Bonus Bitcoin - free bitcoin faucet

P2P Bitcoin Derivative Trading Through the Blockchain: Equities, Bonds, Forex & Commodities

Research & ideas to use [Veritaseum's UltraCoin](http://ultra-coin.com/) **user programmable Bitcoin swaps** to trade exposures to cryptos, forex, equities, bonds & commodities through 45,000+ global tickers & up to 10,000x price leverage - peer-to-peer. Veritaseum's UltraCoin is a software concern that holds no client funds and is not a financial entity, hence presents you with no counterparty or default risk. [Download the client & tutorials](http://ultra-coin.com/index.php/download-beta)
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BlackCoin Subreddit

BlackCoin is a digital currency similar to Bitcoin. It is a pure Proof of Stake coin, except stage of initial distribution, when it was mixed PoW and PoS coin. For more info, go to http://blackcoin.org/
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testing blackcoin css

testing blackcoin css
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New Bitcoin Cash faucet, quick with no captcha

New Bitcoin Cash faucet, quick with no captcha submitted by billyburner7 to CryptoFaucets [link] [comments]

08-17 21:12 - 'Forget about Faucet / Can't Aford to buy Bitcoin, Why not earn them? Here’s My 4 Quick Free Easy Ways To Earning Bitcoin. 1) make some money recycling bottles, plastic bottles, cans, papers, boxes, etc. Going to parks and...' by /u/Crypto-Gee removed from /r/Bitcoin within 106-116min

'''
Forget about Faucet Can't Aford to buy Bitcoin, Why not earn them? Here’s My 4 Quick Free Easy Ways To Earning Bitcoin. 1) make some money recycling bottles, plastic bottles, cans, papers, boxes, etc. Going to parks and beaches, I make $20 to $40 turining in 8 large plastic bags full of recyclable materials. Take your $$ and buy some Bitcoin. 2)Sell your used iPhones, Androids, iPads, iPods, and Macs for Bitcoin. Gazelle will pay you in Bitcoin. [link]1 3) Turn your unwaned items into Bitcoin. Just sell your unwaned items or you could simply buy something off of ebay or locally and try to flog it on: [link]2 , [link]3 , [link]4 , [link]5 , [link]6 , [link]7 , [link]8 , U.K.-based BTXDeals.com , you can create a store and post your own items for sale with no rules or fees on OpenBazaar. Bitcoin owner should be treating OpenBazaar bitcointalk.Org where you can sale your own items . 4) Earn Cryto-Currency without having a website. Affiliate programs are ways to earn Cryptocurrencies without having a website. Just find a affiliate offer like the one at [link]9 . The best ways to promote your affiliate link is facebook, youtube, twitter and lot of ways. Just get the traffic through that source, and bam, you make the Cryptocurrencies.
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Author: Crypto-Gee
1: bit*o*nbui*der.*om/g*z*l*e/ 2: pu*se*i*/me*cha*ts/ 3: 2*.co/m*t/ 4: https://www.reddit.com/bitmarket 5: *n*er.bital**com/ 6: b*tify**om/ 7: b*t*oinc*a**ifieds.net* 8: w*w.bid***e.uk/ 9: loca*bitco**s.c*m/
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

95 Bitcoin Cash faucet into one, to earn BCC quickly

95 Bitcoin Cash faucet into one, to earn BCC quickly submitted by WebInserzionista to u/WebInserzionista [link] [comments]

Earn Bitcoin with an app (simple, quick, and not a bitcoin faucet)

So for the past month I have been using an app on the play store called Bitit. It gives you credits in exchange for downloading apps. Those credits can be redeemed for bitcoin directly into your bitcoin. wallet. Unlike other apps that give you credits in exchange for downloading apps, this one immediately gives you the credits after the download, and so you don't have to go through the bullshit of having to register yourself or completing a task. Just download, open, and get credits. To redeem for bitcoin, you need 500 credits, and most apps give you well over 100 credits for a download. You can also get credits everyday just for using the app and getting your daily reward. You also get loyalty credits from the apps that you install and keep on your phone. You just go to loyalty rewards, click the apps you have installed, and you get credits just for opening them. You can also get credits for referring people. If you refer someone, you get 50 credits when they install it, and 10% of all the credits they earn. If your referred person refers another person for themselves, you get 10% of the other referred person's credits. This app does not require any personal information of you and there is no signup. To use the app, it asks for you phone number and that is it. It is supposed to call you to confirm its your number (it never calls you) and you can use the app. Now, if you are like me, I use my mom's phone number as well as my own. But, I don't have the app installed on her phone. Instead, I have an old phone, and put her number into the app, it will say the call failed and it will text a code instead. I get the code from her phone, and type it in to the old broken phone that is connected to wifi. This means her actual phone has nothing to do with the app, and the other old phone can download credits. I tried using my own personal phone number on 3 devices to see if I can get triple the credits for downloading the same apps, but your phone number is used to remember your credits and apps, so if you install an app on one device, the offer disappears as well on the other devices. So maybe if you want to save memory on your phone, install the app on an old phone no one uses, and put in your phone number, wait for it to say call is unavailable, get the code from your phone, and put it in the old phone. Now you can just download apps on and old phone and get bitcoin direct to your bitcoin wallet. Through this app, you can realistically make 4 to five dollars a week if you download every single day and chack at all times of day to see apps that give you tons of credits. The apps offered are usually games, and apps from actual companies like Walgreens, McDonalds, Rhapsody, Paypal, Ebay, etc. I personally love downloading Rhapsody because they always give you more than 500 credits when you download it. (remember you get points for merely opening the app, you dont have to register for anything). Although Loyalty rewards are nice, I uninstall every app because my phone is only 8gb. Besides that, the same app will likely be offered tomorrow, and you get more credits for installing it again, than keeping it in your phone and getting the loyalty Credits. Now you might ask, well what do I use Bitcoin for, and what is this wallet you are telling me about? Ok so a bitcoin wallet is self explanatory as it is a wallet for your bitcoins. You can get a wallet online, or in the app store. I highly recommend using BitX on the google play store. You register with your email, it tells you how much money you have in USD and in Bitcoin, and it tells you the value of Bitcoin. Notice that this is unlike other Beer money, because the Price of Bitcoin goes up and down, so if it goes up to like 1200 like it was last year, and you had 20 dollars worth when it is 400, you will now have 60 USD. That is why I haven't bought anything yet with my bitcoin as I am waiting for the price to go up, so I get more money. You can use bitcoins to buy reddit gold, and other things. You can sell bitcoins directly to people, or you can buy gift cards for amazon, and other places if you just google it. I have made 25 dollars so far in USD, but as the price fluctuates, I sometimes have 23 and other times 29. There are other apps exactly the same format as this Bitit app, and are from the same company. The other apps are TidBit, and TopitApp. They work the exact same way, look the same, but they sometimes have different offers, so you can use all 3 apps on your phone and have 3 different amounts of credits for the apps. Not only that, but you can claim your daily reward for each app every single day. To further clarify, these are not bitcoin faucets. You get credits for downloading apps and opening them. You can immediately uninstall those apps after you open them. (that is what I do). 500 credits are about 30 cents, but you can easily make that and can redeem once or twice a day, and remember you can use the 3 apps. Here is a picture of the app http://i.imgur.com/krd3cEz.png I know it says 0 credits earned, but that id because I just redeemed over 1000 credits that I earned today, and it can be seen from my Bitcoin Wallet Transactions from BitX here: http://i.imgur.com/HVbvRT3.png Here is proof that I have made 25 dollars so far: http://i.imgur.com/GKrzfhf.png Here are the links to the app (I dont think its available for IOS) Bitit Ref Non Ref Tidbit Ref Non Ref TopitApp Ref Non Ref Thanks for reading. I just thought I'd share because I love reading the posts here. I personally use bing rewards, my coke rewards, and perk TV and can say that although I have made 45 bucks in amazon gift cards, I have made 25 dollars apart from the 45 even quicker with this bitcoin app. (also quick note), yes you can click the links, and it'll take you to the play store even if you are on your computer. You can download the app to your phone from your computer.
submitted by hopelesswanderer21 to beermoneyglobal [link] [comments]

Quick and good faucet rotator /r/Bitcoin

Quick and good faucet rotator /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

11-20 10:42 - 'Quick and good faucet rotator' (self.Bitcoin) by /u/DandeKamizer removed from /r/Bitcoin within 720-725min

'''
Hi guys, I made a faucet rotator with the best and last faucets that give you a decent amount of satoshi in a good time. I use it daily as it is easier than frequently changing tabs and I invite you to also try it out. Thanks [link]1
'''
Quick and good faucet rotator
Go1dfish undelete link
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Author: DandeKamizer
1: **inrotator*net/d**deka*izer*
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Quick question about Bitcoin faucets.

Like most new Bitcoin users I am trying to acquire some Bitcoin to mess around with, send to friends, etc, and have come across several BTC faucets. My question is: how exactly do faucets work? Who is handing out this money and why? Is it safe? Sorry if this is a stupid question.
submitted by Cool_but_Rude to Bitcoin [link] [comments]

I worked hard for it: version 2.0 of LuckyNano is finally there. Come and check out a fun faucet for a change :)

Howdy ~♪
It's been a vague promise for a year now, life has been quite busy on my end but, yay, we've done it: LuckyNano 2.0 is a thing ! Do pay us a visit by clicking this link, peeps.
As always, I'm sure many of you don't know LN, so let me introduce you: LuckyNano started in January 2018, with the idea of creating a faucet to introduce people to Nano, but in a fun way. I felt really bummed that such an awesome currency as Nano would only be discovered through dull faucets, where all you do to get munie is clicking a button, every now and then. Worse, some only allow you to claim once, or at the cost of viewing ads.
I was a big fan of gamefaucet.com for Bitcoin (RIP), which let you play casino games in exchange of a few satoshi, with a big community component around it. People were enticed to chat and build a strong fanbase, and those who wanted to help the project would invest their own money to unlock perks and features.
This is *exactly* what I'm going for with LuckyNano: a faucet with casino-inspired games where you win NANO, but with a more modern design, and an enhanced multiplayer aspect. And those who are willing to try their luck for a quick buck, or simply want to help keep the project afloat can deposit a couple of NANO to play for higher stakes.
So ! On to what 2.0 has to offer:
Please try it, and share some love if you feel like it. :-)
submitted by Emul0rd to nanocurrency [link] [comments]

This Minor Cryptocurrency Is On Track To Smash Bitcoin In 2020

This Minor Cryptocurrency Is On Track To Smash Bitcoin In 2020
Bitcoin has outperformed most other assets so far this year and is on course to be one of the best bets of 2020.

https://preview.redd.it/j4umzsiuxvy41.jpg?width=960&format=pjpg&auto=webp&s=7d9a086c5c5e54c2ffab9b4b5939ffd9ea12885b
The bitcoin price, after plummeting in March amid a wider coronavirus-induced sell-off, is up around 30% so far this year.
However, one minor cryptocurrency has almost doubled in price since January—with many expecting it to climb yet further.
Tezos, trading as XTZ, has risen by 85% since the beginning of the year, adding to gains made last year and giving tezos a market capitalization of almost $1.8 billion.
At the beginning of the year, tezos was the 15th most valuable cryptocurrency by market capitalization, according to CoinMarketCap data, but has now broken into the top ten—and could move quickly past some rivals if its run continues.
"Tezos seems to be one of the most popular platforms for new projects to build on at the moment," said Mati Greenspan, the founder of market analysis firm Quantum Economics, who holds some tezos.
"Several projects that I'm currently advising are using it. As well, the tokenomics are structured in a way that a lot of the incoming supply are diverted to staking and taken off the market."
Tezos, which styles itself as a "self-amending cryptographic ledger" and uses the so-called proof-of-stake consensus model, has emerged as a favourite blockchain and cryptocurrency for tokenized real-estate and security tokens.
Since bitcoin's closely-watched supply squeeze this week, some have suggested those that maintain the bitcoin network, known as miners, might switch their computing power to other cryptocurrencies—potentially giving them a boost.
However, tezos, which uses proof-of-stake instead of bitcoin's proof-of-work, cannot be mined like bitcoin.
Proof-of-stake blockchains are generally thought to be more scalable and less resource-intensive as they don't require miners to solve complex mathematical problems in order to create the next bloc.
They also incentivize tokenholder participation in network security.
Tezos holders, if their funds are stored in certain wallets, can "stake" their XTZ and receive additional tokens as a reward for creating and verifying new blocks in the chain.
"Tezos is not a proof-of-work based coin, so it can't be mined," said Joe DiPasquale, chief executive of hedge fund manager BitBull Capital.
"However, it is one of the more promising projects to come out of the initial coin offering-era, which gives it an edge in times such as these, when the bitcoin price appreciates and lifts the market for a select-few, quality projects."
Tezos has benefited from various platforms supporting the ability to "stake" tezos tokens over recent months, according to DiPasquale, who pointed to the U.S. division of major bitcoin and crypto exchange Binance, "which is also a positive driver for price."
The tezos rally, which began in November last year, has also been pushed on by major partnerships with the financial world and the so-called Tezos Foundation’s Faucet, that awards users up to 0.01 XTZ every 12 hours.
submitted by MIEX_Official to u/MIEX_Official [link] [comments]

A portal opened in front of my car today and I hit a time traveler. I cradled him in my arms and he gave me some pages from a journal. His dying words: “take this and publish it to r/Buttcoin. The world must know what awaits it. I fear, however, trying to change the future is futile.” Here it is.

Thursday, July 27, 2023
5:30 am -My alarm goes off blaring random Leo Wolf clips. When he says “I want you to deal with your problems by becoming rich!” I roll out of bed and fill my kitty’s bowl until it overflows. I watch his obese body slide out from under the bed and make its way toward the bowl. I return to sleep.
5:53 am - I awake to Mr. Fats barfing up his food along with a tiny baggie containing a small slip of paper with one-time codes to unlock my trading computers. Not safe to just leave them laying around at night where they could be stolen while I sleep or photographed by a drone through a window.
6:15 am - I enter my sonically shielded (so no one can record my typing patterns) and EMF shielded (obvious reasons) trading room I built out of the closet next to the front door of my 200 square foot apartment. I unlock my machines and get the new random passwords for tomorrow. Time to start trading during my self-imposed two hour trading schedule. Things are looking good. HomeCoin is up 10% - yes! - one step closer to being out of the apartment and into my own house. PottyCoin went down the tubes last night, so to speak, but I knew it was coming and I hedged with 10x margin shorts. Someone will be personally wiping my butt clean in a luxurious stall today! WaterCoin down - no wonder my faucet wasn’t working this morning - but CoffeeCoin up. One of my exchanges exit scammed last night but like most people I have at least ten different exchange accounts with balances at any given time.
8:15 am - I’m done trading. I wipe the sweat from my brow and take my pulse. 137. Not bad! Who needs exercise when you spend each morning with your life savings one click away from being decimated? Suddenly I remember that my paycheck came in last night and it’s time to do some bitcoin cost averaging to my altcoin portfolio. The bitcoin transaction fee eats up half my paycheck, as usual, but I’m not too worried. Lightning Network is only about 18 months from being production-ready and high fees will soon be a thing of the past.
8:33 am - I make it to my favorite coffee shop a little late and order my favorite latte. The cashier frowns, however. Turns out that five minutes ago CoffeeCoin pulled a bart and I can’t even pay for half a cup. I shrug, “I guess I’ll have to trade for more tomorrow!” I tell the cashier as I leave. Oh crypto market you big silly animal - big gains mean sometimes you take little losses.
8:59 am - I squeeze into work just before the door traps me inside. Phew. Wouldn’t want to be docked a week’s pay. Ever since the government collapsed when fiat became worthless, businesses have become way more efficient and profitable due to not being restrained by oppressive labor laws. I may work twelve hours a day, six days a week, but being locked in the building motivates me to strive toward that eight-year promotion where I’ll only work ten hours a day and I can leave the building for thirty minutes at lunch.
9:15 am - I settle into my desk at Kodak Corp. We specialize in ICOs, our most successful being a coin for tracking food coloring from production to consumption. My job is to find photos of random people on the internet that look important and make the images suitable for our ICO prospectuses.
11:37 am - I’m fatigued so I pop a few amphetamines. Weird to think I once had to buy these on the dark web but now they sell them at the company pharmacy.
12:18 pm - Watch a bunch of new hires in a conference room for orientation. KodakCoin has really been up since last Monday and we’ve been hiring like crazy. Hope they all aren’t canned by next Friday if the market drops.
12:47 pm - Eat a quick lunch and then “drop the kids off at the pool”. It’s everything I dreamed it would be.
7:17 pm - Finish a lot of photos. Stretch. Pop more amphetamines.
9:25 pm - Get out of work a little late and then head home.
9:55 pm - Arrive at my apartment only to find a repo team taking my stuff away. After a frantic two hours I discover what happened. Turns out I was dumb enough to buy a laptop from a non-Intel approved computer store. It had a hidden chip on the motherboard waiting for the right moment to steal my private keys and then move my crypto out of my wallets. At first I’m distraught, but then at the lowest point of my despair I realize that I’m one of the few people that could afford to learn a lesson this expensive. I’m truly lucky.
11:58 pm - After dealing with the fiasco at my former apartment, I find out hackers discovered KodakCoin was using SHA1 for their block hashes and the entire coin collapsed. So I’m out of a job, too. I head to my local HomelessShelterPlus. In the past, I would have been ashamed, but now that homeless shelters are all private companies, I have the satisfaction of knowing I won’t be getting a handout. Only five years of indentured servitude until I’m back in the voluntary work force. I smile as I step forward to wait in line for a cardboard box and an allocated spot on a nearby street.
submitted by taxonomicnomenclatur to Buttcoin [link] [comments]

Mirror trading international | How to Make Money From Bitcoin Online

Mirror trading international | How to Make Money From Bitcoin Online
Mirror trading international
Mirror trading international : It is currently the eve of 2018 and bitcoin is at the highest point of the mountain. The awful days is by all accounts gone, and albeit a bitcoin air pocket could happen whenever, there is no contending the cryptographic money is setting down deep roots. The sooner you get included into bringing in cash from bitcoin, the better ground you will have in 5 years when it turns into a built up money around the world.
Mirror trading international : Also, if the Bubble alarms you, putting resources into bitcoin is only one of the alternatives, yet not alone. Air pocket or not you can at present make huge amounts of cash from bitcoin. Also, bubble or not, the worth will ascend later on in light of the fact that individuals are simply engaging in it.
Make you claim Bitcoin Faucet : Mirror trading international
Winning Potential: $50 to $800 per month.
Mirror trading international – A bitcoin spigot is an undertaking wherein you make a site or application for clients to visit. You adapt the site with advertisements that pay in bitcoin. The promotions pay a limited quantity of bitcoins per site hit, snap or transformation.
Mirror trading international : To empower a lot of guests to continue exploring the site on a day by day and hourly premise, you offer to part the income from the promotions with them, paying in Satoshi which are fundamentally bitcoin pennies. To guarantee their rewards the client needs to procure a specific measure of Satoshi and installments are led on a week after week premise.
Mirror trading international : Fixtures are paying between 100,000 to 400,000 satoshi’s every hour. Some offer premium installments for position or undertakings accomplishments.
Mirror trading international : Fixtures started to work with the tackling of captchas, and that’s it. An exhausting automated revenue task. New fixtures are working in games were clients murder outsiders, feed critters or execute robots to acquire satoshi, the more they advance in the game the more they gain. So this is an extraordinary thought for your own fixture.
The day were each computer game player gets paid for playing is practically around the bend.
Mull over that bitcoin spigots will in general default due to underfunding or liquidity. The proprietors of the spigot don’t get their installments sufficiently quick to pay a quickly developing client base. They likewise will in general be hot focuses for programmers.
Produce Passive Income from Your Bitcoin Blog : Mirror trading international
Since bitcoin is so new contrasted with other focused on content there’s loads of space for new bloggers and locales. New organizations identified with bitcoin spring up each day; anything from bitcoin trades, exchanging, play cash destinations, spigots, online shops and digging are devoted for your advertorial space.
Making a bitcoin blog and adapting can be delayed toward the start, yet steady distributing of rich substance will get a few promoters keen on no under 9 months.
You can join some associate projects or set up your own bitcoin shop. Bitcoin spigots, wallets and trades pay huge commissions per referral.
Little Earnings from Bitcoin Faucets : Mirror trading international
My first guidance included making your own special spigot. In the event that that is a piece excessively hard, at that point take a stab at going along with one and receiving off its rewards. Rather than making around $800 every month it would be progressively similar to $30 to $100 per month from a dreary errand, yet it’s still cash and an initial step to start developing your bank.
Observe that bitcoin fixtures will in general be flawed and vanish extremely quick. So make a point to join some respectable ones like Robotcoin.com and BitcoinAlien.com. These are additionally fun since you find a good pace while gaining, my top most proposal would be robotcoin.
Make a Bitcoin Product or Service Online Shop : Mirror trading international
Bitcoin is still difficult to adapt into USD and other hard monetary forms. Not excessively it is very hard, yet promotions a few expenses and assessments to the procedure. Despite the fact that it is as yet perhaps the least expensive approaches to send cash to anyplace on the planet.
Mirror trading international – Purchasing stuff with bitcoins is an extraordinary method for making something valuable out of them and helps avoid the charges and assessment of trades. Particularly on the off chance that you can, at that point exchange those merchandise and transform into hard money.
Mirror trading international – There is an extraordinary business opportunity in selling merchandise addressed in bitcoin at low costs or discount. All you need is a bitcoin dealer for your Shopify or WooCommerce shop like BitPay.com. Shopify accompanies BitPay as of now.
submitted by Mirrortradingintern to u/Mirrortradingintern [link] [comments]

r/Bitcoin recap - December 2019

Hi Bitcoiners!
I’m back with the 36th monthly Bitcoin news recap.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in December 2019
Adoption
Development
Security
Mining
Business
Education
Regulation & Politics
Archeology (Financial Incumbents)
Price & Trading
Fun & Other
submitted by SamWouters to Bitcoin [link] [comments]

Nano #Ama on Binance Spanish telegram group!!

Regards!! I'm Jesús Zambrano, member of the Hispanic community of NANO for a long time. Last thursday, we had an interesting and enjoying Ask-me-anything at Binance Spanish community on telegram with the people behind NANO, Colin LeMahieu (Founder and Executive Director) and Zach Hyatt (Proyect Manager), where we take advantage of their kindness and willingness to ask them some questions and share opinions about de currency. I will share a compilation of some of the questions and answers.
-(Admin) ¡Welcome Binancians to our following AMA!
I will explain how AMA works; we will have three (3) segments.
Segment #1: I am going to ask to our guests five (5) questions and then they will answer them.
I will be explaining the rest of the segments as we conclude one of them.
-(Admin) Today we have the great pleasure of having Colin (Founder and Executive Director) and Zach (Project Manager) with us in our chat room. Could you give us a little introduction about you?
- (Zach) Hi everyone, I am Zach Hyatt, the Project Manager at the Nano Foundation and am excited to help answer questions about Nano. I live in Austin, TX where it is quite hot right now!
-(Colin) I’m Colin LeMahieu, founder of Nano. I’m a computer engineer and I’ve worked at companies like Qualcomm, Dell, and AMD. I have been working on Nano for about 5 years now and I’m really excited to talk with people who are interested as well!
-(Admin) It is a pleasure for us to have you here, I have to say that on a personal level, I have been a follower of the project for a long time now, so it is incredible for me to be able to count on you tonight, we will start with segment # 1, with the questions I have for you.
Feeless transactions and in record time! What is NANO? Can you give us an introduction to the project?
-(Colin) Nano’s goal is to solve problems with other cryptocurrencies and make sending value fast and fee-less. It has a unique design to allow us to accomplish this. We want people to have the option of using decentralized digital money instead of fiat money anywhere in the world. Nano is accessible and easy-to-use today and we plan on keeping it focused on these goals.
-(Admin) Thank you for answering my first question, I am delighted with the features offered by the project, every week they are updating and making important changes that help to improve the ecosystem that surrounds the team.
Here you can find all the weekly updates: https://nano.org/en
Previously the project was called RaiBlocks, it appeared for the first time in an ad in Bitcoin Talk in 2015. Can you tell us why a name change came up later?
-(Zach) Yeah, absolutely. Although the original RaiBlocks name has a special place in our history, it was difficult to pronounce in some areas of the world and caused confusion with certain users. We decided to move to a shorter name that not only was easy to pronounce but also reflected the fast, efficient nature of the protocol.
-(Admin) A short and quick name to pronounce, definitely NANO is perfect to define it!
My third question is the following; I had seen a very interesting gif early in the chat and it is just about the question that I came to ask.
Currently, NANO has 100% of its tokens in circulation and these tokens were distributed through Faucets, so it meant that any user with a computer could get coins simply by completing some captchas, can you tell me which has been the experience of users when using this method?
-(Colin) The faucet was a great way for us to distribute coins to people who have never used it before. Cryptocurrencies that use mining end up distributing only to people who have money to buy the mining hardware and this is unfair. We had a lot of people from Indonesia and Asia in the beginning of our distribution and at the end there were a lot of people from South America, Venezuela and Brasil that were getting most of the Nano from the faucet. We think this was a fairer way to do it and it got Nano into the hands of people in different locations, and it had a very positive impact on their lives.
-(Admin) This is incredible! thanks for your answer!
Can you tell us about what the Open Representative Vote is about and how it protects the network?
-(Zach) Nano uses voting to get confirmation on the network instead of mining and the nodes on the network that create votes are called Representatives. Open Representative Voting allows people who have a Nano balance to pick whatever representative they want to vote on their behalf. This allows the people who hold Nano to decide who generates consensus instead of mining companies. The voting process is very efficient and is a big part of what allows Nano to be fee-less and use very little energy.
-(Admin) Very good! The last question on my part:
Nano PoW is your new approach, I have read a pretty interesting example with emails, can you explain what it is about?
-(Colin) Nano PoW is a research project we’re doing in order to create a proof of work algorithm that uses less energy than other popular algorithms. Since Nano is fee-less, there must be a method to limit transactions going onto the network, which this PoW achieves. With the goal of using more memory in the process instead of CPU cycles in order to generate proofs, this new Nano PoW will help prevent ASICs from being able to cheaply send lots of transactions. It’s important for a cryptocurrency that’s used around the world to be energy efficient and green so continuing our research on this is important to us.
-(Admin) https://medium.com/nanocurrency/nano-pow-the-details-ba22a9092d6f
Thanks for your answers, Colin and Zach! I have a video, taken from your YouTube account that I would like to share with the community
https://www.youtube.com/watch?v=eh9pA8UCUrI
Can you tell me what we see in this video?
-(Colin) This is a video of how fast our transactions send and receive. You can see it takes less than 1 second to finish which means you can use it as a currency.
- (Zach) The wallet was made by developers in our amazing community, it is called Natrium. It really shows how fast Nano is and how it is easy-to-use!
-(Colin) You can also see how simple it is to use. You just scan, enter an amount, and send. There are no complicated setting which is great for new users and great for adoption.
- (Zach) And the best part is, there were no fees at all for that transaction. In fact there have never been any transaction fees on the Nano network ever!
-(Admin) Great! That's why I wanted to share it with everyone, yesterday I could try the wallet and it is really spectacular to use, thank you very much for that excellent explanation, please stay with us, now comes the part in which our users participate
Segment 3, community questions
Q -First congratulations on your project, it is amazing. Now, does nano BlockChain have another use besides making transactions?
A - (Zach) Thank you! Nano has always been focused on transfer of value and will continue to maintain that focus. The overall design is aimed at doing only this so it can remain fast, efficient and fee-less.
Q -Good evening! I understand that thanks to its architecture called "Block-lattice", each individual provides the computing power necessary to verify their own transaction, thanks to this they do not use miners to confirm transactions and they do not apply commissions of any kind. My question is: How did this occur and how difficult was it?
A - (Colin) It’s simila, transactions are validated by votes from the representatives, not by the PoW. The PoW is a way to slow down how fast people can create transactions so they can’t spam the network.
Q - Do you have any short or long term projects so that transactions using $NANO were anonymous?
A - (Colin) Long term we want to see what privacy options exist and are fast. Most privacy schemes make the transactions very big or slow to process and it’s important for things to remain quick and efficient so we can have fast transactions.
Q - We are living in Venezuela many changes in the cryptocurrency sector, the integration of crypto for service payment and product purchases is already a reality. What agreements has NANO made with service stores to integrate it as a means of payment? I want to pay my movie ticket with NANOS
A - (Zach) Thanks for your interest in Nano. We are always looking for ways to allow everyone to use Nano in as many places as possible. Although separate from our organization, we are aware of the efforts of the Nano Venezuela organization and try to support them when possible in bringing Nano to as many people and stores in Venezuela as possible.
Q - (7 questions made from one persone at once)
  1. How do you manage to make your transactions virtually instantaneous?
  2. How do they create part of the company's livelihood if no fees are charged for transactions?
  3. Why does $ NANO consume so little electricity?
  4. Requirements for a medium-sized company to adopt nano correctly as a means of payment?
  5. Since 100% of the $ NANOS are distributed, I have seen something in Medium that talked about `` Nano PoW '', could you tell me a little more about how it works? What profit will the person / institution get that puts hardware for their PoW? Will more $ NANO be created apart from those already in circulation?
  6. What do the representatives earn for putting their vote and validating blocks if 100% of the $ NANOS are already created / issued?
7- Since your policy / slogan / commandment is to be a cryptocurrency without fees, shouldn't you force exchanges in which $ NANO is present that they don't charge withdrawal fees?
A - (Colin)
  1. Transactions are fast because they’re validated by voting. The votes get transmitted around the world in milliseconds and all people have to do is count votes to confirm the transaction.
  2. We use the Dev fund to pay for developing the Nano protocol. The Nano protocol is a free tool that other people can build businesses on. We have ideas for businesses that can use fast, free money in order to help people send money to their family in other countries or pay microtransactions. It’s similar to Linux, it’s free but big companies use it because it saves them money.
  3. Nano uses little electricity because we use voting for validating transactions. Voting is just sending data over the internet which is power efficient.
  4. You can run a nano node with 40-60$/mo using cloud virtual machines
  5. Nano pow is just a more efficient way to slow people down from sending transactions to the network
  6. The most important thing is: why does a company want to use cryptocurrency? They want to use it because it saves them money on bank fees, etc. Since 40-60$/mo running a node is less expensive than their bank fees, they want to participate in the network to keep it going and save them money.
Q - Knowing all this about Nano, could you say that Nano is one of the most energy-efficient, Ecological friendly currencies in existence?
A -(Zach) Absolutely. We care about making a positive change in the world and so pride ourselves on leaving as little energy trace possible in the world. It may just be the fastest, most efficient transfer of value available.
Q - If the nano protocol had not passed the Red4Sec signature security test, would it have any vulnerability today?
A - (Colin) The Red4Sec audit didn’t find any critiral vulnerabilities in Nano. In fact they did the audit twice because they couldn’t find anything wrong and that never happened before.
It’s important for us to keep the code high quality and we will do audits again in the future because it’s important to make sure everything is secure.
Q - I'd like to see more development of Nano by using SMS on our phones to avoid the problem of no Internet connection at the moment
A -(Zach) As much as we like the idea of SMS, unfortunately it is not a secure network so managing Nano transactions over it brings some unique requirements. However we are always innovating and trying to make Nano as easy and accessible as possible so hope advances can help over time make it more accessible in this area.
Q - What plans do you have to close this 2019 to increase adoption in Latin America?
A -(Colin) We are very excited about the passion we see in the south american community. We would love to make it down to VE however in the mean time follow nanoVE for updates and meetups - there may be one near you soon!
Q - How will you make the adoption and use of $ NANO continue to increase especially in markets where other cryptocurrencies are gaining more ground?
A - (Colin) Our focus is to build tools people need to accept cryptocurrency. Right now it’s still difficulty and expensive. One thing we’re making is the device Appia which can accept cryptocurrency similar to a credit card. We made this device very inexpensive and can connect over wireless so it can be used in markets or resturaunts or other places cryptocurrency is not yet available.
- (Admin) Thank you very much for your answers! You are the first guests that answer all the questions of our users, you are amazing guys!
@AndyNano It was amazing to meet you, I learned a lot from you
@FundacionNanoVE Thanks for making this happen! excellent work
@nano_isam Thanks for everything buddy!
-(Zach) Can we ask a question to the channel?
What are the top things Nano can do to help you in your daily lives?
-(Colin) My question: How do you store cryptocurrency safely? Where do you back up your seed so it isn’t lost or stolen?
A - In Venezuela we currently have a problem with conventional payment processors, they are very slow, it would be great to be able to see people using NANO to make their purchases at any store in Venezuela, 0 commissions and instant transactions, is what we need
A - Fast transactions are what can help society the most, and except that, the best thing is that it is very cheap ... from there it is addition, those are the main characteristics that we look for the most
A - encrypted file in a pendrive
A - Nano is a direct competition to the vast majority of Cryptos, in transaction speed and that it is literally free to send or receive, nothing to wait for 5 hours or the next day when you pay for items or services with Crypto, let's increase the adoption of nano!
-(Colin) Question: Are there barriers to using Nano in your country right now?
A - No barriers in Venezuela
A - No barrier what is lacking is greater diffusion in means to give greater projection and that the adoption arrives. Here I am to support NANO!
A - There should be no barriers to the payments we wish to make, freedom above all
-(Colin) Fantastic!
- (Zach) Thanks everyone, I have to go but I appreciate all the awesome questions and answers!
submitted by AlejandroZD58 to nanocurrency [link] [comments]

[ANN] Baby Badgers (BAB) - all you need to know and how to get your hands on some

What are baby badgers?

Baby badgers (BAB) are the cutest new species to have been discovered in the cluster of stars called Memo deep within the Cash galaxy. Memo has gained repute as an active birthplace of new forms of information exchange and a place where the Tokambrian explosion is in full swing.
Based on their looks, baby badgers appear genetically similar to the earthly honey badger (Mellivora capensis). Exobiologists are unsure how that can be. Some have speculated that these baby badgers are descended from a crazy common ancestor that evolved into a spacefaring race of honey badgers which ascended from Earth long ago, went right past the Moon, and past Mars, and eventually settled on Memo.
Whatever their origins, in contrast to their distant earthly relatives, baby badgers are very sociable and friendly, which makes them ideal subjects of study and adoration.
A quick population survey has indicated an upper limit of 21 billion baby badgers, which means every human on earth could adopt one and there would still be a healthy population left over. Good news everyone!

What can they do?

We haven't studied them long enough to know really. For sure, zero cases are known where a BAB has attacked a human. It may still not be a good idea to provoke the critters.
They've been noticed trying to communicate with humans by telepathically beaming the concept "sharing is caring" directly into the recipient's consciousness. It could be that they are themselves affected with a benign mind virus.
Baby badgers seem to trigger humans in various ways, making some really happy, while having a calming effect on others.
It's quite likely they can be used as emotional support animals. Or given as tokens of appreciation.
Only in very rare cases they have been observed to cause people to go into uncontrollable rants about how these good-for-nothing furbys are here to steal their valuable cash or burn down civilization as we know it. [1] In such cases it is better to ask the person to hand the baby badger back to you. Then back away slowly.

Where can I get my own Baby Badger?

There are several ways. Here are some:
  1. post a simpleledger:address in this thread and you will receive more than one BAB after some time
  2. find someone who keeps baby badgers, and badger them into giving you some. Sometimes it works to publicly shame them as greedy bastards if they don't give you any. See what works for you, but don't take 'No' for an answer :-)
  3. open an account on Memo (it's free), ask around and ye shall receive eventually. You might even receive more than you came for!

Is there a BAB faucet?

Perhaps in the future someone can invent a faucet big enough to dispense baby badgers without injuring them.
If you are such a capable inventor, leave a notice in the thread below.

Cool, I have 1 baby badger. Can I give 1/2 to my friend?

Short anwer: nope
Long answer: They do not appear to be divisible. Previous attempts to dissect one (for science!) have resulted in its sad demise.
However, giving your only remaining baby badger to someone is universally recognized as a great gesture of friendship and compassion.

Got plenty. Should I hang on to more than one?

There isn't really any need to do that, since they don't breed.
You can safely give away as many as you want - in fact, that seems to be their best use!
If you are down to your last baby badger, you might want to keep it for sentimental reasons. Just tell your friends how easy it is to obtain a baby badger of their own. Information is power!
If you have read all of the above, you should also be able to procure some more and pass 'em along!
Good luck, and spread that baby badger love.

What's the best place to keep my baby badgers?

Keeping them on Memo works quite well but may not be the easiest if you plan to pass some around. For that, better get a wallet that supports Simple Tokens on Bitcoin Cash.
Examples:
[1] Think about how absurd that is! These lovable little creatures don't even have an independent economy. It is speculated that survive purely through engendering emotional trade (and perhaps exchange of knowledge) within the economies of other species.
submitted by btcfork to btc [link] [comments]

How To Gain From Bitcoin Investment

How To Gain From Bitcoin Investment
The lord of digital forms of money, Bitcoin is as yet a delectable piece for crypto lovers. Indeed, even in spite of the bearish pattern, 1 BTC isn't modest: right now of composing this article, it costs around $8,600. Need to add some Bitcoins to your portfolio yet don't have a clue how? Here are some fascinating approaches to make Bitcoin.

Purchase Bitcoin or Earn?

The appropriate response is "Both!" If you have some free assets, you can put resources into BTC – it's constantly a savvy choice. In any case, on the off chance that you need to procure BTC all alone, there's a bunch of alternatives accessible. Despite the fact that it's not as gainful as it appears, consistency and tolerance will in any case assist you with becoming your crypto resources quicker.

https://preview.redd.it/8a4rgbxrrp741.jpg?width=739&format=pjpg&auto=webp&s=f84865868f13b1dcd4a5818e30984de464975441
  1. Win BTC by Watching Videos or Clicking promotions

Perhaps the most effortless approaches to gain BTC is utilizing Bitcoin spigots. Miracle what it is?

Bitcoin spigots are a prize framework made as an application or a site: it gives a compensation as Satoshi (1 Satoshi is a hundredth of a millionth BTC). Guests need to finish undertakings depicted by the site. Different spigots give elective cryptographic forms of money.

Free Bitcoins interface

What sort of undertakings do clients normally perform? They tackle captchas, mess around, click on promotions or watch recordings. For each errand done, they acquire Bitcoin. How about we watch a couple of mainstream Bitcoin fixtures:

One of such fixtures is Bittube: there, you procure Satoshis by viewing YouTube recordings.

AdBTC Top pays from 5,000 Satoshi for watching plugs (up to 70 satoshi like clockwork). No venture, quick and bounty. Surfing, open window surfing and auto surfing. Come in more regularly and watch every one of the promotions. Raise your rating (appeared at the upper right). You'll get a generously compensated promotion for survey and the captcha will be less upsetting. The webpage pays for Faucethub.io, your BTC Wallet and your WebMoney wallet.

Bitco Mania pays around 300 Satosh every day. The site enables clients to see "View Ads" promotions, click Shortlinks, complete errands and take an interest in Hi – Low Game. Payouts from 1 Satoshi are moved immediately on FaucetHub.io.

Multi Faucet site pays BTC, LTC and DOGE immediately to your Faucethub.io wallet. You can acquire Bitcoins along these lines. Register, click "Procure Tokens" in the top menu and work. Three sorts of profit – seeing connections and promoting, performing errands.
submitted by Bitcoin12investment to u/Bitcoin12investment [link] [comments]

Different ways of passive income

I've decided to test out a lot of methods for passive income. It won't be methods that you'll get a lot of money from but I've found some that are actually pretty good and some that are not so good. I know I already made a post about this but I figured I would write a bit more and add the ones that were suggested in the comments.
I have a Raspberry Pi that I use to run most of these sites and am therefore able to run them 24/7. I run raspbian and access it via VNC. This way I can manage it from my main computer and my smartphone. Learn more about that here.
I've tested out these sites:
Fast Cash Mining Ref link This site is very straight forward. You sign up on the site and then click on "Start Mining Cash". At this point, it starts an auto-surfer and you don't have to do anything else. It'll keep going to different sites and you'll make a little bit of cash. You should make $0.00015 every minute. I've had it running for 1,905 minutes and have made $0.28575, so it checks out. Keep in mind that you have to have 15,000 total mined minutes to make a withdrawal. I run this site on my Pi and I haven't had any issues running it 24/7.
Get Cash FREE Ref link This is pretty much the exact same as Fast Cash Mining. Although after clicking "Get Cash Free" you have to go through a captcha before it actually starts. So keep that in mind. I wasted a bit of time before I noticed that. You get $0.00010 every minute and I've been able to run it 24/7 as well without any issues. Withdrawals are not available at the moment since they're moving to a new domain.
Fast Cash Mining and Get Cash FREE both seem sketchy to me. I'll test them out and see where it goes, but I'm not expecting much from it. There's also Money Mining and Cash Mining Bot which are pretty much the same.
eBesucher Ref link This site seems a lot more legit to me. It looks better and more professional. It's not as smooth as the last two though. For this site, you need to sign up and then navigate to the Members Area and find "Discover new websites". Once you've done that you'll be able to start the auto-surfer. I've had some problems with it. It seems to run out of websites pretty fast even though I have no limitations on what websites I'll allow. I did eventually manage to fix this by downloading their AddOn and launching the surf bar from that. After doing that I got a lot more websites. Not sure why. I was able to run it on my Raspberry Pi but I had to increase my screen resolution to get more sites.
You get about 1 BTP per website you visit. 100,000 BTP = 2.10 EUR. It's decent and they payout to PayPal.
alexamaster Ref link This is also way more legit than the first two. You can tell that it's an actual business. You sign up and navigate to "Earn points". Here you can start the auto-surfer. There's also a lot of other options to earn points, like clicking links and watching videos. Minimum withdrawal is 30.000 points which is 1 USD and you should be able to get that pretty quick.
PacketStream Ref link I've been running this on my main computer since I think it would be too much for the Pi. PacketStream allows you to sell your extra bandwidth. It doesn't use a lot of CPU, just the bandwidth. You get 0.10 USD per 1 GB you share. It's easy to set up. Just sign up and download the program. Then you can just leave it open and earn some cash.
SatoshiLabs Ref link It's not completely passive but it can be to some extent. On this site, you can use a faucet every 5 minutes to get Lab Flasks. Lab Flasks can be used to buy production tools. The production tools will then automatically generate Lab Flasks. Once you have enough Lab Flasks (5000) you can then withdraw them to your FaucetHub. 5000 Lab Flasks = 0.05 USD. If you spend some time setting it up you can have it running passively with minimum work.
Conclusion Obviously, this is not a way to become a millionaire. It works and you'll get a bit of cash, but it won't be too much. But if you use a lot of the sites then you might be able to make some decent cash. If you're limited to the number of surfers you can run, I would probably skip the first two. They seem very sketchy and might not pay out.
Tips
If you like SatoshiLabs and the faucet thing you might also want to set up a CoinPot and use the Moon faucets. They're great faucets that pay out pretty decently. They're available for Bitcoin, Litecoin, Dash, Dogecoin and BitCoin Cash. There's also BitFun and BonusBitcoin that payout to CoinPot. Just set up an account on CoinPot and use that email on the faucets. Then you'll be able to claim some crypto every once in a while. I usually claim them twice every day.
I have also enjoyed using the Dogecoin Telegram bot. It's very easy to earn some crypto and you can withdraw your first 4 Dogecoin after about 5 minutes. I withdraw them to a wallet and just save them up but you could also withdraw to Free-Dogecoin to earn interest on it.
submitted by BimboDimbo to beermoneyglobal [link] [comments]

The ultimate guide to passive crypto earnings!

I've spent the last couple months figuring out a good strategy to generate some passive cryptocurrency without investing money before a big bull-run starts. As Bitcoin is still fairly low, but cryptos have been risen again in the last weeks, it's best to get in now. I don't have very much time, so I examinated the best-working websites with the littlest time investment and the highest result possible.

Disclaimer: This will be a long post and I'll tell you all the sites I use and how my strategy works. Use it as an inspiration and develop your own working strategy. Skip stuff that doesn't seem to be worth your time or websites you don't like. If you don't like to use a referral-link, just remove the last part of the link. Most websites will give you a bonus when signing up with a ref-link, though and I would appreciate it for the effort I put in this guide.

I assume you have some basic knowledge on cryptocurrencies, a wallet and accounts on Faucethub and Coinpot.

So, let's get started.

Step 1: Claim once a day from stacking up faucets

If you're familiar with faucets, you probably know the moon-faucets that pay directly to Coinpot. They keep stacking up until your next claim, so they are the best and highest-paying faucets if you want to keep your time claiming as little as possible. I suggest you use them at least once a day to accumulate the daily bonus that will really change your game. I do a quick claiming round once in the morning and once in the evening. If you have more time, they are also really worth being claimed more often. For the sake of completion I will include them here:

Moonbitcoin for Bitcoin
Moonlitecoin for Litecoin
Moonbitcoincash for Bitcoin Cash
Moondash for Dash
Moondogecoin for Dogecoin
Bitfun stacking up Bitcoin-faucet that pays instantly to Coinpot

Two new exact clones of the Moonfaucets that pay instantly to Faucethub with no minimum. They also have daily bonus:

Getcoin Bitcoin for Bitcoin
Getcoin Litecoin for Litecoin

And the last stacking up faucet for BTC: Yannik.biz

So yeah, try to claim them at least once a day to maintain your daily bonus. The bonus can really be a game changer on these ones. Claiming them all will take no more than 5-10 minutes every day.

Step 2: Receive daily interest on your faucet claims!

Send your Bitcoin to Freebitcoin and receive daily interest on your balance once you have more than 30000 Satoshis (shouldn't take too long if you put in some effort in the beginning). You can also use the website as a faucet once a hour. It is actually paying well. If you use my link to sign up a new account you will receive life-long +12,5% on your daily interest and +25% on all your claims. If you already have an account, just create a new one with this link and delete your old one as this ref-back-bonus will give you a decent boost on your earnings. Freebitcoin is one of the oldest and most trusted website in the crypto scene!

Step 3: Claim even more cryptos once you have some spare time

Highest-paying sites I found where you can claim every hour along with Freebitcoin are these:

Cointiply: very high paying and they also give you daily interest, but are tied to USD-rates, so you're better off withdrawing your satoshis to Freebitcoin once you reached minimum withdrawal as you would lose satoshis if BTC price continues to rise.

Freedogecoin: Same as Freebitcoin, but with less functions.

Bitsfree: New website with cool design where you can claim once a hour and withdraw to Faucethub at a fairly low amount. Pays pretty well.

Claimbits: Same script as Bitsfree, but pays a bit less and you have to solve three shortlinks once in a while to be able to claim. It's still worth participating in.

Remember: On every claim on these websites you have the chance to win a big amount of cash. So try to use them as often as possible. Unlike the stacking up faucets, with the exception of Cointiply, they don't have a daily bonus, so it's no problem if you ignore them for a while.

Bonusbitcoin: Claim a good amount of satoshis every 15 minutes. Instant payments to Coinpot again.

Click high-paying ads on AdBtc and Dogeads. Another good website for high-paying BTC-ads is Bits-Pays.

Use websites where you can do surveys and all kinds of stuff to earn money that also pay in cryptocurrency. The best website I found that is similar to Swagbucks and has the option to pay cryptos is probably Grindabuck.

Claim your daily bonus at Firefaucet, collect some Autoclaims during the week and run it during the happy hours on the weekend to get most of it. Instant payments to Faucethub.

Step 4: Use semi-passive methods with crypto farming games

There are some crypto games out there that have the ability to build you a decent chunk of passive income after a while. The sites require small tasks you do to earn crypto or credits which you can re-invest in stuff that will generate passive income for you. It takes some effort upfront, but once set up they will passively pay you with no additional effort.Here are my favorites:

Satoshi-Labs: Claim from a faucet every 5 minutes, do surveys and shortlinks and re-invest your earnings in buildings that will generate satoshis for you every hour.

Cryptomininggame: Play a simulated mining game and do missions to level up. As you level up, your earnings increase. This site has a high stacking up daily bonus and can be very profitable once you get to a high level.

Bits-Pays: Has several options to earn passive income. You can play their mining game or buy company shares that will give you dividends. It has a lot of attractive offers for advertisers and very high paying ads and daily bonus, too!

Bitcoinfun: This is a new website that works the exact same as satoshilabs. Once you're into satoshilabs you will also get Bitcoinfun. I see a lot of potential for this website.

Step 5: Fully passive methods

So yeah, let's come to the best part. There are options that require no effort at all! Let's go.

I've already written about sending my satoshis to Freebitcoin for daily interest, but what you can also do is sending some cryptos to Eobot. They are probably the only legit Cloudmining platform out there that has been paying since 2013. You can also claim some GHS there every 24 hours if you set Mining to GHS 5.0. first, which is cool. I like to send some of my altcoins like Doge and Bitcoin Cash to them and convert them in GHS to earn passive Satoshis.

You have probably heart it a thousand times on this sub, but you can also earn Bitcoin by using the two legit autosurfers that pay in Bitcoin by now. This is a fully passive method, just run them whenever you're online.

Getcashfree and Fastcashmining.
Another fully passive website planning to add crypto-payments soon is Radioearn.

Use browser extensions that will automatically generate money for you just for using them:

Presearch: This is probably the best search engine I've ever seen. After installing it will be opened every time you open a new tab. You can customize it, so you can choose from searching via Google, Amazon, Reddit, Wikipedia and much more without accessing the websites first. This is very comfortably and the best part about it: You earn Pre-Tokens for every search, which you can later exchange for BTC.

Surfe.be: A browser extension that shows you some Banners while surfing the web and pays you some money for it. You can disable it at any time and it isn't over-present at all when surfing (I barely notice the banners).

Claim every 24 hours from Mellowads and use it to advertise your ref-links. You can also promote your ref-links on AdBTC, Bits-Pays and DogeAds. Having referrals is another good way to generate some passive income.

Sign up for Mannabase. This is a cool project that aims to create some sort of crypto Universal Basic Income for everyone. After signing up you will need to verify your identity and once they accept you, you'll receive free Manna every week. You can then exchange Manna for BTC or USD. As they have a lot of pending approvals, expect it to take 1-2 months before they accept you.

Conclusion

So yeah, that's basically my main sources and my strategy and I treat it as some sort of site-business. If I am lazy, I spend no more than 10-15 minutes a day to claim the stacking up faucets and daily bonuses on websites and receive my daily interest, payments from Eobot, crypto games and browser extensions anyway. It's really cool to watch your balances, bonus and interest grow over time and who knows? 1$ in Crypto could be 30$ of Crypto in the future. Use this guide as an inspiration to develop your own strategy of acquiring as many Cryptos for free as you can. For me these websites work the best. And I tested a lot of websites.

Additional tips: Use different passwords on the websites and write them all down. It can be a hassle memorizing several passwords. Also create a separate e-mail-address for all the crypto websites. To make it easier handling all the websites, group them in a document e.q. all 1 hour faucets, all stacking up faucets and add links, so you can quickly access them when you want to use this particular group of websites. Be patient at first, your earnings will increase over time.

Feel free to ask me anything, have fun and happy claiming! :)
submitted by kryptanthrax to beermoneyglobal [link] [comments]

PSA: The Bitcoin ABC Bug Disclosed by Corey Fields Would NOT Have Destroyed Bitcoin Cash (Details inside)

Top posts now on /btc are about the responsible disclosure of a bug (introduced by code refactoring) found in a release of Bitcoin ABC, the most popular node implementation for Bitcoin Cash. The way the tipster handled his discovery went beyond what anyone would be expected to do, and the BCH community is offering gracious thanks, for good reason. However, it's important, in addition to seeking to learn from the incident, to fully understand the dangers and probable outcomes of exploit. The tipster's Medium article somewhat exaggerates this claiming "transacting Bitcoin Cash safely would no longer be possible". That's not right, nor are highly upvoted comments in threads claiming this white hat "saved BCH". Why? Because the EXACT same thing happened to the blockchain now known as Bitcoin BTC or simply Core.
First, a quick recap on the bug. The "SIGHASH_BUG" as the tipster calls it would have allowed an attacker to create a transaction splitting the Bitcoin Cash blockchain into two incompatible chains, due to a validation check apparently removed in the code refactoring. The tipster correctly explains that because blocks are chained together, a difference in any block creates a completely incompatible future chain for any nodes that don't incorporate that change. In other words, all node software must remain in transaction and block lockstep at every point along the way as the blockchain grows. At any point where a difference is introduced, nodes accepting the difference as valid will fork or split from nodes that reject it as invalid. This is not a problem if there are say 100 total nodes and 1 node forks with some difference. The network would hardly notice. However, a substantial number of nodes, say 40 out of 100 would be more disruptive, because a significant part of the network, which underlies a real world economy of users and businesses would suddenly disagree about reality.
As stated the exact same thing happened before. I lived it. I can't recall the exact date, but it was I believe around March 2013. There was only one major Bitcoin blockchain (BTC), and Gavin Andresen was recognized as the lead software developer, along with four others whom he considered his closest peers - Jeff Garzik, Greg Maxwell, Pieter Wuille and Wladimir van der Laan. Mike Hean would have been included in that group but he primarily worked on a separate protocol codebase of his own creation (BitcoinJ). Again, the issue arose from changing the software and issuing a release containing the undiscovered bug. I logged into BitcoinTalk.org to see the community in a fair panic. People were posting memes about the Titanic sinking and popping bubbles. There was an urgent stickied alert from Pieter Wuille IIRC acknowledging the trouble with action items for those running nodes. The scene was chaotic but people found Bitcoin was experiencing its first unintentional "chain split".
It was later discovered how the bug came about. Database code was rewritten in a way nodes running oldenon-upgraded versions of the software would reject blocks seen as perfectly valid by those who upgraded. A large portion of (but not all) miners had upgraded when the split occurred. To resolve the issue Gavin Andresen reached out to miners and asked one side (IIRC) to revert back to the older version. This put the network back into agreement, with the forked blocks forever discarded. Two things made the situation quite a non-issue. The first is that (wisely) a prior rule had been introduced that newly mined coins could not be moved (spent) for 100 blocks, which is about 17 hours. This meant no economic activity could possibly have occurred on the "wrong" chain. Second, Gavin, being the upstanding, generous, caring person he is, gave miners on the losing side bitcoins he had sitting in an early faucet (Gavin invented the idea of faucets). So ultimately no harm was done. This is why it wouldn't have been the case BCH would have "died" either if it had actually gone through a splitting action.
A final thing I'll point out is this is a vote in favor of having more than one software implementation. Gavin later discussed this very thing at an MIT Bitcoin workshop. He reflected on a couple key things in hindsight about that bug. One is that even had he not reached out to miners to manually put them back into consensus he said things would still have been okay, because there would have eventually been a longer chain, which is ultimately what Bitcoin respects. Second, he posited this was why having multiple implementations is a good idea. A bug in one version is unlikely to be present in all versions, so a network well diversified is more bug robust, as there is less chance a critical bug affects a majority of the network. BitcoinABC is adopted by about 60% of the BCH network, and about half had upgraded, meaning had the bug activated then about 30% would have split away. However, even in the case 100% had upgraded and the bug activated, it would mean 60% of the network would disagree with 40% (nodes running other than Bitcoin ABC), so there would still soon be a longer chain. Network participants would then need to decide which software version to adopt to put 100% of the network back into consensus. So, again, disruptive, but clearly not "death" or inability to ever again transact.
submitted by cryptos4pz to btc [link] [comments]

⚡ Lightning Network Megathread ⚡

Last updated 2018-01-29
This post is a collaboration with the Bitcoin community to create a one-stop source for Lightning Network information.
There are still questions in the FAQ that are unanswered, if you know the answer and can provide a source please do so!

⚡What is the Lightning Network? ⚡

Explanations:

Image Explanations:

Specifications / White Papers

Videos

Lightning Network Experts on Reddit

  • starkbot - (Elizabeth Stark - Lightning Labs)
  • roasbeef - (Olaoluwa Osuntokun - Lightning Labs)
  • stile65 - (Alex Akselrod - Lightning Labs)
  • cfromknecht - (Conner Fromknecht - Lightning Labs)
  • RustyReddit - (Rusty Russell - Blockstream)
  • cdecker - (Christian Decker - Blockstream)
  • Dryja - (Tadge Dryja - Digital Currency Initiative)
  • josephpoon - (Joseph Poon)
  • fdrn - (Fabrice Drouin - ACINQ )
  • pmpadiou - (Pierre-Marie Padiou - ACINQ)

Lightning Network Experts on Twitter

  • @starkness - (Elizabeth Stark - Lightning Labs)
  • @roasbeef - (Olaoluwa Osuntokun - Lightning Labs)
  • @stile65 - (Alex Akselrod - Lightning Labs)
  • @bitconner - (Conner Fromknecht - Lightning Labs)
  • @johanth - (Johan Halseth - Lightning Labs)
  • @bvu - (Bryan Vu - Lightning Labs)
  • @rusty_twit - (Rusty Russell - Blockstream)
  • @snyke - (Christian Decker - Blockstream)
  • @JackMallers - (Jack Mallers - Zap)
  • @tdryja - (Tadge Dryja - Digital Currency Initiative)
  • @jcp - (Joseph Poon)
  • @alexbosworth - (Alex Bosworth - yalls.org)

Medium Posts

Learning Resources

Books

Desktop Interfaces

Web Interfaces

Tutorials and resources

Lightning on Testnet

Lightning Wallets

Place a testnet transaction

Altcoin Trading using Lightning

  • ZigZag - Disclaimer You must trust ZigZag to send to Target Address

Lightning on Mainnet

Warning - Testing should be done on Testnet

Atomic Swaps

Developer Documentation and Resources

Lightning implementations

  • LND - Lightning Network Daemon (Golang)
  • eclair - A Scala implementation of the Lightning Network (Scala)
  • c-lightning - A Lightning Network implementation in C
  • lit - Lightning Network node software (Golang)
  • lightning-onion - Onion Routed Micropayments for the Lightning Network (Golang)
  • lightning-integration - Lightning Integration Testing Framework
  • ptarmigan - C++ BOLT-Compliant Lightning Network Implementation [Incomplete]

Libraries

Lightning Network Visualizers/Explorers

Testnet

Mainnet

Payment Processors

  • BTCPay - Next stable version will include Lightning Network

Community

Slack

IRC

Slack Channel

Discord Channel

Miscellaneous

⚡ Lightning FAQs ⚡

If you can answer please PM me and include source if possible. Feel free to help keep these answers up to date and as brief but correct as possible
Is Lightning Bitcoin?
Yes. You pick a peer and after some setup, create a bitcoin transaction to fund the lightning channel; it’ll then take another transaction to close it and release your funds. You and your peer always hold a bitcoin transaction to get your funds whenever you want: just broadcast to the blockchain like normal. In other words, you and your peer create a shared account, and then use Lightning to securely negotiate who gets how much from that shared account, without waiting for the bitcoin blockchain.
Is the Lightning Network open source?
Yes, Lightning is open source. Anyone can review the code (in the same way as the bitcoin code)
Who owns and controls the Lightning Network?
Similar to the bitcoin network, no one will ever own or control the Lightning Network. The code is open source and free for anyone to download and review. Anyone can run a node and be part of the network.
I’ve heard that Lightning transactions are happening “off-chain”…Does that mean that my bitcoin will be removed from the blockchain?
No, your bitcoin will never leave the blockchain. Instead your bitcoin will be held in a multi-signature address as long as your channel stays open. When the channel is closed; the final transaction will be added to the blockchain. “Off-chain” is not a perfect term, but it is used due to the fact that the transfer of ownership is no longer reflected on the blockchain until the channel is closed.
Do I need a constant connection to run a lightning node?
Not necessarily,
Example: A and B have a channel. 1 BTC each. A sends B 0.5 BTC. B sends back 0.25 BTC. Balance should be A = 0.75, B = 1.25. If A gets disconnected, B can publish the first Tx where the balance was A = 0.5 and B = 1.5. If the node B does in fact attempt to cheat by publishing an old state (such as the A=0.5 and B=1.5 state), this cheat can then be detected on-chain and used to steal the cheaters funds, i.e., A can see the closing transaction, notice it's an old one and grab all funds in the channel (A=2, B=0). The time that A has in order to react to the cheating counterparty is given by the CheckLockTimeVerify (CLTV) in the cheating transaction, which is adjustable. So if A foresees that it'll be able to check in about once every 24 hours it'll require that the CLTV is at least that large, if it's once a week then that's fine too. You definitely do not need to be online and watching the chain 24/7, just make sure to check in once in a while before the CLTV expires. Alternatively you can outsource the watch duties, in order to keep the CLTV timeouts low. This can be achieved both with trusted third parties or untrusted ones (watchtowers). In the case of a unilateral close, e.g., you just go offline and never come back, the other endpoint will have to wait for that timeout to expire to get its funds back. So peers might not accept channels with extremely high CLTV timeouts. -- Source
What Are Lightning’s Advantages?
Tiny payments are possible: since fees are proportional to the payment amount, you can pay a fraction of a cent; accounting is even done in thousandths of a satoshi. Payments are settled instantly: the money is sent in the time it takes to cross the network to your destination and back, typically a fraction of a second.
Does Lightning require Segregated Witness?
Yes, but not in theory. You could make a poorer lightning network without it, which has higher risks when establishing channels (you might have to wait a month if things go wrong!), has limited channel lifetime, longer minimum payment expiry times on each hop, is less efficient and has less robust outsourcing. The entire spec as written today assumes segregated witness, as it solves all these problems.
Can I Send Funds From Lightning to a Normal Bitcoin Address?
No, for now. For the first version of the protocol, if you wanted to send a normal bitcoin transaction using your channel, you have to close it, send the funds, then reopen the channel (3 transactions). In future versions, you and your peer would agree to spend out of your lightning channel funds just like a normal bitcoin payment, allowing you to use your lightning wallet like a normal bitcoin wallet.
Can I Make Money Running a Lightning Node?
Not really. Anyone can set up a node, and so it’s a race to the bottom on fees. In practice, we may see the network use a nominal fee and not change very much, which only provides an incremental incentive to route on a node you’re going to use yourself, and not enough to run one merely for fees. Having clients use criteria other than fees (e.g. randomness, diversity) in route selection will also help this.
What is the release date for Lightning on Mainnet?
Lightning is already being tested on the Mainnet Twitter Link but as for a specific date, Jameson Lopp says it best
Would there be any KYC/AML issues with certain nodes?
Nope, because there is no custody ever involved. It's just like forwarding packets. -- Source
What is the delay time for the recipient of a transaction receiving confirmation?
Furthermore, the Lightning Network scales not with the transaction throughput of the underlying blockchain, but with modern data processing and latency limits - payments can be made nearly as quickly as packets can be sent. -- Source
How does the lightning network prevent centralization?
Bitcoin Stack Exchange Answer
What are Channel Factories and how do they work?
Bitcoin Stack Exchange Answer
How does the Lightning network work in simple terms?
Bitcoin Stack Exchange Answer
How are paths found in Lightning Network?
Bitcoin Stack Exchange Answer
How would the lightning network work between exchanges?
Each exchange will get to decide and need to implement the software into their system, but some ideas have been outlined here: Google Doc - Lightning Exchanges
Note that by virtue of the usual benefits of cost-less, instantaneous transactions, lightning will make arbitrage between exchanges much more efficient and thus lead to consistent pricing across exchange that adopt it. -- Source
How do lightning nodes find other lightning nodes?
Stack Exchange Answer
Does every user need to store the state of the complete Lightning Network?
According to Rusty's calculations we should be able to store 1 million nodes in about 100 MB, so that should work even for mobile phones. Beyond that we have some proposals ready to lighten the load on endpoints, but we'll cross that bridge when we get there. -- Source
Would I need to download the complete state every time I open the App and make a payment?
No you'd remember the information from the last time you started the app and only sync the differences. This is not yet implemented, but it shouldn't be too hard to get a preliminary protocol working if that turns out to be a problem. -- Source
What needs to happen for the Lightning Network to be deployed and what can I do as a user to help?
Lightning is based on participants in the network running lightning node software that enables them to interact with other nodes. This does not require being a full bitcoin node, but you will have to run "lnd", "eclair", or one of the other node softwares listed above.
All lightning wallets have node software integrated into them, because that is necessary to create payment channels and conduct payments on the network, but you can also intentionally run lnd or similar for public benefit - e.g. you can hold open payment channels or channels with higher volume, than you need for your own transactions. You would be compensated in modest fees by those who transact across your node with multi-hop payments. -- Source
Is there anyway for someone who isn't a developer to meaningfully contribute?
Sure, you can help write up educational material. You can learn and read more about the tech at http://dev.lightning.community/resources. You can test the various desktop and mobile apps out there (Lightning Desktop, Zap, Eclair apps). -- Source
Do I need to be a miner to be a Lightning Network node?
No -- Source
Do I need to run a full Bitcoin node to run a lightning node?
lit doesn't depend on having your own full node -- it automatically connects to full nodes on the network. -- Source
LND uses a light client mode, so it doesn't require a full node. The name of the light client it uses is called neutrino
How does the lightning network stop "Cheating" (Someone broadcasting an old transaction)?
Upon opening a channel, the two endpoints first agree on a reserve value, below which the channel balance may not drop. This is to make sure that both endpoints always have some skin in the game as rustyreddit puts it :-)
For a cheat to become worth it, the opponent has to be absolutely sure that you cannot retaliate against him during the timeout. So he has to make sure you never ever get network connectivity during that time. Having someone else also watching for channel closures and notifying you, or releasing a canned retaliation, makes this even harder for the attacker. This is because if he misjudged you being truly offline you can retaliate by grabbing all of its funds. Spotty connections, DDoS, and similar will not provide the attacker the necessary guarantees to make cheating worthwhile. Any form of uncertainty about your online status acts as a deterrent to the other endpoint. -- Source
How many times would someone need to open and close their lightning channels?
You typically want to have more than one channel open at any given time for redundancy's sake. And we imagine open and close will probably be automated for the most part. In fact we already have a feature in LND called autopilot that can automatically open channels for a user.
Frequency will depend whether the funds are needed on-chain or more useful on LN. -- Source
Will the lightning network reduce BTC Liquidity due to "locking-up" funds in channels?
Stack Exchange Answer
Can the Lightning Network work on any other cryptocurrency? How?
Stack Exchange Answer
When setting up a Lightning Network Node are fees set for the entire node, or each channel when opened?
You don't really set up a "node" in the sense that anyone with more than one channel can automatically be a node and route payments. Fees on LN can be set by the node, and can change dynamically on the network. -- Source
Can Lightning routing fees be changed dynamically, without closing channels?
Yes but it has to be implemented in the Lightning software being used. -- Source
How can you make sure that there will be routes with large enough balances to handle transactions?
You won't have to do anything. With autopilot enabled, it'll automatically open and close channels based on the availability of the network. -- Source
How does the Lightning Network stop flooding nodes (DDoS) with micro transactions? Is this even an issue?
Stack Exchange Answer

Unanswered Questions

How do on-chain fees work when opening and closing channels? Who pays the fee?
How does the Lightning Network work for mobile users?
What are the best practices for securing a lightning node?
What is a lightning "hub"?
How does lightning handle cross chain (Atomic) swaps?

Special Thanks and Notes

  • Many links found from awesome-lightning-network github
  • Everyone who submitted a question or concern!
  • I'm continuing to format for an easier Mobile experience!
submitted by codedaway to Bitcoin [link] [comments]

Weekly Update: Parachute Big Chili Race, Birdchain roadmap, Dash on ETHOS, Fantom on Binance Dex... – 24 May - 30 May'19

Weekly Update: Parachute Big Chili Race, Birdchain roadmap, Dash on ETHOS, Fantom on Binance Dex... – 24 May - 30 May'19
Hi everyone! Happy 4th of July to all. We are super behind on the weekly updates. So, starting today, I will be putting up updates every day for the next 5 days to get completely caught up with the latest at Parachute + partners. Are you ready? Here we go. Your week at Parachute (24 May – 30 May’19):

Parachute’s Tip Room now has a gaming channel. Jason’s plant betting competition is still not off to a start since leaves haven’t sprouted yet. Congrats to OG Parachuter Toadie for completing his degree at uni this week! Victor’s trivia in ParJar was based on ancient Greece. 50k PAR were given out. Chris started an NBA Finals betting game. A ton of PAR to be won. Nilzinho’s Big Chili Race just started as well! 8 participants are betting on 8 chili plants to get to 50 cm first. All or nothing. 400k PAR pot. Jeezums!
The contenders
Thank you Veronique for the leaderboard!
Parachute + Uptrennd brainstorm session for this week was about Big Co. entering crypto. Uptrennd’s twitter and Instagram handles have been updated. The roadmap was published this week too. Plus the first 1UP listing announcement. Here’s looking ahead to more! Birdchain’s roadmap was released this week as well. Check it out! This was followed by an AMA with the management of Birdchain. Their article on how to earn crypto is also pretty nifty for folks new to crypto. Meme Factory assets were added to the OpenSea Crypto marketplace. Woot! The District Weekly and Dev Update cover more news from the District0xverse like perfecting the infinite scroll, debugging DANK faucet etc.
Birdchain roadmap for 2019
Check out HYDRO’s tweet thread where they explain how their blockchain based identity solution (Snowflake) helps make Financial Services more robust. The various HYDRO whitepapers can be found on their GitHub. And here’s the team that’s making all of this possible. The Opacity closed beta was opened up for everyone for this week as the team prepares for the launch of 1.0 next week. Youtubers Bitcoin for Beginners, Crypto Revolution and CryptosRUs reviewed Opacity this week as well. The project announced a partnership with QLC Chain to work on storage solutions in communication systems. New to Opacity? Check out this quick intro. Cryzen Code Studio users, make sure to check out the latest article from Shuvro on why MACD based trades rule! There’s also a strategy attached to the article. We created a Cryzen blog on publish0x and Uptrennd as well.
That is a 107.45% return on a backtest. Say what!
Dash is now live in the Ethos Universal Wallet. Sweet! Last week’s AMA transcript can be seen here. Don’t forget to have a look at the ETHOS blockchain education course. It is a great startingpoint for crypto entrants. Fantom’s proposal to list FTM on Binance Dex was accepted. COTI announced a partnership with Fantom for research on DAG. That Martini Guy’s FTM feature video also came out this week. Also, don't forget to check out this article on the team’s recent networking outreach in Dubai. Plus, a new article series called Fantom Archive was started which focuses on the project’s "philosophy and technical architecture". The first set of articles are based on architecture, on-chain data storage, virtual machine and distributed computing. P.S. all the literature is highly technical but detailed. The weekly aXpire burn event saw another 10k AXPR turning to dust. Rohit and my article on blockchain regulations hit the stands this week as well. We wrote it as freelancers on MatchBX. Shoutout to Victor who has conducted several trivias in aXpire (in addition to more in ParJar) to keep the community engaged. We had one this week as well.
Fantom in Dubai
BOMB’s Zachary Dash wrote a hugely popular article on the BOMB journey so far. Thanks a ton for the ParJar shoutout Zachary! The article was even featured on Medium. The Bombassadors program started this week. Dash also sat down for an AMA + Interview with PAC Coin and BOMB got featured by YouTuber Crypto Tips in one of her videos. Check out WednesdayCoin’s weekly airdrop post to learn about the latest updates at WednesdayClub. Complete information on the WED token should now reflect inside imToken after Mike’s resubmission. Horizon State's token, HST, got listed on Blockbid. We had the final Financial Friday competition this week at 2gether. Sad. I know. Hopefully there will be other fun events again. 2gether crypto debit card was featured in CCN albeit with some factual errors as pointed out by Cyril. CEO Ramon’s article on the startup scene in France was also published this week. His thoughts on Satoshi’s identity were also shared in a Forbes article. Also, check out 2gether’s tweet on the latest updates in the app. That’s right, QTUM is now supported on the platform.

That’s it for this week at Parachute. Thank you for taking the time. See you tomorrow with another update. Peace!
submitted by abhijoysarkar to ParachuteToken [link] [comments]

FAQ & Daily General Discussion - January 3th, 2018

FAQ below, daily discussion in the comments! /RaiTrade for all price and trading related posts
Welcome!
As only 2 stickied threads are possible, we have decided to combine the "Are you new here" and the daily discussion thread. XRB is attracting more and more people, both veterans and newbies in the cryptoworld. As XRB is quite a bit different than other coins/blockchains, it's normal that a lot of users have (the same) questions. So please, before making a new thread, read this post first and use the search bar! Threads that are created which contain a question to which an answer is available here, will be locked and directed to this post.
 
Guidelines for posting in this thread:
 
Questions, debates, meta issues, etc are all welcome. Breaking news should be posted separately from this thread. Rules:
 
Be respectful to one another. Follow the golden rule. No trolling or shilling.
 
Guidelines for posting new threads:
 
Is your thread something that does not fit in the daily thread or in another 'general' thread? Do you have a question, and it's not in the list below? Do you have exiting news to post? Did you use the search bar first? Good, go ahead :-)
 
The Whitepaper: In logical order, we start with the whitepaper. It contains the complete details about RaiBlocks, including some more technical details. Even if you're not technical, take a quick look at it. It will explain a lot! https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf
 
The FAQs: Now the technical FAQs, a document explaining how it works, how it compares to other coins, ... https://raiblocks.net/media/RaiBlocks_FAQ.pdf
 
Let's keep a decent overview of other, more practical questions :-)
 
Guide to set up your wallet https://www.reddit.com/RaiBlocks/comments/7bw77e/how_to_setup_your_desktop_wallet/
 
How do I buy or store XRB? Check out these guides: https://www.reddit.com/RaiBlocks/comments/7i0co0/the_definitive_guide_to_buying_and_storing/ https://www.reddit.com/RaiBlocks/comments/7iv89b/how_to_buy_xrb_without_waiting_for_a_transaction/
 
My desktop wallet isn't syncing! Do the numbers between the brackets still move? Good. The numbers before the parentheses are the number of blocks the wallet has verified, the numbers between parentheses is the amount of downloaded-but-not-yet-verified blocks. Is the wallet unlocked? Good, it needs to be unlocked to be able to sync. Still nothing? Go to 'accounts' - 'use account'. Still nothing? Close the wallet, reopen it.
 
What is a representative? Ah, so you haven't read the whitepaper haven't you... When conflicting blocks arise, a vote will have to be cast on which block to accept. Since you won't be online 24/7, you can outsource your voting power to a representative, who are online 24/7. They cannot access your funds, and you can change it anytime.
 
What is the incentive to run a node? Apart from helping the network and making it more secure, this user gives a detailed answer: https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/
 
My transaction isn't visible in my wallet or it says 'not pocketed' on the block explorer! Is your wallet fully synced? Yes? Good, it needs to be completely synced before it will show your balances. Nothing? Go to "https://raiblocks.net/account/index.php?acc=ADDRESS HERE". Do you see the transaction there (as 'not pocketed')? Good, that means that it's just a matter of showing it in your wallet, the coins are linked to your address already. In your wallet, go to 'Accounts' - 'Use account', 'Back', 'Advanced' - 'Search for receivables'. Did it work? Good. If not, go to 'Advanced' - 'Account explorer', hit refresh. Still nothing? Close/kill the wallet and reopen it. Still nothing? Go to 'Advanced' and change the unit from Mxrb to xrb and back to Mxrb. Stillll nothing? Fine, make a thread!
 
The syncing is sooo slow!! On HDD, it can take a couple days for it to sync. Why? Every block is only 400bytes in size, they all need to be written on your HDD. SSD takes about 12h. Check the bottom of this post for a shortcut if you use HDD (or SSD and have no patience :-) ).
 
My withdrawal from BitGrail/Mercatox isn't working!! BitGrail and Mercatox are having quite some issues, both due to a bug in their RaiBlocks node, and because of being overwelmed. They have to do each withdrawal manually. Log a ticket and have patience! Mercatox support: https://mercatox.com/support BitGrail support: to be added when they're back
 
We need a new exchange & website & ...!! Indeed, large exchange would be super!. But before that, we need a new website, mobile wallets, ... Those are in the make. Don't ask about the new exchanges, no one knows!
 
What is the incentive to run a node? There is no monetary reward, but tread this post/comment! https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/
 
We're limited to 7k TPS, how's that scalable!? The current limitation of 7K TPS is a hardware limitation of writing data to the disk, not a protocol limitation. As hardware improves, so will the TPS limit.
 
Does the receiver account have to be online when I create my send transaction? No, whenever the send transaction goes out, the funds are "not pocketed" by the receiver. The funds are as good as the receivers and cannot be revoked by the sender. "Not pocketed" funds do NOT expire.
 
What are "not pocketed" funds? A transaction consists of a "send" and a "receive" transaction. During the period where a "send" doesn't have its partnering "receive" transaction, the accounts are considered "not pocketed" by the recipient. "Not pocketed" funds are securely the receiver's funds. Once the receiver's wallet comes online, is fully synced, and unlocked, the funds will automatically be signed into their account chain.
 
What are the requirements to run a node? Currently the only real recommendation is to have a fast storage medium, such as an SSD instead of HDD. This is because currently the full node software does a lot of disk I/O for rapidly processing transactions. This may change with future full node versions that better utilize available system RAM and relax disk I/O.
 
What do the numbers at the top of the desktop wallet mean? The numbers will look like: processed (unprocessed downloaded) Where "processed" is the number of downloaded blocks that your node has processed, and "unprocessed downloaded" are blocks that your software has downloaded but not processed yet. To be fully synced, all blocks must be processed. As new transactions are created on the network, they will be downloaded into the "unprocessed" category to be subsequently processed.
 
How can I run a full node? The desktop wallet is already a full node! Just by running it you are helping
 
Can I send funds to my wallet before it is synced? Yes. Funds can be sent to any "xrb_" address, even if they were created in an offline environment. RaiBlocks is exactly the same as ethereum or bitcoin in this sense. The funds will show up when the wallet is fully synced with the network. Make sure to back up your seed!
 
How do I backup my wallet? Just write down your seed and keep it in a safe place. All accounts generated from that seed will be generated again (in order) when you restore that seed.
 
Can I reuse an address? Yes, unlike IOTA you can reuse addresses like in Bitcoin and Ethereum. Please understand the reasoning for this; IOTA does this because it is a drawback to the quantum-proof digital signature algorithm they use. RaiBlocks' current digital signature algorithm is not quantum proof, but the devs have expressed interest in changing to a quantum-proof algortihm as the field matures and quantum computers become a more significant threat to the network.
 
What's up with the units? Currently the ticker XRB on exchanges represents 1 Mxrb (or million xrb). As the name suggests, 1Mxrb = 1000000 xrb. The smallest unit of RaiBlocks is the raw. There are 1024 raw in an xrb, or 1030 raw in an Mxrb/XRB. Whenever people are talking, they are generally talking in XRB or equivalently Mxrb
 
What is the max supply? The max supply is 133,248,290 XRB. For units see the question above. Why this number? Well RaiBlock's value is kept in a uint128 variable (unsigned 128-bit integer). An uint128 has max value (2128)-1, which is approximately 340,282,366,920,938,000,000,000,000,000,000,000,000. This was the original number of "raw" in RaiBlocks. RaiBlocks was distributed via a Captcha faucet distribution system; of which 133,248,290 XRB were distributed. Due to some non-technical issues, the faucet distribution was cut short and the remaining quantity was burned. This leaves just 133,248,290 XRB (approximately 133,248,290,000,000,000,000,000,000,000,000,000,000 raw) circulating.
 
Can someone access my funds even if I use a password (desktop wallet) Yes. The password feature of the desktop wallet just encrypts the seed locally on your computer. If anyone gets access to your plaintext (unencrypted seed, the thing we tell you to backup) they have access to your funds. The benefit of the password is that if someone has access to your computer, they don't immediately have access to your raiblocks.
 
Whats a seed? What's a private key? Whats a public key? Any time you set up a Raiblocks address (such as creating a new wallet) , you will be provided with a "Seed" which is 64 characters of text that is unique to your wallet. Do not store your seed online (e.g do not screenshot, email or save it in a file) because anyone with the seed can access all accounts on it and take all of your Rai! The reason why it is provided is so that if for any reason you need to recover your account(s) you can do so without the original wallet you created the account on, so keep it safe!
 
Tips & Tricks * Transferring BTC between exchanges can be expensive and relatively fast (think hour(s)), or cheap and slow (think a few days). LTC or ETH transfers are faster, but make sure to check the discrepancy in BTC-LTC or BTC-ETH prices on markets with low volume! * 1 XRB as bought on an exchange is 1 million xrb, aka Rai. 1 Rai = 1024th raw, the smallest units on the RaiBlocks network. * 'Not pocketed' can stay like that indefinitely. If you want to spend the coins, you'll have to sync your wallet and create a 'RECEIVE' block though (this is done by Advanced - Check for receivables in the desktop wallet).
 
Want to try out the instant transactions without any fees? Check out This link
 
Daily update of data.ldb for 1st sync Want to skip the long sync time? Save your seed, check Readme.txt if you are going to use this method to speed up 1st wallet sync! Confirm the checksums/links in the #support channel at https://chat.raiblocks.net/. It's usually posted by SergSW. This link or this slightly newer one will guide you through it, but use the links below for the most recent files.
 
Find the latest updated DB files in the wiki page: https://www.reddit.com/RaiBlocks/wiki/index
Make sure to read the readme.txt!!
submitted by Crypto_Jasper to RaiBlocks [link] [comments]

FAQ & Daily General Discussion - January 1th, 2018

FAQ below, daily discussion in the comments! /RaiTrade for all price and trading related posts
Welcome!
As only 2 stickied threads are possible, we have decided to combine the "Are you new here" and the daily discussion thread. XRB is attracting more and more people, both veterans and newbies in the cryptoworld. As XRB is quite a bit different than other coins/blockchains, it's normal that a lot of users have (the same) questions. So please, before making a new thread, read this post first and use the search bar! Threads that are created which contain a question to which an answer is available here, will be locked and directed to this post.
 
Guidelines for posting in this thread:
 
Questions, debates, meta issues, etc are all welcome. Breaking news should be posted separately from this thread. Rules:
 
Be respectful to one another. Follow the golden rule. No trolling or shilling.
 
Guidelines for posting new threads:
 
Is your thread something that does not fit in the daily thread or in another 'general' thread? Do you have a question, and it's not in the list below? Do you have exiting news to post? Did you use the search bar first? Good, go ahead :-)
 
The Whitepaper: In logical order, we start with the whitepaper. It contains the complete details about RaiBlocks, including some more technical details. Even if you're not technical, take a quick look at it. It will explain a lot! https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf
 
The FAQs: Now the technical FAQs, a document explaining how it works, how it compares to other coins, ... https://raiblocks.net/media/RaiBlocks_FAQ.pdf
 
Let's keep a decent overview of other, more practical questions :-)
 
Guide to set up your wallet https://www.reddit.com/RaiBlocks/comments/7bw77e/how_to_setup_your_desktop_wallet/
 
How do I buy or store XRB? Check out these guides: https://www.reddit.com/RaiBlocks/comments/7i0co0/the_definitive_guide_to_buying_and_storing/ https://www.reddit.com/RaiBlocks/comments/7iv89b/how_to_buy_xrb_without_waiting_for_a_transaction/
 
My desktop wallet isn't syncing! Do the numbers between the brackets still move? Good. The numbers before the parentheses are the number of blocks the wallet has verified, the numbers between parentheses is the amount of downloaded-but-not-yet-verified blocks. Is the wallet unlocked? Good, it needs to be unlocked to be able to sync. Still nothing? Go to 'accounts' - 'use account'. Still nothing? Close the wallet, reopen it.
 
What is a representative? Ah, so you haven't read the whitepaper haven't you... When conflicting blocks arise, a vote will have to be cast on which block to accept. Since you won't be online 24/7, you can outsource your voting power to a representative, who are online 24/7. They cannot access your funds, and you can change it anytime.
 
What is the incentive to run a node? Apart from helping the network and making it more secure, this user gives a detailed answer: https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/
 
My transaction isn't visible in my wallet or it says 'not pocketed' on the block explorer! Is your wallet fully synced? Yes? Good, it needs to be completely synced before it will show your balances. Nothing? Go to "https://raiblocks.net/account/index.php?acc=ADDRESS HERE". Do you see the transaction there (as 'not pocketed')? Good, that means that it's just a matter of showing it in your wallet, the coins are linked to your address already. In your wallet, go to 'Accounts' - 'Use account', 'Back', 'Advanced' - 'Search for receivables'. Did it work? Good. If not, go to 'Advanced' - 'Account explorer', hit refresh. Still nothing? Close/kill the wallet and reopen it. Still nothing? Go to 'Advanced' and change the unit from Mxrb to xrb and back to Mxrb. Stillll nothing? Fine, make a thread!
 
The syncing is sooo slow!! On HDD, it can take a couple days for it to sync. Why? Every block is only 400bytes in size, they all need to be written on your HDD. SSD takes about 12h. Check the bottom of this post for a shortcut if you use HDD (or SSD and have no patience :-) ).
 
My withdrawal from BitGrail/Mercatox isn't working!! BitGrail and Mercatox are having quite some issues, both due to a bug in their RaiBlocks node, and because of being overwelmed. They have to do each withdrawal manually. Log a ticket and have patience! Mercatox support: https://mercatox.com/support BitGrail support: to be added when they're back
 
We need a new exchange & website & ...!! Indeed, large exchange would be super!. But before that, we need a new website, mobile wallets, ... Those are in the make. Don't ask about the new exchanges, no one knows!
 
What is the incentive to run a node? There is no monetary reward, but tread this post/comment! https://www.reddit.com/CryptoCurrency/comments/7j4xgt/i_just_sent_1000xrb_from_one_wallet_to_anothedr4l587/
 
We're limited to 7k TPS, how's that scalable!? The current limitation of 7K TPS is a hardware limitation of writing data to the disk, not a protocol limitation. As hardware improves, so will the TPS limit.
 
Does the receiver account have to be online when I create my send transaction? No, whenever the send transaction goes out, the funds are "not pocketed" by the receiver. The funds are as good as the receivers and cannot be revoked by the sender. "Not pocketed" funds do NOT expire.
 
What are "not pocketed" funds? A transaction consists of a "send" and a "receive" transaction. During the period where a "send" doesn't have its partnering "receive" transaction, the accounts are considered "not pocketed" by the recipient. "Not pocketed" funds are securely the receiver's funds. Once the receiver's wallet comes online, is fully synced, and unlocked, the funds will automatically be signed into their account chain.
 
What are the requirements to run a node? Currently the only real recommendation is to have a fast storage medium, such as an SSD instead of HDD. This is because currently the full node software does a lot of disk I/O for rapidly processing transactions. This may change with future full node versions that better utilize available system RAM and relax disk I/O.
 
What do the numbers at the top of the desktop wallet mean? The numbers will look like: processed (unprocessed downloaded) Where "processed" is the number of downloaded blocks that your node has processed, and "unprocessed downloaded" are blocks that your software has downloaded but not processed yet. To be fully synced, all blocks must be processed. As new transactions are created on the network, they will be downloaded into the "unprocessed" category to be subsequently processed.
 
How can I run a full node? The desktop wallet is already a full node! Just by running it you are helping
 
Can I send funds to my wallet before it is synced? Yes. Funds can be sent to any "xrb_" address, even if they were created in an offline environment. RaiBlocks is exactly the same as ethereum or bitcoin in this sense. The funds will show up when the wallet is fully synced with the network. Make sure to back up your seed!
 
How do I backup my wallet? Just write down your seed and keep it in a safe place. All accounts generated from that seed will be generated again (in order) when you restore that seed.
 
Can I reuse an address? Yes, unlike IOTA you can reuse addresses like in Bitcoin and Ethereum. Please understand the reasoning for this; IOTA does this because it is a drawback to the quantum-proof digital signature algorithm they use. RaiBlocks' current digital signature algorithm is not quantum proof, but the devs have expressed interest in changing to a quantum-proof algortihm as the field matures and quantum computers become a more significant threat to the network.
 
What's up with the units? Currently the ticker XRB on exchanges represents 1 Mxrb (or million xrb). As the name suggests, 1Mxrb = 1000000 xrb. The smallest unit of RaiBlocks is the raw. There are 1024 raw in an xrb, or 1030 raw in an Mxrb/XRB. Whenever people are talking, they are generally talking in XRB or equivalently Mxrb
 
What is the max supply? The max supply is 133,248,290 XRB. For units see the question above. Why this number? Well RaiBlock's value is kept in a uint128 variable (unsigned 128-bit integer). An uint128 has max value (2128)-1, which is approximately 340,282,366,920,938,000,000,000,000,000,000,000,000. This was the original number of "raw" in RaiBlocks. RaiBlocks was distributed via a Captcha faucet distribution system; of which 133,248,290 XRB were distributed. Due to some non-technical issues, the faucet distribution was cut short and the remaining quantity was burned. This leaves just 133,248,290 XRB (approximately 133,248,290,000,000,000,000,000,000,000,000,000,000 raw) circulating.
 
Can someone access my funds even if I use a password (desktop wallet) Yes. The password feature of the desktop wallet just encrypts the seed locally on your computer. If anyone gets access to your plaintext (unencrypted seed, the thing we tell you to backup) they have access to your funds. The benefit of the password is that if someone has access to your computer, they don't immediately have access to your raiblocks.
 
Whats a seed? What's a private key? Whats a public key? Any time you set up a Raiblocks address (such as creating a new wallet) , you will be provided with a "Seed" which is 64 characters of text that is unique to your wallet. Do not store your seed online (e.g do not screenshot, email or save it in a file) because anyone with the seed can access all accounts on it and take all of your Rai! The reason why it is provided is so that if for any reason you need to recover your account(s) you can do so without the original wallet you created the account on, so keep it safe!
 
Tips & Tricks * Transferring BTC between exchanges can be expensive and relatively fast (think hour(s)), or cheap and slow (think a few days). LTC or ETH transfers are faster, but make sure to check the discrepancy in BTC-LTC or BTC-ETH prices on markets with low volume! * 1 XRB as bought on an exchange is 1 million xrb, aka Rai. 1 Rai = 1024th raw, the smallest units on the RaiBlocks network. * 'Not pocketed' can stay like that indefinitely. If you want to spend the coins, you'll have to sync your wallet and create a 'RECEIVE' block though (this is done by Advanced - Check for receivables in the desktop wallet).
 
Want to try out the instant transactions without any fees? Check out This link
 
Daily update of data.ldb for 1st sync Want to skip the long sync time? Save your seed, check Readme.txt if you are going to use this method to speed up 1st wallet sync! Confirm the checksums/links in the #support channel at https://chat.raiblocks.net/. It's usually posted by SergSW. This link or this slightly newer one will guide you through it, but use the links below for the most recent files.
 
Find the latest updated DB files in the wiki page: https://www.reddit.com/RaiBlocks/wiki/index
Make sure to read the readme.txt!!
submitted by Crypto_Jasper to RaiBlocks [link] [comments]

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