Seele ICO: Neural Consensus Algorithm Blockchain Scam?

Ultimate glossary of crypto currency terms, acronyms and abbreviations

I thought it would be really cool to have an ultimate guide for those new to crypto currencies and the terms used. I made this mostly for beginner’s and veterans alike. I’m not sure how much use you will get out of this. Stuff gets lost on Reddit quite easily so I hope this finds its way to you. Included in this list, I have included most of the terms used in crypto-communities. I have compiled this list from a multitude of sources. The list is in alphabetical order and may include some words/terms not exclusive to the crypto world but may be helpful regardless.
2FA
Two factor authentication. I highly advise that you use it.
51% Attack:
A situation where a single malicious individual or group gains control of more than half of a cryptocurrency network’s computing power. Theoretically, it could allow perpetrators to manipulate the system and spend the same coin multiple times, stop other users from completing blocks and make conflicting transactions to a chain that could harm the network.
Address (or Addy):
A unique string of numbers and letters (both upper and lower case) used to send, receive or store cryptocurrency on the network. It is also the public key in a pair of keys needed to sign a digital transaction. Addresses can be shared publicly as a text or in the form of a scannable QR code. They differ between cryptocurrencies. You can’t send Bitcoin to an Ethereum address, for example.
Altcoin (alternative coin): Any digital currency other than Bitcoin. These other currencies are alternatives to Bitcoin regarding features and functionalities (e.g. faster confirmation time, lower price, improved mining algorithm, higher total coin supply). There are hundreds of altcoins, including Ether, Ripple, Litecoin and many many others.
AIRDROP:
An event where the investors/participants are able to receive free tokens or coins into their digital wallet.
AML: Defines Anti-Money Laundering laws**.**
ARBITRAGE:
Getting risk-free profits by trading (simultaneous buying and selling of the cryptocurrency) on two different exchanges which have different prices for the same asset.
Ashdraked:
Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. When the price of BTC rose from USD 300 to USD 500, the Romanian investor lost all of his money.
ATH (All Time High):
The highest price ever achieved by a cryptocurrency in its entire history. Alternatively, ATL is all time low
Bearish:
A tendency of prices to fall; a pessimistic expectation that the value of a coin is going to drop.
Bear trap:
A manipulation of a stock or commodity by investors.
Bitcoin:
The very first, and the highest ever valued, mass-market open source and decentralized cryptocurrency and digital payment system that runs on a worldwide peer to peer network. It operates independently of any centralized authorities
Bitconnect:
One of the biggest scams in the crypto world. it was made popular in the meme world by screaming idiot Carlos Matos, who infamously proclaimed," hey hey heeeey” and “what's a what's a what's up wasssssssssuuuuuuuuuuuuup, BitConneeeeeeeeeeeeeeeeeeeeeeeect!”. He is now in the mentally ill meme hall of fame.
Block:
A package of permanently recorded data about transactions occurring every time period (typically about 10 minutes) on the blockchain network. Once a record has been completed and verified, it goes into a blockchain and gives way to the next block. Each block also contains a complex mathematical puzzle with a unique answer, without which new blocks can’t be added to the chain.
Blockchain:
An unchangeable digital record of all transactions ever made in a particular cryptocurrency and shared across thousands of computers worldwide. It has no central authority governing it. Records, or blocks, are chained to each other using a cryptographic signature. They are stored publicly and chronologically, from the genesis block to the latest block, hence the term blockchain. Anyone can have access to the database and yet it remains incredibly difficult to hack.
Bullish:
A tendency of prices to rise; an optimistic expectation that a specific cryptocurrency will do well and its value is going to increase.
BTFD:
Buy the fucking dip. This advise was bestowed upon us by the gods themselves. It is the iron code to crypto enthusiasts.
Bull market:
A market that Cryptos are going up.
Consensus:
An agreement among blockchain participants on the validity of data. Consensus is reached when the majority of nodes on the network verify that the transaction is 100% valid.
Crypto bubble:
The instability of cryptocurrencies in terms of price value
Cryptocurrency:
A type of digital currency, secured by strong computer code (cryptography), that operates independently of any middlemen or central authoritie
Cryptography:
The art of converting sensitive data into a format unreadable for unauthorized users, which when decoded would result in a meaningful statement.
Cryptojacking:
The use of someone else’s device and profiting from its computational power to mine cryptocurrency without their knowledge and consent.
Crypto-Valhalla:
When HODLers(holders) eventually cash out they go to a place called crypto-Valhalla. The strong will be separated from the weak and the strong will then be given lambos.
DAO:
Decentralized Autonomous Organizations. It defines A blockchain technology inspired organization or corporation that exists and operates without human intervention.
Dapp (decentralized application):
An open-source application that runs and stores its data on a blockchain network (instead of a central server) to prevent a single failure point. This software is not controlled by the single body – information comes from people providing other people with data or computing power.
Decentralized:
A system with no fundamental control authority that governs the network. Instead, it is jointly managed by all users to the system.
Desktop wallet:
A wallet that stores the private keys on your computer, which allow the spending and management of your bitcoins.
DILDO:
Long red or green candles. This is a crypto signal that tells you that it is not favorable to trade at the moment. Found on candlestick charts.
Digital Signature:
An encrypted digital code attached to an electronic document to prove that the sender is who they say they are and confirm that a transaction is valid and should be accepted by the network.
Double Spending:
An attack on the blockchain where a malicious user manipulates the network by sending digital money to two different recipients at exactly the same time.
DYOR:
Means do your own research.
Encryption:
Converting data into code to protect it from unauthorized access, so that only the intended recipient(s) can decode it.
Eskrow:
the practice of having a third party act as an intermediary in a transaction. This third party holds the funds on and sends them off when the transaction is completed.
Ethereum:
Ethereum is an open source, public, blockchain-based platform that runs smart contracts and allows you to build dapps on it. Ethereum is fueled by the cryptocurrency Ether.
Exchange:
A platform (centralized or decentralized) for exchanging (trading) different forms of cryptocurrencies. These exchanges allow you to exchange cryptos for local currency. Some popular exchanges are Coinbase, Bittrex, Kraken and more.
Faucet:
A website which gives away free cryptocurrencies.
Fiat money:
Fiat currency is legal tender whose value is backed by the government that issued it, such as the US dollar or UK pound.
Fork:
A split in the blockchain, resulting in two separate branches, an original and a new alternate version of the cryptocurrency. As a single blockchain forks into two, they will both run simultaneously on different parts of the network. For example, Bitcoin Cash is a Bitcoin fork.
FOMO:
Fear of missing out.
Frictionless:
A system is frictionless when there are zero transaction costs or trading retraints.
FUD:
Fear, Uncertainty and Doubt regarding the crypto market.
Gas:
A fee paid to run transactions, dapps and smart contracts on Ethereum.
Halving:
A 50% decrease in block reward after the mining of a pre-specified number of blocks. Every 4 years, the “reward” for successfully mining a block of bitcoin is reduced by half. This is referred to as “Halving”.
Hardware wallet:
Physical wallet devices that can securely store cryptocurrency maximally. Some examples are Ledger Nano S**,** Digital Bitbox and more**.**
Hash:
The process that takes input data of varying sizes, performs an operation on it and converts it into a fixed size output. It cannot be reversed.
Hashing:
The process by which you mine bitcoin or similar cryptocurrency, by trying to solve the mathematical problem within it, using cryptographic hash functions.
HODL:
A Bitcoin enthusiast once accidentally misspelled the word HOLD and it is now part of the bitcoin legend. It can also mean hold on for dear life.
ICO (Initial Coin Offering):
A blockchain-based fundraising mechanism, or a public crowd sale of a new digital coin, used to raise capital from supporters for an early stage crypto venture. Beware of these as there have been quite a few scams in the past.
John mcAfee:
A man who will one day eat his balls on live television for falsely predicting bitcoin going to 100k. He has also become a small meme within the crypto community for his outlandish claims.
JOMO:
Joy of missing out. For those who are so depressed about missing out their sadness becomes joy.
KYC:
Know your customer(alternatively consumer).
Lambo:
This stands for Lamborghini. A small meme within the investing community where the moment someone gets rich they spend their earnings on a lambo. One day we will all have lambos in crypto-valhalla.
Ledger:
Away from Blockchain, it is a book of financial transactions and balances. In the world of crypto, the blockchain functions as a ledger. A digital currency’s ledger records all transactions which took place on a certain block chain network.
Leverage:
Trading with borrowed capital (margin) in order to increase the potential return of an investment.
Liquidity:
The availability of an asset to be bought and sold easily, without affecting its market price.
of the coins.
Margin trading:
The trading of assets or securities bought with borrowed money.
Market cap/MCAP:
A short-term for Market Capitalization. Market Capitalization refers to the market value of a particular cryptocurrency. It is computed by multiplying the Price of an individual unit of coins by the total circulating supply.
Miner:
A computer participating in any cryptocurrency network performing proof of work. This is usually done to receive block rewards.
Mining:
The act of solving a complex math equation to validate a blockchain transaction using computer processing power and specialized hardware.
Mining contract:
A method of investing in bitcoin mining hardware, allowing anyone to rent out a pre-specified amount of hashing power, for an agreed amount of time. The mining service takes care of hardware maintenance, hosting and electricity costs, making it simpler for investors.
Mining rig:
A computer specially designed for mining cryptocurrencies.
Mooning:
A situation the price of a coin rapidly increases in value. Can also be used as: “I hope bitcoin goes to the moon”
Node:
Any computing device that connects to the blockchain network.
Open source:
The practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone.
OTC:
Over the counter. Trading is done directly between parties.
P2P (Peer to Peer):
A type of network connection where participants interact directly with each other rather than through a centralized third party. The system allows the exchange of resources from A to B, without having to go through a separate server.
Paper wallet:
A form of “cold storage” where the private keys are printed onto a piece of paper and stored offline. Considered as one of the safest crypto wallets, the truth is that it majors in sweeping coins from your wallets.
Pre mining:
The mining of a cryptocurrency by its developers before it is released to the public.
Proof of stake (POS):
A consensus distribution algorithm which essentially rewards you based upon the amount of the coin that you own. In other words, more investment in the coin will leads to more gain when you mine with this protocol In Proof of Stake, the resource held by the “miner” is their stake in the currency.
PROOF OF WORK (POW) :
The competition of computers competing to solve a tough crypto math problem. The first computer that does this is allowed to create new blocks and record information.” The miner is then usually rewarded via transaction fees.
Protocol:
A standardized set of rules for formatting and processing data.
Public key / private key:
A cryptographic code that allows a user to receive cryptocurrencies into an account. The public key is made available to everyone via a publicly accessible directory, and the private key remains confidential to its respective owner. Because the key pair is mathematically related, whatever is encrypted with a public key may only be decrypted by its corresponding private key.
Pump and dump:
Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit) which essentially result in a phenomenon where the significant surge in the value of coin followed by a huge crash take place in a short time frame.
Recovery phrase:
A set of phrases you are given whereby you can regain or access your wallet should you lose the private key to your wallets — paper, mobile, desktop, and hardware wallet. These phrases are some random 12–24 words. A recovery Phrase can also be called as Recovery seed, Seed Key, Recovery Key, or Seed Phrase.
REKT:
Referring to the word “wrecked”. It defines a situation whereby an investor or trader who has been ruined utterly following the massive losses suffered in crypto industry.
Ripple:
An alternative payment network to Bitcoin based on similar cryptography. The ripple network uses XRP as currency and is capable of sending any asset type.
ROI:
Return on investment.
Safu:
A crypto term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted
“Funds are safe."
“the exchage I use got hacked!”“Oh no, are your funds safu?”
“My coins better be safu!”


Sats/Satoshi:
The smallest fraction of a bitcoin is called a “satoshi” or “sat”. It represents one hundred-millionth of a bitcoin and is named after Satoshi Nakamoto.
Satoshi Nakamoto:
This was the pseudonym for the mysterious creator of Bitcoin.
Scalability:
The ability of a cryptocurrency to contain the massive use of its Blockchain.
Sharding:
A scaling solution for the Blockchain. It is generally a method that allows nodes to have partial copies of the complete blockchain in order to increase overall network performance and consensus speeds.
Shitcoin:
Coin with little potential or future prospects.
Shill:
Spreading buzz by heavily promoting a particular coin in the community to create awareness.
Short position:
Selling of a specific cryptocurrency with an expectation that it will drop in value.
Silk road:
The online marketplace where drugs and other illicit items were traded for Bitcoin. This marketplace is using accessed through “TOR”, and VPNs. In October 2013, a Silk Road was shut down in by the FBI.
Smart Contract:
Certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights.
Software Wallet:
A crypto wallet that exists purely as software files on a computer. Usually, software wallets can be generated for free from a variety of sources.
Solidity:
A contract-oriented coding language for implementing smart contracts on Ethereum. Its syntax is similar to that of JavaScript.
Stable coin:
A cryptocoin with an extremely low volatility that can be used to trade against the overall market.
Staking:
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.
Surge:
When a crypto currency appreciates or goes up in price.
Tank:
The opposite of mooning. When a coin tanks it can also be described as crashing.
Tendies
For traders , the chief prize is “tendies” (chicken tenders, the treat an overgrown man-child receives for being a “Good Boy”) .
Token:
A unit of value that represents a digital asset built on a blockchain system. A token is usually considered as a “coin” of a cryptocurrency, but it really has a wider functionality.
TOR: “The Onion Router” is a free web browser designed to protect users’ anonymity and resist censorship. Tor is usually used surfing the web anonymously and access sites on the “Darkweb”.
Transaction fee:
An amount of money users are charged from their transaction when sending cryptocurrencies.
Volatility:
A measure of fluctuations in the price of a financial instrument over time. High volatility in bitcoin is seen as risky since its shifting value discourages people from spending or accepting it.
Wallet:
A file that stores all your private keys and communicates with the blockchain to perform transactions. It allows you to send and receive bitcoins securely as well as view your balance and transaction history.
Whale:
An investor that holds a tremendous amount of cryptocurrency. Their extraordinary large holdings allow them to control prices and manipulate the market.
Whitepaper:

A comprehensive report or guide made to understand an issue or help decision making. It is also seen as a technical write up that most cryptocurrencies provide to take a deep look into the structure and plan of the cryptocurrency/Blockchain project. Satoshi Nakamoto was the first to release a whitepaper on Bitcoin, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in late 2008.
And with that I finally complete my odyssey. I sincerely hope that this helped you and if you are new, I welcome you to crypto. If you read all of that I hope it increased, you in knowledge.
my final definition:
Crypto-Family:
A collection of all the HODLers and crypto fanatics. A place where all people alike unite over a love for crypto.
We are all in this together as we pioneer the new world that is crypto currency. I wish you a great day and Happy HODLing.
-u/flacciduck
feel free to comment words or terms that you feel should be included or about any errors I made.
Edit1:some fixes were made and added words.
submitted by flacciduck to CryptoCurrency [link] [comments]

r/Bitcoin recap - June 2019

Hi Bitcoiners!
I’m back with the 30th monthly Bitcoin news recap.
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in May 2019
Adoption
Development
Security
Mining
Business
Research
Education
Regulation & Politics
Archeology (Financial Incumbents)
Price & Trading
Fun & Other
submitted by SamWouters to Bitcoin [link] [comments]

Giveaway and infos about NAV and the 3 soon to be released Nav Coin developments: Valence, Community Fund & Cold Staking

Hi /CryptoCurrency
EDIT: Alright my friends I'm off to sleep now. But if someone decides to download NavPay and post the wallet I might still send him some NAVs tomorrow evening :P
I am a fan of NAV and I would like anyone of you to take a look at NAV Coin and what better way is there to do this with a giveaway so everyone can see for themselves how fast and easy NAV Coin is.
Additionally to the giveaway I want to give the interested ones of you some more infos & teasers about NAV and what I think makes it unique and valuable.

1. Giveaway

First the info about the giveaway so that the people who are only here for the free money don't have to scroll down a wall of text... I won't judge you - you do you! :-P But maybe some of you guys will come back later to read more about NAV after you see how nice the mobile wallet of NAV is.
To get some free NAVs, all you have to do is the following:
  1. Download the app NavPay from the Android Play Store
  2. Follow the steps to set up your mobile wallet
  3. Backup your private key (the random words) so you could restore your wallet if you phone breaks or sth. like that!
  4. Post your public address as a comment in this thread, so I can send you some NAVs
If you liked the experience, I'd be happy to hear back from you :) In the next 2 hours, I'll be giving away NAVs worth about $200 in total (but split up of course, so that everyone will get some to try out the mobile wallet NavPay etc.).
Some additional links:
Thats all for the giveaway, now follows the additional infos.

2. Additional Infos about NAV

Nav Coin has been publicly traded since mid 2014. It's a decentralized cryptocurrency which is built on the latest version of Bitcoin Core with many additional features and functionalities which differentiate Nav from other cryptocurrencies. I'm going to dive into the details of these features later on in this post.
The aim of Nav Coin is to simplify cryptocurrencies. In my opinion, this (the mainstream-adoption) is one of the most important topics for all cryptocurrencies in general. Nav is directly adressing this issue by providing very easy to use tools (wallet, mobile wallet, etc.).

2.2 Facts & Figures

2.3 Team

The team was recently expanded and consists now of the following people.
More infos and links to linked in about the core team is found on the first page of the official NAV website (just scroll down a bit).

2.3.1 Core developer contributors

2.3.2 Core content contributors

2.3.3 Community developers

Since NAV is open source and the core team is encouraging the community to contribute to NAV, there are many more people working on NAV like sakdeniz who is creating a second desktop wallet, slothmike who is working on a reddit tipbot or Prodpeak who is developing an alternative block explorer.

2.3.4 Weekly updates

The core team is releasing weekly updates about the ongoing projects on their website so that anyone interested can see the current status of the roadmap items.

2.4 Main Features

2.4.1 Optional Private Payments

With Nav Coin you have the ability to send private payments. The privacy is optional so you can choose to send non-private or private payments. Nav Coin uses a different approach to achieving privacy than other coins. Nav uses the so called NavTech. NavTech is a dual blockchain system. Essentially, the transaction information is encrypted, split in smaller transactions and sent through a second blockchain, which completely breaks any links between the sending and the receiving address. If you're interested in this technology, you can find the whitepaper on the official NAV website.
At the moment, private payments are processed by trusted servers. Everyone can operate a server themselves or can use the existing ones. The team is working on NavTech 2.0 'Rimu' which will make these servers obsolete, since every wallet will act as a private payment processor which will further push the decentralization.

2.4.2 Proof of Stake

Nav Coin uses the consensus model Proof of Stake which lets holders of Nav Coins earn a reward of 5% in interest of the coin they stake. Staking coins is very simple, you just have to have the wallet open and running.
5% rewards also mean, that there is an inflation of maximum 5% per year. But it is actually lower (at around 2-3%) since not all coins are staking. So if you are staking, you will earn more than the yearly inflation.
Here is a very detailed article about how Nav Coins Proof of Stake works.

2.4.3 Fast transaction times

Nav Coin has a really fast block speed. Transactions are confirmed as spendable withing only 30 seconds which makes it ideal for retail and e-commerce which in my opinion is one of the main points in real-life adoption. There was a video posted recently on the official twitter account which shows how NAV was used to purchase groceries in a store in Rome... That's real-life adoption!

2.4.4 NavPi

Like mentioned above, Nav Coin uses a Proof of Stake consensus model. Most of us have read about the immense energy consumption of Bitcoins Proof of Work model. In my opinion, this is not feasible for the future. With the PoS model of Nav Coin, you can stake your coins on a Raspberry Pi which uses only about 18kWh of power annually if run 24/7! This is much more environment friendly!
Nav Coin even sells their own preconfigured and ready to use NavPi Stakeboxes. Since they're out of stock very fast every time, you can create your own NavPi by following the step-by-step tutorial of the community member navtechservers

2.4.5 Community Fund

Since Nav Coin did not have an ICO or premine, they're fully self financed at the moment. The community has voted for a community fund which will propel the development and marketing of NAV greatly.
When the community fund is implemented, the PoS reward will be reduced from 5% to 4% per year. Each block will generate 0.25 Nav which will be allocated for the community fund (about 21'600 Nav per month).
Both the Nav Coin Core team and the community will be able to propose projects and budgets which the community (the stakers) will vote for. The payouts happen when everyone votes that the work is completed. The aim of this is to fund the development and ongoing success of NAV. You can read more about it here.

2.4.6 NavPay

NavPay is NAVs mobile wallet. It's one of the first mobile wallets that allows private payments. There are already real world merchants accepting Nav thanks to the NavPay app like Pasticceria Piemontese in rome and you can even pay for a cardiologic examination using Nav.
NavPay has a very simple and beautiful user interface. Download it for this giveaway and take a look yourself!

2.4.7 NavChange

Using a combination of lightning network transactions and exchange integrations, NavChange will be a Valence-powered application which facilitates instant exchange between NAV and other currencies
NavChange is a feature which is planned to be launched in 2018.
Here is an example of how it is possible to send Bitcoin anonymously with Nav Coins NavChange.
For the traders: NavChange will greatly increase the volume for Nav.

2.4.8 Valence Plattform (Anonymous Distributed Apps)

At the moment, Nav Coin is "just" a currency. But this is going to change in 2018. The team is in the latest phase of finishing the whitepaper of the Valence Platform which will enable the development of Anonymous Distributed Apps Platform (aDapps) (think of Ethereum's smart contracts, but with privacy!). Valence is a platform that gives developers and businesses a new set of tools to help them realize their ideas on the blockchain. The whitepaper is probably coming in the next 1-2 weeks!

Final thoughts

There are some people who will say that NAV tries to do too many things. I don't agree with these guys. I think this is the main point that speaks for NAV. NANO might be faster (even tho NAV is almost instant as well), XMR might have better privacy (used by Monero fans but never really proven), ETH might have a more accepted dApps platform (we'll see what the whitepaper brings)... but who combines all of these features in one project?
NAV is a jack of all trades.
Thanks for reading this far and now post your NAV public address so I can send you some NAVs! :-D
submitted by xVicious to CryptoCurrency [link] [comments]

12-04 11:13 - 'Have a Look at the Most Valuable Companies in Crypto Space' (self.Bitcoin) by /u/MonteCarloDEX removed from /r/Bitcoin within 465-475min

'''
Many things have been said about the champions who have been at the forefront of making things happen in the crypto space but not much has been known about them. The list below and the descriptions indicate the biggest companies in the industry not only by valuation and capitalization but also by goodwill and corporate presence both online and offline as well. They shall be listed in no particular order of preference.

Ripple (Valuation of about $5 Billion)

Many people have heard one way or the other about [Ripple Labs Inc]1 . It is widely associated with the now popular [XRP]2 token as it uses this coin in its solutions. Ripple Labs owns and runs RipppleNet. Driven by what is referred to as the Ripple Protocol Consensus Algorithm (RPCA), RippleNet is used for all kinds of transactions between financial institutions but with the introduction of new tools different kinds of platforms will be able to run off it making Ripple be not only the darling of the financial services sector but also to be one of the cryptocurrency companies to watch out for come next year. Ripple has been [tipped]3 to be worth about $5 billion.

Circle (about $3 Billion)

While [Circle]4 is quite popular these days with its hands in many pies in the crypto space, this cryptocurrency unicorn started out as a service where you could buy [Bitcoin]5 with credit card and has grown to be one of the most dynamic organizations out there also with its own stablecoin USDcoin which is tied to the United States Dollar. Sources indicate that Circle achieved its $3 billion valuation after a funding round of about $100 million last year.

Bitmain (about $12 Billion)

Now everyone knows that [Bitmain]6 is by far the largest cryptocurrency corporate organization by sheer size and valuation. Owning the world’s largest cryptocurrency mining facilities and being a major hardware manufacturer of cryptocurrency mining equipment, Bitmain has overtaken just about everyone else to be at the top when it comes to valuations. This does not mean however that it hasn’t had its share of corporate issues. Sources [estimated]7 last year that the total valuation of Bitmain stood at $12 billion.

Binance (about $2 Billion)

[Binance]8 is quite popular in the crypto space as it is one of the most popular cryptocurrency exchanges at the moment. Its premier position in terms of trading volume (as the second largest) has only made it more obvious that it holds the top spot in the hearts and minds of many within the industry. Apart from trading cryptocurrencies, Binance is also known for other products such as [Binance Coin]9 and its decentralized trading blockchain Binance Chain. CEO Changpeng “CZ” Zhao has [indicated]10 that Binance is worth at least $ 2 billion or more.

Canaan Creative (about $2 Billion)

While maybe not many new people know about this particular cryptocurrency mining company, Canaan Creative is also one of the leaders when it comes to cryptocurrency mining. Even though the company itself hasn’t been dong well as of late, it is still punching above its weight when it comes to having superstar status. Reports have it that the recent [IPO]11 places it at a little over $ 2 billion.

Coinbase (about $8 Billion)

We all know [Coinbase]12 and its cryptocurrency exchange platform were one way or the other going to be on the list. With other products such as the recently introduced Coinbase Prime, Coinbase Custody and even Coinbase Commerce, Coinbase is indeed on a curve to grow exponentially. So much so that the cryptocurrency exchange put its [valuation]13 at $8 billion last year after finishing its series E round of financing.

BitMEX (around $3 Billion)

With an innovative cryptocurrency trading platform that offers more than the usual trading of cryptocurrencies ( futures and perpetual contracts as well), [BitMEX]14 enables traders to use the necessary leverage to enhance the potential for profit as well. Reports [indicate]15 that BitMEX is worth $3.6 billion from last year although other reports contradict this and put the valuation at around $1 billion.

Robinhood (about $7 Billion)

[Robinhood]16 has created a more centrist appeal than many other cryptocurrency trading platforms. This has led to its massive success as its main focus are the millennials. Robinhood took off in the beginning as a fee-free stock trading platform. Its valuation at around $7 billion was [reported]17 earlier this year and this, of course, makes it be a force to be reckoned within the industry.

Block.One (around $3 Billion)

[Block.One]18 has been one of those organizations that have scaled through all the odds when it comes to corporate-startup challenges. Being a contender for the throne of king of Decentralized Applications, Block.One it has been [reported]19 has a valuation of about $3 billion with a significant majority of its holdings in fiat assets surprisingly for a company that rules its share of the crypto space.

Kraken (about $4 Billion)

[Kraken]20 is one of the premier cryptocurrency exchanges. This goes without saying that the recent [acquisition]21 of a futures trading platform and the closing of its last [funding round]22 to the tune of $13 million had quite a bit to do with its recent $ 4 billion valuation. It has, of course, raised the bar for the cryptocurrency trading platform whose future had reportedly been in the doldrums prior to the acquisition and new funding round.

Is It All about Money?

While the performance of the companies is as important as the reason that they were set up or are operational in the first place, the basic reason for the consideration of the most valued companies in terms of valuation is to gauge the health of the corporate actors currently on the big stage within the crypto space.
This also indicates the direction that the sphere is going in; the direction of greater adoption and inclusion in normal day-to-day events. One thing is certain from the above: a new industry has been born and those who can catch the “crypto-fire” may one day be also among these above-listed companies as many others are in fierce pursuit of being unicorns themselves.
'''
Have a Look at the Most Valuable Companies in Crypto Space
Go1dfish undelete link
unreddit undelete link
Author: MonteCarloDEX
1: *ww*coi*s*ea*e*.*o**organi**tions*ripple-labs/ 2: w***coi*spe*ker.com/coi***xrp/ 3: *w**forbes.com/*ites/*ic***ldelcast*ll*/2018/0*/04/rip*le*-tril*ion-*o**a**ma*/ 4: www.**inspeaker.com/orga**z*tion**ci**l*/ 5: w**.coinspe*ker**o*/c*in*/bitcoin/ 6: w*w.coi*s*eaker.com**r*a*i*ation*/bitm*in/ 7: w**.caixinglobal.com/20*8-06-***crypto-c****czars**e*rc*-*or*ai-pow*red-future-10*27***4*htm* 8: **w.c*inspe*k*r.com/org*n*zations/bi**n*e/ 9: *w*.coinspeak*r.*om*coins*bi*ance**oi*/ 10: fork***.me*ia/ex*lus*v*-cz-bina*ce-on-***-**a*t*-values-russia-*nd-chi*a* 11: **w.c**nspeake*.co*/ca*aan-raise*90*mi**ion-i*o/ 12: ww*.*oins*eak*r.*o*/orga*i*ations*c**nbase/ 13: bl**.coinbas*.com/*o*nba*e-raises*serie*-e-*o*n*-o*-fin*nci**-to-***el**at*-th*-adop***n-of-c*yptocurren*ies-1ad92*46*81* 14: www.*oinspeaker.c****r*aniz*ti*ns/bitme** 15: www.th**i*es***.u*/**t*cle/wheres-*al*et-c*n-*o*-spot-ben-delo*the-*ks-*i*st*bitco*n*billion*ire-llp**k2r* 16: ww*.coi*s*eaker*c*m*org*n*zati*ns/rob*nho*d/ 17: www.theinf*rmati*n*com/*r*icle**robinh*od-*e*rs-f**ding-*t-*alua*ion*o*er-7-***lio* 18: *w*.c*inspeaker.c*m*tag*bl*ck-o*e/ 19: www.bl*omb*r*.com/new*/articles/**1*-****2/thiel-b*ck*d****pto-startup*pay*-out*6-567-*et*r* 20: **w.**in*p*aker*com/organiz**ion*/kraken/ 21: www.coi*s*e*ke*.*om/k*aken-cry*to*facili*ie*-s*o*-f*tu*es/ 22: w*w.co*n*peak*r*c*m/krakens-f*n*ing*valu*tion-*-bi**i*n/
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Bitcoin vs Ethereum. Guide to Understanding Ethereum.

Bitcoin vs Ethereum. Guide to Understanding Ethereum.

I’m writing this predominantly for crypto-newbies. Newbies need to know the difference between Bitcoin and Ethereum. Sometimes we forget how confusing this space can be to new individuals.

What is Ethereum?

Ethereum is one of the largest cryptocurrencies to date. Created by Vitalik Buterin, it has a lot of distinct features that differentiate it from Bitcoin. Bitcoin was created to be a peer-to-peer digital currency and Ethereum was created to serve as a decentralized computer featuring smart contracts. Both are similar in that they utilize blockchain technology to facilitate transactions within the network. Ethereum though, allows for much more utility through the use of smart contracts.

What is a smart contract?

A smart contract is a digital contract which conditions are carried out automatically through self-enforcing logic. A basic example of a smart contract could be one that automatically pays your best friend X amount of money on his/her birthday. The functionality of if/then logic on a blockchain allows for decentralized applications (dapps) to be created and executed on the Ethereum network. This is why Ethereum is referred to as a decentralized computer. You can create your own dapp by learning the Ethereum program language Solidity, or you could use one of the thousands of already created dapps.

What is a decentralized application?

A decentralized application is a application (program) that that is not controlled by a single entity, but rather, by the peers within the network. This means no central authority has control over the program itself.
Imagine if YouTube was not owned and controlled by Google, but rather, by everyone who is participating within the network. This means YouTube wouldn’t be able to arbitrarily decide which videos and users are suitable for the platform. This power would instead fall into the hands of the people.
Side Note: There’s already decentralized version of YouTube called DTube which is built on the STEEM blockchain.

Technical Differences Between Bitcoin & Ethereum

Bitcoin vs Ethereum Bitcoin Ethereum
Total Supply: 21 Million None
Block Size: 1-2 MB Depends
Block Time: ~10 Min ~15s
Consensus Algorithm: Proof of Work Proof of Stake (Soon)

Total Supply

The total supply of bitcoin is predetermined; there can never be more than 21 million bitcoins created. Ethereum on the other hand does not have a max supply.
You can read Vitalik’s thoughts on this here.

Block Size vs Gas Limit

Ethereum doesn’t have a block size but rather a gas limit. Gas is a measure of the amount of computational work needed to execute a command on the network. The amount of gas needed will depend on the program you are trying to run -- similar to how much gas needed for your vehicle will depend on how far you wish to travel.
Gas limit is how much you’re willing to pay for a transaction to be carried out. Gas price is the price at which you’re willing to pay per gas. Together those determine your transaction fee. TX Fee = Gas Limit * Gas Price
Websites like EthGasStation take an average of previous transactions to show what the average gas price is. Use it for your own benefit

Block Time

Ethereum’s block time is much faster than bitcoin’s. ~15s vs ~10min. This means transactions on the ethereum blockchain on average will be much faster than on bitcoin’s. This is also why it’s typically recommended to use ethereum instead of bitcoin when making cryptocurrency deposits into exchanges like Binance.

Consensus Algorithm

Bitcoin uses a consensus algorithm known as proof of work (PoW). Ethereum currently uses PoW, but near the end of 2018 ethereum will move to a proof of stake (PoS) algorithm known as Casper. This will initially be rolled out as a PoW and PoS hybrid where every 100th block is validated by PoS.

Understanding ERC-20 Tokens

ERC-20 is a set standard for tokens that are created on the Ethereum network. It was created to allow for interoperability between ethereum based tokens. There are tens of thousands of different ERC-20 tokens due to the free nature of anyone being able to create their own.
You may have heard of some of the more popular ones including:
These are all essentially tokenized smart contracts.

Understanding Initial Coin Offerings (ICOs)

One of the most common uses cases for an ERC-20 token is to be used as a means to raise capital. These events are called ICOs or Initial Coin Offerings. ICOs are analogous to IPOs (Initial Public Offerings) in that, when an entrepreneur needs to raise capital to fund the business -- he/she asks venture capitalists for money. The venture capitalists in return ask for a stake in the company which is expected to increase in value over time.
The difference is an ICO does this through crowdfunding by utilizing blockchain technology. Instead of purchasing stock in the company, you’re purchasing a cryptocurrency (which is often just a ERC-20 token). Then, if the project gains real world utility, the price of the token should increases in value.
As you could imagine, because of the nature of how easy it is for anyone to create their own ERC-20 token, bad actors within the space have abused this power to launch fraudulent businesses which is funded through the sale of their token.
The most notable example of this is probably BitConnect which promised 1% daily compounding interest with your investment. This of course was a scam, and BitConnect no longer exists.
This is not to say there’s no such thing as a legitimate ICO (Ethereum was funded through an ICO after all), however, know that an overwhelming majority of ICOs are fraudulent with 80% being scams. As a newcomer to the cryptocurrency space, understand that there is a lot of fraudulent cryptocurrencies out there. The importance of DYOR (do your own research) can never be understated.

Conclusions

This post is starting to get pretty lengthy so I’m going to cut it here. By now you should have a good understanding of what ethereum is, why it’s important, and how it works. I’ve listed the most important takeaways below:
Thanks for reading!

Related Links

submitted by MrCryptoDude to ethereum [link] [comments]

Infos for everyone interested in NAV

Hey guys so you are interested in NAV and want to learn more about it? Here is a short summary about the most important infos about NAV taken from my other post on /cryptocurrency last week. Hope you learn something :-)

1. Additional Infos about NAV

Nav Coin has been publicly traded since mid 2014. It's a decentralized cryptocurrency which is built on the latest version of Bitcoin Core with many additional features and functionalities which differentiate Nav from other cryptocurrencies. I'm going to dive into the details of these features later on in this post.
The aim of Nav Coin is to simplify cryptocurrencies. In my opinion, this (the mainstream-adoption) is one of the most important topics for all cryptocurrencies in general. Nav is directly adressing this issue by providing very easy to use tools (wallet, mobile wallet, etc.).

1.2 Facts & Figures

1.3 Team

The team was recently expanded and consists now of the following people:

1.3.1 Core developer contributors

More infos and links to linked in about the team is on the first page of the NAV website (just scroll down a bit).

1.3.2 Core content contributors

1.3.3 Community developers

Since NAV is open source and the core team is encouraging the community to contribute to NAV, there are many more people working on NAV like sakdeniz who is creating a second desktop wallet or slothmike who is working on a reddit tipbot.

1.3.4 Weekly updates

The core team is releasing weekly updates about the ongoing projects on their website so that anyone interested can see the current status of the roadmap items.

1.4 Features

1.4.1 Optional Private Payments

With Nav Coin you have the ability to send private payments. The privacy is optional so you can choose to send non-private or private payments. Nav Coin uses a different approach to achieving privacy than other coins. Nav uses the so called NavTech. NavTech is a dual blockchain system. Essentially, the transaction information is encrypted, split in smaller transactions and sent through a second blockchain, which completely breaks any links between the sending and the receiving address. If you're interested in this technology, you can find the whitepaper on the official NAV website.
At the moment, private payments are processed by trusted servers. Everyone can operate a server themselves or can use the existing ones. The team is working on NavTech 2.0 'Rimu' which will make these servers obsolete, since every wallet will act as a private payment processor which will further push the decentralization.

1.4.2 Proof of Stake

Nav Coin uses the consensus model Proof of Stake which lets holders of Nav Coins earn a reward of 5% in interest of the coin they stake. Staking coins is very simple, you just have to have the wallet open and running.
5% rewards also mean, that there is an inflation of maximum 5% per year. But it is actually lower (at around 2-3%) since not all coins are staking. So if you are staking, you will earn more than the yearly inflation.
Here is a very detailed article about how Nav Coins Proof of Stake works.

1.4.3 Fast transaction times

Nav Coin has a really fast block speed. Transactions are confirmed as spendable withing only 30 seconds which makes it ideal for retail and e-commerce which in my opinion is one of the main points in real-life adoption. There was a video posted recently on the official twitter account which shows how NAV was used to purchase groceries in a store in Rome... That's real-life adoption!

1.4.4 NavPi

Like mentioned above, Nav Coin uses a Proof of Stake consensus model. Most of us have read about the immense energy consumption of Bitcoins Proof of Work model. In my opinion, this is not feasible for the future. With the PoS model of Nav Coin, you can stake your coins on a Raspberry Pi which uses only about 18kWh of power annually if run 24/7! This is much more environment friendly!
Nav Coin even sells their own preconfigured and ready to use NavPi Stakeboxes. Since they're out of stock very fast every time, you can create your own NavPi by following the step-by-step tutorial of the community member navtechservers

1.4.5 Community Fund

Since Nav Coin did not have an ICO or premine, they're fully self financed at the moment. The community has voted for a community fund which will propel the development and marketing of NAV greatly.
When the community fund is implemented, the PoS reward will be reduced from 5% to 4% per year. Each block will generate 0.25 Nav which will be allocated for the community fund (about 21'600 Nav per month).
Both the Nav Coin Core team and the community will be able to propose projects and budgets which the community (the stakers) will vote for. The payouts happen when everyone votes that the work is completed. The aim of this is to fund the development and ongoing success of NAV. You can read more about it here.

1.4.6 NavPay

NavPay is NAVs mobile wallet. It's one of the first mobile wallets that allows private payments. There are already real world merchants accepting Nav thanks to the NavPay app like Pasticceria Piemontese in rome and you can even pay for a cardiologic examination using Nav.
NavPay has a very simple and beautiful user interface. Download it for this giveaway and take a look yourself!

1.4.7 NavChange

Using a combination of lightning network transactions and exchange integrations, NavChange will be a Valence-powered application which facilitates instant exchange between NAV and other currencies
NavChange is a feature which is planned to be launched in 2018.
Here is an example of how it is possible to send Bitcoin anonymously with Nav Coins NavChange.
For the traders: Polymorph will greatly increase the volume for Nav.

1.4.8 Valence Plattform (Anonymous Distributed Apps)

At the moment, Nav Coin is "just" a currency. But this is going to change in 2018. The team is in the latest phase of finishing the whitepaper of the Valence Platform which will enable the development of Anonymous Distributed Apps Platform (aDapps) (think of Ethereum's smart contracts, but with privacy!). Valence is a platform that gives developers and businesses a new set of tools to help them realize their ideas on the blockchain. The whitepaper is probably coming in the next 1-2 weeks!

Final thoughts

There are some people who will say that NAV tries to do too many things. I don't agree with these guys. I think this is the main point that speaks for NAV. NANO might be faster, XMR might have better privacy, ETH might have a more accepted dApps platform... but who combines all of these features in one project?
NAV is a jack of all trades.
submitted by xVicious to NavCoin [link] [comments]

My attempt at an ELI5 for cryptocurrency to help my friends.

This is a long one so fair warning and no there is no tl;dr. I've only been at this for about 6 months and worked up this paper the other day for my friends who are interested but know very little about this. Hopefully whoever reads this can make in corrections as I am far from an expert.
Blockchain
Cryptocurrency, Bitcoin, Ether are all blockchains. Blockchains are basically a spreadsheet (LEDGER) that is duplicated multiple times across a network and updated regularly simultaneously. There is no centralized version of this ledger. It is hosted simultaneously by thousands/millions of computers. These ledgers will update on their own, Bitcoin as an example automatically checks itself every 10 minutes. Each of these 10-minute increment of transactions (in bitcoins case transactions would be sending or receiving bitcoins from one person to another for goods or services) are called BLOCKS. For these blocks to be confirmed, accepted, and updated to the ledger nodes are required.
Nodes (Mining/Forging)
A node is a computer running the blockchain software on the network. The blockchain software will automatically download the entire ledger of all transactions since its inception. At regular intervals, the software will take the transactions of a block (data on the ledger) and convert them into a mathematical puzzle to be solved by randomly chosen nodes (MINING). Mining requires powerful processors (typically GPUs) and substantial quantities of energy to receive mined tokens profitably. When a specific number of nodes solve the puzzle with the same answer they are basically confirming that the data on the block is accurate as multiple independent nodes found the same answer. When confirmed, the block gets added to the previous blocks making a chain of blocks aka a blockchain. As an incentive to run your computer as a node you are rewarded with TOKENS. If a single person or group of people wanted to manipulate the ledger, the amount of machinery and electricity used to achieve the majority of miners thus allowing you to manipulate the ledger is so exponentially expensive that it serves no reasonable purpose. This is an example of a Proof of Work Blockchain System (computer solves puzzle and rewarded with tokens)
Tokens
Tokens are part of the core of the blockchain. They are an incentive to validate transactions and create blocks. They gain intrinsic value based on the blockchain they are associated with. Some blockchains grant token holder’s different abilities. With Bitcoin, tokens are needed to pay for transaction fees. Others allow voting rights on how certain blockchain functions are managed. There is a limited amount of Bitcoin that will ever be released to nodes (21 million expected to be all be released by 2033) which also keep inflation from being a problem. Blockchains can create their platform with whatever number of tokens they would like and release them or create means to mine them as they see fit. Essentially, as with any other fiat money (currency that a government has declared to be legal tender NOT backed by a physical commodity), as adoption and trust increases the value of the token will increase. If most people accept Bitcoin for services and stores accept Bitcoin for goods than it is as good as the next currency.
Wallets
Whether you mine for tokens, are paid in tokens for goods or services or purchase tokens from a person or currency exchange you need a place to store them securely and a way to send and receive them. Cryptocurrency Wallets don’t store currency, they hold your public and private keys that interface with the blockchain so you can access your balance, send money and manage your funds. The public key allows others to send money to the public key only. A wallet that is "offline" (see Hardware or Paper below) cannot access funds or send money unless it is accessed with another form of wallet, either desktop, online, or mobile.
1) Desktop Wallet - Installed on your computer and are only accessible from that SINGLE computer. Very secure but if someone hacks your computer you are exposed. 2) Online Wallet - Run remotely (cloud based) and are far more convenient to access but make them more vulnerable as they are controlled by a third party and are also vulnerable to hacking attacks. Exchange wallets are online wallets but you are not in control of the private key. View it as a wallet that is lended to you so you can trade. The wallet is technically not yours. 3) Mobile - Ran on an app and are useful as they can be used anywhere including retail stores 4) Hardware - Private keys are stored on a tangible device like a USB drive. They can make transactions online but they are stored offline. Compatible with web interfaces and support many but not all currencies. To use, plug into a computer, enter a pin, send currency and confirm. Safest form of storage. 5) Paper - Basically a physical printout of your private and public keys. It is not stored online anywhere and the only way transactions can happen is if you transfer money with the help of an Online wallet.
Example of a Public Key = 1A684DbsHQKPVCWgaUsYdF4uQGwTiA9BFT Example of a Private Key = E9873D79C6D87DC0FB6A5778633389F4453213303DA61F20BD67FC233AA33262
Most wallets provide a Recovery Mnemonic Passcode that is a series of words (typically 12 to 24 words) in a specific order. If you lose your login information for your wallet you can supply the mnemonic passcode and retrieve your lost login information. If you lose your login information and your mnemonic passcode your wallet will be inaccessible and your tokens are lost to you. The above basically describes a first generation Blockchain Cryptocurrency such as Bitcoin. It is used basically as currency with no centralized entity regulating the release of additional currency and keeping the ledger of where the money is going secure and extremely safe from manipulation.
Second Generation Blockchain
The second generation blockchains sprung out of this environment with something more valuable. Utilizing the blockchain system to allow applications to be ran on top of a decentralized secure system. Instead of just recording transactions, contracts could be transmitted the same way. More complex transactions (SMART CONTRACTS) allow for things such as: - Funds to be spent only when a required percentage of people agree - Manage agreements between users (such as insurance) - Provide utility to other contracts - Store information about an application such as domain registration information or membership records This basically can allow applications to be ran on top of the blockchain system. This can cut out the middleman for many real-world applications (mortgages, banking, communications, security confirmations etc.)
Proof of Work/Proof of Stake
As I mentioned earlier, Proof of Work (PoW) requires nodes to solve a mathematical puzzle which is rewarded with tokens. Proof of Stake (PoS) is different, the tokens with proof of stake systems are pre-mined meaning they are all created when the blockchain system is created. Blocks are not verified by the typical method. The block validator uses the blockchain software to stake their tokens and are chosen based on specific factors depending on how many tokens the person holds and for how long. Depending on how many tokens they hold will restrict the quantity of blocks they can validate. If they own more they can validate more often but all validators will be chosen randomly keeping the rewards fairly distributed (unlike PoW which typically reward the first completed.) The blockchain still requires a mathematical puzzle to be solved but it is much easier than PoW requiring far less time and energy. If the blockchain has premined all of their tokens then new tokens cannot be mined for rewards in PoS. The reward for staking your tokens to be a validator is a portion of the transaction fee that is charged as part of normal transactions on the blockchain. That is why PoS miners are called forgers. If manipulation is attempted than their stake can be taken from their wallet adding more motivation to prevent data manipulation.
Fork
Some cryptocurrencies may need to update or upgrade the coding of their blockchain software. When this happens usually a fork occurs. This basically means the cryptocurrency splits into two separate cryptocurrencies. Because the nature of blockchain technology, they are decentralized and autonomous so the older version cannot be deleted or removed. If people choose to continue using the old version they can. For mining/forging purposes the nodes will need to choose which they will mine/forge and download the blockchain software on their computer to proceed. When the fork occurs, anyone holding tokens in the original currency will be given the same number of tokens in the forked currency. (When Bitcoin forked to Bitcoin Cash, anyone holding x amount of Bitcoin would receive a new wallet for Bitcoin Cash also containing x amount of Bitcoin Cash.) This is called a Hard Fork and all previous transactions are made invalid. There are also Soft Forks, in this case it is backwards compatible and all previous transactions are valid. This can result in two currencies but in most cases, it doesn’t as it is usually accepted by most miners/forgers because it is backwards compatible.
Exchanges
Online currency exchanges allow you to buy, sell or exchange fiat money (USD, EUR, etc) with digital currencies or in most cases digital currencies for other digital currencies. There are a large variety of different exchanges that are operated in multiple countries but there are around a dozen that the majority of cryptocurrency trading volume are present on. Not all cryptocurrencies will be listed on all exchanges, some have specific prerequisites to be listed on their exchange and there may be fees associated as well. Once your account is set up you will have a list of all available cryptocurrencies to trade. Each currency will have an associated online wallet with the public key address allowing you to send that specific currency to that wallet. (Many exchanges are having delayed or canceled identity verification, currency transfers and lack sufficient customer support due to the influx of new traders) Examples of top exchanges: 1) Coinbase (trades fiat) 2) GDAX (trades fiat) 3) Gemini (trades fiat) 4) Changelly (trades fiat) 5) Bittrex 6) Binance 7) HitBTC 8) EtherDelta 9) Bitfinex 10) Kraken 11) Bithumb 12) Bitstamp 13) Poloniex 14) OKEx
Sending/Receiving Tokens
All wallets have the ability to send digital currency to other wallets. The function is relatively easy, make sure the currency you are sending is going to the appropriate wallet for that currency. Ethereum tokens cannot be sent to a Bitcoin wallet for example. (The tokens aren’t actually moving location; the list of transactions/ownership is what is stored in the wallet). Triple check the wallet private key you are sending the tokens to. If you type the wrong address the tokens will be lost in nearly all incidents. Some mobile wallets allow you to scan a QR code that will automatically enter the public key rather than copying/pasting or typing out the public key.
Taxes
As of January 1, 2018 it appears that taxing on digital currency has changed. Every trade between any digital currencies (Bitcoin to Ether, Ether to Litecoin etc) will be a taxable transaction. If you hold the currency for longer than one year than you will pay capital gain tax when it is traded or sold (15%-20%) and if you sell or trade in less than a year you will have to add the profit to your taxable income to adjust your tax bracket.
Altcoins
Altcoins are basically any coin that is not Bitcoin. Most cryptocurrencies do not have a native blockchain (their own independent dedicated blockchain). Bitcoin, Ether, Ripple, Waves, NXT, Cardano all have their own native blockchain. Many other cryptocurrencies run on other cryptocurrency’s blockchains. Litecoin runs on Bitcoins blockchain, hundreds run on the Ethereum blockchain. These currencies act as smart contracts running on the adopted blockchain.
DApps (Decentralized Applications)
For a blockchain application to be considered a DApp it must be 1) Open source, code available to all 2) Decentralized, uses blockchain cryptographic tech 3) Incentive, must have tokens to fuel itself 4) Algorithm/Protocol, generates tokens and has a built-in consensus mechanism (mining/forging.)
There are 3 types of DApps, each basically piggybacks off the platform of the previous Type 1 – Have their own blockchain (like bitcoin) Type 2 – Use the blockchain of Type 1 DApps Type 3 – Use the protocol of Type 2 DApps
ICO (Initial Coin Offering)
Much like an IPO (Initial Public Offering) that offers stock in a private company to the public, an ICO raises money for new Cryptocurrency ventures. Typically, a minimum investment is required in the form of a cryptocurrency such as Bitcoin or Ether and the investor is given tokens of the cryptocurrency at a reduced cost. Due to the fact that ICO’s are so new, government agencies have not begun regulating these ventures making them extremely risky as anyone with a competent coder can create and market a cryptocurrency that can be used to swindle investors who aren’t cautious. The US government no longer allows its citizens to participate in ICO’s and if you are using a computer with an IP address located in the United States, ICO’s websites will not allow you to invest.
Research
1) Whitepapers – Each cryptocurrency will have their own dedicated websites and most will have a whitepaper that has a description of what their cryptocurrency is designed to do. 2) Roadmaps – Also on each cryptocurrency’s website, they tend to have a roadmap or timeline as to when they are planning to complete certain milestones be it added features to the blockchain or wallet or any other important events. 3) Coinmarketcap.com – List of every available cryptocurrency, the exchanges they trade on, market cap, trade volume, available tokens, newly created tokens etc. 4) Reddit.com (cryptocurrency subreddit) – Subreddits focused on cryptocurrency as well as specific subreddits focused on individual cryptocurrencies. Be cautious as many people on these sites are uninformed and/or are trying to manipulate the market by fooling others to buy or sell based on fraudulent information. 5) Bitcointalk.org – Forums specific to individual cryptocurrencies. There is a lot of self-marketing (bounties) on this site. Take what they say with a grain of salt 6) TwitteFacebook (Social Media) – Many times news from team members or the cryptocurrency’s social media page will break news before it is listed on any of the above-mentioned outlets. Find out who is working for the cryptocurrency you are interested in and start following the team’s social media. Don’t forget to look at their linkedin accounts if available, previous employment and behavioral history to confirm they are competent. 7) Github - Code from projects can be uploaded here and reviewed for issues and revisions.
Common Terms/Slang
Shilling – covert advertising, personally endorsing a token so as to manipulate the price to either recoup a loss or increase gains on a token the individual owns. FUD – Fear, Uncertainty, Doubt; another method to manipulate the price of a token the person owns by making others second guess their investment decision on a specific token. FOMO – Fear Of Missing Out; buying a token (usually after the price has already increased) hoping they haven’t missed the majority of a price increase. Shitcoin – A cryptocurrency that has become worthless overtime or a scam operation. To the Moon – Massive increase in a token’s price.
I'm sure there are probably revisions to be done on this as I am still getting my head around all of the concepts. Any help to this would be appreciated.
submitted by Truantlife to CryptoCurrency [link] [comments]

Waltonchain All-in-One - Extended

Welcome!

I would like to warmly welcome everyone to waltonchain
This is an updated, extended community-written post and I will try to update it regularly over time.
Please respect our rules (see sidebar) and feel free to comment, contribute and ask questions.
Don’t forget to subscribe to the subreddit for any news on Waltonchain!
 

Getting Started

What is Waltonchain?

The Waltonchain Foundation is building a cross-industry, cross-data sharing platform by integrating Blockchain with the Internet of Things through self-developed RFID Chips with intellectual property rights.
The in-house developed Waltonchain RFID chips integrate a proprietary, genuine random number generator and an asymmetric encryption logic and hardware signature circuit, all of which are patent-protected.
The combination of self-developed RFID chips and the Waltonchain blockchain will ultimately achieve the interconnection of all things and create a genuine, believable, traceable businessmodel with totally shared data and transparent information.
Waltonchain will unfold a new era of the Value Internet of Things (VIoT).
 
Waltonchain Introduction Video
Launch of Waltonchain
 

The Project

The Waltonchain team has formulated a 4-phase development plan, starting from infrastructure platform establishment to gradually incorporating retail, logistics and product manufacturing, and to finally achieving the full coverage of the business ecosystem.
 
As for the phase 1.0 of the project, the team has developed the clothing system integration scheme based on RFID. The application scenarios at phase 1.0 will establish Golden demonstration template
At phase 2.0, our RFID beacon chip will be massproduced and can be used in clothing, B2C retail and logistics.
At phase 3.0, manufacturers will achieve traceable customization of intelligent packaging.
At the project phase 4.0, with the upgrading and iteration of assets information collection hardware and improvement of blockchain data structure, all assets can be registered in Waltonchain in the future.
 
Original Roadmap Thread

Project-Updates:

Video: WTC-Garment System by Waltonchain & Kaltendin
Video: WTC-Food System by Waltonchain
 

Official Resources

Waltonchain Whitepaper
Waltonchain Official Website
Waltonchain Github
 
Official Official Medium
Official Slack
Official Instagram
Official Facebook
Official Twitter @waltonchain
Official Telegram @waltonchain_en
 
Dedicated community Telegram channel for Waltonchain miners, MN & GMN holders.
@WaltonchainMining
 
 
Chinese Community
本群为沃尔顿链华文官方社群
Chinese Telegram @waltonchain_cn
官方网站 - Waltonchain China - Website
 
Korean Community
공식사이트 - Waltonchain Korea - Website
카카오톡 - Waltonchain Korea - Kakao
트위터 - Waltonchain Korea - Twitter
블로그 - Waltonchain Korea - Naver Blog
인스타그램 - Waltonchain Korea - Instagram
Freyr 공식텔레그램방(한국) - Freyrchain Korea - Telegram
Communities in Progress
Russian Twitter @waltonchain_ru
Russian Website
Japanese Twitter @waltonchain_jp
Japanese Website
Brazilian Twitter @waltonchain_br
 

Waltonchain Wallet

Please note that before the token swap,
DO NOT transfer your ERC20 WTC tokens to the WTC wallet!!
 
Wallet for PC (Github)
Web Wallet - Instruction Manual
Windows Wallet - User Manual
Windows Wallet - Tutorial Video
Wallet for Android
Google Playstore
Github
Android User Manual
Android Wallet - Tutorial Video
 
Wallet for IOS
(pending Apple Store approval)
 
Explorer
Waltonchain Explorer
Waltonchain Blockchain Explorer User Manual
 
Mining
Waltonchain GPU Mining User Manual
Waltonchain Progressive Mining Reward Program
 
Unofficial
Unofficial Guardian Masternode Tracker
waltonchain.tech - Unofficial collection of news and useful resources

The Foundation

>> Waltonchain Organizational Chart <<<--
 
Waltonchain Foundation Ltd. (Singapore) - 沃尔顿链
Waltonchain (HK) Development Co. Ltd. (Head company)
Walton Chain Technology Co. Ltd. (Korea)
Silicon (Shenzhen) Electronic Technology Co. Ltd.
Silicon (Xiamen) Electronic Technology Co.Ltd. (RFID Chip Research)
Silicon (Quanzhou) Electronic Technology Co. Ltd.(IoT Intelligent Switch Chip)
Nanjing Sleewa Information Technology Co. Ltd. (Blockchain)
Quanzhou KEDIHENG Electronic Technology Co. Ltd
Xiamen IOT Technology Co. Ltd.
Xiamen Citylink Technology Co.Ltd.
Xiamen ZhongChuan IOT Industry Research Institute Co.Ltd.
 

The Team

Founder:

Do Sanghyuk (都相爀) – Initiator in Korea
Korean, Vice Chairman of the China - Korea Cultural Exchange Development Committee, Director of the Korea Standard Products Association, Chairman of Seongnam Branch of the Korea Small and Medium Enterprises Committee, Chairman of Korea NC Technology Co., Ltd., Senior Reporter of IT TODAY News, Senior Reporter of NEWS PAPER Economic Department, Director of ET NEWS.
 
Xu Fangcheng (许芳呈) – Initiator in China
Chinese, majored in Business Management, former Director for Supply Chain Management of Septwolves Group Ltd., has rich practical experience in supply chain management and purchasing process management. Currently, he is the Director of Shenzhen Silicon, the Director of Xiamen Silicon and the Board Chairman of Quanzhou Silicon. He is also one of our Angel investors.
 

Senior Experts:

Kim Suk ki (金锡基)
Korean, South Koreas electronics industry leader, Doctor of Engineering (graduated from the University of Minnesota), Professor of Korea University, previously worked at Bell Labs and Honeywell USA, served as vice president of Samsung Electronics, senior expert in integrated circuit design field, IEEE Senior Member, Vice President of the Korea Institute of Electrical Engineers, Chairman of the Korea Semiconductor Industry Association. Has published more than 250 academic papers with more than 60 patents.
 
Zhu Yanping (朱延平)
Taiwanese, China, Doctor of Engineering (graduated from National Cheng Kung University), Chairman of the Taiwan Cloud Services Association, Director of Information Management Department of National Chung Hsing University. Has won the Youth Invention Award by Taiwan Ministry of Education and Taiwan Top Ten Information Talent Award. Has deeply studied blockchain applications over the years and led a block chain technology team to develop systems for health big data and agricultural traceability projects.
 

Chief Experts

Mo Bing (莫冰)
Chinese, Doctor of Engineering (graduated from Harbin Institute of Technology), Research Professor of Korea University, Distinguished Fellow of Sun Yat - sen University, Internet of Things expert, integrated circuit expert, Senior Member of Chinese Society of Micro-Nano Technology, IEEE Member. Has published more than 20 papers and applied for 18 invention patents. Began his research of BitCoin in 2013, one of the earliest users of btc 38.com and Korea korbit. Served as Technical Director of Korea University to cooperate with Samsung Group to complete the project Multi sensor data interaction and fusion based on peer to peer network. Committed to the integration of block chain technology and Internet of Things to create a real commercialized public chain.
 
Wei Songjie (魏松杰)
Chinese, Doctor of Engineering (graduated from the University of Delaware), Associate Professor of Nanjing University of Science and Technology, Core Member and Master Supervisor of Network Space Security Engineering Research Institute, Block Chain Technology expert in the field of computer network protocol and application, network and information security. Has published more than 20 papers and applied for 7 invention patents. Previously worked at Google, Qualcomm, Bloomberg and many other high-tech companies in the United States, served as R D engineer and technical expert; has a wealth of experience in computer system design, product development and project management.
 

Core Members

Shan Liang (单良)
Graduated from KOREATECH (Korea University of Technology and Education) Mechanical Engineering Department, Venture Capital PhD, GM of Waltonchain Technology Co., Ltd. (Korea), Director of Korea Sungkyun Technology Co., Ltd., Chinese Market Manager of the heating component manufacturer NHTECH, a subsidiary of Samsung SDI, economic group leader of the Friendship Association of Chinese Doctoral Students in Korea, one of the earliest users of Korbit, senior digital money player.
 
Chen Zhangrong (陈樟荣)
Chinese, graduated in Business Management, received a BBA degree in Armstrong University in the United States, President of TIANYU INTERNATIONAL GROUP LIMITED, leader of Chinese clothing accessories industry, Chinas well-known business mentor, guest of the CCTV2 Win in China show in 2008. Researcher in the field of thinking training for Practical Business Intelligence e-commerce and MONEYYOU course, expert on success for Profit Model course. Began to contact Bitcoin in 2013 with a strong interest and in-depth study of digital money and decentralized management thinking. Has a wealth of practical experience in the business management, market research, channel construction, business cooperation and business model.
 
Lin Herui (林和瑞)
Chinese, Dean of Xiamen Zhongchuan Internet of Things Industry Research Institute, Chairman of Xiamen Citylink Technology Co., Ltd., Chairman of Xiamen IOT. He successively served as Nokia RD Manager and Product Manager, Microsoft Hardware Department Supply Chain Director. In 2014, started to set up a number of IoT enterprises and laid out the industrial chain of the Internet of Things. The products and services developed under his guidance are very popular. Assisted the government in carrying out industrial and policy research and participated in planning of multiple government projects of smart cities, IoT towns and project reviews.
 
Ma Xingyi (马兴毅)
Chinese, China Scholarship Council (CSC) special student, Doctor of Engineering of Korea University, Research Professor of Fusion Chemical Systems Institute of Korea University, Korea Sungkyun Technology Co., Ltd. CEO, Member of Korea Industry Association, Associate Member of the Royal Society of Chemistry, has published his research results in the worlds top journal Nature Communications and participated in the preparation of a series of teaching materials for Internet of Things engineering titled Introduction to the Internet of Things. His current research direction covers cross-disciplines that combine blockchain technology with intelligent medical technology.
 
Zhao Haiming (赵海明)
Chinese, Doctor of Chemical Conductive Polymer of Sungkyunkwan University, core member of Korea BK21th conductive polymer project, researcher of Korea Gyeonggi Institute of Sensor, researcher of Korea ECO NCTech Co., Ltd., Vice President of the Chinese Chamber of Commerce, Director of Korea Sungkyun Technology Co., Ltd. He has been engaged in transfer of semiconductor, sensor and other technologies in South Korea. He is an early participant of the digital currency market.
 
Liu Cai (刘才)
Chinese, Master of Engineering, has 12 years of experience in design and verification of VLSI and a wealth of practical project experience in RFID chip design process, SOC chip architecture, digital-analog hybrid circuit design, including algorithm design, RTL design, simulation verification, FPGA prototype verification, DC synthesis, backend PR, package testing, etc. Has led a team to complete the development of a variety of navigation and positioning baseband chips and communication baseband chips, finished a series of AES, DES and other encryption module designs, won the first prize of GNSS and LBS Association of China for scientific and technological progress. Finally, he is an expert in the consensus mechanism principle of blockchain and the related asymmetric encryption algorithm.
 
Yang Feng (杨锋)
Chinese, Master of Engineering, worked at ZTE. Artificial intelligence expert, integrated circuit expert. Has 12 years of experience in VLSI research and development, architecture design and verification and 5 years of research experience in artificial intelligence and the genetic algorithm. Has won the Shenzhen Science and Technology Innovation Award. Has done an in-depth research on the principle and realization of the RFID technology, the underlying infrastructure of blockchain, smart contracts and the consensus mechanism algorithm.
 
Guo Jianping (郭建平)
Chinese, Doctor of Engineering (graduated from the Chinese University of Hong Kong), Associate Professor of the Hundred Talents Program of Sun Yat-sen University, academic advisor of masters degree students, IEEE senior member, integrated circuit expert. Has published more than 40 international journal conference papers in the field of IC design and applied for 16 patents in China.
 
Huang Ruimin (黄锐敏)
Chinese, Doctor of Engineering (graduated from the University of Freiburg, Germany), academic advisor of masters degree students, lecturer of the Department of Electronics of Huaqiao University, integrated circuit expert. Mainly explores digital signal processing circuit and system implementation and works on digital signal processing technology long-term research and development.
 
Guo Rongxin (郭荣新)
Chinese, Master of Engineering, Deputy Director of the Communication Technology Research Center of Huaqiao University. Has more than 10 years of experience in design and development of hardware and software for embedded systems, works on the long-term research and development of RFID and blockchain technology in the field of Internet of Things.
 
Dai Minhua (戴闽华)
Chinese, graduated in Business Management, received a BBA degree from Armstrong University, senior financial expert, served as Vice President and CFO of Tanyu International Group Co., Ltd. Has 13 years of financial work experience, has a wealth of experience in developing and implementing enterprise strategy and business plans, as well as achieving business management objectives and development goals.
 
Liu Dongxin (刘东欣)
Chinese, received an MBA from China Europe International Business School, Visiting Scholar of Kellogg School of Management at Northwestern University, strategic management consulting expert, investment and financing expert. His current research interest lies in the impact of the blockchain technology on the financial sector.
 

Angel Investors

Song Guoping (宋国平)
Qiu Jun (邱俊)
Yan Xiaoqian (严小铅)
Lin Jingwei (林敬伟)
He Honglian (何红连)

Advisory Team

Ko Sang Tae (高尚台)
Liu Xiaowei (刘晓为)
Su Yan (苏岩)
Zhang Yan (张岩)
Ma Pingping (马萍萍)
Peng Xiande (彭先德)
Fu Ke (傅克)
Xiao Guangjian (肖光坚)
Li Xiong (李雄)
 
The Team (pt.I)
The Team - The Engineers (pt. II)
The Team - Angel Investors & Advisors (pt. III)
WaltonChain Office Tour
Meet the team #1: Xu Fangcheng
Meet the team #2: South Korean Team
Meet the team #3: Wei Songjie
Meet the team #4: Suk Ki Kim
Meet the team #5: Lin Herui
Meet the team #6: Bing Mok (CEO)
 

Partnerships, Affiliations & Corporate Interests

Government Affiliations
Fujian IoT Industry Association
Air purification and smart monitoring project with Jinhu Provincial Government
"Smart Oceans" blockchain R&D project with Fujian Provincial Government
Building "Blockchain Silicon Valley" with Taiwan Cloud and Fujian Provincial Government
KISA and Korean IoT research centre
Taiwan Cloud Association
Korea University engineering department
Korea Blockchain Enterprise Promotion Association (authorized by South Korean National Assembly)
 
Smart Logistics / Smart Warehouse
Xiangyu Group
Fuyao Glass Industry Group co., Ltd
Kehua
Lipson Plastic
NanKang City Furniture industry
Direct delivery
Fujian Soonbox Logistics Park
Huodull Technology
 
Smart Retail
Guangdong Original Clothing Trading Center
Shenzhen M&A Association of Listed Companies
Septwolves
Fuguiniao
SMEN
TANYU
JoeOne
Lalabobo
Ishijah
Kaltendin
 
Technical Alliance
Alibaba Cloud
China Mobile IoT Alliance
Xiamen Branch of China Telecom Corporation Limited
Zhangzhou Branch of** China Telecom** Corporation Limited
NC Technologies
Shenzhen Card Cube Smart Technology co., Ltd
NIDS Sensor Technology
Sungkyun Technologies
NH Tech
Jiangsu Zhongke Internet of Things Technology Venture Capital Co., Ltd.
Fujian C-TOP Electronics co., Ltd.
 
Finance
Sinolink Securites
Gingko Capital (Investment Arm of Waltonchain) -> Investments
Gingko Investment List on Reddit
 
Blockchain Partner
Mobius
Freyrchain
Loci
Coinlink
SwftCoin
Morganchain
Aston
 
Media Partner
JU&KE Creative Design
Yunnan Yunshanghuaxia Trading co., Ltd.
ArtCrypto
Fanfangxiang Culture & Media co., Ltd.
 
Waltonchain Government Affiliations Infographic
Waltonchain Business Affiliations Infographic
Summary of Some of Waltonchain's Government and Business Partnerships
 
Child Chains
Freyrchain - Freyrchain - The world’s first blockchain-based collectibles data authenticity platform
Fashionchain Fashionchain - Fashionchain restructures the strongly-centralized pyramid structure inherent in the fashion industry ecology into a decentralized structure in which all parties connect point to point directly.
 
Click here for the News, PR & Awards Thread.
Click here for a Timeline of Official - Waltonchain-Medium - Posts.
 
Videos
Waltonchain Annual Meeting Presentation Video
Waltonchain Introduction Video
Waltonchain Visit and Product Demo! (Part 1 of 2) - Boxmining
Waltonchain Interview and Demo (Part 2 of 2) - Boxmining
Waltonchain Coinnest Meetup with Mo Bing
Dr. Mo Bing's First Live Interview with Coinnest CEO
Waltonchain CEO Mo Bing announcing the official launch of Waltonchain Mainnet
List of AMAs
First Reddit AMA - October 1, 2017
Technical AMA - October 9, 2017
Hardware AMA Summary - October 17,2017
Extended Hardware AMA - October 24, 2017
Retail Demo AMA - November 27, 2017
Masternode AMA - December 7, 2017
Slack AMA Live Thread - January 3, 2018
Waltonchain Beta Release AMA Part 1 - January 5, 2018
Waltonchain Beta Release AMA Part 2 - January 15, 2018
Waltonchain February Q&A - February 18, 2018
Waltonchain March AMA Part 1 - March 19, 2018
Waltonchain March AMA Part 2 - March 27, 2018
Progress Reports
Waltonchain Work Progress in Q2 2018
Waltonchain Work Progress in Q1 2018
Waltonchain: New Logo · New IC strategy ·New Journey!
The Summary of Waltonchain in 2017
Waltonchain Project Progress Report (Nov. – Dec. 2017)
Professor Kim Suk Ki Arrived at Xiamen for Project Review and to Provide Guidance
A letter to the waltonchain family
A Letter from Waltonchain Foundation
Waltonchain Alpha Version Internal Testing
Noteworthy Posts
Waltonchain’s Bigger Picture: OBOR
Waltonchain: Ushering an Era of IoT Mass Market Adoption
What is Waltonchain and Why Should We Care?
Waltonchain and the Chinese Government: Cooperation, Collaboration and a Bright Future
Top 5 Cryptocurrencies Set For Success In 2018 - Invest in Blockchain
 
Exchanges
Binance, Coinnest, HitBTC, LATOKEN, OKEx, Kucoin, COSS, Coinlink, Allcoin, Coinrail, Cobinhood, Huobi
 

Frequently Asked Questions

 
 
Walton Knights
u/fent11
u/NetworkTraveler
u/yayowam
u/Crypto_RALLY
u/TheSideQuest
RikkiTikki (slack)
Crypto Buff (telegram)
submitted by istaan69 to waltonchain [link] [comments]

What is AhrvoDEEX?

Ahrvo is a $0 commission social trading platform that provides daily rankings for over 8000 stocks and ETFs. Ahrvo’s proprietary ranking system exploits and capitalizes on patterns found in the historical and projected stock market and company-specific data in order to consistency find the best stocks. Ahrvo’s patent-protected software integrates quantitative and social investing. Fostering an environment where users can make profitable trades and engage other participants within the Ahrvo community to discuss trading strategies. Ahrvo Fantasy Investing League (AFIL) awards cash prizes monthly to the top finisher in its investing competition. Participants can create public or private investing leagues to compete against family and friends. Features include real-time prices and stock alerts, Wall Street consensus data, quantitative company profiles, proprietary buy and sell signals, 300 ranked investment themes, among others. The platform is currently available on iOS and Android.
About AhrvoDEEX Company Overview Ahrvo is a financial technology company created in March 2017. Ahrvo’s proprietary multi-factor ranking system and resulting AhrvoScoresTM help investors and traders of all backgrounds discover stock market winners and make timely and profitable investment decisions among more than 8000 stocks and ETFs. Ahrvo’s proprietary equity scoring model uses predictive analytics and data mining techniques to uncover and exploit patterns found in historical and projected stock market data in order to find the best stocks. AhrvoScores are derived using the four main drivers of stock price performance -- Quality, Value, Growth, and Momentum. Each factor adjusts to stock market conditions creating consistently robust AhrvoScores. It is simple: stocks with high AhrvoScores consistently outperform the market; stocks with low scores underperform. This streamlines the stock discovery process as a group of top rated investment ideas is curated for users daily.
Problem Clearinghouses and other intermediaries cost the brokerage industry billions of dollars a year, creating bottlenecks that limit order-matching transparency and settlement speed. Wall Street lacks objectivity and often produces inaccurate equity ratings and price targets. For example, in 2017 only 5% of the 500 S&P companies were rated ‘sell’. This leaves investors and traders without a roadmap to find stocks that are suitable for investment. A study conducted in 2016 found that from 1981 to 2016 the top 10 percent of stocks analysts were most bullish (optimistic) about generally performed worse than the 10 percent of stocks analyst were bearish (pessimistic) about. In fact, an investor who bought stocks analysts were bearish on over that time period would have gained 15% in excess return over the following year relative to the stocks analysts were bullish on.
Solution AhrvoDEEX is a peer-to-peer decentralized equity exchange that enables profitable trading by using multifactor ranking systems and deep learning algorithms to create smart equity scores and price targets that streamline the decision-making process. AhrvoDEEX transaction speed is comparable to centralized exchanges and much faster than Bitcoin and Ethereum. Centralized exchanges settle in 1 to 3 seconds. Ethereum DEX transactions take ~3 minutes. Bitcoin transactions take 10 minutes to settle but can often take longer. Transactions on AhrvoDEEX settle in ~3 to 5 seconds. Ahrvo’s proprietary equity scoring model looks at over 4 dozen subfactors that are highly correlated with price performance, subsequently grouping them into four main factors. For the past ten years, our system has consistently outperformed the stock market (benchmark Russell 3000 w/dividends). The model's performance results were created by a 3rd party firm, EQM Capital LLC.
Competitive Advantage
Patent Protection Ahrvo is building the first blockchain-based decentralized equity exchanged powered by artificial intelligence. Over the past two years, Ahrvo’s management team has garnered the necessary protection for its growing suite of investing and trading solutions. Ahrvo has filed two provisional patents (March 2017/November 2018) and one utility patent (March 2018). Pending patents cover existing and upcoming products and features that are under-development or slated for release. In addition, native aspects of the network's protocol and integration of multifactor ranking systems and neural networks into a peer-to-peer equity exchange are covered.
Traditional Broker Experience An advantage of being a traditional broker instead of a tokenized exchange is the ability to custody and onboard traditional equities. Tokenized platforms frequently state, “we are only a software firm and do not participate in regulated activities such as custodial or clearing services, order execution, investment advice, asset management, and other such financial services.” We believe this is to their detriment. Ahrvo’s custodian platform will offer front and back office services for firms. By focusing on a larger market (equities vs. cryptocurrency), AhrvoDEEX growth should exceed tokenized competitors.
Competent Blockchain Developers Ahrvo is working with a seasoned team of blockchain developers. The development firm is CMMI Level 3 and ISO 9001: 2015 certified. In total, we have access to a team of 35 blockchain developers but will be working with a team of 4-5 developers initially. Their experience includes: launching public and private blockchain by forking, creating native coins, changing specifications like reward logic, inflation rate, etc., and configuring mining tools.
Infrastructure Current market participants (mainly Ravencoin and Equibit) are forks of Bitcoin. We view this as a structural impediment given the nature of the industry (high transaction volume). The consensus protocol of their blockchains is Proof of Work (POW). In POW, miners require a lot of energy to validate transactions. The implicit and explicit cost associated with bitcoin-based platforms has become apparent when transaction volumes rise with the price of the underlying cryptocurrency. Ahrvo’s blockchain will be forked from Stellar, and use Proof of Stake (POS)- a more cost-efficient and environmentally friendly consensus protocol.
EXCHANGE LIST
Binance
Kucoin
Bibox
Huobi
SECURE WALLET
Ledgerwallet
Trezor
Ellipal
submitted by icoinformation2021 to AhrvoDEEX [link] [comments]

PalletOne (PTN)

Vision PalletOne Capacity Combining the DAG with the jury consensus, it breaks through the technical limits of traditional blockchains both in storage and computing.
PalletOne Ecosystem PalletOne aims to establish a complete smart contract ecosystem that allows developers, users, and "miners" to gain incentive or pay.
PalletOne Universality DApp (Decentralized Application) can be deployed on various chains at the same time and is not limited by the underlying chain.
PalletOne Token Model users do not need to write any code when issuing a token, but only need to configure the relevant parameters
PalletOne Zcash Using zero knowledge proof to provide enhanced privacy
PalletOne Litecoin Coin refined from Bitcoin
PalletOne Ethereum A cryptocurrency featuring smart contract
PalletOne Bitcoin Most widely used cryptocurrency
PalletOne IOTA A cryptocurrency featuring zero transaction fee
Application Scenarios Cross-chain Payment Users in the Bitcoin network want to enjoy the fun of playing Crypto Kitties in Ethereum. The most feasible solution is to convert certain BTC to ETH through complex operations on Cryptocurrency exchange with high fees. The user can use PalletOne to pay for the cost directly using BTC, thus avoiding complex currency exchange operations.
Support for Multiple Payment Types on Dapps When users use DApps built on PalletOne, the payment method is more flexible and free: both through PalletOne Token and You can choose BTC, ETH, or even random combination of several ways.
Finacial Instrument PalletOne is the best platform to share their investment strategies. And users can create their own ETFs. The token in PalletOne is highly flexible. Any user can use the token tool to design a token with mutlti-coins ,stocks and bonds. And more, PalletOne provides a comprehensive set of at-risk definitions and warrants that can accomplish this and ensure security.
PalletOne PalletOne Technology Advantages Multi-Chain PalletOne smart contracts support multi-chain. Through the Jury consensus and adaptation layer, PalletOne smart contracts can run on different blockchains at the same time. PalletOne smart contract can interact with different blockchains at the same time, so users can trade tokens from different blockchains in one PalletOne contract invocation to make the inter-chain token exchange distributed, atomic, and immutable.
PalletOne PalletOne Multi-Task The verification, execution, etc. of the PalletOne smart contract can be done by the Jury specifically created for it. The Jury is composed of a group of jurors at random selected from the candidate jurors randomly. Smart contracts in PalletOne can be implemented by selecting different juries in a multi-tasking manner. Compared with the whole-network consensus approach, PalletOne network congestion will be effectively reduced.
Security PalletOne's security is reflected in two aspects, one is the security of development, and the other is the security of contract execution. When a user develops a corresponding scene contract, he/she only needs to call a standard contract and complete DAPP development in a few steps. PalletOne VM can provide a safe and efficient sandbox operating environment for smart contracts.
PalletOne PalletOne Multi-Language & Multi-Platform · DApp developers of PalletOne can develop smart contracts using mainstream development languages without having to learn a new contract development language.
· PalletOne VM is completely decoupled from the underlying operation system, which allow PalletOne smart contract adapt to windows, Linux, Mac as well as other types of platform.
Timeline PalletOnePalletOnePalletOnePalletOnePalletOnePalletOnePalletOnePalletOnePalletOnePalletOne2018 Q2 PalletOne Development and Open Source PalletOnePalletOnePalletOnePalletOnePalletOnePalletOnePalletOne Our Team PalletOne Peijiang Zhu PalletOne Global Community Leading Official PalletOne Matthew Jones PalletOne North American Business Official PalletOne Yi Zeng PalletOne Technical Director PalletOne Cuicui Wang PalletOne Architect & Researcher PalletOne Kenneth Chen Specialist of PalletOne PalletOne Dr.Jian Liu Specialist of PalletOne PalletOne Dr.Yu Chen Specialist of PalletOne PalletOne Ningning Shi Specialist of PalletOne PalletOne Xiaojun Mao PalletOne CMO PalletOne Donghai Liu PalletOne director of operation PalletOne Minsen Feng PalletOne Asia-Pacific Marketing Director PalletOne Xiang Zhao PalletOne Asia-Pacific Marketing Director PalletOne Zheng Zhang PalletOne manager of operation PalletOne Yu Yang PalletOne Distributed Storage DAG Module Leader PalletOne Lihua Guo PalletOne senior engineer leader of virtual machine and contract management module PalletOne Jiyou Wang Leader of the PalletOne code framework and p2p network module PalletOne Jie Yang PalletOne development engineer storage DAG and memory management PalletOne Albert·Gou PalletOne core development engineer leader of consensus algorithm module PalletOne Xiangli Zhang PalletOne Senior Core R&D Engineer manager of the underlying chain transaction adapter model PalletOne Ligang Wang PalletOne Senior Development Engineer leader of chain data API and wallet service module PalletOne Zhiyuan Wu PalletOne Senior Development Engineer head of system contract module Advisors PalletOne Yan Meng Vice president of CSDN PalletOne Dr.Li Gong PalletOne Chief Scientist PalletOne AkiyoshiFukumitsu Founder & CEO of Hivelocity inc AkiyoshiFukumitsu Based in Tokyo, over 20 years of web development, online marketing and business solutions extensive experience.
EXCHANGE LIST
Binance
Huobi
Kucoin
Bibox
Qryptos
Satoexchange
BIGone
Bitrue
Bilaxy
Bit-Z
Linkcoin
SECURE WALLET
Ledgerwallet
Trezor
submitted by icoinformation2021 to PalletOne [link] [comments]

Infos for anyone interested in NAV

Hey guys so you are interested in NAV and want to learn more about it? Here is a short summary about the most important infos about NAV taken from my other post on /cryptocurrency last week. Hope you learn something :-)

1. Additional Infos about NAV

Nav Coin has been publicly traded since mid 2014. It's a decentralized cryptocurrency which is built on the latest version of Bitcoin Core with many additional features and functionalities which differentiate Nav from other cryptocurrencies. I'm going to dive into the details of these features later on in this post.
The aim of Nav Coin is to simplify cryptocurrencies. In my opinion, this (the mainstream-adoption) is one of the most important topics for all cryptocurrencies in general. Nav is directly adressing this issue by providing very easy to use tools (wallet, mobile wallet, etc.).

1.2 Facts & Figures

1.3 Team

The team was recently expanded and consists now of the following people:

1.3.1 Core developer contributors

More infos and links to linked in about the team is on the first page of the NAV website (just scroll down a bit).

1.3.2 Core content contributors

1.3.3 Community developers

Since NAV is open source and the core team is encouraging the community to contribute to NAV, there are many more people working on NAV like sakdeniz who is creating a second desktop wallet or slothmike who is working on a reddit tipbot.

1.3.4 Weekly updates

The core team is releasing weekly updates about the ongoing projects on their website so that anyone interested can see the current status of the roadmap items.

1.4 Features

1.4.1 Optional Private Payments

With Nav Coin you have the ability to send private payments. The privacy is optional so you can choose to send non-private or private payments. Nav Coin uses a different approach to achieving privacy than other coins. Nav uses the so called NavTech. NavTech is a dual blockchain system. Essentially, the transaction information is encrypted, split in smaller transactions and sent through a second blockchain, which completely breaks any links between the sending and the receiving address. If you're interested in this technology, you can find the whitepaper on the official NAV website.
At the moment, private payments are processed by trusted servers. Everyone can operate a server themselves or can use the existing ones. The team is working on NavTech 2.0 'Rimu' which will make these servers obsolete, since every wallet will act as a private payment processor which will further push the decentralization.

1.4.2 Proof of Stake

Nav Coin uses the consensus model Proof of Stake which lets holders of Nav Coins earn a reward of 5% in interest of the coin they stake. Staking coins is very simple, you just have to have the wallet open and running.
5% rewards also mean, that there is an inflation of maximum 5% per year. But it is actually lower (at around 2-3%) since not all coins are staking. So if you are staking, you will earn more than the yearly inflation.
Here is a very detailed article about how Nav Coins Proof of Stake works.

1.4.3 Fast transaction times

Nav Coin has a really fast block speed. Transactions are confirmed as spendable withing only 30 seconds which makes it ideal for retail and e-commerce which in my opinion is one of the main points in real-life adoption. There was a video posted recently on the official twitter account which shows how NAV was used to purchase groceries in a store in Rome... That's real-life adoption!

1.4.4 NavPi

Like mentioned above, Nav Coin uses a Proof of Stake consensus model. Most of us have read about the immense energy consumption of Bitcoins Proof of Work model. In my opinion, this is not feasible for the future. With the PoS model of Nav Coin, you can stake your coins on a Raspberry Pi which uses only about 18kWh of power annually if run 24/7! This is much more environment friendly!
Nav Coin even sells their own preconfigured and ready to use NavPi Stakeboxes. Since they're out of stock very fast every time, you can create your own NavPi by following the step-by-step tutorial of the community member navtechservers

1.4.5 Community Fund

Since Nav Coin did not have an ICO or premine, they're fully self financed at the moment. The community has voted for a community fund which will propel the development and marketing of NAV greatly.
When the community fund is implemented, the PoS reward will be reduced from 5% to 4% per year. Each block will generate 0.25 Nav which will be allocated for the community fund (about 21'600 Nav per month).
Both the Nav Coin Core team and the community will be able to propose projects and budgets which the community (the stakers) will vote for. The payouts happen when everyone votes that the work is completed. The aim of this is to fund the development and ongoing success of NAV. You can read more about it here.

1.4.6 NavPay

NavPay is NAVs mobile wallet. It's one of the first mobile wallets that allows private payments. There are already real world merchants accepting Nav thanks to the NavPay app like Pasticceria Piemontese in rome and you can even pay for a cardiologic examination using Nav.
NavPay has a very simple and beautiful user interface. Download it for this giveaway and take a look yourself!

1.4.7 NavChange

Using a combination of lightning network transactions and exchange integrations, NavChange will be a Valence-powered application which facilitates instant exchange between NAV and other currencies
NavChange is a feature which is planned to be launched in 2018.
Here is an example of how it is possible to send Bitcoin anonymously with Nav Coins NavChange.
For the traders: Polymorph will greatly increase the volume for Nav.

1.4.8 Valence Plattform (Anonymous Distributed Apps)

At the moment, Nav Coin is "just" a currency. But this is going to change in 2018. The team is in the latest phase of finishing the whitepaper of the Valence Platform which will enable the development of Anonymous Distributed Apps Platform (aDapps) (think of Ethereum's smart contracts, but with privacy!). Valence is a platform that gives developers and businesses a new set of tools to help them realize their ideas on the blockchain. The whitepaper is probably coming in the next 1-2 weeks!

Final thoughts

There are some people who will say that NAV tries to do too many things. I don't agree with these guys. I think this is the main point that speaks for NAV. NANO might be faster, XMR might have better privacy, ETH might have a more accepted dApps platform... but who combines all of these features in one project?
NAV is a jack of all trades.
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ICON, the largest public blockchain network of South Korea, has recently announced its new consensus algorithm. On the 8th of April 2020, ICON revealed the Loop Fault Tolerance 2.0, or LFT 2.0 ... The Bitcoin Gold (BTG) network suffered from 51% attacks on January 23-24, as roughly 29 blocks were removed in two deep blockchain reorganizations (reorg). Qtum has proposed a new consensus algorithm, called SCAR, that could massively reduce transaction times. It would additionally lighten demands on the blockchain’s underlying network. BSC can achieve rapid block times due to its Proof-of-Stake consensus algorithm, which utilizes an innovative process known as Proof of Staked Authority (PoSA), enabling participants to stake Binance Coin (BNB) to become validators. Participants who propose a valid block earn transaction fees from transactions included in that block. However, unlike many blockchain protocols, no subsidy is ... There are problems that the existing blockchain experience due to a high number of nodes which ultimately affect the consensus. That is contrary to the spirit of large-scale collaboration among individuals and organizations. However, Seele plans to overcome this problem with a proposed neural consensus algorithm that has exceptional scalability. Bitcoin forks (Gold and Cash), Ethereum Classic and Litecoin form a single cluster whereas other potential groups around the following effects: “Binance effect”: Tezos and Dogecoin, two assets not listed on Binance, each form a single child cluster. Potential geographical effects such as a dichotomy between American and Asian cryptoassets. Bitcoin uses a consensus algorithm known as proof of work (PoW). Ethereum currently uses PoW, but near the end of 2018 ethereum will move to a proof of stake (PoS) algorithm known as Casper. This will initially be rolled out as a PoW and PoS hybrid where every 100th block is validated by PoS. Understanding ERC-20 Tokens. ERC-20 is a set standard for tokens that are created on the Ethereum ... Binance has finally launched its decentralized cryptocurrency exchange (DEX) powered by its own blockchain – but it's only available on a testnet for now. “Binance Effect”: digital assets listed on Binance often have higher correlations among themselves; conversely, assets not listed on Binance may have lower correlations. Consensus Mechanisms: a cryptoasset’s consensus mechanism could have an impact on its correlation with the returns of other cryptoassets (i.e., returns of PoW coins exhibited higher correlations amongst themselves than ... Max Supply Circulating Supply Issue Date Issue Price Consensus Protocol Explorer; 249,471,071: 249,368,300: 2018-02-18: $0.167000

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Bitcoin $6,100! Facebook Coin! Consensus! Binance Hack! What's Going On In Today's Markets?

Binance Trading Tips: The Stochastic RSI Indicator. Day Trading. Advanced Binance Trading. How to Trade on Binance DISCLAIMER *I am not a financial adviser, professional investor or technical ... Binance considered rolling back the Bitcoin chain in order to recover stolen funds. How would that have happened? How likely is it that such a recovery method would be executed in the future? The BNB token will be the native token and will probably be enabled to be staked on the new chain, which suggest the Binance Smart Chain will work with a Proof-of-Stake consensus algorithm. A review of the Ripple Protocol Consensus Algorithm Narrated by The Cryptocurrency Portal on Friday July 12th, 2019 If you like this video, you can learn mor... In this video we will be daytrading the margin pairs on binance. Hit the like and smash the notification bell for the youtube algorithm. Bitcoin trading and ... Binance Bot Tutorial, Trading Bitcoin, Ethereum and other Cryptocurrencies on the Binance Exchange. Learn How To build an algorithmic cryptocurrency trading bot with Python - The algorithm is set to increase amount of bitcoins and at the first sign of danger it always tries to sell as many altcoins as possible. Our algorithm trades very carefully and all risks are ... 🔥 Bitcoin $6,100! Facebook Coin! Consensus! Binance Hack! What's Going On In Today's Markets? Ready Set Crypto. Loading... Unsubscribe from Ready Set Crypto? Cancel Unsubscribe. Working ... the Proof of Work consensus algorithm requires a great deal of computing power in order to mine blocks. This video goes over the cost of mining Bitcoin and how you can calculate how much bitcoin ... “Crypto is Coming Whether We Like it or Not”, says former US Congressman Tom Garrett. Consensus 2019 brings many great updates for the crypto space, recently...

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