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Aeon

Aeon (AEON) is a private, secure, untraceable currency. You are your bank, you control your funds, and nobody can trace your transfers.
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I'm playing this game since patch 0.2 (yeah, one decimal ) and the game came a very long way (Appreciation Thread)

Recently I'm playing at Star Citizen, it's the second game that I'm opting in at Alpha status (yeah, when I joined in 0.2, Game was Alpha, not for much tough) and considering they had the same length of development, and you can sorta say they are SORTA similar in scope, I have to say the devs in EFT put way more effort into bug squashing to make the game enjoyable for everybody at any point. And this is a post to Thank them and Nikita, but also to go a bit down memory lane and remember how the game was

I was there 2000 years ago, here are a few things that I remember made the game miserable, so you can put it in perspective for any means and purporses :D


-When you bought the game in Alpha, you had 50% to being selected to play, otherwise, you had to wait for the beta (I was lucky to get selected)
- Only 3 armors: Paca, 6B43 Zabralo-Sh 6A Armor, back then called Fort by everybody and the rarest Gzhel
- Basically 9 weapons: M4, Ak74 (and u variant), AKM, Kedr, MP5, Sv-98, Saiga, Mp 133 and 155, maybe AsVal but I don't remember and variant
and 4 Pistols Makarov, TT, Mp-443 and P226R
-Ammo? 1 or 2 types of ammo for weapon at best. Shotguns had bucketshots and slugs, that's it
-Blunt Damage inserted in, SLUGS were THE BEST ammo you could use, at any range.
-You were forced into door opening animation for all doors, even not locked ones
-Bug of doors opening without animation and suddenly, giving the opener a big advantage
- No Jager, No ragman, No Mechanic
-No FleaMarket (Fence was "the fleamarket")
-One NVG
-Only 3 rigs, Scav vest, AVS, Blackrock, the latter 2 basically being a commando Vest in dimensions, neither of them being armored
-No hideout
-Instaheals, spamming meds while in combat
-Insta bullet drill, basically you could go in raid with just a scav vest and 2 magazines
-Trash net code, like 2 seconds of advantage peak, trade killing was very often
-Desyinc, the game was BASICALLY unplayable at points, too many disconnections, too many servers going haywire (like 2 out of 3 games)
-Flying cheaters (YES, NOCLIP)
-Factory, Woods and Customs only maps
-Then came Shoreline, first new map, only half of it, the extract was at tunnel and the military bunker just before the sanitarium, people fought basically in the swamp and in town -NO SCAVS in the first Iteration (also happened for Interchange, no scavs)
-Scavs changing from: loot pignatas, to terminator, to loot pignatas a lot of times
-Scopes? you mean PSO
-most coveted item being: Physical bitcoin, and roler watch
-At around 0.5 you could stack armored rig on top of your armor, imagine a 6B43 with a TacTec on top, armor stacking :), and of course no weight limits
most recently: Head going through wall and noclipping the area around bug

If you too are a player of long date, you can expand this list if I missed something.

It's been a few years, and the game is greater than ever and is only going to get better, keep up the good work boys

EDIT by Community ;):
-Woods map was in at the time
-Everybody spawning at the same side of the map
-Quests had a time limit, and you could lose your progress (and items) in the quest
-Quest were very few, like 4 or 5
-No partial turnover of items, you need to give all the items togheter, unless they are separated. i.e: delivery 2 fort armor and 2 ghzel, you needed to have 2 fort armor in your inventory if you wanted to give them
-At one point, If you had a map equipped you could choose which side of the map to spawn
-If you had one black limb, touching barbed wire meant death
-Beign shoot at one blackd out limb would mean sure death
-Roubles used to stack at 50k, you had no money case and no doc case, the only way to store them was with wallets
-You could level up vendors by selling them rigs of backpacks full of stuff, skier was the most exploited since he doesn't buy guns, you can just put stuff inside you backpack and sell everything to him
-Similar to the precedent point, you could sell bag full of stuff when fleamarket was first introduced, a lot of scams and mistakes were made in that time
-(recent)You had to wait an entire 1 minute to revoke a flemarket posting, if you did a mistake it was basically gone
-(recent) you could sell your gamma container on fleamarket, after wipe people usually sold them
-Backpacks? T-Bag, DuffleBag, Scav Backpack, MBSS, Trizip and Pilgrim
-Customs had only one choke point, the wall at checkpoint that goes on until gas station and dormitory was the outermost part of the map, no derailed train, no power pole maintenance area
-Scavs position were much more predicable overall, you could always found them in specific places if you were the first to get there
-No scav bosses at all
-(Very Early) No Peacekeeper
-(Very Early) no group spawn
-(Very Early) sticky grenades
-(Very early) No time selection
-The only way to finish "what's on the flashdrive" quest, was with USB flashes spawning on the tent in woods
-Only one head hitbox, an helmet would cover the whole face
-There was a brief period where some helmets were completely broken (after face hitboxes), skull facemask
-(recent)No possibility to restore blacked out limbs, a black stomach would most likely mean death in a few minutes if you didn't bring any water in

submitted by DrakeV3 to EscapefromTarkov [link] [comments]

Why i’m bullish on Zilliqa (long read)

Edit: TL;DR added in the comments
 
Hey all, I've been researching coins since 2017 and have gone through 100s of them in the last 3 years. I got introduced to blockchain via Bitcoin of course, analyzed Ethereum thereafter and from that moment I have a keen interest in smart contact platforms. I’m passionate about Ethereum but I find Zilliqa to have a better risk-reward ratio. Especially because Zilliqa has found an elegant balance between being secure, decentralized and scalable in my opinion.
 
Below I post my analysis of why from all the coins I went through I’m most bullish on Zilliqa (yes I went through Tezos, EOS, NEO, VeChain, Harmony, Algorand, Cardano etc.). Note that this is not investment advice and although it's a thorough analysis there is obviously some bias involved. Looking forward to what you all think!
 
Fun fact: the name Zilliqa is a play on ‘silica’ silicon dioxide which means “Silicon for the high-throughput consensus computer.”
 
This post is divided into (i) Technology, (ii) Business & Partnerships, and (iii) Marketing & Community. I’ve tried to make the technology part readable for a broad audience. If you’ve ever tried understanding the inner workings of Bitcoin and Ethereum you should be able to grasp most parts. Otherwise, just skim through and once you are zoning out head to the next part.
 
Technology and some more:
 
Introduction
 
The technology is one of the main reasons why I’m so bullish on Zilliqa. First thing you see on their website is: “Zilliqa is a high-performance, high-security blockchain platform for enterprises and next-generation applications.” These are some bold statements.
 
Before we deep dive into the technology let’s take a step back in time first as they have quite the history. The initial research paper from which Zilliqa originated dates back to August 2016: Elastico: A Secure Sharding Protocol For Open Blockchains where Loi Luu (Kyber Network) is one of the co-authors. Other ideas that led to the development of what Zilliqa has become today are: Bitcoin-NG, collective signing CoSi, ByzCoin and Omniledger.
 
The technical white paper was made public in August 2017 and since then they have achieved everything stated in the white paper and also created their own open source intermediate level smart contract language called Scilla (functional programming language similar to OCaml) too.
 
Mainnet is live since the end of January 2019 with daily transaction rates growing continuously. About a week ago mainnet reached 5 million transactions, 500.000+ addresses in total along with 2400 nodes keeping the network decentralized and secure. Circulating supply is nearing 11 billion and currently only mining rewards are left. The maximum supply is 21 billion with annual inflation being 7.13% currently and will only decrease with time.
 
Zilliqa realized early on that the usage of public cryptocurrencies and smart contracts were increasing but decentralized, secure, and scalable alternatives were lacking in the crypto space. They proposed to apply sharding onto a public smart contract blockchain where the transaction rate increases almost linear with the increase in the amount of nodes. More nodes = higher transaction throughput and increased decentralization. Sharding comes in many forms and Zilliqa uses network-, transaction- and computational sharding. Network sharding opens up the possibility of using transaction- and computational sharding on top. Zilliqa does not use state sharding for now. We’ll come back to this later.
 
Before we continue dissecting how Zilliqa achieves such from a technological standpoint it’s good to keep in mind that a blockchain being decentralised and secure and scalable is still one of the main hurdles in allowing widespread usage of decentralised networks. In my opinion this needs to be solved first before blockchains can get to the point where they can create and add large scale value. So I invite you to read the next section to grasp the underlying fundamentals. Because after all these premises need to be true otherwise there isn’t a fundamental case to be bullish on Zilliqa, right?
 
Down the rabbit hole
 
How have they achieved this? Let’s define the basics first: key players on Zilliqa are the users and the miners. A user is anybody who uses the blockchain to transfer funds or run smart contracts. Miners are the (shard) nodes in the network who run the consensus protocol and get rewarded for their service in Zillings (ZIL). The mining network is divided into several smaller networks called shards, which is also referred to as ‘network sharding’. Miners subsequently are randomly assigned to a shard by another set of miners called DS (Directory Service) nodes. The regular shards process transactions and the outputs of these shards are eventually combined by the DS shard as they reach consensus on the final state. More on how these DS shards reach consensus (via pBFT) will be explained later on.
 
The Zilliqa network produces two types of blocks: DS blocks and Tx blocks. One DS Block consists of 100 Tx Blocks. And as previously mentioned there are two types of nodes concerned with reaching consensus: shard nodes and DS nodes. Becoming a shard node or DS node is being defined by the result of a PoW cycle (Ethash) at the beginning of the DS Block. All candidate mining nodes compete with each other and run the PoW (Proof-of-Work) cycle for 60 seconds and the submissions achieving the highest difficulty will be allowed on the network. And to put it in perspective: the average difficulty for one DS node is ~ 2 Th/s equaling 2.000.000 Mh/s or 55 thousand+ GeForce GTX 1070 / 8 GB GPUs at 35.4 Mh/s. Each DS Block 10 new DS nodes are allowed. And a shard node needs to provide around 8.53 GH/s currently (around 240 GTX 1070s). Dual mining ETH/ETC and ZIL is possible and can be done via mining software such as Phoenix and Claymore. There are pools and if you have large amounts of hashing power (Ethash) available you could mine solo.
 
The PoW cycle of 60 seconds is a peak performance and acts as an entry ticket to the network. The entry ticket is called a sybil resistance mechanism and makes it incredibly hard for adversaries to spawn lots of identities and manipulate the network with these identities. And after every 100 Tx Blocks which corresponds to roughly 1,5 hour this PoW process repeats. In between these 1,5 hour, no PoW needs to be done meaning Zilliqa’s energy consumption to keep the network secure is low. For more detailed information on how mining works click here.
Okay, hats off to you. You have made it this far. Before we go any deeper down the rabbit hole we first must understand why Zilliqa goes through all of the above technicalities and understand a bit more what a blockchain on a more fundamental level is. Because the core of Zilliqa’s consensus protocol relies on the usage of pBFT (practical Byzantine Fault Tolerance) we need to know more about state machines and their function. Navigate to Viewblock, a Zilliqa block explorer, and just come back to this article. We will use this site to navigate through a few concepts.
 
We have established that Zilliqa is a public and distributed blockchain. Meaning that everyone with an internet connection can send ZILs, trigger smart contracts, etc. and there is no central authority who fully controls the network. Zilliqa and other public and distributed blockchains (like Bitcoin and Ethereum) can also be defined as state machines.
 
Taking the liberty of paraphrasing examples and definitions given by Samuel Brooks’ medium article, he describes the definition of a blockchain (like Zilliqa) as: “A peer-to-peer, append-only datastore that uses consensus to synchronize cryptographically-secure data”.
 
Next, he states that: "blockchains are fundamentally systems for managing valid state transitions”. For some more context, I recommend reading the whole medium article to get a better grasp of the definitions and understanding of state machines. Nevertheless, let’s try to simplify and compile it into a single paragraph. Take traffic lights as an example: all its states (red, amber, and green) are predefined, all possible outcomes are known and it doesn’t matter if you encounter the traffic light today or tomorrow. It will still behave the same. Managing the states of a traffic light can be done by triggering a sensor on the road or pushing a button resulting in one traffic lights’ state going from green to red (via amber) and another light from red to green.
 
With public blockchains like Zilliqa, this isn’t so straightforward and simple. It started with block #1 almost 1,5 years ago and every 45 seconds or so a new block linked to the previous block is being added. Resulting in a chain of blocks with transactions in it that everyone can verify from block #1 to the current #647.000+ block. The state is ever changing and the states it can find itself in are infinite. And while the traffic light might work together in tandem with various other traffic lights, it’s rather insignificant comparing it to a public blockchain. Because Zilliqa consists of 2400 nodes who need to work together to achieve consensus on what the latest valid state is while some of these nodes may have latency or broadcast issues, drop offline or are deliberately trying to attack the network, etc.
 
Now go back to the Viewblock page take a look at the amount of transaction, addresses, block and DS height and then hit refresh. Obviously as expected you see new incremented values on one or all parameters. And how did the Zilliqa blockchain manage to transition from a previous valid state to the latest valid state? By using pBFT to reach consensus on the latest valid state.
 
After having obtained the entry ticket, miners execute pBFT to reach consensus on the ever-changing state of the blockchain. pBFT requires a series of network communication between nodes, and as such there is no GPU involved (but CPU). Resulting in the total energy consumed to keep the blockchain secure, decentralized and scalable being low.
 
pBFT stands for practical Byzantine Fault Tolerance and is an optimization on the Byzantine Fault Tolerant algorithm. To quote Blockonomi: “In the context of distributed systems, Byzantine Fault Tolerance is the ability of a distributed computer network to function as desired and correctly reach a sufficient consensus despite malicious components (nodes) of the system failing or propagating incorrect information to other peers.” Zilliqa is such a distributed computer network and depends on the honesty of the nodes (shard and DS) to reach consensus and to continuously update the state with the latest block. If pBFT is a new term for you I can highly recommend the Blockonomi article.
 
The idea of pBFT was introduced in 1999 - one of the authors even won a Turing award for it - and it is well researched and applied in various blockchains and distributed systems nowadays. If you want more advanced information than the Blockonomi link provides click here. And if you’re in between Blockonomi and the University of Singapore read the Zilliqa Design Story Part 2 dating from October 2017.
Quoting from the Zilliqa tech whitepaper: “pBFT relies upon a correct leader (which is randomly selected) to begin each phase and proceed when the sufficient majority exists. In case the leader is byzantine it can stall the entire consensus protocol. To address this challenge, pBFT offers a view change protocol to replace the byzantine leader with another one.”
 
pBFT can tolerate ⅓ of the nodes being dishonest (offline counts as Byzantine = dishonest) and the consensus protocol will function without stalling or hiccups. Once there are more than ⅓ of dishonest nodes but no more than ⅔ the network will be stalled and a view change will be triggered to elect a new DS leader. Only when more than ⅔ of the nodes are dishonest (66%) double-spend attacks become possible.
 
If the network stalls no transactions can be processed and one has to wait until a new honest leader has been elected. When the mainnet was just launched and in its early phases, view changes happened regularly. As of today the last stalling of the network - and view change being triggered - was at the end of October 2019.
 
Another benefit of using pBFT for consensus besides low energy is the immediate finality it provides. Once your transaction is included in a block and the block is added to the chain it’s done. Lastly, take a look at this article where three types of finality are being defined: probabilistic, absolute and economic finality. Zilliqa falls under the absolute finality (just like Tendermint for example). Although lengthy already we skipped through some of the inner workings from Zilliqa’s consensus: read the Zilliqa Design Story Part 3 and you will be close to having a complete picture on it. Enough about PoW, sybil resistance mechanism, pBFT, etc. Another thing we haven’t looked at yet is the amount of decentralization.
 
Decentralisation
 
Currently, there are four shards, each one of them consisting of 600 nodes. 1 shard with 600 so-called DS nodes (Directory Service - they need to achieve a higher difficulty than shard nodes) and 1800 shard nodes of which 250 are shard guards (centralized nodes controlled by the team). The amount of shard guards has been steadily declining from 1200 in January 2019 to 250 as of May 2020. On the Viewblock statistics, you can see that many of the nodes are being located in the US but those are only the (CPU parts of the) shard nodes who perform pBFT. There is no data from where the PoW sources are coming. And when the Zilliqa blockchain starts reaching its transaction capacity limit, a network upgrade needs to be executed to lift the current cap of maximum 2400 nodes to allow more nodes and formation of more shards which will allow to network to keep on scaling according to demand.
Besides shard nodes there are also seed nodes. The main role of seed nodes is to serve as direct access points (for end-users and clients) to the core Zilliqa network that validates transactions. Seed nodes consolidate transaction requests and forward these to the lookup nodes (another type of nodes) for distribution to the shards in the network. Seed nodes also maintain the entire transaction history and the global state of the blockchain which is needed to provide services such as block explorers. Seed nodes in the Zilliqa network are comparable to Infura on Ethereum.
 
The seed nodes were first only operated by Zilliqa themselves, exchanges and Viewblock. Operators of seed nodes like exchanges had no incentive to open them for the greater public. They were centralised at first. Decentralisation at the seed nodes level has been steadily rolled out since March 2020 ( Zilliqa Improvement Proposal 3 ). Currently the amount of seed nodes is being increased, they are public-facing and at the same time PoS is applied to incentivize seed node operators and make it possible for ZIL holders to stake and earn passive yields. Important distinction: seed nodes are not involved with consensus! That is still PoW as entry ticket and pBFT for the actual consensus.
 
5% of the block rewards are being assigned to seed nodes (from the beginning in 2019) and those are being used to pay out ZIL stakers. The 5% block rewards with an annual yield of 10.03% translate to roughly 610 MM ZILs in total that can be staked. Exchanges use the custodial variant of staking and wallets like Moonlet will use the non-custodial version (starting in Q3 2020). Staking is being done by sending ZILs to a smart contract created by Zilliqa and audited by Quantstamp.
 
With a high amount of DS; shard nodes and seed nodes becoming more decentralized too, Zilliqa qualifies for the label of decentralized in my opinion.
 
Smart contracts
 
Let me start by saying I’m not a developer and my programming skills are quite limited. So I‘m taking the ELI5 route (maybe 12) but if you are familiar with Javascript, Solidity or specifically OCaml please head straight to Scilla - read the docs to get a good initial grasp of how Zilliqa’s smart contract language Scilla works and if you ask yourself “why another programming language?” check this article. And if you want to play around with some sample contracts in an IDE click here. The faucet can be found here. And more information on architecture, dapp development and API can be found on the Developer Portal.
If you are more into listening and watching: check this recent webinar explaining Zilliqa and Scilla. Link is time-stamped so you’ll start right away with a platform introduction, roadmap 2020 and afterwards a proper Scilla introduction.
 
Generalized: programming languages can be divided into being ‘object-oriented’ or ‘functional’. Here is an ELI5 given by software development academy: * “all programs have two basic components, data – what the program knows – and behavior – what the program can do with that data. So object-oriented programming states that combining data and related behaviors in one place, is called “object”, which makes it easier to understand how a particular program works. On the other hand, functional programming argues that data and behavior are different things and should be separated to ensure their clarity.” *
 
Scilla is on the functional side and shares similarities with OCaml: OCaml is a general-purpose programming language with an emphasis on expressiveness and safety. It has an advanced type system that helps catch your mistakes without getting in your way. It's used in environments where a single mistake can cost millions and speed matters, is supported by an active community, and has a rich set of libraries and development tools. For all its power, OCaml is also pretty simple, which is one reason it's often used as a teaching language.
 
Scilla is blockchain agnostic, can be implemented onto other blockchains as well, is recognized by academics and won a so-called Distinguished Artifact Award award at the end of last year.
 
One of the reasons why the Zilliqa team decided to create their own programming language focused on preventing smart contract vulnerabilities is that adding logic on a blockchain, programming, means that you cannot afford to make mistakes. Otherwise, it could cost you. It’s all great and fun blockchains being immutable but updating your code because you found a bug isn’t the same as with a regular web application for example. And with smart contracts, it inherently involves cryptocurrencies in some form thus value.
 
Another difference with programming languages on a blockchain is gas. Every transaction you do on a smart contract platform like Zilliqa or Ethereum costs gas. With gas you basically pay for computational costs. Sending a ZIL from address A to address B costs 0.001 ZIL currently. Smart contracts are more complex, often involve various functions and require more gas (if gas is a new concept click here ).
 
So with Scilla, similar to Solidity, you need to make sure that “every function in your smart contract will run as expected without hitting gas limits. An improper resource analysis may lead to situations where funds may get stuck simply because a part of the smart contract code cannot be executed due to gas limits. Such constraints are not present in traditional software systems”. Scilla design story part 1
 
Some examples of smart contract issues you’d want to avoid are: leaking funds, ‘unexpected changes to critical state variables’ (example: someone other than you setting his or her address as the owner of the smart contract after creation) or simply killing a contract.
 
Scilla also allows for formal verification. Wikipedia to the rescue: In the context of hardware and software systems, formal verification is the act of proving or disproving the correctness of intended algorithms underlying a system with respect to a certain formal specification or property, using formal methods of mathematics.
 
Formal verification can be helpful in proving the correctness of systems such as: cryptographic protocols, combinational circuits, digital circuits with internal memory, and software expressed as source code.
 
Scilla is being developed hand-in-hand with formalization of its semantics and its embedding into the Coq proof assistant — a state-of-the art tool for mechanized proofs about properties of programs.”
 
Simply put, with Scilla and accompanying tooling developers can be mathematically sure and proof that the smart contract they’ve written does what he or she intends it to do.
 
Smart contract on a sharded environment and state sharding
 
There is one more topic I’d like to touch on: smart contract execution in a sharded environment (and what is the effect of state sharding). This is a complex topic. I’m not able to explain it any easier than what is posted here. But I will try to compress the post into something easy to digest.
 
Earlier on we have established that Zilliqa can process transactions in parallel due to network sharding. This is where the linear scalability comes from. We can define simple transactions: a transaction from address A to B (Category 1), a transaction where a user interacts with one smart contract (Category 2) and the most complex ones where triggering a transaction results in multiple smart contracts being involved (Category 3). The shards are able to process transactions on their own without interference of the other shards. With Category 1 transactions that is doable, with Category 2 transactions sometimes if that address is in the same shard as the smart contract but with Category 3 you definitely need communication between the shards. Solving that requires to make a set of communication rules the protocol needs to follow in order to process all transactions in a generalised fashion.
 
And this is where the downsides of state sharding comes in currently. All shards in Zilliqa have access to the complete state. Yes the state size (0.1 GB at the moment) grows and all of the nodes need to store it but it also means that they don’t need to shop around for information available on other shards. Requiring more communication and adding more complexity. Computer science knowledge and/or developer knowledge required links if you want to dig further: Scilla - language grammar Scilla - Foundations for Verifiable Decentralised Computations on a Blockchain Gas Accounting NUS x Zilliqa: Smart contract language workshop
 
Easier to follow links on programming Scilla https://learnscilla.com/home Ivan on Tech
 
Roadmap / Zilliqa 2.0
 
There is no strict defined roadmap but here are topics being worked on. And via the Zilliqa website there is also more information on the projects they are working on.
 
Business & Partnerships
 
It’s not only technology in which Zilliqa seems to be excelling as their ecosystem has been expanding and starting to grow rapidly. The project is on a mission to provide OpenFinance (OpFi) to the world and Singapore is the right place to be due to its progressive regulations and futuristic thinking. Singapore has taken a proactive approach towards cryptocurrencies by introducing the Payment Services Act 2019 (PS Act). Among other things, the PS Act will regulate intermediaries dealing with certain cryptocurrencies, with a particular focus on consumer protection and anti-money laundering. It will also provide a stable regulatory licensing and operating framework for cryptocurrency entities, effectively covering all crypto businesses and exchanges based in Singapore. According to PWC 82% of the surveyed executives in Singapore reported blockchain initiatives underway and 13% of them have already brought the initiatives live to the market. There is also an increasing list of organizations that are starting to provide digital payment services. Moreover, Singaporean blockchain developers Building Cities Beyond has recently created an innovation $15 million grant to encourage development on its ecosystem. This all suggests that Singapore tries to position itself as (one of) the leading blockchain hubs in the world.
 
Zilliqa seems to already take advantage of this and recently helped launch Hg Exchange on their platform, together with financial institutions PhillipCapital, PrimePartners and Fundnel. Hg Exchange, which is now approved by the Monetary Authority of Singapore (MAS), uses smart contracts to represent digital assets. Through Hg Exchange financial institutions worldwide can use Zilliqa's safe-by-design smart contracts to enable the trading of private equities. For example, think of companies such as Grab, Airbnb, SpaceX that are not available for public trading right now. Hg Exchange will allow investors to buy shares of private companies & unicorns and capture their value before an IPO. Anquan, the main company behind Zilliqa, has also recently announced that they became a partner and shareholder in TEN31 Bank, which is a fully regulated bank allowing for tokenization of assets and is aiming to bridge the gap between conventional banking and the blockchain world. If STOs, the tokenization of assets, and equity trading will continue to increase, then Zilliqa’s public blockchain would be the ideal candidate due to its strategic positioning, partnerships, regulatory compliance and the technology that is being built on top of it.
 
What is also very encouraging is their focus on banking the un(der)banked. They are launching a stablecoin basket starting with XSGD. As many of you know, stablecoins are currently mostly used for trading. However, Zilliqa is actively trying to broaden the use case of stablecoins. I recommend everybody to read this text that Amrit Kumar wrote (one of the co-founders). These stablecoins will be integrated in the traditional markets and bridge the gap between the crypto world and the traditional world. This could potentially revolutionize and legitimise the crypto space if retailers and companies will for example start to use stablecoins for payments or remittances, instead of it solely being used for trading.
 
Zilliqa also released their DeFi strategic roadmap (dating November 2019) which seems to be aligning well with their OpFi strategy. A non-custodial DEX is coming to Zilliqa made by Switcheo which allows cross-chain trading (atomic swaps) between ETH, EOS and ZIL based tokens. They also signed a Memorandum of Understanding for a (soon to be announced) USD stablecoin. And as Zilliqa is all about regulations and being compliant, I’m speculating on it to be a regulated USD stablecoin. Furthermore, XSGD is already created and visible on block explorer and XIDR (Indonesian Stablecoin) is also coming soon via StraitsX. Here also an overview of the Tech Stack for Financial Applications from September 2019. Further quoting Amrit Kumar on this:
 
There are two basic building blocks in DeFi/OpFi though: 1) stablecoins as you need a non-volatile currency to get access to this market and 2) a dex to be able to trade all these financial assets. The rest are built on top of these blocks.
 
So far, together with our partners and community, we have worked on developing these building blocks with XSGD as a stablecoin. We are working on bringing a USD-backed stablecoin as well. We will soon have a decentralised exchange developed by Switcheo. And with HGX going live, we are also venturing into the tokenization space. More to come in the future.”
 
Additionally, they also have this ZILHive initiative that injects capital into projects. There have been already 6 waves of various teams working on infrastructure, innovation and research, and they are not from ASEAN or Singapore only but global: see Grantees breakdown by country. Over 60 project teams from over 20 countries have contributed to Zilliqa's ecosystem. This includes individuals and teams developing wallets, explorers, developer toolkits, smart contract testing frameworks, dapps, etc. As some of you may know, Unstoppable Domains (UD) blew up when they launched on Zilliqa. UD aims to replace cryptocurrency addresses with a human-readable name and allows for uncensorable websites. Zilliqa will probably be the only one able to handle all these transactions onchain due to ability to scale and its resulting low fees which is why the UD team launched this on Zilliqa in the first place. Furthermore, Zilliqa also has a strong emphasis on security, compliance, and privacy, which is why they partnered with companies like Elliptic, ChainSecurity (part of PwC Switzerland), and Incognito. Their sister company Aqilliz (Zilliqa spelled backwards) focuses on revolutionizing the digital advertising space and is doing interesting things like using Zilliqa to track outdoor digital ads with companies like Foodpanda.
 
Zilliqa is listed on nearly all major exchanges, having several different fiat-gateways and recently have been added to Binance’s margin trading and futures trading with really good volume. They also have a very impressive team with good credentials and experience. They don't just have “tech people”. They have a mix of tech people, business people, marketeers, scientists, and more. Naturally, it's good to have a mix of people with different skill sets if you work in the crypto space.
 
Marketing & Community
 
Zilliqa has a very strong community. If you just follow their Twitter their engagement is much higher for a coin that has approximately 80k followers. They also have been ‘coin of the day’ by LunarCrush many times. LunarCrush tracks real-time cryptocurrency value and social data. According to their data, it seems Zilliqa has a more fundamental and deeper understanding of marketing and community engagement than almost all other coins. While almost all coins have been a bit frozen in the last months, Zilliqa seems to be on its own bull run. It was somewhere in the 100s a few months ago and is currently ranked #46 on CoinGecko. Their official Telegram also has over 20k people and is very active, and their community channel which is over 7k now is more active and larger than many other official channels. Their local communities also seem to be growing.
 
Moreover, their community started ‘Zillacracy’ together with the Zilliqa core team ( see www.zillacracy.com ). It’s a community-run initiative where people from all over the world are now helping with marketing and development on Zilliqa. Since its launch in February 2020 they have been doing a lot and will also run their own non-custodial seed node for staking. This seed node will also allow them to start generating revenue for them to become a self sustaining entity that could potentially scale up to become a decentralized company working in parallel with the Zilliqa core team. Comparing it to all the other smart contract platforms (e.g. Cardano, EOS, Tezos etc.) they don't seem to have started a similar initiative (correct me if I’m wrong though). This suggests in my opinion that these other smart contract platforms do not fully understand how to utilize the ‘power of the community’. This is something you cannot ‘buy with money’ and gives many projects in the space a disadvantage.
 
Zilliqa also released two social products called SocialPay and Zeeves. SocialPay allows users to earn ZILs while tweeting with a specific hashtag. They have recently used it in partnership with the Singapore Red Cross for a marketing campaign after their initial pilot program. It seems like a very valuable social product with a good use case. I can see a lot of traditional companies entering the space through this product, which they seem to suggest will happen. Tokenizing hashtags with smart contracts to get network effect is a very smart and innovative idea.
 
Regarding Zeeves, this is a tipping bot for Telegram. They already have 1000s of signups and they plan to keep upgrading it for more and more people to use it (e.g. they recently have added a quiz features). They also use it during AMAs to reward people in real-time. It’s a very smart approach to grow their communities and get familiar with ZIL. I can see this becoming very big on Telegram. This tool suggests, again, that the Zilliqa team has a deeper understanding of what the crypto space and community needs and is good at finding the right innovative tools to grow and scale.
 
To be honest, I haven’t covered everything (i’m also reaching the character limited haha). So many updates happening lately that it's hard to keep up, such as the International Monetary Fund mentioning Zilliqa in their report, custodial and non-custodial Staking, Binance Margin, Futures, Widget, entering the Indian market, and more. The Head of Marketing Colin Miles has also released this as an overview of what is coming next. And last but not least, Vitalik Buterin has been mentioning Zilliqa lately acknowledging Zilliqa and mentioning that both projects have a lot of room to grow. There is much more info of course and a good part of it has been served to you on a silver platter. I invite you to continue researching by yourself :-) And if you have any comments or questions please post here!
submitted by haveyouheardaboutit to CryptoCurrency [link] [comments]

Open letter to Mister Porter Stansberry

First of all, Hello!
I hope all is well and you don't plan to die very soon like your good friend Rey Rivera.
But let's talk about Rey.
When I first started on Rey's Unsolved Mysteries case I did not think I would be solving ”who stole Johnny's bike” as some Reddit user (maybe one of yours) mocked me.
But neither did I exactly think I would be uncovering one of the biggest, most successful Ponzi variant pyramid schemes in the history of the world.
Now I was very surprised that the FBI ruled the ”ramblings” as paranoid, delusional and with evidence of a persecution complex. The document is quite congratulatory towards you Mister Stansberry, you had done a marvellous job until that point for your patrons, except for the few slaps on the hand you had received for overreaching a bit, the overall tone is very positive towards you, the very able tech savvy guy.
But let's talk about the note shall we. Why would a paranoid, delusional, suicidal man make a great little list of people on which he would put his wife by her maiden name instead as ”my wife” or ”Allison Rivera (wife)” similarly to the other family members.
And also put your own family, several people (who don't all work for you as the media claims) that are members of Bill Bonner's secret society club, The Oxford Club; And Chuck Batchelder (the owner of a local stock corporation) the future Bitcoin Belle and to investment advisors connected to the fund your secret club urges people to put their money into.
I know Rey had attended at least two Oxford Club events, but did he really know Addison Wiggin, Wayne Ellis and Bill Bonner so well as to put them on his little suicide list and wish some reward on them as on to the others? And why would your dead friend be found at Bill Bonner owned properties? And Steve Sjuggerud only joined with you at Stansberry Research after Rey left. So neither would he be close to Sjuggerud, a former higher up of Oxford Club.
Let me tell you what I think. I think this note is partial MoM of a meeting. Do you disagree? I'm sure you will have to. But indulge me a bit. Let's say it is. When could this meeting have taken place?
Well Thom Hickling ”gave his life for this pursuit” in December and so did Anne Rayburn,sister to George Rayburn (I am told by suicide as well,shocking). So it would have to have been after that.
Ray was at one of the Oxford Club events in March, The Investment U event, the one he was working at when he died.
Not only that, but this game that was ”so enjoyable” and ”had to end” in Rey's letter happens to coincide with a certain withdrawal of yours and Bill Bonner's from the executive committee and panels of the Oxford Club. Perhaps due to the attention you were receiving because of Ryals and the SEC? One has to protect home base isn't that so?
Let's talk about that for a moment before returning to Rey. Your mentor Bill Bonner speaks so kindly of you in a reply for mother jones, and adamantly sustains what you have already claimed that there is just no profit in being wrong that you don't trade in the stocks you advise on. But for 5k a secret private investor report I should think there is some profit to be made. He also boasts about some of the things you managed to warn about in advance.
So Mister Porter how can you both be bad and exceptional at your job? I'll tell you how. You're paid to do it. You Mister Porter are the MiddleMan. Well, one of them.
In one of the Oxford communiques it is eloquently explained how to do short selling and deal with penny stock. It also tells you while it is demonised it is not illegal. Well, not unless you accompany it with rumour mongering or pump and dump.
How would this work? I wonder as someone with no financial background. Well, I suppose it's actually as easy as giving conflicting advice and letting your secret friends at your secret club know when your ”advice drops” and when to act.
But what did your secret friends really want in the USEC case. Well. This was a long play game not a short term one. In your speech you so proudly say that all you did was interrupt a monopoly USEC had and if only the people who bought the stock held on to it they would be making money. So I guess you said it yourself, what the purpose was, people just didn't catch on.
Ah! but alas, The Oxford Club's member list is very very secret. What can be proven though is your place in it. And since we're on that. One of your big accentuated statements in conversations with Ryals was that you have barely had any contact with Jim Davidson (you called him Jim, same way as he is so fondly referred to at times in the communiques)
In fact, before that time he was very active in the Club. You of course started at the Club, before opening your own branch, The Oxford Club made you. I would assume being on various positions, Advisory Council, Exec committee, you would have no choice but do deal with James Dale Davidson. So why did you deny him so harshly?
I suspect the name Keith Richards in the letter could very well be substituted by James Davidson and the speech in Rey's letter would make sense.
PS Let us not forget naming Skousen, he was a frequent panelist and active member as well but Ryals did not have the Oxford Club connection, all he had was you being at events together.
While we are on the Ryals subject, both he and the note mention some patent debacle. He talks about a Stanford patent and a Mister Cooke. Who would that be, Boxley Cooke or Mr Cooke Senior, the father of his beautiful wife Julia Guth Cooke.
But let us get back to Rey. He is the reason we all are doing this. The three friends that found him. Steven King and George Rayburn specifically, not the rookie they dragged along to ”find” the body.
They were both rising stars of The Oxford Club. While George had remained affiliated with Stansberry for a while, he is now VP at Oxford Club, imagine that. But King did not work for you at all, he was an event manager of sorts for the club. Following year he was in the exec, well done Steven. All in all both rising stars of the club.
Now I am just going to be upfront, after publishing my research on a discussion board that was swiftly taken down, someone PMed me a confession. A confession to lead every enquiring mind to you Mister Porter.
Amongst the things this person said where that Thom Hickling was a whistleblower that was chirping to someone already connected to Agora. He alleges that 9/11 was the reason Thom wanted out in the first place, and that he tried to recruit Rey Rivera but he refused, explaining why Rey was being watched and the break-ins etc.
What I found interesting was that he said that it was you specifically who called Rey to meet up and forced him to take a sprinting jump off the building. And the Netflix episode points the finger at you as well.Heck, everyone out there is trolling your social media accusing you. But Mister Porter you, I'm told, had an alibi.
So what is the catch? Are you ready to give your life to this pursuit of wealth too, or do you believe you won't have to?
Because to me, all the evidence points to The Oxford Club and your secret secret friends.
George Rayburn was hanging around a gay bar whilst waiting for his buddy King to bring the third witness, witnesses say Rey had a fight with someone at a gay bar prior to his death.
This person that gave me the ”leaked information” alleges there was someone in the room while the body was on the floor, so access to the place was needed.
Rey's missing money clip, the fact that Cheetos leave the stomach way earlier than 5 hours as Mikita alleges she heard the bang at 10pm.
Web of lies. He was never on that roof. He died shortly after he got where he was going.
And I don't believe you gave the order.
Now I am going to tell you the trouble with secret societies, brotherhoods and secret friendships. There is a narrative surrounding it that makes you look insane when you dare speak the name. And that is exactly what happened to Rey. How convenient don't you think?
But one has to ask who really is delusional here, someone seeking an abstract power through wealth or someone believing that there are people out there that have succeeded in what we all want. To be top dog.
Freemasons claim that their pursuit is making men who are their friends better psychologically, at least this is how they explained it to me. But now, the way I see it, that can only be achieved by training empathy or psychopathy. Care to venture which one it is?
If Rey was seeking information at the lodges it was because he was looking at someone not because he was insane.
Of course the lodges would consider the club you were part of to be one of the organisations that they call clandestine.
Interestingly enough this little club you are part of even had a Rothschild on their wealth protection panel for years.
You often refer to your top secret investors as masters, and in one issue you attribute star names to your investors in your All Star Portfolio.
And then there is that line that just cannot be placed in the screenshot of the cut up note.
”I know the importance of our servants that is why I cherish them as secrets.”
This line exists, you can see it in the photo of the note still in the baggy it was placed in.
Couple that with all of the mason talk and the information someone gave me about how certain organisations separate minutes in a meeting by saying Junxit Mors Non Separabit, a question begins to peer its head.
Did Rey Rivera even write the note at all? And who cut it up?
The confession I received to make me stop said Rey wrote it that way so Agora would think it was nothing while specifically implicating you. But I believe the code cannot be completely cracked by anyone but the ones who agreed upon the code. You being one of them.
Allison Jones ”Rivera” came out and said that she knows what all of them mean separately she just doesn't understand why Rey would have it. I find that a very interesting thing to say. Couple that with everyone pointing the finger at you, one wonders if Rey wasn't doing it for you to have leverage.
So let us join you Mister Porter Stansberry, and your secret secret friends, on this endeavour to find the truth. But not for its own sake. In accepting this quest for the truth, we all hope to make ourselves, with your help, into people worthy and ready to receive it.
I think during this crysis other people could really use some of your truth to keep, especially the US who you predicted would fall. (the interests in China are going very well aren't they)
After all, what are masonic type organisations (recognised or not), but a very successful mafia that have elevated street smart to something that belongs in a castle.
A castle like the one Bill Bonner sits in, drinking wine that he caters to the Chairman's Circle and training the next generation of psychopaths.
Sincerely,
Just a regular person.
submitted by Idkoctavia to reyrivera [link] [comments]

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The benefit of using this technique is that proprietors on the Bitcoin framework don't need to know or even have faith in each other. Neither do they rely on a last gathering as the fundamental force that has an extreme state over an exchange? The procedure's advantages are accessible for speed, in any case. The Bitcoin framework can just oversee seven exchanges for every second.
Considerably more unequivocally, every ten mins, a clump of exchanges (alluded to for discourage of activities, along these lines, "square" chain) is affirmed. The issue, in any case, is the bunch is sufficiently enormous to fit a great deal of exchanges. In the event that, for example, you head over Starbucks, and you make a purchase with Bitcoin, in the most ideal situation, your espresso purchase is put into the following cluster. It's checked under ten minutes if Starbucks is sufficient just to remember one confirmation (there are chances associated with just tolerating one affirmation, however we won't get into that in this occurrence).
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On the other side, if there's a broad rundown of exchanges in front of you, your coffee exchange probably won't get by into that next group. What winds up happening would be that your buy gets lined set up for another shipment. The line which the exchange is persistently holding up in is known as the mempool. Presently you've to hold up an extra ten minutes after the earlier cluster of exchanges is finished; i.e., you've to wait for as much as twenty minutes. And still, at the end of the day, there's just no assurance. Maybe, at this point, you discover the point and unquestionably will see unequivocally how troubling it will become to buy a mug of coffee with Bitcoin.
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On the off chance that you exchange on each brought together trade, in spite of the fact that, you could be imagining that Bitcoin speeds are close moment that is a deception. On brought together trades, all the bitcoin is kept in one area. The Bitcoin of yours and mine are aggregate. The trade deals with a database that gives and takes away a history on the Bitcoin you own, subject to each exchange. That is the explanation. Bitcoin maximalists contend that you don't genuinely have your Bitcoin except if it is in your wallet; on the off chance that it lays on a trade, you're represented by chance. The exchange may vanish one day with the entirety of your coins, or perhaps only level out decline to furnish you with the coins you purchased.
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As a retail establishment of worth, Bitcoin has a few great properties. In the first place, it could be had and effectively put away. In contrast to gold, Bitcoin might be put away for a USB stick, regardless of the amount you have. Gold occupies genuine physical room, and holding extensive measures of it can get obvious. Bitcoin likewise offers a fixed cost. Altogether, there'll be close to twenty-one million Bitcoin promptly accessible to the world.
Think about Bitcoin exchange
How Are BITCOIN TRANSACTIONS Processed?
The Bitcoin (BSV) blockchain supports an open record that will keep a background marked by the majority of the exchanges that occurred. Each hub on the framework has a total message of the bookkeeping. Mining will be where extra exchanges between individuals are checked and placed into the Bitcoin (BSV) open record and the way the blockchain is made sure about. Along these lines, blockchain mining will be where fresh out of the box new Bitcoin (BSV) coins are printed and furthermore brought into the current flowing flexibly.
How Does Mining Work?
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Mining is a fundamental segment that empowers the Bitcoin (BSV) blockchain to work being a decentralized shared framework with zero outsider focal position. In expansive phrasing, exchanges become brought into the blockchain by hubs when one specific social gathering coordinates a Bitcoin to another. Excavators run a particular programming bundle to record the squares upon the Bitcoin (BSV) blockchain.
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An excavator gathers exchanges from the brain pool, independently hashes them, presently amasses them inside an impede. After the exchanges get hashed, the hashes are organized straight into a Merkle Tree (or perhaps a hash tree).
A Merkle Tree is made by orchestrating the distinctive exchange hashes into sets at that point hashing them by and by. The yield is organized into sets and hashed again then over and again, until "the top piece of the tree" is secured. The zenith of the tree is known as a root hash or perhaps Merkle root. Its one hash that presents the entirety of the earlier blends utilized in its age.
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Mining a square is troublesome in light of the fact that the SHA 256 hash of a square's header ought to be not exactly or maybe equivalent to the objective with the square to be recognized by the framework. Diggers consistently hash the square header in, by emphasizing through the nonce until one inside the framework excavator makes a legitimate block hash.
At the point when found, the originator hub is going to communicate the square on the Bitcoin people group. Different hubs look at to discover if the hash is certifiable and, hence, tack the square into a duplicate of theirs of the blockchain. Therefore, they've up record after that begin dealing with mining another square.
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Blockchain Rewards
The underlying advance in blockchain mining is including a coinbase exchange, e.g., an unmistakable sort of bitcoin exchange that can simply be created by a digger. This exchange doesn't have any sources of info, and there's an individual comprised of each fresh out of the plastic new impede mined on the Bitcoin (BSV) people group. Any exchange and square rewards expenses got together by the digger are presented this exchange as pay for finding the new square.
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submitted by Competitive-Ad-2769 to u/Competitive-Ad-2769 [link] [comments]

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While it was made as a methods for doing electronic, distributed exchanges, the idea isn't versatile at this stage. It relies a great deal upon confirmation of-work, which happens to be a strategy used to affirm that an arrangement came to fruition.
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The benefit of using this technique is that proprietors on the Bitcoin framework don't need to know or even have faith in each other. Neither do they rely on a last gathering as the fundamental force that has an extreme state over an exchange? The procedure's advantages are accessible for speed, in any case. The Bitcoin framework can just oversee seven exchanges for every second.
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Considerably more unequivocally, every ten mins, a clump of exchanges (alluded to for discourage of activities, along these lines, "square" chain) is affirmed. The issue, in any case, is the bunch is sufficiently enormous to fit a great deal of exchanges. In the event that, for example, you head over Starbucks, and you make a purchase with Bitcoin, in the most ideal situation, your espresso purchase is put into the following cluster. It's checked under ten minutes if Starbucks is sufficient just to remember one confirmation (there are chances associated with just tolerating one affirmation, however we won't get into that in this occurrence).
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On the other side, if there's a broad rundown of exchanges in front of you, your coffee exchange probably won't get by into that next group. What winds up happening would be that your buy gets lined set up for another shipment. The line which the exchange is persistently holding up in is known as the mempool. Presently you've to hold up an extra ten minutes after the earlier cluster of exchanges is finished; i.e., you've to wait for as much as twenty minutes. And still, at the end of the day, there's just no assurance. Maybe, at this point, you discover the point and unquestionably will see unequivocally how troubling it will become to buy a mug of coffee with Bitcoin.
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On the off chance that you exchange on each brought together trade, in spite of the fact that, you could be imagining that Bitcoin speeds are close moment that is a deception. On brought together trades, all the bitcoin is kept in one area. The Bitcoin of yours and mine are aggregate. The trade deals with a database that gives and takes away a history on the Bitcoin you own, subject to each exchange. That is the explanation. Bitcoin maximalists contend that you don't genuinely have your Bitcoin except if it is in your wallet; on the off chance that it lays on a trade, you're represented by chance. The exchange may vanish one day with the entirety of your coins, or perhaps only level out decline to furnish you with the coins you purchased.
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As a retail establishment of worth, Bitcoin has a few great properties. In the first place, it could be had and effectively put away. In contrast to gold, Bitcoin might be put away for a USB stick, regardless of the amount you have. Gold occupies genuine physical room, and holding extensive measures of it can get obvious. Bitcoin likewise offers a fixed cost. Altogether, there'll be close to twenty-one million Bitcoin promptly accessible to the world.
Think about Bitcoin exchange
How Are BITCOIN TRANSACTIONS Processed?
The Bitcoin (BSV) blockchain supports an open record that will keep a background marked by the majority of the exchanges that occurred. Each hub on the framework has a total message of the bookkeeping. Mining will be where extra exchanges between individuals are checked and placed into the Bitcoin (BSV) open record and the way the blockchain is made sure about. Along these lines, blockchain mining will be where fresh out of the box new Bitcoin (BSV) coins are printed and furthermore brought into the current flowing flexibly.
How Does Mining Work?
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Mining is a fundamental segment that empowers the Bitcoin (BSV) blockchain to work being a decentralized shared framework with zero outsider focal position. In expansive phrasing, exchanges become brought into the blockchain by hubs when one specific social gathering coordinates a Bitcoin to another. Excavators run a particular programming bundle to record the squares upon the Bitcoin (BSV) blockchain.
Hubs are the establishment of the blockchain. A hub is a digger that joins towards the Bitcoin (BSV) framework to reveal obstructs in addition to process exchanges. Hubs talk with each other by transmitting data inside the conveyed framework with the Bitcoin (BSV) distributed procedure. All system hubs get the arrangements at that point affirm the legitimacy of theirs.
What occurs after?
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An excavator gathers exchanges from the brain pool, independently hashes them, presently amasses them inside an impede. After the exchanges get hashed, the hashes are organized straight into a Merkle Tree (or perhaps a hash tree).
A Merkle Tree is made by orchestrating the distinctive exchange hashes into sets at that point hashing them by and by. The yield is organized into sets and hashed again then over and again, until "the top piece of the tree" is secured. The zenith of the tree is known as a root hash or perhaps Merkle root. Its one hash that presents the entirety of the earlier blends utilized in its age.
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The square's coming up next: is controlled by header
Mining a square is troublesome in light of the fact that the SHA 256 hash of a square's header ought to be not exactly or maybe equivalent to the objective with the square to be recognized by the framework. Diggers consistently hash the square header in, by emphasizing through the nonce until one inside the framework excavator makes a legitimate block hash.
At the point when found, the originator hub is going to communicate the square on the Bitcoin people group. Different hubs look at to discover if the hash is certifiable and, hence, tack the square into a duplicate of theirs of the blockchain. Therefore, they've up record after that begin dealing with mining another square.
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Blockchain Rewards
The underlying advance in blockchain mining is including a coinbase exchange, e.g., an unmistakable sort of bitcoin exchange that can simply be created by a digger. This exchange doesn't have any sources of info, and there's an individual comprised of each fresh out of the plastic new impede mined on the Bitcoin (BSV) people group. Any exchange and square rewards expenses got together by the digger are presented this exchange as pay for finding the new square.
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submitted by CarryAdmirable to u/CarryAdmirable [link] [comments]

Got questions for the Summit session on security of blockchains? Ask them here! [Defending the blockchain against adversaries - 21:30 UTC]

We hope you all enjoyed Day 1 of the Cardano Virtual Summit. Plenty more great presentations and discussions lined up for today! Like yesterday, we’ll be taking questions ahead of time for a few of the sessions. You’ll still be able to ask questions live during the session, but this helps ensure your questions make it in front of the presenters.
Drop your questions in this thread for the session on:
DEFENDING THE BLOCKCHAIN AGAINST ALL ADVERSARIES, CLASSICAL AND QUANTUM with Prof Alexander Russell, Prof Christopher Moore, Santa Fe Institute; at 21:30 UTC.
About this session:To establish the security of blockchain algorithms with long lifetimes, we consider attacks by powerful adversaries such as those with large-scale quantum computers or classical Bitcoin-scale hashing power over long periods. We discuss the task of hardening existing cryptographic primitives and randomness generation procedures against such adversaries. We conclude with discussion and analysis of a new variant of the Ouroboros randomness generation procedure with stronger resistance to both quantum and classical grinding attacks.
And if you don’t have any questions, please join in by upvoting your favorites. Hope to see you in the session! And if you’re not registered for the virtual (free) summit, what are you waiting for!? Register here.
submitted by makimukai to cardano [link] [comments]

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What are the impediment of Bitcoin as a Transaction Currency?
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While it was made as a methods for doing electronic, distributed exchanges, the idea isn't versatile at this stage. It relies a great deal upon confirmation of-work, which happens to be a strategy used to affirm that an arrangement came to fruition.
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The benefit of using this technique is that proprietors on the Bitcoin framework don't need to know or even have faith in each other. Neither do they rely on a last gathering as the fundamental force that has an extreme state over an exchange? The procedure's advantages are accessible for speed, in any case. The Bitcoin framework can just oversee seven exchanges for every second.
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Considerably more unequivocally, every ten mins, a clump of exchanges (alluded to for discourage of activities, along these lines, "square" chain) is affirmed. The issue, in any case, is the bunch is sufficiently enormous to fit a great deal of exchanges. In the event that, for example, you head over Starbucks, and you make a purchase with Bitcoin, in the most ideal situation, your espresso purchase is put into the following cluster. It's checked under ten minutes if Starbucks is sufficient just to remember one confirmation (there are chances associated with just tolerating one affirmation, however we won't get into that in this occurrence).
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On the other side, if there's a broad rundown of exchanges in front of you, your coffee exchange probably won't get by into that next group. What winds up happening would be that your buy gets lined set up for another shipment. The line which the exchange is persistently holding up in is known as the mempool. Presently you've to hold up an extra ten minutes after the earlier cluster of exchanges is finished; i.e., you've to wait for as much as twenty minutes. And still, at the end of the day, there's just no assurance. Maybe, at this point, you discover the point and unquestionably will see unequivocally how troubling it will become to buy a mug of coffee with Bitcoin.
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On the off chance that you exchange on each brought together trade, in spite of the fact that, you could be imagining that Bitcoin speeds are close moment that is a deception. On brought together trades, all the bitcoin is kept in one area. The Bitcoin of yours and mine are aggregate. The trade deals with a database that gives and takes away a history on the Bitcoin you own, subject to each exchange. That is the explanation. Bitcoin maximalists contend that you don't genuinely have your Bitcoin except if it is in your wallet; on the off chance that it lays on a trade, you're represented by chance. The exchange may vanish one day with the entirety of your coins, or perhaps only level out decline to furnish you with the coins you purchased.
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As a retail establishment of worth, Bitcoin has a few great properties. In the first place, it could be had and effectively put away. In contrast to gold, Bitcoin might be put away for a USB stick, regardless of the amount you have. Gold occupies genuine physical room, and holding extensive measures of it can get obvious. Bitcoin likewise offers a fixed cost. Altogether, there'll be close to twenty-one million Bitcoin promptly accessible to the world.
Think about Bitcoin exchange
How Are BITCOIN TRANSACTIONS Processed?
The Bitcoin (BSV) blockchain supports an open record that will keep a background marked by the majority of the exchanges that occurred. Each hub on the framework has a total message of the bookkeeping. Mining will be where extra exchanges between individuals are checked and placed into the Bitcoin (BSV) open record and the way the blockchain is made sure about. Along these lines, blockchain mining will be where fresh out of the box new Bitcoin (BSV) coins are printed and furthermore brought into the current flowing flexibly.
How Does Mining Work?
Mining is a fundamental segment that empowers the Bitcoin (BSV) blockchain to work being a decentralized shared framework with zero outsider focal position. In expansive phrasing, exchanges become brought into the blockchain by hubs when one specific social gathering coordinates a Bitcoin to another. Excavators run a particular programming bundle to record the squares upon the Bitcoin (BSV) blockchain.
Hubs are the establishment of the blockchain. A hub is a digger that joins towards the Bitcoin (BSV) framework to reveal obstructs in addition to process exchanges. Hubs talk with each other by transmitting data inside the conveyed framework with the Bitcoin (BSV) distributed procedure. All system hubs get the arrangements at that point affirm the legitimacy of theirs.
What occurs after?
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An excavator gathers exchanges from the brain pool, independently hashes them, presently amasses them inside an impede. After the exchanges get hashed, the hashes are organized straight into a Merkle Tree (or perhaps a hash tree).
A Merkle Tree is made by orchestrating the distinctive exchange hashes into sets at that point hashing them by and by. The yield is organized into sets and hashed again then over and again, until "the top piece of the tree" is secured. The zenith of the tree is known as a root hash or perhaps Merkle root. Its one hash that presents the entirety of the earlier blends utilized in its age.
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The square's coming up next: is controlled by header
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Mining a square is troublesome in light of the fact that the SHA 256 hash of a square's header ought to be not exactly or maybe equivalent to the objective with the square to be recognized by the framework. Diggers consistently hash the square header in, by emphasizing through the nonce until one inside the framework excavator makes a legitimate block hash.
At the point when found, the originator hub is going to communicate the square on the Bitcoin people group. Different hubs look at to discover if the hash is certifiable and, hence, tack the square into a duplicate of theirs of the blockchain. Therefore, they've up record after that begin dealing with mining another square.
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Blockchain Rewards
The underlying advance in blockchain mining is including a coinbase exchange, e.g., an unmistakable sort of bitcoin exchange that can simply be created by a digger. This exchange doesn't have any sources of info, and there's an individual comprised of each fresh out of the plastic new impede mined on the Bitcoin (BSV) people group. Any exchange and square rewards expenses got together by the digger are presented this exchange as pay for finding the new square.
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submitted by SpareEbb7035 to u/SpareEbb7035 [link] [comments]

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While it was made as a methods for doing electronic, distributed exchanges, the idea isn't versatile at this stage. It relies a great deal upon confirmation of-work, which happens to be a strategy used to affirm that an arrangement came to fruition.
The benefit of using this technique is that proprietors on the Bitcoin framework don't need to know or even have faith in each other. Neither do they rely on a last gathering as the fundamental force that has an extreme state over an exchange? The procedure's advantages are accessible for speed, in any case. The Bitcoin framework can just oversee seven exchanges for every second.
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Considerably more unequivocally, every ten mins, a clump of exchanges (alluded to for discourage of activities, along these lines, "square" chain) is affirmed. The issue, in any case, is the bunch is sufficiently enormous to fit a great deal of exchanges. In the event that, for example, you head over Starbucks, and you make a purchase with Bitcoin, in the most ideal situation, your espresso purchase is put into the following cluster. It's checked under ten minutes if Starbucks is sufficient just to remember one confirmation (there are chances associated with just tolerating one affirmation, however we won't get into that in this occurrence).
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On the other side, if there's a broad rundown of exchanges in front of you, your coffee exchange probably won't get by into that next group. What winds up happening would be that your buy gets lined set up for another shipment. The line which the exchange is persistently holding up in is known as the mempool. Presently you've to hold up an extra ten minutes after the earlier cluster of exchanges is finished; i.e., you've to wait for as much as twenty minutes. And still, at the end of the day, there's just no assurance. Maybe, at this point, you discover the point and unquestionably will see unequivocally how troubling it will become to buy a mug of coffee with Bitcoin.
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On the off chance that you exchange on each brought together trade, in spite of the fact that, you could be imagining that Bitcoin speeds are close moment that is a deception. On brought together trades, all the bitcoin is kept in one area. The Bitcoin of yours and mine are aggregate. The trade deals with a database that gives and takes away a history on the Bitcoin you own, subject to each exchange. That is the explanation. Bitcoin maximalists contend that you don't genuinely have your Bitcoin except if it is in your wallet; on the off chance that it lays on a trade, you're represented by chance. The exchange may vanish one day with the entirety of your coins, or perhaps only level out decline to furnish you with the coins you purchased.
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As a retail establishment of worth, Bitcoin has a few great properties. In the first place, it could be had and effectively put away. In contrast to gold, Bitcoin might be put away for a USB stick, regardless of the amount you have. Gold occupies genuine physical room, and holding extensive measures of it can get obvious. Bitcoin likewise offers a fixed cost. Altogether, there'll be close to twenty-one million Bitcoin promptly accessible to the world.
Think about Bitcoin exchange
How Are BITCOIN TRANSACTIONS Processed?
The Bitcoin (BSV) blockchain supports an open record that will keep a background marked by the majority of the exchanges that occurred. Each hub on the framework has a total message of the bookkeeping. Mining will be where extra exchanges between individuals are checked and placed into the Bitcoin (BSV) open record and the way the blockchain is made sure about. Along these lines, blockchain mining will be where fresh out of the box new Bitcoin (BSV) coins are printed and furthermore brought into the current flowing flexibly.
How Does Mining Work?
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Mining is a fundamental segment that empowers the Bitcoin (BSV) blockchain to work being a decentralized shared framework with zero outsider focal position. In expansive phrasing, exchanges become brought into the blockchain by hubs when one specific social gathering coordinates a Bitcoin to another. Excavators run a particular programming bundle to record the squares upon the Bitcoin (BSV) blockchain.
Hubs are the establishment of the blockchain. A hub is a digger that joins towards the Bitcoin (BSV) framework to reveal obstructs in addition to process exchanges. Hubs talk with each other by transmitting data inside the conveyed framework with the Bitcoin (BSV) distributed procedure. All system hubs get the arrangements at that point affirm the legitimacy of theirs.
What occurs after?
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An excavator gathers exchanges from the brain pool, independently hashes them, presently amasses them inside an impede. After the exchanges get hashed, the hashes are organized straight into a Merkle Tree (or perhaps a hash tree).
A Merkle Tree is made by orchestrating the distinctive exchange hashes into sets at that point hashing them by and by. The yield is organized into sets and hashed again then over and again, until "the top piece of the tree" is secured. The zenith of the tree is known as a root hash or perhaps Merkle root. Its one hash that presents the entirety of the earlier blends utilized in its age.
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The square's coming up next: is controlled by header
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Mining a square is troublesome in light of the fact that the SHA 256 hash of a square's header ought to be not exactly or maybe equivalent to the objective with the square to be recognized by the framework. Diggers consistently hash the square header in, by emphasizing through the nonce until one inside the framework excavator makes a legitimate block hash.
At the point when found, the originator hub is going to communicate the square on the Bitcoin people group. Different hubs look at to discover if the hash is certifiable and, hence, tack the square into a duplicate of theirs of the blockchain. Therefore, they've up record after that begin dealing with mining another square.
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Blockchain Rewards
The underlying advance in blockchain mining is including a coinbase exchange, e.g., an unmistakable sort of bitcoin exchange that can simply be created by a digger. This exchange doesn't have any sources of info, and there's an individual comprised of each fresh out of the plastic new impede mined on the Bitcoin (BSV) people group. Any exchange and square rewards expenses got together by the digger are presented this exchange as pay for finding the new square.
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submitted by Few-Heat4339 to u/Few-Heat4339 [link] [comments]

[FOR SALE] Acid rap & Let the Sun talk

BOTH SOLD Thanks for the interest everyone!
If you are not in Canada we can discuss shipping costs
[PENDING] Acid rap official pressing -
Never spun and sleeve is like new. Can provide pictures to those interested
$125USD/170CAD Shipped anywhere in Canada
[PENDING] Mavi - Let the sun talk
Mint condition still in wraped sleeve with seal of approval stamp and print number #256/350 black og variant
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Payment could be PayPal/Bitcoin
submitted by Amazonn_Pro to VinylCollectors [link] [comments]

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Bitcoin, generally referred to as a cryptocurrency, a virtual currency, or maybe an
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It;s similar to an online variant of cash. You can use it to purchase services and
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banned it entirely. Bitcoin Technical Support Number~833~902~2400~USA~
After you own bitcoins, they have trade and value just like they were nuggets of
yellow in your pocket. You can utilize the bitcoins of yours to buy products and
services online, or maybe you can tuck them out and hope that their value will
increase over the years. Bitcoins are traded from a single personal' wallet' to yet
another. Bitcoin Technical Support Number~833~902~2400~USA~
A wallet is a little private database you save on your computer drive, on your
smartphone, on the tablet of yours, or anywhere within the cloud.
How are brand new Bitcoins created?
For your Bitcoin phone system to work, people can make their laptop process
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Computer systems exist, working out complicated sums. Sometimes they're rewarded
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Most people create powerful computers simply to try to get Bitcoins. This's known as
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But the sums are starting to be more and harder to stop way too many Bitcoins being
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In case you began mining now, it may be many years before you got one Bitcoin.
You might wind up spending more money on electrical power for your laptop or
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Why are Bitcoins useful?
There are plenty of things other than cash, which we think about important, like
diamonds and gold. The Aztecs used cocoa beans as money!
Bitcoins are beneficial because individuals are inclined to exchange them for actual
services and goods, and even money.
Exactly why do folks want Bitcoins?
Some individuals, such as the fact that Bitcoin isn't managed by the government or
perhaps banks.
Bitcoin Technical Support Number~833~902~2400~USA~
People can also invest their Bitcoins somewhat anonymously. Although most
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Can it be sound?
Each transaction is documented publicly, so it is tough to copy Bitcoins, create fake
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The importance of Bitcoins went up and down through the years since it had been
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submitted by IcyAirline118 to u/IcyAirline118 [link] [comments]

The Pros and Cons of the new FIR system.

First i would like to start this post by saying i only want to tackle the actual gameplay aspects of the changes and not battling hackers. Im only level 20 this patch while last patch i was lvl 50 after a couple weeks. I wanted to take a break from the game and wait for new customs or a big patch before i started the grind again. Obviously as someone so low level it is hard to fully understand the full impact it has on the game but so far here are my impressions in the first 20 levels. I want to structure this so i mention a new feature, how it benefits the game and then the negative implications that follow.
So to start lets tackle the new FIR status on items.
The best part of the new FIR is obviously the lack of hatchet runner and marked room farmers. Having items locked to FIR makes it so surviving becomes essential to make money which honestly should be how the game operated 90% of the time. Combating hatcheters is easily the best part of the new feature!
The negative aspects ive seen is the ability to create gun builds and actually customize your guns. Obviously you can grind traders and unlock cheap attachments so you can create any build as cheap as possible, but thats how it has always been. Grinding hideout and traders was an amazing way to make money and keep it coming in at a steady rate, lowering the cost of attachments and creating the option to buy parts and re sell them. This last part created a competitive marketplace and further benefited players who grinded quests and hideouts early. Players could re sell items and make a steady profit while fighting others trying to undercut them (excluding item buy limits which were bullshit) . This made low tier attachments such as the AK Recoil pad that goes for 3000 from lvl 3 prapor relatively cheap to players who were lvl 10-20 and wanted a basic budget build. Now that same recoil pad, the most basic attachment to improve a shitty AK, 30 000 rubles and up.
Weapon attachments have always been highly priced if they are linked to a mission but now it has gotten ridiculous as the market has become significantly less competitive. I have no problem using shitty weapons but my favorite part of tarkov was the weapon customization. I would make 3-4 variants of the same weapon depending on how kitted we wanted to go.

I think a simple fix could be to lock certain items with the FIR status such as tetrises, bitcoins, led x's, really any high tier item that isn't an attachment maybe excluding thermals.
submitted by LDunph to EscapefromTarkov [link] [comments]

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Bitcoin, generally referred to as a cryptocurrency, a virtual currency, or maybe an
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Its similar to an online variant of cash. You can use it to purchase services and
products, though very few stores accept Bitcoin yet, and several countries have
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After you own bitcoins, they have trade and value just like they were nuggets of
yellow in your pocket. You can utilize the bitcoins of yours to buy products and
services online, or maybe you can tuck them out and hope that their value will
increase over the years. Bitcoins are traded from a single personal' wallet' to yet
another. Call us on +1 (833)902(2400)@ Bitcoin technical Support Number
A wallet is a little private database you save on your computer drive, on your
smartphone, on the tablet of yours, or anywhere within the cloud.
How are brand new Bitcoins created?
For your Bitcoin phone system to work, people can make their laptop process
transactions for everybody.
Computer systems exist, working out complicated sums. Sometimes they're rewarded
with a Bitcoin because of the owner to hold.
Most people create powerful computers simply to try to get Bitcoins. This's known as
mining. Call us on +1 (833)902(2400)@ Bitcoin technical Support Number
But the sums are starting to be more and harder to stop way too many Bitcoins being
generated.
In case you began mining now, it may be many years before you got one Bitcoin.
You might wind up spending more money on electrical power for your laptop or
computer than the Bitcoin will be worth it.
Call us on +1 (833)902(2400)@ Bitcoin technical Support Number
Why are Bitcoins useful?
There are plenty of things other than cash, which we think about important, like
diamonds and gold. The Aztecs used cocoa beans as money!
Bitcoins are beneficial because individuals are inclined to exchange them for actual
services and goods, and even money.
Call us on +1 (833)902(2400)@ Bitcoin technical Support Number
Exactly why do folks want Bitcoins?
Some individuals, such as the fact that Bitcoin isn't managed by the government or
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People can also invest their Bitcoins somewhat anonymously. Although most
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Can it be sound?
Each transaction is documented publicly, so it is tough to copy Bitcoins, create fake
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Call us on +1 (833)902(2400)@ Bitcoin technical Support Number
The importance of Bitcoins went up and down through the years since it had been
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submitted by Radiant_Top_9237 to u/Radiant_Top_9237 [link] [comments]

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It's similar to an online variant of cash. You can use it to purchase services and products, though very few stores accept Bitcoin yet, and several countries have banned it entirely.



How does coinbase deliver the results?



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Each transaction is documented publicly, so it is hard to copy coinbases, create fake ones, or even spend people you do not wear.



It's possible to lose the coinbases wallet of yours or delete the coinbases of yours and lose them indefinitely. There also have been thefts from sites that allow you to keep your coinbases remotely.



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Coinbase enables you to purchase merchandise anonymously. Additionally, international payments are cheap and easy because Coinbase s aren't tied to any subject or country to regulation. Small businesses might like them because you will find no credit card charges. Some individuals purchase Coinbases being an investment, hoping that they will climb in value.



Web-based anarchists are going to have the audience think that Coinbase will overthrow fiat currency. More sensible folks believe Coinbase is a censorship-resistant, anonymous electronic currency that's devoid of seizure. Each is incorrect.



Coinbase isn't anonymous; it's personal and contains an open, immutable ledger. It allows for security as just the standard address is public, but this particular implies that exercise on the address is examinable to dissuade illegal activity.



Exactly why is coinbase a Viable Medium of Exchange?



The underlying blockchain technological innovation is created to sustain the integrity of transactions and data. The blockchain forever records confirmed transactions through a procedure referred to as mining. Each deal is digitally signed and also authenticated through cryptographic strategies that guarantee the money can't be invested much more than one time.



The financial passions of the miner avoid double-spending. Miners won't include double-spent transactions mainly because there is a threat that several other miners will reject the block of theirs; thus, they shed out on possible earnings. Double-spending is a criminal offense, and folks won't escape an immutable proof trail of the attempted theft.
submitted by No_Buy6731 to u/No_Buy6731 [link] [comments]

DID's, ION, and Prism

Lately I have been increasingly interested in Prism. Charles has recently touted it as a contender against Microsoft's DID implementation test deployed on Bitcoin - ION. Interestingly Microsoft says, "Currently, we're developing support for the following ledgers:
Bitcoin, Ethereum (via uPort), and Sovrin
Our intention is to be chain agnostic, enabling users to choose a DID variant that runs on their preferred ledger."
(https://didproject.azurewebsites.net/docs/registration.html#:~:text=ION%20is%20a%20method%20that,registers%20DIDs%20on%20Bitcoin's%20testnet.)
I did some digging through the various AMA's that Charles did where he mentioned prism to find out what has been said, thanks to ADAtainment. Anyone else looking to update themselves can find the timestamped videos at the following link:
(https://www.adatainment.com/index.php?page=video_search_ama&query=Prism)
I would love to see some comparative analysis between the two. Of course we will have to wait until the presentation at the summit to find out information.
Can't wait!
submitted by visionahri to cardano [link] [comments]

coinbase customer care number +1(833-??-905-??-2008)

coinbase customer care number
coinbase customer care number +1(833-??-905-??-2008) generally referred to as a cryptocurrency, a virtual currency, or maybe an electronic currency - is a kind of cash that's virtual.
It's similar to an online variant of cash. You can use it to purchase services and products, though very few stores accept Bitcoin yet, and several countries have banned it entirely.
How does coinbase deliver the results?
Each coinbase it's mostly a computer file that's kept in a' digital wallet' app with a smartphone or perhaps laptop.
Individuals can send out coinbase (or maybe part of one) in your digital wallet, and also you can send coinbases to other individuals.
Every transaction is captured in a public list known as the blockchain.
It is then easy to trace the story of coinbases to prevent people from spending coins they don't wear, making copies, or maybe undo in transactions.
How can people get Coinbases ?
You will find three primary ways folks get coinbases.
• You can purchase coinbases using' real' cash.
• You can offer things and let people pay out with coinbases.
• Or they could be created using a laptop.
Just how are new Coinbases created?
For your coinbases phone system to work, people can make their laptop process transactions for everybody.
Computer systems exist, working out complicated sums. Sometimes they're rewarded with a coinbases because of the owner to hold.
Most people create powerful computers simply to try to get coinbases. This's known as mining.
But the sums are starting to be more and harder to stop way too many coinbases being generated.
In case you began mining now, it may be many years before you got one coinbases.
You might wind up spending more money on electrical power for your laptop or computer than the coinbases will be worth it.
Why are coinbases useful?
There are plenty of things other than cash, which we think about important, like diamonds and gold. The Aztecs used cocoa beans as money!
coinbases are beneficial because individuals are inclined to exchange them for actual services and goods, and even money.
Can it be sound?
Each transaction is documented publicly, so it is hard to copy coinbases, create fake ones, or even spend people you do not wear.
It's possible to lose the coinbases wallet of yours or delete the coinbases of yours and lose them indefinitely. There also have been thefts from sites that allow you to keep your coinbases remotely.
Coinbase is an electronic currency that can be used and sent out electronically.
Coinbase is a decentralized peer-to-peer network. No single person or institution controls it.
Coinbase s cannot be printed, plus their amount is exceptionally minimal - only twenty-one mln Coinbase may be produced.
Why Coinbase?
Coinbase enables you to purchase merchandise anonymously. Additionally, international payments are cheap and easy because Coinbase s aren't tied to any subject or country to regulation. Small businesses might like them because you will find no credit card charges. Some individuals purchase Coinbases being an investment, hoping that they will climb in value.
Web-based anarchists are going to have the audience think that Coinbase will overthrow fiat currency. More sensible folks believe Coinbase is a censorship-resistant, anonymous electronic currency that's devoid of seizure. Each is incorrect.
Coinbase isn't anonymous; it's personal and contains an open, immutable ledger. It allows for security as just the standard address is public, but this particular implies that exercise on the address is examinable to dissuade illegal activity.
Exactly why is coinbase a Viable Medium of Exchange?
The underlying blockchain technological innovation is created to sustain the integrity of transactions and data. The blockchain forever records confirmed transactions through a procedure referred to as mining. Each deal is digitally signed and also authenticated through cryptographic strategies that guarantee the money can't be invested much more than one time.
The financial passions of the miner avoid double-spending. Miners won't include double-spent transactions mainly because there is a threat that several other miners will reject the block of theirs; thus, they shed out on possible earnings. Double-spending is a criminal offense, and folks won't escape an immutable proof trail of the attempted theft.
submitted by Classic_Goat to u/Classic_Goat [link] [comments]

coinbase service number \\ +1(833)#[email protected] SErvice

coinbase service number SErvice
coinbase service number \\ +1(833)#[email protected] SErvice Coinbase generally referred to as a cryptocurrency, a virtual currency, or maybe an electronic currency - is a kind of cash that's virtual.
It's similar to an online variant of cash. You can use it to purchase services and products, though very few stores accept Bitcoin yet, and several countries have banned it entirely.
How does coinbase deliver the results?
Each coinbase it's mostly a computer file that's kept in a' digital wallet' app with a smartphone or perhaps laptop.
Individuals can send out coinbase (or maybe part of one) in your digital wallet, and also you can send coinbases to other individuals.
Every transaction is captured in a public list known as the blockchain.
It is then easy to trace the story of coinbases to prevent people from spending coins they don't wear, making copies, or maybe undo in transactions.
How can people get Coinbases ?
You will find three primary ways folks get coinbases.
• You can purchase coinbases using' real' cash.
• You can offer things and let people pay out with coinbases.
• Or they could be created using a laptop.
Just how are new Coinbases created?
For your coinbases phone system to work, people can make their laptop process transactions for everybody.
Computer systems exist, working out complicated sums. Sometimes they're rewarded with a coinbases because of the owner to hold.
Most people create powerful computers simply to try to get coinbases. This's known as mining.
But the sums are starting to be more and harder to stop way too many coinbases being generated.
In case you began mining now, it may be many years before you got one coinbases.
You might wind up spending more money on electrical power for your laptop or computer than the coinbases will be worth it.
Why are coinbases useful?
There are plenty of things other than cash, which we think about important, like diamonds and gold. The Aztecs used cocoa beans as money!
coinbases are beneficial because individuals are inclined to exchange them for actual services and goods, and even money.
Can it be sound?
Each transaction is documented publicly, so it is hard to copy coinbases, create fake ones, or even spend people you do not wear.
It's possible to lose the coinbases wallet of yours or delete the coinbases of yours and lose them indefinitely. There also have been thefts from sites that allow you to keep your coinbases remotely.
Coinbase is an electronic currency that can be used and sent out electronically.
Coinbase is a decentralized peer-to-peer network. No single person or institution controls it.
Coinbase s cannot be printed, plus their amount is exceptionally minimal - only twenty-one mln Coinbase may be produced.
Why Coinbase?
Coinbase enables you to purchase merchandise anonymously. Additionally, international payments are cheap and easy because Coinbase s aren't tied to any subject or country to regulation. Small businesses might like them because you will find no credit card charges. Some individuals purchase Coinbases being an investment, hoping that they will climb in value.
Web-based anarchists are going to have the audience think that Coinbase will overthrow fiat currency. More sensible folks believe Coinbase is a censorship-resistant, anonymous electronic currency that's devoid of seizure. Each is incorrect.
Coinbase isn't anonymous; it's personal and contains an open, immutable ledger. It allows for security as just the standard address is public, but this particular implies that exercise on the address is examinable to dissuade illegal activity.
Exactly why is coinbase a Viable Medium of Exchange?
The underlying blockchain technological innovation is created to sustain the integrity of transactions and data. The blockchain forever records confirmed transactions through a procedure referred to as mining. Each deal is digitally signed and also authenticated through cryptographic strategies that guarantee the money can't be invested much more than one time.
The financial passions of the miner avoid double-spending. Miners won't include double-spent transactions mainly because there is a threat that several other miners will reject the block of theirs; thus, they shed out on possible earnings. Double-spending is a criminal offense, and folks won't escape an immutable proof trail of the attempted theft.
submitted by Classic_Goat to u/Classic_Goat [link] [comments]

Bethard Casino 250 free spins no wager welcome bonus

Bethard Casino 250 free spins no wager welcome bonus

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submitted by casinogy to u/casinogy [link] [comments]

Why i’m bullish on Zilliqa (long read)

Hey all, I've been researching coins since 2017 and have gone through 100s of them in the last 3 years. I got introduced to blockchain via Bitcoin of course, analysed Ethereum thereafter and from that moment I have a keen interest in smart contact platforms. I’m passionate about Ethereum but I find Zilliqa to have a better risk reward ratio. Especially because Zilliqa has found an elegant balance between being secure, decentralised and scalable in my opinion.
 
Below I post my analysis why from all the coins I went through I’m most bullish on Zilliqa (yes I went through Tezos, EOS, NEO, VeChain, Harmony, Algorand, Cardano etc.). Note that this is not investment advice and although it's a thorough analysis there is obviously some bias involved. Looking forward to what you all think!
 
Fun fact: the name Zilliqa is a play on ‘silica’ silicon dioxide which means “Silicon for the high-throughput consensus computer.”
 
This post is divided into (i) Technology, (ii) Business & Partnerships, and (iii) Marketing & Community. I’ve tried to make the technology part readable for a broad audience. If you’ve ever tried understanding the inner workings of Bitcoin and Ethereum you should be able to grasp most parts. Otherwise just skim through and once you are zoning out head to the next part.
 
Technology and some more:
 
Introduction The technology is one of the main reasons why I’m so bullish on Zilliqa. First thing you see on their website is: “Zilliqa is a high-performance, high-security blockchain platform for enterprises and next-generation applications.” These are some bold statements.
 
Before we deep dive into the technology let’s take a step back in time first as they have quite the history. The initial research paper from which Zilliqa originated dates back to August 2016: Elastico: A Secure Sharding Protocol For Open Blockchains where Loi Luu (Kyber Network) is one of the co-authors. Other ideas that led to the development of what Zilliqa has become today are: Bitcoin-NG, collective signing CoSi, ByzCoin and Omniledger.
 
The technical white paper was made public in August 2017 and since then they have achieved everything stated in the white paper and also created their own open source intermediate level smart contract language called Scilla (functional programming language similar to OCaml) too.
 
Mainnet is live since end of January 2019 with daily transaction rate growing continuously. About a week ago mainnet reached 5 million transactions, 500.000+ addresses in total along with 2400 nodes keeping the network decentralised and secure. Circulating supply is nearing 11 billion and currently only mining rewards are left. Maximum supply is 21 billion with annual inflation being 7.13% currently and will only decrease with time.
 
Zilliqa realised early on that the usage of public cryptocurrencies and smart contracts were increasing but decentralised, secure and scalable alternatives were lacking in the crypto space. They proposed to apply sharding onto a public smart contract blockchain where the transaction rate increases almost linear with the increase in amount of nodes. More nodes = higher transaction throughput and increased decentralisation. Sharding comes in many forms and Zilliqa uses network-, transaction- and computational sharding. Network sharding opens up the possibility of using transaction- and computational sharding on top. Zilliqa does not use state sharding for now. We’ll come back to this later.
 
Before we continue disecting how Zilliqa achieves such from a technological standpoint it’s good to keep in mind that a blockchain being decentralised and secure and scalable is still one of the main hurdles in allowing widespread usage of decentralised networks. In my opinion this needs to be solved first before blockchains can get to the point where they can create and add large scale value. So I invite you to read the next section to grasp the underlying fundamentals. Because after all these premises need to be true otherwise there isn’t a fundamental case to be bullish on Zilliqa, right?
 
Down the rabbit hole
 
How have they achieved this? Let’s define the basics first: key players on Zilliqa are the users and the miners. A user is anybody who uses the blockchain to transfer funds or run smart contracts. Miners are the (shard) nodes in the network who run the consensus protocol and get rewarded for their service in Zillings (ZIL). The mining network is divided into several smaller networks called shards, which is also referred to as ‘network sharding’. Miners subsequently are randomly assigned to a shard by another set of miners called DS (Directory Service) nodes. The regular shards process transactions and the outputs of these shards are eventually combined by the DS shard as they reach consensus on the final state. More on how these DS shards reach consensus (via pBFT) will be explained later on.
 
The Zilliqa network produces two types of blocks: DS blocks and Tx blocks. One DS Block consists of 100 Tx Blocks. And as previously mentioned there are two types of nodes concerned with reaching consensus: shard nodes and DS nodes. Becoming a shard node or DS node is being defined by the result of a PoW cycle (Ethash) at the beginning of the DS Block. All candidate mining nodes compete with each other and run the PoW (Proof-of-Work) cycle for 60 seconds and the submissions achieving the highest difficulty will be allowed on the network. And to put it in perspective: the average difficulty for one DS node is ~ 2 Th/s equaling 2.000.000 Mh/s or 55 thousand+ GeForce GTX 1070 / 8 GB GPUs at 35.4 Mh/s. Each DS Block 10 new DS nodes are allowed. And a shard node needs to provide around 8.53 GH/s currently (around 240 GTX 1070s). Dual mining ETH/ETC and ZIL is possible and can be done via mining software such as Phoenix and Claymore. There are pools and if you have large amounts of hashing power (Ethash) available you could mine solo.
 
The PoW cycle of 60 seconds is a peak performance and acts as an entry ticket to the network. The entry ticket is called a sybil resistance mechanism and makes it incredibly hard for adversaries to spawn lots of identities and manipulate the network with these identities. And after every 100 Tx Blocks which corresponds to roughly 1,5 hour this PoW process repeats. In between these 1,5 hour no PoW needs to be done meaning Zilliqa’s energy consumption to keep the network secure is low. For more detailed information on how mining works click here.
Okay, hats off to you. You have made it this far. Before we go any deeper down the rabbit hole we first must understand why Zilliqa goes through all of the above technicalities and understand a bit more what a blockchain on a more fundamental level is. Because the core of Zilliqa’s consensus protocol relies on the usage of pBFT (practical Byzantine Fault Tolerance) we need to know more about state machines and their function. Navigate to Viewblock, a Zilliqa block explorer, and just come back to this article. We will use this site to navigate through a few concepts.
 
We have established that Zilliqa is a public and distributed blockchain. Meaning that everyone with an internet connection can send ZILs, trigger smart contracts etc. and there is no central authority who fully controls the network. Zilliqa and other public and distributed blockchains (like Bitcoin and Ethereum) can also be defined as state machines.
 
Taking the liberty of paraphrasing examples and definitions given by Samuel Brooks’ medium article, he describes the definition of a blockchain (like Zilliqa) as:
“A peer-to-peer, append-only datastore that uses consensus to synchronise cryptographically-secure data”.
 
Next he states that: >“blockchains are fundamentally systems for managing valid state transitions”.* For some more context, I recommend reading the whole medium article to get a better grasp of the definitions and understanding of state machines. Nevertheless, let’s try to simplify and compile it into a single paragraph. Take traffic lights as an example: all its states (red, amber and green) are predefined, all possible outcomes are known and it doesn’t matter if you encounter the traffic light today or tomorrow. It will still behave the same. Managing the states of a traffic light can be done by triggering a sensor on the road or pushing a button resulting in one traffic lights’ state going from green to red (via amber) and another light from red to green.
 
With public blockchains like Zilliqa this isn’t so straightforward and simple. It started with block #1 almost 1,5 years ago and every 45 seconds or so a new block linked to the previous block is being added. Resulting in a chain of blocks with transactions in it that everyone can verify from block #1 to the current #647.000+ block. The state is ever changing and the states it can find itself in are infinite. And while the traffic light might work together in tandem with various other traffic lights, it’s rather insignificant comparing it to a public blockchain. Because Zilliqa consists of 2400 nodes who need to work together to achieve consensus on what the latest valid state is while some of these nodes may have latency or broadcast issues, drop offline or are deliberately trying to attack the network etc.
 
Now go back to the Viewblock page take a look at the amount of transaction, addresses, block and DS height and then hit refresh. Obviously as expected you see new incremented values on one or all parameters. And how did the Zilliqa blockchain manage to transition from a previous valid state to the latest valid state? By using pBFT to reach consensus on the latest valid state.
 
After having obtained the entry ticket, miners execute pBFT to reach consensus on the ever changing state of the blockchain. pBFT requires a series of network communication between nodes, and as such there is no GPU involved (but CPU). Resulting in the total energy consumed to keep the blockchain secure, decentralised and scalable being low.
 
pBFT stands for practical Byzantine Fault Tolerance and is an optimisation on the Byzantine Fault Tolerant algorithm. To quote Blockonomi: “In the context of distributed systems, Byzantine Fault Tolerance is the ability of a distributed computer network to function as desired and correctly reach a sufficient consensus despite malicious components (nodes) of the system failing or propagating incorrect information to other peers.” Zilliqa is such a distributed computer network and depends on the honesty of the nodes (shard and DS) to reach consensus and to continuously update the state with the latest block. If pBFT is a new term for you I can highly recommend the Blockonomi article.
 
The idea of pBFT was introduced in 1999 - one of the authors even won a Turing award for it - and it is well researched and applied in various blockchains and distributed systems nowadays. If you want more advanced information than the Blockonomi link provides click here. And if you’re in between Blockonomi and University of Singapore read the Zilliqa Design Story Part 2 dating from October 2017.
Quoting from the Zilliqa tech whitepaper: “pBFT relies upon a correct leader (which is randomly selected) to begin each phase and proceed when the sufficient majority exists. In case the leader is byzantine it can stall the entire consensus protocol. To address this challenge, pBFT offers a view change protocol to replace the byzantine leader with another one.”
 
pBFT can tolerate ⅓ of the nodes being dishonest (offline counts as Byzantine = dishonest) and the consensus protocol will function without stalling or hiccups. Once there are more than ⅓ of dishonest nodes but no more than ⅔ the network will be stalled and a view change will be triggered to elect a new DS leader. Only when more than ⅔ of the nodes are dishonest (>66%) double spend attacks become possible.
 
If the network stalls no transactions can be processed and one has to wait until a new honest leader has been elected. When the mainnet was just launched and in its early phases, view changes happened regularly. As of today the last stalling of the network - and view change being triggered - was at the end of October 2019.
 
Another benefit of using pBFT for consensus besides low energy is the immediate finality it provides. Once your transaction is included in a block and the block is added to the chain it’s done. Lastly, take a look at this article where three types of finality are being defined: probabilistic, absolute and economic finality. Zilliqa falls under the absolute finality (just like Tendermint for example). Although lengthy already we skipped through some of the inner workings from Zilliqa’s consensus: read the Zilliqa Design Story Part 3 and you will be close to having a complete picture on it. Enough about PoW, sybil resistance mechanism, pBFT etc. Another thing we haven’t looked at yet is the amount of decentralisation.
 
Decentralisation
 
Currently there are four shards, each one of them consisting of 600 nodes. 1 shard with 600 so called DS nodes (Directory Service - they need to achieve a higher difficulty than shard nodes) and 1800 shard nodes of which 250 are shard guards (centralised nodes controlled by the team). The amount of shard guards has been steadily declining from 1200 in January 2019 to 250 as of May 2020. On the Viewblock statistics you can see that many of the nodes are being located in the US but those are only the (CPU parts of the) shard nodes who perform pBFT. There is no data from where the PoW sources are coming. And when the Zilliqa blockchain starts reaching their transaction capacity limit, a network upgrade needs to be executed to lift the current cap of maximum 2400 nodes to allow more nodes and formation of more shards which will allow to network to keep on scaling according to demand.
Besides shard nodes there are also seed nodes. The main role of seed nodes is to serve as direct access points (for end users and clients) to the core Zilliqa network that validates transactions. Seed nodes consolidate transaction requests and forward these to the lookup nodes (another type of nodes) for distribution to the shards in the network. Seed nodes also maintain the entire transaction history and the global state of the blockchain which is needed to provide services such as block explorers. Seed nodes in the Zilliqa network are comparable to Infura on Ethereum.
 
The seed nodes were first only operated by Zilliqa themselves, exchanges and Viewblock. Operators of seed nodes like exchanges had no incentive to open them for the greater public.They were centralised at first. Decentralisation at the seed nodes level has been steadily rolled out since March 2020 ( Zilliqa Improvement Proposal 3 ). Currently the amount of seed nodes is being increased, they are public facing and at the same time PoS is applied to incentivize seed node operators and make it possible for ZIL holders to stake and earn passive yields. Important distinction: seed nodes are not involved with consensus! That is still PoW as entry ticket and pBFT for the actual consensus.
 
5% of the block rewards are being assigned to seed nodes (from the beginning in 2019) and those are being used to pay out ZIL stakers.The 5% block rewards with an annual yield of 10.03% translates to roughly 610 MM ZILs in total that can be staked. Exchanges use the custodial variant of staking and wallets like Moonlet will use the non custodial version (starting in Q3 2020). Staking is being done by sending ZILs to a smart contract created by Zilliqa and audited by Quantstamp.
 
With a high amount of DS & shard nodes and seed nodes becoming more decentralised too, Zilliqa qualifies for the label of decentralised in my opinion.
 
Smart contracts
 
Let me start by saying I’m not a developer and my programming skills are quite limited. So I‘m taking the ELI5 route (maybe 12) but if you are familiar with Javascript, Solidity or specifically OCaml please head straight to Scilla - read the docs to get a good initial grasp of how Zilliqa’s smart contract language Scilla works and if you ask yourself “why another programming language?” check this article. And if you want to play around with some sample contracts in an IDE click here. Faucet can be found here. And more information on architecture, dapp development and API can be found on the Developer Portal.
If you are more into listening and watching: check this recent webinar explaining Zilliqa and Scilla. Link is time stamped so you’ll start right away with a platform introduction, R&D roadmap 2020 and afterwards a proper Scilla introduction.
 
Generalised: programming languages can be divided into being ‘object oriented’ or ‘functional’. Here is an ELI5 given by software development academy: > “all programmes have two basic components, data – what the programme knows – and behaviour – what the programme can do with that data. So object-oriented programming states that combining data and related behaviours in one place, is called “object”, which makes it easier to understand how a particular program works. On the other hand, functional programming argues that data and behaviour are different things and should be separated to ensure their clarity.”
 
Scilla is on the functional side and shares similarities with OCaml: > OCaml is a general purpose programming language with an emphasis on expressiveness and safety. It has an advanced type system that helps catch your mistakes without getting in your way. It's used in environments where a single mistake can cost millions and speed matters, is supported by an active community, and has a rich set of libraries and development tools. For all its power, OCaml is also pretty simple, which is one reason it's often used as a teaching language.
 
Scilla is blockchain agnostic, can be implemented onto other blockchains as well, is recognised by academics and won a so called Distinguished Artifact Award award at the end of last year.
 
One of the reasons why the Zilliqa team decided to create their own programming language focused on preventing smart contract vulnerabilities safety is that adding logic on a blockchain, programming, means that you cannot afford to make mistakes. Otherwise it could cost you. It’s all great and fun blockchains being immutable but updating your code because you found a bug isn’t the same as with a regular web application for example. And with smart contracts it inherently involves cryptocurrencies in some form thus value.
 
Another difference with programming languages on a blockchain is gas. Every transaction you do on a smart contract platform like Zilliqa for Ethereum costs gas. With gas you basically pay for computational costs. Sending a ZIL from address A to address B costs 0.001 ZIL currently. Smart contracts are more complex, often involve various functions and require more gas (if gas is a new concept click here ).
 
So with Scilla, similar to Solidity, you need to make sure that “every function in your smart contract will run as expected without hitting gas limits. An improper resource analysis may lead to situations where funds may get stuck simply because a part of the smart contract code cannot be executed due to gas limits. Such constraints are not present in traditional software systems”. Scilla design story part 1
 
Some examples of smart contract issues you’d want to avoid are: leaking funds, ‘unexpected changes to critical state variables’ (example: someone other than you setting his or her address as the owner of the smart contract after creation) or simply killing a contract.
 
Scilla also allows for formal verification. Wikipedia to the rescue:
In the context of hardware and software systems, formal verification is the act of proving or disproving the correctness of intended algorithms underlying a system with respect to a certain formal specification or property, using formal methods of mathematics.
 
Formal verification can be helpful in proving the correctness of systems such as: cryptographic protocols, combinational circuits, digital circuits with internal memory, and software expressed as source code.
 
Scilla is being developed hand-in-hand with formalization of its semantics and its embedding into the Coq proof assistant — a state-of-the art tool for mechanized proofs about properties of programs.”
 
Simply put, with Scilla and accompanying tooling developers can be mathematically sure and proof that the smart contract they’ve written does what he or she intends it to do.
 
Smart contract on a sharded environment and state sharding
 
There is one more topic I’d like to touch on: smart contract execution in a sharded environment (and what is the effect of state sharding). This is a complex topic. I’m not able to explain it any easier than what is posted here. But I will try to compress the post into something easy to digest.
 
Earlier on we have established that Zilliqa can process transactions in parallel due to network sharding. This is where the linear scalability comes from. We can define simple transactions: a transaction from address A to B (Category 1), a transaction where a user interacts with one smart contract (Category 2) and the most complex ones where triggering a transaction results in multiple smart contracts being involved (Category 3). The shards are able to process transactions on their own without interference of the other shards. With Category 1 transactions that is doable, with Category 2 transactions sometimes if that address is in the same shard as the smart contract but with Category 3 you definitely need communication between the shards. Solving that requires to make a set of communication rules the protocol needs to follow in order to process all transactions in a generalised fashion.
 
And this is where the downsides of state sharding comes in currently. All shards in Zilliqa have access to the complete state. Yes the state size (0.1 GB at the moment) grows and all of the nodes need to store it but it also means that they don’t need to shop around for information available on other shards. Requiring more communication and adding more complexity. Computer science knowledge and/or developer knowledge required links if you want to dig further: Scilla - language grammar Scilla - Foundations for Verifiable Decentralised Computations on a Blockchain Gas Accounting NUS x Zilliqa: Smart contract language workshop
 
Easier to follow links on programming Scilla https://learnscilla.com/home Ivan on Tech
 
Roadmap / Zilliqa 2.0
 
There is no strict defined roadmap but here are topics being worked on. And via the Zilliqa website there is also more information on the projects they are working on.
 
Business & Partnerships  
It’s not only technology in which Zilliqa seems to be excelling as their ecosystem has been expanding and starting to grow rapidly. The project is on a mission to provide OpenFinance (OpFi) to the world and Singapore is the right place to be due to its progressive regulations and futuristic thinking. Singapore has taken a proactive approach towards cryptocurrencies by introducing the Payment Services Act 2019 (PS Act). Among other things, the PS Act will regulate intermediaries dealing with certain cryptocurrencies, with a particular focus on consumer protection and anti-money laundering. It will also provide a stable regulatory licensing and operating framework for cryptocurrency entities, effectively covering all crypto businesses and exchanges based in Singapore. According to PWC 82% of the surveyed executives in Singapore reported blockchain initiatives underway and 13% of them have already brought the initiatives live to the market. There is also an increasing list of organisations that are starting to provide digital payment services. Moreover, Singaporean blockchain developers Building Cities Beyond has recently created an innovation $15 million grant to encourage development on its ecosystem. This all suggest that Singapore tries to position itself as (one of) the leading blockchain hubs in the world.
 
Zilliqa seems to already taking advantage of this and recently helped launch Hg Exchange on their platform, together with financial institutions PhillipCapital, PrimePartners and Fundnel. Hg Exchange, which is now approved by the Monetary Authority of Singapore (MAS), uses smart contracts to represent digital assets. Through Hg Exchange financial institutions worldwide can use Zilliqa's safe-by-design smart contracts to enable the trading of private equities. For example, think of companies such as Grab, AirBnB, SpaceX that are not available for public trading right now. Hg Exchange will allow investors to buy shares of private companies & unicorns and capture their value before an IPO. Anquan, the main company behind Zilliqa, has also recently announced that they became a partner and shareholder in TEN31 Bank, which is a fully regulated bank allowing for tokenization of assets and is aiming to bridge the gap between conventional banking and the blockchain world. If STOs, the tokenization of assets, and equity trading will continue to increase, then Zilliqa’s public blockchain would be the ideal candidate due to its strategic positioning, partnerships, regulatory compliance and the technology that is being built on top of it.
 
What is also very encouraging is their focus on banking the un(der)banked. They are launching a stablecoin basket starting with XSGD. As many of you know, stablecoins are currently mostly used for trading. However, Zilliqa is actively trying to broaden the use case of stablecoins. I recommend everybody to read this text that Amrit Kumar wrote (one of the co-founders). These stablecoins will be integrated in the traditional markets and bridge the gap between the crypto world and the traditional world. This could potentially revolutionize and legitimise the crypto space if retailers and companies will for example start to use stablecoins for payments or remittances, instead of it solely being used for trading.
 
Zilliqa also released their DeFi strategic roadmap (dating November 2019) which seems to be aligning well with their OpFi strategy. A non-custodial DEX is coming to Zilliqa made by Switcheo which allows cross-chain trading (atomic swaps) between ETH, EOS and ZIL based tokens. They also signed a Memorandum of Understanding for a (soon to be announced) USD stablecoin. And as Zilliqa is all about regulations and being compliant, I’m speculating on it to be a regulated USD stablecoin. Furthermore, XSGD is already created and visible on block explorer and XIDR (Indonesian Stablecoin) is also coming soon via StraitsX. Here also an overview of the Tech Stack for Financial Applications from September 2019. Further quoting Amrit Kumar on this:
 
There are two basic building blocks in DeFi/OpFi though: 1) stablecoins as you need a non-volatile currency to get access to this market and 2) a dex to be able to trade all these financial assets. The rest are build on top of these blocks.
 
So far, together with our partners and community, we have worked on developing these building blocks with XSGD as a stablecoin. We are working on bringing a USD-backed stablecoin as well. We will soon have a decentralised exchange developed by Switcheo. And with HGX going live, we are also venturing into the tokenization space. More to come in the future.”*
 
Additionally, they also have this ZILHive initiative that injects capital into projects. There have been already 6 waves of various teams working on infrastructure, innovation and research, and they are not from ASEAN or Singapore only but global: see Grantees breakdown by country. Over 60 project teams from over 20 countries have contributed to Zilliqa's ecosystem. This includes individuals and teams developing wallets, explorers, developer toolkits, smart contract testing frameworks, dapps, etc. As some of you may know, Unstoppable Domains (UD) blew up when they launched on Zilliqa. UD aims to replace cryptocurrency addresses with a human readable name and allows for uncensorable websites. Zilliqa will probably be the only one able to handle all these transactions onchain due to ability to scale and its resulting low fees which is why the UD team launched this on Zilliqa in the first place. Furthermore, Zilliqa also has a strong emphasis on security, compliance, and privacy, which is why they partnered with companies like Elliptic, ChainSecurity (part of PwC Switzerland), and Incognito. Their sister company Aqilliz (Zilliqa spelled backwards) focuses on revolutionizing the digital advertising space and is doing interesting things like using Zilliqa to track outdoor digital ads with companies like Foodpanda.
 
Zilliqa is listed on nearly all major exchanges, having several different fiat-gateways and recently have been added to Binance’s margin trading and futures trading with really good volume. They also have a very impressive team with good credentials and experience. They dont just have “tech people”. They have a mix of tech people, business people, marketeers, scientists, and more. Naturally, it's good to have a mix of people with different skill sets if you work in the crypto space.
 
Marketing & Community
 
Zilliqa has a very strong community. If you just follow their Twitter their engagement is much higher for a coin that has approximately 80k followers. They also have been ‘coin of the day’ by LunarCrush many times. LunarCrush tracks real-time cryptocurrency value and social data. According to their data it seems Zilliqa has a more fundamental and deeper understanding of marketing and community engagement than almost all other coins. While almost all coins have been a bit frozen in the last months, Zilliqa seems to be on its own bull run. It was somewhere in the 100s a few months ago and is currently ranked #46 on CoinGecko. Their official Telegram also has over 20k people and is very active, and their community channel which is over 7k now is more active and larger than many other official channels. Their local communities) also seem to be growing.
 
Moreover, their community started ‘Zillacracy’ together with the Zilliqa core team ( see www.zillacracy.com ). It’s a community run initiative where people from all over the world are now helping with marketing and development on Zilliqa. Since its launch in February 2020 they have been doing a lot and will also run their own non custodial seed node for staking. This seed node will also allow them to start generating revenue for them to become a self sustaining entity that could potentially scale up to become a decentralized company working in parallel with the Zilliqa core team. Comparing it to all the other smart contract platforms (e.g. Cardano, EOS, Tezos etc.) they don't seem to have started a similar initiatives (correct me if I’m wrong though). This suggest in my opinion that these other smart contract platforms do not fully understand how to utilize the ‘power of the community’. This is something you cannot ‘buy with money’ and gives many projects in the space a disadvantage.
 
Zilliqa also released two social products called SocialPay and Zeeves. SocialPay allows users to earn ZILs while tweeting with a specific hashtag. They have recently used it in partnership with the Singapore Red Cross for a marketing campaign after their initial pilot program. It seems like a very valuable social product with a good use case. I can see a lot of traditional companies entering the space through this product, which they seem to suggest will happen. Tokenizing hashtags with smart contracts to get network effect is a very smart and innovative idea.
 
Regarding Zeeves, this is a tipping bot for Telegram. They already have 1000s of signups and they plan to keep upgrading it for more and more people to use it (e.g. they recently have added a quiz features). They also use it during AMAs to reward people in real time. It’s a very smart approach to grow their communities and get familiar with ZIL. I can see this becoming very big on Telegram. This tool suggests, again, that the Zilliqa team has a deeper understanding what the crypto space and community needs and is good at finding the right innovative tools to grow and scale.
 
To be honest, I haven’t covered everything (i’m also reaching the character limited haha). So many updates happening lately that it's hard to keep up, such as the International Monetary Fund mentioning Zilliqa in their report, custodial and non-custodial Staking, Binance Margin, Futures & Widget, entering the Indian market, and more. The Head of Marketing Colin Miles has also released this as an overview of what is coming next. And last but not least, Vitalik Buterin has been mentioning Zilliqa lately acknowledging Zilliqa and mentioning that both projects have a lot of room to grow. There is much more info of course and a good part of it has been served to you on a silver platter. I invite you to continue researching by yourself :-) And if you have any comments or questions please post here!
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