Thursday, July 23, 2020

Knowing DSP in 3 Minutes (Network)-DNS(Part3)

https://preview.redd.it/59xaz914blc51.png?width=2400&format=png&auto=webp&s=b75c583cae06df49be41fd2db533a6f85dfd42c9

The Future of Decentralized DNS

The Rise of Decentralized DNS

Since Satoshi created Bitcoin in 2009, a large number of colored coins based on Bitcoin technology have emerged. Some of these projects store the domain name in the block as a key/value, and can expand additional data and trade it as a digital asset. The decentralized blockchain network and computing power guarantee solve the centralization risk that has plagued the DNS system for a long time. At the same time, because it does not require permission and anti-censorship characteristics, it has become an effective way to bypass supervision and once became a popular project in the market. It has also become the top 10 star project by market value.

DNS in Smart Contract

As smart contracts are widely adopted in new projects such as Ethereum and NEO, programmable contract-type DNS have appeared in various projects. DNS contracts generally provide domain name registration, management and query in a standard interface mode. It is a distributed, open source and scalable domain name mapping service. With the addition of contract scalability, specific service entities such as addresses, paths, id, and content that can be marked in the network can be mapped into a set of naming rules to achieve the reachability of ecological services within the network.

Simple contract domain name information:

​

https://preview.redd.it/mcbrpzb5blc51.png?width=680&format=png&auto=webp&s=46effc84393526f1b45fe5aeca08e6bc493ee634

DNS Dilemma

Although decentralized DNS has solved many central service problems, it is also caught in the predicament of the DNS ecosystem. Since decentralized DNS is used as a path channel, it does not actually have any added value. As a separate blockchain, there has been no ecological model. At the same time, the centralized DNS service as the object of innovation, due to the rise of the mobile Internet, The value of the domain name system has dropped again and again. Although the DNS of the blockchain can map more entities, due to the drastic changes in user access methods, concise and understandable string addresses are not a strong demand in the ecology, and because of the boundary barriers of the blockchain itself , So that DNS cannot radiate to other chains except the chain where it belongs. For example, a set of QQ numbers is valuable, and no one will pay for the alias of this QQ number. In the final analysis, the domain name system is a proxy for resources. The resources themselves gain value because of the strong chain network ecology, and the pronouns only depend on resources. Therefore, most DNS projects gradually lose their ecological vitality and even disappear.

Direction

We mentioned earlier that DNS can effectively guide access traffic in a distributed network environment, shielding the complexity of the underlying network and changes in service addresses. It is an extremely efficient resource addressing method. Although centralized DNS has various problems, the technical transformation of DNS through decentralized ledger and content-centric naming rules may be the future development direction of the domain name system.

Decentralized Ledger

First of all, DNS under smart contracts is still promising. It not only solves most of the security risks, but also greatly improves the timeliness and scalability of service diversion. Through the multi-level DNS ledger, the traditional DNS and the resource entities on the blockchain can be linked, and different information can be pushed for different protocols, different individuals, and different regions. The upper-level application can even extend the contract by itself and customize the mapping required for the service. relationship.

Content-centric Naming Rules

The current Internet architecture is an addressing mode with address as the core, and a network address model based on TCP/IP, which facilitates the addressing of network hardware, but it has become a major drawback in the current network evolution. For example, in the field of mobile communication, content creators quickly traverse different networks, and P2P applications that are separated from the operator's core network cannot continuously address and route specific content. Moreover, different types of participants, such as mobile phones, computers, IOT devices, etc. cannot be distinguished by IP addresses.

​

https://preview.redd.it/yqa6vcb6blc51.jpg?width=326&format=pjpg&auto=webp&s=b0676bd2f19c11f4b46babfacb5a41213dcde331

Based on the above problems, a content-centric naming rule came into being. By naming, extending, signing, addressing and routing the content, combined with efficient DNS network access methods, the traffic can be quickly and accurately guided.



Weekly general discussion - July 23, 2020

Welcome to the weekly general discussion thread of /r/btcsv! Thread topics include, but are not limited to: General discussion related to the weeks events, questions that don't deserve their own thread. Please discuss prices in the Weekly Bitcoin markets and price discussion thread.


An Article on the State of DAOs - where we stand today and how the term is being used

Since 2016 and the fall of the DAO project, spotlights on DAOs have silently faded until 2019, when it started to gain traction again. During this period of what we call the ‘winter of DAOs’, there was and there still is a general sense of trauma revolving around DAOs and the idea of decentralizing organizations with the help of smart contracts.

In the ‘Beginners Guide to CBDAO’ article, we have explained the term DAO, in layman’s terms, to be an organization which is governed and managed by all members as opposed to having a select few entity or individual(s) governing and making executive decisions indefinitely.

However, this definition does not do justice to the overall concept of DAOs. There exists some room for debate as to what exactly a DAO is and how it operates. Philippe Honigman from DAObase states that each of the words in the term DAO, “can be interpreted in many ways, spawning different definitions of DAOs with emphasis on one aspect or another”.

For instance, the word ‘decentralized’ in the term ‘DAO’ may contain varying meanings as the word does not fully indicate or consider the level of decentralization used on its consensus protocol (these levels are described in the Beginners Guide to CBDAO article). Honigman (DAObase) describes the word ‘decentralized’ to have two varying meanings when it comes to DAOs and these are:

  • The DAO is decentralized because it runs on a decentralized infrastructure.
  • The DAO is decentralized because it’s not organized hierarchically around executives or shareholders, and it does not concentrate the power around them.

As such, it is not right to assume all DAO projects to be completely ‘decentralized’ and ‘autonomous’.

So what exactly is a DAO and how can we better describe the term?

To be able to better understand the term, we will have to briefly learn about the history of DAOs and how they emerged. The concept of DAOs were first introduced by Dan Larimer back in 2013 as he was describing Bitcoin to be a ‘Decentralized Autonomous Corporation’, whereby its shareholders would be the holders and its employees would be the miners.

For something to be considered a ‘DAC’, it must have the following measurements met:

  • A DAC must not depend upon any single individual, company or organization to have value.
  • A DAC cannot control a private key because it cannot hold secrets. Its operation must be entirely independent of any actors with secrets.
  • A DAC must not depend upon any legally binding contracts or laws such as copyright or patents.

DAOs work in the similar sense that:

  • It should not depend upon any single individual, entity or organization to have a value.
  • Its operation (governance) must be independent of pressures from an individual, entity or organization.
  • It should not depend upon any legally binding contracts or laws.

Now that DACs were a ‘thing’, the blockchain community moved on to discuss about how these DACs could be governed better. Here’s where Vitalik Buterin (Founder of Ethereum) first introduced the idea of a resource-democracy voting mechanism, while he was still working as a writer on the Bitcoin Magazine.

“We can use some kind of resource-democracy mechanism to vote on the correct value of some fact, and ensure that people are incentivized to provide accurate estimates by depriving everyone whose report does not match the “mainstream view” of the monetary reward.” — Vitalik Buterin

As such, an incentivized governance protocol was first introduced for DACs. Ever since, many different types of consensus protocols have emerged and DACs have evolved to become DAOs.

Philippe from DAObase explains that as of today, there are two dominant types of DAOs — protocols and collectives.

“Protocol DAOs enable interested parties to make collective decisions regarding the critical parameters of a crypto-network based on an open-source protocol: blockchain protocols such as Tezos or Decred, financial protocols such as Compound, DeversiFi or Maker.

Collectives are closer to traditional organizations: They have a smaller number of active members and a wider range of activities than protocol DAOs. 1Hive, dOrg, or MetaGame are examples of collectives that use DAOs to be more transparent, more open, more flexible and fairer towards their members than usual corporations.”

He further indicates that “there is no such thing as a pure “Decentralized Autonomous Organization”. DAOs are imperfectly decentralized, very moderately autonomous, and hardly comparable to organizations in the traditional sense”.

DAOs are less a thing than a gradual, dynamic process. — Philippe Honigman

​

Here are two videos you should watch to provide yourself with a better understanding of the term. In these videos, Aragon and DAOstack both try to explain what a DAO is and how they operate. Notice that there is a difference in their tone and explanation of the overall concept of DAOs. Aragon explains it to be a ‘fight for freedom’ in decentralizing what can be and should be decentralized whilst DAOstack describes it to be more of a ‘collaborative experience’.

https://www.youtube.com/watch?v=AqjIWmiAidw

https://www.youtube.com/watch?v=25wtmzBG1Yg

​

If you are still unsure about DAOs, it is recommended that you read the following articles which comprehensively covers the concept and definition of DAOs.

What can we do with a DAO in 2020?

What is a DAO? An attempt to clarify a complex idea

Bootstrapping A Decentralized Autonomous Corporation: Part I

DAC Revisited

How the term DAO applies to Coin Breeder

Coin Breeder DAO (CBDAO) can be seen as a hybrid of the protocol-type and the collective-type of DAOs, whereby it functions just like a traditional organization with the ability to make collective decisions regarding the critical parameters of the crypto-network ($BREE token) with an open-source protocol (the $BREE token smart contract).

As Philippe explains above, “there is no such thing as a pure “Decentralized Autonomous Organization”. This statement can be similarly applied to CBDAO in the sense that complete ‘decentralization’ and ‘autonomy’ can’t be met due to the nature of the $BREE tokenonomics — e.g. determining farming rates for each governance asset (an off-chain oracle and manual review is required). However, attempts to reach pure ‘decentralization’ and ‘autonomy’ are in the scopes of our roadmap and it should be noted that it is indeed one of our core priorities (roadmap can be viewed here).

CBDAO’s Role in Researching DAOs

CBDAO will serve as the ultimate sandbox for DAO and blockchain researchers, developers and users to proof-test and experiment various consensus protocols on DAOs. Our main focus will be in experimenting consensus protocols and voting mechanisms to solve existing challenges and vulnerabilities in regards to governing DAOs (some of the issues have been outlined here). CBDAO will be publishing quarterly reports on these experiments, highlighting what we have learned and how things could be improved. Our ultimate goal and mission is to provide a wide range of fundamental reference points for future researchers and developers to save their time and risk less on experimenting and proof-testing various consensus protocols on a DAO. CBDAO will evolve with the community as we collectively experiment, learn and grow together.

​

Original Article Can Be Found On: https://medium.com/@coinbreeder/the-state-of-daos-1aecba88d9ed



Bitcoin SV Educates Chinas Largest Developer Community (current BTC/USD price is $9,518.39)

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Bitcoin Association Appoints two new Asia Ambassadors to Advance Bitcoin SV (current BTC/USD price is $9,522.22)

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Bitcoin Association Appoints two new Asia Ambassadors to Advance Bitcoin SV

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Your Pre Market Brief for 07/23/2020

Pre Market Brief for Wednesday July 23rd 2020

You can subscribe to the daily 4:00 AM Pre Market Brief on The Twitter Link Here . Alerts in the tweets will direct you to the daily 4:00 AM Pre Market Brief in this sub.

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Stock Futures:

Wednesday 07/22/2020 News and Markets Recap:

Thursday July 23rd 2020 Economic Calendar (All times are Eastern)

(JOBLESS NUMBERS TODAY)

News Heading into Thursday July 23rd 2020

NOTE: PLEASE DO NOT YOLO THE VARIOUS TICKERS WITHOUT DOING RESEARCH. THE TIME STAMPS ON THE FOLLOWING ARTICLES MAY BE LATER THAN OTHERS ON THE WEB. THE CREATOR OF THIS THREAD COMPILED THE FOLLOWING IN A QUICK MANNER AND DOES NOT ATTEST TO THE VERACITY OF THE INFORMATION BELOW. YOU ARE RESPONSIBLE VETTING YOUR OWN SOURCES AND DOING YOUR OWN DD.

  • BIOL ($0.45) BIOLASE Announces Closing Of Oversubscribed Rights Offering
  • ENTX ($3.54) Entera Bio Announces Highly Encouraging Oral PTH Market Survey Results
  • INUV ($0.57) Inuvo Announces Proposed Public Offering of Common Stock
  • DRIO ($7.25) reported 8 new insider (buys) trades to the SEC
  • ALGN%20today%20announced,for%20Invisalign%20and%20iTero%20doctors.&text=The%20goal%20of%20ADAPT%20is,Invisalign%20doctors%20and%20their%20staff) Align Technology Launches the Align Digital and Practice Transformation (ADAPT) Program for Invisalign and iTero Doctors Globally
  • SNY Shipments of Sanofi flu vaccine underway
  • REI ($1.31) Ring Energy on the rise after July production boost
  • SENS reported (15) new insider trades (acquisitions) to the SEC
  • SPOT Spotify, Universal Music To Collaborate On Former's Long-Touted Marketing Tools As Part Of New Licensing Deal
  • The Law Offices of Frank R. Cruz Announces Investigation of FirstEnergy Corp. on Behalf of Investors (FE)
  • LLNW Limelight Networks Announces Proposed Private Offering of $100 Million of Convertible Senior Notes
  • PIRS ($3.00) $5,605,000.00 of shares sold by Aquilo Capital Management, Llc (10% Owner), reported in a new form 4 filed with the SEC
  • PDSB PDS Biotech files for $100M mixed shelf
  • GNFT ($5.42) Genfit bails on elafibranor in NASH
  • Montage Resources Divesting Wellhead Gathering Infrastructure for $25 Million, Announces Preliminary Second Quarter 2020 Production Performance, Lowers Full Year 2020 Capital Spending Guidance. Montage Resources trims full-year capex forecast (MR)
  • WHR Whirlpool Corporation Reports Resilient Second-Quarter 2020 Results, Despite Impact of COVID-19 Crisis
  • CCL Princess Cruises Extends Pause of Select Global Ship Operations Until December 15
  • METC ($2.24) Ramaco Resources Announces New Marketing Arrangement with Square Resources
  • GDP ($7.05) Goodrich Petroleum To Participate At Upcoming Event
  • AUPH ($15.60) Aurinia Announces Public Offering of Common Shares
  • NVDA Nvidia Is Reported to Be Interested in Buying SoftBank’s Arm Unit
  • PFE President Trump touts Pfizer and BioNTech coronavirus vaccine: ‘We think we have a winner’
  • MRCY Mercury Systems Receives $11.7M in Digital RF Memory Jammer Orders from U.S. Navy
  • ADPT $80,000,000.00 of shares sold by Goel David E. (Director), reported in a new form 4 filed with the SEC
  • ALXO ($29.36) $7,600,000.00 of shares acquired by Lsv Associates, Llc (10% Owner), reported in a new form 4 filed with the SEC
  • MTH Meritage Homes reports record second quarter 2020 orders 32% higher than prior year; 78% increase in net earnings driven by 20% revenue growth and strong margin improvement
  • SAVE Spirit Airlines’ Loss Is Worse Than Expected and Demand Trends Remain Choppy
  • BJ BJ’s Wholesale Club Announces Plans to Open Two New Clubs in New York
  • DFS Discover Financial Services Reports Second Quarter Net Loss of $368 Million or Per Diluted Share
  • SPWR%20will%20discuss,1%3A30%20p.m.%20Pacific%20Time) ($9.89) SunPower to Announce Second Quarter Results on Aug. 5, 2020
  • EAF ($6.80) GrafTech Announces Increased Float through Consortium Stock Distribution
  • MSFT Microsoft Reports Q4 Earnings Beat, Cloud Revenue Up 17%
  • MSFT Microsoft Shares Drop as Azure Cloud-Services Sales Slow
  • MSFT Shares wobble on fear of worsening U.S.-China ties; gold surges
  • AMZN Amazon India Partner’s Bonds Slump After Missed Payment
  • TSLA Tesla stock soars more than 5% after company reports surprise Q2 profit, on track for S&P 500
  • TSLA Tesla Turns A Profit In Q2, Qualifying For S&P 500; 2020 Delivery Goal 'More Difficult'
  • TSLA Musk Promises ‘Giant Contract’ for Efficiently Mined Nickel
  • TSLA Tesla chooses Texas for new Cybertruck factory
  • Tesla lawsuit accuses rival of stealing staff and trade secrets TSLA, AMZN, BABA
  • HPE Orange Demos Dynamic, Self-Healing 5G Network Slice Management With HPE and Casa Systems
  • WKEY WISeKey Provides IoT Birth Certificates
  • MTP Midatech Pharma Announces Corporate Update & Formal Sale Process Termination
  • MRNA Medidata Supports Moderna’s COVID-19 Vaccine Clinical Trials with Rave Clinical Cloud Platform
  • PRVL Prevail Therapeutics to Highlight Multiple Gene Therapy Programs for Neurodegenerative Diseases at the Virtual 2020 Alzheimer’s Association International Conference
  • US Department of Defense awards new contracts to (LDOS. NOC, LMT, LHX)
  • PSMT reported 8 new insider acquisitions to the SEC
  • GS Struggling Debt Investors Face Tough Choices on Delayed Payments
  • SE, BABA Top Fund Manager Hunts for the Next Alibaba in Southeast Asia
  • Aurinia ($15.60) Prices US$200 Million Public Offering of Common Shares
  • BA China’s Comac Gets a Chance to Narrow Gap With Airbus and Boeing
  • GS Goldman CEO Urges More Spending Amid Tussle Over New Relief Bill
  • Steve Wozniak Sues YouTube Over Twitter-Like Bitcoin Scam (GOOG, TSLA, MSFT, AAPL)
  • BLK BlackRock’s Fink Sold $24 Million of Stock as Insider Sales Rise
  • TSN Frozen U.S. Pork Supplies Fell in June, Exports to China Rose: Data
  • Amazon, Hulu Led Surge in Ads on TV to Exploit Loss of Sports (AMZN, NFLX, T, DIS)
  • CZR reported 19 new insider trades to the SEC (Looks to be all Sells but verify)
  • XOM Hibernia gradually resumes production after weekend fluid spill forced shutdown
  • Asian Junk-Rated Corporates Get Downgraded at Record Pace
  • RBNC reports 20 insider buys to the SEC.
  • X ($7.49) U.S. Steel poised to restart Gary Works blast furnace
  • MVIS ($2.18) MicroVision To Announce Second Quarter 2020 Results on August 5, 2020
  • AUTO ($1.51) AutoWeb to Hold Second Quarter 2020 Conference Call on Wednesday, August 5, 2020 at 5:00 p.m. ET
  • SPNE ($9.84) SeaSpine to Report Second Quarter 2020 Financial Results on August 4, 2020
  • SBOW(4.04) SilverBow Resources Schedules Second Quarter 2020 Earnings Release and Conference Call
  • VKTX ($6.83) Viking Therapeutics to Report Financial Results for Second Quarter 2020 on July 29, 2020
  • NDLS ($6.45) Noodles & Company to Announce Second Quarter 2020 Results on August 6, 2020
  • INFN ($7.63) Infinera to Announce Second Quarter 2020 Financial Results on August 5, 2020
  • UIHC ($7.75) United Insurance Holdings Corp. Schedules 2020 Second Quarter Financial Results and Conference Call
  • APEX ($0.67) Form PRE 14A (other preliminary proxy statements) filed with the SEC
  • ATCX ($8.06) Atlas Technical Consultants Announces Date for Second Quarter 2020 Results
  • ASC ($4.01) Ardmore Shipping Announces Second Quarter 2020 Conference Call and Webcast
  • HMN ($38.31) Horace Mann to Announce Second-Quarter 2020 Financial Results on August 6
  • TPVG TriplePoint Venture Growth BDC Corp. to Announce 2020 Second Quarter Financial Results on Wednesday, August 5, 2020
  • BKEP Blueknight Announces Timing of Second Quarter 2020 Results and Conference Call
  • GOP considers extending unemployment benefit at reduced level of $100 a week through December
  • Pelosi says more aid directly to Americans is needed to support economic recovery
  • Wells Fargo customers say bank paused their mortgage payments without asking

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Macro Considerations:

Most Recent SEC Filings

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It is up to you to judge the accuracy and veracity of these headlines before trading.


Wednesday, July 22, 2020

What Is Bitcoin Cloud Mining? – A Detailed Guide In 2020 (current BTC/USD price is $9,510.50)

Latest Bitcoin News:

What Is Bitcoin Cloud Mining? – A Detailed Guide In 2020

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The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.