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An alternative crypto currency for the cannabis industry.

Cannacoin is an internet based digital currency for the cannabis industry: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, Cannacoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Cannacoin. As such, it is more resistant to wild inflation and corrupt practices. With Cannacoin, you are your own bank.
[link]

My saved items

Social justice stuff:

70 papers to support wearing masks
dude who went out dressed as a woman and got harassed
copypasta to refute the "only girls take selfies with the stuff they share"
racism is a mental health issue (tweet image)
abuses by police
why you shoudln't say all lives mattewhat does BLM mean
juxtaposition of police complaining vs police abusing
the iceberg of white supremacy
"microagressions I face as a black woman"
debunk of 13/50
another debunk of 13/50
another debunk of 13/50
examples of male privilege
opinions vs prejudice
all cops are bastards
literally all cops are bastards
response to someone saying that Africa is underdeveloped
list of things for cis people to know, from a trans person
some debunked trans stuff and also some scientific studies
police, racism, and white supremacy
police, racism, and white supremacy
false rape claims
just a funny video about nazis pretending they're not nazis
how old are animals when they are killed for food
crime stats about men
crime stats about men part deaux
On Whiteness: How Race and White Supremacy Affect Discourse Surrounding Masculinity
"life would be easier if I'm white"
discussion on "inspiration porn"
disneyvacation how to make the most of white privilege
"it's better now than it used to be" tweet
rape victim blaming (image)
the point of FWR
the alt right, pitbulls, and race realism
almost trafficked in Austin TX
wage theft infographic
white privilege image
image about women staying safe
“The law, in its majestic equality, forbids rich and poor alike to sleep under bridges, to beg in the streets, and to steal their bread.”
examples of systemic racism
Islamophobic myths debunked
Feminist stuff explained
what SRS is all about
free market capitalism and homelessness

Politics

biden is handsy with everyone, not just women/kids
"Why I'm skeptical about Reade's sexual assault claim against Biden: Ex-prosecutor"
Trump administration profiting off the pandemic
Poorly handling pandemic
lack of meals in schools (tweet image)
crimes of Roger Stone
Trump and Epstein
racist views of trump
GOP's attack on democracy
debunking of certain defenses of Trump (impeachment hearing? idk)
electoral college is stupid and Trump agrees
damage to international relations
"why do liberals think Trump supporters are stupid?"
more racist views of Trump
GOP on immigration (image)
"everything you need to know about American conservatism"
nunes buried evidence on Russian meddling
on hillary's email server
Trump colluding with Russia
GOP - party of "principles"
"why is the left so violent"
Trump doing dictator stuff

Workout stuff:

pullups
quarantine workout template
giant dude doing crazy bodyweight routine
list of every minimalist shoe on the internet
handstands
quarantine workout
some dude's workout routine/weightloss, check back to see if he posted his routine at all
bodyweight fitness workout stuff
something about L-sits and pistol squats
muscle-ups
various ab exercises
stronger by science podcast
common deadlifting mistakes
get cut/abs
reverse crunches
lift weight, eat more protein
bodyweight exercises
gym gif
handstand tutorial
vibram fivefingers sale
bodyweight workout
more bodyweight fitness stuff
proper running form
running/posture
calisthenics
muscle ups on rings
muscle up progression

Programming/tech stuff:

getting the best out of android
create a bootable pendrive
list of free sites to educate yourself
free alternative to photoshop that's not gimp
infosec tools
Python cheat sheet
how to make a reddit bot
another how to make a reddit bot
android development
raspberry pi stuff
make a gif longer than 15 seconds
221 free programming courses
android programming
import praw
IFTTT
"holy grail" of programming resources
bootable usb drives
free CAD and FEA apps
activate god mod for windows 8
android development
cool websites to bookmark
keep your mousing moving when afk
app development
android development
cerberus to recover lost phone
camera recovery
free online programming course (probably expired by now)
python for beginners
good PC programs to have
algorithms everyone should know
modify your browser's fingerprint

Misc:

common chess mistakes
what to say to kids instead of "be careful"
how to tie the strongest knot
M to F sex reassignment surgery gif (NSFW)
Terry Pratchett quote on satire
DIY concrete mantle
hierarchy of discourse
just a funny hamster video
growing potatoes
Michael Scott on hate crimes
tips for buying a used car
how to bowl a strike
AI experts from top universities slam ‘predictive policing’ tools in new statement and warn technology could 'fuel misconceptions and fears that drive mass incarceration'
correlation between gut biome imbalance and other issues
C&H it couldn't be avoided
happy halloween meme
gif of "fuck" from SNL
picture cube
good place to get glasses
the gymnast allergic to everything
psychological life hacks
critical thinking
educational websites image
opening things
diagnosing an engine based on spark plugs
austrian choir of 1982 (shitposting in modmail)
mental exercises to reduce dementia
loaded pretzel bombs
roll a coin across your knuckles
solar micro grid
reverse/parallel park
roadtrip playlist
fun hobbies for under $50
the 100 jokes that shaped modern comedy
catholic/bishop accountability
atheist parent resources
ideas for movies to watch
replace your brake pads for <$40
something about adware
signing up for clinical trials
ordering glasses
getting to yes
that's a peanut
cryptogram solver
copypasta of creepy gifs
bertram russell's "why I am not a christian"
recommended movie about time travel
biblical contradictions
continuum season 3 webisodes
religious arguments
transhumanism for kids
free stuff on the internet
record video and stream it to a remote server
amazon's 100 books to read in your lifetime
critical consensus of historicity of books of the bible
how to get started in dogecoin I think
cool websites to bookmark
learn skills online
55 great books under 200 pages
software to install on a new PC
telescope beginner's advice
cool short story
stories with aliens
scifi ebook to read
create a roth ira
muscle reading
hip new thing called "duolingo" or smth
introduction to transhumanism
how to keep your engine bay clean
hedge fund analyst research writeup
discussion of paranormal
get an SMS if there is an emergency nearby
debunking some YEC stuff
art of public speaking
being confident
interview with Malala
practicing another language
glass/bottle cutter
watch documentaries for free
watch nikelodeon online
pale blue dot
bunch of free textbooks
food allergies facts, myths, and pseudoscience
list of banned books by reading level
mindfuck movies
ebook with random esoteric skills
save money on prescriptions
learn electrical engineering
websites for learning
design lego projects
horror books to check out
sci fi movies to check out
40 awkward questions to ask a christian
good list of subreddits
free ebooks

just wanted to reference for latereddit stuff

https://www.reddit.com/OutOfTheLoop/comments/b1hct4/why_is_everyone_talking_about_the_ootl_mods/
not sure why I saved this but here you go: https://www.reddit.com/videos/comments/ggowxj/on_may_8_2005_one_of_the_greatest_videos_in_the/
mod drama
mfw muting someone
also mfw muting someone
mfw muting someone else
https://www.reddit.com/unpopularopinion/comments/b0hg3u/if_you_got_triggered_over_un8thegr8_youre_a_pussy/
thinking about those beans
some shit trashy mods did
fragile white redditors
I locked a thread to "prevent police from commenting" (aka I'm hilarious)
day of the spread
day of the spread also
summoning bots (saved over a year ago, they're probably all banned now)
n8 mods ihatewhitepeople
april fools 2019
community points
what does it mean to be not the onion
modmail search
angry at the admins
SPS notices the banout
darkjokes fragility boogaloo
top mod of upliftingnews mod-abusing
fortinbraz's bookmarklet thing on karmabots
one click reporting userscript
how to turn off push notifications
a tidbit about the sorting algorithm
threepanelpuns template
imgur info userscript
j0be's poweruser imgur script
shitposting from imgur by j0be
good piece of advice from gaywallet
bookmarklet to unhide everything on your hidden page
funny thing from centuryclubdrama
image about reposts
j0be bookmarklet to delete everything from your userpage
some javascript thing idk
[exchange karma for bitcoin (is this still even a thing?)](https://www.reddit.com/Bitcoin/comments/zqocl/exchange_your_karma_for_bitcoin_reddit_bitcoin/}
zadoc's HQG tutorial
another javascript thing idk
preggit's well rounded meme
all these saved items, and you had to be salty
mods who distinguish
mat01ss tutorial on giffing
mat01ss tutorial 2
mat01ss tutorial 3
another j0be script
shittywatercolour painted a comment I made
python script idk
centuryclub intro copypasta
reddit API that the1rgood wrote
ruby API thing
user history reddit bot
submitted by N8theGr8 to N8theGr8 [link] [comments]

I’m going no contact before Christmas

Trigger: drug abuse and sexual assault
This is a throwaway acct but I regularly participate on my regular account. I am using a throwaway for reasons that will become obvious below. I’m making this post because of an event that transpired last night.
I have a relative who is high up in the military ranks and has spend almost my whole life in combat or away from the states. This year, however- actually, the day after my wedding, these relatives moved back to the states a few hours from me. Up until the 2016 election, I would consider these family members that I get along with and enjoy being around. Then they voted for Trump and I cut off contact. For reference, I am bisexual. I have a 15 month old daughter and my stepson is an autistic non-verbal child who is biracial. Everything about Trump stands against my children. His policies have placed my stepsons life in danger. I am very blunt about my decision to have no contact with family members who support Trump. When I heard the news that said family members were moving back to the states, I was asked by my mom if they were being invited to my wedding. I asked her if they still supported Trump MANY TIMES to which she responded with things like “I wouldn’t believe so after what he’s done lately” and “not that I’m aware of”. So I invited them. But they didn’t come due to their closing date for their new home.
This is where another instance of my mom being a narcissist comes in. A month before my wedding, she agreed to leave my reception early with my children so my hubby and I could celebrate with no kids at our house that night. Just days before the wedding, she informs me that she’ll be traveling to help family members move back to the states so she can no longer take my kids that night. She gives me just days to figure something else out. Because of that, both kids left early with different people. I did not get a dance with my stepson on my wedding day or a family dance with all four of us. If she had agreed to take them, that wouldn’t have happened.
And then, she didn’t even go. She stayed home the next day and didn’t go help them move. She asked me if I would want to take a weekend trip there and I agreed. When the time came, though, a scheduling conflict arose and we didn’t end up going. She had also mentioned taking my kids for a weekend at some point to which I happily agreed! They love to explore new places and these family members had yet to meet them so I figured it would be a fun excursion!
Last night, I log onto Facebook for the first time in weeks because fuck Marc Zuckerburg, and I see a pro-Trump post from one of the family members that just moved back. I was fuming. My mom had been lying to me knowing damn well I had cut off contact with any other Trump supporters. And this wasn’t just a pro-Trump post. The post quite literally said “can’t wait to vote Trump 2020”. So I lost it on my mom. I went off. She was gonna take my children to this persons house without me for a weekend while lying about their political party views. I have a feeling she was going to let the politics come up around my children, in a sort of, brainwashing type of manner.
Now it’s five days before Christmas and I’ve blocked my parents phone numbers and have no desire to spend any part of Christmas with them. Except gifts have been bought. And we have a family gift exchange with my grandmother, who is Queen of the Narcissistic Lineage I’ve got flowing through me. I know I will be going no contact with all of them but I don’t know whether or not to wait until after the holidays. At this point, I’m considering dropping the kids off for an hour and not going with my husband. That’ll be the last time they see the kids.
Some other examples of wild shit my mom has done:
Every time she wants to “talk” aka bag on me for my BPD or depression, she literally locks me in a room and won’t let me leave. This happened once before my husband I got married when we lived with them. He sat in our basement den while they locked me a room above him to yell at me. They did this same thing after I came home from college after being raped. They locked me in my own bedroom to question me about the assault to determine if I was lying or just “had it out for men”. Yeah, that’s a direct quote. I won’t ever forget it.
She gave my infant daughter formula once without my permission despite my exclusively breastfeeding her. She waited a few months to tell me but then brushed it off because it “was only once and there was no pumped breast milk left”.
She has always maintained that my daughter should just skip or have short naps if she wants to visit with her, take her somewhere, etc. She told me straight up that my daughter would be fine with no nap for the holidays. I’m the mom. I set the nap times and my daughter, just like me, thrives off of a lot of sleep. When she is overtired, she cried and wants to breastfeed. And if I do that in front of everyone, once again, they will throw a fit because she’s “too old to be breastfeeding” and I “should do that in a private area away from” them.
My brother is 20 with social anxiety and anger issues. He has hit my mom as a child. He has beat me up. He’s punched holes in walls in our house. And my mom never stuck with therapy for him so now he has no GED (he dropped out as a freshman in HS) and lives in their basement, still taking money from them to purchase video games and computer monitors. He’s done some work mining Bitcoin lately though so I’m not too mad about that lol. He doesn’t take his medications regularly.
My sister is in middle school with a slew of mental illnesses; she was thought to have Down’s syndrome at birth but ended up testing negative. She did struggle in elementary school so she retook a year and is now on track for her age. She has social anxiety, sensory processing disorder, anxiety, and OCD. She also does not go to therapy or take medications.
When I was diagnosed with PCOS, she told me it was a bullshit diagnosis and only when I had a THIRD diagnosis from a reproductive endocrinologist did she allow me to seek treatment. I was infertile due to this. I had my daughter by straight luck and will never be able to have kids again... not that I want them anyways.
There’s so many more examples but they’re extremely long stories with various details. The most important one is just wild and includes her threatening to file for grandparent’s rights to visit my children. I should’ve never allowed contact again after that. I’m only posting here because I’m lost at what to do in this situation. She has an entire family of 10+ adults to defend her. She will tell me that I’m just like my biological father (they divorced when I was in elementary school due to his addiction, he shows signs of BPD like me so it may be both genetic and environmental for me) and that I’m a narcissistic crazy bitch who needs help. My husband and I agree, though, that she only demonizes me like this when I’m in treatment (or when I’m defending myself) and she can’t as easily manipulate me. I’ve been in treatment for four months now. My husband only recently started reading this Reddit with me and understanding aspects of her (and my childhood as a whole basically) that are dangerous and creepy. Our biggest concern is my siblings that live with her. She is not helping them and they will end up like me if they don’t get help now. My therapists have all made that clear; the earlier the intervention the better. I would probably have been better off if my mom had gotten me consistent help back in high school when I originally sought out therapy. Instead, I spent five years in and out of treatment taking two steps forward just to take four steps back every few months. Now I have a daughter who triggers me daily and I am doing my very hardest to be a better mom for her but I cannot do that with my own Nmother behind me looking over my shoulder pushing me down every chance she gets.
So what do I do for the holidays? And how do I finally cut off contact with family members who I’ve got loans through?! My grandma just bought me a vehicle in cash after I was in a hit and run so I owe her money every month for that until it’s paid off. My husband and I just moved 45 mins from my Nmom and 1 hr and 15 from NGrandma who I will now call NLineage Queen. We are far enough away to feel safe and sane but cutting off contact is really tough, especially when there’s two younger siblings involved.
TLDR; cutting off contact with nMom before holidays or waiting until after
submitted by clh799 to JUSTNOMIL [link] [comments]

Australians, you need to start buying as much crypto as you can.

I’m Australian, this isn’t meant to be an alarmist or sensationalist post, but the economic situation in our country is a lot more serious than most of us think.
First off, the current economic situation.
Simply put, our economy is fucked. Our housing market is dangerously overleveraged and because of policies by our government at the time, we never experienced the correction the US and most of the rest of the world did during the 2008 Global Financial Crisis. And now the chickens are coming home to roost. Australians are up to their eyeballs in debt, almost half of the housing loans are interest only, it’s the reason the Reserve Bank of Australia hasn’t raised the interest rates since 2016. Because as soon as they do, even by 0.01%, tens of thousands of Australians are going to default on their mortgages. It’s no secret that our housing market is one of the most expensive in the world, and anyone living in our country already knows this. The market value of Australian homes is 4 times the GDP of the country. Our housing market is beyond the point of saving and the bubble is about to pop. And while our mainstream media is trying to convince us that it will deflate slowly, history paints a different picture.
And that’s just the start of our problems. It’s no secret that China is our biggest trading partner. We rely on China more than any other developed country in the world. And what is currently happening on the greater global stage? Our most important military ally has engaged in a trade war with China, and the effects of that trade war are starting to be felt. Chinese stocks are in freefall, and that’s only going to be the beginning of the negative effects from Trump’s hardline approach to dealing with China. It doesn’t take a genius to see that this is going to have a devastating effect on our economy.
Our biggest trading partner is having a financial gunfight with the USA, which is going to result in them buying less of our stuff. And still that isn’t the end of it. Mining is down. Commodities prices are down. Our manufacturing sector is almost dead. The only thing we have going for us at the moment is agriculture and that can’t prop up the entire economy. You wanna turn white? Read this article from last year. Our economy is teetering on the precipice.
You think I’m being dramatic? Well even the Australian MSM can no longer ignore it. With articles like this appearing almost on the daily. Our dollar is in serious trouble, anyone who knows the slightest bit about TA go look at the graphs in that article. Our country is in serious economic trouble. And we don’t know shit about it because our media is a duopoly that makes most of its money from their real estate arms. All signs are pointing to our dollar about to be worth a hell of a lot less than it currently is.
What can we do?
Since this is the crypto subreddit the solution to this impending economic shitstorm should be painfully obvious. Buy fucking Bitcoin. Not the solution for the country, for you. The country isn’t going to do shit for anyone of us except saddle us with debt and a cooked economy that is going to take generations to get out of, if ever. So we should be diversifying. Sure buying gold probably isn’t a stupid idea either, but if you think that is proof against state intervention, read a history book. Even then, gold still needs to be converted into cash to be useful, and anyone paying attention can see that Australia is gearing up for a war on cash that borders on tyrannical. The only way for us as individuals to protect our wealth at the moment is to convert it into cryptocurrency.
But Bitcoin is low at the moment!
No shit. But if you think it’s going to stay that way you are 1. In the wrong subreddit, and 2. No paying attention to the macro factors of crypto. Wall St is gearing up to enter. The bank that runs the world is getting involved. And not just American banks. Bitcoin may be low now but if you know anything about market cycles, you know that it’ll be back. Here is a good comparison of BTC a few years ago as opposed to now. It’s almost at the point where it’s irresponsible not to be buying bitcoin, and I’m not the only one that holds this opinion. Worst case scenario, bitcoin falls to USD 3k. What do you think is going to happen after that? Bitcoin and crypto aren’t going anywhere and you’re kidding yourself if you think that the value of bitcoin isn’t going to be much higher in the years to come.
Of course the RBA is telling people that Bitcoin is dead, probably because they don’t want Australians to dump their soon to be worthless fiat currency. In fact one any given day you’ll see a bunch of anti-crypto propaganda on our MSM. The same MSM that has been telling us all to buy as many houses as we can for the last 20 years. The same MSM that up until now hasn’t said shit about the direction our economy is heading in.
The writing’s on the wall people. If we keep our wealth in AUD it’s going to be worth considerably less sooner rather than later. Our property sector is going to crash, our dollar is going to crash, our personal wealth is going to be stripped away from us. If you want to avoid this, if you want to protect your wealth, ensure a future that isn’t financial hardship, then we really only have one choice. Buy bitcoin. Personally I am converting half my pay each week into BTC and just holding it. Not putting it into alts. Just btc. I’d advise you do the same as well. I understand that this sounds super risky. But if you read the articles I’ve linked to in this post I’m sure you’ll see that the only risky move is doing nothing. This isn’t a joke or a false alarm. The notion that our economy has always been fine up until now isn’t valid anymore. If you want to protect your personal wealth and purchasing power in the next few years, you really should be buying as much btc as you can while it is this low. This is what crypto is for, avoiding the negative financial downturns of specific countries. It’s a globally traded commodity that is accessible by anyone with a computer. Our economy tanking isn’t going to affect the price one bit.
I hope some of this has been useful. Listen to me, don’t listen to me, it’s your choice. But this is the digital age, there’s no excuse for ignorance anymore.
submitted by Sendmyabar to CryptoCurrency [link] [comments]

AMA - Community Edition

Updated:
11) $5m buyback
12) Release of yp part 3?
13) It is allegedly possible that ICX supply can be doubled in only 4 years thanks to a whopping 20% annual token inflation
14) One of the things that got me excited about crypto was that there was no inflation. I'm a bit disappointed in Icons approach here.
15) Where is the DEX?
16) How far are we from interoperability? Am I correct in saying that interoperability is years from completion?
I'll be answering all questions to the best of my knowledge, this list will update regularly.
1) Clear description how icx will go up by benefiting from the line partnership. -> 2 or 3 practical examples.
Don't forget Unchain is a joint venture, so Unchain is ICON's company as well, their success is directly beneficial to ICON. In a recent interview w Brad, Henry also shed some light regarding this JV and that it is way beyond a simple partnership agreement https://youtu.be/paFYyt1hVWc?t=155
2) Clear description how icx will go up by building private blockchains and connecting them. -> 2 or 3 practical examples.
I answered this to someone on telegram a couple days ago. Here's my example,
"So I asked what's the use for icx with private chains. They have no reason to connect to the public chain and they have no reason to tokenzie their business."
The missing link is interoperability. The private chains need a way to communicate w each other, this is actually how the ICON project was conceived. ICONLOOP(loopchain then) offered blockchain solutions to enterprises and consortiums, but they had no way to interoperate
So I think the argument originated from, if the design paradigm is emergent for private chains to go public, or interoperate through a public chain as a common block
We've heard about those use cases and see actual implementations from U-coin vending machines to hospitals making insurance claims etc
I agree in some cases it doesn't make sense for private chains to go public, if its designing a problem to solve, lets not do that
but i'd say, a random guess, that 90%+ of the private chains have a reason to connect, much like intranet/internet
Let me try another example, we've heard the hospital/insurance too many times
Let's say there's a trade financing supply system of a large manufacturer w thousands of vendors
before their enrollment, you'll probably need to do some identity and reputation check in the public chain (common services like ID validation should readily be available as a public service, like chainID)
that will validate their legitimacy.. then next step is prolly for the vendors who need the trade financing where they need a more complex system like a stable coin to avoid volatility.. and move the money around
instead of rebuilding a coin, they could adopt a coin system within the ICON network
then what happens next.. i guess disputes w goods lost or quality problems.. again, vendors can call for a public arbitration system where there'll be a network of lawyers who specialize in cross-border disputes or arbiters to provide the service
so we need a chain of services that can be called throughout the life cycle, interoperable between private and public chains
there are plenty more use cases, but its not a hard choice to make, its definitely possible to have a common meeting point while maintaining sensitive information within their local blockchain
In the example above, nothing is tokenized, their businesses are on the private blockchain without a native coin, but they use the common services from the public like stable coins or arbitration system
3) Monthly or quartal reports on partnerships, marketing, and the tech.
You mean something like this? https://medium.com/helloiconworld/icon-3q-achievements-8c42ea798a0b
4) Opinion why korean people dont bring icx volume on korean exchanges.
I don't think even president Moon has an answer to this :P But are people really this patriotic when it comes to money? Do Americans invest in American ICOs for being made in USA? I guess some will, but this is not (and shouldn't be) the main driving force of token demand.
5) Clarification what kind of understanding we should have about this 124 teampower - are they employees with 40 hours/week working contracts or just 2 hours, cooperations partners, freelancer, what ever.
I paid a visit to the KR office a couple months back, it was like a giant coding factory running full steam. I can attest to this, they're full time employees working around the clock.
6) Roadmap - stop giving yourself room for delays and interpretations by not offering a roadmap.
My suggestion on this one is to have a % completion roadmap with change logs. I think most people are more interested in progress, less deadlines.
7) Quarterly AMAs.
Sounds good.
8) Why the hell are ICON members still advisors at Sentinel Protocol, a ICO that promoted itself using icon as blockchain and then moving to EOS.
As far as I can tell, the two teams are still in good relationships. Timing was unfortunate, SP always had their first product (uppward) scheduled to launch shortly after their fundraising. Public presale also ended a lot faster than expected (scheduled to run for a week, ended in 3 minutes). During the period ICON was migrating to mainnet V3 and doing token swap. It made sense for them to deploy on a working platform, without compromising their schedule. Their team also said that they haven't ruled out the possibility to migrate back to ICON (although I think its less likely this day).
9) Spend some money on an english translation expert for you social media appearance.
The translations (YouTube subtitles) were a bit sloppy I agree, understandable enough but they should definitely spend more time proof reading, professional presentation is a thing.
10) How much from the received ICO money/ether has been provided directly or indirectly to iconloop.
The raised ETH from ICO are barely spent, you can check on etherscan from the contribution address.
11) $5m buyback
From the key announcement by ICON foundation’s CFO Jay, the repurchase program is a pending legal matter, after consultation with law firms they’ll proceed with the buyback. https://youtu.be/keDitkWssv8?t=160
The team stated two main intentions for conducting this program,
If you read between the lines from the buyback announcement https://medium.com/helloiconworld/key-announcements-from-icon-8ea0f5a18d6f
Repurchases under the foundation’s program will be made in open market or privately negotiated transactions subject to market conditions, applicable legal requirements, and other relevant factors.
What this is saying is that, the buyback has no intention to create short term pumps, otherwise all purchases would’ve been made in the open market under a timed schedule. What this also implies is that, there won’t be a public wallet with an open schedule, to avoid legal obligations (insider trading) or unintended purposes (manipulation).
So what is to be expected? Giving a deadline won't make sense because everything can be timed, so my take is that an announcement will be made after the repurchase has been completed. I don't think anyone can take advantage of this program but will still benefit directly with $5M worth of tokens off the market supply.
12) Release of yp part 3?
This is expectedly a highly anticipated yellow paper, as it will likely outline all the details we need to know about staking. This YP however is not just a simple table with your annual returns, this is also technically far more complex than the previous two YPs.
I provided a very simplified explanation for IISS in this thread: https://twitter.com/2infiniti/status/1020141186797846529
IISS is however a lot more complicated than this, it is a full AI based incentive scoring system to explore the optimal incentive scheme to vitalize the ecosystem. On top of incentives, it is also the base metrics for governance policies (voting). Incentives are designed with token economic studies, to reinforce target behavior, based on operant conditioning principles, eg. dormant accounts, distribution schemes based on activity levels, penalties for malicious nodes etc, and it is very difficult to get right.
If you look into the WP, IISS further explored with things like mitigation of inequalities, weighted average and adjustment, efficiency of IISS, fairness of distribution, prevention of misusage and many other topics explored in depth.
The point is, this YP is very complex, and personally I’d wish the team to take as much time as it needs to get it done right. IISS will ultimately decide the overall health of our ecosystem, its sustainability and well, our passive income.
With that said, I am also with you that I’d love to see the details asap, as I have plans to build a tool similar to the Virtual Step Calculator where people can easily calculate their returns. From the announcement at least, it does look like the team is close to completion and labeled the release "soon", so let's just have a little patience and let them do all the necessary last checks.
Also as a reality check, YPs are researches that need to be formalized, implemented and iterated enough times before an official release. So please don’t expect to start staking right away when YP pt3 sees the light.
13) It is allegedly possible that ICX supply can be doubled in only 4 years thanks to a whopping 20% annual token inflation
Please go to this thread for my explanation: https://twitter.com/2infiniti/status/1060397068852748288
14) One of the things that got me excited about crypto was that there was no inflation. I'm a bit disappointed in Icons approach here.
Most crypto token issuance models can be broken down into these 3 categories
All of the above models can work in their own ways, depending on the behavior its trying to incentivize. Sustainable crypto economies are backed by a recursive loop of value transfer that all participants are incentivized to participate in. The goal is to create an incentive loop that all parties act in their own self-interest, then creating greater value.
Let’s take a look at bitcoin’s incentive loop, a simple model where mining is profitable, more miners create more security and security adds intrinsic value.
Mine bitcoin -> market dynamics decide value -> incentive to mine -> security of network increases -> more incentive to mine ←|
Augur’s case
Trusted prediction platform -> more stakes in events -> more incentive for REP holders to verify truth -> more people verifying, more trusted ←|
In ICON’s case, incentives are centered around i_score, which is a function of activities within the network. The incentive loop would look something like this
I_score rewards and governance control (votes) -> more incentive to participate in activities and governance policies -> increased network security and activity ←|
Similar incentive loop found in SCORE
SCORE staking (virtual steps) -> increased activities -> sustainable SCOREs ←|
Now for continuous issuance models, the goals are no different from other models. They want to issue tokens, just enough that it is optimal for maintaining security and encourage participations, creating a healthy incentive loop.
But can’t these models infinitely issue to a point where my money is worth next to nothing?
Yes, this is in theory possible. For Ethereum, with majority of network miners approving such change (say removing ice age), and a new Ethereum client to accommodate this change, resulting in an issuance similar to a 51% attack. Since issued ETH is also linked to the value of a single token, this will render ETH much less valuable. In practice, this is extremely unlikely to happen, as miners are financially discouraged by doing so, since they have much more to lose, just part of the game theory.
ICON’s issuance is a system implementation which depends on activities happening in the network. There are also preventive measures such as issuance upper bound and representative mitigations. I explained issuance model in full in this thread: https://twitter.com/2infiniti/status/1060397068852748288
15) Where is the DEX?
For this one hear the explanation directly from Min: https://youtu.be/tk2tZpnrI0o?t=1662
16) How far are we from interoperability? Am I correct in saying that interoperability is years from completion?
Not entirely. Interoperability will likely take a few phases to roll out, what we should be anticipating for right now is BTP (Blockchain TransfeTransmission Protocol) specification.
What is exactly is BTP?
From the abstract level, BTP creates a mechanism by which two channels may pass messages to each other. BTP assumes that multiple channels (eg. private blockchains from ICONLOOP) running on the ICON network under their own state and logic, at the same time connecting to the base channel for consensus mechanism. This is the simplest form of interoperability.
Down the road we should expect more and more advanced versions, handling threat models, connection lifecycles, asynchronous requests, and all sorts of optimization and so forth. This is enabling interoperability between blockchains one phase at a time, gradually reaching the end game of hyperconnecting the world.
So how long is this going to take?
I do not know. But the purpose of this reply is to explain that interoperability is not an on-off switch, but will likely take many phases to roll out.
submitted by msg2infiniti to helloicon [link] [comments]

Will NANO be too little too late - or is it just what it needs to be.

This is not FUD before I start, just something that has been going through my mind as someone who has been invested since the days of RaiBlocks, and believed in NANO enough to passed a fair amount of purchasing time on BitGrail (fortunately without loss) and is in no way angry about the current state of the market. So ...profits and price aside, I want to talk about the actual adoption of NANO.
In the early stages of the 2017 rush the concept of black-lattice and instant fee-less transactions was such a strong selling point for a coin at a time when both the Bitcoin and Ethereum networks were starting to lag, pre-lightning and with so many coins and so many promises, what we were being given by the NANO team was strong, and regardless of technical hiccups with exchange wallets and the BG fiasco, it was easy to look past that and see the strengths of the company.
The problem is, that as we start to look at the longevity of projects in 2018 and double down on strong investments with a future and discard those that we feel may not make it through the next few years, I ask myself if NANO will offer something that other coins will not.
"It's instant and fee-less" we shout ay any doubters, ...so let's just look at those two points a moment.
INSTANT - How important is Instant. I deposited NANO on Binance the other day and it took ages to show up like 3 hours of ages. This is not the fault of NANO, this is the way Binance receives the funds in a pool then separates them out ...well, that is what I gathered by following the trail ...did I care, no, took 3 hours.
Paying with my Visa card is Instant ...still takes 3 days for the funds to actually show as having left my account ...hasn't stopped mass adoption, why? Simple, the merchant is 'guaranteed payment within 10 seconds and that is all you need.
You see, a BTC transaction may as we know take from 10-30 mins on a good day, but that does not stop it being the most popular "accepted here" coin, why? because it is the one owned by the greater majority ...AND most importantly, the moment you send that transaction the receiver knows that although it might take 30 mins to arrive in their wallet, it is on it's way, the funds were there to be sent and not you or anyone else (with the exception of a cataclysmic solar flare scenario) can stop it.
So is INSTANT that important ...it is cool, ..3o minutes is not, but a coin that can do it in 5 seconds (Stellar Lumens) or anything under a minute (insert your favourite coin here) covers those bases.
FEE-LESS - Ok, when looking at BTC fees, or the annoyance of GWEI, GAS or any other coin that might mean upon trying to make a transaction you are told you cannot because you do not have enough of the asset required to perform the action ...this is not something that will score many points in the global currency race ...but are we really convinced that NANO is the only coin to be able to achieve this. IOTA of course already does and whilst it is not marketing itself in any way along these lines, I do not doubt others will come along (a high chance they may even be forks of NANO) that do all that NANO offers and a lot more. As users, do we really care so much if an awesome and all powerful coin, eco-system or network comes along that again like Stellar (not a shill, just a continual useful example) has a very small nominal fee that you really don't feel ...will NANO continue to be alone in this space.
Where that leaves me is that last week I sold a huge chunk of my NANO holdings for one specific purpose, to watch the market drop and buy back in and increase my holdings ...my instinct was correct, and although I feel I could wait even longer for greater gains, I have surpassed by 10-15% marker, and now at over 20% gains common sense overrules greed and it is time to get back ....but as I am about to do so, ...I question for the first time as we sail through Q3 2018, if by Q3 2019 (when I personally think price and adoption will start to move significantly forwards again) if we at NANO will be offering enough unique selling points to the market to ride that wave.
I watched an advert for Crypterium today (not linking to it because I can save you the time - another promise if instant sending of crypto to friends even who have no wallet - but the experienced can see through it in an instant for what it is - DYOR) ...and whilst I cringed, I also knew deep down that it will be offerings like this (albeit with better marketing departments) which will make Average Joe take the plunge ....and will he care about how the NANO boys weathered FUD, BG, the market of 2018, were the first to be fee-less ..etc. etc. ...of course not, he will not give a sh*t.
So ...my faithful fellow NANites ...do not do what the people at REQ did earlier in the year when I made a similar post to discuss the future of their coin (they told me if I didn't like it I could p*ss off because I was wrong and knew nothing and probably got burned - I hadn't, I did sell however and took profits, and have resisted the temptation to go back and say hi recently) - instead tell me why you think we have a fighting chance over the next couple of years or DISCUSS (courteously and with respect of the opinions of others please) if these thoughts I express had not also crossed your minds.
submitted by mogmachine to nanocurrency [link] [comments]

TeleCoin Abount - Vision

TeleCoin Abount - Vision
TeleCoin has been developed to improve the security and privacy of transfers and transactions in a globalized fast paced world with greater digital risks. Whilst providing a long-term energy-efficient crypto-currency to the market. As the world delves further into the digital virtual reality, taking everything we care about and that is personal into this space. Technologies and protocols need to be developed to protect the privacy and the integrity of our data. The risks in a digital society stem from the excessive amount of personal data attached to the traditional, centralized, third-party verification cycle most transactions today, subscribe to.
The adoption of blockchain technology and digital tokens are our passion and driving force for growth. We believe the benefits of decentralized protocols have led to a more informed and empowered subscriber. Whether or not you believe bitcoin or altcoins are a currency, isn’t the fundamental question or problem, because what is clear, is that the blockchain has become the favoured medium to exchange value, automate organisations and affect most high technology industries.
By 2025 it is estimated that over 65% of banks globally will use blockchain technology at the core of their business activity and interbank activity. This is a clear sign that blockchain technology is here to stay and will continue to integrate across various sectors and industry’s indefinitely. Companies like JPMorgan have already filed for blockchain patents on interbank settlements. Our sentiment is that over the next 5-7 years banks will increase their use of blockchain technologies.

https://preview.redd.it/rqbbjicdg8e31.png?width=450&format=png&auto=webp&s=1bf849f38f85fa8293dfc0276ee4cedbf3832402
The Trend-Setter platform is a micro-transaction affiliate network reward platform targeted for businesses and individuals that utilizes TeleCoin as the incentive for organic referrals.
Targeted campaigns for: • Games (milestone achievements, purchases) • Subscriptions (new and referrals) • Trials (online services, products) • Questionnaires • Downloads (Games, Demos, Software) • Content (news, posts, blogs) • Micro-transactions • Internet Deals • YouTube (likes and views) • Facebook (share and like) • Twitter (retweets, likes and follow)
Sectors we are looking to affect: • Gaming • Advertising and Marketing • Retail • Betting • Social Media • Digital Content
Available for IEO
TeleCoin is being released to the general public to strengthen and diversify the community and build an even bigger base of decentralized spartans that believe in the project we have undertaken. In cryptocurrencies and blockchain, you are only as good as the community that supports your project. We subscribe to this philosophy and feel it goes hand in hand with the sustenance and health of any blockchain network. In the spirit of transparency to the community all the BTC received for TeleCoin will be used for the following project activity: How much the TeleCoin project is looking to raise: $15,000,000
https://preview.redd.it/j2fg9vrzf8e31.jpg?width=450&format=pjpg&auto=webp&s=5e0e8ab3eac522bd080856ebe8f468d10f893daf
Technical Specification
• Name: Tele (TELE) • Type: MasterNode blockchain project Algorithm: Quark (used for PoW only) • Target block time: 60 second block time • Proof: PoS and MN Stake rewards • MasterNode Reward: 60 % of block • Duration: PoW Mining Ends at Block 1000, • Maturity: 100 blocks passed Minimum PoS stake age: 8 hours min coin stake age • Pre-mine: 15500000 Block 1 - 500 (Each block worth 31000 TELE – This will split up the Pre-mine into smaller TX to help with PoS later on) • Reward Per Block Mined: 0.8409 • SwiftTX (Zero Confirmation Transactions) • Obsfucation (CoinMixing Technology) • Built in Block Explorer

https://preview.redd.it/9j5d4335g8e31.jpg?width=452&format=pjpg&auto=webp&s=0d68cc6d8ca99507935c1633e858e929d418e3e1
Web site : https://www.telecoin.info/ Twitter : https://twitter.com/telecoincrypto Facebook : https://www.facebook.com/Telecoininfo/ Linkedin : https://www.linkedin.com/company/telecoin/ Telegram : https://t.me/TelePlatform instagram : https://www.instagram.com/telecoinofficial/ Whitepaper : https://www.telecoin.info/wp-content/uploads/2018/11/Telecoin_Whitepaper.pdf Bounty0x Username : nefsim
submitted by hayrimavi1 to ico [link] [comments]

Kinit Review

few things to note.....
  1. I used it for roughly 3 weeks
  2. I used it on a tablet
  3. I answered everything truthfully at the beginning (when they ask things about you)
That being said lets get into it. First I did Kinit every single day for 21 days. I would get between 2 points and 65 points in a given day, I wasn't given anything extra by anyone, no dev took me out to dinner or lunch, etc etc etc. I was given 88 points to start and my first "survey" was for 2 points. Lets start off with the good things....the surveys are stupid simple, you can't get disqualified for anything at least I think so? I don't know but I never had a problem. Cashing out (got a $5 amazon card) was insanely easy, 0 issues. The app is sleek, easy ui, no crazy ads, its fairly straight forward. Honestly that is where the good kinda ends for me.
The bad......
The surveys while being easy, make nearly 0 sense. They ask for my age/gender at the beginning then give me surveys about which dress I like better and which hairdo I'd prefer? I'd prefer whatever hairdo sports my somewhat balding head which is 0. Most of the pick A or B are pretty useless, Do you prefer a girl who is all doll'd up ready to hit the town or a girl who is looking all cozy on the couch by a fire. The surveys while easy are pretty pointless and I can't imagine getting any solid data off those. Next, you can bang out everything you need to do in kinit that day in like 5 minutes if you just keep hitting the screen, there is no gotcha questions there is literally nothing. You can hit A on every single question and nothing will change. You will get your points and get surveys tomorrow and the next day etc.
Now onto the better stuff, I wasn't exactly convinced of the hype (frankly I'm still not) so I did some research and snooping around about this "totally awesome amazing cryptocurrency that is going to take over the world" (that nobody has heard of and isn't backed by anyone but a single company). My first thread I stumbled onto -> https://image.ibb.co/dRNctz/Screenshot_2018_7_21_What_have_you_bought_with_cryptocurrency_today_I_ve_been_buying_Amazon_GC_s_with_KIN_Soon_to_be_most_u.png
So you see all these points exchanged for gift cards and a pretty hefty kin balance. Without much details about the picture. Until OP opens their mouth in the comments and says "each survey gets me 2,500 kin" Hold up! 2,500 kin is more then you can make in a month easily (probably close to 3-4 months of every day work) so its in beta he is testing it ok I get it but it is pretty deceiving to post a picture like that with no background story no info just boom look what I can get with my cryptocurrency. That is dandy! and let me say, if I was getting 2,500 kin every survey I was doing. You'd bet your sweet ass I'd have a lot of giftcard changes. Anyways, enough of that, onto the next picture...https://image.ibb.co/dJRCtz/Screenshot_2018_7_21_KINIT_wallet_Security_issues_r_Kin_Foundation.png
Now we're talking! Reading that thread was extremely disappointing. Even the basic security like a pin is overlooked. If you are chasing the under 25 yr olds you need better security or hell ANYTHING! Enough about that, onto the next image....https://image.ibb.co/k2K0wK/Screenshot_2018_7_21_A_Nice_Review_From_Yesterday_by_Kubera_18_000_You_Tube_Subscribers_r_Kin_Foundation.png
Title says it all, a nice review. except when you watch the youtube video, it isn't nice at all lol, they actually are pretty harsh about KIN. This next is almost my favorite -> https://image.ibb.co/hrN3GK/Screenshot_2018_7_21_Dunkin_Donuts_Confirmed_as_Another_Earn_Partner_for_Kin_r_Kin_Foundation.png
HEAR ALL ABOUT IT! Dunkin Donuts is confirmed as an Earn Partner! Wait a second! No they aren't! it is a simple dunkin donuts survey. Swagbucks can run a survey about Teslas does it mean that Tesla has partnered with swagbucks? Course not! HYPE TRAIN MAN!!! And now my absolutely favorite...https://image.ibb.co/i00hbK/Screenshot_2018_7_21_Need_your_HELP_Kin_FAM_Help_spread_the_word_r_Kin_Foundation.png
I found this gem buried in days of hyped posts. Don't get me wrong, I'm all for spreading the word about stuff I'm passionate about. A few things definitely stand out with this....
  1. Someone has an extremely valid statement "People think KIN is sketchy" the responses are amazing! You aren't going to get much backing by calling people retards and cryptards. Call us what you want but you come in here posting your bullshit with "proof" that is vastly different then what the app shows now is pretty stupid.
  2. Spamming any subreddit is a sure fire way to get nobody onboard. If you posted something like "hey I use this app called (insert app name here) its for blah blah and blah blah. It is pretty passive with some of the following tasks (task 1) , (task 2) , (task 3)" . And I'm telling you now, saying shit like "oh man you are gonna miss the boat blah blah blah" just makes it even easier to think its a scam. How so?....if everyone kept their Micky Mantle rookie cards, would it be worth that much today? if nobody ever traded in/got rid of/sold their nintendo stuff would it be worth money today? If people purchased bitcoin when it first came out and never got rid of it would it be worth anything? of course not! but you have to realize that is YEARS going by with nothing or lots of ups and downs.
If you want to compare it to a cryptocurrency BTC was worth less than a penny for almost over a year. think about that, let it soak in for a bit. Almost 600 days and it is pretty much worth nothing, heck it would probably cost you more to print out your btc address on paper then what its worth.
Anyways, in closing, is the app worth looking into? of course, tasks are stupid easy, takes less then 5 mins to do your daily tasks. cashing out is instant. I've had 0 issues. Now is it all the hype and glam people shout about? eh no. Don't get me wrong it isn't bad but it isn't exactly the gem people are looking for. Cryptocurrency is still an up and down market. everyone is hopping on the train in hops it skyrockets and they can sell sell sell.
submitted by FlippinWaffles to beermoney [link] [comments]

A collection of evidence regarding Bitcoin's problem and takeover (January 2018)

REPOSTED FOR MORE VISIBILITY, EDITED A FEW MISTAKES AND INCLUDED NO.1-39 also.*
On November 22th I posted this
On December 27th I posted [this](https://np.reddit.com/btc/comments/7mg4tm/updated_dec_2017_a_collection_of_evidence/
I have added a lot more links now, please give feedback on what else I could add for next time I will add (few weeks/month).
1 The history between btc and bitcoin
Archive link
yours.org link
2 A brief and incomplete history of censorship in /Bitcoin
Archive link
3 User posts on bitcoin about 6900 BTC that theymos stole, post gets removed.
Archive link
4 Go to /noncensored_bitcoin to see posts that have been censored in /bitcoin
5 Theymos caught red-handed - why he censors all the forums he controls, including /bitcoin
Archive link
6 User gets banned from /bitcoin for saying "A $5 fee to send $100 is absolutely ridiculous"
Archive link
7 Greg Maxwell caught using sockpuppets
Archive link
8 Wikipedia Admins: "[Gregory Maxwell of Blockstream Core] is a very dangerous individual" "has for some time been behaving very oddly and aggressively"
Archive link
9 Remember how lightening network was promised to be ready by summer 2016? https://coinjournal.net/lightning-network-should-be-ready-this-summe
Archive link
10 rBitcoin moderator confesses and comes clean that Blockstream is only trying to make a profit by exploiting Bitcoin and pushing users off chain onto sidechains
Archive link
11 "Blockstream plans to sell side chains to enterprises, charging a fixed monthly fee, taking transaction fees and even selling hardware" source- Adam Back Blockstream CEO
Archive link
Twitter proof
Twitter Archive link
12 September 2017 stats post of bitcoin censorship
Archive link
13 Evidence that the mods of /Bitcoin may have been involved with the hacking and vote manipulation "attack" on /Bitcoin.
Archive link
14 bitcoin mods removed top post: "The rich don't need Bitcoin. The poor do"
Archive link
15 In January 2017, someone paid 0.23 cents for 1 transaction. As of December 2017, fees have peaked $40.
16 Told to kill yourself by Bitcoin for cashing out
17 Bitcoin is a captured system
18 Bot attack against bitcoin was allegedly perpetrated by its own moderator and Blockstream’s Greg Maxwell
19 Remember: Bitcoin Cash is solving a problem Core has failed to solve for 6 years. It is urgently needed as a technical solution, and has nothing to do with "Roger" or "Jihan".
20 Bitcoin Cash has got nothing new.
21 How the Bilderberg Group, the Federal Reserve central bank, and MasterCard took over Bitcoin BTC
More evidence
22 Even Core developers used to support 8-100MB blocks before they work for the Bankers
Proof
23 /Bitcoin loves to call Bitcoin Cash "ChinaCoin", but do they realize that over 70% of BTC hashrate comes from China?
24 /bitcoin for years: No altcoin discussion, have a ban! /bitcoin now: use Litecoin if you actually need to transact!
25 First, they said they want BCH on coinbase so they could dump it. Now they are crying about it because it's pumping.
26 Luke-Jr thinks reducing the blocksize will reduce the fees..
27 Core: Bitcoin isn't for the poor. Bitcoin Cash: we'll take them. Our fees are less than a cent. Core: BCash must die!
28 How The Banks Bought Bitcoin. The Lightning Network
29 Big Blocks Can Scale, But Will It Centralize Bitcoin?
30 "Fees will drop when everyone uses Lightning Networks" is the new "Fees will drop when SegWit is activated"
31 Adam Back let it slip he hires full-time teams of social media shills/trolls
32 The bitcoin civil war is not about block size; it's about freedom vs. authoritarianism
33 Why BCH is the real Bitcoin
34 We don't need larger blocks, since lightning will come someday™, the same way we don't need cars or planes since teleporters will come someday™
35 We don't need larger blocks, since lightning will come someday™, the same way we don't need cars or planes since teleporters will come someday™
36 Facts about Adam Back (Bitcoin/Blockstream CEO) you heard it right, he himself thinks he is in charge of Bitcoin.
37 A explaination why Core's vision is different from the real Bitcoin vision
38 The dangerously shifted incentives of SegWit
39 Lighting Network was supposed to be released in 2016
40 You can now store a year's worth of continuously full 8MB blocks for the cost of a single BTC transaction
41 They say we are trying to Kill Bitcoin. No, we are not. We are trying to save it, and make it usable for everyone, and everything. Not tomorrow. Not 6 months from now, Not 18 Months from now. NOW. That's what's going on Here.
42 Miners that want to pull out daily have to switch to BCH due to the fees
43 At $25 #BTC tx fees, if miners want to withdraw their revenue daily, they require a minimum of $140,000 worth of mining hardware to reduce the tx fee to less than 1% of their outgoings. At a $100 tx fee it requires min $560,000. Which is the centralising coin again?
44 Core developer : Bitcoin fees too high? You have invested in early tech! Have faith. Give us time.
45 A redditor even predicted the /bitcoin front page
46 Elizabeth Stark of Lightning Labs admits that a hostile actor can steal funds in LN unless you broadcast a transaction on-chain with a cryptographic proof that recovers the funds. This means LN won't work without a block size limit increase. @8min17s
47 /bitcoin is in uproar about Coinbase not implementing Segwit -> mempool mooning is single handedly Coinbase' fault. So all it takes to bring bitcoin to its knees is a single corporate entity not implementing segwit? Me thinks its not Coinbase there's something wrong with.
48 /bitcoin for years: No altcoin discussion, have a ban! /bitcoin now: use Litecoin if you actually need to transact!
49 $BCH has been attacked in every way possible since it's creation. Exchanges listing it with deceiving names and abbreviations; being dumped by bitcoin holders for over 6 months; and it still managed to close every month positively, while adding numerous new wallet/exchange pairs
50 theymos claims that the whitepaper is a historical artifact not worthy of being on the sidebar of bitcoin
51 Even a Bitcoin conference can't use Bitcoin because of it's high fees
52 185% Growth in Active Addresses for BCH in 1 month, 125% for ETH, -5% for BTC
53 Shapeshift: "Sub-$100 fees unadvisable on BTC." Core supporters: "Implement Segwit already!" Shapeshift: "We did. We're the biggest user of Segwit."
54 How btc and Bitcoin see each other
55 Man who vandalized Bitmain's office hired by Blockstream
56 Bitcoin Cash vs Bitcoin Core compared. Just the facts
57 It was obvious from the very beginning that #Bitcoin transactions were meant to be as cheap as possible. Bitcoin Core has destroyed Bitcoin's usefulness as money by creating a system where $30 fees are celebrated. - @Bitcoin
58 User explains why Core's vision is not the real Bitcoin vision
59 Fake Tweet from the president bashes BCH on /bitcoin front page. Calling it exactly what it is will get you banned.
60 A public appeal to Michael Marquardt the original Theymos.
61 Now they are angry at the CEO of Coinbase for supporting BCH. It's like you are not allowed to have your own opinion without getting attacked.
62 bitcoin user says Bitcoin should not be used as a cryptocurrency
63 The five stages of grief, transaction fees
64 A brief history of the attempted takeover of Bitcoin by BlockstreamCore/The legacy banking systems/The Powers That Be
65 Warning! Theymos admitted he 'misled millions of people' yet he wanna 'leave the text as it is' to mislead more people!
66 "Wait. What? My private keys need to be on an internet-connected computer in order to use Lightning Network?"
67 a year ago Adam Back accused u/Jacktenz of exaggerated claims about fees. The truth is the claims were understated!
68 Roger Ver was not selling explosives, he was selling firecrackers.
69 Core devs pop champaigne, and openly celebrate high fees. Now core supporters blame coinbase for high fees?
70 Now that we've had a few 8MB blocks, let's dispel this centralisation myth once and for all.
71 Reddit admin sodypop on censorship in /Bitcoin: "We generally allow moderators to run their communities how they like as long as they are within our site-wide rules and moderator guidelines." Blatant censorship, hacking, vote manipulation, and brigading are "within [Reddit's] site-wide rules".
72 Another obvious sockpuppet account being used to push Blockstream's agenda.
73 Totally organic grassroots support for the #NO2X "movement." Definitely not a purchased sockpuppet account, you guys.
74 Charlie Lee [Litecoin creator]: "I have sold and donated all my LTC [...] Litecoin has been very good for me financially, so I am well off enough that I no longer need to tie my financial success to Litecoin’s success"
75 If it’s inaccessible to the poor it’s neither radical nor revolutionary.
76 BSCoretabs shills are vandalizing Wikipedia to smear Roger Ver with false quoting, missparaphrasing and accusations.
77 Introducing dipshit extraordinaire Warren Togami, the link between Theymos and BlockStream
78 Debunking: "Blockstream is 3 or 4 developers out of hundreds of developers at Core" - Tone Vays
79 This blockchain debate is purely political and is not about scaling but about control. X-Post from /bitcoin
80 A profile to look at for more evidence
81 What exactly is Blockstream Core's excuse for causing a year of stagnation in Bitcoin with no end in sight?
82 We have a way to build bank-like services.
83 "There is a reason why things are done in a certain way in the financial system, and Bitcoin will be doing something similar"
84 Some thoughts about the possible Bitcoin Segwit, Bilderberg/AXA/BockStream/Core, In-Q-Tel, CIA connection.
85 Theymos on Bitcoin XT
86 (If this is not allowed mods, please remove this text) I cannot verify this yet, but a source has given me information about theymos. theymos is known as Michael Marquardt, from Wisconsin and is a graduate from the University of Wisconsin as a computer-science student.
submitted by thepaip to btc [link] [comments]

Anonymous Bitcoin ($ANON) Official Bounty Campaign

Official Bounty Campaign

Anonymous Bitcoin (“ANON”) is an advancement of the technology of both the Bitcoin and ZClassic blockchain through a co-fork of both cryptocurrencies. We are introducing differentiating factors deemed important by the community that set us apart from previous forks. Some of these factors include staking through use of masternodes, increased block size and a transparent development process. The Development team will be sharing updates constantly. The fork will provide a 1:1 ratio of Anonymous Bitcoin(“ANON”) to all holders of ZClassic (“ZCL”) and Bitcoin (“BTC”).
We are currently working to be listed on multiple exchanges while introducing a complete package of privacy and long-term utility. Anonymous Bitcoin intends to improve upon the way the crypto community utilizes privacy as well as reinvent the way “no coiners” view crypto. As effective communication is key to mass adoption, our marketing strategy aims to reach those not already involved in the cryptosphere.

Website | Executive Summary | White Paper Fork Date: September 10th, 2018

$ANON

We at Anonymous Bitcoin (“ANON”) are excited to announce that we are launching our Official Bounty Campaign! Our program aims to reward supporters who help raise awareness and spread the message of ANON in the greater crypto community. The campaign focus is centered on high quality content creation and community engagement, with various ways for everyone to contribute.

Bounty Fund:

5,500 ZCL*approx. $55,000 USD as of 6/17/2018

Timing:

10 weeksJune 18th, 2018 — August 26, 2018

Distribution:

1 week within campaign ending

Allocation:

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submitted by theBigKingsman to AnonymousBitcoin [link] [comments]

Putting Bitcoin into Perspective

I have a real world story for you guys that really opened my eyes as to why humanity needs Bitcoin. So a few years ago I was living homeless in the jungle in a third world country. It was always a dream of mine to see if I was capable of living in the wild like that 100% completely on my own.
For one month I lived a mile away from the most secluded town in the country on the beach/jungle. In the beginning it was great until I ran out of food and I had to do everything myself. You’d be surprised how easy modern life is compared to living like this. From sun up to sun down the easiest tasks took hours and I had to always be thinking ahead and planning out my day. From washing my clothes, starting fires, sourcing/storing food, building my shelter after the tent fell apart etc etc. However, I no longer had to worry about bills or being on time for business meetings, but I had a different type of stress in my life.
This went on successfully for awhile, but then I started to get scared considering the noises I would hear at night from predators. By that time, I felt like I had proved to myself that I could survive in the wild if I had to. However, I wasn’t ready to move back into civilization just yet because I was enjoying this new lifestyle (and figured since I was here I would keep it going for a while).
I ended up abandoning my camp and relocating as close as I could to this secluded town. The locals started to take notice of me and decided to reach out which ended up in a friendship. After they observed my process for living day to day they had many opinions and thought I was an idiot for the way I did things. For example, I was climbing palm trees and cutting down the coconuts with a pocket knife, but they suggested cutting down a stick of bamboo and shooting them out of the tree as if they were playing a game of pool. This strategy worked incredibly well and was 10x more efficient! Another example, was when I was collecting beach wood and these wood fibers to start my fires, but they suggested gathering trash to get it started. As toxic as that sounds I was able to start my fires within seconds as opposed to 30+ mins. Then Ironically, we started bartering for things with each other which made my life even that much easier.
Ultimately this level of improvement was applied to all my strategies in living from day to day. It actually became so efficient that I had an immense amount of free time. It was at this point I had an epiphany while relaxing under a palm tree. My entire life I’ve always been a lone wolf and very stubborn not wanting help from others or wanting to be involved in a team (such as sports as a kid). However, when comparing my lifestyle to living alone in the jungle as compared to living among the locals the amount of abundance and prosperity was eye opening.
These thoughts then jumped to other things I’ve noticed. By looking at the most basic needs of life vs living in a complex massive global society there are things we can extrapolate out. What I’m referring to are the efficiencies and abundances we can all share by working together. By going from a lone wolf in the jungle to working as a team with 5 other people I was able to have a 10x increase in my standard of living. I then thought if my group of 5 then interfaced with a group of 50 how much more efficient and abundant we could all live. From there I thought, “Oh my god” now imagine if we all worked together in this manner with millions of people then on top of that include the industrial revolution and then technological revolution. Right now in this exact moment of time based on all these inventions, innovations and massive societies we should have so much abundance it would be ridiculous.
Okay then, why don’t we have that quality of life and abundance/leisure time? Well, you’ll notice when I was working with these 5 other people we were bartering and sharing our knowledge without the use of a third party to exchange our physical and mental energy. We were the sole beneficiaries of this value and because of it lead to a direct impact in our lifestyle. That is the key!
Unfortunately, that is not the system we currently live in. All of these efficiencies in working together as a society and all the inventions and innovations of our ancestors are not being directed towards humanity. This energy/efficiency is being siphoned off through the means of inflation, taxation, third-party financial services, corporations, banks, governments, etc etc. These institutions are in place to steal your physical and mental energy and to rob your grandchildren (and their grandchildren) of their economic prosperity (forcing you into a perpetual state of work/enslavement).
I don’t want to make this too long, but I hope this story puts everything into perspective and stresses the importance as to why the world needs Bitcoin/Cryptocurrencies. We are talking about the future of humanity and whether we live in a free society full of abundance and leisure or a technological dark age/prison. I chose to live in a future where we are the direct beneficiaries of every ounce of our mental and physical energy starting right now and as we move forward.
Please never forget this and what’s at stake.
submitted by dballing1 to Bitcoin [link] [comments]

A collection of evidence regarding Bitcoin's takeover and problems.

REPOSTED THIS FOR MORE VISIBILITY & FEW EDITS
On November 22 I posted this https://np.reddit.com/btc/comments/7eszwk/links_related_to_blockstreams_takeover_of_bitcoin
On December this https://np.reddit.com/btc/comments/7mg4tm/updated_dec_2017_a_collection_of_evidence/
On January this https://np.reddit.com/btc/comments/7qfw2b/a_collection_of_evidence_regarding_bitcoins/
This is March update
I will be removing duplicates and off-topic content. #34 and #74 has been changed. Please give me feed back, and also recommend a new title if you guys have any idea :)
The Bitcoin Whitepaper
PDF
1 The history between btc and bitcoin
Archive link
yours.org link
2 A brief and incomplete history of censorship in /Bitcoin
Archive link
3 User posts on bitcoin about 6900 BTC that theymos stole, post gets removed.
Archive link
4 Go to /noncensored_bitcoin to see posts that have been censored in /bitcoin
5 Theymos caught red-handed - why he censors all the forums he controls, including /bitcoin
Archive link
6 User gets banned from /bitcoin for saying "A $5 fee to send $100 is absolutely ridiculous"
Archive link
7 Greg Maxwell caught using sockpuppets
Archive link
8 [Wikipedia Admins: "[Gregory Maxwell of Blockstream Core] is a very dangerous individual" "has for some time been behaving very oddly and aggressively"](https:// np.reddit.com/btc/comments/74se80/wikipedia_admins_gregory_maxwell_of_blockstream/)
Archive link
9 Remember how lightening network was promised to be ready by summer 2016? https://coinjournal.net/lightning-network-should-be-ready-this-summe
Archive link
10 rBitcoin moderator confesses and comes clean that Blockstream is only trying to make a profit by exploiting Bitcoin and pushing users off chain onto sidechains
Archive link
11 "Blockstream plans to sell side chains to enterprises, charging a fixed monthly fee, taking transaction fees and even selling hardware" source- Adam Back Blockstream CEO
Archive link
Twitter proof
Twitter Archive link
12 September 2017 stats post of bitcoin censorship
Archive link
13 Evidence that the mods of /Bitcoin may have been involved with the hacking and vote manipulation "attack" on /Bitcoin.
Archive link
14 bitcoin mods removed top post: "The rich don't need Bitcoin. The poor do"
Archive link
15 In January 2017, someone paid 0.23 cents for 1 transaction. As of December 2017, fees have peaked $40.
16 Told to kill yourself by Bitcoin for cashing out
17 Bitcoin is a captured system
18 Bot attack against bitcoin was allegedly perpetrated by its own moderator and Blockstream’s Greg Maxwell
19 Remember: Bitcoin Cash is solving a problem Core has failed to solve for 6 years. It is urgently needed as a technical solution, and has nothing to do with "Roger" or "Jihan".
20 Bitcoin Cash has got nothing new.
21 How the Bilderberg Group, the Federal Reserve central bank, and MasterCard took over Bitcoin BTC
More evidence
22 Even Core developers used to support 8-100MB blocks before they work for the Bankers
Proof
23 /Bitcoin loves to call Bitcoin Cash "ChinaCoin", but do they realize that over 70% of BTC hashrate comes from China?
24 /bitcoin for years: No altcoin discussion, have a ban! /bitcoin now: use Litecoin if you actually need to transact!
25 First, they said they want BCH on coinbase so they could dump it. Now they are crying about it because it's pumping.
26 Luke-Jr thinks reducing the blocksize will reduce the fees..
27 Core: Bitcoin isn't for the poor. Bitcoin Cash: we'll take them. Our fees are less than a cent. Core: BCash must die!
28 How The Banks Bought Bitcoin. The Lightning Network
29 Big Blocks Can Scale, But Will It Centralize Bitcoin?
30 "Fees will drop when everyone uses Lightning Networks" is the new "Fees will drop when SegWit is activated"
31 Adam Back let it slip he hires full-time teams of social media shills/trolls
32 The bitcoin civil war is not about block size; it's about freedom vs. authoritarianism
33 Why BCH is the real Bitcoin
34 Segwit does not block ASICBoost. SlushPool supports it.
35 We don't need larger blocks, since lightning will come someday™, the same way we don't need cars or planes since teleporters will come someday™
36 Facts about Adam Back (Bitcoin/Blockstream CEO) you heard it right, he himself thinks he is in charge of Bitcoin.
37 A explaination why Core's vision is different from the real Bitcoin vision
38 The dangerously shifted incentives of SegWit
39 Lighting Network was supposed to be released in 2016
40 You can now store a year's worth of continuously full 8MB blocks for the cost of a single BTC transaction
41 They say we are trying to Kill Bitcoin. No, we are not. We are trying to save it, and make it usable for everyone, and everything. Not tomorrow. Not 6 months from now, Not 18 Months from now. NOW. That's what's going on Here.
42 Miners that want to pull out daily have to switch to BCH due to the fees
43 At $25 #BTC tx fees, if miners want to withdraw their revenue daily, they require a minimum of $140,000 worth of mining hardware to reduce the tx fee to less than 1% of their outgoings. At a $100 tx fee it requires min $560,000. Which is the centralising coin again?
44 Core developer : Bitcoin fees too high? You have invested in early tech! Have faith. Give us time.
45 A redditor even predicted the /bitcoin front page
46 Elizabeth Stark of Lightning Labs admits that a hostile actor can steal funds in LN unless you broadcast a transaction on-chain with a cryptographic proof that recovers the funds. This means LN won't work without a block size limit increase. @8min17s
47 /bitcoin is in uproar about Coinbase not implementing Segwit -> mempool mooning is single handedly Coinbase' fault. So all it takes to bring bitcoin to its knees is a single corporate entity not implementing segwit? Me thinks its not Coinbase there's something wrong with.
48 /bitcoin for years: No altcoin discussion, have a ban! /bitcoin now: use Litecoin if you actually need to transact!
49 $BCH has been attacked in every way possible since it's creation. Exchanges listing it with deceiving names and abbreviations; being dumped by bitcoin holders for over 6 months; and it still managed to close every month positively, while adding numerous new wallet/exchange pairs
50 theymos claims that the whitepaper is a historical artifact not worthy of being on the sidebar of bitcoin
51 Even a Bitcoin conference can't use Bitcoin because of it's high fees
52 185% Growth in Active Addresses for BCH in 1 month, 125% for ETH, -5% for BTC
53 Shapeshift: "Sub-$100 fees unadvisable on BTC." Core supporters: "Implement Segwit already!" Shapeshift: "We did. We're the biggest user of Segwit."
54 How btc and Bitcoin see each other
55 Man who vandalized Bitmain's office hired by Blockstream
56 Bitcoin Cash vs Bitcoin Core compared. Just the facts
57 It was obvious from the very beginning that #Bitcoin transactions were meant to be as cheap as possible. Bitcoin Core has destroyed Bitcoin's usefulness as money by creating a system where $30 fees are celebrated. - @Bitcoin
58 User explains why Core's vision is not the real Bitcoin vision
59 Fake Tweet from the president bashes BCH on /bitcoin front page. Calling it exactly what it is will get you banned.
60 A public appeal to Michael Marquardt the original Theymos.
61 Now they are angry at the CEO of Coinbase for supporting BCH. It's like you are not allowed to have your own opinion without getting attacked.
62 bitcoin user says Bitcoin should not be used as a cryptocurrency
63 The five stages of grief, transaction fees
64 A brief history of the attempted takeover of Bitcoin by BlockstreamCore/The legacy banking systems/The Powers That Be
65 Warning! Theymos admitted he 'misled millions of people' yet he wanna 'leave the text as it is' to mislead more people!
66 "Wait. What? My private keys need to be on an internet-connected computer in order to use Lightning Network?"
67 a year ago Adam Back accused u/Jacktenz of exaggerated claims about fees. The truth is the claims were understated!
68 Roger Ver was not selling explosives, he was selling firecrackers.
69 Core devs pop champaigne, and openly celebrate high fees. Now core supporters blame coinbase for high fees?
70 Now that we've had a few 8MB blocks, let's dispel this centralisation myth once and for all.
71 Reddit admin sodypop on censorship in /Bitcoin: "We generally allow moderators to run their communities how they like as long as they are within our site-wide rules and moderator guidelines." Blatant censorship, hacking, vote manipulation, and brigading are "within [Reddit's] site-wide rules".
72 Another obvious sockpuppet account being used to push Blockstream's agenda.
73 Totally organic grassroots support for the #NO2X "movement." Definitely not a purchased sockpuppet account, you guys.
74 Why Bitcoin Cash
75 If it’s inaccessible to the poor it’s neither radical nor revolutionary.
76 BSCoretabs shills are vandalizing Wikipedia to smear Roger Ver with false quoting, missparaphrasing and accusations.
77 Introducing dipshit extraordinaire Warren Togami, the link between Theymos and BlockStream
78 Debunking: "Blockstream is 3 or 4 developers out of hundreds of developers at Core" - Tone Vays
79 This blockchain debate is purely political and is not about scaling but about control. X-Post from /bitcoin
80 A profile to look at for more evidence
81 What exactly is Blockstream Core's excuse for causing a year of stagnation in Bitcoin with no end in sight?
82 We have a way to build bank-like services.
83 "There is a reason why things are done in a certain way in the financial system, and Bitcoin will be doing something similar"
84 Some thoughts about the possible Bitcoin Segwit, Bilderberg/AXA/BockStream/Core, In-Q-Tel, CIA connection.
85 Theymos on Bitcoin XT
86 (If this is not allowed mods, please remove this text) I cannot verify this yet, but a source has given me information about theymos. theymos is known as Michael Marquardt, from Wisconsin and is a graduate from the University of Wisconsin as a computer-science student.
87 A video that Blockstream does not want you to see
88 A story of how someone was brainwashed
89 Bitcoin Cash is not a scamcoin
90 What /btc is up against
91 OpenBazaar dev explains why they won't implement Lightning Network
92 An extended history of Bitcoin Cash
93 Should I trust Bitcoin Cash ? Roger Ver seems shady
94 /btc gets brigaded and blackmailed
95 Bitcoin Core talking points translated honestly
96 Possible attacks on Bitcoin. One of them did happen
97 How many people are aware that Bitcoin Cash is a manipulation made by Roger Ver, CNBC and Coinbase?
98 Why Rick Falkvinge chose Bitcoin Cash
More from Rick
99 Can Bitcoin Cash scale on-chain?
100 Are bigger blocks better for bigger miners?
101 Jonald Fyookball corrects the misinformation
102 A developer, Luke-Jr, in the Core team is crazy
Thanks to singularity87, 103 to 106. There are more in his link
103 Using the HK agreement to stall miners from adopting bitcoin classic
104 Luke-Jr would be fine with having Jihan Wu executed
105 Theymos threatens to write to the SEC
106 Matt Corallo writes to the SEC to make Core’s BTC the “official” btc.
107 Re: BCH as an altcoin
108 The difference between BTC and BCH
109 Someone asks why Bitcoin Core refuses to increase the blocksize
110 Bitcoin back then : 1, 2, 3, 4
111 More resources
submitted by thepaip to btc [link] [comments]

How to follow, study and keep up to date with the Ethereum project. This info or link might help with newbies or people you would like to send info to regarding what ethereum is.

Iv been asked to put together some info / links on the Ethereum Project by a few people lately that iv met or talked to and since its Sunday and i got a half day from work here it is:
I emailed them and then pasted it here so sorry if its a bit clumped together. Cant get the grasp of how reddit breaks up sentances 8-()
https://www.ethereum.org/ Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.
The project was bootstraped via an ether pre-sale during August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss nonprofit, with contributions from great minds across the globe.
Ethereum Blog: https://blog.ethereum.org/
Note: This is not investment advise, This email is just to show you what Ethereum is, what these 1000's of computer scientists, developers, programmers and hackers are building. A whole new internet run from millions of peoples computers all over the world to create the "Ethereum Virtual Machine" or world computer that 7 Billion people can log onto at the same time. It is censorship resistant, encrypted and the Ethereum Blockchain can not be hacked. This is going to change the world as we know it.
There is a built in currency called "Ether" or "ETH" and can be purchased from any of many exchanges listed below.
Note 2: ETC or Ethereum Classic is a smaller blockchain project that also uses the EVM (Ethereum Virtual Machine) and id advise to stay away from that project, it has not got the 1000's of developers building it like ETH does, it apparently has one or 2 developers that went their own way, The EVM can also run private and consortium blockchains that alot of big and small companies are building on for their inhouse private operations. Like a Intranet (intranet is a private network that is contained within an enterprise)
Its very hard to understand at first what exactly blockchain is so here are some videos that i think explains it well:
BBC 2015 https://www.youtube.com/watch?v=0X33lgMbvdI
Ethereum: the World Computer https://www.youtube.com/watch?v=j23HnORQXvs
An Ethereum Interview Series // Teaser from the recent Devcon2 https://www.youtube.com/watch?v=gHseIdJ0SJU
What is Ethereum? https://www.youtube.com/watch?v=Clw-qf1sUZg&t=123s
ETHEREUM explained in 100 seconds. https://www.youtube.com/watch?v=eRDKP8nCVtU
Vitalik Buterin explains Ethereum https://www.youtube.com/watch?v=TDGq4aeevgY
DEVCON1: Understanding the Ethereum Blockchain Protocol - Vitalik Buterin
https://www.youtube.com/watch?v=gjwr-7PgpN8
2016 China Devcon2: Ethereum in 25 Minutes https://www.youtube.com/watch?v=66SaEDzlmP4&t=1s
Joseph Lubin - The Basics of Blockchain and Etherum https://www.youtube.com/watch?v=0ilYnuP1qd4&t=50s
DEVCON1: Ethereum for Dummies - Dr. Gavin Wood https://www.youtube.com/watch?v=U_LK0t_qaPo
Blockchain is Eating Wall Street | Alex Tapscott | https://www.youtube.com/watch?v=WnEYakUxsHU
How the mysterious dark net is going mainstream https://www.youtube.com/watch?v=pzN4WGPC4kc&t=378s
The four pillars of a decentralized society | Johann Gevers https://www.youtube.com/watch?v=8oeiOeDq_Nc
Gavin Wood: Why is Blockchain a game changer? https://www.youtube.com/watch?v=ygZWhQXZtl4&t=188s
Brock Pierce: Blockchain technology https://www.youtube.com/watch?v=3lMvo0PPxjQ&t=619s
2014 Keiser Report: New Crypto Phenomenon Ethereum https://www.youtube.com/watch?v=hdAnyC45ZbU (starts at about 12 mins)
Devcon2 Videos from 2016 https://www.youtube.com/channel/UCNOfzGXD_C9YMYmnefmPH0g/videos
Devcon1 and other Ethereum Videos from 2014 & 15 https://www.youtube.com/useethereumproject/videos
Soundcloud: (these are great with Arthur speaking directly to Developers that are building on Ethereum)
The Ether Review - Arthur Falls https://soundcloud.com/arthurfalls
ConsenSys Media - Arthur Falls https://soundcloud.com/consensys
Evan Van Ness sends out "The week in Ethereum" latest here: http://www.weekinethereum.com/
Id highly recommend subscribing to his news letter here http://evanvanness.us14.list-manage1.com/subscribe?u=4c6ec57a148e890524b6ac91f&id=7061f7fa65
Ethereum Rules and Getting Started Guide https://www.reddit.com/ethereum/comments/4ws9um/rethereum_rules_and_getting_started_guide/
Reddit:
https://www.reddit.com/ethereum/new/ News, development and everything apart from price. Most news about Ethereum can be found here daily
https://www.reddit.com/ethtradenew/ price and trading discussions
Ethereum News commentators i watch:
Crypt0 https://www.youtube.com/useobham001/videos
Mr Yukon C https://www.youtube.com/channel/UClfAgeZvfwC9hcJrFisW8cQ/videos
Ethereum people to follow on twitter to get linked and fed important blockchain info:
@SingularDTV @golemproject @ethcoreproject @MrYukonC @EthereumCanada @ConsenSysLLC @R3CEV @DigixGlobal @AugurProject @NickSzabo4 @ethereumJoseph @Gatecoin @aantonop @BobSummerwill @GeorgeAHallam @el33th4xor @awrelllRo @mingchan88 @peter_szilagyi @koeppelmann @LefterisJP @stephantual @wmougayar @jeffehh @TaylorGerring @avsa (there is plenty more i just don't have them on my twitter yet)
To run a node from your computer you can download the "Ethereum Wallet" here: https://github.com/ethereum/mist/releases
Instructions:
How to Install the Ethereum Wallet https://www.youtube.com/watch?v=Y3JfLgjqNU4&t=7s
How to Back up and load the Ethereum Wallet https://www.youtube.com/watch?v=CZ8ZCtbxD0M&t=2s
How To Watch Tokens and Other Smart Contracts with the Ethereum Wallet https://www.youtube.com/watch?v=V_KJ84jkPi8
Ethereum and other blockchain project prices http://coinmarketcap.com/
There are many exchanges that trade Ether around the world http://coinmarketcap.com/currencies/ethereum/#markets
Some ones i have used are: www.kraken.com Accepts Euro, Dollar, GBP etc.. by SEPA or international bank transfer and you can buy Ether
www.poloniex.com (does not accept fiat but it is the largest volume for trading crypto pairs, I have used www.bitstamp.net in the UK to buy Bitcoin and then send them to Poloniex to swap for Ether )
www.yunbi.com A very good exchange based in China and have listed a few ethereum tokens, you need to swap through CNY (Chinese Yuan) but its easy and very good support.
www.bittrex.com No Fiat but also lists some Ethereum Based tokens
www.gatecoin.com Based in Hong Kong and you can send Euro and Dollar, Also lists alot of Ethereum Based tokens, Volume is very low at the moment as they recover from a hack but they offer very good support.
The safest place to store you Ether is on a hardware wallet like this one https://www.ledgerwallet.com/products/12-ledger-nano-s.
You can also store all you Ethereum based tokens or shares on this device https://ledger.groovehq.com/knowledge_base/topics/how-to-secure-your-eth-tokens-augur-rep-dot-dot-dot-with-your-nano-s
The way "I view" the incentive to keep Ether (ETH) is the following and the reason i think it will go up in value is because of "The velocity of Ether moving through the Ethereum economy (Platform)". So the more Ether is used the higher the price will get and in a number of years will see us move down to the lower units finney, szabo, shannon, babbage, lovelace, and wei as the digital economy grows. Ether has 18 decimal places 1,000,000,000,000,000,000. Because after POS Ether total supply will be set at approx. 100 Million with a small inflation of 1 to 3% that pays the computers running it.
So ether will be more like the reserve currency and trade currency between all the other currencies, contracts and Dapps interacting in the Ethereum digital economy. But its main function is like a gas to run the network. Every transaction you have to pay a tiny amount to the network that goes to all the computers running the network. less than 1 penny.
Ethereum Based Tokens / Synthetic assets (What is a Synthetic Asset https://www.youtube.com/watch?v=St9DBpNBP1Q)
On coinmarketcap.com you can see there are 642 other Blockchain projects listed and some like Bitcoin are 8 years old. 90%+ of these projects are junk projects developed by 1 or 2 people and are just copies of Bitcoin. Some have added extra functions over Bitcoin and Bitcoin is a very secure but slow payment DAPP but cant do much else besides payments.
Ethereum was built from scratch and is built like lets say "android or a smart phone" so that DAPPS can be plugged in as you should have heard from the above videos. So there are now a good few DAPPS that are nearly completion that were built on the ethereum blockchain by different groups of developers. There are alot more but 328 are listed here: http://dapps.ethercasts.com/. So there is not just 643 blockchain projects there are over 1000 but all the ones on Ethereum can communicate or interoperate with eachother. Some notable ones you can see listed on coinmarketcap are Augur, Iconomi, DigixDAO, Golem, SingularDTV etc..... All these because they are built on the Ethereum blockchain can interact with eachother but the other 600+ blockchains can not. This is what makes Ethereum different from the rest.
As DigixDAO is the one i have studied most ill give an example of a DAPP thats built on Ethereum and why a DAPP would be usefull
In industry most work is automated, the operators no longer have to take process samples manually and send to the lab or go and top up a tank manually with certain additives, This is all done by automation, When the process is at a certain temperate, level, viscosity etc.. the instrumentation measures this and adds or pumps the necessary ingredients / additives to make sure the final product is made correctly. This automation has saved alot of costs and manual labour in industry.
What Digix / blockchain is doing is automating alot of the back office paperwork, accounting, agreements etc... Example: company that owns a gold vault (Like Silver Bullion) have employees handling paperwork / sales etc and when people sell and buy gold it changes hands or changes registered ownership and the employees have to manually do this paperwork. What Digix provides is automated software that does all this automatically in 14 seconds. For billing / storage if you have gold stored in the vault you pay about 1% a year so you know if you have $10,000 worth of gold then you need to pay about $100 a year which you pay by topping up your gold (DGX) by $100 and its taken out automatically each day by a tiny tiny amount.
The good thing is that if you have Gold Tokens as your savings instead of Fiat and you need to borrow $ short term you can borrow $ by agreeing to lock your Gold Tokens in a smart contract in the software and pay interest for that loan. If you pay back the loan over 3 months then the gold tokens are automatically returned to your address and you havent missed a gold rally or a Fiat devaluation. If you dont pay it back then the person who lent you the $ gets all your gold (or the % not paid) Again this process is automated in a smart contract and the bullion employee didnt have to settle all the paperwork, transfers of gold or get contracts and agreements signed by both parties, This is done by digital signature / agreements and saves the Vault operator alot of costs.
The vault operator can also earn a bit of the loans interest and $ can be provided by them or even 3rd parties. Using the Ethereum blockchain this can be done for lots of different industries from banking, stocks, insurance, gambling, pritty much everywhere
Other non Ethereum related Youtube people i follow, mainly Economics, Geo-politics, Gold / Silver etc.... These people give some very good info that you wont get from the big media companies or state media. Maybe this will help you understand why you should not keep 100% of your wealth in $ and maybe a few % is worth keeping in Crypto or ever Gold Physical or easier DGX (DigixDAO) or DGD.
Greg Hunter https://www.youtube.com/useusawatchdog/videos
Gerald Celente Trends in the News https://www.youtube.com/usegcelente/videos
Gregory Mannarino https://www.youtube.com/useGregVegas5909/videos
Realist News Jsnip4 https://www.youtube.com/usejsnip4/videos
SGT Report https://www.youtube.com/useSGTbull07/videos
Stefan molyneux https://www.youtube.com/usestefbot/videos
X22 Report https://www.youtube.com/useX22Report/videos
Clif High https://www.youtube.com/results?search_query=clif+high
Noem Chomsky https://www.youtube.com/results?search_query=noem+chomsky
Health
Dr John Bergman https://www.youtube.com/usejohnbchiro/videos
Nutrition Facts Org https://www.youtube.com/useNutritionFactsOrg/videos
Any questions just ask
submitted by TonyMcCarp to ethereum [link] [comments]

Introducing Litecoin as base currency - Huge Bisq/Bitsquare update - Check out v0.5.1

This release comes with tons of changes and improvements.
Please download at: https://github.com/bitsquare/bitsquare/releases/tag/v0.5.1
Most relevant changes are:
Please see the full release notes below.
As that release has very profound changes it is NOT backward compatible to the earlier versions. It uses a new network which is separated from the current trade network. So your offers from the current application will not be visible for users who are using the new version.
If you want to migrate to the new version you need to close your offers and withdraw your funds to the new application. You can run both applications in parallel as they are using a different data directory. You cannot move over the wallet or application data because the wallet format has changed (BIP44) and we use a different data structure for the data base files. So you need to transfer the Bitcoin with a BTC transaction and set up your payment account(s) manually.
Please double check with cmd+e in the old application if no funds are left over (some bugs might have caused that the balance displayed in the UI is not correct).
Please use small amounts when starting trading in the new application as with so many changes there are some risks for bugs (though it is thoroughly tested).
Release notes:
submitted by heavyuser1337 to litecoin [link] [comments]

Huge Bisq/Bitsquare update - Check out v0.5.1

This release comes with tons of changes and improvements.
Please download at: https://github.com/bitsquare/bitsquare/releases/tag/v0.5.1
Most relevant changes are:
Please see the full release notes below.
As that release has very profound changes it is NOT backward compatible to the earlier versions. It uses a new network which is separated from the current trade network. So your offers from the current application will not be visible for users who are using the new version.
If you want to migrate to the new version you need to close your offers and withdraw your funds to the new application. You can run both applications in parallel as they are using a different data directory. You cannot move over the wallet or application data because the wallet format has changed (BIP44) and we use a different data structure for the data base files. So you need to transfer the Bitcoin with a BTC transaction and set up your payment account(s) manually.
Please double check with cmd+e in the old application if no funds are left over (some bugs might have caused that the balance displayed in the UI is not correct).
Please use small amounts when starting trading in the new application as with so many changes there are some risks for bugs (though it is thoroughly tested).
Release notes:
submitted by heavyuser1337 to BitcoinMarkets [link] [comments]

I've put together a post that has, what I think, is all the possible (english) information on SmartContainers' ICO out there

Okay, so this is going to be really long in terms of posts here. I actually have to cut out some info to make it under 40000 characters for reddit...
Typically in the market there are Currency and Utility coins. Profit-Share Tokens are relatively new, and while this ICO has 2 tokens, the profit share token is definitely the main attraction, as it's tied to a very, very promising company. This company is SmartContainers Group, and their tokens are SMARC (profit-share token) and LOGI (more on LOGI later).
“Smart Containers Group, formerly REP AG (Swiss registry of commerce, UID: CHE- 141.664.882), is a Swiss based, high tech company that provides the safest temperature controlled containers to transport sensitive pharma goods and food around the world. Our purpose is to secure sensitive goods and to make sure no compromised product is ever delivered to anyone.” - whitepaper

Product

SmartContainers Group is a holding company for SkyCell.
SkyCell is the company Smart Containers Group uses to rent/sell their containers to clients around the world.
Our containers transport some of the most expensive and temperature-sensitive goods in the pharmaceutical industry. These goods need a particularly careful and accurate protection. Through our highly secure and efficient container design, we assure the best possible protection against temperature excursions. In combination with a cutting-edge technology, it enables us to provide containers with easy handling, maximum loading capacity and highest performance on the market.
More than 50 man-years of research and development poured into the creation of an unprecedented, highly efficient insulation. This cutting-edge technology reflects a maximum of radiation while minimizing heat conducting. It is the most patent protected insulation technology on the market.
The ingenious SkyCell R&D team invented a completely new, cooling technology, that stores five times more energy than traditional methods to keep the container at a steady temperature. Consequently, SkyCell containers are automatically recharged in a cooling chamber without any manual interference. Nothing can be mixed up since all parts are integrated and fixed.
The ingenious SkyCell R&D team invented a completely new, cooling technology, that stores five times more energy than traditional methods to keep the container at a steady temperature.
 
“oh, our product needs better cooling? Okay, let’s just invent a better cooling technology, no biggie”. Who heads that team, Rick Sanchez?
I asked about this tech during their AMA, here's what they said:
Cooling technology: Yes, our containers are state of the art. Nico has developed a cooling material that freezes at 5.5°C. So if you put it in a cooling chamber that has a lower temperature, it automatically freezes and if the temperature is higher it melts. Basically, the system works like a huge ice cube that is empty in the middle. The centre of the ice cube has a steady temperature of 0° until at least 1 side of the ice cube has melted. It's the same principle for SkyCell containers, but at 5.5°C
 
The patented-in house developed cooling technology stores five times more energy than traditional methods to keep the container at a consistent temperature. After use, they are ‘recharged’ in a cooling chamber without any need for manual intervention, increasing productivity of the business and reducing cost.
I’ve forgotten to mention something so far about their product [the containers]. They’re literally (not figuratively, literally) the most advanced container ON EARTH.
 
From their ICO FAQ: Where do you position yourself compared to Envirotainer? Envirotainer is the number one container company with the largest container fleet today. We are currently fourth globally, but we reached this position in less than 5 years operating in this space. SkyCell containers have been tested and shown to be technologically superior to Envirotainer containers (5x more runtime, up to 35% lighter) which translates into safer pharma distribution and cost savings as well as a reduced CO2 footprint.
 
We are currently fourth globally, but we reached this position in less than 5 years operating in this space.
 
Another thing that’s pretty impressive, 4th largest company in their entire field… after just 5 years… but back to the main point of that statement: “SkyCell containers have been tested and shown to be technologically superior to Envirotainer containers (5x more runtime, up to 35% lighter) which translates into safer pharma distribution and cost savings as well as a reduced CO2 footprint.”.
 
Watching a video from a blockchain conference in Switzerland, I got a fair bit of info from the CEO, Richard. I’ll be quoting him in that video a few times in this post, and here’s the first: “In my industry, we talk about how many shipments go wrong - and the average is 8.5%. So for 8.5% of pharma shipments for example, the [proper] temperature is not maintained. In our case [with Smart Containers], it’s less than 0.1%. That’s 75 times better. Richard also speaks in this video about how they will be able to eliminate the amount of shipments happening every year, due to the decentralized nature of this whole system, there will be less need to send packages to places far from their end destination, to make the delivery easier on the shipping side. We’ve all had packages come from across the ocean, only for it to fly 1500 Km past us to be shipped back our way next week…
 

LogiChain

”There are 200 documents are required, or exchanged, to make one shipment happen… we estimate we can bring this down to 8” Richard Ettl, CEO
Logistics is an old industry. it started out on paper, moved through the fax, early ages of the information era, early email, current email, and is now ready to move onto the blockchain.
LOGI CHAIN GOALS
 
“By using blockchain technology, we can decentralize logistics and create autonomous containers – container 4.0. This container will know who’s renting it, when the contract ends and when to invoice the customer. That’s why we’ve created the LOGI CHAIN platform. It allows us to create a seamless, fully integrated, digital logistics process that everyone can use for free.” - Richard Ettl, CEO
“Well-established processes often generate inefficiencies that we simply accept. And of course everyone knows change is painful. But at Smart Containers, we see things differently. Change is the only way to improve. We think that every process should not only be optimized but redefined and redesigned. Logistics today is highly centralized. It’s incredibly inefficient. So many wasted kilometers to huge warehouses.” Nico Ros, CTO
 
There will be more than one blockchain at play with this system as well. The info that people deserve to know will be available on a public blockchain like Ethereum, the weight, material safety data sheets, the storage conditions (which as said up above, 8.5% of pharma shipments have issues with, and Smart Containers brings that down to below 0.1%), as well as at the same time, the info that shouldn’t be public to everyone (Bills, invoices, etc) would be stored on a blockchain like Fabric or HyperLedger. LOGI will be the fuel for the LOGI Chain.
CMO Carla elaborating on LogiChain:
The LOGI project finds good echoes with logistics players but even more with blockchain infrastructures like NEM, EOS and NEO.
Emirates for once was enthusiastic about the project and definitely wants to join the foundation. As you know, the government of Dubai is focussing on applying blockchain asap to multiple industries.
We are also in exchange with ShipChain, who are running a similar project in the US. Our goal is to collaborate with a maximum of projects around the world.
The LOGI Chain Foundation will be set up in July, right at the end of the ICO. Dr. Fabian Schär, our valued Advisor, will be in charge of defining how the LOGI Chain Foundation will develop in the next 2-3 years. We think that we will be able to put out a PoC based on SkyCell until the end of the year.
We have not yet decided on which blockchain platform to build the LOGI CHAIN. We are highly delighted with NEM since they are already operative and offer a private and public blockchain on the same protocol.
 
One Chain to Connect them all - LOGI CHAIN
One platform to get all players up to speed, to handle all documents and permissions in one place. No more floods of emails. No more polluting the environment with senseless printing of documents. No more compatibility problems and clashes of individualized systems.
To show you how vast the amount of documents (and by this emails circulated) find a list of common documents needed for one air freight shipment below:
Documents of origin, Material safety sheet, Airway bill, Bill of lading, Transport order, Customs declaration documents & bills, Invoices, Product data sheet, Storage conditions, Transport conditions, Multiple service provider billings, Licenses, etc.
This adds up to the gigantic number of about 200 manually processed emails per shipment.
A combination of public and permission based chains will allow for all players in the ecosystem to store documents needed in the logistics processes. We are looking at multiple platforms to build the LOGI CHAIN on top including NEM, Fabric, Corda, EOS and NEO.
 

Team

I’ll be using bits and pieces taken from their white paper and LinkedIn pages.
The Smart Containers team includes over 80 people, and is growing every year.
Richard Ettl - Co-Founder, CEO - LinkedIn
Richard wanted to know how things worked since he was a child. He has a passion for engineering and management. Growing up in Vienna, Austria and studying in Stanford USA and the University of Fribourg, Switzerland, he started his career at Bobst Group, a leading producer of packaging machines worldwide. In 2009, he decided to launch his own business together with his university friend Nico. After wide reaching scientific research and various proof of concepts, they founded today’s Smart Containers Group as well as SkyCell in 2012. Since then he has lead the companies to commercial success, seamlessly finding the right partners and investors at crucial points, as well as convincing more and more clients of the unrivaled benefits of the SkyCell offer
 
Nico Ros - Co-Founder, CTO - LinkedIn
Nico Ros, Chief Technology Officer & Co-Founder Nico is the mastermind behind Smart Containers Group and its technology. Growing up in Basel, Switzerland, he discovered his passion for mathematics very early on and therefore came to study mathematics, physics and engineering. Being a natural talent, he had already won prestigious architectural prizes during his studies and quickly became managing partner at ZPF an engineering company in Basel. He has constructed the most expensive buildings in Switzerland in collaboration with the famous architects Herzog & DeMeuron. Nico’s key strength lies not only in his state of the art engineering know how but also in his efficient management of teams, leading highly complex, multimillion projects to success. However, engineering alone did not suffice Nico. Having a passion for business and management, he decided to complete additional studies at the University of Fribourg, meeting Richard along the way. Everyone who meets Nico rapidly becomes aware of his sharp mind and his passion to invent new technologies. It is therefore not surprising, that both him and Richard ended up together where they are today.
 
Andreas Ernst - CFO - LinkedIn
Andreas is the true logistic finance expert in the company. He spent all his career in various finance roles of logistic service providers: from Swissair (today Swiss International Airlines), to Swissport (biggest ground service provider for airlines) where he filled the role as regional CFO for the Middle East and Africa. His last role before joining Smart Containers Group was CFO of Unitpool (now called Unilode), which is the largest independent air-freight container pooling company in the world.
 
Thomas Taroni - Head of IT - LinkedIn
Thomas is an IT-architecture mastermind. His first claim to fame is the creation of the largest media database, shared by all media houses in Switzerland: more than two million articles are uploaded every year, then queried and shared seamlessly and efficiently among multiple news companies. He founded his own IT company to design IT architectures focusing on process automation (eliminating paper and endless emails), and as a result won other clients (large banks, pharma companies and even publicly tendered government contracts). SkyCell became his client, when they needed a bespoke asset management system to track and trace their containers around the world. He joined SkyCell four years ago and since his tenure, has become the head of IT for all companies of Smart Containers Group.
 
Carla Bünger - CMO & Business Development Manager - LinkedIn
Carla is a marketing and sales expert. Building strong brands on solid foundations and convincing clients to buy its underlying products gives her huge satisfaction. She collected her experience through managing various international consumer brands, for companies such as Nestlé, Lindt and Coty. However, she discovered her passion for Blockchain technology roughly 18 months ago and has since been actively participating in the com - munity of Crypto Valley in Switzerland. The sheer endless application possibilities make her strive for more and she is drawing energy and enthusiasm from developing new business schemes around the subject. Her “can do” attitude helped to put together the high level advisory team around our ICO.
 

Advisors

Strategic advisor: Oliver Bussmann, is CEO and Founder of Bussmann Advisory, former CIO of UBS and SAP as well as the President of the Crypto Valley Association. “our main advisor” - Richard
Strategic advisor: Marc Bettinger, Altcoin and Blockchain specialist and investor, Co-Host Altcoin Meetup Switzerland (Bitcoin Association Switzerland)
Strategic Advisor: Fabian Schär is Managing Director of the Center for Innovative Finance at the University of Basel. His research focus is on the potential and applications of blockchain. In addition, he works as a lecturer in blockchain technology at the University of Basel, the University of Applied Sciences in Business Administration Zurich (HWZ) and the University of Applied Sciences Northwestern Switzerland (FHNW).
 
Technology Partner: Lykke Corp. our highly trustworthy expert in smart contract programming and ICO execution. (Lykke also audited their ICO smartcontract)
Legal Advisor: Gabriela Hauser-Spuehler was part of the team of MME, the well-known law firm in the crypto space.
Communication Advisor: David Wachsman and Emma Walker from Wachsman PR, the crypto community’s most experienced PR agency.
Richard also states they hired a lawyer that worked on the Ethereum ICO, but I don’t know if it’s Gabriela up there or another person.

Tokens

Min. investment = $500 USD for ICO, $5000 for presale (largest portion of supply), $250k for private sale.
There are two tokens as mentioned before: SMARC and LOGI. I’m more into SMARC because it’s safe (safe once the payouts start of course, as soon as a coin has a clear value like this, BTC moving up or down doesn’t matter to you), as well as obviously very attractive if you think of the long term profits.
 
Every year, the company’s annual shareholder meeting takes place, during which the shareholders will agree (or negotiate) on a proposal by the Smart Containers’ board about how much of the company profits is to be paid to the shareholders that year. 20% of that amount is taken, converted to ETH, and fairly distributed to the token holders.
Since the cofounders and all token holders will have aligned interests and incentives, we are all in a positive-sum-game. We do not want to use the ICO as a speculative springboard, but as way of funding innovation and change the world. Both Richard and Nico are committed for the long-term and not interested in a quick exit. Our aim is to use the collected funds to continue pushing the following business areas:
• Continue scaling of SkyCell in both B2B and B2C
• Establish FoodGuardians - the main goal if the ICO is to build and scale FoodGuardians
• Establish the of LOGI CHAIN Foundation
• Regularly evaluate organic scaling vs. M&A
• Evaluate IPO at relevant time
We are raising funds through an ICO to grow our container businesses in pharma and food. We push SkyCell from no. 4 to the no. 1 provider in the next 2-3 years.
 
The CEO in this video explains pretty easily why one would want to put money into this ICO over others:
“Why invest? [referring to SMARC] Simple question. It’s an up and coming company with revenue, multiple millions a year, most ICO’s have white papers…[we have much more than that].”
That's pretty clear. You can invest in random Xcoin ICO where they have some half-baked token that might see some level of adoption if it isn't just a cash grab, or you could invest in an actual multimillion-dollar company and be a part of it as it scales into what could potentially be a multibillion dollar entity.
 

The following is taken from the ICO, Legal, and Company FAQ

How will the profit share payouts work? 20% of dividends will be paid in ETH to all holders of SMARC tokens that are in circulation at the time of the payout. A given business year ends on 31st December each year with a general assembly held annually around mid-February. Therefore, dividend payout is expected around mid-March each year. In the event of a total sale of Smart Containers or the exit of one of its lines of business, the holders of SMARC tokens will receive a 20% participation of proceeds
 
Is there a future profit statement? No listed company can make an estimation or a commitment to a future return. To do so would neither be professional nor ethical. For Smart Containers, as with any company, profits may often depend upon a number of external factors, such as the general trust in blockchain technology. The question to be assessed is how fast a new disruptive technology can replace an old system. We believe that Smart Containers Group is well-positioned to facilitate this disruption, with a strong plan going forward and experienced team working to successfully implement blockchain technology in the supply chain. 5 years of industry experience, the 4th largest container fleet and a motivated team; that’s more than any idea whitepaper ICO.
 
What specific rights come with my investment? The SMARC token is a profit share token. When the company generates profits and the company’s general assembly approves a dividend payout, 20% of the defined funds attributed to dividends will be distributed proportionally to holders of SMARC tokens in circulation. In contrast, the LOGI token is a utility token that can be used to pay for transactions on the LOGI CHAIN, an open-source logistics platform for all stakeholders in the logistics field with the goal to create a seamless, fully integrated, digital logistics process.
 
Smart Containers will pay out a dividend to SMARC token holders. This would imply that the SMARC token is a security token. Are you compliant with financial regulation? Smart Containers tokens is not classified as a security in Switzerland under current law. This may be different in other jurisdictions such as the USA. Hence the SMARC token is not eligible for sale in certain jurisdictions. Our benchmark is the Modum token sale from June 2017. We have elected to use the same legal structure as it was accepted by regulators in Switzerland and well received by the ICO community and exchanges.
 
What is the vesting schedule for team and advisors tokens? Everyone will receive SMARC and LOGI tokens at the same time. Minting will occur at the end of the token sale. Advisors will have lock up periods depending on how many tokens they receive. Team members have a lock up period of 12 months.
 
Are SkyCell containers an approved ULD according to IATA regulations? SkyCell containers are exempt from the ULD rules by IATA. This has the huge advantage that, compared to our competitors, the SkyCell container can not only fly but can also leave the airport. Skycell containers are therefore a door-to-door solution. Our competitors’ containers, on the other hand, have to be unloaded at the airport and packed into a new transport unit in order to continue their journey from the airport to the final destination, increasing the risk of temperature excursion, and loss.
 
Are there financial statements? If so, are they audited, and by whom? Yes, there are financial statements for all our companies. They are audited by PricewaterhouseCoopers (PwC). To preserve our competitive advantage in the market, we have decided not to publish our financial figures online at this moment in time.
 
Are Modum and Smart Containers competitors? Modum and Smart Containers are not competitors, more future partners. Modum rents/sells sensors to track and trace shipments on temperature, whereas Smart Containers rents/sells the containers, in which products including sensors are put inside. Of course our containers have sensors that record data for quality control, but Smart Containers does not sell these data sets. In the end Modum and Smart Containers will address to the same clients - Smart Containers provides the container and Modum will put a sensor in it.
 
How many airlines fly SkyCell containers? In addition to our major partners, Emirates and CargoLux, more than 30 airlines fly SkyCell containers.
 
What destinations does SkyCell serve? SkyCell is a global company. We are shipping containers around the world and reach each pharma client within 24-48 hours. This is accomplished through our airline partners, that can fly ready-to-use containers to more than 150 airports.
 

Profit Sharing Mechanism

During the annual shareholder meeting, the shareholders in the form of the general assembly (Annual General Assembly) decide on a proposal by Smart Containers’ board regarding the usage of profit as recognized in the annual financial statements of Smart Containers in the form of distribution of dividends. Distribution of a dividend on shares shall be announced in the “Tokenholder Information” section of the Smart Containers website; such announcement shall include the date and time of the dividend payment and the dividend amount per ordinary share in USD as well as the ETH/USD exchange rate which shall become applicable, as derived from publicly available and reliable quotes. Within 20 business days of the date of the resolution passed by the Annual General Assembly regarding dividend payments to the shareholders of Smart Containers, Smart Containers will make available a Profit Share Amount to each authenticated Tokenholder equal to 20% (twenty percent) of all dividends agreed to being distributed per share to the shareholders, divided by the total number of issued SMARC Tokens (To further explain for clarity, all Tokenholders combined will receive an amount equal to 20% of the amount received by all shareholders combined.). SMARC Tokenholders shall receive these payments in ETH, at an average exchange rate specified by Smart Containers.
 

FoodGuardians

“Imagine your tomatoes tasting 1 day ‘fresher”.
One of the main reasons for the SMARC/LOGI ICO is to raise the funds to fuel the growth of FoodGuardians alongside SkyCell.
According to their CEO, SkyCell is constantly asked “can your containers be used for food?”, but there are several issues with shipping food and medicine together. This is where FoodGuardians comes in.
FoodGuardians offers the next generation of reusable containers and boxes to transport regionally and globally temperature sensitive food products.The combination of patented cooling technology, cutting edge insulation and Blockchain infrastructure allows to redefine the product’s freshness and traceability.
Our vision is to allow your local butcher to order your favorite steak directly from the producing farm and sending it straight to your grill party. (All without the buyer even leaving his home, let alone going to store)
 
Advantages of using FoodGuardians
 
Each FoodGuardians container can be tracked around the world on:
 
The phrase “Imagine your tomatoes tasting 1 day ‘fresher” has been used by the CEO a couple times, and is more or less the FoodGuardian slogan. This is referring to the fact that not only can FoodGuardian and SkyCell containers save cost, CO2, and man/brainpower, but they can also make shipments faster when combined with the blockchain (LOGI Chain) and Smart Contracts. when everything is accounted for at every second with almost as little room for human error as possible, things are far more efficient.
We are launching our first food application – we will announce a collaboration before June for a solution that can be used to ship overnight online fresh food to people homes and can be used to supply hospitals and restaurants as well.
FoodGuardians and SkyCell are two of the many possible use-cases for SmartContainers' tech:
"Other use cases. Yes indeed. We are just getting started!! However, it makes sense to focus on scaling SkyCell and FoodGuardians before starting something new. In the end we are a tech company. We have defined 7 use cases around the insulation technology. We have started with the most relevant 2 but will certainly continue."
 

SkyCellONE

SkyCell is looking to bring a business-to-consumer solution to market, that was developed and tested with one of the top 20 pharma companies in the world. The direct to patient market is estimated to increase to a 2.5 billion USD market in the future, with no other competition yet aside from styrofoam containers that are disposed of after one use. The SkyCell ONE can also be co-branded by a partner, such as a pharmacy chain that could rent it out for home delivery, business trips or even holidays.
The product is temperature stable for up to 72 hours, can be recharged passively in a fridge, or temp-controlled warehouse or truck. Currently it’s best in class for size and weight, but that’s probably down to there being no competition! Trials have been undergoing since June 2017 with an orphan drug product, and go live is expected in Q2 2018. - Cryptowithoutborders article
The SkyCell ONE container is showcased HERE
THIS could be a massive money maker. There is currently no direct pharma-2-consumer shipping service, because it really wasn’t profitable, or manageable on a central database. They can even sell this product to other supply chain entities to use. The direct to patient market is estimated to increase to a 2.5 billion USD market in the future, with no other competition yet, aside from styrofoam containers that get disposed of after a single
Q&A: Smart Containers’ Richard Ettl on Blockchain, Pharma, and how His Company’s Hardware and Software is Disrupting the Logistics Industry - Nexchange.com
We are launching also additional sizes – so we are launching a very small box to ship pharma directly to patients' homes. Amazon just recently announced that they will postpone entering the pharma distribution space, as they do not have the technology to ship to patients homes in a temperature controlled manner. We are bringing this to market later this year. This will increase the convenience of patients and reduce the costs in the healthcare system.
 

Organs

I just finished listening to this podcast (20 minutes long, but you can skip the intro stuff to make it shorter of course). I’m now twice as excited as I was before. I’m going to type out a large chunk of the podcast. I’ll be paraphrasing slightly, so I don’t have to type every “uhh” or anything, plus he sometimes starts one sentence before finishing another.
“We have some prototypes, that we built, for example, for the Children’s Hospital here in Zurich, where we’ve designed a container that can transport living skin.” [Interviewer; “Wow.”] “So for young children that suffer skin diseases that could be almost fatal, like cancer, they grow this… patch of skin, and then that skin needs to be transported, and kept at body temperature so… roughly 37 degrees Celsius. There we designed them a box that did this for 10 days, autonomously.” [“That’s amazing…”] “Yeah, we did this because we wanted to learn how to interact and work with hospitals, this is a highly specialized application, and the next step could be organ logistics, because most of the organs today are transported on ice, because that’s the standard set in the 70’s, but studies have shown that if your transport certain tissue at room temperature, it is significantly better for the tissue than if you transport it on ice.”
I can guarantee you every major hospital on earth is going to want their hands on this container that can allow them to transport both living skin, and potentially organs in the future. The fact that in this day and age we’re still throwing people’s kidneys/lungs/etc in a bucket of ice is a little weird.
From the recent AMA:
Our Container BT5: The name stands for Body Temperature 5 L content. It transports skin grafts that was cultured for children with burn accidends. The temperature range is 37°c. Nico (our CTO) was so taken by this project, that he developped this container only for this purpose for a company calles Cutiss (a start-up from Zurich). We currently only have around 10 of these containers in use. It is not produced in on a large scale. We could market it, but have bigger opportunities to tackle first with the SkyCell one. You can only focus on 1-2 projects at a time. The BT5 is a beautiful project, but will need manpower to scale production and then manpower to market it.
 

Competition

Envirotainer, The leading company in this field, has only a matter of time before they’re overtaken. SmartContainer Group’s containers are proven to be superior (5x as efficient, 35% lighter, self-charging, etc, etc, read up above for the whole deal). According to the Googles, Envirotainer’s best year (2015) saw a profit of $50,000,000. It’s logical to assume that Smartcontainers will surpass them as the top dog, and at the same time be pulling in much more profit over time by serving both pharma, and the food industry (Envirotainer only does pharma). By accepting cryptocurrency payments, saving them a fair bit in fees from cross border payments, they’ll also net a small % more in profits annually.
I asked about the state of their competition. Turns out, Envirotainer (or more specifically the private equity firm that owns them) offered SmartContainers a buy out of $125m. This was one of countless offers they've turned down, because they believe they can scale the company to much further value. The firm selling Envirotainer has been trying to find a buying for the past 3 years, at $1b. No one will buy them, because anyone who knows their shit in that industry knows SmartContainers will overtake them in no time.
From April's AMA:
Our 2 biggest competitors are for sale. Envirotainer (biggest player) is owned by a Private Equity company that wants to sell it for 1 b USD. it already tries to sell for 3 years. SkyCell is considered a threat to the valuation of Envirotainer, since we are winning one client after the other from them. While Envirotainer is the largest player with a huge sales force and well established client contacts, they are still operating on an "old" technology. SkyCell is technology leader, has lighter containers, reduces CO2 emissions and is considered to be the future.
2 days ago, a private equity company requested a meeting to see the valuation of SkyCell and evaluate to buy. We have already been approached several times. We are treated as the bride in the market. However, Richard and Nico think we can scale the business much more before we should consider to sell. We are just getting started.
We have won 3 large accounts in Q1. Today we have 1200 containers. By the end of the year, it will be 2000. Our business plan estimates that SkyCell will be profitable in 2019. Therefore you can expect first dividends in Q1 2020.
 

Official Projections

Another redditor asked for "optimistic expectations for potential profits" during their ama, here was their answer:
How does a profit of 21 m USD on Smart Containers total in 2020 sound? This figure will then quadruple in 2021 to 76 m USD.
As you can see, this would mean that by 2021 tokenholders would not even have broken even yet. I myself am fine with this, i'm expecting to hold SMARC until the end (be it I die or the company sells, in which case i'll enjoy that fat exit payout). The potential gains from 2020-2030 are far more worth it to me than trying to make it in one year with heavy risk.
So why invest in this over a random shitcoin that might moon? If you're here to turn $1000 into $1m and get out by the end of the year, good luck, don't invest in smarc. If you're realistic and are aware that crypto will only be so volatile for so long, go ahead and think about putting a bit of your portfolio in something that will have actual value, lasting long after the shitcoins die. Crypto market could crash at any time, but that doesn't mean that SmartContainers as a company goes anywhere, nor their profits. I don't think I need to explain any further.

So…

A 5 year old company, with over 100,000 collective hours of R&D put into their products, with currently just under 100 innovative patents, that is already the 4th largest of it’s kind in the world, with the top product in their field on earth, is doing an ICO that is fully backed by the Swiss government, with a token that is due 20% of all future shareholder payouts, as well as 20% of any potential exit profits (the company being purchased). They’re already this big, and you can benefit from both their success, and their expansion into new markets.
There’s nothing stopping SmartContainers Group/SkyCell/FoodGuardians from working with VeChain in the future either. Or Walton, or Wabi, Devery, OriginTrail, Ambrosus, all of em.
 

Links4U:

SmartContainers
https://smartcontainers.ch/
https://foodguardians.ch
https://skycell.ch/
Whitepaper
FAQ
Terms of Token Sale
CryptoWithBorders Article
Medium post reviewing SmartContainers
Interview with Richard Ettl, Co-Founder & CEO of Smart Containers on SMARC Token Sale | TechBullion
Interview with Richard Ettl - CryptoRich - Richard talks about some of their patents in this video, I think about 20 minutes in. Whole thing was worth watching imo
Podcast on how Blockchain + Smart Contracts will change how we ship things globally - 20 minutes, I REALLY recommend you listen through it, but do skip the intro if you want.
CEO Richard Ettl speaking at Crypto Finance Conference in St.Moritz - about 14 minutes, also highly recommend you watch this as well.
SkyCell Video
Strategic Advisor Oliver Bussman (President of the Crypto Valley Association, Former CIO of UBS and SAP), on SmartContainers
Marc Bettinger on why he took an advisory role with SmartContainers - (many may know him as "altcoindad")
Michael Guzik - Former 'Head of Blockchain' at PWC, current Head of ICO advisory at Lykke - why he's involved with the Smarc/Logi ICO
AMA with Carla Bünger - CMO & Business Development Manager of SmartContainers
AMA with Thomas Taroni - Head of IT of Smart Containers
Q&A w/ Richard Ettl - Nexchange
 
Should you invest in this? I sure am, and am very glad to even be offered the opportunity, but it’s up to you. Read through this post if you haven't yet, then click these links and decide for yourself. Don't go all in of course, since this is a profit share token, there is much less risk, therefore less short term reward. The long term reward is what we're looking at here, don't buy into the ICO and then complain that you aren't getting 1000% ROI payouts by year one.
submitted by Haramburglar to RFIDBlockchain [link] [comments]

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