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981

Bitcoin / Development & Technical Discussion / BIP47 Is it the Privacy Codes Bitcoin Users Need?

on: July 13, 2022, 01:40:36 AM

I happen to stumble on an article regarding BIP 47 and how it enhance the transaction privacy. So I do a little bit more searching looking for other articles that explains it. From a get go, I found that BIP 47 also known as Bitcoin Improvement Proposal 47 (BIP47) is a Layer applications for Reusable payment Codes. Code: BIP: 47 Layer: Applications Title: Reusable Payment Codes for Hierarchical Deterministic Wallets Author: Justus Ranvier <justus@openbitcoinprivacyproject.org> Comments-Summary: Unanimously Discourage for implementation Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0047 Status: Draft Type: Informational Created: 2015-04-24[/quote] Its purpose is to create payment code which can be publicly advertised and associated with a real-life identity without creating the loss of security or privacy inherent to P2PKH address reuse. [1] According to this article[2] it explains the BIP47 as Quote Bitcoin Improvement Proposal 47 ? or BIP47 ? allows wallets to offer ?payment codes,? which act as stealth addresses masking the real Bitcoin address where various payments eventually land. Its protocol and specification have been written by developer and early Bitcoin adopter Justus Ranvier, who spoke with us about the wallets currently seeking to be BIP47-compliant. Justus?s spec notes that payment codes automatically provide for transaction refundability, are SPV-friendly, and positively identify senders to recipients for relational certainty.[2] Here are some worth noting conversation between Bitcoin.com (BC) and Justus Ranvier explaining about BIP 47 way back 2015 Bitcoin.com (BC): Which wallets are looking at implementing BIP47? Which already have, if any? Justus Ranvier (JR): Samourai Wallet was the first wallet I worked with, and they are very close to launching with payment codes integrated. justus ranvier bitcoin developerTwo other wallets have expressed tentative interest, but haven?t actively started working on an implementation yet. I?m currently working with one wallet developer to define a multisig version of extend BIP47. Quote The first version of BIP47 did not support multisig because it wasn?t immediately evident that it would be possible, but we?ve recently discovered a way to make it work with reasonable trade-offs compared to the non-multisig version BC: Is this the first such BIP for Bitcoin? JR: The Stealth Addresses in Darkwallet were the first use of Elliptic Curve Diffie-Hellman (ECDH) addresses in Bitcoin. Payment codes are designed to address some of the shortcomings of stealth addresses, which may have been responsible for their lack of adoption. BC: Why would a user opt for Bitcoin with BIP47 rather than a currency which offers native privacy like Dash or Monero? JR: The ?native privacy? advertised by some currencies may turn out to be more marketing hype than reality. We won?t really know until there?s been comprehensive testing of all the different currencies from a privacy perspective. In the long term, users will prefer the currencies which represent the best investment because they have the best monetary properties. Quote ?If [A privacy-centric] altcoin has inferior monetary properties and Bitcoin can get reasonably close to it in terms of practical privacy, I don?t see how such an altcoin can compete in the long term.? BC: What primary use cases do you envision for BIP47? JR: Bitcoin users can use payment codes the way they?ve always wanted to use Bitcoin addresses, without harmful security and privacy side effects. Quote ?You can treat a payment code like your email address ? something that changes infrequently (if at all) and that you print on your business card.? When you receive bitcoins to your payment code, you see the payment code of the sender and can send bitcoins back to them as easily as replying to an email. Because they are a more natural fit for the way users want to interact with their wallets, I expect that payment codes will replace addresses as the primary way in which Bitcoin users pay each other BC: What other coding projects are you working on right now? JR: I accidentally became a core developer of Open Transactions because there was nobody else available to do it. BC: Tell us a bit about your involvement with the Open Bitcoin Privacy Project. What?s up with OBPP these days? JR: Right now we?re working on finishing up the second round of wallet privacy ratings, which should be released before the end of the year. We also have a project to measure and graph address reuse in the blockchain and additional privacy recommendations to wallet developers in the pipeline. 7 years later of that conversation, BIP47 had drastically progressed and has been implemented on several wallets.[3] Quote Many few crypto wallets have accepted the modern technology of reusable payment codes such as Billion, Samourai, Sparrow, and Stash. The crypto market is set to embrace BIP47 more in the nearby future for the welfare of crypto investors to complete necessary crypto transactions with Bitcoin more safely and securely. The main aim of BIP47 or reusable payment codes for hierarchical deterministic wallets is to simplify Bitcoin processes with a static and public address. Thus, it can be said that reusable payment codes can allow repetitive crypto transactions with the preservation of on-chain privacy. Full details and explanation of BIP47 can be found here[1] Now that the Bitcoin Development Kit plans to implement BIP47 users is now allow to receive payment via a static payment code and interact with more privacy.[4]. With this development, does the transaction privacy offered by BIP47 match those privacy coins? Is it possible that transaction done with BIP47 can't be traced? [1] https://github.com/bitcoin/bips/blob/master/bip-0047.mediawiki#Abstract [2] https://news.bitcoin.com/reusable-payment-codes-privacy-coming-wallet-near/ [3] https://www.analyticsinsight.net/reusable-payment-codes-are-what-makes-bitcoin-transactions-safer/ [4] https://www.nasdaq.com/articles/implementing-reusable-payment-codes-in-bitcoin-wallets-to-improve-user-privacy

982

Economy / Economics / Re: Top Crypto Heist as of to Date, Are your Fund in peril?

on: July 12, 2022, 11:24:20 PM

Quote from: hatshepsut93 on July 11, 2022, 11:41:01 PM Quote from: BitDane on July 11, 2022, 09:25:27 PM Do you think the current DeFi security system isn't ready to protect the money of investors? Or is it just an inside job disguise as crypto hacking incident? It's both. There's a ton of projects that put backdoors disguised as bugs so that they can scam people and have some deniability to protect them against law enforcement, in case they ever get caught. The sad thing is that even with an idea that the perpetrator is inside the company, it fall short of evidence making the accusation only a rumor. If we search list of possible inside job hacks, there are article that can be found about this but sadly they were never been proven true yet, Like the recent UST fiasco, it was believed that the Wallet that caused UST attack are suspected to belong to the Terraform Labs[1] The hack on Bithumb was also suspected as an inside job[2] Here is another funny thing, CEO of Coinsecure Bitcoin Exchange Accussing his CSO of stealing 438 BTC. The CSO declared a lost of fund while extracting Bitcoin Gold.[3] Quote "Our CSO, Dr. Amitabh Saxena, was extracting BTG and he claims that funds have been lost in the process during the extraction of the private keys," Coinsecure added. And a rumor that BitMart Hack is an Inside Job since Twittterati alleges the exchange to pay someone to hack their system.[4] [1] Inside Job? Wallet That Caused the UST Attack Suspected to Belong to Terraform Labs (Report) [2] Cypto Exchange Bithumb Hacked in Suspected Inside Job [3] $3.3 Million Stolen From Coinsecure Bitcoin Exchange, Inside Job Suspected [4] BitMart Hack an Inside Job? Twitterati Alleges the Exchange Firm Paid Scamsters to Hack Their own Network

983

Economy / Economics / Top Crypto Heist as of to Date, Are your Fund in peril?

on: July 11, 2022, 09:25:27 PM

What is Crypto Heist: Crypto Heist also known as Crypto robber where hackers have exploited vulnerabilities within these third parties, have targeted cryptocurrencies directly, and have utilized flash loans to their advantage. To date, this has seen them steal the equivalent of $4 billion.[1] Here is the current statistics of the reported Crypto Heist Heists are assigned to the country where the platform/website’s headquarters are located. Where a company’s location isn’t provided, the heist isn’t included in the map figures.[1] Top Crypto Heist According to the site[1] the following are the biggest crypto heist to date (based on the amount stolen at the time) Ronin Network (Axie Infinity) – $620 million stolen Quote On 29 March 2022, Ronin Network (a gaming-based crypto network) announced it had been hacked and a whopping $620 million had been stolen in total. This was made up of 173,600 in ETH (worth just less than $595m USD) and $25.5m in USD, making it the biggest crypto heist to date. Ronin Network, which supports Sky Mavis’s Axie Infinity game, said its Ronin and Axie DAO validator nodes had been compromised with the funds being drained in two transactions. The US Treasury Department later attributed the theft to North Korea’s Lazarus group. Poly Network – $610 million stolen Quote In August 2021, a hacker attacked Poly Network by exploiting a vulnerability in its system and managed to steal funds worth over $600 million. However, in a strange twist, they didn’t make off with their bounty. Instead, the hacker spoke to the platform and agreed to give back most of the money, except for $33 million of tether (USDT) which had been frozen by the issuers. But that wasn’t the end of the fiasco as $200 million of the stolen funds were trapped in an account that required a password from the hacker and Poly Network. For a while, the hacker refused to hand theirs over. That was until Poly Network begged for them to release it, coughed up $500,000 as a gesture for finding the system vulnerability, and even offered them a job! Poly Network later revealed that so-called “Mr. White Hat” had given them the private key. Coincheck – $532 million stolen Quote In January 2018, Japan-based Coincheck had its NEM (XEM) tokens stolen to the tune of more than $530 million. Hackers exploited the fact that the currency was being kept in a “hot” wallet, meaning it was connected to the server and was effectively “online” (a cold wallet sees funds stored offline). NEM developers were able to identify the stolen coins and mark them as such, but there was speculation that the funds were available on dark markets. However, as the coins lost a lot of value after the attack, it’s unlikely many would have seen this as a good deal (even today the coins would be worth 83 percent less than they were–around $90 million). MT Gox – $470 million stolen Quote This was the first large-scale hack on an exchange and is still the biggest theft of Bitcoins from an exchange. However, the MT Gox heist wasn’t down to a solitary event. Rather, the platform had been leaking funds since 2011, up until it was discovered in February 2014. Over a period of a few years, hackers stole 100,000 bitcoins from the exchange and 750,000 bitcoins from the exchange’s customers. At the time, these bitcoins were worth $470 million–but today, they’d be worth around ten times as much ($4.7 billion). MT Gox went into liquidation shortly after the hack with liquidators recovering approximately 200,000 of the stolen bitcoin. Wormhole – $326 million stolen Quote In the first major crypto heist of 2022, Wormhole’s crypto platform was exploited to the tune of $326 million. The platform acts as a communication bridge between Solana (an ethereum rival that has recently gained traction) and other decentralized finance networks. On February 2, 2022, hackers were able to exploit a vulnerability, causing Wormhole to shut down its platform while it investigated. It later reported that 120k wrapped Ethereum (wETH) had been stolen. KuCoin – $281 million stolen Quote In September 2020, KuCoin confirmed that hackers had managed to obtain private keys to their hot wallets before withdrawing large amounts of ethereum (ETH) and bitcoin (BTC), as well as Bitcoin SV (BSV), Litecoin (LTC), XRP (XRP), Stellar Lumens (XLM), Tron (TRX), and Tether (USDT). Since then, experts have suggested they have strong reason to believe that hackers in North Korea were responsible PancakeBunny – $200 million stolen Quote In this flash loan attack in May 2021 where hackers were able to drain $200 million from the platform. To carry out the attack, the hacker loaned a large amount of Binance Coin (BNB) before manipulating its price and dumping it on PancakeBunny’s BUNNY/BNB market. This enabled the hacker to get a huge amount of BUNNY through a flash loan, dump all of the bunny in the market so the price dropped, before paying back the BNB through pancakeswap. Bitmart – $196 million stolen Quote Almost $200 million was stolen in a compromise of Bitmart’s hot wallet in December 2021. Initially, $100 million was identified as having been stolen over the Ethereum blockchain, but a further investigation revealed another $96 million had been stolen over the Binance Smart Chain blockchains. A mix of more than 20 tokens were stolen, including altcoins like BSC-USD, Binance Coin (BNB), BNBBPay (BPay), and Safemoon, while large amounts of Moonshot, Floki, and BabyDoge were also compromised. Beanstalk – $182 million stolen Quote In April 2022, Ethereum-based DeFi platform, Beanstalk, lost around $182m after a vulnerability allowed the hacker to carry out a flash loan attack. The hacker was able to make off with $80m in crypto but the platform’s losses extended far further than that to over $180m. Reports also suggest that the hacker deposited 250,000 USDC into the crypto donation wallet for Ukraine. Bitgrail – $150 million stolen Quote Bitgrail was a small Italian exchange trading in lesser-known cryptos, such as Nano (XRB). In February 2018, just as the price of XRB skyrocketed from a few cents to $33, the exchange was hacked. Nano wallets had been targeted with at least 17 million coins stolen (the equivalent of around $150 million). Many users started to comment that they had noticed issues with the exchange before the attack (significantly lower withdrawal limits and transaction problems). Investigations also revealed that the coins had been stolen from cold wallets, not hot wallets, suggesting an inside job. Investigations have continued over the last few years with Italian police recently accusing the man who owned Bitgrail to be behind the attacks (either directly involved or was aware/took no action to prevent further theft once the first attack had been carried out). Vulcan Forged – $135 million stolen Quote Hackers made off with $135 million from Vulcan Forged–a blockchain gaming company–in December 2021. They accessed 96 different wallets by stealing private keys, before draining 4.5 million PYR tokens from them. Cream Finance – $130 million stolen Quote Not only did hackers make off with $130 million in this October 2021 attack, but this was the third attack Cream Finance had suffered in the year. in February, hackers stole $37 million and in August, $29 million. The latest attack saw hackers exploiting what was thought to be a vulnerability in the DeFi platform’s flash loan system. They were able to steal all of Cream Finance’s tokens and assets on the Ethereum blockchain, which amounted to $130 million. BadgerDAO – $120.3 million stolen Quote In December 2021, a hacker managed to drain funds from across various cryptocurrency wallets on the DeFi platform, BadgerDAO. The platform confirmed that hackers had used a “maliciously injected snippet” via Cloudfare which allowed them to drain $130 million in funds, around $9 million of which was recovered as it hadn’t been withdrawn. CoinBene – $105 million stolen Quote Initially, after huge outgoing transactions from CoinBene’s hot wallet to an unknown wallet in March 2019, the platform said it was undergoing maintenance. However, with every one of the platform’s ERC-20 tokens reportedly moving into an unknown wallet (which didn’t exist until the day of the transfer), rumors quickly circulated that this was an attack. Data scientists also found that the tokens were promptly moved to Etherdelta where they were sold for ethereum (ETH). This amounted to $105 million at the time. Horizon (Harmony) – $100 million stolen Quote Horizon, Harmony’s cryptocurrency bridge that offers transfers between Ethereum and Binance and Bitcoin, was hacked for $100m across 11 transactions in June 2022. In a Twitter thread, Harmony announced it was working with authorities to try and identify the culprit and locate the stolen funds. Liquid – $97 million stolen Quote In August 2021, Japanese cryptocurrency exchange, Liquid, detected that unauthorized persons had accessed its wallets before moving assets worth more than $97 million out of them. $16.13 million USDe of ERC-20 assets were frozen to prevent onward movement but 69 various cryptos were misappropriated and sent to other DeFi platforms or exchanges. EasyFi – $81 million stolen Quote By stealing the private keys to EasyFi’s MetaMask admin account, hackers were able to extract $6 million in USD, DAI, and USDT, plus 2.98 million EASY tokens, all of which amounted to around $81 million. The machine that was compromised to gain the keys was offline most of the time, only being switched on to perform official transfers for the project. When the attack was carried out, the machine had been offline for more than a week. And because it wasn’t actively used when the attack was carried out, this delayed the platform’s resp It is quite surprising how many promising exchanges, DeFi and crypto projects had suffered hacking. Often time we wonder if it is an inside job or the cryptocurrency security system is so weak that it can't cope up with the advancement of hackers and hacking tools. Regardless it is beyond the investors grasp. Should the platform or project take responsibility for this incident? Do you think the current DeFi security system isn't ready to protect the money of investors? Or is it just an inside job disguise as crypto hacking incident? [1] https://www.comparitech.com/crypto/biggest-cryptocurrency-heists/

984

Economy / Gambling discussion / Re: Casino can play a role in changing fortune?

on: July 06, 2022, 02:45:28 PM

I also believe that Casino can play a role in changing fortunes of a person. It can either make you or break you. Make you in a sense a person hits a jackpot, he can instantly gain a huge amount of money that can be use in improving his life. Or break you, gambling isn't bad but being a problem gambler is another thing. Being a gambling addict can make us broke if we failed to implement self-discipline.

985

Economy / Gambling discussion / Re: Gambling is for big bag holders

on: July 04, 2022, 02:07:21 AM

Sorry for your loss @OP. I hope you can learn from our fellow members that using martingale can bust your bankroll easily. I wish you the best next time you play with dice. I hope you win on your next session to recover your losses. Oh before I forgot, don't try to chase losses you will lose more if you do.

986

Alternate cryptocurrencies / Altcoin Discussion / Re: Is NFT's hype over?

on: June 20, 2022, 02:31:13 PM

I think the trend is still there since many company are still creating NFT for their promotional projects but sadly I think the NFT hype is over. Worst, many investors including me developed a biased hate towards independent developer that creates NFT stuff then ask for crowdfund.

987

Alternate cryptocurrencies / Altcoin Discussion / Re: Can anyone explain what is the value of meme coins?

on: June 03, 2022, 04:37:30 AM

Quote from: fedelowe on June 02, 2022, 09:55:07 PM Quote from: Andrik Viate on June 02, 2022, 08:45:40 AM I am confused that there are meme coins whose prices are sky rocketing but I dont see any real value these meme coins are providing there is no value of this coins, you can just buy and sell them when its profitable but mostly meme coins is scam, so better don't even try it But to be able to buy them you need money for it. And we know money can represents value. From the explanation of money, Quote Money is a commodity accepted by general consent as a medium of economic exchange. It is the medium in which prices and values are expressed. It circulates from person to person and country to country, facilitating trade, and it is the principal measure of wealth. Once money is used on something it automatically procure value. So meme coin that is trading has somehow value in it. The value is dictated by the demand of people wanting to buy it.

988

Economy / Speculation / Re: corona virus & bitcoin market

on: January 29, 2020, 12:53:03 PM

Quote from: techptcl786 on January 29, 2020, 05:32:13 AM What does corona virus have to do with bullish bitcoin ?? any effects No, it has nothing to do with bullish Bitcoin. Bitcoin market being bullish is already due a long time ago but whales keep it pushing down for the reason of accumulation but they can no longer able to contain the upward trend because more and more people are being drawn to Bitcoin because of the hype of the upcoming Bitcoin halving, not because of this corona virus stuff.

989

Alternate cryptocurrencies / Altcoin Discussion / Re: Best Places To Hold Initial Coin Offerings

on: January 29, 2020, 12:34:26 PM

Quote from: mrquackquack on January 29, 2020, 12:20:55 AM What are some of the best places you can think to hold ICOs, that provide both the investor and the project manager security from fraud, scams so on and so forth? Crowdfunding in general should be held in a reputable platform. At least on that reputable platform, they do project background check and the legitimacy of the project. One that I known is Binance, kucoin, huobi though I can say not all that chooses those exchange platform for their crowdfunding are successful.

990

Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Is BCNEx is turning to a scam Exchange?

on: January 29, 2020, 12:16:22 PM

Quote from: Bonwin on January 28, 2020, 07:32:19 PM An exchange that has just come up newly is likely to have some challenges to face, part of which is trading and withdrawal of funds. BCNEX has not stayed for long and I do not think they will want to jeopardize their efforts, with whatever mount they are holding now. If they had the intention of scamming, I believe they will wait longer to attract more, because such is still possible, owing to the fact that people believed i them at the initial stage. I have seen several starting exchange but their service is not bad as this one. People unable to withdraw their fund or unable to receive their withdrawn fund with no communication to the exchange is a good proof that this suppose to be a good exchange is turning to be a scam one. The issue with BCNEX withdrawal has been around for some months now and yet another new victim still falls for it. I hope that you can get your withdrawn amount OP.

991

Alternate cryptocurrencies / Altcoin Discussion / Re: Video Game Company Supports Cryptocurrency

on: January 29, 2020, 11:53:20 AM

I am a game myself and I am happy to see a big company as Ubisoft is now seeking a cryptocurrency to support. This will bring a huge boost to the crypto industry market because they will have this cryptocurrency banner (whichever they choose to support) in their advertisement thus reaching millions of player around the globe.

992

Alternate cryptocurrencies / Altcoin Discussion / Re: WINNING THE GAME AGAINST BAD PROJECTS

on: January 29, 2020, 11:36:14 AM

Quote from: Leonardo7 on January 23, 2020, 05:31:17 AM Hello guys, having been here for a while now, I feel that having a higher percentage of your portfolio on bitcoin and maybe the rest 30 or 35% on already good and established altcoins like ETH, BCH, Stellar, brave. BNB, Vchain, etc, is a good way of staying away from useless projects. I have come to an understanding that running after new promising projects always leave you heartbroken in 97times, and running after IEO to quickly make up for past losses lead to more havoc on your fund. So stick to the safe zone. I agree it is best to have our portfolio consist of coins and token that have a huge volume and have good enough support from the community. Having this kind of investment is a solid one because it won't just crumble anytime unlike if we hold lots of shitcoin with little to no value.

993

Alternate cryptocurrencies / Altcoin Discussion / Re: No shill, just news.

on: January 28, 2020, 09:07:14 AM

Anythng that uses the Bitcoin in their name wanted to have a share on the popularity of Bitcoin and it is really annoying because it was intended to pirate the Bitcoin users. And Newbies might mistaken this for Bitcoin so I also hate to see altcoin project using Bitcoin name as stair step to either scam or mislead investors.

994

Alternate cryptocurrencies / Altcoin Discussion / Re: 51% attack on Bitcoin Gold yet again

on: January 27, 2020, 11:19:20 AM

Quote from: lunobird on January 27, 2020, 07:18:09 AM you newbs don't know how to play the crypto game. btg is pumping in price. Hack was small. Ya in crypto bad news pumps the price and good news sells the price. Ya i wouldn't want to hold btg long term till they fix their issues. But still a nice short term pump trade to be made I understand what you are trying to say, lets not be emotional but rather play the game on cryptocurrency volatility. I hate BTG but for the sake of profiting, I tend to buy it during it lows and sell it once it pumps. There is no use in long term holding in this kind of shitcoin. Just buy it for a short term profit.

995

Alternate cryptocurrencies / Altcoin Discussion / Re: No good projects from a long time

on: January 27, 2020, 10:39:12 AM

After this thread was created, looking at the new project listed on the Altcoin bounty board and Altcoin announcement board, there is still no good project to be seen. Majority of them are just cash grab and almost have the same concept of the projects before them. I do not think it is worth investing in this kind of pr

996

Alternate cryptocurrencies / Altcoin Discussion / Re: Chinese Crypto Vs Corona Virus

on: January 26, 2020, 06:04:17 PM

Quote from: Sato$hi on January 25, 2020, 01:04:31 PM Today is a big celebration day of the Chinese New Year, but on the other hand China is being hit by an epidemic that is the corona virus. So the Chinese government recommends that Chinese citizens do not travel on holidays and they close some tourism facilities to the public. Even in Japan reportedly there are some shops that do not allow tourists from China to not visit their stores. From this incident, will this affect the economy of China, especially China and the global crypto world? https://www.washingtonpost.com/business/economy/global-markets-swoon-as-lethal-virus-in-china-spreads/2020/01/23/a2223898-3dff-11ea-8872-5df698785a4e_story.html The epidemic itself had already affected the economy of China but it is still unnoticeable at the current state. With regards to global cryptoworld, it the corona virus case in China won't affect the market.

997

Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Altcoin's Price Jump?

on: January 26, 2020, 05:32:41 PM

Quote from: aliriaz485 on January 26, 2020, 02:02:28 PM If the price of the Altcoin goes up, then the Bitcoin value will go up. The reason is that when the price of Bitcoin goes up, the price of Altcoin goes up as well. If people start buying Altcoin more than today, the price of Bitcoin will go up as well. If the price of Bitcoin goes up by 2021, it will be a record. Am I right? No it does not go that way. If the price of Bitcoin goes up, funds that supposedly goes to altcoin market will be moved to Bitcoin to catch up with the rally. Then the Altcoin market will either be stagnant or go down. And vice versa.

998

Alternate cryptocurrencies / Altcoin Discussion / Re: Japan reportedly working on a proposal to issue a national digital currency

on: January 26, 2020, 05:07:30 PM

Quote from: mamamu111 on January 26, 2020, 08:34:38 AM Ruling party lawmakers in Japan are reportedly working on a proposal to issue a national digital currency, Reuters reports on Jan. 24. This appears to be a response to fears of a Chinese digital yuan. READ FULL DETAILS VIA THE LINK BELOW... https://worldpublicityblog.com/index.php/2020/01/25/japans-lawmakers-are-reportedly-working-on-a-proposal-to-issue-a-national-digital-currency/ This is to be expected since they are a crypto friendly nation and wanted to fully take advantage of the blockchain technology. Quote from: Dickiy on January 26, 2020, 04:53:36 PM lately I often find posts from countries related to cryptocurrency as well as Germany and now Japan which is among the most affected countries especially China This is simply show Cryptocurrency friendly nation know the benefit from this kind of technology and wanted to use it in their own country, aside from that they also wanted to have a digital currency that hey can fully control.

999

Alternate cryptocurrencies / Altcoin Discussion / Re: Problem in trust or correction time?

on: January 26, 2020, 04:46:52 PM

Quote from: flagpara on January 25, 2020, 07:01:05 PM One problem can't solve from first, if new investor can't trust new fresh coin why they don't invest in old coin. We several good coin already exists in cryptocurrency even with very low price. Even I don't think there could be a trust problem. All solution is now is the correction time!! It is their experience in the past why investors avoid investing on new coins. Aside from that, who knows they had already invested on this old coins and already suffered a huge loss on their investment. There is always a trust problem and if you a person trust easily, I think there is a problem on how he looks on things because he will be susceptible to scams.

1000

Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Altcoins Bounty Hunters are almost alone!

on: January 26, 2020, 04:31:35 PM

The community had accepted that Bounty campaign is like a gamble, thus they are very lenient in giving red trust to the bounty managers but once the project is proven a scam then you will see swarm of red tag on the project owners account and if proven guilty, the bounty managers account too.

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