Binance Pool Is Now the Largest Bitcoin SV Miner Bitcoin ...

CoinRollHunting: the hobby of searching change pulled from circulation for collectible coins

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Disperse big players and refuse to monopolize

Avoid the risk of smashing the stocks of large investors, diversify the account to reduce the risk
With the development of blockchain technology, it is no longer satisfied with only obtaining data on the chain. How to bridge the connection between the real world and the blockchain world has always been the direction of technological conquest, and the oracle plays this role. Especially with the popularity of the DeFi concept, the large-scale application of Oracle Machine (Oracle Machine) in financial derivatives trading platforms, gambling games, and prediction markets has made it a new track in the industry.
At present, the oracle project represented by EULER is operating well, continues to lead the trend of oracle development, and continues to consolidate the basic technical support for the DeFi revolution. Its already-online mining design is also refreshing.
EULER's platform pass EUCC, 90% of which is used for mining output, and the entire mining mechanism runs through the distributed oracle protocol, in which three roles are set up: data provider, data verifier, and arbitration node. And reward and punishment mechanism to ensure ecological operation.
How does EULER mine? Is it a new wealth code? What are the characteristics? With these questions, let us analyze the distribution mechanism, mining mechanism, and token value one by one.
The mining mechanism is fairer, and small and medium miners benefit more
Before talking about the mining mechanism of EUCC, we can look at the distribution of other tokens. The blockchain itself upholds fairness and justice, without permission, so that everyone in the network can participate. However, when we look at Bitcoin mining, it is now monopolized by several mining machine vendors such as Bitmain, and ordinary people cannot participate at all. If a PoW husband chain like Bitcoin has formed the head effect of mining, what about a relatively fair PoS type blockchain? Let's take Cosmos as an example. Since Binance joined its validator node, it has instantly ranked to the top with the strong financial strength and user base of the top exchange, and does not give small and medium nodes the slightest chance.
Looking back at the mining mechanism of EUCC, we can find that it is very friendly to ordinary users. Assuming that 6.3 million EUCCs are scattered to the accounts of 12 individuals, 8 of them hold 1 million, 1 person holds 99.9 million, and one person holds 5,299,800. Our income is related to the ranking. We give a flashback ranking of 12 people's currency holdings.
The staking ranking is based on the jump ranking weighting algorithm rather than the weighted average of the user staking amount. This is to avoid EUCC being controlled by a few people, avoid monopoly, and break up large users. Do your best to achieve a win-win situation in EULER's community.
Decentralized tokens create a closed loop: Euler platform currency EUCC flashback ranking reverse order weighting algorithm mechanism
The EUCC currency holding and promotion revenue is set through the reverse ranking weighting algorithm of the reverse order to achieve a small number of rows, and the best currency holding is the most ideal. Disperse large accounts, avoid the formation of monopoly, and at the same time encourage currency holding, encourage the whole network to increase the position to catch up, prevent EUCC from being controlled by a few wealthy people and market oligarchs and affect circulation, and use personal efforts to determine you to get promotion benefits while driving users Fission keeps the whole network dynamic.
Compared with other mining projects, EULER has introduced a unique flashback ranking weighting algorithm mechanism in the mining design, which provides a good mechanism guarantee for attracting more users to participate in mining, and it is also beneficial to data providers. Decentralization ensures the decentralization of the oracle system and well guarantees the positive development of the community.
submitted by EulerExLabs to u/EulerExLabs [link] [comments]

Themis (MIS) Launches Pledge Mining Platform, New Opportunity Occurs to Grow Wealth

Themis (MIS) Launches Pledge Mining Platform, New Opportunity Occurs to Grow Wealth
With the development of blockchain technology, obtaining data on the chain only is no longer satisfying and how to bridge the real world and the blockchain world has always been the direction of the technological breakthrough. Under this background, Oracle Machine came to our attention. In particular, with the popularity of the DeFi concept, the industry starts to witness a boom of the application of Oracle Machine in financial derivatives, trading platforms, gambling games, and prediction markets.
At present, Oracle Machine represented by Themis is developing fast with a good momentum, leading the trend of the development of Oracle Machine and continuing to consolidate the basic technical support for the DeFi revolution. Themis’ mining system has been launched in the market, which is refreshing and appealing (see https://themisoracle.com/#/credit for details on the Themis mining).
90% of MIS, the native token of Themis, will be used for mining output. The entire mining mechanism runs through a distributed oracle protocol, which sets up three roles: data provider, data validator, and arbitration node. Reward and punishment mechanisms are applied to ensure the smooth ecological operation.
How does Themis mining work? Is it a new way to become wealthy? What are the characteristics? To answer these questions, we need to analyse the distribution mechanism, mining mechanism, and token value of Themis.
With a fairer mining mechanism, small and medium-sized miners can enjoy better benefits
One of the core values of blockchain is fairness and justice, and allowing everyone in the network to play a role in the system without permission. However, Bitcoin mining is now monopolized by several mining machine vendors such as Bitmain, leaving little space for other miners to participate. If those old PoW public chains, such as Bitcoin, has formed the head effect in mining, what about those new projects? Let's take Cosmos as an example. Since Binance joined its validator node, it has instantly ranked top with the strong financial strength and user base of the top exchange, making the small and medium nodes hard to participate.
After comparison, we can find that the mining mechanism of MIS is very friendly to ordinary users. Assuming that there are 12 mining transactions in a block, the ranking according to the MIS pledged by each transaction would be as follow:
https://preview.redd.it/1kfccgps2pg51.png?width=832&format=png&auto=webp&s=bf6c7f614c600826006bc2bf8a6026292c3b328c
The pledge ranking is based on the jump ranking weighting algorithm rather than the weighted average of the user pledge amount, which can prevent MIS from being controlled by a small number of people, avoid monopoly, creating a win-win situation in the Themis community.

https://preview.redd.it/pme9tcd62pg51.png?width=832&format=png&auto=webp&s=049f899d2a5ee3ce64007d5cc0ae3ed6167c2b3a
Compared with other mining projects, Themis has introduced a unique pledge ranking method in the mining design. Users in the best ranking area will get the most benefits, which is a good mechanism guarantee for attracting more users to participate in mining. At the same time, it can lead to the decentralization of data providers, ensuring the decentralization of the oracle system and the positive development of the community.
How can miners join in Themis mining? The answer is to become a part of the ecology by playing the role of either data provider, data validator, or arbitration node.
The data provider is mainly responsible for providing various types of data, and the data validator verifies and challenges the data offered by the data provider and provides new data. The arbitration node arbitrates the query raised by the data validator and come up with the final result.
Both the data providers and validators of Themis need to pledge MIS to obtain the qualifications, and the caller of external data also needs to pay MIS assets when accessing the data of Themis oracles. If the data has been verified as correct, data providers and validators will receive mining rewards, and the more they pledge, the more rewards they will receive.
In the mining design of Themis, miners can acquire MIS by providing verifiable random number or offering the price of in-chain assets. Whenever miners call mining contracts, the system will charge no service fee (excluding the service fee of ETH). In addition, if no mining transaction occurs within a certain period of time, the first newly-emerging block containing mining transactions will acquire all the MIS rewards. In this way, miners can be encouraged to continue mining and maintain the ecological stability of Themis.
The number of MIS mining for each mining transaction of miners is calculated as follows:
First, calculate the number of MIS mining rewards N contained in the block of the packaged mining transaction. If the height difference between the block and the previous block containing the mining transaction is y, then N = y * 20.
The MIS mining quantity of this mining transaction is M, then M=Xi/(📷)×N. Among them, X is the ranking of the MIS pledge amount in the block, and those who pledge the same amount of MIS have the same ranking.
Few official pre-mining, while 90% belongs to the community
Based on the official announcement, the distribution of MIS is:
The total amount of MIS is 1 billion, 10% is reserved for early project promotion, the remaining 90% are produced by mining, in which 75% are directly awarded to data providers, 10% to developers, and 5% as reward for arbitration nodes and ecological incentive. The production of mining will be progressively decreased and released with ETH. For some current popular VC-invested projects, institutional holdings hold more than half of blocks and unlock the block every month, which is a huge stress for ordinary pledge users. Many projects also went wrong because institutional investors do not abide by the rules. For MIS, because there is fewer official pre-mining, the selling pressure will be smaller, which is more in line with the value of the blockchain.
The release plan of developer and arbitration node and ecological incentive is as follows:

https://preview.redd.it/nld8k8gb2pg51.jpg?width=926&format=pjpg&auto=webp&s=8c2435c993cf86b2bf6b0c4d2a1935708734de97
The release plan of data provider incentive is as follows:

https://preview.redd.it/kgia5n6d2pg51.jpg?width=982&format=pjpg&auto=webp&s=ad1bfe7796fdaec58f3caede2f2a2083c0a07724
The MIS awarded per block reduces by 10% in every 4 million blocks, and the reward per block at present is 20 MIS.
We can see that the allocation of MIS follows the following principles.
First of all, as MIS is the platform certificate of Themis, it is very reasonable to reserve 10% of MIS for early project promotion.
Secondly, 90% of MIS is produced through sustainable mining. This proportion can motivate contract users and miners to conduct contract mining, truly implementing the spirit of win-win community and token economy.
Finally, among the 90% of MIS, better incentive mechanisms have been adapted, mining reward ratios are subdivided, which can attract more investors to participate in mining.
Reasonable mining mechanism highlights the project value of Themis
Themis, as a public chain that provides a mechanism to solve the problems in Oracle Machine, has a unique charm in the value of MIS.
From the perspective of the number of tokens, the total amount of MIS is 1 billion, and the total mining pool is 900 million. 90% of the tokens are generated by mining, and the mining output gradually decreases its release with the Ethereum block, showing a great potential in its future added value. The earlier you participate in mining, the more profit you can gain.
From the perspective of Themis’s ecological design, Themis is committed to the original intention of building a price oracle. The data provider pays on-chain fees and pledges a certain amount of MIS, and determines the income obtained according to the scale of the pledge; the validator can make profit from challenging the data. Also, any smart contract developer or user need to pay the corresponding fee when calling Themis, and this part of the profit will be distributed to the data provider in proportion. Through this design, a logical closed loop is completed to ensure the healthy operation of the entire ecology and achieve the goal of mutual benefit. In Themis, all parties in the ecology can work together to grow more wealth.
In all, MIS has a huge potential for future development and arbitrage, and of course, a great profit potential as well.
Today, public chains like Themis are not just a technology platform, but also a symbol of future economic operation mode which connect between the blockchain and the real world. Themis, with a fair, justice and open network through mining, is building a strong token ecology, connecting external chain data and the systems, realising data interaction between blockchain and the real world, and more importantly, creating a new mode of token economy.
submitted by ThemisOracle to u/ThemisOracle [link] [comments]

Round up of Cryptocurrency News #3 Week 20/07 - 26/07

Pssst! Hey you. Scroll down for commentary!
Important/Notable/Highlights:
Special Mentions:
You haven't had enough news? Here is some more:
Speculation:
You made it! :)
First up, SORRY! This has been a late post, I have my reasons don't question them (if you must know I'll be posting in the discord - one time only haha). Secondly, I am sure you can agree with me when I say "Wow!" What an incredible week it has been. Last week I thought it was going to take a couple more weeks for more moving price action when it had only taken a few days which has seen Bitcoin reach and pass the $10,000 region. We have also seen the total Market cap for cryptocurrencies increase from about 280B to over 300B (308B at time of writing) within just a few days. A huge injection of liquidity, about 40B, into the market and just to name a few of the best rises in the top 20 (on Coinmarketcap.com), the price of ETH BTC ADA have given good performances/positive responses (With this I will start adding screenshots at the end of each week for timestamp purposes).
This may be a combination from Binance, Mastercard, Paypal, Grayscale investments, VISA AND the DEFI sector. Let me explain... Last week we read about Binance integrating with the company Swipe (SXP) to issue there own debit card expanding the use and reach of cryptocurrency to 31 countries within Europe. Binance's Q2 scheduled token burn of $60.5 Million, this figure correlates with its exchange, margin and futures trading platforms where approximately 20% of profits get burned to increase the price of BNB token (careful as the price has been steady after the burn).
This week we find out Mastercard's expansion into the Cryptosphere as they expand and integrate with the Wirex team to issue a Mastercard-backed Bitcoin debit card, thus further extending the reach of cryptocurrency availability internationally.
"The cryptocurrency market continues to mature and Mastercard is driving it forward, creating safe and secure experiences for consumers and businesses in today’s digital economy " "...Our work with Wirex and the wider crypto ecosystem is accelerating innovation and empowering consumers with more choice in the way they pay"
Mastercard is also reaching out to other emerging cryptocurrency firms to apply to become principal members [Partners] with Mastercard as they have relaxed their digital assets program and look to expand into the Digital Assets and Blockchain environment.
Paypals expression of interest in cryptocurrency facilitiation may bear fruits as it is said Paypal has partnered up with stablecoin operator Paxos (who is already in partnership with Revolut in the US) to facilitate trading through a cryptocurrency brokerage which will enable other firms to integrate cryptocurrency trading functionalities with them. In my opinion this looks much more promising than the Libra association they pulled out from last October as regulations.
Grayscale Investments clears regulatory hurdle as they have been given the green light for its Bitcoin Cash Trust (BCHG) and Litecoin Trust (LTCN) to be quoted in over-the-counter (OTC) markets by US Financial Industry Regulatory Authority (FINRA).
“The Trusts are open-ended trusts sponsored by Grayscale and are intended to enable exposure to the price movement of the Trusts’ underlying assets through a traditional investment vehicle, avoiding the challenges of buying, storing, and safekeeping digital Bitcoin Cash or Litecoin directly.”
More green lights for Cryptocurrency in the US as regulators allow banks to provide cryptocurrency custody services (which may go further than just custody services). A little bit strange as it seems unnecessary and undermines one of the key factors and uses of cryptocurrency which is to be in complete control of your own finances... On another outlook this may be bullish as it allows US banks to provide banking services directly to lawful cryptocurrency businesses and show support for Bitcoin.
Visa shows support stating they have a roadmap for their further expansion into the Crypto sphere. Already working with Crypto platform Coinbase and Fold they have stated they recognise the role of digital assets in the future of money. To be frank, it appears to be focused on stable coins, cost effectiveness and transaction speeds. However they are expanding their support for crypto assets.
AND MOST IMPORTANTLY, DeFI! Our very own growing section in crypto. Just like the 2017 ICO boom we are seeing exorbitant growth and FOMO into the Decentralised Finance sector (WBTC, Stablecoins, Yield farming, DEXs etc). The amount of active addresses on Ethereum has doubled but with the FOMO on their network have sky rocketed their fees! Large use-cases of stable coins such as USDT ($6B in circulation using ERC-20 standard), DAI, TUSD, and PAX. $114M Wrapped Bitcoin (WBTC) on their network acts as a fluid side chain for Bitcoin and DEX trade volume has touched $1.6B this month. With all this action happening on Ethereum I saw the 24HR volume surpass BTC briefly on Worldcoinindex.com
In other news, Bitcoin has been set as a new precedent in a US federal court in a case against Larry Dean Harmon, the operator of an underground trading platform Helix. Bitcoin has now legally been ruled as a form of money.
“After examination of the relevant statutes, case law, and other sources, the Court concludes that bitcoin is money under the MTA and that Helix, as described in the indictment, was an `unlicensed money transmitting business´ under applicable federal law.”
Quick news in China/Asia as floods threaten miners and the most dominant ASIC Bitcoin mining rig manufacturer Bitmain loses 10,000 Antminers worth millions alledgedly goes missing or "illegally transfered" with ongoing leadership dispute between cofounders.
Last but not least, Cardano (ADA) upgrade Shelley is ready to launch! Hardfork is initiated as final countdown clock is switched on. At time of writing the point of no return has been reached, stress tests done and confirmation Hardfork is coming 29/07 The Shelley Mainnet upgrade is a step toward fast, capable and decentralised crypto that can serve billions of people. With the Shelley Mainnet is ADA staking rewards and pools! Here is a chance for us Gravychainers to set up a small pool of our own. Small percentage of profits going into the development of the community, and you keep the rest!
If you read all of my ramblings thanks heaps! I appreciate it! I have added an extra piece of reading called speculation. Most you can speculate on by just reading the headline some others have more depth to them.
Another post next week for a weekly round up! Where do you think the market is going? What is in your portfolio? Let us know in the Gravychain Discord Channel
See you soon!
🍕 Bring some virtual pizza to share 🍕
Come have a chat, stimulate a discussion, ask a question or share some knowledge. We are all friendly crypto enthusiasts up for a chat, supportive and want to help each other with knowledge and investments!
Big thanks to our Telegram and My Crypto HQ for the constant news updates!
P.S.
Dr Seuss collectables on the blockchain HECK YEAH! and Bitcoin enters NASCAR, remember when Doge did this? it was like when Doge was trending on TikTok.
... Oh yeah did I also mention Steve Wozniak is suing Youtube, Google over rampant Bitcoin scams. Wait, what? Sydney based law firm JPB Liberty is suing Google, Facebook and Twitter for up to $300B. Just another day in the Cryptosphere.
submitted by IOTAbesomewhere to Gravychain [link] [comments]

White Paper, Miner, Pizza … | "Old Objects" in the Cryptocurrency Museum

White Paper, Miner, Pizza … |
https://preview.redd.it/giu1ssilga151.jpg?width=900&format=pjpg&auto=webp&s=41510785ccdc0d99544ec74229f62427d1c0ce3e
Museum has played the role of a time recorder. Talking about bitcoin, more than ten years has passed since the creation of it. Although it is uncomparable to the stock market with a hundred years of history, during the ten years, in the different stages of the development of bitcoin and blockchain have continuously poured in geeks, miners, speculators, newbies, leaving keywords such as sudden rich, myth, scam, belief, revolution, etc.
There are also many “old objects” with stories in the “Museum” of the cryptocurrency realm. On Museum Day, let ’s review the stories brought by these “old objects”.
The First Digital Currency White Paper — Bitcoin White Paper
On Oct. 31, 2008, Satoshi Nakamoto released the Bitcoin white paper — A Peer-to-Peer Electronic Cash System in the cryptographic mail group where he belongs, and Bitcoin was born since then.
A white paper is a document that explains the purpose and technology used in cryptocurrency. Usually a cryptocurrency uses the white paper to help people understand what it provides, and it is also an important information channel for investors to understand a project. Therefore, the level of the white paper affects people’s confidence towards the coin.
In a word, in the cryptocurrency and blockchain industry, the value of a white paper is equivalent to that of a standard financing speech. The white paper plays a vital role in this emerging market.
The First Public Bitcoin-Physical Transaction — Pizza
Since Satoshi Nakamoto mined the Bitcoin genesis block on January 3, 2009, Bitcoin has only been spread among the small crowd and has not realized its value.
Not until May 22, 2010, Bitcoin enthusiast “Laszlo Hanyecz” bought a pizza coupon worth $25 with 10,000 bitcoins. This is the first public bitcoin-physical transaction. Bitcoin has its price with 0.3 cents per bitcoin.


This day has also become the famous “Bitcoin Pizza Day” in Bitcoin history. Bitcoin as the imagination of the financial system has more practical significance. The tenth anniversary is coming. How will you commemorate it? Will you buy a pizza?
The First Digital Asset Exchange — Bitcoinmarket.com
After the birth of Bitcoin, in addition to mining, the only way to get Bitcoin in the early days was to conduct transactions on forums or IRC (commonly known as Internet Relay Chat). However, this method involves both long transaction time and great security risk.
In March 2010, the first digital asset exchange — Bitcoinmarket.com launched. However, due to lack of liquidity and transaction depth, it disappeared soon after its establishment, but Bitcoinmarket.com opened the era of the operation of the cryptocurrency realm exchange 1.0.


On June 9, 2011, China’s first Bitcoin exchange — Bitcoin China (BTCChina) launched. Its founder, Yang Linke, translated Bitcoin into Chinese “比特币” for the first time. In 2013, China’s bitcoin trading entered the golden age, and exchanges sprung up. China monopolized more than 90% of the world’s bitcoin transactions. Now, if the top three exchanges Binance, Huobi Global, OKEx are the Exchange 2.0, then the index exchange represented by 58COIN called the 3.0 version, leading the trend.
The First Generation of High-Performance Miner — ASIC Miner
When Satoshi Nakamoto created Bitcoin, the only way to get it is to use computers (including home computers) to mine, mainly relying on the CPU to calculate. However, as the value of digital currencies such as Bitcoin has become higher and higher, mining has become an industry with the competition is getting fiercer, accompanied by increasing difficulty of mining. Therefore, hardware performance competition starts.
In July 2012, the genius Jiang Xinyu (Internet nickname is “Friedcat”) from the junior class of the University of Science and Technology declared at the forum that he could make ASIC miners (chips). As far as mining computing power is concerned, ASICs can be tens of thousands or more higher than the same-generation CPUs and GPUs.
At the beginning of 2013, Zhang Nanqian (Pumpkin Zhang), a suspended doctoral student from the Beijing University of Aeronautics and Astronautics, developed the ASIC miner and named it “Avalon”.


In June 2013, the Friedcat’s miner USB was finally released, and it maintained 20% of the computing power of the entire network.
At the end of 2013, Wu Jihan, used the tens of millions yuan earned from Friedcat through investment, worked together with Jenke group, to develop the Antminer S1. Since then, the miner manufacturer Bitmain began to enter the stage of history.
It is no exaggeration to say that Friedcat and Zhang Nangeng have opened the domestic “mining” era.
The Birthplace of China’s Bitcoin — Garage Coffee
It is not only the “old objects” that record history, but also a place that everyone in the cryptocurrency realm aspires to.
Guo Hongcai once said, “Without no The Garage Café, there will be no cryptocurrency realm today. Since it is a very mysterious place that all waves of people from the café joint together to create today’s digital asset industry.

▲ In March 2013, American student Jake Smith successfully purchased a cup of coffee at The Garage Café with 0.131 bitcoins. This move attracted the attention of CCTV, and it conducted an interview.
Indeed, The Garage Café is the world ’s first entrepreneurial-themed coffee shop. It has been legendary since its establishment in 2011. The Garage Cafét is not only the core coordinate on China’s Bitcoin map, but also the birthplace of the Chinese cryptocurrency circle, where digital asset realm tycoons including Guo Hongcai, Zhao Dong, Li Xiaolai, Li Lin have made their ways.
The development of digital currency is only 11 years old. Through these “old objects”, we review the various stories of this wave of technology together, hoping to help you understand the development process of the digital currency field. Meanwhile, I also remind all practitioners to use history as a mirror and forge ahead.
Website: https://www.58ex.com/
Twitter: https://twitter.com/58_coin
Facebook: https://www.facebook.com/coin.58COIN
Telegram: https://t.me/official58
Medium: https://medium.com/@58coin_blog/
submitted by 58CoinExchange to u/58CoinExchange [link] [comments]

I'm trying to put together a list of what's coming out this year. Have this very simple list so far. Anyone care to add anything or suggest some better dates?

Latest News (most recent first) - Instant channels enable safe Lightning payments with unconfirmed funding Beta - Feb 10, 2019 - Voyager, New trading app from Uber & E-Trade execs announce launch date - Feb 9, 2019 - bumi/blockstream_satellite ruby gem for the Blockstream Satellite API - Feb 8, 2019 - New Zap Desktop 0.3.4 is out. New features, massive performance - Feb 8, 2019 - New release: @lightning desktop app v0.4.0-alpha - Feb 8, 2019 - valerio-vaccaro/Liquid-dashboard - Feb 7, 2019 - Japanese SBI Holdings will allow trading of coins - March 2019 - lnd v0.5.2-beta released - Feb 6, 2019 - Koala studios launches online LN gaming platform - Feb 6, 2019 - Independent Reserve has become the first #crypto exchange in Australia to be insured, with coverage underwritten by Lloyd's of London. - Feb 6, 2019 - Coinbase announces BTC support for their mobile (keep your own keys) wallet - Feb 6, 2019 - Blockstream published a new open source Proof of Reserves tool. - Feb 5, 2019 - RTL release v0.1.14-alpha - Feb 5, 2019 - dr-orlovsky/typhon-spec spec for new trestles side chain published - Feb 5, 2019 - Payment requests coming soon to BTCPay. - Feb 5th, 2019 - Kraken Acquires Futures Startup In Deal Worth At Least $100 Million - Feb 5th, 2019 - Next Blockchain cruise scheduled for June 9-13 - Feb 4, 2019 - Work on a GoTenna plugin to Electrum wallet in progress - Feb 4, 2019 - Bitcoin Candy Dispensers being open sourced - Feb 4, 2019 - New release of JoinMarket v0.5.3 - Feb 4, 2019 - Prime Trust won’t charge its clients to custody digital assets any longer. - Feb 4, 2019 - nodogsplash/nodogsplash wifi access using LN - Feb 3, 2019 - @tippin_me Receive tips using Lightning Network adds message feature - Feb 3, 2019 - Bitcoin-for-Taxes Bill in NH Unanimously Approved by House Subcommittee - Feb 3, 2019 - Full support for native segwit merged into bitcoinj - Feb 3, 2019 - Bitfury is partnering with financial services firm Final Frontier! - Feb 2, 2019 - Now you can open #LightningNetwork channels in @LightningJoule - Feb 2, 2019 - Integrating Blockstream’s Liquid payments on SideShift AI - Feb 1, 2019 - Wyoming legislature passes bill to recognize cryptocurrency as money - Feb 1, 2019 - Casa is open sourcing the code for the Casa Node - Feb 1, 2019 - Casa Browser Extension released - v0.5.2-beta-rc6 of lnd, full release getting very close now - Feb 1, 2019 - Tallycoin adds subscriptions and paywall features in bid to rival Patreon - Jan 31, 2019 - Static channel backup PR merged into LN - Jan 31, 2019 - The NYDFS grants another Bitlicense to ATM operator - Jan 31, 2019 - @pwuille currently proposing the “MiniScript” language to describe BTC output locking conditions for practical composition - Jan 31, 2019 - Fidelity is in the “final testing” phase for its new digital asset business - Jan 31, 2019 - Hardware wallet PR #109 just got merged so that @Trezor no longer requires user interaction for PIN - Jan 31, 2019 - CBOE, VanEck & SolidX filed a new & improved bitcoin ETF proposal. - Jan 31, 2019 - Casa Node code is now open sourced - Jan 31, 2019 - Next Bitoin halving in roughly 497 days - Jan 31, 2019 - BTCPay released 1.0.3.53 - Jan 31, 2019 - @binance now lets users purchase cryptos using Visa and Mastercard credit. - Jan 31, 2019 - Bitfury to Launch Bitcoin Operations in Paraguay - Jan 31, 2019 - Coinbase introduces very generous affiliate program - Jan 30, 2019 - DOJO Trusted Node bitcoin full node. Coming Early 2019 - Jan 30, 2019 - FastBitcoins.com Enables Cash-for-Bitcoin Exchange Via the Lightning Network - Jan 30, 2019 - TD Ameritrade says clients want cryptocurrency investment options - company plans major announcement in 'first half of 2019' - Jan 30, 2019 - Storage component of Fidelity's @DigitalAssets live, with some assets under management, @nikhileshde - Jan 29, 2019 - lightning mainnet has reached 600 BTC capacity - Jan 29, 2019 - Drivechain shows picture of Grin side chain and suggests might be ready in 2 month - Jan 29, 2019 - Lightning labs iOS neutrino wallet in testing stage now - Jan 29, 2019 - Aliant offering cryptocurrency processing free-of-charge - Jan 29, 2019 - Chainstone’s Regulator product to manage assets on the way - Jan 29, 2019 - Fidelity Investments’ new crypto custody service may officially launch in March. - Jan 29, 2019 - Gemini's becomes FIRST crypto EXCHANGE and CUSTODIAN to complete a SOC 2 Review by Deloitte - Jan 29, 2019 - Iran has lifted the ban on Bitcoin and cryptocurrency - Jan 29, 2019 - Confidential Transactions being added into Litecoin announcement - Jan 28, 2019 - http://FastBitcoins.com Enables Cash-for-Bitcoin Exchange Via the Lightning Network - Jan 28, 2019 - Germany’s largest online food delivery platform now accepts btc - Jan 27, 2019 - Launching a Bitcoin Developers School in Switzerland - Jan 27, 2019 - RTL release v0.1.13-alpha Lightning Build repository released - Jan 27, 2019 - The first pay-per-page fantasy novel available to Lightning Network. - Jan 27, 2019 - Numerous tools become available to write messages transmitted with Blockstream Satellite - Jan 26, 2019; - BTCPay 1.0.3.47 released - Jan 26,2019 - WordPress + WooCommerce + BTCPay Plugin is now live - Jan 25, 2019 - Juan Guaido has been promoting #Bitcoin since 2014 is new interim president of Venezuela - Jan 25, 2019 - Morgan Creek funds @RealBlocks - Jan 25, 2019 - Coinbase integrates TurboTax - Jan 25, 2019 - Robinhood received Bitlicense - Jan 25, 2019 - Anchor Labs launches custody - Jan 25, 2019 - NYSE Arca files w/ @BitwiseInvest for BTC ETF approval - Jan 25, 2019 - South Korea, Seoul, Busan & Jeju Island currently working to create pro crypto economic zones. - Jan 25, 2019 - valerio-vaccaro/Liquid-dashboard - Jan 25, 2019 - Bermuda to launch crypto friendly bank - Jan 25, 2019 - Mobile Bitcoin Wallet BRD Raises $15 Million, Plans for Expansion in Asia - Jan 25, 2019 - BullBitcoin rolling out alpha access of platform - Jan 25, 2019 - Electrum Wallet Release 3.3.3 - Jan 25, 2019 - Bitrefill, purchase Bitcoin and have it delivered directly over LN - Jan 25, 2019 - South Korean crypto exchange Bithumb looking to go public in USA - Jan 24, 2019 - Bitcoin Exchanges Don’t Need Money Transmitter Licenses in Pennsylvania - Jan 24, 2019 - US; New Hampshire Bill Aims to Legalize Bitcoin for State Payments in 2020 - Jan 24, 2019 - Robinhood, LibertyX Receive Licenses from New York Regulators - Jan 24, 2019 - Bakkt Bitcoin futures contract details released - Jan 24, 2019 - Blockstream CryptoFeed V3 now includes 30+ venues and 200M+ updates per day - Jan 24, 2019 - Binance Jersey – The Latest Binance European Exchange - Jan 2019
Commit Activity
Nodes and Market Dominance
Bitcoin
Financial
Lightning:
ASIC Miners:
Will update this section when I hear new developments
Wallets:
Hardware wallets:
LN
LN Apps:
LN Extensions / Launchers
LN Desktop wallets:
LN Mobile wallets:
LN Network:
LN Nodes:
LN Plugins:
LN Services:
Liquid Network
Rgulatory:
Exchanges:
Payments:
Please comment if you have any ideas on dates. Many of these dates are placeholders waiting for me to update. If you comment then I will update the post.
submitted by kolinHall to Bitcoin [link] [comments]

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

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

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

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

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


Digest from [BitKan 1v1] debate.
bitkan.pro aggregates all trading depth of Binance Huobi and OKEx. or Try our APP!
https://preview.redd.it/xxqshq8ov8d31.png?width=640&format=png&auto=webp&s=ca6e81c7fc3bff81a87df06e494ef320ca387416
submitted by BitKan to bitcoincashSV [link] [comments]

r/Bitcoin recap - March 2018

Hi Bitcoiners!
I’m back with the fifteenth monthly Bitcoin news recap.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
And a lot has happened. It's easy to forget with so much focus on the price. Take a moment and scroll through the list below. You'll find an incredibly eventful month.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in March 2018
submitted by SamWouters to Bitcoin [link] [comments]

Bitcoin Cash trading secrets

Bitcoin Cash trading secrets

https://preview.redd.it/i86tnl86z0541.png?width=1000&format=png&auto=webp&s=b64c871e3a8502c57ac11ff0335995549e0ef614
Bitcoin Cash is a Bitcoin hard fork created to solve scalability problems. Bitcoin Cash is created to replace the original Bitcoin and to take its place of honor. The new hard fork increased the block size to 8 MB, which made transactions faster.
But at the same time this caused another problem - the risk of centralization by large miners increased. But such an outcome is unlikely, since the "conqueror" of the network is unlikely to immediately sell all the coins, and the rate will fall very quickly, which makes the enterprise extremely unprofitable for companies that have spent a fortune on equipment.

How to trade Bitcoin Cash

For trading, it is most rational to use advanced Tradingview charts, which are supported by the Trade-mate.io service. With this platform you can trade BCH in a convenient cabinet on three popular exchanges at once: Binance, BitMEX and Poloniex.
Right in the Cabinet, you can configure trading indicators at your discretion.

Strategies

Given the speed of price change and high volatility of BCH, it is hard to use classic indicators such as SMA or MACD. This is due to a large delay in the delivery of buy/sell signals.
But you can see that a simple and popular Bollinger Band indicator works perfectly. Provided that the candle is closed outside the boundaries of the channel, the position opens in the direction of the breakdown.
It is recommended to use a trailing mechanisms Trade-mate.io supported in Smart Trade option. This will increase the transaction profitabilityas the rate of BCH increases, and will protect the trader from an unexpected fall in the rate.

A little bit of inside

Did you know that the largest manufacturer of mining equipment Bitmain sells ASIC miners for Bitcoin Cash? This information can be used for trading. Keep an eye on the new releases by the manufacturer - usually the rate of BCH begins to grow afterwards. The Bitcoin Cash market has significantly less liquidity than Bitcoin, so during major events, the “younger brother” of bitcoin is growing more actively, on which you can make good money.
submitted by mrhadow to matetrade [link] [comments]

Cryptocurrency and Blockchain – Industry News – (03.15.19 – 03.22.19)

Total Market Cap, as of 03.22.19 at 3:00pm (PST): $140,255,684,074 (+1.95%)

Missed last week’s update? Click here

STORY OF THE WEEK

•CEO of Square Jack Dorsey announces its intention to hire 3-4 engineers and 1 designer to work on open source contributions to the Bitcoin/cryptocurrency ecosystem. New hires will not be focused on Square’s commercial interests, but rather what’s best for the crypto community.

ADOPTION

Western Union partners with Stellar based start-up Thunes to enable clients to transfer funds directly to any mobile wallet globally.

CRYPTOCURRENCY TRADING SERVICES

Coinbase Pro removes support for stop orders and adjusts its trading fees schedule. Those who trade under $100,000 will see a fee increase of 33%. Other transactional thresholds will see no changes or otherwise a reduction of 13-50%.
Coinbase lists Stellar Lumens (XLM) on its web and native mobile applications (iOS, Android) on March 18th, 2019.
Binance launches a new fiat-to-crypto gateway in Australia, dubbed “Binance Lite”. The new platform allows for Bitcoin purchase in any of the 1300 newsagent stores for a 5% fee.
Huobi announces Huobi Prime, a platform allowing traders to speculate on tokens before they list on exchanges in what’s called an IEO (Initial Exchange Offering).
Cryptopia resumes trading with 40 pairs as of March 18th, 2019. Those who have lost funds as a result of the hack in January will be deposited a Cryptopia Loss Marker (CLM) to keep track of lost coins in New Zealand Dollars.
Huobi Global and OkEx announce support for upcoming Tron-based Tether (USDT).
• A report from trading analytics firm The Tie suggests an estimated 87% of cryptocurrency trading volume may be artificially manufactured. This was determined by cross-referencing platform visitor analytics and reported volume by the exchanges.

REGULATION

•Senior advisor at the U.S Securities and Exchange Commission (SEC) Valerie Szczepanik stated that algorithmic stablecoins – tokens that maintain its stability through financial mechanisms may be “getting into the land of securities”.
The Japanese Cabinet, an executive agency of the Japanese government approves a law that bans margin trading that exceeds 4x from the initial position. Margin-enabled exchanges must now also register no later then 18 months from the effective date the law goes into effect.

TECHNOLOGY

•Major mining hardware manufacture Bitmain releases Antminer Z11 on March 19th, 2019. The new miner will be 60% more efficient on electricity and tout a 3x increase in hashing power to mine cryptocurrencies that is based on the Equihash algorithm (ZCash).

INSTITUTIONALIZATION

Kakao, an internet conglomerate in South Korea with an estimated 44M users is looking to integrate a cryptocurrency wallet into its flagship messaging app – KakaoTalk.
•Worlds largest manufacture of cryptocurrency mining equipment Bitmain, looks to deploy 200,000 miners in China’s southwestern provinces to take advantage of cheap hydroelectric power.

PEOPLE

•Major South Korean cryptocurrency exchange Bithumb to reduce staffing by 50%. This will effectively reduce the head count of the team from 310 to 150.
•Jared Rice Sr, founder of $4.2 million USD crypto bank scam AriseBank pleads guilty to 1 of 3 outstanding charges. Plea will sentence Jared to 60 months in prison with a maximum sentence of 20 years and $5 million USD fine.
•Former BTC-e operator Alexander Vinnik currently accused for money laundering to the tune of $4 billion USD appeals for extradition to Russia for humanitarian reasons.

TWITTER

@jack – #BitcoinTwitter and #CryptoTwitter! Square is hiring 3-4 crypto engineers and 1 designer to work full-time on open source contributions to the bitcoin/crypto ecosystem. Work from anywhere, report directly to me, and we can even pay you in bitcoin! Introducing @sqcrypto.
@iamdevloper – If anyone wants a better understanding of Blockchain, I can thoroughly recommend the Fyre Festival documentary on Netflix.
@danheld – Dollar: In God we trust. Bitcoin: In math we trust.
submitted by Edmund_N to CryptoCurrency [link] [comments]

Bitmain has achieved its best case scenario...

I don't even think this is tinfoil hat stuff... lets go over the exact timeline.
Proof of the discounts by the way: https://twitter.com/BITMAINtech/status/957620387558260736
So what are the next steps?
Bitmain will do all it can to ensure Obelisks do not ROI. Killing the company off for good. Expect Siacoin to be sold to shit AFTER their next batch profits (or the moment SC1 releases). Oh and how can they do this most effectively? By getting listed on Binance the largest exchange in China. I wonder who is calling for these listings?? The new A3 miners, why? Because this entire drama is making SC holders itchy to offload. So the community is now going to get listed on Binance so a wave community members (let's assume 15k new people) can sell...
This is how its done ladies and gentlemen, this is shrewd and clever business practices at play put in place by folks that can execute. One set of folks had trouble delivering t shirts... the other has achieved a non-hostile hostile takeover of an entire network. Bitmain is using game theory and peoples incentives to achieve its goals, it didn't have to try anything shady rather it uses understanding of humans rational thought + their greed to get what it wants.
Honestly I'm impressed at how well executed this was.
BONUS: This is where I will put the tinfoil hat on. If Bitmain was able to implement some hidden features in its miners that would really put the icing on this.
****EDIT: What is even better is that by having Obelisk buyers purchase A3s the chances for a fork are lowered as there will be no-one calling for a fork. Thanks for pointing that out to me in the comments.
submitted by christianc750 to siacoin [link] [comments]

BitMax.io & Lambda Joint AMA

BitMax.io & Lambda Joint AMA
George Cao :Let’s welcome lambda team . Xiaoyang and Lucy
Lambda: Hello friends from BitMax ~~ I am Lucy Wang, Co-founder and CMO of Lambda. I am very happy to e-meet with you here and thx for George's invitation. I on behalf of Lambda wish all of you a merry Christmas and prosperous new year in 2019
George Cao: Great. I am a bit surprised to see a big volume day yesterday Christmas. Seems our users didn’t take a break even on holidays :)
Lambda: I'd like to take this opportunity to introduce myself first, I have over 14 years of progressive career development with global leading enterprise software / service organizations as well as VC-backed start-up ventures, including HP, Oracle, and SAP. Before Lambda I was CMO/GM at two enterprise SaaS start ups in China backed by top VCs.
And my partner Mr. He Xiaoyang, who is the founder of Lambda, he is a well-known expert in infrastructure and open source software in China. Prior to Lambda, he was the co-founder of OneAPM, a fast-growing infrastructure software focusing on ITOM (IT operation management) in China. OneAPM is known as the “New Relic or AppDynamics of China” and the company has received strong VC backing from Matrix Partners, Chengwei Capital, and Qiming Venture. Prior to his entrepreneur experiences, Mr. HE worked at BEA as a R&D software engineer. In addition, Mr. HE is also a blogger with strong following in China and some of his articles have been published by major media such as Forbes China, 36Kr, Sina, etc.
Lambda idea was born at the end of year 2017 and the product development started from the beginning of 2018. Now let me talk about Lambda idea and what we do
Lambda, is the leading decentralized infrastructure project providing secure, reliable, and infinitely scalable decentralized storage network that enables data storage, data integrity check, security verification, and marketplace for storage-related services on the Lambda Chain Consensus Network.
In recent years, there have been frequent data leakage problems in major Internet platforms at home and abroad, and even business giants such as Facebook and Marriott have not been spared. Returning the value of data to data owners is an inevitable trend in line with human pursuit of freedom. The block-chain technology with P2P features provides an opportunity for this, and this area will be highly valued by the industry in the next few years. Lambda is the only provider of block-chain storage infrastructure projects in China. It is sometimes referred as “File-coin of China”or “File-coin 2.0”.our vision is to return the value of data to the data owner, with this vision in mind, our mission is to promote the decentralization of the Internet, with the goal of creating a storage infrastructure for the next generation of block-chain.
After the Lambda project launch in early 2018, it has received strong support by well-known strategic and financial investors including Bitmain, Viking Capital, FBG Capital, Bluehills, Zhen Fund, FunCity Capital, Ceyuan Digital Fund, BlockVC, INBlockChain, DATA Foundation, Bitcoin World, Reflextion Capital, etc. To date, Lambda has received investment funding in excess of $10M.

https://preview.redd.it/ynaos7rps2721.png?width=1267&format=png&auto=webp&s=77360b7cdf06c288e8c25675f94f5fb9d3d02137
n all the existing decentralized storage projects that are aiming to give a solution to this problem worldwide, Lambda is the first ever to announce its LPDP ( Lambda Provable Data Possession )
George Cao: I see we share several investors in common, So 2019 q1-q2 will be a big milestone for lambda
Lambda: Provable Data Possession (PDP) and Proofs of Retrievability (POR) are critical to efficient decentralized data storage and its implementation, which is the essential difference between centralized network projects and real decentralized storage. Prior to Inter-planetary
File System (IPFS), Lambda launched its minimum viable product (MVP) of core functions in the third quarter of 2018, and has been continuously upgrading and optimizing this in block-chains in a multi-role environment.
File-coin is our main competitor, here is a chart shows the progress comparison FYI

https://preview.redd.it/ewmyh9tqs2721.png?width=1267&format=png&auto=webp&s=cddc52a6d613196f6c0cbf870da42a5b82a8aaa6
For those who have interest to know more about Lambda's technical innovations, they can be find in our keep updating FAQ document posted on Medium, and I copied her FYI
1.Innovatively designed the Validator role which provides verification service for storage proof and the Validator replaces storage miner as the full-time storage proof result verifier, this greatly improves the performance of the storage and retrieval system.
2.In response to the limitations of the PDP algorithm, Lambda innovatively created a consensus network on the block-chain and used the validators role to replace the "TPA" in the PDP algorithm.
3.Innovatively modified the PDP algorithm from synchronous to asynchronous communication, which greatly reduces the communication traffic for Challenge in the system. Use of chain data as a random seed for storage miners to issue Challenge themselves addresses the randomness of TPA challenges.
4.Innovatively upgraded the PDP algorithm from periodic verification to a verification set generated by the miners to submit the verification result at one time, and fully realize the Proof-Of-Space-Time verification.
on top of all the technical, Lambda creates a consensus network where data can be stored, storage space can be rented on the basis of a marketplace built on block-chain.
In the Marketplace, the transaction process is: storage miners pledge hard disk sectors to the consensus network, and place orders and sell their own storage space in the Marketplace; storage users initiate purchase requests, complete the matching of storage requests through the Marketplace, and store data in the space of the storage miners.
Different from other block-chain applications, Lambda is a storage mining project, we have miners mine on Lambda network. Earn LAMB tokens by contributing on the network, and users who have data storing requirements pay Lamb tokens to purchase services accordingly.
The price of Lamb token not only rely on the exchanges but also supported by our miners who are doing works on the network.
There are four roles in the Lambda mining network: storage miners (providers of storage space), verification miners (ensuring the integrity and security of data and packaging transactions), retrieval miners (providing download bandwidth), and users (storage buyers). 1024 verification miners promoted from storage miners constitute the Lambda-chain consensus network. So you will see three types of miners serve our users from all over the world.
The key milestones we are looking at is the launch of test-net, where miners can start mining and earn testing Lamb tokens, the date will be around end of Jan. 2019 and main network will go live in Q2, 2019, most likely in Apr.
Regarding our partnership, In the academic field, we have established a strategic partnership with Beijing Institute of Technology (BIT), which is well known in China for its engineering and computer science research programs, to conduct research into centralized storage.
In the commercial field, Lambda has established a strategic collaboration with IOST, a well-known public blockchain project, and Perlin, a super computing platform, and started to conduct pilot projects for decentralized application (DAPP) companies such as DATA and BCV. Lambda also has close ties to many leading Internet data centers (IDCs) in China. They join the Lambda network as miners and take advantage of their surplus server capacity to engage in the Lambda network ecology.
Q: Will the rest of the code be open sourced? If so when ?
Lambda: we have released the codes of core function module, the test net codes will be released gradually in Jan. pls stay tuned with our official github
Q: What can Lamb tokens be used for?
Lambda: Lambs are tokens in the Lambda ecosystem, which are mainly used in the following scenarios:
A. Users of services in the Lambda ecosystem have to pay with Lambda tokens.
B. Providers of storage services in the system have to pledge a certain number of tokens.
C. Verification nodes in the system have to pledge a certain number of tokens.
D. Verification nodes can obtain a certain number of tokens as accounting rewards.
E. Storage nodes get a certain number of tokens based on their storage capacity and their service level agreements (SLAs).
F. Other roles in the Lambda ecosystem can also obtain a certain number of tokens based on their contributions.
Q: What more incentives does miner gets to mine or rent storage on Lambda?
Lambda: every miner stars from storage miner on Lambda network, they get paid by providing storage space, when their business getting bigger, system will select the top 1024 storage miners and promote them to validator, who will get block generation rewards from system.
Q: how are the 1024 miners selected? Doesn't this become more centralised?
Lambda: we did a survey to the Chinese miners, they mainly fall into two groups, either are waiting FileCoin to go live with purchased mining machine idle at home or they are doing hard drive or graphic cards mining, which has a high requirement to the hardware standard. To mine on Lambda, you need a mining machine ( computer ) that has big storage space ( because the bigger the higher probability you'll be promoted to be a validator ) and the connection to the internet
Q: How much is initial supply?
Lambda: Lambda did two rounds of fund raising, private investors have a lock up terms of 2+4+4 meaning the first 20% of tokens will only be released 2 months listing on exchange. so on the day one listing till 2 months there will be only around 0.5% initial circulation, and after 2 months, 5% in total. in addition to that, as we are recruiting miners to join our network, actually ppl have been in a situation where they can't wait to mine on our testnet. with the mining mechanism we have, miners need to buy Lamb token to get their mining work started, because a certain amount of pledge need to be made
Q: What partnership will lambda and bitmax have in the future?
Lambda: We value the way BitMax doing things and care about projects, we feel like we found the right exchange to be listed, in particular an initial listing. we will work with BitMax and do some joint campaigns to boost the community
George: We have great chemistry with lambda team.
Q: And are you still primary list in there, I heard the list was delay? Is it related to Huobi?
Lambda: you are right, it is related to Huobi, but one thing you can be assured of is that our initial listing on BitMax wont change, but most likely a joint listing with Huobi.
Q: what about the time of primary list?
Lambda: we will primarily list very soon, we are targeting end of this week, now we are in the middle of some technical integration with Huobi
George: We can assure everyone that our team will do our best to protect our investors and serve our listing projects. The promise does not change whether or not if we co-list with huobi.
Q: We get reward to mine ? Any incentive? For testnet
Lambda: Yes, you have two ways obtain Lamb tokens, buy from exchange and earn more from mining, but firstly you have to buy Lamb on BitMax haha. Are you asking the reward from testnet by mining on it? yes, you will get test Lamb token, and they can be redeemed to Lamb token with a ratio that will be specified shortly. on Lambda official website www.lambda.im, we have whitepaper, besides that we also have economic whitepaper to explain how the lambda economic system runs, on Dec. 28 we will launch our yellow paper where we will demonstrate the detailed technical realization and all the parameter setting for mining on Lambda
Q: What are the implications if a miners rig goes offline or they decide to stop?
Lambda: If miners rig goes off, they will not get the reward from the corresponding generated block, if they do cheating there will be punishment from the system, and if they decide to quit, the pledge will be returned
Q: Lambda planning to have own FS?
Lambda: Yes, FS and consensus network is separate. validators and marketplace are on the consensus network, while Files are in the File System.
Q: Is Lambda GDPR friendly?
Lambda: yes, we are
Q: Hi can u explain what’s the requirements of decentralized data . Do You think big companies will like to use lambda services .... or it’s for medium level enterprises as big companies will go for their in house system with their reliable nodes ...
Lambda: this is a good question, from I seeing it, ppl call out the protection of privacy, it is a trend and it takes steps. Lambda has two big groups of prospects users, one is DAPPs, another is the general industries such as big data, AI, IoT, Games, Financial, etc, as long as they need massive data storage demand, Lambda has the opportunity, data storage is expensive, especially when we are talking about big data, a lot of companies will value the cost in this area very much. currently we have lighthouse customer like DATA, BCV, VVshare, in the very near future, a game that is developed by Lambda team will also go live on Lambda network. from the BD perspective, Lambda will create a satellite network ( you can take it as channel network ) to bring us customers, we have a few reaching out to us already
Q: Why suddenly launched on Huobi
George Cao: I believe lambda team has its own consideration. Projects esp in bear market are facing pressures from different parties. Investors users exchanges. Not everything is under projects control. What we can do as an exchange is to stand by our partners and fully support them down the road
Lambda: thx for the answer
Q: I think you have made a great choice working with bitmax. Bitmax have really helped push new
coins and their site in general with good PR, marketing and reward/airdrop promotions
Lambda: strongly agree with you
Q: GDPR has taken over the EU and the UK so that is very important
Lambda: you are right, so we see to be GDPR friendly, which is one of our differentiator from FileCoin
Q: Being GDPR friendly , European market is a go for lambda
Lambda: I have this plan to develop European market by having a Raspberry program, it is still in planning.
George Cao: Let’s take a last question and move to lambda community:) And as usual we will pick 3 best questions. We will send out 1000 800 and 500 btmx. @lambda do you want to pick 3 questions ?
Q: Recent partnerships are interesting , can you tell us about coming q1 2019 both in terms of technical and marketing developments ?
Lambda: from Marketing side, we are focusing on Chinese miners community and potential European market ( like I said still in construction ) Korean market is another, and US market to go along our compliance path, Lambda has been strictly abide by the regulations. from technical side, the most important task we are targeting is the main network launch as planned
George Cao: Thanks everyone for your time. It’s a great ama as usual. We do have the best community. We will pick 3 winners and we will announce here after we finish ama in lambda community
Lambda: thank you all for your time to participate the AMA, I had a great time with you, see you friends and have a nice day.
George Cao: Hello everyone, Merry Christmas:)
Lambda: Hello Lambdos. Today we have George, the founder of BitMax to join us for the AMA. Let's give him a warm welcome to do a introduction of BitMax
George Cao: I am George Cao, founder of bitmax. I am happy to take the opportunity to talk to everyone here. Thanks to the lambda team. Let me start with a brief introduction about us.
Bitmax.io (btmx.io) is an exchange founded by a group of Wall Street veterans. Unlike most projects, we are kinda of old :) core team are in their 30ish - 50ish. The 10 founding member have combined of 150 years of Wall st experience. I have 10+ yrs of high frequency trading experience therefore I know the trading system well. That’s why our match engine can handle 400k tps per second vs huobi 1000 tps. We want to build an exchange that is transparent, robust, and efficient. While our system is the best in class, we offer the lowest trading fees. We believe the current high commission will not sustain and we will see consolidating of the exchanges with better depth and liquidity and lower commission. We are happy to partner with lambda, one of the best projects in 2018. We are committed to serve the project and the community. Alright, I am ready to take questions. Anything you can ask, as tough as you want :)
Q: Haha nice platform.
George Cao: Thanks. We are young as a platform but we are working to deliver the best
Q: I see reverse mining is new , I used many other mining exchange but all have normal mining . How does reverse mining works?
George Cao: Reverse mining is an innovative approach that helps the exchange and the project in several ways. 1) the concept of reverse mining is by providing liquidity to the exchange, you get a rebate and deduct out tokens from your account of the same valued. You can think of a otc sell our. 2) the benefit is it removes lots of sell pressure from the secondary market. And provides a strong support for the token price. 3) it introduces lots of liquidity to the exchange and benefits all traders
Q: The BTMX used in reverse mining are locked forever?
George Cao: Yes so the total number of tokens are always reducing your
Q: I've really been enjoying using the bitmax exchange so far especially with the low fees and data usage rewards. Does the exchange plan to bring in a shorting function in the near future?
George Cao: Yes we will have margin and futures trading
Q: It was supposed to December right ?
George Cao: We postponed our margin to Jan. The reason is we want to be more careful on protecting margin call protections.
Q: Margin trading and futures is important for BTMX price to drive up
George Cao: Totally agree
Q: Does BitMax have any activities on New Year's Day?
George: We do have multiple promotional events. Including but not limited to airdrops. Please visit our website and stay tuned
Q: I saw the whitepaper of bitmax, can you talk more about your dividends the formula is really hard for me ?
George Cao: Sure 80% of our commission goes to our fee pool. 1/180 of the total pool will be distributed daily. As long as you are a token holder, the current rate we pay is over 100% annually
Q: Oh I see, so the dividends will be smooth, great idea.
George Cao: Yes unlike other mining exchanges have huge volatility on div we smooth our curve
Q: I've also heard there is a mobile app in the works, is this likely to be released in the near future?
George Cao: Almost done. Beta version is in testing
Q: What about the north American, will it be available in the future?
George Cao: We more cleared our legal path for fiat trading in us. Q1 2019 we will launch in the us
Q: Great news I think this will bring a big volume.
George Cao: Yes agree. Our team is excited as well
Q: With promotional Airdrops that require a certain amount of the BTMX token to be held such as The lamb one that has taken place on the exchange this week. Are tokens that are locked for data usage or in cards taken into account when balance screenshots are taken?
George Cao: Yes we will take that into account
Q: When will be the private sale tokens be released ?
George Cao: As soon as we mined 90m we will start to release
Q: So let me get this right .. you give us FREE BTC and ltc and even Lambda EVERYDAY if we hold BTMX and agree to share our data
George Cao: Free usdt btc eth
Q: Wow. In a bear market, Free btc is the best thing ever
George Cao: We share revenue with our users, 90% is usdt. Not sure if you like it:)
Q: also consider adding coins like ADA and few from top 30. People need more coins
George Cao: We are adding stellar and zcash soon
Q: I heard they are insured Unless we give password to someone hehe
George Cao: Yes we are using custodian service
Q: George are our funds SAFU with you? Exchange insurance? I would say it is With the industry giants backing this exchange
George Cao: Sequoia matrix bitmain fbg dhvc are our equity investors
Q: What’s to stop People dumping BTMX token after free btc Or stop capital investor dumping on retailer
George Cao: They get it every day. Why would they dump? All equity investors can not sell on secondary market. They can only to reverse mining
Q: Will margin allow reverse mining instead of normal mining?
George Cao: Not initially
Q: People do irrational things when btc moves Or whales dumping, I heard there was a lock up token or something. To stop this
George Cao: We required lock our tokens to get rewards. You can request to unlock at anytime but it takes 24 hours to process
Q: Binance is developing DEX any plans for BitMax ?
George Cao: Not anytime soon we have a looong to do:)
Q: It's good you have dex in mind , with improved scalability in future maybe bitmax can build good dex
George Cao: Agree
Q: Retail investors are important , George knows it haha
George Cao: We care most of retails
Q: It would help if they also burned or locked tokens up
George Cao: Yes we permanently locked
Q: Seems you have everything thought of.. but how about moving to Malta?
George Cao: We priority US. Once us is clear pretty much everywhere is clear
Q: Doesn’t any exchange cover US right now?
George Cao: Coinbase but they have 0 international coverage and 0 client service
Q: What sort of systems are in place for abnormal/suspicious activity on the exchange?
George Cao: We prohibit self trading. For unusual trading behavior we ban the account and as for explain in the first violation. For continued violations we permanently ban the account
Q: can we get a glimpse of mobile application ?
George Cao: There is a beta version you can use but we are keep improving
Q: What are the precautions taken to prevent wash trading ?
George Cao: We have pre trade and post trade checksums. E.g we don’t just scan one account. We check or related account
Q: Will market orders and stop-loss orders be available in the future?
George Cao: Yes we are working on it
Q: what do you think of lambda project and community
George Cao: Lambda is definitely one of the best projects this year. We have been working with lambda for months and have lots of respect ion for the team. Community is also great very well organized. I didn’t talk much but I joined lambda tele group for a while. Great interaction
Q: So the trading starts at 8 pm ETC?
George Cao: It’s postponed. Please stay tuned for announcements
Lambda: We will make announcement giving out time and new date.
Q: when please? It's also more professional to be able to give dates and respect them
Lambda Cao: we are working hard and aiming the date of Dec. 29, pls stay tuned, thank you
George: Unfortunately bitmax and lambda don’t have 100% control of the date and time. Huobi is holding the ball
Lambda: The listing dates have been postponed and we don't want to give out a random date. I request you to have patience and wait for official announcement
Lambda: we will try everything to protect retails interest
Q: Can’t let houbi just arrive late to the party?
Lambda: in the long run we may need Huobi to help us better protect us all
George Cao: We trust lambda team can make the best decision for all investors
Q: Have you been busy with listing recently? Anything else?
George Cao: We have been working 24 hours a day including Chris eve :) Listing and app and margin and lots of new improvements
Q: Why would we need huobi with bitmax on our side.
George Cao: Trust me we are as upset. However as an exchange our mission is to serve projects and investors. Please join us in fully supporting any decision lambda team made. We have 100% confidence in lambda
Q: Are you familiar with the REKTbot and SYSTEM OVERLOAD problems at bitmex
George Cao: Yes but still bitmex is the best place to trade future compare with okex
Q: Slap that Hayes fool when bitmax start margin and futures..
George Cao: Haha i don’t want to declare war with them. Let’s be a bit patient :)
Q: Could bitmax handle That volume and not system overload
George Cao: We are 100% confident
George Cao: Alright i have to run for another meeting. It’s been a great ama. Thanks everyone. For any trading related questions please contact our client support. We promise to get in touch in 5 mins 7/24. Thank you all!
Lambda: thank you for participation, have a nice day!
submitted by BitMax_Support to BitMax [link] [comments]

r/Bitcoin recap - November 2018

Hi Bitcoiners!
I’m back with the 23rd monthly Bitcoin news recap.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in November 2018
Adoption
Development
Security
Mining
Business
Research
Education
Regulation & Politics
Archeology (Financial Incumbents)
Price & Trading
Fun & Other
Congratulations Bitcoin on about to be 1 Million subscribers! See you next month!
submitted by SamWouters to Bitcoin [link] [comments]

Top 10 Richest People in the World, in Bitcoin

Bitcoin has been given the nickname “digital gold”. This is because of its characteristic as a store of wealth. Many big investors are resorting to Bitcoin as a good place to put their money. The reason for this is not just because it can be sustained, but also because of the high tendency of appreciation in value. Here we shall be considering the top 10 richest people in the world, in Bitcoin.
We will take a look at their net worth, and how much that amounts to in Bitcoin. We will also consider their primary business and a little bit of their history. How they started out in the Bitcoin ecosystem and what they have achieved so far will also enable us to understand more about them.
So, here is a list of the top 10 richest people in the world, in Bitcoin.
10. Matthew Roszark
Matthew Roszark is the founder of Tally Capital, and co-founder of Bloq. Roszark is widely known as the man who gave Richard Branson and Bill Clinton their first Bitcoins. Roszark made it early into the Bitcoin space and participated in the very first ICO in 2013. Although that wasn’t what it was called at the time.
Roszark has investments in 20 startups in the cryptocurrency ecosystem, some of which have gone ahead to do great things. Some of the startups that he invested in include Coinbase, Kraken and BTCC.
Roszark’s net worth is $1 billion, which amounts to 102,712.94 BTC (at the time of writing).
  1. Anthony Di Iorio
Anthony Di lorio is the founder of Jaxx and Decentral, and co-founder at Ethereum. Having studied a bit of economics and trying to find out the true essence of money after the recession of early 2000, Di lorio discovered Bitcoin and decided to explore. He started a Toronto Bitcoin-meetup, where he met his eventual co-founder of Ethereum, Vitalik Buterin.
Di lorio contributed his personal funds towards the coding of Ethereum, and has since been involved in a number of other crypto assets. Some of them include Qtum, VeChain and ZCash.
Di lorio is a serial investor who commits to projects at an early stage, then after levelling up, he pulls his funds and moves on to something new. His net worth of $1 billion is the equivalent of 102,712.93 BTC.
  1. Michael Novogratz
This CEO of Galaxy Digital is also popular in the field of macro hedge fund management. Novogratz started investing in cryptocurrencies in 2013 and two years later he left his position at Fortress Investment Group to focus on crypto.
In the cryptocurrency industry, Novogratz is known as a seasoned trader who believes that the crypto market as it is today is a bubble. According to him, his aim is to make as much money as possible from the bubble before it bursts.
Novogratz is worth $1 billion which is the equivalent of 102,712.92 BTC
  1. Cameron and Tyler Winklevoss
The Winklevoss twins arrived in the face of the public through the controversial law suit against Facebook for intellectual property theft. They eventually won the case and were paid $11 million in compensation.
With many Silicon Valley startups not wanting to get into Facebook’s black book, the twins seemed to not have where to invest their money. They were introduced to Bitcoin by Brooklyn-based investor David Azar in 2012, and found their new investment ecosystem.
Over the years, the astronomic rise in Bitcoin price has turned their $11 million investment to a $1 billion portfolio of 102,712.91 BTC.
  1. Matthew Mellon
Matthew Mellon’s money started as old money which he inherited from family sources. However, through his “crazy” investment approach, he has been able to build a fortune out of his family inheritance.
Having bought into Bitcoin some years ago, Mellon abandoned his early investments and sold his Bitcoins at some point. His attachment with the banking industry and the XRP feasibility attracted him to the coin.
Mellon spent $2 million to acquire XRP tokens a few years back. That investment has grown to $1 billion, in the equivalence of 102,712.90 BTC.
  1. Zhao Chaopeng
Zhao Chaopeng popularly known as CZ, is the founder of cryptocurrency exchange, Binance. Within one year of its launch, Binance became the largest cryptocurrency exchange in terms of volume.
The platform’s tokens were sold at a price of 10 cents during its ICO. At the time of writing, the price of the coin has risen to over $27 and CZ owns a huge volume of the coins.
In 2014, CZ sold his house in Shanghai, which was practically all he had, to go all out into Bitcoin. Today, his net worth is $1.3 billion, which is equivalent to 133,523.65 BTC.
  1. Brian Armstrong
Brian Armstrong is the CEO of Coinbase, the largest cryptocurrency exchange in America. Coinbase was founded in 2012, and is the most patronized cryptocurrency exchange in the US. The exchange has also expanded, and is now available in many countries of the world.
In 2018, the exchange embarked on a financing round that saw it raise $300 million, and the company is now valued at $8 billion.
Armstrong’s net worth stands at $1.3 billion, with equates to 133,523.64 BTC.
  1. Jihan Wu
Johan Wu is the co-founder of Bitmain, a China-based Bitcoin mining giant. Together with Micree Zhan Ketuan, they have grown Bitmain to become a household name in the industry, and the main supplier of ASIC-chip miners. Wu is also popular for his open support of Bitcoin Cash.
Wu is estimated to be worth up to $1.5 billion, which translates in Bitcoin to 154,065.75 BTC.
  1. Chris Larsen
Chris Larsen is the co-founder of Ripple, a company which was founded in 2012 with Jed McCaleb, the founder of Mt Gox.
Larsen is regarded as a self-made billionaire, with the bulk of his wealth coming from cryptocurrency enterprises. Ripple boasts many top end customers in its portfolio. Among the list includes Bank of America, Santander and Mitsubishi Financial.
Larsen’s net worth is estimated at $1.5 billion, which is equivalent to 154,065.74 BTC.
  1. Micree Zhan Ketuan
Zhan is the co-founder of Bitmain technologies. Bitmain is regarded as the biggest Bitcoin mining company in China. The company is also known to specialize in the sale of ASIC-chip miners.
Zhan is an electrical engineer by training and is the builder of the ASIC chips on the Bitmain hardware. He is an acclaimed self-made billionaire whose source of wealth is the manufacturing and sales of cryptocurrency mining chips.
Zhan’s net worth is estimated at $2.7 billion, which when converted to Bitcoin is 215,692.05 BTC.
Conclusion
The dominant investment industry concept is evolutionary. At different eras of existence, different industries have produced different money magnates. Serial investors at the same time have found ways of aligning with the prevailing markets as the times change.
With the advent of Bitcoin and blockchain technology, the digital assets ecosystem appears to be making a strong statement in the wealth sector. The number of self made billionaires within this sector is a testimony to the impact of this concept in today’s world.
The top 10 richest people in the world, in Bitcoin, parades some names that can stand side-by-side with money magnates of traditional industries. With more developments likely to emerge in the crypto ecosystem, it will not be surprising to see the number of crypto-made billionaire skyrocket in the near future.
https://medium.com/@4kingsocials/top-10-richest-people-in-the-world-in-bitcoin-94183268189b
submitted by OliAustin101 to CryptoNewsandTalk [link] [comments]

TestGains

Crypto News Summary- September 27
🔹 General News: 💸 SEC Commissioner Hester Peirce says digital assets could one day be ‘the money of the internet’. ⛏ Bitmain to launch platform connecting crypto miners and farms in October 🤝 IBM has announced it's support of Howdoo
🔹 Coin Specific News: 💥 Binance lists Hedera Hashgraph (HBAR) 📱 Telegram’s Gram wallet available in App’s Alpha version for iOS 🔥 Ripple’s Xpring acquires payment platform Logos Network to pursue DeFi 🚀 Cardano's Shelley testnet goes live 🇷🇺 Russian chemical producer JSC IVHIMPROM planning to use Credits Blockchain for supply chain management
🔹 Exchanges: ❌ ⁠Upbit reorganizes BTC, ETH markets, and ends Bittrex partnership
🔹 Misc: ⤴️ Search for “Bitcoin” growing in Africa and the Middle East – Binance Research
🔹 Cool tech fact: The Digital Revolution is just starting. A working Quantum Computer could arrive within the next 10 years. It will enable exponential jumps in computing power. Artificial intelligence will outperform humans in many activities in the next 10 years.
💬 Quote of the day: "Don't let small thinking cut your life down to size. Think big, aim high, act bold. And see just how big you can blow up your life."—Gary W. Keller
🔹 Brought to you by @GainsANN
submitted by gainsTest to CryptoNews [link] [comments]

Meet Taklimakan on Blockchain Life 2019

Meet Taklimakan on Blockchain Life 2019
Dear Taklimakan Network Community!
From 16 to 17 October, Moscow will host the global blockchain forum "Blockchain Life 2019", in which 6000+ participants and leading companies will take part. The forum will cover four important topics: blockchain, cryptocurrencies, startups and mining.
Among the participants: crypto traders, representatives of large funds and international companies, investors, entrepreneurs, blockchain startups, miners and developers. Moreover, senior management of such companies as Binance, Bitcoin.com, Listing.Help, United Traders, Bitmain, Kaspersky, BitForex and others will take part in this event.
As our project always tries to be in trend and constantly improved in order to provide you with the highest quality platform, we decided to participate in this forum!
Find out more information and buy tickets on https://blockchain-life.com
Taklimakan Network is a Gold Sponsor. By the way, using the "Taklimakan" promotional code when buying a ticket, you can get a 10% discount!
Join us! We will be glad to see you at the forum "Blockchain Life 2019"!
https://preview.redd.it/hygaql2te3q31.jpg?width=3508&format=pjpg&auto=webp&s=eb1662632e330e2856e3ca1581ec849682a670e4
submitted by Taklimakan to u/Taklimakan [link] [comments]

What they really don't wan't you to know about Dash!

Dash is breaking away with regards to integrations, partnerships and developments that advocates of other Crypto Currencies have become frightened of Dash's future dominance. Unfortunately for most of these other Crypto Currency projects Dash as a platform is well and truly in the driving seat on so many levels.
Lets take a look at some of the achievements in 2017 and upcoming events:
More big news still to come in the coming month
Edit: Fixed typos, added new items & links
submitted by goto1415 to dashpay [link] [comments]

Top 10 Richest People in the World, in Bitcoin

Bitcoin has been given the nickname “digital gold”. This is because of its characteristic as a store of wealth. Many big investors are resorting to Bitcoin as a good place to put their money. The reason for this is not just because it can be sustained, but also because of the high tendency of appreciation in value. Here we shall be considering the top 10 richest people in the world, in Bitcoin.
We will take a look at their net worth, and how much that amounts to in Bitcoin. We will also consider their primary business and a little bit of their history. How they started out in the Bitcoin ecosystem and what they have achieved so far will also enable us to understand more about them.
So, here is a list of the top 10 richest people in the world, in Bitcoin.
10. Matthew Roszark
Matthew Roszark is the founder of Tally Capital, and co-founder of Bloq. Roszark is widely known as the man who gave Richard Branson and Bill Clinton their first Bitcoins. Roszark made it early into the Bitcoin space and participated in the very first ICO in 2013. Although that wasn’t what it was called at the time.
Roszark has investments in 20 startups in the cryptocurrency ecosystem, some of which have gone ahead to do great things. Some of the startups that he invested in include Coinbase, Kraken and BTCC.
Roszark’s net worth is $1 billion, which amounts to 102,712.94 BTC (at the time of writing).
  1. Anthony Di Iorio
Anthony Di lorio is the founder of Jaxx and Decentral, and co-founder at Ethereum. Having studied a bit of economics and trying to find out the true essence of money after the recession of early 2000, Di lorio discovered Bitcoin and decided to explore. He started a Toronto Bitcoin-meetup, where he met his eventual co-founder of Ethereum, Vitalik Buterin.
Di lorio contributed his personal funds towards the coding of Ethereum, and has since been involved in a number of other crypto assets. Some of them include Qtum, VeChain and ZCash.
Di lorio is a serial investor who commits to projects at an early stage, then after levelling up, he pulls his funds and moves on to something new. His net worth of $1 billion is the equivalent of 102,712.93 BTC.
  1. Michael Novogratz
This CEO of Galaxy Digital is also popular in the field of macro hedge fund management. Novogratz started investing in cryptocurrencies in 2013 and two years later he left his position at Fortress Investment Group to focus on crypto.
In the cryptocurrency industry, Novogratz is known as a seasoned trader who believes that the crypto market as it is today is a bubble. According to him, his aim is to make as much money as possible from the bubble before it bursts.
Novogratz is worth $1 billion which is the equivalent of 102,712.92 BTC
  1. Cameron and Tyler Winklevoss
The Winklevoss twins arrived in the face of the public through the controversial law suit against Facebook for intellectual property theft. They eventually won the case and were paid $11 million in compensation.
With many Silicon Valley startups not wanting to get into Facebook’s black book, the twins seemed to not have where to invest their money. They were introduced to Bitcoin by Brooklyn-based investor David Azar in 2012, and found their new investment ecosystem.
Over the years, the astronomic rise in Bitcoin price has turned their $11 million investment to a $1 billion portfolio of 102,712.91 BTC.
  1. Matthew Mellon
Matthew Mellon’s money started as old money which he inherited from family sources. However, through his “crazy” investment approach, he has been able to build a fortune out of his family inheritance.
Having bought into Bitcoin some years ago, Mellon abandoned his early investments and sold his Bitcoins at some point. His attachment with the banking industry and the XRP feasibility attracted him to the coin.
Mellon spent $2 million to acquire XRP tokens a few years back. That investment has grown to $1 billion, in the equivalence of 102,712.90 BTC.
  1. Zhao Chaopeng
Zhao Chaopeng popularly known as CZ, is the founder of cryptocurrency exchange, Binance. Within one year of its launch, Binance became the largest cryptocurrency exchange in terms of volume.
The platform’s tokens were sold at a price of 10 cents during its ICO. At the time of writing, the price of the coin has risen to over $27 and CZ owns a huge volume of the coins.
In 2014, CZ sold his house in Shanghai, which was practically all he had, to go all out into Bitcoin. Today, his net worth is $1.3 billion, which is equivalent to 133,523.65 BTC.
  1. Brian Armstrong
Brian Armstrong is the CEO of Coinbase, the largest cryptocurrency exchange in America. Coinbase was founded in 2012, and is the most patronized cryptocurrency exchange in the US. The exchange has also expanded, and is now available in many countries of the world.
In 2018, the exchange embarked on a financing round that saw it raise $300 million, and the company is now valued at $8 billion.
Armstrong’s net worth stands at $1.3 billion, with equates to 133,523.64 BTC.
  1. Jihan Wu
Johan Wu is the co-founder of Bitmain, a China-based Bitcoin mining giant. Together with Micree Zhan Ketuan, they have grown Bitmain to become a household name in the industry, and the main supplier of ASIC-chip miners. Wu is also popular for his open support of Bitcoin Cash.
Wu is estimated to be worth up to $1.5 billion, which translates in Bitcoin to 154,065.75 BTC.
  1. Chris Larsen
Chris Larsen is the co-founder of Ripple, a company which was founded in 2012 with Jed McCaleb, the founder of Mt Gox.
Larsen is regarded as a self-made billionaire, with the bulk of his wealth coming from cryptocurrency enterprises. Ripple boasts many top end customers in its portfolio. Among the list includes Bank of America, Santander and Mitsubishi Financial.
Larsen’s net worth is estimated at $1.5 billion, which is equivalent to 154,065.74 BTC.
  1. Micree Zhan Ketuan
Zhan is the co-founder of Bitmain technologies. Bitmain is regarded as the biggest Bitcoin mining company in China. The company is also known to specialize in the sale of ASIC-chip miners.
Zhan is an electrical engineer by training and is the builder of the ASIC chips on the Bitmain hardware. He is an acclaimed self-made billionaire whose source of wealth is the manufacturing and sales of cryptocurrency mining chips.
Zhan’s net worth is estimated at $2.7 billion, which when converted to Bitcoin is 215,692.05 BTC.
Conclusion
The dominant investment industry concept is evolutionary. At different eras of existence, different industries have produced different money magnates. Serial investors at the same time have found ways of aligning with the prevailing markets as the times change.
With the advent of Bitcoin and blockchain technology, the digital assets ecosystem appears to be making a strong statement in the wealth sector. The number of self made billionaires within this sector is a testimony to the impact of this concept in today’s world.
The top 10 richest people in the world, in Bitcoin, parades some names that can stand side-by-side with money magnates of traditional industries. With more developments likely to emerge in the crypto ecosystem, it will not be surprising to see the number of crypto-made billionaire skyrocket in the near future.
https://medium.com/@4kingsocials/top-10-richest-people-in-the-world-in-bitcoin-94183268189b
submitted by OliAustin101 to CryptocurrencyToday [link] [comments]

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

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

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

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

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

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

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

MinedBlock - Mining As A Service.

MinedBlock - Mining As A Service.

https://preview.redd.it/z9qndkht4vb31.png?width=788&format=png&auto=webp&s=25d1b844389dc51a159ea5f88f126e8febec6e75
MinedBlock offers the opportunity for investors to take advantage of using the resources from a large-scale mining operation, mining multiple crypto assets without the need to buy, configure and maintain expensive mining equipment. Our unique approach to this activity gives you a fully secured and compliant token granting you a share of ownership of the holding company behind the service and not just a ‘random utility token’.
MinedBlock is a Fintech Crypto Mining & Infrastructure Service Provider specialising in transaction processing, or ‘mining’, for crypto currency transactions. The ‘Parent’ company MinedBlock Limited will own all of the assets, infrastructure and operation while the ‘Subsidiary’ company will own the ‘Service’. The reason behind this model is to tokenise equity in the subsidiary while retaining private ownership of all the assets in the parent company. 25% of revenues will be retained by the parent company to be used for ongoing expansion and operational costs. Miners, collectively, provide the backbone infrastructure network for cryptocurrency blockchains, the blockchain provides a single, distributed ledger across multiple ‘nodes’ (specialist mining hardware) which perform the activity of ‘mining’ transactions. The blockchain is a distributed, un-editable database which stores transaction information, crypto wallet* balances and details of minted (newly created) coins. Mining validates those transactions, processes payments and updates them to the distributed ledger in a new block. Each block contains a reward of new cryptocurrency which is awarded to the miner (minted) along with the transaction fees for the processed payments in that block. For example, a miner who mines a new bitcoin block would earn 12.5 Bitcoins plus 0.25** Bitcoin in transaction fees. In the beginning, Bitcoin was a person-to-person (P2P) method of transferring ‘value’ and was mined using generic laptop and desktop computers. Over the last decade; the popularity, use case and validity of Bitcoin and other cryptocurrencies has grown beyond the ability of most people to stay involved with mining. Whilst the exchange/brokerage side of the crypto ‘industry’ has evolved and firmly established leaders such as Coinbase or Binance, there isn’t really a comparable entity in the mining arena. Bitmain is probably the biggest but they are primarily a hardware manufacturer and don’t focus solely on transaction processing. Their remit is limited to the range of assets that they can mine using the hardware they manufacture and own. During the 2018 ‘crypto bull’ market, many mining companies appeared but failed to properly prepare for the event of a downturn and in the ‘bear’ market in the latter half of 2018 have disappeared. At the point in December 2017 where Bitcoin price peaked at $20,000 the blockchain couldn’t cope with the sheer volume of transactions and the fees were astronomical. Transactions were taking over 2 hours and costing up to $40 in fees. The total crypto market value is still relatively low at the moment, so the opportunity is ripe for MinedBlock to establish ourselves as a company bringing a corporate approach to the crypto mining industry. By establishing ourselves while the crypto market value is lower, we are protecting ourselves and our investors against any potential future downturns.
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Advantages

+ Scalable MinedBlock’s service is endlessly scalable, in order to grow the service we simply would install and configure more mining equipment. There isn’t any technical limitation to how big it could get. MinedBlock has the ability to quickly and easily expand into multiple revenue streams including, but not limited to, expansion of the range of mined crypto assets and the ability to host private mining services. + Agile Initially, 40% of our infrastructure will be dedicated to cryptocurrency other than Bitcoin, this will enable the service to flex and switch between the asset being mined allowing us to always target the assets with the best returns based on market demand. The 60% initial allocation to Bitcoin can also be adjusted based on market prices and returns. + Sustainable MinedBlock is focussed on hosting our infrastructure in areas that can provide 100% renewable energy. + Market Immunity Phase 2 of the project, which is out of scope for this round of funding, will be to build our own renewable energy sources to offset electricity costs, the primary ongoing cost factor, thus enabling continuous revenue production regardless of crypto market prices. + Projected Revenue MinedBlock will produce revenue through mining a strategically selected range of cryptocurrencies. Another way to ‘mine’ crypto is to buy and hold a minimum number of a coin in a wallet which entitles the holder to a share of transaction fees (similar to earning interest on a savings account). This is known as a ‘Proof of Stake’ method of mining. Publishing a wallet for Proof of Stake mining is called hosting a masternode. There are always new technological advances in the mining industry including strategies and technologies which we are prepared to adopt and add to our service. + Unique Selling Point (USP) Our USP compared to the competition is that we plan to make ourselves fully immune from the market, prioritise our investors (over ourselves) and be 100% transparent in everything we say and do. Most other mining firms have focused on just ‘out of the box’ mining and not considered any form of cost reduction or alternative revenue generation such as masternodes, and this has left them unprofitable and unable to continue. Our aims go far beyond ‘just being another mining company’ we intend to dominate the space as quickly as possible. At this stage, there isn’t really any meaningful competitor in the marketplace as the mining industry is still in its infancy.

Learn more

✉️ Website: https://www.minedblock.io/ ✉️ Telegram Group (http://t.me/MinedBlockOfficial)
✉️ Telegram Channel (http://t.me/MinedBlock)
📈 WhitePaper (https://www.minedblock.io/assets/MinedBlockWhitepaper.pdf)
👤 Facebook (https://www.facebook.com/MinedBlock/)
🐥 Twitter (https://twitter.com/mined_block)
📢 Bounty (https://beta.bounty0x.io/hosts/MinedBlock)
🌧 Airdrop (https://forms.gle/8aJmB1A4Pbx2ES8F6)
📰 Reddit (https://www.reddit.com/MinedBlock)
Bounty0x username : @bandit
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Should You Buy An Antminer S9 BITCOIN MINER In 2019? - YouTube bitcoin miner hack [dark bitcoin miner 2020] 2 time withdraw proof Bitmain #REKT. The Mining Giant FAIL! Jihan Wu AWOL? Bitcoin Dominance Falls! A Bitcoin Miner for Mining Farms? Bitmain Antminer T17E ... Bitmain Antminer S9 13,5 TH/s unboxing & einrichten ... ASIC Mining Farm - Bitmain (Antminer) Crypto Mining Bitmain Antminer S9 13.5TH's Bitcoin / Bitcoin Cash Miner - Available Pre-Order  Is It Worth It? BINANCE BITCOIN MINING POOL Coming Soon! XRP Not A ... Bitcoin Halving Bull Run? Binance Launches Bitcoin Mining Pool - BitPay BUSD - Kim Jong Un BTC Stash New Bitmain Bitcoin Miner - Most Powerful One Yet?

Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit . On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models ... Was sind Bitcoin Miner? Bitcoin Mining erfüllt eine verwaltende Funktion.Da es sich beim Bitcoin nicht um eine klassische Währung handelt, die von einer Bank oder einem Land herausgegeben wird, musste ein Weg gefunden werden, die entstehenden Transaktionen auch abzuwickeln und zu verifizieren. Binance becomes the leading Bitcoin SV miner according to the recent reports, right after the biggest exchange ventured into the mining industry and launched its Binance Pool. The exchange however delisted BSV back in 2019 after the huge controversies surrounding the popular BSV proponent- Craig Wright. In today’s Binance news, we find out more. Bitcoin (BTC), Bitcoin Cash (BCH) & Bitcoin SV (BCH) (November 2018 - December 2019) 2.1 Efficient resource allocation theory. According to Binance Research, the mining allocation problem can be referred to as a problem of efficient resource allocation, from the perspective of participants in the Bitcoin mining industry: SHA-256 (ASIC) miners. How Much More Profit Can a Bitcoin Miner Get With Binance Pool? In this section, we’ll apply the various advantages that Binance Pool offers and tally how much more profit an average miner can get on Binance Pool compared to another mining pool. For example, one miner connects 100 PH/s to either Binance Pool or another pool, resulting in 65.22 BTC revenue for three months (from October 15 ... Binance nutzt hierzu das bekannte Pay-Per-Share (FPPS) Modell. Im ersten Monat kommt Binance den Minern, die sich dem neuen Bitcoin Mining Pool anschließen, entgegen. Die Börse nimmt keine Gebühren und lässt die Miner somit kostenlos unter dem Schirm des Mining Pools operieren. Dieses Angebot läuft nur noch bis zum 1. Juli 2020. Die einfachste Lösung besteht in einem Standalone-Miner, wie beispielsweise den AntMinern von Bitmain. Aktuell ist es nicht mehr wirklich effizient mit einem eigenen, einzelnen Rechner über GPU zu minen. Das Interesse an Bitcoin Mining ist mittlerweile so groß geworden, dass sogar eigens Chips speziell für das Mining hergestellt werden. Ein ... A year after removing Bitcoin SV from its exchange in April 2019 and the mining pool operated by leading crypto exchange Binance now produces more blocks than anyone else. According to crypto statistics and services platform Coin Dance, Binance Pool is the largest miner of Bitcoin Satoshi’s Vision blocks as of June 16. Binance Pool is ... Bitcoin ASIC Miner Manufacturing Domination: Bitmain and Microbt Battle for Top Positions . On June 16, 2020, Bitmex researchers published a report that noted bitcoin mining rig manufacturers have ... Fazit zum Mining von Bitcoin. Wenn Sie am Mining von Bitcoin interessiert sind, kann das auf lange Sicht eine sich lohnende Entscheidung sein. Sie haben die Wahl zwischen Mining mit eigener Hardware oder im Pool oder durch Cloud-Mining.Beide haben ihre Vor- und Nachteile gegenüber den Bitcoin Kauf.Grundsätzlich profitieren Sie als Miner von steigenden und stagnierenden Kursen und damit ...

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Should You Buy An Antminer S9 BITCOIN MINER In 2019? - YouTube

Articles and hashtags referenced:#bitcoin #bitcoins #bitcoinmining GET A Chance To WIN $100 BITCOIN EACH MONTH By 1. liking video! 2. SUBSCRIBE! 3. share! 4.... Is the Bitmain Antminer T series one of the best bang for buck miners for Bitcoin mining farms with cheap power? Here is the VoskCoin review, setup guide, an... Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without ... Why Crypto.com Is NOT Ponzi Scheme Like Bitconnect? Deep-dive Into The Company, Team And Reddit - Duration: 26:14. denome 2,712 views. New The new Bitmain Bitcoin Miner the ASIC BM1391 7nm unit at face value appears to be the most efficient and powerful one yet. With a reported J/TH of 42j/TH, that is about %44 more efficient than ... Join Binance Exchange Here! https://www.binance.com/?ref=13795076 Join Kucoin Exchange Here! https://www.kucoin.com/#/?r=7chr68 Mine Bitcoin and other Crypto... Two major ASIC miner manufacturing competitors have begin selling more powerful bitcoin miners, Ebang Communications and Innosilicon. The newest Bitmain Antminer S15 clocks in at 28 terahashes ... Heute schauen wir uns mal den Antminer S9 von Bitmain an. Ihr seht hier ein Unboxing und das Konfigurieren bzw. Einrichten des Miners. Gekauft habe ich ihn b... Cardano Shelley Genesis Block arrives! Binance starts Mining Pool. 68k Bitcoin on the move - Duration: 8:07. Crypto Daily Update 663 views. 8:07. BITCOIN ON BILLIONS - Ripple XRP New Job Role ... 🔥 Get the Ledger Nano X to Safely store your Crypto - https://www.ledgerwallet.com/r/acd6 🔥 Become a Channel Member - https://www.youtube.com/channel/UCjpkws...

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