4 Ways to Use Bitcoin - wikiHow

Frequently Asked Questions (Constantly Updated)

This is where you can find answers to some of the most frequently asked questions. If you can't find what you are looking for then perhaps try browsing our WIKI, or one of our past AMA Recaps!
The "most asked" questions are listed first. These will consistently change to reflect Kava's current landscape.

Relevant Questions (Timely)






Crypto Payday


  • How do I qualify for Crypto Payday?
    • Use Kava's DeFi Lending Platform to mint USDX.
      • Currently USDX can only be minted w/ BNB.

  • When are Crypto Paydays?
    • Every Wednesday.
      • Staring July 15th, 2020
      • Ending July 16th, 2021

  • Where can I go to mint BNB?
    • The new features will be accessible via integrated wallet and exchange applications such as Cosmostation, Forbole, Trust Wallet, and Frontier.

DeFi Lending Platform


  • What assets does Kava's DeFi Lending Platform currently support?
    • BNB

  • What are the next assets that will be supported by Kava's DeFi Lending Platform?
    • They Kava community will vote for the next supported asset.
      • Leading contenders are BTC, XRP, and Atom.

  • How are loans given out?
    • Once a user deposits collateral, loans are given out via USDX (Kava's Stable Token)

  • How much USD is USDX worth?
    • Each USDX is the equivalent of $1 (USD)

  • What should I do w/ my USDX?
    • Starting on June 10th you'll be able to begin earning minting rewards on your USDX via Kava's Crypto PayDay promotion.
    • In the very near future (Possibly Late June/Early July) USDX will be listed on exchanges, and can be used to purchase more crypto (Margin Trading) or can be cashed out.
    • Those who mint USDX prior to it's exchange listings will be considered "Early Adopters"

  • Why should I become an Early Adopter of the Kava DeFi Lending Platform?
    • Early Adopters who use the DeFi Lending platform prior to a USDX exchange listing should be doing so for the purpose of leveraging their existing BNB.
      • Early Adopters can take advantage of the Kava Payday rewards, which are likely to off their highest yield within the early stages of the promotion.

  • How/where can I access Kava's DeFi Lending Features?
    • The new features will be accessible via integrated wallet and exchange applications such as Cosmostation, Forbole, Trust Wallet, and Frontier.

  • What happens if my BNB deposit drops in price and becomes undercollateralized?
    • Similar to a traditional margin call, users will be required to deposit more assets (BNB) to bring their collateral back up to par with the loan they have minted.
    • Users will also be able to use their USDX to pay back the loan.
      • Thus, allowing the users to unlock and reclaim their deposits (BNB)

  • How is Kava different from MakerDao?
    • Maker Dao only accepts Ethereum based crypto assets, but Kava accepts all crypto assets!

  • Where can I go to learn more about Kava's DeFi Lending Platform?

Kava Token


  • What is the Kava Token?
    • The Kava Token is a fungible crypto asset of the Kava Blockchain.
    • It is a token that is native to the Kava Blockchain.

  • Where is the Kava Token currently Traded?
    • In 2019, The Kava Token became the first DeFi asset to be tradeable on Binance.
    • Besides from Binance, the Kava Token is available on over a dozen different exchanges including BitMax, MXC, and CoinOne.
    • For a complete list, check out Kava's Market Pairs Page on CoinMarketCap

  • Is the Kava Token currently on any American exchanges?
    • Currently there are not any American exchanges that are trading the Kava Token.
    • Kava works very closely w/ the US Securities & Exchange Comitee to make sure that everything Kava does falls within their guidelines.
      • When the time is right, Kava will be listed on American Exchanges.
      • It is a goal to be listed on American Exchanges, before the end of 2020.

  • How can Americans hold Kava?
    • Kava can be traded amongst users via a multitude of different wallets.
      • Including: Binance, Trust Wallet, Frontier Wallet, Forbole, and Cosmostation amongst many others.

  • What is Kava's Ticker Symbol?
    • The Kava token is traded as:
      • KAVA (all caps)

  • How much of the Kava Token is currently staked?

USDX



  • Is USDX currently listed on any exchanges?
    • As of June 2020, USDX is not currently listed on exchanges.
    • The goal is to get USDX listed on multiple exchanges shortly after the June 10th launch of Kava's DeFi Lending Platform
      • July 2020 is a hopeful time window for USDX listings

  • What is the ticker associated w/ USDX
    • The ticker is listed as:
      • USDX (all caps)


  • Why is USDX valuable?
    • USDX is the highest earning USD denominated account available for modern investors.
      • USDX offers superior yields without additional risk compared to traditional alternatives like checking and savings accounts that only deliver miniscule returns.

Kava General





  • Who are the Kava Knights?
    • The Kava Knights are an unofficial community group which is composed of the most loyal and dedicated of Kava Enthusiasts.
    • Kava may work w/ The Knights at times to co-promote contests and other community engaging activities, but they remain are not an official Kava community.


  • What set's Kava apart from similar projects?

  • Where should I go if I'm looking to become a validator?


  • Why did Kava choose to build with Cosmos?

  • When did Kava's mainnet go live?
    • Kava's mainnet when live in Autumn of 2019

  • What about Kava's CDP Mainnet?
    • Kava will launch it's CDP Mainnet on June 10th, 2020
      • This will be used to support Kava's DeFi Lending Platform
      • View the official announcement! (Coming Soon)



General Questions



  • What does "Cross Chain DeFi Platform" mean?

  • When does "CDP" stand for?
    • CDP stands for Collateralized Debt Position


  • Why do people use DeFi Lending Platforms?
    • DeFi Lending Platforms are used to take out loans.
      • Users deposit crypto as collateral, and then they receive a loan paid out in Stable Coins.
      • Kava currently accepts BNB as collateral, and pays out loans in USDX (Stable Coin)
      • People can use their loans for anything their hearts desire, but most will choose to use the funds to facilitate Margin Trading

  • What is minting?
    • Whenever a user deposits assets into a DeFi Lending Platform as collateral, they recieve a loan paid out in stable coins.
      • Prior to this loan, those stable coins did not exist.
      • The stable coins were "Minted" as a direct result of collateralization that spawned the loan.
    • In regards to Kava, users deposit collateral (like BNB) in order to "mint" USDX - which ultimately represents the loan that the user will receive.
submitted by Kava_Mod to KavaUSDX [link] [comments]

Bizarre: Coronavirus and the Number 33

This is the updated list as of March 6, 2020.

Got this from here http://itnt.news/1608
submitted by tommymbargo to conspiracy [link] [comments]

Thoughts on the ratio, the future & the path forward

Disclaimer: I'm an online rando, not a licensed financial advisor. DYODD.
In light of recent angst about the BTC/ETH ratio & choppy price action, perhaps the following will be useful to ground your thinking about what Ethereum represents, its path to success & how you personally might approach it.
I grew up in Eastern Europe. My family was relatively well off: after the Iron Curtain fell in 1989, my father got a Fulbright scholarship at Stanford. He returned with dollars and, more importantly, American connections.
He constantly talked about how the future was going to be defined by the Internet.
I was a kid. Whatever "the Internet" was supposed to be, I was way more interested in playing Spectre and messing around with ClarisWorks on the PowerBook 100 my dad had brought back. In my defense: I was 6 & English isn't my first language.
My dad turned out to be right. But through the 90s & beyond, the Internet didn't always seem to be what the future will be built on.
A casual look @ how long it took the web to reach maturity:
1980 through 1990: Invention, experimentation & backbone. MUDs & BBSs dominated. In 1990, a version of HTML that can be approximately called "usable" becomes available.
1990 through 1994: Early adoption, basic protocols & functionality. The first real web browser, Mosaic, launches. Significant web presence from universities, research institutions and large media entities or businesses. "Online for dummies" portals like AOL, Compuserve & Prodigy become common-place. Bryant Gumbel's infamous "What is Internet, anyway" moment turns out to be a seminal point of inflection for popular perception of web use & the utility of being online.
1994 through 1998: Consolidation, increased adoption, commercialization, disruption. Home & workplace use, ISPs & online purchases all show exponential growth. People joke around water coolers about using AOL trial CDs as coasters. Netscape makes web browsing more intuitive & integrates protocols (http, ftp, gopher, usenet, smtp/pop) into a single program. "You've got mail" segues from niche nerd activity into pop culture phenom. Edge technologies like peer-to-peer sharing become existential threats to decade-old business models, with significant legal and political implications. Online presence becomes mandatory for most businesses. Future giants like Google, Amazon & Ebay/PayPal explore & expand new ways of monetizing online space.
1998 through 2003: Commoditization, dot.com boom & bust cycle. Large proliferation of risky or poorly thought-out ventures, violent subsequent contraction. Pets.com happens a thousand times over. Teens begin to tune into early social media: Friendster, Hotornot, Myspace, Xanga. Popular culture becomes permeated by all things Internet, with signs of exhaustion due to overexposure. Through peaks & valleys, Fortune 100 players, old & new, scramble to firm up their respective beach-heads into cyberspace, praise be upon our once & future prophet, William Gibson.
2003 through 2007: Ubiquity. Internet is now an inextricable part of the desktop experience. Venture capital is in a perpetual arms race to fund "Web 2.0," a more accessible, secure & well-integrated way of experiencing online activity. Network advantages displace also-rans, with Google, Amazon and Facebook increasingly dominating "mind-share." Internationally, online conglomerates graduate into billion-dollar businesses. New business models crop up online. YouTube, 4chan and SomethingAwful are part of growing up for millions of teens.
2007 through present: Ubiquity, cubed. Internet becomes hyper-accessible & necessary to key aspects of contemporary life. Major parts of law, medicine, finance and governance are now highly dependent on online activity. With smart phones available for price points below $30, a significant majority of human beings on the planet can interact with the most powerful & immediate way of accessing information we've ever built on a mass scale. Content consumption and creation explodes. Instant messaging, video-conferencing, geo-location sevices & flexible payment models become trivial aspects of every-day life.
That's three decades for the Internet & its main interface, the web, to reach maturity.
Blockchain was initially parameterized in 1991. Bitcoin began in 2008. Ethereum was proposed in 2013.
If we compare blockchain in general & Ethereum in particular to the development and eventual domination of the Internet, we're barely making headway through the second phase: early adoption, basic protocols & functionality. There's disruption & early commercialization, especially with defi & supply chains, but wide-spread adoption & killer "Keep It Simple, Stupid" apps akin to Netscape aren't here yet.
Took a while to get here, but here's my first basic point:
It's very, very early on in the journey.
In some ways, blockchain & Ethereum are like the Internet in that they represent radical new technologies.
In some ways, blockchain & Ethereum are unlike the Internet.
Thin protocols like http, ftp, email, etc, simply move data around. Value is captured by entities which acquire data: Google, Amazon, Ebay, Microsoft, Facebook, Twitter.
Fat protocols like any variety of blockchains both move data around AND store it. Value is captured in the protocol itself.
My second basic point:
Based on objective data such as network use and development activity, Ethereum is the run-away front-runner when it comes to public, un-permissioned blockchains.
We're firmly in the "overestimating early adoption/change" phase of blockchain & cyrpto-currency. Multiple projects in the top 25 by marketcap metric are of dubious technical & financial value. Some exchanges engage in market-distorting practices. Fraudulent "personalities" in the space still command significant attention. There is material risk to involvement in the early stages of any venture, blockchain & Ethereum included.
But: The flip to "overestimating early adoption/change" is "underestimating long term adoption/change."
If my first two points are accurate, then 2019 is to crypto what 1994 was to the Internet, and we can barely imagine the degree to which the world will run on blockchain in 2029.
If you're reading this, you're part of the 0.001% smart or lucky enough to understand what future is being built on, the same way that my father knew how the Internet will shape these last three decades.
You have a one-in-a-lifetime opportunity. Things like the BTC/ETH ratio & 20% fiat valuation drops represent trivial noise in a broader landscape defined by tectonic realignments in technology, finance and politics.
In conclusion, I'd like to encourage everybody to consider:
  • What scale are you thinking on?
  • What timeline are you thinking on?
  • Are you aiming for something life-changing or not?
I know what my answers are.
Good luck & god speed, brothers & sisters.
submitted by thrw2534122019 to ethtrader [link] [comments]

Vechain in the last 30 Days: Apotheosis, Blockchain X, BMW, University partnership, DApp ecosystem, BitOcean ICO, Carbon banking, Live use cases, Early adopter rewards and more

This post is for those who are new to Cryptocurrency or want to find out more about VeChain. The text "VeChain" has been banned in this subreddit for the last 30 days. For more details about the ban itself, please visit this cryptocurrencymeta post. Changes have been made and official channels of communications have been opened up to prevent this from happening in the future.
All feedback is welcome, and all discussion is encouraged, but please no moon-posting, ridiculous price speculation or baseless FUD. Looking forward to answering any questions you guys have :) VeChain Foundation COO Kevin Feng is holding a Business AMA with Boxmining today, so new information is coming very soon.

TL:DR.

Updates from the last 30 days

It's been a big month for VeChain as they have continued to work and share with the community. Here are the updates from their Official Medium channel and Reddit Rebrand Post

New website - https://www.vechain.org/

It has loads of useful information and a well produced introduction video. I would highly recommend reading through the website to get an idea of the scope of what VeChainThor is trying to accomplish.
"We are controlled by the few, the powerful and the greedy. We should be free. Free to choose, to trade, to create. It is time for a new world, a world founded on safety and security. A world where everything you do creates power, power for all. And you, you will decide the shape of this world. The power to change the future, is in your hands. VeChain." VeChain Introduction Video

What is Blockchain X?

Blockchain X is a global enterprise level public blockchain platform. VeChainThor is referring to their network/protocol as Blockchain X, to differentiate it from Bitcoin (Blockchain 1.0) and Ethereum (Blockchain 2.0 = Blockchain 1.0 + Smart Contracts).

Blockchain X = Blockchain 2.0 + IoT + AI + VET/VeThor = A living digital ecosystem

  • Blockchain = structure - bones, muscle etc (immutable trustworthy network)
  • IoT = senses - touch, vision, taste, smell, sound (collect real world information from RFID/NFC/QR etc.)
  • VET/VeThor = bone marrow/blood - generate blood & circulate (value transfer on the network)
  • AI = brain - information synthesis (automation of network with deep learning)

VeChainThor: the top candidate for enterprise and government level adoption of Blockchain

VeChainThor has an extremely strong development plan geared towards enterprise and government level adoption. If successful in their execution, I see VeChain being the leading cryptoasset comparable to Ethereum in size. The reasons I believe they will succeed are due to their ecosystem development, innovative governance model, robust economic model and strong strategic partnerships. The evidence of their success is snowballing with each new enterprise level partner and client.

DApps & Ecosystem development

The infrastructure layer has adoption in mind at the very core. Governments and enterprises will prioritise safety and security before venturing into blockchain adoption. (Mentioned in the introduction video.) The core DApps, VeVID (Verified identity, KYC/AML), VeVOT (Voting, Governance tool) and VeSCC (Smart Contract Certification, Regulatory compliance) provide the safety and security that governments and enterprises will demand. Blockchain X will have built-in KYC/AML, Governance and Regulation compliance. This sets it apart from other protocols and ICO platforms.

Governance model

The governance model is a balanced mix of decentralisation and centralisation. With problems such as Bitcoin's scaling debate, it appears that a purely decentralised governance structure may be inefficient. VeChain will use a new model of a decentralised system through centralised channels. The final decisions will be made in a decentralised democratic process through VeVOT by stakeholders with voting authority. I believe this model will be more widely adopted as it retains some of the efficient centralised channels that enterprise & government are familiar with, while still giving overall control to the network participants via a democratic voting system.

Economic model

The two-token economic model splits the value in the network into VET and VeThor. VET's primary function is to generate VeThor. VeThor represents the underlying costs of using the VeChainThor blockchain. All smart contract execution and transactions will require payment with VeThor. Through the dynamic rate of VeThor generation, the fiat value of VeThor can be kept relatively stable. For example, if the VeThor price was too high due to an increase in enterprise demand, the VeThor generation rate can be increased, which increases supply, and brings the price back down. The opposite is also true if the VeThor price is too low. The way I see VET is a store of value, a representation of ownership of part of the network and the right to use the network. Whereas VeThor is the perfect medium of exchange and a pure utility token. By using a two-token system, VeThor can have a stable fiat value over a long period of time. A company will be able to calculate how much VeThor will be needed for a consistent fiat value year after year and will be able to budget for this. This is extremely useful for enterprise and government level adoption since it removes the inherent price volatility from a nascent market like crypto.
VeChain also has a Node system, whereby holding VET generates additional rewards. Nodes of different levels will generate up to 200% additional VeThor compared to the base rate. This encourages long term staking in the network and decreases volatility. See the Apotheosis Part II article and X Series Node article for more information. A portion of VET supply will be locked up when nodes activate. Long term VET holders will not sell and downgrade their status. This decreased supply will lead to price increases. Early adopters (Deadline to stake: Before 20th March 2018) will be rewarded in the new X Series Node system. Features include exclusive participation in VeChain ecosystem project whitelists. (Something I'm excited about since I believe there will be a handful of reverse ICOs from traditional enterprise clients)

Technology

VeChain is planning on adding more than 100 additional full-time developers by the end of 2018.
For those interested in the technology of Blockchain X, I would direct you to the Medium AMAs where the VeChain team have provided detailed answers to common questions. Hardware 1, Hardware 2, Software 1 and Software 2 are worth a read.

Strategic partners

The three strategic partners each play a key role in VeChainThor's expansion. PWC has clients which make up 85% of the Fortune 500. DNV-GL is the preferred provider of those Fortune 500 companies for management systems certification services. PWC and DNV-GL will serve to introduce their enterprise clients to VeChain and increase adoption. BitOcean is positioning itself as a Fiat on-ramp for Crypto in Japan through physical ATMs and online exchanges, with approval by Japan's Financial Services Authority. BitOcean also plans to operate in China when regulations are finalised. BitOcean represents a Fiat/VET pairing that may serve to decouple VET/BTC and lead to independence of VET from the whims of BTC price.

Evidence of adoption to date: Existing clients & Investors

VeChain currently has 180 business opportunities in their pipeline for 2018 (compared to 4 use cases in 2016 and 22 in 2017). They have real uses cases and existing clients that range from medium to large enterprises. Revealed clients include Chinese Government Gui'an New Area project, BMW, Groupe Renault, DIG, Kuehne + Nagel, China Unicom, NRCC - State Tobacco, MLILY, Sunshine culture, Hubei Sanxin Cultural Media, Fanghuwang, YIDA future, Madeforgoods and iTaotaoke. Each of these partnerships deserve a detailed post on their own, they are all available on VeChain's Medium page. Taken together, it becomes clear what type of Ecosystem VeChainThor is trying to build.
Jiangsu Printed Electronics and Xiamen Innov Information Technology are technology partners and I suspect will be mass producing the RFID/NFC chips.
Breyer Capital and Fenbushi capital are the two featured investors on VeChain's website. Jim Breyer generally makes some pretty smart investment decisions. His only other crypto investments are Circle and Ethereum.
Bonus news: This week they are presenting with DNV-GL a cold chain supply chain solution at the Global Food Safety Initiative conference 2018. Zoom in and you'll see VeChain Intelligent Control Display System. DNV-GL have also launched their new digital assurance solution, My Story™. Four top Italian wine producers are using My Story™ under supervision of the Italian wine authorities. Twitter and DNVGL link.

China's potential

China is widely known to be anti-cryptocurrency but extremely pro-blockchain. China's "13th Five year plan 2016-2020" focuses on moving up in the value chain by abandoning old heavy industry and building up bases of modern information-intensive infrastructure, with blockchain and Smart Cities being a key technological focus. VeChain has achieved approval from the Government of the People's Republic of China with Gui'an New Area project, multiple mentions on state owned media (CCTV) and deals with state owned enterprises (China Tobacco). China will not fall behind in the international Blockchain race, they will finalise regulations and adopt Blockchain rapidly in the coming years. VeChain appears to be one of the leaders in the field, with their largest office in Shanghai and existing government connections.

Leader in the field

Last but not least, VeChain is leading the field in a number of areas.
  1. Academic research: VeResearch with Michigan State University #1 for supply chain management and another university to be announced
  2. Transparency: quarterly financial reports, regular social media updates, multiple AMAs, response to cryptocurrency ban, directly addressing FUD in official Telegram channels
  3. Corporate responsibility: cryptocurrency disaster recovery plan
  4. Environmental responsibility: Carbon bank initiative with DNV-GL

Skeptics section

In the interests of balanced discussion, I will update this section with skepticism I find in the comments below.
  1. "No whitepaper"
    • VeChain are working on a Whitepaper as part of their Q1 2018 goals. Information normally found in a Whitepaper has been made available through the development plan. I'm actually not too fussed about not having a whitepaper. For me evidence of enterprise adoption is a more useful indicator of how successful VeChainThor could be.
  2. "No official wallet" "No Mainnet"
    • VeChainThor has been operating as a private blockchain since June 2016. Public VeChainThor Blockchain Launch, VeChain Wallet with VeThor Forge Function will be released in Q2 2018 according to the roadmap.
  3. "VeChain are dumping their VET on the open market"
  4. "Can we talk about the fact that the BMW "partnership" is not really a partnership? VEN is allowed to participate into a startup program hosted by BMW. BMW is not a client. http://www.bmwstartupgarage.com/partner " - u/DutchDolt
    • "BMWstartupgarage" has neither been confirmed or denied by BMW or VeChain, it has been spread by a youtuber called "Crypto Gem"
    • Going to the website linked, BMW refers to successful participants as both partners and clients
    • This is still a developing partnership with details under NDA, however the VeChain/BMW link has been confirmed at the VeChain rebranding event and by Sarah VeChain Country Manager
  5. "Vote manipulation" "Shilling" "Brigading" "You're a paid shiller"
    • In the past VeChain Telegram Moderators wilfully participated in brigading, leading to the ban on the word "VeChain" for 30 days in cryptocurrency
    • It is difficult to differentiate manipulated behaviour and organic behaviour on Reddit, the moderators here do an amazing job getting rid of spam and detecting vote manipulation
    • The Official VeChain Foundation has stepped in to help Reddit moderators prevent VeChain vote manipulation
    • Official Telegram Rules: Brigading & Reddit links: We have a new policy regarding Reddit and 'brigading'. No brigading of any kind will be allowed. If you want to post a Reddit link, do so with the "np." prefix added to its URL, for example "np.reddit.com /CryptoCurrency". No spamming for upvotes, as it hurts both of our communities.
    • This is strictly enforced by Telegram moderators and results in a warning then an insta-ban for repeat offenders
    • https://imgur.com/a/sOva9 is being copy-pasted en masse by detractors as evidence of brigading
    • Image shows Boxminig feeling sorry for WTC PR team and a "np" link to a different thread
    • I wish I got paid to shill VeChain, I made this post to share a fundamentally strong crypto with the community _________________________________________________________________________________________

An interesting perspective supported by CEO Sunny Lu

NTSpike: VeChain Thor Is Positioning to Become THE #1 Enterprise dApp Platform, and Here's Why - A Systems Analyst's Perspective
Disclaimer: My holdings are 80% VEN and remainder in NEO, WTC, TKY, XRB, AMB
submitted by enozym111 to CryptoCurrency [link] [comments]

Chat_Report.25>2 - XL

[22:12] it's not like I'm going to be offended that someone feels that way [22:12] but it's not healthy to be a dick about it, and that's kind of the only way that I can think to be able to deal with it [22:12] I guess, that's not a bad way to think about it [22:12] if you're having trouble dealing with it [22:12] I guess I just have to accept that I am not an expert on that [22:12] but I do have the most basic understanding of the concept [22:12] and I have always known what a "dissociative" is [22:12] and that they are in fact a distinct psychological state [22:13] I didn't have to google to find out [22:13] and in fact I have been working on a book on dissociative phenomena for a number of years [22:13] you mean you were trying to find out what they were? [22:13] i just finished [22:14] i got the manuscript finished and submitted a copy [22:14] well, the "book" is still on your todo list [22:14] i'm very anxious to publish [22:15] what about the research? are you doing any research on it? [22:15] and yes [22:16] some, but the bulk of my effort is in trying to make sense of it [22:16] what are you doing to help us understand it? [22:16] and i have a blogpost of my own that goes into the background of the phenomenon [22:16] it would be great if you could tell us a little about it [22:16] it sounds as if the phenomenon has something to do with people who have had a life-altering experience [22:17] and that the thing they have experienced is so powerful that it is capable of completely altering a person's personality [22:17] (well, that and the fact that a person who had such an experience could have access to the internet) [22:17] i'm sorry, but why not just tell us about it in full detail, instead of asking me a bunch of question and letting me decide what to ask [22:18] it would be very convenient to you [22:18] if you hadnt decided not to talk about it until after i had. [22:18] if you want to know more, it's quite common for people with this kind of problem to share their stories. [22:18] (i'm not sure if its normal, but i can assure you its not something i wouldn't ever do to any of you) [22:19] so i don't know what you're implying by saying you're uncomfortable with talking about it? [22:19] i'm just saying that i'm not going to force you to talk about it just because you told me it was hard to talk about [22:19] ok. [22:20] so this is it: you must come here with me now [22:20] ok [22:20] and I'll go to the other rooms and meet everyone. [22:20] I want to make this a place for everyone [22:21] ok [22:21] i'll talk to you when i get there [22:21] OK, I need a little more detail [22:22] What's the plan for getting it into the house? [22:22] well i'll let you know when i get there [22:22] Ok, thanks [22:22] i'll be back around 12:30 and ill be there [22:23] I've sent you a PM for the key and I'll be waiting for you to talk to her [22:23] lol [22:23] *key [22:23] ouch [22:24] But that's just me [22:24] You can't just go and do it like that, y'know? [22:24] lol [22:25] but if it's just a matter of asking me nicely, i don't mind [22:25] just send it to me and i'll do it [22:25] if that's what you want [22:25] I've never asked you to do anything but that, and I know you haven't, but, that's my opinion [22:26] I mean, if it helps you out a little bit, maybe I could just... [22:26] Vorpas, that's okay. I mean, I think you're pretty amazing, I do, I do. I just don't know what you want to do with your life. I think I'd like to try and get the people that are in the game to understand the power and the importance of the community. I mean, when you're playing against, when you see a really bad player, you can tell that that player is having fun, that they are having fun playing the game, because they are making a lot of money, and then you can just understand that it would be fun to play, and there would be a lot of money to be made by just playing the game. And I think the players that are playing it, maybe they don't know what's happening, and maybe they have the wrong idea about it. But it's okay, I'm not going to judge them, it's their own opinion and they're free to believe whatever they want to believe. [22:27] But, I'm just gonna leave that part up to you. [22:27] Cool. [22:27] So I'm just gonna be, like, really happy for you, 'cause I know you've been putting a lot of work into this. [22:28] You are doing it so well! [22:28] And I really appreciate that, like, for the last few months, it's been a struggle to stay motivated enough to do this. [22:28] I am a bit concerned about how long this will take. [22:28] I am just going to say this, if I'm going to continue doing this, I want you guys to stay around. [22:29] Well, I would love to keep helping, but I'm not sure what my plans are at the moment. [22:29] If you were to make a donation, that would be fantastic [22:29] You know, the donations are very helpful. I just thought that it might be good to keep track of who donated what. [22:29] Vorpas_Jabwak, I can try to get someone to check if this was indeed you that made the donation? [22:29] Oh, yeah. [22:29] Thanks! [22:29] You've probably never received one before, but if you were, that would be awesome. [22:30] Just wanted to let you know the new version of Mumble is being released and working on the beta channel. [22:31] If you do have the software I'd love to hear some feedback. I have a lot of questions for it. [22:32] I have a lot of questions for it too, but it's a bit complicated so I might not get a chance to do that anytime soon. I'll make sure to get on that when it is ready. [22:33] I'm glad you like it, I know I really do. I love having an easier to use, but powerful, voice chat. [22:34] I'd really like to make some more changes to the system, and try it out as a whole. But right now it's pretty darned good. [22:35] Thanks Jak. :) [22:35] I'll try my best to keep them updated. [22:35] Ok, I'll let you know when I get to them, Jak [22:35] Sorry if I didn't keep up with you guys. [22:36] Haha, sorry. [22:36] I'll see you around, Jak [22:36] *takes off* [22:36] Sup everyone? [22:36] I'm out [22:36] *in [22:37] sup [22:37] Hey! [22:37] So are you guys all there yet? [22:37] :P [22:38] * Turoth sets mode: +b KhaosReigns [22:38] Oh! I thought you all quit on me [22:38] * Turoth sets mode: +b KhaosReigns+ [22:38] So uh, what's my problem? [22:38] I was hoping you'd tell me to stop [22:38] I was so upset [22:38] I'm sorry [22:38] I should have been better [22:39] I didn't mean to startle you [22:39] You've just always made me feel like I could take care of myself [22:39] I guess I didn't realize that it takes a lot of people to keep the lights on [22:40] I'm sorry, I've never been this shy around people [22:40] It's been such a long time [22:41] This whole situation is just a shock [22:41] I'm starting to feel really nervous [22:41] I have to go home now [22:42] Ok [22:42] I'll see you later [22:42] Ohh, bye [22:42] Take care [22:42] Yeah, it's a long way home [22:42] Have a nice night [22:42] Thanks for everything. I had fun. [22:42] night [22:42] I hope you have a good night. [22:42] Have a nice night. [22:42] Thanks. [22:42] Have a good night. [22:42] Good night [22:42] How is everyone? [22:42] I'm fine. [22:42] Tired, but fine. [22:42] Yeah. [22:43] i dont know what happened [22:43] Don't know yet, so I'm trying to get the details. [22:43] I went out to get food [22:43] got a pizza, was eating it when I was interrupted by my girlfriend [22:43] and she was saying she wanted to see me [22:43] i don't even know where i am right now [22:44] so she called me at work this morning and said 'well, i'm sorry i couldn't make it for you today', and i had to tell her 'okay' [22:45] i cant find her or the phone number or anything [22:45] i was just in the car, and she was in the kitchen [22:45] it must of been a while [22:45] i think she was off last night [22:46] that's funny that you would call me like that [22:46] then you should know that she has been off for a while [22:46] she said she was sick, and i think she said she was going to stay home and rest and it wasn't till today that i found out the truth [22:46] yeah it's a real bummer that it was a false alarm [22:46] like i said she could have possibly been sick but wasnt being honest about it [22:46] it is a big bummer that we wasted so much time on it, but it doesn't change that we found her body [22:46] yeah we know how the night went, we just dont know if she was really asleep when the phone rang [22:46] i just wish she would have just told us the truth instead of getting her feelings hurt [22:46] the real question is: why is it a phone? [22:46] that's all i got [22:46] so that's it [22:46] yeah and she's got to go find out if she's pregnant [22:46] and i guess there's no point in trying to hide the pregnancy [22:46] she said it was just a few days ago [22:46] wait what [22:46] maybe her parents are going to find it [22:46] ok [22:46] maybe if her parents find out she's pregnant [22:46] they'll just throw you out [22:46] they will [22:47] why do you think she was crying? [22:47] well, I mean, I know it's weird but [22:47] no, you're right [22:47] I mean, it was pretty strange [22:47] she just seemed, well [22:47] I don't think she could have known the guy or not [22:47] there's been plenty of reports of people getting "paedo" on the site [22:47] so it could have just been that her brain just caught on [22:47] like that one guy who was arrested last year for having a lot of chatroom porn [22:47] which is like a whole different thing [22:48] and it just happened to be in that section that she kept checking [22:48] yeah [22:48] like it's not like she has this huge fucking file of porn on her computer [22:48] so if it happens to be in one place, it's not like she's a big fucking voyeur [22:49] but still, she was watching the entire thing [22:49] yes, and that is probably why the guy stopped her [22:49] I can see your point of view [22:50] and it was also in that section that she just kept checking [22:50] yes, and I can say that she just seemed so interested in the guy that she wouldn't mind if he was watching [22:50] and that's not exactly the case with me either [22:50] but, if she's only interested in other men, then she's obviously gay [22:51] which is just something to remember [22:51] and she's so smart, but I can't see her getting on with me [22:51] she has a crush on me, but I don't even know where to start [22:52] I was at a party in NY, and someone I knew was talking to her, and they had been flirting. I didn't get a chance to respond, but I am a nice guy. She said she didn't want to talk about it any more. I am a nice guy, and I know that flirting is bad, but I also know that I like her and I think that there's a chance that it could go somewhere. I want to have a relationship with her, I don't really know where to start [22:52] you'd have to ask her yourself [22:52] but it seems like you don't have to [22:52] but if that's your only point she can't really say something else... [22:52] i think if you were to say you didn't want to have sex with her, you would lose her... [22:52] i'm not even really interested in that right now [22:53] it just seems like she wants to have sex with you [22:53] and is hoping that you'll say yes [22:53] i guess so... [22:53] but she doesn't seem to be trying to win your votes [22:53] maybe she's just trying to piss you off [22:54] and you don't have the time to argue with her [22:54] the internet is a bitch. [22:54] but i know she's just trying to be funny [22:54] and to make a point [22:54] so why can't i? [22:54] yeah [22:54] what do you mean? [22:54] jalockk: i've never seen a single one of these people [22:54] but i see them every day [22:54] and they say the same shit [22:54] we don't like the idea of them being taken out because they are not the ones we really are against [22:54] well i don't think we need to be very big to do that [22:54] but they are a part of it [22:55] the people that dont like us [22:55] the people that are behind all this [22:55] or just the people [22:55] not the people [22:55] it's the people that don't have an opinion [22:56] we should never let our ignorance define us [22:56] well we're doing it now [22:56] and it's not even funny [22:56] it's just sad [22:56] no it's a serious problem [22:56] it's not funny [22:56] and the truth is sadder [22:56] i don't understand why he hates himself so much [22:56] is it because of the death [22:56] or the lies he told [22:56] that's what im trying to figure out too [22:57] not that there is an obvious answer to why he does what he does [22:57] i think he is a pretty shitty person [22:57] the lies hurt more [22:57] i really really wish i could understand [22:58] that's why i'm here to explain the way out [22:58] if i explain it to you in words [22:58] well i don't know you [22:58] i have to explain it to you in a way that makes sense to you [22:58] in english [22:58] and that's how [22:58] this whole thing starts with a picture of a woman [22:58] holding up a phone with the words "HELLO" on the screen [22:58] it's a picture of me [22:58] It's a pic of me in a hat [22:58] and i'm in the hat [22:58] which isnt me [22:58] i'm the one with the hat [22:59] i wear a hat to hide my face [22:59] and when i say this i don't really say "i'm the hat" [22:59] i say "i'm the hat" [22:59] oh okay [22:59] ok let me get this straight [22:59] if we're talking about the "why" [22:59] what the actual, fucking, fuck [22:59] why did she do it [22:59] the "when" part I'm not clear about [22:59] i'd assume that's the part we're discussing [22:59] ok i'm getting out of this [22:59] but yeah the "what" [22:59] yeah [22:59] and it seems like the "how" [22:59] isnt really a big deal [22:59] i think it is [22:59] the fact that we all agree on what it is [22:59] and are people who say its a big deal really saying it on the op? or is it on the op, and people who say its a big deal are just assholes? [22:59] we're pretty fucking certain it's not a big deal [22:59] if you're not convinced [22:59] please say so in the thread [22:59] i'd love to hear your arguments [22:59] the op is just a big deal, it is a huge deal, we've done the math, and there is no downside [22:59] we've actually spent the last 2 days talking about it [22:59] it doesn't really have any consequences on us, as we won't do anything stupid [22:59] we'd be better off not having it in the first place [22:59] it doesn't really matter [22:59] I know I'm a bit biased but... this whole thing feels like it's been set up to be solved by trolls [22:59] not to mention that we can already see a lot of the stuff they are talking about, they just don't want to talk about it [22:59] it's not like they would go back to it and say "we got this, so why don't you shut up!" [22:59] It's frustrating to see them try and keep this open... but it's a shame to see what happens when they fail. [22:59] I love how it seems like the more they try to keep it secret, the more they are forced to keep it open [22:59] :O [23:00] well we don't know yet what they have planned for the next phase but there's a lot of work to be done [23:00] no one knows what we'll be doing now, so if we do everything right, we could actually end up with some more power [23:00] i'm not saying we'll get that, we'll have to wait and see [23:00] maybe i'm just a bit optimistic [23:00] or maybe i'm just stupid? [23:01] i dunno i don't care anymore [23:01] just wait it out [23:01] no time to waste [23:01] let them make it as easy as possible [23:01] and keep an eye on what they say next [23:01] well that could mean some kind of delay [23:01] like they are going to push it out [23:01] well, that's their prerogative [23:01] what they said a month ago is what they're saying now? [23:01] Ok, I'm gonna leave this here: http://en.wikipedia.org/wiki/Woot\_com [23:01] but I can't find the link right now. :( [23:01] it's been posted to the website of the US government [23:01] so you know it's legit [23:02] oh. Ok. [23:02] so it's legit [23:02] ok. [23:02] So, we're not really at the point of doing the whole, "we have a solution" thing, so much as a "we have a general idea" thing. [23:03] i think that's what we're going for [23:03] the problem, in my experience, is that it's hard for people to really figure out what you're talking about. I would assume that with a lot of the work that's going on there are some people who are really good at solving it. I'm not. [23:04] i mean, it is sort of in the realm of "people" [23:04] that we've been able to make progress on this, so i am assuming you have done a lot of that work? [23:04] i would have to ask someone else how they are doing it [23:05] in terms of the algorithms they use [23:05] or other tools [23:06] http://bitinfocharts.com/blocksize-and-bitcoin-future-chart/ [23:06] but i don't know how you guys did it in a way that is also practical [23:06] no problem. it's been done. [23:06] just don't expect anyone to do it for you [23:07] i'll have to ask you that one [23:07] if you have a better idea please post it here and we'll discuss it [23:07] but if we don't have a better idea then we don't know what you're talking about [23:08] it's not our fault they are doing it [23:08] they do it to us [23:08] we don't have any other solution [23:08] but they have access to your wallet [23:09] you are paying for access to it [23:09] so they are getting access [23:09] you are paying to keep their access to your wallet [23:10] I am paying to keep your access to your wallet [23:10] they are making you do it [23:10] i am paying them to keep access to my wallet [23:10] that is what i have been told to do [23:10] what i was told to do [23:10] i am also paying them for this access [23:10] I am not paying to keep access to my wallet for them [23:11] I am paying them for this access [23:11] to mine in their account for them [23:12] well, that was fun [23:12] oh, that's too bad [23:12] it's all for you [23:12] you are mining it for them [23:12] so much for that [23:12] but then you are the victim of a scam, not me [23:13] oh, ok [23:13] it's a good thing you are aware now, because that is a great way to get scammed [23:13] so what's up? [23:14] ok [23:14] we've been looking for you for a while now and we can't find you. [23:14] ok. so what's up? [23:15] the last time you were on IRC we started doing our own investigation and you didn't know where you were or how long you'd been gone [23:15] so we thought that since you weren't there anymore that it had to be a scam [23:15] which it is [23:15] http://www.youtube.com/watch?v=h0bzvq8Fx7Y [23:15] yeah. but it doesnt tell you that [23:15] you gotta ask [23:15] you got that right [23:16] alright. let me see if I can find something similar [23:16] https://www.youtube.com/watch?v=nUZpwWg1g\_s [23:16] http://www.youtube.com/watch?v=pFwX4jJYqhI [23:16] i have a different one [23:16] http://www.youtube.com/watch?v=h\_h2rK4V7ZM [23:16] it is shorter [23:16] it has less information [23:17] http://www.youtube.com/watch?v=DYpq6H2jkZg [23:17] http://www.youtube.com/watch?v=DYpq6H2jkZg [23:17] http://www.youtube.com/watch?v=DYpq6H2jkZg [23:17] http://www.youtube.com/watch?v=DYpq6H2jkZg [23:17] http://www.youtube.com/watch?v=DYpq6H2jkZg [23:17] http ://www.youtube.com [23:17] http://www.youtube.com [23:17] http://www.youtube.com [23:17] ok I have been listening [23:18] let me hear your response to the question "why are you talking on the radio?" [23:18] "The answer to that is because I was just trying to communicate with the community" [23:18] why do you think it's a good idea to try to communicate with the community? [23:18] you don't need to ask, we're going to have a drink [23:18] let me get you something to drink [23:18] i will be back later [23:18] in like 2 mins [23:18] can you hear me? [23:18] yes, I can hear you [23:18] are you a bot? [23:18] no, i am human [23:19] oh [23:19] good to know [23:19] you're just very very drunk, i guess [23:19] just go to sleep [23:20] you just have to go to sleep [23:20] and it'll be over by the morning [23:20] i'll wait [23:21] but it was only a few hours ago [23:21] and i said it wouldn't be [23:21] so i'm guessing you can't help it [23:21] so is it over? [23:21] not sure if you can help it or not, but if you have any questions or suggestions, do send them to me [23:22] but yeah, there is no immediate threat at all [23:22] but i dont know what to do at the moment, maybe i should move everything to another server [23:22] but i have the code and the rpc server [23:22] you can do that? [23:22] yeah, just let me know what you want [23:22] okay, how do i run rpc from my localhost? [23:22] just open up a terminal and run "rpcuser -i 127.0.0.1" [23:22] okay [23:22] let's go back to maint [23:22] I'm going to add another option to run the wallet (wallet.conf) as a non root user [23:22] I'm going to add rpcuser as an option, and rpcpassword as a second option [23:22] and then run as root [23:23] okay, so what do i want the output of this command to be [23:23] the output should be something like "1" [23:23] what should i put in the command? [23:23] for now, i'll just type it out [23:23] rpcuser=myuser rpcpassword=mypassword [23:23] run_in_remote.sh --port=21 --listen=127.0.0.1:2222 [23:23] you should be able to type that in [23:23] and it should go through ok. you should see something like this: [23:23] [00:11] [23:21] [00:20] [23:23] what do i do to make the next post more visible? [23:23] can someone send a screenshot of the reddit post to me? [23:23] @emmaw [23:23] i can give you my address in case you want to send something there [23:23] you're welcome [23:23] well im going to have to ask the mod team that question now [23:23] thanks for the offer, we'll think about it [23:23] :) [23:23] i'll give you the link soon, also [23:23] but please don't PM me about that :) [23:24] sure [23:24] i'll leave it with you [23:24] but i'll check it again [23:24] later [23:25] so is this the one with the red pill? [23:25] or redpilled? [23:25] redpilled [23:25] redpilled [23:25] ok [23:25] thanks [23:25] I got the link [23:25] yeah [23:25] this is a very big deal [23:25] I'm in a hurry, so I can't see the link, but what you're doing is a lot more powerful than most of what I've ever heard before [23:26] http://www.youtube.com/watch?v=Hjf7hKQ6uQg [23:26] that's a pretty long video [23:26] yeah [23:26] there's lots of cool stuff in there, too [23:26] it has a nice flow to it, too [23:26] so, you have to remember: don't focus on the structure, focus on the content [23:27] i see [23:27] not sure if thats just me though [23:27] its a good thing to have [23:27] not sure why the devs don't do it, but there are some good reasons [23:27] yeah i got your point [23:27] im happy to make it easy for you [23:27] and for other devs to do it as well [23:27] (at least a few of the devs are here to see this) [23:27] we could even get a group of devs to go talk to the press and try to have the topic in a few of the big gaming sites [23:28] this could be a great way to get the game out and to everyone else [23:28] and then we can move onto the next thing [23:28] if this is successful I think we can even get some of the smaller ones to try it [23:28] also if any of the other big ones do it this will get them in on the process
submitted by ShadowWolf525 to WeirdGeneratedStories [link] [comments]

Research on ChainLink / The future might be bright

Research on ChainLink / The future might be bright
I'm a bit skeptical about this project merely because I can't find the real usage of ChainLink and its tech in real life(At the moment) after I've read the white paper. I would be grateful if you my dear reader would like to discuss it. Before I start to review the project I want to clarify why I think the future might be bright and the present time, however, has a numerous problems that must be addressed.
The main problem is The Technology Adoption.
The technology adoption life cycle is a sociological model that describes the adoption or acceptance of a new product or innovation, in our case we can define the Cryptocurrency as the New Product, I hope that I am correct - that at the moment we are on the stage between Innovators and Early Adopters. My point is, so far a lot of people never heard about cryptocurrencies or even about Bitcoin and they haven't any clue why they need tokens or digital currencies, then that lack of education still leads to slow growth of popularization of cryptocurrencies and that requires the time. I don't talk about Venezuela it's a different story, people are terrified of the government and inflation, I talk about stable countries.
In additional, on the stage of early adoption, strategy is a critical part of the business model of any startup, and when customers must pay for a new product via new money aka cryptocurrencies, a number of issues arise for which it will be necessary to have a clear understanding.

https://preview.redd.it/rh978mvaecn21.jpg?width=1280&format=pjpg&auto=webp&s=a94569b3355258b59e37cd1803b8eae7df91c169
The second problem is high volatile and low liquidity of cryptocurrencies.
This problem affects almost on the whole sector. Of course, there are a lot of big and small online exchanges but all of them request KYC verification procedure which a potential barrier to the use cryptocurrencies. How many potential clients, StartUp can lose if it accepts only cryptocurrencies as payment method? If crypto payments would as one of variants with solid discount to cover exchanges fees of customers only then StartUp will greatly benefit from the increasing its clients' base.
For business. In the context of the high volatile of cryptocurrencies, the using of tokens can bring some problems for companies. For instance, I want to offer data feed to customers, first of all I think about the pricing structure for users, so if the token price will rise on 10% then I must force down the price in USD/EUFiat immediately, after then I need to exchange received tokens for USD or EUR or my national currency, because I pay taxes and my government doesn't accept cryptocurrencies. If even this process will be automatically, I will still pay fees on every stage and every fee is my potential profit.
White Paper.
White Paper were well written and required minimal tech skills to understand what to expect of such a new vision of the smart-contracts. So, this time, we're being offered to assess the future where the ChainLink provides algorithms on-chain and off-chain for B2B, B2C, C2C based on decentralized blockchain.
The on-chain algorithm.
"The ChainLink system proposes the use of a simple protocol involving threshold signatures. Such signatures can be realized using any of a number of signature schemes, but are especially simple to implement using Schnorr signature."
This algorithm is secure enough and include a rational steps for that. That means a confidentiality of a request to trustworthy data source will be protected and can't be used or revealed by compromised node.
"in order to decrypt an encrypted message or to sign a message, several parties (more than some threshold number) must cooperate in the decryption or signature protocol. The message is encrypted using a public key and the corresponding private key is shared among the participating parties." Wikipedia.
And furthermore, if you worry that single data source can be compromise by unauthorized persons than you can obtain data from several sources, also it effectively prevents the possibility of incorrect answer. But the off-chain algorithm is more interesting.
The off-chain algorithm.
Very interesting technology which can be used by government(as I think) for secure data transmission over the internet, so I recommend you to read how the Intel SGX works, the official site of Town Crier and then re-read the white paper. As written on the main page of Town Crier: "The Town Crier system leverages trusted hardware (Intel SGX) to provide a strong guarantee that data comes from an existing, trustworthy source. It also provides confidentiality, enabling smart contracts to support confidential queries and even manage user credentials." All three sources will get you more helpful information than I can write here. Here is nothing more I can think of to say, because this is the long-term technical strategy for ChainLink and it's still on development.
I almost agree to pay for a request. or Where is my profit?
So let's take some examples.
Shipping. My business model offers cheap shipping of parcels also you can track its geographical coordinates, the similar as you would track your Uber ride. No one on the market can't offer the analogous option, so I have the market where I can dictate the rules, then I notice that with the ChainLink platform, my business model can reduce significant cost on the prices of shipping if my customers will pay for each request of coordinates. Wow! My company will receive (If I correctly understand from the white paper, when user pay fees for the request, this fees divided on several parts, where my service receive one part and another one sends to the node or pool) extra fees from my customers. But let's back to customers, if my App will use the ChainLink platform then my users must pay via $Link token to know where are their parcels.
And here we must back to the major problem "The Technology Adoption", I know that my potential customer prefers to make an online payment via VISA or Master card instead of cryptocurrencies, in the result my potential customers will encounter difficulties like where to buy Bitcoin or Ethereum, how to exchange BTC or ETH for $Link token (The problem number two) and others small problems, don't forget about exchanges fees. And what do you think whose services they will choose? DHL, FedEx, UPS or maybe my company? Okay, you can say, at the moment you can use Bitcoin ATM, and then transfer cryptocurrency to the Enjin Wallet, where is easily exchange Bitcoin or Ethereum for any ERC20 token include $Link token. BUT a lot of people don't know about that and this is a problem. As well, my method incurs some sort of fees too.
Market data. For example, my company have exclusive rights on real-time stocks market data, that I sell in my App, and I can offer a price that's lower than the competition's. Well that's good for my business, BUT my clients want to obtain data instantaneously and here I can't offer them high speed of answers because API of my App works on the ChainLink platform. You can create and test your own smart-contract here to calculate the time from request to answer.
With all these issues will face every StartUp which want to work on the ChainLink platform, even if StartUp can offer something new to us, but we as users must pay for service through $Link token then this StartUp will lose a significant proportion of customers. Or StartAp must offer super exclusive data to create significant value for its client base.
In conclusion.
I don't want to blame the ChainLink platform, I want to say this project offers us interesting possibilities, but it depends on the circumstances of nowadays. In my view, when I can buy cryptocurrencies just as easily as ice-cream, then all things will depend on what can I offer you, to exchange my exclusive data for your $Link token.
And Finally, I would like to clarify that all these problems above are universal, but the recent projects which I reviewed have one major bonus, they have a working platform/site with loyal customers. On the other side the ChainLink platform, it has a good idea too, but the area of its usage hasn't the mainstream user, that leads to slow adoption of technology and higher levels of frustration for investors.
PS.
It's not a financial advice.
I haven't any investments in $LINK.
I continue to follow /ChainLink.
I want to apologize for possible errors bc english is not my native language.
submitted by Fanfan_la_Tulip to SAFU [link] [comments]

Is Crypto Currency truly at risk due to Quantum Computers, and what can you do about it?

Is Crypto Currency truly at risk due to Quantum Computers, and what can you do about it?

There is no denying that the Quantum revolution is coming. Security protocols for the internet, banking, telecommunications, etc... are all at risk, and your Bitcoins (and alt-cryptos) are next!
This article is not really about quantum computers[i], but, rather, how they will affect the future of cryptocurrency, and what steps a smart investor will take. Since this is a complicated subject, my intention is to provide just enough relevant information without being too “techy.”

The Quantum Evolution

In 1982, Nobel winning physicist, Richard Feynman, hypothesized how quantum computers[ii] would be used in modern life.
Just one year later, Apple released the “Apple Lisa”[iii] – a home computer with a 7.89MHz processor and a whopping 5MB hard drive, and, if you enjoy nostalgia, it used 5.25in floppy disks.
Today, we walk around with portable devices that are thousands of times more powerful, and, yet, our modern day computers still work in a simple manner, with simple math, and simple operators[iv]. They now just do it so fast and efficient that we forget what’s happening behind the scenes.
No doubt, the human race is accelerating at a remarkable speed, and we’ve become obsessed with quantifying everything - from the everyday details of life to the entire universe[v]. Not only do we know how to precisely measure elementary particles, we also know how to control their actions!
Yet, even with all this advancement, modern computers cannot “crack” cryptocurrencies without the use of a great deal more computing power, and since it’s more than the planet can currently supply, it could take millions, if not billions, of years.
However, what current computers can’t do, quantum computers can!
So, how can something that was conceptualized in the 1980’s, and, as of yet, has no practical application, compromise cryptocurrencies and take over Bitcoin?
To best answer this question, let’s begin by looking at a bitcoin address.

What exactly is a Bitcoin address?

Well, in layman terms, a Bitcoin address is used to send and receive Bitcoins, and looking a bit closer (excuse the pun), it has two parts:[vi]
A public key that is openly shared with the world to accept payments. A public key that is derived from the private key. The private key is made up of 256 bits of information in a (hopefully) random order. This 256 bit code is 64 characters long (in the range of 0-9/a-f) and further compressed into a 52 character code (using RIPEMD-160).
NOTE: Although many people talk about Bitcoin encryption, Bitcoin does not use Encryption. Instead, Bitcoin uses a hashing algorithm (for more info, please see endnote below[vii]).
Now, back to understanding the private key:
The Bitcoin address “1EHNa6Q4Jz2uvNExL497mE43ikXhwF6kZm” translates to a private key of “5HpHagT65TZzG1PH3CSu63k8DbpvD8s5ip4nEB3kEsreAnchuDf” which further translates to a 256 bit private key of “0000000000000000000000000000000000000000000000000000000000000001” (this should go without saying, but do not use this address/private key because it was compromised long ago.) Although there are a few more calculations that go behind the scenes, these are the most relevant details.
Now, to access a Bitcoin address, you first need the private key, and from this private key, the public key is derived. With current computers, it’s classically impractical to attempt to find a private key based on a public key. Simply put, you need the private key to know the public key.
However, it has already been theorized (and technically proven) that due to private key compression, multiple private keys can be used to access the same public key (aka address). This means that your Bitcoin address has multiple private keys associated with it, and, if someone accidentally discovers or “cracks” any one of those private keys, they have access to all the funds in that specific address.
There is even a pool of a few dedicated people hunting for these potential overlaps[viii], and they are, in fact, getting very efficient at it. The creator of the pool also has a website listing every possible Bitcoin private key/address in existence[ix], and, as of this writing, the pool averages 204 trillion keys per day!
But wait! Before you get scared and start panic selling, the probability of finding a Bitcoin address containing funds (or even being used) is highly unlikely – nevertheless, still possible!
However, the more Bitcoin users, the more likely a “collision” (finding overlapping private/public key pairs)! You see, the security of a Bitcoin address is simply based on large numbers! How large? Well, according to my math, 1.157920892373x1077 potential private keys exist (that number represents over 9,500 digits in length! For some perspective, this entire article contains just over 14,000 characters. Therefore, the total number of Bitcoin addresses is so great that the probability of finding an active address with funds is infinitesimal.

So, how do Quantum Computers present a threat?

At this point, you might be thinking, “How can a quantum computer defeat this overwhelming number of possibilities?” Well, to put it simple; Superposition and Entanglement[x].
Superposition allows a quantum bit (qbit) to be in multiple states at the same time. Entanglement allows an observer to know the measurement of a particle in any location in the universe. If you have ever heard Einstein’s quote, “Spooky Action at a Distance,” he was talking about Entanglement!
To give you an idea of how this works, imagine how efficient you would be if you could make your coffee, drive your car, and walk your dog all at the same time, while also knowing the temperature of your coffee before drinking, the current maintenance requirements for your car, and even what your dog is thinking! In a nutshell, quantum computers have the ability to process and analyze countless bits of information simultaneously – and so fast, and in such a different way, that no human mind can comprehend!
At this stage, it is estimated that the Bitcoin address hash algorithm will be defeated by quantum computers before 2028 (and quite possibly much sooner)! The NSA has even stated that the SHA256 hash algorithm (the same hash algorithm that Bitcoin uses) is no longer considered secure, and, as a result, the NSA has now moved to new hashing techniques, and that was in 2016! Prior to that, in 2014, the NSA also invested a large amount of money in a research program called “Penetrating Hard Targets project”[xi] which was used for further Quantum Computer study and how to break “strong encryption and hashing algorithms.” Does NSA know something they’re not saying or are they just preemptively preparing?
Nonetheless, before long, we will be in a post-quantum cryptography world where quantum computers can crack crypto addresses and take all the funds in any wallet.

What are Bitcoin core developers doing about this threat?

Well, as of now, absolutely nothing. Quantum computers are not considered a threat by Bitcoin developers nor by most of the crypto-community. I’m sure when the time comes, Bitcoin core developers will implement a new cryptographic algorithm that all future addresses/transactions will utilize. However, will this happen before post-quantum cryptography[xii]?
Moreover, even after new cryptographic implementation, what about all the old addresses? Well, if your address has been actively used on the network (sending funds), it will be in imminent danger of a quantum attack. Therefore, everyone who is holding funds in an old address will need to send their funds to a new address (using a quantum safe crypto-format). If you think network congestion is a problem now, just wait…
Additionally, there is the potential that the transition to a new hashing algorithm will require a hard fork (a soft fork may also suffice), and this could result in a serious problem because there should not be multiple copies of the same blockchain/ledger. If one fork gets attacked, the address on the other fork is also compromised. As a side-note, the blockchain Nebulas[xiii] will have the ability to modify the base blockchain software without any forks. This includes adding new and more secure hashing algorithms over time! Nebulas is due to be released in 2018.

Who would want to attack Bitcoin?

Bitcoin and cryptocurrency represent a threat to the controlling financial system of our modern economy. Entire countries have outright banned cryptocurrency[xiv] and even arrested people[xv], and while discrediting it, some countries are copying cryptocurrency to use (and control) in their economy[xvi]!
Furthermore, Visa[xvii], Mastercard[xviii], Discover[xix], and most banks act like they want nothing to do with cryptocurrency, all the while seeing the potential of blockchain technology and developing their own[xx]. Just like any disruptive technology, Bitcoin and cryptocurrencies have their fair share of enemies!
As of now, quantum computers are being developed by some of the largest companies in the world, as well as private government agencies.
No doubt, we will see a post-quantum cryptography world sooner than most realize. By that point, who knows how long “3 letter agencies” will have been using quantum technology - and what they’ll be capable of!

What can we do to protect ourselves today?

Of course, the best option is to start looking at how Bitcoin can implement new cryptographic features immediately, but it will take time, and we have seen how slow the process can be just for scaling[xxi].
The other thing we can do is use a Bitcoin address only once for outgoing transactions. When quantum computers attack Bitcoin (and other crypto currencies), their first target will be addresses that have outgoing transactions on the blockchain that contain funds.
This is due to the fact that when computers first attempt to crack a Bitcoin address, the starting point is when a transaction becomes public. In other words, when the transaction is first signed – a signed transaction is a digital signature derived from the private key, and it validates the transaction on the network. Compared to classical computers, quantum computers can exponentially extrapolate this information.
Initially, Bitcoin Core Software might provide some level of protection because it only uses an address once, and then sends the remaining balance (if any) to another address in your keypool. However, third party Bitcoin wallets can and do use an address multiple times for outgoing transactions. For instance, this could be a big problem for users that accept donations (if they don’t update their donation address every time they remove funds). The biggest downside to Bitcoin Core Software is the amount of hard-drive space required, as well as diligently retaining an up-to-date copy of the entire blockchain ledger.
Nonetheless, as quantum computers evolve, they will inevitably render SHA256 vulnerable, and although this will be one of the first hash algorithms cracked by quantum computers, it won’t be the last!

Are any cryptocurrencies planning for the post-quantum cryptography world?

Yes, indeed, there are! Here is a short list of ones you may want to know more about:

Full disclosure:

Although I am in no way associated with any project listed above, I do hold coins in all as well as Bitcoin, Litecoin and many others.
The thoughts above are based on my personal research, but I make no claims to being a quantum scientist or cryptographer. So, don’t take my word for anything. Instead, do your own research and draw your own conclusions. I’ve included many references below, but there are many more to explore.
In conclusion, the intention of this article is not to create fear or panic, nor any other negative effects. It is simply to educate. If you see an error in any of my statements, please, politely, let me know, and I will do my best to update the error.
Thanks for reading!

References

[i] https://www.youtube.com/watch?v=JhHMJCUmq28 – A great video explaining quantum computers.
[ii] https://www.doc.ic.ac.uk/~nd/surprise_97/journal/vol4/spb3/ - A brief history of quantum computing.
[iii] https://en.wikipedia.org/wiki/Apple_Lisa - More than you would ever want to know about the Apple Lisa.
[iv] https://www.youtube.com/watch?v=tpIctyqH29Q&list=PL8dPuuaLjXtNlUrzyH5r6jN9ulIgZBpdo - Want to learn more about computer science? Here is a great crash course for it!
[v] https://www.collinsdictionary.com/dictionary/english/quantify - What does quantify mean?
[vi] https://en.bitcoin.it/wiki/Private_key - More info about Bitcoin private keys.
[vii] https://www.securityinnovationeurope.com/blog/page/whats-the-difference-between-hashing-and-encrypting - A good example of the deference between Hash and Encryption
[viii] https://lbc.cryptoguru.org/stats - The Large Bitcoin Collider.
[ix] http://directory.io/ - A list of every possible Bitcoin private key. This website is a clever way of converting the 64 character uncompressed key to the private key 128 at a time. Since it is impossible to save all this data in a database and search, it is not considered a threat! It’s equated with looking for a single needle on the entire planet.
[x] https://uwaterloo.ca/institute-for-quantum-computing/quantum-computing-101#Superposition-and-entanglement – Brief overview of Superposition and Entanglement.
[xi] https://www.washingtonpost.com/world/national-security/nsa-seeks-to-build-quantum-computer-that-could-crack-most-types-of-encryption/2014/01/02/8fff297e-7195-11e3-8def-a33011492df2_story.html?utm_term=.e05a9dfb6333 – A review of the Penetrating Hard Targets project.
[xii] https://en.wikipedia.org/wiki/Post-quantum_cryptography - Explains post-quantum cryptography.
[xiii] https://www.nebulas.io/ - The nebulas project has some amazing technology planned in their roadmap. They are currently in testnet stage with initial launch expected taking place in a few weeks. If you don’t know about Nebulas, you should check them out. [xiv] https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory - Country’s stance on crypto currencies.
[xv] https://www.cnbc.com/2017/08/30/venezuela-is-one-of-the-worlds-most-dangerous-places-to-mine-bitcoin.html - Don’t be a miner in Venezuela!
[xvi] http://www.newsweek.com/russia-bitcoin-avoid-us-sanctions-cryptocurrency-768742 - Russia’s plan for their own crypto currency.
[xvii] http://www.telegraph.co.uk/technology/2018/01/05/visa-locks-bitcoin-payment-cards-crackdown-card-issue - Recent attack from visa against crypto currency.
[xviii] https://www.ccn.com/non-government-digital-currency-junk-says-mastercard-ceo-rejecting-bitcoin/ - Mastercards position about Bitcoin.
[xix] http://www.livebitcoinnews.com/discover-joins-visa-mastercard-barring-bitcoin-support/ - Discovers position about Bitcoin.
[xx] http://fortune.com/2017/10/20/mastercard-blockchain-bitcoin/ - Mastercard is making their own blockchain.
[xxi] https://bitcoincore.org/en/2015/12/21/capacity-increase/ - News about Bitcoin capacity. Not a lot of news…
[xxii] https://learn.iota.org/faq/what-makes-iota-quantum-secure - IOTA and quantum encryption.
[xxiii] https://eprint.iacr.org/2011/191.pdf - The whitepaper of Winternitz One-Time Signature Scheme
[xxiv] https://cardanoroadmap.com/ - The Cardano project roadmap.
[xxv] https://eprint.iacr.org/2017/490 - More about the BLISS hash system.
[xxvi] https://www.ethereum.org/ - Home of the Ethereum project.
[xxvii] https://en.wikipedia.org/wiki/SHA-3#Security_against_quantum_attacks – SHA3 hash algorithm vs quantum computers.
[xxviii] https://en.wikipedia.org/wiki/Lamport_signature - Lamport signature information.
[xxix] https://theqrl.org/ - Home of the Quantum Resistant Ledger project.
submitted by satoshibytes to CryptoCurrency [link] [comments]

FAQ & Daily General Discussion - January 3th, 2018

FAQ below, daily discussion in the comments! /RaiTrade for all price and trading related posts
Welcome!
As only 2 stickied threads are possible, we have decided to combine the "Are you new here" and the daily discussion thread. XRB is attracting more and more people, both veterans and newbies in the cryptoworld. As XRB is quite a bit different than other coins/blockchains, it's normal that a lot of users have (the same) questions. So please, before making a new thread, read this post first and use the search bar! Threads that are created which contain a question to which an answer is available here, will be locked and directed to this post.
 
Guidelines for posting in this thread:
 
Questions, debates, meta issues, etc are all welcome. Breaking news should be posted separately from this thread. Rules:
 
Be respectful to one another. Follow the golden rule. No trolling or shilling.
 
Guidelines for posting new threads:
 
Is your thread something that does not fit in the daily thread or in another 'general' thread? Do you have a question, and it's not in the list below? Do you have exiting news to post? Did you use the search bar first? Good, go ahead :-)
 
The Whitepaper: In logical order, we start with the whitepaper. It contains the complete details about RaiBlocks, including some more technical details. Even if you're not technical, take a quick look at it. It will explain a lot! https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf
 
The FAQs: Now the technical FAQs, a document explaining how it works, how it compares to other coins, ... https://raiblocks.net/media/RaiBlocks_FAQ.pdf
 
Let's keep a decent overview of other, more practical questions :-)
 
Guide to set up your wallet https://www.reddit.com/RaiBlocks/comments/7bw77e/how_to_setup_your_desktop_wallet/
 
How do I buy or store XRB? Check out these guides: https://www.reddit.com/RaiBlocks/comments/7i0co0/the_definitive_guide_to_buying_and_storing/ https://www.reddit.com/RaiBlocks/comments/7iv89b/how_to_buy_xrb_without_waiting_for_a_transaction/
 
My desktop wallet isn't syncing! Do the numbers between the brackets still move? Good. The numbers before the parentheses are the number of blocks the wallet has verified, the numbers between parentheses is the amount of downloaded-but-not-yet-verified blocks. Is the wallet unlocked? Good, it needs to be unlocked to be able to sync. Still nothing? Go to 'accounts' - 'use account'. Still nothing? Close the wallet, reopen it.
 
What is a representative? Ah, so you haven't read the whitepaper haven't you... When conflicting blocks arise, a vote will have to be cast on which block to accept. Since you won't be online 24/7, you can outsource your voting power to a representative, who are online 24/7. They cannot access your funds, and you can change it anytime.
 
What is the incentive to run a node? Apart from helping the network and making it more secure, this user gives a detailed answer: https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/
 
My transaction isn't visible in my wallet or it says 'not pocketed' on the block explorer! Is your wallet fully synced? Yes? Good, it needs to be completely synced before it will show your balances. Nothing? Go to "https://raiblocks.net/account/index.php?acc=ADDRESS HERE". Do you see the transaction there (as 'not pocketed')? Good, that means that it's just a matter of showing it in your wallet, the coins are linked to your address already. In your wallet, go to 'Accounts' - 'Use account', 'Back', 'Advanced' - 'Search for receivables'. Did it work? Good. If not, go to 'Advanced' - 'Account explorer', hit refresh. Still nothing? Close/kill the wallet and reopen it. Still nothing? Go to 'Advanced' and change the unit from Mxrb to xrb and back to Mxrb. Stillll nothing? Fine, make a thread!
 
The syncing is sooo slow!! On HDD, it can take a couple days for it to sync. Why? Every block is only 400bytes in size, they all need to be written on your HDD. SSD takes about 12h. Check the bottom of this post for a shortcut if you use HDD (or SSD and have no patience :-) ).
 
My withdrawal from BitGrail/Mercatox isn't working!! BitGrail and Mercatox are having quite some issues, both due to a bug in their RaiBlocks node, and because of being overwelmed. They have to do each withdrawal manually. Log a ticket and have patience! Mercatox support: https://mercatox.com/support BitGrail support: to be added when they're back
 
We need a new exchange & website & ...!! Indeed, large exchange would be super!. But before that, we need a new website, mobile wallets, ... Those are in the make. Don't ask about the new exchanges, no one knows!
 
What is the incentive to run a node? There is no monetary reward, but tread this post/comment! https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/
 
We're limited to 7k TPS, how's that scalable!? The current limitation of 7K TPS is a hardware limitation of writing data to the disk, not a protocol limitation. As hardware improves, so will the TPS limit.
 
Does the receiver account have to be online when I create my send transaction? No, whenever the send transaction goes out, the funds are "not pocketed" by the receiver. The funds are as good as the receivers and cannot be revoked by the sender. "Not pocketed" funds do NOT expire.
 
What are "not pocketed" funds? A transaction consists of a "send" and a "receive" transaction. During the period where a "send" doesn't have its partnering "receive" transaction, the accounts are considered "not pocketed" by the recipient. "Not pocketed" funds are securely the receiver's funds. Once the receiver's wallet comes online, is fully synced, and unlocked, the funds will automatically be signed into their account chain.
 
What are the requirements to run a node? Currently the only real recommendation is to have a fast storage medium, such as an SSD instead of HDD. This is because currently the full node software does a lot of disk I/O for rapidly processing transactions. This may change with future full node versions that better utilize available system RAM and relax disk I/O.
 
What do the numbers at the top of the desktop wallet mean? The numbers will look like: processed (unprocessed downloaded) Where "processed" is the number of downloaded blocks that your node has processed, and "unprocessed downloaded" are blocks that your software has downloaded but not processed yet. To be fully synced, all blocks must be processed. As new transactions are created on the network, they will be downloaded into the "unprocessed" category to be subsequently processed.
 
How can I run a full node? The desktop wallet is already a full node! Just by running it you are helping
 
Can I send funds to my wallet before it is synced? Yes. Funds can be sent to any "xrb_" address, even if they were created in an offline environment. RaiBlocks is exactly the same as ethereum or bitcoin in this sense. The funds will show up when the wallet is fully synced with the network. Make sure to back up your seed!
 
How do I backup my wallet? Just write down your seed and keep it in a safe place. All accounts generated from that seed will be generated again (in order) when you restore that seed.
 
Can I reuse an address? Yes, unlike IOTA you can reuse addresses like in Bitcoin and Ethereum. Please understand the reasoning for this; IOTA does this because it is a drawback to the quantum-proof digital signature algorithm they use. RaiBlocks' current digital signature algorithm is not quantum proof, but the devs have expressed interest in changing to a quantum-proof algortihm as the field matures and quantum computers become a more significant threat to the network.
 
What's up with the units? Currently the ticker XRB on exchanges represents 1 Mxrb (or million xrb). As the name suggests, 1Mxrb = 1000000 xrb. The smallest unit of RaiBlocks is the raw. There are 1024 raw in an xrb, or 1030 raw in an Mxrb/XRB. Whenever people are talking, they are generally talking in XRB or equivalently Mxrb
 
What is the max supply? The max supply is 133,248,290 XRB. For units see the question above. Why this number? Well RaiBlock's value is kept in a uint128 variable (unsigned 128-bit integer). An uint128 has max value (2128)-1, which is approximately 340,282,366,920,938,000,000,000,000,000,000,000,000. This was the original number of "raw" in RaiBlocks. RaiBlocks was distributed via a Captcha faucet distribution system; of which 133,248,290 XRB were distributed. Due to some non-technical issues, the faucet distribution was cut short and the remaining quantity was burned. This leaves just 133,248,290 XRB (approximately 133,248,290,000,000,000,000,000,000,000,000,000,000 raw) circulating.
 
Can someone access my funds even if I use a password (desktop wallet) Yes. The password feature of the desktop wallet just encrypts the seed locally on your computer. If anyone gets access to your plaintext (unencrypted seed, the thing we tell you to backup) they have access to your funds. The benefit of the password is that if someone has access to your computer, they don't immediately have access to your raiblocks.
 
Whats a seed? What's a private key? Whats a public key? Any time you set up a Raiblocks address (such as creating a new wallet) , you will be provided with a "Seed" which is 64 characters of text that is unique to your wallet. Do not store your seed online (e.g do not screenshot, email or save it in a file) because anyone with the seed can access all accounts on it and take all of your Rai! The reason why it is provided is so that if for any reason you need to recover your account(s) you can do so without the original wallet you created the account on, so keep it safe!
 
Tips & Tricks * Transferring BTC between exchanges can be expensive and relatively fast (think hour(s)), or cheap and slow (think a few days). LTC or ETH transfers are faster, but make sure to check the discrepancy in BTC-LTC or BTC-ETH prices on markets with low volume! * 1 XRB as bought on an exchange is 1 million xrb, aka Rai. 1 Rai = 1024th raw, the smallest units on the RaiBlocks network. * 'Not pocketed' can stay like that indefinitely. If you want to spend the coins, you'll have to sync your wallet and create a 'RECEIVE' block though (this is done by Advanced - Check for receivables in the desktop wallet).
 
Want to try out the instant transactions without any fees? Check out This link
 
Daily update of data.ldb for 1st sync Want to skip the long sync time? Save your seed, check Readme.txt if you are going to use this method to speed up 1st wallet sync! Confirm the checksums/links in the #support channel at https://chat.raiblocks.net/. It's usually posted by SergSW. This link or this slightly newer one will guide you through it, but use the links below for the most recent files.
 
Find the latest updated DB files in the wiki page: https://www.reddit.com/RaiBlocks/wiki/index
Make sure to read the readme.txt!!
submitted by Crypto_Jasper to RaiBlocks [link] [comments]

FAQ & Daily General Discussion - January 1th, 2018

FAQ below, daily discussion in the comments! /RaiTrade for all price and trading related posts
Welcome!
As only 2 stickied threads are possible, we have decided to combine the "Are you new here" and the daily discussion thread. XRB is attracting more and more people, both veterans and newbies in the cryptoworld. As XRB is quite a bit different than other coins/blockchains, it's normal that a lot of users have (the same) questions. So please, before making a new thread, read this post first and use the search bar! Threads that are created which contain a question to which an answer is available here, will be locked and directed to this post.
 
Guidelines for posting in this thread:
 
Questions, debates, meta issues, etc are all welcome. Breaking news should be posted separately from this thread. Rules:
 
Be respectful to one another. Follow the golden rule. No trolling or shilling.
 
Guidelines for posting new threads:
 
Is your thread something that does not fit in the daily thread or in another 'general' thread? Do you have a question, and it's not in the list below? Do you have exiting news to post? Did you use the search bar first? Good, go ahead :-)
 
The Whitepaper: In logical order, we start with the whitepaper. It contains the complete details about RaiBlocks, including some more technical details. Even if you're not technical, take a quick look at it. It will explain a lot! https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf
 
The FAQs: Now the technical FAQs, a document explaining how it works, how it compares to other coins, ... https://raiblocks.net/media/RaiBlocks_FAQ.pdf
 
Let's keep a decent overview of other, more practical questions :-)
 
Guide to set up your wallet https://www.reddit.com/RaiBlocks/comments/7bw77e/how_to_setup_your_desktop_wallet/
 
How do I buy or store XRB? Check out these guides: https://www.reddit.com/RaiBlocks/comments/7i0co0/the_definitive_guide_to_buying_and_storing/ https://www.reddit.com/RaiBlocks/comments/7iv89b/how_to_buy_xrb_without_waiting_for_a_transaction/
 
My desktop wallet isn't syncing! Do the numbers between the brackets still move? Good. The numbers before the parentheses are the number of blocks the wallet has verified, the numbers between parentheses is the amount of downloaded-but-not-yet-verified blocks. Is the wallet unlocked? Good, it needs to be unlocked to be able to sync. Still nothing? Go to 'accounts' - 'use account'. Still nothing? Close the wallet, reopen it.
 
What is a representative? Ah, so you haven't read the whitepaper haven't you... When conflicting blocks arise, a vote will have to be cast on which block to accept. Since you won't be online 24/7, you can outsource your voting power to a representative, who are online 24/7. They cannot access your funds, and you can change it anytime.
 
What is the incentive to run a node? Apart from helping the network and making it more secure, this user gives a detailed answer: https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/
 
My transaction isn't visible in my wallet or it says 'not pocketed' on the block explorer! Is your wallet fully synced? Yes? Good, it needs to be completely synced before it will show your balances. Nothing? Go to "https://raiblocks.net/account/index.php?acc=ADDRESS HERE". Do you see the transaction there (as 'not pocketed')? Good, that means that it's just a matter of showing it in your wallet, the coins are linked to your address already. In your wallet, go to 'Accounts' - 'Use account', 'Back', 'Advanced' - 'Search for receivables'. Did it work? Good. If not, go to 'Advanced' - 'Account explorer', hit refresh. Still nothing? Close/kill the wallet and reopen it. Still nothing? Go to 'Advanced' and change the unit from Mxrb to xrb and back to Mxrb. Stillll nothing? Fine, make a thread!
 
The syncing is sooo slow!! On HDD, it can take a couple days for it to sync. Why? Every block is only 400bytes in size, they all need to be written on your HDD. SSD takes about 12h. Check the bottom of this post for a shortcut if you use HDD (or SSD and have no patience :-) ).
 
My withdrawal from BitGrail/Mercatox isn't working!! BitGrail and Mercatox are having quite some issues, both due to a bug in their RaiBlocks node, and because of being overwelmed. They have to do each withdrawal manually. Log a ticket and have patience! Mercatox support: https://mercatox.com/support BitGrail support: to be added when they're back
 
We need a new exchange & website & ...!! Indeed, large exchange would be super!. But before that, we need a new website, mobile wallets, ... Those are in the make. Don't ask about the new exchanges, no one knows!
 
What is the incentive to run a node? There is no monetary reward, but tread this post/comment! https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/
 
We're limited to 7k TPS, how's that scalable!? The current limitation of 7K TPS is a hardware limitation of writing data to the disk, not a protocol limitation. As hardware improves, so will the TPS limit.
 
Does the receiver account have to be online when I create my send transaction? No, whenever the send transaction goes out, the funds are "not pocketed" by the receiver. The funds are as good as the receivers and cannot be revoked by the sender. "Not pocketed" funds do NOT expire.
 
What are "not pocketed" funds? A transaction consists of a "send" and a "receive" transaction. During the period where a "send" doesn't have its partnering "receive" transaction, the accounts are considered "not pocketed" by the recipient. "Not pocketed" funds are securely the receiver's funds. Once the receiver's wallet comes online, is fully synced, and unlocked, the funds will automatically be signed into their account chain.
 
What are the requirements to run a node? Currently the only real recommendation is to have a fast storage medium, such as an SSD instead of HDD. This is because currently the full node software does a lot of disk I/O for rapidly processing transactions. This may change with future full node versions that better utilize available system RAM and relax disk I/O.
 
What do the numbers at the top of the desktop wallet mean? The numbers will look like: processed (unprocessed downloaded) Where "processed" is the number of downloaded blocks that your node has processed, and "unprocessed downloaded" are blocks that your software has downloaded but not processed yet. To be fully synced, all blocks must be processed. As new transactions are created on the network, they will be downloaded into the "unprocessed" category to be subsequently processed.
 
How can I run a full node? The desktop wallet is already a full node! Just by running it you are helping
 
Can I send funds to my wallet before it is synced? Yes. Funds can be sent to any "xrb_" address, even if they were created in an offline environment. RaiBlocks is exactly the same as ethereum or bitcoin in this sense. The funds will show up when the wallet is fully synced with the network. Make sure to back up your seed!
 
How do I backup my wallet? Just write down your seed and keep it in a safe place. All accounts generated from that seed will be generated again (in order) when you restore that seed.
 
Can I reuse an address? Yes, unlike IOTA you can reuse addresses like in Bitcoin and Ethereum. Please understand the reasoning for this; IOTA does this because it is a drawback to the quantum-proof digital signature algorithm they use. RaiBlocks' current digital signature algorithm is not quantum proof, but the devs have expressed interest in changing to a quantum-proof algortihm as the field matures and quantum computers become a more significant threat to the network.
 
What's up with the units? Currently the ticker XRB on exchanges represents 1 Mxrb (or million xrb). As the name suggests, 1Mxrb = 1000000 xrb. The smallest unit of RaiBlocks is the raw. There are 1024 raw in an xrb, or 1030 raw in an Mxrb/XRB. Whenever people are talking, they are generally talking in XRB or equivalently Mxrb
 
What is the max supply? The max supply is 133,248,290 XRB. For units see the question above. Why this number? Well RaiBlock's value is kept in a uint128 variable (unsigned 128-bit integer). An uint128 has max value (2128)-1, which is approximately 340,282,366,920,938,000,000,000,000,000,000,000,000. This was the original number of "raw" in RaiBlocks. RaiBlocks was distributed via a Captcha faucet distribution system; of which 133,248,290 XRB were distributed. Due to some non-technical issues, the faucet distribution was cut short and the remaining quantity was burned. This leaves just 133,248,290 XRB (approximately 133,248,290,000,000,000,000,000,000,000,000,000,000 raw) circulating.
 
Can someone access my funds even if I use a password (desktop wallet) Yes. The password feature of the desktop wallet just encrypts the seed locally on your computer. If anyone gets access to your plaintext (unencrypted seed, the thing we tell you to backup) they have access to your funds. The benefit of the password is that if someone has access to your computer, they don't immediately have access to your raiblocks.
 
Whats a seed? What's a private key? Whats a public key? Any time you set up a Raiblocks address (such as creating a new wallet) , you will be provided with a "Seed" which is 64 characters of text that is unique to your wallet. Do not store your seed online (e.g do not screenshot, email or save it in a file) because anyone with the seed can access all accounts on it and take all of your Rai! The reason why it is provided is so that if for any reason you need to recover your account(s) you can do so without the original wallet you created the account on, so keep it safe!
 
Tips & Tricks * Transferring BTC between exchanges can be expensive and relatively fast (think hour(s)), or cheap and slow (think a few days). LTC or ETH transfers are faster, but make sure to check the discrepancy in BTC-LTC or BTC-ETH prices on markets with low volume! * 1 XRB as bought on an exchange is 1 million xrb, aka Rai. 1 Rai = 1024th raw, the smallest units on the RaiBlocks network. * 'Not pocketed' can stay like that indefinitely. If you want to spend the coins, you'll have to sync your wallet and create a 'RECEIVE' block though (this is done by Advanced - Check for receivables in the desktop wallet).
 
Want to try out the instant transactions without any fees? Check out This link
 
Daily update of data.ldb for 1st sync Want to skip the long sync time? Save your seed, check Readme.txt if you are going to use this method to speed up 1st wallet sync! Confirm the checksums/links in the #support channel at https://chat.raiblocks.net/. It's usually posted by SergSW. This link or this slightly newer one will guide you through it, but use the links below for the most recent files.
 
Find the latest updated DB files in the wiki page: https://www.reddit.com/RaiBlocks/wiki/index
Make sure to read the readme.txt!!
submitted by Crypto_Jasper to RaiBlocks [link] [comments]

Best $100-$300 FPGA development board in 2018?

Hello, I’ve been trying to decide on a FPGA development board, and have only been able to find posts and Reddit threads from 4-5 years ago. So I wanted to start a new thread and ask about the best “mid-range” FGPA development board in 2018. (Price range $100-$300.)
I started with this Quora answer about FPGA boards, from 2013. The Altera DE1 sounded good. Then I looked through the Terasic DE boards.
Then I found this Reddit thread from 2014, asking about the DE1-SoC vs the Cyclone V GX Starter Kit: https://www.reddit.com/FPGA/comments/1xsk6w/cyclone_v_gx_starter_kit_vs_de1soc_board/‬ (I was also leaning towards the DE1-SoC.)
Anyway, I thought I better ask here, because there are probably some new things to be aware of in 2018.
I’m completely new to FPGAs and VHDL, but I have experience with electronics/microcontrollers/programming. My goal is to start with some basic soft-core processors. I want to get some C / Rust programs compiling and running on my own CPU designs. I also want to play around with different instruction sets, and maybe start experimenting with asynchronous circuits (e.g. clock-less CPUs)
Also I don’t know if this is possible, but I’d like to experiment with ternary computing, or work with analog signals instead of purely digital logic. EDIT: I just realized that you would call those FPAAs, i.e. “analog” instead of “gate”. Would be cool if there was a dev board that also had an FPAA, but no problem if not.
EDIT 2: I also realized why "analog signals on an FPGA" doesn't make any sense, because of how LUTs work. They emulate boolean logic with a lookup table, and the table can only store 0s and 1s. So there's no way to emulate a transistor in an intermediate state. I'll just have play around with some transistors on a breadboard.
UPDATE: I've put together a table with some of the best options:
Board Maker Chip LUTs Price SoC? Features
icoBoard Lattice iCE40-HX8K 7,680 $100 Sort of A very simple FPGA development board that plugs into a Raspberry Pi, so you have a "backup" hard-core CPU that can control networking, etc. Supports a huge range of pmod accessories. You can write a program/circuit so that the Raspberry Pi CPU and the FPGA work together, similar to a SoC. Proprietary bitstream is fully reverse engineered and supported by Project IceStorm, and there is an open-source toolchain that can compile your hardware design to bitstream. Has everything you need to start experimenting with FPGAs.
iCE40-HX8K Breakout Board Lattice iCE40-HX8K-CT256 7,680 $49 No 8 LEDs, 8 switches. Very similar to icoBoard, but no Raspberry Pi or pmod accessories.
iCE40 UltraPlus Lattice iCE40 UltraPlus FPGA 5280 $99 No Chip specs. 4 switchable FPGAs, and a rechargeable battery. Bluetooth module, LCD Display (240 x 240 RGB), RGB LED, microphones, audio output, compass, pressure, gyro, accelerometer.
Go Board Lattice ICE40 HX1K FPGA 1280 $65 No 4 LEDs, 4 buttons, Dual 7-Segment LED Display, VGA, 25 MHz on-board clock, 1 Mb Flash.
snickerdoodle Xilinx Zynq 7010 28K $95 Yes Xilinx Zynq 7-Series SoC - ARM Cortex-A9 processor, and Artix-7 FPGA. 125 IO pins. 1GB DDR2 RAM. Texas Instruments WiLink 8 wireless module for 802.11n Wi-Fi and Bluetooth 4.1. No LEDs or buttons, but easy to wire up your own on a breadboard. If you want to use a baseboard, you'll need a snickerdoodle black ($195) with the pins in the "down" orientation. (E.g. The "breakyBreaky breakout board" ($49) or piSmasher SBC ($195)). The snickerdoodle one only comes with pins in the "up" orientation and doesn't support any baseboards. But you can still plug the jumpers into the pins and wire up things on a breadboard.
numato Mimas A7 Xilinx Artix 7 52K $149 No 2Gb DDR3 RAM. Gigabit Ethernet. HDMI IN/OUT. 100MHz LVDS oscillator. 80 IOs. 7-segment display, LEDs, buttons. (Found in this Reddit thread.)
Ultra96 Xilinx Zynq UltraScale+ ZU3EG 154K $249 Yes Has one of the latest Xilinx SoCs. 2 GB (512M x32) LPDDR4 Memory. Wi-Fi / Bluetooth. Mini DisplayPort. 1x USB 3.0 type Micro-B, 2x USB 3.0 Type A. Audio I/O. Four user-controllable LEDs. No buttons and limited LEDs, but easy to wire up your own on a breadboard
Nexys A7-100T Xilinx Artix 7 15,850 $265 No . 128MiB DDR2 RAM. Ethernet port, PWM audio output, accelerometer, PDM microphone, microphone, etc. 16 switches, 16 LEDs. 7 segment displays. USB HID Host for mice, keyboards and memory sticks.
Zybo Z7-10 Xilinx Zynq 7010 17,600 $199 Yes Xilinx Zynq 7000 SoC (ARM Cortex-A9, 7-series FPGA.) 1 GB DDR3 RAM. A few switches, push buttons, and LEDs. USB and Ethernet. Audio in/out ports. HDMI source + sink with CEC. 8 Total Processor I/O, 40 Total FPGA I/O. Also a faster version for $299 (Zybo Z7-20).
Arty A7 Xilinx Artix 7 15K $119 No 256MB DDR3L. 10/100 Mbps Ethernet. A few switches, buttons, LEDs.
DE10-Standard (specs) Altera Cyclone V 110K $350 Yes Dual-core Cortex-A9 processor. Lots of buttons, LEDs, and other peripherals.
DE10-Nano Altera Cyclone V 110K $130 Yes Same as DE10-Standard, but not as many peripherals, buttons, LEDs, etc.

Winner:

icoBoard ($100). (Buy it here.)
The icoBoard plugs into a Raspberry Pi, so it's similar to having a SoC. The iCE40-HX8K chip comes with 7,680 LUTs (logic elements.) This means that after you learn the basics and create some simple circuits, you'll also have enough logic elements to run the VexRiscv soft-core CPU (the lightweight Murax SoC.)
The icoBoard also supports a huge range of pluggable pmod accessories:
You can pick whatever peripherals you're interested in, and buy some more in the future.
Every FPGA vendor keeps their bitstream format secret. (Here's a Hacker News discussion about it.) The iCE40-HX8K bitstream has been fully reverse engineered by Project IceStorm, and there is an open-source set of tools that can compile Verilog to iCE40 bitstream.
This means that you have the freedom to do some crazy experiments, like:
You don't really have the same freedom to explore these things with Xilinx or Altera FPGAs. (Especially asynchronous circuits.)

Links:

Second Place:

iCE40-HX8K Breakout Board ($49)

Third Place:

numato Mimas A7 ($149).
An excellent development board with a Xilinx Artix 7 FPGA, so you can play with a bigger / faster FPGA and run a full RISC-V soft-core with all the options enabled, and a much higher clock speed. (The iCE40 FPGAs are a bit slow and small.)
Note: I've changed my mind several times as I learned new things. Here's some of my previous thoughts.

What did I buy?

I ordered a iCE40-HX8K Breakout Board to try out the IceStorm open source tooling. (I would have ordered an icoBoard if I had found it earlier.) I also bought a numato Mimas A7 so that I could experiment with the Artix 7 FPGA and Xilinx software (Vivado Design Suite.)

Questions

What can I do with an FPGA? / How many LUTs do I need?

submitted by ndbroadbent to FPGA [link] [comments]

FAQ & Daily General Discussion - January 5th, 2018

FAQ below, daily discussion in the comments! /RaiTrade for all price and trading related posts
Welcome!
As only 2 stickied threads are possible, we have decided to combine the "Are you new here" and the daily discussion thread. XRB is attracting more and more people, both veterans and newbies in the cryptoworld. As XRB is quite a bit different than other coins/blockchains, it's normal that a lot of users have (the same) questions. So please, before making a new thread, read this post first and use the search bar! Threads that are created which contain a question to which an answer is available here, will be locked and directed to this post.
 
Guidelines for posting in this thread:
 
Questions, debates, meta issues, etc are all welcome. Breaking news should be posted separately from this thread. Rules:
 
Be respectful to one another. Follow the golden rule. No trolling or shilling.
 
Guidelines for posting new threads:
 
Is your thread something that does not fit in the daily thread or in another 'general' thread? Do you have a question, and it's not in the list below? Do you have exiting news to post? Did you use the search bar first? Good, go ahead :-)
 
The Whitepaper: In logical order, we start with the whitepaper. It contains the complete details about RaiBlocks, including some more technical details. Even if you're not technical, take a quick look at it. It will explain a lot! https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf
 
The FAQs: Now the technical FAQs, a document explaining how it works, how it compares to other coins, ... https://raiblocks.net/media/RaiBlocks_FAQ.pdf
 
Let's keep a decent overview of other, more practical questions :-)
 
Guide to set up your wallet https://www.reddit.com/RaiBlocks/comments/7bw77e/how_to_setup_your_desktop_wallet/
 
How do I buy or store XRB? Check out these guides: https://www.reddit.com/RaiBlocks/comments/7i0co0/the_definitive_guide_to_buying_and_storing/ https://www.reddit.com/RaiBlocks/comments/7iv89b/how_to_buy_xrb_without_waiting_for_a_transaction/
 
My desktop wallet isn't syncing! Do the numbers between the brackets still move? Good. The numbers before the parentheses are the number of blocks the wallet has verified, the numbers between parentheses is the amount of downloaded-but-not-yet-verified blocks. Is the wallet unlocked? Good, it needs to be unlocked to be able to sync. Still nothing? Go to 'accounts' - 'use account'. Still nothing? Close the wallet, reopen it.
 
What is a representative? Ah, so you haven't read the whitepaper haven't you... When conflicting blocks arise, a vote will have to be cast on which block to accept. Since you won't be online 24/7, you can outsource your voting power to a representative, who are online 24/7. They cannot access your funds, and you can change it anytime.
 
What is the incentive to run a node? Apart from helping the network and making it more secure, this user gives a detailed answer: https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/
 
My transaction isn't visible in my wallet or it says 'not pocketed' on the block explorer! Is your wallet fully synced? Yes? Good, it needs to be completely synced before it will show your balances. Nothing? Go to "https://raiblocks.net/account/index.php?acc=ADDRESS HERE". Do you see the transaction there (as 'not pocketed')? Good, that means that it's just a matter of showing it in your wallet, the coins are linked to your address already. In your wallet, go to 'Accounts' - 'Use account', 'Back', 'Advanced' - 'Search for receivables'. Did it work? Good. If not, go to 'Advanced' - 'Account explorer', hit refresh. Still nothing? Close/kill the wallet and reopen it. Still nothing? Go to 'Advanced' and change the unit from Mxrb to xrb and back to Mxrb. Stillll nothing? Fine, make a thread!
 
The syncing is sooo slow!! On HDD, it can take a couple days for it to sync. Why? Every block is only 400bytes in size, they all need to be written on your HDD. SSD takes about 12h. Check the bottom of this post for a shortcut if you use HDD (or SSD and have no patience :-) ).
 
My withdrawal from BitGrail/Mercatox isn't working!! BitGrail and Mercatox are having quite some issues, both due to a bug in their RaiBlocks node, and because of being overwelmed. They have to do each withdrawal manually. Log a ticket and have patience! Mercatox support: https://mercatox.com/support BitGrail support: to be added when they're back
 
We need a new exchange & website & ...!! Indeed, large exchange would be super!. But before that, we need a new website, mobile wallets, ... Those are in the make. Don't ask about the new exchanges, no one knows!
 
What is the incentive to run a node? There is no monetary reward, but tread this post/comment! https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/
 
We're limited to 7k TPS, how's that scalable!? The current limitation of 7K TPS is a hardware limitation of writing data to the disk, not a protocol limitation. As hardware improves, so will the TPS limit.
 
Does the receiver account have to be online when I create my send transaction? No, whenever the send transaction goes out, the funds are "not pocketed" by the receiver. The funds are as good as the receivers and cannot be revoked by the sender. "Not pocketed" funds do NOT expire.
 
What are "not pocketed" funds? A transaction consists of a "send" and a "receive" transaction. During the period where a "send" doesn't have its partnering "receive" transaction, the accounts are considered "not pocketed" by the recipient. "Not pocketed" funds are securely the receiver's funds. Once the receiver's wallet comes online, is fully synced, and unlocked, the funds will automatically be signed into their account chain.
 
What are the requirements to run a node? Currently the only real recommendation is to have a fast storage medium, such as an SSD instead of HDD. This is because currently the full node software does a lot of disk I/O for rapidly processing transactions. This may change with future full node versions that better utilize available system RAM and relax disk I/O.
 
What do the numbers at the top of the desktop wallet mean? The numbers will look like: processed (unprocessed downloaded) Where "processed" is the number of downloaded blocks that your node has processed, and "unprocessed downloaded" are blocks that your software has downloaded but not processed yet. To be fully synced, all blocks must be processed. As new transactions are created on the network, they will be downloaded into the "unprocessed" category to be subsequently processed.
 
How can I run a full node? The desktop wallet is already a full node! Just by running it you are helping
 
Can I send funds to my wallet before it is synced? Yes. Funds can be sent to any "xrb_" address, even if they were created in an offline environment. RaiBlocks is exactly the same as ethereum or bitcoin in this sense. The funds will show up when the wallet is fully synced with the network. Make sure to back up your seed!
 
How do I backup my wallet? Just write down your seed and keep it in a safe place. All accounts generated from that seed will be generated again (in order) when you restore that seed.
 
Can I reuse an address? Yes, unlike IOTA you can reuse addresses like in Bitcoin and Ethereum. Please understand the reasoning for this; IOTA does this because it is a drawback to the quantum-proof digital signature algorithm they use. RaiBlocks' current digital signature algorithm is not quantum proof, but the devs have expressed interest in changing to a quantum-proof algortihm as the field matures and quantum computers become a more significant threat to the network.
 
What's up with the units? Currently the ticker XRB on exchanges represents 1 Mxrb (or million xrb). As the name suggests, 1Mxrb = 1000000 xrb. The smallest unit of RaiBlocks is the raw. There are 1024 raw in an xrb, or 1030 raw in an Mxrb/XRB. Whenever people are talking, they are generally talking in XRB or equivalently Mxrb
 
What is the max supply? The max supply is 133,248,290 XRB. For units see the question above. Why this number? Well RaiBlock's value is kept in a uint128 variable (unsigned 128-bit integer). An uint128 has max value (2128)-1, which is approximately 340,282,366,920,938,000,000,000,000,000,000,000,000. This was the original number of "raw" in RaiBlocks. RaiBlocks was distributed via a Captcha faucet distribution system; of which 133,248,290 XRB were distributed. Due to some non-technical issues, the faucet distribution was cut short and the remaining quantity was burned. This leaves just 133,248,290 XRB (approximately 133,248,290,000,000,000,000,000,000,000,000,000,000 raw) circulating.
 
Can someone access my funds even if I use a password (desktop wallet) Yes. The password feature of the desktop wallet just encrypts the seed locally on your computer. If anyone gets access to your plaintext (unencrypted seed, the thing we tell you to backup) they have access to your funds. The benefit of the password is that if someone has access to your computer, they don't immediately have access to your raiblocks.
 
Whats a seed? What's a private key? Whats a public key? Any time you set up a Raiblocks address (such as creating a new wallet) , you will be provided with a "Seed" which is 64 characters of text that is unique to your wallet. Do not store your seed online (e.g do not screenshot, email or save it in a file) because anyone with the seed can access all accounts on it and take all of your Rai! The reason why it is provided is so that if for any reason you need to recover your account(s) you can do so without the original wallet you created the account on, so keep it safe!
 
Tips & Tricks * Transferring BTC between exchanges can be expensive and relatively fast (think hour(s)), or cheap and slow (think a few days). LTC or ETH transfers are faster, but make sure to check the discrepancy in BTC-LTC or BTC-ETH prices on markets with low volume! * 1 XRB as bought on an exchange is 1 million xrb, aka Rai. 1 Rai = 1024th raw, the smallest units on the RaiBlocks network. * 'Not pocketed' can stay like that indefinitely. If you want to spend the coins, you'll have to sync your wallet and create a 'RECEIVE' block though (this is done by Advanced - Check for receivables in the desktop wallet).
 
Want to try out the instant transactions without any fees? Check out This link
 
Daily update of data.ldb for 1st sync Want to skip the long sync time? Save your seed, check Readme.txt if you are going to use this method to speed up 1st wallet sync! Confirm the checksums/links in the #support channel at https://chat.raiblocks.net/. It's usually posted by SergSW. This link or this slightly newer one will guide you through it, but use the links below for the most recent files.
 
Find the latest updated DB files in the wiki page: https://www.reddit.com/RaiBlocks/wiki/index
Make sure to read the readme.txt!!
submitted by Crypto_Jasper to RaiBlocks [link] [comments]

Bitcoin (English) - YouTube Bitcoin Analysis in English - YouTube What is Bitcoin & BlockChain in English bitcoin Technical Analysis For English July 16 Bitcoin Intraday futures new tips What is SHA 256 and Moby Dick in English - How Bitcoin Earn ?

Bitcoin is one of the first successful implementations of a distributed crypto-currency, described in part in 1998 by Wei Dai on the cypherpunks mailing list. It is built upon the notion that money is any object, or any sort of record, accepted as payment for goods and services and repayment of debts in a given country or socio-economic context. For some Bitcoin clients to calculate the spendable balance of your Bitcoin wallet and make new transactions, it needs to be aware of all previous transactions. This step can be resource intensive and requires sufficient bandwidth and storage to accommodate the full size of the block chain. It’s very unlikely Bitcoin fits this description because Bitcoin offers value as a form of money: using the proof-of-work concept, Bitcoin sufficiently solves the problem of reaching a consensus among a network of untrusted peers, allowing for funds to be quickly transferred to anyone on the planet without trusting a 3rd party. Bitcoin is the In English: The program takes the encrypted solution and the key to decrypt it, and outputs the encrypted solution, the hash of the decryption key, and the result of running the program on the solution. I convert that program into a zero knowledge proof. Externally to Bitcoin I tell you Ex,Hk,Y and then prove that I executed the program faithfully. Bitcoin can bring significant innovation in payment systems and the benefits of such innovation are often considered to be far beyond their potential drawbacks. Bitcoin is designed to be a huge step forward in making money more secure and could also act as a significant protection against many forms of financial crime.

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Bitcoin (English) - YouTube

You are being LIED TO about BITCOIN 🚨DON'T BE FOOLED! Cuban Gates O'Leary conspire against crypto - Duration: 13:24. FUD TV 390,402 views #bitcoin #cryptocurrency #news #btc #ethereum #eth #cryptocurrency #litecoin #altcoin #altcoins #eos #forex ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT ... The concepts of Bitcoin and their impact on the worldwide legal space: ... Answers With Joe - Duration: 18:46. Joe Scott Recommended for ... English Location: United States Restricted ... Thanks to Away for sponsoring this video! Go to https://www.awaytravel.com/techquickie and use promo code techquickie to get $20 off your next order! Bitcoin... The most successful and widely-used form of digital money is #cryptocurrency #Bitcoin. #Digital #money is exchanged using technologies such as smartphones, credit cards, and online cryptocurrency ...

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