Sunday, May 26, 2019

[Daily Discussion] Monday, May 27, 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, May 27, 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, May 27, 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, May 27, 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:


💥

What Is USDQ and Q DAO? Complete Guide from PLATINUM ENGINEERING

Mihaill Kudryashev, a Front-end engineer at PLATINUM ENGINEERING, wrote this article while seeking to raise awareness about USDQ, a stablecoin his team is helping to develop. Among the biggest benefits, USDQ brings full decentralization and predictive capabilities. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under Q DAO governance. Slowly learning more about blockchains, Mihail has been effective in transforming vague ideas into effective front-end solutions with strong UI/UX. Within his team, he’s helped many crypto startups to make their voice heard throughout the emerging global crypto community. In this article, Mihail looks into the key benefits that users win from using USDQ.

USDQ brings stability, with no need to engage legacy finance

How do USDQ and Q DAO coins work within the ecosystem?

USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. It's backed by Bitcoin (another top 10 cryptocurrencies will be added in future). The elegant system places all transactions on the blockchain and empower users to execute cross-border and disintermediated transactions at any time and from any place. It's pegged to the value of USD, i.e. 1 USDQ always equals 1 USD. The ecosystem's design borrows heavily from fractional banking systems. In the nutshell, USDQ is a customer-facing stablecoin and Q DAO is an internal "operational" coin; together they help create a stabilized safe haven for anybody who's looking to hedge against rampant volatility of crypto markets.

Introduction to Q DAO and USDQ

There's a number of factors that prevent mass adoption of cryptocurrencies. The biggest factor among this is high volatility, seen in crypto. Bitcoin, the oldest and most popular coin, has been fluctuating with prices oscillating between 20,000 and 3,500 in just one year of 2018. No potential adopters, be it merchants or individuals, would be happy with suffering huge losses that such drastic changes can entail. And it's this high volatility that USDQ is set to address, bringing stability and convenience.

Tether (USDT) is probably the most well-known and widely used stablecoin. However, it has been embroiled in various controversies from the very start with no end to these in sight. Although the system is supposed to assure the 1-to-1 fiat reserves for all Tether units created, the website content has been recently changed to say that the issuer views not only cash in the bank, but also various loans to other companies, as the reserves. Both regulators and crypto enthusiasts have voiced concerns, which might bode ill for Tether in the months to come.

USDQ works differently. Here, the stablecoin is pegged to US Dollar and backed by Bitcoin (+top 10 other cryptocurrencies in future).  It's similar to lending operations and fractional banking systems. Overcollateralization is used to mitigate potential unexpected changes in assets prices. The USDQ ecosystem is highly transparent as all of the operations are recorded on the immutable Ethereum blockchain, open to review by anybody and at any time. The smart contracts bring automation to business processes and eliminate the need for middlemen to assure trust and prevent abuse.

In order to determine how viable USDQ will be in the future, we need to discuss the two tokens used within the ecosystem.

Review of Q DAO and USDQ

Q DAO is governance token, entitles holders to participate in voting for new decisions. Importantly, holders are interested seeing Q DAO's prices growing and thus they are incentivized to thoroughly review proposals and deliver the best decisions. In this way, Q DAO imbues higher democracy and decentralization, on which many current crypto projects lag.

In addition, all the fees, charged for the system use, can be paid only in Q DAO.

In order to create USDQ, a user needs to transfer Bitcoins into a Collateralized Debt Contract (CDC). This will automatically trigger the smart contract to generate USDQ and send it to the user. In order to change USDQ back into crypto assets, users need to pay back the amount of USDQ they input and the fees, chargeable in Q DAO Tokens. Whenever this is done, USDQ is automatically destroyed and the Collateralized Debt Сontract is closed.

In addition by getting USDQ directly at the company's website, users can trade in USDQ on secondary markets. It's as easy as trading Bitcoin or Ethereum or any other coin.

Traders can store both coins in their wallets, assuring higher security. The stability and ease of use for USDQ open up wide ranges of adoption for both businesses and end consumers alike.

What makes USDQ stand apart

The main difference between projects like Tether and USDQ is complete transparency and openness in the inner workings of USDQ. All the data is easily accessible on the blockchain and there are no rumors or controversies as to the reserves held by the team, potential conflicts of interest or hidden agendas.

The CDС mechanics ensure that it's impossible to create fake units of USDQ, as smart contract can be activated only after an amount in Bitcoins is input. The development is being done completely transparent. Interested parties can review the smart contract, presented on the website. The audits and peer reviews were carried out to assure the highest quality of smart contract. The website-based scanner enables to track all the data about each and every transaction, including time, amount and collateral size.

In addition, should a "black swan" event occur, i.e. a drastic fall in Bitcoin prices, Q DAO is sold on secondary markets. Bitcoin value is liquidated to make a USDQ buyback procedure, which prevents any losses on the part of the system's users.

Additionally, PLATINUM BLOCKCHAIN ENGINEERING which is helping to develop the ecosystem is working hard to build up long-term partnerships with stakeholders in the crypto industry. The more liaisons the team wins, the better outlook for USDQ will be.

Why do we need stablecoins anyway?

Different assets produce varying levels of volatility in prices, when compared to each other. For instance, the purchasing capacity of US dollar has reduced over time with 1 USD from 1913 equaling 24 USD today (2019). This happens due to inflation 3-10% per year. In comparison, Bitcoin almost tripled in value in 2018 and then fell down by as much. Thus, fiat currencies are more stable, when compared to cryptocurrencies.

Stablecoins don't attempt to fight inflation. Instead, coins like Tether and USDQ peg themselves to US dollar, bringing relatively higher stability to crypto trading communities. One of the most famous transactions with Bitcoin is when a pizza was bought with Bitcoin back in 2010. At that time, the pizza ended up costing just a couple of bucks, but today it costs millions. Although stablecoins continue to be impacted by inflation and exchange rates that come to them from fiats they peg themselves to, they are nowhere near the mindboggingly high volatility of crypto assets.

One of the major use cases for stablecoins like USDQ is concluding long-term contracts. For instance, when using a popular decentralized platform Augur, users can bet on the price of oil in 5-10 years. The problem is that you won't only have to account for future changes in oil prices, but also for prices in Ethereum or Bitcoin that you use to make the bet. USDQ solves this problem elegantly and without much trouble. Using it, users don't have to consider future changes in Bitcoin prices and they can concentrate on what they've come here for - betting on future events. And they don’t have to worry about technical details as it’s easy to purchase USDQ and use for trader’s purposes.

Betting industry is just one of the many use cases, where USDQ can bring benefits. It can be successfully used for any transactions done across borders and long-term financial contracts. Virtually, USDQ opens up new opportunities any time value is exchanged and volatility has a negative effect.

Bottom Line

USDQ has a high potential to democratise transactions between companies and individuals globally, bringing fast execution and low volatility. The "PLATINUM BLOCKCHAIN ENGINEERING" is working hard to enable and improve various features in order to help USDQ to take leading positions on crypto markets.

Here are the main ecosystem’s features:

The system uses two tokens (USDQ and Q DAO) in order to tackle volatility, while staying on the blockchain.

USDQ is always pegged to USD 1:1. In order to come into line with as many national exchanges as possible and enter other markets, the company will issue other tokens pegged to the national currencies. For example, there will be CNYQ (for Chinese Yuan), KRWQ (for South Korean Won), as well as JPYQ (for Japanese Yen) at the early stage.

USDQ brings higher decentralization, driving this important vector in the development of crypto industry.

Q DAO holders are interested in seeing the coin grow and succeed, thus they will work hard to review and pick the best proposals for the system to move forward.

Taking into account these beneficial features, there's no question that USDQ will become a viable alternative to other fiat-backed cryptocurrencies like TUSD, USDT, GUSD, USDC etc. Competing with other stablecoins, both already operating and just being developed,  PLATINUM ENGINEERING will roll out the new features and underlying tech solutions that'll help propel the coin.

USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. Fully on-chain and monitored by high-speed AI robots, ecosystem offers reliable defences against malicious acts and attacks. First run in line of fiat-pegs, USDQ is brought by PLATINUM ENGINEERING Team, looking to edge together innovative solutions in collateralization, using stabilizing mechanisms for high-endurance stablecoins. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under USDQ brand. Fully anonymous, USDQ breaks limits out of this legacy world.

PLATINUM ENGINEERING values your opinion and welcomes you to continue the conversation on Telegram or Facebook, where the company’s development team is always ready to help you find solutions to pressing issues. Working on projects like USDQ, Michael has gained an invaluable suite of skills and insights, enabling to roll out high-usability UI/UX with tight deadlines and lack of clear expectations as to user behaviors. The team has successfully produced white-label wallets, stand-alone fundraising platforms, as well as integrated fundraising ecosystems. Any startup looking for a reliable partner to help execute a success-story will win from a free consultation with the PLATINUM ENGINEERING team about potential solutions to their needs and issues.

This overview may not be fully exhaustive and does not assess the viability of any project, nor its team legitimacy. Readers should conduct their own due diligence before using or investing in any of the listed Stablecoins. This article represents the author’s opinions only and should not be considered investment advice. All described functionality in the article is still under development, it can be changed/processed. Please follow the updates.



💥

What Is USDQ and Q DAO? Complete Guide from PLATINUM ENGINEERING

Mihaill Kudryashev, a Front-end engineer at PLATINUM ENGINEERING, wrote this article while seeking to raise awareness about USDQ, a stablecoin his team is helping to develop. Among the biggest benefits, USDQ brings full decentralization and predictive capabilities. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under Q DAO governance. Slowly learning more about blockchains, Mihail has been effective in transforming vague ideas into effective front-end solutions with strong UI/UX. Within his team, he’s helped many crypto startups to make their voice heard throughout the emerging global crypto community. In this article, Mihail looks into the key benefits that users win from using USDQ.

USDQ brings stability, with no need to engage legacy finance

How do USDQ and Q DAO coins work within the ecosystem?

USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. It's backed by Bitcoin (another top 10 cryptocurrencies will be added in future). The elegant system places all transactions on the blockchain and empower users to execute cross-border and disintermediated transactions at any time and from any place. It's pegged to the value of USD, i.e. 1 USDQ always equals 1 USD. The ecosystem's design borrows heavily from fractional banking systems. In the nutshell, USDQ is a customer-facing stablecoin and Q DAO is an internal "operational" coin; together they help create a stabilized safe haven for anybody who's looking to hedge against rampant volatility of crypto markets.

Introduction to Q DAO and USDQ

There's a number of factors that prevent mass adoption of cryptocurrencies. The biggest factor among this is high volatility, seen in crypto. Bitcoin, the oldest and most popular coin, has been fluctuating with prices oscillating between 20,000 and 3,500 in just one year of 2018. No potential adopters, be it merchants or individuals, would be happy with suffering huge losses that such drastic changes can entail. And it's this high volatility that USDQ is set to address, bringing stability and convenience.

Tether (USDT) is probably the most well-known and widely used stablecoin. However, it has been embroiled in various controversies from the very start with no end to these in sight. Although the system is supposed to assure the 1-to-1 fiat reserves for all Tether units created, the website content has been recently changed to say that the issuer views not only cash in the bank, but also various loans to other companies, as the reserves. Both regulators and crypto enthusiasts have voiced concerns, which might bode ill for Tether in the months to come.

USDQ works differently. Here, the stablecoin is pegged to US Dollar and backed by Bitcoin (+top 10 other cryptocurrencies in future).  It's similar to lending operations and fractional banking systems. Overcollateralization is used to mitigate potential unexpected changes in assets prices. The USDQ ecosystem is highly transparent as all of the operations are recorded on the immutable Ethereum blockchain, open to review by anybody and at any time. The smart contracts bring automation to business processes and eliminate the need for middlemen to assure trust and prevent abuse.

In order to determine how viable USDQ will be in the future, we need to discuss the two tokens used within the ecosystem.

Review of Q DAO and USDQ

Q DAO is governance token, entitles holders to participate in voting for new decisions. Importantly, holders are interested seeing Q DAO's prices growing and thus they are incentivized to thoroughly review proposals and deliver the best decisions. In this way, Q DAO imbues higher democracy and decentralization, on which many current crypto projects lag.

In addition, all the fees, charged for the system use, can be paid only in Q DAO.

In order to create USDQ, a user needs to transfer Bitcoins into a Collateralized Debt Contract (CDC). This will automatically trigger the smart contract to generate USDQ and send it to the user. In order to change USDQ back into crypto assets, users need to pay back the amount of USDQ they input and the fees, chargeable in Q DAO Tokens. Whenever this is done, USDQ is automatically destroyed and the Collateralized Debt Сontract is closed.

In addition by getting USDQ directly at the company's website, users can trade in USDQ on secondary markets. It's as easy as trading Bitcoin or Ethereum or any other coin.

Traders can store both coins in their wallets, assuring higher security. The stability and ease of use for USDQ open up wide ranges of adoption for both businesses and end consumers alike.

What makes USDQ stand apart

The main difference between projects like Tether and USDQ is complete transparency and openness in the inner workings of USDQ. All the data is easily accessible on the blockchain and there are no rumors or controversies as to the reserves held by the team, potential conflicts of interest or hidden agendas.

The CDС mechanics ensure that it's impossible to create fake units of USDQ, as smart contract can be activated only after an amount in Bitcoins is input. The development is being done completely transparent. Interested parties can review the smart contract, presented on the website. The audits and peer reviews were carried out to assure the highest quality of smart contract. The website-based scanner enables to track all the data about each and every transaction, including time, amount and collateral size.

In addition, should a "black swan" event occur, i.e. a drastic fall in Bitcoin prices, Q DAO is sold on secondary markets. Bitcoin value is liquidated to make a USDQ buyback procedure, which prevents any losses on the part of the system's users.

Additionally, PLATINUM BLOCKCHAIN ENGINEERING which is helping to develop the ecosystem is working hard to build up long-term partnerships with stakeholders in the crypto industry. The more liaisons the team wins, the better outlook for USDQ will be.

Why do we need stablecoins anyway?

Different assets produce varying levels of volatility in prices, when compared to each other. For instance, the purchasing capacity of US dollar has reduced over time with 1 USD from 1913 equaling 24 USD today (2019). This happens due to inflation 3-10% per year. In comparison, Bitcoin almost tripled in value in 2018 and then fell down by as much. Thus, fiat currencies are more stable, when compared to cryptocurrencies.

Stablecoins don't attempt to fight inflation. Instead, coins like Tether and USDQ peg themselves to US dollar, bringing relatively higher stability to crypto trading communities. One of the most famous transactions with Bitcoin is when a pizza was bought with Bitcoin back in 2010. At that time, the pizza ended up costing just a couple of bucks, but today it costs millions. Although stablecoins continue to be impacted by inflation and exchange rates that come to them from fiats they peg themselves to, they are nowhere near the mindboggingly high volatility of crypto assets.

One of the major use cases for stablecoins like USDQ is concluding long-term contracts. For instance, when using a popular decentralized platform Augur, users can bet on the price of oil in 5-10 years. The problem is that you won't only have to account for future changes in oil prices, but also for prices in Ethereum or Bitcoin that you use to make the bet. USDQ solves this problem elegantly and without much trouble. Using it, users don't have to consider future changes in Bitcoin prices and they can concentrate on what they've come here for - betting on future events. And they don’t have to worry about technical details as it’s easy to purchase USDQ and use for trader’s purposes.

Betting industry is just one of the many use cases, where USDQ can bring benefits. It can be successfully used for any transactions done across borders and long-term financial contracts. Virtually, USDQ opens up new opportunities any time value is exchanged and volatility has a negative effect.

Bottom Line

USDQ has a high potential to democratise transactions between companies and individuals globally, bringing fast execution and low volatility. The "PLATINUM BLOCKCHAIN ENGINEERING" is working hard to enable and improve various features in order to help USDQ to take leading positions on crypto markets.

Here are the main ecosystem’s features:

The system uses two tokens (USDQ and Q DAO) in order to tackle volatility, while staying on the blockchain.

USDQ is always pegged to USD 1:1. In order to come into line with as many national exchanges as possible and enter other markets, the company will issue other tokens pegged to the national currencies. For example, there will be CNYQ (for Chinese Yuan), KRWQ (for South Korean Won), as well as JPYQ (for Japanese Yen) at the early stage.

USDQ brings higher decentralization, driving this important vector in the development of crypto industry.

Q DAO holders are interested in seeing the coin grow and succeed, thus they will work hard to review and pick the best proposals for the system to move forward.

Taking into account these beneficial features, there's no question that USDQ will become a viable alternative to other fiat-backed cryptocurrencies like TUSD, USDT, GUSD, USDC etc. Competing with other stablecoins, both already operating and just being developed,  PLATINUM ENGINEERING will roll out the new features and underlying tech solutions that'll help propel the coin.

USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. Fully on-chain and monitored by high-speed AI robots, ecosystem offers reliable defences against malicious acts and attacks. First run in line of fiat-pegs, USDQ is brought by PLATINUM ENGINEERING Team, looking to edge together innovative solutions in collateralization, using stabilizing mechanisms for high-endurance stablecoins. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under USDQ brand. Fully anonymous, USDQ breaks limits out of this legacy world.

PLATINUM ENGINEERING values your opinion and welcomes you to continue the conversation on Telegram or Facebook, where the company’s development team is always ready to help you find solutions to pressing issues. Working on projects like USDQ, Michael has gained an invaluable suite of skills and insights, enabling to roll out high-usability UI/UX with tight deadlines and lack of clear expectations as to user behaviors. The team has successfully produced white-label wallets, stand-alone fundraising platforms, as well as integrated fundraising ecosystems. Any startup looking for a reliable partner to help execute a success-story will win from a free consultation with the PLATINUM ENGINEERING team about potential solutions to their needs and issues.

This overview may not be fully exhaustive and does not assess the viability of any project, nor its team legitimacy. Readers should conduct their own due diligence before using or investing in any of the listed Stablecoins. This article represents the author’s opinions only and should not be considered investment advice. All described functionality in the article is still under development, it can be changed/processed. Please follow the updates.


[Daily Discussion] Monday, May 27, 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, May 27, 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, May 27, 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, May 27, 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, May 26, 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:


Darknet - Agartha Market (Review 2019)

Dear Community,

Since the shutdown/seize of popular Darknet markets such as Alphabay trade route or Hansa, a number of alternatives presented themselves in the industry, Agartha is one such marketplace and that’s what this Agartha Market review is about.

The options available now, such as Empire Market or even Agartha weren’t necessarily created after the collapse of those giants, but this marketplace did exist prior to the events they just didn’t get enough of the spotlight which they enjoy now.

Note that this Agartha Market review is purely for educational purposes, any use, including legal or otherwise is completely and solely your own responsibility.

This section should get you an insight into the marketplace and all its primary features and numbers which should get you a pretty good idea of the marketplace’s capabilities before diving right into this Agartha Market review:

  • Primary URL: Only with Tor Browser
  • Registration: Mandatory.
  • Supports Escrow, Multisig, Login Phrase, and Security PIN.
  • Vendor Bond: 0.02BTC.
  • Currency: Bitcoin, Litecoin, Monero, Bitcoin Cash, Dash, and Vertcoin.
  • 136 Products available.
  • Marketplace fee: 2.5% for buyers.

Agartha Market is a registration-only marketplace meaning it can only be accessed if you register on the marketplace either as a buyer, or a vendor. No part of the platform can be accessed without registration.

The registration process, however, is completely anonymous, it asks for a username, password, a 4-digit pin, and a security phrase.

Who can Use Agartha Market? – User Interface Review

By “Who” I mean to denote the technical knowledge or computer-skills a person needs in order to be able to order such rare items such as Drugs and documents of the Dark Web.

This is what the website looks like:

Like most other Darknet Markets, they have a top-bar, a left-sidebar and then the center-screen.

The top-bar is like the Main-menu for the site, with all the important links which can be used to reach the different parts of the website, such as Profile, Wallet, Help and so on.

The left-sidebar is completely clutter-free and holds no useless information or tabs, there’s just one “Categories” section which holds all the different product categories that the marketplace offers products in.

For those who’re users of Cryptocurrencies other than Bitcoin, it also shows the price of 1 Bitcoin in context to those other Cryptocurrencies helping them judge the product-prices better.

And then it also provides the option to change the display-currency altogether, so that the prices of the products are displayed in a currency you understand (such as USD, INR, British Pound, Russian Ruble, etc).

The center screen is divided into a nice table, showing the name, price, name of the vendor, shipment source and potential destinations.

That’s just about it. My verdict? Any 5th-grade kid with a social media profile is more than qualified to understand the marketplace.

Does it Require Registrations? If yes, How Anonymous is it?

Like almost all other Darknet Markets, Agartha Market too requires registration not because it wishes to track you, but so that it can keep the orders organized, and assign it to profile and users for tracking, support, payments and everything else.

This is the registration page for the marketplace:

All of the information asked for, such as username, password, PIN, Login Phrase can and should be completely random, with absolutely no connection to your real life name, address, interests or anything else.

Hence no anonymity is breached and nothing can be tied to you. Then again, it has a strict no data storage policy, meaning vendors ought to delete all user data (such as Profile name, payment method and everything else) after a successful transaction.

The Hidden Truth about Agartha Market Products.

Being a Darknet Market, it obviously sells products which are either completely illegal or strictly controlled otherwise.

Taking a look at its product-categories it can be safely stated that it primarily is a Drug-dominated Darknet Market, although other products too are allowed as indicated by the “Digital Goods” and “Services” categories.

If the numbers shown on the left-sidebar are to be believed the marketplace would’ve exactly 136 products, but the reality doesn’t seem parallel with those numbers:

When manually checked it was found that despite showing 34 products on the left-sidebar, Cannabis only had 5 products, with the price-range for Cannabis being ฿ 0.011217 for the cheapest product and ฿ 0.420624 for the highest.

Stimulants on the left-sidebar showed 26 individual listings, but only one product in the category was actually found and it was being sold for ฿ 0.091112BTC (USD $350.00).

Then there’s Psychedelics, according to the sidebar it should get us 24 listings, but again only 4 products were found in the category with the most expensive being sold for USD $45.00 and the cheapest for USD $19.00. Pills too officially should have 13 products, but actually only accounted for 1 of them.

Dissociatives on the left-sidebar have 11 listings but in reality only 1 for USD $35.19. Then there are services, with 10 listings on the sidebar but only 5 actually being available, the highest service goes as high as USD $100,000 while the cheapest being USD $600.

Finally, there are Digital Items, these have no listings at all despite showing 5 on the sidebar.

So truth be told, out of the 136 individual listings being shown only around 17 could be actually found on the platform!

The actual numbers are obviously pretty low, considering how it’s a third-party marketplace and on top of that, it misleads users which are another reason why I’d rate it 1/5 on its products’ for this Agartha Market review.

How to Place an Order on Agartha Market?

This section would help you when it comes to placing orders on the marketplace and get an insight into how easy, or hard it is doing so.

The first step is obviously finding the product you need, either the search bar on the left-sidebar or the categories section can be used, just like searching for products on any other E-commerce website.

Once you do get to the product, simply click on it to reach the product page, this is where more details about the products are made available. Simply click on the “Buy” button.

Specify the order quantity, method of payment and shipping method wanted on the next page, and click on Proceed.

Finally, fill out the mini-form asking for your shipping information on the next page, and enter your security PIN (set during registration).

If you have sufficient funds, your order is placed instantly. If not, it would ask you to add funds. In that case, click on the “Wallets” link on the top bar > then choose the currency you wish to deposit funds for > to click on “Get new address” > send funds to this address.

Note that the minimum deposit limit is 0.0005 (currency value) for any currency you deposit, so it’s 0.0005 BTC, 0.0005 DASH, 0.0005 XMR and so on. Also, after generating a new address, users need to wait at least 7 hours before another address can be generated.

It’s pretty considerate with the currencies it accepts and the list includes Bitcoin, Ethereum, Dash, VertCoin, Monero as well as Bitcoin Cash.

Protection Against Hackers and Scams

A large part of how I judge a marketplace depends on its security features, the same holds true for this Agartha market review as well.

PGP Based 2-FA

Agartha has 2-Factor authentication when enabled it’s an additional firewall on top of the normal password. A PGP encrypted message needs to be decoded using every user’s personal, secret PGP private key in order for the account to be accessed.

Can be reached from Profile > Change Settings.

Multisig Transactions

Multisig transactions are available as well, they make it mandatory for at least 2 out of 3 parties to sign a transaction before funds can be moved, making sure no party can scam the other, without the approval of at least 1 other involved party. The three parties being The Marketplace, the Vendor and the Buyer.

Anti-Hacker and Anti-Phishing Firewalls

The security PIN is another layer of protection required before a purchase can be made, or account information changed. This makes sure even if the account is compromised, PGP keys too, funds still can’t be moved, or account can’t be locked/changed without the PIN.

The Login Phrase is a special phrase set by you stored on the Marketplace’s database and is displayed every time you log in.

Phishers may clone the marketplace layout and try to scam you, but they do not get a hold of the site database, hence on a fake phishing website this phrase isn’t displayed indicating you’re not on the official marketplace.

Vending and Vendor Transparency

Vending on the marketplace needs a 0.02 BTC deposit, a kind of security deposit, or what’s officially called the vendor-bond.

The Vendor transparency is a security feature I believe for the buyers, the level of information shown about a vendor before they make a purchase.

Any vendor’s name can be clicked on the marketplace to reach their profiles, the information divulged by the marketplace includes:

  • Registrations Date
  • Ratings
  • of Deals.
  • Level
  • And Last Login.

In my personal opinion, additionally, the number of disputes and rating on other marketplaces is something that certainly could provide more insights into a vendor.

How Good is the Search Functionality on Agartha Market?

The search functionality is important simply because the more filters and better options it provides, the easier and faster it’ll be for users to get to their products.

This is an aspect Agartha is a major disappointment, there’s only a simple search text-box, with the only filters being Price low to high and vice versa, Recent and Country.

Other Marketplace,

Link 1: Only with Tor Browser (Agartha Market)

Link 2: Only with Tor Browser (Tochka Free Market)

Link 3: Only with Tor Browser (Apollon Market)

Kind regards,

crok2000


What is USDQ and Q DAO?

What Is USDQ and Q DAO? Complete Guide from PLATINUM ENGINEERING Mihaill Kudryashev, a Front-end engineer at PLATINUM ENGINEERING, wrote this article while seeking to raise awareness about USDQ, a stablecoin his team is helping to develop. Among the biggest benefits, USDQ brings full decentralization and predictive capabilities. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under Q DAO governance. Slowly learning more about blockchains, Mihail has been effective in transforming vague ideas into effective front-end solutions with strong UI/UX. Within his team, he’s helped many crypto startups to make their voice heard throughout the emerging global crypto community. In this article, Mihail looks into the key benefits that users win from using USDQ. USDQ brings stability, with no need to engage legacy finance How do USDQ and Q DAO coins work within the ecosystem? USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. It's backed by Bitcoin (another top 10 cryptocurrencies will be added in future). The elegant system places all transactions on the blockchain and empower users to execute cross-border and disintermediated transactions at any time and from any place. It's pegged to the value of USD, i.e. 1 USDQ always equals 1 USD. The ecosystem's design borrows heavily from fractional banking systems. In the nutshell, USDQ is a customer-facing stablecoin and Q DAO is an internal "operational" coin; together they help create a stabilized safe haven for anybody who's looking to hedge against rampant volatility of crypto markets. Introduction to Q DAO and USDQ There's a number of factors that prevent mass adoption of cryptocurrencies. The biggest factor among this is high volatility, seen in crypto. Bitcoin, the oldest and most popular coin, has been fluctuating with prices oscillating between 20,000 and 3,500 in just one year of 2018. No potential adopters, be it merchants or individuals, would be happy with suffering huge losses that such drastic changes can entail. And it's this high volatility that USDQ is set to address, bringing stability and convenience. Tether (USDT) is probably the most well-known and widely used stablecoin. However, it has been embroiled in various controversies from the very start with no end to these in sight. Although the system is supposed to assure the 1-to-1 fiat reserves for all Tether units created, the website content has been recently changed to say that the issuer views not only cash in the bank, but also various loans to other companies, as the reserves. Both regulators and crypto enthusiasts have voiced concerns, which might bode ill for Tether in the months to come. USDQ works differently. Here, the stablecoin is pegged to US Dollar and backed by Bitcoin (+top 10 other cryptocurrencies in future). It's similar to lending operations and fractional banking systems. Overcollateralization is used to mitigate potential unexpected changes in assets prices. The USDQ ecosystem is highly transparent as all of the operations are recorded on the immutable Ethereum blockchain, open to review by anybody and at any time. The smart contracts bring automation to business processes and eliminate the need for middlemen to assure trust and prevent abuse. In order to determine how viable USDQ will be in the future, we need to discuss the two tokens used within the ecosystem. Review of Q DAO and USDQ Q DAO is governance token, entitles holders to participate in voting for new decisions. Importantly, holders are interested seeing Q DAO's prices growing and thus they are incentivized to thoroughly review proposals and deliver the best decisions. In this way, Q DAO imbues higher democracy and decentralization, on which many current crypto projects lag. In addition, all the fees, charged for the system use, can be paid only in Q DAO. In order to create USDQ, a user needs to transfer Bitcoins into a Collateralized Debt Contract (CDC). This will automatically trigger the smart contract to generate USDQ and send it to the user. In order to change USDQ back into crypto assets, users need to pay back the amount of USDQ they input and the fees, chargeable in Q DAO Tokens. Whenever this is done, USDQ is automatically destroyed and the Collateralized Debt Сontract is closed. In addition by getting USDQ directly at the company's website, users can trade in USDQ on secondary markets. It's as easy as trading Bitcoin or Ethereum or any other coin. Traders can store both coins in their wallets, assuring higher security. The stability and ease of use for USDQ open up wide ranges of adoption for both businesses and end consumers alike. What makes USDQ stand apart The main difference between projects like Tether and USDQ is complete transparency and openness in the inner workings of USDQ. All the data is easily accessible on the blockchain and there are no rumors or controversies as to the reserves held by the team, potential conflicts of interest or hidden agendas. The CDС mechanics ensure that it's impossible to create fake units of USDQ, as smart contract can be activated only after an amount in Bitcoins is input. The development is being done completely transparent. Interested parties can review the smart contract, presented on the website. The audits and peer reviews were carried out to assure the highest quality of smart contract. The website-based scanner enables to track all the data about each and every transaction, including time, amount and collateral size. In addition, should a "black swan" event occur, i.e. a drastic fall in Bitcoin prices, Q DAO is sold on secondary markets. Bitcoin value is liquidated to make a USDQ buyback procedure, which prevents any losses on the part of the system's users. Additionally, PLATINUM BLOCKCHAIN ENGINEERING which is helping to develop the ecosystem is working hard to build up long-term partnerships with stakeholders in the crypto industry. The more liaisons the team wins, the better outlook for USDQ will be. Why do we need stablecoins anyway? Different assets produce varying levels of volatility in prices, when compared to each other. For instance, the purchasing capacity of US dollar has reduced over time with 1 USD from 1913 equaling 24 USD today (2019). This happens due to inflation 3-10% per year. In comparison, Bitcoin almost tripled in value in 2018 and then fell down by as much. Thus, fiat currencies are more stable, when compared to cryptocurrencies. Stablecoins don't attempt to fight inflation. Instead, coins like Tether and USDQ peg themselves to US dollar, bringing relatively higher stability to crypto trading communities. One of the most famous transactions with Bitcoin is when a pizza was bought with Bitcoin back in 2010. At that time, the pizza ended up costing just a couple of bucks, but today it costs millions. Although stablecoins continue to be impacted by inflation and exchange rates that come to them from fiats they peg themselves to, they are nowhere near the mindboggingly high volatility of crypto assets. One of the major use cases for stablecoins like USDQ is concluding long-term contracts. For instance, when using a popular decentralized platform Augur, users can bet on the price of oil in 5-10 years. The problem is that you won't only have to account for future changes in oil prices, but also for prices in Ethereum or Bitcoin that you use to make the bet. USDQ solves this problem elegantly and without much trouble. Using it, users don't have to consider future changes in Bitcoin prices and they can concentrate on what they've come here for - betting on future events. And they don’t have to worry about technical details as it’s easy to purchase USDQ and use for trader’s purposes. Betting industry is just one of the many use cases, where USDQ can bring benefits. It can be successfully used for any transactions done across borders and long-term financial contracts. Virtually, USDQ opens up new opportunities any time value is exchanged and volatility has a negative effect. Bottom Line USDQ has a high potential to democratise transactions between companies and individuals globally, bringing fast execution and low volatility. The "PLATINUM BLOCKCHAIN ENGINEERING" is working hard to enable and improve various features in order to help USDQ to take leading positions on crypto markets. Here are the main ecosystem’s features: The system uses two tokens (USDQ and Q DAO) in order to tackle volatility, while staying on the blockchain. USDQ is always pegged to USD 1:1. In order to come into line with as many national exchanges as possible and enter other markets, the company will issue other tokens pegged to the national currencies. For example, there will be CNYQ (for Chinese Yuan), KRWQ (for South Korean Won), as well as JPYQ (for Japanese Yen) at the early stage. USDQ brings higher decentralization, driving this important vector in the development of crypto industry. Q DAO holders are interested in seeing the coin grow and succeed, thus they will work hard to review and pick the best proposals for the system to move forward. Taking into account these beneficial features, there's no question that USDQ will become a viable alternative to other fiat-backed cryptocurrencies like TUSD, USDT, GUSD, USDC etc. Competing with other stablecoins, both already operating and just being developed, PLATINUM ENGINEERING will roll out the new features and underlying tech solutions that'll help propel the coin. USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. Fully on-chain and monitored by high-speed AI robots, ecosystem offers reliable defences against malicious acts and attacks. First run in line of fiat-pegs, USDQ is brought by PLATINUM ENGINEERING Team, looking to edge together innovative solutions in collateralization, using stabilizing mechanisms for high-endurance stablecoins. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under USDQ brand. Fully anonymous, USDQ breaks limits out of this legacy world. PLATINUM ENGINEERING values your opinion and welcomes you to continue the conversation on Telegram or Facebook, where the company’s development team is always ready to help you find solutions to pressing issues. Working on projects like USDQ, Michael has gained an invaluable suite of skills and insights, enabling to roll out high-usability UI/UX with tight deadlines and lack of clear expectations as to user behaviors. The team has successfully produced white-label wallets, stand-alone fundraising platforms, as well as integrated fundraising ecosystems. Any startup looking for a reliable partner to help execute a success-story will win from a free consultation with the PLATINUM ENGINEERING team about potential solutions to their needs and issues. This overview may not be fully exhaustive and does not assess the viability of any project, nor its team legitimacy. Readers should conduct their own due diligence before using or investing in any of the listed Stablecoins. This article represents the author’s opinions only and should not be considered investment advice. All described functionality in the article is still under development, it can be changed/processed. Please follow the updates.


Darknet - Agartha Market (Review 2019)

Dear Community,

Since the shutdown/seize of popular Darknet markets such as Alphabay trade route or Hansa, a number of alternatives presented themselves in the industry, Agartha is one such marketplace and that’s what this Agartha Market review is about.

The options available now, such as Empire Market or even Agartha weren’t necessarily created after the collapse of those giants, but this marketplace did exist prior to the events they just didn’t get enough of the spotlight which they enjoy now.

Note that this Agartha Market review is purely for educational purposes, any use, including legal or otherwise is completely and solely your own responsibility.

This section should get you an insight into the marketplace and all its primary features and numbers which should get you a pretty good idea of the marketplace’s capabilities before diving right into this Agartha Market review:

  • Primary URL: Only with Tor Browser
  • Registration: Mandatory.
  • Supports Escrow, Multisig, Login Phrase, and Security PIN.
  • Vendor Bond: 0.02BTC.
  • Currency: Bitcoin, Litecoin, Monero, Bitcoin Cash, Dash, and Vertcoin.
  • 136 Products available.
  • Marketplace fee: 2.5% for buyers.

Agartha Market is a registration-only marketplace meaning it can only be accessed if you register on the marketplace either as a buyer, or a vendor. No part of the platform can be accessed without registration.

The registration process, however, is completely anonymous, it asks for a username, password, a 4-digit pin, and a security phrase.

Who can Use Agartha Market? – User Interface Review

By “Who” I mean to denote the technical knowledge or computer-skills a person needs in order to be able to order such rare items such as Drugs and documents of the Dark Web.

This is what the website looks like:

Like most other Darknet Markets, they have a top-bar, a left-sidebar and then the center-screen.

The top-bar is like the Main-menu for the site, with all the important links which can be used to reach the different parts of the website, such as Profile, Wallet, Help and so on.

The left-sidebar is completely clutter-free and holds no useless information or tabs, there’s just one “Categories” section which holds all the different product categories that the marketplace offers products in.

For those who’re users of Cryptocurrencies other than Bitcoin, it also shows the price of 1 Bitcoin in context to those other Cryptocurrencies helping them judge the product-prices better.

And then it also provides the option to change the display-currency altogether, so that the prices of the products are displayed in a currency you understand (such as USD, INR, British Pound, Russian Ruble, etc).

The center screen is divided into a nice table, showing the name, price, name of the vendor, shipment source and potential destinations.

That’s just about it. My verdict? Any 5th-grade kid with a social media profile is more than qualified to understand the marketplace.

Does it Require Registrations? If yes, How Anonymous is it?

Like almost all other Darknet Markets, Agartha Market too requires registration not because it wishes to track you, but so that it can keep the orders organized, and assign it to profile and users for tracking, support, payments and everything else.

This is the registration page for the marketplace:

All of the information asked for, such as username, password, PIN, Login Phrase can and should be completely random, with absolutely no connection to your real life name, address, interests or anything else.

Hence no anonymity is breached and nothing can be tied to you. Then again, it has a strict no data storage policy, meaning vendors ought to delete all user data (such as Profile name, payment method and everything else) after a successful transaction.

The Hidden Truth about Agartha Market Products.

Being a Darknet Market, it obviously sells products which are either completely illegal or strictly controlled otherwise.

Taking a look at its product-categories it can be safely stated that it primarily is a Drug-dominated Darknet Market, although other products too are allowed as indicated by the “Digital Goods” and “Services” categories.

If the numbers shown on the left-sidebar are to be believed the marketplace would’ve exactly 136 products, but the reality doesn’t seem parallel with those numbers:

When manually checked it was found that despite showing 34 products on the left-sidebar, Cannabis only had 5 products, with the price-range for Cannabis being ฿ 0.011217 for the cheapest product and ฿ 0.420624 for the highest.

Stimulants on the left-sidebar showed 26 individual listings, but only one product in the category was actually found and it was being sold for ฿ 0.091112BTC (USD $350.00).

Then there’s Psychedelics, according to the sidebar it should get us 24 listings, but again only 4 products were found in the category with the most expensive being sold for USD $45.00 and the cheapest for USD $19.00. Pills too officially should have 13 products, but actually only accounted for 1 of them.

Dissociatives on the left-sidebar have 11 listings but in reality only 1 for USD $35.19. Then there are services, with 10 listings on the sidebar but only 5 actually being available, the highest service goes as high as USD $100,000 while the cheapest being USD $600.

Finally, there are Digital Items, these have no listings at all despite showing 5 on the sidebar.

So truth be told, out of the 136 individual listings being shown only around 17 could be actually found on the platform!

The actual numbers are obviously pretty low, considering how it’s a third-party marketplace and on top of that, it misleads users which are another reason why I’d rate it 1/5 on its products’ for this Agartha Market review.

How to Place an Order on Agartha Market?

This section would help you when it comes to placing orders on the marketplace and get an insight into how easy, or hard it is doing so.

The first step is obviously finding the product you need, either the search bar on the left-sidebar or the categories section can be used, just like searching for products on any other E-commerce website.

Once you do get to the product, simply click on it to reach the product page, this is where more details about the products are made available. Simply click on the “Buy” button.

Specify the order quantity, method of payment and shipping method wanted on the next page, and click on Proceed.

Finally, fill out the mini-form asking for your shipping information on the next page, and enter your security PIN (set during registration).

If you have sufficient funds, your order is placed instantly. If not, it would ask you to add funds. In that case, click on the “Wallets” link on the top bar > then choose the currency you wish to deposit funds for > to click on “Get new address” > send funds to this address.

Note that the minimum deposit limit is 0.0005 (currency value) for any currency you deposit, so it’s 0.0005 BTC, 0.0005 DASH, 0.0005 XMR and so on. Also, after generating a new address, users need to wait at least 7 hours before another address can be generated.

It’s pretty considerate with the currencies it accepts and the list includes Bitcoin, Ethereum, Dash, VertCoin, Monero as well as Bitcoin Cash.

Protection Against Hackers and Scams

A large part of how I judge a marketplace depends on its security features, the same holds true for this Agartha market review as well.

PGP Based 2-FA

Agartha has 2-Factor authentication when enabled it’s an additional firewall on top of the normal password. A PGP encrypted message needs to be decoded using every user’s personal, secret PGP private key in order for the account to be accessed.

Can be reached from Profile > Change Settings.

Multisig Transactions

Multisig transactions are available as well, they make it mandatory for at least 2 out of 3 parties to sign a transaction before funds can be moved, making sure no party can scam the other, without the approval of at least 1 other involved party. The three parties being The Marketplace, the Vendor and the Buyer.

Anti-Hacker and Anti-Phishing Firewalls

The security PIN is another layer of protection required before a purchase can be made, or account information changed. This makes sure even if the account is compromised, PGP keys too, funds still can’t be moved, or account can’t be locked/changed without the PIN.

The Login Phrase is a special phrase set by you stored on the Marketplace’s database and is displayed every time you log in.

Phishers may clone the marketplace layout and try to scam you, but they do not get a hold of the site database, hence on a fake phishing website this phrase isn’t displayed indicating you’re not on the official marketplace.

Vending and Vendor Transparency

Vending on the marketplace needs a 0.02 BTC deposit, a kind of security deposit, or what’s officially called the vendor-bond.

The Vendor transparency is a security feature I believe for the buyers, the level of information shown about a vendor before they make a purchase.

Any vendor’s name can be clicked on the marketplace to reach their profiles, the information divulged by the marketplace includes:

  • Registrations Date
  • Ratings
  • of Deals.
  • Level
  • And Last Login.

In my personal opinion, additionally, the number of disputes and rating on other marketplaces is something that certainly could provide more insights into a vendor.

How Good is the Search Functionality on Agartha Market?

The search functionality is important simply because the more filters and better options it provides, the easier and faster it’ll be for users to get to their products.

This is an aspect Agartha is a major disappointment, there’s only a simple search text-box, with the only filters being Price low to high and vice versa, Recent and Country.

Other Marketplace,

Link 1: Only with Tor Browser (Agartha Market)

Link 2: Only with Tor Browser (Tochka Free Market)

Link 3: Only with Tor Browser (Apollon Market)

Kind regards,

crok2000



What is USDQ and Q DAO?

What Is USDQ and Q DAO? Complete Guide from PLATINUM ENGINEERING Mihaill Kudryashev, a Front-end engineer at PLATINUM ENGINEERING, wrote this article while seeking to raise awareness about USDQ, a stablecoin his team is helping to develop. Among the biggest benefits, USDQ brings full decentralization and predictive capabilities. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under Q DAO governance. Slowly learning more about blockchains, Mihail has been effective in transforming vague ideas into effective front-end solutions with strong UI/UX. Within his team, he’s helped many crypto startups to make their voice heard throughout the emerging global crypto community. In this article, Mihail looks into the key benefits that users win from using USDQ. USDQ brings stability, with no need to engage legacy finance How do USDQ and Q DAO coins work within the ecosystem? USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. It's backed by Bitcoin (another top 10 cryptocurrencies will be added in future). The elegant system places all transactions on the blockchain and empower users to execute cross-border and disintermediated transactions at any time and from any place. It's pegged to the value of USD, i.e. 1 USDQ always equals 1 USD. The ecosystem's design borrows heavily from fractional banking systems. In the nutshell, USDQ is a customer-facing stablecoin and Q DAO is an internal "operational" coin; together they help create a stabilized safe haven for anybody who's looking to hedge against rampant volatility of crypto markets. Introduction to Q DAO and USDQ There's a number of factors that prevent mass adoption of cryptocurrencies. The biggest factor among this is high volatility, seen in crypto. Bitcoin, the oldest and most popular coin, has been fluctuating with prices oscillating between 20,000 and 3,500 in just one year of 2018. No potential adopters, be it merchants or individuals, would be happy with suffering huge losses that such drastic changes can entail. And it's this high volatility that USDQ is set to address, bringing stability and convenience. Tether (USDT) is probably the most well-known and widely used stablecoin. However, it has been embroiled in various controversies from the very start with no end to these in sight. Although the system is supposed to assure the 1-to-1 fiat reserves for all Tether units created, the website content has been recently changed to say that the issuer views not only cash in the bank, but also various loans to other companies, as the reserves. Both regulators and crypto enthusiasts have voiced concerns, which might bode ill for Tether in the months to come. USDQ works differently. Here, the stablecoin is pegged to US Dollar and backed by Bitcoin (+top 10 other cryptocurrencies in future). It's similar to lending operations and fractional banking systems. Overcollateralization is used to mitigate potential unexpected changes in assets prices. The USDQ ecosystem is highly transparent as all of the operations are recorded on the immutable Ethereum blockchain, open to review by anybody and at any time. The smart contracts bring automation to business processes and eliminate the need for middlemen to assure trust and prevent abuse. In order to determine how viable USDQ will be in the future, we need to discuss the two tokens used within the ecosystem. Review of Q DAO and USDQ Q DAO is governance token, entitles holders to participate in voting for new decisions. Importantly, holders are interested seeing Q DAO's prices growing and thus they are incentivized to thoroughly review proposals and deliver the best decisions. In this way, Q DAO imbues higher democracy and decentralization, on which many current crypto projects lag. In addition, all the fees, charged for the system use, can be paid only in Q DAO. In order to create USDQ, a user needs to transfer Bitcoins into a Collateralized Debt Contract (CDC). This will automatically trigger the smart contract to generate USDQ and send it to the user. In order to change USDQ back into crypto assets, users need to pay back the amount of USDQ they input and the fees, chargeable in Q DAO Tokens. Whenever this is done, USDQ is automatically destroyed and the Collateralized Debt Сontract is closed. In addition by getting USDQ directly at the company's website, users can trade in USDQ on secondary markets. It's as easy as trading Bitcoin or Ethereum or any other coin. Traders can store both coins in their wallets, assuring higher security. The stability and ease of use for USDQ open up wide ranges of adoption for both businesses and end consumers alike. What makes USDQ stand apart The main difference between projects like Tether and USDQ is complete transparency and openness in the inner workings of USDQ. All the data is easily accessible on the blockchain and there are no rumors or controversies as to the reserves held by the team, potential conflicts of interest or hidden agendas. The CDС mechanics ensure that it's impossible to create fake units of USDQ, as smart contract can be activated only after an amount in Bitcoins is input. The development is being done completely transparent. Interested parties can review the smart contract, presented on the website. The audits and peer reviews were carried out to assure the highest quality of smart contract. The website-based scanner enables to track all the data about each and every transaction, including time, amount and collateral size. In addition, should a "black swan" event occur, i.e. a drastic fall in Bitcoin prices, Q DAO is sold on secondary markets. Bitcoin value is liquidated to make a USDQ buyback procedure, which prevents any losses on the part of the system's users. Additionally, PLATINUM BLOCKCHAIN ENGINEERING which is helping to develop the ecosystem is working hard to build up long-term partnerships with stakeholders in the crypto industry. The more liaisons the team wins, the better outlook for USDQ will be. Why do we need stablecoins anyway? Different assets produce varying levels of volatility in prices, when compared to each other. For instance, the purchasing capacity of US dollar has reduced over time with 1 USD from 1913 equaling 24 USD today (2019). This happens due to inflation 3-10% per year. In comparison, Bitcoin almost tripled in value in 2018 and then fell down by as much. Thus, fiat currencies are more stable, when compared to cryptocurrencies. Stablecoins don't attempt to fight inflation. Instead, coins like Tether and USDQ peg themselves to US dollar, bringing relatively higher stability to crypto trading communities. One of the most famous transactions with Bitcoin is when a pizza was bought with Bitcoin back in 2010. At that time, the pizza ended up costing just a couple of bucks, but today it costs millions. Although stablecoins continue to be impacted by inflation and exchange rates that come to them from fiats they peg themselves to, they are nowhere near the mindboggingly high volatility of crypto assets. One of the major use cases for stablecoins like USDQ is concluding long-term contracts. For instance, when using a popular decentralized platform Augur, users can bet on the price of oil in 5-10 years. The problem is that you won't only have to account for future changes in oil prices, but also for prices in Ethereum or Bitcoin that you use to make the bet. USDQ solves this problem elegantly and without much trouble. Using it, users don't have to consider future changes in Bitcoin prices and they can concentrate on what they've come here for - betting on future events. And they don’t have to worry about technical details as it’s easy to purchase USDQ and use for trader’s purposes. Betting industry is just one of the many use cases, where USDQ can bring benefits. It can be successfully used for any transactions done across borders and long-term financial contracts. Virtually, USDQ opens up new opportunities any time value is exchanged and volatility has a negative effect. Bottom Line USDQ has a high potential to democratise transactions between companies and individuals globally, bringing fast execution and low volatility. The "PLATINUM BLOCKCHAIN ENGINEERING" is working hard to enable and improve various features in order to help USDQ to take leading positions on crypto markets. Here are the main ecosystem’s features: The system uses two tokens (USDQ and Q DAO) in order to tackle volatility, while staying on the blockchain. USDQ is always pegged to USD 1:1. In order to come into line with as many national exchanges as possible and enter other markets, the company will issue other tokens pegged to the national currencies. For example, there will be CNYQ (for Chinese Yuan), KRWQ (for South Korean Won), as well as JPYQ (for Japanese Yen) at the early stage. USDQ brings higher decentralization, driving this important vector in the development of crypto industry. Q DAO holders are interested in seeing the coin grow and succeed, thus they will work hard to review and pick the best proposals for the system to move forward. Taking into account these beneficial features, there's no question that USDQ will become a viable alternative to other fiat-backed cryptocurrencies like TUSD, USDT, GUSD, USDC etc. Competing with other stablecoins, both already operating and just being developed, PLATINUM ENGINEERING will roll out the new features and underlying tech solutions that'll help propel the coin. USDQ is decentralized stablecoin, which uses algorithms to offer higher stability and reliability. Fully on-chain and monitored by high-speed AI robots, ecosystem offers reliable defences against malicious acts and attacks. First run in line of fiat-pegs, USDQ is brought by PLATINUM ENGINEERING Team, looking to edge together innovative solutions in collateralization, using stabilizing mechanisms for high-endurance stablecoins. Soon there will be even more fully backed stable coins: JPYQ, KRWQ, SGDQ, HKDQ, CNYQ, RUBQ under USDQ brand. Fully anonymous, USDQ breaks limits out of this legacy world. PLATINUM ENGINEERING values your opinion and welcomes you to continue the conversation on Telegram or Facebook, where the company’s development team is always ready to help you find solutions to pressing issues. Working on projects like USDQ, Michael has gained an invaluable suite of skills and insights, enabling to roll out high-usability UI/UX with tight deadlines and lack of clear expectations as to user behaviors. The team has successfully produced white-label wallets, stand-alone fundraising platforms, as well as integrated fundraising ecosystems. Any startup looking for a reliable partner to help execute a success-story will win from a free consultation with the PLATINUM ENGINEERING team about potential solutions to their needs and issues. This overview may not be fully exhaustive and does not assess the viability of any project, nor its team legitimacy. Readers should conduct their own due diligence before using or investing in any of the listed Stablecoins. This article represents the author’s opinions only and should not be considered investment advice. All described functionality in the article is still under development, it can be changed/processed. Please follow the updates.



[Daily Discussion] Sunday, May 26, 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, May 26, 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:


Canadian Reseller for DarkMEDIA - Packages starting at $10 Canadian - ***Price match guarantee***

We allows you to pick between 1 to 5 concurrent connections on a subscription with no ip lock.

GameCenter is your one stop sporting spot where your going to find all the sporting events in one central place so you can easily find what's playing.

The service can be used with almost any m3u player. They also offer there custom app.

DarkMEDIA DOES NOT offer catchup or VOD.

Prices are quoted in Canadian dollars. (M=Months, C=Connections)

1 Month Packages - 1M1C = $10 - 1M2C = $14 - 1M3C = $18 - 1M4C = $22 - 1M5C = $26

3 Month Packages - 3M1C = $26 - 3M2C = $30 - 3M3C = $34 - 3M4C = $38 - 3M5C = $42

6 Month Packages - 6M1C = $46 - 6M2C = $50 - 6M3C = $54 - 6M4C = $58 - 6M5C = $62

Payment Options......

  • e Transfer
  • Bitcoin (btc)
  • PayPal (must use Friends and Family option).

Trials are paid at $3 for 24 hours. If you like what you see and you want to go with a full subscription, I will deduct the $3 from the total.

The selection we offer....

  • Canadian
  • US
  • UK
  • Latino
  • All major sports
  • PPV
  • Adult (no extra fee)

If you have any questions or would like to try out our service please PM me.


[Daily Discussion] Sunday, May 26, 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, May 26, 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 May 26, 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!

  • There is trivia at The Ducktail Lounge on Sunday’s.

  • Open Mic Thursday at Java Joe's Downtown at 7:30

    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.


[Daily Discussion] Sunday, May 26, 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, May 26, 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:


HUBBS GOLD REVIEW

https://i.redd.it/5qpgod6o2m031.png

Hubbs is a task that manages a free stage where any individual or exchange can have a space to offer their items and administrations through an online store, notwithstanding totally free publicizing.

As should be obvious, we don't have an online store where we would all be able to purchase and sell, yet additionally declarations from a group of people with the goal that we can make an increasingly successful promoting.

The stage to purchase and sell offers items and administrations of numerous types. The exchanges did inside the stage are made through digital forms of money, for example, bitcoin (BTC), bitcoin money (BCH) and ethereum (ETH), however over all the token most traded will be the possess token, Hubbs (HUBB).

The group of engineers is striving to execute enhancements in the stage, so as to make conceivable a fruitful reconciliation of the token in the online store. The official site of the Hubb stage is https://myhubb.online

HUBB is a token inside the square chain of Ethereum, so you can see all HUBB exchanges performed, for this we suggest utilizing EtherScan https://etherscan.io/Hubb has a functioning network, in the event that you need to stay up with the latest on the undertaking, I prescribe visiting a portion of its social channels, particularly the accompanying ones:

Then again, on the off chance that you need to know the value, a great choice to screen the estimation of the token can be CoinGecko, click here to get to https://www.coingecko.com/en/coins/myhubb

There are two online spaces where you can purchase HUBBs:

Notwithstanding these two trades, there are some that will be fused sooner rather than later, we will be mindful for when the coins can be traded in Kkcoin, Catex, Mercatox and Latoken, despite the fact that there is still no official news about the dates.

Hubbs is a supported article composed for an abundance compensate.

For more information kindly visit :

Site : https://myhubb.online

Twitter : https://twitter.com/hubbsnetwork

Telegram : https://t.me/hubbscoin

USERNAME : chigoboycrypto


[GUIDE] Convert DRP to DRPS or DRPU.

If you want DRPU, I'd like to trade your DRP for my DRPU

(2 DPRU for 1 DRP, the standard ratio).


(We can trade in small amounts if you don't trust me)
(My bullex account isn't verified yet so I will need to wait a bit for withdrawing my DRPU)


Below I will describe three ways to convert DRP to DRPU or DRPS.

Please try the official way first.

There's basically two steps, each with their own sub-steps. I will first explain what the steps do, and then explain how to do them. No matter which way you choose (they just get increasingly technical).

The first step is to approve the contract (there is two different contracts, one for DRPU, and one for DRPS, approve the right one). Without approval, the second step will fail. (It also appears that the second step will fail if the time between the approval and the second step is too long, as in, more then 256 blocks, so make sure to do step 2 immediatly after step 1 and use a fast or at least medium fee on step 2 or your transaction may fail).

In other words, step one is all about saying "this address (the contract) is allowed to spend X amount of DRP from my address". Obviously, you only want to approve the right contract, not anyone else.

The second step is to actually make the contract burn your DRP and return you the right amount of DRPU or DRPS (depending on which contract you talk to). The second step is exactly the same for DRPU and DRPS, the only difference is the contract adress. So don't use the wrong adress or you'll recieve the wrong coin, and that can not be undone! (you could attempt to trade it at the market though, but there is currently no way to turn DRPU into DRPS and vice versa, and neither can you get your DRP back).

Now for the actual steps:

The official way


DRPS: DCorp Security Token
DRPU: DCorp Utility Token

Just follow the steps on the website. If that doesn't work, try:

The etherscan way


Step 1a:

copypaste the contract address you need into notepad.

  • DPRS: 0x3366cfd8dd3fc653e7dcd56cb9111d848b3732e2
  • DRPU: 0xee2972a6177c28f3efacb1862a1a8507c3f10faa

Step 1b:

Step 1c

  • copypaste the address from step 1a into the _spender(address) field under "1. approve"
  • put the amount of DRP you want to convert, followed by exactly 2 zeroes (unless you want to send fractional DRP, in which case you add fewer zeroes, for example a 50 is 0.5 DRP) (Think of it like sending "cents" of DRP, so 100 cents is 1 DRP).

Step 1d

  • press "write"
  • confirm with metamask

wait for confirmation (only 1 confirmation is enough) it should look something like this

Step 2a

Step 2b (it's the same for DRPS and DRPU)

  • connect metamask
  • scroll down to "6. requestConversion"
  • input the same value as in step 1c (technically you could use any value lower or exactly equal, but why would you?)
  • it should look something like this

Step 2c

  • press "write"
  • confirm with metamask

DONE!

it should look something like this

you should have your tokens now, and your DRP are burned.


The hard way


Step 1a:

  • Log in to metamask, or whatever your favorite wallet is (i will assume metamask in this guide but this method works for any wallet, although the steps wil not be exactly the same obviously)
  • go to settings -> advanced (helpfull image 1 and 2)
  • scroll down and turn on "hex data"
  • now when you send an ether transaction you should have a "hex data" or "data" field in the bottom. (It should look something like this)

MAKE SURE YOU USE YOUR ACCOUNT THAT ACTUALLY HAS DRP OR IT WON'T WORK FOR OBVIOUS REASONS

Step 1b:

  • calculate how many DRP you want to send, open the windows calculator in programmer mode (or any online dec to hex converter) and input the amount of DRP you want to send with two extra zeroes.
  • read the HEX value. (for example if you want to send 1234 DRP you should enter 123400 into the calculator, and your answer will be 1E208) Helpful image
  • If you want to send fractions, for example 12.5 DRP you input 1250 (so basically you multiply by 100) and you would get 4E2.
  • write down the HEX value in notepad.
  • copypaste this 0000000000000000000000000000000000000000000000000000000000000000 and paste it under your hex value
  • add 0s in front of your hex value until both strings are of equal length (you should have exactly 64 digits, no more, no less).

Step 1c:

  • for DRPS: copypaste this "0x095ea7b30000000000000000000000003366cfd8dd3fc653e7dcd56cb9111d848b3732e2" into your notepad and paste it in front of your 64-digit number, don't have any spaces in between, don't add the quotes.

  • for DRPU: copypaste this "0x095ea7b3000000000000000000000000ee2972a6177c28f3efacb1862a1a8507c3f10faa" into your notepad and paste it in front of your 64-digit number, don't have any spaces in between, don't add the quotes.

Step 1d (same for both tokens):

  • if you have done step 1c correctly you should have something similar to "0x095ea7b3000000000000000000000000ee2972a6177c28f3efacb1862a1a8507c3f10faa00000000000000000000000000000000000000000000000000000000000185ea" in your notepad.
  • send 0 eth to 0x621d78f2ef2fd937bfca696cabaf9a779f59b3ed and in the data field copypaste the data from your notepad.

Step 1e:

Wait for it to confirm (1 confirmation is enough).

Step 2a:

  • copypaste this into a new line in your notepad: 0xc6afd98a
  • copy the last 64 digits of the last string (the hexadecimal representation of the amount of tokens you want to convert) to the end of that line
  • you should now have something like this: 0xc6afd98a00000000000000000000000000000000000000000000000000000000000185ea

Step 2b

  • for DRPS: send 0 eth to 0x3366cfd8dd3fc653e7dcd56cb9111d848b3732e2 with the data string you should have in your notepad (the short one)

  • for DRPU: send 0 eth to 0xee2972a6177c28f3efacb1862a1a8507c3f10faa with the data string you should have in your notepad (the short one)

DONE!

Explanation:

The data always starts with 0x (this basically means, the data is encoded in hexadecimal numbers), the 8 digits after that is a hash (keccak-256) of the function name, so the contract knows which function you are calling, and which arguments to expect (for example requestConversion(uint256) and approve(address,uint256)) all other information after that is always exactly 256 bits of information (per argument), so 64 digits long (if the actual information is less than 64 digits long, it adds 0s in the front until it is exactly 64 digits long. Also, in ethereum addresses the leading 0x gets dropped (because the data already starts with 0x). Numbers of course are converted into hexadecimal, and in the "atomic units" of what you're sending (like a satoshi in bitcoin). DRP has a "precision" of 2 so if you enter "0000000000000000000000000000000000000000000000000000000000000001" that means 0.01 DRP, and 0000000000000000000000000000000000000000000000000000000000000010 means 0.16 DRP (remember, it's hexadecimal, not decimal).