What a Bitcoin 'Reorg' Is and What Binance Has to Do With ...
Kava In the News
Kava "In The News" Media Tracker: This is a thread to track noteworthy Kava mentions within the news! This thread will not include "copy & paste" news - meaning, and article that was taken from somewhere else and republished. (Kava does like when that happens, but this thread is meant to track original stories only!)
Crypto News - The Cryptocurrency Informer - Episode 6
Have you listened to the latest news in the crypto space? The Cryptocurrency Informer Podcast - A quick, bite-size crypto news podcast published every Friday. This week we’ll be talking about Brave’s integration with Binance, a potentially frightening revelation for Xiaomi smartphone and web browser users, and how cryptocurrency may be thriving during the coronavirus pandemic. Enjoy the Episode
Have you listened to the latest news in the crypto space?
The Cryptocurrency Informer Podcast - This week we’ll be talking about Brave’s integration with Binance, a potentially frightening revelation for Xiaomi smartphone and web browser users, and how cryptocurrency may be thriving during the coronavirus pandemic. Enjoy the Episode
05-04 18:24 - 'Have you listened to the latest news in the crypto space?' (self.Bitcoin) by /u/IsaN-BitcoinTax removed from /r/Bitcoin within 114-124min
''' The Cryptocurrency Informer Podcast - This week we’ll be talking about Brave’s integration with Binance, a potentially frightening revelation for Xiaomi smartphone and web browser users, and how cryptocurrency may be thriving during the coronavirus pandemic. Enjoy the [Episode]1 [link]2 ''' Have you listened to the latest news in the crypto space? Go1dfish undelete link unreddit undelete link Author: IsaN-BitcoinTax 1: *alk.bi*coin*ta**th*-*r*p*ocurrency-i**orme*p*0200501* 2: pre*i*w.redd*it/0*tpnp*c*r*41.pn*?width=2*0*&**p;*o*mat**ng&a*p;au**=***p&s=f7*a*fe7*fc3fba8*d29*fb*b9*b8216*38e1412 Unknown links are censored to prevent spreading illicit content.
Mine began Feb 2019. I began receiving communications with whom I thought were neghibors talking or yelling at me from either outside or on my roof or in my attic. The Communicators claimed to be everyone including NSA FBI FDLE DOD DOHS to scientologists which I know nothing about. They convinced me that I was going to get paid a large amount of Bitcoin if I told the psych doctors I was hearing voices (which I am via live communications). I was given various meds which had no effect whatsoever on the nonstop laughter or communications. Upon release from the facility in Florida I immediately got on a plane to Washington State. During flight 33k feet in air over Kansas the communications were staticy, I could turn my right ear upwards and it would semi pop and all communications would cease.. When I would level my head my ear would pop and communions immediately return.. They are just as happy if not more so and interested me being in Washington smh..They make claims that they IMMEDIATELY prove that they"can make my dick get hard with the push of a button." My Binance and Bitrue cryptocurrency accounts have been hacked and passwords changed. There are unauthorized ip addresses listed on my Binance account originating in New Orleans LA and Fort Lauderdale FL. Neither do I have"known" tangible relationships in either place. I have reported all of this to every federal agency in the damn federal online directory and have received not even a response. Their testing has moved to a more docile strange relationship of sorts. Interesting though that I'm actually able to share my life and all my experiences with someone.. Even though they are stolen not shared it is what it is. Best advice I can give is learn to trust yourself and the decisions you make because they will do everything to attempt to make you doubt yourself and your decisions. Be strong ride the wave read Revelations and know that all that's meant to be will be. Anyone that knows of active lawsuits or happenings or solutions feel free to email me at [email protected]
A couple of years ago in the early months of the 2017, I published a piece called Abundance Via Cryptocurrencies (https://www.reddit.com/C\_S\_T/comments/69d12a/abundance\_via\_cryptocurrencies/) in which I kind of foresaw the crypto boom that had bitcoin go from $1k to $21k and the alt-coin economy swell up to have more than 60% of the bitcoin market capitalisation. At the time, I spoke of coming out from “the Pit” of conspiracy research and that I was a bit suss on bitcoin’s inception story. At the time I really didn’t see the scaling solution being put forward as being satisfactory and the progress on bitcoin seemed stifled by the politics of the social consensus on an open source protocol so I was looking into alt coins that I thought could perhaps improve upon the shortcomings of bitcoin. In the thread I made someone recommended to have a look at 4chan’s business and finance board. I did end up taking a look at it just as the bull market started to really surge. I found myself in a sea of anonymous posters who threw out all kinds of info and memes about the hundreds, thousands, tens of thousands of different shitcoins and why they’re all going to have lambos on the moon. I got right in to it, I loved the idea of filtering through all the shitposts and finding the nuggest of truth amongst it all and was deeply immersed in it all as the price of bitcoin surged 20x and alt coins surged 5-10 times against bitcoin themselves. This meant there were many people who chucked in a few grand and bought a stash of alt coins that they thought were gonna be the next big thing and some people ended up with “portfolios” 100-1000x times their initial investment. To explain what it’s like to be on an anonymous business and finance board populated with incel neets, nazis, capitalist shit posters, autistic geniuses and whoever the hell else was using the board for shilling their coins during a 100x run up is impossible. It’s hilarious, dark, absurd, exciting and ultimately addictive as fuck. You have this app called blockfolio that you check every couple of minutes to see the little green percentages and the neat graphs of your value in dollars or bitcoin over day, week, month or year. Despite my years in the pit researching conspiracy, and my being suss on bitcoin in general I wasn’t anywhere near as distrustful as I should have been of an anonymous business and finance board and although I do genuinely think there are good people out there who are sharing information with one another in good faith and feel very grateful to the anons that have taken their time to write up quality content to educate people they don’t know, I wasn’t really prepared for the level of organisation and sophistication of the efforts groups would go to to deceive in this space. Over the course of my time in there I watched my portfolio grow to ridiculous numbers relative to what I put in but I could never really bring myself to sell at the top of a pump as I always felt I had done my research on a coin and wanted to hold it for a long time so why would I sell? After some time though I would read about something new or I would find out of dodgy relationships of a coin I had and would want to exit my position and then I would rebalance my portfolio in to a coin I thought was either technologically superior or didn’t have the nefarious connections to people I had come across doing conspiracy research. Because I had been right in to the conspiracy and the decentralisation tropes I guess I always carried a bit of an antiauthoritarian/anarchist bias and despite participating in a ridiculously capitalistic market, was kind of against capitalism and looking to a blockchain protocol to support something along the lines of an open source anarchosyndicalist cryptocommune. I told myself I was investing in the tech and believed in the collective endeavour of the open source project and ultimately had faith some mysterious “they” would develop a protocol that would emancipate us from this debt slavery complex. As I became more and more aware of how to spot artificial discussion on the chans, I began to seek out further some of the radical projects like vtorrent and skycoin and I guess became a bit carried away from being amidst such ridiculous overt shilling as on the boards so that if you look in my post history you can even see me promoting some of these coins to communities I thought might be sympathetic to their use case. I didn’t see it at the time because I always thought I was holding the coins with the best tech and wanted to ride them up as an investor who believed in them, but this kind of promotion is ultimately just part of a mentality that’s pervasive to the cryptocurrency “community” that insists because it is a decentralised project you have to in a way volunteer to inform people about the coin since the more decentralised ones without premines or DAO structures don’t have marketing budgets, or don’t have marketing teams. In the guise of cultivating a community, groups form together on social media platforms like slack, discord, telegram, twitter and ‘vote’ for different proposals, donate funds to various boards/foundations that are set up to give a “roadmap” for the coins path to greatness and organise marketing efforts on places like reddit, the chans, twitter. That’s for the more grass roots ones at least, there are many that were started as a fork of another coin, or a ICO, airdrop or all these different ways of disseminating a new cryptocurrency or raising funding for promising to develop one. Imagine the operations that can be run by a team that raised millions, hundreds of millions or even billions of dollars on their ICOs, especially if they are working in conjunction with a new niche of cryptocurrency media that’s all nepotistic and incestuous. About a year and a half ago I published another piece called “Bitcoin is about to be dethroned” (https://www.reddit.com/C\_S\_T/comments/7ewmuu/bitcoin\_is\_about\_to\_be\_dethroned/) where I felt I had come to realise the scaling debate had been corrupted by a company called Blockstream and they had been paying for social media operations in a fashion not to dissimilar to correct the record or such to control the narrative around the scaling debate and then through deceit and manipulation curated an apparent consensus around their narrative and hijacked the bitcoin name and ticker (BTC). I read the post again just before posting this and decided to refer to it to to add some kind of continuity to my story and hopefully save me writing so much out. Looking back on something you wrote is always a bit cringey especially because I can see that although I had made it a premise post, I was acting pretty confident that I was right and my tongue was acidic because of so much combating of shills on /biz/ but despite the fact I was wrong about the timing I stand by much of what I wrote then and want to expand upon it a bit more now. The fork of the bitcoin protocol in to bitcoin core (BTC) and bitcoin cash (BCH) is the biggest value fork of the many that have occurred. There were a few others that forked off from the core chain that haven’t had any kind of attention put on them, positive or negative and I guess just keep chugging away as their own implementation. The bitcoin cash chain was supposed to be the camp that backed on chain scaling in the debate, but it turned out not everyone was entirely on board with that and some players/hashpower felt it was better to do a layer two type solution themselves although with bigger blocks servicing the second layer. Throughout what was now emerging as a debate within the BCH camp, Craig Wright and Calvin Ayre of Coin Geek said they were going to support massive on chain scaling, do a node implementation that would aim to restore bitcoin back to the 0.1.0 release which had all kinds of functionality included in it that had later been stripped by Core developers over the years and plan to bankrupt the people from Core who changed their mind on agreeing with on-chain scaling. This lead to a fork off the BCH chain in to bitcoin satoshis vision (BSV) and bitcoin cash ABC. https://bitstagram.bitdb.network/m/raw/cbb50c322a2a89f3c627e1680a3f40d4ad3cee5a3fb153e5d6d001bdf85de404 The premise for this post is that Craig S Wright was Satoshi Nakamoto. It’s an interesting premise because depending upon your frame of reference the premise may either be a fact or to some too outrageous to even believe as a premise. Yesterday it was announced via CoinGeek that Craig Steven Wright has been granted the copyright claim for both the bitcoin white-paper under the pen name Satoshi Nakamoto and the original 0.1.0 bitcoin software (both of which were marked (c) copyright of satoshi nakamoto. The reactions to the news can kind of be classified in to four different reactions. Those who heard it and rejected it, those who heard it but remained undecided, those who heard it and accepted it, and those who already believed he was. Apparently to many the price was unexpected and such a revelation wasn’t exactly priced in to the market with the price immediately pumping nearly 100% upon the news breaking. However, to some others it was a vindication of something they already believed. This is an interesting phenomena to observe. For many years now I have always occupied a somewhat positively contrarian position to the default narrative put forward to things so it’s not entirely surprising that I find myself in a camp that holds the minority opinion. As you can see in the bitcoin dethroned piece I called Craig fake satoshi, but over the last year and bit I investigated the story around Craig and came to my conclusion that I believed him to be at least a major part of a team of people who worked on the protocol I have to admit that through reading his articles, I have kind of been brought full circle to where my contrarian opinion has me becoming somewhat of an advocate for “the system’. https://coingeek.com/bitcoin-creator-craig-s-wright-satoshi-nakamoto-granted-us-copyright-registrations-for-bitcoin-white-paper-and-code/ When the news dropped, many took to social media to see what everyone was saying about it. On /biz/ a barrage of threads popped up discussing it with many celebrating and many rejecting the significance of such a copyright claim being granted. Immediately in nearly every thread there was a posting of an image of a person from twitter claiming that registering for copyright is an easy process that’s granted automatically unless challenged and so it doesn’t mean anything. This was enough for many to convince them of the insignificance of the revelation because of the comment from a person who claimed to have authority on twitter. Others chimed in to add that in fact there was a review of the copyright registration especially in high profile instances and these reviewers were satisfied with the evidence provided by Craig for the claim. At the moment Craig is being sued by Ira Kleiman for an amount of bitcoin that he believes he is entitled to because of Craig and Ira’s brother Dave working together on bitcoin. He is also engaged in suing a number of people from the cryptocurrency community for libel and defamation after they continued to use their social media/influencer positions to call him a fraud and a liar. He also has a number of patents lodged through his company nChain that are related to blockchain technologies. This has many people up in arms because in their mind Satoshi was part of a cypherpunk movement, wanted anonymity, endorsed what they believed to be an anti state and open source technologies and would use cryptography rather than court to prove his identity and would have no interest in patents. https://bitstagram.bitdb.network/m/raw/1fce34a7004759f8db16b2ae9678e9c6db434ff2e399f59b5a537f72eff2c1a1 https://imgur.com/a/aANAsL3) If you listen to Craig with an open mind, what cannot be denied is the man is bloody smart. Whether he is honest or not is up to you to decide, but personally I try to give everyone the benefit of the doubt and then cut them off if i find them to be dishonest. What I haven’t really been able to do with my investigation of craig is cut him off. There have been many moments where I disagree with what he has had to say but I don’t think people having an opinion about something that I believe to be incorrect is the same as being a dishonest person. It’s very important to distinguish the two and if you are unable to do so there is a very real risk of you projecting expectations or ideals upon someone based off your ideas of who they are. Many times if someone is telling the truth but you don’t understand it, instead of acknowledging you don’t understand it, you label them as being stupid or dishonest. I think that has happened to an extreme extent with Craig. Let’s take for example the moment when someone in the slack channel asked Craig if he had had his IQ tested and what it was. Craig replied with 179. The vast majority of people on the internet have heard someone quote their IQ before in an argument or the IQ of others and to hear someone say such a score that is actually 6 standard deviations away from the mean score (so probably something like 1/100 000) immediately makes them reject it on the grounds of probability. Craig admits that he’s not the best with people and having worked with/taught many high functioning people (sometimes on the spectrum perhaps) on complex anatomical and physiological systems I have seen some that also share the same difficulties in relating to people and reconciling their genius and understandings with more average intelligences. Before rejecting his claim outright because we don’t understand much of what he says, it would be prudent to first check is there any evidence that may lend support to his claim of a one in a million intelligence quotient. Craig has mentioned on a number of occasions that he holds a number of different degrees and certifications in relation to law, cryptography, statistics, mathematics, economics, theology, computer science, information technology/security. I guess that does sound like something someone with an extremely high intelligence could achieve. Now I haven’t validated all of them but from a simple check on Charles Sturt’s alumni portal using his birthday of 23rd of October 1970 we can see that he does in fact have 3 Masters and a PhD from Charles Sturt. Other pictures I have seen from his office at nChain have degrees in frames on the wall and a developer published a video titled Craig Wright is a Genius with 17 degrees where he went and validated at least 8 of them I believe. He is recently publishing his Doctorate of Theology through an on-chain social media page that you have to pay a little bit for access to sections of his thesis. It’s titled the gnarled roots of creation. He has also mentioned on a number of occasions his vast industry experience as both a security contractor and business owner. An archive from his LinkedIn can be seen below as well. LinkedIn - https://archive.is/Q66Gl https://youtu.be/nXdkczX5mR0 - Craig Wright is a Genius with 17 Degrees https://www.yours.org/content/gnarled-roots-of-a-creation-mythos-45e69558fae0 - Gnarled Roots of Creation. In fact here is an on chain collection of articles and videos relating to Craig called the library of craig - https://www.bitpaste.app/tx/94b361b205196560d1bd09e4e3b3ec7ad6bea478af204cabfe243efd8fc944dd So there is a guy with 17 degrees, a self professed one in a hundred thousand IQ, who’s worked for Australian Federal Police, ASIO, NSA, NASA, ASX. He’s been in Royal Australian Air Force, operated a number of businesses in Australia, published half a dozen academic papers on networks, cryptography, security, taught machine learning and digital forensics at a number of universities and then another few hundred short articles on medium about his work in these various domains, has filed allegedly 700 patents on blockchain related technology that he is going to release on bitcoin sv, copyrighted the name so that he may prevent other competing protocols from using the brand name, that is telling you he is the guy that invented the technology that he has a whole host of other circumstantial evidence to support that, but people won’t believe that because they saw something that a talking head on twitter posted or that a Core Developer said, or a random document that appears online with a C S Wright signature on it that lists access to an address that is actually related to Roger Ver, that’s enough to write him off as a scam. Even then when he publishes a photo of the paper copy which appears to supersede the scanned one, people still don’t readjust their positions on the matter and resort back to “all he has to do is move the coins or sign a tx”. https://imgur.com/urJbe10 Yes Craig was on the Cypherpunk mailing list back in the day, but that doesn’t mean that he was or is an anarchist. Or that he shares the same ideas that Code Is Law that many from the crypto community like to espouse. I myself have definitely been someone to parrot the phrase myself before reading lots of Craig’s articles and trying to understand where he is coming from. What I have come to learn from listening and reading the man, is that although I might be fed up with the systems we have in place, they still exist to perform important functions within society and because of that the tools we develop to serve us have to exist within that preexisting legal and social framework in order for them to have any chance at achieving global success in replacing fiat money with the first mathematically provably scarce commodity. He says he designed bitcoin to be an immutable data ledger where everyone is forced to be honest, and economically disincentivised to perform attacks within the network because of the logs kept in a Write Once Read Many (WORM) ledger with hierarchical cryptographic keys. In doing so you eliminate 99% of cyber crime, create transparent DAO type organisations that can be audited and fully compliant with legislature that’s developed by policy that comes from direct democratic voting software. Everyone who wants anonymous coins wants to have them so they can do dishonest things, illegal things, buy drugs, launder money, avoid taxes. Now this triggers me a fair bit as someone who has bought drugs online, who probably hasn’t paid enough tax, who has done illegal things contemplating what it means to have that kind of an evidence ledger, and contemplate a reality where there are anonymous cryptocurrencies, where massive corporations continue to be able to avoid taxes, or where methamphetamine can be sold by the tonne, or where people can be bought and sold. This is the reality of creating technologies that can enable and empower criminals. I know some criminals and regard them as very good friends, but I know there are some criminals that I do not wish to know at all. I know there are people that do horrific things in the world and I know that something that makes it easier for them is having access to funds or the ability to move money around without being detected. I know arms, drugs and people are some of the biggest markets in the world, I know there is more than $50 trillion dollars siphoned in to off shore tax havens from the value generated as the product of human creativity in the economy and how much human charity is squandered through the NGO apparatus. I could go on and on about the crappy things happening in the world but I can also imagine them getting a lot worse with an anonymous cryptocurrency. Not to say that I don’t think there shouldn’t be an anonymous cryptocurrency. If someone makes one that works, they make one that works. Maybe they get to exist for a little while as a honeypot or if they can operate outside the law successfully longer, but bitcoin itself shouldn’t be one. There should be something a level playing field for honest people to interact with sound money. And if they operate within the law, then they will have more than adequate privacy, just they will leave immutable evidence for every transaction that can be used as evidence to build a case against you committing a crime. His claim is that all the people that are protesting the loudest about him being Satoshi are all the people that are engaged in dishonest business or that have a vested interest in there not being one singular global ledger but rather a whole myriad of alternative currencies that can be pumped and dumped against one another, have all kinds of financial instruments applied to them like futures and then have these exchanges and custodial services not doing any Know Your Customer (KYC) or Anti Money Laundering (AML) processes. Bitcoin SV was delisted by a number of exchanges recently after Craig launched legal action at some twitter crypto influencetalking heads who had continued to call him a fraud and then didn’t back down when the CEO of one of the biggest crypto exchanges told him to drop the case or he would delist his coin. The trolls of twitter all chimed in in support of those who have now been served with papers for defamation and libel and Craig even put out a bitcoin reward for a DOX on one of the people who had been particularly abusive to him on twitter. A big european exchange then conducted a twitter poll to determine whether or not BSV should be delisted as either (yes, it’s toxic or no) and when a few hundred votes were in favour of delisting it (which can be bought for a couple of bucks/100 votes). Shortly after Craig was delisted, news began to break of a US dollar stable coin called USDT potentially not being fully solvent for it’s apparent 1:1 backing of the token to dollars in the bank. Binance suffered an alleged exchange hack with 7000 BTC “stolen” and the site suspending withdrawals and deposits for a week. Binance holds 800m USDT for their US dollar markets and immediately once the deposits and withdrawals were suspended there was a massive pump for BTC in the USDT markets as people sought to exit their potentially not 1:1 backed token for bitcoin. The CEO of this exchange has the business registered out of Malta, no physical premises, the CEO stays hotel room to hotel room around the world, has all kind of trading competitions and the binance launchpad, uses an unregistered security to collect fees ($450m during the bear market) from the trading of the hundreds of coins that it lists on its exchange and has no regard for AML and KYC laws. Craig said he himself was able to create 100 gmail accounts in a day and create binance accounts with each of those gmail accounts and from the same wallet, deposit and withdraw 1 bitcoin into each of those in one day ($8000 x 100) without facing any restrictions or triggering any alerts or such. This post could ramble on for ever and ever exposing the complexities of the rabbit hole but I wanted to offer some perspective on what’s been happening in the space. What is being built on the bitcoin SV blockchain is something that I can only partially comprehend but even from my limited understanding of what it is to become, I can see that the entirety of the crypto community is extremely threatened as it renders all the various alt coins and alt coin exchanges obsolete. It makes criminals play by the rules, it removes any power from the developer groups and turns the blockchain and the miners in to economies of scale where the blockchain acts as a serverless database, the miners provide computational resources/storage/RAM and you interact with a virtual machine through a monitor and keyboard plugged in to an ethernet port. It will be like something that takes us from a type 0 to a type 1 civilisation. There are many that like to keep us in the quagmire of corruption and criminality as it lines their pockets. Much much more can be read about the Cartel in crypto in the archive below. Is it possible this cartel has the resources to mount such a successful psychological operation on the cryptocurrency community that they manage to convince everyone that Craig is the bad guy, when he’s the only one calling for regulation, the application of the law, the storage of immutable records onchain to comply with banking secrecy laws, for Global Sound Money? https://archive.fo/lk1lH#selection-3671.46-3671.55 Please note, where possible, images were uploaded onto the bitcoin sv blockchain through bitstagram paying about 10c a pop. If I wished I could then use an application etch and archive this post to the chain to be immutably stored. If this publishing forum was on chain too it would mean that when I do the archive the images that are in the bitstragram links (but stored in the bitcoin blockchain/database already) could be referenced in the archive by their txid so that they don’t have to be stored again and thus bringing the cost of the archive down to only the html and css.
Atomic Swaps: Changelly Vs Shapeshift Vs Changenow Vs Fairlay Shift Exchange.
Centralized Crypto Exchanges are on the verge of elimination largely due to the evolution of Instant/Atomic swaps in the crypto space. If you find large, centralized crypto exchanges awkward, perplexing or frustrating to use, then you are not alone. Although centralized crypto exchanges provide a wide variety of supported digital currencies, they are often vulnerable to service interruptions caused by large transaction volumes, technical problems, and cyber-attacks. Recently, almost $30 million was lost in the Bithumb Exchange hack. Additionally, in July this year, Binance, a giant global crypto exchange, put off trading for some hours because of “atypical trading” activity they considered suspicious. Lastly, even if everything is working well, there is the user experience to ponder about. Centralized crypto exchanges naturally demand clients to provide their detailed personal information, not forgetting headshots and photos of delicate documents like Driving Licenses and Passports to conform to the KYC/AML requirements. For those longing to enjoy their rights to privacy on these services, kindly keep off. Such kind of awkward, perplexing and frustrating experiences are thought to make some traders and investors pull out of the crypto world. Because of that, instant exchanges like Changelly, Shapeshift, Changenow and the Fairlay Shift were invented. Instead of storing your crypto assets, these instant exchanges link directly your hardware or software wallet and enables you to swap one digital currency for another without taking them out of your wallet first. This is more safe, private and convenient. Now, let us compare the features and supported coins of these instant exchanges. Shapeshift It is an inventive method of swapping cryptocurrencies. Shapeshift allows users to do the whole exchange within 10 seconds without the need of setting up an account. You basically pick the currency you want to exchange and the cryptocurrency you want to receive. The main feature of Shapeshift is that it has been developed basically to be incorporated into other services via API. This means that, from the viewpoint of an average customer, it is not directly a crypto exchange, rather an invention that is now being incorporated to various wallets enabling a user to create an account in various cryptocurrencies. It is good to note that Shapeshift has its flaws/limits too. First, it is advisable not surpass the amount of the Deposit limit. Else, the sent amount will be declined and sent back to the address from which they were sent. Small deposits of less than $0.10 might also be rejected and refunded minus any charge. Besides, for every cryptocurrency, Shapeshift has a specified upper limit, which is required to avoid a reserve balance of that coin. Changelly Changelly is a common exchange founded in 2013 in Prague by the same founders who started MinerGate mining pool. The site has over one million customers and it has a simple user interface and provides a convenient way to buy and sell cryptocurrencies. The “slippery” side of this platform is that the amount available when you make a transaction request in the “You Get” form may contrast from the actual sum that you will finally receive. Apart from digital currencies, Changelly also facilitates local currency exchange using Visa or MasterCard. Changelly charges a constant transaction fee of 0.5%. However, it is good to point out that the rate for swapping digital currencies with local currencies is very high due to the need for third-party services for these transactions. Fairlay Shift Exchange This platform is hosted by Fairlay.com, an open Bitcoin (BTC) Prediction Market. One of the key features of the Fairlay Shift service is that they facilitate swaps from and to BTC through ETH, DASH, LTC, and BCH. Currently, Fairlay doesn’t charge any fee for using the Shift Exchange service, except for the transaction charges paid to be blockchain and the spread between ask and bid orders, which is normally between 0.1 – 0.5%. This makes the Shift Exchange the cheapest service provider compared to other exchange services. The Fairlay Shift Exchange transaction charges have been labelled to be as low as the network allows and MUCH lower than any other exchange and highly competitive. Another stronghold of this exchange service is that, unlike Changelly and Shapeshift, the exact minimum and maximum amounts are shown transparently on the Status Deposit page. The site also has the lowest lower limits, for instance, you can swap 0.00003 DASH. How the Shift Exchange Precise Mode Works All orders are executed out in quick mode by default. This is the fastest option the company can provide. The amount deposited will be instantly be converted at the real-time market rate and directly deposited in the receiver address. The entire process takes less than a second once the deposited amount arrives and are established, which may take a bit longer. Precise Mode functions differently from this and will certify that the EXACT amount one desires to obtain is swapped. This is important especially in cases that demand exact bills and orders, where a customer wants to ensure only the required amount is exchanged and sent. Changenow Changenow is another new, but very successful exchange that seeks to simplify the exchange of cryptocurrencies as much as possible. It was launched in September 2017 and made a giant leap with the release of Bitcoin Gold (November 12th, 2017), and became the first exchange to work with this cryptocurrency. This led to a turnover of $1 million in just one day. Changenow has a very simple interface which even a child can understand. All you have to do is specify the amount and the coin you want to send, as well as the coin you want to receive. Next, specify the wallet where you want to receive the money and pay the order. Everything happens automatically, and before confirming the application, you can immediately see how much the commission will be and how much money you get as a result. The commission is stable – 0.5% regardless of the volume or load of the system. We should also note the speed of the transactions –Changenow states that usually a transaction is performed within 5-15 minutes. Conclusion The instant swap services are a step in the right direction but cutting out the third-party middlemen altogether is the ultimate goal. The original concept was a trustless transaction between two people without a custodian holding the funds in between. That was the revelation. And then what did we do? We went straight back to the traditional banking model where we trust people we don't know to look after our money for us. Then the exchanges lost that money, just like the banks do. Stupid human nature, ever repeating the mistakes of the past. So at least the Fairlay Shift, Changelly, Shapeshift, and Changenow is an improvement on that. Considering the length of processing a transaction and the costs of the services, I strongly recommend people to try out the Fairlay Shift Exchange. The service is super-fast, and the transaction costs are zero. Try it out here and thank me later.
23rd July: Weekly Community Newsletter for Anonymous Bitcoin - Sixth Ed.
Anonymous Bitcoin Community Herald Edition 6
Editorial It has been a very busy week, and happily, Bitcoin is looking healthy. A few weeks ago, there was speculation of BTC falling to 2-3K USD. That looks pretty unlikely now, as the price has been fairly steady at 7.3-7.7K USD for most of the last week. A healthy BTC price gives the general cryptocurrency market confidence. ZCL has steadily sat at $8+US, with a big spike in volume occurring over the last few days. A special mention of an Anonymous Bitcoin admin is deserved: Brad Pat now has his German language website linked to the official ANON website. Clicking through 'Languages' and 'German' will take you to the site designed and created by Brad Pat himself: 'http://anonymousbitcoin.de/'. Congratulations Brad Pat! It looks great, is an inspiration, and it is a nice example of how an individual can uniquely support something they feel passionate about. A repeat from last week: Why not get into mastersternodes? Passive income from a masternode should be a part of every crypto-investors' strategy. Anonymous Bitcoin is making it accessible for everyone. WTF is masternodes ? (Check out some basics!). Additionally, have a look at @XeZZoR's medium article to clear up some misconceptions about masternodes. Thought for the week: Absorb what is useful, discard what is useless and add what is specifically your own. – Bruce Lee The next edition of this newsletter will be available 30th July, covering the week of the 23rd July to 29th July, 2018. Important Announcements and Developments A few days ago, we had a new video release from ANON featuring Sam and the development team. This video was packed with information and insights into the project. If you have not watched it yet, take some time to appreciate the hard work going into this fork: Behind the code. Spoiler alert! Among the many gems in this video is the revelation that the developers have produced a stable alpha 'testnet'. The August 10th live testnest deadline looks like it will be yet another milestone achieved by the Anonymous Bitcoin team – on time. Also covered was the important subject of ASIC resistance, and we heard that ANON's equihash variant is in alpha and is continuing to be tested for functionality. Lastly I will reveal that in the video was the beta Java wallet, being worked on by Kevin. Something I will let you all discover for yourselves is what Sam thinks no other dev team has done (clue – its near the start of the video). A big thanks to the team for giving us this unique insight into the complicated process that is being executed so well. It certainly is very far from a mere 'cut-and-paste' exercise that some pundits ignorantly suppose. Jake the Crypto King has begun (and likely finished by now) the application process to have ANON listed on cryptocurrency exchanges. As we know from official statements, multiple top 10 exchanges are targeted. Of particular interest to most: the Binance application has been submitted. Even though this exchange is notoriously strict about what a coin may say about their application, it is acceptable to state that an application has in fact been submitted. Listing on this exchange is arguably the goal of all coins, as it is the most popular platform and has the largest volume. Equally important, too, are the other applications. They are cumulatively integral to the success of Anonymous Bitcoin, and we all await the results. Bounty Winners Last weeks merchandise winners were : Darthcrypto and @sov_an If you want to look as good as Darthcrypto, you can purchase your own Anonymous Bitcoin merch at teepublic – or get involved in the community and win it! Congratulations to our weekly BEST COMMENT winners (3 ZCL) Week ending JULY 15, 2018- Twitter: @hossamhafez Youtube: @ReneSchmidtBerlin Reddit: @Michal_Dubsky Remember, it is easy to be in the running for this. Simply register and write a comment on our socials. No fuss. Minor Updates and 'Links of the Week' After the success of the ANON campaign with PaidThru last week, this last weekend saw a new twitter campaign run and won. The simple aim was to have 111 re-tweets go out, and ZCL was awarded to random participants. Will this be a weekly occurence? Stay tuned to find out.... Now live are Arabic, Czech, Dutch, French, Russian, Mandarin, Korean and Turkish versions of the Anonymous Bitcoin website. Thanks to our community members for making the translations. As mentioned earlier, the German link goes direct to Brad Pat's ANON German website. More translations will be added in the not-too-distant future. On the 18th of July 2018, the Paris Blockchain and Bitcoin conference was held, and Jake was in attendance. Although Anonymous Bitcoin is completely self-funded, a donation address has been released. Go to twitter @ANON_BTC for the ZCL and BTC addresses if you would like to donate, or just check on the prescence of the funding specified in the whitepaper (11,000+ ZCL ). It is good practice to verify these addresses yourself from official sources. Importantly, the use of the funds in these wallets will be decided by the masternode-holder's votes (i.e. YOU!). A brief video (made by a community member) featuring the ANON team, Jake the Crypto King in networking mode, and also some of the bounty entries is available for viewing on reddit. If you want to quickly catch up on what has been happening, or review ANON's story so far, this is a good 2-3 minute way to do it. Any price discussion of Anonymous Bitcoin or ZCL is forbidden on the official channels. The community has, however, set up their own channel to explore their expectations. https://t.me/anonymousbitcoinPP The Week Ahead
The ZCL bounty giveaways continue unabated.
Sam has indicated that he is currently working through some numbers to release in relation to masternode operation. Note: It is unlikely that changes will be made, the release is for the purpose of setting at ease the minds of some members of the community that have expressed reservations about the masternode technicalities.
Possible new twitter campaign / ZCL giveaway next weekend.
Beautiful Gardens To Visit This Spring Season By Booking Your Flights Using Cryptocurrency
“Flowers always make people better, happier, and more helpful; they are sunshine, food, and medicine for the soul.” Luther Burbank Artfully designed hedges, endless fields of flowers, and water fountains make the world’s most beautiful gardens that come alive during the spring season. Find tranquillity during your next vacation by wandering through the beautiful green paths surrounded by the aroma of beautiful flowers. If you’re a green-thumbed garden enthusiast or admire nature in its beautiful form here are 3 of the most admired gardens around the world by booking your flights with cryptocurrency. https://preview.redd.it/5vibq7efz7n21.jpg?width=940&format=pjpg&auto=webp&s=13d30bfe4aa4aa7f7a69865c0f2a9c6ea9abb61c 1.The tulip gardens of Kenrokuen, Kanazawa, Japan The 17th-century garden was fashioned in 1629 by Mito Yorifusa. It has a spring partake of cherry blossom viewing which is a 1,000-year-old Japanese tradition. Rest under the cherry trees, paddle a swan boat, or revel in the festive celebrations by booking your flights using cryptocurrency. 2. The royal botanical gardens of Kew, United Kingdom More than a beautiful green space, the 300 acres are dedicated to the research of botany and the cultivation of natural beauty. Observe the smallest waterlily species at the marvelous Victorian glasshouses, walk through a historical palace, admire the botanical paintings or dine in the Orangery in this living UNESCO gem. 3. The oasis at Marrakech, Morocco Travel back in time by visiting the 800-year-old Adgal gardens. Travel in a horse-drawn carriage, rest under the shade of olive trees, feed massive carp in the expansive square pond, smell the date palms and citrus groves while walking around the central pool. Visit the beautiful gardens of the world by booking your flights using cryptocurrencies such as bitcoin, XCELToken, DDPT, Binance, Ethereum and many more. Go to the beautiful gardens this spring break with XcelTrip.
“We are working with a number of other partners,” Zhao said. “[With] xRapid, there’s nothing going on right now. But in the future, we definitely want to add them as a partner.”
XRapid is a Ripple product that uses its native XRP cryptocurrency to provide real-time liquidity and reduce the capital requirements necessary for financial institutions to operate in emerging markets.
CHANGPENG ZHAO: ‘OUR AIM IS 10, 50, 100 YEARS’
In response to a question about whether Binance can survive another year of a bear market, Zhao said absolutely. In fact, Zhao says Binance ― the world’s largest crypto exchange ― will still be there in 100 years no matter what happens to the industry. Zhao says his team does not obsess over daily bitcoin price fluctuations because it has a long-term focus and concentrates on its work. Accordingly, there’s no hourly hand-wringing like those that plague crypto holders with short-term, day-trader mindsets.
“Binance is ready to survive any number of years, no matter if it’s bear or bull. We basically don’t really look at the market too much ― not as much as people actually think we do. We just keep our heads down and build features.”“Binance is very healthy financially and also very stable in terms of the team. Our aim is much longer than another year. Our aim is 10, 50, 100 years. So we’ll be here for a while.”
CRYPTO OFFERS FREEDOM
Source: Shutterstock Zhao revealed that once he started learning about cryptocurrencies and how bitcoin works, he was immediately drawn by the freedom the decentralized virtual currency offers. Zhao says the borderless virtual world of crypto really attracted him because of his background having lived abroad in many different countries.
“Once I learned about crypto and how bitcoin works, I just understood that’s the future. I think it’s the freedom that crypto offers that really attracted me.”“I’m a guy who has lived in multiple countries around the world, even at a very young age. So the concept of a country or a border is more virtual to me. And when you’re traveling between different countries, you know the difficulties with traditional fiat currency.”“Like for example, if I have my money in one country and I moved to a different country and try to pay, it’s really awkward. The system doesn’t work very well. So that’s how I got into crypto.”
ZHAO DOESN’T CONSIDER BINANCE SUCCESSFUL
As he looks ahead, Changpeng Zhao says he’s proud of the progress Binance has made so far. However, he does not consider Binance to be “hugely successful.” That’s because the industry is still developing, and his team is still very small and young.
“For Binance, our achievements and success so far are just ― I hope ― at the beginning, so I don’t view Binance as hugely successful.”“I think as an industry and as a company or as a team, we’re still very small and we’re still very young. So there’s still a lot of work to do.”
WORDS OF ADVICE: ‘IGNORE ALL THE NOISE’
Zhao says it’s important for the crypto industry to not become stagnant or get distracted by media hype. The most important thing, he says, is to stay focused and do the work.
“Look, there’s a lot of random noise in the crypto industry and outside of the crypto industry about us. The best advice [to crypto entrepreneurs] I can give is: Keep your head down, figure out your strength, and use your strength to build a product that other people will use.”“As long as other people use your product, then your product has utility value. Just keep your head down and keep adding value. That’s the best advice I can give. Ignore all the other noise.”
Changpeng Zhao Image from REUTERS / Darrin Zammit Lupi
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Binance Exchange Easy Tutorial How to REGISTER and USE ...
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