Mining — Bitcoin

Why i’m bullish on Zilliqa (long read)

Edit: TL;DR added in the comments
 
Hey all, I've been researching coins since 2017 and have gone through 100s of them in the last 3 years. I got introduced to blockchain via Bitcoin of course, analyzed Ethereum thereafter and from that moment I have a keen interest in smart contact platforms. I’m passionate about Ethereum but I find Zilliqa to have a better risk-reward ratio. Especially because Zilliqa has found an elegant balance between being secure, decentralized and scalable in my opinion.
 
Below I post my analysis of why from all the coins I went through I’m most bullish on Zilliqa (yes I went through Tezos, EOS, NEO, VeChain, Harmony, Algorand, Cardano etc.). Note that this is not investment advice and although it's a thorough analysis there is obviously some bias involved. Looking forward to what you all think!
 
Fun fact: the name Zilliqa is a play on ‘silica’ silicon dioxide which means “Silicon for the high-throughput consensus computer.”
 
This post is divided into (i) Technology, (ii) Business & Partnerships, and (iii) Marketing & Community. I’ve tried to make the technology part readable for a broad audience. If you’ve ever tried understanding the inner workings of Bitcoin and Ethereum you should be able to grasp most parts. Otherwise, just skim through and once you are zoning out head to the next part.
 
Technology and some more:
 
Introduction
 
The technology is one of the main reasons why I’m so bullish on Zilliqa. First thing you see on their website is: “Zilliqa is a high-performance, high-security blockchain platform for enterprises and next-generation applications.” These are some bold statements.
 
Before we deep dive into the technology let’s take a step back in time first as they have quite the history. The initial research paper from which Zilliqa originated dates back to August 2016: Elastico: A Secure Sharding Protocol For Open Blockchains where Loi Luu (Kyber Network) is one of the co-authors. Other ideas that led to the development of what Zilliqa has become today are: Bitcoin-NG, collective signing CoSi, ByzCoin and Omniledger.
 
The technical white paper was made public in August 2017 and since then they have achieved everything stated in the white paper and also created their own open source intermediate level smart contract language called Scilla (functional programming language similar to OCaml) too.
 
Mainnet is live since the end of January 2019 with daily transaction rates growing continuously. About a week ago mainnet reached 5 million transactions, 500.000+ addresses in total along with 2400 nodes keeping the network decentralized and secure. Circulating supply is nearing 11 billion and currently only mining rewards are left. The maximum supply is 21 billion with annual inflation being 7.13% currently and will only decrease with time.
 
Zilliqa realized early on that the usage of public cryptocurrencies and smart contracts were increasing but decentralized, secure, and scalable alternatives were lacking in the crypto space. They proposed to apply sharding onto a public smart contract blockchain where the transaction rate increases almost linear with the increase in the amount of nodes. More nodes = higher transaction throughput and increased decentralization. Sharding comes in many forms and Zilliqa uses network-, transaction- and computational sharding. Network sharding opens up the possibility of using transaction- and computational sharding on top. Zilliqa does not use state sharding for now. We’ll come back to this later.
 
Before we continue dissecting how Zilliqa achieves such from a technological standpoint it’s good to keep in mind that a blockchain being decentralised and secure and scalable is still one of the main hurdles in allowing widespread usage of decentralised networks. In my opinion this needs to be solved first before blockchains can get to the point where they can create and add large scale value. So I invite you to read the next section to grasp the underlying fundamentals. Because after all these premises need to be true otherwise there isn’t a fundamental case to be bullish on Zilliqa, right?
 
Down the rabbit hole
 
How have they achieved this? Let’s define the basics first: key players on Zilliqa are the users and the miners. A user is anybody who uses the blockchain to transfer funds or run smart contracts. Miners are the (shard) nodes in the network who run the consensus protocol and get rewarded for their service in Zillings (ZIL). The mining network is divided into several smaller networks called shards, which is also referred to as ‘network sharding’. Miners subsequently are randomly assigned to a shard by another set of miners called DS (Directory Service) nodes. The regular shards process transactions and the outputs of these shards are eventually combined by the DS shard as they reach consensus on the final state. More on how these DS shards reach consensus (via pBFT) will be explained later on.
 
The Zilliqa network produces two types of blocks: DS blocks and Tx blocks. One DS Block consists of 100 Tx Blocks. And as previously mentioned there are two types of nodes concerned with reaching consensus: shard nodes and DS nodes. Becoming a shard node or DS node is being defined by the result of a PoW cycle (Ethash) at the beginning of the DS Block. All candidate mining nodes compete with each other and run the PoW (Proof-of-Work) cycle for 60 seconds and the submissions achieving the highest difficulty will be allowed on the network. And to put it in perspective: the average difficulty for one DS node is ~ 2 Th/s equaling 2.000.000 Mh/s or 55 thousand+ GeForce GTX 1070 / 8 GB GPUs at 35.4 Mh/s. Each DS Block 10 new DS nodes are allowed. And a shard node needs to provide around 8.53 GH/s currently (around 240 GTX 1070s). Dual mining ETH/ETC and ZIL is possible and can be done via mining software such as Phoenix and Claymore. There are pools and if you have large amounts of hashing power (Ethash) available you could mine solo.
 
The PoW cycle of 60 seconds is a peak performance and acts as an entry ticket to the network. The entry ticket is called a sybil resistance mechanism and makes it incredibly hard for adversaries to spawn lots of identities and manipulate the network with these identities. And after every 100 Tx Blocks which corresponds to roughly 1,5 hour this PoW process repeats. In between these 1,5 hour, no PoW needs to be done meaning Zilliqa’s energy consumption to keep the network secure is low. For more detailed information on how mining works click here.
Okay, hats off to you. You have made it this far. Before we go any deeper down the rabbit hole we first must understand why Zilliqa goes through all of the above technicalities and understand a bit more what a blockchain on a more fundamental level is. Because the core of Zilliqa’s consensus protocol relies on the usage of pBFT (practical Byzantine Fault Tolerance) we need to know more about state machines and their function. Navigate to Viewblock, a Zilliqa block explorer, and just come back to this article. We will use this site to navigate through a few concepts.
 
We have established that Zilliqa is a public and distributed blockchain. Meaning that everyone with an internet connection can send ZILs, trigger smart contracts, etc. and there is no central authority who fully controls the network. Zilliqa and other public and distributed blockchains (like Bitcoin and Ethereum) can also be defined as state machines.
 
Taking the liberty of paraphrasing examples and definitions given by Samuel Brooks’ medium article, he describes the definition of a blockchain (like Zilliqa) as: “A peer-to-peer, append-only datastore that uses consensus to synchronize cryptographically-secure data”.
 
Next, he states that: "blockchains are fundamentally systems for managing valid state transitions”. For some more context, I recommend reading the whole medium article to get a better grasp of the definitions and understanding of state machines. Nevertheless, let’s try to simplify and compile it into a single paragraph. Take traffic lights as an example: all its states (red, amber, and green) are predefined, all possible outcomes are known and it doesn’t matter if you encounter the traffic light today or tomorrow. It will still behave the same. Managing the states of a traffic light can be done by triggering a sensor on the road or pushing a button resulting in one traffic lights’ state going from green to red (via amber) and another light from red to green.
 
With public blockchains like Zilliqa, this isn’t so straightforward and simple. It started with block #1 almost 1,5 years ago and every 45 seconds or so a new block linked to the previous block is being added. Resulting in a chain of blocks with transactions in it that everyone can verify from block #1 to the current #647.000+ block. The state is ever changing and the states it can find itself in are infinite. And while the traffic light might work together in tandem with various other traffic lights, it’s rather insignificant comparing it to a public blockchain. Because Zilliqa consists of 2400 nodes who need to work together to achieve consensus on what the latest valid state is while some of these nodes may have latency or broadcast issues, drop offline or are deliberately trying to attack the network, etc.
 
Now go back to the Viewblock page take a look at the amount of transaction, addresses, block and DS height and then hit refresh. Obviously as expected you see new incremented values on one or all parameters. And how did the Zilliqa blockchain manage to transition from a previous valid state to the latest valid state? By using pBFT to reach consensus on the latest valid state.
 
After having obtained the entry ticket, miners execute pBFT to reach consensus on the ever-changing state of the blockchain. pBFT requires a series of network communication between nodes, and as such there is no GPU involved (but CPU). Resulting in the total energy consumed to keep the blockchain secure, decentralized and scalable being low.
 
pBFT stands for practical Byzantine Fault Tolerance and is an optimization on the Byzantine Fault Tolerant algorithm. To quote Blockonomi: “In the context of distributed systems, Byzantine Fault Tolerance is the ability of a distributed computer network to function as desired and correctly reach a sufficient consensus despite malicious components (nodes) of the system failing or propagating incorrect information to other peers.” Zilliqa is such a distributed computer network and depends on the honesty of the nodes (shard and DS) to reach consensus and to continuously update the state with the latest block. If pBFT is a new term for you I can highly recommend the Blockonomi article.
 
The idea of pBFT was introduced in 1999 - one of the authors even won a Turing award for it - and it is well researched and applied in various blockchains and distributed systems nowadays. If you want more advanced information than the Blockonomi link provides click here. And if you’re in between Blockonomi and the University of Singapore read the Zilliqa Design Story Part 2 dating from October 2017.
Quoting from the Zilliqa tech whitepaper: “pBFT relies upon a correct leader (which is randomly selected) to begin each phase and proceed when the sufficient majority exists. In case the leader is byzantine it can stall the entire consensus protocol. To address this challenge, pBFT offers a view change protocol to replace the byzantine leader with another one.”
 
pBFT can tolerate ⅓ of the nodes being dishonest (offline counts as Byzantine = dishonest) and the consensus protocol will function without stalling or hiccups. Once there are more than ⅓ of dishonest nodes but no more than ⅔ the network will be stalled and a view change will be triggered to elect a new DS leader. Only when more than ⅔ of the nodes are dishonest (66%) double-spend attacks become possible.
 
If the network stalls no transactions can be processed and one has to wait until a new honest leader has been elected. When the mainnet was just launched and in its early phases, view changes happened regularly. As of today the last stalling of the network - and view change being triggered - was at the end of October 2019.
 
Another benefit of using pBFT for consensus besides low energy is the immediate finality it provides. Once your transaction is included in a block and the block is added to the chain it’s done. Lastly, take a look at this article where three types of finality are being defined: probabilistic, absolute and economic finality. Zilliqa falls under the absolute finality (just like Tendermint for example). Although lengthy already we skipped through some of the inner workings from Zilliqa’s consensus: read the Zilliqa Design Story Part 3 and you will be close to having a complete picture on it. Enough about PoW, sybil resistance mechanism, pBFT, etc. Another thing we haven’t looked at yet is the amount of decentralization.
 
Decentralisation
 
Currently, there are four shards, each one of them consisting of 600 nodes. 1 shard with 600 so-called DS nodes (Directory Service - they need to achieve a higher difficulty than shard nodes) and 1800 shard nodes of which 250 are shard guards (centralized nodes controlled by the team). The amount of shard guards has been steadily declining from 1200 in January 2019 to 250 as of May 2020. On the Viewblock statistics, you can see that many of the nodes are being located in the US but those are only the (CPU parts of the) shard nodes who perform pBFT. There is no data from where the PoW sources are coming. And when the Zilliqa blockchain starts reaching its transaction capacity limit, a network upgrade needs to be executed to lift the current cap of maximum 2400 nodes to allow more nodes and formation of more shards which will allow to network to keep on scaling according to demand.
Besides shard nodes there are also seed nodes. The main role of seed nodes is to serve as direct access points (for end-users and clients) to the core Zilliqa network that validates transactions. Seed nodes consolidate transaction requests and forward these to the lookup nodes (another type of nodes) for distribution to the shards in the network. Seed nodes also maintain the entire transaction history and the global state of the blockchain which is needed to provide services such as block explorers. Seed nodes in the Zilliqa network are comparable to Infura on Ethereum.
 
The seed nodes were first only operated by Zilliqa themselves, exchanges and Viewblock. Operators of seed nodes like exchanges had no incentive to open them for the greater public. They were centralised at first. Decentralisation at the seed nodes level has been steadily rolled out since March 2020 ( Zilliqa Improvement Proposal 3 ). Currently the amount of seed nodes is being increased, they are public-facing and at the same time PoS is applied to incentivize seed node operators and make it possible for ZIL holders to stake and earn passive yields. Important distinction: seed nodes are not involved with consensus! That is still PoW as entry ticket and pBFT for the actual consensus.
 
5% of the block rewards are being assigned to seed nodes (from the beginning in 2019) and those are being used to pay out ZIL stakers. The 5% block rewards with an annual yield of 10.03% translate to roughly 610 MM ZILs in total that can be staked. Exchanges use the custodial variant of staking and wallets like Moonlet will use the non-custodial version (starting in Q3 2020). Staking is being done by sending ZILs to a smart contract created by Zilliqa and audited by Quantstamp.
 
With a high amount of DS; shard nodes and seed nodes becoming more decentralized too, Zilliqa qualifies for the label of decentralized in my opinion.
 
Smart contracts
 
Let me start by saying I’m not a developer and my programming skills are quite limited. So I‘m taking the ELI5 route (maybe 12) but if you are familiar with Javascript, Solidity or specifically OCaml please head straight to Scilla - read the docs to get a good initial grasp of how Zilliqa’s smart contract language Scilla works and if you ask yourself “why another programming language?” check this article. And if you want to play around with some sample contracts in an IDE click here. The faucet can be found here. And more information on architecture, dapp development and API can be found on the Developer Portal.
If you are more into listening and watching: check this recent webinar explaining Zilliqa and Scilla. Link is time-stamped so you’ll start right away with a platform introduction, roadmap 2020 and afterwards a proper Scilla introduction.
 
Generalized: programming languages can be divided into being ‘object-oriented’ or ‘functional’. Here is an ELI5 given by software development academy: * “all programs have two basic components, data – what the program knows – and behavior – what the program can do with that data. So object-oriented programming states that combining data and related behaviors in one place, is called “object”, which makes it easier to understand how a particular program works. On the other hand, functional programming argues that data and behavior are different things and should be separated to ensure their clarity.” *
 
Scilla is on the functional side and shares similarities with OCaml: OCaml is a general-purpose programming language with an emphasis on expressiveness and safety. It has an advanced type system that helps catch your mistakes without getting in your way. It's used in environments where a single mistake can cost millions and speed matters, is supported by an active community, and has a rich set of libraries and development tools. For all its power, OCaml is also pretty simple, which is one reason it's often used as a teaching language.
 
Scilla is blockchain agnostic, can be implemented onto other blockchains as well, is recognized by academics and won a so-called Distinguished Artifact Award award at the end of last year.
 
One of the reasons why the Zilliqa team decided to create their own programming language focused on preventing smart contract vulnerabilities is that adding logic on a blockchain, programming, means that you cannot afford to make mistakes. Otherwise, it could cost you. It’s all great and fun blockchains being immutable but updating your code because you found a bug isn’t the same as with a regular web application for example. And with smart contracts, it inherently involves cryptocurrencies in some form thus value.
 
Another difference with programming languages on a blockchain is gas. Every transaction you do on a smart contract platform like Zilliqa or Ethereum costs gas. With gas you basically pay for computational costs. Sending a ZIL from address A to address B costs 0.001 ZIL currently. Smart contracts are more complex, often involve various functions and require more gas (if gas is a new concept click here ).
 
So with Scilla, similar to Solidity, you need to make sure that “every function in your smart contract will run as expected without hitting gas limits. An improper resource analysis may lead to situations where funds may get stuck simply because a part of the smart contract code cannot be executed due to gas limits. Such constraints are not present in traditional software systems”. Scilla design story part 1
 
Some examples of smart contract issues you’d want to avoid are: leaking funds, ‘unexpected changes to critical state variables’ (example: someone other than you setting his or her address as the owner of the smart contract after creation) or simply killing a contract.
 
Scilla also allows for formal verification. Wikipedia to the rescue: In the context of hardware and software systems, formal verification is the act of proving or disproving the correctness of intended algorithms underlying a system with respect to a certain formal specification or property, using formal methods of mathematics.
 
Formal verification can be helpful in proving the correctness of systems such as: cryptographic protocols, combinational circuits, digital circuits with internal memory, and software expressed as source code.
 
Scilla is being developed hand-in-hand with formalization of its semantics and its embedding into the Coq proof assistant — a state-of-the art tool for mechanized proofs about properties of programs.”
 
Simply put, with Scilla and accompanying tooling developers can be mathematically sure and proof that the smart contract they’ve written does what he or she intends it to do.
 
Smart contract on a sharded environment and state sharding
 
There is one more topic I’d like to touch on: smart contract execution in a sharded environment (and what is the effect of state sharding). This is a complex topic. I’m not able to explain it any easier than what is posted here. But I will try to compress the post into something easy to digest.
 
Earlier on we have established that Zilliqa can process transactions in parallel due to network sharding. This is where the linear scalability comes from. We can define simple transactions: a transaction from address A to B (Category 1), a transaction where a user interacts with one smart contract (Category 2) and the most complex ones where triggering a transaction results in multiple smart contracts being involved (Category 3). The shards are able to process transactions on their own without interference of the other shards. With Category 1 transactions that is doable, with Category 2 transactions sometimes if that address is in the same shard as the smart contract but with Category 3 you definitely need communication between the shards. Solving that requires to make a set of communication rules the protocol needs to follow in order to process all transactions in a generalised fashion.
 
And this is where the downsides of state sharding comes in currently. All shards in Zilliqa have access to the complete state. Yes the state size (0.1 GB at the moment) grows and all of the nodes need to store it but it also means that they don’t need to shop around for information available on other shards. Requiring more communication and adding more complexity. Computer science knowledge and/or developer knowledge required links if you want to dig further: Scilla - language grammar Scilla - Foundations for Verifiable Decentralised Computations on a Blockchain Gas Accounting NUS x Zilliqa: Smart contract language workshop
 
Easier to follow links on programming Scilla https://learnscilla.com/home Ivan on Tech
 
Roadmap / Zilliqa 2.0
 
There is no strict defined roadmap but here are topics being worked on. And via the Zilliqa website there is also more information on the projects they are working on.
 
Business & Partnerships
 
It’s not only technology in which Zilliqa seems to be excelling as their ecosystem has been expanding and starting to grow rapidly. The project is on a mission to provide OpenFinance (OpFi) to the world and Singapore is the right place to be due to its progressive regulations and futuristic thinking. Singapore has taken a proactive approach towards cryptocurrencies by introducing the Payment Services Act 2019 (PS Act). Among other things, the PS Act will regulate intermediaries dealing with certain cryptocurrencies, with a particular focus on consumer protection and anti-money laundering. It will also provide a stable regulatory licensing and operating framework for cryptocurrency entities, effectively covering all crypto businesses and exchanges based in Singapore. According to PWC 82% of the surveyed executives in Singapore reported blockchain initiatives underway and 13% of them have already brought the initiatives live to the market. There is also an increasing list of organizations that are starting to provide digital payment services. Moreover, Singaporean blockchain developers Building Cities Beyond has recently created an innovation $15 million grant to encourage development on its ecosystem. This all suggests that Singapore tries to position itself as (one of) the leading blockchain hubs in the world.
 
Zilliqa seems to already take advantage of this and recently helped launch Hg Exchange on their platform, together with financial institutions PhillipCapital, PrimePartners and Fundnel. Hg Exchange, which is now approved by the Monetary Authority of Singapore (MAS), uses smart contracts to represent digital assets. Through Hg Exchange financial institutions worldwide can use Zilliqa's safe-by-design smart contracts to enable the trading of private equities. For example, think of companies such as Grab, Airbnb, SpaceX that are not available for public trading right now. Hg Exchange will allow investors to buy shares of private companies & unicorns and capture their value before an IPO. Anquan, the main company behind Zilliqa, has also recently announced that they became a partner and shareholder in TEN31 Bank, which is a fully regulated bank allowing for tokenization of assets and is aiming to bridge the gap between conventional banking and the blockchain world. If STOs, the tokenization of assets, and equity trading will continue to increase, then Zilliqa’s public blockchain would be the ideal candidate due to its strategic positioning, partnerships, regulatory compliance and the technology that is being built on top of it.
 
What is also very encouraging is their focus on banking the un(der)banked. They are launching a stablecoin basket starting with XSGD. As many of you know, stablecoins are currently mostly used for trading. However, Zilliqa is actively trying to broaden the use case of stablecoins. I recommend everybody to read this text that Amrit Kumar wrote (one of the co-founders). These stablecoins will be integrated in the traditional markets and bridge the gap between the crypto world and the traditional world. This could potentially revolutionize and legitimise the crypto space if retailers and companies will for example start to use stablecoins for payments or remittances, instead of it solely being used for trading.
 
Zilliqa also released their DeFi strategic roadmap (dating November 2019) which seems to be aligning well with their OpFi strategy. A non-custodial DEX is coming to Zilliqa made by Switcheo which allows cross-chain trading (atomic swaps) between ETH, EOS and ZIL based tokens. They also signed a Memorandum of Understanding for a (soon to be announced) USD stablecoin. And as Zilliqa is all about regulations and being compliant, I’m speculating on it to be a regulated USD stablecoin. Furthermore, XSGD is already created and visible on block explorer and XIDR (Indonesian Stablecoin) is also coming soon via StraitsX. Here also an overview of the Tech Stack for Financial Applications from September 2019. Further quoting Amrit Kumar on this:
 
There are two basic building blocks in DeFi/OpFi though: 1) stablecoins as you need a non-volatile currency to get access to this market and 2) a dex to be able to trade all these financial assets. The rest are built on top of these blocks.
 
So far, together with our partners and community, we have worked on developing these building blocks with XSGD as a stablecoin. We are working on bringing a USD-backed stablecoin as well. We will soon have a decentralised exchange developed by Switcheo. And with HGX going live, we are also venturing into the tokenization space. More to come in the future.”
 
Additionally, they also have this ZILHive initiative that injects capital into projects. There have been already 6 waves of various teams working on infrastructure, innovation and research, and they are not from ASEAN or Singapore only but global: see Grantees breakdown by country. Over 60 project teams from over 20 countries have contributed to Zilliqa's ecosystem. This includes individuals and teams developing wallets, explorers, developer toolkits, smart contract testing frameworks, dapps, etc. As some of you may know, Unstoppable Domains (UD) blew up when they launched on Zilliqa. UD aims to replace cryptocurrency addresses with a human-readable name and allows for uncensorable websites. Zilliqa will probably be the only one able to handle all these transactions onchain due to ability to scale and its resulting low fees which is why the UD team launched this on Zilliqa in the first place. Furthermore, Zilliqa also has a strong emphasis on security, compliance, and privacy, which is why they partnered with companies like Elliptic, ChainSecurity (part of PwC Switzerland), and Incognito. Their sister company Aqilliz (Zilliqa spelled backwards) focuses on revolutionizing the digital advertising space and is doing interesting things like using Zilliqa to track outdoor digital ads with companies like Foodpanda.
 
Zilliqa is listed on nearly all major exchanges, having several different fiat-gateways and recently have been added to Binance’s margin trading and futures trading with really good volume. They also have a very impressive team with good credentials and experience. They don't just have “tech people”. They have a mix of tech people, business people, marketeers, scientists, and more. Naturally, it's good to have a mix of people with different skill sets if you work in the crypto space.
 
Marketing & Community
 
Zilliqa has a very strong community. If you just follow their Twitter their engagement is much higher for a coin that has approximately 80k followers. They also have been ‘coin of the day’ by LunarCrush many times. LunarCrush tracks real-time cryptocurrency value and social data. According to their data, it seems Zilliqa has a more fundamental and deeper understanding of marketing and community engagement than almost all other coins. While almost all coins have been a bit frozen in the last months, Zilliqa seems to be on its own bull run. It was somewhere in the 100s a few months ago and is currently ranked #46 on CoinGecko. Their official Telegram also has over 20k people and is very active, and their community channel which is over 7k now is more active and larger than many other official channels. Their local communities also seem to be growing.
 
Moreover, their community started ‘Zillacracy’ together with the Zilliqa core team ( see www.zillacracy.com ). It’s a community-run initiative where people from all over the world are now helping with marketing and development on Zilliqa. Since its launch in February 2020 they have been doing a lot and will also run their own non-custodial seed node for staking. This seed node will also allow them to start generating revenue for them to become a self sustaining entity that could potentially scale up to become a decentralized company working in parallel with the Zilliqa core team. Comparing it to all the other smart contract platforms (e.g. Cardano, EOS, Tezos etc.) they don't seem to have started a similar initiative (correct me if I’m wrong though). This suggests in my opinion that these other smart contract platforms do not fully understand how to utilize the ‘power of the community’. This is something you cannot ‘buy with money’ and gives many projects in the space a disadvantage.
 
Zilliqa also released two social products called SocialPay and Zeeves. SocialPay allows users to earn ZILs while tweeting with a specific hashtag. They have recently used it in partnership with the Singapore Red Cross for a marketing campaign after their initial pilot program. It seems like a very valuable social product with a good use case. I can see a lot of traditional companies entering the space through this product, which they seem to suggest will happen. Tokenizing hashtags with smart contracts to get network effect is a very smart and innovative idea.
 
Regarding Zeeves, this is a tipping bot for Telegram. They already have 1000s of signups and they plan to keep upgrading it for more and more people to use it (e.g. they recently have added a quiz features). They also use it during AMAs to reward people in real-time. It’s a very smart approach to grow their communities and get familiar with ZIL. I can see this becoming very big on Telegram. This tool suggests, again, that the Zilliqa team has a deeper understanding of what the crypto space and community needs and is good at finding the right innovative tools to grow and scale.
 
To be honest, I haven’t covered everything (i’m also reaching the character limited haha). So many updates happening lately that it's hard to keep up, such as the International Monetary Fund mentioning Zilliqa in their report, custodial and non-custodial Staking, Binance Margin, Futures, Widget, entering the Indian market, and more. The Head of Marketing Colin Miles has also released this as an overview of what is coming next. And last but not least, Vitalik Buterin has been mentioning Zilliqa lately acknowledging Zilliqa and mentioning that both projects have a lot of room to grow. There is much more info of course and a good part of it has been served to you on a silver platter. I invite you to continue researching by yourself :-) And if you have any comments or questions please post here!
submitted by haveyouheardaboutit to CryptoCurrency [link] [comments]

0xMonero, summary of findings

Edit: There was prior work by Artemiscult I didn't know about from a month ago!
Hi, this is a summary of my findings on 0xMonero, which claims to be "a mineable privacy focused project".
The contract was deployed on April 18th of this year, verified on Etherscan the same day, announced on Twitter soon after. It was announced on Bitcoin Talk about ten days later. 0xMonero's contract is an uncredited rip of 0xBitcoin's with only very small changes. The mining software recommended by 0xMonero was written for 0xBitcoin. There are two other more modern miners written for 0xBitcoin, but up until recently, they have only supported pool mining, not solo. My suspicion for why 0xMonero recommends the older miner is that they don't have anyone competent to run a mining pool.
Here's 0xMonero's stats page, and here's 0xBitcoin's. Look familiar? 0x1d00ffff wrote that page for 0xBitcoin about a month after the 0xBitcoin project started in February 2018. Here's the initial commit, and here are the changes 0xMonero made. When 0xMonero ripped it, at least they left the author's Etherscan link at the bottom.
Here's 0xMonero's official GitHub. As of now, there are 20 repos, but they are all forks, zero original repos. I've been told that 0xMonero has ten developers. When I asked to see their GitHub accounts, I was told that they were all too concerned with privacy. That doesn't make sense to me, since I've been doing anonymous development under various identities for years. Here's the account associated with my work for 0xBitcoin, and here's another project I work on with other anonymous developers.
Why does 0xMonero make reference to Monero? I don't know. As far as I can tell, 0xMonero has nothing to do with Monero. I can say with certainty that since 0xMonero's contract is an almost identical copy of 0xBitcoin's, and 0xBitcoin deliberately did not include privacy features, there are no privacy features in the 0xMonero contract. They would have to be elsewhere. But as far as I know, there is no other code to look at.
Here's a piece-by-piece analysis of the claims on 0xMonero's site:
Here's a thread started by DigitalInvestments2 who claims to be a top holder of 0xMonero. In that thread, I asked many direct questions, and was not able to receive any clarification or substantiation of any aspect of what 0xMonero says they are working on.
When I couldn't get answers in that thread, I reached out twice to the official 0xMonero Twitter account asking them to start a thread where it would be possible to get answers. I got blocked. At the same time, I was blocked by another related Twitter account. Here's that account lying about 0xMonero's (nonexistent) privacy features.
I started talking about this stuff on 0xMonero's Bitcoin Talk thread about a week ago. I have been unable to get any answers there, either. But someone in that thread reported me. For what, I don't know.
I think that's it for what I know about 0xMonero at the moment. Please let me know what you think. Thanks.
Edit: Here's that related Twitter account lying about 0xMonero's nonexistent privacy features again.
Edit: lying about 0xMonero's nonexistent privacy features again, and AGAIN. Suggesting to people that 0xMonero is somehow private is dangerous.
Edit: ... lying about privacy again.
Edit: agreement about 0xMonero most likely being a complete scam from a second source: https://twitter.com/CryptoScamCases/status/1292753105097031680
Edit: lying about privacy again. Noticing a trend with 0xMonero and lying?
submitted by 0xBrian to CryptoMoonShots [link] [comments]

10/16 Watchlist. Had some big hitters this week on the watchlist and called live in the FREE telegram

10/16 DAILY WATCHLIST
[P.S. Only enter positions you feel the most comfortable with. Your money is your soldier only send him into the battle you think you'll win. Some of these I have taken positions. Some I am looking to take positions. I've posted how many shares I own of what multiple times ]
PLEASE HEDGE your long holds. For essentially pennies you can come out on a bloody day fine!
🔑KEY🔑
[💎-Long time gold][⁉️-Could go both ways][🚀-I think this is gonna shoot up][🔥-This imo is gonna be a fire stock to make money off of just dont get dumped on][⚠️-Already ran a bit be careful][👀-Watching this one closely][⭐- Huge Catalyst or info]
PRIMARY FOCUSES: $MGM⭐ $ADMP $SESN $JMIA ⭐ $GRIL⭐ $FSI
🚀💸PENNYS💸🚀
$FSI - SMASHED earnings. SUPER SMALL float. Already ran a bit but I can see $4 coming potentially. HIGH RISK👀🔥🚀⚠️
$HMHC - Earnings Oct 28th. $2.50 Calls I may grab some. Looks like a medium risk high reward play
$UEC - Barcoding Uranium mine. Its only a matter of time until Algo's pick up on this and it runs heavily. Daily/4hr MACD🐮/🐻 👀🔥🚀
$ADMP - Cup & Handle 🐮 ⭐FDA Nov 15th.FDA Likey Approved. ⭐GOLDEN CROSS on the 4hr⭐ MACD are🐮/🐻Support: $0.74/ $0.87 Gap up to $1.02/$1.14 after that the world may never know🔥🚀👀⚠️💎
$SESN - ⭐4th Q Bio news ANYDAY now. ⭐ Support $1.01/$1.16 Resistances $1.38/ $1.44/$1.50🔥🚀👀💎
$PRTY - Halloween is coming up. Daily MACD🐮 This is a constant pump and dump stock. Was $5-7 all last year. Support $1.85/$2.15/ $2.40 Resistance $3.80🔥
$SOLO - Quarterly/Daily MACD 🐮4hr MACD🐻 Support: $2.58/$2.90 Resistances: $3.20/$3.34⭐US Manufacturing Location PR by November⭐🔥👀💎⚠️
$GRIL - Once the volume picks up on this its gonna FLY! This company is undervalued in my eyes. Newish emerging fast "healthy" food. Great concept with little to no competition.4hr MACD🐮 Support $1.40/$1.54 Resistance $1.60/ $1.67/$1.72 ⭐New investor email for guidance I truthfully see $5-7 by next year on this.[LONG]🔥🚀👀💎
💰Honorable Mentions💰
$NOK - Big 5g provider globally. Honestly think this is being slept one and should move up by EoY to $5+.Daily/4hr MACD Daily🐮 👀💎
$NAK - Mine has been waiting for approval for 10+ years. Trump tweeting about it. MASSIVE float [BAD]. If somehow it gets approved this is gonna jet to $4-6💎⁉️ $IDEX - Some PR dropping. I suspect earnings is gonna make this run up heavily [Nov 6th] $RIOT/$MARA -⭐ ONLY if Bitcoin continues to run up.⭐
💰Non-Pennys💰
$VVPR - ⭐$8.50 offering. Honestly $8-9 entry seems great. Should gap up to $11 when the offering closes sometime in the next week.
$VRTX - Looks like a reversal is happening. Only dropped because there study was halted but not stopped forever.
$JMIA - OVERBOUGHT Earnings Nov 12th⭐ Amazon of Europe and Africa! Support $10.20/$12.13 Resistance $13. Huge gap to $15/$17/$20 to fill👀🔥🚀⚠️💎
$MGM - One of my classic picks has RETURNED! Earnings. Oct 29th⭐.⭐GOLDEN CROSS on 4hr and DAILY TODAY⭐4hr MACD BREACHING 🐮VERY strong support at $18.08/$20.54. Resistance $21.71/ $21.92/ $22.25. I suspect this will be the last earning to have worry about. This should EASILY be $30-40 in the next 3-5years with the expanding to Japan + BETMGM👀🔥🚀💎
$ACI -⭐ Declared they will providing a dividend. Also won a bid for new locations. Earnings Oct 20th.⭐ I suspect a blowout. This should be a SOLID long term growth hold!👀🔥🚀
$JETS - Airline ETF. With the fed and uncle JPOW 3rd of his name pumping airlines this could zoom zoom zoom to the moon moon moon
$PLUG - Alt energy is a thing of the future! Dont expect the lowest level support to he broken.4hr MACD BREACHING 🐮 Daily MACD 🐻Support $15.70/ $16.43[Load zone][LONG]🔥🚀👀⚠️💎
$MCAC - [SPAC] ⭐PLAYBOY⭐ is going public through them. Sheerly off the name.🔥💎🚀👀
$CLSK - Just like PLUG the uptrend is insane. ⭐ 4hr GOLDEN CROSS ⭐Almost NO DEBT! Support $7.98/$9.55. This should gap back to $10.91+ when the offering closes. ☠SABBY IS IN THIS STOCK☠👀🔥🚀
$PLAY - I'm bullish as a bull can be for next Q earnings! Support $13.86/ $14.55 /$15.90⭐4hr GOLDEN CROSS coming Fri⭐Daily/4hr MACD 🐮HUGE Gap up potential to $19/$20. I'd put moneyon earnings being beaten December🔥
$SPAQ - [SPAC] ⭐MERGER VOTE END OF OCT⭐4hr GOLDEN CROSS⭐I see $25 EoY. Daily MACD 🐮 Support $11.90/ $12.99 Resistances $15/ $15.55/ $16.05. Fisker is a PR machine.🔥🚀👀💎
🙏 None of this would be possible without the love and support of you guys! I appreciate each and EVERYONE of you! This group will ALWAYS remain free but if you'd like to donate for my work here ya go. [If you do PLEASE let me know in case I miss it and so I can THANK YOU! 🙏 ❤🖤💙💚🤎💛🧡💜🤍 My Links:
⭐Cashapp: $Hamstackz⭐
⭐Venmo: $JDH3703⭐
⭐paypal.me/PhillyDiamondhands⭐
Thanks you once again. I couldn't do this without EVERY single one of yours constant support
submitted by Philly19111 to PhillyStockTelegram [link] [comments]

10/11 Weekly Watchlist. [Again, I post one DAILY on the FREE telegram] List is a bit long but I'm watching a bit

10/11 WEEKLY WATCHLIST
[P.S. Only enter positions you feel the most comfortable with. Your money is your soldier only send him into the battle you think you'll win. Some of these I have taken positions. Some I am looking to take positions. I've posted how many shares I own of what multiple times ]
PLEASE HEDGE your long holds. For essentially pennies you can come out on a bloody day fine!
🔑KEY🔑
[💎-Long time gold][⁉️-Could go both ways][🚀-I think this is gonna shoot up][🔥-This imo is gonna be a fire stock to make money off of just dont get dumped on][⚠️-Already ran a bit be careful][👀-Watching this one closely][⭐- Huge Catalyst or info]
PRIMARY FOCUSES: $SQ $MARA⭐ $RIOT⭐ $SOLO⭐ $DBX⭐ $ADMP $SESN $UEC
🚀💸PENNYS💸🚀
🍊The Big Orange man who lives in the house that's white is pumping money into black business and so is JPM. Tickers to watch for this. $UONE $UONEK $CARV $BYFC🍊
$UEC - $WWR pumped because of uranium. Well this is a..... URANIUM MINE. Big brain! Daily MACD 🐮👀🔥🚀
$DPW - Shorts ate this like it was their last meal. This should have another big run with hoe the sectors are pumping. Support $2/$2.23 Resistance $2.37👀🔥🚀
$ADMP - ⭐FDA Nov 15th.FDA Likey Approved.⭐GOLDEN CROSS coming on the 4hr⭐ 4hr RSI OVERBOUGHT 4hDaily MACD 🐮 Support: $0.51 /$0.59/ $0.60 /$0.74 Gap up to $1.14 after that the world may never know🔥🚀👀⚠️💎
$SESN - ⭐4th Q Bio news ANYDAY now. ⭐Daily MACD 🐻 Support $1.01/$1.25 Resistances $1.38/ $1.44/$1.50🔥🚀👀💎
$PRTY - Halloween is coming up. Daily MACD looking to setup. This is a constant pump and dump stock. Was $5-7 all last year. Daily GRAVESTONE DOJI⚰ Support $1.85/$2.15/ $2.40 Resistance $3.80🔥
$KOS - ⭐Reorganized there debt⭐ 4hr HAMMER DOJI 🔨 Daily/4hr MACD🐮 I honestly can see $1.75-$2 shortly. $1 is a HEAVY support. 👀🔥🚀
$SOLO - Quarterly/Daily/ 4hr MACD 🐮GODLY Support: $2.36-$2.45. Resistances: $2.65/$2.74/$2.87/ $2.95/$3/ $3.14. ⭐US Manufacturing Location PR by EoY.⭐🔥👀💎 $GRIL - This company is undervalued in my eyes. Newish emerging fast "healthy" food. Great concept with little to no competition. Daily RSI still slight oversold. Daily MACD 🐮 ⭐Float is legit NANO sized. I truthfully see $5-7 by next year on this.[LONG]🔥🚀👀💎
💰Honorable Mentions💰
$NOK - Big 5g provider globally. Honestly think this is being slept one and should move up by EoY to $5+.Daily/4hr MACD Daily🐮 👀💎 $NAK - Mine has been waiting for approval for 10+ years. Trump tweeting about it. MASSIVE float [BAD]. If somehow it gets approved this is gonna jet to $4-6💎⁉️
$IDEX - Some PR dropping. I suspect earnings is gonna make this run up heavily [Nov 6th]
$RIOT/$MARA -⭐ ONLY if Bitcoin continues to run up.⭐
💰Non-Pennys💰 ⭐SPAC companies are blank check companies looking to merge. If the merge FAILS you are reimbursed $10.⭐
$JETS - Airline ETF. With the fed and uncle JPOW 3rd of his name pumping airlines this could zoom zoom zoom to the moon moon moon
$SPWR - Solar power is BOOMING. This has been uptrending for awhile. Support $13.28/$15.43 Resistances are unknown. Daily RSI OVERBOUGHT. 👀🔥🚀🚀⚠️⚠️
$PLUG - WAY 2 HIGH! OVERBOUGHT TO THE EXTREME! Alt energy is a thing of the future! Dont expect the lowest level support to he broken. Support $15.70/$17 [LONG]⚠️⚠️🔥🚀👀💎
$ASO - New IPO. They sell camping goods such as GUNS & AMMO. $CWH is +250% since COVID drop while selling similar goods. New so impossible to map out levels. 🔥🚀👀💎
$KIRK - Cup and Handle! Support $7.41/ $8.77/$10.16⁉️ Resistances $11.87. 4hDaily MACD🐮 ⭐4hr GOLDEN CROSS 9/18⭐Suspect earnings get SMASHED [LONG]👀🔥🚀⚠️
$MCAC - [SPAC] ⭐PLAYBOY⭐ is going public through them. Sheerly off the name.🔥💎🚀👀 $CRSR - ⭐Slept on IPO that just came out. Makes competitive gaming equipment. Super sponsors in ESPORTS which are growing vastely. IMO another great long. ⭐I see a bullflag formed on multiple time frames.[LONG]⚠️🔥👀💎
$CLSK - Just like PLUG the uptrend is insane. ⭐ $9 Offering⭐ 4hr MACD 🐮Almost NO DEBT! Support is around $10. This should gap back to $13+ when the offering closes. ☠SABBY IS IN THIS STOCK☠👀🔥🚀⚠️
$PLAY - I'm bullish as a bull can be for next Q earnings! Support $13.86/ $15.05 ⭐4hr GOLDEN CROSS coming early next week ⭐Daily MACD BREACHING 🐮 4hr MACD 🐮/🐻HUGE Gap up potential to $19/$20. I'd put moneyon earnings being beaten December🔥
$SPAQ - [SPAC] ⭐MERGER VOTE END OF OCT⭐4hr GOLDEN CROSS⭐I see $25 EoY. 4h Daily MACD turning 🐮 Support $11.90/ $12.99 Resistances $15/ $15.55/ $16.05. Fisker is a PR machine.🔥🚀👀💎
$JMIA - Cup and Handle! Huge E-commerce in Europe/Africa. 4hr OVERBOUGHT 4hDaily/Wkly MACD 🐮⭐1+2hr GOLDEN CROSS⭐ Support $9.79/ $10.16 Resistance $10.60-$10.70 [LONG]⚠️🔥🚀💎
$DBX - 5years of constant revenue growth. Huge inverse H&S. Wedge broke out bullish. Daily/4hWkly MACD🐮 Support $18.74/$19.10/ $19.58. Resistance $20.77/$21.29 /$22.76 Gap up to $23.48👀🔥🚀💎
$LCA - [SPAC] Merging with Golden Nugget[gambling]. Should easily hit $20-$25 in the next 4-6weeks. 💎
$SQ - ⭐1% of their ENTIRE company is now in BTC [50m]⭐ this means if BTC goes up it directly benefits them. Not to mention $SQ is just a great long. [LONG]💎👀🔥🚀
$LMND - ⭐90% of their customers are Millennials opening insurance their first time. [This shows HUGE potential long term growth!] [LONG]💎
$NEE - ⭐4:1 Split could run.Think AAPL & TSLA. [LONG]⚠️💎👀
$JWN - 4hr GRAVESTONE DOJI⚰ Daily MACD🐮4hr MACD🐻 Godly Support $11.70/$12.90 Resistance $14.22 [LONG]⚠️💎
🤑Notable Earnings🤑
OCTOBER
$DAL - 13th PM📈[Inverse Condors]
$JNJ - 13th PM⁉️
$JPM 13th PM⁉️
$UAL - 13th PM/AH?📈[Calls]
$BAC 14th PM📈[Calls]⭐
$WFC - 14th PM⁉️
$PYPL Estimated 18th ⁉️
$TUP Estimated 20th📈[Calls]
$LOGI Estimated 20th📉[Puts]
$LRN - 20th PM/AH?📈[Calls]⭐
$TXN - 20th PM/AH?📈[Calls]
$SNAP - 20th PM📉[Puts or Strangle]
$HOG - 20th PM⁉️
$NEE - 20th PM 📉[Puts]
$LMT - 20th PM📉[Puts]
$RTX - 20th PM📈[Calls]
$SKX - 20th AH 📉[Puts or Strangle]
$NFLX - 20th AH📈[Calls]⭐
$SIX - 20th PM/AH?📈[Calls or Strangles]
$BA - 21st PM📈[Calls]⭐
$SAVE - 21st PM/AH?📈[Calls]
$ORLY - 21st PM/AH?📈[Calls]
$MSFT - 21st AH📈[Calls]
$EBAY - 21st AH📉[Puts or Strangles]
$CMG 21st AH📈[Calls or Strangles]
$KO Estimated 21st📈[Calls]⭐
$AAL - 22nd PM📈[Calls or Strangles]⭐
$T - 22nd PM📈[Calls]
$INTC 22nd AH📈[Calls]⭐ 🔥🚀🌾Gold/Silver🌾🚀🔥 $AGC - 2x silver. Aka silver -1% AGC -2%. This is a day or swing trade. Depreciates $SLV - Long term silver hold $JNUG - 2x Gold. Same as AGC but for gold $NUGT/$GLD - Long term gold holds 🔮BET AGAINST THE MARKET🔮 $SPXS - 3X Inverse of SPY [The overall market] Spy +1% SPXS -3%. Spy -3% SPXS +9% [top 500 companies]🐻🐻 $SQQQ - Same as SPXS except top 100 companies🐻🐻 $VXX - Fear index/Volatility Index. This goes up with market feaunsurity. USUALLY inverses $SPY ⚖UPCOMING FDA INFO⚖ $BHC - FDA NEWS ANYDAY
$LPCN - FDA NEWS ANYDAY
$FBIO - FDA Oct 10th [same drug as TRVN]⭐
$ATXI - Oct 10th [same drug as TRVN]⭐
$SPPI - Oct 24th
$KALA - Oct 30th
$MRK - Oct 30th
$SUPN - Nov 8th ⭐
$ADMP - Nov 15th⭐
$ALKS - Nov 15th
$MYL - Nov 16th
$EIGR - Nov 20th
$LQDA - Nov 24th
🙏 I never intended to make any money from this group. All I truthfully wanted was a community I LOVED! If you choose to donate after a big win or to support my work; it is GREATLY appreciated. [Like too much to put into words lol] If you do donate please PM me; to let me know incase I miss it!🙏 ❤🖤💙💚🤎💛🧡💜🤍
My Links:
⭐Cashapp: $Hamstackz⭐
⭐Venmo: $JDH3703⭐
⭐paypal.me/PhillyDiamondhands⭐
Thanks you once again. I couldn't do this without all the support and kindness from this community!
submitted by Philly19111 to PhillyStockTelegram [link] [comments]

10/14 Daily Watchlist. Once again posted on the FREE TELEGRAM

10/14 DAILY WATCHLIST
[P.S. Only enter positions you feel the most comfortable with. Your money is your soldier only send him into the battle you think you'll win. Some of these I have taken positions. Some I am looking to take positions. I've posted how many shares I own of what multiple times ]
PLEASE HEDGE your long holds. For essentially pennies you can come out on a bloody day fine!
🔑KEY🔑
[💎-Long time gold][⁉️-Could go both ways][🚀-I think this is gonna shoot up][🔥-This imo is gonna be a fire stock to make money off of just dont get dumped on][⚠️-Already ran a bit be careful][👀-Watching this one closely][⭐- Huge Catalyst or info]
PRIMARY FOCUSES: $SOLO⭐ $LQDA $ADMP $SESN $UEC $ATXI $MGM⭐ $CLSK $PLUG $PLAY
🚀💸PENNYS💸🚀
$LQDA - Mass puts were bought than a huge stop loss raid on NO NEWS. SUPER OVERSOLD. Looking to swing this as a potential gap up comes
$ATXI - Huge over reaction sell off to FDA update about their drug. The trials were GOOD! The FDA just expects some stuff. This is catching a falling knife but I believe support was found at $4.50-$4.56. $3.80 looking like Support Resistance $4.75 than a MASSIVE gap up to fill👀🔥🚀
$UEC - Uranium mine. Its only a matter of time until Algo's pick up on this and it runs heavily. 9Daily/4hr MACD 🐮👀🔥🚀
$ADMP - Cup & Handle 🐮 ⭐FDA Nov 15th.FDA Likey Approved.⭐GOLDEN CROSS on the 4hr⭐ Daily MACD 🐮 4Hr MACD 🐻Support: $0.74/ $0.87/$0.93 Gap up to $1.02/$1.14 after that the world may never know🔥🚀👀⚠️💎
$SESN - ⭐4th Q Bio news ANYDAY now. ⭐ Support $1.01/$1.25 Resistances $1.38/ $1.44/$1.50🔥🚀👀💎
$PRTY - Halloween is coming up. Daily MACD BREACHING🐮 4hr MACD🐻 This is a constant pump and dump stock. Was $5-7 all last year. Support $1.85/$2.15/ $2.40 Resistance $3.80🔥
$KOS - ⭐Reorganized there debt⭐ I honestly can see $1.75-$2 shortly. $1 is a HEAVY support. 👀🔥🚀
$SOLO - Decending Triangle broke out 🐮Quarterly/Daily/ 4hr MACD 🐮GODLY Support: $2.36-$2.45/$2.58. Resistances: $2.87/ $2.95/$3/ $3.14. ⭐US Manufacturing Location PR by EoY.⭐🔥👀💎
$GRIL - This company is undervalued in my eyes. Newish emerging fast "healthy" food. Great concept with little to no competition.Support $1.40/$1.54 Resistance $1.60/$1.67/$1.72 ⭐Float is legit NANO sized. I truthfully see $5-7 by next year on this.[LONG]🔥🚀👀💎
💰Honorable Mentions💰
$NOK - Big 5g provider globally. Honestly think this is being slept one and should move up by EoY to $5+.Daily MACD Daily🐮 👀💎
$NAK - Mine has been waiting for approval for 10+ years. Trump tweeting about it. MASSIVE float [BAD]. If somehow it gets approved this is gonna jet to $4-6💎⁉️
$XELA - Small position here. Could gap up to $0.45-$0.48
$IDEX - Some PR dropping. I suspect earnings is gonna make this run up heavily [Nov 6th]
$RIOT/$MARA -⭐ ONLY if Bitcoin continues to run up.⭐
💰Non-Pennys💰
⭐SPAC companies are blank check companies looking to merge. If the merge FAILS you are reimbursed $10.⭐
$MGM - One of my classic picks has RETURNED! Earnings. Oct 29th⭐. VERY strong support at $18.08/$20.54. Resistance $21.71/$21.92/$22.25. I suspect this will be the last earning to have worry about. This should EASILY be $30-40 in the next 3-5years with the expanding to Japan + BETMGM👀🔥🚀💎
$JETS - Airline ETF. With the fed and uncle JPOW 3rd of his name pumping airlines this could zoom zoom zoom to the moon moon moon
$SPWR - Solar power is BOOMING. This has been uptrending for awhile. 4hDaily MACD 🐮 Support $13.28/$15.43 Resistances $17.15. Daily Slight OVERBOUGHT👀🔥🚀🚀
$PLUG - Alt energy is a thing of the future! Dont expect the lowest level support to he broken.4hr MACD looking to setup Support $15.70/$16.43[Load zone][LONG]🔥🚀👀💎
$KIRK - Cup and Handle! Support $7.41/ $8.77/$10.16⁉️ Resistances $11.87. Daily/4hr MACD🐮 ⭐4hr GOLDEN CROSS 9/18⭐Suspect earnings get SMASHED. Daily/4hr Slightly OVERBOUGHT [LONG]👀🔥🚀⚠️⚠️⚠️
$MCAC - [SPAC] ⭐PLAYBOY⭐ is going public through them. Sheerly off the name.🔥💎🚀👀
$CLSK - Just like PLUG the uptrend is insane. ⭐ $9 Offering⭐Almost NO DEBT! Support $7.98/$9.55. This should gap back to $10.91+ when the offering closes. ☠SABBY IS IN THIS STOCK☠👀🔥🚀

$PLAY - I'm bullish as a bull can be for next Q earnings! Support $13.86/ $14.55 ⭐4hr GOLDEN CROSS coming Wed/Thur⭐Daily MACD 🐮/🐻 HUGE Gap up potential to $19/$20. I'd put moneyon earnings being beaten December🔥
$SPAQ - [SPAC] ⭐MERGER VOTE END OF OCT⭐4hr GOLDEN CROSS⭐I see $25 EoY. Daily MACD 🐮 4hr MACD🐻 Support $11.90/ $12.99 Resistances $15/ $15.55/ $16.05. Fisker is a PR machine.🔥🚀👀💎
$DBX - 5years of constant revenue growth. Huge inverse H&S. Wedge broke out bullish. Daily/Wkly MACD🐮Support $18.74/ $19.10 / $19.58. Resistance $20.77/$21.29 /$22.76 Gap up to $23.48👀🔥🚀💎
$LCA - [SPAC] Merging with Golden Nugget[gambling]. Should easily hit $20-$25 in the next 4-6weeks. 💎
$SQ - ⭐1% of their ENTIRE company is now in BTC [50m]⭐ this means if BTC goes up it directly benefits them. Not to mention $SQ is just a great long. [LONG]💎👀🔥🚀
$LMND - ⭐90% of their customers are Millennials opening insurance their first time. [This shows HUGE potential long term growth!] [LONG]💎
$NEE - ⭐4:1 Split could run.Think AAPL & TSLA. [LONG]⚠️💎👀
$JWN - Daily MACD🐮4hr MACD🐻 Godly Support $11.70/$12.90 Resistance $14.22 [LONG]💎
🤑Notable Earnings🤑
OCTOBER
$BAC 14th PM📈[Calls]⭐ $WFC - 14th PM⁉️ $PYPL Estimated 18th ⁉️ $TUP Estimated 20th📈[Calls] $LOGI Estimated 20th📉[Puts] $LRN - 20th PM/AH?📈[Calls]⭐ $TXN - 20th PM/AH?📈[Calls] $SNAP - 20th PM📉[Puts or Strangle] $HOG - 20th PM⁉️ $NEE - 20th PM 📉[Puts] $LMT - 20th PM📉[Puts] $RTX - 20th PM📈[Calls] $SKX - 20th AH 📉[Puts or Strangle] $NFLX - 20th AH📈[Calls]⭐ $SIX - 20th PM/AH?📈[Calls or Strangles] $BA - 21st PM📈[Calls]⭐ $SAVE - 21st PM/AH?📈[Calls] $ORLY - 21st PM/AH?📈[Calls] $MSFT - 21st AH📈[Calls] $EBAY - 21st AH📉[Puts or Strangles] $CMG 21st AH📈[Calls or Strangles] $KO Estimated 21st📈[Calls]⭐ $AAL - 22nd PM📈[Calls or Strangles]⭐ $T - 22nd PM📈[Calls] $INTC 22nd AH📈[Calls]⭐ 🔥🚀🌾Gold/Silver🌾🚀🔥 $AGC - 2x silver. Aka silver -1% AGC -2%. This is a day or swing trade. Depreciates
$SLV - Long term silver hold
$JNUG - 2x Gold. Same as AGC but for gold
$NUGT/$GLD - Long term gold holds
🔮BET AGAINST THE MARKET🔮
$SPXS - 3X Inverse of SPY [The overall market] Spy +1% SPXS -3%. Spy -3% SPXS +9% [top 500 companies]🐻🐻
$SQQQ - Same as SPXS except top 100 companies🐻🐻
$VXX - Fear index/Volatility Index. This goes up with market feaunsurity. USUALLY inverses $SPY
⚖UPCOMING FDA INFO⚖ $SPPI - Oct 24th $KALA - Oct 30th $MRK - Oct 30th $SUPN - Nov 8th ⭐ $ADMP - Nov 15th⭐ $ALKS - Nov 15th $MYL - Nov 16th $EIGR - Nov 20th $LQDA - Nov 24th🙏 None of this would be possible without the love and support of you guys! I appreciate each and EVERYONE of you! This group will ALWAYS remain free but if you'd like to donate for my work here ya go. [If you do PLEASE let me know in case I miss it and so I can THANK YOU! 🙏 ❤🖤💙💚🤎💛🧡💜🤍
My Links: ⭐Cashapp: $Hamstackz⭐ ⭐Venmo: $JDH3703⭐ ⭐paypal.me/PhillyDiamondhands⭐
Thanks you once again. I couldn't do this without EVERY single one of yours constant support
newsfilter.io/latest/news
USE THIS SITE. IT IS YOUR BREAD AND BUTTER. If you see something share it!
submitted by Philly19111 to PhillyStockTelegram [link] [comments]

10/18 Weekly Watchlist Been on the telegram for almost 2 days boys

10/18 WEEKLY WATCHLIST
[P.S. Only enter positions you feel the most comfortable with. Your money is your soldier only send him into the battle you think you'll win. Some of these I have taken positions. Some I am looking to take positions. I've posted how many shares I own of what multiple times ]
⭐BIG weeks for earnings coming up +Election news! Be prepared for crazy volatility!⭐
🔑KEY🔑
[💎-Long time gold][⁉️-Could go both ways][🚀-I think this is gonna shoot up][🔥-This imo is gonna be a fire stock to make money off of just dont get dumped on][⚠️-Already ran a bit be careful][👀-Watching this one closely][⭐- Huge Catalyst or info]
PRIMARY FOCUSES: $MGM⭐ $ADMP $SESN $JMIA ⭐ $GRIL $FSI $LCA $ETTX⭐ $CRBP $NOK
🚀💸PENNYS💸🚀
$ETTX - ⭐Solid pipeline. Big insider buys. Presentations Oct 22st-25th⭐ Huge gap to fill to $2.50/$2.75/ $3.05. Support $2.05👀🔥🚀⚠️
$CRBP - ⭐200k in shares bought on the buzzer! Either shorts really covered hard or SOMEONE knows something. Support $1.07👀🔥🚀
$FSI - SMASHED earnings. SUPER SMALL float. Already ran a bit but I can see $4 coming potentially. HIGH RISK👀🔥🚀⚠️
$HMHC - Earnings Oct 28th. $2.50 Calls I may grab some. Looks like a medium risk high reward play👀🔥🚀
$UEC - Barcoding Uranium mine. Its only a matter of time until Algo's pick up on this and it runs heavily. 4hr RSI approaching oversold! Daily/4hr MACD🐮/🐻 👀🔥🚀
$ADMP - Cup & Handle 🐮 ⭐FDA Nov 15th.FDA Likey Approved. ⭐GOLDEN CROSS on the 4hr⭐ 4hr MACD are🐮Support: $0.74/ $0.87 Gap up to $1.02/$1.14 after that the world may never know🔥🚀👀⚠️💎
$SESN - ⭐4th Q Bio news ANYDAY now. ⭐4hr MACD 🐮 Support $1.01/$1.16 Resistances $1.38/ $1.44/$1.50🔥🚀👀💎
$PRTY - Halloween is coming up. 4hr MACD🐮 This is a constant pump and dump stock. Was $5-7 all last year. Support $1.85/$2.15/ $2.40 Resistance $2.62/$2.82🔥
$SOLO - Quarterly MACD 🐮⭐ 4hr GOLDEN CROSS⭐Support: $2.58/$2.90 Resistances: $3.20/$3.34⭐US Manufacturing Location PR by November⭐🔥👀💎⚠️
$GRIL - Once the volume picks up on this its gonna FLY! This company is undervalued in my eyes. Newish emerging fast "healthy" food. Great concept with little to no competition⭐4hr GOLDEN CROSS coming⭐.Daily / 4hr MACD🐮 Support $1.40/$1.54 Resistance $1.67/$1.72 ⭐New investor email for guidance I truthfully see $5-7 by next year on this.[LONG]🔥🚀👀💎
💰Honorable Mentions💰
$NOK - ⭐Earnings Oct 29th⭐4g contract for the moon QUITE LITERALLY⭐Big 5g provider globally. Honestly think this is being slept one and should move up by EoY to $5+.Daily/4hr MACD Daily🐮 💎
$NAK - Mine has been waiting for approval for 10+ years. Trump tweeting about it. MASSIVE float [BAD]. If somehow it gets approved this is gonna jet to $4-6💎⁉️
$IDEX - Some PR dropping. I suspect earnings is gonna make this run up heavily [Nov 6th] ⭐Earning Nov 9th
$RIOT/$MARA -⭐ ONLY if Bitcoin continues to run up.⭐
💰Non-Pennys💰
$VVPR - ⭐$8.50 offering. PT Updated to $40.Honestly $8-9 entry seems great. Should gap up to $11 when the offering closes sometime in the next week.💎👀
$LCA - [SPAC] Merging with the Golden Nugget.⭐ 100k block buy at buzzer [$1.5m]. Descending triangle broke out🐮 Support $13.60 Resistance $14.74/$15.30 gap to $16.50. This could very easily hit $25-30 EoY👀🔥🚀💎
$JMIA - 4hdaily OVERBOUGHT. Huge cup and handle. I expect a pull back before re-entering. Earnings Nov 12th⭐ Amazon of Europe and Africa! Support $10.20/$12.13 Resistance $15.67. Huge gap to $17/$20 to fill👀🔥🚀⚠️💎
$MGM - One of my classic picks has RETURNED! Earnings Oct 29th⭐.⭐GOLDEN CROSS on 4hr and DAILY TODAY⭐4hr MACD 🐮VERY strong support $18.08/$20.54. Resistance $21.71/$21.92/$22.25. I suspect this will be the last earning to have worry about. 1h4hr HAMMER DOJI🔨This should EASILY be $30-40 in the next 3-5years with the expanding to Japan + BETMGM👀🔥🚀💎
$ACI - ⭐ Declared they will providing a dividend. Also won a bid for new locations. Earnings Oct 20th.⭐ I suspect a blowout. This should be a SOLID long term growth hold!🔥🚀
$PLUG - Alt energy is a thing of the future! Dont expect the lowest level support to he broken. 4hr RSI approaching Oversold ! Daily MACD 🐻Support $15.70/ $16.43[Load zone][LONG]🔥🚀👀💎
$MCAC - [SPAC] ⭐PLAYBOY⭐ is going public through them. Sherly off the name.🔥💎🚀
$CLSK - Just like PLUG the uptrend is insane. ⭐ 4hr GOLDEN CROSS ⭐Almost NO DEBT! Support $7.98/$9.55. This should gap back to $10.91+ when the offering closes. ☠SABBY IS IN THIS STOCK☠👀🔥🚀
$PLAY - I'm bullish as a bull can be for next Q earnings! Support $13.86/ $14.55 /$15.90. Breaks $16.33 it flys⭐4hr GOLDEN CROSS coming⭐Daily MACD BREACHING 🐮HUGE Gap up potential to $19/$20. I'd put money on earnings being beaten December🔥
$SPAQ - [SPAC]Cup and handle. Handle looks finished⭐MERGER VOTE END OF OCT⭐4hr GOLDEN CROSS⭐RSI Approaching Oversold! see $25 EoY. Support $11.90/ $12.99 Resistances $15/ $15.55/ $16.05. Fisker is a PR machine.🔥🚀👀💎
🤑Notable Earnings🤑
OCTOBER
$TUP Estimated 20th📈[Calls] $LOGI Estimated 20th📉[Puts] $LRN - 20th PM/AH?📈[Calls]⭐ $TXN - 20th PM/AH?📈[Calls] $SNAP - 20th PM📉[Puts or Strangle] $HOG - 20th PM⁉️ $NEE - 20th PM 📉[Puts] $LMT - 20th PM📉[Puts] $RTX - 20th PM📈[Calls] $SKX - 20th AH 📉[Puts or Strangle] $NFLX - 20th AH📈[Puts]⭐ $SIX - 20th PM/AH?📈[Calls or Strangles] $BA - 21st PM📈[Calls]⭐ $SAVE - 21st PM/AH?📈[Calls] $ORLY - 21st PM/AH?📈[Calls] $MSFT - 21st AH📈[Calls] $EBAY - 21st AH📉[Puts or Strangles] $CMG 21st AH📈[Calls or Strangles] $KO Estimated 21st📈[Calls]⭐ $AAL - 22nd PM📈[Calls or Strangles]⭐ $T - 22nd PM📈[Calls] $INTC 22nd AH📈[Calls]⭐
🔥🚀🌾Gold/Silver🌾🚀🔥
$AGC - 2x silver. Aka silver -1% AGC -2%. This is a day or swing trade. Depreciates
$SLV - Long term silver hold
$JNUG - 2x Gold. Same as AGC but for gold
$NUGT/$GLD - Long term gold holds
🔮BET AGAINST THE MARKET🔮
$SPXS - 3X Inverse of SPY [The overall market] Spy +1% SPXS -3%. Spy -3% SPXS +9% [top 500 companies]🐻🐻
$SQQQ - Same as SPXS except top 100 companies🐻🐻
$VXX - Fear index/Volatility Index. This goes up with market feaunsurity. USUALLY inverses $SPY
⚖UPCOMING FDA INFO⚖
$SPPI - Oct 24th $KALA - Oct 30th $MRK - Oct 30th $SUPN - Nov 8th ⭐ $ADMP - Nov 15th⭐ $ALKS - Nov 15th $MYL - Nov 16th $EIGR - Nov 20th $LQDA - Nov 24th
🙏 None of this would be possible without the love and support of you guys! I appreciate each and EVERYONE of you! This group will ALWAYS remain free but if you'd like to donate for my work here ya go. Donations do help an exponential amount but are not require!💚[If you do PLEASE let me know in case I miss it and so I can THANK YOU! 🙏 ❤🖤💙💚🤎💛🧡💜🤍
My Links: ⭐Cashapp: $Hamstackz⭐ ⭐Venmo: $JDH3703⭐ ⭐paypal.me/PhillyDiamondhands⭐
Thanks you once again. I couldn't do this without EVERY single one of yours constant support
submitted by Philly19111 to PhillyStockTelegram [link] [comments]

The Mandela Effect (Part 2 – The Celebrity)

This is a continuation of the Mandela Effect story. For the introduction, click here.
How did you first become aware of the Incident?
I have a lot of fans, and I often hold events that allow me to mingle with them. They have all sorts of interesting careers, and I like to ask them questions about their lives. Maybe it’s my sincerity, or maybe it’s just part of being a celebrity, but when they open up and tell me about their lives, they frequently share things that they might not tell another person.
I was in a deep conversation with one of these fans, and he says “You know, I work for (the Silicon Valley Mogul) and there is just the strangest project that he’s working on. It involves you, interestingly enough.” I mean, obviously I want to know more, so I ask him more questions and he tells me about this weird guy that the NSA is surveilling. They’re tracking his internet habits and it turns out that he repeatedly googles and reads whatever are the most recent news articles on the same five people: Donald Trump, (The Silicon Valley Mogul), Kanye West, Vladimir Putin, and me. So I’m surprised, like “Wow. That’s really weird.” And obviously I’m a little worried too, because I’ve had a lot of stalkers, and it’s a really unsettling experience. So I tell him “Hey, this is really scary, and I’m kind of worried that I may have a stalker that I don’t know about. I’m not asking you to say or do anything that would endanger your job, but if he does anything else that involves me, would you please let me know?”
Anyway, a few weeks passes, and I hear back from him and he says “You know, it’s the weirdest thing. He just granted you limited power of attorney in regards to IP infringement. He thinks that the NSA is trying to infringe upon his IP!” I’m like “WHAT?” It turns out that you’re verbally allowed to grant power of attorney and he did so until the end of 2019, to be extended in the event that I file any lawsuits on his behalf.
What did you do?
Well, I mean, what does one do in a situation like that? I talked to my friends about it. They also thought it was the weirdest thing, and one of them was laughing that we should try to get a message to him. My fan, the guy who works for (The Silicon Valley Mogul), told me that this guy reads Daily Mail a lot. It’s sort of this trashy British tabloid that has a lot of pictures in it. It’s not too expensive to insert a paid article there: in fact a lot of Z-list celebrities and Instagram influencers do it when they’re trying to get their glow-up. So as a joke, one of my friends puts a paid ad in there about me… and the guy answers! But here’s the weird thing, he doesn’t hit the post button. He responds with a thoughtful comment and then deletes it. Like what?
Anyway, once me and my friends find out that we can communicate with this guy through Daily Mail, it becomes a thing for us and we try to find out his opinion about all sorts of different things. When you move through our world it can be hard to get a genuine opinion, and this guy is painfully honest. I mean, why wouldn’t he be? He deletes the posts, so there’s no evidence that they even exist. We’re the only ones who know. Anyway, it eventually becomes this sort of… game. We occasionally post paid articles in Daily Mail and ask him his opinion on things. Sometimes it’s serious stuff, like politics or racial issues. Sometimes it’s totally trivial, like… just the other day, a popular actress was asking his opinion about her ankles. Weird stuff like that. We ask his opinions through Daily Mail and my friend who works for (The Silicon Valley Mogul) relays his typed but deleted message back to us a day later.
Eventually, we hear his comment about the colors. “Monochrome with a little red if you pledge your loyalty to me, blue and pink if you think I’m sexy.” And we do that too, because, hey, it’s fun. A lot of us are into fashion anyway, so this is like, a… a cool little thing to let other people know that you’re in on the secret, that you’re in the know. 21 is a special number for him for some reason - so every month, on the 21st, we dress up in his colors. Some of us even work them into music videos, trailers for coming movies, or the color scheme of our music tours. Even corporations are doing it too now, using these color schemes in their commercials. There are symbols, too. Like the “OK” symbol, or the illuminati sign of the triangle near your eye. Those apparently have some sort of significance to him also, so we try to sneak it into our paparazzi shots or poses. And then one day, I look around, and I’m like… wait a second, this is a cult. I’m in a secret cult. We have weird symbols, and similar clothing, and strange rituals we do on a certain day of the month, and a huge secret shared only by us that the rest of the world doesn’t know about. (Laugh)
What is your interpretation of the Incident?
Well, it’s pretty obvious. Shortly after I realized we were in a secret cult, he posted a link to a book on Amazon. It’s written like a cross between a Spellbook, an unhinged Twitter rant, and some sort of science handbook. Except this isn’t any sort of normal science. This is something called “Game Theory” and “Memetics.” Basically, those are sciences of crowd manipulation, except right now they’re still speculative – people can’t agree whether or not they exist or are just wild fringe ideas. But this guy’s theories are like, two decades ahead of everybody else. Apparently, for the past twenty years he has secretly been doing mad science experiments on how to manipulate groups, and he just proved it by starting a cult in Hollywood without even ever meeting a single one of us in person.
But here’s the crazy thing – there’s no proof of any of this. Like I said, he never hit the post button on any of his comments, so there’s no proof any of them existed. If it wasn’t for the fact that we’re all doing the same things, you wouldn’t know. He’s covered his tracks perfectly. If not for the fact that you came here to interview me about it, I’d never say anything, because who would believe me?
What part of the Incident would you categorize as paranormal or outside the bounds of understanding?
OK, this is really going to come off as narcissistic, and I really don’t mean it to come off this way… (laughs)
Go on.
Well, the impression I initially had of this guy is that he was a stalker who was obsessively into me. Even after I changed my mind about that, it seemed pretty clear that he was attracted to me. I mean… to be entirely honest, I got curious and asked him about it on Daily Mail once, and he flat-out admitted it. But, the weird thing is…
Yes?
After January 1st, 2020, he didn’t read even a single Daily Mail article about me. Not even one.
submitted by SocratesScissors to scarystories [link] [comments]

[ANN][ANDROID MINING][AIRDROP] NewEnglandcoin: Scrypt RandomSpike

New England
New England 6 States Songs: https://www.reddit.com/newengland/comments/er8wxd/new_england_6_states_songs/
NewEnglandcoin
Symbol: NENG
NewEnglandcoin is a clone of Bitcoin using scrypt as a proof-of-work algorithm with enhanced features to protect against 51% attack and decentralize on mining to allow diversified mining rigs across CPUs, GPUs, ASICs and Android phones.
Mining Algorithm: Scrypt with RandomSpike. RandomSpike is 3rd generation of Dynamic Difficulty (DynDiff) algorithm on top of scrypt.
1 minute block targets base difficulty reset: every 1440 blocks subsidy halves in 2.1m blocks (~ 2 to 4 years) 84,000,000,000 total maximum NENG 20000 NENG per block Pre-mine: 1% - reserved for dev fund ICO: None RPCPort: 6376 Port: 6377
NewEnglandcoin has dogecoin like supply at 84 billion maximum NENG. This huge supply insures that NENG is suitable for retail transactions and daily use. The inflation schedule of NengEnglandcoin is actually identical to that of Litecoin. Bitcoin and Litecoin are already proven to be great long term store of value. The Litecoin-like NENG inflation schedule will make NewEnglandcoin ideal for long term investment appreciation as the supply is limited and capped at a fixed number
Bitcoin Fork - Suitable for Home Hobbyists
NewEnglandcoin core wallet continues to maintain version tag of "Satoshi v0.8.7.5" because NewEnglandcoin is very much an exact clone of bitcoin plus some mining feature changes with DynDiff algorithm. NewEnglandcoin is very suitable as lite version of bitcoin for educational purpose on desktop mining, full node running and bitcoin programming using bitcoin-json APIs.
The NewEnglandcoin (NENG) mining algorithm original upgrade ideas were mainly designed for decentralization of mining rigs on scrypt, which is same algo as litecoin/dogecoin. The way it is going now is that NENG is very suitable for bitcoin/litecoin/dogecoin hobbyists who can not , will not spend huge money to run noisy ASIC/GPU mining equipments, but still want to mine NENG at home with quiet simple CPU/GPU or with a cheap ASIC like FutureBit Moonlander 2 USB or Apollo pod on solo mining setup to obtain very decent profitable results. NENG allows bitcoin litecoin hobbyists to experience full node running, solo mining, CPU/GPU/ASIC for a fun experience at home at cheap cost without breaking bank on equipment or electricity.
MIT Free Course - 23 lectures about Bitcoin, Blockchain and Finance (Fall,2018)
https://www.youtube.com/playlist?list=PLUl4u3cNGP63UUkfL0onkxF6MYgVa04Fn
CPU Minable Coin Because of dynamic difficulty algorithm on top of scrypt, NewEnglandcoin is CPU Minable. Users can easily set up full node for mining at Home PC or Mac using our dedicated cheetah software.
Research on the first forked 50 blocks on v1.2.0 core confirmed that ASIC/GPU miners mined 66% of 50 blocks, CPU miners mined the remaining 34%.
NENG v1.4.0 release enabled CPU mining inside android phones.
Youtube Video Tutorial
How to CPU Mine NewEnglandcoin (NENG) in Windows 10 Part 1 https://www.youtube.com/watch?v=sdOoPvAjzlE How to CPU Mine NewEnglandcoin (NENG) in Windows 10 Part 2 https://www.youtube.com/watch?v=nHnRJvJRzZg
How to CPU Mine NewEnglandcoin (NENG) in macOS https://www.youtube.com/watch?v=Zj7NLMeNSOQ
Decentralization and Community Driven NewEnglandcoin is a decentralized coin just like bitcoin. There is no boss on NewEnglandcoin. Nobody nor the dev owns NENG.
We know a coin is worth nothing if there is no backing from community. Therefore, we as dev do not intend to make decision on this coin solely by ourselves. It is our expectation that NewEnglandcoin community will make majority of decisions on direction of this coin from now on. We as dev merely view our-self as coin creater and technical support of this coin while providing NENG a permanent home at ShorelineCrypto Exchange.
Twitter Airdrop
Follow NENG twitter and receive 100,000 NENG on Twitter Airdrop to up to 1000 winners
Graphic Redesign Bounty
Top one award: 90.9 million NENG Top 10 Winners: 500,000 NENG / person Event Timing: March 25, 2019 - Present Event Address: NewEnglandcoin DISCORD at: https://discord.gg/UPeBwgs
Please complete above Twitter Bounty requirement first. Then follow Below Steps to qualify for the Bounty: (1) Required: submit your own designed NENG logo picture in gif, png jpg or any other common graphic file format into DISCORD "bounty-submission" board (2) Optional: submit a second graphic for logo or any other marketing purposes into "bounty-submission" board. (3) Complete below form.
Please limit your submission to no more than two total. Delete any wrongly submitted or undesired graphics in the board. Contact DISCORD u/honglu69#5911 or u/krypton#6139 if you have any issues.
Twitter Airdrop/Graphic Redesign bounty sign up: https://goo.gl/forms/L0vcwmVi8c76cR7m1
Milestones
Roadmap
NENG v1.4.0 Android Mining, randomSpike Evaluation https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/NENG_2020_Q3_report/NENG_2020_Q3_report.pdf
RandomSpike - NENG core v1.3.0 Hardfork Upgrade Proposal https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/2020Q1_Report/Scrypt_RandomSpike_NENGv1.3.0_Hardfork_Proposal.pdf
NENG Security, Decentralization & Valuation
https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/2019Q2_report/NENG_Security_Decentralization_Value.pdf
Whitepaper v1.0 https://github.com/ShorelineCrypto/NewEnglandCoin/releases/download/whitepaper_v1.0/NENG_WhitePaper.pdf
DISCORD https://discord.gg/UPeBwgs
Explorer
http://www.findblocks.com/exploreNENG http://86.100.49.209/exploreNENG http://nengexplorer.mooo.com:3001/
Step by step guide on how to setup an explorer: https://github.com/ShorelineCrypto/nengexplorer
Github https://github.com/ShorelineCrypto/NewEnglandCoin
Wallet
Android with UserLand App (arm64/armhf), Chromebook (x64/arm64/armhf): https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v1.4.0.5
Linux Wallet (Ubuntu/Linux Mint, Debian/MX Linux, Arch/Manjaro, Fedora, openSUSE): https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v1.4.0.3
MacOS Wallet (10.11 El Capitan or higher): https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v1.4.0.2
Android with GNUroot on 32 bits old Phones (alpha release) wallet: https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v1.4.0
Windows wallet: https://github.com/ShorelineCrypto/NewEnglandCoin/releases/tag/v1.3.0.1
addnode ip address for the wallet to sync faster, frequently updated conf file: https://github.com/ShorelineCrypto/cheetah_cpumineblob/mastenewenglandcoin.conf-example
How to Sync Full Node Desktop Wallet https://www.reddit.com/NewEnglandCoin/comments/er6f0q/how_to_sync_full_node_desktop_wallet/
TWITTER https://twitter.com/newenglandcoin
REDDIT https://www.reddit.com/NewEnglandCoin/
Cheetah CPU Miner Software https://github.com/ShorelineCrypto/cheetah_cpuminer
Solo Mining with GPU or ASIC https://bitcointalk.org/index.php?topic=5027091.msg52187727#msg52187727
How to Run Two Full Node in Same Desktop PC https://bitcointalk.org/index.php?topic=5027091.msg53581449#msg53581449
ASIC/GPU Mining Pools Warning to Big ASIC Miners Due to DynDiff Algo on top of Scrypt, solo mining is recommended for ASIC/GPU miners. Further more, even for mining pools, small mining pool will generate better performance than big NENG mining pool because of new algo v1.2.x post hard fork.
The set up configuration of NENG for scrypt pool mining is same as a typical normal scrypt coin. In other word, DynDiff on Scrypt algo is backward compatible with Scrypt algo. Because ASIC/GPU miners rely on CPU miners for smooth blockchain movement, checkout bottom of "Latest News" section for A WARNING to All ASIC miners before you decide to dump big ASIC hash rate into NENG mining.
(1) Original DynDiff Warning: https://bitcointalk.org/index.php?topic=5027091.msg48324708#msg48324708 (2) New Warning on RandomSpike Spike difficulty (244k) introduced in RandomSpike served as roadblocks to instant mining and provide security against 51% attack risk. However, this spike difficulty like a roadblock that makes big ASIC mining less profitable. In case of spike block to be mined, the spike difficulty immediately serve as base difficulty, which will block GPU/ASIC miners effectively and leave CPU cheetah solo miners dominating mining almost 100% until next base difficulty reset.
FindBlocks http://findblocks.com/
CRpool http://crpool.xyz/
Cminors' Pool http://newenglandcoin.cminors-pool.com/
SPOOL https://spools.online/
Exchange
📷
https://shorelinecrypto.com/
Features: anonymous sign up and trading. No restriction or limit on deposit or withdraw.
The trading pairs available: NewEnglandcoin (NENG) / Dogecoin (DOGE)
Trading commission: A round trip trading will incur 0.10% trading fees in average. Fees are paid only on buyer side. buy fee: 0.2% / sell fee: 0% Deposit fees: free for all coins Withdraw fees: ZERO per withdraw. Mining fees are appointed by each coin blockchain. To cover the blockchain mining fees, there is minimum balance per coin per account: * Dogecoin 2 DOGE * NewEnglandcoin 1 NENG
Latest News Aug 30, 2020 - NENG v1.4.0.5 Released for Android/Chromebook Upgrade with armhf, better hardware support https://bitcointalk.org/index.php?topic=5027091.msg55098029#msg55098029
Aug 11, 2020 - NENG v1.4.0.4 Released for Android arm64 Upgrade / Chromebook Support https://bitcointalk.org/index.php?topic=5027091.msg54977437#msg54977437
Jul 30, 2020 - NENG v1.4.0.3 Released for Linux Wallet Upgrade with 8 Distros https://bitcointalk.org/index.php?topic=5027091.msg54898540#msg54898540
Jul 21, 2020 - NENG v1.4.0.2 Released for MacOS Upgrade with Catalina https://bitcointalk.org/index.php?topic=5027091.msg54839522#msg54839522
Jul 19, 2020 - NENG v1.4.0.1 Released for MacOS Wallet Upgrade https://bitcointalk.org/index.php?topic=5027091.msg54830333#msg54830333
Jul 15, 2020 - NENG v1.4.0 Released for Android Mining, Ubuntu 20.04 support https://bitcointalk.org/index.php?topic=5027091.msg54803639#msg54803639
Jul 11, 2020 - NENG v1.4.0 Android Mining, randomSpike Evaluation https://bitcointalk.org/index.php?topic=5027091.msg54777222#msg54777222
Jun 27, 2020 - Pre-Announce: NENG v1.4.0 Proposal for Mobile Miner Upgrade, Android Mining Start in July 2020 https://bitcointalk.org/index.php?topic=5027091.msg54694233#msg54694233
Jun 19, 2020 - Best Practice for Futurebit Moonlander2 USB ASIC on solo mining mode https://bitcointalk.org/index.php?topic=5027091.msg54645726#msg54645726
Mar 15, 2020 - Scrypt RandomSpike - NENG v1.3.0.1 Released for better wallet syncing https://bitcointalk.org/index.php?topic=5027091.msg54030923#msg54030923
Feb 23, 2020 - Scrypt RandomSpike - NENG Core v1.3.0 Relased, Hardfork on Mar 1 https://bitcointalk.org/index.php?topic=5027091.msg53900926#msg53900926
Feb 1, 2020 - Scrypt RandomSpike Proposal Published- NENG 1.3.0 Hardfork https://bitcointalk.org/index.php?topic=5027091.msg53735458#msg53735458
Jan 15, 2020 - NewEnglandcoin Dev Team Expanded with New Kickoff https://bitcointalk.org/index.php?topic=5027091.msg53617358#msg53617358
Jan 12, 2020 - Explanation of Base Diff Reset and Effect of Supply https://www.reddit.com/NewEnglandCoin/comments/envmo1/explanation_of_base_diff_reset_and_effect_of/
Dec 19, 2019 - Shoreline_tradingbot version 1.0 is released https://bitcointalk.org/index.php?topic=5121953.msg53391184#msg53391184
Sept 1, 2019 - NewEnglandcoin (NENG) is Selected as Shoreline Tradingbot First Supported Coin https://bitcointalk.org/index.php?topic=5027091.msg52331201#msg52331201
Aug 15, 2019 - Mining Update on Effect of Base Difficulty Reset, GPU vs ASIC https://bitcointalk.org/index.php?topic=5027091.msg52169572#msg52169572
Jul 7, 2019 - CPU Mining on macOS Mojave is supported under latest Cheetah_Cpuminer Release https://bitcointalk.org/index.php?topic=5027091.msg51745839#msg51745839
Jun 1, 2019 - NENG Fiat project is stopped by Square, Inc https://bitcointalk.org/index.php?topic=5027091.msg51312291#msg51312291
Apr 21, 2019 - NENG Fiat Project is Launched by ShorelineCrypto https://bitcointalk.org/index.php?topic=5027091.msg50714764#msg50714764
Apr 7, 2019 - Announcement of Fiat Project for all U.S. Residents & Mobile Miner Project Initiation https://bitcointalk.org/index.php?topic=5027091.msg50506585#msg50506585
Apr 1, 2019 - Disclosure on Large Buying on NENG at ShorelineCrypto Exchange https://bitcointalk.org/index.php?topic=5027091.msg50417196#msg50417196
Mar 27, 2019 - Disclosure on Large Buying on NENG at ShorelineCrypto Exchange https://bitcointalk.org/index.php?topic=5027091.msg50332097#msg50332097
Mar 17, 2019 - Disclosure on Large Buying on NENG at ShorelineCrypto Exchange https://bitcointalk.org/index.php?topic=5027091.msg50208194#msg50208194
Feb 26, 2019 - Community Project - NewEnglandcoin Graphic Redesign Bounty Initiated https://bitcointalk.org/index.php?topic=5027091.msg49931305#msg49931305
Feb 22, 2019 - Dev Policy on Checkpoints on NewEnglandcoin https://bitcointalk.org/index.php?topic=5027091.msg49875242#msg49875242
Feb 20, 2019 - NewEnglandCoin v1.2.1 Released to Secure the Hard Kork https://bitcointalk.org/index.php?topic=5027091.msg49831059#msg49831059
Feb 11, 2019 - NewEnglandCoin v1.2.0 Released, Anti-51% Attack, Anti-instant Mining after Hard Fork https://bitcointalk.org/index.php?topic=5027091.msg49685389#msg49685389
Jan 13, 2019 - Cheetah_CpuMiner added support for CPU Mining on Mac https://bitcointalk.org/index.php?topic=5027091.msg49218760#msg49218760
Jan 12, 2019 - NENG Core v1.1.2 Released to support MacOS OSX Wallet https://bitcointalk.org/index.php?topic=5027091.msg49202088#msg49202088
Jan 2, 2019 - Cheetah_Cpuminer v1.1.0 is released for both Linux and Windows https://bitcointalk.org/index.php?topic=5027091.msg49004345#msg49004345
Dec 31, 2018 - Technical Whitepaper is Released https://bitcointalk.org/index.php?topic=5027091.msg48990334#msg48990334
Dec 28, 2018 - Cheetah_Cpuminer v1.0.0 is released for Linux https://bitcointalk.org/index.php?topic=5027091.msg48935135#msg48935135
Update on Dec 14, 2018 - NENG Blockchain Stuck Issue https://bitcointalk.org/index.php?topic=5027091.msg48668375#msg48668375
Nov 27, 2018 - Exclusive for PC CPU Miners - How to Steal a Block from ASIC Miners https://bitcointalk.org/index.php?topic=5027091.msg48258465#msg48258465
Nov 28, 2018 - How to CPU Mine a NENG block with window/linux PC https://bitcointalk.org/index.php?topic=5027091.msg48298311#msg48298311
Nov 29, 2018 - A Warning to ASIC Miners https://bitcointalk.org/index.php?topic=5027091.msg48324708#msg48324708
Disclosure: Dev Team Came from ShorelineCrypto, a US based Informatics Service Business offering Fee for service for Coin Creation, Coin Exchange Listing, Blockchain Consulting, etc.
submitted by honglu69 to NewEnglandCoin [link] [comments]

Why i’m bullish on Zilliqa (long read)

Hey all, I've been researching coins since 2017 and have gone through 100s of them in the last 3 years. I got introduced to blockchain via Bitcoin of course, analysed Ethereum thereafter and from that moment I have a keen interest in smart contact platforms. I’m passionate about Ethereum but I find Zilliqa to have a better risk reward ratio. Especially because Zilliqa has found an elegant balance between being secure, decentralised and scalable in my opinion.
 
Below I post my analysis why from all the coins I went through I’m most bullish on Zilliqa (yes I went through Tezos, EOS, NEO, VeChain, Harmony, Algorand, Cardano etc.). Note that this is not investment advice and although it's a thorough analysis there is obviously some bias involved. Looking forward to what you all think!
 
Fun fact: the name Zilliqa is a play on ‘silica’ silicon dioxide which means “Silicon for the high-throughput consensus computer.”
 
This post is divided into (i) Technology, (ii) Business & Partnerships, and (iii) Marketing & Community. I’ve tried to make the technology part readable for a broad audience. If you’ve ever tried understanding the inner workings of Bitcoin and Ethereum you should be able to grasp most parts. Otherwise just skim through and once you are zoning out head to the next part.
 
Technology and some more:
 
Introduction The technology is one of the main reasons why I’m so bullish on Zilliqa. First thing you see on their website is: “Zilliqa is a high-performance, high-security blockchain platform for enterprises and next-generation applications.” These are some bold statements.
 
Before we deep dive into the technology let’s take a step back in time first as they have quite the history. The initial research paper from which Zilliqa originated dates back to August 2016: Elastico: A Secure Sharding Protocol For Open Blockchains where Loi Luu (Kyber Network) is one of the co-authors. Other ideas that led to the development of what Zilliqa has become today are: Bitcoin-NG, collective signing CoSi, ByzCoin and Omniledger.
 
The technical white paper was made public in August 2017 and since then they have achieved everything stated in the white paper and also created their own open source intermediate level smart contract language called Scilla (functional programming language similar to OCaml) too.
 
Mainnet is live since end of January 2019 with daily transaction rate growing continuously. About a week ago mainnet reached 5 million transactions, 500.000+ addresses in total along with 2400 nodes keeping the network decentralised and secure. Circulating supply is nearing 11 billion and currently only mining rewards are left. Maximum supply is 21 billion with annual inflation being 7.13% currently and will only decrease with time.
 
Zilliqa realised early on that the usage of public cryptocurrencies and smart contracts were increasing but decentralised, secure and scalable alternatives were lacking in the crypto space. They proposed to apply sharding onto a public smart contract blockchain where the transaction rate increases almost linear with the increase in amount of nodes. More nodes = higher transaction throughput and increased decentralisation. Sharding comes in many forms and Zilliqa uses network-, transaction- and computational sharding. Network sharding opens up the possibility of using transaction- and computational sharding on top. Zilliqa does not use state sharding for now. We’ll come back to this later.
 
Before we continue disecting how Zilliqa achieves such from a technological standpoint it’s good to keep in mind that a blockchain being decentralised and secure and scalable is still one of the main hurdles in allowing widespread usage of decentralised networks. In my opinion this needs to be solved first before blockchains can get to the point where they can create and add large scale value. So I invite you to read the next section to grasp the underlying fundamentals. Because after all these premises need to be true otherwise there isn’t a fundamental case to be bullish on Zilliqa, right?
 
Down the rabbit hole
 
How have they achieved this? Let’s define the basics first: key players on Zilliqa are the users and the miners. A user is anybody who uses the blockchain to transfer funds or run smart contracts. Miners are the (shard) nodes in the network who run the consensus protocol and get rewarded for their service in Zillings (ZIL). The mining network is divided into several smaller networks called shards, which is also referred to as ‘network sharding’. Miners subsequently are randomly assigned to a shard by another set of miners called DS (Directory Service) nodes. The regular shards process transactions and the outputs of these shards are eventually combined by the DS shard as they reach consensus on the final state. More on how these DS shards reach consensus (via pBFT) will be explained later on.
 
The Zilliqa network produces two types of blocks: DS blocks and Tx blocks. One DS Block consists of 100 Tx Blocks. And as previously mentioned there are two types of nodes concerned with reaching consensus: shard nodes and DS nodes. Becoming a shard node or DS node is being defined by the result of a PoW cycle (Ethash) at the beginning of the DS Block. All candidate mining nodes compete with each other and run the PoW (Proof-of-Work) cycle for 60 seconds and the submissions achieving the highest difficulty will be allowed on the network. And to put it in perspective: the average difficulty for one DS node is ~ 2 Th/s equaling 2.000.000 Mh/s or 55 thousand+ GeForce GTX 1070 / 8 GB GPUs at 35.4 Mh/s. Each DS Block 10 new DS nodes are allowed. And a shard node needs to provide around 8.53 GH/s currently (around 240 GTX 1070s). Dual mining ETH/ETC and ZIL is possible and can be done via mining software such as Phoenix and Claymore. There are pools and if you have large amounts of hashing power (Ethash) available you could mine solo.
 
The PoW cycle of 60 seconds is a peak performance and acts as an entry ticket to the network. The entry ticket is called a sybil resistance mechanism and makes it incredibly hard for adversaries to spawn lots of identities and manipulate the network with these identities. And after every 100 Tx Blocks which corresponds to roughly 1,5 hour this PoW process repeats. In between these 1,5 hour no PoW needs to be done meaning Zilliqa’s energy consumption to keep the network secure is low. For more detailed information on how mining works click here.
Okay, hats off to you. You have made it this far. Before we go any deeper down the rabbit hole we first must understand why Zilliqa goes through all of the above technicalities and understand a bit more what a blockchain on a more fundamental level is. Because the core of Zilliqa’s consensus protocol relies on the usage of pBFT (practical Byzantine Fault Tolerance) we need to know more about state machines and their function. Navigate to Viewblock, a Zilliqa block explorer, and just come back to this article. We will use this site to navigate through a few concepts.
 
We have established that Zilliqa is a public and distributed blockchain. Meaning that everyone with an internet connection can send ZILs, trigger smart contracts etc. and there is no central authority who fully controls the network. Zilliqa and other public and distributed blockchains (like Bitcoin and Ethereum) can also be defined as state machines.
 
Taking the liberty of paraphrasing examples and definitions given by Samuel Brooks’ medium article, he describes the definition of a blockchain (like Zilliqa) as:
“A peer-to-peer, append-only datastore that uses consensus to synchronise cryptographically-secure data”.
 
Next he states that: >“blockchains are fundamentally systems for managing valid state transitions”.* For some more context, I recommend reading the whole medium article to get a better grasp of the definitions and understanding of state machines. Nevertheless, let’s try to simplify and compile it into a single paragraph. Take traffic lights as an example: all its states (red, amber and green) are predefined, all possible outcomes are known and it doesn’t matter if you encounter the traffic light today or tomorrow. It will still behave the same. Managing the states of a traffic light can be done by triggering a sensor on the road or pushing a button resulting in one traffic lights’ state going from green to red (via amber) and another light from red to green.
 
With public blockchains like Zilliqa this isn’t so straightforward and simple. It started with block #1 almost 1,5 years ago and every 45 seconds or so a new block linked to the previous block is being added. Resulting in a chain of blocks with transactions in it that everyone can verify from block #1 to the current #647.000+ block. The state is ever changing and the states it can find itself in are infinite. And while the traffic light might work together in tandem with various other traffic lights, it’s rather insignificant comparing it to a public blockchain. Because Zilliqa consists of 2400 nodes who need to work together to achieve consensus on what the latest valid state is while some of these nodes may have latency or broadcast issues, drop offline or are deliberately trying to attack the network etc.
 
Now go back to the Viewblock page take a look at the amount of transaction, addresses, block and DS height and then hit refresh. Obviously as expected you see new incremented values on one or all parameters. And how did the Zilliqa blockchain manage to transition from a previous valid state to the latest valid state? By using pBFT to reach consensus on the latest valid state.
 
After having obtained the entry ticket, miners execute pBFT to reach consensus on the ever changing state of the blockchain. pBFT requires a series of network communication between nodes, and as such there is no GPU involved (but CPU). Resulting in the total energy consumed to keep the blockchain secure, decentralised and scalable being low.
 
pBFT stands for practical Byzantine Fault Tolerance and is an optimisation on the Byzantine Fault Tolerant algorithm. To quote Blockonomi: “In the context of distributed systems, Byzantine Fault Tolerance is the ability of a distributed computer network to function as desired and correctly reach a sufficient consensus despite malicious components (nodes) of the system failing or propagating incorrect information to other peers.” Zilliqa is such a distributed computer network and depends on the honesty of the nodes (shard and DS) to reach consensus and to continuously update the state with the latest block. If pBFT is a new term for you I can highly recommend the Blockonomi article.
 
The idea of pBFT was introduced in 1999 - one of the authors even won a Turing award for it - and it is well researched and applied in various blockchains and distributed systems nowadays. If you want more advanced information than the Blockonomi link provides click here. And if you’re in between Blockonomi and University of Singapore read the Zilliqa Design Story Part 2 dating from October 2017.
Quoting from the Zilliqa tech whitepaper: “pBFT relies upon a correct leader (which is randomly selected) to begin each phase and proceed when the sufficient majority exists. In case the leader is byzantine it can stall the entire consensus protocol. To address this challenge, pBFT offers a view change protocol to replace the byzantine leader with another one.”
 
pBFT can tolerate ⅓ of the nodes being dishonest (offline counts as Byzantine = dishonest) and the consensus protocol will function without stalling or hiccups. Once there are more than ⅓ of dishonest nodes but no more than ⅔ the network will be stalled and a view change will be triggered to elect a new DS leader. Only when more than ⅔ of the nodes are dishonest (>66%) double spend attacks become possible.
 
If the network stalls no transactions can be processed and one has to wait until a new honest leader has been elected. When the mainnet was just launched and in its early phases, view changes happened regularly. As of today the last stalling of the network - and view change being triggered - was at the end of October 2019.
 
Another benefit of using pBFT for consensus besides low energy is the immediate finality it provides. Once your transaction is included in a block and the block is added to the chain it’s done. Lastly, take a look at this article where three types of finality are being defined: probabilistic, absolute and economic finality. Zilliqa falls under the absolute finality (just like Tendermint for example). Although lengthy already we skipped through some of the inner workings from Zilliqa’s consensus: read the Zilliqa Design Story Part 3 and you will be close to having a complete picture on it. Enough about PoW, sybil resistance mechanism, pBFT etc. Another thing we haven’t looked at yet is the amount of decentralisation.
 
Decentralisation
 
Currently there are four shards, each one of them consisting of 600 nodes. 1 shard with 600 so called DS nodes (Directory Service - they need to achieve a higher difficulty than shard nodes) and 1800 shard nodes of which 250 are shard guards (centralised nodes controlled by the team). The amount of shard guards has been steadily declining from 1200 in January 2019 to 250 as of May 2020. On the Viewblock statistics you can see that many of the nodes are being located in the US but those are only the (CPU parts of the) shard nodes who perform pBFT. There is no data from where the PoW sources are coming. And when the Zilliqa blockchain starts reaching their transaction capacity limit, a network upgrade needs to be executed to lift the current cap of maximum 2400 nodes to allow more nodes and formation of more shards which will allow to network to keep on scaling according to demand.
Besides shard nodes there are also seed nodes. The main role of seed nodes is to serve as direct access points (for end users and clients) to the core Zilliqa network that validates transactions. Seed nodes consolidate transaction requests and forward these to the lookup nodes (another type of nodes) for distribution to the shards in the network. Seed nodes also maintain the entire transaction history and the global state of the blockchain which is needed to provide services such as block explorers. Seed nodes in the Zilliqa network are comparable to Infura on Ethereum.
 
The seed nodes were first only operated by Zilliqa themselves, exchanges and Viewblock. Operators of seed nodes like exchanges had no incentive to open them for the greater public.They were centralised at first. Decentralisation at the seed nodes level has been steadily rolled out since March 2020 ( Zilliqa Improvement Proposal 3 ). Currently the amount of seed nodes is being increased, they are public facing and at the same time PoS is applied to incentivize seed node operators and make it possible for ZIL holders to stake and earn passive yields. Important distinction: seed nodes are not involved with consensus! That is still PoW as entry ticket and pBFT for the actual consensus.
 
5% of the block rewards are being assigned to seed nodes (from the beginning in 2019) and those are being used to pay out ZIL stakers.The 5% block rewards with an annual yield of 10.03% translates to roughly 610 MM ZILs in total that can be staked. Exchanges use the custodial variant of staking and wallets like Moonlet will use the non custodial version (starting in Q3 2020). Staking is being done by sending ZILs to a smart contract created by Zilliqa and audited by Quantstamp.
 
With a high amount of DS & shard nodes and seed nodes becoming more decentralised too, Zilliqa qualifies for the label of decentralised in my opinion.
 
Smart contracts
 
Let me start by saying I’m not a developer and my programming skills are quite limited. So I‘m taking the ELI5 route (maybe 12) but if you are familiar with Javascript, Solidity or specifically OCaml please head straight to Scilla - read the docs to get a good initial grasp of how Zilliqa’s smart contract language Scilla works and if you ask yourself “why another programming language?” check this article. And if you want to play around with some sample contracts in an IDE click here. Faucet can be found here. And more information on architecture, dapp development and API can be found on the Developer Portal.
If you are more into listening and watching: check this recent webinar explaining Zilliqa and Scilla. Link is time stamped so you’ll start right away with a platform introduction, R&D roadmap 2020 and afterwards a proper Scilla introduction.
 
Generalised: programming languages can be divided into being ‘object oriented’ or ‘functional’. Here is an ELI5 given by software development academy: > “all programmes have two basic components, data – what the programme knows – and behaviour – what the programme can do with that data. So object-oriented programming states that combining data and related behaviours in one place, is called “object”, which makes it easier to understand how a particular program works. On the other hand, functional programming argues that data and behaviour are different things and should be separated to ensure their clarity.”
 
Scilla is on the functional side and shares similarities with OCaml: > OCaml is a general purpose programming language with an emphasis on expressiveness and safety. It has an advanced type system that helps catch your mistakes without getting in your way. It's used in environments where a single mistake can cost millions and speed matters, is supported by an active community, and has a rich set of libraries and development tools. For all its power, OCaml is also pretty simple, which is one reason it's often used as a teaching language.
 
Scilla is blockchain agnostic, can be implemented onto other blockchains as well, is recognised by academics and won a so called Distinguished Artifact Award award at the end of last year.
 
One of the reasons why the Zilliqa team decided to create their own programming language focused on preventing smart contract vulnerabilities safety is that adding logic on a blockchain, programming, means that you cannot afford to make mistakes. Otherwise it could cost you. It’s all great and fun blockchains being immutable but updating your code because you found a bug isn’t the same as with a regular web application for example. And with smart contracts it inherently involves cryptocurrencies in some form thus value.
 
Another difference with programming languages on a blockchain is gas. Every transaction you do on a smart contract platform like Zilliqa for Ethereum costs gas. With gas you basically pay for computational costs. Sending a ZIL from address A to address B costs 0.001 ZIL currently. Smart contracts are more complex, often involve various functions and require more gas (if gas is a new concept click here ).
 
So with Scilla, similar to Solidity, you need to make sure that “every function in your smart contract will run as expected without hitting gas limits. An improper resource analysis may lead to situations where funds may get stuck simply because a part of the smart contract code cannot be executed due to gas limits. Such constraints are not present in traditional software systems”. Scilla design story part 1
 
Some examples of smart contract issues you’d want to avoid are: leaking funds, ‘unexpected changes to critical state variables’ (example: someone other than you setting his or her address as the owner of the smart contract after creation) or simply killing a contract.
 
Scilla also allows for formal verification. Wikipedia to the rescue:
In the context of hardware and software systems, formal verification is the act of proving or disproving the correctness of intended algorithms underlying a system with respect to a certain formal specification or property, using formal methods of mathematics.
 
Formal verification can be helpful in proving the correctness of systems such as: cryptographic protocols, combinational circuits, digital circuits with internal memory, and software expressed as source code.
 
Scilla is being developed hand-in-hand with formalization of its semantics and its embedding into the Coq proof assistant — a state-of-the art tool for mechanized proofs about properties of programs.”
 
Simply put, with Scilla and accompanying tooling developers can be mathematically sure and proof that the smart contract they’ve written does what he or she intends it to do.
 
Smart contract on a sharded environment and state sharding
 
There is one more topic I’d like to touch on: smart contract execution in a sharded environment (and what is the effect of state sharding). This is a complex topic. I’m not able to explain it any easier than what is posted here. But I will try to compress the post into something easy to digest.
 
Earlier on we have established that Zilliqa can process transactions in parallel due to network sharding. This is where the linear scalability comes from. We can define simple transactions: a transaction from address A to B (Category 1), a transaction where a user interacts with one smart contract (Category 2) and the most complex ones where triggering a transaction results in multiple smart contracts being involved (Category 3). The shards are able to process transactions on their own without interference of the other shards. With Category 1 transactions that is doable, with Category 2 transactions sometimes if that address is in the same shard as the smart contract but with Category 3 you definitely need communication between the shards. Solving that requires to make a set of communication rules the protocol needs to follow in order to process all transactions in a generalised fashion.
 
And this is where the downsides of state sharding comes in currently. All shards in Zilliqa have access to the complete state. Yes the state size (0.1 GB at the moment) grows and all of the nodes need to store it but it also means that they don’t need to shop around for information available on other shards. Requiring more communication and adding more complexity. Computer science knowledge and/or developer knowledge required links if you want to dig further: Scilla - language grammar Scilla - Foundations for Verifiable Decentralised Computations on a Blockchain Gas Accounting NUS x Zilliqa: Smart contract language workshop
 
Easier to follow links on programming Scilla https://learnscilla.com/home Ivan on Tech
 
Roadmap / Zilliqa 2.0
 
There is no strict defined roadmap but here are topics being worked on. And via the Zilliqa website there is also more information on the projects they are working on.
 
Business & Partnerships  
It’s not only technology in which Zilliqa seems to be excelling as their ecosystem has been expanding and starting to grow rapidly. The project is on a mission to provide OpenFinance (OpFi) to the world and Singapore is the right place to be due to its progressive regulations and futuristic thinking. Singapore has taken a proactive approach towards cryptocurrencies by introducing the Payment Services Act 2019 (PS Act). Among other things, the PS Act will regulate intermediaries dealing with certain cryptocurrencies, with a particular focus on consumer protection and anti-money laundering. It will also provide a stable regulatory licensing and operating framework for cryptocurrency entities, effectively covering all crypto businesses and exchanges based in Singapore. According to PWC 82% of the surveyed executives in Singapore reported blockchain initiatives underway and 13% of them have already brought the initiatives live to the market. There is also an increasing list of organisations that are starting to provide digital payment services. Moreover, Singaporean blockchain developers Building Cities Beyond has recently created an innovation $15 million grant to encourage development on its ecosystem. This all suggest that Singapore tries to position itself as (one of) the leading blockchain hubs in the world.
 
Zilliqa seems to already taking advantage of this and recently helped launch Hg Exchange on their platform, together with financial institutions PhillipCapital, PrimePartners and Fundnel. Hg Exchange, which is now approved by the Monetary Authority of Singapore (MAS), uses smart contracts to represent digital assets. Through Hg Exchange financial institutions worldwide can use Zilliqa's safe-by-design smart contracts to enable the trading of private equities. For example, think of companies such as Grab, AirBnB, SpaceX that are not available for public trading right now. Hg Exchange will allow investors to buy shares of private companies & unicorns and capture their value before an IPO. Anquan, the main company behind Zilliqa, has also recently announced that they became a partner and shareholder in TEN31 Bank, which is a fully regulated bank allowing for tokenization of assets and is aiming to bridge the gap between conventional banking and the blockchain world. If STOs, the tokenization of assets, and equity trading will continue to increase, then Zilliqa’s public blockchain would be the ideal candidate due to its strategic positioning, partnerships, regulatory compliance and the technology that is being built on top of it.
 
What is also very encouraging is their focus on banking the un(der)banked. They are launching a stablecoin basket starting with XSGD. As many of you know, stablecoins are currently mostly used for trading. However, Zilliqa is actively trying to broaden the use case of stablecoins. I recommend everybody to read this text that Amrit Kumar wrote (one of the co-founders). These stablecoins will be integrated in the traditional markets and bridge the gap between the crypto world and the traditional world. This could potentially revolutionize and legitimise the crypto space if retailers and companies will for example start to use stablecoins for payments or remittances, instead of it solely being used for trading.
 
Zilliqa also released their DeFi strategic roadmap (dating November 2019) which seems to be aligning well with their OpFi strategy. A non-custodial DEX is coming to Zilliqa made by Switcheo which allows cross-chain trading (atomic swaps) between ETH, EOS and ZIL based tokens. They also signed a Memorandum of Understanding for a (soon to be announced) USD stablecoin. And as Zilliqa is all about regulations and being compliant, I’m speculating on it to be a regulated USD stablecoin. Furthermore, XSGD is already created and visible on block explorer and XIDR (Indonesian Stablecoin) is also coming soon via StraitsX. Here also an overview of the Tech Stack for Financial Applications from September 2019. Further quoting Amrit Kumar on this:
 
There are two basic building blocks in DeFi/OpFi though: 1) stablecoins as you need a non-volatile currency to get access to this market and 2) a dex to be able to trade all these financial assets. The rest are build on top of these blocks.
 
So far, together with our partners and community, we have worked on developing these building blocks with XSGD as a stablecoin. We are working on bringing a USD-backed stablecoin as well. We will soon have a decentralised exchange developed by Switcheo. And with HGX going live, we are also venturing into the tokenization space. More to come in the future.”*
 
Additionally, they also have this ZILHive initiative that injects capital into projects. There have been already 6 waves of various teams working on infrastructure, innovation and research, and they are not from ASEAN or Singapore only but global: see Grantees breakdown by country. Over 60 project teams from over 20 countries have contributed to Zilliqa's ecosystem. This includes individuals and teams developing wallets, explorers, developer toolkits, smart contract testing frameworks, dapps, etc. As some of you may know, Unstoppable Domains (UD) blew up when they launched on Zilliqa. UD aims to replace cryptocurrency addresses with a human readable name and allows for uncensorable websites. Zilliqa will probably be the only one able to handle all these transactions onchain due to ability to scale and its resulting low fees which is why the UD team launched this on Zilliqa in the first place. Furthermore, Zilliqa also has a strong emphasis on security, compliance, and privacy, which is why they partnered with companies like Elliptic, ChainSecurity (part of PwC Switzerland), and Incognito. Their sister company Aqilliz (Zilliqa spelled backwards) focuses on revolutionizing the digital advertising space and is doing interesting things like using Zilliqa to track outdoor digital ads with companies like Foodpanda.
 
Zilliqa is listed on nearly all major exchanges, having several different fiat-gateways and recently have been added to Binance’s margin trading and futures trading with really good volume. They also have a very impressive team with good credentials and experience. They dont just have “tech people”. They have a mix of tech people, business people, marketeers, scientists, and more. Naturally, it's good to have a mix of people with different skill sets if you work in the crypto space.
 
Marketing & Community
 
Zilliqa has a very strong community. If you just follow their Twitter their engagement is much higher for a coin that has approximately 80k followers. They also have been ‘coin of the day’ by LunarCrush many times. LunarCrush tracks real-time cryptocurrency value and social data. According to their data it seems Zilliqa has a more fundamental and deeper understanding of marketing and community engagement than almost all other coins. While almost all coins have been a bit frozen in the last months, Zilliqa seems to be on its own bull run. It was somewhere in the 100s a few months ago and is currently ranked #46 on CoinGecko. Their official Telegram also has over 20k people and is very active, and their community channel which is over 7k now is more active and larger than many other official channels. Their local communities) also seem to be growing.
 
Moreover, their community started ‘Zillacracy’ together with the Zilliqa core team ( see www.zillacracy.com ). It’s a community run initiative where people from all over the world are now helping with marketing and development on Zilliqa. Since its launch in February 2020 they have been doing a lot and will also run their own non custodial seed node for staking. This seed node will also allow them to start generating revenue for them to become a self sustaining entity that could potentially scale up to become a decentralized company working in parallel with the Zilliqa core team. Comparing it to all the other smart contract platforms (e.g. Cardano, EOS, Tezos etc.) they don't seem to have started a similar initiatives (correct me if I’m wrong though). This suggest in my opinion that these other smart contract platforms do not fully understand how to utilize the ‘power of the community’. This is something you cannot ‘buy with money’ and gives many projects in the space a disadvantage.
 
Zilliqa also released two social products called SocialPay and Zeeves. SocialPay allows users to earn ZILs while tweeting with a specific hashtag. They have recently used it in partnership with the Singapore Red Cross for a marketing campaign after their initial pilot program. It seems like a very valuable social product with a good use case. I can see a lot of traditional companies entering the space through this product, which they seem to suggest will happen. Tokenizing hashtags with smart contracts to get network effect is a very smart and innovative idea.
 
Regarding Zeeves, this is a tipping bot for Telegram. They already have 1000s of signups and they plan to keep upgrading it for more and more people to use it (e.g. they recently have added a quiz features). They also use it during AMAs to reward people in real time. It’s a very smart approach to grow their communities and get familiar with ZIL. I can see this becoming very big on Telegram. This tool suggests, again, that the Zilliqa team has a deeper understanding what the crypto space and community needs and is good at finding the right innovative tools to grow and scale.
 
To be honest, I haven’t covered everything (i’m also reaching the character limited haha). So many updates happening lately that it's hard to keep up, such as the International Monetary Fund mentioning Zilliqa in their report, custodial and non-custodial Staking, Binance Margin, Futures & Widget, entering the Indian market, and more. The Head of Marketing Colin Miles has also released this as an overview of what is coming next. And last but not least, Vitalik Buterin has been mentioning Zilliqa lately acknowledging Zilliqa and mentioning that both projects have a lot of room to grow. There is much more info of course and a good part of it has been served to you on a silver platter. I invite you to continue researching by yourself :-) And if you have any comments or questions please post here!
submitted by haveyouheardaboutit to CryptoCurrency [link] [comments]

Want to scrap RMT? Reduce cheating and hatcheting? Dissolve the meta? Open your mind and let's talk.

Disclaimer #2: I wrote this early yesterday morning and since then, the podcast happened and FIR Flea Market was announced. I have redacted some sections as a response.
Disclaimer: I know this is a long read and contains many sensitive subjects such as Secure Containers, the Flea Market, and Soft Skills, but it is simply a compiled list of ideas and in no way am I demanding for ultimate order in my favor or holding anybody else's ideas in contempt. I understand that my ideals may drastically differ from others. I only wrote this because of my passion for this game and my desire to see it succeed in the scope of what the devs outlined it to be, or at least how we interpret it: a hardcore looter shooter. I implore you guys to offer your own suggestions, ideas, and pick apart mine. This thread should only serve as the foundation for a greater Tarkov.
First, let's establish some terms to better differentiate between the two types of cheaters. There are consumer cheaters who use programs to gain an advantage over other players simply for the satisfaction of winning. Then, there are commercial cheaters, who are using these same programs but in order to generate an income in real life.
Commercial cheating will always be prolific in any video game that offers players transferable goods, and for as long as there is real money profit to be made, the benefits will continue to outweigh the risks. Any security expert can tell you that no lock is unpickable, no chain is unbreakable, and no password is unsolvable, but that doesn't mean we should all keep our doors unlocked, bikes unchained, and our passwords as "1234". And while a chain might not prevent your expensive road bike from getting stolen, having a chain, a disk lock, lojack, and the front wheel taken with you will certainly deter the grand majority of otherwise would-be thieves, who will of course, make an attempt on the less-protected bike adjacent to yours instead.
Battleye is a good start, the equivalent of a quality bike chain if you will, but of course--enough to stop most consumer cheaters, though not enough to stop most commercial cheaters. So let's ask ourselves: Where should intervention be focused on the most? We could target the cheat providers, but they'll keep writing more cheats. A game of cat and mouse. We could target the (commercial) cheaters, but they'll just buy more accounts and more cheats with the money they made cheating. Cat and mouse. Who else, then, if not the problem? They aren't the problem. Your every-day player. He is the problem. Small businesses are closing for good because the risk of COVID-19 is preventing customers from supporting their establishment. Let's increase the risk for the RMT customer to get the product that they paid for.
How? Make secure containers "read-only". Anything in your container can be "used" i.e. meds, keys, loose rounds for magazine packing, but nothing can be taken out or put in. It will then act as a non-transferable stash that can safeguard your valuables. No more accidentally dropping your S I C C case full of keys and then getting killed. However.. want to drop a keycard, case of bitcoins, or other valuables to a friend or a customer? It has to start and end the raid outside of either persons' secure container. This puts tradeable goods at risk for both the buyer and seller for the entirety of the raid, and not just at the extract when the transaction is made.
This simultaneously makes PVP more rewarding. Now, when you murder that pistoling who risked nearly nothing and put an annoying crack in your shiny, expensive face shield, you'll be able to take the graphics card or LEDX off of his body to remind him that his chances at those items would have been greater had he risked some gear of his own. More gear taken into raids is more gear taken out of the economy. Combined with the current weight system, this is a necessary and intuitive money sink.
On the topic of money sinks, let's consider changing how insurance works. Rather than insure items, we could insure ourself. Pay Prapor or Therapist a reasonable, fixed fee in advance to recover any goods left on our body (only what was taken IN to the raid. I was exploring the idea of having the game take a snapshot of your corpse's entire inventory upon the conclusion of the raid and sending it in the mail, but it would be too easy to abuse for RMT purposes. The seller could give the customer a backpack full of bitcoins and kill him in a bush for example). Because the body is insured and not each individual item, things such as ammo and meds could be returned without the bloat of having an insurance status on each individual bullet in a magazine, the primary reason I believe ammo to not be insurable currently. The fee could scale with the "safety" of the map. For example, Prapor's boys would probably feel less comfortable scouring Reserve for your dead body than a place like Factory, and thus the fee for body recovery on Reserve could be upwards of 100K and unless you were completely stripped, you would still probably make money back on unlooted ammo/meds alone. Factory on the other hand, because of how small the map is and therefore easy to find dead PMCs, the fee could be a reasonable 10K.
This does two things:
First, it stops insurance fraud. Dumping your gear (to ditch a thermal or wear someone else's kit, guaranteeing you get yours back) or your dead buddy's gear into a bush is unimmersive and bad for the economy. The current insurance system unreasonably rewards squad play for the wrong reasons, effectively removing the penalty for death if at least 1 competent person in the group survives (I personally frequent 3-5 man squads and it just feels unfair how much gear I get back when I die).
Second, it sets up a new dynamic in place of insurance fraud. Now, if you want your buddy to get his stuff back, you have to defend his body or extract with his gear. This rewards scavs for properly scavenging, looking for the fruitful casualties of groups that made it out. This is good for the economy, as the punishment for death almost always will result in a transfer of wealth to those who work for it and not a retention of wealth for non-solos.
Next up, the Flea Market.
It has been expressed many times by streamers that the Flea Market has ruined the game and should be removed but on the other hand, there were people complaining that level 15 was too high of a level to access the Flea Market and it has since become available earlier. I believe that the Flea Market is the core reason this game experiences the stagnant meta that it does. Global stock and personal limits from traders mean nothing when you can just visit the Flea Market and stockpile VALs and SR3Ms to run EVERY raid. Of course I am nobody to try and force anybody to play a certain way or use a certain loadout, but I do believe that the game would be more exciting if rare loadouts were actually rare. One solution is to make the Flea Market "find in raid" only. Not only would this be another nail in the RMT coffin (it would prevent customers from selling transacted barter items for exorbitant prices), but it would mark the first true player-driven economy by removing flipped goods from traders.
Traders could offer a (per-person, not global) tailored, but random assortment of goods each restock that you can piece together a kit from rather than a static array of goods unlocked by loyalty level. The (loyalty) level of the player would determine the frequency and strength of their goods. At Prapor LL4 for example, you may see VALs pop up more often, but once you buy them, that's all, and you have to wait until next restock and he might not even have any by then either. You might see a VAL available at lower loyalties as well, but even less frequently. Traders could then scale their prices dynamically to global demand (not the old, abusable system. This one would change the price incrementally based on purchase frequency. Global purchase frequency rising on a specific item? Global price on that item raises accordingly). This is good for the economy and, combined with making the Flea Market "find in raid" only, I believe it to be a solution to stagnant meta. How cool was it when you were new and killed that guy who had an SV-98 that you had to examine because you hadn't seen it until now? You'd get that feeling more often this way. Lastly, if the "find in raid" status is spoofable by cheaters, add a server-side check for the status.
Now on to weapon attachments.
Because of how unusable most stock rifles feel, there is a huge appeal for sticking as many appendages as possible to rifles to achieve that sweet <70, or god forbid, <40 recoil. Many of the attachments in the game go untouched because they don't offer even close to the arbitrary stat benefits of those in the meta. It is such a shame, as one of Tarkov's greatest strengths is the weapon modding system. I believe a step in the right direction would be to improve base weapon stats around the board (excluding weapons with fewer attachments such as the DVL) and and then nerf and bring each attachment more in line with each other, especially some of the outliers. Compare the RK-2 to the VPG for example. As such though, if an unmodded weapon vs a modded weapon wasn't night and day, it would promote significantly more weapon and attachment diversity. Of course some people are still going to min-max no matter how insignificant the benefits are. I would just like to be able to use a shortened SA-58 and be remotely competitive with a BMD'd 21" CASV SA-58. Or be able to C-clamp a Zhukov AK-102 without a foregrip and not lose to an equal-skill player 3/5 times who has the same gun, but with an RK-2.
Soft skill requirements for tasks and upgrades should be removed. They incline people to figure out ways of abusing the system and given people a reason to endorse it in order to progress through the task lines and upgrade their hideout. Soft skills should only be a passive reward for playing the game, not something people feel obligated to abuse. Additionally, PMCs should start at a higher level of soft skills, say... 10, to reflect the training and experience they received during employment. It doesn't make sense that untrained scavs have the same physical and mental capabilities as professional soldiers.
Certain skills as well can benefit greatly from a rework. Let's look at the following:

Strength
The elite perk is incredibly overpowered, but only because of how extreme it is. It could be changed so that each level of Strength increments a small % of the current elite perk, such as 0.5% per level, and then an additional 5% or so for elite, so at level 51, only 70% of the weight from worn gear would be counted. Run speed and Jump height could be reduced, and the leveling speed increased.
On the topic of gear weight, now that the weight system has been introduced and we get slower the heavier we get, could flat movement speed penalties from armor be removed? 6B43 already weighs 20KG. Why does it also slow for an additional 42%? Nobody uses heavy armor anymore because the extra protection is not worth the forfeiture of loot AND lowered base movement speed AND lowered sensitivity/ergonomics. Sensitivity inconsistency is another issue and most consider it a cardinal sin in FPS games.

Recoil Control
Heavily reduce the benefits. -0.3% recoil per level totaling -15% at level 50. As well, -0.4% recoil on the first shot per mouse click. The elite perk could be an additional 5% reduction on the first shot per mouse click. This would be a nice buff to semi-autos and make them more competitive against the current laser beam meta guns.

Search
The elite perk, again, is overpowered. Perhaps starting at Search level 0, we should be able to search two items at the same time, but at 40% speed each if searching two items at once. If only one item is searched at a time, speed would remain at 100%. With each level, search speed for double search increases by 1% and single search by 2% and the elite perk adds an additional 10%, bringing double search speed up to 100% at level 51 without the black and white difference between levels 50 and 51.

TL;DR: No TL;DR because I know some people will draw wild conclusions before fully understanding the content of the post.
submitted by 1199_Panigale_S to EscapefromTarkov [link] [comments]

How Bitcoin Works in 5 Minutes (Technical) - YouTube How to Mine Bitcoins Using Your Own Computer - YouTube How to mine bitcoins? What is Cryptomining? solo mining -pool Mining EXPLAINED! #AXT How to mine bitcoins (solo mining) with the core client ... How solo mining Bitcoin on Android - Miner Pro

Bitcoin mining is done by specialized computers. The role of miners is to secure the network and to process every Bitcoin transaction. Miners achieve this by solving a computational problem which allows them to chain together blocks of transactions (hence Bitcoin’s famous “blockchain”).. For this service, miners are rewarded with newly-created Bitcoins and transaction fees. The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. Solo mining is the process of mining alone as we told earlier. We are aware that when you connect yourself to a pool, the process that mainly happens is that all miners get connected to the same bitcoin-client to confirm transactions. This helps to increase the probability of “finding” a block directly. Further, the block provides incentives from the shares from all miners. If you do the ... I know this will probably be fruitless, but I think it will be fun to play these old miners as a Vegas-style gamble and use my main equipment as my "real" mining. I'm asking this partly because the directions in the readme file are vague: "BFGMiner supports solo mining with any GBT-compatible bitcoin node (such as bitcoind). To use this mode ... What is Bitcoin Mining: How Does Bitcoin Mining Work? Let’s talk about blocks and the technology involved in Bitcoin mining. You know that Bitcoin uses the blockchain, right? Well, that’s where we get the term ‘block’ from. What is a Block and Blockchain Technology? Many Bitcoin transactions happen at the same time.

[index] [46883] [96] [48940] [49330] [3411] [25788] [28996] [41588] [8567] [32114]

How Bitcoin Works in 5 Minutes (Technical) - YouTube

bitcoin (dot) org [bitcoin wallet] bitminter (dot) com [client and workers] there will never be a better version of this. This is what you need to know about Cryptomining.... Cryptomining is all about your Hardware.... you can Solo mine and pool mine too... i also mentioned how ... Bitcoin solo mining on Sony XPERIA Tablet S - Android 4.1.2 EASY SET UP URI: stratum+tcp://stratum.bitsolo.net:3334 Username: Your Bitcoin adress *****UPDATE***** Solo mining has been removed from client. I'll keep the video up for how it used to work, it might still work for some alt coins (unsure) yo... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X IMPORTANT!! This method only illustrates how mining works. You will not make any money f...

#