Hello BCT,

I'm writing an article on blockchain and cryptocurrency red flags, I thought I may gather some communal perspectives regarding what the average investor identifies what some red flags are.  There is a lot of fraudulent projects out there and sometimes it's quite difficult to evaluate a projects integrity.

Gozzy.

Pushing some changes to the token contract;

- No 25 consistent reward system
- Unique vID creation
- Neutral option added for voting


https://github.com/validitycrypto/erc20d/blob/master/ERC20d.sol

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Incoming article on Cryptocurrency and Blockchain Red Flags !

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Pushed some new changes to the VLDY ERC20d token contract; https://github.com/validitycrypto/erc20d/blob/master/ERC20d.sol

_trustLevel Parameter - A introduced meter of your act of commitment and possibly accuracy of validations in the future (this may impact your voting weight)  There is a 1000 block limit on trust alteration, to inhibit exploitation if arisen

_delegationIdentity Parameter - A username for people who wish to add a personal touch to their delegation id (vID)

Neo Event - To alert the masses of a newly generated vID aka the first time an account receives a VLDY balance

Trust Event - To alert the masses of any alterations to a vID's trust level.

** Still to improve;

> Decrease level of centralised control orientating with the reward system and trust system.
> Audit contract via Mythril, Manticore and custom attack vectors

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New graphic on the ERC20d token and Communal Validation contract 



Share the love on twitter if you can <3 ; https://twitter.com/ValidityCrypto/status/1076504924333228032

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I have wrote an article for spreading awareness about appropriate due diligence in the cryptocurrency and blockchain space, please check it out much appreciated.

Article; https://medium.com/@samuel.jj.gosling/cryptocurrency-and-blockchain-red-flags-e0ba71885136

Twitter; https://twitter.com/gozzy_g/status/1080483007981588480

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The Validity ERC20d contract is now live on the EGEM network, airdrop round one participants have received compensation of 41,250,000 VLDY per applicant.

Address: 0xb0702df32de0371f39a98cc911a2dd69c3a13e6f
Symbol:  VLDY
Decimals: 18

Thank you for your patience and support.

Twitter; https://twitter.com/ValidityCrypto/status/1082374078219071493

Got me, haha strange though I did here that some malicious projects just copied the website and used to for some crypto frauds down the line inhibitively. Nobody can truly understand the extent of their actions in hindsight, not even the SEC!

For those incredibly confused read; https://www.investor.gov/howeycoins

 

Thank you Continuous for the unyielding support, reminder to all passerby's our airdrop ends TOMORROW.

Thanks for the support gbtroll

Round one will be with you soon sorry for the delay, if you got the previous tokens (before rebrand) then you'll get the VLDY tokens!

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One more day to go 

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Two hours to go until the end of our airdrop round 2 registration

Register here

I don't know if this is suitable to post here but it's the only branch of the forum related to scam awareness;



Read more about VLDY in an article revolved around Communal Validation or check out our ANN for a more insightful explanation.

PS: our airdrop ends in 2 days, so get on in

I don't have alot of experience with core but it seems like permission error with the make library, try the following and make sure you are building the source correctly (usually requires berkelydB first when dealing with BTC);

then

Great weekend and nailed the hackathon (in some sense)

https://twitter.com/gozzy_g/status/1057801940602626048

https://twitter.com/gozzy_g/status/1058755361946132481

I'm gonna keep developing everyday and learn new ways to benefit from the many capabilities of distributed computing and blockchain also studying some Cryptography + some experimental frameworks. But also to work on my community-driven project Validity (VLDY), which will be executed regardless of market conditions.

I used to be a trader but then I saw the potential in developing, where the value is truly formed.

Never store large amounts on a CEX, only if you are trading daily always put your funds back into a secure form of storage (offline wallet, web wallet, hardware wallet).

I personally prefer DEX's but it's true there isn't a competitor in the game that provides the same flow as Bittrex or Binance, there is a gap in market for sure even with all the competitors out there.

It's because of Tether's printing abilities they are always increasing the supply to keep the value stable with people dumping mostly.

Yes i've noticed that BTS have the whole stablecoin approach differently, interestingly enough bitCNY overtook TUSD in volume just afew days ago! Indeed it's a quite controversial topic and i'm afraid it will end quite badly, I think it's best to stay away period. The collapse of these assets could have a huge effect on crypto as a whole is the problem.

Do you know any of the markets that have executed delistings of these assets?

Indeed I forgot about the Gemini dollar, I actually thought TUSD was GUSD. There is far too much of them and all bare the same attributes but yet none are beneficial in other aspects, the only reason why USDC is taking the lead because it's launched by Coinbase. None of these assets have technological advantages to one another they are all of the same, upon contemplating on the topic I formed a PoC that would create a stablecoin that is much superior to the current implementations and one that fully decentralised. It's going down in the ideas book for sure but I feel there is no gap in the stablecoin market anymore, so idea is quite irrelevant.

Bumping this, eager to hear people's perspectives.

With yesterdays announcement of USDC it is imminent that there is ongoing stablecoin war occurring,  how will the famous USDT respond to one of the leading entities in blockchain pushing out a competing asset? Let's not forget the new fiat-pegged asset to the scene TUSD, how will these entities compete with the biggest giant in the game and the easiest portal to liquidate and buy digital assets. Tether has executed some amoral approaches before, what stops them to execute with this in mind again in order to exit with some sort of profit? Coinbase and Circle are certainly in the lead with this war and it will be interesting to see how exchanges that utilise the other stablecoins will respond.

If you ask me, I think these assets are a huge risk and could drop to zero at any time due to the centralised ability of increasing the supply behind the majority of them. You may ask why do these assets incorporate such a method? It's obviously to keep the monetary value stable if a significant amount of revenue is induced to the assets eco-system. Regardless I'd rather just keep my revenue in fiat or in crypto, not in a variation that combines the two.

What's your take on this all BCT?

Come on seriously BCT, get on your high horses  

A new consensus algorithm that bares the same level of decentralisation as POW but yet a variation that is much of efficient and eco-friendly for the environment.


Majority of "scalable" products in the space are dependent on BFT which can be highly centralised. What's the point of an asset that defies the ambition of what Bitcoin was created for but yet exemplifies itself to be a contender of.

The only project i've found that is attempting to tackle a system that is scalable whilst baring uttermost decentralisation is Cypherium with their hybrid BFT/POW consensus algorithm.

Contract source at; https://kovan.etherscan.io/address/0xa0c1B502Cf2556017f3b261Aa90932eDF5E92102#code

Piece of advice is revamping your UX, it's quite unbearable and is an essential point of adoption for any digital application.

What specifically do you need? Someone to distribute your airdrops?

If so I can help, I've developed this; https://github.com/samgos/airdroplet-erc20-dapp

You can use it free of charge as it's open-source, that release is abit off with the token approval method and I do need to update it but it functions as it should. I could help you out for some compensation if needed, my telegram is @xGozzy.

I'm sorry to hear man, could you tell us how it happened by anychance?

If you're not aware i'm the Founder of a project called Validity (VLDY) which aims to create a go-to reference point for investors to verify the integrity of an investment decision through applying a technique known as Communal Validation. Which as you can imagine would help spread awareness of fraudulent or scam related projects but also illustrate the good projects. Check us out, i've built it all from the ground up with no funding as of now and it's important to note we will never ask for public funding as we want to incentivise a personal connection between the community and the team as much as possible. We are distributing up to 60% of the supply via three airdrops and we are currently in our 2nd round, be sure to sign up it could help compensate for somewhat of your lost BTC in the future who knows!