How to Invest in Bitcoin in the Philippines - MoneySmart ...

"Read.cash Founder Threatens Ban & Permanent Fund Blacklist of 100 Users by Midnight London Time Tonight" Response from the read.cash founder

(Sorry that I post it here, the letters will be small, it would have been much better on read.cash, but it contains personal attacks on C. Edward Kelso and Shammah Chancellor, so I would have to ban me on read.cash for this post)
This is probably the most personal story I've ever published on the Internet on how your project will come back to haunt you and destroy your mind and your life.
CoinSpice should find enough "juicy" details here to humiliate me even further, I think they still could! I believe in their potential! Should I send you my nudes to post, CoinSpice, for you new article? (No, I'm not a girl, in case you're wondering)
Enjoy it if you like long reads. Warning: it contains quite a few jabs at some people.
So, you might have read this "piece" from afriendofsatoshi C. Edward Kelso Chief editor of CoinSpice https://www.reddit.com/btc/comments/i067py/readcash_founder_threatens_ban_permanent_fund/fznpi0x/
I'm really disappointed in CoinSpice. Anecdote from the past about them: my interview with them was terribly handled. I started the interview with them with "English is not my native language, so feel free to fix any errors you see in my answer", what did they write in CoinSpice? "We were able to determine that he is not a native English speaker" Seriously, "were able to determine", Sherlock?... why did you even need to publish that? To add a bit of a sensation? But this new piece from CoinSpice just breaks through the floor... I'm speechless... If you are ever offered to being interviewed by CoinSpice - run away! Save yourself!

What happened

28 July, 2020
An uneventful day on read.cash, people posting pictures of flowers, telling stories how they met their spouses, doing contests about who will sponsor whom, posting articles about teamwork and interviews with prominent Bitcoin Cash figures. Seriously, read.cash guys interviewed tons of Bitcoin Cash supporters (After the interview with CoinSpice I never gave anoter interview to anyone fearing it will be exactly unprofessional as CoinSpice - trying to get every little dirt the could dig out there)
micropresident (the guy who does not yet know he's going to, very professionally, like a normal stable developer he is, later go on to tell me "fuck read.cash") publishes a contest where he calls for memes that contain the following phrases: "Amaury the Socialist Dictator", "Marc De Mesel is Calvin Ayre Lite") promising up to 2 BCH in return (I believe, I didn't read his rules) for these memes.
Since a lot of read.cash users are from Philippines, Nigeria and other poor countries, where $300 is a lot of money (maybe something you will make in a year), people proceed to create these memes.
This goes directly against the rules of the site that everyone must agree before they sign up, directly violating the rule: "No name-calling, trash-talking, personal attacks or insults."
I log in to read.cash and notice the homepage full of low quality posts attacking Amaury, Marc, ABC, upvoted to no end, tons of boosted posts and Shammah giving $$ left and right for this stuff.
I publish 2 responses where I tell people to remove the memes that contain personal attacks or face a ban. https://read.cash/@Read.Cash/the-state-of-things-33c3d68a and https://read.cash/@Read.Cash/post-a4935cbd
Most of the people agreed and removed the offending memes and had no problem with it, many said they were sorry.
u/micropresident in a very professional manner proceeds to tell us to "fuck [ourselves]" and tells he's building a clone (non-moderated I presume). He also quotes us very calmly and professionally adding: "Complete bullshit" referring to rules of read.cash
CoinSpice proceeds to publish the "celebrity upskirt" kind of article "Read.cash Founder Threatens Ban & Permanent Fund Blacklist of 100 Users by Midnight London Time Tonight". Emphasis mine, I just can't stand this kind of language... this is yellow press at best. It only lacks "Reason #2 will shock you!" in the title...
So, back to the story.

Why do we even have this rule?

Is it because I'm an egomaniac that hates people? Is it because I'm secretly funded by BSV? Is it because Marc de Mesel donated nearly $100,000 to the fund? Is it because I love censoring people?
No, no and no.
It's because I want Bitcoin Cash adoption. I frankly wanted Bitcoin adoption since 2013, alas, the tiny blocks and huge fees won't allow that. So I had to switch to Bitcoin Cash which kept Bitcoin idea going.
Do you have a friend that is not deep into cryptocurrency? Tell him/her to join the Crypto Twitter. They will look at it for five minutes and tell you: "Are you crazy? These people are constantly attacking and mocking each other. What if I do something wrong? Why are they doing it? Are they mentally ill? Is this really the money of the future?"
This will be his answer for nearly every site or platform that talks about cryptocurrency.
It's everywhere. But with Bitcoin Cash somehow it's very ingrained into the nature. I understand, Bitcoin Cash was attacked so often that it became a second nature of some people to attack everything they don't like.
Don't like Amaury? Let's attack him! Why? Don't care! I just don't like him!
Don't like Marc de Mesel? Let's attack him!
Don't like CSW and Calvin? - Let's attack them. - But why? They don't do anything bad to us now. - Wait, are you one of THEM? Let's attack or you'll be attacked! Fuck you, you and you and read.cash, fuck yeah! Attaccckkk!!!
This all seems totally crazy to a newcomer.
But what do we want to achieve with read.cash? Getting newcomers to use Bitcoin Cash. Without the drama or craziness. Just some flower pictures.
Up until 28 July, 2020 this was the case. People were posting innocent pictures, got payments from the fund, tipped each other, sponsored each other, yelled at me for not getting paid enough.
Occasionally, we had some dissenters, like *****, who proceeded to tell spammers that they are "fucking cunts", got a warning for that, left forever, deleting all articles, returned, started attacking people again, got banned for that, started telling people on memo.cash how stupid read.cash is because we didn't manually ban the spammers and wasted time programming software to detect them...
Ok, weird thing - she seems to recommend people to join read.cash now, which is confusing, so I removed her name.
Then there were people who wasted hours upon hours of my day by asking stupid questions, who got blocked (from me, not from read.cash)...
But mostly things were okay with read.cash (not with me though). We've got 12,000 users, very few incidents, the fund got a donation from Marc de Mesel for nearly $100,000 which will pay new users for a year or so. We gave away money to 5,700 people (for free)!
I want to stress one part here. Marc has donated (unconditionally) more than 97% of the fund. More than 30 times more than all of the Bitcoin Cash ecosystem combined donated.
Read that part again. Marc donated 30 times more than everyone else in the Bitcoin Cash ecosystem combined! Unconditionally. I haven't received any condition about the donation use.
Marc even told us that he's willing to donate much more! Which we hastily declined, because read.cash is not profitable and it doesn't make sense to spend more than we would have gotten from ads if we were monetized.
read.cash can't be living off donations forever. It's unsustanable. So we spend via the fund approximately what we would have gotten if read.cash was plastered with ads.
But again, 12,000 users of read.cash is 97% MarcDeMesel's achievement.
That's 12,000 users of Bitcoin Cash.
Isn't "adoption" what you wanted?
Yet, the guy who said "fuck read.cash!", all the while getting top payments from the read.cash fund, proceeds to create a contest about "Marc is Calvin Ayre Lite"...
Told that this is a personal attack, replies "Complete bullshit!" (exact quote)
Note: Marc is actually OK with memes about him and asked us directly to revert our policy to allow the [offensive] memes It wasn't Marc's initiative, it was mine.
And it wasn't only Marc who were being mocked.
I'll admit right here - I don't like Amaury's actions, I don't like IFP (and I listed my reasons), but I'll warn/ban anyone directly attacking him on read.csah (not his thoughts, but just him). Wanna discuss how Amaury's idea about DAA is bad? Feel free! Wanna call him an idiot? Welcome to ban'sville, population - you. Well, usually a warning, then a ban if you insist on doing that.
The same will go for CSW, Calvin or anyone anywhere.

Are you crazy? Did you just say you'll protect CSW and Calvin? We've got a BSV shill here! Attackkk!!!!

No, no and no. We have no funds from BSV (as far as I know, the fund is non-custodial and permissionless - anyone can donate and cancel at any time), I've never contacted Calvin or CSW and I've been attacked by BSV people on multiple occasions and was accused of being a BSV shill on multiple occasions (besides people telling me to "fuck [my project]").
One thing I figured early on is that if you allow people to do something, you need to apply that rule to everyone.
Otherwise, you are a hippocrite and you should hang your head in shame.
If you allow people to mock and denigrate Amaury, Marc, BSV, BTC supporters, that's the fine line that you'll have to keep later on, when BTC and BSV supporters come. How come you're allowing people to mock a BTC supporter, yet you protect a BCH supporter? That's dishonest.
So we will have to allow BTC and BSV supporters to mock us and denigrate us. Because that's the rule. You allowed it!
They will be right.
So if we allow people to attack other people (even if I don't like them), everybody would be entitled to attack everybody.
That's where you start your journey to becoming a Crypto Twitter, where you will be attacked for nothing, where a snowball will roll on you (it did on me, but thats another story), where people would start to stalk you and try to ruin your life, because you like the coin they don't like.
That's a place which normal people won't ever join.
Read it again: No adoption for you, no world money!
So, you either have "no censorship" (which is really moderation) or you have normal people. Choose one, choose wisely, you won't be able to change it later.
We chose "normal people".
The plan was working fine (almost) until the eventful post.
But I will not revert this policy. I hope I explained why.

Koush: But you allow worse crimes to happen on read.cash!

Ok, here's a yellow press sensation worthy of coinspice.io! Listen carefully! #1 will shock you!
I am... one guy.
Yes, read.cash is a one-man shitshow.
I'm the backend developer, I'm the frontend developer, I'm the system administrator, I'm the moderator, I'm the policy maker, I'm the one who replies to 100+ emails daily on [email protected], I'm the one getting up to 200 notifications per day on read.cash, I'm the one who writes articles, I'm the one who wakes up at night when a server fails, I'm the one who logged 1000 hours developing read.cash according to my IDE's time tracking plugin, I'm the one responsible for the bug that took your money, I'm the one who returned you your money, I'm the one fighting spam, I'm the one writing code to catch spammers, I'm read.cash.
I'm the one responsible to keep 7,500 comments per day (that's one comment every 10 seconds, 24/7), 800 articles per day, 400 short posts per day clean. See the stats yourself, the damn thing is growing and growing...
It is an impossible task. But I do read every one of 100+ reports sent to me per day. And each one of them is a moral dilemma for me - what to do here. This guy has copied an article from the Internet, but edited it so that it looks like another article, what do I do here? Ok, this guy is posting non-sense - is that against rules? It's surely annoying, but doesn't violate the rules. What to do here? Now try this 100 times a day. This guy, Koush, I know, he's a good guy, but now he's attacking the only guy who really helped read.cash when no one else did? WTF do I do here?
That's why I'm always telling people to report anything that they see that violates rules. I can't be everywhere. I can't make the right decision every time too. I'm a regular fucking person. Two legs, two hands, one medium-sized brain.
Ok, to be honest, a few months ago I asked a developer friend to join me to help (paid with my own money, not using read.cash fund for that), so he helps some 10 hours per month. That helps, surely, not enough.
Though I'll still call read.cash we, as it is still a registered company.
BTW To be clear - I never got any money from the read.cash fund, but I spent more than $5,000 giving away. Here's a screenshot from an internal tool that I call "the random rewarder": https://i.imgur.com/ucQEvVM.png
As you can see, I'm entitled to about $1.31 - $1.39 for today, but I get $0.00. That was always the case, because I strongly believe that I must give it to people of read.cash to attract new users.
I also gave away 100% of the funds that came to me as tips on read.cash.
BTW Did you notice that on the screenshot the guy who said "Marc de Mesel is Calvin Ayre Lite" and "fuck read.cash" got the top payment from the fund, which is at the moment 97% funded by Marc de Mesel?
My friend, the developer, who joined me, told me a few days ago: "I read your history on read.cash, you sound progressively ..." "..depressive and passively aggressive," I ended his sentence, "I know."
Yes, I know. I'm pretty passive agressive already, because every day I met with demands from users. "Why am I not getting paid?" "I work for read.cash for 8 hours a day, why is my pay so low?" "I sent some money and now I have $0.01 less than I should?" "How do I get sponsors?" "I think this guy is cheating!" "Hey, our family of 20 people joined read.cash and it says that I have 19 colocated accounts on the same IP! That's not true!"
I loathe my morning, when I open my email and there's 50 new alerts from Sentry, there are 100+ emails from users demanding stuff from me, accusing me of being unfair, wrong, an idiot, telling me "fuck read.cash"!
etc.. etc.. etc.. daily grind.. I never experienced anything like that. I was always a lead developer or manager managing small teams of 5-10 people. Nothing close to this shit I experience now.
You get progressively less sensitive. You start to think that it's ok to just delete an email, since you can't reply to everyone. You can't research why someone of 12,000 people didn't get paid, since the algorithms are now so complex that you yourself will have to spend a week just researching one guy why he gets $0.10 instead of maybe $0.50... you have no idea who your users are. The project is out of your control. But you can't do anything, because it's not profitable enough to even cover the server costs, let alone hire additional programmer or a support guy.
Then one day you log and see the beautiful garden full of dog shit. Crappy memes. A guy telling you "fuck you, there's $25K for the clone of this!" Thank God Shammah didn't offer that $25K for my head...
You find this about the only guy who really helped read.cash with money and demanded nothing in return (not a single condition was made) being compared to a midget version of a guy who was in a FBI Top Wanted list!
Again, Marc says he's ok with this, I'm not! Whoever did this meme is an asshole, I don't have any other words for this human. (Yes, I would have been banned on read.cash for this alone. You can ban me here, I no longer care...)
You find yourself increasingly grumpy, angry towards those around you, your family, because everybody is angry at you in the Internet, people are demanding and people is attacking the only people you can trust (Roger, Marc)...
You think about your previous nice cozy job. You think about 5 recruiters sending you daily mails to just name the price to join their company. You realize that these 9 months you could have made maybe $100,000, maybe $200,000 sitting on your ass, managing 5-10 people like you always did.. Instead you spent 9 months, $5,000 in Bitcoin Cash, got grumpy and depressed.
You start to ponder why you do this and whether you should even continue.
That's your future, Mr. Shammah Chancellor!
That's the reality of running a social media platform with cryptocurrency.
I will be happy to see your platform, Mr. "fuck read.cash", grow and flourish, but I warn you - it's not going to cost you $25K, but much much more. It's going to eat you alive if you are mildly successful with it and you have a little bit of conscience.
You will be attacked, you will be spammed. People will tell you "fuck you!"
I honestly have no idea why you think you will fare better than yours.org or honest.cash...
What's your advantage? being censorship free, so that people can shit and pee on each other?
Then one day 9 months later, 12,000 users, $50,000 in tips later, a guy will come in and tell you "Fuck you, Shammah and your project! Fuck you! I'm building a clone for $5K of this shit of a platform!" You will look at the clock where it's 8pm, you will look at your inbox, where there's still 50 more people yelling at you.. you'll ponder why do you even do this...
That day you'll understand me, Mr. Chancellor. Or maybe not, I have no idea what kind of a human being you are. Maybe you're reading this and laughing madly: "poor pussy can't take a beating! boo-hoo! Get off the internet, you wuss!" Maybe that's your thoughts, I don't know. You certainly don't seem to care about other people's feelings dismissing them as "complete bullshit".
Well kept gardens die by pacifism is a wonderful read about this.
Somewhere in the vastness of the Internet, it is happening even now. It was once a well-kept garden of intelligent discussion, where knowledgeable and interested folk came, attracted by the high quality of speech they saw ongoing. But into this garden comes a fool, and the level of discussion drops a little—or more than a little, if the fool is very prolific in their posting. (It is worse if the fool is just articulate enough that the former inhabitants of the garden feel obliged to respond, and correct misapprehensions—for then the fool dominates conversations.)
Peace, and out.
P.S. I remind people that there's an ongoing fundraiser going for mainnet.cash, so anyone agreeing with "fuck read.cash" policy of Mr. Chancellor should cancel their donations while there's still time. It's very easy to cancel. Don't give your money to idealistic fools like me.
P.P.S. I blocked u/afriendofsatoshi, so somebody please forward it to him so he can humiliate me further, only on coinspice.io! Subscribe now!
submitted by readcash to btc [link] [comments]

Cryptocurrency Terminologies for Beginners

The rise of cryptocurrency is making a huge influence towards different businesses, companies or even simple individuals that supports the use of it in exchange of service, products, investments, etc.
Number of users increases seemingly. However, beginners often get confused with the jargons, known only in the said network. In this article, I will be sharing basic terms that exists in cryptocurrency world:
Cryptocurrency - is an internet-based, digital/virtual form of currency that is secured by cryptography (which makes it almost impossible to counterfeit) and operates independently from central bank. These include Bitcoin, Bitcoin Cash, Etherium, Ripple, Litecoin, etc.
Cryptography - process of securing communication and data in various electronic transactions (such as account name, account number, amount, digital signature, etc.) by converting plain texts to unintelligible texts and vice versa. It is also be utilized for user authentication.
Blockchain - refers to a growing list of record or the digital information (blocks) stored in public database (chain).
Wallet - or software wallet, is where you “store” your cryptocurrency. It is basically a digital program/system/site/app that store public and/or private keys used to track ownership and transactions of your cryptocurrency. Example: Coinbase, Trust Wallet, Exodus Crypto Wallet, Coins.ph, Binance Wallet, etc.
Wallet Address - is a destination associated with the software wallet where a user sends and receives cryptocurrency. Usually include a long series of letters and numbers. Example: qz8wlltmrj83mj2waw6rgaw9wtzqywuc5s3xqm67g7
Fiat Money - a currency that has actual value maintained; established as money; and backed up by the government. Example: US Dollar, British Pound, Philippine Peso, Japanese Yen, Euro, etc.
Altcoin - or "alts"; refers to any cryptocurrency other than Bitcoin.
ATH (All-time High) - it's when a cryptocurrency breaks its previous record price.
FOMO (Fear of Missing Out) - refers to the strong urge or need to purchase a cryptocurrency when the price starts increasing rapidly.
Mining - process of validation of transactions such as computers trying to solve blocks in a blockchain. Thus rewarding new cryptocurrency to successful user (miner). However, mining scams are rampant nowadays. Miners are always reminded not to provide private keys, deposits, etc to avoid these frauds.
FUD (Fear, Uncertainty and Doubt) - this is the greatest risk for investors; A state of mind that often influence when and how crypto-enthusiasts make trades, purchase or hold onto their coins thus affects greatly in the actual prices/convertion rate of cryptocurrency.
DeFi - short term for "decentralized finance" which includes digital assets, protocols, smart contracts, and dApps; is a financial software built on the blockchain that can be pieced together like Money Legos. Etherium is the primary choice for DeFi Application.
Stablecoin - refers to a class of cryptocurrency that attempts to stabilize coin prices, backed by reserve assets.
Reserve Assets - financial assets denominated in foreign currencies, held by central banks; must be readily available for monetization and/or must be an external physical asset. Example: US Dollars, Gold.
That's all for now, I hope this information might help especially beginners who still lack knowledge regarding these terms. Continue supporting #Cryptocurrency
submitted by jBaij to btc [link] [comments]

Where can you actually SPEND dogecoins? [Please Add on]

When trying to explain dogecoin to people for the first time, the #1 question I get is "Yeah but, can you actually use it to buy things?"
One of the major things that will take Dogecoin to the moon will be people actually using the Ð. For a currency to gain legitimacy, it's got to be spendable. The good news is, there are sites popping up that take the Ð! Some sites also list other sites that take the Ð and serve as directories. Considering how great this community is and how quickly we are growing, the number of transactions and using Ð as real money could really make the difference!

~ ~ ~ Dogecoin Stuff ~ ~ ~

CoinOK - Various Dogecoin Articles cocomfy - Various Dogecoin Articles DogeWow - Dogecoin Shirts KawaiiCrypto - Dogecoin/Crypto Stickers Shibe Mint - Physical Dogecoins

~ ~ ~ Clothing ~ ~ ~

BedlamThreadz - Shirts, Caps and Accessories BitDials - Luxury Watches, Jewelry, Bags etc. ClockworkCrypto - Crypto Clothes and merch CrownLifestyle - Beach Articles, Bikinis, Swimsuits, Towels etc. CryptoBantam - Crypto Clothes Cryptoish - Crypto Shirts CryptoShopper - Crypto Clothes and merch CryptoVerge - Bitcoin Shirts CypherMarket - Crypto Shirts, Bags and Mugs Eat Me Clothing - Huge Clothing Sortiment Encrypted Apparel - Crypto Clothes Frank & Beans - Underwear HippTee - Crypto Shirts KALEIDOO - Vintage Clothing Kryptoez - Socks Krypto Threadz - Crypto Clothes MyCoconutHeart - Women Clothes MyCryptoGear - Crypto Clothes ParkAndFinch - Glasses Print-Ted - Crypto merchandise collection and Design your own shirt Sakama - Leather Jackets & handknotted rugs The DOTA scene - DOTA Merchandise WhaleApparel - Crypto Clothes

~ ~ ~ Donating ~ ~ ~

Animal Neotropical - D5ivRQwT4TU8CEjNBhorpMKSe8bVkMYURQ archive.org - via changelly DogecoinSocksForTheHomeless - 9vnaTWu71XWimFCW3hctSxryQgYg7rRZ7y Doge4FAH - DUCKvJPNT16USvJmWWEwchZpRVHZwm4zRW Immunity Project - DMx7wPZ5ppZDEDWr1XSrpMdMRbGH7LXs97 Kamikaze Comics - DC8Tuid8X3Qwnpo5cvBum19w2LRWXfepqr Onwadan Foundation - via coinpayments.net Tor Project - DGvn1HLeMaCZEZZYUeBWBhUCJiS2hjzbGd

~ ~ ~ Food ~ ~ ~

35North - Extra Virgin Olive Oil Blockchain Coffee - Coffee DrApis - Raw Portuguese Bee Honey HODL Fuel - Coffee and Merch PexPeppers - Hot Sauces SaffronStore - Saffron

~ ~ ~ Gaming ~ ~ ~

8BitDo - French Retro Products Allgamer - Game Servers CJS CD Keys - Steam/Origin/Uplay Games/Keys Gamesonly.at - Steam/Origin/Uplay Games/Keys Keys4Coins - Steam/Origin/Uplay Games/Keys MMOGA - Steam/Origin/Uplay Games/Keys SimRai - Game Servers

~ ~ ~ Gift Cards ~ ~ ~

Bidali - Various Gift Cards Bitrefill - 750+ Gift Cards CoinCards - Huge Selection of Gift Cards GiftOff - Gift Cards

~ ~ ~ Smoking ~ ~ ~

101Vape - Vape Products Frontier Vapor - Vape Accessories RX Vape - Vape Products Vape Crypto - Vape Products VapePENstore - Vape Products Vaposhop - Vape Products Vapour Depot - Vape Products

~ ~ ~ Tech Stores ~ ~ ~

ArgoMall - Philippine Online Tech Store, Smartphones, TVs, Laptops, etc. DS Tec - Spanish Online Tech Store Ecosystems - Huge selection of Tech Articles FastTech - Wide Variety of Tech Articles

~ ~ ~ Traveling ~ ~ ~

Bitcoin.travel - Flight and Hotel Booking Greitai - Lithuanian Travel Site with Flight and Hotel Booking MoreStamps - Flight and Hotel Booking Travala - Hotel Booking Trippki - Hotel Booking

~ ~ ~ VPN/Proxy ~ ~ ~

AzireVPN - VPN BlackVPN - VPN CactusVPN - VPN DeepWebVPN - VPN HideMy.name - VPN PureVPN - VPN SaferVPN - VPN Surfshark - VPN TorGuard - VPN

~ ~ ~ Web Hosting ~ ~ ~

97cents - Web Hosting AbacoHosting - Web Hosting CoinHost - Web Hosting CryptoCloudHosting - Web Hosting Flokinet - Web Hosting HosterBox - Web Hosting Host Havoc - Web Hosting & Game Servers Hosting.co.uk - Web Hosting Hostinger - Web Hosting Hostsailor - Web Hosting Hostwinds - Web Hosting Motov - Web Hosting Privex - Private Cloud Hosting Snel - VPS THCservers - Web Hosting QHoster - Web Hosting

~ ~ ~ Misc ~ ~ ~

247bits - Crypto Cold Storage Cards AlmightyBoost - All Natural Male Testosterone Booster BitCars - Luxury Cars and Oldtimers BitStickers - Cryptocurrency Stickers BitStore - General Store with option to pay literally everything you want online with Dogecoin BlockchainAdventures - "Toshi to the moon" book and merch BP Fragrance - Dutch perfumes shop Bullion79 - Gold Coins, Gold Bars, etc. CleanItSupply - Cleaning Supplies Coinvibe - Crypto Merch CryptoArt - Crypto Art CryptoContactLenses - Contact Lenses CryptoLife - Crypto Merch CryptoMined - Crypto Mining Equipment Crypto Posters - Crypto Posters, shirts, hats, phone cases CryptoUniverse - Crypto Mining Equipment GPS Tracking Made Easy - Easy & Simple GPS Tracker Kits Jobgate - Job Market payed with Dogecoins Lue's House of International Decor - Decor Articles Lynx Art Collection - Art MobiSun - Solar Panels, Power Banks, Solar Generators Molecule Store - Various Articles about molecules Olympian Bitcoin - Crypto Merch Peername - Blockchain-Based Domain Names Pi-Supply - Raspberry Pi and accessories ShopOfThings - Electronic Tech Parts SugarTrends - Huge local stores online marketplace ThaiBaM - Coffee, Tea, Oils, Balms etc. TormentBox - Various prank articles like glitter letters etc. WikiLeaks Shop - Official Shirts, Mugs, Stickers, Posters, etc.
Disclaimer:

All links are provided with the best of my knowledge.Please make sure to check the shops listed here yourself again, before spending your Dogecoins there.In no way should the admin of this website be responsible for any fraudulently activities from any listed shop.

Thanks to Dimi for the links
DimiFWDonate: D62WT9ebWbVW8QtBE57TE8CUaH3s95T3dN
📷
submitted by SoiledCold5 to dogecoin [link] [comments]

What's Happening At Dash? | Continually Updated News & Announcements Thread

Welcome to dashpay!
If you are new to Dash, we encourage you to check out our wiki, where the Dash project is explained from the ground up with many links to valuable information resources. Also check out the menu bar on top and the sidebar to the right. We have very active Discord and Telegram channels where the community is happy to answer any and all newcomer questions.

Purpose of this post

This post is directed towards community members who wish to rapidly access information on current developments surrounding the Dash cryptocurrency.
Lately we've noticed how the pace of events picked up significantly within the Dash project due to many years of hard work coming together and pieces falling into place ("Evolution" is finally here. It's called Dash Platform). For the purpose of keeping these many pieces of information together, however, singular Reddit submissions are insufficient. Thus we decided to maintain a pinned thread collecting blog posts, interviews, articles, podcasts, videos & announcements. Check back regularly, as this thread will always feature the latest news around Dash, while also serving as a mid-term archive for important announcements and developments.
Journalists looking for news and contact opportunities wrt Dash, please bookmark:

Dash Press Room

"At Dash Press Room you will find the latest press releases, media materials and product updates on Dash - Digital Cash."

Dash Platform Video Series (formerly known as "Evolution") with Amanda B. Johnson

  1. Dash is Becoming a Cloud | Dash Platform #1
  2. What is Dash Drive? | Dash Platform #2
  3. What is Dash's Decentralized API? (DAPI) | Dash Platform #3
  4. Usernames & Dash Platform Name Service (DPNS) | Dash Platform #4

Dash Core Group News

(last updated: Oct 9th, 2020)

Dash Insights with Mark Mason & Dash Talk with Amanda B. Johnson

(last updated: Oct 9th, 2020)

Development news

(last updated: Oct 9th, 2020)

Adoption, Partnership, Business Development, General News

(last updated: Oct 3rd, 2020)
submitted by Basilpop to dashpay [link] [comments]

04-03 12:33 - 'Paul Le Roux' (self.Bitcoin) by /u/financeoptimum removed from /r/Bitcoin within 191-201min

'''
Paul Le Roux is a fascinating character, whose story entails drugs, gold, arms dealing, North Koreans, Iranians, elite-level encryption, Somali pirates, women...and more women.
Let's get into it...
Part 1/5 - The Early Years
Paul Le Roux was born on Christmas Eve, 1972, in Bulawayo, the second-largest city in what was then called—by the white minority that governed it, at least— Rhodesia.
In 1980, Robert Mugabe became prime minister of what would now be called Zimbabwe, ending minority white rule in the country.
Four years later, when Le Roux was 12, the family relocated to South Africa.
Not long after the move, in exchange for washing his father’s car, Le Roux was given his first computer. After that, a relation of Le Roux states that he became "completely anti-social.”
When Le Roux was 15 or 16, in the late 1980s, the local police raided the family home and arrested Paul for selling pornography. After that, Le Roux turned even more inward.
Although he was an excellent student, he despised the idea of learning Afrikaans, which was compulsory in South African schools, describing it as "a dead language" that he "didn't want to learn."
At 16, he dropped out of high school and decided to follow his interest in computers, taking a local programming course.
Family lore has it that after he spent one class explaining some technical fact to the teacher, he got a letter saying he no longer needed to attend. He then completed a year’s worth of material in eight weeks!
Accounts of Le Roux do indicate that he was exceptionally gifted, and people who worked with him described him as a genius.
After returning from a family holiday to Disneyland in the US, 17-year-old Le Roux decided to leave South Africa, and departed for the UK eight months later to work as a programmer.
He then moved from the UK to the US, where he lived in Virginia Beach.
After six months in the US, he followed his then-girlfriend Michelle to Australia in 1995. The couple married and Le Roux acquired Australian citizenship.
Le Roux frequented message boards and enjoyed trolling Australians. A typical post read:
"All of Australia could disappear into the Pacific and the only difference it would make to the World is the Americans would have one less pussy country to protect."
His posts caused outrage on the board - someone even changed their handle to fuck @ you.paul
Le Roux would later declare that his correspondents had fallen for his ploy:
"Australians are east to provoke and your postings (including 2 death threats, numerous flames, and one guy who swears he has my address & phone number) have provided me with hours of amusement."
Of course, Le Roux did more than just troll Australian message boards in this period...
Le Roux had started building E4M - Encryption for the Masses - in 1997, releasing it at the end of 1998.
Part 2/5 - The Turning Point
E4M allowed users to encrypt entire hard drives, and to conceal the existence of encrypted files (such that prying eyes wouldn't even know they were there).
According to Le Roux, the software was written from scratch, with thousands of hours going into its development and testing.
As well as this, in the [Politics section of the E4M website]1 , Le Roux published a sort of Manifesto, describing how "governments are increasingly relying on electronic data gathering" and how "Strong Encryption is the mechanism with which to combat these intrusions, preserve your rights, and guarantee your freedoms into the information age and beyond."
In the spirit of the open-source software movement in the late 90s, Le Roux released E4M for free and made the code available for other people to improve.
Therefore, with no income from his two years of labor, he was struggling financially. His marriage fell apart violently and the couple got divorced in 1999.
Le Roux first relocated to Hong Kong, then to Rotterdam in the Netherlands. He married a Dutch citizen named Lilian, and they had a child shortly after.
In 2000, in order to monetize E4M, Le Roux launched [SW Professionals]2 in 2000.
Based in South Africa, the company offered offshore programming, including E4M customization.
One of Le Roux's clients was an Italian telecoms engineer called Wilfried Hafner, who had corresponded with Le Roux for several years about E4M.
Hafner had founded a company to create a commercial encryption product that would combine some of the elements of E4M with another piece of software, Scramdisk. The new company would be called SecurStar, and its product would be called DriveCrypt.
Hafner hired Le Roux to build DriveCrypt's underlying engine.
At the time, Le Roux was desperate for money - he drove a beat up car and worked out of a Rotterdam apartment small enough that, on the phone, Hafner could often hear a baby crying in the background.
Hafner on the other hand was living in the South of France, and Le Roux openly coveted the kind of success that he imagined led to such a home. He told Hafner: "I am ambitious, I want to have all this."
However, in the middle of the development work for DriveCrypt, Hafner discovered that Le Roux was still working on E4M and had incorporated some of his work for SecurStar into his personal project. As a result, Hafner terminated Le Roux's contract.
By October 2002, SW Professionals was now defunct and Le Roux was openly soliciting for work on the alt.security.scramdisk forum.
It was around this time that Le Roux received some news that "shattered his whole world."
In 2002, he travelled to Zimbabwe to retrieve a copy of his birth certificate.
On the trip, his aunt and uncle pulled him aside to tell him the truth, and it was then that Le Roux found out he was adopted.
Although many family members had known for years, Le Roux’s parents had elected to keep him in the dark about it.
It was the "unknown" part that hurt him the most.
Shortly after, Le Roux appeared on an another set of message boards - he seemed to be launching some kind of moneymaking scheme that required opening a company based in the U.S.
In 2004, a group of anonymous developers did exactly what Hafner had feared: they released a new and powerful, free file-encryption program, called TrueCrypt, built on the code for E4M.
TrueCrypt combined security and convenience, giving users the ability to strongly encrypt files or entire disk drives while continuing to work with those files as they would a regular file on their computer.
Hafner and his SecurStar colleagues suspected that Le Roux was part of the TrueCrypt collective but couldn't prove it.
As we'll explore in Part 5, TrueCrypt is an interesting part of this story...
Part 3/5 - Money and Power
After Le Roux's departure from the encryption world, at least under his own name, he entered the Internet-pharmacy business.
What Le Roux did next was combine two of America's favourite past times, popping pills and online shopping, and the results were sensational. He turned over around $300MM in 4 years.
In 2007, Le Roux moved his family to Manila, where he would base his operations. He also had call centres in Israel. This was a brilliant move by Le Roux, as the authorities were not looking at Tel Aviv and Jerusalem as hot-spots for a large-scale organised crime operation...
Le Roux was moving serious volume during this time - his operation was once one of FedEx's largest customers.
A relative of Le Roux pointed to 2008 or 2009 as the point at which Le Roux snapped.
"I think the money got to him. I personally saw $100 million in his office in Makati. Cash, bud. It was fucking ridiculous. It was in wicker baskets lined up on the side of the wall in his office."
Le Roux's appetite only grew, and not just in the literal sense (he was known as the "Fat Man" in the Philippines): he wanted to be a different kind of businessman, a lord of the real underworld, not just the virtual one.
An Israeli associate of Le Roux tells how "Le Roux wanted to make more money, fast. Le Roux wanted to diversify, to be bigger. The only way to do that was illegal. He was living inside a movie, you could almost say."
As well as this, Le Roux was notorious for his sexual exploits - he once wrote to his cousin, "15-20 a week, sometimes 3 per night."
A former call centre employee tells how Le Roux approached him with an assignment, which at first he thought was collecting women for Le Roux to open a bar. However, that was not the reason, as Le Roux explained:
"I'm going to impregnate them, and build an army of kids."
Le Roux asked him to make a spreadsheet to track the women: their names, dress size, age, medical checkups. The operation was given top priority by Le Roux, who even sent his emissary to China to try to find women there.
It is rumoured that Le Roux has at least 11 children to 7 different women!
Le Roux's businesses expanded into logging, precious metals mining, gold smuggling, land deals, cocaine shipping, and arms dealing. These activities were spread across dozens of shell companies registered all over the world.
Of course, he needed to launder the money. Le Roux used paid muscle in Hong Kong to swap cash for gold bars, and then proceeded to stash the gold in warehouses in Hong Kong (this totalled around $50MM).
Speaking of paid muscle, Le Roux had plenty: ex-soldiers and mercenaries made sure any problems were dealt with force if necessary.
Le Roux was closest to ex-British soldier Dave Smith, who would act as the leader of the mercenaries and allow Le Roux to insulate himself and not have to deal with people. In fact, Le Roux once told Smith "I live vicariously through you."
However, things took a turn for the worse, at least from Dave Smith's perspective, as Smith stole $5MM worth of Gold from Le Roux.
Le Roux was furious. He then summoned Smith to his place in the country, and asked him to dig a hole as they needed to stash some gold. However, when he arrived, he was greeted by a South African hit-man. After the hit-man had finished shooting Smith, Le Roux then grabbed the gun and fired into Smith's corpse.
Le Roux then set about building an arms base in Somalia.
To achieve this, Le Roux called upon an ex-soldier from Europe, code-named 'Jack' to work for him on the ground in Somalia.
At sea, Jack had to bribe Somali pirates.
It was actually this activity in Somalia that landed Le Roux on the radar of the DEA, as he popped up in a UN Report on security in Somalia.
The DEA were now on his tail. Of course, his encryption skills came in handy - Le Roux's thick layers of encryption meant that the DEA needed someone on the inside...
Part 4/5 - "Well played gentlemen, well played"
Le Roux was getting more and more paranoid about people in his organisation stealing from him. Without justification, he suspected that his self proclaimed 'Golden Boy' Jack was stealing from him - so he ordered a hit on Jack.
This was a huge mistake on Le Roux's part, as Jack then called a CIA hotline and went on the run. It was 18 months later that a DEA investigating Le Roux found Jack's message to the CIA. The DEA agent then called Jack. Scared for his life, Jack agreed to turn informant.
In the meantime, Le Roux then had a change of heart and apologised to Jack for ordering the hit on him. The DEA then asked Le Roux to go back to work for Le Roux - they now had someone on the inside.
To tempt Le Roux, the DEA devised a sting operation. They knew that Le Roux wanted novelty and excitement. So they fabricated the scenario that Jack had made contact with a high profile Colombian trafficker, and the Colombians wanted to bypass the Mexicans for their meth supply in the US.
Le Roux was hooked. However, the DEA needed to lure Le Roux out of Manila, as his network of corrupt officials would ensure he will never be arrested.
Jack needed to get Le Roux to Liberia (where the DEA had a trusted ally in Fombah Sirleaf, Head of Liberia's National Security Agency).
Jack achieved this by saying that they needed to meet a cartel representative to finalise the deal.
It worked, and Le Roux was arrested. Initially, Le Roux went into passive resistance - he was a big unit (hence the nickname "Fat Man") - and it took around 10 agents to get him on the plane to fly back to the US.
Well he settled on the plane, the first thing Le Roux said to the DEA agents was: "Well played gentlemen, well played."
He then said: "If you're looking at me, then clearly you're looking at bigger things..."
The DEA agents were intrigued: "No Paul, you're the prize - what could possibly be bigger than you?"
Le Roux responded: "Nation states gentlemen, nation states."
He then started to spew out extremely valuable information on North Korea and Iran.
Of course, this wasn't the only leverage Le Roux had...
The enforcers who were once on Le Roux's payroll needed to be held accountable for their numerous murders, and the DEA were desperate to get them behind bars. Le Roux was key in their eventual capture. But that's not all: a crucial piece to this story is Part 5...
Part 5/5 - TrueCrypt
As we discussed previously, Le Roux was rumoured to be a member of the TrueCrypt collective.
In November 2012, a man with the online handle Cincinnatus decided to throw a party in Hawaii. The idea arose out of an email exchange with Runa Sandvik, a developer and expert on the online software Tor, which allows its users to mask the physical location of their computers on the Internet.
After she gave a Tor tutorial on Reddit, Cincinnatus sent Sandvik an encrypted message. Cincinnatus told Sandvik that he lived in Hawaii. Sandvik mentioned that she would be there on vacation the following month and could give a talk on Tor.
Cincinnatus suggested they host a “cryptoparty,” a phenomenon that had arisen around that time among technology- and privacy-conscious activists. The date was set for December 11.
Unbeknownst to Sandvik, her fellow party planner was hatching a much more elaborate education scheme. Four days after he contacted Sandvik, Cincinnatus sent an email to the journalist Glenn Greenwald. “The security of people’s communications is very important to me,” he wrote. In a series of emails, he suggested that Greenwald set up an encrypted means by which sources could contact him.
Cincinnatus organized the cryptoparty at a hacker space called HiCapacity, located in the back of a furniture store in Honolulu.
When Sandvik arrived around 6 p.m., Cincinnatus introduced himself as Ed and told her that he worked at the computer-hardware company Dell.
Ed kicked off the evening by welcoming the attendees, then invited Sandvik to give her presentation on Tor. When she was finished, Ed pulled out his laptop, plugged it into the projector, and began his own instructional talk about TrueCrypt. In Ed’s presentation, Sandvik later wrote, he “pointed out that while the only known name associated with TrueCrypt is someone in the Czech Republic, TrueCrypt is one of the best open-source solutions available.”
Six months later, in June 2013, Greenwald and filmmaker Laura Poitras published the first of a series of articles that grew out of their contact with Cincinnatus.
In time they revealed that his full name was Edward Snowden, that he had worked in various capacities at the National Security Agency, and that he had downloaded and handed over a trove of documents from the NSA in an effort to blow the whistle on what he believed were egregious privacy encroachments by the U.S. government.
Among them was a document revealing that TrueCrypt was one of a small number of encryption programs that had withstood the NSA’s efforts to crack it.
What Snowden and the rest of the world wouldn’t know for another two years was that Paul Le Roux, the man whose code formed the foundation of True Crypt, was at that very moment in the custody of the U.S. government. Le Roux was in a bind, facing the full force of a U.S. federal prosecution for any number of his extraordinary array of crimes. The only way out was to spill his secrets...
[[link]4
'''
Paul Le Roux
Go1dfish undelete link
unreddit undelete link
Author: financeoptimum
1: e4m.net/**l*ht*l 2: e4m*net* 3: www.yout*be.co*/watc**v=z**aMoJ**k* 4: www.youtube.com/watc*?v*z*Za*o***kc**^*
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [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 Bitcoinsnippets.com
A recap of Bitcoin in May 2019
Adoption
Development
Security
Mining
Business
Research
Education
Regulation & Politics
Archeology (Financial Incumbents)
Price & Trading
Fun & Other
submitted by SamWouters to Bitcoin [link] [comments]

r/Bitcoin recap - March 2019

Hi Bitcoiners!
I’m back with the 27th 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.
A recap of Bitcoin in March 2019
Adoption
Development
Security
Mining
Business
Education
Regulation & Politics
Archeology (Financial Incumbents)
Fun & Other
submitted by SamWouters to Bitcoin [link] [comments]

Stellar Lumens HODL alert: 2017 Round up, Partnerships, Lumens vs. Other Cryptos

Welcome everyone! The future of Stellar Lumens is bright! Today we will look at the accomplishments of Stellar.org in 2017.
. .
2017 Round Up
IBM / Stellar Partnership
• Kik Messenger’s KIN coin to move from Ethereum to Stellar in 2018
• Stellar ATM introduced in Singapore
• Jed McCaleb confirms IBM/Stellar has 30 banks on board (Youtube Video)
Lightyear.io enables forward thinking financial entities to easily join the Stellar ecosystem.
• IBM adds 8 new validators from 8 different countries onto the Stellar network (article)
Forbes calls Stellar “venmo, but on a global scale - and for larger bodies like banks and corporations.”
• Stellar Lumens Is Up 6,300% Since March and Is Aiming for Big Blockchain Partners (article)
• Many new partnerships (listed below) that will be using the Stellar network in 2018.
Binance and GoPax Exchanges Adds Stellar
Ledger Nano S support is now available for Lumens (XLM)
• The next coin to break into the top 10 cryptos (article)
.
.
2017 Partnerships & Financial Institutions
IBM - is an American multinational technology company headquartered in Armonk, New York, United States, with operations in over 170 countries. IBM partnered with Stellar to help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global payments for businesses and consumers.
SatoshiPay - a web payment system that helps online publishers monetize digital assets like news articles, videos, or PDFs in tiny increments without friction.
EXCH.ONE - is a FinTech software company based in Switzerland currently working to integrate its platform and its first technology adopter Euro Exchange Securities UK Ltd. into the Stellar network. This addition to the Stellar network will bring access to currency markets of South and Central America,UK and a number of EU countries.
Novati (ASX:NOV) - is an Australian-based software technology and payment services provider. Novatti is currently working to integrate it’s platform into the Stellar network with the ultimate aim to build a global money transfer solution to provide cross border, cross currency and cross asset payments.
Pundi X - is an Indonesia based fintech company that provides POS device, debit card, multi-currency wallet that empowers individuals to buy and sell cryptocurrency at any physical store in the world. They say "buying cryptocurrency should be as easy as buying a bottled water."
MoneyMatch - is a Malaysia based fintech startup that provides a fully-digital peer-to-peer currency exchange platform for customers to transfer and exchange foreign currencies with complete ease and at great value. The company plans to integrate with the Stellar network and enable pay in and pay out from Malaysia.
Streami - is a Korea based fintech company that offers blockchain enabled cross-border remittance service and recently launched a cryptocurrency exchange. The partnership extends both on the exchange side and remittance operations.
Neoframe - is developing and marketing trading solutions for big brokerage firms in Korea and extends its business to blockchain based applications. Neoframe developed high performance centralized cryptocurrency exchange as well as secure wallet solutions and is working with big financial players. The company is planning to launch a remittance business for ASEAN countries (Thailand, Vietnam, Indonesia, Malaysia, Philippines, Singapore, Myanmar (Burma), Cambodia, Laos, Brunei) using Stellar.
SureRemit($RMT) - is a Nigeria based global non-cash remittances company. SureRemit leverages the Stellar blockchain platform to connect immigrants abroad directly with merchants that provide the services needed by their loved ones back home. With Remit tokens, immigrants all over the world can access digital shopping vouchers that can be spent on goods and services at accepting merchants wherever they are.
Cowrie Integrated Systems - is a Nigerian based Value Added Service Provider. Cowrie provides services at the intersection between telecoms and finance. Cowrie recently joined the Stellar network to bring novel fintech services to the African market.
Smartlands - is a Stellar-based platform designed to create a new class of low-risk tokens, secured by real, profitable assets in the real-world economy. Smartlands is designed to promote investments in the agricultural sector by allowing investment in individual projects, agricultural companies or indexes of groups of projects. These investments will be fully collateralized by agricultural real estate, other productive assets such as fruit or nut trees or, in some cases, the actual crop.
Klick-Ex - is an award winning regional cross-border payments system delivering financial infrastructure for emerging markets. It has been responsible for dramatic uptake in digital financial services in unbanked regions of the world, and lowering costs for banks, central banks and consumers in low liquidity currencies. Its key presence is in the Pacific and Europe, and it is a founding member of www.APFII.org processing more than 775,000 transactions per second, per billion of population (source).
Mobius - Mobius connects any app, device, and data stream to the blockchain ecosystem. Our simple and easy to use bidirectional API allows non-blockchain developers to easily connect resources to smart contracts and more. The Mobius MVP acts like Stripe for Blockchain by introducing innovative standards for cross-blockchain login, payment, smart contract management, and oracles. The Mobius Team includes David Gobaud, Jed McCaleb (Stellar.org founder), Jackson Palmer (creator of Dogecoin), and Chandler Guo (notorious Bitcoin & blockchain investor).
Chaineum - Chaineum, the first French ICO Boutique, will use the Stellar network for upcoming ICOs. “Chaineum is positioned as the first “ICO Boutique” in France, providing a range of end-to-end services to companies and international start-ups wishing to develop with this new funding mechanism. Chaineum is preparing 8 ICOs by the end of 2017, for European, North American and Asian companies, of which cumulative amount could reach € 200 million." (source)
Poseidon Foundation - Poseidon will simplify the carbon credit market with the creation of an ecosystem built on Stellar.org’s blockchain technology. This technology will prevent double counting of carbon and will be consistent across jurisdictions, making it easier for companies to deliver and measure progress towards their climate targets or other goals such as deforestation-free commitments.
Remitr - Remitr is a global platform for cross border payments, licensed in Canada. Remitr uses the Stellar network for international settlements for businesses as well as other payment partners. Remitr’s own payout network of 63 countries, comprising several currencies, is extended onto the Stellar network.
MSewa Software Solution (MSS) - MSewa Software Solution (MSS) Payments provides a one-stop digital payment service available across the Globe. MSS Payments aims at serving the consumers (Banked, Unbanked and Underbanked) with mobile banking facilities on the move from anywhere by transferring funds in their mobile phone.
PesaChoice - PesaChoice is a leader in international bill payment services for the African diaspora. PesaChoice aims at making international bill payment process easy, seamless, secure, with reasonable and competitive service fees, and up to date technological advances.
SendX - Singapore based SendX, in partnership with Stellar, is the better way to move money worldwide. The SendX team believes that the future of transactions is decentralized and distributed, bringing true equity to everyone across the value chain.
VoguePay - VoguePay, with offices in the United Kingdom and Nigeria, is partnering with Stellar to become the cheapest and most efficient way to send money between the United Kingdom and Nigeria. In the coming months, they expect to expand this service to other selected African countries.
HashCash - Hashcash consultants build financial solutions for banks and financial institutions over blockchain. We leverage the Stellar platform to build products that vastly improve the remittance and payments experience for banks and their customers. Transfers happen lightning fast at a fraction of current rates and operational cost is significantly reduced. HashCash is headquartered in India, with operations across South Asia and the Gulf.
.
.
Stellar Lumens vs Other Cryptocurrencies
Lumens vs. Bitcoin: Jed McCaleb spoke at Distributed Markets in 2017 about the advantages, but more importantly, the disadvantages of Bitcoin. Listen to the talk here. Jed said, “Bitcoin is this awesome innovation. The first thing it does is converts a real world resource, electricity, into a digital asset. So it takes something from the real world and puts it into the digital realm. The second thing it does is provides immutable public record. It’s basically a database that everyone can see but no one change arbitrarily… That’s great, Bitcoin solves the double spin problem [ of proving possession and transmitting volume]… [However, to fix the problems of bitcoin] you might think well maybe we’ll just kind of keep adding [software] to Bitcoin until we get there, but that’s not really the way software works. You want to have the design from the beginning and solve these simple issues. Bitcoin was designed to be a new currency, it wasn’t really designed to be this unifying universal payment network. So that’s what Stellar does. It solves these three remaining issues.”
Lumens vs. Bitcoin #2: According to wired.com, "Bitcoin mining guzzles energy - and it's carbon footprint just keeps growing." Wired says "Today, each bitcoin transaction requires the same amount of energy used to power nine homes in the US for one day... The total energy use of this web of hardware is huge—an estimated 31 terawatt-hours per year. More than 150 individual countries in the world consume less energy annually. And that power-hungry network is currently increasing its energy use every day by about 450 gigawatt-hours, roughly the same amount of electricity the entire country of Haiti uses in a year." Because Stellar is based on a consensus algorithm rather than mining, it takes much less energy to run the Stellar network. The Poseidon Foundation decided to build their platform on Stellar rather than Ethereum or Bitcoin because of this (twitter source).
Lumens ICO tokens vs. Ethereum ICO tokens: According to Stellar.org, "traditionally, ICO tokens have been issued on the Ethereum network in the form of ERC20 tokens. ERC20 tokens are easy to issue and are infinitely customizable using Ethereum’s smart contracting language. However, recent events have highlighted and exacerbated some weaknesses of the network, including slow transaction processing times for the network during ICOs and increasingly expensive gas prices (by fiat standards) for transactions and smart contract execution. Moreover, many organizations require only basic tokens; they adopt the risk of Ethereum’s Turing complete programming language without taking advantage of many of its benefits."
"While Ethereum has the most expressive programming capabilities, we believe Stellar is the best choice for ICOs that do not require complex smart contracts. Stellar’s primary goal is to facilitate issuing and trading tokens, especially those tied to legal commitments by known organizations, such as claims on real-world assets or fiat currency."
Stellar vs. Ethereum #2: The median transaction time on Stellar is 5 seconds, compared to approximately 3.5 minutes on Ethereum (source). Stellar has a negligible transaction fee (.00001 XLM ~= $0.0000002) with no gas fee for computation, while depending on the complexity of the computation, the median cost for a transfer on the Ethereum network is $0.094. Security: While both Stellar and Ethereum run on a decentralized network, the Stellar network has fewer security pitfalls. Stellar uses atomic transactions comprised of simple, declarative operations while Ethereum uses turing complete programming capabilities which produces less auditable code and greater risk of exploitable vulnerabilities (source). Recently, a security flaw in the Ethereum network froze millions of dollars. According to Mobius ariticle written by David Gobaud, "On November 6, 2017, Github user deveps199 'accidentally' triggered a bug in Parity, a popular Ethereum mult-sig wallet, that froze more than $152 million in Ether across 151 addresses. The bug impacted several token sales including Polkadot, which has had ~$98 million out of its recent $145 million sale frozen."
"Mobius had none of its ongoing pre-sale Ether frozen because we do not trust Ethereum’s Smart Contract based multi-sig wallets given the vast Turing complete attack surface and did not use one. Security broadly is one of the main reasons the MOBI token that powers the DApp Store is a Stellar Protocol token and not an Ethereum token."
Lumens vs. Ripple: According to Wall Street Bitcoin Exchange, "Many investors like to compare the company [Stellar] to Ripple, and there are a lot of similarities, being that some of the founders worked on the Ripple team. In what can now be looked at as another blockchain development drama that plays out on chat boards and in interviews all across the globe. Stellar declared they fixed Ripple’s problems with their hard fork, however, Ripple has failed to admit to any of the flaws in its design that the Stellar team has pointed out." The article concludes by saying, "We Choose XLM Over XRP For 2018. That is why we are going with Stellar Lumens over Ripple in our portfolio for the rest of 2017 and 2018. After holding Ripple for a long time this year, it just never seems to make the big break like other names with bigger market caps like Bitcoin Cash, Dash, and Litecoin have. While we are holding on most all our larger market caps, we feel that Stellar Lumens will be one of the break out coins for 2018."
.
.
Conclusion
The stellar.org team is doing an amazing job making partnerships and pioneering the use of blockchain technology for various types of transactions. What we are seeing is a new technology that can actually be used to solve real-world problems. As a community, we need to continue supporting Stellar and we will quickly see it power transactions across the world. What are your thoughts about Stellar? What do you see in the future of Stellar? Any important news you want to share? Comment below.
submitted by chargingerman to Stellar [link] [comments]

10 Blockchain Companies To Watch In Asia

10 Blockchain Companies To Watch In Asia

https://preview.redd.it/bjix9mvdw2m31.png?width=864&format=png&auto=webp&s=0c7b463f7bcf30dfe1bff31aa70b33ca6e002e8f
Article by Forbes: Joresa Blount
In 2018, Asia was one of the leading regions in terms of growth of blockchain jobs, cryptocurrency usage, innovation, and general openness. Despite some early woes with China banning ICOs, China still produces nearly 70% of crypto mining activity.
For users and entrepreneurs, the Asian ecosystem is in general a friendly one. For example, in Singapore Bitcoin is taxed as a good rather than a currency, setting a 7% flat tax for trades or purchases using Bitcoin. In Japan, messenger giant, LINE, was just granted a crypto exchange license from the Japanese financial regulator. In Korea, news just broke that the country’s largest entertainment company would be launching its own token.
Besides the name brand companies that are exploring crypto solutions, there are hundreds of innovative startups and founders looking to radically disrupt their respective industries with blockchain technology. This list contains ten innovative blockchain startups based in Asia worth watching, including exchanges, fintech startups, and more.
Today In: Innovation
1. Level01
Level01 is the world’s first broker less derivatives exchange in collaboration with Thomson Reuters. Through using blockchain technology, the platform eliminates middlemen while providing a decentralized trading experience. Users can trade derivatives and options in forex, cryptocurrencies, commodities, stocks and indices, all from the Level01 platform and app.
Level01 does this by using Distributed Ledger Technology (DLT) for transparent and automated trade settlement on the blockchain, with their unique Artificial Intelligence (AI) analytics called Fairsense that provides fair value pricing dynamically to counterparties in a trade, based on current and retrospective market data from Thomson Reuters. The platform and app are currently undergoing stringent beta testing by 50 experienced traders.
2. Galaxy Pool
Galaxy Pool, also known as GPO, is a brand-new asset issuance style on blockchain that utilizes intelligent contracts for initial digital asset issuance. In general, GPO assets can be best described as mining machines used to explore various kinds of digital assets that can obtain value-added benefits of GPO through the repurchase and destruction of pond profits.
With this brand-new asset issuance style on blockchain, more humanistic investment opportunities with free withdrawal rights can be provided to investors.
3. Biki
Headquartered in Singapore, BiKi.com is a global cryptocurrency exchange ranked Top 20 on CoinMarketCap. BiKi.com provides a digital assets platform for trading more than 150 cryptocurrencies and 220 trading pairs. Since its official opening in August 2018, BiKi.com is considered one of the fastest-growing cryptocurrency exchanges in the world with an accumulated 1.5 million registered users, 130,000 daily active users, over 2000 community partners and 200,000 community members in under a year.
BiKi’s competitive advantages include helping projects with marketing, influencers, brand awareness, and community growth in the Chinese markets and abroad. With a global approach, BiKi also helps Chinese companies go global and international companies penetrate Chinese markets.
4. Whitebit
With a global team of over 100 people, Whitebit is a professional digital asset trading platform that services most major Asian markets via a European license. The exchange holds 95% of user funds in cold wallets and offers users an intuitive user interface with real-time orderbooks, charting and technical analysis tools, and automation features. Whitebit’s major competitive advantage is processing speeds of up to 10,000 trades every second and 1,000,000 TCP connections.
Whitebit has also announced the release of S.M.A.R.T. Box, a program that allows users to budget and allocate funds based on unique plans with varying durations and interest rates. Next is the launch of margin trading in Q4 2020, as well as mobile iOS and Android apps and an eventual US license.
5. Opu Labs
Opu Labs is creating the self-care business model of the future starting with the skincare space. There are over 1.2 billion online skincare consumers with a $3 billion digital services business. Opu Labs helps make the decision-making process easier by offering free advice powered by AI, rewarding users for their purchase data using blockchain technology, and using robust technologies to connect brands and consumers.
Under the leadership of CEO Marc Bookman, Opu Labs was named in the top 25 healthcare solutions by CIO Applications and won the start-up GrandSlam in Singapore. To date, $2m in rewards have been earned on the platform and the company will be releasing their long-awaited apps soon.
6. Coinsbit.io
Thanks to his vast expertise, experience, and sense of the market, Nikolay Udianskyi created a high-quality crypto exchange called Coinsbit.io. Now leading the Asian crypto market, Coinsbit was named the best 2018 crypto exchange at Asian Blockchain Life 2019.
Coinsbit is planning to further distinguish itself from the competition through a series of novel functions. Among its plans is a P2P microfinancing lending service that will enable users to borrow and lend money on the platform. Coinsbit will ensure privacy for all users and will not require borrowers to show their credit history. An additional planned feature is an invest box service, which will reward users who deposit cryptocurrency by paying them interest on various coins.
7. GST Coin
GST is a comprehensive digital application platform which integrates encrypted payment currency, blockchain and artificial intelligence technology. It is dedicated to providing the most valuable intelligent digital asset service for every user and creating a new GST digital public chain in a diversified market structure. GST project is committed to using the most advanced technology to create the most perfect user experience, and it has always been in the forefront of the market in the decentralized security sharing architecture.
GST was born out of MHC Asset Management Corporation, a high-tech enterprise engaged in R&D and innovation of blockchain technology. Their executive team includes CEO Ms. Zhang Qun and other leading technologists and entrepreneurs in China.
8. Columbu
Columbu (CAT) is a global community-based open-source blockchain project that has been active since 2017. Under CTO David Su, CAT’s main focus is building a high-performance DAPP development platform and community encouraging and autonomous system based on software and hardware combined GCloud Everest computing platform. This is the world’s first public blockchain (distributed cloud) using CUDA and blockchain technology.
The project will allow for a worldwide distributed and free economic collaborative network of intelligent economies. This will happen through a community incentive mechanism and autonomous system to build in real-time. The project has an ambitious roadmap that will include growing its global developer community and other projects within their ecosystem.
9. KBC
Registered in Singapore, KBC is the powering token of a global financial infrastructure and range of products focused around gold. These products include an innovative Voice-over-Blockchain smartphone called IMpulse K1, a crypto payment merchant processor called K-Merchant, and a cryptocurrency exchange and trading platform. Together these products and entities combine to form the Gold Imperium, the company’s financial ecosystem.
The company has attracted heavy interest from users who have seen the benefits of having both gold and cryptocurrency exposure, as well as the ease of use of being able to use each day to day through tokens such as KBC. As both markets expand, keep an eye on KBC.
10. TEXCENT
TEXCENT is a Singaporean blockchain and fintech startup focused on fully-integrated solutions for remittance, payments, and microfinancing. Using blockchain technology, the company wants to provide seamless and convenient digital financial services solutions to Asia and the world. TEXCENT is currently focusing on the Philippines, Vietnam, Thailand as these markets will grow exponentially in the next 5 years.
Their current products include PAYCENT, an app and hybrid wallet, as well as TEXCENT, a remittance solution with zero fees. TEXCENT has already acquired a remittance license from the Monetary Authority of Singapore (MAS) and is in the process of getting similar licenses for UK, Malaysia and Hong Kong in the coming months. The company is also a member of the Singapore Fintech Association.
submitted by GTE_IO to u/GTE_IO [link] [comments]

r/Bitcoin recap - April 2018

Hi Bitcoiners!
I’m back with the sixteenth monthly Bitcoin news recap.
It's easy for news and developments to get drowned out by price talk, so 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. Lots of gems this time around!
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in April 2018
submitted by SamWouters to Bitcoin [link] [comments]

January 2017 - r/bitcoin recap

At the start of this month I made a post about the first week in bitcoin.
People seemed to like it, so I figured I'd do it for the whole month. I stop by here daily anyways.
For each day I basically picked out what seemed to be the most interesting news.
Let me know if you think I missed something. If people liked it, I can do it again next month.
A recap of January 2017 in bitcoin
Note: Scalability was discussed on literally every day, hence why it wasn't included in the list.
Thank you to everyone who is contributing to this exciting space!
Friendly reminder for February: Regardless of what size someone prefers their blocks or whether they like their cutlery hard or soft, don't be hostile to them. Insulting people is a bad way to convince them you're right. Let's focus on constructive, civilized discussion.
Edit: After a lot of positive feedback, I will definitely continue to do this. I'll add an archive on my site so nothing gets lost and I can add more links so the post doesn't get auto-moderated out each time.
Additionally, some people have asked to tip me. Whatever you were planning to send me, please donate it to Wikipedia instead!
submitted by SamWouters to Bitcoin [link] [comments]

6 biggest misconceptions about blockchain and crypto

The talented editorial team at ConsenSys have put together these common misconceptions that people generally get wrong about the blockchain world - whether you're new or old. Here is a quick TL;DR of the article.
  1. Crypto mining is bad for the environment
  2. Bitcoin = blockchain = cryptocurrency
  3. All crypto are securities
  4. Ethereum can't scale
  5. Cryptocurrency is only used for nefarious ends
  6. Tokens are useless
Number 6 is probably the most controversial topic as people don't see the benefits of tokenization. Most notably, there have been benefits to rural communities through the tokenization of assets or finance. Think Project i2i or POA network's work in Kenya.
submitted by ConsenSys_Socialite to ConsenSys [link] [comments]

In case you missed it: Major Crypto and Blockchain News from the week ending 12/14/2018

Developments in Financial Services

Regulatory Environment

General News


submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

The Best Bitcoin Miner In Android 2018 (Philippines) Bitcoin Mining Investment 100% Legit (Tagalog) How to Create BitCoin Account Wallet in Philippines - YouTube Inside The Cryptocurrency Revolution - YouTube Mining City Now has a License from The SEC of Philippines ...

The Philippines SEC has released an official warning about Bitcoin “cloud mining” company Mining City, advising the public to steer clear of the scheme and others like it.Despite the official condemnation, the price of a related cryptocurrency is on the rise. The warning describes the company as an unlicensed entity in the country and said it was not functioning “in accordance with ... The Philippines SEC has identified ‘Mining City’ as a Ponzi scheme, warning promoters of the scam that they could face up to. If you have decided to invest in bitcoin, you can download a Bitcoin application from the playstore and start investing. Cloud mining offers a relatively cheap entry point for Bitcoin mining, but if you have the right hardware and cheap power, Inside a locked room ... There’s a mining contract scheme people are discussing and making the rounds on the web called “Mining City” or “Bitcoin Vault.” The Philippines SEC recently put out a warning against the operation and the alleged masterminds behind the project. One thing is for sure, there’s been a number of crypto Ponzi operations over the years, and they typically attract a lot of users before ... Bitcoin mining. This approach requires intermediate to advanced knowledge of the Bitcoin. If you want to mine Bitcoin, you need to invest in mining software and hardware. You solve a Bitcoin algorithm or math problems, and you get Bitcoins in exchange. In this way, it gives more people incentives of coins whenever they solve these problems and mine more coins. In the process, the miners are ... There’s a mining contract scheme people are discussing and making the rounds on the web called “Mining City” or “Bitcoin Vault.” The Philippines SEC recently put out a warning against the operation and the alleged masterminds behind the project. One thing is for sure, there’s

[index] [50548] [10872] [26051] [50800] [12844] [3336] [12251] [49390] [39634] [46461]

The Best Bitcoin Miner In Android 2018 (Philippines)

Coins PH: https://coins.ph/m/join/gwqnpu (Get 50 Pesos Need to take selfie using CoinsPH app or Upload ID ) how to earn in bitcoin philippines how to use bit... What came out of this meeting about BTCV deveopments:- 1. Mining City is now licenced with the SEC of Philipines 2. It will be listed in the top 1 Coin excha... Bitcoin’s emergence as a global digital currency has been as revolutionary as it has been erratic. But while fledgling investors obsess over every fluctuatio... I'm now mining Bitcoin sa Philippines! MegaDek. Loading... Unsubscribe from MegaDek? ... Noob's Guide To Bitcoin Mining - Super Easy & Simple - Duration: 11:37. UFD Tech 2,448,552 views. 11:37 ... Store Location Navotas City Agora Complex Contacts 09460998932 smart 09561152366 globe Hanmark General Merchandise Landline 270-8666 Thanks Godbless ----- Facebook Page https://www.facebook.com ...

#