Sunday, February 17, 2019

[uncensored-r/BitcoinMarkets] [Daily Discussion] Monday, February 18, 2019

The following post by AutoModerator 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/ BitcoinMarkets/comments/art12f

The original post's content was as follows:


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] Monday, February 18, 2019

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:


[Altcoin Discussion] Monday, February 18, 2019

Thread topics include, but are not limited to:

  • Discussion related to recent events
  • Technical analysis, trading ideas & strategies
  • General questions about altcoins

Thread guidelines:

  • Be excellent to each other.
  • 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.

Other ways to interact:


[Daily Discussion] Monday, February 18, 2019

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] Monday, February 18, 2019

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:


Headlines for week 06 of 2019

Listen to the Headlines for week 06

​Show notes for Security Endeavors Headlines for Week 5 of 2019

InfoSec Week 6, 2019 (link to original Malgregator.com posting)

The Zurich American Insurance Company says to Mondelez, a maker of consumer packaged goods, that the NotPetya ransomware attack was considered an act of cyber war and therefore not covered by their policy.
According to Mondelez, its cyber insurance policy with Zurich specifically covered “all risks of physical loss or damage” and “all risk of physical loss or damage to electronic data, programs or software” due to “the malicious introduction of a machine code or instruction.” One would think that the language in the cyber insurance policy was specifically designed to be broad enough to protect Mondelez in the event of any kind of cyber attack or hack. And NotPetya would seem to fit the definition included in the cyber insurance policy – it was a bit of malicious code that effectively prevented Mondelez from getting its systems back up and running unless it paid out a hefty Bitcoin ransom to hackers.
Originally, Zurich indicated that it might pay $10 million, or about 10 percent of the overall claim. But then Zurich stated that it wouldn't pay any of the claim by invoking a special “cyber war” clause. According to Zurich, it is not responsible for any payment of the claim if NotPetya was actually “a hostile or warlike action in time of peace or war.” According to Zurich, the NotPetya cyber attack originated with Russian hackers working directly with the Russian government to destabilize the Ukraine. This is what Zurich believes constitutes "cyber war."
https://ridethelightning.senseient.com/2019/01/insurance-company-says-notpetya-is-an-act-of-war-refuses-to-pay.html  

Reuters reports that hackers working on behalf of Chinese intelligence breached the network of Norwegian software firm Visma to steal secrets from its clients. According to investigators at cyber security firm Recorded Future, the attack was part of what Western countries said in December is a global hacking campaign by China’s Ministry of State Security to steal intellectual property and corporate secrets. Visma took the decision to talk publicly about the breach to raise industry awareness about the hacking campaign, which is known as Cloudhopper and targets technology service and software providers in order reach their clients.

https://www.reuters.com/article/us-china-cyber-norway-visma/china-hacked-norways-visma-to-steal-client-secrets-investigators-idUSKCN1PV141 

A new vulnerability has been discovered in the upcoming 5G cellular mobile communications protocol. Researchers have described this new flaw as more severe than any of the previous vulnerabilities that affected the 3G and 4G standards.
Further, besides 5G, this new vulnerability also impacts the older 3G and 4G protocols, providing surveillance tech vendors with a new flaw they can abuse to create next-gen IMSI-catchers that work across all modern telephony protocols.

This new vulnerability has been detailed in a research paper named "New Privacy Threat on 3G, 4G, and Upcoming5G AKA Protocols," published last year.

According to researchers, the vulnerability impacts AKA, which stands for Authentication and Key Agreement, a protocol that provides authentication between a user's phone and the cellular networks.The AKA protocol works by negotiating and establishing keys for encrypting the communications between a phone and the cellular network.
Current IMSI-catcher devices target vulnerabilities in this protocol to downgrade AKA to a weaker state that allows the device to intercept mobile phone traffic metadata and track the location of mobile phones. The AKA version designed for the 5G protocol --also known as 5G-AKA-- was specifically designed to thwart IMSI-catchers, featuring a stronger authentication negotiation system
But the vulnerability discovered last year allows surveillance tech vendors to create new models  of IMSI-catchers hardware that, instead of intercepting mobile traffic metadata, will use this new vulnerability to reveal details about a user's mobile activity. This could include the number of sent and received texts and calls, allowing IMSI-catcher operators to create distinct profiles for each smartphone holder. 
https://www.zdnet.com/article/new-security-flaw-impacts-5g-4g-and-3g-telephony-protocols/ 

The Debian Project is recommending the upgrade of golang-1.8 packages after a vulnerability was discovered in the implementation of the P-521 and P-384 elliptic curves, which could result in denial of service and in some cases key recovery. In addition this update fixes two vulnerabilities in the “go get” command, which could result in the execution of arbitrary shell commands.
https://www.debian.org/security/2019/dsa-4380 

It is possible to trick user’s of the Evolution email application into trusting a phished mail via adding a forged UID to a OpenPGP key that has a previously trusted UID. It's because Evolution extrapolates the trust of one of OpenPGP key UIDs into the key itself. The attack is based on using the deficiency of Evolution UI when handling new identifiers on previously trusted keys to convince the user to trust a phishing attempt. More details about how the flaw works, along with examples are included in the article, which is linked in the show notes. Let’s take a minute to cover a bit of background on Trust Models and how validating identities work in OpenPGP and GnuPG:

The commonly used OpenPGP trust models are UID-oriented. That is, they are based on establishing validity of individual UIDs associated with a particular key rather than the key as a whole. For example, in the Web-of-Trust model individuals certify the validity of UIDs they explicitly verified.

Any new UID added to the key is appropriately initially untrusted. This is understandable since the key holder is capable of adding arbitrary UIDs to the key, and there is no guarantee that new UID will not actually be an attempt at forging somebody else's identity.
OpenPGP signatures do not provide any connection between the signature and the UID of the sender. While technically the signature packet permits specifying UID, it is used only to facilitate finding the key, and is not guaranteed to be meaningful. Instead, only the signing key can be derived from the signature in cryptographically proven way.

GnuPG (as of version 2.2.12) does not provide any method of associating the apparent UID against the signature. In other words, from e-mail's From header. Instead, only the signature itself is passed to GnuPG and its apparent trust is extrapolated from validity of different UIDs on the key. Another way to say this is that the signature is considered to be made with a trusted key if at least one of the UIDs has been verified.
https://dev.gentoo.org/~mgorny/articles/evolution-uid-trust-extrapolation.html 

If you’re up for some heavy reading about manipulation and deceit being perpetrated by cyber criminals, it may be worth checking out a piece from buzzfeednews. It tells a woeful and dark tale that does not have a happy ending. 
A small excerpt reads: “As the tools of online identity curation proliferate and grow more sophisticated, so do the avenues for deception. Everyone’s familiar with the little lies — a touch-up on Instagram or a stolen idea on Twitter. But what about the big ones? Whom could you defraud, trick, ruin, by presenting false information, or information falsely gained? An infinite number of individual claims to truth presents itself. How can you ever know, really know, that any piece of information you see on a screen is true? Some will find this disorienting, terrifying, paralyzing. Others will feel at home in it. Islam and Woody existed purely in this new world of lies and manufactured reality, where nothing is as it seems.”
https://www.buzzfeednews.com/article/josephbernstein/tomi-masters-down-the-rabbit-hole-i-go  

Security researchers were assaulted by a casino technology vendor Atrient after responsibly disclosed critical vulnerabilities to them. Following a serious vulnerability disclosure affecting casinos globally, an executive of one casino technology vendor Atrient has allegedly assaulted the security researcher who disclosed the vulnerability at the ICE conference in London. The article covers the story of a vulnerability disclosure gone bad, one involving the FBI, a vendor with a global customer base of casinos and a severe security vulnerability which has gone unresolved for four months without being properly addressed.
https://www.secjuice.com/security-researcher-assaulted-ice-atrient/ 

Article 13, the new European Union copyright law is back and it got worse, not better. 
In the Franco-German deal, Article 13 would apply to all for-profit platforms. Upload filters must be installed by everyone except those services which fit all three of the following extremely narrow criteria:

Available to the public for less than 3 years
Annual turnover below €10 million
Fewer than 5 million unique monthly visitors
Countless apps and sites that do not meet all these criteria would need to install upload filters, burdening their users and operators, even when copyright infringement is not at all currently a problem for them.
https://juliareda.eu/2019/02/article-13-worse/ 

Researchers from Google Project Zero evaluated Apple's implementation of Pointer Authentication on the A12 SoC used in the iPhone XS. There are bypasses possible, but the conclusion says it is still a worthwhile exploitation mitigation technique.
Among the most exciting security features introduced with ARMv8.3-A is Pointer Authentication, a feature where the upper bits of a pointer are used to store a Pointer Authentication Code (PAC), which is essentially a cryptographic signature on the pointer value and some additional context. Special instructions have been introduced to add an authentication code to a pointer and to verify an authenticated pointer's PAC and restore the original pointer value. This gives the system a way to make cryptographically strong guarantees about the likelihood that certain pointers have been tampered with by attackers, which offers the possibility of greatly improving application security.
There’s a Qualcomm white paper which explains how ARMv8.3 Pointer Authentication was designed to provide some protection even against attackers with arbitrary memory read or arbitrary memory write capabilities. It's important to understand the limitations of the design under the attack model the author describes: a kernel attacker who already has read/write and is looking to execute arbitrary code by forging PACs on kernel pointers.

Looking at the specification, the author identifies three potential weaknesses in the design when protecting against kernel attackers with read/write access: reading the PAC keys from memory, signing kernel pointers in userspace, and signing A-key pointers using the B-key (or vice versa). The full article discusses each in turn.
https://googleprojectzero.blogspot.com/2019/02/examining-pointer-authentication-on.html  

There is a dangerous, remote code execution flaw in the LibreOffice and OpenOffice software. While in the past there have been well documented instances where opening a document would result in the executing of malicious code in paid office suites. This time LibreOffice and Apache’s OpenOffice are the susceptible suites. The attack relies on exploiting a directory traversal flaw, identified as CVE-2018-16858, to automatically execute a specific python library bundled within the software using a hidden onmouseover event.
To exploit this vulnerability, the researcher created an ODT file with a white-colored hyperlink (so it can't be seen) that has an "onmouseover" event to trick victims into executing a locally available python file on their system when placing their mouse anywhere on the invisible hyperlink.
According to the researcher, the python file, named "pydoc.py," that comes included with the LibreOffice's own Python interpreter accepts arbitrary commands in one of its parameters and execute them through the system's command line or console.
https://thehackernews.com/2019/02/hacking-libreoffice-openoffice.html 

Nadim Kobeissi is discontinuing his secure online chat Cryptocat. The service began in 2011 as an experiment in making secure messaging more accessible. In the eight ensuing years, Cryptocat served hundreds of thousands of users and developed a great story to tell. The former maintainer explains on the project’s website that other life events have come up and there’s no longer available time to maintain things. The coder says that Cryptocat users deserve a maintained secure messenger, recommends Wire.

The Cryptocat source code is still published on GitHub under the GPL version 3 license and has put the crypto.cat domain name up for sale, and thanks the users for the support during Cryptocat's lifetime.
https://twitter.com/i/web/status/1092712064634753024 

Malware For Humans is a conversation-led, independent documentary about fake news, big data, electoral interference, and hybrid warfare. Presented by James Patrick, a retired police officer, intelligence analyst, and writer, Malware For Humans covers the Brexit and Trump votes, the Cambridge Analytica scandal, Russian hybrid warfare, and disinformation or fake news campaigns.

Malware For Humans explains a complex assault on democracies in plain language, from hacking computers to hacking the human mind, and highlights the hypocrisy of the structure of intelligence agencies, warfare contractors, and the media in doing so. Based on two years of extensive research on and offline, Malware For Humans brings the world of electoral interference into the light and shows that we are going to be vulnerable for the long term in a borderless, online frontier.  A complete audio companion is available as a separate podcast, which can be found on iTunes and Spotify as part of The Fall series and is available for free, without advertisements.
https://www.byline.com/column/67/article/2412 

Security Endeavors Headlines is produced by SciaticNerd & Security Endeavors with the hope that it provides value to the wider security community. Some sources adapted for on-air readability.

Special thanks to our friends at malgregator dot com, who allow us to use their compiled headlines to contribute to show’s content. Visit them at Malgregator.com. 

Additional supporting sources are also be included in our show notes

More information about the podcast is available at SecurityEndeavors.com/SEHL 

Thanks for listening and we'll see you next week!


[Daily Discussion] Monday, February 18, 2019

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] Monday, February 18, 2019

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:


Buy Pizza With Bitcoin! Crypto Twitter Enamored With Lightning Network App (current BTC/USD price is $3698.95024877)

Latest Bitcoin News:

Buy Pizza With Bitcoin! Crypto Twitter Enamored With Lightning Network App

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.


Bitpie HongKong Meetup is Coming!!

When: 2019/03/02 Sat 14:00 – 17:00

Where: 9/F, Tungtex Building, 203 Wai Yip Street, Kwun Tong, Kowloon

This seminar is conducted by Bitpie, a world leading cryptocurrency wallet team. Their Bither wallet is bitcoin.org recommended wallet and provides highly safety wallet services with a lot of innovative industry-leading features such as HDM, x-random. Since 2014, Bitpie and Bither wallet have served more than 2 millions global users with 0 incident.

In this course, attendees will learn about blockchain and how they interact; the technical attributes of a blockchain and its strengths and drawbacks of a blockchain; an introduction to Bitpie wallet; the design of decentralised applications, and; some example decentralised applications. This course has no prerequisites.

The lecture will be in Cantonese and Mandarin. Q&A may include Cantonese or Mandarin.

Registration:

RSVP on Meetup.com or facebook.com/BitpieOfficial/ to receive updates.

Join Us via the Link:

https://www.meetup.com/bitpie/events/258892682/

https://t.me/Bitpie_HongKong


[Daily Discussion] Monday, February 18, 2019

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:


Build the POR Consensus Algorithm

A Call for Decentralization

Centralized systems are at the backbone of our society, often working unnoticed or otherwise taken for granted as given facets of life. These institutions handle our most sensitive data and our most intimate of communications; our entire life’s savings exist as strings of numbers stored on their servers. These are the banks, the Facebooks, and the Googles that have become increasingly interwoven into our daily lives. We depend on them to make sure their systems run smoothly, efficiently, and fairly. Generally, we can go about our lives without any hiccups, trusting that our paychecks are kept safe and our emails are impenetrable. It’s comforting knowing there are authorities guarding our information and looking out for our best interest - but what if our trust is misplaced?

Facebook is currently negotiating a multi-billion dollar settlement for mishandling user data, Equifax recently compromised 100 million social security numbers, and we can’t even access our own money without paying someone else a fee. These third parties have become judge and jury, siphoning away the rights of the individual in favor of their own bottom line.

We are conditioned to brush off these grave institutional failures as inconveniences - mention a fine or tighter regulation for the offender, and life grinds on until the next incident. The truth is, however, there is an alternative to having third parties dictate the terms by which we live our lives. We don’t need to accept the latest bank fee increase or hope agreeing to the latest “terms of service” doesn’t mean our personal data gets sold.

More than just a buzzword or a new investment, blockchain represents ideology. It represents a major shift from unwavering trust in the institutions that own our data and control our money toward a more people-centered future. It represents a system built for and maintained by the people, a system where “person” and “consumer” are not synonymous - a system where rights are valued over profits.

The Emergence of a New System

Like any emerging complex system, blockchain was not born perfect. The underlying technology was first billed as Bitcoin - an alternative currency that eliminated the need for banking institutions. This made it possible to send electronic payments directly from person to person without the need to trust third parties with the transactions. No fees, no waiting 3 to 5 business days, no limits, no paperwork. Inadvertently, Bitcoin gave birth to something much more lasting - blockchain. Akin to first sending emails and later discovering that the internet powering those emails could be used for other purposes, use cases of blockchain have diversified immensely. Its decentralized and non-tamperable nature provide increased data security, speedy transactions, and an easily verifiable record while being free from any singular governing authority. Due to this, it is an ideal environment to send payments, develop applications, store contracts, track global shipments, manage assets, and much more.

However, pragmatically reaching this point has been a work in progress due to design flaws in the preliminary systems. Based on the decentralized nature of blockchain, information is not stored on a singular server - no one taskmaster updates the server or is responsible for authenticating the information and then relaying it to users. Instead, the blockchain system relies on a global network of users relaying information, updating the ledgers, and authenticating transactions. Each one of these relaying users - called nodes - must agree on the same history of events in order for it to appear on the blockchain. Reaching an agreement can be time and labour intensive - making the process slower than centralized systems that rely on a singular central core. Deciding just how to reach an agreement is the first of two issue that must be solved in order to increase speed and security.

The second lies in the fact that some nodes may even attempt to falsify information for personal gain. This means that we must work to make the system as fast as possible while also eliminating malicious users. Even if we solve the latter issue, the amount of data going through the system is slowed down to a trickling bottleneck as all of the nodes work to verify what gets added to the growing chain. Therefore, the current nature of blockchain results in sacrificing speed for increased security unseen in centralized systems. These issues must then be solved in order to build a truly secure, efficient, and fast environment for mass user adoption.

Both Bitcoin and the second generation blockchain Ethereum use versions of the Proof-of-Work algorithm - a methodology through which the nodes reach a consensus on what gets added to the chain. While Ethereum improved upon the first generation by implemented what are known as Smart Contracts and the Ethereum Virtual Machine, which provided users with what was thought to be an ideal operating platform, slow performance is still an issue.

In order for a blockchain to be practical for those who use it, the amount of traffic the system can handle at any given time must be scaled higher. Bitcoin can handle around 7 transactions per second (TPS) while Ethereum pushes the limit to 20 TPS. In comparison, Visa can manage an impressive 24,000 transactions per second. Later projects such as EOS, which use the Delegated Proof-of-Stake (DPoS) consensus mechanism, have reached speeds of more than 9000TPS - but the battle is not over.

Of course, speed is at the cornerstone of any platform. Developers care about how many people their app can support at any given time and users care about not having their access throttled, but the process through which these outcomes are achieved also hold importance in the arena. Not only must we work to build faster blockchains, but these efforts cannot skew away from the ideology which first gave birth to them.

A Fast, Secure, and Conscientious Blockchain Platform for Mass Adoption

Under the Proof-of-Work consensus algorithm seen in Bitcoin and Ethereum, all nodes may take part in the data verification process. This greatly limits the amount of transactions that the systems can handle, meaning that mass adoption is limited. The more users that onboard, the more nodes the data must be verified by, increasing exponentially the strain on the system.

The Delegated Proof-of-Stake consensus algorithm was able to solve this issue by allowing only a select few “super” nodes to take part in the verification process. These nodes are selected randomly based on the amount and age of coins that the users hold in the system. Hypothetically this would be a decent system, but in practice the incentives for bribery are increased which result in a higher probability of malicious nodes working for self gain.

The Proof-of-Reputation (PoR) consensus algorithm developed by Bitconch has not only solves the issue of slow transaction speeds, but has also laid the foundation to create a more well-rounded community and efficient operating platform with reduced incentives for malicious behavior. Through building upon previous generations of consensus algorithms, PoR has produced speeds of up to 120,000 transactions per second, rivaling the efficiency of centralized systems while also exemplifying the security present in decentralized systems.

The methodology is similar to the DPoS consensus algorithm in that PoR relies on special nodes for the verification process, however, the amount of coins held is no longer a consideration. The reputation value (Bit-R) of Bitconch coin (BUS) holders participating in the verification process is determined by three factors: user socialization, currency holding time, and computing power contribution.

https://i.redd.it/fioo7azlr8h21.png

In short, through detailing users habits, trustworthiness and contributions, users are assigned a comprehensive and quantitative reputation value. Only those with Bit-R values in the top 5% are eligible for the verification process, and in order to balance efficiency and decentralization, between 30 and 500 nodes from those within this top 5% are randomly selected for the final verification. Therefore, the Bitconch chain builds an ecosystem that mirrors the organic nature of society - rewarding those who make positive contributions in the community, not only those who have the most resources. Alone, however, this process is still not enough to push TPS above those already produced through DPoS consensus algorithms - maxing out around 10,000TPS.

Achieving the 120,000TPS seen in the Bitconch ecosystem depends on further optimization known as BLAZE (Bitconch Ledger Access Zero-delay Extension). This allows for the simultaneously verification of multiple blocks through factoring the operation into five unique yet concurrent phases - fetching data, decoding, hashing, stating the change, and finally writing data.

https://i.redd.it/a9aobk0nr8h21.png

When coupled with BLAZE, the Bitconch Proof-of-Reputation consensus algorithm produces a platform capable of withstanding large scale commercial traffic that would otherwise cripple previous blockchains.

The result is an efficient operating platform scaled to the requirements of diversified business, creative, and personal needs that also integrates fundamental values vital in building a self-sustained and conscientious ecosystem.

Bitconch


Leadership should be held accountable to the community

I usually hold back any complaints about Ethereum leadership because of the potential political fallout. However, I’m posting this anyway because I’m concerned that the core “inner circle” might be beginning to devolve into what Bitcoin Core is today.

The potential conflict of interest is an issue in its own right, however the response to those concerns is a larger issue. The criticism of Afri’s provocative Tweet in the last week has been met with little-to-no response, and now Afri has “gone dark” by wiping his Twitter account and posting “I will no longer respond on Gitter, Skype, Discord, Slack, Wire, Twitter, and Reddit”.

Regardless of whether the initial concerns had merit, the response to them is irresponsible — especially considering a huge fork is less than two weeks away. The decision of the Parity release manager to wipe his Twitter account and go dark 11 days before the Constantinople fork is a bad one. It’s a bad look for Parity, and it’s a bad look for Ethereum.

The voices of the community shouldn’t be ignored. We are the miners who support the network, we are the developers who give Ethereum its usefulness, we are the businesses who bring commerce to the public blockchain, and we are the investors who contributed money and time to make Ethereum possible. Without the community, Ethereum is nothing.

This isn’t a one-off event; it resembles the earlier EIP-999 mess (for those that don’t remember, EIP-999 was another proposal to unfreeze the Parity multisig-bug wallets). Afri’s unexpected pull request to change the EIP’s state to “accepted” over a technicality, despite heated disagreement, was widely criticised by the community. Similarly, it was never met with any public comment and I’m not aware of any response to date (except perhaps in private).

I believe the Ethereum leadership team should be held accountable to the community, and I don’t think this is a big ask. Ethereum is a multi-billion-dollar project to change the world, and it should be treated as such.

I'm looking forward to healthy disagreements and discussion.

Final notes:

  1. Parity has done a great deal of good for Ethereum. I'm sure neither Afri or Parity are bad actors. I’m an active user of Parity, currently running eight full nodes.
  2. It would be fantastic if more people followed Bob Summerwill in his approach to absolute transparency, especially if they’re involved in two possibly competing initiatives. I have always admired this approach.
  3. As with any team working on promoting decentralization and/or free trade, I wish Polkadot success.
  4. I have a financial and ideological interest in Ethereum succeeding.

[Daily Discussion] Monday, February 18, 2019

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:


Vanta 네트워크 - 그 두번째

이전 글: https://www.reddit.com/user/manyexp/comments/alwptu/vanta_network_%EB%AC%B4%ED%95%9C_%EC%97%B0%EA%B2%B0_%EB%B6%84%EC%82%B0_%EB%84%A4%ED%8A%B8%EC%9B%8C%ED%81%AC_%ED%94%8C%EB%9E%AB%ED%8F%BC/

https://i.redd.it/z08s5ldif8h21.jpg

아쉽게도 현재 allbit에서 진행중인 프로젝트5에서 반타의 투표가 아직 2위네요. 반타가 Ann 발표를 시작한지 얼마 안되어서 커뮤니티도 아직 크게 성장하지 못했고 아직 홍보가 덜되어서 그런거 같습니다. 그래도 3위까지는 올빗 상장과 업비트 상장 추천이 똑같이 진행되기 때문에 전망은 밝습니다. 점점 더 반타의 가치가 더 널리 퍼저 나갈 것이라고 생각합니다.

어쨌든 지난 글에 이어서 마무리를 지어볼까 합니다.

반타는 중앙 집중식 서버로는 점점 더 감당하기 힘든 실시간 데이터 총량을 블록체인을 이용하여 탈 중앙화를 하여 데이터를 분산화 시키고, 보안성을 강화하여 안정성을 증대시키며 노드간에 서로 선택 및 협업을 통해 실시간으로 처리, 연결, 전송, 저장하는 분산 네트워크를 이루는 강력한 탈중앙화 플랫폼입니다. 이 플랫폼을 통해 반타는 커뮤니케이션, 스트리밍, 게임, 사물 인터넷, 통신 인프라등을 지원합니다.

이전 글에서 말한바와 같이 우리 같은 일반 투자자가 반타에 대해 자세히 모든걸 알 필요는 없습니다. 그 만큼 개념자체도 어렵기도 하고요. 위의 내용 정도면 충분 할 것 같습니다. 이번에는 투자 할만한 가치가 있는지 알아보겠습니다.

1. 장점

  • 독창적인 아이디어 - 대부분의 유틸리티 토큰이 약간씩 차이점만 있을 뿐 게임, 도박, 음식, 음악, 영화, 소셜 마케팅등 비슷한 토픽에서 출발하고 내용도 비슷 비슷합니다. 때문에 위의 토픽들에 수많은 프로젝트들이 나왔고 대부분이 제대로 기금을 모금하지 못해서 프로젝트를 중지하거나 상장하더라도 엄청난 덤핑을 겪었습니다. 그에 비해 반타는 위의 프로젝트들과는 분명 차별화되는 플랫폼이고 시장에서 많은 주목을 받고 있습니다.
  • 강력한 팀 - 밑에서 팀을 다시 소개하겠지만, 반타 팀은 강력한 팀으로 구성되어 있습니다.
  • 공룡 기업과의 파트너쉽 - 마이크로소프트, 오라클, 한양대학교, 올빗, 캐셔래스트등과 같은 거대 기업 또는 거래소들과도 파트너쉽 관계에 있습니다. 현재 올빗 프로젝트5 이벤트에서도 2위를 달리고 있어서 올빗 상장은 물론 업빗도 상장할 가능성이 큽니다.
  • 시총 - 총 공급량 약 500억개, 올빗 프로젝트5에서의 현재 가격 약 0.68원으로 시총은 약 340억 정도 됩니다. 너무 낮지도 높지도 않은 딱 적당한 수준이라고 생각합니다.
  • 현재 올빗 프로젝트5에서 약 0.68원으로 약간의 조정이 온 상태이지만 꾸준히 우상향하고 있습니다.

2. 단점

  • 올해는 STO가 많은 인기를 끌것으로 예상되고 있습니다. 현재 ICO 시장이 많이 악화되고 있는 상태이기에 유틸리티 토큰임은 약간의 단점으로 작용할 것입니다.
  • 아직 반타의 커뮤니티는 약 3천명을 약간 넘는 수준입니다. 좀 더 많은 마케팅이 필요해 보입니다.

https://i.redd.it/ecg9d3hnf8h21.png

로드맵

https://i.redd.it/g9vz4tpqf8h21.png

아 참. 그리고 현재도 올비트 프로젝트5에 이벤트로 올비트에서 거래에 참여하고 투표하면 반타 토큰을 에어드랍하는 이벤트를 3월 4일까지 진행 중입니다. 자세한 내용은 https://vanta.network/Event 를 읽어보세요.

결론

작년 2분기 즈음부터 시작하여 ICO 투자 시장은 계속 악화되어 왔습니다. 대부분의 프로젝트들이 스캠이거나, ICO 기금 모금에 어려움을 겪었습니다. 그럼에도 불구하고 몇몇 프로젝트는 언제나 그러한 시장 상황에서도 성공적인 모습을 보이는 프로젝트들이 있었습니다. 현재는 더욱더 악화된 ICO 시장이긴 하지만, 반타 네트워크가 성공적인 사례가 되지 않을까 조심스레 예측해 봅니다.

웹사이트: https://vanta.network

트위터: https://twitter.com/vantanetwork

페이스북: https://www.facebook.com/vantanetwork/

텔레그램: https://t.me/vantanetwork

백서: https://vanta.network/doc/VANTA_White_Paper.pdf

Ann Thread: https://bitcointalk.org/index.php?topic=5095100

BitcoinTalk URL: https://bitcointalk.org/index.php?action=profile;u=2333358


If you had one shot to make a difference, would you capture it or let it slip?!

OK that's a little dramatic :D

First thanks u/Swingersbaby for letting me post this,

and warning this is a long post (as if your couldn't tell) TLDR at the bottom.

Now that I have your attention here's what's up. After (mostly) lurking under

our account u/AzPlayz the reoccurring subject of how bad the pool of apps/websites are in the community.

We were reading another thread and saw u/Swinging-Downunder post

"OMFG another start the year another post about doing websites better!"

We thought the same.. Yeah yeah yeah we've heard it over and over people want to make a new site and begging for ideas.

Then they said..

"If someone showed the courage and commitment we would 100% back any project related to the LS."

OK, I was inspired and challenged to help. Maybe not better, maybe so. But at least it will be different.

what's the difference?!

It's open source.

Why does that matter? Well to paraphrase an article I read somewhere..

'With greater transparency, accountability, independent verifiability, and collaboration,

the members will benefit from an entire community that supports their work.'

Before I link to the site I would like to preface it by saying it's very basic on purpose.

I didn't want to bog it down with what I thought a swingers site should be. We have a tone

of ideas also, and will add them, but I figure it would be interesting to see what the community wants and is willing to support.

Behind the scenes there is quite a bit already built, just needs tied in and tuning.

This is a port of a current project, it's a mixed bag of old, new, borrowed and kludged... Ya I'm not perfect and not going to pretend to be, and I suck at styling so there's that.

I've tried to create software that focuses on simplicity, scalability and developer friendly. Some of the code spans over ten years, coding while between our kids sports! lol Sometimes it would be months before I got back

to the project so I needed to write something I could pick up and keep

going where I left off.

---=== App ===---

Angular 7/Ionic 4

http://platosplayroom.com

** Source code.

https://github.com/bluesektor/PPR.Mobile

If your not familiar with Ionic, it will allow you to create

mobile apps for IOS, Android and PWA (progressive web app). At

my current place of employment we use it for video conferencing

and have apps in both app stores using this technology.

SSL hasn't been added yet because if there's enough interest I will

have to change hosts. So if you're on Firefox the map may not work and

you'll also get a warning the site is not secure.

It is a copy of the app for my other project located here

https://app.treemon.org

For more ideas of what can be done see these pages..

https://ionicframework.com/docs/components/

https://showcase.ionicframework.com/apps/top

** Events

https://imgur.com/9xCxxi9

If you notice this screen changes by selecting the button on the lower right to show

the hosts. The code derives from a simple node class which will allow this screen to

be vertically scalable. So for example you could add a button for "Members Online"

Then add your favorite members. There is also code similar to LetGo, where

tiled pictures scroll vertically (this was a drone project I worked on and the

guy flaked out).

*** Event Filters

https://imgur.com/4HGRW3j

The filters use json against the class properties in the api. Because the api

utilizes the base node class every object can be filtered on those properties

and extended properties if they are added to the filtering function.

** About page

https://imgur.com/h1Dsd67

** Hosts

https://imgur.com/Bxdoslu

** Map

https://imgur.com/4OdGEUr

May not work on Firefox.

This app is not fully vetted. It's pretty much just

a copy of the other with a theme change.

The other app is here

https://app.treemon.org

I tested the signup, login, favorites etc...

---=== Website ===---

Angular 5

This is combination admin/website. It was my first real Angular project and

uses PrimeNG controls. The menus are all 'dynamically' generated in that

the site call a dashboard endpoint to pull the data for the menus (hardcoded for now). The same

could be applied to the App so users could save a profile of what they want to see.

So if they wanted to see Members Online instead of Events it wouldn't be that big of a leap to

add. It's running in dev mode so it's kind of slow, getting it built in prod mode is such a pain in the ass!

** Admin menu

https://imgur.com/a/eouFtTH

** Source Code

https://github.com/bluesektor/PPR.Web

*** Site-this the other project but the code is still the same for now.

https://dev.treemon.org

---=== API ===---

C# porting to .net core

** Source code

https://github.com/bluesektor/PPR.Service

The service and website have code to run an installer similar

to WordPress. So if you run the service (it'll need the install.json in the

/App_Data/Install/

folder, then run the website, the website should start the installer screen to

setup the database and stuff. The api currently runs on MS SQL, but I had

it running on MySQL and SQLite. I will be deprecating support for SQLite

and the .net core will be using MYSQL.

There is a lot of code not implemented but can be. Such as ad hoc queries,

bit coin/crypto currency, auctions, store etc.. The bitcoin is actually in another

project but I'll make it public if you want it.

** Some features that have been programmed in but are not fully baked..

\ language translations: ui- In the assets folder there are language files (I copied from my other project). My fiance is going to help with Spanish. The translator code is in it just needs pipes added for the areas to be implemented

and the files to reflect those areas.

-themes \ ability to select themes. as you can see from the other project I added the ability to have themes. Again my UI is terrible so don't crucify me pleeeeease!!! lol Anyways, all that would need to be done is add a selector on one of

the pages to change themes, and save it to the api database (profiles) or local database.

-dynamic ui menus: this will allow you to select how you like to experience the

app/site. I like to see events, you may like to see who's online or what not.

-permissions: need more vetting, roles etc.

---=== How you can help.. ===---

** Spread the word, change doesn't happen in a vacuum!

Twitter suspended PlatosPlayRoom for "multiple or repeat violation" on a new account! Ya so fuck twitter

I won't be using them so here's other social media accounts..

https://www.instagram.com/platosplayroom/

https://www.plurk.com/PlatosPlayRoom

https://www.pinterest.com/platosplayroom/

** Contribute:​

bug reports

feature requests

usability feedback

code bug fixes

marketing

graphics

web design

language translations

CI dev ops

helping members

---=== Donate ===---

This a link to my other project but I haven't really promoted

it and so I haven't received any donations... yet :P . I have secured

platosplayroom.org and will create a companion site for documentation etc.

But for now if you feel like it use the link below, all donations go towards this project

I make a good enough income that I don't need your money to live. Unless I get fired for this! lol.

If you are uncomfortable donating to me then feel free

to create bounties. Other developer can do the work and issue

a pull request for me to add it.

https://treemon.org/Contribute.html

https://www.bountysource.com/

security oriented

https://www.bugcrowd.com

https://en.wikipedia.org/wiki/Open-source_bounty

If you donate/contribute and want, I will be glad to add an attribution and link

etc. to help drive customers to you.

And I would also like to reward contributors, brain storm

ideas, founding members, toward lifetime membership ...

Yes, it's a lot of work and I'm asking for the communities help.

If that doesn't materialize then I will let it die on the vine. I

have a dozen other project ideas in the making or made I will

continue with. I don't mean to sound like a dick, but I work full

time and squeeze my projects in between all the other stuff we do.

---=== About Us ===---

My fiance and I have been in the lifestyle since 2003ish. More out than in really

because we have four children that were in club sports. Now they're pretty much gone

we've started going out more. This is my personal account and our account is

u/AzPlayz We are on SLS, LifestyleLounge, and Kasidie, this isn't our screen name on

those sites. I'm hesitant to say our disclose it because they might ban the "competition" if this goes anywhere! lol

My family already knows about our lifestyle so if anyone thinks they can dox me and 'tell on me' jokes on you. Save your energy

for something helping people instead of tearing them down.

If you would like to discuss this further I also created a subreddit for this project.

https://www.reddit.com/r/PlatosPlayRoom

Whew! That was a lot of blabbing. The most I've done in a while.

Well that's about it, thank you for your time and consideration.

Cheers,

Mr AzPlayz

bluesektor @ hotmail.com

u/bluesektor

p.s. If your bored or not naked yet! Here's a couple other

personal projects I did for learning purposes..

This is a site I did when playing Ingress. It is a gear trading site,

I only did one trade on it but it was still cool! :D

http://omniports.com

I did this a long time ago to learn razor. I got pissed at ebay and paypal for raping

me in fees to sell some coins I had. I'll show you!!!! <waves fist> haha

http://globalfreemarkets.com

TLDR; Open source swingers app, website and api project.

edit: wonky formatting.


[Daily Discussion] Sunday, February 17, 2019

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:


Analyst: Bitcoin Holding $3550 Means “Next Strong Move” is Building (current BTC/USD price is $3657.02387102)

Latest Bitcoin News:

Analyst: Bitcoin Holding $3550 Means “Next Strong Move” is Building

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.


[Daily Discussion] Monday, February 18, 2019

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:


Leadership should be held accountable to the community

I usually hold back any complaints about Ethereum leadership because of the potential political fallout. However, I’m posting this anyway because I’m concerned that the core “inner circle” might be beginning to devolve into what Bitcoin Core is today.

The potential conflict of interest is an issue in its own right, however the response to those concerns is a larger issue. The criticism of Afri’s provocative Tweet in the last week has been met with little-to-no response, and now Afri has “gone dark” by wiping his Twitter account and posting “I will no longer respond on Gitter, Skype, Discord, Slack, Wire, Twitter, and Reddit”.

Regardless of whether the initial concerns had merit, the response to them is irresponsible — especially considering a huge fork is less than two weeks away. The decision of the Parity release manager to wipe his Twitter account and go dark 11 days before the Constantinople fork is a bad one. It’s a bad look for Parity, and it’s a bad look for Ethereum.

The voices of the community shouldn’t be ignored. We are the miners who support the network, we are the developers who give Ethereum its usefulness, we are the businesses who bring commerce to the public blockchain, and we are the investors who contributed money and time to make Ethereum possible. Without the community, Ethereum is nothing.

This isn’t a one-off event; it resembles the earlier EIP-999 mess (for those that don’t remember, EIP-999 was another proposal to unfreeze the Parity multisig-bug wallets). Afri’s unexpected pull request to change the EIP’s state to “accepted” over a technicality, despite heated disagreement, was widely criticised by the community. Similarly, it was never met with any public comment and I’m not aware of any response to date (except perhaps in private).

I believe the Ethereum leadership team should be held accountable to the community, and I don’t think this is a big ask. Ethereum is a multi-billion-dollar project to change the world, and it should be treated as such.

I'm looking forward to healthy disagreements and discussion.

Final notes:

  1. Parity has done a great deal of good for Ethereum. I'm sure neither Afri or Parity are bad actors. I’m an active user of Parity, currently running eight full nodes.
  2. It would be fantastic if more people followed Bob Summerwill in his approach to absolute transparency, especially if they’re involved in two possibly competing initiatives. I have always admired this approach.
  3. As with any team working on promoting decentralization and/or free trade, I wish Polkadot success.
  4. I have a financial and ideological interest in Ethereum succeeding.

ISIS Affiliated Website Akhbar al-Muslimin Takes Bitcoin Donations to Make Use of BTC Anonymity - Bitcoin Exchange Guide

https://bitcoinexchangeguide.com/isis-affiliated-website-akhbar-al-muslimin-takes-bitcoin-donations-to-make-use-of-btc-anonymity/

XRP Scores Massive Adoption, Another Crypto Exchange Partnership Coming to Ripple - Bitcoin Exchange Guide

https://bitcoinexchangeguide.com/xrp-scores-massive-adoption-another-crypto-exchange-partnership-coming-to-ripple/

Why High Frequency Traders are Turning to Crypto

Many discussions in the cryptocurrency industry right now seem to revolve around how institutional investors are preparing to dive into the space. With daily rumination about the likely acceptance of Bitcoin ETFs, the ongoing interest displayed by financial players and the release of professional trading platforms, it certainly appears that 2019 is poised for an influx of institutional money into the burgeoning field.

This influx could manifest itself in a number of ways, with a potential route being High Frequency Trading or HFT. This strategy of using automated tools and algorithms to track markets, detect trends and execute large trades more quickly than a human trader is well established in traditional markets.

Essentially, it is about using speed as a competitive edge and the strategy involves tactics such as colocating HFT hardware with exchange hardware and implementing high speed connections, so that data can travel as fast as possible. Right now, it’s unclear how much HFT is taking place in crypto but, with sophisticated algorithmic traders already providing a lot of the liquidity for some of the less well-known coins, it’s certainly reasonable to assume it will increase. Plus, the latest offerings from major exchanges suggest that they are aimed at servicing HFT needs.

https://i.redd.it/g8jn0jvhq7h21.jpg

As mentioned, this type of trading is based around the understanding that algorithms react more quickly than humans by several orders of magnitude. So, in a market composed primarily of human traders, those deploying HFT strategies clearly possess the upper hand. Over time, however, as the market becomes flooded with options for those looking to compete, the same opportunities are much scarcer as margins, and opportunities for arbitrage dwindle.

The volatility of traditional markets pales in comparison to that of the cryptocurrency ones. In the case of major stock market indices and gold, there’s an annualised volatility of 10–15% (currency pairs are even lower). Contrast that with cryptocurrency, which moves at an estimated 100%.

Movements are irrational, and it’s rare that big news or observable events can be linked to price swings. The human condition is such that we constantly seek to ask why, which often leads to frustration when erratic market movements come seemingly out of the blue.

In spite of the nascency of the markets for tokens and cryptocurrencies, the space is already hugely fragmented, often leading to discrepancies in the prices of listed assets from platform to platform. Some choose to game these inconsistencies by manually purchasing the cheaper offering, transferring it to another platform and earning a profit when re-selling it at a higher price. Others are more inventive, employing simple bots coded to identify these disparities and execute trades automatically.

It’s clear that automation is the superior method. Software capable of handling billions of dollars worth of trades has been fine-tuned over the years and, given the boom in the cryptocurrency markets, it was only a matter of time before HFT technologies came into play.

Exactly what effect the increase in this type of trading will have is yet to be seen. It’s worth remembering though that, while there are elements of their approach which are unique, there are many areas of crossover with how existing traders operate.

As mentioned, major exchanges have begun offering co-location of hardware in order to reduce latency and allow HFT algorithms to trade as quickly as possible. This type of infrastructure arrangement is new for the crypto space and driven by HFT’s unique needs. However, it’s worth remembering that other important areas for HFT, such as position monitoring, risk assessments and P&L management, are already served by existing crypto trading platforms.

Overall, the past several years have seen Bitcoin transition from a relatively niche asset traded by programmers and hobbyists into a serious contender on the financial playing field. The proliferation of HFT in the cryptocurrency space is just one example of how digital currencies are becoming more established as financial instruments.

About Caspian

Caspian is a joint venture between TORA, a leading provider of asset management technology and Kenetic a leading blockchain and cryptocurrency hedge fund and investment firm.

Caspian is the first company to provide institutional and experienced investors with a full-stack crypto trading and risk management platform. It equips digital assets investors with a comprehensive Order and Execution Management System (OEMS), Position Management System (PMS), and Risk Management System (RMS), backed by an experienced support team.

The platform, which has the potential to drive further participation in crypto-trading, provides sophisticated connectivity and interoperability across various digital asset exchanges. The solution also offers unified compliance and reporting functionality that enables users to analyze all their trades in one place, regardless of which exchanges they are transacting on. Caspian aim’s to institutionalise the crypto market and has 15 global institutions live on the platform that offers a single interface into 25 exchanges.

About Gerrit van Wingerden

Gerrit is the CTO of Caspian and has been a Managing Director at TORA for the past 12 years. At TORA, he built a software platform which is at the heart of equity trading for hedge funds around the world. In our conversation, we discuss the genesis bringing crypto into the TORA universe, Gerrit’s passion project of building crypto-trading bots in the early days of the industry, and potential trading strategies in the current crypto landscape.


[Daily Discussion] Sunday, February 17, 2019

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] Sunday, February 17, 2019

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:


This Anti-Bitcoin Op-Ed Just Took the QuadrigaCX Dialogue to a New Low (current BTC/USD price is $3633.90844431)

Latest Bitcoin News:

This Anti-Bitcoin Op-Ed Just Took the QuadrigaCX Dialogue to a New Low

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.


[Daily Discussion] Sunday, February 17, 2019

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:


How We Can All Get Our Money Back, And Live Happily Ever After

I first want to start with, this is a horrible tragedy in a lot of ways.

My heart goes out to the family of Gerald Cotten, and the Quadriga community for their loss of the founder. It's such a tragic loss at such a young age.

I've also got a lot of money in jeopardy in this situation, but not as much as many of you. I know that in total, $250 million dollars are in jeopardy, which is a staggering sum that means a lot to a lot of people! This shutting down of the site came as a surprise to me. I wasn't really closely following all the action, it's been a lot of reading recently. What I understand is that:

  1. A lot of money is locked in a cold storage wallet. Quadriga can't access it, nobody can access it. The wallet public address is known, so it should be easy to verify the balance, and ensure it's never spent. This money is effectively lost, unless by some miracle there is a new development on this front. My assumption is that this would be a bitcoin wallet, since Quadriga was founded back in 2013.
  2. A lot of money in cash is locked in the form of bank bonds that banks are not willing to cash out into cash. There is hope here, that over time, or over public outcry/government pressure, this situation could change. However, it's also not necessarily guaranteed.
  3. Quadriga currently has a limited set of funds available for the settlement process, nowhere near the sum of money recorded in balances.
  4. All balances are known by Quadriga. There's no disputing any of the balances. The site and all data are still present, just offline.
  5. The Quadriga platform works well, and is highly profitable every day that it operates. The primary issues with the site have been withdrawals.

I've thought a lot about this situation. Initially, I had basically written off that I would never see a penny of my money again. Or might get 1% back, if I'm lucky. However, it doesn't have to be that way. There is a way we could all get our money back, and walk away from this situation positively. I've been thinking about it, and it finally came to me this morning. So naturally I wanted to share my idea with you all so we can get the best outcome.

  1. All currency presently on the site is converted to "locked" currency. For example, "CAD" will become a new currency "locked CAD", "ETH" will become "locked ETH", "BTC" will become "locked BTC", etc. Every customer receives an equivalent balance in locked currency, which will be clearly displayed on the website as a separate balance, completely distinct from "unlocked" currency. Locked balances could be traded as I've outlined below, however they couldn't be withdrawn. Deposits to the site happen in unlocked currency.
  2. Over time, "locked" currency will become "unlocked" currency. A system will be set up and agreed upon where sums can be paid by Quadriga over time to "unlock" the balances, which means that some portion of "locked" currency will be exchanged 1:1 for "unlocked" currency automatically. For example, Quadriga would pay $1000 CAD and $1000 worth of "locked CAD" will become "CAD". This is split over a lot of users in proportion to how much "locked" currency they have, so it means that most users would only get a small amount. However, over time, this will add up, and eventually, all "locked" currency will become "unlocked".
  3. Unlocking the "cold storage" will immediately unlock all funds. Quadriga agrees that in the event the cold wallet is unlocked, all funds are immediately released, converted, and paid back to unlock currency within a reasonable time window like 30 days. The cold wallet public key is made public, monitoring of the cold wallet is ongoing, it is very clear if this money is accessed. Quadriga and customers can work together to attempt to unlock the wallet. Everyone wins in this situation.
  4. Accessing the "bank bonds" will immediately unlock a lot of funds. Quadriga also agrees that in the event that bank bonds are able to be accessed, this mainly goes towards unlocking currency of users on the site. Quadriga and customers work together in this process, in an organized manner. For example, petitioning government or applying public pressure to the banks so they will honour the funds.
  5. An initial settlement will unlock as much currency as reasonable. Quadriga can afford some initial settlement, which converts some locked balance into unlocked balance immediately. This would be negotiated such that the site could continue to operate, however some relief would be felt immediately. All users would get a small amount of their money back immediately in "unlocked" currency.
  6. Trading fees will be used to unlock the remaining currency over time. The Quadriga website is brought back online as soon as possible, with the stipulation that half of all trading fees on the platform are paid out to unlock currency on at least a daily basis. This means that every day Quadriga can continue to operate or even make a slight profit, and slowly but consistently over time the amount of "locked" money will decrease and be replaced by "unlocked" money.
  7. Ultimately, all of the "locked" money is "unlocked". It could take a long time, or if there's another spike in interest in cryptocurrencies that massively increases trading, it could happen quickly. In the meantime, the site remains operational, some amount of settlement has been paid back, and both sides are working together. The locked balances could gain a small amount of interest over time, as well, to compensate for the delay.

I want to go a bit more in-depth into some of the parts of this proposal, and get feedback on these particular aspects.

Locked currency is simply currency that can't be withdrawn yet. It behaves otherwise similar to other currency on the site, displaying in a separate balance. A customer will have a "CAD" balance, which they could withdraw, as well as a "Locked CAD" balance, which they couldn't. Over time, their "Locked CAD" will be exchanged for "CAD", which will happen automatically, every day, in a 1:1 ratio.

Customers can trade to withdraw locked currency sooner. A trading pair between "Locked CAD"/"CAD" or "Locked ETH"/"ETH" would allow customers who want to withdraw some "unlocked" currency immediately to trade with those who are willing to wait to be able to withdraw more currency later. Some customers of the site have the potentially to earn a significant profit this way, while others will gain liquidity for their "locked" currency. Each trade will also reduce the balance owing through the trading fees.

Locked currency can also be traded against each other. There is a possibility to have separate trading of locked currencies as well. For example, "Locked CAD"/"Locked ETH". This would provide some additional trading revenue, effectively lowering the balance owing over time. This is beneficial for both sides as well. Trading fees received in locked currency can't be applied to unlocking currency. Instead, the balance owing of locked currency is simply reduced by the full value of the trading fee.

I would like to do whatever I can to help, because I know that the pain I am feeling over this is nothing compared with the pain that many others are feeling who are significantly more impacted. I've thought very hard about this, so I really appreciate your time and attention for reading what I wrote as well as your feedback! Thanks again!


If Bitcoin had been a Payment Company, It would be Securing Millions in Sales with Zero Marketing Budget - Bitcoin Exchange Guide

https://bitcoinexchangeguide.com/if-bitcoin-had-been-a-payment-company-it-would-be-securing-millions-in-sales-with-zero-marketing-budget/

[Daily Discussion] Sunday, February 17, 2019

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:


Selling Discounted Stadium, Field, VIP, and Parking

I have the following for sale for Sonic Temple, beating the Sonic Temple website by about $50 on each wristband:

Stadium: $175

Field: $300

VIP: $425

Parking: $60

Payment will be over Paypal for the protection of both parties. Alternatively, I can offer a 3% discount with bitcoin payment. Wristbands will ship about 3 weeks before the event with tracking and delivery confirmation. I'm happy to provide feedback upon request. Please PM me with any questions.


GoWithMi Advantages

https://i.redd.it/b3zu3g4yr6h21.png

  • Modern world Prime Squad: Solutions Surgical procedures Option traders

Any creator for the job is often a major worldwide guide professional, a prospering ongoing online business owner, boasts a heavy idea of managing guidelines within the worldwide chart community, and additionally are the owners of having plenty world-wide solutions. Any CTO in the task is about the initial proprietors associated with a guide this mobile phone during The far east. One is the superior technologies qualified during the worldwide location-based offerings (LBS) discipline, as well as she has encouraged his or her group to intergenerational enhancements within the on the whole WEIGHT together with technologies procedure. Assignment technologies counselor is really a beginning participator inside Bitcoin city along with Ethereum enhancement. The downline contain a wealthy piling up for the location-based products, place purposes, wireless Net, blockchain as well complete technological innovation, within reliable system abilities plus in business effectiveness; also, the idea attracts ass stance from world guide business, blockchain sector together with best individuals on the app nation.

  • Primary typically the guide marketplace in the 3. 0 variations involving complete guide age: comprehensive agreement making great insurance policy coverage excellent affordable

GoWithMi brings typically the world guide community to make sure you straightaway hop through the "1. 0 digital camera map", "2. 0 crowdsourcing map" on the "3. 0 comprehensive agreement guide era", which in turn absolutely points to in the excessive policy cover plus excellent inside 1. 0 variety plus the low-cost plus real-time capabilities in the only two. 0 variation. This specific have been proved with Jakarta, Philippines: within just 3-4 months with the help of pretty much actually zero charges, they have secured details with an increase of in comparison with instances all the solidity for Search engine Chart, plus the files good have been evaluated with the planet's the majority scrupulous automobile pre-installation conventional examination, properly going into typically the world car or truck car dealer procurement quantity.

  • Observable products in addition to boundless current market: mobile merchandise are hoped for to make sure you end up being the 1st colossal utility in your blockchain globe

GoWithMi transportable place product or service take typically the owner's a couple of ache factors plus rejuvenating areas: typically the to begin with individual suffering purpose is actually extreme blockage of this bad commercial infrastructure huge towns and cities with increasing cities, and then the subsequent suffering purpose will be safety regarding personalized area personal privacy. Typically the visitors can make use of the product or service so that you can excavation as well as gain profits, that may be the owner 1st fresh new purpose, and then the wearer's personalized site data files may increase the price at their resource, that may be the actual stimulating factor. It is able to fast remedy a chilled begin difficulty along with immediately sort any continuum, this particular alter your elements involving commonplace resources and also owns a bigger visitors entrance benefit. Today, in the event that that Indonesian market place without the need of large-scale online marketing, typically the engine save fullness throughout 5 many months becomes 1 million+, and then the DAU becomes 20, 000+. Should GoWithMi multiplies your insurance plan and then the fair raises inside market place expense, it happens to be required to get through to 1 zillion DAU in your pursuing calendar year as well as anticipated to really do the initially fantastic utility in your blockchain entire world.

For more accurate information please visit:

Website: http://gowithmi.com/


[uncensored-r/BitcoinMarkets] New Private City in Norway Adopts Crypto as Medium of Exchange

The following post by Crypto_guide is being replicated because the post has been silently greylisted.

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

np.reddit.com/r/ BitcoinMarkets/comments/arnh1w

The original post's content was as follows:


[removed]



GoWithMi Advantages

https://i.redd.it/b3zu3g4yr6h21.png

  • Modern world Prime Squad: Solutions Surgical procedures Option traders

Any creator for the job is often a major worldwide guide professional, a prospering ongoing online business owner, boasts a heavy idea of managing guidelines within the worldwide chart community, and additionally are the owners of having plenty world-wide solutions. Any CTO in the task is about the initial proprietors associated with a guide this mobile phone during The far east. One is the superior technologies qualified during the worldwide location-based offerings (LBS) discipline, as well as she has encouraged his or her group to intergenerational enhancements within the on the whole WEIGHT together with technologies procedure. Assignment technologies counselor is really a beginning participator inside Bitcoin city along with Ethereum enhancement. The downline contain a wealthy piling up for the location-based products, place purposes, wireless Net, blockchain as well complete technological innovation, within reliable system abilities plus in business effectiveness; also, the idea attracts ass stance from world guide business, blockchain sector together with best individuals on the app nation.

  • Primary typically the guide marketplace in the 3. 0 variations involving complete guide age: comprehensive agreement making great insurance policy coverage excellent affordable

GoWithMi brings typically the world guide community to make sure you straightaway hop through the "1. 0 digital camera map", "2. 0 crowdsourcing map" on the "3. 0 comprehensive agreement guide era", which in turn absolutely points to in the excessive policy cover plus excellent inside 1. 0 variety plus the low-cost plus real-time capabilities in the only two. 0 variation. This specific have been proved with Jakarta, Philippines: within just 3-4 months with the help of pretty much actually zero charges, they have secured details with an increase of in comparison with instances all the solidity for Search engine Chart, plus the files good have been evaluated with the planet's the majority scrupulous automobile pre-installation conventional examination, properly going into typically the world car or truck car dealer procurement quantity.

  • Observable products in addition to boundless current market: mobile merchandise are hoped for to make sure you end up being the 1st colossal utility in your blockchain globe

GoWithMi transportable place product or service take typically the owner's a couple of ache factors plus rejuvenating areas: typically the to begin with individual suffering purpose is actually extreme blockage of this bad commercial infrastructure huge towns and cities with increasing cities, and then the subsequent suffering purpose will be safety regarding personalized area personal privacy. Typically the visitors can make use of the product or service so that you can excavation as well as gain profits, that may be the owner 1st fresh new purpose, and then the wearer's personalized site data files may increase the price at their resource, that may be the actual stimulating factor. It is able to fast remedy a chilled begin difficulty along with immediately sort any continuum, this particular alter your elements involving commonplace resources and also owns a bigger visitors entrance benefit. Today, in the event that that Indonesian market place without the need of large-scale online marketing, typically the engine save fullness throughout 5 many months becomes 1 million+, and then the DAU becomes 20, 000+. Should GoWithMi multiplies your insurance plan and then the fair raises inside market place expense, it happens to be required to get through to 1 zillion DAU in your pursuing calendar year as well as anticipated to really do the initially fantastic utility in your blockchain entire world.

For more accurate information please visit:

Website: http://gowithmi.com/



[uncensored-r/Bitcoin] New Private City in Norway Adopts Crypto as Medium of Exchange

The following post by Crypto_guide 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/ark575

The original post's content was as follows:


https://koinpost.com/new-private-city-in-norway-adopts-crypto-as-medium-of-exchange/



[Daily Discussion] Sunday, February 17, 2019

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:


Weekly /r/DesMoines Events Thread for the week of February 17, 2019

This thread is for any events going on in Des Moines this week! What events will you be attending? What events do you want to attend? What events do you want to promote? Whats new around Des Moines this week? Add a comment below.

Please provide the following when posting new events: - Time, Date, Location, Cost and some sort of description of the event.

New threads start every Sunday, and will be stickied at the top of the subreddit.

Here are some places to find things to do: Cityview's Calendar - Juice's Calendar - Des Moines Register Event Page - Catch Des Moines Calendar

If you have any recurring events, specials, or other suggestions for this weekly thread, please send us a modmail

Bar Map

THANKS FOR HELPING US CROWDSOURCE THIS

Trivia Nights:

  • First Monday of the month is Mona's Pub Quiz at The Lift

  • Benchwarmers in Ankeny on Mondays

  • Tuesdays at Blue Moon in WDM - starts at 8

  • Wednesdays at Fireside Grille in Altoona -starts at 8

  • Trivia Thursdays at The Ingersoll Tap.

  • Tuesdays at Quinton's

  • Gas Lamp has triva on Tuesday

  • Tuesdays at Basement Bar at Des Moines Social Club

  • There's trivia at The Beer House in Urbandale on Wednesdays, 7pm. Also at F&O's on Fridays, 9pm

  • Tuesdays at Wellman's Ingersoll

  • Geeks Who Drink at Red Monk is actually trivia. They do have specials, but the main event is trivia.

  • Wellmans Pub on Ingersoll has trivia Tuesday night at 8

  • Trivia at Thunder Head in Ankeny every Tuesday

  • Trivia at the Keg Stand, Thursday nights (I think it starts at 8:30?)

  • Hi, I'm the owner of Mad Meatball Pizzeria & Pub, located at 401 SE 5th St in Des Moines. We have Trivia every Wednesday at 7:30pm. The Special for the Trivia AYCE Wings for $10 from 7-10pm and $1 off all craft and import beer.

    Drink Specials:

  • 2 for Tuesdays @ the Flying Moose every Tuesday all night (Also, 2 fers every day until 8pm)

  • Beechwood has 2 for 1 on tuesdays.

  • Tuesday night is dollar domestic bottles at Streetcar 209

  • Quintons: Thursday Half off all drinks

  • Quarter beers at both Flying Moose and Mickey's Clive on Weds

  • Wednesday is geeks who drink at the red monk

  • Lift has $3 draws on Thursday

  • First Wednesday of every month there is a bottle share at 515 Brewing @ 6

  • Wacky Wednesdays at Hero's on Court Ave are 2 for 1's all night each week

  • Sunday nights at Lime at Lime Lounge in the East Village has live Hip Hop acts and DJs, no cover, 2 for $5 wells, 2 for $10 martinis and mojitos, 3 for $7 lime drop shots, and a $1 well drink power hour

    • Tuesdays they have trivia at The Hall in Valley Junction too. Starts at 7.
    • Smashpark in WDM has trivia at 7 and 8 on monday nights

    Weekly Open Mic night:

  • Gas Lamp now does karaoke on Tuesdays (with a live band for you to sing with!).

  • Tuesday night comedy open mic at Lefty's Live Music at 8pm.

  • open mic every Tuesday at Luckys at 8.

  • Friday night at the Beechwood is free stand-up comedy.

  • Acoustic music open mic at AJ's on East Court, Sundays at 4pm

  • Free Killer Queen at Up-Down every Thursday!

    Other Ongoing Events:

  • Blues Jam Band every Tuesday at Carl's Place, $3 tallboys

  • Des Moines Bitcoin and Blockchain MeetUp at Gravitate in West Des Moines - 2nd and 4th Thursdays of each month (eg Oct 25th) at 7:00pm

    If any of these are no longer current or you would like to add something, please ping /u/annarchist to update this thread otherwise I may miss it.