Hey guys,

my name is Menajem, maker of Bitcoinsalaries.com. I used the website to upload athletes and convert their salaries into bitcoin. Soon after I launched, The Next Web wrote an article https://thenextweb.com/hardfork/2019/07/09/bitcoin-cryptocurrency-athlete-salary/ and got a few thousand in traffic.

I uploaded 100 athlete salaries and visitors stay on average 1:30 minutes on the website.

Now, I am focused on different projects and want Bitcoinsalaries to be in a good home.

The domain is perfect for any exchange and bitcoin company looking for side project marketing.
I used eToro as an affiliate and made $1700 so far.

Auction starts at BTC0.3.

Who is interested?

You can email me at mbenchimol18[at]gmail[dot]com if you have any questions.

Hey guys,

was working on a new project that lets people check how much an athlete makes in Bitcoin.

Check it out: https://bitcoinsalaries.com/

Any tips are appreciated it!

Hello,

I am selling a brand new APW3 ++ charger perfect for the S9 BTC antminer.
I am looking for $150 (free shipping anywhere in the US), escrow is accepted.

Will upload images upon request, and I am located in NYC if you want to take a look at it.

Thanks.

As bitcoin reaches a peak level point of global awareness, there has been talks amongst the community looking forward the future for the first successful P2P, open source, decentralized, and trustless network. Since bitcoin beginnings, nobody expected such a tremendous rise in adoption for the internet of value created by Satoshi Nakamoto. In this article we will provide a solution to one of bitcoins biggest problem: lost BTCs.


Bitcoin is known for successfully adapting a community driven collaboration that goes beyond the sharing economy. Conventional wisdom and traditional ideating would tell you not to share your ideas, and let one entity control the executive decisions. Bitcoin has proven that community collaboration and open source protocol can work tremendously reaching an all time high market cap of $300 Billion in less than 10 years. Less NDAs, secrets, and centralized entities and more collaborations, transparency, and decentralization.

From Lightning Networks scalability solution, to wallet security, and global adoption, bitcoins community that consists of thousands of volunteers work non-stop to create a better network.

If the community does not agree on how to proceed with certain aspects of bitcoin, they can propose a fork. If they want to change an essential aspect of bitcoins network they can create a hard fork (for example bitcoin cash, bitcoin gold, bitcoin diamond etc) so future nodes deny old ones to change some rules.

Bitcoin Core is the biggest community of developers that intend to keep bitcoin values intact.


Lost bitcoins
According to an article made by Fortune, there are around 4 million lost bitcoins forever. Chainalysis claims that 17%-25% of Bitcoins total supply has been lost forever due to original coins minted and early investors not paying attention to them, and transactions mismanaged. It is claimed that Satoshi Nakamoto owns around 1 million BTCs but no one can back that claim and they haven’t been in movement for years, maybe they are held as reserve when we mine all bitcoins? Anywho, according to the research there are $5-$20 Billion worths of bitcoins lost forever.

What if we could make a new bitcoin while containing all the original aspects and not hard forking it?


Token Swap
Tokens that use Ethereums ERC20 standard and wanted to leave the network for their main network have used the token swap method. This method consists of migrating old tokens into the new protocol leaving the old ones behind useless. Tron, EOS, and Vechain have migrated all their tokens into the new protocol consisting billion of dollars in movement. This process is easier said than done, but it’s definitely possible.

Bitcoin token swap
What if we would migrate all the bitcoins in circulation, keep all the components but take recreate all the “lost” bitcoins and set them aside for mining rewards, social impacts, or anything with a decentralized community driven vote. The scarcity of bitcoin will stay intact as there will be always 21 million bitcoins, but the mining reward can be increased to incentive more miners to join the network.

Some solutions for the 4 million bitcoins I can propose for good use is investing in the future of economical disasters countries such as Venezuela, Zimbabwe, and others. What if we can go beyond internet of value and create a direct impact on people’s lives in a decentralized manner where the community can decide a budget. Dash has a system that the community can propose a budget and the winning proposers take action to achieve their proposal. The 4 million BTC can act as budgeting for future initiatives that will help the community grow and make the world a better place.
What other solutions or uses do you see good fit and fair for the 4 million Bitcoins? Let me know what you think, we are all trying to make the bitcoin network more reliable for different uses such as a store of value, currency, cross border transactions, investment tool etc.

Ever since the creation of bitcoin back in 2008, the financial world has changed its trajectory forever. This new technological advancement has given light to the unbanked population in regions such as Asia, South America, and Africa. As popularity grew, many altcoins have surged and copied the open source code to create a better, faster and decentralized peer to peer transactional cryptocurrency.

Charlie Lee created Litecoin as an alternative to bitcoin which has a faster transaction processing time per block (10 minutes vs 2.5 minutes), more supply, and a different algorithm. Monero and Zcash came up with a more secure cryptocurrency, while Bitcoin Cash, Gold, Diamond, and Private forked bitcoins open source code for different respective reasons and benefits to their community. These are all great advancement, but there is still one problem, how will average tech people adopt it for everyday purchases?

Decentralized micropayments and practical applications have been a vision in the cryptocurrency world as an alternative to the banking system.
The technology and need are there, but adaptability and solving some of cryptocurrencies biggest issues are still years away. Many projects have been looking for solutions to this, Bitcoins lightning network is working towards facilitating micropayments but they still face the same issue as every other cryptocurrency: settling instantly with merchants using fiat currency to avoid high entry barrier and price volatility.

LITEX (currently traded in HADAX) is a completely decentralized payment ecosystem for cryptocurrency. Built on LTXN（LITEX Network), Litex supports instant micropayments with extreme low service charge. With the creation of such decentralized ecosystem, LITEX is not exposed to single point of failure risks. Their nodes can handle millions of payments per second which can meet the requirement of timeliness in every-day payment scenarios.

Delayed of payment and congestion in the bitcoin blockchain has been an obstacle for mass adoption and practical everyday cryptocurrency purchasers. The problem with the lightning network is their requirement to stay online at all times, which makes it vulnerable to hacks. Light nodes, and centralization have been other issues for the lightning network solution.


The Litex team has been in the payment industry for a while and their adaptability for merchants has been very promising, to say the least. Compared to Bitbays centralized business model and Tenx semi centralization, Litex introduces a fully decentralised business model. Their off chain solution will decrease the ability of hackers to steal cryptocurrencies.


Currently, there aren’t so many places where you can make cryptocurrency purchases. Litex foresees a future where you won’t have to sell your cryptocurrency to make everyday micropayment purchases and not have to worry about fees, withdrawal limits, and volatility. The use of smart contracts will facilitate Litex vision. If you are a crypto holder, imagine not having to sell your stake in bitcoin to buy a cup of coffee, because the merchant is able to accept crypto as payment without their knowledge (conversion will be made in the backend).

As of today, Litex is working on the BOLT protocol while designing the system architecture. They plan to launch their app officially by 2019 and start testing their project with merchants as well in small scale. They will launch a large scale project by 2020 for mass adoption of their technology. Led by XU, Guanghong, the Litex team has a vast academic background in cryptography, applied mathematics and blockchain engineering to pursue their ambitious project.

*Disclaimer- if 90% of startups fail, so can cryptocurrency projects. Many current projects like Litex are still testing their solutions but are working hard to launch their products on time. Please do your own research and due diligence before investing in cryptocurrencies.

Originally published at ebitnews.com on May 17, 2018.
https://ebitnews.com/2018/05/17/making-cryptocurrency-micropayments-a-possibility-with-the-litex-network/

The blockchain has the ability to cut out the middleman within platforms due to its decentralized nature. For advertisers or authors, this would mean to distribute their content straight to the desired user without the need for a third party platform (google ads, facebook etc) that usually take a good amount of fees. Ad fraud has been

The blockchain has the ability to cut out the middleman within platforms due to its decentralized nature. For advertisers or authors, this would mean to distribute their content straight to the desired user without the need for a third party platform (google ads, facebook etc) that usually take a good amount of fees. Ad fraud has been one of the biggest issues in the industry according to some data, marketers do not receive an accurate ROI of their ads.

Marketers lost $7.2 billion to digital ad fraud in 2016 (WhiteOps, 2016)
For every $3 spent on digital ads, fraud takes $1 (Adage.com, 2015)
The problem is getting worse, so projects like Basic Attention Token and DATx are coming up with a solution via the blockchain to solve such issues.


DATx (currently trading on HADAX and HitBTC) is a new blockchain, that is in collaboration with the QTUM Foundation and Avazu (a leading advertising platform with global coverage). Their goal is to build a win-win revolutionary decentralized advertising ecosystem so that all users can actively participate in the ecosystem built. Users will be able to “own” their data and the artificially intelligent system will decide which advertisers fit in the sphere to market straight to the user.

Their combination of AI, big data, and blockchain technology will help advertisers cut through all the fragmented clutter of user behavioral data to accurately target users and by delivering advertisements that are meaningful to them. Long are the days that users have to skip through clustered and unwanted ads to check content they like. The use of smart contracts will securitize the privacy of transactions and information transacted via the platform thus keeping your data safe away from third-party vendors and thieves.

Datx was founded by the Cosima foundation, a well established and legally compliant Accounting and Corporate Regulatory Authority (ACRA) company in Singapore. Part of their advisory team is the Qtum foundation that has given Datx good trust to pursue their project within the blockchain spectrum.

2018 will be a year to focus on the development of the product. They have plans to establish a user-oriented decentralized behavior archive as the data foundation for advertising eco-DMP and develop an anti-fraud system based on user behavioral data for ecosystem antifragility by Q2 of 2018. The platform will be ready for advertisers by 2020.

The team is working hard to communicate their solution of disrupting content & advertisement block by block to the world by attending the upcoming a Blockchain Festival held in Vietnam May 24th and 25th. Other projects with similar solutions that will speak in the same panel as Datx are UUNIO, BigBom Eco, and AirBloc.


What has been the most developed blockchain advertising project you have seen?

Disclaimer- this is in no way promoting the project above, this is an informational article covering blockchain/advertising projects. Please do your own research and due diligence before investing in cryptocurrencies due to their volatile nature.

https://medium.com/@benchi10/blockchain-project-datx-and-its-plan-to-disrupt-the-advertising-industry-e986bc28b914

There is a battle in the USA to what is Ethereum considered as (utility/security).

I am not so knowledgeable of what a derivative is but according to invetopedia:
 
What is a 'Derivative'
A derivative is a financial security with a value that is reliant upon or derived from an underlying asset or group of assets. The derivative itself is a contract between two or more parties based upon the asset or assets.

Read more: Derivative https://www.investopedia.com/terms/d/derivative.asp#ixzz5FUTbM7WS
Follow us: Investopedia on Facebook

ERC20 token are reliant on Ethereums smart contracts, what would be the legal term for them?

They say good investors can catch one wave in their lifetime that will set them up for life. Better investors are able to constantly invest in the future before anyone knows its worth it to be even considered. Early bitcoin investors such as Tim Draper and Jeffrey Wernick have been successful in betting in favor of startups and cryptocurrencies before their mass success. They were rewarded heavily due to their visionary venture.

Jeffrey Wenick began trading options and future while a student at the University of Chicago before moving on to Salomon Brothers and the National Bank of Detroit, where he was its youngest senior officer. He then founded a technology-focused venture capital firm and hedge fund to help distressed and bankrupt companies. He is also an angel investor and focused mostly on sharing economy, the blockchain, and biomedical startups. His most famous investments in startups have been Bitcoin, Uber, and Airbnb.

As an early bitcoin investor, he has been involved in the blockchain community for a while and now acts as an advisor for Qtum, a blockchain application platform.

He is an avid believer of building blockchain communities and is in regular attendance and acts as a speaker at blockchain conferences. The next blockchain festival he will attend as a VIP speaker will be held in Vietnam late May hosted by Kyber Networks and Huobi.

What makes this festival unique is the free tickets distributed to students, and affordability for regular attendees compared to Consensus and Ethereal summit in NYC. Hosting the event in Vietnam shows how committed the sponsors are to collaborate with the areas in the world that could benefit from the blockchain the most.

Jeffrey has set his focus to finding value in the blockchain industry, a topic he will discuss during the festival. There are so many uses for the blockchain but how can people find value in a technology they don’t understand? Hopefully, he will address this issue.

My solution for finding value in the blockchain industry is with education, and helping understands the potentials this technological advancement has. LATAM Blockchain Group is helping the Spanish community understand the potentials of the blockchain with educational courses in partnership with Blockchain at Berkeley.

By Menajem Benchimol.

A new bug wandering around the blockchain is creating trillions of Ethereum smart contracts and is affecting ERC20 tokens and cryptocurrency exchanges alike.  The bug dubbed as “batchOverFlow” is facilitating the creation of unlimited amount of tokens, thus making ERC20 token vulnerable to price manipulations from attackers. A  vulnerable function was located in the batchTransfer for the creation of multiple tokens in a single transfer.

The bug was first recounted  April 22nd, when 115 octodecillion Beauty Coins (BEC) were created in two transactions. At the time, BEC was trading at $0.32 per token, which makes the total dollar value of the transaction around $3.7 novemdecillion.

Then a vulnerability in the SmartMesh contract was found which allowed someone to create 10 quadrillion SMT tokens worth more than 877 trillion USD.

 
Multiple Cryptocurrency exchanges have halted or suspended the trade of ERC20 tokens within their platform until further notice. Huobi Pro was one of the first to tackle the problem, suspending deposits and withdrawal of all coins, then subsequently allowing non-ERC20 tokens to be deposited/withdrawn. Other exchanges such as Poloniex, Changelly, HitBTC followed with a similar response.

Check the rest of the article here: https://medium.com/@benchi10/cryptocurrency-exchanges-halt-erc20-token-trading-due-to-batchoverflow-bug-d56ec10976f1

Blockchain festivals and conferences have increased in popularity ever since the market cap of cryptocurrencies rose astronomically in value. This phenomenon has attracted millions of new investors and curious individuals looking to learn more about the blockchain. These events invite influential speakers and successful entrepreneurs in the field promoting their vision and how they think Blockchain festivals and conferences have increased in popularity ever since the market cap of cryptocurrencies rose astronomically in value.


This phenomenon has attracted millions of new investors and curious individuals looking to learn more about the blockchain. These events invite influential speakers and successful entrepreneurs in the field promoting their vision and how they think every industry can be disrupted with a decentralized and distributed ledger. Because the blockchain is International, early crypto investors have found themselves traveling from Dubai, to London to Buenos Aires in a span of two weeks just to keep up with the madness.

One of the keys to a cryptocurrencies success is building a proactive community promoting the project aside from coders working on the actual product. Blockchain festivals and conferences organized or sponsored by blockchain projects have become a must do if they want to attract investors, and promote their brands.

Kyber Network and Huobi Pro will be hosting a blockchain festival in Vietnam May 24th-25th.

Check out the rest of the article here: https://medium.com/@benchi10/the-new-trend-amongst-cryptocurrency-projects-blockchain-festivals-b6faebdeb84c

Major cryptocurrency exchanges have to constantly look for ways to attract more investors to trade within their platforms. Adding new tokens is a good way to reach that goal. We will compare the system of adding new tokens between Coinbase, and Huob’is HADAX. Adding new digital assets can be risky due to security, legal, and market manipulation concerns. Exchanges have to research and be prepared for the addition of a new cryptocurrency to their platform.

HADAX
Huobi Pro currently has a centralised operation mode which audits every token to be listed with strict evaluation standards. Huobi’s goal is to give investors more trading options on their platform which offers 100+ digital assets to trade from and offer new token startups the opportunity for their coins to be traded by a large database of investors.

HADAX process is as follows: If a token project shows interest to Huobi for the cryptocurrency to be added to the platform, the Huobi team will audit the token and check capabilities and security risks.

Check out the rest of the article here: https://medium.com/@benchi10/the-process-how-tokens-are-added-to-cryptocurrency-exchanges-3cd762b836a5

After successfully launching their Huobi buyback program, the giant crypto exchange has pledged to buyback tokens on the open market with 20% of its revenue. Each season 20% of the tokens bought again by Huobi will be stored in their Huobi user protection fund to protect users’ interest and compensate for their losses in cases of emergency. All funds will be converted into USDT to avoid volatility.

Huobi has a total supply of 303 million Huobi tokens in circulation. 704,000 tokens were locked while 4,860,000 tokens locked for OTC merchants. 29 million tokens were bought back from voting revenue, and 15 million from partners. A total of 70 million tokens were bought back this season.

Because of the high revenue from the voting in the first quarter, the revenue of the secondary market buyback does not include the token voting revenue, but at the same time all the revenue of the voting in the quarter was included and locked positions of the Investor Protection Fund for the protection of investors in all kinds of emergencies. The revenue from the HADAX first round of voting are also included in the Investor Protection Fund, which so far has 38.3599 million HT. Super Node, Super Partner and OTC Merchant, security deposit of project team and so on, have a total locked amount of 32.0947 million HT. (Huobi)

Huobi is also introducing the security reserve fund.

A lot of hacks have happened in the year that cryptocurrencies went mainstream. Japanese exchange Coincheck saw $530 Million hacked in January and the all known Mt Gox hack where 740,000 Bitcoins (around $6 billion in today’s market)

Check out the rest of the article here: https://medium.com/@benchi10/the-huobi-buyback-program-launches-to-protect-users-funds-6243607c8b68

Huobi User Protection Fund was introduced by Huobi pro to protect users’ interest and compensate for their losses in cases of emergency.

Throughout bitcoin and cryptocurrencies history, we have witnessed horrible atrocities of hacking and stealing of private keys. Most exchanges are vulnerable to security breach due to low focus on their security systems. They store their funds within one private key, and when hackers have access to that private key, they have access to all the funds. Some exchanges are starting to store their funds in a cold wallet while others introduced an insurance to payback affected users after a security breach such as the Huobi User Protection Fund.

Here are the five biggest cryptocurrency hackings in history:

#5 Parity Wallet (July 2017)

In July 2017, hackers found a flaw on the Ethereum backed wallet, Parity. The theft involved resulted in 150,000 Ethers being stolen from the wallet (approx $75 Million). An unknown user was able to access the funds to perform the second biggest Ether hack after the DAO.

#4 The DAO (June 2016)

Check out the rest of the article here: https://medium.com/@benchi10/5-biggest-cryptocurrency-hackings-db5a8d46ff90

The competition to become the #1 cryptocurrency exchange in the world has gotten more competitive. Huobi Pro launched their token sale of the Huobi token to lower fluctuation and stabilize their platform back in February. So far they have raised $300 Million and are going against Binance to become the best cryptocurrency exchange in the world. Binance has their referral system working, but now Huobi pro announced their Huobi Super Rebates program as well.

Huobi Pro:
Huobi is one of the largest Chinese exchange platforms, based China, it was founded by Leon Li in 2013. Their main focus was the Chinese market but now with their expansion Huobi Pro plan they will tackle more countries. Launching their native token Huobi token to lower fluctuation and stabilize their platform back in February.

Check out the rest of the article here: https://medium.com/@benchi10/binance-vs-huobi-pro-5d973aa5b594

Why be bullish with EOS?
Many new exciting projects are upcoming for EOS in the coming months. On June 1st, registered ERC-20 tokens will be freezed and converted into real EOS tokens on the EOS blockchain. Some airdrops have been distributed by eosDAC to bring in new investors as well. An EOS hackathon is taking place in Norway on taking place April 29–30th. Countries will define their regulatory laws as time passes by. Malta and Belarus are the crypto- friendliest countries in the world. Will more countries follow their legislative proceeding?

Dapps are the solution to Facebook
Mark Zuckerberg has stated in the past that his goal is to fix Facebook. He has also shown interest in the blockchain world., Will decentralization be the answer to Facebook’s current problems? EOS is working on building the best Dapps platform. If there were to be a partnership between EOS and Facebook, this will certainly give EOS an even bigger push to the top. Ethereum has scalability issues, putting EOS in the best position to work with Facebook.

Check the whole article here: https://medium.com/@benchi10/why-we-are-bullish-for-eos-in-april-bd5cc8479893

EOS founders Dan Larimer and Brendan Blumer have been working hard to develop their revolutionary decentralized app platform. They launched their ICO back in 2017 using the Ethereums ERC20 token standard and raised $300 Million. Currently EOS tokens are available for trade on Binance, Huobi Pro, Exodus, and Upbit.

Their scalable proposal uses the Distributed Proof Of Stake (DPOS) engineered by founder Dan Larimer, is the most promising amongst cryptocurrencies due to their transactions being congested with newcomers. Ethereum is working on Casper while Bitcoin is using the Lightning Network but the DPOS proposal gives governing incentives to its developers which is an interesting advantage that can handle more transaction.

EOS to be added in Coinbase in 2018?
Coinbase is the biggest FIAT to crypto exchange in the USA. There was a point during the bull market that it was the most downloaded app, and claimed to have gained over $1 Billion in revenue in 2017.

Brian Armstrong, founder of Coinbase stated last year:

The ones that are the most exciting to us that we have on the platform today are bitcoin, ethereum and litecoin, but there’s many more that are going to be added to the platform in 2018 and I think this is going to be a really exciting space for all kinds of institutional investors to make money.
Recently Coinbase started to support ERC20 standard tokens which means cryptocurrencies such as EOS, Tron, OmiseGo and Vechain have a chance to be picked up any time soon.

Click here  to check rest of article: https://medium.com/@benchi10/the-case-for-eos-to-be-added-in-coinbase-d0ae84837d02

As we approach the upcoming World Cup, people are starting to save money to see the competition live in Russia. As a college student, my budget is tight to afford this trip, especially living in NYC. Nevertheless, my Colombian pride is compelling me to attend a game there and join the celebration. As I look at my budget, it seemed a far fetch to fly out to Russia, but now thanks to bitcoin and Huobi Pro, I am at least able to pay for a hotel room in the country.

http://football-world-cup-2018-3133999_1920.jpg

When thinking of attending the World Cup, you’ll have to allocate about $2,000-$4,000 to support your country in Russia and join the global party. Expenses include flight tickets, food, hotels, game tickets, and other costs. If you have some crypto holdings, Apartments Malina will accept your Bitcoin as payment for their rooms. Thanks to a partnership with payment system, Free-Kassa, you will be able to stay in Kaliningrad, one of the cities hosting the matches.

I will allocate my Bitcoin with Huobi Pro
I first traded $100 worth of Ripple from BTC back in November when it was $0.20 using the Huobi Pro platform. During the dip I was able to trade it to USDT when XRP was trading at $1. This left me with $500, which I will trade to BTC to pay for the hotel room in Kaliningrad.

Even though Colombia doesn’t play in the city, it is still pretty cool to use bitcoin in Russia, so I will likely attend the Belgium vs. England game on June 28, 2018 in Kaliningrad. My passion for soccer goes far beyond Colombian pride. So if a good game is played in an interesting city, and I will be able to cover some of that expense with BTC, why not?

If you don’t hold your Bitcoin within the Huobi Pro platform, try using Binance, Coinbase, or any other secure Bitcoin wallet to make the hotel purchase.

Colombia has high hopes to pass the group stage, where they’ll play against Senegal, Poland, and Japan. Radamel Falcao is back in action, Jame Rodriguez is playing well, and a new defensive combo of Davinson Sanchez and Yerry Mina gives Colombia a good chance to go all the way.

The second stage will be rough because we will either play England or Belgium from Group G. After that, the competition will get tougher and tougher. During the last World Cup, we made it to the quarter finals, so I have high hopes for this year’s team to surpass their previous record.

Are any of you Colombian crypto enthusiasts who will travel to Russia too?

I will love to meet anyone and talk about crypto and the Colombia market.

Resources: https://huobiblog.zendesk.com/hc/en-us/articles/360002551472-Market-cap-rebounded-slightly-and-transaction-volume-continued-to-decline"

By Menajem Benchimol

Selling the youtube channel named "blockchain" starting at one BTC. Great channel name for any blockchain related videos, ICOS, cryptocurrency etc.

Here is the website: https://www.youtube.com/channel/UCNaJ7jTxG9MiYgO0RA7-Cow

The domain is owned by LATAM Blockchain Group, a startup working on the education and integration of the blockchain in South America.

All funds will go towards the startup to kickstart its goal of educating the people that need it the most in Spanish. We have a partnership with Blockchain at Berkeley to translate and distribute the content in Spanish, while working with a bank to facilitate crypto purchase in the region.

Our website: http://latamblockchain.net/.

Best,
Menajem.

PM me.

Ill give you $3,500 including shipping using escrow