Bitcoin, Litecoin, Namecoin, Dogecoin, Peercoin, Ethereum ...

Cryptocurrency news and discussions.

Cryptocurrency news and discussion. Bitcoin, Litecoin, Ethereum, Ripple, Monero, Dash, NEO, IOTA Lightning Network, SegWit, Augur, Steemit, privacy, ICO, block time, Proof of Work, Proof of Stake, NEM, Peercoin, Vertcoin, Iconomi, Dogecoin, Zcash, BitShares, Walton, mining, hashrate, mining difficulty, blockchain, coinbase, merkle, transaction rate, decentralized exchange, annual inflation rate, total market cap, bitcoin cash, BTC
[link]

CryptoCurrency Talk and Offers

News on Bitcoin, Monero, Ethereum, Litecoin and all the other cryptocurrencies in the market. Cryptocurrency mining, trading and news talk. Cryptocurrency giveaways, coin airdrops and similar is welcome if legitimate. No scam and non-stop spam.
[link]

Neocoin

A place for news about Neocoin
[link]

"AntPool Launches Merged Mining: Mine 1 BTC #bitcoin , Get 10 NMC #namecoin Free; Mine 1 LTC #Litecoin , Get 1,000 DOGE #dogecin Free😍"

submitted by Egon_1 to btc [link] [comments]

"AntPool Launches Merged Mining: Mine 1 BTC #bitcoin , Get 10 NMC #namecoin Free; Mine 1 LTC #Litecoin , Get 1,000 DOGE #dogecin Free"

submitted by BitcoinAllBot to BitcoinAll [link] [comments]

How does cryptocurrency works?

How does cryptocurrency works?
When we were a much smaller society, people could trade in the community pretty easily, but as the distance in our trade grew, we ended up inventing institutions such as banks, markets, stocks etc. that help us to conduct financial transactions. The currencies we are operating with nowadays are bills or coins, controlled by a centralized authority and tracked by previously mentioned financial institutions. The thing is, having a third party in our money transactions is not always what we wish for. But fortunately, today we have a tool that allows us to make fast and save financial transactions without any middlemen, it has no central authority and it is regulated by math. Sounds cool, right? Cryptocurrency is this tool. It is quite a peculiar system, so let’s take a closer look at it.
by StealthEX

Layers of a crypto-cake

Layer 1: Blockchain

First of all – any cryptocurrency is based on the blockchain. In simple words, blockchain is a kind of a database. It stores information in batches, called blocks that are linked together in a chronological way. As the blockchain is not located in one place but rather on thousands of computers around the globe, the blockchain and the transactions thus are decentralized, they have no head center. The newest blocks of transaction are continuously added on (or changed) to all the previous blocks. That’s how you get a cryptocurrency blockchain.
The technology’s name is a compound of the words “block” and “chain”, as the “blocks” of information are linked together in a “chain”. That’s how crypto security works – the information in the recently created block depends on the previous one. It means that no block can be changed without affecting the others, this system prevents a blockchain from being hacked.
There are 2 kinds of blockchain: private and public. Public, as goes by its name, is publicly available blockchain, whereas private blockchain is permissioned, which only a limited number of people have access to.

Layer 2: Transaction

In fact, everything begins with the intention of someone to complete a transaction. A transaction itself is a file that consists of the sender’s and recipient’s public keys (wallet addresses) and the amount of coins transferred. The sender begins by logging in into his cryptocurrency wallet with the private key – a unique combination of letters and numbers, something you would call a personal password in a bank. Now the transaction is signed and the first step which is called basic public key cryptography is completed.
Then the signed (encrypted) transaction is shared with everyone in the cryptocurrency network, meaning it gets to every other peer. We should mention that the transaction is firstly queued up to be added to the public ledger. Then, when it’s broadcasted to the public ledger, all the computers add a new transaction to a shared list of recent transactions, known as blocks.
Having a ledger forces everyone to “play fair” and reduce the risk of spending extra. The numbers of transactions are publicly available, but the information about senders and receivers is encrypted. Each transaction holds on to a unique set of keys. Whoever owns a set of keys, owns the amount of cryptocurrency associated with those keys (just like whoever owns a bank account owns the money in it). This is how peer-to-peer technology works.

Layer 3: Mining

Now let’s talk about mining. Once confirmed, the transaction is forever captured into the blockchain history**.** The verification of the block is done by Cryptocurrency Miners – they verify and then add blocks to the public ledger. To verify them, miners go down on the road of solving a very difficult math puzzle using powerful software, which is that the computer needs to produce the correct sequence number – “hash” – that is specific to the given block, there is not much chance of finding it. Whoever solves the puzzle first, gets the opportunity to officially add a block of transactions to the ledger and get fresh and new coins as reward. The reward is given in whatever cryptocurrency’s blockchain miners are operating into. For example, BTC originally used to reward miners in 50 BTC, but after the first halving it decreased to 25 BTC, and at present time it is 6.25 BTC. The process of miners competing against each other in order to complete the transactions on the network and get rewarded is known as the Proof-of-Work (PoW) algorithm, which is natural for BTC and many other cryptocurrencies. Also there are another consensus mechanisms: Proof-of-Stake (PoS), Delegated Proof-of-Stake (dPoS), Proof-of-Authority (PoA), Byzantine Fault Tolerance (BFT), Practical Byzantine Fault Tolerance (pBFT), Federated Byzantine Agreement (FBA) and Delegated Byzantine Fault Tolerance (dBFT). Still, all of them are used to facilitate an agreement between network participants.
The way that system works – when many computers try to verify a block – guarantees that no computer is going to monopolize a cryptocurrency market. To ensure the competition stays fair, the puzzle becomes harder as more computers join in. Summing it up, let’s say that mining is responsible for two aspects of the crypto mechanism: producing the proof and allowing more coins to enter circulation.

Types of cryptocurrency

In the virtual currency world there are a bunch of different cryptocurrency types with their own distinctive features.
The first cryptocurrency is, of course, Bitcoin. Bitcoin is the first crypto coin ever created and used. BTC is the most liquid cryptocurrency in the market and has the highest market cap among all the cryptocurrencies.

Altcoins

The term ‘altcoins’ means ‘alternatives’ of Bitcoin. The first altcoin Namecoin was created in 2011 and later on hundreds of them appeared in crypto-world, among them are Ravencoin, Dogecoin, Litecoin, Syscoin etc. Altcoins were initially launched with a purpose to overcome Bitcoin’s weak points and become upgraded substitutes of Bitcoin. Altcoins usually stand an independent blockchain and have their own miners and wallets. Some altcoins actually have boosted features yet none of them gained popularity akin to Bitcoin. More about altcoins in our article.

Tokens

Token is a unit of account that is used to represent the digital balance of an asset. Basically tokens represent an asset or utility that usually are made on another blockchain. Tokens are registered in a database based on blockchain technology, and they are accessed through special applications using electronic signature schemes.
Tokens and cryptocurrencies are not the same thing. Let’s explain it more detailed:
• First of all, unlike cryptocurrencies, tokens can be issued and managed both centralized and decentralized.
• The verification of the token transactions can be conducted both centralized and decentralized, when cryptocurrencies’ verification is only decentralized.
• Tokens do not necessarily run their own blockchain, but for cryptocurrencies having their own blockchain is compulsory.
• Tokens’ prices can be affected by a vast range of factors such as demand and supply, tokens’ additional emission, or binding to other assets. On the other hand, the price of cryptocurrencies is completely regulated by the market.
Tokens can be:
• Utility tokens – something that accesses a user to a product or service and support dApps built on the blockchain.
• Governance tokens – fuel for voting systems executed on the blockchain.
• Transactional tokens – serve as a unit of accounts and used for trading.
• Security tokens – represent legal ownership of an asset, can be used in addition to or in place of a password.
Tokens are usually created through smart contracts and are often adapted to an ICO – initial coin offering, which is a means of crowdfunding. It is much easier to create tokens, that is why they make a majority of coins in existence. Altcoin and token blockchains work on the concept of smart contracts or decentralized applications, where the programmable, self-executing code is ruling the transactions within a blockchain. By the way, the vast majority of tokens were distributed on the Ethereum platform.

Forks

Generally a fork occurs when a protocol code, on which the blockchain is operating, is being changed, modified and updated by developers or users. Due to the changes, the blockchain splits into 2 paths: an old way of doing things and a new way. These changes may happen because: a disagreement between users and creators; a major hack, as it was with Ethereum; developers’ decision to fix errors and add new functionality. The blockchain mainly splits into hard forks and soft forks. Shortly speaking, coin hard forks cannot work with older versions while soft forks still can work with older versions.
Hard fork – after a hard fork, a new version is completely separated from the previous one, there’s no connection between them anymore, although the new version keeps the data of all the previous transactions but now on, each version will have its own transaction history. In order to use the new versions, every node has to upgrade their software. A hard fork requires majority support (or consensus) from coin holders with a connection to the coin network. If enough users don’t update then you will be unable to get a clean upgrade which could lead to a break in the blockchain.
Soft fork – a protocol change, but with backward compatibility. The rules of the network have been changed, but nodes running the old software will still be able to validate transactions, but those updated nodes won’t be able to mine new blocks. So to be used and useful, soft forks require the majority of the network’s hash power. Otherwise, they risk becoming set out and anyway ending up as a hard fork.

Stablecoins

As it comes from the name, stablecoins are price-stabilized that are becoming big in the crypto world. Still enjoying most of the “typical-cryptocurrency” benefits, it is standing out as a fixed and stable coin, not volatile at all. Stablecoins’ values are stabilized by pegging them to other assets such as the US Dollar or gold.
Stablecoins include Tether (USDT), Standard (PAX), Gemini Dollar (GUSD) which are backed by the US Dollar and approved by the New York State Department of Financial Services.

Conclusion

Now that we hacked into cryptocurrency, you probably understand that it is much less mysterious than it first seemed. Nowadays, cryptocurrencies are making the revolution of the financial institution. For example, Bitcoin is currently used in 96 countries and growing, with more than 12,000 transactions per hour. More and more investors are involved, banks and governments realize that these cutting edge technologies are prone to draw their control away. Cryptocurrencies are slowly changing the world and you can choose – either stand beside and observe or become part of history in the making.
And remember if you need to exchange your coins StealthEX is here for you. We provide a selection of more than 300 coins and constantly updating the cryptocurrency list so that our customers will find a suitable option. Our service does not require registration and allows you to remain anonymous. Why don’t you check it out? Just go to StealthEX and follow these easy steps:
✔ Choose the pair and the amount for your exchange. For example BTC to ETH.
✔ Press the “Start exchange” button.
✔ Provide the recipient address to which the coins will be transferred.
✔ Move your cryptocurrency for the exchange.
✔ Receive your coins.
Follow us on Medium, Twitter, Facebook, and Reddit to get StealthEX.io updates and the latest news about the crypto world. For all requests message us via [[email protected]](mailto:[email protected]).
The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.
Original article was posted on https://stealthex.io/blog/2020/09/29/how-does-cryptocurrency-works/
submitted by Stealthex_io to StealthEX [link] [comments]

Thanks DataLight. Top 10 coins capitalization race 🚀 Hard to see BTC falling anytime soon if at all.

Thanks DataLight. Top 10 coins capitalization race 🚀 Hard to see BTC falling anytime soon if at all. submitted by Kashpantz to Bitcoin [link] [comments]

Writing a short early history of ICOs, starting with altcoins - anything important I've missed?

This is for the forever-forthcoming ICO book. But I figured I needed to talk about altcoins first, the previous generation of shitcoins. This is mostly from dredging early altcoin stuff on Bitcointalk.
There needs to be a bit of the end that leads from The DAO as a world-famous ICO to the 2017 crypto bubble, and ICOs booming in that. Is there anything super-relevant I've missed? In the context of ICOs as we now know them, not just altcoins. Ethereum and Ripple probably.
The early history of ICOs
In the beginning was Bitcoin.
That’s the start for every cryptocurrency and blockchain story. Different parts are important to different people — fun and interesting technology, decentralised money, fighting the oppressive statist jackboots of taxation, sticking it to the man.
What ICOs inherit from Bitcoin is the notion of inventing your own magical Internet money — so you can get rich for free. Bitcoin was released in January 2009 as an open protocol, implemented as open source code — anyone could take a copy of it, twiddle it a bit and have a new coin. It took until April 2011 for the first “fork” of the Bitcoin code to come out — Namecoin, an attempt at a decentralised replacement for the Internet’s Domain Name Service (DNS).[1]
It was another four months until someone came up with a general altcoin, usable as a Bitcoin-style payment system — Ixcoin, on 10 August 2011.[2] The creator, “Thomas Nasakioto” — an anagram of "Satoshi Nakamoto"; he used a picture of Japanese actor Hiroyuki Sanada as his forum avatar — disappeared less than a month later, having scored about 50 bitcoins in the process. “Pretty sure it’s dead,” said one commenter. “It has served his purpose. Many people made quite a few BTC out of it.”[3]
A flood of what were rapidly labeled “altcoins” followed — i0coin, Solidcoin, RRCoin, Tenebrix, Litecoin. The Freenode Internet Relay Chat network started banning cryptocurrency servers that made automated network announcements around this time, rather than deal with what looked “like a botnet using their network.”[4]
The first Initial Coin Offering as we know it is commonly held to be Mastercoin in July 2013.[5] Mastercoin became OmniLayer — the platform for Tether. Mastercoin was the first sale of a token that ran as an application on top of another blockchain — in this case, Bitcoin: “I am VERY excited to announce that I now have a complete specification for building a protocol layer on top of bitcoin (like how HTTP runs on top of TCP/IP).”
Mastercoin didn’t use the phrase “Initial Coin Offering.” The phrase “IPO” — “Initial Public Offering,” in the manner of stock offerings for companies going public — was being used for altcoin offerings by 2014. IronBankCoin used “initial coin offering” and “ICO” by July 2014 — “The initial coin offering will be of 21% of the coin cap during the PoW (Proof of Work) stage” and “Initial Distribution of the Land (ICO info): ICO? Aren't those all scams?”[6]
Mastercoin never really took off as a token platform — that didn’t come until Ethereum made tokens easy to set up in 2015, and The DAO got press worldwide in 2016 by showing just how much money an ICO could pull in. Even as The DAO proceeded to lose $50 million to a hacker five days after launch.
  1. vinced. “(announce) Namecoin - a distributed naming system based on Bitcoin.” BitcoinTalk Bitcoin Forum > Bitcoin > Bitcoin Discussion, 18 April 2011.
  2. Nasakioto. “[ANNOUNCE] Mining on Ixcoin, a new Bitcoin fork.” Ixcoin Forum, 10 August 2011. (archive)
  3. Mindphlux. “Re: What happened to the ixcoin founder? Is Ixcoin dead?” BitcoinTalk Bitcoin Forum > Other > Alternate cryptocurrencies, 9 September 2011.
  4. DannyM. “Ixcoin, I0coin, future forks: Please respect Freenode Network.” BitcoinTalk Bitcoin Forum > Other > Alternate cryptocurrencies, 16 August 2011
  5. Dacoinminster. “OFFICIAL LAUNCH: New Protocol Layer Starting FromNew Protocol Layer Starting From ‘The Exodus Address’.” BitcoinTalk Bitcoin Forum > Bitcoin > Project Development, 31 July 2013.
  6. IronBankCoin. “(Pre-ANN)(IBC) IronBankCoin | 90-day PoW~PoS | Own part of the Known World.” BitcoinTalk Bitcoin Forum > Alternate cryptocurrencies > Announcements (Altcoins), 17 June 2014, updated 28 July 2014.
submitted by dgerard to Buttcoin [link] [comments]

Is Dogecoin really going to refuse to evolve?

**Edit add- I created a poll here, please vote so we can get an idea of where the community is at! http://www.strawpoll.me/10818427 **
I have a lot of love for Dogecoin, this is the friendliest community in cryptocurrency, and perhaps the friendliest community I ever met in my life. I'm a loyal person, and thus have stuck with Dogecoin since Feb 2014. I made a post a few months ago suggesting some hard fork changes, they did seem fairly well received but alas... we haven't gone anywhere.
To me, Dogecoin is akin to a beautiful girl, who didn't do anything in her 20's, or 30's and is now starting to lose her beauty. Not all to her fault, she thought there was going to be a lot more balls and parties to go to in her youth, but they never happened.
So we are at a point here. We can keep on waiting... and relying on a huge Bitcoin led cryptocurrency bubble, in which champagne will overflow to Dogecoin (but meanwhile keep rotting away, for lack of better way to say it), or we can try to make a change.
One big improvement we could make is a dynamic block size limit, so that we create buzz around the fact that we wont have the same issues as Bitcoin. Or who knows, I'm open to other ideas too, but all in all, it would be nice to see our currency evolve and adapt, rather than be left by the side of the road, that is all.
submitted by TommyEconomics to dogecoin [link] [comments]

We need to support Namecoin

The relationship between Namecoin and Bitcoin are of a symbiotic nature. Namecoin uses Bitcoin's mining network via merged mining. Namecoin adds value to Bitcoin by answering one of the most difficult computer science challenges facing us in terms of achieving a free internet.
The problem with having a DNS protocol backed by a distributed system rather than centralized authority is speed. You need a lot of nodes to have such a system work in a reliable timely manner. Making a protocol is one thing, but giving people incentive to participate in the network well that's the challenge. Namecoin puts a monetary incentive for people to participate in the network which supports a DNS protocol backed by a distributed system. This means the FBI can't simply seize domains anymore.
Now I don't think Namecoin is as revolutionary as Bitcoin is, but it is certainly a heavy hitter.
There was a talk earlier this year when the Snowden/NSA thing broke. It was about how do we develop a secure/private internet. DNS was one of the largest problems they had to face. Not so much in developing a protocol that could meet the needs, but in so much in getting people to participate. I believe Namecoin is the answer to this problem.
If anyone can link to that talk I would be very grateful.
submitted by lizard450 to Bitcoin [link] [comments]

Top crypto events over the last decade

Top crypto events over the last decade
https://preview.redd.it/5ct38iefxwg41.png?width=3600&format=png&auto=webp&s=36bbfa32ede0eaed258881791acaf42cba5a39d7
2020 marks a decade since cryptocurrency became a part of a daily routine. Mass adoption of crypto started with Bitcoin’s appearance in 2009. A lot has happened in the Crypto World since then. Now let’s take a look at the most significant events over the last crypto decade.
  • In 2009 the first block of Bitcoins was mined for a 50 Bitcoins reward. The same year there was the first Bitcoin hard fork which gave us Namecoin.
  • The first exchange appeared in 2010. It was bitcoinmarket.com which doesn’t exist anymore. The same year it was hacked for the first time. This unpleasant event showed the most obvious flaws in the system though. It was rather important to understand all the possible drawbacks, and right up to this moment a lot of efforts are taken to prevent accidents like these.
https://preview.redd.it/2bei49bgxwg41.jpg?width=992&format=pjpg&auto=webp&s=c17047ee3bfbe43102fb786469fe53abd45e70df
  • 2010 was also a year when investors appeared. A lot of people are looking for an opportunity to invest in crypto now, but it has taken some time to learn that crypto can actually be an investment.
  • 2011 was a year of cryptocurrencies’ debuts. Swiftcoin appeared, and as a result of the second Bitcoin hard fork Litecoin came to the Crypto World.
  • In 2011, a physicist by training, 29-year-old Ross William Ulbricht, registered the Internet community called Silk Road on the anonymous Tor network. It has become one of the largest drug trafficking sites in the world. While the site was working, it managed to serve about a million customers, and the turnover of illicit substances exceeded $200 million. Almost all the payments were made in Bitcoins. In October 2013, the FBI closed the Silk Road and arrested 144,000 bitcoins, which at that time was about $100 million.
  • In 2012 people started talking about Bitcoin. It was even mentioned in some TV shows.
  • 2012 was marked by the birth of XRP.
  • By 2013 there were around 10 cryptocurrency assets.
  • In 2013 arguments about cryptocurrency regulation started. Countries had to find a way to deal with new technologies. Germany, Thailand, and China prohibited the use of cryptocurrencies. At the same time Canada launched the very first Bitcoin ATM.
https://preview.redd.it/ifqduu7hxwg41.jpg?width=900&format=pjpg&auto=webp&s=9139c1dd510c504aea5ee0508e692be72b07f999
  • 2014 is famous for the biggest cryptocurrency exchange hack. 850 000 BTC was stolen when the Mt.Gox exchange was hacked.
  • In 2015 several new cryptocurrencies appeared. The Ethereum ecosystem was introduced. Thanks to Ethereum we use smart contracts now.
  • In 2015 the number of Bitcoin ATMs increased, and Argentina started to accept crypto as a payment for taxi rides.
  • In 2015 all the ICOs started. Augur was the first to do this.
  • Starting from 2015 more and more cryptocurrencies appeared. As a result we have 200 000 tokens running on smart contracts now.
  • In 2017 Japan decided to legalize Bitcoin as a payment method. In Norway Bitcoin became an authorized investment and payment.
  • 2017 is famous for the appearance of the most adorable blockchain project, CryptoKitties. It is not a currency, but an asset. The main thing that distinguishes CryptoKitties from all the other tokens is the uniqueness. Usually tokens are interchangeable. The value of your assets is expressed primarily in the number of tokens you have. The value of each CryptoKitty is different. What kinds of CryptoKitties you have is important. So, your only CryptoKitty may cost more than three CryptoKitties of another user. Nonetheless, CryptoKitties are in fact ERC-721 tokens built on the Ethereum blockchain. Everything is administered by smart contracts, and ETH is used for all transactions. CryptoKitties became very famous. Since December 2, new kitties appeared every 15 minutes. They became a powerful tool in showing people how to use blockchain technologies in a fun way. CryptoKitties were so attractive that at a certain moment in 2017 they congested the Ethereum network.
https://preview.redd.it/0tfc13zhxwg41.jpg?width=2500&format=pjpg&auto=webp&s=cdd8291103d4d943d9de8390e130b9da3eb7eae8
  • 15 November 2018 was the time when BCH hard fork happened. It was a result of the inner conflict between two camps: Roger Ver and Jihan Wu on the one side, and Craig Steven Wright and Calvin Ayre on the other side. This discord was caused by different versions of software. The whole thing culminated in creating BCH with 32 MB block size limit and BSV (Bitcoin Satoshi’s Vision) with 128 MB block size limit.
  • 2018 was time for European countries to come together and discuss cryptocurrency regulation.
  • 2019 was not a good year for XRP. In June wallets that were hosted on Gatehub were hacked and 23 200 000 XRP was stolen. Upbit exchange did not have a great year either. It was hacked and lost 10 000 ETH.
https://preview.redd.it/r28fh1lixwg41.jpg?width=997&format=pjpg&auto=webp&s=0647df98dca5d5ad973649787415a0f56c27f360
There were a lot of attempts to create a digital currency. Not all of them were successful. Finally, Bitcoin appeared and changed the world’s perception of the concept. It came a long way and became a whole industry. It is developing constantly involving more and more people on the way. The list of new cryptocurrencies is expanding rapidly. For the next decade there are still some problems to solve, but nonetheless the future of cryptocurrency seems to be extremely exciting.
submitted by SimpleSwapExchange to btc [link] [comments]

Crypto Telegram Groups

Cryptocurrencies:
@AelfBlockchain - ELF@Aeternity - AE@ArdorPlatform - ARDR@ArkEcosystem - ARK@AugurProject - REP@BATProject - BAT@BeamPrivacy - BEAM@LetsLiveBela - BELA@BitbayOfficial - BCN@Bitcoin - BTC@BitcoinCore - BTC@BitcoinCashFork - BCH@BitcoinGoldHQ - BTG@Bitshares_Community - BTS@BSVChat - BSV@BTTBitTorrent - BTT@BytecoinChat - BCN@BytomInternational - BTM@CallistoNet - CLO@CardanoGeneral - ADA@CentralityOfficialTelegram CENNZ@CloakProject - CLOAK@ChainLinkOfficial - LINK@CosmosProject - ATOM@Counterparty_XCP - XCP@CryptoComOfficial - MCO@CyberMilesToken - CMT@Dash_Chat - DASH@Decred - DCR@Dfinity - DFN@DigiBytecoin - DGB@DigixDAO - DGD@TheDogeHouse - DOGE@Electracoin - ECA@Emercoin_Official - EMC@EnigmaProject - ENG@EOSProject - EOS@EthClassic - ETC@Ether - ETH@EUNOofficial - EUNO@Everipedia - IQ@FactomFCT - FCT@Filecoin - FIL@GnosisPM - GNO@Grincoin - GRIN@Groestl - GRS@Hyperledger@IOTAtangle - IOTA@KomodoPlatform_Official - KMD@KyberNetwork - KNC@LAToken - LA@Litecoin - LTC@MaidSafeCoin - MAID@MakerDAOOfficial - MKR@Monero - XMR@Namecoin - NMC@Navcoin - NAV@Nemred - XEM@Neo_Blockchain - NEO@NervaXNV - XNV@Nimiq - NIM@NxtCommunity - NXT@OmiseGo - OMG@OmniLayer - OMNI@OntologyNetwork - ONT@Peercoin - PPC@PolymathNetwork - POLY@QtumOfficial - QTUM@RavencoinDev - RVN@Ripple - XRP@RSKOfficialCommunity - RIF@Siacoin - SIA@SirinLabs - SRN@Sonm_Eng - SNM@StellarLumens - XLM@StratisPlatform - STRAT@TezosPlatform - XTZ@TronNetworkEN - TRX@UnobtaniumUNO - UNO@Vechain_Official_English - VET@VertcoinCrypto - VTC@Viacoin - VIA@ViberateOfficial - VIB@VSYSOfficialGroup - VSYS@WavesCommunity - WAVES@ZB_English - ZB@ZCashco - ZEC@ZClassicCoin - ZCL@ZCoinProject - XZC

Crypto Communities:
@Aetrader - EN@Allemaalrijk - NL@Altcoins - EN @ArgenPool - ES@AussieCrypto - EN @UKBitcoin - EN@Binarydotcom - EN@BitcoinChat - EN @BitcoinInvestimento - PT @BitNovosti - RU @BitUniverse - EN@BlockhcainMinersGroup - EN@BsodPool - RU@BTCFinland - EN@BTChat - RU@BullBearr - EN@CoinFarm - EN @CoinGecko - EN @CoinMarketCap - EN @CoinPaprika - EN @CrypticIndia - EN@Crypto_CN - ZH @Crypto_ON - RU @CryptoAdvisorOfficial - EN@CryptoAquarium - EN @CryptoBeats - EN @CryptoBoerderij - NL @CryptoCharity - EN@CryptoCoinClub - EN@CryptoExpo_Moscow - RU@CryptoGene - EN@CryptoGifs - EN @CryptoGurusOfficial - EN@CryptoInsidersLobby -@CryptoHispanonet - ES@CryptoMining - EN @CryptoMondayDE - DE@CryptoOnMining - RU@CryptoRomania - RO @CryptoTipsChatFR - EN@CrypVision - DE @ElijaBoomC - EN@FanaticosCriptos - PT @ICOCountdown - EN@ILoveNina - EN@IndiaBits - EN @Kampungkoin - EN@KriptoTurkiye - TR @KryptoCoinsDE - DE@KryptoDETrading - DE @KryptoVerSteuerung - DE@MinerSpeak - EN@MiningBazar - RU @MMCryptoENG - EN@RepublicCrypto - EN@SideChains - EN@SmartContracts - EN@SportsBet - EN @StrapeCharts - EN@TamilBTC - EN@TheCoinFarm - EN @TheCryptoMob - EN@TokenMarket - EN@TrezorTalk - EN@Trollbox - EN @WCSETalks - EN@WhaleClub - EN (Invite Only)@WhaleClubClassRoom - EN@WhalePoolBTC - EN @WhaleTankChat - EN@XMRMine - EN
Crypto News Channels:
@AltCoin - EN@Avalbit - EN@Bit_Novosti - RU @BitcoinBravado - EN @BitcoinChannel - EN@BitcoinExchangeGuide - EN@BitcoinMagazinebot - EN @BitOracle - RU@BitRu - RU@CDiamonds - EN@Coin_Analyse - DE@CoinCentral - EN@CoinDesk - EN @CoinGape - EN@CoinNewsChannel - EN@CoinNewsDE - DE@CoinTelegraph - EN @Cointified - EN @Cripto247 - ES@CriptoNoticias - ES @Crypto_News_Channel - EN@CryptoAlerts - EN @CryptoAMB - EN@CryptoAsiaNews - ZH @CryptoChan - RU@CryptoClubAlerts - EN@CryptoCurrency - EN@CryptoExplorerChannel - EN@CryptoMartez - EN@CryptoNinja_News - EN@CryptoNyka - RU@CryptoRankNews - EN @CryptoSentinel - EN@CryptoSeson2020 - EN@CryptoSlateNews - EN@CryptoSnippets - EN@DecentralBox - DE @ForkLog - RU @JingBao - ZH @Krepta_News - RU@Krypto_Deutschland - DE@KryptoNachrichten - DE@NewCryptoJournal - EN@MGonCrypto - EN @OneMinuteLetter - EN@RichardsCalls - EN@SmartLiquidNews - EN@TheBCJ - RU @TONorg - EN @Unfolded - EN @WhalebotAlerts - EN @Xblockchain - FA

Trading Analysis:
@Altchica - EN@AltcoinWhales - EN @AnhemTrader - VI@Bitafta - EN@CacheStation - EN @Checksig - EN @CryptoCharters - EN @CryptoCredTA - EN @CryptoInMinutes - EN@CryptoScanner100Eyes - EN @ExcavoChannel - EN@KXiantu - ZH @Pierre_Crypt0_Public - EN@PsychoChromatic - EN @SalsaTekila - EN@ScalpingMF - EN@T45Investments - RU@TASmartAlerts - EN@TheLionDen - EN@TraderMillClub - EN@WCSEChannel - EN@WCSERussia - RU@WhaleTank - EN@WinterWolvesTA - EN @WolfPackSignals - EN
Indicator Bots:
@Crypto_Scanner - EN@CryptoQuantBotChannel - EN@BitmexRekts - EN@BounceBotBin - EN@Coin_Pulse - EN@Coin_Pulse_Listing - EN@CoinTrendz - EN @CryptoChan_HighLowPulse - EN @DataLightMe - EN@WallMonitor - EN @Whale_Alert_io - EN @WhaleCalls - EN @WhalepoolBTCFeed - EN @WhaleSniper - EN
submitted by Aztek_btc to cryptogroups [link] [comments]

If you think you missed out on the internet craze then give Cryptocurrency a shot!

If You Idea You Missed Out On The Web Earnings Transformation Attempt CryptoCurrency
When the majority of people consider cryptocurrency they may too be considering puzzling currency. Really couple of individuals appear to understand what it is and for some factor everybody appears to be speaking about it as if they do. This report will ideally debunk all the elements of cryptocurrency so that by the time you're ended up reading you will have a respectable concept of what it is and what it's everything about.
You might discover that cryptocurrency is for you or you might not however a minimum of you'll have the ability to talk with a degree of certainty and understanding that others will not have.
There are lots of people who have actually currently reached millionaire status by handling cryptocurrency. Plainly there's a great deal of cash in this brand name brand-new market.
Cryptocurrency is electronic currency, brief and easy. Nevertheless, what's not so brief and basic is precisely how it comes to have worth. Check out our guide on how to sell btc to figure out how you can turn that beloved coin into cold hard cash.
Cryptocurrency is a digitized, virtual, decentralized currency produced by the application of cryptography, which, according to Merriam Webster dictionary, is the "digital encoding and decoding of info". Cryptography is the structure that makes debit cards, computer system banking and eCommerce systems possible.
Cryptocurrency isn't backed by banks; it's not backed by a federal government, however by an exceptionally complex plan of algorithms. Cryptocurrency is electrical power which is encoded into complicated strings of algorithms. What provides financial worth is their complexity and their security from hackers. The manner in which crypto currency is made is merely too hard to replicate.
Cryptocurrency remains in direct opposition to what is called fiat cash. Fiat cash is currency that gets its worth from federal government judgment or law. The dollar, the yen, and the Euro are all examples. Any currency that is specified as legal tender is fiat cash.
Unlike fiat cash, another part of what makes crypto currency important is that, like a product such as silver and gold, there's just a limited quantity of it. Just 21,000,000 of these very complicated algorithms were produced. No more, no less. It can't be changed by printing more of it, like a federal government printing more cash to pump up the system without support. Or by a bank changing a digital journal, something the Federal Reserve will advise banks to do to change for inflation.
Cryptocurrency is a method to acquire, offer, and invest that totally prevents both federal government oversight and banking systems tracking the motion of your cash. In a world economy that is destabilized, this system can end up being a steady force.
Cryptocurrency likewise offers you a good deal of privacy. Regrettably this can result in abuse by a criminal aspect utilizing crypto currency to their own ends simply as routine cash can be misused. Nevertheless, it can likewise keep the federal government from tracking your every purchase and attacking your individual privacy.
Cryptocurrency can be found in many kinds. Bitcoin was the very first and is the requirement from which all other cryptocurrencies pattern themselves. All are produced by careful alpha-numerical calculations from a complex coding tool. Some other cryptocurrencies are Litecoin, Namecoin, Peercoin, Dogecoin, and Worldcoin, among others. These are called altcoins as a generalized name. The costs of each are controlled by the supply of the particular cryptocurrency and the need that the marketplace has for that currency.
The method cryptocurrency is brought into presence is rather interesting. Unlike gold, which needs to be mined from the ground, cryptocurrency is simply an entry in a virtual journal which is saved in different computer systems all over the world. These entries need to be 'mined' utilizing mathematical algorithms. Private users or, most likely, a group of users run computational analysis to discover specific series of information, called blocks. The 'miners' discover information that produces a specific pattern to the cryptographic algorithm. At that point, it's used to the series, and they have actually discovered a block. After a comparable information series on the block compares with the algorithm, the block of information has actually been unencrypted. The miner gets a benefit of a particular quantity of cryptocurrency. As time goes on, the quantity of the benefit reduces as the cryptocurrency ends up being scarcer. Contributing to that, the intricacy of the algorithms in the look for brand-new blocks is likewise increased. Computationally, it ends up being more difficult to discover a coordinating series. Both of these circumstances come together to reduce the speed in which cryptocurrency is produced. This mimics the trouble and deficiency of mining a product like gold.
Now, anybody can be a miner. The pioneers of Bitcoin made the mining tool open source, so it's totally free to anybody. Nevertheless, the computer systems they utilize run 24 hr a day, 7 days a week. The algorithms are exceptionally intricate and the CPU is running complete tilt. Numerous users have actually specialized computer systems made particularly for mining cryptocurrency. Both the user and the specialized computer system are called miners.
Miners (the human ones) likewise keep journals of deals and serve as auditors, so that a coin isn't replicated in any method. This keeps the system from being hacked and from running amok. They're spent for this work by getting brand-new cryptocurrency weekly that they preserve their operation. They keep their cryptocurrency in specialized files on their computer systems or other individual gadgets. These files are called wallets.
submitted by AccomplishedWelder4 to cryptochat [link] [comments]

Top crypto events over the last decade

Top crypto events over the last decade

https://preview.redd.it/knrz672dwwg41.png?width=3600&format=png&auto=webp&s=5f3ebf91ec0d2d6fddc9384fd973315cf7e4e3e5
2020 marks a decade since cryptocurrency became a part of a daily routine. Mass adoption of crypto started with Bitcoin’s appearance in 2009. A lot has happened in the Crypto World since then. Now let’s take a look at the most significant events over the last crypto decade.
  • In 2009 the first block of Bitcoins was mined for a 50 Bitcoins reward. The same year there was the first Bitcoin hard fork which gave us Namecoin.
  • The first exchange appeared in 2010. It was bitcoinmarket.com which doesn’t exist anymore. The same year it was hacked for the first time. This unpleasant event showed the most obvious flaws in the system though. It was rather important to understand all the possible drawbacks, and right up to this moment a lot of efforts are taken to prevent accidents like these.
https://preview.redd.it/6h4rluwdwwg41.jpg?width=992&format=pjpg&auto=webp&s=d9b938d15142eac43a64a05a1d11b492e2f1f322
  • 2010 was also a year when investors appeared. A lot of people are looking for an opportunity to invest in crypto now, but it has taken some time to learn that crypto can actually be an investment.
  • 2011 was a year of cryptocurrencies’ debuts. Swiftcoin appeared, and as a result of the second Bitcoin hard fork Litecoin came to the Crypto World.
  • In 2011, a physicist by training, 29-year-old Ross William Ulbricht, registered the Internet community called Silk Road on the anonymous Tor network. It has become one of the largest drug trafficking sites in the world. While the site was working, it managed to serve about a million customers, and the turnover of illicit substances exceeded $200 million. Almost all the payments were made in Bitcoins. In October 2013, the FBI closed the Silk Road and arrested 144,000 bitcoins, which at that time was about $100 million.
  • In 2012 people started talking about Bitcoin. It was even mentioned in some TV shows.
  • 2012 was marked by the birth of XRP.
  • By 2013 there were around 10 cryptocurrency assets.
  • In 2013 arguments about cryptocurrency regulation started. Countries had to find a way to deal with new technologies. Germany, Thailand, and China prohibited the use of cryptocurrencies. At the same time Canada launched the very first Bitcoin ATM.
https://preview.redd.it/yqmqqpwewwg41.jpg?width=900&format=pjpg&auto=webp&s=97a8adbdd1dded2c33aa1c9651175d54651454a1
  • 2014 is famous for the biggest cryptocurrency exchange hack. 850 000 BTC was stolen when the Mt.Gox exchange was hacked.
  • In 2015 several new cryptocurrencies appeared. The Ethereum ecosystem was introduced. Thanks to Ethereum we use smart contracts now.
  • In 2015 the number of Bitcoin ATMs increased, and Argentina started to accept crypto as a payment for taxi rides.
  • In 2015 all the ICOs started. Augur was the first to do this.
  • Starting from 2015 more and more cryptocurrencies appeared. As a result we have 200 000 tokens running on smart contracts now.
  • In 2017 Japan decided to legalize Bitcoin as a payment method. In Norway Bitcoin became an authorized investment and payment.
  • 2017 is famous for the appearance of the most adorable blockchain project, CryptoKitties. It is not a currency, but an asset. The main thing that distinguishes CryptoKitties from all the other tokens is the uniqueness. Usually tokens are interchangeable. The value of your assets is expressed primarily in the number of tokens you have. The value of each CryptoKitty is different. What kinds of CryptoKitties you have is important. So, your only CryptoKitty may cost more than three CryptoKitties of another user. Nonetheless, CryptoKitties are in fact ERC-721 tokens built on the Ethereum blockchain. Everything is administered by smart contracts, and ETH is used for all transactions. CryptoKitties became very famous. Since December 2, new kitties appeared every 15 minutes. They became a powerful tool in showing people how to use blockchain technologies in a fun way. CryptoKitties were so attractive that at a certain moment in 2017 they congested the Ethereum network.
https://preview.redd.it/uvifvwtfwwg41.jpg?width=2500&format=pjpg&auto=webp&s=2091e747922b81efae9257d15e924d804eb85bfd
  • 15 November 2018 was the time when BCH hard fork happened. It was a result of the inner conflict between two camps: Roger Ver and Jihan Wu on the one side, and Craig Steven Wright and Calvin Ayre on the other side. This discord was caused by different versions of software. The whole thing culminated in creating BCH with 32 MB block size limit and BSV (Bitcoin Satoshi’s Vision) with 128 MB block size limit.
  • 2018 was time for European countries to come together and discuss cryptocurrency regulation.
  • 2019 was not a good year for XRP. In June wallets that were hosted on Gatehub were hacked and 23 200 000 XRP was stolen. Upbit exchange did not have a great year either. It was hacked and lost 10 000 ETH.
https://preview.redd.it/1km3kvrgwwg41.jpg?width=997&format=pjpg&auto=webp&s=e07c6929dafd73535dfab29e243966bbddd19d3f
There were a lot of attempts to create a digital currency. Not all of them were successful. Finally, Bitcoin appeared and changed the world’s perception of the concept. It came a long way and became a whole industry. It is developing constantly involving more and more people on the way. The list of new cryptocurrencies is expanding rapidly. For the next decade there are still some problems to solve, but nonetheless the future of cryptocurrency seems to be extremely exciting.
submitted by SimpleSwapExchange to CryptoCurrencyTrading [link] [comments]

Debating on Joining Litecoin.

Why should I? Sell Litecoin to me!
submitted by gill6150 to litecoin [link] [comments]

Top crypto events over the last decade

Top crypto events over the last decade

https://preview.redd.it/sq4dzdy5vwg41.png?width=3600&format=png&auto=webp&s=78d5072b99f48b3cfa6cd07afda9f3b562bcf324
2020 marks a decade since cryptocurrency became a part of a daily routine. Mass adoption of crypto started with Bitcoin’s appearance in 2009. A lot has happened in the Crypto World since then. Now let’s take a look at the most significant events over the last crypto decade.
  • In 2009 the first block of Bitcoins was mined for a 50 Bitcoins reward. The same year there was the first Bitcoin hard fork which gave us Namecoin.
  • The first exchange appeared in 2010. It was bitcoinmarket.com which doesn’t exist anymore. The same year it was hacked for the first time. This unpleasant event showed the most obvious flaws in the system though. It was rather important to understand all the possible drawbacks, and right up to this moment a lot of efforts are taken to prevent accidents like these.
https://preview.redd.it/ydgdqdw6vwg41.jpg?width=992&format=pjpg&auto=webp&s=238682017e54ff82ba8d7b6bf759c31f980a504e
  • 2010 was also a year when investors appeared. A lot of people are looking for an opportunity to invest in crypto now, but it has taken some time to learn that crypto can actually be an investment.
  • 2011 was a year of cryptocurrencies’ debuts. Swiftcoin appeared, and as a result of the second Bitcoin hard fork Litecoin came to the Crypto World.
  • In 2011, a physicist by training, 29-year-old Ross William Ulbricht, registered the Internet community called Silk Road on the anonymous Tor network. It has become one of the largest drug trafficking sites in the world. While the site was working, it managed to serve about a million customers, and the turnover of illicit substances exceeded $200 million. Almost all the payments were made in Bitcoins. In October 2013, the FBI closed the Silk Road and arrested 144,000 bitcoins, which at that time was about $100 million.
  • In 2012 people started talking about Bitcoin. It was even mentioned in some TV shows.
  • 2012 was marked by the birth of XRP.
  • By 2013 there were around 10 cryptocurrency assets.
  • In 2013 arguments about cryptocurrency regulation started. Countries had to find a way to deal with new technologies. Germany, Thailand, and China prohibited the use of cryptocurrencies. At the same time Canada launched the very first Bitcoin ATM.
https://preview.redd.it/ihloag98vwg41.jpg?width=900&format=pjpg&auto=webp&s=66a54edb739c689139213d387b33c29a97b7480d
  • 2014 is famous for the biggest cryptocurrency exchange hack. 850 000 BTC was stolen when the Mt.Gox exchange was hacked.
  • In 2015 several new cryptocurrencies appeared. The Ethereum ecosystem was introduced. Thanks to Ethereum we use smart contracts now.
  • In 2015 the number of Bitcoin ATMs increased, and Argentina started to accept crypto as a payment for taxi rides.
  • In 2015 all the ICOs started. Augur was the first to do this.
  • Starting from 2015 more and more cryptocurrencies appeared. As a result we have 200 000 tokens running on smart contracts now.
  • In 2017 Japan decided to legalize Bitcoin as a payment method. In Norway Bitcoin became an authorized investment and payment.
  • 2017 is famous for the appearance of the most adorable blockchain project, CryptoKitties. It is not a currency, but an asset. The main thing that distinguishes CryptoKitties from all the other tokens is the uniqueness. Usually tokens are interchangeable. The value of your assets is expressed primarily in the number of tokens you have. The value of each CryptoKitty is different. What kinds of CryptoKitties you have is important. So, your only CryptoKitty may cost more than three CryptoKitties of another user. Nonetheless, CryptoKitties are in fact ERC-721 tokens built on the Ethereum blockchain. Everything is administered by smart contracts, and ETH is used for all transactions. CryptoKitties became very famous. Since December 2, new kitties appeared every 15 minutes. They became a powerful tool in showing people how to use blockchain technologies in a fun way. CryptoKitties were so attractive that at a certain moment in 2017 they congested the Ethereum network.
https://preview.redd.it/oz48y1g9vwg41.jpg?width=2500&format=pjpg&auto=webp&s=4721d40913ca0de719e07331300d979610ea68b7
  • 15 November 2018 was the time when BCH hard fork happened. It was a result of the inner conflict between two camps: Roger Ver and Jihan Wu on the one side, and Craig Steven Wright and Calvin Ayre on the other side. This discord was caused by different versions of software. The whole thing culminated in creating BCH with 32 MB block size limit and BSV (Bitcoin Satoshi’s Vision) with 128 MB block size limit.
  • 2018 was time for European countries to come together and discuss cryptocurrency regulation.
  • 2019 was not a good year for XRP. In June wallets that were hosted on Gatehub were hacked and 23 200 000 XRP was stolen. Upbit exchange did not have a great year either. It was hacked and lost 10 000 ETH.
https://preview.redd.it/djmzr6oavwg41.jpg?width=997&format=pjpg&auto=webp&s=d08c447c081fd0e4d7f90762c8a66262b6dfb547
There were a lot of attempts to create a digital currency. Not all of them were successful. Finally, Bitcoin appeared and changed the world’s perception of the concept. It came a long way and became a whole industry. It is developing constantly involving more and more people on the way. The list of new cryptocurrencies is expanding rapidly. For the next decade there are still some problems to solve, but nonetheless the future of cryptocurrency seems to be extremely exciting.
submitted by SimpleSwapExchange to CryptoCurrencies [link] [comments]

Top crypto events over the last decade

Top crypto events over the last decade

https://preview.redd.it/ekj2hgx8uwg41.png?width=3600&format=png&auto=webp&s=3a28eac66dadcf8d7317d67040769c1d33991137
2020 marks a decade since cryptocurrency became a part of a daily routine. Mass adoption of crypto started with Bitcoin’s appearance in 2009. A lot has happened in the Crypto World since then. Now let’s take a look at the most significant events over the last crypto decade.
  • In 2009 the first block of Bitcoins was mined for a 50 Bitcoins reward. The same year there was the first Bitcoin hard fork which gave us Namecoin.
  • The first exchange appeared in 2010. It was bitcoinmarket.com which doesn’t exist anymore. The same year it was hacked for the first time. This unpleasant event showed the most obvious flaws in the system though. It was rather important to understand all the possible drawbacks, and right up to this moment a lot of efforts are taken to prevent accidents like these.
https://preview.redd.it/qk5yekccuwg41.jpg?width=992&format=pjpg&auto=webp&s=8ad280e309b8745fa13e1ffdc7b6cc3260c49ec1
  • 2010 was also a year when investors appeared. A lot of people are looking for an opportunity to invest in crypto now, but it has taken some time to learn that crypto can actually be an investment.
  • 2011 was a year of cryptocurrencies’ debuts. Swiftcoin appeared, and as a result of the second Bitcoin hard fork Litecoin came to the Crypto World.
  • In 2011, a physicist by training, 29-year-old Ross William Ulbricht, registered the Internet community called Silk Road on the anonymous Tor network. It has become one of the largest drug trafficking sites in the world. While the site was working, it managed to serve about a million customers, and the turnover of illicit substances exceeded $200 million. Almost all the payments were made in Bitcoins. In October 2013, the FBI closed the Silk Road and arrested 144,000 bitcoins, which at that time was about $100 million.
  • In 2012 people started talking about Bitcoin. It was even mentioned in some TV shows.
  • 2012 was marked by the birth of XRP.
  • By 2013 there were around 10 cryptocurrency assets.
  • In 2013 arguments about cryptocurrency regulation started. Countries had to find a way to deal with new technologies. Germany, Thailand, and China prohibited the use of cryptocurrencies. At the same time Canada launched the very first Bitcoin ATM.
https://preview.redd.it/wp6ldohduwg41.jpg?width=900&format=pjpg&auto=webp&s=168d329de50a6f8b8bb4f7e2fd79c974405d91f0
  • 2014 is famous for the biggest cryptocurrency exchange hack. 850 000 BTC was stolen when the Mt.Gox exchange was hacked.
  • In 2015 several new cryptocurrencies appeared. The Ethereum ecosystem was introduced. Thanks to Ethereum we use smart contracts now.
  • In 2015 the number of Bitcoin ATMs increased, and Argentina started to accept crypto as a payment for taxi rides.
  • In 2015 all the ICOs started. Augur was the first to do this.
  • Starting from 2015 more and more cryptocurrencies appeared. As a result we have 200 000 tokens running on smart contracts now.
  • In 2017 Japan decided to legalize Bitcoin as a payment method. In Norway Bitcoin became an authorized investment and payment.
  • 2017 is famous for the appearance of the most adorable blockchain project, CryptoKitties. It is not a currency, but an asset. The main thing that distinguishes CryptoKitties from all the other tokens is the uniqueness. Usually tokens are interchangeable. The value of your assets is expressed primarily in the number of tokens you have. The value of each CryptoKitty is different. What kinds of CryptoKitties you have is important. So, your only CryptoKitty may cost more than three CryptoKitties of another user. Nonetheless, CryptoKitties are in fact ERC-721 tokens built on the Ethereum blockchain. Everything is administered by smart contracts, and ETH is used for all transactions. CryptoKitties became very famous. Since December 2, new kitties appeared every 15 minutes. They became a powerful tool in showing people how to use blockchain technologies in a fun way. CryptoKitties were so attractive that at a certain moment in 2017 they congested the Ethereum network.
https://preview.redd.it/hnqg73qfuwg41.jpg?width=2500&format=pjpg&auto=webp&s=4034a666c8b9b2ef14b5e538e31a5ee1c7f2648a
  • 15 November 2018 was the time when BCH hard fork happened. It was a result of the inner conflict between two camps: Roger Ver and Jihan Wu on the one side, and Craig Steven Wright and Calvin Ayre on the other side. This discord was caused by different versions of software. The whole thing culminated in creating BCH with 32 MB block size limit and BSV (Bitcoin Satoshi’s Vision) with 128 MB block size limit.
  • 2018 was time for European countries to come together and discuss cryptocurrency regulation.
  • 2019 was not a good year for XRP. In June wallets that were hosted on Gatehub were hacked and 23 200 000 XRP was stolen. Upbit exchange did not have a great year either. It was hacked and lost 10 000 ETH.
https://preview.redd.it/t9zexhphuwg41.jpg?width=997&format=pjpg&auto=webp&s=4e17b536c516bf599c2634ba955479131017d8de
There were a lot of attempts to create a digital currency. Not all of them were successful. Finally, Bitcoin appeared and changed the world’s perception of the concept. It came a long way and became a whole industry. It is developing constantly involving more and more people on the way. The list of new cryptocurrencies is expanding rapidly. For the next decade there are still some problems to solve, but nonetheless the future of cryptocurrency seems to be extremely exciting.
submitted by SimpleSwapExchange to CryptoMarkets [link] [comments]

Lyra2rev2 question

Hi all, just joined Zpool and mining lyra2rev2. I was under the impression 3 coins being mined for this algo are vertcoin,monacoin and Verge. I constantly see my miner mining mobilecash with little payout.... can somebody explain why?
submitted by cmfire to zpool [link] [comments]

Not everyone has to be a miner. This is open source money. There are lots of opportunities for innovation, and for hard work.

I'm not disparaging miners. Their work is important. Their work is risky. I just want to make the point that anyone looking for risk/reward doesn't have to look to mining alone.
submitted by _bc to Bitcoin [link] [comments]

I think namecoin is the only other alt-coin with serious value. What do you think?

Namecoin is the only other alt-coin that brings something new and useful to the table - i'm prepared to be proven wrong...
submitted by goofyflip to Bitcoin [link] [comments]

What Is Merged Mining?

Cryptocurrency mining is a broad subject, with many different facets. There are a number of different ways in which mining can be done, ranging from traditional dedicated hardware mining, like the ASICs, GPU mining, cloud mining or web browser mining, to name some.
However, a very interesting and less known concept is the one of merged mining. This process entails the mining of two coins that are based on the same algorithm, simultaneously. Basically, merged mining allows a miner to mine on more than one blockchain at a time. The added benefit to this is that the miner will contribute to both of the blockchain’s hashrates, hence increasing their security (lower threat of a 51% attack) and functionality.
Satoshi Nakamoto himself has written on the subject, in this Bitcointalk post from 2010 regarding Bitcoin specifically, saying:
I think it would be possible for BitDNS to be a completely separate network and separate block chain, yet share CPU power with Bitcoin. The only overlap is to make it so miners can search for proof-of-work for both networks simultaneously.
The networks wouldn’t need any coordination. Miners would subscribe to both networks in parallel. They would scan SHA such that if they get a hit, they potentially solve both at once. A solution may be for just one of the networks if one network has a lower difficulty.
I think an external miner could call getwork on both programs and combine the work. Maybe call Bitcoin, get work from it, hand it to BitDNS getwork to combine into a combined work.
Instead of fragmentation, networks share and augment each other’s total CPU power. This would solve the problem that if there are multiple networks, they are a danger to each other if the available CPU power gangs up on one. Instead, all networks in the world would share combined CPU power, increasing the total strength. It would make it easier for small networks to get started by tapping into a ready base of miners.
Perhaps the most discussed examples of merged mining are the pairs Bitcoin & Namecoin and Litecoin & Dogecoin. In a merged mining process, there always has to be a parent blockchain and an auxiliary one.
This process does not require any additional computing power from the miners, which is a big advantage.
First, a block of transactions for each chain has to be assembled. The next step is simply starting to mine. During the process there are 3 possible outcomes:
The biggest disadvantage of implementing merged mining is that within the auxiliary chain, there is implementation and development work involved and when switching, a hard fork is needed.
Overall, merged mining benefits miners, not so much investors, however it does offer other perks like increased security for the actual networks. Could be the perfect approach for new projects, in terms of protecting themselves from a 51% attack for example. It is an interesting implementation which more people should be aware of.
submitted by Gath3r_Web_Miner to Gath3r_WebMiner [link] [comments]

How do most of you feel about alt-coins, do you subscribe to the one crypto-currency view(i.e. only bitcoins), or the crypto-market view(multiple similar to how you have dollars, pounds, and euros)

How do most of you feel about alt-coins, do you subscribe to the one crypto-currency view(i.e. only bitcoins), or the crypto-market view(multiple similar to how you have dollars, pounds, and euros)?
So do you think only bitcoins will succeed, and the rest are useless ripoffs, or that a few/several currencies will succeed.
Personally I think at least three or four will succeed, and that will be good for bitcoin, as the existence of multiple currencies will further separate bitcoin from services such as credit cards and paypal.(i.e. from being a brand to being an actual currency).
What are your thoughts?
submitted by A_supporter to Bitcoin [link] [comments]

Bitsquare will support UASF Bitcoin not BitMainCoin

Today Bitmain release a blog post about their plans how to deal with a UASF fork. Here is another good summary of Jimmay Song: https://medium.com/@jimmysong/examining-bitmains-press-release-6b47b0646f15
This announcement of Bitmain is great news for Bitcoin as it removes a lot of uncertainty and give a lot of support for the UASF side. So Bitmain has become the biggest supporters for UASF by making it easier for those who would have preferred a more cautious and conservative approach (supporters of BIP149 like me) to get a more clear position.
Why? Because the hard-fork which will very likely happen and the included features like 8 MB blocks (or even unlimited block size) as well as the heavily Bitcoin Unlimited influenced road map is a very drastic divergence from the current version of Bitcoin. Not to talk about the unhealthy influence of a monopolistic ASIC and mining company who have proofed many times how damaging they are for Bitcoin (ASICBOOST, Antbleed, empty blocks, blocking SegWit,...).
As it is a hard fork it is also much more clear which of both coins (if both should survive) will be considered the real Bitcoin and which one the Altcoin. Theoretically the unchanged Bitcoin chain might be a valid alternative as well (and the real Bitcoin), but it can be assumed it will not get sufficient support to survive and would be vulnerable to the wipe-out risk as well as replay attacks.
So that reduces the choices to 2 options: - Bitmain Coin (Hardfork with 8MB blocks and BU road map) - UASF Bitcoin (original Bitcoin with enforced SegWit activation)
Should be an easy choice for most readers. SegWit itself has an overwhelming support. Only the way and strategy how to activate it was not supported so widely. That is now out of question as not supporting UASF means to support Bitmain. You cannot be neutral or passive.
There is another important factor. The hard fork will require software updates much more extensive than the UASF version bit change. Beside risks, that will mean that all agnostic, neutral and passive users or companies will likely go with UASF as he least disruptive, expensive and risky option. Same is true for SPV wallets. BitcoinJ which is used for Bitsquare has a check for the block size and will reject the Bitmain chain. So we have less troubles with a potential mess of mixed chains.
Thought there are still many other open problems and risks. We can expect that Bitmain will use its hash power to attack the UASF chain if they feel need for that. This might lead to all kind of unpleasant situations like long confirmation times, unclear amount of confirmations to be considered safe, very volatile tx fees and more. It is also not clear which forms of attacks can occur and how to protect users from those (e.g. Bitmain could silently mine on UASF and then make huge re-orgs, invalidating a lot of blocks and if the Fiat/Altcoin side has been settled it would lead to a BTC buyer who has lost his BTC. For an exchange that means undefined and uncontrollable risks (also on the legal side). Beside the risks there would be likely a huge effort for support and arbitration which would kick us back with our road map.
For all those reasons we need to halt trading on Bitsquare by revoking the 2 arbitrator nodes (both are run by me). Users cannot take an offer or create an offer if there is no arbitrator available.
But no worry we have an exit strategy!
With the next release we will support multiple base currencies. So the user can choose which base currency or market he or she wants to use. Currently it is only Bitcoin, then it will be Bitcoin, Litecoin and Doge. Dash is planned as well but requires more effort. Namecoin still has not P2SH but will added as soon that is implemented. All the other interesting coins which are very different to Bitcoin cannot be added soon as it requires a lot of development effort, but it is planned for the future to extend it to those as well. We started with those which caused the least effort and Litecoin has sufficient liquidity and hash power to be considered a realistic alternative.
By using another coin as base currency Bitsquare is not dependent on what is going on the Bitcoin block chain anymore and all the problems which might arise from the fork sceanrios are out of system, similar to the banking system or other altcoins. The selection of Bitcoin will be possible but arbitrator will only start to register once the situation is settled and can be considered safe again. Might be in 1 week, might be in 3 months, who knows...
So people can trade both the UASF Bitcoin and the BitMainCoin against LTC or DOGE in Bitsquare. The traders are responsible for themselves how to deal with any possible risk and problems when sending the Bitcoin. It is just another altcoin and the selected base currency (LTC or DOGE) is the currency which provides the security by utilizing features like MultiSig. Bitsquare does not know anything about the Bitcoin network in such a case.
There is the question how to name those competing chains. I would suggest to keep the ticker BTC for the UASF Bitcoin and use the UASF in brackets as post fix to make it more explicit (e.g. BTC -Bitcoin (UASF). For the Bitmain coin I would suggest either BMC or BUC (Bitcoin Unlimited Coin). Be assured the selection for the ticker BUC has nothing to do with the many bugs the Bitcoin Unlimited devs have produced in the past. ;-)
Ready now to add the UASF prefix to the Bitsquare twitter handle. Thanks Bitmain for making the situation more easy.
submitted by Manfred_Karrer to Bitcoin [link] [comments]

Pro Tip: How to turn your Reddit feed into a crypto aggregator

It's really simple.
Step 1) Unsubscribe from every other subreddit
Step 2) Subscribe to this list of crypto subreddits
Step 3) Train Reddit's homepage by upvoting threads in your favorite subreddits
Hope this helps. I've been using it for a month and it saves me enormous amounts of time.
http://www.reddit.com/Aeon
http://www.reddit.com/altcoin
http://www.reddit.com/Ardor
http://www.reddit.com/Augur
http://www.reddit.com/Best_of_Crypto
http://www.reddit.com/Bitcoin
http://www.reddit.com/bitcoin_devlist
http://www.reddit.com/bitcoin_uncensored
http://www.reddit.com/bitcoin_unlimited
http://www.reddit.com/BitcoinBeginners
http://www.reddit.com/BitcoinMarkets
http://www.reddit.com/BitcoinMining
http://www.reddit.com/BitcoinSerious
http://www.reddit.com/bitcoinxt
http://www.reddit.com/BitMarket
http://www.reddit.com/BitShares
http://www.reddit.com/blackcoin
http://www.reddit.com/BlockChain
http://www.reddit.com/btc
http://www.reddit.com/burstcoin
http://www.reddit.com/BytecoinBCN
http://www.reddit.com/crypto
http://www.reddit.com/CryptoCurrencies
http://www.reddit.com/CryptoCurrency
http://www.reddit.com/CryptoCurrencyTrading
http://www.reddit.com/CryptoKitties
http://www.reddit.com/CryptoMarkets
http://www.reddit.com/DashCoin
http://www.reddit.com/dashmarket
http://www.reddit.com/dashous
http://www.reddit.com/dashpay
http://www.reddit.com/DashTrader
http://www.reddit.com/decred
http://www.reddit.com/Digibyte
http://www.reddit.com/digix
http://www.reddit.com/dogecoin
http://www.reddit.com/DoItForTheCoin
http://www.reddit.com/DRKCoin
http://www.reddit.com/EmerCoin
http://www.reddit.com/ethdapps
http://www.reddit.com/ethdev
http://www.reddit.com/ethereum
http://www.reddit.com/EthereumClassic
http://www.reddit.com/EtherMining
http://www.reddit.com/Etherwork
http://www.reddit.com/ethinvestor
http://www.reddit.com/ethtrader
http://www.reddit.com/factom
http://www.reddit.com/GolemProject
http://www.reddit.com/gridcoin
http://www.reddit.com/icocrypto
http://www.reddit.com/ICONOMI
http://www.reddit.com/Jobs4Crypto
http://www.reddit.com/komodoplatform
http://www.reddit.com/lbry
http://www.reddit.com/Liberland
http://www.reddit.com/Lisk
http://www.reddit.com/litecoin
http://www.reddit.com/LitecoinMarkets
http://www.reddit.com/litecoinmining
http://www.reddit.com/Livecoinwatch
http://www.reddit.com/LivingOnBitcoin
http://www.reddit.com/maidsafe
http://www.reddit.com/mastercoin
http://www.reddit.com/mazacoin
http://www.reddit.com/melonproject
http://www.reddit.com/MintCoin
http://www.reddit.com/Monero
http://www.reddit.com/myriadcoin
http://www.reddit.com/Namecoin
http://www.reddit.com/nem
http://www.reddit.com/Neotrader
http://www.reddit.com/news
http://www.reddit.com/NiceHash
http://www.reddit.com/NobleCoin
http://www.reddit.com/NuBits
http://www.reddit.com/NXT
http://www.reddit.com/nyancoins
http://www.reddit.com/peercoin
http://www.reddit.com/pivx
http://www.reddit.com/PoloniexForum
http://www.reddit.com/primecoin
http://www.reddit.com/QuarkCoin
http://www.reddit.com/reddCoin
http://www.reddit.com/reptrader
http://www.reddit.com/Ripple
http://www.reddit.com/ripplers
http://www.reddit.com/SafeMarket
http://www.reddit.com/Shadowcash
http://www.reddit.com/shapeshiftio
http://www.reddit.com/siacoin
http://www.reddit.com/Stealthcoin
http://www.reddit.com/steemit
http://www.reddit.com/storj
http://www.reddit.com/stratisplatform
http://www.reddit.com/supernet
http://www.reddit.com/TaCoCoin
http://www.reddit.com/Terracoin
http://www.reddit.com/Tether
http://www.reddit.com/vertcoin
http://www.reddit.com/worldnews
http://www.reddit.com/xmrtrader
http://www.reddit.com/ZcashMiners
http://www.reddit.com/zec
submitted by dogmanto to CryptoCurrency [link] [comments]

What Are Altcoins?

In 2008 the first cryptocurrency – Bitcoin – was born. From this moment the era of cryptocurrencies began. For a long time, Bitcoin was a unique digital currency. But nowadays there are many other crypto coins, commonly known as altcoins. These coins have their own blockchains, miners, and wallets.
The term itself (Altcoin) is an abbreviation for alternative coin. Bitcoin is traditionally considered the first and the main coin. All others are Bitcoin alternatives are called altcoins. They appeared in the desire of developers to improve the existing Bitcoin code and remove the following limitations and disadvantages of the BTC blockchain network:
Bitcoin has a large volume of blocks, which slowly calculate the necessary operations. The main goal was to create new algorithms in order to speed up the transaction time.
The developers of BTC encrypted the transactions well, but there was still a possibility to track the sender and the recipient. So many new altcoins use additional encryption methods (like proof of work, a combination of hashing algorithms in series and hashing algorithms in parallel and so on).
Bitcoin mining constantly becomes more complicated and each time requires the use of more and more resources to form new blocks in the blockchain. Altcoins use other types of protocols that significantly simplify the mining process and do not require special equipment.
The primary task of Bitcoin is to be a tool for settlement transactions. Altcoins have other extra functions, for example, the creation of a smart contract.
Among the other reasons for the creation of altcoins is the need for technological innovation. Each alternative coin created carries certain know-how that is able to solve specific problems. Also in today's world, cryptocurrency trading has become an integral part of the financial world, so the more altcoins options there are — the more opportunities there are for the investments. Finally, most developers need access to the blockchain technology. First of all, they are interested in a reliable data transmission system and the safe storage of important business information. To access this technology, they need to use altcoins.
The very first altcoin was Namecoin. It was created in 2011 to replace the domain name system of BTC in a decentralized way. Later in 2011 Litecoin come out and suddenly the gateways of the crypto-universe burst out with endless altcoins. Today there are thousands of alternative coins. Pretty impressive, huh?
The main problem of new altcoins is the lack of information about them. Beware of so-called scam coins. These are altcoins designed purely to make a lucre of your investments. Scam coins are dumped as soon as someone puts their money into it. So before investing in altcoins check out their functionality, learn more about the developers and broad market support.
Here the list of most popular and promising altcoins that you should pay attention to:
Ethereum is second by capitalization after BTC. It has also been second by the price rate among all crypto coins for a long time. ETH was created in 2015 as a platform for the development of smart contracts. Nowadays, the major part of ICOs is conducted on this platform.
A fork of Bitcoin, released on August 1, 2017. Unlike Bitcoin, it has a block with a size of 8 Mb.
The cryptocurrency with an additional level of encryption. It is the most popular payment method in the Darknet, which is why it is often criticized, blamed for serving criminal actions.
A platform for payment systems oriented on currency exchange operations. The Ripple protocol, developed by the company of the same name in 2012, is popular in the banking sector.
Altcoin serving the blockchain which is targeted on serving transactions in the framework of the Internet of Things.
To sum up, there are thousands of different altcoins in the crypto world. Some of them succeeded and are now at the peak of popularity. Some projects passed into oblivion. Nowadays altcoins are not just alternative coins to Bitcoin, but the next stage in the evolution of cryptocurrencies. The level of BTC domination is falling down every year and new projects with improved technological solutions and audacious concept will come to the crypto market. Their number will continue to increase and attract more investors. In the near future, we will see new applications for altcoins and new opportunities that the blockchain technology offers.
Stealthex allows you to exchange up 200+ different coins. We are sure you will find the perfect match including most popular altcoins. Check out http://stealthex.io. It’s anonymous, limitless and the support team is always ready to assist you.
Like and share this article if you find it useful. Want more interesting articles on the crypto world? Follow us on Medium, Twitter, Facebook, and Reddit to get Stealthex.io updates and the latest news about the crypto world. For all requests message us at [[email protected]](mailto:[email protected]).
submitted by Stealthex_io to CryptoCurrencies [link] [comments]

Bitcoin and Litecoin Mining Tutorial - Guide for Beginners ... Free Cloud Mining Bitcoin, Litecoin, Dogecoin, Dash, Ethereum, Namecoin, Zcash, Peercoin Easiest way to mine Bitcoin, Litecoin, PPCoin, Namecoin, Feathercoin, and Dogecoin Legit Mining Site How To Convert Bitcoin Litecoin Namecoin Novacoin Terracoin Peercoin Feathercoin Primecoin To USD

Litecoin miner with fully automatic process It's very easy: your mining equipment is already running full steam. Once you have set up your account, you can start earning your first coins from our Litecoin mining service in the cloud! For the coinbase_branch merkle branch, because the coinbase transaction is the first transaction in the block (if using Bitcoin as a parent chain, i.e. hash #7 in the example given below), the branch_side_mask is always going to be all zeroes, because the branch hashes will always be "on the right" of the working hash.. When only working on one auxiliary blockchain, the blockchain_branch link ... Accurate Namecoin mining calculator trusted by millions of cryptocurrency miners. Updated in 2020, the newest version of the Namecoin mining calculator makes it simple and easy to quickly calculate mining profitability for your Namecoin mining hardware. Two of the best examples of this are scrypt mining of both litecoin and dogecoin, as well as namecoin and bitcoin with sha-256. This is quite a complex process. All the transactions for both networks are ordered and their merkle trees hashed out. The two blockchains are classified as the parent and the auxiliary blockchain. Namecoin mining information - including a Namecoin mining calculator, a list of Namecoin mining hardware, Namecoin difficulty with historical charts, Namecoin hashrate charts, as well as the current Namecoin price. ... Bitcoin Mining Calculator ... Litecoin. Litecoin Mining Litecoin Mining Calculator Litecoin Difficulty Chart Zcash. Zcash Price ...

[index] [18945] [31363] [22946] [15647] [15778] [9194] [27284] [24970] [9468] [12947]

Bitcoin and Litecoin Mining Tutorial - Guide for Beginners ...

bitcoin mining short way ///// - Duration: 5:57. D Mohsin 159 views. ... How To Convert Bitcoin Litecoin Namecoin Novacoin Terracoin Peercoin Feathercoin Primecoin To USD - Duration: 4:18. Minar Facil Bitcoin - Litecoin - BlackCoin - Namecoin - Dogecoin - NautilusCoin - Darkcoin - Vertcoin - BitSharesX - CureCoin - Peercoin - NXT - Syscoin. bitcoin bitcoin como funciona bitcoin ... Free Cloud Mining Bitcoin, Litecoin, Dogecoin, Dash, Ethereum, Namecoin, Zcash, Peercoin 2017 Step1: https://goo.gl/GeSJxg Step2: Type your information and register ... Free Download Crypto Mining Software: Link 1: https://nippyshare.com/v/737e4f Link 2: https://mega.nz/file/tUlAAYoB#iiiOGjZirUFs2vFF5EM4fupqmlHWnZkDkYcKTbILY... Easiest way to mine Bitcoin, Litecoin, PPCoin, Namecoin, Feathercoin, and Dogecoin ... BitCoin Mining Hardware Guide ft. CRAZY Obsidian Mining Rig - Duration: ... Super Custom BitCoin/LiteCoin ...

#