CryptoSobStories - You could be a millionaire by now
You bought a Pizza for 10,000 BTC? You lost big in a collapsed exchange? You sold a shitcoin with loss to see how it exploded the next day? You missed 1000+1 occasions? You sold your retirement money for the biggest cryptoscam in history? You are not alone! Share your story and find relief from your fellow cryptosobbers! Found stories are also fine.
perfectcoin: the quest for the perfect cryptocurrency
Many cryptocurrencies exist now, with more being launched all the time. This subreddit is not about any one cryptocurrency, but instead a place to exchange links and ideas about what makes the best altcoin and how to improve on features of current altcoins.
Carney highlighted the dollar’s use in international securities issuance, its use as the primary settlement currency for international trades and the fact that companies use dollars as examples of its dominance. However, “developments in the U.S. economy, by affecting the dollar exchange rate, can have large spillover effects to the rest of the world.”
In an article published by ID2020 in 2018, vaccines are the perfect way to introduce digital identity to the world – especially infants. This identity would also be used to grant access to basic rights and services.
Your new digital ID will then be matched with your new digital currency issued by your central bank. They will have the absolute, uncontested right to decide whether you can have access to basic rights and services, or not. It will only take a click on the mouse to deny your access to basic rights and services. And you won't know the reason. It could be for wrong thinking, it could be to pursue another political agenda to eliminate whichever community they decided they need to eliminate. We have seen plenty of evidence this year about the strong political bias that big social media platforms have. Now, with the constant monitoring and analyzing of our data, they can easily tell what are our political opinions. And therefore have your access to basic rights and services denied with a click, if you have the 'wrong' political opinions. And I don't see why they would not do that. In a very close future, you could end up in a situation where you have to choose between being allowed to eat, or vote for the candidate you don't like, but that the system endorses. It's literally the end of democracy, and freedom, and there is no going back once we have switched to this new system. All the above is not even a conspiracy. It's merely about connecting the dots, and understanding the implications. edit: here is a video of Accenture, one of the founding partners of id2020, explaining about the digital dollar I think covid was a catalyst to bring all these changes. Who else than the international financial system has the ability to have all countries on the planet to comply with such severe restriction rules that send their respective economies and societies down the toilet ?
*This is not financial advice or suggestion. Just my opinion* Legend: "S" - super "A" - really good "B" - good "C" - has potential "D" - keeping an eye on it "E" - coins to gamble on Digibyte [DGB]: "S" I mentioned this coin a few times already. It's because DGB is a true successor of Satoshi's philosophy. It's the purest coin in the market. DGB is the "people's money". Dash [DASH]: "S" DAO and masternodes are the future. Satoshi had a vision of altruism. But we cannot expect people to be altruists and lend their infrastructure for the wellbeing of others. The community is just not strong enough to do so. Masternodes are a meritatory focused system to reward those who are willing to lend their infrastructure to be a node in the network. It's a win-win situation for the network and the node owner. Besides acting as a node, it allowed the development of some other features like optional privacy and instant payments. Monero [XMR]: "S" When we think about cash, one of its best features that come to mind is privacy. Monero is probably the most famous privacy coin. Transactions are private by default. Another great thing that Monero is taking care of is the prevention of mining centralization. Being able to mine a coin with a CPU is probably one of the main concepts we forgot when it comes to allowing every person to participate in the network. Vechain [VET]: "A" If you think about the use-cases of blockchain, you cannot forget how impactful it will be for supply chains. So far, Vechain is one of the best solutions. It's also the most adopted for now. Nexus [NXS]: "A" NXS is a coin that deserves to be in the "S" category. But there's still a long way to go for it to achieve that rank. It's a forward-thinking project. They understood how far decentralization has to go to achieve the real meaning of the word. They even though of the quantum computer problem. Fast database, satellites, quantum-resistant, decentralized internet, and user-friendliness are just a few keywords they focus on while developing the coin. Bitcoin [BTC]: "A" I'm somehow ashamed to put Bitcoin this low. But let me explain why I did so, while still keeping it in my top list. First of all, I have to say: "Thank you Satoshi!". Bitcoin got this low on my list because I have a feeling too many powerful people got their hands on it. Some got in for the right reasons, while others are not so benevolent. Bitcoin is not "people money" anymore. IMO (very very humble opinion), Bitcoin was a demo project. A very successful demo project. Satoshi gave us an open-source code as a gift to do with it whatever we want. Blockchain is the gift he gave us, not Bitcoin. And we (the community) did it. Bitcoin became a brand. More people heard of the word "Bitcoin" then "cryptocurrency". On the bright side, Bitcoin is the biggest network in the world. While this is true, hodling some is a good idea. Litecoin [LTC]: "B" At its time, not many understood what Bitcoin is, and what potential blockchains as technology have. Imagine how forward-thinking was Mr. Charlie Lee. He created the first altcoin. Technology-wise, LTC is a different coin. Mr. Lee didn't just copy-paste the code and name it differently. In my eyes, LTC will always be the "crypto silver" making it a good store of value and medium of exchange. Chainlink [LINK]: "B" I believe the solution they are going to provide is too important for the crypto space to ignore it. Oracles are the future, but until we don't see real use-case, it will remain listed as "B". Another reason that doesn't give him the right to be higher in the list is that it's an Eth token. Dogecoin [DOGE]: "C" When you think about content creation, you'll see it's highly centralized. Creators depend on the platform's policies and bread crumbs those platforms leave them even after people click on ads. One of the solutions to reward good creators is to make a fast and easy to use tipping system. The first thing that crosses your mind are probably tokens. But imagine a blockchain of its own that enables fast and cheap transactions. Yes, DGB is the way to go. But there is a coin with higher inflation which you don't want to hold for a long time, but spent around to reward other's work that helped you in some way or you enjoy reading or watching. Dogecoin has the potential of becoming the chosen one for this exact purpose. Verge [XVG]: "C" When Wikileaks added BTC as a donation medium, Satoshi politely asked to remove it because we were poking the hornet's nest. I don't remember he's exact words, but this was the context. A similar thing happened to Verge. It was like the flight of Icarus. Pornhub listed it as an optional payment method drawing a lot of attention to it. Verge was not mature enough for that kind of exposure. After that, it suffered an attack, and people gave up on it. But if you look closely at the technology behind it, you'll see it's a really good coin. It offers privacy differently then Monero does. If you already haven't, I strongly encourage you to read about Verge's tech. You'll be amazed. "D" coins: Polkadot [DOT] Ethereum [ETH] Electroneum [ETN] Cardano [ADA] Siacoin [SC] "E" coins: Theta [THETA] Zilliqa [ZIL] Decred [DCR] Golem [GNT] Enjin [ENJ] Zcoin [XZC] Energi [NRG] Thank you Satoshi!
TL;DR: Wakey wakey, give a crap about freedom, or accept the consequences. Another Sunday afternoon, another news item about Monero being delisted from a centralized exchange, this time in Australia. Last year it was OKEx and others. Just a few days ago it was Coinspot. It is sort of an open secret that Coinbase is not listing Monero due to external pressures. Today we're hit with news that Kraken will be ceasing Monero trading for AU residents. And you will also recall that Japan and South Korea have made similar moves. It's a near impossibility with me, especially when powered by caffeine, which is most definitely the case today, but I will try to make this brief, sweet and to the point. These are not isolated incidents. There is an International Organization™ in particular orchestrating, behind the scenes, the policies and requirements that financial institutions (crypto exchanges have since joined that category for this purpose) must follow, or else. Here is what bothers me about this. Have you been consulted about this? Anyone you know? Heard of it in the news? Yeah, me neither. You have to know where to look to find some information on what they would like to see happening (we'll get to that in a moment), and often you have to read PDFs with dozens of pages to find the good stuff too. I will leave that as an exercise to the reader. Suffice to say, I have been digging a bit deeper myself, and what I found shocked me. FATF wants nothing less than the complete elimination of anonymity and privacy in financial affairs, even going so far as to consider BANNING peer to peer transactions so that people are forced to interact with each other through exchanges, where data collection is more reliable and certain, effectively obliterating one of the major selling points of cryptocurrency (p2p-ness) with complete disregard for the millions of people who are already onboard with the vision. No privacy and no anonymity, imagine that. Many of you probably already use plastic cards for everything, day in day out, and don't think too much about this stuff. But the fact that an international organization that you have little to zero democratic control over is planning to get rid of class of financial tools that 99.99999% of people don't even realize exists yet should give you pause for concern. The tools I speak of are, of course, digital cash-like cryptocurrencies like Monero. I would like you to PAUSE, daydream a bit, visualize and imagine, what a world without zero financial privacy/anonymity would look like. Consider, this has certainly not been the case in human history, ever -- yes, even today. Today most of you still have cash as a choice. But what happens when that goes out of the window, and the only options are CBDCs, CorporateCoins, and transparent cryptocurrency ? Needless to say, both in the case of CorporateCoins and CBDCs, there will be little to none privacy/anonymity, and even if there was (in the case of CorporateCoin), the state would obviously bully its way into it and force them to do otherwise (without being asked to do so, of course). So, imagine that world. Every donation you make. Every $50 transfer to a friend or family member. Every item you buy. Every service you purchase. Every money you send to help a friend you. All of it stored, forever, to be accessed later at will for whatever reasons. Would you make the same choices, knowing that your entire financial life is entirely exposed to powerful organizations of which you likely know very little about and almost certainly can hardly ever influence at all? Does that seem like a good recipe for a free society?
The people at the top either don't care about the consequences of what they're imposing worldwide, or they don't understand. Sounds highly concerning to me either way - It comes down to either bullying or ignorance. Would you ever have truly heart-to-heart conversations if you knew your worst enemy was potentially watching and recording everything? Could you make passionate love knowing hundreds of strangers are analyzing your every move? Can you be spontaneous knowing you are being recorded? What if you did not have a choice in those matters ?! What if someone has already decided for you, your friends, your family, your neighbors, your country, that you are all potential criminals and the thing to do is to keep records on everyone, just in case ? Newsflash: It already happened. It's been happening for awhile, and it seems to be picking up pace; the technology that was going to liberate us, slowly enslaving us instead -- because the general public largely does not understand the issues at hand, while the elite certainly does, and boy oh boy, are they thrilled with the technological advancements that help them cement their power. What do I mean by cement? Imagine trying to kick-start civil rights in a place where every social map is known, everything a person is interested in is known, every transaction they make is known, every website they have visited is known, every time they step on the street, an AI-powered camera automatically identifies them and tracks their movement. You would be unable to organize. To exchange value. To discuss behind curtains, so to speak. You would not have any privacy, and you would not have any anonymity. Could you be free under these circumstances?
It's been a long road towards more freedom, but nowdays it is disappearing fast. Stopping to consider the implications is a most pressing issue. They want Monero(-like tools) GONE because Monero ACTUALLY would change the paradigm. By the time they are done with their "recommendations" (which really mean: comply, or else...), mark my words, there will be a name behind every Bitcoin address in some centralized database, query-able by partners in deciding who can and cannot use the system. Merchants will be forced to perform chain analysis and by law they will be compelled to reject/refund/report transactions coming from "anonymous clusters" (addresses that are not known to have an identity tied to them). This is what the normalization of the lack of privacy has brought us. The possibility was there, and they took it. Of course they did. I repeat, it is no accident that it's not Dogecoin and Nano, Bitcoin or Litecoin being delisted. The star of the show (for better or for worse) is Monero, and that is because it works. It lets you transact anonymously and privately, like cash - why the hell should FATF know that you sent $500 to your mother last week? in fact, why the hell should they know your entire financial history?! When cash goes (and we can be fairly certain that it will be gone; would already be gone if this sort of authoritarian mindset had its way), Monero or tools like Monero, will become the only way to make any transaction outside the eyes of the state. It's not because you have anything (nefarious) to hide. It's not because you're a criminal. Rather, it's because to accept anything else is to bow to tyranny. It's your choice to make - are you meekly going to accept that in perhaps less than a decade there will be zero privacy and anonymity in financial matters, or are you going to fight back? Will you organize, campaign, email, discuss, spread awareness? Will you spend precious summer Sunday afternoons writing for strangers on the Internet trying to help a few more see the major shit-show we're headed into? Or will you be a good boy and do what you're told? Tomorrow, by the way - if left unchallenged - it won't just be financial privacy that disappears. One of the most prominent examples in the introductory part of this post (Australia) has already made quite clear that they don't like the fact that people can hide things from them (encryption). In other words, either they know about it (and archive it forever), or you better let them know. After all, a threat - any threat! - could be lurking somewhere in that encrypted data. And you have nothing to hide anyway, yes? This is a cryptocurrency sub though so let's not steer too far from that. It is important to remember that ultimately the issue is the same though - totalitarian control over everyone's life; mass-surveillance, and the ability to rewind and see someone's entire life exposed for the benefit of the state. Their actions are letting you know what really works and what really threatens the status quo. That is useful information. If you care at all about the freedom and privacy of your future self, your friends and family, children present or future, I think you would do well to think long and hard about these issues. Because the direction assumed by the most prominent regulators seems to be headed in a uniform direction - that is no surprise, seeing as how they meet with each other. You have to ask yourself though, is this for your benefit, your safety? Or is it to keep the statuo quo? How would the world be different if human beings - regardless of color, nationality, age, sexual orientation, political beliefs- with an Internet connection could freely exchange value privately and anonymously (the way we can still communicate private and anonymously in most places today - though not so in authoritarian places like China, AND THAT IS NOT A COINCIDENCE)? It would be instant, like an instant message. It would cost very little. Well, I have news for you: It's already possible, and a growing number of people are realizing this. This tool is called Monero. It exists today, and the cat is out of the bag. The technology will only get better, and more interesting tools may even come along later. In fact, barring mass persecution of open-source developers, that is very likely what is going to happen, as ultrasmart people everywhere congregate in virtual spaces to discuss better ways to do stuff. If we keep losing our right to be left alone until suspected of a crime, life will increasingly come to resemble what the regulator types are - consciously or unconsciously - creating: a Panopticon society. If you don't speak up, then the decision has already been made - and you're probably going to live to regret being complicit in it. Freedom or Tyranny. It's your choice to make. p.s: Yes, totally failed at making this short. I guess it's just not my thing.
Earning Passive Income with Crypto Staking (Legit!)
Okay. So, whether you are new or have been with the bitcoin community for a while, you might not have heard of cryptocurrency staking. Madali lang sya, promise. I will share my experience at the end of this post, pero ano nga ba ang Staking? [SKIP THIS PORTION AND GO TO "HOW TO?" IF YOU DON'T WANT TO BE BORED WITH HISTORY] Compared to bitcoin mining, na sobrang hirap na kasi kailangan mo ng magandang CPU/GPU para lang magka-pera ka. Hindi na sya profittable, kasi malakas sya sa kuryente at bibili ka pa ng mga hardware. Mas eco-friendly ang Crypto Staking. Para syang investment, actually. Hahawak ka lang ng pera sa wallet mo. Mas malaki ang laman ng wallet mo, mas malaki din kita mo. Simple, right? Bakit? Let me introduce you to altcoins. Ang altcoins ay mga cryptocurrency na hindi bitcoin. Example ng mga altcoins ay Ethereum, Litecoin, Dogecoin, and marami pa sila. May mga altcoins na Proof-of-Work (POW). Meaning, kailangan mo talaga ng magandang hardware para maka-mine ka ng bagong coins. On the other hand, may mga Proof-of-Stake (POS) naman na altcoins. Sa mga POS na altcoins, hindi mo kailangan ng napakagandang gaming computer katulad ni Alodia. Ang need mo lang is magkalaman ang wallet mo, at gamit ang balance sa waller, is magva-validate ng mga bagong altcoins. Hindi na ako mag-eexplain pa dahil baka ma bored kayo, so check nyo nalang tong article na to para mas maintindihan nyo: https://www.investopedia.com/terms/p/proof-stake-pos.asp#:~:text=Proof%20of%20Stake%20(PoS)%20concept,power%20he%20or%20she%20has%20concept,power%20he%20or%20she%20has). --------------------------------------------- How to? So paano nga tayo kikita ng passive income dito? Para syang interest - gagamitin ang balance nyo para makagawa ng bagong altcoins. In exchange, may makukuha ka rin sa mga bagong na-validate. Para sayng interest sya bankgo, mas malaki hawak mo, mas malaki din kita mong interest. I won't beat around the bush any longer. Here's how you can start: Ref|Non-Ref Use either of the link above to register to Coinstake.in. Bale, ibibgay nating ang "staking rights" sa kanila. Sila na ang bahala mag-handle ng mga complicated na bahay. Ang gagawin lang natin, is magkaroon lang kayo ng balance sa wallet, and wait. OPTIONAL po ang pag deposit ng pera, OPTIONAL din ang pag-refer. Makaka income pa rin kayo kahit wala kayong ilabas sa bulsa nyo. But of course, more the merrier, which I will share later.
Register using the link above. You can use my referral link, or you can just register normally.
Pag naka-register kana at naka-login na, punta kayo ng faucets. Makakakuha kayo ng libreng altcoins every 60 minutes.
Wait and relax. Every couple hours, is magkaka "stake" or magkakakita si Coinstake. Then, magdi-distribute lang sila ng kita sa mga may balance sa particulat altcoin na yun sa website.
Madali lang, diba? So ngayon, etong altcoins na nakukuha nyo is pwede nyong i-exchange sa mga trading websites para magka BTC kayo. Then, i-withdraw nyo lang sa Coins.ph nyo na account. --------------------------------------------- Personal experience Hindi ko na-discover to actually. May nag-suggest lang sa akin sa Coinpot na subreddit. For the first few days, nagtsaga lang ako sa faucets ng Coinstake. Then, I also spent time on other faucet sites and app. Nag-farm ako ng Dogecoins. Nung naka-ipon na, nag-transfer ako sa Bololex.com. 2 Altcoins ang available sa Bololex - Tokemon (TKM) and Ratcoins (RAT). So, inexchange ko lahat ng Dogecoins ko evenly to Tokemon and Ratcoinsm then inkagay ko sa Coinstake. Siguro nakabili ako ng mga 600,000 na Tokemon, and mga 1,000,000 ng Ratcoin. Ayun, so naghintay lang ako ng 2 days, habang nagcocollect ako sa faucet. Ang TKM ko ay naging 640,000 and RAT ko naman is naging 1,070,000! Not bad for not doing anything. Sit back and relax ako, and may kita ako. Wow! So now I invested P400 lang, and just after 4 days I manage to get approximately 0.00121647 BTC (Sa coinstake kasi, on the upper right corner, it shows an estimates value in BTC). In today value, 784.89 pesos po sya. Screenshot Proof:
FYI, nag start pala ako mid-day ng October 12. So medyo bago rin ako, but I can personally attest na maganda tong website na to. --------------------------------------------- Recommendations on how to cash out Sobrang laki ng transaction fee pag nag cashout ka using BTC. Kung magca-cashout kayo, here's what I recommend.
Convert nyo lahat ng Altcoins nyo into other altcoins. I recommend any of the following: Litecoin, Dogecoin, Bitcoin Cash, Ethereum.
Pagkalagay nyo sa Faucetpay, i-convert nto lahat to just one currency. I recommend namam yung mga sinusupport ni coins ph, which is Litecoin (LTC) or Bitcoin Cash (BCH).
Pag na-credit na coinsph account mo, convert nyo na sa Pesos and kayo na bahala kung paano mag withdraw. :)
--------------------------------------------- Recommended Altcoins Here's what I'm staking right now, since this is what I started with. Tokemon (TKM) / Ratcoin (RAT) Exchange website: https://bololex.com/ I highly recommend Bololex. May games din sila na you can earn what you call BOLO tokens. Pwede mong i-convert yung BOLO sa TKM, which is pang-dagdag din sa balance mo. Minimum bonus TKM you can earn using every few hours is 5000 TKM, which is not bad. Willowcoin (WLLO) / Big Data Cash (BDCASH) / The Big Coin (BIG) / BeanCash (BITB) Exchange website: https://www.unnamed.exchange/ Infinite Ricks (RICK) Exchange website: https://www.altilly.com/ --------------------------------------------- Alam kong mahaba, pero salamat sa pagbabasa :) If you enjoyed staking, you can also consider these 2 websites. Wala nga lang faucets to, so either magdedeposit kayo, or magfafarm kayo ng faucet sa ibang lugar, then transfer nyo dito. Ref|Non-Ref - Stakecube.net Ref|Non-Ref - Stackofstake.com (Yung ipon kong extra na Willowcoin sa Stakecoin may nilalagay din ako dito)
Can Blockchain Gaming Drive Cryptocurrency Adoption?
The gaming industry, with its approximately 2.5 billion gamers worldwide, is a lucrative target and an immense field of application for blockchain itself, Bitcoin and other cryptocurrencies that could no doubt give a mighty push toward taking and making the technology mainstream. Honestly, this is not quite a news as the efforts to establish cryptocurrencies in the entertainment sector have gone a long way, with varying degrees of success. by StealthEX What they were, how it fared, and where things are going now – these questions deserve their own inquiry. So let’s take a look at how gaming facilitates cryptocurrency adoption, in what ways, and whether exposing the blockchain tech to a user base of a third of the world’s population would help oil the wheels of this sportster in a major way and ultimately cause a tectonic shift in the gaming industry itself.
A Little Bit of History
As Bitcoin kicked off in late 2008, with its first transaction hitting, or effectively starting, the blockchain in early January of 2009, it had taken well over two years till the cryptocurrency got involved in online gambling. It was the now-defunct mobile poker platform, Switchpoker, a developer of an online poker room that started to accept Bitcoin as a deposit and payment option. You can still find a topic on Bitcointalk.org about this news dated back to November 23, 2011. In April 2012, Erik Voorhees, an American entrepreneur and early Bitcoin adopter, founded Satoshi Dice, arguably the oldest online cryptocasino on the block, which is still pretty much alive today, although Voorhees sold it in a year. What makes it truly intriguing is the fact that during its early years the casino was generating half of all the transactions on the Bitcoin network. In short, online gambling was critically important in Bitcoin’s infancy years as it helped promote cryptocurrency awareness that led to future growth and expansion into other areas. Some folks are certainly going to argue that gambling is not the same thing as gaming. The commonly accepted view is that gaming is based on skill while gambling on chance. We won’t debate over this point. However, as every poker player knows, the outcome of a poker game depends not only on luck, but also on skill and expertise. Put simply, there are large gray areas and overlaps. All things considered, our exposition would be missing a big chunk of significant history without giving due credit to gambling and how it helped Bitcoin adoption. Now that online gambling is off our chest, we can safely turn to gaming as it is understood in the industry, and look at how it helped the blockchain space. One of the first uses of Bitcoin in a major game that we are aware of started in 2014 with the launch of BitQuest, a Minecraft server that used Bitcoin for in-game transactions. Within the gaming environment you could buy valuable in-game stuff from other users with the so-called bits, small fractions of a Bitcoin, and earn them by completing in-game tasks or challenges like killing local monsters. BitQuest closed the server in summer of 2019, and its brand name now belongs to a different entity not involved with gaming, but it still produced an impact. In essence, this effort successfully demonstrated how a cryptocurrency, in this case Bitcoin, can be used in lieu of a native in-game currency that players can earn, buy and spend as well as withdraw. This has serious implications for two main reasons. First, Bitcoin, unlike any other purely in-game currency, has uses outside the game and its ecosystem, and, second, its supply cannot be manipulated by the game developers, which makes the game by far more fair and square. Needless to say, the example that BitQuest had set encouraged other market participants to look into Bitcoin as an alternative option for in-game currencies. Another popular Minecraft server, PlayMC, also introduced Bitcoin into its world in 2015, but ceased the operation just two years later. There were a few other servers experimenting with altcoins, more specifically, Dogecoin, but most of them disappeared from the scene shortly thereafter, failing to attract enough die-hard Minecraft fans.
What Has Changed?
With the arrival of smart contract-enabled blockchains such as Ethereum, EOS and TRON, the phrase “blockchain gaming” has taken on a more literal meaning as these blockchains allow games to be designed and played entirely on-chain in much the same manner trades are made on a decentralized exchange. While TRON stands for “The Real-time Operating system Nucleus”, there is an obvious reference to a once popular arcade game based on a titular 1982 science fiction film that ultimately garnered a cult following. CryptoKitties is likely the most popular game ever released in the Ethereum ecosystem and probably in the whole crypto space so far. Its test version was made available on October 19, 2017, and it was an instant success. By the end of 2017 over 200,000 people signed up for the game, spending over $20 million in Ether. We won’t delve into its “gameplay” as it is beyond the scope of this article, and most certainly you are well familiar with it anyway. But what we absolutely should write about is the effect it made and the repercussions it produced. It could be said that CryptoKitties was to the Ethereum blockchain what Satoshi Dice had been to Bitcoin in the early days of crypto. At the peak of its popularity the game reportedly accounted for 20-25% of all Ethereum’s traffic that clogged the entire Ethereum network, with transaction fees skyrocketing. No wonder lots of people got pissed off with this turn of events. However, despite all the rage and fury, CryptoKitties amply demonstrated what a success means in the blockchain gaming field, how it looks and feels in practice. It is hard to estimate how much CryptoKitties contributed to cryptocurrency adoption. But given that a few hundred thousand people got involved in this game alone and many more with dozens of blockchain games that it has spawned, like Etherbots, Gods Unchained, The Six Dragons, etc, this indisputable triumph surely counts as a massive contribution by any definition or metric. Moreover, it also revealed the weaknesses of the contemporary blockchain solutions and what exactly should be done to overcome them. Evolution never goes linearly. In fact, it generally doesn’t go in curves, circles, or zig zags, either. It always moves along very diverse routes, directions and entire dimensions like plants and animals, viruses and bacteria, and, well, dinosaurs and mammals. The evolution of gaming in crypto space is no different. СryptoKitties and other games share essentially the same tech under the hood – building games on some advanced general-purpose blockchain such as Ethereum. But it is not the only front that crypto gaming has been advancing on, nor is it the only way to introduce gaming to cryptocurrencies, and vice versa. A more recent approach is based on designing either a standalone cryptocurrency or a token on a smart contract-enabled blockchain to be used across many games that support it as an in-game currency. As a result, gamers can enjoy true ownership of their in-game assets (the so-called non-fungible tokens, or NFTs), safe item trading outside the game, and cross-game compatibility. This path has been taken by such projects as Enjin (ENJ), GAME Credits (GAME), Decentraland (MANA), WAX (WAXP) and others, with their respective cryptocurrencies fueling a range of games. A somewhat different avenue is taken by Funfair (FUN), Chromia (CHR) and Lucid Sight, which are offering platforms that blockchain games can be built on. Thus, Lucid Sight’s Scarcity Engine is focused more on game creators than end users, that is to say, gamers, allowing developers to integrate blockchain into their games. It aims to obliterate the difference between blockchain-based games and traditional gaming platforms. Funfair, on the other hand, leans more toward creating custom-built blockchain casinos, with its FUN token as a casino “chip”. So much for no more gambling, huh. Our account of events would be incomplete if we didn’t mention yet another attempt to make use of Minecraft for the purpose of introducing cryptocurrencies to the gaming public. This time, a new Minecraft mod called SatoshiQuest has emerged. To participate in it, the gamers pay $1 in Bitcoin and get one in-game life. The pooled coins make up the loot, and the challenge is to find a minimum of 400 key fragments into which the keys to the Bitcoin wallet containing the prize are divided. And who said that evolution doesn’t loop?
Challenges and Future Prospects
The knockout popularity of СryptoKitties has clearly shown the scale of cryptocurrency mass adoption that blockchain gaming can trigger. As the game developers themselves put it, their “goal is to drive mainstream adoption of blockchain technology”. They believe that “the technology has immense benefits for consumers, but for those benefits to be realized, it needs to be experienced to be understood”. Speaking more broadly, as more people start using cryptocurrencies for gaming, they may eventually become interested in using their coins for purposes other than playing one game or another. With that said, it is now as clear that there are two main barriers on the way there. The first is the limitations of the blockchain tech itself that essentially limits blockchain gaming to NFTs, in-game currencies, streamlined payments, and similar stuff. This is mostly a technical challenge anyway, and we could realistically expect it to be solved sooner or later. The other issue is applicable to the gaming industry as a whole. People en masse would only play games that are truly engaging and immersive, technical issues aside. So the bottom line is that we need the convergence of these two vectors to make blockchain a dominating force in the gaming industry. First, the blockchain tech should have the capacity for running multiplayer games that major video game developers like Blizzard, Valve and Ubisoft produce, no trade-offs here. Then, we actually need the games like Warcraft, Counter-Strike or Far Cry that can be played on blockchain, to make it matter. Only after we get there, the gaming industry will likely become a primary driver behind cryptocurrency adoption. What are your thoughts on how gaming facilitates cryptocurrency adoption? Tell us your ideas in the comments below. And remember if you need to exchange your coins StealthEX is here for you. We provide a selection of more than 250 coins and constantly updating the list so that our customers will find a suitable option. Our service does not require registration and allows you to remain anonymous. Why don’t you check it out? Just go to StealthEX and follow these easy steps: ✔ Choose the pair and the amount for your exchange. For example BTC to ETH. ✔ Press the “Start exchange” button. ✔ Provide the recipient address to which the coins will be transferred. ✔ Move your cryptocurrency for the exchange. ✔ Receive your coins. Follow us on Medium, Twitter, Facebook, and Reddit to get StealthEX.io updates and the latest news about the crypto world. For all requests message us via [[email protected]](mailto:[email protected]). The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision. Original article was posted onhttps://stealthex.io/blog/2020/09/22/can-blockchain-gaming-drive-cryptocurrency-adoption/
https://preview.redd.it/3hvo8njlpxm51.png?width=1280&format=png&auto=webp&s=fee39be9837cf9a8f8b581a20b851d069589957d The Dash FastPass initiative is a really great idea. A while ago, I released a video outlining the situation that Dash now had the potential to enable near-instantaneous transfers between exchanges due to its InstantSend and Chainlocks technologies. The exchanges, though, were sleeping on this potential to delight their users with a better experience. How can Dash offer instant transactions? On the surface, the same way that any other proof of work coin could do it: 0-conf. Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, they're all capable of doing this. But, with 0-conf you run the risk of double-spend attacks that have been proven to be quite trivial to pull off if one knows what they are doing. So, the Dash development team, understanding the need for both speedy and secure transactions, developed InstantSend and Chainlocks to give Dash transactions triple-stage security... Read more: https://www.dashnation.com/media/voices-of-dash-nation/dash-fastpass-a-trial-run-for-dash-platform/ Thanks for reading!
New England New England 6 States Songs: https://www.reddit.com/newengland/comments/er8wxd/new_england_6_states_songs/ NewEnglandcoin Symbol: NENG NewEnglandcoin is a clone of Bitcoin using scrypt as a proof-of-work algorithm with enhanced features to protect against 51% attack and decentralize on mining to allow diversified mining rigs across CPUs, GPUs, ASICs and Android phones. Mining Algorithm: Scrypt with RandomSpike. RandomSpike is 3rd generation of Dynamic Difficulty (DynDiff) algorithm on top of scrypt. 1 minute block targets base difficulty reset: every 1440 blocks subsidy halves in 2.1m blocks (~ 2 to 4 years) 84,000,000,000 total maximum NENG 20000 NENG per block Pre-mine: 1% - reserved for dev fund ICO: None RPCPort: 6376 Port: 6377 NewEnglandcoin has dogecoin like supply at 84 billion maximum NENG. This huge supply insures that NENG is suitable for retail transactions and daily use. The inflation schedule of NengEnglandcoin is actually identical to that of Litecoin. Bitcoin and Litecoin are already proven to be great long term store of value. The Litecoin-like NENG inflation schedule will make NewEnglandcoin ideal for long term investment appreciation as the supply is limited and capped at a fixed number Bitcoin Fork - Suitable for Home Hobbyists NewEnglandcoin core wallet continues to maintain version tag of "Satoshi v0.8.7.5" because NewEnglandcoin is very much an exact clone of bitcoin plus some mining feature changes with DynDiff algorithm. NewEnglandcoin is very suitable as lite version of bitcoin for educational purpose on desktop mining, full node running and bitcoin programming using bitcoin-json APIs. The NewEnglandcoin (NENG) mining algorithm original upgrade ideas were mainly designed for decentralization of mining rigs on scrypt, which is same algo as litecoin/dogecoin. The way it is going now is that NENG is very suitable for bitcoin/litecoin/dogecoin hobbyists who can not , will not spend huge money to run noisy ASIC/GPU mining equipments, but still want to mine NENG at home with quiet simple CPU/GPU or with a cheap ASIC like FutureBit Moonlander 2 USB or Apollo pod on solo mining setup to obtain very decent profitable results. NENG allows bitcoin litecoin hobbyists to experience full node running, solo mining, CPU/GPU/ASIC for a fun experience at home at cheap cost without breaking bank on equipment or electricity. MIT Free Course - 23 lectures about Bitcoin, Blockchain and Finance (Fall,2018) https://www.youtube.com/playlist?list=PLUl4u3cNGP63UUkfL0onkxF6MYgVa04Fn CPU Minable Coin Because of dynamic difficulty algorithm on top of scrypt, NewEnglandcoin is CPU Minable. Users can easily set up full node for mining at Home PC or Mac using our dedicated cheetah software. Research on the first forked 50 blocks on v1.2.0 core confirmed that ASIC/GPU miners mined 66% of 50 blocks, CPU miners mined the remaining 34%. NENG v1.4.0 release enabled CPU mining inside android phones. Youtube Video Tutorial How to CPU Mine NewEnglandcoin (NENG) in Windows 10 Part 1 https://www.youtube.com/watch?v=sdOoPvAjzlE How to CPU Mine NewEnglandcoin (NENG) in Windows 10 Part 2 https://www.youtube.com/watch?v=nHnRJvJRzZg How to CPU Mine NewEnglandcoin (NENG) in macOS https://www.youtube.com/watch?v=Zj7NLMeNSOQ Decentralization and Community Driven NewEnglandcoin is a decentralized coin just like bitcoin. There is no boss on NewEnglandcoin. Nobody nor the dev owns NENG. We know a coin is worth nothing if there is no backing from community. Therefore, we as dev do not intend to make decision on this coin solely by ourselves. It is our expectation that NewEnglandcoin community will make majority of decisions on direction of this coin from now on. We as dev merely view our-self as coin creater and technical support of this coin while providing NENG a permanent home at ShorelineCrypto Exchange. Twitter Airdrop Follow NENG twitter and receive 100,000 NENG on Twitter Airdrop to up to 1000 winners Graphic Redesign Bounty Top one award: 90.9 million NENG Top 10 Winners: 500,000 NENG / person Event Timing: March 25, 2019 - Present Event Address: NewEnglandcoin DISCORD at: https://discord.gg/UPeBwgs Please complete above Twitter Bounty requirement first. Then follow Below Steps to qualify for the Bounty: (1) Required: submit your own designed NENG logo picture in gif, png jpg or any other common graphic file format into DISCORD "bounty-submission" board (2) Optional: submit a second graphic for logo or any other marketing purposes into "bounty-submission" board. (3) Complete below form. Please limit your submission to no more than two total. Delete any wrongly submitted or undesired graphics in the board. Contact DISCORD u/honglu69#5911 or u/krypton#6139 if you have any issues. Twitter Airdrop/Graphic Redesign bounty sign up: https://goo.gl/forms/L0vcwmVi8c76cR7m1 Milestones
Sep 3, 2018 - Genesis block was mined, NewEnglandcoin created
Sep 8, 2018 - github source uploaded, Window wallet development work started
Sep 11,2018 - Window Qt Graphic wallet completed
Sep 12,2018 - NewEnglandcoin Launched in both Bitcointalk forum and Marinecoin forum
Sep 14,2018 - NewEnglandcoin is listed at ShorelineCrypto Exchange
Sep 17,2018 - Block Explorer is up
Nov 23,2018 - New Source/Wallet Release v1.1.1 - Enabled Dynamic Addjustment on Mining Hashing Difficulty
Nov 28,2018 - NewEnglandcoin became CPU minable coin
Nov 30,2018 - First Retail Real Life usage for NewEnglandcoin Announced
Dec 28,2018 - Cheetah_Cpuminer under Linux is released
Dec 31,2018 - NENG Technical Whitepaper is released
Jan 2,2019 - Cheetah_Cpuminer under Windows is released
Jan 12,2019 - NENG v1.1.2 is released to support MacOS GUI CLI Wallet
Jan 13,2019 - Cheetah_CpuMiner under Mac is released
Feb 11,2019 - NewEnglandcoin v1.2.0 Released, Anti-51% Attack, Anti-instant Mining after Hard Fork
Mar 16,2019 - NewEnglandcoin v22.214.171.124 Released - Ubuntu 18.04 Wallet Binary Files
Apr 7, 2019 - NENG Report on Security, Decentralization, Valuation
Apr 21, 2019 - NENG Fiat Project is Launched by ShorelineCrypto
Sep 1, 2019 - Shoreline Tradingbot project is Launched by ShorelineCrypto
Dec 19, 2019 - Shoreline Tradingbot v1.0 is Released by ShorelineCrypto
Jan 30, 2020 - Scrypt RandomSpike - NENG v1.3.0 Hardfork Proposed
Feb 24, 2020 - Scrypt RandomSpike - NENG core v1.3.0 Released
Jun 19, 2020 - Linux scripts for Futurebit Moonlander2 USB ASIC on solo mining Released
Jul 15, 2020 - NENG v1.4.0 Released for Android Mining and Ubuntu 20.04 support
Jul 21, 2020 - NENG v126.96.36.199 Released for MacOS Wallet Upgrade with Catalina
Jul 30, 2020 - NENG v188.8.131.52 Released for Linux Wallet Upgrade with 8 Distros
Aug 11, 2020 - NENG v184.108.40.206 Released for Android arm64 Upgrade, Chromebook Support
Aug 30, 2020 - NENG v220.127.116.11 Released for Android/Chromebook with armhf, better hardware support
2018 Q3 - Birth of NewEnglandcoin, window/linux wallet - Done
2018 Q4 - Decentralization Phase I
Blockchain Upgrade - Dynamic hashing algorithm I - Done
Cheetah Version I- CPU Mining Automation Tool on Linux - Done
2019 Q1 - Decentralization Phase II
Cheetah Version II- CPU Mining Automation Tool on Window/Linux - Done
Blockchain Upgrade Dynamic hashing algorithm II - Done
2019 Q2 - Fiat Phase I
Assessment of Risk of 51% Attack on NENG - done
Launch of Fiat USD/NENG offering for U.S. residents - done
Initiation of Mobile Miner Project - Done
2019 Q3 - Shoreline Tradingbot, Mobile Project
Evaluation and planning of Mobile Miner Project - on Hold
Initiation of Trading Bot Project - Done
2019 Q4 - Shoreline Tradingbot
Shoreline tradingbot Release v1.0 - Done
2020 Q1 - Evaluate NENG core, Mobile Wallet Phase I
NENG core Decentralization Security Evaluation for v1.3.x - Done
Light Mobile Wallet Project Initiation, Evaluation
2020 Q2 - NENG Core, Mobile Wallet Phase II
NENG core Decentralization Security Hardfork on v1.3.x - Scrypt RandomSpike
Light Mobile Wallet Project Design, Coding
2020 Q3 - NENG core, NENG Mobile Wallet Phase II
Review on results of v1.3.x, NENG core Dev Decision on v1.4.x, Hardfork If needed
Light Mobile Wallet Project testing, alpha Release
2020 Q4 - Mobile Wallet Phase III
Light Mobile Wallet Project Beta Release
Light Mobile Wallet Server Deployment Evaluation and Decision
When we were a much smaller society, people could trade in the community pretty easily, but as the distance in our trade grew, we ended up inventing institutions such as banks, markets, stocks etc. that help us to conduct financial transactions. The currencies we are operating with nowadays are bills or coins, controlled by a centralized authority and tracked by previously mentioned financial institutions. The thing is, having a third party in our money transactions is not always what we wish for. But fortunately, today we have a tool that allows us to make fast and save financial transactions without any middlemen, it has no central authority and it is regulated by math. Sounds cool, right? Cryptocurrency is this tool. It is quite a peculiar system, so let’s take a closer look at it. by StealthEX
Layers of a crypto-cake
Layer 1: Blockchain
First of all – any cryptocurrency is based on the blockchain. In simple words, blockchain is a kind of a database. It stores information in batches, called blocks that are linked together in a chronological way. As the blockchain is not located in one place but rather on thousands of computers around the globe, the blockchain and the transactions thus are decentralized, they have no head center. The newest blocks of transaction are continuously added on (or changed) to all the previous blocks. That’s how you get a cryptocurrency blockchain. The technology’s name is a compound of the words “block” and “chain”, as the “blocks” of information are linked together in a “chain”. That’s how crypto security works – the information in the recently created block depends on the previous one. It means that no block can be changed without affecting the others, this system prevents a blockchain from being hacked. There are 2 kinds of blockchain: private and public. Public, as goes by its name, is publicly available blockchain, whereas private blockchain is permissioned, which only a limited number of people have access to.
Layer 2: Transaction
In fact, everything begins with the intention of someone to complete a transaction. A transaction itself is a file that consists of the sender’s and recipient’s public keys (wallet addresses) and the amount of coins transferred. The sender begins by logging in into his cryptocurrency wallet with the private key – a unique combination of letters and numbers, something you would call a personal password in a bank. Now the transaction is signed and the first step which is called basic public key cryptography is completed. Then the signed (encrypted) transaction is shared with everyone in the cryptocurrency network, meaning it gets to every other peer. We should mention that the transaction is firstly queued up to be added to the public ledger. Then, when it’s broadcasted to the public ledger, all the computers add a new transaction to a shared list of recent transactions, known as blocks. Having a ledger forces everyone to “play fair” and reduce the risk of spending extra. The numbers of transactions are publicly available, but the information about senders and receivers is encrypted. Each transaction holds on to a unique set of keys. Whoever owns a set of keys, owns the amount of cryptocurrency associated with those keys (just like whoever owns a bank account owns the money in it). This is how peer-to-peer technology works.
Layer 3: Mining
Now let’s talk about mining. Once confirmed, the transaction is forever captured into the blockchain history**.** The verification of the block is done by Cryptocurrency Miners – they verify and then add blocks to the public ledger. To verify them, miners go down on the road of solving a very difficult math puzzle using powerful software, which is that the computer needs to produce the correct sequence number – “hash” – that is specific to the given block, there is not much chance of finding it. Whoever solves the puzzle first, gets the opportunity to officially add a block of transactions to the ledger and get fresh and new coins as reward. The reward is given in whatever cryptocurrency’s blockchain miners are operating into. For example, BTC originally used to reward miners in 50 BTC, but after the first halving it decreased to 25 BTC, and at present time it is 6.25 BTC. The process of miners competing against each other in order to complete the transactions on the network and get rewarded is known as the Proof-of-Work (PoW) algorithm, which is natural for BTC and many other cryptocurrencies. Also there are another consensus mechanisms: Proof-of-Stake (PoS), Delegated Proof-of-Stake (dPoS), Proof-of-Authority (PoA), Byzantine Fault Tolerance (BFT), Practical Byzantine Fault Tolerance (pBFT), Federated Byzantine Agreement (FBA) and Delegated Byzantine Fault Tolerance (dBFT). Still, all of them are used to facilitate an agreement between network participants. The way that system works – when many computers try to verify a block – guarantees that no computer is going to monopolize a cryptocurrency market. To ensure the competition stays fair, the puzzle becomes harder as more computers join in. Summing it up, let’s say that mining is responsible for two aspects of the crypto mechanism: producing the proof and allowing more coins to enter circulation.
Types of cryptocurrency
In the virtual currency world there are a bunch of different cryptocurrency types with their own distinctive features. The first cryptocurrency is, of course, Bitcoin. Bitcoin is the first crypto coin ever created and used. BTC is the most liquid cryptocurrency in the market and has the highest market cap among all the cryptocurrencies.
The term ‘altcoins’ means ‘alternatives’ of Bitcoin. The first altcoin Namecoin was created in 2011 and later on hundreds of them appeared in crypto-world, among them are Ravencoin, Dogecoin, Litecoin, Syscoin etc. Altcoins were initially launched with a purpose to overcome Bitcoin’s weak points and become upgraded substitutes of Bitcoin. Altcoins usually stand an independent blockchain and have their own miners and wallets. Some altcoins actually have boosted features yet none of them gained popularity akin to Bitcoin. More about altcoins in our article.
Token is a unit of account that is used to represent the digital balance of an asset. Basically tokens represent an asset or utility that usually are made on another blockchain. Tokens are registered in a database based on blockchain technology, and they are accessed through special applications using electronic signature schemes. Tokens and cryptocurrencies are not the same thing. Let’s explain it more detailed: • First of all, unlike cryptocurrencies, tokens can be issued and managed both centralized and decentralized. • The verification of the token transactions can be conducted both centralized and decentralized, when cryptocurrencies’ verification is only decentralized. • Tokens do not necessarily run their own blockchain, but for cryptocurrencies having their own blockchain is compulsory. • Tokens’ prices can be affected by a vast range of factors such as demand and supply, tokens’ additional emission, or binding to other assets. On the other hand, the price of cryptocurrencies is completely regulated by the market. Tokens can be: • Utility tokens – something that accesses a user to a product or service and support dApps built on the blockchain. • Governance tokens – fuel for voting systems executed on the blockchain. • Transactional tokens – serve as a unit of accounts and used for trading. • Security tokens – represent legal ownership of an asset, can be used in addition to or in place of a password. Tokens are usually created through smart contracts and are often adapted to an ICO – initial coin offering, which is a means of crowdfunding. It is much easier to create tokens, that is why they make a majority of coins in existence. Altcoin and token blockchains work on the concept of smart contracts or decentralized applications, where the programmable, self-executing code is ruling the transactions within a blockchain. By the way, the vast majority of tokens were distributed on the Ethereum platform.
Generally a fork occurs when a protocol code, on which the blockchain is operating, is being changed, modified and updated by developers or users. Due to the changes, the blockchain splits into 2 paths: an old way of doing things and a new way. These changes may happen because: a disagreement between users and creators; a major hack, as it was with Ethereum; developers’ decision to fix errors and add new functionality. The blockchain mainly splits into hard forks and soft forks. Shortly speaking, coin hard forks cannot work with older versions while soft forks still can work with older versions. Hard fork – after a hard fork, a new version is completely separated from the previous one, there’s no connection between them anymore, although the new version keeps the data of all the previous transactions but now on, each version will have its own transaction history. In order to use the new versions, every node has to upgrade their software. A hard fork requires majority support (or consensus) from coin holders with a connection to the coin network. If enough users don’t update then you will be unable to get a clean upgrade which could lead to a break in the blockchain. Soft fork – a protocol change, but with backward compatibility. The rules of the network have been changed, but nodes running the old software will still be able to validate transactions, but those updated nodes won’t be able to mine new blocks. So to be used and useful, soft forks require the majority of the network’s hash power. Otherwise, they risk becoming set out and anyway ending up as a hard fork.
As it comes from the name, stablecoins are price-stabilized that are becoming big in the crypto world. Still enjoying most of the “typical-cryptocurrency” benefits, it is standing out as a fixed and stable coin, not volatile at all. Stablecoins’ values are stabilized by pegging them to other assets such as the US Dollar or gold. Stablecoins include Tether (USDT), Standard (PAX), Gemini Dollar (GUSD) which are backed by the US Dollar and approved by the New York State Department of Financial Services.
Now that we hacked into cryptocurrency, you probably understand that it is much less mysterious than it first seemed. Nowadays, cryptocurrencies are making the revolution of the financial institution. For example, Bitcoin is currently used in 96 countries and growing, with more than 12,000 transactions per hour. More and more investors are involved, banks and governments realize that these cutting edge technologies are prone to draw their control away. Cryptocurrencies are slowly changing the world and you can choose – either stand beside and observe or become part of history in the making. And remember if you need to exchange your coins StealthEX is here for you. We provide a selection of more than 300 coins and constantly updating the cryptocurrency list so that our customers will find a suitable option. Our service does not require registration and allows you to remain anonymous. Why don’t you check it out? Just go to StealthEX and follow these easy steps: ✔ Choose the pair and the amount for your exchange. For example BTC to ETH. ✔ Press the “Start exchange” button. ✔ Provide the recipient address to which the coins will be transferred. ✔ Move your cryptocurrency for the exchange. ✔ Receive your coins. Follow us on Medium, Twitter, Facebook, and Reddit to get StealthEX.io updates and the latest news about the crypto world. For all requests message us via [[email protected]](mailto:[email protected]). The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision. Original article was posted onhttps://stealthex.io/blog/2020/09/29/how-does-cryptocurrency-works/
https://preview.redd.it/89n69leqoxm51.png?width=1280&format=png&auto=webp&s=6fdf907a101d6cf49abaeb90409900d7e87e4d7f The Dash FastPass initiative is a really great idea. A while ago, I released a video outlining the situation that Dash now had the potential to enable near-instantaneous transfers between exchanges due to its InstantSend and Chainlocks technologies. The exchanges, though, were sleeping on this potential to delight their users with a better experience. How can Dash offer instant transactions? On the surface, the same way that any other proof of work coin could do it: 0-conf. Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, they're all capable of doing this. But, with 0-conf you run the risk of double-spend attacks that have been proven to be quite trivial to pull off if one knows what they are doing. So, the Dash development team, understanding the need for both speedy and secure transactions, developed InstantSend and Chainlocks to give Dash transactions triple-stage security... Read more: https://www.dashnation.com/media/voices-of-dash-nation/dash-fastpass-a-trial-run-for-dash-platform/ Thanks for reading!
https://preview.redd.it/jkbtl86arxm51.png?width=1280&format=png&auto=webp&s=022434af6a968166947a59c84d9883876650629a The Dash FastPass initiative is a really great idea. A while ago, I released a video outlining the situation that Dash now had the potential to enable near-instantaneous transfers between exchanges due to its InstantSend and Chainlocks technologies. The exchanges, though, were sleeping on this potential to delight their users with a better experience. How can Dash offer instant transactions? On the surface, the same way that any other proof of work coin could do it: 0-conf. Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, they're all capable of doing this. But, with 0-conf you run the risk of double-spend attacks that have been proven to be quite trivial to pull off if one knows what they are doing. So, the Dash development team, understanding the need for both speedy and secure transactions, developed InstantSend and Chainlocks to give Dash transactions triple-stage security... Read more: https://www.dashnation.com/media/voices-of-dash-nation/dash-fastpass-a-trial-run-for-dash-platform/ Thanks for reading!
With the departure of FaucetHub, there are currently 2 Faucet aggregator sites on the market. In this article we will explain how to earn cryptocurrencies with Faucetpay. First of two articles dedicated to the portals on which most of the faucet sites rely. The next will be focused on Express Crypto while for FaucetPanel we prefer to wait for its greater use. Before proceeding with reading and starting to earn cryptocurrencies with FaucetPay, we recommend that you sign up immediately. After logging in, you will be directed to the main Dashboard. The menu is very complete and we will try to describe it quickly but in detail. The Dashboard The Dashboard, where you will initially find yourself, is divided into User Dashboard and Faucet Owner Dashboard. Through the F.O.D. you can connect your faucet site, if you have one, and use its functions for the movement of funds and generated earnings. The U.D. is in turn composed of the following items: - Overview, which shows the current balance of the 6 cryptocurrencies supported by FaucetPay (Bitcoin, Ethereum, Dogecoin, Litecoin, Bitcoin Cash and Dash), some daily information (dollars earned, payments received and faucets visited) and the updated list of all amounts you earned including site of origin and date. Earn cryptocurrencies with FaucetPay - Statistics, the total earned of each cryptocurrency during the current month - Linked Addresses, here you will need to enter the connection addresses to the four cryptocurrencies (even more than one for each of them) that you can subsequently use on all faucets that rely on FaucetPay. For convenience, we have entered those generated by the Exodus multi-currency wallet. - Deposit, the deposit addresses provided by Faucetpay to be used for sending funds on the site. - Withdraw, the section dedicated to transfers to your personal wallets. From the drop-down menus, select the crypto, one of the linked wallet addresses and the amount to be transferred. Just below, the history of all mailings made will be shown. The other menus' Earn, shows the methods to earn cryptocurrencies with FaucetPay offered. We report them below: - Faucet List, four long lists (one for each supported cryptocurrency) of faucet sites connected to FaucetPay provided with direct links to each of them. However, many are disappointing ones. Follow our articles dedicated only to the best and most updated among them. - Rock Paper Scissors, here you will have to look for an opponent to bet against to play the classic Chinese morra. - Offerwall, the unmissable section full of surveys and tasks to perform to earn cryptocurrencies with FaucetPay in many different ways. - Paid To Click, by displaying advertisements on the active screen, small quantities of Satoshi will be obtained in exchange Multiply BTC, another of the more classic sections of faucet sites in which you will have to bet by trying to guess if the number that will come out will be higher or lower than that predetermined by the many options offered here. Exchange, Faucetpay gives you the opportunity to exchange the 6 cryptocurrencies with each other in order to reach the minimum transfer amount more quickly Affiliate, the referral section. The following will be listed in succession: the bonuses you will get from your referrals; your referral URL; the number of your subscribers and the total they have earned you; a link to the banner animations to insert on your site; the ranking of the Competition (when it is in progress) drawn up on the basis of the higher amounts obtained by its members. Earning cryptocurrencies with FaucetPay: even for those who want to advertise Advertise, dedicated to those who intend to advertise their site using the platform offered by FaucetPay. Two methods can be used: through sponsorship or through the classic Paid to Click. Many options are offered thanks to which it is possible to decide the duration and amount of expenditure of the advertising campaign. Api, section dedicated to the developers of faucet sites. We will not extend further as it is beyond the scope of our articles dedicated to users of faucet sites and not to creators. Help, which in turn groups several items: - Fees, the fixed commissions to be paid for cryptocurrency shipments to your personal wallets and the minimum transfer amount - FAQ, a list of answers to the main questions of users of the site - Statistics, a complete collection of all the statistics of FaucetPay members - Telegram Group, the link to the FaucetPay Telegram channel - Contact, the contact form in case you encounter any problems or inconveniences Finally, by clicking on your account icon at the top right, you will see other items. In addition to the already discussed Dashboard, Deposit, Withdrawal and Linked Addresses, Account Settings is also available thanks to which it is possible to change the email address, password, enable Google 2-factor verification and enable the Dice betting game. . And that's it! Check back periodically for our articles as the faucet sites are always constantly updated. Which we will promptly report on these pages. See you soon! If you liked this article and would like to contribute with a donation: Bitcoin: 1Ld9b165ZYHZcY9eUQmL9UjwzcphRE5S8Z Ethereum: 0x8D7E456A11f4D9bB9e6683A5ac52e7DB79DBbEE7 Litecoin: LamSRc1jmwgx5xwDgzZNoXYd6ENczUZViK Stellar: GBLDIRIQWRZCN5IXPIKYFQOE46OG2SI7AFVWFSLAHK52MVYDGVJ6IXGI Ripple: rUb8v4wbGWYrtXzUpj7TxCFfUWgfvym9xf By: cryptoall.it Telegram Channel: t.me/giulo75 Netbox Browser: https://netbox.global/PZn5A
Imagine being in the ocean and trying to swim ashore, but as much as you try you are still in the same spot after a while. That is Doge’s current situation. Doge has the potential to be the next big thing or for a lack of better terms the one coin that can completely revolutionize cryptocurrency. For starters, Doge has one of the most unique communities in terms of activity and size. I’m guessing that many of us come from different backgrounds and have different professional experiences. The one thing that unites us is our love for Doge. However, our community needs to take time and analyze the future of Doge. Doge has hit a plateau, which demands immediate attention. By taking a closer look at the numbers we can see that Doge lives in a constant Yo-yo like environment. It goes up a bit and then it corrects itself, never reaching or advancing past its projections. There’s no reason for Doge not to have reached the top 10 or at least be worth more than coins like Ripple. IF WE DON’T TAKE ACTION THE FUTURE IS BLEAK. We need to define what we want to do with Doge. Do we want a coin that can be potentially life changing for many of us or do we want to keep the status quo where our coin is seen more like a Meme than anything else. It is important to mention that Doge lacks leadership. We lack a figure head that can provide the necessary vision or guidance to help the coin take the next step. We are facing an immediate financial crisis after the Coronavirus Pandemic ends. That means that most people will look for ways to safeguard their assets. Bitcoin is a great coin but it lacks a committed community like ours or the simplicity that Doge provides. Also, I’m sure we have people here that are suffering financially and any jump in price will help them. MY PROPOSAL: I’m proposing to create the Doge Coin Collective: this collective will look for ways to make Doge coin more mainstream and also for ways to make it more valuable. The second step should be to explore capping Doge coin at least temporarily, this will certainly give us an opportunity to create more valuation and a more centralized approach where we pause and explore better ways to utilize Doge. The cap should be temporary. The Elon Musk effect: Doge has the support of arguably one of the most successful entrepreneurs in history. We should be capitalizing on his endorsement. We should explore the possibility of creating some buzz about Dogecoin using celebrities or influencers. New Dogecoin Market Exchange: Binance, Coinbase or Robinhood haven’t done much to make exchanging Doge easier or more accessible to the amateur trader. Therefore we should explore creating a Doge Market Exchange where trading is easier and where people have more access to the coin. In addition we should redefine how the coin is utilized. Take for example, the current situation where sadly people don’t have access to some of the most basic items. If we had a market where you could exchange Doge for goods or services then it would’ve made life easier for many of us here. TO FINALIZE: There’s no doubt that Doge coin is very special and have the potential to have a meaningful impact in our daily lives. However if we don’t take immediate action it’s future is bleak at best. I predict that we’ll lose roughly 25-40% of our community within the next 12-24 months given the unpredictability of the current economy. If we enter a recession people will start panicking and will start selling their coins. The would be devastating for Doge. The good news is that we have time and the human capital to take necessary action in order to preserve the future of our beloved coin. Remember this is mere a suggestion and I would love you get meaningful feedback.
Earning with Cryptocurrencies: “Cointiply” The King of Faucet!
The Direct Faucet with the largest community in the category. Earning with cryptocurrencies is no longer a saying! Cointiply immediately presents itself as a faucet site very rich in features and options. Perhaps one of the most complex of all. Thanks to it, you can earn with cryptocurrencies, accumulated through faucets and PTCs (advertising displays), in many different ways that we will explain extensively in the article. If Coinpot, thanks to its faucets, ideally represents the famous expression of the crypto world "To The Moon", Cointiply is the undisputed king of faucet sites due to the very high number of subscribers. Let's proceed with registration immediately by following the banner below. Rarely as in this case it is necessary to do it immediately as it would be difficult to follow the guide without being able to do it step by step. After logging in, you will enter the Dashboard, which collects all the menus and submenus of the site. Starting from the top, the total amount of cryptocurrencies earned with three different value measures will be shown on the right: Coins, Dollars and Bitcoin. Just below you will see your nickname chosen when registering. Selecting it, a drop-down menu will appear showing the following items: - Account Settings, where you can activate some functions offered by the site: enable annual interest when the balance exceeds 35000 Coins, allowing you to earn exponentially with the accumulated cryptocurrencies; receive notifications about new earning opportunities, share your profile with other users, change your nickname and enable 2-factor verification both with Google Authenticator and via email. - Manage Premium, in this section it is possible to upgrade your account which will bring various benefits including the elimination of advertisements. In the event that you do not have the necessary funds, it is possible to participate in a drawing in which a Premium account will be raffled off by purchasing a ticket worth 340 Coins. - Withdraw, thanks to which you can make the transfer of the crypto gudagnate. It is possible to choose between 2 different wallets: Bitcoin and DogeCoin. The minimum threshold for the Bitcoin wallet is 50,000 Coins while for the Dogecoin one it is 30,000 Coins. We remind you that once the 35000 Coins accumulated threshold is exceeded, the stock on the site will yield an interest of 5% per annum on the total balance, allowing you to further earn with your hard-earned cryptocurrencies. - Help & Support, the inevitable help and in-depth section - Logout, to exit the site On the left is the main menu, also divided into various sections: - Cointivity Profile, which shows your CointiPoints balance, your level and your current ranking. Just below, the Boosts you may have purchased and equipped and the consumables you have unlocked by leveling up are listed. We are talking about "Items" that can be obtained by opening the paid crates in the Inventory & Pods subsection. The list of content that you can fortunately receive is listed in the other subsections Item List and Collections. The last item in this section, Leaderboard, draws up the daily and historical ranking of the site's most active users. - Earn Coins, refers to the Dashboard and lists all the ways to earn cryptocurrencies that the site makes available: surveys and tasks to be performed, the faucet, multiplayer, watch some videos, view the advertising pages, play some classic videogames, your referral URL and the 5% annual interest on accumulated funds we talked about above. - Faucet, or Roll the Faucet, which can be performed every 60 minutes, which will reward you with a variable amount under the different bands visible on the right. Scrolling down you will see a series of links and information, which are repeated on the site, which we have already talked about almost fully. The most important is the keeping of the loyalty bonus which will grow by 1% per day until the 100% threshold is reached, but only if you make at least one daily claim. - Settings, described at the beginning of the article - Promos, where Coins Bonuses will be obtained thanks to promo codes for those who agree to receive notifications via browser. - News, site news always updated! - Help, the FAQ page. Everything is explained! - Crypto Prices, the value and market trends of the main cryptocurrencies. Before continuing, a brief explanation of the Dashboard, which at first glance would seem chaotic. In addition to the menu on the right, there is also one at the top next to the title that includes all the links, functions and opportunities to earn with the cryptocurrencies we have described. Its presence serves to optimize the usability of the mobile version of the site, identical in all respects to the desktop version, with the exception of the menus. In the center of the Dashboard page, broad visibility is given to the main offers and surveys made available on the site. Just below, the Earn Coins box with all the ways to earn cryptocurrencies. It is right to spend a few more words for some of the aforementioned items: - Offers, where you can accumulate Coins by completing surveys, viewing particular videos and much more. A section that guarantees great bonuses but obviously takes a long time. And polls aren't always successful. - Roll the Faucet, described above. - Multiplier, a nice game with dreamlike background music in which you can challenge your luck to get higher and higher amounts. Dedicated to those who love risk and betting and want to earn with cryptocurrencies obtained from faucets and PTCs. - Videos, thanks to which it is possible to earn Coins simply by watching videos. Useful is the fact that the site shows a preview of the income that will be obtained and the videos that you will have to view. - PTC Ads, a section where you are rewarded with Coins simply by visiting advertising web pages. Perhaps the most profitable option ever on the site taking into account the short time it takes to occupy. You can also create advertising campaigns for your site and manage them directly from this section thanks to the numerous options offered. The history of all the PTC Ads displayed is remarkable. The FAQ section is very useful, the first case ever for this earning methodology, which explains how PTC Ads work. Finally, thanks to Deposit Bitcoin, you can generate a wallet address to make deposits to be used in your advertising campaigns. - Games, where by playing certain online games you will get Coins in exchange. Definitely to try sometime. - Referrals, where you will find your unique referral URL, the details of all your subscribers and the total amount of cryptocurrencies that have earned you. You will get a 25% bonus on faucets and 10% on other offers / modalities Finally, let's not forget the chat, which is very useful and very popular with users registered with Cointiply. The pink "Start Chatting" button to access it is not very visible and is located above the left menu. Let us remember once again that the mobile version offers the exact same features as the desktop one. In these days the App version has also been released, to which we will dedicate a specific article! If you still have doubts about this vast faucet site, or rather, would you like to give us some advice, do not hesitate to contact us. Making money with cryptocurrencies on Cointiply is possible! See you soon for the next article. If you liked this article and would like to contribute with a donation: Bitcoin: 1Ld9b165ZYHZcY9eUQmL9UjwzcphRE5S8Z Ethereum: 0x8D7E456A11f4D9bB9e6683A5ac52e7DB79DBbEE7 Litecoin: LamSRc1jmwgx5xwDgzZNoXYd6ENczUZViK Stellar: GBLDIRIQWRZCN5IXPIKYFQOE46OG2SI7AFVWFSLAHK52MVYDGVJ6IXGI Ripple: rUb8v4wbGWYrtXzUpj7TxCFfUWgfvym9xf By: cryptoall.it Telegram Channel: t.me/giulo75 Netbox Browser: https://netbox.global/PZn5A
Bitcoinsxchanger is the most popular platform and its currency converter provides a fast-confirmed currency from Exchange Dogecoin to the US dollar. We're here to make sure you can make Dogecoin conversions at the latest exchange rate. We have an amazing currency calculator that offers a perfect method for investors to international in the stock market for various currencies. The method of converting from Dogecoin to the dollar can be performed at both present and historical levels – to do so, pick the appropriate exchange rate date. For a fact, the currency converter displays the closing rate of the previous day as well as the maximum and lowest exchange rate for any cryptocurrency, like Bitcoin and Dogecoin. Bitcoinsxchanger currency calculator also provides offers other exchange rates for about 160 international currencies. How to convert Dogecoin This might seem very easy to pick up any Dogecoin, but until now it has been difficult to convert Dogecoin into cash. It was considered to be a difficult task for anyone interested in turning their Dogecoins into government-backed currency with larger acceptance to make an individual deal with anyone willing to exchange for Bitcoin, which could then quickly be exchanged for dollars, Euros, and the like. However, this intermediate step not only made the entire method considerable more costly but also added a risk factor. The new and modern technology to convert Dogecoin into dollars easily and comfortably will alter the nature of how the currency is used. DOGE VALUE CALCULATOR Dogecoin Value Calculator is a popular device found on nearly any crypto exchange platform. This device is commonly available, and developers, dealers, and miners are constantly utilizing various cryptocurrency calculators. This is used to measure the expense of digital money and to determine the productivity of the company. You will find a number of calculators that would be helpful to leaders in the digital currency community. Bitcoinsxchanger is a crypto exchange service that uses a cryptocurrencies value calculation tool. You can convert bitcoins to fiat currencies, so you should learn the prices. Dogecoin To Perfect Money The Perfect Money account allows e-payment transactions really simple. Users are enabled to make online payments to other digital currency platforms and vice versa. This system may be made to enable automatic exchanges to all of the Internet companies concerned. Cryptocurrency offers you a simple method to convert Dogecoins to Perfect Money. The limit or the minimum amount allowed in an account is $1000 and the interest rate is up to 4 percent a month. Transferring money to and from an account is also achieved by currency conversion, bank transfers, other payment systems, and e-Vouchers. The one feature that helps Perfect Money stand out from the others is the opportunity of users to buy gold, dollars, and dollars in real-time. Buy and sell dogecoin with PayPal There may be a number of ways to buy and sell Dogecoin with Paypal. Paypal deals for huge bitcoin, Ripple, and other cryptocurrency platforms. However, there are some of the internet markets that have accrued invisible payments where you have to pay after doing the transaction, which in short is a trap. Here on our platform, you wouldn't get the sort of patronized investing because we believe in accountability for our customers. It will be very easy for you to use our platform. You just need to take a few steps. Next, you need to exchange money to dogecoin and hold it in the e-wallet that has a special code after you get it you can sell dogecoin with PayPal and pass it to USD dollars. Once again, don't go to the person who has secret costs and who has the best rates for our services. https://preview.redd.it/xqcihljtk3j51.jpg?width=604&format=pjpg&auto=webp&s=d17e4c4260d9e46516e659c70ce68eaf86ea3542
One of the best Bitcoin faucets. Earning Crypto has never been easier. In this article we will talk more about a direct faucet that will make you earn crypto easily thanks to a proven structure, very similar to that of the faucet described in a previous article. BitsFree is shown with a main screen also composed of 2 menus, one at the top and one on the side, all always well organized. To register, enter a personal Bitcoin address registered also on FaucetPay. Earn Crypto Let's now proceed with the list of components of the central menu. EARN BITS, many ways to earn: - Faucet, which takes you back to the dashboard, is the classic claim that can be made every 60 minutes. The cryptocurrencies earned are called Bits and the award released will depend on the Lucky Number obtained. Occasionally some pop-up pages may open. - Shortlinks, divided in turn into 2 submenus. Visit Shortlinks, whose links lead to advertising pages in which one or more Captchas must be resolved, which is why they notoriously pay more than the classic Claim. Pop-up pages may open. Shortlinks Contest instead shows the weekly ranking of users who have solved the highest number of Shortlinks. - PTC Ads, also this section by now inevitable in faucet sites allows you to earn crypto by viewing advertising pages. It is not mandatory to keep the mouse on the page as it will be sufficient to let the required time pass. - Jobs, an interesting section where you are rewarded very well by performing "social" tasks. Definitely recommended for its originality. - Achievements displays the list of rewards that are received after reaching a certain number of Claims and Shortlinks, dedicated to large users of faucets. - CPU Mining, where you will be paid 1 Bit every 60000 Hash. Recommended only for those with powerful enough PCs. - Investment Game, practically a bet on the Bitcoin trend in the next 5 minutes after your bet. You will be free to invest the desired amount. - Redeem coupon, if you have a code to use as a coupon. You will be given a small amount of crypto as a gift. Not only REFERRALS: REFERRALS, where you will be shown your referrer URL. With the basic subscription, you will get 10% on all claims, 5% on Offerwalls and 3% on Shortlinks from your subscribers. The percentages will increase by subscribing to a higher Membership subscription. It is possible to purchase referrals at the price of 10,000 Satoshi. LOTTERY, the BitsFree lottery. The cost of the ticket is 100 Bits / Satoshi. CONTESTS, which each month will reward users with the highest number of subscribers and the highest amount of Shortlinks and Offers completed. OFFERS, which includes surveys, bonuses for viewing videos and the most varied tasks. Several Dogecoins will be obtained but not always proportionate to the time spent given that the surveys have a very low percentage of reliability. BLOG, the section with the latest news on BitsFree. MORE, in turn divided into several parts: - Membership, by signing up for a paid subscription you can level up within the site (Silver, Gold and Diamond), obtaining more rewards and services in exchange. - Account settings, in which to enter the Bitcoin or FaucetPay address to which to transfer the balance and change the registration email and password. - Withdrawals History and Deposits History, shows the last 25 transfers to your external wallets and all the deposits made on the site. The side menu The menu on the left contains many links to the sections previously described. From top to bottom you can change your account details, exit the site (Logout) or make the transfer (Withdraw). Just below the Bitcoin countervalue of the Bits you have available on the site is shown. Following is the Advertise section which offers the possibility of earning crypto through links and banners directly on your site. This is a paid service and using the Deposit button you can send the funds you want to dedicate to it. Even further below, your referral URL. In the lower part of the dashboard, the left part is dedicated to all the information on crypto (Bits) earned while the right part allows, thanks to the Share button, to share your referral URL on major social networks. We remind you that the transfer of earned Bits (Withdraw) can be converted into Bitcoin on your personal wallet or on FaucetPay. The minimum threshold in the first case is 50,000 Satoshi while for FaucetPay it is 4000 Satoshi. See you soon for a new article on how to earn free crytpo! If you liked this article and would like to contribute with a donation: Bitcoin: 1Ld9b165ZYHZcY9eUQmL9UjwzcphRE5S8Z Ethereum: 0x8D7E456A11f4D9bB9e6683A5ac52e7DB79DBbEE7 Litecoin: LamSRc1jmwgx5xwDgzZNoXYd6ENczUZViK Stellar: GBLDIRIQWRZCN5IXPIKYFQOE46OG2SI7AFVWFSLAHK52MVYDGVJ6IXGI Ripple: rUb8v4wbGWYrtXzUpj7TxCFfUWgfvym9xf By: cryptoall.it Telegram Channel: t.me/giulo75 Netbox Browser: https://netbox.global/PZn5A
We’re giving away an Apple Watch 5 as a thank you to the cryptocurrency community for supporting Crypto Pro.
The winner has been chosen: https://www.reddit.com/Bitcoin/comments/e465tg/and_the_winner_of_the_apple_watch_5_is/ EDIT: When the timer is done, we will run the linked script to select the winner. The script takes the Reddit IDs of all comments in this thread and sha256 hashes each one. It then finds the closest comment hash to the hash of latest Bitcoin block at the time (4PM PDT 30/11/2019). We will pick the first eligible comment from the list of results. (Our comments are ineligible) This way the results are completely random and yet still verifiable by everyone. You can run the script yourself and reproduce the results. (we will paste in the script output) https://gist.github.com/CryptoProApp/d2fa04fab93bbdc8602693f488ece354 In the holiday spirit, and as a thank you to the cryptocurrency community, we, at Crypto Pro are giving away brand new Apple Watch 5 to one lucky bag holders. Crypto Pro launched back in 2015 when Bitcoin was priced at $200 a pop, and Dogecoin ranked 7th. We wanted to create a small Apple Watch widget so that everyone can see Bitcoin’s price at the flick of a wrist. The app has gone a long way since then, and we have the reddit and cryptocurrency community to thank, for giving us both encouragements and constructive feedback to shape what the app is today. So thank you:)
Enter by simply commenting on this post. 1 comment = 1 entry
Only accounts created before the post is published (to avoid new account spamming).
Submissions will last for 24 hours, then the winner will be picked via a random comment selector. The Winner will have 48 hours to respond before picking another winner.
We will airdrop/ship the Apple Watch to any country, so long as it is possible to do so. Winner can select the size & color of band (standard).
What is Crypto Pro?
Crypto price / news / portfolio app designed for iOS. Users can see stats like portfolio gains, losses, and other cool analytics. As well as set price alerts, read news, connect to your exchanges and wallets. Here's a link to check us out!
How are we different?
We are the only major cryptocurrency app that keeps all the user data on device and doesn't track or analyze it in any way. We believe that privacy is important, and that no one should have access to your portfolio size, market viewing habits, or API keys. Everything is encrypted and stored locally on your phone. When you delete the app, all your data is deleted… the way it should be. (but we have an option to backup to your own iCloud or Dropbox account if you want to). We also think the design is pretty cool tbh. We got some nice sparklines going, cool charts, real-time pricing, and a bunch of other cool features. Here’s a few pictures I put together with a sample portfolio > https://imgur.com/a/acj0l67
What should I comment?
Feedback on the app is always appreciated :) or comment the year you first learnt about Bitcoin, or your price prediction for December 2020, or some just some random gibberish ಠᴗಠ. Happy [belated] Turkey Day! - Crypto Pro Team P.S. Buy the fucking dip. P.P.S. ^ not financial advice. P.P.S. Upvote if you'd like us to throw more giveaways in the future! The winner has been chosen: https://www.reddit.com/Bitcoin/comments/e465tg/and_the_winner_of_the_apple_watch_5_is/
Mining is one of the key concepts in the crypto world. Everyone who comes into contact with this sphere somehow wonders about the mining of coins. How profitable is mining in 2020, and what are the current trends? by StealthEX Crypto mining is a process during which a computer solves mathematical problems, resulting in the release of new blocks of information. This gives its owners a certain amount of coins, which is deposited in the total pot and registered in the public “ledger”, so-called blockchain. Machines in the network are also checking transactions with existing coins, adding this information to the blockchain as well. As for the issue itself, the most well-known algorithm of mining is Proof-of-Work (PoW), used in the networks of Bitcoin, Litecoin, Ethereum and many others. During the mining process, the latest transactions are verified and compiled into blocks. It is usually a series of calculations with an iteration of parameters to find a hash with the specified properties. The node which first solves this problem receives a reward. This approach was specifically designed to encourage those who provide the computing power of their mining machines to maintain the network and mine new coins. It is usually no need for a newcomer to know and understand all the complicated details of the mining process, just how much they can earn with certain equipment and electricity costs. Everything is designed in such a way that the complexity of calculations is steadily increasing, which then requires a constant increase in the computing power of the network. In 2009-2010, for mining bitcoin, miners only had to download and run the software on their personal computers, but very soon the network became so complicated that even with best PCs with a powerful processor, mining became unprofitable. That’s why miners started to use more effective video cards (graphics processing units or GPUs) and join them in so-called “farms”. In most systems, the number of coins is determined in advance. Also, many networks are gradually reducing rewards for miners. Such emission restrictions were built into the algorithm to prevent inflation. Thus, the cost of mining for smaller participants no longer pays off, which makes them turn off their hardware or switch to another coin where they can still make their profit. In particular, on the evening of May 11, 2020, a halving took place in the bitcoin network, the reward for mining was halved, from 12.5 to 6.25 BTC. In June, the revenue of bitcoin miners decreased by 23%, to the lowest since March 2019. However, in mid-June, the difficulty of bitcoin mining showed a record growth over the past 2.5 years. Mining the first cryptocurrency has become 15% more difficult. Although, by the beginning of July, the complexity had stabilized. The growing difficulty of mining the first cryptocurrency indicates that new miners have joined its network. Previously, some of them turned off the equipment, as it became less profitable to mine the coin due to a decrease in its cost and halving. Now the absolute majority of new coins are generated by industrial mining. This is done by large data centers equipped with specialized computers based on the ASIC architecture. ASICs are integrated circuits that were initially optimized for a specific task, namely the mining of cryptocurrencies. They are much more productive than CPUs and video cards, and at the same time consume much less electricity. ASIC computers are the main type of equipment for the industrial production of crypto. So now, after the halving, BTC coin mining has become even less profitable. For beginners, mining the first cryptocurrency is unlikely to be suitable. It is more often earned by large companies that have all the necessary equipment, access to cheap rental conditions, electricity and maintenance. Hence newbies are better off starting with mining altcoins. It is even more profitable to work in a pool, that is, together with other miners. This can help to place farms in one place and negotiate a favourable price for electricity, so you can get a small but stable income dux to the total capacity of the pool. Therefore, it has become much more difficult for regular users who have only non-specialized equipment at their disposal to generate virtual money. However, GPU developers have significantly increased the performance of their devices in recent years, so mining on a video card is still common. Another important event that changes the situation in the mining sphere will be the hardfork of the Ethereum network with the turn to the Proof-of-Stake algorithm. For now, Ethereum is the most popular altcoin for GPU mining, but Ethereum 2.0 will not require using such powerful equipment, so then it switches to PoS, GPU owners will have to look for alternative coins to mine. At the moment the most popular altcoins for mining on GPUs are Ethereum (ETH), Ethereum Classic (ETC), Grin (GRIN), Zcoin (XZC), Dogecoin and Ravencoin (RVN). There are actually a lot of mining programs that automatically determine which coin is more profitable to mine at the moment. In the coming years, the market is waiting for a race of technologies. Manufacturers are investing in finding ways to increase hashing speed and reduce power consumption. Mining pools will play an increasing role. The market will also be affected by applications for mining cryptocurrencies on smartphones that require low computing power, such as Dash or Litecoin. And remember StealthEX supports more than 250 coins and constantly updating the list, so you can easily swap your crypto haul to more popular altcoins. Our service does not require registration and allows you to remain anonymous. Why don’t you check it out? Just go to StealthEX and follow these easy steps: ✔ Choose the pair and the amount for your exchange. For example ETH to BTC. ✔ Press the “Start exchange” button. ✔ Provide the recipient address to which the coins will be transferred. ✔ Move your cryptocurrency for the exchange. ✔ Receive your coins. Follow us on Medium, Twitter, and Reddit to get StealthEX.io updates and the latest news about the crypto world. For all requests message us via [email protected]. The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision. Original article was posted onhttps://stealthex.io/blog/2020/07/28/mining-today/
NeuronEx Exchange is your quick and easy start to the world of digital and fiat currency. Our P2P exchange was created to give access to cheap, instant transfers from anywhere in the world. And we are already doing this successfully: -) The advantages of the NeuronEx Exchange are: 🔹- the first month with 0% fees; 🔹- 50% commission decrease when paying with NRON forever; 🔹- escrow guarantees safe transactions with NeuronEx; 🔹- direct transfer between the buyer and the seller; 🔹- the best exchange rate from thousands of sellers; 🔹- OTC market opening soon :) The following cryptocurrencies will be available on NeuronEx starting from July 15th: 🔹- Neuron;🔹- Bitcoin;🔹- Ethereum;🔹- Litecoin;🔹- Ripple;🔹- Emercoin;🔹- Dash;🔹- Dogecoin. Coming soon: EOS, Bitcoin cash, Bitcoin SV, Tether (EURT, USD, CNHT, XAUT). How to start? 🔹- Register by entering your e-mail; 🔹- Activate two-factor identification; 🔹- Fill in the data in the corresponding lines; 🔹- Create your first deal. Yes, absolutely nothing complicated — just a few clicks and you are a member of the Exchange! You can buy, sell and exchange currency, invite referral friends and earn money! Join NeuronChain on the 15th of July! Just in 2 days! 🎉 And don’t forget about the Neuron Wallet launch at the middle of August 2020! The Neuron Wallet is a multi-currency system with which customers can make deposits, exchange and complete transactions with cryptocurrencies and fiat funds. Choose a crypto. Close a deal. Get fiat! https://preview.redd.it/9p2y4jqd1pa51.jpg?width=1200&format=pjpg&auto=webp&s=6fa302320ab451ebb80b3a5f05fae832d48adf5f #Finance #cryptocurrency #blockchain #bitcoin #CryptoNeuroNews #NeuronInteresting #crypto #NeuronChain
Exchange Dogecoin (DOGE) to Bitcoin (BTC) The list below shows exchangers where you can exchange Dogecoin (DOGE) to Bitcoin (BTC). The exchangers are sorted by the rate, with the best rates on the top. To select an exchanger, you may want to check its reserves and reviews. To exchange money, click on the exchanger you choose and go to its website. Exchange Bitcoin (BTC) to Dogecoin (DOGE) Changelly is a platform that provides you with a possibility to convert BTC to DOGE in a few clicks. We act as an intermediary between crypto exchanges and users, offering easy and fast swaps of 140+ cryptocurrencies online. And BTC/DOGE crypto trade pair is not an exception! Choose these crypto assets at the best rates for a seamless and fastest ... 1 Dogecoin is 0.000000215 Bitcoin. So, you've converted 1 Dogecoin to 0.000000215 Bitcoin . We used 4641415 International Currency Exchange Rate. Places to buy bitcoin in exchange for other currencies. Note: Exchanges provide highly varying degrees of safety, security, privacy, and control over your funds and information. Perform your own due diligence and choose a wallet where you will keep your bitcoin before selecting an exchange. How selected exchange Dogecoin DOGE to Bitcoin BTC. To change the exchange direction, use the left sidebar and do not forget to select currency type in the drop-down list. Specify an amount of exchange at the top of the table to see a calculated data for exchangers. Place the cursor at the numbers highlighted in red to see a reason for their highlighting. You can mark your favorite or ...
How To Exchange Lite,Doge,Dash,Ethe TO Bitcoin [Instantly Exchange ]
Exchange dogecoin to bitcoin - Duration: 4:06. Everest Escort 139 views. 4:06 . Pomp Podcast #285: Dan Held on Bitcoin and The Halving - Duration: 1:09:23. Anthony Pompliano 54,174 views. 1:09:23 ... This video is unavailable. Watch Queue Queue. Watch Queue Queue Hello, Guys welcome to Crypto Guruji ; In this video I will show you how exchange any Crypto currency like Bitcoin, Dogecoin, Litecoin, Ethereum and more to other crypto currency, This is 100% ... How To Exchange Dogecoin to Payeer and bitcoin,et link---http://www.changer.com/?refid=185435 Bitcoin to dogecoin Bitcoin to litecoin exchange Coin exchange Best change exchange Bitcoin to ripple exchange Crypto coin Bangla Bangla tutorial. Category People & Blogs; Show more Show less ...