Dfinance: Layer 2 Blockchain Network Coinspeaker

Meet our global royal wizard advisors to join Kingswap Kingdom! Dr Giamapolo and Dr Christian Rio, are both familiar faces in the traditional finance and digital assets world. We are very grateful to welcome them on board! #Kingswap #binance #bitcoin #paypal #Defi #exchange

Meet our global royal wizard advisors to join Kingswap Kingdom! Dr Giamapolo and Dr Christian Rio, are both familiar faces in the traditional finance and digital assets world. We are very grateful to welcome them on board! #Kingswap #binance #bitcoin #paypal #Defi #exchange submitted by ChristinaRosseettii to ICOAnalysis [link] [comments]

"Binance hereby declares you "Trading Wizard" - Wow! Give everyone else a chance!" /r/Bitcoin

submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Meet our global royal wizard advisors to join Kingswap Kingdom!

Meet our global royal wizard advisors to join Kingswap Kingdom! Dr Giamapolo and Dr Christian Rio, are both familiar faces in the traditional finance and digital assets world. We are very grateful to welcome them on board! #Kingswap #binance #bitcoin #paypal #Defi #exchange 📷
submitted by DT7890 to u/DT7890 [link] [comments]

Logs of yesterday's dev meeting

 Dev meeting?  Would say so, yes  The people are still exhausted from the payment ID meeting :)  Guess we could ping some people  vtnerd, moneromooo, hyc, gingeropolous, TheCharlatan, sarang, suraeNoether, jtgrassie  Anyone up for a meeting?  Yep I'm here  Here  o/  Perhaps we should just start and people will eventually hop in?   oof   sorry guys, I'm working on the new FFS and I forgot all about this. Got a couple of new volunteers.   This literally might be able to launch tomorrow.  I know that. It's called "flow" :)  I could run if you're out of time?   go for it dEBRUYNE   you guys are going to like this new FFS. We're like 99% done.  Hi  rehrar: someone else do the milestone thing already?  All right, jtgrassie, perhaps you'd to start w/ briefly describing your most recent PR? https://github.com/monero-project/monero/pull/5091   oneiric, xiphon did everything   like....everything  As far as I can see, it allows the user to push his transaction over I2P, thereby masking the origin IP of the sendeuser  great  And it hooks into vtnerd's PR right?  Sure. It basically just builds on vtnerds Tor stuff.  sorry dEBRUYNE  Really not much added.  I have it running and tested.  From the perspective of the user, what needs to be configured exactly?  Nice  Assuming the PR is included in the release binaries  I'm using knacccs i2p-zero duirng testing but will of course work with any i2p setup   sorry dEBRUYNE <= Np  Looks a little like dams breaking, now that we have some dark clouds over Kovri and people take matters into their own hands ...  User needs to run i2p, expose a socks service and and inbound tunnel.  Basically same as Tor  Okay, so should be reasonable as long as we write proper documentation for it (e.g. an elaborate guide)  rbrunner, yes, knaccc credit for jumping on i2p-zero really  dEBRUYNE: documentation monero side is kindof done. i2p side is very much implementation specific.  I suppose we could write some guides for the most popular implementations?  e.g. i2p-zero aims to be zero conf, but i2pd or Kovri would be differnet.  I see, great  vtnerd___: Do you want to add anything?  could amend the current kovri guide for monero use from --exclusive-peer to the new proxy support  Now I have i2p-zero running and tested with the #5091, I plan to jump back over to helping knaccc on getting that polished.  I added support for socks proxy in the basic wallets  ^ excellent  Yes vtnerd___ I havent tested it yet but looks sweet.  So connections to `monerod` over Toi2p are possible within wallet cli and wallet rpc  Awesome  This also implies auth+encryption even if ssl is not in use (when using an onion or i2p address)  All right  moneromooo: are you here? If so, could you perhaps share what you've been working on?  I am.  I revived the SSL PR, more stuff on multi sender txes, an implementation of ArticMine's new block size algorithm.  I presume a multi sender tx works similar to multisig insofar as the senders have to exchange data before the transaction can be performed right?  Yes.  There are 2 SSL PRs. What's the diff?  Theoretically this would also allow the sender to provide an output right? Which would be kind of similar to Bitcoin's P2EP  The second one adds some things like selecting a cert by fingerprint.  Yes.  (for the first sentence)  All right, awesome  For anyone reading, this breaks the assumption of the inputs belonging to a single sender, which makes analysis more difficult  Nice side-effect.  Much work coming for the various wallets to support that  rbrunner: Anything you'd like to share in the meeting btw?  Yes, just a little info  I have started to seriously investigate what it would mean to integrate Monero into OpenBazaar  I have already talked with 2 of their devs, was very interesting  In maybe 2 or 3 weeks I intend to write a report  Too early to tell much more :)  Soon^tm I guess :)  Yep  Currently wrestling with Go debugging  whole new world  moneromooo: Has pony recently shared any insights regarding the upcoming 0.14 release btw?  No.  All right  I would love to see the tor & i2p PR's merged sooner rather than later so we can get more testing done.  ^ +1  Isn't that famous early code freeze already on the horizon?  fluffypony, luigi1111 ^  I suppose I could provide a little update regarding the GUI btw  As always, lots of bug fixes and improvements :-P  selsta has recently added a feature to support multi accounts  dsc_ has revamped the wizard and will now start working on implementing the different modes and a white theme  dsc_ is working fulltime on the GUI already?  yes  :)   dsc_ is bae  In light of the recent payment ID discussion, we've also, by default, disabled the option to add a payment ID unless the user explicitely activates the option on the settings page  rehrar ^  nice   I spoke about this yesterday at the coffee chat, this is not a good decision.  How does it handle integrated addresses? The same way?  rehrar ?   For the next many months, we are still stuck with PAyment IDs in the ecosystem. Making it harder for people to access them will make Monero suck so hard to use for the average person for many months.  i agree with rehrar   Remove the option of Payment IDs when we remove Payment IDs  rehrar: The new GUI release won't be live until probably mid march though  Which is a few weeks in advance of the scheduled protocol upgrade   Payment ID removal comes in October   right, but Payment IDs are not removed in March  Did we not have loose consensus on removing the old, unencrypted payment IDs in march?   they are removed in October  We had discussed a deprecation in March  and a ban in October   ok, then if we are going to do that, we have to commit to it and contact the exchanges like Binance that use them and get rid of them in the next few months  (of unencrypted)   Binance is huge, and if they still use them, then people will be very upset that they can't deposit or use Payment IDs easily   I'm just speaking from a UX perspective.  I thought it was unencrypted in April and possibly encrypted in October  Yes I do agree  Timeline and notes: https://github.com/monero-project/meta/issues/299  impossible to remove them for march, many exchanges still use them  We can defer it to the 0.15 release if needed  Well, that wasn't the impression for them log that I just read today  This was all discussed in the earlier meeting linked above   We have to force the ecosystem off of Payment IDs before we remove them from the UI, is all I'm saying  Remove != make difficult to use  ... or make them more difficult there, right?  ping sgp_   sarang, I understand, and I agreed with you during that meeting. But then I started thinking of it as a UX person, which I am.   And that huge massive problem leapt out at me  i think making them difficult to generate is a good idea but making them difficult to consume and use is a bad idea  well, maybe not a good idea, but a better idea   ^  If we defer the decision to depriciate long payment IDs to october, won't we have the same issue then?  The UI can gave an expandable payment ID field like MyMonero and we can still call it deprecated   It is foolhardy to remove an option that the ecosystem uses. So I suggest we keep the Payment ID in the UI until October when they are completely banned.   no dEBRYUNE, because they will be banned via consensus  sgp_ imo it may be a misdirection of dev resources to add that since things are proceeding in the short term rather than long term  but this is a relatively minor point  Nothing matters til exchanges change  All right   The issue is that consensus will still have them in April, and exchanges won't upgrade because they are still allowed. Thus they must still be in the UI.  endogenic these changes are already merged in the GUI to hide it like you do  ok   But when they are banned, exchanges are forced to upgrade or stop using Monero, so we can remove them safely because they won't be in use  rehrar: that's a strong assumption   sarang that they will upgrade?  yes   if they don't, then they can't use Monero  If exchanges require pid, users need a way to set a pid. Making it hard for the user in the interim is just going to be a nightmare.   we have decided to take our "stand" in October  A way that is not too hard, then  To be clear, we still intend to deprecate long encrypted payment IDs in April right? But no enforcement until October   the term "deprecated" doesn't mean much if it's still allowed, and used in popular places   yes, as far as I understand it   jtgrassie, exactly  True I suppose  dEBRUYNE: we need to be more specific when talking about deprecation   the person who suffers is the user  There are two proposals for GUI deprecation:  1. Hide it in the send screen with a simple option to expand (currently merged iirc)  2. Hide it completely in the send screen unless users enable the field in advanced settings (PR'd but not merged yet iirc)  What are the arguments for 2?   Both are poor options, but 1 is better than 2 by a long shot   Well the people who need to be made to "suffer" are the exchanges. And I don't see a way to make exchanges "suffer" other than by having their suffering customers complain to them constantly that they need to update.  ^  CLI has something similar where users need to set a manual payment ID transfer mode. Not sure if it's merged yet   the way to make the exchanges suffer is when we ban PIDs. They either upgrade or don't use Monero.  exact;y  Agree with rerahr here  have exchanges been provided with clear, practical, sufficient technical upgrade plans for supporting what they're doing with PIDs but with subaddrs?    Both are poor options, but 1 is better than 2 by a long shot <= I wouldn't call 1. a poor option. Have you actually checked how it looks?  Because it states "Payment ID" and a user has to click on the + to expand the field  endogenic: yes the email when out. Blog post coming soon, but contains the same info as the email  also the exhcnages' users are often using wallets that don't support subaddresses  ok great   as well, it should be noted that the timeline for exchanges to upgrade is September, not October when the fork is.  Which wallets are that?  Rehrar: I don't see option 1. causing any issues/confusion  i guess it doesnt matter too much if withdrawing as a personal user the main address should suffice   Because September is when the new versions will be coming out without PIDs in the UI  If there's opposition to 2, 1 is fine. We can still call it deprecated which is the optics we need anyway   exchange users are often just using other exchanges lol. No wallets involved.   dsc_ dEBRUYNE, ok, I trust you guys here then  rbrunner: i was thinking mymonero last i heard  Ok  pigeons: rbrunner yes receiving on subaddresses won't be supported yet  sending to them has been possible though  and yes as learnandlurkin says often they withdraw to other systems like exhcnages that also dont yet support subaddresses  I really can't come up with any good argument for 2. right now  endogenic: seems not much of an issue then. Exchanges will typically support withdrawals to both subaddresses and plain addresses (especially if we are going to force them to use subaddresses)  For deposits, MyMonero works properly if the user sends to a subaddress  Actually the second solution was already merged: https://github.com/monero-project/monero-gui/pull/1866  Maybe not enough eyes watching :)   The important thing is to have done something to justify having a big "DEPRECATED IN APRIL" stamp on PIDs to spook exchanges in the interim  This was for solution 1: https://github.com/monero-project/monero-gui/pull/1855   The Monero Community Workgroup will start making noise everywhere we can to exchanges, and everywhere else that will listen. Try to get on those garbage news sites also.   So everyone knows that deprecated in April, and banned in September  Hey, for solution 1, write "Payment ID (optional, deprecated)" or similar there  rbrunner: noted  rehrar: probably wait until the blog post, but it should only be a few days   Maybe a Reddit sticky post would be useful?   With the blog post   If people are over freaking out about the hashrate  or terabyte blockchain :)  sigh  Any questions for the MRL side?  Is someone checking ArticMine's block size changes for weird behaviour in some cases etc ?  How would such testing work? Private blockchain?  I'm waiting on cost information from ArticMine to complete the model  Or just simulations?  Also, smooth suggested a mean rather than median for the 100000 block op. It would indeed be much nicer if it doesn't make the change worse.  You mean computationally or what?  Nicer ? Yes.  no sorting needed for mean  I'll add a separate sim for that  Well, just nicer. Forger the much.  Forger the Much sounds like the formal name of a Lord of the Rings character  :)  To close the payment ID discussion, in essence, we agree that we shouldn't make it difficult for the user to add a payment ID right (until 0.15 is released)  ?  I don't. I did make it harder.  In the CLI, somewhat other story, I would say  than the GUI  People there are used to juggle with options and CL parameters  rehrar: I recommend opening another issue to reverse 1866 and we can gather feedback on it there  Sounds good, to me at least   Dudes, if I do a Jitsi stream right now to show the new FFS in action, would you guys be interested in watching it?  I'd watch it, if the meeting is formally done  sure  yeah, can I start one and record it?   I'll give it in like fifteen minutes   I'll let you all know, stand by  I have a question on tx_extra if no one else has anything to talk about  People have said you can put arbitrary data in there in whatever format you want as long as you're willing to pay for it. However, do you need to mine the transaction for it to be included? I didn't think nodes would block transactions with arbitrary tx_extra data  It'll be in nodes' txpool when you relay it. A wallet could see it before it's mined.  moneromooo: will it be mined though?  by others  Is it valid ?  assume it's otherwise valid  Does it have a high enough fee ?  assume it does yes  I ran into conflicting information here: https://monero.stackexchange.com/a/3627/42  Then it will probably be mined.  I once had the idea to put "my" MMS messages in there, looked at the code, and found no hard blocks for tx_extra data  That answer looks incorrect.  It is incorrect  If it will be mined, then that meets my assumption. There seems to be some misconception that people will not mine transactions with arbitrary tx_extra. I can add some comments there  And please don't spam it, and don't put fingerprintable stuff in it. It's meant to be here for *useful* stuff that's "uniform" enough.  It will be mined, whether a wallet *displays* the tx_extra is a different question.  I don't think any wallet currently displays that  it soes if its a pid  I think  Yeah, of course :)  Great, that answers my question 
submitted by dEBRUYNE_1 to Monero [link] [comments]

Detailed write up about EOS. Comments are appreciated.

#1 - What is EOS?

EOS has attained celebrity-like status in the cryptocurrency market - on the back of a very successful ICO, and because it’s seen a healthy rise in its price ever since news of its mainnet hit the markets.

EOS: The Basics

EOS is a decentralised operating system based on blockchain technology. It is designed to support of decentralised applications on a commercial-scale by giving all the required core functionalities. These enable businesses to build the blockchain applications in a manner that stays similar to that of web-based applications.
This blockchain network has also claimed to remove transaction fees and conduct millions of transactions within a second.

EOS Development

10% of these tokens are reserved for Block.one. Total of 20% EOS tokens was sold on Ethereum in the first 5 days of the entire 341 days long token sale. The remaining 70% tokens, that stand under the majority, are to be sold and produced at market value.
The startup, EOS ICO, managed to get $170 million in the first step, regardless of critics from numerous representatives on the blockchain community.
EOS is presently the fifth leading cryptocurrency of the world by market capitalization.

#2 - What are the benefits of EOS?

Technology

  1. The objective of EOS is to provide a decentralized platform to host applications, implement smart contracts and use blockchain for businesses while hoping to solve the scalability issues faced by pioneering cryptocurrencies such as Bitcoin and Ethereum.
  2. It will also eliminate the fees charged for transactions. It will accomplish this by using delegated proof-of-stake of the consensus protocol as well as by being multi-threaded (being able to run on various computer cores).
  3. The target of EOS is to be the very first operating system that will be decentralized. EOSIO provides a better developmental environment for decentralized applications, such as, BitShares, a platform for the decentralized exchange of cryptocurrency and Steemit, a social networking platform with monetary incentives.
  4. The native token, EOS, is a utility token that gives both storage and the bandwidth on the blockchain. It is proportionate to the entire stake (owning only 1% of EOS tokens permits the usage of up to 1% of the total bandwidth).
  5. These tokens also permit the owner to participate in the on-chain governance of the blockchain and to cast votes, in proportion to the stake of the owner.
The EOSIO platform will drop its vote for 21 block producers at the time of its launch that will further validate and generate blocks within the block time of 500 ms.
The smart contract and general language for building the entire platform is WebAssembly (C, C++, Rust) and a portable machine build at World Wide Web Consortium (W3C).

#3 - How to buy and store EOS

How to buy EOS

The EOS coin is listed for trading on various trading exchanges all around the world, and is paired with a few major cryptocurrencies like BTC, ETH, BNB, KRW, and USDT, which is a pro for the user of EOS as this allows the users to access or obtain the EOS token by using their present ETH, BNB, BTC, USDT, or KRW.
The entire list of trading exchanges for EOS token includes major global exchanges such as Binance, KuCoin, Bitfinex, Huobi, and more. It has over 120 pairings available across nearly as many exchanges - allowing users to purchase EOS using BTC, ETH, USDT and other major cryptocurrencies.
  1. While cryptocurrency exchanges provide you a platform to buy or sell the EOS cryptocurrency, CoinSwitch, cryptocurrency exchange aggregator comes in to help you make the right decision by providing the prices for EOS on multiple crypto exchanges. It supports more than 140 coins and 45,000 pairs of cryptocurrencies.You can choose whichever pair you want with your token and compare the prices at exchanges. This way you can choose the best deal for you!
  2. What’s more - with CoinSwitch, you do not rely on a separate wallet from the exchange to store your EOS cryptocurrency. Instead, all transactions happen to and from your own personal private wallets.

EOS Storage

EOS is an ERC20 token - which means it can be stored on any wallet that supports Ethereum. While this will change once EOS releases its own mainnet, currently a EOS wallet that you can use can be one of the following:

#4 - What is the future of EOS token?

Trends so far

  1. EOS’s company, Block.one, is registered in Cayman Islands. It began offering EOS tokens to the public in June 2017. It raised $700 million during its ICO - a fairly large amount and a testament to the support it has received from the masses.
  2. An online, wiki-based encyclopedia, Everipedia, has announced its plans for using EOS blockchain technology on 6th December 2017. As soon as the Everipedia is decentralized and hosted on EOSIO platform, few countries such as Iran and Turkey that have blocked Wikipedia, will not be able to block it any further via Everipedia’s fork.

EOS Global Acceptance

The Market Cap ranking of the EOS cryptocurrency is 5th, and it holds a market capitalisation of $10.9 billion USD as of June 2018. A total number of 900 million EOS coins are in circulation.

Future Prospects

#5 - How is EOS different from other cryptocurrencies?

  1. One aspect that makes EOS entirely different and better than all the other cryptocurrencies is that it does not charge any transaction fees.
  2. EOS is a decentralized platform that has room for far higher scalability. While both Ethereum and EOS are platforms that can run smart contracts, EOS claims to offer faster transaction times, and quicker execution. It can further support industrial-scale decentralized applications.
  3. While Ethereum uses a Proof-of-Work (PoW) model for its mining operations, EOS will use a Delegated Proof-Of-Stake (PoS) model for EOS mining - which is far faster, and will not be as energy intensive as mining generally is.
  4. While developers on blockchains typically have to use a specific language to build their applications, EOS allows developers to compile in Web Assembly, which means developers can use C++ to build their applications!

#6 - Should you invest in EOS?

The Good:

  1. It is likely to be the first third-generation blockchain to reach out to the market.
  2. Unique features: - It has parallel processing that is good for scalability. - It has no transaction fees, block producers paid out by inflation.
  3. There is an inflation build in the token model, which will help the block producers earn incentives when performing their work.
  4. It will also have a process for the recovery of an account if you tend to lose your private keys. It will make human readable account names.
  5. EOS has a massive reserve so far. Due to its initial coin offerings, it has earned billions of dollars. The platform has created a large ecosystem fund with this reserve.
  6. Companies and organizations can easily make decentralized applications with the help of this platform.

The Bad:

EOS has a lot going for it. This is why it raised over $700 million in its ICO in the first place. You already know how to buy eos coin by now. Whether you should buy and hold, is a decision that will require more deliberation, as with any other cryptocurrency.
submitted by perky_coder to eos [link] [comments]

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