Crypto_2.0 / dump /{ data }

[BitcoinNational]

NEM - Totalitarian Censorship & Poorly Run Community https://bitcointalk.org/index.php?topic=1530781.0

ARDOR / NXT2.0 https://bitcointalk.org/index.php?topic=1522298.0

WAVES. Ultimate crypto-tokens blockchain platform. https://bitcointalk.org/index.php?topic=1387944.0 March 05, 2016

The Stratis Foundation http://stratisplatform.com/

[BitcoinNational]

| ANN | Espers [ESP] | New Algo | New Features In Development | Reverse-ICO | https://bitcointalk.org/index.php?topic=1434700.0
143 Billion Coins r=50k

[BitcoinNational]

SECfund https://nxtforum.org/assets-board/%28ann%29-secfund/80/

Stellar Build Challenge Will Award 2B+ Lumens
Jed McCaleb, June 28, 2016
https://www.stellar.org/blog/build-challenge/

[BitcoinNational]

In another thread, the Decentralized Exchange (DEX) thread, I outline the projects aiming to eliminate the need for trusted third parties from cryptocurrency exchange and why they are necessary. Consider that this thread's "sister thread" (https://bitcointalk.org/index.php?topic=1338970). However, I think it is important to split up the topics. No matter what DEX solution ends up being most popular/ideal, it has no bearing on which Market-Pegged Asset (MPAs) solution is most popular/ideal. They should each be judged separately, and then combined to form the most ideal solution. Thus, two threads are needed so the judging is of each components is not commingled or tainted.

Functional MPAs, or in other words derivatives, must exist in order to eliminate the need for trusted third parties in cryptocurrency commerce and trading. What exactly are market-pegged assets you say? The definition that will be used in this thread is any cryptocurrency-like token that closely resembles the value of its real-life counterpart (USD, EUR, Gold, Silver, GOOG, AAPL, NASDAQ, S&P 500, etc.) over an extended period of time in an autonomous, free market-based and decentralized manner.

Why are MPAs necessary? The whole point of using a DEX is to rid ourselves of trusted third parties. Trusted third parties (centralized exchanges) inevitably result in the exchange being hacked or theft of the cryptocurrencies traded, and therefore end in insolvency. It is not a matter of if, but instead a matter of when. MPAs are necessary in order for market participants to have a similar trading experience as they are accustomed to today, and to allow them the flexibility of being able to diversify their wallet or investment portfolio. Ideally, someone should be able to store value in stable-value MPAs, commodity-based MPAs, stock-based MPAs, and index fund-based MPAs (among others.) MPAs also open the door to many different use cases and have essentially an unlimited amount of utility, bounded only by our imagination. For instance, being able to transact in a FIAT-based MPA allows e-commerce sites (or decentralized markets, etc,) to transact in a stable cryptocurrency. Some users may not want to be subject to the wild swings of regular non-market-pegged cryptocurrencies. There are many use cases for MPAs that have nothing to do with DEXs.

This thread is intended to track the development and features of MPAs. Feel free to bump the thread with updates or new projects. I am not really sure which design is best at this point. This is intended to be a neutral thread, but feel free to discuss the pros and cons of each implementation. Which design is the best, or is the best solution yet to come? What ideas (if any) do you have to improve the MPAs' designs? Do you know of any other MPAs in existence/development?



(in alphabetical order)


Bitcoindark's PAX (Pegged Assets Exchange)
Status: Vaporware
FAQ: http://bitcoindark.com/pax-faq.html
Infographic: http://bitcoindark.com/docs/pax-infographic.png
Website: http://bitcoindark.com/

Synopsis to come as soon as I have time...

Bitshares' SmartCoins
Status: Released
SmartCoin Overview: https://bitshares.org/technology/price-stable-cryptocurrencies/
Bitshares Whitepaper: http://docs.bitshares.eu/_downloads/bitshares-financial-platform.pdf
Website: https://bitshares.org/

Synopsis to come as soon as I have time...

MakerDAO's Dai
Status: Vaporware
Whitepaper: https://makerdao.github.io/docs/
Website: https://makerdao.com/

Synopsis to come as soon as I have time...

Nushares' Nubits
Status: Released, but in dire straights as of recently
Whitepaper: https://www.nubits.com/assets/nu-whitepaper-23_sept_2014-en.pdf
FAQ: https://www.nubits.com/about/faqs
Website: https://www.nubits.com/

Synopsis to come as soon as I have time...

[BitcoinNational]

This is one of the more ridiculous pumps I've seen a while. Number #3 with a $246 million cap from just 1,500 BTC trade on Bittrex of all places.

5    Steem Steem    STEEM    $ 124,147,709    $ 1.52    81,423,284    $ 422,195    6.09 %    117.56 %    562.59 %

I think many of these points are valid, but it's too early to say what will happen. As payouts decrease with the flurry of new users, it will be interesting what happens with lowered incentives. Fundamentally, a 100% inflationary system is hard to support.

It isn't an 100% inflationary system overall. The 100% inflation is applied to the liquid STEEM token to encourage people to shit or get off the pot. I.e. either power it up into Steem Power form or trade it to someone else who will. This ensures that at any given time most of the stake is locked and people owning it have incentives to care about the longer-term health of the system. Once in Steem Power form the effective inflation is much lower. The exact number varies depending on the percentage that is powered up but in practice will likely be single digits positive inflation. In theory it could be zero or negative inflation (unlikely though).

Did Steemit have an ICO?  I'm just wondering how it got funded.

https://steemit.com/steem/@smooth/steem-accounts-for-bitcointalk-users

http://steemstream.com/

https://blocktrades.us/

[BitcoinNational]

rollin hardforks

Hard fork has a bad stigma because to date it implies "emergency!", but Monero is changing that. These are planned rolling hard forks. Every 6 months there will be code freeze where the new changes could be implemented 7 months after that.

Example timeline(paraphrased from Fluffypony's example in the Monero Missive):

Feb 15th: code freeze, new version is tagged and released
March 15th: 6 month countdown begins
September 15th and later: Hard fork can be activated! but ONLY if 75-80% of the blocks mined in the past week have been mined with the latest version. if not, no fork!

I like this practice. It's proactive, the community knows about it, there is consensus, the fork does not happen until there are enough nodes mining on the new version. It keeps development resilient and allows improvements/changes/features to easily be incorporated without the *panic* and fighting that we see in other crypto.

Look how difficult it is for Bitcoin to change when it needs to.

I miss the part where decentralized means "no changes, ever". If the community decides in the future that a hard fork is not wanted, they can indeed overpower the core team by not using the new version.

This podcast presents a good explanation of the reasoning behind the rolling hard forks:
https://getmonero.org/2016/06/20/monero-missive-for-the-week-of-2016-06-20.html

- saddambitcoin

[BitcoinNational]

https://www.ardorplatform.org/

Ardor is the next generation blockchain-as-a-service platform. Built on the successful Nxt technology, Ardor is designed with unlimited scalability, safe smart contracts, and customizable child chains. These innovations boost business profits, efficiency, and security. Buy NXT today and own your piece of the Ardor blockchain. The average amount of NXT you hold from the 14th of July to the 12th of October will determine how many Ardor tokens you get with a 1:1 ratio. Read on to get your NXT today!

[BitcoinNational]

Steemit has absolutely no connection to circa-2009 Bitcoin tech.

It's part of the Bitshares ecosystem...
And though I've never been a fan of Bitshares...
Steemit is a very interesting experiment that could go big.

700 daily "active users" as of July 8th...
And the the hard part was getting that first, small critical mass of users.

There is a real feeling of excitement among Steemit users that bodes well.

700 daily "active users" as of July 8th...

700

700

market evaluated @ $500,000 each

ROFL_hyper_cubed

[BitcoinNational]

The recent “theft” of $60 million worth of Ethereum will go down in history as one of the major botches of crypto currency,somewhere between Paycoin and MT GOX.

--- Andrew Vegetabile / TheMage Litecoin Association Director
http://freepdfhosting.com/6047c65a73.pdf

[BitcoinNational]

Canadian Bank, Ripple and SAP Send First Int’ Blockchain Payment

Canadian bank ATB Financial has collaborated with Ripple and tech firm SAP to send the first international interbank blockchain payment to Germany’s ReiseBank.

ATB: Blockchain Success ‘Encouraging To See’

The 1,000 CAD transaction, which was completed in 20 seconds on a platform built in 9 days, represents a first in an industry where more and more players have been eyeing Blockchain’s potential.

READ MORE >>> https://news.bitcoin.com/canadian-ripple-sap-first-blockchain/

[BitcoinNational]

https://www.carvoyant.com/

[BitcoinNational]

ETH = R3

I got into alts because I wanted a slice of all the cash the eth miners were making at the start of the year.  I was mining btc but just not making enough cash, so I started mining eth.

What amazes me is how much the banks have come on board.  Just look at the market cap on ethereum.  That is not just forum users.
 
More than half of this forum is bitcoin chatter, the rest is altcoin chatter and only a small percentage of that are Ethereum threads.  Although https://forum.ethereum.org can get busy, no way does that site alone represent the full size of the market.  
I assume the source of all this money is from The R3 Consortium  (I.E.  Barclays, BBVA, Commonwealth Bank of Australia, Credit Suisse, Goldman Sachs, J.P. Morgan, Royal Bank of Scotland, State Street, UBS, Bank of America, BNY Mellon, Citi, Commerzbank, Deutsche Bank, HSBC, Mitsubishi UFJ Financial Group, Morgan Stanley, National Australia Bank, Royal Bank of Canada, Skandinaviska Enskilda Banken, Société Générale, Toronto-Dominion Bank,  Mizuho Bank, Nordea, UniCredit,  BNP Paribas, Wells Fargo, ING, Macquarie Group, Canadian Imperial Bank of Commerce,  BMO Financial Group, Danske Bank, Intesa Sanpaolo, Natixis, Nomura, Northern Trust, OP Financial Group, Banco Santander, Scotiabank, Sumitomo Mitsui Banking Corporation, U.S. Bancorp, Westpac Banking Corporation, SBI Holdings of Japan, Hana Financial of South Korea, Bank Itau of Brazil and Toyota Financial Services.)

So it will not die, nor will they jump ship onto another coin.  When it goes PoS in 6 months they will own it and there will be no miners just 250 validators.  And who will those validators be? R3?

They won't be worried about users because ethereum will be retro fitted to the back end of the current banking system.  It's sole purpose is to make 50% of of back office staff redundant in the world of banking, and the people mining and posting here will have facilitated it all.

All you can hope for is to ride the coat tails to make a little profit on the way.

As for the other alts...  Well they will just be hobby coins come 2017.

Sad but thats how i see it.

http://cointelegraph.com/news/r3-blockchain-consortium-adds-3-more-banks
R3 consortium of 43 banks announced a partnership that will help spur the adoption of distributed ledger technologies among R3’s members, in yet another sign of how established financial institutions and technology companies are racing toward what the industry sees as a distributed ledger future.

The technology, commonly called blockchain, promises to enable faster, more secure, more efficient and transparent financial transactions — not only for financial institutions but for individuals using the technology without middlemen and disrupting traditional financial services.

Microsoft will essentially provide “blockchain as a service,” in which the technology is accessed via the cloud similar to the way Google GOOGL -0.08% Docs offers word-processing software that the user need not download onto their computer.

[BitcoinNational]

http://daostock.com/

Token contracts. Digital startup shares. Crypto currencies.
All in one place. All stored in blockchain.

DAO Stock is an exchange platform where buyers and sellers perform transactions when trading digital assets (DAO contracts, Ethereum tokens, digital currencies) at a decentral location - public blockchain. DAO Stock is operated by a decentral autonomous organization that facilitates, verifies, enforces the negotiation and performs agents' contracts.

We store all the trading data in our private Blockchain so you can be sure that every little process and trade on our platform is not lost or compromised.

All our developments, taken together, can help you to trade more quickly and efficiently than ever, and the set of available currencies, assets and tools to work with will help focusing all of your trading interests at one convenient place!

Stay tuned!

[BitcoinNational]

6. Roko's Basilisk

Those familiar with the Terminator series will understand Roko's Basilisk theory which states the creation of an all-powerful artificial intelligence in the future may have repercussions if it tries to punish those who did not bring about its existence in the first place. It's a future version of Pascal’s wager which argues we should either be open to the idea of an all powerful AI right now or even go as far as to donate money to the development of an AI as a precaution in case of any future punishments. It even suggests that just knowing about AI now could mean punishment in the future!

[BitcoinNational]

https://steemit.com/@steemit/transfers

https://steemit.com/@ned/transfers

https://steemit.com/@dantheman/transfers


Those are steem founders's wallets, they own a shit loads of steem yes i know. They own about 80% of steem .


You know what's funny is that they tell you to power up but they are powering down all 3 accounts and cashing out $2 Millions every week.

And fools on poloniex are buying up all the steems hahah and best of all the founders's money is growing extremely fast so they have essentially set up a system where they could cash out $2M every week for life until the ponzi come crashing down of course but these devs are fucking geniuses.
And they get to decide what goes on the front page so obviously they chose to upvote boobs and steem praise, there is nothing better than vagina to prop up a massive bubble.

In 3 years all the new steem power that was created out of thin air to enrich the devs will be detroyed at a ratio of 10 to 1. So if you have 10 SP they will burn 9 from you and everyone else including themselves, But they don't care becasue in 3 years the devs will be in their private yacht  sipping mojito with lots of bitches while you will be powering down but it's gonna be too late my friend.

And you know what they say when you ask but why are you destroying 90% of my wealth in 3 year? They say don't worry  hopefully the price will increase to make up for it rofl It will not because they would have crashed it to pay for the yatch lol

RIP steem power holders.

[BitcoinNational]

https://www.reddit.com/r/EthereumClassic
www.GasTracker.io Ethereum Classic Explorer





Earlier this year Lisk & Waves had two very successful mega crowdfunding where Lisk raised about 15,000 Bitcoins and Waves 30,000 Bitcoins.
I invested in both of them and when the coins went on market - Lisk went up and Waves went down - that happens, it is crypto - not every ICO is a winner.
https://steemit.com/crypto/@fyrstikken/why-i-put-some-money-on-the-heat-ledger-blockchain-3-0

[BitcoinNational]

The design choice to give whales quadratic (votes x votes) influence

No, the post payouts are determined by some function based on sum(votes)^2 not sum(votes^2) so user stake weights are basically linear. Post weights are quadratic giving the "lottery" payoff effect (also necessary to ensure that people who vote for themselves with no agreement from others end up losing on average), but it doesn't matter if one person votes with 10X stake or ten people with X stake.

An earlier version of the function was more heavily weighted toward larger stakes but that was removed (even though the extra weighting is a positive in some ways).

[BitcoinNational]

Ethereum has had its first bailout.
http://www.forbes.com/sites/francescoppola/2016/07/21/a-painful-lesson-for-the-ethereum-community/#3dfdf9c45714

https://bitcointalk.org/index.php?topic=1559630.0
https://ethereumclassic.github.io/

[BitcoinNational]

funny you say that because it was a girl who posted "make up video" and it earned her 11k.

I'm always getting frustrated when a see some big pump (STEEM's rise in price was not natural), because a lot people are dragged into and eventually leads to big (if not huge) personal losses. I did some fast research (like 20-30 mins) on STEEM and the way I see it some posts could earn like $250 to the original poster. As far as I understand, these money should be paid by users, not by STEEM itself. The user iamnotback said something about the Facebook's profit from it's users. and this raised some concerns in me. I also did some (again fast) research on Facebook. Here is a graph for reference:



According to this graph, Facebook earns about $3.73 per user on average, on every three months (i.e. ~$15/year). FB alone has about 1.65 billion monthly active users, which means that their revenue is about $24,618Bn/year. Yeah, but it's seems that this math is wrong, because according to several sources, FB's revenue for 2015 is around $18Bn. I only have 2 questions.

1. Why do you think a post on steemit should worth $250?
2. How they will deal with posts containing illegal materials?

My personal opinion is that STEEM is doomed to FAIL.

Full thread

[BitcoinNational]

- Huge discussion for past 2 weeks whether Ethereum should bail-out
  the banks (see the R3 bank ethereum clusterfuck) right after Bit Novosti
  released "A Crypto-Decentralist Manifesto"
https://medium.com/@bit_novosti/a-crypto-decentralist-manifesto-6ba1fa0b9ede

- The Ethereum "community" voted what they call an "hard fork"
  basically a bail-out of the junkie banksters who invested on ETH
  rolling back the last history of DAO meltdown to give the financial
  stooges their money back, after having lost it on stuff they cannot
  understand (ask yourself, has anyone of them read the DAO code
  before putting money on it?? It's the language, stupid!)

- All sorts of G/Sachs and Thiel funded divas went announcing how
  "clean" was the fork, as in a painful chirurgical operation that
  went good, basically betraying their initial marketing point that
  Ethereum is decentralised (ideals? what are "ideals"?). With this
  operation they proved for the first time in blockchain buzz history
  that with a massive media campaign and having bought some leaders is
  possible to have your butt put on your face by crypto-surgery and
  still keep smiling.

- The REAL community of people behind Ethereum is now rejecting the
  bail-out, probably marking in history the first time in which there
  can be a bail-out rejection by grass-roots movements??
  Ethereum Classic is announced https://ethereumclassic.github.io

- All major ether exchanges around the world (Poloniex, Bitfinex, and
  Kraken) have announced they will support Ethereum Classic, starting
  with assigning a wallet containing ETC for ETH, 1 to 1
  Real decentralisation investors have a clear message on what is the
  reliable asset and what not. If you put your money on the buggy code
  you fail, and That's Life! (and the crypto market, likely)

- The banksters/spooks conglomerate sends a weak signal to the
  world by announcing that since yesterday Coinbase includes Ethereum
  (Coinbase is the FEDs friendly exchange which most likely handed
  over KAT torrents private account details to FBI for investigation)

To read more Aaron who seems really to get the grip of what
means journalism in the crypto-assets sphere,
his new article on all this is here:
https://bitcoinmagazine.com/articles/rejecting-today-s-hard-fork-the-ethereum-classic-project-continues-on-the-original-chain-here-s-why-1469038808


More salty stuff and good reads here

https://nettime.org/Lists-Archives/nettime-l-1606/msg00050.html


https://nettime.org/Lists-Archives/nettime-l-1607/msg00006.html


If you like to support our independent efforts at Dyne.org
and fancy a 10% discount on all trade margin fees for a full month
be welcome to use the referral code on Bitfinex: hb0LQuIB0H
Bitfinex opens to Ethereum Classic next week!

Dudes we spent years without a real constituency coming out!
If Bitcoin is GOLD, Ethereum Classic is SILVER