Bitcoin Speed: 7 Transactions Per Second? - Bitcoin Stack

Keep on minting my friends

http://www.mintcoinofficial.eu/ Mintcoin is a community owned and operated pure proof-of-stake crypto-coin. Save your coins in your wallet and earn the annual percentage rate while securing the Mintcoin network. Fast. Secure. Energy Efficient. Digital Internet Money. Mintcoins literally mint coins. Join us, we'll teach you how to mint coins. Start the process of minting your own coins today!
[link]

Vanillacoin - A superior form of cryptocurrency

Vanillacoin - a superior form of cryptocurrency. Vanillacoin is not a clone of Bitcoin or Peercoin, it was engineered from the ground up and is designed to be innovative and forward-thinking. It prevents eavesdropping and censorship and has security in mind. It also promotes decentralized and energy efficient network transactions at sub second speeds.
[link]

r/IOTAmarkets

Welcome to IOTAmarkets! -- IOTA is a quantum-resistant distributed ledger protocol launched in 2015, focused on being useful for the emerging m2m economy of Internet-of-Things (IoT), data integrity, micro-/nano- payments, and anywhere else a scalable decentralized system is warranted. IOTA uniquely offers zero fees, no scaling limitations, and decentralized consensus where users are also validators. The digital currency 'iota' has a fixed money supply with zero inflationary cost.
[link]

We're incredibly excited that the media is picking up on our recent development update, when we announced the OAX platform achieves over 1,000 Transactions per Second (TPS)! 👏 A big thank you to Bitcoin Exchange Guide for the write-up and feature.

We're incredibly excited that the media is picking up on our recent development update, when we announced the OAX platform achieves over 1,000 Transactions per Second (TPS)! 👏 A big thank you to Bitcoin Exchange Guide for the write-up and feature. submitted by OAX_Foundation to OpenANX [link] [comments]

Second Market bitcoin exchange is now open for interested buyers & sellers; minimum 25 bitcoins per transaction.

Second Market bitcoin exchange is now open for interested buyers & sellers; minimum 25 bitcoins per transaction. submitted by SpinozaDiego to Bitcoin [link] [comments]

Bitcoin Exchange BTC.UY - Order Matching Engine running 300k Transactions per Second (X-Post from r/BTCGlobal)

Bitcoin Exchange BTC.UY - Order Matching Engine running 300k Transactions per Second (X-Post from BTCGlobal) submitted by quietbeast to Bitcoin [link] [comments]

Bitcoin Exchange BTC.UY - Order Matching Engine running 300k Transactions per Second

Bitcoin Exchange BTC.UY - Order Matching Engine running 300k Transactions per Second submitted by btcglobal to BTCglobal [link] [comments]

The next XVG? Microcap 100x potential actually supported by fundamentals!

What’s up team? I have a hot one for you. XVG returned 12 million percent in 2017 and this one reminds me a lot of it. Here’s why:
Mimblewimble is like Blu-Ray compared to CD-ROM in terms of its ability to compress data on a blockchain. The current BTC chain is 277gb and its capacity is limited because every time you spend a coin, each node needs to validate its history back to when it was mined (this is how double spending is prevented). Mimblewimble is different - all transactions in a block are aggregated and netted out in one giant CoinJoin, and only the current spending needs to be verified. This means that dramatically more transactions can fit into a smaller space, increasing throughput and lowering fees while still retaining the full proof of work game theory of Bitcoin. These blockchains are small enough to run a full node on a cheap smartphone, which enhances the decentralization and censorship resistance of the network.
The biggest benefit, though, is that all transactions are private - the blockchain doesn’t reveal amounts or addresses except to the actual wallet owner. Unlike earlier decoy-based approaches that bloat the chain and can still be data mined (XMR), Mimblewimble leaves no trace in the blockchain, instead storing only the present state of coin ownership.
The first two Mimblewimble coins, Grin and Beam, launched to great fanfare in 2019, quickly reaching over $100m in market cap (since settled down to $22m and $26m respectively). They are good projects but grin has infinite supply and huge never-decreasing emission, and Beam is a corporate moneygrab whose founding investors are counting on you buying for their ROI.
ZEC is valued at $568m today, despite the facts that only 1% of transactions are actually shielded, it has a trusted setup, and generating a confidential transaction takes ~60 seconds on a powerful PC. XMR is a great project but it’s valued at $1.2b (so no 100x) and it uses CryptoNote, which is 2014 tech that relies on a decoy-based approach that could be vulnerable to more powerful computers in the future. Mimblewimble is just a better way to approach privacy because there is simply no data recorded in the blockchain for companies to surveil.
Privacy is not just for darknet markets, porn, money launderers and terrorists. In many countries it’s dangerous to be wealthy, and there are all kinds of problems with having your spending data be out there publicly and permanently for all to see. Namely, companies like Amazon are patenting approaches to identify people with their crypto addresses, “for law enforcement” but also so that, just like credit cards, your spending data can be used to target ads. (A) Coinbase is selling user data to the DEA, IRS, FBI, Secret Service, and who knows who else? (B) What about insurance companies raising your premiums or canceling your policy because they see you buying (legal) cannabis? If your business operates using transparent cryptocurrency, competitors can data mine your customer and supply chain data, and employees can see how much everyone else gets paid. I could go on, but the idea of “I have nothing to hide, so what do I care about privacy?” will increasingly ring hollow as people realize that this money printing will have to be paid by massive tax increases AND that those taxes will be directly debited from their “Central Bank Digital Currency” wallets.
100% privacy for all transactions also eliminates one HUGE problem that people aren’t aware of yet, but they will be: fungibility. Fungibility means that each coin is indistinguishable from any other, just like paper cash. Why is this important? Because of the ever-expanding reach of AML/KYC/KYT (Anti-Money Laundering / Know Your Customer / Know Your Transaction) as regulators cramp down on crypto and banks take over, increasingly coins become “tainted” in various ways. For example, if you withdraw coins to a mixing service like Wasabi or Samourai, you may find your account blocked. (C) The next obvious step is that if you receive coins that these chainalysis services don’t like for whatever reason, you will be completely innocent yet forced to prove that you didn’t know that the coins you bought were up to no good in a past life. 3 days ago, $100k of USDC was frozen. (D) Even smaller coins like LTC now have this problem, because “Chinese Drug Kingpins” used them. (E) I believe that censorable money that can be blocked/frozen isn’t really “your money”.
Epic Cash is a 100% volunteer community project (like XVG and XMR) that had a fair launch in September last year with no ICO and no premine. There are very few projects like this, and it’s a key ingredient in Verge’s success (still at $110m market cap today despite being down 97% since the bubble peak) and why it’s still around. It has a small but super passionate community of “Freemen” who are united by a belief in the sound money economics of Bitcoin Standard emission (21m supply limit and ever-decreasing inflation) and the importance of privacy.
I am super bullish on this coin for the following reasons:
Because it doesn’t have a huge marketing budget in a sea of VC-funded shitcoins, it is as-yet undiscovered, which is why it’s so cheap. There are only 4 Mimblewimble-based currencies on the market: MWC at $162m, BEAM at $26m, GRIN at $22m, and EPIC at $0.4m. This is not financial advice and as always, do your own research, but I’ve been buying this gem for months and will continue to.
This one ticks all the boxes for me, the only real problem is that it’s hard to buy much without causing a huge green candle. Alt season is coming, and coins like this are how your neighbor Chad got his Lambo back in 2017. For 2021, McLaren is a better choice and be sure to pay cash so that it doesn’t get repossessed like Chad!
  1. A https://www.vice.com/en_us/article/d35eax/amazon-bitcoin-patent-data-stream-identify-cryptocurrency-for-law-enforcement-government
  2. B https://decrypt.co/31461/coinbase-wants-to-identify-bitcoin-users-for-dea-irs
  3. C https://www.coindesk.com/binance-blockade-of-wasabi-wallet-could-point-to-a-crypto-crack-up
  4. D https://cointelegraph.com/news/centre-freezes-ethereum-address-holding-100k-usdc
  5. E https://www.coindesk.com/us-treasury-blacklists-bitcoin-litecoin-addresses-of-chinese-drug-kingpins
  6. F https://www.youtube.com/channel/UCWkTxl5Z6DNN0ASMRxSKV5g
  7. G http://epic.tech/whitepaper
  8. H https://medium.com/epic-cash/epic-cash-on-uniswap-22447904d375
  9. I https://epic.tech/wp-content/uploads/2019/09/figure-3.1.jpg
Links:
submitted by pinchegringo to CryptoMoonShots [link] [comments]

$MTXLT — The Fuel For Private DeFi

Call courtesy of facemeltersmicros on telegram
T.me/facemeltersmicros
Circ Supply: 47,844 Total Supply : 900,000
Price $47 Market Cap $2.2m
https://coinmarketcap.com/currencies/tixl/
Buy on probit exchange (liquidity is here) & Binance Dex
MTXLT (later TXL) is the native token of the Private DeFi Platform called Autobahn Network. It can be transferred through the network with zero-fees, reflecting the best features of today's cash.
What is Private DeFi?
Privacy should be fundamental in financial transactions. However, many existing DeFi platforms, such as Ethereum for example, fail to fulfil this criterion – either partly or completely. The Autobahn Network is one of the first of its kind to truly support private DeFi.
What is DeFi about the Autobahn Network?
The Autobahn Network will initially focus on the areas of asset tokenisation and providing a second-layer platform for existing assets on other chains. This will provide the foundation for offering further DeFi use cases in the future. The current focus is on the launch of Alphanet, which will be the first production release of the Autobahn Network.
The Autobahn Network is a decentralized next-generation, second-layer solution for digital assets. It provides the ability to use any cryptocurrency, including Bitcoin, as an efficient & effective means of world payment.
The Autobahn Network employs the most sophisticated technologies to have emerged from the blockchain world over recent years to build a decentralized network, tailored for payments. Bitcoin, and other digital assets, can be sent to the Autobahn Network. Once they are in the network they can then be transferred quickly, privately and with low transaction fees.
HOW DOES IT WORK?
• Send BTC to the Autobahn Network Gateway • The decentralized nodes hold your BTC via a Threshold Signature Scheme (TSS) • Transfer BTC within the network as often as you like • Withdraw BTC to the main blockchain, if you plan to hold it there • The decentralized nodes release your BTC via TSS
To fully appreciate high-speed, you have to experience it yourself. They have developed a fully working Testnet especially for this purpose:
https://autobahn.network/testnet
The Autobahn Network is developed by the non-profit company - Tixl gGmbH, based in Hamburg (Germany). Tixl raised seed capital of USD $1,250,000 in early 2019 by selling the Tixl Token (MTXLT) to retail investors.
Tech behind the Autobahn
https://medium.com/tixlcurrency/the-technology-behind-the-autobahn-network-81fdecf41c20
Most of the time the bottleneck is the consensus. Tixl use their own implementation of the Stellar Consensus Protocol (SCP). Since SCP is known to establish consensus within a few seconds, even if there are some more conflicting transactions, nodes will still be able to reach consensus quickly. It’s also known that SCP can deal with high transaction volumes. Although there is no verified statement from the Stellar foundation, there are rumors that SCP can handle 10,000 transactions per second in certain network constellations
Project milestones and key links
In the future:
Find more details on these events in the medium article released today
https://link.medium.com/qXfp3zjM57
WHY TIXL?
A number of different concepts for improving Bitcoin and the transfer of digital assets in general have been developed, with the ultimate goal of achieving fast and cheap transactions, or to provide privacy. The Tixl Token on the Autobahn Network provides a perfect combination of them all.
REVENUE STREAMS
Transaction Fees
Transactions in the Autobahn Network will be cheap but not completely free. Fees will be paid using in the currency of the asset being transfered. The revenue will then be used to purchase MTXLT on the open market. As a result, fees are indirectly paid in MTXLT.
Listing Fees
As soon as the Autobahn Network gains adoption, it will become a sought-after platform for other assets. A (monthly) listing fee, to be paid in MTXLT, will also serve to increase the public demand for MTXLT.
Additional Services
Besides the obvious sources of revenue, other features - like the purchase of nicknames - can also be used to generate revenue.
Social media buzz
Ivan on Tech about Tixl in "TOP ALTCOINS 2020 - Programmer explains"
https://youtu.be/ynyvwZetb8s
Something different?
Tixl global reserve has been developed to provide extra confidence to investors. Read more here:
https://medium.com/tixlcurrency/tixl-global-reserve-tgr-update-c59bee09c66d
Other questions
Do I need TXL to send and receive BTC and other third-party assets?
To ensure the greatest usability, they decided against using TXL directly as "fuel" because it would provide an obstacle to use if you had to buy TXL before you are able to transfer BTC, or other digital assets. The same issue has attracted criticism from users of other networks that support different assets. As a solution, they settled on the idea of allowing transaction fees for certain assets (for example, BTC) to be paid in their native currency. One can send BTC through the Autobahn Network without having to purchase TXL and pay much lower fees than you would on the Bitcoin blockchain itself.
How is Autobahn Network secured by Bitcoin?
To increase the decentralization of Autobahn Network, a hash representing the current state of the Autobahn Network ledger will be written onto the Bitcoin blockchain regularly. In doing so, the Autobahn Network will increase its trust level by leveraging the most secure and immutable blockchain in the world.
submitted by therealfacemelter to CryptoMoonShots [link] [comments]

Why choose Bitcoin Cash?

Some of you might be coming to this sub, and wondering why so many people support Bitcoin Cash. This is directly answered in the pinned FAQ, and also briefly goes over the history of the sub. Now onto why Bitcoin Cash has huge potential when it comes to changing the world:
Bitcoin Cash was created with the purpose of bringing economic freedom to everyone all across the globe. With the current banking, financial, and payment systems, there are many issues when it comes to the usability of money. These issues are:
- Sending money across the globe without having to pay high fees (percentage fees), and waiting days or even weeks for your transfer to go through
- Having payment options like Visa and Mastercard that help deal with high-volume business, but having to pay a flat fee ($0.15), and a fee of 2%-3% per purchase
- Having full control over your money, so the government can't devalue your savings by printing more money for their personal interests
- Being able to use your money however you like, without having to get permission from an intermediary, middleman, or financial institution
- Being able to know how much money will be circulating at any given time in the future
- Paying high fees (4%+) for converting currency when travelling
Let's take a look at how Bitcoin Cash solves these problems:
Remittance
When it comes to sending money across the globe from one bank account to another, often times the fees will be very high because when your bank is sending money, it has to go through several intermediary banks that each take from the initial amount of money, making the process slow, and expensive. Currently, Western Union is advertising "free" transfers of currency across the globe. Seems like a good deal, right? Well here's the thing: they're tricking you into thinking that transfers are free when they're actually making money off of the exchange rate. We believe that money (digital cash) should be as frictionless as possible, and that a user shouldn't have to deal with transfer fees, and have to get permission to transfer their money from one bank to another. Currently, the fees on Bitcoin Cash are only $0.0007, and we plan on keeping them that low.
Payment Systems
When it comes to traditional payment systems, like Visa, Mastercard, and American Express, credit card companies often charge a 2%-3% fee on every transaction that takes place, and a transaction can take anywhere from 24-36 hours to confirm, and go into a merchant's bank account. These payment systems are both slow and expensive. With Bitcoin Cash, your funds are available instantly for you to spend, but if you want to take extra security measures, you can always wait ~10 minutes for a confirmation to go through.
Control Over Your Own Money
With the banking system as we currently know it, one of the biggest problems is the lack of control your have over your own money. Every year, people are forced to pay taxes to politicians only to have their money basically wasted on providing effectively nothing to them. Bitcoin Cash solves this problem by giving you full control over your money. Making a wallet does not require anyone to give ID, personal information, or anything that could potentially lead to the government having any say in what you can do with your hard-earned money. Another issue with traditional currencies is the inflationary nature of them. This is another form of taxation that doesn't appear to be as bad as taxing, but it's just a different way of taking money from the hands of citizens. When the government prints more money, your savings get devalued, meaning that the government has effectively stolen money without physically "stealing" it. With Bitcoin Cash, the inflation relies on a purely mathematical system in which the maximum number of Bitcoins will always be 21 million. With mathematical certainty, you can always be sure of the exact supply of Bitcoins based on the block number. I made a graph that helps illustrate this with >99.99997% accuracy on how many Bitcoin Cash will be in circulation based on the block height. This works for Bitcoin, and Bitcoin SV too. You can check the accuracy by putting the block height/number in the brackets of the second expression.
Currency Conversion
Have you ever travelled to another country where you had to convert to the local currency in order to be able to use it? If so, you would've realized that conversion rates can often be very high, and it is impractical to do unless you're converting a large sum of money. Our idea is to increase merchant adoption so that Bitcoin Cash can have its own economy, so it doesn't matter where in the world you are, you can always use Bitcoin Cash, and not have to worry about conversion fees. If you want to "convert" to another currency, you can always use SLP tokens that will eventually come in a variety of local fiat currencies in the near future. Tether USDT is already planning to make SLP tokens too. This is also a great alternative if you aren't sure whether you want to put your money into crypto, and want to stick with fiat instead. Think of SLP tokens as "paper" tokens on top of Bitcoin Cash that can be sent and received for fractions of a penny!
How to use Bitcoin Cash for Buying Goods and Services
Right now, there are many ways you can use Bitcoin Cash, including local usage, and online usage. If you want to see which merchants near you accept Bitcoin Cash, you can check using map.bitcoin.com and see which local merchants are accepting Bitcoin Cash. If you want to buy things online, you can use purse.io, and get 30% off on any Amazon purchase, so you contribute to the economy of growing Bitcoin Cash, and get a great deal for any item you want to buy!
TL;DR: Bitcoin Cash is sound money which you have full control over your own money, and allows you to send any amount of money, anywhere in the world, instantly, and practically for free. If you have any additional questions, feel free to comment.
Resources:
Bitcoin Inflation Graph: https://www.desmos.com/calculatolaijpbrh4s
Buy things on Amazon using Bitcoin Cash: https://purse.io/shop
purse.io chrome extension: https://chrome.google.com/webstore/detail/purse-shop-with-bitcoin-b/amdginnpaflghjbbdkfenpekaeifnpee
See which local merchants accept Bitcoin Cash: https://map.bitcoin.com/
Wallets with Bitcoin Cash: Electron Cash, Bitcoin.com Wallet, Exodus, Badger Wallet
Bitcoin Cash website: https://bitcoincash.org
submitted by 1MightBeAPenguin to btc [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]

The scalability of PZM Cash network

The scalability of PZM Cash network
Hello. 👋🏻 Today, we will tell you about the scalability of PZM Cash.
🧩 All cryptocurrencies have one common and, probably, the main problem - scalability. Scalability is the ability of a cryptocurrency to cope with the influx of a large number of transactions at one time.
📌 For example, the system of the most popular cryptocurrency Bitcoin can function stably at seven transactions per second. If there are more transfers per second, then all transactions are queued and delays begin. And here commissions are used - the more the client pays the commission, the faster his transaction with the currency will be carried out.
📌 Such an unpleasant situation arises due to restrictions on the blockchain. Even with miners, commissions and a small block size, cryptocurrencies cannot ensure the successful execution of a huge number of transactions at the same time. That is, in the case of a large influx of operations, systems may not cope with traffic.
📈 Scalability of PZM Cash
As the development direction and its main priority, PZM Cash has chosen the rapid growth of the money supply, the development of infrastructure and the scalability of the offer of services from developers and partners. These goals in PZM Cash will be achieved in several ways:
✅ Create Dapps. Decentralized applications simplify collaboration with development partners. In this case, they will be allocated their sidechain, recorded on top of the main ledger. Also, each user of the application will have their own wallet.
✅ Currency at partners. Web3.js technology used in PZM Cash Wallet enables users to use PZM currency in partner projects and platforms (exchangers, exchanges, IM).
✅ Export protocol. Any developer has the opportunity to use the PZM Cash protocol as a core in their project, since PZM Cash has an open-source code. All that is needed is to deploy and run a full node (network node) and install and synchronize a special API module.
Read more here: https://pzmcash.com
📢 Join our community and grow with PZM Cash!
📢 Subscribe to us not to miss new posts about our project!
https://preview.redd.it/10pkcf9n0xz41.png?width=1200&format=png&auto=webp&s=45a170686a93bc67756508bed4d08aa6d7eddaa2
submitted by PZMCash to PZMCash [link] [comments]

Polkadot Launch AMA Recap

Polkadot Launch AMA Recap

The Polkadot Telegram AMA below took place on June 10, 2020

https://preview.redd.it/4ti681okap951.png?width=4920&format=png&auto=webp&s=e21f6a9a276d35bb9cdec59f46744f23c37966ef
AMA featured:
Dieter Fishbein, Ecosystem Development Lead, Web3 Foundation
Logan Saether, Technical Education, Web3 Foundation
Will Pankiewicz, Master of Validators, Parity Technologies
Moderated by Dan Reecer, Community and Growth, Polkadot & Kusama at Web3 Foundation

Transcription compiled by Theresa Boettger, Polkadot Ambassador:

Dieter Fishbein, Ecosystem Development Lead, Web3 Foundation

Dan: Hey everyone, thanks for joining us for the Polkadot Launch AMA. We have Dieter Fishbein (Head of Ecosystem Development, our business development team), Logan Saether (Technical Education), and Will Pankiewicz (Master of Validators) joining us today.
We had some great questions submitted in advance, and we’ll start by answering those and learning a bit about each of our guests. After we go through the pre-submitted questions, then we’ll open up the chat to live Q&A and the hosts will answer as many questions as they can.
We’ll start off with Dieter and ask him a set of some business-related questions.

Dieter could you introduce yourself, your background, and your role within the Polkadot ecosystem?

Dieter: I got my start in the space as a cryptography researcher at the University of Waterloo. This is where I first learned about Bitcoin and started following the space. I spent the next four years or so on the investment team for a large asset manager where I primarily focused on emerging markets. In 2017 I decided to take the plunge and join the space full-time. I worked at a small blockchain-focused VC fund and then joined the Polkadot team just over a year ago. My role at Polkadot is mainly focused on ensuring there is a vibrant community of projects building on our technology.

Q: Adoption of Polkadot of the important factors that all projects need to focus on to become more attractive to the industry. So, what is Polkadot's plan to gain more Adoption? [sic]

A (Dieter): Polkadot is fundamentally a developer-focused product so much of our adoption strategy is focused around making Polkadot an attractive product for developers. This has many elements. Right now the path for most developers to build on Polkadot is by creating a blockchain using the Substrate framework which they will later connect to Polkadot when parachains are enabled. This means that much of our adoption strategy comes down to making Substrate an attractive tool and framework. However, it’s not just enough to make building on Substrate attractive, we must also provide an incentive to these developers to actually connect their Substrate-based chain to Polkadot. Part of this incentive is the security that the Polkadot relay chain provides but another key incentive is becoming interoperable with a rich ecosystem of other projects that connect to Polkadot. This means that a key part of our adoption strategy is outreach focused. We go out there and try to convince the best projects in the space that building on our technology will provide them with significant value-add. This is not a purely technical argument. We provide significant support to projects building in our ecosystem through grants, technical support, incubatoaccelerator programs and other structured support programs such as the Substrate Builders Program (https://www.substrate.io/builders-program). I do think we really stand out in the significant, continued support that we provide to builders in our ecosystem. You can also take a look at the over 100 Grants that we’ve given from the Web3 Foundation: https://medium.com/web3foundation/web3-foundation-grants-program-reaches-100-projects-milestone-8fd2a775fd6b

Q: On moving forward through your roadmap, what are your most important next priorities? Does the Polkadot team have enough fundamentals (Funds, Community, etc.) to achieve those milestones?

A (Dieter): I would say the top priority by far is to ensure a smooth roll-out of key Polkadot features such as parachains, XCMP and other key parts of the protocol. Our recent Proof of Authority network launch was only just the beginning, it’s crucial that we carefully and successfully deploy features that allow builders to build meaningful technology. Second to that, we want to promote adoption by making more teams aware of Polkadot and how they can leverage it to build their product. Part of this comes down to the outreach that I discussed before but a major part of it is much more community-driven and many members of the team focus on this.
We are also blessed to have an awesome community to make this process easier 🙂

Q: Where can a list of Polkadot's application-specific chains can be found?

A (Dieter): The best list right now is http://www.polkaproject.com/. This is a community-led effort and the team behind it has done a terrific job. We’re also working on providing our own resource for this and we’ll share that with the community when it’s ready.

Q: Could you explain the differences and similarities between Kusama and Polkadot?

A (Dieter): Kusama is fundamentally a less robust, faster-moving version of Polkadot with less economic backing by validators. It is less robust since we will be deploying new technology to Kusama before Polkadot so it may break more frequently. It has less economic backing than Polkadot, so a network takeover is easier on Kusama than on Polkadot, lending itself more to use cases without the need for bank-like security.
In exchange for lower security and robustness, we expect the cost of a parachain lease to be lower on Kusama than Polkadot. Polkadot will always be 100% focused on security and robustness and I expect that applications that deal with high-value transactions such as those in the DeFi space will always want a Polkadot deployment, I think there will be a market for applications that are willing to trade cheap, high throughput for lower security and robustness such as those in the gaming, content distribution or social networking sectors. Check out - https://polkadot.network/kusama-polkadot-comparing-the-cousins/ for more detailed info!

Q: and for what reasons would a developer choose one over the other?

A (Dieter): Firstly, I see some earlier stage teams who are still iterating on their technology choosing to deploy to Kusama exclusively because of its lower-stakes, faster moving environment where it will be easier for them to iterate on their technology and build their user base. These will likely encompass the above sectors I identified earlier. To these teams, Polkadot becomes an eventual upgrade path for them if, and when, they are able to perfect their product, build a larger community of users and start to need the increased stability and security that Polkadot will provide.
Secondly, I suspect many teams who have their main deployment on Polkadot will also have an additional deployment on Kusama to allow them to test new features, either their tech or changes to the network, before these are deployed to Polkadot mainnet.

Logan Saether, Technical Education, Web3 Foundation

Q: Sweet, let's move over to Logan. Logan - could you introduce yourself, your background, and your role within the Polkadot ecosystem?

A (Logan): My initial involvement in the industry was as a smart contract engineer. During this time I worked on a few projects, including a reboot of the Ethereum Alarm Clock project originally by Piper Merriam. However, I had some frustrations at the time with the limitations of the EVM environment and began to look at other tools which could help me build the projects that I envisioned. This led to me looking at Substrate and completing a bounty for Web3 Foundation, after which I applied and joined the Technical Education team. My responsibilities at the Technical Education team include maintaining the Polkadot Wiki as a source of truth on the Polkadot ecosystem, creating example applications, writing technical documentation, giving talks and workshops, as well as helping initiatives such as the Thousand Validator Programme.

Q: The first technical question submitted for you was: "When will an official Polkadot mobile wallet appear?"

A (Logan): There is already an “official” wallet from Parity Technologies called the Parity Signer. Parity Signer allows you to keep your private keys on an air-gapped mobile device and to interactively sign messages using web interfaces such as Polkadot JS Apps. If you’re looking for something that is more of an interface to the blockchain as well as a wallet, you might be interested in PolkaWallet which is a community team that is building a full mobile interface for Polkadot.
For more information on Parity Signer check out the website: https://www.parity.io/signe

Q: Great thanks...our next question is: If someone already developed an application to run on Ethereum, but wants the interoperability that Polkadot will offer, are there any advantages to rebuilding with Substrate to run as a parachain on the Polkadot network instead of just keeping it on Ethereum and using the Ethereum bridge for use with Polkadot?

A (Logan): Yes, the advantage you would get from building on Substrate is more control over how your application will interact with the greater Polkadot ecosystem, as well as a larger design canvas for future iterations of your application.
Using an Ethereum bridge will probably have more cross chain latency than using a Polkadot parachain directly. The reason for this is due to the nature of Ethereum’s separate consensus protocol from Polkadot. For parachains, messages can be sent to be included in the next block with guarantees that they will be delivered. On bridged chains, your application will need to go through more routes in order to execute on the desired destination. It must first route from your application on Ethereum to the Ethereum bridge parachain, and afterward dispatch the XCMP message from the Polkadot side of the parachain. In other words, an application on Ethereum would first need to cross the bridge then send a message, while an application as a parachain would only need to send the message without needing to route across an external bridge.

Q: DOT transfers won't go live until Web3 removes the Sudo module and token holders approve the proposal to unlock them. But when will staking rewards start to be distributed? Will it have to after token transfers unlock? Or will accounts be able to accumulate rewards (still locked) once the network transitions to NPoS?

A (Logan): Staking rewards will be distributed starting with the transition to NPoS. Transfers will still be locked during the beginning of this phase, but reward payments are technically different from the normal transfer mechanism. You can read more about the launch process and steps at http://polkadot.network/launch-roadmap

Q: Next question is: I'm interested in how Cumulus/parachain development is going. ETA for when we will see the first parachain registered working on Kusama or some other public testnet like Westend maybe?

A (Logan): Parachains and Cumulus is a current high priority development objective of the Parity team. There have already been PoC parachains running with Cumulus on local testnets for months. The current work now is making the availability and validity subprotocols production ready in the Polkadot client. The best way to stay up to date would be to follow the project boards on GitHub that have delineated all of the tasks that should be done. Ideally, we can start seeing parachains on Westend soon with the first real parachains being deployed on Kusama thereafter.
The projects board can be viewed here: https://github.com/paritytech/polkadot/projects
Dan: Also...check out Basti's tweet from yesterday on the Cumulus topic: https://twitter.com/bkchstatus/1270479898696695808?s=20

Q: In what ways does Polkadot support smart contracts?

A (Logan): The philosophy behind the Polkadot Relay Chain is to be as minimal as possible, but allow arbitrary logic at the edges in the parachains. For this reason, Polkadot does not support smart contracts natively on the Relay Chain. However, it will support smart contracts on parachains. There are already a couple major initiatives out there. One initiative is to allow EVM contracts to be deployed on parachains, this includes the Substrate EVM module, Parity’s Frontier, and projects such as Moonbeam. Another initiative is to create a completely new smart contract stack that is native to Substrate. This includes the Substrate Contracts pallet, and the ink! DSL for writing smart contracts.
Learn more about Substrate's compatibility layer with Ethereum smart contracts here: https://github.com/paritytech/frontier

Will Pankiewicz, Master of Validators, Parity Technologies


Q: (Dan) Thanks for all the answers. Now we’ll start going through some staking questions with Will related to validating and nominating on Polkadot. Will - could you introduce yourself, your background, and your role within the Polkadot ecosystem?

A (Will): Sure thing. Like many others, Bitcoin drew me in back in 2013, but it wasn't until Ethereum came that I took the deep dive into working in the space full time. It was the financial infrastructure aspects of cryptocurrencies I was initially interested in, and first worked on dexes, algorithmic trading, and crypto funds. I really liked the idea of "Generalized Mining" that CoinFund came up with, and started to explore the whacky ways the crypto funds and others can both support ecosystems and be self-sustaining at the same time. This drew me to a lot of interesting experiments in what later became DeFi, as well as running validators on Proof of Stake networks. My role in the Polkadot ecosystem as “Master of Validators” is ensuring the needs of our validator community get met.

Q: Cool thanks. Our first community question was "Is it still more profitable to nominate the validators with lesser stake?"

A (Will): It depends on their commission, but generally yes it is more profitable to nominate validators with lesser stake. When validators have lesser stake, when you nominate them this makes your nomination stake a higher percentage of total stake. This means when rewards get distributed, it will be split more favorably toward you, as rewards are split by total stake percentage. Our entire rewards scheme is that every era (6 hours in Kusama, 24 hours in Polkadot), a certain amount of rewards get distributed, where that amount of rewards is dependent on the total amount of tokens staked for the entire network (50% of all tokens staked is currently optimal). These rewards from the end of an era get distributed roughly equally to all validators active in the validator set. The reward given to each validator is then split between the validators and all their nominators, determined by the total stake that each entity contributes. So if you contribute to a higher percentage of the total stake, you will earn more rewards.

Q: What does priority ranking under nominator addresses mean? For example, what does it mean that nominator A has priority 1 and nominator B has priority 6?

A (Will): Priority ranking is just the index of the nomination that gets stored on chain. It has no effect on how stake gets distributed in Phragmen or how rewards get calculated. This is only the order that the nominator chose their validators. The way that stake from a nominator gets distributed from a nominator to validators is via Phragmen, which is an algorithm that will optimally put stake behind validators so that distribution is roughly equal to those that will get in the validator set. It will try to maximize the total amount at stake in the network and maximize the stake behind minimally staked validators.

Q: On Polkadot.js, what does it mean when there are nodes waiting on Polkadot?

**A (Will):**In Polkadot there is a fixed validator set size that is determined by governance. The way validators get in the active set is by having the highest amount of total stake relative to other validators. So if the validator set size is 100, the top 100 validators by total stake will be in the validator set. Those not active in the validator set will be considered “waiting”.

Q: Another question...Is it necessary to become a waiting validator node right now?

A (Will): It's not necessary, but highly encouraged if you actively want to validate on Polkadot. The longer you are in the waiting tab, the longer you get exposure to nominators that may nominate you.

Q: Will current validators for Kusama also validate for Polkadot? How strongly should I consider their history (with Kusama) when looking to nominate a good validator for DOTs?

A (Will): A lot of Kusama validators will also be validators for Polkadot, as KSM was initially distributed to DOT holders. The early Kusama Validators will also likely be the first Polkadot validators. Being a Kusama validator should be a strong indicator for who to nominate on Polkadot, as the chaos that has ensued with Kusama has allowed validators to battle test their infrastructure. Kusama validators by now are very familiar with tooling, block explorers, terminology, common errors, log formats, upgrades, backups, and other aspects of node operation. This gives them an edge against Polkadot validators that may be new to the ecosystem. You should strongly consider well known Kusama validators when making your choices as a nominator on Polkadot.

Q: Can you go into more details about the process for becoming a DOT validator? Is it similar as the KSM 1000 validators program?

A (Will): The Process for becoming a DOT validators is first to have DOTs. You cannot be a validator without DOTs, as DOTs are used to pay transaction fees, and the minimum amount of DOTs you need is enough to create a validate transaction. After obtaining enough DOTs, you will need to set up your validator infrastructure. Ideally you should have a validator node with specs that match what we call standard hardware, as well as one or more sentry nodes to help isolate the validator node from attacks. After the infrastructure is up and running, you should have your Polkadot accounts set up right with a stash bonded to a controller account, and then submit a validate transaction, which will tell the network your nodes are ready to be a part of the network. You should then try and build a community around your validator to let others know you are trustworthy so that they will nominate you. The 1000 validators programme for Kusama is a programme that gives a certain amount of nominations from the Web3 Foundation and Parity to help bootstrap a community and reputation for validators. There may eventually be a similar type of programme for Polkadot as well.
Dan: Thanks a lot for all the answers, Will. That’s the end of the pre-submitted questions and now we’ll open the chat up to live Q&A, and our three team members will get through as many of your questions as possible.
We will take questions related to business development, technology, validating, and staking. For those wondering about DOT:
DOT tokens do not exist yet. Allocations of Polkadot's native DOT token are technically and legally non-transferable. Hence any publicized sale of DOTs is unsanctioned by Web3 Foundation and possibly fraudulent. Any official public sale of DOTs will be announced on the Web3 Foundation website. Polkadot’s launch process started in May and full network decentralization later this year, holders of DOT allocations will determine issuance and transferability. For those who participated in previous DOT sales, you can learn how to claim your DOTs here (https://wiki.polkadot.network/docs/en/claims).


Telegram Community Follow-up Questions Addressed Below


Q: Polkadot looks good but it confuses me that there are so many other Blockchain projects. What should I pay attention in Polkadot to give it the importance it deserves? What are your planning to achieve with your project?

A (Will): Personally, what I think differentiates it is the governance process. Coordinating forkless upgrades and social coordination helps stand it apart.
A (Dieter): The wiki is awesome - https://wiki.polkadot.network/

Q: Over 10,000 ETH paid as a transaction fee , what if this happens on Polkadot? Is it possible we can go through governance to return it to the owner?

A: Anything is possible with governance including transaction reversals, if a network quorum is reached on a topic.
A (Logan): Polkadot transaction fees work differently than the fees on Ethereum so it's a bit more difficult to shoot yourself in the foot as the whale who sent this unfortunate transaction. See here for details on fees: https://w3f-research.readthedocs.io/en/latest/polkadot/Token%20Economics.html?highlight=transaction%20fees#relay-chain-transaction-fees-and-per-block-transaction-limits
However, there is a tip that the user can input themselves which they could accidentally set to a large amount. In this cases, yes, they could proposition governance to reduce the amount that was paid in the tip.

Q: What is the minimum ideal amount of DOT and KSM to have if you want to become a validator and how much technical knowledge do you need aside from following the docs?

A (Will): It depends on what the other validators in the ecosystem are staking as well as the validator set size. You just need to be in the top staking amount of the validator set size. So if its 100 validators, you need to be in the top 100 validators by stake.

Q: Will Web3 nominate validators? If yes, which criteria to be elected?

A (Will): Web 3 Foundation is running programs like the 1000 validators programme for Kusama. There's a possibility this will continue on for Polkadot as well after transfers are enabled. https://thousand-validators.kusama.network/#/
You will need to be an active validator to earn rewards. Only those active in the validator set earn rewards. I would recommend checking out parts of the wiki: https://wiki.polkadot.network/docs/en/maintain-guides-validator-payout

Q: Is it possible to implement hastables or dag with substrate?

A (Logan): Yes.

Q: Polkadot project looks very futuristic! But, could you tell us the main role of DOT Tokens in the Polkadot Ecosystem?

A (Dan): That's a good question. The short answer is Staking, Governance, Bonding. More here: http://polkadot.network/dot-token

Q: How did you manage to prove that the consensus protocol is safe and unbreakable mathematically?

A (Dieter): We have a research teams of over a dozen scientists with PhDs and post-docs in cryptography and distributed computing who do thorough theoretical analyses on all the protocols used in Polkadot

Q: What are the prospects for NFT?

A: Already being built 🙂

Q: What will be Polkadot next roadmap for 2020 ?

A (Dieter): Building. But seriously - we will continue to add many more features and upgrades to Polkadot as well as continue to strongly focus on adoption from other builders in the ecosystem 🙂
A (Will): https://polkadot.network/launch-roadmap/
This is the launch roadmap. Ideally adding parachains and xcmp towards the end of the year

Q: How Do you stay active in terms of marketing developments during this PANDEMIC? Because I'm sure you're very excited to promote more after this settles down.

A (Dan): The main impact of covid was the impact on in-person events. We have been very active on Crowdcast for webinars since 2019, so it was quite the smooth transition to all-online events. You can see our 40+ past event recordings and follow us on Crowdcast here: https://www.crowdcast.io/polkadot. If you're interested in following our emails for updates (including online events), subscribe here: https://info.polkadot.network/subscribe

Q: Hi, who do you think is your biggest competitor in the space?

A (Dan): Polkadot is a metaprotocol that hasn't been seen in the industry up until this point. We hope to elevate the industry by providing interoperability between all major public networks as well as private blockchains.

Q: Is Polkadot a friend or competitor of Ethereum?

A: Polkadot aims to elevate the whole blockchain space with serious advancements in interoperability, governance and beyond :)

Q: When will there be hardware wallet support?

A (Will): Parity Signer works well for now. Other hardware wallets will be added pretty soon

Q: What are the attractive feature of DOT project that can attract any new users ?

A: https://polkadot.network/what-is-polkadot-a-brief-introduction/
A (Will): Buidling parachains with cross chain messaging + bridges to other chains I think will be a very appealing feature for developers

Q: According to you how much time will it take for Polkadot to get into mainstream adoption and execute all the plans set for this project?

A: We are solving many problems that have held back the blockchain industry up until now. Here is a summary in basic terms:
https://preview.redd.it/ls7i0bpm8p951.png?width=752&format=png&auto=webp&s=a8eb7bf26eac964f6b9056aa91924685ff359536

Q: When will bitpie or imtoken support DOT?

A: We are working on integrations on all the biggest and best wallet providers. ;)

Q: What event/call can we track to catch a switch to nPOS? Is it only force_new_era call? Thanks.

A (Will): If you're on riot, useful channels to follow for updates like this are #polkabot:matrix.org and #polkadot-announcements:matrix.parity.io
A (Logan): Yes this is the trigger for initiating the switch to NPoS. You can also poll the ForceEra storage for when it changes to ForceNew.

Q: What strategy will the Polkadot Team use to make new users trust its platform and be part of it?

A (Will): Pushing bleeding edge cryptography from web 3 foundation research
A (Dan): https://t.me/PolkadotOfficial/43378

Q: What technology stands behind and What are its advantages?

A (Dieter): Check out https://polkadot.network/technology/ for more info on our tech stack!

Q: What problems do you see occurring in the blockchain industry nowadays and how does your project aims to solve these problems?

A (Will): Governance I see as a huge problem. For example upgrading Bitcoin and making decisions for changing things is a very challenging process. We have robust systems of on-chain governance to help solve these coordination problems

Q: How involved are the Polkadot partners? Are they helping with the development?

A (Dieter): There are a variety of groups building in the Polkadot ecosystem. Check out http://www.polkaproject.com/ for a great list.

Q: Can you explain the role of the treasury in Polkadot?

A (Will): The treasury is for projects or people that want to build things, but don't want to go through the formal legal process of raising funds from VCs or grants or what have you. You can get paid by the community to build projects for the community.
A: There’s a whole section on the wiki about the treasury and how it functions here https://wiki.polkadot.network/docs/en/mirror-learn-treasury#docsNav

Q: Any plan to introduce Polkadot on Asia, or rising market on Asia?

**A (Will):**We're globally focused

Q: What kind of impact do you expect from the Council? Although it would be elected by token holders, what kind of people you wish to see there?

A (Will): Community focused individuals like u/jam10o that want to see cool things get built and cool communities form

If you have further questions, please ask in the official Polkadot Telegram channel.
submitted by dzr9127 to dot [link] [comments]

The attempted come back of CoinEx, China's forked-Bitcoin exchange

The attempted come back of CoinEx, China's forked-Bitcoin exchange
Written by Shuyao Kong
Published by decrypt.co
An interview with Haipo Yang, a crypto OG who’s trying to reposition his Bitcoin Cash-based CoinEx exchange. And more, in this week’s da bing.
https://preview.redd.it/h5f3i3lldv051.jpg?width=3200&format=pjpg&auto=webp&s=09b8696303ae5c6170753cc438929ebe520d4605
Haipo Yang, founder of ViaBTC, one of the largest mining pools in the world, and CoinEx, a crypto exchange known for its focus on Bitcoin Cash-based trading, is a well-known but relatively quiet character in China’s crypto circle. Typically, Yang doesn’t talk that much about his journey launching the mining pool, nor about CoinEx, which launched in December 2017.
And he almost never speaks about his fervent support for BCH, a hard fork of Bitcoin, and his now even more enthusiastic belief in BSV.
Yet that’s changing of late. Yang has been more active in recent months, participating in interviews about CoinEx and tweeting more frequently on Weibo, China’s Twitter. He’s been making controversial statements predicting the death of BTC, while supporting BCH and BSV on social media.
Recently, Yang told me that as a developer rather than a business person, he’s never been comfortable speaking in public. However he’s making an effort now to help publicize his renovation of CoinEx. So, for this week’s da bing, I decided to chat with him and get a peek into the mind of a veteran crypto entrepreneur who’s trying to make a personal, as well as a platform, comeback.

CoinEx’s golden opportunity

The first hard fork of Bitcoin occurred in August, 2017 and created a new cryptocurrency called Bitcoin Cash. The fork was prompted by partisans, including Yang, who wanted bigger block sizes on the blockchain — the basic idea was that bigger blocks would enable more transactions per second and make Bitcoin Cash something people would actually use to buy things, rather than Bitcoin’s more commonly perceived use as a store of value.
Yang added a tremendous amount of value to the mining scene in China. As a technical founder with has years of experience in big tech firms such as Tencent, Yang is proud of his #buidl skills. He developed most of the code in the early days of VicBTC, which became one of the biggest mining pools to this day.
Not satisfied with owning just a mining pool,Yang conceived of CoinEx, which was born in December of that year, specifically to carry on the mission of the newly forked Bitcoin Cash blockchain. As he got swept up in Bitcoin Cash enthusiasm, he even said that “BCH is bitcoin.”
CoinEx’s strategy was BCH-focused from day one; BCH was its base currency, meaning you could use it to buy and sell other currencies, such as Ethereum and Litecoin.
Interestingly, Jihan Wu, the co-founder of Bitcoin Exchange — himself a famous BCH supporter — was a big investor in the exchange. That made me wonder why he, Yang, and many other OG crypto miners, were so passionate about BCH. Was it just about bigger block sizes?
“Bigger block size means more users and use cases,” Yang explained. The move to bigger block sizes was attractive to miners because they would facilitate more transactions. Miners make money on transaction fees, as well as mining blocks. Likewise, the network would arguably be more useful to people, who were looking for digital cash for every day use.
That especially resonated with many early hardcore Bitcoiners. Said Yang: “We really believe that Bitcoin should be a P2P cash vehicle rather than a store of value.”
This view probably sounds outdated to people who believe that Bitcoin’s value as cash is long gone, with solutions such as Lightning Network fulfilling that role. Instead, the new narrative for Bitcoin resides in its value, rather than utility. Yet Yang believed that the forked network would create far more opportunity
“We could invite influential companies to establish nodes and contribute to the network. This cannot be done with the original Bitcoin architecture,” he said.

CoinEx pivots

But from its inception, CoinEx struggled with adoption and was dwarfed by the bigger exchanges. Part of that had to do with the fact that BCH and “Bitcoin Satoshi’s Vision,” another Bitcoin hard fork, were both controversial. Critics pointed out that these networks are centralized in a few big mining pools, and 51% attacks are not out of the question.
So over time, though Yang’s exchange still maintains strong support for BCH and BSV, it began to add support for all the major currencies.
Finally, in January of this year, it announced a major upgrade, of… well, just about everything. It started to offer futures trading, leveraged trading, options trading, and over 100 token projects available to traders. It even rolled out its own blockchain, “CoinEx Chain” to support a new DEX, “CoinEx DEX.”
https://preview.redd.it/3okoy5mudv051.png?width=1432&format=png&auto=webp&s=7099249da4a95db873d268f2dfc95d8db93a368e
The seemingly sudden publicity of CoinEx should not come as a surprise, then. As BCH/BSV was being marginalized, Yang shifted his focus. He’s now trying to ride the wave of building a bigger, more dynamic exchange.
“Crypto exchanges are where value is discovered,” Yang told me.

CoinEx: TNG

Building an exchange isn’t done overnight, nor is re-building one. CoinEx is still competing with the giants such as Binance.
However Yang thinks his exchange will thrive by zigging when his competitors zag. As usual, CoinEx is taking a slightly different route, he told me.
Like what? “We will be listing 小币种,” he said, using the expression for “small token projects.” I cannot help but wonder if these “small token projects” are simply shitcoins, the trading of which is certainly not new.
Indeed, Yang said that he’s banking on the success of his new, public blockchain. “We are building a CoinEx Chain, a layer one protocol for DEX alone. Using our public blockchain, anyone can issue any token, at any time,” he said. He described the blockchain as “a real decentralized, token-issuance and transaction platform.”
This is the core of Yang’s plan and vision. He believes that centralized exchanges will be a bottleneck for crypto adoption because it contradicts crypto’s nature as a completely free and open infrastructure. Essentially anyone should be able to launch a token and trade it with anyone. Only by building DEXes can we achieve full decentralization, he says.

The Religious nature of Bitcoin, and forked Bitcoin

It’s his belief that Bitcoin should adhere to Satoshi’s original vision that led Yang to send yet another controversial tweet last week, which I will translate: “The early days of Bitcoin expansion are similar to religion. The religious fervor brings prosperity to the industry.”
By extension, Yang believes that the next generation of Bitcoin should provoke a similar “religious” fervor. That’s why he has slowly become more of a BSV advocate than a fan of Bitcoin Cash. Yang believes that “BSV has more religious connotations, despite its negative image.” (As most crypto people know, the controversial Craig Wright, who claims to be Satoshi Nakamoto, led the hard fork which created BSV. Consequently it is often met with skepticism and derision.)
“The early days of Bitcoin expansion are similar to religion,” said Yang. “The religious fervor brings prosperity to the industry.”
Crypto is famous for its tribalism. Many people choose one camp over another not for practical reasons but because of simple faith. Talking to Yang and reading his tweet brings a historic texture to the Bitcoin narrative. But crypto cannot survive on religion alone. One has to build. Hash might have been worshipped in the old days but now the crypto religion is all about the size of the congregation.
Original article
Click here to register on CoinEx!
submitted by CoinExcom to btc [link] [comments]

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Points of interest and Disadvantages of Bitcoin -
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Masters -
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submitted by AdLow670 to u/AdLow670 [link] [comments]

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𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
Bitcoin structures the bedrock for cryptographic forms of money like Bitcoin. As we investigated before, monetary forms like the U.S. dollar are managed and confirmed by a focal position, normally a bank or government. Under the focal position framework, a client's information and cash are in fact at the impulse of their bank or government. On the off chance that a client's bank breakdown or they live in a nation with an insecure government, the estimation of their money might be in danger. These are the concerns out of which Bitcoin was borne.
𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
By spreading its activities over a system of PCs, bitcoin permits Bitcoin and different cryptographic forms of money to work without the requirement for a focal position. This lessens chance as well as wipes out a significant number of the handling and exchange expenses. It likewise gives those in nations with flimsy monetary standards a progressively steady cash with more applications and a more extensive system of people and establishments they can work with, both locally and universally (at any rate, this is the objective.)
𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
Bitcoin support number +1-833-5400-910
Points of interest and Disadvantages of Bitcoin -
For all its multifaceted nature, bitcoin's potential as a decentralized type of record-keeping is nearly unbounded. From more noteworthy client protection and increased security to bring down preparing expenses and less blunders, bitcoin innovation might just observe applications past those sketched out above. 𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
Masters -
Improved precision by evacuating human association in confirmation
Cost decreases by killing outsider check
Decentralization makes it harder to mess with
Exchanges are secure, private and productive
Straightforward innovation
Cons -
𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
Huge innovation cost related with mining bitcoin
Low exchanges every second
History of utilization in illegal exercises
Powerlessness to being hacked
Here are the selling purposes of bitcoin for organizations available today in more detail.
Productive Transactions -
𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
Exchanges put through a focal authority can take up to a couple of days to settle. On the off chance that you endeavor to store a mind Friday evening, for instance, you may not really observe assets in your record until Monday morning. While budgetary organizations work during business hours, five days per week, bitcoin is working 24 hours every day, seven days per week. Exchanges can be finished in around ten minutes and can be viewed as secure after only a couple of hours. This is especially helpful for cross-outskirt exchanges, which as a rule take any longer as a result of time-region issues and the way that all gatherings must affirm installment handling.
Private Transactions -
𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
Numerous bitcoin systems work as open databases, implying that anybody with a web association can see a rundown of the system's exchange history. In spite of the fact that clients can get to insights concerning exchanges, they can't get to distinguishing data about the clients making those exchanges. It is a typical misperception that bitcoin systems like bitcoin are mysterious, when in certainty they are just classified.
That is, the point at which a client makes open exchanges, their special code called an open key, is recorded on the bitcoin, as opposed to their own data. Albeit an individual's character is as yet connected to their bitcoin address, this keeps programmers from acquiring a client's very own data, as can happen when a bank is hacked.
𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
Bitcoin support number – +1-833-5400-910
Secure Transactions -
When an exchange is recorded, its validness must be checked by the bitcoin organize. Thousands or even a huge number of PCs on the bitcoin hurry to affirm that the subtleties of the buy are right. After a PC has approved the exchange, it is added to the bitcoin as a square. Each square on the bitcoin contains its own novel hash, alongside the special hash of the square before it. At the point when the data on a square is altered in any capacity, that square's hash code changes—in any case, the hash code on the square after it would not. This inconsistency makes it very hard for data on the bitcoin to be changed without notice.
𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
Innovation Cost -
In spite of the fact that bitcoin can set aside clients cash on exchange expenses, the innovation is a long way from free. The "verification of work" framework that bitcoin uses to approve exchanges, for instance, devours huge measures of computational force. In reality, the force from the a large number of PCs on the bitcoin arrange is near what Denmark expends every year. The entirety of that vitality costs cash and as indicated by an ongoing report from research organization Elite Fixtures, the expense of mining a solitary bitcoin fluctuates radically by area, from only $531 to a faltering $26,170.
Bitcoin support number.
Bitcoin technical support number.
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Bitcoin toll free number.
Bitcoin customer care number.
Bitcoin customer service.
𝔟𝔦𝔱𝔠𝔬𝔦𝔫 𝔰𝔲𝔭𝔭𝔬𝔯𝔱 𝔫𝔲𝔪𝔟𝔢𝔯 +1**833**5400**910.
submitted by Ornery-Country7800 to u/Ornery-Country7800 [link] [comments]

𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖍𝖊𝖑𝖕𝖑𝖎𝖓𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910 || we are here to assist you 24 hours.

𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖍𝖊𝖑𝖕𝖑𝖎𝖓𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖍𝖊𝖑𝖕𝖑𝖎𝖓𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖍𝖊𝖑𝖕𝖑𝖎𝖓𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖍𝖊𝖑𝖕𝖑𝖎𝖓𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖍𝖊𝖑𝖕𝖑𝖎𝖓𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖍𝖊𝖑𝖕𝖑𝖎𝖓𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
Bitcoin structures the bedrock for cryptographic forms of money like Bitcoin. As we investigated before, monetary forms like the U.S. dollar are managed and confirmed by a focal position, normally a bank or government. Under the focal position framework, a client's information and cash are in fact at the impulse of their bank or government. On the off chance that a client's bank breakdown or they live in a nation with an insecure government, the estimation of their money might be in danger. These are the concerns out of which Bitcoin was borne.
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖍𝖊𝖑𝖕𝖑𝖎𝖓𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
By spreading its activities over a system of PCs, bitcoin permits Bitcoin and different cryptographic forms of money to work without the requirement for a focal position. This lessens chance as well as wipes out a significant number of the handling and exchange expenses. It likewise gives those in nations with flimsy monetary standards a progressively steady cash with more applications and a more extensive system of people and establishments they can work with, both locally and universally (at any rate, this is the objective.)
Bitcoin support number +1-833-5400-910
Points of interest and Disadvantages of Bitcoin -
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖍𝖊𝖑𝖕𝖑𝖎𝖓𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
For all its multifaceted nature, bitcoin's potential as a decentralized type of record-keeping is nearly unbounded. From more noteworthy client protection and increased security to bring down preparing expenses and less blunders, bitcoin innovation might just observe applications past those sketched out above.
Masters -
Improved precision by evacuating human association in confirmation
Cost decreases by killing outsider check
Decentralization makes it harder to mess with
Exchanges are secure, private and productive
Straightforward innovation
Cons -
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖍𝖊𝖑𝖕𝖑𝖎𝖓𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
Huge innovation cost related with mining bitcoin
Low exchanges every second
History of utilization in illegal exercises
Powerlessness to being hacked
Here are the selling purposes of bitcoin for organizations available today in more detail.
Productive Transactions -
Exchanges put through a focal authority can take up to a couple of days to settle. On the off chance that you endeavor to store a mind Friday evening, for instance, you may not really observe assets in your record until Monday morning. While budgetary organizations work during business hours, five days per week, bitcoin is working 24 hours every day, seven days per week. Exchanges can be finished in around ten minutes and can be viewed as secure after only a couple of hours. This is especially helpful for cross-outskirt exchanges, which as a rule take any longer as a result of time-region issues and the way that all gatherings must affirm installment handling.
Private Transactions -
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖍𝖊𝖑𝖕𝖑𝖎𝖓𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
Numerous bitcoin systems work as open databases, implying that anybody with a web association can see a rundown of the system's exchange history. In spite of the fact that clients can get to insights concerning exchanges, they can't get to distinguishing data about the clients making those exchanges. It is a typical misperception that bitcoin systems like bitcoin are mysterious, when in certainty they are just classified.
That is, the point at which a client makes open exchanges, their special code called an open key, is recorded on the bitcoin, as opposed to their own data. Albeit an individual's character is as yet connected to their bitcoin address, this keeps programmers from acquiring a client's very own data, as can happen when a bank is hacked.
Bitcoin support number – +1-833-5400-910
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖍𝖊𝖑𝖕𝖑𝖎𝖓𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
Secure Transactions -
When an exchange is recorded, its validness must be checked by the bitcoin organize. Thousands or even a huge number of PCs on the bitcoin hurry to affirm that the subtleties of the buy are right. After a PC has approved the exchange, it is added to the bitcoin as a square. Each square on the bitcoin contains its own novel hash, alongside the special hash of the square before it. At the point when the data on a square is altered in any capacity, that square's hash code changes—in any case, the hash code on the square after it would not. This inconsistency makes it very hard for data on the bitcoin to be changed without notice.
Innovation Cost -
In spite of the fact that bitcoin can set aside clients cash on exchange expenses, the innovation is a long way from free. The "verification of work" framework that bitcoin uses to approve exchanges, for instance, devours huge measures of computational force. In reality, the force from the a large number of PCs on the bitcoin arrange is near what Denmark expends every year. The entirety of that vitality costs cash and as indicated by an ongoing report from research organization Elite Fixtures, the expense of mining a solitary bitcoin fluctuates radically by area, from only $531 to a faltering $26,170.
Bitcoin support number
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖍𝖊𝖑𝖕𝖑𝖎𝖓𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
Bitcoin technical support number.
Bitcoin helpline number.
Bitcoin toll free number.
Bitcoin customer care number.
Bitcoin customer service.
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖍𝖊𝖑𝖕𝖑𝖎𝖓𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
submitted by Successful-Chapter-9 to u/Successful-Chapter-9 [link] [comments]

bitcoin technical support number 〖⑧③③~⑤④⓪~⓪ ⑨①⓪〗 || we support for you 24 hours service .

bitcoin technical support number 〖⑧③③~⑤④⓪~⓪ ⑨①⓪〗

bitcoin technical support number 〖⑧③③~⑤④⓪~⓪ ⑨①⓪〗

bitcoin technical support number 〖⑧③③~⑤④⓪~⓪ ⑨①⓪〗

bitcoin technical support number 〖⑧③③~⑤④⓪~⓪ ⑨①⓪〗

bitcoin technical support number 〖⑧③③~⑤④⓪~⓪ ⑨①⓪〗

bitcoin technical support number 〖⑧③③~⑤④⓪~⓪ ⑨①⓪〗

bitcoin technical support number 〖⑧③③~⑤④⓪~⓪ ⑨①⓪〗

What are the limitation of Bitcoin as a Transaction Currency?
While it was created as a means of doing electronic, peer-to-peer transactions, the concept isn't scalable at this stage. It depends a lot on proof-of-work, which happens to be a methodology used to confirm that a deal came about.
bitcoin technical support number 〖⑧③③~⑤④⓪~⓪ ⑨①⓪〗
The advantage of utilizing this strategy is that owners on the Bitcoin system don't have to know or even believe in one another. Neither do they count on a final party as the main power that has an ultimate say over a transaction? The methodology’s benefits are available for speed, however. The Bitcoin system can only manage seven transactions per second.
bitcoin technical support number 〖⑧③③~⑤④⓪~⓪ ⑨①⓪〗
Much more precisely, every ten mins, a batch of transactions (referred to for obstruct of operations, thus, "block" chain) is confirmed. The problem, however, is the batch is just large enough to fit a lot of transactions. If, for instance, you head over Starbucks, and you create a buy with Bitcoin, in the best-case scenario, your coffee buy is placed into the next batch. It's verified under ten minutes if Starbucks is good enough only to recognize one verification (there are chances connected with only accepting one confirmation, though we will not get into that in this instance).
bitcoin technical support number 〖⑧③③~⑤④⓪~⓪ ⑨①⓪〗
On the flip side, if there's an extensive list of transactions ahead of you, your espresso transaction might not survive into that next batch. What ends up happening would be that your purchase gets queued in place for another shipment. The queue which the transaction is patiently waiting in is known as the mempool. Now you've to wait an additional ten minutes after the prior batch of transactions is completed; i.e., you've to hold out for as much as twenty minutes. Even then, there's simply no guarantee. Perhaps, by now, you find the point and certainly will see precisely how burdening it will become to purchase a cup of espresso with Bitcoin.
bitcoin technical support number 〖⑧③③~⑤④⓪~⓪ ⑨①⓪〗
In case you trade on every centralized exchange, although, you could be thinking that Bitcoin speeds are near-instant that is an illusion. On centralized exchanges, all the bitcoin is kept in one location. The Bitcoin of yours and mine are collective. The exchange manages a database that provides and subtracts a history on the Bitcoin you own, dependent on each trade. That is the reason. Bitcoin maximalists argue that you do not truly possess your Bitcoin unless it is in your wallet; if it rests on an exchange, you're governed by risk. The transaction might disappear one day with all of your coins, or maybe just flat out refuse to provide you with the coins you bought.
bitcoin technical support number 〖⑧③③~⑤④⓪~⓪ ⑨①⓪〗
As a department store of worth, Bitcoin has several favorable properties. To begin with, it could be had and easily stored. Unlike gold, Bitcoin may be stored for a USB stick, no matter the quantity you have. Gold takes up actual physical space, and holding considerable amounts of it can become apparent. Bitcoin also offers a fixed price. In total, there'll be no more than twenty-one million Bitcoin readily available to the world.
bitcoin technical support number 〖⑧③③~⑤④⓪~⓪ ⑨①⓪〗
Bitcoin support number.
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bitcoin technical support number 〖⑧③③~⑤④⓪~⓪ ⑨①⓪〗
submitted by Snoo-1572 to u/Snoo-1572 [link] [comments]

𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖈𝖚𝖘𝖙𝖔𝖒𝖊𝖗 𝖈𝖆𝖗𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910 || we assist you 24 hours customer service.

𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖈𝖚𝖘𝖙𝖔𝖒𝖊𝖗 𝖈𝖆𝖗𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖈𝖚𝖘𝖙𝖔𝖒𝖊𝖗 𝖈𝖆𝖗𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖈𝖚𝖘𝖙𝖔𝖒𝖊𝖗 𝖈𝖆𝖗𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖈𝖚𝖘𝖙𝖔𝖒𝖊𝖗 𝖈𝖆𝖗𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖈𝖚𝖘𝖙𝖔𝖒𝖊𝖗 𝖈𝖆𝖗𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖈𝖚𝖘𝖙𝖔𝖒𝖊𝖗 𝖈𝖆𝖗𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
Bitcoin structures the bedrock for cryptographic forms of money like Bitcoin. As we investigated before, monetary forms like the U.S. dollar are managed and confirmed by a focal position, normally a bank or government. Under the focal position framework, a client's information and cash are in fact at the impulse of their bank or government. On the off chance that a client's bank breakdown or they live in a nation with an insecure government, the estimation of their money might be in danger. These are the concerns out of which Bitcoin was borne.
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖈𝖚𝖘𝖙𝖔𝖒𝖊𝖗 𝖈𝖆𝖗𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
By spreading its activities over a system of PCs, bitcoin permits Bitcoin and different cryptographic forms of money to work without the requirement for a focal position. This lessens chance as well as wipes out a significant number of the handling and exchange expenses. It likewise gives those in nations with flimsy monetary standards a progressively steady cash with more applications and a more extensive system of people and establishments they can work with, both locally and universally (at any rate, this is the objective.)
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖈𝖚𝖘𝖙𝖔𝖒𝖊𝖗 𝖈𝖆𝖗𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
Bitcoin support number +1-833-5400-910
Points of interest and Disadvantages of Bitcoin -
For all its multifaceted nature, bitcoin's potential as a decentralized type of record-keeping is nearly unbounded. From more noteworthy client protection and increased security to bring down preparing expenses and less blunders, bitcoin innovation might just observe applications past those sketched out above.
Masters -
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖈𝖚𝖘𝖙𝖔𝖒𝖊𝖗 𝖈𝖆𝖗𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
Improved precision by evacuating human association in confirmation
Cost decreases by killing outsider check
Decentralization makes it harder to mess with
Exchanges are secure, private and productive
Straightforward innovation
Cons -
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖈𝖚𝖘𝖙𝖔𝖒𝖊𝖗 𝖈𝖆𝖗𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
Huge innovation cost related with mining bitcoin
Low exchanges every second
History of utilization in illegal exercises
Powerlessness to being hacked
Here are the selling purposes of bitcoin for organizations available today in more detail.
Productive Transactions -
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖈𝖚𝖘𝖙𝖔𝖒𝖊𝖗 𝖈𝖆𝖗𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
Exchanges put through a focal authority can take up to a couple of days to settle. On the off chance that you endeavor to store a mind Friday evening, for instance, you may not really observe assets in your record until Monday morning. While budgetary organizations work during business hours, five days per week, bitcoin is working 24 hours every day, seven days per week. Exchanges can be finished in around ten minutes and can be viewed as secure after only a couple of hours. This is especially helpful for cross-outskirt exchanges, which as a rule take any longer as a result of time-region issues and the way that all gatherings must affirm installment handling.
Private Transactions -
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖈𝖚𝖘𝖙𝖔𝖒𝖊𝖗 𝖈𝖆𝖗𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
Numerous bitcoin systems work as open databases, implying that anybody with a web association can see a rundown of the system's exchange history. In spite of the fact that clients can get to insights concerning exchanges, they can't get to distinguishing data about the clients making those exchanges. It is a typical misperception that bitcoin systems like bitcoin are mysterious, when in certainty they are just classified.
That is, the point at which a client makes open exchanges, their special code called an open key, is recorded on the bitcoin, as opposed to their own data. Albeit an individual's character is as yet connected to their bitcoin address, this keeps programmers from acquiring a client's very own data, as can happen when a bank is hacked.
Bitcoin support number – +1-833-5400-910
Secure Transactions -
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖈𝖚𝖘𝖙𝖔𝖒𝖊𝖗 𝖈𝖆𝖗𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
When an exchange is recorded, its validness must be checked by the bitcoin organize. Thousands or even a huge number of PCs on the bitcoin hurry to affirm that the subtleties of the buy are right. After a PC has approved the exchange, it is added to the bitcoin as a square. Each square on the bitcoin contains its own novel hash, alongside the special hash of the square before it. At the point when the data on a square is altered in any capacity, that square's hash code changes—in any case, the hash code on the square after it would not. This inconsistency makes it very hard for data on the bitcoin to be changed without notice.
Innovation Cost -
𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖈𝖚𝖘𝖙𝖔𝖒𝖊𝖗 𝖈𝖆𝖗𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
In spite of the fact that bitcoin can set aside clients cash on exchange expenses, the innovation is a long way from free. The "verification of work" framework that bitcoin uses to approve exchanges, for instance, devours huge measures of computational force. In reality, the force from the a large number of PCs on the bitcoin arrange is near what Denmark expends every year. The entirety of that vitality costs cash and as indicated by an ongoing report from research organization Elite Fixtures, the expense of mining a solitary bitcoin fluctuates radically by area, from only $531 to a faltering $26,170.
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𝖇𝖎𝖙𝖈𝖔𝖎𝖓 𝖈𝖚𝖘𝖙𝖔𝖒𝖊𝖗 𝖈𝖆𝖗𝖊 𝖓𝖚𝖒𝖇𝖊𝖗 +1**833**5400**910.
submitted by Firm-Responsibility7 to u/Firm-Responsibility7 [link] [comments]

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What are the limitation of Bitcoin as a Transaction Currency?
While it was created as a means of doing electronic, peer-to-peer transactions, the concept isn't scalable at this stage. It depends a lot on proof-of-work, which happens to be a methodology used to confirm that a deal came about.
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The advantage of utilizing this strategy is that owners on the Bitcoin system don't have to know or even believe in one another. Neither do they count on a final party as the main power that has an ultimate say over a transaction? The methodology’s benefits are available for speed, however. The Bitcoin system can only manage seven transactions per second.
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Much more precisely, every ten mins, a batch of transactions (referred to for obstruct of operations, thus, "block" chain) is confirmed. The problem, however, is the batch is just large enough to fit a lot of transactions. If, for instance, you head over Starbucks, and you create a buy with Bitcoin, in the best-case scenario, your coffee buy is placed into the next batch. It's verified under ten minutes if Starbucks is good enough only to recognize one verification (there are chances connected with only accepting one confirmation, though we will not get into that in this instance).
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On the flip side, if there's an extensive list of transactions ahead of you, your espresso transaction might not survive into that next batch. What ends up happening would be that your purchase gets queued in place for another shipment. The queue which the transaction is patiently waiting in is known as the mempool. Now you've to wait an additional ten minutes after the prior batch of transactions is completed; i.e., you've to hold out for as much as twenty minutes. Even then, there's simply no guarantee. Perhaps, by now, you find the point and certainly will see precisely how burdening it will become to purchase a cup of espresso with Bitcoin.
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In case you trade on every centralized exchange, although, you could be thinking that Bitcoin speeds are near-instant that is an illusion. On centralized exchanges, all the bitcoin is kept in one location. The Bitcoin of yours and mine are collective. The exchange manages a database that provides and subtracts a history on the Bitcoin you own, dependent on each trade. That is the reason. Bitcoin maximalists argue that you do not truly possess your Bitcoin unless it is in your wallet; if it rests on an exchange, you're governed by risk. The transaction might disappear one day with all of your coins, or maybe just flat out refuse to provide you with the coins you bought.
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As a department store of worth, Bitcoin has several favorable properties. To begin with, it could be had and easily stored. Unlike gold, Bitcoin may be stored for a USB stick, no matter the quantity you have. Gold takes up actual physical space, and holding considerable amounts of it can become apparent. Bitcoin also offers a fixed price. In total, there'll be no more than twenty-one million Bitcoin readily available to the world.
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submitted by VeterinarianOdd9583 to u/VeterinarianOdd9583 [link] [comments]

BIG NEWS FOR CARDANO HOLDERS! 1 MILLION Transaction Per Second! Bitcoin BTC Tether Connection + BAT Craig Wright: Bitcoin vs Ethereum (380GB blocks/smart contracts/scripts/derivatives/h-frqcy trading) 3,000 tx/sec on a Bitcoin Cash throughput benchmark HUGE MOVE COMING For Bitcoin! Chainlink Ethereum Cardano News & More [Cryptocurrency News Online] Gram free earn cryptocurrency.2020

Bitcoin’s property as a medium of exchange heavily relies on three things: Scalability; Liquidity; Adoption; Scalability. Visa is the largest international payment system, facilitating about 150 million transactions a day or 1,700 transactions per second. Bitcoin, on the other hand, has a transaction rate of about 4 transactions per second. 3030 Transactions / 60 Seconds = 50.5 Transactions Per Second You can see therefore It is going to be a very long time before BitcoinPlus has to worry about any scalability issues. If BitcoinPlus - XBC did ever reach mass user adoption we would be able to look at Bitcoin and Litecoin and see what works and what doesn't and impliment the most I read somewhere that Bitcoin can only handle 7 transactions per second. This works out to 604,800 transactions per day. Visa currently processes about 1,700 transactions per second (and can handle vastly higher amounts than this). Ethereum Could Soon Be Able To Process 1 Million Transactions Per Second. Ethereum (), the third largest virtual currency and blockchain network in the market in terms of market capitalization could soon be able to process 1 million transactions per second.This is possible through the Raiden Network (), a protocol that aims at scaling token transfers on top of the Ethereum network. Exchange Professional Trading. Explorer Live Data, Charts & Transactions. Buy Bitcoin Trade. The average number of transactions per block over the past 24 hours. The estimated number of terahashes per second the bitcoin network is performing in the last 24 hours.

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BIG NEWS FOR CARDANO HOLDERS! 1 MILLION Transaction Per Second! Bitcoin BTC Tether Connection + BAT

Per Paolo Ardoino, CTO of crypto exchange Bitfinex, this was a transaction between his firm’s hot wallet and cold wallet, with the latter depositing 15,000 BTC into the former. To give you an idea of just how fast that exchange rate is, Bitcoin only does 7 transactions a second, Ethereum does 22 transactions per second and MasterCard does 24,000 transactions per second. For inctance, Bitcoin can provide only 7 transactions per second for all users, Ethereum - 15. The Gram blockchain platform is expected to be millions of transactions per second. It is should ... This test generates 672,000 transactions and mines them into blocks in about 9 minutes. For reference, BTC is limited to about 4 transactions per second, and mines about 350,000 transactions per day. 📍BIG NEWS FOR CARDANO HOLDERS! 1 MILLION Transaction Per Second! Bitcoin BTC Tether Connection + BAT Digital Asset News. ... 👇BUY CRYPTOCURRENCY & DIGITAL ASSETS SAFELY on U.S. Exchange👇 ...

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