Tuesday, April 2, 2019

04-03 06:13 - 'The Blockchain-Based Decentralized Internet New Face of Era' (self.Bitcoin) by /u/Crypto-Bitcoin removed from /r/Bitcoin within 5-15min

'''

In recent time, every year and even daily the popularity of decentralized applications (D-Apps) and programming languages software programs keep on expanding. In fact, the future of these decentralized applications many expectations that a move to oversight safe and decentralized internet will balance expansive tech organizations, whose control and observation serves to choke out the challenge and crush privacy. This could help to manage somehow the privacy issues. A spearheading power of decentralization was the making of Bitcoin in 2009. Satoshi Nakamoto made the first historically created "Distributed Electronic Money Framework" with the point of assuming responsibility for cash out of the hands of banks and governments. This cryptographic money and it's blockchain a computerized decentralized public ledger give monetary influence back to the person. What cryptocurrency has accomplished for cash is the thing that a decentralized Internet can accomplish for online security and the wellbeing of data.

Decentralized Infrastructure is a Moral Imperative Large providers hyperscale data centers and other infrastructure projects effectively prevent competition by establishing a massive capex barrier for potential competitors. Over time, this has created an oligopoly, which hurts consumers. We adopt the following definition of decentralization proposed by Rohit Khare. "A decentralized system is one which requires multiple parties to make their own independent decisions" In such a decentralized system, there is no single centralized authority that makes decisions on behalf of all the parties. The decentralized infrastructure of blockchain-based social media creates a more equitable balance of power between the platform provider and its users. An additional problem with the Facebook system is a problem inherent to all centralized data stores — they're easy targets for those who wish to misuse the data.

Decentralized Apps

After almost the last three decades of the internet, many feel as if its underlying idealistic reason hasn't conveyed. For those individuals, and any other person exhausted by the present condition of on the web, decentralization is an answer. While everybody is most likely acquainted with how distributed (or p2p) works in BitTorrent and we can utilize that as the beginning stage for the present decentralization discussion. we've currently entered the Bitcoin/crypto/blockchain time. The Dat protocol is basically based on BitTorrent 2.0, but they have different fundamentals data inside that they can achieve within some period.

D-App the Decentralization is one of the words that is used for the crypto economics space the most much of the time and is regularly even seen as a blockchain's whole reason, however, it is likewise one of the words that is maybe characterized the most inadequately. A huge number of long periods of research, and billions of dollars of hash power, have been spent for the sole reason for endeavoring to accomplish decentralization, and to secure and improve it, and when discourses get rivalrous it is incredibly regular for advocates of one convention (or convention expansion) to guarantee that the restricting recommendations are "brought together" as a definitive knockdown contention.

At its center, blockchain is a distributed ledger where each PC on the system shares and checks similar information. The ledger is unchanging, implying that it can't be changed later. With the goal that's engineering decentralization, and obviously, it right now drives the decentralization discourse. However, it's the most obvious of the many decentralized conventions, which additionally incorporate IPFS (or Interplanetary Document Framework), SSB and Dat. The IPFS protocol is attempting to try to rebuild the whole internet from scratch in a little bit different way.

Web 3.0

If you investigate how the Web is functioning today, generally users don't have much power all things considered. They are helpless before what organizations like Google, Microsoft, and Facebook, among not many different firms, need to demonstrate them or rather need them to get to. It is ruled by a bunch of players that bring together all the activity while advancing the conviction that users are to be sure enabled and have the power since they're ready to do it. The motivation behind making a Web that keeps running on the Blockchain is basic: Form a device that gives control back to its clients by re-establishing control of their own information and by furnishing them with the capacity to use the Web, without depending on and pay mediators the Google and Amazon of this world. Shared, decentralized. In any case, is it genuinely a Web that would keep running on the Blockchain? Not actually. It's even more so about structures decentralized applications (or Blockchain-based applications) that would use the web for access reason.

The third generation of the Internet, "Web 3.0". This proposal has prompted a considerable amount of discussion inside the business industry. The individuals who are joined to the web 2.0 moniker have responded by asserting that such a term isn't justified while others have reacted emphatically to the term, taking note of that there is surely a trademark contrast between the coming new phase of the Internet Web 3.0 has come.

Blockchain Research Center connecting New Taipei City Government and Trescon for organizing the World Blockchain Summit in New Taipei City on 25th-26th of April 2019. The summit will feature John McAfee, Tim Draper, Roger Ver, Jason Hsu who will share their insights on blockchain development, use cases and application. To know more about the event and witness other key industry leaders speak, please approach our strategy partners.

购票 + 购买方案请洽战略伙伴:-

Buy Tickets + Sponsorship from our Strategy Partners: -

Blockchain News区块链新闻: [link]1

Louise Li (WeChat ID微信号:FMSLouiseLi)

email@blockchainnews.report

+886-926-246-348 (WhatsApp)

+++

活动通 Accupass: [link]2

Business Development Nick Lee

nicklee@accuvally.com

+886-917-157-990

+++

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Email: jet@knowing.asia

Sales Dept业务部 朱泽承 Jeremy

[link]4

M:886-975-655-388

Email: jeremy@knowing.asia

+++

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suki@blockcast.it

+852-973-532-205.

'''

The Blockchain-Based Decentralized Internet New Face of Era

Go1dfish undelete link

unreddit undelete link

Author: /u/Crypto-Bitcoin

1: bloc*ch*i*ne*s.re*or*/?p=*70
2: ww*.accu*ass.com/even*****11503135**4*86037*7
3: ww*.kno*in*.asia/WBS*aip**
4: TEL:886-2-23110098
5: TEL:886-2-23110098

Unknown links are censored to prevent spreading illicit content.


[uncensored-r/Bitcoin] The Blockchain-Based Decentralized Internet New Face of Era

The following post by Crypto-Bitcoin is being replicated because the post has been silently removed.

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

np.reddit.com/r/ Bitcoin/comments/b8u76o

The original post's content was as follows:


In recent time, every year and even daily the popularity of decentralized applications (D-Apps) and programming languages software programs keep on expanding. In fact, the future of these decentralized applications many expectations that a move to oversight safe and decentralized internet will balance expansive tech organizations, whose control and observation serves to choke out the challenge and crush privacy. This could help to manage somehow the privacy issues. A spearheading power of decentralization was the making of Bitcoin in 2009. Satoshi Nakamoto made the first historically created "Distributed Electronic Money Framework" with the point of assuming responsibility for cash out of the hands of banks and governments. This cryptographic money and it's blockchain a computerized decentralized public ledger give monetary influence back to the person. What cryptocurrency has accomplished for cash is the thing that a decentralized Internet can accomplish for online security and the wellbeing of data.

Decentralized Infrastructure is a Moral Imperative Large providers hyperscale data centers and other infrastructure projects effectively prevent competition by establishing a massive capex barrier for potential competitors. Over time, this has created an oligopoly, which hurts consumers. We adopt the following definition of decentralization proposed by Rohit Khare. "A decentralized system is one which requires multiple parties to make their own independent decisions" In such a decentralized system, there is no single centralized authority that makes decisions on behalf of all the parties. The decentralized infrastructure of blockchain-based social media creates a more equitable balance of power between the platform provider and its users. An additional problem with the Facebook system is a problem inherent to all centralized data stores — they're easy targets for those who wish to misuse the data.

Decentralized Apps

After almost the last three decades of the internet, many feel as if its underlying idealistic reason hasn't conveyed. For those individuals, and any other person exhausted by the present condition of on the web, decentralization is an answer. While everybody is most likely acquainted with how distributed (or p2p) works in BitTorrent and we can utilize that as the beginning stage for the present decentralization discussion. we've currently entered the Bitcoin/crypto/blockchain time. The Dat protocol is basically based on BitTorrent 2.0, but they have different fundamentals data inside that they can achieve within some period.

D-App the Decentralization is one of the words that is used for the crypto economics space the most much of the time and is regularly even seen as a blockchain's whole reason, however, it is likewise one of the words that is maybe characterized the most inadequately. A huge number of long periods of research, and billions of dollars of hash power, have been spent for the sole reason for endeavoring to accomplish decentralization, and to secure and improve it, and when discourses get rivalrous it is incredibly regular for advocates of one convention (or convention expansion) to guarantee that the restricting recommendations are "brought together" as a definitive knockdown contention.

At its center, blockchain is a distributed ledger where each PC on the system shares and checks similar information. The ledger is unchanging, implying that it can't be changed later. With the goal that's engineering decentralization, and obviously, it right now drives the decentralization discourse. However, it's the most obvious of the many decentralized conventions, which additionally incorporate IPFS (or Interplanetary Document Framework), SSB and Dat. The IPFS protocol is attempting to try to rebuild the whole internet from scratch in a little bit different way.

Web 3.0

If you investigate how the Web is functioning today, generally users don't have much power all things considered. They are helpless before what organizations like Google, Microsoft, and Facebook, among not many different firms, need to demonstrate them or rather need them to get to. It is ruled by a bunch of players that bring together all the activity while advancing the conviction that users are to be sure enabled and have the power since they're ready to do it. The motivation behind making a Web that keeps running on the Blockchain is basic: Form a device that gives control back to its clients by re-establishing control of their own information and by furnishing them with the capacity to use the Web, without depending on and pay mediators the Google and Amazon of this world. Shared, decentralized. In any case, is it genuinely a Web that would keep running on the Blockchain? Not actually. It's even more so about structures decentralized applications (or Blockchain-based applications) that would use the web for access reason.

The third generation of the Internet, "Web 3.0". This proposal has prompted a considerable amount of discussion inside the business industry. The individuals who are joined to the web 2.0 moniker have responded by asserting that such a term isn't justified while others have reacted emphatically to the term, taking note of that there is surely a trademark contrast between the coming new phase of the Internet Web 3.0 has come.

Blockchain Research Center connecting New Taipei City Government and Trescon for organizing the World Blockchain Summit in New Taipei City on 25th-26th of April 2019. The summit will feature John McAfee, Tim Draper, Roger Ver, Jason Hsu who will share their insights on blockchain development, use cases and application. To know more about the event and witness other key industry leaders speak, please approach our strategy partners.

?? + ???????????-

Buy Tickets + Sponsorship from our Strategy Partners: -

Blockchain News?????? https://blockchainnews.report/?p=770

Louise Li (WeChat ID????FMSLouiseLi)

email@blockchainnews.report

+886-926-246-348 (WhatsApp)

+++

??? Accupass? https://www.accupass.com/event/1901150313501448603787

Business Development Nick Lee

nicklee@accuvally.com

+886-917-157-990

+++

KNOWING?? & ????Bitnance? http://www.knowing.asia/WBSTaipei

Chief Editor??? ??? Jet Yang

TEL:886-2-23110098

M:886-936-135-336

Email: jet@knowing.asia

Sales Dept??? ??? Jeremy

TEL:886-2-23110098

M:886-975-655-388

Email: jeremy@knowing.asia

+++

Blockcast???

Co-founder & Chief Creative Officer Suki Ma

suki@blockcast.it

+852-973-532-205.


Wibson's mission and coverage so far

The question of personal data is clearly the main thing. In addition, US legislators intensified their discussion about the application of potential regulations, similar to GDPR. The New York Times looks at the details of the cellular location data market and shows how insignificant most users are about how their personal locations are tracked.

Wibson is a project team behind Grandata, the mission of Wibson is to create a reliable universal data platform that maximizes value for individuals and businesses. Wibson launched the Wibson market in October 2018 and has supported more than 100,000 data transactions: to date, more than one million WIB has been used for the Wibson community transaction. The company received funding from DGG Capital, Kenetic Capital and Telefónica, Wayra investment groups, and other leading industry investors.

Only 60 days after the launch of the Wibson and Wibson token, more than 6800 Data Sellers have completed 81,000 transactions and received more than 1,000,000 Wibson (WIB) tokens. This Wibson user now sells the owner of Wibson tokens. Because the Wibson market operates on the Ethereum network, all of this data is public and can be easily seen in Etherscan.

The Wibson team continues to work to improve the Wibson application experience and develop better interactions with our Wibson community. Some of the latest application updates include:

  1. Recipients to connect to available data sources on the Transaction History tab.

  2. Increased Transaction Speed ​​It is important to note that data is NEVER sent when the transaction is delayed until the transaction is complete.

  3. Reset Facebook and Strava fitness sessions to avoid unsuccessful offers.

  4. The application version is displayed on the Users tab.

*WIBSON'S COVERAGE *

Wibson has been involved in a number of major global industry events. Matt Travizano, CEO and co-founder of Wibson, is one of the keynote speakers at the Fintech Singapore Festival 2018. After this large technical financial meeting, the Wibson marketing team at Mat's C20 - Bitcoin Blockchain conference in Buenos Aires 16 and 17 joined the November booth , where more than 3,000 participants have the opportunity to learn more about Wibson's projects and ideas to exchange with our team. Wibson also presented the Convention on the Blockchain Europe in Barcelona, ​​where more than 500 participants and 50 speakers discussed the emergence of the Blockchain and the future of the digital economy. From there, one of the founders and technical director of Wibson Martin Minoni presented the 2018 OKEx Buenos Aires world tour to discuss the block revolution in Latin America. Finally, Wibson research director Charles Saraute spoke at the International Conference on Information about the Wibson decentralized data market.

https://wibson.org/

Bountyox username: Iphygurl


[Daily Discussion] Wednesday, April 03, 2019

Thread topics include, but are not limited to:

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Thread guidelines:

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Is Bitcoin a Safe Investment? | Bitcoin Investment Guide & Tips

https://bitcoininvestmentguides.info/index.php/2019/01/03/is-bitcoin-a-safe-investment/

Various Ways to Invest in Bitcoin | Bitcoin Investment Guide & Tips

https://bitcoininvestmentguides.info/index.php/2019/01/03/various-ways-to-invest-in-bitcoin/

[Daily Discussion] Wednesday, April 03, 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:


The Blockchain-Based Decentralized Internet New Face of Era

In recent time, every year and even daily the popularity of decentralized applications (D-Apps) and programming languages software programs keep on expanding. In fact, the future of these decentralized applications many expectations that a move to oversight safe and decentralized internet will balance expansive tech organizations, whose control and observation serves to choke out the challenge and crush privacy. This could help to manage somehow the privacy issues. A spearheading power of decentralization was the making of Bitcoin in 2009. Satoshi Nakamoto made the first historically created "Distributed Electronic Money Framework" with the point of assuming responsibility for cash out of the hands of banks and governments. This cryptographic money and it's blockchain a computerized decentralized public ledger give monetary influence back to the person. What cryptocurrency has accomplished for cash is the thing that a decentralized Internet can accomplish for online security and the wellbeing of data.

Decentralized Infrastructure is a Moral Imperative Large providers hyperscale data centers and other infrastructure projects effectively prevent competition by establishing a massive capex barrier for potential competitors. Over time, this has created an oligopoly, which hurts consumers. We adopt the following definition of decentralization proposed by Rohit Khare. "A decentralized system is one which requires multiple parties to make their own independent decisions" In such a decentralized system, there is no single centralized authority that makes decisions on behalf of all the parties. The decentralized infrastructure of blockchain-based social media creates a more equitable balance of power between the platform provider and its users. An additional problem with the Facebook system is a problem inherent to all centralized data stores — they're easy targets for those who wish to misuse the data.

Decentralized Apps

After almost the last three decades of the internet, many feel as if its underlying idealistic reason hasn't conveyed. For those individuals, and any other person exhausted by the present condition of on the web, decentralization is an answer. While everybody is most likely acquainted with how distributed (or p2p) works in BitTorrent and we can utilize that as the beginning stage for the present decentralization discussion. we've currently entered the Bitcoin/crypto/blockchain time. The Dat protocol is basically based on BitTorrent 2.0, but they have different fundamentals data inside that they can achieve within some period.

D-App the Decentralization is one of the words that is used for the crypto economics space the most much of the time and is regularly even seen as a blockchain's whole reason, however, it is likewise one of the words that is maybe characterized the most inadequately. A huge number of long periods of research, and billions of dollars of hash power, have been spent for the sole reason for endeavoring to accomplish decentralization, and to secure and improve it, and when discourses get rivalrous it is incredibly regular for advocates of one convention (or convention expansion) to guarantee that the restricting recommendations are "brought together" as a definitive knockdown contention.

At its center, blockchain is a distributed ledger where each PC on the system shares and checks similar information. The ledger is unchanging, implying that it can't be changed later. With the goal that's engineering decentralization, and obviously, it right now drives the decentralization discourse. However, it's the most obvious of the many decentralized conventions, which additionally incorporate IPFS (or Interplanetary Document Framework), SSB and Dat. The IPFS protocol is attempting to try to rebuild the whole internet from scratch in a little bit different way.

Web 3.0

If you investigate how the Web is functioning today, generally users don't have much power all things considered. They are helpless before what organizations like Google, Microsoft, and Facebook, among not many different firms, need to demonstrate them or rather need them to get to. It is ruled by a bunch of players that bring together all the activity while advancing the conviction that users are to be sure enabled and have the power since they're ready to do it. The motivation behind making a Web that keeps running on the Blockchain is basic: Form a device that gives control back to its clients by re-establishing control of their own information and by furnishing them with the capacity to use the Web, without depending on and pay mediators the Google and Amazon of this world. Shared, decentralized. In any case, is it genuinely a Web that would keep running on the Blockchain? Not actually. It's even more so about structures decentralized applications (or Blockchain-based applications) that would use the web for access reason.

The third generation of the Internet, "Web 3.0". This proposal has prompted a considerable amount of discussion inside the business industry. The individuals who are joined to the web 2.0 moniker have responded by asserting that such a term isn't justified while others have reacted emphatically to the term, taking note of that there is surely a trademark contrast between the coming new phase of the Internet Web 3.0 has come.

Blockchain Research Center connecting New Taipei City Government and Trescon for organizing the World Blockchain Summit in New Taipei City on 25th-26th of April 2019. The summit will feature John McAfee, Tim Draper, Roger Ver, Jason Hsu who will share their insights on blockchain development, use cases and application. To know more about the event and witness other key industry leaders speak, please approach our strategy partners.

购票 + 购买方案请洽战略伙伴:-

Buy Tickets + Sponsorship from our Strategy Partners: -

Blockchain News区块链新闻: https://blockchainnews.report/?p=770

Louise Li (WeChat ID微信号:FMSLouiseLi)

email@blockchainnews.report

+886-926-246-348 (WhatsApp)

+++

活动通 Accupass: https://www.accupass.com/event/1901150313501448603787

Business Development Nick Lee

nicklee@accuvally.com

+886-917-157-990

+++

KNOWING新闻 & 币特财经Bitnance: http://www.knowing.asia/WBSTaipei

Chief Editor总编辑 杨方儒 Jet Yang

TEL:886-2-23110098

M:886-936-135-336

Email: jet@knowing.asia

Sales Dept业务部 朱泽承 Jeremy

TEL:886-2-23110098

M:886-975-655-388

Email: jeremy@knowing.asia

+++

Blockcast区块客

Co-founder & Chief Creative Officer Suki Ma

suki@blockcast.it

+852-973-532-205.


[Daily Discussion] Wednesday, April 03, 2019

Thread topics include, but are not limited to:

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  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

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[Altcoin Discussion] Wednesday, April 03, 2019

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EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Fifteen - Down 83%

Two good months in a row?

tl;dr - Two good months in a row for the Top Ten, Cardano far outperformed the pack in March, Stellar overtakes Bitcoin for the overall lead.

Click here for full blog post complete with lots of pretty colors.

The Experiment:

Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. Think of it as a lazy man's Index Fund (no weighting or rebalancing), less technical, more fun (for me at least), and hopefully still a proxy for the market as a whole - or at the very least an interesting snapshot of the 2018/2019 crypto space. I’m trying to keep it simple and accessible for beginners and those looking to get into crypto but maybe not quite ready to jump in yet.

I have also started a parallel project: on January 1st, 2019, I repeated the experiment, purchasing another $1000 ($100 each) into the new Top Ten cryptos as of January 1st 2019.

The Rules:

Buy $100 of each the Top 10 cryptocurrencies on January 1st, 2018. Run the experiment two years. Hold only. No selling. No trading. Report monthly.

Month Fourteen - Down 83%

March marked two solid back to back months: besides Ripple (which is only down -2%) the entire field is green. And sixty percent of the field saw well over double digit gains in March.

Ranking

Not tons of movement this month. Both Dash and Cardano moved up two places in the rankings, great progress for these projects this month. Congrats to Cardano on reclaiming its Top Ten Spot, a position it hadn't occupied since November 2018.

IOTA dropped a place and NEM continued it's steady descent - it now holds the dubious distinction of being the first crypto in the experiment to have fallen out of the Top Twenty.

NEM, Dash, and IOTA are Top Ten dropouts - they have been replaced by EOSTether, and Binance Coin.

March Winners - Cardano absolutely crushed the field this month, up nearly +63% in March, followed by Dash, up +33%.

March Losers - Ripple was the only crypto in the red in March, down -2%.

For those keeping score, here is tally of which coins have the most monthly wins and loses during the first 15 months of this experiment. Most monthly wins (3): Litecoin. Most monthly loses (4): NEM.

Overall update – Stellar takes back the lead from Bitcoin. NEM and BCH at the bottom.

Stellar, down -66% from January 2018, reclaimed the overall lead in the experiment, overtaking Bitcoin, down -69% over the same period. Yes, being down "only" this much qualifies both as the best performers.

Although they bounced back a bit this month, NEM and Bitcoin Cashcontinue to occupy the bottom, down -94% and -93% respectively. My initial $100 investment in NEM is worth just $5.91 and Bitcoin Cash is worth $6.70.

Total Market Cap for the entire cryptocurrency sector:

The total crypto market cap increased $15B in March, up +11% for the month. It is down -75% since the beginning of the experiment, January 1st, 2018. At $145B, the market is at its highest point since November 2018.

Bitcoin dominance:

Bitcoin dominance dropped again in March, inching closer to the psychologically significant 50% mark. If experiment history is any indication, we can expect to see BTC dominance drop as/if the overall market gains strength and people feel more willing to risk investing in projects other than Bitcoin.

Overall return on investment from January 1st, 2018:

My Top Ten of 2018 portfolio increased nearly $25 in total value this month. Another tiny gain, but noteworthy, as ending two months in a row in positive territory unheard of thus far in the experiment. If I cashed out today, my $1000 initial investment would return about $165, down -83%. Another rare event: I have almost always ended the month setting a record low in terms of value over the life of the experiment. March marks back to back month where this has not the case.

Implications/Observations:

Back to back months seeing nearly all cryptos in positive territory is a welcome change for the experiment. Have we indeed bottomed out?

After a few months of back and forth, Stellar, 2018's champion, stabilized, has reclaimed the lead over Bitcoin.

The experiment's focus of solely holding the Top Ten continues to be a losing proposition. While the overall market is down -75% from January 2018, the cryptos that began 2018 in the Top Ten are down -83% over the same period of time. At no point in the experiment has this investment strategy worked: the initial 2018 Top Ten continue to under-perform compared to the market overall.

The 8% difference is slightly down from last month. The widest gap was a 12% difference at one point last year (September 2018).

I'm also tracking the S&P 500 as part of my experiment to have a comparison point with other popular investments options. After a pretty significant December dip, the stock market continues to rebound. It's up 6% since the beginning of 2018, so that $1k investment I threw into crypto would have yielded +$60.

Conclusion:

Both February and March have been solid months for crypto. These updates aren't about technical analysis, but I'm starting to see commentators highlight positive trends. That's encouraging, but I'd personally like to see a few more consecutive positive months before claiming a bottom.

Thanks for reading and the support for the experiment. I hope you’ve found it helpful. I continue to be committed to seeing this process through and reporting along the way. Feel free to reach out with any questions and stay tuned for progress reports.


[Daily Discussion] Wednesday, April 03, 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:


Stellar reclaims the lead - EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Fifteen - Down 83%

Stellar reclaims the lead in the experiment

tl;dr - Two good months in a row for the Top Ten, Cardano far outperformed the pack in March, Stellar overtakes Bitcoin for the overall lead.

Click here for full blog post complete with lots of pretty colors.

The Experiment:

Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. Think of it as a lazy man's Index Fund (no weighting or rebalancing), less technical, more fun (for me at least), and hopefully still a proxy for the market as a whole - or at the very least an interesting snapshot of the 2018/2019 crypto space. I’m trying to keep it simple and accessible for beginners and those looking to get into crypto but maybe not quite ready to jump in yet.

I have also started a parallel project: on January 1st, 2019, I repeated the experiment, purchasing another $1000 ($100 each) into the new Top Ten cryptos as of January 1st 2019.

The Rules:

Buy $100 of each the Top 10 cryptocurrencies on January 1st, 2018. Run the experiment two years. Hold only. No selling. No trading. Report monthly.

Month Fourteen - Down 83%

March marked two solid back to back months: besides Ripple (which is only down -2%) the entire field is green. And sixty percent of the field saw well over double digit gains in March.

Ranking

Not tons of movement this month. Both Dash and Cardano moved up two places in the rankings, great progress for these projects this month. Congrats to Cardano on reclaiming its Top Ten Spot, a position it hadn't occupied since November 2018.

IOTA dropped a place and NEM continued it's steady descent - it now holds the dubious distinction of being the first crypto in the experiment to have fallen out of the Top Twenty.

NEM, Dash, and IOTA are Top Ten dropouts - they have been replaced by EOSTether, and Binance Coin.

March Winners - Cardano absolutely crushed the field this month, up nearly +63% in March, followed by Dash, up +33%.

March Losers - Ripple was the only crypto in the red in March, down -2%.

For those keeping score, here is tally of which coins have the most monthly wins and loses during the first 15 months of this experiment. Most monthly wins (3): Litecoin. Most monthly loses (4): NEM.

Overall update – Stellar takes back the lead from Bitcoin. NEM and BCH at the bottom.

Stellar, down -66% from January 2018, reclaimed the overall lead in the experiment, overtaking Bitcoin, down -69% over the same period. Yes, being down "only" this much qualifies both as the best performers.

Although they bounced back a bit this month, NEM and Bitcoin Cashcontinue to occupy the bottom, down -94% and -93% respectively. My initial $100 investment in NEM is worth just $5.91 and Bitcoin Cash is worth $6.70.

Total Market Cap for the entire cryptocurrency sector:

The total crypto market cap increased $15B in March, up +11% for the month. It is down -75% since the beginning of the experiment, January 1st, 2018. At $145B, the market is at its highest point since November 2018.

Bitcoin dominance:

Bitcoin dominance dropped again in March, inching closer to the psychologically significant 50% mark. If experiment history is any indication, we can expect to see BTC dominance drop as/if the overall market gains strength and people feel more willing to risk investing in projects other than Bitcoin.

Overall return on investment from January 1st, 2018:

My Top Ten of 2018 portfolio increased nearly $25 in total value this month. Another tiny gain, but noteworthy, as ending two months in a row in positive territory unheard of thus far in the experiment. If I cashed out today, my $1000 initial investment would return about $165, down -83%. Another rare event: I have almost always ended the month setting a record low in terms of value over the life of the experiment. March marks back to back month where this has not the case.

Implications/Observations:

Back to back months seeing nearly all cryptos in positive territory is a welcome change for the experiment. Have we indeed bottomed out?

After a few months of back and forth, Stellar, 2018's champion, stabilized, has reclaimed the lead over Bitcoin.

The experiment's focus of solely holding the Top Ten continues to be a losing proposition. While the overall market is down -75% from January 2018, the cryptos that began 2018 in the Top Ten are down -83% over the same period of time. At no point in the experiment has this investment strategy worked: the initial 2018 Top Ten continue to under-perform compared to the market overall.

The 8% difference is slightly down from last month. The widest gap was a 12% difference at one point last year (September 2018).

I'm also tracking the S&P 500 as part of my experiment to have a comparison point with other popular investments options. After a pretty significant December dip, the stock market continues to rebound. It's up 6% since the beginning of 2018, so that $1k investment I threw into crypto would have yielded +$60.

Conclusion:

Both February and March have been solid months for crypto. These updates aren't about technical analysis, but I'm starting to see commentators highlight positive trends. That's encouraging, but I'd personally like to see a few more consecutive positive months before claiming a bottom.

Thanks for reading and the support for the experiment. I hope you’ve found it helpful. I continue to be committed to seeing this process through and reporting along the way. Feel free to reach out with any questions and stay tuned for progress reports.


Cardano crushes competition in March - EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Fifteen - Down 83%

Cardano crushes competition in March

tl;dr - Two good months in a row for the Top Ten, Cardano far outperformed the pack in March, Stellar overtakes Bitcoin for the overall lead.

Click here for full blog post complete with lots of pretty colors.

The Experiment:

Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. Think of it as a lazy man's Index Fund (no weighting or rebalancing), less technical, more fun (for me at least), and hopefully still a proxy for the market as a whole - or at the very least an interesting snapshot of the 2018/2019 crypto space. I’m trying to keep it simple and accessible for beginners and those looking to get into crypto but maybe not quite ready to jump in yet.

I have also started a parallel project: on January 1st, 2019, I repeated the experiment, purchasing another $1000 ($100 each) into the new Top Ten cryptos as of January 1st 2019.

The Rules:

Buy $100 of each the Top 10 cryptocurrencies on January 1st, 2018. Run the experiment two years. Hold only. No selling. No trading. Report monthly.

Month Fourteen - Down 83%

March marked two solid back to back months: besides Ripple (which is only down -2%) the entire field is green. And sixty percent of the field saw well over double digit gains in March.

Ranking

Not tons of movement this month. Both Dash and Cardano moved up two places in the rankings, great progress for these projects this month. Congrats to Cardano on reclaiming its Top Ten Spot, a position it hadn't occupied since November 2018.

IOTA dropped a place and NEM continued it's steady descent - it now holds the dubious distinction of being the first crypto in the experiment to have fallen out of the Top Twenty.

NEM, Dash, and IOTA are Top Ten dropouts - they have been replaced by EOSTether, and Binance Coin.

March Winners - Cardano absolutely crushed the field this month, up nearly +63% in March, followed by Dash, up +33%.

March Losers - Ripple was the only crypto in the red in March, down -2%.

For those keeping score, here is tally of which coins have the most monthly wins and loses during the first 15 months of this experiment. Most monthly wins (3): Litecoin. Most monthly loses (4): NEM.

Overall update – Stellar takes back the lead from Bitcoin. NEM and BCH at the bottom.

Stellar, down -66% from January 2018, reclaimed the overall lead in the experiment, overtaking Bitcoin, down -69% over the same period. Yes, being down "only" this much qualifies both as the best performers.

Although they bounced back a bit this month, NEM and Bitcoin Cashcontinue to occupy the bottom, down -94% and -93% respectively. My initial $100 investment in NEM is worth just $5.91 and Bitcoin Cash is worth $6.70.

Total Market Cap for the entire cryptocurrency sector:

The total crypto market cap increased $15B in March, up +11% for the month. It is down -75% since the beginning of the experiment, January 1st, 2018. At $145B, the market is at its highest point since November 2018.

Bitcoin dominance:

Bitcoin dominance dropped again in March, inching closer to the psychologically significant 50% mark. If experiment history is any indication, we can expect to see BTC dominance drop as/if the overall market gains strength and people feel more willing to risk investing in projects other than Bitcoin.

Overall return on investment from January 1st, 2018:

My Top Ten of 2018 portfolio increased nearly $25 in total value this month. Another tiny gain, but noteworthy, as ending two months in a row in positive territory unheard of thus far in the experiment. If I cashed out today, my $1000 initial investment would return about $165, down -83%. Another rare event: I have almost always ended the month setting a record low in terms of value over the life of the experiment. March marks back to back month where this has not the case.

Implications/Observations:

Back to back months seeing nearly all cryptos in positive territory is a welcome change for the experiment. Have we indeed bottomed out?

After a few months of back and forth, Stellar, 2018's champion, stabilized, has reclaimed the lead over Bitcoin.

The experiment's focus of solely holding the Top Ten continues to be a losing proposition. While the overall market is down -75% from January 2018, the cryptos that began 2018 in the Top Ten are down -83% over the same period of time. At no point in the experiment has this investment strategy worked: the initial 2018 Top Ten continue to under-perform compared to the market overall.

The 8% difference is slightly down from last month. The widest gap was a 12% difference at one point last year (September 2018).

I'm also tracking the S&P 500 as part of my experiment to have a comparison point with other popular investments options. After a pretty significant December dip, the stock market continues to rebound. It's up 6% since the beginning of 2018, so that $1k investment I threw into crypto would have yielded +$60.

Conclusion:

Both February and March have been solid months for crypto. These updates aren't about technical analysis, but I'm starting to see commentators highlight positive trends. That's encouraging, but I'd personally like to see a few more consecutive positive months before claiming a bottom.

Thanks for reading and the support for the experiment. I hope you’ve found it helpful. I continue to be committed to seeing this process through and reporting along the way. Feel free to reach out with any questions and stay tuned for progress reports.


EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Fifteen - Down 83%

https://i.redd.it/yag33ouubzp21.png

tl;dr - Two good months in a row for the Top Ten, Cardano far outperformed the pack in March, Stellar overtakes Bitcoin for the overall lead.

Click here for full blog post complete with lots of pretty colors.

The Experiment:

Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. Think of it as a lazy man's Index Fund (no weighting or rebalancing), less technical, more fun (for me at least), and hopefully still a proxy for the market as a whole - or at the very least an interesting snapshot of the 2018/2019 crypto space. I’m trying to keep it simple and accessible for beginners and those looking to get into crypto but maybe not quite ready to jump in yet.

I have also started a parallel project: on January 1st, 2019, I repeated the experiment, purchasing another $1000 ($100 each) into the new Top Ten cryptos as of January 1st 2019.

The Rules:

Buy $100 of each the Top 10 cryptocurrencies on January 1st, 2018. Run the experiment two years. Hold only. No selling. No trading. Report monthly.

Month Fourteen - Down 83%

March marked two solid back to back months: besides Ripple (which is only down -2%) the entire field is green. And sixty percent of the field saw well over double digit gains in March.

Ranking

Not tons of movement this month. Both Dash and Cardano moved up two places in the rankings, great progress for these projects this month. Congrats to Cardano on reclaiming its Top Ten Spot, a position it hadn't occupied since November 2018.

IOTA dropped a place and NEM continued it's steady descent - it now holds the dubious distinction of being the first crypto in the experiment to have fallen out of the Top Twenty.

NEM, Dash, and IOTA are Top Ten dropouts - they have been replaced by EOSTether, and Binance Coin.

March Winners - Cardano absolutely crushed the field this month, up nearly +63% in March, followed by Dash, up +33%.

March Losers - Ripple was the only crypto in the red in March, down -2%.

For those keeping score, here is tally of which coins have the most monthly wins and loses during the first 15 months of this experiment. Most monthly wins (3): Litecoin. Most monthly loses (4): NEM.

Overall update – Stellar takes back the lead from Bitcoin. NEM and BCH at the bottom.

Stellar, down -66% from January 2018, reclaimed the overall lead in the experiment, overtaking Bitcoin, down -69% over the same period. Yes, being down "only" this much qualifies both as the best performers.

Although they bounced back a bit this month, NEM and Bitcoin Cashcontinue to occupy the bottom, down -94% and -93% respectively. My initial $100 investment in NEM is worth just $5.91 and Bitcoin Cash is worth $6.70.

Total Market Cap for the entire cryptocurrency sector:

The total crypto market cap increased $15B in March, up +11% for the month. It is down -75% since the beginning of the experiment, January 1st, 2018. At $145B, the market is at its highest point since November 2018.

Bitcoin dominance:

Bitcoin dominance dropped again in March, inching closer to the psychologically significant 50% mark. If experiment history is any indication, we can expect to see BTC dominance drop as/if the overall market gains strength and people feel more willing to risk investing in projects other than Bitcoin.

Overall return on investment from January 1st, 2018:

My Top Ten of 2018 portfolio increased nearly $25 in total value this month. Another tiny gain, but noteworthy, as ending two months in a row in positive territory unheard of thus far in the experiment. If I cashed out today, my $1000 initial investment would return about $165, down -83%. Another rare event: I have almost always ended the month setting a record low in terms of value over the life of the experiment. March marks back to back month where this has not the case.

Implications/Observations:

Back to back months seeing nearly all cryptos in positive territory is a welcome change for the experiment. Have we indeed bottomed out?

After a few months of back and forth, Stellar, 2018's champion, stabilized, has reclaimed the lead over Bitcoin.

The experiment's focus of solely holding the Top Ten continues to be a losing proposition. While the overall market is down -75% from January 2018, the cryptos that began 2018 in the Top Ten are down -83% over the same period of time. At no point in the experiment has this investment strategy worked: the initial 2018 Top Ten continue to under-perform compared to the market overall.

The 8% difference is slightly down from last month. The widest gap was a 12% difference at one point last year (September 2018).

I'm also tracking the S&P 500 as part of my experiment to have a comparison point with other popular investments options. After a pretty significant December dip, the stock market continues to rebound. It's up 6% since the beginning of 2018, so that $1k investment I threw into crypto would have yielded +$60.

Conclusion:

Both February and March have been solid months for crypto. These updates aren't about technical analysis, but I'm starting to see commentators highlight positive trends. That's encouraging, but I'd personally like to see a few more consecutive positive months before claiming a bottom.

Thanks for reading and the support for the experiment. I hope you’ve found it helpful. I continue to be committed to seeing this process through and reporting along the way. Feel free to reach out with any questions and stay tuned for progress reports.


[Daily Discussion] Wednesday, April 03, 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] Wednesday, April 03, 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] Wednesday, April 03, 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:


Data breaches and cyber attack in March 2019 – Over 2 billion records leaked

There’s a new compiler at the helm of our monthly list of data breaches, following the departure of IT Governance stalwart Lewis Morgan, who leaves me with some mighty big shoes to fill.

Fortunately – or, rather, unfortunately ­– the new regime has a familiar ring to it, with another mammoth list of data breaches. By our count, there were at least 2,100,480,045 records compromised in March.

That brings the 2019 running total to 4.53 billion, and raises the monthly average to 1.52 billion.

Here’s the list in full:

Cyber attacks

  • All-in-one widget Share This discloses data theft (617 million)
  • Aurora, OH, school district’s finances ‘compromised’ in cyber attack (unknown)
  • Chinese hackers target universities in pursuit of maritime military secrets(unknown)
  • Hackers break into college admissions databases, try to sell applicants their files(unknown)
  • Software company Citrix says hackers accessed its internal network (unknown)
  • California-based Carmel Unified School District warns employees about phishing scam (unknown)
  • Online advertising firm Sizmek investigating account breach (unknown)
  • Aluminium plant Norsk Hydro hit by severe cyber attack (unknown)
  • Frederick Regional Health System discloses phishing incident affecting hospice patients (unknown)
  • Georgia-based Navicent Health says it was hit by a cyber attack targeting its email systems (unknown)
  • Massachusetts schools shut down Internet amid malware attack (unknown)
  • Hampshire’s Police Federation hit by another cyber attack (120,000)
  • Hackers hijacked ASUS software updates to install backdoors on thousands of computers (unknown)
  • Ransomware
  • Wolverine Solutions still notifying patients more than five months after ransomware attack (1.2 million)
  • More than a million Israeli websites hit with ransomware (unknown)
  • Detroit-based Health Alliance Plan confirms it was affected by ransomware attack on Wolverine Solutions (120,000*)
  • Mary Free Bed Rehabilitation latest organisation to disclose details of Wolverine Solutions attack (4,755*)
  • Jackson County, GA, government’s email systems knocked offline by ransomware (unknown)
  • Ohio-based Direct Scripts notifies patients of ransomware attack (9,300)
  • Delaware Guidance Services notifies parents and guardians of ransomware incident (50,000)
  • Arizona-based Maffi Clinic informs patients of ransomware attack (10,465)
  • Canadian beer supply chain Container World hit by ransomware attack(unknown)
  • Colorado water and sanitations districts fall victim to another ransomware attack (unknown)
  • Chinese government website shut down by ransomware (unknown)
  • Seattle-based senior centre’s systems wiped by ransomware attack weeks before fundraiser (unknown)
  • Hackers hold Dorset students’ GCSE coursework hostage (unknown)
  • Bitcoin ransomware cripples Boston legal system (unknown)
  • Orange County government under siege by ransomware (unknown)
  • Ransomware attack knocks out digital services at New Mexico school (unknown)
  • Ransomware attack forces two US chemical companies to order hundreds of new computers (unknown)
  • *Not included in the total number of records, as they are part of the 1.2 million records affected in the already-reported Wolverine Solutions incident.

Data breaches

  • South Carolina-based St. Francis Physician Services alerts patients of breach(32,000)
  • Saudi Arabian communications app Dalil discloses data leak (5 million)
  • Alleged data breach at India-based IT Grids (35 million)
  • Chicago-based Rush University Hospital notifies HHS, patients of data breach(45,000)
  • Washington State-based Columbia Surgical Specialists reports breach (400,000)
  • Automation Anywhere app exposes event attendees’ information (unknown)
  • Email marketing company leaves its mailing list on a publicly accessible database (809 million)
  • Facebook Messenger vulnerability made it possible for hackers to see your conversations (unknown)
  • Turkish Data Protection Authority tells ING Bank that is has been breached(20,000)
  • Insurance firm AIA Singapore discovers data breach (225)
  • Massachusetts-based Emerson Hospital reports third-party data breach (6,300)
  • Gateshead Council discloses its nineteenth data breach in past ten months(unknown)
  • Worcester, MA, school leaks partial Social Security numbers of teachers and committee members (unknown)
  • Massachusetts-based Re-Solutions discloses data breach months after discovering it (2,088)
  • Arizona Medicaid agency sends IRS forms to the wrong addresses (3,100)
  • Dozens of organisations inadvertently leak sensitive information in storage account snafu (unknown)
  • BambooHR discloses data breach affecting TraxPayroll (5)
  • New Zealand-based Kathmandu Holdings investigates data breach (unknown)
  • Chinese e-commerce giant Gearbest exposes customer information (1.5 million)
  • Singapore blood donors’ personal details were publicly available for months(800,000)
  • Legal documents leaked from US court cases (250,000)
  • Publishing firm Elsevier left users’ passwords on publicly available server(unknown)
  • Potentially massive breach as California-based Meditab leaks patients’ medical records (unknown)
  • Canada’s largest medical marijuana referral agency discloses data breach(unknown)
  • New Jersey-based Home Health Radiology Services leaked case files (37,000)
  • Pennsylvania-based ZOLL Medical Corporation notifies patients of third-party data breach (277,319)
  • New Orleans-based Hartwig Insurance Agency discloses data breach (1,100)
  • Spanish gym franchise database exposed by third party (6,608)
  • Utter Zuck-up: 600 million passwords exposed in Facebook data breach (600 million)
  • Oregon Department of Human Services hit by phishing scam (350,000)
  • Duluth-based Human Development Center notifies patients of data breach(unknown)
  • FEMA leaks personal information of disaster victims (2.3 million)
  • Family Locator app was leaking the real-time location of its users (238,000)
  • Free movie-streaming site Kanopy leaks users’ viewing habits (unknown)
  • Ohio dental insurance carrier discloses data breach (unknown)
  • Verity Medical Foundation discloses third data breach this year (14,000)
  • Students concerned by St Louis Community College data breach (4,000)
  • Researchers at Israeli cyber security firm find serious breaches in Android apps(unknown)
  • Health records breached at hospital in Nanaimo, Canada (102)
  • Financial information
  • Pakistani financial institutions implicated in historical data breach (400,000)
  • University of Waterloo accidentally publishes students’ names, addresses and bank details on mailing list (2,000)
  • Employees at Alabama recycling centre find box of personal records, tax information (unknown)
  • Counsellor at Connecticut-based substance abuse centre stole patient details to pay for cable, Internet (unknown)
  • Malicious insiders and miscellaneous incidents
  • Oklahoma Heart Hospital notifies patients after thieves steal computers from clinic (1,221)
  • Hawkesbury General Hospital worker fired for unauthorised access of patient data (unknown)
  • Renowned cyber criminal puts latest batch of personal records for sale on dark web (26.4 million)
  • Fired IT guy gets revenge by annihilating his ex-employer’s AWS servers(unknown)
  • US government warns that medical equipment can be hijacked by cyber criminals (unknown)
  • Airline e-ticket system vulnerabilities could compromise personal data(unknown)
  • In other news…
  • Michigan high school students hack systems to change grades, attendance(unknown)
  • New Jersey teens hack systems, fail to change grades (unknown)
  • Former Bradenton, FL, police sergeant used official records to gather information on women, ask them for dates and sex (150)
  • 13-year-old accused of hacking teacher’s account, threating to “shoot up” students’ houses (61)
  • Man paid hacker to get nude photos from University of Central Florida student’s Snapchat account (1)

Actual links to individual topics in source Source: https://itblogr.com/data-breaches-and-cyber-attack-in-march-2019/


Crypto Currency Wallets: 101

So you are ready to buy your first crypto. Wondering how to store your coins? With so many crypto wallets out there it can be very tricky to decide where exactly to keep your digital currency, right? But here we are – an incredibly friendly Stealthex team – to guide and help you realize which type of wallet is just right for you.

Let’s start with some basics. What is a cryptocurrency wallet? In simple terms, it is a kind of a digital equivalent of a bank account that allows you to store, send and receive digital coins. The main feature is that crypto wallets have two important components: a public key and a private key. The public key is a wallet address to which anyone can send you coins. The private key is both a login and a password used to access your currency.

The other feature of crypto wallets is the fact that they don’t actually store currency in any physical form. And when someone sends you crypto, they are essentially signing off ownership of their coins to the address of your wallet. The transaction is confirmed by a record on the blockchain and a change in a balance in your crypto wallet.

There are different classifications of wallets. Let’s go through the main types and features of digital wallets.

1. Classification by type of access to the wallet:

  • Hot wallets. These ones have access to the Internet and a blockchain in particular. They are considered ‘hot’ because of the greater ability for activity and accessibility. Just like cash in your pocket.

Pros: can help you make transactions in the blink of an eye, user-friendly.

Cons: security risks.

  • Cold wallets. These are stored offline most of the time. Cold wallets are some kind of a safe where you can store a great number of digital coins for a long time.

Pros: high level of security.

Cons: not easy to access, low speed.

2. Classification by wallet’s “weight”:

  • Heavy wallets. Require downloading the entire blockchain, which will later be stored on a computer occupying a significant place on your hard disk.

Pros: no risks of transferring personal information over the network.

Cons: risk of getting a virus on your computer, usage inconvenience.

  • Light wallets. These ones access the blockchain via third-party services and therefore do not require downloading and storing the entire blockchain on a computer.

Pros: independence – you can choose which service to use, very easy to handle.

Cons: risk of hackers attack.

3. Classification by the ways of private key storage:

  • Desktop wallets. These are downloaded and installed on your computer which gives you some security as you are unable to access this wallet from anywhere else aside from the actual desktop.

Pros: good security level, convenience, a great choice of wallets, free downloads.

Cons: risk of computer viruses and hacker attacks.

Examples: Exodus, Bitcoin Core.

  • Mobile wallets. Run as an app on your phone, storing your private keys and allowing you to make transactions directly from your phone.

Pros: simple, very handy, free downloads.

Cons: risk of hacking, losing or damaging your phone which will lead to problems with access to your crypto.

Examples: Xapo, Coinomi.

  • Online wallets. These run on a cloud service owned by a third party. In this case, the private keys are located on remote servers. This type of wallet allows users not only to open several addresses for different cryptocurrencies but also to trade on exchanges, estimate commissions using the built-in calculator and so on.

Pros: easy to use, able to work with multiple cryptocurrencies, high transaction speed.

Cons: security risks, additional expenses such a commission to the service.

Examples: HolyTransaction, Coinbase.

  • Hardware wallets. The transactions are made online, but the private key is stored offline on a USB stick or a specially designed piece of hardware. These wallets can be considered as cold wallets until they are offline.

Pros: very high level of security, easy to set up and use.

Cons: expensive ($150-200), inconvenient if you need fast access to your coins.

Examples:  KeepKey, Trezor.

  • Paper wallets. A unique storage option representing a printed QR-code containing a public address and a private key. It is a super cold wallet. Great option for long-term storage for those who do not trust gadgetry.

Pros: highest level of security.

Cons:  risk of destruction or loss of paper that contains wallet info, totally not for beginners.

Example: bitaddress.org.

As you can see there is no such thing as the best crypto wallet. The right wallet for you will be the one that matches your needs and the purpose of your cryptocurrency savings.

If you have any questions or comments, please hit us up in the comments below.

Follow us on Medium, Twitter, Facebook, and Reddit to getStealthex.io updates and the latest news about the crypto world. For all requests message us at support@stealthex.io.



Crypto Currency Wallets: 101

So you are ready to buy your first crypto. Wondering how to store your coins? With so many crypto wallets out there it can be very tricky to decide where exactly to keep your digital currency, right? But here we are – an incredibly friendly Stealthex team – to guide and help you realize which type of wallet is just right for you.

Let’s start with some basics. What is a cryptocurrency wallet? In simple terms, it is a kind of a digital equivalent of a bank account that allows you to store, send and receive digital coins. The main feature is that crypto wallets have two important components: a public key and a private key. The public key is a wallet address to which anyone can send you coins. The private key is both a login and a password used to access your currency.

The other feature of crypto wallets is the fact that they don’t actually store currency in any physical form. And when someone sends you crypto, they are essentially signing off ownership of their coins to the address of your wallet. The transaction is confirmed by a record on the blockchain and a change in a balance in your crypto wallet.

There are different classifications of wallets. Let’s go through the main types and features of digital wallets.

1. Classification by type of access to the wallet:

  • Hot wallets. These ones have access to the Internet and a blockchain in particular. They are considered ‘hot’ because of the greater ability for activity and accessibility. Just like cash in your pocket.

Pros: can help you make transactions in the blink of an eye, user-friendly.

Cons: security risks.

  • Cold wallets. These are stored offline most of the time. Cold wallets are some kind of a safe where you can store a great number of digital coins for a long time.

Pros: high level of security.

Cons: not easy to access, low speed.

2. Classification by wallet’s “weight”:

  • Heavy wallets. Require downloading the entire blockchain, which will later be stored on a computer occupying a significant place on your hard disk.

Pros: no risks of transferring personal information over the network.

Cons: risk of getting a virus on your computer, usage inconvenience.

  • Light wallets. These ones access the blockchain via third-party services and therefore do not require downloading and storing the entire blockchain on a computer.

Pros: independence – you can choose which service to use, very easy to handle.

Cons: risk of hackers attack.

3. Classification by the ways of private key storage:

  • Desktop wallets. These are downloaded and installed on your computer which gives you some security as you are unable to access this wallet from anywhere else aside from the actual desktop.

Pros: good security level, convenience, a great choice of wallets, free downloads.

Cons: risk of computer viruses and hacker attacks.

Examples: Exodus, Bitcoin Core.

  • Mobile wallets. Run as an app on your phone, storing your private keys and allowing you to make transactions directly from your phone.

Pros: simple, very handy, free downloads.

Cons: risk of hacking, losing or damaging your phone which will lead to problems with access to your crypto.

Examples: Xapo, Coinomi.

  • Online wallets. These run on a cloud service owned by a third party. In this case, the private keys are located on remote servers. This type of wallet allows users not only to open several addresses for different cryptocurrencies but also to trade on exchanges, estimate commissions using the built-in calculator and so on.

Pros: easy to use, able to work with multiple cryptocurrencies, high transaction speed.

Cons: security risks, additional expenses such a commission to the service.

Examples: HolyTransaction, Coinbase.

  • Hardware wallets. The transactions are made online, but the private key is stored offline on a USB stick or a specially designed piece of hardware. These wallets can be considered as cold wallets until they are offline.

Pros: very high level of security, easy to set up and use.

Cons: expensive ($150-200), inconvenient if you need fast access to your coins.

Examples:  KeepKey, Trezor.

  • Paper wallets. A unique storage option representing a printed QR-code containing a public address and a private key. It is a super cold wallet. Great option for long-term storage for those who do not trust gadgetry.

Pros: highest level of security.

Cons:  risk of destruction or loss of paper that contains wallet info, totally not for beginners.

Example: bitaddress.org.

As you can see there is no such thing as the best crypto wallet. The right wallet for you will be the one that matches your needs and the purpose of your cryptocurrency savings.

If you have any questions or comments, please hit us up in the comments below.

Follow us on Medium, Twitter, Facebook, and Reddit to getStealthex.io updates and the latest news about the crypto world. For all requests message us at support@stealthex.io.



[Daily Discussion] Wednesday, April 03, 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:


Crypto Currency Wallets: 101

So you are ready to buy your first crypto. Wondering how to store your coins? With so many crypto wallets out there it can be very tricky to decide where exactly to keep your digital currency, right? But here we are – an incredibly friendly Stealthex team – to guide and help you realize which type of wallet is just right for you.

Let’s start with some basics. What is a cryptocurrency wallet? In simple terms, it is a kind of a digital equivalent of a bank account that allows you to store, send and receive digital coins. The main feature is that crypto wallets have two important components: a public key and a private key. The public key is a wallet address to which anyone can send you coins. The private key is both a login and a password used to access your currency.

The other feature of crypto wallets is the fact that they don’t actually store currency in any physical form. And when someone sends you crypto, they are essentially signing off ownership of their coins to the address of your wallet. The transaction is confirmed by a record on the blockchain and a change in a balance in your crypto wallet.

There are different classifications of wallets. Let’s go through the main types and features of digital wallets.

1. Classification by type of access to the wallet:

  • Hot wallets. These ones have access to the Internet and a blockchain in particular. They are considered ‘hot’ because of the greater ability for activity and accessibility. Just like cash in your pocket.

Pros: can help you make transactions in the blink of an eye, user-friendly.

Cons: security risks.

  • Cold wallets. These are stored offline most of the time. Cold wallets are some kind of a safe where you can store a great number of digital coins for a long time.

Pros: high level of security.

Cons: not easy to access, low speed.

2. Classification by wallet’s “weight”:

  • Heavy wallets. Require downloading the entire blockchain, which will later be stored on a computer occupying a significant place on your hard disk.

Pros: no risks of transferring personal information over the network.

Cons: risk of getting a virus on your computer, usage inconvenience.

  • Light wallets. These ones access the blockchain via third-party services and therefore do not require downloading and storing the entire blockchain on a computer.

Pros: independence – you can choose which service to use, very easy to handle.

Cons: risk of hackers attack.

3. Classification by the ways of private key storage:

  • Desktop wallets. These are downloaded and installed on your computer which gives you some security as you are unable to access this wallet from anywhere else aside from the actual desktop.

Pros: good security level, convenience, a great choice of wallets, free downloads.

Cons: risk of computer viruses and hacker attacks.

Examples: Exodus, Bitcoin Core.

  • Mobile wallets. Run as an app on your phone, storing your private keys and allowing you to make transactions directly from your phone.

Pros: simple, very handy, free downloads.

Cons: risk of hacking, losing or damaging your phone which will lead to problems with access to your crypto.

Examples: Xapo, Coinomi.

  • Online wallets. These run on a cloud service owned by a third party. In this case, the private keys are located on remote servers. This type of wallet allows users not only to open several addresses for different cryptocurrencies but also to trade on exchanges, estimate commissions using the built-in calculator and so on.

Pros: easy to use, able to work with multiple cryptocurrencies, high transaction speed.

Cons: security risks, additional expenses such a commission to the service.

Examples: HolyTransaction, Coinbase.

  • Hardware wallets. The transactions are made online, but the private key is stored offline on a USB stick or a specially designed piece of hardware. These wallets can be considered as cold wallets until they are offline.

Pros: very high level of security, easy to set up and use.

Cons: expensive ($150-200), inconvenient if you need fast access to your coins.

Examples:  KeepKey, Trezor.

  • Paper wallets. A unique storage option representing a printed QR-code containing a public address and a private key. It is a super cold wallet. Great option for long-term storage for those who do not trust gadgetry.

Pros: highest level of security.

Cons:  risk of destruction or loss of paper that contains wallet info, totally not for beginners.

Example: bitaddress.org.

As you can see there is no such thing as the best crypto wallet. The right wallet for you will be the one that matches your needs and the purpose of your cryptocurrency savings.

If you have any questions or comments, please hit us up in the comments below.

Follow us on Medium, Twitter, Facebook, and Reddit to getStealthex.io updates and the latest news about the crypto world. For all requests message us at support@stealthex.io.



Crypto Currency Wallets: 101

So you are ready to buy your first crypto. Wondering how to store your coins? With so many crypto wallets out there it can be very tricky to decide where exactly to keep your digital currency, right? But here we are – an incredibly friendly Stealthex team – to guide and help you realize which type of wallet is just right for you.

Let’s start with some basics. What is a cryptocurrency wallet? In simple terms, it is a kind of a digital equivalent of a bank account that allows you to store, send and receive digital coins. The main feature is that crypto wallets have two important components: a public key and a private key. The public key is a wallet address to which anyone can send you coins. The private key is both a login and a password used to access your currency.

The other feature of crypto wallets is the fact that they don’t actually store currency in any physical form. And when someone sends you crypto, they are essentially signing off ownership of their coins to the address of your wallet. The transaction is confirmed by a record on the blockchain and a change in a balance in your crypto wallet.

There are different classifications of wallets. Let’s go through the main types and features of digital wallets.

1. Classification by type of access to the wallet:

  • Hot wallets. These ones have access to the Internet and a blockchain in particular. They are considered ‘hot’ because of the greater ability for activity and accessibility. Just like cash in your pocket.

Pros: can help you make transactions in the blink of an eye, user-friendly.

Cons: security risks.

  • Cold wallets. These are stored offline most of the time. Cold wallets are some kind of a safe where you can store a great number of digital coins for a long time.

Pros: high level of security.

Cons: not easy to access, low speed.

2. Classification by wallet’s “weight”:

  • Heavy wallets. Require downloading the entire blockchain, which will later be stored on a computer occupying a significant place on your hard disk.

Pros: no risks of transferring personal information over the network.

Cons: risk of getting a virus on your computer, usage inconvenience.

  • Light wallets. These ones access the blockchain via third-party services and therefore do not require downloading and storing the entire blockchain on a computer.

Pros: independence – you can choose which service to use, very easy to handle.

Cons: risk of hackers attack.

3. Classification by the ways of private key storage:

  • Desktop wallets. These are downloaded and installed on your computer which gives you some security as you are unable to access this wallet from anywhere else aside from the actual desktop.

Pros: good security level, convenience, a great choice of wallets, free downloads.

Cons: risk of computer viruses and hacker attacks.

Examples: Exodus, Bitcoin Core.

  • Mobile wallets. Run as an app on your phone, storing your private keys and allowing you to make transactions directly from your phone.

Pros: simple, very handy, free downloads.

Cons: risk of hacking, losing or damaging your phone which will lead to problems with access to your crypto.

Examples: Xapo, Coinomi.

  • Online wallets. These run on a cloud service owned by a third party. In this case, the private keys are located on remote servers. This type of wallet allows users not only to open several addresses for different cryptocurrencies but also to trade on exchanges, estimate commissions using the built-in calculator and so on.

Pros: easy to use, able to work with multiple cryptocurrencies, high transaction speed.

Cons: security risks, additional expenses such a commission to the service.

Examples: HolyTransaction, Coinbase.

  • Hardware wallets. The transactions are made online, but the private key is stored offline on a USB stick or a specially designed piece of hardware. These wallets can be considered as cold wallets until they are offline.

Pros: very high level of security, easy to set up and use.

Cons: expensive ($150-200), inconvenient if you need fast access to your coins.

Examples:  KeepKey, Trezor.

  • Paper wallets. A unique storage option representing a printed QR-code containing a public address and a private key. It is a super cold wallet. Great option for long-term storage for those who do not trust gadgetry.

Pros: highest level of security.

Cons:  risk of destruction or loss of paper that contains wallet info, totally not for beginners.

Example: bitaddress.org.

As you can see there is no such thing as the best crypto wallet. The right wallet for you will be the one that matches your needs and the purpose of your cryptocurrency savings.

If you have any questions or comments, please hit us up in the comments below.

Follow us on Medium, Twitter, Facebook, and Reddit to getStealthex.io updates and the latest news about the crypto world. For all requests message us at support@stealthex.io.



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Crypto Currency Wallets: 101

So you are ready to buy your first crypto. Wondering how to store your coins? With so many crypto wallets out there it can be very tricky to decide where exactly to keep your digital currency, right? But here we are – an incredibly friendly Stealthex team – to guide and help you realize which type of wallet is just right for you.

Let’s start with some basics. What is a cryptocurrency wallet? In simple terms, it is a kind of a digital equivalent of a bank account that allows you to store, send and receive digital coins. The main feature is that crypto wallets have two important components: a public key and a private key. The public key is a wallet address to which anyone can send you coins. The private key is both a login and a password used to access your currency.

The other feature of crypto wallets is the fact that they don’t actually store currency in any physical form. And when someone sends you crypto, they are essentially signing off ownership of their coins to the address of your wallet. The transaction is confirmed by a record on the blockchain and a change in a balance in your crypto wallet.

There are different classifications of wallets. Let’s go through the main types and features of digital wallets.

1. Classification by type of access to the wallet:

  • Hot wallets. These ones have access to the Internet and a blockchain in particular. They are considered ‘hot’ because of the greater ability for activity and accessibility. Just like cash in your pocket.

Pros: can help you make transactions in the blink of an eye, user-friendly.

Cons: security risks.

  • Cold wallets. These are stored offline most of the time. Cold wallets are some kind of a safe where you can store a great number of digital coins for a long time.

Pros: high level of security.

Cons: not easy to access, low speed.

2. Classification by wallet’s “weight”:

  • Heavy wallets. Require downloading the entire blockchain, which will later be stored on a computer occupying a significant place on your hard disk.

Pros: no risks of transferring personal information over the network.

Cons: risk of getting a virus on your computer, usage inconvenience.

  • Light wallets. These ones access the blockchain via third-party services and therefore do not require downloading and storing the entire blockchain on a computer.

Pros: independence – you can choose which service to use, very easy to handle.

Cons: risk of hackers attack.

3. Classification by the ways of private key storage:

  • Desktop wallets. These are downloaded and installed on your computer which gives you some security as you are unable to access this wallet from anywhere else aside from the actual desktop.

Pros: good security level, convenience, a great choice of wallets, free downloads.

Cons: risk of computer viruses and hacker attacks.

Examples: Exodus, Bitcoin Core.

  • Mobile wallets. Run as an app on your phone, storing your private keys and allowing you to make transactions directly from your phone.

Pros: simple, very handy, free downloads.

Cons: risk of hacking, losing or damaging your phone which will lead to problems with access to your crypto.

Examples: Xapo, Coinomi.

  • Online wallets. These run on a cloud service owned by a third party. In this case, the private keys are located on remote servers. This type of wallet allows users not only to open several addresses for different cryptocurrencies but also to trade on exchanges, estimate commissions using the built-in calculator and so on.

Pros: easy to use, able to work with multiple cryptocurrencies, high transaction speed.

Cons: security risks, additional expenses such a commission to the service.

Examples: HolyTransaction, Coinbase.

  • Hardware wallets. The transactions are made online, but the private key is stored offline on a USB stick or a specially designed piece of hardware. These wallets can be considered as cold wallets until they are offline.

Pros: very high level of security, easy to set up and use.

Cons: expensive ($150-200), inconvenient if you need fast access to your coins.

Examples:  KeepKey, Trezor.

  • Paper wallets. A unique storage option representing a printed QR-code containing a public address and a private key. It is a super cold wallet. Great option for long-term storage for those who do not trust gadgetry.

Pros: highest level of security.

Cons:  risk of destruction or loss of paper that contains wallet info, totally not for beginners.

Example: bitaddress.org.

As you can see there is no such thing as the best crypto wallet. The right wallet for you will be the one that matches your needs and the purpose of your cryptocurrency savings.

If you have any questions or comments, please hit us up in the comments below.

Follow us on Medium, Twitter, Facebook, and Reddit to getStealthex.io updates and the latest news about the crypto world. For all requests message us at support@stealthex.io.