi, or shoot us an email ([email protected])!
Doug, Diego, and Justin feel that these changes will allow the Monero community to grow in new ways and continue collaborating. The community consists of many workgroups that focus on projects that they are interested in, and we want to support the efforts of these communities.
To allow these changes, Justin will form an LLC, with him and Doug being officially on the board, and Diego taking an advisory role.
Creating a legal entity serves two distinct purposes. First, it allows us to aggregate payments from many people into a single entity to pay the costs for hosting various community servers/services. This greatly reduces our own workload and out of pocket payment. Secondly, it allows us to aggregate multiple social media handles that are currently controlled by individuals under a single entity, to reduce the "Bus Factor."
Of course, the MCW will remain very much grounded in the ideals that made that made it great in the first place. And the entity will always support the Monero communities, never claim to fully represent everyone involved in Monero. It can only ever represent the efforts of those involved.
Current and future goals of the MCW include:
  1. Provide resources as necessary and reasonable, such as communication platforms
  2. Organize discussions to promote communication, such as Community Meetings and Coffee Chats
  3. Promote positive culture through events, such as with Coffee Chats, the Monero Konferenco, the Moneoversary, and the Monero DEF CON Village
  4. Support other Monero workgroups and Monero ecosystem projects
  5. Provide mechanisms to collect feedback on community, developer, and research proposals
  6. Discuss the Monero CCS ideas and otherwise support the Monero CCS
  7. Promote Monero and privacy education and marketing
  8. Serve as an available community mediatoarbitrator where reasonable
  9. Communicate the broad interests of the Monero community and provide a voice where and how appropriate
  10. Collaborate with other projects, companies, governments, and communities

Monero Community Support LLC

Q: Why does the MCW think that an LLC is needed?
A: For two primary reasons. First, payments. As mentioned, there is existing digital infrastructure, currently paid out of pocket by MCW leaders. Even if a CCS proposal was to be explored, it would make personal accounting and tax reporting very difficult as assets would technically be mixed with personal assets, throwing off capital gains calculations. Up until now this has been a sacrifice of time that we were content to make, but as we continue to ramp up our goals it is becoming increasingly cumbersome, and alternative methods are needed. An LLC would be able to hold these monetary assets as its own entity, and all funds could be kept separate from personal funds, leading to much easier accounting all around.
Secondly, an LLC would allow for digital infrastructure to come under the legal purview of several people, reducing the possibility for any particular person going rogue and decimating what has been built. There may be concern about bringing resources under a corporation, and that this is not in the spirit of Monero, but one thing to note is that all assets and services (noted above) are FOSS/CC. Meaning if at any time a community doesn't care for what the MCW accomplishes under this LLC, they can simply start their own infrastructure with low switching costs. Once again: EVERYTHING IS FOSS/CC.
Q: Why not a nonprofit, cooperative, or other type of organization?
A: While not out of the question, these take additional effort. We hope to grow into these organization types with the help of others. However certain registrations take a lot of time and effort, plus has quite significant restrictions on activities. The LLC will allow us the flexibility and convenience we need now, especially when we currently have no income anyway.

Looking Ahead

The MCW has a mountain range of opportunities ahead of it, as do all Monero communities and workgroups. We hope that our efforts are of use to you and others, and we hope that you join us in making something great :)
Justin, Diego, and Doug
submitted by SamsungGalaxyPlayer to Monero [link] [comments]

RaizAU Beginners Guide (Updated!)

Many thanks to u/kvramji and u/inertia_2017 whose original Acorns (and subsequently Raiz) guide this is built on top of (with a few FAQs from Raiz themselves).
This post was last updated on October 23, 2020, and I'll endeavour to update it periodically.
What is Raiz?
Raiz is a financial service, helping you to save and invest your money. They enable Australians to start early, invest often, and reach their financial goals.
How does Raiz work?
Raiz helps you proactively invest. One key feature is round-ups; we round up each of your transactions to the nearest dollar, and invest the change into a diversified portfolio. Simply connect a debit card, or other funding source, then provide us with some basic information. We give you the option of choosing a portfolio that is in line with your investment goals and the amount of risk you’re comfortable taking.
Note that Raiz offers other great ways of investing besides round-ups, for more info please see this article.
What are the fees?
Once an account is opened, there are no fees on $0 balances and after that there is a monthly fee as follows:
Portfolio Balance (<$10,000) Balance ($10,000 and up)
All portfolios (exc. Sapphire) $2.50 p/month (charged monthly) 0.275% p.a. (charged monthly, computed daily)
Sapphire $2.50 p/month + 0.275% p.a. (charged monthly, computed daily) $2.50 p/month + 0.275% p.a. (charged monthly, computed daily)
An rough idea of monthly fees on a range of balances can be seen below:
Average Monthly Balance All portfolios (exc. Sapphire) Sapphire
$500 $2.50 $2.61
$1,000 $2.50 $2.73
$2,500 $2.50 $3.07
$5,000 $2.50 $3.65
$10,000 $2.29 $4.79
$20,000 $4.58 $7.08
$50,000 $11.46 $13.96
Any other fees, including any future changes can be found here.
Raiz Beginners Guide
What’s Dollar Cost Averaging (DCA)? Dollar Cost Averaging is basically spreading your investments in such a way that you can take advantage of the ever fluctuating daily price of stocks. The best example of this concept is given in a simple example here.
What do you mean by Portfolio?
Raiz uses the money which is put into the app by making you pick a type of profile which is differentiated from one another by the risk involved, as well as a few other characteristics (socially responsible, or an exposure to Bitcoin). The risk factor varies, depending on the portfolio. A breakdown based on portfolio can be found in the table below, including the minimum suggested investment timeframe (MSIT):
Risk Level (Raiz Defined) Portfolio MSIT
Low Conservative 3 months
Low to Moderate Moderately Conservative 1 year
Moderate Moderate 2 years
Moderate to High Moderately Aggressive 3 to 5 years
High Aggressive 5 to 7 years
Moderate to High Emerald 3 to 5 years
Very High Sapphire 5+ years
NOTE: Once you decide which portfolio to go by, try to not change between portfolios if you see a loss in the value of the account initially. Stick by it and don’t keep changing portfolio, because you might lose more while changing portfolio because it involves selling and buying stocks at different rates.
What portfolio should I pick?
Common question. It all depends on the amount of risk you are willing to take. There are also portfolios available if you'd prefer a socially responsible portfolio, or an exposure to Bitcoin. The longer you intend to hold your money in your account, the higher risk you might be willing to take.
NOTE: Do NOT panic when you see a down day with a loss against your portfolio. The BEST thing you can think of is DCA. If you have set up recurring investments, you are going to see gains as soon as the stocks go up in price.
Which portfolio performs the best?
Common question. Raiz releases an annual report that provides a summary of portfolio performance, typically in August.
Portfolio performance for the past two years, for all portfolios (excluding Sapphire) can be found here.
Something to note: past performance is not a reliable indicator of future performance. Just because a portfolio has done well over the years, it is no guarantee that will continue to be the case, and things such as pandemics, market crashes and the like do happen. Pick a portfolio that suits your needs.
What is Raiz Rewards?
This is a feature in Raiz which gives you some percentage of the money spent for purchasing with vendors they have tie ups with. The method that you use varies slightly for online and in store purchases.
Online Vendors
To ensure you can get the rewards, go to your PC to the online retail store and add items to the cart. Make sure you go via the Raiz website (or App) to the vendor either on the PC or mobile. Finalize the payments via the link that Raiz takes you by and finish the purchase.
In Store Vendors
To ensure you can get the rewards, go to your App, click Rewards -> In-Store.
Click the vendor option, and select 'Activate Now'. Then, go shopping in store with that reward partner. Make sure you use a card that is linked to your Raiz account.
Payment of Rewards
This percentage that is listed in Raiz Rewards can take up to 90 days (typically 30 days for online, 90 days for in store purchases/Raiz Energy) to show up under the Raiz Rewards column in the "History" window in the mobile app. The percentage varies with each vendor.
What about dividends?
Dividends get paid periodically on the ETF holdings that you have, proportional to the amount of each ETF you own on as of the ex-dividend date. These dividends are invested into your Raiz account, approximately one business day after payment date.
Raiz run an annual blog post outlining the dates that dividends are expected to be paid (they vary slightly). That can be found here.
What about taxes?
Raiz will provide you with tax information at the end of financial year which tells you how to report any earnings from your Raiz account. It comes in the form of a Tax Statement, and is typically available in the third week of July.
This can be found in app by going to My Settings -> Support -> View Statements
How long do transactions stay in pending?
Raiz typically takes up to five business days for taking the money from your account and buying shares and for it to show up as processed. So don’t panic if it takes a few days. It’s a common thing.
Well I've read through this and I've got another issue - where can I go for help?
The Raiz Support crew are available to help you out with your Raiz issues. I've had personal experiences in the past where I've needed a hand, and they've been really great.
You can find more info on how to contact them on the Raiz Support webpage. Or hit them up on Twitter, Facebook, etc.
submitted by mathmischief to RaizAU [link] [comments]

[OWL WATCH] Waiting for "IOTA TIME" 14;

Disclaimer: This is my editing, so there could be some errors, misunderstandings or exaggerations.
Waiting for "IOTA TIME " (an era where IOTA defines nearly everything in terms of the block-chain world)

niels12어제 오후 4:51
IOTA funds are public: https://thetangle.org/address/IDNAFP9FWWKYGNDMKGJWZD9GATGRPTJYTYHLKFNDEQSISPSETLZQOSPGOHC99LMPXDEHSH9XYHNVOLUBBQPCEGHYK9 But they have probably other sources of income, like funding by government etc. And maybe also other IOTA funds on other addresses. I don't know.
Balance: 59.68 Ti


David Sønstebø어제 오후 9:41
I wonder how many times an out of context 2 year old private DM has to be addressed. At the time IOTA was approaching stagnation due to the actions of primarily CFB**, thus since we both started Jinn together which lead to IOTA,** I tried repeatedly to talk sense into him. I.E. "If you are going to torpedo all progress, let's just sell it all and start from scratch, fuck it" It's a figure of speech, while trying to talk sense into someone who insists that 1 + 1 = 3.59 My tax records show when I last sold iotas. February of 2018. Now stop reading into private DMs, especially ones taken out of context and especially those leaked by someone who's proclaimed he is going to ruin IOTA and my life. You need to go back to school if you think there is anything to 'speculate' on there.


dom어제 오후 4:15
u/unsy we will release the condensed version of them once we want to. Just because you so desperately desire them for whatever reason doesn't make us do it faster. Being in this space for so fucking long, last thing I want is to attempt to act in good faith again and then be screwed over by those trying to misconstrue reality and spread lies. We've been at that for too long. Once they are fully ready, and we have them in a format we like, we will publish them.


dom어제 오후 4:16
Our objective of the finance / legal department is to become one of the most trustworthy / transparent organizations in this space. Which is why we're setting up new and stricter policies in general


dom어제 오후 4:18
quite frankly, with everything that has happened up until now, I would certainly say that we are one of the most transparent organization (if we wanted it or not) u/unsy


dom어제 오후 4:21
u/unsy I am not worried about it. If we have problems, we always solve them - I think we've proven that by now. And as it stands right now with our current funding + our strategy, we are in good hands


David Sønstebø오늘 오전 6:41
Don't worry, a shitty FUD piece in a cryptoblog is nada
[오전 6:41]
We were once numero uno target by Jeffrey Epstein funded Joi Ito's MIT DCI
[오전 6:41]
This is nothing


------------------------------------------------------------------------------------

Antonio Nardella [IF]어제 오후 11:13
IMO the community has matured a lot, we have community and certified developers working with the IF in the X-Teams, there are new people coming in with direct interest in the tech (yeah, also spec is still popular) and from the chats that I've had, there are devs waiting for the breaking changes of Chrysalis P2, before starting to develop again.. But that's my assessment..


Jelle Millenaar [IF]어제 오후 9:15
Well, I can say the DID developments are going smooth. Starting publishing the first DIDs to the Tangle ;D


Jelle Millenaar [IF]어제 오후 9:15
And since I am totally not biased towards Identity, but its gonna be revolutionary ;D


Jelle Millenaar [IF]어제 오후 10:06
This is the perfect time to loose faith in the IOTA Foundations capability to deliver, especially after the network just received a major update with many improvements. Its just crypto being crypto,


dom오늘 오전 2:12
Yeh we'll go through it. This is the usual game...


Dominik Schiener
There is more tech maturity, more adoption and more progress than ever. We are one of the only projects which gets funding from government grants and corporations. Stop the attention grabbing headlines and get your sources right.


Long field
You can track their iota address, and I can tell they didn't sell any iota tokens in last two months


HusQy
IOTA is like a large decentralized network cable that connects any number of nodes with each other and that enables data and values ​​to be exchanged with one another, whereby the data is protected against manipulation and the value transactions against double spends. Thereon ...

... you can run any decentralized application (we call this layer) - e.g. a blockchain that stores certain data for as long as you want and limits the amount of data to be saved via fees like Bitcoin. Each of these uses inherit ...

... your security from the basic protocol and can specifically only save the data that is relevant for you (also decentralized). To say that IOTA is not a DLT is in principle not that wrong - it is a platform for DLTs and therefore much more powerful than all ...

... existing DLTs because it is much more flexible. For example, you can run Hashgraph in IOTA, or Bitcoin or whatever. And IOTA is the token that connects the entire ecosystem. This is of course "not yet" the case, but Chrysalis Part 2 is the first step.​


HusQy
@blocktrainerperhaps this explanation will enable you to understand where the journey is going. If a decentralized data storage is required, then you can build it with IOTA and it then has exactly the same properties in terms of permanent storage as Bitcoin.


Block trainer
We can also get a little more technical. The way you describe it, it sounds like an interoperability layer ... something like that here, which then equates to a polkadot etc.
📷

HusQy
In principle yes, only that it doesn't connect Bitcoin and ETH but "IOTA Smart Contracts" with "IOTA Storage" etc. It is not there to connect other projects but to offer the same as other projects, only faster and cheaper.

-------------------------------------------------------------------------------

Bitcoin Coach
And in 5 years there will be a completely new project, which then claims to be better than IOTA. And then should all the infrastructure be thrown overboard and the partners simply change the DLT?


HusQy
This is how technology works. It makes no sense to run the Internet on the basis of 64k modems just because many people have one at home. The change does not take place overnight but creeping and if you look at the BTC Dominance you can see that too.

Ultimately, everything will switch to the best technology and we'll see which that is :)


Block trainer
The "best" must also be defined. What are the classes to master?


HusQy
All classes. If there is a technology that can represent even one aspect better, then it is not yet good enough. Blockchain, for example, is a "degenerate" DAG with only one reference. The goal is that IOTA can also use blockchains if the use case requires it.


HusQy
The future is not "either DAG or blockchain" but both seamlessly linked within the same ecosystem. IOTA smart contracts use a blockchain, for example, but a separate chain for each smart contract and the blockchain is within the tangle.

Block trainer
According to the new definition, they are no longer saved ... A doublespent could change the reference retrospectively.


HusQy
That's not quite true. The tangle itself contains all information for all eternity and you cannot remove any information. Once the data has reached a certain age, it is no longer stored by every node in the network. But you can still ...

... still prove what happened in the part of the tangle that was "forgotten" by the nodes after a certain time. Now there are two ways to keep this evidence: 1. You save the evidence personally and can present it at any time. 2. Man ...​​

... writes a plug-in for the node, which monitors the Tangle for information of a certain type and keeps a copy of all car purchase-related data forever (or for at least 30 years, for example). All dealerships could then install this plugin and ...

... jointly store this data decentrally in order to query the information if necessary. However, you would only selectively save the data that interests you. The evidence they produce can still be verified by any node on the network.​​

If the server of a car dealership fails, it can download the data again from one of the other dealerships. Quasi like an application-related private blockchain which is secured by the Tangle. It is also conceivable that there are service providers for this ...

----------------------------------------------------------------------------------


HusQy
Data is only kept immutable. How do you intend to execute a token transaction over pure data? I'm simply sending the following two data transactions at the same time: 1. I'm sending $ 100 from address A to address B. 2. I'm sending $ 100 from address A to address C.


HusQy
In order to determine which transaction is successful / came first, you need consensus. Data transactions do not allow token transfer.


Block trainer
Why doesn't that allow token transfer? I can simply use it to sign my values. The question is about the meaning of the token. I can also sign that I have transferred € 10 for the petrol station. Or I transmit the proof via curled BTC ...


HusQy
Did I just describe you can publish two conflicting data transactions and no one knows which is the correct one: P


Block trainer
Unless you agree on a consensus. Time stamp + BTC (locked) in hash = value transmitted ... What else is the IOTA token for?


HusQy
Whether information is correct can only be seen in the context. Take a look at the difference between "data" and "information". For example, you can claim that you locked Bitcoin even though it didn't.


Block trainer
I may need a proof of this. See how, for example, BTC is unlocked in liquid or in the LN. The IOTA data layer is extremely similar to the principle of Lightning. Accordingly, the sending of tokens would be possible here, which means that I see the use case of the IOTA coin at risk


HusQy
Such a proof is impossible. The reason why this works with LN nodes is because LN nodes are Bitcoin nodes that know what is happening in the Bitcoin network and have "information" and not just "data": P What you are describing is technically impossible.


Block trainer
Data = information What can the LN not, what IOTA can sometimes?


HusQy
That's not rubbish. There is a huge difference between data and information, and inter-chain transactions are not possible because of that very difference. LN won't work - there are too many game theory problems: P​

--------------------------------------------------------------------------------------------

Dominik Schiener
There is more tech maturity, more adoption and more progress than ever. We are one of the only projects which gets funding from government grants and corporations. Stop the attention grabbing headlines and get your sources right.


Dominik Schiener
As an innovation leader in Europe, I certainly say we deserve to get grants. There is a below 7% success chance usually. And yes, everything is fully audited (by externals ofc), showing clearly how and that the money was used in achieving the milestones of the grant.

----------------------------------------------------------------------------------------------------------------------------------
submitted by btlkhs to Iota [link] [comments]

Not sure why this wasn't posted before: Olaf Carlson on Eth's crazy gas situation. DeFi choked every Dapp sector out, but Polkadot welcomes them.

For any new guys, Olaf Carlson runs the biggest crypto VC fund, Polychain Capital. He is bullish on Polkadot.
https://www.youtube.com/watch?v=92Bx7otttNY&t=2975s
Text:
Interviewer - "Let's talk about the fee issue on Ethereum. At the moment a simple trade on Uniswap can cost something like $40 and more complex transactions for yield farming are even more expensive. Do you think Ethereum will scale in time to retain all its market share in DeFi considering that the explosion is already here and already pushing Ethereum's limits?"
Olaf - "In short, I don't think it will be able to scale fast enough. Whether that just slows down the market or whether aspects of the market go to other chains its too early to say. DeFi is very exciting for Ethereum but in a weird way is actually really really bullish in my mind for systems like Polkadot or Dfinity that are from an engineering perspective just candidly far ahead of Ethereum. They don't have the network effects, users, wallet installs, or anything that Ethereum has, but Polkadot is live and working and scalable right now, today. And so I do think we'll see a lot of DeFi migrate from Ethereum to Polkadot in maybe the short term. Long term I'm hopeful that Ethereum can scale and upgrade and change. But that all said, what's much more exciting to me about these new systems launching that have either better scalability features or like Web Assembly or WASM based virtual machine compatibility so you can write programs in many different programming languages all of these sorts of features are exciting not just to narrowly compete in DeFi. It's exciting to me because it will enable new types of applications that simply aren't possible on Ethereum today. Much in the way that Ethereum enabled all sorts of applications that weren't possible on bitcoin. Today we know that what's exciting about Ethereum is not that it narrowly competes with bitcoin's value proposition but rather expanded the scope of what was possible for the entire crypto universe. And we got things like stablecoins, things like lending contracts, ICOs, DeFi. And I think that systems like Polkadot are going to once again expand the universe of what is possible. Its not a zero sum game where its narrowly like which chain is gonna win DeFi. I think that's a very myopic view and it shows a lack of imagination about how many different types of applications these smart contract type structures will affect. So I'm very optimistic about scalability across the entire ecosystem but I'm less confident about the short term timeline of Ethereum. I just think that DeFi is moving way faster - like by over ten times at least - maybe closer to 50 or 100 times faster than Ethereum core protocol development. And I see no reason for that to change. I don't think Ethereum core protocol development has ever been fast and I don't see any reason to think that it will get faster. And DeFi has always been fast and I don't see any reason that it will get slower. So you add that combination of factors and yeah I do think that you will see applications migrating to more scalable chains. [...] I'm having conversations now with teams that have yet to launch on Ethereum that are saying should we launch on Ethereum or should we launch on another chain? Because the fee situation is completely - its really bad - like I don't think... it's not like this is a bump in the road. It is existential for the entire landscape of applications we're talking about. Right now you have to be transacting at least a thousand dollars per transaction for any of this to make sense from a fee perspective. And I would say that's the absolute baseline [...] more realistically you have to be using five or ten thousand dollars to really accept the kind of fees we're talking about. And a lot of people are using five or ten thousand dollars but obviously that's pricing a huge number of people out of this market."
Some examples:
Due to insane gas prices, Trial of the Gods card minting and trading will be deferred until the release of Immutable X
I tried to buy 2 cards, worth $0.24 each. After gas, my transaction is $6.80!
Hi, new player using Metamask to buy a couple dollars worth of cards on the marketplace, but everytime the gas price is something of >$15.
$25 fee to buy a $2 card
$50 transaction fee to roll the dice
Minimum bet is now 3 ether to reduce gas cost as a %
Overall, all the fees came up to about $140. Fees for Coinbase was about $2 and the fee to create the bet was like $130
Some dapps like God's Unchained and Augur are looking into L2 solutions, but those come with massive risks from a company perspective. See the Lightning Network's astounding lack of adoption as the primary example. Other dapps are just calling it quits:
Incorrect Assumption #2: Scalability wouldn’t be a problem This was an explicit assumption in our presentations: usability was more important than scalability, and given that there were so many deployed L2 solutions on the market (like xDai), as soon as scalability became a problem we would all move there. This turned out a deadly assumption: as soon as we had our email sign-in solution ready, gas fees on Ethereum made the whole process unworkable.
Reading between the lines: Even if L2 solutions were perfect today, most (non DeFi) dapps are still dead if they stay on Ethereum. Users need to pay upwards of $20 to enter and exit that L2, and I'm not sure if that's changing anytime soon. Gas fees are just not viable for the vast majority of dapps until Eth 2.0, and the part of Eth 2.0 that brings scalability is not happening until 2023~
submitted by redditsucks_goruqqus to polkadot_market [link] [comments]

Bitcoin Price Prediction 2021

Bitcoin Price Prediction 2021
What is Bitcoin (BTC)?
Bitcoin is the first decentralized digital currency. Basically, Bitcoin is a peer-to-peer payment system that is not tied to the economy of any country or to the central bank. All actions to issue new coins, process payments, and create accounts are done by equal, independent network participants. Bitcoin uses cryptographic methods to ensure the functioning and protection of the system, but at the same time, all information about transactions is documented on a virtual ledger called the Bitcoin blockchain, which is accessible for everyone to see.
Nowadays Bitcoin is the most famous cryptocurrency in the world and the number one digital currency by market capitalization.
by StealthEX

Bitcoin achievements and future plans

The latest most impactful news from around Bitcoin were the following:
• Bitcoin halving took place on May 11, 2020.
• Bitcoin developers move forward protocol enhancements through soft forks and activating Taproot.
• Bitcoin is the most popular cryptocurrency investment for companies. MicroStrategy, a publicly-listed U.S. invested $425 million in Bitcoin. Square reportedly invested 1% of its portfolio into BTC, demonstrating strength in its long-term growth.
• According to Chainalysis 11.4M Bitcoin are held as long term investment.
• At block height 642,034 on August 3, a billion-dollar transaction took place where it only cost a small amount of 80 cents (0.0008034 BTC at 129.6 sat/vB).
• Over $300,000 in bitcoin grants being raised to support open source development and seeing bitcoin out-perform the price of gold by 100% so far this year.
There is no official roadmap of the Bitcoin project. But according to the official Twitter of the Bitcoin Core developer – John Newbery, in the near future, the Bitcoin team will focus on the Lightning Network. The Lightning teams working on c-lightning (Blockstream), Eclair (ACINQ), LND (Lightning Labs) and Rust Lightning will continue to develop the protocol.

Bitcoin Price History

Source: CoinMarketCap, Data was taken on 15 October 2020 by StealthEX
Current Price $11,403.37
Market Cap $211,161,902,513
Volume (24h) $25,189,472,156
Market Rank #1
Circulating Supply 18,517,493 BTC
Total Supply 18,517,493 BTC
7 Day High / Low $11,698.47 / $10,569.82

Experts Price Predictions

Bloomberg Intelligence

Blomberg analytics says that Bitcoin’s foundation is firming for further price advances.
“Considering normal maturation, about double the time frame from $1,000 to $10,000 would come in around 2025, for Bitcoin to potentially add another zero.”

Mike Novogratz

Mike Novogratz (CEO of crypto merchant bank Galaxy Digital) hopes that BTC will reach $20,000 highs by the end of 2020.
“This is the year of Bitcoin and if it doesn’t go up now by the end of the year, I might just hang my spurs.”

John McAfee

An entrepreneur John McAfee has attracted public’s attention with his bizarre Bitcoin price predictions for the year 2020.
Twitter, by StealthEX
At the beginning of October 2020, McAfee got arrested for tax evasion charges, so the crypto community probably will not see the end of this bet.

Tone Vays

Famous derivatives trader and consultant, Tony Vays during an interview with IGTV noted his thoughts for BTC price:
“Do we think we go as high as $100,000? I’m not willing to make that statement. For me, I would be happy if the next top was around $45,000, and that can happen quickly.”

Anthony “Pomp” Pompliano

The co-founder of Morgan Creek Digital Assets, Anthony “Pomp” Pompliano is sure that Bitcoin will continue to grow.
“You know there are people who debate what the size of the gold market is but let’s just use easy numbers. Let’s say that it’s $8 trillion. That puts Bitcoin at, depending on how many are lost or stolen, $400,000 to $450,000 today. Do you think that Bitcoin is going to be the equivalent of the gold market? I don’t. It’s better. It’s going to capture more market.”

Bitcoin Technical Analysis

Source: Tradingview, Data was taken on 15 October 2020 by StealthEX

Bitcoin Price Predictions

TradingBeasts BTC forecast

By the beginning of December 2020 BTC price will be $10,271.457 (-9.23%) per coin. TradingBeasts analytics thinks that by end of the year 2021 the maximum BTC price will reach $13,969.59 (+22.51%), while the minimum price could be $9,499.322 (-16.69%) per coin.

Wallet Investor Bitcoin price prediction

According to the Wallet Investor Forecast System, BTC is a good long-term investment. By the end of December 2020 Bitcoin could reach a maximum price of $15,339.20 (+34.51%) while by the end of 2021 its price can be $16,691.80 (+46.38%) per coin.
So, is it profitable to invest in Bitcoin? According to Wallet investor forecast, the long-term earning potential can reach +12.47% in one year.

DigitalCoinPrice BTC price prediction

Based on DigitalCoinPrice forecast Bitcoin is a profitable investment.The BTC average price may grow up to $26,263.42 (+130.31%) till the end of December 2020. While by end of the next year the its average price will be around $23,736.09 (+108.15%).

CoinPriceForecast Bitcoin forecast

CoinPriceForecast thinks that Bitcoin price at the end of 2020 will be around $11,495 (+0.8%). By the end of 2021 BTC price will reach $15,603 (+36.83%) per coin.
As you can see there are a lot of Bitcoin price predictions, but no one knows for 100 % what will happen with its price. One thing is for sure – if you are looking for the best platform to exchange cryptocurrency – StealthEX is here for you.

How to buy Bitcoin at StealthEX

BTC is available for exchange on StealthEX with a low fee. Follow these easy steps:
✔ Choose the pair and the amount for your exchange. For example, ETH to BTC.
✔ Press the “Start exchange” button.
✔ Provide the recipient address to which the coins will be transferred.
✔ Move your cryptocurrency for the exchange.
✔ Receive your BTC coins!
Follow us on Medium, Twitter, Facebook, and Reddit to get StealthEX.io updates and the latest news about the crypto world. For all requests message us via [email protected]
The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.
Original article was posted on https://stealthex.io/blog/2020/10/15/bitcoin-price-prediction-2021/
submitted by Stealthex_io to StealthEX [link] [comments]

RESEARCH REPORT ABOUT ARYACOIN

RESEARCH REPORT ABOUT ARYACOIN
Author: Gamals Ahmed, CoinEx Business Ambassador

https://preview.redd.it/a7jv4azk86u51.jpg?width=1600&format=pjpg&auto=webp&s=e4a4dbb5afacd5747076beaa59e6343b805c3392

ABSTRACT

Aryacoin is a new cryptocurrency, which allows for decentralized, peer to peer transactions of electronic cash. It is like Bitcoin and Litecoin, but the trading of the coin occurs on sales platforms that have no restriction to use. Further, it was created with the goal of addressing the double spend issues of Bitcoin and does so using a timestamp server to verify transactions. It works by taking the hash of a block of items to be timestamped and widely publishing the hash. The timestamp proves that the data must have existed at the time in order to get the hash. Each timestamp then includes the previous timestamp in its hash, forming a chain.
The Aryacoin team is continuously developing new use cases for the coin, including exchanges where users can exchange the coins without any fees or restrictions, and offline options where the coins can be bought and sold for cash. The coins can also be used on the company’s other platform, mrdigicoin.io. Along with the coin, there is a digital wallet that can be created and controlled by the user entirely, with no control being retained by the Aryacoin team.

1.INTRODUCTION

The concept of Blockchain first came to fame in October 2008, as part of a proposal for Bitcoin, with the aim to create P2P money without banks. Bitcoin introduced a novel solution to the age-old human problem of trust. The underlying blockchain technology allows us to trust the outputs of the system without trusting any actor within it. People and institutions who do not know or trust each other, reside in different countries, are subject to different jurisdictions, and who have no legally binding agreements with each other, can now interact over the Internet without the need for trusted third parties like banks, Internet platforms, or other types of clearing institutions.
When bitcoin was launched it was revolutionary allowing people to transfer money to anytime and anywhere with very low transaction fees . It was decentralized and their is no third party involved in the transaction , only the sender and receiver were involved.
This paper provide a solution to the double-spending problem using a peer-to-peer distributed timestamp server to generate computational proof of the chronological order of transactions.The system is secure as long as honest nodes collectively control more CPU power than any cooperating group of attacker nodes. Bitcoin was made so that it would not be controlled or regulated but now exchanges and governments are regulating bitcoin and other cryptocurrencies at every step. Aryacoin was developed to overcome these restrictions on a free currency.
Aryacoin is a new age cryptocurrency, which withholds the original principle on which the concept of cryptocurrency was established. Combining the best in blockchain technology since the time of its creation, Aryacoin strives to deliver the highest trading and mining standards for its community.

1.1 OVERVIEW ABOUT ARYACOIN

Aryacoin is a new age cryptocurrency, which withholds the original principle on which the concept of cryptocurrency was established. Combining the best in blockchain technology since the time of its creation, Aryacoin strives to deliver the highest trading and mining standards for its community.
Aryacoin is a blockchain based project that allows users to access their wallet on the web and mobile browsers, using their login details.
Aryacoin can be mined; it also can be exchanged by other digital currencies in several world-famous exchanges such as Hitbtc, CoinEx, P2pb2b, WhiteBit, Changelly and is also listed in reputable wallets such as Coinomi and Guarda.
Aryacoin is a coin, which can be used by anyone looking to use cryptocurrency which allows them to keep their privacy even when buying/selling the coin along with while using the coin during transactions. Proof of work and cryptographic hashes allows transactions to verified.
Stable Fee Per AYA is a unique feature of Aryacoin, so by increasing the amount or volume of the transaction, there is no change in the fee within the network, which means that the fee for sending an amount less than 1 AYA is equal to several hundred million AYA. Another unique feature of Aryacoin is the undetectability of transactions in Explorer, such as the DASH and Monero, of course, this operation is unique to Aryacoin.
Using Aryacoin digital currency, like other currencies, international transactions can be done very quickly and there are no limitations in this area as the creators claim.
Aryacoin aims to allow users to access the Aryacoin wallet via the web and mobile browsers using their login details.
Aryacoin is a peer-to-peer electronic cash system that enables users to send and receive payments directly from one party to another, and allow them to transfer funds across borders with no restriction or third party involvement. The blockchain-based system embraces the digital signature, which prevents double spending and low transfer fees, which enables users to transfer huge amounts with very low fees. The proof-of-work consensus mechanism allows each transaction to be verified and confirmed, while anonymity enables users to use the coin anywhere at any time.
According to the website of the operation, each wallet is divided into 2 or more AYA wallet addresses for each transaction, and depending on the volume of the transaction block, the origin, and destination of transactions in the network can not be traced and displayed to the public.
In fact, each wallet in Aryacoin consists of a total of several wallets. The number of these wallets increases per transaction to increase both security and privacy. Aryacoin also uses the dPoW protocol. In the dPoW protocol, a second layer is added to the network to verify transactions, which makes “51% attack” impossible even with more than half of the network hash, and blocks whose Blockchain uses this second layer of security never run the risk of 51% attacks.
AYA has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by
first buying Bitcoin from any large exchanges and then transfer to the exchange that offers to trade this coin.

1.1.1 ARYACOIN HISTORY

Aryacoin (AYA) is a new cryptocurrency, which has been created by a group of Iranian developers, is an altcoin which allows for decentralised, peer to peer transactions of electronic cash without any fees whatsoever. Along with the coin, there is a digital wallet that can be created and managed by the user entirely, with no control being retained by the Aryacoin team.
Aryacoin’s founder, Kiumars Parsa, has been a fan of alternative currencies and particularly Bitcoin.
We see people from all around the world using Blockchain technology and the great benefits that came with it and it then that I decided to solve this puzzle for find a way of bringing the last missing piece to the jigsaw. The idea for Aryacoin was born.” Parsa said.
Parsa and his team of Iranian ex-pats not only persevered but expedited the project and just a year later, in the summer of 2019, the first version of Aryacoin was released. In 2020, Aryacoin is the first and only Iranian coin listed on CMC.
Parsa goes on to state that it is now the strength of the community that has invested in the coin that will ultimately drive its success, alongside its robust technology and appealing 0% network fees.
We have thousands of voices behind Aryacoin. People for the people make this coin. It is a massive shout out for democracy. This had made us base the whole team strategy on the benefits for both our users and our traders.
One key example is that the network fee on AYA Blockchain is 0%. Yes, absolutely nothing, which which differentiates us from other networks. What also differentiates us from other coins is that we have AYAPAY which is the first cryptocurrency Gateway in the world which does not save funds on third party storage with all funds being forwarded directly to any wallet address that the Gateway owner requests”.
So for the first time ever, and unlike other gateways, incoming funds will be saved on the users account with submitted withdrawal requests then made on the Gateway host website. In AYAPAY which has also been developed by the Aryacoin team, all funds without extra fees or extra costs will directly forwarded to users wallets. We have named this technology as CloudWithdrawal.
We are continuously challenging ourselves as it is a crowded marketplace. We are striving to have a safer Blockchain against 51% attacks, faster confirmations speeds of transactions, cheaper network fee, growing the market by cooperation with Top tier Exchangers.

1.1.2 ARYACOIN’S MAIN GOAL

Aryacoin’s main goal is to educate people and give them the freedom to use cryptocurrency in any way they want. Aryacoin empowers the users to transfer, pay, trade cryptocurrency from any country around the globe.
Platforms that have been created by Aryacoin Team, as well as those that will go live in future, operate on the same principle and exclude absolutely no one.

1.1.3 PROBLEM ARYACOIN SEEKS TO SOLVE

Aryacoin aims to provide a long-term solution to the problem of double spending, which is still common in the crypto market. The developers of the system have created a peer-to-peer distributed timestamp server that generates computational proof of the transactions as they occur.
Besides, the system remains secure provided honest nodes control more CPU power than any cooperating group of attacker nodes. While Bitcoin was designed not to be regulated or controlled, many exchanges and governments have put regulatory measures on the pioneer cryptocurrency at every step. Aryacoin aims to overcome these restrictions as a free digital currency.

1.1.4 BENEFITS OF USING ARYACOIN

Aryacoin solution offers the following benefits:
  • Real-time update: whether you’re going on a holiday or a business trip, no problem. You can access your coins all over the world.
  • Instant operations: Aryacoin makes it quite easy for you to use your digital wallet and perform various operations with it.
  • Safe and secure: all your data is stored encrypted and can only be decrypted with your private key, seed, or password.
  • Strong security: The system has no control over your wallet. You are 100% in charge of your wallet and funds.

1.1.5 ARYACOIN FEATURES

1. Anonymity
The coin provides decent level of anonymity for all its users. The users can send their transactions to any of the public nodes to be broadcasted , the transaction sent to the nodes should be signed by the private key of the sender address . This allows the users to use the coin anywhere any time , sending transactions directly to the node allows users from any place and country .
2. Real Life Usage
aryacoin’s team is continuously developing new and innovative ways to use the coins , they are currently developing exchanges where the users can exchange the coins without any fees and any restrictions . They also are currently developing other innovative technologies, which would allow users to spend our coins everywhere and anywhere.
3. Offline Exchanges
They are also working with different offline vendors which would enable them to buy and sell the coins directly to our users on a fixed/variable price this would allow easy buy/sell directly using cash . This would allow the coins to be accessible to users without any restrictions which most of the online exchanges have, also increase the value and number of users along with new ways to spend the coin. This would increase anonymity level of the
coin. In addition, introduce new users into the cryptomarket and technology. Creating a revolution, which educates people about crypto and introduce them to the crypto world, which introduces a completely new group of people into crypto and a move towards a Decentralized future!
4. Transactions
When it comes to transactions, Aryacoin embraces a chain of digital signatures, where each owner simply transfers the coin to the next person by digitally signing a hash of the previous transaction and the public key of the next owner. The recipient can then verify the signatures to confirm the chain of ownership. Importantly, Aryacoin comes with a trusted central authority that checks every transaction for double spending.
5. Business Partner with Simplex
Aryacoin is the first and only Iranian digital currency that managed to obtain a trading license in other countries.
In collaboration with the foundation and financial giant Simplex, a major cryptocurrency company that has large companies such as Binance, P2P, Changelly, etc. Aryacoin has been licensed to enter the world’s major exchanges, as well as the possibility of purchasing AYA through Credit Cards, which will begin in the second half of 2020.
Also, the possibility of purchasing Aryacoin through Visa and MasterCard credit cards will be activated simultaneously inside the Aryacoin site. plus, in less than a year, AYA will be placed next to big names such as CoinCapMarket, Coinomi, P2P, Coinpayments and many other world-class brands today.

1.1.6 WHY CHOOSE ARYACOIN?

If you want to use a cryptocurrency that allows you to keep your privacy online even when buying and selling the coins, the Aryacoin team claims that AYA is the way to go. Aryacoin is putting in the work: with more ways to buy and sell, and fixing the issues that were present in the original Bitcoin, plus pushing the boundaries with innovative solutions in cryptocurrencies. You can get started using Aryacoin (AYA) payments simply by having a CoinPayments account!

1.1.7 ARYANA CENTRALIZED EXCHANGE

Aryana, the first Iranian exchange is a unique platform with the following features:
  • The first real international Persian exchange that obtains international licenses and is listed in CoinMarketCap.
  • The first Iranian exchange that has been cooperating with a legal and European exchange for 3 years.
  • The possibility of trading in Tomans (available currency in Iran) at the user’s desired price and getting rid of the transaction prices imposed by domestic sites inside Iran.
  • There is an internal fee payment plan by Iranian domestic banks for depositing and withdrawing Tomans for Aryacoin holders in Aryana Exchange.
  • The number that you see on the monitor and in your account will be equal to the number that is transferred to your bank account without a difference of one Rial.
  • The last but not least, noting the fact that there is a trading in Tomans possibility in Aryana exchange.
Aryana Exchange is using the most powerful, fastest, and most expensive server in the world, Google Cloud Platform (GCP), which is currently the highest quality server for an Iranian site, so that professional traders do not lag behind the market even for a second.
The feature of Smart Trading Robots is one of the most powerful features for digital currency traders. Digital cryptocurrency traders are well aware of how much they will benefit from smart trading robots. In the Aryana exchange, it is possible to connect exchange user accounts to intelligent trading bots and trade even when they are offline.
The injection of $ 1 million a day in liquidity by the WhiteBite exchange to maintain and support the price of Tether and eliminate the Tether fluctuations with Bitcoin instabilities used by profiteers to become a matter of course.

1.1.8 HOW DOES ARYACOIN WORK?

Aryacoin (AYA) tries to ensure a high level of security and privacy. The team has made sure to eliminate any trading restrictions for the network users: no verification is required to carry out transactions on AYA, making the project truly anonymous, decentralized, and giving it a real use in day-to-day life. The Delayed-Proof-of-Work (dPoW) algorithm makes the Aryacoin blockchain immune to any attempts of a 51% attack. AYA defines a coin as a chain of digital signatures — each owner transfers the coin to the next owner by digitally signing the hash of the previous transaction and the public key of the next owner, and the receiver verifies the signatures and the chain of ownership.

2. ARYACOIN TECHNOLOGY

2.1 PROOF-OF-WORK

They use a proof-of-work system similar to Adam Back’s Hashcash to implement a distributed timestamp server on a peer-to-peer basis, rather than newspaper or Usenet publications. The proof-of-work involves scanning for a value that when hashed, such as with SHA-256, the hash begins with a number of zero bits. The average work required is exponential in the number of zero bits required and can be verified by executing a single hash.
For their timestamp network, they implement the proof-of-work by incrementing a nonce in the block until a value is found that gives the block’s hash the required zero bits. Once the CPU effort has been expended to make it satisfy the proof-of-work, the block cannot be changed without redoing the work. As later blocks are chained after it, the work to change the block would include redoing all the blocks after it.
The proof-of-work also solves the problem of determining representation in majority decision making. If the majority were based on one-IP-address-one-vote, it could be subverted by anyone able to allocate many IPs. Proof-of-work is essentially one-CPU-one-vote. The majority decision is represented by the longest chain, which has the greatest proof-of-work effort invested in it. If honest nodes control a majority of CPU power, the honest chain will grow the fastest and outpace any competing chains. To modify a past
block, an attacker would have to redo the proof-of-work of the block and all blocks after it, then catch up with, and surpass the work of the honest nodes.

2.2 NETWORK

The steps to run the network are as follows:
  • New transactions are broadcast to all nodes.
  • Each node collects new transactions into a block.
  • Each node works on finding a difficult proof-of-work for its block.
  • When a node finds a proof-of-work, it broadcasts the block to all nodes.
  • Nodes accept the block only if all transactions in it are valid and not already spent.
This is a very simple system that makes the network fast and scalable, while also providing a decent level of anonymity for all users. Users can send their transactions to any of the public nodes to be broadcast, and the private key of the sender’s address should sign any transaction sent to the nodes. This way, all transaction info remains strictly confidential. It also allows users to send transactions directly to the node from any place at any time and allows the transferring of huge amounts with very low fees.

2.3 AYAPAY PAYMENT SERVICES GATEWAY:

According to creators Aryacoin, the development team has succeeded in inventing a new blockchain technology for the first time in the world, which is undoubtedly a big step and great news for all digital currency enthusiasts around the world.
This new technology has been implemented on the Aryacoin AYAPAY platform and was unveiled on October 2. AYAPAY payment platform is the only payment gateway in the world that does not save money in users’ accounts and transfers incoming coins directly to any wallet address requested by the gateway owner without any additional transaction or fee.
In other similar systems or even systems such as PayPal, money is stored in the user account.

2.4 CONSENSUS ALGORITHM IN ARYACOIN

The devs introduced the Delayed-Proof-of-Work (dPoW) algorithm, which represents a hybrid consensus method that allows one blockchain to take advantage of the security provided by the hashing power of another blockchain. The AYA blockchain works on dPoW and can use such consensus methods as Proof-of-Work (PoW) or Proof-of-Stake (PoS) and join to any desired PoW blockchain. The main purpose of this is to allow the blockchain to continue operating without notary nodes on the basis of its original consensus method. In this situation, additional security will no longer be provided through the attached blockchain, but this is not a particularly significant problem. dPoW can improve the security level and reduce energy consumption for any blockchain.

2.5 DOUBLE-SPEND PROBLEM AND SOLUTION

One of the main problems in the blockchain world is that a receiver is unable to verify whether or not one of the senders did not double-spend. Aryacoin provides the solution, and has established a trusted central authority, or mint, that checks every transaction for double-spending. Only the mint can issue a new coin and all the coins issued directly from the mint are trusted and cannot be double-spent. However, such a system cannot therefore
be fully decentralized because it depends on the company running the mint, similar to a bank. Aryacoin implements a scheme where the receiver knows that the previous owners did not sign any earlier transactions. The mint is aware of all transactions including which of them arrived first. The developers used an interesting solution called the Timestamp Server, which works by taking a hash of a block of items to be ‘timestamped’ and publishing the hash. Each timestamp includes the previous timestamp in its hash, forming a chain. To modify a block, an attacker would have to redo the proof-of-work of all previous blocks, then catch up with, and surpass the work of the honest nodes. This is almost impossible, and makes the network processes more secure. The proof-of-work difficulty varies according to circumstances. Such an approach ensures reliability and high throughput.

3. ARYACOIN ROADMAP

April 2019: The launch of Aryacoin; AYA ICO, resulting in over 30BTC collected
December 2019: The launch of AYA Pay
April 2020: The successful Hamedan Hardfork, supported by all AYA exchanges, aimed at integrating the dPoW algorithm, improving the security of the AYA blockchain.
June 2020: Aryana Exchange goes live, opening more trading opportunities globally
July 2020: The enabling of our Coin Exchanger
November 2020: The implementation of Smart Contracts into the Aryacoin Ecosystem
Q1 2021: Alef B goes live (more details coming soon)

4. THE NUCYBER NETWORK COMMUNITY & SOCIAL

Website: https://aryacoin.io/
Explorer: https://explorer.aryacoin.io/
Github: https://github.com/Aryacoin/Aryacoin
Twitter: 1.1k followers https://twitter.com/AryacoinAYA
Reddit: 442 members https://github.com/nucypher
Instagram: 3.8k followers https://www.instagram.com/mrdigicoin/ Telegram: 5.9k subscribers https://t.me/AYA_Global

5. SUMMARY

Aryacoin (AYA) is a new age cryptocurrency that combines the best of the blockchain technology and strives to deliver high trading and mining standards, enabling users to make peer-to-peer decentralized transactions of electronic cash. Aryacoin is part of an ecosystem that includes payment gateway Ayapay and the Ayabank. AYA has a partnership with the Microsoft Azure cloud platform, which provides the ability to develop applications and store data on servers located in distributed data centers. The network fee for the AYA Blockchain is 0%. In Ayapay service, which has been developed by the Aryacoin team, all funds without extra fees or costs are directly forwarded to users’ wallets with technology called CloudWithdrawal. The devs team is introducing new use cases including exchanges where users will exchange AYA without any restrictions. You can buy AYA on an exchange of your choice, create an Aryacoin wallet, and store it in Guarda.

6. REFERENCES

1) https://coincodex.com/crypto/aryacoin/
2) https://www.icosandstos.com/coin/Aryacoin%20AYA/YuXO60UPF3
3) https://www.publish0x.com/iran-and-cryptocurrency/a-brief-introduction-of-aryacoin-first-ever-iranian-cryptocu-xoldlom
4) https://techround.co.uk/cryptocurrency/aryacoin-the-digital-currency-created-by-iranians/
5) https://bitcoinexchangeguide.com/aryacoin/
6) https://blog.coinpayments.net/coin-spotlight/aryacoin
7) https://guarda.com/aryacoin-wallet
submitted by CoinEx_Institution to Coinex [link] [comments]

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