DADI UPDATE
A cloud platform, with the goal of building a fairer internet, has made its mainnet live — allowing its growing suite of network-ready applications to offer faster and more secure hosting services for websites, APIs, apps and e-commerce stores.
https://cointelegraph.com/news/decentralized-cloud-platform-launches-mainnet-in-challenge-to-big-four-market-leaders
A cloud platform, with the goal of building a fairer internet, has made its mainnet live — allowing its growing suite of network-ready applications to offer faster and more secure hosting services for websites, APIs, apps and e-commerce stores.
https://cointelegraph.com/news/decentralized-cloud-platform-launches-mainnet-in-challenge-to-big-four-market-leaders
Cointelegraph
Decentralized Cloud Platform Launches Mainnet in Challenge to ‘Big Four’ Market Leaders
A decentralized cloud platform’s mainnet has gone live, with the organization vowing to shift the balance of computational power away from large corporations.
Forwarded from Bear Smells
"Crypto gains are better, I don't trade boomer stuff"
INVESTING IS ABOUT EVERYTHING. If you have a favorite, you are doing this ALL WRONG. Your favorite method of trading and investing is not up to you, it is WHATEVER IS THE BEST AT THE CURRENT MOMENT.
There are ways to make money everywhere, at any time. FOMO is an illusion. There are always more opportunities, so open your eyes, expand your mind, wipe that chip off of your shoulder and start studying global economics so you GATHER INFORMATION to CONVERT INTO KNOWLEDGE so you can then invest in new markets to GAIN EXPERIENCE in order to make mistakes and LEARN FROM THEM so you can BUILD WISDOM.
Take a moment, and count up the hours you spend researching and trading crypto. Now multiply that amount of hours by 1 week, 1 month, 1 year, and than multiply that number by your current salary. THAT IS HOW MUCH TIME AND MONEY YOU ARE SPENDING. If you are going to dedicate that much time to this, THEN DIVERSIFY YOUR MIND and study up on HOW THE WORLD WORKS.
Study global politics, ETFs, index funds, hedge funds, venture capital firms, historical days in the markets, options trading, futures, real estate, life insurance, child's education funds, building credit, leveraging debt but also minimizing it depending on the situation, forex, commodities, YOU GET THE POINT.
If you want to sit there and say "Cryptocurrency is going to replace everything and banks will be destroyed and decentralization will take over blah blah blah" then you are LIVING IN A FAIRY TALE. The world is still trying to figure out how to even define these new technological terms and they're having an even harder time regulating it.
This is still very early, so are you gonna sit there and waste time reading ICOs and scanning charts only to find out that over 20% of everything you look at is a scam, have a jolly ol' good time.
Say cryptocurrency EXPLODES right now and we all get tons of money.
Then what? What is your next plan after that? How much % are you hedging with? What % are you taking out? What % is now going into new investments, and which ones? How will rising global conflicts affect crypto? How could a potential economic crisis affect crypto if literally everything crashes? What happens if you get rich and your exchange gets hacked, but you went all in and now have 0 savings to pay for your car that just broke down?
Kooz can keep going, but bear is going to spend his time absorbing information, converting it into knowledge, trying new investments for experience, and using that experience to build wisdom.
What are you gonna do?
INVESTING IS ABOUT EVERYTHING. If you have a favorite, you are doing this ALL WRONG. Your favorite method of trading and investing is not up to you, it is WHATEVER IS THE BEST AT THE CURRENT MOMENT.
There are ways to make money everywhere, at any time. FOMO is an illusion. There are always more opportunities, so open your eyes, expand your mind, wipe that chip off of your shoulder and start studying global economics so you GATHER INFORMATION to CONVERT INTO KNOWLEDGE so you can then invest in new markets to GAIN EXPERIENCE in order to make mistakes and LEARN FROM THEM so you can BUILD WISDOM.
Take a moment, and count up the hours you spend researching and trading crypto. Now multiply that amount of hours by 1 week, 1 month, 1 year, and than multiply that number by your current salary. THAT IS HOW MUCH TIME AND MONEY YOU ARE SPENDING. If you are going to dedicate that much time to this, THEN DIVERSIFY YOUR MIND and study up on HOW THE WORLD WORKS.
Study global politics, ETFs, index funds, hedge funds, venture capital firms, historical days in the markets, options trading, futures, real estate, life insurance, child's education funds, building credit, leveraging debt but also minimizing it depending on the situation, forex, commodities, YOU GET THE POINT.
If you want to sit there and say "Cryptocurrency is going to replace everything and banks will be destroyed and decentralization will take over blah blah blah" then you are LIVING IN A FAIRY TALE. The world is still trying to figure out how to even define these new technological terms and they're having an even harder time regulating it.
This is still very early, so are you gonna sit there and waste time reading ICOs and scanning charts only to find out that over 20% of everything you look at is a scam, have a jolly ol' good time.
Say cryptocurrency EXPLODES right now and we all get tons of money.
Then what? What is your next plan after that? How much % are you hedging with? What % are you taking out? What % is now going into new investments, and which ones? How will rising global conflicts affect crypto? How could a potential economic crisis affect crypto if literally everything crashes? What happens if you get rich and your exchange gets hacked, but you went all in and now have 0 savings to pay for your car that just broke down?
Kooz can keep going, but bear is going to spend his time absorbing information, converting it into knowledge, trying new investments for experience, and using that experience to build wisdom.
What are you gonna do?
Understanding blockchain series: Delegated Proof of Stake (DPoS)
https://medium.com/loom-network/understanding-blockchain-fundamentals-part-3-delegated-proof-of-stake-b385a6b92ef
https://medium.com/loom-network/understanding-blockchain-fundamentals-part-3-delegated-proof-of-stake-b385a6b92ef
Medium
Understanding Blockchain Fundamentals, Part 3: Delegated Proof of Stake
Articles in this Understanding Blockchain Fundamentals series:
China and Blockchain Technology: An Introduction
China has developed an international reputation for being opposed to blockchain technology and crypto-assets in government, enterprises, startups, and investment.
Articles conflate cryptocurrencies with blockchain, and do not understand that actions against cryptocurrency do not mean actions against blockchain technology.
Understanding that China’s restrictions on certain aspects of blockchain technology are not unique to the country, how do we explain the prevalent international prejudice of China as a country not friendly towards blockchain development?
https://media.consensys.net/china-and-blockchain-technology-an-introduction-9e12adf9fd52
China has developed an international reputation for being opposed to blockchain technology and crypto-assets in government, enterprises, startups, and investment.
Articles conflate cryptocurrencies with blockchain, and do not understand that actions against cryptocurrency do not mean actions against blockchain technology.
Understanding that China’s restrictions on certain aspects of blockchain technology are not unique to the country, how do we explain the prevalent international prejudice of China as a country not friendly towards blockchain development?
https://media.consensys.net/china-and-blockchain-technology-an-introduction-9e12adf9fd52
Medium
China and Blockchain Technology: An Introduction
This is the first post in a short series where we explore the past, present, and future of China’s implementation of and approach to…
Essentia Presale ETH Peg Update:
Due to the confusion generated in these hours, we are here to kindly inform you that the presale allocation has been distributed correctly accordingly by the SAFT that every single contributor signed.
Within that SAFT agreement that every presale contributors signed there is a clause stating specifically that “ If the difference of the ETHUSD rate for any of the participant will be higher than 5% from the day of the contribution to the day before the public sale, all the prices for all the partecipants will be pegged at the average of ETHUSD of the day before the ICO starts.” This was done to protect contributors from volatility. In the case your private sale would’ve been pegged at 400$ per ETH, and then the contributors on the public sale would be pegged at 800$ due to ETH price increase, the bonus for private sale would’ve been essentially gone and diluted if this rule wasn’t in place in the agreement.
Unfortunately not many people paid attention to it, due to the strong FOMO and willingness to get in, resulting in a great deal of confusion when the tokens distributed.
Essentia aim was never the one to create confusion in its people and in its community. Essentia never could imagine so much confusion over something agreed between both parties: them and the contributor(s).
We feel to all this misunderstanding, and a very bad reaction from the community that we never wish to see again, Essentia decided to offer presale contributors only TOTAL EXCLUSIVITY with free Super nodes, with daily token mining and incentives, in the system of Supernodes/Block Producers over the Essentia Galaxy, in implementation and launching soon in testnet (A galaxy of different nodes with different functions for all the Essentia network).
Only private contributors will get these nodes for free, EXCLUSIVELY, acting similarly as block producer on EOS as to make an example.
Source: Essentia telegram
Due to the confusion generated in these hours, we are here to kindly inform you that the presale allocation has been distributed correctly accordingly by the SAFT that every single contributor signed.
Within that SAFT agreement that every presale contributors signed there is a clause stating specifically that “ If the difference of the ETHUSD rate for any of the participant will be higher than 5% from the day of the contribution to the day before the public sale, all the prices for all the partecipants will be pegged at the average of ETHUSD of the day before the ICO starts.” This was done to protect contributors from volatility. In the case your private sale would’ve been pegged at 400$ per ETH, and then the contributors on the public sale would be pegged at 800$ due to ETH price increase, the bonus for private sale would’ve been essentially gone and diluted if this rule wasn’t in place in the agreement.
Unfortunately not many people paid attention to it, due to the strong FOMO and willingness to get in, resulting in a great deal of confusion when the tokens distributed.
Essentia aim was never the one to create confusion in its people and in its community. Essentia never could imagine so much confusion over something agreed between both parties: them and the contributor(s).
We feel to all this misunderstanding, and a very bad reaction from the community that we never wish to see again, Essentia decided to offer presale contributors only TOTAL EXCLUSIVITY with free Super nodes, with daily token mining and incentives, in the system of Supernodes/Block Producers over the Essentia Galaxy, in implementation and launching soon in testnet (A galaxy of different nodes with different functions for all the Essentia network).
Only private contributors will get these nodes for free, EXCLUSIVELY, acting similarly as block producer on EOS as to make an example.
Source: Essentia telegram
Huobi US strategic partner HBUS (www.hbus.com) launched today
A regulated, compliant, and trustworthy marketplace to trade virtual currency.
Only US users with valid US address are accepted.
A regulated, compliant, and trustworthy marketplace to trade virtual currency.
Only US users with valid US address are accepted.
Crypto exchange and U.S. strategic partner of Huobi, HBUS, has announced today it will begin new user registrations of U.S. citizens.
The marketplace will go live on July 10 and they have a promotional offer for users who sign up before July 9. The launch was originally planned for June 15, but was delayed due to high demand. HBUS has emphasized that all employees have been trained and examined on Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) standards.
San Francisco-based HBUS will begin new user registrations of U.S. citizens with deposits open from July 6. Users will be able to deposit nine cryptocurrencies including BTC, BCH, ETH, and ranked #128 by market cap, Civic (CVC). They will support two stablecoins: Tether (USDT) and True USD (TUSD).
https://www.newsbtc.com/2018/07/06/huobi-partnered-exchange-hbus-opens-to-us-citizens/
The marketplace will go live on July 10 and they have a promotional offer for users who sign up before July 9. The launch was originally planned for June 15, but was delayed due to high demand. HBUS has emphasized that all employees have been trained and examined on Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) standards.
San Francisco-based HBUS will begin new user registrations of U.S. citizens with deposits open from July 6. Users will be able to deposit nine cryptocurrencies including BTC, BCH, ETH, and ranked #128 by market cap, Civic (CVC). They will support two stablecoins: Tether (USDT) and True USD (TUSD).
https://www.newsbtc.com/2018/07/06/huobi-partnered-exchange-hbus-opens-to-us-citizens/
NewsBTC
Huobi-Partnered Exchange HBUS Opens to US Citizens | NewsBTC
Crypto exchange and U.S. strategic partner of Huobi, HBUS, has announced today it will begin new user registrations of U.S. citizens. Following a recent Crypto exchange and US partner of Huobi, HBUS, said it will begin new user registrations of US citizens.…
Vitalik Buterin's presentation:
Transaction fee economics
Or, why is the fee/gasprice/rent so darn high?
https://vitalik.ca/files/Transaction%20fee%20economics.pdf
Transaction fee economics
Or, why is the fee/gasprice/rent so darn high?
https://vitalik.ca/files/Transaction%20fee%20economics.pdf
Known Physical Bitcoin Attacks
"Gang of 10 robbed two brothers of AED 7m ($1.9m) in cash who were looking to buy Bitcoin"
"Crypto investor has face mutilated, robbed of $1M in BTC"
https://github.com/jlopp/physical-bitcoin-attacks/blob/master/README.md
"Gang of 10 robbed two brothers of AED 7m ($1.9m) in cash who were looking to buy Bitcoin"
"Crypto investor has face mutilated, robbed of $1M in BTC"
https://github.com/jlopp/physical-bitcoin-attacks/blob/master/README.md
GitHub
physical-bitcoin-attacks/README.md at master · jlopp/physical-bitcoin-attacks
A list of known attacks against Bitcoin / crypto asset owning entities that occurred in meatspace. - jlopp/physical-bitcoin-attacks
“What’s up with the Tangle?”
Response by Lewis Freiberg - Head of Ecosystem at IOTA
https://medium.com/@lewisfreiberg/whats-up-with-the-tangle-d825c692e7a8
Response by Lewis Freiberg - Head of Ecosystem at IOTA
https://medium.com/@lewisfreiberg/whats-up-with-the-tangle-d825c692e7a8
Medium
“What’s up with the Tangle?”
This is a common question on our Discord and here on Reddit. Questions about the state of the Tangle usually stem from the way it is…
VECHAIN launches wallet
The VeChainThor Mobile Wallet is now available for download in the Apple App Store and Android marketplace.To understand fully our mainnet launch, token swap details, and mobile wallet functionality, please view this video.
https://www.youtube.com/watch?v=r-VgKid3Azc&feature=youtu.be
The VeChainThor Mobile Wallet is now available for download in the Apple App Store and Android marketplace.To understand fully our mainnet launch, token swap details, and mobile wallet functionality, please view this video.
https://www.youtube.com/watch?v=r-VgKid3Azc&feature=youtu.be
YouTube
VeChainThor Wallet User Manual & X Node Binding & Token Swap Guide
The VeChainThor Mobile Wallet is now available for download in the Apple App Store and Android marketplace.To understand fully our mainnet launch, token swap details, and mobile wallet functionality, please view this video.
With the release of the VeChainThor Mobile Wallet, the X Node Binding process has begun!
X Node holders wishing to use Ledger need to wait for support from Ledger in August and pay careful attention to the instructions to bind properly.
https://twitter.com/vechainofficial/status/1015994965791526914
X Node holders wishing to use Ledger need to wait for support from Ledger in August and pay careful attention to the instructions to bind properly.
https://twitter.com/vechainofficial/status/1015994965791526914
Twitter
VeChain Foundation
With the release of the VeChainThor Mobile Wallet, the X Node Binding process has begun! X Node holders wishing to use Ledger need to wait for support from Ledger in August and pay careful attention to the instructions to bind properly.
A brief history of Stablecoins
Abstract: In this piece we look over the history of distributed stablecoins, focusing on two case studies, BitShares (BitUSD) and MakerDAO (Dai). We examine the efficacy of various design choices, such as the inclusion of price oracles and pooled collateral. We conclude that while a successful stablecoin is likely to represent the holy grail of financial technology, none of the systems we have examined so far appear robust enough to scale in a meaningful way. The coins we have looked at seem to rely on “why would it trade at any other price?” type logic, to enforce price stability to some extent, although dependence on this reasoning is decreasing as technology improves.
https://blog.bitmex.com/a-brief-history-of-stablecoins-part-1/
Abstract: In this piece we look over the history of distributed stablecoins, focusing on two case studies, BitShares (BitUSD) and MakerDAO (Dai). We examine the efficacy of various design choices, such as the inclusion of price oracles and pooled collateral. We conclude that while a successful stablecoin is likely to represent the holy grail of financial technology, none of the systems we have examined so far appear robust enough to scale in a meaningful way. The coins we have looked at seem to rely on “why would it trade at any other price?” type logic, to enforce price stability to some extent, although dependence on this reasoning is decreasing as technology improves.
https://blog.bitmex.com/a-brief-history-of-stablecoins-part-1/