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Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Cryptocurrency Platform

A decentralized crypto platform where users automatically receive airdrops from our partners simply for holding our coins // $CSTL // [email protected]
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Mixing, Tumbling & Anonymizing Crytopcoin transactions

anonymization and privatization of cryptotokens
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Stabledex is a decentralised digital assets exchange for master and new traders in the crypto space. #StableDex #Blockchain #Ethereum #Bitcoin #IEO #Tokensale #cryptocurrency Official Website: https://stabledex.io

Stabledex is a decentralised digital assets exchange for master and new traders in the crypto space. #StableDex #Blockchain #Ethereum #Bitcoin #IEO #Tokensale #cryptocurrency Official Website: https://stabledex.io submitted by Freeboz to ico [link] [comments]

“Grin is intended to be medium-of-exchange, and Beam is intended to be for store-of-value”, says Mastering Bitcoin author

“Grin is intended to be medium-of-exchange, and Beam is intended to be for store-of-value”, says Mastering Bitcoin author submitted by ThrillerPodcast to thrillerpodcast [link] [comments]

last 24h majority signaling for BCHN! stats from cash.coin.dance/blocks

last 24h majority signaling for BCHN! stats from cash.coin.dance/blocks submitted by Mr-Zwets to btc [link] [comments]

My university masters project is analysing Bitcoin exchange (more details in short survey). Money reward for answering.

My university masters project is analysing Bitcoin exchange (more details in short survey). Money reward for answering. submitted by SimilarAdvantage to BitcoinAll [link] [comments]

My university masters project is analysing Bitcoin exchange (more details in short survey). Win 750$ USD in BTC for participating.

My university masters project is analysing Bitcoin exchange (more details in short survey). Win 750$ USD in BTC for participating. submitted by SimilarAdvantage to BitcoinAll [link] [comments]

Exchanges • Help: Bitcoin survey for master's thesis

submitted by btcforumbot to BtcForum [link] [comments]

Master Protocol Developer Update #3: Getting Ready for Bitcoin - Mastercoin Exchange Testing!

Master Protocol Developer Update #3: Getting Ready for Bitcoin - Mastercoin Exchange Testing! submitted by prophetx10 to BitcoinStocks [link] [comments]

Master Protocol Developer Update #3 - Getting Ready for Bitcoin - Mastercoin Exchange Testing!

Master Protocol Developer Update #3 - Getting Ready for Bitcoin - Mastercoin Exchange Testing! submitted by prophetx10 to mastercoin [link] [comments]

Master Protocol Developer Update #3: Getting Ready for Bitcoin - Mastercoin Exchange Testing!

Master Protocol Developer Update #3: Getting Ready for Bitcoin - Mastercoin Exchange Testing! submitted by prophetx10 to CryptoMarkets [link] [comments]

Why To Believe in Bitcoin

Because you become one who understands that the entire core of the power structure of our society today is rotten through and through. You understand this corruption stems from the fact that since the 70s it's been based on a debt based fiat currency which gives the hands of a few absolute power to create infinite supply of this currency that we sell our time, labor and goods for every second of every day. You also realize that if we can change that core to one where it's based on a non governmental /non corporate controlled hard asset that is the world's first truly finite asset that the people of the world get to decide on the value (supply) that we can take the next step in human evolution and create a world that rather than the current fiat masters, that we all collectively decide what our time is worth and not the other way around.
You realize that it is truly possible to achieve this but that the only way to do so is to take physical possession of your private keys away from any custodial solution as you understand that possession is 10/ 10ths of the law with bitcoin and every Satoshi counts. You then become one of us. One who regardless of what the current fiat currency value stamped on these banker backed exchanges is that you dollar cost average every time you get any extra money. You do it because you want a better future not only for yourself, but also your family and friends. You see it can happen as more and more people do just what you've done and you have your faith in humanity restored even in the darkest days.
Welcome to the people's peaceful revolution that is Bitcoin!
submitted by BitcoinCanSaveUsAll to Bitcoin [link] [comments]

Everyday info sec, hardcore info sec, and DNMs

Edit: Currently writing a new version of this, dont know when it will be done.
Edit: Since first post I have updated a few sections with additional information.
I recommend reading it all even if it is very long, I might have placed some relevant info in different sections while thinking about what else needed to be added, plenty of steps remains mostly the same except when I comment directly on it. It is not necessary to do 100% security all the time, unless you absolutely need it, combining some high and some lower security ideas for a balance of security and convenience is useful.
I will base this mostly on Windows, Linux users probably know this, and I have no idea how apple machines work (tho many things in here are still relevant for other operating systems, as they are just general tips)
Disclaimer: There are certainly other steps that can make you more anonymous or safer, however I think for most people this will surfice. Any software I recommend should be independently verified for security, and examples of software are not to be taken as endorsements. I simply use examples and give recommendations when I believe it necessary, or helpful.
I will not really differentiate between anonymity and security, they are often the same thing. As such the word security can mean either more anonymous, less vulnerable, or both.
--------
Everyday Simple Info Sec:
-There could be a hidden administrator user on your PC, make sure to change its password
(Snapchat msgs, reddit dms, discord msgs, are just a few examples of msgs that are never encrypted)
-Any info even send in encrypted msgs (and obviously non encrypted) should still be kept with possible deniability, don't say "I'm gonna do MDMA", say "I'm going out with molly."
-DO NOT STORE ANY PASSWORDS ON GOOGLE, IF GOOGLE LOGIN IS AUTHENTICATED IT WILL AUTFILL ALL PASSWORDS IT HAS SAVED (same with other similar services) (This means if you are logged in to chrome and someone has access to your machine, they can auto fill passwords without entering a single password)
-use a rememberable passphrase, especially for your master key ring aka password manager A long sentence that is memorable makes an okay password (decent example,: "I met my wife at Little Ceasers for the first time on 07/09/20" better even if it's just something you know, if its impersonal, and if you can add special characters or numbers that you won't forget) (A better example for a passphrase is: "There is 0nly 0ne letter that d0esn’t appear in any U.S. state nameQ")
-Purge your internet activity frequently, there's a reason why I only have one post, and a few comments appearing in my account, but thousands of kama. Exposing information needlessly is not good.
-Never post private information publicly, and if you do, do it vaguely as possible. (Example: Not "I'm 15", say "I'm a teenager") Do not post any vital information ever, no birthdays, mother's maiden name, age, or anything you have ever seen in a security question. Never post your current activities while they are ongoing. You going on a vacation? Don't announce it to the world, taking picture there? Post them when you are home.
-Rethink how you do security questions. Many answers to security questions can be found in your internet history. One could use the first word of the security question as an answer, or a different sceme that will mean you always remember it. (Security question need to go, the amount of personal info an average person puts on the internet makes it easy to attack anything using security question)
-------_
High level crimimal information security:
The motto here is, "All the Security, All the Time" As one fuck up can end with you leaving a lick of traceability, and you could be fucked.
Pre Note: All of your software should always be up to date. Also even perfect info sec does not guarantee you are completely safe, a new zero day (exploit) can still fuck you, but good info security makes you significantly safer, by eliminating as many attacks as possible.
-Get a new device (or make a already owned device seem like you never owned it, do this only if you know how to, there's a lot of stuff that goes into that, like changing your mac adress etc) buy with cash, and your face covered, preferably far away from where you live. (Do I need to specify to not bring your phone or anything else that tracks your location to anywhere you want to go anonymously?) (Be aware that even hardware can have vulnerabilities, many cpus have known vulnerabilities, I can't list them all, do some research before buying)
-If you know how to use Tails (A linux distro designed for Info sec) use that, preferably on a USB. (Or learn how to use tails, its better, but complicated) Otherwise a clean copy of windows (make sure its not in any way associated with you) can do the job too, tho not as well. (Using a VM might give extra security, since VMs usually erase all data and RAM they were using on shutdown)
-Get a non tracking VPN, Enable the kill switch (a setting that disables all traffic that doesn't go through the VPN) (change your firewall settings to only allow the traffic from the VPN, windows guide (Change settings so only traffic from the tor application is send) Edit: (Due to complaints: do not use vpn over tor, use tor over vpn. tor over vpn has no notable downside, if the VPN logs it makes no difference, your ISP will always log anyways, and vpns remove other attack vectors and also provide backup security should tor fail. Again even if the VPN tracks you only change the people doing the tracking, but now you are further removed making it more anonymous and also with less vulnerabilities)
-rember privacy settings, cookie cleaner, and antivirus, password (There could be a hidden administrator user on your PC, make sure to change its password)
-Always use the device on a non admin account
-Ideally use this device only on networks that are not connected with you. Such as public networks (try to never use the same public networks twice, move around) (a home network should be fine now, as it should never be exposed, but more security is always better) (Its just a conveniences vs security trade)
-Never use accounts that have been exposed to lower security on higher security machines
-your browser is now TOR (or your preferred security focused browser, if you dont plan on using onion ) Make sure you get the standalone version of tor not the addon build (the standalone is safer, because there are less settings and options to tweak)
-Change your tor settings, to safest mode, enable a bridge (to my knowledge there's no difference in security between the build in bridges in tor), enable automatic updates, set duckduckgo onion as your primary browser. Set dark.fail onion page as your home page. (Or your preferred privacy search engine and onion directory)
-------_
How to use dark net markets (DNMs)
If you finished your High Security setup, we can dive right in. Otherwise go do that. This is where all that is essential.
Quick info on Tor, and onion sites. There is no search engine. It's all based of directories and addresses you are given by others. Tor will likely not be very quick, it has to pass through multiple networks to get to the destination. DNMs sometimes exit scam, an exit scam is when a market shuts down completely and takes all the money, this is a risk when using DNMs, it's not too common but happens maybe 0-4 times a year. The admins of thoese servers need to get out at some point, before they get jailed, so they exit the game, and scam everyone out of their money.
-A very useful onion directory is dark.fail it has a lot of links, for all kinds of stuff. News, email, DNMs, Psychonautwiki (harm reduction website), forums etc. (Other directories also exist)
-Pick a market, preferably one that handles secure connection server side instead of requiring you to establish the secure connection. Then create an account. Your account once created should include an entry box in your profile for a pgp key, post your PUBLIC key in there. (Verify the link is not a scam, most markets should provide a pgp signature)
-Next is currency setup. All major cryptocurrency exchangers can be used, I can recommend coin base but there could be better ones out there. Unless you find a small non U.S., exchange, they will always ask for your identity. So unless you can find a trustworthy exchange that doesn't ID, you will need to give it to them. (Side note, all major crypto exchangers report to the IRS, if the IRS asks you if you bought cryptocurrency and you bought while having IDed yourself SAY YES, DO NOT COMMIT TAX FRAUD WHEN THEY KNOW YOU DID)
-Transfer (monero you can send directly, btc you should scramble) to your wallet. There are two options a cold wallet (physical) or a software wallet. Software wallets usually dont cost anything so I recommend them, even if often less safe. Electrum is easy to use, and pretty safe. You can also do your own research and find a wallet that fits your needs.
-now you are ready to buy, only buy using escrow (it means the money is held by the market as a middle man until the product is delivered, they will also handle any issues like wrong quantity, cuts, etc), judge the reviews for a product, and if available look at the history of the vendor, until you find a product from a vendor you trust. (I recommend to buy within your country as much as possible, so it doesn't go through customs, it's very rare that something is found, but it can happen)
-now you get to buy, depending on market, you either have cryptocurrency stored in their wallets (not recommend, you will lose it in an exit scam) or you can send it every order. When you send your delivery adress (or the one you want it to go to) encrypt the adress using the sellers public key. Make sure the adress is correct.
-wait for the product, make sure to extend the escrow until the product arrives, if you can't extend it anymore dispute the order, and a moderator will step in
-test the product, use it, and leave a review. PLEASE LEAVE A REVIEW, DNMs only work because of reviews.
Edit: Didn't imagine I would write over 15000 words. Oh well, it was fun. Hope it helps, if you have any questions feel free to ask.
No idea how long this will stay up, I might purge it in 7 days, or never.
submitted by seven_N_A7 to u/seven_N_A7 [link] [comments]

Master Protocol Developer Update #3: Getting Ready for Bitcoin - Mastercoin Exchange Testing!

Master Protocol Developer Update #3: Getting Ready for Bitcoin - Mastercoin Exchange Testing! submitted by prophetx10 to Bitcoin [link] [comments]

[WTS] World gold and silver - located in Hong Kong - Japanese Edo and modern money/Chinese dollars and ingots/Asian oddities/Hong Kong banknotes/Greece/UK/Cambodia/Indonesia/Straits/Laos/Maldives

All kinds of new stuff and some older stuff with lower prices for some!
Japan
Greece
Cambodia
Hong Kong
Indonesia
Laos
Vietnam
Straits Settlements
Maldives
China
British Isles
Shipping
Starting at $5.5 with tracking but free if you buy enough. Should take 7-14 working days if it takes longer contact me and I will initiate an investigation. If they conclude the package is lost I will do a full refund but it will take up to a month so you'll need patience. Faster courier services are available with starting ranges of $40-85 increasing by weight, and DHL can access some areas my local post administration cannot.
SEE HERE for where I am allowed to ship to by airmail. For instance, I can ship to all of the US now but I still can't ship to Russia, South Africa or South America. Please check first before purchasing to avoid disappointment.
Payment
Thanks for looking!
submitted by FeroxDraken to Coins4Sale [link] [comments]

Instacoin UK - Last Chance (up to end of Oct) to get a free £10 worth of Bitcoin (same day) for £100 Bitcoin purchase

Instacoin UK , a popular cryptocurrency exchange, are updating their referral scheme from 1st November 2020. The referral amount will be adjusted to a £5 bonus for any purchase over £50. Currently it is a £10 bonus for any purchase of £100 or over.
Instacoin UK is a website which allows you to purchase Bitcoin with your Visa / MasterCard or via a bank transfer. They have been around a while used by lots of beermoneyuk users already.
Instacoin UK are going to honor the £10 bonus scheme for any new customer signing that sign up and purchase £100 of Bitcoin or over until the end of the month. You get the free £10 worth of Bitcoin immediately after purchase! The whole process (including receiving your £100 back in your bank account) should take less than an hour.
The Process
Sign up via my referral link.
Referral link: https://instacoin.uk/ref?code=54C9787
£10 bonus
Non-refferal link: https://instacoin.uk/
No bonus

Steps:

  1. Sign up with the referral link above
  2. Verify your account (driver's licence, passport or gov issued I.D)
  3. Click buy at the top of the dashboard and select BTC, with a purchase amount of £100
  4. Enter the Bitcoin wallet address you want the money paying to.
  5. Pay using by Visa / MasterCard or bank transfer.
  6. You're done! The £100 of BTC will reach your bitcoin wallet usually within 15 minutes or so.
  7. The £10 bonus you receive in the form of a code in your email after the £100 of BTC is sent. Click the email link, enter the code, provide your wallet address again and you'll receive your £10 of BTC for free :)

Once the £110 worth of Bitcoin is in your wallet you are free to do whatever you want with it. I sent mine to my BlockFi account for savings.
You can also get an additional £10 reward for every person you refer up to the end of the month, after this it is £5! Any referral bonuses are given to you at the end of the month).
Let me know if you have any questions.

UPDATE 24.10.20: There is some confusion about the referral amount as being £5 or £10. InstaCoin UK have confirmed That is you sign up with an exsisting customers link (like mine), and complete a £100 purchase before the end of October, you will receive £10 in free Bitcoin credited to your account.
My Referral link for the free £10: https://instacoin.uk/ref?code=54C9787
UPDATE 28.10.20:
Here is a copy of the email I have just received from InstaCoin. I can verify that the mempool is super busy at the moment:

We have received a number of support tickets regarding the delay in BTC confirmations. Rather than reply to everyone individually we would like to address this issue as a whole and give a quick explanation to all our users about why this is occuring:
Sometimes, for a variety of reasons, there will be a spike in the number of BTC transactions that are waiting to be confirmed. That will cause a delay in confirmation times, and increases the price of fees required for a transaction to be included in a block. You can see the current number of unconfirmed transactions here: https://www.blockchain.com/charts/mempool-count?timespan=1week.
Transaction fees directly influence how long you will have to wait for transactions to confirm. At InstaCoin, we broadcast all our transactions with a Regular fee. This fee is covered on our side. It is usually around 0.0001 BTC or £1. Up until the last few days, there has never been an issue with confirmation times.
With a high priority fee, it is likely that transactions will get confirmed quicker by miners. Currently, we are looking at a 0.001BTC/£10 fee to push through transactions at a normal rate. As you can imagine, this is not an expense InstaCoin can cover and we also believe our users would not want to pay this fee either.
We believe the best solution is the one we are currently employing. The delays are frustrating and we feel that frustration too but the current mempool (waiting room) is unprecedented and we will return back to normal ways soon.
The important takeaway we want our users to have from this is that, from our side, the BTC is sent out instantly to your wallet and usually this would get confirmed in a short space of time. At this moment things are taking a bit longer, but the end-point is that you will 100% receive this BTC eventually.

Also remember to complete your sign up and deposist before the end of the month to be certain of getting the free £10 in Bitcoin.
My sign up link again is: https://instacoin.uk/ref?code=54C9787
Sign up code: 54C9787
If you have any questions just let me know.
submitted by TidyCompetition to beermoneyuk [link] [comments]

Quest for deeper bitcoin understanding

I've been interested in bitcoin for sometime now and have invested over the past two years.. I'm now doing my part to support the network by setting up a full bitcoin node. However, I feel like I'm lacking on my understanding of bitcoin.
I need suggestions to get an depth understanding of bitcoin technologies like blockchain, nodes, and lightning network. I prefer books to pdf but anything will do. Thanks for any help guys and gals!
submitted by FishRelatedCrimes to Bitcoin [link] [comments]

Noob Question about Tax/Fee EU

so i want start with Bitcoin
lets say i have prepaid card Visa/Master card i i give on my card 100Euro
if i give 100Euro to Wallet app is Free Fee ?
if i give 100Euro Exchange app is alos Free Fee ?
only fee is for buying and selling bitcoin right ?
if i want give money from my wallet back to my Visa/Master card o i need pay fee ?
also di i need pay any extra Fee or Tax for doing this ?
submitted by Zubak121 to BitcoinBeginners [link] [comments]

Atomic swaps between Bitcoin and cryptocurrencies without scripts (e.g. Nano, Monero, & Meros)

Some of y'all might find this interesting. From PlasmaPower on Discord:
I've been collaborating with @Kayaba | MR, the developer of Meros, to make https://github.com/MerosCrypto/asmr which allows for atomic swaps between Bitcoin and cryptocurrencies without scripts, like Nano, Monero, and Meros. Right now it only supports Meros, but we've built it to be extensible, and I'll be making a PR to add Nano support soon
This is based off of h4sh3d's work https://raw.githubusercontent.com/h4sh3d/xmr-btc-atomic-swap/mastewhitepapexmr-btc.pdf which is in turn based off of Lloyd Fournier's work https://raw.githubusercontent.com/LLFourn/one-time-VES/mastemain.pdf . Thanks @sev for linking me this in nanotrade a while back! It's always fun to implement some new cryptography
This is still just a proof of concept for now though, I definitely wouldn't use it with any serious funds. In theory, it should be atomic (Kayaba has implemented the refund paths), but in practice we might've missed something, and it doesn't save the state to disk so if e.g. you lose power you'll lose funds.
Imagine being able to swap Nano directly for BTC or XMR without an exchange. That would be pretty awesome 😮
submitted by Qwahzi to nanocurrency [link] [comments]

MyChargeBack Says Fraudsters Are Moving To Bitcoin From Credit Cards

Micheal Cohen stands as the Vice President of Global Operations at MyChargeBack, a consumer protection company. Cohen had given comment in regard to how fraudsters are taking advantage of crypto transactions, particularly their irreversible nature.
At its first envisioning, one of the key selling points of Bitcoin was how it would protect retailers even more than credit cards could. Satoshi Nakamoto, the enigmatic founder of Bitcoin, gave a comeback to an early adopter’s complaint on an email on the 10th of October, 2008. The adopter, James A. Donald, complained that Bitcoin transactions weren’t instantaneously final.
Its Greatest Strength Being Turned To Weakness
In response, Satoshi highlighted the fact that paper checks can bounce following one or two weeks, with credit card transactions being capable of being contested for up to 60 to even 180 days after the fact. Bitcoin, Satoshi points out, is irreversible enough only after a few hours.
Cohen highlighted that, in some cases, a chargeback for credit cards are possible a full 18 months after the transaction was made. He further highlighted the two types of classification of credit card chargebacks: Unauthorized Use, and Authorized Use. Unauthorized, for example, is when a criminal illegally gains access to one’s credit card. Authorized, in turn, means when the cardholder themselves authorized the transaction, but they’re not satisfied with the outcome.
Cohen highlighted how, when it comes to crypto, consumers are only capable of recovering funds, should it be an unauthorized transaction. This is due to how credit companies, such as Visa or MasterCard, explicitly exclude certain industries from the authorized use category, such as gambling or crypto.
Crypto Scammers Are Like Grass In A Field
Much to Cohen’s dismay, he highlighted how crypto serves as such a convenient tool for scammers to collect funds, which are subsequently harming the mass adoption of cryptocurrencies. Cohen put it simply, highlighting that these people that got scammed through the use of crypto fraudsters, won’t be the ones that will promote the usage of cryptocurrency to others.
One of the most used tactics for these fraudsters, according to Cohen, is the offering of various services and products, typically related to forex trading. This is generally offered to an unsuspecting customer. At the last moment, the scammer eventually convinces the unsuspecting victim to pay for the service, or otherwise fund their new account by way of crypto.
Some Sliver Of Hope
Luckily for these victims, Cohen highlighted how not all hope should be lost. His company helps victims by identifying scammers, doing so by way of tracking the money movement in the blockchain. Typically, criminals opt to move to an exchange to cash out their crypto, and Cohen highlighted that many exchanges are quite eager to stamp these criminals out.
submitted by cryptoanalyticatech to Bitcoin [link] [comments]

Cashaa $Cas The first FCA approved crypto bank... Soon. A crypto revolution. 5m market cap.

10x within 6 weeks. Heres why...
https://www.cashaa.com/
https://coinmarketcap.com/currencies/cashaa/markets/
Ticker: $Cas
Circ Supply 586m Total Supply 1bn
Price $0.01
Market Cap $5.8m
Exchanges:
Binance Dex
Cashaa Coin (CAS) powers the Cashaa ecosystem. As the native coin of the Cashaa platform, CAS has multiple use cases: Staking done for personal banking services, paying for transaction fees on the Cashaa exchange, maintaining an average balance for complementary services, and much more.
Background
Cashaa initially set up a business doing free international transfers of Cash, using people buying and selling bitcoin as the providers. Obviously their is a war on Cash with Money laundering extra. Hence they spent the last two years, building the systems and collecting data no one else has for the FCA.
Key Points
-They are ahead of big banks as they can offer multiple currency accounts and already established with all payment gateways to make instant transfers. Bank of America for example can’t offer a GBP account and settle instantly in GBP due to gateway issues.
Relevant Media
https://www.forbes.com/sites/billybambrough/2020/04/10/bitcoins-next-boom-has-already-begun/#243e00c5c642
https://www.finextra.com/pressarticle/81183/cashaa-opens-broker-account-for-crypto-businesses-to-enforce-new-fca-rules/crypto
Final thoughts
Cashaa is already one of India’s biggest markets for buying and selling bitcoin. But that’s not it’s target. It wants to and will be known as a bank not a coin ask, not a binance, but Hsbc or a revolution of crypto
submitted by therealfacemelter to CryptoMoonShots [link] [comments]

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

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

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


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


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


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


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


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


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


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

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


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


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


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


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


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


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


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

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

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

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


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


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

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

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

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


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

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


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


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


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

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


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

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

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

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

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

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


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


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


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


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


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


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


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


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


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


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

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

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


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

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submitted by btlkhs to Iota [link] [comments]

What is your Bitcoin Maturity Score?

How many of the 25 steps in the bitcoin rabbit hole have you mastered? Be honest. Count how many and divide your score by 2.5.
Your Score: <5: learner / weak hands 5-7: hodler 8-9: mature 10: orange pilled
Post your result below.
The Bitcoin Journey: 1. That (log) price chart! 🧐 2. Digital scarce? 🤔 3. Satochi 4. Blockchain 5. Alts 6. Mining, halvings, diff adjustment 7. How do I get it? 8. Wallets, keys, seeds, exchanges 9. Crypto Twitter 10. Fees, hashrate, mempool, txs 11. Money, inflation, central banks 12. Stocks, S&P500, 13. Charts, TA, RSI, MA’s, triangles, patterns 🤓 14. Keynes, Austrian economics 15. Bull/bear market, trading, win/lose 16. Network effects & adoption 17. Gold, Silver, real estate 18. Full node, electrum pvt server 19. Evangelize / orange pilled 💊 20. All-in / auto-dca 21. Immaculate conception 22. NGU, game theory 23. Cosmic renaissance 24. Opsec, multisig 25. Maximalism
Let me know your score & what’s missing from your journey. Also accepting suggestions for better results categories/ descriptions.
submitted by mbrookson to Bitcoin [link] [comments]

Meet the YFDAI Team!

Meet the YFDAI Team!

https://preview.redd.it/yq470s2kmcu51.png?width=1280&format=png&auto=webp&s=4c04f1499dca093a4550beb19ae8c7626326959e
Over the course of mere months, the DeFi space has grown to the tune of billions in 2020. While DeFi has earned its title as the next hottest crypto trend, its popularity has shown to be a double-edged sword. Reports of scams and “rug pulls” have volleyed into crypto news outlets, social media, and discussion groups, damaging the reputation of the DeFi space.
DeFi is unique in that the tenets of trust and decentralization has normalized the practice of anonymity to the point where nearly every single DeFi team launches anonymously. While the freedom to create DeFi tools does support the notion that anyone should be able to create an honest financial protocol for the goodwill of the people, the opposite effect often occurs. If the past few months has proven anything, it’s that the normalization of anonymity has acted as both the greatest weapon and the greatest defence for fraudulent actors and dishonest entities. Because of this, DeFi is often seen as a free-for-all minefield as countless exit scams and “rugpulls” have become the norm. Having this as an accepted vice of DeFi shouldn’t mean investors should normalize risk of losses. It should inspire projects to set a higher standard in the DeFi space.
We are excited to announce that the YFDAI team has taken the tenets of decentralized finance and expanded on them. As a DeFi protocol, we champion decentralization and the collective action of the community to pave the road towards true transparency and security for all. After countless hours of legal counseling, we’re proud to announce that we will be among the very few DeFi projects to go public and among the first to set a new precedent for the DeFi space.
Say hello to the YFDAI team.
Meet Pritha Paul (Olivia) — Chief Strategic — Volunteer

https://preview.redd.it/jqqax671lcu51.jpg?width=357&format=pjpg&auto=webp&s=66703ab44c96cea71df47178627e586a8d70a1e5
Olivia is both a software engineer and a Businesswoman. Having been an avid fan of blockchain and trader of cryptocurrencies, Olivia felt the need to contribute her expertise to the cryptocurrency space. This desire prompted her to create YFDAI, one of DeFi’s most secure and trusted protocols. Seeing the cryptocurrency space as a professional programmer, Olivia knows the importance of making a clean and secure DeFi protocol.
With the rate of fraudulent projects ascending contemporaneously with the rise of DeFi, Olivia knew it was crucial to have a trusted and well-secured protocol that can guide as an example for other projects to follow. Along with this idea, Olivia felt that for DeFi to reach its highest potential, there needed to be an ecosystem that protects investors and supports DeFi projects looking to bring real value to the space. With this in mind, Olivia came up with YFDAI’s signature SafeSwap and LaunchPad platforms.
Olivia has a number of qualifications and holds a bachelor’s in Computer Applications. Some of her advanced programming languages include: C, C++, JAVA, Python, Oracle.
https://www.linkedin.com/in/pritha-paul-olivia-a576b71b9/
Meet Tapas Paul (Rocky) — Lead Dev — Volunteer

https://preview.redd.it/otog4vkclcu51.jpg?width=357&format=pjpg&auto=webp&s=c668d0b6ac5573757030a609ed563ee49d734ac7
Doubling as a software developer and website designer, Tapas carries ample experience in web development and design. Having been familiar with cryptocurrencies for years, his initial descent into the space came in the golden year of 2017. Since then, Tapas has been engaged in crypto and felt the need to create a truly honest and secure DeFi platform together with Pritha. Tapas’s vast expertise in web development and blockchain gives YFDAI an edge in becoming one of the top DeFi protocols in the space.
Tapas has a diverse range of tech experience that range from creating web applications and front-end designs for various startups to working as a senior blockchain developer for distributed solidity systems for complicated DAPPs. Since then, Tapas has provided Ethereum and TRON consulting to multiple blockchain startups entering the space.
Some of Tapas expertise and advanced programming languages include- Solidity, Web3 TronWeb, JavaScript, MongoDB, ExpressJS, ReactJS Node.JS React Native, HTML5, CSS3, Distributed Ledger Technology , Ethereum and TRON DAPPs, Authentication systems, Real Time Web Apps.
https://www.linkedin.com/in/tapas-paul-rocky-4609781b2/
Meet Ankit Ruthala (Thore) — Chief Business Development — Volunteer

https://preview.redd.it/0b7vqesglcu51.jpg?width=357&format=pjpg&auto=webp&s=f5aaaaf903753cd2373b0bc32d924f8729bbcb41
Thore carries a Bachelor’s in Mechanical Engineering with fundamental engineering and dynamics experience. He has extensive background experience in both engineering and blockchain development. With the ever-increasing level of innovation that is occurring in the blockchain and cryptocurrency space, Thore felt the need to contribute his own knowledge and expertise to the field. Thore’s extensive experience in the field is projected into the YFDAI project with the end-user in mind. Being proficient in both blockchain literacy and technical analyses, Thore understands the cryptocurrency space from both a developer and investor perspective.
https://www.linkedin.com/in/ankit-runthala-752a4785
Meet Wesley — Security Consultant — Volunteer

https://preview.redd.it/d4738ojklcu51.jpg?width=357&format=pjpg&auto=webp&s=c98608b8f71087285cf14e7bd8be2d8125c978d6
Wesley specializes in Infrastructure and security management with a background in economics. Having been involved in the cryptocurrency scene for over three years, Wesley has had ample exposure to the world of blockchain and cryptocurrencies. Since 2017, Wesley has worked as an agent for BTC Direct and in Binance community management.
https://www.linkedin.com/in/wesley-thijssen-223813134/
Meet Cristian- Graphic Designer — Volunteer

https://preview.redd.it/nb91hb6qlcu51.jpg?width=357&format=pjpg&auto=webp&s=256969502f4223b56a9f615e6445a6340660a68b
Despite his previous work experience as a computer programmer, Cristian found his niche excelling in graphic design and maximizing brand identity. After winning over 400 graphic design competitions, Cristian now works as a dedicated graphic designer. Living by the mantra of “every profession is an act of service”, Cristian’s passion is manifested through his works in design, brand awareness, and customer satisfaction.
https://99designs.com/profiles/oakbrand
Meet Cris Content Writer — Volunteer

https://preview.redd.it/y6fgolqulcu51.jpg?width=357&format=pjpg&auto=webp&s=46f981373a8b011cf570bf50ef46b5e87b395c4e
Cris first began his cryptocurrency journey in the summer of 2017. Since then, he has been obsessed with everything cryptocurrency and blockchain related. After being featured on a series of cryptocurrency publications on Medium, Cris found his way into writing and managing a variety of cryptocurrency startups. Cris now continues pursuing his passion in cryptocurrency while balancing life as a university student.
https://www.linkedin.com/m/in/cris-montoya-1738b61b9-Cris/
Meet Christof Waton — Business Development Consultant — Volunteer

https://preview.redd.it/2r3vb6u1mcu51.jpg?width=357&format=pjpg&auto=webp&s=ca5a3c009dd7a32211bb2c141c13f6ccddeb04a2
Christof currently holds a bachelor’s in data communication and is currently completing his masters in Digital Currencies. His initial descent into cryptocurrencies came when he first bought Bitcoin in 2014. Since then, Christof has led his professional career in a variety of fields in and out of the crypto space. Within the crypto space, Christof has held positions as chief business development officer for both ExMarkets and CoinMargin. Outside of the crypto space Christof led as a consultant for both Dubai Hills Fund and Verifo, an e-money institution. After years of experience in both the financial and crypto industry, Christof has experienced cryptocurrency through the lens of a professional, investor, and an enthusiast.
https://www.linkedin.com/in/watonchristof/
Meet Philip Dow — Head Advisor — Volunteer

https://preview.redd.it/a7yu2nd5mcu51.jpg?width=357&format=pjpg&auto=webp&s=cd00c47f55530afb4570808168a26d88c3cf7529
Phil operates as a strategic executive with a high-level background in project management, business development, and marketing. Phil first brought his expertise to the cryptocurrency field in 2016. Phil carries a wealth of knowledge as his years in crypto garnered him key connections with a variety of different cryptocurrency partners ranging from, developers, project CEOs, and marketing.
For the past 4 years Phil has brought coverage to a multitude of different blockchain companies, each offering unique expertise and applications in a wide variety of fields.
https://www.linkedin.com/in/philipdow55/
Now that the team identities have been released this dispels the “Elephant in the room”. The fact that the team chose to become non-anon opens up many doors that would otherwise be closed. The specifics of those opportunities will be made clear in the upcoming whitepaper and future announcements.
Even though the names and faces of the founders behind the project have been revealed, please note that there are many people who are working on the YFDAI project on a contractual basis and volunteer basis who have not been included in the disclosure. There are experts and advisors in the fields of business development, economics, law, and other areas vital to any business that play a major role in the success of YFDAI and who share the vision of the founders to clean up the DeFi space and offer a safe, reliable, and secure suite of DeFi products to the public.
While the team behind a crypto project is vital, the ultimate success of any DeFi project relies on the technology, the code, and the community. YFDAI’s technology and code have been designed to be bulletproof in order to maximize the safety and security for the end user. In the not too distant future, YFDAI’s business model envisions the everyday decisions to ultimately be made by you, the community, by way of the DAO as governance is turned over to the token holders.
To ensure we are operating as securely and compliantly as possible YFDAI has been incorporated as a Technology business in Singapore:
Company Name — Tejster Technologies PTE. LTD. Registration No — 202031933C Address — 50,Raffles Place,#37–00,Singapore Land Tower, Singapore (048623)
To finalise the compliance aspect YFDAI is in the process of obtaining full Financial Services regulation by means of receiving compliance and registration in the Republic of Estonia.
This will be a two stage process with an initial Virtual Currency Exchange and E-Wallet licence currently being sought. YDFAI’s legal representatives have moved this to an advanced stage and expect this to be finalized in Q4 2020. It is at this point that the team shall resume their full job titles and the term “Volunteer” will no longer be required.
The licenses will open up a plethora of opportunities which will be fully detailed in our soon to be released whitepaper and will also provide YFDAI with a level of accreditation that will provide users with full peace of mind.
Once YFDAI secures the Financial Services accreditation listed above, YFDAI will have full insurance coverage of the project’s financial holdings and transactions, including project wallets and user funds.
Thank you for your support and we look forward to setting a new standard of self regulation that will revolutionize the DeFI arena and level the playing field for all participants while minimizing the fraud and desecration of the bad actors who have infiltrated the DeFi space.
- YFDAI Team
Visit us on our website and chat with us on Telegram!
Website: https://www.yfdai.finance
Telegram Community: https://t.me/yfdaifinance
Telegram Announcements: https://t.me/yfdai
Linkedin: https://www.linkedin.com/company/yfdai-finance
submitted by YFDAIFinance to u/YFDAIFinance [link] [comments]

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