Ultimate glossary of crypto currency terms, acronyms and abbreviations
I thought it would be really cool to have an ultimate guide for those new to crypto currencies and the terms used. I made this mostly for beginner’s and veterans alike. I’m not sure how much use you will get out of this. Stuff gets lost on Reddit quite easily so I hope this finds its way to you. Included in this list, I have included most of the terms used in crypto-communities. I have compiled this list from a multitude of sources. The list is in alphabetical order and may include some words/terms not exclusive to the crypto world but may be helpful regardless. 2FA Two factor authentication. I highly advise that you use it. 51% Attack: A situation where a single malicious individual or group gains control of more than half of a cryptocurrency network’s computing power. Theoretically, it could allow perpetrators to manipulate the system and spend the same coin multiple times, stop other users from completing blocks and make conflicting transactions to a chain that could harm the network. Address (or Addy): A unique string of numbers and letters (both upper and lower case) used to send, receive or store cryptocurrency on the network. It is also the public key in a pair of keys needed to sign a digital transaction. Addresses can be shared publicly as a text or in the form of a scannable QR code. They differ between cryptocurrencies. You can’t send Bitcoin to an Ethereum address, for example. Altcoin (alternative coin): Any digital currency other than Bitcoin. These other currencies are alternatives to Bitcoin regarding features and functionalities (e.g. faster confirmation time, lower price, improved mining algorithm, higher total coin supply). There are hundreds of altcoins, including Ether, Ripple, Litecoin and many many others. AIRDROP: An event where the investors/participants are able to receive free tokens or coins into their digital wallet. AML: Defines Anti-Money Laundering laws**.** ARBITRAGE: Getting risk-free profits by trading (simultaneous buying and selling of the cryptocurrency) on two different exchanges which have different prices for the same asset. Ashdraked: Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. When the price of BTC rose from USD 300 to USD 500, the Romanian investor lost all of his money. ATH (All Time High): The highest price ever achieved by a cryptocurrency in its entire history. Alternatively, ATL is all time low Bearish: A tendency of prices to fall; a pessimistic expectation that the value of a coin is going to drop. Bear trap: A manipulation of a stock or commodity by investors. Bitcoin: The very first, and the highest ever valued, mass-market open source and decentralized cryptocurrency and digital payment system that runs on a worldwide peer to peer network. It operates independently of any centralized authorities Bitconnect: One of the biggest scams in the crypto world. it was made popular in the meme world by screaming idiot Carlos Matos, who infamously proclaimed," hey hey heeeey” and “what's a what's a what's up wasssssssssuuuuuuuuuuuuup, BitConneeeeeeeeeeeeeeeeeeeeeeeect!”. He is now in the mentally ill meme hall of fame. Block: A package of permanently recorded data about transactions occurring every time period (typically about 10 minutes) on the blockchain network. Once a record has been completed and verified, it goes into a blockchain and gives way to the next block. Each block also contains a complex mathematical puzzle with a unique answer, without which new blocks can’t be added to the chain. Blockchain: An unchangeable digital record of all transactions ever made in a particular cryptocurrency and shared across thousands of computers worldwide. It has no central authority governing it. Records, or blocks, are chained to each other using a cryptographic signature. They are stored publicly and chronologically, from the genesis block to the latest block, hence the term blockchain. Anyone can have access to the database and yet it remains incredibly difficult to hack. Bullish: A tendency of prices to rise; an optimistic expectation that a specific cryptocurrency will do well and its value is going to increase. BTFD: Buy the fucking dip. This advise was bestowed upon us by the gods themselves. It is the iron code to crypto enthusiasts. Bull market: A market that Cryptos are going up. Consensus: An agreement among blockchain participants on the validity of data. Consensus is reached when the majority of nodes on the network verify that the transaction is 100% valid. Crypto bubble: The instability of cryptocurrencies in terms of price value Cryptocurrency: A type of digital currency, secured by strong computer code (cryptography), that operates independently of any middlemen or central authoritie Cryptography: The art of converting sensitive data into a format unreadable for unauthorized users, which when decoded would result in a meaningful statement. Cryptojacking: The use of someone else’s device and profiting from its computational power to mine cryptocurrency without their knowledge and consent. Crypto-Valhalla: When HODLers(holders) eventually cash out they go to a place called crypto-Valhalla. The strong will be separated from the weak and the strong will then be given lambos. DAO: Decentralized Autonomous Organizations. It defines A blockchain technology inspired organization or corporation that exists and operates without human intervention. Dapp (decentralized application): An open-source application that runs and stores its data on a blockchain network (instead of a central server) to prevent a single failure point. This software is not controlled by the single body – information comes from people providing other people with data or computing power. Decentralized: A system with no fundamental control authority that governs the network. Instead, it is jointly managed by all users to the system. Desktop wallet: A wallet that stores the private keys on your computer, which allow the spending and management of your bitcoins. DILDO: Long red or green candles. This is a crypto signal that tells you that it is not favorable to trade at the moment. Found on candlestick charts. Digital Signature: An encrypted digital code attached to an electronic document to prove that the sender is who they say they are and confirm that a transaction is valid and should be accepted by the network. Double Spending: An attack on the blockchain where a malicious user manipulates the network by sending digital money to two different recipients at exactly the same time. DYOR: Means do your own research. Encryption: Converting data into code to protect it from unauthorized access, so that only the intended recipient(s) can decode it. Eskrow: the practice of having a third party act as an intermediary in a transaction. This third party holds the funds on and sends them off when the transaction is completed. Ethereum: Ethereum is an open source, public, blockchain-based platform that runs smart contracts and allows you to build dapps on it. Ethereum is fueled by the cryptocurrency Ether. Exchange: A platform (centralized or decentralized) for exchanging (trading) different forms of cryptocurrencies. These exchanges allow you to exchange cryptos for local currency. Some popular exchanges are Coinbase, Bittrex, Kraken and more. Faucet: A website which gives away free cryptocurrencies. Fiat money: Fiat currency is legal tender whose value is backed by the government that issued it, such as the US dollar or UK pound. Fork: A split in the blockchain, resulting in two separate branches, an original and a new alternate version of the cryptocurrency. As a single blockchain forks into two, they will both run simultaneously on different parts of the network. For example, Bitcoin Cash is a Bitcoin fork. FOMO: Fear of missing out. Frictionless: A system is frictionless when there are zero transaction costs or trading retraints. FUD: Fear, Uncertainty and Doubt regarding the crypto market. Gas: A fee paid to run transactions, dapps and smart contracts on Ethereum. Halving: A 50% decrease in block reward after the mining of a pre-specified number of blocks. Every 4 years, the “reward” for successfully mining a block of bitcoin is reduced by half. This is referred to as “Halving”. Hardware wallet: Physical wallet devices that can securely store cryptocurrency maximally. Some examples are Ledger Nano S**,** Digital Bitbox and more**.** Hash: The process that takes input data of varying sizes, performs an operation on it and converts it into a fixed size output. It cannot be reversed. Hashing: The process by which you mine bitcoin or similar cryptocurrency, by trying to solve the mathematical problem within it, using cryptographic hash functions. HODL: A Bitcoin enthusiast once accidentally misspelled the word HOLD and it is now part of the bitcoin legend. It can also mean hold on for dear life. ICO (Initial Coin Offering): A blockchain-based fundraising mechanism, or a public crowd sale of a new digital coin, used to raise capital from supporters for an early stage crypto venture. Beware of these as there have been quite a few scams in the past. John mcAfee: A man who will one day eat his balls on live television for falsely predicting bitcoin going to 100k. He has also become a small meme within the crypto community for his outlandish claims. JOMO: Joy of missing out. For those who are so depressed about missing out their sadness becomes joy. KYC: Know your customer(alternatively consumer). Lambo: This stands for Lamborghini. A small meme within the investing community where the moment someone gets rich they spend their earnings on a lambo. One day we will all have lambos in crypto-valhalla. Ledger: Away from Blockchain, it is a book of financial transactions and balances. In the world of crypto, the blockchain functions as a ledger. A digital currency’s ledger records all transactions which took place on a certain block chain network. Leverage: Trading with borrowed capital (margin) in order to increase the potential return of an investment. Liquidity: The availability of an asset to be bought and sold easily, without affecting its market price. of the coins. Margin trading: The trading of assets or securities bought with borrowed money. Market cap/MCAP: A short-term for Market Capitalization. Market Capitalization refers to the market value of a particular cryptocurrency. It is computed by multiplying the Price of an individual unit of coins by the total circulating supply. Miner: A computer participating in any cryptocurrency network performing proof of work. This is usually done to receive block rewards. Mining: The act of solving a complex math equation to validate a blockchain transaction using computer processing power and specialized hardware. Mining contract: A method of investing in bitcoin mining hardware, allowing anyone to rent out a pre-specified amount of hashing power, for an agreed amount of time. The mining service takes care of hardware maintenance, hosting and electricity costs, making it simpler for investors. Mining rig: A computer specially designed for mining cryptocurrencies. Mooning: A situation the price of a coin rapidly increases in value. Can also be used as: “I hope bitcoin goes to the moon” Node: Any computing device that connects to the blockchain network. Open source: The practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone. OTC: Over the counter. Trading is done directly between parties. P2P (Peer to Peer): A type of network connection where participants interact directly with each other rather than through a centralized third party. The system allows the exchange of resources from A to B, without having to go through a separate server. Paper wallet: A form of “cold storage” where the private keys are printed onto a piece of paper and stored offline. Considered as one of the safest crypto wallets, the truth is that it majors in sweeping coins from your wallets. Pre mining: The mining of a cryptocurrency by its developers before it is released to the public. Proof of stake (POS): A consensus distribution algorithm which essentially rewards you based upon the amount of the coin that you own. In other words, more investment in the coin will leads to more gain when you mine with this protocol In Proof of Stake, the resource held by the “miner” is their stake in the currency. PROOF OF WORK (POW) : The competition of computers competing to solve a tough crypto math problem. The first computer that does this is allowed to create new blocks and record information.” The miner is then usually rewarded via transaction fees. Protocol: A standardized set of rules for formatting and processing data. Public key / private key: A cryptographic code that allows a user to receive cryptocurrencies into an account. The public key is made available to everyone via a publicly accessible directory, and the private key remains confidential to its respective owner. Because the key pair is mathematically related, whatever is encrypted with a public key may only be decrypted by its corresponding private key. Pump and dump: Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit) which essentially result in a phenomenon where the significant surge in the value of coin followed by a huge crash take place in a short time frame. Recovery phrase: A set of phrases you are given whereby you can regain or access your wallet should you lose the private key to your wallets — paper, mobile, desktop, and hardware wallet. These phrases are some random 12–24 words. A recovery Phrase can also be called as Recovery seed, Seed Key, Recovery Key, or Seed Phrase. REKT: Referring to the word “wrecked”. It defines a situation whereby an investor or trader who has been ruined utterly following the massive losses suffered in crypto industry. Ripple: An alternative payment network to Bitcoin based on similar cryptography. The ripple network uses XRP as currency and is capable of sending any asset type. ROI: Return on investment. Safu: A crypto term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted “Funds are safe." “the exchage I use got hacked!”“Oh no, are your funds safu?” “My coins better be safu!” Sats/Satoshi: The smallest fraction of a bitcoin is called a “satoshi” or “sat”. It represents one hundred-millionth of a bitcoin and is named after Satoshi Nakamoto. Satoshi Nakamoto: This was the pseudonym for the mysterious creator of Bitcoin. Scalability: The ability of a cryptocurrency to contain the massive use of its Blockchain. Sharding: A scaling solution for the Blockchain. It is generally a method that allows nodes to have partial copies of the complete blockchain in order to increase overall network performance and consensus speeds. Shitcoin: Coin with little potential or future prospects. Shill: Spreading buzz by heavily promoting a particular coin in the community to create awareness. Short position: Selling of a specific cryptocurrency with an expectation that it will drop in value. Silk road: The online marketplace where drugs and other illicit items were traded for Bitcoin. This marketplace is using accessed through “TOR”, and VPNs. In October 2013, a Silk Road was shut down in by the FBI. Smart Contract: Certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights. Software Wallet: A crypto wallet that exists purely as software files on a computer. Usually, software wallets can be generated for free from a variety of sources. Solidity: A contract-oriented coding language for implementing smart contracts on Ethereum. Its syntax is similar to that of JavaScript. Stable coin: A cryptocoin with an extremely low volatility that can be used to trade against the overall market. Staking: Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards. Surge: When a crypto currency appreciates or goes up in price. Tank: The opposite of mooning. When a coin tanks it can also be described as crashing. Tendies For traders , the chief prize is “tendies” (chicken tenders, the treat an overgrown man-child receives for being a “Good Boy”) . Token: A unit of value that represents a digital asset built on a blockchain system. A token is usually considered as a “coin” of a cryptocurrency, but it really has a wider functionality. TOR: “The Onion Router” is a free web browser designed to protect users’ anonymity and resist censorship. Tor is usually used surfing the web anonymously and access sites on the “Darkweb”. Transaction fee: An amount of money users are charged from their transaction when sending cryptocurrencies. Volatility: A measure of fluctuations in the price of a financial instrument over time. High volatility in bitcoin is seen as risky since its shifting value discourages people from spending or accepting it. Wallet: A file that stores all your private keys and communicates with the blockchain to perform transactions. It allows you to send and receive bitcoins securely as well as view your balance and transaction history. Whale: An investor that holds a tremendous amount of cryptocurrency. Their extraordinary large holdings allow them to control prices and manipulate the market. Whitepaper: A comprehensive report or guide made to understand an issue or help decision making. It is also seen as a technical write up that most cryptocurrencies provide to take a deep look into the structure and plan of the cryptocurrency/Blockchain project. Satoshi Nakamoto was the first to release a whitepaper on Bitcoin, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in late 2008. And with that I finally complete my odyssey. I sincerely hope that this helped you and if you are new, I welcome you to crypto. If you read all of that I hope it increased, you in knowledge. my final definition: Crypto-Family: A collection of all the HODLers and crypto fanatics. A place where all people alike unite over a love for crypto. We are all in this together as we pioneer the new world that is crypto currency. I wish you a great day and Happy HODLing. -u/flacciduck feel free to comment words or terms that you feel should be included or about any errors I made. Edit1:some fixes were made and added words.
Hey guys, total n00b here, so be gentle. I made the mistake of investing in 3D printing back in 2012 at the peak and have lost about 80% of that investment. It's only a small portion of my total holdings, so I've pretty much assumed this is all lost. Have about $550 in holdings I'm looking to reinvest in crypto. See it as a high-risk, high-reward area I can recoup my losses as well as get my toes wet in the new tech (which I am finding may not be a total sham). Looking for suggestions for where to begin. Open to any and all feedback. Please and thank you!
The easiest way to trade Bitcoin is at WazirX - Bitcoin Exchange for India WazirX is the most trusted Indian and global crypto exchange which is partner of Binance exchange, world's largest cryptocurrency exchange by daily trading volume. More than 100 cryptocoins available in WazirX exchange. It has low trading fees and you can pay the trading fees in WRX(native coin of WazirX exchange). INR deposits available through UPI/IMPS/NEFT and RTGS. There is no fees and limit for INR deposit. Minimum withdrawal is Rs. 1000 upto Rs. 5 lakh per transaction. No fees for INR withdrawal as well. Now WazirX exchange is available globally also. You can trade Bitcoin and other Cryptocurrencies at WazirX if you are residing outside India too.
Fungibility Sending 1 "tainted" Nano to Binance hot wallet would "wash" it by making it meld with all other coins in the wallet. Same as Bitcoin. However, up to the point of sending, that 1 Nano had a history which can be used by an exchange or any other entity to treat it differently which is the matter that defines fungibility. When you pick up a dollar bill on the street, you have no idea where it went before. That bill is fungible. When you pick up any cryptocoin other than Monero and it's clones, and move it to your wallet, with that coin (technically, with that UTXO) you have it's complete history: complete history of movement from one wallet to another, from the moment it was mined, to the end of the world (or a coin burning event). Even if coins aren't yours, you can still track their movement. Nano bounds to this rule as well as 99.9% all other coins. NANO had solved the problem of consensus (DAG), the problem of PoW (making it completely distributed), and the problem of distribution. NANO had also solved the problem of coin creation, by (metaphorically speaking) closing the Chamber of Guf, and not allowing any new coins/souls to be created. On the other hand, Monero (XMR) had solved the problem of practical fungibility, at the cost of complexity and practical scalability problems. Non-mining nodes aren't incentivized to waste bandwidth, disk space, and CPU power to decrypt blocks for third parties. Bandwidth use and processing power would impose a great cost on nodes. Using remote nodes breaks some of the privacy. It's not easy to use Monero for quick purchases in close succession. It's impossible to "stream money" using Monero. And it's blockchain always grows. There's no UTXO set, no possibility of storing just the UTXOs instead of whole chain. Bitcoin's Lightning Network is extremely complex and requires paying on-chain fees for opening and closing of channels. The channels themselves are volatile, unstable, and require trusting "watchtowers" not to lose balance. As Bitcoin's usage grows, fees will skyrocket and make using it impossible. Therefore, making NANO fungible, I think, would be the most important thing in history of money. Because we will finally have actual digital cash, where each transaction is immediate, final and irreversible, scalable to the entire world.
The easiest way to trade Bitcoin is at WazirX - Bitcoin Exchange for India WazirX is the most trusted Indian and global crypto exchange which is partner of Binance exchange, world's largest cryptocurrency exchange by daily trading volume. More than 100 cryptocoins available in WazirX exchange. It has low trading fees and you can pay the trading fees in WRX(native coin of WazirX exchange). INR deposits available through UPI/IMPS/NEFT and RTGS. There is no fees and limit for INR deposit. Minimum withdrawal is Rs. 1000 upto Rs. 5 lakh per transaction. No fees for INR withdrawal as well Now WazirX exchange is available globally also. You can trade Bitcoin and other Cryptocurrencies at WazirX if you are residing outside India too
LOOKING FOR WHERE TO STORE YOUR BITCOIN? ATOMIC WALLET GOT YOU THE BEST!
INTRODUCTION The industry is lacking this provision which is very important seeing the malfunctions of the existing exchanges. To restore the trust and the quality in all the operations that is given to users, the ATOMIC WALLET is therefore created. It is going to secure the funds of the users and give them a chance trade in a more secured and beneficial way through the wallet that is provided. Then it will introduce a new swap features for various users to interchange their assets. ABOUT THIS PLATFORM This is an entirely new innovation of wallet that is very interesting to use due to its decentralised feature, swapping options and it's ability to perform exchange functions. It performs all forms of services for users and also has its own AWC token that is easy to acquire and use in the ecosystem. The wallet is also a swap wallet that is very fast in converting one form of coin to another and it does it in a very quick way (autonomously). To allow easy usage, it has been compressed into an app that can be installed on Mac devices, Androids and other types for all type or category of users to enjoy. STORE YOUR BITCOIN IN ATOMIC WALLET Bitcoin is the the foremost of the cryptocoins then followed by altcoins. These coins needs valuable wallets to store them. And the best you can do for your crypto investments is to store them in a good and secured wallet. One of these wallets is Atomic wallet. With Atomic wallet, you can store your bitcoin and other altcoins. THE FEATURES AND COMPONENTS OF ATOMIC WALLET. One of the spectacular thing about this wallet is that it is able to support a great number of tokens and coin thus giving users a wide range of options to trade all forms of cryptocurrencies in such a transparent medium and reduce the stress involved in doing that. This capability however doesn't impair its security in anyway meaning that users fund is safe in it. It fosters difficult kinds of operations for an individual using it like enabling them to safely recieve assets from other users into this wallet, to transfer funds import assets into a new wallet securely with the private keys alone and to achieve the safe storage of keys in an encrypted space that prevents them from being lost. With so many users facing synchronization problem due to the activities of the blockbuster chain, this wallet is therefore structured on a Simple Payment Verification to avoid that. Buy Bitcoin here: http://atomicwallet.io/bitcoin-wallet For other Assets: atomicwallet.io/ripple-wallet atomicwallet.io/eos-wallet atomicwallet.io/buy-bitcoin atomicwallet.io/buy-ethereum atomicwallet.io/buy-binance-coin atomicwallet.io/bitcoin-price atomicwallet.io/ethereum-price atomicwallet.io/ripple-price atomicwallet.io/bitcoin-price-prediction atomicwallet.io/ethereum-price-prediction
The Reddit Picks My Coins Experiment: I will invest $200-$400 of my own money on a basket of cryptocurrencies selected by reddit upvotes
Hi everyone! I have a crazy idea: I'm going to let Reddit pick a basket of cryptocoins for me, which I'll then buy with my own money. Specifically, depending on the number of suggestions and upvotes received, I will invest $20-$25 each in between 10 and 20 coins. Voting will close in two weeks, at midnight Eastern Time on May 1, 2018. The purpose of this thread is to pick the coins. Suggest a coin in the comments below--only one coin per comment, though. If you name more than one coin in a comment, then only the first one you name counts. Your comment should also include a link to the coin's page on CoinMarketCap, and a brief explanation for why you think I should pick it. So, ideally, your reply will look something like this:
I think you should pick Bitcoin because it's the biggest one.
Additionally, here are a few rules for the coins that will be included:
The coin (or token) must be available from major exchange (e.g., Binance, Kraken, KuCoin, TradeSatoshi, or similar).
The coin may not make obviously fraudulent statements on its website (e.g., "Turn lead into platinum! Earn 40% in profit per month, guaranteed!")
The coin must not be designed for what is in my judgment an immoral purpose (e.g., propping up the Venezuelan government, enabling state surveillance by authoritarian governments, funding ISIS, etc.)
This post must get at least 50 upvotes, and receive at least 20 suggestions before I will buy anything.
I will pick the coins based on the suggestions and upvotes submitted as of 12am EDT on May 2, 2018.
So, tell me, what should I buy? Edit: I should have added, I promise to hold anything I buy for at least 3 months, and to post updates at least monthly for the duration of the experiment. Edit2: Number of upvotes required lowered from 200 to 50--to be clear, that's 50 upvotes for the whole post, not for individual comments. Right now, it's nowhere near that, though. Edit3: OMFGWTFBBQ, I am not asking anyone to do research for me; I'm asking to be shilled. I'm going to be researching all of the top-voted suggestions to make sure that they comply with Rules 1-3 above. If you don't like this idea or this post, that's fine, but please be clear that I'm doing this for fun only. I'm not expecting this to be a serious money-making investment--if this makes money, then great; if it doesn't, oh well. I make my own decisions when making serious investments, using my own independent research. This isn't that.
ULTIMATE CRYPTO FAUCET LIST - Abraham Lincoln and a cool list of cryptocurrency faucets for you and your shibe.
Four score and a couple of months ago a few crypto-faucet winners and losers popped up in my browser... SOME WERE THE BEST HOT DAMN FREE BITCOIN FAUCETS that a person could find and well some were not as fast...During the last decade the worlds developers and programmers brought forth on this planet the crypto-faucet in many different forms. Are all faucets created equal? They are not... Alright I know this isn't the Gettysburg address but who doesn't love Lincoln? Here I have compiled The best Fun and Profitable Cryptocoin Faucet List for you. If you like this list you may use it to sign up for these great faucets and claim Bitcoin as well as many different Altcoins. These are referral links so I might get some fantastic referrals like you in exchange for creating this hopefully useful list. One thing you will need is patience, if you are going to try to get some bitcoins or altcoins for free. it's not really free basically you are being given a very tiny amount of crypto-currency for watching internet advertising or for competing in games or challenges. There are also places you can get paid in Cryptocurrency for completing surveys or doing small tasks. As with anything on the internet you use these at your own risk and do be careful out there in faucet land. Some of these pages have third party advertisers that will have some pretty crazy s**t pop up on you. If you do want to go wandering around in faucet land, Here are some of my favourite bitcoin and altcoin faucets; These are a few of the best i've found for Bitcoin! FREE BITCO.IN - this one pays out daily interest once you have a high enough balance The next seven faucets listed are for COINPOT a handy collector for your faucet claims. They payout quite quickly once you reach minimums. MOON BITCOIN BITFUN BONUS BITCOIN: HINT; this one is great on it's own but it's even better if you find the settings and always claim the average amount! Unless you hit the jackpot this will always bring you more coins over the long run. If you prefer Altcoin faucets these are very wOw! <3 MOON BITCOIN CASH MOON LITECOIN MOON DASH MOON DOGE! MEGA WOW! MUCH SHIBE THANKS! WOW wow WOW MORE DOGE AT FREEDOGE COIN BYTECOIN: tHe recently PINK CRYPTO Here is a site that GETS BONUS POINTS for having a funny name You can claim bitcoin quite often but it takes a long time to reach the threshold unless you have referrals. That's where you come in my friend please help me out and become a referral. Thank you very much! :-) BITCOINKER! - update NOT PAYING as of July 2019 site admin please pay up! Or another site you will need much patience to get a little EtherEum; eThErEuM FAUCET There are some sites that have games! and pay a little bit of coins for hanging out and playing some games. cool. CHOPCOIN BITFUN LOOTBITS! reviews not good probably scam - If you like to claim quite a bit,do surveys, or get free coins through chat you might want to try: FAUCETHUB They give away quite a bit of free Potcoin (POT) as well as other coins such as DOGE and PRIMECOIN If you like Faucethub and it's owner (s)he has another site that pays you for shortening your links: BTC-LINK SHORTENER And this strange little crypto-game(?) is the one featured in the image for this post. While you can deposit to make the 'game' go faster you can also play for free and have the option of earning coins in other ways. WEIRD LITTLE CRYPTO FARM GAME - - after "researching" this one it is probably a "loser" based on reviews found on various forums. That said I'm hangin' in there for now to see what happens. CLOUD MINE FOR FREE - ON EOBOT if you are so inclined. You will need to either claim from their faucet everyday and put it into GHS rental or transfer funds from other faucets to get started just message me here if you are having trouble. This faucet claiming and "cloud mining" is all very experimental and profits are very small. At the end of the day; PERHAPS IT IS BETTER JUST TO OUTRIGHT BUY COINS - Through this exchange BINANCE Who knows if anyone is really making much on this stuff or not. Join one or join them all the more the merrier. So that's the list. I hope all you faucet seekers or curious browsers find it useful and or interesting. Good luck out there and if you have any questions about any of them please feel free to message me. All the best in your search for freedom and equality! *don't forget to upvote!
WAVES is decentralized, blockchain based platform, which can be used for trading and various other exchanges. The platform is fueled by the cryptocurrency of the same name - WAVES.
It allows not only usage of various other cryptocurrencies for transactions but also give you the option of creating your own customized cryptocurrency using this platform. It also allows the usage of Smart Contracts.
The transactions on this platform can be done using the chosen token, but the fees of the transaction have to be paid using the WAVES cryptocoins.
WAVES was created by the Russian physicist, Alexander Ivanov, and officially launched in November 2016. Creation of own crypto-coins and Decentralized Apps (DApps) has been possible ever since the launch of the network.
#2 - What are the Benefits of Waves?
Technology:
The Waves platform uses the language Scala, and uses the proof-of-stake (PoS) consensus model. It uses an algorithm - WAVES-NG - to ensure safe gateways and fast transactions. It has incorporated not only other cryptocurrencies such as Bitcoin and Ethereum, but fiat currencies as well.
The transactions are currently done using peer-to-peer transactions, which ensure that there is no middle-man involved.
Like other cryptocurrencies, Waves is a blockchain based platform, which ensures that network is decentralized and not constrained to a single server, and is available for all to view. The information is stored in ledgers, and cannot be modified or deleted.
Waves not only allows building of own crypto tokens but also allows you to store them in your own wallet. The wallet also allows you to store other tokens, as well as provides safe gateways to fiat currencies. Smart Contracts can be used for transactional processes. They allow users to set terms for the contracts, and the contracts are only executed when the conditions have been met. While the contracts are Non-Turing unlike Ethereum, they are a safe way to ensure that all parties involved delivering.
Transactional Process:
WAVES provides a safe method for trading, currency exchange, and other transactions by the usage of Smart-Contracts, which are executed only when the terms given are completed. Smart Contracts cannot be changed without the consent of both parties.
DEX, or Decentralized Exchanges can function using the WAVES platform. This allows for other cryptocurrencies to be exchanged for WAVES tokens, and even exchange between different cryptocurrencies as well. The funds are transferred to the wallet and allows for transactions and withdrawals at will.
Creation of tokens can be done using the WAVES platform. These tokens can be used in the ecosystem that you have created them for, and all transactions can be done using them. However, transaction fees have to be paid using the WAVES cryptocurrency.
Adoption:
According to Forbes, WAVES will soon become the fastest decentralized platform internationally. This alone speaks volumes about its application in the corporate world.
DEX itself can be used for various exchanges. It ensures that the information is not kept only on one server, but is distributed to the public. It allows for cheaper and fixed rates and ensures that the transactions are done quickly.
Smart Contracts ensure that no party is at loss during the deal. Creation of own cryptocurrency with fixed values for fiat currency can be used to create a virtual ecosystem, and the tokens can be exchanged for rewards or money.
Use of peer-to-peer transaction ensures that the need of a middle man, and the unnecessary cost associated with them, is eliminated.
Value Proposition:
Waves has become popular as it allows the creation of new cryptocurrencies on its platform. This can be used to create many self-sustaining ecosystems, as well as reward systems.
It is a fast and safe method for transactions and exchange. Usage of Smart Contracts, peer-to-peer transactions, and DEX ensures that all transactions are recorded.
Usage of gateways for fiat currency ensures that the transactions between crypto and fiat currency is done securely.
Waves has its own wallet which enables users to store both the existing cryptocurrencies, as well as the cryptocurrencies created by them.
#3 - How to Buy and Store WAVES?
How to buy Waves
WAVES can be purchased from major cryptocurrency exchanges Bittrex, Binance, by using both fiat currency and using cryptocurrencies like BTC and Ethereum. It is, however, most often paired with other cryptocurrencies, making fiat purchases difficult.
CoinSwitch, best cryptocurrency trading platform is an ideal resource to exchange your cryptocurrencies for WAVES, as it shows multiple exchange rates, allowing the user to select the best possible option, as well as allows storage of virtual currency in one’s own wallet.
Exchange and purchase of WAVES can also be done using the WAVES platform, which provides a safe gateway.
Storing Waves
WAVES has its own wallet, which goes by the fairly obvious name of Waves Wallet. It allows for storage of not only the WAVES Token, but also one’s own cryptocurrencies. It also allows incorporation of other popular cryptocurrencies, such as Bitcoin, Ethereum, etc.
#4 - What is the future of Waves?
WAVES is well on its way to becoming one of the more popular cryptocurrencies. It has many benefits, including usage of the WAVES platform to create own tokens, which makes it a good choice for the creation of self-sustaining ecosystems. Companies such as Microsoft are willing to use the WAVES platform on Azure. Other partners include Deloitte and National Settlement Deposit.
Abraham Lincoln, A Fun List of Cryptocurrency Faucets and Gaming for Coins!
Four score and a couple of months ago a few crypto-faucet winners and losers popped up in my browser... SOME WERE THE BEST HOT DAMN FREE BITCOIN FAUCETS that a person could find and well some were not as fast...During the last decade the worlds developers and programmers brought forth on this planet the crypto-faucet in many different forms. Are all faucets created equal? They are not... Alright I know this isn't the Gettysburg address but who doesn't love Lincoln? Here I have compiled The best Fun and Profitable Cryptocoin Faucet List for you. If you like this list you may use it to sign up for these great faucets and claim Bitcoin as well as many different Altcoins. These are referral links so I might get some fantastic referrals like you in exchange for creating this hopefully useful list. One thing you will need is patience, if you are going to try to get some bitcoins or altcoins for free. it's not really free basically you are being given a very tiny amount of crypto-currency for watching internet advertising or for competing in games or challenges. There are also places you can get paid in Cryptocurrency for completing surveys or doing small tasks. As with anything on the internet you use these at your own risk and do be careful out there in faucet land. Some of these pages have third party advertisers that will have some pretty crazy s**t pop up on you. If you do want to go wandering around in faucet land, Here are some of my favourite bitcoin and altcoin faucets; These are a few of the best i've found for Bitcoin! FREE BITCO.IN - this one pays out daily interest once you have a high enough balance The next seven faucets listed are for COINPOT a handy collector for your faucet claims. They payout quite quickly once you reach minimums. MOON BITCOIN BITFUN BONUS BITCOIN: HINT; this one is great on it's own but it's even better if you find the settings and always claim the average amount! Unless you hit the jackpot this will always bring you more coins over the long run. If you prefer Altcoin faucets these are very wOw! <3 MOON BITCOIN CASH MOON LITECOIN MOON DASH MOON DOGE! MEGA WOW! MUCH SHIBE THANKS! WOW wow WOW MORE DOGE AT FREEDOGE COIN BYTECOIN: tHe recently PINK CRYPTO Here is a site that GETS BONUS POINTS for having a funny name You can claim bitcoin quite often but it takes a long time to reach the threshold unless you have referrals. That's where you come in my friend please help me out and become a referral. Thank you very much! :-) BITCOINKER! - update NOT PAYING as of July 2019 site admin please pay up! Or another site you will need much patience to get a little EtherEum; eThErEuM FAUCET There are some sites that have games! and pay a little bit of coins for hanging out and playing some games. cool. CHOPCOIN BITFUN LOOTBITS! reviews not good probably scam - If you like to claim quite a bit,do surveys, or get free coins through chat you might want to try: FAUCETHUB They give away quite a bit of free Potcoin (POT) as well as other coins such as DOGE and PRIMECOIN If you like Faucethub and it's owner (s)he has another site that pays you for shortening your links: BTC-LINK SHORTENER And this strange little crypto-game(?) is the one featured in the image for this post. While you can deposit to make the 'game' go faster you can also play for free and have the option of earning coins in other ways. WEIRD LITTLE CRYPTO FARM GAME - - after "researching" this one it is probably a "loser" based on reviews found on various forums. That said I'm hangin' in there for now to see what happens. CLOUD MINE FOR FREE - ON EOBOT if you are so inclined. You will need to either claim from their faucet everyday and put it into GHS rental or transfer funds from other faucets to get started just message me here if you are having trouble. This faucet claiming and "cloud mining" is all very experimental and profits are very small. At the end of the day; PERHAPS IT IS BETTER JUST TO OUTRIGHT BUY COINS - Through this exchange BINANCE Who knows if anyone is really making much on this stuff or not. Join one or join them all the more the merrier. So that's the list. I hope all you faucet seekers or curious browsers find it useful and or interesting. Good luck out there and if you have any questions about any of them please feel free to message me. All the best in your search for freedom and equality!
On February 14, I wrote about the Binance, FET cryptocoins auction. Those users who could buy, earned after selling FET 4-5 times more. Binance holds a new auction. My predictions: with a successful purchase, you can earn on sales of 3-8 times more. Celer - BNB Session Upcoming Start Time: 2019-03-19 If you decide to study this sentence. Please follow my referral link. I will receive your thanks. https://www.binance.com/?ref=26510290 _______________________________________________________________________________ I can manage investments and get income (bankers pay a penny for deposits). But we can invest together. Write me. I'm looking for investors. Now I am looking for investors. When investing until the end of this year, I can give you a profit: 50% per annum. #BTC #bitcoin #ETH #Ether
Can anyone please check and tell me if my steps are correct to buy cryptocoins. First i have to buy bitcoin from coinbase then transfer it to gdax and then to binance ( to save transfer charges ) and then buy coins at binance and transfer it to my wallet. Right? And then in the future when i'm selling i should transfer it to Qaudrigacx and sell. As i'm in Canada.
Young and Challenging Crypto Currency in 2018 https://preview.redd.it/7c8r0v5a77t11.jpg?width=960&format=pjpg&auto=webp&s=83ac6c7c2fbaa2f6bbddf3d304f65ba21a78843c One of the fastest ways to earn today is to acquire crypto currency. It is important to understand that other investment options will not yield such revenues. Given the popularity of such currency, in 2017 the price of coins rose sharply. Today the topic of digital money continues to interest a large number of people, so let’s consider what the most promising cryptocoins you can invest in 2018 and make a profit. At the beginning the most popular Bitcoin crypto currency did not cost much, and it was known to only a few people. And those who invested in bitcoin at the beginning, received a huge profit. Today, the crypto-currency will no longer bring much profit, as new young tokens can do. When investing in them, there is a chance to get a good profit. In 2018, many experts predict an incredible rise in the entire market of crypto-currencies. It's time to get acquainted with the new possible conquerors of the electronic money world. And in our interests to be one of the first in the system, when there will be a jump up. Of course, as with any investment, there are always risks of losing funds. So, here is a small list of young startups that are growing rapidly and will continue their growth in the future: Cardano, Tron, EOS, SIACOIN, Verge, Stellar Lumens, Nextcoin. Soon, most of these coins will launch the main network and go to personal blockchain. Cardano is an open project with high security system. According to analysts, it is a promising platform for long-term cooperation. Tron is a project for online entertainment. It is a platform with quality entertainment content. EOS is based on the Ethereum platform. It uses the principle of multitasking. This is a system with the possibility of modernization. It has high transaction speed. SIACOIN –is a cloud data storage with high asset protection in case of system failure. Verge is a safe and anonymous coin. Stellar Lumens has free access to transactions without intermediaries. Reducing waste means increasing profits. Nextcoin is a decentralized system. The code was created from the ground up, which helped to solve the problem of imperfections of previously created cryptocurrencies. These crypto-coins can be purchased at Binance, one of the largest exchanges on crypto-currency in the world. To find for yourself a more interesting object of investment, you can rely on the above options. However, we should not forget that the crypto-currency market is constantly replenished with new coins. Watch for news and relevant information in the world of electronic money.
Wenn Sie sich gerade entschieden haben, in die Welt der Kryptowährungen einzusteigen, müssen Sie einen wichtigen Aspekt kennenlernen, der weitaus wichtiger ist als Ihre Trading-Fähigkeiten und das ist Sicherheit! Ethereum, Bitcoin und alle anderen Kryptos werden in digitalen Cloud-wallets aufbewahrt oder auf Ihrem Computer hinterlegt. Cold storage könnte die beste Option für Sie sein. Cold Storage in der Krypto-Währungsindustrie bezieht sich auf einen sicheren Weg, um Ihre Kryptos, eine sichere Offline-Methode zu halten. Wenn Sie Ihre digitalen coins vom Internetzugang fernhalten, werden die Bedrohungen deutlich reduziert und die Möglichkeit dass jemand Ihre Kryptoreserve stehlen könnte es ist deutlich minimiert. Um mehr auf den Punkt zu bringen, im Gegensatz zu Hot Wallets, wo Ihr privater Schlüssel online gespeichert ist und vollständig von der Serviceplattform bedient wird, Cold Wallets speichert Ihren privaten Schlüssel offline und wird in den meisten Fällen manuell bedient. Hot Wallets repräsentieren einen sich verändernden Markt, da sie einfach zu erstellen und zu behalten sind, aber für ihre Anfälligkeit gegenüber Cyberkriminalität berüchtigt sind. Hier eine Liste mit einigen der beliebtesten:
Wenn man sich auf Cold Storage Wallets bezieht, die wichtigsten Beispiele sind die Hardware Wallets. Diese bestimmte Wallet kommt auf einem USB-Gerät und erlaubt es Ihnen, das Gerät technisch einzurichten und einen digitalen Ordner zu erstellen, der Ihre Kryptos sicher und offline hält. Hier einige Beispiele für sichere Lösungen:
Software-Wallets, die dauerhaft vom Internet getrennt sind
Die Krypto-Welt entwickelt sich jedoch weiter, und heutzutage müssen Sie sich nicht einmal mehr um den technischen Teil oder die Konfiguration kümmern; lizenzierte Plattformen wie CryptoCoin.pro oder BitCanuck.ca speichern die meisten Münzen in ihren eigenen, selbstkonfigurierten Multi-Sign Cold Wallets. Auf diese Weise werden die Münzen sicher aufbewahrt und der Benutzer wird von allen technischen Aspekten befreit. Cryptocurrency cold storage ist eine geniale Lösung In Anbetracht der Tatsache, dass der Krypto-Währungsmarkt von Tag zu Tag wächst, ist der wichtigste Aspekt, Ihre digitalen Münzen sicher und fern von möglichen Eindringlingen wie Lösegeld oder Keyloggern zu halten. Die beste offline Krypto-Lösung? Cold wallets. Mit diesem Produkt, selbst wenn Ihre CPU angegriffen wird oder ein Konvertierungsserver kompromittiert wurde, scheint Ihr Offline-Gerät der beste Weg für Ihre Kryptos zu sein. Holen Sie sich Ihre eigene Offline-Wallet mit nur wenigen Klicks auf BitCanuck. Cold storage hat verschiedene Sicherheitsstufen, was bedeutet, dass selbst bei einer Online-Verbindung für Transaktionen nur geringe Chancen bestehen, dass Ihre privaten Schlüssel von einem Eindringling gestohlen werden. Um die Sicherheit ihrer digitalen Münzen zu gewährleisten, wechseln immer mehr Anwender zu dieser Lösung. Die gute Nachricht ist, dass, wenn Sie bereit sind, in fehlerfreie Geräte zu investieren, der Markt für cold wallets feste Lösungen bietet an. Warum Sie Ihre Kryptos nicht online, sondern offline speichern sollten Wenn es um Cryptos-Konvertierungsplattformen geht, sind hot und cold Wallets die Begriffe, die Sie treffen werden. Beides sind Sicherheitsmaßnahmen, die von den Krypto-Währungsumwandlungsplattformen festgelegt werden, um die Ressourcen des Benutzers vor möglichen Angriffen zu schützen. Es ist bekannt, dass, wenn etwas online verbunden ist, auch angreifbar wird; aber wenn Sie sich entscheiden, eine kleine Anzahl von digitalen Münzen in einer hot wallets zu behalten, ist das nicht unbedingt riskant, denn im allgemeinen würde kein Hacker seine Zeit und Ressourcen verschwenden wollen, um kleine Geldbeträge zu stehlen. Ein weiterer wichtiger Sicherheitsaspekt, der in Betracht gezogen werden sollte, ist die Aufbewahrung Ihrer Kryptos in mehreren Portemonnaies, entweder wenn diese wallets cold oder hot sind. Benötigen Sie Hilfe bei der Entscheidung für eine Hardware-Wallet Lösung? Start jetzt entweder mit einem physikalischen Laufwerk wie Ledger Nano S, das robuste Sicherheitsfunktionen bietet oder einfach innerhalb weniger Minuten mit BitCanuck's Krypto-Diensten starten. Mit der Online-Registrierung haben Sie alle Ihre Assets sicher offline, kostenlos und ohne technisches Wissen gespeichert.
Cryptocurrencies on pace to close volatile trading week positive following Ethereum Classic addition to Coinbase Index Fund and the launch of the BOLT privacy overlay for Zcash on the lightning network
Developments in Financial Services
Binance is launching a JV with Liechtenstein Cryptoassets Exchange (LCX) to launch a fiat to cryptocurrency exchange, Binnace LCX. The exchange/platforming will be based in Liechtenstein and offer trading between Swiss Francs (CHF) and euros (EUR) against major digital currencies pairs with the potential for new trading pairs in the future.
bloXroute Labs, along with a partnership with a team of student at Northwestern University, are experimenting with a trustless scheme to address the scalability limitations of Bitcoin’s P2P platform. At the moment, with the Lightning Network, Bitcoin transactions capacity is capped at 82 BTC. According to Sarit Markovich, professor of strategy at Kellogg School of Management at Northwestern University, the bloXroute solution is scaling at 100x better and are targeting 1,000x.
BOLT, a privacy overlay for the lighting network that will be applied to zcash, was formally launched on Github today. BOLT will obscure transaction, balances and sendereceiver identities. The BOLT upgrade to the zcash protocol is considered a soft fork.
Coinbase, according to CEO and co-Founder Brian Armstrong in an interview with Bloomberg, is adding 50k new users a day. Assuming this run-rate, it implies Coinbase will add 350k new users a year.
DGE, a South Korean blockchain developer, who launched its native cryptocurrency TMTG a few weeks ago that is linked to value of gold is attempting to partner with global gold exchanges (after agreements with the Korea Gold Exchange and Vau Diamond Exchange) to create a stable ecosystem for TMTG. In the opinion of DGE, many cryptocurrency developers do not consider the stability of their coins and its impact to the ecosystem these cryptocurrencies support.
Ethereum Classic is +18% this morning after crypto’s inclusion into the Coinbase index fund after being added to the Coinbase Pro trading platform. At the moment, Ethereum Classic has a 0.91% allocation in the fund.
Huobi, the Singapore-based cryptocurrency exchange (and third largest cryptocurrency exchange in the world), has announced partnerships with Yatai International Holding Group, Vnesheconombank, Chi Fu Group, Asia International Finance Holdings, and Dbank Group to create cryptocurrency trading exchanges/platforms in the Philippines, Taiwan, Indonesia, and Canada. The five companies will use Huobi’s Cloud service which will provide the different platforms with the tools they need to open their exchanges on a proven framework.
LINE, a Japanese social messaging app, announced that is forming a USD$10mm blockchain venture capital fund. The company believes the decision to create a blockchain venture fund will make LINE one of the first publicly traded companies to formalize token investments through a corporate fund structure.
Pantera Capital announces it has raised USD$71mm for a third cryptocurrency fund. Calling it Venture Fund III, Pantera has already begun to make investments following an allocation to cryptocurrency trading platform Bakkt (that has a JV with ICE).
Ripple Labs continues to focus on expansion plans, even in the face of recent lawsuits from the District Court of California. The lawsuits content that Ripple’s native cryptocurrency, XRP, should be considered a security which the company flatly rejects. In spite of these issues, Ripple Labs remains focused on its overseas expansions plans in Asia and the Middle East.
Ripple Labs has endorsed three cryptocurrency exchanges, Bittrex, Bitso, and Coins.ph as its preferred partners for transactions with Ripple’s xRapid payments system. Management at Ripple Labs is encouraging users in the US, Mexico and the Philippines to use these exchanges while transacting with xRapid. XRapid is a solution for Ripple’s blockchain-based real-time gross settlement system and is meant to facilitate international fiat transfers between financial institutions.
Square announces that customers will be able to buy/sell Bitcoin via its Cash App across all 50 states in the United States.
The Tokyo Stock Exchange (TSE) is publicly expressing concerns about the acquisition of Beat Holdings, listed on the TSE, by Noah Ark Technologies, a Hong Kong-based cryptocurrency frim. The TSE concerns are related to management’s bias to stay away from the cryptocurrency sector.
Regulatory
The Australian Securities Exchange (ASX) is exploring using a distributed ledger technology (DLT) in place of its current clearing house electronic sub-register system. According to Dominic Steves, Managing Director and CEO of the ASX, shifting to a DLT system would save the exchange as much as USD$23bn. A DLT would permit customers to use nodes instead of sending messages and connect to the whole database instead of having to communicate with several different databases and should help eliminate errors.
Bitmain’s upcoming IPO is coming under scrutiny as investors continue to worry about its long-term viability. Specifically, there seem to be concerns about Bitmain’s reserve of Bitcoin Cash which is considered an illiquid position given the daily turnover in current Bitcoin Cash markets. Bitmain’s IPO is currently being valued at USD$18bn.
Bloomberg is reporting that a Bitcoin-based ETN that is listed on Nasdaq Stockholm will begin targeting US investors. The ETN, Bitcoin Tracker One, is listed and traded in Sweden but is now being quoted in USD$. Traders will buy the ETN in a similar way that they buy ADRs where transactions are in USD$ but settlement, clearing and custody will be done in SEK.
General News
Alexander Petersons, product director of cloud mining service Hashtoro.com and self-proclaimed crypto-enthusiast, believes the cryptocoin industry will begin shifting to cleaner and smart mining by taking advantage of local climates to help reduce electricity consumption. While cryptocurrency critics cite costs of crypto mining as an impediment that will limit widescale adoption of digital currencies, Petersons and the team at Hashtoro.com believe the use of clean energy will help address the challenges of scalability.
Bitcoin.com CEO Roger Ver has hinted the online cryptocurrency news publisher may consider an ICO in the future. The topic was brought up during a conversation with one of Bitcoin.com’s lead developers about developing tokens on the Bitcoin Cash blockchain - - Bitcoin.com published a new tool helping aspiring developers to build tokens on the Bitcoin Cash protocol.
A group of researchers/hackers have claimed to have hacked John Mcafee-backed hardware wallet Bitfi. According to its advertising, Bitfi claims to be unhackable. The researchers/hackers claim to have had complete access to a Bitfi wallet for the past two weeks, tracking data being sent out of the wallet while still being connected to the Bitfi servers.
According to a research report by Citrix, 59% of UK companies have been affected by cryptojacking malware. Cryptojacking malware employs its victim’s computational resources without their permission in order to mine cryptocurrencies for the attacker and leads to a wasteful increase in electric power consumption and the slowing down of affected devices. According to Citrix’s research, 80% of the cryptojacking cases took place in the last six months.
Deviant coin releases its whitepaper ahead of the launch of its hybrid decentralized exchange and its open-source hardware wallet. The novelty of Deviant is that it proposed to create rewards within its ecosystems without the typical centralized control of node operators. The Deviant network offers improved speed with stealth addresses for complete anonymity, encrypted messaging for secure communication, low transaction fees, lower confirmation time, and a limited total supply.
The Ethereum community continues to struggle with DApps topping the number of downloads on the blockchain network that are promising investments with high returns that turn out to be fraudulent. As an example, Team JUST, the anonymous development team behind the gambling DApp FOMO 3D is warning that an indentical version of its game is eating up 1/3 of the Ethereum network’s total computational power and raising USD$7mm over the past week.
Genesis Mining, an Iceland-basd hashpower hosting service, is forcing customers to upgrade their Bitcoin mining contracts following this year’s drop in cryptocurrency valuations. The company is discounting the upgrade price of its Radiant service per 1 TH/s to USD$180 from USD$285. In 60 days, Genesis announced it will terminate open-ended contracts that mine less than the daily maintenance fee.
Hash House, a crypto-themed café and workshare space in the city of Xi’an, the capital of Shaanxi Province in China, has recently launched. Among its many features, Hash House will provide visitors with learnings materials on cryptocurrencies and will hose seminars and meetups on different crypto topics.
China News reports that the Hong Kong University of Science and Technology (HKUST) Business School has received a USD$20mm research grant to investigate the security capabilities of electronic payment systems. Partnering with University of Hong Kong (HKU), the Chinese University of Hong Kong (CUHK), and the City University of Hong Kong (CityU), the HKUST-led research initiative will focus on artificial intelligence, network security and blockchain technologies.
During an unofficial discussion with Quartz India, unnamed state official in the Indian government, which is examining the impact of the virtual currency ecosystem.
IBM files updates to a pending patent for managing a databases management system (DBMS) using a blockchain database. The patent was initially filed in December 2017 and covers the idea of connecting a blockchain databases with a traditional central database.
Joe Lubin, the co-founder of Ethereum and ConsenSys, does not see the recent sell-off in cryptocurrencies constraining growth of the crypto ecosystem. In an interview with Bloomberg, Lubin suggested the recent run-up in cryptocurrency valuations is similar the previous six bubbles with each bubble more pronounced than the previous.
Joe Lubin, the co-founder of the Ethereum Foundation, during an interview with Bloomberg, claims Ripple is not a blockchain technology and is not a competitor for Ethereum. In Lubin’s mind, Ripple is a payment system, not a blockchain technology. In the case of EOS, Lubin cautions against its decision-making framework and doesn’t believe it is should be treated as layer-one technology yet.
Users can now be paid to participate on the lightning network nodes. The average fee on the lightning network currently is about 1 satoshi. In comparison, the montly income of using the lightning network has been estimated to be closer to USD$2 for a prominent application developer.
Microsoft recent patent applications suggests the company is looking to use trusted execution environments (TEEs) within its blockchain technology. TEEs are pre-determined types of blockchain or other security protocols in validation nodes. TEEs will help assist in the implementation of consortium blockchain networks and will also assist in verifying blockchain transactions on networks where multiple pre-authorized entities must interact.
Saudi Arabia officials warn citizens in a formal joint statement from the Ministry of Trade & Investment, Ministry of Information and Saudi Arabian Monetary Agency that trading Bitcoin and other cryptocurrencies are illegal in The Kingdom. This press release is in contrast to The Kingdom’s positive disposition to blockchain technology.
Taproot, a protocol overlay for Bitcoin pushed by one of Bitcoin’s most well-known developers Greg Maxwell, will offer a privacy layer which will address Bitcoin critics who believe the benchmark cryptocurrency’s privacy is awful. Taproot, supported by other popular Bitcoin developers, will require the Schnorr upgrade which is still not ready to be implemented. The power of Taproot will be the ability to make smart contract transactions look like any regular Bitcoin transaction, offering anonymity for senders and receivers.
The national government of Vietnam has decided to ban imports of cryptocurrency mining equipment. According to the Ho Chi Minh City Customs Department, 3,664 ASIC devices were imported into the city in C1H2018. The ban of cryptocurrency mining equipment is related to a government investigation into a ICO-fraud that scammed USD$660mm from 32,000 domestic investors. At the moment, cryptocurrencies are outlawed as payments in Vietnam after the Vietnamese Central Bank refused to accept cryptocurrencies as a recognizable form of non-cash payments.
During an interview with Crypto Congressman Jason Hsu, Vitalik Buterin, the co-Founder of the Ethereum Foundation, highlighted his worries about the lack of sustainable applications on the Ethereum blockchain. Buterin is working on a proof-of-stake and charting protocols to help address the current bottlenecks that are preventing widescale adoption of Ethereum. In his opion, privacy concerns remain the biggest hurdle for widespread adoption of Ethereum in the financial sector.
Binance, the most prominent crypto exchange in the world in the cryptocurrency market, has just added to its new p2p trading platform, the fiat currencies of the countries with the most influential economies in all Latin America: Mexico, Brazil, Argentina, Colombia, and Peru.. With this move, they could be looking to take the first step to dethrone Localbitcoins from its place as the world’s ... Cryptocurrency coins listed by market capitalization. Today's prices for the top 100 crypto coins including BTC, ETH, XRP, BCH. LTC and many more. BITCOIN - BLOCKCHAIN - CRYPTOCOINS - FINTECHS. BLOG; KRYPTO-X PREMIUM; COMMUNITY; VIDEOS – TV; BÜCHER; BITPANDA; BINANCE; BITCOIN; Markus Miller ; IMPRESSUM – DATENSCHUTZ; Time for Trust: Wirtschaftsfaktor Blockchain-Technologie! Die Blockchain-Technologie entwickelt sich zunehmend zum Wirtschaftsfaktor. Wie die Studie „Time for Trust“ der Wirtschaftsprüfungs-Weiterlesen. Der Weg zur ... Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume The only catch here is that you can buy only bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash ABC (BCHABC) on Binance using a credit card. The second way to fund your Binance account is by transferring your assets from other exchanges that allow you to buy any altcoin using fiat to Binance’s wallet. Let’s understand this process by pretending that you are ... PoS crypto on Binance is easy! Sign up today with the best crypto PoS platform to earn with our locked & flexible crypto PoS products. Binance Coin (Währungssymbol: BNB) ist mit einem aktuellen Kurs von 24,04 Euro und einer Gesamt-Marktkapitalisierung von 3,55 Milliarden Euro aktuell auf Platz 7 der wertvollsten Kryptowährungen. Binance Coin kann man auf neun von uns geführten Börsen kaufen. Wo kann man Binance Coin kaufen? Binance Coin Kursverlauf; Weitere Informationen; Coins wählen. Bitcoin (BTC) Ethereum (ETH) Tether ...
http://bitcoin-informant.de/2019/03/05/565-binance-100k-fuer-dex-tester-bitcoin-erpressung-mit-mail-betrug-rumaenien-will-sein-gold Hey Krypto Fans, willkomm... Bitcoin is a volatile instrument and can move quickly in any direction. Crypto Oracle is not responsible for any trading loss incurred by following this advice Category Today, we take a closer look at how you can move your crypto assets from your Binance account to your Ledger Live account. Read more about it in this article... Binance coin kopen of verkopen? Uitleg, review en ervaringen over de Binance-exchange, de crypto-exchange met de meeste Altcoins. ⇩ Gratis Bitcoin Cryptocurr... Heute geht's um folgende Themen: Craig Wright muss 50% der Bitcoins an Kleiman abtreten, Binance startet Krypto Kredite & Dash Convention Europe Ticketverlosung. 1.) CRAIG WRIGHT REPORTEDLY MUST ... how to open Binance exchange to buy bitcoin #cryptotradingexchange #binance # howtoopen Binance link: https://www.binancezh.pro/en/register?ref=XW91KRSO buyi... Subscribe Like and Share if this was helpful Follow me on IG I Follow back g @chicago_cryptocoins Follow me on Twitter I follow back tweet and retweet @ChicagoCrypto4 Follow me on Facebook https ... Hoe begin je met Bitcoins, Ether en ander cryptogeld? Hoe kun je investeren in Bitcoins en ander cryptogeld en hoe kun je handelen in Bitcoins? Hier krijg je... Binance Tutorial deutsch In diesem Video erfährst du wie man auf der Plattform Binance Kryptowährungen handeln kann und gegen Bitcoins kaufen und verkaufen k...