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Re: [ANN] [CURV] Cryptocurve, a front-end for Wanchain and an upcoming crypto wallet
Hey Guys, just did a little research on CryotoCurve and man no other wallet has the features that they're set to offer. Nuke is a fun feature but the design attention around security is amazing. When will these features be integrated into the wallet? Can't wait to get my hands on the wallet, when can we use the wallet?
Re: [ANN] SNIPS - Private-by-Design, Open Source, Decentralized Voice Assistant
⭐ Merited by ManavKalyan (1)
Really looking forward to seeing this progress. Great idea, Privacy is lacking majorly these days so its a perfect time!
Totally agree, with the likes of Facebook and Google blatantly monetizing on consumer data without taking effective precautions on the security of the PI data.
Re: [ANN] SNIPS - Private-by-Design, Open Source, Decentralized Voice Assistant
Hey Guys, anyone installed the voice assistant from snips. I am having problems setting it up on my Raspberry Pi, how can I get help.
Oh, and yes, I've tried the video. Need more help.
Oh, and yes, I've tried the video. Need more help.
Hey there, Snips has a really helpful community forum and they can help with your questions on setting up your very own personal voice assistant. try https://forum.snips.ai/
Re: [ANN] [CURV] Cryptocurve, a front-end for Wanchain and an upcoming crypto wallet
CryptoCurve is making some really good moves in the industry, They are in an interoperability alliance with WAN and AION which will allow cross-chain swaps/transactions. Amazing work team ..
Re: [ANN] [CURV] Cryptocurve, a front-end for Wanchain and an upcoming crypto wallet
CryptoCurve has an amazing bounty campaign going on as well. You can use the link below if you're interested.
https://bounty.cryptocurve.io/6754/5234667
https://bounty.cryptocurve.io/6754/5234667
As the age of cryptocurrency comes into full force, it will facilitate a subversively viable taxation avoidance strategy for many of the technically savvy users of peer-to-peer payment systems. In doing so, cryptocurrency use will act to erode the tax revenue base of national jurisdictions, and ultimately, reposition taxation as a voluntary, pay-for-performance function. In this post, I cover some of the benefits such a strategy will have for cryptocurrency investors, why our notion of taxation is ripe for disruption, and why cryptocurrency taxation is enabled by default.
Read The Full Article
Read The Full Article
Or the other way around! I hope not.. Governments have problems with crypto currencies as they are unable to track the transactions to individuals and therefore unable to tax individuals.. This has got them so worried and messed up that they are giving the users a bad name... I don't mind the tax on the profits as per applicable laws. Why run! when you can look them in the eye.
Re: [ANN][Pre-ICO]Nousplatform - Platform for decentralized investment funds
Well thought out project with some really good industry leader partners. Loved the amount of information and can't stop devouring the information and so waiting for the platform to go live.
All the best team, great job.
I noticed that we can create our own decentralized funds, cool.. So can we invite other private investors to our fund? I read that NOUS tokens will be used to buy the shares of the fund, how is the math worked around this? I mean will the Fund's value be weighed against a benchmark price/Nous token?
All the best team, great job.
I noticed that we can create our own decentralized funds, cool.. So can we invite other private investors to our fund? I read that NOUS tokens will be used to buy the shares of the fund, how is the math worked around this? I mean will the Fund's value be weighed against a benchmark price/Nous token?
https://www.coindesk.com/ethereums-geth-client-finds-vulnerability-less-two-days-before-fork/
check this articles. some core developer may not contribute frequently. such as CJentzsch, tgerring, gavofyork.
I hope ethereum could attract more talent and continuous grow, especially speed up pow -> pos transition. How the miner will react to future event, move away quitely to other mining project?
check this articles. some core developer may not contribute frequently. such as CJentzsch, tgerring, gavofyork.
I hope ethereum could attract more talent and continuous grow, especially speed up pow -> pos transition. How the miner will react to future event, move away quitely to other mining project?
Well in retrospection it all looks good and with more and more development I think ETH performance should better. Its been a few days since the Byzantium hard fork ..
For non-technical holders of BTC (i.e. the mass of the BTC population), the risk of inanonymity and centralisation still there: as they have to entirely rely on their wallet providers? If such wallet providers are hacked or meddled with their users, the users won't have anyway to protect themselves or anyone to make a claim on? Their fund in BTC is entire at the mercy of the wallets?
How you think BTC would work for the ordinary people in the future to replace their current existing financial assets and management with fiat currencies?
How you think BTC would work for the ordinary people in the future to replace their current existing financial assets and management with fiat currencies?
Not all wallets are centralized... I do not think wallets are the weakest links if you choose a good one that gives you complete control of your private keys..
Re: Is it just me or do the smartest people all still support bitcoin?
You know what they say, "Self Praise is ...."
Not that I do not support Bitcoin but I don't like your condescending tone.
Though the definition is subjective, there is a difference in being a Patron and being Smart.
Not that I do not support Bitcoin but I don't like your condescending tone.
Though the definition is subjective, there is a difference in being a Patron and being Smart.
I'm not trying to be condescending or praise myself. Rather I'm saying I may not be smart enough to be able to actually understand the technologies underlying this stuff thoroughly, but I just gauge by the discussion surrounding a project and the arguments of the people supporting it.
If I see a lot of people focused on making money, making lots of spelling and grammatical errors, or making unsubstantiated claims I am generally skeptical.
It's not a foolproof method, it's just I noticed when I got into bitcoin the value of a cryptocurrency is its community, and bitcoin seems to have the best community quantitatively and qualitatively still.
It's not only intelligence but also commitment. We used to always tali about the "weak hands" people who dump when there's aa crash. And they were generally the same people who were lacking in understanding of the tech. It was the guys who understood the potential who held and helped bitcoin to survive.
Its certainly not a full proof method as most of people making those grammatical mistakes are not the ones with English as their first language.
I agree that the people who give into FUD are usually the ones who do not understand the underlying principal/tech and value then again many smart traders sell as well to book profits and reinvest when the prices go down.
All in all we're all in the same ship in this crypto journey .. We need the FUDders and the HODLers..
Re: Is it just me or do the smartest people all still support bitcoin?
You know what they say, "Self Praise is ...."
Not that I do not support Bitcoin but I don't like your condescending tone.
Though the definition is subjective, there is a difference in being a Patron and being Smart.
Not that I do not support Bitcoin but I don't like your condescending tone.
Though the definition is subjective, there is a difference in being a Patron and being Smart.
If Satoshi Nakamoto is a person and alive, wont he come out and claim the fame and success his invention has achieve so far?
Whoever is behind the name is alive and kicking and actively nurturing his/her/their creation BTC..
Some mysteries are better as mysteries, I think this one qualifies in that context..
Me too, i'm trying to avoin any ico or exchange asking for private information and id scan. The idea behind decentralizing is that you don't have to verify anything for anybody.
That's not the idea behind decentralizing ... Centralization/decentralization is about control...
Re: Do you think other exchanges are going to follow in the footsteps of Bitfinex?
Bitfinex will be terminating trading, deposits and withdrawal functionality for all U.S. customers, which will come into effect no later than November 9, 2017. The announcement urges all U.S.-based customers to withdraw their cryptocurrency tokens before the deadline.
With the SEC starting to crack down on ICOs deemed as securities that would be subject to existing financial regulations, do you see other exchanges following suit and exiting the U.S. Market?
With the SEC starting to crack down on ICOs deemed as securities that would be subject to existing financial regulations, do you see other exchanges following suit and exiting the U.S. Market?
I think that the tokens that are SEC compliant should not have a problem being traded on US exchanges for US citizens either.
Bittrex has not released/announced any such news yet and hopefully that will not be the case.
I don't see why people so averse to ID verification.. Its a legal requirement so that they can stay operational..
About trusting the exchanges, if you can trust them with your trade volumes than why not with IDs?
One option is that you pull out your funds in small chunks..
Basic Accounts: 3 BTC (or equivalent) per day with two-factor enabled.
About trusting the exchanges, if you can trust them with your trade volumes than why not with IDs?
One option is that you pull out your funds in small chunks..
Basic Accounts: 3 BTC (or equivalent) per day with two-factor enabled.
Hey guys, I wanna hold some alts for 2-3 years. Can you advise me some? I am thinking about Bitquance, XVG, OMG, NEO....anything else?
There are a multitude of good projects out there in the CrytoSphere..
I like '0x' as a lot of other start ups are already using their platform..
Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
Cheers
Cheers
Hi, Are you looking for more information on Bitcoin? you can try bitcoin.org
If you're looking for more information on the underlying tech (blockchain); here's and article: https://hackernoon.com/wtf-is-the-blockchain-1da89ba19348
I don't bitcoin is going to die at all...It will evolve if the circumstances force it to..
But we need a strong community that won't abandon the philosophy of a decentralized global currency when another China happens...
With more and more governments passing resolutions or planning to I think the future is secure but then again the community ... you know.. and moon is just the first stop..
But we need a strong community that won't abandon the philosophy of a decentralized global currency when another China happens...
With more and more governments passing resolutions or planning to I think the future is secure but then again the community ... you know.. and moon is just the first stop..
Re: [ANN] ✅ Xios PoS/PoW No ICO/No airdrop/No Premine/ ⚡ Masternode Ready 🔥Scrypt🔥
In case you missed it.
Hello Everyone,
Seems like we have a bit of confusion about Proof of Stake and why some POS blocks are " Generated but not accepted " .
Allow me to break it down.
What is Proof of Stake?
Proof of stake is the process your wallet uses to validate transactions in a distributed consensus through creating new blocks on the blockchain. This is an alternative method to the more widely known process used by bitcoin; Proof of Work (POW).
Now XIOS is still in Proof of Work stage, with the current payout of 33.3 XIOS per block mined, but since block 1441 Proof of Stake has also kicked in!
Meaning now, if you keep all your XIOS in your Desktop wallet ( Unlocked for Staking ) you'll earn ON AVERAGE 6% a year, + Compounded interest.
All you need to stake XIOS Coin is a Core version wallet with coins in it. The Core version wallet requires a copy of the entire blockchain on your computer.
When you first send XIOS to your wallet, they will be in whats called an immature state and will not be able to stake right away. Maturity will be reached in 1 hour or so (30 blocks to be precise) and your XIOS will start to stake automatically.
As EVERYONE should already have their wallet encrypted for protection against theft, you will need to ensure the staking portion of your wallet is unlocked. This is accomplished by clicking Settings -> Unlock Wallet for Staking.
TIP: To maximize profits, it is best to leave your wallet running 24/7 due to compound interest earnings as well as earnings from transaction fees on the network. When there are more transactions occurring on the network, the transaction fees should start becoming larger than the staking rewards.
Now that you are all setup and staking like a pro, you will soon receive your first staking reward.
While the staked block is confirming there will be a portion of your coins that will be unavailable to spend until the block is fully confirmed. This portion will vary in amounts based on the staking weight of that particular staked block. You can change the amount the XIOS wallet holds for staking and non staking uses in your Preferences. If you only want 100 out of you 200 XIOS to stake and the other 100 ALWAYS available to move and do whatever with..Just set in the preferences.
Now lets talk about those funny looking transactions that are greyed out in your history.
Those are called Orphan Blocks!
An orphan block is a block that was generated by your wallet, but rejected from the blockchain; any coins created within it are lost. Orphan blocks will happen from time to time on just about all blockchains including Bitcoin. An orphan block is encountered when two wallets stake the next block for the blockchain at nearly the same time. Since there can only be only be one next block, one of those closely minted blocks gets deemed an orphan and forgotten.
The first thing your wallet does after staking a block, is send out a message to all the connected nodes(wallets) to let them know that I staked the next block. If those wallets have already received that same I staked the next block message from a different wallet, they will reply with something to the manner of too late, keep trying. Your wallet will then mark the block it created as an orphan block.
You will be able to identify an orphan block in two ways when looking at the transaction tab of your wallet; it will be shown in a light grey font and will also have a question mark icon beside it
Side note : Unconfirmed transactions amounts (regular and staked) have values enclosed with square brackets just as orphan blocks do, but the font will be black, not grey.
Facts: The block explorer reports a high number of orphan blocks daily, as the proof of stake currency is just ramping up... This may seem high when compared to some other coins, but is a by-product of having only a 1 min block time and 4 block re targets for difficulty.
Essentially, the chances of two wallets staking a block at almost the same time (event resulting in orphan block) will increase as the block time gets shorter.
I hope we ALL have a clear understanding of things now...
Now allow me to get into COIN CONTROL.
Yea, you have it in your wallets, you just need to enable it.
To get a deeper understanding of how staking works, we need to enable coin control in order to see how your coins are situated in the wallet. Coin control is disabled by default, so lets go ahead and enable it.
Click Settings -> Options from the menu bar. On the Options window, click the Wallet tab and ensure the Enable coin control features button is checked.
Close the Options window by clicking OK in the bottom right hand corner. You should now have some extra options in the SEND tab of your wallet. Click the INPUTS
The Coin Selection window will now be displayed. This is where you can see how all your coins are really grouped/sorted in your wallet. From here you can see all coins that belong to each address in your wallet and that each address can have multiple groups of coins.
NOTE: Tree mode separates groups of coins by address whereas list mode shows them altogether.
NOTE: The Confirmations column shows the exact age of each group of coins.
Staking Explained
Staking is quite similar to a lottery; a new block on the blockchain is the equivalent of a lottery draw, and each group of coins staking represent a lottery ticket for the draw. The more tickets you have, the better chance you have of winning, this lottery takes place every 60 seconds totaling to about 1,440 winners each day!
There are some very important differences between staking and the lottery however. In a lottery draw, each ticket has an equal chance of winning; whereas in staking, the odds are not quite as straight forward. Each group of coins in your wallet have an associated value known as weight, the higher this value is, the better odds your group of coins have at staking a block. Coins with a weight of 1000 will have twice the chance to stake a block when compared to coins with a weight of 500. Although it is not necessary to know exactly how this weight is calculated, understanding the general concept is.
The following statements should suffice:
- Weight will be higher for a larger group of coins.
- Weight will increase as the coins become older. coin age
If you have a large group of coins that are very old, you have a very good chance of staking a block soon.
NOTE: There is an RPC command (getstakinginfo) that will show you the following: the weight of all your coins combined and the weight of the entire XIOS Coin staking network.
NOTE: A coins age is determined by the last time it was transferred on the network, the coin age is reset every time a coin is transferred. When you stake a block, the group of coins that staked it will have their age reset to zero.
Staking Rewards
Staking rewards pay out at a rate of 6% per year, this incentive is critical to the success of XIOS Coin as it ensures staking is profitable. The more actively staking nodes on the network, the more secure and strong our blockchain is. Without a significant amount of coins staking, the network could be susceptible to attacks; double spends etc
To ensure you get the most out of staking, you simply need to keep your wallet open 24/7. The XIOS Coin wallet does all the hard work in behind the scenes automatically, all you have to do is set it and forget it.
If you are unable to keep your computer running all day, dont worry too much as you can still get rewarded very well. Even while offline, your coins are aging and thus accumulating potential interest. As long as you dont transfer coins before they stake a block, you will be rewarded.
I hope you have found this guide helpful in understanding how proof of stake works. Some may find this information useless and boring, but others might be fascinated like myself.
IF THIS HELPED YOU AND YOU'RE FEELING GENEROUS, HERES MY XIOS TIP ADDRESS : 2HkkGpghbKMbEqhZbL8jbt6xCvZh2USxXg
I will continue to post informative posts about this kinda stuff, so stick around!
Cheers,
MasterTrader777
Follow me on TWITTER ! www.TWITTER.com/TOSHIDESK
Seems like we have a bit of confusion about Proof of Stake and why some POS blocks are " Generated but not accepted " .
Allow me to break it down.
What is Proof of Stake?
Proof of stake is the process your wallet uses to validate transactions in a distributed consensus through creating new blocks on the blockchain. This is an alternative method to the more widely known process used by bitcoin; Proof of Work (POW).
Now XIOS is still in Proof of Work stage, with the current payout of 33.3 XIOS per block mined, but since block 1441 Proof of Stake has also kicked in!
Meaning now, if you keep all your XIOS in your Desktop wallet ( Unlocked for Staking ) you'll earn ON AVERAGE 6% a year, + Compounded interest.
All you need to stake XIOS Coin is a Core version wallet with coins in it. The Core version wallet requires a copy of the entire blockchain on your computer.
When you first send XIOS to your wallet, they will be in whats called an immature state and will not be able to stake right away. Maturity will be reached in 1 hour or so (30 blocks to be precise) and your XIOS will start to stake automatically.
As EVERYONE should already have their wallet encrypted for protection against theft, you will need to ensure the staking portion of your wallet is unlocked. This is accomplished by clicking Settings -> Unlock Wallet for Staking.
TIP: To maximize profits, it is best to leave your wallet running 24/7 due to compound interest earnings as well as earnings from transaction fees on the network. When there are more transactions occurring on the network, the transaction fees should start becoming larger than the staking rewards.
Now that you are all setup and staking like a pro, you will soon receive your first staking reward.
While the staked block is confirming there will be a portion of your coins that will be unavailable to spend until the block is fully confirmed. This portion will vary in amounts based on the staking weight of that particular staked block. You can change the amount the XIOS wallet holds for staking and non staking uses in your Preferences. If you only want 100 out of you 200 XIOS to stake and the other 100 ALWAYS available to move and do whatever with..Just set in the preferences.
Now lets talk about those funny looking transactions that are greyed out in your history.
Those are called Orphan Blocks!
An orphan block is a block that was generated by your wallet, but rejected from the blockchain; any coins created within it are lost. Orphan blocks will happen from time to time on just about all blockchains including Bitcoin. An orphan block is encountered when two wallets stake the next block for the blockchain at nearly the same time. Since there can only be only be one next block, one of those closely minted blocks gets deemed an orphan and forgotten.
The first thing your wallet does after staking a block, is send out a message to all the connected nodes(wallets) to let them know that I staked the next block. If those wallets have already received that same I staked the next block message from a different wallet, they will reply with something to the manner of too late, keep trying. Your wallet will then mark the block it created as an orphan block.
You will be able to identify an orphan block in two ways when looking at the transaction tab of your wallet; it will be shown in a light grey font and will also have a question mark icon beside it
Side note : Unconfirmed transactions amounts (regular and staked) have values enclosed with square brackets just as orphan blocks do, but the font will be black, not grey.
Facts: The block explorer reports a high number of orphan blocks daily, as the proof of stake currency is just ramping up... This may seem high when compared to some other coins, but is a by-product of having only a 1 min block time and 4 block re targets for difficulty.
Essentially, the chances of two wallets staking a block at almost the same time (event resulting in orphan block) will increase as the block time gets shorter.
I hope we ALL have a clear understanding of things now...
Now allow me to get into COIN CONTROL.
Yea, you have it in your wallets, you just need to enable it.
To get a deeper understanding of how staking works, we need to enable coin control in order to see how your coins are situated in the wallet. Coin control is disabled by default, so lets go ahead and enable it.
Click Settings -> Options from the menu bar. On the Options window, click the Wallet tab and ensure the Enable coin control features button is checked.
Close the Options window by clicking OK in the bottom right hand corner. You should now have some extra options in the SEND tab of your wallet. Click the INPUTS
The Coin Selection window will now be displayed. This is where you can see how all your coins are really grouped/sorted in your wallet. From here you can see all coins that belong to each address in your wallet and that each address can have multiple groups of coins.
NOTE: Tree mode separates groups of coins by address whereas list mode shows them altogether.
NOTE: The Confirmations column shows the exact age of each group of coins.
Staking Explained
Staking is quite similar to a lottery; a new block on the blockchain is the equivalent of a lottery draw, and each group of coins staking represent a lottery ticket for the draw. The more tickets you have, the better chance you have of winning, this lottery takes place every 60 seconds totaling to about 1,440 winners each day!
There are some very important differences between staking and the lottery however. In a lottery draw, each ticket has an equal chance of winning; whereas in staking, the odds are not quite as straight forward. Each group of coins in your wallet have an associated value known as weight, the higher this value is, the better odds your group of coins have at staking a block. Coins with a weight of 1000 will have twice the chance to stake a block when compared to coins with a weight of 500. Although it is not necessary to know exactly how this weight is calculated, understanding the general concept is.
The following statements should suffice:
- Weight will be higher for a larger group of coins.
- Weight will increase as the coins become older. coin age
If you have a large group of coins that are very old, you have a very good chance of staking a block soon.
NOTE: There is an RPC command (getstakinginfo) that will show you the following: the weight of all your coins combined and the weight of the entire XIOS Coin staking network.
NOTE: A coins age is determined by the last time it was transferred on the network, the coin age is reset every time a coin is transferred. When you stake a block, the group of coins that staked it will have their age reset to zero.
Staking Rewards
Staking rewards pay out at a rate of 6% per year, this incentive is critical to the success of XIOS Coin as it ensures staking is profitable. The more actively staking nodes on the network, the more secure and strong our blockchain is. Without a significant amount of coins staking, the network could be susceptible to attacks; double spends etc
To ensure you get the most out of staking, you simply need to keep your wallet open 24/7. The XIOS Coin wallet does all the hard work in behind the scenes automatically, all you have to do is set it and forget it.
If you are unable to keep your computer running all day, dont worry too much as you can still get rewarded very well. Even while offline, your coins are aging and thus accumulating potential interest. As long as you dont transfer coins before they stake a block, you will be rewarded.
I hope you have found this guide helpful in understanding how proof of stake works. Some may find this information useless and boring, but others might be fascinated like myself.
IF THIS HELPED YOU AND YOU'RE FEELING GENEROUS, HERES MY XIOS TIP ADDRESS : 2HkkGpghbKMbEqhZbL8jbt6xCvZh2USxXg
I will continue to post informative posts about this kinda stuff, so stick around!
Cheers,
MasterTrader777
Follow me on TWITTER ! www.TWITTER.com/TOSHIDESK
Thank you.. This helps... Do we also have an official website for XIOS??