What is bitcoin mining? – Orionkey-Crypto

How to trade Bitcoin Future

How to trade Bitcoin Future


https://preview.redd.it/zel9pxcl8df51.jpg?width=1200&format=pjpg&auto=webp&s=21c74d0ccc5556ea744088a283c44819fba59aef



Bitcoin is troublesome to use.
But bitcoin’s isue may build it additional valuable.
So, what’ reality regarding bitcoin’s future?
Bitcoin mining may be a senseless waste of energy.
As bitcoin hits mainstream media, the subject of bitcoin mining
bubble regarding to pop.For ten years, the media has enjoyed painting bitcoin as a bubble concerning to pop. They’ve gleefully pronounced the bubble popped and bitcoin dead … over 350 times. However the reality regarding bitcoin is that it keeps coming back back. Why?

Charlie Munger called bitcoin “worthless artificial gold.” Others in the media have likened bitcoin to a bubble, a “tulip mania,” and different strong statements
Each time bitcoin improves itself (like with Segwit
Segregated Witnesses. A protocol implemented by Bitcoin to extend transaction speed. SegWit allows a lot of transactions to be written into a single block on a blockchain.

or the Lightning Network), or will increase in value, the media is keen and ready to jump on it, decrying and denouncing it.
Therefore what’s the reality behind bitcoin’s price -- is it extremely a bubble?
The reality regarding bitcoin is straightforward; it's experiencing the same rise and fall cycles as each new technology and asset catego
The web also experienced a bubble. Shares of dotcom firms rose by a thousandpercent on a daily basis. Then it all tumbled down. However we have a tendency to’re still using the web, aren’t we have a tendency to? More than ever, in fact.

Stocks conjointly experienced big boom and bust cycles, especially in their early days.

We might feel like stocks have been around forever -- and to us they need. However stocks conjointly had a starting, and a rough one too. Once upon a time in 1531, when the first stocks were invented, they saw extraordinary volatility, scams, and no regulation. In fact, before stock exchanges, they were sold at occasional shops -- just like cryptocurrencies were sold on la peer to peer

marketplace, before exchanges came online.
Even property, viewed by the majority as “the safest investment” experienced a dramatic cycle. Business Insider reported that “Between 2006 and 2014, nearly ten million homeowners in America saw the foreclosure sale of their own homes.” And tens of thousands became homeless as a result of of it. Nevertheless --- we have a tendency to’re still living in homes, aren’t we?

The future of bitcoin would possibly be the identical as that of stocks, bonds, assets, and the web. It rises and falls like all the others, and it is currently terribly volatile -- but that’s as a result of it’s young.

Stocks have been around for 400 years. Dotcom corporations for forty years. Bitcoin is solely 10 years previous -- and cryptocurrencies, normally, are even younger. But slowly, they will become a part of our daily lives.

Rich investors are manipulating costs!
Look at this headline from the Independent: “Bitcoin price Crash: 'Manipulative Whales

Whale
A very wealthy individual capable of creating massive trades.
View full glossary
' cause Cryptocurrency Market Meltdown!”
It’s sensationalism, pure and straightforward. The article goes on to rant against these therefore-known as “whales” -- individuals who own voluminous dollars of BTC -- as evil-doers who’s solely thought is profit.

This type of sensationalism is meant to harm Bitcoin’s future; to scare people faraway from doing research and thinking for themselves.

Nonetheless, this statement is somewhat true. Up to eighty five% of Bitcoin’s supply is solely owned by onepercent of wallet addresses.




But there’s an important point to be made about these numbers. Most of the prime percentage of wallets is not owned by whales -- but by exchanges

Exchange
On-line platforms on which people can buy and sell cryptocurrencies.
View full glossary
.
However their result is getting smaller and smaller.
A company referred to as Chainalysis -- that makes a speciality of analyzing the Bitcoin blockchain

-- found that “the actual threat that all whales pose to the cryptocurrency economy is relatively low. If they sold off their entire holdings, it'd be effectively a $3.9 billion sale at current costs. That’s not even tenpercent of this total market capitalization of Bitcoin.”
This is as a result of, as I hinted above, several of those wallets holding such vast sums are the ‘cold wallets

’ (wallets held offline) belonging to major exchanges like Coinbase, Kraken, Binance, and more. These wallets cannot be used to manipulate the price, diminishing the potential impact of enormous ‘whales’ selling their positions.
Bitcoin is simply too slow for use as a currency.
The reality regarding Bitcoin is that yes, it's slower than VISA, Mastercard, and alternative centralized electronic payment systems.

Paying together with your credit cards takes seconds and the network can handle payments around the globe twenty fouseven. But, though Bitcoin can additionally be used around the world, confirmation

of payment takes an average of 10 minutes; during the bitcoin craze recently 2017, confirmation times might take hours.
Moreover, VISA on average processes around 2,00zero transactions per second (tps). This means the amount of payments individuals make per second on the network. VISA includes a maximum of twenty four,00zero TPS. Bitcoin, by distinction, has a maximum of ten TPS. This argument has been place forward by several critics over the years and picked up by the media as the doom of bitcoin’s future.

However Bitcoin could be a technology that evolves.
Now let’s assume regarding Bitcoin’s past for a moment. The coin and its underlying technology -- the blockchain -- are only ten years previous. When the web was ten years old -- the year was 1989. Do you keep in mind the net in 1989? I sure do.



payments in exchange for not revealing sensitive info. So, in bound ways that, BTC and cryptocurrencies offer hackers a lot of options.
However money continues to be king for every criminality.
Though it’s true that hackers and phishers do typically ask for payment in BTC

There’s an aphorism: “money talks.” It means that that if you would like to get something done -- the best argument you can build is to place down a stack of money. When Bitcoin rose to fame, the primary headlines focused around Bitcoin being the prime choice for criminality.

But Lilita Infante, Special Agent for the DEA (Drug Enforcement Administration) has some contradictory info regarding this. She was one among a ten-person Cyber Investigative Task Force team whose primary aim was the dark web and crypto-related investigations. This cluster is no little force. They collaborate with the Department of Justice, FBI, and also the Bureau of Alcohol, Tobacco, Firearms and Explosives. And she went on the record to talk regarding what share of bitcoin transactions are literally being employed for illegal things; she said that “illegal activity has shrunk to about 10 p.c.”

Only tenp.c of all the transactions on the Bitcoin network could be used for illegal things. Which number is falling.

The fall in Bitcoin’s use among criminals is due to several factors. The most prominent factor is that Bitcoin is no longer anonymous. Sciencemag wrote a full report on how governments are developing and using techniques to explore the Bitcoin blockchain and notice criminals by tracing their bitcoin payments.

Paying with bitcoin isn’t simple.
I’ve heard this argument flow into widely throughout the years. I still hear it from my grandpa each vacation dinner. He didn’t see a Bitcoin checkout option at the grocery when he bought the turkey -- therefore it’ll never be used.



Perhaps Bitcoin is on its means to being such a store of worth. For 10 years now bitcoin has been ready to be saved and retrieved and exchanged -- and it’s worth has only gone up (bumpy but up).

Need to get more cryptocurrencies? Check out our top 5 cryptocurrencies to shop for, whether you’re a beginner or an experienced investor!

Bitcoin is difficult to use.
Bitcoin, like all new technologies, isn't the most user-friendly.

You would like to line up a wallet, bear in mind a seed phrase, and several additional steps. Sending and receiving BTC

payments additionally involves steps of copy/pasting long strings of random letters and numbers. It’s powerful, I hear ya.


I additionally keep in mind all the steps I needed to require to send emails back when those were new. Insert a CD from AOL into my computer. Install AOL. Unplug my phone line. Plug in my Modem. Wait for it to make all those noises and finally connect. Then set up my AOL email and password. It was quite the method.

My grandfather never thought emails would come out and even my mother said folks would perpetually like handwriting letters (and using a physical dictionary for spell check!) and sending through the post.


Think about it the approach we tend to assume about gold. Not everyone has gold. It’s also a bit difficult to own.

If you wish to own gold for its ‘store of price’ properties, you wish to seek out a specialized look to buy investment gold. You need to store it somewhere, sort of a personal safe or a bank vault, and bear in mind the password. This is somewhat troublesome.

https://preview.redd.it/k0x3jqsm8df51.jpg?width=770&format=pjpg&auto=webp&s=ff7c2f29881c28fb22c9828c497cc1981eea2919
Perhaps Bitcoin’s problem will facilitate it retain its value, just like gold
You Might Conjointly Like: The 5 est Bitcoin Sports Betting Sites
https://www.cryptoerapro.com/bitcoin-future/
submitted by cryptoerapro to u/cryptoerapro [link] [comments]

TOP 3 Anonymous Cryptocurrencies

TOP 3 Anonymous Cryptocurrencies
Last year Bitfury’s multidisciplinary Blockchain specialists announced the possibility of revealing the identities of more than 16% of all owners of Bitcoin addresses. Several years ago, a team of CryptoLux developers, having conducted a study of transaction privacy on the Bitcoin network, concluded that 60% of all addresses can be deanonymized. Summarizing all this, it’s worth highlighting three existing methods that can successfully deanonymize private transactions.

Clustering

The easiest way to cluster (link Bitcoin addresses) is by analyzing transactional networks. In other words, this is a method that allows finding several inputs combined in one transaction. The second clustering method is “distribution analysis”. It allows calculation the percentage of cryptocurrency at the certain address that comes from another specific address and it becomes clear whether these addresses are connected by one direct transaction or a chain of transactions or not.

Graph analysis

It consists of quantitative and temporal analyzes. Quantitative analysis studies not certain transactions, but amounts. Time analysis tracks specific periods.

Memory Pool Method

When a transaction is made through the user’s wallet, the input nodes send information about the transaction to the Blockchain network. The purpose of this method is to identify the set of input nodes through the wallet and the user. In this case, the IP address of the client can be associated with its transactions. There are certain private cryptocurrency-leaders which are popular and trusted among users. Using one feature-privacy, they have different ways of functioning.

Basic principles of work: anonymous cryptocurrencies (Monero, Dash, Zcash)

Monero

The platform focuses on privacy and decentralization. The coin uses three levels of protection:
• Ring signatures, that hide the origin of the sender by mixing the user’s address with the addresses of other group members. • Ring confidential transactions, which hide the amount of the transaction. • Stealth addresses, that allow a user to hide the recipient’s address.
Such way guarantees the privacy of the sender and the recipient. Monero can be bought on Poloniex, Bitfinex, Livecoin, and Kraken crypto exchanges. It is possible to store Monero via an online wallet. More secure is its computer wallet. Due to its privacy, the popularity of the coin is expected to grow, so it makes sense to add a coin to an investment portfolio.
Advantages
• Increased privacy. Cryptocurrency is suitable for those who are afraid of deanonymizing network transactions. • Unlimited and difficult mining. • It takes less time to find blocks. • Resistance to the centralization of mining capacities.
Disadvantages
• Resources. All currency protection technologies require impressive machine performance for normal operation. The Monero block size is constantly growing, and this requires additional resources of network participants. • The popularity in the dark web leads to problems in working with regulatory authorities, exchanges often delist it. Speaking of reputation, Monero’s reputation is far from the best. The coin is often used on the dark web as payment for various illegal services. It happens to almost all crypto coins that provide privacy. • Large transaction sizes. Since Monero Blockchain is five times larger than the Bitcoin Blockchain in terms of one transaction. • Problems with scalability.

Dash

The Dash platform is a classic decentralized Blockchain-based payment system and the most technologically advanced cryptocurrency. It implements multi-off-chain money transfers without loss of reliability and overall security of the Blockchain. Its confidentiality is rather an additional option that can be used optionally. In the case of anonymity, it is possible to send a hidden transaction, but at a more expensive cost, which also requires additional time. Dash developed a hashing algorithm with eleven cryptographic functions-X 11 for the first time. The coin developers have released apps for other platforms. Today it is possible to use Dash for IOS, Zeal for Linux, LovelyDocs for Android and Velocity for Windows.
As well known, the CoinJoin is an anonymization method for crypto transactions, which is used by Dash as an improved version called the PrivateSend. Its mixing sessions are limited to 1,000 DASH for each session and will require multiple mixing sessions to anonymize a large amount of money.
Advantages
• High transaction speed. It is achieved via InstantX technology, which enables the confirmation of operations in less than 4 seconds. • Law transaction fees. • Energy consumption. Unlike Monero, it does not require a lot of power or high commission costs.
Disadvantages
• “Transparency” of the network. Without triggering the “mixing” mechanism, the directions of transactions and their balances are publicly visible to everyone. • Lack of proper cryptographic technologies that provide privacy, but can provide a sufficiently high level of protection. • Transaction visibility to the founders and the team.

Zcash

An open-source decentralized cryptocurrency that provides users with maximum privacy. Zcash is the first private cryptocurrency, using cryptographic protocol zk-SNARKS, a zero-knowledge security layer. It allows users to make hidden and open transactions.
Mathematically guaranteed privacy is something cryptocurrency can not be proud of. This fact makes the currency specific. All Zcash coins are identical, it means that interchangeable coins do not contain information about past use created. In this regard, the connection of coins with their history on the Blockchain is broken, which makes them universal and identical to each other. Zcash blocks are generated 4 times faster than Bitcoin. The currency trades on Huobi, Bitfinex and Binance exchanges, and after purchase, it can be stored on the exchange’s internal wallet, as well as transferred to Jaxx, Cryptonator and Coinomi multi-currency wallets. Coins can also be stored on hardware wallets like Ledger and Trezor.
Advantages
• Privacy. Since no information except the time stamp, is recorded in the Blockchain, transactions cannot be tracked, and the identity of the sender and recipient is almost impossible to establish. • Interchangeability. Due to interchangeability, all coins have a “clean” history. This means that it is practically impossible to determine which transactions coin was used. • Security. Lack of information about user keys, which protects user wallets and the network.Mining energy efficiency. Zcash mining hardware consumes less electricity than Bitcoin mining ASICs. • The difficulty of mining. Zcash is beneficial for those who want to get coins for block creation. Bitcoin mining becomes more and more complicated, so miners cannot earn enough money via their computers with high capacity.
Disadvantages
• 6 users can decide to leave the transferred data completely open. • It takes a lot of calculations to complete a transaction. • Insecurity. There are fears that the system could be hacked, or users may accidentally open the data. • Legally ZCash is supported only by Linux, however, it provides users with wallets for other platforms: Jaxx, Ledger, Trezor, Trust, Zecwallet, Ibitcome, Exodus, Guarda, Coinomi, Cobowallet, and Bitgo.
Private cryptocurrencies are necessary for anyone who values the privacy and confidentiality of financial transactions. Privacy can generate more value, than danger, as Eric Hughes says: “Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn’t want the whole world to know, but a secret matter is something one doesn’t want anybody to know. Privacy is the power to selectively reveal oneself to the world”.
submitted by Stealthex_io to StealthEX [link] [comments]

Wolfpack bot.......

About some years ago, one of my friends hailed his belief in Bitcoin and explained how he moved his whole life savings onto a hardware wallet and erudite his private alphanumeric key. He sounded like a character from a Neal Stephenson novel-gritty, daring and irreverent of the world’s established banking systems. While Bitcoin has soared since then and made him a millionaire many times over, the question now is if it will continue to rise in value or if it’s already reached its height.
A digital currency “crypto currency” that has no tangible paper or physical coin representation. Instead, encryption techniques using computers and open source software generate the currency based on mathematical proof, or blockchains. Cryptocurrencies such as Bitcoin are decentralized: There’s no place like a bank where the currency is held, and a private security key tied to an open source ledger proves who holds the value. As an electronic payment system, cryptocurrencies are instantaneous and have low transaction fees compared to traditional banking systems, which are comparatively slow and have high fees associated.
📷
What Is WolfpackBot?
WolfpackBOT is an advanced cryptocurrency trading BOT that executes trades securely by using the advanced trading algorithms, the “Werewolf” Trading Analysis configurations, and customized settings based on each user’s unique trading style.
The trading Bot will also provide users with trading access to the major cryptocurrency exchanges and the most profitable trading pairs, all from one Bot subscription. The Bot integrates with a built-in secure Hardware Wallet combined with a RFID card reader for crypto to FIAT conversions.
Additionally, WolfpackBOT is integrated with Wolvex Exchange that will use the Wolfcoin token as the base currency, Wolfpack Consulting, Wolfpack Mining, and Wolfpack Philanthropy with the aim of empowering customers, shareholders, and stakeholders to achieve sustainable wealth through cryptocurrency trading.
📷
WolfpackBOT Features, Products, And Service
Multiple Technical Analysis Indicators:
The WolfpackBOT trading system provides the world of Automated Cryptocurrency Trading Bots with Multiple Technical Analysis indicators, oscillators, configurations, and settings.
Shorting Features:
The trading system has to short features that enable users to maximize their profits by shorting their positions and buying them back at the lowest prices in the market.
Patented And Trademarked Crash Protection:
This feature enables users to automatically scan and convert all positions to USDT and then buy them back to base currency to resume trading under the signal of the Hidden Bull Divergence Indicator.
Coin Selector:
Users can select whether to trade all their cryptocurrencies or not trade at all. It will also enable them to view coins or tokens that have high trading volumes, their performance, and volatility.
Werewolf Ultimate:
This feature does not trade a particular trading pair or coin but trades all of them to provide the users with maximum profits.
WolfpackBOT Trading Settings And Reports:
The trade setting enables users to automatically trade through features like one-minute candles, market orders, and Hybrid orders. The Trading report highlights the users trading history, which can be exported to a CSV file.
Various Specialized Examination Markers: WOLFPACKBOT offers the most extensive cluster of various Specialized Examination markers, oscillators, setups and settings accessible in the realm of Computerized Digital money Exchanging Bots. WOLFPACKBOT gives Elliot Wave, Bollinger Groups, Twofold EMA, Stochastic, EMA, Stochastic RSI, EMA Cross, Fibonacci Succession, and some more. Dialect Interpreter: WOLFPACKBOT has a worked in language interpreter that in a split second makes an interpretation of the whole BOT into French, Dutch, English, Spanish or German.
📷
WOLFPACKBOT Automated Exchanging Programming: After the crowdsale, WOLFCOIN will be the restrictive strategy for an installment for WOLFPACKBOT Mechanized Exchanging Programming memberships. Wolfpack Counseling: WOLFPACKBOT offers its administrations and aptitude as Cryptocurrency money and Blockchain Professionals to people and organizations. This company offers counseling services in the fields of blockchain and cryptocurrency money improvement and management. The WolfBOX Equipment Support: WOLFPACKBOT likewise offers an industry initially, that is; delightful equipment reassure, The WolfBOX. The reassure comes preloaded with WOLFPACKBOT automated exchanging programming and furthermore incorporates an inherent secure equipment wallet. A portion of the key highlights of the WolfBOX incorporate into rapid CPU, internal RFID card reader, strong state hard drive, and coordinated Bitpay as well as Coinbase wallets.
📷 COIN ECONOMICS
Coin Name: WOLFCOIN
Coin Symbol: WOLF
Coin Standard: Proof of Work
Coin Algorithm: X11
Genesis Block: 300,000,000
Pre-mined: 30% Distributed in all stages of WOLFPACKBOT Crowdsale
📷
WHY WOLFPACKBOT?
WOFPACKBOT is an exceptional project with a difference set to globally make an impact in the cryptocurrencies trading activities in particular for the betterment of the blockchain ecosystem; that will equal right to all of its users the opportunity to earn more. Feel free to ask your questions relating to the project on the telegram group of WOFPACKBOT, see link below.
WolfpackBot Cryptocurrency Trading Bot System Benefits
All Trading Pairs On All Major Exchanges
Users of WolfpackBOT can simultaneously trade with major exchanges such as BitMEX, Binance, Bittrex, KuCoin, Poloniex, and Wolvex Exchanges using multiple trading pairs.
Werewolf Configurations And Settings
These configurations and settings are suited for both amateur and expert traders since they can be adjusted with preset configurations for bear, sideways, and bull markets and to the current trends in the market.
Bull And Bear Market
The WereWolf settings are optimized for conditions that could be used in Bull Markets, Sideways markets, and Bear markets.
WolfpackBOT Help Center
Users can access the WolfpackBOT Help Center to learn about options, features, and abilities that are contained in the WolfpackBOT Trading Software.
Multiple Languages
Wolfpack BOT is compatible with multiple languages like Dutch, English, French, German, and Spanish; therefore, users can switch up the language of the entire BOT by simply clicking on the World Language Globe icon.
WolfpackBot WOLF Token ICO Details
Parameters Of The ICO
For more enquiries on the WolfpackBot project, make use of these links;
Website = https://www.wolfpackbot.com/
Whitepaper = https://www.wolfpackbot.com/Pdf/whitepaper_en.pdf
Twitter = https://twitter.com/TheWolfpackBOT
Facebook = https://www.facebook.com/WolfpackBOT/
Telegram = https://t.me/WolfpackBOT_Discussion
Medium = https://medium.com/@WolfpackBOT
BOUNTY0X USERNAME = @cryptounique
submitted by 1loveone to u/1loveone [link] [comments]

Why should you invest in BlockMason?

Today I want to talk to you about why BlockMason Credit Protocol is a good investment. There are a few points that I want to talk about that will help showcase the value in BCPT.
In a short amount of time BlockMason will release their rebranded app called 'LNDR'. This is how it works: You send a debt to a friend, they confirm, and the amount is stored securely on the blockchain platform. BlockMason is run on the Ethereum platform, and benefits from stability, encryption, and permanent recording and tracking. This is a next step in blockchain technology, because working with debt and credits has huge potential. In the future you can also stake your BCPT that can generate transactions that run the dapps onto the Credit Protocol. These transactions can be sold in the future to companies that have dapps on top of the Credit Protocol.
The Team:
There are 3 co-founders on the blockmason team, Timothy Galebach, Jared Bowie, and Michael Chin.
Timothy Galebach; Co-Founder
Timothy is a startup founder, technical expert, and business development specialist, with a particular focus on data-driven ventures and automated infrastructure. He is currently the owner and founder of Almond Media Solutions, a technology consulting firm in the e-commerce and display advertising space. Timothy graduated from Harvard University in 2007, with a degree in Computer Science, and went on to work with a variety of startups and established companies in CTO roles. His primary focus was making large quantities of data visualizable and actionable for salespeople and internal business teams, and eliminating cost centers through aggressive optimization and automated data orchestration.
Jared Bowie; Co-Founder
Jared Bowie has been designing systems to coordinate distributed databases and peer to peer networks for more than 10 years. He was an early adopter of Bitcoin and invested in multiple altcoin mining operations. He became fascinated with the power of Ethereum when he began writing programs on its blockchain and is now convinced of its power to take over the world. Jared graduated from James Madison University with a major in philosophy. After graduation, obsessed with the convergence of big data and display advertising, he started his first digital advertising venture. Since then, Jared has written specialized software and proprietary algorithms to run successful multimillion dollar ad campaigns and manage remote teams based in Hong Kong, mainland China, and India.
Michael Chin; Co-Founder Michael graduated from Washington University in St. Louis magna cum laude with majors in Finance and Accounting. He has spent his entire career in the credit industry, beginning with J.P. Morgan principal mezzanine credit group in New York. Michael then transferred to J.P. Morgans’ Debt Capital Markets and Syndicated Leveraged Finance group in Hong Kong, helping Asian issuers with investment grade, high yield debt, and syndicated loan offerings. Then, Michael joined the Hong Kong office of Intermediate Capital Group (a FTSE 250 composite company), one of the pioneers of mezzanine debt in Europe, before helping co-found BlockMason.
They also have Anthony Di Iorio (co-founder of ethereum) as advisor of Blockmason.
Anthony Diiorio is a serial entrepreneur, VC, community organizer, and thought leader in the field of decentralized technologies. Born and raised in Toronto, Diiorio is the former Chief Digital Officer of the TMX Group and Toronto Stock Exchange, founder and CEO of Decentral, a software development company focused on blockchain technologies, and founder and CEO of Jaxx, a multi-token, blockchain interface that provides a unified experience across 9 platforms and devices. In 2013, Diiorio funded, and along with Vitalik Buterin and 3 others founded the smart contract platform Ethereum.
Anthony has been investing in cryptocurrencies and blockchain companies since 2012. In 2014, his project Ethereum raised $18 million, becoming the largest, completed crowdfunded project of its time. The market cap of Ethereum was recently valued at $30 billion. Over a 4-year span, Anthony’s blockchain and cryptocurrencies investments have yielded 2000x returns.
Since 2012, Diiorio has hosted over 100 technology event as well has spoken and keynoted events all over the world. Notable events he has organized include the first Canadian Bitcoin Expo in 2014 at the Metro Toronto Convention Centre, and DEC_TECH events at MaRS Discovery District. In 2015, Anthony became a lecturer for the University of Nicosia's Master's program in Digital Currency and advisor at MaRS Fintech Cluster. He is involved in Deloitte’s Exponentials.xyz initiative, is a member of the Bitcoin Speakers Bureau for the Bitcoin Foundation, as well as a member of the Satoshi Roundtable, an annual retreat for the top 50 thought leaders in blockchain technology.
BCPT has 45 million circulating supply, and is sitting at a market cap of 10$ million, and is currently below it's ICO price. It was recently listed on Binance, and Kucoin, and is also available on Etherdelta.
The Blockmason team are also working on patents take on major industries. This is what the BCPT team are telling us about it: First: We are currently filing key patents with our legal team that will challenge multi-billion dollar industries. We have gone to great lengths to assure that there is no prior art, that our methods and processes are sound, and that the USPTO should look favorably on our applications and designs. While no outcome is 100% guaranteed we are bullish in the extreme on what this portends for the future of Blockmason. While we are building out this new IP that supports Credit Protocol and other internal BM efforts, we believe that our team will allow us to operate more effectively.
you can check their white paper here: https://blockmason.io/cp-whitepapeIntroduction-amp-Features
telegram: https://t.me/blockmason
twitter: https://twitter.com/blockmasonio
steemit: https://steemit.com/@blockmason
submitted by Cryptofan123 to blockmason [link] [comments]

[uncensored-r/CryptoCurrency] Why you should be voting to support Elastos on the Binance Community Vote

The following post by Blazarius120 is being replicated because the post has been silently removed and some comments within it have been openly removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ CryptoCurrency/comments/7zsfgh
The original post's content was as follows:
Elastos project needs your help. Partnership with NEO and Bitmain. 17 years in development. 4 million lines of code.
For the sake of the market, vote for it on the Binance community vote, it has the potential to activate a market bull run. Check the 24 hour volume and its trading on 1 exchange.
Upvote please for transparency.
What is Elastos?
Elastos is the world’s first internet operating system that uses the internet as the base-layer infrastructure rather than an application. Elastos prohibits application programs from directly accessing the network in order to eliminate most viruses and attacks(especially DDoS attacks) on the internet. According to Elastos, network communication should be separated from application computing. Elastos is building a truly decentralized Smart Web powered by blockchain implementing P2P economic infrastructure while also providing digital asset ownership and management through smart contracts.
Brief Summary?
Bitcoin = Trustworthy Ledger
Ethereum = Trustworthy Ledger + Smart Contracts
Elastos = Trustworthy Ledger + Smart Contracts + Monetizable Dapps and Digital Assets
Development History(Tens of Millions of Open-Source Code spanning Decades)
In 2000, Rong Chen a Tsinghua alumni left Microsoft and returned to China to start his business.
In 2003, Rong Chen was received by Jin-Tao Hu, the former CPC General Secretary.
In 2013, Foxconn funded Elastos with 200 million RMB.
In 2017, Sunny Feng Han and Ji-Han Wu started running the Bitcoin Investment Elastos Blockchain Community and founded G3 with Bitmain and NEO.
In 2017, the Elastos Blockchain community received a global digital token investment worth 600 million RMB.
What is the Elastos Blockchain structure?
Elastos blockchain works as a trust zone for the entire network operating system that applies main and sidechain solutions to facilitate the smart economy and a healthy decentralized application environment. This means that every application built on Elastos can create individual sidechains that is thoroughly customizable, allowing clients to pick a different consensus method depending on the use case. The structure of main chain and side chain avoids main chain being overloaded and leads to easy routing and flexible extension, increasing the possibility for Elastos to be largely scalable.
Elastos implements merged mining with bitcoin. This strategy saves resources and avoids repeated consumption. Miner submits Proof-of-Work(PoW) to both bitcoin and elastos and enjoys profits of mining competition without extra consumption of computing power. The consensus mechanism for Elastos is AuxPoW+DPoS where the mining reward distribution is 35% for AuxPoW, 35% for DPoS, 20% for Ecosystem Application Reward and 10% for Foundation Running and Development. Tokens for apps built on Elastos can be published on sidechains. These tokens may participate in two-way asset transfer across the main chain and side chains.
What is the business model for Elastos?
Provide large blockchain applications with secure running environment
Digital content remains intact after multiple uses
Big data and digital content can identify ownership on blockchain and correspond to tokens
Tokens can be transferred and traded legally on blockchain, realizing future capital
Usage of tokens can consume/use digital content in Elastos Runtime.
Elastos can set a fixed limited amount for digital assets, thereby creating scarcity of valued products
Example of how the above works?
Content creators create 500 copies of limited edition games built on top of Elastos
Users buy these limited copies
They then play these games in Elastos Runtime on their cell phones, desktop computers, game consoles, etc.
Holders of these limited edition games then resell them to other people. Because this game is of limited edition, it fluctuates in the second-hand market. It helps users enjoy the digital content, earn the early benefits and earn some by reselling it, thereby transferring the ownership to other people.
Ethereum v Elastos?
Ethereum: Single mainchain structure leads to the upper limit of computing power and extensibility. Elastos: Proposes to adopt a flexible main chain and sidechain blockchain design structure. The main chain is only responsible for basic transactions and payments while the sidechain executes smart contracts to support various applications and services.
Ethereum: As storage and computing space, blockchain is not able to support user daily life scenarios and not able to support digital content(eg. Cryptokitties). Elastos runs applications on elastos runtime as opposed to the already congested blockchain. This method is more secure. All network data must be sent through a trustable and verifiable channel. Identification and authentication come from the blockchain ID. This way, the blockchain’s credibility can be transferred to Elastos Runtime. Elastos Runtime can have various forms: an independent OS, a virtual machine, or a software development kit(SDK) that integrates into native apps of other mainstream operating systems.
EOS v Elastos?
EOS: Is a blockchain OS, but its development period and open source codes are much shorter than Elastos’ 17 years. Elastos has released more than 4 million lines of code to github and plans to release 10+ million lines of code in total(contributing to the open source community).
EOS is dependent on its main-chain, so no matter how optimized it becomes, its throughput is limited. Elastos can extend the throughput infinitely with flexible main-chain and side-chain solution. Also, Elastos Runtime can deliver the trust function of the blockchain to a user’s application(like a cell phone, laptop, etc) which applies the blockchain to various scenarios in daily life.
EOS, through the adoption of the DPoS consensus mechanism, can realize high throughput rate. Elastos computation bandwidth is distributed according to the number of tokens held. It refers to the design philosophy of time sliced distribution in the traditional multi-task operating system and encourages the community to hold tokens. The main-chain design focuses on improving extensibility for smooth access to sidechain. The consensus mechanism on the sidechain can be anything(from DPoS to DBFT to anything else)
EOS runs everything utilizing main chain for everything. Elastos: Services on the elastos blockchain layer can be shared by multiple side chains. This greately lowers the mainchain pressure. When necessary, the sidechain can be duplicated to extend sidechain-level service capability through bifurcation mechanism, while the extension of this computing power can be infinite
Blockstack v Elastos?
Blockstack combines encrypted, distributed storage and blockchain ID to make sure all the data belongs to the owner. As for Elastos, it applies a similar method for digital assets storage where users could apply for an ID for their digital assets on the blockchain, which guarantees the ownership of those digital contents but a key differentiation with blockstack is that the ownership of these digital contents will also be transferable and tradable, thereby making these digital assets consumable and investable and of high value, thereby contributing to a smart economy of trading digital goods. Even though the digital assets are decrypted, they cannot escape elastos runtime operating environment which guarantees that it will never disclose or damage the ownership of the digital contents.
Blockstack saves encrypted data files in the cloud and hash stamps for these files are put on the blockchain as a proof mechanism but doing this is a trade-off between high credibility, low efficiency of blockchain and low credibility, high efficiency of traditional storage. Meanwhile, Elastos has its P2P network layer called Elastos Carrier that focuses on making the elastos blockchain cluster chain service integrated into the same network as the elastos runtime thereby unifying the services with DApps so both the data and the ID of digital assets can have high credibility along with high efficiency for blockchain storage.
For the tech savy?
Elastos VM: The VM runs on a host OS and has better integration with current mainstream OS such as Android and iOS. It ensures formation of a closed runtime environment enabling the separation from the host OS, ensuring safety of data and code. The ‘Remote Service Interface’ replaces the traditional TCP/IP programming model, providing safe and reliable network transactions. This means no more IP addresses and a discovery mechanism will be used instead to access dapps and websites on the elastos internet(where each item has its own UUID - Universal Unique Identifier).
Elastos Runtime: A software library that contains some of Elastos functionality. It provides the target OS applications with the needed Elastos functions, similar to the Alipay SDK serving other applications and making them capable of having payment functions. Elastos runtime can use trusted network communications and conduct safe and reliable data exchange and allows information exchange with the blockchain, confirming digital asset ownership and identity.
Elastos Browser: A specialized browser where the Elastos runtime is embedded. In this browser, web applications can run with partial Elastos functions. Using Elastos browser bridges the gap to provide JS programming...
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

BitWare Group Limited UK is a technological group of 45 world's best engineers and 5 laboratories focused on IoT

BitWare Group Limited UK is a technological group of 45 world's best engineers and 5 laboratories focused on IoT, Blockchain, AI and Machine Learning. Mineberg - is a trademark of BitWare Group that will provide own-production, low-margin, life-time dedicated Bitcoin mining capacities world-wide. Own manufacture and maintain process allows to reduce capital and operational expenses, providing supercomputer clusters' best for cryptocurrency networks service. Mineberg Immersion Mining Center's minimal hosting rate is $0.02 per kWh. We offer 1 TH/s for 40$, providing lowest entry threshold on the market. Project’s fund constantly increases total computing power and distributes it among the coinholders, ensuring a guaranteed level of bitcoin production. Coinholders are able to convert Bitcoin to Fiat through our own Bitcoin exchange.
About Mineberg BitWare Group Limited UK is a technological group of 45 world's best engineers and 5 laboratories focused on IoT, Blockchain, AI and Machine Learning.
Mineberg - is a trademark of BitWare Group that will provide own-production, low-margin, life-time dedicated Bitcoin mining capacities world-wide.
Own manufacture and maintain process allows to reduce capital and operational expenses, providing supercomputer clusters' best for cryptocurrency networks service.
Mineberg Immersion Mining Center's minimal hosting rate is $0.02 per kWh. We offer 1 TH/s for 40$, providing lowest entry threshold on the market.
Project’s fund constantly increases total computing power and distributes it among the coinholders, ensuring a guaranteed level of bitcoin production.
Coinholders are able to convert Bitcoin to Fiat through our own Bitcoin exchange.
EXCHANGE LIST
Binance
Huobi
Kucoin
Bibox
Qryptos
Satoexchange
BIGone
Bitrue
Bilaxy
Bit-Z
Linkcoin
SECURE WALLET
Ledgerwallet
Trezor
submitted by icoinformation2021 to Mineberg [link] [comments]

Noob's Guide To Bitcoin Mining - Super Easy & Simple - YouTube Binance Launches Crypto Mining Pool Amid Centralization Concerns What is Bitcoin Mining? How to Mining Bitcoin 2019 Buying a $800 Pre-built Bitcoin Cryptocurrency Mining Rig ... Mine Bitcoin On Your Computer For Free Cardano Shelley Begins, Unlimited Easing, Binance Mining, BitFinex Pulse & Be Careful The Truth Revealed, Binance Mining Pool, Digitization Benefits & Bitcoin Trade Volume New High I Spent $100,000 Building a CRYPTOCURRENCY & BITCOIN ... DIY Bitcoin Mining: Hardware (part1) - YouTube

Jul 22, 2017 - Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Bitcoin mining has grown into a vast economy over the past few years as large ASIC-powered mining farms process transactions for the $32 billion dollar market. How to mine bitcoin? Mining bitcoins is a relatively straightforward process. If you don’t wish to delve into the details or learn how to optimally configure your bitcoin mining hardware, you can easily just download bitcoin mining software, start it up on your computer, and you’re already mining bitcoin. You could even start mining a few Satoshi before finishing this read. Where do ... Best mining rigs and mining PCs for Bitcoin, Ethereum and more By Matt Hanson , Brian Turner 14 September 2020 If you still fancy mining cryptocurrencies, these are the best pre-built rigs and PCs Jan 17, 2018 - Explore PIRATEPOPCORNUK's board "bitcoin mining rigs" on Pinterest. See more ideas about Bitcoin mining rigs, Bitcoin mining, Bitcoin. Bitcoin (BTC) Ethereum (ETH) Ripple (XRP) Bitcoin Cash (BCH) Tether (USDT) Litecoin (LTC) Binance Coin (BNB) EOS.IO (EOS) Bitcoin SV (BSV) Tron (TRX) Stellar (XLM) Cardano (ADA) Monero (XMR) Chainlink (LINK) UNUS SED LEO (LEO) Huobi Token (HT) IOTA (MIOTA) NEO (NEO) Dash (DASH) Cosmos (ATOM) Top Altcoins (2019/2020) 0x (ZRX) Beam (BEAM ... Recently I have had the idea to build a small Raspberry Pi cluster, both as an exercise but also to have a cluster available for other tests in the… Lion Quotes. Business Quotes. Inspirational Quotes Motivation. Positive Quotes. Life Quotes. Leadership Quotes. Wisdom Quotes. Badass Quotes. Warrior Quotes. Bitcoin Exchange, Trading BTC USD, BTC EUR - CEX.IO. Established in London in 2013, the ... Mining Pools: One way to avoid the hefty investment needed for successful bitcoin mining is to join a mining pool. When you join one like Slush Pool, you are basically contributing your computing power together with other miners across the globe. The mining pool operator will give you your cut at the end of the day. This is one way to mine free bitcoins with little in hardware investment. How to mine bitcoin? Mining bitcoins is a relatively straightforward process. If you don’t wish to delve into the details or learn how to optimally configure your bitcoin mining hardware, you can easily just download bitcoin mining software, start it up on your computer, and you’re already mining bitcoin.

[index] [23599] [5842] [5510] [17610] [6878] [4200] [18185] [19508] [21390] [6741]

Noob's Guide To Bitcoin Mining - Super Easy & Simple - YouTube

Some Helpful Links: • Buy Parts for a Mining Rig: http://amzn.to/2jSSsCz • Download NiceHash Miner: https://www.nicehash.com/?p=nhmintro • Choose a Wallet: h... Binance Pool has received mixed responses from the crypto community, with some commentators expressing concerns that Binance's pool will result in a further centralization of Bitcoin ( BTC ) hash ... Get an additional $10 in Bitcoins from Coinbase when purchasing through my referral link http://fredyen.com/get/Bitcoins Raspberry Pi: http://amzn.to/2l6yrW7... A $2000 investment turned into me spending $100,000 dollars building a custom shed for cryptocurrency and Bitcoin mining. Here's the story of Drew Vosk and t... Mine Bitcoin On Your Computer For Free: https://honeyminer.com/referred/58xn0-----Open An Account With Binance! How to Mining Bitcoin 2019 Bitcoin Mining in 2019 - Still Profitable? Best Cryptocurrency Market Binance https://www.binance.com/?ref=25992167 Litecoin Donat... Should you buy a pre-built btc cryptocurrency mining rig? The answer depends, lets review the Coinmine One and discuss the status of gpu mining in 2019 and t... Amazon Affiliate Link - (If You Buy Something On Amazon, I Get A Small Commission As A Way To Support The Channel) - (There is NO extra cost for you) https://amzn.to/39MXp4q Computer I Use To ... The Truth Revealed, Binance Mining Pool, Digitization Benefits & Bitcoin Trade Volume New High The Modern Investor. Loading... Unsubscribe from The Modern Investor? Cancel Unsubscribe. Working ...

#