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This is a public service announcement to anyone who's foolish enough to still be using windows

This is a public service announcement to anyone who's foolish enough to still be using windows 10, windows 8, windows 7, vista, and also windows xp. your operating system is now fully compromised, and no, this isn't the same as indian scammers trying to hold your data hostage for google play cards or pictures of bobs and vagene or the cia backdooring your operating system so that they can spy on you it is far worse then that the international hacker known as 4chan has successfuly reverse engineered your operating system they know the sorce code, they've observed all of windows xp's vulnerabilities which means they know the vulnerabilities of all windows operating systems that have come after it because let's face it ever since windows xp all microsoft has really done is create some new themes for your desktop and add more spyware to windows and also forcefully push out updates, and things are about to get even worse, you thought viruses like wannacry caused a lot of damage? that's childsplay. the viruses of old were created by much less skilled hackers that didn't even have the source code of your operating system but now microsoft's spaghetti code is out in the open everybody can see it and your computer is more screwed then an unchaperoned toddler on epstein's island dring a bill clinton visit your kernel is going down faster then a golden retriever at the atf's headquarters. now before you go into full panic mode and start freaking out there are some solutions for you to continue using your computer, my personal recommendation is to load up dban, completely remove any trace of windows, or any other proprietary bullshit operating system that came with your computer, and then install gentoo and use that for the rest of eternity to do your computing. if you can't figure out how to use gentoo then you have the option of using linux mint which is another approved gnu/linux operating system that is more noob friendly and kind of similar to windows in the layout just minus all the horrible bullcrap and spaghetti code that makes up windows. if you can't figure out how to use linux mint then you should just sell your computer, purchase a horse and buggy, and go be amish in a field somewhere because it's no longer safe for you to have a computer or really any electronic device for that matter. hopefully the many years of you beating off to cam girls will translate into good butter churning skills so you can earn a living as an amish person. if you fail to comply you are going to get updates forcefully pushed to your operating system which has been happening for a while now because let's face it, microsoft has never even heard of the word consent, but instead of these updates coming from microsoft themself, bill gates himself, they are going to be coming from the hacker known as 4chan and you will soon experience strange behavior in your operating system, internet explorer or microsoft edge or whatever the hell they're calling that crap these days will be replaced with pale moon or a similar furry browser. every day the wallpaper on your desktop is going to become an anime girl that is more and more lewd and vaguely underage as time goes on all of your home videos will be replaced by forceful tentacle hentai, all of your family photos are going to be replaced with pepes that become more and more racist as time goes on, oh and also your webcam will permanently live stream to liveleak so watch out for chinese truck drivers and off-duty brazzilian police officers. now i don't want to hear any of you wondering all of a sudden oh woe is me why does something like this have to happen to me no you've been warned for years and years about the dangers of proprietary software and yet you did nothing, richard stallman went out of his way to make speeches at college campuses all across the world even doing some in spanish so that he can reach a wider audience and going days without a proper meal this man had to subsist on nutrients from the bottom of his foot and yet you did nothing, edward snowden revealed that bioluminescent goverment agents were living in your computer watching you watch cam girls and browse old memes that washed up on the shores of reddit all under the guise of stopping terrorism and had to flee the united states and go live in a russian airport bathroom and yet you continued using windows purchasing a new copy every few years making bill gates a gorillianare in the process so that he could get ot his end goal of injecting windows updates directly into the bloodstream of every person in the world and newborn babies and yet you kept on using windows even though each new version removed more and more of your rights and became more and more bloated but now 4chan, the hacker, has taken it to the extreme. you will no longer be using your operating system it will se you, it will require a minimum of 2 terabytes of ram and a quantum cpu just to load up the crypto miner that's going to be required to boot your operating system. now alternatively i have heard directly from the hacker known as 4chan that for one bitcoin you can purchase a subscription of windows xp yotsuba edition which will have most of the restrictions removed however your wallpaper will still be set to a lewd vaguely underage anime girl and your browser will be permanently set to 4channel.org, uh, also microsoft word is going to be replaced with vim so good luck doing your homework on there hopefully you know how to quit out of it. you have been warned now go install gentoo or suffer the consequences or like i said sell all your electronics and go be amish because the amish don't get computer viruses
submitted by bobbyboob6 to copypasta [link] [comments]

ATTENTION WINDOWS USERS, ITS TIME TO STOP!!

This is a public service announcement to anyone who is foolish enough to still be using Windows 10, Windows 8, Windows 7, Vista, and also Windows XP. Your operating system is now fully compromised and no, this isn't the same as Indian scammers trying to hold your data hostage for Google play cards or pictures of bobs and vagene or the CIA backdooring your operating system so that they can spy on you, it is far worse than that. The international hacker known as 4chan has successfully reverse engineered your operating system. They know the source code, they've observed all of windows XP's vulnerabilities which means they know the vulnerabilities of all Windows operating systems that have come after it because let's face it, ever since Windows XP all Microsoft has really done is create some new themes for your desktop and add more spyware to Windows, and also forcefully pushed out updates, and things are about to get even worse. You thought viruses like wannacry caused a lot of damage? That's child's play. The viruses of old were created by much less skilled hackers that didn't even have the source code of your operating system, but now Microsoft spaghetti code is out in the open, everybody can see it, and your computer is more screwed than an un-chaperoned toddler on Epstein's island during a Bill Clinton visit. Your kernel is going down faster than a golden retriever at the ATF headquarters. Now before you go into full panic mode and start freaking out, there are some solutions for you to continue using your computer. My personal recommendation is to load up DBAN to completely remove any trace of Windows or any other proprietary bullshit operating system that came with your computer, and then install Gentoo and use that for the rest of eternity to do your computing. If you can't figure out how to use Gentoo then you have the option of using Linux Mint, which is another approved GNU/Linux operating system that is more noob friendly and kind of similar to Windows in the layout just minus all of the horrible bull crap and spaghetti code that makes up Windows. If you can't figure out how to install Linux Mint then you should just sell your computer purchase a horse and buggy and go be Amish in a field somewhere, because it's no longer safe for you to have a computer or really any electronic device for that matter. Hopefully the many years of you beating off to cam girls will translate into good butter churning skills so that you can earn a living as an honest person. If you fail to comply you are going to get updates forcefully pushed into your operating system which has been happening for a while now because let's face it, Microsoft has never even heard of the word consent. But instead of these updates coming from Microsoft themself, Bill Gates himself they're going to be coming from the hacker known as 4chan, and you'll soon experience strange behavior in your operating system internet explorer or Microsoft edge or whatever the hell they're calling that crap these days will be replaced with pale moon or a similar furry browser. Every day the wallpaper on your desktop is going to become an anime girl that gets more lewd and vaguely under age as time goes on, all of your home videos will be replaced by forceful tentacle hentai, all of your family photos are going to be replaced with Pepes that become more and more racist as time goes on. Oh, and also your webcam will permanently live stream to liveleak so watch out for Chinese truck drivers an off duty Brazilian police officers. Now I don't want to hear any of you wondering why is this happening all of a sudden "woe is me why does something like this have to happen to me?" No you've been warned for years and years about the dangers of proprietary software and yet you did nothing. Richard Stallman went out of his way to make speeches at college campuses all across the world, even doing some in Spanish so that he can reach a wider audience, going days without a proper meal. This man had to subsist on nutrients from the bottom of his foot, and yet you still did nothing. Edward Snowden revealed that bioluminescent government agents were living in your computer watching you watch cam girls and browse old memes that washed up on the shores of Reddit, all under the guise of stopping terrorism, and he had to flee the United States and go live in a Russian airport bathroom, and yet you continued on using Windows, purchasing a new copy every few years making Bill Gates a gorillionaire in the process, so that he could get to his end goal of injecting Windows updates directly into the bloodstream of every person in the world in newborn babies, and yet you kept on using Windows even though each new version removed more and more of your rights and became more and more bloated. But now 4chan the hacker has taken it to the extreme. You will no longer be using your operating system, it will use you. It will require a minimum of 2 terabytes of ram and a quantum CPU just to load up the crypto miner that's going to be required to boot your operating system. Now alternatively, I have heard directly from the hacker known as 4chan on that for one bitcoin you can purchase a subscription of Windows XP Yotsuba Edition, which will have most of the restrictions removed. However your wallpaper will still be set to a lewd vaguely under age anime girl and your browser's homepage will be permanently set to 4channel.org. Also Microsoft Word is going to be replaced with Vim, so good luck doing your homework on there, hopefully you know how to quit out of it. You have been warned. Now go install Gentoo or suffer the consequences. Or like I said, sell all of your electronics and go be Amish, because the Amish don't get computer viruses.
submitted by dogecharger3000xd to copypasta [link] [comments]

ATTENTION WINDOWS USERS, ITS TIME TO STOP!!

This is a public service announcement to anyone who is foolish enough to still be using windows 10, windows 8, windows 7, vista and also windows xp.
Your operating system is now fully compromised and no this isn't the same as indian scammers trying to hold your data hostage for google play cards or pictures of bobs and vageen, the cia backdooring your operating system so that they can spy on you, it is far worse than that.
The international hacker known as 4chan has successfully reverse engineered your operating system.
👏They 👏know👏the 👏source👏code!
They've observed all of windows xp vulnerabilities, which means they know the vulnerabilities of all windows operating systems that have come after it because let's face it ever since windows xp all microsoft has really done is create some new themes for your desktop and add more spyware to windows and also forcefully push out updates and things are about to get even worse, you thought viruses like wannacry caused a lot of damage that's child play, the viruses of old were created by much less skilled hackers that didn't even had the source of your operating system but now microsoft spaghetti code is out in the open every body can see it and your computer is screwed than a unchaperoned toddler on epstein's island during a bill clinton visit your kernel is going down faster than a golden retriever at the etfs headquarters
now before you go into full panic mode and start freaking out there are some solutions for you to continue using your computer, my personal recommendation is for you to load up dban, completely remove any trace of windows or any other proprietary bullshit operating system that came with your computer and then install gentoo and use that for rest of eternity to do your computing, if you can't figure out how to use gentoo then you have the option of using linux mint which is another approved gnu/linux operating system that is more noob friendly and kind of similar to windows and the layout just minus all of the horrible bullcrap and spaghetti code that makes all of windows.
if you can't figure out how to install linux mint then you should just sell your computer purchase a horse and buggy and go be amish in a field somewhere because it is no longer safe for you to have a computer or really any electronic device for that matter,
hopefully that many years of you beating off to cam girls will translate into good butter churning skills so that you can earn a living as a amish person if you fail to comply you are going get updates forcefully pushed to your operating system which has been happening for awhile now because let's face it microsoft has never even heard of the word consent but instead of these updates coming from microsoft themself,bill gates himself, they are going to be coming from the hacker known as 4chan you will soon experience strange behaviour from your operating system internet explorer or microsoft edge or whatever the hell they are calling that crap these days will be replaced with pale moon or a similar furry browser every day the wallpaper on your desktop is going to become a anime girl that is more and more lewd and vaguely underage as time goes on, all of your home videos will be replaced by forceful tentacle hentai, all of your family photos will be replaced with pepes that become more and more racist as time goes on
oh and also your webcam will permanently livestream to live leak so watch out for chinese truck drivers and off duty brazilian police officers
now I don't want to hear any of you wondering
“why is this happening all of a sudden
oh always me why do something like this have to happens to me”
no you have been warned for years and years about the dangers of proprietary software and yet you did nothing, richard stallman went out of his way yo make speeches in college campuses all across the world even doing some in spanish so that he could reach a more wider audience and going days without a proper meal this man had to subsiste on nutrients from the bottom of his foot and yet you still did nothing
edward snowden revealed that bioluminescent government agents were living in your computer watching you watch camgirls and browse old memes that washed up on the shores of reddit all under the guise of stopping terrorism and he had ot flee the united states and live in a russian airport brathroom and yet you continued on using windows purchasing a new copy every few years making bill gate a grilionaire in the process so that he could get to his end goal of injecting windows updates directly into the blood stream of every person in the world and newborn babies and yet you kept on using windows even tough each new version removed more and more of your rights and became more and more bloated
but now 4chan the hacker has taking it to the extreme you will no longer be using your operating system it will use you it will require a minimum of 2 terabytes of ram and a quantum cpu just to load up the crypto miner that's going to be required to boot up your operating system
now alternatively i have heard directly from the hacker known as 4chan that for 1 bitcoin you can purchase a subscription of windows xp yotsuba edition that will have most of the restrictions removed however you wallpaper will still be set to a lewd vaguely underage anime girl and your browser homepage will be permanently set to 4chan.org also microsoft word is going to be replace with vim so good luck doing your homework on there hopefully you know how to quit out of it
you have been warned now go and install gentoo or suffer the consequences or like I said sell all of your electronics and go be amish because the amish don't get computer viruses!!
Sources: https://imgur.com/a/nqiyQ
https://youtu.be/iqRj7cW-vjs
submitted by thesuperiordalek to copypasta [link] [comments]

ATTENTION WINDOWS USERS, ITS TIME TO STOP!!

This is a public service announcement to anyone who is foolish enough to still be using Windows 10, Windows 8, Windows 7, Vista, and also Windows XP.
Your operating system is now fully compromised. and no, this isn't the same as Indian scammers trying to hold your data hostage for Google play cards or pictures of bobs and vagens or the CIA backdooring your operating system so they can spy on you, it is far worse than that.
The international hacker known as 4Chan has successfully reverse-engineered your operating system, THEY KNOW THE SOURCE CODE, they observed all of Windows XP vulnerabilities which means they know the vulnerabilities of all Windows operating systems that have come after it, because, let's face it, ever since Windows XP all Microsoft has really done is create some new themes for your desktop and add more spyware to Windows and also push out updates. and things are about to get EVEN WORSE, you thought viruses like WannaCry cause a lot of damage? that's child's play, the viruses of old were created by much less skilled hackers that didn't even have the source code of your operating system but now, Microsoft spaghetti code, it's out in the open, everybody can see it and your computer is more screwd than an unchaperoned toddler on Epstein's island during a Bill Clinton visit.
YOUR KERNEL is going down faster than a golden retriever at the ATF's headquarters.
Now, before you go in full panic mode and start freaking out, there are some solutions for you to continue using your computer.
My personal recommendation is to load up DBAN, completely remove any trace of Windows or any other proprietary bullshit operating system that came with your computer and then, install Gentoo, and use that for the rest of eternity to do your computing, if you can't figure out how to use Gentoo, then you have the option of using Linux Mint, which is another approved GNU/Linux operating system that is more noob friendly and kind of similar to Windows and the layout just minus all of the horrible bullcrap and spaghetti code that makes up Windows.
If you can't figure out how to install Linux Mint then you should just sell your computer, purchase a horse and buggy and go be amish in a field somewhere because it's no longer safe for you to have a computer or really any electronic device for that matter, hopefully, the many years of you beating off to cam girls will translate into good butter churning skills so that you can earn a living as an Amish person.
If you fail to comply, you are going to get updates forcefully pushed to your operating system which has been happening for a while now, because, let's face it, Microsoft has never even heard of the word consent, but instead of these updates coming from Microsoft themself, Bill Gates himself, they are going to be coming from the hacker known as 4chan, and you will soon experience strange behavior in your operating system.
Internet Explorer or Microsoft Edge or whatever the hell they're calling that crap these days will be replaced with Pale Moon or a similar furry browser.
Every day the wallpaper on your desktop is going to become an anime girl that is more and more lewd and vaguely underage as time goes on, all of your home videos will be replaced with forceful tentacle hentai, all of your family photos are going to be replaced with pepes that become more and more racist as time goes on.
Oh and also, your webcam will permanently live stream to live league so watch out for Chinese truck drivers and off-duty Brazilian police officers.
Now, I don't want to hear any of your wondering "why is this happening all of the sudden oh woe ways me, why does something like this have to happen to me", no, you've been warned for years and years about the dangers of proprietary software, and yet, you did nothing.
Richard Stallman went out of his way to make speeches at college campuses, all across the world, even doing some in Spanish, so he can reach a wider audience, and going days without a proper meal, this man had to subsist on nutrients from the bottom of his foot and yet, you still did nothing.
Edward Snowden revealed that bioluminescent government agents were living in your computer watching you watch cam girls and browse old memes that washed up on the shores of Reddit, ALL under the guise of stopping terrorism, and he had to flee the united states and go live in a Russian airport bathroom, and yet, you continued on using Windows.
Purchasing a new copy every few years making Bill Gates a grillionaire in the process so he could get to his end goal of injecting Windows updates directly into the bloodstream of every person in the world, in newborn babies, and yet, you kept on using Windows, even though each new version removed more and more of your rights and became more and more bloated, but now, 4chan the hacker has taken it to the extreme, you will no longer be using your operating system.
It will use you, it will require a minimum of 2 terabytes of ram and a quantum CPU just to load up the crypto miner that's going to be required to boot your operating system.
Now alternatively, I have heard directly from the hacker known as 4chan that for one bitcoin, you can purchase a subscription of Windows XP Yotsuba edition which will have most of the restrictions removed, however, your wallpaper will still be set to a lewd vaguely underage anime girl and your browser's homepage will be permanently set to 4channel.org, also Microsoft Word is going to be replaced with Vim, so, good luck doing your homework on there, hopefully, you know how to quit out of it, you have been warned, now go, install Gentoo or suffer the consequences or like I said, sell all of your electronics and go be Amish because the Amish don't get computer viruses.
submitted by E404NNF to copypasta [link] [comments]

ATTENTION WINDOWS USERS, ITS TIME TO STOP!!

this is a public service announcement to anyone who is foolish enough to still be using windows 10 windows 8 windows 7 vista and also windows xp your operating system is now fully compromised and no this isn't the same as indian scammers trying to hold your data hostage for google play cards or pictures of bob's and vagine or the cia backdooring your operating system so that they can spy on you it is far worse than that the international hacker known as 4chan has successfully reverse engineered your operating system they know the source code they've observed all of windows xp's vulnerabilities which means they know the vulnerabilities of all windows operating systems that have come after it because let's face it ever since windows xp all microsoft has really done is create some new themes for your desktop and add more spyware to windows and also forcefully push out updates and things are about to get even worse you thought viruses like wannacry caused a lot of damage that's child's play the viruses of old were created by much less skilled hackers that didn't even have the source code of your operating system but now microsoft's spaghetti code it's out in the open everybody can see it and your computer is more screwed than an unchaperoned toddler on epstein's island during a bill clinton visit your colonel is going down faster than a golden retriever at the atf's headquarters now before you go into full panic mode and start freaking out there are some solutions for you to continue using your computer my personal recommendation is to load up d-band completely remove any trace of windows or any other proprietary operating system that came with your computer and then installed gentoo and use that for the rest of eternity to do your computing if you can't figure out how to use gentoo then you have the option of using linux mint which is another approved gnu slash linux operating system that is more noob friendly and kind of similar to windows in the layout just minus all of the horrible bullcrap and spaghetti code that makes up windows if you can't figure out how to install linux mint then you should just sell your computer purchase a horse and buggy and go be amish in a field somewhere because it's no longer safe for you to have a computer or really any electronic device for that matter hopefully the many years of you beating off to cam girls will translate into good butter churning skills so that you can earn a living as an amish person if you fail to comply you are going to get updates forcefully pushed to your operating system which has been happening for a while now because let's face it microsoft has never even heard of the word consent but instead of these updates coming from microsoft themself bill gates himself they are going to be coming from the hacker known as 4chan and you will soon experience strange behavior in your operating system internet explorer or microsoft edge or whatever the hell they're calling that crap these days will be replaced with pale moon or a similar furry browser every day the wallpaper on your desktop is going to become an anime girl that is more and more lewd and vaguely underage as time goes on all of your home videos will be replaced by forceful tentacle hentai all of your family photos are going to be replaced with pepes that become more and more racist as time goes on oh and also your webcam will permanently live stream to live league so watch out for chinese truck drivers and off-duty brazilian police officers now i don't want to hear any of you wondering why is this happening all of a sudden oh woe ways me why does something like this have to happen to me no you've been warned for years and years about the dangers of proprietary software and yet you did nothing richard stallman went out of his way to make speeches at college campuses all across the world even doing some in spanish so that he can reach a wider audience in going days without a proper meal this man had to subsist on nutrients from the bottom of his foot and yet you still did nothing edward snowden revealed that bioluminescent government agents were living in your computer watching you watch cam girls and browse old memes that washed up on the shores of reddit all under the guise of stopping terrorism and he had to flee the united states and go live in a russian airport bathroom and yet you continued on using windows purchasing a new copy every few years making bill gates a grillionaire in the process so that he could get to his end goal of injecting windows updates directly into the bloodstream of every person in the world in newborn babies and yet you kept on using windows even though each new version removed more and more of your rights and became more and more bloated but now 4chan the hacker has taken it to the extreme you will no longer be using your operating system it will use you it will require a minimum of 2 terabytes of ram and a quantum cpu just to load up the crypto miner that's going to be required to boot your operating system now alternatively i have heard directly from the hacker known as 4chan that for one bitcoin you can purchase a subscription of windows xp yotsuba edition which will have most of the restrictions removed however your wallpaper will still be set to a lewd vaguely underage anime girl and your browser's homepage will be permanently set to 4channel.org uh also microsoft word is going to repl be replaced with vem so good luck doing your homework on there hopefully you know how to quit out of it you have been warned now go install gen 2 or suffer the consequences or like i said sell all of your electronics and go be amish because the amish don't get computer viruses
submitted by mirak97 to copypasta [link] [comments]

This is a public service announcement to anyone who's foolish enough to still be using windows

This is a public service announcement to anyone who's foolish enough to still be using windows 10, windows 8, windows 7, vista, and also windows xp. your operating system is now fully compromised, and no, this isn't the same as indian scammers trying to hold your data hostage for google play cards or pictures of bobs and vagene or the cia backdooring your operating system so that they can spy on you it is far worse then that the international hacker known as 4chan has successfuly reverse engineered your operating system they know the sorce code, they've observed all of windows xp's vulnerabilities which means they know the vulnerabilities of all windows operating systems that have come after it because let's face it ever since windows xp all microsoft has really done is create some new themes for your desktop and add more spyware to windows and also forcefully push out updates, and things are about to get even worse, you thought viruses like wannacry caused a lot of damage? that's childsplay. the viruses of old were created by much less skilled hackers that didn't even have the source code of your operating system but now microsoft's spaghetti code is out in the open everybody can see it and your computer is more screwed then an unchaperoned toddler on epstein's island dring a bill clinton visit your kernel is going down faster then a golden retriever at the atf's headquarters. now before you go into full panic mode and start freaking out there are some solutions for you to continue using your computer, my personal recommendation is to load up dban, completely remove any trace of windows, or any other proprietary bullshit operating system that came with your computer, and then install gentoo and use that for the rest of eternity to do your computing. if you can't figure out how to use gentoo then you have the option of using linux mint which is another approved gnu/linux operating system that is more noob friendly and kind of similar to windows in the layout just minus all the horrible bullcrap and spaghetti code that makes up windows. if you can't figure out how to use linux mint then you should just sell your computer, purchase a horse and buggy, and go be amish in a field somewhere because it's no longer safe for you to have a computer or really any electronic device for that matter. hopefully the many years of you beating off to cam girls will translate into good butter churning skills so you can earn a living as an amish person. if you fail to comply you are going to get updates forcefully pushed to your operating system which has been happening for a while now because let's face it, microsoft has never even heard of the word consent, but instead of these updates coming from microsoft themself, bill gates himself, they are going to be coming from the hacker known as 4chan and you will soon experience strange behavior in your operating system, internet explorer or microsoft edge or whatever the hell they're calling that crap these days will be replaced with pale moon or a similar furry browser. every day the wallpaper on your desktop is going to become an anime girl that is more and more lewd and vaguely underage as time goes on all of your home videos will be replaced by forceful tentacle hentai, all of your family photos are going to be replaced with pepes that become more and more racist as time goes on, oh and also your webcam will permanently live stream to liveleak so watch out for chinese truck drivers and off-duty brazzilian police officers. now i don't want to hear any of you wondering all of a sudden oh woe is me why does something like this have to happen to me no you've been warned for years and years about the dangers of proprietary software and yet you did nothing, richard stallman went out of his way to make speeches at college campuses all across the world even doing some in spanish so that he can reach a wider audience and going days without a proper meal this man had to subsist on nutrients from the bottom of his foot and yet you did nothing, edward snowden revealed that bioluminescent goverment agents were living in your computer watching you watch cam girls and browse old memes that washed up on the shores of reddit all under the guise of stopping terrorism and had to flee the united states and go live in a russian airport bathroom and yet you continued using windows purchasing a new copy every few years making bill gates a gorillianare in the process so that he could get ot his end goal of injecting windows updates directly into the bloodstream of every person in the world and newborn babies and yet you kept on using windows even though each new version removed more and more of your rights and became more and more bloated but now 4chan, the hacker, has taken it to the extreme. you will no longer be using your operating system it will se you, it will require a minimum of 2 terabytes of ram and a quantum cpu just to load up the crypto miner that's going to be required to boot your operating system. now alternatively i have heard directly from the hacker known as 4chan that for one bitcoin you can purchase a subscription of windows xp yotsuba edition which will have most of the restrictions removed however your wallpaper will still be set to a lewd vaguely underage anime girl and your browser will be permanently set to 4channel.org, uh, also microsoft word is going to be replaced with vim so good luck doing your homework on there hopefully you know how to quit out of it. you have been warned now go install gentoo or suffer the consequences or like i said sell all your electronics and go be amish because the amish don't get computer viruses
submitted by josephkeen0 to teenagers [link] [comments]

Get Ticketing -- A Sleeping Giant

Here is an article by an author named Adnan about why Get Ticketing will explode:
https://medium.com/@adnanzzz/the-bullish-case-of-get-protocol-451ad6059f2d
Below is the same article copied and pasted for those who are too lazy to click the link. However, I recommend reading the article from the link instead as it has a lot of graphs, links, and pictures that gives a much fuller picture.
 
"GET protocol — the sleeping blockchain giant
Bear with me as I try to explain why the GET token is currently the most bullish crypto token in the space. The price surge will be driven by adoption and not just mere speculation. And adoption is already there but will only now start to gain huge momentum!
By the time you have read this blog you will come to see how most other crypto projects lose value in your eyes when you compare it to a project with amazing fundamentals, a project that doesn’t need an “altseason”, driven by mere mindless speculation, to give you nice returns!
Most people in the crypto space have never heard of the GET protocol. This is on one side suprising because there are 191.329 wallet holders to be exact. This means that 191.329 people have used the GET protocol, mostly without even knowing it!
The focus has always been on building a product that works and where there is demand for. Where other projects have focused and spent their funds on marketing in the crypto space (meaning luring in new investors) GET has neglected that part a bit.
Instead they focused their funds on building a waterproof system and acquiring clients who will use the protocol (venues, artists, governments, …). The effect of this is that the price hasn’t been affected by speculation.
The list of artists who use GET-fueled tickets is endless and I have honestly lost sight of everyone who uses it. But to give you an example of adoption, here is a list of some of the artists who sell GET-fueled tickets:
 
What is the GET protocol and what does it do?
The GET Protocol offers a blockchain-based smart ticketing solution that can be used by everybody who needs to issue admission tickets in an honest and transparent way. The goal of GET protocol is to become the worldwide ticketing standard.
To put it in simple terms: the ticketing industry is plagued by dishonest players. Not only ticket fraud but also scalping are an enormous problem in the industry. Once a ticket sale starts bots buy up the tickets and later sell them for enormous profits.
Fans are sidelined and are forced to buy tickets of their idols for a much higher price. The scalpers, not adding any value in the process, make tons of money at the expense of artists, fans, venues, event organizers, … and everybody who makes the event industry what it is.
 
This is where GET offers a solution proven to work
The tickets issued on the GET protocol are registered on your phone. This means that only the person in possession of the phone also owns the ticket. Every ticket is unique and is based on a QR code that updates itself and rotates to prevent fraud and scalping.
The tickets are all registered on the blockchain as a mean of transparency and accountability. This means that fans can check ticket authenticity whenever they want. This is also where the GET token comes in play but more on that later…
 
GET is currently the best adopted microcap
This is a bold statement but it’s not difficult to prove. Whereas other crypto “companies” confuse their investors with a lot of technical words that the average Joe doesn’t even understand and show off with meaningless partnerships, GET is actually changing the ticketing world for the better!
At the moment of writing there are 4 ticketing companies that are completely integrated in the GET protocol, and together have sold many GET-fueled tickets!
These companies currently run on the GET protocol:
Integrating an existing ticketing company is a low investment move (only the GET token is needed) that offers traditional ticketing companies several benefits. That is why I expect many ticketing companies to integrate and GET to scale quickly.
 
The supply
Some people are scared by the big difference in the circulating supply and the total supply. This is an unneccessary fear. The GET supply is made up of 3 portions:
This means that the circulating supply as it is now can only, ever, lightly increase for the purpose of growth. With the buybacks and burns being large enough the circulating supply will instead keep decreasing at a swift tempo.
 
GET in times of COVID19
In May Dutch group Di-Rect sold thousands of tickets for an online concert. They used GET’s technology to use a dynamic price setting. This means that fans were given the option to pay whatever they wanted for a ticket. Whoever paid €20 or more had the chance to win a lottery and be present at the concert.
Once the concert starts, whoever bought a ticket, will be able to watch the streamed concert on GUTS’ app. This is yet another proof of the advantages a digital ticket offers. As this was a big succes, the expectation is that more and more artists will make use of GET’s technology.
On 27/05 Dennis van Aarssen, The Voice Of Holland 2019 winner, announced that he will also do a livestreamed performance of classic covers and original music on June 7th. All tickets will be issued through the GET protocol.
GET also offers several advantages in different areas in the fights against COVID19. The right of access being linked to your mobile makes it possible for potential clients to monitor the number of visitors in real time all the time, to apply an automated seating selection which consideres an appropriate distance between all visitors, queue control, booking of timeslots for museums, shops, parks, beaches, … so overcrowding can be avoided.
When an event gets cancelled, whereas with paper tickets it’s sometimes impossible to track who owns the ticket at the current time, with GET’s technology the event organizer can, with one click, choose to make a refund to the current ticket owner, to communicate with him, to postpone the event, …
 
What more to expect in the (near) future?
There are so many amazing things to come in the very near future so I’ll only focus on a few of them:
Seeing the adoption the GET protocol has, the solution they bring and the enormous potential they have in conquering the ticketing industry, they have been asked by Kakao to join their blockchain “Klaytn”. So GET is an initial service partner of the Klaytn blockchain.
“Kakao’s global public blockchain project Klaytn is an enterprise-grade, service-centric platform that brings user-friendly blockchain experience to millions.”
The choice for choosing to be an Initial Service Provider of Klaytn is based on two aspects. The first aspect is the fact that Klaytn’s blockchain infrastructure is fully business and integration focused, more than any other blockchain in the market.
This results in huge improvements in areas as cost-efficiency, scalability, and data reliability. The second aspect is fueled by the potential of being part of the Klaytn ecosystem.
Kakao is a giant in South Korea. GET will bring its adoption to Kakao’s blockchain and Kakao, with its giant network, in return will open many doors in South Korea. A win-win for everyone involved!
In 2017 Kakao had more than 220 millions users on their messaging and content platform. The last few years the company has been rapidly expanding in other industry verticals.
 
GET fueled tickets sold for K-pop stars
As mentioned earlier: South Korean ticketing company getTicket will run fully on the GET protocol. They have already deals in line to sell tickets for K-pop stars in their country.
K-pop legend Mr. Won-Kwan Jung, as someone who has a lot of connections in the K-pop world, has joined the GET protocol as an advisor. He is an iconic figure and innovator in the world of K-Pop, owing to the fact that he was one of the three original members of SoBangCha, (or ‘Firetruck’ in English) which is regarded as the first K-Pop group to exist in the world.
In a survey conducted in 17 countries in 2019, around 37.5 percent of respondents stated that the genre K-pop was “very popular” in their country. The survey found that the popularity of K-pop reaches far beyond South Korean borders.
The fact that their idols will be selling GET-fueled tickets hasn’t reached the Korean audience yet. It is still a “public secret”. The news will be released in a directed marketing campaign later this year. You better believe that once the Koreans find out that they’ll be buying GET like hot cupcakes!
 
Tickets for museums and beaches to be in line with COVID19 restriction measures
With the Corona virus still not wiped out but more under control, many countries are lifting restrictions. This needs to be done in a safe and controlled manner. This means avoiding overcrowding. GET’s technology can and will surely help here.
GET’s system can do all that is needed now for a safe experience. Whether it’s booking a timeslot for the beach, for a museum,… or even for a shop from your home. The system lets the client monitor everything in real time. Someone can that way for example choose to go when there is less crowd. This all while fully respecting the user’s privacy.
The GET sales team has been busier than ever, being in contact with governments, museums, … and the dev team is constantly creating custom made smart ticketing solutions for new costumers. I’m sure we can expect some major announcements in this area soon!
 
Top tier exchange listings & marketing in the crypto space
The team has confirmed that listing on a top tier exchange has already been agreed. They’re just waiting for the right time to announce it, fitting in their marketing campaign. Besides that, a fiat on ramp exchange will list GET in a short timeframe.
Many projects invested most of their funds in exchange listings and fake volume, creating artifical demand. These exchange listings are almost always accompanied by paying for a market maker. Once the funds dry up (and we have seen this with many projects) delisting becomes a reality and the funds end up being spent in vain.
GET’s exchange listing and marketing campaign aren’t a means to pump the price but have the goal of creating liquidity for the end users (mainly ticketing companies) who will need to acquire a lot of GET from the open market in the short future.
 
Expansion in several other countries
GET’s business developer Sander:
"I am reached out by ticketing parties all around the world on a daily basis. The main challenge is to vet these parties. The goal of GET Protocol is to be the worldwide standard of digital admission rights and to get there we need to stay extremely lean and flexible in order to scale well.
In that sense we need to be 100% convinced the parties we partner up in this phase have a very high potential of becoming a big player in their respective geographies. From the onboardings we currently experience, we learn to speed up onboarding processes upcoming year."
And when asked how many tickets he expects to be sold in the near future and how many ticketing companies he expects to run on the GET protocol in 5 years time:
"Along the journey, we here at GET and GUTS learned quite a few things. One of them is avoiding to publicly announce ticket sale estimates as the chances are that we shoot ourselves in the foot with that. If we don’t meet our estimates, life sucks and the community will let us know which is fine and rightful, but to be honest for GET nothing to win.
If we meet our goal, it is okay but even then some people members manage to say they hoped for even better. In that sense, whatever we do, we can’t do well enough on that front, so I am reluctant about giving specific numbers (and I don’t have a crystal sphere either!).
That being said, regarding the amount of ticketing companies in 2025, I expect many, in many countries. It’s a matter of time that we can easier offer our products in a whitelabeled manner. Only this week we got requests for more information about our services from Germany, Paraguay, Mexico, UK and Italy and Australia.
This certainly doesn’t always mean a ticketing company could lead out of such a request, but the interest is certainly there. If we keep on doing what we do now, I believe we can boost ticketeers and event organizers around the world pretty soon and let them issue fully digital and blockchain registered tickets, all processed by GET Protocol. If more ticketing companies are onboarded, the amount of ticket sales processed by the protocol will grow exponentially."
Knowing how GET’s team has always been very careful with their promises, I take such statements very seriously. If the past has taught me anything: they’re probably making an understatement. So expect GET to spread its wings in many regions around the world and take the ticketing world by a storm!
 
Staking & nodes
GET’s blockchain developer Kasper Keunen has announced that a staking model is being developed. This means that you’ll be able to stake your GET. In return a portion of the ticketing fee will be rewarded to those stakers and nodes. So see it as a passive income. You sit down, relax and see it grow exponentionally as GET conquers the ticketing world :)
 
The end goal is to be an open source protocol
The endgoal of the GET protocol is to become open source. There will be a governance model where changes to the protocol will be determined by GET token holders. That’s why I expect ticketing companies to acquire a lot of GET in time as their revenue relies on the direction of the protocol.
GET will have a role as governance for the project as a whole. Such a role for the token is the most natural in a fully open-sourced environment of the protocol(currently not the case, yet).
As then governance by stakeholders (ticketing companies) with a serious stake in the game as their ticketing revenue relies on the direction/quality of the code to be on point.
As of yet, we do not really assign too much fundamental value to this role for the token (we barely mentioned it actually) as it is still a bit early for it to have serious merit.
So pushing that value of the token now would be a bit false advertising. As we onboard more and more ticketing companies we will develop the governance of the token role more and more!
 
Why the GET token is set to explode
Now that I’ve covered what the GET protocol is and where it’s going, it’s time to dig deeper in the token. And I have to say that I’ve never been more bullish on anything in my life. This for the simple reason that usage will drive the price to insanely high levels (where speculation isn’t even needed).
 
Tokenomics
As mentioned above: to have full transparency and accountability (both missing links to make the ticket industry fraud- and scalpfree) all tickets sold are registered on blockchain.
You can compare GET to a gas that is needed to fuel the protocol (every state change of the ticket needs to be registered — for which GET is needed). So for every ticket sold GET is bought back from the open market and burned forever.
 
GET’s valuation in the (near) future
Bear in mind that this is my own expectation, based on big changes in supply and demand that I will try to explain below. Also keep in mind that I’m not a financial advisor and nothing is guaranteed in the crypto space!
But I will try to explain why I personally believe that GET will be trading at 10€ per token and more in the near future.
As time goes on and more tickets are sold, the demand for GET will keep increasing while the supply will keep decreasing. You don’t need to have a PhD in economics to understand what this will do to the price!
 
What kind of demand/buybacks can we expect?
As explained above: for every ticket sold at least €0,28 worth of GET is needed by the ticketing companies. Most of this GET is bought back from the exchanges (the money to do this is included in the ticket fee).
Some GET is supplied by the “user growth fund”. This is a fund created to give potential new customers a discount. This is done by subsidizing them a portion of their need for GET so these new customers don’t need to pay the full price immediately. Bear in mind that as time goes by this fund will dry up and all the GET that is needed will from that moment on be bought from the exchanges.
Since the buybacks are based on the amount of tickets issued by the protocol, to calculate what kind of buybacks we can expect in the future we need to look at the ticket sales. As mentioned before there are 4 ticketing companies using the protocol right now (GUTS, ITIX, TecTix and getTicket). Below I will make an estimation of what to expect from them.
GUTS has sold over 400k tickets. From just the deals already signed, over a million tickets would have been sold in 2020. Due to Covid19 most events had to be posponed (not cancelled). In the meanwhile the GUTS sales team hasn’t been idle and has atracted many more customers.
This means that the 1 million tickets number is probably even on the low side. But let’s say a minimum of 1 million tickets will be sold the first year where all events will be allowed again. This means that at least €280.000 worth of GET will be needed in that year.
ITIX sells 2 million tickets a year on average. Once fully integrated they will thus need at least €560.000 worth of GET on a yearly basis.
TecTix, as a new ticketing company, it’s hard to predict what kind of numbers they’ll be running at the start. But given the expertise of the TecTix team I think 200.000 tickets is a safe bet to start with. That would put us on at last €56.000 worth of GET needed/year.
And finally getTicket, a ticketing company based in South Korea. In their case it’s also difficult to make a prediction because they’re new and we have no previous data to rely on.
But judging from the comments made by the team that “everything is bigger in Korea” and that they’ll be selling stadium concerts for K-pop stars (just one concerts can mean over 100.000 tickets sold) I think it’s safe to say that they’ll be selling at least 1 million tickets/year. That would bring their need for GET to at least €280.000 a year.
So if we put this together the 4 ticketing companies will need over € 1 million worth of GET on a yearly basis. Bear in mind that more ticketing companies will keep joining and the existing ticketing companies will keep growing, taking away marketshare from ticketing companies that can’t offer all of the advantages mentioned before.
Based on all of this I, pesonally, would say that €5 million/year in GET buybacks by 2023 is not an unreasonable prediction.
 
What can we expect from GET’s supply?
Demand for a token means nothing if the supply is unlimited. The best example of the importance of the supply is the recent Bitcoin halvening that got everyone excited.
Before the halvening around 1800 BTC were mined every day. Let’s say that at current prices this was around $16 million worth of BTC per day. The miners obviously have to sell a large portion of this to cover their costs. So even if there are no other sellers, a large number of BTC has to be bought from the market every day just to keep status quo of the current price.
Halvening basically means that the speed at which the supply increases will be halved (900 BTC mined on a daily basis instead of 1800). The supply of BTC will still continue to increase, only at a slower tempo.
Scarcity should be the ultimate goal when investing in utility tokens.
With GET’s utility token things are different: every GET bought by a ticketing company will be burned. Contrary to BTC the supply of GET will thus continue to decrease as time goes on, removing the stacks of those eager to sell.
This is not a dig at Bitcoin by the way as I’m a fan. Just highlighting the advantage an adopted utility token with good tokenomics has over “the king”.
I hope you now understand my expectation that the price will explode. Many holders will obviously not be willing to sell at current prices with such an increasing demand.
As the price is determined by many factors and we don’t know what the price will do exactly, it’s not possible to pin down the exact supply in the future. We do know that it will keep decreasing at a swift tempo unless the price goes parabolic.
 
Finding the equilibrum for the price
The demand for GET will keep increasing through adoption and the supply decreasing as the used GET are destroyed forever
The equilibrium price and equilibrium quantity occur where the supply and demand curves cross. The equilibrium occurs where the quantity demanded is equal to the quantity supplied. If the demand increases and the supply decreases then the price will rise until it finds a new equilibrium.
Putting a correct marketcap valuation on a crypto project is an extremely difficult task. With traditional companies we can for example rely on the revenue, profit, dividend payments, … to estimate what the company is/should be worth.
In most countries a 5% rental yield is considered a good investment. Of course it’s not fully comparable as these buybacks don’t automatically put money on your account. But they do increase the price and destroy the supply. So I think it’s in a way reasonable to extrapolate this 5% yield to our case.
Having explained why I expect atleast €5 million in yearly buybacks by 2023, that would mean the marketcap should be around €100 million (5% = the buyback of €5 million multiplied by 20).
The current circulating supply of GET is around 13,5 million. The expectation is that the burning mechanism will destroy more than half of that by 2023 (this takes into account an increasing price of the GET token). So let’s round it up to 5 million GET remaining.
A marketcap of €100 million with a supply of 5 million GET would mean a price of €20/GET. This would be an increase of 6566.67%.
Of course these numbers are not set in stone and merely a prediction but if you’ve been reading this blog you have come to understand why I am extremely bullish on the GET token.
I have completely taken the speculation factor or an “altseason” or “fomo” out of the equation and only focused on a price increase driven by an increasing demand and decreasing supply! So the focus is on an organic price growth.
Another great thing about holding a token with mass adoption and guaranteed buybacks is that I don’t have to worry about the price. As the buybacks are a guaranteed thing, the lower the price of GET the more GET is bought back and destroyed forever. So even a price decrease, as contradictory as it may sound, is bullish for longterm holders!
submitted by Damnyeahhh to CryptoMoonShots [link] [comments]

UNSUBSTANTIATED RUMOUR: I'm hearing reports from normally reliable contacts that there are serious problems with the bitcon.com mining operation, and hackers are involved. Bitcon.com customers getting pissed. They're not mining on BTC or BCH. Looks like it's all over.

LOL. Any comment Salty Roger? MemoryDealers ?
Last block mined on BTC: 583242 (2 days ago)
Last block mined on BCH: 589572 (22 hours ago)
Apparently Emil Oldenburg has gone missing after publicly arguing with Roger, and Shaun Chong has been fired and for now Hans Engren is trying to fix things - and until we see any Proof of Work (i.e. mined blocks) from Bitcon.com it is obvious he is failing, and the hackers are in charge.
This is not a ransom attempt apparently - this is a seek/destroy takedown. All their office computers are down too!
UPDATE
Japan is getting this news right now How long for China?
UPDATE #2 2019-07-03 11:55 UTC
I've been provided with some technical details and it all makes sense:-
Of course /npc is quiet about all of this because of fear, uncertainty, doubt.. no not FUD about this news, but FUD about being banned for speaking against them or questioning the truth or their narratives in the "uncensored subreddit"
UPDATE #3 2019-07-03 13:16 UTC
cash.coin.dance really does need to fix its pie chart code. bitcoin.com still appears there in "blocks mined today" piechart however it's been over 26 hours now since last block mined on BAB.
Please anon sending me messaging stating: "Roger is 51% attacking his own chain as Unknown Miner to double-spend the 3 million BAB he is moving". Don't spread FUD. We know due to centralisation and checkpointing that it's impossible to do this so easily. I have 2 sources who I communicate with daily who are giving me all this info. More news to come, but I want to wait for some sort of signal.
There is now a thread of discussion on /npc will be nice to see how they deny/ignore this one, however attempts have already been made and corrected. Remember BLOCKCHAIN = TRUTH.
UPDATE #4 2019-07-03 14:00 UTC
About those 3 million BAB that moved across the chain.... hmmmmm.... what if Roger moved it, but didn't move it to where he expected, now knows it didn't go where he thought he sent it, and has additional problem of not being able to rollback the blockchain due to "checkpoints" after 10 blocks as other miners are mining including "Unknown Miner" ;) Miner collusion impossible if "Unknown Miner" says "NO". Do we get another emergency ABC release?
C'mon Roger - time to speak out and inform especially those people who idolise you on /npc. Nobody will blame you, easy errors to make. Blame Emil - he hired guy who setup the VPN.
UPDATE #5 2019-07-03 14:18 UTC
Finally coin.dance have fixed their piechart code! Now it's easy for all to see... where is bitcoin.com ?
OK I have been told I'm going to receive documentary evidence about all that has happened around 17:00hs UTC. They've told me they'd rather Roger be straight with his followers in the meantime, but hey - we all know Roger!
UPDATE #6 2019-07-04 05:12 UTC
I fell asleep watching coin.dance waiting for BTC block, sorry folks. I thought my contacts were late due to "variance" in their rendezvous time but no. They told me "will update at 5" and I presumed 17:00. Nope, it's 05:00. They've told me to watch the blockchain for clues, they realise best way to catch out Roger is to produce a series of events, and watch his social media reaction. We've already seen the "everything is OK" narrative at /npc as a block (589720) magically appeared after 26 hours on the BAB chain. In fact things were so good that David Shares was forced to make "dupe post" about it. If David Shares had been a user making a dupe post about a "bad topic" he'd of been banned by David Shares. We've got evidence logs of him banning 3 people in past few weeks just for making duplicate posts on the "we don't censor" subreddit.
Let's examine the blockchain, cause according to /npc "everything is OK".
Number of BTC blocks mined by bitcoin.com since this post was made: 0
Number of BAB blocks mined by bitcoin.com since this post was made: 3 (some are calling these "virtue signalling blocks", and it's a lot cheaper to virtue signal with BAB).
Last BTC block mined is still 583242 (2019-07-01 01:01:38). That's 76 hours without block.
Last BCH blocks mined:-
10 hour gap.
589747
589736
589720
26 hour gap. This post was made.
589572
589520
589487
589479
589442
If you think 3 BAB blocks in 36 hours is OK then I have a SHA257 (that's 1 better than a 256 model) miner to sell you.
"jim-btc we will update within 24 hours. Watch the blockchain. We repeat watch the blockchain". Roger that my secret contacts, thanks!
UPDATE #7 2019-07-04 10:24
I've posted all the block times for both BTC & BAB so you can see this "variance" lie is not going to work for very long.
This is NOT financial advise
If you have BAB - dump that shit faster than a smelly diaper... it's obvious to all except those trapped in the BAB BABble bubble that something really stinks!
submitted by jim-btc to bitcoincashSV [link] [comments]

Trading, psychology, and the benefits of Trading Bots.

Trading, psychology, and the benefits of Trading Bots.

https://preview.redd.it/8lhgwekhbmv31.jpg?width=823&format=pjpg&auto=webp&s=35c417aa683b9fcdf37a126127c2e60c3ab405c2
Most beginners who open trading accounts on cryptocurrency exchanges and start independent trading, see only one goal — to earn as quickly as possible.
This is a big mistake. The fact is that trading on the stock exchange will only become truly profitable when it becomes a priority for the person who came to trading. As a rule, to combine trade with any other occupation and at the same time everywhere to succeed will not work.
Trading for a novice trader should be if not the main, then a very important and priority occupation. No need to wait for quick results.
Trading on the stock exchange — the same profession as a doctor, Builder or engineer. The only difference is that she can’t go to University. Just as one learns to be a Builder for five years, so it takes years to learn all the wisdom and secrets of the trade. Trading on the stock exchange is not a Stayer distance, it is a marathon. And the winner is the one who will find the courage to reach the end.
In addition, trade is very much changing a person, showing his qualities, which in everyday life he does not know. Over time, if a trader really wants to succeed in trading, he must completely rethink his life, change the system of values and look at many things, change himself.

Fear as a Component of Trading

The strongest emotion known to man is, of course, fear. What gives rise to the exchange’s fears? We can not predict the behavior of the market, and therefore fully control their money invested in its instruments. In addition to the unknown, when there is no understanding of how to safely get out of a predicament, we are afraid in advance of what traumatized us earlier. Because fear is so emotional, you need to surround yourself with the right facts to drive it away. We need to know for sure that our trading system should not generate more than three consecutive losing trades. Winners plan what to do if their trades fail.
So only a systematic approach will protect us from ourselves. That is why the investment rules written in the trading templates exist not only to communicate the best market opportunities but, more importantly, to protect us from our own internal “demons”.

Emotions in Trading

Seekers of strong emotions, adrenaline forget everything in pursuit of excitement. It follows that a novice investor, overtaken by the “adrenaline curse”, will trade at the slightest opportunity. Yet Dostoevsky, one of the most famous and avid players, said that for him the most acute feeling in life — to win money. The second most acute feeling is to lose them.
Paradoxically, few things give more pleasure than getting rid of the pain and torment of being in a losing trade. This creates a mental internal conflict. Awareness of losses brings “excitement” or a sense of exaltation, and our emotionality does not care what we pay for these experiences losses in the brokerage account. “Adrenaline curse” will drive us into the trade for thrills and extract them from there, regardless of the price.

Intuition on the Exchange

The mind of an intuitive investor tries to construct mental constructions of events. I will try to explain what mental construction is by the example of a chess player’s thinking. The grandmaster understands and remembers the position of each figure in terms of its mental constructions and relationships inherent in the arrangement of figures. The random arrangement of the figures does not fit into any of his mental constructs, and he cannot structure what he sees.
Market patterns on cryptocurrency charts compared to chess compositions include an excessive element of chaos so that they can be interpreted intuitively. Investors with intuition are able to achieve success with the help of” flair”, but this flair often leaves them. The intellect of the rational trader, on the contrary, is manifested in his ability to logically comprehend what is happening to him and to the reality around him and to make on this basis the simplest and most correct decision. Intuition is the ability of a person to penetrate into the essence of things not by reasoning or logical thinking, but by instantaneous, unconscious insight. This is the ability of a trader to “ see the market not with his mind but with his heart.” But, even with a highly developed intuition, you can not act on the market, using only it.This is the trap of intuitive trading — it is impossible to learn.

Fear of Taking Responsibility

What distinguishes successful traders from losers who lose money? First of all look at life. Most people are very passive.
If you ask people if they are happy with their lives, the answer is likely to be negative. On the question of who is to blame, I would say that the fault of the parents who have not given a good education, why now not get a good job; blame the employer who delays wages; blame the dollar, which is rising, then falling; to blame the President and the government who do not pay pensions, etc., In their troubles and problems most of the people blame anyone but themselves.
The same thing happens in the market because the exchange is a mirror of our life. Talk to the trader losing money, ask why he can’t make money in the market. He replied that the fault of the insiders, manipulators, blame the binary options broker too much Commission, to blame the neighbor who suggested the deal, which turned into a heavy loss. In other words, he himself would have been a millionaire long ago, but for a number of reasons, certainly beyond his control, until that happened.
If a person wants to achieve something-not just to lead a life, which are millions of ordinary people (every day to go to work, save five years for a car, twenty years for an apartment, etc.), and to live a full life, so that the financial issue went into the background, to work for fun, not for money, he needs to take responsibility for everything that happens in his life. A person needs to realize that the cause of everything that happens to him is himself.It is this view that allows you to succeed in life and in any business. And trade is no exception.
This is the way successful traders look at life. Once you realize that the cause of all your losses is yourself, and not some mythical manipulators, then the case will move forward.
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In the age of digital technologies, when artificial intelligence develops, computer technologies improve, mankind creates various tools to facilitate their own life and everyday life.
If we pay attention to trading, then this direction is actively developing, getting new and unique tools. Since any trader (beginner or experienced specialist) is subject to emotions and various psychological factors, there are tools such as trading bots.

Trading Bots/Robots

A trading robot (bot) is a program that has a certain algorithm. It buys or sells cryptocurrency assets, focusing on the situation in the market. The first trading robots appeared in 2012, and since then they have become more and more perfect. Currently, according to some estimates, 90% of short-term transactions are made either by bots or with their participation.
Bots are usually developed for specific trading platforms. Most cryptocurrency exchanges have an API, and they are generally positive about free auto trading within their platform.
In contrast to the positive attitude to exchange robots, exchanges often have a negative attitude to arbitration robots. On the rules of trade can be found in the official documentation of the exchange, and if there is no such information, the question can be asked directly to technical support.Some people wonder: is it possible to write your bot trader? This is not an easy option, which is suitable only for experienced programmers. After writing, bots are tested for a long time in the market, corrected numerous errors, corrected strategy.
A programmer can also write a bot based on someone else’s code. Some bots are open source, and anyone can find it on GitHub and modify it to fit their needs.
Buy a bot for trading cryptocurrency: there are inexpensive programs for trading (about $ 10), and the cost of more high-quality and complex exceeds more than $ 200 and even $ 1000. There is no maximum price limit for bots, top bots are written to order $ 1500 and more.
Users are usually offered a choice of several tariff plans for crypto bots, from economy to luxury. The inexpensive option includes the most basic trading algorithms, and the expensive one brings maximum profit and works on more complex algorithms. Arbitration bots are a more expensive exchange. Known cases when downloading the bot, people got on your computer virus-miner or virus-cipher, which encrypt all your personal files and demanded a ransom in bitcoin, usually in bitcoin. Naturally, after transferring the ransom to the specified wallet, no decryption of the files occurred.
Trading strategy of stock and arbitrage bots can be very simple, for example:- When the price of cryptocurrency decreases, you need to buy it.- If the price rises, it should be sold.- Or much more complicated. The algorithm can take into account historical data for the last time, indicators, navigate by signals. Quality bots analyze more than a hundred parameters when placing orders.
Some programs do not change the algorithm, and there are bots that can connect or configure additional parameters. This option is well suited for experienced traders who have their own preferences in the style of trading.
A standard bot can perform such actions:- To assess the market situation, to monitor the rate at a given period of time, to make a forecast. In manual trading, it can show signals to the trader.- Create buy or sell orders.- To report on the profit or loss received.
On the example of our IMBA-Exchange, we came to the conclusion that we also need to provide an opportunity for each trader to use bots so that they can be in a comfortable trading environment.
Our exchange specialists are developing their own bot for cryptocurrency trading, which will be an excellent and convenient addition to every trader who wants to eliminate the psychological factor and seeks to get stable earnings without losing personal time.
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IMBA-Exchange Metronix bot makes life easier for every investor.
For example, Ing. Michael Eder the CEO of IMBA-Exchange, who has 10 years of experience in trading and the last 3 years in cryptocurrency trading, has firmly decided for himself that in the current realities trading on the exchange simply needs bots:
Throughout the time that I have been trading, I can confidently say that today trading bots are necessary for all traders as the main tool. No matter how long you are in exchange trading, but the nature of the person is designed so that under the influence of psychological factors, market conditions, etc. You still make mistakes and, as a result, this leads to financial losses.Our Metronix Trading Bot will help to solve these problems and eliminate negative consequences. A bot is a tool; it has no feelings. He performs a specific task for a given program and performs it almost unmistakably. The task of the trader is to monitor the situation on the market and correctly, as well as at the right time to configure your bot.
Stay with us, in front of you will find many interesting and new.
Material developed by experts IMBA-Exchange
submitted by IMBA-Exchange to u/IMBA-Exchange [link] [comments]

[Release] PoE Addon Launcher and Manager (PAL)

V1.4 HAS BEEN RELEASED PLEASE UPDATE YOUR LAUNCHER! https://github.com/POE-Addon-LaunchePoE-Addon-Launchereleases

Hi there, I'm Rizlim I created: https://github.com/Pastillage/PoE_Level_Buddy (Check the twitch URL in the readme if you don't believe me); Also here's the previous release post: https://www.reddit.com/pathofexile/comments/9himba/release_poe_addon_launcher_and_manager_pal_first/
Anyhow, I'm proud to announce a project I've been working on for a little bit, namely, an Addon Manager and Launcher for Path of Exile! https://github.com/POE-Addon-LaunchePoE-Addon-Launchereleases
Here's a video showcasing the base features: https://youtu.be/hR9b4XUZtNM
First things first, there will be bugs, this is the first time I'm releasing this to the public so I'm expecting it to not work for 50% of the people trying it, that's just how it is, that being said please report bugs either on this post, /PoEAddonLauncher, create an issue on github or just DM me somewhere on the internet.
Now let's get down to business.

What is working

  • Downloading and updating Addons
  • Downloading and updating Filters (Through Filterblast API)
  • Launching Addons when you want to launch PoE
  • Launching Addons from the installed tab
  • Adding your own addons (Through repositories)

What is planned?

  • Better way to add Addons and Filters
  • Add your own Repositories/APIs
  • In-game overlay for using website based tools (i.e. Vorici Calc)
  • In-game overlay version of PoE Level Buddy (yes, I'm reviving it)
  • Downloading and updating user generated Soundpacks
  • Probably a dedicated server rather than letting github do everything.
  • C# Version
    Now that we've had that, how do I install / use it? I've created a video just for that! Watch it here: https://youtu.be/hR9b4XUZtNM
What addons are currently available?
Where can I download it? * https://github.com/POE-Addon-LaunchePoE-Addon-Launchereleases
Why should I trust you to not install some weird viruses / hid some bitcoin miner?
  • The code is fully open-source so have a look for yourself, I also hope that having made POE Level Buddy at least gives me some credibility.
Ok, then maybe I can trust you then what about any random addon tool maker that can just add viruses / bitcoin miners / ransomware / whatever.
  • I will ofcourse not just let anyone upload anything they like, I'm only adding tools that are proven to be legit and working.
    What if they add some bad software post-release?
  • I ofcourse can't guarantee what anyone does with their programs, all I can do is remove the software from our listings, as with everything on the internet, don't just download everything make some effort to understand what you are downloading and what it could do.
Will you allow closed-source addons in PAL? * Right now I will not allow closed-source software in the Official Repositories, once I've released custom repositories as a feature, users could make their own repository with their closed software. So, the only way to get closed software through PAL will be through adding your own repository.
submitted by Rizlim to pathofexile [link] [comments]

Bitcoin and Cryptocurrencies are in reality a hyperinflationary multilevel-marketing pyramid cult of anarcho-capitalism and contradictory hypocrisy, prove me wrong/change my mind effort post itt

Reminder, Satoshi's Bitcoin and every other cryptocoin is designed to enrich a tiny minority of oligarchs who produce the supply for measurably less work/capital input than late adopters. These members form the inner circle of the cult who are than heavily incentivized to disseminate propaganda and psychological marketing tactics to the public "investors" who further spread the marketing-cult "white paper" claims like a virus in the hope that they will be able to leverage their low-effort low-capital database tokens though the smoke and mirrors and low liquidity exchanges and tape painting in order to pass their bags for real capital as all the later users buy into the dream that they too will become one of the oligarchs.
For future alpaca farmers, Sexton and Saitone laid out some of the major hallmarks of a speculative bubble, including: (1) The asset not the product is the thing being marketed (i.e. live alpacas, not fiber),
Bitcoin cult members sell users the dream of egalitarian wealth, when in reality the math and code behind Bitcoin simply created a system where existing capital is proportionally transfered into Bitcoin during the temporary hyperinflationary phase at an accelerated rate based on how early one begins to to set up server farms. Early users spent measurably less capital to generate significantly more of the supply. The Bitcoin protocol and mining algorithm is not some fancy complex math (Bitcoin mining math amounts to a lottery system, more capital gives more lottery ticket printers). Mining boils down to wasting more work and energy for less output as time passes.
(2) investors have unrealistic expectations (alpaca fiber would replace wool, despite the lack of infrastructure; and besides the fact that people don’t really wear that much wool),
Cryptocoins seek to turn money and now entire industries and services into speculative gift cards where the majorty of the supply is in the hands of a few "pre-sale ICO" kings and a few existing wealthy whales who have set up large warehouses in China, Washington, South East Asia, etc. Are we to expect the future robber barons who bought a bunch of gamer graphics cards to waste energy running this software deserve anything?
https://www.politico.com/magazine/story/2018/03/09/bitcoin-mining-energy-prices-smalltown-feature-217230
https://www.popularmechanics.com/culture/web/a11610/this-is-what-happens-when-a-bitcoin-mine-burns-down-17410755/
Honestly, if the mining software actually produced real world useful work though distributed computing like BOINC ( https://boinc.berkeley.edu/ ) , [email protected] ( http://folding.stanford.edu/ ) - than mining would have a measurable value but instead the computational energy is wasted though a convoluted "guess a random number" game. Also note, guessing a random number and increasing the amount of capital to waste by guessing a random number (leading 0 hash) is not to be confused with a secure decenteralized ledger of trust - this is a gimmicky ass way that can be observed being actively exploited by pools and large hashfarms in many of the smaller PoW altcoins.
See also how smart contracts can be manipulated by large mining operations:
https://steemit.com/ethereum/@dhumphrey/f2pool-manipulates-usd1-2-million-on-the-ethereum-blockchain-during-the-status-im-ico
and note that PoS systems are even bigger scams (i.e. Raiblocks and supposedly the future of Ethereum) where the supply is premined and PoW transaction verification rewards are statistically granted to the richest users who coincidently are the early adopters or existing capital hodlers, poors don't even qualify for staking rewards.
(3) information is controlled through industry sources (most of the information the researchers were able to dig up was put out by breeding associations),
Even in the more reputable publications, journalists boil down the computer science into the marketing claims of what Blockchain and smart contracts cultist CLAIM it can do. These are solutions in search of problems.
Blockchains are inefficenct databases, and lying about data input or stealing the deed to your house never seems to be a problem.
Smart contracts need a data source to trigger, and how can data be trusted in an adveserial decenteralized network? A set of trusted "Oricales" who 'stake' their beanie babies? What's the use case for a smart contract? What happens if someone puts up a smart contract to assisinate the head of all the three letter agencies, the Queen, and the UN, and the international monitary fund?
(4) small scale investors predominate (Foster Farms did not open an alpaca plant).
The cult of bagholders think they are the kings.
The underlying bitcoin/cryptocoin systems are simply a shitty anarcho-capitalist scam cult.
The idealist vision behind ecash is great and all but it's a huge mistake to dismiss the side effect of further enabling a system designed for anarcho-capitalist black markets. This could easily spiral out into a long winded debate and flame war, but ill just point out that the game theory behind bitcoin favors early adopters (just some dudes who ran some software before other people.. software that can be duplicated ad infinitum ) at the expense of extracting real wealth from users who join at any later time.
Bitcoiners claim Satoshi style ecash systems are a response to the 2008 financial collapse, fiat inflation, central banks etc, and yet the replacement system Satoshi designed just exacerbates the existing capital system into a measurably worse oligarchical techno-cult which embraces the enablement of lawlessness. If the claim of "trustless" and "decenteralized" is a main selling point, it's an illusion at best and manipulative propaganda at worst as there are centeral points of control within the cryptocoin ecosystems- i.e. /bitcoin censorship, anonymous developers, mining pool operators, really fucked up exchanges operating behind 7 shell companies in seychelles, the whole shitshow behind tether pulling what amounts to be fraud and theft of large sums of assorted cryptocurrencies simply because exchanges are central power hodlers and can exploit normie small fish traders (exchanges are poised to even exploit the whales) via front running and cooking the books though manipulative insider trading.
There's no accountablity in the cryptocoin space - so while tradiational systems are flawed, we at least know who to blame and how to find them and hold them legally responsible. With anarcho-capital systems, we lose that option. Additionally, the production of the money supply in these specific implementations of cryptocoins are measurably worse than traditional money minting and distribution systems.
One important point: if we actually include all 7 billion people on the earth, most of whom have zero BTC or Ethereum, the Gini coefficient is essentially 0.99+. And if we just include all balances, we include many dust balances which would again put the Gini coefficient at 0.99+. Thus, we need some kind of threshold here. The imperfect threshold we picked was the Gini coefficient among accounts with ≥185 BTC per address, and ≥2477 ETH per address. So this is the distribution of ownership among the Bitcoin and Ethereum rich with $500k as of July 2017.
In what kind of situation would a thresholded metric like this be interesting? Perhaps in a scenario similar to the ongoing IRS Coinbase issue, where the IRS is seeking information on all holders with balances >$20,000. Conceptualized in terms of an attack, a high Gini coefficient would mean that a government would only need to round up a few large holders in order to acquire a large percentage of outstanding cryptocurrency — and with it the ability to tank the price.
With that said, two points. First, while one would not want a Gini coefficient of exactly 1.0 for BTC or ETH (as then only one person would have all of the digital currency, and no one would have an incentive to help boost the network), in practice it appears that a very high level of wealth centralization is still compatible with the operation of a decentralized protocol. Second, as we show below, we think the Nakamoto coefficient is a better metric than the Gini coefficient for measuring holder concentration in particular as it obviates the issue of arbitrarily choosing a threshold.
...However, the maximum Gini coefficient has one obvious issue: while a high value tracks with our intuitive notion of a “more centralized” system, the fact that each Gini coefficient is restricted to a 0–1 scale means that it does not directly measure the number of individuals or entities required to compromise a system.
Specifically, for a given blockchain suppose you have a subsystem of exchanges with 1000 actors with a Gini coefficient of 0.8, and another subsystem of 10 miners with a Gini coefficient of 0.7. It may turn out that compromising only 3 miners rather than 57 exchanges may be sufficient to compromise this system, which would mean the maximum Gini coefficient would have pointed to exchanges rather than miners as the decentralization bottleneck.
Conversely, if one considers “number of distinct countries with substantial mining capacity” an essential subsystem, then the minimum Nakamoto coefficient for Bitcoin would again be 1, as the compromise of China (in the sense of a Chinese government crackdown on mining) would result in >51% of mining being compromised.
https://medium.com/@balajis/quantifying-decentralization-e39db233c28e
https://medium.com/@Bitfinexed
submitted by buttcoin_juice to Buttcoin [link] [comments]

DXCHAIN: big data meets blockchain (development progress)

Dxchain is world's first decentralized big data and machine learning network powered by a computing-centric blockchain.
Let's discuss it's development progress and project updates.
Dxchain is now an open source - debut of godx
You guys may be wondering “What’s Godx? What are the contents and features of the open-source code? What does open source really mean?”
What’s Godx? Godx is a blockchain project written by the DxChain team using Go. Currently, it supports 64-bit Linux and MacOS operating systems. It not only implements the common blockchain ledger system, but also implements a large-scale distributed storage system. Compared to traditional storage service providers, Godx is based on the blockchain tech that can provide users with more transparent, secure and efficient distributed storage services.
How can I access Godx open source? DxChain’s full open-source code for testing Network 3.0 is hosted on DxChain’s GitHub. Click this link to get the code: https://github.com/DxChainNetwork/Godx
Why open source? In the blockchain world, code is law, and it forms the community consensus on the blockchain. From now on, the DxChain Godx project is open source, which means that any engineer familiar with the go language can access the code through the provided link. This allows them to review its internal implementation logic, verify and modify the code, and compile their own executable file. It also means that no Trojan or backdoor virus can hide in the program to ensure that the project runs in a completely open and safe environment. The DxChain team is willing to work with community members to maintain this code-based law and build a healthy developer ecosystem.
Currently, DxChain uses GitHub as a platform for all code development and management. Starting today, the code modification and upgrade of all subsequent DxChain project developments will be carried out in a completely open and transparent environment. We welcome the supervision and inspection of team members from the global community. We will use actions to prove that DxChain is serious about its open-source code. I hope that every technology enthusiast can provide us with more valuable suggestions in order to improve our decentralized storage ecosystem!
What’s inside the Godx open source code? The Godx project is written in Go language and contains 1,706 go language source files, totaling 738,531 lines of code, which was developed by 8 main engineers. (For detailed indicators, please refer to GitHub statistics: https://github.com/DxChainNetwork/Godx/pulse The main module of the program includes general blockchain templates such as account, consensus, core, miner, p2p, rpc and evm, in addition to storage contract modules such as a storage client for storageclient and storagehost.
The high-quality code isn’t the only thing that makes this project outstanding. We believe that a clear and detailed document is equally as important in order to get developers started. The DxChain team provides community developers with detailed development updates and usage documentation. Throughout the project, use the tutorial found in the README.md document (https://github.com/DxChainNetwork/Godx). Developers can easily configure and install Godx code and experience DxChain storage and mining functions.
What are the features of the Godx project? The DxChain team has always been committed to using blockchain technology to provide solutions for data storage and computing problems. We will elaborate on the various futuristic tech innovations used in the project and bring you a taste of the future. This article will briefly introduce the following three aspects: EVM smart contracts, lightning network storage protocol and fast verification algorithm.
Compatibility with EVM Virtual Machine In the smart contract solution, the Ether-compatible virtual machine has 3 unique advantages. It is Turing complete, has DAPP development based on smart contracts, and its EVM platform is situated in the mainstream. The DxChain team has expanded ethereum’s original EVM and added a storage contract function while still being compatible with the original virtual machine commands. Therefore, developers can use both EVM and storage contract functions. The original Ethereum DAPP developers can directly compile the source code of their APP into Godx with almost no modification, which greatly reduces the development cost for the majority of developers.
Lightning Network Storage Protocol Since its launch, Lightning Network had the expectation to improve bitcoin transaction speed and scalability. In the algorithm of the offline file contract, the DxChain team also adopted a protocol similar to the lightning network channel. We call it the storage protocol. The storage protocol allows two parties who store the same file in the main chain to sign the contract, carry out the pledge fund and follow up on many detailed activities (such as uploading/downloading files) that can be implemented offline until the funds are settled by both parties. This means that even if there are huge files in the network that need to be stored, it can be quickly completed, without affecting the main chain, greatly improving storage performance and throughput efficiency.
Compatibility with EVM Virtual Machine In the smart contract solution, the Ether-compatible virtual machine has 3 unique advantages. It is Turing complete, has DAPP development based on smart contracts, and its EVM platform is situated in the mainstream. The DxChain team has expanded ethereum’s original EVM and added a storage contract function while still being compatible with the original virtual machine commands. Therefore, developers can use both EVM and storage contract functions. The original Ethereum DAPP developers can directly compile the source code of their APP into Godx with almost no modification, which greatly reduces the development cost for the majority of developers.
Zero-second file storage verification algorithm Through the specially designed Merkle Tree algorithm, the DxChain team implemented a zero-second network-wide method based on file storage verification. Compared to other algorithms, this algorithm saves necessary network interaction time, so that the acceptance speed of large files can be kept within milliseconds. Through this verification algorithm, all file storage will be efficiently verified by the entire network, in order to eradicate hackers.
The DxChain project is unique because of the achievements and improvements made by our team of talented engineers. In the future, we aim to release a series of analytical articles to provide an in-depth explanation of DxChain’s open-source code. Please stay tuned!
Conclusion Finally, the DxChain team would like to thank all of the supporters who accompanied us. Godx Open Source showcased the transformation of DxChain from being a team leading project to one that is driven by the community.
Everyone is welcome to provide us with valuable comments or suggestions by reporting an issue on GitHub. Every bug report and algorithm proposal will help DxChain’s development. We look forward to developing with DxChain's global community in the future, building a win-win, healthy developer ecosystem with continuous technological innovation, and leaving a permanent mark on the blockchain world.
Please share your views and suggestions Here is the website link: https://www.dxchain.com/
submitted by TechnicalChaudhary to cloudstorage [link] [comments]

What is a Cryptocurrency Wallet?

What is a Cryptocurrency Wallet?
Use this straightforward guide to learn what a cryptocurrency wallet is, how they work and discover which ones are the best on the market.
A cryptocurrency wallet is a software program that stores private and public keys and interacts with various blockchain to enable users to send and receive digital currency and monitor their balance. If you want to use Bitcoin or any other cryptocurrency, you will need to have a digital wallet.
How do they work?
Millions of people use cryptocurrency wallets, but there is considerable misunderstanding about how they work. Unlike traditional ‘pocket’ wallets, digital wallets don’t store currency. In fact, currencies don’t get stored in any single location or exist anywhere in any physical form. All that exists are records of transactions stored on the blockchain.
Cryptocurrency wallets are software programs that store your public and private keys and interface with various blockchain so users can monitor their balance, send money and conduct other operations. When a person sends you bitcoins or any other type of digital currency, they are essentially signing off ownership of the coins to your wallet’s address. To be able to spend those coins and unlock the funds, the private key stored in your wallet must match the public address the currency is assigned to. If public and private keys match, the balance in your digital wallet will increase, and the senders will decrease accordingly. There is no actual exchange of real coins. The transaction is signified merely by a transaction record on the blockchain and a change in balance in your cryptocurrency wallet.
What are the different types of Cryptocurrencywallets?
There are several types of wallets that provide different ways to store and access your digital currency. Wallets can be broken down into three distinct categories – software, hardware, and paper. Software wallets can be a desktop, mobile or online.
Are Cryptocurrency wallets secure?
Wallets are secure to varying degrees. The level of security depends on the type of wallet you use (desktop, mobile, online, paper, hardware) and the service provider. A web server is an intrinsically riskier environment to keep your currency compared to offline. Online wallets can expose users to possible vulnerabilities in the wallet platform which can be exploited by hackers to steal your funds. Offline wallets, on the other hand, cannot be hacked because they simply aren’t connected to an online network and don’t rely on a third party for security.
Although online wallets have proven the most vulnerable and prone to hacking attacks, diligent security precautions need to be implemented and followed when using any wallet. Remember that no matter which wallet you use, losing your private keys will lead you to lose your money. Similarly, if your wallet gets hacked, or you send money to a scammer, there is no way to reclaim lost currency or reverse the transaction. You must take precautions and be very careful!
Although Bitcoin is by far the most well-known and popular digital currency, hundreds of newcryptocurrencies (referred to as altcoins) have emerged, each with distinctive ecosystems and infrastructure. If you’re interested in using a variety of cryptocurrencies, the good news is, you don’t need set up a separate wallet for each currency. Instead of using a cryptocurrency wallet that supports a single currency, it may be more convenient to set up a multi-currency wallet which enables you to use several currencies from the same wallet.
Are there any transaction fees?
There is no straightforward answer here.
In general, transaction fees are a tiny fraction of traditional bank fees. Sometimes fees need to be paid for certain types of transactions to network miners as a processing fee, while some transactions don’t have any fee at all. It’s also possible to set your own fee. As a guide, the median transaction size of 226 bytes would result in a fee of 18,080 satoshis or $0.12. In some cases, if you choose to set a low fee, your transaction may get low priority, and you might have to wait hours or even days for the transaction to get confirmed. If you need your transaction completed and confirmed promptly, then you might need to increase the amount you’re willing to pay. Whatever wallet you end up using, transaction fees are not something you should worry about. You will either pay minuscule transaction fees, choose your own fees or pay no fees at all. A definite improvement from the past!
Are cryptocurrency wallets anonymous?
Kind of, but not really. Wallets are pseudonymous. While wallets aren’t tied to the actual identity of a user, all transactions are stored publicly and permanently on the blockchain. Your name or personal street address won’t be there, but data like your wallet address could be traced to your identity in a number of ways. While there are efforts underway to make anonymity and privacy easier to achieve, there are obvious downsides to full anonymity. Check out the DarkWallet project that is looking to beef up privacy and anonymity through stealth addresses and coin mixing.
Which Cryptocurrency wallet is the best?
There is an ever-growing list of options. Before picking a wallet, you should, however, consider how you intend to use it.
Bread Wallet
Bread Wallet is a simple mobile Bitcoin digital wallet that makes sending bitcoins as easy as sending an email. The wallet can be downloaded from the App Store or Google Play. Bread Wallet offers a standalone client, so there is no server to use when sending or receiving bitcoins. That means users can access their money and are in full control of their funds at all times. Overall, Bread Wallet’s clean interface, lightweight design and commitment to continually improve security, make the application safe, fast and a pleasure to use for both beginners and experienced users alike.
Mycelium
Advanced users searching for a Bitcoin mobile digital wallet, should look no further than mycelium. The Mycelium mobile wallet allows iPhone and Android users to send and receive bitcoins and keep complete control over bitcoins. No third party can freeze or lose your funds! With enterprise-level security superior to most other apps and features like cold storage and encrypted PDF backups, an integrated QR-code scanner, a local trading marketplace and secure chat amongst others, you can understand why Mycelium has long been regarded as one of the best wallets on the market.
Exodus
Exodus is a relatively new and unknown digital wallet that is currently only available on the desktop. It enables the storage and trading of Bitcoin, Ether, Litecoins, Dogecoins and Dash through an incredibly easy to use, intuitive and beautiful interface. Exodus also offers a very simple guide to backup your wallet. One of the great things about Exodus is that it has a built-in shapeshift exchange that allows users to trade altcoins for bitcoins and vice versa without leaving the wallet.
Copay
Created by Bitpay, Copay is one of the best digital wallets on the market. If you’re looking for convenience, Copay is easily accessed through a user-friendly interface on desktop, mobile or online. One of the best things about Copay is that it’s a multi-signature wallet so friends or business partners can share funds. Overall, Copay has something for everyone. It’s simple enough for entry-level users but has plenty of additional geeky features that will impress more experienced players as well.
Jaxx
Jaxx is a multi-currency Ether, Ether Classic, Dash, DAO, Litecoin, REP, Zcash, Rootstock, Bitcoin wallet and user interface. Jaxx has been designed to deliver a smooth Bitcoin and Ethereum experience. It is available on a variety of platforms and devices (Windows, Linux, Chrome, Firefox, OSX, Android mobile & tablet, iOS mobile & tablet) and connects with websites through Firefox and Chrome extensions. Jaxx allows in wallet conversion between Bitcoin, Ether and DAO tokens via Shapeshift and the import of Ethereum paper wallets. With an array of features and the continual integration of new currencies, Jaxx is an excellent choice for those who require a multi-currency wallet.
Armory
Armory is an open source Bitcoin desktop wallet perfect for experienced users that place emphasis on security. Some of Armory’s features include cold storage, multi-signature transactions, one-time printable backups, multiple wallets interface, GPU-resistant wallet encryption, key importing, key sweeping and more. Although Armory takes a little while to understand and use to it’s full potential, it’s a great option for more tech-savvy bitcoiners looking to keep their funds safe and secure.
Trezor is a hardware Bitcoin wallet that is ideal for storing large amounts of bitcoins. Trezor cannot be infected by malware and never exposes your private keys which make it as safe as holding traditional paper money. Trezor is open source and transparent, with all technical decisions benefiting from wider community consultation. It’s easy to use, has an intuitive interface and is Windows, OS X and Linux friendly. One of the few downsides of the Trezor wallet is that it must be with you to send bitcoins. This, therefore, makes Trezor best for inactive savers, investors or people who want to keep large amounts of Bitcoin highly secure.
Ledger Nano
The Ledger Wallet Nano is a new hierarchical deterministic multisig hardware wallet for bitcoin users that aims to eliminate a number of attack vectors through the use of a second security layer. This tech-heavy description does not mean much to the average consumer, though, which is why I am going to explain it in plain language, describing what makes the Ledger Wallet Nano tick. In terms of hardware, the Ledger Wallet Nano is a compact USB device based on a smart card. It is roughly the size of a small flash drive, measuring 39 x 13 x 4mm (1.53 x 0.51 x 0.16in) and weighing in at just 5.9g.
Pros:
Cons:
Green Address
Green Address is a user-friendly Bitcoin wallet that’s an excellent choice for beginners. Green Address is accessible via desktop, online or mobile with apps available for Chrome, iOS, and Android. Features include multi-signature addresses & two-factor authentications for enhanced security, paper wallet backup, and instant transaction confirmation. A downside is that Green Address is required to approve all payments, so you do not have full control over your spending
Blockchain (dot) info
Blockchain is one of the most popular Bitcoin wallets. Accessing this wallet can be done from any browser or smartphone. Blockchain.info provides two different additional layers. For the browser version, users can enable two-factor authentication, while mobile users can activate a pin code requirement every time the wallet application is opened. Although your wallet will be stored online and all transactions will need to go through the company’s servers, Blockchain.info does not have access to your private keys. Overall, this is a well-established company that is trusted throughout the Bitcoin community and makes for a solid wallet to keep your currency.
submitted by Tokenberry to NewbieZone [link] [comments]

[Very long, very serious] Development summary week ending 18th April 2014

When I got my first full time job, I used to try implementing requests from everyone as they came in, and for a while people really loved that I listened to their requests. Over time, however, things started to go wrong. I’d apply a change someone asked for, and in doing so would break something elsewhere in the code, in some subtle way that was missed in short-term testing. I’d fix that second bug and reveal a third. I’d fix that just in time for a new request to come in, and the process repeat. This led to the term “Bug whack-a-mole”, wherein I was spending time mostly fixing bugs introduced to live systems through rushing through earlier bug fixes.
So this week, we’ve had a lot of people asking about changes to proof-of-work, especially X11, or even moving to proof of stake, primarily in an attempt to address risk of a 51% attack. A 51% attack is where one actor (person, group, organisation, whatever) gains control of enough resources to be able to create their own blockchain, isolated from the main blockchain, at a rate at least as quickly as the main blockchain is being created. They can then spend Dogecoins on the main blockchain, before releasing their fake blockchain; if their fake blockchain is longer than the existing blockchain, nodes will switch to the new blockchain (as they would when repairing a fork), and essentially the spent Dogecoin on the main blockchain are reversed and can be spent again. This is mostly of consequence to exchanges and payment processors (such as Moolah), who are most likely to end up holding the loss from the double-spend.
The concern about a 51% attack stems from a couple of weeks ago now, when Wafflepool was around 50% of the network hashrate (mining power). It’s still high (at the time of wring about 32GH/s out of almost 74GH/s, or about 43%), but it is diminishing as a proportion.
Lets talk about proof of stake first, as this one’s simpler. Proof of stake has been suggested as a way of avoiding the risk of Wafflepool having control of too many mining resources by itself, by changing from securing the blockchain through computational resources (work), to using number of Dogecoin held. The theory is that those with most Dogecoins have most to lose, and will act in their own interests. Major examples of proof of stake coins include Peercoin, Mintcoin and more recently Blackcoin.
However, this essentially means we take control from Wafflepool, and hand it to Cryptsy (who are considered most likely to be the holder of some of the huge Dogecoin wallets out there). I by no means expect either organisation to attempt a 51% attack, but hopefully it’s clear that simply switching risks isn’t actually improving things. I’ve also had significant concerns raised from the merchant/payment processor community about potential impact of proof of stake, and that it may encourage hoarding (as coins are awarded for holding coins, rather than for mining). The price instability of Mintcoin and Blackcoin (and that Peercoin appears to only avoid this through very high transaction fees to keep the entire network inert) does not encourage confidence, either. For now, proof of stake remains something we’re keeping in mind, primarily in case price does not react as anticipated to mining reward decreases over time, but certainly we’re not eager to rush into such a change.
Before I get into a discussion on proof of work, let me summarise this quickly; right now, uncertainty about changes is holding back our community from adopting ASICs. It’s high risk to spend hundreds, thousands or in some cases significantly more on ASIC hardware which could be left useless if we move. Those who have already purchased ASICs to support the Dogecoin hashrate would most likely have to mine Litecoin to recover sunk costs, if we did move. ASICs are virtually inevitable, and in our assessment we are better off pushing for rapid adoption, rather than expending resources delaying a problem which will re-occur later.
At the time of writing the development team has no plans to change proof of work algorithm outside of the eventuality of a major security break to Scrypt. We are focusing on mitigation approaches in case of a 51% attack, and adoption of the coin as the most sustainable approaches to dealing with this risk.
The X11 algorithm has been proposed as an alternative proof of work algorithm. X11, for those unaware, was introduced with Darkcoin. It’s a combination of 11 different SHA-3 candidate algorithms, using multiple rounds of hashing. The main advantage championed for Darkcoin is that current implementations run cooler on GPU hardware. Beyond that, there’s a lot of confusion over what it does and does not do. As I’m neither an algorithms or electronics specialist, I recruited a colleague who previously worked on the CERN computing grid to assist, and the following is primarily his analysis. A full technical report is coming for anyone who really likes detail, this is just a summary:
A lot of people presume X11 is ASIC resistant; it’s not. Candidate algorithms for SHA-3 were assessed on a number of criteria, including simplicity to implement in hardware. All 11 algorithms have been implemented in FPGA hardware, and several in ASIC hardware already. The use of multiple algorithms does significantly complicate ASIC development, as it means the resulting chip would likely be extremely large. This has consequences for production, as the area of a chip is the main determining factor for likelihood of an error in the chip.
The short version being that while yes it would take significant resources to make an efficient ASIC for X11, for a long time Scrypt was considered infeasible to adapt to ASICs. As stated earlier, any move would most likely be nothing more than an extremely expensive and risky delaying manoeuvre. ASIC efficiency would also depend heavily on ability to optimise the combination of the algorithms; a naive implementation would run at around the rate of the slowest hashing algorithm, however if any common elements could be found amongst the algorithms, it may be that this could be improved upon significantly
There are also significant areas of concern with regards to X11. The “thermal efficiency” is most likely a result of the algorithm being a poor fit for GPU hardware. This means that GPU mining is closer to CPU mining (the X11 Wiki article suggests a ratio of 3:1 for GPU/CPU mining performance), however it also means that if a way of was found to improve performance there could be significantly faster software miners, leading to an ASIC-like edge without any of the hardware development costs. The component algorithms are all relatively new, and several were rejected during the SHA-3 competition for security concerns (see http://csrc.nist.gov/groups/ST/hash/sha-3/Round2/documents/Round2_Report_NISTIR_7764.pdf for full details). Security criteria for SHA-3 algorithms was also focused on ability to generate collisions, rather than on producing hashes with specific criteria (such as number of leading 0s, which is how proof of work is usually assessed).
X11 is a fascinating algorithm for new coins, however I would consider it exceptionally high risk for any existing coin to adopt.
Beyond algorithm analysis, this week has been mostly about testing 1.7. Last weekend Patrick raised the issue that we had been incorrectly running the automated tests, which had led to several automated test failures being missed earlier. This led to other tasks being dropped as we quickly reworked the tests to match Dogecoin parameters instead of Bitcoin. So far, all tests have passed successfully once updated to match Dogecoin, however this work continues. On the bright side, it turns out we have a lot more automated tests than we realised, which is very useful for later development.
The source code repository for Dogecoin now also uses Travis CI, which sanity-checks patches submitted to the project, to help us catch any potential problems earlier, thanks to Tazz for leading the charge on that. This is particularly important as of course we’re developing on different platforms (Windows, OS X, Linux) and what works on one, may not work on others. Over time, this should be a significant time saver for the developers. For anyone wanting to help push Dogecoin forward, right now the most productive thing to be doing is testing either Dogecoin, or helping Bitcoin Core test pull requests. Feel free to drop by our Freenode channel for guidance on getting started with either.
Right now, I’m working on the full technical report on X11, and will then be back working on the payment protocol for Dogecoin. I’ve approached a few virus scanning software companies about offering their products for Dogecoin, with so far no response, but will update you all if I hear more.
Lastly, the next halvening (mining reward halving) is currently expected late on the 27th or early on the 28th, both times GMT. Given that it was initially expected on the 25th, we’re obviously seeing some slippage in estimates, and a total off the top of my head guess would be that we’ll see it around 0500 GMT on the 28th at this rate. I have taken the 28th off from the day job, and will be around both before and after in case of any problems (love you guys, not getting up at 5am to check on the blockchain, though!)
submitted by rnicoll to dogecoin [link] [comments]

How To Keep Your PC Safe From The Bitcoin Mining Frenzy?

How To Keep Your PC Safe From The Bitcoin Mining Frenzy?

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Whether it be the California Gold Rush, the deep 250-mile run of gold discovered in South Africa or the Great Australian Gold Rush, few events have driven so many fortune-seeking prospectors throughout history to mine for riches more than the allure of gold. You may have missed some of the most famous gold rushes in history but the past year has shown the world a new type of gold rush, defined by the digital world we live in today. It is not gold that is magnetizing so many people to become miners, but cryptocurrencies such as Bitcoin. The tools required for this modern day mining rush is not a shovel and gold pan however. The tools of the trade time include a rack of servers, or if you don’t have the money to invest in pricey infrastructure, a few lines of malicious code will do the trick as well.

The Cryptocurrency Craze

Cryptocurrency is all the rage today as people lay down money in crypto exchanges to secure a wallet to purchase bitcoins and other high valued cryptocurrencies. With such huge speculative fluctuations in pricing for these digital coins, the less risker way to play this new craze is in mining. Miners use computer-processing power to create the digital currency. Mining today requires far more robust systems than were required a couple of years ago due to the surge in popularity of these currencies. In exchange for creating and managing the ledgers, miners get a share of the cryptocurrencies they mine.
While a gold rush type of mania attracts many enterprising and fortune-seeking individuals, it also attracts sinister individuals as well who look to use more dubious means to obtain their fortunes. The hash rate requirements for crypto mining requires a great deal of processing power and electricity to mine bitcoin and other cryptocurrency. This of course requires significant CAPEX to fund the necessary high-end processors and infrastructure. As a result, some unscrupulous individuals have found ways to use the CPU power of unsuspecting users. While a single client device has nowhere near the capacity to mine cryptocurrency by itself, the collective effort of millions of devices can. Hackers who control these zombie armies of miners are ringing in the profits.
One sinister method of acquiring miners involves cryptocurrency mining malware. Once a device is infected with this malicious code, it begins using the CPU and memory resources of its hardware host to help collectively mine a designated cryptocurrency. This type of malware first appeared years ago when bitcoin came into fruition, but phased out once the hash requirements exceeded the capabilities of consumer-based CPUs. Thanks to the proliferation of an ever-growing number of cyber currencies, this menace is exponentially growing once again along with the value of the involved digital coins. In addition, many criminals involved in ransomware last year are now transitioning to crypto-mining malware as the money is more predictable and steady.

Types of Crypto-Mining Threats

An IBM security team reports that cryptocurrency mining attacks have increased by over 600% this year while Kaspersky Lab reports to have found the mining menace on 1.6 million client computers. One example of malware is Adylkuzz, which has been one of the biggest menaces of 2017. It actually infects PCs in the same manner as the WannaCry virus, using an exploit found in the Server Message Block protocol. Unlike WannaCry however, it does not require any manual interaction to infect the system.
While some crypto-mining attacks are delivered through traditional means such as email embedded links and attachments, other strains are deployed through the means of cryptojacking. Many of these menaces are planted on popular websites by hackers in order to infect unsuspecting visitors. Just last month, hackers managed to run ads on YouTube that consumed the CPU power and electricity of visitors. However, some website companies are knowingly participating in cryptojacking as a revenue source for their websites. With the growing popularity of popup ad blockers, ad revenues are shrinking and some companies are turning to cryptojacking as a more dependable revenue source.
  • #1 Coinhive – Coinhive is one of the original crypto-mining forms of malware to appear and is designed to perform online mining of Monero cryptocurrency when a user visits a web page without the user’s approval. The malware implants JavaScript code to manage the infected device’s computational resources to min the coins.
  • #3 Cryptoloot- Crypto-Miner is a competitor of Coinhive and is attempting to overtake it through lower commission rates. Like Coinhive it also consumers the CPU of infected devices.
Coinhive alone has infected some 500 million computers. It is estimated that 55% of businesses worldwide are affected by the attacks. Just last month, users began complaining cryptocurrency mining code in the ads that have been displayed to them by YouTube.

How to Detect and Stop Crypto-Mining Malware

Crypto-mining malware dramatically affects the performance of your machines and in some documented cases have damaged the infected device. Symptoms of an infection include:
  • Over usage of your CPU
  • Overheating
  • Measurable levels of slowdown and sluggishness
The best way to determine if a Windows device is infected is to analyze your CPU and memory resource performance levels in Task Manager. Any sustained CPU level above 70% would strongly indicate an infection. If your device is infected, you will need the aid of an up-to-date antivirus application. Privacy is also always an issue you want to take care of and knowing the 2018 cyber security trends and predictions should be of interest.
There are some basic measures to keep your computer safe from crypto-mining related threats.
First off, protect your web browser:
  • Enable popup blockers in your browser and consider a pop-ad blocker extension
  • Disable JavaScript in the Edge or Internet Explorer Browser
  • Firefox users can use JavaScript-blocking extensions such as NoScript
  • Chrome users can use the minerBlock Chrome extension
One of the best things you can do to combat all threats including crypto mining is to keep your devices up to day with regular patching. You should also avoid freeware websites that can automatically download unwanted applications. Some type of endpoint security protection is also imperative. As long as crypto-currencies continue to offer big returns, these types of threats will continue advance and proliferate.
submitted by hopkinsallie to VPNSecurity [link] [comments]

Why I'll never buy bitcoin

Let me start out by saying I believe that in the long run, bitcoins are going to be an extremely valuable investment and they will pay for themselves. If you can safely mine and store them, I would strongly recommend you do so.
Like many here, I see the value in bitcoins and would like to get my hands on some. Due to Moore's law, they will continue to gain value at an exponential rate over the long term. However, at least in my eyes, they have one fatal flaw.
If you play a game called "Oldschool Runescape", you will be familiar with the great lengths people will go to in order to screw someone out of $100. They will attack international servers, they will try to phish you, they will try to download rats through java drive byes, and they will buy subscriptions to hacked databases to look for matching passwords. This is a game that uses two factor authentication as well as a password and yet people get hacked daily.
Now let's say instead of $100, the bad guys are targeting Bitcoins. A currency that has the liquidity of cash, cannot be traced, and cannot be returned to you. In the near future, what do you think will happen? Any virus you get will automatically search for a miner and try to raid it. Any worm on your network will watch for signs of trading and if spotted, and attack your computer until they get in.
And what about when you try to trade it? You need to use a software that will constantly be under attack. Even the most heavily-encrypted VPNS can be cracked and if enough money is on the line, people will find a way to do it. And how do you know your software hasn't been infected or the third party isn't sapping your coins? What happens if a trusted source is hacked or something goes wrong?
I'm sure there are ways to protect yourself. And I'm sure if you understand the code, and have $100,000 in BTC, you can afford to protect them. But it would require extensive knowledge, and much of that knowledge needs to be obtained now. Just like any MLM scam, any google searches will soon be flooded with fake recommendations of "products" designed to steal your coins.
I am not a ICS major. I have accidentally downloaded a virus or two in the past. I also get one every year or two just from others on my LAN. If I invested in cryptocurrency, I highly doubt I would be able to protect it myself. And because literally anyone I trust with my coins can steal them, I simply can't invest.
submitted by pikaras to Bitcoin [link] [comments]

XDNA — Dynamic. New. Adaptable

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Nowadays the virtual space is facing a hurricane of cryptocurrencies stirring up millions of people’s minds around the world. The glory and success of the Bitcoin project cannot bring peace into minds of many enthusiasts, so almost every day there are more and more of new digital coins and tokens being created.
Unfortunately, the quality of 90% of the blockchain projects leaves much to be desired, and is sometimes just appalling. Seekers of profit and making money at the expense of others, scammers and crooks creating clones of well-known cryptocurrencies, faking names, logos, injecting hidden viruses in source code and binaries — cryptoworld has never been such a dangerous place as it is now. In the midst of this carnival of the faceless altcoins being created only for speculation, a group of cryptoenthusiasts accustomed to high quality and professional approach throughout, have come to an idea. The idea of creating a project, which electronic world and fans of the new digital economy have never seen before.
The project combining all the positive aspects of successful digital currencies and, at the same time, taking into account all of their flaws and weak points. The project satisfying miners, investors, and even ordinary people with no idea about the new digital reality of our days. The project bringing tangible benefits not only to the digital world but also to the real one. The project conquering the hearts of all users and firmly standing in line with Ethereum, Dash, Neo, Zcash, Monero, and others.
In the process, we relied on several principles:
● Our project must solve a number of specific problems related to modern cryptocurrencies.
● Our project must satisfy both miners and investors.
● Our project should bring real benefits to humanity.
3 Only adherence to these principles made us possible to create something more than just digital currency and to build a sustainable string between the virtual and the real world. The string, which would be firmly intertwined in the objective reality with a series of events, relationships, family ties, and with the most advanced rows — chains of blocks. The life is inconceivable without such strings, so we proudly present to you the brand new and revolutionary digital cryptocurrency — XDNA.
XDNA project is few days far from public release. We will post it on bitcointalk.org and then you can see all our blochchain innovation that we create to improve PoW mining. Stay tuned!
submitted by XDNA_official to u/XDNA_official [link] [comments]

Litecoin Finance / LTFN , a first hard fork of Litecoin / LTC

Litecoin Finance is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin Finance is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin Finance features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin Finance is a proven medium of commerce complementary to Bitcoin.

Litecoin Finance is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
The Litecoin Finance blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future. As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.
Wallet encryption allows you to secure your wallet, so that you can view transactions and your account balance, but are required to enter your password before spending Litecoin Finances. This provides protection from wallet-stealing viruses and trojans as well as a sanity check before sending payments.
Litecoin Finance is a CPU only mining algorithm called YescryptR32. Miners are currently awarded with 25 new Litecoin Finances per block, an amount which gets halved roughly every 4 years (every 840,000 blocks). The Litecoin Finance network is therefore scheduled to produce 94 million Litecoin Finance.
Litecoin Finance specifications: Name of the coin - LitecoinFinance Start fork block #1,550,000 Ticker LTFN Pow Algorithm: YescryptR32 P2P Port: 39328 RPC Port: 39327 Address letter prefix: C Multisig Address prefix: letter N Bech32 Address prefix: ltfn 2-way replay protection: Yes Maturity: 100 + 1 blocks Block maximum size: 8 mb Difficulty Re-target: Every block Maximum coin supply: 94m Network magic: a7b388e9 Postmine: 10m There is NO ICO

for more detailes visit -- > ltfn (dot) org
submitted by LitecoinFinance to u/LitecoinFinance [link] [comments]

Monero. Overview

Monero. Overview

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Cryptoindex is a tool for exposure to the cryptomarket and serves as a smart benchmark for all cryptocurrencies. The AI-based Cryptoindex algorithm is continuously analyzing more than 1000 coins applying over 170 factors, processing more than 1 million signals per second to provide a highly sophisticated index of the top 100 coins.
You can find our previous reviews here:
Dash. Review - August 2018. Binance Coin. Review IOTA. Review. August - 2018 NEM.Overview Ethereum Classic.Review TRON overview. Cardano - review. Future plans. Ripple - review. Further Perspectives Litecoin. June'18 overview The Dow Jones index. From where did it come to us? Bitcoin Cash. June 2018 overview Are cryptocurrency indices a new crypto market trend? EOS. End of May'18 overview Ethereum. May 2018 overview
Here on our Cryptoindex blog, we will be posting 100 articles about each of the top performing coins selected by our powerful AI algorithm#CIX100coinreview.
Today’s review: Monero
What is Monero?
This name cryptocurrency has received from the word "coin" in the language of Esperanto. Cryptocurrency appeared on April 18, 2014, as Bytecoin fork (not Bitcoin). The release of the coin caused increased interest from the crypto community after announcing by the developers the Roadmap and the Whitepaper. The essence of the project was to make the cryptocurrency anonymous.
But on the other hand, the creation of such cryptocurrency attracted the attention of law enforcement agencies, including Europol. As an argument that was brought to the attention of developers, it was that Monero could become a good means of payment on the black market for drugs trade.
The FBI also speaks with the same statement, pointing out that Monero is in the TOP of the crypto-currency on the black market:
  1. Bitcoin
  2. Litecoin
  3. Monero.
The level of Monero anonymity is sometimes questioned, in particular, Edward Snowden called it "amateur cryptocurrency."
At the time of writing, Monero is ranked 11th by the capitalization in Coinmarketcap.com
How does it work?
Monero is mostly an open source software that uses the principle of proof-of-work. But unlike Bitcoin, Monero emission is not limited. That's why the developers did it so that the miners would ensure the system's operation even after the emission was completed.

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The developers of Monero have made a lot of efforts to make their cryptocurrency secure. To achieve a high result, special measures were taken:
  • Use of "Annular signatures". This technology allows you to "shuffle" all the public keys, thus eliminating the possibility of identifying any of the participants in the system.
  • Monero uses a unique protocol that creates one-time addresses. This allows you to hide information about the payee, the balance of his account and so on.
  • Protection against hacking. Cryptographic algorithms ensure the security of electronic cash stored in user wallets.
Due to CryptoNote and the obfuscation added to the protocol, passive mixing is provided: all transactions in the system are anonymous, and all participants in the system can use plausible negation in the event if they are being captured.
Dirty Monero?
Among the miners, it’s in high demand, due to anonymity for mining on other people's computers and servers. Recently, there have been more cases when Monero was noticed in the code of many viruses. The power of many computers around the world is used to extract this particular cryptocurrency, in particular, this happened last year in London, where scammers used the hacked government servers for mining.
Also Monero, right along with Bitcoin, Zcash and Dash is the most used cryptocurrency in Darknet. A particularly favored method of money laundering is the so-called "mixer". The principle of its work is that the money received illegally is sent to the exchange where Bitcoin coins are purchased, for which the Monero tokens are then purchased and then the attacker can safely transfer to any stock exchange, to a pre-established account and receive money in any form convenient for him.
Advantages of Monero
  • Absolute decentralization. Without any control, including financial organizations (banks and etc);
  • The anonymity of transactions;
  • Constant growth and trust;
  • The presence of his own personal wallet.
Disadvantages of Monero
  • The size of one transaction in Monero is more significant than in Bitcoin;
  • The anonymity of transactions began to challenge experts working on the development of other cryptocurrencies.
Conclusion
Now the developers are actively working to promote the currency. Given the high anonymity and growth in demand, success is entirely assured. The anonymity of Monero transactions is not absolute. If the attacker controls a large part of the network, then under certain circumstances, he can deanonymize some of the transactions.
At the time this article was published, Monero [XMR] is 0.812% of the total of CryptoIndex portfolio. You can always check the current CIX100 composition at our MVP platform: http://cryptoindex.ai/
Stay updated on our channels: Follow CRYPTOINDEX on Telegram Follow CRYPTOINDEX on Medium Follow CRYPTOINDEX on Twitter Follow CRYPTOINDEX on Facebook Follow CRYPTOINDEX on Linkedin Follow CRYPTOINDEX on Reddit
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submitted by kkkc to CryptoIndex_io [link] [comments]

Bitcoin mining script Bitcoin Miner Überblick (2019) - die Profitabelsten FREE BITCOINS🔥Simple & Free BTC Mining software! Fresh ... tutorial: Bitcoin mining with CGMiner - YouTube First look at the Bitcoin source code - YouTube

Bitcoin Gold Developer Under Scrutiny For Allegedly Hiding Mining Code The bitcoin gold development team is under fire once again as the currencys mining community has discovered a hard-coded hidden fee protocol found within one of the bitcoin gold developers mining pool code. Miners say that BTG core developer, Martin Kuvandzhiev (StarbugBG), added a hidden 0.5 percent fee into his pools code ... Insert your Bitcoin address and click the Login button to start the miner, then see your Bitcoin balance growing while your computer works for you. Login. Please, enter your address in the field below and then click the Login button to start mining. Login. How does it work? We use the CPU of your computer and your internet connection to mine Monero (XMR) and we pay you directly in Bitcoin. All ... The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. How would I go about making the simplest form of a CPU bitcoin miner? I have not been able to find documentation on the whole process... cpu-mining. share improve this question follow edited Jan 23 '16 at 12:49. Murch ♦ 46.9k 30 30 gold badges 137 137 silver badges 409 409 bronze badges. asked Sep 26 '11 at 9:14. ExtremeCoder ExtremeCoder. 261 1 1 gold badge 2 2 silver badges 5 5 ... BitCoin miner virus or BitCoin mining virus is a dangerous malware that may use your CPU and/or GPU to obtain BitCoin cryptocurrency by mining illegally. Cryptocurrency miners keep hitting computers and trying to use their resources to generate revenue for their developers. Even though this type of infection is called BitCoinMiner, it does mine for digital currencies such as Monero ...

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Bitcoin mining script

bitcoin vine, bitcoin vs xrp, bitcoin virus, bitcoin vs blockchain, bitcoin vox, bitcoin vs dollar, gary v bitcoin, titan v bitcoin mining, ethereum or bitcoin, gta v bitcoin, bitcoin collector v.2.4, Comedians in Cars Getting Coffee: "Just Tell Him You’re The President” (Season 7, Episode 1) - Duration: 19:16. blacktreetv Recommended for you 👍 Watch how to remove a hidden Bitcoin mining virus from your computer. If you noticed that your computer – while you’re not using it - still behaves as if i... In this video I show you how to start mining Bitcoins with CGMiner and an account at your favorite miningpool. Get CGMiner at: https://bitcointalk.org/index.... bitcoin miner virus source code, bitcoin miner video, bitcoin miner v6, bitcoin miner virus keeps coming back, bitcoin miner virtual machine, bitcoin miner v3.0, bitcoin miner v6.0, bitcoin miner ...

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