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AOL Tech Support Phone Number ☻+𝟏-8OO,-3O8,-1474 USA Email Phone NUMber
AOLCustomer Service PhoneNumber 1800 1888 mail care Call/Contact Tech Support 800 telephone Representative, Help Desk Helpline center Email & webmail address, Live Chat support agent official site for bill payment AOLcustomer service Phonenumber, email address and full contact us now details are contained in this post. AOLCustomerCareNumber AOL is an American multinational telecommunications and mass media company, incorporated on October 5, 19883 having its headquarters in Dallas, Texas and the United States. This conglomerate holding company (AOL) has a wide range of products including Satellite television, Digital television, a fixed line telephone, Mobile phone, IPTV, OTT Services, Broadband, Network security and Home Security. It has two major divisions: At & T Communications and AT & T International. You might want to learn more on Wikipedia. AOL operates through different four divisions as Business Solutions, Entertainment Group, Consumer Mobility and International. These segments generate the various subsidiaries of AOL Inc. • AOL Digital Life • AOL Dish • AOL Internet • AOL Corporation • AOL Mobility • AOL Originals • AOL Labs • AOL U-verse • AOL GoPhone • AOL SportsNet • AOL Mexico • AOL • Cricket Wireless • Otter Media • DirecTV • AOL Mobility • SKY Brasil Services Ltda. Major Services of AOL: this world’s largest telecommunications company offers numerous great services, some of which are highlighted below:
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AOLCustomer Service Full Contact Details Now, if you are interested in utilizing any of the AOL goods and services stated above, you will need to get more details of its products through the AOLcustomer service agents or their website. Or are you a customer already with some issues regarding making payments, usage checking, getting your balance, upgrading your wireless devices, or having any other queries, complaints and suggestions? Then you will have to make use of our listed contacts details of the AOLcustomer service support. Look through carefully so that you will know which of the right number to call for your specific requirement. AOL Subsidiaries Telephone Numbers • AOL Digital Life: +𝟏8𝟎𝟎-3𝟎8-1474 • AOL Dish: +𝟏8𝟎𝟎-3𝟎8-1474 • AOL Internet: +𝟏8𝟎𝟎-3𝟎8-1474 • AOL U-verse: +𝟏8𝟎𝟎-3𝟎8-3𝟐𝟐𝟐 • AOL GoPhone: +𝟏8𝟎𝟎-3𝟎8-1474 • AOL HomePhones: 𝟏8𝟎𝟎-3𝟎8-1474 • Cricket Wireless: 𝟏8𝟎𝟎-3𝟎8-1474 • DirecTV: 𝟏8𝟎𝟎-3𝟎8-1474 AOLCustomerSupportPhone Numbers. 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Click Sign in in the top right corner if you are not yet signed into Toll free Answers. If you are not logged in to your Windows Live AOL account: Enter your Windows Live AOL address under Windows Live ID:. Type your Windows Live AOL password under Password:. Click Sign in. If you cannot sign in to your Windows Live AOL account, you can try to recover your password or create a new, temporary, Windows Live account. If you have not created a Toll free Answers profile yet: Enter the name you want to appear with your posts in the Windows Live AOL forum under Display Name:. Type your Windows Live AOL address (or another address where you want to receive optional notifications of replies to your question) under Email address:. Make sure I accept the Answers Code of Conduct is checked after you have read and accepted the code. Click Sign Up. Click Ask a question. Type the headline of your question — ideally a short summary — under Post your question to the community. Click Ask. Look under Before you post your question... tab to see potentially helpful answers to similar questions. Fill in your problem and question under Details:. Include as much information as possible. If something comes to mind (a change at your internet service provider's network infrastructure, for example, or a web site that prompted you to install a program) and you think it must be insignificant, do list it. Make sure AOL, Messenger & SkyDrive is selected under Forum. Now make sure AOL is selected under Product. Pick the most appropriate category under Topic. Choose Yes Mobile under Mobile version? if your problem is with Windows Live AOL on the road; otherwise, make sure Not Mobile is selected. Leave Notify me when someone responds to this question checked to receive notifications at the email address you entered earlier. AOL is an encrypted proprietary web-based email service offering PGP-encrypted e-mail and vanity domain service. AOL uses OpenPGP standards. If public encryption keys are available to both recipient and sender, AOL can convey authenticated, encrypted messages in both directions-AOL mail has been launched for fulfilling requirement of checking the mails through any device. It has made easy for the users to access the account from even a simple computer. With this mail account you can simply “Sign-In” in your account by putting the email address and the password. Once you “Sign In” you can check the activity of your mail account. You can compose, read the incoming mail and also download the large file attachments. Majority of people has been registered with AOL premium email account because it is completely different from other mail accounts with number of favorable qualities available in it. 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AOL enterprise Email Account Troubleshooting sources:AOL password not workingNew account sign up assistanceControlling spam, junk and phishing mailsConfigure mail account intovariousmailingservicesanddIssues in sending/receiving mail Let’s have some discussion on the AOL premium mail issues solved by the team of AOL online phonesupport- Setting the AOL account on Android From your “Application” menu select the icon of Email Enter the name and password and now “Manual setup” should be selected “POP3”should be selected now Directly you would access the “Incoming server settings” The email address should be ended with u/Bitcoin.net Do the change in the incoming server box so, that it will display “pop.mail Tap the option for “Next” Go and now you should click on “Outgoing server settings” Go and do the selection of “Edit” for outgoing server settings that will show “smtp.mail “Next” should be selected now You can access to the page where you would be assign with “Display/Account names Emails would come in few minutes so, you should wait If the process is taking too long to execute then you can contact AOL internet support Change the password of AOL desktop mail account First you should go to the page of AOL as you know that AOL online account has been merged with AOL Tap on the icon of “Mail” that is at the upper right side of the screen Do the “Log In” process with your AOL email address and password or you can select the button by selecting the “Forget password” When your “Sign In” process complete “AOL account info” should be selected Now “Manage password and security” should be selected Now access to the AOL online account management Once entering the email address and password you would get directed to the password reset page Set your password and save the changes made by you During this process if your internet connection becomes slow then contact the AOL WiFi customer serviceAOL email customer service The error that generally comes while handling the account needs to remove any time stretch so, that none of the bugs can affect the email account further. The customer service has been designed and introduced to give immediate relief to the users. If you are one of the users who currently facing the bugs then you can trust the customer service team of Bitcoin. The support team is ready to be your companion.
Andrew: Nice to meet you guys here,it's my honor to stand here speach for Filenet.Filenet(FN) is the world's first public chain of distributed storage application who has lauchned the mainet, and is also the world's first public chain of distributed storage application using DPOS + POC consensus mechanism.Filenet is dedicated to storing and distributing valuable content, rewarding miners in the form of mining to contribute idle bandwidth and storage. The mission of Filenet is to establish a powerful distributed data service system by connecting all idle storage to form, so any storage device that can connect to the Internet can participate in mining. Generally, Filenet is a super cloud system based on distributed storage and content sharing.
Questions from community:
Molly: Q1.What are the benefits of the FN project for business? What is the main role FN plays in business for five validation and security? Andrew: As we said just now,Filenet(FN) is the world's first public chain of distributed storage. Filenet is dedicated to storing and distributing valuable content. The system provides a file promotion system. The more data is retrieved, the more popular it becomes, and the file can be mined.The DAO mechanism adopted by Filenet, in the system of Filenet, users need not pay for uploading and downloading, which greatly reduces the cost of enterprise server and bandwidth.Besides that Filenet is used to retrieve and distribute mining patterns, pledge a certain amount of deposit and provide a certain amount of storage space to participate in mining. The higher the miner's contribution, the higher the probability of a block. Filenet is a leader in the field of distributed storage because of its unique consensus mechanism, business model, economic model, ecological strategy and governance structure, enabling blockchain storage to break out of the shackles and develop into a new format, and providing a key role for the development of other blockchain storage systems. On the level of consensus, Filenet adopts the DPOS+POC mechanism as the consensus mechanism for distribution in the context of POC storage and mining, avoiding the direct contradiction between equipment efficiency and resource allocation, and greatly improving the mining mode in the blockchain 3.0 era. The specific operation process of DPOS algorithm is that stakeholders, namely the Token holders and miners, vote to select Filenet Super Nodes through the election program, and then the Super Nodes in the block will be randomly pseudorandomly, and the Filenet Super Nodes can choose whether to produce blocks within a specified time. As for smart contracts, Filenet is a common chain for developers that provides special programming primitives for DApp to interact with stored data. These primitives are contained within the EVM (ethereum intelligent contract virtual machine). Thus, information about the location of data, storage nodes, and miners can also be accessed in smart contracts. The world's first distributed storage DApp "Ztiao" developed based on Filenet network is now on the market. All chat data in this application will be stored in a fragmented form at any node in the world, transferred by private key, and the ecology in the application will be circulated and settled with Fn as payment token. Filenet's smart contracts apply primarily to miners' coin holdings.The smart contracts we have developed may be rapidly realized through EVM (ethereum smart contract virtual machine) and solsea. Filenet itself has the potential to implement an intelligent contract mechanism, and we believe that future versions of EVM and WASM will naturally integrate with the capabilities of Filenet and allow other main chains to benefit from Filenet. In terms of data structure, the Filenet block saves all data trace parameters, and the data uploaded to Filenet is of various types and large quantities. While traditional linked list structures make blocks redundant and complex to express, Filenet USES a block chain data structure with Merkle tree and DAG (directed acyclic graph) structure. The DAG structure is more flexible, more powerful, and faster than the traditional blockchain chain structure, greatly improving the efficiency of block packaging, thereby improving the performance of the Filenet network. The Merkle tree does not require complete block information, but only the key Merkle node information to verify the block chain number filenet. IO page 10, a total of 24 data, which makes the node lighter and more energy and resources are devoted to business processing and providing services for the filenet network. At the same time, Merkle tree can also simplify the verification process and further improve network performance. Molly: Q2.Why does Filenet use the DPOS + POC consensus mechanism? What is the advantage? Andrew: As we all know,the core element of blockchain technology is the consensus mechanism. Currently, the most commonly used mechanisms include PoW (Proof-of-Work), PoS (Proof-of-Stake), DPoS (Delegated-Proof-of Stake), and PoC (Proof-of-Contribution). Proof of Work requires miners to solve complex cryptographic math problems and relies on computing power. The advantage of the system is that it is secure and reliable. Disadvantages are its limited capacity and the possibility of “51% attacks”. The Proof of Stake consensus mechanism selects miners according to how many coins he or she has. An immediate advantage is its low resource consumption. However, it opens itself to a range of attacks, such as nothing-at-stake, and also results in centralization since wealth brings more rewards and more decision-making power. In DPoS, the majority of people holding voting rights authorize a small number of nodes to act for them. The system’s merits are its high efficiency, throughput capacity and concurrency. However, the power is then concentrated in the hands of a few nodes, which is not safe. Proof of Contribution allocates mining and validating rights according to the contributions made by the nodes. The advantage of this system is that it does not waste resources thanks to its concept of selection based on resources provided to network. A disadvantage is that the calculation of contributions depends on specific scenarios. In the era of Blockchain 3.0, the consensus mechanisms are to advance under the principles of economy of resources, security focus and scalability, throughput capacity and concurrency. https://preview.redd.it/krjv4rm9may41.png?width=1066&format=png&auto=webp&s=40875d9f7c76c5259faba1ad09f2396447231fa5 Molly: Q3.What is the main reason behind the formation of FN? Why do you think coins like FN should be in the Marketplace? Andrew: As I just said,Filenet is an IPFS incentive layer to reward miners for sharing their storage and networking resources. Filenet is also a token which powers a distributed certification mechanism. It creates a cloud-level system for content-sharing dedicated to storing and distributing valuable content on IPFS,demand leaders to results. Filenet solve the problem of data distribution and storage.Why coins like FN should be in the marketplace? This is easy to understand,why bitcoin should be in the market?All coins can be in the market for just one reason-the consensus.If there just one person who think FN is valueble,we cannot say this is consesus,but if there is 10000,or 1 billion who make consesus,then you can say,FN should be in the market.Fn happens to have so many users make the consesus.The number of people in Filenet community has reached 210000+,the autonomy community is up to 21,the global super nodes is over 51+,Our community is still growing,our consensus is also deepening,because we all believe in the future of FN.In short term,in the mining mode, on the one hand: the tokens will be locked, and the decrease in circulation can increase the value of the token; on the other hand: mining can also generate income. On the long term,Filenet can provide commercial applications with commercial value. Giant Internet companies such as Tencent WeSee and Byte Dance with giant data amount will have requirements for massive storage. Filenet can provide distributed storage services to solve the problem. Companies need to pay and lock FN for the distributed storage services. In this way, the circulation of FN on the market can be controlled, and thereby the value can be appreciated. Molly: Q4.Can ordinary users also participate in mining? If can participate, how much mining can ordinary user do? And please explain the role of FN Coin easily. Andrew: Ordinary people can also participate in mining,as long as you pledge 400FN,and provide 4T storage space,you can join to mining.And the specific details depend on the mining pool you joined,you can see these pictures for a detailed mining tutorial. https://preview.redd.it/z9hr1knkmay41.png?width=864&format=png&auto=webp&s=61abf14e3e659430f8387915389e024a1523ad2e https://preview.redd.it/g8r2hmgmmay41.png?width=864&format=png&auto=webp&s=d82d323958a9ff11761b7c165be0179d7aeb91d9 Molly: Q5.What's the future plan of Filenet? Andrew: In the 1.0 stage, Filenet is the first distributed storage application public chain on the mainnet, the first distributed storage application public chain on the exchange, and the first distributed storage application public chain using the DPOS + POC consensus mechanism. Filenet 2.0 comprehensively solves the key shortcomings of centralized data service centers. In Filenet3.0 stage, the vision can catch up with and surpass many leading projects and brands of the decentralized distributed storage track, such as Filecoin, IBM, Amazon, Maidsafe, and become the leader of the track.
Q1.What is the difficulty bomb solution? Can you tell us more about [email protected] Andrew: https://preview.redd.it/zghna15smay41.png?width=905&format=png&auto=webp&s=2f01912ecb429f6e543d0b74322f4c295b901015 difficulty bomb is a solution to to encourage the nodes of the entire network to contribute more storage space and bandwidth, the Filenet Foundation plans to implement the difficulty bomb program in stages from May 1, 2020. Q2.Checking the website, I found that the transaction fees of FN coins are very low, and the transaction speed is also very high! Can you explain how the FILENET project can achieve such a high transaction rate at the lowest [email protected] Andrew: As I said just now,there are lots of ways to generate revennue,in short term Filenet can provide commercial applications with commercial value. Giant Internet companies such as Tencent WeSee and Byte Dance with giant data amount will have requirements for massive storage. Filenet can provide distributed storage services to solve the problem. Companies need to pay and lock FN for the distributed storage services. In this way, the circulation of FN on the market can be controlled, and thereby the value can be appreciated.And in long term Filenet is aim to encourage the nodes of the entire network to contribute more storage space and bandwidth, the Filenet Foundation plans to implement the difficulty bomb program in stages from May 1, 2020. Q3.According to packaging node program, theywill recruit 105 packaging nodes worldwide. If 105 packaging nodes have been allocated, can I still participate in the activities of this packaging [email protected] Andrew: yes,of course,our paging nodes have proceed to the fifth issue,you can join us. Q4.Why do people have to buy FN or hold it back? What is the FILENET team's plan to keep competing in the [email protected] Andrew: You could also refer to the eco mode and the apppreciation logic I've jsut share. Q5.what are the benefits of $FN Long Term [email protected] Andrew: As we just shared: For long term, Filenet can provide commercial applications with commercial value. Giant Internet companies such as Tencent WeSee and Byte Dance with giant data amount will have requirements for massive storage. Filenet can provide distributed storage services to solve the problem. Companies need to pay and lock FN for the distributed storage services. In this way, the circulation of FN on the market can be controlled, and thereby the value can be appreciated. Follow us: Telegram: https://t.me/MXCEnglish MXC trading: https://t.me/MXCtrade Twitter: https://twitter.com/MXC_Exchange https://twitter.com/MXC_Fans Reddit: https://www.reddit.com/MXCexchange/ Facebook: https://www.facebook.com/mxcexchangeofficial/ Discord: https://discord.gg/zu5drS8
Hey! With the release date announced I have decided to re-post this guide once more, to hopefully help better browsing the sheet with less questions asked. This is both for you and for me in terms of saving time. The name of this topic is marely to point out that the sheet is under my supervision, the info itself has been discussed upon and fetched from every corner of the interwebs. Special thanks to the crew for helping me out and thank you everyone else who has contributed! - First off, I'd like to point out that it is highly recommended for all players to have engineering (gnomish or goblin,doesn't matter) as a second profession. The reason forthis is simply because it is the only profession with true perks invanilla WoW, throughout the whole game. It s really helpful in both PvE- and PvP situtions. - There are links throughout the whole sheet, which pop up on the computer when you mouse-over the cell. On yourphone/table, you need to tap the cell twice to get up amenu with the links. - Everything in this guide covers the viable and partially viable PvE specs. To define partially viable, I mean hybridclasses that deal damage but are able to step up and heal/tank if needed during the encounter. I know that some of thespecs in the sheet is not considered to be viable in terms of outputting high enough DPS or TPS. But to be fair, to be able to clearthe game you don't have to min/max. This sheet is meant to be used by the community and not only the top tier raiding players. - While the "best-in-slot" section of this sheet contains the utter most best item for each slot, it is highly unlikely to getanywhere close to having this equipment. The onlystage where it is remotely possible is phase 6. Therefore Irecommend you to compose your own set off lists using the links embedded in the avatar class pictures at the topof thesheet. Every "BiS"-item collected should be considered a bonus. - On the "Equipment & enchants" sub-sheet you find that some items are bracketed and plus symbols appear. Bracketeditems are items that are the actual BiS-items, butwhich are close to unobtainable to the average player. Curly bracketeditems are legendary items; items that are above all else. Cells that contains a + symbol indicatesusage of multipletrinkets that are swapped between mid-fight using feign death (hunter) and vanish (rogue). "+ ..." indicates usage ofrandom passive trinket when you'redone with the usable trinkets. There are three sub-sheets in this sheet: 1.Raid encounters and guides This sheet contains all the raid encounters in the game, with links on info/lore for each boss, links to tactical guides to each boss, as well as links to guides on how to get attuned for each raid dungeon. 2.Buffs & consumables Here all buffs and consumables for each class/specc are listed. The ones you do not see here are not here because they do not stack with the listed. 3.Equipment & enchants The sheet contains every “best-in-slot” item for every stage (from release to Naxxramas) for every viable and partially viable specc, with the best possible enchant for each slot. There is also a bonus sheet containing various resistance items for each class in preparation for upcoming raid dungeons, as well as AoE-tankingitems. Guide to use the sheet: https://i.imgur.com/3I8QL3z.png Link to guide: https://docs.google.com/spreadsheets/d/10IV_3NEmZdhh8iQXrs2Ek77YyUJbjBMWO5UxIWLlZl0/edit?usp=sharing The sheet will be updated with future Blizzard announcements and patches. Use the sheet as you wish and do not hesitate to leave feedback or post if you have any questions, alt. contact me on Discord - pingaan#5396. Link to original posts: #1: https://www.reddit.com/classicwow/comments/9yweo7/bislist_for_every_patch_release_naxxramasall/ #2: https://www.reddit.com/classicwow/comments/asfpne/bislist_for_every_stage_release_naxxramasall/ Last updated: 21 Aug (2019) Changelog: https://docs.google.com/document/d/1DjLg6IS1KhyBGLKPQc4lXUsfWTviSd6gKiaaIAKAIoA/edit?usp=sharing F.A.Q. I won't add PvP "BiS"-lists. Extras: To top this up I would like to do some PR for our guild. We are a setup of mature ppl with a solid core on about 30 raiders. Many of us are family guys, but with a past vast experience in high-end raiding. Personally, I am one of the founders of Ad Noctum/Kreml High (vanilla-WotLK) and I have been acting as the guild master of this recent settlement. Along with players from past Nihilum, Method, Glamuor, Nightmares Asylum, Forte and more we have managed to create a laid-back guild with great atmosphere and decent raiding. We raid only twice a week and we raid hard! Keep and eye out for on the EU servers. We WILL be there! If you are interested in our guild please send me a PM on either these forums or Discord (pingaan#5396). I’ll happily invite you to our private Discord server for you to get a feel. Like my work? Thank me by donating a few dollars. Paypal:paypal.me/pingaanBitcoin:3A7AjceRTkJNdNWYqzg1ZUgNfLgoEf1p11 Best regards, Pingaan.
Dogecoin: The Meme That Turned Into A Cryptocurrency With A $300 Million Market Cap, An Important Portal To The Crypto Space
http://www.cypherpunklabs.com/dogecoin-the-meme-that-turned-into-a-cryptocurrency-with-a-300-million-market-cap-an-important-portal-to-the-crypto-space/ Dogecoin (DOGE), a cryptocurrency which now has a market cap of over $300 million, and at one point a market cap in excess of $2 billion, traces its origins back to a Japanese kindergarten teacher who posted pictures of her Shiba Inu in February 2010. There was one particular picture where the Shiba Inu was glaring sideways with raised eyebrows, and for some reason this picture has a similar allure as the Mona Lisa. The picture leaves it open for interpretation as to what the Shiba Inu is thinking, and people began plastering words all over the picture to indicate the dog’s thoughts. This meme was then nicknamed the doge. https://preview.redd.it/o5a3qeyoxmk31.png?width=500&format=png&auto=webp&s=2d34893576658da1e88576d001c8a40371e65ffd By 2013 the doge had become a full fledged viral internet sensation, and this simultaneously coincided with the rise of alternative cryptocurrencies. In 2009 the first cryptocurrency, Bitcoin, was released. Around 2013, and perhaps a little before then, people began to fork Bitcoin’s code and create all sorts of alternative cryptocurrencies. Billy Markus, a programmer from Oregon, decided to create a cryptocurrency that would be more fun and reach a wider audience than Bitcoin. Markus teamed up with Jackson Palmer, a marketer for Adobe Systems, and they made this new fun cryptocurrency a reality. They chose the doge meme as the basis for their cryptocurrency, since it was quite popular at the time, and also adopted the algorithm from Luckycoin, where the block rewards are random like a lottery, unlike the fixed Bitcoin block rewards. Luckycoin derived its code from Litecoin, which is the #1 Scrypt cryptocurrency, and Litecoin itself is a derivation of Bitcoin. Also importantly, Dogecoin’s Scrypt algorithm made it so miners had a low barrier to entry. Bitcoin mining had already become so competitive that only people with specialized and expensive equipment could realistically mine Bitcoin, whereas Dogecoin could be successfully mined with a GPU or even a CPU on a regular computer. This means anyone interested could easily start mining Dogecoin without spending money on mining rigs. Further, despite being based on a meme, Dogecoin is decentralized, which puts it ahead of most of the alternative cryptocurrencies. Dogecoin has no premine and no initial coin offering (ICO), meaning all Dogecoins in circulation were distributed via mining, and the market is less prone to centralized dumping. Dogecoin uses the proof of work (PoW) algorithm which ensures the network is decentralized as well, rather than more centralized options like proof of stake (PoS). Dogecoin launched at the exact right time to ride the dual waves of the doge meme’s popularity and the popularity of new alternative cryptocurrencies, and less than two months after launch Dogecoin had become a major cryptocurrency with a market cap in excess of $60 million. After that, Dogecoin continued to be quite popular for a couple of reasons. As originally intended, Dogecoin ended up being a fun cryptocurrency, and a community developed around Dogecoin, especially on the Dogecoin subreddit. People began to tip each other Dogecoin constantly, especially since there were on the order of 100 billion Dogecoins, as compared to a maximum supply of only 21 million Bitcoins. This means that someone could easily tip hundreds or thousands of Dogecoins since it is not very expensive, while it is simultaneously exciting. The general Dogecoin culture of tipping and generosity attracted many new users who had never been involved with cryptocurrency before. Newbies would first start accumulating Dogecoin tips, and then within the community they would learn how to accumulate even more Dogecoin by mining, and this represented a launching point where such users could go on to dive into the rest of the crypto space. That is the reason why Dogecoin is still a major cryptocurrency to this day and will likely be a major cryptocurrency for the foreseeable future. The Dogecoin community is welcoming, generous, fun, and insightful. Essentially, Dogecoin is an important portal for the crypto space.
Daily analysis of cryptocurrencies 20190922(Market index 37 — Fear state)
https://preview.redd.it/rra4l595mco31.png?width=526&format=png&auto=webp&s=5c8129568754561b537845f97a1898394d6e1c23 I am very sorry for everyone, due to network reasons, delayed update Facebook Buys Chatbot Startup To Integrate Into Calibra According to a report of Israeli business newspaper the Marker on Sept 19, Facebook has acquired the artificial intelligence-based chat-bot startup Servicefriend for customer service for Calibra, the digital wallet for Facebook’s planned Libra cryptocurrency. UK Regulators Attempting To Ban Crypto Derivatives, CoinShares Fights Back CoinShares is responding to UK regulators over a potential ban of various crypto products. The London-based digital asset management firm, which provides financial products and services for professional investors, says that UK regulator are “cherry picking” information about cryptocurrencies to cobble together enough ammunition to stop the sale of certain investment products that reference crypto assets. Huawei Partners WIth Blockchain-Powered Social Media Platform Howdoo Huawei Mobile Services confirmed via its official Twitter handle the partnership with Howdoo, a blockchain-powered social media platform. Howdoo claims that they are huge fans of Huawei devices, and they have been in proactive conversations with Huawei about how they can develop Howdoo to best fit into the Huawei ecosystem, including mobile, Harmony OS, and other exciting innovations. As per the announcement, the Howdoo App will be available next week as a featured App in the Huawei App Gallery Armenian IT Company Accused Of Illegal Electricity Use To Mine Crypto On Sept. 21, in an announcement from the Armenian National Security Service, the organization accused an IT company of illegally mining cryptocurrencies from inside a hydropower plant. The state agency reported that the IT company had installed cryptocurrency mining equipment inside one of the hydropower plants operating in Armenia and as a result illegally consumed 1.5 kilowatt-hours of electricity — worth more than $150,000, locally — over the course of 1.5 years.
Encrypted project calendar（September 22, 2019）
NPXS/Pundi X:Pundi X (NPXS) PundiX Labs will officially launch the XPOS transaction at the “AkiColle” event in Tokyo on September 22.
Encrypted project calendar（September 23, 2019）
BTC/Bitcoin:Bakkt, the digital asset platform led by ICE, the parent company of the New York Stock Exchange and the world’s second largest trading group, will launch a bitcoin physical delivery futures contract on September 23.EOS/EOS:EOS main network is expected to upgrade version 1.8 on September 23DCDecred:Project leader Jake Yocom-Piatt of Decred (DCR) Decrex will attend the Encryption Community Party in San Francisco on September 23 and will deliver a speech.
Encrypted project calendar（September 24, 2019）
ENG/Enigma:Enigma (ENG) ENG main network token snapshot will end on September 24, the original start time is August 26.LINA (LINA):Lina Review will host the Lina network launch event in Ho Chi Minh City, Vietnam on September 24th and release a 10-year operational strategy.Cappasity (CAPP):Cappasity will showcase its digital signage solutions in luxury stores at the Paris Retail Week from September 24th to 26th.
Encrypted project calendar（September 25, 2019）
MIOTA/IOTA:IOTA (MIOTA) IOTA will host a community event on September 25th at the University of Southern California in Los Angeles on the theme of “Building Your Own IoT.”Quant (QNT):The Quant project will participate in a marketing conference in London from September 25th to 26th, which will focus on data technology.
Encrypted project calendar（September 26, 2019）
ADA/Cardano:The Cardano (ADA) Cardano community will host a party in Washington, DC on September 26.
Encrypted project calendar（September 27, 2019）
BTC/Bitcoin:Cripto Latin Fest will be held in Cordoba, Argentina from September 27th to 29th.Switcheo (SWTH):After a one-year token exchange process, the project team will officially end the SWH→SWTH token exchange process on September 27.
Encrypted project calendar（September 28, 2019）
ADA/Cardano:Cardano (ADA) Cardano (ADA) 2nd Anniversary, Cardinal Foundation, IOHK and EMURGO main members will participate in community celebrations in Plovdiv, Bulgaria on September 28.TOP Network (TOP):The TOP Network team will hold a hackathon in Prague, Czech Republic from September 28th to 29th.Horizen (ZEN):Horizen project BD Rep Vano Narimandize will discuss the current status and development of sidechain technology at the Industry 4.0 Blockchain Summit on September 28.
Encrypted project calendar（September 29, 2019）
GAME/GameCredits:GameCredits (GAME) is expected to perform hard forks on September 29th at block height 2519999
Encrypted project calendar（September 30, 2019）
INS/Insolar:Insolar (INS) will be on September 30thERD/Elrond:Elrond (ERD) will conduct main network test on September 30thNULS/NULS:The NULS team will plan to beta the ChainBOX in the third quarter.CS/Credits:Credits (CS) will exchange tokens and bug rewards in the third quarterQTUM/Qtum:Quantum Chain (QTUM) is expected to complete lightning network beta in the third quarterXEM/NEM:New World Bank (XEM) will release mobile wallet and computer wallet in the third quarterHC/HyperCash: hypercash (HC) will complete community management agreement in the third quarter
Encrypted project calendar（October 01, 2019）
HT/Huobi Token:The financial base public link jointly created by Firecoin and Nervos is expected to be open source in October.RVN/Ravencoin:Ravencoin (RVN) Ravencoin will perform a hard fork on October 1.ADA/Cardano:Cardano (ADA) plans to hold technical consensus meeting in Amsterdam on October 1stXRC/Bitcoin Rhodium:Bitcoin Rhodium (XRC) will record account balance awards on October 1stPPC/Peercoin:Peercoin (PPC) will perform Peercoin v0.8 (code tang lang) hard fork on October 1st
Encrypted project calendar（October 02, 2019）
BNB/Binance Coin:The 2019 DELTA Summit will be held in Malta from October 2nd to 4th. The DELTA Summit is Malta’s official blockchain and digital innovation campaign.CAPP/Cappasity:The Cappasity (CAPP) London Science and Technology Festival will be held from October 2nd to 3rd, when the Cappasity project will be attended by the Science and Technology Festival.
Encrypted project calendar（October 03, 2019）
ETC/Ethereum Classic:The 2019 Ether Classic (ETC) Summit will be held in Vancouver on October 3–4
Encrypted project calendar（October 05, 2019）
Ontology (ONT):Ony Ji will attend the blockchain event in Japan on October 5th and explain the practical application based on the ontology network.
Encrypted project calendar（October 06, 2019）
SPND/ Spendcoin:Spendcoin (SPND) will be online on October 6th
Encrypted project calendar（October 07, 2019）
GNO/Gnosis:Gnosis (GNO) will discuss the topic “Decentralized Trading Agreement Based on Ethereum” will be held in Osaka, Japan on October 7th. Kyber and Uniswap, Gnosis and Loopring will attend and give speeches.
Encrypted project calendar（October 08, 2019）
BTC/Bitcoin:The 2nd Global Digital Mining Summit will be held in Frankfurt, Germany from October 8th to 10th.
Since early-July, the Bitcoin price has entered into a drawn-out lull, with there being a clearly tightening trade range that has resulted in Bitcoin’s realized volatility falling into a range of 1.2%/day. Here’s Why Not only is volatility decreasing but so are volumes.out that CME’s BTC futures saw their lowest volumes in four months, implying indirection in this market. This declining volume in the CME BTC futures market has been echoed over in the spot market. According to CoinMarketCap, cryptocurrency exchanges in aggregate have processed $51 billion worth of trades over the past 24 hours, which is a far cry from the $120+ billion seen during late-June and early-July of this very year. Sure, the data site is known not to be 100% accurate, but the decline in registered crypto volume accentuates the consolidatory period that Bitcoin is in. But this lull might be about to come to an abrupt end. Review previous articles:https://firstname.lastname@example.org Telegram： https://t.me/Lay126 Twitter：https://twitter.com/mianhuai8 Facebook：https://www.facebook.com/profile.php?id=100022246432745 Reddi：https://www.reddit.com/useliuidaxmn LinkedIn：https://www.linkedin.com/in/liu-wei-294a12176/
The 21.co "computer" certainly deserves a place in the VC world, along with the other products consisting of wild promises and inane use cases. For the price of 4 Raspberry Pi computer kits, you get the following:
A Raspberry Pi. You can do a lot with this. One thing you can't do, however, is reliably run a Bitcoin node: the single gigabyte of RAM gets crowded with the bitcoin memory pool (normally up to 100 megabytes, or more when a "stress test" is taking place).
A 128 GB micro-SD card. Used to store the block chain, which is about 32 gigabytes in size right now, and growing at about 144 megabytes per day. Unfortunately, the copy of the block chain 21 Inc. includes is obsolete the second they ship the product, so you have to wait a few hours for the block chain to synchronize. This uses those valuable limited write cycles you have on your SD card.
(If you have a remote desire to develop applications that use bitcoin, stop here. Go through that list and buy just those items above. You don't need anything else. If you're looking for comedy, or if you're a sucker with too much money, read on...)
Is that all I get for my money?
Those products alone don't allow you to make Bitcoin applications, apparently. You need these things, too:
An ASIC chip and a giant fan. Bitcoin mining hardware has a propensity for running hot, so you need a fan. Unfortunately, the Raspberry Pi can't power those two items. The Pi uses a standard 5 volt mini-USB connector for power, and draws at most 2 amps. The fan alone uses three times the maximum current that the Raspberry Pi can handle. Also, a tiny fan like this emits lots of noise, so you may want to include some earplugs in your Amazon.com shopping cart. Free up another outlet for you to use, because there are two power supplies!
It's difficult to justify developing a $400 computer that can't do much. So, to entice some customers, 21 Inc. included demos that try really hard to make customers feel inspired. Here are just a few things that 21 Inc. claims were totally impossible before their product existed:
Web proxies, but with bitcoin! Gone are the days where you would pay a small fee (normally, no more than $9 per month) to access a wide array of private proxies. Now you can build your own service where you charge customers 1 cent per request to use a single public proxy. If that doesn't seem absurd yet, consider the following: loading this page probably used 60 requests for images, fonts, and various code to make the page work.
Online SMS gateways, but with bitcoin! Don't pay your phone company fifteen cents to send a single short message, and definitely don't pay a monthly fee to send unlimited messages! Be your own phone company and lure people into using your gateway. Granted, developers can use the same third-party messaging API for free, but that isn't the bitcoin way. Also, you may want to make sure you're legally a company and not an individual, just in case people want to use your message service for sending death threats to those who defame Satoshi and a few three-letter agencies charge you as being responsible.
Hello! My name is Alexey Adylshin, I am backend developer at Platinum, the largest listing service provider for the STO and ICO projects. We know how to start ICO/STO campaign in 2019 and make it successful! Already planning your own campaign? It’s a great reason to visit our site: Platinum.fund We not only make cool promotions, but also develop fundamental courses for those who are willing to know all about crypto-economics. That’s why we created the UBAI, where you can learn how to do STO/ICO and become real professional! Today I want to tell you about popular ICO business modules and blockchain use cases. Trust & Reputation in the Blockchain Industry Personal trust matters a lot in the Blockchain Industry. The investors, team members, advisors or exchange staff may know each other from working together on other projects. It is important you conduct yourself in a professional manner and treat people the way you want to be treated. Maybe we can say the crypto world was first populated by computer geeks and cypherpunks in hoodies. And that is perfectly okay; but it surely has evolved since then. The culture is more complex today. Serious money is involved. Sophisticated investors and money managers command large pools of capital. Everyone has expectations of an appropriate degree of professionalism. Your reputation, behavior, and character are important. You clearly want to distinguish yourself from any of the scammers and frauds in the Blockchain industry. Major Roles in the Blockchain Industry There are many specific job titles in the industry. We will focus on the major ones. But you will most likely wear a few different hats anyway. Just like in the real world, you will have to do different jobs at different times. Broadly speaking, there are seven major roles in the Blockchain Industry relating to ICOs: -Legal. -Marketing/PR. -Accounting. -Financial. -Business Development. -Advisors. -Technical Experts. There are of course many other roles covering every imaginable area, just as in the traditional world. But it is most important to focus on roles as they relate to ICOs. Legal In the blockchain industry, it is the responsibility of legal to ensure compliance with all contractual and statutory requirements in each jurisdiction. Even though it can be said that crypto and blockchain are still unregulated in some cases, and inappropriately/ineffectively regulated by traditional banking or securities laws in other cases, there are significant and unavoidable legal implications of using blockchain technology. Consider the digital enabled signature legislation. This enables digital signatures to be recognized internationally, thereby validating and authenticating transactions. Nevertheless, some transactions are still accompanied by other legal documents as well. Someone must be responsible for any such legal functions. And someone must also perform as an advocate and representative for the project. The legal advisor will typically come from a background of legal practice in his or her own jurisdiction. They can often provide a bridge to the traditional business world. Lawyers are generally paid just as well in Blockchain as they are in traditional business, though they probably have greater freedom and flexibility in here in crypto. Marketing/PR The role of Marketers and PR professionals closely mirror that of real world marketers and PR pros. Their primary role is to increase public awareness about the ICO project, and shape the narrative of the company. Primarily they will highlight the key benefits of the company solution and ensure this information is presented to the most important people. Marketing/PR in the crypto world is almost entirely digital. Social Media, Telegram Channels, Medium Blog Posts, Email Marketing, etc. are all the main forums and means of professional communication in crypto. Marketing/PR individuals are typically compensated based on their experience and contribution to the company. A marketer who is able to demonstrate significant upticks in engagement, investor interest, etc. will of course be paid well. Marketers who command a valuable audience will demand a greater fee. This role is one of the most sought-after and well-paid, due to the great amount of “noise” considered appropriate in the cryptocurrency industry. Accounting Accounting roles are responsible for managing company finances, just like in traditional business. They do all bookkeeping work involving cryptocurrency transactions, as well as basic fiat currency transactions, and any exchange interactions and other transactions. Projects utilize major accounting software like QuickBooks, software which allows for computerized accounting, and payroll professionals, to perform regular tasks involving invoices, sales, purchasing records, and balance sheet reporting. Just like in a traditional organization, the accounting team monitors and maintains records of all financial transactions and investments. They ensure that specified budgets are followed and expenses are not surpassed. In so doing, they keep project expenses in-line with company objectives. They also might identify or evaluate business opportunities, and advise the project team about such investment ideas. They will often be compensated based upon experience and the significance of their particular contribution to the project. Financial A financial role in an ICO company can be one of the most engaging, but can come with great responsibility. Your role will focus predominantly on the management of company finances. That is a purposely general description because it is a position that covers a broad range of responsibilities. One day you might be coordinating with the founders and the business development advisors about the business model and the direction of the project. The next day you may be helping the founders explain to seed investors why you need capital to remain solvent. Then you may be tasked with investing the funds raised from the ICO into other cryptocurrencies to diversify the risk profile of the company finances. In the traditional market, finance jobs are very well remunerated. In the cryptocurrency space, you are of course rewarded based on your experience and contribution. However, the amount of responsibility you take, and your ability to be flexible and quick on your feet, can often command premium compensation. Business Development Blockchain business development professionals perform a variety of roles, typically structured around strategy and business ideas. Business development individuals will usually collaborate with every member of the team. Their contribution is not strictly defined by any kind of tangible work, such as writing code or producing graphic design, but rather by the idea of creating a general direction and manner in which the business can achieve its vision. They are responsible for structuring the company’s model, its roll-out plans and key objectives along the timeline. Often the founders of the company will be the ones to focus on Business Development because they have the strongest grasp of the magnitude and nuances of the project and its product. Business Development professionals also are often remunerated based on relevant experience, and their contribution to the project. Advisors Businesses that intend to launch new blockchain projects frequently seek guidance from more experienced advisors. These are people who can offer first-hand information, direction and contact with relevant parties. This kind of advice and ability to give you introductions can be crucial to the success of your project. The role of advisors cannot be easily overstated. The title may sound vague and ambiguous, because it is. But it is a role that covers a lot of very important areas. An ICO might have great financial wizards on its team. They might be incredibly talented at creating their unique product, ecosystem and solution. They have their Blockchain technical expert who can replicate and create the system on the Blockchain to anchor their project. But without effective marketing, without connections to investors, traditional companies, and governments, the whole project is dead in the water. Advisors play a crucial role. It is a role that should be appreciated, and used for all it is worth. In the Blockchain industry, we broadly define and divide advisors into two major categories, Portfolio Advisors and Domain Experts. Major Roles in the Blockchain Industry Portfolio Advisors : Would not contribute strategy or give serious feedback as much as help facilitate good personal interaction with the press and other key partners. A Portfolio Advisor can also be an invaluable conduit to explain things to investors or the press. The Advisor is a good person to explain team decisions in the event of both good and bad news. Crypto and Blockchain projects use advisors to improve their business reputation and industry image, and to make their ICO company appear more serious and professional than it would otherwise appear. As mentioned, the advisor does not necessarily do any actual work such as coding. The Portfolio Advisor is more of a figurehead and professional conduit for the ICO, with a wide range of advisory functions and roles. Compensation for the Portfolio Advisor is often directly proportional to the specific utility to the company or the size of the role. An advisor who brings in half of your ICO funding in pre-sale will of course demand a much larger fee than someone who simply connects you with a few partners who might possibly be useful sometime in the future. A good advisor can earn up to tens of thousands of dollar, or even more. On the other hand, Domain Experts provide the kind of input you would expect. They give practical and strategic direction to help the business be more successful and achieve its objectives in a timely fashion. These advisors can be expert in Cryptocurrency or expert in another related specialty. Typically, Domain Experts will already have significant exposure to the cryptocurrency industry, and a valuable understanding of how things operate. Although, due to the rapid growth in the industry, there are many new advisors and experts specifically brought in for a particular reason, so it may in fact be their first interaction with a Blockchain company. Domain Experts could have experience as diverse as healthcare, finance or gaming. Generally speaking, their contribution to the team will be focused solely within their area of expertise. As with Portfolio Advisors, Domain experts are compensated based on their experience and specific contribution to the project. But many ICOs will try to bring the two roles together. They will ask a well-known, highly-regarded Domain Expert to also appear on the website and help build the overall professionalism and reputation for their project, just like the Portfolio Advisor would do, as well as contribute their Domain Expert knowledge to the project. Technical Experts Did you know that there are certified blockchain experts (CBE)? The Blockchain Council is a certifying body that helps businesses, developers, and all interested individuals to become educated about the Blockchain industry. Technical Experts are specialists with in-depth knowledge and understanding of what the Blockchain is and how it can be utilized by businesses to maximize their potential. They are often the individuals who design the framework of the Blockchain solution, write the associated code, and debug as necessary. These experts are also able to certify other individuals in the Blockchain discipline of Distributed Ledger Technology from a vendor-neutral perspective. One of the most notable technical experts in the Blockchain network, is the well-known creator of Ethereum, Vitalik Buterin. Vitalik Buterin created Ethereum, and ETH, the world’s second most valuable, massively traded cryptocurrency. In 2011, the team founded the Bitcoin magazine which publishes information about the Blockchain technology. Exchanges While not a part of our original list of positions and functions, Exchanges perform a central role with every ICO and Blockchain solution. If you are an ICO company and want to facilitate a market for your token (you always do, your investors will demand it) then you need the exchanges to provide this service. Exchanges, as we have discussed before, provide the market, the liquidity and the compliance with the necessary regulation/KYC requirements. After the ICO fundraising has been completed, the company’s token/coin begins trading on an exchange. Working on an exchange is another important career option in crypto that should not be overlooked. Exchange professionals may not earn as much as some of the other positions, (unless they also own an equity stake in the exchange), but they are still well-compensated for their technical knowledge and the sensitive nature of their job. The Interaction of the Roles People in all of the positions and roles we are talking about will need to work together and communicate with each other at various times. To start and grow a company from an idea or vision, to a tangible thing, is quite a tricky feat. Sometimes the technical experts will need to sit down and explain something to the business developers. The marketers might need clarification how the underlying technology works. Similar to real-world business, something many of us already know from experience, the management structure of a company plays a large role in how people in different positions interact while performing their jobs. If the company is particularly hierarchical, management might insist on going through specific touchpoints when sharing information, thereby allowing management to add their own input. Other companies will be comfortable with marketers and technical developers just speaking amongst themselves to achieve the agreed upon end goals of the business. Cryptocurrency projects often tend to become a special collection of especially talented people from all over the world. Management takes on a somewhat different role in the cryptocurrency space. It is important when you start on a project to be clear about how you should communicate with other team members, the channels of communication and the expected manner of interaction too. Some teams prefer to keep things quite informal, sharing gifs and memes to each other, while others prefer conversation on company channels and a strictly professional style. Pre, During & Post ICO Business Roles Pre-ICO Launch This period is the same for all new companies. This is when the foundation of the business is formed. The idea is validated. Initial development begins, and the team is assembled to start building the company. For an ICO destined company, this period includes where the idea is placed upon the Blockchain, and the use case created. Ideally, the idea should require the Blockchain to function, or at the very least, require Blockchain technology as the most suitable option. One of the first things an investor should do when they look at your project, is evaluate the need for a Blockchain solution. That is exactly what you should do first too. Your team should thoroughly inspect all possible technology options to equip your business with the best framework or “backbone”. You should look to justify the positives and negatives of each framework before landing on the most suitable solution. For an ICO, this needs to be a Blockchain based solution. Pre-ICO Launch The next step is of course researching the competition. With so many ICOs recently it is important to consider who else is active in this space. Who has had or done the same idea before? How is your company different? Why should someone invest money in your company, in your idea, as opposed to the other available options? You should then identify the major challenges your business is going to face. The application of Blockchain technology is so wide and organic to a lot of industries, it’s important to fully analyze and develop your idea for the real world. Do not just assume the Blockchain is going to do anything you want and solve every problem for you. After identifying your needs and challenges, the next step is to look for information about Blockchain technology that does solve your specific problem. This is often a combination of a few different roles working together. Your business development, technical specialist, and marketer as well as perhaps your financial people should all be involved. All positions can and should conduct research, envision areas of opportunity, and predict associated challenges to be met. After doing their research, your team should be able to make an intelligent decision on the path to take. You should have a good sense of where that leaves you, from a business development standpoint, a technical standpoint, and a fund-raising standpoint as well. At this point, you will need to organize and arrange all of your business roles and services to suit the company’s direction from now on. You are also likely to need to bring new people onboard to continue to grow and progress down your chosen path. During the pre-ICO launch, a timeframe is set with company goals. One of the components of a pre-ICO launch is to design and launch your website, which serves as the point where investors go to obtain information about the project. Basically, the website will provide a link to the whitepaper, it will show the members of the team, and it will show the timeline of the project. The success of any pre-ICO launch depends on how well the project is able to pitch to investors about the necessity of the product and the use case of the Blockchain. All of this information is normally available on the project website, and it serves a dual purpose, the latter being a Marketing strategy. The website provides an extremely useful central point of focus for everyone. Your marketers can use the website to refer investors or potential team members. Your company can use your website in meetings with partners, advisors and regulators to demonstrate authenticity and professionalism. You have formed your team and your idea. You have made an operational website and a full series of marketing materials. You are ready to present your idea to the world. In the cryptocurrency world, this involves placing ICO announcements on websites specifically targeted toward cryptocurrency investors and professionals. Utilizing social media like LinkedIn and Medium will enable you to reach out to more people and increase participation and hype surrounding your pre-ICO launch. During the ICO, your project would have generated tokens which will be used in exchange for Bitcoins, etc. Creating a token virtually means producing an asset that your business needs to survive, an asset with which it can conduct transactions. Tokens can represent digital coins, loyalty points, gold certificates, IOU’s, in-game items. The majority of tokens should perhaps not be thought of as shares in a company, as in a traditional IPO, but rather as utility tokens with a value dependent upon and derived from the token’s utilization in the company solution. Some projects will begin to sell these tokens (usually a specified amount) during the pre-ICO period, typically in what is called a “pre-sale”. Pre-sale tokens are usually offered to team members, advisors, large investors, key partners, etc. as a way to both invest in the future of the company, and to reward the people involved. The pre-sale tokens are almost always offered at a discount, and come with a vesting schedule. A projects’ next step will then be contacting and building relationships with exchanges. As previously discussed, the cryptocurrency exchange provides the means through which people are able to buy and sell the project tokens on the open market. Recognition and acceptance by the largest and most reputable exchanges matters a lot. Being listed is an efficient way to raise funds, attract new investors, and incentivize your current investors. Many investors will require you to detail your plans for getting listed on an exchange before they even invest in the pre-sale. Investors will not see any value if there is no listing, no exchange, and therefore no liquidity for that token. During an ICO A comprehensive list of exchanges can be found on Best Bitcoin Exchange. Most tokens will also be listed on CoinMarketCap, which is essentially a stock ticker of token sales. Tokens are listed and ranked according to the success of their ICO project. When an ICO project begins to fail, or fall below target, its ranking on the list decreases and ends up at the bottom, or the token becomes delisted entirely. The actual process of listing a coin on an exchange varies significantly by the site. Most exchanges like Bittrex and Poloniex strictly forbid tokens that could be considered a security. Building hype during an ICO project is all about gaining popularity. With the large number of ICO projects coming up every day, you need an effective strategy to help your ICO project stand out. A strong Marketing & PR team should be focused on the main avenues of communication. Identifying avenues of Communication The first step is to identify the best social media channels to reach out to a large number of relevant audiences. Twitter and Facebook are most often used to advertise projects. Facebook offers various opportunities you would not want to neglect. Browse through different Facebook communities, as well as web resources like helpareporter.com, those frequented by experts, journalists, etc. in order to understand the message content they like to see and the information they think is important. Being in Touch with the Audience After you have identified your audience, maintain contact with them before the ICO, and throughout the entire process. Slack and Telegram are two extremely common ways to stay in touch with your investors and the community at large. You may also use forums like Bitcointalk and Reddit. It could be very wise to hire a specialist to engage in discussions about your project at this point. A forum debate is valuable interaction with the audience allowing you to get feedback from investors in the ICO and future users of your product. Create a Bounty Program A Bounty program is a strong and powerful means to build hype for the ICO project. It is an effective way to attract the attention of investors to your ICO; and a good rewards program to incentivize freelancers to promote your project out into their network. Rewarding users for signature campaigns on bitcointalk, email subscriptions or blog posts may be some of the best ways to broaden your investor audience. Investor Roadshows During this period of building hype for your ICO, you can identify and meet with potential investors in your project. This is a crucial step for your ICO and is incredibly important. This should in fact become top-priority for all of your team members. Investors will want to talk with every member of the team and ask very specific questions relevant to their domain of knowledge. The investors are thinking about their return. It is important to develop a profession level presentation. Clearly define expectations for the project. Illustrate your projections with good charts and visual aids supported by relevant independent analysis as much as possible. Be prepared. This information should be available to you at any time. You should always be ready to deliver a sophisticated presentation to potential investors. It is also smart to talk about other ways an investor will benefit from your project, other than the financial gains. You can think about it, and research for good ideas. At this stage, it is also important you already know what the hardcap of your coin will be, as well as its circulation. This amount should be fixed and specified before you launch your ICO. The coin distribution can never exceed this specified amount. There are three key attributes which investors assess before investing in an ICO. Circulating Supply This is the number of coins that have been freely floated and are available in the market. In some instances, projects could have all their tokens pre-mined, and released all at once through the ICO. The circulating supply will, therefore, be the same as the maximum supply. Other times, tokens have to be mined over time, or coins are released on a specified schedule. As discussed earlier, this strategy can help maintain the value of the coin. Total Supply This is the number of coins that actually exist, including the ones that are not in circulation. Why would coins exist but not be in circulation? It could be for a number of reasons. A team might have mined coins but held them back without putting them on the market. Team members, advisors and pre-sale investors are required to hold their portion of the ICO for a specified number of months to prevent coins being dumped at listing. The coins, therefore, exist, but are not yet in circulation. Maximum Supply This is also known as the hardcap. This number is of paramount importance because this is the maximum number of coins that will ever be created (Bitcoin’s hardcap is 21,000,000 tokens.). Not all cryptocurrencies have a hard cap. Ethereum, for example, has no maximum supply limit of Ether. Why is the hardcap important? There are two fundamental reasons to support an established hardcap. The first has to do with scarcity. Just like diamonds. They are not only valuable for their beauty and strength. They are also valuable precisely because they are scarce. The scarcer they are, the more valuable they become. It’s the same with cryptocurrencies, simple supply and demand. If there is a finite supply of a particular token, the value of the coin is likely to increase over time. This will in turn ensure the integrity and value of the underlying network. When the hardcap is extremely low, you won’t be able to obtain enough funds to develop and grow the network. On the other hand, if the network is flooded with tokens that don’t have a purpose because the hardcap is excessively high, the value of the coin will become diluted, causing a drop in the integrity and value of the network. The second reason the hardcap is important is closely connected to the project roadmap. For every amount raised, the startup should make sure there is an explicit and concise purpose for those funds. Basically, “if we raise so much, then this is the plan. If we raise more, than this is this plan, and this is how we will use the funds raised.” However, we’ve seen projects raising hundreds of millions of dollars with no set objective of what to do with all that money. There have been instances of startups setting a funding target of $20 million, but then they go on to raise over $200 million because they didn’t set a hardcap. That means there is no predetermined plan for the excess $180 million. Post ICO After the successful completion an ICO, it is time to kick-start the project. Immediately execute plans from the white paper and purchase lists. Move as quickly as possible to bring your company to life. Let’s take another look at an example of a successful ICO we have discussed before. Tezos The project was able to generate a total of $232million within three months of the ICO launch. The token created for the project was called ‘XTZ’ and the value for one XTZ was evaluated at: ICO Token Price: 1 XTZ = $0.47 XTZ token price max = $11.21 XTZ token price min = $1.76 XTZ token price to 07/01/2018 = $5.82 Returns since ICO (USD): +1,138% Tezos After the successful completion of the ICO launch, Tezos quickly activated their technology which is intended to compete with Ethereum, and simplify launches for new projects. Nevertheless, the project encountered a major setback. Two lawsuits were filed against Tezos claiming they violated both US Federal and State law. The Tezos tokens were qualified as securities. Therefore, by not registering them as securities, the company violated the securities laws. The project was also accused of fraud based on the premise that the tokens had been distributed under the pretense of being charitable contributions. Bancor The Bancor ICO project was aimed at introducing a convenient way to issue smart-tokens and convert them without a counterparty. After the ICO, the project made some good progress, launching its app in beta mode. Presently, the app has been fully developed such that it is able to convert 14 cryptocurrencies including ETH and BTN tokens. The ICO raised $153million from the sale of their tokens. The breakdown of the value of the token during ICO and after is shown below: ICO Token Price: 1 BNT = $3.92 • BNT token price max = $8.17 • BNT token price min = $1.52 • BNT token price 07/01/2018 = $8.17 Some projects, like Bancor, remain successful after their ICO; while some, like Tezos, fail. It is not enough to plan for an ICO project simply by investing in publicity and token sales. The team must continually try to keep up with and surpass the competition, and give more value to the investors. A basic way to add value is to increase the exchange rate or price of the token. Investors and team members earn greater returns, and the project always stays above breakeven. For a project token to increase in value, there has to be more demand for it in a free market, relative to a given supply. It is important to have a clear understanding of how your token will likely be received, traded and supported throughout each stage of the ICO process. In the Post-ICO stage, the financers and founders of the company will usually begin to manage and assess how best to support the token price. Here are some common strategies and ideas: Token Cap: The easiest way to support the token price is to reduce the number of tokens in circulation. Putting a cap on a token means placing a limit on the number of tokens that are available. As the supply of tokens is reduced, the demand for the token increases and the value of the token goes up. Token Buy Back: just as the name signifies, the team members can unanimously agree to buy up all or most of the company tokens that are still in circulation. When they have done that, they can either burn or destroy the tokens. The of course reduces the number of tokens in circulation and subsequently increases the value of the floating tokens. This kind of buy back can be taken as a continuous course of action, or be used as a one-time way to boost the token value. Token creation by Third Parties: Team members can also brainstorm for other ways to increase or restrict the supply of more tokens to the market. One way tokens are created is via mining. When a project makes mining the main way to increase the supply of tokens for their project, that is perceived as more difficult and restrictive, limiting the rate of increase in supply on the open market, therefore increasing the demand for that token. Token creation by the Project: A project can simply choose to create more tokens when necessary. For example, when the token value has become so high that the users do not use it anymore for the services offered. This action is not generally recommended. It not only burns earlier investors by diluting the value of their current holdings, but also bodes poorly for the future (you might just keep minting new coins). Generally, to increase the demand for a token, the services offered by the project can be made more valuable to the users. That will generate higher demand. The more investors make use of the services and pay with the project tokens, the higher the token value will be. Involvement in the Blockchain Industry After you have some ideas which role or position might be best for you, you can start to network and search for opportunities in the crypto ecosystem. It is not enough to be an accountant, an economist or a business development professional in the traditional world. You need to know about the Blockchain industry as well. Remember, in the Blockchain industry, your reputation is everything. You want a strong social media presence. A professional profile on LinkedIn. Published articles if you have them. When you start talking to projects, you want to have a solid understanding of who you are and what you can do in crypto and Blockchain. The best way to get experience and become a part of your first ICO project is either: Volunteering: gets you into the industry. At first, you might want to care less about what is in it for you, and just get your foot in the door. If possible, you can volunteer for a role in an ICO project you really want to work at. Direct Networking: is a loose term that simply means you contact projects and ask about what is going on. Many projects are run by very digitally savvy individuals. Just asking for a job opportunity is likely to leave you disappointed (unless they happen to actually be in need of your exact talents at that time! In which case asking for work is the smarted thing you could ever do). Try to be useful, become friends, or associates. Help a team member anyway you can and see if an opportunity arises from that. That’s not all! You can get better understanding of major roles in the blockchain Industry from ICO teams through to solidity developers. Follow the link to read our lesson on the topic: UBAI.co Contact me via Facebook to know more about Platinum services and the UBAI courses: Facebook
[first draft] [request for comment] Meet the Nekonauts! / Intro to Nyancoins
I'm eventually going to have a post based on this which will replace the current out-of-date and unwieldy central link post sticky. I'll link to the previous central link post from it at the end as well as make a new one with the latest updates. For now, this draft will just have a draft of the intro and the bios I've gotten so far from this request thread. Anyone who hasn't submitted a bio yet is always welcome to do so whether or not I thought to name you (and apologies if I did forget anyone) (and anyone who has already submitted can always submit a revised version if they like). Nyancoin is based on the nyancat meme. It is a "clonecoin", meaning that technically speaking it is based on Litecoin and has only relatively minor changes (1 minute block times, annual halving rate, and 337 million NYAN supply cap). It was created in January 2014 and for a few months was relatively popular. However, people lost interest over time (I still haven't yet dug through the archives so I really don't know what happened over that period). In January 2015, I was writing a series called "Coin-a-Day", and Nyancoin was going to be my example of a "deadcoin", since I'd seen it mocked before (specifically for this enthusiastic classic americanpegasus post) and called that. But when I went to go look into it further, I found the chain was actually still running, and it got me wondering about what it would take to bring a coin from the brink of extinction to being a powerhouse. So I decided to try and revive it. Since then, a number of new and returning Nekonauts (NYAN fans) have gotten involved and helped to breathe new life into the vision of a coin with the ineffable spirit of nyan. When I look at a cryptocurrency, there are three core areas I consider (and now I think about their space program, or lack thereof too, but that's an advanced topic): financial, technical, and community. The financial is the lagging indicator in my opinion: it's a scorecard on how well the coin has done so far, but it doesn't tell the future. The technical is interesting and important but I don't consider it the real foundation like many do. Instead, to me, the fundamental core of a cryptocurrency is its community. If its community is engaged and motivated and competent, I believe it can accomplish great things from a humble start. To that end, to introduce Nyancoins, let us introduce ourselves. Without further ado, here are the Nekonauts, in the order they initially submitted their bios: jwinterm: I am a materials scientist IRL. I have spent the last 10 years or so designing, fabricating, testing, and characterizing semiconductor devices. And mostly not boring old semiconductors like Si, I get to work on all kinds of weird and crazy stuff. I discovered Bitcoin back in 2010 or 2011, but like so many people probably played with it for an hour or two and then blew it off. I then kind of fell down the crypto rabbit hole in 2013, and began GPU mining all manner of alts and generally exploring the entire space. I'm now the proud owner of about 337 different types of cryptocurrencies. I also have two kids, two dogs, a wife, and a cat (in that order I think). So between family and work and doing other stuff like basketball and hiking, my time is sub-infinite, but there's always time to see how NYAN is proceeding to infinityandbeyond. KojoSlayer: I am a business owner, developer, entrepreneur, family man. I'm 27 years old, living with my girlfriend of 8 years. I'm a fully qualified Cisco network engineer through university degree. I created my first business when I was 19, that first business is a digital marketing agency where I am personally a fully qualified google partner which in turn makes my business a google partner. I am a self taught web developer I was taught basic HTML tables in a college course and gained a passion from there I developed my skills and now proficient in HTML,css and php. I've worked with some large and some small companies from national chains to small accountants. We as a business have managed over £10m in advertising spend to generate over 1m conversions for our customers. My other business is fairly new and is an online retailer, with my existing skill set I've always wanted to sell my own stock as that is what I do for my clients on a day to day basis. This is still very early in development and I've taken a high interest loan to fund this venture. I say I'm a family man as my family means the world to me, I lost my mother 6 years ago when I was 21 and ever since I treasure my family more than ever some I don't see as often as I'd like to but I hope they know how much I love them. I looked into cryptocurrency when bitcoin was in its infancy. I never had the equipment or spare money to invest or purchase any so never really got involved but loved the concept. I think I saw nyancoin in 2013 and saw a bounty for games relating to the coin. That's when I created Nyanminer as I was slightly addicted to incremental games at the time. This was my first taste of the coin when I was given a 10k tip (which was pretty huge at the time). bendover340: I am a graduate student at a top 10 accounting program in the US. Currently a Finance TA, but has worked at a Big 4 accounting firm ( and will return once I graduate), a technical accounting firm, and a nonprofit that teaches entrepreneurship in third world countries. Former contributor to bitcoin news site CoinBuzz. Runs own cryptocurrency blog btc+. I’ve written a few pieces on Nyancoin. Some of my other more recent articles are about my experiences using BTCpop and my failed attempt to investigate Hash Ocean. I also run my own business offering account services. I am working on streaming via twitch and some other projects. cryptognasher: On the personal side, I am 47 years old and happily married with 3 great kids. Life is a mixture of outdoor activities and technology endeavours. I love experiencing the technology advancements that are occurring on all fronts, while also enjoying life for its most basic pleasures. I have travelled the world through my career and the experiences I have had now shape my vision for the future. I have seen some of the best and worst that life has to offer the inhabitants of this planet. I have been many things over my career life (30+ years), with most of them being computer centric. At the time I became interested in the internet it was still a command prompt/ console interface. There was no WWW and connectivity was with a 9600-baud modem. In those early days I was also a gamer, and for me when Qtest was released it was a pivotal moment in that arena - LAN gaming was reborn and you could much easily play against anyone in the world. From this I started to run 24 hour LAN parties over the weekends. I have primarily a mechanical background, with a computer cross over and early in my career operated and programmed CAD/CAM with CNC and Robotics on multi-axis machines. The last 10 years or so I had worked with a company on big data storage for broadcast video primarily in television stations for post production, playout and archiving. A mixture of SAN and digital tape based storage along with a proprietary java software layer. I stepped away from that about 18 months or so to focus on family (birth of 3rd son) and also to spend more time developing my vision (for Reddcoin) The world of Bitcoin and cryptocurrency entered my life fairly early, around 2010 I think and at the time thought it to be an amazing concept, a little whimsical. I took a watch and see approach until 2013 where I took to mining various crypto but soon realised that I was not going to get anywhere with this approach. I came to realise the real kicker for crypto was the disruptive capabilities that this technology could create. I got involved with Reddcoin as a means to create some social disruption, and ultimately become the lead developer. My coding skills extend across c++, python and perl and i will throw my hand at html and general web programming also. My involvement with Nyancoin has been relatively light, and my original introduction was through some responses to coinaday postings and some nyan tips. However I see some common points shared between Nyancoin Dogecoin and Reddcoin and if I dare to imagine, I would like to see more collaboration (the early pieces of this are already forming). I love to be able to help others out, and lend a hand when possible. coinaday: I got into programming in high school after getting interested in computers because of video games. I went to the University of Minnesota and graduated with a BS in CS. I did some freelance website development, then worked for SGI on CXFS, a high performance file system. I did a bit of a working vacation in Colorado in fast food, and worked for a bit for a start-up on an enterprise secrets management program, then back to Colorado where I again did various fast food work including being a closing manager and most recently managed a gas station. Now I'm looking to get back into software development. I was vaguely aware of Bitcoin since college when roommates used the original Silk Road but I never bought any early on. Every now and then I'd hear about it again, and then at the start of 2014 I decided to start learning about altcoins. I wrote a brief series called coin-a-day for which I made this account and in the process learned about Nyancoins which was then abandoned and about $1000 in market cap or so. I decided to do a "living experiment" in coin revival: I would try to figure out how to take one of the weakest coins imaginable and turn it into a powerhouse. About two and a half years in, and I'm pretty proud of where we're at. We've got a small but tight-knit community with connections to the broader cryptocurrency world, our tech is running and our client has been updated, and our USD price is much improved with our BTC price varying widely but still significantly stronger than the very start (1-2 satoshi bids when I got in; been as high as about 60 satoshi since, now trading around 6-8 satoshi at time of writing, May 2017). I look forward to years and decades of playing with NYAN to come. I believe we have a good foundation and that we can be a positive example to the broader community as we slowly build in our own way. I emphasize technical simplicity, disinflationary supply, and working to build a strong store of value. TO INFINITY AND BEYOND!
02-18 02:03 - 'Don't Invest In Bitcoin Without This Knowledge' (self.Bitcoin) by /u/KayzHoldings removed from /r/Bitcoin within 2-12min
''' Invest in Bitcoin 2018!!!! Bitcoin is the world’s first digital currency and continues to grow as people discover their potential for a digital peer-to-peer payment system. Bitcoin White Paper, Bitcoin: a point-to-point electronic payment system, was published in 2008 by Satoshi Nakamoto. Bitcoin is revolutionizing the global payments industry of $ 1.8 billion, and people around the world are reconsidering the importance of their money. In addition, the underlying technology and the network that handles bitcoin transactions, called blockchain, transform industries as diverse as banking, agriculture, logistics, health, elections and manufacturing, to name just a few. only a few. All this is possible thanks to the innovative work of Satoshi Nakamoto from 2008, which describes what Bitcoin is and how it works. Now there are many projects with the word “Bitcoin” in it. The real Bitcoin fits best with the original Bitcoin vision, as shown in the technical document. a. Introduction The founder of Bitcoin, Satoshi Nakamoto, explains the dependence of the Internet on reliable third parties, such as banks and credit card companies, to process electronic payments. The traditional method can work for most transactions, but problems arise when financial institutions facilitate the purchase and sale of products over the Internet. This Why Rich Smart Investors Are Investing In Bitcoin WHY SMART RICH INVESTORS ARE INVESTING IN BITCOIN? Here are some of the weaknesses of traditional electronic payments with third parties: 1.Transactions can be reversed because banks must arbitrate inevitable disputes. Think about the conflicts that are regularly shared between merchants, consumers and other parties, such as: As payment processors, PayPal or the tax authorities, they are carried out. 2.Bank intervention (ie, mediation) increases transaction costs and also limits the minimum size of the practical transaction. The reversibility of transactions becomes a problem when a provider has provided non-reversible services. Consumers often buy cheap items on the Internet, for example. For example, $ 5 key chains and $ 10 glasses. However, bank participation is very expensive and these costs are transferred to consumers through transaction fees and other fees. Consider all mediation and litigation costs accrued in a given year, and you may find that transaction costs can be significant. When a provider completes a service, he must receive a fair payment. However, the current system may reverse transactions, which may not be paying to a service provider. 3.The ability to reverse a transaction is suspended above all. And this requires that people from a third party, such as banks, trust in resolving payment disputes. Many merchants and consumers do not want to trust a financial institution. They are expensive; it may not be reliable; they are often pirated; and often gives too much information to the government without informing the affected party. All this also creates confidentiality problems. In this section, Nakamoto describes the limitations of the traditional payment system and educates the public about its solutions. 4.The system accepts a certain percentage of fraud as inevitable. However, fraud increases the cost of doing business. Nakamoto offers an electronic payment system based on cryptographic evidence instead of trust. Cryptography involves the use of codes and protocols to establish secure communication. Such a system would allow two parties to trade directly with each other. The new method, Bitcoin, offers the following features: 1.Peer-to-peer payments in an online network. 2.The elimination of third parties and the replacement of trust through verification. 3.The transactions would be irreversible and Nakamoto argued that the irreversibility would protect the seller against fraud. Escrow mechanisms can be implemented to protect buyers. 4.A point-to-point Distributed Time Stamp server would generate mathematical proof of the chronological order of the transactions. The system is safe, provided honest participants collectively control more processing power as an attacker / hacker. Bitcoin has more value than any paper currency. BETTER VALUE THAN YOU DOLLARS? Nakamoto believes that it is better to check transactions rather than using external third parties, especially when it is an activity as important as money. The irreversibility of transactions gives the certainty that the payment system is globally sound. Second, irreversibility minimizes fraud, he argues. The remote computers would test the exact order of these irreversible transactions, thus creating the trust of the user that the records in the electronic audit trail, the blockchain, are valid and accurate. b. Transactions In this section, Nakamoto’s description of the electronic transaction process, that is, the chain of blocks, becomes technical. In simple terms, it defines an electronic “currency” as a chain of digital signatures. The owners digitally sign a hash of the previous transaction and add the public key of the next owner to the end of the coin. A recipient of the currency, a beneficiary, can verify the signatures to verify the chain of ownership. Bitcoin does not exist anywhere, at least not in the traditional sense of physical cash. Rather, Nakamoto’s concept of an electronic “currency” is a chronological series of verified digital signatures. As an example, think of Nakamoto’s virtual currency as a UPS or FedEx package that signs on your front door before sending it to a redirect address. The difference is that a ledger available to the public is directly in the delivery note, showing the complete history of all previous shipments of the same package. The information includes all the addresses of origin, as well as the timestamps that indicate exactly where and when exactly each delivery was made. Such a thorough audit trail would provide assurance to both the receiver and the entire network that the delivery / transaction chain is accurate and secure. However, Nakamoto reports a possible double payment problem. A recipient / recipient can not verify that the owner of a currency has not sent the same currency to other recipients / recipients, which is known as a duplicate problem. For example, John owns only one Bitcoin, but he sends a coin to two different operators each, that is, two bitcoins paid with a single original currency. To solve the double issue problem without relying on a third party, Nakamoto says that all transactions must be made public. Secondly, all participants in the payment system must follow the same schedule, so that everyone accepts a single history of the order in which the transactions are received. A chronology and a public record of all transactions prevent duplication because subsequent transactions are considered as invalid or potentially fraudulent payments of the same currency. Each piece has a unique timestamp and the previous transaction is accepted as a legitimate payment. One room, one payment. Sending the same coin to a second dealer, as in the previous example, would indicate a different timestamp that occurred later in the timeline. And that would invalidate the second payment / transaction. c. Timestamp Server A time stamp server hashes a block of items and publicly announces the hash. The timestamp shows the existence of the data at this time. Each timestamp contains the previous timestamp in its hash. And each additional time stamp reinforces the precedents. This sequence forms a chain. Here we see the emerging structure of Blockchain. Timestamps are the key to avoiding duplication and fraud. It would be almost impossible to send duplicate parts because each part contains chronologically different timestamps. Think of the analogy of a UPS / FedEx package. Each delivery would have a unique timestamp on the delivery note, which would mark the exact time of each delivery in the general ledger. The size of the Bitcoin file in bytes increases as the transaction history grows. And larger files result in longer processing times. Transaction processing (or data mining) consistently requires more processor power to verify transactions as the size of digital records increases. Continuing our example, the delivery note in the same UPS / FedEx package is increasing steadily, as more and more shipments contain more records of all shipments made. BITCOIN SCAM REVIEW BITCOIN SCAM REVIEW d. Proof-of-Work Nakamoto indicates that the work test is used to implement a point-to-point distributed time stamp network (mentioned above). The process parses a value that, if it is a hash, yields a numeric expression. The timestamping network must tune this value to the hash of a block. The performance of the processor is necessary to perform the test of the work, and the blocking can not be changed without repeating the work. The following blocks are chained behind him, and to change the block he would have to repeat all the blocks after him. The language can be technical, but the concept is simple. The job test protects the block chain. Nakamoto says that a hash created by a timestamp server receives a unique number, which is then used to identify the hash in the blockchain. This unique number is a mathematical puzzle that a computer must solve before a transaction can take place. Once a correct answer has been given, this serves as proof that the specified work has been performed. When someone sends an electronic piece, it has to take the unique number of a hash and solve an inherent mathematical puzzle. The response is then sent to the recipient to verify that the solution is correct, an important validation step. If the answer is correct, the payment / transaction is executed and added to the length of the block chain. Otherwise, the proposed transaction will be rejected. The work test provides one vote per CPU, not per IP address. Otherwise, an attacker could assign multiple IP addresses when attempting to hack the network. Second, the longer block chain serves as proof that the CPUs have invested most of their work in this longest chain. This process secures the block chain by forcing potential attackers to repeat the work of the block and all the blocks that follow it (that is, solve all those mathematical puzzles) and to overcome the work of all honest computers on the network. Nakamoto says it would be an extremely difficult task for an attacker to do just that, and the likelihood of success exponentially reduces the number of blocks added to a chain. How does the job chain protect the blockchain? In simple terms, the honest processors in the network solve the mathematical problem of every hash. When these puzzles are solved, these blocks are grouped in a chronologically ordered chain. So, the term Blockchain. This confirms to the entire system that all required “math homework” has been completed. An attacker should repeat all the completed puzzles and then overcome the work of honest processors to create a longer chain, an achievement that would be extremely unlikely, if not impossible. This sequence makes Bitcoin transactions irreversible. Nakamoto points out that honest network nodes should collectively have more CPU power than an attacker. e. Network Nakamoto describes the steps to run the peer-to-peer network: New transactions are transferred to all nodes / computers on the network. Each node collects new transactions in a block. Each node works to find a hard work test for its block. When a node finds a job test, it passes the block to all nodes. Nodes accept the block only if all transactions contained in it are valid and not issued. Nodes indicate their acceptance of the block when creating the next block in the block string, where the hash of the accepted block is used as the previous hash. As mentioned in the previous sections, the nodes always consider that the longest chain is the correct one and they are working to extend it. This section shows why it is important to announce transactions to all nodes. It is the basis for verifying the validity of each transaction and for each block in the block chain. As mentioned above, each node solves a work test conundrum, always recognizing the longest string as the correct version. Over time, the block chain record expands and gives the entire network its validity. Reggal Assets LEGIT PRECIOUS METAL COMPANY. OVER $50bn. INVEST INTO BITCOIN TODAY. f. Incentive The first transaction in a block is a special transaction that starts a new currency owned by the creator of the block. This leads to two things. First, creating a new currency rewards nodes / computers to be compatible with the network. Second, it is a way of getting new currencies into circulation first, as there is no central authority to issue them. The new currency reward nodes, also known as Bitcoin miners, spend their time, CPU, and power to enable the network. You can also be rewarded with transaction fees. Nakamoto provides a limited number of coins for circulation, in which case miners can only be incentivized by transaction fees without inflation. The new coins also encourage knots to play by the rules and stay honest. An attacker should spend a ton of resources to threaten the system, and being rewarded with currency and transaction fees is designed to prevent such fraud. Gold mining requires labor, water and equipment and is similar to bitcoin mining. Electronic currency miners handle transactions, rewarding them with new bitcoins and / or transaction fees. Since a maximum of 21 million bitcoins are extracted, the system can be free of inflation. Therefore, Bitcoin can serve as a memory of lasting value, much like gold. Compare that to fiat currency, like the dollar. Due to inflation, the dollar has depreciated almost 97% since 1913. The Bitcoin Incentive Program is a mechanism that protects the electronic point-to-point payment system. New Bitcoin spending and transaction fees keep the nodes honest. Because it would not be worth to attack the system that is the basis of your wealth. As the saying goes, do not bite the hand that feeds you. g. Reclaiming Disk Space To save storage space, Nakamoto says that nodes can delete data from old transactions, only the root of the rejected transaction is stored in the block’s hash. This allows the chain of blocks to remain intact, but with less data from old transactions. Briefly describe a data compression process. But with Moore’s law, Nakamoto says the future capacity of the hardware should be sufficient to operate the network without miners having to worry about storage space. h. Simplified Payment Verification In this section, Nakamoto provides a technical explanation for verifying payments without having to run a full network node. To do this, you must retrieve the longest test string and see if the network has accepted it. Verification is reliable as long as honest nodes control the network. However, an attacker can create fraudulent transactions while an attacker can dominate the network. A defense against an attack is that the nodes of the network issue alerts when they detect an invalid block. This alert can cause the user to download the entire block, as well as transactions that are alerted to confirm inconsistencies. Nakamoto adds that companies that frequently receive payments may consider operating their own nodes for more independent security and faster verification. BILL GATES SPEAKS ON BITCOIN LISTEN TO WHAT THE RICHEST PEOPLE IN THE WORLD HAVE TO SAY ABOUT BITCOIN. There are Blockchain protocols that are not Bitcoin that big companies use outside the financial world. For example, a company may create an invite-only log that selects certain subscribers to join a private network of nodes. In fact, there are several ways to set up a blockchain network that follows a different set of rules for verification. Nakamoto describes one way to do this for a point-to-point payment system, but says companies want to tailor their processes to their specific situation. i. Combining and Splitting Value The combination of transaction amounts leads to more efficient transfers and not to a separate transaction for every cent involved. In other words, it would be simpler and more efficient to send three bitcoins in a single transaction instead of creating three transactions of one bitcoin each, provided that the parts are sent to the same recipient. To divide or combine transaction values (quantities), transactions can contain multiple inputs and outputs. There may be individual or multiple entries. But there can only be a maximum of two problems: one for payment and one that returns the change, if applicable, to the sender. This process allows payments with certain amounts. A sender can send a Bitcoin payment to another party and retrieve it if necessary. j. Privacy Traditional payments give users privacy when banks limit the information to the parties involved and to third parties. Confidentiality can be achieved with the peer-to-peer network even when the transactions are announced. This is achieved by storing anonymous public keys. The network can see and receive payment amounts, but transactions are not tied to identities. In addition, Nakamoto suggests using a new private key for each transaction to prevent payments from being tied to a common owner. To maintain confidentiality, Nakamoto explains that it is important for public keys to retain the identity of the anonymous user. While everyone can see the transactions, no identifiable information is distributed. k. Calculations It is very unlikely that an attacker will create an alternative channel faster than an honest chain. The nodes do not accept an invalid transaction or blocks that contain them. In addition, an attacker is limited in what he can do: he can only try to change one of his own transactions to obtain the coins he spent last. The probability that an attacker succeeds decreases exponentially as more valid blocks are added to the chain. Nakamoto says that an attacker should be lucky early to have a remote opportunity. In addition, a recipient creates a new public key and delivers it to a sender just before signing it. This makes it difficult for an attacker to execute a fraudulent transaction through a parallel chain. An honest knot is more likely to find a block faster than an attacker. It would be extremely difficult for an attacker to solve several riddles faster than other honest nodes. Every 10 minutes, the new riddles are solved by means of nodes in the network. l. Conclusion The electronic payments peer-to-peer system is based on a distributed network of honest nodes to validate transactions. Validation replaces the need to rely on expensive third parties such as banks. E-currencies consist of digital signatures and the functional test that makes up the block chain avoids double issues. The system remains secure, as honest nodes control more CPU power than an attacker. In addition, nodes accept longer blocks than valid and are working to extend them. This log rejects invalid blocks and possible scams in this process. Rules and incentives can be applied with a voting system. In the last section, Nakamoto says that “the network is robust in its unstructured simplicity.” Yes of course! Next Steps. 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r/Bitcoin: A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money … Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts. r/Bitcoin. log in sign up. User account menu. 0. How can I use my computer for BTC mining? Close. 0. Posted by. u/ThePhoenix14. 5 years ago. Archived. How can ... These are three things your average computing equipment lack. The reality is that the specific hardware that’s necessary for mining bitcoin long term can’t be found in your average PC. So, while you can easily use your regular computer for mining, it cannot mine those coins for as long as necessary or without consuming too much energy. Huge ... Bitcoin Mining Hardware Guide The best Bitcoin mining hardware has evolved dramatically since 2009. At first, miners used their central processing unit (CPU) to mine, but soon this wasn't fast enough and it bogged down the system resources of the host computer. Miners quickly moved on to using the graphical processing unit (GPU) in computer graphics cards because they were able to hash data 50 ... Reddit is a network of communities based on people's interests. Find communities you're interested in, and become part of an online community! The Bitcoin price and the total network hash rate. The Bitcoin network hash rate is growing at a rate of 0.4527678% per day. This means if you buy 50 TH/s of mining hardware your total share of the network will go DOWN every day compared to the total network hash rate. Our calculator assumes the 0.4527678% daily increase in network hash rate that has been the average daily increase over the ...
How to mine $1,000,000 of Bitcoin using just a laptop ...
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