SpiderWeb ($ARAC) - Quick Fundamentals - Security Features

Hey Spider-Mites,

Today, we will start off with a Quick Fundamental guide on the Security Features of SpiderWeb ($ARAC)! This will be a quick guide to highlight the key points and features within our security features for you to better understand just "How" we intend to protect the information, and "Why" it will be far more secure than the traditional methods used today!
This project was built with the aim to reduce both cost of traditional web hosting and traffic while maximizing focus on providing security as it has become a rampant issue amongst users, both business and personal alike!

Let's Begin!

Spiderweb ($ARAC), is/will be composed of self-built private nodes and public nodes of P2P resources, in essentially 3 tiers, to form a web of decentralized IDC infrastructure:

Tier Structure

For heightened security, Spiderweb ($ARAC) has a built in proactive/passive AI which monitors all traffic and also uses the same SHA256 encryption method as Bitcoin nodes, SO incase of failure or intrusion/hacking events, it will automatically relay and/or retrieve information between other nodes, so that data security is guaranteed! (see photos below!)

Your personal nodes (SDN - See White Paper for more details) will hold about 49% of you data, while the other 51% is fragmented on all other nodes within the network, and the process to rebuild ANY loss data from any POSSIBLE failure events will be easy as well so that users can operate without worry!

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After SHA256 encryption fragments your data into 100 pieces, it will store it across 100 initial nodes across the network so, with these exciting and amazing features, you can be sure that you can go about your business with a peace of mind!

(SpiderWeb ($ARAC) will also incorporate an eco-friendly and energy-efficient consensus mechanism called "Proof of Use" (PoU), which will be used as a means of reward verification as well!)

(**See the NFT Collection Launch post for more details!**)

Thanks everyone for taking the time to understand our Security features! Once again, for a more detailed explanations of this, please visit our #WhitePaper here: https://discord.gg/TmhneY5SEu !
Hope everyone has a great day and let's weave a brighter future together!

Remembering Ryan Biggs aka Delete / Twitch Stream 2021

Still can not believe the news about Ryan passing away. Remarkable sound engineer who set a new standart to the raw sounds for so many artists. Besides few of his sets I had a chance to meet him once at the airport in 2019 since he was flying the same plane from Prague to Amsterdam. He was so friendly and humble you would not even believe how big he is the scene.

In 2021 he made an announcement on social media explaining his situation, following a twitch stream. Unfortunately I missed it and I would greatly appreciate if anyone of you who watched it will be willing to share what was going on in Ryans life. I read some conversations on reddit about Ryan losing lots of money on bitcoin, about alcohol problems but not sure what is true or not what were the other tragic events that happened to him which he mentioned in the announcement aswell.

Thank you for your time and for sharing what you know to bring some more light about what he was going through. Also I really want to avoid spreading fake news and gossip about him.

RIP Ryan, I hope your mind is finally free

Instant Free £10 of Bitcoin from Luno - No deposit or purchase necessary

Bitcoin Pioneers are a group of people who work in association with Luno to support Bitcoin adoption in the UK. We give away free Bitcoin so people can try out Luno’s app/website without having to buy anything. My code gives you £10 of Bitcoin when you sign up to Luno (UK & 18 and over). You don’t need to deposit any money using my code (a regular Luno referral code requires a £100 purchase of crypto to get the bonus).

You are free to do what you want with your Bitcoin. Luno’s app is easy to use - you can buy or sell crypto with a few taps. It’s free to buy or sell crypto when you use a limit order on Luno’s ‘Exchange and it’s free to deposit and withdraw GBP from Luno. Features

If you are interested in learning more about Bitcoin Luno give you free access to a Bitcoin webinar. The webinar includes a Q&A and isn’t just for beginners, so if you already know something about Bitcoin you may still find it interesting. The next webinar is on 24th May at 6.00pm.

Non-referral link

Steps:

1. Sign up with Luno’s app or at Luno.com
2. Get your account verified (photo ID) - accounts are usually verified in minutes.
3. Tap the ‘Rewards’ tab, enter code BPKSTEELE10 and your £10 of Bitcoin is instantly credited.

If you have any questions just let me know.

Instant Free £10 of Bitcoin from Luno - No deposit or purchase necessary

Bitcoin Pioneers are a group of people who work in association with Luno to support Bitcoin adoption in the UK. We give away free Bitcoin so people can try out Luno’s app/website without having to buy anything. My code gives you £10 of Bitcoin when you sign up to Luno (UK & 18 and over). You don’t need to deposit any money using my code (a regular Luno referral code requires a £100 purchase of crypto to get the bonus).

You are free to do what you want with your Bitcoin. Luno’s app is easy to use - you can buy or sell crypto with a few taps. It’s free to buy or sell crypto when you use a limit order on Luno’s ‘Exchange and it’s free to deposit and withdraw GBP from Luno. Features

If you are interested in learning more about Bitcoin Luno give you free access to a Bitcoin webinar. The webinar includes a Q&A and isn’t just for beginners, so if you already know something about Bitcoin you may still find it interesting. The next webinar is on 24th May at 6.00pm.

Non-referral link

Steps:

1. Sign up with Luno’s app or at Luno.com
2. Get your account verified (photo ID) - accounts are usually verified in minutes.
3. Tap the ‘Rewards’ tab, enter code BPKSTEELE10 and your £10 of Bitcoin is instantly credited.

If you have any questions just let me know.

Lighthouse loot nerf?

This is just bro science, but lighthouse has been my main map this wipe and since the event started has anyone else noticed decreased valuable loot spawns? Especially in Chalet and the village, I used to find way more graphics cards and bitcoins, haven’t found a single of either since the event started

LAYERS OF A DEFI PROTOCOL.

Every system is comprised of different parts and DeFi is no exception. Its system is designed in layers that are responsible for various processes and enable the smooth functioning of transactions and contracts. 

Decentralized finance is based on 5 layers: 

The first one is the settlement layer, the Ethereum blockchain that serves as the foundation for writing code and designing applications. This is the base layer used for the system to run, it would be impossible for DeFi to exist without the blockchain. 

This is due to the importance of the protocol layer — which is written on blockchain standardized codes (protocols). The protocol layer is responsible for programming applications and governing specific activities or tasks. Protocols enable the creation of the asset and the application layer.

The most popular DeFi protocols

Now that we have a better understanding of DeFi protocols, it is time to get familiar with the main types, their functions, and features. 

As mentioned above, DeFi protocols are represented by user-friendly decentralized applications that provide access to financial services allowing several market players (buyers, sellers, lenders, or borrowers) to be involved at the same time on peer-to-peer conditions.

Here are some of the most well known DeFi protocols: 

• Decentralized Exchange (DEX): a platform used for trading different currencies (national and crypto), e.g. exchanging the U.S. dollar to Bitcoin and vice versa. Like all DeFi protocols, DEX links users directly without intermediaries. The leading ones are Uniswap, Binance, and Balancer.
• Decentralized Lending / Borrowing Platform: these networks enable market players to lend and borrow money using smart contracts, in which the terms and conditions are set before the transaction. Thus, a borrower is obligated to repay a loan by a deadline and an investor earns interest. As smart contracts execute loans, third parties are eliminated from such transactions. This makes for more favorable terms such as lower rates and no bank fees. Some popular examples are: Aave, Compound, and MakerDAO.
• Decentralized Insurance Platform (DIP): This project emerged because of numerous cases of fraud and malfunctions during transactions. These platforms are an alternative to traditional insurance. It aims to lower users’ risk in these situations and to protect their digital assets. The terms are the same — a market player is charged for a service and provided with this insurance in case of situations like smart contracts bugs or hacker attacks. DIP offers various use-cases such as crypto wallet insurance, smart contract cover, collateral protection for crypto-backed loans, etc. Nexus Mutual, Etherisc, and VouchForMe are some leading decentralized insurance providers.
• Decentralized Prediction Market (DPM): a platform that gathers people who are willing to buy predictions rather than products or currencies. Users can bet on future events by buying those shares that align with their predictions. You can buy shares of everything from tomorrow’s weather to presidential elections. It is a modern way for the bravest and riskiest market players to try their luck and earn some extra money. Augur and Gnosis are two market leaders.
• Asset Management Tools: is a protocol created for users who want to make investments, but due to a lack of knowledge need help. Thus, the investor is exposed to, according to the platform, the best possible investment strategies. Upon choosing their strategy the platform takes over and runs the process. Currently, the leading asset management solution is Set Protocol

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Pharaoh’s Sceptres on the verge of a MASSIVE breakout. Deep-Dive 🧐🎓

TL:DR - Buy Sceptres like Bitcoin. Now.

New “Pharaoh’s Sceptre (Uncharged)” was added a few days ago with extra charges for diary tiers. Coincides with the new Raid at new desert pyramid. Yet to be launched.

Trade limit - 10k every 4 hours.

Only about 10k of them were traded in the first days following launch. At best - those looking to accumulate only got about 5k of them stashed - max.

We are now 2 full days into trading FLAT into a sell-wall at 4.49M.

Pull up the chart! Buy pressure has been slowly grinding from 4.2m to 4.44m while the sell level has frozen at 4.49m. There is currently a 15k spread after GE tax - flippers can no longer participate profitably!

LET’S DO SOME MATH!

With 5k sceptres ABSOLUTE MAX (likely half of that) sitting on that 4.49M sell-wall - we have seen 1.5k average trading volume for the past 2 days.

We can assume ~750 sceptres bought each day at the sell-wall. 1500 down so far.

THE THEORY:

I’m implying that there are only a couple days before sceptres break that 4.5M resistance level and go for an absolute blue-sky breakout.

“But wait” - you say! “That sounds risky! The new sceptres can hold 100 charges so demand will surely dwindle! Who’s to say they continue trending up anyway?!”

That IS my main risk factor - the amount of charges. However - I’m looking to close this position in a week or so - assumably before the event even launches. I’m taking this trade from a technical, mathematical perspective based on volume and price action.

If my short-term play fails, I expect enough buy-pressure at Raid launch to ensure a profitable exit.

I give this a 90% home-run rating. As such, 80% of my bank is currently in sceptres and I’m still buying above 4.4M with the rest of these anonymous cowboys that I see placing bulk orders.

Fortune favours the brave. Not RS financial advice. See you on the exchange 😉