Top 100 Bitcoin Downloads aller Zeiten - CHIP

Crypto Faucet I use to store my mined bitcoin on, with 4.08% APR paid daily with accounts over 30k satoshi. Referral link included, I share 50% commissions with my referrals paid every Sunday if you're interested.

My referral link for the aforementioned FREEBITCO.IN: https://freebitco.in/?r=30437643&tag=redditF
I have cross referenced this post on my site: passivecryptoguides.com
Why should you sign on with me? I'm not a one off, you can reach me personally through DM or post comments. I've done most of the leg work, alleviating the trial and error process. Just follow the steps in this guide specifically in sections 7️⃣, 8️⃣, and 9️⃣.
I share 50% commissions, get a kick back on everything you earn weekly.
I trust this site, and personally have 270$ worth of bitcoin in one account with almost 500$ total including two other accounts.
Coming from Cointiply? Well, as a heads up, you're not actually holding any BTC. I suggest what you earn you HODL in FREEBITCO.IN.
Just some abbreviation and terminology explanation before we start for those unfamiliar.
BTC=Bitcoin
USD=US Dollar
Satoshi
Click here Bitcoin price history, past and present
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POST LAYOUT
1️⃣GENERAL INFO
2️⃣POST INTENTIONS
3️⃣MY EARNINGS
4️⃣HOW DO COMMISSION REWARDS WORK?
5️⃣SOME CLAIM STATS
6️⃣MULTIPLY BITCOIN STRATS AND INFO
7️⃣AUTOMATION
8️⃣OPTIMIZATION AND USE
9️⃣STRATS TO INCREASE EARNINGS
1️⃣0️⃣ADVERTISING YOUR LINK
1️⃣1️⃣LINKS
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1️⃣GENERAL INFO1️⃣
FREEBITCO.IN can be accessed from any device with internet.
Using a VPN or a TOR is now allowed given that your account achieves certain criteria similar to a captcha free account requirements.
🛑WARNING: FREEBITCO.IN wipes inactive accounts after a certain period! If you lose interest, withdraw your BTC!
📝NOTE: iOS devices (iPad, iPhone) are restrictive. The only way to access is via website, as BitBot isn't available.📝
FREEBITCO.IN is what's called a "faucet", a site that gives a small steady stream of crypto which FREEBITCO.IN does through hourly rolls and interest accrual.
FREEBITCO.IN also hosts other means to win or earn crypto, you can gamble with Multiplier, or bet on world evens and crypto prices.
After your account reaches 30k Satoshi, you begin to collect interest. The site also offers lifetime referral commissions, explained later in this guide.
All you need to start is an email. You can add more verification options for security later on. I would highly suggest it. Use a junk email though.
2FA and MFA are strongly suggested. A password should be 15 characters long. I suggest Google Authenticator for your 2FA needs.
I know you can definitely access this site from Brave Browser with add blockers enabled. I'm sure it will work with others. Even without an ad blockers, they only advertise their site gambling and games, no 3rd party adds that I've seen. It's not too invasive or spammy either.
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2️⃣POST INTENTIONS2️⃣
This post is both an advertising platform I use, and a guide I've made to help those interested to automate and optimize earnings.
For those of a cautious mindset, I've uploaded all of FREEBITCO.IN's information on interest accrual, security, and proof of mining on Imgur, in case you're worried about visiting the site.
Transparent link here: Interest accrual structure and FREEBITCO.IN security. https://imgur.com/a/wWjQtKT
My referral link: https://freebitco.in/?r=30437643&tag=redditC2
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3️⃣MY EARNINGS3️⃣
So at this point, with hourly claims and daily interest, I'm bringing in roughly 8978 Satoshi (or .70$ USD with BTC at 7804$ USD) daily at full optimization on one account, and two other self referred accounts without lifting a finger. This is before the fact that a hourly roll (claim) can reward up to a max of 200$ USD worth of BTC (percentages in section 5️⃣).
They also have a weekly lotto (tickets awarded with every roll and referral roll) with the last 1st place winner receiving .32769156 BTC (2587$ USD at current bitcoin price).
This is also not including my current commissions on accounts not owned by me. In this post I will describe some of my strategies I've incorporated, and some insight into how this website works.
To offload or withdraw bitcoin, you're going to need what is called a "wallet". I personally use Coinbase (available on mobile or desktop) as you can sell it through here as well and easily move money to Paypal or a bank.
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4️⃣HOW DO COMMISSION REWARDS WORK?4️⃣
If you are already on FREEBITCO.IN, do you have someone who referred you? Do they share commissions? If not, why not make a new account and join me, where you'll get a return on everything you earn.
As you can see, large affiliate groups don't share anything, hoarding hundreds of thousands worth of BTC earned off their referrals
I share 50% of my commissions. I get 50% of your roll rewards, 25% of your interest, and 0.4% of your wagers. All of this is paid out by FREEBITCO.IN as a commission, so it's not pulled from your rewards or held BTC.
So the more you're active, the more you'll receive from me weekly (being active is doing anything that I get commissions from). IMPORTANT: Your (and all referrals) shares are based on activity, so if you are inactive for the week, you get a lower % for that week. If you're the most active of my referrals you get a higher percentage of what I share. This is to incentivize being active and to stop people from getting a cut without doing anything.
If you have FREEBITCO.IN automated, you don't have to worry about this. However, having a larger bankroll to earn interest, or playing Multiply BTC (I do not suggest playing unless doing so to meet auto roll requirements) will increase can your activity further.
Commission Structure
Here is some proof, I've actually shared about 2/3 of all commissions
Commissions update 12 January 2020
Here is a proof of Payment section per individual
📝NOTE: I've noticed when I was creating the images of commission sharing that the "RECENT" blocks are showing zero. If you look at totals from the first image, you can tell I'm actively sharing with all of my referrals.📝
Join my team FREEBITCO.IN
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5️⃣SOME CLAIM STATS5️⃣
You can earn AT LEAST .00000552 BTC (.048$) daily when automated (or claiming every hour on the hour) before bonuses (like using reward points to increase rewards 1000%). After some testing, it seems that this amount will always be about .048$ worth of BTC, base claim rewards no bonus active.
After .00030000 BTC, you accrue compounding interest at a rate of 4.08% APR, paid daily. As soon as your daily interest is accredited, it too starts earning interest. The daily interest rate comes out to ~0.011% of your total held BTC.
FREEBITCO.IN gives you a roll once every hour, free
📝NOTE: Roll rewards fluctuate inversely with BTC price. BTC goes down, roll rewards go up, vice versa. The BTC rewards USD value will be extremely close to the values represented below.📝
Current rewards and probability with every hourly roll.
(.002$) -> 98.85%
(.02$) -> 1.00%
(.20$) -> .08%
(2.00$) -> .04%
(20$) -> .02%
(200$) -> .01%
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6️⃣MULTIPLY BTC STRATS AND INFO6️⃣
🛑!WARNING!, NO STRATEGY IS 100%, THE MULTIPLIER GAME IS GAMBLING, YOU CAN STILL LOSE YOUR WHOLE BALANCE IF YOU PUSH YOUR LUCK.🛑
UPDATE: I decided to do some research after some odd outcomes when extensively testing some of my Multiplier strats. Turns out FREEBITCO.IN does indeed have a house advantage that isn't too transparent. Longer sessions are almost always going to come out negative. If you still plan on playing, do short sessions, once daily max, with lower amounts.
There are a couple methods to play the Multiplier with a reduced risk (but still a risk) here as well. I would suggest small play sessions.
STRAT #1
My preferred settings for AUTOROLL on MULTIPLY that I've had the best success rate with to date. (preferably with .00005000 in ACCT for best results)
BET: Minimum
ODDS: 3
ROLLS: (doesn't matter, 100)
BET ON: alternate
STOP BETTING PROFIT: .00000050, important as the bets will get exponentially higher with every loss. Win in small increments.
STOP BETTING LOSS: Set a loss limit if you want, I have mine set to .00001 and haven't reached it
ON WIN: select increase bet 0%
ON LOSS: select increase bet 65%
RANDOMIZE CLIENT SEED: yes
DO NOT REFRESH: yes
Here is a pic of the settings
Anything else doesn't matter. Make sure the boxes are checked for the above options.
With this strat, I've won positive on one account, about .000077 BTC, and I've only played 5 or 6 times, at less than 2-3 minutes of play time a session.
STRAT #2
Good for accounts with a low balance. I've had a surprising amount of luck with this method, enough so that I thought I'd post it here with an update. This could work well for accounts with less than 1k Satoshi, as a losing streak wouldn't be a huge loss. For this strat, you should have at least 189 Satoshi in your account.
BET: Minimum amount
ODDS/WIN CHANCE: 189 or %0.5
ROLLS: 189 (remains the same no matter if you bet more)
BET ON: High or Low, but not Alternate.
STOP BETTING ON PROFIT: Minimum amount, once again, you want continuous small wins
UPDATE: Conducting more tests for viability
I played these settings 10 times, I came out positive 8/10 times. In the end I was positive 433 Satoshi total with selecting "hi".
On selecting "low" I went positive 5/10 losing 525 Satoshi.
On selecting "hi" and betting 10 Satoshi, I went positive 3/10 times losing 9708 Satoshi.
On selecting "high" and betting 100 Satoshi, I never went positive, 0/10. Losing 189000 Satoshi (~15$ USD).
There does seem to be a pattern of losing more when betting more. Like anything gambling, there's probably a house advantage that's not too transparent.
Win small lose small.
Pic of these settings
STRAT #3
Another strategy I've tried is betting most of my balance once occasionally with a 94.06% chance of winning. This is, eh, alright to risk OCCASIONALLY, but a loss would set you back more than you ever made using this strategy, which happened to me, I lost about 40 USD worth of BTC after making maybe 5 USD.
THIS METHOD IS GREAT FOR MEETING NON-CAPTCHA ACCOUNT REQUIREMENTS!
Playing this in auto roll, out of 20 rolls I'd always lose at least once, putting me into the negative. Even with 10 rolls, I'd more often then not lose at least once.
Pic of these settings
There are other strats out there, such as the "Martingale", which is essentially doubling the bet amount every loss, then resetting your bet to minimum after a win to in theory "win back what you lost". At 47.5% odds of winning, I've had loss streaks that would drain my account.
My summary for Multiply, use sparingly. Don't use it as your primary means of earning. Use once or twice daily, limit play sessions to 5 minutes max.
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7️⃣AUTOMATION7️⃣
📝NOTE: FREEBITCO.IN captcha requirements seem to be tiered, with requirements for Captcha free upscaling when you BTC holding passes a certain threshold.
I'm currently testing, as is another team member (Shout out to u/SrExtreme69) , what exactly these thresholds, if holding at these thresholds increases the length of Captcha free rolls, and at what amount does FREEBITCO.IN no longer require these to be met.📝
📝NOTE: To start automating, remember to verify email and setup 2FA or the Captcha will still appear even if your account meets Captcha free requirements. Check the site occasionally as Captcha free roll requirements can change. After certain held BTC amount you don't need to renew your requirements. I haven't had to achieve new requirements in over a month.📝
📝NOTE: You may need to manually roll for a bit until the the ability to achieve a Captcha free account becomes available. It doesn't show at first.📝
📝NOTE: It's very difficult, if not impossible to automate on iOS devices.
First of all, getting to this point can be a grind, but once achieved you'll have a steady flow of BTC with options to increase earnings through rewards claims using RP. I would suggest going to your PROFILE tab on FREEBITCO.IN and disabling lottery to increase RP production when starting out. Using other apps or resources to supplement income is a good idea as well.
On the FREE BTC page, there is a blue text hyperlink with requirements that need to be met to make your account captcha free, thus allowing you to enable autoroll on extensions or apps. It has multiple ways to achieve this and they can change, so if your autoroll has stopped, check to see if these requirements have changed.
Here are the requirements. (Amounts vary)
It seems only two of these requirements need to be met.
The less risky and easiest method is to buy lottery tickets and bet with jackpots on. Even better is depositing bitcoin if you have that amount.
The POSSIBLY least expensive method is to bet both regularly and with Jackpots enabled on MULTIPLY (for higher amounts required, IMO Multiplier strat #3 works best)
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8️⃣OPTIMIZATION AND USE OF FREEBITCO.IN8️⃣
For computers
I would suggest using Firefox, as you can add functions and tools to your bar up top. One of the being a "auto roll" for FREEBITCO.IN, still requires a "captcha free" account. Turn it on and let go, check it occasionally to make sure its still going.
Autoroll firefox add-on link
My link again for ease of access
Not my preferred method, but good for a second account, as using a computer means devoting more attention to FREEBITCO.IN in an inconvenient manner if you are just starting out. After Captcha has been removed, this becomes more hands free, but not as profitable as using bitbot, as you can't autoclaim RP rewards.
I haven't tried many methods besides using Firefox addons, as I'm wary of sources or intent when it comes to 3rd party scripts or programs. If I find any trustworthy scripts or programs, I will update here.
For Mobile
🛑BITBOT WARNING, IF YOU USE BITBOT TO ACCESS FREEBITCO.IN BEFORE USING MY REFERRAL, YOU WILL BE REFERRED THROUGH BITBOT, AND THEY DON'T SHARE COMMISSIONS AS FAR AS I CAN TELL🛑 My Link again
📝NOTE: iOS devices (iPhone, iPad) do not have access to BitBot, nor do they allow extensions/add-ons on their browsers. I have not personally found a way around this. You may still access the site and manually roll.📝
I use BitBot. This is the best place to start from IMO. You can set it to notify you of rolls and gives direct access to the site from the app (you can also access the site from any device with internet). Once your account is "captcha free" you can set it to auto roll AND automatically claim rewards every 24 hours (RP increase, BTC increase, Lottery ticket Increase).
📝NOTE: Bitbot allows auto roll from the app for accounts over 500 RP. This isn't permanent, as it uses your RP. You'll need to log onto the website through a browser to achieve captch free account requirements, which Bitbot does recognize, which allow completely free rolls.📝
📝NOTE: Accessing FREEBITCO.IN through BitBot doesn't allow access to the Hi-Lo or betting games.📝
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9️⃣STRATS TO INCREASE EARNINGS9️⃣
Bitbot optimization
I started manual claims by setting roll notifications to "ON" for a while until I supplemented my BTC in FREEBITCO.IN with what I was collecting from my miner and CryptoTab. Once I was able to AUTOMATE and I had enough RP to claim the RP BONUS, I set it to do that automatically every 24 hours as this nets more RP than you spend (EG, 100 RP roll bonus costs 1200 RP, but can net 2400 RP if claimed every hour). Eventually you accrue enough RP to claim the %1000 BTC bonus, probably at a rate of once or twice a week.
My current BitBot settings now that its auto claiming, I have the 24 hour auto bonus claiming 100 RP roll bonus and 100% claim bonus, spending a total of 1520 RP, but I'm making 2400 RP with the RP bonus, leaving me 780 RP in the positive each day. Every now and then I'll stop the auto bonus claim so I can buy the 1000% claim bonus (3200 RP). So on a normal day I'll make about 1344 Satoshi. Bitbot auto bonus settings
Once your accrue more referrals, or save enough RP, it's possible to claim the 1000% BTC roll bonus multiple days in a row. This is just about as optimal as you can get for auto rolling.
Self Referrals
If you have two devices (phone and computer preferably) you can make two accounts as long as one uses a different wifi or internet connection, as the roll rewards tracks IP addresses for roll counts. So if you have 2 devices on the same network, it sudo links accounts, so if you roll on one, it restarts the timer on the other. This allows you to collect referral rewards from yourself. Effectively adding 25% of interest and 50% roll rewards.
I currently have a phone autorolling on BitBot with a computer autorolling on Firefox with a tool to roll automatically as long as the page remains open. My computer account is referred from my mobile account, and is currently bringing in an extra .000015+ BTC weekly (currently, total will be this Sunday and I will update).
I've also made another account on my partners phone, linked it with bitbot and got it auto-rolling. Once bitbot is going, its non-invasive and you can silence notifications, it also uses minimal data.
Supplementing with CryptoTab
I'll use CryptoTab on my computer 24/7 to earn BTC from that while I have FREEBITCO.IN running. I also have it running on my phone at night when I sleep and on an iPad I have that I don't use much, its server mining, so no worries about battery on mobile devices. On computers it does actually use your processing power. You can directly deposit into you FREEBITCO.IN accounts.
CryptoTab Link
I've used it for two weeks and have earned a total of .000454 BTC (3.60$ USD). Not huge, but enough to start collecting interest on FREEBITCO.IN and to get the capthca free account requirements.
Supplementing with Cointiply
🛑WARNING: Cointiply's main currency is the constant, weighted against the dollar (10,000 coin/1USD). This means your actually BTC holdings will fluctuate with BTC's price.
For this reason, it's my strong opinion that DON'T HODL in Cointiply as you're not holding actual BTC.🛑
Cointiply is a great site to earn decent amounts of COIN which translate to SAT's. Earn coin, withdraw to FREEBITCO.IN (as you actually hold BTC in cointiply).
I also use an ASIC miner (Antminer s9i, DIY liquid cooled and overclocked with BixBit firmware), and whatever I earn I'll put that into FREEBITCO.IN to collect interest. If you want, I may be willing to do a rental.
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1️⃣0️⃣ADVERTISING YOUR LINK1️⃣0️⃣
📝NOTE: Since this faucet has been around a while, many people privy to sites such as this are already signed up. So getting referrals can be a slog. My tips for your ads is be genuine and don't hard sell or post "too good to be true" sensational ads.📝
COINTIPLY
This is another faucet. Its structure is a bit different from FREEBITCO.IN, as you complete offers to earn coin. Within this site (also an app) users can earn coins by doing PTC ads (and other offers), this is a good method to get exposure as you can advertise as well. Using this method my traffic for last week as about 800 people.
13000 coins buys about 1000 "clicks" on your ads. They also have options to advertise to people based on location (these options will increase or decrease cost). After your first ad, you usually get a 10% off coupon good for 7 days as well.
You can earn this amount within a day doing surveys on Theorem. I've done surveys before, and this has to be one of the best surveys sights I've ever done. Very rarely do I get kicked out mid survey, and if I do, I still get partial pay.
I will also use "Hideout" on my computer and leave it running. It has to be the open tab on your browser, with the browser open, not minimized. Let it go and check it occasionally as it has a timeout at roughly 2-3 hrs idle. As of now this is the best passive method of earning on Cointiply.
PI NETWORK
Pi Network, an ICO (Initial coin offering) based on trust and social media is another good medium for advertising. I will usually see 15-20 people click on my link with 2-4 ads posted per day.
Just go to "chat", select "random" and post an ad in the chat channel. No charge.
My tip, keep your ads short to medium in length, don't spam.
XYO NETWORK/COIN APP
This is another crypto earned through "geo-mining". On the "coin" app you can do a "geodrop" where you can leave a note. Just click on the box with a parachute icon, select "any" on the "Tile" selection. Leave your ad in the "note" section.
It costs 10 "COIN" at the very least to do a "geodrop". This method may not be worth it if you aren't already involved in the program. To earn a substantial amount of coin, you'll need a subscription or a "sentinel". Sentinels can actually be purchased for under 20$ nowadays (depending on site) and is the best option to earn. Without these you'll only make approx .05-.18 coin every 30 seconds if you're actively moving.
My tips if you plan on advertising on this platform, once again keep it short, and only advertise around 7-9am and 4-6pm, as this will be peak mining hours with people driving to and from work.
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1️⃣1️⃣LINKS1️⃣1️⃣
My FREEBITCO.IN Referral Link
What is a Satoshi?
Bitcoins price through Coingecko
CryptoTab Link
Autoroll on Firefox
Coinbase Link
PI NETWORK
COINTIPLY
XYO NETWORK/COIN APP
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submitted by thatoneguyYMK to SpareCash [link] [comments]

Tried to use Bitcoin at a bar tonight at a Bitcoin meetup. Here is how it went.

First off, I hold more Bitcoin than any other coin.
 
I've been investing in Bitcoin since early this year and went to my first bitcoin meetup in San Francisco tonight. https://www.meetup.com/San-Francisco-Bitcoin-Social/events/245125000/
 
The description said, "the only bar in SF that accepts bitcoin at the register!"
 
I'm thinking, how is this gonna go? Can't go well, right.
 
I asked the bartendeowner if I can pay with bitcoin and he's like 'yeah, no problem'.
 
I had ordered two drinks. The bartender hands me an ipad with a bitpay QR code.
I opened up my Coinbase app that I had moved $100 into today specifically for in person payments.
 
My drinks came out to $15.50 with tip.
The Bitpay app requested 0.0012 BTC (Current price is $16,500). When I put that amount into the Coinbase app it said the USD value was $35. I couldn't figure out why it was $35. So I switched the interface to allow me to just enter a USD amount.
 
I entered $20, cause I was slightly drunk and said, oh well, I'll pay more. After I hit send I looked at the transaction and it said it was pending for $51. WTF?
I asked the ownebartender how this was gonna work since it was going to take 2hours plus.
 
He was like "2 hours? We can't wait that long, I'll just cancel and you can pay by credit card. Also , I don't want you to pay $51 for this".
 
I told him "You can't cancel, it's bitcoin. No backsies".
 
He was like "Well, Bitpay says it's canceled now".
 
And I said "Not sure its gonna come back through via Coinbase. I have no idea how this is gonna go."
The owner was super great and offered to wait or try a whole bunch of things. I said "This was mostly an experiment, take my card. Thanks for doing the bitcoin community solid.".
 
At the end of the day I have no idea if I got refunded. 2.5 hours later, Coinbase said the transaction went through. Turns out the extra $30 was transaction fees for $20 drinks.
 
Ok, this is not anything new to anyone here. But it was my first time trying to buy something at a retail store.
 
The owner was super great. He actually knew a ton about transaction fees, altcoins, bit pay and ease of use for customers. It's not an exaggeration to say he knew more about bitcoin than any other person at the meetup I talked to. (Which is weird, cause he was surprised it was gonna take 2 hours. I thought we all knew that).
He also said I was the only one to try to pay with bitcoin, which I kinda found sad. (ok, maybe everyone already knew better).
 
I knew it wasn't going to go well, but wanted to try for myself.
 
So, that brings me to: LIGHTNING NETWORK. WE NEED IT. LETS GET IT. HOW CAN I HELP. I'M A DEVELOPER, BUT HAVEN'T STARTED LEARNING BLOCKCHAIN CODING. DM AND PUT ME TO WORK LEARNING. I'LL BUILD YOU A THING.
 
Anyway, go to this bar and talk to Aaron. Super cool and will talk your ear off about bitcoin if he has the time: https://www.yelp.com/biz/stookeys-club-moderne-san-francisco
 
Here is my transaction: https://live.blockcypher.com/btc/tx/820957a6eac6ca8695dd312d90b84b6bdb5ad1b7ed8d747e3df4dc406ceaaeff/
submitted by financialdawnwall to Bitcoin [link] [comments]

Muse Protocol airdropping over $677,000 in total - STX, TRX, BTC & MUSE tokens to claim 🔥

Muse Protocol is airdropping over $677,000 in total. Earn up to $20 worth of MUSE tokens while the Top 20 bounty hunters will be rewarded with awesome prizes in the form of MUSE, TRX, and STX tokens. Also, Refer friends to join the New Internet to earn $1 in BTC for each referral.
There are more grand prizes available, like a Apple Ipad Pro and many more!
About Muse Protocol
Muse Protocol is the foundation that Muse Incorporated is built on. Muse Incorporated is a San Francisco-based blockchain development start-up that challenges the current structure of the music industry, disrupts the available market at its core, and implements a new era of listener engagement that truly places listeners up close and personal with the music they love so much.

Claim your free tokens on AirdropAlert now: https://airdropalert.com/muse-protocol-airdrop
submitted by Michabo to airdropalertcom [link] [comments]

spec shitshow #5

one of the few who still reads these?  
I don't have to be PC so let me just say it how it is:
Young naive writer https://twitter.com/AlyssaHertig gets handed narrative by the paper. Writes some stupid shit, gets paid by VC indirectly for protecting the portfolio (because IOTA is a threat to the entire portfolio). Slap a graphic on top of it. Done.
I agree that there is no "grand conspiracy" to damage the IF. It's regular business for coindesk at this point.
https://www.coindesk.com/iota-2-7-billion-cryptocurrency-developers-love-hate/
 
Attacking IOTA on a scientific level ended with self inflicted academic fraud (allegedly), exposing bad actors and destroyed reputations, while educating the IOTA community about the protocol itself. If the media didn't spin the DCI/IOTA incident, it would have been an absolute PR bloodbath for DCI. The new angle is: hurt the IF by making it look like a toxic environment for developers.
That's why month old screenshots are being digged out. This is FUD with surgical precision because developers engaging with the IOTA protocol is one of the more underrated but really fucking important factors.
Thanks to the first steps in making the IF more transparent however, we now know over that 1300+ developers/creators are part of the Ecosystem. https://ecosystem.iota.org
 
Yes, you should boycott Coindesk. No, it's not childish. You should generally avoid all bad press as it's a waste of time.
 
If the first newspaper you’ve read was on an iPad you might not know this: Serious newspapers label articles, in which the writer states his/her opinion on the topic he/she is reporting on, AS SUCH. Those are often referred to as “Opinion Pieces” or a “Comment”. However...
 
Most crypto news sites are simply a vehicle to push undisclosed native advertisement
https://en.wikipedia.org/wiki/Native_advertising
[Native advertising is a type of advertising, mostly online, that matches the form and function of the platform upon which it appears.] ...
[a clear disclosure is deemed necessary when employing native marketing strategy in order to protect the consumer from being deceived] ... [According to Federal Trade Commission, means of disclosure include visual cues, labels, and other techniques.[8]]
 
here is a good example of a native advertisement: https://www.coindesk.com/circle-adds-zcash-crypto-investment-app/
 
If a news outlet is NOT even labeling opinion pieces as such - it’s not worth your time. It will add more confusion than clarity. Because that’s what it’s designed to do.
Let's see if we can spot the difference between professional and fraud:
  1. https://www.finder.com.au/fujitsu-showcases-iota-cryptocurrency-as-new-automation-standard    
  2. https://thenextweb.com/hardfork/2018/04/28/iota-university-college-london-ucl/
see how finder.com.au is very clear about everything? Opinion and disclosure? TNW not so much...
ok, let's never talk about this again! Let's finally move on.
 
We should stay healthy skeptics towards corporate adoption. Friendly reminder the IF exists mainly to push back on corporate agendas.
For all we know, some just do it for the extra likes on twitter because of a #IOTA hashtag. Rarely do corporate SM accounts enjoy this kind of attention.
If you think i'm being anti-corporate libtardish, consider this: Industry 4.0 needs IOTA more than IOTA needs them. https://twitter.com/Schuldensuehnestatus/989738856298659841 Not only to stay competitive but also to not get hacked and shut down by “insert country”. Bosch, Fujitsu and DXC are maybe the first to realize this. SO PLEASE stop begging on social media and tweeting at Elon Musk about IOTA. It’s not a good look.
 
that being said:  
Institutional money and regulation is the hot topic right now. And most likely will be during 2018. BTC Futures showed a recent spike in Volume hinting at smart money flowing in: https://twitter.com/CryptoKinky/status/989569263383011328 (dont judge me for my resources i cant afford nice looking charts)
There are several news articles about WS traders moving to crypto and so on. Looks like things are starting to get rolling in the institutional world, as infrastructure is being set up.
Contrary to popular tinfoilery belief (aka. "The Cartel" Medium Article, that all of Bitcoin is 100% manipulated already based on future contracts), futures had relatively small volume compared to the global btc volume - most likely not important enough to justify manipulation of the entire market.
https://bitcoinaverage.com/en/bitcoin-price/btc-to-usd (global volume)
 
Even the SEC Chairman Jay Clayton stated that futures market is "quite small" in his public statement before the february hearing:
https://www.cftc.gov/PressRoom/SpeechesTestimony/opagiancarlo37
It is important to put the new Bitcoin futures market in perspective. It is quite small with open interest at the CME of 6,695 bitcoin14 and at Cboe Futures Exchange (Cboe) of 5,569 bitcoin (as of Feb. 2, 2018). At a price of approximately $7,700 per Bitcoin,15 this represents a notional amount of about $94 million.
 
If you believe in a paradigm shift, this means we are still early.
 
Recent regulatory voices and twitter drama led to this piece by https://coincenter.org/entry/no-ether-is-not-a-security
Why is this important? Companies in the US most likely are patient about making an investment into any crypto token as there is regulatory uncertainty.
DXC TECHNOLOGY COMPANY, showcased a PoC with IOTA. At Q4 in december, DXC has stated:
213 Million in Net cash provided by (used in) investing activities. https://www.sec.gov/Archives/edgadata/1688568/000168856818000007/dxc1231201710-q.htm
Just some food for thought:
If you are already spending opportunity cost on IOTA, why wouldn't you leverage that with the token. Bosch invested into the token as well, most likely because there is more regulatory certainty in germany. Fujitsu wants to roll out IOTA as an industry standard (as it seems). This is not your regular Shitcoin. There is a reason dumb money is called dumb. Last time i check Verge had 10x the volume on binance compared to IOTA.
 
There are no fundamentals yet in evaluation, it’s purely speculative - but with more institutions moving into the space this might change. As such, CCs with industrial use could likely see a reevaluation. But, looking in from the outside, there seem to be some hurdles.
this twitter account is one of the more resourceful ones, he lets out some numbers to boost his SM traction (god bless him) https://twitter.com/joel_john95
as outsiders, this will be an extremely helpful resource. He tweeted out a quarterly report https://medium.com/outlier-ventures-io/state-of-blockchains-q1-2018-1efe284572c1
he writes: Over $1.8 billion has been invested into firms working with the blockchain ecosystem through corporate venture capital to date.
That’s not that much. Is it. For the entire ecosystem? Friendly reminder snapchat, after a 20% fall, is a 15 billion company. Just to get some perspective.
 
Especially if you consider the crypto market is still in the hands of leveraged daytraders on bitmex and whales, who got big stacks in a coin early on.
Imagine you want to invest 3M into IOTA as a CVC, you would’t spin up Binance and hit marketorder. You contact the IF and see if you can buy some, or outlier ventures might want to part with some, or even the founders i imagine hold quite a substantial amount.
I often see people asking for more exchanges - that's kinda missing the point. What you want at this point is more institutional interest. That's the kind of demand we want. Thats what you would call "organic growth" i guess.
Ripple holders, thinking a coinbase listening would make XRP go to $10, fail understand that Ripple itself holds a substantial amount of tokens where VCs can go and buy in bulk. And that’s why XRP is such a Shitcoin in the first place.
 
Cool thing about open ledgers is that you can look at them. Go figure. https://arewedecentralizedyet.com/
 
Ripple and XLM look extremely bad with over 90% of coins held in the top 100 addresses (shitcoins confirmed). TRX and EOS don’t even have a mainnet yet to really track it - so you can imagine the numbers are likely shit too. ADA is looking way better than IOTA in terms of wealth distribution. But 60% for whales, IF and Founders is probably better than what most projects can show for.
Thing is, the small guys got in on crypto first. Not the banks, not a selected silicon valley investor boisclub either. While this is good for us, it's a nightmare for investment banks and such.
JPMorgan admitted that in their “BTC Bible” saying:
Ownership is highly concentrated. The opportunity set around direct CC trading appears relatively limited for banks
(Think about that for a second.)
CVC investing into the token could be, in my speculative opinion, the most likely catalyst for the price of IOTA, as its industrial adoption can build a synergy for entire sectors. As the main argument for Bitcoin is price uncorrelation to legacy assets, IOTA might be an interesting pick for the smart money, as it could be one of the few CCs with actual fundamental impact on different industry sectors. Something Blockchain, after 10 years, has failed to do.
Let me summarize because i was a bit all over the place. Things i will look for going forward:
  1. Institutional infrastructure is being built as we speak as regulations get more clear
  2. 2018 might see the highest investments into the blockchain ecosphere
  3. Financial talent from legacy market is switching to crypto
  4. Retail investors are the early adopters, not exclusive silicon valley boiclubs
  5. Liquidity is really bad, its hard to buy a lot of crypto for institutions
  6. The real FOMO and bubble might come with the “smart” money
  7. IF addressing wealth distribution and being more transparent
(i do not have a finance background as you can see and i write these to offer some interesting links and resources you might find useful in your own research.)
submitted by thatleechi to IOTAmarkets [link] [comments]

BAT Community Weekly Update: 09/14/2018 to 09/20/2018 — Partnership announcement with Civic, official BAT/Brave meetup with Brendan Eich in San Francisco, Brave to be an official sponsor of ETHSanFrancisco, Brave featured in PopularScience tweet to 1.26M followers

Welcome to this week's BAT Community Update! Big thanks to u/MurphD for his excellent contributions!
BLOG: “Civic to Offer Secure Identity Verification Services on the Brave Publisher Platform”
Civic, the global digital identity leader, and Brave, an innovative privacy browser combined with a blockchain-based digital advertising platform, will collaborate to provide Civic’s identity verification services to Brave’s verified publishers. Publishers will have the option to use Civic identity verification and other Know Your Customer (KYC) services in order to securely collect the Basic Attention Tokens (BATs) earned via the Brave browser and the BAT platform.
There are currently over 21,000 Brave-verified publishers, and 4 million monthly active users of the Brave browser. Brave users can opt to anonymously and automatically reward publisher content by donating BATs through the integrated Brave Payments system in the browser. In the future, publishers who provide their own Ethereum wallets to receive BAT payments will have the option to use Civic Reusable KYC to verify identity and ensure authenticity. Publishers will benefit from convenient, secure, and private identity verification through the Civic app.
https://brave.com/brave-civic-partnership/
 
Official BAT & Brave event with Brendan Eich (CEO) in SF (Oct. 4, 2018) leading up to ETHSanFrancisco Conference
Come meet Brendan Eich, CEO of Brave & Basic Attention Token, co-founder of Mozilla & Firefox, and creator of JavaScript at this exclusive BAT & Brave event in San Francisco with the BAT & Brave Team. Discover our mission and how you can partner with Brave for a Better Web.
https://www.meetup.com/BAT-Brave-Official-Event-in-SF-w-Brendan-Eich-CEO/
 
October 5th - 7th: BAT & Brave will be officially sponsoring ETHSanFrancisco — We will have a booth + development teams participating in the hackathon Come meet Jennie, Chris and Luke from the BAT Team + other Brave team members!
https://ethsanfrancisco.com/
 
September 21st: Presentation + Q&A with Brian Bondy, co-founder & CTO of Brave at the Bitcoin Center in Buenos Aires, Argentina
Brian R. Bondy‏ @brianbondy Brian R. Bondy Retweeted manuel beaudroit I'll be doing a presentation and Q&A on @brave and @AttentionToken at the Bitcoin Center in Buenos Aires, Argentina. Please join me on Friday while there's still space. 7:24 PM - 19 Sep 2018
https://twitter.com/brianbondy/status/1042600367182241793
 
Popular Science piece, featuring Brave
Ditch your phone's built-in web browser for these seven alternatives
https://twitter.com/PopSci/status/1041612845568417792
 
September 27th: BAT x Content Creator Workshop 1.0 in Bekasi, Indonesia
Learn to become a verified Brave publisher (website, YouTube, Twitch). Don't forget to bring your own laptop!
https://www.meetup.com/BAT-Indonesia-Community/events/254802174/
 
Medium article from fellow BAT Community member, Daniel Colin James: “The Attention Revolution: Your next browser will pay you”
You’re about to witness a movement that will make the shift from desktop to mobile look boring. Google and Facebook amass staggering amounts of money by harvesting your data and charging advertisers for your attention, but that’s going to change very soon.
The power is about to shift from the tech giants of Silicon Valley to the foot soldiers of the internet: me and you.
https://hackernoon.com/the-attention-revolution-your-next-browser-will-pay-you-b8b12399c3f7
 
Who are your top 10 Brave verified publishers and creators? #BATCommunityTop10
Earlier this week we polled the community for your list of top 10 Brave verified publishers and creators with the idea of building a community-curated list of favorites! Here’s what you came up with:
#BATCommunityTop10
  1. DuckDuckGo
  2. The Guardian
  3. Coinmarketcap
  4. Vimeo
  5. Vice
  6. Washington Post
  7. TrapNation on YouTube
  8. EvansEasyJapanese
  9. Coinmastery on YouTube
  10. TrapNation on YouTube
To become a verified publisher or creator, check out our BAT Community YouTube channel for video guides about how to verify your website, YouTube channel or Twitch channel:
https://www.youtube.com/watch?v=ZVigTSGPV7Q
Learn about how to take advantage of Brave's referral promo for publishers and content creators! Earn $5 in BAT for every new user you get to download and try Brave!:
https://www.youtube.com/watch?v=3r6dssVyK0E
 
New Instructional Videos from the BAT Community
 
“How to Report a Bug or Issue with Brave” by u/murphd
https://www.youtube.com/watch?v=e_LYtFvrvUg
“Brave Shields: How to Block Third Party Ads and Trackers on the Web” by u/cryptojennie
https://www.youtube.com/watch?v=aIKNqxf9j34&t=6s
“Enabling and Disabling Shields to Fix Websites” by u/murphd
https://www.youtube.com/watch?v=SsLq01yPwbY
 
BAT Community Merch Giveaway Winners!
The winners for our BAT Community Daily Merch Giveaways for this week are:
Monday (Reddit): u/wardaddy779
Tuesday (Twitter): @patelxyasmine
Wednesday (Facebook): Perry Gorham
Thursday (Contributor special): Rao Lin
Friday (Instagram): alex_vincent
Click here to see pics of previous giveaway winners rocking their BAT/Brave merch!:
https://imgur.com/a/lhF1G9I
Be sure to tune in to our social media channels every Monday, Tuesday and Wednesday and Friday to participate in our daily merch giveaways for your chance to win!
 

Client Updates:

Brave releases Brave Dev version v0.55.5
https://github.com/brave/brave-browsereleases/tag/v0.55.5
Brave releases Brave desktop version v0.24.0
In this released, we fixed back and forward navigation buttons animating when scrolling on macOS (#14785), disabled swipe navigation when content is horizontally scrollable (#14871), fixed notifications not being displayed on certain websites (#15124), fixed opening local files via drag and drop creates about:blank tabs (#15203) and more!
See full details here:
https://github.com/brave/browser-laptop/releases/tag/v0.24.0dev
 

Brave Team Tweets:

Not a tweet: Brendan posts on Hacker News how each user could potentially earn in just two years
I would not be surprised if our users can make $70/year as we bring the system up in 2019 -- when ad deals will be harder to come by and we'll subsidize revenue from BAT's User Growth Pool -- and climb by 2020 to above .7 * 320 or $224 net user revenue per year. See the full comment here:
https://news.ycombinator.com/item?id=18011884
Brian R. Bondy @brianbondy Tor support coming to a Brave Core Dev channel update soon. @anthonnytseng just landed the Tor feature. 25 commits, 3k+ lines. Great work! Sep 14, 2018
Over 21,000 publishers! BrendanEich ✔@BrendanEich We are paying over 21,000 publishers now. 10:06 PM - Sep 14, 2018
Eljuno of BAT Indonesia posts amazing pictures of their local Meetup!
Eljuno @eljuno_ Replying to @eljuno_ @Brave demo at #BATcafe. About Brave Payments, Verified Publishers and How to withdrawal. cc @BAT_Community @AttentionToken @lukemulks @BAT_Indonesia pic.twitter.com/7Kzve0Ydrx Sep 15, 2018
Brian Clifton, Brave engineer, reflects on switching from the Muon fork of Brave to the Chromium fork
Brian Clifton‏ @_brianclifton When I started triaging our backlog, there were almost 2,700 issues and over 60 pull requests. We're now slightly over 700 issues and pull requests are down to 14 19 Sep 2018
What about supporting Blogspot?
BrendanEich @BrendanEich We will get there. Reddit and Twitter accounts ahead, blogspot on list of UGC platforms. Sep 19, 2018
Glad to have you on board, Sampson!
Sampson | brave.com @BraveSampson Today marks 2 years at @brave. I could not imagine a more exciting way to have spent the last couple of years than alongside this great team of visionaries and engineers. 2:06 PM - Sep 19, 2018
Brave lacks a communication channel between the author and browser user… For now. :)
Hello @bobpoekert Replying to @BrendanEich @brave but what it doesn't have (and what makes patreon different from flattr) is a special communication channel between the author and the consumer. people give money to patreon because they feel a personal connection to the author & patreon optimizes for that
BrendanEich @BrendanEich We are working on that -- has to support 'nyms of course, and be opt-in for anonymity by default. 11:52 PM - Sep 19, 2018
Conlan Rios @conlan @BrendanEich random shower thought: would be cool if users could share domain(s) that they've pinned with their active monthly % allocation. The digital equivalent of a bumper sticking saying "I'm a proud supporter of radio station/newspape affiliation X".
BrendanEich @BrendanEich Yes, this and sharing bravestats (the colored numbers of blocked/upgraded on new tab page) are great ideas. Putting into mix with Product folks. 7:17 PM - Sep 18, 2018
 

BAT/Brave in the News:

As Brave Gears Up to Weaponize Privacy, Google Becomes Its Primary Target
Representatives of Brave, the Open Rights Group and University College London filed simultaneous complaints with Data Protection Authorities (DPA) in the U.K. and Ireland under GDPR rules. The concerned parties are seeking a pan-European investigation into the practices of just about every ad-tech company—Google, in particular—in a challenge that will have far-reaching implications for the media business if successful.
https://www.adweek.com/programmatic/as-brave-gears-up-to-weaponize-privacy-google-becomes-its-primary-target/
 
Popular Science Features Brave in the article “Ditch your phone's built-in web browser for these seven alternatives”
We do a lot of our web browsing through our phones: More than half of site visits originate with mobile devices. Android and iOS phones both come with default browsers made by the platform's developers. On Android, Google Chrome takes pride of place, while iPhones and iPads rely on pre-installed versions of Apple's Safari. However, these are far from your only choices. Just like your computer, your phone offers a variety of options to help you navigate the internet. We collected seven feature-packed web browsers that protect your privacy, reduce your data use, boost your speed, and more.
https://www.popsci.com/alternative-phone-browsers
 

News You Should Know:

Apple moves to thwart Facebook tracking
Facebook and other companies routinely track your online surfing habits to better target ads at you. Two web browsers now want to help you fight back in what’s becoming an escalating privacy arms race. New protections in Apple’s Safari and Mozilla’s Firefox browsers aim to prevent companies from turning “cookie” data files used to store sign-in details and preferences into broader trackers that take note of what you read, watch and research on other sites.
https://mashable.com/article/apple-safari-browser-block-facebook-cookies/
 
Uninformed Consent
Technology has advanced far beyond the browser cookies and retargeting that allow ads to follow us around the internet. Smartphones now track our physical location and proximity to other people — and, as researchers recently discovered, can even do so when we turn off location services. We can disable the tracking on our web browsers, but our digital fingerprints can still be connected across devices, enabling our identities to be sleuthed out. Home assistants like Alexa listen to our conversations and, when activated, record what we’re saying.
A growing range of everyday things — from Barbie dolls to medical devices — connect to the internet and transmit information about our movements, our behavior, our preferences, and even our health. A dominant web business model today is to amass as much data on individuals as possible and then use it or sell it — to target or persuade, reward or penalize. The internet has become a surveillance economy.
https://hbr.org/cover-story/2018/09/uninformed-consent
 

Roaring Fans:

Daniel Colin James posts a great series of tweets about Brave!
Daniel Colin James @dcwj Retweet if you’ve ever experienced this. Like if you never want to experience this again. Read this thread if you want to learn how the internet is fundamentally broken, how you’ll never have to see a terrible ad ever again, and how your next browser will pay you. Sep 18, 2018
Also, see the Medium version of his thread here: https://medium.com/@dacoja/the-attention-revolution-your-next-browser-will-pay-you-b8b12399c3f7
Reddit user NegusIsBack posts how using the Brave browser with Tor could help save $500 on a flight. See the post here: https://www.reddit.com/BATProject/comments/9gkcow/brave_browser_is_best_for_booking_flights/
Marvin Pido‏ @marvinpido Finally @brave updated to the latest Chrome design. Loving the all white UI. If you can add a dark theme, game over. 4:13 AM - 20 Sep 2018 NEULAND.‏ @NEULANDAgentur Today we test the browser @brave. Looks great! #chromium #browser #brave #neuland #agency #agencylife 20 Sep 2018
Deebs 🏈 🍺 🥓 🇺🇸‏ @DeebsFT Replying to @tcal1961 @tugboatphil and 4 others Hey, @brave! pimping your awesome browser a lot on here today. Prepare for an influx of new users! 23h23 hours ago
submitted by CryptoJennie to BATProject [link] [comments]

Sono tornato e voglio sapere tutto quello che è successo in mia assenza!

Buongiorno eccomi qui. Per anni ho avuto la fissa della tecnologia. Appena mi alzavo la mattina la prima cosa che facevo era...la pipì. Ma poi correvo a leggere tutte le news che ruotavano intorno al mondo tecnologico e quindi: slashdot, techchrunch, punto-informatico ecc...
Poi nel 2011 ho perso completamente interesse, mi sembrava che il mondo con le app si fosse appiattito e che la tecnologia intorno al mondo IT fosse meno interessante, ma forse ero solo io che avevo bisogno di staccare la spina. Ora però voglio tornare, voglio di nuovo sapere tutto ciò che sta accadendo e che è accaduto negli anni passati.
Ho voglia però di essere aggiornato. Quali sono state secondo voi le tecnologie software/hardware, i servizi e le acquisizioni più importanti degli ultimi sei anni?
Aggiornerò questo post creando una timeline man mano che ognuno di voi fornirà informazioni attraverso i commenti.
TIMELINE
submitted by ildormiglione to ItalyInformatica [link] [comments]

Safer than Smart Contract: ingenious “safe contract”

JD Finance apologized for a function on its app that stored screenshots of other programs on users’ mobile devices, sparking concern about possible online privacy breaches.
The company allowed the storage of screenshots to enable its clients to pass on images more quickly, it said in an emailed statement on Saturday. The function has now been removed and company had no access to the photos taken, it said.
A video on Weibo, China’s answer to Twitter, showed how the JD Finance app that was running in the background saved a screenshot of a banking app and appeared as a file in JD Finance’s program. It was viewed more than 2.5 million times within a day.
Chinese netizens are becoming increasingly aware of privacy issues with the websites they visit and the apps they use. Not only have numerous privacy breaches and data leaks occurred, but a large number of mobile apps available in China have also been found to collect an excessive amount of personal data, according to a report released in December.
According to messages on this post, we found many people who want to recur this “Bug”, but many people failed to do it on IOS platform, which leads us to compare the security of Android system with IOS on development of application.
Android system VS IOS system
As consumers increasingly use their mobile devices for banking, connecting on social media, and making online purchases, cybercriminals are aiming their virus and malware attacks on iPhones. Safety is our main concern, and a closed system is always more security.
Apple’s iOS operating system has long been considered the more secure of the two operating systems. Why? Apple’s operating system is a closed system. Apple doesn’t release its source code to app developers, and the owners of iPhones and iPads can't modify the code on their phones themselves. This makes it more difficult for hackers to find vulnerabilities on iOS-powered devices.
Android devices are the opposite, relying on an open-source code, meaning that the owners of these devices can tinker with their phone’s and tablet’s operating systems. Too much tinkering, and owners might create a weakness in their devices’ security. Then there are manufacturers themselves. If a phone maker puts out a new device with a modification to the Android operating system and there’s a vulnerability in that code, hackers will find it.
One of the main issues is that the end user can go into a Android device and enable the installation of software from Unknown Sources. And on Android system, most of applications are being produced without many code or product tests.
On IOS system, review process is also more stringent and it’s less likely for a malicious app to sneak into Apple’s store. That also makes the system more secure since Apple controls the complete experience.
“safe contract” platform everiToken similar to IOS system
Currently, smart contract platform is more like Android system which its applications expose some serious issues. But those applications are more valuable than the ordinary one, because token equals money.
Smart contract platform is also open source, but the application code running on it is still in the early age and has not tested by some developers. Even a simple application also needs the high-level engineers with rich experience and the code has to be tested by third party audit team, otherwise there may exist potential issues.
As the new coding language, it didn’t have strict and clear rules to tell developers how to safely build Dapp, so it is not security at present stage. Like Android system, the less strict rules give third party more space to do evil.
But, everiToken “safe contract”is much more difference, which was written on the chain after strictly code testing. Third party just call the API to develop application with high security according to strict rules and regulations. On this aspect, everiToken platform is more similar to IOS system.
Most security issues are at the application level and no one can steal a bitcoin from blockchain network. “safe contract”, liking a closed system, was written on everiToken public chain with no need to write the same code every time by third party. everyToken uses an API system which has extremely streamlined methods that are secure and leave little room for manipulation.
And in this way, application can be quickly built with less development cost and short development time(less than one week). Even everiToken is significantly more accessible to the common person who really does not need most of the functionality available to smart contract and would be better served by a safer and more secure system.
A closed system carries with high security, which is much similar to IOS system. everiToken “safe contract”is a simple to use and safe option for most purposes and common usage.
submitted by everitoken-admin to everitoken [link] [comments]

Told a friend about Bitcoin, He is a hair stylist. He now accepts bitcoin. I was his first client :)

Here is his website: http://www.extensions4hair.com/
His name is Christopher Rutman. He is a personal friend of mine.
He specializes in hair extensions and is located in the Los Angeles, CA area. No, I didn't get hair extensions, just a simple cut :) He accepts in person payments with blockchain app on ipad. He said he will accept full payment for services with bitcoin. He does want payment in USD for the products that were used (if any) on the service.
Heres the Proof! :)
http://i.imgur.com/ck6rTlk.jpg
http://i.imgur.com/5g1lscM.jpg
submitted by dirtbiker245 to Bitcoin [link] [comments]

"Ask Me Anything" session from Ubcoin CEO and COO: best questions and answers

On April, 29 the two chief members of the Ubcoin Market Team — Felix (CEO) and Stan (COO) — participated in the AMA (Ask Me Anything) session for investors of Action Chris investor pool. We present here the most interesting questions and answers from the session, shedding more light on the Ubcoin MVP and projected marketing steps and features of the platform. Ubcoin Market ICO Stage 2 in ongoing with discounts 20–44% (depending on the investment amount). We reserve the right to organise special offers and/or AMA sessions for investor pools — please contact us on official email from the website if interested.
Is there a lock on the tokens? If yes, for how long?
Yes there’s a lock for investors, but no different from other projects — we keep Token locked until ICO finishes. The team has much longer locks.
Does UBCoin have an MVP for the MarketPlace ? If YES, any chance we could see it? (Website, Screenshots)
We have payments processing systems ready and working with UBank platform. It’s certified by Visa and Mastercard’s PCI DSS certificate. That means that our system can work with super sensitive data like user bank cards and any other personal information. We are now in the process of building Ubcoin Marketplace above the Ubank processing. We are planning to show first demo investment/marketplace in the beginning of June, starting from that time — all our investors will have online access to their personal space on our website and see every step we make when developing the system. So answering your questions — yes we have even more than MVP, and we’ll show it very soon :)
HUAWEI is getting bigger & bigger on the Mobile Phone Market, how big is the chance of getting „Pre Installed Apps“ of Ubank on the devices of HUAWEI as well, because SAMSUNG you already have this kind of partnership? (Awesome by the way)
There is some info from the press releases published in various media: “Huawei, the global developer of ICT solutions, will now be releasing smartphones with the pre-installed mobile application uBank. All Huawei smartphones, including Ascend and Honor of the latest modifications, will be equipped with a payment service, CNews told uBank. Owners of Huawei smartphones with pre-installed uBank will be able to pay for goods, mobile communications, internet, television, housing and utilities and other services from both the internal account of the application and the attached bank card. With the help of the service, users can ask for a loan from a friend or transfer money, as well as repay a loan. Payment for many services in the application is made without commission”. According to uBank, Huawei is the third mobile device manufacturer, with which uBank cooperates after Samsung and Fly.
What is your Marketing Strategy going to be, to get these predestined Users on UBMarket & to get them to use UBCoin?
Ubank surveyed its current users to measure interest in Ubcoin potential product: • 84% indicated their level of interest in cryptocurrencies was “high” or “above average”; • 79% expressed interest in Ubcoin service; • 6% indicated they currently already own one or more types of cryptocurrencies; • Among current cryptocurrency owners, only 2% indicated that they experience no complications when converting crypto to fiat for further spending on goods or services it’s important to mention that pre-installation agreements with phone development companies like Samsung, Fly, Huawei and others that we are going to work with in future — are already a big part of our marketing activities. It’s also super important to underline compared to other companies in blockchain field — we have a simple product for the end user, so i’ll be also easy to deliver our message to users both who understand blockchain or are just becoming interesting in crypto.
What are your personal feelings how well UBCoin could do on the Crypto Market becoming the EBAY OF CRYPTO?
Well, Ubcoin has a huge headstart overy any competitor in this sphere with its 16m+ app downloads and strong strategic partners like Samsung and others. While Ebays of the world cannot afford to get into cryptogame due to their overcautious compliance departments and huge shareholder liability, we can. We will lead this market niche. Which means that a reasonable investor can compare existing marketplaces valuation (e.g. market cap per user, or other metrics) with our forecast and see that the value of the company is going to be in the hundreds of millions.
So when customers want to buy or sell in UBmarket how will they go about it? can they use fiat or do they need tokens UB coins or what ?
Super easy. We are giving a ebay type platform to people who wants to get into or out of crypto. Just the same way — you have an old Ipad, you take a picture of it and publish it all inside Ubcoin app. You set the price in your currency let’s say you set 200$ — we take the average market price if UBC and show the recommended amount in UBC you need to set when publishing the add let’s say it’s 200 UBC 🙂 Then on the other side there’s a buyer — who want’ to buy your iPad, as he has crypto and wants to directly get an iPad, he doesn’t want to get in fiat first. There’s a messaging functionality in out app, buyer will be able to write to seller. Then if buyer confirms — the money is blocked in his account until the deal is done.
So what happens if the buyer is unfamiliar with crypto but would be willing to buy with Fiat?
We need to separate type of users, there are two: 1. I’m not familiar with crypto, and I want to become a crypto holder. Most likely — bitcoin of Etherium holder. That’s why I use UBcoin market. I just use anything old like iPad — “ instead “ of fiat money. We do not use fiat. Then after I sell my iPad, I get UBC tokens, and then I can change them to any other currencies in seconds. 2. Second type of users, Let’s say Steve, he already holds crypto. He will also definitely not want to use fiat money. He just takes his bitcoins, change them to UBC and buy anything that he would buy if he had fiat money. But he’s not taking risk of exchanging bitcoin to fiat.
How does smart contract kicks in. For instance, buyer receive the product but not willing to pay. How seller is protected?
Smart contract requires both parties to sign off on settlement of the transaction. The platform holds buyer’s funds in escrow while goods are in transit. Once received, if the goods are not of described quality or condition, the buyer’s funds are not released to the seller. If parties fail to settle amicably on their own, then the platform provides a two-tier dispute arbitration service. First tier of arbitration consists of two selected Ubcoin users with high enough rating and relevant to the geography, product, type of sale that is in dispute. If the dispute parties are not satisfied with the user arbitration, it goes to the second-tier — a Ubcoin arbiter who is a support staff member of Ubcoin. Funds/goods are released to the party found wronged by non-performance of the other party. Guilty party’s rating on the platform is decreased. Repeat offenders are suspended for a limited time. Worst offenders are banned from the platform. User of the platform are motivated to act as arbiters by a small fee reward and increased profile/user rating for quality arbitration. High user ratings qualify the user for preferential platform fee schedule and access to more premium features of the marketplace.
Ebay is notorious in charging fees to sellers, what’s the fee structure?
We employ a freemium model… sellers get two postings per month for free. additional posting will start from 1%. premium features, like priority review, top posting, targeting, etc will have a special commission fees, but definitely not as high as any of the existing marketplaces. And sellers don’t pay visa/mc/paypal fees, so that’s also big savings for them.
This is a global market place platform, how do you work with shipping carrier? It will be very expensive to ship item from Korea to US or some other county. Is ubcoin only allowed in local transaction?
Cross-border is definitely a big option. Over 25% of transactions in marketplaces these days occur between different countries. Users will see shipping options available in the marketplace. If Alibaba and Amazon taught us anything is that cross-border shipping doesn’t mean expensive. May take a bit longer and not all goods can be shipped, but overall it’s a healthy mix of local and cross-border trade. Besides, you know that there are great price disparities between different countries for same types of goods, even with shipping it is often cheaper to buy some things in Korea or China and have them sent to Germany or the U.S. The entire transaction is settled in UBC, but if shipping is involved, the seller will the charge pay his local shipping company directly in fiat, but the price he receives for the goods is in UBC and covers estimated shipping. Our roadmap sees an open API to be released in 2019 that shipping companies can use if they want to start accepting pmt in UBC and integrate seamlessly with Ubcoin Marketplace.
Ubcoin ICO Stage 2 in ongoing with discounts 20–44% (depending on the investment amount). We keep the right to organise special offers and/or AMA sessions for investor pool — please contact us if interested.
submitted by Ubcoin to u/Ubcoin [link] [comments]

[uncensored-r/Bitcoin] Tried to use Bitcoin at a bar tonight at a Bitcoin meetup. Here is how it went.

The following post by financialdawnwall is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7l7x5u
The original post's content was as follows:
First off, I hold more Bitcoin than any other coin.
 
I've been investing in Bitcoin since early this year and went to my first bitcoin meetup in San Francisco tonight. https://www.meetup.com/San-Francisco-Bitcoin-Social/events/245125000/
 
The description said, "the only bar in SF that accepts bitcoin at the register!"
 
I'm thinking, how is this gonna go? Can't go well, right.
 
I asked the bartendeowner if I can pay with bitcoin and he's like 'yeah, no problem'.
 
I had ordered two drinks. The bartender hands me an ipad with a bitpay QR code.
I opened up my Coinbase app that I had moved $100 into today specifically for in person payments.
 
My drinks came out to $15.50 with tip.
The Bitpay app requested 0.0012 BTC (Current price is $16,500). When I put that amount into the Coinbase app it said the USD value was $35. I couldn't figure out why it was $35. So I switched the interface to allow me to just enter a USD amount.
 
I entered $20, cause I was slightly drunk and said, oh well, I'll pay more. After I hit send I looked at the transaction and it said it was pending for $51. WTF?
I asked the ownebartender how this was gonna work since it was going to take 2hours plus.
 
He was like "2 hours? We can't wait that long, I'll just cancel and you can pay by credit card. Also , I don't want you to pay $51 for this".
 
I told him "You can't cancel, it's bitcoin. No backsies".
 
He was like "Well, Bitpay says it's canceled now".
 
And I said "Not sure its gonna come back through via Coinbase. I have no idea how this is gonna go."
The owner was super great and offered to wait or try a whole bunch of things. I said "This was mostly an experiment, take my card. Thanks for doing the bitcoin community solid.".
 
At the end of the day I have no idea if I got refunded. 2.5 hours later, Coinbase said the transaction went through. Turns out the extra $30 was transaction fees for $20 drinks.
 
Ok, this is not anything new to anyone here. But it was my first time trying to buy something at a retail store.
 
The owner was super great. He actually knew a ton about transaction fees, altcoins, bit pay and ease of use for customers. It's not an exaggeration to say he knew more about bitcoin than any other person at the meetup I talked to. (Which is weird, cause he was surprised it was gonna take 2 hours. I thought we all knew that).
He also said I was the only one to try to pay with bitcoin, which I kinda found sad. (ok, maybe everyone already knew better).
 
I knew it wasn't going to go well, but wanted to try for myself.
 
So, that brings me to: LIGHTNING NETWORK. WE NEED IT. LETS GET IT. HOW CAN I HELP. I'M A DEVELOPER, BUT HAVEN'T STARTED LEARNING BLOCKCHAIN CODING. DM AND PUT ME TO WORK LEARNING. I'LL BUILD YOU A THING.
 
Anyway, go to this bar and talk to Aaron. Super cool and will talk your ear off about bitcoin if he has the time: https://www.yelp.com/biz/stookeys-club-moderne-san-francisco
 
Here is my transaction: https://live.blockcypher.com/btc/tx/820957a6eac6ca8695dd312d90b84b6bdb5ad1b7ed8d747e3df4dc406ceaaeff/
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

Aegees Messenger: Development Status and Plans

Aegees Messenger: Development Status and Plans


What is being tested, what is planned and some new ideas
Here we are again, to tell you more about Aegees Messenger and our plans to make it the most protected and convenient messenger on the market. This time, we’ll talk in more detail about the new functions we are working on and the project timeline, including testing and release plans. We’ll also share some of our ideas for the future.
Completed Development and Work in Progress
When it comes to core functions, we have already completed the development of text messaging, file exchange, audio calling, group chat and desktop versions of the app as well as a syncing solution and multiple device support – and of course, stickers!
There’s one more detail we are particularly proud to report – it was tough, but we’ve done it! The crypto container that will serve the app’s revolutionary data security component is ready too. Also, in the first half of 2018, we successfully implemented ARGON2i, a KDF algorithm that protects passwords from hacking and hashes all data that’s transferred to servers. We have also established a global server infrastructure to support our app.
The main super-task we have set for ourselves can be summed up as, “no data stored on servers and no non-encrypted data transfers”. It’s a worthy goal, but it sure did make the development process much more challenging, time-consuming and resource intensive. Even the most basic details are much harder to develop with those preconditions taken into consideration – like syncing chats on multiple devices or drafting a plain text message.
Part of our team is now focused on testing; this week, it’s audio-conferencing. This is our current priority, because even the current market leaders only say that this function is ‘coming soon’, whereas we have already developed ours and all data flows in our app will be encrypted.
https://preview.redd.it/8ul7ucpk80k11.jpg?width=826&format=pjpg&auto=webp&s=613ebc34e07e87f49ddddf15ba542e4782e58f85
Among other things, we are now trying out our ‘weak password’ testing tool and working on many system components that we are checking for iPad compatibility issues. We are also working on overall app stability and performance based on performance logs and error reports extracted from Google Play and App Store.
In other words, we are very close to the soft launch phase, and we are planning our first global product release at the end of the year. It will feature all of the functions and features that have been developed so far.
Coming Soon
We plan to use the remaining time before the end of the year to finish very many tasks, including developing a quick ‘user invite’ function and video calling. We also plan to build a file manager for the crypto container, implement support for user stickers and make sure the system is operating in at least five languages in our first release or, if time allows - twenty. Our ultimate goal is for messenger app to support 40 different languages.
As if that wasn’t enough, we’ll be working hard on our cryptocurrency tools for the app. We aim to complete the cryptocurrency transfer and exchange function, at least partially, in time for the global launch.
We have already developed the server-side element of Bitcoin transactions and by the year’s end, we plan to implement fully functional mechanisms for transfers and currency exchange operations with Bitcoin, DASH, Ether and NEM. Another item on our ‘to-do’ list is to develop a blockchain-based recording system for user transactions, because we see blockchain technology as the new standard for electronic validation.
We also plan to add more security mechanisms on top of the core security functionality we have already developed. In August, we intend to implement timed message deletion to boost privacy and user data protection. We will also design and develop facial recognition and voice biometrics authentication solutions to go with our innovative “intruder’s eye on the screen” detection system.
Because of possible crackdowns in countries where official policies will not permit products and services that guarantee its users complete anonymity, we’ve decided to develop a solution for that too. To make our app ‘block-proof’, we’re going to implement a decentralised transport infrastructure that is also on track to be completed this year.
What’s Next?
These are the four main points we will implement in the development of our product:
• Migration to the Aegees.DCI fully decentralised infrastructure;
• Boosting communication security while maintaining a user-friendly UI;
• Further development of a cryptocurrency transaction kits and the launch of our own cryptocurrency;
• Identifying and pursuing additional system integration opportunities.
We plan to complete migration to the decentralised infrastructure called, Aegees.DCI, in 2019. We will have to set up a P2P transport layer consisting of one thousand nodes and we plan to use the cjdns communication protocol.
We intend to improve our app’s primary function as a communication tool through enhancing its existing functionality and adding new options. For example, we plan to implement video conferencing and hidden chats. We are also considering an integration solution with SMS and Email messaging. Screen and theme customisation tools will also be made available in 2019.
https://preview.redd.it/7a20mfgp80k11.jpg?width=4000&format=pjpg&auto=webp&s=91aa99f267269a1468fe2644e00f5a393435311b
We will continue to work on our cryptocurrency transaction kit by expanding the list of supported currencies with a view to implementing support for thirteen cryptocurrencies by the start of 2019:
1. Bitcoin 2. Etherium 3. DASH 4. NEM 5. Monero 6. Ripple 7. Bitcoin Cash 8. EOS 9. Litecoin 10. Stelar 11. TRON 12. IOTA 13. zCash
https://preview.redd.it/l79v4lrr80k11.jpg?width=3508&format=pjpg&auto=webp&s=7cf6fd5dc0f56949d371ca65ba9f7ccca80e8c3a
Following this, we intend on developing a proprietary cryptocurrency exchange platform, launching AEGT, our own cryptocurrency and making a cryptocurrency wallet within the app available for all supported currencies.
Also in our development pipeline right now are solutions for integration with communication and trading bots and a system to equip our messenger with a media file playback applet and document viewer.
The Bottom Line
We are working every day to bring all of these plans to fruition and we’ve already completed the groundwork for many of the solutions. But now its time to step up the pace and really make things happen. So we’ll be burning the midnight oil as you stay tuned for more info!
Until next time!
submitted by AegeesMessenger to u/AegeesMessenger [link] [comments]

Aegees: Development Status and Plans

Aegees: Development Status and Plans

https://preview.redd.it/k9kzp8g079j11.jpg?width=2500&format=pjpg&auto=webp&s=2462f0eadf46bfeb7dc62ef5a9364c168c091754
What is being tested, what is in the plans, and some new ideas
Here we are again, to tell you more about Aegees, a messaging app we are developing. It will be the most protected and convenient messenger on the market. This time, we’ll talk in more detail about the new functions we are working on, and the project timeline, including testing and release plans. We’ll also share some of our ideas for the future.
Completed Development and Work in Progress
When it comes to core functions, we have already completed the development of text messaging, file exchange, audio calling, group chat and desktop versions of the app as well as a syncing solution and multiple device support – and, of course, stickers!
There’s one more detail we are particularly proud to report – it was tough, but we’ve done it! The crypto container that will serve the app’s revolutionary data security component is ready too. Also, in the first half of 2018, we successfully implemented ARGON2i, a KDF algorithm that protects passwords from hacking and hashes all data that’s transferred to servers. We have also established a global server infrastructure to support our app.
The main super-task we set for ourselves can be summed up as, “no data stored on servers and no non-encrypted data transfers”. That is a worthy goal but it did make the development process so much more challenging and time-consuming and resource-demanding. Even the most basic details are much harder to develop with those preconditions taken into consideration – like syncing chats on multiple devices or drafting a plain text message.
Part of our team is now focused on testing; this week, it’s audio-conferencing. This is our current priority because even the current market leaders only say that this function is ‘coming soon’, whereas we have already developed ours, and all data flows in our app will be encrypted.

https://preview.redd.it/oqs87r4e89j11.jpg?width=4000&format=pjpg&auto=webp&s=c12b558961f67490182021f2d0ba05de7f525c52
Among other things, we are now trying out our ‘weak password’ testing tool and working on many system components that we are checking for iPad compatibility issues. We are also working on overall app stability and performance based on performance logs and error reports extracted from Google Play and App Store.
In other words, we are very close to the soft launch phase, and we are planning our first global product release at the end of the year. It will feature all of the functions and features that have been developed so far.
Coming Soon
We plan to use the remaining time before the end of the year to finish a great many tasks, among them, developing a quick ‘user invite’ function and video calling. We also plan to build a file manager for the crypto container and to implement support for user stickers as well as for five languages in our first release or, if time allows - twenty. Our ultimate goal is for our app to support 40 different languages.
As if that wasn’t enough, we’ll be working hard on our cryptocurrency tools for the app. We aim to complete the cryptocurrency transfer and exchange function, at least partially, in time for the global launch.
We have already developed the server-side element of Bitcoin transactions and, by the year’s end, we plan to implement fully functional mechanisms for transfers and currency exchange operations with Bitcoin, DASH, Ether and NEM. Another item on our ‘to-do’ list is to develop a blockchain-based recording system for user transactions because we see block-chain technology as the new standard for electronic validation.
We also plan to add more security mechanisms on top of the core security functionality we have already developed. In August, we intend to implement timed message deletion to boost privacy and user data protection. We will go on to design and develop facial recognition and voice biometrics authentication solutions to go with our innovative “intruder’s eye on the screen” detection system.
Because of possible crackdowns in countries where official policies will not permit products and services that guarantee its users complete anonymity, we’ve decided to develop a solution for that too. To make our app ‘block-proof’, we’re going to implement a decentralised transport infrastructure, and this is also on track to be completed this year.
What’s Next?
The global release will mark the start of things to come, and we already have plenty more ideas for Aegees. These are the four main courses we plan to pursue in the future development of our product:
• Migration to the Aegees.DCI fully decentralised infrastructure;
• Boosting communication security while maintaining a user-friendly UI;
• further development of a cryptocurrency transaction kit and the launch of our own cryptocurrency;
• Identifying and pursuing additional system integration opportunities.
We plan to complete migration to the decentralised infrastructure called, Aegees.DCI, in 2019. We will have to set up a P2P transport layer consisting of one thousand nodes, and we plan to use the cjdns communication protocol.
We intend to improve our app’s primary function as a communication tool through enhancing its existing functionality and adding new options. For example, we plan to implement video conferencing and hidden chats. We are also considering an integration solution with SMS and Email messaging. Screen and theme customisation tools will also be made available in 2019.
We will continue to work on our cryptocurrency transaction kit by expanding the list of supported currencies with a view to implementing support for thirteen cryptocurrencies by the start of 2019:
1. Bitcoin
2. Etherium
  1. DASH
  2. NEM
  3. Monero
6. Ripple
7. Bitcoin Cash
8. EOS
  1. Litecoin
  2. Stelar
  3. TRON
  4. IOTA
  5. zCash

https://preview.redd.it/4zf3jf4j89j11.jpg?width=3508&format=pjpg&auto=webp&s=41ade366ef3c1d00f7fd5b4ffb0bac6d31f76638
After that, we intend to develop a proprietary cryptocurrency exchange platform, launch AEGT, our own cryptocurrency, and to make available within the app a cryptocurrency wallet for all supported currencies.
Also in our development pipeline right now are solutions for integration with communication and trading bots, and a system to equip our messenger with a media file playback applet and document viewer.
Bottomline
We are working every day to bring all these plans to fruition, and we’ve already completed the groundwork for many of these solutions. We have now decided to step up the pace. It is not always easy, but we know we can and will do it because we have already accomplished a lot.
It is crucial that we give our customers our new communication tool as soon as we can, a unique tool that will be truly secure and a pleasure to use.
submitted by Aegees to u/Aegees [link] [comments]

Cold Storage Step-by-Step Guide

Link to all my other Bitcoin Guides
NOTE: If you decide this is too complicated for you; web wallets like coinbase have an offline storage option for bitcoins that is in all likelyhood probably a totally safe and viable option for general users. If you really can't understand this, I recommend simply using their cold storage option.
Here is my step-by-step guide on Bitcoin cold storage, or at least the method I use. I recommend starting by first reading my Cold Storage Concepts Guide as otherwise you may not understand some of these steps. What we’re doing is actually very simple and straightforward, but unfortunately looks a lot more complicated than it is.
This guide is for anyone who has a large amount of bitcoins and wants to store them securely for a large amount of time, instead of relying on third party wallets like blockchain.info or coinbase.com who might be compromised down the line at some point.
Note that I use OSX and other apple devices so unfortunately this guide is biased for those using apple… please don’t flame me. Alternatives exist for everything I list here for both Windows and Linux, just post if you get stuck I’m sure someone will help you.
There are many approaches you can take to cold storage, and the methods you use will depend on the level of paranoia you have and the degree of security you need, but this method will work for around 99% of people.
I welcome any and all feedback, and I encourage anyone intending to use this to read comments below to get second opinions.
YOU WILL NEED
  1. 5 normal 6-sided Dice (note: physical dice only! Do not use software!)
  2. A trustworthy electronic device capable of using bitaddress.org (I recommend using an non-jailbroken iPad or iPhone)
  3. Download a QR reader app
  4. A copy of the Diceware password generation list, either on paper or on a separate screen
  5. Pen/pencil and relatively strong paper.
  6. Disk Utility, or other software to create encrypted drives
  7. Dropbox account, Apple’s upcoming iCloud storage, or a relatively trustworthy long term network storage
  8. A physical long term storage location, preferably in or near your house.
Some notes on requirements:
We use 5 dice minimum as otherwise it will take you forever to generate passphrases, the better quality the dice and the more you have the quicker you can make passphrases.
I recommend using iPads or iPhones because to my knowledge they are more secure than android in terms of viruses/malware (someone in the comments will no doubt correct me on this though). Alternatively you can buy a cheap laptop and brand new hard drive.
On to generating the cold storage addresses! I’ve made extra notes at the bottom for more detail.
COLD STORAGE METHOD
  1. Lock yourself in your room, gather your things and make sure no-one is going to disturb you.
  2. Get your dice and your diceware list. Roll 5 dice, look up the password and write it down. Repeat this at least 8 times to generate a passphrase for each cold storage address you want to make.
  3. Write these down on a piece of paper as clearly and neatly as you can.
  4. Take your iPad or other device and connect to the internet. Google ‘bitaddress’ and go to the top link (1).
  5. Once you have loaded the bitaddress website, disconnect from the internet.
  6. Click on the ‘brain wallet’ tab. (4)
  7. Carefully and checking it over three times, enter each of your 8 word or more diceware passphrases, and click ‘generate address’.
  8. Be careful that autocorrect didn’t change any of your diceware words
  9. Generate a further 4 or 5 word passphrase that will be used as your ‘Master Key’
  10. Take a screenshot of all of these addresses. On iOS devices this is easily done via the Home+Power buttons.
  11. Close the Bitaddress website on your device, purge your internet history, cookies, etc.
  12. On your laptop, disconnect from the internet and create an encrypted drive. Here’s how to do that in Disk Utility.
  13. Make sure this drive is password protected with your Master Key from step 8.
  14. Transfer screenshots of all of your cold storage addresses from your trusted device to the encrypted drive.
  15. Triple check this worked, then delete all screenshots from your trusted device.
  16. Use a QR reader to scan the PUBLIC addresses of all your cold storage addresses. Save these in your notes or email them to yourself (2)
  17. Unmount the encrypted drive. Take this drive and put it on your dropbox folder or other network hard drive.
  18. Reconnect to the internet on your computer and sync with dropbox or other service.
  19. Take your piece of paper with your diceware passphrases on it and store it somewhere securely (3)
  20. Go to your active bitcoin wallet, and send your bitcoins to cold storage. Congratulations, they are now secure.
Now a few things about what we did. We saved 2 copies of our cold storage private keys (the piece of paper, and the encrypted drive); this means if your whole house burns down then you still have a copy of your private keys in the cloud. If you forget your master key password, then you still have a physical copy in your house as a backup. We encrypted the drive so that anyone who gains access to your dropbox won’t be able to open it. You could even keep several copies of this encrypted drive spread over several locations and computers and it will still be safe. If anyone somehow finds your piece of paper, they will only see a list of random words and won’t necessarily know what it’s for (unless you leave detailed instructions or the word ‘bitcoin’ on it..!).
You also used diceware so your passphrases are completely random so no-one can guess them, and in fact are almost as strong as the cryptography in Bitcoin itself. Also, it was easier to write down 8 english words than a random sequence of 1-6's so there's less of a chance you wrote down your passphrases incorrectly.
To get your bitcoins out of cold storage, just scan the private key into your hot wallet, or re-generate the private keys from the diceware phrases you wrote down.
(1) this prevents you from mis-typing the address and getting a phishing page.
(2) We use a QR reader because this prevents writing the public keys down incorrectly.
(3) i.e. a safe, or inside a book in your library, on the back of a family picture that doesn’t get moved much. Spend some time thinking about how you want to approach this.
(4) You may have heard brain wallets aren't safe... this is not true. Only a non random brainwallet is unsafe (like one made from song lyrics), but since we generated our passphrases with dice they are random and the brainwallet is secure.
submitted by omen2k to BitcoinBeginners [link] [comments]

Why do we talk on reddit if we want STEEMIT to be "the one?" Different networks for different groups of people? Encryption key keeping majority away and scared? Opinions and advice needed pleeeese. ty

Just wondering. my handle on STEEMIT is wwamd and I am a Marine and a Nurse and also a father of two who is a tech nerd like most STEEMIT people. Have a custom build gaming/media server PC, [email protected], 32Gb 3k C15 DDR4, Samsung Pro 950 NVMe m.2, four HDD's in a RAID, 2 other SSD's, MSI X99A MPower motherboard and as of now a single MSI GTX 1080 Gaming X which I will SLI when I see the prices drop a little bit. Went from a Windows Phone (Lumia 930) back to Apple with the iPhone SE, iPad mini 3, PIA VPN service, built my wife's PC and also have a 43" 4k HDR TV in my bedroom next to my desk that is connected to my PC as a second screen (third actually) and also NVIDIA Shield TV (LOVE IT!) and Roku 3. Built a mining rig but haven't mined in months maybe over a year now. Sold most of the parts. Own some Bitcoin and about 50 other "alt-coins" as well as STEEM (SD) and am still confused what the difference is between STEEM, SD and Steem Power. Any users please either send me a message thru STEEM or throw a link my way if you could please. I was just curious because if you are using STEEMIT you are probably a lot like I am. Build your own PC, have mining experience, into cryptocurrency and also VPN/Tunnel IP spoofing, so I was just wondering why don't the people on reddit especially the STEEMIT people on Reddit use only STEEMIT? Or use it more than TwitteReddit/Facebook and dare I say Instagram? Is it because you have been using Reddit and Facebook/Twitter much longer so you either post on all of them or you don't think/know if STEEMIT will reach its full potential which I think it very well should based on its principles. I really liked the YouTube video of the creator, one of, explaining how it incorporates a decentralized transfer of both information in the form of posts/replies/upvotes/tokens and also of currency via the blockchain. I think personally that STEEMIT should be the official Social Media app for those who use cryptocurrency. But I also understand that not everyone you know is on STEEMIT yet or doesn't even want to type in that long-ass encrypted key. I know I got it wrong the first two times I tried delaying me for a couple weeks before reminding myself to try again. Accidentally thought a K was a k (end of the world). Since then I have some followers and have purchased some SD or STEEM, I really can't tell the difference. I need help over hea! But anyways I am going to post this over on STEEMIT too. Please upvote if you are feeling what I am saying and in the best interests of everyone involved don't flag stuff (mine) unless it will lead to the downfall of the site/project such as actual #pizzagate pics, drug deals etc. I very much appreciate you taking the time to read my post and as a former US Marine, a father of two (10yo xx/7yo xy), a Nurse, someone who has 7 post graduate degrees, I really wanted to find an outlet that I could have to impart knowledge from the Marines or about the Marines for those who want to be one or those who are curious. I want to share my experiences as a parent as well as caregiver as a Nurse and all the stress that goes with that and as a former EMT. It looks like I am a stress fanatic. Marines, Parent, Nurse, PC Gamer. A masochist at the least haha. But anyhow again my handle at STEEMIT is " wwamd " and that is an acronym for " What Would a Marine Do? ". Because hey, sometimes you want to know something about a rifle or boot camp, war or my opinions. Hope to post interesting articles about medicine and funny or serious stories about being a parent in 2016 and being 34 years old and still trying very hard to pay my school debt payments monthly while making sure the kids don't know how little savings we have. Overall I just created a reddit account because I never had one but also wanted to know what are some reasons you guys/gals are using multiple forms of "social media" platforms out there and if you would ever consider dropping say Twitter for STEEMIT while keeping Facebook for family and friends who aren't geeks like me. Do you feel STEEMIT is more of a niche social network? I mean, come on, Facebook asks for a lot of things but that encryption key was ridiculous. Wish I could have cut and pasted it. Anyhow I will end this rant now. I hope my first post wasn't a flop and in the future I fully intend to be as minimal and less redundant and overall just shorter with my posts. Thanks again for reading and hopefully I get some feedback by some STEEMers (?) and maybe even an answer as to how the hell am I supposed to set up my account like with the 0-100% thing and the 50/50 thing and the difference between STEEM, SD and Steem Power. Also what is the number besides my Avatar? ( I spent a lot of time on that avatar I hope you guys can see it.) Thank you, take care and God bless.
submitted by SgtMagusUSMC to steemit [link] [comments]

recent bitcoin crash caused by apple and mt. gox

for people who only browse this sub, there has been recent news that mt. gox has stopped all bitcoin transactions, leaving people not being able to withdraw their money. this is supposedly due to "technical issues."
in other news apple removed the last bitcoin exchange app (blockchain) from their app store, meaning people can't use their iphones or ipads to transact with bitcoin. there are already youtube videos of people smashing their iphones and moving to android alternatives.
thoughts?
submitted by on_a_quest_for_glory to dogecoin [link] [comments]

An open letter to /r/Bitcoin.

Dear /Bitcoin,
I'm a relatively old subscriber of yours, in fact if it weren't for you I wouldn't have been introduced to Bitcoin when I was. I've been here since March of last year, just before the first big price rise in April. I feel the need to mention this, since I've seen both you and Bitcoin grow as a technology and community respectively; and have, at the very least, enjoyed the ride. I fear, however, that this ride is grinding to a halt.
I'd be the first to agree that the removal of the Blockchain app by Apple was undeserved. I find the lack of communication with Blockchain.info on Apple's part to be unprofessional and unacceptable.
But you need to understand: this isn't a new development, the removal of Bitcoin related Apps has been going on for months, suddenly they remove the Blockchain app and (a number of) your subscribers go crazy, bashing perfectly good iPhones with all their might, and my question to you is: who cares?
Apple certainly doesn't. Your subscribers aren't the first people to film themselves destroying iPhones and they definitely won't be the last. Apple won't pay any mind to this: the money is already in their pocket, you can do what you want for all they care. All this only serves to damage our reputation as a community: it makes us look like childish imbeciles smashing our toys because we didn't get what we want.
More importantly: why the hell do you care? You've still got the HTML5 Wallet, this doesn't affect you in the slightest. At least, not technically. I understand your frustration, and I agree that it's justified, but this method of protest is not the way to do things.
If someone has more money than sense and wants to destroy an expensive phone for no reason, fine. I can't and won't try to stop them from burning their money, despite how much I disagree with it. If, however, this burning of one's money damages the reputation of a community that I am a part of and am passionate about, I will not hesitate to speak out against it.
I'm writing this from an iPad. The reason I'm not filming myself destroying this iPad is because it accomplishes nothing and is a waste of my time, money, and effort.
This is not the /Bitcoin I came to know and love, this is not what a technology like Bitcoin deserves, and this is not something I want to be affiliated with much longer. When something like this happens again, I cannot guarantee I won't unsubscribe.
For shame.
Thanks, //Untitled.
submitted by The_Untitled1 to Bitcoin [link] [comments]

[Table] I am Andreas M. Antonopoulos, Author of "Mastering Bitcoin" - Ask Me Almost Anything! (IamAMA AMB AMAA!)

Verified? (This bot cannot verify AMAs just yet)
Date: 2015-01-15
Link to submission (Has self-text)
Questions Answers
You had a tweet yesterday that said, "The most interesting chart in bitcoin right now, and for the next 2 weeks is the hashrate and difficulty chart" Link. If miners cannot afford the electricity, they turn off their equipment. Hashing rate falls, perhaps even precipitously. The difficulty adjust to compensate and find a new equilibrium. However, we have never seen a very large hashrate drop in bitcoin and the difficulty adjustment takes 2016 blocks to happen. A large hashrate drop may result in long block discovery times, delaying the difficulty adjustment beyond the usual two weeks. I'm monitoring those two charts (hashrate, difficulty), to see if this scenario plays out because it is the first time this might happen. This is a very big test of the bitcoin difficulty adjustment algorithm and the mining industry and it is a preview of the upcoming (2016) reward-halving event. In essence we have just had a reward halving event (in fiat value terms) that was unanticipated and unplanned. I think it will all work out well and prove the resilience of bitcoin's dynamically adjusting algorithmic regulation, but it's still the most interesting thing I am watching.
In your opinion, how important is decentralization to the future of Bitcoin? Is it in your top 10 concerns about Bitcoin? What could lead to "bad" centralization, what do we need to do to prevent that and what are the trade-offs in ensuring Bitcoin stays decentralized? De-centralization is one of the prevailing geopolitical and technological themes of this century. The fight for de-centralization of control and information is playing out on the Internet in every country in the world. It is, in my opinion, the most important fight as it will determine the freedom (or lack of) for billions of people. We are heading in a good direction overall. We have replaced kings, despots and tyrants with institutions. Now we are replacing many institutions with protocols and networks, empowering individuals. But those who benefit from centralized control over power will not sit idly by while we take away their power. They use fear and violence to exert control and deepen their power structures. They fool us into submitting to unearned authority and give up our rights and freedoms by exploiting security fears. Bitcoin is only part of the puzzle, but it is a very powerful part.
What do you think about Bitstamp and their lack of proving their reserves and liquidity? What can we do to demand transparency from our exchanges? They can't keep bitcoin offline or easily de-centralize control of keys without severely limiting their liquidity and execution time The most important thing exchanges can do is discourage the use of their accounts as wallets and discourage holding large balances unless actively trading. This of course limits their liquidity, so it is not an easy compromise.
Can you comment on the Silk Road trial? Decentralized exchanges would be best, but despite hard work from many, such a system has not been built so far.
Also, can you explain in more detail what happened with your departure from Blockchain? I cannot comment on the Silk Road Trial.
I cannot comment on my departure from Blockchain further than my published statement.
Hello Andreas, do you think it would be possible for the miners to do productive work instead of just solving hashes for artificial difficulty? Mining on an algorithm that has "dual purpose" is risky. Mining is not "non productive", it serves to secure the bitcoin network and does so very well. The risk of adding another purpose to the mining is that it introduces a price-externality, a secondary source of value that may distort the incentive structure of the consensus algorithm. For example, if you are finding primes and suddenly a new application is discovered that makes primes very valuable, then the consensus algorithm is now subject to a completely external market for prime numbers that has nothing to do with the security of that blockchain.
There are alt-coins that attempt to do this. See Curecoin, Gridcoin, Primecoin.
Since Bitcoin can be as anonymous as we want to make it, can we compromise with regulators to comply with traceability for purposes of trading with fiat? Bitcoin is weakly pseudonymous and can be traced perfectly well in targeted and warrant-based investigations. Bitcoin is somewhat resistant to wholesale and indiscriminate surveillance which is both illegal and immoral. There's no need to weaken it's privacy protections. Privacy is consumer protection and breaking privacy never serves consumers, no matter how hard they try to sell it as such. Financial privacy may be seen as a privilege in some countries but it is a matter of human liberty and life/death in dozens of countries. Bitcoin is theirs too and we can't forget that.
Why should an average user pick up bitcoin? To experience the future of money. To gain a glimpse into an exciting technology. To learn about how money could be in the future and also become aware of how limited money and banks are today.
For the "other 6 billion" who don't enjoy international, control-free banking as we do, bitcoin represents an opportunity to become part of a global economy which up till now did not exist. For those users, bitcoin is more than just a curiosity, it might be a doorway to connect to the world.
For the "other 6 billion" who don't enjoy international, control-free banking as we do, bitcoin represents an opportunity to become part of a global economy which up till now did not exist. I'm curious about what economy you mean by this. The only thing that I can think of that fits the description is darknet sites like Silk Road. What other global economy has been spawned as a result of Bitcoin? Clarification: "The opportunity" did not exist. "The global economy" is the existing one, from which a huge number of people are effectively cut-off.
Hi Andreas. How do you prepare for your speeches? I give speeches.
I've been doing public speaking for more than 20 years. At first I was shy and mediocre. I got better with practice. Nowadays, I speak at events weekly and I try out new concepts and ideas with each speech, extemporaneously. It's all improvised with 80% old content and 20% new "test" content, gradually cycling. A lot of my best ideas are off-the-cuff while I am speaking and I gauge the audience reaction and then repeat them when successful.
I really am a huge fan of your ability to represent Bitcoin and Blockchain, and your energy in doing so. But, I see you frequently make incredibly ageist statements about older people being unable to comprehend Bitcoin and the blockchain technology and their import. So, I have to ask, are you ageist? Don't you see it necessary for older people to be brought on board too? Or what? You have a great point. I was not aware that I was ageist, though I can see how my comments give that impression. I think it becomes harder for most people to absorb change, especially technological change, as they age. That means that most progress happens because young people introduce and absorb change. However, that effect is counterbalanced by the value of experience (and the risks of youthful inexperience and immaturity). I'm 43 now and I'm probably in between the two experiences. I appreciate your question and will think hard about my possible ageist bias and moderate my tone. I don't mean to dismiss or demean anyone and I apologize that I have done so. Mea culpa.
Despite the huge media attention last year at the height of the bitcoin price, using bitcoin is still way too difficult for your average economic agent. It's still far too early. Bitcoin is at the same stage as the Internet in 1992-1993. At that time, it took UNIX command-line skills to send email. No way near ready for mainstream adoption.
The volatility is still incredibly big, and as a result bitcoin still isn't accepted throughout society. Given the lack of media exposure now, where do you see bitcoin heading in a year, as a currency? However, while it took almost 20 years from the day I sent my first email until my mom used her new iPad to send her first email, bitcoin is likely to be adopted on a much more accelerated schedule. After all, there is no need to deploy much infrastructure - you can just download an app.
The book is available in its entirety on github: Link to github.com. One of my guiding principles in life is that knowledge must be shared. I am a strong support of open source. Everything I do, in every forum is released under open source licenses, usually CC-BY-SA (creativecommons.org). The book was developed on github in an open community-driven project. I still appreciate it if you buy the book, if you can afford to. Code REDDIT30 will give you a 30% discount on the O'Reilly site linked in the OP.
Perhaps a better question than the speculative "how long do you think it'll take" is "What do you think it will take increase merchant adoption?" In terms of actions, practices, legal rules. It will take time. In western developed economies, the use of bitcoin for retail shopping offers only small advantages over credit cards, while being difficult to learn, use and secure by the average user. In the developing world, bitcoin can fill a massive void of banking services but there are infrastructure, UI, device and awareness barriers. These gaps will become narrower over time.
Time...
Bitcoin is often equated by its supporters with the early internet and important innovations such as email. There are a number of cryptocurrencies based on the same blockchain scheme as bitcoin, yet people such as yourself seem to exclusively promote use of bitcoin. It is actually very difficult to bootstrap a successful currency that is necessary to back the security of the network. It took 3 years for bitcoin to evolve to a level where attacks against the consensus algorithm became very difficult.
If cyrptocurrency technology is so important, why only promote bitcoin? Supporters of the early internet did not insist that one email client or web browser dominate all communications. Is it because you and others in the bitcoin community stand to gain financially from its use? Bitcoin has a tremendous "network effect", in my opinion, which may give it an insurmountable early-mover advantage. In technology it is often not the best technology that "wins", but the one that achieves broad enough adoption and recognition early enough. Good enough beats best if deployed broadly.
Last updated: 2015-01-19 18:26 UTC
This post was generated by a robot! Send all complaints to epsy.
submitted by tabledresser to tabled [link] [comments]

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bitcoin mining/Minier app 2019 payment proof - YouTube

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