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5181  Local / Русский (Russian) / Re: [ЛOГ] Пoльзoвaтeли, пoвыcившиe cвoй paнг - Пoздpaвлeния! on: July 20, 2021, 01:56:50 PM
Julien_Olynpic, прошу прощения что не поздравил раньше.
Прими мои поздравления!
5182  Economy / Service Discussion / Re: [Interview] Crypto business in Kazakhstan on: July 20, 2021, 01:55:26 PM
https://www.reuters.com/article/us-china-coal-idUSKBN2A308U
China's new coal power plant capacity in 2020 more than three times rest of world's: study

"Including decommissions, China’s coal-fired fleet capacity rose by a net 29.8 GW in 2020, even as the rest of the world made cuts of 17.2 GW, according to research released on Wednesday by Global Energy Monitor (GEM), a U.S. think tank, and the Helsinki-based Centre for Research on Energy and Clean Air (CREA)."

In China, the production of energy from coal is growing, according to this report.
Most likely, China has completely different reasons, but definitely not those about which it is written here:
https://bitcointalk.org/index.php?topic=5347307.msg57372694#msg57372694
5183  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you make sure a projects funds are safe? on: July 20, 2021, 01:50:04 PM
Hey everyone,

How do you verify that a projects funds will not be stolen by the devs? Many projects hold ICO's or some other sort of sale to raise money for development and many have turned out to be scams where the dev steals the money.

What are you looking for to verify that they won't run away with the cash?

Any ideas on how a project can build trust with the community on this topic?

What would you like to see DAO projects do in the future that would help build trust and make sure funds are secure from theft?
Choose projects that sell their tokens through the site https://coinlist.co
There, project creators undergo a full security check and verification.
Choose those projects in which I invest large cryptocurrency investment funds.
Check out the projects at https://ventures.coinbase.com/
which can be added to the coinbase exchange
5184  Alternate cryptocurrencies / Altcoin Discussion / Re: How to best market your Altcoin. SM,PR, etc on: July 20, 2021, 01:42:10 PM
Looking for the best marketing platforms or individuals for an already launched altcoin.
Use the capabilities of this forum
Place your ANN in this section
https://bitcointalk.org/index.php?board=159.0
Make a bounty or airdrop to attract more participants.
Tk your project will have a better chance of finding its investors and getting a little publicity.
5185  Other / Beginners & Help / Re: Bitcoin & Anonymity on: July 20, 2021, 01:32:06 PM
​   Bitcoin cannot be anonymous and transparent at the same time.  Bitcoin is built on the blockchain network. What is the blockchain network? Blockchain is a public journal where every transaction ever made is recorded. Anyone can find out using blockchain explorer how much money is in a wallet, when and from which address the money came.
If one receives bitcoin that is connected to a criminal address will that person be indicted too? Will every address connected to such account be tagged also? There is limited supply of bitcoin in circulation so such scenario is very possible. If that happens how does one clean the slate?
 
Use decentralized services and crypto exchanges where verification is not required.
There are still such exchanges, for example https://www.hotbit.io
You are safe as long as you do not interact with services that force you to provide your personal information.
If you are afraid that you will be accused of a crime, buy bitcoins on well-known crypto exchanges that provide purchase documents.
I'm about https://www.coinbase.com/
5186  Alternate cryptocurrencies / Altcoin Discussion / Re: What would happen to DAI if Tether collapses? on: July 19, 2021, 11:17:29 AM
Read the instructions on how stablecoin DAI works
https://makerdao.com/en/whitepaper/#the-dai-stablecoin
Look at Collateralized Debt Position- CDP to see how much MDI you can get when pledging another cryptoasset.
https://oasis.app/
Store coins in different stablecoins.
5187  Alternate cryptocurrencies / Altcoin Discussion / Re: Top 15 potential altcoins on: July 19, 2021, 11:04:39 AM
It seems to me that the article from which the author took the information was written by novice students of journalism.
How the author of the article made his choice is not clear to me.
Moreover, comparing capitalization projects is the most idiotic idea, especially after bull run, when prices are still very high and many projects are overvalued.
5188  Alternate cryptocurrencies / Altcoin Discussion / Re: Tether FUD on: July 19, 2021, 10:58:55 AM
The capitalization of USDT is not high enough to threaten the market.
USDC is developing very quickly and you can use this stablecoin to store your funds.
The crypto market is still waiting for a lot of consumers, so it is better to keep part of your money in fiat.
5189  Alternate cryptocurrencies / Altcoin Discussion / Re: Stablecoins and Blacklists on: July 19, 2021, 10:52:05 AM
https://muellerberndt.medium.com/is-tether-a-black-swan-51095720b01c
Is Tether a Black Swan?

"In this article I attempt to address the following questions:
How would a loss of confidence in Tether play out in the short term?
Who would get most rekt if a Tether-related crash happens?
Would a Tether confidence crisis be a black swan event* that would severely impact the market?"
5190  Alternate cryptocurrencies / Altcoin Discussion / Re: Beware of token airdrops on Tronlink wallet on: July 17, 2021, 10:40:49 PM
(GUIDE) How to trade on uniswap correctly
https://bitcointalk.org/index.php?topic=5270415.msg55038528#msg55038528
1 year has already passed and history repeats itself.
To avoid fraud, you need to do the same check in the TRON blockchain
Remember that no one will give you good tokens for free. And airdrops are needed for statistics, to show that the coin has many users.
5191  Other / Beginners & Help / Re: Dust coin on: July 17, 2021, 10:36:36 PM
I think the dust attack is more like a psychological attack. Dust can be easily turned off in the electrum wallet. It's probably easier to analyze the blockchain to keep track of other wallets than to send dust to each user.
Although recently I have not seen information about such attacks
5192  Alternate cryptocurrencies / Altcoin Discussion / Re: Thorchain (RUNE) Exploited for 13,000 ETH team confirmed on: July 16, 2021, 11:04:53 PM
More info in this post
https://bitcointalk.org/index.php?topic=5267124.msg57471971#msg57471971

If you like reading about hacking DeFi projects, then join this topic:
DeFi hacks [history]
https://bitcointalk.org/index.php?topic=5267124.msg54946420#msg54946420

The amount of damage turned out to be much less
https://twitter.com/THORChain/status/1415813696857591813
5193  Bitcoin / Press / Re: [2021-07-14] Bitcoin mining ban an easy decision for China, says Bitmain EMEA pa on: July 16, 2021, 10:56:33 PM
I honestly don’t know who to believe.
Have you read this post from a Chinese?
The real reason why China banned Bitcoin.
https://bitcointalk.org/index.php?topic=5347307.msg57372694#msg57372694

So this is just a way to lower the price of bitcoin and get the miners to take all the mining junk out of the country.
What will prevent China from allowing mining under full government control again?

5194  Bitcoin / Press / [2021-07-14] Bitcoin mining ban an easy decision for China, says Bitmain EMEA pa on: July 16, 2021, 05:46:57 PM
Bitcoin mining ban an easy decision for China, says Bitmain EMEA partner
https://cointelegraph.com/news/bitcoin-mining-ban-an-easy-decision-for-china-says-bitmain-emea-partner

“The easiest industry to reduce overnight was a gray area industry. Some 68,000 gigawatts of power was removed instantly from China just by saying no to Bitcoin mining.”

“Because these are older machines that were in a warehouse for many, many years and were just making 5%–10%, and they were on. But it doesn’t make commercial sense to now take those off and move them.”
5195  Bitcoin / Bitcoin Discussion / Re: Proof of stake criticism on: July 16, 2021, 05:37:55 PM
So Bitcoin has always used proof of work as did Ethereum.  But with Ethereum switching over some of us must be thinking of the possibility of Bitcoin doing so as well at some point.  With that in mind I wanted to revisit this topic as I remember there being a lot of criticism of proof of stake with the arrival of the first coins to start  using it, but I don't recall the specifics.
One thing is we know that with proof of stake no actual work is required for the validation which secures the blockchain.  Is this a concern or does it not really matter? What do you think are the other risks or concerns?
https://beaconcha.in/validators
If you are talking about Ethereum 2.0, then this is the most decentralized blockchain to date, with more than 190,000 validators.
Validators are selected using a special algorithm for each block and each epoch. Then these plots are checked by other wappers (they are called attestators), which are also selected using a special algorithm.
Not all POS algorithms are the same, you need to study each algorithm to draw conclusions.
5196  Alternate cryptocurrencies / Altcoin Discussion / Re: Masternodes for beginners on: July 16, 2021, 05:16:01 PM
https://masternodes.com/
This is one of the best resources for masternodes and for building your own nodes.
It is possible to make a good profit on the rise in the price of the coin if you bought the coins for the creation of the node cheaply before starting the bull run.
DASH is the most expensive node, but the most expensive node I have seen is a node in a binance smart chain.
5197  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH Difficulty Bomb Delayed Again on: July 16, 2021, 02:22:50 PM
Ethereum will be rolling a series of upgrades with the "London" hard fork on August 4, 2021. It'll be an exciting time for ETH holders as the cryptocurrency becomes scarcer than ever while fees decline considerably across the Blockchain. While the hard fork will bring many benefits, it will also delay the difficulty bomb to Dec 1st. We're going to have to wait again until ETH becomes a full-fledged cryptocurrency.

This sucks real bad, since developers keep delaying ETH 2.0 after each upgrade. I know they want to make sure the new upgrade is as secure as possible before rolling it on "mainnet". But the many delays are making people desperate as the current implementation of the ETH blockchain becomes heavily congested. If this keeps up, Binance Chain or another competitor could take down ETH's position as the leader of the smart contracts industry.

What are your thoughts? Do you like the idea of delaying the difficulty bomb after each hard fork? Do you think sometimes enough is enough? Will people get tired of ETH's inability to scale on time? Your input will be greatly appreciated. Thank you very much. Smiley

the community is actually tired of this delay. but nothing can be done, they start to not care about this matter. whenever there is an update it will always end in a longer delay. even i'm starting to doubt whether ethereum is really capable of using POS or not. and whether they have found a solution for scaling.
The community will still have to wait a little longer.
The team has solved all the problems and is ready to start ETH 2.0 Merge
https://ethmerge.com/
Next, there will be a procedure for launching new shards, which will take another couple of years.
Merge will only reduce inflation on the Ethereum network and stop mining
5198  Alternate cryptocurrencies / Altcoin Discussion / Re: Since DAI is backed by cryptocurrencies what happens if there is a mass sell off on: July 16, 2021, 02:16:13 PM
https://makerdao.com/en/whitepaper#the-dai-stablecoin
You have not figured out how DAI works. Read the documentation. To receive 100 DAI, you need to block other coins or tokens in a smart contract for $ 150 at the current exchange rate. When your collateral is worth $ 100, Maker will sell your collateral and burn the DAI received.
Useful link, thanks for sharing. So there is no need to worry that the DAI token will lose its stability value, Because the reserved cryptocurrency assets are more than the circulating DAI value.
As long as the coins we have are stable, they are made by companies that have good fundamentals and are trusted, I don't think we need to worry.
DAI token has passed stress tests many times and has never failed.
DeFe's system is very complex, and those who have not figured out how it works at the very beginning will always see the pitfalls.
Maker DAO has passed many audits from well-known companies and has not yet been hacked.
If someone is interested, then upon request in Google, you can get all the detailed information
5199  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: July 16, 2021, 02:00:09 PM
Official Announcement
London Mainnet Announcement
Posted by Tim Beiko(C) on July 15, 2021
https://blog.ethereum.org/2021/07/15/london-mainnet-announcement/

What exactly  "time bandit attack"? Can someone explain?


https://research.paradigm.xyz/MEV
Quote
MEV Can Harm Ethereum
MEV inherently encourages consensus instability.

Imagine there are two miners, Sam and Dan, who are paid a $100 reward for each block they find. Sam has found 3 blocks, the first of which contained our $10,000 Uniswap arbitrage.

Now, Dan has a choice: he can either mine on top of Sam’s 3 blocks, or he can attempt to re-mine the first block in order to take the Uniswap arbitrage for himself. The $10,000 is much more lucrative than the $100 block reward, and Dan is more rational than honest, so he decides to re-mine the first block.

While Dan’s at it, since the current longest chain is height 3, he also re-mines the second and third blocks (and captures any MEV that was in those, too). After the re-org, Dan owns the longest chain and he and Sam can progress from the third block.

This is known as a “time-bandit” attack: if block rewards are small enough compared to MEV, it can be rational for miners to destabilize consensus.

Our example was a two-party system. In the real multiplayer world, it is possible that every rational miner would attempt to re-org the third block and essentially halt progress. However, this could destroy the value of the miners’ hashrate investments. If we see this behavior at all, it will more likely be in the form of shorter, more frequent re-orgs that do not halt progress entirely.
5200  Alternate cryptocurrencies / Altcoin Discussion / Re: DeFi hacks [history] on: July 16, 2021, 01:07:14 PM
Bondly Finance Suffers Latest DeFi Attack, Token Price Tanks
https://beincrypto.com/bondly-finance-suffers-latest-defi-attack/
“Unfortunately we have been compromised by an unknown party. We would like to take this time to advise you to STOP TRADING BONDLY. Rest assure we have already taken action and will be operating as usual ASAP,”

Around an hour or so before the warning, DeFi Prime posted details of the address involved in the reported exploit.
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