An article about a new patent is indeed interesting if it helps understanding the implications. What is not is to paraphrase that to get traffic. The only mistake of coindesk (the original poster) was to mistakenly link to another patent. But all the dumb sources who stole that article from coindesk paraphrased AND did not even notice the error. Not sure if it was ironical or not but you did too!?! The right patent is: http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=10026082.PN.&OS=PN/10026082&RS=PN/10026082

I was curious to fact-check that so I merged the graphs of BTC/USD and the one in your link (both scaled to 1 year to keep the same proportions):



To me, it just looks like the buy proportion is high when BTC/USD is at the top (because of FOMO) and low when it is at the bottom (because of panic sales). So exactly the inverse of what it should be...

I assume you are asking about the supply rate as it's impossible to foresee the inflation based on demand (or I should re-read Milton Friedman). In that case, here is the answer:




Note the supply rate will be similar from 2019 to 2027. You can read this very interesting reddit post to get more info: https://www.reddit.com/r/Monero/comments/512kwh/useful_for_learning_about_monero_coin_emission/

Looks like he's on multisig & lightning now.

If you like Monero, please consider donating something to Surae to support development: https://forum.getmonero.org/8/funding-required/90730/continued-funding-for-surae-for-another-quarter-september-october-november-2018

Side note for speculators: he's using a 71.88 USD/XMR baseline to be on the safe side during September, October and November

It depends on what we call "autonomous cars". An old Mercedes S-Class which can stay autonomously within the lines on a highway doesn't need machine learning. But more advanced systems such as the one tested by Uber use machine learning as it would be impossible to hard code every situation.


Exactly. Words are often used mistakenly and interchangeably when they become buzzwords. I'd say the criteria to define true AI is if the model gets refined with experience, which is not the case of the Bitcoin difficulty adjustment algorithm (it just follows a set of hard coded rules).

Considering brute force as a form of AI would be like considering a Casio calculator as AI as it manages to calculate 4+3=7...

People expect a pump after a coin is listed on an exchange. In fact, there even is a bot to inform you when a new coin is listed: https://bitcointalk.org/index.php?topic=2966800.0

But people don't realize that it often starts with a big dump! I asked the creator of the bot to explain why he thinks this strategy is good but I didn't get the answer:

In the sense of machine learning (which is behind all the latest AI advancements), the answer would be "no". I'll just quote this answer as I find it accurate:

Well, I might get the answer to my question even before the introduction of Casper as many miners switched to Monero since last week:

• https://www.coinwarz.com/difficulty-charts/ethereum-difficulty-chart
• https://www.coinwarz.com/difficulty-charts/monero-difficulty-chart

Let's sit and observe now.

I'd say 31.5376561*π/3.14% for 2019

RESERVED

Getting reliable news about cryptocurrencies is not easy. In order to create traffic (which generates revenue via advertisement such as Google AdSense), many websites "steal" articles from reputable sources via their RSS feed and just rewrite them with other words (paraphrasing). With powerful API's such as https://spinbot.com/ the paraphrasing can even be done by a computer...

I always had that feeling but I could never prove it until I answered this topic in the Spanish board. Basically, it talks about this article which explains that Mastercard filed a patent to store both fiat money and cryptocurrencies on a same credit card. The patent linked in the article did not correspond so I realized the author did not even bother reading the patent before translating/paraphrasing an article he found somewhere else (otherwise he/she would have realized the error). I dug a little more by googleing "Mastercard Patent" with the timeframe Jul 14, 2018 - Jul 20, 2018 and had a little script find other articles with the same error to detect the websites who are obviously paraphrasing others.

Based on the "published_time" meta tag, https://www.coindesk.com/mastercard-wins-patent-for-speeding-up-crypto-payments/ is the original. And here is the list of all the paraphrasing articles published afterwards (sorted by position in search results ascending):

• https://www.cnbc.com/2018/07/17/bitcoin-above-7000.html
• https://thenextweb.com/hardfork/2018/07/18/mastercard-patent-blockchain/
• https://www.ccn.com/mastercard-wins-a-patent-to-link-cryptocurrency-with-fiat-accounts/
• https://www.creditcards.com/credit-card-news/bitcoin-mastercard-patent.php
• https://www.zdnet.com/article/mastercard-to-link-crypto-to-fiat-currency-with-new-patent/
• https://bitcoinist.com/mastercard-wins-patent-to-increase-cryptocurrency-payment-speed/
• https://mining-cryptocurrency.ru/mastercard-patent-na-kriptovalyutnye-tranzakcii/
• https://cryptolinenews.com/2018/07/interest-on-crypto-purchases/
• https://www.dashforcenews.com/mastercard-gets-patent-for-creating-a-cryptocurrency-fiat-hybrid/
• https://www.valuepenguin.com/credit-cards/mastercard-granted-blockchain-patent
• https://cryptoslate.com/mastercard-files-patent-to-link-fiat-and-cryptocurrency-transactions/
• https://www.moneycontrol.com/news/business/companies/mastercard-wins-patent-to-speed-up-cryptocurrency-transactions-2729911.html
• https://www.kryptovergleich.org/ermoeglicht-mastercard-bald-ripple-xrp-kryptozahlungen-per-kreditkarte/
• https://siamblockchain.com/2018/07/18/mastercard-wins-patent-for-speeding-up-crypto-payments/
• https://cryptonaute.fr/mastercard-brevet-compte-crypto-monnaie-fiat-fiduciaire/
• https://www.nextbigfuture.com/2018/07/mastercard-has-patent-which-could-enable-blockchain-currency-credit-cards.html
• https://hacked.com/crypto-credit-card-mastercard-wins-blockchain-payments-patent/
• https://captainaltcoin.com/how-does-this-mastercard-patent-help-bitcoin-tom-lee-explains/
• https://www.livebitcoinnews.com/mastercard-patent-paves-the-way-for-crypto-based-credit-card-transactions/
• https://www.crowdfundinsider.com/2018/07/136668-mastercard-granted-patent-to-link-cryptocurrency-with-fiat-accounts/
• https://btcmanager.com/us-patent-office-approves-mastercards-patent-to-speed-up-crypto-payments/
• https://www.coinspeaker.com/2018/07/18/mastercard-wins-a-u-s-patent-for-reducing-crypto-transactions-times/
• https://bitcoinexchangeguide.com/mastercard-awarded-faster-cryptocurrency-payment-processing-patent/
• https://bitrazzi.com/mastercard-acquires-patent-with-future-potential-for-credit-card-btc-transactions/
• https://www.icoexaminer.com/ico-news/mastercard-may-now-enter-cryptocurrency-space-after-us-patent-grant/
• https://www.bitrates.com/news/p/new-mastercard-patent-a-step-toward-rapid-crypto-to-fiat-transactions
• https://www.cryptoglobe.com/latest/2018/07/mastercard-to-speedup-cryptocurrency-payments-with-new-us-patent/
• https://www.finextra.com/newsarticle/32418/fs-giants-in-rush-for-blockchain-patents
• https://www.digitaltransactions.net/crypto-gets-a-boost-as-bitcoin-surges-and-mastercard-scores-a-networking-patent/
• https://bcfocus.com/news/speedy-crypto-transactions-with-mastercards-new-patent/18676/
• https://cryptonewsreview.com/mastercards-new-patent-hints-at-paying-via-cryptocurrency-on-your-credit-card/
• https://www.itnews.com.au/news/mastercard-tries-to-make-paying-with-virtual-coins-easier-498567
• https://unhashed.com/cryptocurrency-news/mastercard-receives-patent-to-link-cryptocurrencies-to-fiat-currency-accounts/
• https://cryptocoinmastery.com/mastercard-files-patent-for-fast-crypto-payments/
• https://blokt.com/news/mastercard-could-bring-crypto-payments-to-credit-cards
• https://www.lowyat.net/2018/166355/mastercard-patents-technology-for-blockchain-payments-on-credit-cards/
• https://www.techradar.com/news/mastercard-targets-major-blockchain-breakthrough
• https://toshitimes.com/mastercard-to-speed-up-crypto-payments-and-link-cryptocurrency-with-fiat-accounts/
• https://satoshinakamotoblog.com/mastercard-wins-patent-for-speeding-up-crypto-payments
• https://www.inverse.com/article/47159-bitcoin-rally-again-7k-20-billion-in-half-hour
• https://dailyhodl.com/2018/07/19/bullish-analyst-tom-lee-mastercards-new-crypto-moves-show-huge-financial-players-are-jumping-in/

Any idea and / or proofs of other paraphrasing / plagiarism are welcomed so we can merge together a blacklist of all the paraphrasers / plagiarists websites.

I believe such a list is useful because these kinds of websites are more prone to spread fake news as they don't perform due diligence before publishing.

"jq" (https://stedolan.github.io/jq/) is a very good tool to achieve that (and any JSON processing in general). Learning the syntax is a bit cumbersome at the beginning but it's definitely worth it because it's very powerful.

It's not always easy to find the exact TARIC code because there are so many goods but I guess "printed circuit" is suitable for an ASIC.

You should use https://www.augur.net/ for your bets. It's a true decentralized prediction platform

You can check the TARIC database to get the EC duties on any good imported into the European Community: http://ec.europa.eu/taxation_customs/dds2/taric/taric_consultation.jsp?Lang=en

But keep in mind that 2 customs agents might put an ASIC in 2 different categories. So maybe they ask you XX% the first time you import an ASIC and YY% the second time... I advise you to find a cheap category (with 0% duties) and ask your supplier to indicate this TARIC code when he exports.

I think you are confused. More hashing power would not increase the efficiency of the network. To make it simple, if your laptop was the only computer mining on the network, it would find all blocks and thus validate all transactions of the network. It wouldn't be decentralized at all but it would work. We would have a new block every 10 minutes anyway as the difficulty would be adjusted to a ridiculously low level.

Mining is a competition and the incentive is the block reward. So, if a miner comes with a new solution which is more efficient (like what happened with ASIC's), the other miners will need to adopt the same solution to stay in the race. But if GPU's, FPGA's and ASIC's were never used for mining we would still be using CPU's and the network would be perfectly fine (actually, even better because more decentralized...)

I guess the OP is a bit harsh on purpose in order to create a debate. But he isn't totally wrong. Hodling blindly without spending isn't helping adoption. I would have understood it a few months ago when transaction fees were exorbitant but now that we are back to normal, it's very easy to have some satoshi's in a mobile wallet to pay small amounts and re-buy the satoshi's afterwards.

It runs the whole machine, the merchants are always proud to accept BTC so they spread the word, it starts discussions about cryptocurrencies with other customers, etc... And of course a beer paid with BTC just tastes better

@Fabricus, les ministres des finances européens se réuniront cette semaine pour parler entre autres de cryptomonnaies: https://www.eu2018.at/calendar-events/political-events/BMF-2018-09-07-Informal-Ecofin.html

"Points of discussion will include the opportunities and the risks involved, and also a possible regulation of this global phenomenon."

J'imagine que rien de concret ne sortira de cette réunion mais ça traduira peut-être l'état d'esprit de nos chers représentants. Affaire à suivre...

Promette! Se capisco bene, è https://comproeuro.it che ha iniziato il movimento convincendo gli altri negozi di accettare Bitcoin? Rovereto è un bel esempio da eseguire.