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I chatted with an IM startup earlier this year who had strong relationships with creators who had large audiences, in the millions. The creators were on other platforms and they were flirting with joining this startup. From the perspective of these creators, their major frustration centered around (1) that they were bound to the sometimes bizarre and constantly-changing terms of the platform [can't say this or strike for that] and (2) they were heavily restricted by the fee's on the platform when it came to monetization.
Your idea for "a user-fare ecosystem of true free but non-harmful speech" could strike two birds with one stone here. If your system is somewhat decentralized [we can't take that down because we just don't host it] with an open and transparent means of payment where you monetize from the boosts and not torturing creators with unreasonable fee's , then I think you could be onto something. Luring a couple of the big creators onto your platform may start the snowball effect you'd need to overcome the strong moat twitter already enjoys and many have failed to overcome.
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is there a possibility to cancel the tokens he stole without having to migrate to a new contract?
If there is a line in the smart contract that allows you to freeze funds, you will be able to do it even if the funds are in wallets. Otherwise, you will need to completely change the smart contract. Generally, finding a vulnerability in a smart contract is not an easy so either your technical team has low technical knowledge or there is a possibility of an internal hack, in any case you need to study how the hack occurred to ensure that it does not happen again. The contract was audited by a reputable company, so slim chance it has any vulnerabilities, more likely an end device was hacked, but we're still trying to determine that, also, my team doesn't have low technical knowledge, I'm just conducting my own investigation to present some solutions during our meeting. suggest you share the contract if you want more informed opinions |
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So like the title says, our project got hacked, we don't even know the attack vector, how the wallets were accessed and the funds drained, we hired a security company and we're waiting on their report and following up with legal action as soon as we have some answers and IP addresses.
For now, I - a non-technical member of the team- have a question, is there a possibility to cancel the tokens he stole without having to migrate to a new contract? He used the tokens to drain our pool on the dex we're using, so it stands to reason that any liquidity we use to repopulate the pool will be drained in a similar manner.
depends on a number of variables. without details of the token/contract one cannot say for sure. "we don't even know the attack vector" how well do you know your team? |
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Is this option generally safe?
With reputable sources: yes. With an anonymous gentleman who calls himself BitcoinMoses / Satoshi Nakamoto: probably not. |
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Avoid at all costs, this looks like a scam  :I. yeeurp |
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youll be lucky if bitcoin isnt shut down globally and all the bigshots executed at this point. fucking god damned evey cfucking day it dreops
cheer up bud, it's not as bad as you think it is. |
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So I leave all the reputable exchanges where I could be able to conveniently buy Bitcoin via the OTC option only to contact "BitcoinMoses" so that I can purchase the Large amount of Bitcoins from him. Wooow, you must be a very big joke, just like the claim on your signature that you are Satoshi Nakamoto  I reckon OTC trading the likes of which is described here is a fantastic way to get yourself murdered. |
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Little bit of upside noise, but the main prediction remains perfectly intact as we remain within the predicted bear channel. Bitcoin will never reach $100k.
Ohh shit!... I was just thinking, when were you going to post! and bam! there you are! BUY signal guys!.. best TA you ever need! proudhon post = BULLISH! YES!!!! This brings back so many great memories. https://www.youtube.com/watch?v=A7TuFy0fcuwNever forget.. |
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Why is it the best way to sell and buy Bitcoin?
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.. with an emphasis on scalability, simplicity, and reliability ..
This is so interesting. I'm curious to learn more about what is involved so please be patient with me. Would you mind briefly sharing some of the challenges that go into maintaining a pool? For example, what is the nature of the costs and what other variables are involved (users, bandwidth, servers, coin type??) in maintaining a pool that scales? If you could point to a resource or two where I could do some reading that would be great too. So just building a pool and getting people to mine on it is pretty simple, the easiest way is to just rent a server and install Foundation or some other pool source on it. Your costs initially will mainly just be those server fees, and you can charge a fee as a developer cut for every block that you find. Depending on your server and number of miners on the pool, this may/may not make you that much, if any money. Regarding challenges, while I think Foundation is pretty easy to setup + manage, it still takes some knowledge to debug any issues. The main point of being a reliable mining pool owner is being able to ensure uptime, as every second that your pool is down, your miners are losing money. If you can't guarantee that, it's very likely that your miners will choose to go elsewhere. Once you get enough miners to where you decide to put more work into the mining pool though, there's a few routes you can go: 1. Multiple stratum servers in different regions 2. Multiple/fallback daemons 3. Get better/dedicated servers The point of each of these is not only to allow your mining pool to be able to handle more miners, but also to improve reach and lower latency. But either way, you'll have to draw those conclusions from your miners and make decisions accordingly. Thanks for this. I have some follow-up questions: 1. What would the single largest incentive be for a miner to check out a new pool? Is it safe to assume that it's just uptime? 2. Can you speak more on the resources required to support more miners within the context of your system? Is it a function of hash throughput, the number of miners connected for example? How does one scale up if so, is it a matter of throwing more cores/disks/memory at the problem? possible to shed some light on how these resources relate to scaling the pool? Not looking for super meticulous detail, would really appreciate just a ballpark idea. |
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.. with an emphasis on scalability, simplicity, and reliability ..
This is so interesting. I'm curious to learn more about what is involved so please be patient with me. Would you mind briefly sharing some of the challenges that go into maintaining a pool? For example, what is the nature of the costs and what other variables are involved (users, bandwidth, servers, coin type??) in maintaining a pool that scales? If you could point to a resource or two where I could do some reading that would be great too. |
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Hi all,...
is it okay if i use exchange wallet as user? i mean is there any posibilities if i hit a block, the reward will gone if the exchange forbid mining reward?
thank you...
this has been discussed previously. rule of thumb is to err on the side of caution: don't use the exchange wallet. |
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curious, if you don't mind sharing, what will you use the cluster for? |
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Here is a quote by C. S. Lewis Probably the best way to go I guess "If we are all going to be destroyed by an atomic bomb, let that bomb when it comes find us doing sensible and human things—praying, working, teaching, reading, listening to music, bathing the children, playing tennis, chatting to our friends over a pint and a game of darts—not huddled together like frightened sheep and thinking about bombs. They may break our bodies (a microbe can do that) but they need not dominate our minds." That is a bunch of BS.  .. It is called 'ignorance' what that guy is talking about. Not being a sheeple is taking a knife and going to stab the hell out of that guy with the bomb before he does anything with the momb. What if he never had the bomb to begin with? |
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Let's say you have $100,000USD and you're dealing with a currency that is rapidly losing its value versus the USD, in this case take TRY.
You're a soothsayer and know that TRY is going to hell in a hand basket, so here's one way to profit:
1. Take a loan for the equivalent of $100,000USD in TRY; use your USD as proof that you can pay the loan in a heartbeat
2. Once you have the loan, push your $100,000USD out of the country. Leaving it in the same country as TRY makes it subject to forfeiture and forced conversion that is inevitable in order to protect TRY
3. Use the loaned TRY to buy real estate (preferably in a dense urban area). You don't want to buy rural because of the taxes. You want to buy urban because of commercial real estate potential
4. As TRY continues to lose value, siphon small amounts from your USD to pay the interest of your TRY loan
over time you will profit like a king.
Yeah,right.That's a genius plan.I wonder why almost nobody is doing it and making millions. 1.I don't think that exporting 100K USD outside of Turkey is legal,but I'm not sure. 2.No bank is going to give you loan,knowing that you might get out with the money into a foreign country. 3.The banks usually want collaterals that are bigger than the amount you want to borrow.120%-130% 4.There are some fees,when applying for a loan.You would also need to provide a business plan for the loan. 5.At some point,the Turkish central bank will raise the interest rates.All the banks in Turkey will also raise the interest rates.Good luck with paying off a loan,that has a big interest rate. 6.I don't get it.You want to convert the Turkish lira into USD before you export the money outside Turkey or after you export the money? Ah, okay, you know all the answers then.
Let's say you have $100,000USD and you're dealing with a currency that is rapidly losing its value versus the USD, in this case take TRY.
You're a soothsayer and know that TRY is going to hell in a hand basket, so here's one way to profit:
1. Take a loan for the equivalent of $100,000USD in TRY; use your USD as proof that you can pay the loan in a heartbeat
2. Once you have the loan, push your $100,000USD out of the country. Leaving it in the same country as TRY makes it subject to forfeiture and forced conversion that is inevitable in order to protect TRY
3. Use the loaned TRY to buy real estate (preferably in a dense urban area). You don't want to buy rural because of the taxes. You want to buy urban because of commercial real estate potential
4. As TRY continues to lose value, siphon small amounts from your USD to pay the interest of your TRY loan
over time you will profit like a king.
Well, some points are already explained on previous post but I'd like to add that even if you are lucky with your own roadmap you gonna be very surprised when you find that real estate prices are not rising as fast as TRY inflates and since you can buy and sell real estate in TRY then by buying real estate you will get an asset closely tight to TRY rates. Ofc it is better than burning your money in inflation but it is still a bad example of investing. In your example it would be much better just to buy USD (or stablecoins) and later repay your loan. Hahah. Okay you guys know everything. Power to you, and good luck! [moderator's note: consecutive posts merged] |
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We know markets will crash and huge deflation...and economy will melt down....but is there any good ways make good profit out of this chaos? Other then just betting on short positions ? Any other ways to benefit of this global crashes and bankcrypcies around the world?
Right now we know we can do a lot shorting the market but what else gives nice profit ?
Let's say you have $100,000USD and you're dealing with a currency that is rapidly losing its value versus the USD, in this case take TRY. You're a soothsayer and know that TRY is going to hell in a hand basket, so here's one way to profit: 1. Take a loan for the equivalent of $100,000USD in TRY; use your USD as proof that you can pay the loan in a heartbeat 2. Once you have the loan, push your $100,000USD out of the country. Leaving it in the same country as TRY makes it subject to forfeiture and forced conversion that is inevitable in order to protect TRY 3. Use the loaned TRY to buy real estate (preferably in a dense urban area). You don't want to buy rural because of the taxes. You want to buy urban because of commercial real estate potential 4. As TRY continues to lose value, siphon small amounts from your USD to pay the interest of your TRY loan over time you will profit like a king. |
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Senators look to lock down Russia's gold reservesA bipartisan group of senators is introducing a bill to prevent Russia from liquidating gold to withstand biting sanctions.
Why it matters: The sanctions against Russia have frozen the country's foreign exchange assets, but its stockpile of gold could be a lifeline. A measure to close the loophole is yet another indication Congress is looking to get ahead of the Biden administration on punitive measures against Russia. Is this really necessary? Who will buy "physical" gold from Russia? Who would trust them with the delivery? What if the play is not to sell gold, but simply increase demand for it? And in doing so make its cache far more valuable. Will sanctions extend to China? Probably not. https://en.sge.com.cn/How does Russia recoup losses incurred thus far and inflict some pain of its own? -> Reprice oil & LNG in terms of gold with a price that works in Russia's favor. |
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grrr 13x to less, but 10,5h to go. keep the fingers crossed
..
so close! |
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- Also want to confirm the - p (password) to be entered can be any random generated password and there is no need to enter this password in the cgminer backend?
- If I wanted to occasionally rent some hash I would use the same pool address (cgminer -o stratum+tcp://solo.ckpool.org:3333 -u xxx.0 -p xxx) with possibly a different "xxx.worker" name ?
Yes to both |
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