Does anyone know of any preloaded types of wallets I could give to my friend in lieu of a gift card? I found the Bitcoin paper wallet kit and the Opendime sticks, but those are about $40 for the kit or set and then it looks like you have to add your own balance to them. I like the guy, but we're not so tight I would be willing to go over $50 on a gift for him. Apologies if this is the wrong place for this post.
Create a Bitcoin Starter Kit to help increase Bitcoin adoption. It would include a cheap phone with Bitcoin in it along with a Paper Wallet + Instructions + Gift Item.
I have it made already, but haven't done the work to market it. All ideas are useless without execution... http://prntscr.com/8qnbdx -- Thoughts on this idea? bad/good? -- I made it initially for the nyc Bitcoin fair last year, but this is the full product.
Safe Paper Wallet: Offline/Cold storage paper wallet kits, pre-printed, beautiful and with many security features. Don't keep your bitcoin online - keep it safe with a safepaperwallet.
We have opened pre-orders for the SafePaperWallet kit, a pre-printed sheet (4 up) of beautiful paper wallets, with great security features. The QR codes are blank so you can add them securely at home, while offline: See the process These paper wallets are made on a beautiful, thick weave-texture, acid-free and archival quality paper, using the highest professional quality printing process: linotype press. Each wallet has a backup "stub" so you can store a second copy of the keys at a different location. The wallet layout, with backup stub Each kit includes opaque scratch-off security stickers to put on the private keys, to protect from disclosure, water, dirt or scratches. Applying and scratching off the security stickers Each kit also comes with instructions and a set of blank templates to align and test your printer Your kit includes 10 sheets of four paper wallets each, enough to print 40 wallets so you can spread your bitcoin fortune and reduce the risk of loss: Sheet of paper wallets Buy your SafePaperWallet kit now, at a discounted price for pre-orders while supplies last Update: The first 8 of 12 were sold in two days. Four more kits for pre-order, then the price goes up.
Choosing The Best Multi-Currency Wallet For Crypto in 2020
Crypto differs from fiat in terms of storage. It is saved not in some kind of virtual bank, but directly in the blockchain. The coins, information on the distribution of digital assets between users, transaction history – all this data is stored by the chain. Such data cannot be changed or erased in any way. And without a crypto wallet, you cannot manage your assets.
Let’s have a look at different types of crypto wallets.
A cryptocurrency wallet stores your “private” and “public” keys used to send and receive various crypto tokens. The interface and design of the programs help users to get all the necessary information about their digital savings. There are two types of wallets:
Hosted – the keys are stored on the network by a trusted third party (i.e. exchanges);
Non-Hosted – software for a computer or mobile phone. With non-hosted wallets, the users store their keys themselves.
How do cryptocurrency wallets work?
Cryptocurrency wallets are not designed to actually store digital assets; instead, they provide the tools necessary to interact with the blockchain network. The wallet includes a public address, which is an identifier in the form of a set of letters and numbers. This address is a kind of location on the blockchain where you can send coins. You can share your publicaddress with another user to receive funds, but you should never show your privatekey to anyone. A private key provides access to your cryptocurrencies, regardless of which wallet you use. Thus, even if your computer or smartphone was compromised, you can still access your funds from any other device, provided that you have the appropriate private key (or seed phrase).
Types of wallets
This type of wallet is suitable for beginners, since it does not require the purchase of devices, software installation, or downloading the blockchain. It is enough for the user to register on the site. Web wallets are simple and convenient to use, they do not take up space on the HDD and are constantly synchronized with the blockchain network, even when your computer is offline. Cryptopay enables customers to transfer money directly between their Cryptopay wallet and SEPA (Single Euro Payments Area) bank account, store their funds safely in a multi-coin portfolio, protected by two-factor authentication to increase security. Coinbase is a trading service that many retailers use to receive digital currencies from sales. Private keys are stored on the server, and client funds are stored on a cold wallet. You can enable two-factor authentication and install the smartphone app.
The local wallet is installed on the hard drive and loaded with the operating system. Such wallets are divided into “thick” (full-node clients) and “thin” (light-node clients). Thick ones can take up to hundreds of gigabytes of hard drive space. Thin local wallet is actually a program that makes requests to the blockchain through a trusted site. Bitcoin Core is a Bitcoin wallet created by the Bitcoin Foundation. If you want to get a truly secure place for your digital assets, choose this thick desktop wallet. Exodus is a universal thin crypto wallet. It supports 100+ altcoins and has a built-in exchange service. Also, Exodus can interact with the Trezor Crypto Hardware Wallet.
Mobile phone and browser wallets
Mobile wallets are available through special applications. You can use them for shopping in real stores where crypto is accepted – just like ApplePay. Benefits of Mobile Wallets:
Convenient to use on the go;
Extra features like a QR code scanner.
Disadvantages of mobile wallets:
In case of loss of the phone, you will also lose all your savings;
High risk of virus attack.
Coinomi is a multi-currency application with two integrated exchange services (Shapeshift and Changelly). The wallet supports 100+ virtual coins, the keys are stored exclusively in the application. Browser wallet is an extension for Chrome and Opera browsers. It is very easy to use: you just enter seed phrases and get access to the savings. The Jaxx extension for Chrome from the team of developers of the browser wallet KryptoKit, supports not only Bitcoin, but Ethereum as well.
This is the most reliable option for saving virtual assets. They look like ordinary USB flash drives. The user inserts a USB, logs on a wallet program by entering a password and thus gets access to the funds. All operations are performed not in the system, but directly on the flash drive itself, which eliminates extraneous access to data. Trezor wallet supports most of the top coins, it can be synchronized with the MyEtherWallet online wallet, as well as Chrome and Firefox browsers to get access to crypto funds. Ledger Nano S is miniature, safe, and easy to use and has several levels of protection. Asset management is performed through the Ledger Manager utility.
A paper wallet is a piece of paper that usually has QR codes that can be quickly scanned to get the address to a crypto account. The main advantage of services like BitAddress and Bitcoin Paper Wallet is that the keys are actually stored offline, which makes them immune to hacker attacks. The main drawback, however, is that the paper wallet can be stolen or lost.
Which wallet is the safest?
An offline crypto wallet is the most reliable one. You can install a local wallet on a PC that is not connected to the Internet and store your digital assets on it, but this is not very convenient if you need to quickly complete a transaction.
The choice depends on how you plan to use your tokens. Small amounts of crypto can be stored on thin local or Internet wallets, and for long-term storage of large amounts, it is better to get thick or hardware wallets. In any case, remember to strictly observe all security measures.
Thai Nhat Minh | Stably: First of all, can you have a brief introduction about yourself as well as about Chromia? Henrik_hjelte, Sergelubkin Henrik Hjelte: Hello. My name is Henrik Hjelte. I am Co-Founder and CEO of Chromia. I have more than 30 years of experience in programming and a degree in Economics from Uppsala University. BTW economics and computers = blockchain, so finally found a job that fits me. I was introduced to the blockchain by the leader of the colored-coins project Alex Mizrahi in 2013 Colored coins project was a very influential thing It was the first way for user created tokens bolted on to the only blockchain at the time (almost) bitcoin We started ChromaWay 2014, with Or Perelman too, to explore if the world was interested in “tokens” and those kind of applications We worked with enterprise blockchain for some time, but now we are focused on Chromia, a new public platform for mainstream decentralized applications using relational blockchain technology. Ok, maybe I should tell something about Chromia and not myself too. Chromia is a better blockchain for building decentralized Apps. better because it follows the “normal worlds” way of managing data. A little history: I found a text/description to paste: Chromia is a brainchild of ChromaWay. ChromaWay has a long record of delivering pioneering projects around the world. We issued Euros on the Bitcoin blockchain with LHV bank, allowed investors to invest in startups in a wholly decentralized way with Funderbeam, digitized the title transfer process with the Swedish land registry, and mediated the green bond market. ChromaWay’s core team created the world’s first protocol to issue tokens already in 2012, when blockchain was called “bitcoin 2.0”. Then ChromaWay introduced the relational model to enterprise blockchains with a consortium database called Postchain. Now Postchain is going public as the foundation for Chromia, a better blockchain for building decentralised Apps. Chromia is a new public blockchain based on the idea of integrating traditional databases, Relational databases with blockchain security. Chromia is a general purpose blockchain with full smart contract capabilities, just that it is a lot easier to code, even complex applications. You code with an easy to learn new programming language that combines the power of SQL and normal languages but makes it secure in a blockchain context. Up to 1/10 the code-lines vs other blockchains. If you don’t believe me, check this blog (later, stay in the chat): https://blog.chromia.com/reasons-for-rell-compactness/ The aim of Chromia is to combine relational databases, which exist in every kind of organization, with blockchains. We want to provide a platform for our users to develop totally decentralized apps securely. Our goal is for Chromia to be seen as the number one infrastructure for decentralized applications. Think about it: blockchain is about managing data (in a shared context). And… What do we use to manage data? A Database! Serge: Sure! My name is Serge! And I work in Chromia marketing department. Also, I help coordinate various projects inside the company My background is in Economics and Marketing Thai Nhat Minh | Stably: Question 1️⃣ DApp is currently mainly concentrated in the field of games, and its life cycle is basically short, just like the Crypto Kitty is only hot for a while, how to dig the application of DApp in more fields and how to improve the utilization rate of DApp? u/henrik_hjelteu/sergelubkin Serge: Good one, let me answer Gaming is quite a challenging target because good UX is expected, it needs to be fast, responsive, etc. If we can do that, then we can also do all sorts of other stuff. Also, it lets us experiment with things without a lot of hassle, it’s easier to get users, and so on. It’s also a growing niche within blockchain. You can check our latest game, Mines of Dalarnia https://www.minesofdalarnia.com We also have Enterprise projects already, for example Green Assets Wallet https://greenassetswallet.org/about that already launched on the first Mainnet version called Bootstrap Net,we also have https://capchap.se built on our tech, more projects like non-profit review platform Impactoria, public land registries, medical projects and so on Also don’t forget about our fully decentralized social network/forum that is live already on the testnet https://testnet.chromunity.com. Thai Nhat Minh | Stably: Question 2️⃣ How will dapp face the world change after the epidemic? u/henrik_hjelteu/sergelubkin Henrik Hjelte: Nobody can say for sure, but maybe people will tend to be online more than offline, so demand on online products and dapps as well will increase. I just came in from an internal demo of a secret project we do, and it can be seen as a way to hang out online (a bit cryptic answer) There are also interesting use cases of dapps in the medical field. For example, we participated in the world-wide hackathon Hack for Sweden. Where our submission was to create an app on Chromia blockchain that increases the coordination between countries and hospitals especially during the hard time and COVID19. Chromia wants to help the European Union (and the world, but we saw problems in the EU…) and its citizens to provide transparency over the necessary medical and protective devices and appliances of which we see shortage during this emergency crisis. You can watch our promo here https://twitter.com/chromaway/status/1247557274337447938?s=20. For me it was a fun Hackathon too because for once I got the opportunity to code… I told everyone else I will not do any bossing… We try to continue this path on medical applications a bit. Thai Nhat Minh | Stably: Question 3️⃣ DApps are still not directly embedded in mobile phones like Apps at this moment, and DApps have also been flooded with bet content. How can guests increase the use of DApps and lower the threshold for using DApps? u/henrik_hjelteu/sergelubkin Serge: The answer is — better User Experience. We believe that in order for a DApp to be usable and become more widely accepted it has to feel like a normal App. A DApp needs to have quick transactions, scale well & shouldn’t require users to pay for each transaction. This is something that is possible now with using Chromia. It’s an extremely exciting time since we are going to see a new generation of DApps. On top of that, we think that we might have an ace coming up. We have built a game to demonstrate the powers and possibilities of Chromia. A little bit about the game: In Mines of Dalarnia (https://www.minesofdalarnia.com), players get to explore the vast expanses of interplanetary treasure mines. With an innovative Dalarnia Token system, players can purchase virtual mining plots, and put them up for rent into the community, allowing for real-estate tycoons to earn more Tokens. Mining plots can also undergo their own upgrades, making them more lucrative to explore, as well as a hot property for rental by miners. The game takes advantage of these NFT-based tokens to securely track exchanges, and provide a sense of ownership and wealth to players as they grow their mining and resource empire. Watch our trailer https://youtu.be/bDXKOp1Asqw and sign-up for the TestNet on the website! Thai Nhat Minh | Stably: Question 4️⃣ Many practitioners think that the main reason for restricting the development of DApp is “incomplete infrastructure”. How effective is the current “cross-chain” and “side-chain” solution? u/henrik_hjelteu/sergelubkin Serge: Our infrastructure resembles Alibaba Cloud, so a DApp developer just goes and deploys his DApp’s blockchain into it, it’s easy. Also our language Rell https://rell.chromia.com/en/maste is more robust than any other blockchain programming language.Or Azure or AWS Rell combines the following features:
Relational data modeling and queries similar to SQL. People familiar with SQL should feel at home once they learn the new syntax.
Normal programming constructs: variables, loops, functions, collections, etc.
Constructs which specifically target application backends and, in particular, blockchain-style programming including request routing, authorization, etc.
We want people to join our channels such as telegram, twitter, email also our decentralized forum https://testnet.chromunity.com and participate in discussions
We want people to try our dapps such as Mines of Dalarnia
We want to get feedback and understand the most important issues people care about Chromia and the blockchain industry in general
We want to get more developers building on top of Chromia
LBTS: What was your motivation for creating RELL and not use other languages? What benefits? Why name it RELL also? Henrik Hjelte: We have a private/federated relational blockchain called Postchain, and it allows SQL. But that can work in a small environment when you know all parties, and if you are really careful in checking code. But not for a more secure, distributed on the web setup, so we had to make it more secure (Deterministic, statically typed). In the process, we also took the opportunity to make it cool and nice. Also: it is simply not possibly to use evm, jvm, or web assembly. We need/want a database in the bottom. Postgresql is our virtual machine. You do not reimplement that…. 10+ years codebase…. Lee: Being part of the gamer community, I would like to know what you would think about collaborating with a MOBA, RPG or Arcade game or some kind of project? Henrik Hjelte: We are already collaborating with some smaller studios. For bigger fish, we want to show them what is completely unique and visionary with Chromia, and we think we need various examples. So, first arcade game MoD (linked above) is one example, it is not the full potential or anything but a start. In this summer, krystopia 2 a puzzle game from Antler Interactive will be released. What is even cooler is the “demo project” we do together with them, where we will show how a mutliplayer game with real blockchain features will work. I just saw it an hour ago and was blown away OH, and there is another studio releasing something very cool. Full logic on chain strategy game. Chain of Alliance. oyibo pepper: Do you encourage HACKATHON programs for intending Developers to test their skills and build on RELL Can you explain more about CHROMIA AMBASSADORS PROGRAM, CAN I BECOME AN AMBASSADOR Serge: Yes, you can, but you will need to change your avatar 🤣 Seriously, we are growing our Chromians community if you want to become one please ping our admins in Chromia telegram group. Also, we are planning virtual hackathons soon, please subscribe to stay updated Infinite Crypto: Since the Chromia project is currently working on the Ethereum blockchain ERC20 standard! But we know that there are a lot of scalability issues with Ethereum, so why would you choose the Ethereum blockchain over other scalable blockchains? Do you have any plans for Mainnet launch of Chromia? Henrik Hjelte: ETH is just used in a pre-phase for tokens. We will have our own mainnet tokens interchangable with ETH. Oyinbo pepper What’s CHROMIA SSO and SDK, how can I get started Henrik Hjelte Both are 3 letters. That is what they have in common. SDK = software development kit, check docs on https://rell.chromia.com SSO = single sign on. A unique UX improvement. You approve an app in your wallet (vault) with super ease. no need to remember codes sso: https://blog.chromia.com/chromia-sso-the-whys-and-the-whats/ We have a fundamentally different model from bitcoin and ethereum and the likes. The blockchain is not run by anonymous computers in basement and student dorms across the world. We have more of known identities, so 51% attacks is protected not by PoW/PoS but other consensus. Please see our whitepaper. Note that we are not noobs when it comes to this, our CTO Alex has published papers in academic journals on consensus etc. from 2013, and done several important ideas for blockchain. Sidechains we think he was first with, tokens too. Sheron Fernando: Is there any plan to makes partnership with local cryptocurrency developers from each country to make $CHR usage more worldwide? Serge: Yes, we are looking for cooperation with more external developers. Send me a message if you are interested in developing something on Chromia. Stella: What are the underlying problems in the Dapps today that can be solved with the Chromia protocol? Serge:
Scalability — on Chromia your dapp can have unlimited numbers of users thanks to parallel scaling
Easiness of use — you don’t need external wallets, no need to buy crypto to pay for gas etc
Cost — in general to deploy the dapp and to use the dapp
Marcel Lagacé: Why build this platform? What is Chromia mission? What are the most prominent features of the platform? Can you clarify the use case for this feature? Henrik Hjelte: We build the platform to fix the problems with blockchains, that we ourselves have experienced since 2014 (before ethereum existed). LBTS: Can you tell us about Chromia developers? How motivated and experienced are they to always deliver the best products? Henrik Hjelte: I can tell you that we recruit developers that are really good, from all parts of the world. Vietnam has been a hub because we found many good, so in Ukraine. How can we say “we have so good developers”? First one thing that is a bit different is that we are pretty experienced in leadership team of development. I do not code much anymore since I’m a CEO. But I do have now over 30 years of experience. Got published and was payed when I was 15. First full-time professional developer job at 18. Have released open-source projects used by 10: s of thousand developers. And Alex, our CTO is Extremely good. That is why I recruited him to my old startup 2006 or so… So: we have experience to sort out good developers from bad. Marcel Lagacé: Does Chromia staking model is different from other staking platform?? What are the beneficial advantages of chromia staking system? Serge: The main difference is that we have independent Providers, entities that are not connected. These serious players are exchanges, data centres, professional staking companies. They provide a backbone of the ecosystem and host dapps. Like Amazon servers in the cloud. They cannot have stake bigger than the maximum thus they can’t control the network. This is probably the main difference with classic DPoS networks Nguyen Duy Bao: A lot of people will want to know what the strength of Chromia is but I want to know the weaknesses and problems Chromia faces ? How do you plan to solve it? Henrik Hjelte: A weakness I guess is weak compared to “competition”. And there are some blockchain projects that got crazy amount of funding. So how can we compete with that, when they can hire more developers for example? Well here is what experience comes into play: More developers does not always increase productivity a lot, it is diminishing returns. You can see many large projects, with 100 of developers fail miserably with no results. And actually, sometimes true with marketing spend too. It is generally good with money, but if you are a bit clever you can compete also on marketing with less money than your competition. Please follow Chromia on Social Media: Website: https://www.chromia.com Twitter: https://twitter.com/chromia FaceBook: https://www.facebook.com/teamchromia LinkedIn: https://www.linkedin.com/company/chromia Telegram: https://t.me/hellochromia Decentralized Social network Chromunity: https://testnet.chromunity.com Free-to-Play Blockchain Game Mines of Dalarnia: https://www.minesofdalarnia.com
I'm trying to put together a list of what's coming out this year. Have this very simple list so far. Anyone care to add anything or suggest some better dates?
Latest News (most recent first) - Instant channels enable safe Lightning payments with unconfirmed funding Beta - Feb 10, 2019 - Voyager, New trading app from Uber & E-Trade execs announce launch date - Feb 9, 2019 - bumi/blockstream_satellite ruby gem for the Blockstream Satellite API - Feb 8, 2019 - New Zap Desktop 0.3.4 is out. New features, massive performance - Feb 8, 2019 - New release: @lightning desktop app v0.4.0-alpha - Feb 8, 2019 - valerio-vaccaro/Liquid-dashboard - Feb 7, 2019 - Japanese SBI Holdings will allow trading of coins - March 2019 - lnd v0.5.2-beta released - Feb 6, 2019 - Koala studios launches online LN gaming platform - Feb 6, 2019 - Independent Reserve has become the first #crypto exchange in Australia to be insured, with coverage underwritten by Lloyd's of London. - Feb 6, 2019 - Coinbase announces BTC support for their mobile (keep your own keys) wallet - Feb 6, 2019 - Blockstream published a new open source Proof of Reserves tool. - Feb 5, 2019 - RTL release v0.1.14-alpha - Feb 5, 2019 - dr-orlovsky/typhon-spec spec for new trestles side chain published - Feb 5, 2019 - Payment requests coming soon to BTCPay. - Feb 5th, 2019 - Kraken Acquires Futures Startup In Deal Worth At Least $100 Million - Feb 5th, 2019 - Next Blockchain cruise scheduled for June 9-13 - Feb 4, 2019 - Work on a GoTenna plugin to Electrum wallet in progress - Feb 4, 2019 - Bitcoin Candy Dispensers being open sourced - Feb 4, 2019 - New release of JoinMarket v0.5.3 - Feb 4, 2019 - Prime Trust won’t charge its clients to custody digital assets any longer. - Feb 4, 2019 - nodogsplash/nodogsplash wifi access using LN - Feb 3, 2019 - @tippin_me Receive tips using Lightning Network adds message feature - Feb 3, 2019 - Bitcoin-for-Taxes Bill in NH Unanimously Approved by House Subcommittee - Feb 3, 2019 - Full support for native segwit merged into bitcoinj - Feb 3, 2019 - Bitfury is partnering with financial services firm Final Frontier! - Feb 2, 2019 - Now you can open #LightningNetwork channels in @LightningJoule - Feb 2, 2019 - Integrating Blockstream’s Liquid payments on SideShift AI - Feb 1, 2019 - Wyoming legislature passes bill to recognize cryptocurrency as money - Feb 1, 2019 - Casa is open sourcing the code for the Casa Node - Feb 1, 2019 - Casa Browser Extension released - v0.5.2-beta-rc6 of lnd, full release getting very close now - Feb 1, 2019 - Tallycoin adds subscriptions and paywall features in bid to rival Patreon - Jan 31, 2019 - Static channel backup PR merged into LN - Jan 31, 2019 - The NYDFS grants another Bitlicense to ATM operator - Jan 31, 2019 - @pwuille currently proposing the “MiniScript” language to describe BTC output locking conditions for practical composition - Jan 31, 2019 - Fidelity is in the “final testing” phase for its new digital asset business - Jan 31, 2019 - Hardware wallet PR #109 just got merged so that @Trezor no longer requires user interaction for PIN - Jan 31, 2019 - CBOE, VanEck & SolidX filed a new & improved bitcoin ETF proposal. - Jan 31, 2019 - Casa Node code is now open sourced - Jan 31, 2019 - Next Bitoin halving in roughly 497 days - Jan 31, 2019 - BTCPay released 220.127.116.11 - Jan 31, 2019 - @binance now lets users purchase cryptos using Visa and Mastercard credit. - Jan 31, 2019 - Bitfury to Launch Bitcoin Operations in Paraguay - Jan 31, 2019 - Coinbase introduces very generous affiliate program - Jan 30, 2019 - DOJO Trusted Node bitcoin full node. Coming Early 2019 - Jan 30, 2019 - FastBitcoins.com Enables Cash-for-Bitcoin Exchange Via the Lightning Network - Jan 30, 2019 - TD Ameritrade says clients want cryptocurrency investment options - company plans major announcement in 'first half of 2019' - Jan 30, 2019 - Storage component of Fidelity's @DigitalAssets live, with some assets under management, @nikhileshde - Jan 29, 2019 - lightning mainnet has reached 600 BTC capacity - Jan 29, 2019 - Drivechain shows picture of Grin side chain and suggests might be ready in 2 month - Jan 29, 2019 - Lightning labs iOS neutrino wallet in testing stage now - Jan 29, 2019 - Aliant offering cryptocurrency processing free-of-charge - Jan 29, 2019 - Chainstone’s Regulator product to manage assets on the way - Jan 29, 2019 - Fidelity Investments’ new crypto custody service may officially launch in March. - Jan 29, 2019 - Gemini's becomes FIRST crypto EXCHANGE and CUSTODIAN to complete a SOC 2 Review by Deloitte - Jan 29, 2019 - Iran has lifted the ban on Bitcoin and cryptocurrency - Jan 29, 2019 - Confidential Transactions being added into Litecoin announcement - Jan 28, 2019 - http://FastBitcoins.com Enables Cash-for-Bitcoin Exchange Via the Lightning Network - Jan 28, 2019 - Germany’s largest online food delivery platform now accepts btc - Jan 27, 2019 - Launching a Bitcoin Developers School in Switzerland - Jan 27, 2019 - RTL release v0.1.13-alpha Lightning Build repository released - Jan 27, 2019 - The first pay-per-page fantasy novel available to Lightning Network. - Jan 27, 2019 - Numerous tools become available to write messages transmitted with Blockstream Satellite - Jan 26, 2019; - BTCPay 18.104.22.168 released - Jan 26,2019 - WordPress + WooCommerce + BTCPay Plugin is now live - Jan 25, 2019 - Juan Guaido has been promoting #Bitcoin since 2014 is new interim president of Venezuela - Jan 25, 2019 - Morgan Creek funds @RealBlocks - Jan 25, 2019 - Coinbase integrates TurboTax - Jan 25, 2019 - Robinhood received Bitlicense - Jan 25, 2019 - Anchor Labs launches custody - Jan 25, 2019 - NYSE Arca files w/ @BitwiseInvest for BTC ETF approval - Jan 25, 2019 - South Korea, Seoul, Busan & Jeju Island currently working to create pro crypto economic zones. - Jan 25, 2019 - valerio-vaccaro/Liquid-dashboard - Jan 25, 2019 - Bermuda to launch crypto friendly bank - Jan 25, 2019 - Mobile Bitcoin Wallet BRD Raises $15 Million, Plans for Expansion in Asia - Jan 25, 2019 - BullBitcoin rolling out alpha access of platform - Jan 25, 2019 - Electrum Wallet Release 3.3.3 - Jan 25, 2019 - Bitrefill, purchase Bitcoin and have it delivered directly over LN - Jan 25, 2019 - South Korean crypto exchange Bithumb looking to go public in USA - Jan 24, 2019 - Bitcoin Exchanges Don’t Need Money Transmitter Licenses in Pennsylvania - Jan 24, 2019 - US; New Hampshire Bill Aims to Legalize Bitcoin for State Payments in 2020 - Jan 24, 2019 - Robinhood, LibertyX Receive Licenses from New York Regulators - Jan 24, 2019 - Bakkt Bitcoin futures contract details released - Jan 24, 2019 - Blockstream CryptoFeed V3 now includes 30+ venues and 200M+ updates per day - Jan 24, 2019 - Binance Jersey – The Latest Binance European Exchange - Jan 2019
Bitfury Rolls Out Lightning Peach, Its Own Suite of Lightning Tools - Jan 24, 2019
Good news. v3.6.2 just hit the play store for Android. - Jan 24, 2019
Bitrefill - LN now accounts for more payments than alts - Jan 24, 2019
proofd.app allows you to store a checksum of a doc on the blockchain - Jan 24, 2019
487 days until bitcoin halving - Jan 23, 2019
New #GalaxyS10 coming with ‘Samsung Blockchain KeyStore’- Jan 24, 2019
Proof-of-Reserves tool for Bitcoin github.com/stevenroose/reserves - Jan 24, 2019
Lightning Network Pac-Man Arcade introduced - Jan 23, 2019
Hi Bitcoiners! I’m back with the 32nd monthly Bitcoin news recap. For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you an overview of what happened in bitcoin over the past month. You can see recaps of the previous months on Bitcoinsnippets.com A recap of Bitcoin in August 2019 Adoption
The Segwit opens up new possibilities like the Lightning Network,Tumblebit, Schnorr Signatures,_Confidential Transactions, Cross-chain atomic swaps, and so on.We are alreadyexploring all these new functions, and testing the water.We expect the first implementations as fast as possible.
“TimeTravel10”, that actually bases on 40320 different combinations of hashing algorithms and that easily can be extended_to 362880, 3628800 or even more,lets miners travel through time throughthem or through them through time.
MESSAGE TESTING! Looking for feedback, comments, and suggestions from the community
Hey everyone, the Komodo marketing team is finalizing some copy that will be used to send to people interested in building on Komodo. We'd like to message test this with the community before finalizing so please let us know if you have any suggestions or feedback. Thanks everyone! END-TO-END BLOCKCHAIN SOLUTIONS Komodo Platform is a thriving, open-source ecosystem of cutting-edge technologies in the burgeoning blockchain sphere. It is Komodo’s mission to accelerate the global adoption of blockchain technology by removing barriers to entry for developers, blockchain startups, and existing businesses alike with simple, end-to-end blockchain solutions. When looking to integrate blockchain tech, there are many competing technologies and platforms to choose from. What sets Komodo Platform apart from the competition is a proven track record of identifying and innovating solutions to all of blockchain’s most pressing problems. Rather than focusing on a single use case or feature, Komodo Platform has built a comprehensive toolkit of blockchain solutions that addresses every essential aspect of the technology. In particular, Komodo’s tech focuses on providing top-notch security, scalability, and interoperability, as well as hybrid privacy features. This holistic approach ensures that all who build on Komodo have the tools they need to be successful, including a variety of customizable white-label products that slash time to market while still providing complete flexibility and control. All of these strengths, combined with a clear vision for a global blockchain ecosystem, make Komodo Platform the world’s leading provider of end-to-end blockchain solutions. AN ECOSYSTEM THAT ALWAYS PUTS SECURITY FIRST For Komodo Platform, security comes first. Security is always at the forefront of the development process. As such, every blockchain launched on Komodo Platform is protected with the power of the Bitcoin hashrate. At the same time, all blockchains built on Komodo are protected by Komodo’s innovative security mechanism, known as delayed Proof of Work (dPoW), which stores backups of the entire Komodo ecosystem onto the Bitcoin ledger every ten minutes. Here’s how it works. Every ten minutes, a snapshot is taken of the entire Komodo ecosystem. Then, this snapshot is written into a block on the Bitcoin blockchain. This process is called notarization and it is the backbone of Komodo’s security mechanism. Komodo Platform’s notary nodes carry out the technical work required to successfully complete notarizations. In essence, dPoW functions as a form of 2FA for blockchain projects. A potential attacker would need to take down both the BTC and KMD networks before they could alter, disrupt, or destroy your chain. 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Slack log for Ark token's value proposition discussion 16-07-18
Please find below a log of the discussion we had in slack regarding the ark token's value proposition. Some of the community members who happen to be long term holders of ark feel that the ark token's value proposition isn't clearly communicated by the team so they asked about it. I'm posting the entire discussion it here to make a permanent record since slack wipes messages after a while. -------------------------------------------------------------------------------------------- arigard [7:21 PM] Hey team, so I'm curious. Is there any update on a new white paper at all that was being mentioned? I've been holding Ark since it hit Bittrex and I personally don't really have a clear idea about how the token is going to work in the overall picture, or what really the direction is for the project once v2 is out. It feels like things have gone a bit flat recently, are there any updates on direction and what the plan is once V2 is live? Is there any idea about when it might go live? Or how the Ark token will fit into the economy (will it be a gas?). I see a lot of other projects i'm invested in coming up with very clear roadmaps/dates and direction about what they want to be and I still personally feel Ark's message is a little confused and hard to read especially for people who are not coders/developers. rob [ Ark Labs ] [7:22 PM] the roadmap is on the site, arkdirectory.com/kits has nice presentations and other goodies roks0n (deadlock) [7:23 PM] @Matthew_DC mentioned a couple of days ago that he’s preparing several blog posts which should explain most of these @arigard rob [ Ark Labs ] [7:23 PM] the Blog also goes into lots of v2 details Djenny Floro (Ark Tribe) [7:24 PM] Hi everyone. rob [ Ark Labs ] [7:24 PM] Ark is Ark, not like Eth with gas, hence no gas. Hey @Djenny Floro (Ark Tribe) welcome back Djenny Floro (Ark Tribe) [7:24 PM] Hey rob, hi Rok :slightly_smiling_face: roks0n (deadlock) [7:25 PM] Rob, I think he means how everything will be connected with ArkVM etc. similar conversation as the one few days ago (edited) Djenny Floro (Ark Tribe) [7:25 PM] It's been a while, but I was head on in the project, sorry for not showing more often. arigard [7:25 PM] Yeah my main question is really I still don't know what will give the actual Ark token value . goldenpepe [7:25 PM] we dont know how the arkvm will work All we can do is wait Doubled1c3 (ArkStickers.com) [7:26 PM] uploaded and commented on this image: bucket.jpg @Djenny Floro (Ark Tribe) goldenpepe [7:26 PM] We can make assumptions but that's all they'll be roks0n (deadlock) [7:26 PM] @arigard this was the discussion: https://arkecosystem.slack.com/archives/C2ABRLZB8/p1531422791000216 roks0n (deadlock) definitely, I’m not blaming anyone :slightly_smiling_face: Was just curious if there were any developments in terms of the updated whitepaper because I was reading one of the threads on reddit from 6 months ago where it was mentioned you’re looking to hire someone write it up. Posted in #generalJul 12th arigard [7:26 PM] And I kind of feel this is such a big elephant in the room for people in the long run. roks0n (deadlock) [7:26 PM] click on the link and read from that post on (edited) arigard [7:26 PM] ok Djenny Floro (Ark Tribe) [7:27 PM] I saw that there has been some drawbacks with the V2 ? (Not sure if it's exact, I only came a few times and seemed to understand it was so) goldenpepe [7:28 PM] There are just some incompatibilities between v1 and v2 in devnet which is why devnet is currently down rob [ Ark Labs ] [7:28 PM] ArkVM may be unnecessary as more modern approaches to handling contracts are available, one of the main issue is having them be distributed just like the tokens. goldenpepe [7:28 PM] There's a community run v2-only devnet though #devnet_unofficial rob [ Ark Labs ] [7:28 PM] it's more like drawback with v1 arigard [7:30 PM] I mean I've seen a lot of stuff in that discussion discussed over the past year and there still seems to be no concrete answers coming out and that is a bit of worry to me personally. It makes it look like the team doesn't even know. I think most that know of Ark understand it wants to create an easy way to deploy blockchains and work as a platform and have some inoperability options. But the fundamentals of how that work right now seems to be up in the air. In other projects I know what gives those tokens value, but in Ark I don't, so it's hard for me as an investor to really sell to someone else the benefits of the token when there is a big question mark still on it. rob [ Ark Labs ] [7:33 PM] do you know that Ark Deployer has been available for quite some time? arigard [7:34 PM] Yes, that doesn't really answer any questions though. mak [7:34 PM] Ark deployer helps the main chain's business case somehow? arigard [7:35 PM] What gives Ark token actual value? Like what is the reason people need to buy and hold the Ark token? That is my question. Djenny Floro (Ark Tribe) [7:36 PM] @mak what you're saying is kinda like answering you can use a hammer when asked what a nail do. arigard [7:36 PM] You don't need to buy the Ark token to deploy a chain. You can just do it. Djenny Floro (Ark Tribe) [7:36 PM] I mean, the Ark Deployer doesn't answer what's the Ark. mak [7:36 PM] @Djenny Floro (Ark Tribe) my point was directed towards rob's comment. I think you misunderstood it. Djenny Floro (Ark Tribe) [7:37 PM] @mak My bad then. I apologize. Blockhunter [7:38 PM] :boogieark9: rob [ Ark Labs ] [7:38 PM] " I think most that know of Ark understand it wants to create an easy way to deploy blockchains and work as a platform and have some inoperability options. But the fundamentals of how that work right now seems to be up in the air." This is why I wrote that.. there is no mystery of how that works. You are mistaken or uninformed. arkenstone [7:38 PM] That's the problem here because team is programming orientated but there hasn't been alot done on business aspect of the token and marketing investor point big view mak [7:38 PM] That only explains the value of the ark codebase not the blockchain though arigard [7:38 PM] I think you seem to be trying to turn the argument in a seperate direction. It's a simple question. What gives the Ark token value. rob [ Ark Labs ] [7:39 PM] The market does. It's on 19 different exchanges. arigard [7:39 PM] Seems like you are being unhelpfully obtuse. I'll rephrase. roks0n (deadlock) [7:39 PM] so one thing that is clear to me is interoperability using ACES, where ARK is used as a “middleman” between two different chains, so if there’s high volume between those chains, it means the volume of ark increases as well .. what I’d like to know is how things will work with arkvm and how it will all work with sidechains (on eth, all the side chains will basically link back to the main chain which will be the one responsible for security afaik?) arigard [7:39 PM] What gives the Ark token value in the Ark ecosystem. Blockhunter [7:40 PM] Vote for Pedro he will make all your dreams come true arigard [7:40 PM] Eth is a gas, Waves is a gas. Ark is... what? mak [7:40 PM] ACES can work with any chains though. Doesn't have to be ark main chain. So I guess tomorrow persona can become the settlement layer for the Ark ecosystem and there's no incentive to stop it from happening. arigard [7:40 PM] ^ roks0n (deadlock) [7:41 PM] Mak, correct but if there are already lots of chains connected between ARK, it will be more appealing to link it through ARK directly Djenny Floro (Ark Tribe) [7:41 PM] As I understand it, ACES could be using any given blockchain as the middle man... roks0n (deadlock) [7:41 PM] it doesn’t mean that it can’t be copied tho arigard [7:41 PM] But there are no chains connected through Ark atm That have any real value anyway roks0n (deadlock) [7:41 PM] eth and btc are arigard [7:41 PM] And they can be connected through any Ark clone. bangomatic [7:41 PM] I'd love to hear the Ark team chime in on this discussion arigard [7:42 PM] So anyone can come along and make another chain that can instantly overtake Ark at this present time if there isn't a failsafe reason for Ark to be the defacto currency. rob [ Ark Labs ] [7:42 PM] https://arkecosystem.slack.com/archives/C2ABRLZB8/p1531762883000422 you can't keep saying things like this as if they are true. arigard That have any real value anyway Posted in #generalToday at 7:41 PM Blockhunter [7:42 PM] Interoperability to the moon mak [7:42 PM] "it will be more appealing to link it through ARK directly" Currently Ark is the only mature chain because it's been around longer but the moment persona or some other bridge chain gets listed on an exchange that dynamic is no longer there. So why would you prefer Ark over persona when that happens. That's the question as far as I understand it. (edited) rob [ Ark Labs ] [7:43 PM] Persona has other goals, not duplicating Ark goals Djenny Floro (Ark Tribe) [7:43 PM] @bangomatic Hi! arigard [7:43 PM] What current sidechain of Ark has real value/position in the crypto market? Persona? bangomatic [7:43 PM] hey @Djenny Floro (Ark Tribe)! mak [7:43 PM] The blockchain as a transaction medium doesn't care about secondary goals. It still has all the capabilities that Ark has. Colby [7:43 PM] What has value right now? :thinking_face: rob [ Ark Labs ] https://arkecosystem.slack.com/archives/C2ABRLZB8/p1531762883000422 you can't keep saying things like this as if they are true. https://arkecosystem.slack.com/archives/C2ABRLZB8/p1531762883000422 Posted in #generalToday at 7:42 PM arigard [7:43 PM] Ark's ecosystem at present is not big enough to be a reason not to just take the tech and start your own. To think otherwise is ludicrous. rob [ Ark Labs ] [7:44 PM] that's a fine opinion Jarunik [7:44 PM] it is harder than you think :slightly_smiling_face: arigard [7:44 PM] We aren't Eth with multi $100mn + start ups and even if we were, what's currently to stop one of those just overtaking Ark and leaving it behind? Jarunik [7:45 PM] i hope some ark clones get really sucessful to be honest :slightly_smiling_face: Colby [7:45 PM] Same here! Jarunik i hope some ark clones get really sucessful to be honest :slightly_smiling_face: Posted in #generalToday at 7:45 PM Blockhunter [7:45 PM] HODL ROCKET TECHNOLOGY mak [7:45 PM] Same here but then there's no reason to hold Ark over something else arigard [7:45 PM] i hope so too if there is some reason for Ark to always be there at the top considering it's the Ark platform. Colby [7:45 PM] But the thing is that I am wondering, if ark clones get successful, what benefits does it give back to ark Djenny Floro (Ark Tribe) [7:45 PM] @Jarunik to create an ecosystem? mak [7:45 PM] Right now we have to consider Ark's value not the other bridge chains arigard [7:45 PM] But if there isn't a reason for Ark to exist at the top, why are we all holding it? Colby [7:45 PM] Haha I think we are all thinking the same :slightly_smiling_face: arigard [7:45 PM] It's a terrible business plan rob [ Ark Labs ] [7:46 PM] the point of BridgeChains is to allow new projects with no access the market a path to them through Ark, and hence gain value. Other blockchains connections are through ACES, such as BTC, LTC, ETH, and more coming.. Persona has a way to trade Ark <> Prs arigard [7:47 PM] What is to stop them from getting their own exchanges in the future and just using Ark as a stepping stone to becoming their own platform operator? mak [7:47 PM] Sure rob, but there's now 10 different projects doing the same and they are faster in development than the ark team is arigard [7:47 PM] ^ Blockhunter [7:47 PM] Ark is the Yoda of blockchain and they need a better catchphrase. Better than ark gives no dates or point click blockchain arigard [7:48 PM] This attitude seems horribly naive if this is the value proposition. mak [7:48 PM] All of us believe in the vision that Ark brought us but I personally am not sure if Ark is the best option to execute that vision in time arigard [7:48 PM] The issue is, we don't know what the value proposition is. mak [7:48 PM] Other projects seem much faster rob [ Ark Labs ] [7:48 PM] if you are into speculation, which it seems you are, then on paper all of your projects with no code are better and have more value than Ark arigard [7:48 PM] That's not true at all. lol. Matthew_DC [7:49 PM] At the most base level, ARK is a common currency token that is essentially automatically compatible with every bridge chain that is built based on ARK and is optimized for transaction volume and throughput to avoid bloat of other mechanisms introduced by the other chains. That is at the most basic level. By holding the ARK token itself, you will be able to enact the functions of multiple bridged chains both issued by our team and others. You will also be able to utilize the ARK chain as a pegged token to many bridged chains but that process will be transparent to users as it will be done behind the scenes without the user needing to do any functions. To think that someone will fork the code and generate a more effective ARK main chain means you have no confidence in the ARK team as the primary developer of the technology itself. In this case, if we are not and someone pushes a better version of the network, then I would argue maybe they SHOULD be chosen. That is the point of a free and open market. Not to mention the potential for registering and providing snapshot hashes to the main ARK blockchain to provide added security measures to a bridge chain with lower security due to lower market share etc, those are just baseline reasons. As I mentioned the other day, at face value, consider this. What brings value to Litecoin or Bitcoin or Doge? In essence, ARK is a more effective currency and base network than all of these aforementioned networks with all of the added benefits being added for additional use cases. roks0n (deadlock) [7:50 PM] will ark based chains be bridged via arkvm? goldenpepe [7:50 PM] They cant be You'd need the VM on both sides Matthew_DC [7:50 PM] I am currently on a conference call and have a lot going on so I can't respond too much. goldenpepe [7:50 PM] You can use AIP11's new tx types to do a sort of escrow between chains though i think mak [7:50 PM] @Matthew_DC Are you saying that the bridgechains deployed by ark-deployer don't have the same features? rob [ Ark Labs ] [7:50 PM] ArkVM is not for bridging chains goldenpepe [7:51 PM] It can be Coinme [7:51 PM] And ICO's that will join Ark in the future will use it for buying their token. goldenpepe [7:51 PM] But both chains will need to be running the VM Matthew_DC [7:51 PM] The ARK main chain will have specific methods of allowing token transfer and utilization between chains to include quasi-centralized methods through aces, decentralized aces based intermediary networks, Time locked transfers, among custom built smart contract like logic built into the core technology itself that doesn't make the network susceptible to the bloat and mis-utilization an vulnerabilities of full VM use. goldenpepe [7:51 PM] (which the main ark chain wont be) mak [7:51 PM] "ICO's that will join Ark in the future will use it for buying their token" Or any other bridgechain that's listed on exchanges @Matthew_DC So will all of the bridgechains, no? I could start an ACES node today for persona and it will have no difference from what you describe. Matthew_DC [7:52 PM] @mak no, we promised ARK would be open source and everything we build for the core ARK blockchain will be open source. arigard [7:53 PM] You can be open source and still protect your value.. Matthew_DC [7:54 PM] The point of ARK from day 1 has been to create a better base layer blockchain technology and protocol for everyone everywhere to be able to use to create anything they can dream up. The ARK token is a core payment layer for the ecosystem including any applications we build ourselves, sponsor, partner with, or support. mak [7:54 PM] It seems like the team's vision for Ark is as a software product only and there's no business plan for the main chain. Which is fine but it's not explained as such. (edited) Blockhunter [7:55 PM] Great to see such active discussions goldenpepe [7:55 PM] I think what Matt is trying to portray is this: A single universal Ark Ecosystem wallet holding ARK that has a nice UI with a list of dapps in the ecosystem You select a dapp You send a tx from the wallet using Ark ----------------Everything below this line is transparent to the user----------------- The Ark transaction has instructions in the smartbridge field The Ark gets converted to dappCoin via an intermediary like ACES (trustful) or a trustless escrow smart contract The intermediary received Ark and uses the dappCoin on the dapp chain to do whatever it is the user wanted to do using the instructions in the smartbridge field The dappchain responds to the request to the intermediary Intermediary sends an Ark tx with the results of the dapp computation/action in the smartbridge field ---------------Everything above this line is transparent to the user------------------- After 8+ seconds, user's wallet shows them the result of their interaction with the dapp bridgechain That's where the value of Ark will come from The Ark coin will be a universal "omni-coin" Matthew_DC [7:56 PM] :this: This goldenpepe [7:56 PM] That will instantly shapeshift into bridgechain coins to interact with the bridgechain dapp mak [7:58 PM] I understand what your point is and I agree it will work but only as long as none of the bridge chains are on an exchange when for example persona gets listed on binance the scenario changes and now either chain can become the backbone of the ark ecosystem arigard [7:58 PM] Yes. We see that. But hypothetically what is to stop a bridged Ark chain from becoming bigger than Ark and then going on to become that gateway? At this point it just seems to be hopium that the Ark network will always be the one people look to. But in one year, or two, or five, it might not be the case. What is to stop Ark being just sidelined if another team come along with develop on what Ark has built and propel it forward and take the mantle? goldenpepe [7:58 PM] What you say will be a problem only if the utility of the dapp coin is greater than the utility of the ark omnicoin Would you rather hold a coin that can do one thing and is forever tied to a single chain arigard [7:59 PM] But in other crypto's an app becoming sucessfull is a benefit. In Ark's network it could be a negative. goldenpepe [7:59 PM] Or would you rather hold a coin that can interact with that single chain and 3232523432 others arigard [7:59 PM] But why can't another coin become an omnicoin? If there are no limitations against it goldenpepe [7:59 PM] Why can't another coin become ethereum? mak [7:59 PM] "What you say will be a problem only if the utility of the dapp coin is greater than the utility of the ark omnicoin" Or if it gives out better staking returns etc like persona because of higher inflation rate goldenpepe [7:59 PM] if there are no limitations against it You can literally go on AWS right now and deploy an ethereum clone chain arigard [7:59 PM] It can, but an ETH token can't oust ETH That's the difference. We are giving people an easy route here. rob [ Ark Labs ] [7:59 PM] do you often think your children should not surpass you? Or is that the hope? Matthew_DC [8:00 PM] Well it's about security, trust, potential vulnerabilities due to added functionality, the ability of the bridgechain team to create interactions and focus on use cases for their token outside of their core use, etc. But that's the point of open and free markets goldenpepe [8:00 PM] There is a solution to your concern @arigard Matthew_DC [8:00 PM] What is to stop someone from being better than Bitcoin? arigard [8:01 PM] I think all these strawman arguments are fun, but they still aren't adressing the issuel goldenpepe [8:01 PM] Instead of having Ark Deployer literally cloning the ark codebase, have it be a turnkey solution to run a layer 2 chain Matthew_DC [8:01 PM] You could go fork Ethereum right now and have an exact copy of the capability of the main Eth chain. goldenpepe [8:01 PM] bridgechain dapps can be "colored coins" that are forever tied to the main chain arigard [8:01 PM] Yeah but you wouldn't have those businesses on the chain. goldenpepe [8:01 PM] but that would introduce bloat Matthew_DC [8:01 PM] So you are saying the utility of Ethereum is adoption. arigard [8:01 PM] And those businesses won't have the potential to become the main ETH. Matthew_DC [8:01 PM] Which is the case for the value of any token. goldenpepe [8:01 PM] @arigard It sounds like you want ark to become Ethereum Plasma arigard [8:02 PM] I just want an answer. Matthew_DC [8:02 PM] How many companies are pulling their ERC20 tokens off of Ethereum because of the issues? Colby [8:02 PM] Yeah but correct me if im wrong goldenpepe [8:02 PM] There is no answer that will satisfy what you are asking arigard [8:02 PM] And i keep getting strawmanned. Colby [8:02 PM] Ethereum projects NEED eth for gas Matthew_DC [8:02 PM] We talk to people almost every day that are looking to leave Ethereum. Colby [8:02 PM] Ark is needed for? arigard [8:02 PM] ^ Colby [8:02 PM] This is all I am wondering, where does the ark coin fit into it I love the idea goldenpepe [8:02 PM] @arigard You want ark-based coins to rely on Ark The team wants the Ark chain to not be bloated The solution to this is unironically ethereum plasma and sharding Colby [8:02 PM] but have been waiting for a while to know how the Ark coin will actually be used goldenpepe [8:03 PM] Shards in ethereum are basically "bridgechains" arigard [8:03 PM] Ok, and those teams might be big enough and clued up enough to eventually knock Ark from being the de facto omni coin. That's the worry. If this is in fact the possibility. Then it should be clear. mak [8:03 PM] "You could go fork Ethereum right now and have an exact copy of the capability of the main Eth chain." @Matthew_DC Ethereum has value because all the dapps live on it which is not true for ark arigard [8:03 PM] Because as an investor it worries me, a lot. I don't know where the value of Ark as an investment is 100% right now. Jarunik [8:03 PM] Ark is basically the inverse approach to Ethereum. Eth goes for big one-fits all first and tries to shard ... Ark is creating shards and then combines them goldenpepe [8:03 PM] There is no solution to what @arigard and @mak are saying right now Literally no existing solution Only proposals like sharding arigard [8:04 PM] And all this noise about defensiveness doesn't help. These are legit concerns. Matthew_DC [8:04 PM] When was it not clear that if a company comes along and builds a better more used product it could potentially take over market share? That's how all free markets work. You can't believe in open source and build and open source product without that risk. arigard [8:04 PM] But that isn't the same thing. Ark is literally building THE tools for people to then do that. mak [8:04 PM] @Matthew_DC Just to clarify I appreciate the work you guys are doing but I want to make an informed investment decision about holding the ark token arigard [8:04 PM] As a platform. Jarunik [8:04 PM] yes ... that is the idea how to grow arigard [8:04 PM] if you cloned Bitcoin back in the day you were a seperate currency. Jarunik [8:04 PM] provide good tools for others to create chains arigard [8:04 PM] This is a platform, its totally different. And what we are discuswsing here is who runs that platform. Matthew_DC [8:05 PM] If someone launched an Ethereum chain right now and gained adoption there is a huge potential that all tokens decide to move their ERC20 tokens to the new chain and it becomes the new Ethereum and you have in essence lost all value because Ethereum is not capable of being used on the bridge chain as a currency. ARK maintains it's value if for no other reason than the pegged value to any chain we personally create to include VM chain, token issuance chain, etc. arigard [8:05 PM] If it's built by Ark, does Ark always retain control? if not, why? What happens if Ark ends up building tools for a subsidary project that propels itself above them. Investors will just move to that coin. Matthew_DC [8:05 PM] Because it's an open decentralized system. The problem is people don't actually believe in decentralization if it possibly harms their potential for monetary gain. rob [ Ark Labs ] [8:06 PM] we hope bridgechains get popular because that also means more for Ark in many ways. arigard [8:06 PM] You can be decentralized without being 100% altruistic. It's not mutually exclusive. mak [8:06 PM] @goldenpepe Since you guys claim that there's no solution for this how about I present one which @Matthew_DC can decide if it's useful or not. Make delegate voting for the ArkVM happen on the main chain. So anyone who wants to become a delegate for the VM needs to hold money on the main chain. arigard [8:07 PM] It just seems people are being dogmatic about this. And if this isn't about investment. Why have an ICO? Matthew_DC [8:07 PM] Ethereum being the core chain for all ERC20 token based businesses centralizes the industry in a massive way. Not only is Ethereum itself centralized in the way it's mining structure was developed, but it also is centralized in that if the Ethereum network is compromised, thousands of companies assets and business are now compromised. We don't believe that is the future. mak [8:07 PM] I'm not saying that this should be done for all sidechains. Just for the VM and it will be a special case. Matthew_DC [8:07 PM] We believe in a different business model. That has been at the core of every description and explanation I have given from day 1. arigard [8:07 PM] Ok and that's fine, but my point is this should be made very clear if it's the case. From the team officially. goldenpepe [8:07 PM] @mak now you're strawmanning me Matthew_DC [8:07 PM] Where is it not clear? goldenpepe [8:08 PM] I was addressing the fact that the idea that bridgechains shouldnt be independent and should be tied to Ark being in conflict with the Ark team's idea that the main chain should not be bloated with dapps The only plausible solution to that right now is Ethereum Plasma Sharding yokoama (thefoundry Delegate) [8:09 PM] Sharting mak [8:09 PM] "We believe in a different business model." I respect that. But it changes the ark's value proposition to just being a source of funding to the ark team and a means of speculation. goldenpepe [8:09 PM] Shards in ethereum are like bridgechains but the coins are all erc20s that rely on ethereum Matthew_DC [8:09 PM] People said ARK's DPoS mechanism would be a failure when we changed the voting structure because they said it wouldn't be secure enough. It has turned out to be massively secure compared to the centralized cartel run solutions of other DPoS chains. This is another fundamental issue where we believe we have a model that will work and will create value and thousands of use cases for the ARK token in a seamless way for the average user. goldenpepe [8:09 PM] and the shard blocks dont interfere or bloat up the "main" eth chain mak [8:09 PM] @goldenpepe I'm not suggesting deploying dapps on main chain. Just that the voting should take place there so there is always incentive to keep money on the main chain. Matthew_DC [8:10 PM] At no point did we say ARK was gas and have constantly made sure to outline the differences between ARK and Ethereum. I believe the Eth model is flawed. goldenpepe [8:11 PM] The current ethereum model is flawed If sharding works then it's going to solve a lot of its issues (i dont hold any ethereum btw) arigard [8:12 PM] At no point have we actually had an updated white paper discussing this question in detail, clearly. It's not on the website and if it is it's buried somewhere in a blog post. The fact these discussions keep cropping up is proof of this. nukacolaplease [8:12 PM] I think we don't understand clearly what makes Ark important after the launch of the sidechains, Ark will be only an "exchange token"? The sidechain doesn't need Ark for operating goldenpepe [8:12 PM] +1 on needing a new whitepaper Matthew_DC [8:12 PM] replied to a thread: This is a means of centralization of the network. Instead, by utilizing a form of pegged bridge chains, we can maintain a similar effect without creating centralization and reliance on 1 chain for others to properly function. arkenstone [8:12 PM] I think these things should be clearly written in a new WB and officially made public and promoted goldenpepe [8:12 PM] A new whitepaper would clear up so much FUD pieface [8:13 PM] Yeah I think a new WP is needed for sure arigard [8:13 PM] So don't start going "Oh everybody knows this, it's clear" Show me where on the front page of the website it tells you how the token mechanics will work in the ecosystem? It's not good it being on some powerpoint on a google drive, or hidden in comments in the slack. mak [8:13 PM] I though there wasn't going to be a new whitepaper. arigard [8:13 PM] It needs to be clear to investors how it works, exactly. goldenpepe [8:13 PM] I agree with arigard here I only know what I know because I live on slack Matthew_DC [8:13 PM] The solutions are still in development and there are always opportunities to continue to adapt the model, that's why I have these conversations and ask for feedback regularly, but the core fundamental belief of how open and free decentralized markets should work most likely won't change. arkenstone [8:13 PM] Same here goldenpepe [8:14 PM] The vast majority of ark holders have no idea they just bought bc of the cool red triangle arigard [8:14 PM] Stop playing cute, this is people's money you are asking for. So at least give them the benefit of being honest that there is no inherent business model reason why Ark will be necessary in the future. And let them make their decisions. roks0n (deadlock) [8:14 PM] I agree, it took me months of following discussion on slack and digging around reddit to get information arigard [8:14 PM] With proper information. mak [8:14 PM] replied to a thread: It's centralizing value onto one chain but doesn't bottleneck the ecosystem so I don't see anything being wrong with that. Matthew_DC [8:15 PM] replied to a thread: I'm not arguing with you and I made a clear post here within the last 2 days that our website messaging is shit and needs completely redone. If the ARK network is compromised or the consensus mechanism of the ARK main net is compromised then all subsequent networks reliant on that consensus would be compromised as well. mad4thrash [8:15 PM] In my opinion Ark's value come from (in the future) the fact that by holding one coin I can interact with every bridgechain plus any ACES services Matthew_DC [8:16 PM] So what I am saying is that we have to be cautious of these kinds of decisions and ensure that we aren't inadvertently creating attack vectors to take down partners, businesses, and other industries using the technology. I'm sorry guys, I have to go, but I would love to continue this conversation on Reddit or here at a later time. mak [8:16 PM] "all subsequent networks reliant on that consensus would be compromised as well" ^ Correction: only the VM chain will be compromised since I'm not advocating that all bridgechains should vote on the main chain. Matthew_DC [8:19 PM] In an isolated case, if we can map it out and vet the concept, I'm more than happy to hear it out and have the conversation. Solowatch [8:19 PM] So I think we can all agree an updated Whitepaper is due Matthew_DC [8:20 PM] This is a community project and we are shaping pieces of it together as we continue to build. We have already made changes based on community feedback on many occasions. So I would love to see someone post a proposal to reddit or even as an AIP at some point that we could discuss. Jarunik [8:20 PM] If you write a white paper it will be outdated soon :smile: Solowatch [8:21 PM] Well a V2 whitepaper shouldn’t be outdated soon I don’t care about a V1 or V1.5 whitepaper lol I want a whitepaper for V2 that’s clearly explaining all these concerns that the community has arkenstone [8:22 PM] :this: Solowatch [8:23 PM] I wrote a few questions down that I’ll post in here later today that @rob [ Ark Labs ] asked for. Please add to it if I missed anything once I do. arkenstone [8:23 PM] And I think now it's the time do it. Present it with full package on mainet launch.. (edited) Solowatch [8:23 PM] Or PM and I’ll add them before posting mak [8:25 PM] Anyways thanks for listening and responding @Matthew_DC. Some of us have been trying to discuss this with the ark team but didn't get much feedback until today. arigard [8:25 PM] Yeah +1 arkenstone [8:28 PM] Alot of early investors are getting worried
There is a huge surge in devices attached to the internet, known as the Internet of Things, and it is estimated that over 80 Billion devices will be connected to the internet by 2025, from industrial machines to devices in our home. The constant hacking and cyber attacks have increased not only the demand but the necessity of secure solutions. Our privacy and digital footprint are at risk. [b]Some examples where encryption plays a role: [b]Secure messaging - To make messages truly secure we need a process whereby a cryptography can be applied to encrypt transaction. [b]Secure calling - Secure calling is a process whereby the caller and the recipient of the call are identified and linked via a blockchain enabled cryptocurrency transfer, again creating public and private encryption keys making the call truly private. [b]Secure media storage - To safely and securely store media a process is required where 1.) Access to the media is encrypted via public and private keys of the person wanting to store the media. 2.) The media itself needs to be encrypted with a set of encryption keys and 3.) Media storage costs need to be paid via cryptocurrency [b]Secure browsing - To browse the internet securely we need to create a process of verification whereby nodes on the blockchain can verify websites as “safe”. Furthermore, the entire process needs to be encrypted as well. [b]Verification - This is one of the most important uses of a blockchain, we can verify websites as in the example above but also various other things such as identity, title and ownership, date stamps and source of products as with the verification of the source of agricultural or other products. These are just a few examples. All of this data needs to be encrypted as well. [b]“Smart home” security - Wi-Fi is often used for remote monitoring and control. Home devices, when remotely monitored and controlled via the Internet, are an important constituent of the Internet of Things - all needing encryption, otherwise, hackers paradise. [b]EOT in the future - The examples we mentioned above are only “scratching the surface” of where these technologies are applicable and who knows what will be invented in future. Google, Apple and Uber are all testing cars that drive themselves. A major issue with this technology is again the security aspect and the need to protect against hacking and who want’s to get into a spaceship to Mars that might be hacked or hijacked by ransomware? So the future for the [b]“Encryption of Things” – EOT, looks very interesting indeed and the role of crypto currencies in this will be major. Read the full white paper here - http://eottoken.com/index.php/whitepape The first device using EOT Coin is the BitVault®[/b] - the World's first crypto communicator and blockchain phone. The BitVault is a revolutionary new product that is built around security and privacy enabled through Blockchain technology. Biometric Security enabled through fingerprint and iris scan. Iris patterns are unique to you and are virtually impossible to replicate. This means that iris authentication is one of the safest ways to keep your BitVault locked and the contents private. Proven Biometric technology brings a whole new level of security to your crypto currency and blockchain transactions. Creating Military grade security for your device through third party independent Multilayer security. September 2017 – Swiss Bank in Your Pocket integrates EOT Wallet(Achived) October 2017 – BitVault®, the world’s first blockchain phone launches in London with integration of EOT for secure calling, secure messaging and secure browsing (First batch shipped) November 2017 – BitVault® Global App Store launches for developers to develop their own applications (Achived) November 2017 – Website EOT Payment Gateway for WordPress and WooCommerce (ACHIVED) December 2017 – Cryptodoc stores all your documents securely and encrypted on your PC December 2017 – Password Wallet stores all your passwords for applications and websites encrypted on your PC January 2018 – Smart Router for secure, encrypted internet which is direct, safe and easy January 2018 – EOT Camera, an Encryption of Things connected camera February 2018 – EOT Development Kit for hardware devices EOT payment gateway live on swissbankinyourpocket.com, Now you can buy SBIYP and BitVault using EOT coins More on the BitVault here:- https://swissbankinyourpocket.com/bitvault/]https://swissbankinyourpocket.com/bitvault/https://swissbankinyourpocket.com/bitvault-apps/]https://swissbankinyourpocket.com/bitvault-apps/https://bitcointalk.org/index.php?topic=2152534.0]https://bitcointalk.org/index.php?topic=2152534.0 JOIN US ON REDDIT : http://www.reddit.com/EncryptionOfThings]www.reddit.com/EncryptionOfThings JOIN US ON SLACK : [url=https://join.slack.com/t/eot-coin/shared_invite/enQtMjc3NzkxNzY5NzQ0LTFjMWI5NTJjOGEzYjU5ZDk0ZjRjZWE3MzBkNmI0MmQ2NTUzMTBkOGQ1YmEyNTllMmNiYzA3MGZjOGVmY2IyZGU The EOT Token is trading on the Waves Platform, TOKENS are 1:1 image of EOT coins, EOT coins can be converted to tokens and vice versa using gateway service in SBIYP hardware wallet. if you do not have that hardware wallet, you can contact members on slack who have purchased SBIYP to do that swap for you. TOKEN DETAILS Name : EOT Token (Verified) Identifier : GdnNbe6E3txF63gv3rxhpfxytTJtG7ZYyHAvWWrrEbK5 Total supply : 100,000,000 EOT token (EOT) markets added on the Tidex Exchange https://tidex.com/exchange/eot/btchttps://tidex.com/exchange/eot/waves EOT Coin details (currently minable) https://github.com/EmbeddedDownloads/EOTCoin windows wallet[/b] https://github.com/EmbeddedDownloads/EOTCoin/releases/download/v22.214.171.124/EOTCoin-win.exe windows Desktop wallet[/b] https://github.com/EmbeddedDownloads/EOT-Coin-Windows-Desktop-Wallet/releases/download/1.0/EOTCoinDesktopWallet1-0.zip MAC Wallet [/b] https://github.com/EmbeddedDownloads/EOTCoin/releases/download/v126.96.36.199/EOTCOIN-Qt-OSX-v1001.dmg WEB wallet [/b] http://eot.digital (Closing, please withdraw your coins) ANDROID wallet [/b] https://github.com/EmbeddedDownloads/EOTAndroidWallet/releases Block Explorer [/b] http://www.eot.digital:3622/ Block Explorer 2 [/b] http://www.eotcoin.info (created by [b]@Luanptit[/b]) [Block reward [/b] 100 Coins, [b] ALGORITHM [/b] SCRYPT, [b] BLOCK TIME [/b] 90 seconds MINING POOLS Official mining pool [/b] http://www.eot.digital:3001/ Getting Started [/b] minerd -a scrypt -o stratum+tcp://www.eot.digital:3256 -u WalletAddressWhereYouWantYourMiningCoins -p 1 unofficial Mining pools http://www.altminer.net http://antminepool.com http://coinminers.net/ http://www.vivocryptopool.com [red]Currently EOT is traded on WAVES DEX, Crypto-Bridge DEX and TIDEX. Big exchanges will be available soon, exchanges are in comkmunication. Opportunities are available with EOT - from Development, Mining, Trading as well as other business opportunities built around the EOT currency and the "Encryption of Things" [size=34px]Bitvault on Yahoo Finance https://finance.yahoo.com/news/bitvault-worlds-first-blockchain-phone-201600279.html [/size] [center][img width=770]https://i.imgur.com/UMIlRoC.png[/img][/center] [center][size=30px]Press release 4th October 2017 [/size] [size=30px]yahoo Finance https://finance.yahoo.com/news/bitvault-announces-london-launch-161000826.html?soc_src=community&soc_trk=tw [img]https://i.imgur.com/mBDZnN7.png[/img] Some Helpful Information [quote author=Story777 link=topic=2091616.msg21890405#msg21890405 date=1505551168] You have been keeping a great secret. I've been doing a bit of research with the technology behind this coin. It looks like ALOT of research has gone into this tech, since about 2004 and shortly after a patent for this P2P system was quickly issued. Bitvault (https://swissbankinyourpocket.com/product/bitvault/) who are using the worlds first blockchain phone as a secure communication device and ultimately taking [font=Verdana][b]encryption[/b][/font] to the Internet Of Things (IoT) keeping our personal and business data secure. All this is done using [b]EOT coin [/b](Encryption of Things). In todays world insecure devices are rampant. Here are a couple of links about the CIA being able to use insecure devices to 'cause accidents' http://www.sandiegouniontribune.com/news/cyber-life/sd-me-wikileaks-cia-20170307-story.html and https://www.washingtonpost.com/news/innovations/wp/2017/03/08/what-we-know-about-car-hacking-the-cia-and-those-wikileaks-claims/ It's scary to think a legal entity could posses such power over life. Just the mere fact alone the governing authority can request phone records (e.g. txt msgs, voice msgs or eavesdropping) proves most if not all telecommunication companies do not encrypt, otherwise whats the point on requesting the information!? (legal or not). Commercially sensitive information needs to be protected and most importantly in my opinion our [font=Verdana][b]rights[/b][/font] and the privacy of all citizens of the human race need to be protected. From my understanding BitVault is a platform for reference data. This would be data that is stored for compliance reasons such as e-mails, invoicing systems and check imaging (e.g. high quality imaging for x-rays, MRI scans etc) and a prototype was developed in 2004. This would means massive amount of data storage is required with fail-safe systems so a authorised user could access this information very very quickly. Three goals were needed to be achieved: Low cost, high reliability/availability and simplicity. This is the birth of Bitvault via EOT. Bitvault ultimately stores immutable objects with each new version being updated and identified with a 160-bit key. System stability is very important and must be immune to failure sequences. Parallel repair via indexing is one of the many strengths Bitvault has been able to demonstrate. BitVault is a back-end system that uses [u][b]Applications[/b][/u] to catalog object ID's. Using a catalog utility and indexing within an application prevented scalability bottlenecking under heavy loads. Fast forward 3 years to 2007 a very important decision was to [u][b]decentralise[/b][/u] BitVaults system. This in my opinion is one of the fundamental principles of cryptocurrency - [u][b]No one entity or person has any control of the data stored and only the authorised user can access this info[/b][/u]. Ultimate Security and thus personal safety (see above articles CIA hacks). BitVault using applications have been able to use provable communication and data storage with ease of retrieval with vital security measures. BitVault is not alone in researching solutions for security for the IoT, such as Venti and the like are making progress, however, BitVault is 'head and shoulders' above the few competitors and are already offering practical working solutions on the market with huge scalability that is cost effective. Well Done BitVault, well done EOT your secret is out and let the world embrace. author=Story777 link=topic=2091616.msg21462424#msg21462424 date=1504428317] I have had a response in Slack and it has satisfied my questions. Thank-you. For everyone information here it is: The currency was created with 200 Million EOT total supply on 7 July 2017 [ we showed it to the community a London Fintech week with the demonstration of the BitVault - fintechweek.com ] 100 Million was pre-mined and another 100 Million are currently being mined, 1 block every 90 seconds @ 100 coins per block. So the pre-mined coins were listed on waves as a token so that it can create a market for the coins while we are working to get listed on other exchanges. The 100 Million coins listed were distributed in several ways. Firstly, this was not an ICO because our business is already funded via private capital. We wanted to get the currency distributed a widely as possible. So most of the initial coins were given away to a number of interested parties. We distributed this to our whole development team, business partners, employees as well as to the waves and other communities. So we did not sell all these coins for the current price, most of it was given away for free to people that have an interest in our products and business. The price now is formed by whoever owns these coins. The tokens on the exchange is really a representation of the currency and as such has value because it can be interchanged, just like Bitcoin and Ethereum are on the waves exchange. This whole process is explained on page 4 of the waves whitepaper, I think they call it an asset-to-asset exchange which makes it possible to list any asset that exist on waves. Unfortunately waves only has gateways currently for Bitcoin, Ethereum, Waves, Euro and USD, so we have to develop our own gateway, which will be available on Nov 1. So to clarify 100,000,000 tokens costing $190M were not sold. It is a combination of airdrops, private sales and sales on the exchange. Some EOT coins are needed because: "A lot of EOT will be distributed through our devices. For example our encrypted routers are pre-loaded with EOT, so we need that stock and it will be distributed that way". And with the response to tokens on the Waves Exchange "This is how Bitcoin works on waves: - They created 21 Million BTC Tokens.. When you deposit Bitcoin into waves account, you receive an equal amount of tokens which you can either trade or even sent via the waves blockchain to another user.. Once you withdraw your tokens are exchanged for BTC and you receive it back into your BTC wallet.. Exactly the same for USD or EUR - You don't send Euro's to another client on waves if you transfer - you send a token that represents EUR -- This works exactly the w0083". These are the answers I was looking for and make a lot of sense now. This is indeed an exciting project. :) It's time to trade.... Now I have one question left.... Is there anyone using NiceHash to mine this coin?? I keep being disconnected because of the difficulty being too low. Can any one help? [quote author=Shews link=topic=2091616.msg22876983#msg22876983 date=1507755312] EOT (coin) is now tradable on the CryptoBridge Decentralised Exchange, you can sign up below. Please note this is for the EOT COIN ONLY, do not send tokens to this dex. This is a secure means to trade with the backend being on a blockchain. It is still in beta stage but has been working flawlessly so far. If you'd like more info I will post their website link is below. https://wallet.crypto-bridge.org/?r=388691 You can sign up with a local wallet mode, meaning you are the only one with access to your keys, this is most secure. There is also the option to sign up with and account if you require access to you funds on the go. More info: https://crypto-bridge.org/
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