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Using Bitcoin and altcoins under 18 is totally fine, however trading even though is currently allowed, one might not be prepared mentally for the kind of pressure that comes with it. Technical Analysis can be learned at any age, but the biggest enemy when trading is psihology, yourself, and the difficulty of risk management. Master yourself first and then you can learn to master trading.
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Usually the market moves before the bot can make a profitable move, regardless of what AI the bot is enhanced with. It is impossible to make accurate predictions about the market, the closest thing would be a HTF bot, but for the moment the infrastructure and market volume is not even near forex.
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I really don't recommend jaxx to store more than a couple hundered dollars. Use cold wallets whenever possible. But regardless of wallet type, hot or cold, one always should backup the seed somewhere safe to be able to restore it later.
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I think that everyone from the crypto-community should take some time and learn at least basic programming starting with C/C++ for crypto projects or at least take some time to get a basic understanding about the workings of the tech. we should not also forget that some projects are against the institutions and prone ro attacks; in such cases, the anonymity of the developers becomes a necessity This depends on the scale of the project and the market capitalization. But nevertheless, there should be at least a hand of developers that are publicy known within the crypto-community and others that are contributing to the open source codebase. Note that every piece of software is prone to bugs and backdoors, intentionally created or not. Even hardware has fundamental flaws as seen in recent times. |
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Which one of these mechanisms to achieve consensus are better suited for a global decentralized network?
- Proof of Work / Resources
- Leader based system (e.g. proof of stake)
- Economic based
- Voting based (e.g. virtual voting used by hashgraph)
- Hybrid between one of these
Also let's discuss the advantages and disadvantages and the trade-offs between them.
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I think it will but not anytime soon!
The road from 0$ to $1000 is way more difficult than from $1000 to its encoded value |
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I recommend engraving the mnemonic phrase on a stainless steel plate (both fire and water-proof, high corrosion resistance) and burry it in a safe location; a very good method to hold longer than you have planned your coins; better than an air-gapped computer and 100% hack-proof.
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How many satoshi are in 1 btc? this might help you with the bitcoin price.
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Centralized cryptocurrencies are the antithesis of public, open cryptocurrencies that are inherently decentralized; there is also an exception for this 'rule', Ripple for example - toxic with regard to the moral values of the crypto-community. But essentialy, trust is build from many participants in an open manner and secured by cryptographic and matematically verifiable proofs - you need no central authority to trade or store value.
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I recommend vultr.com as they accept bitcoin payments and have a very dedicated support team that will save you time and money.
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Where are current DLT implementations situated in the trillema triangle (mainly public and open cryptocurrencies) and how can we overcome the technological limitations of their architectures?
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The irony is that you are already posting this on bitcointalk that is better than any social network for bitcoiners.
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There are many discussions regarding the scalability problems of blockchain implementations and various solutions proposed for effective scaling.
With this post let's dive into what those limitations really imply and where the bottlenecks appear; for example, let's discuss about the concept of transactions independency i.e. 1) an associative property applied to the processing of transactions (considering that transactions that do not depend on one another can be applied in any order because it will result in the same global ledger state) and 2) dismiss the concept of batching transactions into blocks i.e. not forcing the network to agree on blocks of transactions.
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Try to make exercises every morning
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I wish that as a superior species, we will stop consuming animal food and genetically modify vegetables in a way that are safe to eat.
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[...] should be more efficient than FGCs and should not only be decentralized at launch but also have a reasonable prospect of remaining that way [...] This is a defining point for decentralized systems and some answers lay in the incentivizations strategies that will shape the cryptoeconomics for the new generation of cryptocurrencies. [...] one of the key elements is replacing the perpetually growing, full historical chain with something that might be called a rolling truncated block chain, with a block discarding algorithm that deletes blocks no longer in active use [...]
There are already some proposals for this issue, in the form of checkpoints or milestones that can be secured cryptographically such that the resulting ledger maintains its key properties over time. |
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In 2018, some projects are announcing that they are delivering the next generation of blockchain, such as Holochain, Hashgraph, Seele, Dfinity, and so on.
I studied Holochain and Hashgraph and would like to talk about these two projects. The following is my own opinion. Again, just my personal opinion. Please share your opinion on these two projects and other projects of next generation of [Suspicious link removed]paring with Holochain, Hashgraph has already lost, totally.
Encrypted psycho-relativism:
HashGraph represents the capitalism and elitism of Silicon Valley. HashGraph Has Presale. Presale is only for a limited number of accredited investor. The majority of investors are not qualified, and they are helpless.
While, Holochain represents freedom, openness, coompatibility, and the spirit of crypto-liberalism. It is Nakamoto's crypto-romantic thought. No presale, No VC, No Instituion. No Bias, No Discrimination. As long as you have discovered the project with your eyes, you can participate without limit. Everyone can join the project.
Market Value Theory
The presale of HashGraph equals holochain's entire financing. Is that a Joke? A project that is born at the 15th place at coinmarketcap and is only at the theoretical stage with a white paper.
The Holochain has a reasonable price, only financing more than 20M dollars. The team has been pursuing encryption fore several years already. The good code of the project is a good proof.
Relativity Theory of Openness
HashGraph has a committee of 39 authoritative agencies and organizations. Individuals are not eligible to join the committee. The committee is fully responsible for making all decisions. Dpos belongs to democratic centralism. There is a vote. There are elections. There is freedom. There is democracy. The HashGraph's committee belongs to the militaristic centralized tyranny rule.
A game of vested interests. Individuals do not have a chance.
Holochain is simple and simple. There is no such cumbersome and redundant committee organization. Everyone can purchase mining machine for mining. Rent your own computer resources to verify the entire network and jointly maintain the security of the network. An open and free public network does not require a cumbersome process.
Technical Relativity
HashGraph is a token trading engine based on the hardcoded consensus algorithm. Holochain is a DApp engine center on an agent-centric agent. Holochain will be more efficient than HashGraph, because HashGraph needs a consensus on everything. Even 99% of the data is non-competitive. HashGraph is relatively inflexible for building DApp applications. HashGraph does not have fragmentation. All nodes must handle all transactions.
From a technical point of view, HashGraph is also a very innovative and high-quality technology.However, Holochain is generally more suitable for establishing decentralized DApps.
Comparing Holochain and HashGraph from four aspects. Which one is the winner?
You should consider renaming the 'blockchain 3.0' part of the title; it is confusing for readers, as both hashgraph and holochain do not use a chain of blocks to maintain a unique proof of records containing transactions. Maybe you can change that part with 'next generation of distributed ledger technology' |
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The whitepaper states that Radix is a new form of distributed ledger technology; it is not a blockchain, nor a directed acyclic graph. The question is, what is the foundational architecture used by Radix (the mathematical structure to store information, i.e. custom hashed link list for blockchain type DLTs)?
Good question, the one we're all waiting to have answered. From my research radix will start with a humungous number of shards, or network subdivisions, and each address will exist in a single shard, and then nodes in each shard will be constantly communicating their state to other shards, so no node will ever have a complete picture of the network, but as addresses exist in only one shard space, double spends can still be detected quickly. I know that doesn't go anywhere near answering your question, but the key (i think) is radix is starting out with a design that scales using shards. The datastructure is something new. As regards the double spend problem, the network cannot easily invalidate a conflicting transaction when there aren't common nodes that processed it; furthermore it is described a mechanism to address this issue involving periodic 'commitments' made by all nodes from any given shard, however the conflicting transactions are stored locally by the nodes that issued them, thus impacting the immutability property of the ledger. |
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