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To sync with monthly newsletter, the monthly update here will be posted later together with the newsletter
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Monthly Update:
1. The first round of Finmail Work open tasks was successfully finished on 27 Oct, 2019. The top-rated solution for task 3 has been applied to the website.
2. The Finmail Outlook Add-in has been updated to version 1.1.1.0, which has been approved by Microsoft and, available through Office Store.
3. The Finmail website has also been integrated with Finmail Payment. By signing up for a Finmail forum/membership account with a verified email account from any host, including Gmail and Yahoo, etc., the member can get access to Finmail Payment through member panel and, payout/receive/review USDT/BTC balances and transactions, etc.
4. The Finmail website has been updated with some new features, i.e. Reward List.
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Thank you for the comment, which is highly valuable. We have fixed the link, which should be working now. Regarding security, it is true that there is a password protection when accessing an Outlook user's Finmail account. In the user guide at https://www.finmail.com/user-guide there is a statement that: "To prevent someone from pretending to be you to reset your password when you are away from using email client, use a mailbox that cannot be viewed through your current email client, i.e. Hotmail/Outlook, as backup mailbox." The overall system design is similar to a combination of online banking and digital currency: Finmail brings hypertext communication capability to both systems. In addition, Finmail brings borderless value transmission capability to online banking system, while it enables digital currency user to use email address as sender/receiver's payment address as well as their identifier. Therefore, we hope the new system will make collaborations based on Internet easier and, improve productivity. The current add-in is still at early stage and, we are trying to make it more convenient. If you are interested in, you are welcome to give user experience feedback, improvement proposals or even code review, through our open tasks 1 and 2, i.e. https://www.finmail.com/post/task-1-finmail-add-in-survey. You may also get reward, although may not be as much as Bitcoin trading  |
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According to a recent notice from Novaexchange, due to business decision, the site will be closed and all tradings will be closed including SecureCoin. If you have any SRC there, please withdrawal to your wallet or other exchanges as soon as possible, i.e. coinexchange.io The time schedule mentioned in the email is as below: - Starting from October 28th until November 27th, there will be an equivalent to 0.0001 BTC custody fee charged at the time of the withdrawal request.
- Starting from November 28th until December 19th, there will be an equivalent to 0.005 BTC custody fee charged at the time of the withdrawal request.
- Starting from December 20th until January 27th, there will be an equivalent to 0.01 BTC custody fee charged at the time of the withdrawal request.
- From January 28th 2020 onwards the Nova website will be closed and users will have to get in touch with us to claim their assets.
- The custody fee will increase by 0.005 BTC every month on the 28th onwards.
More details can be found in the email if you are a registered Novaexchange user.
We are sorry to hear the news, but we believe SRC has its own value, which can not be affected by the exchange. |
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Monthly Update:
1. The introduction of USDT has been completed and, the updated add-in has been approved by Microsoft
2. Support sending an email notification to payment receiver when making a deposit.
3. Support sending payment to non-Finmail user by email address. An internal transfer will be made and, the payment receiver will get an email notification about how to get the balance.
4. A new platform - Finmail Work, which enables people anywhere to work or publish task and, get payment efficiently at low cost, has been online.
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Congratulation! The SecureCoin block mining reward has been halved successfully!The SecureCoin block mining reward has been halved to 2.5 from now on, which is formally the first time since its launch in 2013. More details can be found at https://securechain.info/en/chain/SecureCoinThank you everyone for your support. Our belief in SecureCoin is always the same.
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For now there are only around 900 blocks left before halving.
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The Finmail Add-in for Outlook and Hotmail has been approved by Microsoft and, is available through Office StoreWe have a great news that, the Finmail add-in for Outlook and Hotmail has been approved by Microsoft recently. Anyone can install it through Office Store. The approve procedure takes more than 2 months in total, with several changes and improvements regarding user privacy, server stability, asset security and ease of use, etc. For example, as to financial security, all Finmail add-in users are required to create a Finmail account, sign in before using and sign out after using. To make the add-in more applicable and convenient, we kindly request you to try the Finmail add-in and give some feedback. Our current priority is still to introduce a stability coin like USDT to the add-in, while taking account into other features like improving text templates inserted to the email content. For more details about installation please refer to https://www.finmail.com/technical-supportThank you for your support.
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Monthly Update:
1. Improved UI interface and introduction
2. Improved user account management. For example a user can hide all his/her account information by signing out. To sign in, a user needs to enter his/her Finmail password. In addition, a user can change either password, backup mailbox or both at the same time.
3. Support 2 types of internal transfer: transfer by BTC address and transfer by email address. If the receiving BTC or email address belongs to another Finmail user, the transfer between them will be internal and, completed immediately without fee. If the receiving BTC address does not belong to a Finmail user, traditional Bitcoin transfer will be taken with normal transaction fee.
4. Support selecting and calculating external transaction fee by speed, totally 4 levels at the moment.
5. Improved system architecture to provide high availability, strong security and low latency.
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SecureCoin will soon be halvedSo far there have been more than 2080000 blocks mined. According to the specification, the reward will be halved every 2100000 blocks. Therefore we will soon greet the first halve of SecureCoin since the launch in 2013. Thank you for your support and help. Let's wait for the moment to come together. Regards, Securechain Team
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Thank you for the messages. It is a very good idea to develop a Chrome extension to support Gmail/Yahoo. Presently we are still focusing on the add-in for Hotmail/Outlook. Once the product is basically shaped, we will consider extending to support other platforms.
Technically, to Gmail, it has a built-in add-in system, so it is probably easier to extend the support for it. However to Yahoo, it seems the webmail does not support third-party add-in. Therefore it may be required to develop the add-in at browser level, i.e. Chrome extensions, in order to bypass the limitation of Yahoo mail.
Also sorry for the massive paragraph, which might be kind of technical specification/white paper instead of product introduction. We'll try to improve the content in our website to make it more intuitive and elegant.
On the other hand, we are also planning to introduce other coins, i.e. USDT, to the add-in. Bitcoin is always the first one needs to support. However, just like the most expensive wine is not for drinking and, the most expensive watch is not for timing, the most expensive coin, i.e. Bitcoin, may not be the best one for remittance/payment. Therefore in addition to Bitcoin, it seems we also need to have a stable coin in the system to make it more practical.
The support for Lightning Network is very interesting and, we’ll consider it when the basic modeling of the product is done.
Anyway, thank you again for your kind idea and comments. Hope we can make it a great product together.
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Thank you for the comments, which are very helpful.
We are always trying to improve the product and, hope more people can find it useful and convenient. For any idea or improvements to the add-in, please feel free to contact us.
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Monthly Update: 1. Improved UI interface, which is more intuitive and easy to use. 2. Improved security mechanism, which leverages the use of password, backup mailbox and payout limit to secure the transaction. The approach of funding storage is also improved. 3. Support choosing transfer speed. The transaction fee is calculated according and automatically. 4. Support displaying realtime BTC price with certain interval, typically 1 min. 5. Support running the add-in also when reading an email. 6. Support running on all versions of Outlook and Hotmail clients, including Outlook for Windows, Outlook for MacOS, Outlook/Hotmail on web, Outlook app on iOS/Andriod, etc. Welcome to visit https://www.finmail.com for more details. Any comment is highly appreciated. |
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Thank you for the comments, which are quite valuable.
To solve the partial refund issue, it is true that due to the relatively low transaction speed and high fee of Bitcoin, more currencies need to be introduced, for example LTC and USDT, etc. In this way, we are using the "remittance" or "clearing" approach, which is also how email is working.
Alternatively, some semi-centralized or centralized mechanisms can also be introduced, for example lighting network and third-party service. In this way, the value transfer is kind of "payment", which is usually faster and fault-tolerant. However, the network covered by payment service is usually smaller than email. Therefore these approaches will be good supplement to the add-in, but the foundation will still be digital currency.
The current support for Microsoft email is due to the fact that Outlook/Hotmail has wider acceptance globally than Gmail, although Gmail has more users than Outlook. In addition, the development environment for Outlook is very mature, which makes is easy for us to turn the idea into production. After the add-in for Outlook/Hotmail, we will naturally continue the development for other brands including Gmail, if the market turns out to be valuable.
It might be true that it will be a humongous task to make people trust the add-in and their online money (personally I do not like this word). However just like online payment 20 years ago and, cloud service 10 years ago, the change of publicity in internet age is always faster than old days. In addition, regardless the publicity, if the project is really a cornerstone, it will be able to show the beneficial value to the society, which we believe so.
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Thank you for the comments. We are very happy that you think this is a good idea.
The post has been updated to show the short url and abstract. As the article is kind of "knowledge marketing", probably it is better to leave it here, so that those who want to know the background can get the whole knowledge from the post without opening a new page.
The website seems to work fine on Chrome on Windows and iPhone. All images can be downloaded and displayed properly from our side. Therefore could you please give some more details about the site issue, i.e. which page has the problem and what images/texts cannot be displayed properly? Once verified, we'll try to fix them as soon as possible.
The security risk is always there. It is very important, but should not be a big issue. For example, to today's cloud technology, security is also the first priority. To any company or individual, if they move their internal documents to the cloud, they also run the risk of information leakage due to potential server or cloud provider issue. However, on one hand, the architecture of cloud is so advanced and flexible, which makes people "have to" move their valuable documents to it to reduce cost. On the other hand, cloud service providers also have mature security measures today, otherwise no one will use cloud.
To this point, cloud service provider is similar to digital currency exchange, while the former one is to host all types of information with different value and, the latter one is mainly to host private keys with high value. If cloud is secure enough, why can't exchange, or FINMAIL be secure enough? In addition, even though there are some big exchanges got hacked, there are still some survivors today, which shows the possibility of being highly secure.
The technology which enables email with the Bitcoin to arrive safely is a big topic. Probably we can discuss later when the patent is published.
BTW, as the project is based on email, we can also imagine the message like "You've got mail with Bitcoin".
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Hi, Since the beginning of this year, we have been working on a new project - FINMAIL, which aims at integrating email and cryptocurrency services. The idea comes from the commonalities of the two: both email and cryptocurrency, i.e. bitcoin, can transfer something throughout the whole network with short delay. Meanwhile, also the differences: email is for information and cryptocurrency is for value. This month the project is released at https://www.finmail.com. If you are interested, regardless whether you are tester, hacker, trader, or just curious geek, welcome to visit and try. On the other hand, we are managing to update the homepage of Securechain / SecureCoin to make it more structured. Presently we have three projects: Securechain Wallet, SecureCoin block explorer and Finmail Add-in. Anyone who is interested in or, prefer some voluntary work are welcome to join. For any question please feel free to contact us. Any idea or comments are highly appreciated. Thank you for your support! Best Regards, Securechain Team |
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