Wednesday, October 6, 2021

Oslo Freedom Forum 2021: Human Rights + Bitcoin, Event Recap

https://youtu.be/W9x0JFP_ytI

CLNE can't lose...It's such a No-Brainer 10-06-2021

If you help the Farmers, you'll get the Republican Politicians. And RNG is Green. For real! It's Carbon Negative. How many fuels are Carbon Negative? Wind and Solar are not even Carbon Negative. They're Neutral, almost.

RNG, If you use it, is a negative charge against a Corporations Carbon Footprint. If you use RNG, you've taken a naturally occurring gas in Animal Farming, Methane, (If you conclude that the consumption of Animal products for food, by Humans is natural and unavoidable for sustaining Human Life. A discussion for another time) You've stopped, this Methane gas from entering the environment which contributes to Climate Change.

Sequestering the Methane, in a way, before it gets into the atmosphere. You're Carbon Capturing, in a way, a pollutant and using it to create energy. Therefore, you are removing Carbon from the atmosphere and preventing it from going into the atmosphere.

Now here comes the pay off.

As public policies change, Corporations will become able to deduct the Carbon Credits, that will, eventually, become a tradable asset, like Bitcoin, from their Carbon Footprint. And, to accelerate this process, It's just a matter of time before Corporations will be able to make money by being Carbon Neutral because there will be a Tax, or Fee, that the Global Community will demand be paid for continuing to aid the destruction of the Global Ecosystem. This Tax or Fee will probably not become realized for at least 4 more years though. Not until the exponential growth of major weather events becomes obvious to the most uninformed in our society, and the global financial systems will become so stressed by the storms economic costs that action will finally take place.

On a side note;

Unfortunately we all live in a Crisis driven Society. Change is not logically driven, it's emotionally driven. People, society, can't handle the truth. Or doesn't want to.

When Mitt Rommey said, at the Republican National Convention in 2012, "Barack Obama wants to stop the oceans from rising", everyone in the audience just laughed, and laughed, and laughed. I wonder if they're all still laughing after Houston freezes and, Louisiana gets hit by 3 hurricanes this year, and a nice oil spill in CA? When Jimmy Carter, in 1979 said that the country needs to move to smaller cars and put solar panels on the WH, they voted him out of office and Ronald Reagen took the solar panels down as Nancy consulted with a Clairvoyant. Ah, the republican politician, forgive them Lord, for they know what they do. Debt Ceiling, hello.

Back to topic;

As powerful-finding-97 mentioned in a comment about my article of yesterday, CLNE is a Chess piece. And it is. And what's the end game? What does winning look like in this larger global chess game? In this Amazon-BP-Total-Chevron-UPS-WM-Cummins-Westport-CLNE, et al, Long Chess move strategy.

The Goal; The prize is;

ZERO CARBON FOOTPRINT FIRST!

That's Amazon's game. That's BP, Total & Chevron's play. Any Company that can advertise that it is Carbon Neutral, or on it's way to becoming Carbon Neutral, will get the customers, and the government tax subsidies & incentives. Just imagine you have a choice to buy at Target or Costco or Walmart or Amazon online, but Amazon is Carbon Neutral. Who gets the business?

Fight Back Guys, Fight Back...Stay above $8. RJC

[Wed, Oct 06 2021] TL;DR — Crypto news you missed in the last 24 hours on Reddit

r/Bitcoin

C_hase

Why does everyone think Bitcoin is so volatile? Just do this.

Comments || Link

PizzaOnTheRoof556

Think somebody can guess or accidentally get your seed phrase? Nope, and I’ll prove it with free money.

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disciplinedhodler

Ken Griffin

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r/ethereum

mahad3v9

AMC Theaters now accept Ethereum, Dogecoin and other cryptocurrencies - TheDailySats

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thecryptovantage

Visa’s Universal payments channel could be huge for Ethereum

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GamesInfluencer

‘Not Just Bitcoin’: Bank of America ‘Bullish’ on Ethereum, DeFi and NFTs

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r/CryptoCurrency

GroundbreakingLack78

My wife thought I’m cheating on her because I’m spending too much time on internet. She searched my browser history, now she thinks I’m addicted to drug called Bitocin.

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ultimatefighting

"Joe Biden Is Building a Coalition of 30 Countries To Address Illicit Use of Cryptocurrencies". The truth is that governments are uniting to try and derail cryptos under the guise of "protecting the people".

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roberthonker

A lot of new crypto investors are going to get burned big time when we enter the next bear market.

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r/btc

tralxz

The 5th largest US bank starts offering Bitcoin Cash custody service for investment managers!

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itsakandari

Twitter Spaces Event: WallStreetBets and Balancer on the worldwide launch of Exchange Traded Portfolios

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Egon_1

Blockstream confirms that no one is using Liquid besides their investors & no name exchanges 🤷‍♂️

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r/SatoshiStreetBets

shaitan_bhagat_singh

A litte of this is some good work the rest is speculation.

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GibsonJ45

Why MTV is going to go Parabolic in the Coming Days (Staking Analysis)

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mrsenthil

sec needs to wake up

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r/CryptoMarkets

lazywizard99

Shiba Inu soars, up by a whopping 15 million per cent in the past year -

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Mars_chego

Pandora Papers Leaks Expose Fiat Currency’s Soft Underbelly

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TobiHovey

Brazilian Lawmaker Aims to Make Bitcoin a Legal 'Payment Currency'

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r/CryptoCurrencies

jakkkmotivator

SEC Chairman, Gary Gensler Confirms That SEC Has No Plans To Ban Crypto, But Congress Could

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itango35

Please explain like I'm 5: Why I shouldn't set up a mining rig for ETH/BTC because of proof-of-stake in January/February.

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materialisticferret

hi! i have no idea what i’m doing

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r/CoinBase

Jimmybuckets24

Valuable Lesson on xSHIB vs SHIB

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Informal-Parsley1041

if your account gets hacked

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HabileJ_6

Brian Armstrong, CEO of Coinbase Emerge On 2021 Forbes 400 List

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r/binance

Few-Dig-3244

Crazy (shit/meme)coin volume...

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FitGovernment9319

Don’t use Binance card!!

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JoinUpp

👍

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r/Ripple

nvok

Congressman Tom Emmer (R-MN) challenges SEC Chair Gensler on regulation of digital assets - 10/4/21

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boramalper

Qatar National Bank (QNB) and Ripple partner to enhance cross-border payments

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nvok

Congressman Warren Davidson (R-OH) grills SEC Chair Gensler on crypto regulation, mentions XRP @ 2:23 - 10/4/21

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r/litecoin

mahad3v9

AMC Theaters now accept Litecoin and other cryptocurrencies - TheDailySats

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tchakd

10 years after creation, near 1/2 million active adress in 1 day and in constant progression. Guys it is a success. Our coin is massively used in the world and it progress. It is not a meme coin, but a real financial tool. Compare with the others coin... We dont desapear... We are face our adoption

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douglasherston

Sorry if already posted. PACSUN deal.

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r/Monero

mrherbichimp

Seen in Oakland!

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rottenwheel

Nothing to hide, nothing to fear*

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TakingChances01

Might as well call it the Monero bill.

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r/Stellar

familyhobbiesandcard

The remittance market across the world is growing and STELLAR is involved. Getting into cash based societies and providing them modern economic availabilities. Way to go STELLAR! Cheers everyone.

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sentient_atoms2718

13x increase in USDC on the stellar network. Anyone know what's up?

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DonnyCraft

The Case for CBDCs on Stellar - SDF Blog

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r/cardano

alexicek

Why do bitcoin maximalists have so much hate towards cardano?

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Thin_Environment6114

Here's another latest and yummy Partnership Announcement.

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Iceraven286

First DEX in action with Concurrency Solved

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r/NFT

BadBillyMedia

My first NFT - Self-Con.Tained V1 - more will be added to the series later!

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didiola

Solbusters is a collection of 10,000 unique NFTs living on the Solana blockchain. We provide a long term roadmap that benefits the community greatly throughout the entire project, by distributing 4 out of 5% of royalty into the community wallet. > Info in comments.

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Altcoin_Media

YetiArmy NFT will generate 6,666 unique Yeti Armies that are well equipped with enough ammo to take back the world from other mutated animal. Whitelisting Open

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Cardano Rumor Rundown October 6, 2021

Hey Everyone!

Let's go...

Newly covered today:

Remember! There is no mobile Daedalus wallet. There is no browser extension version of Daedalus. These are fakes! They will steal your ADA. https://twitter.com/InputOutputHK/status/1445380773096398853
A human readable address project is launching on Cardano on Saturday at 4pm UTC.https://medium.com/ada-handle/creating-a-fair-beta-launch-discord-community-is-live-7f580cd98235
Brazil is looking to follow the El Salvador example and accept crypto as legal tender with a new bill to be voted within days. While the crypto in question is BTC and not ADA, we can hope that the biggest market cap project is just our gateway drug. https://finance.yahoo.com/news/bitcoin-set-become-legal-payment-154644863.html

Previously Covered but still interesting:

The Essential Cardano List has grown even larger! https://github.com/input-output-hk/essential-cardano/blob/main/essential-cardano-list.md
There is now an Eastern Hemisphere Catalyst Town Hall every Thursday with Korean, Japanese, Vietnamese, and Indonesian language hosts. https://twitter.com/InputOutputHK/status/1428649776111886336
We generally think of Cardano competitors being other blockchains or big tech. In one part of the world, the advent of CBDCs might make it “tokenless blockchains”. https://twitter.com/sinoglobalcap/status/1429430262102822920
If Web 3 will really be a building of new economies out of online communities and the units of value of those economies will be tokens and NFTs, it seems like a blockchain like Cardano that can generate those assets natively without smart contracts is going to be a central player. https://twitter.com/cdixon/status/1429585831899983876
The ADA treasury is worth $1.6 Billion right now?????? https://twitter.com/nierop_pieter/status/1429656224732225536
There will be a crypto regulatory conference on the 23rd of September in Wyoming as part of the Wyohackathon just before the Cardano Summit. https://twitter.com/wyohackathon/status/1428718655362281479
Neel Kashkari of the Fed posts an anti-crypto tweet and gets heavily outliked by more than one pro-crypto response including a retweet from Charles. https://twitter.com/neelkashkari/status/1429886278942736385 https://twitter.com/IOHK_Charles/status/1429947349103742978
Forbes runs an article about how various cryptos including ADA could replace fiat according to a Deloitte survey of bank execs. https://www.forbes.com/sites/billybambrough/2021/08/23/bankers-issue-seismic-warning-bitcoin-ethereum-bnb-cardano-and-xrp-could-replace-the-dollar-in-just-five-years-as-crypto-market-price-adds-1-trillion/
ADA is officially on Bitpoint Exchange in Japan! https://twitter.com/SebastienGllmt/status/1430317131699163140
Charles gave us a brief update on Aug 24. Sounds like everything is right on schedule for smart contract launch on September 12. https://twitter.com/IOHK_Charles/status/1430230604071636994
Messari is reporting that Cardano moved more transaction volume over the last 24 hours than ETH. The amazing part was how much cheaper those transactions were on Cardano. https://twitter.com/TheADAApe/status/1430128107332280321
dcSpark is unveiling a sidechain project called Milkomeda that will use wrapped ADA and so-called “wrapped smart contracts”. The first sidechain, M1, will be an Ethereum Virtual Machine sidechain. This means Solidity devs can deploy their current smart contract code in M1 and those smart contracts will be accessible to Cardano users. This is “the pond”. This will be HUGE! Good work dcSpark! You guys are killing it! https://medium.com/dcspark/dcspark-announces-development-of-new-sidechain-protocol-milkomeda-cc28ed764a89
IOHK partners with European Business University of Luxembourg to offer scholarships including instruction in Haskell and Plutus to students across 25 countries in Africa. https://iohk.io/en/blog/posts/2021/08/24/making-education-in-africa-more-accessible-affordable-and-equitable/
It’s interesting to note that (as pointed out by @Rob98550139) on June 23rd, EBU of Luxembourg also offered 5,000 scholarship’s in “Plutus Blockchain programming for Cardano Blockchain” to Nayib Bukele for El Salvador. Something unannounced going on there? https://twitter.com/EBULuxembourg/status/1407594850199953410
The August Cardano 360 is out! Another great job by Tim Harrison and company! https://youtu.be/baS9efSa2F8
The Cardano Foundation is reporting they have now received 440 applications to host local Cardano Summit meetups and that applications are now closed. Registration for the local meetups will come out soon. https://twitter.com/CardanoStiftung/status/1430954186607415310
The “Buy Cardano” keyword hits a three month high on Google. https://twitter.com/OldPaSink/status/1430946116359516160
Cardano competitor Ethereum suffered a consensus bug today (Aug 27) that impacted 54% of nodes. Apparently they were able to upgrade the version of Geth being run by a majority of the pools in time to head off a majority supported fork to the bad chain. But, the go ethereum developer in the link described it as “a really close shave”. https://twitter.com/mhswende/status/1431259601530458112 https://twitter.com/TimBeiko/status/1431278258222338056
IOHK has initiated the testnet fork (Aug 27)! https://twitter.com/InputOutputHK/status/1431286232278085634
The “go/no-go” meeting was today (Aug 27) on initiating the Alonzo hardfork combinator event for the 12th. The result was a “go”! https://twitter.com/InputOutputHK/status/1431286232278085634
Here’s a good side-by-side of the size of the ecosystem in the past and now. https://twitter.com/CardanoRise/status/1431703062486392837
Fortune ran a very positive piece on Cardano today (Aug. 20). https://fortune.com/2021/08/20/cardano-ath-price-biggest-cryptos/
It looks like the details of the extremely mysterious “Cardano City” project should come to light today. https://twitter.com/CardanoCity/status/1431338443381092355
The Wall Street Journal runs a Cardano article. https://www.wsj.com/articles/cardanos-ada-is-the-latest-cryptocurrency-to-surge-heres-what-you-need-to-know-11630143002
The COTI/Wolfram/IOHK project to build an NFT Auction Site is now live. https://twitter.com/COTInetwork/status/1431971503093002243
CNBC runs an article on the effect the grassroots effort to the fix the crypto tax provisions has had on policy makers in Washington, D.C. These policies will affect Cardano and every other crypto. https://www.cnbc.com/2021/08/28/tax-reporting-proposal-creates-defining-moment-for-crypto-industry-.html
Beware of FlanoWallet and Flano Swap!!!!!!!! They are accused of malicious code that harvests your recovery phrase. https://twitter.com/bigpeyYT/status/1432450913487183874
Sebastien confirms that dcSpark is getting a ton of interest from developers wanting to work in Cardano. https://twitter.com/SebastienGllmt/status/1432416579107495942
Charles talks about Cardano compliance functionality and confirms that he perceives heavy regulation coming for DeFi in the next 24 months based on EU and US Treasury comments. https://www.youtube.com/watch?v=3ESn46Hj9Y4
A new John O’Connor interview is scheduled for today (Aug 31). You may want to tune in to get the latest on Cardano’s Africa Operations from the man himself. https://twitter.com/jjtoconnor/status/1432395067185106951
The Public Testnet will be forked to Alonzo today (Sept 1)! https://twitter.com/InputOutputHK/status/1432769865958531080
Some future Cardano dApps have so many followers on twitter that ETH maximalists are publicly expressing their disbelief. https://twitter.com/Southrye/status/1432515727433601024
Even prior to the launch of smart contracts, Cardano is generating quite an impressive amount of transaction fees. https://twitter.com/DCdoso/status/1432761425089470469
The Cardano Testnet has now officially forked to Alonzo allowing Plutus smart contracts. We are on track for the mainnet hardfork combinator event on Sept 12th. https://twitter.com/InputOutputHK/status/1433166757620064260
IOHK is changing their delegation process. They will be taking applications from SPOs and asking that they recommend two other pools based on contributions in terms of building, creating, or educating. https://twitter.com/InputOutputHK/status/1433104060647985157
Another signpost for Cardano DeFi projects. Gary Gensler (SEC Head) tells the Financial Times that in his view DeFi platforms have “a fair amount of centralisation” and “[i]t’s a misnomer to say they are just software they put out in the web...” https://www.ft.com/content/fb126d79-2e60-4002-8aba-b08887fca609
Cardano gets positive coverage on French Television for being “ecological”. https://twitter.com/YoadaStakepool/status/1433127940334792708
Charles is on CNBC talking about how crypto could be used to resist the Taliban in Afghanistan. https://www.cnbc.com/video/2021/09/01/cryptos-will-play-larger-role-in-afghanistan-after-us-exit-ethereum.html
The first solution for custom Cardano wallet addresses seems to be picking up steam. https://twitter.com/adahandle
One of Cardano’s competitors continued to have additional “performance degradation” and “instability” issues on it’s mainnet today (Sept 2). https://twitter.com/SolanaStatus/status/1433438629020454917 https://twitter.com/SolanaStatus/status/1433429598230876173 https://twitter.com/SolanaStatus/status/1367189272797798404
The SEC is investigating Uniswap. This is a very big deal! https://www.wsj.com/articles/regulators-investigate-crypto-exchange-developer-uniswap-labs-11630666800
Another Japanese exchange appears to be adding ADA on the 7th. https://twitter.com/sentosumosaba/status/1433714023468437508
We are always the github champions (again as of Sept 3). https://twitter.com/ProofofGitHub/status/1433822104634408966
Yet another Cardano project drops their account of how they’ve already handled concurrency. https://twitter.com/SundaeSwap/status/1434304535061729281
Here are two other Cardano projects explaining that they’ve already handled concurrency. https://cointelegraph.com/press-releases/cardano-decentralized-exchange-occamx-reaches-key-technical-milestone https://twitter.com/CardanoMaladex/status/1434115402725052418
Only one more week until smart contracts on mainnet (as of Aug 5)! Get your whiskey ready!
IOHK releases a detailed thread on concurrency and upcoming documentation to help quell some of the misinformation currently circulating on this topic. https://twitter.com/InputOutputHK/status/1434518391465943048
Only 5 more days to Alonzo (as of Sept. 7)!
Despite all the negative posting about Cardano smart contracts on eUTxO, it ironically looks like some in the ETH community are actually trying to build ETH L2 on UTXO. https://twitter.com/matiwinnetou/status/1434570158853529606
Here’s a great article on Cardano’s Determinism by IOG’s Polina Vinogradova. https://iohk.io/en/blog/posts/2021/09/06/no-surprises-transaction-validation-on-cardano/
World Mobile has released a new video of towers going up in Zanzibar! https://www.youtube.com/watch?v=uoGx_hwupsc
Charles releases a new video on the Alonzo Update Proposal (on Aug. 7) being submitted so that we can go live on the 12th. He also gives some hints as to his thoughts on the short-term planning of some “flavor of the week” blockchains vs. the long term planning of Cardano. https://www.youtube.com/watch?v=vhujKbMpTEA
Weiss Crypto lays down yet another very positive thread about Cardano. They acknowledge that they can’t see the future of Cardano, but they vehemently reject a lot of the anti-hype. https://twitter.com/WeissCrypto/status/1435261343456768005
Coinbase reveals they received a Wells Notice from the SEC on their crypto loan product. This is relevant for Cardano loan projects. A low professor subsequently posted a takedown of the Coinbase Chief Legal Officer’s view on the SEC notice. https://twitter.com/brian_armstrong/status/1435439291715358721 https://twitter.com/AdamLevitin/status/1435650584271589376
We just saw a record number of daily transactions on Cardano (Sept 7)! https://twitter.com/matiwinnetou/status/1435559731133825031
Messari has updated its “Initial Token Distribution” chart to include a previously missing project and Cardano is still among the very best in the Gen 3 space in terms of broad public coin ownership. https://twitter.com/CryptoIRELAND1/status/1435708439951552513
After lots of criticism of Cardano layer 2 possibilities by ETH maximalists, Vitalik has ironically announced that ETH NFTs need to be moved to layer 2. https://twitter.com/VitalikButerin/status/1435413681588736007
We seem to already have at least five projects who have worked out their approach to eUTxO concurrency. https://twitter.com/SmaugPool/status/1435928968423673859 https://www.yahoo.com/now/cardano-decentralized-exchange-occamx-reaches-163000898.html
Here’s the tweet with the link for the Alonzo smart contract launch watch party tomorrow (Sept 12) at 21:30 UTC. This is going to be fun! Enjoy it, guys! https://twitter.com/InputOutputHK/status/1436325831199141888
A Weiss Crypto analyst calls the smart contract launch an alleged event and also doesn’t realize we already have NFTS. The Cardano community was quick to correct the analyst. Weiss was then also quick to apologize. https://twitter.com/WeissCrypto/status/1436369016545857566 https://twitter.com/WeissCrypto/status/1436402039085576193
There is still the mystery of the lobster. Will it end up being connected to a fun smart contract to be launched tomorrow by IOHK? https://twitter.com/crypto_reflect/status/1435738017608740866
Over 100 smart contracts are already running on Cardano Mainnet! https://twitter.com/IOHKMedia/status/1437821632307994628
One of Cardano’s biggest competitors is once again suffering network problems. This time it started out as just being characterized as (more) “instability”, then they started saying that something had caused the blockchain to “start forking”. This followed their September 2 “instability” and “performance degradation” event. It’ll be interesting to see how well their community tolerates this in the future if it’s happening with their planned slashing model in effect. https://twitter.com/SolanaStatus/status/1437856638279487493 https://twitter.com/SolanaStatus/status/1437757547235131396 https://twitter.com/SolanaStatus/status/1433429598230876173
The Cardano Foundation subtly hints (okay just straight up says) it has some mindblowing partnerships to announce at the Cardano Summit. https://twitter.com/SidneyVollmer/status/1437855888237338627
Gary Gensler says that there are probably many tokens traded on Coinbase that are securities. https://youtu.be/XLc4c7vL3rM
Looks like Cardano Summit segments are being recorded and completed. https://twitter.com/ch1bo_/status/1437803839319691271
In macro news that could impact Cardano & all of crypto, it has been announced that China’s Evergrande Group will not be able to make interest payments on its loans in a few days. https://twitter.com/Reuters/status/1438143063306690560 https://www.bloomberg.com/opinion/articles/2021-09-15/evergrande-gives-china-an-impossible-equation-to-solve-with-its-liquidity-crunch
It looks like we’ll get some news about further collaboration with Baia’s Wine of Georgia at the Cardano Summit. https://twitter.com/ThornhillPublic/status/1438157239982956545
Now one of Cardano’s most highly visible critics is implying that the Cardano community has something in common with anti-vaxxers. Unfortunately for him, it was one of his pet blockchains that was down a few days ago while Cardano just kept healthily trucking right along. https://twitter.com/spudiot1/status/1438402783040790532
Cardano is still crushing it in terms of daily transaction volume. https://twitter.com/Eilert/status/1438521555638644746
We might have gotten a peek at the virtual world that will be part of the Cardano Summit this month. https://twitter.com/IOHK_Charles/status/1438668061813342209/photo/1
Smaug gives us a rundown of how many actual Plutus scripts (19)are running on mainnet vs. timelock scripts (21k) as of Sept 17 and explains simple definitions for both. But, he also mentions down below how many Plutus scripts (213) are reportedly running on “the main testnet” not counting “other Alonzo testnets”. https://twitter.com/SmaugPool/status/1438816898234343432
The weekly IOHK development update is out for Sept 17. https://twitter.com/InputOutputHK/status/1438921968590499843
Now the TX and NJ state securities regulators are after Celsius for crypto loans (BlockFi already got this treatment). Cardano loan projects should probably take note. https://www.njoag.gov/new-jersey-bureau-of-securities-orders-cryptocurrency-firm-celsius-to-halt-the-offer-and-sale-of-unregistered-interest-bearing-investments/ https://www.ssb.texas.gov/sites/default/files/2021-09/20210917_FINAL_Celsius_NOH_js_signed.pdf
After the Senate hearing on Tuesday September 14th, Gary Gensler (SEC Chairman) gave a quote to a crypto publication indicating that custodial lending and possibly even staking platforms might be considered securities. This is very relevant for Cardano since it has non-custodial staking whereas many of its competitors have the kind of custodial staking that Gensler may have been contemplating. https://www.theblockcrypto.com/post/117675/crypto-lending-staking-custody-gensler-sec
New IOHK blog entry on Hydra (Sept 17)! https://iohk.io/en/blog/posts/2021/09/17/hydra-cardano-s-solution-for-ultimate-scalability/
It looks like we may get an announcement of a new Cardano/COTI product at the Summit. https://twitter.com/theCOTIinvestor/status/1439551052764925957
We’re inching closer to the 500 votes required to name the lobster. https://twitter.com/Ada4Soil/status/1439745733079355394
Here’s a great description from Sebastien on where ADA staking rewards come from. https://twitter.com/SebastienGllmt/status/1439542246764793857
Apparently the SEC is now serving crypto people at crypto conferences. Gensler is getting serious. https://twitter.com/gogoSlava/status/1439972015910408195 https://mainnet.events/agenda-2021/
Accusations of wash trading surface in the Cardano NFT scene. https://twitter.com/mintaCNFT/status/1439752114276904960
Christine Lagarde (European Central Bank President) goes on the offensive and tries to tell the world that cryptocurrencies are not currencies. https://twitter.com/BloombergTV/status/1438498107965288449
DIGI tweets out a great infographic explaining how Hydra layer two solution works. https://twitter.com/DIGI_StakePool/status/1440322046869737482
Senators Lummis & Sinema are planning to introduce a bill for responsible innovation in crypto. Caitlin Long says it will focus on (1) definitions to clarify regulatory jurisdiction, (2) consumer protection, (3) digital asset custody requirements https://twitter.com/CaitlinLong_/status/1440327869293465600
The Hoskinson Center for Formal Mathematics has been established at Carnegie Mellon. Given the blockchain activity at the university it seems like the Cardano founder having ties there can’t really hurt us. https://twitter.com/IOHK_Charles/status/1440443081183019017
dcSpark is launching a new wallet called Flint that will be able to interact with Cardano dApps. https://youtu.be/dDwuwVR75HU https://twitter.com/SebastienGllmt/status/1440659191731945482
The AWS Exec has clarified his tweet about the Cardano Summit to express that people shouldn’t read too much into it. https://twitter.com/theCOTIinvestor/status/1440662585309745152
There’s a fresh blog and video on the Cardano Smart Contract Certification standards and new Plutus dApp Store. https://twitter.com/timbharrison/status/1440799199684022283
Apparently RuntimeVerification is now in the Cardano audit business! This is awesome to see! We’’ll take some NASA mission-critical level auditing for our ecosystem’s projects. https://twitter.com/SundaeSwap/status/1441077920215310343
The Summit Agenda is now out. https://summit.cardano.org/agenda
dcSpark’s new open source project Fracada will allow you to fractionalize NFTs. https://twitter.com/dcspark_io/status/1441043274911866880
dcSpark has released Fracada which is an open source Plutus dApp for fractionalizing NFTs. https://twitter.com/SebastienGllmt/status/1443011920349462533
The Wall Street Journal runs a Cardano 101 type video on their main youtube channel. https://www.youtube.com/watch?v=GBKnEZYCkTo
Senator Toomey and SEC Chair Powell have an interesting exchange about how a US CBDC should be formulated and how it should be sharing the space with private cryptos. https://www.youtube.com/watch?v=-46kqEn6JLc
As promised at the Cardano Summit, Emurgo has already made seed investments into Milkomeda from dcSpark, Adanian Labs, & ADAverse. https://twitter.com/emurgo_io/status/1442210147405684745
The ecosystem map continues getting bigger and bigger (Sept 29). https://twitter.com/seal_kiman/status/1441418051237425153/photo/1
dcSpark has dropped a new video explaining Fracada and the future of NFTs. https://www.youtube.com/watch?v=8FvKUlh7Fs8&t=4s
The CFTC hits Kraken with a $1.25 Million fine for it’s margin products. Cardano DeFi projects planning to offer some kind of margin trading take note. https://www.cftc.gov/PressRoom/PressReleases/8433-21
In late 2008/early 2009 it turns out Hal Finney was learning Haskell and trying to figure out how to reduce C02 emissions from a (future) widely used Bitcoin. That sounds a lot like Cardano. https://twitter.com/seal_kiman/status/1443593563846193155
Adam Dean gives us a great post-mortem on the network load created yesterday by the NFT drop(s). https://twitter.com/adamKDean/status/1443599818845081600
Wow! It’s looking like Meld has landed a partnership with a mobile provider in Nigeria with nine million customers. Not many details out at this point (Sept 30). But, that certainly sounds like it could be gigantic. https://twitter.com/MELD_labs/status/1443548879966949382
Two factor authentication via SMS once again turns out to be a bad bet. https://bitcoinmagazine.com/business/hackers-rob-thousands-coinbase-customers-sms-mfa-flaw
Grayscale releases a report on Cardano which shocks many due to its (actually) fair reporting. https://twitter.com/Grayscale/status/1443625454146097152 https://twitter.com/cardano_whale/status/1443786596721967104
The Wall Street Journal has dropped a video on stablecoins. A lot of the video surrounds the Tether dollar reserve controversy. It’s notable that Cardano’s Djed solves this. https://www.wsj.com/articles/biden-administration-seeks-to-regulate-stablecoin-issuers-as-banks-11633103156
The Biden Administration has announced they are investigating the prospect of regulating stablecoin providers like banks. https://markets.businessinsider.com/news/currencies/stablecoin-regulation-cryptocurrency-banks-biden-treasury-bitcoin-circle-tether-binance-2021-10
Cardano users on twitter piece together that Charles was talking about visiting u/Pezesha_Africa (in regard to microfinance) in Kenya. This is big because Pezesha operates in countries with a combined population of over $300MM. https://twitter.com/thr33strikes/status/1444898320070086659
Crypto twitter users try to depict US Whitehouse comments out of context to fuel an economic doom narrative. However, if you listen to the whole press briefing, you will understand that these comments were based on a “what if” scenario involving the US debt ceiling somehow not being raised. https://twitter.com/100trillionUSD/status/1445059673401528328
The so-called “Pandora Papers” reveal globally widespread cases of wealth concealment by public officials and bring up the question of whether blockchains like Cardano should take this into account when dealing with nation-state regimes as partners. https://www.icij.org/investigations/pandora-papers/

~Army of Spies

Particl - the future of DeCom and the way out of 🤡 🌎

Particl, the future of DeCom & Defi

Today i'd like to introduce this amazing community with a project I really keep close to my heart. I won't lie I invested in it back in 2015, and I am still holding and buying whenever I can because I truly believe in its philosophy and the overall scope of its roadmap

I will introduce you to the Particl Project. I chose this particular time** because today they are finally releasing their flagship product on Mainnet after years of development. Something unique and without any competition for now. Something with the potential of being a leader in its domain, a leader in DeCom and DeFi based on real economy, period.

But more on that later ( if you don't wan't to read the whole thing, you could skip to the end of this post for a general conclusion that sums up the most important aspects of this project ).

So, what the heck is Particl ?

https://preview.redd.it/6p2o4u5j7fq71.png?width=900&format=png&auto=webp&s=ea46b7904db52c53d3ddecb13eda9a4da6875167

"To me it's all about freedom." ( CryptoGuard, Head of Communication department at Particl )

Particl is an open source Cyberpunk / Libertarian software project. Its aim is to build tools that protect individual freedom and privacy.

Particl is the successor of the ShadowProject (https://shadowproject.io/en), a privacy-focused cryptocurrency project started back in August 2014. The team behind this project are known for being innovators in the cryptocurrency scene, being the first to produce many feats such as an HTML5 wallet, a staking mobile wallet with encrypted messaging and transactions, as well as having the first ring signature and HD wallet implementation on BTC codebase. Their Angular.js graphical wallet is widely known in the “altcoin” community for being absolutely gorgeous and very user-friendly. Needless to say that it has been forked by many projects. It was not so long after switching from proof-of-work to proof-of-stake that this very capable team started working on a fully anonymous and decentralized marketplace. This has long been seen as the ultimate value proposition of the Shadowcash blockchain.

What's behind the hood of Particl ?

The most recent Bitcoin Code

The main principle components of the Particl Platform on which the privacy-centric dApps can be built is:

Blockchain protocol: It is based on an always up-to-date Bitcoin Core codebase with added privacy features like CT, RingCT, Stealth addresses, Bulletproofs, etc. The privacy implementations are audited by Quarkslab and several academic groups. For consensus rules it uses an improved PoSV3 with enabled cold-staking, allowing it to be quantum resistant.

This component can be used in dApps for privacy-preserving financial transaction, on-chain contracts via Script, settlement layer, voting, digital identities, etc

If you are interested in more technical details, take a look at this article explaining those in detail but in a very comprehensive manner:

https://particl.news/particl-explained-private-transactions-44cb120d9cd/

Note: Particl's team was the first one to modify Monero's RingCT algorithm and make it suitable for any codebase. Here is the Quarkslab audit on that:

https://blog.quarkslab.com/security-audit-of-particl-bulletproof-and-mlsag.html

Their Flagship dApp: Particl Marketplace

The Particl Marketplace V3

Their flagship dApp is a private-by-design fully decentralized Amazon-like e-commerce platform, called Particl Marketplace. After 3+ years of hard work and almost 1+ year of semi-open public beta testing, it is ready to be released to the general public ( ETA at the end of the post ). Anyone, anywhere can buy and sell goods and services in total privacy with the added advantage of very low fees. The platform is a mix of P2P and blockchain technologies and it is exclusively run by its worldwide users who are running nodes. The marketplace is private by default with no identifiable data being linked to users. Transactions are hidden on the blockchain, metadata is removed from images and data exchange and communications encrypted. This decentralized marketplace is certainly a huge step forward in countering the predatory behavior of the current big players such as Amazon, eBay and Alibaba.

"Silkroad, Ebay, Amazon on Steroids, without the hassle" ( Humble Me ahah )

So now we hear you ask, in the event of things going pear-shaped and one of the parties to a transaction doesn’t perform, who is going to be the arbiter? Well, in the true spirit of decentralization there isn’t one. There is however, an innovative system of double deposit escrow called MAD which stands for mutually assured destruction. Both parties to a transaction need to match, as a security deposit into an escrow smart-contract, the value of the item being purchased by the buyer plus the shipping costs. Then once the buyer confirms confirm that the transaction has been completed satisfactorily, the security deposits are returned back less only the regular cryptocurrency transaction fees and the seller also gets their payment. If there is a dispute, both buyer and seller are forced to reach a settlement as neither of them will want to lose the deposit. As the marketplace evolves, a new feature will be soon be added to the escrow system. There will be an adjustable escrow rate wherein a sliding scale of the required escrow amount will be available. There will also be an escrow opt-out option in the event that both buyer and seller have absolute trust in each other.

Another key ingredient here is is that the users create by default "invite-only" markets and can choose to make them publicly accessible by paying a tiny fee to broadcast the "invitation" (essentially decryption keys for that market specific data) on the p2p network for a limited period of time (up to 7 days). If one chooses to share manually the "invitation" via some other communication channel e.g some forum, then the market remain "secret" and only accessible by those who have an invitation. Simply put, it is impossible for anyone without an "invitation" to even detect that the specific market exists. While I don't want to make any assumptions on what can / will be traded on those "secret markets", one can imagine the potential of a brand new "Silkroad" , but decentralized this time, and with a clever escrow mechanism to protect both buyers and sellers. ( I won't go into a debate about what is good or bad for you, it's a very personal matter and each of you have their own opinion on this ).

Lastly, Particl Market place is meant to be crypto agnostic in a near future, meaning you can use any crypto token on the marketplace seamlessly thanks to the upcoming Atomic Swap feature.

You can already test it here ( trust me you'll be amazed ):https://particl.news/new-testnet-build-available-05-09-2021/

Use the public Faucet to get test coins:https://faucet.particl.xyz/

The Particl Coin

The native token PART has multiple roles and it's essential to all the Particl Platform dApps and their functionalities. Imho the shortest closest to reality description of the PART token is as shares of a decentralized platform cooperative (despite the fact that it is also a top-notch private cryptocurrency).

PART coin functionalities include but not limited to:

- It is a governance token via on-chain and SMSG voting, as it allows every token holder to participate in the platform related decision making via on-chain voting e.g. Treasury funds allocation, and marketplace governance

- It is a utility token as it is used as a settlement layer on the marketplace to protect the privacy of trades, even when transparent coins like BTC are used for purchases.

- Its a staking token with 8% annual staking reward where 4% goes to decentralized Treasury Fund and 4% staking rewards are distributed to people (nodes). (8% of new coins are generated per year). In addition, all the fees generated by the Particl Platform e.g. transaction, listing and promotion fees, are payed to PART holders. So the more traction on the platform the more cashflow towards the stakers!

The PART coin is a good earner of passive income. It uses Particl version of Proof-of- Stake type of algorithm to achieve distributed consensus on the blockchain. Unlike Proof-of Work for coins such as Bitcoin, the creation of the next block is randomly assigned to some lucky staker and that luck depends on the number of coins staked and the period of time passed since the last time those coins staked or moved. Currently passive income is 4% per year however this is only true if 100% of the total coin supply is being staked. So if only 50% of the total network is up for staking then the reward rate for the year would be 8% plus all the network fees included in the staked blocks. Last but not least, even though the (hot) staking can be done on your old laptop one can also cold stake their coins. That is one can delegate the staking rights to some node that is 24/7 online (e.g. Raspberry Pi) while keeping the private keys for those coins in their hardware wallets. The cold-staking node can not spend nor move those coins and can only stake those.

The marketplace supports multiple-cryptocurrencies allowing everyone to use their favorite currencies for purchases but the trades are always settled in its own native token PART, to protect their privacy and allow private escrow smart contracts, etc.

Why such a low Market Cap then ?

I ask myself the same question, considering the scope of this projects, but there are still a few explanations, and for the sake of transparency, it's worth mentioning a few things:

First, during the crazy 2017 bull cycle, PART ATH reached 40$. Then bear market hit hard, price dropped and the foundation ran out of funds at some point in 2019. Particl decided to use the 996k PART it had from a funding round to pay the developers instead of going to VCs. As you can imagine a chunk of that was sold for food and rent. If one combines the natural non-attractiveness of a price bleed with the addiction of crypto-gamblers to chase hypes/pumps, one could potentially explain why a project like Particl could end up running out of funds.Also, a bug in the coin minting part of the Particl code was used by an attacker to continuously mint new coins since July 2019, and dump them on exchanges, putting a freakin load of sell pressure on the coin until the bug was discovered in January 2021. Approximately 1.7 mil extra coins were minted by the attacker and sold. This corresponds to 15% of the total supply.

For more details see:https://particl.news/roadmap-to-post-inflation-hardfork/

BUT both those issues were resolved:

Regarding the funds issue, The Particl foundation proposed a new funding structure to the community threw a vote back in July 2021. The strategy consists of a new decentralized treasury model that gets automatically funded by the protocol using a portion of the network’s staking rewards.

This funding request suggests bootstrapping the Particl team by claiming 35,250 PART, monthly, from the Treasury Fund for the next 6 months. Once this period expires, the proposal will no longer be valid. The team will then need to publish a new, updated funding request and get it approved by Particl stakeholders to claim funds again. Also Anyone with a project or initiative that benefits Particl can then submit proposals (referred to as funding requests) to request funds from the treasury and get them approved by stakeholders through an on-chain vote. This provides the Particl ecosystem with an adequate PART income source intended to support and enhance the Particl project, reaching back the financial stability they had in 2017.

For more details see:https://particl.news/decentralized-treasury-model-proposal-published/

Quick sum up of the funding proposal:

Circulating supply post-hardfork (estimate): ~11,750,000 PARTProposed yearly inflation rate: 8%Proposed treasury block rewards: 50%Proposed total yearly staking rate (APR for stakers): 4%Proposed yearly treasury rewards (estimates): 470,000 PARTMonthly treasury rewards (averaged from estimates): 39,166 PART

learn more about the funding proposal here:https://particl.news/decentralized-treasury-model-proposal/

Regarding the bug, a hardfork was deployed. Learn more here:https://particl.news/particl-hardfork-scheduled-12-07-21/

With both those issues totally resolved, Particl is finally able to function full speed again, with a very exciting roadmap, including an Atomic Swap DEX, Lightning network expansion ( LNP is already supported, see: https://particl.news/particl-lightning-network-now-available-on-testnet-eb87a5ab65cd/ ), a P2P encrypted chat and lot of more features coming ahead.

You can learn more about the roadmap here:https://particl.io/roadmap/

CONCLUSION

I hope it is now obvious to you all that this is not only the first real DeCom project but also the first DeFi project that allows yield farming based on real economy of the "Amazon for crypto" aka Particl Marketplace. To sum it up here a few key element to remember about Particl:

An audited blockchain protocol based on the latest up to date Bitcoin code with all the perks like, Taproot, Lightning Network, programmability via Script, etc enhanced with privacy features from Monero like CT, RingCT, Stealth Addresses, etc
A platform based on blockchain and E2EE data-exchange protocols were you can build privacy-centric dApps
The flagship dApp is a fully decentralized marketplace that preserves 100% its users privacy, it's censorship-resistant, it has near-zero transaction cost (no commissions/service fees) and, finally its crypto agnostic and users can pay in their favorite currency.
A state of the art two-way escrow system via smart contracts, aka MAD escrow, that protects the trades from any scamming.
Exciting roadmap with a notable item the BasicSwap an atomic swaps based DEX (currently in a closed beta) that is going to be integrated in the Particl Desktop.
A powerful, user friendly but also gorgeous wallet module.
The PART coin that in addition to its awesome privacy features is also used as governance, utility, staking and settlement layer token.
Passive income made easy and very secure thanks to cold staking, either on your own node (a Raspberry Pi 4 more than enough for a full p2p network node) or some cold-staking pool.
The Foundation is back full steam with a healthy funding structure, giving it the ability to push the Particl project forward.
A team of crazy bright and hardworking devs, that kept pushing the project even in the hardest times.
An ultra low cap project considering the scope of the project. Remember ATH was 40$ ! It has the potential of reaching the top 10.

Also it's a good time to share that the Marketplace V3 Mainnet release, an ultra exciting milestone was already live on the 29th of September 2021, at 12:00 UTC:**

https://particl.news/particl-v3-mainnet-release-date-announcement

The price is already reflecting this announcement, with a steady +100% gain since the beginning of September ( around the time the marketplace V3 release date was announced )

sexy isn't it ?

DYOR and if you have any questions please don't hesitate to ask. You can also join the Particl channels on Element/Discord/Telegram.

Official Particl Website: https://particl.io/

Thanks to u/Bakounin and u/Cyberpunk, from whom I borrowed some part of this post, and also helped me further improve it. Feel free to read some of their posts, as they go way more in depth than me on various aspects of the Particl Project ( and don't forget to give them some love :) )