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Co to jest USDQ i Q DAO? Kompletny przewodnik od PLATINUM ENGINEERING. Czysty Co to jest USDQ i Q DAO? Kompletny przewodnik od PLATINUM ENGINEERING
Mihaill Kudryashev, inżynier front-end w PLATINUM ENGINEERING , napisał ten artykuł, starając się podnieść świadomość na temat USDQ , stablecoin , który jego zespół pomaga rozwijać. Wśród największych korzyści, USDQ przynosi pełną decentralizację i możliwości predykcyjne. Wkrótce będą jeszcze w pełni wspierane stabilne monety: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ w ramach Q DAO governance. Powoli ucząc się więcej o blockchains, Mihail skutecznie przekształcił niejasne pomysły w skuteczne rozwiązania front-end z silnym interfejsem użytkownika / UX. W swoim zespole pomógł wielu startupom kryptograficznym usłyszeć swój głos w powstającej globalnej społeczności kryptograficznej. W tym artykule Mihail analizuje kluczowe korzyści, jakie użytkownicy czerpią z korzystania z USDQ.
USDQ zapewnia stabilność, bez potrzeby angażowania starszych źródeł finansowania
Jak monety USDQ i Q DAO działają w ekosystemie?
USDQ jest zdecentralizowaną stablecoin , która wykorzystuje algorytmy, aby zapewnić większą stabilność i niezawodność. Jest wspierany przez Bitcoin (kolejne 10 najlepszych kryptowalut zostanie dodanych w przyszłości). Elegancki system umieszcza wszystkie transakcje na blockchain i umożliwia użytkownikom wykonywanie transakcji transgranicznych i pośrednich w dowolnym czasie iz dowolnego miejsca. Jest on powiązany z wartością USD, tj. 1 USDQ zawsze równa się 1 USD. Projekt ekosystemu zapożycza się w dużym stopniu z ułamkowych systemów bankowych. W skrócie, USDQ jest stablecoin skierowany do klienta, a Q DAO to wewnętrzna moneta „operacyjna”; razem pomagają stworzyć stabilną bezpieczną przystań dla każdego, kto chce zabezpieczyć się przed szalejącą zmiennością rynków kryptograficznych.
Wprowadzenie do Q DAO i USDQ
There's a number of factors that prevent mass adoption of cryptocurrencies. The biggest factor among this is high volatility, seen in crypto. Bitcoin, the oldest and most popular coin, has been fluctuating with prices oscillating between 20,000 and 3,500 in just one year of 2018. No potential adopters, be it merchants or individuals, would be happy with suffering huge losses that such drastic changes can entail. And it's this high volatility that USDQ is set to address, bringing stability and convenience.
Tether (USDT) is probably the most well-known and widely used stablecoin. However, it has been embroiled in various controversies from the very start with no end to these in sight. Although the system is supposed to assure the 1-to-1 fiat reserves for all Tether units created, the website content has been recently changed to say that the issuer views not only cash in the bank, but also various loans to other companies, as the reserves. Both regulators and crypto enthusiasts have voiced concerns, which might bode ill for Tether in the months to come.
USDQ works differently. Here, the stablecoin is pegged to US Dollar and backed by Bitcoin (+top 10 other cryptocurrencies in future). It's similar to lending operations and fractional banking systems. Overcollateralization is used to mitigate potential unexpected changes in assets prices.
The USDQ ecosystem is highly transparent as all of the operations are recorded on the immutable Ethereum blockchain, open to review by anybody and at any time. The smart contracts bring automation to business processes and eliminate the need for middlemen to assure trust and prevent abuse.
In order to determine how viable USDQ will be in the future, we need to discuss the two tokens used within the ecosystem.
Review of Q DAO and USDQ
Q DAO is governance token, entitles holders to participate in voting for new decisions. Importantly, holders are interested seeing Q DAO's prices growing and thus they are incentivized to thoroughly review proposals and deliver the best decisions. In this way, Q DAO imbues higher democracy and decentralization, on which many current crypto projects lag.
In addition, all the fees, charged for the system use, can be paid only in Q DAO.
In order to create USDQ, a user needs to transfer Bitcoins into a Collateralized Debt Contract (CDC). This will automatically trigger the smart contract to generate USDQ and send it to the user. In order to change USDQ back into crypto assets, users need to pay back the amount of USDQ they input and the fees, chargeable in Q DAO Tokens. Whenever this is done, USDQ is automatically destroyed and the Collateralized Debt Сontract is closed.
In addition by getting USDQ directly at the company's website, users can trade in USDQ on secondary markets. It's as easy as trading Bitcoin or Ethereum or any other coin.
Traders can store both coins in their wallets, assuring higher security. The stability and ease of use for USDQ open up wide ranges of adoption for both businesses and end consumers alike.
What makes USDQ stand apart
The main difference between projects like Tether and USDQ is complete transparency and openness in the inner workings of USDQ. All the data is easily accessible on the blockchain and there are no rumors or controversies as to the reserves held by the team, potential conflicts of interest or hidden agendas.
The CDС mechanics ensure that it's impossible to create fake units of USDQ, as smart contract can be activated only after an amount in Bitcoins is input. The development is being done completely transparent. Interested parties can review the smart contract, presented on the website. The audits and peer reviews were carried out to assure the highest quality of smart contract. The website-based scanner enables to track all the data about each and every transaction, including time, amount and collateral size.
In addition, should a "black swan" event occur, i.e. a drastic fall in Bitcoin prices, Q DAO is sold on secondary markets. Bitcoin value is liquidated to make a USDQ buyback procedure, which prevents any losses on the part of the system's users.
Additionally, PLATINUM BLOCKCHAIN ENGINEERING which is helping to develop the ecosystem is working hard to build up long-term partnerships with stakeholders in the crypto industry. The more liaisons the team wins, the better outlook for USDQ will be.
Why do we need stablecoins anyway?
Different assets produce varying levels of volatility in prices, when compared to each other. For instance, the purchasing capacity of US dollar has reduced over time with 1 USD from 1913 equaling 24 USD today (2019). This happens due to inflation 3-10% per year.
In comparison, Bitcoin almost tripled in value in 2018 and then fell down by as much. Thus, fiat currencies are more stable, when compared to cryptocurrencies.
Stablecoins don't attempt to fight inflation. Instead, coins like Tether and USDQ peg themselves to US dollar, bringing relatively higher stability to crypto trading communities. One of the most famous transactions with Bitcoin is when a pizza was bought with Bitcoin back in 2010. At that time, the pizza ended up costing just a couple of bucks, but today it costs millions. Although stablecoins continue to be impacted by inflation and exchange rates that come to them from fiats they peg themselves to, they are nowhere near the mindboggingly high volatility of crypto assets.
One of the major use cases for stablecoins like USDQ is concluding long-term contracts. For instance, when using a popular decentralized platform Augur, users can bet on the price of oil in 5-10 years. The problem is that you won't only have to account for future changes in oil prices, but also for prices in Ethereum or Bitcoin that you use to make the bet. USDQ solves this problem elegantly and without much trouble. Using it, users don't have to consider future changes in Bitcoin prices and they can concentrate on what they've come here for - betting on future events. And they don’t have to worry about technical details as it’s easy to purchase USDQ and use for trader’s purposes.
Betting industry is just one of the many use cases, where USDQ can bring benefits. It can be successfully used for any transactions done across borders and long-term financial contracts. Virtually, USDQ opens up new opportunities any time value is exchanged and volatility has a negative effect.
Bottom Line
USDQ has a high potential to democratise transactions between companies and individuals globally, bringing fast execution and low volatility. The "PLATINUM BLOCKCHAIN ENGINEERING" is working hard to enable and improve various features in order to help USDQ to take leading positions on crypto markets.
Here are the main ecosystem’s features:
The system uses two tokens (USDQ and Q DAO) in order to tackle volatility, while staying on the blockchain.
USDQ is always pegged to USD 1:1. In order to come into line with as many national exchanges as possible and enter other markets, the company will issue other tokens pegged to the national currencies. For example, there will be CNYQ (for Chinese Yuan), KRWQ (for South Korean Won), as well as JPYQ (for Japanese Yen) at the early stage.
USDQ brings higher decentralization, driving this important vector in the development of crypto industry.
Q DAO holders are interested in seeing the coin grow and succeed, thus they will work hard to review and pick the best proposals for the system to move forward.
Taking into account these beneficial features, there's no question that USDQ will become a viable alternative to other fiat-backed cryptocurrencies like TUSD, USDT, GUSD, USDC etc. Competing with other stablecoins, both already operating and just being developed, PLATINUM ENGINEERING will roll out the new features and underlying tech solutions that'll help propel the coin.
USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. Fully on-chain and monitored by high-speed AI robots, ecosystem offers reliable defences against malicious acts and attacks. First run in line of fiat-pegs, USDQ is brought by PLATINUM ENGINEERING Team, looking to edge together innovative solutions in collateralization, using stabilizing mechanisms for high-endurance stablecoins. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under USDQ brand. Fully anonymous, USDQ breaks limits out of this legacy world.
PLATINUM ENGINEERING values your opinion and welcomes you to continue the conversation on Telegram or Facebook, where the company’s development team is always ready to help you find solutions to pressing issues. Working on projects like USDQ, Michael has gained an invaluable suite of skills and insights, enabling to roll out high-usability UI/UX with tight deadlines and lack of clear expectations as to user behaviors. The team has successfully produced white-label wallets, stand-alone fundraising platforms, as well as integrated fundraising ecosystems. Any startup looking for a reliable partner to help execute a success-story will win from a free consultation with the PLATINUM ENGINEERING team about potential solutions to their needs and issues.
This overview may not be fully exhaustive and does not assess the viability of any project, nor its team legitimacy. Readers should conduct their own due diligence before using or investing in any of the listed Stablecoins. This article represents the author’s opinions only and should not be considered investment advice. All described functionality in the article is still under development, it can be changed/processed. Please follow the updates.
submitted by Monciaak to u/Monciaak [link] [comments]

Tezos (XTZ) - Knocking on $4 - How Quick until $10?

Tezos is in the limelight being highlighted in a few high profile interviews this week during the mainstreams coverage of Bitcoin hitting the Futures Market.
What other factors are causing the Tezos price to push All Time HIghs?
submitted by CryptoLiveLeak to tezos [link] [comments]

[WTS] Physical Dogecoins from Spain that contain their Face Value of 10,000 DOGE! Only 500 Minted! Plus Shibanu Dogecoins from the EU <500 Minted!

EDIT: 10/9/15 - I have updated the listing as 2 of the coins have been Sold. There are still 3 of the Crypto Imperator 10,000 DOGE coins left that are truly some beautiful coins, and each contain their Face Value/Denomination of 10,000 Dogecoins, yet any amount can be sent to its address and the coin used as a secure cold storage wallet. Their holograms are Visually Stunning!
Check my personal Limited Edition #95 CI 10,000 Dogecoin graded MS67 by ANACS in the photo album; it is a beautiful coin! It is the last 2 pictures; the very last pic is a duplicate and not the MS67.
Verification and More Pictures (Sorry the verification date is a few days old; I took the pictures and planned on listing them but it was a pretty hectic week)
Click for Full Size/Higher Resolution!
Hey guys, I have a huge collection of physical Bitcoins & other physical cryptos (such as these physical Dogecoins), and I'm selling a few extras. I love all coins in general, but these are my favorite to collect closely followed by old world silver coinage & Norfed Liberty Dollars.
Here is some of my feedback from Reddit sales
Here is my eBay profile with 100% Feedback
Here is my BitcoinTalk profile, where I have probably had the most dealings (Click on "Trust" to see Feedback)
(4 3 Available) Crypto Imperator 10,000 Dogecoins, and some background info. below:
Price per Crypto Imperator 10,000 Dogecoin -- $24
First coming out of Spain in 2014, the 10,000 Dogecoin Series were the first coins ever released by Crypto Imperator, now an established and respected manufacturer of physical crypto coins. With a very low mintage of only 500 coins, some excellent minting strikes, and beautifully complex security holograms, these coins were a hit from the start and quickly sold out. The first wallet-type physical Dogecoins ever minted, each coin contains its face value of 10,000 Dogecoins.
The zinc-alloy 10,000 Dogecoin was first released in June 2014 and is 39mm in diameter with a thickness of 3mm. The denomination on the face of the coin is "10,000 DOGE", and each coin was funded with that amount of Dogecoins by the creator. An appealing yet complex tamper-evident security hologram covers the private key to a unique Dogecoin address containing the coin's funds. The coin can be funded with any amount of extra Dogecoin by the buyer if desired, and can be used as a secure cold storage Dogecoin wallet. If you are ever ready to spend the funds contained within the coin, simply peel the hologram off of the coin to reveal the private key, which you can then import into your Dogecoin wallet of choice (however this will probably reduce the value of the coin as a collectible).
The obverse of the coin features a large centered portrait of a shiba inu dog, the dog breed famous for the "Doge" internet memes and the cryptocurrency Dogecoin. Next to the 'Shibe' is the word "Wow" written in the appropriately chosen font of 'Comic Sans'. Above the Doge portrait reads the slogan, "in shibes we trust", and on the bottom of the coin the denomination "10,000 DOGE" is stamped.
On the coin's reverse is the manufacturer's name "CryptoImperator" across the top and its year of minting "2014" along the bottom, the two sets of writing separated by a beautiful floral print that goes up both sides like a vine. In the center of the coin the tamper-evident security hologram is placed, covering up the coin's private key. Crypto Imperator's hologram is one of the best; there are so many different layers in it and each has a different look depending on which angle it is viewed from (which is why I included so many different pictures). Among the different features that can be seen in the hologram are the words "Crypto Imperator Original", a rocket flying to the moon with the words "To The Moon" present, and a Roman-type figure above 2 pillars and the words "Crypto Imperator". In the center of the hologram a small window is cutout, showing the first 8 characters, or 'First Bits', of the coin's Dogecoin address.
SOLD! (1 Available) Shibanu 50,000 Dogecoin (Un-Funded, DIY physical Dogecoin) and some background info. below:
Price for the Shibanu Dogecoin -- $24 SOLD!
The very first coin released in September 2015 by Shibanu (a new physical crypto coin maker), the Shibanu 50,000 Dogecoin coin is a DIY physical Dogecoin. Each purchase includes 1 coin in a protective flip, and 1 tamper-evident security hologram (for placing a private key and assembling the coin if you choose to do so). This coin has a beautiful gold-plated finish that just shines and pictures do not do it justice.
The Shibanu 50,000 DOGE coin was first released in early September 2015 and is 38mm in diameter with a thickness of 2.5mm, composed of Zinc Alloy with a beautiful and lustrous Gold-Plated finish. The recommended denomination on the face of the coin is 50,000 DOGE, but these coins are unfunded as they were originally sold, and any amount of Dogecoin can be loaded onto them if desired. They can be used as a secure cold storage Dogecoin wallet if you choose to print and place a private key and assemble the coin with one of the tamper-evident security holograms. Please note that these coins are sold unfunded, and do not contain or come with any actual digital Dogecoin value. If you are ever ready to spend the funds contained within the coin (if you've assembled & funded it), simply peel the hologram off of the coin to reveal the private key, which you can then import into your Dogecoin wallet of choice. (This concept can be confusing, just ask if you have any questions!)
The obverse of the coin features the word "SHIBANU" stamped across the top, representing its maker, with "50000 DOGE" (representing its suggested denomination, or face value) stamped across the bottom. A large "D" is stamped into the center, with a Shiba Inu dog leaning on the top, which represents the Doge meme. To the left and right of the large "D" are the phrases "Multus Moneta" and "Multus Fortuna", which roughly translate from Latin to English as "Much Money" and "Much Fortune". The large "D" in the center also has an X pattern behind it, and those surfaces are smooth and shiny strikes, while the background has a nice contrasting textured strike.
The reverse features the word "DOGECOIN" stamped across the top in an arched fashion with the year of issue "2015" stamped across the bottom. There is an indented circular area in the center on the reverse, where a private key can be placed and covered with the provided Shibanu tamper-evident security hologram, if you choose to assemble it and/or use it as a cold storage Dogecoin wallet. Shibanu's first holograms are very appealing on the eye with many different elements, layers, and colors, depending on which angle the coin is viewed from. They feature a repeating "SHIBANU" logo in the background with a dog's paw prints and a rocket heading to the moon in the center, which has a letter "D" and the maker's name "Shibanu". There is also a small window cut out in the center of the hologram so that the coin's "First Bits", or first 8 letters of a Dogecoin address, can be viewed to verify funds contained within.
These coins are DIY (Do It Yourself) physical Dogecoins and as such are sold as unfunded kits containing 1 coin and 1 tamper-evident security hologram. The positive aspect of buying a DIY physical Dogecoin is that you don't have to trust anyone with the private keys to your Dogecoin addresses (and Dogecoin funds). With your coin, your wallet's security will be in your own hands if you choose to generate, print, and place a private key within your coin. The tamper-evident security holograms are designed in a way that if somebody gained access to your physical coin and pulled off the hologram to access your private key, it would be obvious it had been compromised due to a visible honeycomb pattern left across the back of your coin. It is your choice if you want to print a private key and assemble your coin, or leave it un-assembled as it is sold. If you need help or have any questions about generating and printing private keys for your coin, just let us know and we will send you some helpful resources and instructions.
Payment Info.- Bitcoin and/or PayPal Friends & Family highly preferred at the moment (Please leave note/comment line blank if paying with PP F&F) but will also accept PP Goods & Services (add 3% to your total). Also, I almost forgot to add- I will also definitely accept Dogecoins as payment for these physical Dogecoins!
Shipping Info.- $2.25 for basic, tracked shipping in the US via First Class Parcel (no matter if you buy 1 or all 5 coins); this will be extremely well-packaged in a bubble mailer and comes with tracking and delivery confirmation for free. If you want Priority 2-Day (which includes $50 insurance), just add $5 to your total.
Always willing to ship international at cost, and can do so very affordably. PM if interested in buying overseas.
Also- I package very securely & discretely, and drop off each package by hand- so once it's shipped you own it unless you want to pay extra for insurance. I will say though I have never had a package lost out of hundreds (knock on wood..)
About Physical Bitcoins/other cryptos:
In 2011 a man named Mike Caldwell, an avid supporter of cryptography and Bitcoin, had an idea to mint physical coins that could represent digital Bitcoin value in a more conventional way, so that more people would be able to conceptualize and understand this new digital cryptocurrency technology. He came up with a way to mint a physical coin that actually contained the digital Bitcoin value it represented. On one side of the coin, he had a recessed groove stamped into it. He then securely and safely generated new Bitcoin address public & private keys, printing the private keys (needed to spend the funds) and placing them in the recessed groove. He then had complex & layered tamper-evident holograms created to cover the private key, which served 2 purposes: 1- these complex holograms made it harder to ever create a believable counterfeit of his coins, and 2- when the holograms were peeled back exposing the private key needed to spend the funds, it left a honeycomb pattern behind, which would instantly tell someone considering buying one on the 2nd market whether the coin still contained its valuable BTC funds, or if it had been spent. He called his coins Casascius physical Bitcoins, and they proved to be very popular, with several different denominations and Series released over a couple years' time. Today these coins are highly valued & sought after collectors' items. Many individuals, groups, and companies followed suit in the years that followed, designing and minting their own physical crypto coins. And that's where we are today with these coins I have for sale. :) I tried my best to explain how physical Bitcoins/Dogecoins/etc. work in a limited space, but it is hard to fully summarize such a topic in so few words, so if you have any questions just ask!
This can all sound so complicated and confusing to someone unfamiliar with Dogecoin/cryptocurrencies and how they work. If you have any questions about these coins or Dogecoin in general, please reach out to me via a message and I would be glad to help you out!
Thanks for Reading!
submitted by snarlpill to Coins4Sale [link] [comments]

AMA with Tezos on ARK slack

boldninja
All welcome @breitwoman (Kathleen) and @rawzeee (Ross) from Tezos.com - today they will answer any of your questions regarding their upcoming project
breitwoman By way of introduction, I am Kathleen Breitman, the CEO of the company which created Tezos. I am tag teaming this with @rawzeee, who works for the Swiss Foundation which will be responsible for running the crowdsale later this month. Ross will handle crowdsale-specific questions.
rawzeee Hello! Greetings from Zug!
jamiec79 :wave:
breitwoman Very jealous of Ross right now, Zug is gorgeous
techbytes Welcome.
rawzeee I saw a man playing an alphorn in front of UBS today. Most Swiss thing I could've imagined possible.
arkvader Greetings from far far away....
tranzer Hi Tezos! I have 1st question, by the looks of it Tezos will be in OCaml right? Why did you decide on OCaml? Are there any advantages over other languages?
mike Hi Kathleen and Ross, good to see you.
moobox hello Tezos people
breitwoman @tranzer great question. we wrote the protocol in OCaml. It was a confluence of a few things... Pragmatically, we found a great team with an emphasis on OCaml based in France and Arthur (CTO) is a French national so it was possible to work with them pretty seamlessly. On the technical side, OCaml is a great PL for writing code that can later be formally verified. Security and consistency of execution are two principles we tried to optimize for and OCaml lends itself well to those goals. See also section 1.4: https://tezos.com/static/papers/position_paper.pdf (edited)
dr10 hello tezos
breitwoman howdy all!
dr10 How would you shortly & easy-to-understand sum-up the advantages of TEZOS to magazines and non-crypto people?
tranzer What consensus system will you use? Like PoS or some hybrid? Will there be any rewards for signing blocks?
breitwoman My TL;DR runs on two talking points -- Tezos is a new blockchain that aims to create a robust governance model by allowing token-holders to come to consensus on protocol upgrades but also preserve rules over time by using mathematical proofs. Unlike previous blockchains, it can deploy upgrades to the network in an elegant and seamless way.
@tranzer we have our own POS algo. We have nominal inflation in the protocol to incentivize participation.
dr10 So in easy words, Tezos is built to easily adapt to any technic innovations?
breitwoman @dr10 yes, it was borne out of the first alt coin craze when everyone deployed a new token to instantiate even the most marginal improvement
dr10 okay
breitwoman Tezos wants to preserve network effects while keeping pace with innovation
dr10 Your whitepaper has very tech-heavy language. So I'd like to ask questions that are stupid and simple. :smile: What are the three crypto-currencies that are most similar to yours and yet why is Tezos different?
breitwoman Yeah, the position paper is more accessible
dr10 yeah i've read them all
breitwoman 1. Decred. Though they don't push automatic upgrades and they can't introspect on the protocol. 2. Dash. Though they also don't push automatic upgrades, can't introspect, and I think their funding model is a little backwards. 3. Ethereum has a lot of similar technical goals but no formal, on-chain governance model. We made our protocol with a bigger emphasis on formal verification and security.
someonesomeone Hi guys!
dr10 thank you! and hi someone :smile:
In your position paper you state "Tezos truly aims to be the last cryptocurrency." No matter what innovations other protocols produce, it will be possible for Tezos stakeholders to adopt these innovations" - Can Tezos implement any future innovations within its code? Wether its a new programming code, artificial intelligence or implementing big data of anything?
i wondered about that
i am a no-coder so I dont grasp everything
tranzer How much do you aim to raise in your ICO will there be any minimum or maximum? Will it be normal proportional auction or fixed price per token?
breitwoman @dr10 obviously limitations to anything that a blockchain can do... it can't solve poverty or hunger, but we made the code with a very modular design that allows for a lot of flexibility
someonesomeone @breitwoman do you plan on doing a smartbridge with Ark? Or any other partnerships with them? :wink:
dr10 yeah but I am wondering about future innovations like artificial intelligence, if that can somehow be implemented.
breitwoman @smartbridge good question. I like Ark but I'm not familiar enough with what they're up to... open to all sorts of things though!
dr10 My theory is that these future innovations will be interconnected by cryptocurrency
breitwoman @dr10 So, our CTO is a bona fide expert in AI and he doesn't think there are a lot of synergies with AI and blockchains
dr10 What is block target time? What is transaction speed? How many confirmations are needed? Couldnt see that / find that... maybe I oversaw :smile:
breitwoman but we'll keep our eyes peeled
dr10 okay
someonesomeone @breitwoman cool. Ark is doing a great job from what I can gather and I am pretty sure that I will also invest into your ICO, since your project also looks very interesting
breitwoman @dr10 I think that's all referenced in the white paper, which was recently updated!
soporificprose Can you answer Tanzer... I have same questions.
breitwoman That's a good question for @rawzeee
dr10 okay, maybe I oversaw. I have read them all. no problem
In your Whitepaper you state "Bitcoin, Ethereum, Cryptonote, etc. can all be represented within Tezos by implementing the proper interface to the network layer." Does this mean you try to interconnect all those cryptocurrencies? (edited)
breitwoman @dr10 we're targeting 1 minute between blocks. We haven't set a blocksize yet, but we'll her on the side of caution at first. It's better to raise the blocksize through the amendment mechanism once we are confident in the network's throughput.
jakethepanda Will users be able to issue asset tokens and build on top of Tezos?
breitwoman @dr10 no, that's more like Cosmos... a different but cool project
dr10 ark is doing that too
:smile:
rawzeee There is no minimum or maximum, though if only a few million were raised stakeholders would be asked whether or not they wanted to offer another TGE (Token Generation Event) to newcomers. Fixed price of 1 BTC to 5000 XTZ (tezzies), plus a descending bonus from 20% to 0% in 5% intervals every 400 BTC blocks. The entire TGE lasts 2000 BTC blocks. tranzer How much do you aim to raise in your ICO will there be any minimum or maximum? Will it be normal proportional auction or fixed price per token? Posted in #trading_altcoinsToday at 7:12 PM
dr10 I didnt find on that one, or didnt look too deep. What are the references of you and your team members? On what projects did you work before?
breitwoman @jakethepanda yes, they will but we think it's a better idea to propose those features that you'd find in an appcoin as a first class citizen
rawzeee Yes, was typing the answer up! It's posted now. soporificprose Can you answer Tanzer... I have same questions. Posted in #trading_altcoinsToday at 7:15 PM
breitwoman @dr10 I'm a pretty open book... I've worked in finance at a hedge fund and a VC, then in consulting... Arthur worked in high frequency trading for many years at places like Goldman and Morgan. Our developers are very academic
dachshund what type of role/influence do your initial investors (polychain, etc) have in the overall governance of the network, if any
dr10 What is the Payment for ICO? Paying in ETH or BTC or any other and how much will one Token cost?
breitwoman Technically, none. We sold a nominal amount of tokens to a large group of people. They have the same status as any other participant but got a slight discount over the crowdsale price for tying up their capital for several months.
techbytes that include Tim Draper?
breitwoman I solicit their advice a lot though... it's a really savvy bunch and I was a one-woman band on the operational side.
raolin Hey Kathleen - has your team given anymore thought to the post ICO mission? Roadmap? Additional team expansion?
soporificprose Are they restricted from selling for a certain length of time?
breitwoman no
@raolin check out our outline at the end of our presentation https://www.tezos.com/static/papers/Tezos_Overview.pdf
tranzer How much was sold to those pre-ico funders?
breitwoman All in here guys: https://www.tezos.com/static/papers/Tezos_Overview.pdf 612k at an avg 31% discount
rawzeee I listed the BTC ratio above. It's 1 BTC for 5000 XTZ (tezzies) plus a bonus or lack thereof based upon time periods. If you choose to use fiat Bitcoin Suisse AG who is administering the TGE (check their rates and your jurisdiction) they will peg it to BTC. Ether is pegged to BTC and will be accepted at the median (from Poloniex, Kraken, and GDAX) of the last three trade prices utilizing the ETH/BTC pair before the timestamp of the Ethereum block at the time of contribution. It’ll be offered on a best-effort basis and for convenience. If you want certainty contribute with Bitcoin. Otherwise you accept the risk that the exchange rate you'll get may not be precisely what you see on the screen at the moment of your contribution. You may also use other coins via ShapeShift. (edited)
dr10 you will hit poloniex, kraken and gdax?
when?
rawzeee That is referring to the peg of ETH to BTC.
all XTZ are pegged to the BTC price for the TGE.
dr10 ah ok
rawzeee I'm an acronym storm over here!
dr10 Is there already some plan or future business relationship with merchants, exchanges or anything that Tezos could be used as a payment method? Anything you want to share already?
dachshund What were your considerations when deciding to make the ICO un-capped? Any concerns regarding the impact there could be on the price once this starts trading (i.e. no price discovery)
breitwoman @dr10 we've been talking to two exchanges for several months. I'm pretty confident Tezos won't have trouble on that front. I have two partnerships in the works that I'm excited about but shouldn't discuss yet.
soporificprose Curious whether pre-ICO investors paid with BTC or fiat?
breitwoman @dachshund it's primarily about fairness and distribution.
ryano Are you familiar with BOScoin? They once were also using ocaml not sure if they stuck with that. Any comments on the benefits relative to each other
breitwoman @soporificprose fiat
dr10 Can everyone that holds a Tezos token vote on a proposal? Do they have to pay or temporaily lock in the Tokens? How does it work? It sounds like everyone can vote directly, right?
ryano Also i thought Tezos was using delegate proof of stake is this no longer or never was the case ?
breitwoman @ryano that's news to me. I have not gotten a straight answer from them on any technical questions
rawzeee The reasoning for the uncapped TGE here is that the platform is almost entirely done (not an ICO for a white paper) and it is desired that a robust network is built rather than a few fast fingers buying up the entire TGE in minutes or hours. This is particularly important given how governance will work on Tezos.
breitwoman @ryano we are using delegated proof of stake, @dr10 that means you can delegate your responsibilities to someone else if you don't want to be an active participant
dr10 I see
What is the Prediction Market about that you want to implement regarding "Futarchy"? I didnt get that right away
mike Tezos form of DPoS looks very similar to proxy voting, like Liquid Democracy.
breitwoman @mike yes, it is
good catch
soporificprose So their 30% discount was based on the price of BTC at that point? That would make it a much bigger actual discount yo current BTC to 5,000 TZE
breitwoman @soporificprose pardon? no, it was all denominated in dollars
the sale is denominated in BTC
mike I want to add that to Ark at some point as well.
dr10 What is the practical advantage to decentralized, atomated upgrades - compared to lets say Litecoin's Segwit Process?
breitwoman @dr10 yeah I'd read this piece from Robin Hanson first http://mason.gmu.edu/~rhanson/futarchy.html ... but basically you'd run a predicition market with a prompt like "What do you think would be the best feature for Tezos" with many choices and whatever gets the popular vote would be implemented.
dr10 And this predicting/voting will happen inside the wallet?
mike ryano has some very interesting ideas on ranked voting. Have you looked into ways to combine ranked with proxy voting?
breitwoman @dr10 we think defaults matter. upgrading protocols is cumbersome in existing blockchain implementations and it causes stasis
tranzer Is wallet and whole network already developed (since you said platform is ready) ?
sibars @rawzeee Sorry newbie question: Can you please explain in details how the TGE will work on day one?... I download the wallet fist, send you my BTC and then you send me the Tezzies?
breitwoman @mike not closely. we think our first implementation, a straight vanilla two phased vote, is too simplistic. I'd like to discuss more sophisticated mechanisms if you've thought them through!
I know Arthur loves him some futarchy but I'm not as big of a fan
mike that would be a great discussion, look forward to exploring voting systems with you. we plan to try them on bridged chains which can be run as experiments.
breitwoman @mike that's awesome
dr10 xD
Tezos focusses also on faster smart contracts as I understood, right?
breitwoman @dr10 more secure, not necessarily faster
dr10 okay
breitwoman our smart contract language, Michelson, was created with formal verification in mind
mike That named after the Michelson of Michelson-Morley Interferometer? (edited)
dr10 And it uses ZeroCash as privacy mechanism? Or the whitepaper only compared to it and you use something different? I couldnt identify that
breitwoman @mike you got it! https://en.wikipedia.org/wiki/Albert_A._Michelson Wikipedia Albert A. Michelson Albert Abraham Michelson (surname pronunciation anglicized as "Michael-son", December 19, 1852 – May 9, 1931) was an American physicist known for his work on the measurement of the speed of light and especially for the Michelson–Morley experiment. In 1907 he received the Nobel Prize in Physics. He became the first American to receive the Nobel Prize in sciences. (177kB)
dachshund is there something similar to "gas" in tezos that controls for computation of each program, or how do you get around that?
rawzeee @sibars No worries at all. There is a dedicated TGE site (register for updates at www.tezos.com). It'll guide you through the process. You'll generate a paper wallet (easy click through) with seed words. You can save it to a drive and/or print it (probably most secure). You'll verify your wallet number and password you created to generate it, then make your purchase to your wallet #. You can then verify it and make sure it's reflected in the wallet. It'll be simple and easy with a nice interface.
breitwoman @dr10 not yet but Zooko is an advisor and we have spoken about integration. we are more interested in STARKs, the next gen of zero-knowledge
dr10 I see
breitwoman @dachshund yes, we have the concept of gas as well
dr10 I guess you already answered that:
In your Whitepaper you say: Crypto-currencies suffer from the same fate as smartphones which are incompatible with one another; they derive their value from a network effect, or the number of users who have given it value. - ARK will connect all Crypto-currencies by SMARTBRIDGING. Can you imagine working with ARK Smartbridge in your protocol aswell?
yeah you did :smile:
sibars @rawzeee Thanks :)
dr10 More secure Smart Contracts, automatic upgrades in a DPoS model. Any other main focusses or any other attributes you want to innovate or improve compared to other cryptos?
tranzer So will Tezos offer assets on their blockchain like ethereum?
breitwoman @dr10 well, I think that covers the main talking
@tranzer we can, but we think it's more powerful to integrate at the protocol level
dachshund how has traction been within the developer community? I imagine there isn't a limitless pool of developers with the required technical expertise, so you must be expecting to take away from other networks?
mike This is a good overview as well, for those who haven't seen it, https://tezos.com/static/papers/Tezos_Overview.pdf (edited)
geops This all sounds great. The only thing that bothers me is the 1min block time. That seems like a step back compared to modern blockchains. Any goals to improve that?
breitwoman @dachshund we have a very powerful core team. we think our choice of programming language was a good magnet and filter effects. we haven't sourced from other blockchain communities
@geops yeah, that's all pretty flexible
tranzer What is your budgeting plan if you get like 20m how long will that be for? 5 years? More?
geops If you look at integrating with ARK smartbridge tech, you'll sure get lots of investors from here :slightly_smiling_face:
breitwoman @tranzer we go over this a bit in our recent presentation: https://tezos.com/static/papers/Tezos_Overview.pdf
check out the second to last page
tranzer Yeah I'd like to see that as well geops, @fixcrypt is amazing developer from what I have seen so far
breitwoman @geops yeah, totally something we should explore. we're a small team so any partnerships or serious integration have been tabled for later
But I like the idea of ARK and I like what I've seen... so very open to this!
tranzer Must say I like what I'm hearing here will definately invest a few btc
dr10 yes me too
geops definitely good ideas
breitwoman Cool, glad to hear it!
dr10 I think the future of blockchains will be in partnerships too
tranzer dr10 I think so as well that is why I invested in ARK in first place too much competiting and too little cooperation (in other projects) (edited)
rawzeee Hooray! Happy y'all may participate in the TGE.
geops maybe you guys should sit down with @mike and @fixcrypt and discuss possible future collaborations. (edited)
mike Yes, I like the vision laid out by Andreas Antonopolis of many thousands or more of specialized tokens and chains for different applications.
tranzer OK so last question from me that 20% bonus will be for entire 400 first BTC blocks when you start?
jacob breitwoman: Quadratic voting might work for Tezos (http://ericposner.com/quadratic-voting/) ERIC POSNER Quadratic voting Glen Weyl has uploaded a new version of his paper, Quadratic Voting (written with Steven Lalley), to SSRN, which now includes the completed proofs. Quadratic voting is the most important idea for l… Dec 30th, 2014 at 3:57 PM
breitwoman good question for @rawzeee
rawzeee @tranzer yes, indeed!
breitwoman @jacob yes, that's something we've considered
mike Glad to see you have Johann Gevers on board, is he active with the foundation?
breitwoman we didn't want to be prescriptive with v1, so we made it very easy to understand
rawzeee So there is about two days to get that bonus. Then 15% for the same period and so on.
breitwoman @mike yes, he's the director. and he's awesome. total mensch and very philosophically committed to our project
rawzeee I actually had a meeting with Johann today in Zug.
mike Really like Monetas, glad to see there doing well, and the creation of the Zug crypto environment is fantastic.
breitwoman @mike we went through a lot of ups and downs while developing Tezos. basically nobody cared about us for a while, until the DAO basically. Johann always encouraged us to keep going.
yeah, the crypto valley is a brilliant concept
rawzeee It's pretty magical.
tranzer You living there?
breitwoman @tranzer I'm US-based
rawzeee I'm just here for awhile. Also US-based.
nikandro Hi all, sorry if this has already been discussed, but have you spoken with any exchanges about adding Tezos?
breitwoman @nikandro yes, but it's a pretty convoluted process
one nice thing about tezos is that exchanges can act as delegates, which creates great incentives
nikandro Do you expect to have any clarity on that prior to the ICO?
tranzer How can exchanges act as delegates?
breitwoman not sufficient to make an announcement but it's really not something I worry about
techbytes really. Than perhaps Poloniex will add tezos. :slightly_smiling_face:
breitwoman @tranzer you can assign your validation to an exchange's address
nikandro While im interested in developing more than anything, I also understand that trading is a good tool for price discovery, which is critical.
ryano You shouldn't have any trouble getting on an exchange and would be a low priority area to spend your energy while in development
breitwoman they have to volunteer of course @nikandro of course, completely agree. Arthur was a market maker on Wall Street for 10 years
he thinks about this... a lot
@ryano that's what I've heard but people like to be assured that the token will have a marketplace, which is reasonable
It does take a lot of energy and I've been lagging on that front
Security and legal concerns were priority #1, we can iterate and grow the team pretty rapidly after the sale
Having the Foundation build out and assume responsibilities for promoting the protocol will be much better than my one woman band :slightly_smiling_face:
mike I'd expect Bittrex no problem.
jakethepanda First alt-coin you bought?
mike mastercoin
nikandro Sorry to push the matter, but does this mean there will be no marketplace for Tezos after the ICO?
breitwoman @nikandro apparently there will be a futures market running
mike they can't announce if they did - exchanges have NDAs disallowing coins from announcing, leaving it up to the exchanges.
djselery lol, even if they had an exchange lined up right now they probly couldnt talk about it
nikandro @djselery , right, and I'm not asking for specifics, just wondering if implementation is in the pipeline.
breitwoman @nikandro it is
insofar as we have had many conversations/back and forth and its been very positive
I can't say much else other than it's a cumbersome process
nikandro Okay, thanks @breitwoman
jakethepanda I'm sure Tezos will be on an exchange. I don't think that's even an issue.
nikandro @jakethepanda I agree, I was just inquiring about the timeline and I think @breitwoman cleared that up. Many thanks.
jakethepanda @breitwoman Pizza or Sushi?
breitwoman @jakethepanda that's relative to location. In NY, I prefer pizza. Everywhere else, sushi :slightly_smiling_face:
rawzeee ^ good answer.
jakethepanda Tesla or Mercedes?
mward So @breitwoman 5000 TEZOS = 1 btc?
and 20% discount for firat 400 btc raised
dachshund will you be growing the team in NY, is mostly based in europe?
nikandro For sure! In brooklyn, I do the dollar slice ride. Bike around to each vendor that sells dollar slices. yay, pizza!
breitwoman To drive? Mercedes. Tesla's still don't have the handle I like :slightly_smiling_face:
@dachshund they're based in Europe, primarily but I don't have any plans to leave the US
sibars by the way, who designed the Tezos logo?
rawzeee @mward no. 400 is the BTC blocks mined for the first bonus period; it's a time thing. But the ratio you've cited is correct. And then the bonus rate decreases by 5% every 400 blocks until 2000 BTC blocks are mined. (edited)
breitwoman It's a character we found by looking through some libraries. I think it's a TZ symbol from a language that uses that combination often
mward @rawzeee when will it start?
rawzeee Though not a discount. It's a bonus.
May 22nd at 6am UTC.
mward thank you
breitwoman Hey guys, I have to hop on a call in a little. 2 more questions and I'll have to wrap this up!
moobox I don't have a question but i wish your group bon chance or however the French say .
tranzer So little women in here stay a little longer :sob:
ryano Thanks for hanging out and answering questions!
jakethepanda Thanks @breitwoman
http://slack.tezos.com/
breitwoman @moobox vielen dank
@tranzer haha, I'll be back!
moobox salutes like Benny Hill
rawzeee The subreddit is where a lot of discussion happens too: https://reddit.com/tezos reddit tezos.com • tezos reddit: the front page of the internet
techbytes Great AMA session. Thanks for stopping by and answering all the questions. Good luck on the project and I look forward to investing.
breitwoman @ryano thanks for having me! and the very cordial convo
boldninja @breitwoman thank you for taking the time for this AMA - I was just lurking, but all what I would ask was answered. I wish you all the best with ICO and I hope ARK and Tezos cooperate in the future.
breitwoman Thanks guys! Yeah, feel free to bolster our Reddit
mward Aurrevoir!
dr10 thank you very much :smile:
rawzeee Yes, thanks much everyone! So long!
breitwoman @boldninja great to hear it!
@dr10 thanks for the solid qs, really appreciate it
dr10 np :smile:
mike Thanks for stopping by, both of you, and taking the time to chat with us.
look forward to participating in Tezos.
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chart,.,bitcoin,.,value history,.,bitcoin,.,value gbp,.,bitcoin,.,vs ethereum,.,bitcoin,.,vs usd,.,bitcoin,.,volatility,.,bitcoin,.,vs litecoin,.,bitcoin,.,value 2010,.,bitcoin,.,vs gold,.,bitcoin,.,v litecoin,.,bitcoin,.,v dollar,.,bitcoin,.,v euro,.,bitcoin,.,v gold,.,bitcoin,.,v blockchain,.,bitcoin,.,v onecoin,.,bitcoin,.,hack v.2,.,bitcoin,.,worth,.,bitcoin,.,wiki,.,bitcoin,.,wallet uk,.,bitcoin,.,what is it,.,bitcoinwisdom,.,bitcoin,.,whitepaper,.,bitcoin,.,wallet online,.,bitcoin,.,wallet address,.,bitcoin,.,wallet download,.,bitcoin,.,miner.w,.,bitcoin,.,w polsce,.,bitcoiny w polsce,.,bitcoin,.,w niemczech,.,bitcoin,.,w chmurze,.,bitcoin,.,w żabce,.,bitcoin,.,w polsce legalny,.,bitcoin,.,w chinach,.,bitcoin,.,w prawie polskim,.,bitcoin,.,w górę,.,bitcoin,.,xe,.,bitcoin,.,xbt,.,bitcoin,.,xt,.,bitcoin,.,xbte,.,bitcoin,.,xapo,.,bitcoin,.,xrp,.,bitcoin,.,xt price,.,bitcoin,.,xpub,.,x,.,bitcoin,.,generator,.,bitcoin,.,yahoo finance,.,bitcoin,.,year chart,.,bitcoin,.,year,.,bitcoin,.,yield,.,bitcoin,.,ytd,.,bitcoin,.,yubikey,.,bitcoin,.,yoda,.,bitcoin,.,yahoo finance chart,.,ybitcoin,.,magazine,.,bitcoin,.,y control de cambio,.,y combinator,.,bitcoin,.,ecuador y,.,bitcoin,.,bitcoin,.,by paypal,.,bitcoin,.,y el lavado de dinero,.,bitcoin,.,y deep web,.,bitcoin,.,y lavado de dinero,.,bitcoin,.,y litecoin,.,bitcoin,.,and blockchain,.,bitcoin,.,zebra,.,bitcoin,.,zerohedge,.,bitcoin,.,zimbabwe,.,bitcoin,.,zar,.,bitcoin,.,zcash,.,bitcoin,.,zapwallettxes,.,bitcoin,.,zarabianie,.,bitcoin,.,zug,.,bitcoin,.,zero,.,bitcoin,.,zero confirmations,.,bitcoin,.,z value,.,titan z,.,bitcoin,.,mining,.,titan z,.,bitcoin,.,z cash,.,bitcoin,.,nvidia titan z,.,bitcoin,.,mining,.,nvidia titan z,.,bitcoin,.,nakup zlata z,.,bitcoini,.,sklep z,.,bitcoinami,.,trgovanje z,.,bitcoini,.,co z,.,bitcoinem,.,bitcoin,.,0 confirmations,.,bitcoin,.,0.1,.,bitcoin,.,0.1.0,.,bitcoin,.,0 active connections,.,bitcoin,.,0 transaction fee,.,bitcoin,.,0 fee,.,0.15,.,bitcoins,.,0 25,.,bitcoins,.,0.05,.,bitcoin,.,in euro,.,bitcoin,.,2.0,.,0.1,.,bitcoins,.,0.21,.,bitcoins,.,bitcoin,.,1st august,.,bitcoin,.,1 million,.,bitcoin,.,101,.,bitcoin,.,10 year chart,.,bitcoin,.,10000,.,bitcoin,.,148,.,,.,bitcoin,.,10 year prediction,.,bitcoin,.,100k,.,bitcoin,.,100 dollars,.,bitcoin,.,10 years ago,.,1,.,bitcoin,.,in gbp,.,1,.,bitcoin,.,in pounds,.,1,.,bitcoin,.,in £,.,1,.,bitcoin,.,to dollar,.,1,.,bitcoin,.,in inr,.,1,.,bitcoin,.,to euro,.,1,.,bitcoin,.,in gdp,.,1,.,bitcoin,.,in eur,.,1,.,bitcoin,.,to myr,.,1,.,bitcoin,.,in sterling,.,bitcoin,.,2010,.,bitcoin,.,2017,.,bitcoin,.,2020,.,bitcoin,.,2018,.,bitcoin,.,2009,.,bitcoin,.,2013,.,bitcoin,.,21 million,.,bitcoin,.,2012,.,bitcoin,.,2014,.,2,.,bitcoin,.,to usd,.,2,.,bitcoin,.,price,.,2,.,bitcoin,.,to inr,.,2,.,bitcoin,.,wallets,.,2,.,bitcoins to dollars,.,2,.,bitcoins free,.,2,.,bitcoins a month,.,2,.,bitcoin,.,qt,.,bitcoin,.,2 year chart,.,bitcoin,.,2 paypal,.,bitcoin,.,3000,.,bitcoin,.,31st july,.,bitcoin,.,3 confirmations,.,bitcoin,.,3.0,.,bitcoin,.,3 year chart,.,bitcoin,.,3 month chart,.,bitcoin,.,300,.,bitcoin,.,365 club,.,bitcoin,.,3000 usd,.,bitcoin,.,30 confirmations,.,3,.,bitcoins in gbp,.,3,.,bitcoins,.,3,.,bitcoins to usd,.,3,.,bitcoin,.,in euro,.,3,.,bitcoin,.,to eur,.,bitcoin,.,3 unlimited,.,bitcoin,.,3 day chart,.,bitcoin,.,3 address,.,bitcoin,.,4000,.,bitcoin,.,4chan,.,bitcoin,.,4 billion,.,bitcoin,.,401k,.,bitcoin,.,4 backpage,.,bitcoin,.,43,.,bitcoin,.,40000,.,bitcoin,.,4k,.,bitcoin,.,4 year chart,.,bitcoin,.,48,.,4,.,bitcoins,.,4,.,bitcoins to usd,.,4,.,bitcoins in gbp,.,4,.,bitcoin,.,to eur,.,bitcoins 4 backpage,.,bitcoin,.,4 igaming,.,bitcoin,.,4 u,.,bitcoin,.,4 november,.,bitcoin,.,4 cash,.,bitcoin,.,5 year chart,.,bitcoin,.,51 attack,.,bitcoin,.,500,.,bitcoin,.,5 year,.,bitcoin,.,500 000,.,bitcoin,.,5000,.,bitcoin,.,50000,.,bitcoin,.,5 year price,.,bitcoin,.,5 years ago,.,bitcoin,.,5 year forecast,.,5,.,bitcoins in pounds,.,5,.,bitcoins,.,5,.,bitcoins to usd,.,5,.,bitcoin,.,free,.,5,.,bitcoin,.,in euro,.,bitcoin,.,5 years,.,bitcoin,.,5 minutes,.,bitcoin,.,5 min,.,bitcoin,.,5 unlimited generator,.,bitcoin,.,666,.,bitcoin,.,6 months,.,bitcoin,.,6 confirmations,.,bitcoin,.,6 month chart,.,bitcoin,.,6000,.,bitcoin,.,60 minutes,.,bitcoin,.,6 confirmations time,.,bitcoin,.,6 month price,.,bitcoin,.,6 years ago,.,bitcoin,.,60 day chart,.,6,.,bitcoin,.,network confirmations,.,,.,
submitted by besterse to BestCryptoPlatform [link] [comments]

RiP FANOBET?

Valve has begun to take action against our bots. Our solution to that issue is converting skins to Bitcoins. Skins left on the bots after 18.08.2016 will be converted into BTC at a rate of 65% of the Steam market price. If you do not wish to have your skins converted please remove them before 18.08.2016. Example: If you have got $100 in skins on your Fanobet account then after conversion you will get $100*65% = 65$ in Bitcoins. Note: This only applies to customers who use CS: GO and DOTA2 items. Customers who use Skrill/Neteller or any other real money payment method do not need to worry. Your money is totally safe. We are about to introduce Bitcoin payment in the next 24 hours. Please keep in mind that we are just around the corner of introducing PaySafeCard, G2A Pay, Moneta.ru, Qiwi, Yandex and many more payment solutions. What is more we are developing a lot of engaging casino stuff which you will love. Stay Tuned!
submitted by -Mustafa to fanobet [link] [comments]

Bitcoin complementary crypto platform "Open Transactions" founders are ramping things up with their startup "monetas.net". Official investor update.

2013-03-25
With the first days of spring we bring good news about our progress at Monetas.
On Tuesday last week, we had the biggest breakthrough for Monetas since our founding last April. We agreed a deal with our first institutional investor. They are in the process of obtaining their financial institution license from the European Union and will be using our software platform to develop next-generation financial services for their customers. They decided on our solution after years of searching worldwide for a system that could meet their needs. In addition to being our largest investment to date (about USD 200,000), the deal includes profit share (10% of their net profits), plus promoting Monetas to their weekly audience of over 300,000 individuals. This deal will greatly boost our credibility and visibility in key target markets, and make it much easier to raise money going forward.
Next month we're releasing our mobile app for iPhone—months earlier than projected in our business plan. This first release will enable users to instantly send and receive money to anyone in the world, securely and privately—and far more cheaply than possible until now. Smart contracts and additional advanced features will be added in coming months.
To be ready for the launch of our mobile app—and in line with our decentralized software design and business philosophy—we now have our first independent server operators starting up—one based in Canada and a potential second one based in Norway. These server operators are independent businesses that run our server software for profit—signing user transactions for a small transaction fee.
We've made excellent progress the past few months developing important new features that add critical functionality and make it far easier for developers to install and use our system, generating increasing buzz in the developer community:
*Our new ultra-high-level API is now available in all languages, enabling transactions with a single line of code.
*Completed the design of our audit protocol, which further improves the security of our system and greatly extends its potential applications, including traditional banking and trading.
*Completed our next-generation credentials system that enables integration with existing authentication systems while avoiding the vulnerabilities of traditional CA (certificate authority) systems.
*Improved our smart contracts functionality, including escrow and trading features.
*Making good progress on our systray app, which will enable the ubiquitous use and integration of our wallet with any financial application running on the computer desktop.
*Completed our digital cash abstraction layer, which allows users to switch between different digital cash systems.
*Completed our cryptographic abstraction layer, which allows users to switch between different cryptographic systems, and also makes it easy for third parties to audit our cryptographic code.
*Developed high-level architectural models of our software as part of upgrading our system to enterprise-class and ISO 9000 standards.
Building on this momentum, we'll soon release our first "ubiquity plugins" (plugins for internet browsers, telephony applications, Skype, etc.) that will make our platform universally available to users across all devices and applications, allowing us to truly become the global platform for financial and legal transactions, as well as make our mark in the entirely new market of resource allocation created by our technology.
On the business side, we've developed an ingenious new revenue model that will allow us to give away our software for free, thus dramatically boosting adoption, opening up additional markets in financial trading and other areas, and further improving our ability to establish Monetas as the global platform for financial and legal transactions.
We're also taking further steps in the ongoing process of developing and implementing cheaper, faster, better organizational and production models that will further cut costs, speed delivery, and improve product quality and service. Stay tuned for details on these innovations in future updates.
Our system continues to gain positive media mentions. Economist Peter Surda, an expert on the Bitcoin economy, said a few days ago that our system is one of only two systems he knows of that could significantly extend the use of Bitcoin.
Our timing couldn't be better. 2013 is turning into the breakthrough year for Bitcoin and related systems that offer alternatives to the traditional banking and financial systems:
*More and more businesses are accepting Bitcoin, including prominent, large multinationals such as WordPress and Fulfilment by Amazon.
*More and more businesses are paying their employees in Bitcoin.
*Last week, the US Department of the Treasury's FinCEN unit declared Bitcoin officially legal.
*Sparked by the crisis in Cyprus, Bitcoin mobile apps are hitting all-time highs, especially in countries at risk, such as Spain.
*Reflecting growing adoption, the price of Bitcoin has gone up fifteen times in less than a year, rising from USD 5 to USD 75, and is accelerating exponentially.
*Bitcoin businesses are reporting record-breaking transaction volume and revenue.
*Venture capitalists are starting to pour money into Bitcoin startups: Chi-Hua Chien, general partner at Kleiner Perkins Caulfield Byers, a top Silicon Valley VC, tweeted today: "I'm interested in anything and everything Bitcoin right now. If you're starting a company in the space, please contact me."
In other words, Monetas is about to explode onto the digital finance scene, offering a superior solution just at the time that:
*Masses of people are desperately looking for an alternative to the traditional banking system
*Bitcoin is hitting the mainstream.
*Venture capitalists are starting to pour money into Bitcoin startups.
The stream of inquiries from potential customers, investors, and the media is now increasing to the point where we can barely keep up.
Our progress is exceeding our expectations, and we've done so on a faster timeline, with lower costs than budgeted.
All of this means we can now raise our share price from USD 1 to USD 5 per share—months ahead of our projections. I want to take this opportunity to thank our existing investors, who took a leap of faith in our team and invested in Monetas early on when the risks were much higher, when we had virtually no track record, and the future was much less clear.
We're notifying our existing investors first, giving you the chance to increase your investment at the current price of USD 1 per share, before we increase it on April 6.
Onward and upward!
Johann
Johann Gevers CFA CA BCom BSc BA
submitted by inthenameofmine to Bitcoin [link] [comments]

Il BITCOIN ha veramente valore? Bitcoin CRASH! *MARKET MANIPULATION* [July 10th 2020] Moneta Markets - Address Verification (Malaysian) BITCOIN (BTC)  AVVISO IMPORTANTE Why Bitcoin - Episode 1: Money

Bitcoin is the first decentralized cryptocoin ever built on top of a blockchain. It was created by an anonymous person or group of people with the nickname Satoshi Nakamoto in 2009 as an open source project. To understand the Bitcoin blockchain we can imagine a book, where each page number contains a signature that can validate the content of that page and its previous one. Moneta Price: $0.00009355: Market Cap? Market Cap Dominance: 0.00% Trading Volume? Volume / Market Cap? 24h Low / 24h High? / ? 7d Low / 7d High? / ? Market Cap Rank: N/A: All-Time High: $0.00602397? Mar 12, 2020 (3 months) All-Time Low: $0.00004132? Dec 03, 2019 (7 months) Moneta/Bitcoin Ratio: 1 BTC = ? MONETA -95.38%: Market Rank #659: Market Cap: $4,207,941 USD: 24 Hour Volume: $3,367,284 USD: Circulating Supply: 402,400,000 MTH: Total Supply: 402,400,000 MTH: Max Supply Bitcoin BTC price graph info 24 hours, 7 day, 1 month, 3 month, 6 month, 1 year. Prices denoted in BTC, USD, EUR, CNY, RUR, GBP. At the time of writing, Bitcoin is trading down roughly 1% at its current price of $9,225. This is around where it has been hovering in the time following its recent rejection at $9,500. The rejection here proved to be grave for the cryptocurrency’s outlook, and even put an end to the immense rallies posted by many major altcoins throughout

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Il BITCOIN ha veramente valore?

Price: $ 1.52 A physical golden bitcoin Material: Gold Plated Iron Bitcoin design, two sides ... Physical Bitcoin (BTC) - La moneta Peer to Peer - Duration: 0:54. Alessio Calcinai 1,447 views. Trade 300+ Forex Pairs, Commodities, Indices, Share CFDs and Cryptocurrencies through the powerful Moneta Markets WebTrader platform and MobileTrader app for iOS and Android. Visit https ... Bitcoin is a disruptive technological innovation that launched on January 3, 2009. While many focus on its daily price movements, I am more interested in the technology and what applications it ... Arriva il report economico di Bloomberg su Bitcoin. ... FINE della MONETA FIAT. - Duration: 42:40. ... Top 5 Bitcoin Halving Price Predictions in 2020 - Duration: ... Bitcoin Technical Analysis & Bitcoin News Today: The Bitcoin price will get a big move soon. Also, there is a bullish divergence on the 1-hour timeframe in the Bitcoin price.

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