Bitcoin Energy Consumption Index - Digiconomist

HydroMiner

Bitcoin mining with hydro power. Using hydro power stations in the Alps region, we reach one of the lowest prices per kilo Watt in Europe. In fact, our cost of electricity is currently 85% lower than the average in Europe.
[link]

Bitcoin mentioned around Reddit: The cost of producing solar power is rapidly declining: it now costs $50 to produce one megawatt-hour of solar power. Coal, on the other hand, costs $102 per megawatt-hour to produce. This recent chan /r/Futurology

Bitcoin mentioned around Reddit: The cost of producing solar power is rapidly declining: it now costs $50 to produce one megawatt-hour of solar power. Coal, on the other hand, costs $102 per megawatt-hour to produce. This recent chan /Futurology submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Cost of blocking SegWit. At 3 ExaHash, 5% hash power, 15 MW. At $0.1 per kWh that's $1500 an hour. $13M, a year and to block forever /r/Bitcoin

Cost of blocking SegWit. At 3 ExaHash, 5% hash power, 15 MW. At $0.1 per kWh that's $1500 an hour. $13M, a year and to block forever /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Decentr ($DEC) - foundational cross-chain and cross-platform DeFi protocol

  1. SUMMARY
Decentr is a protocol designed to make blockchain/DLT mainstream by allowing DeFi applications built on various blockchains to “talk to each other”. Decentr is a 100% secure and decentralised Web 3.0 protocol where users can apply PDV (personal data value) to increase APR on $DEC that users loan out as part of of our DeFi dLoan features, as well as it being applied at PoS when paying for stuff online. Decentr is also building a BAT competitor browser and Chrome/Firefox extension that acts as a gateway to 100% decentralised Web 3.0
Allows DeFi Dapps to access all Decentr’s dFintech features, including dLoan, dPay. Key innovation is that the protocols is based on a user’s ability to leverage the value of their data as exchangeable “currency”.
  1. KEY CONCEPTS

  1. REVENUE MODEL
A fee is charged for every transaction using dPay whereby an exchange takes place between money (fiat and digital) and data, and vice versa, either as part of DeFi features or via a dApp built on Decentr. They are launching pilot programmes in the following industries:
  1. Banking/PSP Industry: On Product launch, due to Decentr’s powerful PSP connections (including the worlds #2 PSP by volume), a medium-scale pilot program will be launched, which will seed the network with 150,000 PSP customers in primarily the Spanish/LAC markets, generating revenue from day one.
  2. “Bricks and Mortar” Supermarket/Grocery Industry: Decentr aims to ensure the long-term competitiveness of “bricks and mortar” supermarkets against online-only grocery retailers, such as Amazon, by a) building secure tech that allows supermarkets to digitise every aspect of their supply chains and operational functions, while b) allowing supermarkets to leverage this incredibly valuable data as a liquid asset class. Expected revenue by Year 5: $114Mn per year.
  3. Online Advertising Industry: Decentr’s 100% decentralised platform credits users secure data with payable value, in the form of PDV, for engaging with ads. The Brave browser was launched in 2012 and in 8 years has reached over 12 million monthly active users, accented by as many as 4.3 million daily active users.
  4. TOKEN $DEC AND SALE
Decentr recently complete their token sale on a purchase portal powered by Dolomite where they raised $974,000 in 10 minutes for a total sale hardcap of 1.25M. The $DEC token is actively trading on multiple exchanges including Uniswap and IDEX. Listed for free on IDEX, Hotbit, Hoo, Coinw, Tidex, BKex. Listed on CoinGecko and Coinmarketcap. Listed on Delta and Blockfolio apps.
➡️ Circulating supply: 61m $DEC.
➡️ Release schedule and token distribution LINK -> NO RELEASE UNTIL 2021.
➡️Contract Address - 0x30f271C9E86D2B7d00a6376Cd96A1cFBD5F0b9b3
➡️Decimals - 18, Ticker - DEC
➡️Uniswap link: https://uniswap.info/pai0x3AEEE5bA053eF8406420DbC5801fC95eC57b0E0A
⭐️ HOW TO BUY VIDEO: https://www.youtube.com/watch?v=iloAiv2oCRc&feature=youtu.be
$DEC Token utility:
A tradeable unit of value that is both internal and external to the Decentr platform.A unit of conversion between fiat entering and exiting the Decentr ecosystem.A way to capture the value of user data and combines the activity of every participant of the platform performing payment (dPay), or lending and borrowing (dLend), i.e a way to peg PDV to tangible/actionable value.Method of payment in the Decentr ecosystem.A method to internally underwrite the “Deconomy.
  1. NOTABLE SUPPORTERS
Simon Dedic - chief of Blockfyre: https://twitter.com/scoinaldo/status/1283787644221218817?s=20https://twitter.com/scoinaldo/status/1283719917657894912?s=21
Spectre Group Pick : https://twitter.com/SPECTREGRP/status/1284761576873041920https://twitter.com/llluckyl/status/1283765481716015111?s=21
Patrons of the Moon/Lil Uzi: https://t.me/patronsofthemoon/6764
CryptoGems: https://twitter.com/cryptogems_com/status/1283719318379925506?s=09t
tehMoonwalker pick who is a TOP 5 influencer per Binance:https://twitter.com/tehMoonwalkestatus/1284123961996050432?s=20https://twitter.com/binance/status/1279049822113198080
Holochain was one of their earliest supporters and they share a deep connection (recently an AMA was conducted in their TG group): https://medium.com/@DecentrNet/decentr-holochain-ama-29d662caed03
  1. UPCOMING NEWS
--------------------------------------------
  1. RESOURCES:
Website: https://decentr.net
Telegram: https://t.me/DecentrNet
Medium: https://medium.com/@DecentrNet
Twitter: https://twitter.com/DecentrNet
Whitepaper: https://decentr.net/files/Decentr_Whitepaper_V1.4.pdf
Technical Whitepaper: https://decentr.net/files/Decentr_Technical_Whitepaper_Data_As_Economic_Currency.pdf
Recent Articles:
⚡️- https://medium.com/@DecentrNet/decentr-token-sale-metrics-and-distribution-483bb3c58d05
⚡️- https://medium.com/@DecentrNet/how-decentrs-defi-dloan-function-benefits-dec-holders-97ff64a0c105
⚡️- https://medium.com/@DecentrNet/3-vertical-revenue-streams-decentr-is-targeting-4fa1f3dd62de
⚡️- https://medium.com/@DecentrNet/brave-browser-the-good-the-bad-and-the-fundamentally-misguided-8a8593b0ff5b
⚡️- https://medium.com/@DecentrNet/how-decentrs-dfintech-replaces-swift-sct-inst-clearing-house-and-other-payment-solutions-78acacbb4c3f
Chad Gang STRONG Community: https://t.me/decentrtrading
Community News Channel: https://t.me/chadnews
Recent Uniswap trades: https://t.me/dectrades
Wallet holder tracker: https://t.me/DEC_WALLETS_COUNT
submitted by ldd999 to CryptoMoonShots [link] [comments]

Multi apartment clustered cryptocurrency mining rig

So you’ve probably just heard all your classes are online. And now you’re trying to sublet your apartment but no one’s gonna take it. So now you’re gonna be paying at least $1000/month for an empty apartment. I have a proposal that can reduce that cost and possibly turn a profit.
Firstly, we have a very high risk credit market on our hands. The Federal Reserve has been pumping money into the economy and at some point the US dollar will have to inflate while growth stagnates (aka stagflation). During stagflationary periods in the past the price of non-fiat currencies like gold or silver has skyrocketed. Recently cryptocurrencies have emerged with the same general economic properties of such commodities. Therefore we may see an increase in their values as the Fed keeps pumping more money into the economy.
As of now in order to generate enough money per month to pay off rent in South Campus Commons, each apartment would need a Bitcoin rig capable of generating ~2200 TH/s (since you don’t pay for electricity). For the Varsity and View this might have to be higher considering the cost of electricity. This is definitely possible with new ASIC chips that are solely built for the purpose of running Bitcoin hashing algorithms. For other cryptocurrencies (Ethereum, Litecoin, Dogecoin), these rates may be different. But like any good portfolio manager, diversifying our investments will ensure we have a profitable outcome.
If enough students come together to construct a Bitcoin mining rig in their apartments we could essentially create a multi apartment clustered miner to be able to generate Bitcoin. On top of that, because campus server resources will be diminished due to online classes, we can in turn utilize that computing power to help mine such cryptocurrencies. As a result we won’t have to find people to sublet our apartments to and won’t have to worry about the financial undertakings associated with it.
TL;DR: Corona collectively fucked everyone in the ass and we should build a massive Bitcoin rig to pay off our rent.
submitted by terpetrator251 to UMD [link] [comments]

I've just confirmed. We can fight against cheat makers - go after their money.

TL;DR - Paypal does not tolerate cheat sellers operating on Paypal and will quickly move to shut down their payment. In line with the thread I made (linked below), making it harder or more expensive for people to buy cheats will reduce the number of people willing to jump through hoops to cheat. This is the only way we can fight back. Instructions how to do this are below.
Last week I was looking at the inundated front-page of Warzone with nearly 100 posts per day about hackers. We as a community are fucked off with the amount of cheaters in Warzone. My post >>here<< ended up with multiple reddit awards and I had just come off chat with Paypal support after notifying them of the Paypal account for a popular cheating website.
As of today, you can no longer buy cheats on that website using Paypal, and the moderator is now taking one-on-one requests for payment.
I contacted Paypal with the following:
Paypal has responded every time by thanking me for the notification and agreeing to take action against the account.
And today after checking - they are putting their money where their mouth is. To buy cheats on this website you can only use Cryptocurrency - let me tell you, even in 2020 the act of buying Crypto is not easy.
A Warzone cheat on this site costs something like $120, let's say the cheater transfers $120 to Coinbase, oops, now that is actually $115 because of Coinbase's fee. So he puts another $5 on, well actually $6 because there will be a fee. Now he goes to buy $120 worth of Bitcoin, but the price has changed overnight so he needs to load more Bitcoin on - this is on top of registering an account and performing user verification and waiting for bank details to be confirmed.
This is a very real and effective way to fight cheaters. We can whinge to Activision all we want, but if they are taking steps they aren't going to announce it publicly, but we can fight back ourselves by preventing easy access to cheats.
Google Warzone cheats and find discords that send links around. Become a little detective. Pose as a piece of shit gentleman looking to get a competitive edge. Sign up with a fake name, fake account name, etc. Talk to moderators. Get Paypal payment links and then go straight to Paypal customer chat and just state "This [website] with this [paypal account name] is selling cheats which break the EULA and breach Copyright law, please can you take action against this account as it is in violation of Paypal's Terms of Service, thank you."
We can all post videos of hackers that take 10-20 minutes to edit, compress and upload, or we can find a cheat website, get the account information and report them.
I can guarantee that some little twat who buys cheats via Paypal is not going to go through the trouble of buying Cryptocurrency and all the legally-required KYC (Know Your Customer) that Coinbase is compelled to collect. This is the most valuable tool we have to fight cheaters. The power of snitching, lol.
EDIT: Just as a side note, I'm awaiting Coinbase's response as to whether this constitutes a break of Terms of Service on their website to sell copyrighted material. Their Terms of Services states they do, but they are famously bad at responding to customer service within 2 weeks so I need to wait. If we can cut off Paypal, Coinbase & Credit Card then short of sending cash through the post I have no idea how they would get payment. Maybe Venmo or something?
EDIT 2: This is a big one. Mastercard (one this website is trying to get back online) actively PROHIBIT and PURSUE the sale of copyrighted goods using their card services.
Whenever this dipshit cheat seller gets his Mastercard payment service running again then Mastercard will be notified and it says on their site that they can and will pass on details to law enforcement.
PAYPAL REPORTING LINK HERE
submitted by TNGSystems to CODWarzone [link] [comments]

I've just confirmed. We can fight against cheat makers - go after their money.

PLEASE NOTE, THIS IS MY POST FROM THE WARZONE SUBREDDIT, WARZONE IS GETTING INUNDATED WITH CHEATERS SIMILAR TO PUBG. I WILL TRY TO CHANGE INFO TO SUIT PUBG BUT DON'T GET BENT OUT OF SHAPE IF YOU SEE WARZONE MENTIONED :) THANKS
TL;DR - Paypal does not tolerate cheat sellers operating on Paypal and will quickly move to shut down their payment. In line with the thread I made (linked below), making it harder or more expensive for people to buy cheats will reduce the number of people willing to jump through hoops to cheat. This is the only way we can fight back. Instructions how to do this are below.
Last week I was looking at the inundated front-page of Warzone with nearly 100 posts per day about hackers. We as a community are fucked off with the amount of cheaters in Warzone. My post >>here<< ended up with multiple reddit awards and I had just come off chat with Paypal support after notifying them of the Paypal account for a popular cheating website.
As of today, you can no longer buy cheats on that website using Paypal, and the moderator is now taking one-on-one requests for payment.
I contacted Paypal with the following:
Paypal has responded every time by thanking me for the notification and agreeing to take action against the account.
And today after checking - they are putting their money where their mouth is. To buy cheats on this website you can only use Cryptocurrency - let me tell you, even in 2020 the act of buying Crypto is not easy.
A Warzone cheat on this site costs something like $120, let's say the cheater transfers $120 to Coinbase, oops, now that is actually $115 because of Coinbase's fee. So he puts another $5 on, well actually $6 because there will be a fee. Now he goes to buy $120 worth of Bitcoin, but the price has changed overnight so he needs to load more Bitcoin on - this is on top of registering an account and performing user verification and waiting for bank details to be confirmed.
This is a very real and effective way to fight cheaters. We can whinge to Activision all we want, but if they are taking steps they aren't going to announce it publicly, but we can fight back ourselves by preventing easy access to cheats.
Google Warzone cheats and find discords that send links around. Become a little detective. Pose as a piece of shit gentleman looking to get a competitive edge. Sign up with a fake name, fake account name, etc. Talk to moderators. Get Paypal payment links and then go straight to Paypal customer chat and just state "This [website] with this [paypal account name] is selling cheats which break the EULA and breach Copyright law, please can you take action against this account as it is in violation of Paypal's Terms of Service, thank you."
We can all post videos of hackers that take 10-20 minutes to edit, compress and upload, or we can find a cheat website, get the account information and report them.
I can guarantee that some little twat who buys cheats via Paypal is not going to go through the trouble of buying Cryptocurrency and all the legally-required KYC (Know Your Customer) that Coinbase is compelled to collect. This is the most valuable tool we have to fight cheaters. The power of snitching, lol.
EDIT: Just as a side note, I'm awaiting Coinbase's response as to whether this constitutes a break of Terms of Service on their website to sell copyrighted material. Their Terms of Services states they do, but they are famously bad at responding to customer service within 2 weeks so I need to wait. If we can cut off Paypal, Coinbase & Credit Card then short of sending cash through the post I have no idea how they would get payment. Maybe Venmo or something?
EDIT 2: This is a big one. Mastercard (one this website is trying to get back online) actively PROHIBIT and PURSUE the sale of copyrighted goods using their card services.
Whenever this dipshit cheat seller gets his Mastercard payment service running again then Mastercard will be notified and it says on their site that they can and will pass on details to law enforcement.
PAYPAL REPORTING LINK HERE
submitted by TNGSystems to PUBATTLEGROUNDS [link] [comments]

The future of dApp development. The end of blockchain tribalism

The future of dApp development. The end of blockchain tribalism
If you are a dApp developer this is a must read!
As all the blockchains have their advantages and disadvantages there is no blockchain which will rule them all. Each blockchain will get congested as soon there are too much “mass adoption” dApps on it, which actually getting used. One blockchain is more decentralized, another more performant.
The solution are decentralized services which are validated and 100% ONchain. A platform layer where dApps can choose what they need, without important trade-offs for their applications. And everybody who want to offer a service, can offer them as a Service Provider. The DAPP services are the new (Amazon) Web Services but decentralized, affordable and for blockchains. Today the DAPP Network counts already 35 DSP’s (DAPP Service Providers) offering 120 services (packages) and counting…
The internet of Blockchains - enabled by the universal middleware of the DAPP Network
The DAPP Network is the first solution which offers this kind of decentralized services. And with the Chintai.io DAPP Resource Exchange where developers can rent DAPP tokens for an affordable price for 30 days, they can pay monthly with a ‘pay-as-you-go” model for their resources and scale their dApps step by step. And it doesn’t make a difference if it’s a new developed dApp or if somebody want to use services for an already existing dApp. If the dApp already exists on a specific blockchain, it can stay on that blockchain and nonetheless use services or scale without tradeoffs. No need any more to change to another blockchain thanks to LiquidLink.
What do you think will happen to the crypto space when companies and big enterprises start to realize that they are independent of any specific blockchain and that they can scale/tokenize their dApps 100% ONchain to an affordable price to mass adoption without any tradeoffs?
Get/Buy DAPP tokens on Bancor.network or Newdex.io before big exchanges start to list DAPP. Today DAPP is worth 0.015$ per token. The concept is in my opinion a breakthrough! Just think about Chainlink is today around 5$ per token. And Chainlink is offering only one service (oracles) which DAPPNetwork offers.
With Zeus SDK LiquidApps.io offers an open source plug and play development platform/middleware. Github: https://github.com/liquidapps-io

Showcase LiquidOracles, LiquidAccounts, LiquidScheduler, or vRAM in your dApps and you could win a grant of up to 300,000 DAPP tokens! https://medium.com/the-liquidapps-blog/announcing-the-dapp-network-grants-program-7b104e1ce1d6
Use LiquidLink, along with the rest of the DAPP Network’s multi-chain service suite, to participate in the Great Reddit Scaling Bake-Off and you could win up to 1,000,000 DAPP tokens! https://app.voice.com/post/@zack/the-dapp-networks-reddit-scaling-bounty-1594068605-1 Team DAPP Solutions is actively engaged in the Great Reddit Scaling Bakeoff, if you have an interest in joining this initiative, reach out to http://dappsolutions.app to collaborate
If you have questions get in contact with LiquidApps team! They and Beni Hakak personally will support and help you that your dApp will stay affordable for you and have the best chance to get successful!


Working services today, offered by multiple DSP’s to choose from, 100% all ONchain, are:
LiquidLink: LiquidLink allows you to connect your dApp to assets, actions, and applications on any blockchain you want (Bitcoin, Ethereum, EOSIO chains like EOS, WAX, Worbli, Ultra, Telos, BOS, …). Working and integrated product today
LiquidX: LiquidX enables dApps to run on the blockchain of their choice and still enjoy all of the benefits of using DAPP Network services Working and integrated product today
More chains (Neo, Tron, Hyperledger, Hedera, Tezos, Cosmos, Cardano, Polkadot, Solana, ...) can/could be added as soon a dApp want to connect to them
Proofen link to Ethereum and EOSIO chains. Already integrated in CoVax and Project Phoenix.
LiquidChains: Blockchain as a Service with unprecedented customizability. Your Chain, Your Choice! LiquidChains are fast, easy, fully customizable blockchains for your project, running on the popular proof of work or proof of stake consensus mechanisms. Each LiquidChain comes out of the box with the full suite of DAPP Network services ready for use. Working and integrated product today
https://preview.redd.it/bmw3ior4y7951.png?width=649&format=png&auto=webp&s=6fee388254119a0d62b0bfd870b107b8c40c6bde
Sharding: With LiquidChains developers can now spin up feature-rich, custom shards in minutes and seamlessly connect it to a public network (if they want to.) If you’re an Ethereum developer that needs to scale right now, get in touch with the LiquidApps team about harnessing LiquidChains to create a custom shard for your dApp! Working product today
Liquid vCPU: Boundless Computational Power. With vCPU, your application can offload intense computing work to the distributed DAPP Network. Working product today
https://preview.redd.it/4e7cbwy6y7951.png?width=645&format=png&auto=webp&s=cf56a072dc8555840db7046675657a2876db6cdd
LiquidOracles: Choose from different DSP’s low latency oracle services. LiquidOracles stands out by keeping SLAs and data verification on chain, protecting you from the risks of malicious or accidental failure. Protect your data streams from being modified by malicious parties. Decentralized and trustless, without needing a separate blockchain. LiquidOracles are a more generalized and flexible solution than other oracle solutions like Chainlink. They also do not have any limitations with gas fees or block times. For example, EOS Options (on Kylin) is currently calling multiple price feeds every 15 seconds using LiquidOracles and have also tweeted recently about their plans to update their oracle feeds every 1 second. Things like that just aren’t possible on Ethereum at this time. Working and already integrated product today in eosoptions.com, Equilibrium EOSDT stablecoin and Project Phoenix
DSP's (DAPP Service Providers) could integrate Chainlink as part of their data feeds, and Chainlink could utilize the DAPP Network to gain some additional advantages. Link and DAPP are better together
LiquidScheduler: Set timed events. Free up resources when users become inactive. Schedule regular checks of data sources. Take advantage of options to make your application more resistant to unreliable providers and infrastructure failures. It’s a Cron-Like Task Scheduler Example: regularly update from oracle feed (Example all 15 seconds) Working and already integrated product today in eosoptions.com, Equilibrium EOSDT stablecoin and Project Phoenix
LiquidBrinX: Frictionless Cross-Chain Data Transfer. Now anyone can deploy a cross-blockchain token bridge to allow for asset transfers in between chains! LiquidBrinX blends together vRAM, LiquidOracles and LiquidScheduler to yield a smooth and secure interoperability solution for dApps. Proofen and working product today
LiquidAccounts: LiquidAccounts allows dApps to provide users with free accounts, created easily, by inputting simple, familiar details such as only a username and password. Eliminate onboarding difficulties with a solution that remains secure and trustless, all while being able to easily transition accounts to mainnet accounts when requested. Working and already integrated product today in dappacount.com and Project Phoenix
LiquidStorage: IPFS decentralized storage. Decentralized Storage for Files, Websites, and More. Proofen and working product today. Already integrated with Equilibrium EOSDT stablecoin and Project Phoenix
Liquid vRam: Alternative & Compatible Memory Solution. vRAM is an alternative memory solution for developers building blockchain dApps that is RAM-compatible, decentralized, and enables storing & retrieving of potentially unlimited amounts of data affordably and efficiently Working and already integrated product today with Moonlighting (700’000 users), Equilibrium EOSDT stablecoin and Project Phoenix
LiquidArchive: History API Provisioning Proofen and working product today
LiquidCrypto: LiquidCrypto service offer a whole suite of cryptographic algorithms from ECC, RSA signatures & encryptions to ZK-Snarks, Blind signatures Proofen and working product today. Already integrated in Project Phoenix
LiquidHarmony: Web/IBC/vCP/SQL Services Proofen and working product today
Liquid KMS: Key Management Service Proofen and working product today
LiquidSQL: decentralized databases. Proofen and working product today
LiquidBilling: Transaction signing service Proofen and working product today
LiquidDNS: DAPP Service Provider hosted DNS Service Proofen and working product today
LiquidLens: Read function service Proofen and working product today
LiquidRandomness: Easy, Secure Random Number Generation. Blockchains, by nature, exclude the possibility of easily obtaining truly random numbers for use in applications. As a result, numerous dApps have been gamed. Easily implement randomness without resorting to vulnerable, complex, or expensive methods Proofen and working product today
https://preview.redd.it/wvh77p7ry7951.png?width=650&format=png&auto=webp&s=6c9c5bfdbb1216e7c4585d870b9663fa60aa9858
LiquidEscrow: Today’s most successful centralized applications are popular because they are simple, trustworthy, and predictable. What if we could leverage Discord, the world’s largest internet gaming community, to bring millions of gamers a brand new experience on a platform that they already know and love? Team Onessus have harnessed the power of the DAPP network to offer these gamers something amazing: A Global Economic Esports Community, utilizing a new DAPP Network Service, which we call LiquidEscrow. Proofen and working product today
Project Phoenix (a Patreon-like dApp) is a showcase for mostly all the DAPP services and how you can use them. The code will soon be opensource on github. https://www.youtube.com/watch?v=y-VYlv73mqI

https://preview.redd.it/mpgnuppty7951.png?width=653&format=png&auto=webp&s=0e8c7de3d047a3e85b69545169a875146bcae609
#DAPPNetwork can be fast like EOSIO, it can be with sharding like Cosmos, it can be decentralized like Ethereum, it can be with IBC like BOS, it can be true multi-chain like polkadot, it can be encrypted like privacy coins (Soon maybe as well with Monero tech if PEOS project succeed and if DSP offer this services), it can be stored ONchain like Filecoin, it can use oracles like chainlink (but with low latency) – It offers TODAY what 7 blockchains or more combined would offer!


And now tell me again, whats your excuse that you are not using DAPPNetwork’s service’s and/or developing with Zeus SDK from LiquidApps.io?


Showcase LiquidOracles, LiquidAccounts, LiquidScheduler, or vRAM in your dApps and you could win a grant of up to 300,000 DAPP tokens! https://medium.com/the-liquidapps-blog/announcing-the-dapp-network-grants-program-7b104e1ce1d6
Use LiquidLink, along with the rest of the DAPP Network’s multi-chain service suite, to participate in the Great Reddit Scaling Bake-Off and you could win up to 1,000,000 DAPP tokens! https://app.voice.com/post/@zack/the-dapp-networks-reddit-scaling-bounty-1594068605-1


Become a DSP: https://liquidapps.io/becoming-a-DSP
More information about all the services: https://liquidapps.io/news
DAPP talk videos with the liquidapps team: https://liquidapps.io/videos
Articles on medium: https://medium.com/the-liquidapps-blog
LiquidApps documentation: https://docs.liquidapps.io/en/v2.0/
SDK Zeus: https://liquidapps.io/zeus
Webinars & Walkthroughs: https://liquidapps.io/walkthroughs
Zeus documentation: https://docs.liquidapps.io/en/stable/developers/zeus-getting-started.html
Telegram Developers DAPPNetwork: https://t.me/dappnetworkdevs

DAPP Solutions offer DAPP Academy and help amazing projects get to market. Freemium Resource Model: https://dappsolutions.app/
Blockstart provide training, mentorship and connect blockchain enthusiasts to the tools and funding opportunities to make their ideas come true: https://blockstart.one/

LiquidApps invites bounty hunters, EOSIO and blockchain experts and hackers to search the DAPP Network’s codebase for vulnerabilities, flaws, and imperfections for a chance to earn a portion of up to 10,000,000 DAPP tokens available for this bounty (up to 1% of the total token supply)


Projegts using DAPPNetwork today:
DAPP Solutions are scaling Reddit with DAPPNetwork scaling services and LiquidLink
dappaccount.com uses liquidaccounts
The first custom integration from DAPPAccount is with Orcanic Community Market, who are using it to create blockchain accounts for every user on the platform to tokenize their membership and rewards program.
Moonlighting (700'000 users) uses vRAM and reduce onboarding costs from $2000 to $10 a day!
CoVax uses LiquidChains and LiquidLink/LiquidX
eosoptions.com uses LiquidOracles and LiquidScheduler which updates on average every 15 seconds!
Phoenix uses mostly all LiquidServices
Equilibrium EOSDT stablecoin integrated liquidOracles, liquidScheduler, liquidStorage and liquidvRam
Maybe upcoming projects (rumors, interviews, tweets, hackathon's, maybe's) using/integrating DAPPNetwork are:
Blockstart and DAPP Solutions partnered to solve real world business problems and bring blockchain to the masses with digital Signatures Blokument using DAPPAccount
deWeb.io plans to integrate vRam and LiquidAccounts to scale, maybe using LiquidX and LiquidLink to connect to other chains and maybe using LiquidOracles and LiquidStorage for many potential deWeb online services, built by 3rd party developers or in-house (Telegram)
Bancor maybe integrates liquidOracles once they create a new pool on EOS they said on Telegram
Team Aikon is hard at work utilizing LiquidAccounts to make seamless sign-in a reality
Onessus plans to integrate LiquidChains and LiquidRandomness (Telegram) in HodlGod (Battle royale title, just like Fortnite - today running on WAX blockchain)
Hackathon project The Global Economic ESports Community & LiquidEscrow invented LiquidEscrow service
Hackathon project EOS Resource Lending on Centralized Exchange (CEX) using liquidAccounts, liquidOracles and liquidvRam
Hackathon project Liquid Galaxy Massive Multiplayer Online Role-Playing Game using liquidOracles, liquidScheduler, liquidvCPU, liquidLink
Hackathon project Rekt.Land blockchain-based board game using liquidAccounts, liquidStorage and liquidLink
Everipedia‘s maybe integrates liquidOracles for its IQ digital asset
Effect.ai project maybe become a service provider or could use DAPPAccounts in future
Vigor Project maybe integrates liquidOracles
And for sure there are many projects and ideas on development with LiquidApps team, Dapp Solutions team, Blockstarts team and others we don't know anything about yet...

Read some more interesting articles
- Who will achieve DeFi’s Holy Grail with Real-Time Gross Settlement, High Throughput and Long-Term Storage On The DAPP Network
- How could the DAPP Network evolve the Multi-Billion Cloud Computing Industry
- How DAPPNetwork will create distributed hubs of functionality, liquidity, and data across multiple decentralized networks - DAPP Network Is the perfect glue between chains
submitted by CryptoDae to CryptoCurrencies [link] [comments]

The future of dApp development. The end of blockchain tribalism

The future of dApp development. The end of blockchain tribalism
If you are a dApp developer this is a must read!
As all the blockchains have their advantages and disadvantages there is no blockchain which will rule them all. Each blockchain will get congested as soon there are too much “mass adoption” dApps on it, which actually getting used. One blockchain is more decentralized, another more performant.
The solution are decentralized services which are validated and 100% ONchain. A platform layer where dApps can choose what they need, without important trade-offs for their applications. And everybody who want to offer a service, can offer them as a Service Provider. The DAPP services are the new (Amazon) Web Services but decentralized, affordable and for blockchains. Today the DAPP Network counts already 35 DSP’s (DAPP Service Providers) offering 120 services (packages) and counting…
The Internet of Blockchains - Enabled by the Universal Middleware of the DAPP Network
The DAPP Network is the first solution which offers this kind of decentralized services. And with the Chintai.io DAPP Resource Exchange where developers can rent DAPP tokens for an affordable price for 30 days, they can pay monthly with a ‘pay-as-you-go” model for their resources and scale their dApps step by step. And it doesn’t make a difference if it’s a new developed dApp or if somebody want to use services for an already existing dApp. If the dApp already exists on a specific blockchain, it can stay on that blockchain and nonetheless use services or scale without tradeoffs. No need any more to change to another blockchain thanks to LiquidLink.
What do you think will happen to the crypto space when companies and big enterprises start to realize that they are independent of any specific blockchain and that they can scale/tokenize their dApps 100% ONchain to an affordable price to mass adoption without any tradeoffs?
Get/Buy DAPP tokens on Bancor.network or Newdex.io before big exchanges start to list DAPP. Today DAPP is worth 0.015$ per token. The concept is in my opinion a breakthrough! Just think about Chainlink is today around 5$ per token. And Chainlink is offering only one service (oracles) which DAPPNetwork offers.
With Zeus SDK LiquidApps.io offers an open source plug and play development platform/middleware. Github: https://github.com/liquidapps-io

Showcase LiquidOracles, LiquidAccounts, LiquidScheduler, or vRAM in your dApps and you could win a grant of up to 300,000 DAPP tokens! https://medium.com/the-liquidapps-blog/announcing-the-dapp-network-grants-program-7b104e1ce1d6
Use LiquidLink, along with the rest of the DAPP Network’s multi-chain service suite, to participate in the Great Reddit Scaling Bake-Off and you could win up to 1,000,000 DAPP tokens! https://app.voice.com/post/@zack/the-dapp-networks-reddit-scaling-bounty-1594068605-1 Team DAPP Solutions is actively engaged in the Great Reddit Scaling Bakeoff, if you have an interest in joining this initiative, reach out to http://dappsolutions.app to collaborate
If you have questions get in contact with LiquidApps team! They and Beni Hakak personally will support and help you that your dApp will stay affordable for you and have the best chance to get successful!


Working services today, offered by multiple DSP’s to choose from, 100% all ONchain, are:
LiquidLink: LiquidLink allows you to connect your dApp to assets, actions, and applications on any blockchain you want (Bitcoin, Ethereum, EOSIO chains like EOS, WAX, Worbli, Ultra, Telos, BOS, …). Working and integrated product today
LiquidX: LiquidX enables dApps to run on the blockchain of their choice and still enjoy all of the benefits of using DAPP Network services Working and integrated product today
More chains (Neo, Tron, Hyperledger, Hedera, Tezos, Cosmos, Cardano, Polkadot, Solana) can/could be added in the future.
Proofen link to Ethereum and EOSIO chains. Already integrated in CoVax and Project Phoenix.
LiquidChains: Blockchain as a Service with unprecedented customizability. Your Chain, Your Choice! LiquidChains are fast, easy, fully customizable blockchains for your project, running on the popular proof of work or proof of stake consensus mechanisms. Each LiquidChain comes out of the box with the full suite of DAPP Network services ready for use. Working and integrated product today
https://preview.redd.it/z5vsvlzah0951.png?width=1676&format=png&auto=webp&s=90a2b57c8e2d327366d5aca138b495033812a298
Sharding: With LiquidChains developers can now spin up feature-rich, custom shards in minutes and seamlessly connect it to a public network (if they want to.) If you’re an Ethereum developer that needs to scale right now, get in touch with the LiquidApps team about harnessing LiquidChains to create a custom shard for your dApp! Working product today
Liquid vCPU: Boundless Computational Power. With vCPU, your application can offload intense computing work to the distributed DAPP Network. Working product today
https://preview.redd.it/oamcqz1pcy851.png?width=1291&format=png&auto=webp&s=90742ce7bc7922dbc3619291052d1c2d25cb4d9d
LiquidOracles: Choose from different DSP’s low latency oracle services. LiquidOracles stands out by keeping SLAs and data verification on chain, protecting you from the risks of malicious or accidental failure. Protect your data streams from being modified by malicious parties. Decentralized and trustless, without needing a separate blockchain. LiquidOracles are a more generalized and flexible solution than other oracle solutions like Chainlink. They also do not have any limitations with gas fees or block times. For example, EOS Options (on Kylin) is currently calling multiple price feeds every 15 seconds using LiquidOracles and have also tweeted recently about their plans to update their oracle feeds every 1 second. Things like that just aren’t possible on Ethereum at this time. Working and already integrated product today in eosoptions.com, Equilibrium EOSDT stablecoin and Project Phoenix
DSPs (dApp Service Providers) could integrate Chainlinks as part of their data feeds, and Chainlink could utilize the DAPP Network to gain some additional advantages. Chainlink and DAPPNetwork are better together
LiquidScheduler: Set timed events. Free up resources when users become inactive. Schedule regular checks of data sources. Take advantage of options to make your application more resistant to unreliable providers and infrastructure failures. It’s a Cron-Like Task Scheduler Example: regularly update from oracle feed (Example all 15 seconds) Working and already integrated product today in eosoptions.com, Equilibrium EOSDT stablecoin and Project Phoenix
LiquidBrinX: Frictionless Cross-Chain Data Transfer. Now anyone can deploy a cross-blockchain token bridge to allow for asset transfers in between chains! LiquidBrinX blends together vRAM, LiquidOracles and LiquidScheduler to yield a smooth and secure interoperability solution for dApps. Proofen and working product today
LiquidAccounts: LiquidAccounts allows dApps to provide users with free accounts, created easily, by inputting simple, familiar details such as only a username and password. Eliminate onboarding difficulties with a solution that remains secure and trustless, all while being able to easily transition accounts to mainnet accounts when requested. Working and already integrated product today in dappacount.com and Project Phoenix
LiquidStorage: IPFS decentralized storage. Decentralized Storage for Files, Websites, and More. Proofen and working product today. Already integrated with Equilibrium EOSDT stablecoin and Project Phoenix
Liquid vRam: Alternative & Compatible Memory Solution. vRAM is an alternative memory solution for developers building blockchain dApps that is RAM-compatible, decentralized, and enables storing & retrieving of potentially unlimited amounts of data affordably and efficiently Working and already integrated product today with Moonlighting (700’000 users), Equilibrium EOSDT stablecoin and Project Phoenix
LiquidArchive: History API Provisioning Proofen and working product today
LiquidCrypto: LiquidCrypto service offer a whole suite of cryptographic algorithms from ECC, RSA signatures & encryptions to ZK-Snarks, Blind signatures Proofen and working product today. Already integrated in Project Phoenix
LiquidHarmony: Web/IBC/vCP/SQL Services Proofen and working product today
Liquid KMS: Key Management Service Proofen and working product today
LiquidSQL: decentralized databases. Proofen and working product today
LiquidBilling: Transaction signing service Proofen and working product today
LiquidDNS: DAPP Service Provider hosted DNS Service Proofen and working product today
LiquidLens: Read function service Proofen and working product today
LiquidRandomness: Easy, Secure Random Number Generation. Blockchains, by nature, exclude the possibility of easily obtaining truly random numbers for use in applications. As a result, numerous dApps have been gamed. Easily implement randomness without resorting to vulnerable, complex, or expensive methods Proofen and working product today
https://preview.redd.it/6j0qdtovcy851.png?width=1416&format=png&auto=webp&s=ba1b715a6c4787b4976257d41157455f7fae56d4
LiquidEscrow: Today’s most successful centralized applications are popular because they are simple, trustworthy, and predictable. What if we could leverage Discord, the world’s largest internet gaming community, to bring millions of gamers a brand new experience on a platform that they already know and love? Team Onessus have harnessed the power of the DAPP network to offer these gamers something amazing: A Global Economic Esports Community, utilizing a new DAPP Network Service, which we call LiquidEscrow. Proofen and working product today
Project Phoenix (a Patreon-like dApp) is a showcase for mostly all the DAPP services and how you can use them. The code will soon be opensource on github. https://www.youtube.com/watch?v=y-VYlv73mqI

https://preview.redd.it/pwt8zo01t0951.png?width=1267&format=png&auto=webp&s=94758021afded24859e3ff0310bd078a9e63f02b
#DAPPNetwork can be fast like EOSIO, it can be with sharding like Cosmos, it can be decentralized like Ethereum, it can be with IBC like BOS, it can be true multi-chain like polkadot, it can be encrypted like privacy coins (Soon maybe as well with Monero tech if PEOS project succeed and if DSP offer this services), it can be stored ONchain like Filecoin, it can use oracles like chainlink (but with low latency) – It offers TODAY what 7 blockchains or more combined would offer!


And now tell me again, whats your excuse that you are not using DAPPNetwork’s service’s and/or developing with Zeus SDK from LiquidApps.io?


Showcase LiquidOracles, LiquidAccounts, LiquidScheduler, or vRAM in your dApps and you could win a grant of up to 300,000 DAPP tokens! https://medium.com/the-liquidapps-blog/announcing-the-dapp-network-grants-program-7b104e1ce1d6
Use LiquidLink, along with the rest of the DAPP Network’s multi-chain service suite, to participate in the Great Reddit Scaling Bake-Off and you could win up to 1,000,000 DAPP tokens! https://app.voice.com/post/@zack/the-dapp-networks-reddit-scaling-bounty-1594068605-1

Become a DSP: https://liquidapps.io/becoming-a-DSP
More information about all the services: https://liquidapps.io/news
DAPP talk videos with the liquidapps team: https://liquidapps.io/videos
Articles on medium: https://medium.com/the-liquidapps-blog
LiquidApps documentation: https://docs.liquidapps.io/en/v2.0/
SDK Zeus: https://liquidapps.io/zeus
Webinars & Walkthroughs: https://liquidapps.io/walkthroughs
Zeus documentation: https://docs.liquidapps.io/en/stable/developers/zeus-getting-started.html
Telegram Developers DAPPNetwork: https://t.me/dappnetworkdevs

DAPP Solutions offer DAPP Academy and help amazing projects get to market. Freemium Resource Model: https://dappsolutions.app/
Blockstart provide training, mentorship and connect blockchain enthusiasts to the tools and funding opportunities to make their ideas come true: https://blockstart.one/

LiquidApps invites bounty hunters, EOSIO and blockchain experts and hackers to search the DAPP Network’s codebase for vulnerabilities, flaws, and imperfections for a chance to earn a portion of up to 10,000,000 DAPP tokens available for this bounty (up to 1% of the total token supply)


Projegts using DAPPNetwork today:
DAPP Solutions are scaling Reddit with DAPPNetwork scaling services and LiquidLink
dappaccount.com uses liquidaccounts
The first custom integration from DAPPAccount is with Organic Community Market, who are using it to create blockchain accounts for every user on the platform to tokenize their membership and rewards program
Moonlighting (700'000 users) uses vRAM and reduce onboarding costs from $2000 to $10 a day!
CoVax uses LiquidChains and LiquidLink/LiquidX
eosoptions.com uses LiquidOracles and LiquidScheduler which updates on average every 15 seconds!
Phoenix uses mostly all LiquidServices
Equilibrium EOSDT stablecoin integrated liquidOracles, liquidScheduler, liquidStorage and liquidvRam
Maybe upcoming projects (rumors, interviews, tweets, hackathon's, maybe's) using/integrating DAPPNetwork are:
Blockstart and DAPP Solutions partnered to solve real world business problems and bring blockchain to the masses with digital Signatures Blokument using DAPPAccount
deWeb.io plans to integrate vRam and LiquidAccounts to scale, maybe using LiquidX and LiquidLink to connect to other chains and maybe using LiquidOracles and LiquidStorage for many potential deWeb online services, built by 3rd party developers or in-house (Telegram)
Bancor maybe integrates liquidOracles once they create a new pool on EOS they said on Telegram
Team Aikon is hard at work utilizing LiquidAccounts to make seamless sign-in a reality
Onessus plans to integrate LiquidChains and LiquidRandomness (Telegram) in HodlGod (Battle royale title, just like Fortnite - today running on WAX blockchain)
Hackathon project The Global Economic ESports Community & LiquidEscrow invented LiquidEscrow service
Hackathon project EOS Resource Lending on Centralized Exchange (CEX) using liquidAccounts, liquidOracles and liquidvRam
Hackathon project Liquid Galaxy Massive Multiplayer Online Role-Playing Game using liquidOracles, liquidScheduler, liquidvCPU, liquidLink
Hackathon project Rekt.Land blockchain-based board game using liquidAccounts, liquidStorage and liquidLink
Everipedia‘s maybe integrates liquidOracles for its IQ digital asset
Effect.ai project maybe become a service provider or could use DAPPAccounts in future
Vigor Project maybe integrates liquidOracles
And for sure there are many projects and ideas on development with LiquidApps team, Dapp Solutions team, Blockstarts team and others we don't know anything about yet...

Read some more interesting articles
- Who will achieve DeFi’s Holy Grail with Real-Time Gross Settlement, High Throughput and Long-Term Storage On The DAPP Network
- How could the DAPP Network evolve the Multi-Billion Cloud Computing Industry
- How DAPPNetwork will create distributed hubs of functionality, liquidity, and data across multiple decentralized networks - DAPP Network Is the perfect glue between chains
submitted by CryptoDae to eos [link] [comments]

How Bitcoin Halving Will Affect BTC Price

Bitcoin Halving 2020

In every 210K mined blocks a planned (programmed) event takes place. This event is called halving. It is a regular reduction of miners’ fee (reward) for a produced block. Bitcoin creator put these halvings in software to keep inflation in check. Most commonly one block is being mined in 9 minutes and 20 seconds. According to this, halving occurs every four years. The Bitcoin network had two halvings: first in 2012 and then in 2016. If we look back and remember how much coins miners could earn in the early history of Bitcoin, it was 50 BTC for one block. Later on, after the first halving, the fee was equal to 25 BTC and the same happened four years after, then the reward was cut down to 12.5 BTC. The next (third) halving may be expected in May 2020. The payoff then will be reduced to 6.25 BTC. This will actually continue till there’s no award left (this will approximately happen in 2140).
So why is there a need for halving? If coins are produced very fast or the amount of emitted BTC is not limited, there will be so many Bitcoins in circulation that they will have limited value. Vitalik Buterin once said in his interview with Bitcoin Magazine: «The main reason why this is done is to keep inflation under control.»

What will happen with BTC price after Bitcoin halving?

Like any other cryptocurrency price prediction, the Bitcoin price prediction is always hard to make, so we can just guess looking at a combination of factors. Opinions are divided as follows: some think that the BTC price will go up and others think nothing will generally change and the price will stay the same. There are also skeptics that see the halving as bad luck. They believe that if even 10 percent of miners quit, it might scare away the investors and make them move out their assets. As a result, the Bitcoin price will go down. After the first Bitcoin halving the BTC price grew almost two hundredfold, the second time it grew sevenfold. Both times BTC had increased volatility. But no one can guarantee the same events nowadays. As far as we can see from the previous halvings, they had the same dynamics: the Bitcoin price grew up. This gives some people hope that it will repeat after the next BTC halving in May 2020.
What are people’s opinions and predictions regarding the next Bitcoin halving? Let’s have a look.

The CEO of Pantera Capital Dan Morehead predicts the rise of BTC after the coming halving:
“It’s right on the trend line, and I think it’s a good shot that by the end of the year, we hit that, and then if you just extrapolate that line out for another year, it’s $122,000 per Bitcoin and in one more year $356,000.”

Tom Lee from Fundstrat Global Advisors posted a part of the report regarding crypto outlook 2020. Here what is said regarding the BTC price in that report:
“For 2020, we see several positive convergences that enhance the use case and also the economic model for crypto and Bitcoin – thus, we believe Bitcoin and crypto total return should exceed that of 2019. In other words, we see strong probability that Bitcoin gains >100% in 2020.”

Bobby Lee (co-founder and CEO of BTC China) also expressed his opinion via twit saying:
“After next #BlockRewardHalving in Spring of 2020, new #Bitcoin output will drop again, to just 900 BTC/day. I predict #HashPower will continue to grow, with ever higher amounts of investment in mining (electricity costs). If that amount reaches $54m/day, we‘ll have $BTC at $60k.”

Jason A. Williams had an “unpopular opinion”:
“Unpopular Opinion – Bitcoin halving in May 2020 won’t do anything to the price. It will be a non-event.”

John McAfee is insanely positive as usual when speaking about the Bitcoin price prediction:
“When I predicted Bitcoin at $500,000 by the end of 2020, it used a model that predicted $5,000 at the end of 2017. BTC has accelerated much faster than my model assumptions. I now predict Bitcoin at $1 million by the end of 2020. I will still eat my d\ck if wrong.”*

Paolo Ardoino (Bitfinex & Tether Chief Technology Officer) said the following in his interview to U.Today:
“The halving is expected to occur next year, and I think it’s reasonable to expect an increase in the price of Bitcoin. I won’t do any price predictions myself and this is not financial or other advice from me or from Bitfinex or Tether, but I don’t see any reason for Bitcoin not hitting $100,000 within the next few years. That would already be an amazing goal for such technology.”

Tone Vays (Financial analyst) is less ambitious. That’s what he thinks:
“Technically, everything is in play until end of 2020, after that sub $5,000 is not likely. Worst Case Scenario: prices drop to $5k into the halving, then after halving 70% of miners shut down due to negative revenue, #Bitcoin spirals down in price but then rises from the dead!”

Petros Anagnostou, the founder of Crypto Solutions declares:
“My prediction: Bitcoin will reach $12,000 before the end of this year. And will reach a price of $50,000 – $100,000 by the end of 2020.”

To summarize, the forthcoming BTC halving 2020 will be a kind of guarantee that there will be no inflation, and investments will be profitable. At the same time, it is being one of the key factors responsible for the growth of the Bitcoin price. When it comes to miners, they usually feel stressed about it as to keep their income at the same level they will need to invest in new technical equipment. As for those who don’t mine but just buy Bitcoin to keep BTC as a cryptocurrency investment, the BTC halving will barely have any effect on them.
No one can predict what exactly will happen after the upcoming BTC halving. It is always up to you either be on the optimistic side or be one of the doubters.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk. You are the only one responsible for making investment decisions.
submitted by SimpleSwapExchange to BitcoinMarkets [link] [comments]

The Bitcoin Conspiracy (an enthusiast's perspective)

I keep coming across comments, especially in this sub, from people claiming that Bitcoin was created by the CIA or some government agency as part of the plan for the NWO and cashless society. I want to share my experience and try to clear up the confusion surrounding this topic.
I first got involved with Bitcoin in late 2016 when I heard about it and got some while at a libertarian festival. Back then it was still very popular among the agorist community and was being promoted as THE silver bullet that was going to disrupt the global fiat banking system.
Putting preconceptions aside, a new user might ask, "what's so special about Bitcoin? We already have digital currencies."
Well, you only need to read the first page of the whitepaper to discover what the original intent of Bitcoin was. It most definitely was not intended to be a tool for central banks to subjugate the world to a centralized global currency. Quite the opposite in fact. Read the full whitepaper here.
When I first learned about Bitcoin, it forced me to learn about economics, then the Federal Reserve, then one by one the dominoes fell and down the conspiracy rabbit hole I went. In 2017 (actually it started a few years earlier, but I wasn't paying attention back then) there was a very heated debate in the Bitcoin community regarding scaling.
I'll try to break it down simply:
In the very early days, when Bitcoin was just a project being worked on by a few very technical people, no one knew about it. All it took was a handful of people running the software on their laptops to mine new coins. Since there was not much computing power on the network, it meant there could easily be a spam attack where a malicious user could join the network and generate many gigabytes of spam transactions that would overload and crash the network. To prevent this, Satoshi implemented a limit of 1MB per block, to protect the network until there was enough computing power to be able to handle larger blocks.
This measure worked, and Bitcoin grew exponentially.
Satoshi vanished in 2010, after WikiLeaks attracted unwanted attention to the project by accepting Bitcoin donations. He left clear instructions for his successors that the 1MB block size limit was meant to be increased once the network could support high levels of user traffic. At the time, there still was not much use, so it wasn't until around 2014 that blocks started hitting the 1MB cap and all of a sudden users had to compete (by paying higher transaction fees) in order to get their transaction mined into the next block.
Up until then, sending a Bitcoin transaction would cost $0.0001 (hundredth of a penny) or less, no matter if you were sending $0.10 or $1,000,000. Now, since block space was limited, fees started to rise, as miners would only include the transactions with the highest fees. Over the next couple years, transaction fees went up dramatically, at times reaching as high as $100 to send a single transaction.
The solution was obvious - raise the block size limit.
But this led to a heated debate, and this is where the conspiracy became obvious to those who were paying attention. Since Bitcoin was decentralized and open source, anyone could contribute, but certain people controlled the commit access to the github repo, and it became apparent that those individuals had been compromised, as any and all mention of increasing the block size was met with fierce resistance.
There was a misinformation campaign to discredit anyone arguing for larger blocks. The argument was that larger blocks would mean users could not run the software on their low-power personal devices and laptops; that by increasing the block size it would lead to mining centralization. Well, if you read the whitepaper linked above, you'll see that Satoshi predicted this. He knew mining would eventually be left to "specialized server farms" while normal users could use what he termed Simplified Payment Verification (SPV) wallets.
But this point was consistently shot down in the community, and especially on /bitcoin. There was a MASSIVE censorship campaign in the bitcoin subreddit that continues to this day where anyone who questions the official narrative or even asks a basic technical question is immediately banned. /bitcoin today is nothing but a cesspit of price memes and misinformation. Go to /btc for the uncensored discussions (but beware of trolls).
In 2017 the debate was finally settled, sort of. Now known as "Bitcoin Core" (the name of the official Bitcoin software), the developers implemented a change known as SegWit (Segregated Witness) which fundamentally altered the way the software validates transactions. It was implemented as a "soft fork" rather than a "hard fork".
I'll explain the difference.
In a fork, the network comes to a consensus on new rules that all participants must follow. In a hard fork, the changes are non-backwards compatible, so all users must update their software or else be left behind on a dead network. Hard forks happen all the time in software development, but in the case of SegWit, the developers refused to make any non-backwards compatible changes for fear it might alienate users. Again, another unfounded fear. "We can't ever upgrade the technical capabilities of the network (such as the block size) because some people might not go along with it."
All kinds of mental gymnastics were performed to justify their refusal to increase the block size, and there was nothing anyone could do about it except fork as an independent project. The 1MB block limit is now essentially set in stone for BTC. So in August 2017, Bitcoin Cash (BCH) hard forked by increasing the block size limit to 8MB, along with some other changes.
Fast forward to December 2017 and Bitcoin was at its all time high of nearly $20,000. But fees were also astronomical and because of the 1MB block size limit, a huge backlog formed, and some people had to wait days or even weeks for their transaction to confirm. If anyone was trying to cash out into fiat and didn't want to pay a $100 transaction fee, by the time their transaction got confirmed the price had already crashed.
This event was largely responsible for the bear market of 2018. Everything that happened was predicted by those who knew what was going on.
A company called Blockstream had essentially wrestled control of Bitcoin from the original developers and shut them out or gained control over them, and started working on turning Bitcoin into a settlement layer for their product called Lightning Network.
LN is a complicated topic that I don't want to get into, but essentially it's a framework that recreates all the same problems inherent in the banking system that Bitcoin was meant to solve. Blockstream's goal is to profit from creating, and then "solving" those problems by charging users fees for all kinds of custodial services.
In my personal opinion, it's obvious that the original Bitcoin project has been hijacked and repurposed into a tool for the central banks. The propaganda is being pushed in some conspiracy circles that Bitcoin was created BY the central banks in order to discourage people from researching the true history. What is now commonly called "Bitcoin" is not the original project, but a Trojan horse.
The project that most closely follows the original design is Bitcoin Cash, and that is where almost all organic development is happening, and personally I feel that it's picking up steam lately as more people wake up to what's happening in the economy right now. Unfortunately most people are still unaware of how fundamentally broken BTC is now and so as new users run toward cryptocurrency to escape the dollar collapse, most will fall straight into the trap and be stuck with BTC that they won't be able to use without paying exorbitant fees and/or submitting to the very same tracking system they are trying to get away from.
This is a very deep rabbit hole but I think I've written enough for now. I hope this info helps people make sense of what's going on with Bitcoin. I know it's confusing enough even without so much deception taking place so hopefully this helps.
Read the Bitcoin FAQ over on /btc.
submitted by PM_ME_YOUR_ALTCOINS to conspiracy [link] [comments]

How I earn a Full-time income online + Offers & More

So first start by saying I have "Real" Online work but it requires me to work about 30 mins a day... I work on this other stuff 8-10 hours a day and earn a full-time income alone from this stuff alone...
I'm not including any affiliate signs ups I get when I say earning a living from this
I highly advise you get a cheap Laptop to work on... You cant use your phone ( for the work stuff )
I would recommend something like a Thinkpad 430i, I'm pretty sure I bought one for £85 as I needed a cheap laptop for something else and its been solid
normally they come with dud batteries, You can find a replacement HERE
Appen | non-ref ( I will get $25 if you work I think its 100 hours )
Neevo
Clickworker | non-Ref ( I will get 5 when you earn 10 )
Prolific.co
Populus Live
GG2U $1 Bonus | non-ref ( No Bonus ) - I will get 5% of what you earn
Timebucks(I think $1 bonus) | Non-Ref ( No Bonus ) - I will earn 15% of what you earn

Panelbase - Sign up HERE ( Quidco £10 Bonus )| Non- Ref ( No Bonus ) - Quidco will pay you £0.80p to sign up and if you sign up through my link you will also get a £10 bonus on Quidco when you reach £5 cashback
Some decent surveys on here, I normally check and do them when they are over £1

I mainly focus my time on Appen, If there is no work on Appen then I will see if there are tasks on Neevo if not then I move to the other sites... I only use the lower-paying survey sites when I have nothing else to do
I still do have something that guaranteed you money regardless, So even if I have a slow do saying this there is no pressure because my other work is there. This past week happen has been slow for me but I was able to smash out thousands of tasks on Neevo which made that up
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Here is also some good offers on a few different sites, They should be the highest paying for that offer
TopCashBack - REF (£5 BONUS ) | NON-REF( NO BONUS)
You will get the bonus once you reach £10 payable cashback
Once you have signed up, here are the offers
They also have a £15 Cashback on a Just Eat order of £15, Worth it for some free food
Betfair Poker - £50 Cashback for signing up and playing £10 of poker | £10 Spend
GiffGaff - £10 Cashback - Order and activate a new sim, The Cheapest package is £6
SearchLoto - £0.82 - Create your account, Make 25 Searched, and use Free Ticket.
Experian - £3 - Sign up for a new account
Graze - £2.47, Order your first box then cancel when it arrives
Totally Money - £2.10 - Make an account and get a free credit report
Tastecard - £3.30 - Free 2 Months trial
Booking buddy - 2p ( Can do 3x per day ) - Make a search.
Quidco - REF ( £10 Bonus ) | NON-REF ( NO BONUS )
Bonus is once you reach £5 cashback
Azimo - £25 Cashback - Make a Minimum Transfer of £151 ( Send the transfer to your other account )
Paddy Power Games £20 Cashback - Deposit and wager £10
Panelbase - £0.80p - Create an account and do a survey ( I highly recommend using this site )
Pick My Postcode - £.80p - Create an account.
booking buddy - 2p ( Can do 3x per day ) - Make a search.
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Swagbucks - REF ( Around £4 BONUS ) | NON-REF ( NO BONUS )
To get the £4 bonus you need to earn 300SB in your first month, Since the offers at the bottom I would do the two offers listed, Then make the rest up by doing 3/4 Surveys but other than this please do not waste your time on Swagbucks doing surveys, I only do them if to complete swago or if they are pretty high paying.
AyeT- CyberGhost VPN Free Trial - 54SB
Adgem - Norton VPN Free Trial - 63SB
100SB Bonus - Install the Swagbutton
Rise of Kingdoms - 4000SB - Get to hall Level 17
Lottoland - 1300SB - Click the offer and it will take you to the sign-up and will cost £1 ( Make sure auto-renewal isn't on )
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GG2U - REF( I think you get $1 Bonus ) | NON-REF ( No $1 if there is a bonus )
William hill ( Find this under Gaming Offers ) - Deposit £10 and wager £10 - Around £27 Back
Normally the Gala offers pay higher but none of them are available anywhere, Normally pay around £40, on TCB or Quidco but they have no offers right now for them
---
Ysense - REF( Don't think there is a bonus |NON - REF
Click Offers, Then Offertory
Final Fantasy 100K Power - $10.16. I did this before and I spent £1 and completed really quickly, It was an XP reward I bought, It gave millions of Hero XP which gave enough power
I highly advise you don't waste time on this site doing surveys
----
Lionbridge - Like happen but this is more strict and I also found Appen paid more for the Project I am on.
Teamwork- Like Appen and Lionbridge, I have done some work for them in the past everything was fine and paid on time.
Apple at Home Advisor - Work at home Advisor for Apple. Pretty sure they send you an iMac to work on tho I could be wrong
Pretty sure Amazon has remote work also. If you google a company and then "Remote" or at home, It should let you see if they have work
-
I had these 3 on a list Its transcription work but Appen, Lionbridge, and Teamwork offer this and probably best going for them.
Rev
transcribeme
GoTranscript
----
Sites/Apps that are legit + my thoughts on them
Swagbucks ( Around £4 Bonus ) | non-ref ( No Bonus )
I only do offers on here but I always check other sites before doing them to see if better paying elsewhere and I do swago when it comes up - Do not do surveys unless they are offering a few £ as they normally DQ - Only do Offers, Don't waste your time on anything else
Serpclix| non-ref
You install the plugin and it pops up with a task to search for a website... I barely use it but I would say its worth using for some extra cash ( Some users say £10-£30 a month on here )
Branded Surveys| non-ref
Had a few payouts, Too many DQ would avoid unless nothing else
Life Points
Had some decent paying surveys, But too many DQ.. I would personally avoid
Qmee ( 50p Bonus ) | non-ref ( No Bonus )
In my opinion, it's not worth the time, I do probably 1 or 2 surveys per week and I only touch the ones 75p + unless they take to long... I don't think you should focus anytime on it unless you have nothing else.
Ysense
Don't waste your time, I listed an offer for it above other than them offers.. Don't bother, People only want sign-ups to this cause they pay like 15% of earnings and I think around £5 when someone reached a certain amount
SliceThePie- Don't bother, Its clearly about 10p an hour
HoneyGain ($5 Bonus I think ) | Non- Ref ( No Bonus )
It uses your unused internet in the background, it's perfectly safe personally for me I've not had much luck but it comes down to location and how many devices you are using
20Cogs ( £20 Bonus on cashout ) | Non-ref ( No Bonus )
This is legit but most offers do pay better elsewhere and you need to hit 20 confirmed cogs before they payout, I have done offers on here and have my 20cogs pending but make sure you always check other sites to make sure you are getting the most amount of profit... I mostly do offers on here that I have not seen anywhere else.
PrizeRebel - Don't waste your time.
Microworkers - Can pay decent if you can rattle off some fast task but - Its a pain to get paid, Customer service pretty much ignores you and a lot of the jobs and links are sketchy as hell
---
I know nothing about this stuff but you can also teach English online and get paid for it. You might need an ESL certificate. The pay is pretty decent if you can get work If this is something you are interested in I highly advise you do some research for it because its decent work
vipkid- Teach English to kids online, If you want to find more I would advise you to look through Reddit as a lot of users on here use this for work, There are more sites than just this that you can work for, I think they pay from $15-$25 per hour.
QKid- Same as vipkid teaching English online- I think this pays up to $20 per hour
gogokid- Teach English Online $14-25 per hour
There will be more sites than this but these are the ones I know of.
----
Amazon FBA
I don't recommend you bring crap in from china there is enough of that,,, My advise would start small, Start by Buying stock from Supermarkets or other online retailers this is called retail arbitrage and then sending that in but make sure you are allowed to sell in that category, also if your going down the video game route that you sell Used video games and older back catalog titles as these hold higher profit margins than new stock, Lego, Toys, etc are good things to keep an eye out for you can also look for this sort of stuff on the Facebook market place
There is very little profit in new stock unless you can pick it up and most of the time you'd be selling at a loss because the big retailers can sell it for the price you buy it
Use Amazons courier ( they use ups) it's like £5 to send in a 15KG Box
Get the hang of it to figure out what works for YOU! Don't follow anyone on youtube and what they say to do... Of course, if you want to make serious money which you can do, You will need to get suppliers, etc but no one will tell you where to get these, and the ones found easily through google search will make you very little if any money using... Here is also some things I recommend using ( I use them or have used them )
Barcode Scanner ( I only use my PC so need scanner )
Barcode Scanner With Stand
Epson XP-3100
FBA Labels
Bags - I use a mixture of different one but these are fine for smaller things.
You don't need to buy the best printer or anything like that these work perfectly fine... You only need that stuff if you're doing thousands of labels per day
As I said before, Don't be scared to try this its actually pretty fun and can make good money just please people on youtube UK and US, Try it see what works for you
Also Amazon handmade but I still think Facebook is a great way to start selling handmade stuff ( if its quality )
-
Gambling
First, I recommend you don't touch anything to do with this stuff if you have any mental health problems, feel lonely, etc this can ruin your life if you go off the deep end
Matched Betting - You can make good money from this and I think everyone should do it, It's not complicated once you get the hang of it but don't use Profit Accumulator or the other one that charges £17 a month, in my opinion, it isn't worth it ... You could use something like Team Profit to get the hang of it and then take the £1 profit accumulator trial then get more info from there but cancel before the £17 month
The more money you have to do this the more you're going to make, It can be pretty slow if you are starting with a low amount of money but when you're doing these, Make sure you check cashback sites or offerwalls to see if they will pay you for signing up
People promote PA because they have a good affiliate program

Gambling CPA/RS
This is different and you need a website or social media platform, You would have deals with the casinos, Bookmakers, etc But the money, if you get it right, is absolutely ridiculous... This is why you see these guys on youtube spinning such high amount of cash on the casino, If you are good at building sites or have a boatload of cash to chuck at this
You would post them and when people sign up through your link you could be on CPA ( Cost per Acquisition ) RS= Revenue share, So you would get % of a player losses or you could be on a hybrid
This money is life-changing if you get it right but since there is so much cash it is not easy... These sites are spending 10s of thousands a month to be at the top search results.
----

Cashback Websites
JoinHoney | non-ref - Saves you money by searching for coupon codes, I place a monthly order on a website and it saves me between 20-40 each time, Well worth installing when you shop online
TopCashBack (£5 Bonus ) | nonref ( No Bonus )
£5 Bonus once you reach £10 payable cashback, I listed some good deals at the top of the post ( Check yourself for more on the site ) Also can save money when shopping online
Quidco (£10 Bonus) |non-ref ( No bonus )
You get the £10 bonus once you reach £5 cashback, Same as top cashback... Some offers listed above and you can also get cashback shopping online
--
My favorite Offer
Xendpay (£10 Bonus | non-ref( No bonus )
Sign up and Verify your account, Make a transfer of £100 and you will get £10 free.. You can just transfer the money to yourself but you will need an account that takes euros as you need to send £ to euro
-
Before you sign up to an offer on this sub, Please check on cashback sites to see if they pay more than a ref link, Example is the Azimo link it has been posted on this sub on the past few days, You only get £10 from that but you will get £25 through Quidco + £10 bonus if you are new to the site
There is also a scam that's posted a lot on Reddit, They claim to pay you $25 to sign up then $25 per person you sign up, This is a scam they go by a few different names sites all look the same with the same fake payouts
I hope this helps someone out.
submitted by StrangeDeal6 to beermoneyuk [link] [comments]

Bitcoin farming returns are weak at the moment - how many of you do it?

Someone let me know if I'm doing the math wrong. Based on using one GPU and not having solar power, you're barely making any money.
Expeditionary Fuel Cans = 70k on Flea at the time of writing this post.
Bitcoin = 150k on Flea
With one GPU, it will take you 20 hours of fuel to create a bitcoin. I checked my hideout and two full expeditionary fuel tanks (60/60) will last 28 hours. So after one bitcoin is made you have earned 150k in income, but it cost you (20/28) * 140,000 = 100,000 in fuel at a minimum. So profit per bitcoin is 150k - 100k = 50k roubles. I guess I should add in the remaining fuel as well. That will cost 8/28 * 140k for a profit of 8/20 * 150k = -40k + 60k or an additional 20k of profit. Total profit is 70k for two full fuel tanks.

Based on what I have not sold from my stash (I have already done a few upgrades and have some spare parts), it would cost me 2.6 million roubles to get the bitcoin farm. It would take me 52 days of harvesting a bitcoin every day just to make my initial investment back. If you hadn't already put a few hundred thousand into your hideout and had some cables lying around like I do, the return of initial investment time would be even worse. I want to do the upgrades but I just don't know if it's worth it given current prices

I'm aware that I could farm the items rather than buy them, but ultimately market price is the best way to look at this in my opinion (although that is not the point of the post).

I believe the first argument to this will be that empty fuel cans can be used for mag case crafting. So lets do the math on that as well.
Metal Cutting Scissors = 70k
Bolts x3 = 20k * 3 = 60k
Screw Nuts x3 = 13k * 3 = 39k
Total Cost = 169k
Fuel canisters should cost nothing as they are used in the bitcoin mining so, 169k in costs yields 320k in income or 320k - 169k = 149k

However, Lavatory Level 2 requires Water Collector 1, 3 Corrugated hoses, 5x screw nuts and 5x bolts. For simplicity I will combine the costs of water collector 1 and Lavatory Level 2 below.
7x Corrugated Hoses = 80k * 7 = 560k
10x bolts = 25k * 10 = 250k
10x screw nut = 130k
3x Duct Tape = 22.5k
Total Cost to construct = 962.5k

So math on combined bitcoin mining and magazine crafting trade is below
Total Costs = 962.5k + 2.6 million = 3.56 million
profit per two cans of fuel = 149k for the magazine craft + 70k for the bitcoin mine = $220k

3.56 mil / 220k cuts down the return of investment to 22 days. Sort of answered my own question there but I still think this is pretty weak given you have to log in at the same time every day to refuel / harvest bitcoins otherwise the returns get even worse.
submitted by NTAthrowaway9010 to EscapefromTarkov [link] [comments]

[For Hire] [$20/session] Stuck at home? I'll teach you programming in Python online!

Hey /forhire. I posted here last summer looking for potential students who wanted to learn how to program and found great success that summer. With my academic semester ending soon, I am once again looking for students to teach this summer! You can also read about this on my blog post here.
I am offering to teach students the fundamentals of the Python programming language for $20 per session. I have 5 content-packed sessions already planned out and I am more than confident that I can teach Python to even someone who has zero experience with programming! In learning Python, you will also be learning universal programming concepts that are applicable to all programming languages. The content that I will be teaching you is completely hands-on. You won't have to sit through PowerPoint lectures or read chapters from a book. Right off the bat, we're going to dive into programming in Python.
This course is completely virtual and we will be conducting calls through Discord. Most of our contact will either take place through either Discord or email. We arrange sessions based on an appointment basis so that I can make sure that your time is respected as much as possible and that our schedule can be as flexible for you as possible. This course also exists outside of scheduled sessions. By being one of my students, you are entitled to receiving help outside of session hours at no additional cost.
I've been programming for 9 years of my life now ever since I was in elementary school. I've taught Python programming to dozens of students before but nowadays I really only have time to do this when University is not in session, which is why I'm excited to teach students again this summer. I've worked as a professional computer programmer before and I am currently employed by the University of California's IT Network department, hoping to make my break into cybersecurity within a couple of years after I finish University. I love computer science, and I love programming, and I want to teach you to love programming too!
Payment is accepted in the form of PayPal or Bitcoin. I offer a 20% discount if you choose to sign up for all 5 sessions instead of paying per session.
Let me know if you have any questions! I look forward to hearing from you soon and hopefully teaching you what I know! You can comment here or DM me on reddit and I will try to respond as soon as possible.
submitted by ShawnTheBoy to forhire [link] [comments]

Binance Support ☎️ +¹ 𝟪𝟦𝟦-𝟫𝟢𝟩-𝟢𝟧𝟪𝟥 ☎️Number :Cold_Poetry_1613

Binance Support ☎️ +¹ 𝟪𝟦𝟦-𝟫𝟢𝟩-𝟢𝟧𝟪𝟥 ☎️Number :Cold_Poetry_1613 has loads of offices, he continued, with staff in 50 countries. It was a new type of organization that doesn't need registered bank accounts and postal addresses.
To kick off ConsenSys' Ethereal Summit on Thursday, Unchained Podcast host Laura Shin held a cozy fireside chat with Zhao who, to mark the occasion, was wearing a personalized football shirt emblazoned with the Binance support number 1844-907-0583 brand.
Scheduled for 45 minutes, Zhao spent most of it explaining how libra and China's digital yuan were unlikely to be competitors to existing stablecoin providers; how Binance support number 1844-907-0583's smart chain wouldn't tread on Ethereum's toes – "that depends on the definition of competing," he said – and how Binance support number 1844-907-0583 had an incentive to keep its newly acquired CoinMarketCap independent from the exchange.
There were only five minutes left on the clock. Zhao was looking confident; he had just batted away a thorny question about an ongoing lawsuit. It was looking like the home stretch.
Then it hit. Shin asked the one question Zhao really didn't want to have to answer, but many want to know: Where is Binance support number 1844-907-0583's headquarters?
This seemingly simple question is actually more complex. Until February, Binance support number 1844-907-0583 was considered to be based in Malta. That changed when the island European nation announced that, no, Binance support number 1844-907-0583 is not under its jurisdiction. Since then Binance support number 1844-907-0583 has not said just where, exactly, it is now headquartered.
Little wonder that when asked Zhao reddened; he stammered. He looked off-camera, possibly to an aide. "Well, I think what this is is the beauty of the blockchain, right, so you don't have to ... like where's the Bitcoin office, because Bitcoin doesn't have an office," he said.
The line trailed off, then inspiration hit. "What kind of horse is a car?" Zhao asked. "Wherever I sit, is going to be the Binance support number 1844-907-0583 office. Wherever I need somebody, is going to be the Binance support number 1844-907-0583 office," he said.
Zhao may have been hoping the host would move onto something easier. But Shin wasn't finished: "But even to do things like to handle, you know, taxes for your employees, like, I think you need a registered business entity, so like why are you obfuscating it, why not just be open about it like, you know, the headquarters is registered in this place, why not just say that?"
Zhao glanced away again, possibly at the person behind the camera. Their program had less than two minutes remaining. "It's not that we don't want to admit it, it's not that we want to obfuscate it or we want to kind of hide it. We're not hiding, we're in the open," he said.
Shin interjected: "What are you saying that you're already some kind of DAO [decentralized autonomous organization]? I mean what are you saying? Because it's not the old way [having a headquarters], it's actually the current way ... I actually don't know what you are or what you're claiming to be."
Zhao said Binance support number 1844-907-0583 isn't a traditional company, more a large team of people "that works together for a common goal." He added: "To be honest, if we classified as a DAO, then there's going to be a lot of debate about why we're not a DAO. So I don't want to go there, either."
"I mean nobody would call you guys a DAO," Shin said, likely disappointed that this wasn't the interview where Zhao made his big reveal.
Time was up. For an easy question to close, Shin asked where Zhao was working from during the coronavirus pandemic.
"I'm in Asia," Zhao said. The blank white wall behind him didn't provide any clues about where in Asia he might be. Shin asked if he could say which country – after all, it's the Earth's largest continent.
"I prefer not to disclose that. I think that's my own privacy," he cut in, ending the interview.
It was a provocative way to start the biggest cryptocurrency and blockchain event of the year.
In the opening session of Consensus: Distributed this week, Lawrence Summers was asked by my co-host Naomi Brockwell about protecting people’s privacy once currencies go digital. His answer: “I think the problems we have now with money involve too much privacy.”
President Clinton’s former Treasury secretary, now President Emeritus at Harvard, referenced the 500-euro note, which bore the nickname “The Bin Laden,” to argue the un-traceability of cash empowers wealthy criminals to finance themselves. “Of all the important freedoms,” he continued, “the ability to possess, transfer and do business with multi-million dollar sums of money anonymously seems to me to be one of the least important.” Summers ended the segment by saying that “if I have provoked others, I will have served my purpose.”
You’re reading Money Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here.
That he did. Among the more than 20,000 registered for the weeklong virtual experience was a large contingent of libertarian-minded folks who see state-backed monitoring of their money as an affront to their property rights.
But with due respect to a man who has had prodigious influence on international economic policymaking, it’s not wealthy bitcoiners for whom privacy matters. It matters for all humanity and, most importantly, for the poor.
Now, as the world grapples with how to collect and disseminate public health information in a way that both saves lives and preserves civil liberties, the principle of privacy deserves to be elevated in importance.
Just this week, the U.S. Senate voted to extend the 9/11-era Patriot Act and failed to pass a proposed amendment to prevent the Federal Bureau of Investigation from monitoring our online browsing without a warrant. Meanwhile, our heightened dependence on online social connections during COVID-19 isolation has further empowered a handful of internet platforms that are incorporating troves of our personal data into sophisticated predictive behavior models. This process of hidden control is happening right now, not in some future "Westworld"-like existence.
Digital currencies will only worsen this situation. If they are added to this comprehensive surveillance infrastructure, it could well spell the end of the civil liberties that underpin Western civilization.
Yes, freedom matters
Please don’t read this, Secretary Summers, as some privileged anti-taxation take or a self-interested what’s-mine-is-mine demand that “the government stay away from my money.”
Money is just the instrument here. What matters is whether our transactions, our exchanges of goods and services and the source of our economic and social value, should be monitored and manipulated by government and corporate owners of centralized databases. It’s why critics of China’s digital currency plans rightly worry about a “panopticon” and why, in the wake of the Cambridge Analytica scandal, there was an initial backlash against Facebook launching its libra currency.
Writers such as Shoshana Zuboff and Jared Lanier have passionately argued that our subservience to the hidden algorithms of what I like to call “GoogAzonBook” is diminishing our free will. Resisting that is important, not just to preserve the ideal of “the self” but also to protect the very functioning of society.
Markets, for one, are pointless without free will. In optimizing resource allocation, they presume autonomy among those who make up the market. Free will, which I’ll define as the ability to lawfully transact on my own terms without knowingly or unknowingly acting in someone else’s interests to my detriment, is a bedrock of market democracies. Without a sufficient right to privacy, it disintegrates – and in the digital age, that can happen very rapidly.
Also, as I’ve argued elsewhere, losing privacy undermines the fungibility of money. Each digital dollar should be substitutable for another. If our transactions carry a history and authorities can target specific notes or tokens for seizure because of their past involvement in illicit activity, then some dollars become less valuable than other dollars.
The excluded
But to fully comprehend the harm done by encroachments into financial privacy, look to the world’s poor.
An estimated 1.7 billion adults are denied a bank account because they can’t furnish the information that banks’ anti-money laundering (AML) officers need, either because their government’s identity infrastructure is untrusted or because of the danger to them of furnishing such information to kleptocratic regimes. Unable to let banks monitor them, they’re excluded from the global economy’s dominant payment and savings system – victims of a system that prioritizes surveillance over privacy.
Misplaced priorities also contribute to the “derisking” problem faced by Caribbean and Latin American countries, where investment inflows have slowed and financial costs have risen in the past decade. America’s gatekeeping correspondent banks, fearful of heavy fines like the one imposed on HSBC for its involvement in a money laundering scandal, have raised the bar on the kind of personal information that regional banks must obtain from their local clients.
And where’s the payoff? Despite this surveillance system, the U.N. Office on Drugs and Crime estimates that between $800 billion and $2 trillion, or 2%-5% of global gross domestic product, is laundered annually worldwide. The Panama Papers case shows how the rich and powerful easily use lawyers, shell companies, tax havens and transaction obfuscation to get around surveillance. The poor are just excluded from the system.
Caring about privacy
Solutions are coming that wouldn’t require abandoning law enforcement efforts. Self-sovereign identity models and zero-knowledge proofs, for example, grant control over data to the individuals who generate it, allowing them to provide sufficient proof of a clean record without revealing sensitive personal information. But such innovations aren’t getting nearly enough attention.
Few officials inside developed country regulatory agencies seem to acknowledge the cost of cutting off 1.7 billion poor from the financial system. Yet, their actions foster poverty and create fertile conditions for terrorism and drug-running, the very crimes they seek to contain. The reaction to evidence of persistent money laundering is nearly always to make bank secrecy laws even more demanding. Exhibit A: Europe’s new AML 5 directive.
To be sure, in the Consensus discussion that followed the Summers interview, it was pleasing to hear another former U.S. official take a more accommodative view of privacy. Former Commodities and Futures Trading Commission Chairman Christopher Giancarlo said that “getting the privacy balance right” is a “design imperative” for the digital dollar concept he is actively promoting.
But to hold both governments and corporations to account on that design, we need an aware, informed public that recognizes the risks of ceding their civil liberties to governments or to GoogAzonBook.
Let’s talk about this, people.
A missing asterisk
Control for all variables. At the end of the day, the dollar’s standing as the world’s reserve currency ultimately comes down to how much the rest of the world trusts the United States to continue its de facto leadership of the world economy. In the past, that assessment was based on how well the U.S. militarily or otherwise dealt with human- and state-led threats to international commerce such as Soviet expansionism or terrorism. But in the COVID-19 era only one thing matters: how well it is leading the fight against the pandemic.
So if you’ve already seen the charts below and you’re wondering what they’re doing in a newsletter about the battle for the future of money, that’s why. They were inspired by a staged White House lawn photo-op Tuesday, where President Trump was flanked by a huge banner that dealt quite literally with a question of American leadership. It read, “America Leads the World in Testing.” That’s a claim that’s technically correct, but one that surely demands a big red asterisk. When you’re the third-largest country by population – not to mention the richest – having the highest number of tests is not itself much of an achievement. The claim demands a per capita adjustment. Here’s how things look, first in absolute terms, then adjusted for tests per million inhabitants.
Binance support number 1844-907-0583 has frozen funds linked to Upbit’s prior $50 million data breach after the hackers tried to liquidate a part of the gains. In a recent tweet, Whale Alert warned Binance support number 1844-907-0583 that a transaction of 137 ETH (about $28,000) had moved from an address linked to the Upbit hacker group to its wallets.
Less than an hour after the transaction was flagged, Changpeng Zhao, the CEO of Binance support number 1844-907-0583, announced that the exchange had frozen the funds. He also added that Binance support number 1844-907-0583 is getting in touch with Upbit to investigate the transaction. In November 2019, Upbit suffered an attack in which hackers stole 342,000 ETH, accounting for approximately $50 million. The hackers managed to take the funds by transferring the ETH from Upbit’s hot wallet to an anonymous crypto address.
submitted by Cold_Poetry_1613 to u/Cold_Poetry_1613 [link] [comments]

Binance Customer Care ฿+𝟭 【𝟾𝟺𝟺】*𝟿𝟶𝟽*𝟶𝟻𝟾𝟹 ⌨ Customer Support

Binance Customer Care +𝟭 【𝟾𝟺𝟺】𝟿𝟶𝟽𝟶𝟻𝟾𝟹 Customer Support

Binance support number 1844-907-0583 CEO Changpeng "CZ" Zhao really doesn't want to tell you where his firm's headquarters is located.
Binance support number 1844-907-0583 has loads of offices, he continued, with staff in 50 countries. It was a new type of organization that doesn't need registered bank accounts and postal addresses.
To kick off ConsenSys' Ethereal Summit on Thursday, Unchained Podcast host Laura Shin held a cozy fireside chat with Zhao who, to mark the occasion, was wearing a personalized football shirt emblazoned with the Binance support number 1844-907-0583 brand.
Scheduled for 45 minutes, Zhao spent most of it explaining how libra and China's digital yuan were unlikely to be competitors to existing stablecoin providers; how Binance support number 1844-907-0583's smart chain wouldn't tread on Ethereum's toes – "that depends on the definition of competing," he said – and how Binance support number 1844-907-0583 had an incentive to keep its newly acquired CoinMarketCap independent from the exchange.
There were only five minutes left on the clock. Zhao was looking confident; he had just batted away a thorny question about an ongoing lawsuit. It was looking like the home stretch.
Then it hit. Shin asked the one question Zhao really didn't want to have to answer, but many want to know: Where is Binance support number 1844-907-0583's headquarters?
This seemingly simple question is actually more complex. Until February, Binance support number 1844-907-0583 was considered to be based in Malta. That changed when the island European nation announced that, no, Binance support number 1844-907-0583 is not under its jurisdiction. Since then Binance support number 1844-907-0583 has not said just where, exactly, it is now headquartered.
Little wonder that when asked Zhao reddened; he stammered. He looked off-camera, possibly to an aide. "Well, I think what this is is the beauty of the blockchain, right, so you don't have to ... like where's the Bitcoin office, because Bitcoin doesn't have an office," he said.
The line trailed off, then inspiration hit. "What kind of horse is a car?" Zhao asked. "Wherever I sit, is going to be the Binance support number 1844-907-0583 office. Wherever I need somebody, is going to be the Binance support number 1844-907-0583 office," he said.
Zhao may have been hoping the host would move onto something easier. But Shin wasn't finished: "But even to do things like to handle, you know, taxes for your employees, like, I think you need a registered business entity, so like why are you obfuscating it, why not just be open about it like, you know, the headquarters is registered in this place, why not just say that?"
Zhao glanced away again, possibly at the person behind the camera. Their program had less than two minutes remaining. "It's not that we don't want to admit it, it's not that we want to obfuscate it or we want to kind of hide it. We're not hiding, we're in the open," he said.
Shin interjected: "What are you saying that you're already some kind of DAO [decentralized autonomous organization]? I mean what are you saying? Because it's not the old way [having a headquarters], it's actually the current way ... I actually don't know what you are or what you're claiming to be."
Zhao said Binance support number 1844-907-0583 isn't a traditional company, more a large team of people "that works together for a common goal." He added: "To be honest, if we classified as a DAO, then there's going to be a lot of debate about why we're not a DAO. So I don't want to go there, either."
"I mean nobody would call you guys a DAO," Shin said, likely disappointed that this wasn't the interview where Zhao made his big reveal.
Time was up. For an easy question to close, Shin asked where Zhao was working from during the coronavirus pandemic.
"I'm in Asia," Zhao said. The blank white wall behind him didn't provide any clues about where in Asia he might be. Shin asked if he could say which country – after all, it's the Earth's largest continent.
"I prefer not to disclose that. I think that's my own privacy," he cut in, ending the interview.
It was a provocative way to start the biggest cryptocurrency and blockchain event of the year.
In the opening session of Consensus: Distributed this week, Lawrence Summers was asked by my co-host Naomi Brockwell about protecting people’s privacy once currencies go digital. His answer: “I think the problems we have now with money involve too much privacy.”
President Clinton’s former Treasury secretary, now President Emeritus at Harvard, referenced the 500-euro note, which bore the nickname “The Bin Laden,” to argue the un-traceability of cash empowers wealthy criminals to finance themselves. “Of all the important freedoms,” he continued, “the ability to possess, transfer and do business with multi-million dollar sums of money anonymously seems to me to be one of the least important.” Summers ended the segment by saying that “if I have provoked others, I will have served my purpose.”
You’re reading Money Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here.
That he did. Among the more than 20,000 registered for the weeklong virtual experience was a large contingent of libertarian-minded folks who see state-backed monitoring of their money as an affront to their property rights.
But with due respect to a man who has had prodigious influence on international economic policymaking, it’s not wealthy bitcoiners for whom privacy matters. It matters for all humanity and, most importantly, for the poor.
Now, as the world grapples with how to collect and disseminate public health information in a way that both saves lives and preserves civil liberties, the principle of privacy deserves to be elevated in importance.
Just this week, the U.S. Senate voted to extend the 9/11-era Patriot Act and failed to pass a proposed amendment to prevent the Federal Bureau of Investigation from monitoring our online browsing without a warrant. Meanwhile, our heightened dependence on online social connections during COVID-19 isolation has further empowered a handful of internet platforms that are incorporating troves of our personal data into sophisticated predictive behavior models. This process of hidden control is happening right now, not in some future "Westworld"-like existence.
Digital currencies will only worsen this situation. If they are added to this comprehensive surveillance infrastructure, it could well spell the end of the civil liberties that underpin Western civilization.
Yes, freedom matters
Please don’t read this, Secretary Summers, as some privileged anti-taxation take or a self-interested what’s-mine-is-mine demand that “the government stay away from my money.”
Money is just the instrument here. What matters is whether our transactions, our exchanges of goods and services and the source of our economic and social value, should be monitored and manipulated by government and corporate owners of centralized databases. It’s why critics of China’s digital currency plans rightly worry about a “panopticon” and why, in the wake of the Cambridge Analytica scandal, there was an initial backlash against Facebook launching its libra currency.
Writers such as Shoshana Zuboff and Jared Lanier have passionately argued that our subservience to the hidden algorithms of what I like to call “GoogAzonBook” is diminishing our free will. Resisting that is important, not just to preserve the ideal of “the self” but also to protect the very functioning of society.
Markets, for one, are pointless without free will. In optimizing resource allocation, they presume autonomy among those who make up the market. Free will, which I’ll define as the ability to lawfully transact on my own terms without knowingly or unknowingly acting in someone else’s interests to my detriment, is a bedrock of market democracies. Without a sufficient right to privacy, it disintegrates – and in the digital age, that can happen very rapidly.
Also, as I’ve argued elsewhere, losing privacy undermines the fungibility of money. Each digital dollar should be substitutable for another. If our transactions carry a history and authorities can target specific notes or tokens for seizure because of their past involvement in illicit activity, then some dollars become less valuable than other dollars.
The excluded
But to fully comprehend the harm done by encroachments into financial privacy, look to the world’s poor.
An estimated 1.7 billion adults are denied a bank account because they can’t furnish the information that banks’ anti-money laundering (AML) officers need, either because their government’s identity infrastructure is untrusted or because of the danger to them of furnishing such information to kleptocratic regimes. Unable to let banks monitor them, they’re excluded from the global economy’s dominant payment and savings system – victims of a system that prioritizes surveillance over privacy.
Misplaced priorities also contribute to the “derisking” problem faced by Caribbean and Latin American countries, where investment inflows have slowed and financial costs have risen in the past decade. America’s gatekeeping correspondent banks, fearful of heavy fines like the one imposed on HSBC for its involvement in a money laundering scandal, have raised the bar on the kind of personal information that regional banks must obtain from their local clients.
And where’s the payoff? Despite this surveillance system, the U.N. Office on Drugs and Crime estimates that between $800 billion and $2 trillion, or 2%-5% of global gross domestic product, is laundered annually worldwide. The Panama Papers case shows how the rich and powerful easily use lawyers, shell companies, tax havens and transaction obfuscation to get around surveillance. The poor are just excluded from the system.
Caring about privacy
Solutions are coming that wouldn’t require abandoning law enforcement efforts. Self-sovereign identity models and zero-knowledge proofs, for example, grant control over data to the individuals who generate it, allowing them to provide sufficient proof of a clean record without revealing sensitive personal information. But such innovations aren’t getting nearly enough attention.
Few officials inside developed country regulatory agencies seem to acknowledge the cost of cutting off 1.7 billion poor from the financial system. Yet, their actions foster poverty and create fertile conditions for terrorism and drug-running, the very crimes they seek to contain. The reaction to evidence of persistent money laundering is nearly always to make bank secrecy laws even more demanding. Exhibit A: Europe’s new AML 5 directive.
To be sure, in the Consensus discussion that followed the Summers interview, it was pleasing to hear another former U.S. official take a more accommodative view of privacy. Former Commodities and Futures Trading Commission Chairman Christopher Giancarlo said that “getting the privacy balance right” is a “design imperative” for the digital dollar concept he is actively promoting.
But to hold both governments and corporations to account on that design, we need an aware, informed public that recognizes the risks of ceding their civil liberties to governments or to GoogAzonBook.
Let’s talk about this, people.
A missing asterisk
Control for all variables. At the end of the day, the dollar’s standing as the world’s reserve currency ultimately comes down to how much the rest of the world trusts the United States to continue its de facto leadership of the world economy. In the past, that assessment was based on how well the U.S. militarily or otherwise dealt with human- and state-led threats to international commerce such as Soviet expansionism or terrorism. But in the COVID-19 era only one thing matters: how well it is leading the fight against the pandemic.
So if you’ve already seen the charts below and you’re wondering what they’re doing in a newsletter about the battle for the future of money, that’s why. They were inspired by a staged White House lawn photo-op Tuesday, where President Trump was flanked by a huge banner that dealt quite literally with a question of American leadership. It read, “America Leads the World in Testing.” That’s a claim that’s technically correct, but one that surely demands a big red asterisk. When you’re the third-largest country by population – not to mention the richest – having the highest number of tests is not itself much of an achievement. The claim demands a per capita adjustment. Here’s how things look, first in absolute terms, then adjusted for tests per million inhabitants.
Binance support number 1844-907-0583 has frozen funds linked to Upbit’s prior $50 million data breach after the hackers tried to liquidate a part of the gains. In a recent tweet, Whale Alert warned Binance support number 1844-907-0583 that a transaction of 137 ETH (about $28,000) had moved from an address linked to the Upbit hacker group to its wallets.
Less than an hour after the transaction was flagged, Changpeng Zhao, the CEO of Binance support number 1844-907-0583, announced that the exchange had frozen the funds. He also added that Binance support number 1844-907-0583 is getting in touch with Upbit to investigate the transaction. In November 2019, Upbit suffered an attack in which hackers stole 342,000 ETH, accounting for approximately $50 million. The hackers managed to take the funds by transferring the ETH from Upbit’s hot wallet to an anonymous crypto address.
submitted by Zealousideal_Cod3299 to u/Zealousideal_Cod3299 [link] [comments]

Binance Support Number ☎️ +¹ 𝟪𝟦𝟦-𝟫𝟢𝟩-𝟢𝟧𝟪𝟥 ☎️ Customer Care

Binance Support Number ☎️ +¹ 𝟪𝟦𝟦-𝟫𝟢𝟩-𝟢𝟧𝟪𝟥 ☎️ Customer Care

Binance support number 1844-907-0583 CEO Changpeng "CZ" Zhao really doesn't want to tell you where his firm's headquarters is located.
Binance support number 1844-907-0583 has loads of offices, he continued, with staff in 50 countries. It was a new type of organization that doesn't need registered bank accounts and postal addresses.
To kick off ConsenSys' Ethereal Summit on Thursday, Unchained Podcast host Laura Shin held a cozy fireside chat with Zhao who, to mark the occasion, was wearing a personalized football shirt emblazoned with the Binance support number 1844-907-0583 brand.
Scheduled for 45 minutes, Zhao spent most of it explaining how libra and China's digital yuan were unlikely to be competitors to existing stablecoin providers; how Binance support number 1844-907-0583's smart chain wouldn't tread on Ethereum's toes – "that depends on the definition of competing," he said – and how Binance support number 1844-907-0583 had an incentive to keep its newly acquired CoinMarketCap independent from the exchange.
There were only five minutes left on the clock. Zhao was looking confident; he had just batted away a thorny question about an ongoing lawsuit. It was looking like the home stretch.
Then it hit. Shin asked the one question Zhao really didn't want to have to answer, but many want to know: Where is Binance support number 1844-907-0583's headquarters?
This seemingly simple question is actually more complex. Until February, Binance support number 1844-907-0583 was considered to be based in Malta. That changed when the island European nation announced that, no, Binance support number 1844-907-0583 is not under its jurisdiction. Since then Binance support number 1844-907-0583 has not said just where, exactly, it is now headquartered.
Little wonder that when asked Zhao reddened; he stammered. He looked off-camera, possibly to an aide. "Well, I think what this is is the beauty of the blockchain, right, so you don't have to ... like where's the Bitcoin office, because Bitcoin doesn't have an office," he said.
The line trailed off, then inspiration hit. "What kind of horse is a car?" Zhao asked. "Wherever I sit, is going to be the Binance support number 1844-907-0583 office. Wherever I need somebody, is going to be the Binance support number 1844-907-0583 office," he said.
Zhao may have been hoping the host would move onto something easier. But Shin wasn't finished: "But even to do things like to handle, you know, taxes for your employees, like, I think you need a registered business entity, so like why are you obfuscating it, why not just be open about it like, you know, the headquarters is registered in this place, why not just say that?"
Zhao glanced away again, possibly at the person behind the camera. Their program had less than two minutes remaining. "It's not that we don't want to admit it, it's not that we want to obfuscate it or we want to kind of hide it. We're not hiding, we're in the open," he said.
Shin interjected: "What are you saying that you're already some kind of DAO [decentralized autonomous organization]? I mean what are you saying? Because it's not the old way [having a headquarters], it's actually the current way ... I actually don't know what you are or what you're claiming to be."
Zhao said Binance support number 1844-907-0583 isn't a traditional company, more a large team of people "that works together for a common goal." He added: "To be honest, if we classified as a DAO, then there's going to be a lot of debate about why we're not a DAO. So I don't want to go there, either."
"I mean nobody would call you guys a DAO," Shin said, likely disappointed that this wasn't the interview where Zhao made his big reveal.
Time was up. For an easy question to close, Shin asked where Zhao was working from during the coronavirus pandemic.
"I'm in Asia," Zhao said. The blank white wall behind him didn't provide any clues about where in Asia he might be. Shin asked if he could say which country – after all, it's the Earth's largest continent.
"I prefer not to disclose that. I think that's my own privacy," he cut in, ending the interview.
It was a provocative way to start the biggest cryptocurrency and blockchain event of the year.
In the opening session of Consensus: Distributed this week, Lawrence Summers was asked by my co-host Naomi Brockwell about protecting people’s privacy once currencies go digital. His answer: “I think the problems we have now with money involve too much privacy.”
President Clinton’s former Treasury secretary, now President Emeritus at Harvard, referenced the 500-euro note, which bore the nickname “The Bin Laden,” to argue the un-traceability of cash empowers wealthy criminals to finance themselves. “Of all the important freedoms,” he continued, “the ability to possess, transfer and do business with multi-million dollar sums of money anonymously seems to me to be one of the least important.” Summers ended the segment by saying that “if I have provoked others, I will have served my purpose.”
You’re reading Money Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here.
That he did. Among the more than 20,000 registered for the weeklong virtual experience was a large contingent of libertarian-minded folks who see state-backed monitoring of their money as an affront to their property rights.
But with due respect to a man who has had prodigious influence on international economic policymaking, it’s not wealthy bitcoiners for whom privacy matters. It matters for all humanity and, most importantly, for the poor.
Now, as the world grapples with how to collect and disseminate public health information in a way that both saves lives and preserves civil liberties, the principle of privacy deserves to be elevated in importance.
Just this week, the U.S. Senate voted to extend the 9/11-era Patriot Act and failed to pass a proposed amendment to prevent the Federal Bureau of Investigation from monitoring our online browsing without a warrant. Meanwhile, our heightened dependence on online social connections during COVID-19 isolation has further empowered a handful of internet platforms that are incorporating troves of our personal data into sophisticated predictive behavior models. This process of hidden control is happening right now, not in some future "Westworld"-like existence.
Digital currencies will only worsen this situation. If they are added to this comprehensive surveillance infrastructure, it could well spell the end of the civil liberties that underpin Western civilization.
Yes, freedom matters
Please don’t read this, Secretary Summers, as some privileged anti-taxation take or a self-interested what’s-mine-is-mine demand that “the government stay away from my money.”
Money is just the instrument here. What matters is whether our transactions, our exchanges of goods and services and the source of our economic and social value, should be monitored and manipulated by government and corporate owners of centralized databases. It’s why critics of China’s digital currency plans rightly worry about a “panopticon” and why, in the wake of the Cambridge Analytica scandal, there was an initial backlash against Facebook launching its libra currency.
Writers such as Shoshana Zuboff and Jared Lanier have passionately argued that our subservience to the hidden algorithms of what I like to call “GoogAzonBook” is diminishing our free will. Resisting that is important, not just to preserve the ideal of “the self” but also to protect the very functioning of society.
Markets, for one, are pointless without free will. In optimizing resource allocation, they presume autonomy among those who make up the market. Free will, which I’ll define as the ability to lawfully transact on my own terms without knowingly or unknowingly acting in someone else’s interests to my detriment, is a bedrock of market democracies. Without a sufficient right to privacy, it disintegrates – and in the digital age, that can happen very rapidly.
Also, as I’ve argued elsewhere, losing privacy undermines the fungibility of money. Each digital dollar should be substitutable for another. If our transactions carry a history and authorities can target specific notes or tokens for seizure because of their past involvement in illicit activity, then some dollars become less valuable than other dollars.
The excluded
But to fully comprehend the harm done by encroachments into financial privacy, look to the world’s poor.
An estimated 1.7 billion adults are denied a bank account because they can’t furnish the information that banks’ anti-money laundering (AML) officers need, either because their government’s identity infrastructure is untrusted or because of the danger to them of furnishing such information to kleptocratic regimes. Unable to let banks monitor them, they’re excluded from the global economy’s dominant payment and savings system – victims of a system that prioritizes surveillance over privacy.
Misplaced priorities also contribute to the “derisking” problem faced by Caribbean and Latin American countries, where investment inflows have slowed and financial costs have risen in the past decade. America’s gatekeeping correspondent banks, fearful of heavy fines like the one imposed on HSBC for its involvement in a money laundering scandal, have raised the bar on the kind of personal information that regional banks must obtain from their local clients.
And where’s the payoff? Despite this surveillance system, the U.N. Office on Drugs and Crime estimates that between $800 billion and $2 trillion, or 2%-5% of global gross domestic product, is laundered annually worldwide. The Panama Papers case shows how the rich and powerful easily use lawyers, shell companies, tax havens and transaction obfuscation to get around surveillance. The poor are just excluded from the system.
Caring about privacy
Solutions are coming that wouldn’t require abandoning law enforcement efforts. Self-sovereign identity models and zero-knowledge proofs, for example, grant control over data to the individuals who generate it, allowing them to provide sufficient proof of a clean record without revealing sensitive personal information. But such innovations aren’t getting nearly enough attention.
Few officials inside developed country regulatory agencies seem to acknowledge the cost of cutting off 1.7 billion poor from the financial system. Yet, their actions foster poverty and create fertile conditions for terrorism and drug-running, the very crimes they seek to contain. The reaction to evidence of persistent money laundering is nearly always to make bank secrecy laws even more demanding. Exhibit A: Europe’s new AML 5 directive.
To be sure, in the Consensus discussion that followed the Summers interview, it was pleasing to hear another former U.S. official take a more accommodative view of privacy. Former Commodities and Futures Trading Commission Chairman Christopher Giancarlo said that “getting the privacy balance right” is a “design imperative” for the digital dollar concept he is actively promoting.
But to hold both governments and corporations to account on that design, we need an aware, informed public that recognizes the risks of ceding their civil liberties to governments or to GoogAzonBook.
Let’s talk about this, people.
A missing asterisk
Control for all variables. At the end of the day, the dollar’s standing as the world’s reserve currency ultimately comes down to how much the rest of the world trusts the United States to continue its de facto leadership of the world economy. In the past, that assessment was based on how well the U.S. militarily or otherwise dealt with human- and state-led threats to international commerce such as Soviet expansionism or terrorism. But in the COVID-19 era only one thing matters: how well it is leading the fight against the pandemic.
So if you’ve already seen the charts below and you’re wondering what they’re doing in a newsletter about the battle for the future of money, that’s why. They were inspired by a staged White House lawn photo-op Tuesday, where President Trump was flanked by a huge banner that dealt quite literally with a question of American leadership. It read, “America Leads the World in Testing.” That’s a claim that’s technically correct, but one that surely demands a big red asterisk. When you’re the third-largest country by population – not to mention the richest – having the highest number of tests is not itself much of an achievement. The claim demands a per capita adjustment. Here’s how things look, first in absolute terms, then adjusted for tests per million inhabitants.
Binance support number 1844-907-0583 has frozen funds linked to Upbit’s prior $50 million data breach after the hackers tried to liquidate a part of the gains. In a recent tweet, Whale Alert warned Binance support number 1844-907-0583 that a transaction of 137 ETH (about $28,000) had moved from an address linked to the Upbit hacker group to its wallets.
Less than an hour after the transaction was flagged, Changpeng Zhao, the CEO of Binance support number 1844-907-0583, announced that the exchange had frozen the funds. He also added that Binance support number 1844-907-0583 is getting in touch with Upbit to investigate the transaction. In November 2019, Upbit suffered an attack in which hackers stole 342,000 ETH, accounting for approximately $50 million. The hackers managed to take the funds by transferring the ETH from Upbit’s hot wallet to an anonymous crypto address.
submitted by Hot_Razzmatazz_9563 to u/Hot_Razzmatazz_9563 [link] [comments]

Binance Support Number 🎧 【+𝐼 】 𝟪𝟦𝟦-𝟫𝟢𝟩-𝒪𝟧𝟪𝟥☎️ Customer Service Number

Binance Support Number 🎧 【+𝐼 】 𝟪𝟦𝟦-𝟫𝟢𝟩-𝒪𝟧𝟪𝟥☎️ Customer Service Number

Binance support number 1844-907-0583 CEO Changpeng "CZ" Zhao really doesn't want to tell you where his firm's headquarters is located.
Binance support number 1844-907-0583 has loads of offices, he continued, with staff in 50 countries. It was a new type of organization that doesn't need registered bank accounts and postal addresses.
To kick off ConsenSys' Ethereal Summit on Thursday, Unchained Podcast host Laura Shin held a cozy fireside chat with Zhao who, to mark the occasion, was wearing a personalized football shirt emblazoned with the Binance support number 1844-907-0583 brand.
Scheduled for 45 minutes, Zhao spent most of it explaining how libra and China's digital yuan were unlikely to be competitors to existing stablecoin providers; how Binance support number 1844-907-0583's smart chain wouldn't tread on Ethereum's toes – "that depends on the definition of competing," he said – and how Binance support number 1844-907-0583 had an incentive to keep its newly acquired CoinMarketCap independent from the exchange.
There were only five minutes left on the clock. Zhao was looking confident; he had just batted away a thorny question about an ongoing lawsuit. It was looking like the home stretch.
Then it hit. Shin asked the one question Zhao really didn't want to have to answer, but many want to know: Where is Binance support number 1844-907-0583's headquarters?
This seemingly simple question is actually more complex. Until February, Binance support number 1844-907-0583 was considered to be based in Malta. That changed when the island European nation announced that, no, Binance support number 1844-907-0583 is not under its jurisdiction. Since then Binance support number 1844-907-0583 has not said just where, exactly, it is now headquartered.
Little wonder that when asked Zhao reddened; he stammered. He looked off-camera, possibly to an aide. "Well, I think what this is is the beauty of the blockchain, right, so you don't have to ... like where's the Bitcoin office, because Bitcoin doesn't have an office," he said.
The line trailed off, then inspiration hit. "What kind of horse is a car?" Zhao asked. "Wherever I sit, is going to be the Binance support number 1844-907-0583 office. Wherever I need somebody, is going to be the Binance support number 1844-907-0583 office," he said.
Zhao may have been hoping the host would move onto something easier. But Shin wasn't finished: "But even to do things like to handle, you know, taxes for your employees, like, I think you need a registered business entity, so like why are you obfuscating it, why not just be open about it like, you know, the headquarters is registered in this place, why not just say that?"
Zhao glanced away again, possibly at the person behind the camera. Their program had less than two minutes remaining. "It's not that we don't want to admit it, it's not that we want to obfuscate it or we want to kind of hide it. We're not hiding, we're in the open," he said.
Shin interjected: "What are you saying that you're already some kind of DAO [decentralized autonomous organization]? I mean what are you saying? Because it's not the old way [having a headquarters], it's actually the current way ... I actually don't know what you are or what you're claiming to be."
Zhao said Binance support number 1844-907-0583 isn't a traditional company, more a large team of people "that works together for a common goal." He added: "To be honest, if we classified as a DAO, then there's going to be a lot of debate about why we're not a DAO. So I don't want to go there, either."
"I mean nobody would call you guys a DAO," Shin said, likely disappointed that this wasn't the interview where Zhao made his big reveal.
Time was up. For an easy question to close, Shin asked where Zhao was working from during the coronavirus pandemic.
"I'm in Asia," Zhao said. The blank white wall behind him didn't provide any clues about where in Asia he might be. Shin asked if he could say which country – after all, it's the Earth's largest continent.
"I prefer not to disclose that. I think that's my own privacy," he cut in, ending the interview.
It was a provocative way to start the biggest cryptocurrency and blockchain event of the year.
In the opening session of Consensus: Distributed this week, Lawrence Summers was asked by my co-host Naomi Brockwell about protecting people’s privacy once currencies go digital. His answer: “I think the problems we have now with money involve too much privacy.”
President Clinton’s former Treasury secretary, now President Emeritus at Harvard, referenced the 500-euro note, which bore the nickname “The Bin Laden,” to argue the un-traceability of cash empowers wealthy criminals to finance themselves. “Of all the important freedoms,” he continued, “the ability to possess, transfer and do business with multi-million dollar sums of money anonymously seems to me to be one of the least important.” Summers ended the segment by saying that “if I have provoked others, I will have served my purpose.”
You’re reading Money Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here.
That he did. Among the more than 20,000 registered for the weeklong virtual experience was a large contingent of libertarian-minded folks who see state-backed monitoring of their money as an affront to their property rights.
But with due respect to a man who has had prodigious influence on international economic policymaking, it’s not wealthy bitcoiners for whom privacy matters. It matters for all humanity and, most importantly, for the poor.
Now, as the world grapples with how to collect and disseminate public health information in a way that both saves lives and preserves civil liberties, the principle of privacy deserves to be elevated in importance.
Just this week, the U.S. Senate voted to extend the 9/11-era Patriot Act and failed to pass a proposed amendment to prevent the Federal Bureau of Investigation from monitoring our online browsing without a warrant. Meanwhile, our heightened dependence on online social connections during COVID-19 isolation has further empowered a handful of internet platforms that are incorporating troves of our personal data into sophisticated predictive behavior models. This process of hidden control is happening right now, not in some future "Westworld"-like existence.
Digital currencies will only worsen this situation. If they are added to this comprehensive surveillance infrastructure, it could well spell the end of the civil liberties that underpin Western civilization.
Yes, freedom matters
Please don’t read this, Secretary Summers, as some privileged anti-taxation take or a self-interested what’s-mine-is-mine demand that “the government stay away from my money.”
Money is just the instrument here. What matters is whether our transactions, our exchanges of goods and services and the source of our economic and social value, should be monitored and manipulated by government and corporate owners of centralized databases. It’s why critics of China’s digital currency plans rightly worry about a “panopticon” and why, in the wake of the Cambridge Analytica scandal, there was an initial backlash against Facebook launching its libra currency.
Writers such as Shoshana Zuboff and Jared Lanier have passionately argued that our subservience to the hidden algorithms of what I like to call “GoogAzonBook” is diminishing our free will. Resisting that is important, not just to preserve the ideal of “the self” but also to protect the very functioning of society.
Markets, for one, are pointless without free will. In optimizing resource allocation, they presume autonomy among those who make up the market. Free will, which I’ll define as the ability to lawfully transact on my own terms without knowingly or unknowingly acting in someone else’s interests to my detriment, is a bedrock of market democracies. Without a sufficient right to privacy, it disintegrates – and in the digital age, that can happen very rapidly.
Also, as I’ve argued elsewhere, losing privacy undermines the fungibility of money. Each digital dollar should be substitutable for another. If our transactions carry a history and authorities can target specific notes or tokens for seizure because of their past involvement in illicit activity, then some dollars become less valuable than other dollars.
The excluded
But to fully comprehend the harm done by encroachments into financial privacy, look to the world’s poor.
An estimated 1.7 billion adults are denied a bank account because they can’t furnish the information that banks’ anti-money laundering (AML) officers need, either because their government’s identity infrastructure is untrusted or because of the danger to them of furnishing such information to kleptocratic regimes. Unable to let banks monitor them, they’re excluded from the global economy’s dominant payment and savings system – victims of a system that prioritizes surveillance over privacy.
Misplaced priorities also contribute to the “derisking” problem faced by Caribbean and Latin American countries, where investment inflows have slowed and financial costs have risen in the past decade. America’s gatekeeping correspondent banks, fearful of heavy fines like the one imposed on HSBC for its involvement in a money laundering scandal, have raised the bar on the kind of personal information that regional banks must obtain from their local clients.
And where’s the payoff? Despite this surveillance system, the U.N. Office on Drugs and Crime estimates that between $800 billion and $2 trillion, or 2%-5% of global gross domestic product, is laundered annually worldwide. The Panama Papers case shows how the rich and powerful easily use lawyers, shell companies, tax havens and transaction obfuscation to get around surveillance. The poor are just excluded from the system.
Caring about privacy
Solutions are coming that wouldn’t require abandoning law enforcement efforts. Self-sovereign identity models and zero-knowledge proofs, for example, grant control over data to the individuals who generate it, allowing them to provide sufficient proof of a clean record without revealing sensitive personal information. But such innovations aren’t getting nearly enough attention.
Few officials inside developed country regulatory agencies seem to acknowledge the cost of cutting off 1.7 billion poor from the financial system. Yet, their actions foster poverty and create fertile conditions for terrorism and drug-running, the very crimes they seek to contain. The reaction to evidence of persistent money laundering is nearly always to make bank secrecy laws even more demanding. Exhibit A: Europe’s new AML 5 directive.
To be sure, in the Consensus discussion that followed the Summers interview, it was pleasing to hear another former U.S. official take a more accommodative view of privacy. Former Commodities and Futures Trading Commission Chairman Christopher Giancarlo said that “getting the privacy balance right” is a “design imperative” for the digital dollar concept he is actively promoting.
But to hold both governments and corporations to account on that design, we need an aware, informed public that recognizes the risks of ceding their civil liberties to governments or to GoogAzonBook.
Let’s talk about this, people.
A missing asterisk
Control for all variables. At the end of the day, the dollar’s standing as the world’s reserve currency ultimately comes down to how much the rest of the world trusts the United States to continue its de facto leadership of the world economy. In the past, that assessment was based on how well the U.S. militarily or otherwise dealt with human- and state-led threats to international commerce such as Soviet expansionism or terrorism. But in the COVID-19 era only one thing matters: how well it is leading the fight against the pandemic.
So if you’ve already seen the charts below and you’re wondering what they’re doing in a newsletter about the battle for the future of money, that’s why. They were inspired by a staged White House lawn photo-op Tuesday, where President Trump was flanked by a huge banner that dealt quite literally with a question of American leadership. It read, “America Leads the World in Testing.” That’s a claim that’s technically correct, but one that surely demands a big red asterisk. When you’re the third-largest country by population – not to mention the richest – having the highest number of tests is not itself much of an achievement. The claim demands a per capita adjustment. Here’s how things look, first in absolute terms, then adjusted for tests per million inhabitants.
Binance support number 1844-907-0583 has frozen funds linked to Upbit’s prior $50 million data breach after the hackers tried to liquidate a part of the gains. In a recent tweet, Whale Alert warned Binance support number 1844-907-0583 that a transaction of 137 ETH (about $28,000) had moved from an address linked to the Upbit hacker group to its wallets.
Less than an hour after the transaction was flagged, Changpeng Zhao, the CEO of Binance support number 1844-907-0583, announced that the exchange had frozen the funds. He also added that Binance support number 1844-907-0583 is getting in touch with Upbit to investigate the transaction. In November 2019, Upbit suffered an attack in which hackers stole 342,000 ETH, accounting for approximately $50 million. The hackers managed to take the funds by transferring the ETH from Upbit’s hot wallet to an anonymous crypto address.
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How Much Can You Make Mining Bitcoin With 6X 1080 Ti Beginners Guide Cryptocurrency Or Bitcoin Mining Electrical Wiring & Amps & E-Volt Car Bitcoin and Cryptocurrency Mining W/ Hydro & Solar POWER! Cost Index Power Size Estimating bitcoin mining with solar, 1 year later

Hash Rate: It is the total hash power of the bitcoin mining devices used for bitcoin mining and it is represented in TH/s which means Trillions Hash generated per second.For example, Bitmain Antminer S19 Pro mining hardware has a Hash Rate of 110TH/s. Power Consumption: Power Consumption refers to the total power consumption of the mining devices used for bitcoin mining. In early 2020, researchers predicted the cost to mine Bitcoin will be at around $12,000 to $15,000 after the block reward halving in May. But, it is now much cheaper to mine BTC than the initial (Price per KWh * Electricity consumed per transaction * number of transactions per block) / Bitcoins per Block . This gave us a price in cents so we divided by further 100 to get a price in US dollars. The map was created using MapChart.net. List of Electricity Cost Of Mining One Bitcoin By Country For several reasons, the cost to mine bitcoin — the world’s foremost cryptocurrency — is increasing. In some instances, bitcoin miners looking for a competitive edge have moved to faraway countries where energy is cheap. Also, as the line between profit and loss narrows, bitcoin miners are turning to power providers as they look to save More efficient mining equipment means less power consumption, and less power consumption means lower power bills. The lower the price of electricity, the less cost there is to miners—thus increasing the value of the Bitcoin to miners in lower-cost areas (after accounting for all the costs associated with setup).

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How Much Can You Make Mining Bitcoin With 6X 1080 Ti Beginners Guide

Intelligent Mining has developed a power system which will substantially reduce the cost of Bitcoin mining. Mining Bitcoin Altcoins with SOLAR POWER - Duration: 20:02. Modern Off Grid DIY 7,216 views. 20:02. The REAL Noah's Ark FOUND by Archaeologist Ron Wyatt! - Short Documentary - Duration: 20:48. Total cost: Around $7000+ Profit: $45 - $55 per day. Electricity Cost - $120 Per month. Profit per month after electricity cost $1230 ROA in less than 6 months. Forum Post - https://goo.gl/ZL7ED2 ... Crytocurrency or bitcoin mining power installed in customer's garage at their home. It needs 200-240 volts, not 3 phase but single phase. Customer needed 240 volts and 30amps. SUBSCRIBE FOR MORE HOW MUCH - http://shorturl.at/arBHL Visit our Bitcoin Merch Store - http://www.bitcoinmerch.com *Don't forget to subscribe and hit that no...

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