Litecoin und Vertcoin - Was braut sich da zusammen?

Devcoin: ethically inspired cryptocurrency

A community based around the Devcoin cryptocurrency, an ethically inspired project created to help fund FOSS developers, artists, musicians, writers and more.
[link]

Long live decentralized bitcoin(!) A reading list

Newbs might not know this, but bitcoin recently came out of an intense internal drama. Between July 2015 and August 2017 bitcoin was attacked by external forces who were hoping to destroy the very properties that made bitcoin valuable in the first place. This culminated in the creation of segwit and the UASF (user activated soft fork) movement. The UASF was successful, segwit was added to bitcoin and with that the anti-decentralization side left bitcoin altogether and created their own altcoin called bcash. Bitcoin's price was $2500, soon after segwit was activated the price doubled to $5000 and continued rising until a top of $20000 before correcting to where we are today.
During this drama, I took time away from writing open source code to help educate and argue on reddit, twitter and other social media. I came up with a reading list for quickly copypasting things. It may be interesting today for newbs or anyone who wants a history lesson on what exactly happened during those two years when bitcoin's very existence as a decentralized low-trust currency was questioned. Now the fight has essentially been won, I try not to comment on reddit that much anymore. There's nothing left to do except wait for Lightning and similar tech to become mature (or better yet, help code it and test it)
In this thread you can learn about block sizes, latency, decentralization, segwit, ASICBOOST, lightning network and all the other issues that were debated endlessly for over two years. So when someone tries to get you to invest in bcash, remind them of the time they supported Bitcoin Unlimited.
For more threads like this see UASF

Summary / The fundamental tradeoff

A trip to the moon requires a rocket with multiple stages by gmaxwell (must read) https://www.reddit.com/Bitcoin/comments/438hx0/a_trip_to_the_moon_requires_a_rocket_with/
Bram Cohen, creator of bittorrent, argues against a hard fork to a larger block size https://medium.com/@bramcohen/bitcoin-s-ironic-crisis-32226a85e39f#.558vetum4
gmaxwell's summary of the debate https://bitcointalk.org/index.php?topic=1343716.msg13701818#msg13701818
Core devs please explain your vision (see luke's post which also argues that blocks are already too big) https://www.reddit.com/Bitcoin/comments/61yvvv/request_to_core_devs_please_explain_your_vision/
Mod of btc speaking against a hard fork https://www.reddit.com/btc/comments/57hd14/core_reaction_to_viabtc_this_week/d8scokm/
It's becoming clear to me that a lot of people don't understand how fragile bitcoin is https://www.reddit.com/Bitcoin/comments/59kflj/its_becoming_clear_to_me_that_a_lot_of_people/
Blockchain space must be costly, it can never be free https://www.reddit.com/Bitcoin/comments/4og24h/i_just_attended_the_distributed_trade_conference/
Charlie Lee with a nice analogy about the fundamental tradeoff https://medium.com/@SatoshiLite/eating-the-bitcoin-cake-fc2b4ebfb85e#.444vr8shw
gmaxwell on the tradeoffs https://bitcointalk.org/index.php?topic=1520693.msg15303746#msg15303746
jratcliff on the layering https://www.reddit.com/btc/comments/59upyh/segwit_the_poison_pill_for_bitcoin/d9bstuw/

Scaling on-chain will destroy bitcoin's decentralization

Peter Todd: How a floating blocksize limit inevitably leads towards centralization [Feb 2013] https://bitcointalk.org/index.php?topic=144895.0 mailing list https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2013-February/002176.html with discussion on reddit in Aug 2015 https://www.reddit.com/Bitcoin/comments/3hnvi8/just_a_little_history_lesson_for_everyone_new_the/
Nick Szabo's blog post on what makes bitcoin so special http://unenumerated.blogspot.com/2017/02/money-blockchains-and-social-scalability.html
There is academic research showing that even small (2MB) increases to the blocksize results in drastic node dropoff counts due to the non-linear increase of RAM needed. http://bravenewcoin.com/assets/Whitepapers/block-size-1.1.1.pdf
Reddit summary of above link. In this table, you can see it estimates a 40% drop immediately in node count with a 2MB upgrade and a 50% over 6 months. At 4mb, it becomes 75% immediately and 80% over 6 months. At 8, it becomes 90% and 95%. https://www.reddit.com/Bitcoin/comments/5qw2wa_future_led_by_bitcoin_unlimited_is_a/dd442pw/
Larger block sizes make centralization pressures worse (mathematical) https://petertodd.org/2016/block-publication-incentives-for-miners
Talk at scalingbitcoin montreal, initial blockchain synchronization puts serious constraints on any increase in the block size https://www.youtube.com/watch?v=TgjrS-BPWDQ&t=2h02m06s with transcript https://scalingbitcoin.org/transcript/montreal2015/block-synchronization-time
Bitcoin's P2P Network: The Soft Underbelly of Bitcoin https://www.youtube.com/watch?v=Y6kibPzbrIc someone's notes: https://gist.github.com/romyilano/5e22394857a39889a1e5 reddit discussion https://www.reddit.com/Bitcoin/comments/4py5df/so_f2pool_antpool_btcc_pool_are_actually_one_pool/
In adversarial environments blockchains dont scale https://scalingbitcoin.org/transcript/hongkong2015/in-adversarial-environments-blockchains-dont-scale
Why miners will not voluntarily individually produce smaller blocks https://scalingbitcoin.org/transcript/hongkong2015/why-miners-will-not-voluntarily-individually-produce-smaller-blocks
Hal Finney: bitcoin's blockchain can only be a settlement layer (mostly interesting because it's hal finney and its in 2010) https://www.reddit.com/Bitcoin/comments/3sb5nj/most_bitcoin_transactions_will_occur_between/
petertodd's 2013 video explaining this https://www.youtube.com/watch?v=cZp7UGgBR0I
luke-jr's summary https://www.reddit.com/Bitcoin/comments/61yvvv/request_to_core_devs_please_explain_your_vision/dficjhj/
Another jratcliff thread https://www.reddit.com/Bitcoin/comments/6lmpll/explaining_why_big_blocks_are_bad/

Full blocks are not a disaster

Blocks must be always full, there must always be a backlog https://medium.com/@bergealex4/bitcoin-is-unstable-without-the-block-size-size-limit-70db07070a54#.kh2vi86lr
Same as above, the mining gap means there must always be a backlog talk: https://www.youtube.com/watch?time_continue=2453&v=iKDC2DpzNbw transcript: https://scalingbitcoin.org/transcript/montreal2015/security-of-diminishing-block-subsidy
Backlogs arent that bad https://www.reddit.com/Bitcoin/comments/49p011/was_the_fee_event_really_so_bad_my_mind_is/
Examples where scarce block space causes people to use precious resources more efficiently https://www.reddit.com/Bitcoin/comments/4kxxvj/i_just_singlehandedly_increased_bitcoin_network/
https://www.reddit.com/Bitcoin/comments/47d4m2/why_does_coinbase_make_2_transactions_pe
https://www.reddit.com/Bitcoin/comments/53wucs/why_arent_blocks_full_yet/d7x19iv
Full blocks are fine https://www.reddit.com/Bitcoin/comments/5uld1a/misconception_full_blocks_mean_bitcoin_is_failing/
High miner fees imply a sustainable future for bitcoin https://www.reddit.com/BitcoinMarkets/comments/680tvf/fundamentals_friday_week_of_friday_april_28_2017/dgwmhl7/
gmaxwell on why full blocks are good https://www.reddit.com/Bitcoin/comments/6b57ca/full_blocks_good_or_bad/dhjxwbz/
The whole idea of the mempool being "filled" is wrong headed. The mempool doesn't "clog" or get stuck, or anything like that. https://www.reddit.com/Bitcoin/comments/7cusnx/to_the_people_still_doubting_that_this_congestion/dpssokf/

Segwit

What is segwit

luke-jr's longer summary https://www.reddit.com/Bitcoin/comments/6033h7/today_is_exactly_4_months_since_the_segwit_voting/df3tgwg/?context=1
Charlie Shrem's on upgrading to segwit https://twitter.com/CharlieShrem/status/842711238853513220
Original segwit talk at scalingbitcoin hong kong + transcript https://youtu.be/zchzn7aPQjI?t=110
https://scalingbitcoin.org/transcript/hongkong2015/segregated-witness-and-its-impact-on-scalability
Segwit is not too complex https://www.reddit.com/btc/comments/57vjin/segwit_is_not_great/d8vos33/
Segwit does not make it possible for miners to steal coins, contrary to what some people say https://www.reddit.com/btc/comments/5e6bt0/concerns_with_segwit_and_anyone_can_spend/daa5jat/?context=1
https://keepingstock.net/segwit-eli5-misinformation-faq-19908ceacf23#.r8hlzaquz
Segwit is required for a useful lightning network It's now known that without a malleability fix useful indefinite channels are not really possible.
https://www.reddit.com/Bitcoin/comments/5tzqtc/gentle_reminder_the_ln_doesnt_require_segwit/ddqgda7/
https://www.reddit.com/Bitcoin/comments/5tzqtc/gentle_reminder_the_ln_doesnt_require_segwit/ddqbukj/
https://www.reddit.com/Bitcoin/comments/5x2oh0/olaoluwa_osuntokun_all_active_lightning_network/deeto14/?context=3
Clearing up SegWit Lies and Myths: https://achow101.com/2016/04/Segwit-FUD-Clearup
Segwit is bigger blocks https://www.reddit.com/Bitcoin/comments/5pb8vs/misinformation_is_working_54_incorrectly_believe/dcpz3en/
Typical usage results in segwit allowing capacity equivalent to 2mb blocks https://www.reddit.com/Bitcoin/comments/69i2md/observe_for_yourself_segwit_allows_2_mb_blocks_in/

Why is segwit being blocked

Jihan Wu (head of largest bitcoin mining group) is blocking segwit because of perceived loss of income https://www.reddit.com/Bitcoin/comments/60mb9e/complete_high_quality_translation_of_jihans/
Witness discount creates aligned incentives https://segwit.org/why-a-discount-factor-of-4-why-not-2-or-8-bbcebe91721e#.h36odthq0 https://medium.com/@SegWit.co/what-is-behind-the-segwit-discount-988f29dc1edf#.sr91dg406
or because he wants his mining enterprise to have control over bitcoin https://www.reddit.com/Bitcoin/comments/6jdyk8/direct_report_of_jihan_wus_real_reason_fo

Segwit is being blocked because it breaks ASICBOOST, a patented optimization used by bitmain ASIC manufacturer

Details and discovery by gmaxwell https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-April/013996.html
Reddit thread with discussion https://www.reddit.com/Bitcoin/comments/63otrp/gregory_maxwell_major_asic_manufacturer_is/
Simplified explaination by jonny1000 https://www.reddit.com/Bitcoin/comments/64qq5g/attempted_explanation_of_the_alleged_asicboost/
http://www.mit.edu/~jlrubin/public/pdfs/Asicboost.pdf
https://medium.com/@jimmysong/examining-bitmains-claims-about-asicboost-1d61118c678d
Evidence https://www.reddit.com/Bitcoin/comments/63yo27/some_circumstantial_evidence_supporting_the_claim/
https://www.reddit.com/Bitcoin/comments/63vn5g/please_dont_stop_us_from_using_asicboost_which/dfxmm75/
https://www.reddit.com/Bitcoin/comments/63soe3/reverse_engineering_an_asic_is_a_significant_task/dfx9nc
Bitmain admits their chips have asicboost but they say they never used it on the network (haha a likely story) https://blog.bitmain.com/en/regarding-recent-allegations-smear-campaigns/
Worth $100m per year to them (also in gmaxwell's original email) https://twitter.com/petertoddbtc/status/849798529929424898
Other calculations show less https://medium.com/@vcorem/the-real-savings-from-asicboost-to-bitmaintech-ff265c2d305b
This also blocks all these other cool updates, not just segwit https://www.reddit.com/Bitcoin/comments/63otrp/gregory_maxwell_major_asic_manufacturer_is/dfw0ej3/
Summary of bad consequences of asicboost https://www.reddit.com/Bitcoin/comments/64qq5g/attempted_explanation_of_the_alleged_asicboost/dg4hyqk/?context=1
Luke's summary of the entire situation https://www.reddit.com/Bitcoin/comments/6ego3s/why_is_killing_asicboost_not_a_priority/diagkkb/?context=1
Prices goes up because now segwit looks more likely https://twitter.com/TuurDemeestestatus/849846845425799168
Asicboost discovery made the price rise https://twitter.com/TuurDemeestestatus/851520094677200901
A pool was caught red handed doing asicboost, by this time it seemed fairly certain that segwit would get activated so it didnt produce as much interest as earlier https://www.reddit.com/Bitcoin/comments/6p7lr5/1hash_pool_has_mined_2_invalid_blocks/ and https://www.reddit.com/Bitcoin/comments/6p95dl/interesting_1hash_pool_mined_some_invalid_blocks/ and https://twitter.com/petertoddbtc/status/889475196322811904
This btc user is outraged at the entire forum because they support Bitmain and ASICBOOST https://www.reddit.com/btc/comments/67t43y/dragons_den_planned_smear_campaign_of_bitmain/dgtg9l2/
Antbleed, turns out Bitmain can shut down all its ASICs by remote control: http://www.antbleed.com/

What if segwit never activates

What if segwit never activates? https://www.reddit.com/Bitcoin/comments/6ab8js/transaction_fees_are_now_making_btc_like_the_banks/dhdq3id/ with https://www.reddit.com/Bitcoin/comments/5ksu3o/blinded_bearer_certificates/ and https://www.reddit.com/Bitcoin/comments/4xy0fm/scaling_quickly/

Lightning

bitcoinmagazine's series on what lightning is and how it works https://bitcoinmagazine.com/articles/understanding-the-lightning-network-part-building-a-bidirectional-payment-channel-1464710791/ https://bitcoinmagazine.com/articles/understanding-the-lightning-network-part-creating-the-network-1465326903/ https://bitcoinmagazine.com/articles/understanding-the-lightning-network-part-completing-the-puzzle-and-closing-the-channel-1466178980/
The Lightning Network ELIDHDICACS (Explain Like I Don’t Have Degrees in Cryptography and Computer Science) https://letstalkbitcoin.com/blog/post/the-lightning-network-elidhdicacs
Ligtning will increases fees for miners, not lower them https://medium.com/lightning-resources/the-lightning-paradox-f15ce0e8e374#.erfgunumh
Cost-benefit analysis of lightning from the point of view of miners https://medium.com/@rusty_lightning/miners-and-bitcoin-lightning-a133cd550310#.x42rovlg8
Routing blog post by rusty https://medium.com/@rusty_lightning/routing-dijkstra-bellman-ford-and-bfg-7715840f004 and reddit comments https://www.reddit.com/Bitcoin/comments/4lzkz1/rusty_russell_on_lightning_routing_routing/
Lightning protocol rfc https://github.com/lightningnetwork/lightning-rfc
Blog post with screenshots of ln being used on testnet https://medium.com/@btc_coach/lightning-network-in-action-b18a035c955d video https://www.youtube.com/watch?v=mxGiMu4V7ns
Video of sending and receiving ln on testnet https://twitter.com/alexbosworth/status/844030573131706368
Lightning tradeoffs http://www.coindesk.com/lightning-technical-challenges-bitcoin-scalability/
Beer sold for testnet lightning https://www.reddit.com/Bitcoin/comments/62uw23/lightning_network_is_working_room77_is_accepting/ and https://twitter.com/MrHodl/status/848265171269283845
Lightning will result in far fewer coins being stored on third parties because it supports instant transactions https://medium.com/@thecryptoconomy/the-barely-discussed-incredible-benefit-of-the-lightning-network-4ce82c75eb58
jgarzik argues strongly against LN, he owns a coin tracking startup https://twitter.com/petertoddbtc/status/860826532650123264 https://twitter.com/Beautyon_/status/886128801926795264
luke's great debunking / answer of some misinformation questions https://www.reddit.com/Bitcoin/comments/6st4eq/questions_about_lightning_network/dlfap0u/
Lightning centralization doesnt happen https://www.reddit.com/Bitcoin/comments/6vzau5/reminder_bitcoins_key_strength_is_in_being/dm4ou3v/?context=1
roasbeef on hubs and charging fees https://twitter.com/roasbeef/status/930209165728825344 and https://twitter.com/roasbeef/status/930210145790976000

Immutability / Being a swiss bank in your pocket / Why doing a hard fork (especially without consensus) is damaging

A downside of hard forks is damaging bitcoin's immutability https://www.reddit.com/Bitcoin/comments/5em6vu/what_happens_if_segwit_doesnt_activate/dae1r6c/?context=3
Interesting analysis of miners incentives and how failure is possible, don't trust the miners for long term https://www.reddit.com/Bitcoin/comments/5gtew4/why_an_increased_block_size_increases_the_cost_of/daybazj/?context=2
waxwing on the meaning of cash and settlement https://www.reddit.com/Bitcoin/comments/5ei7m3/unconfirmed_transactions_60k_total_fees_14btc/dad001v/
maaku on the cash question https://www.reddit.com/Bitcoin/comments/5i5iq5/we_are_spoiled/db5luiv/?context=1
Digital gold funamentalists gain nothing from supporting a hard fork to larger block sizes https://www.reddit.com/Bitcoin/comments/5xzunq/core_please_compromise_before_we_end_up_with_bu/dem73xg/?context=1
Those asking for a compromise don't understand the underlying political forces https://www.reddit.com/Bitcoin/comments/6ef7wb/some_comments_on_the_bip148_uasf_from_the/dia236b/?context=3
Nobody wants a contentious hard fork actually, anti-core people got emotionally manipulated https://www.reddit.com/Bitcoin/comments/5sq5ocontentious_forks_vs_incremental_progress/ddip57o/
The hard work of the core developers has kept bitcoin scalable https://www.reddit.com/Bitcoin/comments/3hfgpo/an_initiative_to_bring_advanced_privacy_features/cu7mhw8?context=9
Recent PRs to improve bitcoin scaleability ignored by the debate https://twitter.com/jfnewbery/status/883001356168167425
gmaxwell against hard forks since 2013 https://bitcointalk.org/index.php?topic=140233.20
maaku: hard forks are really bad https://www.reddit.com/Bitcoin/comments/5zxjza/adam_greg_core_devs_and_big_blockers_now_is_the/df275yk/?context=2

Some metrics on what the market thinks of decentralization and hostile hard forks

The price history shows that the exchange rate drops every time a hard fork threatens: https://i.imgur.com/EVPYLR8.jpg
and this example from 2017 https://twitter.com/WhalePanda/status/845562763820912642
http://imgur.com/a/DuHAn btc users lose money
price supporting theymos' moderation https://i.imgur.com/0jZdF9h.png
old version https://i.imgur.com/BFTxTJl.png
older version https://pbs.twimg.com/media/CxqtUakUQAEmC0d.jpg
about 50% of nodes updated to the soft fork node quite quickly https://imgur.com/O0xboVI

Bitcoin Unlimited / Emergent Consensus is badly designed, changes the game theory of bitcoin

Bitcoin Unlimited was a proposed hard fork client, it was made with the intention to stop segwit from activating
A Future Led by Bitcoin Unlimited is a Centralized Future https://blog.sia.tech/a-future-led-by-bitcoin-unlimited-is-a-centralized-future-e48ab52c817a#.p1ly6hldk
Flexible transactions are bugged https://www.reddit.com/Bitcoin/comments/57tf5g/bitcoindev_bluematt_on_flexible_transactions/
Bugged BU software mines an invalid block, wasting 13 bitcoins or $12k
https://www.reddit.com/Bitcoin/comments/5qwtr2/bitcoincom_loses_132btc_trying_to_fork_the/
https://www.reddit.com/btc/comments/5qx18i/bitcoincom_loses_132btc_trying_to_fork_the/
bitcoin.com employees are moderators of btc https://medium.com/@WhalePanda/the-curious-relation-between-bitcoin-com-anti-segwit-propaganda-26c877249976#.vl02566k4
miners don't control stuff like the block size http://hackingdistributed.com/2016/01/03/time-for-bitcoin-user-voice/
even gavin agreed that economic majority controls things https://www.reddit.com/Bitcoin/comments/5ywoi9/in_2010_gavin_predicted_that_exchanges_ie_the/
fork clients are trying to steal bitcoin's brand and network effect, theyre no different from altcoins https://medium.com/@Coinosphere/why-bitcoin-unlimited-should-be-correctly-classified-as-an-attempted-robbery-of-bitcoin-not-a-9355d075763c#.qeaynlx5m
BU being active makes it easier to reverse payments, increases wasted work making the network less secure and giving an advantage to bigger miners https://www.reddit.com/Bitcoin/comments/5g1x84/bitcoin_unlimited_bu_median_value_of_miner_eb/
bitcoin unlimited takes power away from users and gives it to miners https://medium.com/@alpalpalp/bitcoin-unlimiteds-placebo-controls-6320cbc137d4#.q0dv15gd5
bitcoin unlimited's accepted depth https://twitter.com/tdryja/status/804770009272696832
BU's lying propaganda poster https://imgur.com/osrViDE

BU is bugged, poorly-reviewed and crashes

bitcoin unlimited allegedly funded by kraken stolen coins
https://www.reddit.com/btc/comments/55ajuh/taint_analysis_on_bitcoin_stolen_from_kraken_on/
https://www.reddit.com/btc/comments/559miz/taint_analysis_on_btc_allegedly_stolen_from_kraken/
Other funding stuff
https://www.reddit.com/Bitcoin/comments/5zozmn/damning_evidence_on_how_bitcoin_unlimited_pays/
A serious bug in BU https://www.reddit.com/Bitcoin/comments/5h70s3/bitcoin_unlimited_bu_the_developers_have_realized/
A summary of what's wrong with BU: https://www.reddit.com/Bitcoin/comments/5z3wg2/jihanwu_we_will_switch_the_entire_pool_to/devak98/

Bitcoin Unlimited Remote Exploit Crash 14/3/2017

https://www.reddit.com/Bitcoin/comments/5zdkv3/bitcoin_unlimited_remote_exploit_crash/ https://www.reddit.com/Bitcoin/comments/5zeb76/timbe https://www.reddit.com/btc/comments/5zdrru/peter_todd_bu_remote_crash_dos_wtf_bug_assert0_in/
BU devs calling it as disaster https://twitter.com/SooMartindale/status/841758265188966401 also btc deleted a thread about the exploit https://i.imgur.com/lVvFRqN.png
Summary of incident https://www.reddit.com/Bitcoin/comments/5zf97j/i_was_undecided_now_im_not/
More than 20 exchanges will list BTU as an altcoin
https://www.reddit.com/Bitcoin/comments/5zyg6g/bitcoin_exchanges_unveil_emergency_hard_fork/
Again a few days later https://www.reddit.com/Bitcoin/comments/60qmkt/bu_is_taking_another_shit_timberrrrr

User Activated Soft Fork (UASF)

site for it, including list of businesses supporting it http://www.uasf.co/
luke's view
https://www.reddit.com/Bitcoin/comments/5zsk45/i_am_shaolinfry_author_of_the_recent_usedf1dqen/?context=3
threat of UASF makes the miner fall into line in litecoin
https://www.reddit.com/litecoin/comments/66omhlitecoin_global_roundtable_resolution/dgk2thk/?context=3
UASF delivers the goods for vertcoin
https://www.reddit.com/Bitcoin/comments/692mi3/in_test_case_uasf_results_in_miner_consensus/dh3cm34/?context=1
UASF coin is more valuable https://www.reddit.com/Bitcoin/comments/6cgv44/a_uasf_chain_will_be_profoundly_more_valuable/
All the links together in one place https://www.reddit.com/Bitcoin/comments/6dzpew/hi_its_mkwia_again_maintainer_of_uasfbitcoin_on/
p2sh was a uasf https://github.com/bitcoin/bitcoin/blob/v0.6.0/src/main.cpp#L1281-L1283
jgarzik annoyed at the strict timeline that segwit2x has to follow because of bip148 https://twitter.com/jgarzik/status/886605836902162432
Committed intolerant minority https://www.reddit.com/Bitcoin/comments/6d7dyt/a_plea_for_rational_intolerance_extremism_and/
alp on the game theory of the intolerant minority https://medium.com/@alpalpalp/user-activated-soft-forks-and-the-intolerant-minority-a54e57869f57
The risk of UASF is less than the cost of doing nothing https://www.reddit.com/Bitcoin/comments/6bof7a/were_getting_to_the_point_where_a_the_cost_of_not/
uasf delivered the goods for bitcoin, it forced antpool and others to signal (May 2016) https://bitcoinmagazine.com/articles/antpool-will-not-run-segwit-without-block-size-increase-hard-fork-1464028753/ "When asked specifically whether Antpool would run SegWit code without a hard fork increase in the block size also included in a release of Bitcoin Core, Wu responded: “No. It is acceptable that the hard fork code is not activated, but it needs to be included in a ‘release’ of Bitcoin Core. I have made it clear about the definition of ‘release,’ which is not ‘public.’”"
Screenshot of peter rizun capitulating https://twitter.com/chris_belcher_/status/905231603991007232

Fighting off 2x HF

https://twitter.com/MrHodl/status/895089909723049984
https://www.reddit.com/Bitcoin/comments/6h612o/can_someone_explain_to_me_why_core_wont_endorse/?st=j6ic5n17&sh=cc37ee23
https://www.reddit.com/Bitcoin/comments/6smezz/segwit2x_hard_fork_is_completely_useless_its_a/?st=j6ic2aw3&sh=371418dd
https://www.reddit.com/Bitcoin/comments/6sbspv/who_exactly_is_segwit2x_catering_for_now_segwit/?st=j6ic5nic&sh=1f86cadd
https://medium.com/@elliotolds/lesser-known-reasons-to-keep-blocks-small-in-the-words-of-bitcoin-core-developers-44861968185e
b2x is most of all about firing core https://twitter.com/WhalePanda/status/912664487135760384
https://medium.com/@StopAndDecrypt/thats-not-bitcoin-this-is-bitcoin-95f05a6fd6c2

Misinformation / sockpuppets

https://www.reddit.com/Bitcoin/comments/6uqz6k/markets_update_bitcoin_cash_rallies_for_three/dlurbpx/
three year old account, only started posting today https://archive.is/3STjH
Why we should not hard fork after the UASF worked: https://www.reddit.com/Bitcoin/comments/6sl1qf/heres_why_we_should_not_hard_fork_in_a_few_months/

History

Good article that covers virtually all the important history https://bitcoinmagazine.com/articles/long-road-segwit-how-bitcoins-biggest-protocol-upgrade-became-reality/
Interesting post with some history pre-2015 https://btcmanager.com/the-long-history-of-the-fight-over-scaling-bitcoin/
The core scalabality roadmap + my summary from 3/2017 https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-Decembe011865.html my summary https://www.reddit.com/Bitcoin/comments/5xa5fa/the_core_development_scalability_roadmap/
History from summer 2015 https://www.reddit.com/Bitcoin/comments/5xg7f8/the_origins_of_the_blocksize_debate/
Brief reminders of the ETC situation https://www.reddit.com/Bitcoin/comments/6nvlgo/simple_breakdown_of_bip91_its_simply_the_miners/dkcycrz/
Longer writeup of ethereum's TheDAO bailout fraud https://www.reddit.com/ethereumfraud/comments/6bgvqv/faq_what_exactly_is_the_fraud_in_ethereum/
Point that the bigblocker side is only blocking segwit as a hostage https://www.reddit.com/BitcoinMarkets/comments/5sqhcq/daily_discussion_wednesday_february_08_2017/ddi3ctv/?context=3
jonny1000's recall of the history of bitcoin https://www.reddit.com/Bitcoin/comments/6s34gg/rbtc_spreading_misinformation_in_rbitcoinmarkets/dl9wkfx/

Misc (mostly memes)

libbitcoin's Understanding Bitcoin series (another must read, most of it) https://github.com/libbitcoin/libbitcoin/wiki/Understanding-Bitcoin
github commit where satoshi added the block size limit https://www.reddit.com/Bitcoin/comments/63859l/github_commit_where_satoshi_added_the_block_size/
hard fork proposals from some core devs https://bitcoinhardforkresearch.github.io/
blockstream hasnt taken over the entire bitcoin core project https://www.reddit.com/Bitcoin/comments/622bjp/bitcoin_core_blockstream/
blockstream is one of the good guys https://www.reddit.com/Bitcoin/comments/6cttkh/its_happening_blockstream_opens_liquid_sidechain/dhxu4e
Forkers, we're not raising a single byte! Song lyrics by belcher https://gist.github.com/chris-belche7264cd6750a86f8b4a9a
Some stuff here along with that cool photoshopped poster https://medium.com/@jimmysong/bitcoin-realism-or-how-i-learned-to-stop-worrying-and-love-1mb-blocks-c191c35e74cb
Nice graphic https://twitter.com/RNR_0/status/871070843698380800
gmaxwell saying how he is probably responsible for the most privacy tech in bitcoin, while mike hearn screwed up privacy https://www.reddit.com/btc/comments/6azyme/hey_bu_wheres_your_testnet/dhiq3xo/?context=6
Fairly cool propaganda poster https://twitter.com/urbanarson/status/880476631583924225
btc tankman https://i.redd.it/gxjqenzpr27z.png https://twitter.com/DanDarkPill/status/853653168151986177
asicboost discovery meme https://twitter.com/allenscottoshi/status/849888189124947971
https://twitter.com/urbanarson/status/882020516521013250
gavin wanted to kill the bitcoin chain https://twitter.com/allenscottoshi/status/849888189124947971
stuff that btc believes https://www.reddit.com/Bitcoin/comments/6ld4a5/serious_is_the_rbtc_and_the_bu_crowd_a_joke_how/djszsqu/
after segwit2x NYA got agreed all the fee pressure disappeared, laurenmt found they were artificial spam https://twitter.com/i/moments/885827802775396352
theymos saying why victory isnt inevitable https://www.reddit.com/Bitcoin/comments/6lmpll/explaining_why_big_blocks_are_bad/djvxv2o/
with ignorant enemies like these its no wonder we won https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-999 ""So, once segwit2x activates, from that moment on it will require a coordinated fork to avoid the up coming "baked in" HF. ""
a positive effect of bcash, it made blockchain utxo spammers move away from bitcoin https://www.reddit.com/btc/comments/76lv0b/cryptograffitiinfo_now_accepts_bitcoin_cash/dof38gw/
summary of craig wright, jihan wu and roger ver's positions https://medium.com/@HjalmarPeters/the-big-blockers-bead6027deb2
Why is bitcoin so strong against attack?!?! (because we're motivated and awesome) https://www.reddit.com/btc/comments/64wo1h/bitcoin_unlimited_is_being_blocked_by_antivirus/dg5n00x/
what happened to #oldjeffgarzik https://www.reddit.com/Bitcoin/comments/6ufv5x/a_reminder_of_some_of_jeff_garziks_greatest/
big blockers fully deserve to lose every last bitcoin they ever had and more https://www.reddit.com/BitcoinMarkets/comments/756nxf/daily_discussion_monday_october_09_2017/do5ihqi/
gavinandresen brainstorming how to kill bitcoin with a 51% in a nasty way https://twitter.com/btcdrak/status/843914877542567937
Roger Ver as bitcoin Judas https://imgur.com/a/Rf1Pi
A bunch of tweets and memes celebrating UASF
https://twitter.com/shaolinfry/status/842457019286188032 | https://twitter.com/SatoshiLite/status/888335092560441345 | https://twitter.com/btcArtGallery/status/887485162925285377 | https://twitter.com/Beautyon_/status/888109901611802624 | https://twitter.com/Excellion/status/889211512966873088 | https://twitter.com/lopp/status/888200452197801984 | https://twitter.com/AlpacaSW/status/886988980524396544 | https://twitter.com/BashCo_/status/877253729531162624 | https://twitter.com/tdryja/status/865212300361379840 | https://twitter.com/Excellion/status/871179040157179904 | https://twitter.com/TraceMayestatus/849856343074902016 | https://twitter.com/TraceMayestatus/841855022640033792 | https://fs.bitcoinmagazine.com/img/images/Screen_Shot_2017-08-18_at_01.36.47.original.png
submitted by belcher_ to Bitcoin [link] [comments]

Future Looking Bright For Litecoin!

To start with - Here's the Litecoin Roadmap
Litecoin was created as Open Source
with No Premine
Lightning is coming - so are LApps for it.
The 'Litening' Network as some call it.
MAST 1, 2, Smart Crypto-Vault, Covenants, RootStock, Schnorr Signatures, and Confidential Transactions/Quantum Resistance
Litecoin.Network - will track information regarding the Litecoin network, making it easily accessible and viewable in one place.
Atmoic swaps with - Viacoin (Just activated Segwit 8/3/17) - Particl - Vertcoin - Bitcoin so far.
First video of someone using a Litecoin ATM released May 13, 17 - video here when there was only 14 Litecoin ATMs at the time, now there are over 229. (It's hasn't even been 3 months!)
Companies are slowly starting to switch to Litecoin: 1, 2, 3
Just thought this deserved it's own post. Feel free to leave suggestions. I'll update as we continue to grow!
Edit: There's a lot of Lightning Network Questions so here's some more links.
Lightning Network FAQs
Lightning Resources
Lightning Network GitHub
ACINQ - eclair GitHub
"We ran eclair on Litecoin (testnet) and it worked!"
Video of eclair on Litecoin here.
Also, in case you didn't know: Atomic Cross-Chain Transactions needed the malleability fix SegWit provided and doesn't need LN (Lightning Network), but, instant atomic needs LN.
Charlie's Vision For SegWit And Lightning Networks On Litecoin And Bitcoin - here.
submitted by 1JoeLite1 to litecoin [link] [comments]

Result from going through 100's of cryptocurrency projects on bitcointalk.org.

I will be the first person to tell you that I am not an "expert" and this is not financial advise. What I am sharing with you is some information based on my experience in the cryptocurrency world. It should be taken with an open, yet skeptical mind (As with anything you read). There will be somethings included that might not be relevant to what you are looking for or desire. I will not go into a lot of details on things you may not need to know.
My goal is to educate people and to share my knowledge. Not every project I picked has made it big. But, they are still around and kicking. I am never really in a rush to give my money to someone else- in hope for profits. I take my time, and I research. However, in the past several days, I had a very full plate. With so many projects, I had to come up with a system to filter through them at a reasonable speed. If you are investing in one project, it is worth spending A LOT of time researching it. You want to be confident that when you hand your money over to that project, that it is in the best hands for a LONG period of time.
If not, you will NOT be at ease in the long term.
My approach:
With over over 10,000 cryptocurrency projects listed on bitcointalk.org, I needed to come up with a plan on how to get through them in a timely manner. First, I came up with some parameters. Which means I had an idea on what I was looking for. It's similar to looking for a girl you think you want. You want to find one that fit your taste. Maybe she is 5'5, 130 lbs, blonde hair, green eyes, big titties, nice ass, out-going personality, had 0 kids, never married, wants kids, and has a great relationship with her parents. The particulars details matter when choosing a long term partner.
Well, let's say you needed to pick your ideal girl out of 10,000"girls" in one venue in a matter of days. The easiest attribute to start out with is height. You can eyeball a girl who is around 5'5. To be efficient, you wouldn't go up to each girl and measure how tall she is with a tape measure. It would be better to just walk around the room, and pick out which ones that appeared to be that height, and put them to the side to come back to later.
Next would be the hair. Easy to spot a girl with blonde hair. After a while of going around the room full of women, you begin getting really fast at picking the right height and hair color of girl you want. But you still have more attributes that you need to get to.
As with these projects, you have now narrowed down the list, but still have so much to go. The picked projects appealed to you at a glance. A glance doesn't mean thorough.
(The cons of this approach: there will surely be some girls (or projects) that slip through the cracks. Maybe you missed a 5'5 girl because she was bending down to pick something up, or you missed a blond girl because she was wearing a hat. This is bound to happen, and is nearly unavoidable when going through so many projects in a short period of time.
The chosen projects have a at least ONE developer, a working product, etc. Next, you need to research the team and the motivations. Are they really interested in this project or are they just doing it for the money? Is the product REALLY working or is it a clone, or a prototype? These are just a few things that need to be investigated.
There are many people who are after a quick buck. Personally, I don't think there is anything wrong with making money when an opportunity presents itself. If you can easily help someone and make money, that is a win-win. However, as I mention earlier, I am looking for projects that will last for years. So, I do my best to avoid fly by night outfits. And there are plenty.
Once you have narrowed down your list of projects, you will likely have only a handful that appeared to match your criteria. At this point, it is time to dive even deeper into the project. You need to make sure that blonde is REALLY a blonde, and not a wig or colored. Don't just ask her, touch it, pull it; meaning try out the working product. Check it out, it is free. If you don't like, ask if there is

anything that is going to be done to fix it in the future.

My tools:
My best tool is my common sense, and yours too. If something looks TOO good, it probably is. With today's information being at our finger tips, it is EASY to post questions to forums, and channels to have your question addressed. Don't be afraid to call a spade a spade. You may be wrong, or you ay be right. But ask regardless This is your money and you want to sleep easy at night.
My preferences:
In my book, I go in depth about MY preferences when choosing a product to invest in. I mention the pros and cons to everything. It is up to you to decide what is important for you. As I mentioned earlier- you and I are different. You may be looking for short term whereas I am looking for long term. You will develop a preference after spending time looking at the first 30 or so projects. You'll begin noticing red flags immediately; you'll be able to identify the crazy girl in an instant. You know which questions to ask.
Here is a tip: Ask questions about the project in the most popular place where everyone can see. Why? Because you want answers and it is your money. Nothing to be shy or embarrassed about. If people make fun of your question, who cares? And you can ask it in multiple locations, just to make sure YOU understand. And many communities will welcome this and others won't. Who cares?
With all that being said, I will list some of my **preliminary results. I will like to take the opportunity tell you the way they have been graded. When initially picking out the project, I would grade everything across the board. This took up too much time. It would have taken me months that way. Then, I switch to nearly a binary grading scale. Yes or No, If No, don't even add them to my chart. If Yes, was it a Super Yes or a maybe- need more research. Some would get a B, C, or D. I wouldn't even add an 'F' to my list at first. The F's were cause by being added then realizing the project was worthless to me. ("Dude looks like a lady" comes to mind)
**'A' meaning super good.
'F' meaning fuck off**
Then, when going back through the B's, they would be either upgraded or downgraded, likely to an A or D. Same with the C's. At one point, I was putting nearly all qualifying projects as a C, only to come back later and drop it down or raise it up. I was able to get through hundreds of projects this way. There were a couple A's that turned to C's.
All In all, after going through probably over 1000 projects, I actually ended up adding ~150 projects. Out of those 150, most ended up as C's, D's, and F's. I was left with only a handful of TRUE A's. The B's were the toughest. It was either YES or NO for the B's.
In the name of not shilling, I won't list any A's. In the name of rewarding you for taking the time to read this, I will release some of my preliminary results. If you want my thoughts on any particular project, let me know. If you disagree with a grade, please let me know why. Or ask why I gave it that grade. There are filled I intentionally left out, as to not flood this post with too much info.
Coin Name views Replies R to V ratio Clearness of announcement Problem the coin is solving Year of creation Mainstream Competition Crypto Competition different platform Overall Grade (worth keeping an eye on?)
Mintcoin High (1 million +) High not clear D
DubaiCoin Medium Medium not clear C
Ryo Very low Low somewhat clear C
Coin Name
DERO
Internet of People
Dash
Lisk
WAVES
BYTEBALL
SIA
HunterCoin
Pascal Coin
Nexus
Zcoin
Litecoin
SpreadCoin
Groestlcoin
NIMIQ
bitchute
Loki
Webdollar
swingcoin
TAU
Elastos
Blur
Aquachain
IoTeX
NEM
Ethereum
Bitcore- BTX
Vertcoin
verge
CLOAK
DECRED
Ethereum Classic
FACTOM
DubaiCoin
POPULOUS WORLD
Riecoin
AEON
BLOCKNET
GEOCOIN
Horizen
Primecoin
elastic
UBIQ
RavenCoin
stellar
Bitcoin Gold
safex
NIX
Masari
webchain
joulecoin
Zettelkasten
sexeleven coin
Ryo
Project Bitmark
Prototanium
Bela
BLOC
DEFT
ZillionCoin
Binarium
Sale Live
DigitalNote [XDN]
ZeroClassic
NEXO
ICONOMI
Mintcoin
NAV COIN
IOTA
ARK
BitcoinDark
PIVX
ELECTRONEUM
SHIFT
Semux
Anoncoin
Crown
TheHempCoin
YENTEN
ColossusXT
Syscoin
Innova
BitcoinZ
Stellite
Mismuth
Dagger
storj
LitecoinCash
fastcoin
Karbo
SecureCoin
Bitbar
Haven Protocol
campuscoin
Crave
EarthCoin
HyperQuant
whitelist
nuls
Flake Chain
Goldiam
rchain
Mixin Network
Asterioncoin
Deimos
Stratis
Minexcoin
Decent
Zeit
KOMODO
NobleCoin
BitcoinPrivate
guncoin
Nucleon
Waves
Monero
XCurrency
Masari
NEM
DeepOnion ONION
QLC Chain
DeepOnion TOR
Blacknet
ROI Coin
Arionum
WAVI
webchain
SkeinCoin
Crypto- cto
motocoin
Haven
Ethos
CLAMs
geocoin
Decred
cryply (CRP)
AXIOM
htmlcoin
html5coin
soldo
ArabianChain
I have already graded these coins and more. If you don't see your coin, it either didn't make it on initially, or I removed it because more research was needed (it might have received an "A")
submitted by A_solo_tripper to CryptoCurrency [link] [comments]

Decred Journal – September 2018

Note: you can read this on GitHub (link), Medium (link) or old Reddit (link).

Development

Final version 1.3.0 of the core software was released bringing all the enhancements reported last month to the rest of the community. The groundwork for SPV (simplified payment verification) is complete, another reduction of fees is being deployed, and performance stepped up once again with a 50% reduction in startup time, 20% increased sync speed and more than 3x faster peer delivery of block headers (a key update for SPV). Decrediton's integrations of SPV and Politeia are open for testing by experienced users. Read the full release notes and get the downloads on GitHub. As always, don't forget to verify signatures.
dcrd: completed several steps towards multipeer downloads, improved introduction to the software in the main README, continued porting cleanups and refactoring from upstream btcd.
Currently in review are initial release of smart fee estimator and a change to UTXO set semantics. The latter is a large and important change that provides simpler handling, and resolves various issues with the previous approach. A lot of testing and careful review is needed so help is welcome.
Educational series for new Decred developers by @matheusd added two episodes: 02 Simnet Setup shows how to automate simnet management with tmux and 03 Miner Reward Invalidation explains block validity rules.
Finally, a pull request template with a list of checks was added to help guide the contributors to dcrd.
dcrwallet: bugfixes and RPC improvements to support desktop and mobile wallets.
Developers are welcome to comment on this idea to derive stakepool keys from the HD wallet seed. This would eliminate the need to backup and restore redeem scripts, thus greatly improving wallet UX. (missed in July issue)
Decrediton: bugfixes, refactoring to make the sync process more robust, new loading animations, design polishing.
Politeia: multiple improvements to the CLI client (security conscious users with more funds at risk might prefer CLI) and security hardening. A feature to deprecate or timeout proposals was identified as necessary for initial release and the work started. A privacy enhancement to not leak metadata of ticket holders was merged.
Android: update from @collins: "Second test release for dcrandroid is out. Major bugs have been fixed since last test. Latest code from SPV sync has been integrated. Once again, bug reports are welcome and issues can be opened on GitHub". Ask in #dev room for the APK to join testing.
A new security page was added that allows one to validate addresses and to sign/verify messages, similar to Decrediton's Security Center. Work on translations is beginning.
Overall the app is quite stable and accepting more testers. Next milestone is getting the test app on the app store.
iOS: the app started accepting testers last week. @macsleven: "the test version of Decred Wallet for iOS is available, we have a link for installing the app but the builds currently require your UDID. Contact either @macsleven or @raedah with your UDID if you would like to help test.".
Nearest goal is to make the app crash free.
Both mobile apps received new design themes.
dcrdata: v3.0 was released for mainnet! Highlights: charts, "merged debits" view, agendas page, Insight API support, side chain tracking, Go 1.11 support with module builds, numerous backend improvements. Full release notes here. This release featured 9 contributors and development lead @chappjc noted: "This collaboration with @raedahgroup on our own block explorer and web API for @decredproject has been super productive.".
Up next is supporting dynamic page widths site wide and deploying new visual blocks home page.
Trezor: proof of concept implementation for Trezor Model T firmware is in the works (previous work was for Model One).
Ticket splitting: updated to use Go modules and added simnet support, several fixes.
docs: beginner's guide overhaul, multiple fixes and cleanups.
decred.org: added 3rd party wallets, removed inactive PoW pools and removed web wallet.
@Richard-Red is building a curated list of Decred-related GitHub repositories.
Welcome to new people contributing for the first time: @klebe, @s_ben, @victorguedes, and PrimeDominus!
Dev activity stats for September: 219 active PRs, 197 commits, 28.7k added and 18.8k deleted lines spread across 6 repositories. Contributions came from 4-10 developers per repository. (chart)

Network

Hashrate: started and ended the month around 75 PH/s, hitting a low of 60.5 and a new high of 110 PH/s. BeePool is again the leader with their share varying between 23-54%, followed by F2Pool 13-30%, Coinmine 4-6% and Luxor 3-5%. As in previous months, there were multiple spikes of unidentified hashrate.
Staking: 30-day average ticket price is 98 DCR (+2.4). The price varied between 95.7 and 101.9 DCR. Locked DCR amount was 3.86-3.96 million DCR, or 45.7-46.5% of the supply.
Nodes: there are 201 public listening nodes and 325 normal nodes per dcred.eu. Version distribution: 5% are v1.4.0(pre) dev builds (+3%), 30% on v1.3.0 (+25%), 42% on v1.2.0 (-20%), 15% on v1.1.2 (-7%), 6% on v1.1.0. More than 76% of nodes run v1.2.0 and higher and therefore support client filters. Data as of Oct 1.

ASICs

Obelisk posted two updates on their mailing list. 70% of Batch 1 units are shipped, an extensive user guide is available, Obelisk Scanner application was released that allows one to automatically update firmware. First firmware update was released and bumped SC1 hashrate by 10-20%, added new pools and fixed multiple bugs. Next update will focus on DCR1. It is worth a special mention that the firmware source code is now open! Let us hope more manufacturers will follow this example.
A few details about Whatsminer surfaced this month. The manufacturer is MicroBT, also known as Bitwei and commonly misspelled as Bitewei. Pangolinminer is a reseller, and the model name is Whatsminer D1.
Bitmain has finally entered Decred ASIC space with their Antminer DR3. Hash rate is 7.8 TH/s while pulling 1410 W, at the price of $673. These specs mean it has the best GH/W and GH/USD of currently sold miners until the Whatsminer or others come out, although its GH/USD of 11.6 already competes with Whatsminer's 10.5. Discussed on Reddit and bitcointalk, unboxing video here.

Integrations

Meet our 17th voting service provider: decredvoting.com. It is operated by @david, has 2% fee and supports ticket splitting. Reddit thread is here.
For a historical note, the first VSP to support ticket splitting was decredbrasil.com:
@matheusd started tests on testnet several months ago. I contacted him so we could integrate with the pool in June this year. We set up the machine in July and bought the first split ticket on mainnet, using the decredbrasil pool, on July 19. It was voted on July 30. After this first vote on mainnet, we opened the tests to selected users (with more technical background) on the pool. In August we opened the tests to everyone, and would call people who want to join to the #ticket_splitting channel, or to our own Slack (in Portuguese, so mostly Brazilian users). We have 28 split tickets already voted, and 16 are live. So little more than 40 split tickets total were bought on decredbrasil pool. (@girino in #pos-voting)
KuCoin exchange listed DCBTC and DCETH pairs. To celebrate their anniversary they had a 99% trading fees discount on DCR pairs for 2 weeks.
Three more wallets integrated Decred in September:
ChangeNow announced Decred addition to their Android app that allows accountless swaps between 150+ assets.
Coinbase launched informational asset pages for top 50 coins by market cap, including Decred. First the pages started showing in the Coinbase app for a small group of testers, and later the web price dashboard went live.

Adoption

The birth of a Brazilian girl was registered on the Decred blockchain using OriginalMy, a blockchain proof of authenticity services provider. Read the full story in Portuguese and in English.

Marketing

Advertising report for September is ready. Next month the graphics for all the ads will be changing.
Marketing might seem quiet right now, but a ton is actually going on behind the scenes to put the right foundation in place for the future. Discovery data are being analyzed to generate a positioning strategy, as well as a messaging hierarchy that can guide how to talk about Decred. This will all be agreed upon via consensus of the community in the work channels, and materials will be distributed.
Next, work is being done to identify the right PR partner to help with media relations, media training, and coordination at events. While all of this is coming up to speed, we believe the website needs a refresher reflecting the soon to be agreed upon messaging, plus a more intuitive architecture to make it easier to navigate. (@Dustorf)

Events

Attended:
Upcoming:
We'll begin shortly reviewing conferences and events planned for the first half of 2019. Highlights are sure to include The North American Bitcoin Conference in Miami (Jan 16-18) and Consensus in NYC (May 14-16). If you have suggestions of events or conferences Decred should attend, please share them in #event_planning. In 2019, we would like to expand our presence in Europe, Asia, and South America, and we're looking for community members to help identify and staff those events. (@Dustorf)

Media

August issue of Decred Journal was translated to Russian. Many thanks to @DZ!
Rency cryptocurrency ratings published a report on Decred and incorporated a lot of feedback from the community on Reddit.
September issue of Chinese CCID ratings was published (snapshot), Decred is still at the bottom.
Videos:
Featured articles:
Articles:

Community Discussions

Community stats:
Comm systems news: Several work channels were migrated to Matrix, #writers_room is finally bridged.
Highlights:
Twitter: why decentralized governance and funding are necessary for network survival and the power of controlling the narrative; learning about governance more broadly by watching its evolution in cryptocurrency space, importance of community consensus and communications infrastructure.
Reddit: yet another strong pitch by @solar; question about buyer protections; dcrtime internals; a proposal to sponsor hoodies in the University of Cape Town; Lightning Network support for altcoins.
Chats: skills to operate a stakepool; voting details: 2 of 3 votes can approve a block, what votes really approve are regular tx, etc; scriptless script atomic swaps using Schnorr adaptor signatures; dev dashboard, choosing work, people do best when working on what interests them most; opportunities for governments and enterprise for anchoring legal data to blockchain; terminology: DAO vs DAE; human-friendly payments, sharing xpub vs payment protocols; funding btcsuite development; Politeia vote types: approval vote, sentiment vote and a defund vote, also linking proposals and financial statements; algo trading and programming languages (yes, on #trading!); alternative implementation, C/C++/Go/Rust; HFTs, algo trading, fake volume and slippage; offline wallets, usb/write-only media/optical scanners vs auditing traffic between dcrd and dcrwallet; Proof of Activity did not inspire Decred but spurred Decred to get moving, Wikipedia page hurdles; how stakeholders could veto blocks; how many votes are needed to approve a proposal; why Decrediton uses Electron; CVE-2018-17144 and over-dependence on single Bitcoin implementation, btcsuite, fuzz testing; tracking proposal progress after voting and funding; why the wallet does not store the seed at all; power connectors, electricity, wiring and fire safety; reasonable spendings from project fund; ways to measure sync progress better than block height; using Politeia without email address; concurrency in Go, locks vs channels.
#support is not often mentioned, but it must be noted that every day on this channel people get high quality support. (@bee: To my surprise, even those poor souls running Windows 10. My greatest respect to the support team!)

Markets

In September DCR was trading in the range of USD 34-45 / BTC 0.0054-0.0063. On Sep 6, DCR revisited the bottom of USD 34 / BTC 0.0054 when BTC quickly dropped from USD 7,300 to 6,400. On Sep 14, a small price rise coincided with both the start of KuCoin trading and hashrate spike to 104 PH/s. Looking at coinmarketcap charts, the trading volume is a bit lower than in July and August.
As of Oct 4, Decred is #18 by the number of daily transactions with 3,200 tx, and #9 by the USD value of daily issuance with $230k. (source: onchainfx)
Interesting observation by @ImacallyouJawdy: while we sit at 2018 price lows the amount locked in tickets is testing 2018 high.

Relevant External

ASIC for Lyra2REv2 was spotted on the web. Vertcoin team is preparing a new PoW algorithm. This would be the 3rd fork after two previous forks to change the algorithm in 2014 and 2015.
A report titled The Positive Externalities of Bitcoin Mining discusses the benefits of PoW mining that are often overlooked by the critics of its energy use.
A Brief Study of Cryptonetwork Forks by Alex Evans of Placeholder studies the behavior of users, developers and miners after the fork, and makes the cases that it is hard for child chains to attract users and developers from their parent chains.
New research on private atomic swaps: the paper "Anonymous Atomic Swaps Using Homomorphic Hashing" attempts to break the public link between two transactions. (bitcointalk, decred)
On Sep 18 Poloniex announced delisting of 8 more assets. That day they took a 12-80% dive showing their dependence on this one exchange.
Circle introduced USDC markets on Poloniex: "USDC is a fully collateralized US dollar stablecoin using the ERC-20 standard that provides detailed financial and operational transparency, operates within the regulated framework of US money transmission laws, and is reinforced by established banking partners and auditors.".
Coinbase announced new asset listing process and is accepting submissions on their listing portal. (decred)
The New York State Office of the Attorney General posted a study of 13 exchanges that contains many insights.
A critical vulnerability was discovered and fixed in Bitcoin Core. Few days later a full disclosure was posted revealing the severity of the bug. In a bitcointalk thread btcd was called 'amateur' despite not being vulnerable, and some Core developers voiced their concerns about multiple implementations. The Bitcoin Unlimited developer who found the bug shared his perspective in a blog post. Decred's vision so far is that more full node implementations is a strength, just like for any Internet protocol.

About This Issue

This is the 6th issue of Decred Journal. It is mirrored on GitHub, Medium and Reddit. Past issues are available here.
Most information from third parties is relayed directly from source after a minimal sanity check. The authors of Decred Journal have no ability to verify all claims. Please beware of scams and do your own research.
Feedback is appreciated: please comment on Reddit, GitHub or #writers_room on Matrix or Slack.
Contributions are also welcome: some areas are adding content, pre-release review or translations to other languages.
Credits (Slack names, alphabetical order): bee, Dustorf, jz, Haon, oregonisaac, raedah and Richard-Red.
submitted by jet_user to decred [link] [comments]

What is Vertcoin? A VTC Overview

About Vertcoin

Vertcoin is a digital currency that can be sent from peer to peer over the internet. Though similar to LTC and BTC, Vertcoin has one major difference; ASIC resistance. While this may seem like a minor change, it actually has much larger implications when it comes to the fair distribution, politics, and decentralization of the coin. Vertcoin stays true to the original vision of cryptocurrency: a financial system owned by its users, the people’s coin.

Why ASICs are harmful to cryptocurrency

While ASICs can more efficiently mine coins like Bitcoin and Litecoin compared to GPUs, their introduction unfortunately created a new problem. Unlike GPUs or CPUs, the every day person does not and will never own an ASIC. In fact, most Bitcoin and Litecoin mining isn't done by it's users at all. The majority of these machines are owned and operated by large mining companies and ASIC manufacturers, this is a problem. This creates an environment where the companies ultimately control the ASIC coins and have a vested interest to pursue profit over progress. We all witnessed the politics behind Bitcoin, Bitcoin Cash and Segwit2x. This isn't the first time we've seen drama like this, and it won't be that last. Vertcoin foresaw the issues ASICs would bring in to this space and is committed to remaining ASIC resistant. We believe everyone should have the opportunity to mine the currency, not just a select few. Now that you're more familiar with Vertcoin, let's get started!

Getting Started

To get started with Vertcoin, the first thing you need is a Wallet. Wallets are needed to store, send and receive your coins (private keys) on your computer or mobile device. If possible, we recommend you use the Vertcoin Core Wallet. When setting up your wallet you will generate a set of receiving addresses. These addresses are to be used whenever receiving VTC. Listed below are a few wallet options available.

Wallet

  1. Vertcoin Core Wallet - https://github.com/vertcoin/vertcoin/releases/tag/v0.11.1.0
  2. VTC Electrum Wallet (p2pool unsupported) - https://github.com/vertcoin/electrum-vtc/releases/tag/2.8.2.2-ui
  3. Vertcoin web wallet (p2pool unsupported) - https://wallet.vtconline.org

Buying VTC

Depending on where you live, the process for purchasing may be a little different. The majority of Vertcoin is purchased with bitcoin on an exchange.
Listed below are different exchanges that support Vertcoin trading.
  1. Bittrex - https://bittrex.com/Market/Index?MarketName=BTC-VTC
  2. Poloniex - https://poloniex.com/exchange#btc_vtc
  3. LiteBit (EUR) - https://www.litebit.eu/en/buy/vertcoin
  4. Bittylicious (GBP) - https://bittylicious.com/
  5. Jubi (CNY) -http://www.jubi.com

Mining VTC

Mining Vertcoin helps secure the network and process transactions but it also is a great way to generate Vertcoin for yourself. Because Vertcoin is mined using GPUs (Graphics cards), chances are, you already have what you need to get started. This is just a general overview so we won't go into detail here, but the only things you need to get started mining are a Vertcoin wallet, a computer with a GPU, and a miner - a little program that tells your GPU what to mine.
Right now the best GPUs to use when mining Vertcoin are the NVidia 10 Series cards. We're working on making it more profitable to use AMD cards as well.
Listed below are a few miners you can use to mine Vertcoin.
  1. Ccminer (Nvidia) - https://github.com/tpruvot/ccminereleases
  2. sgminer (AMD) - https://github.com/nicehash/sgminereleases
  3. VertMiner - (coming soon!)

How does Vertcoin fit into the crypto-space?

We believe Vertcoin is a better alternative to Litecoin and Bitcoin. Centralized mining has no place in the crypto-space and should not be considered the norm or acceptable. Vertcoin is positioned to break this cycle and place the power back in to the communities hands. As more people begin to realize the value of ASIC resistance, we're starting to see an influx of interest in the coin.
To put it plainly, Vertcoin is a coin with simple principles. We aim to provide a truly decentralized currency by placing the power to mine and secure the network in the hands of everyone. No politics. No centralized ASIC farms. No bullshit. Just the coin and the community, we believe the crypto-space needs that.

Welcome to the community!

If you're new to the Vertcoin community, welcome! You're joining one of the best communities in the crypto-space (at least we think so). Over the past few months we've seen explosive growth and we don't expect it to stop any time soon. In addition to Reddit here's where we like to hang out com join the party!:
Slack - https://slack.vtconline.org/
Twitter - https://twitter.com/Vertcoin
Medium Blog - https://medium.com/vertcoin-blog
Facebook - https://www.facebook.com/vertcoin/
Official Website - https://vertcoin.org/
Roadmap - https://trello.com/b/RbsKPeGw/vertcoin-roadmap
Bitcointalk ANN - https://bitcointalk.org/index.php?topic=1828453.0
submitted by GoodMiner to vertcoin [link] [comments]

P2Pool upgrade for segwit compatibility

In order for P2Pool to produce segwit blocks an upgrade is needed. Forrest Voight (forrestv), the P2Pool creator, has been inactive in the project for years so an unofficial upgrade is provided by me:
https://github.com/veqtrus/p2pool/releases/tag/16.1-segwit
GPG public key

Background

In a few days segwit is activating so every mining pool needs to upgrade. This also applies to P2Pool. With P2Pool though being a decentralized mining protocol this is more complex than simply updating your mining software as P2Pool forms its own blockchain, the "sharechain", which is used to track payouts to miners. Any change to how P2Pool works which affects the validity of each share, as is the case with any upgrade to the chain being mined i.e. Bitcoin, requires coordination from the majority of P2Pool miners.
Last year I posted a pull request to the main P2Pool repository with a patch to enable segwit compatibility. After testing on my part the patch was included in the Vertcoin P2Pool and has been working with great success making P2Pool among the largest Vertcoin pools. In fact after P2Pool's rise in popularity a second P2Pool network was introduced for smaller miners.
Meanwhile big block populist Jonathan Toomim (jtoomim) has made a P2Pool fork and increased the share size limit from 50 kB per 30 seconds to 1 MB. While an increase was reasonable and in fact I included one in the segwit patch (to 100 kB) before him the excessive increase on jtoomim's fork is compatible with the BU vision campaigned by him and contradicts the decentralized nature of P2Pool. Now jtoomim has merged my segwit patch and made it a requirement [edit: albeit it can be manually overriden] to use btc1 (segwit2x) misleading users that his fork is a segwit upgrade.
submitted by veqtrus to Bitcoin [link] [comments]

VeriCoin (VRC) - An undervalued gem that deserves more attention, est. 2014

VeriCoin Website
Twitter
Slack
Bitcointalk
What is VeriCoin (VRC)? Well it's a digital currency that is one half of the world's first "Binary Chain", with the other half of the chain being a digital reserve called Verium (VRM). VeriCoin and Verium work together to give you faster transactions, more security and solves the digital currency scalability issues. You may be thinking "what?!", well here's a video from the main developer that can hopefully explain better: https://www.youtube.com/watch?v=hsTwMiVJnY0
Or a graphic that should help: Binary Chain Infographic
Development Roadmap (There's a PDF version at the bottom to download showing what Cipher, Usor, etc. are. You can see they are working on many use cases for both VeriCoin and Verium.)
VeriCoin Team
Developer Linkedin #1
Developer Linkedin #2 (There are more developers, I just wanted to show that the team are indeed real people)
For the rest of my post I won't get too technical, the Vericoin website is jam-packed with all of the information you need. I'm going to make this post as a basic investor, with bullet points that got me excited and personally made me want to invest in VRC. I thought this may be good timing as the Bitcoin drama with the forks are getting confusing and tiresome. With VeriCoin's "Binary Chain" there are no politics or forks to deal with.
  • VeriCoin was not an ICO, there was no pre-mine. Created in 2014. It is truly decentralized.
  • They were one of the first Proof of Stake coins and enhanced it with their own unique protocol - POST (Proof of Stake Time). The VeriCoin staking rate gives an estimated 4.21% return.
  • A very fast currency with a solid network already in place and active since 2014 (this is definitely not vaporware), with next to no transaction fees.
  • Verium has the magic word lately that everyone seems to like "ASIC-resistant coin": https://www.youtube.com/watch?v=8xixqvx9XQ4&feature=youtu.be
  • The team is solid and they are heads-down focused on development. This is a gift and a curse. They create a high quality product, but there hasn't been any marketing hype. It looks like they're really improving in that area - hiring a PR firm and they already have an excellent website, and they've started weekly updates on their YouTube channel: https://www.youtube.com/watch?v=cdLry3Jxido
  • Super intuitive wallets with excellent GUI, designed nicely for beginners as well. An updated Vericoin wallet is also coming very soon with some major improvements (one of their nearly complete roadmap milestones).
  • In addition to the major exchanges Bittrex and Poloniex, it's also been recently added on the new Korean exchange UpBit. With a lot of undervalued gems there's a lot of waiting and asking "When Bittrex?" VeriCoin is already widely available.
  • They have a big conference coming up on Nov 6th-9th, the Web Summit Lisbon, where they will be showcasing their new Incentify app, powered by VeriCoin: https://twitter.com/IncentifyApp
In my opinion all of the pieces are in place for major growth. It reminds me very much of VTC Vertcoin's growth cycle, both having began in 2014 as well. Both quiet for a long time, then a sudden explosion.
I think VeriCoin (and Verium) are very undervalued, and I suggest you do your own research and check it out. There are several big milestones ahead and I think it deserves a lot more attention.
submitted by Baelishx to CryptoCurrency [link] [comments]

Release : Bamt v1.6.0 - [Scrypt, Scrypt-N, DarkCoin, QubitCoin, MyriadCoin, and Quark]

Questions or Feature Requests

  • Please search first!
  • - DO NOT POST QUESTIONS HERE. MAKE A TEXT POST. <---
  • - THIS MAKES IT EASIER FOR FUTURE PEOPLE! :) <---
|
|

Donations

  • Greatly appreciated! I am spending a lot of time on this. Donations make it easier to justify to myself and family.

  • VTC = Vy5xkGANcCdKWmHagTyWNRNzfC2D3f9zSG
  • DOGE = DKLrk9iYXaEqe3DJjoG6vkh97yZzTrwpCT
  • BTC = 1Ju4JCP4ifu4JWn6GdeWMc2g2zDTFQXHge
  • Or just let the mine point to the example pool for a while, the default addresses are mine.
|
|

Installing Pick

  • Pick is an awesome version and build utility for miners.
  • Download and follow the instructions. Silly easy. Source
  • Thanks to zettahash for making this!
|
|

Installing CGWatcher

|
|

What is BAMT?

  • BAMT is a Linux live distribution made specifically for mining cryptocurrency.
    • Out of the box, it can mine Scrypt, Scrypt-N, DarkCoin, QubitCoin, MyriadCoin, and Quark!
|
|

About BAMT

  • BAMT is designed with several goals in mind :
    • No installation; runs from a USB drive.
    • Go from assembled parts, to mining, quickly.
    • Very little configuration needed.
    • Multiple miners included.
|
|

v1.6.0 New Features & Updates

  • New Features :
    • Added new miners!
      • Vertminer 0.5.2 "the kev"
      • Sgminer 4.0.0 "troky" - Scrypt-N Enabled
      • Sgminer 4.1.0 "sph - DarkCoin/QubitCoin/Quark"
      • Cgminer 3.7.2 "kalroth"
    • All miners and configs selectable from the bamt.conf file.
    • No need to set scrypt type flags inside the bamt.conf file.
    • Secondary USB drives now auto mount.
|
|

General Details & Features

  • Driver Details :
    • AMD Catalyst 13.12
    • AMD APP SDK 2.9
    • AMD ADL SDK 6.0
  • Included Miners :
  • Monitoring :
|
|

Setup

  1. Download Vertcoin BAMT v.1.6.0
    • MD5 : 4D141BEDA91C0845BD4ABB4F96FB163F
    • Mega.co.nz : here
      • This sometimes goes down. Be patient and wait.
    • Torrent : here
      • Please seed.
  2. Download Win32 Disk Imager or use dd.
    • Win32 : here
    • Write the .img file to a ~2GB or larger USB drive.
  3. Put the USB drive into your machine and boot up.
    • Connect via monitor or Remote Desktop in via your mine's IP.
    • You can find the IP via your network, or you can look on the desktop display of BAMT.
    • Default User Name = root
    • Default Password = live
  4. Select your miner and conf file inside /etc/bamt/bamt.conf.
     # Set to the config of your choosing. # CONFIG OPTIONS : cgminer_opts: --api-listen --config /etc/bamt/vertminer.conf # cgminer_opts: --api-listen --config /etc/bamt/sgminer-troky.conf # cgminer_opts: --api-listen --config /etc/bamt/sgminer-sph.conf # cgminer_opts: --api-listen --config /etc/bamt/cgminer.conf # Set miner over-ride if you want something other than cgminer. # MINER OPTIONS : # Vertminer 0.5.2 "the kev" # Sgminer 4.1.0 "troky" # Sgminer 4.1.0 "sph - aka - DarkCoin/QubitCoin/Quark" # Cgminer 3.7.2 "kalroth" # !! Set all to 0 for cgminer. !! miner-vertminer-thekev: 1 miner-sgminer-troky: 0 miner-sgminer-sph: 0 
  5. Update your selected miner conf file inside the directory /etc/bamt/.
  6. View your mining status.
    • You have a few options :
      • View standard dashboard at your miners IP address.
      • https://youripaddress/
    • View PoolManager dashboard.
      • https://youripaddress/cgi-bin/status-man.pl
      • Page is cool. You can change your pool and add new via Dashboard!
    • View the classic CGmineVertmineWhatever terminal screen.
      screen -r 
|
|

Terminal Commands

Note : All commands assumed user has root permissions. 
Save & Reboot :
sync && coldreboot #Note : When making changes to a usb based system, you must run 'sync' to save to USB before restarting. 
Control Mining :
mine stop mine start mine restart 
Display GPU Status :
gpumon #Note : I like screen -r over gpumon. 
|
|

Example Results

  • Setup :
    • GPU : Asus DCII 280x @ ~350-400 kH/s Vertcoin or 750-815 kH/s Scrypt
    • CPU : AMD Sempron
    • Memory : G.Skill Ripjaws Series 8GB (2 x 4GB)
    • Motherboard : Gigabyte GA-990FXA-UD3 ATX AM3+
    • PSU : (2) EVGA Supernova 1000w - (w/ add2PSU )
|
|

Change Auto-Reboot

Change hours by changing the "#" - or - delete line to remove auto-reboot :
nano /etc/crontab 
Modify this line :
0 */9 * * * root /sbin/coldreboot 
|
|

Oddities

  • Miner ID and Location :
    • miner_id & miner_location in bamt.conf must be lowercase.
    • miner_name may be upper case.
submitted by Bajawah to BAMT [link] [comments]

Release : Vertcoin BAMT

Questions or Feature Requests

What is BAMT?

  • BAMT is a Linux live distribution made specifically for mining cryptocurrency.
    • While it's called "Vertcoin BAMT", it will work with any Scrypt coin or coin using Vertminer. This name will be changed in the future versions.

About BAMT

  • BAMT is designed with several goals in mind :
    • No installation; runs from a USB drive.
    • Go from assembled parts, to mining, quickly.
    • Very little configuration needed.

v1.5.2 New Features & Updates

  • New Features :
    • Select CGminer or Vertminer in bamt.conf flag.
    • Select matching miner .conf file in bamt.conf.
    • Added BAMT Poolmanager
    • Appearence slightly tweeked to match FlatBAMT UI.
    • Standard dashboard still active.
    • GitHub - Thanks to Starlilyth!
  • Updates :
    • Stock .conf settings should run on 99% of hardware.
    • Terminal "mine" commands functional with all miners.
    • Shrunk file size.
    • Bitch'n new subreddit.

General Details & Features

  • Details :
    • Based on Litecoin BAMT v1.5
    • AMD Catalyst 13.12
    • AMD APP SDK 2.9
    • AMD ADL SDK 6.0
    • SGMiner 4.1.0
      • Note : It is called "CGminer" but it is in fact renamed SGMiner.
      • There is a bug with 290x and powertune. Fix is to switch to cgminer:
        mv /opt/miners/cgminer /opt/miners/sgminer; mv /opt/miners/cgminer3.7.2 /opt/miners/cgminer; mine restart; 
  • Added Features :
    • FlatBAMT UI
      • GitHub - Thanks to Wellsriley!
    • TheKev Vertminer 0.5.2
      • BitcoinTalk - Thanks to TheKev!
      • Note : Vertminer is still in /opt/miners if you want to put it back.
    • Auto-Reboot Cronjob
      • Keeps your machine running well 99.9% of the time.
      • Timer set for every 3 hours.

Setup

  1. Download Vertcoin BAMT v.1.5.2
    • Mega : here
      • This sometimes goes down. Be patient and wait.
    • Torrent : here
      • Please seed.
  2. Download Win32 Disk Imager or use dd.
    • Win32 : here
    • Write the .img file to a ~2GB or larger USB drive.
  3. Put the USB drive into your machine and boot up.
    • Connect via monitor or Remote Desktop in via your mine's IP.
    • You can find the IP via your network, or you can look on the desktop display of BAMT.
    • Default User Name = root
    • Default Password = live
  4. Change your "miner".conf file.
  5. Select your mining type in bamt.conf.
    • Comment out the one you are not using. ~line 112
      # cgminer_opts: --api-listen --config /etc/bamt/cgminer.conf cgminer_opts: --api-listen --config /etc/bamt/vertminer.conf 
    • Set the value to 1 if using Vertminer. ~line 118
      scrypt-adaptive-N: 0 <-- That value. 
  6. View your mining status.
    • You have a few options :
      • View standard dashboard at your miners IP address.
      • https://youripaddress/cgi-bin/status.pl
    • View PoolManager dashboard.
    • View the classic CGmineVertminer terminal screen.
      screen -r 

Terminal Commands

Note : All commands assumed user has root permissions. 
Save & Reboot :
sync && coldreboot #Note : When making changes to a usb based system, you must run 'sync' to save to USB before restarting. 
Control Mining :
mine stop mine start mine restart 
Display GPU Status :
gpumon #Note : I like screen -r over gpumon. 

Example Results

  • Setup :
    • GPU : (4) Asus DCII 280x @ 400 kH/s Vertcoin or 800 kH/s Scrypt - (going to add 2 more)
    • CPU : AMD Sempron
    • Memory : G.Skill Ripjaws Series 8GB (2 x 4GB)
    • Motherboard : Gigabyte GA-990FXA-UD3 ATX AM3+
    • PSU : (2) EVGA Supernova 1000w - (w/ add2PSU )
  • Note : My configs can be found in /etc/bamt/examples.

Change Auto-Reboot

Change hours by changing the "3" - or - delete line to remove auto-reboot :
nano /etc/crontab 
Modify this line :
0 */3 * * * root /sbin/coldreboot 

Oddities

  • Miner ID and Location :
    • miner_id & miner_location in bamt.conf must be lowercase.
    • miner_name may be upper case.

To-Do

  • Main Changes :
    • Clean up legacy code.
    • Update graph style ( responsive ).
    • Update Dashboard style ( responsive ).
  • Sync Up :
    • Roll changes into main BAMT BitBucket build.
    • Roll changes into PoolManager GitHub build.
  • Small Irrelevant Things :
    • None currently.

Tips

  • Greatly appreciated! This is eating a lot of time up. :)
  • VTC = Vy5xkGANcCdKWmHagTyWNRNzfC2D3f9zSG
  • DOGE = DKLrk9iYXaEqe3DJjoG6vkh97yZzTrwpCT
  • BTC = 1Ju4JCP4ifu4JWn6GdeWMc2g2zDTFQXHge
  • Or just let the mine point to the example pool for 30 min, the default is set to me. :)
submitted by Bajawah to BAMT [link] [comments]

Contacting the bitcoin foundation on MtGOX withdrawal issues

Hi Guys,
I am too affected by this issue, as most of you in this sub. I've send an email to the bitcoin foundation to clarify whats going on:
Hello,
I would like to get your thoughts on the current MtGOX withdrawal issues. They are occurring, when trying to withdraw BTC from a MtGOX account. Delays of 1-2 weeks shouldn't be tolerated by the members of the Bitcoin foundation for a company, which CEO is a member of it. I would like to ask you to publish a public statement on this issue. Otherwise the Bitcoin foundation members actually support these practices, which can have a negative effect on the image of companies grouped in it.
Numerous users are experiencing these issues and the story is already cover by few media outlets:
http://www.vocativ.com/02-2014/people-cant-convert-bitcoin-cash-theyre-pissed/ http://www.coindesk.com/poll-mt-gox-withdrawal-issues/ http://www.ibtimes.co.uk/cryptocurrency-news-round-vertcoin-surge-continues-mt-gox-frustration-builds-1435175
Some forum threads:
https://bitcointalk.org/index.php?topic=324918.0 https://bitcointalk.org/index.php?topic=431117.0 https://bitcointalk.org/index.php?topic=429769.0
Regards, [signature]
I've sent it to their general email address: [email protected]
Anyone is welcome to re-send/modify the message according to their needs.
EDIT: There is also a forum thread dedicated to this issue on their forum, so anyone who is a member can submit a message there: https://bitcoinfoundation.org/forum/index.php?/topic/700-mtgox-insolvency/
EDIT2: Twitter account of the CEO of MtGOX and his linkedin profile: http://www.linkedin.com/in/karpeles https://twitter.com/MagicalTux, chairman of the foundation board: https://twitter.com/vessenes, http://www.linkedin.com/in/vessenes
EDIT3: as hildenborg mentioned (http://i.imgur.com/fc4Iy69.png): MtGox hot wallet is empty: http://coinsight.org/mtgox.html So withdrawals are now failing instantly, they don't even get a TX.
EDIT4: I want to say thank you guys for the discussion and for the sent out emails. I know that the foundation isn't any official authority as some of you pointed out, but I would like to see some consequences for their behavior to their customers. So if you haven't send an email yet, please consider doing so.
submitted by jokob to Bitcoin [link] [comments]

Future Looking Bright for Litecoin! [x-Post]

To start with - Here's the Litecoin Roadmap
Litecoin was created as Open Source
with No Premine
Lightning is coming - so are LApps for it.
The 'Litening' Network as some call it.
MAST 1, 2, Smart Crypto-Vault, Covenants, RootStock, Schnorr Signatures, and Confidential Transactions/Quantum Resistance
Litecoin.Network - will track information regarding the Litecoin network, making it easily accessible and viewable in one place.
Atmoic swaps with - Viacoin (Just activated Segwit 8/3/17) - Particl - Vertcoin - Bitcoin so far.
First video of someone using a Litecoin ATM released May 13, 17 - video here when there was only 14 Litecoin ATMs at the time, now there are over 229. (It's hasn't even been 3 months!)
Companies are slowly starting to switch to Litecoin: 1, 2, 3
There's a lot of Lightning Network Questions so here's some more links.
Lightning Network FAQs
Lightning Resources
Lightning Network GitHub
ACINQ - eclair GitHub
"We ran eclair on Litecoin (testnet) and it worked!"
Video of eclair on Litecoin here.
Also, in case you didn't know: Atomic Cross-Chain Transactions needed the malleability fix SegWit provided and doesn't need LN (Lightning Network), but, instant atomic needs LN.
Charlie's Vision For SegWit And Lightning Networks On Litecoin And Bitcoin - here.
submitted by 1JoeLite1 to CryptoCurrency [link] [comments]

Very good summary about the status of Moin (ripped from bitcointalk.org)

As I found a lot of relevant and useful information about moin fron the bitcointalk.org user Xanatos I'm going to shamelessly paste them here:
*Low market cap crypto with high growth potential which has been around for the long haul with active development throughout. Extremely professional looking HTML5 interface with the coin itself being moved over to the open-sourced PARTCL blockchain.
To sum it up briefly, Particl is a privacy-focused blockchain/P2P hybrid ecosystem that will host a decentralized and anonymous marketplace as well as an array of apps using a native cryptocurrency. This can lead to fully decentralized and anonymous marketplaces which allows buyers and vendors to securely transact between each other without the need to ever interact with a third-party. It also encompasses a fully anonymous messaging system built similarly to BitMessage. The platform is currency and protocol agnostic. MOIN's full utilization of this code is still being worked on and from what I've heard our main dev is compiling something that no other coin currently has. File verification is my bet. We're still in the early stages, and what makes this coin so exciting.
While MOIN is mainly a privacy-focused project, the use of a public token (default token) is very important in terms of management, integration, and security. One of the problems with exclusively anonymous currencies is that it can be hard to confirm the authenticity of the block creation process. What if an attacker had the key to generate an infinite amount of coins? What if no one noticed the hack until the attacker dumps large orders of fraudulently created coins on the trading market? These are very serious threats that are a reality with some of the 100% private coins. ZK SNARKS, for example, a crypto privacy protocol, also has this “hidden inflation problem”. In fact, the chain is initially generated from a set of master keys which could theoretically be used to generate an infinite amount of coins at any time without anyone ever noticing. This is why people say this protocol relies on “trusted setups”; you actually need to trust the party who spawned the chain would successfully destroy the master keys. There is, of course, no way to know for sure whether they didn’t keep copies somewhere or that they were not compromised during any step of the process (software, hardware, network, OS, BIOS, ME chip exploits). After all, cryptocurrencies are now worth a lot and they have become the primary target for hackers around the world.
It is precisely for these reasons that the team opted for a fully transparent coin generation process. Because all newly generated coins are public, a hackebug would instantly be detected and measures could be taken to fix the problem.
Additionally, since the public token is built in a very similar way as Bitcoin, it is much easier for third-parties such as exchanges, websites, and wallets (Jaxx, Exodus, Ledger Wallet, etc.) to integrate. They do not need to go out of their way and spend many dev hours without knowing if it will be economically worth it to integrate that coin. The best example I could find concerning this, in particular, is the case of Monero and Jaxx. Jaxx is a well-known multi-cryptocurrency wallet and they tried to integrate Monero earlier this year. After trying to add the coin to their wallet, they announced they would finally not do it because it was too complicated and they didn’t feel the amount of dev time required for this project would be worth it. This would not happen with MOIN as the BTC codebase is what everybody is used to working with and can integrate it without much effort.
This public token is also very useful for people who do not necessarily require a permanently anonymous experience. Fully-anonymous currencies can sometimes hinder one’s ability to effectively keep track of financial records and transactions. Some services ask for extra information (i.e. a payment ID for Monero) in order for a transaction to be accepted and there are many situations where one could forget to note that transaction ID down or lose it afterward. There’s also a lot of scenarios where one would need to go back several months into the past to see specific transaction details. In most cases, it is simply harder to keep track of things with fully private coins so having one that does possess great accountability tools is definitively a plus.
On top of this, a transaction using any privacy coin is generally going to cost more in fees than a public transaction on a non-bloated BTC codebase currency as it typically involves more data movement and computation. A “public user”, one that does not necessarily want to be anonymous, should not have to pay for privacy features he does not need. By making the public token the default coin, this ensures that only users seeking privacy options will use the privacy token, while the public users (which will probably end up being the majority of MOIN users if the platform becomes mainstream) default to the public token. This also has the non-negligible effect of putting less stress on the network (as public transactions are more lightweight and do not fill blocks as much as private ones), keeping the network efficient.
MOIN’s private token has a variable degree of privacy which can be adjusted by users according to their preferences. In fact, when making a private transaction, it will be possible to send it using Confidential Transactions or RingCT (which is a blend of ring signatures and Confidential Transactions). It is noteworthy to mention that this is the first time both these protocols are being implemented on the Bitcoin codebase. While a few coins use Confidential Transactions as their privacy protocol, only one uses an implementation of RingCT on their main net: Monero.
Confidential Transactions, or CT, is a privacy protocol initially developed for Bitcoin that hides amounts sent from the public and makes it visible only to parties involved in the actual transaction. While it is very efficient to obfuscate most regular person-to-person transactions, its most interesting use case is when used in a marketplace decentralized escrow system. If the market’s escrow system worked using the public token, it would be trivial for determined attackers to detect patterns in the public escrow contracts and match them to potential users. On a long enough timeline, users could be identified with particular marketplace orders with a high degree of certainty. With the help of Confidential Transactions, this cuts off this attack vector and makes the escrow system fully anonymous.
RingCT, on the other side, is an even better privacy protocol combining ring signatures to the aforementioned confidential transaction protocol. Applied on double stealth addresses, not only transaction amounts are hidden but the sender and receiver addresses as well, making RingCT transactions completely untraceable. One useful feature of the MOIN wallet is that users are actually presented with the option to choose the privacy protocol they want to use according to their needs. Public transfer has good privacy protocol for basic privacy, but RingCT is even better as it makes transactions unlinkable. However, the latter is much more expensive in fees than the first one, and people who do not require a “paranoid” level of privacy may not want to pay larger fees.
In my subjective opinion, MOIN will offer the best privacy experience on the market as it is very flexible but makes no compromise. RingCT is considered top-of-the-line technology and it simply works fantastically in preserving one’s privacy. Some could argue that ZK-SNARKS offers a better solution, and that is rightfully debatable. They do offer an interesting privacy solution, but they do have their share of problems and vulnerabilities as mentioned above. Centralized coin mixers are obviously not to be trusted as there is no way to know the legitimacy of the website owner, and coinjoin services are demonstrably weak and exploitable by determined adversaries.
The hidden inflation problem is also one of the reasons why I believe MOIN, with its dual token system, has a “safer” (and easier to integrate) implementation of RingCT than Monero. Don’t get me wrong, there are good arguments people could make about Monero having the better integration. For example, RingCT being mandatory and by default on all transactions makes it impossible to make a basic human mistake (they do happen), but it also makes Monero a more expensive currency to use and a blockchain less likely to be able to support a huge influx of users (as transactions are heavy and would bloat the blockchain faster). This is the kind of debate where both sides have pros and cons, so I will let you make your own conclusion on this topic.
Also related to MOIN’s privacy but not its private coin, it is possible to route the wallet’s connection through TOR in order to keep your node IP address private. This is absolutely needed if you want a secure staking setup (unless you used OpenVPN with solid network rules) as broadcasting the real IP address of a staking node to the world is asking for trouble.
Another sweet feature of the blockchain is that it has a native implementation of Segwit, which I believe is a first in crypto. One small inconvenience with blockchain projects forking their chain to add Segwit is that witness blocks aren’t compatible with blocks prior to the fork. While this is not a critical problem, it sure makes things smoother and easier to have a fully compatible Segwit implementation.
Having segregated witness on MOIN gives its blockchain a couple of interesting features. Among many of these, some notable ones are the Lightning Network, transaction malleability vulnerability fixes, and block capacity/size increase.
Lightning Network is a payment channel protocol first proposed by Joseph Poon and Tadge Dryja and now scheduled for implementation on Bitcoin as well as some altcoins such as Vertcoin. LN gives interesting features to whatever coin decides to implement it such as reduced transaction fees, increased transaction speed, better privacy, and atomic swaps.
As it is becoming more and more likely as time goes by that the Lightning Network will be implemented in various different coins, its atomic swap feature is getting more relevant. Atomic swapping is the ability of an LN-enabled blockchain to be made inter-operable through multi-signature addresses and time-locks with many other LN-enabled blockchains in order to allow trust-less coin exchange between two parties (i.e. Alice can trade 100 LTC to Bob for 1 BTC in a 100% decentralized and counterparty-free fashion). This could even be used to create decentralized multi-coin payment processors or exchanges, effectively spawning a brand new and potentially breakthrough LN-focused ecosystem in which MOIN could be part of. It also seems plausible that the MOIN platform would eventually leverage this feature to allow trust-less currency exchange on its marketplace as well as other Dapps, effectively replacing Shapeshift with a cheaper and decentralized alternative, even though the team hasn’t made any statement on the matter.*
submitted by pandavr to Moin [link] [comments]

The Strange Birth & History of Monero, Part IV: Monero "as it is now"

You can read here part III.
You can read this whole story translated into Spanish here
This is part IV, the last but not least.
Monero - A secure, private, untreceable cryptocurrency
https://bitcointalk.org/index.php?topic=583449.0
Notable comments in this thread:
-201: “I would like to offer 1000 MRO to the first person who creates a pool”
(https://bitcointalk.org/index.php?topic=583449.msg6422665#msg6422665)
[tacotime offers bounty to potential pool developer. Bytecoin devs haven’t released any code for pools, and the only existent pool, minergate (in the future related to BCN interests) was closed source]
-256: “Adam back seems to like CryptoNote the better than Zerocash https://twitter.com/adam3us/status/453493394472697856”
(https://bitcointalk.org/index.php?topic=583449.msg6440769#msg6440769)
-264: “update on pools: The NOMP guy (zone117x) is looking to fork his open source software and get a pool going, so one should hopefully be up soon.”
(https://bitcointalk.org/index.php?topic=583449.msg6441302#msg6441302)
-273: “Update on GUI: othe from VertCoin has notified me that he is working on it.”
(https://bitcointalk.org/index.php?topic=583449.msg6442606#msg6442606)
-356: “Everyone wanting a pool, please help raise a bounty with me here:
https://bitcointalk.org/index.php?topic=589533.0
And for the GUI:
https://bitcointalk.org/index.php?topic=589561.0”
(https://bitcointalk.org/index.php?topic=583449.msg6461533#msg6461533)
[5439 MRO + 0.685 BTC + 5728555.555 BCN raised for pool and 1652 XMR, 121345.46695471 BCN for the GUI wallet. Though this wallet was "rejected" as official GUI because wallet still has to be polished before building a GUI]
-437: “Yes, most Windows users should see a higher hashrate with the new build. You can thank NoodleDoodle. ”
(https://bitcointalk.org/index.php?topic=583449.msg6481202#msg6481202)
-446: “Even faster Windows binaries have just been uploaded. Install for more hash power! Once again, it was NoodleDoodle.”
(https://bitcointalk.org/index.php?topic=583449.msg6483680#msg6483680)
-448: “that almost doubled my hashrate again! GREAT STUFF !!!”
(https://bitcointalk.org/index.php?topic=583449.msg6484109#msg6484109)
-461: “Noodle only started optimization today so there may be gains for your CPU in the future.”
(https://bitcointalk.org/index.php?topic=583449.msg6485247#msg6485247)
[First day of miner optimization by NoodleDoodle, it is only May 1st]
-706: “The unstoppable NoodleDoodle has optimized the Windows build again. Hashrate should more than double. Windows is now faster than Linux. :O”
(https://bitcointalk.org/index.php?topic=583449.msg6549444#msg6549444)
-753: “i here tft is no longer part of the project. so is he forking or relaunching bytecoin under new name and new parameters (merged mining with flatter emission curve.) also. what is the end consensus for the emission curve for monero. will it be adjusted."
(https://bitcointalk.org/index.php?topic=583449.msg6561345#msg6561345)
[May, 5th 2014. TFT is launching FANTOMCOIN, a clone coin which its "only" feature was merged mining]
-761: (https://bitcointalk.org/index.php?topic=583449.msg6561941#msg6561941) [May, 5th 2014 – eizh on emission curve and tail emission]
-791: “As promised, I did Russian translation of main topic.”
(https://bitcointalk.org/index.php?topic=583449.msg6565521#msg6565521)
[one among dozens of decentralized and “altruist” collaborators of Monero in minor tasks]
-827: image
(https://bitcointalk.org/index.php?topic=583449.msg6571652#msg6571652)
-853: (https://bitcointalk.org/index.php?topic=583449.msg6575033#msg6575033)
[some are not happy that NoodleDoodle had only released the built binaries, but not the source code]
-950: (https://bitcointalk.org/index.php?topic=583449.msg6593768#msg6593768)
[Rias, an account suspected to be related to the Bytecoin scam, dares to tag Monero as “instamine”]
-957: “It's rather bizarre that you're calling this an "instamine" scam when you're so fervently supporting BCN, which was mined 80% before entering the clearnet. Difficulty adjustments are per block, so there is no possibility of an instamine unless you don't publish your blockchain (emission is regular at the preset interval, and scales adequately with the network hash rate). What you're accusing monero of is exactly what ByteCoin did.”
https://bitcointalk.org/index.php?topic=583449.msg6594025#msg6594025
[Discussion with rias drags on for SEVERAL posts]
-1016: “There is no "dev team". There is a community of people working on various aspects of the coin.
I've been keeping the repo up to date. NoodleDoodle likes to optimise his miner. TFT started the fork and also assists when things break. othe's been working on a GUI. zone117x has been working on a pool.
It's a decentralized effort to maintain the fork, not a strawman team of leet hackers who dwell in the underbellies of the internet and conspire for instamines.”
(https://bitcointalk.org/index.php?topic=583449.msg6596828#msg6596828)
-1023: “Like I stated in IRC, I am not part of the "dev team", I never was. Just so happens I took a look at the code and changed some extremely easy to spot "errors". I then decided to release the binary because I thought MRO would benefit from it. I made this decision individually and nobody else should be culpable”
(https://bitcointalk.org/index.php?topic=583449.msg6597057#msg6597057)
[Noodledoodle gets rid of the instaminer accusations]
-1029: “I decided to relaunch Monero so it will suit all your wishes that you had: flatter emission curve, open source optimized miner for everybody from the start, no MM with BCN/BMR and the name. New Monero will be ready tomorrow”
(https://bitcointalk.org/index.php?topic=583449.msg6597252#msg6597252)
[people trying to capitalize mistakes is always there.]
-1030: "Pull request has been submitted and merged to update miner speed
It appears from the simplicity of the fix that there may have been deliberate crippling of the hashing algorithm from introduction with ByteCoin."
https://bitcointalk.org/index.php?topic=583449.msg6597460#msg6597460
[tacotime “officially” raises suspects of possible voluntarily crippled miner]
-1053: "I don't mind the 'relaunch' or the merge-mining fork or any other new coin at all. It's inevitable that the CryptoNote progresses like scrypt into a giant mess of coins. It's not undesirable or 'wrong'. Clones fighting out among themselves is actually beneficial for Monero. Although one of them is clearly unserious and trolling by choosing the same name.
Anyway, this sudden solidarity with BCN or TFT sure is strange when none of these accounts were around for the discussions that took place 3 weeks ago. Such vested interests with no prior indications. Hmm...? "
https://bitcointalk.org/index.php?topic=583449.msg6599013#msg6599013
[eizh points out the apparent organized fudding]
-1061: "There was no takeover. The original developer (who himself did a fork of bytecoin and around a dozen lines of code changes) was non-responsive and had disappeared. The original name had been cybersquatted all over the place (since the original developer did not even register any domain name much less create a web site), making it impossible to even create a suitably named web site. A bunch of us who didn't want to see the coin die who represented a huge share of the hash power and ownership of the coin decided to adopt it. We reached out to the original developer to participate in this community effort and he still didn't respond over 24 hours, so we decided to act to save the coin from neglect and actively work toward building the coin."
(https://bitcointalk.org/index.php?topic=583449.msg6599798#msg6599798)
[smooth defends legitimacy of current “dev team” and decisions taken]
-1074: “Zerocash will be announced soon (May 18 in Oakland? but open source may not be ready then?).
Here is a synopsis of the tradeoffs compared to CyptoNote: […]"
(https://bitcointalk.org/index.php?topic=583449.msg6602891#msg6602891)
[comparison among Zerocash y Cryptonote]
-1083: "Altcoin history shows that except in the case of premine (Tenebrix), the first implementation stays the largest by a wide margin. We're repeating that here by outpacing Bytecoin (thanks to its 80% mine prior to surfacing). No other CN coin has anywhere near the hashrate or trading volume. Go check diff in Fantom for example or the lack of activity in BCN trading.
The only CN coin out there doing something valuable is HoneyPenny, and they're open source too. If HP develops something useful, MRO can incorporate it as well. Open source gives confidence. No need for any further edge."
(https://bitcointalk.org/index.php?topic=583449.msg6603452#msg6603452)
[eizh reminds everyone the “first mover” advantage is a real advantage]
-1132: "I decided to tidy up bitmonero GitHub rep tonight, so now there is all valuable things from latest BCN commits & Win32. Faster hash from quazarcoin is also there. So BMR rep is the freshest one.
I'm working on another good feature now, so stay tuned."
(https://bitcointalk.org/index.php?topic=583449.msg6619738#msg6619738)
[first TFT apparition in weeks, he somehow pretends to still be the "lead dev"]
-1139: "This is not the github or website used by Monero. This github is outdated even with these updates. Only trust binaries from the first post."
(https://bitcointalk.org/index.php?topic=583449.msg6619971#msg6619971)
[eizh tries to clarify the community, after tft interference, which are the official downloads]
-1140: “The faster hash is from NoodleDoodle and is already submitted to the moner-project github (https://github.com/monero-project/bitmonero) and included in the binaries here.
[trying to bring TFT back on board] It would be all easier if you just work together with the other guys, whats the problem? Come to irc and talk like everyone else?
[on future monero exchangers] I got confirmation from one."
(https://bitcointalk.org/index.php?topic=583449.msg6619997#msg6619997)
[8th may 2014, othe announces NoodleDoodle optimized miner is now open source, asks TFT to collaborate and communicates an exchanger is coming]
-1146: "I'll be impressed if they [BCN/TFT shills] manage to come up with an account registered before January, but then again they could buy those.”
(https://bitcointalk.org/index.php?topic=583449.msg6620257#msg6620257)
[smooth]
-1150: “Ring signatures mean that when you sign a transaction to spend an output (coins), no one looking at the block chain can tell whether you signed it or one of the other outputs you choose to mix in with yours. With a mixing factor of 5 or 10 after several transactions there are millions of possible coins all mixed together. You get "anonymity" and mixing without having to use a third party mixer.”
(https://bitcointalk.org/index.php?topic=583449.msg6620433#msg6620433)
[smooth answering to “what are ring signatures” in layman terms]
-1170: "Someone (C++ skilled) did private optimized miner a few days ago, he got 74H/s for i5 haswell. He pointed that mining code was very un-optimized and he did essential improvements for yourself. So, high H/S is possible yet. Can the dev's core review code for that?"
(https://bitcointalk.org/index.php?topic=583449.msg6623136#msg6623136)
[forums are talking about an individual or group of individuals with optimized miners - may 9th 2014]
-1230: "Good progress on the pool reported by NOMP dev zone117x. Stay tuned, everyone.
And remember to email your favorite exchanges about adding MRO."
(https://bitcointalk.org/index.php?topic=583449.msg6640190#msg6640190)
-1258: "This is actually as confusing to us as you. At one point, thankful_for_today said he was okay with name change: https://bitcointalk.org/index.php?topic=563821.msg6368600#msg6368600
Then he disappeared for more than a week after the merge mining vote failed.”
(https://bitcointalk.org/index.php?topic=583449.msg6645981#msg6645981)
[eizh on the TFT-issue]
-1358: “Jadehorse: registered on 2014-03-06 and two pages of one line posts:
https://bitcointalk.org/index.php?action=profile;u=263597
https://bitcointalk.org/index.php?action=profile;u=263597;sa=showPosts
Trustnobody: registered on 2014-03-06 and two pages of one line posts:
https://bitcointalk.org/index.php?action=profile;u=264292
https://bitcointalk.org/index.php?action=profile;u=264292;sa=showPosts
You guys should really just stop trying. It is quite transparent what you are doing. Or if you want to do it, do it somewhere else. Everyone else: ignore them please."
(https://bitcointalk.org/index.php?topic=583449.msg6666844#msg6666844)
[FUD campaign still ongoing, smooth battles it]
-1387: "The world’s first exchange for Monero just opened! cryptonote.exchange.to"
(https://bitcointalk.org/index.php?topic=583449.msg6675902#msg6675902)
[David Latapie announces an important milestone: exchanger is here]
-1467: "image"
(https://bitcointalk.org/index.php?topic=583449.msg6686125#msg6686125)
[it is weird, but tft appears again, apparently as if he were in a parallel reality]
-1495: “http://monero.cc/blog/monero-price-0-002-passed/”
(https://bitcointalk.org/index.php?topic=583449.msg6691706#msg6691706)
[“trading” milestone reached: monero surpassed for first time 0.002 btc price]
-1513: "There is one and only one coin, formerly called Bitmonero, now called Monero. There was a community vote in favor (despite likely ballot stuffing against). All of the major stakeholders at the time agreed with the rename, including TFT.
The code base is still called bitmonero. There is no reason to rename it, though we certainly could have if we really wanted to.
TFT said he he is sentimental about the Bitmonero name, which I can understand, so I don't think there is any malice or harm in him continuing to use it. He just posted the nice hash rate chart on here using the old name. Obviously he understands that they are one and the same coin."
(https://bitcointalk.org/index.php?topic=583449.msg6693615#msg6693615)
[Smooth clears up again the relation with TFT and BMR. Every time he appears it seems to generate confusion on newbies]
-1543: "Pool software is in testing now. You can follow the progress on the pool bounty thread (see original post on this thread for link)."
(https://bitcointalk.org/index.php?topic=583449.msg6698097#msg6698097)
-1545: "[on the tail emission debate] I've been trying to raise awareness of this issue. The typical response seems to be, "when Bitcoin addresses the problem, so will we." To me this means it will never be addressed. The obvious solution is to perpetually increase the money supply, always rewarding miners with new coins.
Tacotime mentioned a hard fork proposal to never let the block reward drop below 1 coin:
Code: if (blockReward < 1){ blockReward = 1; }
I assume this is merely delaying the problem, however. I proposed a fixed annual debasement (say 2%) with a tx fee cap of like 0.001% of the current block reward (or whatever sounds reasonable). That way we still get the spam protection without worrying about fee escalation down the road."
(https://bitcointalk.org/index.php?topic=583449.msg6698879#msg6698879)
[Johnny Mnemonic wants to debate tail emission. Debate is moved to the “Monero Economy” thread]
-1603: “My GOD,the wallet is very very wierd and too complicated to operate, Why dont release a wallet-qt as Bitcoin?”
(https://bitcointalk.org/index.php?topic=583449.msg6707857#msg6707857)
[Newbies have hard times with monero]
-1605: "because this coin is not a bitcoin clone and so there isnt a wallet-qt to just copy and release. There is a bounty for a GUI wallet and there is already an experimental windows wallet..."
(https://bitcointalk.org/index.php?topic=583449.msg6708250#msg6708250)
-1611: "I like this about Monero, but it seems it was written by cryptographers, not programmers. The damned thing doesn't even compile on Arch, and there are several bugs, like command history not working on Linux. The crypto ideas are top-notch, but the implementation is not."
(https://bitcointalk.org/index.php?topic=583449.msg6709002#msg6709002)
[Wolf0, a miner developer, little by little joining the community]
-1888: "http://198.199.79.100 (aka moneropool.org) successfully submitted a block. Miners will be paid for their work once payments start working.
P.S. This is actually our second block today. The first was orphaned. :/"
(https://bitcointalk.org/index.php?topic=583449.msg6753836#msg6753836)
[May 16th: first pool block]
-1927: "Botnets aren't problem now. The main problem is a private hi-performance miner"
(https://bitcointalk.org/index.php?topic=583449.msg6759622#msg6759622)
-1927: "Evidence?"
(https://bitcointalk.org/index.php?topic=583449.msg6759661#msg6759661)
[smooth about the private optimized miner]
-1937: “[reference needed: smooth battling the weak evidence of optimized miner] Yes, I remember that. Some person on the Internet saying that some other unnamed person said he did something hardly constitutes evidence.
I'm not even doubting that optimized asm code could make a big difference. Just not sure how to know whether this is real or not. Rumors and FUD are rampant, so it is just hard to tell."
(https://bitcointalk.org/index.php?topic=583449.msg6760040#msg6760040)
[smooth does not take the "proof" seriously]
-1949: "image
One i5 and One e5 connected to local pool:
image"
(https://bitcointalk.org/index.php?topic=583449.msg6760624#msg6760624)
[proof of optimized miner]
-1953: "lazybear are you interested in a bounty to release the source code (maybe cleaned up a bit?) your optimized miner? If not, I'll probably play around with the code myself tomorrow and see if I can come up with something, or maybe Noodle Doodle will take an interest."
(https://bitcointalk.org/index.php?topic=583449.msg6760699#msg6760699)
[smooth tries to bring lazybear and his optimized miner on board]
-1957: "smooth, NoodleDoodle just said on IRC his latest optimizations are 4x faster on Windows. Untested on Linux so far but he'll push the source to the git repo soon. We'll be at 1 million network hashrate pretty soon."
(https://bitcointalk.org/index.php?topic=583449.msg6760814#msg6760814)
[eizh makes publics NoodleDoodle also has more miner optimizations ready]
-1985: “Someone (not me) created a Monero block explorer and announced it yesterday in a separate thread:
https://bitcointalk.org/index.php?topic=611561.0”
(https://bitcointalk.org/index.php?topic=583449.msg6766206#msg6766206)
[May 16th, 2014: a functional block explorer]
-2018: “Noodle is doing some final tests on Windows and will begin testing on Linux. He expects hashrate should increase across all architectures. I can confirm a 5x increase on an i7 quad-core + Windows 7 64-bit.
Please be patient. These are actual changes to the program, not just a switch that gets flicked on. It needs testing.”
(https://bitcointalk.org/index.php?topic=583449.msg6770093#msg6770093)
[eizh has more info on last miner optimization]
-2023: “Monero marketcap is around $300,000 as of now”
(https://bitcointalk.org/index.php?topic=583449.msg6770365#msg6770365)
-2059: I was skeptical of this conspiracy theory at first but after thinking about the numbers and looking back at the code again, I'm starting to believe it.
These are not deep optimizations, just cleaning up the code to work as intended.
At 100 H/s, with 500k iterations, 70 cycles per L3 memory access, we're now at 3.5 GHz which is reasonably close. So the algorithm is finally memory-bound, as it was originally intended to be. But as delivered by the bytecode developers not even close.
I know this is going to sound like tooting our own horn but this is another example of the kind of dirty tricks you can expect from the 80% premine crowd and the good work being done in the name of the community by the Monero developers.
Assuming they had the reasonable, and not deoptimized, implementation of the algorithm as designed all along (which is likely), the alleged "two year history" of bytecoin was mined on 4-8 PCs. It's really one of the shadiest and sleaziest premines scams yet, though this shouldn't be surprising because in every type of scam, the scams always get sneakier and more deceptive over time (the simple ones no longer work)."
(https://bitcointalk.org/index.php?topic=583449.msg6773168#msg6773168)
[smooth blowing the lid: if miner was so de-optimized, then BCN adoption was even lower than initially thought]
-2123: (https://bitcointalk.org/index.php?topic=583449.msg6781481#msg6781481)
[fluffypony first public post in Monero threads]
-2131: "moneropool.org is up to 2KHs, (average of 26Hs per user). But that's still only 0.3% of the reported network rate of 575Khs.
So either a large botnet is mining, or someone's sitting quietly on a much more efficient miner and raking in MRO."
(https://bitcointalk.org/index.php?topic=583449.msg6782192#msg6782192)
[with pools users start to notice that “avg” users account for a very small % of the network hashrate, either botnets or a super-optimized miner is mining monero]
-2137: “I figure its either:
(https://bitcointalk.org/index.php?topic=583449.msg6782852#msg6782852)
-2192: “New source (0.8.8.1) is up with optimizations in the hashing. Hashrate should go up ~4x or so, but may have CPU architecture dependence. Windows binaries are up as well for both 64-bit and 32-bit."
(https://bitcointalk.org/index.php?topic=583449.msg6788812#msg6788812)
[eizh makes official announce of last miner optimization, it is may 17th]
-2219: (https://bitcointalk.org/index.php?topic=583449.msg6792038#msg6792038)
[wolf0 is part of the monero community for a while, discussing several topics as botnet mining and miner optimizations. Now spots security flaws in the just launched pools]
-2301: "5x optimized miner released, network hashrate decreases by 10% Make your own conclusions. :|"
(https://bitcointalk.org/index.php?topic=583449.msg6806946#msg6806946)
-2323: "Monero is on Poloniex https://poloniex.com/exchange/btc_mro"
(https://bitcointalk.org/index.php?topic=583449.msg6808548#msg6808548)
-2747: "Monero is holding a $500 logo contest on 99designs.com now: https://99designs.com/logo-design/contests/monero-mro-cryptocurrency-logo-design-contest-382486"
(https://bitcointalk.org/index.php?topic=583449.msg6829109#msg6829109)
-2756: “So... ALL Pools have 50KH/s COMBINED.
Yet, network hash is 20x more. Am i the only one who thinks that some people are insta mining with prepared faster miners?”
(https://bitcointalk.org/index.php?topic=583449.msg6829977#msg6829977)
-2757: “Pools aren't stable yet. They are more inefficient than solo mining at the moment. They were just released. 10x optimizations have already been released since launch, I doubt there is much more optimization left.”
(https://bitcointalk.org/index.php?topic=583449.msg6830012#msg6830012)
-2765: “Penalty for too large block size is disastrous in the long run.
Once MRO value increases a lot, block penalties will become more critical of an issue. Pools will fix this issue by placing a limit on number and size of transactions. Transaction fees will go up, because the pools will naturally accept the most profitable transactions. It will become very expensive to send with more than 0 mixin. Anonymity benefits of ring signatures are lost, and the currency becomes unusable for normal transactions.”
(https://bitcointalk.org/index.php?topic=583449.msg6830475#msg6830475)
-2773: "The CryptoNote developers didn't want blocks getting very large without genuine need for it because it permits a malicious attack. So miners out of self-interest would deliberately restrict the size, forcing the network to operate at the edge of the penalty-free size limit but not exceed it. The maximum block size is a moving average so over time it would grow to accommodate organic volume increase and the issue goes away. This system is most broken when volume suddenly spikes."
(https://bitcointalk.org/index.php?topic=583449.msg6830710#msg6830710)
-3035: "We've contributed a massive amount to the infrastructure of the coin so far, enough to get recognition from cryptonote, including optimizing their hashing algorithm by an order of magnitude, creating open source pool software, and pushing several commits correcting issues with the coin that eventually were merged into the ByteCoin master. We also assisted some exchange operators in helping to support the coin.
To say that has no value is a bit silly... We've been working alongside the ByteCoin devs to improve both coins substantially."
(https://bitcointalk.org/index.php?topic=583449.msg6845545#msg6845545)
[tacotime defends the Monero team and community of accusations of just “ripping-off” others hard-work and “steal” their project]
-3044: "image"
(https://bitcointalk.org/index.php?topic=583449.msg6845986#msg6845986)
[Monero added to coinmarketcap may 21st 2014]
-3059: "You have no idea how influential you have been to the success of this coin. You are a great ambassador for MRO and one of the reasons why I chose to mine MRO during the early days (and I still do, but alas no soup for about 5 days now)."
(https://bitcointalk.org/index.php?topic=583449.msg6846509#msg6846509)
[random user thanks smooth CONSTANT presence, and collaboration. It is not all FUD ;)]
-3068: "You are a little too caught up in the mindset of altcoin marketing wars about "unique features" and "the team" behind the latest pump and dump scam.
In fact this coin is really little more than BCN without the premine. "The team" is anyone who contributes code, which includes anyone contributing code to the BCN repository, because that will get merged as well (and vice-versa).
Focus on the technology (by all accounts amazing) and the fact that it was launched in a clean way without 80% of the total world supply of the coin getting hidden away "somewhere." That is the unique proposition here. There also happens to be a very good team behind the coin, but anyone trying too hard to market on the basis of some "special" features, team, or developer is selling you something. Hold on to your wallet."
(https://bitcointalk.org/index.php?topic=583449.msg6846638#msg6846638)
[An answer to those trolls saying Monero has no innovation/unique feature]
-3070: "Personally I found it refreshing that Monero took off WITHOUT a logo or a gui wallet, it means the team wasn't hyping a slick marketing package and is concentrating on the coin/note itself."
(https://bitcointalk.org/index.php?topic=583449.msg6846676#msg6846676)
-3119: “image
[included for the lulz]
-3101: "[…]The main developers are tacotime, smooth, NoodleDoodle. Some needs are being contracted out, including zone117x, LucasJones, and archit for the pool, another person for a Qt GUI, and another person independently looking at the code for bugs."
(https://bitcointalk.org/index.php?topic=583449.msg6848006#msg6848006)
[the initial "core team" so far, eizh post]
-3123: (https://bitcointalk.org/index.php?topic=583449.msg6850085#msg6850085)
[fluffy steps-in with an interesting dense post. Don’t dare to skip it, worthwhile reading]
-3127: (https://bitcointalk.org/index.php?topic=583449.msg6850526#msg6850526)
[fluffy again, worth to read it too, so follow link, don’t be lazy]
-3194: "Hi guys - thanks to lots of hard work we have added AES-NI support to the slow_hash function. If you're using an AES-NI processor you should see a speed-up of about 30%.”
(https://bitcointalk.org/index.php?topic=583449.msg6857197#msg6857197)
[flufflypony is now pretty active in the xmr topic and announces a new optimization to the crippled miner]
-3202: "Whether using pools or not, this coin has a lot of orphaned blocks. When the original fork was done, several of us advised against 60 second blocks, but the warnings were not heeded.
I'm hopeful we can eventually make a change to more sane 2- or 2.5-minute blocks which should drastically reduce orphans, but that will require a hard fork, so not that easy."
(https://bitcointalk.org/index.php?topic=583449.msg6857796#msg6857796)
[smooth takes the opportunity to remember the need of bigger target block]
-3227: “Okay, optimized miner seems to be working: https://bitcointalk.org/index.php?topic=619373”
[wolf0 makes public his open source optimized miner]
-3235: "Smooth, I agree block time needs to go back to 2 minutes or higher. I think this and other changes discussed (https://bitcointalk.org/index.php?topic=597878.msg6701490#msg6701490) should be rolled into a single hard fork and bundled with a beautiful GUI wallet and mining tools."
(https://bitcointalk.org/index.php?topic=583449.msg6861193#msg6861193)
[tail emission, block target and block size are discussed in the next few messages among smooth, johnny and others. If you want to know further about their opinions/reasonings go and read it]
-3268: (https://bitcointalk.org/index.php?topic=583449.msg6862693#msg6862693)
[fluffy dares another user to bet 5 btc that in one year monero will be over dash in market cap. A bet that he would have lost as you can see here https://coinmarketcap.com/historical/20150524/ even excluding the 2M “instamined” coins]
-3283: "Most of the previous "CPU only" coins are really scams and the developers already have GPU miner or know how to write one. There are a very few exceptions, almost certainly including this one.
I don't expect a really dominant GPU miner any time soon, maybe ever. GPUs are just computers though, so it is certainly possible to mine this on a GPU, and there probably will be a some GPU miner, but won't be so much faster as to put small scale CPU miners out of business (probably -- absent some unknown algorithmic flaw).
Everyone focuses on botnets because it has been so long since regular users were able to effectively mine a coin (due to every coin rapidly going high end GPU and ASIC) that the idea that "users" could vastly outnumber "miners" (botnet or otherwise) isn't even on the radar.
The vision here is a wallet that asks you when you want to install: "Do you want to devote some of you CPU power to help secure the network. You will be eligible to receive free coins as a reward (recommended) [check box]." Get millions of users doing that and it will drive down the value of mining to where neither botnets nor professional/industrial miners will bother, and Satoshi's original vision of a true p2p currency will be realized.
That's what cryptonote wants to accomplish with this whole "egalitarian mining" concept. Whether it succeeds I don't know but we should give it a chance. Those cryptonote guys seem pretty smart. They've probably thought this through better than any of us have."
(https://bitcointalk.org/index.php?topic=583449.msg6863720#msg6863720)
[smooth vision of a true p2p currency]
-3318: "I have a screen shot that was PMed to me by someone who paid a lot of money for a lot of servers to mine this coin. He won't be outed by me ever but he does in fact exist. Truth."
(https://bitcointalk.org/index.php?topic=583449.msg6865061#msg6865061)
[smooth somehow implies it is not botnets but an individual or a group of them renting huge cloud instances]
-3442: "I'm happy to report we've successfully cracked Darkcoin's network with our new quantum computers that just arrived from BFL, a mere two weeks after we ordered them."
[fluffy-troll]
-3481: “Their slogan is, "Orphaned Blocks, Bloated Blockchain, that's how we do""
(https://bitcointalk.org/index.php?topic=583449.msg6878244#msg6878244)
[Major FUD troll in the topic. One of the hardest I’ve ever seen]
-3571: "Tacotime wanted the thread name and OP to use the word privacy instead of anonymity, but I made the change for marketing reasons. Other coins do use the word anonymous improperly, so we too have to play the marketing game. Most users will not bother looking at details to see which actually has more privacy; they'll assume anonymity > privacy. In a world with finite population, there's no such thing as anonymity. You're always "1 of N" possible participants.
Zero knowledge gives N -> everyone using the currency, ring signatures give N -> your choice, and CoinJoin gives N -> people who happen to be spending around the same amount of money as you at around the same time. This is actually the critical weakness of CoinJoin: the anonymity set is small and it's fairly susceptible to blockchain analysis. Its main advantage is that you can stick to Bitcoin without hard forking.
Another calculated marketing decision: I made most of the OP about ring signatures. In reality, stealth addressing (i.e. one-time public keys) already provides you with 90% of the privacy you need. Ring signatures are more of a trump card that cannot be broken. But Bitcoin already has manual stealth addressing so the distinguishing technological factor in CryptoNote is the use of ring signatures.
This is why I think having a coin based on CoinJoin is silly: Bitcoin already has some privacy if you care enough. A separate currency needs to go way beyond mediocre privacy improvements and provide true indistinguishably. This is true thanks to ring signatures: you can never break the 1/N probability of guessing correctly. There's no additional circumstantial evidence like with CoinJoin (save for IP addresses, but that's a problem independent of cryptocurrencies)."
(https://bitcointalk.org/index.php?topic=583449.msg6883525#msg6883525)
[Anonymity discussions, specially comparing Monero with Darkcoin and its coinjoin-based solution, keep going on]
-3593: "Transaction fees should be a fixed percentage of the block reward, or at the very least not be controllable by the payer. If payers can optionally pay more then it opens the door for miner discrimination and tx fee bidding wars."
(https://bitcointalk.org/index.php?topic=583449.msg6886770#msg6886770)
[Johnny Mnemonic is a firm defender of fixed fees and tail emission: he see the “fee market” as big danger to the usability of cryptocurrencies]
-3986: (https://bitcointalk.org/index.php?topic=583449.msg6930412#msg6930412)
[partnership with i2p]
-4373: “Way, way faster version of cpuminer: https://bitcointalk.org/index.php?topic=619373”
(https://bitcointalk.org/index.php?topic=583449.msg6993812#msg6993812)
[super-optimized miner is finally leaked to the public. Now the hashrate is 100 times bigger than originally with crippled miner. The next hedge for "cloud farmers" is GPU mining]
-4877: “1. We have a logo! If you use Monero in any of your projects, you can grab a branding pack here. You can also see it in all its glory right here:
logo […] 4. In order to maintain ISO 4217 compliance, we are changing our ticker symbol from MRO to XMR effective immediately."
(https://bitcointalk.org/index.php?topic=583449.msg7098497#msg7098497)
[Jun 2nd 2014]
-5079: “First GPU miner: https://bitcointalk.org/index.php?topic=638915.0”
(https://bitcointalk.org/index.php?topic=583449.msg7130160#msg7130160)
[4th June: Claymore has developed the first CryptoNight open source and publicly available GPU miner]
-5454: "New update to my miner - up to 25% hash increase. Comment and tell me how much of an increase you got from it: https://bitcointalk.org/index.php?topic=632724"
(https://bitcointalk.org/index.php?topic=583449.msg7198061#msg7198061)
[miner optimization is an endless task]
-5464: "I have posted a proposal for fixed subsidy:
https://bitcointalk.org/index.php?topic=597878.msg7202538#msg7202538"
(https://bitcointalk.org/index.php?topic=583449.msg7202776#msg7202776)
[Nice charts and discussion proposed by tacotime, worth reading it]
-5658: "- New seed nodes added. - Electrum-style deterministic wallets have been added to help in the recovery of your wallet should you ever need to. It is enabled by default."
(https://bitcointalk.org/index.php?topic=583449.msg7234475#msg7234475)
[Now you can recover your wallet with a 24 word seed]
-5726: (https://bitcointalk.org/index.php?topic=583449.msg7240623#msg7240623)
[Bitcoin Pizza in monero version: a 2500 XMR picture sale (today worth ~$20k)]
-6905: (https://bitcointalk.org/index.php?topic=583449.msg7386715#msg7386715)
[Monero missives: CryptoNote peer review starts whitepaper reviewed)]
-7328: (https://bitcointalk.org/index.php?topic=583449.msg7438333#msg7438333)
[android monero widget built]
This is a dense digest of the first several thousand messages on the definitive Monero thread.
A lot of things happened in this stressful days and most are recorded here. It can be summarized in this:
  • 28th April: Othe and zone117x assume the GUI wallet and CN pools tasks.
  • 30th April: First NoodleDoodle's miner optimization.
  • 11th May: First Monero exchanger
  • 13th May: Open source pool code is ready.
  • 16th May: First pool mined block.
  • 19th May: Monero in poloniex
  • 20th May: Monero +1100 bitcoin 24h trading volume in Poloniex.
  • 21st May: New official miner optimization x4 speed (accumulated optimization x12-x16). Open source wolf0's CPU miner released.
  • 25th May: partnership with i2p
  • 28th May: The legendary super-optimized miner is leaked. Currently running x90 original speed. Hedge of the "cloud farmers" is over in the cpu mining.
  • 2nd June: Monero at last has a logo. Ticker symbol changes to the definitive XMR (former MRO)
  • 4th June: Claymore's open source GPU miner.
  • 10th June: Monero's "10,000 bitcoin pizza" (2500 XMR paintig). Deterministic seed-based wallets (recover wallet with a 24 word seed)
  • March 2015 – tail emission added to code
  • March 2016 – monero hard forks to 2 min block and doubles block reward
There basically two things in here that can be used to attack Monero:
  • Crippled miner Gave unfair advantage to those brave enough to risk money and time to optimize and mine Monero.
  • Fast curve emission non-bitcoin-like curve as initially advertised and as it was widely accepted as suitable
Though we have to say two things to support current Monero community and devs:
  • The crippled miner was coded either by Bytecoin or CryptoNote, and 100% solved within a month by Monero community
  • The fast curve emission was a TFT miscalculation. He forgot to consider that as he was halving the block target he was unintentionally doubling the emission rate.
submitted by el_hispano to Monero [link] [comments]

Vertcoin Talk: Episode 11 - September Development Update with James Lovejoy! How To Manually Adjust Difficulty Vertcoin One Click Miner How to mine Vertcoin VTC on pool How To Mine Orbitcoin ( Made Easy ) HD VertCoin VTC Mining Guide - Latest Lyra2REv3 POW Algo - Vertcoin Hardfork 2019

Mining Setup Bitcoin Comparison Community Specs ©Vertcoin 2020 - Genesis Block Jan 2014. Vertcoin is not funded nor controlled by any entity, it is simply an open source GPU Bitcoin variant that mirrors BTC development. VertCoin (VTC) was created in early 2014 to overcome concerns that the centralization of mining that has occurred with Bitcoin, has reduced the security of Bitcoin. VertCoin is advertised as being ASIC resistent and multipool resistant, although neither of these properties are actually possible.. References ↑ Charlton, Alistair (5 February 2014). Wissenswertes über Bitcoins Unser Bitcoin Chart zeigt Ihnen den aktuellen Bitcoin Kurs in Euro (Kürzel: BTC und XBT) sowie die Bitcoin Kursentwicklung (Bitcoincharts).Wenn Sie Bitcoins kaufen möchten, können Sie sich hier anmelden.In unseren Bitcoin.de FAQs und in unserem Tutorial "Mein erster Bitcoin" erfahren Sie, wie Sie Bitcoins verkaufen oder kaufen können. Vertcoin (VTC) ist eine Bitcoin-ähnliche Blockchain-Währung mit zusätzlichen Funktionen wie Stealth-Address-Technologie und ASIC-resistenter Proof-of-Work (PoW) -Funktion. Der Hauptunterschied zwischen Bitcoin und Vertcoin ist der Widerstand des letzteren gegen das zentralisierte Bergbau und das langfristige Versprechen der Vertcoin-Entwickler, dies auch so zu halten. Vertcoin price today is $0.343023 USD with a 24-hour trading volume of $5,902,378 USD. Vertcoin is up 4.36% in the last 24 hours. The current CoinMarketCap ranking is #362, with a market cap of $19,589,827 USD. It has a circulating supply of 57,109,447 VTC coins and a max. supply of 84,000,000 VTC coins. You can find the top exchanges to trade Vertcoin listed on our

[index] [29224] [47698] [1155] [44593] [13318] [10600] [762] [7658] [49961] [4350]

Vertcoin Talk: Episode 11 - September Development Update with James Lovejoy!

Multistreaming with https://restream.io/ Canen will be going over the September Development update with Vertcoin's Lead Developer James Lovejoy! Bring your questions! Vertcoin Development Update ... How to mine Vertcoin (VTC) on pool Explained in details how to mine Vertcoin (VTC) coin on pool. Useful Links: Official Website: Bitcointalk Forum: How to mi... Will VERTCOIN Go OVER $50 In 2018? My Social Media Facebook - https://goo.gl/dcs8Jh. Clickbank For Beginners: How To Make Money on Clickbank for Free (Step By Step 2020) - Duration: 22:47. Santrel Media Recommended for you VertCoin VTC Mining Guide - Latest Lyra2REv3 POW Algo - Vertcoin Hardfork 2019 In today's latest speculative coin mining series I go over the project Vertcoin. This Vertcoin mining guide will show ...

#