Tuesday, December 18, 2018

[Daily Discussion] Wednesday, December 19, 2018

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  • Technical analysis, trading ideas & strategies
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Cocos-BCX:Decentralized game application and digital asset creation platform

I. Project Overview

Cocos-BCX is a platform used for the development, operation, management and transfer of decentralized applications and in-application assets on the blockchain ecosystem. The platform mainly includes three function modules:

(1)The application development framework that supports multiple operating systems and various blockchain environments.

(2)Completely scripted, componentized and data-driven application development tools;

(3)An improved blockchain system, which is oriented to high performance applications and based on graphene technology framework, and its related functional components.

Cocos-BCX can allow developers to perform programming, debugging, and publishing of decentralized applications oriented to the blockchain environment, and hybrid architecture applications. Meanwhile, the platform integrates the distributed user account system, wallet and digital asset circulation platform based on the blockchain, which can realize the permanent saving and cross-chain use of in-application assets.

II. Project evaluation

(一) Market analysis

1. Market conditions | 8 points

The organizing pattern of productivity dominated by governments in some areas or industrial domains is apt to change in the context of bottlenecks existing for global scientific and technological progress, rising resource consumption, an aging population, and intensified geopolitical conflicts. In particular, in 2008, when Nakamot published his thesis "Bitcoin: A Peer-to-Peer Electronic Cash System", discussions on blockchain and digital currency have gradually extended from technological aspects to economic, social and political, and other fields. The general public have begun to pay close attention to the impact of blockchain on social development as well as the role of digital currency in the world economy. Based on the decentralized characteristics of the blockchain and the vibrant vitality of the digital economy, the general public has enough confidence to predict that the decentralized "digital assets" will be a sweeping trend in the future, and will derive new business models and social values.

At the same time, in the development process of decentralized applications of different types, the game industry enjoys unique development advantages, because the game's production mode is the most sophisticated, enjoys the highest degree in terms of commercialization, and is one of the scenarios with the most profound foundation in terms of developers and users.

u Analysis: The game field has a huge room for development, which is highly consistent with the characteristics of the blockchain, and accords with the future development tendency of the digital economy.

The digital asset economy model carried by the project through the blockchain technology will assetize the content produced by the developer, enable the developer to continue reaping benefits during the use, management and transfer of his assets, and provide him with a convenient, decentralized game distribution channel; meanwhile, it helps players to transform the data formed by time and energy as well as the props they obtain as a result of their consumption into the assets that can be safely stored and circulated, offering players the right to manage and commercialize them.

2. Competition | 8 points

Since the last century till now, owing to the sustained efforts and promotion by a variety of IT technology game enterprises, the national and even global online game market is developing by leaps and bounds. If there is no systematic risks, such as policy regulation, vicious incidents and other factors, there will be no smooth and endless development momentum unless something unexpected happens. However, an objective analysis reveals that the current online game market is still dominated by IT technology companies, and even in a controlled and monopolized development, which, of course, also brings substantial profits, such as Tencent, Blizzard Tech.

u Analysis: It can be predicted that the Cocos-BCX project will hardly have any direct competitors in the strict sense for the time being, but will encounter a marginal pressure competitive environment from two dimensions. In summary, the classical IT game companies at home and abroad are massive in size and have obvious capital advantages. However, the Cocos-BCX project has an advanced philosophy and cutting edge technology, and thereby enjoys first-mover advantages for a breakthrough; The blockchain game project of the same business is currently marked by wide participation and generic applicability. But in comparison, the Cocos-BCX game industry has such advantages as a salient background, special project orientation and sophisticated development in technical modules, and therefore has greater development potential.

(二) Token Status

1. Token situation | 6 points

(1) Basic situation of Token

Token name: COCOS

Total tokens in circulation: 100 billion

Consensus mechanism: DPOS

(2) Token usage and allocation

Part I 82%: Cocos-BCX is used for the platform community construction in various ways, including but not limited to the witness' block reward, incentives for platform ecological developers, global community construction, marketing and promotion, industry alliances, eco-investment, research, financial and legal compliance. The use of this part of Cocos-BCX includes swapping by means of the consensus work contributions, free gifts, gifts in exchange for service, and gifts in exchange for other tokens, etc.

Part II, 18%: Cocos-BCX is intended as incentives for the sponsoring team of the project. The incentive part will set up a locking mechanism, which will be issued and unlocked one-third at the end of each year after Token generation, and the issuance will be completed within three years.

https://i.redd.it/s47w2jtfj6521.jpg

u Analysis: The use of Token is mainly divided into two parts, among which, 82% is used for project development and construction. The remaining 18%, which has a locked position mechanism, is intended for team incentive and construction. The use design is rather rational, but the team part is slightly higher. Given that the industry is in the initial stage of development, it is of great importance to seize the first opportunity and acquire early traffic users. It is suggested that the proportion of Token used by the team be reduced slightly, which is more conducive to the long-term development of the project. It should be noted that the original holding distribution of Token has not been queried via the official channel, while this link for the conventional blockchain project are basically disclosed. Meanwhile, from the standpoint of ordinary investors, Token’s original holding ratio is also one of the important parameters for its investment.

2. Ecological cycle | 8 points

(1)The Token (COCOS) positioning of the platform: circulation media and governance proof in eco-economic activities

COCOS not only serves as a value exchange carrier and community participation proof for Cocox-BCX, but its orientation as a basic pricing Token is likely to play a critical role in the digital asset ecosystem. With the continuous development of the industry, a large quantity of decentralized digital assets will exist in multiple blockchain ecosystems according to different standards in the future, and the value existing in asset pricing media transcending the chain ecology will be infinitely magnified.

, which is specifically manifested in that developers and users can evaluate, compare, trade and manage digital assets of different chain ecosystems, worldview content, and technical standards based on COCOS. Meanwhile, as a primary and basic pricing medium, COCOS is positioned to become the necessary conditions for the blockchain industry to develop and trade financial products and derivatives of digital assets in the future.

(2)Basic use model of Token (COCOS)

Ø Value exchange medium within the platform ecosystem;

Ø Entrusted consensus equity share representative of the Cocos-BCX public blockchain;

Ø The reference and basis for the measurement of the participation in and contribution to the platform community.

(3)How to obtain Token (COCOS)

Ø Value creation: It includes the contribution of the behavior of creating digital assets, that is, developing games, making props, etc.

Ø Platform contribution reward: Users who contribute to the Cocos-BCX community is entitled to COCOS;

Ø Market transaction: Selling the prop assets obtained in the game to get COCOS;

Ø Behavioral incentives: Various effective behaviors within the Cocos-BCX platform, community and platform games will be converted into COCOS

according to a certain contribution degree.

u Analysis: The use model, scenario application, acquisition method, market orientation, etc. for the Token ecosystem design are all well deliberated, to be verified by the market.

The ecosystem design of the Token project not only takes the macroscopic use model and scenario application, but also gives a detailed description of the acquisition method. Another point that must be pointed out is that it has a clear market orientation and future prospect as soon as the design begins, therefore, in general the Token ecosystem design is well-considered and far-sighted. However, for the volatile blockchain market, the crux depends on whether the ecological design philosophy can keep pace with the times, which is very essential. In a word, in the face of massive uncertainties, it needs to be finally verified by the market.

(三) Team member

1. Founder | 8 points

https://i.redd.it/35gq3gyij6521.jpg

Haozhi Chen

China's renowned Internet serial entrepreneur, and has successively led and participated in the creation of Joyo.com, Xcar.com.cn, and cdn.yeeyan.org since 1999, and founded Chukong Technology in 2009. Chukong is a leading game development and distribution enterprise in China and a major maintainer and supporter of the Cocos-BCX global open source game engine and developer community.

https://i.redd.it/2wm6ki0kj6521.jpg

Xiaolong Yang

With over 14 years of experience in technology entrepreneurship and investment, he once co-founded China's leading entertainment social networking company. As an investor, he once worked for China's leading private equity fund, during which period, he led and participated in investment projects totalling over 1 billion US dollars, and realized the exit of some projects at home and abroad. His interests and expertise mainly concentrate on information technology of the global primary market and secondary market in the later stage, and macro multiple asset category investment, and has a profound understanding of the financial market mechanism and asset pricing. He is also an investment partner in China's major technology investment fund and provides counselling for Chinese and American hedge funds, venture capital funds and large enterprises.

u Analysis: Chen Haozhi, as a founder, has rich experience in the game industry, and enjoys widespread networking and abundant resources in the industry as being one of the early Internet entrepreneurs; Another founder, Yang Xiaolong, has a strong experience in technology venture capital investment, and has the expertise for global investment layout. On the whole, two co-founders have a prominent advantage in overall industry background and integrating resources.

2. Founding team | 8 points

https://i.redd.it/twotgvrxj6521.png

Kevin Yin: An early contributor of CocosChina community, NOI winner, and ACM guest. A senior developer of blockchain, and having years of experience in compilation and distributed computing. An investor of the blockchain technology.

Jane Jin: Responsible for CocosChina community, the "Aipuworks" incubator, etc., and an expert of the Techincal Committee for Blockchain, China Software Industry Association. Bachelor of Economics, Zhejiang Gongshang University, and mini-EMBA of Tsinghua University. He once served important functions in "Fortune Global 500" including Lucent, Nortel, NSN, Nokia, Intel and other multinational companies in the marketing, sales, executive and developer relationship domain.

James Jeon: Responsible for the business development strategy and implementation of the project's South Korean section. From 2012 to 2015, he served as CEO of Gurum Company, a South Korean subsidiary of Chukong Technologies, earning an annual revenue of over $30 million from the scratch for the South Korean company and leading the South Korean subsidiary in going public successfully.

Frederick Lim: Responsible for the business development strategy and implementation of the project's South Korean section. From 2014 to 2015, he served as co-CEO of Gurum Company, and was once the director of the Strategic Investment Department of Hyundai Group, responsible for investment in Internet, communication, telecommunications and other fields. He is a doctor of Engineering Technology, Sungkyunkwan University, South Korea.

Hirokuni Fujita: originally head of the Japanese subsidiary of Chukong Technologies. He graduated from Graduate School of Arts and Sciences, The University of Tokyo, majoring in Interdisciplinary Cultural Studies.

Jason: preacher of the Cocos-BCX community and meanwhile, senior manager of the Cocos 2d-x global community. He started to program on the Commodore-64 computer when he was 8. In addition to developing the community, he was keen on studying mathematics, finance, C++ and improving his Chinese proficiency.

Qinzhou Wang: Since entering the game industry in 2009, he has worked in the brand market in ZOL. Com. CN, Howell Expo, host of ChinaJoy, and is responsible for the brand market in Chukong Technologies.

u Analysis: The special technological talent construction of the team technicians needs to be further strengthened. At present, there is a blockchain technician. The game background and the advantages of the international architecture building enjoy prominent advantages, and there are sufficient team members on the strategic level and in the aspect of ecological construction. It is worth mentioning that team building is stable, and there is a high level of consensus among team members, which is conducive to the robust development of the project.

One member of the founding team has experience in the blockchain project development, that is, Chief Technical Officer, who is a senior blockchain developer. He has many years of experience in compiling and distributed computing, and is also a technology investor of blockchain.

In the early stage, owing to the demand of the game industry in the Japanese and Korean markets, Japanese and Korean market leaders were specially arranged in the early team structure of Chukong Technologies. In particular, due to the prosperity and popularity of the game industry in the Korean market, two co-leaders were specially arranged for the Korea market, responsible for strategic and investment issues respectively.

Consultant Team | 8 points

https://i.redd.it/822oiksyj6521.jpg

Zhe Wang: Founder of the Cocos engine, and CEO of Xiamen Yaji Software Co., Ltd. He graduated from Department of Electronics, Nanjing University, and later studied a postgraduate program at Department of Management Science, Xiamen University. He created the Cocos engine in 2011, which currently has 1.1 million registered developers worldwide and 300,000 monthly active developers in over 200 countries and regions in the world. The Cocos engine has arrested the attention of platform vendors at home and abroad, and has established a long-term cooperative partnership with Microsoft, Google, ARM, Intel, Qualcomm, Samsung, Huawei and Tencent, etc.

Edith Yeung: One of some "Silicon Valley's Must Meet" investors as covered in Inc magazine. She is the head of 500 Startups, Silicon Valley's famous venture capital company and incubator in Greater China, and meanwhile, manages a Mobile Collective fund worth tens of millions of dollars. She has invested in over 40 mobile Internet, VR, AR and AI start-ups, including Hooked (App store's No. 1 reading App), DayDayCook (one of Asia's largest food communities), Fleksy (acquired by Pinterest), Human (acquired by Mapbox), AISense and so on.

u Analysis: The consultant team has obvious advantages in technological achievements, rich experience in technology innovation investment and incubation experience for startups.

The consultant team consists of a Maker-oriented technical talent and two venture capital managers with a senior venture capital background, among whom, Wang Zhe, technical consultant, graduated from Department of Electronics, Nanjing University and CEO of Xiamen Yaji Software. Wang is the founder of Cocos-BCX engine. At present, the Cocos engine has 1.1 million registered developers and 300,000 monthly active developers in over 200 countries and regions worldwide.

(四) Tech Analysis

1. Tech highlights | 9 points

(1) Smart contract system which can be updated iteratively: The smart contract system, represented by Ethereum, is not subject to modification once its definition is published, making it difficult to meet the volatile demands of market. Therefore, an iterative smart contract system is designed to address this pain spot.

(2) Prop circulation platform: Unlike conventional game transaction platform, Cocos-BCX's decentralized digital asset circulation platform does not have intermediary agencies. Players can complete the transfer and purchase of non-homogeneous assets, including "game gold coins" and prop assets acquired in the game on the prop circulation platform. In the whole process of transfer, the platform will adopt smart contract for automatic matching to help users complete the transfer process more efficiently.

(3) Game interactive operation environment:

Based on the judgment of the operation environment characteristics of blockchain games in the future, Cocos-BCX has designed a set of integrated operation environment that accommodates various types of APPs, as well as the supporting interoperability interface. Combined with COCOS Creator, it simplifies the process of docking game programs and blockchain, making intra-chain interaction transparent to developers, and allowing conventional game developers to develop or migrate blockchain game without a threshold.

(4) Mapping gateway that supports multi-chain and asset riveting:

Cocos-BCX provides a set of mapping gateways used for the automatic mapping of game gold coins and props. Under the unified value measurement system, it realizes the smooth transition of different in-chain game content and different platform content. The content that can be used for mapping includes game gold coins, game equipment data, etc.

(5) Transaction authentication mechanism that prevents BP/developers from cheating:

BP, as the core of transaction processing and communication of the whole network, can know the processing result of the latest transaction prior to general nodes. Therefore, BP enjoys a priority for information with timeliness or confidentiality

, as compared with general nodes, so it has a cheating potential in terms of

information acquisition. To address the drawbacks of this technical link, five modular confrontation mechanisms has been specially designed to hold the likelihood of BP/developer cheating at bay.

(6) Economies Principle Design of Cocos-BCX:

The Cocos-BCX platform carries the game assets value created by developers by providing a complete set of functional components including the underlying public blockchain, digital property management, and exchanges. Its technology and governance structure design, based on the graphene standard, has the economic attributes corresponding to the DPoS consensus mechanism.

u Analysis: There are a multiplicity of technical highlights in that the overall technology construction shows characteristics such as rigid logic and prominent modularity, and various technical solutions and mechanisms with a strong pertinence have been put forward.

Based on the market pain spots of the game industry, and combined with the development opportunities of blockchain technology, the Cocos-BCX project puts forward a vision system to create consistence between the content producer and consumer in the digital world. In view of the initial intention of the project and the relatively profound background of the game industry, the overall technical structure design of the project is highly targeted and has a strong logic, which can be described as closely connected with each other. Based on the large technical framework system, each technical link and organization also has a strong sense of target and logical gene, and on this basis, many modular and modified technical programs or mechanisms have been proposed. However, it is worth noting that the synergy of a series of highlight technologies remains to be verified and examined. Meanwhile, attention should also be paid to the practicability and rationality.

2. Impossible Triangle | 7 points

(1) Decentralization

Ø Low fork risk: Cocos-BCX uses the DPoS consensus mechanism, which does not require miners to use mining machines for mining, and thereby it can effectively avoid the impact of centralized computing on the entire basechain, which in turn reduces a low fork risk. Under the DPoS mechanism, if a witness wants to fork by voting, it is necessary to guarantee that over one third of the witnesses violate this mechanism at the same time.

Ø Improved DPOS consensus mechanism: The consensus layer of the Cocos-BCX test chain adopts the DPoS consensus algorithm. The advantage characteristics of the improved edition DPOS are as follows: all active witnesses have the same block predefined probability as the witnesses' predefined algorithm in the DPoS consensus algorithm, which ensures that the block probability of all witnesses is consistent with the block reward.

Ø Lightweight node: In Cocos-BCX design, lightweight node is essentially an environment with chain interoperability. Unlike the whole node, the lightweight node does not require to synchronize the whole network data. Instead, it needs the contract information and environment data required for synchronous running. This design can greatly reduce the data volume and synchronization time required for node synchronization, enabling the in-chain game terminal software to have a capacity which is actually used and a plausible time cost.

(2) Security

Ø Player autonomy and asset security: Because of the open and transparent characteristics of the blockchain network, the digital asset information obtained by players in the game can be viewed through the blockchain.

Ø Guarantee by modern cryptography: Modern cryptography is a technology based on mathematics. Currently, it has been widely used in many industries in the Internet domain. Common symmetric encryption technologies include AES encryption used for WiFi, and asymmetric encryption algorithms (public and private key cryptography) RSA, ECC, etc., among which, ECC (Elliptic Curves Cryptography) is an encryption algorithm commonly used in the blockchain field.

Ø A transaction verification mechanism that prevents BP/developers from cheating: BP enjoys a priority compared with general nodes, so it has the probability to cheat in terms of information acquisition. Therefore, the BCX program has designed a set of transaction execution, messaging, and operating mechanisms to address the possible links that allow cheating by BP and developers.

Ø Iterative updated smart contract system: It can provide logical updating and loophole repair for the in-chain game smart contract, thus ensuring the security and timeliness of the smart contract.

(3) Expandability:

Ø Strong expandability of the top-level design of the project

The expandability of Cocos-BCX is powerful, which is specifically shown in a decentralized game production and an overall solution to the game economy operation established by means of the game engine, development environment and Cocos-BCX game chain.

https://i.redd.it/9zqpm1zzj6521.jpg

A business ecosystem is constructed based on the above overall solution, with the purpose of connecting the global game ecosystem. The main ecological links include developers, users, creative content, key ecological links and blockchain system, etc.

https://i.redd.it/l83i3pk0k6521.jpg

Ø Expanded design of specific technologies and mechanisms

1) Multi-platform game integration running environment: This platform is mainly characterized by four features, consistent and perfect chain interoperability interface, downward transparent accepting mode, encapsulated atomic operation and multi-platform compatibility.

2) Interactive interface of blockchain:

Cocos-BCX provides a chain-interactive development environment so that developers can easily interact with the chain through this set of environment. Meanwhile, its blockchain interactive development environment provides development components compatible with multiple working platforms, including SDK for the Android and iOS system, javascript libraries for front-terminal web applications, and python and PHP libraries for back-terminal applications.

u Analysis: The expandability of the project's "impossible triangle" shows the most prominently, and the decentralized attribute is the weakest, whose security is between the two. However, the project takes the three into consideration in terms of the technical mechanism and program function. Yet, the focus is different.

The project interprets the “impossible triangle” by means of thinking and design that focus on technical aspects and key issues.

The security level first guarantees the assets security and freedom of the ecosystem participants, and meanwhile ensures the rationality and security of the overall framework design, and finally takes its system updating and safe recovery into consideration mainly by means of player autonomy, modern cryptography and transaction verification mechanism that prevents BP/developers from cheating.

3. Development difficulty | 8 points

According to the summary of the project white paper, the blockchain game can be generally divided into four developmental stages.

(1)Using the homogeneous assets for the settlement of the game "gold coins";

(2)Free conversion of the game "gold coins" and props;

(3)In-chain operation of critical rules;

(4)Overall in-chain operation of the game

The game in-chain operation is the final form of the industry. Based on the above summary, Cocos-BCX proposes the future development prospect, mainly represented in seven aspects:

(1)Players having a lightweight full-node environment;

(2)The service stack operating in the blockchain environment;

(3)The game engine as one of the node infrastructures;

(4)Providing a joint development/debugging environment including engine, visual IDE, and chain network interactive interface;

(5)a set of asynchronous consensus tasks between nodes to ensure the trustworthiness of the engine environment. This consensus may be based on the discrimination of feature code of

the engine critical function's target code

(6) The game code (contract) is executed by the secure virtual machine controlled by the engine, and the key numerical calculation of the contract may adopt

the “Trusted Execution Environment” scheme, which is executed independently of the main part of the contract;

(7) The key process of the contract is witnessed by the adjacent or related nodes (like players in a copy).

u Analysis: The project covers a multiplicity of technical characteristics and functional mechanisms. The overall development is rather difficult. However, it is highly practicable in terms of performance.

At the initial stage of the project, four stages of blockchain game development were analyzed. After combing, the highest prospect was proposed, implicating to create a complete multi-platform game running environment, which can provide game developers with convenience in developing blockchain games and a perfect ecological environment to the maximum, while bringing game users a brand-new gaming experience and a game form that transcends the previous ones.

Based on the initial project prospect, numerous technical goals and functional modules are listed, indicating that the technical support for the project vision is rather effective. However, as public blockchain of the industry application basis, it encompasses various technical applications and functional modules. Comparatively speaking, the development difficulty is rather big. Meanwhile, as released by the white paper, the theoretical throughput of the Cocos-BCX test chain can reach up to 100,000 tps. The actual throughput is approximate to 3,500 tps, and the block time is 3 seconds, that is, the information broadcast across the entire network is completed once every 3 seconds. It can be seen from the project technical performance data that it has a relatively strong realistic significance. Therefore, on the whole, the project puts forward a sizeable technical challenge, and in the meantime has a reasonable practicability, therefore, it is worthwhile to look forward to!

(五) Project status

1. Product | 7 points

(1)System-level products

Ø The application development framework that supports multiple operating systems and various blockchain environments.

Ø Completely scripted, componentized and data-driven application development tools;

Ø An improved blockchain system, which is oriented to high performance applications and based on graphene technology framework, and its related functional components.

Ø Supporting non-homogeneous wallets;

Ø A blockchain browser that supports the contract event subscription;

Ø Supporting the third-party non-homogeneous asset exchanges;

Ø Supporting the blockchain game developed by a third party;

Ø Cross-chain asset acceptance gateway.

(2) Functional products

Ø De-intermediary assets (prop) operation interface;

Ø Paradigms of non-homogeneous assets circulation platform;

Ø Supporting player autonomy and blacksmith shop mechanism;

Ø Visual IDE (including visual editing of the game program and contract);

Ø Complete wallet, user system and blockchain browser;

Ø Smart contract system that allows iterative updating.

u Analysis: According to the information released on the official website of the project, the timeline shows that the Cocos-BCX main chain has started the closed beta test in the third quarter of 2018. Based on the obvious characteristics of the project technology module, Cocos-BCX has launched two series of projects, namely, system-level and function-level products, including development frameworks, blacksmith shop mechanisms tailored to various operations and multiple environment.

2. Code updating | 2 points

u Analysis: It is learned from official communication that the source code of the project has not been made public for the purpose of keeping the project's trade secret confidential. It is planned that the project will be open source in the future after the ecological and system products become gradually stabilized.

3. Completion status | 8 points

u Analysis: The project has formulated an overall development plan and recent work tasks, and at the same time it has demonstrated its strong vitality through weekly report, timeline and development broadcast.

According to the official channel inquiry, the project has formulated the Roadmap for the 2018 key milestone quarter and the recent detailed work task breakdown plan, and the project has a very complete display system featuring three major development progresses:

(1) Weekly reporting system

(2) Project timeline

(3) Development broadcast

Through the Roadmap+ work breakdown + 3 major system model, the project's development trajectory and dynamics have been display in a basically three-dimensional, spatial, meticulous and detailed manner, and in the meantime, the powerful execution and self-vitality of the project have been also displayed.

(六) Institution enabling (Investors)

1. Cooperative institutions | 9 points

https://i.redd.it/9qmh4jj1k6521.jpg

u Analysis: Cocos-BCX has a wide margin for cooperation, and its cooperation institutions are not only numerous, but also mainly of leading and quality enterprises in the industry.

The cooperative institutions include HelloEOS, NEO, NEBULAS (chain), Loom, IMEOS.ONE, Kingsoft Cloud and SlowMist Technology, etc.

NEO is one of the earliest blockchain projects in China. It was officially created in 2014 and was open sourced in real time in Github in June 2015. Since its establishment, the NEO team has experienced ups and downs of the blockchain industry. This project can be said to be a veteran project in the industry. NEO combines with a series of technologies, such as point-to-point network, Byzantine fault tolerance, digital certificate, smart contract, superconducting transactions, and cross-chain interoperability protocols, to perform rapid, efficient, secure, and legitimate smart management of assets.

2. Investment institutions | 9 points

https://i.redd.it/xd5u9w62k6521.jpg

u Analysis: There are numerous investment institutions, many of which are Class I institutions, with a strong institutional strength.

Investment institutions include NGC, Binance, INB Capital, Dfund, 500 Startups, BlockVC, OK Blockchain Capital, Yisu Capital, Xiong'an Capital, ONTology, FreeS FUND, NODE Capital, Consensus Capital, Hash Capital, NEO Capital, Ticker Capital , ContractVC, Junwu Capital, Candy Capital, Hofan VC, BMETA Capital, BYTE Capital, Nimble Capital, InsurFun, BA Capital, Consensus Lab, TOKENMANIA, Byzantium Capital, etc.

The rest investment institutions are also well-known. For example, DFUND was founded by Zhao Dong, a well-known figure in the digital currency domain in July 2017. Yisu Capital is engaged in the early investment and project cooperation, focusing on blockchain technology and big data intelligence analysis, and other domains.

(七) Drawing attention | 6 points

https://i.redd.it/78rnnt96k6521.png

Project content description

https://i.redd.it/cgps19x6k6521.png

u Analysis: The game user and developer group are highly active, and meanwhile the publicity of the media and news client are enhanced. The overall heat and operation and maintenance thinking are well-balanced. However, the current community operation link is relatively weak, and requires improvement in the follow-up.

Presently, the number of community fans is small. Therefore, the operation link of project content is rather weak. However, media communication and news broadcasting, two links of propaganda and promotion efforts, are quite effective, basically realizing a timely and real-time posting of the latest developments of the project. Although the media and news client are widely disseminated, their social interaction is relatively weak. The social platform has its own communication limitations. However, it is highly involved in interaction.

(VIII) Social Response | 7.78

User A | Point: 7.9

Comment: From the perspective of production mode and commercialization, this game is the most sophisticated. So I think this project has a very extensive application scenario, especially for developers and users.

User B | Point: 7.0

Comment: Currently, it seems that the game industry is greatly influenced by macro policies. Tencent's recent performance is a case in point. However, the project orientation is quite good.

User C | Point: 8.0

Comment: The technical advantages of the project are particularly prominent, and it also seizes the development opportunities of the blockchain. However, ultimately it needs to undergo the test of the market.

User D | Point: 9.0

Comment: First of all, COCOS has a large number of developers, solid underlying technology and reliable team work, which is worth looking forward to. Of course, great "undertaking" calls for enormous input, especially in technology. The way is arduous and long. Come on.

User E | Point: 7.0

Comment:

As a game practitioner, I would talk something about Cocos-BCX project: when the concept of blockchain game is put forward for everyone to consider, at this stage, it is no doubt that the dimension (type) of the game is developed from the perspective of "inheritance" and "tracing its very origin". If the Cocos-BCX project can be applied by game developers in terms of "development kit", is easy to learn and use, and allows the mobile game developers to shift to the development of blockchain games without a threshold, then the game dimensions and users can be further expanded. In a word, phenomenal games of blockchain games need the support of Cocos-BCX and the efforts of developers, both of which are indispensable. It is hoped that the team will make great efforts in development and publicity. "Coin friends" may not need to know how the game is developed, but they will certainly care about its future space. Such evaluation can only be called prospects and expectations. It remains to be determined whether the project adopts capital operation or the mode as solid as the old engine of COCOS till the project is landed.

III. Evaluation Summary

The project orientation is accurate, and the team has a strong lineup. It merits pointing out that its technical strength and model architecture design are particularly prominent, and there are an array of investment and cooperation institutions with strong strength. However, at present, the code has not been open sourced and the community operation and maintenance is deficient. The information disclosure of the Token link is not particularly perfect, and individual investors may care much about it. The Roadmap of the project development is all too simple. These are the deficiencies of the project development at the current moment.


[Daily Discussion] Wednesday, December 19, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Wednesday, December 19, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


Decentralized the music industry

Rapid digitalization of music has created a variety of ways to monetize your content. But the problem is that the music industry has been built as a centralized system for physical distribution. This was more practical in the 1970s when there was no internet and there were record labels distributing real records. This centralized system is not designed for today's digital world, and the old structure creates multiple inefficiencies in the music value chain.

Fortunately, we have decentralized the music industry and have added value to artists, consumers and other industry people. imusify is one of the pioneers of the decentralization movement of music. Other block-chained music projects play a key role in dealing with inefficiencies such as event scheduling and copyright management. However, the goal is to support diverse stakeholders and players in the overall music value chain, including crowdsourcing, collaboration, production, distribution, promotions, curators, and live events.

While traditional Rapid digitalization of music has created a variety of ways to monetize your content. But the problem is that the music industry has been built as a centralized system for physical distribution. This was more practical in the 1970s when there was no internet and there were record labels distributing real records. This centralized system is not designed for today's digital world, and the old structure creates multiple inefficiencies in the music value chain.

Fortunately, we have decentralized the music industry and have added value to artists, consumers and other industry people. imusify is one of the pioneers of the decentralization movement of music. Other block-chained music projects play a key role in dealing with inefficiencies such as event scheduling and copyright management. However, the goal is to support diverse stakeholders and players in the overall music value chain, including crowdsourcing, collaboration, production, distribution, promotions, curators, and live events.

While traditional block-chained music projects address the current pitfalls of the music industry, allegories are designed for the future. We are building a scalable and adaptable technology framework that enables artists, music lovers, entrepreneurs and developers to connect to our platform, create collaborative content and build new use cases.

A block chain provides virtually anyone with countless opportunities to improve the quality of life, but operating as a distributed organization implies inherent risks. With the birth of cryptocurrencies and exchanges, the barriers to investment have dropped dramatically. The economy boom and bust episodes occurred due to the currency entering the market and subsequent floods of the Initial Coin Offering (ICO).

Boom and bust episodes occur when a company's asset prices do not directly relate to value or duration, but rise or fall dramatically. It is because of the fact that it is traded on the basis of transferring the value of a case or returning a profit. Although the cryptocurrency exchanges resemble stock exchanges, so far cryptocurrencies have only been deceptive and have rarely taken into account the actual value or potential profitability of the company.

imusify thinks that it is the responsibility of a cohesive document that escape the "white paper era" of block chaining and currency trading to an era of real use and real value. While most white papers do not discuss the larger context of the block-chain economy, this analysis clearly demonstrates the inevitable uncertainty of innovative venture companies such as imusify and the need for stakeholders and early adopters to make informed decisions. Providing information can be valuable to the reader.

background

Understanding Block Chains in Context

As distributed applications (use cases that use service block chains) begin to present a destructive threat to the industries, companies and educational institutions around the world are seeking to understand and invest in massive block chains.

rate. To the best of our knowledge, we have been working on the discovery of the disintegration of the music economy.

Blockchain is designed to make "trustworthy intermediaries" unnecessary by injecting trust in the form of trust when performing the original transaction. In 2009, the origin of Bitcoin blocks, "Block Chain" was born. This means that the first block has been created. "Mining" refers to the process by which a computer collects and encrypts transaction batches and then uses the computing power to identify transaction groups. Each transaction group creates a new "block" in the block chain. The current block chain exists only as a premise of Bitcoin decryption technology, and for the next several years the block chain was understood only by the initial cryptophobia group. During this time, ideas have emerged on how Bitcoin and other encrypted currencies can create value. People began paying for random goods and services in Bitcoin, and Bitcoin's speculative value soon began to rise as excitement about their potential grew. The question arises as to how the banking infrastructure plays a role in the financial system. Several proof-of-concept appeared in late 2016 and were deemed impossible for companies trying to implement them later. Despite the lack of success, more and more narratives and ideas have emerged and many cryptocurrencies have attracted investment attention. The question arises as to how the banking infrastructure plays a role in the financial system. Several proof-of-concept appeared in late 2016 and were deemed impossible for companies trying to implement them later. Despite the lack of success, more and more narratives and ideas have emerged and many cryptocurrencies have attracted investment attention. The question arises as to how the banking infrastructure plays a role in the financial system. Several proof-of-concept appeared in late 2016 and were deemed impossible for companies trying to implement them later. Despite the lack of success, more and more narratives and ideas have emerged and many cryptocurrencies have attracted investment attention.

Today, the network function of block chaining is the driving force of many blocks of chain narratives, including Bitcoin. Entrepreneur Cameron and Tyler Winklevos talk about how network power adjusts network beliefs through public statements about block chains. Tyler explains the performance of this particular network by using an analogy of a telephone. If a person in the world owns the phone, there is no value. If two people own the phone, it will be worthwhile for them to communicate with each other. The more people who have a phone, the greater the value of the phone because of the exponential increase in potential communication. Bitcoin operates in the same way as digital calls. The more people have it, the more value a currency has to serve as a means of exchange and payment.

The narrative of the barriers is that of the barriers to creating and investing new narratives are low, giving the prospector the opportunity to take advantage of opportunistic and inexperienced investors. Some of these projects, known as deceptive coins, often produce white-paper narratives about the "original" value proposition of coins. They use descriptive white papers to coordinate investor beliefs, exploit informed investors, and raise funds through ICO. Winklevoss is a network of people who are connected to the Internet.

The practical idea will be to buy. The problem with the scam coins is that it realizes that the coin is real, and it does not provide the user with real value, resulting in an unavoidable crash or heartburn.

Likewise, other block chain start-ups may be intentional or

Accidentally overestimate projects and encourage funding using similar strategies. These start-ups may lead to a bust episode for buying coins, which may lead to a lack of confidence in investors.

Through the examples of fraud coins and project oversight assessments discussed above, we can see that the misleading narratives can rise and fall rather than the token value of a startup that is not related to the underlying value of the project. This is the first time that we have been working on a project to build and maintain a solid foundation for our business.

To reduce the risk of negative conjectures, start-up companies should easily propose

It is an understandable business model that explains which parts of the value chain are improved or eliminated and how such optimizations can provide value for participants. To be effective, your business plan should clearly state how your business can make money. You should also discuss the specific components of the value chain that you are changing and the overall economic ecosystem.

These business models will be discussed later in this white paper, but we will look closely at how the combination of user or individual, narrative, and block-chain technologies can coexist to create synergies.

White paper: https: //imusify.com/#whitepaper

Website: https: //imusify.com/


[Daily Discussion] Wednesday, December 19, 2018

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[Daily Discussion] Wednesday, December 19, 2018

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[Altcoin Discussion] Wednesday, December 19, 2018

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  • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
  • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
  • No discussion about specific ICOs. Established coins only.

If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

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[Daily Discussion] Wednesday, December 19, 2018

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[Daily Discussion] Wednesday, December 19, 2018

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What’s Next for Bitcoin Miners in 2019 Amid Lower Price? - Inside Bitcoins - News, Price, Events

https://insidebitcoins.com/news/whats-next-for-bitcoin-miners-in-2019-amid-lower-price/202826

[uncensored-r/Bitcoin] 2018 bear market exercise.

The following post by Rappingthegame is being replicated because some comments within the post(but not the post itself) have been silently removed.

The original post can be found(in censored form) at this link:

np.reddit.com/r/ Bitcoin/comments/a7fjkw

The original post's content was as follows:


Let’s make a list of all the infrastructure that has been developed during the price decline. Display that 2018 has been an exceptionally bullish year in terms of non price movements.

Easy bitcoin full node and lightning nose setup guide. Fun way to get your hands a little dirty with tech side of bitcoin.

From Pierre Rochard

Blockstream deploys satellite network broadcasting the bitcoin Blockchain practically worldwide, making it not necessary to have an internet connection to receive the Blockchain.

satellite ??

Casa amongst other companies release plug and play bitcoin full node and lightning nodes. Insanely easy to plug in and have these running.

Casa

Caitlin Long spearheads efforts to create new banking laws, making Wyoming further friendly for bitcoin and better banking practices.

Caitlin

Fidelity, bakkt and other well regarded institutions enter the space.

Fidelity



[Daily Discussion] Wednesday, December 19, 2018

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[Daily Discussion] Tuesday, December 18, 2018

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What you should know about Plaza system

Plaza creates the leading decentralized consumer market with a lifestyle-first focus, the first to integrate a range of emerging technologies, such as blockchain and artificial intelligence (AI).

Anyone, regardless of their net worth, can participate at the earliest stage of what is shaping up to be 2018’s most exciting ICO. You may join one or both of the following events

One of the side effects of using limited-supply tokens, such as the PLAZA token, for marketplace transactions is the potential for price volatility as realised by even hardened cryptocurrencies such as Bitcoin and Ether.

Thus, to synchronise the Plaza Ecosystem globally, stabilise prices, and create cross-market e-commerce compatibility, Plaza will issue a stable, fiat-backed cryptocoin, the PlazaDollar (PL$), to be used exclusively for Plaza marketplace transactions.

In addition to applying AI technology depicted above, Plaza will integrate the existing payment functionality with the key emerging technology of the blockchain in layers.

Plaza Systems occupies the intersection of lifestyle and technology.

We are developing the Total bCommerce™ solution, which includes the fast and future-proof MerchantChain™ — a blockchain commerce (bCommerce) infrastructure upon which others can build decentralised applications — as well as the Freedom Lifestyle™.

The Freedom Lifestyle suite of product search & payment tools offer:

The ability to quickly and conveniently browse the best shopping deals across the whole internet, anytime, and from anywhere;

The privacy, savings, and security of cryptocurrency payments;

The sensible flexibility to enjoy the products of your favourite vendors using a payment system everyone is familiar with; and

That’s not all! Follow the links below to find out more …

Website: https://plaza.systems/

Bounty0x username: nwangwu


SEC’s Bitcoin ETF Rejections All Cite Poor Safeguards and Widespread Crypto Market Manipulation - Bitcoin Exchange Guide

https://bitcoinexchangeguide.com/secs-bitcoin-etf-rejections-all-cite-poor-safeguards-and-widespread-crypto-market-manipulation/

[Daily Discussion] Tuesday, December 18, 2018

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2018 bear market exercise.

Let’s make a list of all the infrastructure that has been developed during the price decline. Display that 2018 has been an exceptionally bullish year in terms of non price movements.

Easy bitcoin full node and lightning nose setup guide. Fun way to get your hands a little dirty with tech side of bitcoin.

From Pierre Rochard

Blockstream deploys satellite network broadcasting the bitcoin Blockchain practically worldwide, making it not necessary to have an internet connection to receive the Blockchain.

satellite 🛰

Casa amongst other companies release plug and play bitcoin full node and lightning nodes. Insanely easy to plug in and have these running.

Casa

Caitlin Long spearheads efforts to create new banking laws, making Wyoming further friendly for bitcoin and better banking practices.

Caitlin

Fidelity, bakkt and other well regarded institutions enter the space.

Fidelity



[uncensored-r/Bitcoin] Newbie here

The following post by JackLeeSwagger is being replicated because some comments within the post(but not the post itself) have been silently removed.

The original post can be found(in censored form) at this link:

np.reddit.com/r/ Bitcoin/comments/a7dh60

The original post's content was as follows:


And I need help from you guys. I've watched videos by Adreo Antonopolos, and I ordered a couple of his books yesterday. But as far as the rest of you guys I feel like I'm extremely lacking in the knowledge on how everything works. I have practically 0 in depth computer experience, but the technology behind bitcoin is fascinating and it's making me want to learn more. I began to read the guide on the raspberry pi and the lightning network and quickly realized I was out of my league with the use of the command prompt, but I still want to learn. Can anyone point me into a good direction on how much computer know how I'm gonna need to really get into this, where to learn it, resources, what to read? I really want to play a bigger part in this because I believe in the tech, but I don't know where to go from here.



List of Today's and Tomorrow's Upcoming Events

I will be bringing you upcoming events/announcements every day. If you want improvements to this post, please mention /u/houseme in the comments. We will make improvements based on your feedback.

 

https://kryptocal.com | /r/kryptocal | Android | iOS | Telegram Interactive Bot (add cryptocalapp_bot) | Telegram Channel @kryptocal

 

ADD AN EVENT

If you like an event to be added, click Submit Event, and we will do the rest.

 

NEXT DAY UPCOMING EVENTS


 

General

Streamr DATAcoin(DATA) Live AMA December 18, 2018
TomoChain(TOMO) ERC20 TOMO Snapshot December 18, 2018
Bitcoin(BTC) Cboe XBT Expiration Date December 19, 2018
Aion(AION) AION & WandX Reddit AMA December 19, 2018
Internet of Games(IOG) Kucoin IOG Giveaway December 19, 2018

 

Air Drops

Neural Protocol(NRP) Spectrum (SPT) Airdrop December 18, 2018

 

Blockchains

GBH Mumbai December 19, 2018

 

 


[Daily Discussion] Tuesday, December 18, 2018

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The Trader Who Nailed the Bitcoin Top Just Covered His Short (current BTC/USD price is $3574.20784133)

Latest Bitcoin News:

The Trader Who Nailed the Bitcoin Top Just Covered His Short

Other Related Bitcoin Topics:

Bitcoin Price | Blockchain | ICOs


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


Bitcoin (BTC) in Space: How Cryptocurrency Solves Interplanetary Payments

https://i.redd.it/vgflkm9pq3521.png

https://cryptoiq.co/bitcoin-btc-in-space-how-cryptocurrency-solves-interplanetary-payments/

Space exploration and colonization is an inevitable reality in the future. NASA and private corporations like SpaceX and Blue Origin already have the technology to launch missions to other planets, but they are taking their time to raise funds and ensure 100 percent success.

SpaceX says it will land people on Mars by 2024.

The richest man in the world and Founder of Blue Origin, Jeff Bezos, says he will create a large moon colony with or without NASA’s help.

Bitcoin with its instant, decentralized, and secure transactions that travel at the speed of light is obviously the perfect currency for space, but there are some downsides.

Here, we’ll explore the benefits of using Bitcoin in space as well as the caveats.

The cost of “launching” Bitcoin into space is simply the transaction fee, usually less than $1, plus however much it costs for the high powered antennas to communicate with the internet across long distances in space.

Compare this to fiat cash money, which would be impractical to launch into space due to the costs of rocket fuel. Launching a $20 bill into space costs $22. Perhaps launching $100 bills into space will work, but the fee would still be hard to stomach, and residents of the moon or other planets will not have any small bills or coins.

Perhaps a fiat system could be set up with all the $100 bills stored in a central repository and then people use digital ledgers to keep track, but why go through all that trouble if Bitcoin already solves this problem.

Decentralized currency will be important in space. For example, if Jeff Bezos decides to leave the Earth and become the emperor of the moon, there could be backlash from Earth governments.

This may sound outlandish, but it is inevitable that once colonization of other planets begins new countries will eventually form that have no territory on Earth. In the moon colony example, if they have USD bank accounts, they could find that all their cash becomes instantly frozen at the first sign of political trouble.

It will be just about impossible for a country on the moon or another planet to get their money back in the event of an account seizure. Just like Donald Trump says make America great again, whoever is President in the future could say make Earth great again, and seize all of the bank accounts of interplanetary nations in order to subsidize Earth’s economy. Space nations will need Bitcoin in order to conduct interplanetary commerce without the threat of account seizures.

The problem with centralized currency becomes even more severe for the space cowboys, people who go off into space and decide to do whatever they want to do. If they break a law in any jurisdiction, which could be as simple as taking their ship off-planet without permission, they would have their bank accounts frozen.

The only option for rogue space adventurers is to carry currency with them onboard, since if their bank is frozen, and they are depending on the bank, they will either die in space or have to go back to their planet and get arrested.

Due to the scarcity of cash in space, the only good option for space cowboys would be gold or Bitcoin. Gold is heavy, and would cost tremendous fees in the form of rocket fuel everytime they liftoff from a planet. Also, holding a large amount of gold on a spaceship would make them easy targets for space pirates. Bitcoin would never cost anything during liftoff, since it is on the internet, and it cannot be stolen unless the private key is given over.  

Further, imagine if someone gets a job from an employer on another planet, which will be quite common in the interplanetary economy. Workers would likely never even meet their bosses, and the workers perhaps would not want the native currency on their employer’s planet, since they would never be able to physically own it.

Bitcoin can be personally owned no matter where people are in space, since Bitcoin is cryptographically secure, and possession of the private key provides full ownership, in the same way, holding cash in your wallet is full ownership.

As is already being witnessed on Earth, Bitcoin is a universal currency. Instead of making a complicated FOREX system in space wrought with account seizures and third parties, it makes much more sense to just use Bitcoin. A space economy fueled by Bitcoin would be far more liquid and efficient than a fiat currency economy.

There are caveats to using Bitcoin in space due to the speed of light. Bitcoin transactions would only be able to travel across space at the speed of light. This means it takes 1.28 seconds for Bitcoin to reach the moon from the Earth, three minutes to reach Mars, 33 minutes to reach Jupiter, and 67 minutes to reach Saturn. Double these times and add 10 minutes for the average Bitcoin transaction confirmation time on other planets.

We mention Jupiter and Saturn because they have numerous moons that are ripe for colonization and could be a hotspot for human civilization in the future.

The transaction times to other planets, even for Saturn which is over an hour, is not a major issue. Even if transactions take a long time to propagate to Earth and confirm, they would still be confirmed. Perhaps people on other planets should put the maximum sensible transaction fees to ensure that transactions confirm as quickly as possible once received.

Clearly, Bitcoin will no longer be instantaneous in space, since transactions would not even show up on the block explorer until the transaction propagates to Earth and back, but it will work.

Mining Bitcoin on other planets is a major dilemma. On the moon, mining Bitcoin will still be quite doable, since the few seconds delay is not going to prevent miners from striking blocks on the moon, it will just put them at a slight disadvantage.

Mining on Mars is where problems will begin. If a miner on Mars strikes a block, and someone on Earth finds the block in the 3 minutes it takes the Martian block to reach Earth, the Martian miner will not get paid. Some truly stubborn miners may mine Bitcoin on Mars, but they will be at an extreme disadvantage, and they will not profit nearly as much as Earth miners.

On the moons of Jupiter and Saturn, mining Bitcoin becomes intractable. In the 33 minutes and 67 minutes respectively it takes Bitcoin transactions to reach Earth, the Jupiter and Saturn miners will be disenfranchised 100 percent of the time. This actually makes Bitcoin centralized, at least on a planetary scale since whichever planet has the most hash rate will get all the block rewards.

This is just an Earth-centric view, however. Since Bitcoin is decentralized, another planet could generate 50 percent or more of the hash rate and disenfranchise all of the miners on Earth. To prevent this sort of thing from happening, perhaps it would be best to have Bitcoin Jupiter, Bitcoin Saturn, Bitcoin Earth, and so forth.

Versions of Bitcoin for different planets is especially important, considering that a planet that achieves a significant hash rate, but not a majority hash rate, would be dealing with constant forks.

For example, miners on the moons of Saturn may verify transactions and put them into blocks, only to have their chain orphaned whenever a transmission is received from Earth. If every planet is using the same version of Bitcoin, it would be much less confusing and more secure to only have miners on one of the planets.

Since it will be many years before colonization of other moons and planets becomes a reality, perhaps the Bitcoin developers will have time to optimize Bitcoin for use in space, to remove these caveats and ensure Bitcoin functions perfectly in space.


[Daily Discussion] Tuesday, December 18, 2018

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How to Easily Create a Universal Knowledge Machine

I have discovered how to, easily, create a universal knowledge machine similar to Deep Thought from Hitchhiker's Guide to the Galaxy. To use the machine you just type in any question and it will give you an answer. You can teach this kind of machine any subject matter and it will fluently answer new questions on the subject. I've decided to give out the blueprints for free to accelerate research into longevity, human enhancement and immortality.

The process for creating a universal knowledge machine is pretty simple. You just train a recurrent neural network to answer general knowledge questions, and it will automatically formulate its own views on how the world works so that it can answer novel questions. You can download a pre-made question answering system here, which hasn't been trained yet: https://github.com/daniel-kukiela/nmt-chatbot. To use it, you have to train it by teaching it general questions and correct answers on various subjects. For example, you could train it by feeding it many questions and answers like the following:

Q: What is mathematics?

A: Mathematics is the study of numbers.

Q: How do I inflate a basketball?

A: To inflate a basketball, you must acquire an air pump, insert the air pump into the basketball, and inject air by depressing the air pump.

Q: How do I make a sandwich?

A: First, get two slices of bread. Next, put sandwich meat on one slice of bread. After that, you can put cheese, lettuce, and tomato on top of the sandwich meat on the bread. Next, put mayonnaise and/or mustard on the second slice of bread. Then, put the second slice of bread on top of the other slice.

The training process should teach the chatbot about the outside world.

After training the chatbot, you can ask it new questions that it hasn't seen before which are related to the information it previously learned.

Theoretically, you could make a question answering system that is infinitely intelligent given enough computing resources and example data. So you could theoretically create Deep Thought using a highly scaled up version of this technique. Specifically, the system can learn more if you increase the layers and width of the Recurrent Neural Network, since this increases the amount of information/knowledge the question answering system contains in its weights. The downside is that it takes longer to train larger recurrent neural networks.

I kindly ask for Bitcoin donations in exchange for sharing this discovery: 16jJxukmDQL3jB6dSaGExN9YfjMNBcujRS



Only 2 days of 1st AIDUS presale left! You still have time to get tokens with 25% BONUS AIDUS Presale guide is here https://medium.com/…/aidus-1st-pre-sale-starts-now-60480621… … … Don't lose your time #presale #AIDUS #token #ico #ethereum #bitcoin #exchange #blockchain #Crypto

https://i.redd.it/jppxshizt3521.png

Complete Guide to Bitcoin & Ripple Futures Trading

https://clk.ink/5mtZLf7w

[Daily Discussion] Tuesday, December 18, 2018

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Civic: Life After the Token Sale - Inside Bitcoins - News, Price, Events

https://insidebitcoins.com/news/civic-life-after-the-token-sale/198691

[Daily Discussion] Tuesday, December 18, 2018

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Settling A Bitcoin Bet (current BTC/USD price is $3566.00685715)

Latest Bitcoin News:

Settling A Bitcoin Bet

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Bitcoin Price | Blockchain | ICOs


The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.


Newbie here

And I need help from you guys. I've watched videos by Adreo Antonopolos, and I ordered a couple of his books yesterday. But as far as the rest of you guys I feel like I'm extremely lacking in the knowledge on how everything works. I have practically 0 in depth computer experience, but the technology behind bitcoin is fascinating and it's making me want to learn more. I began to read the guide on the raspberry pi and the lightning network and quickly realized I was out of my league with the use of the command prompt, but I still want to learn. Can anyone point me into a good direction on how much computer know how I'm gonna need to really get into this, where to learn it, resources, what to read? I really want to play a bigger part in this because I believe in the tech, but I don't know where to go from here.



[Daily Discussion] Tuesday, December 18, 2018

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TRADEPLACE - AIRDROP - 4.9/5 - 45$ + 9$ REF - Global Cryptocurrency Exchange Platform

https://i.redd.it/goszp1jo22521.jpg

TradePlace is a global cryptocurrency exchange platform. It will form a new innovative platform to trade Bitcoin, Ethereum, Litecoin, EOS, and other popular cryptocurrencies and tokens. Users will receive expert analysis of the current state of coin and token pairs, and they’ll be able to withdraw their money easily and receive alerts for scam cryptocurrencies. TradePlace will also have an awesome forum for users to exchange ideas and share experience with like-minded individuals. All of this in one simple yet powerful exchange platform.

Step-by-Step Guide:

  1. Visit the TradePlace airdrop page.
  2. Follow them on Twitter and retweet any one tweet. (+25 EXTP, Optional)
  3. Like and share their Facebook page. (+25 EXTP, Optional)
  4. Follow them on LinkedIn, Medium, Reddit, Instagram (+25 EXTP each, Optional)
  5. Submit your details to the airdrop page.
  6. You will get 180 EXTP tokens.
  7. Get 20 EXTP tokens for every referral.

VALUE - 45$ - 9$

For more Valuable Airdrops please follow our Steemit.

Top Exchange for Beginners - Coinbase
Top ERC20 Addon - Mestamask
Top Erc20 wallet App - Trust
Top Exchanges - Binance, KuCoin
Top Erc2o Exchange - Idex
#airdrop #airdropy #kryptowaluta #kryptowaluty #bitcoin #altcoin #blockchain #token #ico #airdrops #ethereum #cryptocurrency



TRADEPLACE - AIRDROP - 4.9/5 - 45$ + 9$ REF - Global Cryptocurrency Exchange Platform

https://i.redd.it/yx203xoh72521.jpg

TradePlace is a global cryptocurrency exchange platform. It will form a new innovative platform to trade Bitcoin, Ethereum, Litecoin, EOS, and other popular cryptocurrencies and tokens. Users will receive expert analysis of the current state of coin and token pairs, and they’ll be able to withdraw their money easily and receive alerts for scam cryptocurrencies. TradePlace will also have an awesome forum for users to exchange ideas and share experience with like-minded individuals. All of this in one simple yet powerful exchange platform.

Step-by-Step Guide:

  1. Visit the TradePlace airdrop page.
  2. Follow them on Twitter and retweet any one tweet. (+25 EXTP, Optional)
  3. Like and share their Facebook page. (+25 EXTP, Optional)
  4. Follow them on LinkedIn, Medium, Reddit, Instagram (+25 EXTP each, Optional)
  5. Submit your details to the airdrop page.
  6. You will get 180 EXTP tokens.
  7. Get 20 EXTP tokens for every referral.

VALUE - 45$ - 9$

For more Valuable Airdrops please follow our Steemit.

Top Exchange for Beginners - Coinbase
Top ERC20 Addon - Mestamask
Top Erc20 wallet App - Trust
Top Exchanges - Binance, KuCoin
Top Erc2o Exchange - Idex
#airdrop #airdropy #kryptowaluta #kryptowaluty #bitcoin #altcoin #blockchain #token #ico #airdrops #ethereum #cryptocurrency



[Daily Discussion] Tuesday, December 18, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Tuesday, December 18, 2018

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


TRADEPLACE - AIRDROP - 4.9/5 - 45$ + 9$ REF - Global Cryptocurrency Exchange Platform

https://i.redd.it/cxtezes522521.jpg

TradePlace is a global cryptocurrency exchange platform. It will form a new innovative platform to trade Bitcoin, Ethereum, Litecoin, EOS, and other popular cryptocurrencies and tokens. Users will receive expert analysis of the current state of coin and token pairs, and they’ll be able to withdraw their money easily and receive alerts for scam cryptocurrencies. TradePlace will also have an awesome forum for users to exchange ideas and share experience with like-minded individuals. All of this in one simple yet powerful exchange platform.

Step-by-Step Guide:

  1. Visit the TradePlace airdrop page.
  2. Follow them on Twitter and retweet any one tweet. (+25 EXTP, Optional)
  3. Like and share their Facebook page. (+25 EXTP, Optional)
  4. Follow them on LinkedIn, Medium, Reddit, Instagram (+25 EXTP each, Optional)
  5. Submit your details to the airdrop page.
  6. You will get 180 EXTP tokens.
  7. Get 20 EXTP tokens for every referral.

VALUE - 45$ - 9$

For more Valuable Airdrops please follow our Steemit.

Top Exchange for Beginners - Coinbase
Top ERC20 Addon - Mestamask
Top Erc20 wallet App - Trust
Top Exchanges - Binance, KuCoin
Top Erc2o Exchange - Idex
#airdrop #airdropy #kryptowaluta #kryptowaluty #bitcoin #altcoin #blockchain #token #ico #airdrops #ethereum #cryptocurrency