BITCOIN: 10 intrebari si raspunsuri despre investitiile in ...

This is great online invest with telegram bot just click and make account.minimum account invest 0.001 bitcoin and get 4 % commission every 32 day till.

submitted by sherrynav to OnlineLearning [link] [comments]

Earn free bitcoin with BitcoinClix.net - Earn 0.001 Bitcoin without investment

Earn free bitcoin with BitcoinClix.net - Earn 0.001 Bitcoin without investment submitted by baba312mast to u/baba312mast [link] [comments]

03-24 12:14 - 'Earn daily trade profit 0.50% - 1.00% on the investment of 0.001 BTC. - arbpassive.com' (arbpassive.com) by /u/arbpassive removed from /r/Bitcoin within 0-9min

Earn daily trade profit 0.50% - 1.00% on the investment of 0.001 BTC. - arbpassive.com
Go1dfish undelete link
unreddit undelete link
Author: arbpassive
submitted by removalbot to removalbot [link] [comments]

03-13 04:13 - 'Let me tell you all a story. In 2009 bitcoin was created. It was the first digital currency and was valued at $0.001 per bitcoin. A lot of people invested in this technology and acquired a lot of coins. In 2017 the v...' by /u/emanuelerighes10 removed from /r/Bitcoin within 172-182min

'''
Let me tell you all a story. In 2009 bitcoin was created. It was the first digital currency and was valued at $0.001 per bitcoin. A lot of people invested in this technology and acquired a lot of coins. In 2017 the value of bitcoin rose to about $20k per bitcoin. Investors who had just 100,000 bitcoins made so much money from this. A lot of people missed this train and wished they can travel back in time to invest. If you had such a wonderful opportunity with a new coin , will you miss this wonderful opportunity? Contact me for ICO advisory services
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: emanuelerighes10
submitted by removalbot to removalbot [link] [comments]

Earn 0.001 bitcoin daily free without investment

Earn 0.001 bitcoin daily free without investment submitted by shawandas008 to u/shawandas008 [link] [comments]

Join Hashmoon now to get 150 GH/s for free! Min. investment 0.001 btc withdrawal from 0.0002 btc /r/bitcoin_unlimited

Join Hashmoon now to get 150 GH/s for free! Min. investment 0.001 btc withdrawal from 0.0002 btc /bitcoin_unlimited submitted by BitcoinAllBot to BitcoinAll [link] [comments]

0.0100 MH/s Register Bonus Payments : Daily / Automatic Minimum Deposid : 0.001 BTC Minimum Withdraw : 0.001 BTC Investment Plan : 3.0%/Daily 93.0%/Monthly 1095.0%/Yearly Affiliate Program : 3%-4%-5% For each active referral Accept : BitCoin

0.0100 MH/s Register Bonus Payments : Daily / Automatic Minimum Deposid : 0.001 BTC Minimum Withdraw : 0.001 BTC Investment Plan : 3.0%/Daily 93.0%/Monthly 1095.0%/Yearly Affiliate Program : 3%-4%-5% For each active referral Accept : BitCoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Found a bitcoin earning website that can make huge money with a minimum investment of only 0.001 AND ITS NOT EVEN GAMBLING!!:D /r/btc

Found a bitcoin earning website that can make huge money with a minimum investment of only 0.001 AND ITS NOT EVEN GAMBLING!!:D /btc submitted by BitcoinAll to BitcoinAll [link] [comments]

Here is how to play the altcoin game - for newbies & champs

I have been here for many previous altcoin seasons (2013,2017 etc) and wanted to share knowedle. It's a LOOONG article.
The evaluation of altcoins (i.e not Bitcoin) is one of the most difficult and profitable exercises. Here I will outline my methodology and thinking but we have to take some things as a given. The first is that the whole market is going up or down with forces that we can't predict or control. Bitcoin is correlated with economic environments, money supply increases, safe havens such as Gold, hype and country regulations. This is an impossible mix to analyze and almost everyone fails at it. That's why you see people valuing Bitcoin from $100 to $500k frequently. Although I am bullish on the prospects of Bitcoin and decentralization and smart contract platforms, this is not the game I will be describing. I am talking about a game where you try to maximize your BTC holdings by investing in altcoins. We win this game even if we are at a loss in fiat currency value. To put it another way:
If you are not bullish in general on cryptocurrencies you have no place in investing or trading cryptocurrencies since it's always a losing proposition to trade in bubbles, a scientifically proven fact. If on the other hand you are then your goal is to grow your portfolio more than you would if holding BTC/ETH for example.

Bitcoin is the big boy

How the market works is not easily identifiable if you haven't graduated from the 2017 crypto university. When there is a bull market everything seems amazingly profitable and things keep going up outgrowing Bitcoin by orders of magnitude and you are a genius. The problem with this is that it only works while Bitcoin is going up a little bit or trades sideways. When it decides to move big then altcoins lose value both on the way up and on the way down. The second part is obvious and proven since all altcoins from 2017 are at a fraction of their BTC value (usually in the range of 80% or more down). Also, when BTC is making a big move upwards everyone exits altcoins to ride the wave. It is possible that the altcoin market behaves as an inversed leveraged ETF with leakage where in a certain period while Bitcoin starts at 10k and ends at 10k for example, altcoins have lost a lot of value because of the above things happening.

We are doing it anyway champ!

OK so we understand the risks and just wanna gambol with our money right? I get it. Why do that? Because finding the ideal scenario and period can be extremely profitable. In 2017 several altcoins went up 40x more than BTC. But again, if you don't chose wisely many of them have gone back to zero (the author has first hand experience in this!), they have been delisted and nobody remembers them. The actual mentality to have is very important and resembles poker and other speculative games:
A certain altcoin can go up in value indefinitely but can only lose it's starting investment. Think about it. You either lose 1 metric or gain many many more. Now that sounds amazing but firstly as we said we have the goal to outperform our benchmark (BTC) and secondly that going up in value a lot means that the probability is quite low. There is this notion of Expected Value (EV) that poker players apply in these kind of situations and it goes like that. If you think that a certain coin has a probability let's say 10% to go up 10X and 90% probability it goes to zero it's an even bet. If you think that probability is 11% then it's a good bet, a profitable bet and you should take it. You get the point right? It's not that it can only go 10X or 0X, there is a whole range of probability outcomes that are too mathematical to explain here and it doesn't help so much because nobody can do such analysis with altcoins. See below on how we can approximate it.

How to evaluate altcoins

A range of different things to take into account outlined below will form our decision making. Not a single one of them should dictate 100% of our strategy.

Basics

It's all about market cap. Repeat after me. The price of a coin doesn't mean anything. Say it 10 times until you believe it. I can't remember how many times I had conversations with people that were comparing coins using their coin price instead of their market cap. To make this easy to get.
If I decide because the sky is blue to make my coin supply 100 Trillion FoolCoins with a price of $0.001 and there is another WiseCoin with a supply of 100 Million and price of $1 then FoolCoins are more expensive. - Alex Fin's Cap Law

Fundamental analysis

This is done usually in the stock world and it means that each company has some fundamental value that includes it's assets, customers, growth prospects, sector prospects and leadership competence but mostly centered in financial measures such as P/E ratios etc. Valuation is a proper economic discipline by itself taught in universities. OK, now throw everything out of the window!.
This kind of analysis is impossible in vague concepts and innovations that are currently cryptocurrencies. Ethereum was frequently priced at the fictional price of gas when all financial systems on earth run on the platform after decades (a bit of exaggeration here). No project is currently profitable enough to justify a valuation multiple that is usually equal to P/E in the thousands or more. As such we need to take other things into account. What I do is included in the list below:

Relative valuation

One of my favorite ways to value altcoins that is based on the same principle in the stock market is to look at peers and decide what is the maximum cap it can grow to. As an example you take a second layer Ethereum solution that has an ICO and you want to decide if you will enter or not. You can take a look at other coins that are in the same business and compare their market caps. Thinking that your coin will outperform by a lot the top coins currently is overly optimistic so I usually take a lower valuation as a target price. If the initial offering is directly implying a valuation that is more than that then there is no room to grow according to my analysis and I skip it. Many times this has proven me wrong because it's a game theory problem where if many people think irrationally in a market it becomes a self-fulfilling prophecy. But since there is opportunity cost involved, in the long run, getting in initial offerings that have a lot of room to grow will pay off as a strategy.

Sector prospects

In 2017 the sexiest sector was platforms and then coins including privacy ones. Platforms are obviously still a highly rated sector because everything is being built on them, but privacy is not as hot as it used to be. In 2018 DEXes were all they hype but still people are massively using centralized exchanges. In 2020 Defi is the hottest sector and it includes platforms, oracles and Defi projects. What I am saying is that a project gets extra points if it's a Defi one in 2020 and minus points if it's a payment system that will conquer the world as it was in 2017 because that's old news. This is closely related to the next section.

Hype

Needless to say that the crypto market is a worse FOMO type of inexperienced trigger happy yolo investors , much worse than the Robinhood crowd that drove a bankrupt company's stock 1200% after they declared bankruptcy. The result is that there are numerous projects that are basically either vaporware or just so overhyped that their valuation has no connection to reality. Should we avoid those kind of projects? No and I will explain why. There are many very good technically projects that had zero hype potential due to incompetent marketing departments that made them tank. An example (without shilling because I sold out a while back) is Quantum Resistant Ledger. This project has amazing quantum resistant blockchain, the only one running now, has a platform that people can build tokens and messaging systems and other magnificent stuff. Just check how they fared up to now and you will get the point. A project *needs* to have a hype factor because you cannot judge it as normal stocks that you can do value investing like Warren Buffet does where a company will inevitable post sales and profitability numbers and investors will get dividends. Actually the last sentence is the most important: No dividends. Even projects that give you tokens or coins as dividends are not real dividends because if the coin tanks the value of the dividend tanks. This is NOT the case with company stocks where you get dollars even if the company stock tanks. All that being said, I would advice against betting on projects that have a lot of hype but little substance (but that should be obvious!).

How to construct your portfolio

My strategy and philosophy in investing is that risk should be proportional to investment capital. That means that if you are investing 100K in the crypto market your portfolio should be very different than someone investing 1K because 10% annual gains are nothing in the latter while they are very significant in the former. Starting from this principle each individual needs to construct a portfolio according to how much risk he wants to take. I will emphasize two important concepts that play well with what I said. In the first instance of a big portfolio you should concentrate on this mantra: "Diversification is the only free meal in finance". In the case of a small portfolio then this mantra is more important: "Concentrate to create wealth, diversify to maintain wealth". Usually in a big portfolio you would want to hold some big coins such as BTC and ETH to weather the ups and downs explained in previous paragraphs while generating profits and keep progressively smaller parts of your portfolio for riskier investments. Maybe 50% of this portfolio could be big caps and 10% very risky initial offerings. Adapting risk progressively to smaller portfolios makes sense but I think it would be irrational to keep more than 30% of a portfolio no matter what tied to one coin due to the very high risk of bankruptcy.

Conclusion

The altseason is supposedly coming every 3 months. Truth is that nobody can predict it but altcoins can be profitable no matter what. Forget about maximalists who are stuck in their dogmas. Altcoins deliver different value propositions and it makes sense because we are very far from a situation where some project offers everything like Amazon and we wouldn't even want that in the first place since we are talking about decentralization and not a winner takes all and becomes a monster kind of scenario! Some last minute advice:
P.S If you find value in reading this and want more weekly consider subscribing to my newsletter here
submitted by aelaos1 to CryptoCurrency [link] [comments]

Interdax’s Summer-themed Trading Competition with $60,000 Prize Pool!

Interdax is hosting DaxSummer that starts on Monday August 31st at 12:00 UTC. https://app.interdax.com/app/battles/daxsummer. You can enter even after the trading battle has started.
How does it work?
Each participant starts with a minimum initial stack of 0.05 BTC and has one month to trade our bitcoin perpetual contract (BTC-PERP) to generate the highest return on investment. On September 23rd, the top 25 traders with the highest return on investment will win a share of the 5 BTC prize pool.
The prize pool increases as more traders join the battle. For each additional 100 traders that join DaxSummer, the prize pool for the top 25 increases, up to a maximum of 10 BTC.
You can see the full prize distribution here
More information regarding how our trading competitions work - https://help.interdax.com/hc/en-001/articles/360002865358-What-are-Trading-Battles-
Requirements?
At least 0.05 BTC is required to take part. It's important to note that there is 0 entry fee and that 0.05 BTC is essentially your trading stack. Once the competition is over, your battle sub-account will be unlocked, transfers will be enabled and you will keep the whole balance as well as winning a potential prize if you end up in the top 25.
Good luck from the Interdax team!
submitted by Jamie_Interdax to BitcoinMarkets [link] [comments]

Why i’m bullish on Zilliqa (long read)

Edit: TL;DR added in the comments
 
Hey all, I've been researching coins since 2017 and have gone through 100s of them in the last 3 years. I got introduced to blockchain via Bitcoin of course, analyzed Ethereum thereafter and from that moment I have a keen interest in smart contact platforms. I’m passionate about Ethereum but I find Zilliqa to have a better risk-reward ratio. Especially because Zilliqa has found an elegant balance between being secure, decentralized and scalable in my opinion.
 
Below I post my analysis of why from all the coins I went through I’m most bullish on Zilliqa (yes I went through Tezos, EOS, NEO, VeChain, Harmony, Algorand, Cardano etc.). Note that this is not investment advice and although it's a thorough analysis there is obviously some bias involved. Looking forward to what you all think!
 
Fun fact: the name Zilliqa is a play on ‘silica’ silicon dioxide which means “Silicon for the high-throughput consensus computer.”
 
This post is divided into (i) Technology, (ii) Business & Partnerships, and (iii) Marketing & Community. I’ve tried to make the technology part readable for a broad audience. If you’ve ever tried understanding the inner workings of Bitcoin and Ethereum you should be able to grasp most parts. Otherwise, just skim through and once you are zoning out head to the next part.
 
Technology and some more:
 
Introduction
 
The technology is one of the main reasons why I’m so bullish on Zilliqa. First thing you see on their website is: “Zilliqa is a high-performance, high-security blockchain platform for enterprises and next-generation applications.” These are some bold statements.
 
Before we deep dive into the technology let’s take a step back in time first as they have quite the history. The initial research paper from which Zilliqa originated dates back to August 2016: Elastico: A Secure Sharding Protocol For Open Blockchains where Loi Luu (Kyber Network) is one of the co-authors. Other ideas that led to the development of what Zilliqa has become today are: Bitcoin-NG, collective signing CoSi, ByzCoin and Omniledger.
 
The technical white paper was made public in August 2017 and since then they have achieved everything stated in the white paper and also created their own open source intermediate level smart contract language called Scilla (functional programming language similar to OCaml) too.
 
Mainnet is live since the end of January 2019 with daily transaction rates growing continuously. About a week ago mainnet reached 5 million transactions, 500.000+ addresses in total along with 2400 nodes keeping the network decentralized and secure. Circulating supply is nearing 11 billion and currently only mining rewards are left. The maximum supply is 21 billion with annual inflation being 7.13% currently and will only decrease with time.
 
Zilliqa realized early on that the usage of public cryptocurrencies and smart contracts were increasing but decentralized, secure, and scalable alternatives were lacking in the crypto space. They proposed to apply sharding onto a public smart contract blockchain where the transaction rate increases almost linear with the increase in the amount of nodes. More nodes = higher transaction throughput and increased decentralization. Sharding comes in many forms and Zilliqa uses network-, transaction- and computational sharding. Network sharding opens up the possibility of using transaction- and computational sharding on top. Zilliqa does not use state sharding for now. We’ll come back to this later.
 
Before we continue dissecting how Zilliqa achieves such from a technological standpoint it’s good to keep in mind that a blockchain being decentralised and secure and scalable is still one of the main hurdles in allowing widespread usage of decentralised networks. In my opinion this needs to be solved first before blockchains can get to the point where they can create and add large scale value. So I invite you to read the next section to grasp the underlying fundamentals. Because after all these premises need to be true otherwise there isn’t a fundamental case to be bullish on Zilliqa, right?
 
Down the rabbit hole
 
How have they achieved this? Let’s define the basics first: key players on Zilliqa are the users and the miners. A user is anybody who uses the blockchain to transfer funds or run smart contracts. Miners are the (shard) nodes in the network who run the consensus protocol and get rewarded for their service in Zillings (ZIL). The mining network is divided into several smaller networks called shards, which is also referred to as ‘network sharding’. Miners subsequently are randomly assigned to a shard by another set of miners called DS (Directory Service) nodes. The regular shards process transactions and the outputs of these shards are eventually combined by the DS shard as they reach consensus on the final state. More on how these DS shards reach consensus (via pBFT) will be explained later on.
 
The Zilliqa network produces two types of blocks: DS blocks and Tx blocks. One DS Block consists of 100 Tx Blocks. And as previously mentioned there are two types of nodes concerned with reaching consensus: shard nodes and DS nodes. Becoming a shard node or DS node is being defined by the result of a PoW cycle (Ethash) at the beginning of the DS Block. All candidate mining nodes compete with each other and run the PoW (Proof-of-Work) cycle for 60 seconds and the submissions achieving the highest difficulty will be allowed on the network. And to put it in perspective: the average difficulty for one DS node is ~ 2 Th/s equaling 2.000.000 Mh/s or 55 thousand+ GeForce GTX 1070 / 8 GB GPUs at 35.4 Mh/s. Each DS Block 10 new DS nodes are allowed. And a shard node needs to provide around 8.53 GH/s currently (around 240 GTX 1070s). Dual mining ETH/ETC and ZIL is possible and can be done via mining software such as Phoenix and Claymore. There are pools and if you have large amounts of hashing power (Ethash) available you could mine solo.
 
The PoW cycle of 60 seconds is a peak performance and acts as an entry ticket to the network. The entry ticket is called a sybil resistance mechanism and makes it incredibly hard for adversaries to spawn lots of identities and manipulate the network with these identities. And after every 100 Tx Blocks which corresponds to roughly 1,5 hour this PoW process repeats. In between these 1,5 hour, no PoW needs to be done meaning Zilliqa’s energy consumption to keep the network secure is low. For more detailed information on how mining works click here.
Okay, hats off to you. You have made it this far. Before we go any deeper down the rabbit hole we first must understand why Zilliqa goes through all of the above technicalities and understand a bit more what a blockchain on a more fundamental level is. Because the core of Zilliqa’s consensus protocol relies on the usage of pBFT (practical Byzantine Fault Tolerance) we need to know more about state machines and their function. Navigate to Viewblock, a Zilliqa block explorer, and just come back to this article. We will use this site to navigate through a few concepts.
 
We have established that Zilliqa is a public and distributed blockchain. Meaning that everyone with an internet connection can send ZILs, trigger smart contracts, etc. and there is no central authority who fully controls the network. Zilliqa and other public and distributed blockchains (like Bitcoin and Ethereum) can also be defined as state machines.
 
Taking the liberty of paraphrasing examples and definitions given by Samuel Brooks’ medium article, he describes the definition of a blockchain (like Zilliqa) as: “A peer-to-peer, append-only datastore that uses consensus to synchronize cryptographically-secure data”.
 
Next, he states that: "blockchains are fundamentally systems for managing valid state transitions”. For some more context, I recommend reading the whole medium article to get a better grasp of the definitions and understanding of state machines. Nevertheless, let’s try to simplify and compile it into a single paragraph. Take traffic lights as an example: all its states (red, amber, and green) are predefined, all possible outcomes are known and it doesn’t matter if you encounter the traffic light today or tomorrow. It will still behave the same. Managing the states of a traffic light can be done by triggering a sensor on the road or pushing a button resulting in one traffic lights’ state going from green to red (via amber) and another light from red to green.
 
With public blockchains like Zilliqa, this isn’t so straightforward and simple. It started with block #1 almost 1,5 years ago and every 45 seconds or so a new block linked to the previous block is being added. Resulting in a chain of blocks with transactions in it that everyone can verify from block #1 to the current #647.000+ block. The state is ever changing and the states it can find itself in are infinite. And while the traffic light might work together in tandem with various other traffic lights, it’s rather insignificant comparing it to a public blockchain. Because Zilliqa consists of 2400 nodes who need to work together to achieve consensus on what the latest valid state is while some of these nodes may have latency or broadcast issues, drop offline or are deliberately trying to attack the network, etc.
 
Now go back to the Viewblock page take a look at the amount of transaction, addresses, block and DS height and then hit refresh. Obviously as expected you see new incremented values on one or all parameters. And how did the Zilliqa blockchain manage to transition from a previous valid state to the latest valid state? By using pBFT to reach consensus on the latest valid state.
 
After having obtained the entry ticket, miners execute pBFT to reach consensus on the ever-changing state of the blockchain. pBFT requires a series of network communication between nodes, and as such there is no GPU involved (but CPU). Resulting in the total energy consumed to keep the blockchain secure, decentralized and scalable being low.
 
pBFT stands for practical Byzantine Fault Tolerance and is an optimization on the Byzantine Fault Tolerant algorithm. To quote Blockonomi: “In the context of distributed systems, Byzantine Fault Tolerance is the ability of a distributed computer network to function as desired and correctly reach a sufficient consensus despite malicious components (nodes) of the system failing or propagating incorrect information to other peers.” Zilliqa is such a distributed computer network and depends on the honesty of the nodes (shard and DS) to reach consensus and to continuously update the state with the latest block. If pBFT is a new term for you I can highly recommend the Blockonomi article.
 
The idea of pBFT was introduced in 1999 - one of the authors even won a Turing award for it - and it is well researched and applied in various blockchains and distributed systems nowadays. If you want more advanced information than the Blockonomi link provides click here. And if you’re in between Blockonomi and the University of Singapore read the Zilliqa Design Story Part 2 dating from October 2017.
Quoting from the Zilliqa tech whitepaper: “pBFT relies upon a correct leader (which is randomly selected) to begin each phase and proceed when the sufficient majority exists. In case the leader is byzantine it can stall the entire consensus protocol. To address this challenge, pBFT offers a view change protocol to replace the byzantine leader with another one.”
 
pBFT can tolerate ⅓ of the nodes being dishonest (offline counts as Byzantine = dishonest) and the consensus protocol will function without stalling or hiccups. Once there are more than ⅓ of dishonest nodes but no more than ⅔ the network will be stalled and a view change will be triggered to elect a new DS leader. Only when more than ⅔ of the nodes are dishonest (66%) double-spend attacks become possible.
 
If the network stalls no transactions can be processed and one has to wait until a new honest leader has been elected. When the mainnet was just launched and in its early phases, view changes happened regularly. As of today the last stalling of the network - and view change being triggered - was at the end of October 2019.
 
Another benefit of using pBFT for consensus besides low energy is the immediate finality it provides. Once your transaction is included in a block and the block is added to the chain it’s done. Lastly, take a look at this article where three types of finality are being defined: probabilistic, absolute and economic finality. Zilliqa falls under the absolute finality (just like Tendermint for example). Although lengthy already we skipped through some of the inner workings from Zilliqa’s consensus: read the Zilliqa Design Story Part 3 and you will be close to having a complete picture on it. Enough about PoW, sybil resistance mechanism, pBFT, etc. Another thing we haven’t looked at yet is the amount of decentralization.
 
Decentralisation
 
Currently, there are four shards, each one of them consisting of 600 nodes. 1 shard with 600 so-called DS nodes (Directory Service - they need to achieve a higher difficulty than shard nodes) and 1800 shard nodes of which 250 are shard guards (centralized nodes controlled by the team). The amount of shard guards has been steadily declining from 1200 in January 2019 to 250 as of May 2020. On the Viewblock statistics, you can see that many of the nodes are being located in the US but those are only the (CPU parts of the) shard nodes who perform pBFT. There is no data from where the PoW sources are coming. And when the Zilliqa blockchain starts reaching its transaction capacity limit, a network upgrade needs to be executed to lift the current cap of maximum 2400 nodes to allow more nodes and formation of more shards which will allow to network to keep on scaling according to demand.
Besides shard nodes there are also seed nodes. The main role of seed nodes is to serve as direct access points (for end-users and clients) to the core Zilliqa network that validates transactions. Seed nodes consolidate transaction requests and forward these to the lookup nodes (another type of nodes) for distribution to the shards in the network. Seed nodes also maintain the entire transaction history and the global state of the blockchain which is needed to provide services such as block explorers. Seed nodes in the Zilliqa network are comparable to Infura on Ethereum.
 
The seed nodes were first only operated by Zilliqa themselves, exchanges and Viewblock. Operators of seed nodes like exchanges had no incentive to open them for the greater public. They were centralised at first. Decentralisation at the seed nodes level has been steadily rolled out since March 2020 ( Zilliqa Improvement Proposal 3 ). Currently the amount of seed nodes is being increased, they are public-facing and at the same time PoS is applied to incentivize seed node operators and make it possible for ZIL holders to stake and earn passive yields. Important distinction: seed nodes are not involved with consensus! That is still PoW as entry ticket and pBFT for the actual consensus.
 
5% of the block rewards are being assigned to seed nodes (from the beginning in 2019) and those are being used to pay out ZIL stakers. The 5% block rewards with an annual yield of 10.03% translate to roughly 610 MM ZILs in total that can be staked. Exchanges use the custodial variant of staking and wallets like Moonlet will use the non-custodial version (starting in Q3 2020). Staking is being done by sending ZILs to a smart contract created by Zilliqa and audited by Quantstamp.
 
With a high amount of DS; shard nodes and seed nodes becoming more decentralized too, Zilliqa qualifies for the label of decentralized in my opinion.
 
Smart contracts
 
Let me start by saying I’m not a developer and my programming skills are quite limited. So I‘m taking the ELI5 route (maybe 12) but if you are familiar with Javascript, Solidity or specifically OCaml please head straight to Scilla - read the docs to get a good initial grasp of how Zilliqa’s smart contract language Scilla works and if you ask yourself “why another programming language?” check this article. And if you want to play around with some sample contracts in an IDE click here. The faucet can be found here. And more information on architecture, dapp development and API can be found on the Developer Portal.
If you are more into listening and watching: check this recent webinar explaining Zilliqa and Scilla. Link is time-stamped so you’ll start right away with a platform introduction, roadmap 2020 and afterwards a proper Scilla introduction.
 
Generalized: programming languages can be divided into being ‘object-oriented’ or ‘functional’. Here is an ELI5 given by software development academy: * “all programs have two basic components, data – what the program knows – and behavior – what the program can do with that data. So object-oriented programming states that combining data and related behaviors in one place, is called “object”, which makes it easier to understand how a particular program works. On the other hand, functional programming argues that data and behavior are different things and should be separated to ensure their clarity.” *
 
Scilla is on the functional side and shares similarities with OCaml: OCaml is a general-purpose programming language with an emphasis on expressiveness and safety. It has an advanced type system that helps catch your mistakes without getting in your way. It's used in environments where a single mistake can cost millions and speed matters, is supported by an active community, and has a rich set of libraries and development tools. For all its power, OCaml is also pretty simple, which is one reason it's often used as a teaching language.
 
Scilla is blockchain agnostic, can be implemented onto other blockchains as well, is recognized by academics and won a so-called Distinguished Artifact Award award at the end of last year.
 
One of the reasons why the Zilliqa team decided to create their own programming language focused on preventing smart contract vulnerabilities is that adding logic on a blockchain, programming, means that you cannot afford to make mistakes. Otherwise, it could cost you. It’s all great and fun blockchains being immutable but updating your code because you found a bug isn’t the same as with a regular web application for example. And with smart contracts, it inherently involves cryptocurrencies in some form thus value.
 
Another difference with programming languages on a blockchain is gas. Every transaction you do on a smart contract platform like Zilliqa or Ethereum costs gas. With gas you basically pay for computational costs. Sending a ZIL from address A to address B costs 0.001 ZIL currently. Smart contracts are more complex, often involve various functions and require more gas (if gas is a new concept click here ).
 
So with Scilla, similar to Solidity, you need to make sure that “every function in your smart contract will run as expected without hitting gas limits. An improper resource analysis may lead to situations where funds may get stuck simply because a part of the smart contract code cannot be executed due to gas limits. Such constraints are not present in traditional software systems”. Scilla design story part 1
 
Some examples of smart contract issues you’d want to avoid are: leaking funds, ‘unexpected changes to critical state variables’ (example: someone other than you setting his or her address as the owner of the smart contract after creation) or simply killing a contract.
 
Scilla also allows for formal verification. Wikipedia to the rescue: In the context of hardware and software systems, formal verification is the act of proving or disproving the correctness of intended algorithms underlying a system with respect to a certain formal specification or property, using formal methods of mathematics.
 
Formal verification can be helpful in proving the correctness of systems such as: cryptographic protocols, combinational circuits, digital circuits with internal memory, and software expressed as source code.
 
Scilla is being developed hand-in-hand with formalization of its semantics and its embedding into the Coq proof assistant — a state-of-the art tool for mechanized proofs about properties of programs.”
 
Simply put, with Scilla and accompanying tooling developers can be mathematically sure and proof that the smart contract they’ve written does what he or she intends it to do.
 
Smart contract on a sharded environment and state sharding
 
There is one more topic I’d like to touch on: smart contract execution in a sharded environment (and what is the effect of state sharding). This is a complex topic. I’m not able to explain it any easier than what is posted here. But I will try to compress the post into something easy to digest.
 
Earlier on we have established that Zilliqa can process transactions in parallel due to network sharding. This is where the linear scalability comes from. We can define simple transactions: a transaction from address A to B (Category 1), a transaction where a user interacts with one smart contract (Category 2) and the most complex ones where triggering a transaction results in multiple smart contracts being involved (Category 3). The shards are able to process transactions on their own without interference of the other shards. With Category 1 transactions that is doable, with Category 2 transactions sometimes if that address is in the same shard as the smart contract but with Category 3 you definitely need communication between the shards. Solving that requires to make a set of communication rules the protocol needs to follow in order to process all transactions in a generalised fashion.
 
And this is where the downsides of state sharding comes in currently. All shards in Zilliqa have access to the complete state. Yes the state size (0.1 GB at the moment) grows and all of the nodes need to store it but it also means that they don’t need to shop around for information available on other shards. Requiring more communication and adding more complexity. Computer science knowledge and/or developer knowledge required links if you want to dig further: Scilla - language grammar Scilla - Foundations for Verifiable Decentralised Computations on a Blockchain Gas Accounting NUS x Zilliqa: Smart contract language workshop
 
Easier to follow links on programming Scilla https://learnscilla.com/home Ivan on Tech
 
Roadmap / Zilliqa 2.0
 
There is no strict defined roadmap but here are topics being worked on. And via the Zilliqa website there is also more information on the projects they are working on.
 
Business & Partnerships
 
It’s not only technology in which Zilliqa seems to be excelling as their ecosystem has been expanding and starting to grow rapidly. The project is on a mission to provide OpenFinance (OpFi) to the world and Singapore is the right place to be due to its progressive regulations and futuristic thinking. Singapore has taken a proactive approach towards cryptocurrencies by introducing the Payment Services Act 2019 (PS Act). Among other things, the PS Act will regulate intermediaries dealing with certain cryptocurrencies, with a particular focus on consumer protection and anti-money laundering. It will also provide a stable regulatory licensing and operating framework for cryptocurrency entities, effectively covering all crypto businesses and exchanges based in Singapore. According to PWC 82% of the surveyed executives in Singapore reported blockchain initiatives underway and 13% of them have already brought the initiatives live to the market. There is also an increasing list of organizations that are starting to provide digital payment services. Moreover, Singaporean blockchain developers Building Cities Beyond has recently created an innovation $15 million grant to encourage development on its ecosystem. This all suggests that Singapore tries to position itself as (one of) the leading blockchain hubs in the world.
 
Zilliqa seems to already take advantage of this and recently helped launch Hg Exchange on their platform, together with financial institutions PhillipCapital, PrimePartners and Fundnel. Hg Exchange, which is now approved by the Monetary Authority of Singapore (MAS), uses smart contracts to represent digital assets. Through Hg Exchange financial institutions worldwide can use Zilliqa's safe-by-design smart contracts to enable the trading of private equities. For example, think of companies such as Grab, Airbnb, SpaceX that are not available for public trading right now. Hg Exchange will allow investors to buy shares of private companies & unicorns and capture their value before an IPO. Anquan, the main company behind Zilliqa, has also recently announced that they became a partner and shareholder in TEN31 Bank, which is a fully regulated bank allowing for tokenization of assets and is aiming to bridge the gap between conventional banking and the blockchain world. If STOs, the tokenization of assets, and equity trading will continue to increase, then Zilliqa’s public blockchain would be the ideal candidate due to its strategic positioning, partnerships, regulatory compliance and the technology that is being built on top of it.
 
What is also very encouraging is their focus on banking the un(der)banked. They are launching a stablecoin basket starting with XSGD. As many of you know, stablecoins are currently mostly used for trading. However, Zilliqa is actively trying to broaden the use case of stablecoins. I recommend everybody to read this text that Amrit Kumar wrote (one of the co-founders). These stablecoins will be integrated in the traditional markets and bridge the gap between the crypto world and the traditional world. This could potentially revolutionize and legitimise the crypto space if retailers and companies will for example start to use stablecoins for payments or remittances, instead of it solely being used for trading.
 
Zilliqa also released their DeFi strategic roadmap (dating November 2019) which seems to be aligning well with their OpFi strategy. A non-custodial DEX is coming to Zilliqa made by Switcheo which allows cross-chain trading (atomic swaps) between ETH, EOS and ZIL based tokens. They also signed a Memorandum of Understanding for a (soon to be announced) USD stablecoin. And as Zilliqa is all about regulations and being compliant, I’m speculating on it to be a regulated USD stablecoin. Furthermore, XSGD is already created and visible on block explorer and XIDR (Indonesian Stablecoin) is also coming soon via StraitsX. Here also an overview of the Tech Stack for Financial Applications from September 2019. Further quoting Amrit Kumar on this:
 
There are two basic building blocks in DeFi/OpFi though: 1) stablecoins as you need a non-volatile currency to get access to this market and 2) a dex to be able to trade all these financial assets. The rest are built on top of these blocks.
 
So far, together with our partners and community, we have worked on developing these building blocks with XSGD as a stablecoin. We are working on bringing a USD-backed stablecoin as well. We will soon have a decentralised exchange developed by Switcheo. And with HGX going live, we are also venturing into the tokenization space. More to come in the future.”
 
Additionally, they also have this ZILHive initiative that injects capital into projects. There have been already 6 waves of various teams working on infrastructure, innovation and research, and they are not from ASEAN or Singapore only but global: see Grantees breakdown by country. Over 60 project teams from over 20 countries have contributed to Zilliqa's ecosystem. This includes individuals and teams developing wallets, explorers, developer toolkits, smart contract testing frameworks, dapps, etc. As some of you may know, Unstoppable Domains (UD) blew up when they launched on Zilliqa. UD aims to replace cryptocurrency addresses with a human-readable name and allows for uncensorable websites. Zilliqa will probably be the only one able to handle all these transactions onchain due to ability to scale and its resulting low fees which is why the UD team launched this on Zilliqa in the first place. Furthermore, Zilliqa also has a strong emphasis on security, compliance, and privacy, which is why they partnered with companies like Elliptic, ChainSecurity (part of PwC Switzerland), and Incognito. Their sister company Aqilliz (Zilliqa spelled backwards) focuses on revolutionizing the digital advertising space and is doing interesting things like using Zilliqa to track outdoor digital ads with companies like Foodpanda.
 
Zilliqa is listed on nearly all major exchanges, having several different fiat-gateways and recently have been added to Binance’s margin trading and futures trading with really good volume. They also have a very impressive team with good credentials and experience. They don't just have “tech people”. They have a mix of tech people, business people, marketeers, scientists, and more. Naturally, it's good to have a mix of people with different skill sets if you work in the crypto space.
 
Marketing & Community
 
Zilliqa has a very strong community. If you just follow their Twitter their engagement is much higher for a coin that has approximately 80k followers. They also have been ‘coin of the day’ by LunarCrush many times. LunarCrush tracks real-time cryptocurrency value and social data. According to their data, it seems Zilliqa has a more fundamental and deeper understanding of marketing and community engagement than almost all other coins. While almost all coins have been a bit frozen in the last months, Zilliqa seems to be on its own bull run. It was somewhere in the 100s a few months ago and is currently ranked #46 on CoinGecko. Their official Telegram also has over 20k people and is very active, and their community channel which is over 7k now is more active and larger than many other official channels. Their local communities also seem to be growing.
 
Moreover, their community started ‘Zillacracy’ together with the Zilliqa core team ( see www.zillacracy.com ). It’s a community-run initiative where people from all over the world are now helping with marketing and development on Zilliqa. Since its launch in February 2020 they have been doing a lot and will also run their own non-custodial seed node for staking. This seed node will also allow them to start generating revenue for them to become a self sustaining entity that could potentially scale up to become a decentralized company working in parallel with the Zilliqa core team. Comparing it to all the other smart contract platforms (e.g. Cardano, EOS, Tezos etc.) they don't seem to have started a similar initiative (correct me if I’m wrong though). This suggests in my opinion that these other smart contract platforms do not fully understand how to utilize the ‘power of the community’. This is something you cannot ‘buy with money’ and gives many projects in the space a disadvantage.
 
Zilliqa also released two social products called SocialPay and Zeeves. SocialPay allows users to earn ZILs while tweeting with a specific hashtag. They have recently used it in partnership with the Singapore Red Cross for a marketing campaign after their initial pilot program. It seems like a very valuable social product with a good use case. I can see a lot of traditional companies entering the space through this product, which they seem to suggest will happen. Tokenizing hashtags with smart contracts to get network effect is a very smart and innovative idea.
 
Regarding Zeeves, this is a tipping bot for Telegram. They already have 1000s of signups and they plan to keep upgrading it for more and more people to use it (e.g. they recently have added a quiz features). They also use it during AMAs to reward people in real-time. It’s a very smart approach to grow their communities and get familiar with ZIL. I can see this becoming very big on Telegram. This tool suggests, again, that the Zilliqa team has a deeper understanding of what the crypto space and community needs and is good at finding the right innovative tools to grow and scale.
 
To be honest, I haven’t covered everything (i’m also reaching the character limited haha). So many updates happening lately that it's hard to keep up, such as the International Monetary Fund mentioning Zilliqa in their report, custodial and non-custodial Staking, Binance Margin, Futures, Widget, entering the Indian market, and more. The Head of Marketing Colin Miles has also released this as an overview of what is coming next. And last but not least, Vitalik Buterin has been mentioning Zilliqa lately acknowledging Zilliqa and mentioning that both projects have a lot of room to grow. There is much more info of course and a good part of it has been served to you on a silver platter. I invite you to continue researching by yourself :-) And if you have any comments or questions please post here!
submitted by haveyouheardaboutit to CryptoCurrency [link] [comments]

New Exclusive Project!

New Exclusive Project!
Added project Miner Power
Legend: Welcome to the website of MinerPower LTD! If you find yourself here, you are definitely in search of reliable and profitable investment. Yes, you are just at the right place! Our company offers trust assets management of the highest quality on the basis of foreign exchange and profitable trade through Funds exchanges.
Marketing of the project: 10% - 25% daily for lifetime
Min. / max. deposit: 0.001 / 50 BTC
Withdrawals: instant
Start of the project: 23/09/2020
Payment systems: Perfect Money, Payeer, Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dogecoin, Dash
RCB is up to 20% of the deposit amount
Link to full details https://fairmonitor.com/details/lid/4003/
https://preview.redd.it/ctgo0ycyexo51.png?width=800&format=png&auto=webp&s=807f349bc6e1e5ce0ae5b2a21e9b09cc35059b2c
submitted by FairMonitorCom to u/FairMonitorCom [link] [comments]

What is money?

Hey all, this might be a bit outside of the "Bitcoin" realm, but I wanted to create a sounding board to help me grasp what money is, how it relates to economies, and where Bitcoin can come in. I'm just writing out my thoughts, and I'm open to comments and opinions or corrections :). Hopefully this can be helpful to others too.
Note, that I live in the UK and I feel like a lot of information talks about the dollar, and I never know if it applies the same to my currency. I will give examples in dollars, but they should apply to any world currency (eg. GBP) to the best of my understanding.
I saw a link recently on this subreddit to this site: https://modernmoneybasics.com/. If I were to summarise what I learnt, it is a mental model that frames fiat currency in an interesting way, but I wouldn't be surprised if it did contain some misinformation. -- It claims that the model applies to any fiat currency.
OK. Pretend that all of a countries money = 1. If you own $100, you own a fraction of the countries money, so if there is $10,000 in the world you own 0.001 of all dollars. So naturally, if more money is printed, you start to own a smaller fraction of that money.
The Modern Money Theory (MMT) gives me the impression that money is basically a tool owned by the countries government (owned by someone who isn't the general public). Money is not an asset, it is a liability (hence why it loses value over time). People pay taxes and the Government will try to redistribute the wealth by investing in projects like The Army, Green Energy, etc.
This is supposed to be distributed in ways that help the country's economy, ensuring that the country is productive and is exporting things to other countries. When deemed necessary, more money can be printed to help redistribute wealth to the areas that the Government wants to invest in. I think that the more successful your economy, the more your money is worth.
This means one thing to me; PEOPLE DO NOT OWN/HAVE MONEY. Don't save fiat; it is a tool to help the economy, not a thing of value that you should store. I feel like saving actually keeps money from circulating in the economy and probably works towards needing to print money. Instead, buy assets; you put money back into the economy, and you get to hold onto your wealth. What can you invest in? Ok, that's not such an easy question to answer. Maybe buy gold (or *ahem* Bitcoin), or invest in yourself to make something valuable and ultimately start your own business.
MMT says that fiat has value because people pay taxes in fiat. Ultimately, we work, and earn in order to pay taxes (income, VAT, road tax, etc.). We spend in fiat, because the person accepting fiat will need to pay taxes and the next person will do the same, so now the whole country values your fiat currency.
Because of this, you need liquidity, you need to have some money to spend on groceries and living, and you need some money for a rainy day lest you end up in an emergency situation with not enough time to handle it with money. -- I think the more something costs, the more time you typically will have to pay it, so there might even be a formula you could create or use that helps you decide what to keep as cash, and what to spend.
So long story short, money is a token that represents a tiny fraction of your countries economy. It is also something that the government can manipulate and move around as it pleases in the same way a business invests in departments for its company. We are all just a cog in the machine that is our country's economy.
One thing I have not talked about, is the role of banks and credit and interest. I haven't expanded my thoughts in that area yet, but I feel like that they serve a different purpose.
Where does Bitcoin fit in? Well, just like gold, it is a potential asset. It has an interesting property though; it has liquidity. This give it the potential to be used for local trades, meaning that people can save their wealth and use it for local transactions too. It is global, so it also has the ability to be used for global transactions too. For now, it is an asset for saving your wealth; I think that as more people use it and favour it as a storage mechanism, more people will start to accept it for small trades too. Hey, maybe if there's a tool to easily calculate taxes from Bitcoin trades, that could help with adoption.
What would happen to fiat currency if everyone collected fiat for the sake of paying taxes, but used conversion tools to allow them to keep the majority of their wealth in Bitcoin while knowing the appropriate taxes to pay? Honestly, I fall short here, because at that point, you can no longer measure a country's economy by its currency. This is where I need to maybe learn how countries that do not have their own currency measure their economy.
I suppose governments, or ourselves, will have to invent new ways to measure and manage our economies, and I imagine i will be a much more transparent. I think it is an important question to answer as Bitcoin would shift wealth from being country wealth, to individual wealth (for everyone, not just those with enough income and education to invest in assets).
submitted by tookthisusersoucant to Bitcoin [link] [comments]

How To Convert Ethereum To USD

The Bitcoinsxchanger platform provides you the services of such crypto exchange tools that can give you quick conversion response, saving enough time. So, if you are a busy person, this website is the perfect platform where you can easily convert Ethereum to USD. Are you worried, thinking about how to convert Ethereum to USD? There is not a difficult process for it at all. If you have Ethereum, you can convert it to USD by using Ethereum to USD converter. It is one of the reliable tools and shows the recent crypto conversion rates that are just according to the market.

How To Convert Ethereum To Cash

Ethereum is a well-known cryptocurrency that is very important for investment purposes, and millions of people are ready to invest in it. But can you exchange it with cash? Yes, this is possible. If you want to start Ethereum trade and have an inquiry about how to convert Ethereum to cash, then start using the highly trusted Bitcoinsxchanger platform that can give you a maximum profit when you are using its services to exchange Ethereum to the other cryptocurrency, as compared to many other platforms. There are the most efficient tools that can help in converting Ethereum to cash, giving you a high profit.

Convert USD To Ethereum

This site gives you a high chance to get a lot of money when you use its services to convert USD to Ethereum. So, if your goal is to have a successful Ethereum as well as other cryptocurrency’s dealings, don’t forget to use Bitcoinsxchanger that is really profitable, and secure platform. The process to convert USD to eth is neither complicated nor long. Moreover, registration is not required, and you can complete all the steps easily. You just have to use tools provided by this website to convert USD to Ethereum and vice versa to know how much is 1 USD in Ethereum.

Convert Ethereum To BTC

Ethereum and bitcoin both are the most popular and worthy crypto coins. People really want to know how to convert Ethereum to BTC. At the same time, they want to start and make a rewarding trade either in Bitcoins or Ethereum and simultaneously make a trade successful in Bitcoins and Ethereum as well. This site has authentic and well systematic crypto converters, giving you a chance to involve in the money-making trade of all the crypto coins of the digital world. Moreover, you can get access to the helpful tricks from the side of this platform to grow the business of eth constantly.

Convert Ethereum To Dollars

Do you want to convert Ethereum to dollars, and vice versa, and make yourself successful in this digital field? You can use Ethereum to generate a high profit. Going through the other websites will not help you to do so as they are time-consuming and demands a registration procedure that is a big hindrance in the way towards an advantageous cryptocurrency career. Join this profitable Platform today and make an eth trade fruitful. At this site, you can get the best feedback, valuable tools, BTC charts, and graphs, helping you to compare it with any other cryptocurrency and many more.

Convert 0.001 Ethereum To USD

There is a piece of good news for those people who were waiting for a long time for Ethereum high rates. Now, Eth is showing good rates, and you can convert 0.001 Ethereum to USD, getting a lot of money. Unfortunately, this is not possible using the crypto exchange apps as they don’t process quick transactions of cryptocurrency, and you can’t get a chance to make Eth business develop and progress. Ethereum is one of the famous cryptocurrencies, and it is in a full craze, especially in developing countries. If you have Ethereum, you can easily use it in productive investment.
submitted by hagvu007 to u/hagvu007 [link] [comments]

Are ZRX & DNT connected in any way?

I apologize if this question gets asked often, but I was just trying to see if these two are connected in any way? Does District0x use 0x as a platform for the districts? Obviously the market caps have no connection, right? Thanks in advance!!
submitted by neen209 to CryptoCurrency [link] [comments]

How to Send Money on Cash App

How to Send Money on Cash App

Toll Free : - +1-866-900-0603

Cash App is now offering routing and account numbers so that customers can deposit their stimulus check directly into their Cash App account balance. Those who didn’t file taxes last year can enter this account information on the IRS website.
With that said let’s take a look at How to send money on cash app. You must trigger your free Cash Card via Cash App to see your account and routing numbers. The physical card should arrive within 10 business days, but customers can start using their Cash Card as soon as it’s ordered by adding it to Google or Apple Charge or use the card info found on the app’s Cash Card tab. Keep in mind the funds held by Cash App are not insured by the FDIC, so they’re not protected in case the company fails.

https://preview.redd.it/s723lbxclcf51.png?width=864&format=png&auto=webp&s=414143c8bb663a60b84bcbd561c4f08a0f1991e8
As more people embrace the convenience of cashlessness, tech companies have made it easier to send and receive money instantaneously from a smartphone. One of these apps, Cash App, has increased in popularity, providing some unique features compared to other money transfer solutions, such as investing in stocks, having special bonuses with “cash boosts,” and buying and selling bitcoin.

Things to consider about Cash out on Cash App

There is a fee to use a credit card. Cash App charges 3% of the transaction to send money via a linked credit card. Compared to other money transfer apps, this is a relatively normal fee; for example, Venmo also charges 3 percent for sending money with a connected credit card. To avoid this fee altogether, use your linked bank account or the funds in your Cash App account to send money.
https://preview.redd.it/g588zp4hlcf51.jpg?width=864&format=pjpg&auto=webp&s=1cf381074fd6370c37e9e8e2e48acadd3d106b68
There are spending limits on the Cash Card. The maximum that can be spent on your Cash Card is $1,000 per day and per week. The maximum that can be spent per month is $1,250.
There are withdrawal limits on the Cash Card. The maximum amount that can be withdrawn at an ATM or store register cash-back transaction is $250 per transaction, $250 per day, $1,000 per week, and $1,250 per month.
Your funds aren’t FDIC-insured. If they encounter “Cash App transfer failed” that means there is certainly a problem. Cash App’s functionality may walk and talk a bit like a bank, but there is a clear distinction between the app and a bona fide, bank-chartered financial institution. Despite the fact that the Cash Card is issued by FDIC-insured Sutton Bank, customers’ funds in Cash App are never transferred or held with Sutton Bank and therefore don’t receive FDIC insurance.
The Cash App is an 8 MB sized payments app currently having 7 million active users who use this application for transferring money and paying monthly bills. This application was developed by Square Inc which also allows its users to invest money in the stock market and Bitcoins effectively in a few simple steps using the app. However, many people who are new to this app find it difficult initially to receive and send money on Cash App. If you are wondering how to send money on Cash App then you can learn it in a few easy steps below.
If there was an easier way to transfer cash from one person to another than Cash App, we ‘d definitely share it with you but we definitely haven’t found it yet.
This simple app lets users transfer funds with just a few taps on their smartphone screen, once you’ve linked an active bank account to the app.

Here’s how to send money to someone on cash app.

The Cash App is an 8 MB sized payments app currently having 7 million active users who use this application for transferring money and paying monthly bills. This application was developed by Square Inc which also allows its users to invest money in the stock market and Bitcoins effectively in a few simple steps using the app. However, many people who are new to this app find it difficult initially to receive and send money on Cash App. If you are wondering how to send money on Cash App then you can learn it in a few easy steps below.
https://preview.redd.it/ibdyai6llcf51.jpg?width=864&format=pjpg&auto=webp&s=8defc45de8d1e006b3ca79eef8ab8c98ddba8f2c

How to send money on Cash App using Android or iPhone?

  • Open your iPhone or Android Cash Device, and press the” “$button in the screen’s bottom half.
  • Type in the number you want to give.
  • Tap the word “Pay” at the bottom-right corner.
  • Enter the email, phone number, or $cashtag of the recipient.
  • Enter a brief memo noting the purpose of the payment besides the word “For.”
  • Tap “Pay” and your money will be sent to the recipient. Use this method to easily send money to friends and family. However, make sure all the details are filled properly before hitting the “Pay” button. Also, contact Cash App support if you need any assistance regarding anything.

How to send Bitcoin on Cash App?

A user can also send Bitcoin to their peers or other people. Transferring Bitcoin is not difficult and can be done in a few easy steps. Follow the steps on how to send Bitcoin below-
  1. Open Cash App and then tap the Banking tab on your Cash App home screen
  2. Select Bitcoin
  3. Press Withdraw Bitcoin
  4. Scan a recipient with QR code or click Use Wallet Address to enter one manually
  5. Confirm with your PIN or Touch ID
  6. A consumer must have a minimum of 0.001 bitcoin balance for Bitcoin to be withdrawn or sent.
There is a certain limit on how much money you can send through cash app. A person can withdraw up to $2,000 worth of bitcoin every 24 hours and up to $5,000 within a 7-day period. However, note that Bitcoin transfers to external wallets usually take around 30 to 40 minutes or sometimes longer. Users can now clear “how much money can I sent through cash app”.
Conclusion: – With this article, we aim to resolve How to send money through cash app. Cash App has now become popular among all the users of the States. This app aims to eliminate the problems faced by users while going cashless. For a more hassle-free experience make sure you install cash app right away.
Read Also: – How to Buy Bitcoin with Cash App
Source Url: - How to Send Money on Cash App
submitted by chris10123smith to u/chris10123smith [link] [comments]

Why Ethereum Problems Make UMI the Flagship Among the New Generation Cryptocurrencies

Why Ethereum Problems Make UMI the Flagship Among the New Generation Cryptocurrencies

https://preview.redd.it/8skuypxp9lj51.jpg?width=1023&format=pjpg&auto=webp&s=ba5a38ba592428f92dc7c1943a780ff127132875
Ethereum cryptocurrency that comes second in terms of capitalization on the crypto market is traditionally seen as fast and profitable. However, over the last few weeks it's had a rough patch. Since early August, the network has had huge queues of transactions pending processing while fees have skyrocketed and surpassed the historical high.
The main issue though is that even fees of a few dollars per transfer don't help get rid of the“traffic jams”. The cause of this is numerous DeFi projects and a huge number of financial pyramids based on the Ethereum platform. Both generate excessive load on the network.
The situation is downright unpleasant, and our users might question whether the UMI network could face a similar challenge? We'd like to assure you it could not. The UMI network is by default protected against these problems — it cannot have “traffic jams”, fees or financial pyramids. But first things first.
How has the Ethereum network ground to a halt?
In its report dated August 4, Arcane Research that provides analysis within the field of cryptocurrency stated that over the previous week the daily size of transaction fees in the Ethereum network has surged up to a record high for over two and a half years. On August 3, the median value #%D0%9F%D1%80%D0%B8%D0%BC%D0%B5%D1%80_%D0%B8%D1%81%D0%BF%D0%BE%D0%BB%D1%8C%D0%B7%D0%BE%D0%B2%D0%B0%D0%BD%D0%B8%D1%8F)of the fee amounted to $0.82, with the overall amount of transaction fees totaling $2 mln. However, it only signaled the start of real problems.
Over the next week, fees continued to grow and by August 11 the median fee value almost doubled equaling $1.57. Larry Cermak, an expert at a big analytical and news-making crypto portal The Block, wrote in his August 15 tweet that over a week the total amount of transaction fees in the Ethereum network totaled $34.5 mln, having surpassed its historical high. Meanwhile, in the Bitcoin network that is seen as too expensive the fees were almost four times lower at $9 mln.
The total fee amount paid by cryptocurrency users over a week:
  • Ethereum — $34.5 mln;
  • Bitcoin — $9 mln;
  • Monero — $2,240;
  • Tezos — $1,876;
  • Cardano — $1,615;
  • XRP — $1,138;
  • BSV — $1,102;
  • Stellar — $1,059;
  • Bitcoin Cash — $1,027;
  • UMI — $0. Let's talk about it a little later.

https://preview.redd.it/z9azd9v6alj51.png?width=1600&format=png&auto=webp&s=25c365d6e14665ecda4a2b8d19b2fc57dd5cde1e
Historical Growth Chart for Ethereum Fees. Source
The existing situation shows that Ethereum is actually not as fast and profitable as commonly cited. Additionally, this could happen to almost any cryptocurrency except UMI that charges no fees whatsoever. We will tell you why.
Why have these problems emerged?
There is nothing unoriginal: the Ethereum network simply can't handle an increased load. Arcane Research analysts consider that a principal cause of this situation is the constantly increasing number of the DeFi ecosystem projects built on the Ethereum blockchain. Their number is growing all the time which causes the overload of the network. As of August 12, the total amount of funds in DeFi applications reached $4.3 billion which is 19.5% higher than that in the past week. At the time of writing this article, the amount surged to $6.21 billion. You can see the current data here. What is the most unpleasant about DeFi protocols is that a lot of them are scam projects.
Which is not the worst part though. There is also another factor that significantly slows down the Ethereum network. There are a lot of pyramid-like projects that are built on the EOS platform and use smart contracts. One of them is SmartWay Forsage, which regularly overloads the network with a large number of transactions, causes traffic jams, and, consequently, leads to increased fees (keep in mind that Ethereum miners choose transactions with a higher commission). Vitalik Buterin, the co-founder of Ethereum, revealed his disapproval of the SmartWay Forsage methodology and asked them to "leave and not pollute Ethereum ecology in the future". However, the project is slow to do this — it continues to deceive users.
This is only the tip of the iceberg of scam projects which abounds on the EOS network –– they continually emerge, work for a while, then go down as scams and are replaced with new ones. This never-ending stream of "investment projects" based on the Ponzi scheme overloads the system. This is the reason why Adam Back, a pioneer of the crypto industry and founder of the technology company Blockstream, equated Ethereum with such infamous projects as Onecoin and Bitconnect. Adam Back's solid dig at Ethereum became the subject of much debate among crypto enthusiasts.
Of course, it all doesn't mean that Ethereum is a bad cryptocurrency. On the contrary, it has a lot of advantages over other coins. But all that has happened exposes Ethereum's faults which must be eliminated. The problem is that they may not be fixable. It is far from certain that the developers will be able to get rid of all the defects as the system has huge scalability problems.
The crypto community has to admit that Ethereum, like other first-generation cryptocurrencies, has issues with capacity, fees, and scalability and is gradually becoming obsolete.
2020 is the time for young innovative cryptocurrencies such as UMI.
UMI is the flagship of new-generation cryptocurrencies.
In real fact, any cryptocurrency could face it. Each cryptocurrency charges fees which typically surge when the network is overloaded or the price is going up. Everyone will remember 2017 when in line with price growth and the network's overload Bitcoin transaction fee reached a high of around $40.
But when it comes to UMI, it works the other way round. The UMI network's advantages are high capacity, no fees, and scaling possibilities. It uses the best and fastest crypto industry solutions and excludes all inefficient methods by default. Smart optimization in combination with the Proof-of-Authority technology operating on the master node basis enables almost instant payments.
At the stage of network testing, an incredibly high capacity was achieved:
  • up to 4,369 transactions per second;
  • up to 262,140 transactions per minute;
  • up to 15,728,400 transactions per hour;
  • up to 377,481,600 transactions per day.
Ethereum processes about 20 transactions per second. It means that the UMI network can process transactions that Ethereum processes over a year in 1 to 5 days — and with no fees.
https://preview.redd.it/rwohnov3alj51.png?width=1125&format=png&auto=webp&s=4329b75c0bd8b7a22276b529f5ca433d17a0874f
The UMI network can process transactions that Ethereum processes over a year in a few days and with no fees. More details
What is more important is that less than 0.001% of the network's overall potential is used now. The UMI network has a lot of reserve capacity and can handle hundreds of thousands of times heavier load. Moreover, with scaling possibilities, UMI can keep up with the times. The UMI code ensures the safe introduction of any upgrades — the network can be easily modified and scaled with cutting edge technology solutions. In other words, traffic jams will never pose a problem for us. UMI will instantly process all transactions, with no fees. Always.
https://preview.redd.it/t0068th0alj51.png?width=544&format=png&auto=webp&s=019f46ec8c093480c4638cf098312a5a146134a8
A real-time speedometer displays the number of transactions processed by the UMI network per second. Link
Additionally, unlike Ethereum and other cryptocurrencies, the UMI's staking smart contract prevents possibilities of any pyramid schemes, meaning eliminates their negative influence. Our staking is completely safe and secured against scammers. Read more about this in our article. Any UMI staking structure could work forever. In other words, you can multiply your coins at a rate of up to 40% per month for an indefinitely long period of time.
UMI doesn't inherit the disadvantages of the first-generation cryptocurrencies. This is an innovative, carefully designed network based on state-of-the-art technologies. UMI is an ambitious step toward the future. And we're making it together right now!
Sincerely yours, UMI team
submitted by UMITop to u/UMITop [link] [comments]

Some ETH Stacking Milestones

I just thought I’d list off some of the major milestones for ETH stacking just for a bit of fun. Feel free to reply with any more if you think I missed any major milestones.
For reference, I will be assuming that the supply of ETH will be under 125 million (125,000,000 ETH) for the foreseeable future. This is not a fixed cap, but realistically, the supply won’t be far from this number in the next few decades. This is based on this graph from ETHHub but considering a slightly later ETH 2.0 release. https://docs.ethhub.io/assets/images/issuance_graph.png
Current ETH supply: 111,071,000
0 ETH - What are you doing with your life? Buy some ETH and claim your part of the world computer, the global settlement layer or the emerging black hole of finance. Call it what you want, you can’t stop it's proliferation.
0.001 ETH - One Finney. One thousandth of an ETH is called a Finney. Named after Hal Finney
0.01633 ETH - The amount of ETH you would own if it were evenly distributed evenly between all 7.65 billion people on Earth (assuming a supply of 125 million ETH).
1 ETH - 1 whole ETH. Only around 125 million people could ever hope to own 1 ETH if it were equally distributed.
1.25 ETH - One 100 millionth of the ETH supply. (1/100,000,000)
2.7 ETH - You’re an Ethereanaire! If the total supply of Ether was evenly distributed between all of the world’s millionaires, they would each have 2.7 ETH. (Based on a 2019 Credit Suisse Report which estimated the number of millionaires worldwide at 46.8 million.)
3.14 ETH - Your slice of the Ethereum pi has an angle of 0.000009 degrees (125000000/3.14=40,000,000 360°/40,000,000=0.000009°).
3.2 ETH - 1/10th of a validator node. If ETH price goes up 1,000% or more, might 3.2ETH become the requirement for staking? (This is totally speculative and based on nothing.)
5.95 ETH - The 21 million club. This is Ethereum’s version of one Bitcoin. Only 21 million people could ever hope to own 1 Bitcoin and only 21 million people could own 5.95 ETH.
10 ETH - Double Digits! Only 12.5 million people could hope to have 10 ETH.
12.5 ETH - One 10 millionth of the total ETH supply. (1/10,000,000)
16 ETH - Half a validator node. Find a buddy or family member with another 16 ETH and you have yourselves a shared validator node!
32 ETH - Enough ETH to run an ETH 2.0 validator node!
42 ETH - The meaning of life. Blessed is your stack by the Ethereum gods.
43.5 ETH - 1 Bitcoin worth of ETH. Don’t worry, this one will get cheaper over time if you’re looking to buy 1 Bitcoin with your ETH. Not investment advice.
69 ETH - ayy lmao
100 ETH - ETH Centurion. Oowee that’s a lot of ETH! I’m sure holders of 100 ETH will be considered whales by the end of the next bullrun.
125 ETH - The one million club. (1/1,000,000) Only one million people could ever hope for 125 ETH. The Bitcoin equivalent of the 1 million club requires owning 21 Bitcoin.
320 ETH - You can run 10 32 ETH validator nodes.
324 ETH - EZPZ. For those of you who are out of the loop, a redditor by the name EZPZ was calling for $324 while we were falling down from $1,400 in 2018. Myself and I'm sure many other members or ETHTrader at the time thought that he was crazy. Oh how we were wrong
350 ETH - Tree fiddy.
420 ETH - 🎶 Smoke ETH everyday 🎶
750 ETH - Top 10,000 wallets. Congratulations, if you have 750 ETH or more in a single Ethereum wallet, you’re in the top 10,000 wallets!
1,250 ETH - One one hundred thousandth of the ETH supply. (1/100,000)
59,500 ETH - Congratulations! You’re an ETH billionaire. There are 2,100 billionaires on Earth. If the total supply of ETH were split between them evenly, each would get 59,500 ETH.
Reminder please do not share information about how many ETH you hold, especially if it is a significant amount. It is against the sub rules for your own security. Disclosing your ETH holdings makes you a target for hackers and criminals.
submitted by Tricky_Troll to ethtrader [link] [comments]

Institutions are LONG Term Holders

The only people that are selling Bitcoins & Bitcoin Cash are normal investors, people like me and you, and traders that want to make short term profits.
Institutions, Hedge Funds & Pension Funds have started investing in Bitcoin now. They are going to buy up on all the dips, and then will lock them up for many, many years. They are long term holders.
If mining goes away from China, this is good, as it will make mining more decentralised. Japan, Singapore, South Korea, Russia etc are all chomping at the bits to get in on the mining action.
The bounce back has shown that we can be attacked by the most powerful government in the world, China, and we are still above $3000USD. The bounce back has shown that the market is not scared of Segwit2X.
Keep all the upcoming free dividend coins you get in the future for holding Bitcoin, like Bitcoin Segwit2X, due in November. I hear in the grapevine that many more free dividend Bitcoin forks are in the pipeline.
The Bitcoin community is resilient. Bitcoin is ready for a huge rise in value. Buy on the dips if you can afford to.
Keep all your Bitcoin in a hardware wallet like Trezor or Ledger. Do not spend your Bitcoins on coffee. Use Bitcoin as your long term Piggy Bank, and Retirement Fund.
This is not financial advice. I am not your advisor. Only risk what you can afford to lose.
submitted by BTCBCCBCH to btc [link] [comments]

Why i’m bullish on Zilliqa (long read)

Hey all, I've been researching coins since 2017 and have gone through 100s of them in the last 3 years. I got introduced to blockchain via Bitcoin of course, analysed Ethereum thereafter and from that moment I have a keen interest in smart contact platforms. I’m passionate about Ethereum but I find Zilliqa to have a better risk reward ratio. Especially because Zilliqa has found an elegant balance between being secure, decentralised and scalable in my opinion.
 
Below I post my analysis why from all the coins I went through I’m most bullish on Zilliqa (yes I went through Tezos, EOS, NEO, VeChain, Harmony, Algorand, Cardano etc.). Note that this is not investment advice and although it's a thorough analysis there is obviously some bias involved. Looking forward to what you all think!
 
Fun fact: the name Zilliqa is a play on ‘silica’ silicon dioxide which means “Silicon for the high-throughput consensus computer.”
 
This post is divided into (i) Technology, (ii) Business & Partnerships, and (iii) Marketing & Community. I’ve tried to make the technology part readable for a broad audience. If you’ve ever tried understanding the inner workings of Bitcoin and Ethereum you should be able to grasp most parts. Otherwise just skim through and once you are zoning out head to the next part.
 
Technology and some more:
 
Introduction The technology is one of the main reasons why I’m so bullish on Zilliqa. First thing you see on their website is: “Zilliqa is a high-performance, high-security blockchain platform for enterprises and next-generation applications.” These are some bold statements.
 
Before we deep dive into the technology let’s take a step back in time first as they have quite the history. The initial research paper from which Zilliqa originated dates back to August 2016: Elastico: A Secure Sharding Protocol For Open Blockchains where Loi Luu (Kyber Network) is one of the co-authors. Other ideas that led to the development of what Zilliqa has become today are: Bitcoin-NG, collective signing CoSi, ByzCoin and Omniledger.
 
The technical white paper was made public in August 2017 and since then they have achieved everything stated in the white paper and also created their own open source intermediate level smart contract language called Scilla (functional programming language similar to OCaml) too.
 
Mainnet is live since end of January 2019 with daily transaction rate growing continuously. About a week ago mainnet reached 5 million transactions, 500.000+ addresses in total along with 2400 nodes keeping the network decentralised and secure. Circulating supply is nearing 11 billion and currently only mining rewards are left. Maximum supply is 21 billion with annual inflation being 7.13% currently and will only decrease with time.
 
Zilliqa realised early on that the usage of public cryptocurrencies and smart contracts were increasing but decentralised, secure and scalable alternatives were lacking in the crypto space. They proposed to apply sharding onto a public smart contract blockchain where the transaction rate increases almost linear with the increase in amount of nodes. More nodes = higher transaction throughput and increased decentralisation. Sharding comes in many forms and Zilliqa uses network-, transaction- and computational sharding. Network sharding opens up the possibility of using transaction- and computational sharding on top. Zilliqa does not use state sharding for now. We’ll come back to this later.
 
Before we continue disecting how Zilliqa achieves such from a technological standpoint it’s good to keep in mind that a blockchain being decentralised and secure and scalable is still one of the main hurdles in allowing widespread usage of decentralised networks. In my opinion this needs to be solved first before blockchains can get to the point where they can create and add large scale value. So I invite you to read the next section to grasp the underlying fundamentals. Because after all these premises need to be true otherwise there isn’t a fundamental case to be bullish on Zilliqa, right?
 
Down the rabbit hole
 
How have they achieved this? Let’s define the basics first: key players on Zilliqa are the users and the miners. A user is anybody who uses the blockchain to transfer funds or run smart contracts. Miners are the (shard) nodes in the network who run the consensus protocol and get rewarded for their service in Zillings (ZIL). The mining network is divided into several smaller networks called shards, which is also referred to as ‘network sharding’. Miners subsequently are randomly assigned to a shard by another set of miners called DS (Directory Service) nodes. The regular shards process transactions and the outputs of these shards are eventually combined by the DS shard as they reach consensus on the final state. More on how these DS shards reach consensus (via pBFT) will be explained later on.
 
The Zilliqa network produces two types of blocks: DS blocks and Tx blocks. One DS Block consists of 100 Tx Blocks. And as previously mentioned there are two types of nodes concerned with reaching consensus: shard nodes and DS nodes. Becoming a shard node or DS node is being defined by the result of a PoW cycle (Ethash) at the beginning of the DS Block. All candidate mining nodes compete with each other and run the PoW (Proof-of-Work) cycle for 60 seconds and the submissions achieving the highest difficulty will be allowed on the network. And to put it in perspective: the average difficulty for one DS node is ~ 2 Th/s equaling 2.000.000 Mh/s or 55 thousand+ GeForce GTX 1070 / 8 GB GPUs at 35.4 Mh/s. Each DS Block 10 new DS nodes are allowed. And a shard node needs to provide around 8.53 GH/s currently (around 240 GTX 1070s). Dual mining ETH/ETC and ZIL is possible and can be done via mining software such as Phoenix and Claymore. There are pools and if you have large amounts of hashing power (Ethash) available you could mine solo.
 
The PoW cycle of 60 seconds is a peak performance and acts as an entry ticket to the network. The entry ticket is called a sybil resistance mechanism and makes it incredibly hard for adversaries to spawn lots of identities and manipulate the network with these identities. And after every 100 Tx Blocks which corresponds to roughly 1,5 hour this PoW process repeats. In between these 1,5 hour no PoW needs to be done meaning Zilliqa’s energy consumption to keep the network secure is low. For more detailed information on how mining works click here.
Okay, hats off to you. You have made it this far. Before we go any deeper down the rabbit hole we first must understand why Zilliqa goes through all of the above technicalities and understand a bit more what a blockchain on a more fundamental level is. Because the core of Zilliqa’s consensus protocol relies on the usage of pBFT (practical Byzantine Fault Tolerance) we need to know more about state machines and their function. Navigate to Viewblock, a Zilliqa block explorer, and just come back to this article. We will use this site to navigate through a few concepts.
 
We have established that Zilliqa is a public and distributed blockchain. Meaning that everyone with an internet connection can send ZILs, trigger smart contracts etc. and there is no central authority who fully controls the network. Zilliqa and other public and distributed blockchains (like Bitcoin and Ethereum) can also be defined as state machines.
 
Taking the liberty of paraphrasing examples and definitions given by Samuel Brooks’ medium article, he describes the definition of a blockchain (like Zilliqa) as:
“A peer-to-peer, append-only datastore that uses consensus to synchronise cryptographically-secure data”.
 
Next he states that: >“blockchains are fundamentally systems for managing valid state transitions”.* For some more context, I recommend reading the whole medium article to get a better grasp of the definitions and understanding of state machines. Nevertheless, let’s try to simplify and compile it into a single paragraph. Take traffic lights as an example: all its states (red, amber and green) are predefined, all possible outcomes are known and it doesn’t matter if you encounter the traffic light today or tomorrow. It will still behave the same. Managing the states of a traffic light can be done by triggering a sensor on the road or pushing a button resulting in one traffic lights’ state going from green to red (via amber) and another light from red to green.
 
With public blockchains like Zilliqa this isn’t so straightforward and simple. It started with block #1 almost 1,5 years ago and every 45 seconds or so a new block linked to the previous block is being added. Resulting in a chain of blocks with transactions in it that everyone can verify from block #1 to the current #647.000+ block. The state is ever changing and the states it can find itself in are infinite. And while the traffic light might work together in tandem with various other traffic lights, it’s rather insignificant comparing it to a public blockchain. Because Zilliqa consists of 2400 nodes who need to work together to achieve consensus on what the latest valid state is while some of these nodes may have latency or broadcast issues, drop offline or are deliberately trying to attack the network etc.
 
Now go back to the Viewblock page take a look at the amount of transaction, addresses, block and DS height and then hit refresh. Obviously as expected you see new incremented values on one or all parameters. And how did the Zilliqa blockchain manage to transition from a previous valid state to the latest valid state? By using pBFT to reach consensus on the latest valid state.
 
After having obtained the entry ticket, miners execute pBFT to reach consensus on the ever changing state of the blockchain. pBFT requires a series of network communication between nodes, and as such there is no GPU involved (but CPU). Resulting in the total energy consumed to keep the blockchain secure, decentralised and scalable being low.
 
pBFT stands for practical Byzantine Fault Tolerance and is an optimisation on the Byzantine Fault Tolerant algorithm. To quote Blockonomi: “In the context of distributed systems, Byzantine Fault Tolerance is the ability of a distributed computer network to function as desired and correctly reach a sufficient consensus despite malicious components (nodes) of the system failing or propagating incorrect information to other peers.” Zilliqa is such a distributed computer network and depends on the honesty of the nodes (shard and DS) to reach consensus and to continuously update the state with the latest block. If pBFT is a new term for you I can highly recommend the Blockonomi article.
 
The idea of pBFT was introduced in 1999 - one of the authors even won a Turing award for it - and it is well researched and applied in various blockchains and distributed systems nowadays. If you want more advanced information than the Blockonomi link provides click here. And if you’re in between Blockonomi and University of Singapore read the Zilliqa Design Story Part 2 dating from October 2017.
Quoting from the Zilliqa tech whitepaper: “pBFT relies upon a correct leader (which is randomly selected) to begin each phase and proceed when the sufficient majority exists. In case the leader is byzantine it can stall the entire consensus protocol. To address this challenge, pBFT offers a view change protocol to replace the byzantine leader with another one.”
 
pBFT can tolerate ⅓ of the nodes being dishonest (offline counts as Byzantine = dishonest) and the consensus protocol will function without stalling or hiccups. Once there are more than ⅓ of dishonest nodes but no more than ⅔ the network will be stalled and a view change will be triggered to elect a new DS leader. Only when more than ⅔ of the nodes are dishonest (>66%) double spend attacks become possible.
 
If the network stalls no transactions can be processed and one has to wait until a new honest leader has been elected. When the mainnet was just launched and in its early phases, view changes happened regularly. As of today the last stalling of the network - and view change being triggered - was at the end of October 2019.
 
Another benefit of using pBFT for consensus besides low energy is the immediate finality it provides. Once your transaction is included in a block and the block is added to the chain it’s done. Lastly, take a look at this article where three types of finality are being defined: probabilistic, absolute and economic finality. Zilliqa falls under the absolute finality (just like Tendermint for example). Although lengthy already we skipped through some of the inner workings from Zilliqa’s consensus: read the Zilliqa Design Story Part 3 and you will be close to having a complete picture on it. Enough about PoW, sybil resistance mechanism, pBFT etc. Another thing we haven’t looked at yet is the amount of decentralisation.
 
Decentralisation
 
Currently there are four shards, each one of them consisting of 600 nodes. 1 shard with 600 so called DS nodes (Directory Service - they need to achieve a higher difficulty than shard nodes) and 1800 shard nodes of which 250 are shard guards (centralised nodes controlled by the team). The amount of shard guards has been steadily declining from 1200 in January 2019 to 250 as of May 2020. On the Viewblock statistics you can see that many of the nodes are being located in the US but those are only the (CPU parts of the) shard nodes who perform pBFT. There is no data from where the PoW sources are coming. And when the Zilliqa blockchain starts reaching their transaction capacity limit, a network upgrade needs to be executed to lift the current cap of maximum 2400 nodes to allow more nodes and formation of more shards which will allow to network to keep on scaling according to demand.
Besides shard nodes there are also seed nodes. The main role of seed nodes is to serve as direct access points (for end users and clients) to the core Zilliqa network that validates transactions. Seed nodes consolidate transaction requests and forward these to the lookup nodes (another type of nodes) for distribution to the shards in the network. Seed nodes also maintain the entire transaction history and the global state of the blockchain which is needed to provide services such as block explorers. Seed nodes in the Zilliqa network are comparable to Infura on Ethereum.
 
The seed nodes were first only operated by Zilliqa themselves, exchanges and Viewblock. Operators of seed nodes like exchanges had no incentive to open them for the greater public.They were centralised at first. Decentralisation at the seed nodes level has been steadily rolled out since March 2020 ( Zilliqa Improvement Proposal 3 ). Currently the amount of seed nodes is being increased, they are public facing and at the same time PoS is applied to incentivize seed node operators and make it possible for ZIL holders to stake and earn passive yields. Important distinction: seed nodes are not involved with consensus! That is still PoW as entry ticket and pBFT for the actual consensus.
 
5% of the block rewards are being assigned to seed nodes (from the beginning in 2019) and those are being used to pay out ZIL stakers.The 5% block rewards with an annual yield of 10.03% translates to roughly 610 MM ZILs in total that can be staked. Exchanges use the custodial variant of staking and wallets like Moonlet will use the non custodial version (starting in Q3 2020). Staking is being done by sending ZILs to a smart contract created by Zilliqa and audited by Quantstamp.
 
With a high amount of DS & shard nodes and seed nodes becoming more decentralised too, Zilliqa qualifies for the label of decentralised in my opinion.
 
Smart contracts
 
Let me start by saying I’m not a developer and my programming skills are quite limited. So I‘m taking the ELI5 route (maybe 12) but if you are familiar with Javascript, Solidity or specifically OCaml please head straight to Scilla - read the docs to get a good initial grasp of how Zilliqa’s smart contract language Scilla works and if you ask yourself “why another programming language?” check this article. And if you want to play around with some sample contracts in an IDE click here. Faucet can be found here. And more information on architecture, dapp development and API can be found on the Developer Portal.
If you are more into listening and watching: check this recent webinar explaining Zilliqa and Scilla. Link is time stamped so you’ll start right away with a platform introduction, R&D roadmap 2020 and afterwards a proper Scilla introduction.
 
Generalised: programming languages can be divided into being ‘object oriented’ or ‘functional’. Here is an ELI5 given by software development academy: > “all programmes have two basic components, data – what the programme knows – and behaviour – what the programme can do with that data. So object-oriented programming states that combining data and related behaviours in one place, is called “object”, which makes it easier to understand how a particular program works. On the other hand, functional programming argues that data and behaviour are different things and should be separated to ensure their clarity.”
 
Scilla is on the functional side and shares similarities with OCaml: > OCaml is a general purpose programming language with an emphasis on expressiveness and safety. It has an advanced type system that helps catch your mistakes without getting in your way. It's used in environments where a single mistake can cost millions and speed matters, is supported by an active community, and has a rich set of libraries and development tools. For all its power, OCaml is also pretty simple, which is one reason it's often used as a teaching language.
 
Scilla is blockchain agnostic, can be implemented onto other blockchains as well, is recognised by academics and won a so called Distinguished Artifact Award award at the end of last year.
 
One of the reasons why the Zilliqa team decided to create their own programming language focused on preventing smart contract vulnerabilities safety is that adding logic on a blockchain, programming, means that you cannot afford to make mistakes. Otherwise it could cost you. It’s all great and fun blockchains being immutable but updating your code because you found a bug isn’t the same as with a regular web application for example. And with smart contracts it inherently involves cryptocurrencies in some form thus value.
 
Another difference with programming languages on a blockchain is gas. Every transaction you do on a smart contract platform like Zilliqa for Ethereum costs gas. With gas you basically pay for computational costs. Sending a ZIL from address A to address B costs 0.001 ZIL currently. Smart contracts are more complex, often involve various functions and require more gas (if gas is a new concept click here ).
 
So with Scilla, similar to Solidity, you need to make sure that “every function in your smart contract will run as expected without hitting gas limits. An improper resource analysis may lead to situations where funds may get stuck simply because a part of the smart contract code cannot be executed due to gas limits. Such constraints are not present in traditional software systems”. Scilla design story part 1
 
Some examples of smart contract issues you’d want to avoid are: leaking funds, ‘unexpected changes to critical state variables’ (example: someone other than you setting his or her address as the owner of the smart contract after creation) or simply killing a contract.
 
Scilla also allows for formal verification. Wikipedia to the rescue:
In the context of hardware and software systems, formal verification is the act of proving or disproving the correctness of intended algorithms underlying a system with respect to a certain formal specification or property, using formal methods of mathematics.
 
Formal verification can be helpful in proving the correctness of systems such as: cryptographic protocols, combinational circuits, digital circuits with internal memory, and software expressed as source code.
 
Scilla is being developed hand-in-hand with formalization of its semantics and its embedding into the Coq proof assistant — a state-of-the art tool for mechanized proofs about properties of programs.”
 
Simply put, with Scilla and accompanying tooling developers can be mathematically sure and proof that the smart contract they’ve written does what he or she intends it to do.
 
Smart contract on a sharded environment and state sharding
 
There is one more topic I’d like to touch on: smart contract execution in a sharded environment (and what is the effect of state sharding). This is a complex topic. I’m not able to explain it any easier than what is posted here. But I will try to compress the post into something easy to digest.
 
Earlier on we have established that Zilliqa can process transactions in parallel due to network sharding. This is where the linear scalability comes from. We can define simple transactions: a transaction from address A to B (Category 1), a transaction where a user interacts with one smart contract (Category 2) and the most complex ones where triggering a transaction results in multiple smart contracts being involved (Category 3). The shards are able to process transactions on their own without interference of the other shards. With Category 1 transactions that is doable, with Category 2 transactions sometimes if that address is in the same shard as the smart contract but with Category 3 you definitely need communication between the shards. Solving that requires to make a set of communication rules the protocol needs to follow in order to process all transactions in a generalised fashion.
 
And this is where the downsides of state sharding comes in currently. All shards in Zilliqa have access to the complete state. Yes the state size (0.1 GB at the moment) grows and all of the nodes need to store it but it also means that they don’t need to shop around for information available on other shards. Requiring more communication and adding more complexity. Computer science knowledge and/or developer knowledge required links if you want to dig further: Scilla - language grammar Scilla - Foundations for Verifiable Decentralised Computations on a Blockchain Gas Accounting NUS x Zilliqa: Smart contract language workshop
 
Easier to follow links on programming Scilla https://learnscilla.com/home Ivan on Tech
 
Roadmap / Zilliqa 2.0
 
There is no strict defined roadmap but here are topics being worked on. And via the Zilliqa website there is also more information on the projects they are working on.
 
Business & Partnerships  
It’s not only technology in which Zilliqa seems to be excelling as their ecosystem has been expanding and starting to grow rapidly. The project is on a mission to provide OpenFinance (OpFi) to the world and Singapore is the right place to be due to its progressive regulations and futuristic thinking. Singapore has taken a proactive approach towards cryptocurrencies by introducing the Payment Services Act 2019 (PS Act). Among other things, the PS Act will regulate intermediaries dealing with certain cryptocurrencies, with a particular focus on consumer protection and anti-money laundering. It will also provide a stable regulatory licensing and operating framework for cryptocurrency entities, effectively covering all crypto businesses and exchanges based in Singapore. According to PWC 82% of the surveyed executives in Singapore reported blockchain initiatives underway and 13% of them have already brought the initiatives live to the market. There is also an increasing list of organisations that are starting to provide digital payment services. Moreover, Singaporean blockchain developers Building Cities Beyond has recently created an innovation $15 million grant to encourage development on its ecosystem. This all suggest that Singapore tries to position itself as (one of) the leading blockchain hubs in the world.
 
Zilliqa seems to already taking advantage of this and recently helped launch Hg Exchange on their platform, together with financial institutions PhillipCapital, PrimePartners and Fundnel. Hg Exchange, which is now approved by the Monetary Authority of Singapore (MAS), uses smart contracts to represent digital assets. Through Hg Exchange financial institutions worldwide can use Zilliqa's safe-by-design smart contracts to enable the trading of private equities. For example, think of companies such as Grab, AirBnB, SpaceX that are not available for public trading right now. Hg Exchange will allow investors to buy shares of private companies & unicorns and capture their value before an IPO. Anquan, the main company behind Zilliqa, has also recently announced that they became a partner and shareholder in TEN31 Bank, which is a fully regulated bank allowing for tokenization of assets and is aiming to bridge the gap between conventional banking and the blockchain world. If STOs, the tokenization of assets, and equity trading will continue to increase, then Zilliqa’s public blockchain would be the ideal candidate due to its strategic positioning, partnerships, regulatory compliance and the technology that is being built on top of it.
 
What is also very encouraging is their focus on banking the un(der)banked. They are launching a stablecoin basket starting with XSGD. As many of you know, stablecoins are currently mostly used for trading. However, Zilliqa is actively trying to broaden the use case of stablecoins. I recommend everybody to read this text that Amrit Kumar wrote (one of the co-founders). These stablecoins will be integrated in the traditional markets and bridge the gap between the crypto world and the traditional world. This could potentially revolutionize and legitimise the crypto space if retailers and companies will for example start to use stablecoins for payments or remittances, instead of it solely being used for trading.
 
Zilliqa also released their DeFi strategic roadmap (dating November 2019) which seems to be aligning well with their OpFi strategy. A non-custodial DEX is coming to Zilliqa made by Switcheo which allows cross-chain trading (atomic swaps) between ETH, EOS and ZIL based tokens. They also signed a Memorandum of Understanding for a (soon to be announced) USD stablecoin. And as Zilliqa is all about regulations and being compliant, I’m speculating on it to be a regulated USD stablecoin. Furthermore, XSGD is already created and visible on block explorer and XIDR (Indonesian Stablecoin) is also coming soon via StraitsX. Here also an overview of the Tech Stack for Financial Applications from September 2019. Further quoting Amrit Kumar on this:
 
There are two basic building blocks in DeFi/OpFi though: 1) stablecoins as you need a non-volatile currency to get access to this market and 2) a dex to be able to trade all these financial assets. The rest are build on top of these blocks.
 
So far, together with our partners and community, we have worked on developing these building blocks with XSGD as a stablecoin. We are working on bringing a USD-backed stablecoin as well. We will soon have a decentralised exchange developed by Switcheo. And with HGX going live, we are also venturing into the tokenization space. More to come in the future.”*
 
Additionally, they also have this ZILHive initiative that injects capital into projects. There have been already 6 waves of various teams working on infrastructure, innovation and research, and they are not from ASEAN or Singapore only but global: see Grantees breakdown by country. Over 60 project teams from over 20 countries have contributed to Zilliqa's ecosystem. This includes individuals and teams developing wallets, explorers, developer toolkits, smart contract testing frameworks, dapps, etc. As some of you may know, Unstoppable Domains (UD) blew up when they launched on Zilliqa. UD aims to replace cryptocurrency addresses with a human readable name and allows for uncensorable websites. Zilliqa will probably be the only one able to handle all these transactions onchain due to ability to scale and its resulting low fees which is why the UD team launched this on Zilliqa in the first place. Furthermore, Zilliqa also has a strong emphasis on security, compliance, and privacy, which is why they partnered with companies like Elliptic, ChainSecurity (part of PwC Switzerland), and Incognito. Their sister company Aqilliz (Zilliqa spelled backwards) focuses on revolutionizing the digital advertising space and is doing interesting things like using Zilliqa to track outdoor digital ads with companies like Foodpanda.
 
Zilliqa is listed on nearly all major exchanges, having several different fiat-gateways and recently have been added to Binance’s margin trading and futures trading with really good volume. They also have a very impressive team with good credentials and experience. They dont just have “tech people”. They have a mix of tech people, business people, marketeers, scientists, and more. Naturally, it's good to have a mix of people with different skill sets if you work in the crypto space.
 
Marketing & Community
 
Zilliqa has a very strong community. If you just follow their Twitter their engagement is much higher for a coin that has approximately 80k followers. They also have been ‘coin of the day’ by LunarCrush many times. LunarCrush tracks real-time cryptocurrency value and social data. According to their data it seems Zilliqa has a more fundamental and deeper understanding of marketing and community engagement than almost all other coins. While almost all coins have been a bit frozen in the last months, Zilliqa seems to be on its own bull run. It was somewhere in the 100s a few months ago and is currently ranked #46 on CoinGecko. Their official Telegram also has over 20k people and is very active, and their community channel which is over 7k now is more active and larger than many other official channels. Their local communities) also seem to be growing.
 
Moreover, their community started ‘Zillacracy’ together with the Zilliqa core team ( see www.zillacracy.com ). It’s a community run initiative where people from all over the world are now helping with marketing and development on Zilliqa. Since its launch in February 2020 they have been doing a lot and will also run their own non custodial seed node for staking. This seed node will also allow them to start generating revenue for them to become a self sustaining entity that could potentially scale up to become a decentralized company working in parallel with the Zilliqa core team. Comparing it to all the other smart contract platforms (e.g. Cardano, EOS, Tezos etc.) they don't seem to have started a similar initiatives (correct me if I’m wrong though). This suggest in my opinion that these other smart contract platforms do not fully understand how to utilize the ‘power of the community’. This is something you cannot ‘buy with money’ and gives many projects in the space a disadvantage.
 
Zilliqa also released two social products called SocialPay and Zeeves. SocialPay allows users to earn ZILs while tweeting with a specific hashtag. They have recently used it in partnership with the Singapore Red Cross for a marketing campaign after their initial pilot program. It seems like a very valuable social product with a good use case. I can see a lot of traditional companies entering the space through this product, which they seem to suggest will happen. Tokenizing hashtags with smart contracts to get network effect is a very smart and innovative idea.
 
Regarding Zeeves, this is a tipping bot for Telegram. They already have 1000s of signups and they plan to keep upgrading it for more and more people to use it (e.g. they recently have added a quiz features). They also use it during AMAs to reward people in real time. It’s a very smart approach to grow their communities and get familiar with ZIL. I can see this becoming very big on Telegram. This tool suggests, again, that the Zilliqa team has a deeper understanding what the crypto space and community needs and is good at finding the right innovative tools to grow and scale.
 
To be honest, I haven’t covered everything (i’m also reaching the character limited haha). So many updates happening lately that it's hard to keep up, such as the International Monetary Fund mentioning Zilliqa in their report, custodial and non-custodial Staking, Binance Margin, Futures & Widget, entering the Indian market, and more. The Head of Marketing Colin Miles has also released this as an overview of what is coming next. And last but not least, Vitalik Buterin has been mentioning Zilliqa lately acknowledging Zilliqa and mentioning that both projects have a lot of room to grow. There is much more info of course and a good part of it has been served to you on a silver platter. I invite you to continue researching by yourself :-) And if you have any comments or questions please post here!
submitted by haveyouheardaboutit to CryptoCurrency [link] [comments]

Smartmining.cc Review: 2%-4% daily for 60-180 days with principal included

Smartmining.cc is a high yield investment project whose theme is for cloud mining. It provides long term deposit plans, and started on 03rd Jun 2020. You can earn 2%-4% daily for 60–180 days with principal included. Admin bought listing on my website yesterday, and my first withdrawal request was already received two hours ago. Now let me introduce it in details.
Started: 2020–06–03
My deposit: $200
The amount of 200 USD has been withdrawn from your account. Accounts: U3869878->U24795174. Memo: Shopping Cart Payment. . Date: 06:31 06.07.20. Batch: 322597842
Investment Plans
Minimal amount for deposit is: Bitcoin 0.001, Litecoin 0.1, Dogecoin 1000, Dash 0.05, Ethereum 0.01, Ethereum Classic 0.5, Bitcoin Cash 0.01, Zcash 0.05, Ripple 10, USD Cash 1, Tether 1 and Dollar 1. Your daily profit will be 2%-4% according to your deposit amount. The more GH/s you purchase, the higher level your account will reach. With each increase in the LEVEL account, your daily profit increase. What’s more, your daily profit increases by + 0.02% for each day without withdrawal, but I suggest you to withdraw profit every day until you get back 100% initial deposits. You can see details below:
(1) 0–999 GH/s, 2% daily profit
(2) 1000–2999 GH/s, 2.1% daily profit
(3) 3000–5999 GH/s, 2.2% daily profit
(4) 6000–9999 GH/s, 2.3% daily profit
(5) 10000–19999 GH/s, 2.4% daily profit
(6) 20000–29999 GH/s, 2.5% daily profit
(7) 30000–99999 GH/s, 2.6% daily profit
(8) 100000–199999 GH/s, 2.8% daily profit
(9) 200000–999999 GH/s, 3% daily profit
(10) 100000–2999999 GH/s, 3.5% daily profit
(11) 3000000 GH/s, 4% daily profit
Deposit works according to the selected contract, and the contract is from 60 to 180 days. You should deposit money into your balance first, and then buy Hash with the money on your balance. Your initial deposit is already in your daily profit, so principal will not be returned in the end.
For example, I buy GH/s with $200, and choose the 60 day contract. My daily profit will be 2.5% for 60 days. At the end of investment term, I will get back $300 totally($100 profit with $200 initial deposits).
But there is one things you should know that you must choose which ecurrency you want to mining, or we can say like this, which ecurrency you want your daily profit to be paid to. For example, if you want your daily profit to be paid through BTC, then you should turn off all other ecurrency mining process and only leave BTC mining. You can see the mining choice on the “Mining” page of their website.
Promotional Rewards(7%-2%)
For promoters, Smartmining.cc has developed a profitable partner program, which has two levels. First level is 7%, and second level is 2%. Unlike most HYIP projects, promoters can configure refback for your referrals on the page “Partners”. I already set 100% RCB for my direct active investors. Welcome to join under my team.
Payment Options
PerfectMoney, Payeer, Bitcoin, Litecoin, Ethereum, BitcoinCash, Ripple, Dash, Zcash, Tether, Dogecoin and USD Cash.
Withdrawal Type
The request for withdrawal is processed within an hour but no more than 48 hours. Minimal amount for withdrawal is: Bitcoin 0.001, Litecoin 0.1, Dogecoin 1000, Dash 0.05, Ethereum 0.01, Ethereum Classic 0.5, Bitcoin Cash 0.01, Zcash 0.05, Ripple 10, USD Cash 1, Tether 1, Dollar 1
Whois Details
Domain Time: 2020/05/25–2020/05/25
IP Address: 2020–05–25104.27.188.23–574 other sites hosted on this server
IP Location: Texas — Dallas — Cloudflare Inc.
ASN: AS13335 CLOUDFLARENET, US (registered Jul 14, 2010)
Summary
Smartmining.cc designs an original template for its website, and it now supports 10 languages. So you can choose your native language at their top menu. Recent deposits and withdrawals are shown at the bottom part of their website, you can refer to the data according to your own experience. In my view, the profit Smartmining.cc provides is in normal range, and the referral system also designs in a reasonale mechanism. So, any investor who is interested can take part in with their spare money.
At the right side bottom of their website, you can find a group chat widget. Click it, and you can communicate with other investors online. If you still have other questions, you can contact admin through the info below.
Contact Info
Email: [email protected]
Twitter: https://twitter.com/smart_minig
Register: https://smartmining.cc/partnehyiper
More: https://www.hyiper.net/blog/185.html
submitted by vipinvestor1988 to u/vipinvestor1988 [link] [comments]

Haven't you started your first transaction yet? Bityard will explain everything you need to know.

Haven't you started your first transaction yet? Bityard will explain everything you need to know.
In 2020, Bitcoin ushered in the third halving. Many people predicted that the Bitcoin price would be raising again, and yes, it reached the mark of $10,000 on June 2nd, and the price once stood at 10,444 US dollars, becoming a hot spot in the currency circle. Search news, and soon fell 870 US dollars within 15 minutes to 9,720 US dollars, fluctuations attracted many people's attention.
But if you happen to be attracted by trading but you still do now know how to start, just read this article carefully, follow us to understand step by step on how to get yourself into this world.

https://preview.redd.it/e0qdnwypiu951.jpg?width=1529&format=pjpg&auto=webp&s=7eb61b9cfe3943d8db06a882a74b8366ebef3ef9
For new investors:
📷Trading time.
Unlike stock market, cryptocurrency transactions can be traded 24 hours a day.There is no limit to the buying and selling time, You can even purchase a second before, and sell a second later. Freedom transactions, all up to you.
Bityard is a 24 hour trading platform, always online, in order to allow users to freely do their transactions, the platform has also 24-Hour customer service, we will be there if you need anything, be safe taking your first steps. But we also would like to reminds you that although the trading time is very free, you must also pay attention to the right time to trade, in order to get a good return.

https://preview.redd.it/cbvbbdnsiu951.png?width=524&format=png&auto=webp&s=9fd6efdda32c25f7ccc81167d05ac395156a49f6
You don’t need to much money to buy Bitcoins
Bitcoin's current market is around 9,000 US dollars. As you can see the cost of one single bitcoin is not low. However, the smallest unit of Bitcoin is as small as one-hundredth of a billion, and you can freely choose how many units to buy, such as 0.01 or 0.001, and the amount is determined by itself.
Bityard reminds you that whether the sale can be achieved depends on the willingness of both traders. The amount of the bid is too low, and you may not find a seller willing to sell. Assuming a successful purchase, you can start accumulating your own bitcoin.
Bityard is the world's leading digital currency contract trading platform.Our platform can support the recharge of fiat currencies in China, Vietnam, and Indonesian, and can directly trade pairs with digital currencies. In the future, we will continue to expand the recharge of fiat currencies in other countries.
What is the right time to buy?
Everyone wants to buy cheap and sell higher, this is the way to profit, but no one can guarantee where and when the price will be cheap. Therefore, in addition to buying bitcoin directly, so called spot transactions, you can also choose contract transactions.
Bityard is the world's leading digital currency contract trading platform. During the trading process, if you think that the price of Bitcoin will fall, then you can sell CFDs through the Bityard trading platform to open a position. In this way, even if Bitcoin drops you still can profit. It doesn’t matter if you don’t know what contract trading is.
Bityard Exchange provides a simulated trading service. Before starting a formal transaction, you can continue to practice using the demo trading, and then put into actual trading after you get started.

https://preview.redd.it/es034u4viu951.png?width=1906&format=png&auto=webp&s=2e9e569705cb1fe252787c49b2a0986b7f348315
How to ensure asset security?
For small capital investors, the trading platform is dazzling. How to choose a safe and trustworthy exchange, there are several indicators that you can follow to pick up the best one for you.
  1. Go for Exchanges with financial licenses:
For example, Bityard is a Singapore Blockchain Foundation whose main business entity is the United States Financial Supervisory Authority (MSB), Singapore Enterprise Authority (ACRA), Estonian Financial Supervisory Authority (MTR), and Australian transactions. The financial legal license submitted by the Report and Analysis Center (AUSTRAC).
Bityard's platform is a complete, global compliance system to protect our users. In other words, Bityard’s risk prevention system has established a strong position with the consent and approval of the relevant regulatory authorities.
New investors can go to the official website of the regulatory agency and enter the name of the trading platform to find relevant information about the dealer's registration with the regulatory agency.
Or you can check our Bityard youtube video on "how to check exchanges financial licenses" at: https://www.youtube.com/watch?v=HR8WYy0R8lc

https://preview.redd.it/d6u4n2gxiu951.png?width=1267&format=png&auto=webp&s=0274dfb520b970accf86a1b88683b25dd0c8d073
2 . Multiple settings to ensure user safety.
For your safety, Bityard has account double authentication, permanent anonymity, multiple offline signatures, deep cold storage assets and other settings to ensure the security of user account and we also takes full advance payment. For new users who are not yet familiar with risk management, under strict control of risks, investors' relative trust in the platform is relatively established.
Finally, Bityard reminds new users the importance of private keys, private keys, as the name implies, is the key to open their own assets. Once lost, the bitcoin stored in the wallet will not be recovered, so be careful and take good care of yours.
How can Bityard help new investors?
Bityard is about to launch a new function. There are alot of experienced investors using our platform who no longer need to spend long hours of hard work watching investment. So we tought about doing a function that you basically copy their transactions, no need to pay for a bunch of tuition fees, lose money then lose all confidence in the investment.
This copy function function is a simple system, you can query the investor's performance, what others buy, just follow the purchase, follow the star to buy his investment strategy, and enjoy the same profit as him, Bityard will do everything to help you on your first steps.
Bityard: Complex Contract, Simple Trade
Bityard is the world's leading digital currency contract trading platform, headquartered in Singapore, providing safe, simple, and fast digital asset trading services to customers in more than 150 countries. Bityard adheres to the product concept of "complex contract, simple trade", and develops to bring customers extremely simple digital currency trading experience.
Want to start? Open an account immediately in 30 seconds, and get your registration gift at: (www.bityard.com)
submitted by bityardadmin to u/bityardadmin [link] [comments]

Bitsmine New Bitcoin Mining Earn Daily 0.001 Btc Without ... Free Bitcoin HACK Mining Site  How To Make 0.001 BTC Per ... New Free Bitcoin Btc Mining Site 2020 Without Invest0.001 ... New Bitcoin Mining Site  0.001 BTC Daily  Zero ... New Free Bitcoin Btc Earning Site 2020  Earn Upto 0.001 ...

Get Bitcoin Earning Tricks…Home-based jobs Today, make online earning fast $100 paid successfully Free cash out in internet web Surfing… How to get Free bitcoin money without any work… at home based jobs… Earn Today online… make sure hourly-paid 0.001 Bitcoin proof. Dieser Bitcoin und Euro Umrechner ist auf dem neuesten Stand mit Wechselkursen von 23. Oktober 2020. Geben Sie den Betrag in die Box auf der linken Seite ein, der umgewandelt werden soll Bitcoin. Wählen Sie "Währungen tauschen" um Euro zur Standard-Währung zu machen. Klicken Sie auf Euro oder Bitcoins , um zwischen dieser Währung und allen anderen Währungen umzurechnen. Bitcoin (BTC) Euro ... INVEST ABOUT US TERMS FAQ REFERRALS SUPPORT. Deposit Bitcoin or Perfect Money; Perfect Money account is verified; Deposits start at 0.001 BTC/10 USD; Direct Payouts to Your Wallet; Confirmation Email on Deposits; Payments Sent Every 24 Hours; Make a Deposit. Earn 15% Daily for 10 Days - Principal Included. Deposit Bitcoin (BTC) Deposit Perfect Money (USD) YOUR DEPOSIT: DAILY PAYOUT: 10 DAY ... 1 BTC = 1 bitcoin; 0,01 BTC = 1 cBTC = 1 centibitcoin (denumit și bitcent) 0,001 BTC = 1 mBTC = 1 milibitcoin (denumit și mbit sau milibit sau chiar bitmil) 0,000 001 BTC = 1 μBTC = 1 microbitcoin (denumit și ubit (pronunțat iu-bit) sau microbit) Cu timpul, dacă te va pasiona domeniul, sigur le vei învăţa. 8. Cum poţi fi folosiţi? În 4 moduri îi poţi folosi în acest moment: a ... The day by day earnings charges rely upon the HYIP itself and vary from 0.5% to 15%. Don’t forget to go to this Scam List Listing before investing in any program on this bitcoin hyips sites list. -In the following trusted Bitcoin and cryptocurrencies HYIP sites list, you will find the most proven projects. Top Bitcoin Hyips Sites 2020

[index] [14550] [43892] [38154] [38911] [13185] [42311] [38764] [34016] [18002] [49117]

Bitsmine New Bitcoin Mining Earn Daily 0.001 Btc Without ...

Free BitCoin Site Every Hour claim 0.001 BTC No Refer No Invest Click join now 👇👇 http://bit.ly/3jl2FRL My Facebook page 👇 https://www.facebook.com/sma... Fiver Bot - Invest like Rich Signup Bonus 0.001 Bitcoin Live Withdrawal Payment Proof Urdu Hindi Hi Everyone Today i Tell You about New Free Bitcoin Earnin... note:please don't invest in any site (earn without investment we are not supporting investment)only free online earning for educational purpose only(we are n... Double Your Bitcoins Instantly! Bitcoin Trading Bot 2016! [Legit, Real, Working Method] Bitcoin Trading Bot 2016! [Legit, Real, Working Method] - Duration: 9:21. Hey Guys !! I am " Vtech Earners" and Today in this video i will Explain to You ,New Free Bitcoin Btc Mining Site 2020 Without Invest0.001 Btc Daily EarnNe...

#