Bitcoin Cash Bitcointalk - How to Claim Your Bitcoin Cash

Constructing an Opt-In alternative reward for securing the blockchain

Since a keyboard with a monero logo got upvoted to the top I realized I should post various thoughts I have and generate some discussion. I hope others do the same.
Monero is currently secured by a dwindling block reward. There is a chance that the tail emission reward + transaction fees to secure the blockchain could become insufficient and allow for a scenario where it is profitable for someone to execute a 51% attack.
To understand this issue better, read this:
In Game Theory, Tragedy of the Commons is a market failure scenario where a common good is produced in lower quantities than the public desires, or consumed in greater quantities than desired. One example is pollution - it is in the public's best interest not to pollute, but every individual has incentive to pollute (e.g. because burning fossil fuel is cheap, and individually each consumer doesn't affect the environment much). The relevance to Bitcoin is a hypothetical market failure that might happen in the far future when the block reward from mining drops near zero. In the current Bitcoin design, the only fees miners earn at this time are Transaction fees. Miners will accept transactions with any fees (because the marginal cost of including them is minimal) and users will pay lower and lower fees (in the order of satoshis). It is possible that the honest miners will be under-incentivized, and that too few miners will mine, resulting in lower difficulty than what the public desires. This might mean various 51% attacks will happen frequently, and the Bitcoin will not function correctly. The Bitcoin protocol can be altered to combat this problem - one proposed solution is Dominant Assurance Contracts. Another more radical proposal (in the sense that the required change won't be accepted by most bitcoiners) is to have a perpetual reward that is constant in proportion to the monetary base. That can be achieved in two ways. An ever increasing reward (inflatacoin/expocoin) or a constant reward plus a demurrage fee in all funds that caps the monetary base (freicoin). This scenario was discussed on several threads: - Tragedy of the Commons - Disturbingly low future difficulty equilibrium https://bitcointalk.org/index.php?topic=6284.0 - Stack Exchange http://bitcoin.stackexchange.com/questions/3111/will-bitcoin-suffer-from-a-mining-tragedy-of-the-commons-when-mining-fees-drop-t Currently there is no consensus whether this problem is real, and if so, what is the best solution. 
Source: https://en.bitcoin.it/wiki/Tragedy_of_the_Commons

I suspect that least contentious solution to it is not to change code, emission or artificially increase fees (which would actually undermine the tail emission and lead to other problems, I believe: https://freedom-to-tinker.com/2016/10/21/bitcoin-is-unstable-without-the-block-reward/) but rather use a Dominant Assurance Contract that makes it rational for those who benefit from Monero to contribute to the block reward.

Dominant assurance contracts
Dominant assurance contracts, created by Alex Tabarrok, involve an extra component, an entrepreneur who profits when the quorum is reached and pays the signors extra if it is not. If the quorum is not formed, the signors do not pay their share and indeed actively profit from having participated since they keep the money the entrepreneur paid them. Conversely, if the quorum succeeds, the entrepreneur is compensated for taking the risk of the quorum failing. Thus, a player will benefit whether or not the quorum succeeds; if it fails he reaps a monetary return, and if it succeeds, he pays only a small amount more than under an assurance contract, and the public good will be provided.
Tabarrok asserts that this creates a dominant strategy) of participation for all players. Because all players will calculate that it is in their best interests to participate, the contract will succeed, and the entrepreneur will be rewarded. In a meta-game, this reward is an incentive for other entrepreneurs to enter the DAC market, driving down the cost disadvantage of dominant assurance contract versus regular assurance contracts.
Monero doesn't have a lot of scripting options to work with currently so it is very hard for me to understand how one might go about creating a Dominant Assurance Contract using Monero, especially in regards to paying out to a miner address.
This is how it could work in Bitcoin:
https://en.bitcoin.it/wiki/Dominant_Assurance_Contracts
This scheme is an attempt at Mike Hearn's exercise for the reader: an implementation of dominant assurance contracts. The scheme requires the use of multisignature transactions, nLockTime and transaction replacement which means it won't work until these features are available on the Bitcoin network.
A vendor agrees to produce a good if X BTC are raised by date D and to pay Y BTC to each of n contributors if X BTC are not raised by date D, or to pay nY BTC if X BTC are raised and the vendor fails to produce the good to the satisfaction of 2 of 3 independent arbitrators picked through a fair process
The arbitrators specify a 2-of-3 multisignature script to use as an output for the fundraiser with a public key from each arbitrator, which will allow them to judge the performance on actually producing the good
For each contributor:
The vendor and the contributor exchange public keys
They create a 2-of-2 multisignature output from those public keys
With no change, they create but do not sign a transaction with an input of X/n BTC from the contributor and an input of Y BTC from the vendor, with X/n+Y going to the output created in 3.2
The contributor creates a transaction where the output is X+nY to the address created in step 2 and the input is the output of the transaction in 3.3, signs it using SIGHASH_ALL | SIGHASH_ANYONECANPAY, with version = UINT_MAX and gives it to the vendor
The vendor creates a transaction of the entire balance of the transaction in 3.3 to the contributor with nLockTime of D and version < UINT_MAX, signs it and gives it to the contributor
The vendor and contributor then both sign the transaction in 3.3 and broadcast it to the network, making the transaction in 3.4 valid when enough contributors participate and the transaction in 3.5 valid when nLockTime expires
As date D nears, nLockTime comes close to expiration.
If enough (n) people contribute, all of the inputs from 3.4 can combine to make the output valid when signed by the vendor, creating a valid transaction sending that money to the arbitrators, which only agree to release the funds when the vendor produces a satisfactory output
If not enough people ( Note that there is a limit at which it can be more profitable for the vendor to make the remaining contributions when D approaches
Now the arbitrators have control of X (the payment from the contributors) + nY (the performance bond from the vendor) BTC and pay the vendor only when the vendor performs satisfactorily
Such contracts can be used for crowdfunding. Notable examples from Mike Hearn include:
Funding Internet radio stations which don't want to play ads: donations are the only viable revenue source as pay-for-streaming models allow undercutting by subscribers who relay the stream to their own subscribers
Automatically contributing to the human translation of web pages


Monero has these features:
  1. Multisig
  2. LockTime (but it is much different then BTCs)
  3. A possibility to do MoJoin (CoinJoin) like transactions, even if less then optimally private. There is hope that the MoJoin Schemes will allow for better privacy in the future:
I have a draft writeup for a merged-input system called MoJoin that allows multiple parties to generate a single transaction. The goal is to complete the transaction merging with no trust in any party, but this introduces significant complexity and may not be possible with the known Bulletproofs multiparty computation scheme. My current version of MoJoin assumes partial trust in a dealer, who learns the mappings between input rings and outputs (but not true spends or Pedersen commitment data).

Additionally, Non-Interactive Refund Transactions could also be possible in Monero's future.
https://eprint.iacr.org/2019/595
I can't fully workout how all of these could work together to make a DAC that allows miners to put up and payout a reward if it doesn't succeed, or how we could make it so *any* miner who participated (by putting up a reward) could claim the reward if it succeeded. I think this should really be explored as it could make for a much more secure blockchain, potentially saving us if a "crypto winter" hits where the value of monero and number of transactions are low, making for a blockchain that is hard to trust because it would be so cheap to perform a 51% attack.


I am still skeptical of Dominant Assurance Contracts, despite success in an initial test https://marginalrevolution.com/marginalrevolution/2013/08/a-test-of-dominant-assurance-contracts.html
it still remains questionable or at least confusing: https://forum.ethereum.org/discussion/747/im-not-understanding-why-dominant-assurance-contracts-are-so-special
submitted by Vespco to Monero [link] [comments]

Bitgrin - WHO I AM - introduction for new miners & investors

Bitgrin - WHO I AM - introduction for new miners & investors


https://preview.redd.it/y1nyrhkmoj731.png?width=298&format=png&auto=webp&s=93a62ae0fa7614dcc538e1ace8756a0857fae63f

Bitgrin is a privacy focused cryptocurrency on a protocol level based on MimbleWimble and a fork of GRIN coin.
This is about freedom from censorship and the banker regime.
The technology of Grin meets the economics of Bitcoin, for the worlds first
- private,
- scalable,
- decentralized currency with sound economic model (limited supply)

If you're not clear on what i mean by scalability: Bitcoin has a 240 GB blockchain. Ethereum has a 1TB blockchain. BitGrin will stay below 1GB due to the way old transactions get compressed and pruned
that means i can put a full node on your phone, not just a light wallet but a true full node

Bitgrin mainnet launched the 8th of February 2019

Ticker: XBG
Block time: ~60s
Block reward: 4.5 XBG
Next Halvening: Block 2,102,400
Supply: 21,000,000

==========================================================
LINKS
We dont need a central authority declaring stuff official, we need grass-roots support

Website: https://bitgrin.dev/
ANN: https://bitcointalk.org/index.php?topic=5104608.0
Github: https://github.com/bitgrin/bitgrin
Emission Schedule: https://bitgrin.dev/comparision-of-emission/
Latest Kingfish releases : https://github.com/bitgrin/kingfish/releases
Explore : https://explorer.bitgrin.dev/

Discord : https://discord.gg/Nd5BazK
Twitter : https://twitter.com/Bitgrin
Reddit : https://www.reddit.com/xbg

==========================================================


Purpose of MimbleWimble is that no one can see your coins or who you sent them too, while still knowing coins are valid.
This is a huge deal in privacy, and we wish that Bitcoin had that from beginning.

But looks like we have a 2nd chance now. Grin failed that in our eyes with horrible economics


==========================================================
TEAM

Our team is anonymous that won't change
We've got a small team who has been in blockchain dev since around 2011 as well as application developers, good at making things user friendly.
This all started because we were working on the Kingfish wallet which was a Grin wallet, and some miner software for Grin. The tech was very cool, but then this emission schedule and the attitude of the core devs made us realize their priorities wrong.
So Kingfish partners joined bitgrin team. Many of us on the original team were not happy with the economic decisions.
We're actually pretty active in Grin Core team chat.

==========================================================
WHAT IS BITGRIN

BitGrin is a store of value, designed to be easy to use
Bitgrin share the same halvening schedule as BTC. Half as many rewards every 4 years. 4.5 coins per block, and then 2.25 after halving, and so on.

So theres really 3 things we bring to the table
  1. We create an economic incentive for folks to hold there coins with halvenings. This means the coin acts more as a store of value.
  2. We create a dev fee so we don't have to be like the Grin team and beg for donations. We'll take modest salaries to keep things running clean
  3. We are building super simple user friendly tools on top of the protocol so that in time the average user can simply pull out a phone and work with XBG coins

BitGrin makes transactions completely private, hiding the amount of coins a user owns, how many have been sent, and to whom they were sent.

Transactions are blinded, which means no-one can prove that coins have been sent at all!

BitGrin is private by design, even the developers don't know who is sending or receiving coins.

But how does it all actually work?
BitGrin is governed by the laws of mathematics, exploiting some very simple properties of addition and multiplication.
Elliptic curve cryptography is at the root of what keeps BitGrin (and Bitcoin) secure. The standard is also used by countless military, banking, and even government operations. Elliptic curve cryptography is a method of utilizing a secure curve to produce privately known numbers These extremely large numbers are nearly impossible to guess, but can be proven to have been generated by someone with knowledge of their private key.

Let me walk you through the process.
First, a user picks a really, really, really large number. Then they multiply it with the starting point on the curve.
The resulting coordinates on the curve are your public key and that really, really big number is your private key!
You can now securely encrypt values utilizing your private key, and publicly share your encrypted messages along with your public key. Other users in the world can *prove* that you must have knowledge of the correct private key, without them knowing what it is.

And this is the bedrock of almost all cryptography. It keeps the whole world secure!
The trick here is that it's pretty easy to get the coordinates of your public key, but it's nearly impossible to discover another user's private key.

A simple analogy for elliptic curve cryptography
Knowing just the public key is like knowing the location of an indestructible box, with the world's most complicated lock. Without the private key, it is impossible to access it's contents.
This is where, for example, Bitcoin's security model ends.
BitGrin, on the other hand, goes a few steps further.
BitGrin hides your even your *public* key. So now no one even knows *where* your indestructible box is.
This means that no one can see how many coins you have, who you are sending coins to, or how many you have received.
All of this is accomplished using just a few additional mathematical tricks.

How Bitcoin transactions work
To further explain, let's first talk about how Bitcoin transactions work.
Lett’s say you, a Bitcoin user, want to send some funds to another user. You would announce publicly to the network your public key, the amount of coins you would like to send, and proof that demonstrates you are indeed the owner of these coins.
You can see the problem here.
If someone goes through the history of the blockchain, they can clearly see who you received the coins from, who you are sending them to, how many were sent, and even how many you have.
You don't really want people knowing all of that information, do you?
Do you share your bank statements with everyone? Of course not.
Now... How can we fix this? How can we make transactions more private?

How BitGrin transactions work
Let's go over a BitGrin transaction...
BitGrin transactions are completely different than Bitcoin transactions, You can think of them as just a blank credit card with no name, just the number, and everyone who knows this number can spend money with it.
What the blockchain holds is just a list of these "cards", while obscuring the amounts in them, and who is in possession of them, or even who had contents in them prior.

Let's say for example I want to send you three BitGrin.
What we need to do now is prove that I own a credit card (or multiple cards) with the total of at least 3 coins.
We also need to create a new card for you. One whose number is only known by you.
First, I send you a message via a secure channel in between our wallets.
"Hey, I want to send you 3 coins. Here's proof I own at least 3. I'll also pay the fee."
You receive the message and you can compute your part of what it takes to make a new card. Then you send me back the proof that you know the new credit card number,
while not revealing the number to me, by using a special type of encryption.
Next, you send me a very very big number you choose to obscure the amount of coins by moving them by this amount on the elliptical curve.
Then, add to it a public key of the credit card number, made with another operation on the graph.
This will prove you own the coins, without either user revealing their private keys.

Finally, I add the number of coins to the very big number you chose.

We can prove the number of coins didn't change because 5-5 is 0. This is validated by the network to prevent coins from being created out of thin air.
And 5 plus the BigNumber, minus 5 plus the BigNumber, is also zero. By adding a hidden big number known only to us, we hide the amount from everyone else.
I combined all these details together into one large commitment, and then submit it to the BitGrin network.
Now the network needs to validate that no new coins were created and that your new card is valid. This is all done with simple mathematics, and is completely secure.
You now received your money! While it may sound like a long process, all of it is done within less than 1 second from the BitGrin wallet.
Want to spice things up? Generate invoices, transact using QR codes or send it by pigeons!

We're not done yet. This is not all that BitGrin improves.
As you may know, BitCoin transactions can take a very long time to be confirmed, and running a Bitcoin node is a very computer-intensive process.
BitGrin on the other hand is both fast, and extremely scalable! The majority of spent transactions get removed, making the blockchain much smaller than traditional blockchains.
This is done by miners in every block, as well as the entire blockchain over time.

Soon, everyone will be able to download the entire blockchain and synchronize it within seconds or minutes, even on a low powered mobile device or a payment terminal at the local checkout.

With further work and research, BitGrin will improve even more, enabling truly private, scalable digital cash to see mass adoption.

==========================================================
TEAM VISION

- Goal to be simple for end user
Crypto is super hard to use, keeping your money private is impossible. Bitgrin solves those problems making the latest scientific breakthroughs in cryptography, usable by everyone, all while being built on robust bitcoin economics. Bitgrin paves the road to mass adoption
there is a lot of confusion about what crypto is for many folks think it is a way to make money by buying new coins and selling as they mature
ignoring the central idea of decentralized money.
Grin folks invented a better BTC, and then proceeded to apply infinite inflation for reasons I can't explain it's decentralized, lightweight, and fast
but you can't just mint 1 new coin every second, thats not sound monetary policy even USD doesnt do anything that extreme
and yet the buying power of USD falls, even with their small inflation schedule and we already know a schedule that seems to work: the Bitcoin schedule
so why not use this in combination with the lightweight blockchain approach of Grin?
Lightning Network doesnt solve BTC problems, because settlement is important, and scale means fees.
Bitgrin solves all of these problems by offering a truly lightweight settlement layer, with no arbitrary P2P layer on top

__________A few words about others MW coins_____________
Grin has Grin economics: infinite coins forever which is kind of insane, Grin could have easily just limited their supply but they refuse to do that.
Our key differentiator is our economically sound emission schedule
Beam and BitGrin are working towards the same kind of thing, or at least our goals are more in line than they are with the Grin team. Our approaches are pretty different, from a technology perspective though. I fully expect all three projects to coexist and hopefully make each other better
Being “non corporate” isn’t necessarily good. To some degree it’s useful to have profits, a core team, etc
But if it’s too corporate (Beam) then your whole organization is susceptible to issues of centralization such as being shut down by the government.
The decentralized nature of the software prevents that to some extent, but nothing beats being driven by a team of anonymous contributors. That is true censorship resistance. It’s a feature, not a bug.
But we don’t need them to lose for us to win, we can win together, I believe a symbiotic mutually beneficial relationship is ideal with the Grin team.

==========================================================
PREMINE

1M coins are put in to height-locked contracts
about 20k released per month, starting next March 2018
so at launch, dev team has 0 coins
10% for 4 yrs, which amounts to 4% of total supply over time
Just a reminder that the dev fee is quite modest. It’s not like we are holding 90% of the supply like ICOs like to do
1mln pub const DEV_FEE_TOTAL: u64 = 1_000_000; // 1M coins to match Satoshi's Bitcoin holdings >> line 58 https://github.com/bitgrin/bitgrin/blob/mastecore/src/consensus.rs
Payouts are staggered over 4 years by the smart contract
I think as far as the community goes, what you would WANT is developers who are paid for success in the same terms they would expect success as buyers/miners.

==========================================================
FUTURE

It took a lot of work to know what to change, and to understand GRIN codebase and then the generatioin of the genesis block wasnt documented
or it was, but it was incorrect.
Getting seed nodes up and running, making the miners work thousands of little details
BitGrin in particular also has rollback protection
Uses block hash checks to make sure the chain stays stable
BitGrin in particular also has rollback protection
Uses block hash checks to make sure the chain stays stable
Also worth noting this is something added by us. Grin doesn’t support block hash checking
It’s not possible to rewrite any meaningful amount of the chain through a 51% attack. Those attacks are quite limited in exclusively abusing double spend
The team is currently working on porting the entire codebase to be web friendly for web wallets, and offline/non-interactive transactions using BitGrin addresses
basically we want to include a tx pool so users dont need to share ips/files, and can simply use disposable "addresses".
A major improvement with we call XBGJS. This will include tools for other devs to make working with BitGrin easier
Adding non-interactive transactions will be a major improvement

==========================================================
MINING
It's compatible with all grin miners
so any grin miner that works with Grin will also work with BitGrin

==========================================================
ASICS
Community will make those decisions when it comes to it, there is time till end of 2019.
We can fork in to a different PoW, as needed.

There are ongoing discussion about it on discord

==========================================================
COMMUNITY
We dont need a central authority declaring stuff official, we need grass-roots support

Website: https://bitgrin.dev/
ANN: https://bitcointalk.org/index.php?topic=5104608.0
Github: https://github.com/bitgrin/bitgrin
Emission Schedule: https://bitgrin.dev/comparision-of-emission/
Latest Kingfish releases : https://github.com/bitgrin/kingfish/releases
Explore : https://explorer.bitgrin.dev/

Discord : https://discord.gg/Nd5BazK
Twitter : https://twitter.com/Bitgrin
Reddit : https://www.reddit.com/xbg

=========================================================

There is no coin other than bitgrin that has true privacy, scalability, and limited supply it doesn't exist.

I say the more the merrier, this is about growing MW and it’s ecosystem, not about one coin “beating” the other.

But either way competition is healthy, let’s see where this road leads.

Competition is needed for innovation to keep up at a high pace.

Aren't you as excited about that as we are? Join us. Let's change the world !
submitted by Akyr35 to xbg [link] [comments]

CINDX — ICO

CINDX — ICO

https://preview.redd.it/12ou1m5qxc731.jpg?width=800&format=pjpg&auto=webp&s=3760c64ca1bf59a1fbe29bb2f2c3793e25e89cb6

What is CINDX?

CINDX could be a platform that was created to permit anybody to take a position within the crypto market and conjointly earn with none specialised information or skills. This CINDX platform develops associate degree system which might permit associate degreeybody to decide on a monger and/or an plus manager to manage their portfolio and firmly trade their cryprofunds for an inexpensive success fee. we tend tocurrently see that investors will talk over with clear and verifiable statistics of traders and managers as some way to decide on an acceptable commercialism strategy. These statistics embody performance history, risk level, sort of cryptocurrency that might be listed. Therefore, investors will notice the foremostappropriate monger to manage their assets.
The CINDX platform can generate exploit the subsequent sources:
Regular subscriber fees from the CINDX platform users: Traders, Managers, Vendors.
Success Fees — issues by the Manager with the consent of the capitalist. Paid by means that of a wisecontract on a monthly basis with a prospering result. The platform takes either V-J Day (if paid in numerouscurrencies), or 100 percent (if paid in [CINX] tokens — commission from the overall quantity of the Success Fee received by the Manager.
Revenue from the sale of extra product described on the platform — analytics, trading indicators / signals, robots etc.
CINDX uses the API as a “portal”, permitting accounts to be managed by the chosen plus management account. Then the good contract can mechanically register each trade created by the chosen plus manager (on his own account) then you’ll be able to copy and run constant trade on the non-public account as you would like.by generating passive financial gain through trade. instead of risking cash together with your terribly own risky trades, you’ll be able to currently explore for an inventory of first managers, track their performance history, and alter them to trade for you.
you can conjointly review your account at any time to examine if you’re pleased with your earnings and stillpartner together with your plus manager or opt for a replacement partnership. currently you are doing not have to be compelled to take the time to review computer code and analytics tools and instead, you’ll be able to pay the maximum amount time as you would like, whereas still earning passive financial gainthrough crypto commercialism.

How it works CINDX?

For starters, investors increase crypto capital by effectively managing their assets by an expert monger.Traders get a fee for fulfillment , building investors’ want to grasp the market and commercialism methods. Sellers sell subtle tools for traders, for instance, commercialism robots and news feeds. and at last, CINDX gets a commission for commissions for fulfillment and subscribes to the terminal.
The main advantage of this platform is that the ability to:
Manage your personal funds in your billfold within the crypto currency market.Get an entire and clear history from each manager.Work with any funds.Pay commissions as low as attainable and avoid intermediaries.
For additional convenient platform usage, a classification system is provided. analysis are in the middle oftrade history, that ensures you decide on the manager that’s best suited for you. And your crypto assets for management area unit for good keep in your billfold.

ICO details

  • Token Symbol : CINX
  • ICO : 06/27/2018–27/09/2018
  • Pre-Selling Tokens will start on June 27, 2018.
  • Additional bonus of 25%.
  • Token Sale will begin on 08/08/2018
  • Token released : 58,000,000
  • Token Fee : $ 1.00
  • Soft Cap : $ 6,000,000
  • Hard Cap : $ 30,000,000
Token Sales Bonus
Week One: 15% Bonus
Week Two: 10% Bonus
Week Three: 7% Bonus
Week Four: 5% Bonus
Week Five: 3% Bonus
Week Six: No Bonus
Token Allocation
  • Advisor (6%)
  • Reserve (7%)
  • Asset Manager Attractiveness (3%)
  • Sales (61%)
  • Team (12%)
  • Bounty (6%)
  • Liquidity support (5%)
Use of Results
  • Marketing and PR 18%
  • 44% Research and Development
  • 9% legal fee
  • 26% operation
  • Bonus for traders 3%

Conclusion

CINDX is a financial marketplace based on APIs, smart contract, cryptocurrency and blockchain that deals in investment matters. It enables successful trading options and has made it possible to invest in the crypto market at reasonable success. CINDX is a user-friendly and intuitive portal that enables reliable and complete information with full access to all transactions to its users.

Important Links:

#CINDX #CINDXTOKEN #Crypto #Blockchain #ethereum #bitcoin #ether #cryptocurrency
#pump http://cindx.io/?utm\_source=bounty
submitted by aregata5 to BountyICO [link] [comments]

CINDX ICO

CINDX ICO

CINDX ICO


https://preview.redd.it/16b65z3fuc731.jpg?width=800&format=pjpg&auto=webp&s=3e3f6eed42c96b400a0c63eda97b98faf62b9a89
CINDX could be a platform that was created to permit anybody to take a position within the crypto market and conjointly earn with none specialised information or skills. This CINDX platform develops associate degree system which might permit associate degreeybody to decide on a monger and/or an plus manager to manage their portfolio and firmly trade their cryprofunds for an inexpensive success fee. we tend tocurrently see that investors will talk over with clear and verifiable statistics of traders and managers as some way to decide on an acceptable commercialism strategy. These statistics embody performance history, risk level, sort of cryptocurrency that might be listed. Therefore, investors will notice the foremostappropriate monger to manage their assets.
The CINDX platform can generate exploit the subsequent sources:
Regular subscriber fees from the CINDX platform users: Traders, Managers, Vendors.
Success Fees — issues by the Manager with the consent of the capitalist. Paid by means that of a wisecontract on a monthly basis with a prospering result. The platform takes either V-J Day (if paid in numerouscurrencies), or 100 percent (if paid in [CINX] tokens — commission from the overall quantity of the Success Fee received by the Manager.
Revenue from the sale of extra product described on the platform — analytics, trading indicators / signals, robots etc.
CINDX uses the API as a “portal”, permitting accounts to be managed by the chosen plus management account. Then the good contract can mechanically register each trade created by the chosen plus manager (on his own account) then you’ll be able to copy and run constant trade on the non-public account as you would like.by generating passive financial gain through trade. instead of risking cash together with your terribly own risky trades, you’ll be able to currently explore for an inventory of first managers, track their performance history, and alter them to trade for you.
you can conjointly review your account at any time to examine if you’re pleased with your earnings and stillpartner together with your plus manager or opt for a replacement partnership. currently you are doing not have to be compelled to take the time to review computer code and analytics tools and instead, you’ll be able to pay the maximum amount time as you would like, whereas still earning passive financial gainthrough crypto commercialism.

How it works CINDX?

For starters, investors increase crypto capital by effectively managing their assets by an expert monger.Traders get a fee for fulfillment , building investors’ want to grasp the market and commercialism methods. Sellers sell subtle tools for traders, for instance, commercialism robots and news feeds. and at last, CINDX gets a commission for commissions for fulfillment and subscribes to the terminal.
The main advantage of this platform is that the ability to:
Manage your personal funds in your billfold within the crypto currency market.Get an entire and clear history from each manager.Work with any funds.Pay commissions as low as attainable and avoid intermediaries.
For additional convenient platform usage, a classification system is provided. analysis are in the middle oftrade history, that ensures you decide on the manager that’s best suited for you. And your crypto assets for management area unit for good keep in your billfold.

https://preview.redd.it/prnlak4guc731.png?width=640&format=png&auto=webp&s=6149727960493a058a3b5d7af7a35bea6ad337d8

ICO details

  • Token Symbol : CINX
  • ICO : 06/27/2018–27/09/2018
  • Pre-Selling Tokens will start on June 27, 2018.
  • Additional bonus of 25%.
  • Token Sale will begin on 08/08/2018
  • Token released : 58,000,000
  • Token Fee : $ 1.00
  • Soft Cap : $ 6,000,000
  • Hard Cap : $ 30,000,000
Token Sales Bonus
Week One: 15% Bonus
Week Two: 10% Bonus
Week Three: 7% Bonus
Week Four: 5% Bonus
Week Five: 3% Bonus
Week Six: No Bonus
Token Allocation
  • Advisor (6%)
  • Reserve (7%)
  • Asset Manager Attractiveness (3%)
  • Sales (61%)
  • Team (12%)
  • Bounty (6%)
  • Liquidity support (5%)
Use of Results
  • Marketing and PR 18%
  • 44% Research and Development
  • 9% legal fee
  • 26% operation
  • Bonus for traders 3%

Conclusion

CINDX is a financial marketplace based on APIs, smart contract, cryptocurrency and blockchain that deals in investment matters. It enables successful trading options and has made it possible to invest in the crypto market at reasonable success. CINDX is a user-friendly and intuitive portal that enables reliable and complete information with full access to all transactions to its users.

Important Links:

#CINDX #CINDXTOKEN #Crypto #Blockchain #ethereum #bitcoin #ether #cryptocurrency
#pump http://cindx.io/?utm\_source=bounty
submitted by sinhrofazatron to altcoin_news [link] [comments]

Lisk Highlights Weekly roundup March 2nd 2019. The week in which we were selected by Bitpanda!

Hello everybody. The LISK project and it's enthusiasts are always busy, and this week past has certainly been no exception.
Seeing is believing, so here is a recap of the highlights and interesting items from the past week on the LISK subreddit and beyond.....
 

Lisk Sidechain Project Presents at a workshop organized by a head of Volksbank.

Christian Junger, CEO of the MADANA project recently delivered a presentation on blockchain technology, its banking use cases, and how decentralization can strengthen privacy. What was extra special about this presentation was the audience; a consortium of heads of banks. Christian was essentially driving home to these leaders the message that the technology we use today isn’t designed for privacy, it is designed for the opposite - to be found and traced!
Volkbank, who organised the workshop are the biggest German bank consortium comprising of 1,099 independent credit unions.
Presentations such as this one are a good way to build bonds that will last long past MADANA's main sale and on into the release of the MADANA product. Who knows, maybe some of these banking leaders might even be interested in the MADANA product for their own uses also!
 

Lisk Sidechain Project Team to Review and Strategise in London this March.

Chief R&D Officer and Co-founder of GNY (bringing Machine Learning to Lisk), Richard Jarritt informed the project's followers on the GNY telegram that there is to be a team meetup in London this March. He said "the GNY team will be flying all members into London during march, which is a planned week of intensive development and strategy meetings, as we open up github later in the month and lay out the rest of 2019". The GNY team members are decentralised currently with work being done in Europe, The US, and Asia. The GNY codebase is operational, and they are currently combining it with the machine learning, which is what the team has been working on daily. Thomas Lorenc, Chief Technology Officer / Lead Data Scientist on the project is this week testing stability of the GNY Machine learning code within Javascript with node.js.
Richard Jarritt, replied to a query from a community member regarding the reason the code migrated from python (common ML coding language) to JavaScript. He said "it was written in python, and we had planned to run a translation inside the chain, but we altered our plans to the more elegant solution of having everything in javascript. This should should in theory add more stability". There are many libraries for ML written in python that modern ML systems used. We have had to also translate the catalog of code we require to run the system. Its been a multi stage task."
 

Lisk in space?

My sources tell me that one of the highlights of the first Lisk Center Utrecht meetup was the quirky presentation delivered by Blockchain030. Titled "Crypto in Space", it proposed a hypothetical situation where there exists a colony on the Moon or Mars, and how that would work moneywise? Blockchain030 founders Susanne Pieterse and Marc Buma speculated that having physical coins or banknotes in space would be way too unwieldy an undertaking, and questioned "would you leave your money on another planet?"
They discussed three different scenarios that illustrated how cryptocurrencies and blockchain can be used by future interplanetery colonists. One of the more offbeat scenarios was a blockchain based on Mars, with miners/validation situated on the red planet, but outworlders could also participate and create accounts. The pros would be that could provide a way for people that live on Mars to generate an income. Mars would become a Tax haven, especially if exchange to/from Earth coins would be possible. Complicating factors of course would be how to power the miners/validation on Mars, the question of and how successful digital currencies would be in a very small population as would be on Mars initially.
A pair of the slides from the presentation can be seen HERE.
On Monday the 28th January 2019, Lisk Center Utrecht (LCU) inked a partnership agreement with these interesting folks from Blockchain030. Blockchain030 is THE hub for blockchain technology within the Utrecht region. Their goal is to exchange knowledge, collaboration and business consultancy through meetings. Lisk center Utrecht's aim similarly is to create awareness for blockchain initiatives and help people through sharing knowledge, networking and collaborations. By Lisk Center Utrecht facilitating a physical location for designers, developers etc. to work together it will help many blockchain initiatives to grow their projects from a central hub. LCU is over 200 square metres of private office space with around 40 places available.... and all 100% free to users. These two partners wiill mesh together really well in my opinion. It is expected that the founders of Blockchain030 (Marc Buma , Eric van Riet Paap and Susanne Pieterse) will regularly be present in the LCU.
You can read more about Blockchain030 HERE on their official website. I would advise using a browser with a translate function when viewing it if you do not speak Dutch.
 

Lisk's Good Month for Exchange Announcements.

You may remember how back in late January I wrote about Lisk getting the green light to move from the main mass market section of the KuCoin exchange to their KuCoin Plus Trading Area. Once tokens are promoted then KuCoin users can assume that these projects are well performing, are solid, and have less risk than the tokens traded in the main market. To be upgraded, projects had to meet three separate criteria.
  1. Tokens must be ranked in the top 40 on coinmarketcap.com
  2. The project needs to rank in the top 10% for trading volume out of all projects listed on KuCoin for two months consecutively
  3. The project must also be highly rated by KuCoin’s internal review system
Now as well as the KuCoin upgrade Lisk has also received an upgrade from the Binance exchange. They have been awarded the V Label badge on the profile of their Binance Info page. This signals to the customer that Binance Info has determined the authenticity of the project team related to the Lisk project. Once a token listing receives the V Label badge, Binance users can assume that this project is legit, and in theory should be less risky than the tokens traded without the label. Great news for Lisk's profile on the exchange I feel.
 
The final piece of good news that I have to pass on is one I am sure you have heard about already, but it bears repeating for those who have not heard the news yet..... Lisk will be available to trade on Bitpanda from March 7th.
In a public twitter poll to select Bitpanda's latest listing Lisk garnered 44% of the vote versus 26% for Dogecoin, 23% for Basic Attention Token, and 7% for Golem. Bitpanda is an Austrian based cryptocurrency exchange catering mostly to Europe with a user base of over 900000. This listing is great news for Lisk; more eyes on us and more liquidity. Great stuff.
 
That's it for the recap of the weeks highlights. I hope it brought you up to speed with all the weeks good news.
These highlight posts also go out daily on the….
LISK Highlights exclusive Telegram group
LISK Highlights Twitter
The highlights are also included in my weekly roundup on the LISK Highlights Medium account and the Bitcoin talk forum's LISK thread, so keep an eye out for them on these outlets also.
 
Keep the faith Liskers! 👍
submitted by John_Muck to Lisk [link] [comments]

We just enabled full Segwit support... and it works really well. Plus, we pay less for network fees.

I am running a Bitcoin-related service (YOLOdice) that accepts user deposits and sends withdrawals. On Monday we deployed a piece of code that generated Segwit deposit addresses for our users, plus whenever a user makes a withdrawal, the change is sent to a Segwit address too. After ~24h most of our hot wallet funds were stored in Segwit addresses.
Now a grain of salt: it's not straightforward. We run our wallet on Bitcoin Core. Bitcoin Core does NOT return Segwit addresses when you run getnewaddress, but it's easy to handle with addwitnessaddress. What's more critical, it does not generate Segwit change addresses, so you are forced to build the tx yourself. If you are interested, check how we do it at https://bitcointalk.org/index.php?topic=2107760.0
Another grain of salt - block explorers handle "Segwit" transactions (those that have Segwit inputs) quite differently. Some show tx size with signatures, some with signatures stripped, some show tx weight. It can be confusing. Blocktrail.com and Blockchain.info have pretty different set of data to show, their fee/byte is quite different for same transactions.
Now a good thing: fees. Segwit makes the fees significantly smaller because of the way they are calculated (vsize, weight, you name it). I haven't encounted any problems with mining pools not accepting or delaying Segwit txes.
TL;DR: Segwit just works. If you are a service owner, moving to Segwit is not difficult and can save you some coins on network fees. Plus, it' cool!
submitted by ethan_nx to Bitcoin [link] [comments]

Decred Journal – September 2018

Note: you can read this on GitHub (link), Medium (link) or old Reddit (link).

Development

Final version 1.3.0 of the core software was released bringing all the enhancements reported last month to the rest of the community. The groundwork for SPV (simplified payment verification) is complete, another reduction of fees is being deployed, and performance stepped up once again with a 50% reduction in startup time, 20% increased sync speed and more than 3x faster peer delivery of block headers (a key update for SPV). Decrediton's integrations of SPV and Politeia are open for testing by experienced users. Read the full release notes and get the downloads on GitHub. As always, don't forget to verify signatures.
dcrd: completed several steps towards multipeer downloads, improved introduction to the software in the main README, continued porting cleanups and refactoring from upstream btcd.
Currently in review are initial release of smart fee estimator and a change to UTXO set semantics. The latter is a large and important change that provides simpler handling, and resolves various issues with the previous approach. A lot of testing and careful review is needed so help is welcome.
Educational series for new Decred developers by @matheusd added two episodes: 02 Simnet Setup shows how to automate simnet management with tmux and 03 Miner Reward Invalidation explains block validity rules.
Finally, a pull request template with a list of checks was added to help guide the contributors to dcrd.
dcrwallet: bugfixes and RPC improvements to support desktop and mobile wallets.
Developers are welcome to comment on this idea to derive stakepool keys from the HD wallet seed. This would eliminate the need to backup and restore redeem scripts, thus greatly improving wallet UX. (missed in July issue)
Decrediton: bugfixes, refactoring to make the sync process more robust, new loading animations, design polishing.
Politeia: multiple improvements to the CLI client (security conscious users with more funds at risk might prefer CLI) and security hardening. A feature to deprecate or timeout proposals was identified as necessary for initial release and the work started. A privacy enhancement to not leak metadata of ticket holders was merged.
Android: update from @collins: "Second test release for dcrandroid is out. Major bugs have been fixed since last test. Latest code from SPV sync has been integrated. Once again, bug reports are welcome and issues can be opened on GitHub". Ask in #dev room for the APK to join testing.
A new security page was added that allows one to validate addresses and to sign/verify messages, similar to Decrediton's Security Center. Work on translations is beginning.
Overall the app is quite stable and accepting more testers. Next milestone is getting the test app on the app store.
iOS: the app started accepting testers last week. @macsleven: "the test version of Decred Wallet for iOS is available, we have a link for installing the app but the builds currently require your UDID. Contact either @macsleven or @raedah with your UDID if you would like to help test.".
Nearest goal is to make the app crash free.
Both mobile apps received new design themes.
dcrdata: v3.0 was released for mainnet! Highlights: charts, "merged debits" view, agendas page, Insight API support, side chain tracking, Go 1.11 support with module builds, numerous backend improvements. Full release notes here. This release featured 9 contributors and development lead @chappjc noted: "This collaboration with @raedahgroup on our own block explorer and web API for @decredproject has been super productive.".
Up next is supporting dynamic page widths site wide and deploying new visual blocks home page.
Trezor: proof of concept implementation for Trezor Model T firmware is in the works (previous work was for Model One).
Ticket splitting: updated to use Go modules and added simnet support, several fixes.
docs: beginner's guide overhaul, multiple fixes and cleanups.
decred.org: added 3rd party wallets, removed inactive PoW pools and removed web wallet.
@Richard-Red is building a curated list of Decred-related GitHub repositories.
Welcome to new people contributing for the first time: @klebe, @s_ben, @victorguedes, and PrimeDominus!
Dev activity stats for September: 219 active PRs, 197 commits, 28.7k added and 18.8k deleted lines spread across 6 repositories. Contributions came from 4-10 developers per repository. (chart)

Network

Hashrate: started and ended the month around 75 PH/s, hitting a low of 60.5 and a new high of 110 PH/s. BeePool is again the leader with their share varying between 23-54%, followed by F2Pool 13-30%, Coinmine 4-6% and Luxor 3-5%. As in previous months, there were multiple spikes of unidentified hashrate.
Staking: 30-day average ticket price is 98 DCR (+2.4). The price varied between 95.7 and 101.9 DCR. Locked DCR amount was 3.86-3.96 million DCR, or 45.7-46.5% of the supply.
Nodes: there are 201 public listening nodes and 325 normal nodes per dcred.eu. Version distribution: 5% are v1.4.0(pre) dev builds (+3%), 30% on v1.3.0 (+25%), 42% on v1.2.0 (-20%), 15% on v1.1.2 (-7%), 6% on v1.1.0. More than 76% of nodes run v1.2.0 and higher and therefore support client filters. Data as of Oct 1.

ASICs

Obelisk posted two updates on their mailing list. 70% of Batch 1 units are shipped, an extensive user guide is available, Obelisk Scanner application was released that allows one to automatically update firmware. First firmware update was released and bumped SC1 hashrate by 10-20%, added new pools and fixed multiple bugs. Next update will focus on DCR1. It is worth a special mention that the firmware source code is now open! Let us hope more manufacturers will follow this example.
A few details about Whatsminer surfaced this month. The manufacturer is MicroBT, also known as Bitwei and commonly misspelled as Bitewei. Pangolinminer is a reseller, and the model name is Whatsminer D1.
Bitmain has finally entered Decred ASIC space with their Antminer DR3. Hash rate is 7.8 TH/s while pulling 1410 W, at the price of $673. These specs mean it has the best GH/W and GH/USD of currently sold miners until the Whatsminer or others come out, although its GH/USD of 11.6 already competes with Whatsminer's 10.5. Discussed on Reddit and bitcointalk, unboxing video here.

Integrations

Meet our 17th voting service provider: decredvoting.com. It is operated by @david, has 2% fee and supports ticket splitting. Reddit thread is here.
For a historical note, the first VSP to support ticket splitting was decredbrasil.com:
@matheusd started tests on testnet several months ago. I contacted him so we could integrate with the pool in June this year. We set up the machine in July and bought the first split ticket on mainnet, using the decredbrasil pool, on July 19. It was voted on July 30. After this first vote on mainnet, we opened the tests to selected users (with more technical background) on the pool. In August we opened the tests to everyone, and would call people who want to join to the #ticket_splitting channel, or to our own Slack (in Portuguese, so mostly Brazilian users). We have 28 split tickets already voted, and 16 are live. So little more than 40 split tickets total were bought on decredbrasil pool. (@girino in #pos-voting)
KuCoin exchange listed DCBTC and DCETH pairs. To celebrate their anniversary they had a 99% trading fees discount on DCR pairs for 2 weeks.
Three more wallets integrated Decred in September:
ChangeNow announced Decred addition to their Android app that allows accountless swaps between 150+ assets.
Coinbase launched informational asset pages for top 50 coins by market cap, including Decred. First the pages started showing in the Coinbase app for a small group of testers, and later the web price dashboard went live.

Adoption

The birth of a Brazilian girl was registered on the Decred blockchain using OriginalMy, a blockchain proof of authenticity services provider. Read the full story in Portuguese and in English.

Marketing

Advertising report for September is ready. Next month the graphics for all the ads will be changing.
Marketing might seem quiet right now, but a ton is actually going on behind the scenes to put the right foundation in place for the future. Discovery data are being analyzed to generate a positioning strategy, as well as a messaging hierarchy that can guide how to talk about Decred. This will all be agreed upon via consensus of the community in the work channels, and materials will be distributed.
Next, work is being done to identify the right PR partner to help with media relations, media training, and coordination at events. While all of this is coming up to speed, we believe the website needs a refresher reflecting the soon to be agreed upon messaging, plus a more intuitive architecture to make it easier to navigate. (@Dustorf)

Events

Attended:
Upcoming:
We'll begin shortly reviewing conferences and events planned for the first half of 2019. Highlights are sure to include The North American Bitcoin Conference in Miami (Jan 16-18) and Consensus in NYC (May 14-16). If you have suggestions of events or conferences Decred should attend, please share them in #event_planning. In 2019, we would like to expand our presence in Europe, Asia, and South America, and we're looking for community members to help identify and staff those events. (@Dustorf)

Media

August issue of Decred Journal was translated to Russian. Many thanks to @DZ!
Rency cryptocurrency ratings published a report on Decred and incorporated a lot of feedback from the community on Reddit.
September issue of Chinese CCID ratings was published (snapshot), Decred is still at the bottom.
Videos:
Featured articles:
Articles:

Community Discussions

Community stats:
Comm systems news: Several work channels were migrated to Matrix, #writers_room is finally bridged.
Highlights:
Twitter: why decentralized governance and funding are necessary for network survival and the power of controlling the narrative; learning about governance more broadly by watching its evolution in cryptocurrency space, importance of community consensus and communications infrastructure.
Reddit: yet another strong pitch by @solar; question about buyer protections; dcrtime internals; a proposal to sponsor hoodies in the University of Cape Town; Lightning Network support for altcoins.
Chats: skills to operate a stakepool; voting details: 2 of 3 votes can approve a block, what votes really approve are regular tx, etc; scriptless script atomic swaps using Schnorr adaptor signatures; dev dashboard, choosing work, people do best when working on what interests them most; opportunities for governments and enterprise for anchoring legal data to blockchain; terminology: DAO vs DAE; human-friendly payments, sharing xpub vs payment protocols; funding btcsuite development; Politeia vote types: approval vote, sentiment vote and a defund vote, also linking proposals and financial statements; algo trading and programming languages (yes, on #trading!); alternative implementation, C/C++/Go/Rust; HFTs, algo trading, fake volume and slippage; offline wallets, usb/write-only media/optical scanners vs auditing traffic between dcrd and dcrwallet; Proof of Activity did not inspire Decred but spurred Decred to get moving, Wikipedia page hurdles; how stakeholders could veto blocks; how many votes are needed to approve a proposal; why Decrediton uses Electron; CVE-2018-17144 and over-dependence on single Bitcoin implementation, btcsuite, fuzz testing; tracking proposal progress after voting and funding; why the wallet does not store the seed at all; power connectors, electricity, wiring and fire safety; reasonable spendings from project fund; ways to measure sync progress better than block height; using Politeia without email address; concurrency in Go, locks vs channels.
#support is not often mentioned, but it must be noted that every day on this channel people get high quality support. (@bee: To my surprise, even those poor souls running Windows 10. My greatest respect to the support team!)

Markets

In September DCR was trading in the range of USD 34-45 / BTC 0.0054-0.0063. On Sep 6, DCR revisited the bottom of USD 34 / BTC 0.0054 when BTC quickly dropped from USD 7,300 to 6,400. On Sep 14, a small price rise coincided with both the start of KuCoin trading and hashrate spike to 104 PH/s. Looking at coinmarketcap charts, the trading volume is a bit lower than in July and August.
As of Oct 4, Decred is #18 by the number of daily transactions with 3,200 tx, and #9 by the USD value of daily issuance with $230k. (source: onchainfx)
Interesting observation by @ImacallyouJawdy: while we sit at 2018 price lows the amount locked in tickets is testing 2018 high.

Relevant External

ASIC for Lyra2REv2 was spotted on the web. Vertcoin team is preparing a new PoW algorithm. This would be the 3rd fork after two previous forks to change the algorithm in 2014 and 2015.
A report titled The Positive Externalities of Bitcoin Mining discusses the benefits of PoW mining that are often overlooked by the critics of its energy use.
A Brief Study of Cryptonetwork Forks by Alex Evans of Placeholder studies the behavior of users, developers and miners after the fork, and makes the cases that it is hard for child chains to attract users and developers from their parent chains.
New research on private atomic swaps: the paper "Anonymous Atomic Swaps Using Homomorphic Hashing" attempts to break the public link between two transactions. (bitcointalk, decred)
On Sep 18 Poloniex announced delisting of 8 more assets. That day they took a 12-80% dive showing their dependence on this one exchange.
Circle introduced USDC markets on Poloniex: "USDC is a fully collateralized US dollar stablecoin using the ERC-20 standard that provides detailed financial and operational transparency, operates within the regulated framework of US money transmission laws, and is reinforced by established banking partners and auditors.".
Coinbase announced new asset listing process and is accepting submissions on their listing portal. (decred)
The New York State Office of the Attorney General posted a study of 13 exchanges that contains many insights.
A critical vulnerability was discovered and fixed in Bitcoin Core. Few days later a full disclosure was posted revealing the severity of the bug. In a bitcointalk thread btcd was called 'amateur' despite not being vulnerable, and some Core developers voiced their concerns about multiple implementations. The Bitcoin Unlimited developer who found the bug shared his perspective in a blog post. Decred's vision so far is that more full node implementations is a strength, just like for any Internet protocol.

About This Issue

This is the 6th issue of Decred Journal. It is mirrored on GitHub, Medium and Reddit. Past issues are available here.
Most information from third parties is relayed directly from source after a minimal sanity check. The authors of Decred Journal have no ability to verify all claims. Please beware of scams and do your own research.
Feedback is appreciated: please comment on Reddit, GitHub or #writers_room on Matrix or Slack.
Contributions are also welcome: some areas are adding content, pre-release review or translations to other languages.
Credits (Slack names, alphabetical order): bee, Dustorf, jz, Haon, oregonisaac, raedah and Richard-Red.
submitted by jet_user to decred [link] [comments]

Vectorium Build your island: Know the The Vectorium Flash and Vectorium Plus

Vectorium Build your island: Know the The Vectorium Flash and Vectorium Plus
Hallo guys, on this day I will be discussing about one of the products of an ICO named Vectorium. Before to discuss to the point, I will give you a little introduction the Vectorium first.
https://preview.redd.it/ze451qfn2ij31.png?width=1269&format=png&auto=webp&s=cd3df1f212cc3d6b1290ed60faca5bc93a5a39dd

Yes, like its slogan in the image. The purpose of the Vectorium project aims to overcome the waste that every day is always growing each generation and also the difficulty of eliminating the waste that makes it inappropriately. This was the role for Vectorium to make the project, by creating a cryptocurrency product called Vectorium Flash and Vectorium Plus.

Let's talk about what the Vectorium Flash is about. With from this base zcash allows the capabilities introduced by the network Zcash Vectorium Flash provides Blockchain transactions quickly. The project of Vectorium Flash allows the user to ' burn ' the Flash coin Vectorium to Improve the electricity value generated by one of the different electrical manufacturers that is from the Vectorium part Ecosystem.

Let's talk about what the Vectorium Flash is about. With from this base zcash allows the capabilities introduced by the network Zcash Vectorium Flash provides Blockchain transactions quickly. The project of Vectorium Flash allows the user to ' burn ' the Flash coin Vectorium to Improve the electricity value generated by one of the different electrical manufacturers that is from the Vectorium part Ecosystem. The Investor will receive a higher reward for Their participation. Moreover, the supply of Vectorium Plus coins Limited, which adds more incentives over time. Those with Vectorium Plus will be the actual owner of the The Vectorium Islands are based on their number of holdings. Basically, the more coins are lurking, the more interest investors Will get. The only thing needed to participate in the lurking process is to keep Your coins are in a dedicated wallet project.
In the case of previous investments, Many investors have contacted the Vectorium project with the Manifestations of interest of 1.85 M so far. In terms of partnerships, the most important collaboration of this project
Vectorium has several Investors and Partners such as
Revolution Chain: this being Vectorium as Main technological provider of the project. By having experience in developing blockchain-based solutions.
Breath Life SRL : With the presence of BREATH is a system used to turn waste into energy and Energy into cryptocurrencies. Patent number has been subjected to intellectual property 102019000005016 and it takes care of the whole process without Burning.
MIT Italia : With a partnership such as MIT Italy allows Vectorium to take different gains in order to expand their energy production.
That's some discussion about Vectorium may be much more that has not been explained in detail. I will probably convey in the upcoming thread.
Join Vectorium Project
IEO: https://exmarkets.com/launchpad/vctp-btc Website https://www.vectorium.co/ Telegram Group https://t.me/VectoriumProject Discord https://discord.gg/nswHZd Instagram https://www.instagram.com/vectorium.social/ WhitePaper https://www.vectorium.co/wp-content/uploads/2019/07/Vectorium-Whitepaper.pdf Facebook https://www.facebook.com/VectoriumSocial Twitter https://twitter.com/VectoriumSocial Reddit https://www.reddit.com/useVectoriumSocial/ GitHub https://github.com/Vectorium-project
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★ Author: Crozzo ★ BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1892369
submitted by afilazka to u/afilazka [link] [comments]

DIGITALBITS

DIGITALBITS

https://preview.redd.it/m9lvkmmkjmo21.png?width=900&format=png&auto=webp&s=ff987398e5966a566bfcc87ead39a865d6dd9ebc
About DigitalBits
DigitalBits could be a project that gives development, infrastructure, events and education resources through a worldwide network and group action protocol. This project is AN ASCII text file blockchain that necessitate the event of safe and cheap international networks, protocols and transactions for anyone to use, as well as however not restricted to businesses with loyalty and reward programs with their users. Loyalty operator programs will support their individual loyalty points as digital assets during this localised network and users will trust these digital assets at the same time.

DigitalBits helps solve issues of movability, security and liquidity with sure digital assets, like Loyalty and Rewards programs, and helps generate additional worth for patrons, businesses and sure charitable organizations.
The localised DigitalBits network additionally doesn't have to be compelled to be centralized which needs additional prices for its use. during this network the transfer is finished in seconds and solely needs a nominal fee.
DigitalBits not solely supports small payments and quick shipping at low costs, however additionally organizations or corporations that use this network can have the chance to feature their assets to the blockchain.
This platform provides Digitalbits, XDB, original digital assets that may be purchased with tokens and greatly reduces user group action prices, that ar contradicted by ancient centralized systems that charge extortionate fees to purchasers. This platform needs the shortest time to finish the group action.
Enabling mass market adoption of blockchain
DigitalBits could be a protocol layer Blockchain designed to assist facilitate mass market liquidity of assorted digital assets and integrate with existing apps to drive mass market adoption of Blockchain technology
It’s Built: Already-developed Blockchain protocol that may support high turnout, transfer and commerce on-chain
It’s Liquid: Multi-hop transfer of assets (up to six hops apart) to assist offer higher liquidity to tokens notwithstanding no direct market exists
It’s Integration Ready: Integrates with existing shopper applications to drive new users into the blockchain system
In the Pockets of Millions: A go-to-market strategy that tokenizes an enterprise program’s existing digital assets.
be performed on a day after day. they need to any take into consideration that there may well be spikes within the quantity of transactions throughout the day, based on consumer behavior patterns. an outsized a part of the transactions ar expected to be performed on-line. Their infrastructure should be upgraded so as to cater these demands. A cloud-based system is appealing, however, additionally to the large value, this needs in-house experience in maintenance, dynamic scaling, and security.
– shopper experience: so as to accommodate this trends to work via mobile Apps, AN App wealthy in options and attractiveness, should be developed. The major concern although, is of shopper engagement. though Apps ar easy to put in, the massive variety of them on a consumer’s phone tends to suffer an equivalent problems as that of multiple loyalty cards with a shopper – a lack of enticement for the client. The App may well be yet one more App on the consumers’ phone and so not used often.
– prices & Time: notwithstanding prioritizing and selecting AN in-house or a cloudbased version, the prices of making then maintaining such a program would be immense. Moreover, the launch of AN overhauled LRP program additionally requires plenty of development time.

Enterprise-grade blockchain for mass market
DigitalBits could be a next-generation project that’s coping with the challenges of usability and thought adoption. By transportation along technology, team and enterprise-grade execution, we’re transportation cryptocurrencies to the plenty.
Core options of DigitalBits
DigitalBits boast of AN Agent-Oriented Modeling (AOM) methodology consisting of humans, hardware agents, and package agents and is meant to facilitate each technical and non-technical stakeholders interaction at intervals the system. Asides from facilitating simple plus tokenization employing a group action and commerce layer for digital assets, this system is meant to confirm quantifiability and decentralization of the system, support simple integration with plugins and applications designed by third-party developers and supply a reliable and compliant atmosphere for transactions wherever this tokens ar tradable and might be used for payment and remission.
The DigitalBits network is comprises entities like DigitalBits cores, frontier, notecase and applications and a technological stack consisting of bridge server, federation server, and compliance server. The DigitalBits core is that the backbone of the DigitalBits platform and therefore the key roles of the platform ar contend by the nodes of the DigitalBits blockchain. The DigitalBits Blockchain could be a fork of the stellar blockchain designed to possess higher group action per seconds, proposes a less expensive group action value and a custom blockchain for tokenization of assets.
The DigitalBits platform possesses a novel tokenization model wherever users of a token establish trust parameters within the on-boarding method, then the platform institutes a Token Name Certification Service (TNCS) that's unavailable in different blockchain comes that support tokens like ethereum, stellar lumen, and waves. On this preceding platforms, any tom dick and harry will issue tokens with similar names to established comes so as to tear off unsuspecting users however the DigitalBits platform mitigates these issues of validation and authentication of digital assets via TNCS. A localised Multi-Hop exchange is additionally place in situ to confirm liquidity of digital assets from LRPs programs wherever this token will simply be listed. Another intriguing side of the project is that the ability to facilitate cross-asset payment during which holders of a digital asset(LRP) will access services getable via another LRP program.
XBD is that the native currency of the DigitalBits platform and serves the subsequent purposes: It plays protecting and safety functions by serving as a demand to use DigitalBits services, it’s used for payments of group action fees on the platform and in conclusion plays a big role as a medium for payment and remission. XBD incorporates a most offer of a hundred billion units ANd is presently accessible available in an Initial Coin Offering(ICO) that started on the first of March 2019 and is scheduled to finish on the thirty first of March 2019.
The DigitalBits Programming interface:
Most applications connect with the DigitalBits system through Frontier “a reposeful HTTP API server”, giving purchasers a transparent technique to submit exchanges, check records, and furnish to occasions. Since it’s merely HTTP, you'll speak with Frontier utilizing your web browser, easy order line instruments like cURL, or the DigitalBits SDK for your most prefered artificial language
.
The most quickest approach to introduce Frontier is by utilizing DigitalBitsOrg/quickstart dock worker image. Digitalbits.io takes care of JavaScript, Java, and Go-based SDKs for speaking with Frontier. There ar likewise network maintained SDKs for Ruby, Python, and C#.

The DigitalBits System’s Backbone (Core):
Each Frontier server associates with DigitalBits Core, the muse of the DigitalBits system. The DigitalBits Core programming will the diligent work of approving and accordant with completely different cases of Core on the standing of every exchange through the DigitalBits agreement Protocol (SCP). The DigitalBits system itself is AN accumulation of associated DigitalBits Cores unbroken running by completely different folks and organizations round the globe. The disseminated plan of the system makes it solid and safe.

All these DigitalBits Cores in system concede within the long-standing time to sets of exchanges. each exchange on the system prices a touch charge: a hundred nibbs (0.00001 XDB). This charge keeps awful users from spamming the system.

The details of the ICO

  • Token name: XDB
  • Token type: Ethereum ERC20
  • Total token supply: 100 billion
MORE INFORMATION:
Website: https://www.digitalbits.io/
Whitepaper: https://storage.googleapis.com/westart-files/digitalbits-pre-sale/DigitalBits_Whitepaper_2_2.pdf
Lightpaper: https://www.digitalbits.io/resources/digitalbits-lightpape
ANN Thread: https://bitcointalk.org/index.php?topic=5026550.0
Telegram: http://t.me/digitalbits
Facebook: https://www.facebook.com/DigitalBitsOrg/
Twitter: https://twitter.com/DigitalBitsOrg?lang=en
Westart: https://www.westart.co/project/digitalbits-presale
Author: walesodiya
BitcoinTalk: https://bitcointalk.org/index.php?action=profile;u=2160355
submitted by walesodiya to CryptoCurrencyTrading [link] [comments]

Las Vegas 3.0

Las Vegas 3.0

Play your cards right.

https://preview.redd.it/0j23k71pjza21.jpg?width=1875&format=pjpg&auto=webp&s=7a0646bb5b4db0c0a266af94aaf1c1106be308d3
Technology changes everything, online casino vertical being no exception to the rule. Given its complex nature, online gambling earned a bad reputation for myriad of reasons. Key players’ mergers and acquisitions, together with oligopol structure of the market, tighten settings upon which casinos and sportsbooks operate. In addition, there is enough of other platforms, which just want to take advantage of every single game and bet made, whether through exorbitant fees or fraudulent behaviour. This structuring lead to unappealing gaming conditions, unfair practices and hidden monetization models, which in turn exploit players and bettors rather than serve them.
History shows that only big breakthroughs posed large-scale leveling within different industries. Emergence of Bitcoin proved that it can influence economy on global scale, change the general opinion on the concept of money and shape the vision of the future means of payment. Millions of people became conscious about opportunities that blockchain and cryptocurrency bring to business and social scales. Global awareness about incorruptibility, decentralisation and transparency was raised further allowing these features to extrapolate on different fields and environments.
Similarities in online casino vertical and cryptocurrencies are striking, as if they were designed for each other. We believe that properly planned execution of this consolidation can stir up the industry. Bitwin, a next level digital entertainment platform, could be one of the biggest beneficiaries of this revolution, taking online gambling and betting concept to a whole new level.
Ante up- Bitwin 2.0
We couldn’t get better name for the exceptional casino involving cryptocurrency than Bitwin, we believe that not much naming alternatives exist to better represent the purpose of our project. It captures the essence of what our portal attempts to achieve and straightforwardly reveals the casino mission and vision. It also suggests, how we can shape the industry, begin market forward movement and possibly kickoff a debate that aims to cease existing circumstances in gambling and betting.
The first part of the name could be interpreted as ‘bit’, which is the fundamental of computing, storing and processing information, showing strong correlation to platform’s online environment, technology and security (bit encryption). Furthermore, it reflects the interconnectedness of concepts that our casino tries to put together. Bitwin prefix can be also interpreted as bitcoin, showing strong support for cryptocurrency motion, and project’s own involvement in decentralisation, cryptography and privacy that tokenisation brings to mainstream audience.
‘Win’, in case of our project, reflects progress and chance to lead the movement in online casino space that is brought about with blockchain and cryptocurrency innovation. For us, winning means finding an ultimate recipe for users experience, satisfaction, entertainment with best security measures, anonymity and honesty. We give the community the way to win on better and more accessible terms than the rest of the outdated casino industry, which is guaranteed by disruptive nature of high-tech tools used.
Blockchain- safe bet
Thanks to genius and heritage of Satoshi Nakamoto, Vitalik Buterin and their co-workers, the convergence of distributed ledger, smart contracts and ERC-20 tokens enables all of the Bitwin casino products to follow the exact same game logic as they are designed to, leaving no room to tamper with it in any way, by anyone, be it the casino or the players. Sealed set of internal instructions and casino mechanics based on blockchain is a guarantee of immutability providing each and every player with a set of honest and evident rules.
Without blockchain and smart contracts Bitwin would not be able to be honest about platform computations, especially those that play a role in generating random numbers, which are the most essential puzzle in providing a scalable and fair casino products. Any casino, which does not show RNG evaluation method, can tamper with the results in its favour. What is more, the technology involved allows our casino to show an auditable method of random number generation, that every player and casino customer can check and verify.
Blockchains, being the hope of many fields, can also be a bit problematic. They have limited capacity, long confirmation times and lack desired scalability. To further enhance existing Bitwin blockchain efficiency we decided to use Raiden Network. It will utilize mesh payment channels, which write only the first and final result onto the casino public ledger, limiting on-chain activity to a minimum. This way we will able to bypass Ethereum global consensus algorithm, which means that the decentralized net of computers will not have to give you consent each time you pull the handle, push a button or hit the card. Therefore, Bitwin being the newest kid on the block(chain), equipped with the best recent technological advancements, will not be bothered by any of the obstacles that occur with brilliant, but slow, Ethereum blockchain that recently provides 10–12 transactions per second for the whole ecosystem (on a global scale), and starts to be too expensive, especially for online casino purposes.
RNGs aren’t the only problem haunting a contemporary galaxy of gambling. Players can be cheated in an innumerable ways. Owners or employees of gambling projects can have access to administrator rights, allowing them to see players hands in card games. Online casino superiors can rig odds of any game in their favour or deliberately miscalculate prizes, occasionally or constantly. Customers accounts can be terminated by platforms sole discretion, providing no or made-up reasons for cessation plus, there exist thousands of known ways to delay or freeze payouts. On top of that, some platforms do not even honor players with positive multi-annual withdrawal history. The icing on this shady cake belongs to banks, which after gambling restriction in given areas, can block accounts and confiscate players winnings.
With credible rules overwritten on blockchain neither Bitwin, nor anyone else can do any kind of fraud and mishandle the funds. Platform infrastructure is sealed and immutable, which can be verified by any smart contract audit. Players are awarded with winnings in exact amounts, facilitating a user-friendly ecosystem they deserve. Our effort allows us to offer the most updated and fair gaming environment possible, with 100 percent accuracy and fairness verifiability from the interested parties. While the general opinion about online gambling is that games are very much rigged, Bitwin found a way to prove a crystal-clear transparency, which could also become an open standard for the industry.





If you have any questions, please feel free to email us: [email protected] or ask directly in our announcement thread at Bitcointalk forum: https://bitcointalk.org/index.php?topic=5081449


Never miss any update on Bitwin Token by showing some interest on our social media:
https://t.me/bitwintokenhttps://facebook.com/bwtokenhttps://twitter.com/bitwintokenhttps://instagram.com/bitwintokenhttps://discord.gg/DNCksEmhttps://medium.com/@bitwintoken
submitted by jaarmol to BitwinToken [link] [comments]

THE OOOBT EXCHANGE PLATFORM

THE OOOBT EXCHANGE PLATFORM

https://preview.redd.it/rv7fwc1wks031.png?width=200&format=png&auto=webp&s=380ce28bac5b5a2796a653bf1c25c026c832c967
What is OOOBTC?
OOOBTC could be an entree and exchange platform for cryptocurrencies and Crypto-ecosystem situated in Singapore. OOOBTC provides distributed system functions like spot mercantilism, derivative instrument mercantilism, over-the-counter mercantilism, whole-network mercantilism, and redistributed mercantilism. Moreover, it satisfies the wants of diverse investors. Our mercantilism system features a strong security mechanism and reliable underlying design, that provides investors with a dependable mercantilism expertise. Besides, the distinctive online mercantilism model of the ooobtc platform would expeditiously match the market depth of major exchanges around the world whereas providing even higher liquidity. counting on the total network mercantilism system, we tend to believe the ooobtc platform can become the most important liquidity supplier of digital assets within the world.

The OOOBTC teams have been taking diversely careful measures like cold storage system, 2-factor authentication and coding technology to encode your personal account info, that permits you to own assured protection of your fund. Security is that the most vital side of business observes. this is often why we tend to integrate similar sensible technologies to produce our purchasers with the very best guarantee of security accessible on the market. Currently, our distinctive options include:
a) Pool mercantilism – we tend to area unit capable of getting high mercantilism volumes and generating substantial profits in today’s stock exchange because of our integration with alternative finance homes and major mercantilism forces.
b) High-Performance Support - OOOBTC mercantilism system adopts self-developed, superior core matching engine technology and leverages distributed computing technologies like Google hand tool and BigTable. Thus, it will support large coincidental computation and build the order process speed to reach a meg transaction per second.
c) Community mercantilism – we tend to area unit capable of providing users with a platform to that they'll transfer their sensible contracts so as to participate in a full of life sensible contract community for trades, business, services, and inflated visibility.
d) Coin Suggestions – New and existing cryptocurrencies may be submitted for thought by our community users via our web site. If we tend to see a digital plus obtaining a substantial quantity of support from its community, we'll do the due diligence and build a call to list this plus.
OOOBTC decree AND revolving credit SYSTEM
Exchanging crypto to decree or exchanging decree to crypto is one in all the main downside sweet-faced by several cryptocurrencies and exchange, newbies notice it thus onerous to key into cryptocurrencies, or trade cryptos on the exchange because of lack of changing them back to decree or decree to cryptos. OOOBTC exchange aims to stay things terribly straightforward and quick for beginner users wanting to take into the cryptocurrency area. albeit you've got ne'er detected of Bitcoin or Ethereum before, OOOBTC will an awfully sensible job at making a hospitable and informative page that invitations users to explore this new endeavor.
With the debit/credit card implementation, one will straightforward withdraw and deposit decree to buy cryptos employing a straightforward step via Mastercard, verve, visa or the other acceptable card. conjointly with the recent development and partnership with some decree payment suppliers. we'll embody decree mercantilism against cryptos. Example; USD/BTC EUOBX CAD/ETH AUD/LTC we tend to believe that this may facilitate solve the matter sweet-faced by several cryptocurrency exchanges, OOOBTC aims to modify fast and convenient cryptocurrency outlay, anyplace within the world, with none special restrictions or waiting time”.
PROFESSIONALISM
supported the precise and secure technology, our terminal is ready to produce reliable and quality services that ensure you're ready to trade any of ooobtc currency pairs free from all the concerns
OOOBTC is listed on coinmarketcap with over twenty-six,000 btc mercantilism volume, OOOBTC may be accessed seamlessly on the net, Android, iOS, PC, Mac OS, and therefore the H5 mobile browser. additionally, to covering digital assets that are recognized wide, like Bitcoin and Ethereum, OOOBTC will found out an expert analysis team, upholding the concept of openness and cooperation, and selecting high quality blockchain digital assets around the world.

https://preview.redd.it/7xovoqufhs031.jpg?width=571&format=pjpg&auto=webp&s=3204479025189fd21294b04ad322f81581a93324
For more information you can follow the link below: Website : https://www.ooobtc.com
Whitepaper: https://www.ooobtc.com/assets/whitepapeobx.pdf
Telegram: https://t.me/ooobtcExchangeNews
Twitter: https://twitter.com/ooobtcExchange
Facebook: https://www.facebook.com/ooobtcExchangeNews/
Reddit : https://www.reddit.com/OOOBTC
Linkedin: https://www.linkedin.com/company/ooobtc-exchange
Youtube: https://www.youtube.com/channel/UCMvzgkNLsuCNl8LNoub2hjA
Author ; cryptounique
Bitcointalk Profile URL:https://bitcointalk.org/index.php?action=profile;u=2524596
Eth wallet : 0x00a9b763ff87ae5e9c6312779456144a06f6200f
submitted by 1loveone to toqqn [link] [comments]

Fallacy: The key to Bitcoin's decentralization is a small block size

One of the bigger selling points that Core has to keeping blocks small is in the name of decentralization. In this context, decentralization is that as many people as possible in the world should be able to run a full validating node that receive payments (processes transactions).
Let’s take a look at the bare minimum that an individual would need in order to run a full validating node on their own:
The per day costs above exclude any low cost living expenses (dwellings) as it just ranges too widely globally for an accurate estimate.
Let’s say for electricity, the cost range is $0.10-$0.30 cents per hour. With a median of $0.20 cents per hour, for 24 hours, that is a daily cost of $4.80.
For generic computer pricing in 2016, the prices range from $500 to $2000. On the very low end of $500, that is a cost average of $1.36 per day.
For a range of internet costs globally, it’s in excess of $100.00 per month down to around $3.00 per month. In the US, the average is $51.00 per month which falls around the middle of the high and low globally. Using this, it comes out to a daily cost of $1.70.
One of the side effects of keeping the block size small is that users are being introduced into an artificially created fee market. People currently are forced to compete for space on the blockchain when they shouldn’t have to (yet). Many proponents of small blocks say this is a good thing, and that block space is scarce and the higher fees should be welcomed.
At this time, the median fee is $0.12 - $0.15 cents per transaction. When there are transaction backlogs which happens more and more often now, the median fee jumps to $0.20 - $0.25 and higher per transaction with even longer confirmation wait times.
With all of that said, we are looking at a total cost per day for an individual to run a full validating node that processes transactions of $7.86 plus the cost of transactions ($0.12 - $0.15 cents per transaction).
If an individual processes let’s say on the low end of one transaction per month, for 12 months that is $1.44.
At bare minimum, total costs annually is $2,870.34 for one person to run a full validating node. ($7.86 per day * 365 days + $1.44).
If you look at the per capita income across the world, you will see that the cost of running a full validating node quickly reduces the number of people that can afford to do this.
Using data provided Gallup metrics across 131 countries in the world, the median per capita household income is $2,920 annually.
There are 81 countries that fall below the total amount needed annually to run a full validating node (see the red line in the image). There are 51 countries that are able to run a full validating node. Please remember that in this study, we did not include the cost of living (dwellings), meaning that there are probably even more countries of people that cannot afford to run a full validating node.
It’s quite possible that only the top twenty developed countries can actually afford to run a full validating node.
What’s the point of all this?
The point is that if decentralization is key, then 1MB is already too much. People in developing countries are already priced out of Bitcoin on a per transaction basis where the $0.12 cents per transaction is unaffordable even on a basic human level where people will choose to eat over processing a Bitcoin transaction.
Once you factor in the costs of running full validating nodes, all of a sudden only first world developed countries can afford to run them. People that can afford to run them will run them to support the network, it won’t be people below the poverty line.
This means that the 1MB limit in order to keep Bitcoin decentralized is a fallacy that is quite easily debunked.
Satoshi already foresaw this dilemma a long time ago when he said:
The current system where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user runs their own NNTP server. The design supports letting users just be users. The more burden it is to run a node, the fewer nodes there will be. Those few nodes will be big server farms. The rest will be client nodes that only do transactions and don't generate.
He already knew back in 2010 that in the future, it wouldn't be every individual in the world running nodes, but would be farms who can afford to run them that would do it.
Satoshi (Bitcoin's Creator) also suggested that we use SPV to "allow common users to do transactions without being full blown nodes."
I believe it's time we do away with the illogical fallacy that in order to keep Bitcoin decentralized that the block size should remain at 1MB. Even with Segregated Witness we are well exceeding 1MB. This argument is dead in the water in my opinion.
It's time to let the free market decide on the block size and let those that can afford to run full nodes, run them.
submitted by Gobitcoin to btc [link] [comments]

EQWITY: INTRODUCING THE STO PLUS, THE FIRST HYBRID STO STANDARD GIVING RIGHT TO A COMPLIANT SECURITY TOKEN (VOTING/DIVIDENDS) AND A UTILITY TOKEN (ACCESS TO SERVICES) IN A TWO-IN-ONE PACKAGE!

EQWITY: INTRODUCING THE STO PLUS, THE FIRST HYBRID STO STANDARD GIVING RIGHT TO A COMPLIANT SECURITY TOKEN (VOTING/DIVIDENDS) AND A UTILITY TOKEN (ACCESS TO SERVICES) IN A TWO-IN-ONE PACKAGE!

https://preview.redd.it/0155whlpr4p21.jpg?width=1206&format=pjpg&auto=webp&s=3400a70832e7605292c322b0d041df88450da324

OVERVIEW

Today the Security Token Ecosystem needs more services aggregation, processes standardization and procedures digitization in order to achieve a global adoption, and this is why the EQWITY ecosystem is created.
But before we dive into the EQWITY review, let’s have a general look at the crypto market and the problems faced on exchanges.
The cryptocurrency market has seen vast expansion in the last two years with continued increase in market capitalization and in the number of cryptocurrency coins and tokens (which collectively total more than 1,850). This is a result of media hype and media coverage of the crypto market, as well as its unregulated nature that has allowed vast participation by even the most uninformed of retail investors.
This is not surprising as the crypto market far outpaced other markets by staggering amounts. Some cryptocoins gained as much as 20,000% between 2016 and 2017.

THE PROBLEM

The lure of quick and supposedly easy money has not only caught the attention of genuine companies and investors in this space, but has also attracted nefarious entities who want to grab a share of this market. With no regulation to check what is coming into this market as an investment product, a lot of scams have taken over. This poses a real problem in the crypto exchanges and the market at large.
We now have a situation where many scam crypto exchanges are mostly common, and the majority of crypto investors are afraid, unsophisticated investors without the knowledge of how to decipher the scam crypto investments from the real ones.
Lack of regulation in the market and exchanges has also created a situation where there is no trust entity to validate the thousands of new cryptocurrency-based products that are entering the marketplace on a daily basis.
Trusted and accurate information channels that can serve as valid sources of informative and educational content for the unsophisticated, retail investors are lacking.
What is the end result? Many cryptocurrency traders have lost and are still losing money in the crypto market.
High transaction fee after a successful trading is another challenge on the cryptocurrency exchanges, lack of security, liquidity, and so on.

THE SOLUTION

Eqwity is building the easiest way to enter the security token offerings (STOs) market. Eqwity is a decentralized ecosystem that is aggregating, standardizing and digitizing all necessary services for performing a Security Token Offering.
https://preview.redd.it/zhhzwt25u4p21.jpg?width=540&format=pjpg&auto=webp&s=6b3ab996d36925eed7e245ede19dcce0ca745280

Eqwity aims to bring back the notion of access to services by introducing the STO Plus which is a new hybrid model entitling to a compliant security token as well as a utility token for enjoying the services.
Eqwity is the first decentralized ecosystem to easily get into the security token offerings market; and it includes new concepts linked to solutions that will be deployed at different project stages.

THE INTERESTING THINGS TO NOTE OF EQWITY:

  • B° STO+ PLATFORM: The STO Plus platform aims to aggregate and provide all necessary services to set up and perform your Security Token Offering in a unique ecosystem. The overall ecosystem of Eqwity is shaped to support blockchain companies at each milestone of their life cycle, from incubation to liquidity generation. To take the STO concept one step further, Eqwity introduces a new hybrid STO standard as well as the Proof of Viability (PoV), this of course happens to be the first decentralized project audit system based on collaborative competition.
With the development of STO Plus (STO+), Eqwity has successfully introduced a new hybrid model entitling to a compliant security token as well as a utility token in a two-in-one package. This improvement aims to bring back the notion of “access to services”.
  • Proof of Viability (PoV): A project could be compliant without being viable, so to prevent non-viable or destined to fail projects for being able to raise funds from the community, it was important to include an audit phase in the process. The project audit phase had to be the most decentralized possible, operated by professionals and self-financed. Based on this, Eqwity had shaped the first decentralized project audit model named Proof of Viability (PoV).
PoV will be used to determine which project is viable for launching a public offering.
https://preview.redd.it/3jfbqu28u4p21.jpg?width=877&format=pjpg&auto=webp&s=62cf9dd0e7744835391ba7dcaf8b73c2cdeaa24d

HOW THE EQWITY ECOSYSTEM WORKS

Every submitted project will be divided in different parts based on field (financial plan, product market fit, penetration strategy, token economics, and so on) which must be audited. Once this is achieved, each part will be randomly sent to a decentralized network of auditors organized in block fields (financial auditors, marketing auditors, blockchain auditors, legal auditors, and so on). For joining the network of Eqwity, each new auditor will need to be verified first (identity verification, background checking, skills test, project audit simulation).
Several auditors in each block field will compete to be one of the first five to define the project as viable or non-viable in their field. Once this is reached, the audit session is stopped. But, not every auditor gets a reward only the five winners from each block field.
For participating, each voluntary auditor will need to deposit first on the platform the amount in EQY tokens he would desire to earn for his audit service (a max value will be defined by the platform for avoiding abuses and ensuring self-financing).
After the audit session is terminated, three other auditors from each block field will be randomly selected for becoming safeguard auditors. The role of the safeguard auditor is to verify the quality of the audit (relevancy, fraud…) performed by the five winners.
If a majority of safeguards define their audit as relevant, qualitative and free of fraud; the auditors get back their deposit and received the same value as a reward in BTC or ETH. The safeguard will earn a fixed reward previously defined on the platform for this kind of mission.
If a majority of safeguards find a fraud or a real irrelevancy, the concerned auditors will get a black point, in other words a warning, and their deposit will be frozen and sent to safeguards as an additional reward. In this case, the project is resubmitted to the network for a second audit session.
It is important to know that after receiving several black points an auditor is banned from the network for ensuring the highest level of quality in each block field.
And lastly, all audited projects report will be available to the public and recorded in the blockchain.
The Eqwity platform is amazing! Isn’t it?
https://preview.redd.it/p96cot1bu4p21.jpg?width=685&format=pjpg&auto=webp&s=7e8a4725d203c866e3e4be7e375c167cf04d0f3e

HOW THE COMMUNITY VOICE’S VOTING PROCESS WORKS ON EQWITY:

  1. A voting event could be automatically generated by the smart contract (for example; day of decision about dividends sharing) or initiated by founders for deciding on a strategic or non-strategic decision.
  2. The nodes are notified via Community Voice DApp. They get all information regarding the voting event (purpose, rules, dates, and so on).
  3. Each node is notified again for submitting their vote when the voting event starts.
  4. Before the vote is submitted, the smart contract check if the utility token wallet of the node have the sufficient balance for proceeding (1 EQY = 1 Vote).
  5. At the time the vote is submitted, 1 EQY token is debited from the shareholder's wallet and the vote is recorded within the smart contract.
  6. The voting event automatically close once the end date is reached. All nodes are notified at the same time.
  7. They are automatically generated and smart contracted. 8. Once all votes are considered, the results are pushed to all shareholders via Community Voice DApp.

THE UNIQUE FEATURES OF EQWITY

Discussed below are some of the amazing features that stand out this project, EQWITY among others:
  • One-Stop Shop: EQWITY makes readily available all the necessary services to set up and perform your Security Token Offering in a unique decentralized ecosystem.
  • No Coding: EQWITY offers automated Security Tokens issuance without coding a line thanks to its user friendly smart contract generator.
  • Digital Asset Liquidity: Automated digital asset listing on Blockchain Stock Exchange (BSE) for creating your first liquidity is provided on EQWITY.
  • Hybrid Offering Model: With EQWITY, you can be sure of discovering the power of “STO Plus” by offering a compliant security token and a utility token to your investors simultaneously.
  • Easy Compliance Process: On the EQWITY ecosystem, it is easy to perform all your compliance procedures thanks to a fully standardized and smartly digitized process.
  • Project Incubation: EQWITY make easier STOs market penetration to blockchain startups thanks to the first STO-oriented accelerator program.
  • Governance Dapp: EQWITY does facilitate the governance decentralization of your blockchain company via Community Voice Mobile DApp.
https://preview.redd.it/7cva2k9tu4p21.jpg?width=532&format=pjpg&auto=webp&s=b6ebea2221544b60d6d3655d03b8e8044892d171

ROADMAP

By definition, Roadmap is a plan or strategy intended to achieve a particular goal. That is to say the EQWITY 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 EQWITY Roadmap:
https://preview.redd.it/5bgt22pyu4p21.jpg?width=1153&format=pjpg&auto=webp&s=1945060d06ccf060ca58f07d38fbc248e1f49063

TOKEN DETAILS

Eqwity offered hybrid (2) tokens: Security Token (ERC-1400) + Utility Token (ERC-20)
See the specifications of each of the token below:
https://preview.redd.it/ia6jhem1v4p21.png?width=615&format=png&auto=webp&s=5ce942d2218bc0fbc7faba97da771c91a07871e9

MEET THE TEAM

Behind every good project, there must be a solid team who are always brainstorming and working towards on how to achieve the aim of the project. Here in EQWITY, we have a diverse team of individuals with varying backgrounds ranging from experience in technology, business strategy, blockchain, trading, finance, management, marketing, and development.
11 experimented professionals are now involved in the creation of EQWITY ecosystem.
Below are the brains that make up the EQWITY Team;
https://preview.redd.it/3sjy7m19v4p21.png?width=1052&format=png&auto=webp&s=29c6baa54c3be8dc9ab8c4e3de9c3ccbbfa5c004

https://preview.redd.it/rrankplav4p21.png?width=990&format=png&auto=webp&s=1d215500fbf9b0746cbb6a085e420b282e188cd5

CONCLUSION

Rest assured that EQWITY will provide powered-up, cutting-edge features for both the amateurs and professionals crypto users who require the full range of earning more, decision making and fundamentals information at their fingertips.
Key in now into the EQWITY project to safe guard your funds in a unique and welcoming environment, discover promising new technologies and ask or give advice in a community focused on creating a bright future for everyone! Become part of the EQWITY community and be one of its token holders now that the price is still very cheap to afford for everyone.

For more information about the EQWITY project and participation, kindly get connected with these links:
WEBSITE: https://www.eqwity.co.uk/
WHITEPAPER: https://static1.squarespace.com/static/5c442c299772ae79afbcfddd/t/5c6e73fa9140b7056a837981/1550742566664/Eqwity_WhitePaper_V2.pdf
TWITTER: https://twitter.com/eqwity_official
LINKEDIN: https://www.linkedin.com/company/eqwity/
YOUTUBE: