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October 19, 2018, 11:13:07 PM *
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1  Other / Meta / Re: Report plagiarism (copy/pasting) here. Calling for Mod action: please permban on: Today at 09:02:30 PM
User: likeprotocol

Copy and paste:

Just stumbled upon this article from Mike Orcutt. Man, this can leads to major discussions (eager to see it, though).

Perfect Online Privacy

True internet privacy could finally become possible thanks to a new tool that can—for instance—let you prove you’re over 18 without revealing your date of birth, or prove you have enough money in the bank for a financial transaction without revealing your balance or other details. That limits the risk of a privacy breach or identity theft.

The tool is an emerging cryptographic protocol called a zero-­knowledge proof. Though researchers have worked on it for decades, interest has exploded in the past year, thanks in part to the growing obsession with cryptocurrencies, most of which aren’t private.

Much of the credit for a practical zero-knowledge proof goes to Zcash, a digital currency that launched in late 2016. Zcash’s developers used a method called a zk-SNARK (for “zero-knowledge succinct non-interactive argument of knowledge”) to give users the power to transact anonymously.

That’s not normally possible in Bitcoin and most other public blockchain systems, in which transactions are visible to everyone. Though these transactions are theoretically anonymous, they can be combined with other data to track and even identify users. Vitalik Buterin, creator of Ethereum, the world’s second-most-popular blockchain network, has described zk-SNARKs as an “absolutely game-changing technology.”

For banks, this could be a way to use blockchains in payment systems without sacrificing their clients’ privacy. Last year, JPMorgan Chase added zk-SNARKs to its own blockchain-based payment system.

For all their promise, though, zk-SNARKs are computation-heavy and slow. They also require a so-called “trusted setup,” creating a cryptographic key that could compromise the whole system if it fell into the wrong hands. But researchers are looking at alternatives that deploy zero-knowledge proofs more efficiently and don’t require such a key.


Archived: http://archive.is/8Hl01

Original:

https://www.citi.io/2018/03/13/top-breakthrough-technologies-for-2018-perfect-online-privacy/

Quote

True internet privacy could finally become possible thanks to a new tool that can—for instance—let you prove you’re over 18 without revealing your date of birth, or prove you have enough money in the bank for a financial transaction without revealing your balance or other details. That limits the risk of a privacy breach or identity theft.

BREAKTHROUGH
Computer scientists are perfecting a cryptographic tool for proving something without revealing the information underlying the proof.
WHY IT MATTERS
If you need to disclose personal information to get something done online, it will be easier to do so without risking your privacy or exposing yourself to identity theft.
KEY PLAYERS
Zcash; JPMorgan Chase; ING
AVAILABILITY
Now
The tool is an emerging cryptographic protocol called a zero-­knowledge proof. Though researchers have worked on it for decades, interest has exploded in the past year, thanks in part to the growing obsession with cryptocurrencies, most of which aren’t private.

Much of the credit for a practical zero-knowledge proof goes to Zcash, a digital currency that launched in late 2016. Zcash’s developers used a method called a zk-SNARK (for “zero-knowledge succinct non-interactive argument of knowledge”) to give users the power to transact anonymously.

That’s not normally possible in Bitcoin and most other public blockchain systems, in which transactions are visible to everyone. Though these transactions are theoretically anonymous, they can be combined with other data to track and even identify users. Vitalik Buterin, creator of Ethereum, the world’s second-most-popular blockchain network, has described zk-SNARKs as an “absolutely game-changing technology.”

For banks, this could be a way to use blockchains in payment systems without sacrificing their clients’ privacy. Last year, JPMorgan Chase added zk-SNARKs to its own blockchain-based payment system.

For all their promise, though, zk-SNARKs are computation-heavy and slow. They also require a so-called “trusted setup,” creating a cryptographic key that could compromise the whole system if it fell into the wrong hands. But researchers are looking at alternatives that deploy zero-knowledge proofs more efficiently and don’t require such a key.
2  Bitcoin / Press / Re: [19/10/2018] Slain Bitcoin Investor Was Cashing out to Buy an Apartment on: Today at 08:19:35 PM
Well, he made himself a target when he started opening his mouth about his crypto investment. I'm positive though that the culprit can be caught. Authorities can narrow down the suspects, (friends and/or the person he exchanges with). Another lessons to be learnt here, don't talk about your crypto investments and don't keep huge amount of cash. Just sad that at 24 years of age, his life was taken by those f**ers. Hope justice will be serve in this one.
3  Bitcoin / Project Development / Re: Best exchange Market on: Today at 07:53:23 PM
Interesting. I checked the post of the OP and it seems this account just serves two purposes only. (1) to join bounty and (2) to advertise or shill projects.

very good project...must this coin future very bright

hello everyone..This is a on of the best coin and best community.. try and make BitEsprit best project


Good project with a good team...and too much love this project



I'm sure that this is part of a big farm accounts being paid to bump projects. If in the next couple of days we see newbies bumping Mercatox, its obvious that they're being paid and should be at least red tag or worst ban them in one full sweep.
4  Bitcoin / Bitcoin Discussion / Re: Is Facebook against Bitcoin? on: Today at 07:29:26 PM
Facebook is not against Bitcoin but rather intends to avoid the situation of misleading its community members through its paid advertisement. Users of facebook can post crypto and Bitcoin related topics on facebook without any penalty.

Similar or related threads:

Facebook lifts ban on crypto ads
Facebook reverse crypto advertisement ban
Facebook lifts crypto advertisement ban amid rumors of coinbase takeover



There are also some rumors that Facebook is going to launch its own currency although I don't believe much in that.

Well that rumor has been circulating for month, Facebook Plans to Create Its Own Cryptocurrency. There's too much money to made in crypto perhaps they wanted a piece of the action. So don't be surprise in the next 2-5 years if they released their own tokens to facilitate some form of payment on their social platform.
5  Economy / Reputation / Re: Yobit pump, seriously ? on: Today at 06:55:17 PM
First i apologies if this was discussed elsewhere, i made a quick search and failed to found a topic talking about it.

Well, I received an email from yobit, as a previous user of this shady exchange, where they mentioned that they will make a pump action.
I neglected it before reading it again where they stated that they will pump a coin with 1 btc each 1-2 minutes 10 times (total of 10 btc)... Best part is stating the possibility of loses and the no refund policy  Wink
(for more information : https://mobile.twitter.com/YobitExchange)
Seriously, how could an exchange do this!! It is shameful. Wonder know if they do it also in secret.

Tl;dr : avoid this exchange.

Here's a previous thread discussing about Yobit pump, The Official Yobit Pump. Obviously, their action really speaks how shady this exchange is. Never to be trusted.
6  Economy / Marketplace / Re: WHY INVESTORS (INVESTORS) SHOULD ATTEMPT TO ETH AT THIS TIME? on: Today at 01:32:16 PM
The article was back and forth and not much to really learn because for me, I don't depend on these histories to hold a coin. I  decide base on what I'm viewing from my system immediately. I look at the future of the coin and uses.

At least he gave us a good price history of Ethereum, although we all know that most of the time, past performance or history doesn't mean future successful in this market because of so many factors like volatility and supply and demand.

For the analysis, I could say price was reacting according to the need for the coin and rejection too.

Definitely, every coins reacts as to how the investors perceived it. We have seen Ethereum up's and down's this year. Who would have thought that after hitting a all-time-high last January, it will suddenly go on a downward spiral worst than bitcoin?



As for the personal view of the OP, You should also consider that Ethereum bagholders are usually ICO project and as this bear market, they will easily dump it if necessary. They need funds to channel out in their operations so its really hard to grasp as to where the price could go.
Ethereum is the second biggest coin in the crypto market and due to huge dips in bitcoin price investors now turning towards Ethereum. It is the best Altcoin and the future of it is very shining. Investors can make big money from holding their Ethereum for long time. Although the price of ETH has also dropped a lot because of the market bad situations but now it is rising again.

Are you serious? Ethereum nosedive almost 90% from its previous all-time-high and you think that investors are going to stick? Wake up, investors are getting smart and they constantly shifting or moving their funds and bitcoin market is profitable as compare to altcoins specially Ethereum. And besides, EOS and XRP are slowly gaining as well, so its going to be very hard for Ethereum to get to another all-time-high, just saying.
7  Bitcoin / Bitcoin Discussion / Re: 25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019 on: Today at 01:09:44 PM
this article is mostly advertising that "company" there may not even be 25000 online stores to accept anything in first place either since the source website is not a known one and specially since OP is just advertising his own website to generate traffic i wouldn't take this type of news seriously.
news sites like this have a track record of "creating news".

Exactly, lately I'm been noticing a lot of post that points to that website so I'm sure that someone is really working hard here to promote that website. Anyways, I search and it looks like a lot of crypto related news have reported this so its probably just a spin article. I think its official though, (https://twitter.com/UTRUST). They have strategically targetting EU markets and they have partnered with Gambio.de (https://www.gambio.de/). It says that the Gambio powered stores attributes 30% of e-commerce revenue in Germany so its going to be interesting how this partnership will evolved. The 25,000 figure came the Gambio website itself.
8  Other / Beginners & Help / Re: [Basics Guide] How to check token balance in digital wallet! on: Today at 12:42:11 PM
~ snip ~

Most of them had only minimal amount of token stored on it. Probably most of the bounty hunters are poor.

Anyway, this is only I can afford for the newbie here since I am also newbie in this forum.

PS. Users that are expert are welcome also on their inputs.

Because majority of bounty whores doesn't hold their tokens that long. They will simply dump it the moment projects pay them. It makes sense though, as they have work for it for several weeks and even months.

9  Bitcoin / Legal / Re: Chinese man jailed for 3.5 years after stealing electricity to mine bitcoin on: Today at 10:58:22 AM
Why do humans resorted into illegal things for the seek of money??

Greed.

We are too attached to material things that we wanted but we don't particularly need.. This man just an one pity example and this will make a lesson learned the hard way.. 3.5 years is like a lifetime for an amount of bitcoin can be accumulated in legally with an effort to do so..

China isn't a place to do such thing,, it has harsh punishment for such actions..

I'm sure that he knows what's coming, he took the risk and now paying for it. Yes, China law is really tough, that's why the crime rate is down, but Chinese still find ways to give it a try, if they can get away with it, its fine, but its a life and death situation for someone if they're caught. So he have to pay for it and serves 3.5 years for stealing electricity. Even high officials being caught for corruption can't do anything about the anti-corruption campaign of Pres. Xi. So I think its fair and he deserves the punishment.
10  Bitcoin / Project Development / Re: HOW I AVOIDED BEING AFFECTED BY THE BITCOIN PRICE FLUCTUATION on: Today at 10:22:48 AM
LOL. The site itself is not secure then how can you trust them with you money?

Quote
Domain Name: ALLCOINHODLER.COM
Registry Domain ID: 2294027387_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.hostinger.com
Registrar URL: http://www.hostinger.com
Updated Date: 2018-08-05T14:39:04Z
Creation Date: 2018-08-05T14:39:03Z
Registry Expiry Date: 2019-08-05T14:39:03Z


Fairly new so I really doubt that this newbies are just a paid shill. And as @eternalgloom, 100% HYIP. And please don't fall for this trap, sooner or later you will lost everything, guaranteed.
11  Economy / Trading Discussion / Re: OPINION NEEDED - Building a wiki-like free project about world of crypto trading on: Today at 07:41:37 AM
How about opening the beginners eye on the different exchanges we have and give them the difference between centralize and de-centralize exchange and advantages/disadvantages? You can also discusses the risk of keeping huge funds in an exchanges. And then slowly introduce them to order books, stop losses. And if you wanted to go Technicals then you can add that to the last section as well.
12  Bitcoin / Press / Re: [2018-10-18] Binance Partners with Chainalysis to Stamp Out Money-Laundering on: Today at 06:51:56 AM
It looks like to me the CEO of Binance is really aiming for future-proofing their company, with a big goal of expanding their business to the world they will be increasing their chances of becoming an accessory to money laundering and other criminal activities. With this partnership is proven effective they will properly detect the potential accounts being used for this activities. But the problem that lies here is will the government accept their solution as means of AML? Or will they be asking for another solution, the one that is suitable for their demands?

Yeah probably they are thinking way ahead that's why they needed to do this sort of partnership to show that they can't be taken advantage by those people in using their platform to hide money launderers. Just recently, though CEX.io is requiring additional info so we might see a lot of exchanges asking more pertinent data so its really up to us if we are comfortable giving them everything, just saying. I think its enough for government t satisfy their AML qualifications though, unless they think its not sufficient anymore, they might revise it in the future.
13  Economy / Trading Discussion / Re: CEX.IO additional application form. on: Today at 06:26:08 AM
So i've account on CEX.io for few years. I have confirmed identity vertificatin (KYC).

However they ask me to fill also their application form pdf.  I uploaded it to my google drive: https://drive.google.com/file/d/1fO7ypHnzsNVaX-W1W4uTboBUJ_2YQwoB/view?usp=sharing

They ask info about source of fund, employement, phone number of employer, facebook account etc...

Has anybody filled this?

I'm not fine with this.

Simply, if you're not comfortable by it then don't provide the info. I guess they really need to comply to some regulatory framework (KYC/AML). I'm not using CEX.IO, but I was "forced" for additional info just for the sake of exchanging my funds from bitcoin->local fiat.
14  Other / Politics & Society / Re: Will Cryptocurrency be affected by a Brexit No Deal on: Today at 06:10:12 AM
I'm leaning towards crypto gaining because of Brexit, for the simply reason that people will likely go to Bitcoin to protect their assets in case GBP crashes. Although there are lots of main driver in the price of bitcoin, I think some political movements around the world really affected the price. If someone can plot a graph and see the correlation, regarding EU's referendum in the UK (if I'm not mistaken around June?)as to the price of Bitcoin then perhaps we might see if there's some sense in our theory.
15  Bitcoin / Bitcoin Discussion / Re: blockchain.com via Twitter: "Something "big" is coming" on: Today at 05:53:23 AM
Roger Ver are rumoured to have a huge influence and investment in Blockchain.com, so I would expect that he would be pushing for something that are linked to BCash.  Roll Eyes

I think they might partner up with a large exchange and change their business plan, like Circle did a few years ago. They might even make BCash their default coin.  Roll Eyes

A Trezor or Ledger partnership would be a positive move.  Tongue

Roger Ver has plans to launch its own trading platform and make Bitcoin Cash (BCH) their base currency, (https://blockonomi.com/roger-ver-exchange/). And it also says that he is looking for partner or something but I'm not sure if he has tied up to Blockchain.com to create this new exchanges from ground up.
16  Bitcoin / Legal / Re: Bitcoin country on: Today at 01:00:16 AM
If countries chooses to go full anti-crypto then they're definitely loosing a lot of opportunity specially for their people to invest and make money out of the market. I still do believed that if regulations are put into place, more nations that's in the gray area right now will shift and support crypto's.  And besides there are ways to circumvent a total ban. So its really hard not for countries to at least regulate it as its this so called 4th revolution is unstoppable.
I think what will change their mind is if they are seeing this crypto-friendly countries benefiting economically from the acceptance of cryptocurrency. They will have FOMO and will make them re-think their views to the cryptocurrency industry. This is not far from happening as countries will always want to have a piece of the pie. Also what I think would change this is if the United Nations somehow come up a international standard/law where all countries can finally based their legal framework on.

I think G20 members is already drafting some kind or regulations or legal framework so we will have to see about that. But for me, we really don't need some global regulations, nations should self-regulated and I disagree with the idea of a single regulatory body. If country see's the full potential then they should go for it and not wait for world governing body to make decisions for them.

@Gaff - I really don't understand the war scenario though, would you consider trading war? I'll be happy to see your explanation specially about "country to danger like engagement to a war."
17  Economy / Economics / Re: Watch out Wall Street, Blockchain is Coming: Fmr. JPMorgan Exec. Blythe Masters on: Today at 12:41:19 AM
I totally agree with the supply chain narrative. Heck, I used to support logistics and supply chain applications for about 6 years while I'm doing corporate jobs and damn it was really big and too complex. Blockchain technology will somewhat alleviate the intricacies of the whole system. Like documenting all the facets of the system, from changing of inventories to the actual product itself, so blockchain is a game changer in that industry.
18  Economy / Gambling discussion / Re: Tennis League All Thread on: Today at 12:06:04 AM
@vella85 - True. That's why I said that his knees should be completely healed before he starts to compete again. He is a competitor though and sometimes they really make a bad situation just because of the stakes at hand. Well, Murray case proved that eventhough our mind wanted to play and compete but our body says otherwise, sooner or later it will give up so Nadal needs to take that into account as well.
19  Other / Meta / Re: Report plagiarism (copy/pasting) here. Calling for Mod action: please permban on: October 18, 2018, 01:24:59 PM
User: andersonriley

Copy and paste:

Trust. Safety. Efficiency.
A track record of success is hard to find in this rapidly evolving cryptocurrency industry, and we are proud of our reputation for an easy, hands-on consultative approach with each new client. Work with our team of professional BlueOcean.CC Cryptocurrency Advisorst to handle all your retail and large block transactions with safety and security. Our role is to make sure you are educated and prepared to make the most of your crypto investment. Simply put, we offer the easiest, most efficient and legal way to enter the cryptocurrency market.

Private Client
Our BlueOcean.CC Crypto Advisors are here to help you with crypto investments and transactions. With experience trading all top cryptocurrencies, our team will ensure your purchase is quick and efficient while maintaining security and safety.
Institutional Transactions
Our dedicated BlueOcean.CC team is here to ensure the process of on-boarding, crypto investing and transacting is seamless and efficient.


BlueOcean.CC is a cryptocurrency portfolio advisor that specialises in cryptocurrency investment. We actively manage a diversified crypto portfolio, consisting of more than fifty different types of these digital currencies. There is a great variety of cryptocurrencies, each developed for different purposes, based on different fundamentals. BlueOcean.CC thoroughly analyses those fundamentals and invests in cryptocurrencies that have a promising value proposition, providing utility to its users.

Growth
Innovative developments are moving extremely fast and are constantly gaining more traction. We expect market adoption of blockchain and cryptocurrencies to continue to increase over the coming years.
Liquidity
Contrary to many asset classes, cryptocurrencies can be traded at any moment in time. The market never closes. This high degree of liquidity makes an investment in cryptocurrency highly flexible
Protection
During times of economic crisis and uncertainty cryptocurrencies tend to thrive. As an independent store of value cryptocurrencies can act as a good hedge against fiat currency devaluation.
Diversification
Diversification spreads risk and reduces volatility. Cryptocurrencies are non-correlated with traditional asset classes, providing diversification and optimising the risk reward ratio of any investment portfolio.

Archived: http://archive.is/WPtXj

Original:

https://www.coinme.com/crypto-advisory-services-1/

Quote

Trust. Safety. Efficiency.

A track record of success is hard to find in this rapidly evolving industry, and we are proud of our reputation for an easy, hands-on consultative approach with each new client. Work with our team of professional Crypto Advisors to handle all your retail and large block transactions with safety and security.

Our role is to make sure you are educated and prepared to make the most of your investment. The tax codes are constantly changing and there have been a number of fines and penalties added each year that may impact your returns. We will keep you in the know.

Simply put, we offer the easiest, most efficient and legal way to enter the cryptocurrency market.
20  Economy / Economics / Re: Data is the new oil energy source on: October 18, 2018, 10:20:30 AM
~ snip ~

I would be interested to know what people believe the next hot commodity will be in the era succeeding an information age. Will it be defined in terms of AI? Perhaps some other innovation or breakthrough?

Probably advance AI in the future. Imagine robots being self-aware (scary though) and be all over the society. From helping doctors or doing advance diagnostics accurately or even in crypto and stock trading itself, bots beating the markets. However, we all know that if AI bots took over, it will have a toll on an taking away jobs from regular people like us. Our society will transform but I don't know, if this could spell doom for us humans. Sad
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