Monday, November 9, 2020

[Daily Discussion] Tuesday, November 10, 2020

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[Altcoin Discussion] Tuesday, November 10, 2020

Thread topics include, but are not limited to:

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This week should be productive.

I'll probably see the results of my efforts next week, though.

The weekend was stressful. The weekend is always stressful. I'm cooped up in here and I rely on my mother to take me anywhere. Try the summer, though. Oh, and my mother fully believes me when I say that I can't take being cooped up in here. She's even repeatedly asked "If grandma isn't well, will dad and I be able to go to France to see her? The way you always say you can't take being in your apartment, I don't think we can leave you!"

Why the eff wouldn't you do something about that, then? Since I got to living in this apartment, my mother has kept asking me "Do you still like your apartment?" and "You don't like your apartment anymore? You SAID you wanted your own place to live!"

My grandmother died of a stroke in June or July, but the last time my parents had gone to visit her, yeah, I had found myself having great difficulty being cooped up in here for five or so days. This was before I had applied for SNAP benefits and before I had built my PC and gotten service with an Internet service provider.

I still feel angry at myself for spending what Bitcoin I had had, but hey, I could've just gotten my checks and gotten a PC, no Bitcoin involved. Would that have made it feel better? Because my mother didn't want to help me with my latest refund check, I ended up depositing it in an NJ ABLE account. My deferment with my loan servicer was approved. As I always state on this subreddit, I'm eligible for full relief from those student loans due to my disability.

I should probably remove my security freezes with the credit reporting agencies. I had set them when I was at NJIT and my mother was panicking because those agencies were sending letters addressed to me to my parents' house. I was following Brian Krebs's advice on how to handle the Equifax breach.

Last weekend, my brother and his wife were over with their baby. On Saturday night, I was invited to pizza at my parents' house with my parents and my brother and his wife. After returning, my mother had kept saying "Did you have a GOOD TIME?" She had eventually told me "You looked STRESSED!" Sure. I'm not a social person. I don't do just being dropped in with a group of people to do chit chat with them.

On Sunday, I kind of broke down with my mother on our nearly daily drive. She went asking me "What happened TODAY?" and then "What happened YESTERDAY?" I think just being around my brother like that "being social" had affected me. During that chit chat, my brother had asked me "I forgot! Are your playing games right now or not?" My mother had replied "A LITTLE BIT! It keeps him OCCUPIED!" I hate how my mother can now jump to that answer because I've repeated it over and over again.

I can't do brain stuff all the time. I've tried to do brain stuff all the time. Also, each time I try to get video games out of my life, I can't. There's not enough for me to do. That's why I've bought some things that are in this apartment two or even three times. When I was most stressed in the hospital, I'd verbally say "Characters are for BAD CHARACTERS!" and "Characters are for EGREGIOUSLY BAD CHARACTERS!" That wasn't out of being crazy. It was out of being stressed.

I don't know if actually playing video games had contributed to how I had reacted on Sunday, but I can say that my brother constantly shutting my mother up when she had spoken in regard to me was not okay. He kept waving his hand to prevent her from saying more. Also, the fact that I had to not allow my father to hear about my plans to transfer to a four-year school had bothered me.

This all goes even further than me buying a car when my parents have tried not to allow me to have one. If they had treated me normally and given me all the privileges that my brother had, then there would've been no need for me to attend the video game and My Little Pony events that had left me with so much trauma. I wouldn't have had to forcefully transfer to NJIT after exhausting all possible options and finding that it was impossible to leave my parents' house otherwise. My brother and his wife have gone to so many places and my parents lost it when I just went to Baltimore and back.


Bitcoin Event Gemini Exchange | Cameron and Tyler Winklevoss | Finance | Facebook| 11/09/2020 - Dicas sobre Bitcoin - mais rápido rápido

https://allbitcoin.com.br/2020/11/09/bitcoin-event-gemini-exchange-cameron-and-tyler-winklevoss-finance-facebook-11-09-2020-dicas-sobre-bitcoin-mais-rapido-rapido/?feed_id=27292&_unique_id=5fa9d10e4a0c7

Interesting Bitcoin Factoid

The amount of money in bitcoin when bitcoin hits eighteen thousand one-hundred and fifty will be the same amount of money as when bitcoin went over twenty thousand in Dec. 2017, thanks to newly minted bitcoin.

This time it is not a crazy event, just a steady march. Nice to see.


INT Mainnet 4.0 – Exploring Smart Contract Application

https://preview.redd.it/01z95tzhd6y51.png?width=900&format=png&auto=webp&s=f790a6044e0d915e23f8b543591ce65d6c16331a

In our last article, we introduced WASM-related issues during INT Mainnet 4.0 development. In this article, we will discuss the application of smart contracts.

In the cryptocurrency world, we define smart contracts as applications or programs that run on the blockchain. Generally, they are a set of digital protocols with specific rules, which are enforced on the network. These rules are predefined by computer source code, which is copied and executed by all network nodes. The Bitcoin protocol supports smart contracts, and it has become even more popular since Vitalik Buterin, the co-founder of Ethereum, made Ethereum the most advanced platform to support them. Smart contracts have many features such as being deterministic, real-time, autonomous, observable, verifiable, and decentralized. Also, smart contracts have broad application prospects in digital payments, financial assets, cloud computing, the Internet of Things, and the shared economy.

Digital identity

Smart contracts allow users to build user-centric personal networks with their digital identity, such as personal digital reputation and digital assets. The NBA Nets players Spencer Dinwiddie issued the first personal crypto bond of a professional player in history, which we now refer to as a "social token”. Among the social tokens, WHALE, with the highest market capitalization, is worth more than $43 million. When diluted, it has a market capitalization of over $100 million. Smart contracts can also specify which personal data could be shared with others, automating the processing of records, improving data transparency and reducing service costs.

Security

The securities process is digitalized based on smart contracts. It used for capitalized equity structure management and greatly simplify its process, such as supporting private companies to pay dividends, stock splits, and liability management automatically. Blockchain securities company (Symbiont) promotes the use of encrypted blockchain signatures for stock certificates.

Finance trade

Smart contracts simplify international commodity transfers process for higher asset liquidity. Initiating credit certification and trade payment process automatically will create a more efficient and less risky process between customers, suppliers and financial institutions. In addition, smart contracts ensure transaction security. When the condition triggers the execution condition of the smart contract, it is automatically executed according to a previously target and cannot be withdrawn or terminated once executed, thus ensuring the safety of both parties' assets. In the event of a conflict, these immutable records can be used to trace the execution of the contract at that time and provide strong evidence for conflict resolution.

Internet of Things

Using smart contracts to create a service market between devices and create a decentralized and shared economic application that not only protects privacy but also reflects the value of digital assets, while promoting the sharing of services and resources. At present, Internet of Things (IoT) includes billions of nodes that share data through the Internet, applications that integrate the IoT, blockchain, and smart contract, physical devices supported by the IoT or personal properties. Currently in China, people can rent, sell or share some devices, such as shared bicycles, shared power banks, and shared cars, without intermediaries.

Supply-chain

Smart contracts can provide greater visibility for every cycle in the supply chain, simplify multiple institutional systems, coordinate with IoT devices, track managed assets and products, and reduce the risk of fraud and theft. For example, Everledger and IBM have used blockchain in the supply chain to increase its visibility.

Smart insurance

Insurance contracts under the smart contract system are all digitized, stored in the blockchain ledger, and cannot be tampered with. At the same time, the insurance claims process is automated to improve the efficiency of processing. Insurance business based on smart contracts can provide intelligent customization services, which can automatically match the best insurance plan according to the type of insurance, time, term, claims history, etc., greatly reducing the service costs of the traditional insurance industry. For example, we can use smart contracts to record driver conditions, driving records, laws and regulations. When a traffic accident occurs, relevant data is automatically uploaded to the Internet, and the contract automatically executes the process of verification, claim and compensation. The insured’s driving records, vehicle conditions, and past accidents are all recorded in the database. The smart contract automatically retrieves relevant data to process insurance events.

Distributed computing

Distributed computing based on smart contracts has broad application prospects and practical significance. There are tens of thousands of nodes with computing power around the world that access digital currency networks (such as the Bitcoin network) for mining. A distributed computing network can intelligently match nodes (computing resource suppliers) and customers (computing resource demanders), fully develop and utilize existing network computing resources, simplify computing service process, and reduce computing service costs.

2020 witnessed the birth of many well-known Defi projects across a wide range of industries, but the core of the projects were all liquidity mining projects based on smart contracts. Uniswap, a decentralized exchange, breaks the dependence of users on centralized exchanges, and will be more widely used in the future for more specific and detailed places. In addition, the NFT (non-fungible tokens) involved in the field of encrypted collections and the social tokens are gradually getting more development opportunities, and these specific applications are also good development directions.

Conclusion

We are upgrading the performance of INT mainnet 4.0, which will be faster, have lower fees, be suitable for high-frequency trading, and enable the development of more complex smart contract applications. We look forward to developing different types of smart contract applications in different use-cases and industries in the INT ecosystem to fulfil specific development needs, solve practical problems, and aim for wider application adoption.


100x Ventures (BitMEX) invests in VCC Exchange

100x Ventures investment fund, formerly BitMEX Ventures, the investment arm of BitMEX, poured capital into the VCC Exchange.

VCC Exchange (VCCE) (part of VCC Holdings) announced that it received a $ 1.5 million investment from 100x Ventures, the 100x Group's investment arm, best known as is the operator of the world's leading digital asset derivative exchange, BitMEX. The investment deal is expected to be completed by the end of this month.

https://preview.redd.it/7xfmb3uxz5y51.jpg?width=960&format=pjpg&auto=webp&s=6da78856d853695895de463a1bfd1292f60ba0d6

100x Ventures (BitMEX) invests in VCC Exchange

The event "Vietnam Blockchain Startup 2019" organized by VCC Exchange

This investment will allow VCC Exchange to build a market leader and capitalize on the growing popularity of transactions in Vietnam, which will primarily be used for marketing and product development activities.

Multi-user page: bitcoin to paypal

VCC Exchange will begin with the launch of the OTC P2P Trading platform, along with an upgraded version of the website and mobile app. In the near future, VCC Exchange will target other breakthroughs such as the integration of Credit and Debit Cards and derivative transactions.

VCC Exchange, originally supported by Signum Capital and Axiom Associates, is a prominent startup in the digital assets and Blockchain technology fields. In addition to providing digital asset transactions with each other (cryptocurrencies) like regular exchanges, VCC Exchange also offers Vietnamese users the ability to trade between digital assets and fiat money.

This makes VCCE a most popular crypto and fiat currency exchange for Vietnamese users. The company's decision to cooperate with the 100x Group opens a huge opportunity for the long-term development of the digital asset industry in Vietnam.

Particularly for VCCE, they project average daily trading volume on the exchange to increase 500% over the next 24 months, especially as it accompanies the upcoming launch of P2P Trading.

“It is an honor that VCC Exchange has been interested by many investors and offered to invest at the same time,” said Son Ho - CMO of VCC Exchange, “However, VCC Exchange chose 100x Group as their home. Invested in because there are many things we can learn from their operating experience, especially with the prestigious BitMEX platform ”.

Arthur Hayes, CEO and Co-Founder of 100x Group, said, “Vietnam has the potential for explosive growth in this market with many positive points about the legal development of the industry since last year, and VCC Exchange is one of the key players in the market.

Our investment in VCC Exchange demonstrates our support for the corporate team, its technology and users, as well as the long-term growth outlook for the digital asset sector in Vietnam. ".

Arthur Hayes

Arthur Hayes, CEO and Co-founder of 100x Group

Prior to this investment round from 100x Group, VCC Exchange has successfully mobilized seed funding, led by Signum Capital and other investment funds such as Axiom Associates.