off topic ,.....but worth read......from 1999

Electric currency could trash cash

https://www.theguardian.com/technology/1999/nov/04/onlinesupplement

Interview with Decred’s CEO Jake Yocom-Piatt on Crypto Ad Bans and Market Volatility

https://cryptoslate.com/interview-with-decreds-ceo-jake-yocom-piatt/

worth read

The Importance of Governance: Analyzing the Aftermath of the Monero Hard Fork

https://btcmanager.com/the-importance-of-governance-analyzing-the-aftermath-of-the-monero-hard-fork/

...........Several projects are determined to solve blockchain governance. Cardano and Tezos both promised to implement an on-chain governance system, but at the moment of writing, neither of them has a functioning public blockchain. Dash and several other projects have successfully implemented Masternode systems that help govern the network, but changes to the consensus rules are still enforced by the core development teams. So far, in the author’s opinion, the only project that has successfully implemented trustless on-chain governance is Decred. To understand how we can update the consensus rules while avoiding the Monero scenario, we should examine this functioning governance model.

Decred has developed an innovative hybrid PoW and PoS (proof-of-stake) blockchain. PoW miners have the same role as the miners in Bitcoin and Monero. New are the PoS voters, who verify whether the PoW miners have applied the most recent consensus rules. Proposals to change the Decred consensus rules are settled with an on-chain vote. Before the vote, the changes are included in a new version of the software in a dormant state. The vote begins when a majority of the network is running this new software and lasts for 8064 blocks (roughly a month). The proposal passes when 75 percent of the non-abstaining voters vote Yes. The accepted changes activate automatically after another 8064 blocks, in order to give the remaining network participants time to update. With this system, Decred is more resistant to forks without majority stakeholder approval. Furthermore, the Decred project has introduced Politeia to streamline the off-chain governance processes. The novel blockchain governance model of Decred has proven itself multiple times and has successfully protected the network against malicious chain splits to this date.............

China's largest mobile app | WeChat's mini wallet is being tested on NEO Testnet by China's open source community, NewEconoLab.

https://twitter.com/NewEconoLab/status/985793229445459968

Restore Contract Code at 0x863DF6BFa4469f3ead0bE8f9F2AAE51c91A907b4 #999


https://github.com/ethereum/EIPs/pull/999

worth read...
borderline genius.....

A Creative New Scam – Honeypot with a Private Key

https://bitfalls.com/2018/04/13/creative-new-scam-honeypot-private-key/


There’s no shortage of creative scams in the cryptocurrency world. While some will simply gather funds in fake ICOs and run away with them, others are borderline genius.

A recent Honeypot type scam is just like that.

How does it work?

Best scam I’ve ever seen:

1. Guy posts his MEW private key in a chat.
2. $5k worth of Minerium in it, no ETH for gas.
3. Half the people in the chat send gas to take it.
4. Smart contract. Auto-sends the $ETH to another address; keeps MNE in the account.

Fucking brilliant.

— The Shitcoin Sherpa (@ShitcoinSherpa) April 12, 2018

According to this tweet, our protagonist published the private key to a MyEtherWallet wallet. On that wallet was $5000 worth of Minereum. That’s a project that’s slowly dying but has a constant low value so it can be sold on an exchange for at least $4000.

If you’re not familiar with the concept of crypto wallets, please read this post.

Other chat participants, instead of warning the user that he’s publishing his private key and might lose money, hurried to rob him by importing the key into their own MyEtherWallet, expecting to grab the $5000 of MNE. But as with all Ethereum tokens, to send a token from an Ethereum address one needs gas. The wallet in question was empty of ether, and thus gas.

Would-be thieves started sending ether to the address in hopes of fueling it enough to send MNE out, and fell for the trap.

The author made a script which automatically sends all received ether onto his own personal address as soon as it comes in. The constant input of ether caused a constant flow of forwarded ether, and at the moment of writing 0.68 eth was collected.

Why Minereum?

The MNE in the account is actually just bait because Minereum differs a bit from other ERC20 tokens. Even if someone can make a faster script which sends the MNE before the author’s script sends the ether, they can only send 106 MNE even though the total amount of MNE is around 31500.

Minereum has two functions: balanceOf and availableBalanceOf. While balanceOf does show the full amount on an address, availableBalanceOf shows how much can be moved. Even if someone manages to send the full available balance of MNE out of the address, that’s just $17 while the collected amount is around $300 by now.

The address in question is actually one of the Minereum Genesis addresses – addresses the Minereum project was collecting at the beginning to launch their project on. These addresses got the initial amount of MNE which then “mines” the rest of MNE with mathematical algorithms. So balanceOf is actually the locked “mining” MNE, while availableBalanceOf is the mined, moveable MNE

A description of genesis addresses can be found at https://www.minereum.com/mining.

Greed knows no bounds, and that’s especially true in this new world of cryptocurrency. Be wary of other people’s mistakes as they might be just this type of scam. It’s always more profitable to be careful and approach things slowly than rush into risk for a quick buck.

BIC is a scam ico impersonating HOQU personnel

https://www.reddit.com/r/CryptoCurrency/comments/88hjyi/bic_is_a_scam_ico_impersonating_hoqu_personnel/

 the original HOQU staff



photoshopped BIC team



DYOR.......................

China’s New Central Bank Head Is Pro-Market, Could It Impact Cryptocurrency Industry?

https://thehodl.life/chinas-new-central-bank-head-is-pro-market-could-it-impact-cryptocurrency-industry/


...........The next target market for the Chinese government could be the cryptocurrency market, given that the Chinese government has not led additional initiatives to shut down cryptocurrency activities and projects within China. Blockchain projects from China such as VeChain and NEO are still able to continue their developments, because the Chinese government had banned the trading of cryptocurrencies,
BUT NOT STORING OR HOLDING THEM
.

Chinese cryptocurrencies
VeChain, NEO, and Qtum are all multi-billion dollar projects established and developed by teams located in China. In fact, the three cryptocurrencies are some of the largest cryptocurrencies in the global market, with NEO being the 9th biggest in the market with a $3.7 bln valuation.

Cryptweeter, a well-known cryptocurrency researcher, stated that state-owned media outlets including Yicai have offered extensive coverage of VeChain, a Blockchain project and cryptocurrency based in China:

“They have started to be picked up by mainstream media in China, most notably Yicai, who have been seen tweeting and retweeting a lot about VeChain recently. Yicai are state-owned and are one of the leading financial news and investment outlets in the country.”
Given the government’s support towards native Blockchain projects and initiatives, and the election of pro-market economists like the new PBoC head Yi, it could be likely that some pro-Blockchain legislation will be released in the mid to long-term.

Although the Chinese government has banned cryptocurrency trading, it is highly unlikely that this will continue to be the case, especially if PBoC head Yi continues his long-term initiative to liberalize the Chinese markets and its leading industries, like the payments and finance sectors.

worth see.....and pay attention

for to understand  why you invest in blockchain .....

Thomas Lee Presents The Economics of Cryptocurrencies | Upfront Summit 2018

https://video.genyoutube.net/GGberGnxiJk

It has been determined by our legal team that Japan, South Korea and China can participate in our ICO! Sadly, the US is officially blocked from the ICO but we are grateful for all of your support

https://twitter.com/neonexchange/status/979141843937054720?s=21

SIRIN LABS TOKEN INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors in the Sirin Labs Token Initial Coin Offering to Contact the Firm
March 22, 2018 11:23 AM Eastern Daylight Time
NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Sirin Labs AG (“Sirin Labs” or the “Company”).

Specifically, from December 12, 2017, to December 26, 2017, Sirin Labs conducted the Initial Coin Offering (“ICO”) of the Sirin Labs Token (“SRN”). By the end of the ICO, the Company had raised over $157 million from investors.

If you invested in the Sirin Labs ICO between December 12, 2017 and December 26, 2017 and would like to discuss your legal rights, click here: www.faruqilaw.com/SRN. There is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

Contacts
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330




https://www.businesswire.com/news/home/20180322005869/en/SIRIN-LABS-TOKEN-INVESTOR-ALERT-Faruqi-Faruqi

BROP Whitepaper: Insight into Chinese Government stance on cryptoassets and regulatory direction

https://www.reddit.com/r/CryptoCurrency/comments/87kpwd/brop_whitepaper_insight_into_chinese_government/

http://telegra.ph/BROP-Whitepaper-Insight-into-Chinese-Government-stance-on-cryptoassets-and-regulatory-direction-03-27

Fortuna(FOTA) 101 - OTC Derivatives on the Blockchain

https://www.youtube.com/watch?v=fVbPD_yw8y0

1st #Achain house is officially launched now! Located in Palo Alto, CA, where we hope to connect and work with brilliant minds around Silicon Valley and the whole continent. We invite you to visit us and we are also hiring staff. If interested, please send resume to hi@achain.com

https://twitter.com/AchainOfficial/status/978117516550488064

Technical Docs

https://tron.network/entechnical.html

Quantum-Safe Cryptocurrency: Challenges for the Future

https://www.ccn.com/quantum-safe-cryptocurrency-challenges-for-the-future/

..............
Play a Smart Defense

To combat this threat that quantum computers pose, some blockchain developers such as NEO are working on quantum-safe blockchains and cryptocurrencies. According to the NEO white paper:

NeoQS (Quantum Safe) is a lattice-based cryptographic mechanism. At present, quantum computers do not have the ability to quickly solve the Shortest Vector Problem (SVP) and the Closest Vector Problem (CVP), which is considered to be the most reliable algorithm for resisting quantum computers.

According to Open Quantum Safe, an open-source protocol for prototyping quantum-resistant cryptography:

Several mathematical techniques have been proposed for constructing quantum-safe cryptosystems, including:

hash functions

error correcting codes

lattices (including the learning with errors (LWE) and related problems)

multivariate equations

supersingular elliptic curve isogenies
..............

Fortuna black paper


https://i.redd.it/0e6bcjw2xbn01.jpg

worth read

Weekly Fortuna News, Issue 005

https://medium.com/@Fota/weekly-fortuna-news-issue-005-f74bf8061866

......It is worth mentioning that Z.T.’s speech on the topic of “Blockchain Based Solutions for Credit Risk and Operational Efficiency In the $483 Trillion Global OTC Derivatives Market” was highly recognized by financial experts including Greg Medcraft, the former Chairman of the Australian Securities and Investments Commission. Friends told me that Mr. Medcraft thinks highly of Fortuna. I felt very honored and also more conscious of the great responsibilities we undertake.........


We Need an International Discussion on Cryptocurrencies’: OECD’s Medcraft

https://www.ccn.com/we-need-an-international-discussion-on-cryptocurrencies-oecds-medcraft/

worth read

Don’t Trust an ICO That Launches on Ethereum

https://medium.com/devslopes-blog/dont-trust-an-ico-that-launches-on-ethereum-cbc8f285dd4c

Dr Deng's response to the few people who say the Intelligent Contracts feature is "impossible" or "marketing"
by kits_

https://www.reddit.com/r/MatrixAINetwork/comments/84o6fo/dr_dengs_response_to_the_few_people_who_say_the/


I emailed Dr Deng to ask about this and he took his time to offer a nice response.
xxxxxx,
Nice to know you're so familiar with our proposal. In our blockchain, a user defines their intention with a natural language, but the respective smart contract is still a program in a programming language. We provide tools for the conversion from an intention to a program.
The general problem of generating programs from natural language is certainly a hard one. Microsoft's deepcoder project illustrates the possibility to generate program from an algorithmic description with deep learning techniques, but it's still far from mature. On the other hand, programs for smart contracts are much more restricted in terms of underlying programming patterns. Our analysis on existing Ethereum code reveals that these programs can be covered by ~60 programming patterns. Therefore, our idea is actually simple:
A user defines their contract intention with a natural language (currently English and Chinese) in either spoken or written form.
A deep learning based procedure extracts the underlying patterns of transaction.
A library (which is constructed in advance) based procedure is used to generate the program by composing code for each pattern from snippets in the library
So you are correct. A user says something like "Send X MAN to Y address on condition Z", which is the simplest pattern, is one of them. It is then straightforward to generate the code for such a behavior.
Yangdong
I like particularly like the fact that they've already done the deep dive into the ETH contracts and deduced exactly how much work there is to do for the library to be useful (approx 60 patterns). Based on this, and the fact that the Chinese NLP implementation was done in December, means it seems reasonably far along!