INSaNe has moved onto a set of new - Bitcoin Garden

My mostly-impartial take on the top 20 coins on CoinMarketCap

Backstory: I have a friend who is becoming interested in cryptocoins, and I decided to write about a sentence to share what I know about the top 20 coins on Coinmarketcap. As for my knowledge: I've been obsessive about crypto since 2010, but I've taken some time off out of irritation with the soured bitcoin community (I did take a side in the debate for awhile, now I'm disgusted with the entire community). Everything below is recollection and opinion. Much of my knowledge is greater than two or three months old, except for Augur, which I still follow closely. Please - read along and feel free to berate me.
1 Bitcoin - Bitcoin is the oldest cryptocurrency, and the coin with the most adoption. Despite the high market cap, it is bending under it's own weight. The core developers and the miners have scary agendas. Bitcoin is likely to survive and thrive, but not because of anything the community has done to help it.
2 Ethereum - Ethereum isn't technically intended as currency, but some see it as bitcoin 2.0 because it extends the basic blockchain ledger idea. Because Ethereum has a turing complete scripting language built into it, it is more susceptible to new attacks and will need to be substantilly hardened for years to come. The development team is led by Vitalik Buterin, a young genius. Ethereum is generally seen as having a strong development team and a lot of future potential, especially in managing sub-tokens and smart contracts like Augur and Digix.
3 Ripple - Ripple is poorly regarded by many seasonsed cryptocurrency users - many (including myself) do not regard it as a cryptocurrency, but as a general scam. Note that Ripple has low market volume and few privacy protections.
4 Litecoin - Litecoin was the second cryptocurrency to be developed (after bitcoin in 2012) and it is currently traded in China because the developer base is Chinese. Litecoin is literally a bitcoin clone with two modifications. It has potential for speculation, but is not generally used in the US.
5 Monero - Monero is the strongest privacy-centric coin. It uses a novel blockchain solution called ring-signatures that forces mixing for every transaction. Monero took a long time to catch on because of the absence of a GUI wallet. A GUI wallet was recently released. Monero got a recent pump by being the primary currency of Alphabay - instead of bitcoin. (Personal note: I sold all of my monero and I regret it now. Please PM me seed phrases containing coins!) :P
6 Ethereum Classic - Ethereum Classic is quite literally a "grudge coin". Some ethereum users were upset when an Ethereum Contract (The DAO) was rolled back by the Ethereum team, and they revolted by remaining on the old Ethereum fork - the fork that did not roll back the DAO. Many users also see this as a part of the bitcoin hardfork argument because it seems apparent that those who do not want to fork bitcoin to raise the blocksize limit are staging a protest to demonstrate how badly things can go if a coin is forked.
7 Dash - Dash is a very interesting fork of bitcoin with several neat features and a very aggressive development roadmap. Dash is the most prominent coin to pay nodes for obfuscating transactions. People who hold 1000 dash can run a masternode and support darksend transactions while receiving dash in return. This has been very positive for dash in the long run because it makes the token worth hoarding. Dash also has a anonymous transaction solution that has had some scrutiny from the crypto community because of suggestions that one person (government) hosting many masternodes could deobfuscate transactions.
8 MaidSafeCoin - MadeSafeCoin is one of several tokens designed to foster decentralized cloud based data storage. MaidSafe has been in existence for a very long time but only really got traction when the cryptocurrency revolution started. MaidSafe's primary competitor is Storj, though, the last time I checked, both teams deny they're competing.
9 Augur - Augur is a decentralized prediction market platform that is currently in alpha development. The token (Reputation) was released several months ago by users hoping for a quick product launch, but they were disappointed and many sold, leaving the token very cheap. All indications are that the development team is being careful and meticulous to release a working product and avoid something similar to the DAO fiasco. If Augur Reputation is successful, holders of the token will receive regular payouts for reporting on the correct outcome of prediction markets.
10 Steem - Steem is a token-incentivized discussion board, sort of similar to reddit or quora. The basic gist (I believe) is that users reward other users with tokens for submitting worthwhile content. This is probably over-simplified and wrong
11 NEM - I am not familiar with NEM.
12 Iconomi - I am not familiar with Iconomi
13 Dogecoin - Dogecoin started as a meme based on the Shiba Inus dog breed, it was originally a litecoin clone that gained tremendous community traction based on the concept of doing good and sharing good will. The token was widely dismissed, though it has maintained some usefulness.
14 Factom - Factom is a project that verifies the legitimacy of information and databases by stamping/hashing the data in the factom chain. This insures data integrity and could allow proof of ownership, proof of invention, proof of accurate records, etc. Factom was a big deal when it was launhed, but as with many other tokens it doesn't have the same luster as investors have moved on to other tokens, despite the inherent usefulness.
15 Waves - I hold some Waves and I don't even know what it is right now.
16 Stellar Lumens - I don't recall what Stellar is at this moment.
17 DigixDAO - Digix is intended to serve as digital gold. The concept is that the maintainers of digix will hold literal gold reserves in a vault equal to the issuance of tokens. There are regular audits, and demonstrable proof of assets. People who depend on literal assets tend to like the knowledge that their asset is tied to a physical asset, but others feel like this totally misses the point of scarcely created cryptocoins (i.e. bitcoin).
18 Zcash - Zcash is a new privacy-centered cryptocoin. Much hyped.
19 Lisk - Lisk is an ethereum clone, similar to what Ethereum Classic has become. I consider it in the same league as Litecoin to Bitcoin.
20 GameCredits - Something, Something, something, get paid for playing games and exchange game credits with other gamers.
submitted by obiewanbitcoin to CryptoCurrency [link] [comments]

Let's kick of with the Whitepaper of the Week: EUNO

What is EUNO?
EUNO is a currency based on privacy of the end user. It is a currency that has Proof of Stake (POS) as well as Proof of Work (POW). EUNO has a relatively low max supply and an extremely fast transaction time. Using the privacy aspect of the coin to make transactions(Darksend), users can anonymously send EUNO without any tracing of the sender. Darksend transactions are facilitated by the EUNO Masternodes. EUNO Masternodes help with the network as well as create a means to receive new EUNO
Whitepaper abstract
The upsurge in the number of cryptocurrency projects since the inception of Bitcoin in 2009 has brought tremendous technological innovation and utility models into the decentralized digital currency space. Despite that, cryptocurrencies are still to date mostly viewed as speculative investment and store of value instruments. This notion has devalued the potential benefit of their use in resolving real logistic, economic and societal bottlenecks, and has necessitated a sober approach in addressing obstacles to their wide public acceptance. Indeed, mainstream adoption of cryptocurrencies continues to be hindered by polarized perceptions between different actors – public entities, the financial sector, merchants and consumers. As a result, the overall market remains extremely niche, highly volatile and susceptible to confidence shocks. At face value, this divide can be traced to (i) a wide misconception of use in illicit activities that has suspended the process of public recognition, (ii) perceived risks to traditional financial and monetary structures, (iii) overstated weaknesses in terms of scalability, speed of transactions and network vulnerabilities, (iv) price volatility, and (v) perceived complexity of use. While those concerns are to some extent valid, we view that their influence is overemphasized due to a much more rudimentary cause, which we identify as the status quo bias. As well as adhering to basic requisites of security and usability, diffusion of technologies that potentially carry broad economic and social implications compel the presence of a system that promotes active use and curbs early adopter risk. Short of such a design, potential users would more likely retain their preference for prevalent payment methods, barring the few for which the status quo already imposes greater risks. Building on that, we assess obstacles to cryptocurrency mainstream adoption within the context of a behavioral approach from which we derive key lessons for the development of EUNO coin. EUNO coin was created with the aim of tapping into the core attributes that have hindered wide public acceptance while not compromising the key features that make cryptocurrencies a revolutionary technology: decentralized, trustless, immutable and incorruptible. EUNO combines solid security features building on previously developed cryptocurrencies that have succeeded in addressing network vulnerabilities and minimizing incentives for malicious attacks. From a user’s perspective, EUNO is a privacy-by-choice coin focused on accessibility and usability through platforms and tools that aim to support commercial exchange with minimal requirements of operational knowledge and merchant infrastructure. Furthermore, EUNO is built with an aim to survive independently of its founders in the longer run. It embraces a community-driven governance structure that promotes transparency and flexibility, and facilitates adaptation to the needs of the market. In terms of exposure and user acceptance, we introduce into the cryptocurrency space the Adoption and Convergence Incentivized Distribution (ACID) protocol, the function of which is to incentivize the use of EUNO in commercial transactions, and promote a wider and more equitable coin distribution. The ultimate vision of EUNO is a widely accepted and extensively distributed digital currency to be used by consumers over the air (OTA) in near field communication (NFC), point of sale (POS) transactions, with minimal requirements for technical expertise by users and integration processes by merchants.

Check it out here:
https://www.allcryptowhitepapers.com/whitepaper-of-the-week/
submitted by allcryptowhitepapers to cryptowhitepaper [link] [comments]

Some info as to why the coin was so quite until recently

I was checking out the bitcoin talk section on THC and found this reply the dev left the other day:
Congrats to all the THC holders and folks that have been here from the beginning. I have worked tirelessly to make $THC great again. A lot of things are coming up. I have several different teams working on different parts of HempCoin. All of our news will be presented on twitter @thehempcoin. The new website will not be active until the new wallet and fork are in place. The new fork is basically exactly like DASH anonymous coding in all aspects including a masternode/HempPAY/darksend coin with Windows, Mac, Linux, and source. This is a fork so all coins will automatically be in the new wallet. Specs will be released on twitter. This all takes time to get t right. Be patient and this will continue to be Epic. THC has taken over the top marijuana coin spot which is amazing. This is very popular with Japan,China and all of Asia. We have lots of other news to push out pertaining to agriculture as well as dispenary platforms. I’m not on BCT often but can be reached on twitter. We will also have a telegraph soon. All the positive tweets will help. Also after the fork (because the exchanges won’t make a new coin twice in a month) we will be pushing for more top exchanges and will call on the community to help. As most of you know I am not a major THC holder. I started this as a community coin and stepped away November 2014. It wasn’t until April this year that folks started seeing value in THC. I am full time dedicated to THC and will do everything to make this a world leading top coin. A teaser spec is 1 Masternode will require 20,000 coins.Cheers!! Tim
This sounds as if the dev had given up on the coin years ago due to a lack of following, but now that the coin has picked up he is dedicated to it fully and ready to get it to the top! This would explain all the recently activity and also the missing info on the website. Hopefully soon we will be seeing >$1 values!
submitted by zacharyd3 to thehempcoin [link] [comments]

GoByte - MasterNode Coin

GoByte - MasterNode Coin
GoByte (GBX) is a cryptocurrency based on Dash aimed at vendors to provide monetary services . GoByte features the masternode technology, which provides to the network near-instant and secure payments as well as anonymous transactions. The near-instant payments known as InstantSend technology, average at 1.3 seconds per transaction. The anonymous transactions known as PrivateSend technology, mix your funds trough the masternodes network, making near-impossible to trace back the origin of the funds.
GoByte Network is a modular network based on the blockchain technology. The GoByte's modules are developed independently yet, they all have the same blockchain as a core, and work all together to create a fast and secure network. Thanks to the modular structure of the GoByte's Network, modules can be updated independently without causing errors or issues with other modules. Our developers are working tirelessly on bringing new and innovative modules to be merged later with the other modules of the network. Every module is developed by its own team lead by a Senior Developer, this way we offer to our developers a clean canvas to be filled by their own imagination. The first and biggest module of the GoByte Network is the "Pay" module, which acts as a payment gateway, central bank and cold wallet at the same time. The "Pay" module is the network's center support, working directly on the blockchain, being able to create and execute transactions which will later be confirmed by the masternodes and miners.
Our project is not aiming to build the blockchain around the existing economy. We are aiming to create a new economy around the blockchain. The first step into building the GoByte Network economy is by providing liquidity and ways to acquire GBX coins. Therefore, a part of our current development team which has past experience into building, developing and maintaining bank ATMs that are currently being actively used around the word, have decided to build and develop our own ATMs and POS Terminals along with Card Reads and more. All of those devices will be directly linked to the GoByte Pay module which will attribute to the customers an identity and act as a central bank of the entire economic system. Allowing you to deposit, withdraw, perform payments, loan GBX coins, link or request GoByte Pay Debit/Credit cards to use with our ATMs, POS Terminals or CardReaders.
In order to create a self-sustaining economical system, GoByte had implemented the Governance feature, currently found in Dash and more other cryptocurrencies. The governance feature allows to the masternode holders to vote, fund or reject proposals submitted by the community, from event sponsorships to acts of charity or developer bounties. By funding projects, the community can sustain the media/events appearance and even the development, without the reliance of a central development team.
Specifications ◆ Algorithm NeoScrypt ◆ Block time 150 seconds ◆ Block Reward 15 GBX decreasing by ~15% every year ◆ Estimate Supply 31.8 Milllion ◆ Required 1000 GBX for Masternode ◆ Masternode 50-80% Block Reward ◆ Superior Difficulty Retargeting Using Dark Gravity Wave ◆ Superior Transaction Anonymity Using PrivateSend ◆ Difficulty retargets using Dark Gravity Wave ◆ 2.7% Premine*
Masternodes help keep integrity of network and enable support for Darksend and instant send. You need 1000 GBX to setup a masternode and start to earn rewards.
RoadMap Roadmap
GoByte Blockchain Start ◆ Launch Website (Done) ◆ Window, Mac and Linux Wallet Release (Done)
Get listed on Exchanges ◆ CoinsMarket — Completed ◆ Stock.Exchange — Completed ◆ CoinsExchange — Completed ◆ Cryptopia — Completed ◆ CryptoBridge — Completed ◆ HitBTC — Completed ◆ TradeSatoshi — Planned ◆ Upbit — Planned ◆ Kucoin — Planned
===[Q4 2017]=== ◆ Genesis Block and initial launch — Completed ○ Announcement on BitcoinTalk.com since block 2 — 17 Nov 2017 ◆ Website Release — Completed ◆ Windows, Mac OS, Linux Wallets Release — Completed ◆ Listing on first 4 small/medium sized exchanges — Completed ○ CoinsMarkets.com — 18 Nov 2017 ○ Stocks.Exchange — 19 Nov 2017 ○ Cryptopia.co.nz — 22 Nov 2017 ○ CoinExchange.io — 04 Dec 2017 ◆ Listing on useful Crypto websites — Completed ○ CoinMarketCap.com — 20 Nov 2017 ○ Masternodes.Online — 21 Nov 2017 ○ CryptoCompare.com — 22 Nov 2017 ○ CoinGecko.com — 26 Nov 2017 ○ CoinRanking.com — 04 Dec 2017 ○ CoinHodler.io — 04 Dec 2017 ○ Masternode.Pro — 05 Dec 2017 ○ WhatToMine.com — 02 Jan 2018
===[Q2 2018]=== ◆ Listing on decentralized exchanges [2/2] — Completed ○ BarterDEX — 05 Jan 2018 ○ Crypto-Bridge.org — 29 Jan 2018 ◆ Web Wallet — Completed. (integrated into "Pay" module) ◆ Android App — Under Dev. ○ Coinomi Multiwallet — 05 Jan 2018 ◆ IOS App — Under Dev. ◆ WhitePaper & Translation — Completed ◆ Dev. of "Pay" module — Under Dev. ◆ "Pay" module mobile apps — Under Dev. ◆ Listing on another 3 medium/big sized exchanges — Completed ○ HitBTC — 16 Apr 2018 ○ CoinSwitch — 04 May 2018 ○ IndaCoin Exchange — 17 May 2018
===[Q4 2018]=== ◆ Electronics Shop — Planned ◆ Starting the development of the "Market" module — Planned ◆ Atomic Swaps/Exchange — Reconsidering ◆ Marketing and Awareness campaign — Under Revision ◆ Hiring PR team — Under Revision ◆ Attract Merchants — Constant
===[Q1 2019]=== ◆ Start dev. of POS Terminals — Planned ◆ Testing GBX payments on vending machines — Planned ◆ Starting development of the "Overwatch" module — Planned ◆ Starting development of the "Mint" module — Planned ◆ Start building cloud mining farm. Share profits among MasterNode owners — Planned ◆ Hardware wallets for GoByte tokens — Planned ◆ Attract Merchants — Constant
===[Q3 2019]=== ◆ Smart Contracts — Reconsidering ◆ Starting development of the "Social" platform — Planned ◆ Founding or Partnering with an academy for "GoByte Academy" — Planned ◆ Founding the "Blockchain Innovation of the Year" event with prizes — Planned ◆ Attract Merchants — Constant
===[Future]=== ◆ AI that maps data and cryptographs it into a blockchain ?? — Future ◆ Quantum Ressistance ?? — Future ◆ New Algo ?? — Future ◆ Moving to DAG ?? — Future
Downloads https://github.com/gobytecoin/gobyte/releases/download/v0.12.1.3/GoByte_0.12.1.3_Windows64.zip https://github.com/gobytecoin/gobyte/releases/download/v0.12.1.3/GoByte_0.12.1.3_Windows32.zip https://drive.google.com/file/d/17lQ24gft63gC1ZZcljghau6LKTEmU4Sn/view https://github.com/gobytecoin/gobyte/archive/v0.12.1.3.tar.gz
Website https://gobyte.network/
submitted by D0WN3D to MasterNodes [link] [comments]

What is Zealium (NZL)?

ZEALIUM COIN Masternode. Darksend. Environmentally Friendly Proof Of Stake Cryptocurrency. Made In NZ.
Coin Specifications Name: Zealium Ticker: NZL
Algorithm: POS
Total Coins: 80,000,000
Total Premine: 1,000,000 [1.25%]
Block Rewards:
Block 0001 -1001 [1 Million Pre Mine, POW Ended Here].
block 1002-500000 - MN 10 / STAKE 4 / GOV 1
block 500001-1000000 - MN 7,5 / STAKE 3 / GOV FUND 0,75
block 1000001-1500000 - MN 5 / STAKE 2 / GOV FUND 0,5
block 1500001-Infinity - MN 2,5 / STAKE 1 / GOV FUND 0,25
MN Collateral 4,000 NZL
Staking Maturity: 6 Hrs
Block Time: 60 sec
Road Map Q1 2018: Create Zealium DONE Complete Whitepaper- DONE Create Block Explorer DONE Complete Roadmap On going Launch Discord Forum- DONE Launch Twitter- DONE Launch Facebook- DONE Create Website- DONE
Q2 2018: Launch Zealium Launch ICO DONE Exchange Listing DONE Celebrate with Airdrop/s DONE List Coin On Dice-Age.com DONE List On Masternodes Online DONE Begin Community Involvment STARTED Add To Dev Team DONE On going Donate A Charity Masternode Integrate With Local Platform Traders DONE On going Integrate With Local Metal Recycling Company DONE Update Roadmap - From Potential Community Input Start Charity Masternodes DONE 1 of 2
Q3 2018: 1st Official Progress Report Continue Approaching local NZ Trading Companies More Exchange Listing DONE List On Delta & Blockfolio DONE Begin POS Web Wallet Development DONE Charity Masternode Voting/Selection
Q4 2018: Hire Public Speaker Promote Crytpocurrency and POS technology adaption Zealium Real World Use Case Competition (bounty) Android Wallet Development DONE upgrade coming Make Promo Videos (bounty) Contact Charity Masternode Winners
Q1 2019: Release Charity Masternodes And Earnings To Winners Update On Online POS Wallet Progress Add Zealium To Current New Zealand ATM Machines Purchase 1 Bitcoin/Zealium ATM Machine
Q2 2019: Install Bitcoin/Zealium ATM Machine Begin Development Of Crypto Currencey Auction Site
03 2019: To Be Announced
Any Questions Please Ask. Thank you for your time, your trust, your Input. Finest Of Futures,
The Zealium Team
EXCHANGE LIST
Binance
Huobi
Kucoin
Bibox
Qryptos
Satoexchange
BIGone
Bitrue
Bilaxy
Bit-Z
Linkcoin
SECURE WALLET
Ledgerwallet
Trezor
submitted by icoinformation2021 to Zealium [link] [comments]

BTG is in top 10 in CoinMarket Cap! Here is why it should be in the top 5.

How I see the top 10 currencies on CoinMarketCap.com

1 Bitcoin is the number one cryptocurrency, with all the hype and all the press. I do not see any coin overtaking it in the near future. Probably never.

A) Bitcoin Gold allows for GPU mining on people’s home computers and it is ASIC resistant, which makes for a more decentralized coin. (One of the founding principles of bitcoin, which has fallen by the wayside with Chinese asic (such as BITMAIN) controlling most of the mining market and allowing it to pull all sorts of shenanigans. B) Bitcoin transactions have become slooooooooow! (Bitcoin GOLD is much faster) C) Bitcoin transactions are PRICEY! You can't even send someone $10 worth of bitcoin because the fees would eat the entire transaction. This is why STEAM dropped bitcoin. The fees have become ridiculously high (see miners controlling the market above as to reasons for this) Bitcoin Gold has lower fees. D) The network for bitcoin can be VERY unstable. Whenever Bitmain wants to move the miners over to it's own fraud coin, bitcoin cash, they slow the market and delay transactions. This should be seen for what it is: an ATTACK on bitcoin. With all that said, bitcoin still carries on and the price continues to climb! It remains #1 in marketcap.

2 in marketcap is Etherium. People love to remind you that Microsoft is backing Etherium. Yeah, but guess what. Etherium's network is an absolute mess!!

Hundreds of millions of coins have been lost because of a "bug". WOW. The 44billion dollar Ether network was brought to its knees by Crypto Kittie, a digital cat child’s app that uses Etherium contracts to trade digital pussies. Etherium shouldn't be number 2. Not until they can create a stable network. Who knows what will bring it down next? Digital dogs?

3 Bitcoin Cash. This currency is a fraud. It merely exists to allow Bitmain to use asic boost, to give it an advantage mining coins. Once Segwit went into place on bitcoin they could no longer use asic boost and lost their advantage so they forked bitcoin for greed. They tried to take a bunch of miners with them and force everyone who wants to buy an antminer to pay for them in Bitcoin Cash, driving up BCC and trying to take down BTC. This is a fraud currency and everyone should ignore it, and let it die on the side of the road like the diseased rodent it is.

4 Litecoin This is a great coin. It is more stable than every coin above it. The network is reliable and the transactions are fast. As if that were not enough, the fees are ridiculously low. So low that they have attracted STEAM, who just dropped bitcoin, to allow people to purchase on their store with Litecoin.

This should be the number 2 coin, in my opinion. (only because nothing is going to dethrone Bitcoin.)

5 Ripple If you have ever invested in ripple, and thought the price was going to go up and was surprised how it suddenly came crashing down, well you are not imagining things and you are not alone. The price on this coin is manipulated.

Don’t be me wrong, Ripple is a useful coin with good tech behind it. Fast transactions, good scalability and low fees, but this coin is used by banks to transfer fund between them. They do not want to the value to go up because that would make the fees larger. This “global “token is mainly traded on Korean exchanges. This coin was not designed to be a holder of value, so if you are looking to invest, I would stay away from Ripple. Anything over 25 cents is risking a sudden plunge. I’m amazed to see it at 36 cents.

6 IOTA - I love IOTA. What a great coin with a great team behind it. The network (Tangle) is very advanced and they love to brag about how they are an improvement over bitcoin. The people involved in IOTA tend to be very passionate and haters of blockchain.

The problem? Well, their wallets don’t even work! You can buy it on Binance, but you can’t even withdraw it because they have so many problems trying to get a wallet to be stable. For a coin that suddenly shot up to $5 (I rode a lot of that up and jumped out) on the news that they were working with Samsung, Microsoft and others on an information sharing network, I would think they could get their transaction network up and running so people can keep coins reliably in their wallets and get them off exchanges.

7 DASH One of a kind. The network funds itself. Unheard of. It’d decentralized with Masternodes that vote on how to spend the budget. (masternodes controlling the future don’t sound decentralized to me, but I digress) They claim instant transactions and privatesend (wasn’t this darksend?) This used to be XCoin in Jan 2014. 10 days later the core dev team changed the name to Darkcoin. Later they changed the name to DASH (not to be confused with Dashcoin, which is exactly what many people do… get confused.)

Some people would say there is a dark side to Dash coin, but to each their own.

8 NEM My first question is if the currency is called NEM, why is the symbol XEM??? NEM codes its own blockchain making it efficient and stable. If you hold 10,000 XEM, you can harvest(?) which incentivizes people to hold, which will inflate the price. (HODLING is the main reason bitcoin goes up in price. If everyone were day trading it can you imagine the volatility? When you limit the supply and there is still a high demand the price must go up. Simple as that.) NEM (or XEM) is not discussed very much and is not widely known. This is odd considering its high market cap (top 10 baby) and its solid tech. NEM (like bitcoin gold) needs some good marketing.

#9 Monero This is a PRIVATE COIN, untraceable currency. This coin has a purpose, and that purpose is protecting the privacy of the users of it. You can send and receive Monero without knowing who you sent or received coin from. This coin will increase in value as demand for privacy will only continue to increase and this is the world’s number one privacy coin (sorry dash). Some people may have ethical reasons to not want to invest in a coin that may be used for all manner of shady dealings online. That’s up to you to decide. Are you against fiat cash? For the most part cash is untraceable too, and people use it for all sorts of shady things, but people also use it for plenty of good things.

10 Bitcoin Gold Finally a version of bitcoin I can mine on my computer at home! YEAH!!! Bitcoin is SUPPOSED to be decentralized, and this is the ONLY flavor of bitcoin that lives up to that. It’s the same block interval and block size as bitcoin, but it updates difficulty on every block and prevents ASIC’s by using POW Equihash so people can mine on GPU’s at home.

As I mentioned above, Bitcoin Gold has faster transfers with lower fees and the network is not able to be manipulated by companies such as Bitmain, because large ASIC farms have no control over this network. Some mysterious forces (I wonder who?) attacked Bitcoin Gold when it first launched, with DDOS attacks and faking wallets. Despite the rough start, bitcoin gold has been widely accepted at 25 exchanges including Bittrex, HitBTC, Bitfinex, Binance and Yobit! It has even found a home in hardware wallets like Trezor and Ledger. You can use Coinomi on your phone too. http://amzn.to/2AeoyMI <----- Check Out Trezor Hardware Wallet!
THE TOP 5 COINS FOR ME: 1) Bitcoin (obviously) 2) Litecoin 3) Etherium (Because of the hype) 4) Monero 5) Bitcoin Gold Honorable mentions: IOTA and NEM
Find this post useful?
Please donate BTG : ANYwhWdjfxQBokXR5dzDixvu8UB5PkqRfg
This took a long time to type. :)
submitted by CyptoJohn to BitcoinGoldHQ [link] [comments]

Bithalo - a decentralized exchange entering beta soon

This is maybe more suited to /bitcoin but I don't post in that sub and wanted to share anyway so I'll just get to it. dzimbeck has been hinting he is working on a peer to peer distributed bitcoin exchange for a while now. Something I've always thought we needed desperately. The idea of a decentralized currency that you have to stick in an exchange to trade with someone else never made much sense.
It's called Bithalo and he just released details about it - and it is far more than a decentralized crypto exchange. He is moving into beta with it very soon and has just tossed up a simple webpage/whitepaper. I encourage you all to take a look and sign up for beta if you are a QA type. I get excited reading this, I think it has the potential to be game changing.
Features it offers:
-Trade cash worldwide for Bitcoins
-Trustless two party contracts that cannot be broken
-Trading pairs for decentralized exchanges - no more Mt Gox.
-More anonymous than coinjoin (darksend) and XC.
-Employment contracts
Sounds like China might be able to buy all the bitcoins they want after all.
Edit: And somehow I left out the link to the website. http://www.bithalo.org/
submitted by NEExt to BitcoinMarkets [link] [comments]

Just a little about Darkcoin.

Hey y'all, welcome to /drkcoin!
To check out the main page for a list of wallet downloads, source code, and pools check out darkcoin.io
First off, we have a TIPBOT!
FOLLOW us on Twitter. Official twitter
0.00000% Pre-mined
Super secure hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo)
Block reward is controlled by Moore's law: (11111 / (((Difficulty+51)/6) ^ 2))
CPU & GPU friendly mining(Asic mining isn't impossible but; developing such an ASIC would be prohibitively expensive, thanks to the X11 algorithm's 11 rounds of hashing)
Block generation: 2.5 minutes
Difficulty Retargets based on Kimoto's Gravity Well
84 Million Coins Max
Block reward halving every 2 years
Here's one known working faucet
Dark coin is much easier on your rig as it runs much cooler than most coins so feel free to hop on board. :) any questions about mining can and will be answered either right here in /drkcoin or in the Official darkcoin forum
DARKSEND-An anonymous wallet called DarkSend and it hides the address FROM THE WALLET. The blockchain will not contain your wallet address but a throw-away address that is untraceable.
Darkcoin is very new but we have an extremely talented developer who is working hard at making this a great completely anonymous coin and in the barely 1 month of existance there have been a massive influx of users.
I truly believe that darkcoin is the only new coin with as much potential as bitcoin or litecoin.
Darkcoin is currently on a few different exchanges already that I know of.
Coined.com
Poloniex.com
Cryptsy.com
EDIT: Thanks goodcore for pointing out I missed cryptsy and for proof reading.
So, come join us over at /drkcoin if you have anymore questions.
submitted by PVKT to CryptoCurrency [link] [comments]

Graphic explaining why Dark Cryptocurrencies (ANC, DRK) may spike in demand as a result of the recent Bitcoin heist

Bitcoin by its very design is traceable down to every transaction. This major heist has left many members tracking the flow of transactions down a binary tree. Whoever was behind this knows they are being watched and knows they can’t easily cash out without revealing their identity.
http://i.imgur.com/sn7VsAJ.png
So the question remains, How can they get away with cashing out without being discovered?
Graphic: http://imgur.com/a/B7hkv
One method is through dark cryptocurrencies like anon coin and dark coin. These altcoins have coin mixing protocols in the code or the ability to operate on darksend protocols. This makes it extremely difficult to trace specific transactions to specific addresses. While the binary tree is dispersing the wealth of bitcoins across many addresses they are most likely going to create a few accounts on trading platforms that deal with dark cryptos and start exchanging their bitcoins for AnonCoins and DarkCoins. Now these dark cryptos have already seen some recent spikes in demand shortly following the heist. This may be evidence that whoever got away with that wealth of bitcoins may already be testing this method. They would be using dark crypto coin exchanges as a proxy by converting the stolen bitcoins into dark cryptos and then turning them back into bitcoins under a different account. This method would allow them to cash out from entirely different wallet addresses and an entirely different Identity.
We can’t expect to see these trading platforms step in and stop any transactions once they realize some bitcoins they are receiving came from a distant branch of the initial binary tree. If this post gets enough attention the trading platforms could be notified to watch for binary tree extension transactions to their own deposit accounts. This could be applied as a method to investigate the real identity of these movers. We (the community) would also have no way of knowing if any of these addresses represent internal and therefore unpublished wallet addresses of particular trading platforms.
In the highly probable event this tactic is applied, we may see a spike in demand for these dark crypto coins as they have a lot of bitcoins to move if they want to cash them all out. This indicates they are most likely testing this method now and preparing to move large amounts soon. For these reasons AnonCoin and DarkCoin may see a huge spike in demand very soon.
What do you guys think? Are there any holes in this theory?
submitted by jtako to CryptoMarkets [link] [comments]

Airdropping masternodes — fair distribution & healthy economy of MTNC

One such worthwile project is Masternodecoin (MTNC), of which the first airdrop took place at the turn of August and September. Masternodecoin is a cryptocurrency based on DASH with 2MB block size, 60 blocks confirmation, and Proof of Stake (PoW SHA256d algorithm was only used to premine coins). Those lucky ones who supported this project from the beginning and participated in the first airdrop, got the amount needed to set up a masternode for free, but anyone who owns at least 50,000 coins can run a masternode. Masternodecoin rewards “connectivity age” instead of “coin age” thus eliminating the abuse from exchanges and users that do not actively contribute to the network. By having a static reward system, the rewards for participation are proportional to the work of each active node. Currently there are about 90 masternodes and the number is constantly increasing. These MTNC nodes allow instant transfers between addresses in a decentralized way, so even if several of them stop working, transactions are still validated without any problems. Masternodecoin also allows you to send funds using the DarkSend feature, which is fully anonymous, mixing coin transaction. Mixing removes any traces that would allow to discover the address or IP of sender. Imagine that you can transfer any amount of money to other side of the world in seconds, completely anonymously! With DarkSend, this is possible.
MTNC on Coinmarketcap.com The total number of created coins is almost 104,000,000, with about half amount in circulation (locked in masternodes or on wallets and exchanges). MTNC is listed on two well-known crypto exchanges — Cryptopia and NovaExchange. Current price ranges between 1800–2200 satoshi per one MTNC, which allows to set up a masternode for about $ 10,000 (assuming present bitcoin price at around $ 10,000) and ROI may vary between 200%-300%. Considering the growing popularity of cryptocurrencies with masternodes for steady passive income, this is not an excessive price, especially since the MTNC has a lot of potential for growth thanks to the currency development plans we can see on the roadmap below.
Masternodecoin roadmap The roadmap looks very appealing, thanks to the interesting features that dev plans to implement — search engine with private search or peer-to-peer chat with all messages after read, are just some of them. In addition, a very good idea for the whole currency ecosystem are the regular burnings of coins. By the end of November next year, half of the total supply of coins will be destroyed (50,000,000 MTNC). Thanks to this, as well as six rounds of airdrops, the distribution of coins is very fair, and anyone who sets up their masternode now should be happy with the future profits and growth of the MTNC value. With a huge amount of new blockchain projects and hundreds or even thousands of cryptcurrencies, it’s really hard to find such a remarkable project like Masternodecoin, with engaged dav and quickly growing community. If you are interested in Masternodecoin, you are most welcome to join the third round of airdrop, which is happening right now on the Bitcointalk forum. You can also join the discussion on the slack channel. Some useful links:
submitted by wwzsocki to CryptoCurrencies [link] [comments]

Wow 500 users! Heres a little get started help.

Hey y'all, welcome to /drkcoin!
To check out the main page for a list of wallet downloads, source code, and pools check out darkcoin.io
First off, we have a TIPBOT!
FOLLOW us on Twitter. Official twitter
0.00000% Pre-mined
Super secure hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo)
Block reward is controlled by Moore's law: (11111 / (((Difficulty+51)/6) ^ 2))
CPU & GPU friendly mining (Asic mining isn't impossible but; developing such an ASIC would be prohibitively expensive, thanks to the X11 algorithm's 11 rounds of hashing)
Block generation: 2.5 minutes
Difficulty Retargets based on Kimoto's Gravity Well
84 Million Coins Max
Block reward halving every 2 years
Here's one known working faucet
Dark coin is much easier on your rig as it runs much cooler than most coins so feel free to hop on board. :) any questions about mining can and will be answered either right here in /drkcoin or in the Official darkcoin forum
DARKSEND-An anonymous wallet called DarkSend and it hides the address FROM THE WALLET. The blockchain will not contain your wallet address but a throw-away address that is untraceable.
Darkcoin is very new but we have an extremely talented developer who is working hard at making this a great completely anonymous coin and in the barely 1 month of existance there have been a massive influx of users.(100 new subscribers in the last 4 days alone)
I truly believe that darkcoin is the only new coin with as much potential as bitcoin or litecoin.
Darkcoin is currently on a few different exchanges already that I know of.
Coindup.com
Poloniex.com
Cryptsy.com
Edit: Thanks goodcore for proof reading and suggesting I add cryptsy
submitted by PVKT to DRKCoin [link] [comments]

Discussion: Marketing and Darksend (anonymity/privacy)

Hello everyone,
With the news that Darksend will be leaving Beta soon, and the recent spike in Darkcoin's price on exchanges, I believe it is time to discuss how best to begin marketing Darkcoin.
Darkcoin is particularly valuable to those who value anonymity and privacy. This includes a vast potential user-base and the coin could provide a much needed service to certain communities by providing a secure method of exchanging currency. A service that was originally provided by the combination of Tor and Bitcoin.
In my opinion it is time to reach out to these communities that value privacy and make them aware of Darkcoin's potential. I am not proposing spamming these communities encouraging them to adopt Darkcoin, however instead simply posting about Darkcoin's potential and the service this coin could provide these communities in the near future.
I think the best course of action for Darkcoin right now is to make people aware of the coin, so that when Darksend is fully functional the adoption process will be quicker.
tldr; reaching out to communities that value privacy and letting them know about Darkcoin's future potential is beneficial for the coin.
Thoughts?
submitted by huskyminers to DRKCoin [link] [comments]

11 Questions for Storj Community

(I originally emailed [email protected] but nobody is reading that.)
I’ve been following Storj for most of the year, but with so many competing efforts over the year that overlap in functionality - such as Bitcloud, Filecoin, MaidSafe, Datacoin - it has been difficult to keep up. (Although, this is information problem is something Blockology plans to organize). Similarly I did not know there would be a burn period, or which development team was strong enough to be trusted.
I've just read the white paper and have a few questions:
1) StorjX or Storjcoin or StorjcoinX - the white paper mentioned several alt coin blockchains used for holding metadata. What happened there, and what blockchain is StorjX currently using. In some forum threads I’ve seen people using an asset on counterparty, which is currently only writing to bitcoin’s blockchain. So is there a Storj asset on counterparty? The paper doesn’t go into detail about this and neither does the website, and trudging through forums on bitcointalk and storjtalk is not practical.
2) StorjX mining or burn period or open market. I see that the Storj asset has an exchange rate and is trading on poloniex and maybe other places. But I don’t know anything about that asset. Is it a blockchain unit with X amounts of units being minted at an interval, is it some proof of whatever coin with premine, etc. I got that hint that it was burned and the total amount in circulation now is the amount there will ever be, which of course causes controversy with mining speculators because of premine distrust.
Now, less boring stuff, onto the technical stuff:
3) I read in the white paper, during data retrieval, that farmers have to pay the fee to send data back to the client requesting it. What if the farmer does not have funds to pay this, then the client cannot retrieve their shards? A solution would be to make all farmers have a reserve of Storj to participate in the network at all, they cannot pass an audit without 10000 Storj, for instance. (Masternodes in Darkcoin’s Darksend infrastructure maintain a DRK reserves as well)
4) What is the cost of storing/retrieving anything, right now? I get that the “market determines this” but practically Storj blockchain units are probably infinitely divisible, so shard’s metadata can be written with .0000001 Storj for instance.
5) Where can I browse shard metadata in the test blockchains, or current blockchains. I would like to look at various transactions.
6) How much Storj can a farmer make? I get that ‘the market determines this’ but the market is opaque right now. For instance, my local infrastructure is 50mbps upload, 200mbps download, and 2 terabytes of SSDs. With any illustrative example of profit/loss under a scenario, then an investment into greater infrastructure could be rationalized.
7) How is information about the infrastructure broadcast? How do clients or other nodes or the network know that I have 50 up , 200 down, 2 TB SSDs. Something something auditing software? Please elaborate on this aspect
8) What is a heartbeat? Is that like a ping? Maybe I only skimmed that part of the white paper but this remains not obvious to me.
9) Is there an official roadmap for challenges to be addressed? I would like to see it and who can I talk to about various efforts.
10) Link to open source efforts?
11) Speed of file retrieval? I saw that there are websites being hosted on Storj already, but I don’t know what performance I should expect or the challenges to better performance.
The timing for Storj is great, as Bitcasa - a centralized zero knowledge storage system - basically just imploded and there is no alternative.
submitted by 1blockologist to storj [link] [comments]

HOW TO BUY BITCOINS? THE BEST EXCHANGE & MARKETPLACE. Bitsend: Your Digital Currency Best Crypto Exchange- ZERO FEES HACK How to buy bitcoin and cryptocurrency using exchange?';;';;';'.;.;.'.'/?/ Top Three Bitcoin ($BTC) Exchanges!

Dark Web Bitcoin | Get dark web bitcoin links in 2020 Dark Web Bitcoin . A Guide To Anonymous Bitcoin. If you want to use bitcoin on the dark web, it is recommended to mix your bitcoins before you spend your bitcoin on dark web markets. But which methods make your bitcoins really anonymous is hard to tell for most dark web newbies. It is also the input and challenges of the crypto coin community that pushed Mr. Duffield to improve Darkcoin until we have DarkSend’s current, and according to Mr. Duffield, final form. Currently in testing, DarkSend+ successfully achieves the above conditions. Nova Exchange was selected as exclusive coin exchange agent to ensure the swap is held in a transparent way. At the end of the process, the remaining coins will be destroyed by the exchange agent. The new INSN comes with a big set of new features. In brief: PoS Version 3: The latest version of Proof of Stake; Stack Exchange network consists of 177 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers.. Visit Stack Exchange Places to buy bitcoin in exchange for other currencies. Note: Exchanges provide highly varying degrees of safety, security, privacy, and control over your funds and information. Perform your own due diligence and choose a wallet where you will keep your bitcoin before selecting an exchange.

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HOW TO BUY BITCOINS? THE BEST EXCHANGE & MARKETPLACE.

🔴 BITCOIN LIVE 🔴 Enjin Coin (ENJ) Pump, XLM Still UP - Ep.1056 - Crypto Technical Analysis Mitch Ray 349 watching Live now BNB COIN 2020 Project Update, BINANCE news Binance Live 69,477 watching After confirming you've copied the Trade ID, you reach the final Exchange page where the exchange provider (ChangeNow or Morphtoken for a BTC to XMR exchange) provides a one-time use Bitcoin address. Best Crypto Exchanges To Buy Bitcoin & Trade Cryptocurrencies Easily! (2020) - Duration: 12:27. MaxDapp 6,337 views. 12:27. Quickly buy bitcoin on Cointopay howto, pay via IDEAL (NL), MRCASH (BE), GIROPAY (DE), WIRE TRANSFER or SEPA and many more options available to buy your crypto coin of choice. Movie made with ezvid. Darksend DarkSend is the name of the decentralized mixing implementation that obfuscates and provides a greater degree of privacy/anonymity to the transactions of the BitSend network.

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