The DAO Report 8/22/18
Terence Tsao @terenc3t
Thanks @AragonProject for featuring @prylabs in the Q2 nest program updates. We are very happy with our achievements.
It's time to hear from the astonishing Aragon Nest teams and their updates!
That Planning Suite & @ryhopenetwork on incentivization apps, @mattgcondon on an optimistic UI, @frame_eth, OS-level signing provider & @prylabs on #Ethereum 2.0 sharding client
https://blog.aragon.org/aragon-nest-updates-from-the-teams-q2-2018/ …
Chris Remus @cjremus
Preview to new @AragonProject blog post, 3 ways to motivate a #blockchain & #crypto #BUIDL’ing product team > 1 Jump to new ideas - easy/dangerous/fizzles out fast 2 Talk to users easy/safe/sustaining in the short term 3 Ship - hard/frustrating/sustaining over the long haul
Luis Iván Cuende Verified account @licuende
Great work by @lkngtn formalizing my initial proposal to start decentralizing @AragonProject. It's now an AGP!
Pappi @Petts5
Interesting proposals. I agree a temporary ability to override veto results if felt being manipulated for short term gains, but obviously would have to be reviewed in the future as the project becomes more decentralised
Mark Mason @StayDashy
Thank you CT & @WilliamSuberg for reporting on #Dash. We're now close to 1000 @Dashpay accepting merchants in #Venezuela on
#Dash is seeing a surge in new merchants & @Dashpay wallet downloads in #Venezuela as hyperinflation runs wild. "We are seeing tens of thousands of wallet downloads from the country each month," Ryan Taylor, Dash Core Group CEO via @businessinsider
#Dash ambassador @rambrissi was interviewed yesterday by the largest investment bank in Latin America via @infomoney to talk about @Dashpay documentary & the important role of #cryptocurrencies in unstable countries such as #Venezuela & #Turkey .
Good news #Dash fans! @CoinCards are now accepting @Dashpay as a form of payment. http://Coincards.ca is a service that allows Canadians to purchase gift cards from hundreds of retailers in #Canada using $Dash.
Alex Felix @flexthought
Roll call of predictions for decentralized product adoption enabling consumer use cases over next 6 months:
1 Apps: Layer2 gaming, @SpankChain, @FunFairTech
2 Prediction Mkts: Centralized orderbook implementation for @AugurProject @gnosisPM & @numerai Erasure
ChainLINK fan @ChainLINKfan
Bear in mind that @MarketProtocol are working with @MakerDAO. Stable coins need oracles and a move to use #chainlink would by default mean a lot of usage flowing through the network as price data needs to be refreshed constantly. $LINK
Deniz Omer @DenizOmer
It's pretty significant that these pools of liquidity are opening up to each other. The higher the liquidity, the lower the cost to end users. Good to see @KyberNetwork and @MakerDAO pursuing this.
Token Domains @TokenDomains
Robust stablecoins.
Very impressed with @MakerDAO so far.
Remains to be seen how well it fares.
Timo u/Trizeropz @timo_harings
Marketprotocol announces partnership with @chainlink. Marketprotocol is a decentralized derivatives protocol that's working with @MakerDAO, the only stablecoin that is collaterized with assets via #smartcontracts.
markfriedler @markfriedler
Announcing @sfcryptomondays next event about #STO #Regulations #Jurisdictions and dealing with all that w CIO @TheSwarmFund CEO Digital Assets @sharespost partner @Orrick and me Sept 10th. Discount tickets available this week!
CoinMarketCap @CoinMarketCap
CoinMarketCap is pleased to be partnering with @TradeVela to bring our trusted cryptocurrency data to institutional clients! We will be providing the crypto data in their SuperFeed. Read our press release here at: https://blog.coinmarketcap.com/2018/08/22/coinmarketcap-partners-with-vela-to-include-cryptocurrencies-in-superfeed/
Korean Cryptocurrency & Blockchain News @BlockchainROK
China is now prohibiting all commercial venues from hosting any events related to crypto. This time the ban is more around communication channels: banning crypto WeChat accounts, crypto media outlets, shutting down any public crypto activities.
Expecting more to hit Sept.
Socal @Socal_crypto
As a follow up on my previous $HXX post, and to show some of the things I'm looking at, are the very low circulating supply (around 1.7 million) and the upcoming 10:1 fork of $BZX to $HXX holders and 1:1 for $BTC holders on Aug 31st. $HXX is also launching their own Dex pre-fork
Crypto Lemma [REKT] @crypto_lemma
Oh man there’s far too much for Twitter. You’ve only scratched the surface. I can DM you if you like but you should definitely also go and hear the other side. The people still in Hexx think all critics are part of some conspiracy to hold the coin back.
In reality most of us just don’t think it’s fair that people like you only get to hear the positivity they put out on twitter and discord. All questions and negativity has been surpressed. One of the main reasons they closed their telegram.
CryptoMan @E709Man
HEXX is it will have its own DEX very soon which is fantastic. I am a holder of HEXX and will keep hold of them for some time, its an interesting project. The price is so low right now and has been just of $16 before. You are also right, it has a real low circulating supply...
Dan Hedl @danheld
1/ Most people have misconceptions about PoW being "wasteful." Because this narrative is so popular, I've spent some time collecting my thoughts on its utility, efficiency, and morality. A thread:
Ryan Selkis @twobitidiot
Imagine a future where:
+ Bitcoin miners push the clean energy frontier
+ BTC becomes big enough to justify international mining treaties
+ Ultimately leads to a switch to proof-of-stake and low inflation
+ All that clean energy capacity gets repurposed
Not that far-fetched.
Dan Hedl @danheld
“that in order to make a man/woman covet a thing, it is only necessary to make the thing difficult to attain.” - Mark Twain
A ledger can only be immutable if and only if it is costly to produce. The fact that PoW is “costly” is a feature, not a bug.
Until very recently, securing something meant building a thick wall around whatever is deemed valuable. The new world of cryptocurrencies is unintuitive and weird - there are no physical walls to protect our money, no doors to access our vaults.
Bitcoin’s public ledger is secured by its collective hashing power: the sum of all energy expended to do the work in its proof-of-work chain.
When Satoshi wrote “One CPU one vote” he was fundamentally changing how consensus is formed from political votes to apolitical hashes via the conversion of energy. PoW is proof of burn, or the validation that energy was burnt. Why is that important?
It's the most simplistic and fair way for the physical world to validate something in the digital world. PoW is about physics, not code. Bitcoin is a real asset, minted from energy, the fundamental commodity of the universe
The rate of ASIC efficiency improvement is slowing. As efficiency gains slow we can expect an increase in manufacturer competition as margins narrow. All-in mining will shift from the upfront accessibility cost of ASIC hardware to the ongoing energy costs to operate
Mining then moves directly to where electricity is being produced. Any application that is willing to pay higher than the rate of return on Bitcoin mining will be prioritized, which is a majority of processes (ex: your dishwasher is willing to pay more for the electricity)
The cost of Bitcoin mining becomes the lowest (excess) value of electricity. This will solve a major problem with renewable energy - variable output. Now energy producers can plug in miners, and store the excess power as bitcoin.
In thermodynamics, the universe is the ultimate closed system. Bitcoin’s utilization of the excess electrical capacity consumes magnitudes less electricity than existing fiat systems which need to power banking infrastructure, and the military/political machina
The energy tradeoff for the utilization of that electricity to secure the financial system backbone is a “net positive” outcome from an environmentally conscious perspective
Some complain that Bitcoin mining doesn’t accomplish “anything useful” like finding prime numbers. While introducing a secondary reward for doing the work might seem like a good idea, it actually introduces a security risk
Splitting the reward can lead to a situation where “it’s more worthwhile to do the secondary function that it is to do the primary function”. Bitcoin will never have this problem. Specialization (ASICs) provides a clear cost of capital calculations for attacks
Shrikar RU
2.7 Million Online Stores Can Now Accept Bitcoin, Ethereum, Litecoin Or Bitcoin Cash With Coinbase Integration
PrestaShop – 278,000 shops
Woo Commerce – 810,000 shops
Shopify – 980,000 shops
Magento – 252,000 shops
Opencart – 376,000 shops
Mariusz Mach
coinbase is a middle man in this process, there is millions of plugins thanks to which you can accept crypto without middle man. so it is not a big deal.
Shrikar RU
Coinbase claims to have made it peer to peer with zero fees
Mariusz Mach
what fees do you have when you accept payment straight to your wallet ?
Shrikar RU
by zero fees I mean no additional fees from Coinbase but network fees will apply I guess Coinbase just provides the plugins and the buttons
Rostik Rusev
This will have a pretty major affect in Chinese markets. There is no Telegram or Whatsapp in China. Since wechat was basically like telegram for us in crypto. That’s what WeChat was for China.
What are your thoughts on how this will effect crypto. This is China we’re talking about.
https://www.coindesk.com/crypto-media-banned-from-wechat-in-sudden-online-sweep/
David Hoverman
We already created the answer! https://synq.tech/
Christoph Gassner
Wechat isn't that popular outside of China
Rostik Rusev
Almost not popular anywhere else except for China. But China is a huge crypto player. No wechat, no discord no telegram..... it’ll hurt I think for a little while
Joshua Lee
WeChat is insanely popular in China. It's even a top 10 downloaded app on all mobile devices worldwide. It's a big deal.
Pierre Alex
Smart move from Revolut that will contribute to the crypto mass adoption!
https://www.finextra.com/newsarticle/32558/revolut-launches-metal-card-with-cryptocurrency-cashback
Alan Goodrum
I wonder of you will get 1% back on any crypto purchases. If so then could be lucrative
Jordan Chapman
Wirex gives you 0.5% bitcoin back on any purchase made with the card
Philip Lavergne
market update,
I broke this situation down to 2 most likely scenarios (in my opinion)
we retrace with the ETF rejection but hold support in low 6s once again, leads to a very strong bullish momentum, shorts closing and we will blast through (because the reason why no one is buying or even selling / shorting = ETF denied)
we fully retrace, break support (with ETF) and expand to downside to test year lows and even pretty likely break it. Then this was all a fakeout before the real move
Read it, try to understand it and act accordingly
Ron Smith
I don't think the market will even react, nobody is expecting this etf to get approved
Guillermo Patoulachi
Hi there, I just built a simple price tracking tool for crypto traders, I would love to get some feedback on it.
You can check it out at cryptomoontracker.com
Thanks in advance
edit : I'm not a security expert so DO NOT USE a password that you are using anywhere else. Always use a long, random and unique password when you register on a website.
Kenzo
where do u get the value data? API straight from exchange site or coinindex site?
Guillermo Patoulachi
I'm using cryptocompare API, the free version for now, I'm planning to upgrade to paid API so I can track more coins. The current limit is 6000 requests / hour
If you want me to add a coin let me know, I can list 100 coins max for now. I do a request every 20 seconds to update the price.
Arun Chandwaney
Bitmex had the highest pump, it touched $7100
This $700 candle was an internal profit for Bitmex..
- they announced maintenance, making sure guys CLOSE their active orders
- they now had the exact math, how high to liquidate all
- on bitmex it pumped more than anywhere else..
It is a clear sign of manipulation.
Omer Adel
It was obvious from the beginning cause a few hours before the short squeeze occurred the whales were busy accumulating buy positions on hidden but what gave it away was the massive tether orders right before bitmex went down. Fortunately i longed at 50x right before the shutdown
Sean Davies
Bitmex pumped more due to liquidating. Maintenance was already known, shorts at ath was already known. If seeings shorts at ath didn’t tell you we were going to pump at some point, then there is nothing that would have helped you.
Logan Roy
Looks like we broke the ceiling again folks!!
BUY rec: #OmiseGo / #Cardano / #IOTA / #SALT (my current portfolio) all tokens that have bottomed and are due for a surge soon. Also keep an eye out on #ETH (which may fall down to $240 range before consolidating; otherwise it will moon to $700+ (LONG) which is a smart bet to double your ROI for a mid-long term two or three month max safe HODL.
For all you swing-traders (myself included) set your alert(s) & sell-limits/stop-loss...es @ $7200 (resistance) $6700 (stop) as we fluctuate between support lines.
Safe Trading all! History does repeat itself.
Kris Bee
Any thoughts on DeepBrainChain?
Logan Roy
I don't like the term "shitcoin" so I'll refer to that as a "lower-market cap coin/token" & on that note I'm sorry. I don't bother conducting TA on any coin or token below top 100 market cap unless the whitepaper is intriguing to me.
Nick Vanduric
Why do you think it’s at bottom. They all break resistance , and the only trend is down until clear signs of reversal ...
Btw you already broke your stop loss on bitcoin ....
Eth has head and shoulder and the neckline @285 is now resistance …
Omer Adel
you do realize the market is being heavily manipulated right?
Sean Ryan
Like clockwork, whales accumulated on finex and gdax the past 3 days, shorts piled into them. Wait until mex goes down for scheduled maintenance and then unleash the beast. Great to be long, but this is why we can’t have nice things (yet).
Ryan Gooding
More like last 2-3 weeks but yeah we knew something was brewing. Great to be long indeed...
Sean Ryan
Yea, I just particularly noticed it between 6300-6450. Never know which way they will take it, but waiting for mex to be down is the type of manipulation nobody wants. If one exchange can have that much effect there is a problem. Baakt will hopefully solve this in the near future.
Ryan Gooding
We’re all just early to the party
Chris Simms
BTC Update!
Jumping off chart from last Friday. We were range bound between $6200-low $6600's. I was personally taking the weekend off and really didn't miss a thing with just a bunch of sideways action.
I was watching ideally for a bull break and short squeeze up towards $6800-7000 area to play or at least to daily 26 EMA and we finally got it yesterday. We topped out at $6890 so right in middle of range. I personally had entered majority of my position at $6480 playing off ...a change of the 4 hour lower highs and when we broke that pattern, I entered. I then scaled out low $6800's and stopped out on remainder in high $6600's just to lock in/protect those profits. So I am personally back to cash as we got the setup I was waiting for.
It played out slightly different on daily chart in we had a small bear break the other day to form a higher low at $6228 (but still held our range bound area). This is now a key low for me to watch and bulls will want to hold above that. I continue to believe they will fail on it and we fall back under $6k but that is level I am watching now.
The bull break last night was played from a couple of different angles. On 4 hour chart we had a nice downward trend line to watch due to the lower highs we were seeing. A break above trend line or above the most recent lower high, which is how I chose to play it, but it was also conveniently timed with BitMex going down for maintenance. This no doubt in my mind fueled the bulls to take up long positions knowing BitMex is the largest exchange for shorting. Shorts are now trapped if they have no stops set and bulls can force shorts to liquidate and create a short squeeze which is what we saw.
I am not impressed with the consolidation we are seeing other than bulls are just barely hanging on to our prior resistance (low $6600's) as support currently. But daily looks more of a reversal candlestick if we don't close up higher towards $6700+ today so need to see bulls bring price back up a bit. Certainly could happen but I'm perfectly happy and comfortable already back to cash with profits locked up. I'll again be away for the weekend and into early next week so likely just relaxing and away from any trades. We have another ETF tomorrow to likely be denied so perhaps we see a bear break on that news and can catch an oversold bounce play if so.
Just My 2 Sats!
Update: and down we come back below my entry. Exactly why I continue to lock those profits in and just move on to the next trade setup. Zero confidence in the bulls or in working around manipulation within the market. Just take the pumps, exit, and wait for the next low risk entry
Jacob Bush
This article makes the argument that today’s privacy coins only give us privacy in a very limited sense because through transaction pattern analysis and social engineering it is possible to deduce some information about the participants. For that reason, privacy coins must extend beyond transactions. A great read on some of the implications crypto projects of today could influence the world of tomorrow.
https://www.investinblockchain.com/blockchain-digital-privacy-future/
Ken Cegi
When litecoin started dropping in January, many holders lost hope and sold the coin at a loss, however with the recent increased adoption the coin's price may skyrocket by the end of 2018.
https://cryptolinenews.com/2018/08/litecoins-price-3/
EXCHANGES
MERCATOX @MercatoxCom
PROFISH (FISH) market added
Aurora (IDEX) Not Giving Away ETH @Aurora_dao
Today's Top 5 Tokens (by volume): $PCL by @_Peculium, $PKG by @pokemongopkg, $DAG by @Conste11ation, $CEEK by @CEEK, and $SEN by @consensus_ai.
$FTXT by @FuturaxProject has been listed on #IDEX
$DSCP (Disciplina) by @tchmpls_events has been added to #IDEX
$ETKN by @BeEasy_ICO has been added to #IDEX
$POD by @PODTeamOfficial has been added to #IDEX
Allcoin Exchange @AllCoinEx
TRON (TRX) Will be Listed on Allcoin
livecoin @livecoin_net
Dear clients, new markets #SLOPPS/#BTC, SLOPPS/#ETH are available for trading
Stocks.Exchange @StocksExchangeR
SE is so delighted to welcome Davies(DVS)
MERCATOX @MercatoxCom
MasterCoin (MC) market added
KUCOIN @kucoincom
KuCoin Open Deposit and Withdrawal for MainNet Nuls (NULS) Coin
LockTrip (LOC) is now on KuCoin
coinrail @Coinrail_Korea
Coinrail will open trading for TTV/BTC at 08/24 (Friday) KST.
Cryptopia Exchange @Cryptopia_NZ
Hi Cryptopians! We are pleased to announce we've completed the MonkeyProject $MONK swap!
How to sustainably grow Dash´s Ecosystem?
by DashEmbassyD-A-CH
Dash Infrastructure Program
First concept draft to be discussed in the community
Problems and pains in the current Dash Ecosystem
In our opinion one of the biggest problems in the current Dash Ecosystem is that the Dash DAO spends huge amounts of money on infrastructure projects to integrate Dash as a means of payment in several services without getting any benefits except for the integration itself. Meanwhile other Cryptocurrencies don´t pay a single Cent for those integrations.
We spend a lot of money in projects which might turn their back on us after receiving a funding or use their developments and services for other currencies.
Past voting cycles showed that those infrastructure and integration proposals are still popular, which we guess is because of the impact people believe they will have for future mass adoption.
READ MORE: https://old.reddit.com/r/dashpay/comments/99d904/how_to_sustainably_grow_dashs_ecosystem/
Where is the best place to buy Dash (lowest commission)? Thinking of investing $10 000...
by JeNeSaisPasDeux
I just read about Dash's takeover in Venezuela and considering investing $10 000 CAD, is that too risky of a move?
ThisMustBeTrue
There's a huge potential upside and also downside. If losing $10 000 CAD won't damage your financial security too significantly, then the possible upside is worth the risk.
https://uphold.com/ would probably be the easiest place for you to buy Dash, but I doubt it's the lowest commission.
Maybe https://www.kraken.com/ would be lowest commission?
Here's a list of places that trade Dash. https://coinmarketcap.com/currencies/dash/#markets
Nunoyabiznes
Well, looking at a price chart of Dash might put some reality into your choices. I don’t think DASH has taken over anything or shown any upside yet. It’s a good coin with a strong team but please read more than one article about Venezuela before you invest money.
READ MORE: https://old.reddit.com/r/dashpay/comments/99cu4f/where_is_the_best_place_to_buy_dash_lowest/
Dash Is Apparently Catching on In Venezuela - coinness.com
by CoinnessPress
200 merchants per month are signing up to accept Dash in Venezuela, according to the Dash Core Group, and the rate of adoption is accelerating.
"We are seeing tens of thousands of wallet downloads from the country each month," said Ryan Taylor, the CEO of the Dash Core Group. "Earlier this year, Venezuela became our number two market even ahead of China and Russia, which are of course huge into cryptocurrency right now."
READ MORE: https://old.reddit.com/r/dashpay/comments/99bjgd/dash_is_apparently_catching_on_in_venezuela/
I wish I had more Dash
by Skaarup
So I just bought some more.. im kinda planning to have cold wallet for saving and another for spending.
How do you guys buy cheap?
mikenewhouse
Use hardware wallet for security
Kanuuker
I use uphold.com
Dsludge
Set descending low buy prices on exchanges with thin order books and wait.
READ MORE: https://old.reddit.com/r/dashpay/comments/997ilx/i_wish_i_had_more_dash/
iRespo ICO failed. We will return the gathered funds today.
by iRespo
Our ICO has ended.
Unfortunately we did not manage to gather enough funds to continue the project in the shape presented in the whitepaper.Therefore we decided to return all the funds gathered during ICO.
The transactions - both PayPal returns and EOS returns will be done today.
People that took part in the ICO may keep their IRESPO tokens.
However, we decided to withdraw our exchange listing applications as the project cannot be developed at the moment.
UPDATE: both PayPal and EOS returns have been made
READ MORE: https://old.reddit.com/r/eos/comments/99cozz/irespo_ico_failed_we_will_return_the_gathered/
JUST WHEN YOU THOUGHT IT WAS OVER
by worbli
The WORBLI Billion Token Airdrop will be taking place after our network launch on the 14th September to all EOS mainnet token holders.
EOS Token holders will receive 1 WORBLI (WBI token for every EOS token they hold (1000 EOS = 1000 WBI).
To claim their airdrop, the token holder will enter their public key through our portal to access their WORBLI Portal, and the AirDropped tokens!
We're taking a mainnet snapshot on the 7th of September and the WORBLI Portal will be live on the 14th September for users to claim their tokens!
Fortunately, and because token and account creation happens on the WORBLI Network, it means account creation costs a tiny amount, and we're aiming for less than $0.01!
READ MORE: https://old.reddit.com/r/eos/comments/99a4nq/just_when_you_thought_it_was_over/
Why Everipedia will fail
by puma2311
Everipedia will fail to acquire traffic from search engines such as Google (SEO). People visit wiki sites from search engines. Everipedia has zero SEO presence on Google. They don't rank for anything except their own name. This is because they copied all their content from Wikipedia and Google's algorithm has already deemed them as a spam website. Their potential for SEO traffic is near zero.
Everipedia does not actually provide intrinsic value for their coin. You can't use their coin for anything except to trade it on the exchange. No one has a demand for the coin except people who want to manipulate a page for their own agenda. However, because they don't get any SEO traffic (see above), not even those people will care.
Their curation system is based on who has more IQ tokens - not by who is actually right. If you want to mess up a page or change the content, all you need is to acquire lots of IQ. People will lose trust in their content. Conversely, Wikipedia is supported by a community of volunteers.
READ MORE: https://old.reddit.com/r/eos/comments/995x49/why_everipedia_will_fail/
EOS: AirDrop vs. ICO
by curiosityhover1
Why does it seem that there are hardly any ICO for EOS projects? But there are many AirDrops on EOS?
Is this just a general trend of the entire blockchain industry? Or is it only peculiar for EOS blockchain? And why?
BluaBaleno
There are several reasons, for one, since transactions are basically free on the EOS blockchain, it is much easier to do airdrop on EOS.
Second is that airdrops skirts around security laws thereby making it much easier to conduct versus ICOs.
And most EOS projects that do airdrops don't have anything to show yet, making it much harder to raise funds. As they show progress on their project, people start buying up the tokens.
Thirdly, I think people are pretty tired of ICOs. Most of these projects have raked in millions of dollars with nothing to show for. Airdrops provides an alternative, holding the developers accountable rather than trusting them outright with a large sum of money and hoping they won't run away.
READ MORE: https://old.reddit.com/r/eos/comments/99ccbq/eos_airdrop_vs_ico/
Does paying back dai or locking more peth up lower your liquidation point more or does it make any difference?
by sargontheforgotten
So if I have some eth and want to lower my liquidation threshold which is better, locking or reducing debt?
Rich_at_makerdao
The best way to lower your risk of liquidation is to repay DAI, which also has the added benefit of reducing the amount of fees you accrue on your position.
Assuming:
The value of one ETH is 350USD
The total staked PETH is 12
The ratio of PETH/ETH is 1.012
The Liquidation Ratio is 150%
The Stability Debt is 1000 DAI
Current Liquidation Price:
(1000 × 1.5 ) ÷ (12 × 1.012) = 123.51 USD
Liquidation Price change by adding 700 USD worth of collateral:
(1000 × 1.5 ) ÷ (14 × 1.012) = 105.87 USD
Liquidation Price change by removing 700 USD worth of debt:
(300 × 1.5 ) ÷ (12 × 1.012) = 37.05 USD
We can see that the Liquidation Price is significantly reduced by returning DAI as opposed to adding more collateral.
READ MORE: https://old.reddit.com/r/MakerDAO/comments/998fuu/does_paying_back_dai_or_locking_more_peth_up/
Is there any services that let's you buy Dai with USD?
by wilsoncusack
giltotherescue
At Gilded we competed in a hackathon last weekend where we used the Wyre API to create a simple tool that helps you purchase DAI with USD and have it deposited straight into your MetaMask account. It will take us a few weeks to clean it up and make sure it is extremely secure and ready for production. Look for a post from Maker soon where they may post some details about this and other projects from the hackathon.
Robin_Hood_Jr
https://blog.sendwyre.com/wyre-and-makerdao-offer-first-compliant-usd-to-dai-exchange-68db552f5c34
h-kissinger
Ethfinex.
READ MORE: https://old.reddit.com/r/MakerDAO/comments/995m3s/is_there_any_services_that_lets_you_buy_dai_with/
QuadrigaCX Randomly suspended my account with 700k in it, with no email no nothing.
by eitherproduce
I have a quadrigacx account with 108 BTC (719K USD) and randomly for literally no reason my account has been "suspended". I sent them a ticket 24 hours ago and no response. If I don't have access to my account within 48 hours I will file a lawsuit against Quadriga, it's unbelievable how these people can hold your funds hostage with the click of a button. I am removing all of my money from this scam service as soon as I get it back, (if I do).
My client ID is : 37207
Just so you know, when you have money on Quadriga, the money doesn't belong to you, it belongs to them.
Upvotes for visibility greatly appreciated. If they can randomly suspend an account with 700k in it without sending a single email explaining what's going on, and ghosting me for over 24 hours, it really shows what kind of scummy bullshit business they are running.
B00j
Chances are your account is under investigation for laundering or something else. They're not required to inform you in this situation and if I'm not mistaken I don't think they're actually allowed to tell you if they're working with a federal investigation.
Do your due diligence in any situation, reach out on social media, start a ticket, file a claim etc. Just cover your bases so when the time comes you can show you are entitled to the assets.
READ MORE: https://old.reddit.com/r/CryptoCurrency/comments/99blnk/quadrigacx_randomly_suspended_my_account_with/
MEDIUM
Quorums in Dash
Alexander Block
In this post, I’d like to describe what quorums in Dash are and what they solve. I’d also like to explain the problems with these and why we can’t easily scale these or use them for new use cases. Initially, this was part of another post that I’m writing at the same time and which I’m going to release sometime after this one. Basically, in this post I will try to describe what Quorums are, what they are currently used for and what their current limitations are. The next post will then give an answer on how we plan to solve these issues once and for all.
What are Quorums?
A quorum is a collection of entities that are able to vote on something. Every member is generally allowed to vote only once. If >= 51% vote for the same thing, majority is reached. Something either got the majority of votes or not, there should be nothing in between.
This is useful if the likelihood of disagreement is too high, which for example is the case when it comes to propagation of transactions and handling of conflicts if they arise. Bitcoin introduced a policy to handle this, which is the first-seen policy. Dash inherited this policy. It basically means that if a conflict arises (e.g. a double spending transaction) the first seen transaction is the only one a node should accept and propagate while ignoring all others.
READ MORE: https://blog.dash.org/quorums-in-dash-e1f19a66f4bf
MyWish Creates the First Smart Contracts Supported By EOS Blockchain.
Vladimir Tikhomirov
What is the Token Smart Contract?
The Token Smart Contract is supposed to be used for creating a personalized cryptocurrency. This, in turn, is used for running your own ICO or any other blockchain project. Personalized cryptocurrency could also be used for sale, distribution or crowdsale programs. The platform gives you a huge opportunity and all the rest is just a matter of your crypto potential. The ball is in your court.
Real talk. Why should you choose to create Tokens on EOS over any other blockchain?
Right after you create the Token Smart Contract on EOS Blockchain, you need to be prepared for the fastest possible speed of the transactions’ execution. That has a potential to scale to millions of transactions per second. DPoS (Delegated Proof of Stake) modification is responsible for the instant transfer of your cryptocurrency.
Whatever the reason for you creating your own Token Smart Contract hosted on EOS, you will definitely save money. EOS requests no gas for your transactions.
You don’t have to know any programming skills to write a complex code for your Smart Contract to automate and secure your activities on the EOS Blockchain. The MyWish Smart Contract Platform has your back!
READ MORE: https://medium.com/@VladimirTikhomirov/mywish-creates-the-first-smart-contracts-supported-by-eos-blockchain-26b240e58b76
What the Ram!?
LiquidEOS
EOS Mainnet launched just over two months ago and it’s fair to say that it has been an exhilarating time as well as a tremendous learning curve. As a community, we have come together to launch what is arguably the most promising blockchain entity to date. Being the first experiment of its kind in decentralized governance, we have achieved some major milestones thus far- a record breaking 3700 TPS and over 10 million blocks produced. However, nothing of this magnitude or transformative potential comes easily or kink-free.
It’s been a great pleasure working alongside the other BPs and EOS community members to brainstorm and solve a series of issues that have arisen; from RAM prices, to fine-tuning and working out the details of arbitration, BP compliance and responsibilities, to scaling and achieving wide scale adoption — there is never a dull moment.
One topic that has constantly been at the forefront of discussion has been the issue of RAM. So what the RAM is going on!?
READ MORE: https://medium.com/@liquideos/what-the-ram-c3fa8f6c228a
ALIGATOCOIN: A NEW DIMENSION OF E-COMMERCE
olayemi ikuomola
Cryptocurrencies is one of the most important inventions since the inception of the web. They are ushering in a new era of decentralization, privacy, and control of one’s own data that has the potential to revolutionize many parts of society. There are currently over one thousand cryptocurrencies in use, with hundreds more being released each year. Their combined market cap has grown from $10 billion in 2016, to over $400 billion at the time of writing, having previously been much higher. Only 1% of the world’s population own cryptocurrency. Companies involved with blockchain, the technology behind cryptocurrencies and altcoins are expected to experience significant growth over the coming years. Blockchain technology can solve dozens of previously intractable problems, like digital identities, supply chain integrity, data breaches and many, many more. The use of blockchain technology within society has been exponentially increasing since it was introduced to the world by Satoshi Nakamoto. The first use of blockchain technology was bitcoin. According to Gartner Insights, blockchain, the driving force behind the crypto market is estimated to grow in business value to $3.1 trillion by 2030. Blockchain is the fastest growing market in the world and Aligatocoin token offers investors an opportunity to benefit from the growth in value. The age of blockchain technology is just beginning.
To have an insight on what this project is all about, let's take a good look at this video below….
ALIGATOCOIN
This is a platform which is absorbing new technologies to make life easier for everyone using e-commerce platforms in order to ensure safety, stability and transparency at a level unattainable by the solutions available so far which are the:-
Pay via Eye payment system: which operate through ordinary cameras in smartphones or computers, in order to strengthen the security of buyers.
READ MORE: https://medium.com/@Seunola/aligatocoin-a-new-dimension-of-e-commerce-8e83586861e1
CRYPTO COMPARE STATE OF THE CRYPTO
Bitcoin is up 3.91% at $6,661.570 with a volume of Ƀ84.8k - $560.9M on the USD pairs.
Ether is down 2.59% against Bitcoin at Ƀ0.04252 per Ether and up 1.07% against the dollar to $282.25 with average volume Ƀ46.1k on the ETH/BTC pair.
Bitcoin Cash is down 0.1% to Ƀ0.08265 with volumes of Ƀ14.9k and up 3.94% against the dollar at $549.57.
Ripple is down 1.03% to Ƀ0.00005105 with volumes of Ƀ8.0k and up 2.91% against the dollar at $0.3396.
Zcash is down 0.15% for the day to Ƀ0.02057 per ZEC and up 3.45% against the dollar to $136.3 with an average volume of Ƀ2.4k for the 24 hour period.
Litecoin is up 3.97% against the dollar for the day at $57.39 and up 0.15% to Ƀ0.008631 on volumes of Ƀ9.8k.
Dash is down 1.2% at Ƀ0.02225 with Ƀ5.3k volume and up 2.28% against the dollar at $147.57.
Iota is up 0.25% to Ƀ0.00008015 on Ƀ1.3k volume.
Ether Classic is down 6.45% to Ƀ0.001826 with volumes of Ƀ8.6k and up 3.27% against the dollar at $12.94.
Monero is up 0.69% against the dollar at $95.36 and down 2.58% against Bitcoin at Ƀ0.01437 on volumes of Ƀ2.2k.
Neo is down 2.29% for the day to Ƀ0.002736 per NEO and up 1.34% against the dollar to $18.14 with an average volume of Ƀ3.4k for the 24 hour period.
Waves is down 1% to Ƀ0.0003278 on Ƀ610.322 volume.
Stratis is down 2.2% to Ƀ0.0002183 on Ƀ115.171 volume.
Cardano is down 2.25% to Ƀ0.00001434 on Ƀ2.4k volume.
NEM is down 4.61% to Ƀ0.00001532 on Ƀ542.537 volume.
EOS is up 0.31% to Ƀ0.000754 on Ƀ10.2k volume.
Tron is down 2.47% to Ƀ0.00000316 on Ƀ3.9k volume.
Stellar is down 0.44% to Ƀ0.00003359 on Ƀ3.2k volume.
RELEVANT READS
Top Five DAOs Changing Decentralization Forever
https://usethebitcoin.com/top-five-daos-changing-decentralization-forever/
Dash Core Group CEO: Venezuela ‘2nd Biggest Market’ as Interest in Crypto Spikes
http://www.cryptonic.tech/2018/08/dash-core-group-ceo-venezuela-2nd.html
Dash Embassy D-A-CH Invited to Innovation Roundtable and Hackathon
https://www.dashforcenews.com/dash-embassy-d-a-ch-invited-to-innovation-roundtable-and-hackathon/
A cryptocurrency is making huge inroads in Venezuela as inflation runs wild — and it's not bitcoin or the Petro
https://www.businessinsider.com/dash-cryptocurrency-surges-in-venezuela-as-hyperinflation-explodes-2018-8
Demonstrating Real-Life Cryptocurrency Purchase and Use in Keene, NH
https://freekeene.com/2018/08/22/demonstrating-real-life-cryptocurrency-purchase-and-use-in-keene-nh/
DASH Crypto Will Serve as the New PayPal
https://www.blockdelta.io/dash-crypto-will-serve-as-the-new-paypal/
An interview with Kedar from Everipedia - Equal opportunity, Decentralized Wikipedia
Ethereum-based XYO Network eyes joining EOS Alliance
https://bcfocus.com/news/ethereum-based-xyo-network-eyes-joining-eos-alliance/21371/
MakerDAO Community Meeting - August 21, 2018
Running Masternodes on Swarm (SWM) Huge Giveaways (CRYPTO)
Coinbase Strengthen Core Principles as it Expands Cryptocurrency Use Cases
https://coingape.com/coinbase-core-principles-expands-cryptocurrency-use-cases/
Apple Co-Founder Reportedly "Involved" With Controversial Crypto Firm Equi Capital
https://www.cryptoglobe.com/latest/2018/08/apple-co-founder-reportedly-partners-with-controversial-crypto-firm-equi-capital/
Despite Denial, Cryptocurrency's Decline In Full View At BlockShow Conference
https://www.forbes.com/sites/jasonbloomberg/2018/08/22/despite-denial-cryptocurrencys-decline-in-full-view-at-blockshow-conference/#1576b8475bae
Bitcoin Cash (BCH) Hasn’t Held Up As Expected In Crypto Commerce
https://news.livecoinwatch.com/bitcoin-cash-bch-hasnt-held-up-as-expected-in-crypto-commerce/
Beijing prohibits public venues from hosting crypto events
https://www.chepicap.com/en/news/3118/beijing-prohibits-public-venues-from-hosting-crypto-events.html#.W32YWYYGTow.reddit
Vitalik Buterin, Ethereum co-founder, explores new transaction fee model
https://bcfocus.com/news/vitalik-buterin-ethereum-co-founder-explores-new-transaction-fee-model/21422/
Adoption of Immediate Payment Technologies Through Mobile Applications is Rising at an Extraordinary Way
https://www.cryptovibes.com/crypto-news/adoption-of-crypto-payment-technologies-through-mobile-applications-is-rising-at-an-extraordinary-way/
Bitcoin Spikes After Leveraged Trading Platform BitMEX Goes Down for Maintenance
https://sludgefeed.com/bitcoin-spikes-after-bitmex-goes-down-for-maintenance/
Newsflash: Bitcoin Price Analysis – Bullish Territory Before a Sharp Fall Near $6,400
https://www.ccn.com/newsflash-bitcoin-price-analysis-bullish-territory-before-a-sharp-fall-near-6400/
This is not investment advice, this is information culled from the web today. Please do your own research.
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