Discord Crypto Servers /Best Crypto Signals List for Trading

CryptoBridge - In the Hands of BridgeCoin Holders

CryptoBridge: Premier gateway to the BitShares decentralized trading platform.
[link]

Algorithmic Trading

A place for redditors to discuss quantitative trading, statistical methods, econometrics, programming, implementation, automated strategies, and bounce ideas off each other for constructive criticism. Feel free to submit papers/links of things you find interesting.
[link]

Decentralized AI trading system

Autonio AI Trading Assistant is now downloadable for Linux/Mac/Windows. ------------------------------------------------------ Unleash your true potential in trading ------------------------------------------------------ Autonio is a decentralized artificially intelligent trading system that turns crypto-trading into a more rewarding and convenient practice.
[link]

I just made a NEW Augur Discord channel, for more casual, open discussions about Crypto Trading!

A new place for discussion about Crypto prediction trading!
Here: https://discord.gg/4hC4uVj

Join us! They don't ban people for slightly going outside any rules!
submitted by Poyo-Poyo to Augur [link] [comments]

Looking to start a discord server for traders for futures, crypto, natural gas, and crude oil and many more looking for members and admins for some channels ultimate goal would be consistent trades and sharing ideas and chart analysis

Hey guys looking for a admin and member for my stock trading discord it’s a fresh server and my ultimate goal is to make consistent trades. We have a focus on crude oil, futures, natural gas and crypto. I’m looking to build a group of traders that are willing to learn and share ideas and chart analysis if you want to help build this come join the server. https://discord.gg/8FH9eN7
submitted by jessedalba to stockTrading [link] [comments]

Don't fight whales alone - new strong crypto trading group appears, Telegram and Discord channels inside. (x-post from /r/cryptocurrency)

Don't fight whales alone - new strong crypto trading group appears, Telegram and Discord channels inside. (x-post from /cryptocurrency) submitted by BitcoinAllBot to BitcoinAll [link] [comments]

10-23 23:22 - 'Don't fight whales alone - new strong crypto trading group appears, Telegram and Discord channels inside. (x-post from /r/cryptocurrency)' (bigpump.org) by /u/3aglee removed from /r/Bitcoin within 374-384min

Don't fight whales alone - new strong crypto trading group appears, Telegram and Discord channels inside. (x-post from /cryptocurrency)
Go1dfish undelete link
unreddit undelete link
Author: 3aglee
submitted by removalbot to removalbot [link] [comments]

Stock investing using fundamentals

I am not from a finance background ( I am in IT) but in past I have tried my luck in stock and crypto trading. Much of it was based on FOMO I would say .
I also did read a book on Day trading by Andrew Aziz which covered candlesticks, abcd pattern etc. I feel like day trading is not my cup of tea and I want something by fundamentals. I was told that The intelligent investor book is one of the best out there but considering its soo old I am not sure if this is the right book now.
I know what is a margin account, how to buy sell with limits, options trading, StockTwits, finviz, Norbert gambit. Pretty much very basic but I trying to say I understand this.
Had joined some discord channels where I used to see day traders making big money but never had the courage to practically do that kind of stuff.
I am a tech person, can anyone recommend books based on fundamentals and share stories of success if you have been through all this. Also if someone would like to share invite link to other discord channels that would be really helpful.
submitted by anjan42 to investing [link] [comments]

free Dividend Discord chat server.. ~4000 dividend investors on it!

Hi all,
I created a free Dividend Discord chat server (https://discord.gg/kkSr5FY) focused on dividend investing as a place where you can type (and/or talk) real-time with other investors (as well as people interested in becoming investors). This is the largest dividend focused Discord chat server in the world, and unlike others created by big YouTube financial channels, is free to access along with has way more investors.
Our 3994th dividend investor just joined a few moments ago.
We have folks in there with decades of experience that became millionaires through investing and people who have never invested and are just interested to learn, and everything in between... From teenagers to people in their 70s from all around the world including Africa, Australia, Austria,Argentina, Bahrain, Belgium, Bulgaria, Canada, Caymen Islands, China, Columbia, Croatia, Cyprus, Czech Republic, Denmark, Ecuadfor, England, Finland, France, Germany, Greece. Ireland, Israel, Italy, Japan, Kuwait, Netherlands, Norway, Poland, Portugal, Puerto Rico, Romania, Saudi Arabia, Singapore, Slovakia, South Africa, Spain, Sweden, Switzerland, Trinidad & Tobago, Ukraine, and Uruguay (from the members who have told me).
We have a general chat channel that is basically for normal bs’ing, and then we have a specific channel for dividend stocks, a channel for non-dividend stocks, and we have investing channels for ETFs & Mutual funds, Crypto, Commodities, and Real Estate. We also have a channel for talking about your portfolio & watchlist, a channel to talk about pros and cons of various brokerages around the world, as well as a channel for posting your dynamic sells/buys during the trading day. We also have an options channel with some very well-versed options traders, who are happy to share their knowledge with you. So, if you are looking into growing your dividend income with various options strategies, this is the place. We also have a spreadsheet channel for folks to share their tips and answer questions about how to customize your own portfolio tracking spreadsheet.
I've also created a channel for dividend alerts which automatically posts dividend cuts or increases which attempts to keep people informed as soon as the information is out there, as well as an automated investing news channel which posts investing articles as they come out, and an automated channel for breaking world news as it comes out.
There are also channels for movies & tv & books, politics, video games, general news, sports, health & fitness, and a Polls channel (to optionally query people's thoughts on a variety of topics). This way we keep investing separate from others topics. I moderate it to keep topics aligned to channels, to minimize self promotion, to manage toxic individuals, to create new polls as people request them, etc. I authorize all accounts within minutes/hours (which also keeps out bots -- knock on wood).
I recently created an Entrepreneurs channel and have had multiple people list businesses they run and started from scratch -- one of the more interesting examples is a 14 year old who created a popular game on Roblox and has made over $60,000 since 2018. Another is of someone who started a car detailing business in LA.
There are also a couple of channels where you can dynamically stream music, as well as a gambling bot for fun.
I created an extensive FAQ document (in the #FAQ channel) which shares a ton of information about the server well as things like formulas you can use to create your own dynamically updating portfolio spreadsheet in Google.
Feel free to check it out and chat with others, or come and just lurk :)
https://discord.gg/kkSr5FY
For those that are unfamiliar, Discord is just a free chat service that people use for text (and voice) persistent group communication. You can access it via your browser using the link above, or you can download a smartphone app and type in kkSr5FY in the invite field.
Of course, none of the information should be taken as financial advice that you act on without doing your own research.
submitted by GenXDividendInvestor to dividends [link] [comments]

DEXT - Undervalued GEM

DEXT - A Trader tool built by Traders for Traders !!!
$$$$DEXT gives SUPER POWERS to Traders$$$
One month from start and Project to hit profits from September.
** Monthly Burns from fees to start soon.
** 20% of token supply to be burned in few months.
** Team Tokens locked till Jan 2021!!!
$$$ DEXT Bot Coming soon!!!!
Welcome to DEXTOOLS, our app provides real time info about IDEX and UNISWAP exchanges at one click: Make your own strategies, anticipate the market dumps, search for big spreads, follow and copy the biggest gainer wallets and much more...
Website: https://www.dextools.io/
Discord Channel:https://discord.gg/gfqj5vM Telegram link: https://t.me/DEXToolsCommunity
General info: https://www.coingecko.com/es/monedas/dextools https://coinmarketcap.com/currencies/dextools/
TOKENOMICS, BURN AND TEAM TOKENS: https://medium.com/@DEXTools/dextools-new-tokenomics-update-5ed7e78c93f4 https://medium.com/@DEXTools/token-distribution-update-team-release-schedule-f20dd7d628a5
Trade DEXT at Uniswap: https://app.uniswap.org/#/swap?outputCurrency=0x26ce25148832c04f3d7f26f32478a9fe55197166
https://uniswap.info/pai0x37a0464f8f4c207b54821f3c799afd3d262aa944
More info : Great project review https://cryptoguerrillas.com/dextools-crypto-traders-crystal-ball/ Latest AMA: https://cryptoguerrillas.com/dextools-ama-recap/
submitted by kpprabhu to CryptoMoonShots [link] [comments]

🚀Launching Hummingbot connector governance: the candidates and how to vote

As described in our post last week on connector governance, we are allowing the community to vote for the next exchange connector that we merge into the Hummingbot codebase. This is the first step in our path to turn Hummingbot into a community-owned and operated open source project.

The voting process

The first votes will take place on the Hummingbot Discord server, under the read-only #governance channel. You can discuss and debate the candidates on the #governance-chat channel.
In the #governance channel, you will see a poll called Hummingbot governance proposal #1. You can participate by selecting the emoji that corresponds to each candidate connector. You can vote for as many candidates as you like.
The voting period lasts from today (August 24) until Sept 8 12am UTC time, when we plan to release the next version of Hummingbot. For the exchange connector with the most votes, we will work with the developer to review and support it in the subsequent Hummingbot release.

The candidates

Below are the three exchange connectors that you can vote for:

Beaxy (https://beaxy.com)

About
According to Beaxy, they are a leading cryptocurrency exchange that emphasizes compliance (FDIC insured USD accounts up to $250,000, FinCEN registered Money Services business), security, and support for advanced traders (API that supports FIX, websocket and REST, along with prebuilt TA).
In particular, Beaxy is one of three cryptocurrency exchanges that offers 6 major global fiat currencies as a crypto-fiat trade pair, offering support for AUD, CAD, GBP, EUR, JPY, and USD fiat currencies. This allows traders to arbitrage between the various BTC-fiat currency pairs on the same exchange.
Current Status
https://github.com/Beaxy/hummingbot/releases/tag/v0.29.0
The Beaxy connector is being used in production right now, and behaves as expected in live trading. Users have reported success with pure market making strategies, while others test cross-exchange arbitrage.
Ongoing Support
Beaxy’s engineering team plans to keep the connector up to date. Their engineering and customer support teams can support users with any technical enquiries. They also provide a dedicated channel in their Discord channel specifically for bot support, and they also offer 1-to-1 video support sessions for users as well.

Loopring (https://loopring.org)

About
Loopring is a Ethereum-based decentralized exchange protocol that differentiates from other DEXs. In February, they launched Loopring.io, the first DEX to use zkRollups Layer 2 tech to improve transaction throughout.
In order to bootstrap liquidity for their new DEX, Loopring launched their own version of liquidity mining, which provides token rewards to users for running market making bots on the exchange.
Current Status
https://github.com/Loopring/hummingbot
The Loopring connector, built by one of Loopring’s partners, is currently being used in production.
Ongoing Support
Loopring and their partners are already supporting users of this connector and plan to continue doing so.

OKEx (https://www.okex.com/)

About
OKEx is one of the largest cryptocurrency exchanges in the world, and often ranks in the top 3 by daily volume (source: FTX volume monitor). OKEx provides both spot and futures markets and serves millions of users in over 100 countries.
Current Status
https://github.com/celo-org/hummingbot/pull/1
The OKEx connector, which should also be compatible with OKCoin, is being built by a developer at our partners at Celo. This allows Hummingbot users to make more effective use out of the `celo-arb’ strategy, as OKEx lists CELO and OKCoin was the first exchange to list cUSD stablecoin.
The primary bulk of the work is completed, but the connector has not yet been extensively tested nor used in production.
Ongoing Support
Since this connector is not built by the exchange, the Hummingbot plan to provide ongoing support for this connector, regardless of the vote outcome. If OKEx wins the vote, we will fast-track the process of supporting this connector and expect it to be merged into the v0.32.0 release. Otherwise, it will be in a future release.
submitted by fengtality to Hummingbot [link] [comments]

Oracle Info!

BitSeven SIGN UP FREE https://tinyurl.com/yxwsucpz The fastest VPN TORGUARD 50% OFF FOR LIFE ENTER PROMO CODE- “ORACLE” at checkout WITH THIS LINK https://torguard.net/aff.php?aff=4534
DISCORD Yearly MEMBERSHIP: 0.20 BTC email [Teamus_[email protected]](mailto:[email protected]) It includes:
Main chat where everyone can trade with Oracle and help each other
Discord exclusive videos room.
Daily Trade updates room where Oracle updates his positions throughout the day as he trades, as well as the daily market conditions so you will be able to trade accordingly.
EVEN BETTER ORACLE Yearly FULL PACKAGE: 0.35 BTC
Go for the full package get an education so you can master this from ORACLE personally!
ORACLE PERSONAL 100X WAR CONSULTATION SESSION full package 0.35 BTC [Teamus_[email protected]](mailto:[email protected])
100X TRADING DISCORD 100X WAR EDUCATION GROUP MEMBERSHIP, as well as a private session with me. When we are done you will be able to trade exactly like me. It includes: 1year discord membership + consultation.
A live session with ORACLE where he shares his screen and de mystifies trading, anyone can do this regardless of their experience. We have taught people from around the world
Full discord access + private war room where you get free personal ongoing help for life.
Locked help room with over 450 people I've trained to successfully 100x trade. We are all here to help after the consult and make sure you are never alone
Consult only recap videos to recap what you learned in person
With the full package you will never need to spend another penny with me or anyone else ever and you will have a simple money-making skill for life
Full package is 0.35 BTC. email my team to answer any questions you have before you book the consult. Teamus_[email protected]
*DON’T BE SCAMMED BY FAKE Oracle groups! ORACLE is not in any other discord or telegram groups and will never ask you for money
MY TWITTER https://twitter.com/BITMEXFASTMONEY
BYBIT as a back up ,must use a vpn to sign up https://tinyurl.com/y932n77t
The fastest VPN TORGUARD 50% OFF FOR LIFE ENTER PROMO CODE- “ORACLE” at checkout WITH THIS LINK https://torguard.net/aff.php?aff=4534
MY UNCENSORED CHANNELS - COCOSCOPE Oracle Bitcoin and Vag https://tinyurl.com/whel6j9 ( bitcoin giveaways to subs)
COCSCOPE BITMEX FAST MONEY TRADER WAR ON THE 1 MIN CHART https://www.cocoscope.com/channel?i=1...
THE ORACLE NETWORK:
ORACLE YOUTUBE CHANNELS: subscribe and click notifications if you are not getting notifications unsubscribe then subscribe again and hit the notification bell
BITMEX FAST MONEY TRADER https://tinyurl.com/tbezs7j
ORACLE KINGPIN CRYPTO TRADER https://tinyurl.com/y2nbm9sz
OMAX CRYPTO INTELLIGENCE REPORT https://tinyurl.com/y45696yz
ORACLE FAST CRYPTO PASSIVE INCOME https://tinyurl.com/y8jk37eq
VAG HACKER (about how to get laid duh) https://tinyurl.com/y6dno5eg
CRYPTO CONSPIRACY NETWORK https://tinyurl.com/y29vfffq
STOCKS COFFEE AND CRYPTO https://tinyurl.com/y7943x8h
MAGIC AND MYTH https://tinyurl.com/y35v58aj
REALTALK UNBOXING https://tinyurl.com/yy63b5g7
*DON’T BE SCAMMED BY FAKE Oracle groups! ORACLE is not in any other discord or telegram groups and will never ask you for money. There is no promise of performance or that you will have similar results. Your results are your own and based on your own decisions. Everything seen in any of my videos is based on my opinion and commentary only.
- My channels are for entertainment purposes only Iam not a financial adviser nor am I recommending you invest in anything I talk about crypto is risky and has no guaranties. We can win or lose anything we put into crypto and you need to be aware of this. I make an affiliate commission if you do click an of my links and these affiliate commissions are available to anyone who shares a link. I am not a paid promoter and have never accepted payment or any sort of compensation for making my videos.
submitted by cryptopunk98 to BitmexFastMoneyTrader [link] [comments]

Best Potential Moonshot Hands Down; TRUSTSWAP (SWAP) Full DeFi Suite, Simple P2P Trustless Escrow, and Great Tokenomics!

Trustswap https://www.coingecko.com/en/coins/trustswap
Okay guys I've spent the last two days learning about this token and I've come away very impressed. I think this token may be a serious contender for best performer this year. On the TrustSwap social platforms it feels like 2017. Here's some info about the company.
TrustSwap is a DeFi project created by the founder and CEO of Uptrennd Jeff Kirdeikis. Most notably he has the largest cryptocurrency investing group on Facebook, and he is what Tom was to MySpace but for Uptrennd. He host The Bitcoin and Crypto Podcast which is actually very good, and he has a massive following on Twitteother social. Better yet, this guy is a marketing genius like a less annoying Justin Sun. He has a pipeline of good news lined up and knows when and how to release that information on the masses. Everything he does seems meticulously thought through. He continually affirms his commitment to get SWAP listed on high volume exchanges with MXC yesterday, Hotbit today, and Houbi/Bitmax tomorrow he is actually succeeding. He is also very responsive and has team moderators standing by in the social media channels to field questions/vanquish FUD.
Here are the basics:
TrustSwap is building a DeFi ecosystem that will start out as a simple P2P trustless escrow and payment platform and evolve into a fully decentralized exchange (DEX) with leverage and futures options all offered via non-custodial smart contracts. They will also offer multi-chain token wrapping as a service and on-chain governance using the native ERC-20 token SWAP.
Imagine being able to wrap BTC, Monero, Digibyte, or any crypto and then trade it on uniswap, or have it interact with Ethereum compatible wallets, and applications.
Through this, you can move funds cross-chain without ever having to sign up to a Centralized Exchange, allowing you to never have to KYC, staying fully anonymous across exchanges.
Wrapping tokens also offers huge benefits to new blockchain projects that have their own chain, allowing them to save massively on listing fees, as well as instantly be connected to strong wallets and decentralized exchanges.
This puts the ability to trust back in the investor's hands and might spark a new ICO boom as new projects eager to establish credibility rush to use it. So yes beautiful wrapping everything layer 3 solution my brothren. And highly incentivised holding economics, for example rewarding users from fees collected from the DeFi network! And staking;
All fees paid to the platform will get split as follows:
80% goes back to holders as staking rewards
10% are burned forever (adding that value back to token holders)
10% goes to the dev fund which can be used as the community sees fit
This project has massive potential and is already building a strong community foundation with big moves coming soon as more exchanges and markets come on board. The staking and deflationary tokenomics make this a long term HODL for me.
Token Metrics:
Total Supply: 100,000,000 SWAP
Circulating Supply: 62,500,000 SWAP
Market Cap: $3.6 million
60,000,000 SWAP Initial liquidity offering on uniswap about two and half days ago, price dropped at like $0.035. Volume bottomed out and rising again (same with holder count).
20,000,000 Team Supply
20,000,000 Marketing, development, legal, bounties, OTC investors, airdrops.
LINKS:
Website: www.Trustswap.org
Discord: https://discord.gg/GNUrcK
Telegram: t.me/TrustSwap
Token address; https://etherscan.io/token/0xcc4304a31d09258b0029ea7fe63d032f52e44efe
Uniswap; https://app.uniswap.org/#/swap?inputCurrency=0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2&outputCurrency=0xcc4304a31d09258b0029ea7fe63d032f52e44efe
Extra nugget from Jeff on Discord; "@everyone
SwapLogo SWAP is listing on Hotbit this Monday! SwapLogo https://hotbit.zendesk.com/hc/en-us/articles/360051689713
This is the first step into TrustSwap's emergence in the Asian markets. We are going to be kicking off major marketing campaigns with an Asian marketing firm within the coming week to follow up this listing.
We also have a couple more Top-50 listings lined up for this week as well
When we had a vote to see which exchange you wanted to see SWAP listed on, Huobi was the winner by a massive margin, so we will be opening up the conversation with Huobi to get SWAP listed on there also in the near future."
DYOR!! Godspeed! I'll see you guys on the other side!
To address FUD about OTC investors dumping, yes they are dumping, it's my belief most weak hands have exited the market, they got in at $0.005 per SWAP.
submitted by Rational_Optimist to CryptoMoonShots [link] [comments]

Celer Joins Reddit Great Scaling Bakeoff: Exactly Matching Use Cases, in Production with Happy Users

Celer Joins Reddit Great Scaling Bakeoff: Exactly Matching Use Cases, in Production with Happy Users

https://preview.redd.it/t8rorcsoxme51.png?width=1348&format=png&auto=webp&s=4cdf1df66e2017a13b8aa5f209d3b90595c33f54
Celer is a layer-2 scaling platform pioneering the technology of state channel network and hybrid roll-up. Ethereum is our home and we have a proven track record to contribute to its scalability. We propose Celer’s State Channel solution as a great fit for Reddit’s Community Points because:
  • It fits the ask with the right tradeoffs: Apps built using Celer have almost the exact same usage pattern like the Community Point. In addition, we believe for Reddit’s specific use cases, State Channel Network provides the right tradeoffs in a complex layer-2 space.
  • It is built for and battle-tested in the production environment: these apps, such as Arcade Win, Daub Cash, Solitaire Win, Bust-A-Move RMT have close to 1 million users from 85 different countries for close to a year**.**
  • UX is priority #1: newly onboarded users are using Celer layer-2 on Ethereum with the milli-second level UI interaction response and they are happy to rate UX 4.5+ stars in App Store without feeling any “blockchain slowness”.
In the following sections, we talk about how we already have in-production uses cases that are almost identical to Reddit’s requirements, why we believe state channel offers the right tradeoffs for the use cases and how we exceed the performance benchmarks by running at 4000 transactions per second and 9ms per transaction latency with just a single state channel node. Finally, we also discuss the concept of Layer-2 LEGO to have multiple different layer-2 techniques working together to address all current and future use cases in a coherent way.
The code used in the benchmark is here https://github.com/celer-network/goCeler-oss and benchmark video can be accessed here https://www.youtube.com/watch?v=IpFNQ3HpZKg
For questions and discussions, we have set up a dedicated email address to receive questions related to the challenge: [[email protected]](mailto:[email protected])
We also invite the community to ask questions in the following channels to get the fastest technical responses:
You can also read the full post in the blog format. [edited for correct link]

Use Cases Walkthrough

In this section, we walk through four use cases specified in the challenge: mint & distribute Community Points (CP), CP transfer, auto subscription and CP burn. For each, we discuss the user flow of how apps are doing it today and underlying technical solutions when using state channels. For more general explanations of how state channels work, check out generalized state channel walkthrough article, and more technically, the specification, detailed walkthrough and our Devcon V talk .

💰Mint and Distribute Community Points

Celer supports this exact use case in CelerX gaming platform today. CelerX is a moible eSport platform where users can pay ETH or supported ERC-20s to enter skill-based real money game tournaments and win prizes.
The onboarding process and token claim process are recorded in real-time
When a user onboards a game, he will be automatically created an Ethereum wallet. At the same time, 100 Game Token (ERC-20 used for free practice tournaments) will be minted and distributed to this user through Celer’s State Channel Network. When users use up all Game Tokens, new Game Tokens can be redeemed. Different game developers can use CelerX SDK to have different GT in their ecosystems.
How much is it actually used today in production? Our active users perform about 30K Game Token mint&distribute per day and we are comfortably handling 150K such operations in the 5 day period mentioned by Reddit team. However, this is far from the actual limit of the software. Performance benchmarks are in the next section.
It is straightforward to swap the “Game Token” to “Community Point” and different “game developers” to “subreddits” in the above description. It’s frictionless for users and indeed, 90% of our users do not even realize that they are using blockchain and only think we use an interesting way to back up their accounts (use iCloud or write down 12 words somewhere).
Next, we dig deeper into some specific aspects of the solution in an FAQ style.
Isn’t the case that a user has to have on-chain ETH to open a channel for Community Points? Not really. Celer’s state channel network has a built-in functionality called promised channel open. This gives the possibility to have a mutually signed commitment between Off-chain Service Providers and users (Reddit or subreddit owners) to act as a promise to mint and distribute a certain amount of tokens to a user’s channel on layer-1. Therefore, it acts as a token mint in layer-2.
Does this mean that users have to store additional states or may lose their Community Points? Luckily no. Users and service providers (e.g. Reddit or subreddit owners) can store their states in State Guardian Network (SGN) by paying a fee. State Guardian Network is a decentralized watchtower solution that solves many of the state availability issues in traditional simple payment networks such as Lightning and Raiden.
If a user is offline, will his CPs be exposed to attacks? Nope again. This is what SGN is built for so that even when the user is offline, a decentralized SGN looks out for the user’s state. Other layer-2 solutions like Plasma or Rollups also have to have similar “watchtower” to monitor layer-2 state commits and transactions on users’ behalf and the involved cost in the worst-case malicious scenario is very similar.
In the state channel networks, users need to connect to some channel nodes in the network. So who acts as a user’s counterparty node? This will be the subreddit owner or Reddit itself in the beginning. This offers great horizontal scalability: each subreddit can host a cluster of state channel nodes in an independently scalable fashion with strong user proximity and connect to other subreddits in the channel network if common community points can be used cross certain subreddits.

💸Community Points Transfer

Game Token transfer experience
P2P token transfer is really the bread and butter of the state channel network. To show a use case that is in production: when two users in CelerX platform enter a 1v1 match between each other, what happens underlying is that they send a layer-2 boolean conditional payment to each other conditionally depending on the result of the game. This condition will resolve to true or false and the corresponding layer-2 payment will be established or canceled automatically off-chain after the result of the game is determined off-chain. The conditional payment is a particularly powerful construct of generalized state channel network and we will discuss more in the subscription use case. Simple CP transfer completes across the network with 1.5 Round Trip Time (RTT) end-to-end network latency in the order of milliseconds.
Envisioned State Channel Network for Reddit Community Points
Does the recipient need to be online to receive the payment? Not necessary. Celer’s state channel network has the unique capability to set Delegated Recipients to receive payment when a user is offline. The delegated recipients, in this case, can trivially be the subreddit hosts or Reddit itself in the very beginning. It is also important to note that Delegated Recipients can only sign state proof on users’ behalf and cannot actually withdraw the fund from the channel on-chain. In addition, to ensure that there is no possibility to have any state availability attack, the sender’s protocol ensures that the delegate put these mutually signed states to SGN so that when a user comes back online, he can retrieve the most recent state.
How much is it used today in production? We are processing about 80K game payments in Game Token per day. Same as before, this is far from the system limit. Benchmarks will be discussed later.

🔥Community Points Burn

Recording of Loyalty Point burn in CelerX platform
Community Points Burn is also a use case that we already implemented in production. In games built using Celer, there is a concept of Loyalty Point (ERC-20, like Game Token). Users receive Loyalty Points by competing in tournaments. Users can also use loyalty points to redeem items of real value (like Celer T-shirt). This redeeming process is precisely the token burn use case required by Reddit.
This is implemented by simply sending the token back to the layer-2 minter. In our case, it is sent back to the game developers’ Celer nodes and in the case of Reddit, it will be sent back to the subreddit owners’ nodes.
But wait, how is the token burnt if it is sent back to the minter on layer-2? In other words, would it be possible for a minter to just withdraw these tokens on-chain and send it to whoever he likes? Rest Assured. For the case of minted Community Points, the minter can act as counterparty to send out and relay points transfers, however, he is just a delegate recipient (see above discussion) of a token minting pool address. The best he can try on-chain is to withdraw the token back to the pool but cannot actually get a hold of token on-chain.

📅 Subscription Auto Payment

This is not yet live in production, but we actually have a feature coming up that uses the exact same usage pattern. To implement this use case, we use a powerful primitive of generalized state channel called Conditional Payment. To explain what a conditional payment is, let’s look at an example. When Alice sends a conditional payment with X CP to a subreddit CP minter the X CP won’t be immediately burnt but is in a “committed” state with a conditional dependency that will be resolved later. The condition can be literally anything that you can verify and get result on-chain, for example, subscription states of this subreddit and the timestamp. The final amount that Alice burnt can fall in the range between 0 to X and is determined by evaluating the outcome of the conditional dependency using any arbitrary function. In this very concrete use case, Alice can send a relatively large amount of CP as conditional payment and the resolution of the conditional payment will automatically update as the time passes by. Note that this process does not need to have any other layer-1 or layer-2 interaction so that is purely automatic.
Sending a payment that conditionally depends on the outcome of an on-chain verifiable state (off-chain or on-chain) is equivalent to sending funds to a smart contract application in layer-1 and this is one of the key differences between Celer generalized state channel solution and other simple payment channel network solutions.

Why State Channel Network Provides the Right Tradeoffs for Reddit’s Use Cases?

With so many different great layer-2 solutions, identifying a fitting solution is about identifying the right tradeoff for the specific use cases. Celer as a platform contains different techniques like State Channel Network and Hybrid Rollup to cover the entire layer-2 tradeoff space. We previously discussed different solutions’ tradeoffs. After applying these general principles to this specific case, we choose to not go to the Celer rollup solution and believe that Celer’s State Channel offer is the best fit.
Reddit’s use cases primarily concern token movement-related operations with certain flexibility requirements and it seems from the current requirements, things like “Defi + complicated yield mining based on Community Token” are not in the scope yet. Even when more complex use cases do come into the picture, it is still helpful to have a highly performant, low-cost, and flexible enough token operation core.
In this section, we take a first-principle approach to analyze the asymptotic fundamentals instead of fixated on a galaxy of possible system-level optimizations. We believe State Channel Network offers the following fundamental advantages comparing to other layer-2 scaling techniques for Reddit’s specific use cases.

⚡️Web 2.0-like interactiveness via 100X lower latency

Generalized Conditional Payment protocol sequence with 2RTT latency
Real-time and interactive UX is not optional in today’s consumer application world. Today’s Internet applications optimize latency to the level of milliseconds with well-studied results such as every additional 100ms latency on page load can drop Amazon sales by 1%.
When Community Token is widely used, we would imagine it is on a lot of users’ critical interaction paths. However, layer-2 techniques such as Plasma, zk Rollup, and Optimistic Rollup (collectively commit chains), though good for throughput (high TPS), fail when tested against this latency requirement. Let’s have a break down for commit chains’ thick latency profile:
  • Internet latency to send out transactions to gateway/block producer. This is in the milliseconds.
  • The latency for block producer to pack up a block with a batch of transactions. This is often in the seconds if not tens of seconds to control the layer-1 cost. However, for zk-Rollup this seems to be significantly longer due to proof computing.
  • The latency for the layer-1 blockchain to confirm the rollup block. This is in the tens of seconds if not minutes.
  • For non-zk rollups and Plasma, the actual finality latency (one can be sure that a transaction actually happened) is on the scale of hours to days.
Even not accounting for the finality latency, that is if a client is “heavy” enough to store, compute and verify the additional state transitions themselves (which breaks the challenge’s requirements), the latency for a transaction to reach layer-1-level security is in the tens of seconds and easily minutes under layer-1 congestion.
State Channel Network, however, offers two orders of magnitudes lower latency and gives users smoothest experience. The underlying reason for that is the so-called “instant finality”. When a user sends out a transaction in State Channel Network, all latency involved is a 1.5–3 Round Trip Time (worst-case in hundreds of milliseconds) to the counterparty to receive the mutually signed and updated state proof. Once this proof is obtained, this transaction is “final” as in there is no possibility to revert or reorg this transaction. We want to highlight that this is not a system engineering difference, but an asymptotic advantage for State Channel solutions.

💪Simple horizontal throughput scalability with maximal decentralization

Horizontal scaling by simply adding more subreddit nodes
In terms of throughput requirements, Celer’s State Channel also offers fundamental advantages. The key difference here is that State Channel Network offers a simple scale-out solution for the Reddit Community Point use cases. To add more subreddits supporting community tokens and therefore more users, it is as simple as spinning-up new Celer State Channel nodes. Each node will serve users in the “proximity” and cross different subreddits if tokens can be shared, they can be connected simply via some “backbone” links as a single and interoperable network. This offers close to linear scaling-out capacity as the number of users grows. There will be no layer-2 or layer-1 congestion.
On the contrary, all layer-2 commit chain approaches (e.g. Plasma, zk Rollup, and Optimistic Rollup) rely on a logical singleton to order transaction, compute state transition and finally batch succinct transaction summaries (proof or state root+calldata) to the layer-1 blockchain. This means that as more and more users onboard the logical singleton, there will be even congestion on layer-2 let alone the inherent congestion on layer-1. To alleviate such congestion, a simple approach is to split one commit chain into multiple commit chains in the fashion similar to layer-1 sharding. However, cross-chain communication will then pose a significant challenge with much more complicated interaction beyond the acceptable requirement of the use case.

💵 Lower transaction cost

State Channel also offers fundamentally lower transaction cost comparing to other layer-2 scaling solutions.
First, on the storage side, the amount of storage required in State Channel system is linear to the number of users in the system and has nothing to do with the number of transactions or interactions. In addition, there is no layer-1 storage required during the transaction process (send CP and burn CP). This is because state channel nodes and SGN only need to store the latest state for each node instead of the full transaction history. On the contrary, the commit-chain approaches require storage capacity to scale up with the number of transactions. What’s worse, even when transactions are happening purely in layer-2, layer-1 storage resources are also consumed to store the validity proof or state root.
Second, on the compute side, state channel requires less compute resources for off-chain transactions due to the fact that no state update needs to be computed or checked by a duplicated set of parties or waiting for any blocks. State updates are only computed and agreed upon between counterparties.

📝Flexible conditional payment primitive

State Channel like any other layer-2 technique, does not cover the full spectrum of tradeoff plane. The biggest tradeoff is that it is trading off performance and cost with the supported application patterns. If it is a use case such as minting and transferring NFT tokens (e.g. CryptoKitty)where the involved users concurrently interacting in a session is arbitrary and changing at any given time with arbitrarily unique assets, State Channel is not the best solution.
However, we do believe with Reddit’s specific use cases concentrating on token management and transfer, State Channel Network is a great fit with enough flexibility to go beyond just simple token transfers. Celer’s generalized state channel differs from simple payment channel networks (such as Raiden and Lightning) in the sense that it supports conditional payment to implement much more flexible functionalities and logics such as auto subscription with an underlying generalized payment network.

Performance Benchmarks

Celer Network’s node software is highly optimized and production-grade: it requires less than 10MB minimal memory and can support 1,000 clients on one t2.micro instance with 1CPU, 1G memory**.** The node software is also hyper scalable with support of multi-node clustering via solutions like k8s and parallel database backend via solutions like Cockroach DB.
All of the use cases mentioned in Reddit Bakeoff essentially can reduce to token transfer operations. So we focus our test on this specific benchmark. As we discussed previously Celer’s state channel can scale horizontally, we use a single-node setup with a single database backend instance for the ease of reproducing the benchmarking results through our end-to-end test.
The video of the benchmark demo can be found here.
As shown in the performance benchmark demo, with this setup, Celer Node can achieve 4177 transactions per second and an average transaction latency of 9ms with a peak memory usage of less than 200MB. We want to note that our node software has the capability to extend a single node to a decentralized cluster of nodes plus a parallel database access backend. Celer Node software can achieve more than 30,000 transactions per second with 11ms latency per transaction on a single logical node built by a 9-server cluster.
In terms of transaction cost, the only protocol cost is on storing user’s state to State Guardian Network. Each user’s state proof is around 200Bytes no matter how many transactions a user sends as the state constantly gets updated to the newest state instead of appending new states. Therefore, it is just a subscription model for a storage slot on the State Guardian Network. The pricing of state storage is dynamic and as of the initial launch of the SGN, the cost for processing the entire batch of challenge transactions and storing states during these time would be around $1.9.

Notes on the “Layer-2 LEGO”

Layer-2 tradeoffs
Layer-2 is a complex space but it is also a composable one. We believe the best solution is not to choose any single layer-2 scaling technique but compose multiple techniques together as a wholistic solution. Analyzing the Reddit team’s requirements, we believe a combination of solutions working together might offer the best tradeoff for all current and future envisioned use cases. We provide an interesting thought experiment on how to compose different techniques together.
State Channel has the capability to not only run on layer-1 blockchains but also run on layer-2 commit chains like optimistic rollups. Therefore, we can imagine a system where the entire “on-chain” operations (e.g. exit of state channel and actual instantiation of channels) are all based on layer-2 smart contracts on optimistic rollup chains. This gives the flexibility to build very complex use cases like Community Token liquidity pool on rollups. At the same time, when it comes to real-time interaction, token distribution and token transfer, state channel network operating on top of a layer-2 rollup chain will take the load and give end-users the smoothest user experience possible.
We believe this should be an exciting future for Layer-2 scaling on Ethereum.
submitted by no89key to ethereum [link] [comments]

Phore Blockchain: 2020-Q2 in Review

Phore Blockchain: 2020-Q2 in Review

https://preview.redd.it/awot1okttud51.jpg?width=700&format=pjpg&auto=webp&s=493568432ba198961ec387f5a55cab4f9bb34b87
Greeting community!
It’s been a busy few months in the Phore world, and we want to make sure the community is up to speed on all of the developments! Read on for a round-up of all of the news from Q2 2020!

Marketplace Updates

Though the Marketplace remains in the Beta phase, the team has been hard at work improving the platform for its users. In April, we released a new and enhanced version of the app, (v. 2.3.6) which included back end improvements, process streamlining, common bug fixes, and UI improvements. The latest version of the marketplace can be downloaded by clicking here.
We also revealed that a forthcoming release of the marketplace will include a new and improved trading feature — all within the platform! The changes will include a greatly enhanced UI, a clear and easy-to-navigate interface, and will simultaneously capture the traditional “feel” of exchanges. All of this accomplished while maintaining an entirely decentralized architecture. The days of relying on risky, centralized exchanges will be no more. Check it out:

What the Phore Marketplace Trading interface will look like
Lastly, in early June we also released a brand new Marketplace Browser — a groundbreaking development for Phore and all marketplace users! This release drastically improves the dApp’s usability and accessibility. Now, from the browser of their choice, users are able to peruse the marketplace listings at their leisure. Previously, users were only able to view the marketplace by downloading and installing the application, which had approximately 2,000 users at its peak. With this release, all of the world’s 4.5 billion internet users are able to access and browse the platform.
Note: In order to complete a purchase, the full Marketplace must be downloaded. The browser version is for browsing only.

The Phore Marketplace Browser

Core Wallet Updates

In June, we released a brand new version (v1.6.4) of the Phore Core Wallet. Click here to download the new version of the wallet.
While it had been a long time between releases, v1.6.4 represents some pretty large changes to the wallet that include: bug fixes, massive performance improvement, and some brand new features. Some of these new and improved features are:
  • HD Addressing: A better method to generate key pairs, using a master seed that determines new keys in a deterministic manner. This allows keys to be recovered and/or recreated with the original master seed. Uses include: creating permanent wallet backups, setting up websites that take payments by setting up new addresses (without private keys), and so on.
  • Mnemonic Seed Words: Users can now create their master seed using a randomly generated set of 24 seed words. Additionally, users can “drag and drop” their randomized set of words, to make an easy and reliable copy of their seed word key.

Mnemonic seed words — New and existing wallets can make use of this feature
  • Proposal Creation: Phore users can unlock a Phore wallet while still in the process of creating a proposal.
  • Performance improvements include; improved staking/mining efficiency, QT front end improvements, reduced memory storage, removing unnecessary multithreading lock, improved response time for RPC getchaintips (20x faster), and more.
  • Bug Fixes.
To learn more about the specific changes in the release, click here to see the release notes on Github.

Synapse Update

Note: If you aren’t at all familiar with Synapse, some of the terms in this section may be a bit confusing. Click here to get up to speed.
In July, we released a comprehensive Synapse update to bring the community up to speed on the latest developments. The team has been working toward our next testnet run, and upon some internal testing, some issues arose that needed to be addressed. These issues revolved mainly around reliability and stability, improvements to securing the blockchain, and some functionality to tie the Synapse architecture together.
As it currently stands, the various shard chains are finalizing correctly, but some issues are being resolved around maintaining synchronization between the shards. The overall stability of the architecture must be improved prior to launching a public testnet.
Design is currently underway for the shard proposer election system. This requires changes to the shard proposer selection so that it is based on the last finalized block hash. Another key piece of the puzzle is managing states on the beacon chain. In particular, the RANDAO protocol, which is used to shuffle validators and randomly assign tasks to them.
While the last few bugs are being ironed out, work has begun on developing a Synapse wallet. This had to wait until the core blockchain was nearly complete so that the protocols and APIs present in a wallet would be solidified. Here is a preview of the Synapse wallet:

https://preview.redd.it/5f1ysri9uud51.png?width=700&format=png&auto=webp&s=07a65617edc655bf751d16610a840fc63de2dab1
PHR information is being used as a placeholder.
If anyone has any recommendations for useful tools to include in the Synapse wallet, feel free to suggest them to a team member! Any and all feedback is welcome.
While the Phore team does not set hard deadlines for completing projects, many members of the community have been asking for a rough time frame of when Synapse will be ready. Right now, we believe that Synapse is about 85% complete, and proposals surrounding Synapse governance will be made in August or September. Stay tuned for more updates.
To read the full Synapse update, click here.

New Core Developer

In May, we welcomed Kolby Moroz Liebl to the Phore Development Team! Prior to joining Phore, he was the creator and lead developer for Curium, a project that originated in January 2018. Kolby has already made numerous contributions to Phore, including hierarchical deterministic addressing, a GUI-based budget proposal creation process, and Masternode setup user experience improvements. We are happy to add him to our pool of talented developers!

https://preview.redd.it/n9boax1duud51.png?width=700&format=png&auto=webp&s=cf9d18080e7bdaa6add2ea72fee493eb363419a7
Exchange Listings
Also in June, we were happy to complete a listing of PHR on the StakeCube exchange! As one of the most popular and easy-to-use exchanges in the Masternode market, this is a great addition to our list of exchanges. Trading pairs for PHR include:
  • PHBTC
  • PHLTC
  • PHSCC
  • PHDASH
  • PHDOGE
Click here to start trading PHR on StakeCube!

Marketing/Promotion

In May, we published an article on the topic of decentralization and blockchain technology and discussed how these could have been used to help mitigate the global coronavirus pandemic. Click here to give it a read!
Also in May, Phore was featured in a video titled “Top 5 Profitable Cryptocurrencies” on the Melchionda Network Youtube Channel. Watch the video by clicking here.
We have since been featured on the Melchionda Network many times.

Conclusion

Another quarter in the books! In Q2 of 2020, Phore continues to build a solid foundation for immense growth ahead. With the backbone of a strong, reliable blockchain and core wallet, improved platform accessibility and user experience in the Marketplace, and groundbreaking innovation with Synapse, the future remains bright for Phore.
Here’s to an even better Q3!
Visit phore.io to learn more about Phore Blockchain, and follow us on our various social channels that include Twitter, Telegram, Discord, Bitcointalk, Reddit and Facebook.
submitted by mmcsm to u/mmcsm [link] [comments]

Episode 1 Recap - 8/10/2020 - 8/16/2020

EPISODE LINK!
EPISODE 1

NEWS RECAP
Transition from Byron to Shelley
1000 Stake Pools reached!
Charles, Charles, Everywhere

COMMUNITY RECAP
Yoroi Delegation
thibautrey

Small Pool Delegation Pledge
blockgriot

ITN Rewards available!
k4tsumoto

Stake Pool Security Primary
ADABros

Binance unleashed!
Wackylew
epoch808
fitdoxx

New Fan
liridonius

Not Your Keys, Not Your Crypto
BinaryCopper

Trading Card Game on Cardano!
JJDevelopper

$1 Million Contest
https://www.reddit.com/cardano/comments/i5ar5u/charles_hoskinson_a_paper_wallet_with_1_million/
AlanOne89

SPOCRA
https://www.reddit.com/CardanoGovernance/comments/i8yuwy/join_stake_pool_operator_collective/
Cardano Minute

NEXT WEEK IN CARDANO
20% blocks made by the community?
More exchanges coming on line?
Can we get to 50% staked?

THANKS FOR WATCHING!
Subscribe to us to keep it coming! Join our Discords and Follow us on Twitter!
Discord - Cardano Corner Channel!
Twitter
submitted by WiddleWhiskers to CardanoCorner [link] [comments]

free Dividend Discord chat server.. ~4400 dividend investors on it!

Hi all,
I created a free Dividend Discord chat server (https://discord.gg/kkSr5FY) focused on dividend investing as a place where you can type (and/or talk) real-time with other investors (as well as people interested in becoming investors). This is the largest dividend focused Discord chat server in the world, and unlike others created by big YouTube financial channels, is free to access along with has way more investors.
Our 4389th dividend investor just joined a few moments ago.
We have folks in there with decades of experience that became millionaires through investing and people who have never invested and are just interested to learn, and everything in between... From teenagers to people in their 70s from all around the world including Africa, Australia, Austria,Argentina, Bahrain, Belgium, Bulgaria, Canada, Caymen Islands, China, Columbia, Croatia, Cyprus, Czech Republic, Denmark, Ecuadfor, England, Finland, France, Germany, Greece. Ireland, Israel, Italy, Japan, Kuwait, Netherlands, Norway, Poland, Portugal, Puerto Rico, Romania, Saudi Arabia, Singapore, Slovakia, South Africa, Spain, Sweden, Switzerland, Trinidad & Tobago, Ukraine, and Uruguay (from the members who have told me).
We have a general chat channel that is basically for normal bs’ing, and then we have a specific channel for dividend stocks, a channel for non-dividend stocks, and we have investing channels for ETFs & Mutual funds, Crypto, Commodities, and Real Estate. We also have a channel for talking about your portfolio & watchlist, a channel to talk about pros and cons of various brokerages around the world, as well as a channel for posting your dynamic sells/buys during the trading day. We also have an options channel with some very well-versed options traders, who are happy to share their knowledge with you. So, if you are looking into growing your dividend income with various options strategies, this is the place. We also have a spreadsheet channel for folks to share their tips and answer questions about how to customize your own portfolio tracking spreadsheet.
I've also created a channel for dividend alerts which automatically posts dividend cuts or increases which attempts to keep people informed as soon as the information is out there, as well as an automated investing news channel which posts investing articles as they come out, and an automated channel for breaking world news as it comes out.
There are also channels for movies & tv & books, video games, general news, sports, health & fitness, and a Polls channel (to optionally query people's thoughts on a variety of topics). This way we keep investing separate from others topics. I moderate it to keep topics aligned to channels, to minimize self promotion, to manage toxic individuals, to create new polls as people request them, etc. I authorize all accounts within minutes/hours (which also keeps out bots -- knock on wood).
There are also a couple of channels where you can dynamically stream music, as well as a gambling bot for fun.
I created an extensive FAQ document (in the #FAQ channel) which shares a ton of information about the server well as things like formulas you can use to create your own dynamically updating portfolio spreadsheet in Google.
Feel free to check it out and chat with others, or come and just lurk :) I've had multiple people who have joined and said this is the best investing Discord out there.
https://discord.gg/kkSr5FY
For those that are unfamiliar, Discord is just a free chat service that people use for text (and voice) persistent group communication. You can access it via your browser using the link above, or you can download a smartphone app and type in kkSr5FY in the invite field.
Of course, none of the information should be taken as financial advice that you act on without doing your own research.
submitted by GenXDividendInvestor to dividends [link] [comments]

Weekly Update: The Parachute culture, $COTI on Gate.io, Pynk crowdfunding campaign live, Voyager + Sterling Trading Tech…– 22 May - 28 May'20

Weekly Update: The Parachute culture, $COTI on Gate.io, Pynk crowdfunding campaign live, Voyager + Sterling Trading Tech…– 22 May - 28 May'20
Heyo! Continuing with our six-part catch up series to get up to date on the May and June news from Parachute and partners, here’s Part II of VI (22 May - 28 May'20):

If you're in crypto, there's often the random pump/moon/wenBinance talk that props up from time to time in groups. Especially, when someone new joins a project and is unfamiliar with the community culture. At Parachute, we have always made it a point to have more meaningful discussions than price. Cap shared some of his thoughts on this as well. For the #culturalweekend prompt this week, Jason got Parachuters to share about “something weird your family does that is a tradition for them but not a traditional tradition”. Peace Love’s Big Trivia in TTR was quite fun as always. The beta testing group for ParJar swaps was set up this week. Also, Chris organised something amazing this week which will possibly remain a secret amongst Parachute admins (and Doc Vic 😊 ). But if word of it ever goes out, you’ll realise why Parachute is the most wholesome project in all of crypto. Chris also gave out some cool $PAR to folks in the Parachute channel to talk about "something that you didn't spend much money on that had a big impact on your quality of life". This week's Two-for-Tuesday featured music from "female artists, including bands with at least one female member". Click here for the playlist. Thanks Sebastian!
Some good cheer from Alexis all the way from Germany
aXpire’s May recap video covers product updates from Bilr, PayBX etc. To track this week’s 20k $AXPR burn, click here. The team also shared success strategies for law firms. 2gether co-founder Salvador Casquero wrote about best security practices in finance. A new update was pushed to Wednesday Coin’s dApp, WednesdayClub. In this week’s XIO discussions, Citizens talked about ideal time allocation strategies for research and execution. Top Citizens on the Leaderboard stand a chance to win some cool merch. Also, watch out for pesky scams. Voyager announced a partnership with Sterling Trading Tech to launch a crypto trading widget. Proactive Investors covered Voyager in its latest piece chronicling their growing user base. As mentioned in a previous update, CEO Stephen Ehrlich’s crypto investment webinar happened this week. Switch crew did a community AMA just before the $GHOST airdrop snapshot. The team expanded with new dev hires. In preparation for the $GHOST airdrop, ProBit completed its $VSF:$ESH swap and Stex announced support for $ESH/$GHOST airdrop. $ESH was listed on HitBTC and Changelly. Folks who guessed these exchanges correctly won some tokens as well. Founder Josh Case sat down with Mr. Backwards for an interview. Among several updates to the Ghost website, a staking calculator was added. Click here to read the latest technical update from Fantom. $FTM was in the running to be added as a collateral for DAI. Congratulations to Uptrennd for becoming the highest ranked blockchain-based social media platform as per Alexa. They started a SmartLink campaign with 2key Network. The first Uptrennd halvening went live this week. The team is reachable on Discord from now as well. District0x’s latest District Weekly and Dev Updates can be read here and here respectively. Hydro team shared their thoughts on how virtual cards for independent contractors (otherwise referred to as 1099 employees) could improve reimbursement practices. Entries for their Decentralization Ambassador program were opened this week.
These look great, XIO team
This is what is planned for the GHOST ecosystem currently
SelfKey compiled a master list of crypto lending platforms. The Loans Marketplace will feature many of these. Full transcript of the May 12th AMA was released. SelfKey advisor Edmund Lowell spoke at the BlockConf DIGITAL conference this week. Mongolian exchange AIS-X joined the Exchange Marketplace. Pynk’s crowdfunding campaign on Seedrs went live this week. Check out their campaign video here. Amazing production! Plus, this cool feature in City A.M. was the perfect way to close off the week. Wibson hosted a meetup (online of course!) for its Spanish speaking community this week. The crew also introduced the app at an Ethereum event in Buenos Aires. Harmony burned all mainnet tokens mined before Open Staking going public. The latest staking stats and validator data can be seen here and here respectively. That’s right, 3B+ $ONE is already staked. Woohoo! With its latest CoinDCX listing, $ONE got its first INR trading pair. Saweet! The major improvement proposals that were discussed with the community this week were making Open Staking more decentralized and creating a more liquid staking market. This led to the first release after Open Staking. The winners of the effective-median-stake contest were announced. Hope you got a chance to take part in the Flash Quiz. Do you know about all the projects that have been built in the Harmony ecosystem? Here’s a rundown. The team hosted an AMA as well. BitMax changed some of its rules for $ONE staking. Check out COTI’s latest network growth stats here. And super congratulations on winning the Gate.io listing vote! $COTI was also added to Binance’s Locked Savings staking program. Broking platform Troy Trade partnered with COTI to improve its scalability. DoYourTip’s $DYT now has 2500+ HODLers. Neat! Mycro was invited to join BitForex’s app platform CAPP Town. GET Protocol’s GUTS Tickets was covered in Cryptogeeks’ latest blogpost on blockchain-based ticketing.

And with that, it’s a wrap for this week in Parachute and partners! See you again with another update. Cheerio!
submitted by abhijoysarkar to ParachuteToken [link] [comments]

Antiscamtoken with a vreakthrough!!

Antiscam Token (AST) — many of you may have heard of it, and a lot of you may not have. This project originated as most of us have been scammed at least once or twice (if not more than that!) by various ‘projects’ in the crypto scene — specifically on Uniswap. The team behind this project is mainly the admins from MSH (Moonshot hunters). MSH is a telegram channel dedicated to finding the gems (or moonshots) amongst the sea of new tokens being put on Uniswap. The MSH team has a dedicated community that trusts the admins. We do not plan on tarnishing this reputation by pulling a scam — and indeed, with AST, we cannot pull the liquidity at all, which is one of the most straightforward ways to exit scam a project.
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AntiScamToken

Antiscamtoken
Aug 4 · 6 min read
Antiscam Token (AST) — many of you may have heard of it, and a lot of you may not have. This project originated as most of us have been scammed at least once or twice (if not more than that!) by various ‘projects’ in the crypto scene — specifically on Uniswap. The team behind this project is mainly the admins from MSH (Moonshot hunters). MSH is a telegram channel dedicated to finding the gems (or moonshots) amongst the sea of new tokens being put on Uniswap. The MSH team has a dedicated community that trusts the admins. We do not plan on tarnishing this reputation by pulling a scam — and indeed, with AST, we cannot pull the liquidity at all, which is one of the most straightforward ways to exit scam a project.


So what are we, and what do we stand for? As the project’s name suggests, we have come to this space to change a few things up. Specifically, to change the way we trade to avoid scams, which directly result in a loss for traders/investors, it also represents a source of opportunity cost. We are aware a lot of us are doing well trading. However, we also know that we have many newcomers in the crypto space, especially when it comes to Uniswap, which shows an ever-increasing quantity of tokens and trading volumes. Our primary focus is to help everyone avoid scams on Uniswap, although we would also like to promote general scam awareness within crypto in general. The message should be clear — we are here to stay and help the greater community avoid scams or try our best in doing so! With the nature of this project, we are planning on making this “community-driven” once everything is up and running, so we would like to call this everyone’s project. AST, the token itself, has many features that a lot of already successful projects have incorporated, with burn and game mechanisms (lotto). With the dApp, we will be adding even more of these successful traits to the table, which will include (but are not limited to) staking for passive rewards and rewards for active contribution on spotting scams.
The dapp is released and have a revolutionary staking feature including auto distribution of dividends!! 🔥 And also a COURT PLATFORM for scam spotting!
They apparently have an small issue on the UI front end, which does not allow metamask to interact with numbers bigger than 999, which is a CON, but is getting fixed asap. In the meanwhile the team have made a video on how to stake more than 999 at a time directly on contract.
The purpose? Fighting scams, while making it educational and rewarding, thus attractive for even non-scam-fighters to HODL AST for rewards. To help create greater awareness of scams and raise the Uniswap trading community’s general knowledge so that fewer people lose their hard-earned money to these scam tokens. We have indeed come to stay, which also explains why AST’s initial liquidity is locked FOREVER! We were one of the first projects to BURN the liquidity tokens! For all of you who have held AST up until now, we genuinely thank you for believing in us! Of course, we won’t let you down! The dApp to come will be huge, and may shake up many things in the crypto-space!! Spread the words, and let us make AST great and genuinely shake up this space for once!! BURN THE SCAMMERS!!!!
dApp: To meet our goal of educating our community and providing a means of judging a project as a scam or not, we are now offering our community with a scam spotting dApp integrated with staking. How does the dApp work? So as we all know, scammers are getting better and better by the day, so how could we ever pre-program a tool that can spot scammers and their ways of doing things as they evolve while dApp stays the same? The key is resources. While some of us may already possess those, most of us may be newcomers to the crypto space and are very vulnerable to scams and may fall victim to them. So the key is through education and crowdsourcing information/knowledge, to keep the most vulnerable out of scams, all the while making it educational and rewarding on the dApp. To make use of our collective experience, we are continually looking to understand new mechanisms of scams as the scammers are developing new tactics for scamming others. In this way, we are indeed a community that needs each other to keep each other safe. The dApp is based on a court system, to make use of our knowledge/resources to fight scammers, while we all get to be educated and rewarded for every right choice we make. AST now has a court-like platform but is not limited to it. As the future vision is that as a community-driven project, we can all come up with ideas, thus making more platforms that may complement each other. Hence, we end up with a set of tools to burn the scammers finally!
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AntiScamToken

Antiscamtoken
Aug 4 · 6 min read
Antiscam Token (AST) — many of you may have heard of it, and a lot of you may not have. This project originated as most of us have been scammed at least once or twice (if not more than that!) by various ‘projects’ in the crypto scene — specifically on Uniswap. The team behind this project is mainly the admins from MSH (Moonshot hunters). MSH is a telegram channel dedicated to finding the gems (or moonshots) amongst the sea of new tokens being put on Uniswap. The MSH team has a dedicated community that trusts the admins. We do not plan on tarnishing this reputation by pulling a scam — and indeed, with AST, we cannot pull the liquidity at all, which is one of the most straightforward ways to exit scam a project.


So what are we, and what do we stand for? As the project’s name suggests, we have come to this space to change a few things up. Specifically, to change the way we trade to avoid scams, which directly result in a loss for traders/investors, it also represents a source of opportunity cost. We are aware a lot of us are doing well trading. However, we also know that we have many newcomers in the crypto space, especially when it comes to Uniswap, which shows an ever-increasing quantity of tokens and trading volumes. Our primary focus is to help everyone avoid scams on Uniswap, although we would also like to promote general scam awareness within crypto in general. The message should be clear — we are here to stay and help the greater community avoid scams or try our best in doing so! With the nature of this project, we are planning on making this “community-driven” once everything is up and running, so we would like to call this everyone’s project. AST, the token itself, has many features that a lot of already successful projects have incorporated, with burn and game mechanisms (lotto). With the dApp, we will be adding even more of these successful traits to the table, which will include (but are not limited to) staking for passive rewards and rewards for active contribution on spotting scams. The purpose? Fighting scams, while making it educational and rewarding, thus attractive for even non-scam-fighters to HODL AST for rewards. To help create greater awareness of scams and raise the Uniswap trading community’s general knowledge so that fewer people lose their hard-earned money to these scam tokens. We have indeed come to stay, which also explains why AST’s initial liquidity is locked FOREVER! We were one of the first projects to BURN the liquidity tokens! For all of you who have held AST up until now, we genuinely thank you for believing in us! Of course, we won’t let you down! The dApp to come will be huge, and may shake up many things in the crypto-space!! Spread the words, and let us make AST great and genuinely shake up this space for once!! BURN THE SCAMMERS!!!! dApp: To meet our goal of educating our community and providing a means of judging a project as a scam or not, we are now offering our community with a scam spotting dApp integrated with staking. How does the dApp work? So as we all know, scammers are getting better and better by the day, so how could we ever pre-program a tool that can spot scammers and their ways of doing things as they evolve while dApp stays the same? The key is resources. While some of us may already possess those, most of us may be newcomers to the crypto space and are very vulnerable to scams and may fall victim to them. So the key is through education and crowdsourcing information/knowledge, to keep the most vulnerable out of scams, all the while making it educational and rewarding on the dApp. To make use of our collective experience, we are continually looking to understand new mechanisms of scams as the scammers are developing new tactics for scamming others. In this way, we are indeed a community that needs each other to keep each other safe. The dApp is based on a court system, to make use of our knowledge/resources to fight scammers, while we all get to be educated and rewarded for every right choice we make. AST now has a court-like platform but is not limited to it. As the future vision is that as a community-driven project, we can all come up with ideas, thus making more platforms that may complement each other. Hence, we end up with a set of tools to burn the scammers finally! The dApp explained: Staking: To stake your AST, trade your AST to Staking Token (STT/Scam Trial Tokens) via the dApp staking portal. To remove your funds from the staking pool, exchange your STT back to AST. There is a 5% fee for exchanging AST to STT and vice versa. These fees will be distributed to those in the staking pool proportional to their share of STT. STT is pegged to AST 1:1. Scam Council: The Scam Council will accept listings of contract addresses of new projects and investigate them for a fee of 40 STT. STT holders can also vote on these new projects based on whether they think it is legitimate or a scam by posting 30 STT as collateral. Curators/Admins will investigate the project, and if they decide that project is likely a scam, those who voted that the project is a scam will receive their collateral back, plus 50% of the pool from those who proposed that the project wasn’t a scam. This also means that if you vote that a project is legitimate, and the board decides it is likely a scam within those 2 hours, you will lose 50% of your collateral. If Curators cannot decide whether the project is likely a scam within 2 hours, the majority vote (legitimate or scam) posted within those 2 hours will decide. The winning side will get half the STT posted as collateral by those who voted for the opposite side and the listing fee. Appeals: Teams that feel that their project has been judged unfairly may appeal decisions made by the council for a price of 100 STT. This will then run through the same process as above. If the appeal wins, they get their 100 STT returned; if they lose, the 100 STT will be distributed to participating jurors. dApp TL;DR: Staking: ●Staking Token (STT) pegged 1:1 to AST ●5% stake/unstake fee + 4% transaction fee (the regular tx fee for AST) for exchanging AST to STT and vice versa ●5% fee is distributed to stakers Listing: ●Listing Fee is 40 STT ●Add the project’s name, contract address, and website (if any) onto to the Scam Council ●Curators will investigate the project for 2 hours, during this time if you want to participate, you should study the project too, and then cast your vote ●After 2 hours Curators either rule it’s most likely a scam or let the decision go to a vote Voting: ●Casting a vote requires putting up as collateral 30 STT ●The listing fee + 50% of the collateral of the losing side will go to the sided with the Curators (Curators can only say something is likely a scam, not that it is not) or majority vote Appeals: ●Appeals can be posted for 100 STT ●Appeals that pass get their STT refunded ●The same rules as a regular listing are followed for appeals Trade: https://app.uniswap.org/#/swap?inputCurrency=0xa872e0a44bbd66c1486a756cb5bd3f0beec4e32e Contract: 0xa872e0a44bbd66c1486a756cb5bd3f0beec4e32e Join us on TG at: https://t.me/AntiScamTofficial Discord: https://discord.gg/pzRPxee Twitter: https://www.twitter.com/antiscamt Website: https://antiscamtoken.cyou YouTube: https://www.youtube.com/channel/UCCZ1XPAw_X9M8MClF9IJk-A Twitch: https://www.twitch.tv/antiscamtoken WP: https://antiscamtoken.cyou/AST.pdf Live price bot: https://t.me/AST_Price
Medium: https://medium.com/@antiscamtoken/antiscamtoken-86831c3329a0
submitted by Wanwan1000 to CryptoMoonShots [link] [comments]

Supporting SLP tokens on Komodo AtomicDEX for Atomic Swaps

BCH have been my favorite since my first crypto transaction. Also the community did really good job ending some controversial efforts before may upgrade. So why stop? SLP is one of BCH greatest features I believe it can help improve the situation for everyone not just BCH coin users.
One very important use case is using it on decentralized exchanges. In Decentralized exchanges there are no withdrawal fees or KYC's but there are on chain fees and about %0.15 fees on takers only. There software are released under an open source license.
I've got this respond from one developer months ago but didn't have time to post it here:
I have skimmed the link, the tokens are being created by using OP_RETURNs and somehow different utxos are assigned different types/quantities of tokens. As they are btc-utxo based, they might be compatible. I am not sure how the token utxos interact with p2sh addresses. If you know a dev involved with SLP, send them this link https://bitcointalk.org/index.php?topic=193281.msg2224949#msg2224949. in atomicDEX, this is implemented using HTLCs for utxo chains. Code for that is here: https://github.com/KomodoPlatform/atomicDEX-API. Right now AtomicDEX treats all utxos on a chain to be the same type and doesn't distinguish b/w them for the purpose of trade. So, the first task is to make atomicDEX aware of differences b/w utxo on the BCH chain and then lock the token utxo in a p2sh address that follows the atomicswap protocol as described in the bitcointalk link. the redeemscript for the p2sh lock address on taker side will look something like
OP_IF 1587922042 OP_CHECKLOCKTIMEVERIFY OP_DROP 02f804e5595b809514597b8d7bbe59b98e007a8c04ccad17041db0f769d168cd7a OP_CHECKSIG OP_ELSE OP_SIZE 32 OP_EQUALVERIFY OP_HASH160 4403d8efb440911aa83a3ad7df63b470af3db5fe OP_EQUALVERIFY 03ba67321f27a5470314fa39d767af3efdf242f2603a4404c3ccbada24640062e7 OP_CHECKSIG OP_ENDIF 
source:
https://discord.com/channels/412898016371015680/463445317136809984/705368490198171718
So I hope someone from this great community can take it up form there.
some info about adding new coins:
https://github.com/jl777/coins
Komodo telegram channel:
https://web.telegram.org/#/[email protected]_Official
AtomicDEX for mobile:
https://github.com/KomodoPlatform/atomicDEX
AtomicDEX Desktop Alpha:
https://github.com/KomodoPlatform/atomicDEX-Pro
submitted by Damascene_U to btc [link] [comments]

DEVIL'S DRAGON - A BLOCKCHAIN BASED CRYPTOCURRENCY FOR THE ENTERTAINMENT INDUSTRY.

https://ibb.co/wQS07VF
Transactions and payment systems have experienced a massive advancement since the inception of cryptocurrency. It entails the use of digital tokens to make payments.
The introduction of the blockchain technology into the veins of the society has totally improved the methods of carrying out various activities, every facet of life has leveraged this development to advance their sectors and provide better experiences for their users.
Considering how fun and attractive the entertainment industry is, especially the adult entertainment industry, almost everyone who has access to electronic devices and gadgets tends to log into private sites in order to watch and enjoy activities in those platforms with a wish to actively participate and transcend their thoughts into actions.
Unfortunately, the crypto community is denied such an opportunity giving that the use of cryptocurrency as legal tender is still at a very infant stage and is not generally accepted as a medium of exchange yet, this has aroused the need for a cryptocurrency/platform that gives individuals complete access into the adult industry to enjoy the perks within the system and benefit optimally.
DEVILS DRAGON (DDGN) - TRANSFORMING THE ADULT ENTERTAINMENT INDUSTRY THROUGH BLOCKCHAIN TECHNOLOGY.
The DDGN token is a unique multipurpose cryptocurrency designed to promote peer to peer activity or engagement. It is also a basic token improved by the Erc-20 Etherum blockchain which empowers the development of decentralized applications (DAPPS) that enables transaction in the form of sells, trades or exchanges.
This token does not only reflect a decentralized structure, it is also quite encrypted and proposes the option to share, publish and earn within the ecosystem, as well as bring life into the world of multimedia and adult entertainment.
For the crypto community who feel left out of the adult entertainment industry, this token and platform has been created to grant them access to enjoying the perks prevalent in the adult entertainment industry.
This is to say that through the use of blockchain technology and smart contracts, cyptocurrency holders can enjoy the benefits of adult entertainment like every other eligible individual out there.
WHAT ARE THE UNIQUE FEATURES OF DDGN?
Well, the devil's dragon token could easily be changed into fiat currency of choice on an etherum wallet through an ERC-20 token friendly exchange just like every other eligible token would.
With many other blockchain projects already live and functional, this token can also be used on these projects and technologies as it possesses the potential to proffer other beneficial features.
Furthermore, with the DDGN token, individuals are eligible to visit specific sites to access diverse available contents or watch videos on video platforms and earn rewards for it. It also intends to imbibe the utilisation of several innovations and revolutionary business models into similar platforms with the purpose of driving the dynamics of its own ecosystem.
To accumulate more devil's dragon token, features which include rewards and revenue sharing, live broadcast, moderating contents for forum posts to be either approved or disapproved, content mining and others will be deployed.
DDGN TOKENSALE AND FUNDRAISING.
The DevilsDragon team has concluded plans to float a token sale model starting with a pre-sale on the 15th of August 2020. This is in order to give intending investors and enthusiasts the opportunity to invest in its revolutionary initiative and also offer investors the chance to own the DDGN utility token for platform usage and also benefit from future increase in value of the token. Prospective investors have been offered one of the simplest Initial Token Offering ITO model where they will be required to send a minimum of 1 ETH and a maximum of 210 ETH to the crowd sale address (0x36165601ab78e9c8bc0274f3c004fc0697e95687) and a predetermined amount of value in form of DDGN tokens will be automatically sent to their used Ethereum erc20 address.
Only Ethereum ETH cryptocurrency is accepted for the sale and the rates at private sale (Pre-sale) is Token rate 2000 DDGN = 1 ETH for PRIVATE - PRESALE Only, while during the main sale (ITO) Token Rate is fixed at 1000 DDGN = 1 ETH.
CONCLUSION
Forged in the fire of devil's dragon, this token represents only the initial stage of revolution in the adult entertainment industry, with its unique characteristics brings innovation to real life working products on the blockchain.
Individuals who had previously wished to actively participate in this industry can conveniently transcend their thoughts into action provided they possess the devil's dragon token which is a prerequisite for anyone who wishes to enjoy the enormous benefits, desires and pleasures of the adult entertainment industry.
For more information about the project, kindly visit the official resource channels below:
Website:
Whitepaper:
Bitcointalk Ann:
Facebook:
Twitter:
Telegram:
Reddit:
Discord:
Article Written By: Sundilhan
Bitcointalk Profile Link:
submitted by VentraUnrated to ICOAnalysis [link] [comments]

Dev Update #14 - It’s Happening!

Hi there, hope you’re doing well! Things are heating up as we are getting VERY close to the launch of Trial of the Gods now! It seems like a great time to jump into a Dev Update as there has been a lot of groundbreaking work going on behind the scenes that we are very excited to be sharing with you. So… let’s get into it, shall we? Here’s just some of our highlights from the past fortnight:
Trello Board Updates:
As you’d be aware, we’ve moved to an ever-evolving Trello board to easily keep track of where we’re at with highly-requested Gods Unchained features. This is a living roadmap, and while we audit it on a weekly basis there may be occasions where extra work is needed on a particular item and it needs to stay where it is for just a little longer.
We have some significant changes coming to the board this week, which we’ve summarised below!
Since last time, here are some noteworthy updates:
That’s right - Trial of the Gods launch is almost here!
You can view the board in its entirety here.
There’s so many exciting things on the horizon for Gods Unchained - we can’t wait to share so much more of it with you over the coming weeks as Trial of the Gods kicks off. As always, we’d love to hear your thoughts in the comments below.
See you in two weeks! Stay safe, and have fun. - Meals
submitted by _meals to GodsUnchained [link] [comments]

Funfair Unofficial Community Update - June 7th

New Moon Racer Starts June 15th
New custom promotion page. Signups open.
New promo format rewarding early signups. 6 Lucky Moon Racer Prizes with progressive element.
Total of 2.5M FUN to be won on the leaderboards.
650K FUN + 1.5% progressive element to be won with Lucky Moon Racer

Funfair hits 4000 Network Players
Updated Crypto Gambling News Review
Fee Free Fun Promo Extended
Casinofair Ads on DappRadar
Member of the Week - fabio1111


Around the Community
Props to Whale Captain u/tehcoleslaw 🐳 🐳 🐳
June 1st - Only Ever Whale # 84
June 3rd - Only Ever Whale #85
June 4th - Only Ever Whale #86
June 7th - Only Ever Whale #87
Benchmarking Moon Racer 8 - MR7 Analysis
Answers by Jez June 7th

Trading
Biggest volume on June 6th with 123Mil FUN being traded.
This week we saw a low of 32 sats and a high of 37 sats.
https://www.binance.com/en/trade/FUN_BTC
Trading Ideas from TradingView (3 New)

See something to add? Comment below!
submitted by raphlf to FunfairTech [link] [comments]

Round up of Cryptocurrency News #3 Week 20/07 - 26/07

Pssst! Hey you. Scroll down for commentary!
Important/Notable/Highlights:
Special Mentions:
You haven't had enough news? Here is some more:
Speculation:
You made it! :)
First up, SORRY! This has been a late post, I have my reasons don't question them (if you must know I'll be posting in the discord - one time only haha). Secondly, I am sure you can agree with me when I say "Wow!" What an incredible week it has been. Last week I thought it was going to take a couple more weeks for more moving price action when it had only taken a few days which has seen Bitcoin reach and pass the $10,000 region. We have also seen the total Market cap for cryptocurrencies increase from about 280B to over 300B (308B at time of writing) within just a few days. A huge injection of liquidity, about 40B, into the market and just to name a few of the best rises in the top 20 (on Coinmarketcap.com), the price of ETH BTC ADA have given good performances/positive responses (With this I will start adding screenshots at the end of each week for timestamp purposes).
This may be a combination from Binance, Mastercard, Paypal, Grayscale investments, VISA AND the DEFI sector. Let me explain... Last week we read about Binance integrating with the company Swipe (SXP) to issue there own debit card expanding the use and reach of cryptocurrency to 31 countries within Europe. Binance's Q2 scheduled token burn of $60.5 Million, this figure correlates with its exchange, margin and futures trading platforms where approximately 20% of profits get burned to increase the price of BNB token (careful as the price has been steady after the burn).
This week we find out Mastercard's expansion into the Cryptosphere as they expand and integrate with the Wirex team to issue a Mastercard-backed Bitcoin debit card, thus further extending the reach of cryptocurrency availability internationally.
"The cryptocurrency market continues to mature and Mastercard is driving it forward, creating safe and secure experiences for consumers and businesses in today’s digital economy " "...Our work with Wirex and the wider crypto ecosystem is accelerating innovation and empowering consumers with more choice in the way they pay"
Mastercard is also reaching out to other emerging cryptocurrency firms to apply to become principal members [Partners] with Mastercard as they have relaxed their digital assets program and look to expand into the Digital Assets and Blockchain environment.
Paypals expression of interest in cryptocurrency facilitiation may bear fruits as it is said Paypal has partnered up with stablecoin operator Paxos (who is already in partnership with Revolut in the US) to facilitate trading through a cryptocurrency brokerage which will enable other firms to integrate cryptocurrency trading functionalities with them. In my opinion this looks much more promising than the Libra association they pulled out from last October as regulations.
Grayscale Investments clears regulatory hurdle as they have been given the green light for its Bitcoin Cash Trust (BCHG) and Litecoin Trust (LTCN) to be quoted in over-the-counter (OTC) markets by US Financial Industry Regulatory Authority (FINRA).
“The Trusts are open-ended trusts sponsored by Grayscale and are intended to enable exposure to the price movement of the Trusts’ underlying assets through a traditional investment vehicle, avoiding the challenges of buying, storing, and safekeeping digital Bitcoin Cash or Litecoin directly.”
More green lights for Cryptocurrency in the US as regulators allow banks to provide cryptocurrency custody services (which may go further than just custody services). A little bit strange as it seems unnecessary and undermines one of the key factors and uses of cryptocurrency which is to be in complete control of your own finances... On another outlook this may be bullish as it allows US banks to provide banking services directly to lawful cryptocurrency businesses and show support for Bitcoin.
Visa shows support stating they have a roadmap for their further expansion into the Crypto sphere. Already working with Crypto platform Coinbase and Fold they have stated they recognise the role of digital assets in the future of money. To be frank, it appears to be focused on stable coins, cost effectiveness and transaction speeds. However they are expanding their support for crypto assets.
AND MOST IMPORTANTLY, DeFI! Our very own growing section in crypto. Just like the 2017 ICO boom we are seeing exorbitant growth and FOMO into the Decentralised Finance sector (WBTC, Stablecoins, Yield farming, DEXs etc). The amount of active addresses on Ethereum has doubled but with the FOMO on their network have sky rocketed their fees! Large use-cases of stable coins such as USDT ($6B in circulation using ERC-20 standard), DAI, TUSD, and PAX. $114M Wrapped Bitcoin (WBTC) on their network acts as a fluid side chain for Bitcoin and DEX trade volume has touched $1.6B this month. With all this action happening on Ethereum I saw the 24HR volume surpass BTC briefly on Worldcoinindex.com
In other news, Bitcoin has been set as a new precedent in a US federal court in a case against Larry Dean Harmon, the operator of an underground trading platform Helix. Bitcoin has now legally been ruled as a form of money.
“After examination of the relevant statutes, case law, and other sources, the Court concludes that bitcoin is money under the MTA and that Helix, as described in the indictment, was an `unlicensed money transmitting business´ under applicable federal law.”
Quick news in China/Asia as floods threaten miners and the most dominant ASIC Bitcoin mining rig manufacturer Bitmain loses 10,000 Antminers worth millions alledgedly goes missing or "illegally transfered" with ongoing leadership dispute between cofounders.
Last but not least, Cardano (ADA) upgrade Shelley is ready to launch! Hardfork is initiated as final countdown clock is switched on. At time of writing the point of no return has been reached, stress tests done and confirmation Hardfork is coming 29/07 The Shelley Mainnet upgrade is a step toward fast, capable and decentralised crypto that can serve billions of people. With the Shelley Mainnet is ADA staking rewards and pools! Here is a chance for us Gravychainers to set up a small pool of our own. Small percentage of profits going into the development of the community, and you keep the rest!
If you read all of my ramblings thanks heaps! I appreciate it! I have added an extra piece of reading called speculation. Most you can speculate on by just reading the headline some others have more depth to them.
Another post next week for a weekly round up! Where do you think the market is going? What is in your portfolio? Let us know in the Gravychain Discord Channel
See you soon!
🍕 Bring some virtual pizza to share 🍕
Come have a chat, stimulate a discussion, ask a question or share some knowledge. We are all friendly crypto enthusiasts up for a chat, supportive and want to help each other with knowledge and investments!
Big thanks to our Telegram and My Crypto HQ for the constant news updates!
P.S.
Dr Seuss collectables on the blockchain HECK YEAH! and Bitcoin enters NASCAR, remember when Doge did this? it was like when Doge was trending on TikTok.
... Oh yeah did I also mention Steve Wozniak is suing Youtube, Google over rampant Bitcoin scams. Wait, what? Sydney based law firm JPB Liberty is suing Google, Facebook and Twitter for up to $300B. Just another day in the Cryptosphere.
submitted by IOTAbesomewhere to Gravychain [link] [comments]

Answers by Jez June 7th

Answers by Jez June 7th
A fun little weekly where we put together Jez's answers to the community's most pressing questions on telegram and discord.
You can't stump JezSan
Come join the conversation!
Telegram:
https://t.me/FunFair_Official
Discord:
https://discordapp.com/invite/rwETqSP
In this segment:
  1. A coin I was following, PPP, was trounced by SEC. I googled and looks like you did have an ICO. Have you been in contact with them or have they given you the ok? Just asking because they’ve really caused problems for several companies and I was thinking of investing. I’m not sure why they go after some and not others. Maybe some companies did it right? I still don’t think they have provided clear guidance, have they?So, just wanted to ask, is this something you see as a possible issue in the future?
  2. What do you think about Tezos?
  3. What about all other projects who have burning machanism etc they are also operational. You guys deceided not to burn but then why dont you reduce the total supply? What is it needed for? Beside trading and whales?

1. A coin I was following, PPP, was trounced by SEC. I googled and looks like you did have an ICO. Have you been in contact with them or have they given you the ok? Just asking because they’ve really caused problems for several companies and I was thinking of investing. I’m not sure why they go after some and not others. Maybe some companies did it right? I still don’t think they have provided clear guidance, have they?So, just wanted to ask, is this something you see as a possible issue in the future?
FunFair did its ICO in June 2017, so thats 3 years ago, and we've heard no complaints nor any contact at all from the sec - unlike most projects that did an ico, many of which have heard from the sec with some sort of complaint. (the funfair project started in 2016, in a small way and was ramping up during early 2017, so that we had done substantial work by the time we did the ico). we suspect its multiple factors: probably partly because we've always had a live project with real technology and a lot of work done and continuing to be done. we had a fully working prototype with the Fate Channels fully working - that was usable by the public - even before we did the ico, and we went live on mainnet a year after (the main cause of the delay was acquiring a gaming license so that it was legal to be used for gambling, or we couldve launched sooner). most ico projects had no technology at all and were overpromising and not producing anything, and had just taken the money without doing the work. our token is in use by real customers, and thus it is a genuine utility token. we also cancelled our plan to burn tokens during use, which is another reason the token isnt a security. and, the token is a cryptocurrency and its used directly in the project - and doesnt give token holders any control nor any dividends, so it cant be said to be like a share in a company, which is also another form of security.
One more reason that the lawyers tell us is relevant. funfair did its ico in june 2017. the sec gave its first guidance about tokens and securities in july 2017. the lawyers said that any ico that happened after the sec's guidance are on shaky ground beccause they were aware that the sec viewed tokens as a risk of being a security and those that came before were not aware of that. Also, we were careful to make it clear in our ico offer that it was not open to us contributors."

2. What do you think about Tezos?
"the team and tech are solid, but its not got the power of the ethereum smart contract system. theyve gone for a watered down smart contract system that isnt as powerful as ethereum but is more safe, because of its limited capability. tezos doesnt seem to have any users, except its own bakers... so it doesnt seem to have attracted any dapps or development. it doesnt seem to have done enough to grab any mindshare, as yet.
i think i saw some stats saying that 85% of the transactions on tezos are the bakers, and no users."

3. What about all other projects who have burning machanism etc they are also operational. You guys deceided not to burn but then why dont you reduce the total supply? What is it needed for? Beside trading and whales?
Its something we've been resarching and considering for a long time, and the main reason we didnt do burning of tokens (for the transaction fees) was because exchanges demanded a letter from our lawyers saying fun wasnt a security, and the burning of tokens makes that letter harder for lawyers to write. if exchanges no longer care about that letter or no longer care about burning of tokens, then it becomes more possible to burn tokens. what we didnt want to do was risk being delisted from the large exchanges, as our customers and ecosystem participants need the liquidity that the big exchanges provide, and it would make the success of the project much harder if the token became less available. of course, when the decentralised exchanges become more popular, which is slowly happening, then it may become less critical.
the main token that does burning of tokens and is listed, is binance's own bnb token, and theyre not about to delist their own token. but any other token that does burning, risks binance and other exchanges delisting the token if it does burning. well, that was the case a couple of years ago and i hope it'll change
of course, once ethereum starts burning eth (for miner transaction fees) and a few others do it, then maybe there will be safety in numbers and it'll become more acceptable to burn tokens
(its one of the proposals that eth starts burning some part of the miner transaction fees)
just to remind you it was always our intention to burn transaction fees, and the functionality to burn tokens is built into the token smart contract, but we never did it, purely to avoid unintentional consequences that could be a death sentence of the project (lack of liquidity of the token on exchanges)
weve always said that if ever it becomes acceptable to burn tokens and not risk being deemed a security that we would love to do it.
yes, crypto mom is well liked because shes pragmatic and supportive of cryptocurrencies and believes they were overly heavy handed. but the other commissioners were against it and probably still will be. so she's in the minority.
submitted by raphlf to FunfairTech [link] [comments]

CryptexSignals - The BEST Cryptocurrency Trading & Pumping Group? (Telegram/Discord) Crypto Space Bitcoin Live Trading - Tom Crown Cryptocurrency Trading Philosophy Crypto Gnome - YouTube Cracking Cryptocurrency Premium Trading Group - Premium Member Discord Tutorial

If you want to subscribe to the best crypto Discord groups for signals, news, rumors, price analysis, and more, keep reading. 1. Crypto Rand. Those of you who are migrating from Twitter will almost certainly be familiar with Crypto Rand. The account has been live for several years and specializes in crypto market analysis and research. Channels in trading groups, crypto and Altcoins. Updated daily with the number of channel users. We are tracking 384 crypto related Discord channels with a total of 865555 members. Got a group suggestion? Use the Add a Group feature to let us know! Last updated Thursday August 27, 2020 Looking through the official Valorant discord and browsing through the LFG chat, I noticed a message from a certain discord user named grunt that was offering services to help boost your game’s FPS and reduce input lag. Magic FPS Boost / Ping Reduction? Since I already researched as much as I could about FPS optimization, […] AUGUST 2020 UPDATES. Yup, it’s kinda hard to find the best crypto signals which can get you profit. That’s why we made a hand-picked top so you can trade them all for a short while. Crypto Discord Servers. Crypto Trading Calls, Education, News on Cryptocurrency assets. Learn from a Class-A trading team! Crypto, Economy View Join. 6 21 members 0 emotes Microcap Insight. Penny Stock Trading and Foreign Stocks! US investing finance hub.

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CryptexSignals - The BEST Cryptocurrency Trading & Pumping Group? (Telegram/Discord) Crypto Space

Just a dude who loves talking about cryptocurrency and blockchain. Whether it's Bitcoin, Ethereum, Litecoin or any of the billion altcoins, I'm here to talk ... 🚨🚨 Trading crypto is extremely risky. I do not recommend trading crypto without prior trading experience. Please understand the risks involved before using any of these affiliate links. (Telegram/Discord) Crypto Space ... Coins Pro Cryptocurrency Trading Platform Philippines Overview and Review - Duration: 20:10. Bibiano ForeX 1,295 views. 20:10. Are Premium Crypto Telegram ... Learn the shortcuts to 3Commas and Crypto Trading from me in three incredible crypto trading courses! ... Join me on Discord: https://discord.gg/ZmxZShb ... Andrew's Trading Channel 14,871 views. I'm a Cryptocurrency Day Trader with a passion for educating others about the market. The channel includes various types of cryptocurrency market analyses in...

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