Bitcoin Mining Pools mit neuem Player – Binance startet ...

Subreddit Aggregate, Trading Resource, and Central Hub of the Crypto Community on Reddit

Subreddit Aggregate, Trading Resource, and Central Hub of the Crypto Community on Reddit focused around cryptocurrency trading.

BCHN vs ABC in numbers : there's a clear winner.

I've breakdown the data in Four sets : pool support, companies/organisations support, infrastructure, futures price. I’ll update the data based on your comments - as I probably forgot some key players - so it is the most accurate !
Pools signaling BCHN : : :
Binance :
Huobi :
P2Pool :
Hashpipe :
Easy2mine :
Viabtc* :
Okex :
Pools signaling ABC :
Viabtc* :
Conclusion :
BCHN hash signaled : Around 64%
ABC hash signaled : Around 5%
Hash unsignaled : Around 31% (mainly Jihan Wu with Antpool & pools)
*ViaBTC said they were going to support the 2 implementations and once asked to clarify, stated that ABC would be the default implementation for the miners in their pool (I divided the hashrate by 2 regarding Viabtc to obtain the hash signaled numbers).
Companies/organisations signaling BCHN :
All other node implementations : BU, BCHD, Bitcoin Verde, Knuth :
Readcash :
Membercash :
Mainnet : :
SLP foundation :
Coinex** :
Lazyfox :
Companies/organisations signaling ABC :
Coinex** :
**Haipo Yang stated that he would support both coins.
Conclusion :
BCHN : More than 10 companies/organisations
ABC : 1 company
fulcrum (electrum server that electron and others depend on)
electrs (electrum server that electron and others depend on)
crescent wallet
all electrum servers for electron
cash accounts infrastructure
infrastructure run by im_uname
slp infrastructure
General Protocols' BCH Price Oracle, smart contract redemption services
Electrum Cash
HonkHonk :
BCHN : 288$
ABC : 29$
submitted by verdun2003 to btc [link] [comments]

Round up of Cryptocurrency News #10 Week 28/09 - 4/10

Hello and sorry all its been about a month since serious post. So what has happened this week? 1. Kucoin exchange was hacked for over $150 Million in Bitcoin. Bitfinex and Tether freezes $33 Million of stolen funds. Over this past week we have seen many cryptocurrencies on the exchange be released from the freeze. However, users are still waiting on the main cryptos to be released as KuCoin is working on their security of their platform to make sure it does not happen again. The hacker itself tried to dump his tokens over Binance... Good try lol (HOLY MOLY) 2. Bitcoin outperforms Gold, Nasdaq, 10 year treasury and S&P 500. not surprising at all for us but still very interesting, Bitcoin is up 48% since the start of the year. It appears more people are becoming interested in cryptocurrency as Bitcoin continues to be the best performing asset not just in the past 10 years but of all time. On a more personal note, I was at a small gathering today (within covid restrictions) and I was just saying how i was really interested in cryptocurrency. For the first time ever everyone around me was really interested in what it was and how it worked also talked to a lot of my stock market friends and almost all have pulled out or thinking of pulling out. related: 3. CBDC news - US federal reserve is actively working on the a digital dollar. From a previous post we know that the European Union is working on a Digital Euro and China is working on their own digital dollar. For me this is a bit of a worrying issue and seems like an upgrade for their own outdated systems completely removing the idea of decentralisation. In addition to this, I find it interesting that in Australia all cryptocurrency tax laws were written in late 2017/2018 and continues to be adapted. In Russia their are harsh penalties for unreported cryptocurrency holdings. In my controversial view I think the technology of blockchain can actually be used to recreate and rewrite a much better future through its innate abilities. we can avoid things like this: 4. Highlights on cryptojacking - if you dont know what this is it is when a script or code runs on a computer to mine cryptocurrency using your computer resources. You can block these using other programs or scripts and being safe over the internet. 5. World economic forum names XRP as crypto asset most relevant in central bank digital currency space. Many partnerships in the space plus flare coming later. i definitely have a love hate relationship with XRP. 6. 7. 8. 9. 10. 11. 12. Atari also partners with Cryptocurrency project ULTRA. Don't sleep on NFT projects, they may be a niche but they help with organisation, collectability and simplifies processes. 13. 14. 15. 16. 17. 18. Bitmex news: well this happened. 19. Contract to break monero privacy: 20. 21. 22. 23. 24.
Here is a small cross post for price movement:
Seems like everyone is bullish on bitcoin and leading crypto projects to make big gains over the next year, sooner rather than later. Bitcoin also holds above $10.5K with over 1Million wallets. Bitcoin interest is gaining throughout the world as many parts are hit by economic crisis.
Ethereum 2.0 roadmap updated, plans to exponentially increase scalability! VERY BULLISH.
submitted by IOTAbesomewhere to Gravychain [link] [comments]

Why Ethereum Problems Make UMI the Flagship Among the New Generation Cryptocurrencies

Why Ethereum Problems Make UMI the Flagship Among the New Generation Cryptocurrencies
Ethereum cryptocurrency that comes second in terms of capitalization on the crypto market is traditionally seen as fast and profitable. However, over the last few weeks it's had a rough patch. Since early August, the network has had huge queues of transactions pending processing while fees have skyrocketed and surpassed the historical high.
The main issue though is that even fees of a few dollars per transfer don't help get rid of the“traffic jams”. The cause of this is numerous DeFi projects and a huge number of financial pyramids based on the Ethereum platform. Both generate excessive load on the network.
The situation is downright unpleasant, and our users might question whether the UMI network could face a similar challenge? We'd like to assure you it could not. The UMI network is by default protected against these problems — it cannot have “traffic jams”, fees or financial pyramids. But first things first.
How has the Ethereum network ground to a halt?
In its report dated August 4, Arcane Research that provides analysis within the field of cryptocurrency stated that over the previous week the daily size of transaction fees in the Ethereum network has surged up to a record high for over two and a half years. On August 3, the median value #%D0%9F%D1%80%D0%B8%D0%BC%D0%B5%D1%80_%D0%B8%D1%81%D0%BF%D0%BE%D0%BB%D1%8C%D0%B7%D0%BE%D0%B2%D0%B0%D0%BD%D0%B8%D1%8F)of the fee amounted to $0.82, with the overall amount of transaction fees totaling $2 mln. However, it only signaled the start of real problems.
Over the next week, fees continued to grow and by August 11 the median fee value almost doubled equaling $1.57. Larry Cermak, an expert at a big analytical and news-making crypto portal The Block, wrote in his August 15 tweet that over a week the total amount of transaction fees in the Ethereum network totaled $34.5 mln, having surpassed its historical high. Meanwhile, in the Bitcoin network that is seen as too expensive the fees were almost four times lower at $9 mln.
The total fee amount paid by cryptocurrency users over a week:
  • Ethereum — $34.5 mln;
  • Bitcoin — $9 mln;
  • Monero — $2,240;
  • Tezos — $1,876;
  • Cardano — $1,615;
  • XRP — $1,138;
  • BSV — $1,102;
  • Stellar — $1,059;
  • Bitcoin Cash — $1,027;
  • UMI — $0. Let's talk about it a little later.
Historical Growth Chart for Ethereum Fees. Source
The existing situation shows that Ethereum is actually not as fast and profitable as commonly cited. Additionally, this could happen to almost any cryptocurrency except UMI that charges no fees whatsoever. We will tell you why.
Why have these problems emerged?
There is nothing unoriginal: the Ethereum network simply can't handle an increased load. Arcane Research analysts consider that a principal cause of this situation is the constantly increasing number of the DeFi ecosystem projects built on the Ethereum blockchain. Their number is growing all the time which causes the overload of the network. As of August 12, the total amount of funds in DeFi applications reached $4.3 billion which is 19.5% higher than that in the past week. At the time of writing this article, the amount surged to $6.21 billion. You can see the current data here. What is the most unpleasant about DeFi protocols is that a lot of them are scam projects.
Which is not the worst part though. There is also another factor that significantly slows down the Ethereum network. There are a lot of pyramid-like projects that are built on the EOS platform and use smart contracts. One of them is SmartWay Forsage, which regularly overloads the network with a large number of transactions, causes traffic jams, and, consequently, leads to increased fees (keep in mind that Ethereum miners choose transactions with a higher commission). Vitalik Buterin, the co-founder of Ethereum, revealed his disapproval of the SmartWay Forsage methodology and asked them to "leave and not pollute Ethereum ecology in the future". However, the project is slow to do this — it continues to deceive users.
This is only the tip of the iceberg of scam projects which abounds on the EOS network –– they continually emerge, work for a while, then go down as scams and are replaced with new ones. This never-ending stream of "investment projects" based on the Ponzi scheme overloads the system. This is the reason why Adam Back, a pioneer of the crypto industry and founder of the technology company Blockstream, equated Ethereum with such infamous projects as Onecoin and Bitconnect. Adam Back's solid dig at Ethereum became the subject of much debate among crypto enthusiasts.
Of course, it all doesn't mean that Ethereum is a bad cryptocurrency. On the contrary, it has a lot of advantages over other coins. But all that has happened exposes Ethereum's faults which must be eliminated. The problem is that they may not be fixable. It is far from certain that the developers will be able to get rid of all the defects as the system has huge scalability problems.
The crypto community has to admit that Ethereum, like other first-generation cryptocurrencies, has issues with capacity, fees, and scalability and is gradually becoming obsolete.
2020 is the time for young innovative cryptocurrencies such as UMI.
UMI is the flagship of new-generation cryptocurrencies.
In real fact, any cryptocurrency could face it. Each cryptocurrency charges fees which typically surge when the network is overloaded or the price is going up. Everyone will remember 2017 when in line with price growth and the network's overload Bitcoin transaction fee reached a high of around $40.
But when it comes to UMI, it works the other way round. The UMI network's advantages are high capacity, no fees, and scaling possibilities. It uses the best and fastest crypto industry solutions and excludes all inefficient methods by default. Smart optimization in combination with the Proof-of-Authority technology operating on the master node basis enables almost instant payments.
At the stage of network testing, an incredibly high capacity was achieved:
  • up to 4,369 transactions per second;
  • up to 262,140 transactions per minute;
  • up to 15,728,400 transactions per hour;
  • up to 377,481,600 transactions per day.
Ethereum processes about 20 transactions per second. It means that the UMI network can process transactions that Ethereum processes over a year in 1 to 5 days — and with no fees.
The UMI network can process transactions that Ethereum processes over a year in a few days and with no fees. More details
What is more important is that less than 0.001% of the network's overall potential is used now. The UMI network has a lot of reserve capacity and can handle hundreds of thousands of times heavier load. Moreover, with scaling possibilities, UMI can keep up with the times. The UMI code ensures the safe introduction of any upgrades — the network can be easily modified and scaled with cutting edge technology solutions. In other words, traffic jams will never pose a problem for us. UMI will instantly process all transactions, with no fees. Always.
A real-time speedometer displays the number of transactions processed by the UMI network per second. Link
Additionally, unlike Ethereum and other cryptocurrencies, the UMI's staking smart contract prevents possibilities of any pyramid schemes, meaning eliminates their negative influence. Our staking is completely safe and secured against scammers. Read more about this in our article. Any UMI staking structure could work forever. In other words, you can multiply your coins at a rate of up to 40% per month for an indefinitely long period of time.
UMI doesn't inherit the disadvantages of the first-generation cryptocurrencies. This is an innovative, carefully designed network based on state-of-the-art technologies. UMI is an ambitious step toward the future. And we're making it together right now!
Sincerely yours, UMI team
submitted by UMITop to u/UMITop [link] [comments]

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

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

Detailed crypto background check on u/stosonia

Of u/stosonia's last 1076 posts (998 submissions + 78 comments), I found 332 in cryptocurrency-related subreddits. This all the data I found:
Subreddit No. of comments Avg. comment sentiment Total comment karma No. of posts Avg. post sentiment Total post karma
algotrading 0 0 0 1 -0.5 (very negative) 0
altcoin_news 2 0.48 (quite positive) 2 3 0.0 2
ArkEcosystem 0 0 0 1 0.44 (quite positive) 9
BATProject 2 0.98 (very positive) 1 9 0.1 196
binance 0 0 0 4 0.12 19
Bitcoin 0 0 0 1 0.5 (very positive) 1
bitcoin_uncensored 0 0 0 1 0.0 4
Bitcoincash 0 0 0 6 0.27 (quite positive) 40
BitcoinDayTrade 0 0 0 1 -0.17 1
btc 0 0 0 7 0.14 9
cardano 2 0.47 (quite positive) 3 7 0.24 77
Changelly 0 0 0 2 0.38 (quite positive) 6
Crypto_Currency_News 0 0 0 6 0.17 6
Crypto_General 0 0 0 9 0.03 8
CryptoCurrencies 0 0 0 29 0.13 35
CryptoMarkets 0 0 0 3 0.08 3
dashpay 0 0 0 7 0.27 (quite positive) 6
DashUncensored 0 0 0 2 0.09 7
Datacoin 0 0 0 1 0.08 1
decred 0 0 0 3 0.0 0
Digibyte 0 0 0 3 0.0 21
dogecoin 0 0 0 2 0.0 12
dogeducation 1 0.44 (quite positive) 2 1 0.0 2
DogeNews 0 0 0 1 0.0 1
Electroneum 0 0 0 1 0.0 1
EnjinCoin 0 0 0 3 0.0 21
ethereum 0 0 0 20 0.16 50
EthereumClassic 0 0 0 1 0.17 4
EtherMining 0 0 0 1 0.2 1
ethtrader 0 0 0 27 0.15 107
factom 0 0 0 1 0.0 16
gpumining 0 0 0 2 0.3 (quite positive) 0
helloicon 0 0 0 1 0.4 (quite positive) 34
icon 0 0 0 5 0.17 38
Iota 3 0.71 (very positive) 6 8 0.14 217
IOTAmarkets 0 0 0 5 0.2 37
Lisk 1 0.5 (very positive) 3 3 0.0 23
litecoin 0 0 0 5 0.27 (quite positive) 78
LitecoinMarkets 0 0 0 5 0.18 28
Monero 0 0 0 6 0.06 47
nem 0 0 0 2 0.34 (quite positive) 6
NEO 0 0 0 4 0.14 51
Neotrader 0 0 0 2 0.0 10
omise_go 2 0.62 (very positive) 2 3 0.0 0
Rad_Decentralization 1 0.5 (very positive) 1 3 0.17 65
RequestNetwork 0 0 0 1 0.14 0
Ripple 0 0 0 3 0.0 3
siacoin 1 0.71 (very positive) 1 1 0.0 70
SpellsOfGenesis 0 0 0 1 1.0 (very positive) 1
Stellar 0 0 0 5 0.26 (quite positive) 5
Stratis 0 0 0 1 0.1 4
tezos 0 0 0 23 0.08 143
Tronix 0 0 0 9 0.09 8
Vechain 0 0 0 3 -0.14 41
xmrtrader 1 0.0 1 6 0.05 12
zec 0 0 0 6 0.05 42
CryptoCurrency 0 0 0 6 0.12 4
eos 0 0 0 9 0.21 17
BitcoinDiscussion 0 0 0 1 0.0 1
MakerDAO 0 0 0 2 0.0 1
LINKTrader 1 0.0 4 7 0.04 7
siatrader 1 1.0 (very positive) 3 3 0.13 12
ethstaker 2 0.25 2 1 0.2 4
defi 0 0 0 6 0.07 34
submitted by cryptochecker to cryptochecker [link] [comments]

Detailed crypto background check on u/CastrosBallsack

Of u/CastrosBallsack's last 1150 posts (150 submissions + 1000 comments), I found 162 in cryptocurrency-related subreddits. This all the data I found:
Subreddit No. of comments Avg. comment sentiment Total comment karma No. of posts Avg. post sentiment Total post karma
Amd 0 0 0 6 0.23 685
binance 1 0.0 -1 1 0.0 12
Bitcoin 7 -0.04 61 0 0 0
btc 57 0.02 48 0 0 0
dogecoin 21 0.48 (quite positive) 64 1 0.0 27
ethereum 0 0 0 1 0.0 1
EtherMining 1 0.05 2 2 0.0 7
gpumining 14 0.16 26 1 0.0 13
litecoin 1 0.0 1 1 0.48 (quite positive) 88
RaiBlocks 0 0 0 1 0.28 (quite positive) 83
zec 3 0.08 0 2 0.17 29
CryptoCurrency 13 0.17 240 4 0.24 255
ZClassic 9 0.03 22 1 0.0 5
nanocurrency 12 0.44 (quite positive) 62 2 0.0 53
submitted by cryptochecker to cryptochecker [link] [comments]

30+ Reasons Why Cryptocurrencies Are Worthless

1)It is possible to change the code through a miner vote or a fork and change the total supply or anything. DASH did it : they reduced the total supply from 84M to 18.9M a few years ago. They could also increase it to 999 Trillions if they wanted to so that millions of DASH are mined every week.

2)You can also fork bitcoin anytime , start over from 0 and claim it's the real bitcoin. (BCH , BSV , BTG , LTC , BCD etc)

3)Why would you pay $10,000 for a digital collectible unit called BTC when you can use BCH or TRX or LTC .. you name it. They work just as fine and cost less. There is no rarity like in gold.

4)Think of any amount you hold in ethereum as a gift card to use smart contracts on the ETH blockchain. Ridiculous. You’d rather hold a wal mart gift card or even simply cash.

5)Private keys may be bruteforced as we speak. Quintillions entries a second. When they’ll have enough bitcoins under control , they could move them all at once instantly.(At least 45,000 ETH have been stolen this way for now through ethereum bandit)SHA 256 is too old , bitcoin is 10 years old , it is not secure enough , quantum computing could potentially break it.

6)And that’s if people don’t find a way to create an infinite amount of coins to sell on exchanges.. it happened with monero , stellar , bitcoin , zcash , zcoin , eos , etc..

proofs :

“Bitcoin , Coindesk : “The Latest Bitcoin Bug Was So Bad, Developers Kept Its Full Details a Secret”an attacker could have actually used it to create new Bitcoin — above the 21 million hard-cap of coin creation — thereby inflating the supply and devaluing current bitcoins.”

Stellar : “Stellar Inflation: Glitch Leads to 2.25 Billion Extra XLM Printed”

Monero : “A bug in the Monero (XMR) wallet software that could enable fake deposits to exchanges has been recently brought to public attention through a Medium post”

Zcoin : Forged coins were created, but not exceeding 1% of the circulating supply. We will release further details on exact numbers when Sigma is released.

EOS : “Hackers Forge Billion EOS Coins to Steal Real Crypto From DEX “

Zcash : “Zcash Team Reveals It Fixed a Catastrophic Coin Counterfeiting Bug” etc..

7)Segwit , and especially Lightning network is a very complex technology and it will inevitably have flaws , bugs , it will be exploited and people will lose money. That alone can cause bitcoin to drop very low levels.

8)Then miners may be losing millions so they will stop mining , blocks may be so slow , almost no transaction will come though , and bitcoin may not have enough time to reach the next difficulty adjustement. This is reffered to as a death spiral. Then every crypto even those with no mining involved may crash hard.

9)Many crypto wallets are unsafe and have already caused people to lose all their investment , including the infamous “parity wallet”.

10)It is NOT trustless. you have to trust the wallet you’re using is not just generating an address controlled by the developper , you have to trust the node the wallet connects to is an honest node , you have to trust a Rogue state or organization with enough computing power will not 51% attack the network. etc..

11)Bitcoin is NOT deflationary. Bitcoins are created every blocks (roughly every 10 minutes) and you wil be dead by the time we reach the 21 million current hard cap.

12)Bitcoin price may artificially be inflated by Tether.

13)It’s an energy waste , an environmental catastrophy.

14)The only usecases are money laundering , tax evasion , gambling , buying on the dark net , evading sanctions and speculation.

15)Governments will ban it if it gets too big , and they have a big incentive to do so , not only for the obscure usecases but also because it threatens the stability of sovereign currencies. Trump could kill bitcoin with one tweet , force fiat exchanges to cease activity.

16)Most cryptos are scams , the rest are just crazy speculative casino investments.

17)It is pyramidal : early adopters intend to profit massively while last comers get crushed. That's not how money works. The overwhelming majority of crypto holders are buying it because they think they will be able to sell it to a higher price later. Money is supposed to be rather stable. That's why the best cryptocurrencies are USDT USDC etc..

18)The very few stores accepting bitcoin always have the real price in the local currency , not in bitcoin. And prices like 0.00456329 BTC are ridiculous !

19)About famous brokers listing bitcoin : they have to meet the demand in order to make money , it doesn't mean they approve it , some even short it (see interactive broker's CEO opinion on bitcoin)

20)People say cash is backed by nothing and losing value slowly , and yes it is very flawed , but there is a whole nation behind it , it's accepted everywhere , you can buy more things with it.

21)Everybody in crypto thinks that there will be a new bullrun and that then , they will sell. But because everybody thinks it will happen , it might not happen. The truth is past performance doesn’t indicate future performance and it is absolutely not guaranteed that there will ever be another bullrun. The markets are unpredictable.

22)Also BTC went from about $0.003 to the price it is today , so don’t think it’s cheap now.

23)There is no recourse if you’re scammed/hacked/made a mistake in the address etc. No chargebacks. But it might be possible to do a rollback (blockchain reorganization) to reverse some transactions. BSV did it.

24)In case of a financial crisis , the speculative assets would crash the most and bitcoin is far from being a non speculative safe heaven ; and governments might ban it to prevent fiat inflation to worsen.

25) Having to write down the private key somewhere or memorize it is a security flaw ! It’s insane to think a system like this will gain mass adoption.

26) The argument saying governments can not ban it because it is decentralized (like they banned drugs) doesn’t work for cryptos. First , drugs are much harder to find and much more expensive and unsafe because of the ban , and people are willing to take the risk because they like it. But if crypto is banned , value will drop too much , and if you can’t sell it for fiat without risking jail , goodluck to find a buyer. Fiat exchanges could close. Banks could terminate every crypto related bank account. And maybe then the mining death spiral would happen and kill all cryptos.

27) Crypto doesn’t exist. It’s like buying air. It’s just virtual collectibles generated by a code. Faguzzi, fugazzi, it’s a whazzie, it’s a whoozie.. it’s a.. fairy dust. It doesn’t exist. It’s never landed. It’s no matter, it’s not on the elemental chart. It… it’s not fucking real!

28) Most brilliant guys have come out and said Bitcoin was a scam or worthless. Including Bill Gates , Warren Buffet , The Wolf Of Wall Street…

29) Inflation is necessary for POW , BTC code will have to be changed to bypass the 21M cap or mining will die ! If BTC code is not changed to allow for miners to be paid reasonably , they will cease mining when the bitcoin block reward gets too low.Even monero understood it ,the code will have to be changed to allow for an infinite bitcoin supply (devaluating all current bitcoins) or the hash will decrease and the security of bitcoin will decrease dramatically and be 51% attacked

30) Don’t mix up blockchain and cryptos. Even blockchain is overrated. But when you hear this or that company is going blockchain , it doesn’t mean they support cryptocurrencies.

31) Craig Wright had a bitcoin mining company with Dave Kleinman (he died) and on january 1 2020 he claims he will be able to access the 1.1M BTC/BCH/BTG from the mining trust. He may or may not dump them on the market , he also said BTC had a fatal flaw and that by 2019 there will be no more BTC.

32) Hacks in cryptos are very common and usually massive. Billions of dollars in crypto have been stolen in the last 6 years. In may 2019 Binance was hacked and lost 7,000 BTC (and it’s far from being the biggest crypto hack).

33) Bitcoin was first. It's an ancient technology. Newer blockchains have privacy, smart contracts, distributed apps and more.Bitcoin is our future? Was the Model T the future of the automobile? (John Mc Afee)

34) IOTA investiguating stolen funds on mainnet. IOTA shuts down the whole network to deal with trinity wallet attack.

35) Compared to bitcoin other cryptos work just as fine and don't waste so much energy.

36 ) Everytime miners disagree on the updates it will create another version of bitcoin : problem of governance and legitimacy.

37) Cryptos are only legitimate if they act as a credit for a redeemable asset like USDT or gold backed coins.

While the native language of the writter is not english , I think you get the point and it doesn't make it any less relevant.
submitted by OverTheRedHills to u/OverTheRedHills [link] [comments]

During the coronavirus, are cryptocurrencies suffering or taking advantage of the moment?

During the coronavirus, are cryptocurrencies suffering or taking advantage of the moment?
Up until just a short time ago cryptocurrencies were considered to be a sort of safe haven. This idea has gained greater strength in the measure in which, during recent periods of crisis and instability, the Bitcoin has risen in value; however, now, with the pandemic of the coronavirus hitting the entire planet, the freefall of the cryptocurrency quotes most used these days shows an uncertain scenario and demystified the option of “safe haven”.
Halfway through February, before the before the pandemic became widespread, Bitcoin’s quote reached over 10,200 dollars, its highest quote during the last seven months; but, from that moment on the decline has been resounding – around 40% - so that its present value is in the region of 6,300 dollars. In its fall, Bitcoin dragged other cryptocurrencies along with it, like Ethereum which lost 29% as went from 194 dollars to 137, and Ripple, which ceded 22%.

What provoked the decline in prices?

Cryptocurrencies operate contrary to the traditional financial system, because they don’t need banks; however, this doesn’t make them immune to the economic chaos unleashed by the pandemic.
In China’s case, the country where the virus arose, the analysts waited for the launch of the digital yuan; however, the Wuhan crisis will postpone the presentation of the new cryptoasset between three and six months, since, according to YuanJie Zhang, the director of operations of Conflux, “The majority of the budget’s resources were spent in containing the virus”.
For Zhang, the coronavirus hasn’t had a negative impact on the cryptocurrency mining industry in China, because the majority of these farms continued working and never hired a lot of people.
Nevertheless, the fall in prices was evident. What could have provoked it? This continues to be a subject that divides the experts, since more than a few feel that there are no clear elements that explain the downward trend, because cryptocurrencies aren’t affected by the prices of petroleum and or the global recession.
According to various experts, the decline was expected because Bitcoin, for example, saw its price rise 100% during the last six months and many investors opted to sell them now to cover the losses that they suffered in their portfolios from other assets with variable yield.
Others look for a link to the pandemic and analyze that the collapse in prices was produced at the moment when the bonds and shares fell around the world. The investors suffered so many losses that they had to liquidate assets that, at this time, have enough value to cover their obligations.
“Investors are liquidating alternative assets like gold and cryptocurrencies to comply with obligations of the market and to create cash reserves, a theme that is similar to what happened during the last financial crisis,” stated Matthew Dibb, co-founder and director of Stack operations.
A variation is that the retail investors have sold their cryptoassets so that this way they can obtain money that will allow them to obtain more food, medical supplies and take on other monthly expenses, since extended quarantines impede them from working and, therefore, generate income.

Blockchain initiatives against the coronavirus

The donations in cryptocurrencies to support the most affected areas with medical supplies or to encourage research about the coronavirus have increased in recent times.
The Binance exchange donated 1.4 million dollars to the Chinese authorities for medical supplies. The project was called “Binance for Wuhan”. In addition, Binance Charity continues to be wrapped up in raising five million dollars in cryptocurrencies that make it possible to buy essential medical articles for the countries most affected by the coronavirus.
The crowdfunding platform The Giving Block launched a campaign for donating cryptoassets, in coordination with Gitcoin, an open code reward platform in the Ethereum blockchain.
The decentralized Alliance of AI presented the #COVIDathon, considered the first hackathon designed to help the medical industry to search for solutions that allow them to battle the COVID-19. This alliance depends on more than 50 members of the space, Ocean Protocol, Aragon, Shivom and SingularityNet.
Ripple Labs donated 200,000 dollars to two non-profit organizations, Tipping Point Community and Silicon Valley Community Foundation, to contain the propagation of COVID-19 in the United States.
The Napoli Blockchain Association undertook a crypto fund raiser that made the purchase of a large amount of appliance equipment possible for strengthening medical attention in Italy.
cryptos, coronavirus, coronavirus-and-bitcoin, coronavirus-and-cryptos
submitted by CryptosRegister to u/CryptosRegister [link] [comments]

Top-5 Ways To Buy Bitcoin Instantly

The choice of the optimal ways to buy Bitcoin depends on three factors: how much information you want to disclose, what is the amount of the transaction and what level of security you require. However, it is almost impossible to comply with all 3 factors. So, what is the best way to buy Bitcoin?

1. Stock exchange

The best way to buy crypto is to use an exchange (Binance, Coinbase Pro, Huobi Global), where one can sell and buy digital currency from other investors. The price is set manually. In this case, the commission charged by the intermediary will not exceed 1%. The exchange provides anonymity since you don’t need to provide your ID in most exchanges. There are several options for transactions:
If you want to know how to begin investing in Bitcoin, start studying stock exchanges.



2. Exchanger

A crypto exchanger (Localbitcoins, Lykke, F-change) allows exchanging fiat or other tokens for BTC according to a fixed rate. It is probably the easiest way to buy crypto. The service adds a commission higher than that on the stock exchange.



3. ATMs for BTC

ATMs for Bitcoins only enter the market. It is enough to have the necessary amount of cash to be able to exchange it for the equivalent in BTC. Such a transaction is instant and does not require registration or other formalities. There are now over 8500 BTC ATMs around the world.

4. For cash with individuals

A hand-to-hand sale is the most private and most insecure way to buy cryptocurrency. It is lucky if you know reliable miners or crypto businessmen. Rent, salary, taxes – all this requires ordinary money, so they constantly have a need to sell mined or earned cryptocurrency. Pros – maximum anonymity of transactions. Cons – risks from dishonest partners.

5. Telegram bots

Telegram bot is an automatic script based on the search for offers and counteroffers. If someone wants to sell BTC, they send a request to the bot and it looks for a counter offer. As soon as someone sends a request for the purchase of Bitcoin, the bot will complete a transaction between these two users.




While talking about the ways to buy Bitcoin, it is important to mention that this article doesn’t provide any advice and directions regarding the investments in particular cryptocurrencies and pursues only informative purposes.
submitted by CoinjoyAssistant to btc [link] [comments]

(CEX vs DEX) vs HEX

A hybrid crypto exchange is a platform that provides users with access to their private keys and aims to solve the scalability issues of decentralized exchanges.
*Disclaimer: I don’t insist that one have to store 100% of the portfolio on any kind of exchange.

Why is it called Hybrid exchange?
Hybrid crypto exchanges combine the pros of Centralized crypto exchanges and Decentralized crypto exchanges. The hybrid concept allows for certain cons to be remedied by implementing the advantages of the opposite.

What are Centralized and Decentralized exchanges?
Centralized(CEX) crypto exchanges provide massive volatility with the help of market-making activities.
Occasional fiat gateways for its users, so everyone could quickly cash out gainings.
Besides, substantial centralized crypto exchanges have a higher trust score within the community.

Decentralized(DEX) crypto exchanges provide a solution to the security issues by letting users be in control of their private keys. This feature is a part of the real decentralization of trust philosophy, which is essential for the whole crypto economy.


On the one hand, DEX’s provide higher security and privacy for its users, but those aren't the only things we are looking for. On the other hand, CEX’s, as I told earlier, have a higher trust score, so what does this mean exactly?

But is their royalty deserved?
“I definitely hope centralized exchanges go burn in hell as much as possible,” Vitalik Buterin stated in 2018. In particular, he thinks there’s no reason some projects need to pay $10 to $15 million(as per 2018) in listing fees to let people trade their tokens on centralized exchanges.
This feels like a blood diamonds issue in the diamond industry. Most of those platforms were built on lies, some of them are currently building themselves out on falsehoods.

CEXs have to be regulatory compliant, it’s impossible to be obedient without registering a company, submitting documents for proof of identity, etc. Most of the legal registries are opened to the public. Hence the founders are publicly known individuals. Besides, there is no need to hide while you are compliant and not involved in illegal activities.

If you are new to this industry, or do not want to understand the intricacies of blockchains and came here to trade Bitcoin, I advise you to use a CEX.
But If you came here for the tech, you will enjoy reading this more.

What is the hybrid crypto exchange approach?
Not so long ago, I decided to dive into the topic of hybrid exchanges as a potential game-changer in the cryptocurrency industry.
The hybrid exchange philosophy builds on the strengths of decentralized and centralized exchanges. During my research, I came across a curious example -
To further simplify the process of understanding the principles of hybrid exchanges, I propose to consider this topic by case. It’s worth noting that there is much to contemplate in regards to hybrid exchange platforms, their solutions and approaches may vary. There are also not many out there.

DEX pros within NEXT:

Essentially NEXT.chain will be used by the exchange as an open database that stores information about all transactions and tokenized assets (assets created on NEXT.chain are dubbed 00X standard) within the exchange.
To maintain the blockchain, investors will deploy 100 master nodes during the first year (79 out of 100 are already functioning).

CEX pros within NEXT:

It’s important to note that NEXT is just at its start, and will be releasing a huge update dubbed 2.0 (after a testing period with its community), so if hybrid cryptocurrency exchanges are interesting to you - then this is definitely one to keep an eye out for.

Summing up
Recently, the industry of centralized crypto-exchanges is literally filled with scammers.
Teams of second-rate centralized exchanges "draw" trading volumes and even IEO results. Unfortunately, many blindly believe them. This is going to be a massive problem in the future, more important than you can imagine. Those scam exchanges will become more prominent and will swindle more people, this will lead to a severe outflow of defrauded people from the industry, which can not afford it.
Hybrid cryptocurrency exchanges are a new trend that I think can improve the whole industry.
Not all hybrid exchanges have their own blockchain, NEXT was considered as the project most suitable for the description of a hybrid cryptocurrency exchange.
Don't FOMO and don't hesitate to do your own researches before depositing funds on the exchange wallets or participating in an IEO.
submitted by SUN_STRIKE to CryptoMoonShots [link] [comments]

r/Bitcoin recap - June 2019

Hi Bitcoiners!
I’m back with the 30th monthly Bitcoin news recap.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on
A recap of Bitcoin in May 2019
Regulation & Politics
Archeology (Financial Incumbents)
Price & Trading
Fun & Other
submitted by SamWouters to Bitcoin [link] [comments]

Detailed crypto background check on u/paulemmanuelng

Of u/paulemmanuelng's last 1613 posts (1000 submissions + 613 comments), I found 1244 in cryptocurrency-related subreddits. This all the data I found:
Subreddit No. of comments Avg. comment sentiment Total comment karma No. of posts Avg. post sentiment Total post karma
ArkEcosystem 0 0 0 1 0.0 15
BATProject 2 0.57 (very positive) 4 0 0 0
binance 7 0.45 (quite positive) 8 5 -0.09 9
Bitcoin 26 0.37 (quite positive) 61 0 0 0
BitcoinAUS 0 0 0 2 0.0 0
BitcoinBeginners 35 0.28 (quite positive) 32 0 0 0
BitcoinCA 0 0 0 8 0.04 25
Bitcoincash 0 0 0 1 0.25 0
BitcoinMarkets 0 0 0 1 0.0 3
BitcoinUK 0 0 0 1 0.0 1
btc 29 0.3 (quite positive) 78 42 -0.02 229
Buttcoin 13 0.52 (very positive) 18 11 -0.1 50
cardano 3 0.05 3 8 0.14 149
CoinBase 0 0 0 10 -0.06 44
crypto 0 0 0 3 0.08 3
Crypto_Currency_News 12 0.36 (quite positive) 17 146 0.04 233
Crypto_General 0 0 0 6 -0.03 7
CryptoCurrencies 30 0.23 43 172 0.04 419
CryptoMarkets 141 0.26 (quite positive) 217 216 0.04 3389
dashpay 1 0.0 5 1 0.4 (quite positive) 13
decred 1 0.0 1 1 0.0 4
Digibyte 3 0.12 4 2 0.45 (quite positive) 29
dogecoin 2 0.35 (quite positive) 5 1 0.0 154
ethereum 5 0.41 (quite positive) 5 12 0.12 34
EthereumClassic 2 0.17 3 0 0 0
EtherMining 0 0 0 1 0.5 (very positive) 1
ethtrader 5 0.48 (quite positive) 8 19 0.14 97
Gemini 0 0 0 2 0.0 2
icon 0 0 0 2 0.07 15
Iota 3 0.37 (quite positive) 3 7 0.03 211
IOTAmarkets 4 0.0 4 7 0.03 176
Lisk 1 0.2 7 0 0 0
litecoin 0 0 0 2 0.0 17
LitecoinMarkets 0 0 0 2 0.0 12
Monero 5 0.36 (quite positive) 10 1 -0.12 16
nem 0 0 0 1 0.8 (very positive) 15
NEO 2 0.0 9 0 0 0
Neotrader 0 0 0 1 -0.3 (quite negative) 13
noncensored_bitcoin 1 -0.05 1 0 0 0
Ripple 2 0.4 (quite positive) 1 9 0.04 9
tezos 9 0.21 14 5 0.03 103
Tronix 4 0.38 (quite positive) 12 4 -0.1 4
Vechain 0 0 0 2 0.0 48
xmrtrader 1 0.6 (very positive) 1 0 0 0
CryptoCurrency 144 0.35 (quite positive) 193 0 0 0
bitfinex 0 0 0 2 -0.07 2
eos 1 0.0 4 2 0.02 24
nanocurrency 9 0.58 (very positive) 40 2 0.2 2
nanotrade 3 0.28 (quite positive) 8 1 0.4 (quite positive) 95
BitcoinDiscussion 0 0 0 6 -0.12 6
MakerDAO 0 0 0 2 -0.0 7
LINKTrader 0 0 0 3 0.21 3
defi 1 0.0 1 4 0.01 23
submitted by cryptochecker to cryptochecker [link] [comments]

Detailed crypto background check on u/paulemmanuelng

Of u/paulemmanuelng's last 1613 posts (1000 submissions + 613 comments), I found 1241 in cryptocurrency-related subreddits. This all the data I found:
Subreddit No. of comments Avg. comment sentiment Total comment karma No. of posts Avg. post sentiment Total post karma
ArkEcosystem 0 0 0 1 0.0 16
BATProject 2 0.57 (very positive) 4 0 0 0
binance 7 0.45 (quite positive) 7 5 -0.09 10
Bitcoin 26 0.37 (quite positive) 62 0 0 0
BitcoinAUS 0 0 0 2 0.0 0
BitcoinBeginners 35 0.28 (quite positive) 32 0 0 0
BitcoinCA 0 0 0 8 0.04 24
Bitcoincash 0 0 0 1 0.25 0
BitcoinMarkets 0 0 0 1 0.0 3
BitcoinUK 0 0 0 1 0.0 1
btc 29 0.3 (quite positive) 76 41 0.01 218
Buttcoin 13 0.52 (very positive) 17 11 -0.1 51
cardano 3 0.05 3 8 0.14 144
CoinBase 0 0 0 8 0.06 31
crypto 0 0 0 3 0.08 3
Crypto_Currency_News 12 0.36 (quite positive) 17 146 0.04 222
Crypto_General 0 0 0 6 -0.03 7
CryptoCurrencies 30 0.23 46 171 0.04 404
CryptoMarkets 141 0.26 (quite positive) 215 217 0.05 3353
dashpay 1 0.0 4 1 0.4 (quite positive) 14
decred 1 0.0 1 1 0.0 5
Digibyte 3 0.12 4 2 0.45 (quite positive) 30
dogecoin 2 0.35 (quite positive) 5 1 0.0 154
ethereum 5 0.41 (quite positive) 5 12 0.12 34
EthereumClassic 2 0.17 3 0 0 0
EtherMining 0 0 0 1 0.5 (very positive) 1
ethtrader 5 0.48 (quite positive) 8 19 0.14 97
Gemini 0 0 0 2 0.0 2
icon 0 0 0 2 0.07 18
Iota 3 0.37 (quite positive) 3 7 0.03 209
IOTAmarkets 4 0.0 4 7 0.03 175
Lisk 1 0.2 8 0 0 0
litecoin 0 0 0 2 0.0 19
LitecoinMarkets 0 0 0 2 0.0 11
Monero 5 0.36 (quite positive) 11 1 -0.12 17
nem 0 0 0 1 0.8 (very positive) 15
NEO 2 0.0 9 0 0 0
Neotrader 0 0 0 1 -0.3 (quite negative) 14
noncensored_bitcoin 1 -0.05 1 0 0 0
Ripple 2 0.4 (quite positive) 1 9 0.04 9
tezos 9 0.21 13 5 0.03 107
Tronix 4 0.38 (quite positive) 12 4 -0.1 4
Vechain 0 0 0 2 0.0 52
xmrtrader 1 0.6 (very positive) 1 0 0 0
CryptoCurrency 144 0.35 (quite positive) 191 0 0 0
bitfinex 0 0 0 2 -0.07 2
eos 1 0.0 3 2 0.02 22
nanocurrency 9 0.58 (very positive) 41 2 0.2 2
nanotrade 3 0.28 (quite positive) 9 1 0.4 (quite positive) 92
BitcoinDiscussion 0 0 0 6 -0.12 6
MakerDAO 0 0 0 2 -0.0 6
LINKTrader 0 0 0 3 0.21 3
defi 1 0.0 1 4 0.01 19
submitted by cryptochecker to cryptochecker [link] [comments]

Detailed crypto background check on u/paulemmanuelng

Of u/paulemmanuelng's last 1597 posts (999 submissions + 598 comments), I found 1232 in cryptocurrency-related subreddits. This all the data I found:
Subreddit No. of comments Avg. comment sentiment Total comment karma No. of posts Avg. post sentiment Total post karma
ArkEcosystem 0 0 0 1 0.0 15
BATProject 2 0.57 (very positive) 4 0 0 0
binance 7 0.45 (quite positive) 7 8 -0.07 13
Bitcoin 26 0.37 (quite positive) 59 6 -0.01 447
BitcoinBeginners 33 0.3 (quite positive) 31 0 0 0
BitcoinCA 0 0 0 1 0.0 2
Bitcoincash 0 0 0 1 0.25 0
BitcoinUK 0 0 0 1 0.0 1
btc 29 0.3 (quite positive) 77 46 0.04 236
Buttcoin 12 0.5 (very positive) 12 10 0.17 19
cardano 3 0.05 3 9 0.12 198
CoinBase 0 0 0 2 -0.3 (quite negative) 4
crypto 0 0 0 3 0.08 3
Crypto_Currency_News 12 0.36 (quite positive) 17 129 0.07 208
Crypto_General 0 0 0 2 -0.15 3
CryptoCurrencies 29 0.23 43 149 0.05 361
CryptoMarkets 138 0.26 (quite positive) 212 247 0.05 3861
dashpay 1 0.0 5 2 0.42 (quite positive) 21
Digibyte 3 0.12 4 3 0.57 (very positive) 29
dogecoin 2 0.35 (quite positive) 5 2 0.4 (quite positive) 160
ethereum 5 0.41 (quite positive) 5 11 0.14 31
EthereumClassic 2 0.17 3 2 0.09 9
EtherMining 0 0 0 1 0.5 (very positive) 1
ethtrader 5 0.48 (quite positive) 8 17 0.16 102
icon 0 0 0 1 0.0 13
Iota 3 0.37 (quite positive) 3 6 0.03 50
IOTAmarkets 4 0.0 4 5 0.04 135
Lisk 1 0.2 7 1 0.0 4
litecoin 0 0 0 2 0.0 20
LitecoinMarkets 0 0 0 2 0.0 12
Monero 5 0.36 (quite positive) 10 0 0 0
NEO 2 0.0 8 1 0.0 58
Neotrader 0 0 0 1 -0.3 (quite negative) 14
noncensored_bitcoin 1 -0.05 1 0 0 0
Ripple 2 0.4 (quite positive) 1 10 0.04 10
tezos 9 0.21 13 5 0.11 151
Tronix 4 0.38 (quite positive) 12 7 -0.07 7
Vechain 0 0 0 2 0.0 49
xmrtrader 1 0.6 (very positive) 1 0 0 0
CryptoCurrency 144 0.35 (quite positive) 192 19 0.06 103
bitfinex 0 0 0 2 -0.07 2
eos 1 0.0 2 2 0.09 25
nanocurrency 9 0.58 (very positive) 40 1 0.4 (quite positive) 1
nanotrade 3 0.28 (quite positive) 8 1 0.4 (quite positive) 93
BitcoinDiscussion 0 0 0 5 0.08 6
MakerDAO 0 0 0 1 -0.04 5
LINKTrader 0 0 0 3 0.21 3
defi 1 0.0 1 3 0.0 19
submitted by cryptochecker to cryptochecker [link] [comments]

Wanchain Telegram AMA - 05/11/2019 - questions and answers

most of the questions and answers from AMA that happened on 05/11/2019 on Wanchain Telegram, sorry if I missed any!
  1. question: The current roadmap of Wanchain ends in 55 days. (When) can we expect to see a new one? answer: Yes we have been in many discussions about our roadmap next year. Hopefule we will release that by the end of month. Please feel free to contribute...
  2. question: Will WAN have any burn or buy back in the future, any plan? answer: Wanchain has burned the 21 million WAN (10% reserved for mining rewards) by sending them to an address where the WAN is not recoverable.Here is the address: tx: rewards are explained here:
  3. question: What is the team doing more regarding marketing ? How much mcap wan is targeting? Competition is getting too much now.. answer: We are working with a few new marketing partners. Revamping social media, leveraging our ambassador program but giving an extra boost when the DEX with RiveX launches. As well as other dApps we are looking closely at and hoping to have them deployed quite soon.
  4. question: Hello Mr. Lu. It seems integrating new existing blockchains to the wanchain ecosystem is a very slow process... indeed only 2 at the moment (ethereum and bitcoin)... one every 9 months... when is this time going to be reduced and by how much time... ? there are hundreds of blockchains out there... both public and private... I understand the success of wanchain depends on integrating as many blockchains as possible. answer: We are in the process of improving the cross-chain mechanism and make it more open. Once that is done, they will be coming a lot faster. BTW, we are working on EOS integration...
  5. question: Hello. What are your next major plans to boost wanchain ecosystem? Who is going to use wanchain network? Any significant partnerships? answer: We are working with FinNexus and RiveX currently to build the ecosystem. Also we are working with our partner on the cross-chain DEX
  6. question: Does wanchain work for interop with chain like hyperledger and such? answer: Yes we are working with EEA and Hyperledger on the interoperability standards
  7. question: Do feel financially stable? Do you still have funds from ICO to continue as going concern? answer: Yes, we have enough funds to continue our develoment in the coming years
  8. question: My second question is related to the Elevenpaths (Telefonica) / Rivetz / Civic / Wanchain partnership. Is it still alive? Could you please share any details about the progress of that partnership up to date? answer: Hey, I'll take that one. We have a few new things in motion with Telefonica's Eleven Paths. Due to NDA we cannot comment on the specifications but more is definitely coming :)
  9. question: We have seen many stable coins added to Wanchain (DAI, GUSD, TUSD, USDC). But I miss Tether... Are there plans to include USDT in Wanchain? It would be really helpful for WRDEX success IMHO answer: We'd love to integrate with USDT. It will only takes us a few days to integrate with the USDT on Ethereum...A little more challenging for the one on BTC though
  10. question: Next Question : will there be any AMA in binance group for more new users engagement for the WAN ? so many great projects are doing ama in exchange group, team should consider some AMA with current listed exchanges.. answer: That's a great idea and yes we are planning to have more AMAs in/with other communities. After all, we are bridging technically (blockchains) but also their communities. We had a good AMA in the Cryptoverse telegram last week. We also intend to include more team members in future AMAs (business, technical, community, marketing).
  11. question: What's the progress of lanchain, is it wan 4.0 that's due the end of the year? answer: Wanchain recently partnered with PUC Berhad for enterprise blockchain solutions, more info can be found here: is also building on Wanchains private chain to offer enterprise solutions, you can find more info on what RiveX is doing here:
  12. question: i was wondering if its possible to increase the number of validators selected and reduce the amount of reward per selection? Small nodes will get selected more frequently, so people wont just choose large nodes for delegation answer: That is possible by reducing the block time. We have many parameters to play around but all of them require code change. At the stage we want to gather enough data from the POS network before we make any changes...
  13. question: Hi Jack, which month do you expect storemannodes to be implemented? If all goes according to plan. answer: We are doing internal planning right now. Hopefully you can see our roadmap very soon...
  14. question: What work doing our team to increase use cases of wan? answer: We are researching Dapps on different chain and are focusing on cross-chain DEFI applications. That's why we are working with FinNexus and RiveX. Also DEX, Lending applications, Games are coming up...
  15. question: What's your take on mass adoption of wanchain? Do you have any plan or strategy to achieve that?answer: It will be a long process but will be faster than internet mass adoption. We are working with mobile partners like Telefonica and Pundix get us well positioned. Also we are looking into DEXes, DEFI applications, integration with Libra and DCEP and etc.
  16. question: Hi @jackxlu, what will be the boost of WAN in 2020 to build confidence, create awareness and more adoption? Also why work on a cross-chain DEX when you can also work together with a cross-chain DEX, for example Switcheo/Neon Exchange? answer: Each partner has their own technologies and their own priority. We just want to push that forward as soon as we can
  17. question: Hi @jackxlu what is the status of the blockchain interoperability alliance with aion and icon? It’s been a while since there has been any news on that. I know that the focus has been for each project to get their mainnet built and properly functioning. Since all 3 now have working Main nets and projects starting to deploy, will you be working more closely with those other projects again in terms of interoperability? answer: Hey Tim! There is no update here. Projects are focused on their own roadmaps for now and as Jack mentioned above, each project has its own technology so there isn't much need for the interoperability alliance right now. We will, however, bridge all chains together it's just a question of when. We hope to collaborate more with Aion and Icon going forward but we have to continue working on new integrations and eventually come out with a plug and play solution.
  18. question: Is tokenization of building and other real world stuff in wan program? answer: On the enterprise side, we are mostly focused on interoperable reward programs (like with Telefonica's Eleven Paths, PUC Malaysia) as its a blue ocean right now. We are however talking to a few of our partners about creating joint ventures (tech + business) in Asia and Europe. We will leverage each other's technology stacks and business contacts.
  19. question: You only mentioned WAN POS TPS is more than 1000+. Can you showcase the TPS to the community ? Or is there any already we can see it ? answer: Our research team has been working on gathering and analyzing POS data in the past few weeks. We should have the research data published very soon
  20. question: Is it possible to integration with DCEP? I doubt China will allow an altcoin do that, please confirm it. answer: It's too early to tell but we do want to get the right partnership and make that a reality
  21. question: @jackxlu how about SDK for popular programming languages like c# and java? For smart contract development you will only support solidity programming language? I understand the initial choice of this, take advantage of the network effect of developers that already know solidity, but what about all the others? answer: We recently released a SDK for Java. As long there is a demand, we can easily do for any programming language. For smart contract, we are looking into EWASM and hopefully we can support many programming languages for the smart contract
  22. question: Can you share something about the legal status of Wanchain in the US, are there any legal issues/obstacles for getting listed on a US regulated exchange in the future? answer: No legal reasons stopping us from getting listed in the US. We want WAN to be available to anyone that wishes to use our platform. Having said that, there are a number of discussions happening and we are taking necessary precautions to stay ahead, it's just taking very long. That's all we can say about that right now, Adam.
  23. question: @jackxlu can you talk about the recent events in China and their impact on Wanchain? what is wanchain doing to take advantage of china opening up to blockchain? answer: The recent events in China are very exciting. Many people approached me for possible partnership. Our team in China is so busy in different talks in recent days. Wanchain 4.0 release is coming up by the end of year and we have been working with EEA and Hyperledger on the interoperability standards. We have Lanchain as our enterprise solution and Wanchain can integrate with any other types of enterprise blockchain solutions. So we are really well positioned to take advantage of the current blockchain boom in China in the coming years
  24. question: Any concrete plan on embark more developers to wanchain ecosystem? Team alone won't make it in the long run. answer: We plan to build out further. Wandevs is a community of developers working on technical documentation, cross-chain dApps and tools for Wanchain. We had a soft launch but plan to increase the number of developers and incentives in this program through new guides, challenges and vitual hackathons. We are for example talking to 0xcert now about doing a cross-chain NFT virtual hackathon in the new year.
  25. question: Hi Jack Lu. Amazing to have you here! You perhaps have already answered this question, but will the others blockchain projects ever be able to integrate themselves to Wanchain (plug & play system)? Waiting for wanchain team to do the whole work can be hard. answer: Our plan is to get the solution perfect before our dev community or other projects can integrate with Wanchain by themselves
  26. question: Hi @jackxlu, @machinayz has there been any progress with the potential Belt and Road initiative contract that you spoke of in a previous AMA? Thanks. answer: Sorry Steve, we missed this. There are no further updates here. Li Ni and team are working hard on it though :)
  27. question: Jack Lu, thanks for your work. Wanchain is growing a lot. My question: Are you talking with any retail company for partnership? answer: Not yet but it's a great idea because Wanchain can serve as a gateway for multi-coin payment. Any suggestions?
  28. question: @jackxlu Is there any plan to improve node management ? to pass "partner off-chain" to "partner on-chain"? answer: Not at this point but please send your requirement or suggests to me. Thanks!
  29. question: Do you still believe in Wanchain becoming a top 10 project? Thank you both Oliver and Jack for your time and answers¡ It has been a great AMA. answer: Sure I do believe that. And thanks so much for your support!
Thanks for everyone for participating, sorry if I missed any questions/answers. Stay tuned for any upcoming AMAs!
submitted by maciej_wan to wanchain [link] [comments]

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Cardano Shelley Begins, Unlimited Easing, Binance Mining, BitFinex Pulse & Be Careful

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