The Mining Algorithm And CPU Mining - All About Bitcoin ...

Two Prime, under the radar coin worth looking into.

Two Prime has released their FF1 MacroToken.
"We show how this methodology can be applied as an Open Source application, in the vein of BTC and ETH, with all the creative and value generative potential that comes along with it. We leverage store of value functions of cryptocurrencies to arrive at value creation and accretion in the real economy by the intermediary of crypto exchanges on which we propose to provide protective measures. We detail treasury and reserve formation for the Open Source Finance Foundation, describe its relation to Two Prime and detail the emission of a new crypto-asset called the FF1 Token.
We seek liquidity for the FF1 treasury within the secondary exchanges for the purpose of applying M4 in the real world, both in the private and public sector. We first apply this to the vertical of cryptocurrencies while outlining the genericity and stability of the model which we indeed to apply to esoteric financial needs (e.g. Smart City financing). In so doing, we extend the scope and control of applications that a system of digital units of value stored on decentralized, public ledgers can aim to advance. We call this approach Open Source Finance and the resulting coin class a MacroToken.
MODERN MONETARY THEORY FRAMEWORKModern Monetary Theory states two interdependent phenomenological axioms and the banking system operates on a resulting syllogism:
In the past 10 years, the formation and emergence of BTC and ETH has verifiably falsified Axiom 2 [1]. The phenomenon of crypto-currencies has created ab-initio global stores of value of type 1a. Cryptoc Currencies have displaced trust by means of government violence and associated, implied violence, with instead, open source distribution, cloud computing, objective mathematics, and the algorithmic integrity of blockchain ledgers. The first “killer app” of these open source ledgers areis stores of value, e.g. Bitcoin, or “open source money” as it was first characterized by its semi-anonymous creators. Leading crypto-currencies have proven themselves as viable global stores of value. They are regulated as Gold is in the United States. However, as type 1a units of value, they have tended towards high volatility inevitably leading to speculative market behavior and near 0 “real” asset-” backing or floor price [2], albeit with an aggregate value of $350bn ab-initio creation.
We therefore advance Axiom 2 to Axiom 2’
At N < 1 we have dilutive debasement of fungible units of value, aka inflation. At 1, the new monies are therefore stable coins. At N > 1, these tokens are designed to grow with demand. Axiom Two Prime (or 2’) displaces government endorsed violence as our macro-socio organizing principle, with algorithmic objectivity and verifiable transparency. This occurs within the landscape we call Open Source Finance.
THE TWO PRIME MODEL
Two Prime refers to the financial management company managing the OSFF. FF1 refers to the Macro Token of the OSFF. The first stage is reserve and treasury formation, the second stage describes the mechanics of the public markets and the protective measures of the reserves and third stage is treasury liquidity via the Continuous Token Offering both in public and private markets. We will now describe these in more detail.
MACRO INVESTMENT THESIS AND RATIONALE FOR FF1The FF1 MacroToken is a synthetic token based on the proven killer applications of Cryptoc-Currencies. After 110 years since the inception of the blockchain technology, the killer apps of crypto are already here and they are primarily all financial, not technical. The historical killers apps are:
The FF1 MacroToken is a pot-pourri of these features, a synthetic token that mixes the best of breed practices of crypto mixing Store-of-Value, Capital Formation and Fractional Asset-Backing.
MACRO INVESTMENT THESIS AND RATIONALE FOR FF1Treasury Generation: Ab-Initio Store of Value On the supply side, The OSFFTwo Prime has created is creating 100, 000, 000 FF1 Macro Tokens, which it keeps in treasury. They are pure stores of value for they have no assets backing them at birth. They are ab-initio instruments. The FF1 Macro Tokens are listed on public crypto exchanges. Two Prime manages operates market- making for these stores of value.
Treasury Management: Supply- Side Tokenomics All FF1 are held in the Open Source Finance Foundation treasury. Crypto aAssets that enter into treasury are, at first, not traded. The FF1 supply will be offered upon sufficient demand. which Two Prime generates publicly and privately. The total supply will be finite in total units (100, 000, 000), but variable in its aggregate value for supply and demand will make the price move. The proceeds are the property of the OSFF (not Two Prime) and Two Prime places invests the liquid treasury (post FF1 liquidation) in crypto assets to protect against depreciation and create a macro-hedge reserve andor floor for the price. It should be noted that the price and the NAV of assets are, by design, not equal. In other words, the additional OSFF treasury is locked and can enter circulation if, and only if, there is a corresponding demand which is then placed invested in crypto assets with a target value N 1. This results in fractional asset- backing at first.
EXCHANGES, CONTINUOUS TOKEN OFFERING, AND DEMAND- SIDE TOKENOMICSPublic Exchanges Two Prime will maintain listings for the FF1 Tokens on behalf of the OSFF. Two Prime maintains market- making operations in public crypto exchanges on behalf of the OSFF.
Continuous Token Offering Two Prime works on creating new liquidity for the FF1 Macro Tokens to comply with the supply side constraints detailed above, namely that a token enters circulation when matched by demand. Two Prime does demand generation in public as above as well as private. This CTO results in something akin to a reverse-ICO, letting the reserves be set by public trading and then marketing to private purchasers investors (accredited US for example) after the public liquidity event. Demand generation is done via marketing to relevant audiences, e.g. as a macro way to HODL with exclusive private equity investments for crypto holders, and as a diversified and de-risked way to gain crypto exposure for FIAT holders (Sharpe ratio: 1.55, Beta to BTC: 0.75).
PARTNER NETWORK, USE OF PROCEEDS, ACCRETION AND FLOOR PROTECTIONThough this mathematical approach allows for a broad and differentiated set of financial applications and outcomes, Two Prime founding Members will first apply this work to the realm of project finance within the Blockchain space via algorithmic balancing of an equity and debt based treasury consisting of real crypto assets and future cash flows.
Proof of Value Mining in Partner Network Funds and projects can apply to the foundation for financing. This is the partner network and is akin to the way a network of miners secure the chain. Here a network of partners protects the value. The Foundation invests the proceeds in liquid crypto assets, interest bearing crypto assets and equity crypto assets via partner funds, creating a bridge to the real economy (crypto companies) in the last step. The foundation holds these (real economic) assets.
M4 Asset Mix The funds raised are invested in public and private sector projects. We consider the following mix
This completes the M4 step and the flow of funds for the FF1 Token. It shows a feedback loop, for the Foundation can buy back it’s token, leading to an idiosyncratic tokenomics: the FF1 Token has a fixed (and potentially diminishing) SUPPLY alongside (potentially increasing) endogenous and exogenous DEMAND."
This seems pretty interesting imo, thoughts?
submitted by Stock-Accountant to CryptoMoonShots [link] [comments]

Addressing the many concerns related to Obelisk

Why make ASICs at all?

Our blog has a longer post on the subject, but the ultimate answer is that GPU mining is very insecure. For the vast majority of GPU mined coins out there (including Sia), it is the case that there are multiple, if not many, individuals who operate enough GPUs to execute a 51% attack against the coin all by themselves. There are some very large Ethereum GPU farms out there, and they are a threat to all small GPU-mined coins. (our market cap is a factor of 50 smaller than Ethereum - we are a small coin). And it's not just Ethereum farms to be afraid of, there are massive GPU farms dedicated to machine learning as well, and other big-data related use cases. All of those are potential sources for a 51% attack. Even worse, if the price of the coin tanks following such an attack, the attacker has nothing to lose, because the core purpose of their hardware is unrelated to Sia, and unaffected by a change in price.
Though it sounds terrible and unintuitive, a single centralized entity running ASICs would be a much more secure situation than this. Because with a single central ASIC entity, you get two huge advantages:
  1. There's only 1 entity capable of performing a 51% attack. This is much better than having multiple entities that are each individually capable of performing a 51% attack.
  2. If the price of the coin falls, the entity that has all of the hardware loses a lot of money. That hardware isn't good for anything besides Sia mining, so that entity is quite invested in propping up the siacoin price.
We chose ASICs over GPUs because even the worst case scenario is more secure and better for the coin than the situation with GPU mining.
But we also did not want a single entity owning and operating all of the ASICs. That's when we realized, if we were ASIC manufacturers ourselves, we could guarantee that at least one entity is selling chips to the larger community. The unfortunate fact is that either way, there is going to be a small number of chip manufacturers who have the power to sell chips to the community. Even so, this is a better situation than what you get with GPU mining.
We are making ASICs so that we can guarantee the first batch of ASICs will make it to the Sia community. Without that, we have no idea if the first batch of ASICs will be sold to the public or hoarded by some greedy investors who were able to pay the full price of manufacturing up-front.

Why are you doing the presale so early?

We, put simply, don't have enough cash even to do the early development of the chips. We need financing to pay for chip development.
Traditionally, we would find some private investors, have them front some millions, and in return promise them a very good deal on some hardware. The private investors would get the first stab at buying ASICs, they'd get a huge chunk, and they'd get them at an exclusive deal for taking on the risk early. We actually had private investors come forward offering this to us, with enough money to fund the full development and manufacture of the first batch of chips - this isn't a hypothetical, it's a real offer that the Sia team received.
This didn't seem fair to us. When we finally did get to the point where the miners were ready to be sold to the community, we would have to offer the community a worse deal. Less risky, but ultimately it would mean that the community was excluded from the opportunity of participating early, and the result is a huge chunk of the chips going to some private investors.
Such a situation is still better than GPU mining, but it didn't seem like the best that we could do. We felt that we could do better by opening the early presale to everyone.

Why not accept credit cards?

Payment processors are not friendly to Bitcoin products. We contacted Stripe and were told point-blank that they would not process payments for cryptocurrency miners. We appreciate everyone who pointed us towards Stripe as a bitcoin-friendly company, but they gave us a direct no.
Paypal has a long history of freezing merchant accounts with little warning, and when they do so they freeze your existing money in addition to freezing incoming payments - we would be unable to pay our bills if Paypal did this to us, and it would unquestionably cause delays. Visa and MasterCard are not much better in terms of track record.
Losing access to our accounts would unquestionably cause delays. ASIC hardware is already well known to suffer from serious delays, and we need to limit our exposure to delays.
We are in an industry that is unfortunately fraught with fraud. With revenue-generated devices such as miners, criminals are much more likely to try to target these devices as a way to cash in on stolen credit cards, stolen identities, hacked bank accounts, etc. The fraud rates are staggering, and as a result most payment processors outright refuse to deal with it. We are aware that Bitmain is partnered with Paypal, though we don't know the details behind how that came to be.

Why not accept Siacoin?

This was a harder decision. We could quite easily choose to accept siacoin, however we fear that Siacoin is not ready to handle such a massive presale. The market cap and daily volume of Bitcoin is a factor of 100 times as large as the Siacoin market cap and volume. Moving millions or tens of millions of dollars through Bitcoin is not likely to make much of a dent. Siacoin on the other hand, a sudden sell order for millions of dollars would likely tank the price. That not only means the ecosystem is unhappy with us, it also means that we might only be able to sell $2499 of siacoin for $2200.
A lot of people have accused us of not having confidence in our own coin. Unfortunately, this is true. Even at a $500 million market cap, Sia is not ready to handle a presale of this size. It's a pragmatic decision based on the fact that we don't want to dump our own coin. We know that people will be selling siacoin to buy the miners anyway, but we still feel that this situation is much better than us accepting siacoin directly.
This decision was a disappointment for us as well. We would love to accept siacoin, and if we weren't talking about processing millions of dollars in a single day, we absolutely would be accepting siacoin. And, as Sia continues growing up, the concerns above will become less and less.

What about this 5% gains/losses stuff?

Our intention was never to play fishy financial games with our users, and honestly this isn't even something that crossed our minds as a potential problem point. I think a big part of the issue was that people did not realize we will be converting to US dollars as fast as possible - we will be doing the conversion in minutes or hours as long as we can keep up with the order volume.
The rationale is very simple. If the price plummets before we are able to convert the Bitcoin, we won't have enough money to create the hardware. We really don't expect this to matter, because we don't expect the price to swing by more than $100 (which is what would be required) in the few hours that we're going to be sitting on the BTC. If it does, we'll need more coins or we can't produce the hardware - our costs are in dollars, which means we need to end up with the right amount of dollars in our account at the end of the day.
The original stance on not returning gains was also very simple. There's no transparency into when we sell the coins. If we sell the coins within 60 minutes of receiving them, and then 4 hours later there's a huge surge in the price, we will almost certainly have users emailing us and posting about how we owe them a refund. We won't have that refund, because we'll have sold the coins before the price rise.
There's not much we can do to provide transparency into this either. And we're likely to get requests for refunds even if it takes 3 months for Bitcoin to rise by 5%. This promise of returning gains that we've put forward is going to be a massive headache, because we're not expecting to have any gains, even if the price goes up by that much we'll have likely converted to USD faster than that. Our whole goal is to convert to USD as fast as possible.
We're sorry that we have to go through this headache at all. If we could get set up with a processor like Stripe, we could accept both Bitcoin and USD and let them deal with the conversion process, slippage risk, and all the other headache associated with using multiple currencies.

Why shipping a full 12 months away?

Before we set out to make Sia miners, we did a study of companies who had previously sold and pre-sold Bitcoin miners. This included talking to both Avalon and Butterfly Labs, and talking to professionals and advisors who have shipped hardware successfully in other industries. The core piece of advice we got was pretty consistent: expect delays. Expect lots of delays, and expect them to come from the most absurd setbacks. (Example: one of the people we talked to had to delay their product because there was a global shortage of power supplies, and they had to wait in line behind billion dollar companies to get some).
Our projections indicate that if all goes well, we should be able to ship the miners in 6-8 months. Nothing we are doing is new. Plenty of companies have gone through the process of developing a chip, manufacturing it, putting it in a box, and then shipping it to users. There is almost no innovation risk here. Sia's PoW algorithm is deliberately very ASIC friendly, even more than Bitcoin. We have advisors who have gone through this process before, and the types of challenges facing us are well known.
6-8 months is reasonable, except that every single person we've talked to has told us that unexpected delays is a guarantee, and that by nature of being unexpected, there's not really any way to prevent them by planning around them. Delays are just inherent to shipping hardware. So we chose to set our target at 12 months.
We will ship the miners as soon as they are ready. If we are a few months ahead of schedule, and have somehow managed to avoid the foretold delays, we will ship them months ahead of schedule. But we want our users to have a realistic understanding of the expected delays. We've baked a generous amount of time for setbacks into our shipping date. We'll almost certainly need at least some of it.

Why $2499?

Making chips is very expensive. We have to sell thousands of units to cover the cost of the chips. A nontrivial percentage of the price is going to go towards chassis, shipping, power supply, control board, fans, etc. Those costs are relatively the same even if we put in fewer chips, which means the total percentage of our budget going towards chips drops significantly. If we cut the price in half, we'll have to sell roughly three times as many units to break even on the cost of the chips. If we cut the price in half again, we'd need to sell a completely unreasonable number of units to break even on the cost of the chips. It's unfortunate, but the fixed costs of chip manufacture means that we really need vast majority of the price of the unit to be spent on chips, otherwise we simply won't be able to sell enough units.
There is a second reason as well. As stated in the section above, the industry is plagued by delays an unexpected expenses. We need a healthy budget to plan around potential setbacks, because we've been guaranteed that there will be multiple significant setbacks by those who have gone through this process before. If we bring down the price of the unit, we will also be reducing the amount of wiggle room we have for disaster if suddenly we have to replace parts, re-do designs, or otherwise perform expensive adjustments to our plans.

Are you guys qualified to be working on hardware?

Zach is a mechanical engineer, I've been in the Bitcoin space since before ASICs started shipping, and we have advisors who have successfully shipped hardware before. The team that is designing the chips for the miner has designed chips and shipped chips for Bitcoin miners previously - they are familiar with the whole process, and have done it before. The people in charge of designing the PCB board and other aspects of the miner are also all experienced with their respective tasks. We will be facilitating frequent and strong communications between everyone working on the various components of the miner.
The ultimate answer is that the Sia development team is not qualified to be making this type of hardware. However, the Sia development team is not the team working on the hardware. Most of the heavy lifting is being performed by teams with lots of experience in this industry, including experience that is directly related to cryptocurrency miners.
What we are doing is not new. Dozens of cryptocurrency miners have been created and shipped in the past, and we are not starting from day zero. We have many advantages over the previous rounds of pre-sale cryptocurrency miners, but the biggest is that it's no longer the wild west of hardware design. There is a standard, and there are tried-and-true methods for making reliable cryptocurrency miners. We get to fall back on the mistakes and successes of the many miners that have been built previously, and we will be leaning heavily on teams and people that have direct experience in this field as opposed to doing everything ourselves.

Does this mean that Sia is getting less attention from the developers?

Sia right now has four full time employees. Myself, Zach, Luke, and Johnathan. Zach was hired in June 2017, less than one month ago. He is not a programmer.
Luke and Johnathan will continue with the same responsibilities that they've always had. They helped out a little bit in setting up the website, and in setting up a secure database to process orders + payment information, however the majority of their time has been focused on Sia even as we set up this presale. Going forward, they will be almost entirely uninvolved in Obelisk.
I have had to allocate about 25% of my time to Obelisk. Slightly more this week, due to the PR meltdown we had from the initial announcement. But most of my time is still going towards Sia. Most people know I work over 100 hours per week (some weeks will eclipse 120), and that a quarter of my time is not a small amount.
Zach is closer to 50% Sia, 50% Obelisk at this point. We're expecting that to tone down once the presale is over - much of this time has been spent with banks, with lawyers, with payment processors, and we won't have to do that beyond the initial setup phase. Zach and myself will still be having weekly conversations with every part of the Obelisk supply chain, including the chip designers, chip manufacturers, control board designers, the miner assembly teams, and the fulfillment centers, so even after the presale there will be effort going towards Obelisk.
But nobody on the Sia team is doing chip design, nobody is doing control board design, most of the really heavy work is being done by experienced teams and suppliers that we've found and already spent weeks vetting and verifying. We incorporated Obelisk as a separate company precisely so that Obelisk would eventually have a completely separate team.
And finally, as Obelisk is wholly owned by Nebulous, a successful hardware company does mean revenue and income for the Sia team. Cryptocurrency mining tends to be low margin, so tens of millions in revenue for Obelisk does not necessarily millions in funding for the Sia team. But it is something, and it will give us more time to get the storage platform to the next levels of maturity.

Conclusion

I know that a lot of you are concerned about the miner presale that we are conducting. I hope that this post has helped to alleviate those concerns. I hope it makes sense why we are doing a public presale, instead of seeking private investment until we have a full prototype. I hope this post has clarified our decisions around payment methods, and around our price point. I hope you feel more confident that this is something we will be able to pull off. And finally, I hope I've reassured you guys that Sia is still our primary focus, and that we haven't suddenly pivoted into being a hardware company.
We are ultimately doing this to provide better security to the Sia network. GPU mined coins are frighteningly insecure, and Sia is now large enough where there is serious money on the line. We are doing this to gain security, and also to ensure as much decentralization as possible when it comes to chip manufacture.
We are typically viewed as one of the most reputable teams in cryptocurrency, and I know it's why a lot of you are here. We hope that the Sia ASIC that we are going to be manufacturing and selling strengthens this reputation, but ultimately we will not find out until the miners are actually being shipped.
We continue to be excited about this new product. We truly do feel that ASICs are the right direction for Sia, and we also feel that we are doing the right thing by bringing the opportunity to own a Sia ASIC to the broader Sia community. We are sorry for the fallout from our sloppy original announcement, and we hope that we have since made up for it.
Finally, we hope that you are interested in buying a miner. Even if we only sell a small batch, ASICs are going to utterly dominate the hashrate of Sia going forward. This is an egalitarian sale where everyone has equal opportunity to buy a miner - there's no cap, and we will ensure that small buyers are not shut out by larger buyers in any way.
submitted by Taek42 to siacoin [link] [comments]

TIFU and got scammed out of .4 BTC

Foreword:
This did not happen today but on Wed.
This is also a long post. I'm also typing this on my phone in a bar as I reflect on my stupidity, please excuse the multiple typos. Also (not that this will deter anybody), I know I'm a complete idiot for this, I knew/heavily suspected before, during, and after this scam that I would regret it. I'll explain my ridiculous rational later, but just know I know I'm a complete idiot for letting myself get scammed. Last, I'm not entirely sure the scam is done, best case scenario I'm mining some monero for someone. Worst case scenario, I have a backdoor or key logger installed and the rest of my crypto that I cherish is about to be emptied, if anyone can help me with that it would be much appreciated.
Yesterday I decided, even with the return to bullish sentiment in the market, that my portfolio was not offerring the same returns I saw from March to June and I needed to change that. I talked myself into gambling on a satoshimine bot that promised lifetime support, updates to algorithmic programming, and up to 1 btc a day of earnings. I knew it sounded too good to be true, but after my quick money I made from March to now in ETH I figured I was just playing with house money and if it was that easy then it was probably that easy now. It also happened to be a (yet another) time in my life that I needed money, so I went for it despite ALL the red flags.
Now let me defend myself a little here before we get to my stupidity:
Since March I have been learning as much as I can about crypto everyday. I listen to 7 plus hours of podcasts and audio books on crypto daily. I read charts, Reddit, Twitter, and immerse myself daily in all things crypto. I love the community (even after losing 1300$), and the challenge to understand and learn everything associated with crypto. I love the drama of the scaling debate, I love the possibilities of what is to come, and I love the gold rush that crypto is right now. I have read multiple times that "you are just a noob until you have been scammed or hacked" and just thought I was smarter than that...
With that having been said, greed got the best of me. It made me blind to reality. Not only did I need the money, but I love bitcoin! I do I love it! I'm a libertarian, an anarcho-capitalist. Bitcoin is my wet dream. But I've only held bull shit alts. I needed a bitcoin! I also have this thing that I will only buy bitcoin when I can afford 1 whole bitcoin. (Showing my cards here) unfortunately I'm always a couple hundred behind the bitcoin price with my alts to make the switch.
:enter stupidity and greed:
After my 300 time checking the crypto prices today on blockpholio, I decided it was time to switch to bitcoin; I needed it. But I wasn't ready to dump all my alts. Then it hit me! I remembered a post I saw on Reddit regarding a "super smart" Satoshimines bot that wouls make me 1 BTC a day!! Of course it sounded too good to be true, but it's crypto, it's the wild west, its unregulated, its a gold rush, its BITCOIN! I mean i had just 10x my investment in a few months, was this really that far fetched?
So, I watched the YouTube video, I read the comments, I did some research, I checked out who made the comments, I saw win written all over it, but I was weary of course. So, I emailed the guy to feel him out. He was great. Sold it hard, said all the right things, had all the right answers, he was good. So I went for it, 69$ for the bot. If it was a scam why would he sell it!? He would reach way more people if he was giving it away. He was there for the whole thing, in 3 hours we had like 40 emails between us. Telling me the settings for the bot, which had a simple yet nice user interface. He assured me he would help me until my win percentages were up to 99%. He assured me it has worked for so many people and he just couldn't do it too much himself because as the algorithms change on satoshimines he wouldn't be able to keep up with the updates. Like I said, I was desperate and he was good.
So now it was time to deposit my .4 btc and run this program with some money. I dumped some alts, waited nervously for the confirmations from various wallets, sold for btc, and send it over to this bitcoin minesweeper site. If you asked me a year ago if I would ever send $1300 to a website to gamble on a minesweeper game I would have laughed hysterically, even more so if you told me I would be doing it with an automated bot I purchased from an internet stranger named BTC RAIN and had a Skype and gmail account with the name Duke Mahler...
Either way, after hours of sending, selling, and testing I went for it. Let Duke know I had the BTC on the site. He told me the settings for the bot and then double checked them with me (all via email), then said hit start.....
:BAM:
Nothing happened, just an error on the bot. "Hey Duke I got this error did I have a setting wrong or something...?" No response... hmm let me refresh this web page and log back in.....
0
Fucking 0!
That was my new balance. ALL btc and hope was gone. I knew he got me. Right away. I didn't get mad, I couldn't. It was to dumb. I just told Duke, just man up and tell me I've been had, just send me one last email and rub it in, tell me I'm an idiot. His silence was killing me for some reason. I just wanted closure at this point, I don't know why, but it drove me nuts that I got no response after he got me. I was tired and embarrassed. I needed sleep, I had to work in the morning and was done. But I kept asking and waiting for a reply. I even swallowed my pride enough to compliment the guy on his scamming abilities and asked him to atleast split his (formerly mine) spoils with me. I said, "Hey man just send me half of that BTC back, send it here: removedbtcaddresssoyoualldontthinkimtrolling", but (obviously) received nothing. Not even a response..
I was defeated, embarrassed, and $1300 poorer. It sucked; refreshing my blockpholio wasn't fun anymore. I didn't want to make trades anymore, I was too afraid to fuck up and lose more money. I've read you are a crypto noob until you fuck up and send ETH to your btc wallet, or lose a private key, or fat finger a trade, or get scammed, but I've never felt like more of a noob than after this idiotic chance i took. I stepped away from the crypto world for what seemed like a long time: 3 days...
Now today, with BTC hitting 4k I had to get back in! It was all house money, you live and you learn, the BTC price isn't going to wait for me, and the FOMO is just getting worse! I know, eventually, I can trade my way to some BTC, but man if only I could have won it playing satsoshimines with a bot! Lol
Edit: here are the details of the tx that the satoshimines admin emailed to me by request.
IP Address: 14.192.53.150 Amount: -0.37739599 Destination: 1HEXKiDE8LrrPcv5Ag7aXJ3JVFMXwemK5Z Timestamp: 2017-08-10 02:54:33 UTC Txid: 1b542361ba71ba1a2c8203016ff8c76e9fc94ce12c8143b242bdfcdd69772966
"Hexkid" is the handle the scammer went by on the selly website where I purchased the bot.
EDIT: Here is the virus total analysis. I uploaded the file, but the file had already been uploaded previously so that is the upload date you see. Can any experts kindly tell me the level of worry I should have from these results..?:
https://virustotal.com/en/file/06e0a2ca42ee632ebb488937ece1828a28d567149ad9bbc3e4b94bd67316f10f/analysis/
submitted by MikelMiddle to CryptoCurrency [link] [comments]

MeWe: A trip report

Among the more frequently mentioned G+ alternatives at the Google+ Mass Migration community, and others, is MeWe with over 250 mentions. The site bills itself as "The Next-Gen Social Network" and the "anti-Facebook": "No Ads, No Political Bias, No Spyware. NO BS. It is headed by professed Libertarian CEO Mark Weinstein.
As the site reveals no public user-generated content to non-members, it's necessary to create an account in order to get a full impression. I thought I'd provide an overview based on recent explorations.
This report leads of with background on the company, though readers may find the report and analysis of specific groups on the site of interest.

Leadership

Founder & CEO Mark Weinstein.
Co-Founder & Chief Scientist, Jonathan Wolfe (no longer with company).
Weinstein previously founded SuperFamily and SuperFriends, "at the turn of the millennium". Weinstein's MeWe biography lists articles published by The Mirror (UK), Huffington Post, USA Today, InfoSecurity Magazine, Dark Reading, and the Nation. His media appearances include MarketWatch, PBS, Fox News, and CNN. He's also the author of several personal-success books.
His Crunchbase bio is a repeat of the MeWe content.

Advisory Board

Ownership & Investment

MeWe is the dba of Sgrouples, a private for-profit early-stage venture company based in Los Angeles, though with a Mountain View HQ and mailing address, 11-50 employees, with $10m in funding over five rounds, and a $20m valuation as of 2016.
Sgrouples, Inc., dba MeWe Trust & Safety - Legal Policy c/o Fenwick West 801 California Street Mountain View, CA 94041
Crunchbase Profile.
Founded: 2012 (source)
Secured $1.2M in seed funding in 2014.
2016 valuation: $20m (source]
Backers:
Despite the business address, the company claims to be based in Los Angeles County, California and is described by the Los Angeles Business Journal as a Culver City, CA, company.

Business

Policy

In an August 6, 2018 Twitter post, Weinstein promotes MeWe writing:
Do you have friends still on Facebook? Share this link with them about Facebook wanting their banking information - tell them to move to MeWe now! No Ads. No Spyware. No Political Agenda. No Bias Algorithms. No Shadow Banning. No Facial Recognition.
MeWe provide several policy-related links on the site:
Highlights of these follow.

Privacy

The privacy policy addresses:

Terms of Service

The ToS addresses:
Effective: November 6, 2018.

FAQ

The FAQ addresses:

Values

This emphasises that people are social cratures and private people by right. The service offers the power of self expression under an umbrella of safety. It notes that our innermost thoughts require privacy.
Under "We aspire...":
MeWe is here to empower and enrich your world. We challenge the status quo by making privacy, respect, and safety the foundations of an innovatively designed, easy-to-use social experience.
Totalling 182 words.

Privacy Bill of Rights

A ten-item statement of principles (possibly inspired by another document, it might appear):
  1. You own your personal information & content. It is explicitly not ours.
  2. You will never receive a targeted advertisement or 3rd party content based on what you do or say online. We think that's creepy.
  3. You see every post in timeline order from your friends, family & groups. We do not manipulate, filter, or change the order of your content or what you see.
  4. Permissions & privacy are your rights. You control them.
  5. You control who can access your content.
  6. You control what, if anything, others can see in member searches.
  7. Your privacy means we do not share your personal information with anyone.
  8. Your emojis are for you and your friends. We do not monitor or mine your data.
  9. Your face is your business. We do not use facial recognition technology.
  10. You have the right to delete your account and take your content with you at any time.

Press

There are a few mentions of MeWe in the press, some listed on the company's website, others via web search.

Self-reported articles

The following articles are linked directly from MeWe's Press page:
The page also lists a "Privacy Revolution Required Reading" list of 20 articles all addressing Facebook privacy gaffes in the mainstream press (Wired, TechCrunch, Fortune, Gizmodo, The Guardian, etc.).
There are further self-reported mentions in several of the company's PR releases over the years.

Other mentions

A DuckDuckGo search produces several other press mentions, including:

Technology

This section is a basic rundown of the user-visible site technology.

Mobile Web

The site is not natively accessible from a mobile Web browser as it is overlayed with a promotion for the mobile application instead. Selecting "Desktop View" in most mobile browsers should allow browser-based access.

Mobile App

There are both Android and iOS apps for MeWe. I've used neither of these, though the App store entries note:
Crunchbase cites 209,220 mobile downloads over the past 30 days (via Apptopia), an 80.78% monthly growth rate, from Google Play.

Desktop Web

Either selecting "View Desktop" or navigating with a Desktop browser to https://www.mewe.com your are presented with a registration screen, with the "About", "Privacy Bill of Rights", "MeWe Challenge", and a language selector across the top of the page. Information requested are first and last name, phone or email, and a password. Pseudonymous identities are permitted, though this isn't noted on the login screen. Returning members can use the "Member Log In" button.
The uMatrix Firefox extension reveals no third-party content: all page elements are served from mewe.com, img.mewe.com, cdn.mewe.com, or ws.mewe.com. (In subsequent browsing, you may find third-party plugins from, for example, YouTube, for videos, or Giphy, for animated GIFs.)
The web front-end is nginx. The site uses SSL v3, issued by DigiCert Inc. to Sgrouples, Inc.

Onboarding

The onboarding experience is stark. There is no default content presented. A set of unidentified icons spans the top of the screen, these turn out to be Home, Chats, Groups, Pages, and Events. New users have to, somehow, find groups or people to connect with, and there's little guidance as to how to do this.

Interface

Generally there is a three panel view, with left- and right-hand sidebars of largely navigational or status information, and a central panel with main content. There are also pop-up elements for chats, an omnipresent feature of the site.
Controls display labels on some devices and/or resolutions. Controls do not provide tooltips for navigational aid.

Features

Among the touted features of MeWe are:

Community

A key aspect of any social network is its community. Some of the available or ascertained information on this follows.

Size

Weinstein claims a "million+ following inside MeWe.com" on Twitter.
The largest visible groups appear to have a maximum of around 15,000 members , for "Awesome gifs". "Clean Comedy" rates 13,350, and the largest open political groups, 11,000+ members.
This compares to Google+ which has a staggering, though Android-registrations-inflated 3.3 billion profiles, and 7.9 million communities, though the largest of these come in at under 10 million members. It's likely that MeWe's membership is on the whole more more active than Google+'s, where generally-visible posting activity was limited to just over 9% of all profiles, and the active user base was well under 1% of the total nominal population.

Active Users

MeWe do not publish active users (e.g., MUA / monthly active users) statistics.

Groups

MeWe is principally a group-oriented discussion site -- interactions take place either between individuals or within group contexts. Virtually all discovery is group-oriented. The selection and dynamics of groups on the site will likely strongly affect user experience, so exploring the available groups and their characteristics is of interest.
"MeWe has over 60,000 open groups" according to its FAQ.
The Open groups -- visible to any registered MeWe user, though not to the general public Web -- are browsable, though sections and topics must be expanded to view the contents: an overview isn't immediately accessible. We provide a taste here.
A selection of ten featured topics spans the top of the browser. As I view these, they are:
Specific groups may appear in multiple categories.
The top Groups within these topics have, variously, 15,482, 7,738, 15,482 (dupe), 7,745, 8,223, 8,220, 1,713, 9,527, 2,716, and 1,516 members. Listings scroll at length -- the Music topic has 234 Groups, ranging in size from 5 to 5,738 members, with a median of 59, mean of 311.4, and a 90%ile of 743.5.
Below this is a grid of topics, 122 in all, ranging from Activism to Wellness, and including among them. A selected sample of these topics, with top groups listed members in (parens), follows:
To be clear: whilst I've not included every topic, I've sampled a majority of them above, and listed not an arbitrary selection, but the top few Groups under each topic.

Google+ Groups

The Google Plus expats group seems the most active of these by far.

Political Groups

It's curious that MeWe make a specific point in their FAQ that:
At MeWe we have absolutely no political agenda and we have a very straightforward Terms of Service. MeWe is for all law-abiding people everywhere in the world, regardless of political, ethnic, religious, sexual, and other preferences.
There are 403 political groups on MeWe. I won't list them all here, but the first 100 or so give a pretty clear idea of flavour. Again, membership is in (parentheses). Note that half the total political Groups memberships are in the first 21 groups listed here, the first 6 are 25% of the total.
  1. Donald J. Trump 2016 - Present (11486)
  2. The Conservative's Hangout (8345)
  3. Qanon Follow The White Rabbit (5600)
  4. Drain The Swamp (4978)
  5. Libertarians (4528)
  6. United We Stand Trump2020 (4216)
  7. The Right To Self Defense (3757)
  8. Alternative Media (3711)
  9. Hardcore Conservative Patriots for Trump (3192)
  10. Bastket Of Deplorables4Trump! (3032)
  11. Return of the Republic (2509)
  12. Infowars Chat Room Unofficial (2159)
  13. Donald Trump Our President 2017-2025 (2033)
  14. Berners for Progress (1963)
  15. Sean Hannity Fans (1901)
  16. The American Conservative (1839)
  17. I Am The NRA (1704)
  18. Tucker Carlson Fox News (1645)
  19. We Love Donald Trump (1611)
  20. MAGA - Make America Great Again (1512)
  21. Q (1396)
  22. ClashDaily.com (1384)
  23. news from the front (1337)
  24. Basket of Deplorables (1317)
  25. Payton's Park Bench (1283)
  26. Convention of States (1282)
  27. Britons For Brexit (1186)
  28. MoJo 5.0 Radio (1180)
  29. MeWe Free Press (1119)
  30. The Constitutionally Elite (1110)
  31. Libertarian (1097)
  32. WOMEN FOR PRESIDENT TRUMP (1032)
  33. AMERICANS AGAINST ISIS and OTHER ENEMIES (943)
  34. #WalkAway Campaign (894)
  35. ALEX JONES (877)
  36. The Lion Is Awake ! (854)
  37. We Support Donald Trump! (810)
  38. The Stratosphere Lounge (789)
  39. TRUMP-USA-HANDS OFF OUR PRESIDENT (767)
  40. Official Tea Party USA (749)
  41. Mojo50 Jackholes (739)
  42. Yes Scotland (697)
  43. "WE THE DEPLORABLE" - MOVE ON SNOWFLAKE! (688)
  44. Judge Jeanine Pirro Fans (671)
  45. Anarcho-Capitalism (658)
  46. Ted Cruz for President (650)
  47. No Lapdog Media (647)
  48. Q Chatter (647)
  49. Daily Brexit (636)
  50. Tucker Carlson Fox News (601)
  51. The Trumps Storm Group (600)
  52. QAnon-Patriots WWG1WGA (598)
  53. 100% American (569)
  54. Ladies For Donald Trump (566)
  55. Deep State (560)
  56. In the Name of Liberty (557)
  57. Material Planet (555)
  58. WikiUnderground (555)
  59. Trump NRA Free Speech Patriots on MeWe Gab.ai etc (546)
  60. Magna Carta Group (520)
  61. Constitutional Conservatives (506)
  62. Question Everything (503)
  63. Conspiracy Research (500)
  64. Bill O'Reilly Fans (481)
  65. Conservative Misfit's (479)
  66. Canadian politics (478)
  67. Anarchism (464)
  68. HARDCORE DEPLORABLES (454)
  69. Deplorable (450)
  70. Tampa Bay Trump Club (445)
  71. UK Politics (430)
  72. Bongino Fan Page (429)
  73. Radical Conservatives (429)
  74. RESIST THE RESISTANCE (419)
  75. The Deplorables (409)
  76. America's Freedom Fighters (401)
  77. Politically Incorrect & Proud (399)
  78. CONSERVATIVES FOR AMERICA ! (385)
  79. Political satire (383)
  80. RISE OF THE RIGHT (371)
  81. UK Sovereignty,Independence,Democracy -Everlasting (366)
  82. The Patriots Voting Coalition (359)
  83. End The Insanity (349)
  84. Coming American Civil War! (345)
  85. Constitutional Conservatives (343)
  86. United Nations Watch (342)
  87. A Revival Of The Critical Thinking Union (337)
  88. The New Libertarian (335)
  89. Libertarian Party (official ) (333)
  90. DDS United (Duterte Die-hard Supporters) (332)
  91. American Conservative Veterans (331)
  92. Anarchism/Agorism/Voluntaryism (328)
  93. America Needs Donald Trump (326)
  94. The UKIP Debating Society (321)
  95. Coalition For Trump (310)
  96. Egalitarianism (306)
  97. FRIENDS THAT LIKE JILL STEIN AND THE GREEN PARTY (292)
  98. 2nd Amendment (287)
  99. Never Forget #SethRich (286)
  100. Green Party Supporters 2020 (283)
It seems there is relatively little representation from the left wing, or even the centre, of the political spectrum. A case-insensitive match for "liberal" turns up:
Mainstream political parties are little represented, though again, the balance seems skewed searching on "(democrat|republic|gop)":
The terms "left" and "right" provide a few matches, not all strictly political-axis aligned:
Socialism and Communism also warrant a few mentions:
And there are some references to green, laboulabor parties:

Conclusion

Whilst there may not be a political agenda, there does appear to be at least a slight political bias to the site. And a distinctive skew on many other topical subjects.
Those seeking new homes online may wish to take this into account.

Updates

submitted by dredmorbius to plexodus [link] [comments]

New to Cryptocurrency? Please read this, my advice from following the crypto community.

Hey folks --
Incredibly unexpectedly to me, DogeCoin seems to have struck a chord with the world, and now I'm seeing all sorts of new people into cryptocurrency. Welcome! To me, the cryptocurrency scene is utterly fascinating. However, as it is so new and money is involved, it can be quite dangerous. So, I'd like to share some advice that I've attained through being involved in the community for awhile:
This is the main point I want to make, and the rest are just supporting details. There are good people and there are scammers. There are opportunities to grow and learn and contribute cool things, and there are sharks that will take advantage of people and fraud them out of money. There are genuine market dynamics as well alongside massive manipulation, and it's hard to tell which is which without studying it for awhile. There aren't any rules, there can be rampant greed a times, there are always bubbles on bubbles on bubbles (see http://www.pbs.org/wgbh/nova/body/mind-over-money.html -- this basically shows that humans naturally make financial bubbles and how the entire market is ruled by psychology). I have no doubt that cryptocurrency will be studied for years, academically, as "what happens in a free market." Fascinating stuff. Just know what you're getting yourself into!
First of all, buying cryptocurrency is not really investing, it's much closer to gambling. I have never recommended purchase of any crypto with dollars to anyone, but I always recommend mining, because it's quite inexpensive and makes it easier to treat these coins as magic funny money. Pretty much all cryptocurrency "value" is just the amount of bitcoin people are trading it for, and bitcoin is an extremely volatile asset that can and has dropped in value 50%+ overnight, and that isn't any different with DogeCoin.
This is why I want to keep the DogeCoin community lighthearted. It's never fun to lose money, but everyone needs to understand that, unless they are just mining, any money they put into it can be lost. Not trying to scare everyone away! Just be careful.
Even though I wouldn't recommend purchasing over mining, if you insist, I would always recommend going through http://coinbase.com, purchasing bitcoin, and trading it for dogecoin at market value on one of the major exchanges (bter, vircurex, coinedup, imo. Cryptsy, as you have seen, is a bit of a toilet) as opposed to purchasing anything on ebay/paypal, even though it is faster. First of all, people mark up the price on ebay, because they are targetting newbies. Second of all, paypal will not honor any cryptocurrency agreement, so if the buyer files a dispute, the seller won't get the money - another reason for markup. This goes for selling as well, for the same reasons.
The vast majority of people are honest, but not everyone, so be careful and diligent. Don't use the same password twice, set up 2-factor authentication wherever you can. Forums often get hacked and steal passwords, and sometimes site operators aren't safe and have your passwords hidden in plaintext.
Your wallet.dat file holds are your coins. If you lose that, you are toast. If someone copies that file from you, they can steal all your coins. You want to encrypt it and use a very strong password, and back it up - on a thumb drive, etc. Or export the private key and write it down somewhere (google paper wallet for how to accomplish this)
Note that there is a bug right now for some windows platforms when encrypting the wallet. I'll fix it soon..ish... >_<
When you're using an exchange, pool, or online wallet, keep in mind that at any point they can go down or be hacked. It's best to keep the payout threshold low in pools and only keep money in online exchanges you find trustworthy with 2-factor authentication. Considering its newness, DogeCoin does not yet have long running trusted services, so of course not saying dogewallet (or any other wallet service that will come about for dogecoin) is untrustworthy, but that it is a risk to keep too much coin in any type of online wallet.
(Note - dogewallet turned out to be a unsafe/compromised/maybe a scam)
If you're mining Dogecoin with a graphics card, you can also mine with your CPU at the same time (though generally you'll need to use MAX_CPU_THREADS - 1 to avoid issues). There are some coins that are essentially CPU only -- the most interesting of these, I find, are Primecoin and Protoshares. The easiest way to do this is to go through http://www.ypool.net and follow the instructions from that site. Both these coins are well established and have interesting algorithms. Mining two coins at once -- much profit!
This is my last piece of advice to all. This is the tone I hope to always keep for DogeCoin. The cryptocommunity is full of elitism and greed, and it makes sense in from a psychological standpoint. People get very invested and want to thwart away anything that entrenches on their territory. I hope that the DogeCoin community will never get that way. I want us to understand how that happens and resist it. Even though 5 new coins just came out that essentially cut and paste DogeCoin, we don't need to trash their coins and feign being superior to everyone - there will be many more popular coins that come out in the future. And really, I mean, c'mon. I slapped a dog on a coin :) Let's remember that and continue to do what I am seeing right now, which is incredibly welcoming, generous, and fun.
Thanks folks. Enjoy your holidays :)
submitted by BillyM2k to dogecoin [link] [comments]

zcash thesis

Zcash launched in 2016 and is a private digital asset which leverages Zero-Knowledge proofs, known as ZK-Snarks, to shroud transaction details such as transaction amount, sender and receiver. The team comprises of individuals with deep domain knowledge in both research in the field of cryptography together with growing and scaling companies.
Zcash was initially funded through the Zero Coin Electric company by a range of prominent angel investors. It has been reported that the company raised $1M; they have not disclosed the type of the round as is common with venture investing. The investors should at a minimum, benefit from the direct exposure to ZEC as an asset and other products that the company commercialise. This is a long term project (10+ years) and through research one can infer that private transactions is not the sole goal of the company. Like Bitcoin, Zcash has a fixed supply of 21 million.
Zcash leverages proof-of-work with 2MB block sizes with 150 second block times. Up until 2020, 20% of the mining reward is sent the the founder address and is known as the “Founder’s Reward”. The reward will cease after the first halving where 100% of the mining reward shall be received by the successful miner. The first halving is due in H2 2020 and occurs every four years. Zcash experiences a high inital inflation rate (similar to BTC) which the market has to absorb.
The founders reward will comprise 10% of the total supply of Zcash. The Founders Reward can be associated with a few distinct elements such as, investors, employees & advisors, and Zcash strategic reward. Zcash is an American company and might be adopted by the west. On the other hand, the chinese have a foundness towards chinese companies and Zcash may not be widely adopted in the East
The business seems introverted to the general crypto audience, they are prominent in the more technical conferences. This for me is not a concern, learn to walk before you can run.
Team and Investors
The team comprises of highly technical individuals from top tier research institutions. Given I am not an erudite in crypography it is reckless to provide an analysis of the research from the company and individuals. Faith is in the bio of the team and the knowledge around the table, particularly from the investors. I believe this to currently be the strongest team for the “privacy wars” as compared to the teams from other privacy focused assets such as, Monero.
Strategy
The company seeks to make private programmable money. Through my readings, the word programmable has appeared in a number of places and has caught my attention. To me, this reads smart contracts or virtual machine type capabilities. Additionally given the huge increase and adoption of the lighting network, I see layer two solutions being developed on the zcash chain (BOLT).
The company was funded through an equity round. This seems very much a seed round to me and revenue or additional capital for the company to be able to send of software development is to come from the founders reward.
Zooko has stated that they will investigated alternative consensus mechanisms such as PoS. They are not a leader in consensus mechanism algorithms and thus take little risk in amending such segments of the technology. I can see an instance where there is a hard fork for those wanting to remain on a PoW chain and those that want to migrate to a PoW chain (free coins). I believe there is a risk of capital management. Given the significant levels of research to be undertaken, if the founders reward is not sufficient enough there could be some issues. I will come onto this in financials.
There is no clear strategy, or one that is publicly available although, I am certain Zcash is going to be a groundbreaking development in the digital asset scene.
The market / users
There are an abundant variety of private digital money. Monero and Dash come to mind and there are many other projects. Monero given their mandatory privacy functions and long standing in the scene provide zcash with a genuine competitor. Additionally, a ecosystem may emerge where zcash is for the wealthy and large institutions and monero and other private cryptocurrencies are used for day to day spending and by a large retail audience.
There are huge changes in the private wealth ecosystem with a large wealth transfer in the order of trillions of dollars will be handed down a generation who are digital natives / millennials and open to digital currencies. They are more inclined to allocate risk capital to cryptocurrencies.
I dont not anticipate a paradigm shift with the users of zcash given the early stages of technical development of the entire ecosystem. Around H2 in 2020, I imagine some activity, other than that, I imagine it being uneventful. Zcash have already announced the upgrades in Blossom.
Z are private addresses and t addresses are transparent. Round trip transactions, most transactions are transparent given the complex and expensive data requirements for z transactions. This will reduce and private transactions will only increase
Financials
The company was centrally funded and is an American entity. The seed funding is utilised to get Zcash of the ground and fund initial development with the Founders Reward contributing to the development. There are approximately over five million in circulation with 20 million to be in circulation by 2050. The current inflation rate is therefore, 45% and will reduce with the block halving times. The market has to absorb a high degree of Zcash on a daily basis, supply will adjust but it may explain why zcash doesn't “pump” like other alt coins. Simply, given a $50 ZEC, 12.5 ZEC mined at very block and that there are 1440 minutes a day, the market has to absorb 7200 ZEC on a daily basis. On a fucking daily basis. Let that sink in. that is $360,000 in new issuance. At the all time high that is $7.2 million. Miners need to cover their costs.
The first halving will significantly impact the market as will the second, the 3rd halving will start to have a smaller effect and zcash by then could have migrated to a different consensus mechanism
What is worrying is the cost to launch a 51% attack on the network. It costs between $300,000 - $500,000 a day to launch a 51% attack on the network.
If this is a prolonged bear market, i.e. up until 2021, crypto development could potentially slow and there might be calls for zcash to extend the founders reward. I do not expect this to happen. At the moment I anticipate BTC to be above the 20-week MA by Q4 2020.
Price.
All assets are against BTC. I have marked out areas of significant resistance and I believe they will be tested around 2020. If the founders reward is extended, this will be a bearish impact on price along with delays or software issues.These areas will not be tested if there is bearish news regarding the founders reward. The chart is in a continually bear market. This is a direct result of the inflation rate, the market has to absorb a high number of Zcash on a daily basis, the founders reward and the overall nascent stage the company is in.

In terms of the bottom, it is very difficult to infer that given the historical price chart. I believe 0.014-0.011 is a good range for the bottom. Given current market conditions, we are close to the “bottom”. To be clear, given the lack of historical price it is difficult to provide a tighter range.

I have spent ~15 hours to research and write this.
submitted by Cryptocobbler to DigitalAssetResearch [link] [comments]

---> CREDITS CRYPTOCURRENCY CRED CX : JULY - AUGUST COMMUNITY UPDATES AND RUNNING ANALYSIS

https://new.reddit.com/CreditsCryptocurrency/comments/937w1n/we_need_to_talk_about_credits_llc_re_cfo/
We entered into August 2018 now a full 7 months after the launch of Cred CX @ Credits.Energy
As the jingle goes we have been hearing "Credits Cryptocurrency, Supports Green Energy"
Many are only waiting to have an exchange listing.... Many are questioning what they really have received after they paid for their Cred CX coins.
Most do not know they are still waiting for an actual Cred CX cryptocurrency coin.
If you read this I hope it will help educate some on matters of a cryptocurrency the one in review here is based upon cryptonote - The most popular cryptocurrency like Cred CX is Monero.
I would go over the last 7 months but there is little to Report. So little to report that Credits has not released a much anticipated end of July update as they did with the end of June. The end of June report was mostly about challenges and future or forward thinking and goals. Nothing in the way of a verifiable blockchain / coin.
Some ICO fundamentals:
~Dollars and Cents~
How well did the pre ICO and ICO and Now crowd sales do from a financial perspective is not clear to to purchasers and or investors alike.
The only thing I find is that in a May 2018 they edited the timeline infograph they ~ failed to reach the softcap of 100 million Cred CX sold. They have subsequently said that they have exceeded the softcap but have not made known a hard cap, nor do we know how many Cred CX where purchased as of this date.
As well they also have not published any official figures from their corporate offices regarding bonuses, incentives, airdrops or other distributions etc. This in addition to corporate distribution among themselves and their stake or holdings, the company, and what appears to be a un published foundation or "entity", there are no details about any such entity as of yet in our knowledge. Perhaps the whitepaper plans have changed again with out noting public revisions.
We do know that they are still taking orders for Cred CX and are reportedly going to "explore" merchant account options. July saw Paypal suspended on Credits.Energy website. Another red flag.
Our analysis leads us to think it went something like this...
Read the following:https://www.reddit.com/CryptoCurrency/comments/7zkzjz/go_fuck_yourself_paypal/
Hello xxxxx,
We are writing to you in regards to your PayPal Account.
PayPal appreciates that you have chosen us to accept payments for your business. A periodic review of your account shows that you are cryptocurrency trading using PayPal.
However, unfortunately we have determined there to be excessive risk involved with the business model that you engaged in using PayPal. While we wish you the best of success in your future business endeavors, we respectfully ask that you seek another method of payment for the online business.
Your remaining balance will be held in your PayPal account for 180 days from the date your account was limited. After 180 days, you will be notified via email with information on how to receive your remaining funds.
We deeply regret any inconvenience this matter may cause you.
Sincerely, PayPal Compliance Department PayPal"
^^The above was of an IOTA trader a well established coin.
Cash is still king with this ICO it appears.
Looking at their past known published crypto addresses used at some time over the last 7 months to receive crypto payments for orders of Cred CX it reveals "nominal" volumes. The current address advertised shows zero activity for in puts and out puts at the time of this writing.
I it is another cleaning of the crypto slate as it where. No update notification has been given of the change on social media other than now perhaps here. By publishing the explorer to their adresses and hashes here I am not promoting anything.
You can explore them here:
Bitcoin: https://www.blockchain.com/btc/address/1JFz4UHRrsKnL5aGj5V87FxFz7RxAmDJ3m?sort=0
Ethereum: https://etherscan.io/address/0x8ca65a6e0839ea2de06e0741b6325b9629eff928
With out the public having kept track of previously published address one would not know that they raised anything via crypto during this ICO and the pre ICO based on currently available data.
Please see this post for IMPORTANT INFORMATION: https://new.reddit.com/CreditsCryptocurrency/comments/937w1n/we_need_to_talk_about_credits_llc_re_cfo/
~ EXCHANGE LISTING/S ~
There is no data to reference as to who Credits llc has been in talks with or what applications they have submitted to whom. They say that is what they are doing still. Acceptance is reported to have been granted by two exchanges as to why thy have not taken the listing offer and acted upon it until now is not clear at all.
They have said they want to get it just right and the coin was not ready for release and others agreed. I am presuming that includes exchanges feedback, with out comments on the acceptance and negotiating there is nothing definitive I can find to clarify anything re exchange listings chatter.
The exchange listing seems to be the number one question with Cred CX owners.
~CODE~
We did not see any new code commits to the official github. Reginald Gaines created the first cryptonote fork 2 years ago.
Forked from Appinvestocred and is found here: https://github.com/CreditsCryptocurrency/cred-1
Appinvestor Reginald Gaines aka Appinvestor a seemingly abandoned github account that points to a now defunct domain and email, attached to a Business "AppInvestor.Co Inc"
Seattle Wa USA
[[email protected]](mailto:[email protected])
http://www.appinvestor.co/
We do see the blockchain project for Cred CX "CRED-1" was updated 6 months ago on or about the time Reginald Gaines was last known to be developing for Credits LLC.
Reginald Gaines was known by me to have been paid by the founders based on past phone conversations,
In fact I advised founder Luke to cut him loose as he was at the time failing to deliver as contracted and development of the blockchain rested solely with him. He was holding the project up and I advised Luke to not be held hostage by a prepaid contractor and take the loss and move on quickly. Last conversation I had with him about it in Feb 2018 he reported to me that he had candidates lined up to replace him.
Mobile apps:
Bidhan Baral Co founder of Technojagat.com is said to be responsible for the android and iOS apps. We are not certain that what Bidhan and or others @ Credits in collaboration have released is a cryptocurrency / blockchain wallet. On Andorid the back end is served by firebase.google.com
Firebase is built on Google infrastructure and scales automatically, for even the largest apps.
Firebase is not a open distributed ledger aka blockchain. Credits plans to include a credits run private (in app) auth network in tandem with an actual open distributed ledger. How they have implemented this is unknown.
App Store Preview gives it a 5 out of 5 out of 8 Ratings currently.
The current progress report is minor setbacks re the mobile miner. No reports on any Windows, Mac, Linux wallets, or mining pools. As for as we know there is no published list of mining nodes or if code exist for "testnet" and or actual mining.
We have seen no community activity among miners to create their own pools to Mine Cred CX and there are literally billions that need to be mined.
What kind of computing infrastructure is Cred CX relying on in the future or have already deployed the blockchain on, who are the service providers, they are part and parcel to a healthy "ecosystem" who are the supply partners?
I am not convinced that withholding details about logical questions asked of a blockchain company start up, or not, is good for business.
The current advertised CTO @ Credits.energy is Justin Farmer, he has a previous private relationship with Rick Floyd CEO before both of them came to Credits.energy executive team.
He has been the chief technical officer according to the website since approx mid March of 2018...?
Justin's code developments or those of others he is in charge of as CTO appear to be one of the most closely guarded secrets about Credits LLC's coin Cred CX's development, just as much as fundraising data and operations.
Although this is not a secret many people do not know about the webwallet (https://wallet.credits.energy/) that is believe to be in part coded by Justin and Bindam. There are no verifiable details know to me. It is the code that I can reference as proof of development and evidence of an accomplishment task as set forth in the companies whitepaper... We do not beieve it is a webinterface to an actual blockchain but the same corporate ledger as is found in firebase.google.com that drives the android app.
Why Credits LLC Cred CX did not update github over most of the life of this opensource code based project has no official explanation as far as we are aware. Why they have not released where the development logs and code are is a mystery to us.
We have to presume that there are in fact those things some where. Both developmentally as is financially this companies ICO has been anything but transparent where it matters most.
Lastly on the subject of this topic heading is Steven Crider the Sr. Product Analyst is hoped to be in a position to provide his analysis on the product.
~GREEN ENERGY~
"Kendra" highlights the relationship between Credits (CRED - CX) and renewable energy.
https://www.youtube.com/watch?v=YjSKSKMeK0k - Published on 2 May 2018
^^That is pretty much all of what some know regarding aabout Cred CX and how it support green energy.
Last know relationship building with green energy groups was focused on Denver area associations.
A Missed speaking engagement.
Former acting CEO and Credits LLC's founder Mr. Ingraham was said to have be confirmed as speaking on March 13th at Solar Power Mountain West about how Credits LLC via Cred CX is incorporating blockchain technology into the renewable energy sector. Mr. Ingraham was not able to attend that conference @ Colorado Solar Energy Industries Association (COSEIA). Since that time there has been no updates regarding green energy relationships or building a community of interested parties in the purported solar energy project on the outskirts of Denver Colorado.
With out a doubt the real world clean or green energy producing project is the most significantly complex and challenging part for Credits LLC and it's Cryptocurrency with a purpose .
It seems that Jared Wells has the best publicly documented insight on how credits is actually thinking in part what they are achieving in what can be called a Green energy Cypto Currency - A Crypto with a purpose.
"Credits.Energy, the “crypto with a mobile mining app that supports green energy,” aims to virtually eliminate the cost of supporting renewable energy. We asked Credits.Energy COO, Jared Wells, to explain what the current barri-ers to entry are in the renewable energy market:
“Mainstream adoption of solar and wind power is all about efficiency. Obviously, if I put a solar panel on my house, I need batteries to harness that power overnight, charge controllers to manage wattage and voltage, and a way to integrate that energy into the power system. These same basic components are required whether you have 1 panel or 400 panels . . . 1 turbine or 50 turbines. . . . So while the overall cost per watt in the solar and wind power har-nessing platform decreases incrementally by increasing the number of generation components involved in the sys-tem, it is inversely more expensive per unit of electricity to implement the smaller scale systems that can be afford-ed by an individual homeowner. In addition to that, there are so many people who live in leased or rented housing and are unable to attach solar panels or wind generators to their residences or who maybe just can’t afford to have their own system....
Credits.Energy intends to resolve this problem by allowing for simple purchasing and management of the CRED cryp-tocurrency token through their intuitive website and mobile applications. "
Source: https://cryptogo.news/2018/04/21/pr-green-energy-crypto-credits-energy-ico-is-now-live/
Google search: Credits.Energy ICO is now live Jared wells
As it is with the CEO, CFO, CTO, and Developers, Operations @ Credits has very little shared data on the strides taken to invest into a green energy project/s on the outskirts of Denver Colorado. The location of the Solar Project remains undisclosed. There has been no comments by the COO Jared or press releases with regards to acquisitions, investment or strategic partnerships with any Green energy related entities to date.
Participants in this ICO who participated based on the green energy components are due for a long anticipated report on how their investment and purchases have contributed to green energy, the environment and how it has helped the Cred CX ecosystem" and various charities.
~Community and Ecosystem~
Other than this reddit and the Facebook & Twitter pages Credits does not have a perceptible community.
Some cryptonote forks attract anaon coin investors, cryptopunks, miners etc. As there is know known blockchain and wallet / node / miner for Cred CX it is no surprise they have not joined our ranks as of yet. There is always the future.
Adoption and traction take time and delivering open source software tools to the community to create an ecosystem / auth network and mine the coins as reward for participation in the auth network. Potentially billions and billions of of hashes waiting to make this a viable anaon coin.
As for Ecosystem there is none that we can speak of. One can use the apps or webwallet to send and receive in app tokens. The functionality is only extended to include the ability to send a one line note. We have not tested to see what is the character limit is or if it is encrypted and will be recorded on the immutable open ledger.
So as a community, or one on one, holders I suppose could use it as a message or note app. It would "cost" you 1 Cred CX per as many characters you can write in the line space provided.
Although Cred CX is as said as being based on cryptonotes cryptonight algorithm it shares the note feature.
XDN has built a solid cryptonote enterprise on this one feature. Cred CX is it's sibling technically speaking.
"DigitalNote XDN is a decentralized private cryptocurrency. It is based on CryptoNote anonymous technology and has a unique untraceable encrypted messaging system with blockchain based staking for a defined period." https://digitalnote.biz/
There is always a bright side and we hope Cred CX will come into that as soon as is possible. DigitalNote XDN had a name change and a history that had it reinvent it's self several times...
About DigitalNote XDN
Formerly known as DarkNote XDN
Formerly known as duckNote XDN
As you can see they have had some stormy seas and needing to "right the ship". The question is how is Cred CX navigating those waters?
"May 30, 2014 — day of the first XDN block"
We have been long waiting and anticipating the announcement of Cred CX first block announcement.
With a new cryptocurrency the first block mined is like the fist minting of a new coin in metal. It is generally a celebrated event and anniversary date.
Accounts...
It is unclear how one deletes or closes out their accounts.
Example in the case of refunds. Do you send them back their Cred CX using the convenient email address feature they sent it from and use the Note space to file an invoice / refund? After that is settled how does one close the account out for good. How does one close an account or in cypto speak burn their coins with proof (on the open blockchain).
Not being able to transfer off app has left Cred CX use limited to, limited in app only functionality.
I have not ever seen any press or pr promoting this feature alone.
A community of testers would have really helped. No group feed back forum was used including this the reddit group. That leads us to...
~ PR / IR / Social Media ~
Very little evidence of a concerted social media campaign/s Relative new comer to the Credit's team is Torin Tostanoski the "Social Media Strategist". The strategy seems to be that less is more in the way of social media and customer relations / support.
As was pointed out to me in analysis of this aspect of this ICO was that one could have looked at the youtube channel and some have said it speaks volumes perhaps even enough to make an informed decision to pass on Cred CX - https://www.youtube.com/channel/UChi2qFyDx5mynP52lTjDRLQ
Stats
Joined Jan 16, 2018
162 views
0 Comments
VIDEOS: Uploads 1 title "Credits Cryptocurrency & Platform" 162 views 6 months ago
It appears to be abandoned. Rick Floyd has a youtube Chanel set up for credits but the original "official" youtube account is inactive for over 6 months now....
Bitcointalk.org - Good news they created a Topic for Cred CX there. A powerful creditable account and community to have a voice in as an ICO, trader, miner. Minimal activity on the content and any substantial information shared has given no cause for exposure to arguably an ICO's best source of support in all things cryptocurrency. It is a market place for ideas and collaboration as well as investment and traders. See: https://bitcointalk.org/index.php?topic=3086671.20
Most PR was done in the form of paid for press releases and they where picked up and syndicated on crypto centric investments aka ICO's and technology blogs. I do not know of the effectiveness of the paid adwords and facebook ads. Facebook delivered a blow to all ICO's this year with a change in policy.
Many holders of Cred CX are baffled by the choice to not improve Credits social media presence and reach. As it is, it remains a decidedly non communicative, non transparent ICO on this front as well.
With some issues in its executive ranks, lacklustre ICO participation, and very little to report regarding progress some might think it not surprising to have a policy that seems to be based on one of silence is golden.
~WHERE ARE WE AT?~
The issue is at this point very, very, basic: Where are our cryptonote blockchain tokens / coined as Cred CX?
What many holders in the public do not know is they do not need an exchange or mobile app with a mobile miner to hold the coins and exchange them. We have yet to see code written by them for the actual blockchain.
There are mobile apps and a webwallet. OK.
Where are Windows, OSX, and Linux wallets and miners? Where are Cred CX testnet/s? and the credits internal node network? Who has been recruiting or building a mining pool?
This reddit should be abuzz with posts about such things and @ Bitcointalk.org
The last update on twitter after a full calendar month of no updates @ credits.energy we hear that there are minor set backs and re the mobile mining feature. That could very well may be. It is understandable to have compliance issues both technical and policy, to not ever reference technical or policy data is a red flag for many.
It also does not explain why a mobile platform with an off app network cannot not give us our hashes, our coins on an immutable ledger aka blockchain. Cred CX Cryptocurrency a cryptonote fork is an anonymous coin by default. Transactions on the apps and on credits internal auth network are not truly anon, and require the public open blockchain for distributed off credits network authentications of transactions for them to be so.
We have not been given it. When looking at credchain.org (<--- Hint the foundation that is or is not?) it redirects to credits.energy.
The chain explorer is not publicly active nor is the source code for anything as far as we can see other than the github - Last updated 6 months ago... It is a fork (a copy for those who might not know what a fork is) - no development code or update to or of code have been committed to the projects opensource software repository as advertised on the website.
How is the premine going? Is it started or over? Where are the cryptonotes coined and mined as Cred CX?
Do I need a mobile app with mining features to use my cryptonote wallet, no, no one does. So if a "feature" is what the project hangs on that is a red flag.
A quick way Cred CX could be made viable and live right now is like this:
MyMonero is the only web wallet for Monero. It is operated and owned by Riccardo Spagni, who is one of the lead Monero developers.
The wallet works like any account. You create an account and can login online to access your funds. MyMonero only encrypts your keys and stores the data on its servers. It cannot access your funds.
See https://mymonero.com/ for a live example
Monero Desktop Wallet
The best and only Monero desktop wallet is the official client which is a full node.
It can be downloaded from the official Monero website.
Credits position:
"...crypto with a mobile mining app..." A Crypto. A mobile mining app. One does not need a mobile mining "feature" in an app for there to be a coin or crypto wallet, in fact it is quite the opposite in certain respects. "Technicalities"
---------------------------------------------------------------------------------------------------
So set backs as of August 2018... We have no progress reports we just have our own ongoing independent analysis.
I hope this has been helpful to the community. Your feed back is welcomed.
If you have questions or concerns feel free to post here. Start a new topic.
I am certain there are other things people can share here that would be of a benefit to the community as small as it may be at the moment.
Supporters and fans of Cred CX are welcomed to share what good news the have and what inspires their enthusiasm and support for Cred CX. COME WAVE THE GREEN FLAGS FOR CRED (CX)
We are looking into sponsoring a Cred CX airdrop and give aways! Tell your Friends :-)
We hope for the best and truly want to see the CRED CX coin succeed
"Stay tuned" here for more in depth reports and analysis on (Cred) (CX)
John
submitted by e-networkassociates to CreditsCryptocurrency [link] [comments]

We need to break up the unholy alliance between the Chinese miners and Core / Blockstream.

We signed up for a grand experiment that would be controlled by math and not by men.
Now we've had a year where the community is coming apart at the seams and today top dev Mike Hearn is selling his coins and abandoning the project.
Are we going to let Bitcoin be killed by 10 miners with cheap electricity & cooling behind the Great Firewall of China and a private company which wants to cripple our code by limiting space on the blockchain and adding double-spends and high fees?
I'm really trying seriously here to put my finger on the main problems that are causing this whole Bitcoin thing to spin out of control.
I think the two biggest problems are:
(1) the concentration of most hashpower behind the Great Firewall of China,
(2) allowing Blockstream to hijack Satoshi's codebase, so that they could:
...both of which are essential for their flagship vaporware product Lightning Network.
Analyzing these two problems in more detail:
(1) Most hashpower is behind the Great Firewall of China
Most hashpower is concentrated in China, behind what is essentially a network partition (or at least a major speed bump) on the global network topology: the Great Firewall of China.
So if blocks got really big, the miners outside of China might actually suffer more, not the miners inside China (who have pretty decent bandwidth amongst themselves).
(If you've already heard a million times about US jobs being exported to China, you can skip down to the next section - the short section starting with a sentence in bold saying "Wouldn't it be ironic...").
Now for a bit of economic background that most people know but I wanted to just review it here.
As we know, countries such as the USA used to have a solid domestic manufacturing base. But then the power elite in the USA discovered that it was easier to fire more-expensive US workers and let underpaid Chinese workers breathing smog produce cheaper (ie, lower-price and often lower-quality) versions of those same goods - and then the Fed could just print up unlimited little pieces of paper (fiat US Dollars) to import all that stuff to the USA.
Paying workers decent wages and keeping the air breathable would have been expensive, but the Chinese have evidently shown they're fine with sacrificing those things.
So now:
Anyways, most people know about this outsourcing and money-printing situation I've just described, but I mentioned it here as a lead-in to suggest a weird ironic point about mining in China (in bold at the start of the next, short section below).
As we also know, the world finally has real money now: Bitcoin.
It's "real" because it's not infinitely printable by private central bankers who inject it into the economy as usurious debt, and because, like gold, its value doesn't depend on any "counterparty": you simply hold your value yourself, and verify it yourself - assuming you have enough bandwidth to run a full a/k/a verifying node.
So, I'll finally give the weird ironic point I've been building up to:
Wouldn't it be ironic if - now that we finally have "real", quality money - we let its "manufacturing" (issuance, mining) be outsourced to China?
Because that looks like what we've actually been doing here.
Plus, maybe in some un-apparent, heretofore un-considered sense, the Great Firewall of China really might be the ultimate form of "capital control".
Forget all those articles you read on ZeroHedge about billions about dollars being smuggled out of China via Macau, with people strapping little bundles of cash to their bodies under their clothes:
http://www.zerohedge.com/news/2014-03-15/how-smuggle-money-out-china
What if the real massive hemorrhaging of capital which the Chinese authorities are worried about is Bitcoin itself - and what if that's the main reason why they're gonna make sure they keep the Great Firewall of China in place - to keep billions (and maybe someday trillions?) of dollars in Bitcoins inside China?
I don't think Satoshi took the Great Firewall of China into account in his planning. I think he just assumed there would be one globally connected internet, with no top-level partitions.
So here's some things to think about:
  • From what I'm told, the Chinese work hard and they're wild about saving money - they have trillions of dollars in T-Bills, and a lot of them are into gold. In the aggregate, the country is swimming in various forms of wealth.
  • Also: their government has strict capital controls in place to try to prevent people from expatriating vast sums of wealth out of China.
  • And finally: many Chinese want real money. They know the dollar or the yuan could crash, so they want something which has no counterparty risk (like gold or bitcoin).
So I'd be curious to know who the buyers really are for all the bitcoins currently being "cheaply" manufactured in China.
Do bitcoins mined in China stay in China - or do they get sold to the rest of the world?
I would guess that most early Bitcoin adopters with large hodlings who got in when it was really cheap were probably Westerners (assuming that early news about Bitcoin was more available in the West).
But now, while Bitcoin is "still" in the USD 400s (which could be cheap, if it survives long-term) - I wonder who the main buyers are these days?
Is it people like Blythe Masters and other bankers who are sitting on billions of USD - or is it the Chinese who are also sitting on billions of USD as well? (Or: Why not both?)
One group I'm pretty sure isn't buying up lots of bitcoins: "average Americans".
Why? Because they're too broke.
Since Nixon unlinked the USDollar from gold im 1971, Americans have been getting screwed by insidious inflation and all the debt bubbles which formed around all the essentials in life (the housing debt bubble, the student loan debt bubble, the healthcare and pharma debt bubble, and the credit bubble which fuels all the others). Most Americans don't have enough cash to survive for more than a few weeks, and most can't even afford to take sick days or parental leave from work. The only people who have money are the ones near the printing presses: the bankers and their buddies.
There's certainly massive volume on several of the Chinese exchanges - although most people over on /BitcoinMarkets claim that it's all "faked" (mainly because there's no fees on those exchanges, so a lot of those trades could be "wash trades").
So, maybe the Chinese themselves are actually buying up a lot of those freshly-mined bitcoins, in China, using the trillions of dollars of T-Bills sloshing around in their system over there?
(And remember where those T-Bills ultimately came from: US Dollars which the USA printed up to buy cheap goods produced by Chinese slaves breathing smog.)
So - and here's my point again:
Wouldn't it be ironic - now that the world finally has real, quality money - if we were actually currently outsourcing all of its production to China - and they (plus a handful of scattered bankers) are the ones who all buying up the first real asset the world has ever known, during its current "mid-priced" phase?
(2) Core / Blockstream / Peter Todd / Theymos / max blocksize / RBF / LN
Where to begin? I'm sure you all know the story. Just a few reminders about RBF terminology:
(a) There are two orthogonal "axes" or "dimensions" to the whole RBF terminology (but some people get this wrong - I have no idea if it's intentionally or accidentally):
  • "Opt-In" vs "On-By-Default": This means what it says: for each transaction, you either enable RBF, or you don't:
    • "Opt-In" means the sender has to enable RBF for a particular transaction (ie: it's off-by-default)
    • "On-By-Default" would mean that RBF is "always on" but the sender could disable it for a particular transaction.
  • "Full" vs "FSS":
    • "Full" means the sender can change everything about the transaction: not only the fee but also the amount and the recipient.
    • "FSS" stands for "First Seen Safe" (by the way, where do the pinheads over at Core even get this retarded non-descriptive terminology anyways: FSS, RBF??). FSS means that the sender can alter only the fee - the amount and the recipient cannot be changed.
So, which combo of the above is Peter Todd / Core currently trying to force on users?
Opt-In Full RBF
I reviewed the terminology here to pre-emptively shut up the liars who often pop into these threads spreading FUD like "But it's only Opt-In so it's not really Full".
That is simply wrong and I'm tired of them conflating those two orthogonal (ie independent) dimensions of the terminology.
And oh yeah, another thing: I have heard plenty of rumors that the long-term plan (from the traitors at Core / Blockstream) is to eventually (stealthily) force the worst form of RBF on everyone:
On-By-Default Full RBF
But that will come later - once the frogs being slowly boiled (us, the victims of Blockstream's hijacking of Satoshi's code) have gradually gotten acclimated to "Opt-In Full RBF".
Anyways, now that that's out of the way, let's talk about some other things regarding RBF:
Yes we know, we know: Peter is "merely" adding something which any hacker or malicious user could have added anyways (if they modded the code, or if they tried really hard to misuse it).
But there's plenty of stuff which anybody do by modding the code.
For example - anyone could change the code so that it accepts a different block size. (In fact, BU is mainly about making this easy for users - instead of making double-spending easy for users like RBF does.)
So the "convenience barrier" is an important factor helping shape what most users do with the code. If a feature isn't already in the code, most users don't bother modding the C/C++ code and recompiling it and adding it. (Which is one reason why zero-conf has worked pretty well for so long - another reason being that in face-to-face retail, the retailer kinda does KYC already - ie, they literally "know their customer" to a certain degree - so certain social pressures and norms such as reputation do come into play - but Peter Todd doesn't really believe in those things, as we know.)
Now, Theymos / Core / Blockstream keep screaming that it would be taboo to mod the code so that it would accept bigger blocks.
But when Blockstream wants mod the code so that it allows double-spending unconfirmed transactions - well, in it goes.
That's because the real reason they're so gung-ho to get Full RBF added is because LN needs Full RBF in order to be able to work.
So... when certain people say "we need to allow confused users to be able to unstuck their transactions", they're lying.
The liars at Blockstream don't care about users, and they don't care about miners. They want to rip off users (making them pay massive fees for space on an artificially tiny blockchain) and then in a double-whammy they want to rip off miners as well (stealing fees from those miners, via LN).
Attention Bitcoin users and miners: Core / Blockstream don't care about you, and they're willing to lie to you in order to rip you off.
As Mike Hearn mentioned in his farewell essay today, Blockstream CTO Gregory Maxwell once "mathematically proved" that Bitcoin could not exist.
And Blockstream founder Adam Back missed the boat on being an early adopter of Bitcoin, because when he first heard about it years ago, he also didn't think it would work.
And the gullible Chinese miners are running software from these liars at Blockstream who don't believe in Bitcoin who are sabotaging Satoshi's code to decrease user adoption (and price)) and eventually steal miners' fees. If miners continue to blindly follow Core / Blockstream, it's going to hurt the miners themselves.
The Nine Miners of China: "Core is a red herring. Miners have alternative code they can run today that will solve the problem. Choosing not to run it is their fault, and could leave them with warehouses full of expensive heating units and income paid in worthless coins." – tsontar
https://np.reddit.com/btc/comments/3xhejm/the_nine_miners_of_china_core_is_a_red_herring/
And users who are still gullible enough to adopt a decentralized currency and then read about it on centralized censored forums controlled by some dweeb named Theymos are also going along with this.
Anyways, that's my rant for today.
Summary / Conclusions - plus a possible "nuclear" option (see the bold part below!)
The main obstacles which Bitcoin needs to get around now are:
  • the concentration of hashpower behind the Great Firewall in China
  • the adoption of Peter Todd's RBF which would provide a GUI telling users they can and should double-spend or reverse transactions which haven't been confirmed on the blockchain yet
  • allowing Core / Blockstream to artificially limit space on the blockchain - which drives up user fees, clogs the network, and supports their LN vaporware (which would also steal fees from miners)
  • if you signed up for a decentralized permissionless currency and you're happy to read about it on a centralized censored website owned by Theymos (/bitcoin, bitcointalk.org), then you're doing it wrong.
These things were not what Satoshi envisioned, and I suggest we focus on trying to figure out how to get around them.
Solutions which de-emphasize the importance of Chinese miners might be important. If their blind obedience to Core / Blockstream is one of the main factors killing Bitcoin, then why should we protect them?
Maybe if we're going to hard-fork, we shouldn't just bump up the max blocksize - maybe we should also invoke the nuclear option and change the PoW algorithm to bump the Chinese miners off the network.
Because, the whole story about needing small blocks "so that Luke-Jr with his shitty internet can stay on the network" is another lie being peddled by Blockstream.
The real reason was identified by Gavin:
"The physical bottleneck on the network today is not bandwidth to people's homes, it is the Great Firewall of China."
https://np.reddit.com/btc/comments/40kmny/bitpays_adaptive_block_size_limit_is_my_favorite/
So, if the Chinese are willing to throw Bitcoin under the bus for their short-term profits (and Core / Blockstream currently helping them).. then maybe we should be willing to throw the Chinese miners under the bus now for the long-term success of Bitcoin.
And, regarding Core / Blockstream, I we're actually making good progress towards routing around their damage - because if coders don't give users the code they want, those coders eventually get left by the wayside - and this is starting to happen now.
We already have several repos, (Classic, BU, XT) all of which will add some form of "max blocksize" increase. I wouldn't be surprised if some of those repos might also decide to omit RBF.
The new Bitcoin repos can easily cherry-pick features from "Core" which they did and didn't like - and they're going to have to compete to gain users.
So "max blocksize" is definitely going to increase.
And RBF could be abandoned in the garbage heap of history, another curious bit of vandalism which gave Peter Todd another 15 minutes of fame and drama, and then the rest of the world moved on and got back to business.
And finally, regarding Theymos: he's gonna lose his power eventually. He's already lost a lot. Plus he's sloppy and careless and one of his screw-ups will eventually be his undoing.
In the meantime, remember that it's easy to route around him on Reddit, by using a multi:
https://np.reddit.com/Bitcoin+bitcoinxt+bitcoin_uncensored+btc/
submitted by ydtm to btc [link] [comments]

FINATCH: A UNIQUE CRYPTOCURRENCY EXCHANGE PLATFORM THAT EVERY TRADER DESERVES.

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i. FINATCH supports quick, fork-less consensus through Fault Tolerance (FT), which supports Byzantine Fault Tolerance (BFT).
ii. When participating in a blockchain network, transactions are verified and secured through PKI-based authentication.
iii. The FINATCH Project is proud to be backed by some of the most notable blockchain players, traditional Venture Capitalists, and executives from some of the World's largest technology companies.
iv. Also, faster consensus becomes possible by putting multiple nodes with mutual trust into one group based on FT.
https://preview.redd.it/6f3t00g482a21.jpg?width=999&format=pjpg&auto=webp&s=33512b864ae66091fb2043771cbf8dc01049621e

FIN COIN
FIN Coin is a decentralized cryptocurrency based on FINATCH. It is the local based cryptocurrency of FINATCH Blockchain. FIN Coins are cryptographic software tokens used to engage with distributed applications (DApps) and smart contracts on the FINATCH Platform. FIN Coins will serve as the staking currency of the FINATCH blockchain and fuel computational operations performed by the FINATCH network.
https://preview.redd.it/369qo58682a21.jpg?width=885&format=pjpg&auto=webp&s=c04c5100679d20dfa46cff804946c9e6eb68955d

THE SPECIFICATION OF FIN COIN

Total Supply: 952.5M FIN
Block Target: 3-15 seconds
Stake Return: ~5 FIN Coin
Algorithm: Scrypt PoW/PoS and FT
Total Pre-Mined Supply: 200M FIN
The pre-mined coins will be allocated as described in the picture below:
https://preview.redd.it/mtw9vl7a82a21.jpg?width=905&format=pjpg&auto=webp&s=f182365dad569c72d2ad94a0edfe69ffa954e83c
\* Please note that; no ICO or Pre-ICO will take place for this project as 50% of the pre-mined coins will be distributed to the general public via Airdrops and Bounty Programs.*


ROADMAP

By definition, Roadmap is a plan or strategy intended to achieve a particular goal. That is to say the FINATCH Roadmap is step-by-step means by which the mission of the project is to be fully achieved.
Below is a pictorial representation of the FINATCH Roadmap:
https://preview.redd.it/r5hxxmae82a21.jpg?width=807&format=pjpg&auto=webp&s=f5a083ec65ced8cdc7ad78645bc1445c9605bd81
https://preview.redd.it/vlw1wjff82a21.jpg?width=803&format=pjpg&auto=webp&s=efb92a52b3798e5924d0f5e5d18e965d4aab5d83
https://preview.redd.it/621dgw9h82a21.jpg?width=808&format=pjpg&auto=webp&s=f81f89a00dfd4fafc6bf8877de28f822cfb6fa2c

CONCLUSION

Rest assured, FINATCH aims to cater to the casual trader who needs an easy to navigate platform. At the same time, FINATCH will provide powered-up, cutting-edge features for professional traders who require the full range of earning more, decision making and fundamentals information at their fingertips.
Key in now into the FINATCH Exchange project to trade top currencies in a unique and welcoming environment, discover promising new projects and ask or give advice in a community focused on creating a bright future for everyone! Become part of the FINATCH community and be a FIN token holder now that the price is still very cheap to afford for everyone.

https://preview.redd.it/90cp4zyj82a21.jpg?width=503&format=pjpg&auto=webp&s=1a491c1a24da0a6b6d20ae1ca5dd5e1bfb0ff5e8

Get connected anytime with the Project using the links below for more information, updates and participation:
WEBSITE: https://finatch.com/
EXCHANGE: https://trading.finatch.com/
ANN THREAD: https://bitcointalk.org/index.php?topic=5082716.new#new
TWITTER: https://twitter.com/FinatchInc
GITHUB: https://github.com/Finatch

https://preview.redd.it/1s1p81gl82a21.jpg?width=1209&format=pjpg&auto=webp&s=620cf4a3819a5f494095f18b585ddb1e01a3d028



WRITER'S DETAILS
BitcoinTalk Username: cryptoblezin
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2178561;sa=summary
ETH Address: 0xC89b8Dd7e3E137DB108575EeAe301E52b6C72d9F
submitted by blessingsdrop to ICOAnalysis [link] [comments]

Transcript of George Webb Video Series Part 294 "Hillary's Leakers, Hackers, and Henchmen" [@Georgwebb / #HRCRatline]

  • Day 152.4. Rothschild Weather Machine? No, But OPIR? - YouTube
    • Its day 152 this is part 4 you probably can't see it
    • But it's actually snowing here on the first day of spring here in Washington DC
    • Of course last night some people say Tucker was making fun of me, we don't know
    • But they were talking about the Rothschild you can see maybe the snowflakes bouncing off my hand here, that the Rothschilds have weather machine here in DC
    • Anyway this supposedly this City Councilman--I don't know if you could see that or not--the City Councilman was saying somehow the Rothschilds were controlling the weather
    • And I don't know if it was a spoof on me or not
    • But I will say this we did point out that there was a Suzanne Rothschild in Aurora Colorado that was involved with a company for overhead persistent inter infrared radar, which is very helpful if you have a seismic event
    • You can see the escaping gases, and it helps you find out where there's gas and oil
    • Rothchilds being involved in oil
    • But if you haven't seen the segment Tucker says that's my city councilman--
    • And he calls this Mark Stein guy who occasionally comments
    • And I don't know if it sees English or Australian or whatever
    • But he goes oh yes taka taka of course that's when they were short on cash in 29 they bought the weather machine teka it's really a Jewish conspiracy
    • It's gefelte fish they're cornering the market
    • Anyway it was one of those moments where you go back for the rest of your life you'll go back thousands and thousands of times you'll watch that segment between Tucker and Mark Steyn, which brings us back to us which is we just put out the facts
    • Hey Suzanne Rothschilds involved in a satellite company in Aurora Colorado overhead persistent internet infrared radar which sees through clouds like we have today
    • I'm not saying there's a Rothschild weather machine
    • But I am saying there is a Suzanne Rothschild involved in overhead persistent infrared radar in Aurora Colorado
  • Day 152.5. Rothschild Weather Machines Aren’t Cheap - YouTube
    • It's day 152 this is part five I think you can
    • Now, see that the rothschild weather machine is working
    • As investors we're very happy.
    • This has worked out well for us
    • It's it's a culmination of a long dream
    • And this doesn't happen just by itself you have to have dedicated professionals
    • People who really come to work every day with one intent in mind
    • And that is to make it snow on the first day of spring
    • {{ 911: so funny George }}
  • Day 153.1 Q Posts MZ and RT - Is That MBZ and RT? - YouTube
    • Ok it's Day 153
    • And I just saw this post from Q I don't usually talk about Q very often
    • But I saw this MZ and RT
    • And I immediately thought of MBZ Mercedes Benz who's the weapons minister for UAE and Rex Tillerson
    • And leaving the phones at the door usually means you're going into a SCIF
    • And there's a lots of people eight people
    • Usually political people being normally the Intelligence Committee--the gang of eight
    • Or four or five people usually
    • Dianne Feinstein would be on one side from the Senate, Schumer
    • From the house side you'd have Schiff and you'd also have Devin Nunes, that sort of thing
    • Former Intel director could be like a Rogers from NSA or one of the other ones like NGA or NRO or it could be Clapper
    • But for me IDEN has always been a mixture of radio like push-to-talk type radio and then phone
    • And for those not familiar with it, I can I can talk about that later
    • But here is just ID
    • And here's some of the items owns that it's kind of both a phone and a radio
    • What you can do is trunk the radio traffic, so I can talk from here in Washington DC somebody in Pakistan on the on the Kashmir border
    • And most of the traffic goes through a line all the way around the world
    • And then the radio frequency is only done by a repeater here at the very end to my little network of drug traffickers or Saipov truckers to drive in Uranium around
    • So here's here's just the feature called moto talk it's a part of Motorola Iden
    • And there's lots of different satellite networks to choose from
    • But this one here's international satellite services--it's almost Isis--or right out they don't even hide it
    • And if you're running this stuff from Mike the Navy Yard--
    • This was interesting because I always look to the Navy in these situations
    • Anyway Richard Spencer is the current Secretary of the Navy, right here. Born in Wyoming
    • But I looked at this previous guy, who was kind of like a old Clinton
    • He was a governor of Mississippi
    • But then he became started running Navy during Barack Obama's time
    • And I think Mabus here is going to become more a part of our story in terms of running this communications network that we're talking about
    • He was on it was on his watch where we had the shooting in 2013 at the Navy Yard
    • So we'll just put Mabus in the background here
  • Day 153.2 Drug For Weapons UAE Hates Above Board Trump - YouTube
    • It's Day 153 this is part two
    • And as I explained in my last video this MBZ guy is the kind of weapons minister for UAE
    • He's been selling containerized weapon systems through the port of Canaveral in Florida
    • This is the [[Project Pelican]]
    • So I have a container I have a guy here with a containerized weapons business out of the port of canaveral we know that
    • So where does he do his deals?
    • Well he doesn't in Las Vegas
    • Here's his ambassador right here doing Dumbo drops of girls doing drugs for weapons deals in Las Vegas at the hotel on the 37th floor of the Four Seasons
    • So I just see that as drugs for weapon structure weapons drugs for weapons
    • And then I look at it again, and I say drugs for weapons
    • So how does it get from China Lake how do the weapons
    • And drugs move around I would use an algorithm a secure crypt cryptographic algorithm to do that
    • I would use the Tao tailored access unit inside of our NSA to do those communications
    • I would have like a Mike Rogers or somebody help manage to that communications
    • And I would use the China Lake
    • And over here I would use this missile right here or something like that accoutrements of this missile
    • There's all kinds of things that they in weapons testing that they have
    • Energetics forms test platforms test apparatus there's all kinds of things going back
    • And forth between NAVAIR where this stuff is tested
    • And the firing ranges...so you can have constant traffic
    • And just in dealing with the folks at NAVSEA at NAVAIR
    • I can just tell you this is where the it's always where the darkest weapons are is where the drugs are
    • I don't know why that is
    • But it just is Dow And DuPont Dow DuPont Dow and DuPont
    • And again, how does Martin Rashad Amad Moore Butler whoever else get to run this thing with no experience--
    • I'm not saying he's involved in the drugs for weapons drugs for weapons drugs for weapons
    • But I am saying: how does a guy like that has no military experience, end up running this a huge program for NAVAIR?
    • There's going to be a similar person NAVSEA
    • So again, here's a person Trump is at the White House today talking about an eight hundred billion dollar deal today with Saudi Arabia for weapons
    • And saying we're not going to do Isis weapons anymore
    • That's directly goring this guy's ox--MBZ's ox is getting gored
    • If you were Nancy Pelosi or if you were Feinstein, wouldn't you call MBZ up and say, "hey let's get over there to the White House and talk to our people, get Trump to reconsider, and cut us back into this business"
    • If Trump closes down the golf teen or business and the Gulftainer report: there goes all a Club K business
    • He closes this down and he closes down that secured algorithm for our communications for Navy, and we're totally cut out of the business
    • So again, I go with Braverman saying "follow the money"
    • Don't follow people who
    • Q to me is somebody who runs the ball toward the goal line when he gets about of the 20-yard line he runs into the hotdog stand
    • He's what they call a white rabbit in the Intelligence business
    • I'm not saying it's Steve Pieczenik, I didn't I never said it was Steve Pieczenik
    • But I'm just saying that's Steve Pieczenik's MO as well, is run to the 20-yard line., all the fans are cheering, and then you run out of the stadium and you go get a hot dog
    • And you keep doing that over and over to divert people away from the truth here, which is:
    • MBZ was shipping weapons to Isis for our Secretary of the Navy--The guy I just talked to that Mohar guy--and Hillary
    • That's just the bottom line that's the honest truth
    • And everything that you've collected in terms of data tells you that
    • But for some reason people want to follow Q, and think it's Mark Zuckerberg
    • And when they drop the price of Facebook, they're just gonna sell short and buy it when it gets to the bottom
    • This is where the action is the king of Saudi or the Crown Prince of Saudi Arabia was in Oval Office today, talking about above the board's weapons business
    • Below the board's weapons business guys don't like that. Period
  • Day 153.3 Follow The S, Not the Q or the Z - YouTube
    • It's day 153 this is part three
    • And this morning's post I had the temerity to say MZ is not Mark Zuckerberg it's actually MBZ the key weapons buyer for UAE
    • And remember UAE is a funnel for all sorts of rogue nations, all over the world to buy weapons and as well as nuclear materials
    • So Pakistan and UAE really kind of one side of each is a different side of the same coin as far as nuclear materials from Pakistan, weapons from UAE
    • Encouraging states all over Africa, and the Middle East, Central Asia, to raise opium to pay for these weapons war trafficked in women
    • And sometimes even children to pay for that
    • And unfortunately now, more recently, unused organs that are no longer needed by prisoners
    • So this whole DynCorp kind of bouches down in the depths of bouches
    • Here's Rex Tillerson meeting with MBZ not that long ago in November 2016 right before Donald Trump takes office
    • A lot of folks think that at this conference here in Abu Dhabi that Tillerson had been the Shadow Secretary of State the last four years
    • So while Rex Tillerson was nominally the Secretary of State, we won't know until we actually see the Blackberries, see all the messages
    • But I really was encouraged when I saw this thing that Jason did with Dr. Corsi and Charles Ortel
    • Charles Ortel is an expert in this area
    • He knows this Saudi royal family he knows Trump is playing it above board with the Saudi royal family
    • Jason's done some excellent work on this Vegas stuff--that the whole place where all these deals are happening
    • All this drugs for weapons deals are happening
    • So it's it's, and Dr. Corsi has done a lot of great investigative work
    • And what I love about Dr. Corsi
    • He just comes in and just does a comprehensive a-to-z
    • I remember this when we were doing that the DNC--hack versus leak thing when I was sitting in the exact same chair that Charles is sitting in there in Dr.Corsi's library
    • And it's just so much less than I have to prove, when he comes in like this with this book that he has, "killing the deep state"
    • It's just such a beautiful it's like all that I don't have to worry about
    • Now, I can go to the edge, and thank you Dr. Corsi for such a beautiful thing
    • You haven't seen this thing it's two hours long
    • And it's good all the way at 57 minutes Charles mentions his knowledge of the royal family at about a minute 13 Charles she's me Dr. Corsi starts talking about some of the propaganda techniques
    • And the history and background of Muller
    • Now, he did duck this question about SES from Jason
    • Jason asked a very good question, he was kind of following up from Field McConnel
    • And what I've always said here is
    • And just an excellent interview question by Jason
    • There's this core, there's this DoD core that's been put in place to George Bush put that core in place at SES, which I call the SS?
    • Did George Bush push the SS inside the SES?
    • Create the SES for that exact reason, to kind of take over government with a DOD anointed core, rather than having general government servants come up through the ranks?
    • Well I think he did
    • And I think it's been that way since the very inception
    • And especially a DOJ, DoD, and DHS
    • So I want to keep concentrating there
    • So what's great about this interview...is now, I can go straight at that core
    • And so much of this stuff doesn't need to be proven
    • So get this book I recommend this book that's "killing the deep state" book by Dr. Corsi
    • Remember Q isn't talking to outsiders
    • He's talking to insiders he's talking to insiders that have seen messages going back and forth between Tillerson and somebody named MZ
    • Everyone is trying to get people to think MZ a Zuckerberg
    • MZ is MBZ you're the
    • What Q is trying to do is influence people who are insiders not outsiders
    • They're trying to get people who have seen the Intelligence
    • But haven't quite put all the Intelligence together on the inside, who've seen the messages that MZ is Zuckerberg not MBZ
  • Day 153.4 Trump Choosing MBS Over MBZ, More ShareBlue Projection - YouTube
    • It's day 153 this is part 4
    • And I'm going to make this experience clear as I possibly can
    • It's a decision between MBS here, the Crown Prince of Saudi Arabia, versus MBZ, one of the Seven Dwarves of the UAE
    • This being the biggest dwarf here MBZ
    • So it's MBS Crown Prince of Saudi Arabia
    • Or MBZ Crown Prince of Abu Dhabi
    • That's the choice here
    • The choice in the transaction is an aboveboard transaction you're being shown by the president an aboveboard transaction for both weapons systems here and other investments
    • One is a blue board
    • One's a yellow board
    • You're seeing the transaction right in front of your face right in front of your eyes right
    • Versus this meeting which is two days before the election with Rex Tillerson and MBZ
    • A covert cover for what the hell do we do if Trump wins this thing?
    • What do we do with our covert weapons business or our oil for weapons business?
    • And our drug for weapons business?
    • What the hell do we do?
    • Well we'll make you Secretary of State, you can just run underneath
    • Well that worked for about a year maybe a year and a half everything else
    • Mark Zuckerberg being brought in from the shadows...Cambridge Analytica
    • Cambridge Analytica Oh has been they try to make it into a English company
    • And I guess it is in some way
    • But here again, Andrew Thierrault the whole deep-dive crew at Share Blue are all the nuts and bolts of this
    • This is all Obama for America
    • Cambridge Analytica is all Obama for America
    • All deep dive targeting
    • This is what I sold four years ad-targeting profiles...
    • If you're gonna try to accuse Trump of... if Cambridge Analytica scraped 47 million profiles, you're gonna try to say that's what won Trump the election?
    • It's just yet another attempt at accusing Trump of something that you did!
    • They're just going down every crime committed they committed and accusing Trump of it
    • Cambridge Analytica is Obama's company
    • It's not Trump's company!
    • They probably spent--Dan Scavino probably spent about 300,000 bucks with with Facebook in Cambridge Analytica
    • They probably spent a lot more than that with Facebook directly
    • But Cambridge Analytica is the one that's great the profiles not Trump
  • Day 153.5. Overhead Persistent Infrared Radar - Wishing You Well - YouTube
    • Day 153 this is part five
    • Everyone here at overhead persistent radar, everyone,
    • I speak I think I speak for the OL the whole overhead persistent radar family, when we wish you a Merry Christmas
    • OH first day of spring oh sorry I got it
    • Yeah everyone here at overhead persistent radar imaging wants to wish you a very Merry Spring
    • Now, we do a lot of weapons testing in the China China China Lake area
    • And what happens is gaseous--trapped in our Earth's crust will be released
    • And we have overhead persistent radar
    • We can see that from satellite, even on cloudy days like today
    • We can find help you find the oil that you've been looking for on your land
    • Are you a farmer who's coveted the land of another farmer or are you a BLM representative who wants to retire by taking some farmers land or for some ranchers land
    • We can help you do that as well
    • If you're inside SES we have several partnership programs that are available to easily take whatever land we come up with with our US Geological Survey information or our NOAA survey information
    • We only ask a small percentage here at Rothschild overhead persistent radar we bring you the latest in technological breakthroughs to get YOU the results YOU want as far as taking land and ranches in the West
  • Day 153.6. Is Susan Rothschild On NOAA Staff? - YouTube
    • It's day 153 as we're plowing snow here
    • A lot of people have contacted me very very disappointed that I was kidding about Rothschild weather machinery, weather stock
    • And I know how disappointing that is to many people
    • But if I was in business, let's say I was in business in Aurora, Colorado, for doing let's say overhead persistent OPI our OPI our IRS infrared overhead persistent
    • OPIR radar is all that it's there all the time
    • And it's our number one nation's defense against missile launches
    • And it's run out of Buckley, Colorado
    • The four hundred and sixtieth a winged space war wing runs that right
    • As a matter of fact in that six square miles at Buckley, Aurora, Colorado
    • Or if you're named Suzanne Rothschild and you have a company there for OPIR--both of them work
    • But they run all the reserve training, all reserve training for OPIR which is kind of neat
    • So here we go, satellite makes a pass, the satellite makes a pass just like the plow just made a pass
    • And that detects heat events all along the swath
    • If you have a constellation of those, you have a constellation of those plowing the sky, you're going to get a map
    • A heat map of the entire world, especially in the western United States of any heat events
    • And this is very precise radar
    • We're talking about a telescope the size of a bus, with the precision of the pin of a head from twenty three thousand miles away in the Geo belt
    • So we're not talking about inaccurate systems here
    • That's just from satellite here comes that satellite again
    • We just detected heat events
    • Now, we can do that from planes, helicopters, so if we bring people into Buckley and do training missions, we can detect heat events there
    • If we coordinate that with our testing of explosives heat events like escaping hot gases from our Earth's crust, let's just pretend that lawyer below there is his crest
    • Now, we can see the black
    • The black is the gold
    • That's the oil that's the gas where there's oil there's gas trapped
    • we're just gonna take off that top layer with our explosion here it comes again
    • (this is kind of exciting actually)
    • OPIR there you have it
    • So that's how how its works
    • Now, why is Susanne Rothschild there?
    • Well you can also use this in mining oil gas and mining
    • Because once you go down and drill for where the gas heat is coming out, you find oil
    • But you also find minerals it's gonna take a tunnel
    • You may as well dig a tunnel and find it all
    • As a matter of fact you may want to dig a tunnel from here to there for some other reason
    • And just take all the stuff that you find along the way have somebody else pay for the building of the tunnel
    • So you might want to do a big train in from let's say San Francisco to Los Angeles with lots and lots and lots of tunnels
    • I'm not saying that's what's happening, but here it is
    • Just taking that top layer off, so you can see those heat events
    • I'm not saying that the weapons testing in New Mexico at Sandia lab would be exactly the perfect for this type of remote-sensing testing
    • I'm not saying that
    • I'm not saying China China China Lake is the place for that
    • I'm not saying different military bases all over the West would be perfect for doing that sort of testing, in order to take farmers, and ranchers land
    • I'm not saying that at all
    • But I'm saying if you were the wrongheaded type of person, you could do that
    • You could create a hoax weather event here and a hoax weather machine over here, while you're taking land and farms land over there with your sweeps
    • Just think OPIR
  • Day 153.7 More Drill Down on SES - What Border? - YouTube
    • It's day 153 this is part six
    • And somebody asked me if this Yaeger this gentleman here this Yaeger here the director of strategy twenty years in the Navy...working in Homeland Security office in the Inspector General William Yaeger
    • Now, we know John Rafi Inspector General what DHS's is gone
    • So this is a sub department here at training and workforce
    • So this is William Yaeger are they executive service
    • Are they Senior Executive Service or not? And he's not
    • But I did find another one I went and just searched on Yaeger you just go to this plum book he just googled plumb book 2016
    • And then you got a hit down here on Michael J Yeager at Customs and Border Protection
    • So you have to do in this situation is just go dow and look at the resume
    • He's about ten years younger than I am he's about 47 46 maybe
    • He went to law school here at College Park Maryland here at University of Maryland
    • Drilling down a little bit here you find out he's at border pathways government solutions here in Washington DC
    • Now, it was at US Customs and Border Protection
    • But was that on the wall was that on the wall or was that at any of our major ports?
    • No it was actually as a office of Congressional affairs which means you basically meet with Congressmen to try to get immigration money and immigration testing
    • He spent a little bit of time in private while while Hillary was kind of sewing, getting ready for the 2008 campaign
    • But before that again, he was a democratic deputy chief counsel
    • So he's over at kind of the one of the probably this the Cannon office building working at the committee for government and Reform and oversight
    • Again, all the way back to the Clinton administration
    • Again, lawyers hands here at Capitol Hill not spending a lot of time at the border
    • Now, he would have gone from this political job to an appointment at a very young age, here to be in this US Customs and Border Protection
    • And again, he is in the senior executive service
    • This is exactly the thing I'm talking about, where you've kind of got--I don't want to say soft--lily palmed lawyers--in the role that traditionally would be somebody who's had thirty years experience on the border, seen it all, done it all, done a lot of--aerial reconnaissance surveillance, marine reconnaissance, been on a lot of Coast Guard cutters, been on the doing the night-vision stuff on the border, and shot at a couple of times, been in a few fights--gone into the barrios...and had to fish people out that were murderers...
    • That's the kind of guy I want running a Customs and Border Protection
    • Not someone who is kind of gland glad-handing politicians and taking them over to the Capital Grille
    • Not that there isn't a use for that
    • I just don't think the Senior Executive Service is the place for that
  • Day 153.9. Mr Rosenstein, Tear Down This Wall. Of. Paper - YouTube
    • It's Day 153 I think this is part eight
    • The Rothschild weather machine stock is is out of control
    • People are dumping their Bitcoin
    • They're coming along at these pay stations, where firemen with boots
    • They're throwing their Bitcoin in, they're taking out handfulls of Rothschild Weather Machine [Stock]
    • So get it out of it while it lasts--I don't know if it's gonna last much longer
    • But anyway on to other topics--a lot of is being said about this congratulatory phone call that Trump gave to Putin
    • Don't you realize, Mr. Trump, that democracy was in the balance
    • Cambridge Analytica has 50 million Facebook profiles--we had these Russian insurgents all over all of our elections 2014 2015 2016
    • They injected themselves in all these state races
    • They caused panics
    • They caused a chemical plume attack in Louisiana
    • A race riot murder in in Atlanta
    • They caused a Ebola scare
    • I mean democracy hung in the balance
    • We were on the precipice
    • Don't you realize Mr. president get a grip Mr. president
    • Don't you realize we shouldn't be congratulating Putin
    • He almost destroyed our country!
    • Well if that's the case, then Mr. Rosenstein
    • Mr. Mueller
    • Mr. McCabe
    • Mr. Comey
    • Publish publish publish the modus operandi published a modus operandi of these terrible operatives this Krylova and this Bogacheva
    • Let not another day go forth where Krylova's little cryogenic little machinations in America go on unshown, show light, cast a great light upon that evil
    • Cast great light upon Bogacheva's manipulations--her boggedness her boggedness Miss Bogacheva's Boggedness
    • Another day must not go by
    • Publish her expense reports
    • Just publish one document, published Bogacheva and Krylova's expense report--
    • [It] Says every city they went to
    • Says everything they did
    • Why don't you actually show the detailed indictment of what they actually did in each State, for each election where they visited--all their different hotel itineraries that you want they went to
    • Publish that for the American people, so our democracy doesn't come under asunder
    • Doesn't come under this kind of assault again
    • We must fight for our democracy Mr. Rosenstein, we must fight for it mister I almost said Rothschild {{ LAUGH }}
    • Mr. Mueller, Mr. McCabe, Mr. Comey {{ LAUGH }}
    • Now's the time: publish the expense reports, strike down--take a strike a blow at this this {{ LAUGH }} Russian interference
  • Say 153.10 Jared Kushner. - YouTube
    • This is Day 153 I guess part 10
    • Welcome to the Rothschild weather machine, I guess
    • Iggy Azalea told me not to make this video
    • So Jared Kushner
    • I look at him as a person who's putting all of his personal wealth on the line for Israel
    • I know Americans don't see it this way
    • I know Americans say "Oh Israel is somehow controlling or whatever"
    • But if you're from Israel, I think you see it very differently
    • You see seven nations, totally surrounding you, saying that they're going to kill you
    • And I see a person in New York, who could say, "oh that's not my problem: I'm rich. I've got millions of dollars"
    • But he decided, no that's that's not going to be somebody else's problem
    • That's going to be my problem
    • And if Mueller wants to entrap Jared for being a brave person, representing one of the countries he has a strong affinity for, then that's the way it's going to be
    • But I don't I just think that's a very poor angle of attack for the Mueller offensive team
    • {{ 911: No it's great, because now we can paint Mueller as an antiSemite, and if Antifa supports antisemites, then we can definitively say the Left are Nazis and we can then have a right wing revenge motive to stand up to them FINALLY. I know that's political. And Shitty. But we're in the midst of 'worldview warfare'. But you're 100% right about Israel. People (civilians) are generally good all over the world, and it's psychopathic leaders that embroil them in conflict with each other thru psychological abuse and abuse networks of power--that ends now. }}
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Bitcoin Basics (Part 1) - What is Bitcoin - Bitcoin Mining - How bitcoin works - Explained - In Hindi How Bitcoin Works ? Bitcoin Mining Explained In Detail ... Bitcoin Mining Explained in Detail: Nonce, Merkle Root, SPV,...  Part 15 Cryptography Crashcourse Bitcoin Mining

BITCOIN (BTC) is continuing its remarkable rally. Yet despite the flagship cryptocurrency receiving significant attention in the financial press, most people do not know how to buy bitcoin. The Mining Algorithm And CPU Mining. The Mining Algorithm. What is commonly referred to as Bitcoin “mining” is really the creation of a new block in the block chain. Instead of making block ... The list below details the biggest Bitcoin mining pools. This is based on info from Blockchain’s pool share chart: We strongly recommend new miners to join Poolin or Slush Pool. 1. Poolin . Poolin is a public pool which mines about 18% of all blocks. They are based in China, but have a website fully available in English. 2. F2pool. F2Pool is based in China. It mines about 17% of all blocks ... MoneroV is a privacy coin that was designed to be a capped supply version of Monero.It is a fork of Monero with a ratio of 10:1, meaning at Monero block 1564965 if you held 1 Monero, you received 10 MoneroV. Because of this, MoneroV has Monero’s privacy (Ring CT) aspect to it. MoneroV uses the same mining algorithm as Monero, so it is an ASIC resistant algorithm. Bitcoin mining is done by specialized computers. The role of miners is to secure the network and to process every Bitcoin transaction. Miners achieve this by solving a computational problem which allows them to chain together blocks of transactions (hence Bitcoin’s famous “blockchain”).. For this service, miners are rewarded with newly-created Bitcoins and transaction fees.

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Bitcoin Basics (Part 1) - "Explained For Beginners" - YouTube

The Horizen (ZEN) team carefully evaluated the pros and cons of changing from the existing Equihash Proof of Work mining algorithm. The major concern of the ... This video is to give you insight on the cost elements associated to fixed/variable agnostic to the volatile price of crypto. i.e. back in the day in early mining of bitcoin, it was far from ... bitcoin key algorithm bitcoin api key bitcoin alert key bitcoin alert key compromised bitcoin-all-key-generator bitcoin adder key bitcoin atm key west bitcoin alert key compromised upgrade ... What is Bitcoin, what is bitcoin mining, how bitcoin works I am going to explain you in Hindi Bitcoin was created by the "Satoshi Nakamoto". Bitcoin is a form of digital currency, created and ... Bitcoin Mining im Detail erklärt: Nonce, Merkle Root, SPV ... Mathematical examples of Symmetric & Asymmetric Cryptography Algorithms (Part 2) - Duration: 31:02. Dr.

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